MoneySense has released a report highlighting where you should buy real estate in Canada now. The report is aimed at helping guide your home buying decision and is based on three different criteria: Value, Momentum and expert insight.
For Simcoe County here are the top ten neighbourhoods:
Avg Home Price Value Momentum Final Rating
|
1 |
Angus |
Essa |
$544,707 |
81% |
78% |
★★★½ |
|
2 |
Lisle |
Adjala-Tosorontio |
$579,917 |
79% |
75% |
★★★½ |
|
3 |
Alliston |
New Tecumseth |
$568,952 |
51% |
69% |
★★★½ |
|
4 |
Lefroy |
Innisfil |
$598,738 |
61% |
83% |
★★★ |
|
5 |
Cookstown |
Innisfil |
$444,621 |
47% |
75% |
★★★ |
|
6 |
Stroud |
Innisfil |
$661,419 |
89% |
40% |
★★★ |
|
7 |
Tottenham |
New Tecumseth |
$561,365 |
25% |
92% |
★★★ |
|
8 |
Beeton |
New Tecumseth |
$156,563 |
63% |
57% |
★★★ |
|
9 |
Churchill |
Innisfil |
$850,000 |
94% |
11% |
★★½ |
|
10 |
Rosemont |
Adjala-Tosorontio |
$602,174 |
100% |
6% |
★★½ |
At the very top of the list is Angus with an average home price of $544,707, followed closely by Lisle and Alliston.
Alliston has had the most price growth and has jumped to the No. 3 spot, when last year, Alliston took the No. 16 spot. According to MoneySense “The primary reason for this rapid ascent is that the one-year price growth for this community was nearly 20% (five-year growth is just over 71%).”
Overall, it is a huge decision when purchasing a home and having the numbers and facts such as these can help you make a more informed decision. With over 70 years of combined experience in real estate in the Simcoe County area, our team can help walk you through the process of both buying and selling. We work hard for our clients to ensure they are taken care of and make an informed decision that works for them.
