Open House. Open House on Sunday, March 1, 2020 1:00PM - 3:00PM Well maintained mid-century modern bungalow in Mar Warm and inviting home is perfect for your growing family. Close to Margaret Park School. 4-bedrooms, 1614 SF, family room, formal living/di
Today's featured listing is 661 Bridge Lake Drive. Click on this link to experience this home for yourself with a virtual tour! https://my.matterport.com/show/?m=nmD5suVd1E2&help=1
Here is a few tips from Cottage Life to get you on the right track.
It’s time to open the cottage, making May Two-Four one of the most chore-filled weekends of the year up here. But there’s no reason it has to be all busywork and no beach.
Sure, there are things that absolutely need to be looked after, but not everything is urgent. So to make sure you have time this weekend to relax on the deck, Corona in hand, we’ve compiled a simple checklist of tasks you absolutely need to do so you can make the most of your long weekend.
Before you go
There’s nothing worse than arriving at the cottage to realize you’ve forgotten something. Sure, you’ll always need to make one more trip to the hardware store, but the better prepared you are, the more quickly you’ll be able to kick back and relax.
- Make sure your electricity is turned on. And be sure to phone whatever other services you’ll need before heading up. Its always best to do this before the weekend to be sure someone can help you.
- Be sure that everything is insured and you know where the documents are. This includes boat, trailer, and cottage insurance. And if you’re pulling a trailer, be sure to test all the lights and connections before your family is loaded into the car.
- Try to remember all and any keys you’ll need. Track them down and make sure you bring them with you.
- Put a tool kit together. You will need tools this weekend. Figure out which ones you’re going to need and pack them. And don’t forget the duct tape!
- Gather some cleaning supplies. You’re definitely going to need to do a little bit of cleaning this weekend. Even if all you do is wipe off the deck chair, you’ll need to have the right equipment to do it!
- If you’re going to need filters or batteries, then charge them and pack them. And obviously you’ll need clothes, water and food.
After this year’s dramatic spring, there’s no telling what could be waiting for you when you arrive at your cottage property, especially if you haven’t been there all winter. The first thing you’ll want to do is look around for any outdoor or indoor issues that need to be fixed.
- Check for any damage to power lines, phone lines, the chimney, the deck, the dock, windows, screens, and under the cottage at the posts, pads, and beams.
- After surveying your property, head inside and check cupboards and counter tops for signs of mice or other animals, and look for any water damage that may have occurred over the winter.
Before the relaxation begins, start the cottage season off right with a few minor chores that will make sure everyone is safe and sound for the summer.
- Replace batteries in smoke alarms and carbon monoxide detectors.
- Make sure your fire extinguishers are charged.
- Replace batteries in any flashlights.
- Clean the eaves troughs.
- Clear any large branches off the building and trim any that may have become too close to your cottage over the winter.
- Replace any filters that may need to be changed.
Turning on the taps
Perhaps the most involved part of opening the cottage is getting your water system going. If you have a pump that draws directly from the lake, here are the steps to get it up and running.
- Inspect all lines for signs of damage.
- Replace the pump’s filter.
- Prime the pump.
- Open a cold-water tap in your cottage, and be sure the cold-water valve to your hot water tanks is closed.
- Switch on the water pump at the panel box.
- Open all valves between the pump and your cottage.
- Open all cold water taps to remove air from the system.
- Close all the taps and look for leaks and hissing.
Turning on the hot water
Once your water’s running, you need to fill your hot water tank with water before turning it on. It’s pretty simple, really, but there are a number of steps you should follow to ensure you do it right.
- Be sure the hot water tank is off and all your taps are closed.
- Connect a hose to the drainage valve and run it outside. Open that tap.
- Open a hot-water tap.
- Close the drainage valve.
- Turn on the cold water intake to fill the tank.
- Watch the open hot-water tap. Once water is flowing through it, the tanks is full.
- Turn on the hot water tank, and watch for leaks.
