If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford.

How do you figure that out?

First of all, you need to determine the initial out-of-pocket costs you will need to cover. There are often more costs associated with purchasing a home than its actual price. You need to take into account such additional expenses as moving costs, legal fees, and a home inspection, not to mention the costs of prepping your current property for sale.

Experts say you should budget 5-10% above the purchase price for these items. So if you can afford to spend $470K on a new home, you should be shopping in the $425 - $445K range.

Another factor to consider is the potential…

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I just finished uploading this Other for sale, 1434 53222 range 272 Road, Rural Parkland County, Alberta

Cozy home tucked away in a quiet cul de sac on a pie shaped lot, backing onto a dry pond. Enjoy your day in the large backyard that features a large deck and a vinyl sided shed. The home features vaulted ceilings in the living room and kitchen. The master bedroom has a 3 piece ensuite with 5' tiled shower. Master bedroom easily accommodates a king size bed. The laundry room is very large with cupboards above the washer and dryer. The kitchen finished with oak cabinets. Parkland Village is an established community with a K-6 elementary school, fire hall, rental hall, general store, gas station, parks, soccer field, baseball diamond, central pond with…

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