The Deutschmann Team
RE/MAX TWIN CITY REALTY INC.
Phone: (519) 841-6511
Email: info@elitere.ca
Website: www.elitere.ca
 
 

,

We hope you have had a great October! It’s hard to believe we are mid-way through the fall season with our time change just around the corner 😊

If you are still considering selling your home in 2018, then you couldn’t have chosen a better time! This year has welcomed a new consistency to prices, versus the chaos of last year.  

Overall the prices are stronger than in 2017 with our year-to-date average price at $483,958 versus the year-to-date average price at the same time last year being $472,928. 

The market is strong and we’re anticipating a busy finish to a great year!

Below are 7 reasons why fall is a great time to sell:

Reason #1: A more serious buyer pool

Yes, the spring housing market is sure to bring out buyers, but plenty of folks may hold off on making an offer. With more homes to choose from, they can afford to be picky, and that could extend their search by months. Come September though, serious buyers will be feeling the pressure to make their move before the holiday season or bad weather hits.

Reason #2: Less competition

Post-summer home buyers not only have the stress of the holiday season looming overhead, but their options are shrinking. Many sellers rush to close by September, so fortunately you’ll be competing in a much smaller market. That can be a powerful bargaining chip to help you close before the end of the year.

Reason #3: Different buyer demographics

While families are more likely to make their move in the spring, millennials and empty-nesters usually swoop in a bit later in the year. They’re not the only ones, either: to avoid higher “on season” real estate rates, employers who need to relocate their workers often wait for the fall, when the market tends to cool down. These out-of-towners will probably need to get through the process quickly, too, which could mean a relatively speedy closing.

Reason #4: More flexibility for improvements

Spring and summer can be a much-needed break from a harsh winter, and your house could probably use a little TLC. So give yourself those warmer months for some home improvements.

Reason #5: Families are back from vacation

Schedules are normalized with kids back in school. And the fall weather just seems to make everyone a little happier with temperatures that are conducive to getting out and about to tour homes.

Reason #6: The holiday hustle is still a good 40 to 50 days away

That means you could be settled into your new home before the holidays!

Reason #7: Homes show well in the fall

It's easy and affordable to create seasonal curb appeal by raking the leaves and framing the front steps and entry with yellow, gold and orange mums, pumpkins and gourds. Carry the fall them inside with some autumn-hued accent pillows, candles or other seasonal touches like a bowl of crisp red apples.

If you have any questions about the real estate market, or feel that this may be the right time for you to buy or sell, please contact us-we’d love to hear from you 😊

Market Report:

There's lots to say about the current supply and demand for real estate locally.  Here's Drew's report on how the numbers looked last month: https://elitere.ca/kitchener-waterloo-real-estate-market-report-sept/

Featured Listings:

506 Hilltop Lane, St George - $4,250,000

Nestled on a private lake, this stunning lakefront estate boasts over 10,000 sq ft of living space, a walk-out lower level, 3 car garage, 2+2 bedrooms and 6 baths.  This exceptional home is situated on 8.26 acres and has access to the private "Blue Lake".  Offering wall-to-wall views that will take your breath away, a luxurious great room with soaring ceilings & bar, wood burning fireplaces, heated flooring, secluded terraces, games room with bar, squash court, spa room with plunge pool and sauna, and media room.  Separate buildings include an all-season lake house with loft, full bath and kitchen. This property is a rare find, perfect for the discriminating buyer who seeks a home of exceptional architecture and quality and a stunning departure from the ordinary.  

https://youriguide.com/506_hilltop_ln_saint_george_on

565 Kiwanis Park Drive - $1,849,900 

Unparalleled finishes define this luxurious, custom built bungalow situated on approx. 1/2 acre.  With wall to wall views and multiple walkouts you will enjoy the backyard oasis that includes a salt water pool with cabana, lavish perennial gardens and a covered patio. This is a rare offering in one of the region's most prestigious neighbourhoods.  Minutes from all amenities and the highly desirable Kiwanis Park, walking trails and the Grand River. Pristine surroundings combined with a unique custom design of the house and grounds produce a truly one-of-a kind house and cottage setting. https://youriguide.com/565_kiwanis_park_dr_kitchener_on

