Condo Fees are how much? This can be a shocker to some, it’s not uncommon for a monthly condo fee to be equal or more than a mortgage payment.

So the time has come to move out or stop renting and you’re looking to buy a new home. Maybe you’ve been putting a down payment aside while living in your parents basement, maybe you’ve been renting and tired of giving away a mortgage payment to someone else. Now it’s time to get started (or restarted) with the real estate market. 

Most people start by poking around online and start seeing some homes, get nervous when they see the prices, and start looking at condos thinking it's a more cost effective option, and then they see the condo fees. This loop leads to a frustrating place, that feeling that you’ll never be able to afford a home. But there is an often overlooked sweet spot. 

Not only are single attached, sometimes called duplexes, a great option to stretch your dollar further. They also offer greater privacy over a condo, plus you’re not as reliant on a condo board to make key decisions on your home.

The positives of an attached home are plentiful. The first and most obvious is cost, your dollar goes a long way when compared to a detached home. According to the Winnipeg Real Estate Board in March 2024 the average price of a detached home was $418,748 where a single attached home of virtually the same average size (1,387 vs 1,333 respectfully) was $373,316. This is a big chunk of change. 

When you compare it with the average condo price in March 2024 of $273,676, you are paying $100k more, but you should also consider that condo fees can be much more than you anticipate. That’s why when I work with a buyer I ensure we look at the condo fees, what's included as well as the strength of the reserve fund. 

Condo boards are great things, they work towards taking care of maintenance and management of the property. For the most part this is a great advantage to condos, however not everyone will have the same objectives. Perhaps you’re more interested in having the hallways painted but the board is interested in getting new garbage bins. Well yes your garbage will be well taken care of, but you will have to see the old paint on the walls every time you head home. To some it is not a big deal but to others this little bit of indepence is a nice advantage to controlling the destiny of your home. 

While we’re on the topic of maintenance, I have had many buyers mention they hate shoveling snow or mowing the lawn. The good news is there are companies that will do that for you, and they will most likely be less expensive than a condo fee. 

Another important thing to consider when it comes to real estate is property appreciation, if all goes to plan your home should be more valuable over time. Looking at last month we can see that single attached homes are outpacing both condos and single detached homes over the last five years when looking at average sale price.

I’ve had buyers express concern about sharing a wall with a neighbour and not very interested in that aspect, however with a condo you’re sharing more than just a wall. Usually you have someone on either side, across the hall, above and below. So my thought is always, if you’re willing to share multiple walls with neighbours, bringing it down to just one is a win-win. 

Let’s quit doom scrolling on online listings and let’s go take a look at some single attached homes and let me show you just how great of an option these little gems are. 

I can’t think of a better way to kick off the new wedding season than with the 2024 Wonderful Wedding Show. There’s lots to see and do all squeezed into two fun packed days. We want to help you make the best of your time there. Fill out the information below and we will have some customized ballot entries ready for you at the Wonderful Wedding Show. 

See you there!

It's one of the age-old debates in the real estate world – should you take the plunge and buy a place to call your own, or keep the flexibility of renting? As your friendly neighbourhood realtor, I'm here to shed some light on the pros and cons of both options so that you can make an informed decision that suits your lifestyle and goals.

Pros of Buying:

1. Building Equity: When you buy a home, you're building equity, which is essentially the difference between your home's value and the remaining mortgage balance. As you make those monthly payments, you're investing in your future.

2. Decor Freedom: Homeownership means you can paint the walls neon green, install a treehouse in your backyard, or renovate the bathroom to resemble a spa - it's all up to you (and maybe your budget).

3. Stability: No more worrying about annual rent hikes or landlords who might decide to sell the property. With a fixed-rate mortgage, you can lock in your housing costs and enjoy financial stability.

4. Tax Benefits: Homeowners get to enjoy tax deductions on mortgage interest and property taxes, which can save you some cash come tax season.

5. Pride of Ownership: There's something deeply satisfying about having a place that's truly yours. Plus, you get to join the exclusive "I have a home" club!

Cons of Buying:

1. Upfront Costs: Buying a home typically requires a hefty down payment, closing costs, and ongoing maintenance expenses. It's not for the faint of heart or thin of wallet.

