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Would a violent crime in the neighborhood affect the sale price of your home? – Feb 4, 2017

February 16, 2017

Today’s Hamilton Real Estate show is with Ashley Sidler, Sales Representative with the Golfi Team. We are in the studio with Rick Zamperin to discuss a few real estate related topics. We are talking about January Stats just in from the Hamilton Burlington Real Estate Board and how has the Go Station affected real estate numbers in our area. George O’Neill, CEO of the The Hamilton-Burlington board is expecting another double digit increase in housing prices in 2017. Median price is expected to rise abut 12% which would bring the average price of a home in Hamilton-Burlington to over half million. These stats combine the numbers for Hamilton, Burlington and surrounding areas. Also,  would a violent crime in the neighborhood affect the sale price of your home.

George O’Neill, CEO of the The Hamilton-Burlington board is saying that there are 3 reasons for this projected increase in home sales in the Hamilton-Burlington area. 1. Re-purposing of industrial lands and what the City of Hamilton is doing to attract new industry 2. The booming Health Industry in Hamilton with many hospitals expanding. 3. the prices in the GTA are still going up so Torontonians still looking in Hamilton for property. We are now members of the Toronto Real Estate Board. This gives us a huge advantage over other Hamilton agents. Toronto buyers are now able to see details of our listings on their board which makes it easier for us to sell it and gives our sellers access to a lot more buyers.

Other topics include – How do these things affect the price of your home?

  • Sex Offenders
  • Grow opps
  • Meth labs

A murder in a home will affect the price of the home in the immediate year(s) but eventually gets forgotten. Agents must disclose that there has been a murder, a grow opp or a meth lab in a home. Listen to our show below for more on this topic…

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