Avoiding Home Buyer’s Remorse

If you’re looking to make a move, a bit of planning will help you dodge the uneasy feeling of post-purchase regret.

Buying a home can be an emotional roller coaster which can cause people to make mistakes as they get swept up in all the excitement. Here are a few common buyer blunders to be aware of:

List to Last

Make a list of essential features you can’t live without. It's easy to be dazzled by amazing curb appeal or an inground pool but don’t be taken in if it lacks the essentials.

Stick to Your Budget

Buyers who overextend themselves may be forced to sell if their circumstances change so avoid temptation by only viewing homes that are in your price range.

Location, Location, Location

Choosing a location that suits your lifestyle is crucial, so determine how far you’re willing to be from public transit, shops, restaurants and other amenities.

Getting Schooled

If you’re looking to lay down roots and start a family in the next few years, it’s important to consider how close you’ll be to parks, playgrounds and local schools.

Master the Market

The home you fall in love with today could be gone tomorrow. It’s therefore important to get acquainted with the market ahead of time so you'll have the confidence to act swiftly when the home of your dreams hits the market!

Inspect the Unexpected

Having the home inspected by a professional home inspector will provide you with peace of mind as you’ll have a better idea of any potential issues.

Professional Advice

The real estate process can be an emotional roller coaster so it's important to have a knowledgeable agent by your side to help you navigate the twists and turns you’ll face along the way.

House hunting should be a fun and exciting experience but it's important to stay grounded so that you don’t jump into a long-term commitment that you may later regret.

As long as you conduct your research ahead of time and are well aware of your wants and needs, you'll be able to move forward with confidence and peace of mind.

If you ever have any questions about the Kitchener-Waterloo real estate market, please don’t hesitate to get in touch – it’d be great to hear from you!