Mississauga Detached Homes Appeal to Buyers
There are many different property
types available on the housing market in the GTA that appeal to different
lifestyles. Owning a detached house has for many been the "dream.” The idyllic
view to property ownership is to work towards owning land with a house and a
back yard where the family can grow together. For others, semi-detached housing
and condominiums suit their lifestyles, and their budgets. While many high-rise
buildings are popping up along the city skyscapes all through Toronto and
Mississauga, detached homes for sale are still appealing to homeowners and
worth the investment.
By the end of October 2016, the average
detached house price in Toronto was $1.3 million. Moving into the 905-area
code the prices are much lower. When looking into places like Mississauga,
detached homes for sale come in just over $650,000. That’s a significant
difference moving just outside of Toronto’s city limits. Mississauga is very
accessible to the downtown core through transit systems like GO and the TTC. It
is surely feasible to work in the downtown core of Toronto while living in
"suburban” Mississauga.
It is important to partner with a
licenced real estate professional who understands the dynamic of both the
market and the community. Choosing a firm like JN Asensio can offer just that
to its clients. They can advise on realistic options that suit the demands of
your lifestyle and help to work within your budget.
The Value of a Detached Home
There are many
benefits to choosing detached homes. In Mississauga, a detached home offers
a lot of independence and freedom to homeowners.
- Offers
privacy – Detached homes are stand-alone structures built on their own
sections of land. Homeowners don’t have to worry about walking around the house
and affecting the neighbours down below, or hearing noises on either side of
the wall. You have a contained unit all to yourself and do not have to share
the space except if you choose to!
- Larger
square footage – Often, detached homes are larger than townhouses or
semi-detached homes.
- Greater
control – Detached homeowners have more control over their property and can
paint and decorate as they see fit without having to come inline with a set of
restrictions. This is not true for those living within a condo or homeowners
association who maintain these guidelines in those types of property.
- In demand– as available space starts to put a restraint on developing detached homes,
the supply and demand effect has taken hold. Condominiums are developed because
more homes are sold within a smaller amount of space. This has lead to a
substantial value increase in Toronto. Mississauga then becomes the destination
when searching for detached homes for sale.
It is important to understand what
your needs and wants are as a homeowner, and what property type suits those
needs and wants best. A detached home is most certainly an investment and
brings with it many benefits. Choosing a real estate agent with experience in
Mississauga can help you to realize your dreams of owning a detached home in
the GTA. They can point you in the direction of more reasonably priced detached
homes than found in Toronto, but with just as many benefits, just outside the
city.