MLS listings in Richmond Hill are the homebuyer’s greatest tool when searching for a home—but you need to know what to look for, because MLS listings can be misleading and can leave out critical details that you need to be aware of. These details are exactly why you need an experienced Realtor on your side, protecting your best interests in real estate.
When browsing through MLS listings in Richmond Hill there are a number of elements to look for, including:
Real estate is all about ‘location, location, location’, which is why the neighbourhood counts. Unfortunately you can’t learn much about a neighborhood from an MLS listing, so call the Wan Team with the address and we can tell you everything you need to know, including the quality of the schools, places of worship nearby and the makeup of the neighbourhood (whether it be young couples, families, retirees, etc.).
2. Ethnic Makeup
Richmond Hill is an incredibly diverse place, but certain ethnicities gravitate towards certain parts of town. If you’re looking for a home near people of your ethnicity then look at nearby places of worship and nearby restaurants to determine the ethnic makeup around that home. This is especially important for newcomers, who ideally want to be around people from their home country.
3. Historical Home Values
Certain neighbourhoods, historically, have better track records of rising property values than others. Of course this isn’t listed in MLS listings in Richmond Hill, but a look at the address can tell you the area—and a quick call to the Wan Team can tell you the property values of that area.
Upgrades are a key indicator that a homeowner has put additional money and care into their home, although they can also indicate an older property that needed necessary upgrades to bring it up to current market standards. Pay attention to what type of upgrades have been done—and whether those specific upgrades are worth the added value to the home suit your needs.
5. Future Building Plans Nearby
Richmond Hill is growing extremely fast. This means homebuyers need to scout out what will be built around homes in the near future, as this will strongly affect the value of your property.
Certain areas of Richmond Hill are more densely-populated than others. For example, Bayview Hill is primarily large, single-family homes, but when you get south of Elgin Mills Road the homes grow much denser. A higher density means homes that are closer together, but it also generally means more amenities closer by.
For more information on MLS listings in Richmond Hill—and for more elements to look out for, call the Wan Team!