Burlington Homes:
In July 2023, Burlington’s real estate market continues to show promising signs and presents exciting opportunities for homeowners and prospective buyers. Burlington offers a diverse range of housing options to cater to various preferences and budgets. The market comprises single-family homes, townhouses, condos, and apartments. In recent years, there has been an emphasis on sustainable and energy-efficient homes, with many new developments incorporating eco-friendly features and smart technologies.
August 2023 outlook:
In July 2023, the price decreased by 22.9%.
Experts predict a stable and sustainable growth trajectory for Burlington’s real estate market in the coming months. The city’s strong economy, ongoing infrastructure projects, and commitment to sustainable development are expected to influence the housing market positively. While there may be minor fluctuations, overall market conditions are projected to remain favorable for both buyers and sellers.
To $845,892 for July 2023, hamilton-burlington’s average home sale price fell by 22.9% year over year. In contrast, the average home sale price across the province is down 18.2% from a year ago to $1,081,500.
In Hamilton-Burlington, the average cost of a single-family home fell by 24.3% annually to $941,885 in July 2023. In contrast, the average single-family home sale price across the province is down 18.8% from a year ago to $1,189,100.
In Hamilton-Burlington, the average cost of a row or townhouse fell by 18.0% annually to $773,456 in July 2023. Comparatively, the average town/rowhouse sale price in the province has decreased by 17.4% from a year ago to $847,500.
In Hamilton-Burlington, the average rent for a 1-bedroom apartment grew by 24% year over year to $1,799 for July 2023. While
Homes:
Whether you are a first-time buyer, a growing family, or a seasoned investor, Burlington’s housing market presents exciting opportunities to fulfill your homeownership dreams. With careful research, expert guidance, and a clear understanding of your needs, you can confidently navigate the market and find your ideal home in this vibrant city.
2640 8 SDRD ($5,950,000)
PROPERTY DESCRIPTION:
This 56-acre house is nearby to downtown Burlington waterfront, situated in the exclusive Kilbride community. The property features a spring-fed pond, two meandering streams, wildflower meadows, and million-dollar escarpment views, offering a Muskoka-in-the-city living experience. With a total of 8,920 sqft of finished living space, there is a 3,018 sq. ft 2-storey cedar shake cottage on the premises. Additionally, an adjacent fully serviced barn provides an additional 4,100 sq ft of space, presenting a rare opportunity for multigenerational families to have their own separate areas or for individuals to create and operate a business.
5535 CEDAR SPRINGS RD ($3,099,999)
PROPERTY DESCRIPTION:
This gorgeous home boasts five bedrooms and offers over 6000 sq ft of living space. The kitchen is stunning, featuring built-in refrigeration drawers, pot fillers, quartz counters, an island, and several other exquisite details. The bedrooms are spacious and come with walk-in custom closets. The property is adorned with endless upgrades, including pot lights, heated floors, exterior glass railings, and wall paneling. A creek with a pond gracefully runs across the front of the property, offering beautiful views. Without a doubt, this home is good for a small family!
