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September 2021 Market Report For Barrie

Once again, this month’s data showed a decline in sales year-over-year and month-over-month. However, the price of residential units sold continued to rise in both categories. This evidences that, the supply of homes still cannot keep pace with the demand right now.

Year over year we’re seeing a raise in Sale Prices of over 35% with the average sale clocking in at more than $779k. As prices rise and the theme of low inventory continues, now is the time to take advantage of the market and achieve maximum price for your property.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of October 12, 2021, data gathered by the Ontario Collective based on September 2020 vs September 2021.

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September 2021 Market Report For Our Communities

During September, we saw Fall officially begin but what did that mean for the market? Across the region we saw 154 sales logged which was down 21% on this time last year. This is no surprise since Active Listings are down around 20% continuing 2021 theme of low inventory. With less options on the market, we continue to see house prices rise as the new average house price sits at $775,386 – up around 26%.

Across our communities, we saw these trends continue. Tay’s average price rose 53% compared to last year whilst Tiny’s average price edged towards the $1m mark at $916k. With low competition, it’s still a great time to take advantage of the market and achieve maximum price for your property.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of October 8, 2021, data gathered by the Ontario Collective based on September 2020 vs September 2021.

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For Sale On Georgian Bay Supports Breast Cancer Month Awareness Again

As October nears, so again does the Canadian Cancer Society’s Breast Cancer Awareness Month. Once again, For Sale On Georgian Bay will be proudly supporting this amazing cause for the month of October. 

Last year, we raised $8,500 during October and this year, we’re looking to raise even more!

We will be turning all of our For Sale signs across the community bright pink along with all of our social platforms, so be on the look out as we help raise awareness about Breast Cancer. Special mention to North Simcoe signs in Midland who last year were incredibly kind and generous in donating 50% of the printing costs of our Pink Signs. Thank you for your help and support towards this cause. 

Did you know that the latest stats from the Canadian Cancer Society indicate that 1 in 8 women will develop Breast Cancer. Awareness and early detection is crucial, combine that with the better therapies that we have access to now, means that we’ve seen a 44% decline in the Breast Cancer death rate since 1988. Despite this, the number of Breast Cancer diagnoses is estimated to increase 25% between 2015 and 2030 and that’s why it’s so important to support Breast Cancer Awareness Month. 

We will be rolling out all of our Pink items across the month of October and making regular donations in aide of the Canadian Cancer Society so stay tuned, get involved and think PINK! 

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August 2021 Market Report For Barrie

This month’s data showed a decline in sales year-over-year and month-over-month. However, the price of residential units sold continued to rise in both categories. This evidences that, while the demand for homes is decreasing, the supply of homes still cannot keep pace with the demand right now.

Year over year we’re seeing a raise in Sale Prices of almost 30% with the average sale clocking in at more than $748k. As prices rise and the theme of low inventory conutnues, now is the time to take advantage of the market and achieve maximum price for your property.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of September 13, 2021, data gathered by the Ontario Collective based on August 2020 vs August 2021.

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August Market Report For Our Communities

We’ve celebrated Labour Day and the Kids are heading back to school, but what has the end of summer market looked like? Across the region we saw 169 sales logged which was down 17% on this time last year. This is no surprise since Active Listings are down around 30% continuing 2021 theme of low inventory. With less options on the market, we continue to see house prices rise as the new average house price sits at $802,198

Across our communities, we saw these trends continue. Midland’s average price rose 49% compared to last year whilst Tiny’s average price broke the $1m mark. With low competition, it’s still a great time to take advantage of the market and achieve maximum price for your property.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of September 7, 2021, data gathered by the Ontario Collective based on August 2020 vs August 2021.

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5 Tips For End Of Summer Energy Savings

Wow, what an amazing summer it’s been so far. Whilst we’re not ready to say goodbye to the sunshine, we are ready to say goodbye to having the AC running 24 hours a day! We’ve put together 5 easy tips for saving a little around the home before those Fall months arrive.

INSULATE WINDOW AND DOOR CRACKS.

When the temperatures start to drop, the draft will take advantage of any openings in window and door frames to steal its way into your home. A quick fix to keep the cool air out and the hot air in is adding weatherstripping tape to fill those pesky gaps. Gain extra protection from the elements by installing sweeps at the bottom of all doors and caulking around windows. Don’t forget to inspect attic and basement doors as well to see if any hot air might be escaping.

FIRE UP THE FANS.

All summer long we rely on ceiling fans to help move the air around and create a breeze in the home. Did you know that your fan can also be an effective tool in the colder months too? When it’s cooler, ceiling fans need to spin clockwise on low speed (any faster and you’ll start to feel a cool breeze). This creates an updraft that helps move warm air trapped near the ceiling back out and around the room. This is especially helpful in rooms with vaulted ceilings.

UPDATE YOUR THERMOSTATS.

