Think long term

Whether you are considering a divided or undivided condo, a townhouse, a semi?detached, a single-family dwelling or an income property, all have their advantages and disadvantages. When making your choice, you must take into account several factors, including the amount to be invested, personal tastes, the time you want to spend maintaining the yard and the house, and the importance of privacy and lifestyle.

Other than financial aspects such as taxes, the location of the property is probably the most important factor. Your agent will tell you this repeatedly. Do some investigating. Talk to neighbours. Study the surroundings for green spaces, noise, road maintenance, etc.

So you have found your little nest that promises happiness, peace and security. Now what? First, consult the municipality's urban planning program. This document does not guarantee a totally problem-free future, but it will minimize the risk of one day finding yourselves looking out on a major thoroughfare or behind an industrial park.