Halton Hills Newspapers

Georgetown Herald (Georgetown, ON), September 28, 1977, p. 25

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HALTON HILLS AREA PARADE OF HOMES FT HERALD Wednesday September a Page JON ZORGE REAL ESTATE Inc Realtor 8770155 4572624 MACK Cajurflatt Real Estate AlMdHllMI If you have never asked yourself what housing doea for the economy of this nation now would be a good time For even though Canada la experiencing a period of high unemployment It could be considerably worse without a healthy housing In da try In the first six months of this year there were HI bousing units completed a per cent increase over the same period last year Assuming a 40hour and a 50week year this represents one job for every house completed as there are approximately hours involved In the construction of the average house Have you ever witnessed the efforts of an Individual who deckled to build his own house Even with contracting out some of the more difficult aspects of the project It appears to take months and months for that one bouse to be ready for occupancy This is not so when ex builders using the latest building techniques erect a house Scores of new units seem to appear almost over night on a building site with each worker specializing In some aspect of the construction When he finished one house he moves on the next and the next in a continuous factory type operation except that the factory Instead of being en closed Is of necessity the great outdoors But the great part or the manpower required to change a former farm or forest Into Canada s newest suburb arc not on the construction site at all The carpenters bricklayers painters and other tradesmen vlslbleonthesite who changes pile of seemingly unrelated materials into an attractive home represent less than half of the man hours necessary to create that home They rely on even more diversified army which extracts the required raw materials converts them into building products and transports them to where they are needed In order that a group of homes can be built various levels of govern ment bureaucracy ore involved as arc financial institutions researchers surveyors sub contractors and other all the way down the line to clerks Further employment is created when arc completed and their new owners move in They generate cm for and distributors drapes stoves refriki rotors washers mid a host other prod ik Is Even rental housing is a large contributor to em employment that l stop but only the doors open to welcome tenants Then property manager super in and maintenance workers are some of the em required All of these are new Jobs which t exist before the building was created To keep Canada home building industry healthy and have that industry contribute Its full share of employment op portunities it is necessary to allow the free play of market Therefore the accepted route has been to purchase an existing starter home perhaps an apartment condominium a small semi detached or raw house and begin to build equity Later equity becomes sufficient to move lo a larger more expensive home in a belter neighborhood ven the equity is sufficient tht to carry with payments on a new through the equity I II up in Hie intervening I In worth remem taring is that nine the first us ng unit is purchased the mil is housing prices in that hedge is permanent and protects the Individual against future price increase of all housing regardless or the number of moves made Compare this with an in vestment In a new car which depreciates at approximately per cent annually The values of home on the other hand historically have gone In the opposite direction up At present there is not only enough housing to go around in meeting demand but a surplus or bo In new and used housing At the end of June this year or inslante there were m newly completed houses and duplexes unoccupied in he country a metropolitan areas over per more than at the same time toil year The number of existing properties listed for sale through the Multiple Us ling Service MLSI operated by local real state boards up to the end June was more than 31 per higher than In the January June period in 1976 When demand exceeds supply there Is always upward pressure on prices of any product or commodity and sometimes a runaway price escalation process sets in this is not the case at present a wide choice of properties for prospective purchasers of both new and existing homes from which lo choose prices are relatively static and realistic lly Liking of what was in essence buyers market properties were purchased through MLS during the period an Increase of per cent compared with the same period a year earlier Some of the existing houses purchased were from empty whose children bad grownup who found themselves over housed and who moved into a new apartment Manv many others were purchased from growing families wno were last able lo realize their dream of owning a new and lamer house thus treeing their present home for a family following the some pattern of moving up the ladder while at same lime enjoy ng a hedge against inflation In either case the free play of market forces enabled both purchaser and seller to attain their Immediate goals Perhaps they realize it but their actions created employment and provided Jobs for persons who otherwise might not be working