Whether you’re a first-time buyer with no knowledge of the market or you’ve been through the home buying process before, finding your perfect home can be both stressful and exciting. Buying a house in Airdrie can be a daunting task, but with the right information and advice, it can also be a very rewarding experience.

You’ll want to know what to expect throughout the entire process including what kind of financing to look for, and the steps you need to take in order to make an offer that the seller can’t refuse.

So, continue reading for our guide on buying a house in Airdrie, Alberta!


Learn About the Airdrie Housing Market

The best way to ensure a smooth home buying process is to do your research first. Start by learning about the housing market in Airdrie. What are the average prices of homes in different neighbourhoods? What’s the current demand like? How long do properties typically stay on the market?

With these questions answered, you’ll have a good idea of what you can afford and be better prepared when it comes time to make an offer. You’ll also be more strategic when it comes to your search, knowing which neighbourhoods have the most potential.


Prepare to Sell Your Home (If You Have One)

If you’re already a homeowner, chances are you’ll need to sell your home before buying another. It’s important to start preparing for this well in advance to ensure a smooth transition.

The best way to get started is by getting an estimate of your home’s value. This will give you a good idea of what you can expect to receive for your home. You can then use this information to create a realistic budget and timeline for buying your next home.


Get Pre-Approved for a Mortgage

One of the most important things you can do when buying a house is to get pre-approved for a mortgage. This will show the seller that you’re serious about buying and give you an idea of how much money you can borrow.

There are a number of different types of mortgages available, so it’s important to speak with a qualified mortgage broker to find the best option for you. Once this is done, you can start house hunting with a much better idea of your budget.

If you decide to finance your house purchase with an alternative lender such as a credit union or private lender, it’s important to know that the rates and terms may be different than those offered by banks. It’s always a good idea to compare rates before you sign any paperwork.


Find an Airdrie Real Estate Agent

When buying a house in Airdrie, it’s always best to have a real estate agent on your side. They can provide expert advice and help you navigate through the complex process.

An experienced Airdrie real estate agent will know the market well and be able to help you find your dream home, even in a competitive market. They’ll also be able to help you with the negotiation process and make sure that you get the best deal possible.


Search for Your Perfect Home

Now that you know what you’re looking for and what you can afford, it’s time to start house hunting! This can be an exciting process, but it’s important to stay realistic. Don’t fall in love with a property that’s out of your price range – you’ll only be disappointed in the end.

Keep an open mind while searching and be prepared to compromise on some things. For example, if you’re not too picky about the size of the property, you may want to consider looking at townhomes or condos.

To get a better sense of what you want to have in your future home, make a list of your must-haves and nice-to-haves. This will help you stay focused while browsing properties.

Some things to define on your lists might be:

  • number of bedrooms/bathrooms
  • square footage
  • the type of property (house, townhome, condo, etc.)
  • the neighbourhood
  • budget
  • age of the home



Make an Offer

Once you’ve found the perfect property, it’s time to make an offer. This can be a nerve-wracking process, but with the help of your real estate agent, it can be a lot smoother.

Your offer should be based on the current market value of the property, not on what you’re willing to pay. Keep in mind that the seller may have other offers, so make sure your offer is realistic and reasonable.

If your offer is accepted, congratulations! You’ve just bought a house in Airdrie. If it’s rejected, don’t give up – you can always make a higher offer. Your real estate agent will be a valuable resource during this process.


Get a Home Inspection

Before buying a house, it’s important to have a home inspection done. This will ensure that the property is in good condition and there are no major repairs that need to be done.

If any repairs are needed, you can negotiate with the seller to have them fixed before buying the property. This is a common process and can help you save money in the long run.


Sign the Paperwork

Once you complete your offer, the next step is to sign the paperwork. This will include the purchase agreement, mortgage documents, and any other legal papers. Make sure you read through everything carefully and ask your real estate agent or lawyer if you have any questions.

Your contract will be sent off to the lawyer who will review it and ensure that everything is in order. Once everything is approved, you’ll be ready to close on your new home!


Close on Your Property

Once all of the paperwork has been signed and the repairs have been made, it’s time to finalize the details and close on your new home. This process usually takes about 30 days, but it can vary depending on the situation.

During this time, you’ll need to finalize your mortgage and set up a closing date with the lawyer. You’ll also need to schedule a moving date and make sure that your belongings are packed and ready to go!

Closing on a house can be a bit of a hassle, but with the help of your real estate agent and lawyer, it’ll be a breeze.



Move into Your New Home

This is the best part – finally being able to move into your new home! Make sure you have all of your belongings packed and ready to go on moving day. Although it’ll take a lot of work, there are ways to make the process easier.

For example, you could hire the best Airdrie movers around – Sparta Movers! We have years of experience in the moving industry and we’re dedicated to providing the best service possible.

Plus, we offer a wide range of services such as packing, unpacking, and storage. We’ll take care of everything so you can relax and enjoy your new home!


Enjoy Your New Home in Airdrie!

After all of the paperwork is done and you’ve closed on your new home, it’s time to relax and enjoy your new surroundings. Airdrie is a great place to live and there are plenty of things to do in the area.

Welcome to your new home!


Other House Buying Tips

Buying a house isn’t always easy, but with the right tips and advice, it can be a lot smoother. Here are some other tips to keep in mind while buying a house in Airdrie:

  • If you’re buying a house with a partner, make sure to have a solid agreement in place. This will avoid any misunderstandings down the road.
  • Have a realistic budget and stick to it. You don’t want to be house poor after buying your new home.
  • Don’t forget about the closing costs – there may be additional fees that you need to pay, so make sure to budget for them.
  • Talk to your lender about the different types of mortgages available. There are a variety of options, so you’ll want to find the best one for you.
  • If renovations are in your future, make sure you have a budget for that as well. It can be costly to remodel a house, so make sure you’re prepared.

What did you think of our buying a house in Airdrie guide? Do you have any questions that we didn’t cover? Let us know in the comments below!