Thursday, 23 March 2017

266 Golf Course Road Wasaga Beach For Sale

266 Golf Course Road, Wasaga Beach for sale- SOLD FOR ABOVE ASKING!


266 Golf Course Road Wasaga Beach

Welcome to 266 Golf Course Road Wasaga Beach. This stunning custom built home is located in one of the best locations in town. Close to shopping, schools, beach area, blueberry trails and around the corner from Marlwood golf and country club. 

Built in 2007 this home features stone facade and high quality wood siding. Home sits on a 115` X 210` double lot adjoining lot has it`s own water connection and can be sold separately or built on making this property a great investment! Main floor offers hardwood flooring, living room with gas fireplace, kitchen with upgraded granite counters and stainless appliances, laundry area, 2 piece bathroom. 

The upper level: hardwood floors, 3 bedrooms, 2 bathrooms and an office. Spacious Master bedroom features a 3 piece en-suite. Partially finished basement has a family room and 2 piece bathroom. Additional features include large deck overlooking backyard, air exchanger, central air and over sized double car garage. Listing Rep is related to seller.

Asking $449,000




Andrew Weaver
Sales Representative
705-331-2374





Saturday, 18 March 2017

Wasaga Beach Real Estate Market Update March 12th to March 19th 2017



The following is a recap for the week of March 12th to March 19th 2017. There were a total of 17 new listings and 13 sold listings for this reporting period for town Wasaga Beach. This information was obtained from the Southern Georgian Bay association of REALTORS®.

New Listings


Single Family Residential- 15

Single Family Residential on leased land- 1

Condo- 1

Sold Listings


Single Family Residential- 8

Single Family Residential on leased land- 2

Condo- 3



2 properties sold for over $20,000 above asking price for this reporting week.











To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.

Saturday, 11 March 2017

Wasaga Beach Real Estate Market Update March 5th to March 11th 2017

wasaga beach market update


Wasaga Beach Real Estate Market Update March 5th to March 11th 2017

We continue to see very low inventory in Wasaga Beach causing multiple offers and homes selling for above asking price. The experts say there is no signs of any slow down. Home buyers are feeling very frustrated these days losing out on multiple bids. The following outlines real estate activity in Wasaga Beach from March 5th to March 11th 2017.

New Listings


Single family- 16

Single family on leased land- 2

Condos- 1

Sold properties


Single family- 11

Single family on leased land- 0

Condo- 1

The breakdown


As you can see there were 19 new listings compared to 12 homes sold. This calculates to 63% sale to listing ratio which is quite high. In a balanced market a sale to list ratio would be 50%.  The biggest mover this week went to 28 68th Street North listed at $299,000 and selling for $350,000. 

The biggest mover goes to:


28 68th Street North
28 68th Street North, Wasaga Beach









To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.








Tuesday, 7 March 2017

Things to Consider When Buying Rural Property

Things to Consider When Buying Rural Property

Home Buyers of today are very resilient and are starting to think outside of the box. Today's cities and towns are getting too busy and becoming less affordable for many home buyers. Home buyers are starting to consider buying rural property more now than ever. The following blog will outline what to expect when buying a rural property.

Access to amenities

The first thing to consider is how far from from amenities are you willing to be. Amenities such as stores, schools, hospitals, doctors etc. Living out in the country will mean no access to local transit so you will be relying heavily on your car. I recommend testing out distances for yourself as one of the initial stages of your rural property search. Contact the local school board and also find out about school bus schedules and distances from the nearest school.

Do your research

In research I mean check with your agent, seller, municipality on any future developments. These could include gravel pits( dump trucks,noise) chicken farms(unpleasant odour) lots that's that have applied to be subdivided.  Do your due diligence and confirm there is nothing that may affect your standard of living or resale value.

Property Maintenance

Rural lot sizes aren't like your typical city/town size. You won't be seeing any postage stamp lots like 50' x 100' in the country. Most likely you'll be looking at at least an acre or more. With this comes more time consuming maintenance of the grounds. Make sure to factor in costs of lawn tractors, snow blowers and any other maintenance equipment you may need.

