Hot Real Estate Market for detached home in Churchill Meadows
A detached home in Churchill Meadows is always in high demand, as this community is growing very fast. Very few listings come in the Churchill Meadows area and people clamour to buy it. Market is super hot and it took just under two months to sell this home. My seller received some sixty showings, three offers before we accepted an offer that was acceptable with my sellers.
Tips for buyers in Churchill Meadows
There are a couple of things to keep in mind if you are a prospective buyer for a detached home in Churchill Meadows. Your willingness to buy a property does not mean that banks will jump to approve you for your mortgage loan it today’s market. I would strongly recommend that buyers should get themselves pre-approved before they submit their offer on a home, to avoid any disappointment.
Detached homes in Churchill Meadows Prices
A typical four bedroom 2500 square feet detached home in Churchill Meadows sells between $700,000 to $850,000 depending on its age and features. Larger sized detached homes in Churchill Meadows area sell between $900,000 to $1.2 million. Semi detached homes with 3 to 4 bedrooms, in 1500 to 2000 square feet size sell between $490,000 and $650,000 again, depending on their age and features.
Townhouses in Churchill Meadows
One can find many three bedroom stand alone townhouses that are less than 10 years old in Churchill Meadows, they sell anywhere between $450,000 to $550,000. Then there are stacked two and three bedroom townhouses that are very popular with first time buyers and investors. These condo are priced between $390,000 to $450,000. For starter homes, there are many lower price range apartment style or one to two bedroom stacked townhouses, they sell between $250,000 to $350,000. Prices are increasing at a fast pace and Churchill Meadows is one of the hottest neighbourhoods of Mississauga in terms of price growth.