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Four Bedroom at 104 Winslow Drive , Winnipeg

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Pride of ownership here!! Meticulously and lovingly maintained. Peaceful and quiet location. (Vendor states – excellent neighbors) Treed lot with lots of serene privacy.

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Great family hm with L.R, Family room AND a rec room. Peaceful walking path right beside home. Lots of storage. Average Heat/hydro bills are approx. $180/month. Beautiful front porch. backyard is breathtaking. Very private. Excellent family home. Close to all amenities – pretty much every kind of shopping, transportation, parks, schools. Don’t miss this lovely home!

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We have More then 40 plus pictures  of this home. Follow the link for more information on this Home at  104 Winslow Drive  by clicking on the address.

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Do not miss this great location , close to schools, shopping, great for rising a family

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Fewer starts, more resales from the Winnipeg Real Estate Market

Slow but steady growth forecast for Winnipeg’s housing market

 

Finance. For Sale signs for condos in South Pointe.  It’s to go with a story on September’s MLS sales and housing start numbers. It was a good month for both MLS sales and housing starts. Murray McNeill story.  Wayne Glowacki / Winnipeg Free Press October 8 2015

Finance. For Sale signs for condos in South Pointe. It’s to go with a story on September’s MLS sales and housing start numbers. It was a good month for both MLS sales and housing starts. Murray McNeill story. Wayne Glowacki / Winnipeg Free Press October 8 2015


 
The resale market is expected to chug along in the next few years even though home-building will slow down because there is more supply than demand. New projections were released Monday. Photo Store
 
Rising inventory will take some of the steam out of the local home-building market over the next few years, but healthy population and employment growth should keep the resale market chugging along, the fall forecast by Canada Mortgage and Housing Corp. shows.
 
“Total starts (in the Winnipeg Census Metropolitan Area) will continue to come down from the 2013 peak over the forecast period,” Lai Sing Louie, CMHC’s regional economist for the Prairie region, said Monday.
 
“Rising inventory in the multi-family sector will prompt builders to reduce production in 2016 and 2017, offsetting slight increases in single-detached construction.”
 
The agency predicts total starts in the Winnipeg CMA will drop by 7.6 per cent this year, falling to 3,925 units from 4,248 in 2014. And they will continue to drift down during the next two years, falling to 3,800 units in 2016 and to 3,750 units in 2017.
 
Manitoba Home Builders Association president Mike Moore agreed builders of multi-family complexes — condominiums, townhouses and rental apartments — will likely postpone some new projects next year until they can significantly reduce the inventory of unsold units.
 
“But I think the inventory will be pretty much gone by then (the end of 2016) and it will be time to start building again,” he added.
 
“So I’m a little more optimistic about (2017). I think the numbers will be slightly better than is forecast — by a couple of hundred units. ”
 
As for the single-family side, Moore said the industry would be satisfied to see starts continue to grow at a slow but steady pace during the next few years.
 
“That’s good news for the bulk of our builders who are single-detached builders.”
 
CMHC also expects the local resale market to continue chugging along during the next couple of years as population and employment continue to grow. But the growth in MLS sales will be modest — less than one per cent in 2016 and 2017, it said.
 
Balanced market conditions should keep price increases in check. The average MLS selling price is expected to climb by 1.7 per cent to $278,000 this year, and by 1.4 per cent in both 2016 and 2017.
 
Peter Squire, residential market analyst for the Winnipeg Realtors Association, said those prices are in line with industry expectations.
 
Although sales of detached homes are up a bit this year, condo sales are lagging, he said.
 
It will likely be a similar story in 2016.
 
“That (the inventory of unsold condos) will have to work its way through, and it will,” he said.
 
CMHC’s fall forecast also looks at what’s likely to happen in the Manitoba housing market, and it’s a similar story. Housing starts are expected to fall to 5,600 units this year from 6,220 in 2014, hold steady at that level in 2016, and rebound to 5,700 units in 2017.
 
