(Published on - 10/6/2017 5:50:37 AM)
In honor of Canada's 150th birthday, click on the link below this sentence for a complimentary pass that was passed on to me. It's good for the whole summer. Then read on and enjoy my blog...
The Encarta English Dictionary defines economy as “the production and consumption of goods and services of a community regarded as a whole”. Economies can be big (national) or small (each individual). A good barometer of how our local economy is doing is to keep an eye on house construction. Is it visible? If so, that is generally a sign that municipal economies are in good shape. And if so, is it luck or were there initiatives, incentives – a plan- provided to help housing starts happen. Municipalities want development. Developers need to hear that message and get direction on how it will be good for themselves, the municipality and the community. Let's begin with what I've noticed while driving.
I'm usually driving one of these...
Driving is a big part of life in real estate. We drive for many different reasons. Sometimes to look at properties to do an opinion of value. Other times it’s to show properties, to attend home inspections, to put up or take down signs, to drop off well water samples, to attend workshops, complete courses, etc. Sometimes, it’s to take pictures for a blog… like this one.
Since I have listed and sold properties in Penetanguishene / Midland, Barrie, Wasaga Beach, Coldwater / Severn and the many communities in between over the years, I do a lot of driving. There always seems to be new home construction somewhere in my service area. If a building lot gets sold in Hillsdale or Orr Lake, a house or cottage gets built. Sometimes an older cottage sells, gets demolished and a new one appears
In 2017 I’ve noticed several new real estate housing developments. A large single family detached (SFD) homes subdivision is underway in the east end of Wasaga Beach. JDC Homes is building “beautiful bungalows with 3 bedrooms, 2 baths and 9’ ceilings”.
JDCHOMES: Golf Side Estates
Likewise in Elmvale, on the west side of town, Amelia Homes is developing another large SFD subdivision. This development benefits the economy of the respective areas. Morra Homes is winding down their quality subdivision east of the Sara Vista Long Term Care Home. The last homes are being built on Patchell Court as you read this.
(Above) A new friend (Amelia Homes) says, "Hello" ...as an old friend (Morra Homes) bids farewell...
and Is Hedbern Homes returning to Springwater deveopment again?... Stay tuned.
New home developments don't have to be BIG to help local economies. Smaller and mid sized developments provide many positive economic influences to the local economies. I notice a few of them in high gear gear on the way to my Realty Executives On The Beach office at 998 Mosley St. in Wasaga Beach:
Green Hill Homes' Beachside Manor offers 14 Luxury Freehold Townhomes (above).
Bremont: Beach 20 (above) is an Exclusive Townhouse Enclave offering...
This could be the largest sand box in Simcoe County, but this is where Westside Contracting is developing a 7 unit Exclusive Freehold Waterview Luxury Townhomes.
The development of new housing projects of all sizes combine to benefit the whole area. Several jobs are involved. Drawings to be made and approved, surveys to be done, planners to get it all organized, purchased materials to be transported to the site, foundations set or poured, construction crews to bring the drawings to life, roofers, heating contractors, brick layers, landscapers, paving crews, utilities delivered to the site, and more that are on the tip of my tongue.
All this economic activity starts with a piece of vacant land, a lot. Just there...Waiting... But there is one more major part to complete the picture of these wonderful developments. The framework for everything comes from the people who have worked for the towns, cities or townships over the years. They created, in wording carefully constructed, the means to allow the land owners / developers to get the job done. Safely. To code. Current town staff put the word out to everyone in the community - private citizens, business owners, etc.- that not only is development possible, it is encouraged and will be supported since it is good for all. As I leave you, click on the link below to see how it is done in Wasaga Beach.