How much extra would you pay for a garage or basement in your Collingwood condo?
The average sale price of a condo in Collingwood this year has run on average, at about $390,000 but not all condos are created equal:
- The average sale price of a condo without a garage was actually $279,277.
- With a garage, that number rises to $544,979!
- Condos with a basement sold for an average of $536,469 and,
- Condos with both a garage and a basement have an average sale price in Collingwood of $589,000.
The moral of the story is that a garage and basement may double the cost of your investment.