Winnipeg Real Estate Newsletter – October 2018 – News, Tips, Updates

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October 2018 Newsletter

Welcome to this months’ real estate news.  We wanted to make you aware of a super fundraising event, in support of D’Arcys Animal Rescue.
Winnipeg Real Estate Newsletter - October 2018 - News, Tips, Updates
October 26th, Friday evening, our Bud-Spud and Steak features TWO entertainers.

Tickets still available at Eventbrite  …

We hope to see you at this event.

 

Winnipeg REALTORS® Market Report for September 2018

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesWINNIPEG – September sales of 1,046 were disappointing as they fell 12% in comparison to September 2017 and were off 9% from September’s 5-year average of 1,156 sales. On the other hand, new listings were up 6% and inventory of 5,134 listings grew by 11% over the same time last year.
Year-to-date sales activity shows sales of 10,264 are down 7% over the same period in 2017 while dollar volume has decreased 5% to $3.0 billion. Listings entered on the MLS® at the end of September are 19,771, up less than 2% from 2017.
If you look back before 2016 and 2017, the best years ever on record where sales after nine months were right around 11,000, year-to-date sales are very much in line with 2015 and 2014 and much closer to 2013 in total sales.
In September there were 5 million dollar plus single family home sales with one selling for $2 million. The lowest sales price was $44,500. For condominiums, one unit sold for close to $1 million at $964, 950 while the lowest one went for $66,500.
The average days to sell a residential-detached or single family home was 32 days while for condominiums it was a week longer at 39 days.

7 Simple Yard Cleanup Tips – Getting Your Property Ready For Winter

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesMost people love looking at the leaves, carving pumpkins and watching football during the fall months. While those are all excellent ways to spend your time, you should also be making plans for your yard cleanup before the harsh weather sets in. Here are some tips that can help in preparing for winter and the challenges it may pose to your property.

7 Simple Yard Cleanup Tips – Getting Your Property Ready For Winter

Ecoline Windows – Making Small Spaces Seem Bigger – Home Staging Tip

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, Updates7 awesome tips to making small rooms and houses seem bigger. Staging, lights, windows can all be helpful in enlarging small spaces.
Both natural light and artificial sources will help your room look larger. Dark shadows that make the room look small disappear when you turn up the light. Get rid of any heavy draperies blocking the sunlight. You can either leave them bare or add some light-weight sheers.

Ecoline Windows – Making Small Spaces Seem Bigger – Home Staging Tip

Common Roofing Problems & How To Fix Them – Advice For Home Owner

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesPutting a roof over your family’s head is probably the best decision you’ll make in your lifetime – granted the said roof is hazard-free, that is. That’s why you should examine the rooftop carefully when looking for a place to settle down: if you fail to check the area upstairs, you may see your investment go down the gutters within a few months. Here are top ten roof issues that can cost you a small fortune if not timely detected.

Common Roofing Problems & How To Fix Them – Advice For Home Owner

Top 10 reasons to use a Mortgage Broker in Winnipeg When Buying A Home

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesA mortgage broker has access to mortgages from a huge range of lenders – so their clients have by far the best choice of rates and mortgage options. With partnerships in a vast network of over 50 lending institutions, including banks, credit unions, trusts, national and regional lenders, and non-traditional lenders, your broker can help design the perfect mortgage for you.

Top 10 reasons to use a Mortgage Broker in Winnipeg When Buying A Home

Remodelling Projects That Recover Their Costs – Best Value Added Project

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesRarely is a home remodelling project as affordable as painting the interior. At a minimal price, you can create a brand-new look in your home and appeal to a great number of buyers. This is a simple DIY project that will bring great value to your home and it’s bound to pay off.
Some remodelling projects are more worthwhile than others. Some add more value to the house, and in fact recoup their costs when the house is sold.

Remodelling Projects That Recover Their Costs – Best Value Added Project

6 Super Fall Decoration Ideas For Your Home – Decorating In Fall Time

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesA new season brings new colours outside. The interior should follow as well, as it is time to redecorate your living space. Be sure to check out these 6 fall decoration tips for your home and spend only a moderate amount of money on it.
Fall time is a fun time for home owners to change the colours and decor of their homes. Here are 6 super tips for fall decorations.