As the temperature drops, don’t forget to optimize your thermostats’ scheduling function for winter. The goal is to keep your furnace from working so hard during the coldest part of the night, so try pre-warming your home before the evening cool-off. Keep comfortable while also giving your HVAC system a bit of a break between the peak hours of 2 p.m. to 6 p.m. If your thermostat doesn’t offer scheduling, make a habit of turning the dial each morning, or consider upgrading to a smart thermostat, which may increase your property value as an added bonus.

CASH IN ON TAX REBATES.

When home improvements and energy-saving habits benefit the city by easing up on power demands, sometimes the city will share the savings through rebates and incentives. Check with your city or energy provider about cash rebates for small tweaks, like installing smart thermostats, or tax credits for larger projects like modernizing insulation and adding solar panels.

CLEAN AIR CONDITIONING VENTS AND UNITS.

To keep your HVAC system running lean and mean, give the units and vents a little TLC with an annual deep clean. Hose off the outdoor elements of your system to get it free of debris, and give all interior vents a wipe down to remove any trapped lint or pet hair. Sticking to a regular schedule of switching out your filters (many HVAC manufacturers recommend monthly filter swaps) can help your furnace run as efficiently as possible. And, just like your car needs regular tune-ups, your HVAC system can benefit from a little maintenance each year before the temperature drops.

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Buyer & Seller FAQ’s

8 client questions from both sides of the transaction.

Over the last 18 months we’ve all experienced one of the hottest housing markets the real estate industry has ever seen. Demand is high, mortgage rates are low, and people are eager to get in on the action. We’ve seen a shift in recent weeks but as the summer comes to an end and the kids return to school, we expect the interest in buying or selling homes to increase again. With this, there will also be an increase in the number of questions clients are asking.

If you’re an interested buyer or seller thinking about wading into the property waters, keep reading for eight common questions clients want answers to. These eight questions are a great start to building your knowledge of the housing market, but if you want to learn more, look no further than your local experts at For Sale On Georgian Bay.  

As your trusted experts, we would love to dive deeper into these eight answers and help you discover the smoothest possible path for your next property purchase or sale. Don’t hesitate to reach out day or night via phone call, text, email, or even a social media direct message. There is nothing we would rather do than help you find the home of your dreams!


BUYER’S QUESTIONS

WHAT SHOULD I LOOK FOR DURING MY HOME SEARCH?

To put it simply, the big picture. It’s easy to fall in love with a kitchen layout or spacious closet, but it’s crucial to keep your most important priorities at the forefront of your mind. Make sure a property checks all of your budgetary, geographic, and scheduling boxes before you start thinking about paint swatches and furniture placement. And, if you could use a little help refining your priorities, we are skilled at showing you your options without squashing your dreams.

HOW LONG DOES IT TAKE TO BUY A HOME?

Unfortunately, there is no set answer to that question. On average, it usually takes around four months from the initial search to moving into your new address, but many circumstances can shrink or extend that timeline. Buying a home is a multi-step process that varies from person to person. A better way to ask that question is “How long do you have to buy a home?” If you’re in a crunch and need to buy a home in two months, you’ll likely need to limit your search. If time is on your side, you have the freedom to shop around as long as you like. 

WHEN SHOULD I START LOOKING INTO LOANS?

It’s never too early to start shopping for a mortgage. As previously mentioned, having a cash offer is likely to make the buying process move faster and provide you with a concrete price range. Searching for homes once you’ve been pre-approved for a loan will make it easier to weed out any properties outside of your budget and confidently pursue the ones that are a good fit. Don’t know where to start? We have many connections with mortgage experts in our communities!

WHAT CAN I DO TO MAKE MY OFFER STAND OUT FROM THE REST?

If you find yourself in a multiple-offer scenario, there are several things you can do to make your bid the belle of the ball, but the best way to improve your odds is by working with one of our amazing For Sale On Georgian Bay Agents. Agents are the intermediaries between buyers and sellers, and they have a fiduciary responsibility to act on behalf of their client’s best interests. In fact, some seller’s agents won’t even entertain an offer from an unrepresented buyer. Once your agent discovers the seller’s priorities — be it money, speed, or ease — they’ll be able to show you how to put your best foot (and offer) forward.


SELLER’S QUESTIONS

WHAT DO I NEED TO DO TO GET MY HOME READY FOR SELLING?

Buyers approach the process through the prism of emotion, and visualizing themselves inside the home – but many also want to make a wise financial investment that will not force them to pour additional money into repairs for years to come. With that in mind, prepare your home for selling by minimizing personal items and distractions, prioritizing any necessary repairs, deep cleaning your home and boosting your curb appeal. Most importantly, allow us to use our expertise to efficiently and effortlessly guide you through the selling process. The right listing agent can make all the difference in your experience!

WHAT CAN I EXPECT TO GET FOR MY HOME?

