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Montreal Houses for Sale - Montreal Resale Homes

Both Montreal new homes and Montreal resale homes have advantages and disadvantages, but as a rule of thumb, resale homes usually cost a little less than new homes in the same area. Many try buying Montreal resale homes with a view. Homes with a pleasant view of the horizon often sell at a premium above similar homes without the view. Terms like oceanfront, beach front, waterfront are used in real estate to express these premium locations. However, if a view is important to you, buy it mostly for your own pleasure and not as an investment. Though you may place a considerable dollar value on the view, future buyers may not be so like-minded. It may take you longer to find a buyer when it comes time to resell the house. Or you may end up dropping your price to more nearly match other sales prices in the Montreal neighbourhood. In short, if you are buying a house in Montreal with a view, try to pay as little extra as possible. Otherwise, you might not get your money back on your investment. Montreal resale homes vary in range from $250,000 to $1 million+. Most Montreal homes for sale are in the $300,000 price range. Resale homes for sale in Montreal are most easily found in Westmount, Outremont, Notre-Dame-de-Grâce, Hampstead, and Côte St-Luc.

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