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The $16,000 fo $22,000 price range now accounts for 60 per cent of the market â€" the same proportion as in this range five months ago. â€" The latest survey shows 23 perscent of all houses are going at Between $22,500 and $30,000, It‘s getting tougher to find a new house in Metropolitan Torâ€" onto priced at less than $16,000, and more people than ever beâ€" fore are buying houses for over $30,000, according to a Toronto Real Estate Board survey. TREB President R. G. Walton reports the average price of more than 1,000 new houses now being offered for sale in North Â¥ork, Etobicoke and Scarborâ€" ough as $21,312. The average last spring â€" April 15 â€" was $19,â€" 297. At December 15, 1963, the average was $21,371; on July 15, 1963 it was $20,811. "The lower price last spring is attributed to a switch by builders to a lower priced market to tap a new level of demand created by buyâ€" ers cashing in on the $500 bonus for winter built houses." Mr. Walton noted only 10 per cent of the new houses being offered for sale today are pricâ€" ed below $16,000. Five months ago 17 per cent of the homes for sale were in this category. "There are some modern or contemporary designs, but the trend to Conventional and Traâ€" ditional architecture is running strong. Georgian or Tudor stylâ€" ing â€" sometimes referred to in the United States as Colonial or Average New House Price In Metro Area Is $21,312 "Canadian home builders will up production this yvear to beâ€" tween 160,000 to 165.000 residenâ€" tial units. Thanks to these thouâ€" sands of new houses, the average quality of our stock of homes is better now and the shortage is no more. There still is plenty f demand but you can take your time, explore, investigate houses and neighborhoods carefully and compare until you find a house that really measures up to your expectations," Mr. Treleaven adâ€" vised. "Now suppose you are in the market for a newly built house and ready to sally forth to look over the current crop. What will‘ you see? One of the first things that will strike you is that this year‘s new houses look differâ€" ent." Mr. Treleaven said. : A. W. Treluvui. General 4 of The Toronto Real â€",@ There are plenty of houses to choose from right now, both old and new. a.Rew or resale home, according lar. So are decorative details ®# There is plenty of money around to finance your purchase as soon as you give the word. _"Homebuyers have never had a wider choice or a better opâ€" portunity to upgrade their stanâ€" dards of housing," Mr. Treleaven "1,422,994 new houses were built in Canada in the past deâ€" cade. Last year production was still zripping along at a good rate with construction started on 148,â€" 624 dwellings. The peak was hit in 1958 when housing starts toâ€" talled 164,632 QUALITY BETTER THE ADVERTISER â€" Th BUYER‘S MARKET FOR RESALE HOUSES ... CR. 8â€"3355 PMOME a: YISiT NOW after you compare this price with any other lumber yard Our special bulk purchase recently unloaded from the 5. S. Kaohsiung Maru means savings for you. We repeat . . . Compare if you wish then buy at Thomsons‘ and become another highly satisfied customer. : po NT is th-,bc:t time to hv‘lulycAm-icm-â€"-il very popuâ€" No Automatic Profit On Older Homes â€" ... ... BUY THESE ursdoy, Sept. 17, 1964 â€" Poge 20 LOUVRE DOORS No Extras No Gimmicks CENTRE ROAD â€" PORT CREDIT Mwy. Moe. 10 â€" 2 blecks morth 2 Deor 144" r 77" r 1i" INCLUDING ALL HARDWARE (Tracks, Pulls, Hinges, etc.) Suit doer epening 2‘6" 1 66 Fif§T GAA0f MAKHOGANY ‘ New twoâ€"bedroom houses are prerl,x‘glgl O almost nonâ€"existent. Only 1.028 ;;r'\c:“ “d b\-_-‘ twoâ€"bedroom houses â€" one of : “”,9;9 ind every 40 financed under N.H.A.