If you are looking to relocate to Creemore or you are looking for a weekend retreat to buy in the picturesque small town you will probably be surprise by what you find. The prices of homes in Creemore have jumped in the last year by a large margin and the amount of homes that are actually for sale has dwindled to only a few. The lack of inventory is one reason that the price of homes has skyrocketed, the other would be the total lack of new development.
Currently people are buying homes that they don't really want because they desperately require a home, then they are either renovating the home or adding additions to it to make it more to what they wanted.
There is another option, you could have a custom home built instead, then you will have exactly what you want, the size, the style and a brand new modern well insulated home.
There are pieces of property still for sale in and around Creemore from a normal sized in town lot with all town services to larger country properties just outside of town were you could build yourself a new custom home. There are also several older small homes that are in town that require removal that would make great sites for a new home.
With the cost of resale homes rising so quickly and the lack of inventory of them it makes more and more sense to build a custom home for yourself. The cost between buying a resale home and then renovating it compared to buying a lot and building a new custom home has become very close to the same overall price. Custom homes are still a little more expensive but they are also brand new with a warranty, the resale market for custom homes has also climbed in the last year and custom homes are now selling for a much higher price then they ever did before. This makes the investment in building a new custom home a great long and short term investment.
If you want to build a custom home in the Creemore area and don't know where to start email me and we should be able to help you with it. We are custom home builders after all.
Village Builders Inc.