Tuesday, July 23, 2013

75 White Glen Road, North Gimli Estates.

This vacant lot is approximately an hour drive from the north Winnipeg perimeter and only ten minutes past the town of Gimli, Manitoba.  Being close to the west shoreline of Lake Winnipeg and the interlake region provides residents and cottage owners a wide range of four season activities, and yet, close to many amenities including the City of Winnipeg.  There is paved highways leading up to Glen Bay Road where North Gimli Estates is situated off of,

The vacant lot is heavily treed and will allow for a private setting if you desire once you build your dream home or cottage property.  There are no time restrictions to build, however once commence construction the exterior must be completed within twelve months of your construction start date.  There is a minimum size restriction and any dwelling must be at least a thousand square feet or larger.  Mobile homes and trailers are not permitted to be used as dwellings in this subdivision.  GST is also applicable when purchasing this property.

For more information on this land parcel, or other vacant lots then please call Rolf Hitzer at Royal Lepage Top Producers, 204-989-6900.  Email contact is hitzer@aol.com




Sunday, July 21, 2013

30094 11 Road E, Aubigny, Manitoba.

Only thirty minutes from Winnipeg makes this property an ideal location from the city.  The forty acre parcel is found just outside the town of, Aubigny, Manitoba, in the heart of agriculture and western prairie.  Nearby is also the town of, Morris, Manitoba offering additional amenities.

This property with forty acres would make an ideal hobby farm given the close proximity to the city.  The current owner ran and maintained a hog farm many years ago.  Perhaps a free range farm or an organic farm would be an opportunity with this property?  This country plot has a pond and several outbuildings.  The metal barn could still be used for livestock. 





For more information, or directions to this forty acre farm parcel then please call Rolf Hitzer at Royal Lepage Top Producers at 204-989-6900, or email me at hitzer@aol.com.    

Friday, July 19, 2013

Winnipeg Real Estate Market Forecast 2013 - Part 2.

Six months ago I had penned my opinion on the Winnipeg real estate market for 2013.  This had been based on current subtle market trends from the Winnipeg Multiple Listing Service information.  You can read this article from the following link, http://hitzerblog.blogspot.ca/2013/01/winnipeg-real-estate-market-forecast.html.  Well here we are mid year and I felt compelled to write a follow-up article on our 2013 Winnipeg real estate market since January's story.

To June 30, 2013, there have been 6,431 properties that have sold.  This compares to 6,921 for the same six month period in 2012.  This is a decline of seven percent.  New listing inventory has reached 10,677 to June 30, 2013, compared to 10,337 to the end of June, 2012.  This is a rise of three percent year to year.  The sales to listing ratio, homes that have sold versus the amount of homes that had entered the real estate market, is sixty percent year-to-date.  The change from 2013 to 2012 is a decline of ten percent.  as predicted, the Winnipeg real estate market in 2013 continues to have a slight increase in listing inventory and decrease in buyer activity.

What does this information really mean for the Winnipeg real estate market?  What impact will this have on a homeowner and their property equity?  What significance will this have on today's homebuyer?  Should this real estate market trend continue the way it has now for almost twenty-four months; how will this influence the Winnipeg real estate market in 2014?  Are we at the doorstep of a housing bubble in Winnipeg where it has happened in other major Canadian cities?  How could this possibly happen when interest rates remain at historical lows coupled with our confident local economy?  If you are plan on selling a home, what should you do?  If you are planning on buying a house, what should you do?  Is real estate property in Winnipeg still a safe investment?

There are certainly many questions to consider concerning the Winnipeg real estate market.  To be frank, I wish I could foretell the future and provide you with the answers to the real estate information you seek.  Instead, I will offer my opinion on what I do know about our Winnipeg real estate market in 2013 and what your best strategy should be if you plan on selling, buying, or investing in our local real estate market.

We can all agree the Winnipeg real estate market is always on the move, and because of this fact, we can always be assured our Winnipeg real estate market continues to change.  We now know four out of ten properties do not sell when a homeowner decides to sell their home.  On average, a home on the Winnipeg real estate market listed for sale with a real estate agent will take twenty-two days to sell.  If you have a valid reason to sell your property in Winnipeg you do not want to be one of the four out of ten homes that does not sell.  How can you change your circumstance when selling your home?

Most people believe they are an expert in real estate even though they may be a plumber, doctor, police officer, homemaker, I can go on and on.  I'll break it to you gently, you are not a real estate expert.   In fact, far from it.  When working with a real estate agent that prides themselves in market knowledge, ethical and honest conduct, proven marketing strategies, effective communication and genuine care about your real estate investment, then and only then are you working with a real estate expert.  There is so much more to a lawn sign and several real estate advertisements.  listen to a real estate expert because they work hard to serve your best interest while protecting you at the same time.

I continue to remain confident about our Winnipeg real estate market in 2013 even though our real estate market changes and evolves continuously.  What hasn't changed is when you hire a real estate expert.  He or she will provide you with market facts to help you make sound, logical and proper financial decisions on your real estate investment and your desire to move forward with your lifestyle decisions.

If you enjoy this article please follow my blog, or my Facebook business page, Rolf Hitzer Real Estate.  Your comments are welcome.  I can also be reached at 1-204-960-2159, or email me at hitzer@aol.com