Real Estate Blog - lifestyle

The ABCs of Homebuying: Needs, Wants, and Finding Your Perfect Match

In the intricate world of homebuying, the distinction between needs and wants plays a pivotal role in finding your dream residence. Understanding the fundamental elements that form the core of your new dwelling versus the desirable extras can significantly impact your homebuying journey. This article aims to give an understanding into the crucial aspects of homebuying needs versus wants, highlighting the importance of striking a balance for a truly flourishing homeownership experience.

Defining Homebuying Needs

When embarking on the journey of purchasing a home, it's essential to identify your needs. These are the non-negotiable aspects that form the foundation of your new residence.

Location and Accessibility

The significance of location…

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Exploring Neighborhoods and Homes for Your Ideal Lifestyle

At RE/MAX Infinity, we understand that finding the perfect neighborhood and home goes beyond the number of bedrooms and square footage. It's about creating a future that aligns with your dreams, aspirations, and lifestyle. In this article, we'll take you on a journey through various neighborhoods, highlighting their unique features and illustrating how they can shape your everyday life. Get ready to explore and envision the possibilities that await you!

Tranquil Retreats: Suburban Oasis

Imagine living in a serene neighborhood with tree-lined streets, spacious yards, and a strong sense of community. Suburban living offers tranquility and a slower pace, making it ideal for families and those seeking peace and privacy. Discover the joys of local…

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Reasons Why Condo Living Is a Smart Investment

CONDO

Short for condominium, is a type of real estate property where individuals own a specific unit within a larger building or complex.

If you're considering an investment that combines convenience, lifestyle, and financial gain, look no further than buying a condo. In this blog post, we'll explore the top reasons why purchasing a condo can be a smart and rewarding investment.

Low-Maintenance Lifestyle

One of the greatest advantages of condo living is the freedom from maintenance hassles. Say goodbye to mowing lawns, shoveling snow, and exterior repairs—condo associations typically handle these tasks, allowing you to enjoy your downtime stress-free. Spend your weekends exploring local attractions or pursuing your hobbies, knowing that…

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Renting vs. Buying: The Pros and Cons for First-Time Homebuyers

For many Canadians, the decision to rent or buy a home is a significant financial decision. With the cost of housing on the rise, especially in urban areas, it can be challenging to decide what's right for you. In this article, we'll explore the pros and cons of renting and buying a home for first-time homebuyers and those looking to transition from renting to owning.

Pros of Renting:

1. Flexibility: Renting provides more flexibility than buying since you aren't tied down to a long-term commitment. You can easily move from one rental to another without worrying about selling a property or finding a new buyer.
2. Lower upfront costs: Renting typically requires lower upfront costs than buying. You won't need to save for a down payment or pay for…

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What Are Condo Fees?

What are condo fees, how are they calculated, and what do they cover? Condos have become the home of choice for many Canadian homebuyers, particularly first-timers, but increasingly move-up buyers as well. But many don’t understand this lifestyle option before deciding that it’s right for them.

Homeowners are drawn to condo living for a variety of reasons. It is a good option as residents age and can no longer care for a house or want to downsize. There is less maintenance and repair responsibility and more security features. But the big draw is often on-site amenities such as a swimming pool that you would not otherwise be able to afford.

Affordability is a big factor behind the relatively recent shift to condo living,…

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What’s Homesteading All About?

If you’ve checked out any shows such as Homestead Rescue, Unplugged Nation or Alaska the Last Frontier, you may be wondering, what’s homesteading and why are people choosing to live this way? The big idea behind homesteading is focusing on self-reliance, a concept that is becoming increasingly more important in today’s economy. It isn’t reserved just for people who move off the grid, either. Read on to learn about the homesteading practices you can try. 

What’s Homesteading?

While homesteading used to be a very specific lifestyle, the definition has evolved to mean different things to different people in the modern day. What they all share is a commitment to living in a self-sufficient way.

The traditional approach to…

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Retiring in Newfoundland: A Complete Guide

Choosing a place to retire is an important decision to make. You must take into account the kind of lifestyle you want to enjoy during your retirement. Some seniors like to retire in a peaceful and laid-back community, while others seek out active opportunities and thrive in an environment that enables them to explore the outdoors more. No matter what you want to do and enjoy, retiring in Newfoundland is a smart idea. 

Use this guide to help plan your retirement and to help decide where you would like to spend your retirement years.

Why Retire in Newfoundland?

Many people choose to retire in a place or country with tropical weather. Therefore, you might be curious to know why Newfoundland is gaining popularity as a retirement destination.…

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Smaller City - Good Move?

Over the course of the pandemic, homeowners have been re-evaluating what they need most out of their property. For some, this has meant packing up and downsizing to a smaller city or community for greater living space, privacy, and a more relaxed pace of life.

Both statistically and anecdotally, we’ve witnessed buyers moving to the suburbs and other rural areas over the past two years. Small towns like Squamish, Wasaga Beach, Kingston, and Collingwood have been home to some of Canada’s fastest growing populations lately, a trend largely attributed to residents moving from urban centres in search of more affordable housing, according to a report from RBC Economics.

Why have buyers been moving to smaller cities?

Right now, there are two main…

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Challenging Canadian Real Estate Market, Covid-19 Put Focus on Home Renovations

A recent RE/MAX Canada report has highlighted shifting consumer trends in Canadian real estate, driven primarily by challenging market conditions and Covid-19. The 2021 Renovation Investment Report found more than half of Canadians renovated their home for personal enjoyment, not the perceived return on investment (ROI) that was the driver behind many renovation decisions in the past. Tightening market conditions from coast to coast and the “lockdown effect” of Covid-19 were factors in the shift.

Renovation Trends in Canadian Real Estate

• Three in 10 Canadians (29 per cent) renovated for non-essential “lifestyle” reasons, such as recreation/entertainment projects.
• More than half of Canadians renovated their…

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