What should the next home make easier?
Stairs, upkeep, isolation, cost, distance from family, driving, or an unsuitable layout.
Path two
A smaller home is not automatically a simpler decision.
Before looking at listings, decide what the next home must improve, what the whole change may cost, and which sequence you can live with.
Define the win
Write the brief before you browse.
Separate non-negotiables from preferences. This makes trade-offs visible when price, location, layout, and timing collide.
What gives life its shape?
Community, garden, pets, guests, hobbies, privacy, familiar services, or room for family.
What could matter later?
One-level living, elevator reliability, transit, accessibility, care, storage, and flexible space.
Use the whole-cost view
Sale price is only one line.
Use estimates for planning, then confirm taxes, legal obligations, financing, and advice with qualified professionals for your situation.
Selling
Preparation and repairs, legal costs, mortgage discharge or penalties, moving, and any negotiated real-estate fees.
Buying
Property transfer tax, inspection, legal costs, insurance, moving, immediate repairs, and applicable GST on some homes.
Living
Property tax, strata fees, utilities, insurance, transportation, maintenance, accessibility, and support over time.
Choose a sequence
There are three common planning patterns.
Sell first
More certainty about available funds, with a plan needed for temporary housing or a flexible completion.
Buy first
More control over the destination, with financing, carrying-cost, and timing risks to assess carefully.
Coordinate both
Potentially fewer transitions, but more dependence on market conditions, contract terms, and professional coordination.
Official BC cost check
Use current provincial information.
Reviewed July 14, 2026