Tag Archive: land value

September 11, 2019

Rising Prices and Changing Expectations

__________   Rising Prices and Changing Expectations When I was young, Harlem (Manhattan’s northern neighbour) was synonymous with poverty. It was a working class borough with a well publicized crime problem which nonetheless served as an affordable hometown for those who had been priced out of the Manhattan real estate market. Harlem has changed. Today, the average per square foot price of a home in Harlem is well over $1000, or put into local perspective, 3 times ours. ‘What spurred... View Article

September 1, 2013

Collateral Damage

A good friend of mine is in the process of overseeing the sale of his parents’ home in an area of Toronto known as Hogs Hollow.    I’ve never been there, though they tell me it’s nice. In his words, it’s a ‘tear down,’ in an area sought after for its location and the prevailing size of lots in the neighbourhood. The list price? $2.2 million.    Scarcely 60 miles west of there, it is difficult to imagine a home in Guelph selling... View Article