Price Reduction – 44 Bond Street, Unit 401

Price has been Reduced on this 1+1 Condo in Downtown Oshawa !!! IMG_6566

Welcome to 44 Bond Street – Unit # 401

This Bright & Spacious 1 Bedroom + Den (2nd Bedroom) condo can be yours. Don’t mis this opportunity!  Spacious and Open Concept Kitchen overlooks the Dining Area and Living Room, great for entertaining and the Second Bedroom / Den provides plenty of live/ work options. There is a large 4 piece bathroom and ensuite laundry. Good Sized Main Bedroom + Second bedroom. Quiet North Exposure with Juliette Balcony. Broadloom & Ceramic Throughout.  Attractive Building Close to All Amenities Including Transit, Shopping, Hospital, UOIT Campuses, Restaurants & More! Ideal Condo For 1st Time Buyers, Students or Investors.

VIRTUAL TOUR

  • Underground Parking.
  • Include All Appliances
  • Electric Light Fixtures
  • Window Blinds & Coverings,
  • Exercise Room,
  • Sauna,
  • Party Room And More!

For additional Information please feel free to contact me:

SCOTT ROY Sales Representative

RE/MAX JAZZ Inc Brokerage 

21 Drew Street, Oshawa Ontario L1H 4Z7

(905) 728-1600 Office / (905) 435-7355 Direct & Text 

scott@lifeindurham.com

VIRTUAL TOUR

Open House Today @ 1113 Tall Pine Ave Oshawa. 1-4 p.m

front-1Join us today from 1 -4 p.m. at 1113 Tall Pine Ave and tour this wonderful 3 Bedroom Home in a simply fantastic home in a very family friendly neighbourhood.

1113 Tall Pine Ave in Oshawa has 3 Bedrooms + 3 Bathrooms and is just over 1500 square feet. Unspoiled Basement has a walk Out to the Backyard and a rough in for a 3 piece bathroom. backyard

Don’t Miss this Opportunity – Drop by today and took a look for yourself.

For Additional Information Please contact me directly:

SCOTT ROY Sales Representative

RE/MAX JAZZ Inc. Brokerage

21 Drew Street, Oshawa Ontario

(905) 728-1600 or (905) 435-7355

 

A to Z Costs associated with Buying a House

From deposits to moving expenses, and everything in between, buying your first home involves more than just saving for a down payment. That may be the largest cost, but there are other things.

 

 

Just a note about Home Inspections – Within Durham Region most home inspections cost roughly $400 – $425 and takes roughly 3 – 4 hours. 

If you or someone you know is considering buying a home please have them contact me and I would be happy to help with all of their real estate needs! 073860_REMAX_Number_One_3D_Chrome_RGB

SCOTT ROY 

RE/MAX JAZZ

21 Drew St. Oshawa, Ontario

(905) 728-1600 Office 

(905) 435-7355 Direct 

scott@lifeindurham.com

http://www.lifeindurham.com

Considering Moving up to a Larger Home?

End Unit Town-Home
End Unit Town-Home

vertical_balloon_logo webA few weeks ago I was speaking to some clients and customers about moving up to  larger more spacious homes. Most wanted to however there was common thread among everyone for not wanting to make the move right now and that was “it seems larger homes are increasing in value so much quicker”. This may be true but it is a bit of a misconception – it seemed larger homes were increasing quicker because that  is what they are focused on right now. Most people are only looking at the homes they would like to move up to and not the values of the homes they are in. Having uncovered this little nugget I thought it would be cool to do some research for some of those people. Most people I spoke to are currently living in smaller Townhomes so i picked a street that is made up of entirely townhomes and ran some numbers from 2010 to today. 

Here is what I found out:

Street “A” Located in North Oshawa – 3 Bedroom + 3 Bathroom Town-Homes with roughly 1500 – 1600 square feet

  • 2010 Average Sale Price $233,250  with the highest sale being $258,000
  • 2011 Average Sale Price $239,480 with the highest sale being $247,900 – Based on Average Sale price that is an increase of only 2% from 2010 to 2011 
  • 2012 Average Sale Price $264,633 with the highest sale being $274,900 – Based on Average Sale price that is an increase of 10% from 2011 to 2012
  • 2013 Average Sale Price $294,378 with the highest sale being $319,500 – Based on Average Sale price that is an increase of 11% from 2012 to 2013 

That is an amazing increase in just 4 years – I am not sure if any standard investments have performed as well and provided that much of a return. At the low end of the spectrum there is potentially $61,128.00 worth of equity in your home. Not to mention most Canadians are very responsible in paying down their mortgages which means there might be even more equity available that will allow them to move up to the larger and more spacious home or acquire a home in the neighbourhood they have always wanted to be in, the one with the mature trees lining the street with great schools and with walking distance to all amenities.

If you are interested in finding out more about the street you live on or the neighbourhood you call home, please feel free to give me a call and I can provide the same level of research that will help you with your own decisions. Deciding to buy and or sell is a huge decision and should be made when you have all of the most relevant information you can obtain. Being well informed can save you thousands of dollars!

If you or someone you know is considering buying a home or selling their own home please have them contact me I would be happy to help with all of their real estate needs! 073860_REMAX_Number_One_3D_Chrome_RGB

SCOTT ROY 

RE/MAX JAZZ

21 Drew St. Oshawa, Ontario

(905) 728-1600 Office 

(905) 435-7355 Direct 

scott@lifeindurham.com

http://www.lifeindurham.com

Great Tips that will Help You Win in Real Estate Bidding Situations

March 3rd 093

Occasionally within certain markets you will uncover a hot property, A niche neighbourhood or homes that are simply in demand and subsequently a competitive situation is upon you – Competitive bids are becoming more of a normal occurrence as opposed to the Exception – and the weakest bids won’t survive!

