![]() ![]() West Erin Mills – It’s not Sawmill ValleyĪlthough both areas are part of Erin Mills, and both have large brick homes that are mostly well taken care of, they have 1 distinguishing difference. Let’s take a closer look at how you might mistake the value and quality of certain neighbourhoods to be comparable, but in reality they are quite different. But if I’m asking you for a croissant, you can’t hand me a pop tart and tell me “It’s pretty much the same”. A Chocolate Croissant is not a Pop Tartĭon’t get me wrong, pop tarts can taste mighty good when you’re craving them. ![]() This is what has been happening all over Mississauga, especially with out of town buyers, and it’s part of why the prices of homes have been rising everywhere, regardless of location. These homes are not as comparable as they seem on the surface, but you may end up paying a Streetsville price for an East Credit home. Often buyers can’t pick up on the differences between neighbourhoods in the short hours they are out house hunting. The East Credit home might also be nice, but the neighbourhood is quite different. You can look at a home in Streetsville, which is a great area, and then look at a home in East Credit, not 1 km away, and you don’t realize the shift. The danger of working with a sales agent who isn’t an expert in the area, is that you might think you’re looking in a better neighbourhood than you really are. It’s not that any neighbourhood in Mississauga is terrible, they’re just not on par with others, and shouldn’t been seen as such. So yes, my title is a little over dramatic. How Different are the Neighbourhoods, Really? So if you don’t know Mississauga very well, you had better hire a true expert willing to tell you the difference. That Million Dollar Threshold no longer tells the whole story. I know the current market seems to say it does, but the truth is that many neighbourhoods have been inflated from surplus demand and lack of inventory. I’m sorry, but every village is NOT the same nor has the same value. Now, since the “Great Real Estate Panic of 2017”, almost every single neighbourhood, regardless of its calibre, has hit the million dollar mark. That’s because those areas were distinctly better for a variety of reasons. It wasn’t too long ago that only a few prestige neighbourhoods boasted million dollar homes. ![]() People hire me tailor my expertise to their goals, and that’s exactly what we do here at The Village Guru. It’s my job to get to know my clients well enough to provide advice based on their needs and likes. I have gained far more respect telling the whole truth, and advising people about EVERYTHING they need to know to make the best purchase decision for them including the good, the bad, and the ugly. We never want to say anything negative about anything, because it might hurt our chances of making a sale.īut me, that’s not how I roll. Real Estate Agents are notorious for being INCREDIBLY positive people:įixer Uppers = “equity building properties”
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