Timing – When do you want to move? When can you move?
The two dates will not necessarily be the same. I have too often had to be the one telling residents that they can’t move out as soon as they think they can—sometimes even after they’ve already signed a lease somewhere else. This can be a costly mistake, especially if you’ve already made arrangements with long distance movers. Be sure to review your current lease for the stated process of moving. There might be a date before which you cannot move, or a specific notice period required by your landlord. Make sure you know where you stand before you begin searching for your new home.
What does your ideal home look like?
Do you enjoy being way up high in the sky, or would you rather have the convenience of a ground-floor suite? What about a walk-up or a townhome? Your home is one of the spaces where you’ll be spending most of your time, so it’s important that it meets your needs. What’s your preference—elevators or stairs?
3. Location – Where do you want to be?
Is there a neighborhood where you feel most comfortable? Consider your commute to the places where you spend most of your time—would a certain area make that quicker or easier? Do you drive or rely on public transit? How close is the nearest transit stop? (Even if you drive, it’s good to know your options.) Where’s the closest grocery store? What kind of vibe do you enjoy in a community?
4. Size – How much space do you really need? What will you use your home for? Do you work remotely? What do you spend most of your time doing at home?
If you love cooking, look for a place with plenty of counter space, full-size appliances, and a spacious kitchen. If you’re rarely home and just need a place to sleep, a bachelor or smaller unit might be perfect—you’ll save on rent and have more money to spend on going out! If you enjoy being outdoors, consider a place with a balcony or patio.
5. Price – Notice that I didn’t start with price?
Too often, people choose a place based only on cost. While budget is important, this is your home—weigh price alongside your wants and needs. It’s crucial to know what you can afford, and I would never suggest stretching beyond your comfort zone. However, if you only focus on price, you might end up in an area you don’t love or a home that’s too small.
Once you understand what you’re looking for, it’s easier to determine what those features are worth to you. When comparing units, consider what’s included and what’s extra. One place may seem cheaper, but it could have more hidden costs. Also, don’t assume parking is included—always ask. In some places, parking can add up to 25% of the rent cost! You may also be able to adjust your budget by getting a roommate or even selling your car if you move closer to work.
6. Amenities – Always consider what you want versus what you’ll actually use.
For example, having laundry facilities in the building can save you a lot of time. A brand-new gym may look impressive, but if you never step foot in it after your first tour, is it really worth it? If your new home offers amenities, you’re paying for them—either as part of your rent or through separate charges. Be sure to ask about any associated costs and whether they’re one-time fees or ongoing expenses.
7. Goals/Length of Stay – What’s your goal with this move? Is this your first place on your own? Are you trying to save money to eventually buy a home?
Understanding your motivation will help you choose a place that aligns with your long-term plans. Also, how long do you plan to stay? Is this a short-term move for work or a more permanent home? Be extra selective if you’re planning to stay long-term—this is your home, so make sure it’s one you’ll be happy with!
8. Pet Friendly – Does your new home allow pets?
If so, are there any additional waivers or charges? Don’t forget about your furry family members when searching for your new place!
9. Kid Friendly – Does your new home allow children?
Some communities are designated as adult-only. Even if you don’t have kids now, think about your long-term plans—if you intend to stay in this home for a while, do you see yourself having children during that time? You don’t want the added stress of moving if you find out you’re expecting and your home doesn’t allow little ones.
10. Reviews.
It’s always a good idea to do an online search on the property management company, the building’s address or name, any pest issues associated with the address, and the neighborhood—especially if you’re moving from out of town. Keep in mind that a few negative reviews don’t necessarily mean it’s a bad place. Some reviews may not be verified, and one person could be posting multiple times. It’s also worth noting whether the landlord responds to reviews, as this can indicate how willing they are to address concerns when you need help as a tenant. Look for trends—if multiple people are complaining about the same issue, it might be something to investigate further during a showing or appointment.
While finding a new home can be stressful, knowing what you’re looking for before you start your search can make the process much smoother.