Why you should sell your home in the fall

Why you should sell your home in the fall

It is a common idea amongst homeowners that spring is the ideal time to list their home on the market. With spring in the air and summer just around the corner, many think that spring is when buyers are ready to make a purchase and are willing to pay top dollar to move. But, that is not exactly true.

The reality is that people are looking to buy homes all year round, and the fall can be a very smart time to list your home or consider purchasing a new home. The fall real estate market is almost always an active real estate market.

There are many benefits to listing your home for sale in the fall, and let us take you through why we think it is a great idea to sell your home during the autumn months.

‘Tis the season

 

66 Cresswell Rd Manilla ON K0M-small-002-10-Cresswell 66 2-666x445-72dpi
66 Cresswell Rd.  Kawartha Lakes

Ideally no one wants to move in the winter and serious buyers are likely itching to get the keys to their new home now rather than next spring. People want to be settled into their new home to enjoy their holiday season.

Also, buyers know that the holiday season can be tough on the wallet already, which is why they are looking to buy before budgets get tight post-holiday season. Those buyers are out there in the fall, looking for their dream home and serious about finding the right fit.

Better buyers

couple_handing hands

Due to the popular idea spring season is the season to go house hunting, the market often gets flooded with buyers all trying to find their dream home once spring hits. During the fall, Buyers seem to have more time to properly consider and plan for their new home purchase. People are happy and relaxed as the temperature begins to fall and routines are reestablished. Fall is seen in the real estate industry as fresh renewal after the joys of the summer vacation and more relaxed schedules.

Better rates

The interest rates on mortgages are continuing to rise in Ontario, and buyers know that they should lock in their mortgage now. Waiting can cost buyers some serious money in the long-term as banks continue to up interest rates in an effort to cool the market. Purchase affordability may also be affected as new lending criteria is being released.

Selling this fall

 

If you are on the fence about selling, why not start talking about it now? With a professional experienced Realtor on your side, you will be able to get the best price for your home regardless of the season.

 

Any questions, contact us:
Puckrin and Latreille Real Estate Group
Call/text 905.985.7300 | www.puckrinlatreille.com
hello@puckrinlatreille.com
Re/Max All-Stars Realty Inc. Brokerage

Follow us on
Facebook
Instagram
Twitter

Advertisements

Why you should sell your home in the fall

Why you should sell your home in the fall

It is a common idea amongst homeowners that spring is the ideal time to list their home on the market. With spring in the air and summer just around the corner, many think that spring is when buyers are ready to make a purchase and are willing to pay top dollar to move. But, that is not exactly true.

The reality is that people are looking to buy homes all year round, and the fall can be a very smart time to list your home or consider purchasing a new home. The fall real estate market is almost always an active real estate market.

There are many benefits to listing your home for sale in the fall, and let us take you through why we think it is a great idea to sell your home during the autumn months.

‘Tis the season

 

66 Cresswell Rd Manilla ON K0M-small-002-10-Cresswell 66 2-666x445-72dpi
66 Cresswell Rd.  Kawartha Lakes

Ideally no one wants to move in the winter and serious buyers are likely itching to get the keys to their new home now rather than next spring. People want to be settled into their new home to enjoy their holiday season.

Also, buyers know that the holiday season can be tough on the wallet already, which is why they are looking to buy before budgets get tight post-holiday season. Those buyers are out there in the fall, looking for their dream home and serious about finding the right fit.

Better buyers

couple_handing hands

Due to the popular idea spring season is the season to go house hunting, the market often gets flooded with buyers all trying to find their dream home once spring hits. During the fall, Buyers seem to have more time to properly consider and plan for their new home purchase. People are happy and relaxed as the temperature begins to fall and routines are reestablished. Fall is seen in the real estate industry as fresh renewal after the joys of the summer vacation and more relaxed schedules.

Better rates

The interest rates on mortgages are continuing to rise in Ontario, and buyers know that they should lock in their mortgage now. Waiting can cost buyers some serious money in the long-term as banks continue to up interest rates in an effort to cool the market. Purchase affordability may also be affected as new lending criteria is being released.