2. Tied to One Location: Homeownership can limit your mobility. If you're the adventurous type or unsure about your long-term plans, buying may not be the best idea.

3. Homeownership Responsibilities: No more calling the landlord to fix a leaky faucet. You're the handyman now, or you'll need to budget for repairs and maintenance.

4. Market Fluctuations: Real estate markets can be fickle. Your home's value may increase over time, but it could also dip, and that's something to consider.

Now, let's check out the flip side.

Pros of Renting:

1. Flexibility: Renting allows you to move without the hassle of selling a property. Ideal for job hoppers or those who want to explore different neighbourhoods.

2. Lower Upfront Costs: Generally, renting requires a smaller upfront investment compared to buying. No need to scrape together a massive down payment.

3. No Maintenance Headaches: Leaky faucet? Just call your landlord. Broken heater? Your problem ends at the phone call – no need to budget for major repairs.

4. Less Financial Risk: You won't lose sleep over fluctuating home values, property taxes, or interest rates. Renters enjoy a level of financial predictability.

Cons of Renting:

1. No Equity Building: The monthly rent you pay is helping someone else build their equity, not yours. It's essentially an expense, not an investment.

2. Limited Control: Renting means living by someone else's rules. Can't paint the walls neon green? Sorry, you'll need to stick with a more muted colour.

3. Rent Increases: Rent can increase year by year, potentially making it more expensive than a fixed-rate mortgage over time.

4. No Tax Benefits: Renters miss out on the tax deductions that homeowners enjoy.

In conclusion, the choice between renting and buying ultimately depends on your unique circumstances and long-term goals. There's no one-size-fits-all answer, and that's where I come in as your friendly realtor. I'm here to help you navigate this exciting journey, whether you're dreaming of homeownership or you're happily renting.

Remember, I'm just a call away for any real estate questions or to help you find your perfect place, whether it comes with a land title or a lease agreement.

Living in a condo (condominium) can offer several benefits that make it an attractive housing option for many individuals. Here are the top five reasons why living in a condo can be beneficial:

1. Low Maintenance: Condo living often comes with the advantage of reduced maintenance responsibilities. The condo association or management typically takes care of exterior maintenance, landscaping, and common area upkeep. This allows residents to enjoy a well-maintained living environment without the burden of these tasks.

2. Amenities: Condos often offer shared amenities such as fitness centers, swimming pools, rooftop gardens, entertainment rooms, and more. These facilities can provide a higher quality of life and recreational opportunities that might not be feasible in other housing options.

3. Security and Safety: Many condos offer enhanced security features such as gated entrances, surveillance cameras, and secure access systems. This can provide residents with a sense of safety and peace of mind, particularly in urban areas.

4. Location: Condos are often located in prime urban or desirable areas, offering convenient access to city centers, shopping districts, entertainment venues, and public transportation. This can lead to reduced commuting times and increased opportunities to engage in cultural and recreational activities.

5. Community and Social Interaction: Condo living fosters a sense of community due to shared spaces and common areas. This environment can lead to increased social interactions and networking with neighbors, making it easier to form friendships and connections.

While these benefits are appealing, it's important to consider individual preferences and circumstances before choosing to live in a condo. It's also advisable to thoroughly research the specific condo association's rules, fees, and regulations before making a decision.

Hey there, homeowners and potential sellers!

So, you've decided to put your house on the market and you want to make sure you get the best deal possible. Well, fear not! I've got you covered with some casual and practical tips to help you prepare your home for sale. These tips will attract buyers like bees to honey.

1. Bye-Bye Personal Stuff!: First things first, let's clear out those family photos and personal items. You want buyers to envision their own stuff in the house, not get distracted by yours.

2. Bust the Clutter: Decluttering is key! A tidy home will show off its best features. Consider renting a storage unit to stash away stuff you don't need during the selling process.

3. A Fresh Coat of Paint: A little paint can go a long way. Stick with neutral colors that most buyers prefer. Plus, it gives your home a newer and fresher look.

4. Fix 'Em Up: Do a thorough home inspection to catch any minor repairs or replacements that need fixing. A well-maintained home is more appealing to buyers.

