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New property listed in Paris

I have listed a new property at 21 DOUG FOULDS Way in Paris. See details here

Step into this impeccably renovated lower-level 2-bedroom, 1.5-bathroom apartment – a gem nestled in an unbeatable location! Situated in close proximity to parks, schools, shopping hubs, major highways, and more, convenience is at your fingertips. Featuring a private side entrance, this unit underwent a comprehensive renovation in 2023, boasting premium enhancements. Revel in the luxury of newly installed vinyl floors, sound and thermal insulation, and expansive windows inviting streams of natural light. The upgrades extend throughout, with generously proportioned bedrooms adorned with ample closet space. Indulge in the culinary delights facilitated by stainless steel appliances, including an induction range, refrigerator, dishwasher, and washer/dryer ensemble. Pamper yourself in the luxurious 3-piece bathroom, complete with a spacious walk-in shower, high-end fixtures, and an elegant oak wood vanity. An additional 2-piece bathroom adds to your convenience. One designated parking space ensures hassle-free parking, while a security system offers peace of mind around the clock. All this can be yours for only $2000/month + 30% of utilities. Don't miss out – schedule your exclusive viewing today! (id:2493)

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New property listed in Paris

I have listed a new property at 5 MONK Street in Paris. See details here

Discover the allure of this enchanting bungalow in Paris, situated on a spacious and well-established lot at 5 Monk St in one of Ontario's prettiest towns. As you approach, a welcoming brick exterior and a sizable front deck invite you to enjoy friendly greetings with neighbors passing by. Inside, a practical Cuddy space near the entrance adds convenience to your daily routine. Step into the bright living area adorned with beautiful hardwood floors and a large window that fills the space with natural light. The functional eat-in kitchen is equipped for everyday use, and its patio doors lead to a expansive 16'x24' rear deck, basking in the warmth of all-day South-facing sun. The main level boasts three generous bedrooms, each adorned with closets and hardwood floors, accompanied by a 4-piece bathroom. The basement, featuring a separate side entrance, presents versatile possibilities. It could be transformed into an in-law suite or keep it as is and enjoy! The spacious family room, complemented by a gas fireplace, creates a cozy atmosphere for relaxing evenings. Two additional bedrooms and a 3-piece bathroom enhance the overall functionality of the home. Convenience extends outdoors with parking available for over 3 cars in the driveway. The vast lot offers endless potential for expansion, the addition of a workshop, a pool, or a combination of these elements. Don't miss the chance to make 5 Monk St your home – come and experience the inviting charm for yourself! (id:2493)

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Open House. Open House on Sunday, February 18, 2024 2:00 PM - 4:00 PM

Please visit our Open House at 5 MONK Street in Paris. See details here

Open House on Sunday, February 18, 2024 2:00 PM - 4:00 PM

Discover the allure of this enchanting bungalow in Paris, situated on a spacious and well-established lot at 5 Monk St in one of Ontario's prettiest towns. As you approach, a welcoming brick exterior and a sizable front deck invite you to enjoy friendly greetings with neighbors passing by. Inside, a practical Cuddy space near the entrance adds convenience to your daily routine. Step into the bright living area adorned with beautiful hardwood floors and a large window that fills the space with natural light. The functional eat-in kitchen is equipped for everyday use, and its patio doors lead to a expansive 16'x24' rear deck, basking in the warmth of all-day South-facing sun. The main level boasts three generous bedrooms, each adorned with closets and hardwood floors, accompanied by a 4-piece bathroom. The basement, featuring a separate side entrance, presents versatile possibilities. It could be transformed into an in-law suite or keep it as is and enjoy! The spacious family room, complemented by a gas fireplace, creates a cozy atmosphere for relaxing evenings. Two additional bedrooms and a 3-piece bathroom enhance the overall functionality of the home. Convenience extends outdoors with parking available for over 3 cars in the driveway. The vast lot offers endless potential for expansion, the addition of a workshop, a pool, or a combination of these elements. Don't miss the chance to make 5 Monk St your home – come and experience the inviting charm for yourself! (id:2493)

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New property listed in Mount Pleasant

I have listed a new property at 624 MOUNT PLEASANT Road in Mount Pleasant. See details here