‘}L?,,: largest â€" were started in 1963. Between /) (> _ "L 5)C 1954 and 1961 one out of 10 °{,}S,SNIPP_ NH.A. houses constructed conâ€" 2000 houses 12 tained two bedrooms ig:npp and TWOâ€"STOREY COMEBACK 1broug‘nt gubur Twoâ€"storey houses are more ship to the c popular than they have been fOF| new era in h 10 years. In 1963 builders put the;â€" Applewo one up one twoâ€"storey dwelling jty in 1951, t for every 10 bungalows started. developerâ€"buil In 1962 the ratio was one tWOâ€") trend today storey house to 16 bungalows-!Street to Dixi In the last decade â€" between Tne firm‘s n 1952 and 1961 â€" builders erectâ€") sion to wellâ€" ed 30 bungalows for every twoâ€" ) wood Height storey dwelling. In other words.fsm?et at Dix while bungalows are still the provide urban most popular type, twoâ€"storey its <ophisticat houses have tripled in popularâ€"|scribing this t ity. ting the new c compared to 19 per cent in this group five months ago. Now 7 per cent of the homes are priced above $30,000 comâ€" pared to 4 per cent in the preâ€" vious survey. The average price of resale homes appears to be strengthenâ€" ing with shortages of listings in some areas such as Forest Hills, North Toronto, Rosedale, The Annex, The Kingsway, Leaside and Bayviewâ€"York Mills. ‘"The average price of 9.704 properties sold through Multiple Listing Service in the first eight months of this year was $17.028, compared to $16,468 in the corâ€" responding eightâ€"month period of last year." Mr. Walton explained. "Just because the overall average price goes up it does not necesâ€" sarily mean that all prices in inâ€" dividual cases will rise. Price fluctuations are mainly evidence of changes in demand in various ranges rather than inflation or deflation." "House values actualiy depreâ€" ciate between one and two perâ€" cent per year." he continued. "A profit may appear on paper but it is usually the result of the change in the value of the dollar rather than a price inâ€" crease." Mr. Walton concluded. "One out of every five singleâ€" family homes financed under the National Housing Act last year contained four bedrooms. This compares with one out of six in this category in 1962 and one in eight in 1961. Between 1954 and 1960 only one out of every 16 NH A. financed houses containâ€" ed four bedrooms," according to the TREB spokesman. Buyers want more â€" space. There are more twoâ€"storey houses. Rooms are larger, and there are more of them. There are more four and fiveâ€"bedroom houses and most of them have more than one bathroom. that evoke the past: ornamental ronwork, white columns, louâ€" vered shutters, coach lamps and colonial style windows. Even ranch style houses and other contemporary types display these romantic touches," Mr Treleaven observed. MORE ROOMS TMOMSON LUMBER New house prices are edging FREE DELIVERY of Hwy. Me. 2 PRICES EDGING UP 1714 Complete By JOY McALLISTER Looking for a new house? Well, before you do take a good look at the old one. Many homes that were once abandoned have become the pride of the block. Before You Buy A Bigger House «: It is really quite surprising w hat a few alterations, some paint and a little imagination can do for the most decrepit building. Naturally, some money must be spent and architectural assistance sought but the ownâ€" er will probably find a Home Improvement Loan very much easier on the pocket than a large mortgage on a new home. Many of the larger homes lend themselves magnificently to renovation; small narrow rooms can be transformed by knocking down a wall or two and old faâ€" shioned fireplaces, once an eveâ€" sore, can become the focal point of distinction by the addition of stone from floor to c¢iling. Also, a good architect can do wonders with those awkward nooks and crannies so common but so offen charming in an older home. NOTHING IMPOSSIBLE Nothing is impossible, even reâ€" taining walls can be taken down and replaced with unobtrusive stee! beams. Thus that precious of all presentâ€"day commodities â€" space can be obtained. Shipp and his son, Harold, brought suburban Toronto Townâ€" ship to the city and opened a new era in house building with their Applewood Acres communâ€" ity in 1951, the same team of developerâ€"builders reverse the trend today and bring Bloor Street to Dixie Road. The firm‘s new 450â€"acre sion to wellâ€"established wood Heights straddles provide urban accommodation its <ophisticated best. Aptiv d scribing this hilltop orchard ting the new community has named Applewood Hills. Ca Double Check The One You‘ve Got you. G. S. Shipp, President of G. S !expendzlure on the program will| percent of the total projected for _ every "Shippâ€"Built" comâ€" Shipp and Son Limited, anâ€"|exceed sixty million dollars ; family units in the combined|UNitY in the past and is a builtâ€" nounces the latest addition to the| Trendâ€"setting as the original Applewood area. In all, G. $.