6 Super Fall Decoration Ideas For Your Home – Decorating In Fall Time

Condo Fees vs. House Expenses – A Perspective – Infographic & Video

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesProspective home owners sometimes use the subject of condo fees to justify their preference of a house over a condo.  The argument is:  “If I buy a house, I can save the condo fees.”  This reasoning is not entirely accurate, since it assumes that house-ownership is completely without cost.
Comparing condo fees with similar house ownership costs. Condo fees pay for a lot of things that cost extra in a house.

Condo Fees vs. House Expenses – A Perspective – Infographic & Video

 

Here are our top 7 real estate news and related articles for September 2018.

We hope you enjoy them.  Updated every month.

Winnipeg Housing Market Report – Sep 2018 – Winnipeg Real Estate News

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesWelcome to our custom Winnipeg Housing Market Report.  Each month we look at the numbers of available listings, sales and expired listings stats in Winnipeg’s housing market.  This report will include Winnipeg, E/St Paul and Headingley, and focus on homes in the 100K to 500K range.  This market update includes detached homes, attached homes (commonly known as side-by-sides) townhouses and mobile homes.  It relies on stats from the MLS® and Winnipeg Real Estate Board.

Winnipeg Housing Market Report – Sep 2018 – Winnipeg Real Estate News

Expired Listing? Did Your House Or Condo Fail To Sell? What To Do Next?

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesEven at the height of our busiest times in the past few years, approximately 25% of listings did not sell during the first listing period, becoming an expired listing in Winnipeg.  So you are not alone.  But now is the time to take a closer look at why the listing failed to sell.  Here are a couple of the major reasons this could be: Expired Listing? Did Your House Or Condo Fail To Sell? What To Do Next?

To-Dos: Your September Home Checklist

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesPrep your home for cooler weather with these tasks to do in an hour, over a weekend and during the month of September.

To-Dos: Your September Home Checklist

 

7 worst mistakes made by first time home buyers in Winnipeg

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesBeing first time home buyers is an exciting time.  Owning your own home is a dream-come-true for most of us, as home ownership comes with many benefits.  However we need to keep in mind that buying your first home is a major financial investment.

7 worst mistakes made by first time home buyers in Winnipeg

Home Buying Steps | Selecting a Mortgage | Real Estate Professionals

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesSo you’re thinking about buying your first home. Your very own house (and mortgage). A place to call — and make — your own. That’s where this guide comes in. We’ll show you not only the major steps you’ll take during the home-buying process, but also explain the relationships and experts you’ll need along the way. We’ve even made a handy infographic that outlines the home-buying process from start to finish.

Home Buying Steps | Selecting a Mortgage | Real Estate Professionals

Property Management Companies – Best Practices and Features

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesMany real estate investors, when first getting started, chose to do all of the work themselves.   Let’s face it, if you just own one or two properties, it’s not too tough.  But once your portfolio grows to 3, 4, 6 or more properties, hiring a great property manager will be a wise next step.  Here is what services, costs and features to look for in property management companies you might consider:

Property Management Companies – Best Practices and Features

Winnipeg Real Estate Agent – What Consumers Should Expect & Demand

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesWhether you are buying or selling, a house or a condo in Winnipeg, chances are you’ll be using a Winnipeg real estate agent to help you in your quest.  With over 1,500 local REALTORS® competing for your business in Winnipeg alone, you should expect a certain level of service.  Here are some of the main qualities to look for in a real estate pro, whether you are buying or selling, a house or a condo.

Winnipeg Real Estate Agent – What Consumers Should Expect & Demand

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, Updates
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Winnipeg Real Estate News – August 2018

Here are some Winnipeg real estate news articles that caught our attention, and we thought they were share-worthy.

Home Buying in Winnipeg is a team effort – What home buyers need

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesOver the past few years, potential buyers of houses and condos have been conditioned to go to their banks and get pre-approved.  While pre-approval is a very important step, I personally recommend that it is NOT the FIRST step in your home buying process.

Home Buying in Winnipeg is a team effort – What home buyers need

New Construction or Resale Homes – Pros & Cons of each – Winnipeg Home Buyers

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesMany of us dream of building their own home according to their preferences – a place where they will feel like themselves, relaxed and sheltered from the outside world.

