Barrie- Cash boost to help Real Estate Market

Provincial Government coughs up cash for Barrie Ontario

The province of Ontario just gave a cash boost in the arm for the city of Barrie. How will this affect real estate and in particular the real estate investor, someone looking to invest in the Barrie area?

Well as discussed before money from the province "usually" goes into infrastructure projects ( maintenance, water, roads,etc..). If any transportation links are upgraded ( 400 and Duckworth, Bayfield and 400 and Dunlop / 400) then yes you can bet your bottom dollar that this will reflect in a positive manner on the real estate values directly surrounding the transportation changes. And as mentioned before, the ripple effect will also have an affect on home and real estate values due to these changes.

Even upgrades in basic infrastructure ( water) will benefit the Barrie real estate market as a whole. As we know the Barrie treatment plant is running at 95% capacity so if any future growth is going to happen you would need to see the treatment capacity upgraded. You can not build any new homes in Barrie without water...( basic economics!!.)

So the city of Barrie better spend its money wisely....Barrie will remain attractive as long as the real estate market holds up. People want to live where they know they are secure and their homes are going up in value.

Mark Vosylius

(705)-812-1033

Email: mark(at) manainvestments com

Mana Investments - www.manainvestments.com - We work with real estate professionals in the Barrie, Orillia, Collingwood, Midland areas to help grow your real estate knowledge and investment portfolio. We specialize in using RRSP as for real estate investing as well as joint venture agreements and assignment real estate contracts in Ontario

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