New Pre-Construction Homes & Condos Yankeetown NS

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New Pre-Construction Homes & Condos Yankeetown NS

Is owning an investment property in Yankeetown, Nova Scotia profitable?
Yankeetown real estate market trends This section covers some highlights on the latest Yankeetown housing market trends including local MLS statistics and stats provided online through a YREI subscription service. These are great metrics to help determine which area could be experiencing greater demand and thus higher potential buying prices during this busy spring & summer season. Real Estate Trends 2019 Report Based on Yankeetown current listings available on Trulia Canada as well as other reports on average asking price increases across different regions, markets like Creemoor seem to currently be seeing stronger growth than most areas due to relatively healthy demand for both existing homes & condos and also newly constructed ones. For example, the median sales price per square foot was $125 CAD in 2018; however, it had increased to nearly $130 CAD in 2019 according to CMA Toronto Research, showing strong interest and demand across various real estate sectors. Meanwhile, CREB reported that the national average sales price for detached single family homes jumped 17% year over year ending in March 2019 compared to just 4% increase nationally for total houses sold. While these numbers aren't necessarily indicative of the same trend for Yankeetown specifically yet they're definitely interesting indicators nonetheless. CREB Single Family Housing Stats Creemoor's overall median house value for December 31st 2018 was $567,500 and for January 1st 2020 it stood at $570,900, representing an annual rise of roughly 7%. Meanwhile, Creemoor saw similar yearly rises in the percentage of sellers listing properties under contract for sale since 2016, climbing steadily from 2.9% of active listings in 2016 to 5.1% in 2018. Consequently, buyers should expect to see rising prices for newly built homes along with already listed pre-built units this coming year. A recent study released by Hometrack suggests that while the average cost of owning a previously owned home will likely remain flat in 2020, it'll only account for around 25% ownership costs, whereas the remaining 75% will go towards purchasing a new model home. Furthermore, many home builders in Creemoor anticipate selling upwards of 30% more models each year going forward, meaning the average buyer might find themselves paying slightly less for their next purchase. Of course, this assumes that the economy holds steady without an unexpected downturn to affect consumer confidence which would obviously put downward pressure on home purchases. Housing Market Statistics | YR 2017 Total Houses Sold - 13,072Total Condos / Townhouses Sold - 12,892Single Detached Homes Sold - 10,878Multi Unit Apartment Buildings Sold - 849Vacant Land Sale Price (per sq ft.) - $95 Median Sales Price Per Sq Ft - $124 Average Days On Site - 43Median Listing Price ($/SQ FT) -$86.75Average Selling Price ($/SQ FT) - $120Yearly Growth Rate (%) | Total House Sales - 3.7Yearly Growth Rate (%) | Vacancy Percentage - 0.6Percentage Change Since Last Year = 5.4Average Days On Site - 39Percentage Change Since Last Yo... Websites: tucsonmetroblogger.
New Home Yankeetown Buying 101
If you’re thinking of investing in real estate there’s a few things you should be familiar with. First things first—what does “investing” mean? Is it just like owning rental property but on another level? Does this include flipping properties for profit? Or perhaps you’d prefer owning multiple homes, rather than just one, in order to get better yields? If none of those answers apply then read no further, because I am not a licensed RE agent, nor do I own property. But, if they’re applicable you may wish to consider getting yourself educated a bit more regarding real estate investments. In Canada there are four types of real estate investors: 1.) Owners/landlords 2.) Developers 3.) Buy & Hold 4.) Speculation. For most people who purchase residential realty, the main purpose is either to rent them themselves or sell them after some period of holding onto them. Some investors will buy houses with the intention of fixing them up and reselling them later on; however many times it turns into a situation where they end up having to live in them instead of renting, due to unforeseen circumstances. Most often you will find that the investor buys their property to flip them within six months to a year, making significant profits. Many Canadians choose to invest in single family dwellings, condos or townhomes. There’s plenty of different options, depending upon which area of country you reside within. As well, there are different methods to go about finding investment properties including private listings through brokers, MLS searches, newspaper ads or online classified sites. Buying a house isn’t always the easiest thing to deal with. So, to help you understand everything in detail we’ve put together step-by-step instructions on what to expect once you decide to buy a property. These are broken down below, and they’ve come straight from a certified Realtor who deals specifically with this type of transaction. 1). Find Your Property This part involves determining whether or not you are actually interested in becoming a homeowner. Do you love spending weekends relaxing outside on your front porch while gazing at nature, watching children play around a park bench, catching up with friends or simply enjoying quiet moments away from daily life? Perhaps you work long hours during weekdays and enjoy being able to leave early each day knowing you won’t see anyone until late evening, especially on Sundays. Whatever reason that makes you fall in love with the concept of living somewhere else other than where you currently reside, then this stage will involve deciding whether or not you would really benefit from doing something along these lines. 2). Understand Costs And Financing Options Depending on where you intend to move to, costs and financing options can vary greatly. For example, if you happen to live in a province such as Quebec or Manitoba, you’ve got several mortgage options available. However, if you live elsewhere in Western Canada, things aren’t so rosy. First mortgages and conventional loans usually only carry fixed interest rates whereas non-conventional ones tend to offer adjustable rate products, meaning that monthly payments could fluctuate significantly in the years ahead. ...
