With an appreciation of what you can afford, determine your needs and wants within your home purchase price range:

• Consider your current lifestyle as well as any lifestyle changes you foresee longer term.

• Select an urban, suburban or rural location that best servers the needs of your evolving lifestyle.

•  Choose neighbourhoods in close proximity to the amenities that are most important to you like schools, shopping, entertainment, recreation and transportation.

• Consider your commute times to work, school, friends and family.

• Determine the size of home you require, such as the minimum number of bedrooms, as well as any other space requirements, like room for a home office.

• Understand the home features most important to you, such as additional bathrooms or a large yard.

• Decide on a property type that suits your lifestyle, needs and finances whether condo, townhouse, single or multi-family dwelling.