Weeks of isolation has given us a very clear idea of where we spend our time in our home and highlights what has worked and what has been working as well. Our son Kev and his wife Ellen are literally expecting their second child in days. Currently living in a two-bedroom home is ideal for their current situation but are concerned as the family grows and did I mention their two dogs, their home isn’t going to be as ideal as it once was.
For families that are growing, backyards that have overgrown, and with more Canadians working from home, a renovation can be both financially savvy and emotionally satisfying. 3. Cottage life isn't for everyone and travel to the cottage due to the pandemic has been restricted in some communities for now. However, that hasn't stopped people from exploring in a low-interest rate environment a second or even investment property. Land, water, fresh air and no air travel can be very appealing.
Real estate for most is our largest asset and our greatest liability. But our home is so much more, it is also a place of pride and comfort. During periods of difficulty hunkering down in your home can have a calming influence in a time when you feel you have little control over much else. These may be just a few of the early and unintentional trends in real estate that have evolved out of a pandemic but that doesn't mean that it is a bad thing.A sign advertises a new home for sale in Carleton Place, Ont., on March 17, 2015. THE CANADIAN PRESS/Sean Kilpatrick
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