Thread: WestLRT Impact
View Single Post
Old 12-30-2012, 07:51 AM   #11
SeeGeeWhy
#1 Goaltender
 
SeeGeeWhy's Avatar
 
Join Date: Mar 2006
Exp:
Default

Who knew there was so much hate for wentworth!? I should start a new thread where people can come crap on it. It's a subsection of west springs I guess, there is an even more pretentious alcove by the name of Wexford if you all want something new to shower with love and affection.

The thread wasnt about wentworth itself but what impact the wLRT will have on the communities around it.

Interesting point about the split between values increasing when plans are official, with only a small increase coming from completion. I'd imagine that investor demand wouldn't outstrip real demand 3:1 or else why would those initial investors be speculating on the land if the value was only going to increase a small amount once the project was complete? Perhaps because it is low risk growth.

The cougar ridge/west springs/aspen area is supposed to be abutted by the west portion of the ring road if/when that finally gets complete... That would be a good test for your theory. Watch what happens to property values upon announcement vs completion of that project (coming soon in 2045).
SeeGeeWhy is offline