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THURSDAY, DECEMBER 16 2004 THE NEW TANNER Average Acton home price now $243,773 The average price of a home in Acton is now at $243,773.00, according to Norm Paget, of ReMax Real Estate Centre. "In Acton, we have start- ed to see a gradual return to more balanced market conditions for the first time inanumber of years," says Norm Paget, of Re/Max Real Estate Centre. "As such, housing values are expected to moderate in 2005, as supply and de- mand reaches more even ground. Year-to-date sales are UP 11 percent in Acton. Average price is now at $243,773.00, representing 10.6 per cent appreciation over 2003 levels." Paget has over 16 years in the real estate business. The vast majority of housing markets in the region will set new records in unit sales and average price in 2004 Paget says. The first half of the year was particularly strong, as buyers entered the mar- ket en masse as inventory levels improved. Many, who had been waiting for the right product to come on stream, have now made their moves. "Acton continues to of- fer a vast array of housing options for purchasers," notes Paget. "Entry-level, detached homes can be found priced as low as $180,000, while condo- miniums can be purchased starting from $145,000. In some case, given the low interest rates, we are seeing some first-time purchasers skip entry-level product all together, instead opting for homes priéed at or near average price." The upper end of the mar- ket also remained strong, as the baby boomer segment, in particular, continued to drive demand for executive homes. A good portion of this segment is now pur- chasing the home to which they've always aspired or are setting their sights on the perfect property for retirement down the road, Paget maintains. Overall, another healthy year of real estate activity is expected in Acton, Paget says. Demand will con- tinue to be strong, fuelled Search ends in Dublin Line home Pouicke / FIRE IREPORT A 14-year-old drunken Acton teen who went miss- ing from a party at 9:30 on Friday night stumbled to a Dublin Line home five-and-a-half hours later, ending a police and volun- teer search. Police were called at 10:30 p.m., one hour after the intoxicated teen left a party in the Dublin Line and 22 Side Road area- -wearing only his pants, a sweatshirt and shoes. The search of the ru- ral area was called off at 3 a.m. when a Dublin Line homeowner, a "fair" distance from the party, phoned police to say there was a disoriented, intoxi- cated teen at his door. The teen was suffering mild hypothermia and was taken to Georgetown Hos- pital as a precaution. DS Cousens said no charges were laid, but police would be following up with the teen and his parents. "We had a lot of resourc- es tied up looking for this youth," Cousens said on Monday, adding searchers included patrol officers, a tracker dog, the Tactical Try a INew Tanner Ad. - It Pays! Rescue Unit, the duty in- spector, a CIB officer and six volunteers, including the missing youth's dis- traught parents. Cigarette heist Between $18,000 and $20,000 worth of ciga- rettes were stolen during break-in overnight De- cember 7/8 at K&S Variety at 53 Mill Street. Lottery tickets and a small quantity of cash were also taken when an unknown object was used to jimmy open the front door. The break-in was discovered at 7 a.m. last Wednesday by the owner when she arrived at work. Credit cards stolen Credit cards stolen from a purse in a car at Acton arena between 8 and 9 a.m. on December 4 were used in Mississauga before they were reported missing. An Acton woman told police she believed her car was locked, but realized the cards were gone the next day. No word how much was charged fraudulently on the cards. Gas smell Acton firefighters used a gas detector, but could Art Gallery 243 Main St N. Acton ON. (Hwy #25 North of Hwy #7) 519-853-1675 GREAT CHRISTMAS SHOPPING Mammoth hand carved Ivory Carved Buffalo Horn Framed Limited Editions Bateman -- Romance --- $399 Value con ciiker - 2200MHz AMD Semperon XP CPU * 256Mb DDR RAM * 40Gb 7200RPM Maxtor Hard Drive - 52x LG CD-ROM ° 4X AGP, 10/100 Ethernet not find the source of a faint smell of gasoline on the third floor of a Church ~ Street residence at 11:26 on Monday. Wires arch High winds caused hy- dro wires to touch and are in the area of Highway 7 and Trafalgar Road at 7:49 on Sunday night. Acton firefighters stood by until hydro crews arrived on scene. False alarm Acton firefighters rushed to the Sobeys plaza at 6:04 last Friday night to find that a small child activated a pull alarm. by first-time buyers--many of whom will be making the move to homeownership from the rental market-- and move-up purchasers who continue to take advan- tage of equity gains and low mortgage rates to trade up to larger or more expensive homes. Locally, the economic fundamentals exist to sup- port the momentum in the housing sector, Paget says. "The strength in the first three quarters was evident, but things are traditionally slower during the last few months of they year," says Paget. "With less urgency in the market at present, buyers will have more time to make important housing decisions, while vendors might have to price their homes more real- istically in an effort to realize a quick sale. More balanced conditions are expected to continue into 2005, unless inventory levels fall, which would once again create pent-up demand." 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