Best Schools

February 15th, 2011

Is Real Estate Growth higher around the better schools?

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Written by: Amit Bhandari
Tags:
amitandroy-real-estate-growth-around-schools

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Let's be honest, Mississauga is a fantastic city. I love living here. I love working here. It has everything that I could possibly need, and more. Great amenities, great infrastructure, quick access to Toronto, an Airport, a big mix of people from all walks of life, and finally amazing schools.

As you know I have been doing a lot of research in and around schools, focusing a lot on scores and providing you with my "Top 10". More recently, however, I have focused around the real-estate aspects. Before conducting the research I came up with a hypothesis: Growth (as a percentage, year-over-year) around the "better" schools is higher than the Mississauga average.

I have found some very interesting numbers that I can literally write 3 or 4 blogs on. But for now I want to focus on my hypothesis.

As some of you may (or may not!) know, Mississauga is spread out over certain districts. Mississauga is identified by the following: W12, W13, W14, W15, W16, W17, W18, W19, and finally W20.

As you can see from the map above, W12 and W13 lie to the south (along Lake Ontario, and W17, W19, and W20 to the north, bordering Brampton. So what were the growth rates across Mississauga as a whole over the last 10 or so years? 6.28% to be exact. Here is a table identifying across all of the districts, the average growth of real estate across Mississauga:

Here are the average prices (W12 to W20) over the last 10 years that were used to create the above table:

This is a very important table that needs to be identified – this will form the basis of the next few blogs. I will be going through my Top 5 schools, and highlighting real estate growths around them and comparing/contrasting them with the above number / table.


About the Author

Amit Bhandari
In 1982 a couple had a child that was kept in hospital until he was given the all-clear to go home. As soon as it was given, these parents promptly escaped from a maximum security hospital to the Nottingham (England) underground. Today, Amit is wanted for his expertise in real estate within top school boundaries. Suffering through a recession 2008, Amit survives as a Realtor of fortune. If you have a problem, and if no one else can help, maybe you can hire Amit Bhandari.




 
 
 

 
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