Selling this fall

 

If you are on the fence about selling, why not start talking about it now? With a professional experienced Realtor on your side, you will be able to get the best price for your home regardless of the season.

 

Any questions, contact us:
Puckrin and Latreille Real Estate Group
Call/text 905.985.7300 | www.puckrinlatreille.com
hello@puckrinlatreille.com
Re/Max All-Stars Realty Inc. Brokerage

Follow us on
Facebook
Instagram
Twitter

Interest Rates Are Up … Now What

How is that impacting the Durham Region and Kawartha Lakes housing market?

August 29, 2017

We have been seen a lot of changes in the housing market in the Greater Toronto Area, since the Bank of Canada interest rate change (July 12, 2017) . There’s been a lot of buzz around the most recent interest rate increase, and it’s no surprise the housing market is definitely cooled down in July and August  compared to the Hot sellers market of spring 2017.

So, what’s happening in the Eastern Greater Toronto Area, specifically the Durham Region/Kawartha Lakes? Well, there are a large number of listings and certainly we are seeing fewer buyers than the hot housing market of February to May.

Interest rates and other changes

With the Bank of Canada raising its key interest rate to .75% from .50%, it’s the largest increase in the last 7 years. (July 12, 2017) Many banks are following suit and raising their rates as well. Most borrowers shouldn’t worry just yet – the increased interest rates are still quite small. For example, RBC set their rates .2% higher, which in reality only adds $13 to every $100,000 of a mortgage.     [ refer to:  RateHub.ca ]

Right now, the interest hike isn’t going to make-or-break most buyers. That being said, this interest rate rise will likely continue to deflate the confidence of the buyers’ market. We are already able to see the impact on the market with fewer buyers for each new home listed on the market.

What to watch:

The biggest impact could be the implementation of the regulation for buyers who are applying for a mortgage. Buyers may have to qualify for 2% higher than the discounted rate, which had already been instituted on insured mortgages (mortgages that have more than 80% loan to value ratio). This rule may impact all mortgages and is being reviewed by the office of the Superintendent of Financial Institutions.

Are we in trouble?

Not exactly. Buyers will qualify for less than the purchase price, which could affect the market value on homes – and we may see a decrease in prices. Yes, buyers are already feeling the changes in the market as we realize that the ship has sailed on the hot prices of spring.

The Greater Toronto Area real estate market, including our area of Durham Region, experienced a non-traditional “normal” Spring market, meaning it was a seller’s market that only had 30 days of inventory. This meant there was practically NO inventory to be sold and the laws of supply and demand were in effect. This lasted from mid January to the first week of May this year and then it ended abruptly.

 

This slideshow requires JavaScript.

 

 

A balanced market

Now, we are experiencing a happy medium. The market shifted from a seller’s market to a buyer’s market. The days where there were 10 buyers for every house are gone and we are noticing a larger inventory of homes with lower price tags  ( but still fair market value.)  The average time of a home on the market in the Durham Region is now increasing.

This is not a bad thing. We’re getting back to a normal market where buyers have more choices and negotiation leverage. It makes for a much healthier market. Some sellers are expecting the high prices of the spring, but we are seeing prices come down moderately. This makes it more affordable for prospective buyers.

Durham Region & Kawartha Lakes still a good investment

One thing is for sure, despite all of these changes in the housing market, Durham Region remains a great place to invest if you are looking to live in the GTA and get out of the city. North Durham and the Durham Region as a whole, Kawartha Lakes and Northumberland are still some of the most affordable places to live just outside of the GTA, and many buyers are choosing to buy a home in these locations.

Whether or not the market changes, Durham Region and Kawartha Lakes are still great places to live, work, and play. It’s a great place to invest and raise a family. If you’re thinking of coming to the area, there is no better time to buy than now!

 

Brett Puckrin,  AACI, P.App, Sales Representative
Team Leader, Puckrin & Latreille Real Estate Group 
Re/Max All-Stars Realty Inc. Brokerage
144 Queen St. Port Perry
www.puckrinlatreille.com 
call/text: 905.985.7300

 

 

 

New house, new pool: What you need to know

Buying a home with a pool? Here’s what you need to know

Pools often get mixed reactions from potential home buyers. People are either ecstatic about the idea of having a pool in the backyard, or say it’s a complete deal breaker. Having a pool in your backyard is a big commitment, and while it’s one that can bring summers full of entertainment, swimming, and hosting, some may see it as a long term commitment of care and resources.

