One of today’s homes is absolutely lovely, but it’s surrounded by land that might be developed in Milton Heights. I think the premium for being close to town should not be underestimated, but I really can’t stand unknown variables when buying something worth 3/4 of a million dollars. 🙂
And then the old parts of town bring some heat, including 1/3 of an acre right in town (with a pool) for $574k, and a renovated bungalow with a wall blown out to create an open concept main floor at only $469k. And it’s on a very respectable 50 x 120 foot lot. Finally, at the end of the video I’ll talk about building permits and why there could be a tight squeeze on the resale market because of the lack of new construction to meet the demand. Good news or bad news? Watch the video to find out.