Like Winnipeg, MLS sales will continue to climb at a moderate pace in the next two years, rising to 14,200 units in 2016 and to 14,400 units in 2017, the agency added. The average selling price will creep up, rising to $273,600 in 2016 and to $277,500 in 2017.
 
murray.mcneill@freepress.mb.ca
 
CMHC fall housing forecast
 
Here are the Canada Mortgage and Housing Corp.’s projected numbers for the Winnipeg and Manitoba housing markets, with the percentage change from the previous year in brackets:

Winnipeg CMA* 2014 2015 2016 2017
Housing starts 4,248 3,925 (-7.6) 3,800 (-3.2) 3,750 (-1.3)
MLS sales 12,147 12,300 (1.3) 12,400 (0.8) 12,500 (0.8)
Average selling price $273,363 $278,000 (1.7) $282,000 (1.4) $286,000 (1.4)
Manitoba 2014 2015 2016 2017
Housing starts 6,220 5,600 (-1.0) 5,600 (0) 5,700 (1.8)
MLS sales 13,782 14,000 (1.6) 14,200 (1.4) 14,400 (1.4)
Average selling price $266,329 $269,800 (1.3) $273,600 (1.4) $277,500 (1.4)

* Census Metropolitan Area
 
Republished from the Winnipeg Free Press print edition October 27, 2015
 
Source: http://www.winnipegfreepress.com/

Duplex at 548 Arlington Street, Wpg MB

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This is a true duplex. Show and sell. Great location. Fully rented suites. Suites are in good shape. Rents are $879 and $714 plus heat and hydro.

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Each suite has good size eat-in kitchen. Large backyard – lots of space for gardening etc. Fruit trees and more. Lots of parking incl. DT1 and parking pad. Shopping and transportation close by.

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More pictures and information on this Home at 548 Arlington Street Winnipeg MB.

Call Realtor Rosalie to view this Duplex Home.

Two Bedroom Condo at 1145 St Anne’s Road , Winnipeg MB

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First come first served. BEAUTIFUL condo on 2nd floor which has a mezzanine view of front lobby. Corner unit so windows on 2 sides of condo. Lots of bright natural light. Designer paint colors – beautifully appointed. Tons of builder upgrades.

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Hardwoods floors, upgraded carpeting in bedrooms, Italian tiles, Quartz counter tops, upgraded appliances.

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More pictures and information on this Beautiful Condo at 1145 St Anne’s Road , Winnipeg MB. Call Realtor Rosalie to view this outstanding Condo.

999-rose -- For Sale

 

Go ahead. Jump in ! By Peter Paley Mortgage Broker

                                           

Your Home & Mortgage Peter Paley
 

Go ahead. Jump in!

 
Thinking about buying your first home? This may be your golden moment.
 
Mortgage rates are still very attractive, and it’s a great season to shop for a new home. You probably have some good questions before you jump in to home ownership. How much downpayment do I need to save up? Is the best mortgage just the one at the lowest rate? Will I find a house I love at a price I can live with?
 
That’s good; this is the time to ask lots of questions. I have the answers you need to make an informed decision. There are so many options out there that often cause people to focus on finding the lowest possible rate, and figure that’s the best route to the best mortgage.
 
Not so. Rate is only one feature in any mortgage – and a low rate with the wrong features could have you paying thousands of dollars extra over the life of your mortgage.
 
That’s why so many first-time buyers tend to seek out a mortgage professional for advice; they are thinking hard about this big financial decision, and are very savvy about seeking out their options. I have access to dozens of lenders so I can find a mortgage tailored to your needs, with the right balance of rate and features to suit your situation.
 
While it’s important to be prudent, some first-time homebuyers can be a bit too cautious. I can assess your situation to help you determine if it’s the perfect time to jump in, and can pre-approve you before you start shopping for a home. Call today!
 