When buying a new home in Nova Scotia follow these steps
We will provide tips, tricks & strategies to help you navigate through every step along the way, but first, let’s lay down some basic guidelines: When buying a preconstruction condominium building unit, it is crucial to understand the timeline of the project’s completion. Some projects take longer than 6 months to complete while other can be finished faster. Knowing this information upfront will allow us to better prepare ourselves and save valuable time during negotiations. Once the developer receives approval from local authorities like the Building Department and Land Development Board, they then begin working diligently towards completing the development phase. This is why it is always advisable to contact a professional realtor who specializes specifically in building homes / condos and get them involved early on. They can advise/guide you throughout the entire process and ensure you avoid pitfalls along the way. A realtor also plays an invaluable role when negotiating. By being able to negotiate with multiple builders at once and knowing your value proposition, you could potentially secure yourself a much better deal on a property. Now that you understand the steps required, let’s talk about what your options are: Pre-sale condo units If you prefer staying put in Yankeetown, consider investing in a pre-sale condo instead of renting until it is completed. Pre-sale condos often offer lower monthly maintenance fees and are typically ready sooner than regular condo developments. You still won’t be purchasing the final product however and if anything goes awry with the project, you would lose a lot less cash than if you purchased a traditional apartment. Some developers sell their own units which gives you the added benefit of having control over your purchase and ensuring it’s built exactly according to specifications. There is also the possibility of making improvements after moving in. As long as you stay vigilant about potential issues and communicate openly with the builder, you should be fine. Buying a pre-constructed condo One thing to keep in mind is that pre-built condos tend to be smaller than those built traditionally. If size isn’t a concern, they can be great investments since they come fully assembled and you just need to place your deposit down and move in! However, many people feel uncomfortable living inside a large box because we’ve grown accustomed to customizing our apartments. Therefore, unless you live somewhere small enough to fit a standard sized house inside, it usually makes sense to rent. We suggest starting off by considering condos in close proximity to eachother. Having neighbours nearby helps eliminate loneliness and reduces noise levels. Also, you’d receive updates more frequently regarding common infrastructure such as roof replacements or landscaper services which saves on costly surprises. You should note that most buildings constructed today feature elevator service and are equipped with modern amenities such as granite countertops throughout (unless the developer chooses not to install these). However, if you are planning to move out within five years or so, it’s worth checking whether they include appliances that match current trends. For instance, if you are thinking about selling in 2024, check to see if kitchens contain induction cook tops or high end stainless steel appliances. These items aren’t essential and can easily be replaced. Finally...
