Christina, Author at Lets Talk Real Estate Team - Page 25 of 25

September Market Report

Oct 11,2016 | Market Reports

Here is a list of the current market data for September, 2016

Average Sales prices have increased 11.53% from September, 2015.
Single Family Homes:
Detached- Average Sale Price: $497,790 / DOM: 14
Semi Detached- Average Sale Price: $399,169 /DOM: 10
Townhouse- Average Sale Price: $381,200 /DOM: 24
Apartment Unit- Average Sales Price: $274,332 /DOM: 19

South End
Price average is up 12% from September, 2015

North End
Price average is up 14% from September, 2015

East End
Price average is up 26% from September, 2015

West End
Price average is up 15% from September, 2015

Tell us some of your thoughts in the comments below!

The Other Real Estate Transaction

Aug 19,2016 | Buying

According to the Canadian Real Estate Association, there were roughly 46,000 home sales in July of this year in Canada. Most people are aware of the standard buying and selling transactions in real estate, but a lessor known type of transaction that can happen in the real estate industry is called an assignment.
What is an assignment? An assignment is a sales transaction where an assignor (the original purchaser of a property) allows another party (the assignee) to take over their rights and obligations of the Agreement of Purchase and Sale before closing on a property and taking possession of said property. Essentially, a buyer of a home resells the property before they take possession of it.
In our example, I have a new build condominium available in the downtown area of Guelph that was purchased before construction on the building commenced. The building is due to be completed (and able for possession) early next year. Now the property is available for purchase with the added bonus of less wait time until completion than when it was originally purchased.

Our example condo, unit 507 at 150 Wellington Street, is a gorgeous condo in a new 18 storey building with all the amenities you could ask for downtown. The third floor includes a 4073 square foot recreational amenity space, professional health and fitness club, private guest suite, theatre, and a library complete with fireplace. The seventh floor includes the luxurious Sky Lounge with an outdoor terrace, private terrace and courtyard, covered gazebo and indoor lounge with bar and billiards.

The Sky Lounge

Pure Body + Mind
Packing this much into one building takes a fair amount of time to construct, so jumping in on purchasing an assignment property with only a few months to wait until completion seems like a great way to get in on the exciting new downtown skyline lifestyle.
Here’s a link to our gorgeous unit available for assignment.
507-150 Wellington Road

Done an assignment deal before? Tell us some of your tips in the comments below!
Downtown Guelph, designed by John Galt and his companions, was one of the earliest instances of town planning in Ontario. The story of how he determined the layout of the downtown core is said to have come from laying his outstretched hand on a tree stump and basing the street design on how his fingers radiated out from his palm (https://en.wikipedia.org/wiki/Downtown_Guelph).
Nowadays, Guelph’s downtown core is one of the most exciting and vibrant parts of the community. Being able to live in this highly sought after area is a privilege and comes with endless perks.

The amount of activities available in the downtown core are far reaching. If you’re a fan of vintage clothing and shopping, then places like The Patch, Kennedy Park or the Quebec Street Mall are for you. Quebec Street Mall also boasts your everyday needs like medical, dental and legal offices, along with being the home to local Guelph businesses and the box office for Guelph Storm Hockey!
If you have kids or an adventurous spirit, then activities like the Farmer’s Market, the Splash Pad in summer, skating in winter and the numerous concerts and activities in St. George Square will keep you and your family busy.

Night time Guelph (Image courtesy of Blog Guelph)
The downtown area is also a huge hot spot for enjoying the night life in Guelph. Starting from grabbing a delicious dinner at some of the great available restaurants like Buon Gusto or La Cucina and then moving onto drinks or live music at places like McCabe’s, NV or Royal Electric. One of the greatest part of enjoying the night life is that you can park or take a cab downtown and all the options available are within walking distance of one another. So you can change locations as often as your tastes do!
The area even has you covered for the morning after your nights out with unbeatable breakfast spots like Viennaand Balzac’s.
Even with the businesses mentioned we have barely scratched the surface of all the things to do in Guelph’s core. The history is still strong downtown with the civic museum and Guelph’s most famous Church, Basilica of Our Lady Immaculate giving the area an active, yet home town feel. Moving forward, we are excited to see what the future brings with additions like Fusion’s MetalWorks development, which will breathe new life into the area.
Needless to say, we are pretty proud to have such a fantastic area so close to home to enjoy.
Want to see an example of great downtown living? Check out our newest listing of a gorgeous new condo in the city’s core.
1408-160 Macdonell Street

Taste deTours and Happy Birthday, Mom!

Jul 4,2016 | Guelph Living

In honour of my wonderful Mother’s Birthday today I am taking a look back at our Mother’s Day adventures with Taste deTours here in Guelph.

