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Open House. Open House on Sunday, February 18, 2024 1:00PM - 3:00PM
St. Vital River Front
Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! Conveniently located right on Dunkirk proximity to St. Vital Center, Groceries, Norberry C

Please visit our Open House at 256 Dunkirk DR in Winnipeg. See details here

Open House on Sunday, February 18, 2024 1:00PM - 3:00PM St. Vital River Front Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! Conveniently located right on Dunkirk proximity to St. Vital Center, Groceries, Norberry Community Centre &, 3 levels of school. This 2500 sq' 3 bed/3 bath

Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! Conveniently located right on Dunkirk w/proximity to St. Vital Center, Groceries, Norberry Community Centre, 3 levels of school & worship. This 2500 sq' two-storey boasts 3 ample bedrooms, main floor laundry, 3 full baths, & an attached dble garage w/outside parking for an additional 2 vehicles. The formal sitting room at the front of the dwelling adjoins the formal dining room for a seamless transition from cocktails to dining. Family room, adjacent to the open eat-in kitchen has skylights & cathedral ceilings. Large windows feel like the outside has moved in. The large deck, accessible via the kitchen makes dining "al fresco" a breeze in the summer. Moving upstairs you'll discover 2 bedrooms, flex space, and another full bath. one of the bedrooms has a fabulous balcony from which you can enjoy sunsets across the river. The 3rd full bath is located in the basement which is otherwise pristine & awaits your finishing touches

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New property listed in St Laurent, R19

I have listed a new property at 51 Rose LANE in St Laurent. See details here

Just like new! Gutted to the studs last year. Totally remodeled. 22x22 garage with 220v wiring & an electrified shed. West-facing 12' x 28' front deck for afternoon cocktails & BBQs w/the family. 10' x 27' w/a door off the primary bedroom, you can enjoy the sun & a cuppa in the morning, while letting the dogs out and gazing upon the back garden. The well has a brand-new pump, water softener & reverse osmosis system. No stinky water here. Drink straight from the tap. It tastes better than in town. Very ample sitting room with NEW wood burning stove. Professionally installed & totally WETT certified. The sweetest fully insulated, heated & pollied crawl space you've ever seen. If you find yourself in the dog house... you could move in there & be alright. Year-round neighbours so the snow is cleared very quickly. Ideal for young professionals, retired couples, or Air BNB. Fantastic neighbours, just two minutes walk from the beach. Giddy-up!

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Are Home prices going to Drop in Winnipeg in 2024

Are Winnipeg home prices going to drop in 2024?

Remax Canada projects that in 2024 the average sale price for homes in Winnipeg is expected to remain constant. That means entry level home prices between $350K - $500K

The Remax Canada 2024 Winnipeg Housing Market Outlook explains that Winnipeg market is expected to remain balanced throughout the year. 

Here’s that they said:

The average sale price in the Winnipeg housing market has decreased by four per cent between 2022 and 2023 (from $419,596 in 2022 to $402,956 in 2023), while the number of sales has decreased by 14 per cent (from 6,979 in 2022 to 6,002 in 2023). The region is currently a balanced market, a condition that is anticipated to remain the same in 2024. Average residential sale price is expected to remain unchanged 2024, meanwhile consumer confidence is expected to increase throughout the course of the year, as such, the number of sales is anticipated to increase by three per cent.


Winnipeg price trends between 2022-2024

So if you are thinking about purchasing a home. The best time is always yesterday.

Need information on downpayments? See my article in everything you need to know about downpayment’s here.

Looking to buy a home? Call John Frank at (204) 330-0676 or email john@johnfrank.ca.

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Open House. Open House on Sunday, January 28, 2024 2:00PM - 4:00PM
River Front Gem
Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront!  located right on Dunkirk w/proximity to St. Vital Center, Groceries, Norberry Community Centre,

Please visit our Open House at 256 Dunkirk DR in Winnipeg. See details here

Open House on Sunday, January 28, 2024 2:00PM - 4:00PM River Front Gem Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! located right on Dunkirk w/proximity to St. Vital Center, Groceries, Norberry Community Centre, 3 levels of school & worship. 2500 sq' 3 bed/2.5 baths

Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! Conveniently located right on Dunkirk w/proximity to St. Vital Center, Groceries, Norberry Community Centre, 3 levels of school & worship. This 2500 sq' two-storey boasts 3 ample bedrooms, main floor laundry, 3 full baths, & an attached dble garage w/outside parking for an additional 2 vehicles. The formal sitting room at the front of the dwelling adjoins the formal dining room for a seamless transition from cocktails to dining. Family room, adjacent to the open eat-in kitchen has skylights & cathedral ceilings. Large windows feel like the outside has moved in. The large deck, accessible via the kitchen makes dining "al fresco" a breeze in the summer. Moving upstairs you'll discover 2 bedrooms, flex space, and another full bath. one of the bedrooms has a fabulous balcony from which you can enjoy sunsets across the river. The 3rd full bath is located in the basement which is otherwise pristine & awaits your finishing touches

