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.

2621 Properties
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Open 12/4
7626 24 St SE Calgary, AB T2C0Y8
$365,000
Neighbourhood: Ogden
3
Beds
2F11/2
Baths
999
Sq.Ft.
1971
Year Built
1
Day on Site
A2014345
MLS®
**OPEN HOUSE: SAT & SUN, DEC 3 & 4: 12 PM - 3 PM** TASTEFULLY RENOVATED | NO CONDO FEES | OPEN FLOOR PLAN | READY TO MOVE | Welcome to this one-of-a-kind renovated home in the well established...
$528,800
Neighbourhood: Spruce Cliff
2
Beds
2
Baths
1,610
Sq.Ft.
2010
Year Built
1
Day on Site
A2013586
MLS®
**Welcome to the OVATION building** This luxurious 2-storey 1600 sq ft living space with unobstructed views of the downtown skyline and Shaganappi golf course is truly spectacular and must be viewed...
$285,000
Neighbourhood: Beltline
2
Beds
2
Baths
783
Sq.Ft.
1996
Year Built
1
Day on Site
A2014095
MLS®
Super rare 10' ceilings in this TOP FLOOR condo! Incredible natural light with SW corner exposure! Perfect location in the Beltline on a quiet street beside a park & tennis court but still in walking...
$399,000
Neighbourhood: Nolan Hill
2
Beds
2F11/2
Baths
1,270
Sq.Ft.
2015
Year Built
1
Day on Site
A2014285
MLS®
A gorgeous 2 bedroom, 2.5 bathroom end unit townhome with an attached garage in the desirable community of Nolan Hill. Bright and spacious, this south-facing unit is doused in natural light...
$423,600
Neighbourhood: Evergreen
3
Beds
2F11/2
Baths
1,350
Sq.Ft.
2006
Year Built
1
Day on Site
A2013011
MLS®
This perfectly maintained 3 Bed / 2.5 bath home in the well-sought community of Evergreen (Calgary) is the definition of
pride of homeownership. The Roof and the Sidinings were replaced in 2021....
$569,000
Neighbourhood: Cornerstone
3
Beds
2F11/2
Baths
1,560
Sq.Ft.
2022
Year Built
1
Day on Site
A2014221
MLS®
Brand New, NEVER occupied single, family DETACHED home built by Shane Homes (Sienna Model), located in one of the prestigious communities of NE, Calgary, Cornerstone. This highly upgraded home is...
$499,999
Neighbourhood: Beltline
2
Beds
2
Baths
900
Sq.Ft.
2010
Year Built
1
Day on Site
A2014208
MLS®
Do not miss out on this fantastic opportunity to own one of the most sought-after 2 bedroom / 2 bathroom corner units in the highly desirable NUERA building. Situated high up on the 22nd floor, this...
$294,900
Neighbourhood: Rocky Ridge
1
Beds
1
Baths
709
Sq.Ft.
2005
Year Built
1
Day on Site
A2014188
MLS®
MODERN SOPHISTICATION in the established Community of Rocky Ridge - This condo has been professionally renovated from top to bottom and is a SHOW-STOPPER! The front porch is where the magic begins-...
$235,000
Neighbourhood: Haysboro
1
Beds
1
Baths
697
Sq.Ft.
2010
Year Built
1
Day on Site
A2014332
MLS®
ATTENTION INVESTORS & FIRST-TIME BUYERS! This 1 Bed / 1 Bath suite is the perfect opportunity to buy into Calgary's booming real estate market in the ideal location for an excellent price. Located...
$260,000
Neighbourhood: Somerset
2
Beds
2
Baths
966
Sq.Ft.
2001
Year Built
1
Day on Site
A2013699
MLS®
Welcome to your 2nd floor CORNER Unit condo at Somerset Crossing, a really short walk to the C-train, YMCA, Library, schools, restaurants and so much more shopping! This LARGE apartment offers 2...
$309,900
Neighbourhood: Bridgeland/Riverside
2
Beds
2
Baths
875
Sq.Ft.
2004
Year Built
1
Day on Site
A2014356
MLS®
IMMACULATE 2 bed, 2 bath SW exposure corner unit with HEATED UNDERGROUND separate parking stall. Features include, kitchen with MAPLE CABINETS, loads of good counterspace, stainless steel dishwasher,...
Open 12/10
18 Tararidge Close NE Calgary, AB T3J 2P7
$399,000
Neighbourhood: Taradale
4
Beds
2
Baths
971
Sq.Ft.
1984
Year Built
1
Day on Site
A2014236
MLS®
FULLY RENOVATED 4 Level Split home in the area of Taradale. This 4 bedrooms and 2 baths home has been fully renovated from floor to ceiling. Upon entering the home, you will be greeted with a large...

Phone(403) 270-7601

Email[email protected]

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

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