5. Clean Like a Boss: Time for a deep clean! Clean surfaces, cabinets, and closets. Make everything sparkle, inside and out.

6. Banish Odors: No one wants to be greeted by unpleasant smells. Get rid of any lingering odors, especially those from pets. Fresh air is always a winner.

7. Let Nature In: Add a touch of nature with some fresh flowers. It can really enhance the overall feel of the home.

8. Curb Appeal Matters: First impressions count, so spruce up that front porch and entrance. A little landscaping and a fresh coat of paint on the front door can make a big difference.

9. Let There Be Light: Brighten up your home! Adequate lighting can positively impact emotions. Make sure all light fixtures work and replace any burnt-out bulbs.

10. Ace the Front Entrance: The front entrance is like the grand finale. Make it count! Fix any light bulbs and ensure a pleasant aroma welcomes visitors.

With these 10 tips, your home will be irresistible to buyers. Remember, you're not just selling a house; you're selling a lifestyle. So, put your best foot forward, and happy selling!

So, you're ready to take the leap and buy your very own home? That's fantastic news! But hold on just a minute before you sign on that dotted line. Buying a house is a big decision, and you want to make sure you're fully prepared for what lies ahead. To help you out, I've put together a list of ten things you absolutely need to do before buying a house. So, grab a cup of coffee, put your feet up, and let's dive right in!

1. Get Your Finances in Order: Before you start looking at potential homes, it's crucial to assess your financial situation. Take a good look at your savings, income, and credit score. Set a budget for yourself, including how much you can afford for a down payment and monthly mortgage payments. Knowing your financial limits will help you narrow down your options and avoid any unpleasant surprises down the road.

2. Save Up for a Down Payment: Saving up for a down payment is a significant milestone on your journey to homeownership. Aim to save at least 20% of the home's purchase price. While it may seem daunting, a larger down payment can save you money in the long run by reducing your monthly mortgage payments and avoiding mortgage insurance.

3. Research Mortgage Options: Explore different mortgage options and lenders to find the best fit for your needs. Consult with multiple lenders to compare interest rates, terms, and closing costs. Don't forget to consider pre-approval, as it can give you a competitive edge in a hot real estate market.

4. Determine Your Must-Haves: Make a list of your non-negotiables and must-haves in a home. Consider factors such as location, size, layout, number of bedrooms, and any other features that are important to you. This will help you focus your search and avoid wasting time on properties that don't meet your criteria.
   
   Text “NeedsWants” to (204) 818-2709 to get my Free Needs vs Wants Tool to help you better understand what is important to you in your next home.

5. Hire a Real Estate Agent: Working with a professional real estate agent can be a game-changer. I have the expertise and knowledge to guide you through the home-buying process, negotiate on your behalf, and help you find the best property that matches your needs and budget.

6. Do Your Homework: Research the neighbourhoods you're interested in. Look into the local schools, amenities, crime rates, and future development plans. Visit the area at different times of the day to get a feel for the atmosphere. Don't be afraid to chat with neighbours to gather insights about the community.

7. Get a Thorough Inspection: Once you find a home you love, don't skip the inspection! Hire a professional inspector to assess the property's condition and identify any potential issues. This will save you from costly surprises and give you leverage in negotiations if repairs are needed.

8. Calculate the True Costs: Remember that buying a home involves more than just the purchase price. Take into account additional expenses like property taxes, homeowner's insurance, maintenance, and potential renovations. Knowing the full cost of homeownership will prevent you from getting in over your head.

9. Consider the Resale Value: Even if you're planning to stay in your new home for the long haul, it's always a good idea to consider the resale value. Look for properties in desirable areas with good schools and amenities. A house with strong resale potential can be a smart investment for your future.

10. Trust Your Gut: Finally, listen to your instincts. If something doesn't feel right about a property or the buying process, trust your gut and take a step back. Don't rush into a decision that you might regret later. Patience and careful consideration are key when it comes to finding your dream home.

Congratulations! You're now armed with the ten essential things you need to do before buying a house. Remember, buying a home is a journey, and it's essential to take your time, do your research, and make informed decisions. With the right preparation and a little bit of luck, you'll soon be unlocking the front door of your very own home sweet home. Happy house hunting!

