4 Reasons to buy a home in 2016

Beaumont condo project is an exclusive offer for a limited time.

Find out why 2016 is the best time to purchase your new home and why Beaumont is your best investment.

Investing in the future

Making the decision to buy a home is huge. While location is arguably the most important factor, timing may also have a big impact on what you pay. The best time to buy is in the winter or in the fall when sellers are often very motivated to sell. There are also typically fewer buyers in the marketplace, so there is less competition, and as a bonus pricing has stopped rising and plateaued.

Now is the opportunity to buy, which is why Beaumont is offering for a limited time, special pre-construction plans and pricing adapted to our client’s needs. If you decide to invest in the real estate market you should meet or speak with one of our trusted real-estate agents who can help you navigate the landscape of your purchasing decision.

If you are not yet convinced here are 4 reasons to buy NOW:

         1. Mortgage Interest Rates Are Low Again

Currently mortgage rates have been bouncing around record lows for a while now, they’re likely to start going up in the following year, now is your chance to get a deal on a home. Furthermore, the economic market situation is inspiring people to buy in Montreal from abroad given the low Canadian dollar; this is causing properties to actually fly of the market in under 2 months. For these two reasons alone, if you are looking for a new home, or perhaps just an investment property, this is the time to step up and put your money where your mind is.

“You are likely to get the best rate you will possibly see, perhaps in your lifetime this year, certainly more in the earlier part of 2016” said Veulet, real estate broker.

2. Tenants Often Prefer A Private Landlord

If your looking for a good investment, there is nothing more sound than real estate. I believe most people would prefer to rent from a good private landlord. The security of knowing that only your landlord has the key to your home can be reassuring, while for some the opportunity to eventually purchase the apartment through a lease with option-to-buy, or lease-purchase contract is attractive. If you have a short-term investment strategy and can buy the property that fits your budget, this would be a very interesting strategy for parents buying apartments for their children going to school away from home. The opportunity cost makes a lot of sense. It also increases the likelihood that your tenant will keep the place in good shape.

         3. Location, Location, Location

One of the aspects that makes Beaumont so unique is that it is the only new development foreseen in the Monkland-NDG neighbourhood providing a cache (?) of “location exclusivity” to this market. At the moment, there are no other condo project plans in this area . The ability to be walking distance to all your leisure activities, basic needs, entertainment and public transportation, only 15 min from the downtown core in a new and luxurious decorated environment, is a once in your lifetime opportunity. You might want to consider relocating to this area where you can get a nice property for a reasonable price. Maybe it is also time to downsize to a home that meets your future needs? You may want to be spending less time on maintaining a large home and more on quality of lifestyle. Le Beaumont has this to offer and a whole lot more.

        4. Real Estate Is A Great Long-Term Investment

Regardless of the recent crisis; real estate is still a good long-term investment. If you look back 20 years, real estate is still valued much higher than it was. For those currently renting, take note that rent prices are expected to continue to climb in 2016, which means buying will be cheaper than renting.

Here is a few thoughts from a current buyer when asked why he invested at Beaumont:

“What I love about the project is the quality. It has a feel of first class all the way. Go through the show room to see models of the kitchen and bathroom and all you see is beauty.” – J.D

Happy house hunting! Visit our sales office or call trusted agent Benoit if you will be investing in real estate in the near future.