Townhomes in Orleans – A little analysis

I recently dug into the sales activity in my neighborhood of over 27 years – ORLEANS.

I wanted to look at the most popular housing in my age group – TOWNHOMES.

I identified what price ranges all the activity is happening in – here it is (I plotted it in an MS PAINT graph to make it easier to understand):

As you can see, most of the activity flows around 250K.

Lets say you put 5% down, or $12,500 – your mortgage amount would be $237,500.

Your MORTGAGE PAYMENTS would be around $1,070.00 with todays posted rates from one of my recommended mortgage brokers.

Are you paying more than that in RENT right now? I sure hope not!

You should know, this number does not include payments on  mortgage insurance or property taxes – which you can very well pay seperately.

One last thing – almost all of these towns sold within a 1km radius of Innes and Tenth Line!

Coincidence that this is the kind of house I’ve been helping people buy in that area?

I am where the market needs me to be!

Cheers