2020 was the year of the bungalow and we expect 2021 to be the same and then some! Here is what buyers are looking for:
31 Royal Ridge Rise NW | Royal Oak
Offered @ $787,500
Sold in 28 Days
34 Discovery Ridge green SW | Discovery Ridge
Offered @ $725,000
Sold in 64 Days
215 64th Avenue NE | Thorncliff
Offered @ $458,800
Sold in 50 Days
311 Schooner Landing NW | Scenic Acres
Offered @ $569,950
Sold in 16 Days
- Larger, view bungalows with walkout basements (areas like Discovery Ridge, Rocky Oak, Rocky Ridge, Scenic Acres); $600,000-$800,000
- Smaller but a amazingly renovated bungalows with 2 or 3 bedrooms above grade (areas like Charleswood, Collingwood, Willow park, Lake Bonavista); $500.000-ish
- Well maintained but original bungalows, idea for young buyers or investors (Thorncliff, Silver Springs, Huntington Hills, Beddington Heights) $300,000-$425,000
- Ensuites! We are finding clients (especially those coming from a 2+2 condo and moving to the burbs) are wanting/expecting full (at least 3-piece) ensuites. This is becoming a major factor in certain areas and price points.
Some of our favorite 2020 bungalow sales:
Offered @ $787,500
Sold in 28 Days
34 Discovery Ridge green SW | Discovery Ridge
Offered @ $725,000
Sold in 64 Days
215 64th Avenue NE | Thorncliff
Offered @ $458,800
Sold in 50 Days
311 Schooner Landing NW | Scenic Acres
Offered @ $569,950
Sold in 16 Days