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

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Has Winter got you down? Believe it or not, the first day of Spring is about a month away on March 20th. We’re counting down the days until our cabin fever breaks!

Home buyers also appeared to be hibernating last month as sales dropped by 18 per cent compared to January 2017. January is typically a slower month so there’s nothing to worry about but, what is less typical, is that listing inventory is still at historic low levels. As a result, we’re continuing to see multiple offers on properties putting upward pressure on prices.

Did you know that the average sale price of all residential properties sold in January increased 9 per cent to $458,750 compared to January 2017?

If you’re thinking of making a big move this year, don’t wait too long… especially if you’re a buyer as home prices just keep climbing higher. And, if you’re a seller, it’s a great time to sell your home!

If you have any questions about the real estate market, we’d love to talk to you!

Facebook! Have You Liked Our Team Page Yet?

Our team Facebook page is a great place for you to keep informed about the latest news or events in our community, exciting contests or giveaways and sneak peaks into our future and current listings.  If you're not already following us, please take a moment and like our page. 

https://www.facebook.com/thedeutschmannteam/  

Market Report:

We're well into winter now and the market is starting to warm up again. Read Drew's report to see how the new year started in our local Real Estate Market: http://elitere.ca/blog/kitchener-waterloo-real-estate-market-report-january-2018/

Featured Listings:

Final Phase in Carriage Crossing - Starting at $1,375,000

Only a few lots left for the final 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

326 Grant Crescent, Waterloo - $1,399,900

Country living in the city! Hidden away towards the end of a cul-de-sac, this magnificent "Old Colonial Acres" Estate home is located in one of Waterloo's most affluent neighbourhoods on a 3/4 acre property.  This stunning American-Dutch Colonial 2-storey offers over 5100 square feet of finished space, has 6 bedrooms, 3 bathrooms, and boasts $300,000 in recent updates.  This property offers more things than we can list!  This is truly a home like no other. Check out the full listing: https://youriguide.com/i1t5c_326_grant_crescent_waterloo_on

50 Limera Ave, Elmira - $595,900

Gorgeous 4 bedroom, 3 bath home in picturesque Elmira! This home has it all...over 2,000 sq ft, carpet-free main floor, open-concept with modern finishes, granite kitchen and so much more! This home is better than new and located less than a block away from the new Riverside Public School! Full listing details: http://elitere.ca/team-listings/

95 Glenvista Drive, Kitchener - $439,900

Beautiful 3 bedroom, 3 bathroom freehold townhome with garage. Built in 2016. Spacious, open concept 3 -storey design with 1,438 sq ft. All appliances included. Central location close to shopping, restaurants, schools and Highways 8 and 401. Full listing details: http://elitere.ca/team-listings/

 

Coming Soon:

708-223 Erb Street, Waterloo

Enjoy living in the Westmount Grand!  This luxurious 2 bedroom corner unit condo features 1,361 sq ft, a balcony and boasts high end finishes throughout. 

 

What's Happening in Our Region:

It's the long weekend!  There's so much going on in our area this weekend.  Check out our extensive list in our latest blog: http://elitere.ca/blog/things-to-do-this-family-day-weekend/

Take a Walk on the Boardwalk (or Sidewalk)
 
If you’ve played the game Monopoly, you’ve probably picked up the Chance card that reads, “Take a walk on the Boardwalk. If you pass Go...”

That’s good advice when shopping for a new home. When you see a property you like and you’re thinking of making an offer, spend some time walking around the neighbourhood. This will give you a better sense of what it’s going to be like to live there.

After all, the last thing you want is to buy a dream home only to find out later that there are issues with the neighbourhood that make living there miserable. 

If you have kids, see how far a walk it is to local parks, playgrounds, schools and community centres. 

If you commute, you might also check out the route from the neighbourhood to your place of work. Is there a left turn that is likely to get backed up in the mornings?

Also check out how well the neighbours take care of their properties. Homeowners tend to keep their homes looking good if they enjoy the neighbourhood.

As you walk, listen. Are there noises from nearby high schools, industrial areas, or highways that are going to be unpleasant for you? Find out if the neighbourhood is near an airport flight path, or if there is a railway in the area. 

If you get a chance, talk to some of the neighbours. Ask them what they like most about living in the area. You’re likely to get some candid - and useful - answers.

Finally, spend some time visualizing living in the area. Can you see yourself enjoying what the neighbourhood has to offer?

If so, then buying a home in that area will likely be a good choice for you.
The Importance of Showing Your Home Often
 
Imagine coming across a “Home for Sale” listing on the internet. It’s in a neighbourhood you’re seriously considering. You and your family are excited. You can hardly wait to view the property and see if it could be your next dream home.
Then, there’s a problem. 

When you contact the agent, she says the homeowners are busy people and won’t be able to show the house until next week. Even then, the only time available is at noon on Wednesday, when you’ll be miles away at work. How about viewing the property on Saturday? Forget it. The homeowners are having company over that day.

Chances are, you’ll lose interest long before you ever get a chance to see that property! 

This may sound a little extreme, but it does illustrate an important point. 

If you don’t make your home readily available for buyers to view, many simply won’t view it, and your property may not sell.

That doesn’t mean you have to be inconvenienced each day by a steady stream of buyers stomping through your property. However, you do need to be flexible.

When buyers become interested in your home - by seeing the listing online, for example, they want to view it as soon as possible. The longer they have to wait, the more likely it is that another property will capture their interest.

They may even make an offer on another home before they get a chance to see yours! 

That’s why as your REALTOR®, I’ll work with you to arrange the dates and times that your home can be shown - a schedule that’s convenient for you as well as for potential buyers.
Deciding Whether to Stay Or Sell
 
Deciding whether to stay in your current home or look for a new one is tough. So tough in fact, that there is a reality TV show about it!

If you’re struggling to make that decision, here are some tips that can help:

  • Find out the current market value of your home. This will give you a clear idea of how much your property is likely to sell for in today’s market.
  • Find out how much you can afford to invest in a new home. This is calculated, in part, by how much of a mortgage you qualify to receive.
  • Determine whether your current home still suits your needs. Do you need to move up to a larger place? Downsize to a smaller property?
  • Figure out whether this is the right time to move to a neighbourhood that you’ve always dreamed of living in.
  • Assess whether your neighbourhood has changed in a way that you don’t like.
  • Decide whether you are still happy where you live. Is it time for a change?

As your REALTOR® I can help you answer these questions and provide the information you need to make the right decision.

notable, quotable... quotes!
 

“The road to success is always under construction.”
James Miller

“Great things are done by a series of small things brought together.”
Vincent Van Gogh

“Be the best. If others don’t see it, who cares?”
Oprah Winfrey


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

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