Welcome to 624 Mount Pleasant Rd in the charming Mount Pleasant area. Step into this exquisite newly constructed residence, seamlessly blending modern contemporary elegance with convenient living, all nestled on a generous 0.55-acre lot. This remarkable home spans an expansive 1,914 sq/ft and features a three-car insulated garage, offering an added layer of comfort and versatility for your vehicles or workspace. As you step inside, you'll be greeted by soaring 14' ceilings that create a sense of grandeur. The family room boasts an impressive 15' tray ceiling and a sleek gas fireplace, providing the perfect ambiance for cozy evenings. Sliding doors open up to a covered back patio, making it an ideal space for hosting guests and enjoying the outdoors. The main level comprises three spacious bedrooms, two contemporary bathrooms, and a convenient main floor laundry. The generously sized master bedroom includes a walk-in closet and an ensuite bathroom, offering a private and tranquil sanctuary. The attached three-car garage features a pass-through for easy backyard access. Situated just a short 10-minute drive south of the heart of Brantford, this countryside property offers effortless access to neighbouring cities such as Woodstock, Hamilton, and Cambridge. The lot's layout allows for easy installation of a pool, and the home is efficiently heated with natural gas, resulting in cost-effective heating. Rest assured, this home will be meticulously crafted by the esteemed builders at D2 Custom Homes, ensuring top-quality construction and an unwavering commitment to detail throughout. Please note that the provided drawings are artistic interpretations of the design and may not depict exact representations. Some features may not be standard and/or may be represented symbolically, and precise grading may vary. (id:2493)

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New property listed in St. George

I have listed a new property at 205 HIGHWAY 5 West in St. George. See details here

Discover the allure of this iconic St. George estate, gracefully perched atop a hill and set back from the road, now available for lease. Offering over 3,700 + sq/ft of luxurious living space, this expansive property unfolds with 5 bedrooms, 3 bathrooms, and an abundance of captivating character. The large principal rooms, adorned with soaring ceilings, transform every gathering into a joyous occasion. Whether hosting in the grand living room, the intimate study, or the sun-soaked sunroom, there's a space in this home for everyone to find joy. The Master suite is a haven of comfort, complete with a 4-piece bathroom featuring heated floors and a glass shower, a generously sized Jacuzzi tub is an added bonus here—a perfect retreat for serene and relaxing evenings. Step outside into the expansive grounds to find a large covered seating area, ideal for al fresco moments. Just off to the side, a tempting in-ground pool beckons, promising refreshing dips during warm summer days. Parking is a breeze with the capacity to easily accommodate several vehicles. This residence effortlessly marries classic charm with modern comforts, creating an inviting atmosphere for a truly distinguished living experience. Secure your lease today and immerse yourself in the refined elegance and endless possibilities that this St. George estate has to offer. (id:2493)

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New property listed in St. George

I have listed a new property at 209 HIGHWAY 5 West in St. George. See details here

Discover the serenity of country living in this home just outside St. George, yet still within walking distance to St. George German School. Boasting a thoughtful layout, the home features 4 bedrooms, making it an ideal space for families or those in need of extra room for various purposes, such as a home office or guest accommodation. This detached residence features 1 bathroom, a spacious living area, and a kitchen with dining area and patio doors to a large private backyard. Enjoy main floor laundry convenience. There's also a full unfinished basement for ample storage. With two parking spaces, including driveway plowing and grass cutting by the landlord. Tenant responsible for utilities and walkway shovelling. It's a peaceful retreat combining the best of country and town living with added practicality. (id:2493)

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Open House. Open House on Sunday, February 4, 2024 2:00 PM - 4:00 PM

Please visit our Open House at 53 BEVERLY Street East in St. George. See details here

Open House on Sunday, February 4, 2024 2:00 PM - 4:00 PM

Experience a carefree condominium lifestyle in the heart of St. George at 21-53 Beverly St E. This fully furnished residence, spanning two levels, offers a total of 3 bedrooms and 2 bathrooms, providing a perfect blend of comfort and convenience. The main floor welcomes you with an open-concept living area, featuring a well-appointed kitchen that flows seamlessly into a spacious dining and living space. Warm up by the inviting gas fireplace or step through the sliding patio doors onto a generous back deck adorned with a charming pergola, providing the perfect setting to enjoy scenic eastern views of the lush surroundings. The master bedroom on the main floor boasts direct access to a 3-piece bathroom and a cleverly integrated laundry area, ensuring functionality is at your fingertips. The basement level extends the living space, offering a versatile recreation room, an additional bedroom, and another 3-piece bathroom, catering to your lifestyle needs. This property comes complete with an attached one-car garage, private driveway parking, elegant California shutters, and a freshly painted main floor, enhancing the overall appeal. Embrace the simplicity of condo living, where you can effortlessly lock the door and set off on your travel adventures, leaving behind the worries of traditional home maintenance. Discover the convenience and freedom that awaits you at 21-53 Beverly St E – a place to call home without the hassle. (id:2493)