 

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Here are Some Good Tips and Points to Keep in Mind if you Find Yourself in a Competitive Situation: 

Don’t wait for An Open House. It’s always a good idea to see as many houses as possible on weekends––whether or not they’re invited. “With the Internet, information moves so quickly. Sellers could do a private showing Wednesday which is days before a scheduled open house. If you Like the Home and it has been presented well and looks good online, go see it. Employ the services of a good realtor who will make appointments and see as many houses possible with you.

Pick an Agent and Brokerage who’s local and well-known. That’s because 80 percent of business is done by just 20 percent of brokers. The more respected they are within the community, the better shot they have at wooing listing agents. Quite often a client will win because the listing agent knows your realtor. In a competitive situation, working with a known brokerage and with a well known agent, will make the listing agent feel better about your offer and boost your chances, especially if there are two offers and they are very close.

Get in the Listing Agent’s good Graces. Why? Because the listing agent is the only person who meets all the parties involved in a sale. The seller ultimately decides and signs a contract, the listing agent has a giant say in who gets the property in a competitive situation. If your agent can establish good rapport and make a good impression with the listing agent, your offer is in much better shape. Acting like a jerk ,or being overly aggressive to the agent tells the sellers to work with another offer. If the Listing Agent feels your agent is working hard to secure the transaction for both parties then the decision is much easier for the seller.

Know your neighbors – and what their homes are worth. Getting to know the neighborhood you’re hoping to call home one day goes far beyond scoping out local schools and seeing who prowls the streets at night. When you are ready to present or draw up on offer , you should know what is going on within the local neighborhood market. Do your research in advance – Know what has recently sold, what was in a competitive situation and what was not. Research and Knowledge are very powerful in these situations and your agent should be giving / providing you that information so you can make a well informed decision. Doing research after you move in can be a very expensive endeavour.

Hire an inspector within two days of submitting your offer. “Having a good home inspector on your side is very valuable. Don’t choose one that likes to scare everyone. Select the one that will provide you with valuable information and can guide you through the process and help you be more aware of  such how does this operate! Order the inspection before you write the offer. It doesn’t necessarily have to be two days but your offer should show the seller that you are prepared to move quickly.  Most sellers want to know what to address, what is happening and when they can start to move forward. Despite how this sounds information on both sides will help the process move forward quickly.

Sweeten your bid. More often than not, most home buyers simply can’t afford to drop $180,000 in cash on a new home. But when it comes to sweetening your bid, increasing your initial deposit or even be flexible on closing dates if you can. Sometimes even a a week two can help save the seller a great deal of aggravation when they move. One of the more obvious signs to a seller that you are serious is the initial deposit. Increase your initial deposit to show just how serious you are. If you only offer $1,000 you won’t be taken as seriously. Offer up to 3% if you can.

If you are looking for an Realtor that will provide you research knowledge and information about current real estate markets with durham Region please feel free to give me a call. I would be happy to sit down with you and get a better understanding of what you are looking for and what you would like to do. Then I can provide the appropriate research and information that will enable you to make a well informed decision.remaxnumber1

SCOTT ROY

RE/MAX JAZZ

(905) 728-1600 Office 

(905) 435-7355 Direct

Scott@lifeindurham.com

www.lifeindurham.com  

Tuesday Home Tour

Every Tuesday morning the real estate agents from RE/MAX Jazz gather to discuss and share new listings amongst all of the agents within the office. This is a great forum us to discuss new listings on the market and listings that will be hitting the market in the next few days.

Tuesday tour is a great opportunity to discuss what is happening in the local market. We discuss inventory levels and demand that not often discussed in large media forums. Far too often Big Media (TV, Radio and Newspaper) report on National averages that are not reflective of how active a market can be within a specific neighbourhood, community or region. Quite often what’s hot in Courtice and Bowmanville is not selling in Whitby or Oshawa. The are other small niche markets such as Port Perry or Brooklin that are always active and perform well above other neighbouring communities pretty much all the time.

Today’s Tour was comprised of 5 houses – 2 of which were great value:

fieldgate11.) 1552 Fiedlgate Drive – 3 Bedroom 2 Bathroom Semi Detached home in North Oshawa. Has a private drive and 1 car garage and backing onto open space – This is a well cared for home! Listed at $239,900.

 

beaverbrook2.) 1410 Beaverbrook Court – Bedroom + 3 Bathrooms Semi Detached home in Oshawa near Phillip Murray and and Park Road. This home shows well and has great curb appeal – $listed at $205,000.

There was also a beautiful home in North Oshawa for the growing family!

1333 Wallig Ave North Oshawa – 3200Sq Ft.,  GREAT FAMILY HOME !! this is the Crystal Model with Dark Hardwood Throughout with 2 main floor stair cases  – 4 Bedrooms + 5 Bathrooms. Partially Finished Basement with Walkout Basement .

wallig

For Additional Information on any of these homes or to book your own personal showing please contact me directly:

SCOTT ROY

RE/MAX JAZZ

21 Drew Street, Oshawa, Ontario

(905) 728-1600 office

(905) 435-7355 direct

scott@lifeindurham.com