A detached house is the style of home that most of us envision when we think of a traditional home, and it's also the type of home that most people desire. If you're looking to buy or sell a detached home in Burlington, below offers some useful information.
Burlington detached home sale prices climbed in June 2021 over the previous year, higher than even our March 2021 peak. The average selling price increased by almost 36% compared to last June. Although the number of sales and new listings have dropped, selling prices remain high for the city of Burlington.
YEAR-OVER-YEAR DATA FOR DETACHED HOMES IN BURLINGTON
Stats retrieved from TRREB
As you can see, the increase in sale prices over the previous year substantially outpaced the increase in number of sales and new listings, making this a great time for sellers.
Interested in buying a detached home in Burlington? There are a vast variety of options available for types of detached properties and which are suitable for particular individuals.
Detached 2-story homes are ideal for single families
One of the most prevalent house designs is a fully detached property with two full storeys (one up and one down, plus basement). These types of detached homes are ideal for single families. Why, you ask? The separation of public and private rooms is made easier with the addition of a second storey and It's a lot more enjoyable to experiment with space massing and scale than it is with just one level if you are the type of individual that likes to re-design and renovate your living space.
Detached Bungalows are great for the elderly
There are numerous advantages to living on one floor. One-story homes are simple to maintain because everything is on the same level, making maintenance a breeze. They're easier to manage, especially for the elderly who may be unable to properly navigate stairs. A one-story home will mean fewer chances of falls and accidents and also will allow you to safely age in place as you get older. Detached bungalows are also on the cheaper scale compared to 2-story detached homes, making it more affordable and ideal for first-time homebuyers.
Amazing Custom Builds in South Burlington
Most people desire a home that meets their tastes and needs, is energy efficient or environmentally friendly, and includes cutting-edge technology. They do, however, want a property that is close to work, shopping, dining, and entertainment. South Burlington has become a popular destination for custom builds because they are designed to various requirements, and newer homes are more energy efficient than older homes. Energy-saving features will also conserve vital resources besides saving money. You’ll also be able to avoid costly repairs or renovations, and the best part is that you get to choose where you want to build it.
The Burlington real estate market, which has become a hotspot for homeowners looking to get away from the hustle and bustle of downtown Toronto in search of larger homes, yards with swimming pools, and more breathing room. In addition, The Royal Botanical Gardens and the Art Gallery of Burlington are among the prominent attractions in the Burlington real estate market, which has been attracting purchasers for more than just its residences.
Please contact The Martin Group if you have any questions about the Burlington or Halton Region real estate market, whether you are a home buyer or seller. We can gladly assist you with any of your requirements.