Merry Christmas & Happy New Year
From The Pedlar Team
January Giveaway is a
2025 Ontario Parks Pass!
It is only early December and I think we have experienced as much winter snowy weather this far into winter as we have in the past couple winters combined! We had a week of continuous winter weather all to come down with some plus Celsius temperatures that we are currently experiencing to see the snow quickly melting. We hope the kids enjoyed those snow days! May your holidays be filled with time spent with loved ones including friends and family. This time around Christmas and the New Year is a special time for our family that we get together at the cottage and really spend some valuable time playing games, going on long walks and enjoying some good food! From our family to yours ... Happy Holidays, Merry Christmas & Happy New Year! To get into the holiday spirit we had a lot of fun at our local Santa Claus parades in Parkhill and Grand Bend!
In the world of real estate we are going to see another interest rate decision from the Bank of Canada on Wednesday of this week. Many experts think it will be another 50 basis point decrease but tough to say for sure. 25 basis point reduction at minimum is expected. This isn't all great news because while Canada continues to decrease, due to signs of a bad economy with unemployment at a high since 2017, other countries like USA are not decreasing as quickly and it is diminishing the valuer of our Canadian dollar. During COVID the real estate agents were expected to be scientists and now we are expected to be long seasoned economic experts. We never stop learning so we can stay up to date and as informed as possible in this ever changing market.
Greatly appreciate all of our subscribers to this newsletter and those continuously answering the question to be a part of our monthly giveaways this year! We hope you all enjoyed the opportunity to win our giveaways and especially those who did the actual winning of our giveaways! This month we are doing something a little different and opening it up to everyone and not just our subscribers. BUT we want to show some extra love to our subscribers so those who answer back to get into this month's giveaway by answering the following question will get THREE admissions into the draw: Would you rather turkey or ham for your Christmas dinner?
We are never to busy to talk real estate so give us
a call today at 519-238-5700!
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2025 Canadian Housing Market Outlook
From RE/MAX Canada
Canadians are looking ahead to 2025 with a positive outlook on the housing market, prompted by a series of interest rate cuts in the latter part of 2024. RE/MAX Canada and its network of brokers and agents are expecting a more active market next year, with the national average residential price likely to increase by five per cent, and sales anticipated to rise in 33 out of 37 regions surveyed, with sales increases of up to 25 per cent. Average price growth predictions ranged from 0%-10% resulting in an estimated 5% price increase over 2025. Interesting to note that not one advisor to the report estimated a decrease in price in 2025.
Based on their insights, the majority of the regions surveyed noted that first time homebuyers are one audience group driving the market across the nation, and many are looking for townhomes and small residential properties such as bungalows, while move-up and move-over homebuyers are looking for larger properties with additional space. On the flip side, retirees are seeking to down-size in most regions, with the exception of Calgary who are seeking villas and larger condominiums. Similar, to last year, many homebuyers are still looking for detached homes, as well semi-detached homes with income potential to off-set rising cost of living. These trends are likely to continue heading into 2025, according to RE/MAX brokers across the country.
Read the full report by clicking this link: https://blog.remax.ca/canadian-housing-market-outlook/ |
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The Canadian Buildings Show
Garrett Pedlar went to the Canadian Buildings Show in Toronto and if you are thinking of building or doing a major renovation you need to go as well! It was incredible to see some new products on the market and be in contact with the company that creates the product. On top of this many products being created in Canada which is very important in supporting our own workers and economy. Some items below:
- styrofoam with plaster exterior to give it a hard exterior and creates a real wood/log look that can be used for corner accents, fireplace mantles, beam covers and much more.
- tinted glass that hides the fingerprints and also offers privacy. Something different from the normal clear glass finish. Multiple uses from shower, stairs, railings and more.
- Go big or go home and the new exterior door widths have gotten larger! This door was just one 4 foot wide example with a very bold handle to make the front door pop without painting it yellow or red.
