With a humble population of about 20,000 permanent residents, you might’ve been forgiven for previously thinking that the community of Waterdown was just a sleepy little town somewhere in Ontario.
However, considering the rapid acceleration of key metrics in areas like population growth, urban development, and the demand for homes currently happening in Waterdown, this charming community is well and truly shaking its old reputation.
And, seeing as an increasing number of new residents join the community each year, we’re frequently quizzed about the local housing market.
Here’s what you can expect when buying a home in Waterdown.
The Architecture
The community of Waterdown as we know it today is still somewhat budding, so you won’t find too many century or heritage homes on the market here. Instead, you’ll find lots of bright and airy contemporary new-build homes featuring large open floor plans and modern amenities.
Depending on which neighbourhood you’re looking to buy in, there is some disparity between architectural styles, though essentially every home available on the market today will have been built within the last 20 years or so. That being said, there constantly seems to be new homes popping up across Waterdown with plans for future residential developments always in the works.
Although Waterdown’s architecture might not have the same history or character as some of the community’s neighbouring cities, one major positive is that these clean and updated newly-built homes rarely require any sort of major renovations or updates to make them move-in ready.
In fact, if you’re planning on investing in a pre-construction or new development, you’ll probably have the luxury of being able to choose your very own finishes as well!
Want to get a better idea of what Waterdown’s housing market looks like? Check out our collection of Waterdown’s latest Featured Listings here!
The Lot Sizes
Just like the homes here in Waterdown, many lots they’re positioned on are equally as grand and expansive. Due to the community’s relatively rural surroundings, new urban and suburban residential developers have essentially had free reign to take advantage of Waterdown’s generous amount of surrounding space to further expand the area’s footprint.
Fortunately for new residents, this means that almost all of Waterdown’s homes have been built on lots as large as their developers wish. Whatever your price range or square footage requirements, if you’re buying a standalone or detached home here, you can expect to have plenty of room to live and practise your favourite hobbies.
Additionally, if you’re arriving in Waterdown from much more cramped metropolitan centres nearby, you’ll find even the most modest of lot sizes here are much larger than the tight footprints you’ll have come to accept in cities like Toronto.
Looking for that perfect new community to set roots in? Whether you’re searching for a new home for you and your family or you’re moving on your own, Waterdown is an ideal place for you to be. Use these helpful links to get a better sense of what you should be looking for in a new home here:
The Amenities
When it comes to household amenities, the vast majority of Waterdown’s new-build contemporary homes don’t fall short in any department.
You can expect all of the luxuries of modern living in essentially all of the residences in Waterdown, including things like heated driveways, smart tech home systems, spa-like bathrooms and chef’s kitchens featuring updated appliances and large islands.
Outside of your house, you’ll always be just a quick jaunt away from Waterdown’s ever-expanding list of nearby amenities within the community. Things like movie theatres, supermarkets, big-box stores and both franchised and locally-owned restaurants and cafes are very easy to find in Waterdown’s main commercial areas.
Over the course of any real estate transaction, the benefits of working with a local agent can make enormous bottom-line differences. Learn more about Why You Should Work With A Local Agent here.
Whatever you’re in need of, you’ll be sure to find it in Waterdown. However, if there’s anything you can’t find here yet, a quick trip into two of Ontario’s fastest-growing cities in Hamilton and Burlington are just minutes away. Or, if it’s more of a high-street boutique shopping experience you’re looking for, Waterdown is always just under an hour’s drive away from downtown Toronto.
Get more in-depth information about the long list of amenities Waterdown has to offer by reading some more of our detailed community-focused content here:
The Cost
One of the best aspects of buying a property or investing in Waterdown’s real estate market is that the value for money found in the community is next to unbeatable across the province.
While you’ll still find that Waterdown’s most spacious and recently updated detached single-family homes are listed within the upper echelons of the price bracket (think: seven figures and above), there are a plethora of homes available here for every budget. The best part is, the value of Waterdown’s homes will also continue to rise as the community expands over time.
As Waterdown’s real estate market is constantly adapting to the growing needs of its expanding population, those who already own real estate here are experiencing huge increases in the market value of their properties. So, whatever you pay for a new home now, you can feel safe about the long-term investment value of your property.
Does the idea of investing in a smaller, rapidly expanding community like Waterdown make perfect sense for your portfolio? Learn more about how we help investors with our local market insight by learning about how to Become A Real Estate Investor with us here.
Want to learn more about what it means to work with us? Learn more about our approach to helping clients purchase a home by clicking on our handy buyer-related links here:
