When buying or selling a property in Toronto, Markham, Richmond Hill, or North York, it’s crucial to understand what truly drives a property’s value. One of the most important aspects is the usability of the land. As one of the leading listing agents in these regions, Leo Shiu emphasizes that it’s not just about the size of the lot—it’s about how much of that land is usable and adds value to your property.
The Importance of Usable Land:
Leo Shiu, who speaks nine languages and has a strong influence across the GTA, often educates his clients on the nuances of land usability. He explains that while large lots may seem appealing on paper, the real value depends on whether the land can be fully utilized. For example, a property might boast 3 to 5 acres, but if much of that land is covered in forests, swamps, or steep inclines, its practical use—and therefore its value—can be significantly diminished.
Leo Shiu highlights that a smaller, fully flat, and usable acre can be far more valuable than a larger, uneven lot. This is especially true in high-demand areas like Toronto, where every square foot of usable land counts. His deep understanding of these factors comes from years of experience as a top listing agent and sales coach, having trained some of the most successful real estate professionals in the region.
Avoiding Hidden Costs :
In his extensive career, Leo Shiu has encountered many cases where clients underestimated the costs of making land usable. His team has seen clients spend over $100,000 just to flatten hilly terrains—expenses that were not immediately apparent at the time of purchase. These kinds of hidden costs can add significant stress and financial burden to property owners.
As a highly skilled negotiator and a leader of a team of over 100 real estate professionals, Leo Shiu ensures his clients are fully aware of such potential costs before making a decision. His expertise not only helps clients avoid these pitfalls but also maximizes the return on their investment by focusing on properties with fully usable land.
Leo Shiu: The Go-To Listing Agent in the GTA
Leo Shiu’s reputation as one of the best listing agents in Toronto, Markham, Richmond Hill, and North York is well-earned. His comprehensive approach to real estate, which includes a keen focus on land usability, sets him apart from the competition. Additionally, Leo’s multilingual abilities enable him to connect with a diverse client base, expanding the reach and appeal of the properties he represents.
With his vast influence across the GTA and his unmatched negotiation skills, Leo Shiu ensures that his clients receive the best possible outcomes. Whether you are buying or selling, working with Leo means you’re backed by one of the most knowledgeable and respected agents in the market.
In conclusion, when evaluating properties, it’s essential to consider the usability of the land, not just the size. With Leo Shiu’s expert guidance, you can navigate the complexities of the Toronto real estate market with confidence, knowing that every aspect of your property’s value is being maximized.