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Homebuyers Main Page | Your Homebuying Team |Is It a Good Investment?| Purchase Price Checklist|

Is it a Good Investment?

Ask any homeowner, a house is solid investment that is difficult to match. Why?

Capital Gains Are Tax Free — Any capital gains that accrue and are realized on the sale of a principal residence are tax free — your money, 100%!! 

To match even a small appreciation of 6%, the return on a fixed-income investment such as a GIC would have to be as much as 12%.

Gain Leverage — You do not need the full purchase price to own a home.