As you might have guessed, I keep a close eye on comparable homes for sale in our city and neighborhood. Although Hubby and I do not plan to list until I finish my PhD (another 2-3 years), I do get nervous about the future because we have invested money into improving the townhouse. To see a return on that investment, housing prices need to move skyward a smidge.
Impeding our potential home-selling success, new builds seem to be priced scarily close to the price of our neighbours’ townhouses. Big construction companies, like Ryan Homes in America and Mattamy here in Canada, are often behind these types of developments and it’s hard to compete with their prices.
Yesterday I passed by the build site of a new set of townhouses I had seen advertised. Although the new construction has one fewer bedroom, less green space and is further from the downtown than our townhouse, will shiny & new lure potential buyers?
Although I’m openly glaring at this new construction (all new construction in our price point, really), I’m secretly scoping out the model homes, looking for design tips. How cute is this model townhome?
Love the cream coloured kitchen cabinets. A nice departure from white.
What is interesting, is that the photos of this new home show little of the actual home, like the kitchen, for example. The close-up shots of accessories seem more like a magazine photo.