What does the next step in your real estate journey look like? Buying a second home might be the next smart move for you.
But before you take the leap, you’ll need to consider a few things.
- Location: You want your second home to be in the perfect location. If you’re considering a place that you haven’t spent a ton of time in, take a few trips and get a feel for what life might be like before committing to looking in the area.
- Amenities and Travel Time: While you’re scouting out locations and potential neighbourhoods, focus on what you’re close to and the time it takes to travel to your favourite places.
- End Goal: You’ll also want to get clear on what your end goal is for this second home–are you looking to build equity with it or use it to increase your cash flow?
- A Great Agent: Prioritize a local agent who knows the area and can provide the expertise you need to make the right decision on a second home. They’ll be able to guide you through the whole process and provide you with options you may not have even known about!
Are you thinking about a second home in our area?
