Condominiums

Can Condo Sellers keep their portion of the Reserve Fund?

November 28, 2011 A Vids

Can owners keep their portion of the Condo Reserve Fund? . This question comes up every now and then. As a condo owner sells his unit, they receive a copy of their Condo Documents, which among other things, clearly shows their portion of the Reserve Fund in the condo corporation. So naturally, they sometimes ask: [...]

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Selling or buying a Condo? Here is a Guide!

October 20, 2011 A Vids

General overview to buying a condo in Winnipeg . When it comes to Condo’s, I do have a bit of knowledge in this field. In fact, nearly 1/3 of my sales come via condominiums, either in representing the buyer or the seller. The vast majority of Condo-Corporations are professionally managed: That is, a management company [...]

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October 2011 Winnipeg Real Estate Market Update

October 5, 2011 Blog

Winnipeg Real Estate Market Update . Each month we create a Real Estate Market Update for Winnipeg’s real estate market. I’ve segmented the housing market along 3 different price ranges, from ‘entry level’ homes (between $50,000 and $199,999), to ‘mid-range homes’ (between $200,000 and $399,999) and finally ’luxury homes’ (above $400,000). This real estate market update will [...]

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Buying an investment Condo? Top 4 things to look for

September 28, 2011 A Vids

Top 4 things to look for in an Investment Condo . A friend of mine called me a few weeks ago, and asked me to give him a Market Evaluation on his investment condo. Turns out he had purchased a small condo about a year ago, and had done so ‘privately’, a decision he now [...]

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What’s wrong with this Condo?

September 18, 2011 A Vids

“Everyone is selling! What’s wrong with this condo project?” . Have you ever driven by a large Condominium Project and noticed 4 or 5 “For Sale” signs out front? Did it make you wonder “There MUST be something wrong with these units? In this video, we take a look at why this may NOT [...]

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Is Winnipeg changing into a real estate Buyers Market?

July 13, 2011 Blog

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What is a great time to buy Real Estate in Winnipeg? . One of the most often-asked question by home and condo buyers is “When is the best time to buy in Winnipeg?” Similar to other things, purchasing real estate has a yearly cycle, with ‘hot spots’ as well as times of slower activity. Lets [...]

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Winnipeg Condominiums: Speak to these professionals before buying one

June 6, 2011 A Vids

Professionals to seek out before buying a Condo Buying a condo is an exciting and dizzying time, especially if it’s your first experience purchasing a home. To reduce the stress and confusion of everything that you need to think of and prepare before you buy the condo, it helps to sit down and have a [...]

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Luxury Homes in Winnipeg: 6 more things to remember when shopping for one

June 1, 2011 Blog

Luxury Homes in Winnipeg: 6 more things to remember . Previously we talked about 8 things you should consider when you are looking at luxury homes. These things include mortgage costs such as life insurance, broker’s fees, insurance, and application fees, among other things. There are 6 more things that you should keep in mind [...]

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Winnipeg Condo Market Report for May 2011

May 10, 2011 Blog

Winnipeg Condo Market Report for May 2011 . Each month, Winnipeg’s Real Estate Blog issues a Winnipeg Condo Market Report, separate and apart from our Real Estate Market Report, since condominiums form a distinct and separate part of the real estate market. In this report, we take a look at the total number of condos [...]

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Building a condo community in your downtown condo

April 18, 2011 Blog

Five ways to get to know your neighbours living in your downtown condo building . Community is essential to our way of life. A strong community means that you have a support system there when you need it and it offers a way for people to come together, share ideas and effect change. Community-building is [...]

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Buying a condo in Winnipeg: what you need to know and consider (Part 2)

February 17, 2011 A Vids

If you're considering buying a condo, you should be aware of some of the financial aspects, including condo fees, reserve funds, initial costs and more. Writer (and condo-owner) Sagan Morrow explains some of the more important financial aspects of buying a condo.

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