Comment 91840

By ViennaCafe (registered) | Posted September 06, 2013 at 20:12:02 in reply to Comment 91827

" A study of almost 3,000 varying properties in 24 Ontario communities concluded that designated sites are not hindered by their status. 59% of designated heritage properties had higher than average property values for their respective areas, while 15% were equal to average. Even during the downward real estate trend, designated heritage properties did not suffer due to their recognition. 47% of properties increased in value during the downward trend, whereas 32% performed the same as average. With accessible financial support programs and successful real estate performance, heritage designation is definitely a smart decision for property owners."

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