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Winnipeg Real Estate News & Market Updates

Phone: (204) 792-6453

Windsor Park Home Sales Increase

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27 Stillwater Road, Southdale, Winnipeg, Manitoba
Spacious Family Home call Michael Leclerc 204-792-6453 for more information or click image.

The number of days to sell a home was up and home sales was up in August 2017 as compared to the same month last year in Winnipeg MLS areas 2G,2H,2J and 2K, which includes the neighbourhoods of Island Lakes, Sage Creek, Southdale, Southland Park, Windsor Park.

There were 59 homes sold in the above neighbourhoods in August 2017 as compared to 51 sold in the same month last year. It took slightly more time to sell a home in Winnipeg MLS areas 2G, 2H, 2J and 2K in August 2017. Average days on market in August 2017 was 24.5, up from the 22.00 days required to sell a home in August 2016.

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The average home sale prices were up slightly in Island Lakes, Sage Creek, Southdale, Southland Park, and Windsor Park for August 2017, coming in at $417,853 as compared to $397,633 in the same month last year. Listings on the Winnipeg MLS market in 2G, 2H, 2J and 2K were down in August 2017 from the 104 homes available in 2016 coming in at 83 this year.

The highest price paid for a home in Winnipeg MLS areas 2A and 2B in August 2017 was $625,000 for a home on Red Lily Drive, while the lowest price came in at $227,000 for a home on Elizabeth Road .

Total Active Listings Month of August 2017: 83
Total Active Listings Month of August 2016: 104

Winnipeg Real Estate Information Special Request

Total Homes sold Month of August 2017: 59
Total Homes sold Month of August 2016: 51

Sales to Listing Ratio August 2017: 83.00%
Sales to Listing Ratio August 2016: 58.5%

It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales. We track all Winnipeg neighbourhoods daily, which allow us to more accurately set list prices on the homes we sell, while also making intelligent offers. If yo u would like a Free Home Value Appraisal in Island Lakes, Sage Creek, Southdale, Southland Park, Windsor Park or any other Winnipeg neighbourhood, please Contact Us or Call (204) 792-6453. We track the market closely and so can you with Winnipeg Market Tracker.

Average days to sell August 2017: 24.5
Average days to sell August 2016: 22.0

Average sale price Month of August 2017: $417,853
Average sale price Month of August 2016: $397,633

Lowest sale price for Month of August 2017: $197,500 Wickham Road
Highest sale price for Month of August 2017: $820,000 Eastoak Drive

Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!

This information is courtesy of:
The Michael Leclerc Home Selling Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204)

Fall Home Maintenance Tips

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The days are getting noticeably shorter, and maybe there’s a nip in the air – sure signs that fall is on its way. Now is the perfect time to get your home in shape before winter rolls in, while the weather is still pleasant enough for spending time outdoors. Happy Fall to you from our friends at Pillar To Post Home Inspectors and thanks for sharing these tips.

Seal it up: Caulk and seal around exterior door and window frames. Look for gaps where pipes or wiring enter the home and caulk those as well. Not only does heat escape from these openings, but water can enter and may eventually cause mold problems and even structural damage.

Look up: Check the roof for missing or damaged shingles. Winter weather can cause serious damage to a vulnerable roof, leading to a greater chance of further damage inside the home. Although you should always have a qualified professional inspect and repair the roof, you can do a preliminary survey from the ground using binoculars.

Clear it out: Clear gutters and eaves troughs of leaves, sticks, and other debris. Consider installing leaf guards if your gutters can accommodate them – they are real time savers and can prevent damage from clogged gutters. Check the seams between sections of gutter, as well as between the gutter and downspouts, and make any necessary adjustments or repairs.

No hose: In climates with freezing weather, drain garden hoses and store them indoors to protect them from the elements. Shut off outdoor faucets and make sure exterior pipes are drained of water. Faucets and pipes can easily freeze and burst, causing leaks and potentially serious water damage.

Warm up time: Have the furnace inspected to ensure it’s safe and in good working order. Most utility companies will provide basic inspections at no charge, but there can often be a long waiting list come fall and winter. Replace disposable furnace air filters or clean the permanent type according to the manufacturer’s instructions. Using a clean filter will help the furnace run more efficiently, saving you money and energy.

Light that fire: If you enjoy the crackle of a wood-burning fireplace on a chilly fall evening, have the firebox and chimney professionally cleaned before lighting a fire this season. Creosote, a byproduct of wood burning, can build up to dangerous levels and cause a serious chimney fire if not removed.

Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!

