Posted 8.15.12 @ 6:20 by: Staff

When shopping for Oakville luxury homes for sale, it’s easy to try and only look at homes that you can afford; but how do you figure out what kind of home is right for your needs? You’re going to want to examine all of your options for Oakville real estate, affordable and expensive. This will help you establish a baseline, or “mean” about what you want in your house or condo. You’ll want to see what just a $100,000 more or less will buy you, this way you can compare and make sure that you’re getting the most for your money.

How Much Have You Been Approved For?

Just because you’ve been approved for a massive amount for your mortgage doesn’t necessarily mean you need to spend that much. Right now a lot of Canadians are being approved for large sum mortgages, but a lot of people just don’t need that much of a house. So if you’ve been approve d for say $600,000 but you only want to spend $475,000, that’s alright. You will still want to look at homes outside of your price point (and in your pain point!) to make sure that you’re getting the most for your money.

What You Want to Look for

When looking at Oakville real estate, you’re going to want to look at three different things: location, style and price. Price is an important factor, but it isn’t (nor should it!) be the only determining factor for your home purchase! You’ll want to explore different styles of homes, different neighbourhoods so you can make sure you get the best fit possible. Styles vary from person to person, and you should never have to settle just because a home is right on the money. You’ll want to give yourself a safe buffer zone with Oakville real estate, that way you can make sure you get a great deal and a great home.

Know What Your Deal Breakers Are

We all have a long list of things that we really want to have, but you need to know what you have to have in Oakville real estate and what you’d like to have. What are things that you can add in later, and what are serious things that you need now that you can’t do? Being near healthcare or within walking distance to schools may be a must have or a deal breaker. Having a vanity in the bathroom would be nice to have, but it’s not usually a deal breaker. Break your list down so you know what you’re really looking for.

You’ll want to really explore your options for Oakville real estate! If you’d like to learn more about your options, talk to us! We’re experienced, licensed Oakville realtors who can help you find the home you’ve always wanted. You don’t have to settle and we can help you get the best property that fits your must have and your want to have lists!

Pertinent and insightful information on Oakville real estate as well as commentary on current events in our community.