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What to Consider when Buying a New GTA Home

By Robert Vadra Subscribe to RSS | August 7th 2012 | Views:

Homebuyers have different ideas about what makes a new home the perfect home for them. For do-it-yourselfers, fixer uppers are dreams come true. Others will only consider GTA homes in turnkey condition. Some prefer to hire a custom home builder and start from scratch. No matter which type of home is perfect for you, there are some universal considerations when buying new homes in the Toronto areaincluding community, neighbourhood and lifestyle, and monthly expenses.

Community Considerations

Whether you're looking for a fixer upper, an existing home, or a custom home builder, you first need to fall in love with a community. Before looking at specific GTA homes, spend some time touring Toronto communities such as Mount Albert, Caledon, Stouffville, and Newmarket and imagine yourself living in each one. Is the community within a reasonable driving distance to your work? Does it have the amenities or charm you seek? If you have children, do the schools meet your standards?

Neighbourhood and Lifestyle Considerations

Once you find a community or two that you can see yourself living in, dig deeper and tour its neighbourhoods. Do you want to live close to the action or away from it? Do you prefer a neighbourhood with young and growing families or would you prefer an area popular with retirees? Do you crave wide open spaces? Is being close to public transportation important?

Budgetary Considerations

Now that you have a better idea of the specific neighbourhoods that you'd enjoy living in, find out what typical tax and utility bills look like. In addition, does the neighbourhood have a homeowner's association you must join, and if so, how much will it cost you each month?

Another budgetary consideration involves home renovation tax credits, new housing rebates, and grants and incentives offered by various governmental agencies. These incentives may prompt you to look at GTA homes with renovation in mind or may offset some of the costs involved in buying a home from a custom home builder.

Finding a neighbourhood that matches your lifestyle and budget is one of the most important considerations when buying a new home. From there, you can search for existing or new homes in Toronto neighbourhoods you've targeted or meet with a custom home builder to discuss the next step.

Oxford Homes is a custom home builder with projects that include new homes in Caledon, Newmarket, Stouffville, and Mount Albert. Homes are currently available in various phases. Whether you want to move in right away or want to be involved in selecting the lot and customizing the home to your specifications, you're sure to fall in love with these neighbourhoods of new homes in Toronto.

Connect with GTA new home builder on Facebook and learn more about Stouffville homes, Newmarket homes, and other GTA housing developments.

Robert Vadra - About Author:
Oxford Homes Canada builds new homes in Newmarket, Caledon and Mount Albert in Ontario. As a custom home builder, they work with both first-time homeowners and experienced buyers to make dream homes come to life. Visit their website at to learn more about this new homes builder and inquire about new homes in Toronto and the GTA.

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