Why these five neighborhoods made it through the recession with flying colours and why everyone should keep a close eye on these hot Ottawa areas.
The five Recession Proof Hoods:
The Glebe
New Edinburgh
Rockcliffe Park
TODAY’S FEATURED NEIGHBOURHOOD: Rothwell Heights
WHY: Because although it’s tempting to describe Rothwell Heights as a poor man’s Rockcliffe, there are benefits: lower house prices and much larger lots, to name two. Rothwell Heights also boasts the same village atmosphere and absence of commercialization. There is the sense that people here are pleased to be a bit isolated from life’s challenges and troubles. People want to live in neighbourhoods like Rothwell Heights – if they can afford it – forever. (Just 19 houses sold on Multiple Listing Service last year.) The average sale price of $716,763 was up 9.6 per cent over the previous year, a jum of about $62,000.
Westboro
The final neighbourhood has been revealed hope you enjoyed learning about Ottawa's exciting up and coming neighbourhoods.
For more information visit www.bennettpros.com
Friday, September 25, 2009
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