SproutNews logo

Booming Real Estate In Barrie Ontario Makes Cost Of A New Roof A Peak Investment

The real estate market in Barrie is on track to grow faster than any other region in Canada over the next five years. Home owners are looking for any way they can to increase the value of their investment.

Toronto, Canada – December 15, 2016 /PressCable/ —

The roofing industry in Barrie Ontario is currently booming, with 186 different companies listed in the Yellow Pages.

This reflects the current demand for roof repair and replacement in Barrie – the industry is currently enjoying a successful period.

To those in the real estate business, though, this isn’t surprising.

A recent report from Moody’s Analytics has shown houses in Barrie are on track to appreciate in value faster than any other city in the country.

The report shows that Barrie property value will grow an average of 7.9% steadily over the next five years. Meanwhile, Toronto properties are expected to grow at 6.7%.

“It seems to be the happening place,” Moody’s senior economist Andres Carbacho-Burgos was quoted as saying in The Globe And Mail. He suggested that part of this resurgence may be a spillover from Toronto’s skyrocketing real estate prices, where detatched homes reached an average of $1.28 million in May of this year.

In the face of this growth, savvy homeowners are looking to get the strongest return on their home investment. And a new roof is a great way to do that.

While it’s different from home to home, a new roof can add anywhere from ten to forty percent onto the current value of a home.

And with the average home price in Barrie currently sitting at $409,015 according to stats kept by the Canadian Real Estate Association, a ten to forty percent increase is nothing to sneeze at.

Meanwhile, the average cost of a new roof can vary depending on what the homeowner is looking for and how much repair work needs to be done. Most roofing companies are happy to provide free or low-cost quotes to help homeowners decide whether or not roof repair makes sense.

Brad Edwards, chief marketing strategist for Cloud Surfing Media, had this to say on the subject:

“Living in Toronto, I’ve seen what happens when the real estate market skyrockets. As more people in Barrie become interested in improving their homes, the roofing industry will benefit. Smart roofers will jump on this opportunity now to position their business as the top dog in Barrie before their competitors do.”

To find out more about the cost of a new roof in Barrie, click here – http://www.moreclients60days.com/barrieroofer

For more information, please visit http://www.cloudsurfingmedia.com

Contact Info:
Name: Brad Edwards
Organization: Cloud Surfing Media
Address: 301-329 The West Mall, Toronto, M9C 1E1 Canada

Release ID: 155054

Go Top