Milcreek Cambridge Townhome Pricing Strategy Phase II
Project scope
Categories
Market research Competitive analysis Market expansion Sales strategySkills
research pricing strategies real estateThe goal of this project is to research the real estate market in Milcreek Cambridge Ontario and come up with a pricing strategy for the 70+ townhomes. This will involve several different steps for the students, including:
- Researching the local real estate market in Milcreek Cambridge Ontario.
- Analyzing the current pricing of townhomes in the area.
- Identifying trends in the market and potential areas of growth.
- Developing a pricing strategy for the 70+ townhomes.
- Testing the pricing strategy and making adjustments as needed.
By the end of the project, students should demonstrate:
- Understanding of the local real estate market in Milcreek Cambridge Ontario.
- Understanding of the current pricing of townhomes in the area.
- Identification of trends in the market and potential areas of growth.
- Development of a pricing strategy for the 70+ townhomes.
- Testing of the pricing strategy and making adjustments as needed.
Final deliverables should include:
- A written report outlining the research, analysis, and pricing strategy.
- A presentation summarizing the research and findings.
Mentorship provided to students on comparative market analysis in real estate. Students will gain exposure to construction budget breakdown and market research analysis. Students will access resources for the project under confidentiality agreement.
About the company
RHB is a company that specializes in constructing and designing residential properties. They offer a range of services, including new home construction, home remodeling, and custom home building. The company is known for their attention to detail and high-quality craftsmanship. They work with clients to create custom designs and floor plans that meet their specific needs and preferences. Roman Home Builders is a reputable and experienced company, known for building beautiful, comfortable, and durable homes.