Finding Your Toronto Dream Home Easily – or How Not to Put the Cart Before the Horse

By Rosalin Smith-Carr

The internet is by far the most efficient method of obtaining information to help you in your search for a new home.  With instant access to vast amounts of information such as prices, home condition, amenities, and location, the internet will help you determine the criteria to shorten your dream home selection.cart-before-horse

From the comfort of your home, you can enjoy the benefits of the internet by first “visiting” listings online.  Most listings include detailed photos, with some providing virtual (video) tours of both the interior and exterior of the home.  This information is extremely valuable in determining homes that you want to visit in person.

Every neighbourhood has its own assets and liabilities. Initially, I suggest to my clients to walk or drive the different areas they might be interested in. Although the internet is a wonderful tool, there is still no substitute for “feet on the street.” In doing so they will get the full feel for the area, while at the same time they will learn about the homes, future neighbours, and schools. Then, and only then, do I suggest they start focusing on a particular home.

The best way get the flavour of a neighbourhood is to learn the market value of homes in your chosen area, and then visiting several properties in person. It takes more time but the payoff is well worth the effort. By doing this you will get a real feel for the homes and the different neighbourhoods you may want to consider living in.

Keep in mind that you will always be able to make modifications to your house to suit your needs and lifestyle. However, if after the fact you realize you bought in the wrong neighbourhood, the solution could be very costly and painful.

On average, a first time home buyer remains in their first home for about seven years. With this in mind… seven years can go by very slowly if you are unhappy about your neighbours and the amenities available in your area.

How long should it take to find the perfect home?
If you find you’ve been looking for the right house for more than four months, you should consider realigning your expectations and making sure that what you are looking for is available in the marketplace.

Rosalin Smith-Carr is a Sales Representative with Royal LePage R.E.S. Ltd., Johnston & Daniel Division.  Rosalin can be reached at rsmithcarr@sympatico.ca or visit www.primetorontoneighbourhoods.com

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