LRT Expansion Will Increase Property Values!
So says real estate researcher, Don Campbell. According to Campbell, the price of homes near LRT stations will improve 10% to 20% more than other areas of the city. He also suggests that homes near extensions to Anthony Henday Drive will increase relatively more in value. The first neighbourhoods to benefit are Belgravia, Parkallen, McKernan, Twin Brooks, Skyrattler, Ermineskin and Blue Quill. These areas will see increases in value thanks to both the LRT expansion and ring-road access. With Southgate and Century Park stations scheduled for opening in 2010 the neighbourhoods of Pleasantview and Lendrum will be positively affected. Glastonbury, Aldergrove, Thorncliff and Belmead are areas which will reap the rewards of the expanded Anthony Henday.
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc.
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