Homes for Sale in Clovelly

July 9, 2014 · Filed Under New Home Construction, St. John's Condos, St. John's Real Estate · Comments Off 

Clovelly Trails subdivision is one of the most popular subdivisions in the east end of St. John’s.  The area offers well constructed homes by three of the top builders in St. John’s; Hann Construction, Erco Homes and New Victorian Homes.  

Clovelly Trails has much to offer for the home owner.  Located right in your “backyard” is The Osprey. One of the best golf courses St. John’s has to offer.  Stavanger Drive (which loops around the Clovelly subdivision) offers shopping box stores, super markets, restaurants, coffee shops and easy access to the Outer Ring Road. Not to mention you are located 5 mins from the St. John’s Airport.

Housing prices in the Clovelly subdivision range from 350k up to a little over the 1 million dollar mark. The average price for a home in Clovelly would be approximately 450k. The houses typically sell quickly in this area due to it’s popularity.  It’s not uncommon for residences of the earlier subdivision phases to sell and build in one of the newer phases.  A bulk of the homes sold in the St. John’s Real Estate market come from this area. If you are curious to see what your home is worth in Clovelly, contact us for a free market evaluation.

Clovelly also is home to two 50 plus condominium complexes. An older complex (Manchester) is located in the early phase of the subdivision while newer detached bungalows are located in the new area of Osprey Landing.  

The following schools are zoned for the families with children in Clovelly Trails.

   Mary Queen of Peace (K – 6)
   St. Paul’s Junior High (7 – 9)
   Holy Heart of Mary (10 – 12)

Home for sale in Clovelly Trails – 41 Veitch Crescent

41 veitch cres** SOLD** 41 Veitch Crescent is located on a child friendly crescent in Clovelly Trails. This 3 bedroom two story home is tastefully appointed throughout and meticulously maintained. Open concept first floor is bright, inviting and perfect for entertaining with crown mouldings, propane fireplace and upgraded banister. Kitchen includes ceramic backsplash, island, contemporary lighting and stainless steel appliances. Fully developed basement with upgraded lighting and surround sound system. Basement also includes great storage space, laundry with additional built in cupboards and craft area. Additional upgrades include central vacuum on all 3 floors and professionally landscaped stonework. Beautiful southern exposure combined with a spacious, fully fenced backyard and childrens play structure provides opportunities for family enjoyment. Superb location close to golf course, day care centers and major shopping area. On bus route to Mary Queen of Peace and St. Pauls schools. Asking price $404,900.  MLS:188388  Contact Fraser or Stephen Winters for more information.


St. John’s real estate market – RE/MAX Housing Barometer Report

February 8, 2011 · Filed Under Remax Reports · Comments Off 

St. John’s real estate market spent much of the past decade fluctuating between buyers and balanced market conditions.  These conditions characterized the resale residential sector 72 per cent of the period from 2000 to 2010 (36 per cent respectively).  Sellers held the cards just 28 per cent of the 11-year period—a fact that may come as a surprise, given the strong run up in average price in recent years.  The compounded annual rate of return for homeowners in Newfoundland  Labrador, based on average price from 2000 to 2010, was 8.14 per cent—ranking it fifth among Canada’s major centres and first among the Atlantic provinces ($99,525 vs. $235,341).  Newfoundland’s sales-to-new listing ratio hovered at 54 per cent during last decade.  Home buying activity has been solid at the outset of 2011, as Newfoundlander’s steadily regain confidence in Canada’s economic recovery and the brightening outlook for the province.

Several positive developments of late have bolstered optimism, the most substantial of which has been the Lower Churchill announcement.  Business confidence is high and non-residential building activity is up considerably.  Buyers have taken notice, moving off the sidelines, secure in the belief that the tide is turning.  Affordability continues to play a role in Newfoundland. First-time buyers are leading the charge, with sales between  $150,000 and $250,000 most active in Newfoundland, accounting for 36 per cent of all activity.

In St. John’s,  entry-level purchasers are driving the $250,000 to $350,000 price point.  The city’s newer subdivisions on the  peripherals are most sought-after, including areas such as Paradise.  Move-up buyers remain active.  However, in this  category, many transactions are conditional on the sale of another property.  Upper-end purchasers continue to make  their moves, with sales in the $500,000 to $650,000 price range relatively brisk.  Luxury homes in Clovelly Trails and  King William Estates remain very popular with affluent purchasers.

Days on market had been on the upswing across all price points post June 2010, but should begin to fall as absorption rates improve.

June Newfoundland MLS Stats

July 2, 2008 · Filed Under Monthly MLS Stats, St. John's Investments · 1 Comment 

Total # of Listings [Jun] = 963

Total # of Sales [Jun] = 476

Number of Active Listings in the NLAR MLS System = 2580

Listings are almost on par for the same time for 2007 but the sales are up 12% year to date.

There were a good number of new listings for the St. John’s, Mount Pearl and surrounding areas in June. Buyers still out number the sellers as noted from the number of sales which is up again this month.  Two apartment homes and investment properties are in high demand.  Single Family homes in East End St. John’s are short in supply.

Most of the new sub divisions for St. John’s (Clovelly Trails, Roncolli Estates, East Point Landing) are in building demand.  Pine Ridge Creek in Torbay will soon open up the new phase.

Here is a break down by area for the month of June for single family homes

St. John’s Real Estate: Listings = 173 Sales = 103 Sales/Listings Ratio = 60%

Average Sale Price: $191,024 ($184,730 for April)

Mount Pearl Real Estate: Listings = 23 Sales = 26 Sales/Listings Ratio = 113%

Average Sale Price: $202,627

Paradise Real Estate: Listings =35 Sales = 37 Sales/Listings Ratio = 106%

Average Sale Price: $216,424

East Extern Real Estate: Listings = 32 Sales = 21 Sales/Listings Ratio = 66%

Average Sale Price: $192,465

Conception Bay Real Estate: Listings = 49 Sales = 28 Sales/Listings Ratio = 57%

Average Sale Price: $198,352

Clovelly Trails Lot Prices now available

May 29, 2008 · Filed Under First Time Buyers, New Home Construction, St. John's Real Estate · Comments Off 

Clovelly Trails Phase 3a lot prices are now up on the website for the public and purchasers to view. Clovelly Trails appears to be the most popular subdivision in St. John’s this year. 69 of their lots have had deposits on them for months. Some dating back to 2007.

The lot prices range from $69,900 to $94,900 (plus HST). A hefty jump since the last phase (base price was approx $54,900) but the demand is there to justify it.

Almost all subdivisions in St. John’s and Paradise have increased in prices since last year some as much as ten to fifteen percent.

Remember Fraser and Stephen Winters can represent your interests in the buying of your new construction home. We will be there from lot and house design selection, through signing the paperwork, choosing your paint colors – all the way to final walk-through and beyond.

There are ZERO costs to use our services on the buying side of purchasing your new (or pre-existing) home. There is no cost to you – no decreased incentives – no increased price – the developers actually pay us to work with you through the buying process. Contact us and we’ll show you how we can assist you in finding the new home you’re looking for in ANY subdivision.