The Rouge Wood Community in Richmond Hill is definitely in a Sellers' market situation.
As of 11:45am on Saturday, March 21, 2015, there are only seven (7) listings on MLS for detached houses in this area of which one (1) is sold conditionally.
The area school boundary includes high rated schools, both elementary (such as Richmond Rose, Silver Stream ...) and high schools (such as Bayview Hill high school with the IB Program). This attracts families who want to give the best education available to their children.
Another attraction is the location: the Community is near Highway 404, the Richmond Hill Go train station, many parks of all sizes, several Community Centres and indoor pools, Music Schools (Cosmo Music), Churches, restaurants, clothing stores and outlets as well as food stores of all types, including a COSTCO on Elgin Mills, and much more.
If you are planning on selling your home in the near future and you currently own a house in this area, NOW is definitely the time to put your house on the market.
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