Guelph Real Estate is a great investment opportunity for investors. However, just like in any other place, it is very important that you take your time before investing any kind of money. You do not want you to be wasting your valuable time searching for properties for sale. After you have selected the perfect property and have it signed on the dotted line, work isn’t even done. There are still many things you have to do and considerations you have to make before you can call the whole thing over.
As an investor who wants to experience the real estate market across Ontario, it is crucial that you get a hold of licensed real estate agents. These agents are fully knowledgeable about the laws regarding real estate and the types of contracts that can be entered into. They are also aware of the types of properties that are for sale in the area and what each one of them has to offer you. A realtor’s services will help you find real estate agents in Guelph.
In Guelph, the real estate market is vibrant with activity especially during the holidays. At this time, people from all over come to visit, making it one of the most popular times to invest in real estate. In addition, Guelph is also home to the Toronto St. Clair International Airport which has a lot of potential buyers and investors who want to move in. With homes being constantly on sale, there is always a buyer’s market in Ontario.
In Guelph, the average price for homes is around $230.5 per square foot. This is much lower than the average price for homes in the Toronto area at around $300 per square foot. However, in the last few months, the average price for homes in Guelph has risen slightly and now stands at around $250 per square foot. This may be because of the hype that came about with the real estate market in Toronto in the last few months. However, it still remains to be seen how the prices in Guelph will fare during this spring and summer months as the hype dies down and the real estate market in Toronto begins its fall.
In addition, with more people buying homes in Guelph, many home buyers are looking for affordable homes that are close to the activities in Guelph. The Guelph region of Ontario is very easily accessible and only a short driving distance from Toronto. For instance, there are several Toronto area attractions that are just a few minutes drive away such as the Toronto airport, Toronto city hall, York University, and the Hockey Hall of Fame. With these various activities right in the midst of downtown guelph, many home buyers find that it’s far easier to commute and get to their desired destinations in Toronto.
In addition to all of this, another reason why many home buyers have been attracted to the Guelph region of Ontario, is the fact that real estate prices have remained relatively stable over the past week or so. In fact, over the past year, Guelph has actually experienced one of its lowest recorded sales prices ever! One reason why the prices have stayed steady is because there is a significant amount of new construction on the way. Developers have begun to build up their inventories to meet the demand from a Toronto and North York area that is now becoming a bustling centre for tourism and development. So, instead of having the typical detached home Toronto city lovers are craving, they’re getting what is being called town homes in the Guelph area which are usually condominiums that have been built on high levels. Condos have also been helping to drive down the price of detached homes over the past week.
So, what are you waiting for? If you’re ready to have a unique and exciting experience buying your first-time home in Toronto, then you’ve got to visit the Guelph area of Ontario. There are licensed real estate agents who can help you locate properties that will meet your needs at an affordable price. Plus, if you use the help of these real estate brokers, you’ll have someone who can explain to you all of the benefits of a town home over a detached home in Guelph.
So what are you waiting for? Stop delaying your search. Get your house plan underway now. Check out the Guelph real estate market the past week. You’ll be amazed at how much value is still available to you and how quickly the values of homes are rising in this part of northern Ontario.