Here are some home selling tips to help you get the most money, and the quickest sale for your home this year. Your property is NOT the only one on the market, and sellers should try and stand out from the competition, to entice buyers to make an offer.
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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.
Every experienced gardener knows that taking care of plants is a year-long commitment. Watering is still necessary If you have evergreens, don’t forget to water them adequately as they can suffer during the winter.
Spotlight on: Sky Waterfront Condos
Located along scenic Waterfront Dr. in Winnipeg, we find the this very special condo project. The Sky Waterfront Condos. This modern, all concrete building offers many amenities along with its central location. Close to the baseball park, the new Human Rights Museum and theatres, in the East Exchange District.
Year Built: ca. 2009
Sky Waterfront Condos are made up of 112 condos in 1 building. There are 2 sections to this building, one being 5 storeys tall, the other 7 storeys. Totally connected, each section also has its own elevator. Units range in size from 809 sq feet for a 1 BR plus den, to larger units of 1600 sq feet. There is even a 2,000 sq ft unit as well. Note, the 1 BR plus den could actually be called a 2-BR unit: even though the ‘den’ does not have a window, it is equipped with a sprinkler system.
Just the usual condo-restrictions, such as “No Laundry to be hung from the balcony” etc. Pets are allowed, so long as they don’t pose a nuisance to other owners. Owners are allowed to rent out their suites, however must put up a $1,000 leasing levy to assure that their tenants abide by all rules.
Gross Property Taxes range between approx. $2900.00 per unit to $6000, depending on size. Of course, as an owner who actually lives in their unit, you would qualify for the Provincial Home Owners Assistance Rebate, similar to when you own a house.
Condo fees range between $250 and $500 per month, which includes snow removal, property maintenance, water and management fees. Owners pay for their own hydro, telephone, and cablevision.
Laundry and Parking
All units have their own insuite laundry, and most have an underground parking spot, although a few include an outdoor spot.
Amenities of Sky Waterfront Condos
This building has some very nice amenities, including a spacious fitness room, a residents lounge with TV, kitchen and pool table, and a nice rooftop patio with gorgeous views of the river and downtown. Suites include central air and furnace.
Location of Sky Waterfront
Very central location, right on Waterfront Dr, this condo is close to the theatre district, the ballpark, the Canadian Museum of Human Rights and much more. You’ll find restaurants close by, in the Exchange District of Winnipeg.
During the 2 yr period of 2016-17, condos at Chimney Ridge have sold for between $237,000 (for an 800 ft 1-BR) and $412,000 (for the 1555 multi-level unit) (MLS® stats)
If you’re in the market to buy a condo, whether at Sky I Waterfront Condos or anywhere else, please contact me anytime…. “Bo Knows Condos“
If you’re thinking of selling your condo, anywhere in the city, please contact me anytime.
Direct Cell 204-333-2202 or email me at [email protected]Our Latest Web-Stories Never 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
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Fun article on how a dark home because a light-filled retreat. Located off coast of B.C. Photos and description to give you ideas for your home renovation.
Concrete is functional and long lasting. But did you know it could also be beautiful? Lets look at the art of ‘stamped concrete’ , where patterns are stamped into the wet concrete. It can be used around pools, patios but also inside the home and garage floors. Take a look at some of these ideas…
Backyard renovations that extend your living space beyond your walls. Improve home and property value with these backyard reno projects. Increase curb appeal, enjoy your property longer and more often. Some projects are DIY, and some may require professionals.
Your outdoor space is often unappreciated or under used. During beautiful weather seasons you can extend your living space, adding party space to your home. Curb appeal and gorgeous yards receive special attention from home buyers. Here are some tips to get your yard in shape, whether for your own use or for selling…
Designing your yard | Creating a perfect outdoor space | extending your homes’ living space | Landscaping design ideas for your home | #landscaping #yard #outdoor #backyard
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Buying an Investment Condo? 4 things to look for!
A friend of mine had called me some time ago, and asked me to give him a Market Evaluation on his investment property in #Winnipeg. Turns out he had purchased a small condo about a year before, and had done so ‘privately’, without the use of a real estate agent, a decision he now regretted for several reasons. As we were talking about his investment property , my mind went over the top features any investor should be looking for when purchasing a condominium.
Location, Location, Location
You’ve heard this before. The top three most important things in #realestate are….well, you know. Its no different when purchasing an investment #condo, or a condo for your own personal use. Will it be easy to resell, or does the location hamper your re-sale efforts? If you’re going to rent it out, is the condo located near public transportation routes? Is the neighbourhood safe? Many factors come into play.
— VIP Condo Brokers (@VIPcondobroker) December 22, 2016
Parking, especially in central locations such as downtown, is always at a premium. Even if you are lucky enough to rent out your investment property to someone who does not drive their own vehicle, reselling a condo without its own parking spot is more difficult.
With several apartment-to-condo conversions underway, it’s easy to forget that a balcony is still one of the most important features requested by buyers. Without a spot to sit outside, perhaps read a book in the fresh air or throw some beef on the ‘que, owners and renters will feel trapped inside their condo. Make sure your investment condo has a balcony or, if located on the main floor, it has a patio space.
Less important with single men, but in-suite laundry is almost ‘vital’ to female condo buyers and renters. Having a secure place to do your own laundry is, at the very least, a ‘nice to have’ feature. Sometimes, a condo which has no in-suite laundry is at least able to add this feature later on, so you may want to check into this possibility.
The above 4 features are perhaps the most important ones to consider. Depending on your price range, you may want to consider several more:
Bonus: Concrete Building
Usually a little more expensive, but well worth the price. Quieter, more solid and stable, an investment property with concrete floors and walls will also make for easier resale.
Bonus: Central Air
Central air conditioning and heating is another nice-to-have feature, making the condo more comfortable and easier to rent out.
Bonus: Secure Parking
Especially with our winter climate, having underground or indoor parking is an often-requested feature, albeit at a price premium
Back to my friend: His private purchase ended up being a very poor deal, as his investment condo had NONE of these features. Located in a rough part of town, no parking spot, no balcony, no in-suite laundry and on the 3rd floor with no elevator will make this a very tough sale, even in a hot market.
Moral of the story: If you’re going to invest some serious money into real estate, call a real estate agent BEFORE you plunk down the cash. I would much rather guide you in the right direction, than try to help correct a mistake already made.
If you’re thinking of buying an investment property, call me first.
Bo at 204-333-2202
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