|in feature of their current proâ€" Shipp family of fine communiâ€"| Applewood Acres was, Shipp‘s! Shipp and Son Limited plan to | Etm ties: "Applewood Hil!s", Synonyâ€") new Applewood Hills reflects the place their famous signature| G. S. Shipp and Son Limited mous with good surburan livâ€") grow.ng urbanization of the subâ€"| bricks on 4.823 family units. | continues its fortyâ€"yearâ€"old poâ€" ing, "Applewood" has been the urbs. Still recognizing the desire Bulidozers and earth movers licy of building and planning for prefix to two residential areas of many for egoâ€"satisfying, staâ€"| are busy these days cutting new the family. Emphasis is placed since 1951 â€" Applewood Acres.‘tus â€" building detached homes, avenues, courts, roads, and creâ€"|by their designers on minimum followed by Applewood Heights|most of the land area of the new scents through some of the finest| maintenance and mavimum enn. Father, Son Build 2,000 Homes Tackle Another 450 Acre Area mous with good surburan livâ€" ing, "Applewood" has been the prefix to two residential areas since 1951 â€" Applewood Acres. followed by Applewood Heights in 1959 and now â€" Applewood "New houses are larger. 376 per cent of the N.H.A. financed houses in 1963 contained more than 1,200 square feet of floor area. In the previous year only 31.6 per cent contained more upwards because of an increase in land costs and a demand for larger finished floor areas. The average sale price of new NHA. houses increased more than $450 to $15.682 in 1963 from an average of $15,233 in 1962. _the Shipp fanm Thirteen vears weh wt »° ORDER o % DECORATIVE PLYWOODS FOR CUPBOARDS Â¥ ARBORITE and PLYWOOD CUT TO SIZE * CUPBOARD DOORS and DRAWERS MADE TO 25% OFF PENFOUND PAINTS late MIMICO e Road a PLYWOOD & TILE 377 ROYAL YORK ROAD Home Improvement JUST PHONE CL. 1â€"9412 CENTRE Capital Cellars too can be attractively renovated into good useable livâ€" ing areas. Floors can be lowered to allow for proper height, winâ€" dows enlarged to direct in light and the wide variety of wood and synthetic panelings now available make renovation not only a breeze but simple enough Second floor remodelling is usuaily quite simple in an old home where the "boxâ€"car" bedâ€" room can be converted into a brand new bath and dressing room. Where there are too many bedrooms with little else but crawl space knock down a dividâ€" ing wall and you‘ll likely have a If you‘ve space either side, back or front, an architect can draw up plans that can comâ€" pletely _ transform | the â€" small home and provide all the space necessary for a growing family. Similariy, additions can he built up if ground space is not availâ€" able. This the writer has seen done to perfection on a small twoâ€"bedroom house in a Metro suburb. The bouse was situated on a small 40â€"foot lot with a gloriâ€" ous ravine view at back which the original builder had failed to incorporate when choosing a deâ€" sign. A complete upper floor was added providing two enormous rooms with bath and walkâ€"out verandah overlooking the ravine and surrounding landscape. The lower back bedroom (converted into a study) was equipped with a french window opening out onto a wide patio beneath which the garage had been extended to provide room for two cars. The house consequently doubled in value although the price of conâ€" version was but a quarter of the total cost. offer. What to do ROOM ABOVE VERY REASONABLE Another way to add space to a small home with builtâ€"om garage, is to build a room and bath above the garage. This is partiâ€" cularly reasonable if the garage is built into the house. The roof is already there all that is reâ€" quired is the lowering of the garage floor. The cost is infiniâ€" tesimal in comparison to that which may be incurred in huyâ€" ing and selling. in 1957, land « for lots) have cent since 1957 than 1200 square feet of living space. The average house built in 1963 contained a floor area of 1,204 square feet compared to 1,189 square feet in 1962. Conâ€" struction costs per square foot increased slightly to $10.34 in 1963 from $10.26 in 1962 While building costs per square foot are the same now as they were in 1957, land costs (prices paid for lots) have increased 32 per Garden Co rcom no fift acqu ... AS WELL