6 Deerfoot Dr Sunderland ON-large-066-38-6 Deerfoot Dr Sunderland-1500x1000-72dpi

Many people wonder: Is a pool right for our home? Owning a pool is a very personal decision, and if you or your family is thinking it’s right for you — that’s great! A pool can bring many positives to home ownership. However, there are also many reasons potential buyers hesitate. Before you jump in — literally! — here are some things you should know about owning a pool.

Is a pool the right investment to increase home value?

Yes and no. It really depends on where you live — in warmer climates, owning a pool is a major plus. But, we live here in Canada where our summers can be hit or miss. While it also depends on the province (East and West coasters have different weather), many home buyers in Canada are split on whether or not a pool is a value add, making the investment can be a gamble.

If you’re considering installing a pool, only invest a modest amount that you can afford and ensure it’s the right fit for your home. Does it fit nicely in the property lot? Is it going to be well designed and maintained? Is your neighborhood a family-friendly neighborhood which would attract the right pool-friendly buyers? All of these are good questions to consider whether or not a pool is the right investment to increase your home value. If you’re on the fence, feel free to consult your realtor, as they’re experts on the real estate market and can give you some insight.

Long-term commitment & care

A pool is a ton of fun, but they don’t take care of themselves! A pool requires constant upkeep to ensure the water is swimmable and it remains in top working condition. Pools require not only time, but also a significant financial commitment to take care of a pool all year round.

Some questions to ask yourself: Are you a family that will have time to take care of the pool? Does the overall care and maintenence fit into your budget? If you’re too busy, do you have the budget to pay someone to maintain the pool? If something breaks, do you have enough slush money to pay for repairs?

Pools definitely don’t come cheap, and although many families would say the investment and maintenance is worth it, others end up burdened with the costs.

To get a rough idea at the financials, here are some costs you should prepare for:

  • Insurance: You’ll have to add insurance to your home insurance, and it may impact your premium. Plan on adding cost to your monthly insurance bill.
  • Chemicals: Pools require weekly, monthly, and yearly upkeep. The average cost of pool chemicals can cost you anywhere between $300 to $800, depending on how long you keep it open each year.
  • Pool cover & fencing: You want your pool to be safe and taken care of in the winter. You’ll likely have to invest in a pool cover, and should consider adding in a fence to ensure children or pets can’t run in and out of the pool area unattended. There are local municipality By-law stating that all pools have to be fenced. It’s always best to refer to your municipal by-law

 

Scugog township: https://goo.gl/7noXuZ

Kawartha Lakes: https://goo.gl/o8SmKP

Oshawa: https://goo.gl/GXhw3i

Clarington: https://goo.gl/pdckRU

 

  • Heating cost: Due to cooler Canadian summers, most families typically choose to heat their pools. Heating costs can run you anywhere between $100-$300 [ Approx ] a month, depending on the size of your pool.
  • Cleaning: Whether your DIY and pay for all of the tools, or hire some professionals, ensure that you include the cost of cleaning in your yearly (or monthly) pool budget.

Repairs & Budgeting

Once you’ve accounted for all of the upkeep costs, also consider having a bucket of budget set aside for potential repairs. Pools are outside and filled with water, so it’s no surprise that breakdowns and issues often arise each year. On top of any unplanned costs, there’s also basic upkeep costs, like a resurfacing your pool every 8-10 years, replacing the pump motor, getting a new liner every 15 years, fixing any plumbing or leak issues, and any other unplanned pool mishap.

If you’re buying a house with a pool, ask the real estate agent to get all the stats on the pool so you know what you may be in for: How big is the pump? When was it installed? How old is the cover? How much does the current home owner spend on maintenance and repairs? Etc. If you’re starry eyed about owning a pool, make sure you get all of the details before signing on the dotted line. Pools can be an amazing addition to your life, but also can come with a lot of responsibility. Get informed the best you can to know if your new pool is right for you.

 

So, do I want a pool?

