As a busy Oakville realtor, I hear from people all the time that they’re worried their children will never be able to afford to buy a home. It seems to be a common topic of discussion with home prices continually rising while requirements for down payments remain out of reach for many.


Whether you think your children will be interested in living in Oakville or another part of the GTA or would prefer to settle down in a smaller town like Guelph, the thought of buying a home as a young person just starting out can certainly seem overwhelming.

How Parents & Grandparents Can Help the Next Generation

Having the means to help your grown children or grandchildren buy real estate is a blessing and a luxury. However, before you hand over cash or sign on the dotted line, it’s important to take time to explore the best options for everyone involved. 

 

Based on current home prices it shouldn’t be surprising to hear that most young people receive some...

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After the decision is made to buy a house, many people debate about whether they should buy new or purchase an older home. If you are looking to buy a house in Oakville, you will certainly have options when it comes to the type of home you might be looking for. Interestingly, real estate stats report that the percentage of those who strongly or somewhat prefer buying a newly built home weighs in at 41%. So, for the most part, prospective home buyers still favour existing homes.

What To Consider Before Buying An Older Home

Here are some of the more popular reasons to buy an older home.

  • Old world construction. Older homes have stood for decades and tend to have genuine craftsmanship with meticulous attention to detail. You will often hear people say “they don't make them like they used to”!
  • Larger yard. Years ago, when land was cheaper, builders built on larger lot sizes.
  • More character. Interesting architectural features are more common in older homes such as arches or s...
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