Choosing the perfect neighbourhood when buying a home can be daunting. After all, a house is usually one of the biggest purchases you will ever make, and it's important to select a neighbourhood that offers amenities and comforts that suit your lifestyle. Here are some tips and tricks I use when helping a client find their new community! 

Research Prospective Neighbourhoods Online

The Internet makes researching prospective neighbourhoods easy—start by reading online reviews, studying community maps and browsing real estate listings in different areas. Each factor will give you an initial understanding of what life is like in each location. You can also use digital mapping tools to determine commute times, access public transit options or research local crime statistics. This hands-on approach will help you create a shortlist of ideal neighbourhoods. 

Visit Community Events

Most communities have something going on at least once a week, check out facebook groups, online bulletin boards, anywhere someone might post an upcoming event. Get a feel for the type of people who are involved in the community. If you’re into hiking, perhaps there are hiking groups you can be a part of. Maybe pickleball is your new passion, see if there are any leagues you can join. Into a bumping restaurant scene? See what happening hot spots are within a walking distance.  

Talk With Locals 

Another one of the best ways to get an insider’s perspective about your prospective area is simply talking with locals who already live there—including family members, friends or existing homeowners themselves. Ask them what their favourite aspects of life in the area are; they might be able to clue you in on great restaurants, kid-friendly green spaces or late-night entertainment options nearby! 

Look at Property Values Over Time 

It's also wise to review data on average property values over time in your prospective area before committing. Researching past trends can provide valuable insight into how an area grows over time—which could negatively (or positively) impact future investment prospects for buyers down the line. Take into consideration any town movements (like new infrastructure projects) which could potentially affect overall housing prices before deciding on a particular neighbourhood.'

Picking a neighbourhood can be challenging, but when you instantly feel welcomed into a community the hard work pays off. When I work with clients I like to get to know them and understand what they do for fun, this will help me direct them to a community that will help make their house feel like a home!

Plumbing systems are the often under-appreciated heroes that silently work behind the scenes in our homes. They provide us with clean water for drinking, bathing, and cooking, as well as a reliable drainage system to remove waste. Understanding the fundamentals of plumbing systems is crucial for homeowners to ensure their functionality, prevent costly issues, and maintain a comfortable living environment. In this article, we'll delve into the high-level aspects of plumbing systems, exploring their components, maintenance, and common challenges.

Water Supply and Distribution

The heart of a plumbing system lies in its ability to provide a safe and reliable water supply. This begins with a connection to a municipal water source or a well, followed by a main water shut-off valve to control the flow. Pipes and fittings distribute water throughout the house, supplying faucets, toilets, showers, and appliances with the essential resource we rely on daily.

Drainage and Waste Removal

Once water has served its purpose, an efficient drainage system ensures its swift and hygienic removal. Drain pipes carry waste and wastewater away from sinks, toilets, showers, and other fixtures. Vent pipes allow for proper air circulation, preventing the formation of harmful gases and ensuring smooth drainage. A properly functioning drainage system is essential for maintaining a clean and healthy home environment.

Fixtures and Appliances

Plumbing systems are interconnected with a wide range of fixtures and appliances, each serving specific purposes. Common fixtures include sinks, faucets, showers, bathtubs, and toilets. Appliances such as washing machines, dishwashers, and water heaters also rely on plumbing connections. Proper installation and maintenance of these fixtures and appliances are crucial to their optimal performance and longevity.

Maintenance and Prevention

Regular maintenance is key to keeping your plumbing system in top shape. Inspecting pipes for leaks, checking water pressure, and ensuring proper drainage are important preventive measures. Regular cleaning of drains and removing mineral buildup from faucets and showerheads can help prevent clogs and maintain efficient water flow. Additionally, insulating pipes in colder climates can protect them from freezing and potentially bursting.

Common Plumbing Challenges

Plumbing systems may face various challenges over time. Leaky pipes, clogged drains, running toilets, and low water pressure are common issues homeowners encounter. It is essential to address these problems promptly to prevent further damage and maintain the integrity of the system. Engaging professional plumbers for complex repairs and regularly scheduling inspections can help identify and resolve potential issues before they escalate.