AS FOR NEW ONES Court Homes will ac r three percent. an ind highâ€"rise apartment percent of the combined . fifty d with a Small House modern $4y 7 'VG; PP )( Heating can be done electricâ€" ally or by duct and the addition of a booster on the furnace â€" even a brand new furnace will cost considerably less than changing houses. Add to this, one of the new ornamental open fireplaces, | strategically â€" placed and you‘ll never want to move. LOCATION IMPORTANT The one thing to keep in mind when considering more space is the proven fact that you already know what you‘ve got and it might be a whole lot better than what you haven‘t got. Of utmost importance is location. If you enjoy unlimited transportation conveniences to acquire the same along with a larger house may be out of the question financiâ€" ally, And to settle for a larger house in an outâ€"ofâ€"theâ€"way suâ€" burh may incur chauffeur probâ€" lems for a young family for a number of vears. to do oneself. Even damp baseâ€" ments are no longer a problem. Waterproofing â€" companies â€" are now so confident of their work that they will give a fiveâ€"year guarantee. So, as advised in the beginâ€" ning, don‘t sel} until you‘ve thorâ€" oughly investigated present posâ€" sibilities. You may very well end up with something very much better than you could buy â€"â€" and for a lot less monev. families including the lage «‘olâ€" onel T. L. Kennedy‘s, Jagkaun's, Pallett‘s, and Allison‘s. Street names break with the Shipp tradition of naming streets after oceanâ€"going ships from Llovd‘s Register and employ naâ€" tureâ€"‘ore and Indian connotaâ€" tions, eg. Lonefeather Crescent, Winding Trail, Grey Ow!l Point, and Golden Orchard Drive. Exâ€" tensive parklands totalling some 70 actes, or nearly 12% of the total land area, and greenâ€"belt areas have been set aside to reâ€" tain the natural beauty of this "Families are larger, averagâ€" ing 1.92 children per family in The little Etobicoke Creek winds lazily through the central portion of the community and affords the planners and buildâ€" "Home buyers are younger. The average age of N.H.A. borâ€" rowers (was 345 years in 1963; 56 per cent were under 35 years of age. In 1950, only §2.5 per cent were under 35 years old. Last year, 71.9 per cent of the buyers were firstâ€"time buyers," the TREB official noted. illâ€"top BUYER LOOKS DIFFERENT CALL US ANY HOUR A. E. LePAGE KINGSWAY OFFICE 2842 Bloor W. WESTWAY OFFICE ird lands of Dixie. f WESTWAY PLAZA Kipling and Dixon Rd. house hunting or selling with confidence REALTOR LIMITED ed BE. 3â€"2111 CH. 1â€"8565 |facilities for the younger memâ€" ‘bers of the families, and the tDixie Curling Club for the adult members to enjoy. |1963 compared to 187 in 196%, 1.83 in 1961 and 124 in 1950. 31 per cent of the buyers had [thnt or more children in 1963 compared to 12 per cent with three or more children in 1950," | Mr. Treleaven revealed. BUY NowW > "Now is the best time to buy a home because never before have there been bigger and betâ€" ter homes with lower price tags in relation to incomes." Many materials found in the home take on a dingy secondâ€" hand appearance after only a few years‘ use. Not so with wood paneling and wood furniture. They gain added luster and richness of tone from continued use, advises Ontario Retail Lumâ€" ber Dealers Association. The first phase of the new Applewood Hills building proâ€" gram will feature single family detached homes in the $23,000 to $32,000 price range with down payments as low as $4,000. Two new public schools and a $1,800,â€" 000. "Applewood Heights Secâ€" ondary School" are planned to serve the area. Within its bounâ€" daries, neighbourhood shopping facilities are planned to augment adequate facilities already in the area served by five major plazas. The Applewood Communities are unique in that they have adâ€" jacent to them the Dixie Arena providing skating and hockey Construction of the allâ€"new home models commenced Sepâ€" tember 1 with final completion over the next three years. "For the first time in years, owners of older homes are disâ€" covering that they cannot exâ€" pect to make an automatic proâ€" fit when they sell." ‘"There is a buyer‘s market for resale houses as well as for new ones. So, if you are in the marâ€" ket for a house at all, shop