House for sale in Adams Pond Paradise – 36 Keystone Ave

June 26, 2014 · Filed Under First Time Buyers, New MLS Listings and Paradise Real Estate · Comments Off 

36keystone**SALE PENDING** This fully developed 3+1 bedroom split entry bungalow is located in the popular Adams Pond subdivision. It features a bright and spacious open design concept. The eat in kitchen with raised breakfast bar has a patio door leading to a great patio and rear yard. The master has an ensuite and walk-in closet. There is a fourth bedroom in the basement as well as a 3 piece bathroom. Large rec-room wired for surround sound. Backyard is fully fenced and landscaped. Asking price $319,900 MLS 1104077  Contact Fraser of Stephen Winters for additional information.

For additional photos please visit our Facebook page here.

How to purchase a home in 8 steps. A RE/MAX infographic

November 23, 2013 · Filed Under First Time Buyers and Real Estate Articles · Comments Off 

How to Buy a Home Infographic

Average House Prices for the St. John’s Real Estate Market September 2013

October 2, 2013 · Filed Under First Time Buyers, Market Trends, Monthly MLS Stats, St. John's Real Estate and St. John's Relocation · Comments Off 

housing-price-graphTotal # of MLS Listings [Sept] = 847 (residential stats)

Total # of Sales [Sept] = 412 (residential stats)

Number of  Active Listings for  Sale in Newfoundland = 4649 (residential and non-residential)

Here is a break down by area for the month of Sept:

St. John’s Real Estate: Listings = 175 Sales = 91 Sales/Listings Ratio = 52%
Average sale price for a home in St. John’s: $321,039 for the month of Sept and the 12 month average $329,890

Mount Pearl Real Estate: Listings = 41 Sales = 31 Sales/Listings Ratio = 76%
Average Sale Price (12 month average): $295,421

Paradise Real Estate: Listings = 48 Sales = 31 Sales/Listings Ratio = 65%
Average Sale Price (12 month average): $346,137

East Extern Real Estate: Listings = 45 Sales = 17 Sales/Listings Ratio = 38%
Average Sale Price (12 month average): $364,767

Conception Bay South Real Estate: Listings = 59 Sales = 28 Sales/Listings Ratio = 47%
Average Sale Price (12 month average): $311,781

Total number of listings are up 10% year to date compared to last year.  Expired listings are up a whopping 41% for the month (15% for the year)  Sales were actually up 3% in September compared to last September however year to date the number of sales are down 10%. Again the sweet spot for sales are in the $260,00 to $349,999 range.

Don’t forget to contact us for a free market evaluation on your home.

Average house prices for the St. John’s Real Estate Market July 2013

August 8, 2013 · Filed Under First Time Buyers, Market Trends, Monthly MLS Stats and St. John's Real Estate · Comments Off 

housing-price-graphTotal # of MLS Listings [July] = 1083 (residential stats)

Total # of Sales [July] = 494 (residential stats)

Number of  Active Listings for  Sale in Newfoundland = 5077

Here is a break down by area for the month of July:

St. John’s Real Estate: Listings = 253 Sales = 116 Sales/Listings Ratio = 46%
Average sale price for a home in St. John’s: $334,733 for the month of July and the 12 month average $324,261

Mount Pearl Real Estate: Listings = 53 Sales = 29 Sales/Listings Ratio = 41%
Average Sale Price (12 month average): $292,683

Paradise Real Estate: Listings = 67 Sales = 39 Sales/Listings Ratio = 58%
Average Sale Price (12 month average): $339,839

East Extern Real Estate: Listings = 60 Sales = 23 Sales/Listings Ratio = 38%
Average Sale Price (12 month average): $364,327

Conception Bay South Real Estate: Listings = 51 Sales = 36 Sales/Listings Ratio = 71%
Average Sale Price (12 month average): $304,849

The overall housing demand was lower during the second quarter of 2013 with recent price growth and higher inventory (up 13% from this time last year) creating a dampening effect on sales of both new and existing homes throughout the St. John’s area. As a result, the strong local economy failed to increase housing demand relative to the same period a year ago.

Don’t forget to contact us for a free market evaluation on your home.

New Listing 38 Fleming Street in popular Georgetown area – $269,900

April 25, 2013 · Filed Under First Time Buyers, New MLS Listings, St. John's MLS listings and St. John's Real Estate · Comments Off 

38fleming ** SALE PENDING ** 38 Fleming Street is located in a sought-after area in convenient Georgetown close to downtown St. John’s. This detached 2-storey home is bright and spacious and still maintains its heritage character. Clapboard exterior, 9 foot ceilings and softwood flooring on the main floor. Enjoy a large open concept living room with fireplace (currently unlined) and a second chimney lined and ready for a propane fireplace or wood stove. The kitchen is bright and spacious with access to a patio deck. It also includes a propane stove ideal for the chef in the house. Recent upgrades include some new vinyl windows, roof covering, new vinyl soffits, eaves through and a 100amp electrical breaker panel. There are 4 bedrooms on the top floor. A six foot soaker tub in the main bathroom. Enjoy the evening sun from your patio deck and fully fenced rear yard. Asking price $269,900.  Contact Fraser or Stephen Winters for more information. MLS: 188072

Additional photos can be viewed here


 

When the Home Inspector Finds Something Wrong

February 17, 2013 · Filed Under First Time Buyers and Home Inspections · 1 Comment 

homeinspectorYou shop for a home. You find one you like. You make an offer — conditional on a satisfactory home inspection.

Then the inspector discovers a problem with the home that may require an expensive repair or renovation. Perhaps the frame in the front door is cracked; or there’s a leak in the roof; or the furnace is due to be replaced.

What do you do?

You don’t want to pass up an opportunity to purchase what could be your dream home. On the other hand, you don’t want to have to deal with potentially costly repairs.

First, keep in mind that you did the right thing.

It’s always a good idea to get a home inspected by a professional before the offer is finalized. A qualified home inspector will go over the property with a fine tooth comb, top to bottom, inside and out, inspecting the structure, electrical systems, HVAC systems and more.

It’s their job to find any deficiencies in the home and alert you to them.

If a deficiency is found, your next best step is to discuss the issue with your REALTOR®, and go over your options. Those options may include amending the offer price to cover some or all of the costs of the repair, or requiring the seller to get the repair done before you move in.

Don’t worry. This is a normal part of the negotiation process. Chances are, an agreement can be reached that is satisfactory to both parties — and gets you the house you want!

And, because you had a home inspection done, you’ll know the true condition of your home when you buy it. That’s peace of mind.

Need more tips on finding your dream home? Contact us today!

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