- Schluter products are the best in moisture control around the showers where tile and water are coming together. Make sure your tile contractor is an expert in these products because Schluter makes products for everything you can think of to making sure water goes where it is suppose to go.
RE/MAX Canada has partnered up with the Home Shows coming to Toronto again so please get in contact with us for your FREE tickets on behalf of The PEDLAR Team! The Home + Backyard Show is Jan 31-Feb 2 and the National Home Show is March 7-16.
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How Much Does it Cost To
Build A Home In Canada?
If you’ve wondered how much it costs to build a house in Canada, you’re not alone. While housing supply has improved across many Canadian real estate markets, inventory is still far below the historical averages in major urban centres, suburbs, and rural communities. Is purchasing a resale residential property or buying bare land and building a home from scratch easier and more affordable? There are many advantages to constructing a single-family home from the ground up, including the opportunity to customize the space to fit your lifestyle. Room by room, you have the final say on the layout, features, and finishings. On top of all that, there is the thrill of watching the project come together. Building a home comes with many benefits and headaches, if we’re being perfectly honest. Over the last few years, the main challenges have been the growing costs associated with labour, raw materials, and overall construction. From supply chain problems to labour shortages, creating a detached property is becoming increasingly expensive. The estimates vary, but the average price to construct a single-family house in Canada currently ranges from $100 to $300 per square foot. Of course, this estimate could be higher or lower depending on the type of house you build and where you live. Read the full article by clicking the link: https://blog.remax.ca/how-much-does-it-cost-to-build-a-house/ |
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Two Units In One!
12 Park Avenue, Grand Bend
Listed at $679,000
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| End unit freehold townhome with self contained lower level guest suite in the heart of Grand Bend just 2 blocks to the sandy beaches of Lake Huron. Located on a quite street walking distance to Main Street shops and restaurants. Great curb appeal with the brick exterior, vinyl sided accents and concrete drive with parking for 4 cars. The back yard offers a private fenced oasis with large deck and separate fire pit sitting area. Inside, the home is bright and flowing with natural light. Large kitchen at the front of the home with knotty pine ceilings, lots of cupboard space and pass through to the dining room. Dining room with wood feature wall to match the kitchens ceiling features. Living room overlooking the back yard with a large triple pane patio door, gas fireplace and laminating flooring that flows through the main living space. Upstairs you have 3 large bedrooms and a full bathroom with double vanity. Downstairs, is your own private 1 bedroom guest suite with its own entrance to outside, but the options for guest suite or lower level additional living space are both there with the interior stairwell as well. Large open great room with a living space, eating area, and kitchen complete with fridge and stove. One bedroom and full bathroom. Low maintenance and no condo fees. Come enjoy life by the lake today. | | | | | | | Click the link to watch the virtual tour: https://www.youtube.com/watch?v=Y8yMAmq74g0 |
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110' River Front Merrywood Meadows
10138 Merrywood Drive, Grand Bend
Listed at $1,650,000
Riverfront home in Merrywood Meadows, part of the Grand Bend community with 50 upscale homes situated along the Ausable River near the Warner Wildlife & Nature Preserve. Built in 2017 by Medway Homes, this property showcases 2560 sqft of well-designed living space with an open concept floor plan flowing with natural light. Situated on a large lot with landscaped gardens, mature trees, interlocking brick drive leading to your insulated triple car garage, covered front and back sitting areas, stone firepit patio and your own private dock with 110’ of River frontage. Inside, you’re greeted by the 16’ vaulted entry foyer giving you the grand entrance into the home that features engineered hardwood, quartz countertops and high-end finishes throughout. The gourmet kitchen includes stainless-steel built-in appliances, gas range, double oven, large island, chevron tile backsplash and pantry for storage. Eating area off the kitchen overlooks the back yard with access to the back covered deck. Living room with tray ceiling, pot lighting and gas fireplace plus enjoy the views of the river from the picture window. Spacious primary bedroom suite includes a walk in closet and large ensuite with heated tile floors and glass tile shower. Main floor guest room or office at the front with an additional full bathroom, plus main floor laundry in the mudroom. Fully finished lower level features a family room that includes a living space, games area and wet bar; Great space for entertaining. Room for additional family and friends in the two lower-level bedrooms with another full bathroom. Partially finished utility room could be a great home gym. Just a short walk or drive to the amenities of Grand Bend and the sandy beaches of Lake Huron. |
