{"id":9105,"date":"2021-04-23T12:55:43","date_gmt":"2021-04-23T12:55:43","guid":{"rendered":"https:\/\/www.canadianrealestatemagazine.ca\/gta-exodus-makes-its-way-to-barrie\/"},"modified":"2023-11-08T02:00:53","modified_gmt":"2023-11-08T02:00:53","slug":"gta-exodus-makes-its-way-to-barrie","status":"publish","type":"post","link":"https:\/\/www.canadianrealestatemagazine.ca\/news\/gta-exodus-makes-its-way-to-barrie\/","title":{"rendered":"GTA exodus makes its way to Barrie"},"content":{"rendered":"

The exodus from the GTA is well documented, but an Engel & V\u00f6lkers report<\/a> is shedding light on what buyers are leaving for.<\/p>\n

Although COVID-19 has spooked people into leaving dense cities like Toronto, the pandemic has elucidated the importance of social interaction, and while people yearn to feel safe, they also crave community now arguably more than ever.<\/p>\n

\u201cThey want more elbow room and more space that they don\u2019t have in the main urban centres, but they still want to be connected to people. They don\u2019t to be out on 20 acres in a rural area,\u201d Barrie-based Jeremy Brooks of Engel & V\u00f6lkers told CREW<\/a>. \u201cThey want a place that has a sense of community, park space and great outdoor amenities that they can access on a regular basis.\u201d<\/p>\n

\"An<\/p>\n

Barrie teems with mile upon mile of walking and biking trails, not to mention beautiful beaches.<\/p>\n

To that end, buyers are looking for a combination of cottages and full-time homes, which is why people are cottages. Barrie is known for its four-season great outdoors and, added Brooks, 65% of buying activity in the city is coming from people leaving the GTA. That\u2019s also had a profound effect on the price of single-family detached houses in Barrie, a city replete with subdivisions.<\/p>\n

\u201cWe\u2019ve seen the most demand from people moving from a semi-detached home or a condo into a 3,000-4,000 sq ft house in a subdivision here,\u201d said Books. \u201cThose houses cost $600,000-700,000 a few years ago but now they\u2019re million-dollar homes because people have realized they can increase their living space. They want more space both inside and outside their home.\u201d<\/p>\n

Inside their homes, the so-called \u201cZoom room\u201d is also in high demand from buyers, many of whom permanently work from home and desire optimal space. If they have children, a room that\u2019s soundproofed from commotion in their homes is important.<\/p>\n

\u201cWe have a lot of buyers who want larger homes with more bedrooms that they can dedicate as an office, if there isn\u2019t already dedicated office space in the homes. They can go close the door for six-to-eight-hour workdays and be connected to their offices while being disconnected from the rest of the home so that there aren\u2019t any interruptions. There\u2019s high demand for dedicated closed door work space.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The exodus from the GTA is well documented, but an Engel & V\u00f6lkers report is shedding light on what buyers are leaving for. Although COVID-19 has spooked people into leaving dense cities like Toronto, the pandemic has elucidated the importance of social interaction, and while people yearn to feel safe, they also crave community now arguably […]<\/p>\n","protected":false},"author":6,"featured_media":27377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/9105"}],"collection":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/comments?post=9105"}],"version-history":[{"count":4,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/9105\/revisions"}],"predecessor-version":[{"id":28557,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/9105\/revisions\/28557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media\/27377"}],"wp:attachment":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media?parent=9105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/categories?post=9105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/tags?post=9105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}