Looking to buy a cottage in Lake Of Bays? Andrew can help! – Part 2

Decide what you want to buy
Nowadays, there are many different types of cottage/home in Lake Of Bays h to choose from. And there are pros and cons to each. Take a minute to reflect on your lifestyle and based on that, decide what best fits you. To help, we’ve broken down the most popular housing options here.

Decide what type of cottage/home in Lake Of Bays you want
By now, you probably have a good idea of what type of cottage/home in Lake Of Bays is right for you. To familiarize yourself with the terminology, here’s a quick overview:

Single-family detached:
As the name implies, the cottage/home in Lake Of Bays is not attached to the cottage/home in Lake Of Bays next door. Styles range from a single-story suburban bungalow, to a three-story Victorian.
Semi-detached or linked:
Two cottage/home in Lake Of Bays that share a common wall. Usually less money than a fully detached cottage/home in Lake Of Bays . Can mostly be found within the town limits of Huntsville.
Town house:
Also known as terrace or row housing. Several cottage/home in Lake Of Bays homes/cottage with a common style and joined in a row. They usually share walls on both sides. Can mostly be found within the town limits of Huntsville.

The condo alternative

How Condos are owned – A popular low maintenance option around Muskoka.
You’ll own 100% of your unit, and a share of the common areas. Common areas include the necessary plumbing, electrical systems, hallways and elevators. They may also include lots of fun stuff like a private gym or party room.

Condo fees. Membership has privileges and costs
On top of your mortgage and property taxes, condo owners also pay a monthly fee to operate and maintain the common areas. Be sure to look into condo fees, and how well they’re managed, before signing anything.

New or resale?

Resale. Previously loved
Nothing can match the charm and character of an older cottage/home in Lake Of Bays. As a bonus, the previous owner may have made improvements and upgrades and you get them with the house, usually for less than the cost of putting them in yourself. However, some may have a little too much ‘character’, like a leaky roof.

Know what you’re getting into.

Ahh… that new house smell
If you’re having a new cottage/home in Lake Of Bays built from the bottom up, carefully examine the property, the blueprints and visit other cottage/home in Lake Of Bays built by the same company. Have Andrew Bulloch and/or lawyer review everything before you sign. While your cottage/home in Lake Of Bays is being built, stay on top of the process. And remember, you have a legal right to make a full inspection of the house before you accept it as complete.

You know what you want, but let’s talk needs
Are you getting out of a two-bedroom apartment because it’s too small? Then your new cottage/home in Lake Of Bays should have at least three bedrooms, and probably a second bathroom. Andrew Bulloch call these must-have features “needs”. Features you’d like to have are called “wants”. Your strategy should be to find a cottage/home in Lake Of Bays within your price range that fulfills all or most of your ‘needs’, and as many of your ‘wants’ as possible. To help you with this, we’ve supplied you with your very own Dream cottage/home in Lake Of Bays Checklist. Dream Home Checklist