Listen to my latest PODCAST on this topic or read on for the print version.
Well I've had a number of inquiries recently from folks interested specifically in bungalows. Not surprising really when you consider the one level lifestyle this style of home offers - a real draw especially for the maturing homeowner.
Well I've had a number of inquiries recently from folks interested specifically in bungalows. Not surprising really when you consider the one level lifestyle this style of home offers - a real draw especially for the maturing homeowner.
This opportunity though has not been overlooked by the shrewd real estate investor either for exactly the same reason. They are seeing the desirability of this style of home in the market and speculate that this will only increase as the large baby boomer cohort matures.
So let’s take a look at what the bungalow market has to offer today, Tuesday October 23, across Durham Region.
For the purpose of the property search I did today we'll look at listings of newer properties, those under 5 years old.
Now this produced a pretty big selection for the bungalow buyer out there today with 54 homes on the market with the highest concentration being found in the E16 and E17 areas of Oshawa and the Bowmanville area.
Prices range from $219,900 for a tidy little home with a cottage feel that has lake access out in Scugog; to the mid priced $370,000's - $380,000's in Oshawa that will get you a brand new 2 bedroom, 2 bath home of just under 1900 square feet; right up to the $900,000 plus that will offer you everything from a custom built waterfront property with 2 + 2 bedrooms, 5 baths, triple car garage and a nice sized lot, to the yet-to-be-built Chateau-like home in a private enclave setting with all the upgraded finishings you'd expect at this price point.
There is no doubt the bungalow is a real draw for many. For some of the clients I've worked with it is the only home style they'll consider looking at.
Whether it's a bungalow or 2-storey, a home within a specific school boundary location or neighbourhood I'd be more than pleased to get you the detailed information on properties that match your specific requirements.
I recognize that not everyone is in the buying mode - some just like to keep tabs on the market. I have a great tool that will email these listings to you automatically as they come on the market.
So send me an email and let me know what you're looking for. Whether it's to buy or just keep abreast of the market I'll set this up for you.
As always I'd be pleased to talk with you. You can reach me at my office 905.427.6522.
Hope you have a great day.
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