Race to the Bottom

There isn’t a single buyer who benefits from a bidding war. When two or more purchasers enter into a bidding war for a home, only the sellers win. Real estate markets with intense competition, in particular big cities like Toronto, can result in a difficult buying process that ends up inflating the cost of real estate.

The economics are simple: demand for a limited resource always ends up in a price spike, regardless of whether or not the commodity is worth the price. In order to get the best bang for your buck when buying a home, avoiding competing buyers helps to reduce the cost of your investment.

Have Your Own Home Built

Get a new home built just for you, without the need to worry about other people bidding it out of your clutches. You can lock up your dream home in nearly developed areas, such as the ones we offer.

These types of homes are built strategically to provide fantastic quality and a neighbourhood plan ideal for families. Since many of these projects take place on parcels of underdeveloped land, builders choose locations that are far enough from hectic locations, but close enough to enjoy the conveniences of the big city.

Previn Court has been creating custom homes and building neighbourhoods from scratch since the 1970s.

Avoid Hot Markets

For several years, Canadian real estate has been in a continuous boom, with prices and demand for homes rising on a consistent basis. Toronto, Vancouver and Calgary have witnessed some of the strongest gains, which have resulted in skyrocketing prices, restricted availability and frantic development of condos to help cater to rising demand.

As a whole, over the past decade, the Canadian real estate market has accelerated rapidly, party due to Canada’s reputation as a steady economic performer during times of international economical strife. The influx of foreign investment attracted by Canadian economic stability, especially in Vancouver and Toronto, has resulted in massive quantities of real estate inventory snapped up in expectation of profit.

When you attempt to enter incandescent markets, you increase the risk of being burned by the intensity of the competition for limited housing stock. Finding areas that are adjacent to hot markets can result in a solid investment, particularly when buying a newly constructed home that guarantees you don’t have to worry about previous occupants.

Are You Interested in Buying a Home in Alliston?

Are you tired of living in downtown Toronto? Are you considering buying a home in Alliston? We can help. With over 35 years of experience, we have built homes for over a thousand families, including detached, townhome, and unique attached single units, and we can help you find the perfect home for you.

Contact us to let us know your desired number of bathrooms and bedrooms, as well as your budget, and we’ll send you priority updates and special offers on our beautiful new homes.

When making the all-important decision of choosing the neighbourhood in which your family lives, selecting the type of surroundings that your child is exposed to is one of the most pressing concerns.

While big city life does offer a variety of cultural and educational offerings that can enrich your child, the hustle and bustle of city life may also be a distraction. Big cities have plenty of pollution that has proven to be damaging to the physical development of children, in particular their cardiovascular system.

This has lead families looking to purchase a home to ask themselves: is it better to raise kids in a small community, or shell out the cash to buy a home in the big city?

Extreme Living

The pros and cons of big-city living have mostly to do with the population density that big cities are known for. When millions of people pack into geographic locales of limited space, the large number of people who live in close proximity rises significantly. Instead of a few families living on a sleepy cul-de-sac, there’s a good chance that dozens occupy a small amount of real estate, especially in a condo setting.

This extreme population density attracts many of the best and brightest to the city, giving your family the chance to meet many of the brightest people in the province. Opportunities for education and culture increase, as the promise of large audiences draw some of the best artists and performers from around the country.

The Evolution of Small Communities

Despite the perceived cultural and educational gap between big cities and smaller communities, the differences between the two have shrunk. Small communities recognize more and more the importance of culture and education for their citizens. As a result, big cities are no longer the only place for children and adults to engage in great cultural events.

At the same time, moving into a smaller community results in a quiet, more laid-back lifestyle. Rather than the noise of traffic, police and human industry, families can enjoy peace and quiet away from dense populations.

Another huge benefit is the reduction of pollution that you and your family experience living away from heavy traffic and industrial activity. Dozens of studies show the health difficulties children face when surrounded by air pollution, increasing the number and severity of asthma cases, among other health issues.

Small communities, especially ones located far from pollution but close to amenities, provide the best of both worlds. Builders such as Previn Court houses create master-planned communities that give home buyers the option of bringing their families into small neighborhoods which provide easy living for their loved ones.

Want to Raise Your Kids in Alliston?

If you want to raise your kids in a small community, you should consider buying a home in Alliston. At Previn Court, we are proud to present our beautiful community of Victorian Village Alliston. An exquisite collection of 32′ & 40′ designs that reflect the unique Victorian architecture found in Alliston with updated details that will make this the most desireable new community.

Contact us today more information about buying a home in Alliston.

Parents looking for the best environment in which to raise a child have to weigh the pros and cons of buying a home versus purchasing a condo.

