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St. John's Newfoundland is one of North America’s oldest cities. Spectacular coastlines, panoramic views, outdoor adventure, rich history and culture await all who live here.
Stephen & Fraser Winters your RE/MAX real estate agents for St. John's. Buying, selling or relocating to St. John's Newfoundland? Put the successful Father and Son Realtor team to work for you. Fraser and Stephen will show you the smart approach to buying and selling St. John's Real Estate.
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STEPHEN 709.682.9045
FRASER 709.682.9245
Looking to buy a home in St. John’s? Relocating from another city to St. John's? Fraser and Stephen Winters are here to help you! Whether you are buying or selling, take advantage of our free St. John's real estate market reports and access to the St. John's area MLS.
Since Chevron signed the multibillion-dollar memorandum of understanding to develop the Hebron offshore oilfield project back in August 2007, St. John's real estate and surrounding areas have gained favorable optimism and increases in residential homes. Looking to sell you home for TOP DOLLAR? Contact Fraser and Stephen Winters for your free, confidential Home Market Evaluation
This real estate blog is written by Fraser & Stephen Winters. We both are full time successful top producing RE/MAX Realtors in St. John's, Newfoundland. The information contained on this website is from sources believed to be reliable. However, it may be incorrect. This information should not be relied upon without personal verification. We assume no responsibility for its accuracy. This information is not intended to solicit clients already under contract. For more information about us visit our website.
Looking for neighborhoods or school information for a particular street in St. John's or Mount Pearl? We can help you find the right neighborhood by browsing information on schools and property values and much more.
New listings near downtown St. John’s 37 Golf Ave
Great Location near downtown St. John’s. 37 Golf Ave – $159,900 Spacious 5 bedroom home with two bathrooms located within walking distance to Mun and close to St. Clare’s Hospital. Large deep lot. Main floor laundry. Hot Water Radiation heat. Mostly new vinyl windows. 125 Amp Breaker Panel. Off street parking. Great Investment property. MLS:157071 Call Fraser or Stephen Winters for more information.
Investment property in St. John’s near Memorial University of Newfoundland – 39 Weymouth
Great investment property on the doorstep of Memorial University of Newfoundland (MUN). 39 Weymouth is a 2400 sqft fully developed 3 bedroom bungalow with a 2 bedroom inlaw suite in the basement. Within the past few years there have been numerous upgrades including new vinyl siding, vinyl windows and shingles. Hardwood floors throughout most of the main floor. Open concept family room / dining room separated by a wood burning fireplace. There is a large deck and mature trees providing lots of privacy in the backyard. Close to Health Sciences, MUN and the Avalon Mall. Asking price is $314,900 MLS: 156488
New home for sale in Cowan Heights – 15 Harrington Drive
Fraser and Stephen Winters have just listed a very well cared for 2-apt home in Cowan Heights with a favorable open concept layout. 15 Harrington Drive has hardwood and ceramic floors throughout the main unit. Country style kitchen with oak cabinets, center island and separate dining room. The family room is very bright and spacious. The main unit has a large rec-room complete with hardwood flooring as well as a laundry/storage room and half bathroom. The oversized bedroom in the basement apartment will be easy to rent. Once again you will find the apartment to be open concept and bright like the main floor unit. Basement apartment has its own laundry. The back yard includes a two tier pressure treated patio, is fully fenced and nicely landscaped. There is a detached 12×20 wired garage. Time to get into this booming St. John’s Real Estate market. This home will make a great investment property. Asking price is $299,900. MLS 155475
St. John’s Property Assessment and Property Tax Information
The St. John’s Property assessment is the estimated value of a property (land and building) utilized for municipal taxation purposes. The “Assessment Act 2006” is the Legislative authority governing assessment and taxation in the City. The assessment value can at times be similar to fair market value, however with the fast changing St. John’s Real Estate market the two values can be greatly different in figures.
From the City of St. John’s website “the City’s assessments are calculated on the basis of a property’s market value as of a specific point in time, referred to as the “base date”. The presently applicable “base date” on which your assessment is calculated is January 1st, 2008. In other words, the market value of your property on that date is presently utilized to calculate your municipal taxes for 2010.”
