Where Are You Planning to Move After Selling Your House?

If you’re contemplating putting your house on the market, you might be aware that the availability of homes for sale in Canada remains limited.  This implies that your house needs to stand out to potential buyers seeking more choices.  However, you may also be pondering how the current housing supply situation will impact your own relocation once you successfully sell.  Will you be able to find a home you wish to purchase, given the low inventory?

One factor that can assist you in finding your next home is exploring all your options, encompassing both previously occupied homes and newly constructed ones.  Let’s delve into the advantages of each.

The Pros of Newly Constructed Homes

To begin with, let’s consider the benefits of acquiring a newly built home in Canada. With a brand-new home, you’ll have the opportunity to:

  1. Craft your ideal home:  Constructing a home from the ground up allows you to choose custom features such as appliances, finishes, landscaping, layout, and more.
  2. Benefit from energy efficiency:  Opting for energy-efficient options during construction can help lower your utility costs and diminish your carbon footprint.
  3. Reduce the need for repairs:  Many builders provide a warranty, offering peace of mind regarding unexpected repairs.  Moreover, you’ll have fewer minor projects to tackle.
  4. Experience everything brand new:  Another advantage of a new home is that every element within it is brand new, making it uniquely yours from day one.
  5. Tarion warranty:  Is a type of home warranty upheld by the province of Ontario, Canada.  It is designed to protect homeowners from defects or issues that may arise with their new home within a set time frame.  The warranty covers various components of the home, including the foundation, roof, plumbing, electrical, and more.  It provides peace of mind for homeowners as they know that any major issues with their new home will be taken care of under warranty.  If any defects or issues are discovered, the homeowner can file a claim with Tarion and the warranty holder will be responsible for conducting any necessary repairs or replacements.  Ultimately, the Tarion warranty benefits homeowners by providing protection and securing their investment.


The Pros of Existing Homes Now

Let’s contrast this with the advantages of buying an existing home in Canada.  With a pre-existing home, you can:

  1. Explore a diverse array of home styles and floor plans:  With decades of homes to choose from, you’ll have a broader selection of floor plans and designs.
  2. Become part of an established neighbourhood:  Existing homes allow you to familiarize yourself with the neighbourhood, community, or traffic patterns before making a commitment.
  3. Enjoy mature trees and landscaping:  Established neighbourhoods typically boast developed landscaping and trees, providing additional privacy and curb appeal.
  4. Appreciate the charm of a lived-in space:  The character of older homes is challenging to replicate. If you value timeless craftsmanship or design elements, you may lean towards an existing home.

The decision is yours.  As you embark on your quest for the perfect home, keep in mind that you have the flexibility to choose either option – you just need to determine which features and benefits matter most to you.  As an article from The Mortgage Reports says:

“When building, you gain more freedom to tailor the design, materials, and features, but it demands more time and involvement. Conversely, buying an established home offers immediate occupancy . . . yet may require compromises. Your choice should align with your budget, timeline, customization preferences, and the local real estate landscape.”

No matter which option you choose, partnering with a local real estate agent, such as ourselves, is essential for your success throughout the entire process.  We will help you explore all your options, taking into account what matters most to you in your next home.  By working together, we can pinpoint the home that aligns perfectly with your needs.


Bottom Line

If you have any inquiries about the available options in your area, reach out to explore and discuss what aligns with your preferences.  This way, you’ll be well-prepared to take your next step with confidence.


  1. The Mortgage Reports – https://themortgagereports.com/107938/new-home-construction-process

  2. Tarion – https://www.tarion.com/homeowners/the-new-home-warranty


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