AN ATTITUDE OF GRATITUDEIn the rush and chaos of our everyday life, it can be hard to remember to be grateful for our good fortune. I am grateful every day I come to work! I get to help great people achieve their dreams of home ownership and financial security. I also feel it is a privilege to be a trusted mortgage-for-life professional, to be there through my clients’ mortgage years, from their first home onward. And I welcome their friends and relatives, helping them along on their homeownership journeys.
 
What are YOU grateful for?
 
Happy Thanksgiving!
 
Soon we’ll be gathering with those who are dear to our hearts to pause and give thanks for our many good fortunes, especially for the comforts of family, friends and home. These are the occasions that turn a house into a home and I’m honoured that so many will be celebrating in homes that I helped them achieve. From my house to yours …. best wishes for a great weekend!
 

Looking at Purchasing that New Home, Needing a Mortgage,

Contact Peter Paley at Invis Mortgage

 

Peter Paley Mortgage Associate Send an EmailVisit Website

 

 

BUYERS SCOOP UP MLS® LISTINGS IN SEPTEMBER – September MLS® Sales Up 5%

BUYERS SCOOP UP MLS® LISTINGS IN SEPTEMBER
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September MLS® Sales Up 5%

 
WINNIPEG – Buyers took advantage of the over 5,000 MLS® listings available at the beginning of September. As a result, sales were less than 3% off the best September recorded in 2011. The 2,364 new listings entered on MLS® during the month of September kept listings at a level not seen since 1997.
 
Given such a competitive market with supply presently outstripping demand, there were price adjustments happening for a number of MLS® listings. MLS® dollar volume was still up 9%. It was the first time dollar volume in September went over $300 million.
 
September MLS® unit sales increased 5% (1,182/1,123) while dollar volume rose 9% ($305.1 million/ $278.8 million) in comparison to the same month a year ago. Year-to-date MLS® sales are up less than 1% (10,278/10,234) while dollar volume has increased 4% ($2.75 billion/$2.64 billion) in comparison to the same period last year. MLS® listings entered on MLS® are up 12% to 18,846.
 
“Buyers clearly are in the driver’s seat at this juncture with the significant rise in listing supply available on our MLS®, said David Powell, president of Winnipeg REALTORS®. “Though challenging for sellers with more choices for buyers to pick from, sales are remaining strong as on par with one of our best years on record in 2013.”
 
He added, “I believe these buyer market conditions  will not last as inventory will come down to become more balanced in 2015. Right now is clearly a time buyers should be talking to their REALTOR® about the changing market and what opportunities they have to consider for all MLS® property types.”
 
Speaking of property types, condominium sales have slowed down somewhat in the past two months but remain up 8% for the year. Residential-detached properties are slightly ahead of last year and helping them keep a lead was a 10% increase in September sales over September 2013.
 
For residential-detached sales in September the most active price range was from $250,000 to $299,999 at 21% of total sales. Close on its heels was the next lower price range of $200,000 to $249,999at 20%. Even the $150,000 to $199,999 price range fared quite well in third place at 15%. The average days on market to sell a residential-detached property was 33 days, 2 days slower than last month and September 2013.
 
The most active condominium price range was from $150,000 to $199,999 at 35% of total sales. A distant second was the $200,000 to $249,999 price range at 20% and then it falls back to 14% for the $250,000 to $299,999 price range. The average days on market for condominium sales was 40 days, 1 day quicker than last month and 10 days off the pace set in September 2013.
 
Established in 1903, Winnipeg REALTORS® is a professional association representing over 1,800 real estate brokers, salespeople, appraisers, and financial members active in the Greater Winnipeg Area real estate market.  Its REALTOR® members adhere to a strict code of ethics and share a state-of-the-art Multiple Listing Service® (MLS®) designed exclusively for REALTORS®. Winnipeg REALTORS® serves its members by promoting the benefits of an organized real estate profession.  REALTOR®, MLS® and Multiple Listing Service® are trademarks owned and controlled by The Canadian Real Estate Association and are used under license.
 

