Even as the majority of home buyers will make emotionally driven decisions within the first 5 minutes of seeing a house, you should still try to be rational and think about the entire decision at hand.
When you are viewing a home, make sure you study the layout. Is the floor plan suitable for your situation? If you have children, is there adequate room for them to play in? If there are stairs, will they become an inconvenience? Are the bedrooms too close to the living room? Are you thinking of having children? Will this house be big enough for your future family? Is there enough storage room/closets to store all of your belongings?
Along with studying the floor plan to make sure the inside is suitable, you should consider outside the house and its location too. If you have young children, make sure that the yard has no areas where they can’t be seen. Also, ensure that there is no hazardous terrain that might endanger your children’s health. The location of your new home is very important. Make sure that the roads are accessible all year long. Think about how difficult driving conditions will be in the winter. Also, a long commute to work might become very inconvenient and stressful to your lifestyle.
The price for the house might be right, but what sacrifices will you be making to save money? Think of every aspect of purchasing a house before making your decision.
The Homebuyers’ Road Map
The Homebuyers’ Road Map is a public information toolkit to help homebuyers make informed decisions and planning when choosing a home. This project is a collaboration between The Canadian Real Estate Association and the Financial Consumer Agency of Canada. For more information visit