Final Phase in Carriage Crossing - Starting at $1,427,727

Only a few lots left for the inal phase in Carriage Crossing! We are now closing homes in 2019. Make sure you reserve your lot today! Custom build your dream home with Deutschmann Homes in Waterloo's prestigious Carriage Crossing! Premium upgrades included! For more information and pricing: http://elitere.ca/team-listings/.  Want to see pictures of finished homes and previous model homes?  Check out our gallery: http://deutschmannhomes.ca/gallery.php

343 Amberwood Drive, Waterloo - $949,900

Lcoated in the desirable Upper Beechwood, this magnificent home backs onto greenspace, offers over 3800 sq ft of finished living space with 3+1 beds, 4 baths and a finished basement.  Featuring: recent updates, spacious open concept layout, updated ktichen with island, formal dining room and a great room with soaring ceilings and a modern fireplace.  Completing the main level are 2 bedrooms, 4 piece bath, laundry/mud room and a powder room. The upper level is a dedicated master suite with a 5 piece ensuite and a walk-in closet.  Completing the home is a finished lower level with rec room, another bedroom and bath.  Entertain in either the private front courtyard or the backyard oasis complete with manicured gardens and mature trees. Located close to all amenities, parks, trails, universities and the Upper Beechwood community pool and tennis courts.

https://youriguide.com/eq4vk_343_amberwood_dr_waterloo_on

241 Greenbrook Drive, Kitchener -  $529,900 Completely updated 3 bed sidesplit located on a mature treed lot backing onto greenspace!  This fantastic home features a modern kitchen complete with quartz counters, large centre island, stainless appliances including range good, backsplash and a farmhouse sink.  A large great room with hardwood floors, vaulted ceilings, designer lights a a sleek barn door complete this open concept living space.  Upstairs are 3 bedrooms and a family bath.  Lower level is bright and spacious with a 2-piece bath and more hardwood floors. The basement provides additional living space and storage.  This home has been updated with desirable finishes including upgraded interior doors/hardware, modern lighting throughout and offers an extraordinary amount of living space!  http://www.myvisuallistings.com/pfsnb/267184 

Coming Soon:

74 Norwich Road, Breslau

This 3 bedroom, 3 bathroom family home will be coming to the market soon!  There's loads of living space in this home including a bonus upstairs family room and a walk-out basement.  This home is located in a wonderful neighbourhood and provides a monthly income with solar panels! 

Featured Blog

Wondering why some homes just don't sell?  Check out our featured blog this month: https://elitere.ca/6-reasons-why-your-home-wont-sell/

Breast Cancer Awareness Month

October is breast cancer awareness month.  Check out why this is so important to us: https://elitere.ca/remax-home-for-a-cure/

What's Happening in Our Region:

The holiday season is quickly approaching, and what better way to get a head start than to attend one of the many Christmas and craft shows happening in our region!

Here's a few of them:

Elora Handmade Market - Sunday October 28th

http://mandy1487.wixsite.com/elorahandmademarket

St Clements Arts & Crafts Show - Saturday November 3rd 

https://www.facebook.com/events/274130723223360/

Elora Fall Market - Saturday November 3rd 

https://www.facebook.com/events/874011579425801/

Kitchener-Waterloo Christmas Craft Festival - November 10th and 11th 

https://www.facebook.com/events/1931719283566182/

Winterbourne Wonderland Christmas Tea and Marketplace - Saturday November 10th

http://www.winterbournewonderland.ca/

Fergus Christmas Craft Show and Market - Sunday November 11th 

https://www.facebook.com/events/240245749892676/

Annual Christmas Bazaar - Saturday November 17th 

https://www.facebook.com/events/559930211093969/

Fergus Holiday Market - Saturday November 24th

https://www.facebook.com/events/273162176542875/

Kitchener Christmas Craft Show and Market - Sunday November 25th 

https://www.facebook.com/events/632357963781293/


Do You Know the Basics of Home Security?