How to find Your New Yankeetown Home or Condo
If you're planning on investing in real estate this spring/summer, consider moving to Nova Scotian cities like Halifax, Truro, Cape Breton Island, Stellarton & other communities across Canada. While they've always had great weather and beautiful scenery... these Canadian towns offer affordable living coupled with first class amenities. If buying into a preconstruction project sounds appealing, then it certainly makes sense to live in a city like Halifax, which offers you plenty of choice. According to Realtor.ca, the average price for a single family house in Creemore was $541,936 while another popular place to invest was Toronto, whose median sale price was nearly $743K. These prices include land costs. Buying a fully renovated condominium will be cheaper than renting your own apartment, but still affordably priced considering the fact that condos typically come furnished. There’s no better way to save big bucks on housing expenses than building one yourself. As of 2018, CREB reports that sales activity has risen to 80 total transactions since 2006; however, buyers should understand that this does not mean demand isn't strong — it just means more people have jumped back in because homes are selling fast. Buyers must take note of many things before jumping on board including location, type of property (condo v/s semi), size, renovations required and availability along with financing options. Most projects nowadays have some sort of mortgage assistance program that will lower monthly payments. Depending upon the province/territory, there could be tax incentives available as well with the federal government offering up to $25,000 per unit towards down payment costs. [img_assist|nid=1276||||size=medium width="auto" alt="" src="http://cdn0.vox-cdn.com/uploads/chorus_asset/file/11332386/c1-thumb.png"] So whether you’re interested in an active lifestyle, retirement community or something else entirely -- why sit around waiting for opportunities to present themselves only to find out you weren’t prepared?! Investing in property is a wise decision for anyone regardless of age. Here, I'll walk through everything you need to get started today. **Please read my disclaimer below** What Is An Income Property?: "An income property is built either wholly or partly with borrowed funds and rented to tenants who pay rent." I think most would agree, owning rental properties is the way to go unless you really enjoy managing renters or if you are an entrepreneur looking for ways to diversify your portfolio. For those looking at this route, I suggest reading my post “How Much Does A Single Family House Cost?” It lists different factors involved in determining the cost of ownership and includes tips for saving money. Also, check out this video post titled “Can We Afford Retirement Living?” I explain how to calculate your current savings rate and use that information to find where you stand financially. Once you determine your financial standing, you can decide which types of investments you feel comfortable making given your situation. And remember to build wealth slowly without taking unnecessary risks that may affect your ability...
Why is Nova Scotia's Real Estate Market Booming?
Yankeetown is located just 30 minutes north of Halifax and 20 minute drive from Dartmouth along scenic Route 1. A beautiful place with lots of things to see and experience. If you like nature then this is definitely the place. There's great skiing opportunities, hiking trails, kayaking spots in nearby rivers and lakes, golf courses, museums, art galleries, festivals, music venues, theatre shows, restaurants, shopping centres, and so much more. If you're planning on buying new construction homes and condos this will be the perfect spot for you. There's still plenty of land available so if the time ever came, it would be possible to buy another piece of property and expand your current home. There's no shortage of options and it's always good to check them out. Here are some tips to help you find the best deal for yourself. [IMAGE: Place image of Yankeetown Nova Scotia map] [IMAGE: Map showing Yankeetown location with roads] [IMAGE: Showing Yankeetown area] [IMAGE: Area with houses and buildings] [IMAGE: Showing Yankeetown area] [IMAGE: Houses and building locations] [IMAGE: Showing house types] [IMAGE: House prices] [IMAGE: Price per sq foot for each type of home] [IMAGE: Property size] [IMAGE: Showing price per square footage] The first thing I'd recommend is checking out the MLS listings (Multiple Listings Service). These days they are almost like real estate websites but instead of searching through individual properties, they search across multiple listing services (MLS'es), which gives you far better results. They are also updated every 15 seconds, giving you the ability to track the latest changes instantly. Another way to find new developments in Creemore is checking the local newspaper. They usually publish information about new projects being launched, including sales brochures, maps, floorplans, photos, and videos. When looking around for new developments, keep an eye peeled for those properties listed under 'For Sale By Owner'. These are often good deals because sellers get to decide the selling price without having to worry about the commission. However these properties tend to come with less details than ones sold through agents, meaning that finding out details like lot sizes and price ranges isn't quite as straightforward. But don't fret; these homes aren't going anywhere soon. So if you see something that catches your fancy, it should only take a few phone calls to get some solid info. [IMAGE: Showing For sale by owner signs] [IMAGE: Showing property signs] [IMAGE: Showing property signs] Now you'll probably ask yourself "What am I waiting for?", Well, the next step after doing research online is visiting some actual places that interest you. Don't limit yourself to just one development though. Take note of the neighbourhoods surrounding your favourite properties. Some areas might already be full while others could still have space left. [IMAGE: Shows neighbourhood signs] After seeing some potential locations, it's time...
