Real Estate

Pre-construction detached properties

  • Last Updated:
  • Sep 22nd, 2020 9:42 am
[OP]
Newbie
Sep 20, 2020
1 posts

Pre-construction detached properties

Are preconstruction properties still a good investment in this climate? I have seen a couple in Brantford area that I’m considering.
1 reply
Sr. Member
May 3, 2013
675 posts
272 upvotes
Toronto
If it's for your own use, buy something you like and reasonably priced for today's market value. I wouldn't try to time the market for primary residence for fear of being priced out. Who knows where the market is headed? It is arguable that prices will come down due to wide-spread unemployment. Also arguable that prices will go up due to the belief that WFH is here to stay, so folks are looking to get something bigger and cheaper (ie. further).

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