 
This information is courtesy of:
The Michael Leclerc Home Selling Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

Upper End Market a High Point in August

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WINNIPEG – What stood out in August was the performance of the higher end of the market where residential-detached sales above $500,000 were up 32% over August 2016 and 7 sales eclipsed 1 million dollars in value. There were some other high end commercial sales with a motor inn and apartment complex each selling for over $1 million.

MLS® unit sales of 1,288 were down 5% from August 2016 – the best August on record. However sales in August were up nearly 6% over the 10-year average for the month of August. As a result of the upper end market performing so well and residential-detached sales under $300,000 down 35% from August 2016 MLS® dollar volume increased 4% to $378 million.

Year-to-date MLS® unit sales activity is marginally ahead of 2016 with a total of 9,796 sales. Dollar volume on the other hand has risen 5% over 2016 to $2.86 billion.

At the end of August inventory of 2,469 residential-detached properties is down 11% while condominium supply of 855 units is up 5% in comparison to the same time last year.

Winnipeg Real Estate Information Special Request

While 2017 has been tougher on first-time buyers in particular purchasing a residential-detached property, other property types have experienced gains this year due in part to them making alternative choices. Sales of condominiums, duplexes, resort properties and single-attached have all had single-digit percentage increases over the same period in 2016. Town house sales have risen the highest percentage at 11%. It should also be noted commercial property sales are up 9%.

The most active price range for residential-detached sales in August was from $250,000 to $299,999, 20% of total sales. Another 30% of sales were evenly split percentage-wise between the $200,000 to $249,999 and $300,000 to $349,999 price ranges. The highest priced residential-detached property sold was $1,700,000.

Condominium sales showed very similar percentage market share in the three price ranges from $150,000 to $299,999 with the lowest price range of $150,000 to $199,999 slightly ahead with 24% of total sales. The highest condo sales price was $439,900.

 



Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!

 
This information is courtesy of:
The Michael Leclerc Home Selling Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

Michael Leclerc Home Selling Team September Newsletter

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September Newsletter Michael Leclerc

As you have probably noticed, there are basically two kinds of REALTORS® in this business: the kind who just want to get the transaction done, collect the commission, and move on; and, the kind who are truly committed to ongoing client satisfaction, before, during, and especially after the home is purchased.

My focus is on being that second kind of REALTOR®. I endeavor to be the friendly, knowledgeable and helpful “home expert” who is there for you whenever you need real estate assistance.

I find that being that kind of REALTOR® is more satisfying – both personally and professionally. I get to work with great clients like you, often two or three times over the years.

So, if there’s anything more I can do to be that kind of REALTOR® for you, please call, email or text me anytime.

What a Buyer is Thinking While Viewing Your Home

Ask any good salesperson for an effective selling technique and he’ll probably say something like, “Understand the buyer. Try to figure out what she’s thinking.”

That’s good advice for you to consider when you’re putting your home up for sale. You need to imagine what a buyer might be thinking while viewing your property, so you can prepare your home more effectively for that sale.
Here are some things buyers may be wondering:

Is this the type of home we’re looking for? Does it have the ideal number of bedrooms, etc.?
Are the rooms spacious enough for our needs?
Are there any repairs or other maintenance issues that need to be addressed?
How old is the property? Is there anything major, such as a furnace, that will need to be replaced soon?

What is the neighbourhood like? Will we be happy living in this area? Is it safe?
Is this home going to fit our lifestyle? Is there an area for the kids to play? Is there ample room for entertaining? Is the dining room large enough for dinner with family and relatives?
Of course, these are only a few of the many questions a buyer may have while viewing your home.

The more you can anticipate these questions and prepare your home accordingly, the better the chances that you’ll sell it quickly and for a good price.

For example, remember that clutter will make a room appear smaller. So, make sure to de-clutter your home – especially the smaller spaces and cupboards.

If your house is in a desirable neighbourhood, create a list of area features (i.e. local parks, access to public transit, walking paths, etc.) to help buyers appreciate the value of living there.

Basically, when you’re preparing your home for sale, think like a prospective buyer!

Need help? Call, email or text today.

Before you place your home on the market, here’s a way to help you to be as prepared as possible. Order your report today called “27 Valuable Tips That You Should Know to Get Your Home Sold Fast and for Top Dollar.” It tackles the important issues you need to know to make your home competitive in today’s tough, aggressive marketplace.

 

Smart Packing Tips for Moving Day

The last thing you need after a long moving day is to discover that a valuable item was damaged. That’s certain to dampen your spirits when you’re just getting settled into your new home.

Here are some packing tips to help ensure that doesn’t happen:
Avoid worn-out or damaged boxes as they are more likely to tear open during a move.

