Avoid These First-Time Homeowner Mistakes



Being a first-time homeowner can be one of the most exciting and stressful times of your life. Now you have a whole new set of challenges ahead.  There are a lot of opportunities to learn as you go and unfortunately mistakes will be made.

Many new homeowner mistakes can be avoided by doing some preparation. Don’t let the following newbie mistakes damper your excitement. Be proactive and plan ahead by using these tips and tricks below to help you learn the ropes of being a homeowner.

Ignoring Routine Maintenance

You likely did a walk-through with a certified home inspector, so you’re alert to what issues you’re your attention, and that can wait.  House maintenance includes many jobs you might have never considered before, like power-washing the home, cleaning the gutters, and prepping your pipes for the winter.
The easiest way to avoid costly damage is to create a quarterly or monthly maintenance schedule for all the areas of your home. You should include interior and outdoor maintenance. It’s a great idea to create a checklist.

Additional Expenses
Moving can be costly, but any longterm homeowner will let you know that there’s always more to spending for random issues just like a roofing leak or a broken washing machine. Plan for the unpredicted by putting away extra cash for emergency house needs.

Getting Locked Out
Being a new homeowner could make you more vulnerable to getting locked out. However this happens, this mistake can result in having to call a locksmith to get you back in. Have an extra key somewhere accessible.

Major Renovations After You Move In
While small renovations should be expected, major renovations should wait until you have extra cash available. Provide yourself time to live in the home, observe how it feels, and set a priority of the renovations.  


Follow these tips to help you avoid setbacks for first time home buyers. 

Are you are a new home buyer or someone searching for listings? Check out my listings with Chestnut Park West.


Mike Bolger, Sales Rep
Chestnut Park Realty Southwestern Ontario Ltd.
The Shops at Waterloo Town Square
75 King Street South, Unit 50
Waterloo, ON N2J 1P2
+1 (519) 616-2656 
https://www.mikebolger.ca/

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