New property listed in Glenlea / Ste. Agathe / St. Adolphe / Grande Pointe / Ile des Chenes / Vermette / Niverville, Winnipeg area
First Quarter MLS® Sales Up 8%
WINNIPEG - WinnipegREALTORS® MLS® market got off to a good start in 2016 with the first three months showing an 8% increase in sales over the same period a year ago. Helping make this result possible was a stellar March 2016 performance in which sales went up 5% over last March. There were 1,058 sales in March and 2,445 in the first quarter.
Owing to a new listings drop of nearly 9% in combination with strong sales, the active inventory at the end of March experienced a slight decrease from 2015. This is the exact opposite of what has been happening the last few years as the number of active listings has been spiking upward significantly. The overall MLS® market as a result is in balanced market conditions with 4 months of inventory.
When you breakdown the two main property types of residential-detached and condominiums a clear difference emerges. Based on March sales activity, the 2,259 residential-detached listings existing at the end of March would last 3 months if no other listings were to come onto the market while the 813 condo listings would be closer to 5 months.
“It is really important for buyers and sellers in any local market to understand one size does not fit all,” said Stewart Elston, president of WinnipegREALTORS®.
“You can have varying degrees of competitive market forces (e.g. supply and demand) at play between and within the many MLS® property types. In evaluating your property’s salability, some questions need to be asked. What price range does the property fall in? What city neighbourhood or rural municipality is it located? What attributes does it have in comparison to similar sized properties? Are they well maintained and upgraded if necessary?
“This is why we always strongly advise and even insist you consult a REALTOR® - a real estate expert – to give you the proper advice and counsel on how the current market applies to your own particular situation.”
Another good example of markets performing differently within the region it encompasses is with regard to residential-detached property inventory. After three months of sales activity the results show neighbourhoods such as St. Boniface, Norwood, River Heights, East Fort Garry and Richmond West have either sold out or nearly sold all of the listings which have come onto the market this year. Close behind with some very high conversions of listings to sales are Crestview, Fort Rouge, Richmond West, Fort Richmond and Linden Woods.
With the entire market region averaging 51% of residential-detached listings being sold by the end of March the rest tend to be all over the map. This means many neighbourhoods still have a higher percentage of conversions of listings to sales but lots of them including rural municipalities fall under the market region average.
“Just like Vancouver is not the same as Calgary or Toronto, neither do our local neighbourhoods behave the same way,” said Elston.
There are two market developments worth noting as we head into the busiest quarter of our real estate market.
Condominium sales have rebounded from a poor first quarter last year. The 328 sales recorded so far are up 15% over the same period in 2015 and 8% over the 10-year average. March condo sales of 167 increased 25% over March 2015 and 20% over the 10-year monthly average.
The other one is the 19% increase in residential-detached sales over $300,000 this first quarter compared to the same period in 2015. As a result, the year-to-date average residential-detached sales price is $300,844, a 6% increase in comparison to first quarter 2015.
The most active price range for residential-detached sales in March was from $250,000 to $299,999 with 22% of total sales. Deadlocked in second place at 15% each were the $200,000 to $249,999 and the $300,000 to $349,999 price ranges. The $400,000 to $449,999 price range equaled the more active $200,000 to $249,999 price range for having the lowest number of days to sell on the market at only 21 days or 3 weeks. The average number of days on market to sell a home in March was 31 days, 3 days slower than March 2015.
The most active price range for condominiums in March was from $150,000 to $199,999 at 34%. Second most active was from $200,000 to $249,999 at 20%. Another 14% sold from $100,000 to $149,999. The average days on market to sell a condominium in March was 46 days, 1 day slower than March 2015.
Established in 1903, WinnipegREALTORS® is a professional association representing over 1,875 real estate brokers, salespeople, appraisers, and financial members active in the Greater Winnipeg Area real estate market. Its REALTOR® members adhere to a strict code of ethics and share a state-of-the-art Multiple Listing Service® (MLS®) designed exclusively for REALTORS®. WinnipegREALTORS® serves its members by promoting the benefits of an organized real estate profession. REALTOR®, MLS® and Multiple Listing Service® are trademarks owned and controlled by The Canadian Real Estate Association and are used under licence.