- March 5, 2016
- Inspiration, Listings, News
- No Comments
I grew up in the North End of St. Catharines, and I really think it is great spot to establish roots and raise a family for many reasons. Firstly, the price point is reasonable! You can actually buy 3 bedroom semi-detached homes and townhomes for well under $200,000. And for $200,000 – $250,000 there are solid bungalows and side splits, often with a garage and brick exterior. Not to say there are not more expensive homes in the area, because there is. Plenty of houses sell for much more. But when it comes to resale value, I think it is important to protect your investment and build equity by NOT being the most expensive house on the street. This will typically ensure that your home’s value will increase as you pay down your mortgage each year. So ultimately, your increasing your net worth.
The North End was primarily built in the 1960’s and 1970’s, so the construction methods were quite similar to today. A solid bungalow was typically built with a high basement, and usually poured concrete foundation. Which allows for substantially more finished space. As for as the location itself, you are close to Lake Ontario and waterfront parks. There are actually walking and cycling trails all the way along the lake, so it is a short bike ride to Port Dalhousie, which is a great spot in the summer. Asides from the waterfront restaurants and cafes, there is a beach, a marina, and the Historic Lakeside Park Carousel, where kids and adults alike can still ride for only a nickel. A great spot for a family picnic, or better yet some amazing food, local wine and craft beer at the Port Dalhousie Supper Market which runs for 8 weeks in the summer!