According to national housing experts, solo buyers represent one of the most active segments of the Canadian home buying market. These buyers must believe positives out weigh negatives when it comes to real estate.

Buying a home alone can be both a daunting task and an exhilarating achievement. Being responsible for all the decisions involved in the purchase may be intimidating. On the other hand, knowing you are responsible for the smart buy and the good deal can be very satisfying.

This diverse group of individuals approaches home ownership from a number of different directionsthe exciting journey from the family home and toward independence, the rocky pathway of dissolving relationships and the jarring route back after the death of a spouse. Some solo buyers are interested in giving themselves and their business more space and stability. Other buyers plan to start a business once they are settled in their new home. A growing number expect to rent out a portion of their home to cover costs, reduce isolation, receive the tax breaks and get help with maintenance.

Whatever the reason for buying alone, the solo buyer is a determined consumer. Without a spouse to fall back on when making choices, these buyers are more likely to do their homework to ensure they make confident, informed decisions.

Solo buying does not mean going through the transaction alone. Family, friends, neighbours or business associates can reinforce professional advisors. Good financial advice ensures the home and any financing arranged are integrated into the individual's full financial picture to create a sound investment.

Those prepared to face the challenge of learning how to invest wisely and well in their home will be rewarded in many waysnot the least by a boost to their self-esteem and self-confidence. Resources abound: