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Do You Recognise The 10 Key Factors That Drive Real Estate Values Up? Part 2

Real estate values can go up or down depending on 10 major events

The final 3 factors we have no control over:

The Political Climate:
Real estate investors are looking for a business friendly environment with minimal income and property taxation. Also a fair landlord and tenant structure. A town such as Barrie that attracts new jobs and investments.

Transportation Expansion:
Improvement in transportation means more accessibility, accessibility means a growth in population and therefore more demand for real estate. This demand means increasing property values and less vacancies for landlords.

Transitional Areas:
Look for areas that are moving up from 1 economic class to the next. These areas normally have a mix of more run down properties and also a  significant number that have been fixed up. Plus a number of new build developments.
Likewise there will be a mix of older and newer more expensive cars. As the area improves the number of new cars will increase.
The key is to buy in these areas when prices are still low but the “gentrification” has started and is obviously going to continue. The less diligent investor will miss the boat and buy in these areas because of past results not potential.

Do You Recognise The 10 Key Factors That Drive Real Estate Values Up? Part 1

Do You Recognise The 10 Key Factors That Drive Real estate Values Up? Part 3

This entry was posted on Sunday, May 31st, 2009 at 5:49 pm and is filed under Investment Opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Do You Recognise The 12 Key Factors That Drive Real Estate Values Up? Part 1 | Wasaga Beach Real Estate-Wasaga Beach Homes For Sale-Wasaga Beach News said at May 31st, 2009 at 5:52 pm

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