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Country Living Just 2KM N Of Grand Bend
34486 Gore Road, South Huron
Listed at $729,900
Welcome to 34486 Gore Road, South Huron just 2KM North of Grand Bend. Situated on a country sized 115'x170' property offering great curb appeal. The home offers nearly 2,400 sq ft of finished living space with three bedrooms and two full bathrooms. Pride of ownership is obvious as the updates throughout the home speak for themselves. Large living room with gas fireplace, built-in storage with barn doors and sliding patio doors to pool area. Off of the living room is a full four piece bathroom with jetted tub. Along with laundry room that has cabinetry for further storage. Inviting kitchen and dining area with lots of natural light! Updated kitchen offers lots of cabinetry, eat-up island, tiled backsplash, accent lighting and much more. Lots of space for the whole family to sit around a table with this spacious dining room. Owners just installed a solid wood built-in cabinet along wall in dining room that is great for storage and some counter space to set up a breakfast bar! Upper level offers two bedrooms with double closets, office/den and full four piece bathroom. Nicely finished lower level is a great sized rec room with windows for natural light and a built-in bar area. Basement level offers the third bedroom with large walk-through closet and utility room where you will find the brand new gas furnace and central air units! Your friends will all be asking to come over when they see your 16'x32' inground pool that just had the liner and pumps replaced in 2021. The depth ranges from 4 to 8 feet at the deep end. Newly built wood pergola off of the pool house. Best part about this pool house is that it has a two piece bathroom so the wet mess stays outside. All fenced in for privacy! Huge backyard backing onto farm land that allows for stone patio, hot tub, covered sand box, garden shed and all kinds of space for activities! Spacious concrete driveway offers lots of parking. Nicely updated exterior with metal roof and most doors/windows replaced in past few years. |
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Looking For An Agent Outside Of Our Coverage Area? Just Ask Us!
Looking to move outside of the area and not sure who to call? As always call The PEDLAR Team with any of your real estate needs! We are closely connected with a group of realtors that cover Southwestern Ontario. Along with our involvement in the Re/MAX community we are sure to line you up with a trusted knowledgeable real estate agent to make your plans a reality anywhere in North America, or the world for that matter because Re/MAX is global! Check out the website for ORRT and learn more about the group: https://www.orrt.ca/ |
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Get Your 2025 Grand Bend Locals Card! Support Local With Your GRAND BEND Locals CardIt is the hope that this card will encourage you to choose local businesses, more often. They've been quietly adding new businesses, new offers and TWICE as many draws! As lovers of Grand Bend, we need to stick together and keep our businesses OPEN. These Local businesses who are unable to provide specific offers, have stepped up to help provide MORE CARDHOLDER Draws! More Draws = More Winning & More Local Spending. Let's support them, for all they do to support our community.
Click the link to see more information: https://grandbendlocals.com/ |
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Social Media
Have a great day everyone and don't forget to check out our social media sites like youtube, facebook, twitter and our website to stay up to date on all the latest listings. You can find the links to these various social media outlets above our information below. See the benefits of using a high quality drone and camera for videos and pictures to add content to each listing. GIVE US A LIKE ON OUR FACEBOOK PAGE BY CLICKING THE ICON BELOW! We love to hear about your experience with The PEDLAR Team so please feel free to head to our facebook page and leave a review. Click the link to leave a review: https://www.facebook.com/thepedlarteam/reviews/ |
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