Archive for March, 2015

Looking At Semi-Detached Homes? You Might Want To Consider Row Houses As Well

By on March 29, 2015 in Houses, Neighbourhoods with 0 Comments

Looking At Semi-Detached Homes? You Might Want To Consider Row Houses As Well Photo

“Semi-detached is fine, but we’re definitely not interested in houses that are attached on both sides.”

I hear this from clients all the time, but I always try to get them to at least consider the potential of a row house before writing it off completely.

Some buyers are more open to the idea than others.

The objections are always the same though…

Aren’t row houses narrower than semi-detached?

Not necessarily.

I’ve been in row houses that feel remarkably wide inside.

Clients of mine recently bought a row house in Leslieville, primarily because the main floor was so wide & spacious. We had already seen plenty of semi-detached homes in the area, and this row house was wider than any of them!

My clients were able to scoop it up relatively quickly and at a fair price, in part I think because it was a row house. It simply flew under the radar of the competition.

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February 2015 Market Stats: Infographic & Report

February 2015 Market Stats: Infographic & Report Photo

 

Following is TREB’s market report for February 2015:

Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 6,338 home sales through the TorontoMLS system in February 2015.

This result represented a substantial 11.3 per cent year-over-year increase compared to February 2014.

Large annual increases in transactions were noted for most major home types, in the City of Toronto and surrounding GTA regions.

“Even with the record low temperatures last month, we still saw an increase in the number of people purchasing homes in the GTA. This speaks to the importance households place on home ownership and the fact that buyers continue to view ownership housing as a quality long-term investment in which they can live,” said Mr. Etherington.

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