Resale of a rural property

When coming to sell your home in the future you may have a harder time. The buyer pool for rural buyers compared to city buyers is much smaller so allow for at least 3 months for a successful sale. Some of the comforts offered to city dwellers still aren't available to rural residents. Reliable high speed internet is one of these issues. Xplornet offers rural high speed but comes at higher cost and is not as fast. Heating costs also is an issue as natural gas availability is scarce in rural areas. With hydro rates as high as they are especially in Ontario be sure to check the heat source and ask the seller to supply all utility bills before making any offer.




To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.

Saturday, 4 March 2017

Wasaga Beach Real Estate Market Update 02-26-2017 to 03-04-2017

wasaga beach real estate market update

We continue to see a very strong sellers market in Wasaga Beach, and there appears to be no end in sight. If you are contemplating selling your home there is no better time than now.

What's the cause? Extremely low inventory, low supply and high demand is causing homes to be sold near, at or above asking price. Here are the following market stats for Wasaga Beach (February 26 2017- March 4 2017.)

New Listings

Condo- 2

Single family- 9

Single family on leased land- 2

Sold

Condo- 0

Single family- 10

Single family on leased land- 3

The Break Down


4 homes sold at or above asking price during this time period. The biggest mover went to 37 30th Street North that sold for $12,100 over asking price. We didn't see any condos reported as sold during this time period but several were reported as conditionally sold.





To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.

Andrew Weaver
Sales Representative
Coldwell Banker Ronan Realty
705-331-2374












Thursday, 2 March 2017

Tips on Buying an Investment Property

tips on buying an investment property


With the stock market being as volatile as it is and banks paying next to no interest on your money more investors are turning to Real Estate to invest their hard earned money. Many of the World's wealthy got their start with investing in real estate, you may not become the Donald Trump overnight but becoming financially stable is attainable. Follow these useful tips to start your journey to financial freedom.

Financing your investment

financing your investment


Financing your investment will be the first step in the process. Speak to your a mortgage broker and get pre-qualified. Depending on your financial situation liquidating of assets may be necessary to first get your feet wet in the investment game.

Work with an expert

work with an expert



When it comes to working with a REALTOR® the one size fits all doesn't apply especially when shopping for investment properties. Make sure to choose a Realtor® with extensive knowledge of the area regarding commercial and investment properties. Interview several agents and also ask for references from past client's. Some agents specialize in just this type of property.

Choosing the right investment property

choosing the right investment property

Once you are qualified and have good a idea on what you can afford, deciding on the type of property will be your next step. Investment properties include a wide range of choices including:

Single home- Start with with something affordable in a location that yields excellent rental rates. Research growth and market appreciation for the last 5 years. Try to predict future trends.

Multiplex homes- These often include duplex, triplex etc.These offer tremendous income potential and an excellent ROI. Make sure to check local zoning by-laws before purchasing to confirm they are in fact of legal use.

Motel- This type of property is much more involved. You would need to decide if "you" will run the motel yourself of hire a property manager. Location is also very important.Will the motel be located in a high traffic area or near a highway? Will it be in a seasonal resort town or city? 

Commercial plaza's or malls- you probably wouldn't jump into owning one of these properties until you've had some investment property experience. Commercial rentals offer more risk such as business's closing and possible high vacancy levels.

These are some of the more popular investment options but the list also includes laundromats,  car wash stations,gas stations, warehousing an so on.

Location is everything

location is everything

We've heard it a thousand times location,location, location! Well with choosing the right investment property location will be the key to your success.What are the current vacancy rates? unemployment rates?  Investing out of town, State or Province to find the right property may be necessary.

Don't just stop at one

The goal with any investor is to own as many investment properties as possible. With the success of your first investment use this as leverage to buy a second one and keep going. With perseverance and using the right tools you'll be on your way to success as an real estate investor.

To check out local real estate listings in Wasaga Beach and surrounding areas please visit my website at andrewweaver.ca.

Andrew Weaver
Sales Representative
Coldwell Banker Ronan Realty
705-331-2374












Coldwell Banker Ronan Realty

Coldwell Banker Ronan Realty
 
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