Posts Tagged ‘Carleton Place Ontario’

RICHMOND AND CARLETON PLACE ARE BECOMING POPULAR CHOICES FOR MILITARY BUYERS

Posted on: February 12th, 2019 by Chris Scott
With DND now located in West Ottawa and the operational headquarters slated for Shirley’s Bay, military buyers have shifted as well. Many of my relocation clients still have Kanata, Barrhaven, and Stittsville at the top of their list. However, many others are starting to look at better value options in Carleton Place and Richmond. Here is a quick comparison of the two locations for you.

Richmond

Richmond is a quaint village that is just south of the Kanata/Stittsville area. There are about 4400 residents and lots of new development happening in the area. This will be a very fast growing community over the upcoming few years. What used to be a small farming village is now becoming a bustling place as new restaurants and amenities are coming in to satisfy the new demographics. The Richmond Fair is not to be missed. Nice small town community feel. Still part of the city of Ottawa.
Distance: The commute to DND is about 21 minutes
Average Sale Price: $467,131

Based on MLS residential sales from Jan 1, 2018 to Dec 31, 2018

Carleton Place

Carleton Place has been growing at a record pace ever since the highway between it and Ottawa was extended to 4 lanes. It is now home to over 11,000 residents. Military buyers are attracted to this location because of the relatively affordable prices and the fact that Carleton Place now has all the big box stores and amenities that many buyers are looking for. Please note that unlike Richmond, Carleton Place is not part of the city of Ottawa. You do pay slightly higher property taxes on average.
Distance: The commute to DND is relatively painless at about 28 minutes in no traffic
Average Sale Price: $326,781

Based on MLS residential sales from Jan 1, 2018 to Dec 31, 2018