TREVOR BARNETT

Macdonald Realty Westmar

Blog by TREVOR BARNETT

<< back to blog lists

Richmond's Westside Homes Still Affordable?

With the growth of new residential high rise towers in the central core and many new multi--family town home developments to the East, Richmond is fast running out of new Single Family lots. As building costs continue to rise and municipalities taking more of a bite from developers, it is predicted that the value of single family re-sale homes will continue to climb in the near term. New home developments in the Terra Nova  and Steveston areas are gaining in popularity as buyers look for that special community to call home. Remodeling your present home may be an option and is now one of the fastest growing segments of the building industry. Before you begin make sure you don't overspend! Although many home owners are finding out that it is cheaper to renovate than it is to move, find out which areas offer the investment returns. 

Call Trevor today for a complimentary review of your homes current market value.