Only you can know if a pool is the right choice for your lifestyle and home owning needs. Many families sing praises about owning a pool and love throwing pool parties, teaching their children to swim, lounging poolside, and don’t mind the responsibility and costs with it. Other families, curse and swear about their pool. As long as you do your research and fully understand what’s involved, chances are you will quickly realize what the right move is for you. If you’re still on the fence, hang out with someone who has a pool to get the full low down for what you’re getting into!

If you’re against owning a pool, but fall in love with a home that has a pool installed, talk to your realtor about options. You can always fill in or remove a pool if you’ve found a home that’s absolutely the one for you, excluding the pool.

The Bottom Line

Buying a house with a pool can be fabulous! Whether or not it adds value to the home depends on many factors…. and enjoy the summer weather.

Want to talk through the pros and cons? Reach out today! We are always happy to help.

Puckrin & Latreille Real Estate Group

call / text:  905.985.7300

http://www.puckrinlatreille.com

Re/Max All-Stars Realty Inc. Brokerage

Exclusive: New Home Construction To Be Built at 174 Valentia Road Near Lindsay

Puckrin Latreille Real Estate Group

valentia-_new-built_image

Model  A – 1245 sq ft.   listed at $579,900 

Exclusive, New built construction starting soon

Quality-future Built construction home in a great neighbourhood – Hamlet of Valentia, 10 minutes to Lindsay, Ontario. Located at 174 Valentia Rd.  Kawartha Lakes

Beautiful 3 bedroom 2 bathroom bungalow “To Be Built” home by a very reputable builder – New Image Homes.     Attention to  detail throughout.   Large open concept main living space features vaulted ceilings and engineered hardwood throughout main floor.

This home is ready for your decisions in regards to Flooring, Counters, Cabinets, amenities, etc… Make this blank canvas your own, personal dream home.

Master bedroom with 3 piece ensuite,  full unfinished basement with direct access  to  the large triple car garage. Conveniently Located- 20 minutes north of Port Perry and  10 minutes from Lindsay!

disclaimer
All information displayed is believed to be accurate but is not guaranteed and should be independently verified.  No warranties or representations are made of any kind.

Choose from 2 different floor plans Model  A with 1245 sq.ft.  or Model  B with 1605 sq.ft. 

Lot 21 Valentia_MODEL B plan

Model  B – 1605 sq.ft.  listed at $689,900

Address and Map 

siminal-model

Extras: 

Now is your opportunity to pick your own finishes – from cabinets, counter tops, vanities, flooring; hardwood, ceramic, carpet and even exterior finishes from the builder samples

disclaimer
All information displayed is believed to be accurate but is not guaranteed and should be independently verified.  No warranties or representations are made of any kind.

 

Essential information

Model Type Type A Type B
Bedrooms 3 3
Bathrooms 2 2
Square Footage 1245 sq ft 1605 sq ft
Year Build 2017 2017
List price $579,900 $689,900
Garage 3 3
Parking Spaces 6 6
Amenities Well water & septic
Heating Propane gas forced air
Community  Information
Address 174 Valentia Rd.
Area Kawartha Lakes
School Info / District Trillium Lakelands District School

Presented by: Brett Puckrin, Sales Representative  and Cayleigh Hoag, Sales Representative  

Cayleigh

Puckrin and Latreille Real Estate Group 
office: 905.985.7300 ext: 5847 | www.puckrinlatreille.com

text / call: 705.879.1511  |  email: cayleigh@puckrinlatreille.com

Re/Max All-Stars Realty Inc. Brokerage

Lovely Family Home at 126 Southcrest Dr. Kawartha Lakes

126-southcrest-dr-seagrave-on-small-011-22-southcrest-126-11-666x445-72dpi

Welcome to 126 Southcrest Drive in King’s Bay golf course community.

This 2036 sq ft professional interior designed 3 bedroom bungalow located in the scenic Kings Bay community, just 10 minutes north of Port Perry and 20 minutes to the 407ETR.  Large welcoming foyer, eat in kitchen with breakfast bar and walkout to lovely landscaped rear yard over looking 9 hole executive golf course, formal dining room, living room with floor to ceiling gas fireplace and view of golf course, spacious master bedroom with 5pc ensuite featuring double sinks, walk-in closet. Fully landscaped front and rear yards with interblock front walk, patio and driveway.    Sweeping vistas abound from morning sunrises over looking Lake Scugog to gorgeous sunsets with a winding river backdrop!

