October 16, 2023
Last month when the sales figures came in for August, we were surprised to see a significant downward trend in prices across almost every sector of the region. In some cases, the drop in average sale price was huge. Niagara Falls down 9.80% for example, Fort Erie down 8.56%, Welland down 8.44% and so on. In just one month. But upon further investigation we saw that the actual apples to apples price drop was only around one percent. We saw that when we consulted the H.P.I. which compares the selling prices of similar properties rather than sales averages of all properties sold.
October 16, 2023
I recall speaking to a landscaper on one occasion about a new lawn and yard design he was working on. He told me that generally a complete landscaping makeover was good for about 15 years. After that, it pretty well needs to be redone. The reason? Functional obsolescence. The shrubs and trees are still in play but what was once an ornamental bush has become a tree. Trees have grown out and now crowd gardens. Grass has become thick and riddled with crab grass. The elements are still there, but they have outgrown their practical purpose and usefulness.
October 16, 2023
October 16, 2023
September 15, 2023
I hope this newsletter finds you all in good health and high spirits. Today, we are excited to shed light on an important topic that often pops up when dealing with condominium transactions in Ontario: the Condo Status Certificate. As you may already know, the role of a lawyer is crucial when it comes to interpreting and reviewing the contents of this document. In this newsletter, we will explore what a lawyer in Ontario typically reviews in a condo status certificate to facilitate informed decision-making for their clients.
September 15, 2023
The sales figures are in for August, and at first brush they are quite alarming. Substantial month over month drops in almost every municipality! St. Catharines down $30,277 or 4.53%, Niagara Falls down $67,057 or 9.80%, Fort Erie down $59,352 or 8.56%, Welland down $51,894 or 8.44%, Thorold down $38,944 or 6.12%. And the Niagara Region as a whole down $37,048 or 5.16%. And that’s in just one mont
September 15, 2023
In our last Money Machine article, we compared multi-family residential buildings that were designed and built as such to buildings that were converted to become multi-family. And we saw that there are a lot of advantages to owning buildings that were designed and built to be exactly what they now are. Especially true in the case of small entities such as duplexes and triplexes.
September 15, 2023
When it comes to saving money, there are a lot of little things you can do that add up to make a big difference! Here are 10 of my favourite money-saving tips to help get you started today:
September 15, 2023
There are a lot of special events and socials on the RE/MAX Garden City Realty calendar over the course of the year: Christmas Gala, Awards Celebration, Hackers Golf Tournament, Administrators Day just to name a few. And each has its unique flavor and I suppose claim to fame. But one of the all-time favorites is the end-of-summer Broker B.B.Q. held most recently at Henley Island in St. Catharines.