 
 
Most people feel confident that they know the basics of home security. For example, they know to: keep all doors locked; have a light on in the house while away; and, never hide a key outside in an obvious place, like under the mat.

Yet, almost a million and a half properties get burglarized in North America each year. So, how can you prevent that from happening to your home? Here are a few lesser-known home security basics:

  • Actually, never hide a key outside. Thieves know all the hiding places. Instead, make sure all family members have a key.
  • Two-thirds of home burglaries occur during the day. So, be extra vigilant about making sure doors and windows are locked while you’re out during the day.
  • Surprisingly, most thieves are not daring. They are 2.7 times more likely to target a home without an alarm system.
  • Thieves will attempt to force entry through sliding-style doors and windows first. Make sure these have a locking bar or extra bolt lock.
  • Surprising, 40% of household burglaries do not involve forced entry. The thief is able to slip in through an unlocked window or door.
  • Don’t show off possessions! An imported racing bike parked next to the garage, or expensive audio equipment clearly seen through a window, is an invitation to burglars.
  • Take a look at the lighting and landscaping around your property. Are there spots where a thief could easily hide? If so, make some changes.
  • When planning a trip, have a trusted neighbour pick up newspapers, flyers and anything else that may accumulate at your door.

Your local police department may have more tips and special programs for keeping your home secure. Give them a call.

 

The Importance of Reading and Understanding an Offer

 
 
When you make or receive an offer to buy a property, it’s important that you read and understand every clause. It is especially important to understand any conditions or any changes that are made to the standard offer.

An offer may contain several types of conditions. The most common are “conditional upon arranging financing” and “conditional upon passing a professional home inspection.” However, there may be other conditions as well.

You should be aware of - and fully understand - all of them.

In addition, the wording of an offer may change during the back and forth negotiations that often happen. Aside from changes to the price, other clauses may be added, removed or reworded as well.

As your real estate agent, I will always explain the changes and ask you to initial them. This is done primarily to ensure you know and approve of what you’re signing.

A recent newspaper article tells the story of a buyer-seller legal dispute that resulted in a six-figure judgement against the seller. This was due, in part, to a lack of understanding of one of the clauses in the agreement.

You don’t want that to happen to you. Take the time to carefully review and understand an offer.

 

When to Call a Real Estate Agent

 
 
If you’re like most people, you go to see a doctor when you’re not feeling well or have a health concern. However, you may also visit your doctor for a check-up, or to ask questions about healthy living.

In fact, consulting your doctor for anything health-related is a smart idea.

The same holds true when it comes to real estate.

Many people only call a real estate agent when they’re planning on selling their property, buying a new home, or doing both. While that’s an important reason to speak to a real estate agent, it’s not the only reason.

Indeed, there are many good reasons for you to give me a call. For example:

  • If you have a question about the state of the local real estate market. (Remember that it may be very different from what you hear on the news about the national market.)
  • If you want to get a sense of what homes are currently selling for in the area.
  • If you want to determine the current market value of your property.
  • If you want to find out how much homes cost in neighbourhoods you’d like to consider.
  • If you’re thinking about the possibility of making a move, but you’re not sure if it’s the right time.

In other words, don’t be afraid to contact me when you have a question or need some advice about the real estate market.

 

Notable, Quotable, Quotes!

“Success is getting what you want. Happiness is wanting what you get.”
Dave Gardner

“It is skill, not strength, that governs a ship.”
Thomas Fuller

“We are what we repeatedly do. Excellence, therefore, is not an act but a habit.”
Aristotle

Not intended to solicit buyers or sellers currently under contract.
IXACT Contact Solutions Inc.

If you do not wish to receive future emails, please click unsubscribe.

RE/MAX TWIN CITY REALTY INC. , 83 Erb St W, Waterloo, Ontario N2L 6C2 Canada

Trusted Email Powered by IXACT Contact®