One of the first things everyone does before they start looking to buy in the Vancouver real estate market, is to first figure out where they want to live. In Vancouver, that can be difficult because sometimes your first choice isn’t where you can actually afford to live.
Luckily, there are so many amazing areas in the city and most people get the opportunity to live where they really want to. When you start looking, there are a few key questions you can start with:
1. Your commute: do you drive or walk to work? Your proximity to work is very important for some people and can make a big difference in how much you’re able to enjoy your home and new neighborhood. I drive – and something I look forward to everyday is getting in my car and commuting through the city. Some people, on the other hand, would love to never drive at all if they can avoid it. Your employment can always change, but make sure where you choose to buy, that you’re comfortable with the type of commuting you’re signing up for.
2. Your social life: what do you love to do after work and on the weekends? Do you like to walk around your neighborhood and go for brunch? Hike? Shop? Eat some more? There is a big reason that I’m in LOVE with Kitsilano; Keith and I usually walk for dinner or for groceries after work, and being so close to amazing restaurants has been awesome for us (our lives center around food, can you tell?)
For some people in this city, being close to the mountains is important – a lot of people lately have even been making the move to Squamish (not that bad of a commute to the city, if that’s your thing). Living in an area that suits your social life and your hobbies is crucial – I always say you should try to have where you want to live fit your budget and lifestyle, rather than buying high and not enjoying your time off in your new neighbourhood.
3. Your future: what do the next few years look like for you? If you’re planning to have kids soon, then you may want to keep in mind being close to parks, daycares, and amenities. If you’re looking at a property solely as an investment, then maybe that other stuff isn’t as important! However, if it IS just an investment property – keep in mind the types of buyers who will purchase in that area. My tip? Choose an investment that’s close to transit, and any property with a view is usually a safe bet for success.
These are just a few of the key questions to ask before you start looking, but if you’re just starting out and don’t even know where to begin – call me! I can send you a short info sheet that I’ve created that makes all these steps even more clear and concise. Then, I’ll buy you a coffee and we can talk it out!