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New property listed in Paris

I have listed a new property at 13 GRAND RIVER Street North in Paris. See details here

Attention entrepreneurs and investors, seize the opportunity with this 1,350 sq/ft building located in downtown Paris, offering an available commercial space for your next venture. With versatile C4 zoning, the list of approved uses is extensive, encompassing studios, offices, retail outlets, restaurants, daycares, grocery stores, and more. The 670 sq/ft commercial space boasts large street-front display windows, custom awning (which can easily be re-signed), and a newly constructed 200 sq/ft deck with direct river access, creating a captivating ambiance with the soothing sounds of the Grand River. The space is further enhanced by a restroom and a full basement, adding to its functionality. Above the store, a well-updated, tenanted 1-bedroom, 1-bathroom loft-style apartment includes laundry facilities and a private covered deck with stunning river views. Whether you aim to expand your rental portfolio or seek an affordable live/work business location, 13 Grand River St exceeds expectations. Paris's vibrant downtown core, frequented by tourists and locals year-round, offers a perfect setting for people to enjoy, relax, and spend. As a bonus, the completion of a boutique riverside development just steps away is expected to significantly boost foot traffic right past this location by year's end. (id:2493)

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New property listed in St. George

I have listed a new property at 53 BEVERLY Street East in St. George. See details here

Experience a carefree condominium lifestyle in the heart of St. George at 21-53 Beverly St E. This fully furnished residence, spanning two levels, offers a total of 3 bedrooms and 2 bathrooms, providing a perfect blend of comfort and convenience. The main floor welcomes you with an open-concept living area, featuring a well-appointed kitchen that flows seamlessly into a spacious dining and living space. Warm up by the inviting gas fireplace or step through the sliding patio doors onto a generous back deck adorned with a charming pergola, providing the perfect setting to enjoy scenic eastern views of the lush surroundings. The master bedroom on the main floor boasts direct access to a 3-piece bathroom and a cleverly integrated laundry area, ensuring functionality is at your fingertips. The basement level extends the living space, offering a versatile recreation room, an additional bedroom, and another 3-piece bathroom, catering to your lifestyle needs. This property comes complete with an attached one-car garage, private driveway parking, elegant California shutters, and a freshly painted main floor, enhancing the overall appeal. Embrace the simplicity of condo living, where you can effortlessly lock the door and set off on your travel adventures, leaving behind the worries of traditional home maintenance. Discover the convenience and freedom that awaits you at 21-53 Beverly St E – a place to call home without the hassle. (id:2493)

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Open House. Open House on Saturday, January 13, 2024 2:00 PM - 4:00 PM

Please visit our Open House at 53 BEVERLY Street East in St. George. See details here

Open House on Saturday, January 13, 2024 2:00 PM - 4:00 PM

Experience a carefree condominium lifestyle in the heart of St. George at 21-53 Beverly St E. This fully furnished residence, spanning two levels, offers a total of 3 bedrooms and 2 bathrooms, providing a perfect blend of comfort and convenience. The main floor welcomes you with an open-concept living area, featuring a well-appointed kitchen that flows seamlessly into a spacious dining and living space. Warm up by the inviting gas fireplace or step through the sliding patio doors onto a generous back deck adorned with a charming pergola, providing the perfect setting to enjoy scenic eastern views of the lush surroundings. The master bedroom on the main floor boasts direct access to a 3-piece bathroom and a cleverly integrated laundry area, ensuring functionality is at your fingertips. The basement level extends the living space, offering a versatile recreation room, an additional bedroom, and another 3-piece bathroom, catering to your lifestyle needs. This property comes complete with an attached one-car garage, private driveway parking, elegant California shutters, and a freshly painted main floor, enhancing the overall appeal. Embrace the simplicity of condo living, where you can effortlessly lock the door and set off on your travel adventures, leaving behind the worries of traditional home maintenance. Discover the convenience and freedom that awaits you at 21-53 Beverly St E – a place to call home without the hassle. (id:2493)

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Let's reflect on 2023, which is now officially in the books. The major highlights were the buzz about interest rates going up and home prices going down. Let's break it down.


