Interest Rate Holds Steady At 5%
A few days ago, the Bank of Canada decided to hold interest rates steady at 5%. Now a lot of people were hoping for a decrease, but I'm here to tell you that a hold is in everyone's best "interest" right now!
A Very Happy Story
When the family is bouncing (literally) with excitement when we walk up to take this pic, it just makes my whole heart happy.
The whole story of this journey from beginning to end is amazing, and the beginning was in the middle of COVID when I first "met" this buyer in the Facebook world living on the other side of the city. They then moved into a new rental property in my neighbourhood and our kids ended up in the same class. They had started throwing around the idea of buying when their landlord let them know they needed to move because the landlord wanted to sell. A simple exploration conversation turned into a pre-approval, a showing, and a purchase all within a few days.
The part that makes my heart happiest about this one is what this home means for this family. Owning a home and knowing that someone else doesn't control when you may have to leave means stability, kids staying in the same school, painting and making it your own, and of course, it means owning your own home!
Congratulations. The joy I saw on your faces and that huge excitement you were trying to hold in makes me so incredibly happy.
Santa Photos Sold Out
Oh dear, it looks like some of you didn’t check your lists twice fast enough this year! Our Santa photos have officially SOLD OUT early! A huge THANK YOU to everyone who embraced the holiday spirit with us.
Missed out? Don’t let the sleigh bells stop ringing! You can visit our MiniPreneur Market and support the vendors as they share their creations with us on November 12th at the Mustangs Football Club from 10:00-2:00.
Ever Heard Of Knob And Tube Wiring?
Ever heard of Knob and Tube Wiring and felt a jolt of panic? No need to fret! Let’s demystify this old-school wiring technique, and why it doesn’t have to be a scary thing!
**What is it?** Knob and Tube Wiring (K&T) is one of the earliest systems of electrical wiring in buildings, prevalent from the 1880s to the 1950s. It involves insulated copper conductors passing through joists and walls, supported by porcelain insulating tubes (knobs).
**Safety First!** While K&T is outdated, it’s not inherently dangerous. Problems generally occur due to age, improper modifications, or degradation of insulation. Combine that with our newer technology and higher-powered gadgets - this is the part where insurance companies get uptight.
**Modernization:** One challenge of K&T is its compatibility with modern, higher-demand appliances. This is where the removal comes into play. Quotes can vary depending on the style of the home (bungalow or 2-story) and how much of it there is.
**Insurance:** Most insurance providers will require you to change out the wiring within a certain number of days of possession of your home if you have recently purchased it.
Online Auction For Shelter
Ready for some online auction fun!! We have gathered amazing prizes for you to bid on with all the proceeds going to the Shelter Foundation! From Jets tickets to an ice cream machine, fitness packages and more!
Check out the link: https://www.32auctions.com/ecuadortrek
Great Pumpkin Carving Contest
The rules:
Carve your pumpkin, no stencils
One entry per person
Submit a carving of your pumpkin to KaitlynC@Royallepage.ca
Entry must include Name, Age, Address, Email, Phone number,
Must be a resident of Manitoba
Winners will be announced by November 12th, 2023
Independent judges will determine the winners
First Prize $150
2nd Place $100
3rd Place $50
Your Guide To Visiting Open Houses
Your Ultimate 5-Step Guide to Visiting Open Houses in Winnipeg, Manitoba!
1. *Research Neighbourhoods:* Dive into the diverse communities of Winnipeg. From the enchanting realms of St. Boniface to the lively paths of Osborne Village, find a neighbourhood that resonates with your heart.
2. *Plan Your Route:* Optimize your open house visits! Map out a route that allows you to explore homes efficiently, making sure each one aligns with your wishlist.
3. *Dress Appropriately:* Make sure your shoes are easy on, and easy off.
4. *Prepare Questions:* Equip yourself with insightful questions. Engage with the listing agents to uncover valuable information about the property and the surrounding area.
5. *Evaluate and Reflect:* After each visit, take a moment to jot down your thoughts and impressions. This will help in making an informed decision when choosing your dream home.
Embark on your extraordinary house-hunting adventure in Winnipeg!
What Will Happen With Interest Rates?
On the 25th the Bank of Canada will announce what it will do with the rates, and there are 3 options...
Raise them
Bring them down
Hold where they are
If they feel that the economy needs to slow down more, and inflation is still rising they could raise the rates to try to slow it down. If they feel we have slowed down enough they may bring the rates down to help stimulate things again. Or if they feel that neither of those is an option, and we are doing just fine where we are they will hold it and wait till the next rate announcement to make any changes.
I want to hear your guess, comment below Up, Down or Hold, and see what you think is going to happen.
Join Us In Welcoming Melissa To The Team!
We are absolutely thrilled to welcome our newest team member, Melissa Kazuk! Melissa has joined us as a Transaction Coordinator, a role incredibly crucial to our success. With her meticulous attention to detail and dedication, she ensures that all systems run perfectly, making the home buying and selling process seamless for our clients.
Melissa’s unwavering commitment and expertise are already making a significant impact on our team’s operations, and we couldn’t be happier to have her on board! Join us in welcoming Melissa to the team!
Welcome Sabrina!
Let's give a warm welcome to our newest team member, Realtor Sabrina!
From the moment I spoke with Sabrina I knew she was the perfect addition to our real estate family. Her positive attitude and unwavering dedication to her clients are truly remarkable. Sabrina's commitment to going above and beyond is evident, and we're excited to have her on board!
With an impressive 8 years of experience under her belt, Sabrina is here to elevate our client service to new heights.
Stay tuned for exciting listings and incredible opportunities with Sabrina on our team.
Don’t Be Afraid To Buy Older Homes
Many people think that newer homes are the way to go, but I love older homes. The craftsmanship in them, the quality of the wood, and the fact that over 100 years later they are still straight and solid says so much. When you want to buy a home, don't be afraid of old, because old has stood the test of time and is still here for you to love.
Introducing The Team!
Introducing the team, with the new addition of Sabrina and Melissa I am so thrilled as we prep for 2024 (yes... my head is already in 2024). With this group of 5, we promise to bring you the best, innovate, and be on top of all the newest trends and technology while we help you sell and buy in Winnipeg.
Mini Market For Creative Kiddos!
We have a few days left to get a few more kiddos as vendors for this event! We have a location now at Mustangs Hall in Maple Grove. November 12th, 10:00-2:00 is the event. Let’s see how creative all the kiddos are in this area and support them in their journey to being mini entrepreneurs and making visions come to life. The deadline to apply is October 18th.
Your Monthly Market Update For The City Of Winnipeg
The Winnipeg market stats for the month of September came out last week and what did we see?
Our market seems mostly normal, or comparable to 2019, which was the last "normal" year before the pandemic. If you have any questions about what this means for you, hit me up. I'm always here to help!
WINNIPEG, October 5, 2023 – As was seen last month, average home prices in September increased over 2022 and the 5-year averages across the three main property types residential detached, condominium and residential attached. For the month of September and the first three-quarter totals, MLS® sales continue to track similarly to 2019.
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Trivia Night Fundraiser For Trek For Shelter
Woop Woop! Last fundraiser before the trek!
We are hosting the funest (is that a word?) trivia night and we NEED you to come! Tickets are only $15, you can go just you and a friend or two or get a whole table of 10!
When: October 21st
Where: St. Vital Mustangs Club
What: A night of fun and games with LOADS of amazing prizes (starting with Jets tickets as a door prize!)
Comment below for a link to the tickets!