Plumbing systems are the lifelines of a well-functioning home, providing us with clean water and efficient waste removal. Understanding the basics of plumbing systems empowers homeowners to maintain their functionality and address issues promptly. Regular maintenance, attention to fixtures and appliances, and proactive prevention can help ensure a reliable and comfortable living environment. Should challenges arise, seeking the expertise of professional plumbers is essential for proper diagnosis and resolution. By valuing and caring for our plumbing systems, we can enjoy the convenience and comfort they bring to our daily lives.

Purchasing a home is a significant milestone, but when you're looking to buy a property in a city different from where you currently reside, it can present unique challenges. However, with the right realtor by your side—one who possesses expertise in mechanical systems and has extensive experience in long-distance home buying—you can navigate this process with confidence. In this article, we'll explore why having a knowledgeable realtor is essential and how their expertise can help you find the perfect home, even from afar.

Understanding Mechanical Systems

Mechanical systems, such as HVAC, plumbing, and electrical, are critical components of any home. When buying a property remotely, it becomes even more crucial to have a realtor who possesses in-depth knowledge of these systems. A knowledgeable realtor can evaluate and identify potential issues, ensuring you make an informed decision. Their expertise helps you avoid costly surprises and provides peace of mind that the home you're considering is mechanically sound.

Local Market Insights

A realtor experienced in long-distance home buying brings valuable local market insights to the table. They have a deep understanding of the city's neighborhoods, market trends, and property values. This knowledge enables them to narrow down your search to areas that align with your preferences, lifestyle, and investment goals. A knowledgeable realtor will also have access to comprehensive databases and tools that allow them to conduct thorough research on properties, helping you make well-informed decisions regardless of your physical location.

Extensive Network and Resources

A realtor experienced in long-distance home buying has built a robust network of professionals in their area. This network includes trusted home inspectors, contractors, and service providers who specialize in mechanical systems. Leveraging these connections, your realtor can facilitate inspections, coordinate repairs, and obtain accurate cost estimates for any necessary work. Their established relationships and access to reliable resources ensure a smooth buying process, even when you're not physically present.

Remote Communication and Virtual Tours

Technology has revolutionized the way we conduct real estate transactions, making long-distance home buying more accessible than ever. A knowledgeable realtor will utilize virtual tools, such as video calls and virtual tours, to bridge the gap between you and the properties you're interested in. They can provide virtual walkthroughs, point out important details, and answer any questions you may have in real-time. This virtual experience allows you to gain a comprehensive understanding of the property's condition and suitability, enhancing your decision-making process.

Tailored Recommendations and Negotiations

A key advantage of working with a knowledgeable realtor in long-distance home buying is their ability to understand your unique preferences and requirements. By thoroughly discussing your needs, budget, and desired features, they can provide tailored recommendations that align with your vision of the perfect home. Additionally, their negotiation skills come into play when it's time to make an offer. With their experience, they can negotiate on your behalf, ensuring you secure the best possible deal.

Purchasing a home in a different city doesn't have to be a daunting task. By enlisting the expertise of a knowledgeable realtor who specializes in mechanical systems and has extensive experience in long-distance home buying, you can navigate the process with confidence. Their understanding of mechanical systems, local market insights, extensive network, and use of technology will empower you to find the perfect home, even from afar. So, take the leap and make your dream of owning a home in a different city a reality with the help of a skilled and experienced realtor by your side.

Selling a home can be a great life-changing experience for many homeowners. However, it’s not without its risks and pitfalls. Knowing common mistakes many first-time home sellers make can help you better prepare with your sale and alleviate many potential headaches down the road.

Here are some tips to help you avoid common pitfalls when selling your home: 

Avoid Overpricing Your Home 

One of the biggest mistakes first-time home sellers make is overpricing their property. Setting your home too high in comparison to other listings in the area can lead to decreased buyer interest and a longer time on the market. It’s important to price your home correctly by researching comparable listings in your area and then taking into account any additional features or upgrades your home offers that others may not have. 

Be Transparent About Repairs

Transparency about repairs to potential buyers – even ones that are minor or cosmetic – will go a long way toward gaining trust from those interested in buying. Providing an inspection report from a professional prior to listing helps build that trust further and prevents costly surprises later on down the line. 

