HE Rear Estate

PLANNING IS CRUCIAL

Put emotion aside |
when house buying|

“REAL “ESTATE bidding
“contests ~- which drove
house prices through the

-Ceiting last spring’and sum-,

_ mer — scem to be a thing of
the past. Atleast for now,

* Present market conditions
‘have cooled to .a. more
“temperate. level, and prices
*-are a touch softer.than they.
" WELe, © ‘Interest ‘rates, - too,
“have ‘come down,: and may.
drop even lower. Plus there’s
‘a good supply of mortgage ~
~ Money available from mast:
ylenders. he
_ This all adds up to a fine’

“Opportunity for homebuyers” -
. much of a down payment

— and especially for the first
ti mers. a

CHECK ENTHUSIASM’

ut before’ rushing out on
a‘house hunting expedition,»
try -and: keep -your .,en-_
thusiasm.in check — for the
moment. House buying calls
for: some” very. cook headed

Mortgage. payments.
that's not. ail. ;
property. taxes: to ‘be paid. :

several ways — like keeping
you on the right path and
preventing you from getting
in aver your head. It will

-also help you clear all of the

emotion from the purchase
decision.

Why is that important?
Well, homebuying can be a
highly charged , emotional.

Jexperience,— if you're not

careful. And the _ trouble
with emotion is that it tends

‘to cloud an otherwise. ra-,,

tional decision. 2
In < planning, ‘there are

“three key areas to. be taken ©

into account: The amount
you can afford to pay; the
location; . and. the features
you want.

‘Affordability means how

you” have, and how much:
you can afford in monthly
But.
There : are

Utilities as well:-Then there's .
maintenance and upkeep.

‘RENOVATION ¢ Costs |

‘And if you go for'a an n older
home, there may be renova. »

tion costs — which. can™ “be

very expensive ‘indeed.
At: the’ ‘furnace: is hearing :

séctio of the’ Friday Newis feature a
pp of North and Wes Mancouver and it makes.

) are clearly vumbered, to 35 fom ;
eep. Cove. . : .

oughout Homes section’ ‘mai include,
aber of ‘their location -

1 ‘Hoiises ‘including price range and’ the page

(} plete a

Prepare yor

e isted beneath the maj

the map and the’ list ore F "opens. make

® Use the Zone Number that appears ‘on: “advertised pr
in the Homes’ section. Make'a' list of any other

me zone that’ are,

its last gasp, and if the roof
is about to spring a. Icak,
“that means more money, So
all of these costs should be
factored into: “‘affordabili-
ty" before you make any
kind of commitment to buy:

Also related to what you
can afford is the location of

. the house. This will have a

uirect bearing on how much
you ultimately pay. Here

you must.balance the conve-.

_nience factor against cost.”
Usually you can get more

‘house for. your money by.

moving to the suburbs. , But
the saving could well be off-

_ set.in the form of conve-. §
“nience — to say‘nothing of ~
travel time and expense. Sof

consider that’. as; wells
Deciding on location howev-

cr, -is generally the fasics!

. “part.

-each time you. inspect: a

“house . simply tick off: its’
dl features against your list. ».

: : Moneycare is general - fi- ;

nancial advice by Canada's

chartered accountants. John. ; §

is with . ‘National

Lastly, what features do —

, you want in your. house? {t's
best to make a-check list.be-” ff
fore you .§9 Jooking. Then’ “|

(Asking $89,900, ¢

pee g

45 - Friday, Apeil 1,

PACIFIC REAL ESTATE LTO.
.#203-250 15th Street: 7
West Vancouver. -

You too will believe Vancouver is a gem among cities ‘when you see the
view from this gorgeous Cauilfeild home. Even the stiower, has a view.

5024 PINTREE CRES.

_SUPER HOME!
_ SUPER CANYON HEIGHTS |

BUY! :

' ° Finished: &' Open: for -your Jngpection.. ae
Poskit design built by J.W. Janzen. 2200
sf. 3.bedrooms & den with vaulted ceil-

. jags, sunken living room & lots of extras
"> to dazzle you,

_ THE BEST UNDER ‘$130,000!
FIRST TIME BUYER?
- RETIRED COUPLE? °

’ Consider this beautifully, & tolally.reno-

“vated 2 of 3 bdrm, .1360 sq.ft, hone that

: Oflets something different. Large firepiace, .
2 tull baths, skylites & a private, fenced
.. low - maintenance . yard.- Asking « onl

. $128,900. 1822 Garden Ave.

4300 CAPILANO ROAD

PRICE $249,000 ..

You. SNOOZE E YOU.

+ LOOSE!

‘Don miss this great Deep Cove hom
000 $:1.7°4 bedrooms, 2 baths and you'll
love the” “solarium! ”:

PREST 1GiOUS W.YAN LOCATION

‘>. Your choice. Plans are being done for 2

* quality homes ‘of 2700 and 3000 sq.

". Both homes will feature 4 bdrms., 3 baths,

.. 2 fireplaces, shake rools, 2x6, construc: ‘
“tion and extensive quality finishes: Now
is. the time to: customize! - Asking ue

$374,000 and $389,000 - oo
. NEXT TO TIDLEY COVE &
’” LIGHTHOUSE PARK || ff

. 6 appl's.; oak kitchen & tile floors

parking. Fabulous rec centre with
#24-3960 Canada Way.

RALPH .

_BENNETSEN:

980-9640

“y0Ha - North Shore News,