Homeownership can be very exciting, and it is a crucial step in your personal finance. Before purchasing a home in Canada, there are many concerns and risks we need to understand and assess. This assignment aims for students to exercise their knowledge and make financial decisions according to their circumstances. In this report, you have to list your criteria to assess your potential choices such as property type, neighborhood, safety, school, amenity, and travel distance to work. It isn’t always easy to find a property to suit all your needs. Before you decide to finalize a property, you also need to consider the costs and your affordability carefully. More importantly, you need to understand the fair value of the property. During the negotiation, we need to consider psychological factors, such as who the seller is, how many comparable listings are in the same neighborhood, and how long it has been listed. More importantly, you need to understand the fair market value range. Coming up with a reasonable offer is crucial to you. In this assignment, we can rely on a market-comparable method.

Requirement

• Qualitative research: list and assess your criteria and choose three potential listings.

• Quantitative analysis: affordability, property valuation, and price offer.

  Format:

• Single space and five pages maximum as the body of content.

• Citation Style, APA or M

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