The Most Reliable and Familiar Type of Home: Bungalows for Sale in Mississauga

While there have been many trends in housing in recent years, including the "McMansion,” the "just-big-enough” movement, the "faux chateau,” the eco-friendly home, and more, many people are returning to the most reliable and familiar of Canadian homes, the bungalow. With simple lines and a single storey, the bungalow is a perfect place to raise a family, or to find respite from the busy world. But what exactly is a bungalow? Although the word has apparently been in use since 1676, when it was used to describe houses built in the Bengal style, it seems that "bungalow” can describe almost any one-storey house. A typical bungalow has a low-pitched gable roof or a hipped roof, overhanging eaves, and a wide front porch. Although we may think of a bungalow as economical in size, today’s homes with that description can be very spacious. With this as a guide, it’s easy to see that the description "bungalow” can be applied to a wide variety of homes. Mississauga boasts many different types of bungalows – so you’re sure to find one that will suit your family perfectly!

The Mississauga Market

Housing markets in the GTA continue to boom, with many properties sparking bidding wars and selling for over asking price. The Mississauga Real Estate Board reports that housing sales hit a nine-year high in 2016, with nearly 12,000 homes sold. The Board foresees that trend continuing.

MLS® statistics for Mississauga in January of 2017 indicate that the average price of a home in the city is $676,175. The previous month saw 552 new listings, and the median number of days those houses remained on the market is 19. Sales were divided almost equally amongst detached houses, townhouses, and condos.

So what types of bungalows are on the market in Mississauga? Here are a few examples of current listings:

• A two-bedroom bungalow in the East Mineola neighbourhood is located on a dead-end, tree-lined street. It features a large family room with vaulted ceilings, a custom deck, all major appliances, and window coverings. The list price is close to $700,000.

• A large bungalow on a quiet street in the upscale Lorne Park neighbourhood has four bedrooms and 3.5 bathrooms, and is surrounded by healthy trees. It has spacious interiors with large windows, hardwood floors, fireplaces, and vaulted ceilings. It features an in-ground pool, as well as a sauna and a Jacuzzi tub. The list price is $2.3 million.

• A 1,500 square-foot, 2-bedroom bungalow on a corner lot in the Malton neighbourhood has a fully-contained basement suite with a separate entrance. Asking price: $589,000.

Partner with an Experienced REALTOR^®

If you’re interested in purchasing in Mississauga, be sure to contact a reliable Peel Region real estate broker. A local broker will have the depth of knowledge about the market that you’ll need in order to make a decision. Buying a home is a big step, and it’s good to have an expert to help you navigate the process.

Start your search for the perfect bungalow for sale in Mississauga today! Contact your local real estate broker to get the experience you need to complete the deal!