10 Tasks to Do Now if You Plan to Buy a Home in 2026
Buying a home is one of the biggest financial decisions you’ll ever make — and the earlier you start preparing, the smoother the journey will be.
If you’re planning to buy in 2026, a bit of groundwork today can make all the difference. These 10 simple but powerful steps will help you feel confident, stay organized, and make smart choices on your way to owning your dream home on Vancouver Island — whether that’s a rancher in Port Alberni, a condo for downsizing, or a cozy spot in a retirement community in Parksville or Qualicum Beach.
1. Connect with a RE/MAX Agent Early
Buying a home isn’t something to tackle alone. Working with an experienced RE/MAX Realtor® ensures you have a trusted guide through every step — from reviewing listings and making offers to navigating contracts and negotiations.
A local Port Alberni real estate professional understands the market, knows the neighborhoods, and can help you find homes that fit your lifestyle and budget.
2. Keep an Eye on Market Trends
Every real estate market is different. Some areas lean in favor of buyers, while others are competitive seller’s markets. Staying informed on Vancouver Island housing trends will help you make educated decisions.
Your agent can show you comparable sales in areas like Port Alberni, Parksville, or Qualicum Beach, so you know exactly what homes are selling for — and when the timing feels right to make your move.
3. Get Your Down Payment Ready
Saving for a down payment takes time, so it’s never too early to start. With home prices across Canada expected to fluctuate, this could be a great opportunity to step into the market.
If you’re a first-time homebuyer, explore the Home Buyers’ Plan (HBP) — it lets you use funds from your RRSP to buy your first home. Not quite there yet? RE/MAX offers helpful budgeting and saving tools to help you stay on track toward your goal.
4. Research Mortgage Options Now
A mortgage pre-approval is one of the smartest steps you can take. It gives you a clear picture of what you can afford and shows sellers that you’re serious about buying.
To increase your approval amount, focus on saving a larger down payment, paying down debt, or improving your credit score. By starting early, you’ll be ready to act when your dream home — maybe one of those affordable retirement homes in Port Alberni — hits the market.
5. Strengthen Your Credit Score
Your credit score plays a huge role in your mortgage approval and interest rate. The higher it is, the better your chances of getting favorable loan terms.
Start now by paying bills on time, keeping your credit card balances low, and avoiding unnecessary new credit. Even small improvements can make a big difference when you’re ready to apply for your mortgage.
6. Hold Off on Major Purchases
If you’re planning to buy a home soon, now’s not the time for big financial moves. Avoid taking on new debt — like car loans or large credit card purchases — as these can affect your debt-to-income ratio and mortgage eligibility.
Keep your finances steady until your purchase is complete to protect your mortgage pre-approval and show lenders that you’re financially stable.
7. Define Your Needs vs. Wants
Before you start house hunting, make a list of what you need versus what you want.
Do you want single-level living like a rancher home in Port Alberni for retirees? Or is low-maintenance living in a condo for downsizing more your style? Knowing your priorities helps you focus your search, avoid overspending, and make decisions you’ll feel good about long-term.
8. Choose the Right Location
Where you live matters just as much as the home itself. Think about what’s important to you — access to shopping, healthcare, recreation, or nature.
Love the outdoors? Port Alberni offers incredible trails, fishing, and golf. Looking for a slower pace? Explore retirement communities in Parksville and Qualicum Beach for peaceful, scenic living near the ocean.
Take the time to research neighborhoods so your location aligns with your lifestyle and goals.
9. Start Browsing Listings
This is where it gets exciting! Begin exploring available listings to get a feel for your price range and the types of homes you like.
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Your agent can also set up alerts so you’re among the first to know when a great home hits the market.
10. Plan for Closing & Moving Costs
When setting your home-buying budget, remember to include closing costs — things like legal fees, inspections, and land transfer taxes.
Once the deal is done, you’ll also need to plan for moving expenses, new furniture, and maybe even some upgrades to make your new space feel like home. Starting a “new home fund” now helps make those final steps less stressful later.
The Best Time to Prepare Is Now
Buying a home — especially your first or retirement home — is an incredible milestone. Whether you’re looking for an affordable place to live in Port Alberni, a retirement home near the ocean, or a comfortable Vancouver Island community, preparation is the key to a confident and successful experience.
Start taking small steps today, and when 2026 arrives, you’ll be ready to move forward with clarity and confidence.
Ready to Start Planning?
I’m here to help make your journey to homeownership simple and stress-free.
Rosanne Doiron
REALTOR®, Seniors Real Estate Specialist® (SRES®)
RE/MAX Mid-Island Realty
Call/Text: 250-735-8688
RosanneRealEstate.ca
Helping you downsize, right-size, and find the perfect place to call home.