While there are a plethora of factors that will ultimately contribute to your home value, you can set initial expectations by researching your local housing market, noting home features and square footages. Another aspect to consider as you assess your home value is its interior – an upgraded home interior can be the key to getting top dollar for your home. Some interior upgrades are popular across the board, and they are more likely to make a splash with a variety of potential buyers. Kitchen, bathroom, and flooring renovations are some of the top projects you can take on in your home that are likely to get a strong return on investment when you decide to sell. A current, energy-efficient HVAC unit and hip living spaces converted from attics and basements are also very attractive updates in the present market. 

SHOULD I ORDER A HOME INSPECTION?

Home inspections aren’t a required step in the home selling process, but they are a great investment as you prepare to sell. In making the most important financial decision of their lives, buyers will want to judge the book beyond its cover. As a seller, an inspection can help you identify the areas that need some extra love before the home goes on the market. You do not need to focus on making repairs prior to the inspection, but use the inspection itself as a way to select and prioritize the repairs that will truly make a difference. Your For Sale On Georgian Bay Agent can offer recommendations on the most important repairs to tackle and alert potential buyers of the repairs that have been addressed along the way.

SHOULD I STAGE MY HOME OR LEAVE IT EMPTY?

Because the buyer needs to be able to picture their own everyday life within the home, staging is a great approach to ensuring they are able to do so. It may sound a bit intimidating, but do not fret. It is all a matter of depersonalizing the home by getting private items such as framed photographs, awards, toys, or other memorabilia out of sight. (Keep a couple of favorites on hand to give the space that warm feeling!) In addition, consider giving your outdoor space a facelift by mowing the lawn, putting a bit of elbow grease into landscaping, and stashing away garden decorations such as gnomes. Indoors, focus your efforts on removing visible scuffs and holes, and direct your attention to the three most important rooms in the home: the living room, main suite, and kitchen. If staging your home feels too intimidating, ask your For Sale On Georgian Bay Agent about our Virtual Staging options. 

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July Market Report For Barrie

Compared to last July, we saw a huge 36% increase in sale prices across Barrie. Records were shattered again as we the pass the $700k average sold price in Barrie for 4 months in a row with July clocking an impressive $732k average.

We’ve seen a shift in the market during July. For the second month in a row, year over year, we saw a decrease in the volume of sales across the city, a 32% decrease in July. Active listings continue the with the theme of being down. With low competition, now is the time to take advantage of the market and achieve maximum price for your property.

All data correct as of August 10, 2021, data gathered by the Ontario Collective based on July 2020 vs July 2021.

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July Market Report For Our Communities

Life has gone back to normal a little over the last month, pair that with the beautiful summer we’re having and we’ve seen a small shift in the market. Compared with last July, the number of sales across our community dropped by 23%. In Midland we did see a rise of 27% of New Listings hitting the market throughout July. Less sales and more listings haven’t slowed the high prices that we’ve been seeing over the last year – across our communities we’ve seen a 35% increase with an average price of $668,438.

Although we started to see restrictions and lockdowns lifted across Midland, Penetanguishene, Tiny and Tay, we saw the trend of low inventory continue. Active listings are down over 37% compared to 2020. With low competition, it’s still a great time to take advantage of the market and achieve maximum price for your property.

Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.

All data correct as of August 10, 2021, data gathered by the Ontario Collective based on July 2020 vs July 2021.

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10 Ways You Can Cool Off In Your Backyard

We’re a few months into some glorious summer weather and it’s hard to keep coming up with ways to keep yourself and the kids cool. We’ve compiled 10 different ways that you can cool off in the backyard! Get ready to make some family memories this August! 

Sprinkler
Tried-and-true for a reason, there’s no quicker way to beat the heat than switching on this summertime staple. Link up several to make an obstacle course.

Squirt Guns
Stash a cache of squirt guns around the yard to ensure surprise water attacks all summer long.

Water Balloons 
Sibling versus sibling? Kids versus parents? Friends versus friends (or foes!)? No matter the matchup in water balloon warfare, the end result is everyone gets soaked!

Above-Ground Pool
From kiddie pools to stock tanks to larger versions with filters, above ground pools create a backyard oasis with minimal commitment.

In-Ground Pool
Yearning for total privacy? Might be time to take the big dip of installing an in-ground pool.

Slip N Slide
Old school meets new cool. Stick with the original, or try revamped styles with fresh prints, inflatable walls and multiple racing lanes.

Massive Rental Slide
Transform your backyard into a waterpark for a day by splashing out on a giant inflatable water slide. (Call your local bounce house rental company.)

Baby Splash Pads
Let the littlest of littles cool down safely with a squishy pad that hooks up to a hose and releases a gentle spray of water to play in.

Backyard Dunk Tank
Take turns being the dunker and the dunked to ensure everyone gets a chance to get wet and get revenge.

Sprinkler Car Wash
Hook up sprinklers to create a DIY car wash for kids to suds up their bikes, trikes and toy cars – and maybe your own ride will get clean too.

Let us know how you’re keeping cool this summer!