When to Increase your Budget when Shopping for a Home

When you set a budget for a new home, you’re obviously hoping — maybe even expecting — to find the ideal property within that price range.

But, it doesn’t always work out that way.

In fact, there are many circumstances in which you might have to rethink your budget and possibly even increase it, to get the home you want.

For example, you might find that properties in neighbourhoods you’re targeting are selling for more than you expected. In that circumstance, you might have to look for a home in a different area, or see if you can bump up your budget.

Another scenario that often comes up is changing wish lists. You may view a few homes for sale and realize that a particular feature is more important to you than you initially thought. For example, you might have budgeted for a three-bedroom home, but once you’ve seen a few properties with four, you think, “Okay, we definitely want four bedrooms!” That might result in a budget bump.

Finally, you might find that you view a property and fall in love with the place. It’s perfect. It has everything you need. You’ve got to have that home! But, its price is outside your budget.

In that case, you’ll need to weigh paying a bit more against getting a home that will have a significant and positive impact on your lifestyle and happiness.

As you can see, there’s a lot to consider when shopping for a home and trying to stay within a budget.

2480 Properties
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$799,900
Neighbourhood: Mount Pleasant
3
Beds
2F11/2
Baths
1,635
Sq.Ft.
2023
Year Built
1
Day on Site
A2034941
MLS®
Pre construction Sale Alert: Modern Architectural Design in the heart of the beautiful community of Mount pleasant with affordability in mind. The Main Level is 10 Foot while Basement and Upper...
$600,000
Neighbourhood: Cityscape
4
Beds
3F11/2
Baths
1,829
Sq.Ft.
2017
Year Built
2
Days on Site
A2034844
MLS®
Welcome to This double front attached garage two-and-a-half story house with a fully finished basement in the desirable community of CITYSCAPE. When you enter the main floor, it has a 9" ceiling...
$375,000
Neighbourhood: Chinatown
2
Beds
2
Baths
1,047
Sq.Ft.
2001
Year Built
2
Days on Site
A2030263
MLS®
Walk to river & park! This central air conditioned corner 2 bedrooms unit has heated underground parking, floor to ceiling glass window and is centrally located in Chinatown. Tile in the bathrooms,...
$449,800
Neighbourhood: Southview
4
Beds
2
Baths
996
Sq.Ft.
1966
Year Built
2
Days on Site
A2034257
MLS®
Looking to buy in one of Calgary's up and coming areas? Look no further ! This stunning bungalow sits on a spacious 50 x 115 lot with an oversized double detached garage in the heart of Southview. On...
$1,399,900
Neighbourhood: Spruce Cliff
4
Beds
4F11/2
Baths
2,601
Sq.Ft.
2023
Year Built
2
Days on Site
A2025592
MLS®
Anyone for a little NYC in YYC? If you're looking for a BRAND NEW inner-city INFILL offering both SIZE + LUXURY, you have just found it! This massive BROWNSTONE-INSPIRED DETACHED HOME will steal...
$524,900
Neighbourhood: Canyon Meadows
4
Beds
1F11/2
Baths
1,106
Sq.Ft.
1972
Year Built
2
Days on Site
A2034171
MLS®
Massive CORNER LOT. Across from a GREEN SPACE. DOUBLE DETACHED GARAGE. This very WELL MAINTAINED 4 LEVEL SPLIT has over 1900 SQFT of FINISHED LIVING SPACE. There is incredible future potential with...
Open 3/26
1602 Crescent Rd NW Calgary,  AB T2M 4B2
$999,900
Neighbourhood: Rosedale
5
Beds
2
Baths
1,649
Sq.Ft.
1948
Year Built
2
Days on Site
A2034318
MLS®
OPEN HOUSE SAT & SUN 130-430. RENOVATED 1650 SQ ft bungalow featuring SIX bedrooms, TWO full baths, DEVELOPED basement & DOUBLE garage on a sunny SW corner lot. This amazing home had the basement...
$519,900
Neighbourhood: Crestmont
2
Beds
2F11/2
Baths
1,343
Sq.Ft.
2020
Year Built
2
Days on Site
A2034556
MLS®
Fantastic CORNER UNIT townhouse located at Crestmont! Side by side DOUBLE GARAGE, The main level completes with exquisite color pallet and features an open concept comprised of Living room, Kitchen...
$689,900
Neighbourhood: Cambrian Heights
3
Beds
2
Baths
1,129
Sq.Ft.
1958
Year Built
2
Days on Site
A2033439
MLS®
OPEN HOUSE SATURDAY, MARCH 25TH FROM 1PM-4PM! HOME SWEET HOME!! Welcome to this well maintained RENOVATED 3-bedroom 2-bathroom WALKOUT BUNGALOW located in the sought after NW community of Cambrian...
$194,500
Neighbourhood: Penbrooke Meadows
2
Beds
2
Baths
822
Sq.Ft.
2010
Year Built
2
Days on Site
A2034386
MLS®
Bright, spacious 2 bedroom, 2 bathroom condo unit located on the top floor of the Bella Casa Complex. Features 9-foot ceilings and an open layout. The kitchen has lovely maple cabinets and raised...
$250,000
Neighbourhood: Marlborough Park
3
Beds
1F11/2
Baths
1,134
Sq.Ft.
1976
Year Built
2
Days on Site
A2034733
MLS®
Fantastic renovated townhouse just minutes from multiple schools, parks, numerous amenities with transit conveniently located just steps away. Spacious front foyer preludes the large living room...
Open 3/26
81 White Oak Crescent SW Calgary,  AB T3C3J9
$829,900
Neighbourhood: Wildwood
5
Beds
2
Baths
1,019
Sq.Ft.
1957
Year Built
2
Days on Site
A2033947
MLS®
**OPEN HOUSE: Sunday March 26 1-4pm** This is 81 White Oak Cres - back online and the BEST it's ever been!! A rare opportunity to own a 5 Bed/2 Bath home on an incredible elevated corner lot with...

Phone(403) 270-7601

Email[email protected]

Address Ray Riley
#115 8820 Blackfoot Trail SE
Calgary, AB T2J 3J1

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