Buying a Home - Your Needs and Wants

Location, Location, Location

Location is one of the most important factors when making any real estate purchase. For example, if you work in downtown Victoria and you are comfortable with the idea of commuting, you might want to consider buying a home in one of the outlying communities for a quieter, more peaceful environment.  On the other hand, living closer to the city centre often means a short commute to work and easy access to shops and entertainment facilities.

When focusing on location, you will likely want to consider other important factors like the proximity of schools, access to public transit, shopping facilities, etc.

Identify Features you Need and Want

Once you have decided on the location, it’s time to identify your needs so that you can zero in on the home of your choice. For instance, if your family is outgrowing its present apartment or home, you know you are going to require something bigger and more comfortable -- possibly with more bedrooms and a second bath.

In addition to your needs, you should also consider your wants -- things you would like to have if you can afford them and if they are available. These are important factors to consider during discussions with a REALTOR®.

Matching Needs and Wants with Available Properties

With access to the Multiple Listing Service® (MLS®), your Realtor can draw up a customized list of homes that match your needs, wants and budget in the locations of your choice.

Take your lifestyle into account and the things that could enhance or detract from the daily enjoyment of your home, then add these preferences to your needs or wants shopping list. Your Realtor will arrange for you to see the homes for sale that appeal to you and will offer guidance throughout the home-buying process. 

Remember also that all of the properties listed for sale on MLS® can be viewed on REALTOR.ca.