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Location, Location, Location to and from your work. (See the Home Hunting Worksheet following page 6.) Your choice of location depends primarily on where you work and whether you want to commute, and There are many other factors you should consid- er when choosing the location of your home. For example, have property values risen or fallen in the also on your family lifestyle. Do you want to live near recreation facilities such as a golf course or skating rink? How close are your children’s schools? Is public transportation available? neighbourhood? Future development can also affect property values and property taxes, so you’ll want to consider whether there are any changes to zoning pro- posed or any major developments planned. To do this, contact the local municipal office re- garding planning and zoning bylaws. Is a highrise office tower going in next to your home? A new highway? Zoning bylaws may also affect your own plans, such as conducting a business from your Location is an investment too. Urban living usually offers the largest range of home styles and often is closer to amenities such as restau- rants and theatres. On the other hand, you may get more for your money in the suburbs. Suburban homes often have larger lots and larger square footage than urban homes in the same price range. While suburban homes can have the advantage of being newer, amenities like shopping or play- grounds may not be available yet in a new subdivision. home. Some real estate representatives suggest that, if you’re considering the future resale value of your home, it’s wiser to buy a modest home in the best neighbourhood you can afford than the most expen- sive home in a modest neighbourhood. If you’re considering moving to an unfamiliar neighbourhood, take time to drive or walk around it, both during the day and in the evening. Make some notes. It’s also a good idea to travel the route

How close to home are the services you need?

FIRE DEPARTMENT

WORK

SHOPPING

POLICE DEPARTMENT

2.5 km

HOSPITAL

SCHOOLS/ PL ACES OF WORSHIP

5 km

TRANSPORTATION

7.5 km

DOCTOR/DENTIST

10 km

RECREATION

STEP 1

  • HOUSING NEEDS

5

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