The truth is, when it comes to building a new home, it will always be a seller’s market from the moment you start to do business with a builder, while it’s really a buyer’s market when it comes to older homes. New Construction or Resale Homes – Pros & Cons of each – Winnipeg Home Buyers

15 Winnipeg Patios You Need To Add To Your Summer Bucket List – Narcity

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesThe struggle for a spot on the patio is so real! Our nice Winnipeg days are numbered so we need to make the most of it. So take your personal (patio) day and check out these 15 Winnipeg Patios You Need To Add To Your Summer Bucket List.

More info via Winnipeg’s Real Estate Blog narcity.com

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To-Dos: Your August Home Checklist

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesAs summer winds down, take these steps to get your home and family organized for fall

Not even thinking of getting cold here yet thankfully. Just enjoying the heat and glorious weather. Have not closed the sun room door to outside since the end of winter.

More info via Winnipeg’s Real Estate Blog houzz.com

Natural Gas Furnace vs. Electric Furnace – Which is better for your home?

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesWhich is a better way to heat your home? Natural gas furnace or an electric furnace?

This question led me to do a little research and I was quite surprised by what I found.  Each type of furnace has unique advantages, and some disadvantages as well.

Natural Gas Furnace vs. Electric Furnace – Which is better for your home?

Winnipeg Home & Consumer Show – Fall 2018 – Free Home Show – Home Owners

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesNew Winnipeg Home & Consumer Show. 32 Exhibitors from variety of home & consumer related industries.Great for home owners, buyers, sellers in Winnipeg. FREE

Announcing a new Home & Consumer Show Exhibition.  For all Winnipeg home owners, buyers, sellers or those planning to be.

Winnipeg Home & Consumer Show – Fall 2018 – Free Home Show – Home Owners

Top 10 reasons to use a Mortgage Broker in Winnipeg When Buying A Home

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, UpdatesA home is the biggest purchase most of us will ever make.

A mortgage broker has access to mortgages from a huge range of lenders – so their clients have by far the best choice of rates and mortgage options. With partnerships in a vast network of over 50 lending institutions, including banks, credit unions, trusts, national and regional lenders, and non-traditional lenders, your broker can help design the perfect mortgage for you.

Top 10 reasons to use a Mortgage Broker in Winnipeg When Buying A Home

Real Estate News, Real Estate News And Trends, Real Estate News Articles, Real Estate Related News

Current Real Estate News Articles, News Articles On Real Estate

Winnipeg Real Estate Newsletter - October 2018 - News, Tips, Updates
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Alex Summers
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Alex Summers
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I have never been to these parts of the globe but I agree in these cases a middle man/ broker will do you good. For one they are experts as suppose to you going in blind.

Charlene G
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Charlene G

This newsletter is indeed helpful especially for those who are considering buying a new home. Winnipeg is such a wonderful place–the heart of Canada as they say.

Jose Marquez
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Jose Marquez

Great list of new articles! Looking forward to reading each of them, and excited for the upcoming articles too. Keep ’em coming.

Patrick Bank
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Patrick Bank

Winnipeg is such a nice area to live in. Also, I agree with you, it’s best to go with a real estate broker whenever you’re looking for new properties/houses

Aissa Jo Quizon
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Aissa Jo Quizon

A real treasure trove of information. I’m very glad you keep this always updated. Not a lot of people know what’s up sometimes and find it very good that they can read up on a lot of updates like these from a newsletter, especially what’s going on in Winnipeg real estate should they want to move here or are meaning to renovate their properties. Looking forward to more.

Danice Little
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Danice Little

Even when I don’t live in Canada, I’ve heard good reviews about the country, how organized and efficient the country is. Winnipeg looks very promising, and having a new home there would be a wonderful option for many people.

Marcene
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Marcene

When taking on these life changing endeavors DIY ( Do it yourself) would not cut it. Sure you may have to fork in a bit of money but, as they say BETTER SAFE THAN SORRY.

Gonzalo
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Gonzalo

I can understand what a broker is but a mortgage broker??? Anyway, regardless of its name it is a no rocket science that when it comes to these transactions you got to have help. Winnipeg or anywhere for that matter.

kuttan
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kuttan

thanks so many points put together,if you have a basic idea in the construction and ready to spent a little time for research on cheap and good building materials, availability and rates of building workers ,collecting info on cost effective contractors then building a new home won’t be a big task but also you need to have at least 20 % more fund than the anticipated budget to cover raising costs