A variety of factors come into play, such as cost, convenience, market conditions and availability, but for most parents, the most crucial variables involves finding the best place to raise and develop their child. One of the biggest advantages of purchasing a home revolves around the benefits of having a yard for your children.

Healthy Development

An important part of a child’s growth takes place during the time they spend playing outdoors, discovering the natural world that surrounds them. Providing your family with a yard is one of the safest ways of facilitating this sort of growth, in particular when your kid is young.

Large yards that feature trees, bushes and vegetation introduce your child to the natural world. In fact, studies show that children who play in the dirt enjoy a variety of developmental boosts, including a stronger immune system, improved mood and a reduction in obesity, depression and disorders like ADD and ADHD.

Children who grow up in condos tend to be surrounded by a landscape dominated by concrete and glass. This can make it difficult as a parent to expose your children to nature, especially when living in a downtown metropolis.

Leaving a Legacy

When you purchase a house that includes a yard, especially a large space with plenty of greenery, the value of your investment is much more stable than if you purchased a condo. A survey conducted by the National Association of Landscape Professionals revealed that home buyers possess an overwhelming demand for green space when they consider the purchase of a domestic property.

Nine out of ten respondents revealed a preference for abodes adjacent to grass, plants, trees and other features of natural landscapes. In terms of the importance of living close to green space, 91% of respondents answered that it’s important to live close to natural spaces, while 60% believe that it’s very important to do so.

Condos simply cannot meet this demand. While there are other factors that are important when it comes to the value of real estate, the fact that home buyers seek to have some sort of connection with nature results in reduced perception of the value of condos.

Previn Court Homes have a portfolio of real estate that offer fantastic yards, green spaces and investment value. Contact us to learn more about terrific houses that match the needs of your family.

Buy Your Family a Home in Alliston

If you have a big family, you should definitely buy a home with a yard as opposed to buying a condo. If you’re an Alliston resident, we at Previn Court can build one for you. We know that home buyers are looking for a residence that will make them feel both physically and financially comfortable.  Learn more about our beautiful affordable new homes to buy, or contact us to register for priority updates and special offers, and find the perfect home for your budget.

Back in the 1950s, Toronto was considered one of the most dull cities on earth. The 1960s and 1970s helped transform the city from a stolid town into a dynamic cultural center that’s currently on the precipice of being an international presence.

Unfortunately, city planners likely didn’t foresee the rapid growth in population and influence that Toronto has enjoyed. This has resulted in a variety of problems that have yet to be addressed, causing residents to seek a new place to live.

Here are four of the biggest signs that it’s time for you to leave Toronto.

Population Increase

Roughly speaking, the Greater Toronto Area attracts more than 100,000 new residents on a yearly basis, which increases the stress that the city’s infrastructure experiences. The addition of a million residents every decade or so requires huge investments in infrastructure such as transportation.

Unfortunately, due to the municipal, provincial and federal government dragging their feet on investing in Toronto’s roads and public transit system, the city has developed a variety of issues that are proving difficult to solve.

Sprawl

Instead of taking advantage of the many wide open spaces that Torontonian geography provides, builders have been taking the approach of completing projects that waste land which could have be put to more fruitful use. The growth of population in the GTA hasn’t been administered appropriately, which has resulted in a large amount of development spreading across longer greater areas.

Traffic Gridlock

The combination of an increase in population without adding additional infrastructure has resulted in a commute that’s considered among the worst in North America. Billions of dollars of productivity are lost on an annual basis as drivers sit on the Don Valley Parkway, Highway 401, the Gardiner Expressway and the Queen Elizabeth Way for a couple of hours every day.

Housing Prices

Along with Vancouver and Calgary, Toronto has witnessed some of the most extreme inflation in real estate prices, including both condos and house sales. This spike in price has made it extremely difficult for non-millionaires who wish to buy the home. Families living off off an average middle-class income can no longer afford to buy houses, and have been forced to look at the condo market or even the rental market to provide a housing solution.

Thankfully, there are plenty of options to consider when you make the decision to leave Toronto. Companies such as Previn Court develop real estate projects that give people the opportunity to pursue their dream of owning the home.

Tired of Living in Toronto?

Toronto has definitely lost its groove. Its no longer the jewel it used to be. As such, now is the perfect time to leave Toronto. One of the best places to live outside of Toronto is Alliston. If you’re ready to move, we at Previn Court build a home for you. With over 35 years of experience, we have built homes for over a thousand families, including detached, townhome, and unique attached single units, and we can help you find the perfect home for you.

Take a tour of our incredible models, or contact us today for more to let us know your needs in terms of bathrooms, bedrooms and budget.