Planning a move in the Spring? 4 Ways to have the BEST STRATEGY!

How to make the most of “Moving in the Spring”

 

A common thought when it comes to real estate is to wait till the Spring to move. This strategy has its merits! After all, by the time the first tulips pop up, most of us are barely hanging on after the unpredictable winters of Southern Ontario!

However, this works both ways: Sellers are ready to think about getting their house ready to put up for sale, and Buyers are optimistic with good weather ahead and ready to start looking.

So how can you make the most of it?

Here are a number of things to consider:

1.     Where will you go? The search for the perfect property can often take a while. So it’s smart to start your search a couple of months BEFORE your target date.

2.     What will the market be like? Spring markets tend to be a little busier on average. But then there are other factors like interest rates and qualifiers, prices going up or down, and volume of sales. Taking a little time to consider these ahead of time can help you to form the best strategy.

3.     Mortgage Approvals – when that perfect house comes up, there are a few factors that come into play if a mortgage is involved: 1st, how much will you get for your exisiting house (if you currently own) since this determines the down payment for the next one. 2nd, has your situation changed at all since you last applied for a mortgage? 3rd, have mortgage qualifiers changed at all since you last applied? The best time to look after these matters is BEFORE you fall in love with a house you want to move into.

4.     Condition of the home you will sell. Since the price you get for your house often determines how much you can spend and what your next house will cost you, a few minor investments in your existing house could put a lot more in your pocket when you move. Paint touch-ups, finishing work, caulking, landscaping, minor repairs. Sometimes the return on investment could be 10x!

 


HOW CAN THE MONAHAN TEAM HELP?

1.     We can review with you the criteria for your next house, set up a search profile and start sending you properties to review. We currently recommend starting this process an entire 3-6 months before moving. We can even go see a couple of properties in person if it will be helpful. This will help you to know what you want, and know how much it will cost in the current market.

2.     Market reports – we are constantly poring over the numbers. We will share our findings with you so you know whether the market is trending up or down, and help you decide the ideal time for you to jump!

3.     Mortgage approval – we can help you get an approval in place so you know exactly what your costs will be. This will also help avoid unnecessary delays when it comes to making an offer on your dream house, since we will already have gathered all the necessary documents and know EXACTLY where you stand.

4.     Market Evaluation, Repairs & Staging of your existing property – We will visit your home and do a full review, helping you to determine if you should do anything to ready it for market. Tight on funds/time? No problem. We have professionals and handymen ready for all situations and can assist you in getting things just right.

 

Hopefully this information helps you to get some perspective and start to refine your plan. There are a number of things you can do now to make the most of your next move:

·      Visit our website http://ryan.brantfordRE.com and start browsing what’s out there

·      Schedule a quick call with us to discuss your plans, so we can give you some suggestions

·      Have us come visit your existing property to give you some suggestions to ensure you get the highest price in the spring!

 

Curious for a little more information about what we do?

o   Check out Photo Galleries from some of our recent listings and the care we take with our properties: https://www.facebook.com/BrantfordRyan/photos_albums

o   Some recent Virtual Tours we shot, to give an immersive initial visit and attract attention:

https://bit.ly/10Forman-Tour      https://bit.ly/773477-59-VT

o   Instagram http://www.instagram.com/realtor.monahan

 

Thanks for your time, and all the best in your plans for 2023!

Spring is FINALLY here! (Sort of)

Good morning folks! I thought I’d share how overjoyed I am to finally be outside in the garden, and things growing and green! It’s been a long winter.

Here are a few pics of what’s going on in My Backyard.

Enjoy the little update!
-Ryan

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Gooseberries

Growing strong! (Watch the thorns)

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Fixing up the grass

Hauling around top soil and seed.

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Apple trees

Leafs and soon blossoms coming out!

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Garlic coming up

One of the first signs of spring!

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the Monahan Orchard

My fruit trees and berries

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Strawberries

Coming back after a long cold winter!

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This year’s plants

Coming up in starter trays

ATTN: Investors! $269,900 4plex on edge of Brantford Downtown Core! SOLD

With rapidly increasing real estate values in Brantford and surrounding area, "good deals" are getting more and more rare... But here's one!

Great opportunity here for this 4 unit residential building. 2 - 2 bedroom units, 2 - 1 bedroom units. Individual hydro metres with tenants paying own hydro (heat). Forced air natural gas in largest unit.

With some smart investment in updates, this property will be a money-maker for years to come!

AVAILABLE TODAY @ $269,900!

Move-In Ready Home in Brantford for $665/month? Possible? SOLD

With the rapidly escalating prices in Brantford, real estate dollars don't seem to go so far... Check out this property that you could own with a payment of $665/month!

34 Brock Lane, Brantford, ON

34 Brock Lane, Brantford, ON

This cute, cozy bungalow hits the market on September 30th, with an asking price of $154,900. Featuring 3 bedrooms, tons of updates, large yard, nicely landscaped garden area with wood deck with tons of parking, you won't believe you can get so much for so little!

