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Old Posted Feb 5, 2012, 11:28 PM
Trevor3 Trevor3 is offline
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Join Date: May 2011
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Interesting article from the Western Star a few days ago:

Quote:
Mike O’Leary has an idea that could fill a void in the housing market in the area.

The Newfoundland-born real estate developer who now lives in Florida is proposing to build a 94-lot housing development on the outskirts of Hughes Brook...
http://www.thewesternstar.com/Busine...Hughes-Brook/1

Can't say I'm a fan, and neither are a lot of people in the Bay of Islands/Humber Valley. Most concerns stem from the fact that this is currently classified as agricultural land, something we don't have a whole lot of in this province. Time, energy and money would be better spent developing areas within the city itself, especially in the Humbermouth area and on the west side near the University, great location for condos too. I must admit the last time someone tried to build condos in Corner Brook people thought they were Newfoundland housing and would destroy property values, so that probably won't happen. The other thing is the price of these homes. $250,000 as a modest price for a 1200 sq. ft. cottage? You can get a house in the city, with a view, for that same price with at least 2000 sq. ft.
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