Winnipeg Real Estate - MLS Listings from the Winnipeg Real Estate areas
Ask me a real estate question at: RandyLeopold@gmail.com
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Address: 1026 Dorchester Ave. Winnipeg
MLS Listing Price: $314,900 MLS Listing
This House Has It All.
Address: 1017 Warsaw Ave, Winnipeg
MLS Listing Price: $139,900 MLS Listing
Recently Sold $176,000!!! (Setting Records)
Address: Ft. Rouge area of Winnipeg
MLS Listing Price: $159,900
18 Year old Bungalow
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Address: 1037 Rosemount Ave. Winnipeg
MLS Listing Price: $119,900 MLS Listing
Perfect Starter +Nice yard, Garage and Deck
838 Hector Ave, Winnipeg MLS Listing
MLS Listing Price: $149,900
Recently Sold $185,000!!! (Setting Records)
Address: St. Boniface, Winnipeg
MLS Listing Price: $209,900
4 Plex ($2100 in Revenue!) |
Address: 93 Cullen Dr. Winnipeg
MLS Listing Price: $179,900
Recently Sold 205,500. |
Address: East Wolseley Duplex
MLS Listing Price: $159,900
Duplex in East Wolseley |
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Address: Tuxedo Area of Winnipeg
MLS Listing Price: $199,900
3 bedroom, 2 bath Character Home
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Address: 167 Morley (view satelite image)
MLS Listing Price: $94,400
Completely Renovated (MLS Listing)
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-Winnipeg Real Estate Board Member
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-Buying and selling real estate, houses, condos, commercial or investment properties and revenue properties
-Open Houses and MLS Listings
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*A Winnipeg Real Estate Professional.
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Did you know that a Realtor has access to all the addresses and full details of real estate properties for sale in Winnipeg that the public MLS.ca site does not? Simply write me an e-mail with any real estate criteria. Whether it's a single property or an entire real estate area of Winnipeg you want MLS listings from! I'll send "Full" detailed MLS Listings back to you as soon as I receive it. A.K.A The actual listing, you'll like it. Email me at:
randyleopold@gmail.com
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This Month's Winnipeg Real Estate News Article:
April 18th
Price of new homes has eased in Winnipeg
The increase in new housing prices in Canada slowed in February, following two consecutive months in which the rate of growth was gaining speed, according to a recent report from Statistics Canada. The deceleration continued the downward trend that started in September 2006. Nationally, contractors' selling prices rose 6.2 per cent between February 2007 and February 2008, a slower pace than the year-over-year increase of 6.5 per cent in January. The trend was evident in Winnipeg where the price of a new home only rose 0.1 per cent from January to February, which is well below the seven per cent increase in neighbouring Regina and Sasktoon’s 4.3 per cent, and lower than the national rate of 0.3 per cent. But, Winnipeg new home prices did rise 14.5 per cent from February 2007 to February 2008. Yet, the increase pales when compared to major centres in next-door Saskatchewan. Nationally, prices rose 0.3 per cent between January and February, resulting in a New Housing Price Index of 158.1 (1997=100). The NHPI for Winnipeg was 172.6 in February. Regionally, prices again rose at the fastest pace in Saskatoon, which led the nation with an annual price increase of 58.3 per cent, the fastest increase on record for this city. Housing prices rose 4.3 per cent in February compared with a month earlier. In Regina, the year-over-year increase was 28.6 per cent, up from the annual growth rate of 25.9 per cent recorded in January. Regina's new housing prices jumped seven per cent between January and February. Many builders reported higher prices as a result of increased material costs and a labour shortage that has resulted in higher labour rates. The markets in both Saskatoon and Regina continue to be strong. Demand for new housing is high in Saskatchewan due to a strong natural resource sector and aggressive efforts to attract migrants to alleviate the labour shortage in the province. In Edmonton, the 12-month growth rate slowed in February to 14.8 per cent, the seventh month in a row in which the pace of growth has decelerated. In Calgary, prices rose 5.2 per cent between February 2007 and February 2008, slightly slower than the 5.6 per cent year-over-year increase in the previous month. Edmonton and Calgary are experiencing slower market conditions. With some migrants leaving the province, there are many resale houses on the market, making for slower new housing sales. This has resulted in both cities showing price declines on a monthly basis. In Edmonton, prices were down 0.9 per cent from January, and in Calgary, they were down 0.3 per cent.
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Rising housing values and lack of inventory challenge first-time buyers, says RE/MAX
“Homeownership continues to be primary objective”
While higher housing values and tight inventory levels have hampered home-buying activity so far this year, longer
amortization periods and alternative housing types have offset the impact on most major markets across the
country, according to a report released today by RE/MAX.
Despite a higher degree of frustration in the marketplace than in previous years, the RE/MAX Affordability Report
found that first-time buyers, in particular, remain steadfast in their determination to purchase a home. In fact, entrylevel
purchasers are adjusting their expectations by sacrificing size, location, and even long-term financial freedom,
to overcome challenges such as rising prices and serious supply issues. Innovative financing has become key to
homeownership in today’s environment – with longer amortization periods gaining favour in 62 per cent of the
major centres surveyed. Low or no down payments were popular with first-time buyers in 38 per cent of markets.
First-time purchasers continue to play a pivotal role at both a local and national level. The impact they have on the
housing market is significant, as they are the impetus for sales in the mid-to-upper price ranges. As long as this
segment of the market remains healthy, the real estate outlook will continue to be favourable.
Inventory levels, however, remain one of the foremost concerns facing purchasers across the country. A shortage
of available entry-level product was identified as a major obstacle impeding buyer intentions in three-quarters of
markets surveyed in the report, including St. John’s, Moncton, Fredericton, Halifax-Dartmouth, Ottawa, Greater
Toronto Area, Hamilton-Burlington, Niagara Falls, Winnipeg, Regina, Saskatoon, Greater Vancouver, Victoria and
Kelowna.
Doom and gloom reports coming from south of the border have yet to hinder overall momentum. First-time buyers
are still leading the charge, taking advantage of every resource available to achieve homeownership. They’re
determined to get into the market sooner rather than later. If suburban locations, smaller condominiums and town
homes, or a little sweat equity is what it takes to get into the market, these purchasers are game.
Although average price is the barometer for housing values in most major centres, first-time buyers looking to
achieve homeownership consider starting prices a more meaningful gauge of affordability. Starting prices can be
substantially lower than the market average. For example, average price has surpassed the $600,000 benchmark
in Greater Vancouver, while the starting price for a detached home can hover as low as $237,500 in the peripheral
areas.
The best value for the dollar continues to be found in the suburbs. For those unwilling to sacrifice on location,
small condominium units in new developments and condominium conversions of rental buildings offer up the next
best alternative. Condominium conversions in some of the country’s major centres can be picked up as low as
$150,000 to $175,000.
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