For many buyers and sellers in the Canadian real estate market, trade-offs have been incorporated into the homebuying strategy. Working with their real estate agents, families are balancing must-haves with nice-to-haves, meaning that they are prioritizing what needs to be included – internally and externally – in the home. Since this is the most significant purchasing decision they will make in their lifetimes, Canadians are engaged in a balancing act and trying to buy a residential property that best fits their lives.
Despite these realistic pursuits in the current economic climate and housing market, Canadians still possess core needs when on the homebuying hunt.
Although you might need to de-prioritize certain features and amenities, homeownership means that you can still maintain the most basic living aspects.
So, what core needs do many Canadians refuse to concede? First, let’s take a look at the findings from a new study conducted for RE/MAX.