Home sales are still significantly increasing for most areas over last year, but as you can see, some are making much larger gains than others. Why is that? Well let’s take West Oakville for example with it’s stunning increase in average price… This, is coming from older 50-60’s vintage homes being torn down and replaced with new homes significantly larger, on the same lot. So there are really two groups of pricing in that area, with all this renewal of properties. Pricing in this area is a combination of market forces, but also home replacement!
Understanding an area, means being plugged in to what’s happening, and knowing how it impacts you, when it`s time to sell.
Need to know more specifics about your neighbourhood? Just contact me, I have all the detail and I will guide you to make the right choices for your Property Investment!