When looking for your new Kelowna home, it is important to decide on your preferred neighbourhood(s) and view homes in each for a good comparison. Having a house features "wish list" keeps you focused on which aspects are most important to you.
How do you know which home is right for you? When narrowing down your home search, consider the following:
There are several forms of home ownership, including single-family homes, multiple-family homes, and condominiums.
Single-family homes: One home per lot.
Multiple-family homes: Some buyers, particularly first-timers, start with multiple-family dwellings, so they'll have rental income to help with their costs. Many mortgage plans can be used for buildings with up to four units if the buyer intends to occupy one of them.
Condominiums: With a condo, you own "from the plaster in." You also own a certain percentage of the "common elements" - staircases, sidewalks, roofs, etc. Monthly charges pay your share of taxes and insurance on those elements, as well as repairs and maintenance. A homeowner's association, aka the strata council, facilitates these things.
As you look at homes, you may want to keep these resale considerations in mind:
If you see it and love it- make an offer on it! Choosing to wait might result in you losing the chance at buying your dream home. Remember that unless you have an disposable income to custom build your home exactly the way you want it, concessions will have to be made....but you'll be surprised at how easy it is to fall in love with what you have!
Contact Nyrose & Associates today at 250-258-9888 so we can help you find your dream home!