Posted 8.20.12 @ 8:35 by: Staff

Summer is the best time to shop for luxury homes for sale in Oakville; everyone’s out enjoying the sun and it’s a great time to look at houses. The hottest time to buy homes is in early spring, so by the time the mercury rises you’ll be able to find good deals on just about every home. Here we’re going to talk about how to sketch out an idea of the kind of house (or condo!) that you want and how to find it.

House or Condo?

It’s the age old question: house or condo? Each has its own upsides and downsides, so it’s important to make sure you know the difference between the two:

Houses: A house can be a home, but it can turn into an expensive home. If you’re looking for a vacation property or a rental property, a house can be cost prohibitive. You’ll have to worry about maintenance, cleaning, security and all the other little costs that add up to owning a house. You do get the bonus of having a good deal of privacy and plenty of space to do what you want with it.

Condos: Condos are a great Oakville real estate investment, especially if you’re looking for something that doesn’t require a lot of upkeep. The downside to a condo purchase can be the HOA fees can be a bit painful at times. Before considering buying a condo, make sure you get a status certificate. This will provide you with a snapshot of how the corporation is doing and if they have reserve funds to handle an emergency; if they don’t you may end up having to pay special fees when you move in!

What do You Want in a Home?

The most important thing to do is to identify what you want out of your Oakville real estate! What do you want to do is make a list of all the things that you want in a house, and all of the things you don’t! Why do you want to move out of your current home and neighbourhood? Are there things you wish were different about your current home? How much house can you afford? What is your price range, and will you be able to access everything you need every day (public transport for commuting for example).

You’re going to want to identify your needs BEFORE you start home shopping, so you’ll make sure that the house you choose fits you and not the other way around. Allot yourself a little breathing room up and down; you never know where your dream home may be!

If you’d like help exploring your Oakville real estate options, let us help! We know all the neighbourhoods and know where you’ll feel at home. Some real estate agents are concerned about selling the most expensive house, but we’re more concerned with selling you the right house. Contact us today and see what we can do for you.

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