Remax Cornwall
Insider Info
Residential Market Overview

Home prices in Cornwall and area continue to be among the most affordable in Canada. Low asking prices and attractive interest rates provide purchasers with home deals not readily found in other parts of the country. With its warmth and friendly small town atmosphere newcomers to the city quickly fit in.

Recent Activity
Home prices continue to rise as the economy remains strong, interest rates remain low, and there appears to be an abundance of buyers looking to either enter the housing market for the first time, or trade up.

Baby boomers in particular have demonstrated a trend towards moving upscale to either larger houses with more amenities, or houses on preferred lots. Waterfront lots have been in particularly high demand.

New Home Construction
Building permit values have been impressive over the past three years, particularly in the residential sector. In 2003, Cornwall experienced an increase of over 20% in the number of new family dwellings built over the same period last year.

Markell Construction continues to build the build their popular condominium complexes in the downtown core over looking Lamoureux Park. Activity has also been furious in the Noyar waterfront Subdvision on the old Courtauld's property in the east end, why two new subdivisons catering to seniors have also seen activity.

More Information
Whether its the peace and tranquility of the country or easy access to shopping, restaurants and local theatre found in the city, we're sure there is a home for you here. Our team of agents are ready to help you in your search.

Back to the Insider page.

Home · Property Listings · News and Events · Our Story · Our Team · Insider Info · Contact Us · Privacy · Site Map

RE/MAX Cornwall Realty Inc., Real Estate Brokerage
649 Second Street East, Cornwall, Ontario K6H 1Z7 · Tel: (613) 938-8100 · Fax: (613) 938-3295
Each RE/MAX Office is independently owned and operated.