For those who’ve been keeping tabs on the property market, there have been a few consistently strong performers over the last few years. Some that we can think of immediately have been places like High Park Residences (a recent transaction in Oct 2023 nearly hit $1 million in profit) or Seaside Residences. But there are also others who have had.
The fundamentals that affect your property price – such as location, lease decay, state of maintenance, etc. – are relatively easy to spot. Most realtors and valuation companies have broadly similar checklists. However, we often get questions on why, even if a property checks all the right boxes, it can sometimes fetch lower offers. This is where the puzzling part.