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Andrew Mckay
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12 Sure Fire Signs Of Real Estate Investment & Resale Potential
12 key questions to answer before you buy a home in Wasaga Beach, Collingwood or Barrie
- Is the area’s income increasing faster than the provincial average?
- Is the area’s population growing faster than the rate of the provincial average? Wasaga Beach.
- Is the area creating jobs faster than the provincial average? Barrie.
- Does the area have more than one major employer? Barrie.
- Is the real estate booming in the surrounding region more than where you are looking?
- Will real estate values benefit from a major development nearby? Wasaga Beach’s East End
- Has the local and provincial political leadership created a growth atmosphere? Wasaga Beach & Barrie.
- Is the neighbourhood located in an area of renewal and gentrification?
- Is the region’s Economic Development Officer helpful and pro active?
- Is there a major transportation improvement occurring nearby? 2nd Go train station in Barrie.
- Is the area attractive to Baby Boomers? Collingwood and Wasaga Beach.
- Will any short term challenges such as negative publicity ( Collingwood Ethanol Plant) or layoffs, disappear?
