3200 Dakota Common, Unit B #1014 Burlington, ON L7M 2A7
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Home Buying costs you don't know about

Posted on February 2, 2018 by Jivan Sanghera

If you are buying your first home, chances are you are stretching your savings to the max.  Depending on your situation, you may have some other initial expenses to consider:

  • Moving expenses
    Whether you’ll be hiring a moving company or renting a truck and asking friends for help, there are likely to be moving expenses.
  • Renovations or repairs
    Can renovations or repairs be delayed, or are some necessary to do immediately?
  • Condominium Fees
    Do you have to make the initial payment for these monthly fees?
  • Service connection fees
    Telephone, gas, electricity, cable TV, satellite TV, Internet, and so on, may charge service connection fees. Some utilities may ask you to pay a deposit.
  • Appliances
    Does your new homecome with appliances? Do you already have your own?
  • Gardening equipment
    Will you need to buy gardening equipment the first summer in your new home?
  • Snow-clearing equipment
    Will you need to buy snow-clearing equipment the first winter in your new home?
  • Window treatments
    Do blinds or curtains come with the house?
  • Decorating materials
    Do you want to re-paint or apply wallpaper? Do the floors need to be refinished or re-carpeted? Do you have all the tools you need for decorating?
  • Hand tools
    Do you have the basic hand tools you’ll need for your new home?
  • Dehumidifier
    Will you need a dehumidifier to control moisture levels?

Check out this short video to learn more about home buying costs that you may not know about.

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