This very much depends on your perspective. It is true to say that many areas within the Niagara Region offer a great deal of house for the money. Whether it is an older home with a big yard in an established subdivision, a property in open countryside, surrounded by fields, or a new home with a smaller lot and modern styling inside and out, it can all be found within our region without breaking the bank.
As more and more people discover the Niagara area and choose to move here from other areas, there is no doubt there is an increasing pressure on housing here. This usually results in an upward trend in prices but tempered with cautious buyers, wary of possible rises in interest rates, has kept prices pretty stable.
Areas like Niagara-on-the-Lake, Queenston and St Davids are, undoubtedly more expensive than most areas in our region but when compared with the GTA, still represent very good value for money. As many people choose to move to NOTL from the Greater Toronto Area or Ottawa, it does offer considerably more ‘bang for the buck’ and whilst offering many of the attributes of the city such as theatre, fine dining, marinas and, specialist shopping, it also offers the added pleasures of vineyards and a multitude of golf courses on the doorstep. Long line-ups and difficulty getting a table at your favorite restaurant become a thing of the past.
The milder climate here is a major draw, along with the historical aspects of the area. Dare I mention the discounted shopping over the boarder, less than 20 minutes up the road?
All in all, we have a lot to be thankful for, living in Niagara region and, in my opinion, when taking all factors into account, it represents excellent value for money here. I don’t plan on leaving!
Kevin stokes
Niagara-on-the-Lake Realty
St Davids