120 potential home buyers looking to retire in Windsor-Essex (continued)
Mike Dinchik, executive officer for the Greater Windsor Home Builders Assoc., says 120 realtors have connected with prospective buyers since the program was launched in November 2008.
A couple of developers are specifically building homes for that market and doing surprisingly well, given the state of the economy.
Ben Klundert has three projects - Coopers Mill in Belle River, Kimball Estates in Essex, and Strawberry Gardens in LaSalle – with ranch-style homes targeted to the 50-plus market.
Coopers Mill has the most homes – 146 units. Eighty have been sold and built.
Klundert says people are moving here from all over Canada and even from outside the country, including one buyer from Mexico.
“We’ve had them from all over the place” including Stratford, Calgary, Toronto, London and Sault Ste. Marie, he said.
However, the majority of sales are still going to local people. And those who have moved here have some connection to the area.
“They have some affiliation to friends or family or past,” he said. “There’s more than just our region or pricing.”
His homes range from $180,000 to $255,000.
Ezio Tartaro of Gintar Contractors Ltd. has a two-year-old development in Amherstburg which is proving a hot seller with the retirement age demo.
“We’ve only sold to out-of-towners,” he said, with buyers coming exclusively from the Greater Toronto Area (GTA).
His development is called The Fairways at Pointe West. It has 1500 sq. ft. ranch-style homes (they’re can be known as bungalows elsewhere) backing on to Pointe West golf course.
Nine houses have been completed with nine more to be built.
He said people move here for a variety of reasons.
Some have family members in the area. Others are “finding that the proximity of Windsor being close to the border is eliminating three or four hours of their drive when they do migrate down south in the winter time.”
His homes price between $280,000 and $400,000.