Living in Prestwick you are given some protection due to the prevailing winds; which are normally north, or west. The odd exception is sometimes from the south. You would need an NE wind to notice it. Plus as I mentioned in another thread, there are wastewater ponds north of 126 ave which can bring up quite the funk too.
And comments like yours, and my own experiences are what the builders are counting on. You in Prestwick say "I don't notice it." Me in Copperfield I say "I don't notice it." And although I am in the potential path of the winds, I am also almost 5km away.
I'm not saying that New Brighton always stinks, or it is all bad. But OP- be sure you have a look at where you are building- in detail. Look it up on Google maps and compare it to other distances. If your street doesn't exist yet, ask one of your buddies who does backpack camping to borrow their GPS (not a car GPS), and you can plug in your co-ordinates into Google maps.
Also look at everything else in the neighbourhood. How far are you from where the LRT tracks are going to be? How about the station? I checked that closely- I am far enough from the station to not have to deal with some of the bad elements you get, but close enough that I can walk to it.
One other thing I would look at- see if builders will offer you some sort of price protection; in case the market takes another down turn.
The bottom line is you aren't crazy to buy right now- but you would be crazy to not take the time to make sure you make the right choice.
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