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Single family homes for sale in PEI

Searching for the perfect family home? At Century21 PEI, we’re proud to offer a wide selection of listings for single family homes.

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For sale $629,000
97 Holmes Lane, charlottetown, Prince Edward Island

97 Holmes Lane

Charlottetown, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $629,000
99 Holmes Lane, charlottetown, Prince Edward Island

99 Holmes Lane

Charlottetown, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $1,599,000
121 North River Road, brighton, Prince Edward Island

121 North River Road

Brighton, Prince Edward Island

8 Bedroom 9 Bathroom
For sale $399,900
53 SHIP BUILDING Road, kingsboro, Prince Edward Island

53 Ship Building Road

Kingsboro, Prince Edward Island

4 Bedroom 1 Bathroom
For sale $385,000
4001 Route 2, farmington, Prince Edward Island

4001 Route 2

Farmington, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $285,000
#103 19719 RTE 2, hunter river, Prince Edward Island

#103 19719 Rte 2

Hunter River, Prince Edward Island

1 Bedroom 1 Bathroom
For sale $289,000
249 Peters Road, pembroke, Prince Edward Island

249 Peters Road

Pembroke, Prince Edward Island

1 Bedroom 1 Bathroom
For sale $329,900
35 Spring Street, summerside, Prince Edward Island

35 Spring Street

Summerside, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $949,000
53 ST. GEORGE Crescent, stratford, Prince Edward Island

53 St. George Crescent

Stratford, Prince Edward Island

4 Bedroom 4 Bathroom
For sale $459,000
5 Beaumaris Drive, brackley, Prince Edward Island

5 Beaumaris Drive

Brackley, Prince Edward Island

3 Bedroom 3 Bathroom
For sale $319,000
73 LOWTHER Drive, cornwall, Prince Edward Island

73 Lowther Drive

Cornwall, Prince Edward Island

2 Bedroom 1 Bathroom
For sale $499,000
82 Wards Landing Road, rocky point, Prince Edward Island

82 Wards Landing Road

Rocky Point, Prince Edward Island

3 Bedroom 2 Bathroom

Single Family Homes for Sale in PEI: Advantages, Disadvantages, and Tips for Buyers

Realtor showing single family home

PEI (Prince Edward Island) is a location that has witnessed a growing demand for single family homes. With its lush greenery, friendly communities, and serene landscapes, it’s no wonder that many are seeking to explore listings and set down roots in this picturesque province. Century21, among other real estate giants, has been at the forefront, helping potential homeowners navigate the market. But what are the pros and cons of owning a single family home in PEI, and what general advice should prospective buyers consider? Let’s delve in.

Advantages of Owning a Single Family Home in PEI

Privacy

One of the most compelling reasons people opt for single family homes for sale in PEI is the privacy they offer. Such homes are constructed on individual plots, ensuring a fair amount of space between you and adjacent houses. Should you desire more privacy, there’s always the option to construct a fence or other barriers.

Extra Space

Compared to townhouses and condos, single family homes often offer extra storage space. Features like basements, attics, larger garages, and expansive yards provide homeowners with more room to grow, store items, or even develop recreational areas.

Freedom to Renovate

While condos and townhouses can indeed be refurbished, the process often involves navigating through a myriad of restrictions and red tape. Single family homes, on the other hand, afford homeowners more freedom. You can explore redesigns, expansions, or renovations with mainly just building permits and city inspections to consider.

Disadvantages of Owning a Single Family Home in PEI

Maintenance

With great space comes great responsibility. Owners of single family homes in PEI are entirely responsible for their property’s upkeep. From mowing the lawn to fixing the roof, the onus falls squarely on the homeowner’s shoulders.

Price

When you explore listings you may notice that single family homes often come with a heftier price tag. Since these homes stand alone and don’t split the cost of structural elements like roofing or walls, they tend to be more expensive.

Absence of Common Amenities

While condos might boast amenities like pools, gyms, or clubhouses, most single family homes do not. And if they do possess such features, the maintenance and associated costs are the sole responsibility of the homeowner.

General Tips on Buying and Owning a Single Family Home in PEI

Research the Market

Before diving into the purchase, spend ample time exploring listings. Companies like Century21 provide comprehensive details, ensuring you make an informed decision.

Inspect the Property

Always get a professional home inspection before buying. This can reveal potential issues that might not be immediately evident.

Consider Long-Term Costs

Owning a home isn’t just about the initial purchase price. Consider property taxes, maintenance costs, and potential renovation expenses when budgeting.

Know the Neighbourhood

The value and experience of living in a single family home in PEI also depend on the surrounding community. Research local schools, amenities, safety records, and future development plans.

Plan for Maintenance

Set aside a budget for regular home upkeep. This will ensure that minor issues don’t escalate into major, costly problems.

Understand Your Rights and Responsibilities

Familiarize yourself with local laws concerning home ownership, renovations, and other pertinent issues.

While single family homes for sale in PEI offer numerous advantages, they also come with their set of challenges. Armed with the right knowledge and by partnering with trusted entities like Century21 to explore listings, prospective buyers can navigate the market with confidence and secure the home of their dreams.

One of our Century21 team of agents, Michael Poczynek tells the story about how to move from another part of Canada, in this case Ontario, to Prince Edward Island

PEI has experienced a shortage of housing as has most of Canada. The market both for rental homes as well as homes for sale has become much tighter and more competitive.

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