One of the greatest things about Guelph is our vibrant and exciting downtown area. Accompanied by Lynn of Taste deTours, my Mom and I were treated to many of Guelph’s hidden gems. From craft beers, to cheeses and cakes we were able to explore and learn about all kinds of fare that Guelph has to offer.

Nothing better than an insider recipe for perfect golden potatoes courtesy of Tithoria

All smiles after a quick stop at Miijidaa Cafe and Bistro.

3 Tips For Keeping Your Home Safe While Travelling

Jun 21,2016 | Guelph Living

The last thing you want to be thinking about on vacation is how your house is fairing at home. Here are some simple steps to keep your house safe from intruders as well as avoiding home disasters.
1. Ask a Friend or Neighbour for Help
Having someone available to check in on your home while you’re away is the easiest and most reassuring way to keep your home just as you left it. Getting rid of your spare key from your usual hiding place and handing it to a friend makes sure that it’s not there for anyone else to take advantage of with less traffic coming and going from your house.
Ask your friend to stop in and grab the mail from the front step (a pile of newspapers on your porch is a big sign to a potential burglar that no one’s home) and take a peek inside the house to make sure there have been no power outages or surges and that your pipes are still in good shape (especially in winter!).
Make sure you have an itinerary available for everyone watching your house so they know how to contact you in case of emergency. Also, be sure to let everyone looking after your house know about each other so there’s no chance of 9-1-1 being called on your dog walker or neighbour!
2. Don’t Tip Off Criminals on the Web
As tempting as it can be to post your excitement for being away on vacation for your friends and family to see, try not to give explicit details on when, how long, or if everyone in your household is going away. Especially on public social platforms like twitter, Instagram or Pinterest, people who you may not know can have access to your information. Also, be careful if you are planning on changing your voicemail message- people calling don’t need to know that you are away, they just need to know that you can’t come to the phone.
3. Prepare Your Home
Thinking of closing your curtains so strangers can’t see in? That actually could be a way to tip someone off that you are gone. Closed curtains also stop neighbours or drive by police from being able to see into your house to notice strange behavior. Leave your curtains the way you usually do so your house looks the same.
Another outdated way to deter intruders is to leave a light on while you’re gone. Not only does this hike up your hydro bill, but it also can look very bizarre at night when usually there are no lights on. With the introduction of lighting timers, now there’s a way to have your lights on while you’re gone and also add to the effect of looking like someone’s home (no one knows it’s not a person turning those lights on and off). Speaking of saving on hydro, some appliances use energy even when not in use so unplug the items you don’t need while you’re away to save you some money!
If you’re leaving in winter make sure your heat stays on enough to protect from frozen pipes. Have whoever is checking in on your house try to use the faucets when they’re over- if only a few drops come out, the pipes may be frozen. Also make sure they know where the main water shut off is in case of burst pipes!
These tips add a bit more planning to an already busy time right before travelling, but when you can be lying on a beach, exploring ruins or visiting distant family free from the stress of thinking about home- it’s totally worth it. Safe travels everyone!

Why Real Estate? Some Q&A with Nick.

May 18,2016 | Guelph Living

Why did you choose a career in real estate?
I chose a career in real estate because of my love for my community. I have always taken great pride in the City of Guelph and the people who live in it. Being involved in the community from when I was a child up until I graduated, I knew I would always call Guelph my home. I always want to help people, and it was when I was completing my undergraduate degree that I realized the potential in the real estate market. I knew that the university was growing, and there was a large need for quality student rentals. After pursuing a career in professional football with the Winnipeg Blue Bombers of the CFL, I knew I wanted to start my career in real estate in my home town. I immediate got in contact with Jeff (my broker of records), to talk about student rental properties and selling real estate in Guelph. Once I got licensed, I started buying and selling investment properties as well as using my network to promote my owner occupied business as well. I have been working in real estate now for 4 years and it is truly the best decision I have ever made. It is an industry in a city that I love.
What was your work experience before this career?
My work experience prior to becoming a realtor consisted of a being a professional football player and an agricultural sales rep. My career in football has been a huge feature in my real estate career based on the support that I received during my years playing for the University of Guelph, and furthermore, the community’s continued support as I went to Winnipeg to play professional. It has been a great asset for allowing me to connect with people and help build my professional and personal network. I have continued this momentum by supporting the Guelph minor football community as well as the Guelph high school football teams and staying connected to the city through that avenue. This support has been recognized and I have been honoured to have the Nick FitzGibbon award named after me for the Top High School football player in the city every year. Along with my football career, I sold agricultural minerals to dairy farms while I was finishing my real estate licence. This was great sales experience because it put me out of my comfort zone. I found it hard to walk into a barn and sell something I wasn’t passionate it about. My training for selling feed made selling real estate so much easier as I am passionate about what I sell and who I sell it to. Both of these jobs have helped my real estate career immensely and helped make me the realtor I am today.

Nick representing Team Canada in 2011