What to Buy
What Should You Buy?
Before you start searching for a home, you need to think about your needs both now and in the future. Here are some things to consider:
• Size requirements. Do you need several bedrooms, more than one bathroom, space for a home office, a two-car garage?
• Special features. Do you want air conditioning, storage or hobby space, a fireplace, a swimming pool? Do you have family members with special needs? Do you want special features to save energy, enhance indoor air quality and reduce environmental impact?
• Lifestyles and stages. Do you plan to have children? Do you have teenagers who will be moving away soon? Are you close to retirement? Will you need a home that can accommodate different stages of life?
Try to buy a home that meets most of your needs for the next 5 to 10 years, or find a home that can grow and change with your needs.
Choosing a Location That Is Right for You
Even if the home you choose has everything you need, the location might not be appropriate. When deciding where to live, you should consider:
• Whether you want to live in a city, a town or in the countryside
• Where you work, how easy it will be to get there and the commuting costs
• Where your children will attend school and how they will get there
• Whether you need a safe walking area or recreational facilities such as a park nearby
• How close you would like to be to family and friends
Deciding on the Type of Home to Buy
There are many types of homes to choose from and each has its advantages and disadvantages. Think about your needs before making a decision. Don’t forget to look beyond the walls. The environment surrounding your home can be almost as important as the environment inside of it.
Single-family Detached
A home containing one dwelling unit, that stands alone and sits on its own lot thereby offering a greater degree of privacy.
Semi-detached
A single-family home that is joined to another one by a common wall. It can offer many of the advantages of a single-family detached home and is usually less expensive to buy and maintain.
Duplex
Two single-family homes located one above the other in a building. Often, the owner lives in one unit and rents the other.
Row House or Townhouse
Many similar single-family homes, side-by-side, separated by common walls. They can be freehold, condominiums, or rental units. They offer less privacy than a single-family detached home but still provide a separate outdoor space. These homes can cost less to buy and maintain — but they can also be large, luxury units.
Stacked Townhouse
Usually consists of two-storey homes stacked one on top of the other in a row of four or more homes. The units may have more than one level. All units have direct access from the outside.
Link or Carriage Home
Houses joined by garages or carports which provide access to the front and back yards. Builders sometimes join basement walls so that link houses appear to be single-family homes on small lots. These houses can be less expensive than single-family detached homes.
Manufactured Home
A factory-built single-family home that is transported to your chosen location and placed on a foundation. The term manufactured home has replaced the term “mobile home.”
Modular Home
Also a factory-built single-family home constructed in compliance with local building codes. The home is typically shipped to a location in two or more sections and placed on a foundation.
Condominium
A condominium is a form of ownership, not a type of construction. Condominiums can be high-rise residential buildings, townhouse complexes, individual houses and low-rise residential buildings. Condominiums are known as stratas in British Columbia.
