Port Elgin, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine
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Port Elgin and Area Real Estate News
Updates on the Port Elgin, Southampton (Saugeen Shores), Paisley, Tiverton, & Kincardine real estate market, home buyer & seller tips and general real estate advice.
Getting to know the people living around you offers plenty of benefits!
Research shows that there are many physical and mental health benefits to enjoying a sense of belonging. Here are a few ideas to help you build community spirit:
- Rags to Riches – Organize a garage sale or clothing swap in your ‘hood. It’s also a great way to get rid of clutter!
- Clean Green – Coordinate a park clean-up and then enjoy drinks and snacks that will hopefully be donated by a local business.
- Book Smart – Build a “Little Library” at your local park or on your front lawn and enjoy watching people gather to exchange books.
Getting to know people who live close by will really improve your quality of life and foster a sense of belonging. Social media can also help build a safe, connected, friendly place to live by providing a platform to share events and ideas.
Creating good feng shui around your home is easier than you think!
Feng shui is an ancient Chinese practice that helps achieve a harmonious living environment in order to promote happiness and prosperity. Here are a few ideas to enhance the energy flow around your home:
- Think Outside the Nest – Birds bring great energy so add a few feeders and a bird bath in your backyard.
- The Right Path – Place a few plants and wind chimes on your porch and make sure the path to your front door is unobstructed.
- Fire & Ice – Essential oils, crystals, candles and water features such as fountains and fish bowls will bring calm and balance into your home.
- Mirror, Mirror – The strategic placement of mirrors helps improve feng shui by drawing more sunlight into otherwise murky rooms and by expanding narrow areas such as hallways.
- De-clutter – Clearing your home of clutter will introduce a smoother flow of energy. Clutter is a sign of trapped energy so be ruthless and get rid of everything you don’t need.
Feng shui emphasizes that our physical surroundings have an impact on our emotional well-being so it’s important to be aware of how we arrange our space. Buyers often feel certain vibes when they enter a home so a “harmonious feel” could be the difference between a quick sale and one that drags on.
A fully secure home will provide you with peace of mind.
Whether you’re at home sleeping or away on vacation, it’s important to know that your home is secure. A secure home is also much more attractive to potential buyers when it comes time to sell.
Smart lighting, remote locks and wireless cameras can all make your home safer; however, the issue of cyber criminals hacking into smart home systems is a valid concern so homeowners shouldn’t forget about the basics.
Eliminate potential hiding spots by trimming down bushes that are around your windows and doors. Most thieves are opportunists who see an open door or window and decide to take a chance and see what they can make off with.
Next, install strike plates on your doors to help protect the deadbolt from crowbars or kick attacks. Thieves want to get into your home as quickly as possible so if one forceful kick doesn’t work, they’ll likely turn and run.
Windows are also popular break in points so install heavy sash or keyed locks. Installing an eyebolt in window corners also prevents the window from being opened from the outside. Glass block windows are an excellent choice as they look attractive, can’t be opened and are extremely difficult to break.
Give the impression your home is lived in while you’re away on vacation by installing a dusk-to-dawn porch light. Although technology allows you to control blinds and lights right from your smartphone, you’ll still need to find someone to rake your leaves as there isn’t an app for that yet!
When it comes to home security, paying attention to the little things can often make a huge difference so take time to “case the joint” and list all the security failures that burglars would appreciate. Potential buyers will prefer a secure home as it’s one less thing for them to worry about so you may as well do it sooner than later so that you can enjoy the benefits as well.
Grey Bruce home sales rebound to best October ever!
Residential sales activity recorded through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound edged up on a year-over-year basis in October 2017.
Home sales numbered 280 units in October, up 1.1% from October 2016. It was the best October sales figure ever in the region, marking a significant rebound from a quieter month of September.
On a year-to-date basis, home sales totaled 2,686 units over the first 10 months of the year. This trails the same period from last year by just six sales and stands well above all other years on record.
The average price of homes sold in October 2017 was $297,724, up 13.5% year-over-year. The year-to-date average price to October 2017 was $291,068, rising a similar 12.3% from the first 10 months of 2016.
New residential listings on the Association’s MLS® System numbered 337 units in October 2017. This was up 27.2% compared to October 2016.
Even so, overall supply is still at record lows. Active residential listings totaled 751 units at the end of October, down 33.5% from the same time last year. This was the lowest October level on record.
The number of months of inventory stood at 2.7 at the end of October, down from 4.1 months a year earlier and the lowest level on record for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The dollar value of all home sales in October was $83.4 million, up 14.7% on a year-over-year basis. Sales of all types of properties numbered 350 units in October 2017, down 1.1% from the previous October. The total value of all properties sold in October 2017 was $103.5 million, rising 5.4% from a year earlier.