IN THIS ISSUE

West Island Market Update
Featured Listings
Fall Maintenance Checklist
Referral Thank You

 

Fall Maintenance Checklist

 

Before the weather grows colder it's important to prepare for the winter months to prevent costly damage. Here are a few tips for the fall.

Click here for the full story...


 

Shelter Foundation

 

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.



In this 3rd Quarter market update, we'll look at what has happened in the local real estate market compared to the same period last year, and let you know what you can expect to see for the remainder of 2008. We've also got some fall maintenance tips to help you prepare your home for the winter.

As always, feel free to pass this newsletter along to friends or colleagues you think might find the information useful and interesting. We wish you a safe and Happy Halloween.

  West Island Market Update

It has been another great year for the West Island real estate market. If we look back and compare the first three quarters of 2007 with the first three quarters of 2008, we see that the average price of a single family home has risen by 9% from $323,000 to $342,000. Looking ahead, we expect to see a slight softening of the market, but nothing close to what's been happening in the U.S and even other parts of Canada.

"Unlike the general trend elsewhere in Canada, the resale market in the Montréal Metropolitan Area is doing well," says Michel Beauséjour, FCA, Chief Executive Officer of the GMREB.

That being said, we have seen an increase in the number of new listings in our local market and buyer activity, although solid, remains cautious. Today's buyers are purchasing with less urgency and expecting more for their hard earned dollars. As inventory increases, it is becoming even more important for sellers to use every tool at their disposal for an edge over the competition. Home staging and pre-listing preparations are becoming a necessity to be successful in the coming months and into the new year.

Don't list your home before meeting with Libby, Sean & Catherine to hear about our aggressive marketing strategy for a successful sale.

 
Year to date(Jan-Sept) 2008 vs (Jan-June) 2007
             
Number of Sales
Average sale price
Lakeshore
2008
2007
%
2008
2007
%
Baie d'Urfe  
45
43
4.7%
$553,706
$482,064
14.9%
Beaconsfield  
256
224
14.3%
$433,198
$416,962
3.9%
Dollard des Ormeaux  
281
320
-12.2%
$352,503
$319,054
10.5%
Dorval  
100
118
-15.3%
$332,448
$289,501
14.8%
Kirkland  
164
175
-6.3%
$387,545
$341,605
13.4%
Ile Bizard  
126
143
-11.9%
$402,078
$263,916
52.4%
Lachine  
108
136
-20.6%
$272,856
$254,611
7.2%
Pierrefonds  
427
503
-15.1%
$270,137
$255,751
5.6%
Pointe-Claire  
234
279
-16.1%
$301,570
$270,865
11.3%
Roxboro  
59
50
18%
$242,825
$234,013
3.8%
Ste. Anne de Bellevue
22
39
-43.6%
$304,886
$310,379
-1.8%
Senneville
6
8
-25%
$644,500
$851,925
0%
 
Off Island
Hudson  
81
81
0%
$449,827
$370,018
21.6%
Ile Perrot  
105
102
2.9%
$213,359
$199,542
6.9%
Notre-Dame
de-I'Ile-Perrot
 
117
135
-13.3%
$263,091
$244,502
7.6%
Pincourt  
201
148
35.8%
$226,847
$213,021
6.5%
Saint-Lazare  
227
279
-18.6%
$294,899
$296,534
-0.6%
Vaudreuil-Dorion  
343
404
-15.1%
$225,774
$208,833
8.1%

  Featured Listings

Price: $1,875,000
Bedrooms: 4
Bath: 3-1/2
Located at:
5 EAST GABLES
BEACONSFIELD
Fantastic opportunity for demolition or expansion on a prime waterfront lot that also includes a subdivided lot at the north end of the property. 27,000 sq.ft. lot
 


Price: $799,000
Bedrooms: 4
Bath: 3-1/2
Located at:
100 GABLES COURT
BEACONSFIELD
Superb executive cottage with main floor extension. Loaded with charm & located in very desirable Gables Court with private pool, tennis and lake access. 12,809sq.ft lot
 


Price: $739,000
Bedrooms: 4
Bath: 3-1/2
Located at:
260 ALICE CARRIERE
BEACONSFIELD
Gorgeous 3,800 sq.ft executive cottage with IG pool, superb basement with wine cellar and theatre room. Updated with style and taste. 7,000 sq.ft. lot
 


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 Rob Brunet.

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

Royal LePage Elite
50, ST-CHARLES BLVD. #16
BEACONSFIELD, Quebec
H9W 2X3
Libby Broady
Email: libby@royallepage.ca
Web Site: broadyrealestate.com
Cellular Phone: 514-945-4380
Home Fax: 514-694-7992
Sean Broady
Email: sbroady@royallepage.ca
Web Site: broadyrealestate.com
Cellular Phone: 514-802-7326
Office Fax: 514-697-9499
Catherine Broady
Email: cbroady@royallepage.ca
Web Site: broadyrealestate.com
Cellular Phone:514-836-3308
Office Fax:514-697-9499
Copyright © 2002 Royal LePage Real Estate Services Ltd.
Not intended to solicit properties currently listed for sale.