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Here is a useful home maintenance checklist to keep your house safe and help avoid costly repair bills down the road.
Click here
for the full story... |
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The non-profit Royal LePage Shelter Foundation focuses on enabling women and children to live safe, healthy lives, and reach their full potential unhindered by violence. Through the contributions of our agents, brokers, and staff, we raise funds to support the West Island Women's Shelter. |
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In this 2007 Year in Review, we'll look at what has happened in the local real-estate market over the past year, and let you know what you can expect to see for the first part of 2008. We've also got a useful Winter Home Maintenance & Safety checklist.
As always, feel free to pass this newsletter along to friends or colleagues you think might find the information useful and interesting. We would like to wish all our clients and friends a very healthy and happy 2008.
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West Island Market Update
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2007 was another positive year for the local real estate market. We saw healthy activity and growth throughout the West Island and the good news is that all indicators point towards another good year in 2008.
According to statistics from the Greater Montreal Real Estate Board, the average price of a single family home in the West Island increased from $346,358 in 2006 to $358,086 in 2007 for an increase of just over 3%. The number of sales was also up by almost 11% which was a good indicator that buyer activity remained strong.
As we look forward to 2008 we are expecting a slight correction in the market and a slowdown in new housing starts. We have been hearing a lot of bad news about the U.S. housing market, but most experts agree that we do not have the same precursors to a crash as was the case south of the border, namely “spectacularly irresponsible lending practices and speculative buying”. The Canadian Mortgage and Housing Corporation (CMHC) predicts that the 2008 re-sale market will remain solid and recent interest rate cuts can only help buyer confidence.
If you are considering selling your home, please call us for an experienced and professional approach that will guide you through the entire process.
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Year to date January - June 2007
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Number
of Sales
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Average sale price
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| Lakeshore |
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2007 |
2006 |
% |
2007 |
2006 |
% |
| Baie d'Urfe |
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52 |
40 |
30% |
$475,226 |
$537,075 |
-11.5% |
| Beaconsfield |
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279 |
249 |
12% |
$416,103 |
$381,179 |
9.2% |
| Dollard des Ormeaux |
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404 |
356 |
13.5% |
$326,120 |
$309,710 |
5.3% |
| Dorval |
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149 |
153 |
-2.6% |
$291,286 |
$263,691 |
10.5% |
| Kirkland |
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210 |
211 |
-0.5% |
$346,803 |
$337,810 |
2.7% |
| Ile Bizard |
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168 |
176 |
-1.4% |
$317,340 |
$321,805 |
-1.4% |
| Lachine |
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171 |
168 |
1.8% |
$258,572 |
$236,005 |
9.6% |
| Pierrefonds |
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562 |
477 |
17.8% |
$260,300 |
$241,528 |
7.8% |
| Pointe-Claire |
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355 |
302 |
17.5% |
$273,799 |
$256,613 |
6.7% |
| Roxboro |
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62 |
48 |
29.2% |
$235,858 |
$205,026 |
15% |
| Ste. Anne de Bellevue |
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42 |
34 |
23.5% |
$310,590 |
$255,548 |
21.5% |
| Senneville |
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10 |
8 |
25% |
$785,040 |
$810,300 |
-3.1% |
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| Off Island |
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| Hudson |
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108 |
72 |
50% |
$396,615 |
$390,153 |
1.7% |
| Ile Perrot |
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127 |
115 |
10.4% |
$205,191 |
$177,956 |
15.3% |
Notre-Dame
de-I'Ile-Perrot |
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158 |
177 |
-10.7% |
$243,509 |
$239,993 |
1.5% |
| Pincourt |
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176 |
175 |
0.6% |
$213,632 |
$182,364 |
17.1% |
| Saint-Lazare |
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345 |
278 |
24.1% |
$297,802 |
$285,435 |
4.3% |
| Vaudreuil-Dorion |
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487 |
405 |
20.2% |
$211,697 |
$201,983 |
4.8% |
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Price: $ 819,900
Bedrooms: 4
Bath: 2-1/2
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Located at:
3 POPLAR PLACE
BAIE D'URFE
Superb, custom built one of a kind home with lovely open concept on main level, located on a secluded crescent close to the lake. 15,898 sq.ft. lot
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Price: $ 439,500
Bedrooms: 3+1
Bath: 3
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Located at:
17 12e AVE
TERRACE VAUDREUIL
Stunning split level home has a spacious open concept layout perfect for entertaining and a dream backyard with IG pool and woods behind. 19,663sq.ft lot
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Price: $ 399,000
Bedrooms: 4
Bath: 2+2 pwdr
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Located at:
393 WALPOLE
BEACONSFIELD
Immaculate 4 bedroom executive cottage located on a quiet crescent in Sherwood. 8,000 sq.ft. lot
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Many thanks to all of you who graciously referred us to friends, family, colleagues and neighbours. Our business is built on positive comments and referrals from people like you. We couldn’t do it without you.
Special thanks this month to Patrick & Karin Janssen and Peter & Gina Niro.
Please remember, if you or anyone you know is looking for a home or would like to learn more about how to maximize their return on investment when selling, just give us a call. We’d love to help.
Warmest Regards,
Libby, Sean & Catherine
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Royal LePage Elite
50, ST-CHARLES BLVD. #16
BEACONSFIELD, Quebec
H9W 2X3 |
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Copyright © 2002 Royal LePage Real Estate Services Ltd.
Not intended to solicit properties currently listed for sale. |
