Housing Developments and Real Estate in Guelph
Why is the impending rise of Guelph’s population and demand for more housing a hot topic for homebuyers and investors? The short answer is that homeowners and investors alike want to get their footing in the city before it booms again. The longer answer is that the amount of residential units and home developments popping in Guelph is getting people thinking about how to approach the growth of the city.
They’re thinking about the neighbourhoods they would like to purchase in, what is affordable in their budget, if they should invest in property, and of course, how to get in touch with a Guelph Real Estate Agent as these developments near completion.
Developments in Guelph
The amount of new housing developments and residential developments in Guelph are on the rise. If you look at the City of Guelph’s housing section, the amount of development projects awaiting approval is quite substantial. Of these developments, there are a fair number of condo developments and townhouse developments, followed by single-family homes. The variation in development type allows for homebuyers and property investors in Guelph to choose from a variety of living styles and pricing options.
How Can A Real Estate Agent Help?
As these property developments start hitting the market, Real Estate Agents in Guelph can help homebuyers and property investors get into these new construction developments and guide them through the process. Although there are builder’s salespeople that will get the price to sell from the builder, they will work with the builder in mind. They are there to profit the builder and it can be a risk for potential homebuyers in terms of the small details.
When you bring a Real Estate Agent into the scenario, the seller (in this case the builder) needs to pay a commission to the agent. In the sale price you receive from a builder this is already factored in. By not using an agent, you aren’t saving yourself any money, nor are you saving yourself any headache. In fact, you’re keeping money in the builder’s pockets.
Having an agent with you when you look at purchasing in a new development helps you catch the finer details like home upgrades and extras, financing rates, and finding a home inspector once the development is built. They may also have a better idea of the builders in the local area and their track record. Educating yourself and having the advice of a Real Estate Agent in Guelph area will only provide you with more information and security in the purchase of a new construction build.
Choosing a Development Style
By working with a Guelph Real Estate Agent, you will also have someone who knows the different types of development styles that are in the Guelph area. They will work with you to understand and find the right property for you.
Whether you are purchasing in a development as a first time homebuyer, a property investor, or are looking for a change in housing style, an agent can help you make your decision. Making a well-informed decision and understanding what each development type is will save you from regret or problems after your purchase. Every type of development and final product comes with its own “fine print” to understand. For example, if you purchase a townhouse, you will need to know the details associated with freehold townhomes (where you own the unit and the land) and condominium style townhomes (where you only own the unit and not the land). An agent will also have an idea about Guelph neighbourhoods and the amenities in each. They can help you find a new development in an area that complements your lifestyle.
Guelph Developments to Guelph Home Reality
If you are looking at new housing developments in Guelph or unit developments in Guelph, be sure to have the power of a Real Estate Agent on your side. Contact me, Deb Olender to be your Real Estate Agent for your home needs. I have worked in Guelph for over 18 years and have the knowledge and experience of dealing with developments and new construction homes in the Guelph community. Together, we can find you a place in a development that you will love.