What do you need in a home? CMHC advises would-be homeowners to think about what their needs will be five or 10 years down the road. There are several elements to consider, including: • LOCATION: Do you want to live downtown or in the country? Do you want a family-friendly neighbourhood with schools nearby, or would you rather be close to nightlife? Do you want to be able to walk to work or live near a transit hub? • SIZE MATTERS: Decide how many bedrooms you need now, and think about whether you’ll be adding to your family in the future. How many bathrooms do you need? Is a home office important? Do you want an attached garage? Do you want a large yard with space for outdoor activities or would you prefer one that requires less maintenance? • SPECIAL FEATURES: Do you want a swimming pool? Air conditioner? Is energy efficiency and environmental responsibility important to you? Will you want features that allow you to age in place? • LIFESTYLE: Are there children in your future? Do you have older children who plan to move out soon? Do you have older parents who may move in? Do you want to be close to a park, or live near family and friends?
The CMHC website also provides a condominium buyer’s guide, as well advice for newcomers to Canada. Find all the information you need at www.cmhc-schl.gc.ca .
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