 
Source: Winnipeg Realtors

RBC economist is predicting mortgage rate increases in late 2015

By Daryl Harris

(Thursday, August 21st, 2014, 5:21 pm)
 
RBC economist predicts mortgage rate increase in 2015
 
An economist at Canada’s biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels. And he warned that, in the meantime, what goes up will likely come down if salaries and incomes don’t keep pace.
 
“The higher home prices get relative to income by the time rising interest rates really start to bite, the more prices will have to adjust (downwardly) over time to keep longer-term affordability from reaching intolerable levels,” Royal Bank of Canada economist Robert Hogue wrote in a research note Wednesday. “This means that any price increases exceeding the rate of household income gains in the near term (2014 and 2015) likely would result in steeper price declines down the road.”
 
Mr. Hogue is now expecting sales to tick down by almost 1 per cent next year, and home prices to rise by just 1.1 per cent (he is expecting prices to rise 4.3 per cent this year). That’s actually a stronger forecast than he released just two months ago, because low mortgage rates have been giving the housing market more fuel than expected. He’s now cautioning that too much momentum could be a bad thing for the market long term.
 
He believes that the current low level of interest rates is not sustainable, and that longer-term rates could rise meaningfully by late 2015 (RBC expects five-year Government of Canada bond yields to more than double to 3.30 per cent by the end of 2015. Five-year fixed mortgage rates tend to move in step with five-year government bond yields).
 
Rising interest rates will erode housing affordability, which Mr. Hogue notes is already stretched in some markets. “We expect the current upward momentum in home prices to wane gradually, as demand cools and more home sellers emerge,” he wrote. “We expect that the current condo construction boom in large urban centres will bring more properties on the resale market as units are completed. While the majority of condo units under construction are already sold, rapid increase in the stock of existing condos is likely to create a displacement effect whereby older units are vacated in favour of newer ones.”
 
Looking across the country, he expects a decline in the number of homes sold next year everywhere except in Atlantic Canada and Alberta. “High-priced British Columbia (mainly Vancouver) and Ontario (mainly Toronto) markets are projected to see the bigger drops (2.3 and 1.3 per cent, respectively), reflecting a more extensive erosion of affordability,” he wrote. “We forecast the resale declines in the other provinces to be modest to marginal.”
 
As for prices, he is forecasting a significant slowdown in the rate of growth next year everywhere except across Atlantic Canada, with Quebec likely to see a small decline in prices.
 
“Prices in B.C. and Ontario are forecasted to show greater moderation since this is where these negative pressures will be more intense,” he wrote. “Alberta remains at the top of our rankings for next year thanks to its strong economy and in-migration keeping the demand-supply equation still somewhat tight. We expect prices in Atlantic Canada to continue to track a slight upward trajectory.”
 
Source: Globe and Mail
 
Source: Daryl Harris Mortgage Broker

Cleaning to Sell

 

Cleaning to SellIn a recent post, we provided some easy tips for getting your house in shape to show. We focused on repair work such as replacing your roof, removing dated wallpaper, replacing light fixtures and more.

In this post, we’d like to focus on cleaning tips. It’s easy to get in a rut with cleaning, but when you try to look at your home through a buyer’s eyes, you’ll be surprised at the small things that may be unnoticeable to you, but glaring to a buyer.

When getting your home ready to sell, spending some elbow grease cleaning can save you some money and make your home more attractive to buyers. Here are a few of the items to try.

Cleaning Painted Walls

When cleaning painted walls, start with a clean microfiber cloth or sponge and water. Gently wipe or sponge walls. If the grease, grime, and dirt persist, use mild water-based cleaner or dish soap. For difficult stains like soot or tobacco smoke, use a spray kitchen cleaner or all purpose cleaner. Do not use the abrasive side of a sponge, steel wool, or other metal mesh cleaners as these will remove the paint and may mar the drywall.

Caring for Stainless Steel

Ideally, clean stainless steel appliances once or twice a week. Disinfect with a disinfectant spray or bleach and water solution (1 part household bleach to 9 parts water), then use a wax-based aerosol spray. Lightly mist a soft, lint-free cloth and wipe over the surface to remove fingerprints and other marks. Don’t use anything abrasive—not even liquid cleansers or soft scrubbing pads as they can scratch or ruin the surface. If you have hardened, burned-on food on your stove burners, remove them, and soak them in warm water and dish soap until it is soft enough to remove.

