5 Elements to Buying Common to Ontario Buyers

5 Elements to Buying Common to Ontario Buyers

Yet certain factors in buying a home can be similar for the majority of buyers. The Ontario Real Estate Association (OREA) recently conducted a survey to gauge what concerns are considered important in buying a home. 80% or more of those surveyed regarded these 5 issues as fundamental to most.

  1. Safety: This was by far at the top of the list, cited by 93%. We all want to live in an area with a low crime rate and good building security.
  2. Perceived Value: 85% named this as a critical aspect. What makes a home a good buy was based on market conditions coupled with a home’s features and amenities.
  3. Low Maintenance: mentioned by 85% of voters. People have preferred low upkeep homes for some time now. We all lead busy lives and have less time than ever before for working around the house. Costs such as condo fees are also a factor. A turnkey, move-in home is desirable today.
  4. Location Close to Amenities: 80 per cent want to be close to facilities such as shopping and transportation.
  5. Near Work: “80 per cent of Ontarians between the ages of 18 to 34 felt this to be important.
Jeannie Ripley

Jeannie Ripley

Sales Representative
CENTURY 21 Today Realty Ltd., Brokerage*
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