Despite all the chatter about interest rates, the actual increase in the Bank of Canada's key lending rate was only 0.75%. Most of the 2.5% increase from the market's peak in 2022 took place in 2022. Interestingly, towards the end of 2023, many lenders started lowering their fixed mortgage rates. I've even heard of lenders offering sub-5% interest rates on 5-year fixed mortgages for prime borrowers.


As for home prices, they hit their highest point in February or March of 2022 and then took a noticeable dip of around 20-25%, depending on the property type and location. The news throughout 2023 made it sound like the market was still on a downward spiral. However, here in the Brantford Region, our sale prices stayed pretty stable throughout the year. In January 2023, the median was $650,000, and the average was $674,989. By December 2023, the median was $660,000, and the average rose to $755,207. It's a different story from what the headlines might suggest.

 

Observing the market daily, it's easy to notice some properties taking longer to sell, making it seem like the overall market is struggling. ⏳ The average days on the market in the Brantford Region is currently 30, which might not be the most promising trend, but it's still much lower than the pre-2021 norm. Back in 2009, when I started selling real estate, the average days on market was around 90.

One key observation from my team and me is the importance of good marketing and experience. When properties didn't sell as quickly, some complained about the costs of keeping homes on the market. In response, we doubled down on providing what we believe is the best marketing and exposure for our clients. Negotiations are back in play, and our experience has proven invaluable in helping our clients navigate the market successfully.

 

Looking ahead to 2024, I don't have a crystal ball , but I do believe it'll be a year of growth for the market after a year of uncertainty and stagnant prices. In 2023, we closed the year with homes selling for 97.8% of their asking price within 30 days, averaging $755,207 – overall, a good year. Despite the usual quiet in December, our team closed several deals, indicating strong interest from buyers and pleasantly surprised sellers.

There's talk of the Bank of Canada reducing its key interest rate in 2024, possibly starting as early as April. Economists are predicting a 0.75% decrease to 4.25% by the end of the year through three 25% reductions. This will attract more buyers to the market, although some might be tired of hearing Realtors saying “now is the right time to buy”… Still, I believe we'll look back at the beginning of 2024 and think those were pretty decent prices. As interest rates drop, more buyers, especially investors who have struggled to make numbers work on investments, will return to the market. This influx will ultimately push prices up, with estimates ranging from 5-10% by the end of the year.


Real Estate as it should be… In 2022, we established the River Realty Team with a vision to assemble a group of like-minded professionals dedicated to delivering the absolute best for our clients. Whether you're buying, selling, or leasing, we bring a wealth of experience to guide you through every step. Our commitment to pushing marketing boundaries and exploring innovative styles ensures increased visibility for your properties.

One of the things that sets us apart is our unwavering dedication to continuous improvement. Through weekly team meetings, we engage in training, meticulously dissect market data, and physically view newly available properties. This proactive approach allows us to stay sharp and knowledgeable about the current market trends, ensuring that our clients benefit from the most up-to-date insights.

By consistently challenging and educating ourselves on negotiation styles and tactics, we maintain a leadership position in the real estate industry. Our insights extend far beyond our newsletter, offering a depth of knowledge that sets us apart.

Your network seamlessly integrates with ours – if you or anyone you know is contemplating a move, let's establish a connection! Reach out today, and together, let's transform your real estate aspirations into triumphant achievements.

I can’t wait to show you some of the stuff we have in store for 2024!

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New property listed in Paris

I have listed a new property at 46 GRAND RIVER Street North in Paris. See details here

Take in the sights of downtown Paris from the balcony of this upgraded second-floor unit. With three bedrooms, two living areas, and in-unit laundry, it offers a freshly painted interior, new flooring, and modern kitchen and bathroom amenities. Enjoy vinyl floors, high ceilings, and spacious living spaces. Conveniently located near restaurants and shopping, this unit also provides easy access to walking trails and parks within a 10-minute stroll. (id:2493)

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