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Yarmouth town council to discuss strategy for older house market

Deputy Mayor Phil Mooney would like the rest of the world to know about the huge value Yarmouth’s older home market holds compared to what could be bought for a similar price in a city.
Deputy Mayor Phil Mooney would like the rest of the world to know about the huge value Yarmouth’s older home market holds compared to what could be bought for a similar price in a city.

YARMOUTH - The recent sale of the 1910 Mounce Mansion in Avonport, which fetched $455,000, $20,000 more than list price, clinched it for Yarmouth’s deputy mayor, Phil Mooney.

(Read associated story about Mounce Mansion through this link.)

(Read associated story about Mounce Mansion through this link.)

He’s been noticing the large inventory of older homes for sale in town and decided something should be done to promote the tremendous value these stately structures offer, compared to what the same price would buy in cities.

“You can sell a house in Calgary or Toronto or Vancouver and buy a house for a tenth of the price and have twice or three times as much property as you had there… and a better quality of life,” he said.

Some of the Yarmouth homes include stained glass windows, Victorian staircases, tin ceilings, cast iron radiators, hardwood floors and widow’s walk.

Mooney made a motion at the March 9 Yarmouth town council meeting for council to discuss the issue with the economic development officer.

“She’ll talk to some real estate people and see if we can come up with a strategy to promote some of the older properties and homes that we have here in Yarmouth,” he said.

Economic development officer Natalie Smith says her proposals may include leveraging the heritage homes virtual tour app launched last year with a social media campaign and working with local realtors to increase promotion of what Yarmouth has to offer and the advantages of living in this community.

$269,000: 52 Park St. – built in 1890 with 2,500 square feet of living space. 10-foot ceilings.

 

Sample listings in the Town of Yarmouth

 

$269,000

52 Park St. – built in 1890 with 2,500 square feet of living space. 10-foot ceilings.

$249,000: 23 Clements St., built in 1892 in Centre Town Heritage District. Wide trim and hardwood floors

 

 

$249,000

23 Clements St., built in 1892 in Centre Town Heritage District. Wide trim and hardwood floors

$229,900: 64 William St. Turn-of-the-century colonial style home with grand foyer and stained glass.

 

 

$229,900

64 William St. Turn-of-the-century colonial style home with grand foyer and stained glass

$149,500: 7 Elm St., two-storey home with two-car garage that was once a carriage house.

 

 

$149,500

7 Elm St., two-storey home with two-car garage that was once a carriage house.

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