It’s near the end of the year, and I’ve been thinking about my future goals lately. At one point, I thought I might be settling down in Calgary and buying a house. This idea kind of excited me, since I’ve trained as an interior designer, I am naturally very passionate about home décor. I would have loved to fix up my own home, and share with you how to achieve the same look and use some of the same ideas. Well, things don’t always work out how we’ve planned, and my house dreams are far from being a reality. I’ve been dreaming of owning property again, though—wall sconces, hardwood floors, a balcony could all be mine some day. Wait, a balcony? Yes, because I’ve decided to settle down in Vancouver, a condo rather than a house will be in my future.
Unless you are really wealthy or want to live in the suburbs (no, thanks), a stand-alone house is more-or-less out of the question for most people in the Lower Mainland (Vancouver and suburbs). I’m okay with that, though—owning a house is a lot of work. I know, because my mom owns one and doesn’t have time to properly maintain it. I still want to own a place, though, a much smaller one than what my mom has. I definitely don’t want to have a yard to maintain, or too much space (more to clean).
I’m thinking that if I budget well and play my cards right, I should be able to buy a condo in the next 5 to 7 years or so. That may seem like a long time, but I want to be financially stable and have plenty of money saved up in RRSPs to be able to use on my first place. Plus, I know that I’ll be doing some amount of renovating, so I will need extra money for that. I would love a 1 bedroom place that had enough room to set up a studio, which can double as a dining room.
I know that most people have a home office as a secondary though—but I am dedicated to blogging and other creative pursuits, and use my computer all the time when I’m home. I would forgo the formal dining area and living room area—I still want a sofa and comfy place to sit, but I want to make sure my condo is focused on the studio/office area most of all.
Do you own a home, apartment or condo?
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You are so right about maintenance being a problem. We have a large farmhouse on two acres built in 1898. We spend a major portion of our time on renovation, maintenance, and cleaning. In retirement we have the house we should have had when the kids were young, We love the house, but there are times I wish we had a condo with no yard.
An 1898 farmhouse does sound lovely – I suppose for me on my own, a condo seems like a more manageable home, though it certainly wouldn't be as pretty or rewarding as having an acreage.
We have owned in the past and while we don't now, we want to in the future. Being prepared and having it all planned to how you like it is great advice!
Hi Gena, It's a dream for sure – but, I agree – it's a good idea to have it all planned, especially knowing how much it will cost. I plan on owning an older condo and fixing it up, so I imagine there will be extra renovation costs because of it.
Jaime Nicole says
I'm hoping to own in the future again…I gave up my home in my divorce to avoid a fight over the kids. But I'm saving!
My recent post New Year’s Eve Parties with Kids: Keeping Everyone Happy, Healthy, and Sane!
That's great to hear Jaime – I'm sorry to hear you had to give up your home, though.
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