Be Flexible During Showings 

This doesn't mean dropping your asking price, but rather being accommodating as much as possible during showings, perhaps offering flexible times for prospective buyers to come view the house at their convenience or allowing pets into the property during viewings (if allowed by law). This could be one of several different things depending on local customs practices but being flexible is always appreciated by buyers and will set you apart from other listings regarding showing courtesy.

Buying a fixer-upper house can be an exciting project — and a great investment. It may be tempting to jump right in and start hammering away at the renovations, but it’s important to consider the pros and cons of each option before making any decisions. Here is an exploration of the various pros and cons of purchasing a “fixer upper” house. 

Pros

• Cost Savings: Fixer-uppers will usually require some work that needs to be done in order to improve its condition — which can equate to significant cost savings on the purchase price. 

• A Chance to Personalise: Buying a fixer-upper is an opportunity for you to design your own personalised space. You have total control over finishes, floor plans, and other details that add up to create a home with your personal flair. 

• Equity Potential: Real estate values appreciate over time, making it possible that any improvements you make will also affect your home's value when it comes time for resale. 

Cons 

• Expense and Time Commitment: If you are not working with professionals, renovating fixer uppers can involve time commitment and elbow grease most people don't have. Also bear in mind that if you hire professionals for any part of the project there are likely additional costs involved as well as creating more time compared with doing it yourself. 

• Potential Unexpected Costs & Lows: Transforming an outdated property into something beautiful takes more than just physical labour; it takes money too! Depending on how you finance your project, keep in mind that unexpected costs may appear during renovations due to unforeseen issues or problems that arise along the way such as hidden damage or extra repairs that weren't originally planned for. 

• Risk of Performance & Problems After Renovation: No matter how good a job you do improving your home, there is always some degree of risk involved when buying fixer uppers. These risks may include poor workmanship or faulty products being used during renovation projects or even fundamental structural problems revealed once walls come down (such as water damage). Be sure to plan accordingly by hiring somebody qualified whenever major changes take place – like plumbing or electrical installation – so (as best as possible) no major troubles occur post-renovation.  

When purchasing a fixer upper there is much potential upside — however one must take into account the various risks associated with this type of real estate transaction before deciding if it truly is a wise investment decision . The key takeaway here is always research objectively before diving head first into uncharted waters in order to avoid pitfalls associated with acquiring this type property. With proper planning, forethought, persistence and budgeting you can have the home of dreams for less than you ever thought.

Buying your first home can be an exciting, yet nerve-wracking experience. It's a major financial decision that requires careful planning and consideration. If you're a first-time homebuyer, here are some tips to help you navigate the process:

Determine Your Budget

Before you start looking at homes, it's important to determine your budget. This means taking a close look at your finances, including your income, expenses, and debt. You'll want to consider how much you can realistically afford to spend on a monthly mortgage payment, as well as how much you have saved for a down payment and closing costs.

Get Pre-Approved for a Mortgage

Getting pre-approved for a mortgage is a crucial step in the home buying process. It will give you a better idea of how much you can afford to spend on a home and will help you stand out to sellers when making an offer. To get pre-approved, you'll need to provide documentation of your income, assets, and credit history to a lender.

Hire a Real Estate Agent

A real estate agent can be a valuable resource for first-time homebuyers. They can help you navigate the home buying process, provide guidance on neighbourhoods and home values, and negotiate on your behalf. Make sure to choose an agent who is experienced, knowledgeable, and has your best interests in mind.

Consider the Location and Neighbourhood

When looking for a home, it's important to consider the location and neighbourhood. Think about your commute to work, accessibility to public transportation, and proximity to amenities like grocery stores, restaurants, and parks. You'll also want to research the safety and school ratings of the neighbourhood.

Get a Home Inspection

Before closing on a home, it's important to get a home inspection. A home inspector will evaluate the condition of the home and identify any potential issues or repairs that need to be made. This can help you avoid costly surprises down the road and give you peace of mind knowing that you're making a sound investment.

Closing Thoughts

Buying your first home can be a daunting task, but with careful planning and the right resources, it can also be an exciting and rewarding experience. Remember to take your time, do your research, and seek guidance from professionals along the way.