Pack glass and similar items in bubble wrap or foam chips – but not too tightly. Include just enough to ensure there’s no rattling.

Use small boxes for heavier items. A big box of books is difficult to lift. (Experts say a box shouldn’t weigh more than 50 lbs.)

Use anti-static packing materials for sensitive electronics, such as computers, cameras, and flash-drives.

Purchase specialty packaging for items such as dishes, musical instruments, and valuable clothing. It’s worth the investment.

Don’t pack a box so full that there’s a bulge.

Wind and tie electrical cords.

Finally, if possible, personally carry irreplaceable items (such as family photographs) with you to your new home.

Call, email or text me anytime with any questions you may have.

 

When to Consider a Less-Than-Ideal Home

Obviously, when you’re searching for a new home, you want to find one that is ideal. It should be your next dream home. However, sometimes it pays to consider at least some properties that don’t meet all your criteria. After all, you never know whether one of them is actually your next dream home – in disguise!
Say you’re looking for a home with a beautiful kitchen – the kind you envy on TV cooking shows. Then, you view a property that has everything you need – except that big kitchen.

Ask yourself these questions:

1. Can you fix it?
Perhaps some redecorating or a renovation can turn that so-so kitchen into one you’ve always wanted. Take some time to imagine the possibilities.

2. Can you live with it?
The kitchen might not have everything you want. It may be smaller than you’d hoped. But, can you make it work? Can you compromise a little given that the home has so many of the other features you want? Perhaps you can live with a smaller kitchen – that still looks great.

If you need help considering the possibilities and understanding your options, call, email or text today.

Order your “Nine Buyer Traps and How to Avoid Them” report NOW to learn how to avoid costly buyer mistakes before you purchase your next home.

notable, quotable… quotes!

 
“To handle yourself, use your head; to handle others, use your heart.”
Donald A. Laird

“Instruction does much, but encouragement does everything.”
Johann von Goethe

“We don’t know who we are until we see what we can do.”
Martha Grimes

It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales. We track all Winnipeg neighbourhoods daily, which allows us to more accurately set list prices on the homes we sell, while also making intelligent offers. If you would like a Free Home Value Appraisal in River Heights, Tuxedo, Fort Garry, Linden Ridge, St. Norbert, Bridgewater Forest, Headingley, St. Boniface, St. Vital, River Park South, Windsor Park, Southdale, Island Lakes, Royalwood, Sage Creek, East Kildonan, North Kildonan, Eaglemere, Sun Valley, Kildonan Meadows, Transcona, Birds Hill, East St. Paul, West Kildonan, Riverbend, Garden City, Deer Lodge, St. James, Grace Hospital, Optimist Park, West. St. Paul please Contact Us or Call (204) 792-6453.
Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!

  
This information is courtesy of:
The Michael Leclerc Home Selling Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

Spry July Keeps Market Momentum Intact

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WINNIPEG – July sales results show a continuation of a second quarter of brisk market activity. Condominium sales really stood out in July with a 32% increase over July 2016.

Total July Multiple Listing Service® (MLS®) unit sales of 1,438 went up 6% over July 2016 level and the 10-year July sales average. It is the second best July on record with only July 2014 eclipsing it by 3%.  This July’s dollar volume of $416 million is the first time the month of July reached and surpassed $400 million in sales transactions.

Year-to-date MLS®  sales of 8,508 is now slightly ahead of last year’s record-breaking pace while dollar volume at nearly $2.5 billion is up 5% over the same period in 2016.

With a new release of 2016 Statistics Canada Census data this month which provides more breakdowns on families and household make-up, the city of Winnipeg and its entire CMA (includes surrounding municipalities) have grown faster in population over the past 5 years than the national average. Moreover, the number of private dwellings occupied in the city of Winnipeg and surrounding rural municipalities has ratcheted up to accommodate increased population demand for housing.

The drop in listings this year is almost entirely attributed to residential-detached listings whereas other property types such as condominiums have seen their listings in line or greater than 2016.

Winnipeg Real Estate Information Special Request

The most active price range for residential-detached sales in July was from $250,000 to $299,999, 23% of total sales. Broken down further, both the $250,000 to $274,999 and the $275,000 to $299,999 price ranges represented 10.95% and 12.20% of market activity. The closest to these ranges in representing higher sales volume were the $225,000 to $249,999 and $300,000 to $324,999 at 8.55% and 8.26% respectively.

In what is one of the best month performances ever for condominiums at 207 sales, the most active price range was from $150,000 to $199,999 at 27% of total sales. The next busiest price range was from $250,000 to $299,999 at 18% of total sales.


Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!

 
This information is courtesy of:
The Michael Leclerc Home Selling Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453