What a more balanced market means
By now, you've probably heard the stories: bidding wars have slowed drastically (although the still DO happen), and houses are sitting, waiting for buyers to make an offer.
Good for buyers, not so great for sellers?
After the last 10 years of crazy and sometimes reckless bidding, this must come as a bit of a shock to sellers, but a more balanced market is good for everyone.
Great for buyers!
Obviously it's great for house and condo buyers in Winnipeg. There are more choices, with nearly 1,900 houses and over 600 condos available to pick from in Winnipeg alone. Interest rates are still super-low, economy looks great, so NOW is the time to step forward and invest in your first home.
What does is mean for Sellers?
Choose your Listing Agent wisely. Does he/she advertise beyond the MLS®? Do they run print ads? Google their name before you select an agent! Do they have a social media presence? YouTube channel? Or do they think facebook is something that their grand-kids are using to play games?
When all is said and done, Winnipeg offers EXCELLENT value for a home buyer, especially now. How excellent? Lets compare these two homes, once in Calgary and one in Winnipeg.
The Calgary Home
Built in 2001, it's a 2 storey home with a total of 1,120 sq feet, 3 bedrooms and 1.5 baths, no garage.
The Winnipeg Home
Built in 1994, it has over 1,800 sq feet, 3 bedrooms, 2.5 baths and a double attached garage.
Which of these homes sold for more? To make it interesting, let's have a contest! I will randomly select 2 people from the WINNING answers to receive a $25.00 Gift Card for Bed, Bath & Beyond.
Contest ends on Sunday, Oct. 12th at 7 pm when the winners will be announced on our facebook page https://facebook.com/winnipeghomefinder
About the Publisher
Bo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist. Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages. He can be reached easily By E-Mail or call/text him Call/Text HereNever miss an episode of our real estate podcast. Install our FREE Podcast App available on iOS and Android. For your Apple Devices, click here to install our iOS App. For your Android Devices, click here to install our Android App. Check my videos on Youtube
BenniGholami
Sometimes it's not the external façade of a house that draws a buyer to bid more on a house for sale! It's important to make sure the interior is staged properly and things are well looked after if you want a higher offer on your house. It's also quite important to make sure that the implements, fixtures and working bits of the house are all functioning properly too..
Jai Voyer
Way to go Sabrina M Hogan!!!!!
Winnipeg Home Finder
And the winners are: Andrew Taylor and Sabrina M Hogan. Please contact me via messenger to arrange delivery of the Gift Cards.
Bo Kauffmann
A more balanced market is a good thing, all around.
Winnipeg Home Finder
Winnipeg buyers have been waiting for a more balanced market……it's here!
Bo Kauffmann
A more balanced market is exactly what buyers have been waiting for.
Jai Voyer
Winnipeg! 🙂
Jade Wellby
Calgary!
Annily Salvador
Winnipeg!
Pauline Tober
Winnipeg of course
Sabrina M Hogan
calgary for sure, I am originally from there and know what their housing market is like, but Winnipeg is becoming more and more expensive as well. Calgary still takes the lead though in the pricing of the housing market.
Greg Riedner
Gotta be Winnipeg 🙂
ELa Lopez Roxas
Winnipeg.. Indeed!
Andrew Taylor
Calgary but it's cause you get more for your money here
Rachel McDonald
I believe it was Winnipeg! 🙂
Rafiq Punjani
Calgary for sure Bo..
Heather Sim
i think calgary.
Tim Turner
Winnipeg, definitely.
Greg Riedner
The Winnipeg one Bo
Sukhjeet Kaur
Calgary for sure
Neil Rabin on Facebo
thats all you can hope to be
Bo Kauffmann on Face
strive to be different… lol.
Neil Rabin on Facebo
your stuff stands out from the crowd
Neil Rabin on Facebo
thats great
Bo Kauffmann on Face
I just use them for online market-graphs. On my blog, each month I give a market update….
Neil Rabin on Facebo
postcards
Neil Rabin on Facebo
what do you use it for
Neil Rabin on Facebo
I appreciate it so much thank you
Bo Kauffmann on Face
I asked him to create 4 different ones, 5 bucks each….
Bo Kauffmann on Face
From Lithuania
Bo Kauffmann on Face
Hi Neil Rabin… yes, I had to look it up because it was a couple of years ago, but here is the link. He did very nice, and fast work. https://www.fiverr.com/forfivver His name is "forfivver"
Neil Rabin on Facebo
can i ask who you used at fiverr
Neil Rabin on Facebo
they did that at fiverr i think it is awesome
Bo Kauffmann on Face
I do them…. I had a master template created on fiverr and now I just fill in the graphs via PowerPoint
Neil Rabin on Facebo
Bo Kauffmann who does your graphics they are great
Panda Boulton
Calgary! But they were probably close in price!
Mukesh Barmeda
I'm going to go with Calgary since I was just there and saw some of the values of the homes.
Winnipeg Home Finder
Which do you think sold for more money? The one in Calgary or the one in Winnipeg?
Winnipeg Home Finder
Thank you all for voting. ALL of your votes will be counted and included, but I had to start a new contest, as this picture had too much text for facebooks guidelines. Rest assured, all your entries WILL be included in next week's draw…
Amilou Cajucom
Winnipeg sold for more!
Jeannette Letexier-A
Calgary sold for more
Jeannette Letexier-A
Calgary sold for more
Jeannette Letexier-Amos
Calgary sold for more
Shannon A MacCoy-Mah
Winnipeg
Laura Koe
Winnipeg sold for more
Jessica De Lury
Calgary
Cori Toews
Calgary sold for more
Katherine Draho
Calgary sold for more
Myk Shane
Winnipeg sold for more
Christina Buydens
Winnipeg sold for more
Chæ Æn&n
Calgary sold
For more
Ron Chan
Calgary sold for more.
Sonya Gingras
Calgary sold for less.
Michael Tyefisher
Calgary sells for more
Kerry Forsyth
Winnipeg sold for more
Winnipeg Home Finder
OR your could say: The one in Winnipeg sold for more?
Winnipeg Home Finder
Sample: I think the one in Calgary sold for less.