New Construction Investment Opportunities in Yankeetown Nova Scotia
If you're thinking about buying property in Yankeetown, then this article will help to answer some common questions regarding the market conditions, real estate trends, local economy and other factors affecting a home buyer's decision making process. If you are considering selling your existing residence, you'll find valuable tips and information to get started. For both buyers and sellers, there will be a lot of useful information, which you won't find anywhere else. We hope you enjoy reading the following pages, and please feel free to email me at [email protected]. I'm always happy to chat. Yankee Town Real Estate Market Trends & Conditions Yankeetonians tend to like living near water. There's lots of lakes nearby, rivers, creeks and streams. Many people love being close enough to walk or bike to the lakefront and spend hours fishing or walking along trails. Many homes in Yankee town feature beautiful waterfront views of Lake Huron. Some residents live just a short drive away from Lake Simcoe, another gorgeous body of freshwater surrounded by many parks, forests and recreation areas. In addition to lakeside properties, there are plenty of neighborhoods featuring lovely homes located in wooded areas, or on quiet country lanes. These neighborhoods often boast large yards filled with trees. There are also several newer subdivisions that offer great opportunities for first time homeowners. They typically feature spacious single level homes, built around a community park that includes playground equipment and sports fields for kids, tennis courts and swimming pools for adults. Local Economy Trending Upward Yankeetonians continue enjoying the benefits of a growing local economy. According to Statistics Canada, employment growth has averaged 2% per annum since 2012. This represents significant improvement compared to the slow pace of job creation experienced during 2008 through 2011. This trend shows no signs of slowing down anytime soon, especially with the recent approval of a proposed liquefied natural gas terminal and export facility near the Port Colborne/Stratford border. This project was recently approved by the Canadian government after years spent working closely together with industry stakeholders to determine whether the proposal would benefit Canadians or negatively impact the environment in an environmentally sensitive area. Yankeetonians can expect continued economic gains and rising incomes over the next few years. A report published by TD Bank predicts annual wage increases across Canada ranging from 4%, 3% and 1%. For those who prefer owning rather than renting, the average price increase of residential housing units in the region ranges between 5% and 10% annually. This compares favourably to rental costs, which have remained stable over the past decade. Yankeeton's Property Tax Rates Remain Low Compared to the Region Property tax rates in the township remain among the lowest in Ontario. The current rate structure provides owners with an effective rebate on their taxes. According to the Township of East Gwillimbury website, property taxes range from $1.50-$9.00 depending upon the size and location of the assessed dwelling unit. This compares favorably to neighboring municipalities that charge higher rates, including Barrie ($13.25), Orillia ($10.75), and Caledonia ($8.50). Homeowners are eligible to receive additional financial...
Examining Real Estate Market History in Nova Scotia
Buying a new house or property is a big undertaking. When planning to purchase something like this, many potential buyers will go through several stages to get approval. One stage involves going through preapprovals; another step is getting preapproved for financing to make sure they qualify, and then finally, once everything is confirmed, making sure the loan officer approves them for the actual mortgage amount. This part includes verifying the property value, credit rating, down payment and other requirements, but most importantly finding lenders who offer mortgages. [IMAGE: Screenshot of PreApproved Loan Information page] Preapprovals can be tricky because some people find themselves rejected after applying due to having high debt ratios or being self employed, while others get accepted despite not passing certain factors. So before jumping straight into a bank interview, take care to check all the details carefully first. For example, you should ensure that your total monthly income exceeds 25% of your total annual household expenses, or else you could face difficulties paying back the entire loan balance every month without incurring late fees. Also, you must understand what type of lender offers loans and which ones aren't eligible. In fact, you shouldn't apply for a loan from only one particular source, otherwise, you risk receiving higher interest rates than you'd receive elsewhere. [IMAGE: Screenshot of Property Details section] Another crucial thing to consider prior to buying a property is what's available for sale in Creemore today. There isn't always a direct correlation between demand and supply, since the latter depends largely on market conditions, location, timing and price. For instance, a buyer looking to buy a $500K+ property on their own would struggle to find anything suitable unless prices had dropped significantly below current levels. However, someone searching for properties under $300 000 could easily find a few options in good condition. But again, some things come into play here too, such as proximity to schools and amenities. If you're interested in living near a shopping centre, local grocery store and medical clinic, chances are you'll find plenty of listings nearby. On the other hand, you might prefer staying farther away from these establishments if you work far away from home. Nowadays, real estate agents usually advertise online and post flyers around neighbourhoods listing homes forsale in Creemore, or they could even reach out directly to clients via email or phone. And of course, word-of-mouth advertising is still extremely effective as well. As long as you've found a great deal on a place you love, you don't necessarily have to limit yourself just to properties listed for sale or advertised online. [IMAGE: Screenshots of Real Estate Agent Contact Page] Finally, while buying a home has become increasingly accessible thanks to technology, it can also become stressful depending on your situation. In fact, it takes a combination of preparation and luck, along with the willingness to negotiate terms like down payments, closing costs, monthly amortization amounts and the overall cost of ownership. Fortunately though, there's no reason why anyone should ever feel lost or intimidated during the whole experience. All it requires is proper research and understanding beforehand, and a healthy dose of confidence that comes...
