The Best of Milton Real Estate

How special it feels to be living or moving in to a place which is the fastest growing municipality in the Golden Horseshoe. Fastest growth means more development, better opportunities and modern architecture. You will be able to find various kind of flats, apartments and houses fulfilling all of your needs.

Whether you want compact apartments and houses for your single use or your small family, maybe you want a massive house built with wide rooms and bedrooms for your large family, or maybe you want to go for more luxurious villas… you will get well-built real estate of your choice in Milton.


Milton is the fastest growing municipality according to the census conducted in 2006 and 2011. The census showed that Milton is experiencing approx. 71% rise in population from the year 2001 to 2006 and saw roughly a 56% surge in population from 2006 to 2011. The population of Milton, in 2014, is approximately 100,000, but as it is growing rapidly, its population in 2031 is forecasted to be approx. 220,000.

You will also have no problem communicating with the people in Milton as approximately 70% of the population are native English speakers, according to the census of 2011. The remaining 30% people can also communicate in English as their secondary language.

Residency and Growth

With population, the residential growth also saw a massive increase in Milton. This is also due to the successful completion of the project dubbed “the big pipe”, which was about making a piping structure which will deliver water from Lake Ontario to Milton.

By 2006, Milton had 7 new subdivisions, which included Hawthorne Village. Many new subdivisions from the list are developing, which means that there will be constant development – which is the secret of developed regions.

The council of Milton, in 2014, approved the making of more homes in Milton, which saw a surge of 25,000 residents. Moreover, there are vast numbers of home constructions at any given time in Milton, which is attracting more and more residents. In the numbers of residents, there is a fair amount of people coming from other areas of Ontario too.


The town has an easy access to the highway 401 and 407 from Oakville and Hamilton. The town has its carriage railway lines for consignments. It has railway transportation service for passengers from Go transit and Via Rail.

If you take the highway 401, you are only 40 km far from the largest International airport (according to the passenger volume) Toronto Pearson. However, the town has a closer airport in the neighboring Burlington, the Burlington airport. The airport does provide passenger services but the services are not regular.

Why it is Becoming So Popular among New Residents?

1. Many people want to live in Toronto or near it. As Milton is 56 km away from Toronto, it is becoming a favorite choice of many.

2. As it is one of the developed towns out there in Ontario, people here can earn better and can improve their lifestyle.

3. As it is a town, it is getting much attraction from people who don’t like the city thing, but still want to live in an advanced but less ‘noisy’ place.

4. For retired and rich people, this place has its attraction as a suburb where they can live in peace and tranquility.

How Buyer’s and Seller’s Markets Impact Homes for Sale

Nothing is as fickle as real estate. Housing prices may rise or fall for any number of reasons. Although they can make investing in your own property a bit of a risk, with a little bit of knowledge the informed shopper can easily make the best decision possible when looking at homes for sale.

Buyer’s Market

Simply put, a buyer’s market is a result of the economic principle of supply and demand. In this case, there are more properties in supply (i.e. for sale) than there is a demand for them, meaning that those looking to invest in real estate have a lot of options to choose from. Supply and demand fluctuate depending on how many new customers enter an area and how many homeowners in the region have decided to stay in their properties.

In these circumstances, there are plentiful homes for sale, which favors those interested in investing in residential property. The geographic region and price ranges are favorable and the cost to purchase is relatively low. If housing in an area tends to take more than six months to sell, then it is considered a buyer’s market. You can easily find how many days a property has been listed on various real estate sites.

Seller’s Market

In a seller’s market, it is harder to find homes for sale. The supply is low in comparison to the demand to purchase property. Prices are typically a little higher and houses don’t tend to stay listed for as long a period of time.

When this occurs, there are a limited number of options. Buyers will have less opportunity to negotiate-because sellers can entertain other offers-and as a result, will pay more than they would in a buyer’s market. Sellers can increase their prices and, as long as the homes appraise for the asking price, receive more than they otherwise could.

What Stimulates the Change

As with everything, housing properties will fluctuate between shortage and surplus. While there is no clear determination on how long the current stage will last, there are several factors that can impact the supply and demand of homes for sale in your area. Things like interest rates, consumer confidence, and economic conditions have a high impact. A growing regional economy coupled with low-interest rates and high confidence can lead more people to buy houses.

However, just because more people are buying doesn’t mean there are also more people selling. Supply tends to lag behind demand in real estate. While you may think that low rates and good economic growth would spur a buyer’s market, it is actually more favorable to sellers. That is because there are more parties competing for a limited number of houses.

When the economy slows down, or interest rates increase, demand diminishes. When that happens, homes for sale will stay listed for longer periods of time. With more real estate options available, qualified purchasers have better chances of finding good deals on housing in their areas. Buyers can often negotiate with the seller on a much lower price than what the seller had originally intended.

Northern Virginia Real Estate: Looking At Seller’s Disclosure In Virginia

Unlike other states, Virginia’s main disclosure statute requires sellers to disclose very little about their houses. Virginia law requires sellers to disclose the following information:

Whether the property is in an area where military air installation is located
If the house has a defective drywall
If the property has previously been used as a meth lab and hasn’t been cleaned according to the state guidelines
Whether the property has a septic system that needs to be repaired, but the owner has obtained a waiver from the Virginia board of health. The seller should let the buyer know whether the waiver will apply to the buyer
Sellers may choose to disclose whether the property is in a designated tourism activity zone.
In Virginia, newly constructed homes are usually exempted from statute disclosure rules.
In addition to the state disclosures, sellers must also meet the federal disclosure requirements. Sellers with houses constructed before 1978 are required with federal Title X disclosures. These are disclosures regarding lead-based paint and hazards.
As the seller you should give EPA-approved information pamphlet to buyers. These pamphlets should give information relating to lead in your home. It’s also required that you give buyers the option of conducting lead-based paint assessment.

A seller disclosure is of great importance to you as a buyer as it gives you more details about the home that you are looking to buy.

If you are looking to buy a house in Virginia, you need to do the donkey work by yourself. You should inspect the house or hire a professional to help you out. When doing your own inspection you need to focus on the following areas:

Grounds: inspect septic tank, drainage systems, driveway, sidewalk and fence.

Electrical system: it’s impossible to do this by yourself thus you have to hire a professional to do it for you. The professional should ensure that the electrical system is up to code and the system is working perfectly.

Structural elements: you should go through the house and ensure that the construction is well done and there is no evidence of bowing or sagging.

Exterior surfaces: ensure that there is correct clearance between siding material and ground.

Roof: you should inspect the condition of the shingles, chimney, vents and gutters. As rule of thumb ensure that everything is perfect.

Interior plumbing: hire a professional plumber to help you identify any damaged or leaking pipes. Ensure that the toilets, sinks, showers and bathtubs are fully functioning.

Prohibitions put in place

While the seller’s disclosure obligations are minimal, Virginia law has standards that the seller must follow. The law requires that the seller shouldn’t do or say anything that distracts the buyer from finding a problem. The seller also shouldn’t cover up a known defect.