Nutana's age means a $400 to $600 home inspection is essential rather than optional, since knob and tube wiring, original plumbing stacks and foundation movement are all realistic possibilities in a house built a century ago, and a first-time buyer needs that report before removing any conditions.
The financing side still applies the same way it would anywhere in the city: a 5 percent minimum down payment to $500,000, the Home Buyers' Plan's $60,000 RRSP withdrawal, and the First Home Savings Account's $8,000 a year to a $40,000 lifetime maximum, all of which matter more on a Nutana character home that may carry a premium for its Broadway Avenue location.
Joel is licensed through the Saskatchewan Real Estate Commission and writes offers that give a first-time buyer room to walk away when a century home does not check out.