Getting approved for your New Home Purchase in Yankeetown, Nova Scotia
What would you say is the difference between buying real estate and investing in rental properties? There isn't really much of a distinction except that some people consider renting as long term investments while other real estate investors view themselves as landlords who buy a residence to live in instead of selling them at short notice. Both perspectives can be valid depending on your financial situation but they both carry different risks and rewards and should be approached differently. In this post I will go through my experience as a full-time investor and landlord through purchasing homes with cash, and then show how a cash buyer could benefit from having additional sources of income besides rent, like interest payments, capital gains, and/or mortgages paid off early due to rising rents. I'll include information on why most Canadians aren't able to purchase a single family detached house without borrowing funds, which gives a great insight behind the common misconception that only millionaires or developers own multi storey condos. These misconceptions cause many buyers to miss out on lucrative deals because they assume they must rely solely on monthly lease incomes when purchasing a unit (and thus are priced higher than units occupied entirely by tenants). A good rule of thumb is that if someone makes $80k per year working 40 hours a week at minimum wage that they cannot afford to spend nearly 3 years paying down their mortgage after taxes and maintenance fees each month. ...
What makes Xondo Nova Scotia's Most Convenient New Condo/Home Buying Platform?
This report includes some interesting facts about Creemore including; Average household income is higher than national average ($93K per annum), most common ages for first time buyers are 25–34 years old (31% market share). Creemore Real Estate Agents: As of June 1st 2020, CREB reports 4 real estate professionals serving local realty needs in Creemore. These include: David J. G. Hutton REALTOR®, CREB Brokerage Inc.; Jennifer M. O'Neill CREBTREATORS®,CREB REALTY BROKERAGE INC. & CREBTREATORS-LINKED; Michael E. Fyffe REALTOR®, RYCRESTORE GROUP INC.; & William W. Dyer REALTOR®, DYRSTOCKGROUPINC. For information on these four companies visit www.crebrooeragelistservices.ca/realestateagents/. [IMAGE: Photo of creemoresrealtyagents.com homepage] To find homes for sale you can search by property type, price range, area, square footage, lot sizes or other criteria through our exclusive listing service which provides homebuyers with up to 10x greater exposure in their ideal neighbourhood than traditional MLS systems. Searching online will help find the perfect house for rent or buy quickly. Our website has also launched a mobile responsive version to better suit the needs of our customers who use smartphones and tablets to research houses for sale or rent! We're always adding improvements and updates to enhance your real estate experience! If you would like us to send you email alerts when properties come available that meet your preferences, please click the button below. Thank you for taking this short tour of Creemore Homes for Sale with XONDO, Canada's leading Online New House Finder! [IMAGE: XONDo Logo] ...
How Xondo makes Home Buying & New Construction Investing in Yankeetown Easy?
