In North Bay, Home values are now higher than they’ve ever been, making this a great time to sell your home if you are downsizing, contemplating retirement living or want to sell your investment properties. The inventory is low and the sales prices are going substantially over list price. If you’d like to know how much your home is worth, give me a call or text (705)840-7355 or go to https://tracyfarquhar.ca/home-evaluation/
From the Bay Today article:
“Good news if you own a home but bad news if you are trying to buy one locally.
A report out today by HelloSafe shows that North Bay homes increased by an eye-popping 46 per cent over the past year. That’s the biggest increase in Ontario where the average price increase in the province was 25.6 per cent.
Close behind was the Bancroft area at 45 per cent.
“With an increase of almost 46 per cent in its property prices, North Bay shows the biggest dynamism – probably linked to a renewed attractiveness following the pandemic,” suggests the report.”