Caring for Your Tiles

Clean your bathroom and kitchen tiles using a neutral pH cleaner or make your own with a gallon of water and 1/4 cup baking soda. Apply the mixture to floors with a soft mop or sponge. To clean your grout, use the same baking soda and water mixture, or use a toothbrush to apply a paste of an oxygen-based bleach and water. Allow the mixture to sit for 10-15 minutes, then wipe with a soft cloth or sponge and water. Once grout is clean, use a grout sealer to protect it. Apply the sealer with a small, slanted foam brush.

Countertop Stains

Various types of countertop material requires different approaches:

  • Granite: wipe up stains immediately and have your granite sealed yearly. For rust stains, use a poultice of a half-gallon of water to 1/4 cup household ammonia. Use hydrogen peroxide in water for juice or coffee stains. Add a couple drops of ammonia for harder stains. Everyday scratches and wear respond to superfine, grade 0000 dry steel wool.
  • Butcher block: To remove stains and scratches from solid butcher block, sand lightly with a fine wood sand paper. Oil the surface with food-safe wood oil.
  • Solid Surface: Composite, solid-surface materials respond well to gently sanding with a fine dry steel wool or mildly abrasive cleanser. Remove stains with the oxygen-based bleach and water paste described above.
  • Laminate countertops: Stains on a laminate countertop respond will to the bleach and water mixture or kitchen cleaners, but scratches are more difficult to disguise. Try a wax-based polish to fill in small lines and scratches or try this recipe. If your countertop is very marred, consider replacing it or using one of the DIY countertop faux finishes to give it an updated look.

Wood Floors

Clean wood floors with a water-based household cleaner or wood soap, or follow the instructions here. If your floor has scratches, use an oil-based polish in a color similar to your wood to fill in the scratches. If you have many scratches, consider lightly sanding the area and applying a stain-finish combination available at most hardware or paint stores.

Carpet

For synthetic carpets, you might rent a carpet-cleaning machine. Be sure to use only the soap or cleaning solution suggested, and avoid applying too much soap as the residue may attract more dirt.

Source: Alan and Heather Davis

Three Bedroom Home for Sale at 944 Strathcona Street, Winnipeg

944 Strathcona Street

S/S Tuesday, Aug 5. Open house Sunday August 10 2-3:30 p.m. Offer Monday Aug 11, 5 p.m. New fence 2013, some newer windows 2009, Newer furnace and HWT 2009. Appliances – Fridge, stove 2 years old – dryer 2013. Great layout. Untouched original hardwood flooring under carpet in living room and original hardwood in bedrooms. Vendor’s representative says no water in basement. High and dry and ready for development. This is a perfect opportunity in a fabulous location! Great for first time owner, or someone who wants to update and renovate a great house or even for a revenue property. Room to build DT1. Don’t miss this chance! Offers must be subject to vendor’s lawyer’s approval
 
944 Strathcona Street-11944 Strathcona Street-5944 Strathcona Street-3944 Strathcona Street-4

More information and pictures about this Home by clicking on this link: 999-rose.ca

Wanting to view this Home, Contact Realtor Rosalie Drysdale at 204.999.7673 or email Rosalie through her Contact Page.

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Three Bedroom Home for Sale at 497 Brock Street, Winnipeg MB

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Absolutely fabulous home. Original oak hrwds in excellent condition – stained darker. Beautiful large porcelain tiles throughout kitchen, back entrance, and upstairs bath. Huge completely renovated kitchen with granite counters, high end stainless steel appliances – deep sink -tons of windows (all new).

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More information and pictures about this Home by clicking on this link: 999-rose.ca

Wanting to view this Home, Contact Realtor Rosalie Drysdale at 204.999.7673 or email Rosalie through her Contact Page.

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