both parts of the market," Mr. Treâ€" leaven concluded. G. S. Shipp and Son Limited continues its fortyâ€"vearâ€"old poâ€" licy of building and planning for the family. Emphasis is placed by their designers on minimum maintenance and maximum conâ€" venience for the houseâ€"wife Style trends are modern without being faddish or "wayâ€"out" and ensure long term real estate reâ€" sale value. ers excellent opportunity for naâ€" tural ravine lots and quiet neighâ€" bourhood parks. Close to oneâ€" third of the home sites are in this category. Sound street planning and the conservation of existing trees has spelled success for every "Shippâ€"Built" comâ€" Reg. Price $103.70 to $485.75 CLEARANCE W. S. Beecraft BATHTUBS 14 RECESSED CAST IRON WHITE & COLOURED SOME MARKED PUBLIC & HEATING SUPPLIES $30.00 up 278â€"8745 LIMITED of This tip is offered by the Onâ€" tario Retail Lumber Dealers Asâ€" sociation, because Uâ€"value tells the story of how the walls (or roof or floors) of a house perâ€" form in keeping heat out in sumâ€" mer and inside in winter. It‘s a term used by engineers to meaâ€" sure how much heat is transâ€" mitted through the total comâ€" bination of materials and air space that make up the shell of a house. Cool In Summer, Warm In Winter Wood Good Insulator Shopping for a house* Better get acquainted with its Uâ€"value â€"â€" if you value summer coolness and winter warmth. Look for a type of construcâ€" tion that has a low U â€" value, which means a heat transmisâ€" sion rate, and you will be reâ€" warded with greater comfort and ecanomy, the Lumber Dealers Association advises. A low Uâ€" value provides savings on heatâ€" ing bills in winter, a cooler house in summer, and lower operating costs if you have air conditioning. Uâ€"values for conventional heat types of walls are listed by the whic American Society of Heating, l it t Refrigeration and Airâ€"conditionâ€" \heat ing Engineers Guide as follows: wall g I‘fngineers Guide as follows: wall Frame wall. wood siding, wood ‘.25. WE DELIVER YOUR LOCAL HOME IMPROVEMENT HEADQUARTERS For PANELLING, PAINTS & FINISHES, CEILING TILE Take your pictures to an experienced framer. The man who makes the frames knows best what will bring out the beauty in your pictures. All work done on the premises. We also have a choice selection of oil paintings, prints, molding and gifts. MULTIPLE LISTING SERVICE Before You Buy or Selt Consult a Member of The ENTER FROM DIXON RD. . . Topic Picture Frames... Valleyriew Towers 15 storeys high with panoramic view Recessed private balconies. Highâ€"speed elevators. Swimming pool (already installed). Tennis court. Indoor recreational areo. Mandy to 401, TTC and shopping. Variety of interesting floor layouts Adult Building Dream kitchen including breakfast area and builtin oven and burner. 50 HOUSES PER DAY Majestic 2â€"storey high lobby with horseshoe shaped merzanine. SOLD!!! SPACIOUS 2 and 3 BEDROOM SUITES *< IN LUMBER AND BUILDING SUPPUES * HANFORD LUMBER LTD. Just west of Islington Ave., over picturesque little bridge and onto acres of beautifully landâ€" scaped grounds falling gently into a shallow wooded valley with quaint little brook and you will find the gleaming Valleyview Towers, TORONTO REAL ESTATE BOARD "‘Introducing the Twin of Islington Towers" At Southwest Corner of Islingtom Ave. and Dixon Rd 3319 LAKE SHORE BLVD. W. PHONE 259â€"1371 Phone 247â€"3112 45 BETHRIDGE ROAD, REXDALE For $126 Million This Year CB Frame wall sheathing, 3 8" brick, lath, plester, furred â€" 31 8" concrete, lath, plaster, furâ€" red â€" .39 8" concrete block, 4" cut stune, plaster â€" 44 8" brick, no interior finish â€" sheathing, lath, plaster, 3% insuâ€" lation â€" .07 8" limestone or _ sandstone plaster â€" .63 Comparing typical frame and typical _ masonry _ construction from this list, the O.RL.D.A. points out that the solid brick wall, two courses wide, which has been furred, lathed, and plastered, has a Uâ€"value of .31. This means that it transmits fourâ€"andâ€"aâ€"half times as much heat as the insulated wood wall, which has a Uâ€"value of .07. And it transmits 23 per cent, more heat than the uninsulated wood wall, which has a U â€"value of Frame wall sheathing, 5s 48 Telephone 247â€"7487 wood siding, wood in. gypsum board brick facing, wood in. gypsum board