3 Bedroom | 2 Bathroom | unfinished basement |  MLS# X3708329

Address:   126 Southcrest Dr.  Kawartha Lakes, Ontario 

All municipal services are provided to this +/-2,036 sqft professional interior designed bungalow with  9′ ceilings, hardwood flooring, eat-in kitchen, formal dinning room.

King’s Bay Golf Course:

kingsbay_golf-course_image

To view the Feature Sheet:  click here

Photo Gallery for 126 Southcrest Dr.

This slideshow requires JavaScript.

floor room dimension  description 
Main bathroom 1×4 piece
Main bathroom 1×5 piece
Main Laundry 2.44 x 1.83 Access to garage
Main 3 rd bedroom 3.80 x 3.66 closet
Main 2 nd bedroom 3.66 x 3.50 closet
Main Master 4.57 x 3.92 5 pc ensuite. Walk-in closet
Main Living 7.92 x 4.57 Hardwood floor, gas fireplace, Overlooking Golf course
Main Dining 4.13 x 3.25 Formal room, hardwood floor
Main Kitchen 6.10 x 3.80 Eat-in kitchen, walkout to patio, overlooking golf course
Driveway private double
parking 4
garage attached
basement full
central air yes
heat source gas
Heat type Forced Air
sewers sewers
water municipal – Kawartha Lakes
disclaimer
All information displayed is believed to be accurate but is not guaranteed and should be independently verified.
No warranties or representations are made of any kind.

Presented by: Brett Puckrin, Sales Representative
Puckrin and Latreille Real Estate Group
905.985.7300 | www.puckrinlatreille.com

Re/Max All-Stars Realty Inc. Brokerage

North Durham Homes Ready for Summer Fun

When you decide to make North Durham Region your home, you’re definitely going to love the vast open spaces, the people, and the change of lifestyle for the better.  We’ve put together a selection of our current Durham Region and Kawartha Lakes real estate listings that take full advantage of summer fun.

 

20200 Simcoe St. – Scugog – MLS#E3543778 |  $1,199,900 | 62 acre property

Lounge on the terrace, take a dip in the pool or have a family meal on the patio deck.  This home is perfect for entertaining on those warm summer evenings.

You’ll sure to enjoy your new found lifestyle at this home.

This slideshow requires JavaScript.

 

 

The home itself is a Century home (circa: 1867)  and it has been beautifully restored, it has 4 bedrooms and 3 bathrooms.

__Pool2

This would be the perfect spot to cool off on a hot day like today!

View more information via: http://bit.ly/E3543778

 

19700 Old Simcoe Road – Scugog / Port Perry | $989,900 |  MLS # E3534181 | 61+ acre | 3 Bedrooms | 4 Bathrooms

This unique custom built home is situated on 61+ acres; just minutes from Port Perry.  Image the possibilities of designing your own backyard playland; by adding a pool  for everyone to enjoy for years to come.     Have the benefit of the 61+ acre property to ride on your ATV for family fun.

View more information via: http://bit.ly/E3534181

 

 

764 Regional Road 12. Brock  – MLS N3540391 | $769,900

This 1900 sqft * (approx) home in Brock features a beautiful large deck set on 1-acre property . Perfect for the family to enjoy the outdoors, or for entertaining your friends. It’s the ultimate in privacy for all your summer fun.

View more information via:  http://bit.ly/N3540391

 

Contact Puckrin & Latreille Real Estate Group team for more information or  email us at Hello@puckrinlateille.com    905-985-7300

Presented by Puckrin and Latreille Real Estate Group
www.puckrinlatreille.com
905-985-7300
RE/Max All-Stars Realty, Inc Brokerage – Port Perry

 

 

 

 

 

 

 

Must-See Custom Showpiece

764 Regional Road 12. Brock

MLS# N3540391    Price: $769,900

3 Bedrooms | 3 Bathrooms  | 1 Acre lot

This slideshow requires JavaScript.