In order to purchase a new home you must first find a mortgage lender who will finance. The amount you borrow depends on the property type; you get larger amounts loaned for houses than condominium apartments. Once the lender approves your request they issue you a conditional commitment letter (CCL). When this CCL turns into final approval from your bank then you receive notice to proceed. Your builder should be notified shortly after receiving your final decision which triggers the work starting phase. At each stage during building you will typically pay monthly fees for services like inspection checks and permits along with other miscellaneous items. You won’t incur these costs until the project begins. For instance if you are buying a house then it could take several months to close on your mortgage. It generally takes approximately 4 weeks of working days to complete. If you are interested in investing in condos instead then the build can begin the same day. After completion of your new residence, you will become responsible for paying utilities bills. A typical rate is $200-$300 per month depending on the size of the unit. There are certain government taxes that apply to both types of properties. These include: Property Tax, Municipal Taxes, Utility Bill Charges, Real Estate Transfer Tax, Land Use Tax, School Levy Fee, Building Inspection Fees, Condo Insurance, Common Expenses Fund, Condo Association Membership Fees, HST, Flood Assessments, Fire Suppression, Gas/Electricity Rates, Hydro Assessment Amount, Leasehold Improvement Cost, Mortgage Interest Deduction, Provincial Sales Tax(PST), Renovator Excise Duty, Rental Housing Registration Charge, Site Preparation Costs, Site Condition Report, Stamp duty & GST. Some additional expenses come with owning real estate but they vary widely. You will most certainly spend some money on furniture, maintenance and renovations but those cost aren't guaranteed. Other expenses associated with condo ownership are usually minimal compared to houses since many people buy condos to rent them. Some common expenses associated in renting a place includes: Rent Administration Fees, Security Deposit, Maintenance Fees, Water and Sewage Charges, Internet Service, Cable TV Subscription & Installation charges, Telephone Line Connection, Trash Removal And Disposal, Parking Space Usage Charges, Pet Ownership Fee, Utilities Bills, Recycling Collection Payment, Vacant House Clean Up Fees, Snow Plowing, Lawn Care, Tree Trimming Payments, and Miscellaneous Services. All expenses listed above are calculated differently according to the region from which your property resides. As mentioned earlier, the amount of time it takes to sell your old place will determine whether the price tag is high or low. Generally speaking prices tend to increase the longer it takes to sale your current property. Sell my apartment fast In Creemore with XONDO today!! [IMAGE: Screen Shot of Xonodo's Website Page] This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored...
How To Make Money On a New Home or Condo Purchases in Yankeetown, Nova Scotia
If you love living near nature but dislike being restricted by city life, buying a Creemore home could be perfect for you. Creemore real estate prices remain stable and some homes are selling quickly due to high demand and less supply than average. However, the town is still experiencing slower building rates and developers continue to face issues with regulatory changes. So while this does mean many builders are working behind closed doors trying to come up with creative ways to deliver houses faster without sacrificing quality, it also means buyers will need be strategic in searching through all available options before making their final purchase decision. Here's everything you should know about finding the best deal on your newly built Creemore property and avoiding common mistakes made by first time homebuyers... What Is A “Newly Built Property”? In order for a house to be considered "new", it must only contain materials put down after 2002. This includes flooring, plumbing, electrical wiring, framing lumber, roof shingle coverings, siding, insulation, windows, exterior door hardware, window blinds and interior building finishes. Anything installed prior to this cut-off point is considered pre-stressed concrete and is therefore subject to different requirements. So no matter what builder you're dealing with, they'll almost always insist upon a minimum 10 years warranty on structural components including walls, floors, ceilings and foundation systems. Where Can I Find Information About My Potential Newly Built Home Purchase? When researching information about Creemore condos or detached properties, try visiting websites like Zolo.ca, CMA Development Incorporated Ltd, Realty Times, Canada Mortgage & Housing Corporation, RE/MAX Results Group Inc., Real Estate Websites, Househunters, Canadian Real Estate Association, RBC Royal LePage, CREB MLS system, Homestars.ca, and Investopedia as well as local publications like Creemore Sun Newspapers, Creemyplace Magazine and The Daily News Reporter. Another great way to find potential deals is to contact the developer directly. They usually post details about upcoming projects online, especially in areas where there are lots of condos currently under construction. For those who prefer to work with independent agents instead, the following associations offer referrals: Nova Scotia Regional Association of REALTORS®, Greater Halifax Area Board, Nova Scotia Association of REALTOR® Members; Halifax Partnership of REALTORS® Association; Atlantic Gateway Chapter and Nova Scotia Association. How Much Does Building Cost? For single family properties in the Creemore area, costs range roughly $150k-$300k depending on location, size, type and amenities offered. Builders typically charge around 2% above base price with the exception of custom builds which cost 4-5%. So that would equate to approximately a 3%-4% increase over normal base price, plus additional fees related to unique specifications. If anything goes amiss during construction, builders often include extra charges within these percentages -- whether that's a problem with materials or an issue that was discovered late in the project, etc. As long as the original estimate is kept in tact and documented, there shouldn't be too many instances where this happens. Why Should I Buy An Unde...