Check out a few photos:

You're thinking... $665/month and I can own this? With rent on a small 3 bedroom apartment in Brantford approaching $1,000-1,200... it doesn't even sound possible.

Here's how it breaks down.

$155,000 purchase price, and a down payment of $10,000 leaves you with a mortgage of $145,000. Now you will have some more expenses involved in purchasing a property so you will have to have some more savings ready for some one-time fees.

With banks like TD offering 2.39% fixed rates for a 4 year term, a mortgage payment on $145,000 is $664.74. 

Once you add $150/month in property tax, utilties and insurance, your monthly payment can still be less than you would pay for an apartment!

Property available now for viewings. Call/email/text/facebook or contact your Realtor to book an appointment!

 

iGuide Virtual Tours and Why I Use Them

We recently began having iGuide Virtual Tours shot for many of our properties. Why? These state of the art virtual tours allow the viewer to feel as if they are in the property. We feel this offers a tremendous service to our clients because it allows prospective buyers to experience the property in a very immersive fashion BEFORE they make a personal visit. This ensures that we don't waste both buyers and sellers time by having showings when the property just won't work for the buyer.

Take a look at this tour and see what you think! The experience is really cool on a mobile device or tablet... if you see the "nuclear" symbol, enlarge the window to fill your screen and then tap the symbol and look around!

https://youriguide.com/258_brant_county_hwy_5_saint_george_on

 

TOP TEN REASONS why you should check out 3125 Front Rd, Port Ryerse!

10. Its a good looking house! Completely refaced in stone.

 

 

9. Side Entrance Garage. Side entrance garages are SO classy! You can't see the garage door from the road. And not only is it side-entrance, its heated with its own natural gas ceiling-mount heater.

 

 

8. Private backyard. As if the country setting isn't enough, the back deck is perfectly positioned so that its not viewable from the road or any of the neighbours.

 

 

7. Tons of Parking. When you live in the country, beside the best perch and bass fishing going, you know you're gonna want a boat, an RV, and a couple of motorcycles and old cars to mess with. Here, there's plenty of room! (One time the current owners had a family BBQ campout, and fit 6 RVs, and a dozen cars & trucks, no sweat!)

 

 

6. AWESOME coffee/sipper spots!  This home has the perfect spots to sit & enjoy your morning coffee or sip on something nice at the end of a long day, and listen to the soothing waterfall & fountain in the decorative pond.



5. Not ONE but TWO Gas Fireplaces! No kindling needed to warm up on either level of 3125, 

 

 

4. Custom Kitchen! Hand-made by local craftsman, this maple kitchen is the perfect balance of country & classy!

 

 

3. Awesome bathrooms! Both levels of 3125 have bathrooms that feature top notch fixtures & tasteful decor.

 

 

2. LOCATION!  Not only is the home a stone's throw from Lake Erie, 2 minute drive to Port Ryerse beach and boat launch, but its only just minutes to either Port Dover & Simcoe, and not much further to Turkey Point & Long Point - both with world-class freshwater beaches!

Click to explore the area on Google Maps

Click to explore the area on Google Maps

 

1. IT'S ONE OF A KIND! When you tally reasons 2-10, you quickly realize that this property has it all! Watch the video tour on either YouTube, and then call today to book a showing!

SOLD - 201-648 Grey St. Brantford

Congrats, SOLD!

Now Available!

This two bedroom condo packs a lot of punch! 

Open concept living/dining room kitchen

 

Ensuite laundry

 

Two bedrooms

Add the fact that there is no maintenance or upkeep beyond the door to the apartment, parking included, heat, water & sewer included, and a garden view balcony, and this condo is a winner!

Listed for sale now on the Brantford MLS® and REALTOR.ca.  $119,900

 

TOP TEN REASONS YOU SHOULD CHECK OUT 168 GOVERNOR'S RD E!

10. It has an "upscale" Outhouse - with running water!

 

9. Brick ranch - probably the most popular house style in Brantford/Brant!

 

8. Cool little reading - sitting spot off kitchen, overlooking awesome yard!

 

7. Many updates, including flooring, bathroom, kitchen.

 

6. FULL WALKOUT! The lower level is fully at ground level!

 

5. IN-LAW SUITE - lower level is set up as completely independant in-law suite, featuring its own kitchen, living/dining rooms, bathroom & 2 or 3 bedrooms!

 

4. HUGE YARD! With 1.25 acres, the yard has tons of wide open space... with a cool studio cottage at the back corner!

 

3. CREEK! Running creek streams right down property boundary.

 

2. LOCATION! Just minutes to Brantford and St. George, it would be hard to ask for a better spot for anyone who wants to be rural, but close to town!

click image to open in Google Maps

AND FINALLY......

 

1. MOST GORGEOUS VIEW IN THE COUNTY! What an awesome spot to sit and sip your morning coffee.

CHECK OUT THE PROPERTY TOUR ON YOUTUBE!