Listing Description 

5Yr Old Custom Built By Builder For Themselves! Loaded With Features Your Family Will Enjoy! Custom Built By Gordon Contracting! Backdrop Of Farm Fields And Forest Cover! Open Concept Design With Cherry Finished Cabinetry, Granite Counters With Large Breakfast Bar; Custom Backsplash – All Open To Dr/Lr With Warm Hardwood Floors; 9′ Ceilings On Main Floor; walk-out to large wood deck off main floor, Insulated Concrete Form Basement; 874 sf  garage with direct entry.

 

Google Map

 

Escape the city to a countryside paradise in this stunning 5 year old new custom-built home. Spend tranquil days on a 1 acre of private scenery backdrop of farm fields.   Play a round of golf at several local Golf Courses around the area, take a short drive and explore Lake Simcoe.  Easy commute to city amenities in Newmarket, Orilla or Lindsay . This spacious professionally finished and designed home has 3 bedrooms and 3 bathrooms.

Youtube video listing


This beautiful brick and stone ranch bungalow with a double car garage long curved driveway and massive triple oversize garage.

Entertain in style in a open concept main living space. Master culinary flare in the chef inspired dream eat-in kitchen with intricate coffered ceilings. Tall maple cabinetry with crown moulding trim is accented by a glass tile backsplash and beautiful granite countertops.

 

Presented by Puckrin & Latreille Real Estate Group 
Call / Text: 905-985-7300
http://www.Puckrinlatreille.com
Re/Max All-Stars Realty, Inc. Brokerage – Port Perry

Beautiful & Luxury at 5104 Oakridge Trail Oshawa

Breathtaking views, refined finishes, and stunning architecture come together to create a complete luxury living experience.

Welcome to 5104 Oakridge Trail, Oshawa

5104 Oakridge Trail. FB Cover

  • Neighbourhood: Raglan
  • Area: North Oshawa
  • MLS Number: E3500642
  • List price: $1,499,900
  • Acres: 3.79
  • Garage: 2
  • Workshop Garage at the back
  • Pool and hot tub
  • Presented by: Puckrin and Latreille Real Estate Group
  • additional details via: here

This magnificent 3+2 bedroom, 4 bath, detached residential brick home on an incredible 3.79 acre property.   You’ll be hard-pressed to find a more beautiful home in this sought after neighbourhood in North Oshawa.  With a lovely backyard and a spectacular inground-pool, sauna, sprawling lawn, and a beautiful engineered wood deck to enjoy it from.

 

An impressive interior offers everything from relaxing casual spaces to traditional, formal rooms. 2-story foyer, open staircase, hardwood floors and custom woodwork, cathedral ceilings,  and a 14 Ft wall fireplace.    True gourmet cook’s kitchen with tons of granite counters workspace, a huge breakfast area. A spacious mudroom to get organized and a laundry room that will keep you organized.

The fireplace, in the great room creates a warm, inviting ambiance and allows for convenient entertaining. The master bedroom is luxurious as well as the en-suite bathroom with a custom walk-in closet with a laundry shoot. The fully-finished lower level boasts a large, open rec room with a fireplace place as the focal point and there’s two (2) additional bedrooms and 1 bath.

Lots of storage in the 2 car side-entry garage, plus the additional workshop 30 X 50 ft at the back of the property.   Just 5 minutes north of the 407 ETR on Simcoe St. and close to several Country Clubs.

This slideshow requires JavaScript.

Immerse yourself in the natural beauty of North Oshawa with the comforts and pleasures of luxury living. Look out at the beautiful city lights and Lake Ontario from your private deck, sitting high on the Oak Ridges moraine, and enjoy amazing sunrises from a perfect viewpoint.

A grand approach to what is truly today’s ideal home.  This custom residence in the OakRidges moraine offers direct, views of the city limits and Lake Ontario, phenomenal finishes and décor, as well as meticulous attention to detail. Contemporary architecture adds a distinct character and sensational living spaces

 

Presented by Puckrin and Latreille Real Estate Group
www.puckrinlatreille.com
Call / Text: 905.985.7300

Re/Max All-Stars Realty Inc., Brokerage – Port Perry