Info and Tips for Buyers and Sellers of Winnipeg Real Estate
Winnipeg Condo Buyers, Sellers & Owners
Buying a Condo – Selling a Condo – Winnipeg Condo Tips & Information
Tips, Advice and News for Condo buyers, sellers and owners in Winnipeg.
Whether you are looking to buy a condo, sell your condo or just want to keep up with condo rule and law changes, this is a great place to get the info you need.
Articles for first time home buyers, buyers looking to downsize to a condo, or owners looking to sell their condo units.
Situations when a condo might be the right choice for you Condo living has a number of benefits for people of all stages of life. With a condo you can work with your condo board and condo agency to determine the big decisions, such as how to deal with damaged property, and a caretaker will be available to clean the outside of your building (including everything that you won’t personally own, like the hallways).
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It’s an often-reported fact that Winnipeg‘s population is aging, and as such, 55-plus condos were becoming quite popular. In fact, there are numerous advantages to owning a condo. However, the recent changes to the Condominium Act have made bylaws, which restrict ownership based on age, obsolete.
These were units with bylaws which state that the owner/occupant of the unit must be at least 55 years of age. (Some 55-plus condos have dropped this age requirement down to 50 yrs, in an effort to attract more buyers). Even though they are no longer technically allowed to discriminate based on age, there are still a number of condos where ownership is mostly the mature, even elderly persons. See the list at the bottom of this post.
For the right person, there are a number of advantages to these (formerly called) 55-plus condos. Here are a few:
1) Security
Many of these 55-plus condos are built with security in mind, sometimes with security cameras but almost always with good secure locks on well-lit entry ways.
2) Handicap accessible
Many buildings feature wider-than-normal hallways, doors and bathrooms, to allow access via wheelchair or walker.
3) “Community Spirit”
Quite often, the residents organize weekly pot-luck dinners, shopping trips, card-games and other outings.
4) “Birds of a Feather”
Since everyone in the building is 55 yrs or older, and most often retired, residents tend to have a lot in common, and friendships are made easily…. if you WANT to do so.
5) Conveniences
Local grocery stores often arrange weekly bus-trip to their shops. Some condos arrange for a local nurse to attend monthly, or bi-monthly for a general visit.
Amenities in 55-plus condos often include common rooms
6) Amenities
55-plus condominiums often feature amenities not found in regular condos. Things such as a library, a meeting room, a lounge with kitchen, a fitness room and more.
List of former 55-plus condos in Winnipeg
Although not officially able to maintain a 55-plus restriction, these condo communities should have a majority of elderly owners.
Home-owners who are thinking of selling their houses for a variety of reasons (want to travel, no more yardwork, security issues), but don’t feel they are ready for a retirement community, might well consider checking out a 55-plus Condominium. There are a growing number of such communities in Winnipeg. For a sample list of addresses which feature “age-restricted’ condos, click on 55 plus condominiums.
Bo Kauffmann at Remax Performance Realty 204-333-2202. If you’re thinking of selling your current home, or thinking about 55 plus condominiums and wish to discuss your options, please call me anytime.
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Spotlight on: Copperstone Estates Located in popular Island Lakes in the south end of Winnipeg, Copperstone Estates Condos offer the best of condo-living. It should be noted that with these types of units, owners are generally NOT permitted to store their boats, RV’s or snowmobile trailers on their front drives.
Buying Your Own Home Is Easier Than You Think Are you still renting? So if you’re thinking of getting into the housing market or into the owning your own home market, condos are a great option because right now there are still over 600 condos for sale, which is comparable to last year at this time.
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