Montreal Remains a Seller’s Market Heading into 2020

 

Just when we thought the market couldn’t shine any brighter, the stats continue to prove us wrong and show that the real estate market will outshine all of the holiday lights this season!

When compared to November of 2018, we saw a 13% increase in home sales with a total of 4084 transactions, according to the Quebec Professional Association of Real Estate Brokers (QPAREB). To go into more detail; condo sales had a huge increase of 21%, single-family home sales rose 11%, and plex sales had a 4% increase.

 

Areas with the most significant rise in sales transactions this past month:

Vaudreuil-Soulanges: 48%
Saint-Jean sur Richelieu: 41%
Laval: 21%
South Shore: 16%
North Shore: 9%
Island of Montreal: 7%

Low inventory means higher prices! It is interesting to note that sales continued to rise despite the diminished supply of homes for sale. Inventory was down 22% from November 2018.

 

In just the last year alone, we have seen higher prices across the board:

Montréal-area single-family median home prices up by 6%
Median condo prices up by 9%
Median plex prices up by 11%

 

What are your 2020 real estate goals?

As the New Year approaches, it will be important for homeowners and buyers to consider the quick sales turnover speed that we’re experiencing. Properties are selling quickly, with this past month’s statistics being relatively unprecedented since 2004. Whether you have questions about your home or if you’d like to discuss your next move, I look forward to hearing from you.

 

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Protect Your Investment! How to winterize your home

 

As temperatures begin to dip (drastically), your home will require maintenance to keep it in optimum shape throughout the season. From the furnace to the gutters to the landscaping—and many places in between—winterizing helps protect your investment while keeping you comfortable. You can take many steps to winterize your home.

 

1. Furnace Inspection

Your first order of business is to call a professional to inspect your furnace and clean ducts. It’s also a good idea to stock up on furnace filters and change them monthly. If your home is heated by a hot-water radiator, bleed the valves by opening them slightly and when water appears, close them. Remember to remove all flammable material from the area surrounding your furnace.

2. Check the Exterior, Doors, and Windows

This step is critical for your health and safety. Inspect the exterior for crevice cracks and exposed entry points around pipes; seal them. Use weatherstripping around doors to prevent cold air from entering the home, and caulk windows. If your home has a basement, consider protecting its window wells by covering them with plastic shields. Remove summer screens.

3. Inspect Roof, Gutters, and Downspouts

Adding extra insulation to the attic will prevent warm air from creeping to your roof and causing ice dams. Check flashing to ensure water can’t enter your home. Consider replacing worn roof shingles or tiles. Make sure to keep receipts for the resell of your home. Clean out the gutters and use a hose to spray water down the downspouts to clear away debris.

4. Service Weather-Specific Equipment

These measures help you keep tools ready when you will inevitably need them. Service or tune-up snow blowers. Replace worn rakes and snow shovels. Sharpen ice choppers and buy bags of ice-melt or sand. For equipment that you use in the other seasons, like a lawn mower, make sure to drain the gas to avoid rust.

5. Check Foundations 

Rake away all debris and edible vegetation from the foundation. Seal up entry points or cracks to keep small animals from crawling under and into the house. Mice can slip through space as thin as a dime. Secure crawlspace entrances.

6. Prevent Plumbing Freezes

Locate your water main in the event you need to shut it off in an emergency. Drain all garden hoses. Insulate exposed plumbing pipes. Drain air conditioner pipes, and if your AC has a water shut-off valve, turn it off. If you go on vacation, leave the heat on, set to at least +14 degrees.

7. Prepare Landscaping and Outdoor Surfaces

Trim trees if branches hang too close to the house or electrical wires. Seal driveways, brick patios, and wood decks. Remember to move sensitive potted plants indoors or to a sheltered area. You can also plan ahead for spring. Plant spring flower bulbs and lift bulbs that cannot winter over, such as dahlias, in areas where the ground freezes.

8. Prepare an Emergency Kit 

Predicting a long winter. Buy indoor candles and matches or a lighter for use during a power outage. Buy a battery backup to protect your computer and sensitive electronic equipment. Store extra bottled water and non-perishable food supplies (including pet food, if you have a pet), blankets, and a first-aid kit in a dry and easy-to-access location.

Now, not only are you prepared but you’ve also unknowingly covered all the important bases as you should every year to maintain your home and ultimately your investment!

Article courtesy of The Balance.

 

What are your real estate goals for the new year? Whether you have questions about your home or if you’d like to discuss your next move, I look forward to hearing from you.

 

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New Video! Investing in Montreal Instead of Paying Rent

 

Investing in Montreal as a Parent of a Montreal Student

Missed our webinar? Not a problem, we have the full video ready for you to view. Join me as I discuss investing in the Montreal market as a parent of a university or CEGEP student. What are the first steps? What are the benefits of purchasing over renting? If you have any further questions about this topic or about the market in general please do not hesitate to contact me for all your real estate needs.

