HomeWood Real Estate Inc Brokerage

HomeWood Real Estate Inc Brokerage

Broker of Record


(519) 621-2997
Email Me

Work with Brokerage who will invest time in your future

Looking To Upgrade Your Current Home? Now’s The Time To Move-Up!


In every area of the country, homes that are priced at the top 25% of the price range for that area are considered to be Premium Homes. In today’s real estate market there are deals to be had at the higher end! This is great news for homeowners who want to upgrade from their current house and move-up to a premium home.

Much of the demand for housing over the past couple years has come from first-time buyers looking for their starter home, which means that many of the more expensive homes that have been listed for sale have not seen as much interest.

This mismatch in demand and inventory has created a Buyer’s Market in the luxury and premium home markets according to the ILHM’s latest Luxury Report. For the purpose of the report, a luxury home is defined as one that costs $1 million or more.

“A Buyer’s Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point.”

The authors of the report were quick to point out that the current conditions at the higher end of the market are no cause for concern,

“While luxury homes may take longer to sell than in previous years, the slower pace, increased inventory levels and larger differences between list and sold prices, represent a normalization of the market, not a downturn.”

Luxury can mean different things to different people. It could mean a secluded home with a ton of property for privacy to one person, or a penthouse in the center of it all for someone else. Knowing what characteristics you are looking for in a premium home and what luxury means to you will help your agent find your dream home.

Bottom Line

If you are debating upgrading your current house to a premium or luxury home, now is the time!

Call us at 519 621 4852 to discuss your options.


Flexibility and versatility

Flexibility and versatility are the most essential parts and upheld focal motivations behind online direction and online courses. These activities are extremely versatile as stand separated from manual bearing. https://texacoroadsafetyspeechcompetition.com/


Upgrading your old house other than buying a new house is a better decision now. it would be better to visit schoolbubble for those who want freshness in their lives.

Kathy Alapai

Buying a new house is not easy nowadays particularly for the mediocre families. Get more ideas on https://www.circleofloveweddings.com.au/best-funny-and-unexpected-wedding-invitations/ as upgrading old house is a good option for such people who want to feel some kind of freshness in their house. It also does not cost much.

Jonson Charles

Initially, I was looking for a new house but now I have changed my plans. Now I am wanting to upgrade my house. Once read bestessays review for info as you have mentioned very helpful content in this regard which has pleased me. Your article has showed me a new way.

Thanks for compliments.

Thanks for compliments.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.homewoodrealestate.ca. You may unsubscribe at any time.