A new GO station is coming to Innisfill in the next few

years, and that announcement has brought up a lot of

questions about the impact a rail station could have on

home values in the nearby vicinity.

So is living near a train a death sentence for your

valuation?

Based on studies conducted in areas where rail stations have

been built, the most accurate thing to say is that many homes

within one quarter of a kilometer from a station are actually more

likely to increase in value due to the upward pressure of being

near transit.

Some homes outside of this zone might decrease in value due to

what is usually reffered to as “ nuisance factor”; meaning that

they are close enough to hear the sounds of a train, but too far to

enjoy the benefits of close proximity to transit.

Similar concerns were voiced in Barrie when the Allandale GO

Station was built in 2012, but as we have seen, a strong Real

Estate market will always bring up the values of all well-

maintained homes.

If you have a question about Barrie Real Estate or an idea for our next podcast, we want to hear it! Reach out anytime to [email protected]