 

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New Listing & Open House! 377-381 Clarke

Beautiful Duplex in the Heart of Westmount

Duplex located in the heart of Westmount walking distance from Greene Ave. Lower duplex on 2 floors with high ceilings & large rooms, boasts the feeling of a Westmount house. 4 bedrooms & 4 bathrooms. Upper duplex (currently rented), 2 large bedrooms, 2 full bathrooms & parking. Great opportunity to own a home in Westmount with revenue!

377-381 Clarke Ave, Westmount
Asking Price: $2,575,000

 

Open house this Sunday, July 7 from 2-4pm

Can’t make it to the open house? Not a problem, contact me today to book a private viewing
at a time that is convenient for you!

 

Book an appointment

 

 

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Making your Move a Smooth One : 6 Things to Remember

 

Making your Move a Smooth One : Organize & Think Ahead!

It is easy to get caught up in wanting your move to go by fast. Remember that organizing ahead will make your life easier later.

 

1 – Label your moving boxes with detail- what is inside and for which room. This ensures that you and your movers will know exactly where to put them.

2 – Prepare an overnight bag to keep in your closet that you can go back to throughout the move with your go-to items. (Pyjamas, change of clothes for the following day, toothbrushes, cosmetics, medication, toilette paper, wipes, towels, phone chargers.)

3 – Kitchen: Bring biodegradable plates, forks, cups and napkins to limit messes, and to keep things easy. Remember: If your new home didn’t come with appliances, make sure you do not plug in your fridge right away. Allow the fridge to stabilize for 24 hours.

4 – Pets: If you have any pets, ask a loved one to take care of them for the day, to ensure they don’t get trampled by accident, or get confused amongst all the movers and guests. 

5 – Call your new municipality to figure out which days the garbage and recycling pass, so you can organize what to put out and when. Don’t forget to pack ample garbage and recycling bags.

6 – Stay fueled: Most importantly, pack a cooler with water bottles, snacks, and your milk of choice for cereal and coffees.

 

What are your real estate goals for the season? Whether you have questions about your home or if you’d like to discuss your next move, I look forward to hearing from you.

 

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Great Opportunity! 662 Av. Murray Hill

Great Opportunity! 662 Av. Murray Hill

Superb semi-detached with garage in the heart of Westmount. Bright, airy living areas with numerous updates make for a happy and calm atmosphere. The second floor holds 4 bedrooms and 2 bathrooms: ample space for everyone in a quiet and serene atmosphere. The garden level is bright, open and features high ceilings as well as a closed bedroom. Available for purchase or rent.

662 Av Murray Hill, Westmount
Asking Price: $1,649,000
Rent: $6,500

 

Contact me today to book a private viewing!

Book an appointment

 

 

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SOLD! 4684 Grosvenor & 3775 Grey

 

Two Beautiful Westmount Adj. Homes Sold

4684 Grosvenor – a stunningly renovated, turnkey undivided condo
with front parking pad and 3775 Grey – a bright & sunny semi-detached
family home with the perfect address.

 

 

4684 Grosvenor ave, Westmount Adj.

Steps away from private schools, elementary schools & parks. 9-foot ceilings throughout give great volume & airiness. Oak floors throughout.

 

3775 Grey ave, Westmount Adj.

The perfect address! Well maintained property with a large kitchen with walk-in pantry & breakfast nook overlooking a patio & beautiful private garden.

 

 

 

 

 

 

 

Spring is here, contact me today for a home evaluation! What are your real estate goals? Whether you have questions about your home or if you’d like to discuss your next move, I look forward to hearing from you.

 

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Significant Price Reduction & Open House! 3775 Grey Ave.

Westmount Adjacent Home with Westmount Land

Bright & sunny Westmount adj. semi-detached. Well maintained. Large kitchen with walk-in pantry & breakfast nook over looking patio & beautiful private garden. Large dining room open to the living room perfect for entertaining. Ground floor powder-room. 4 bedrooms. semi finished basement with full bath & laundry room. Driveway & 2-car garage. A/C.

3775 Grey Avenue, Montreal QC
Price: $1,395,000

 

Open House Sunday April 28 from 2-4pm

Come take a look for yourself!

 

Can’t make it to the open house?

Contact me today to book a private viewing!

Book an appointment

 

 

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Home Buyers are Looking!

Westmount, NDG, Hampstead, and Westmount Adj. Homes in Demand

As you know the real estate market is very hot and buyers are having difficulty finding homes. I am currently on the hunt for homes for two dear clients of mine. Their respective criteria are below along with location and budget information. Contact me today if you would consider the opportunity to sell your home!

 

Family 1

LOOKING FOR
A 5 or 6 bedroom, single-family home with a 2-car garage, and preferably a pool sized backyard. The client is open to the areas of NDG, Westmount Adjacent or Hampstead.

 

BUDGET
Looking to spend under $5,000,000.

Family 2

LOOKING FOR
Young family moving from the West Island with two young girls. In need of a renovated single family home, can be 3 bedrooms, ideally with a third floor or basement “grandparents” suite. In need of a large backyard and 2-car garage. Westmount.

 

BUDGET
Looking to spend under $8,000,000.

 

 

 

Contact me today if you would consider the
opportunity to sell your home!

 

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