For the largest purchase of your life, effort at this point can reduce a lot of wasted time and disappointment in the long run.

Begin by thinking in more detail about your current lifestyle and prioritize what you “must have” in your new home.

Here are a few things to consider:

• What is my budget for buying this home?
  
• How much of a down payment will I need?
  
• What will it cost approximately every month to own?
  
• How many bedrooms and bathrooms will I need?
  
• Is there a particular style of home that would be a good fit for me or my family?
  
• Do I need to be close to work, schools or a specific neighbourhood?
  
• Do I need to be close to public transportation?
  
• How quickly do I need this new home?
  
• Will I need to sell my current home before I buy something else?