and who would have been on the welfare or unemployment insurance rolls HOME OF THE WEEK ARE YOU READY This home is ready for you Custom built spacious 3 bedroom finished family room and a garden so nice its the envy of the neighbourhood Observe the price only 59900 JON ZORGE REAL ESTATE Inc Realtor 8770155 4572624 IF IME TREES Then you will love this Immaculate bedroom on a one acre lot Large living room separate den and an solar heated pool FALL FEATURE bedroom bungalow In better than new condition Big kitchen living dining room and huge finished rec room plus bar Close to Plaza and Schools Seeing Is bellevinofpoO ilk out dining room All finished to perfection landscaping Only Three bedrooms mean torn and the loot tented lot leaves plenty space for the children to play In salety Listed only TOO Call 9 9 MYSTERY HOME This luxurious English bedroom home Is situated on a quarter farm lot Surprise yourself Ihe and quality this All the you would design Into a home yourself Call to NEAT AS A PIN This super clean Ihree bedroom side spill home on a massive fool lot Ad mire the view from the cedar deck or using the Immaculate one third acre grounds baths laundry finished family room many extras area reasonable price call 877 YE COUNTRY STORE Valuable property with older home and store Plenty of space and beautiful large lot Moke an offer Asking only 9 ACRE FARM 3 bedroom bungalow on well treed property with creek at rear small storey barn Ideal for horses Now reduced to 5Q0 Act fast 3 COMMERCIAL PROPERTIES DOWNTOWN apartment store space owner anxious 34 STREET DUPLEX AND STORE fully rented and a great location having frontage on streets GREAT RENTAL INCOME downtown rooms with separate owners quarters sauna indoor heated pool CONTEMPORARY DESIGN 50 ACRES The warmth and durability of real used In this superbly constructed hill side home located on 50 acres wooded escarpment land makes this a very unique property Listed at 3 ACRE RIVERSIDE 3200 sq ft custom built home or beautiful riverside lot In the Glen Four bedrooms ft living room large kitchen ground floor family room with fireplace and walkout Shopping for a big home Inspect this new home now asking J140 am ATTENTION HOME BUILDERS We have a few serviced building lots available large ALWAYS WANTED your own custom home on a country lot but the prices scared you How about this new 4 bedroom iloroy brick stone and aluminum fireplace family room formal living and dining bright open sunny and much more Only Call today J ACRE COUNTRY SPECIAL Th s scenic Is MS giving lots of room for the horse house or harvest your choice Situated on a private road lot comes complete with survey permit tractor plow Equipment si Call now lor country living SPECIAL SPLIT A bedroom with ground Moor family room for only Believe Excellenl financing available cupboards galore and a spacious ft lot Call before gone 3 bedroom storey home wllh formal living and din ng rooms Country sited kitchen and super treed private back yard down carries lor about per month principal Inleresl and Don I wall Its completely IMMACULATE MANSION This finished raised bungalow otters over ft of luxury living space fireplace washrooms and much more Excellent available Call for details Trafalgar ml for orchards ml baron Call III nules from and to town excellent land il farm hobby farm or land 171 lor Information on your LOT Glen Williams presents this bedroom aluminum bungalow that Is In A 1 condition Rec room and garage treed lot and per cent down makes this home a steal the price of only TOO Try your otter now Call BUSINESS IS TOO sq commercial outlet with full basement Includes all equipment almost new Good and lease lit year gross BONNEVILLE FINN H POULSTRUP Realtor Canada Trust 8779500 FARMERS FARM A very high productive acre south of No highway miles Georgetown Largebankbarn barnyard redbrick house summer kitchen and a farm kitchen with pantry formal dining room and Arealbeauty at only HOBBY FARM of Georgetown with paved road Builders own newly Via bungalow some finish required features large panelled family room with floor to celling natural stone fireplace sunken living room two walkouts large kitchen 8770155 Mountainview Georgetown WARREN CRAWFORD CORING DEPAOLI lilt SALLY REED VICKY DOWN ils you in Ihls detached bedroom detached garage on lot thin walking distance downtown king S3 TOO Price Includes land FOR THE DISCRIMINATING BUYER Who Is looking lor a country property triatrial everything local Ion to luxury at a reallstlcpricealSM4TO0 of living space landscaped J acre Inground pool Florida room rock garden and much much more Within IS mln drive to yet secluded enough tor complete privacy Must be seen be appreciated M WATSON MAIN ST QtOROITOWN ONTARIO TORONTO LINK MANAOIR ASK OUR BRIDGE LOAN PUN HUNTER REAL ESTATE INSURANCE LIMITED Guelph Georgetown A FIREPLACE AND LARGE LOT These are two of the fealures lovely 3 bedroom bungalow Located In a quiet are and sitting on a Mum loot lot home has a nice sized kitchen living room and family room a stone fireplace There is a modern 4 piece bath and forced a 17 ACRES this well treed acres over It frontage large lake a very unusual piece ot property Interest Call ONE ACRE OFFICE OR IRENE CURRY MIS LLOJD HUNTER HUGH HUNTER A AC I APPRAISAL MANAGER

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