Wednesday, 6 November 2013

What are the parameters to determine actual value of a home?

doesn’t matter what you may know about the status of market in Canada, whether it is slow or It fastening, real estate market is always on the rise. The prices of Ajax homes are depend upon the neighborhood and block where you pick your home. For accurate picture of actual value of property, a real estate expert can help you to go for. Meanwhile, whether you want to buy a property today or trying to know about the actual value of a home in GTA, we have discussed about the helpful measures to get started. Also, you will be introduced with the best locations to buy homes in York, Durham and Toronto regions.

Best locations to acquire homes in Canada
In York Region, Kingcity and Newmarket are the well-known and famous places to find a home to live in.
In Durham, Brock and Ajax are the ideal places to find a condo to live in.
In Toronto, Stongate, Queensway, Windfields, Mimico and The Beaches are the regions to search a home.

For the assessment of real value of a home in Toronto, you can use these four parameters to uncover what deserves your home:
Location: This is one largest variable from the point of view of real estate. In this criteria, the buyers look for distance between the house and school, recreation areas and shopping centers and the availability of transport facilities from that location.

Space: Size of a home is also a biggest factor to assess the overall value of your home. No. of bedrooms, bathrooms and total area in square footage. Despite of the variation of price per square foot; the more the area, the higher will be the price.

Type: Type of property also matters on price such as condo, townhouse or semi-detached. As a general rule of thumb, the single-family detached homes are considered to be more valuable as compared to townhouses, semis and condos.

Condition: Renovations increase the value of house. If your home has modular kitchen, modern bathroom, and well-maintained living and bedrooms, the price tends to be higher.

Bottom Line
Regardless of the location, the price of the home can be determined by various other factors. Canada is really very rich nation when it comes to live with modern amenities and world-class urban lifestyle. There are some places in Canada where cost of living is really very affordable. and house for sale in Ajax

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