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New property listed in North End, 4C

I have listed a new property at 400 Charles ST in Winnipeg. See details here

Opportunity property! Big House 1700 sq', 40's built w/In-law suite on the 2nd floor. Get this; 2 living rooms, 2 kitchens & 2 bathrooms. Huge corner lot, Zoned R2 with a triple car garage! The sunroom would double as a home office should you happen to work from home. This is the ideal place if you need to keep an eye on yer Granny, live with an evil stepmother, have an adult child on a never-ending educational journey, or looking for that sweet extra passive income from renting a suite in your own home [or rent out both; up & down]. The possibilities are endless. Proximity to Primary, Middle & High Schools, St. John's Park, cross-town transit, worship restaurants, specialty shops & shopping all within a handful of blocks. The neighbourhood is long established, culturally diverse, and has all the amenities one would expect with low property taxes. Did I mention the fully fenced backyard?!... Giddy-up!

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New property listed in Norberry, 2C

I have listed a new property at 256 Dunkirk DR in Winnipeg. See details here

Fabulous River Front in St. Vital. Rare, Scarce & Precious waterfront! Conveniently located right on Dunkirk w/proximity to St. Vital Center, Groceries, Norberry Community Centre, 3 levels of school & worship. This 2500 sq' two-storey boasts 3 ample bedrooms, main floor laundry, 3 full baths, & an attached dble garage w/outside parking for an additional 2 vehicles. The formal sitting room at the front of the dwelling adjoins the formal dining room for a seamless transition from cocktails to dining. Family room, adjacent to the open eat-in kitchen has skylights & cathedral ceilings. Large windows feel like the outside has moved in. The large deck, accessible via the kitchen makes dining "al fresco" a breeze in the summer. Moving upstairs you'll discover 2 bedrooms, flex space, and another full bath. one of the bedrooms has a fabulous balcony from which you can enjoy sunsets across the river. The 3rd full bath is located in the basement which is otherwise pristine & awaits your finishing touches

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How Much for a Down Payment in Winnipeg




Looking to buy a home?

Here’s what you should know about down payments in Winnipeg.



So you are gearing up to get a shiny new home. Congratulations! You earned it. 

You must be thinking, “How much is the minimum downpayment?”. And "How much should I pay".

So let’s talk about it. 


Minimum Down Payment 

The national standard in Canada is 5% for a home costing 500,000 or less. If the house costs more than 500,000 then the minimum would be 5% for the initial 500,000 and 10% for the additional price up to $999,999. 

Your lender may ask you to pay a higher downpayment if you are self-employed or your credit history isn’t so great.

Having the minimum downpayment is great but how much should you pay?


The Ideal Down Payment 

The easy answer is, as much as you can. 

People traditionally go for 20%. 20% down payment is good because it allows you to avoid loan insurance. Plus increasing your down payment reduces the total cost of your mortgage.  

Finding the right downpayment isn’t always easy. It requires you to find that sweet spot between cost and benefit. 

It’s always best to talk to an experienced Realtor or Mortgage Provider.


-- 

Looking to get into real estate? Need additional info on down payments?

Call John Frank at (204) 330-0676 or email john@johnfrank.ca

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I have sold a property at 287 Redwood AVE in Winnipeg

I have sold a property at 287 Redwood AVE in Winnipeg on Dec 15, 2023. See details here

Calling all investors. Super Cash Cow. Zoned R2 but is a licensed 4-plex. There are 2x2 bedroom suites & 2x 1 bedroom suites. Every unit has a kitchen and bathroom. The property is presently vacant & water is turned off. Three of the four suites have their own electrical meter and laundry is available in the basement. Many newer windows and pex-plumbing. Great proximity to public transit, grocery shopping, parks & schools. Property is sold where is, as is. Don't wait book your showing today!

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New property listed in 4A

I have listed a new property at 287 Redwood AVE in Winnipeg. See details here

Calling all investors. Super Cash Cow. Zoned R2 but is a licensed 4-plex. There are 2x2 bedroom suites & 2x 1 bedroom suites. Every unit has a kitchen and bathroom. The property is presently vacant & water is turned off. Three of the four suites have their own electrical meter and laundry is available in the basement. Many newer windows and pex-plumbing. Great proximity to public transit, grocery shopping, parks & schools. Property is sold where is, as is. Don't wait book your showing today!

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New property listed in North End, 4A

I have listed a new property at 281 Salter ST in Winnipeg. See details here

Less than lot value. Opportunity Property. 31' frontage. Zoned R2. Proximity to worship, 3 levels of schools, cross-town transit, and shopping. High-demand rental area. The property is fenced. Sold in "as is" condition. The site held a former Tri-Plex. The city supports another.

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