Posted by Leif Olson on Tuesday, March 15, 2022 at 3:05 PM By Leif Olson / March 15, 2022 Comment
Have you ever wondered what...
..... the average price point is for a townhome in various neighbourhoods around Ottawa?
Well, I'm here to tell you the story.
My name is Melanie Giray with the Hamre Real Estate Team RE/MAX Affiliates in Ottawa.
Townhomes are in high demand.
They're very popular amongst first-time home buyers and even families looking to downsize.
In terms of three bedrooms, two plus bathroom townhomes with an ensuite that has sold in 2022.
The average price point for this product:
In Orleans is $710,000
In Barrhaven is $725,000
In Kanata is $740,000.
Now, what exactly is driving these price points?
Well, each one of these volume neighbourhoods in Ottawa offers its pros.
You know, in Kanata we have a booming tech industry, lots of employment opportunities.
We also have the Canadian tire center out there.
In Barrhaven. We have a lot of RCMP.
Orleans offers beautiful green space. You have Petrie Island and Mer Bleue
You can walk along the river and get a beautiful view of sunset.
Now where a consumer decides to purchase, and in which neighbourhood they decide to purchase in depends entirely on their lifestyle, what criteria matter most to them and on their personal budget.
Once again, I'm Melanie Giray with the Hamre Real Estate Team RE/MAX Affiliates in Ottawa.
For more information, please feel free to visit our website www.weknowottawa.com or you can send me a message directly.
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