To find out the assessment value of a home in St. John’s visit the Property Assessment Search
Annual residential property taxes for St. John’s are calculated at a rate of 10.1 mils, or 1.01 % of a property’s total assessment (for the year 2010). A property with a total assessed value of $100,000. would be charged an annual property tax of $1010.00, calculated as follows:
Assessed Value of St. John’s Home = $100,000.
Multiplied by the Mil Rate = .0101 (10.1 Mils)
Annual Property Tax for 2010 = $1010.00
Don’t forget to include your water taxes. Water taxes for St. John’s are a flat rate of $520. (multiplied by 2 if you have a 2-apt home)
So a $100,000 property would have a total property tax of $1530 for the year or $127.50 per month.
New home for sale in Grovesdale Park – 4 Marshall Place
Fraser and Stephen Winters have just listed 4 Marshall Place. A hot new listing in Grovesdale Park! This beautiful 3 bedroom, two storey duplex features an eat in kitchen with oak cabinets and patio door leading to a 10×12 deck. Master bedroom includes ensuite and walk in closet. Enjoy the convenience of having a 1/2 bathroom and laundry room on the main floor. Property is situated in a cul-de-sac on a LARGE lot near MUN, Avalon Mall and Health Science Center. Great opportunity for an investor or first time home buyer. Asking price: $236,900. MLS:152286 ** SALE PENDING **
Investment property near CONA, MUN and Marine Institute – 156 Higgins Line
Fraser and Stephen Winters have just listed 156 Higgins Line. An absolutely fantastic 2-apartment home located on the doorstep to Marine Institute, CONA and MUN. Lots of upgrades in recent years including roof, siding,vinyl windows and laminate flooring. 3 bedrooms in the main unit and 2 bedrooms in the basement apartment. Large open concept dining room adjacent to the living room. Master bedroom has a 2 piece ensuite. Large recroom in basement for the main unit living area. Conveniently locate on bus route. Home is situated on a large deep lot (land goes back further then back fence) a rare find in this area. Great investment property! MLS Number: 151858 Asking price is $269,900. **SALE PENDING**
Little Change in Investment Properties Vacancy rates in St. John’s Metro
According to the results of the fall 2009 rental market survey released today by Canada Mortgage and Housing Corporation (CMHC), the vacancy rate in the St. John’s census metropolitan area (CMA) was 0.9 per cent in October compared to a similar 0.8 per cent vacancy rate in 2008. The average two bedroom monthly rent increased to $677. “Solid economic activity and positive employment growth within the St. John’s area sustained rental market demand, resulting in low vacancies and higher rents throughout 2009,” said Chris Janes, senior market analyst with CMHC in Newfoundland and Labrador. “The local oil industry and a lengthy list of major capital projects continued to stimulate local economic growth and in-migration to the region this year,” added Janes. Provincially, vacancy rates in percentage terms were 0.4 in the Corner Brook census agglomerate (CA), 1.6 in Gander and 1.7 in Grand Falls-Windsor CA. The combined provincial vacancy rate for all centres surveyed was 1.0 per cent.
Recommended Real Estate Links
- Fraser and Stephen Winters
- Remax St.John's
- Terry Kelly
- St. John's MLS Listings
- Carter Home Designs
- St. John's Newspaper
- VOCM Local News
- CBC Newfoundland
- Eastern School District
- St. John's Weather
- St. John's Board of Trade
Real Estate Sites
- Search MLS.ca
- St. John's Listings
- Globe & Mail Real Estate
- Real Estate Blogs Directory
- Canadian real estate
- Home Builders Association
- Atlantic Home Warranty
- Homeplus Online
Recent Entries
- New listings near downtown St. John’s 37 Golf Ave
- Investment property in St. John’s near Memorial University of Newfoundland – 39 Weymouth
- RE/MAX St. John’s & Area Market Share for January to June 2010
- New Listing in Bauline 47a Pouch Cove Line – $209,900
- CMHC St. John’s Area June Housing Starts
- St. John’s Newfoundland Real Estate June MLS Stats
- Executive Home for sale in Paradise – 26 Clarke’s Hillview Street
- New home for sale in East End St. John’s – 76 Berteau
- East End St. John’s home for sale – 14 St. Laurent Street
- New home for sale in Cowan Heights – 15 Harrington Drive
Mortgage Rates
