Both Halifax new homes and Halifax resale homes have advantages and
disadvantages, but as a rule of thumb, resale homes usually cost a
little less than new homes in the same area. Many try buying Halifax
resale homes with a view. Homes with a pleasant view of the horizon
often sell at a premium above similar homes without the view. Terms
like oceanfront, beach front, waterfront are used in real estate to
express these premium locations. However, if a view is important to
you, buy it mostly for your own pleasure and not as an investment.
Though you may place a considerable dollar value on the view, future
buyers may not be so like-minded. It may take you longer to find a
buyer when it comes time to resell the house. Or you may end up dropping
your price to more nearly match other sales prices in the Halifax
neighbourhood. In short, if you are buying a house in Halifax with
a view, try to pay as little extra as possible. Otherwise, you might
not get your money back on your investment.
Halifax waterfront properties have historically been the best performers
in terms of there resale value. Maclean's magazine even referred to
increase in property values talking about Halifax $1 million dollar
homes along the waterfront.
Halifax homes for sale
(introduction)
Halifax condos
Halifax cooperatives
Halifax resale homes
Halifax gated communities
Halifax townhouses
Building a house in Halifax
Halifax new homes
Halifax luxury homes
Halifax lofts
Halifax investment property
Nova Scotia bungalows
Halifax duplexes
Halifax triplexes
Halifax residential real estate
(attached)
Halifax residential real estate
(detached)