Tuesday, March 11, 2025

March Newsletter ~ The PEDLAR Team Update ~ BILLY JOEL TICKET GIVEAWAY

 


March ~ Spring Is In The Air
BILLY JOEL GIVEAWAY!


Do you smell what I am smelling!?!? Spring is in the air!! These last few days of warmer temperatures have been incredible to get some fresh air and not have to put three layers on before going outside. Great news the tundra swans are starting to come back in the area and that is a sure sign warmer days are upon us! The picture above was from last year. This is an exciting time of year for Canadians as we start to think about warmer temperatures and outside activities can happen! Potentially my favourite time of the year because of all the pent up excitement you will see be released as kids find their bikes again and everyone seeming to be in a better mood.

In the real estate world we had nearly two months that people could hardly get out of their home to go view a home! We have seen activity pick up in the past two weeks with more showings on listings and offers being dealt with. Interest rate decision coming tomorrow from the Bank of Canada and all experts predict a drop due to the tariffs we are experiencing with our neighbour to the south and China. Will be interesting to see what unfolds over the next few months as normally spring is a more active market in comparison to the rest of the year. Added on the interest rates are only going to drop if the tariffs continue. The outlining factors of low interest rates and economic uncertainty bring a strong feeling similar to the start of COVID. Stay tuned as we provide market updates on Instagram and Facebook!

We got an exciting opportunity for our subscribers this month! Drum roll please ... Two tickets to go see a Night with Billy ~ The Music of Billy Joel! This is happening March 28th at 7:30pm at the Grand Bend Place. No this isn't actually Billy Joel but its the next best thing! It will be a night of great fun and we want you to be at. Simply answer this yes or no question to be entered into the draw: Do you think this past weekend will be the last of the snow this winter? Simply respond YES or NO to be entered into the draw. Draw will take place March 17th, 2025 so you'll have more than a week to make arrangements to attend the event. It will be a great time!

We are never to busy to talk real estate so give us
a call today at 519-238-5700!


Grand Bend Place
Center For The Living Arts

 

In a widely expected move, the Bank Of Canada implemented its sixth consecutive interest rate cut today, bringing its benchmark rate to 3% – down from its peak of 5%.

Gone are the days that church buildings came to life for a few hours on weekday evenings and on Sunday mornings. To live our mission, and to be sustainable in an increasingly secular world, we must reach out, building community by inviting people to use our beautiful spaces seven days a week. When Huron Shores United Church undertook its two-million-dollar renovation, this concept drove many of the decisions.

How could we create a truly welcoming and accessible space and encourage its use by diverse community members? How could we respond to the need in our small town for a year-round meeting place? How could we counter the problem of social isolation by giving our full-time residents opportunities to gather and share special experiences?​

Grand Bend Place (GBP) is the answer to those questions. Under the GBP banner, Huron Shores has thrown wide the doors to our community, providing a warm welcome to community group meetings, exercise and meditation classes, a knitting group, a shared learning group, social gatherings, film screenings, and more.​

We have gone a step further, planning a series of concerts with broad appeal. Offered from February through June  and October through December when the town becomes quiet, they are an opportunity for concertgoers to catch up with old friends, meet new ones, and enjoy the uplifting gift of music. They encourage Grand Bend residents, many of whom are older adults at risk of social isolation, to engage with their neighbours. They introduce people to Huron Shores United Church in a comfortable, non- threatening way.

Click the link for more information about the future concerts and to learn more about Grand Bend Place: https://www.grandbendplace.ca/live-performances


Does A Property Need Probate
Before Being Able To Sell It?


When looking after an estate it is always best to get an estate lawyer involved as soon as possible. A lot of properties require Probate before being able to sell the property and this can be a lengthy process so getting an estate lawyer on the case as soon as possible makes this process much smoother. You may assume when you are a couple and a loved one passes away that with both on title that probate isn't required but there are instances where a lawyer for whatever reason will put a unique ownership style on the property in which probate is required. A clear and legal Will is also a very smart idea to make things very clear in the case of someone passing away. Here is a timeline of events if Probate is required:

1-2 Weeks: Notify Banks: the first step in the probate process is notifying the banks and other institutions where assets are held.
1 Month: Draft Application: your estate lawyer will draft the probate application on your behalf once you have provided all the required info.
1 Week: Execution & Service: once the application is completed the Executor will sign the application and effect service.
8 Months - 1 Year + : Filing: The application is filed with the appropriate court to be issued. This is the longest part of the process.
1 Year: Issued Certificate: Once the Certificate is issued, the Executor can begin administration.
Closing: Once administration is finished, funds are distributed. The Estate is now closed.

Thanks to Sarah Burns, Lawyer out of Forest, for this timeline to give the process a little more perspective!


The Grand Bend Chamber Of Commerce
Mayor's Breakfast
March 27 2025 8:30AM

 

Come support your local chamber of commerce that is putting on a fantastic event to bring together our three local mayors and many community business owners! Being hosted at the Oakwood Resort and sponsored by Tridon. We are lucky enough to have all three mayors for speaking engagements and to take questions so it is sure to be informative. Information and the QR code to scan is below to get your tickets today. See you there!


RE/MAX Agents Voted #1 Most Trusted Real Estate Agents For The 6th Year Straight!


Trust is the cornerstone of success in the real estate industry, and we’re honoured to be a part of the real estate brand that is most trusted by Canadians, year after year. RE/MAX agents don’t just help their clients buy and sell homes. We are a key partner in one of the biggest decisions you will make in your lifetime. This recognition is a direct reflection of the high level of professionalism and dedication of our network of more than 25,000 RE/MAX agents across Canada!


Ipperwash Lakefront 78' Frontage
6388 West Parkway Dr, Lambton Shores
Listed at $1,350,000

 
Lakefront paradise along the shores of lake huron with 78 feet of lake frontage! Don't miss the incredible opportunity to own this spacious 3/4 acre lakefront property in Ipperwash of Lambton Shores. With 78' of frontage at the lake side and a depth over 400' there is lots of space to create your dream vision home or cottage. Until you know what that vision looks like there is a charming three season cottage that was nicely updated to enjoy and create memories. The centre living room is the focal point that exudes character with exposed wood beam ceilings, wood fireplace and rustic wood floors. Updated sliding door to back deck lets lots of natural light in. Opens up to the lakeside den with a wall of windows and door to lakeside deck. Existing cottage offers three bedrooms that all offer updated pine shiplap walls of which two are lakeside with walls of windows. The kitchen offers updated cabinetry, countertops and backsplash. Services for future home include gas at the road, septic system for sewage, municipal water servicing current home, hydro servicing current home and internet/communications servicing current home.
 
Click the link to watch the virtual tour: https://www.youtube.com/watch?v=P2VwvesRSWo

Built In 2010 Offering Full Finished Basement
188 Elizabeth Street, Thedford
Listed at $599,900

 
Built in 2011 this 1,260 Sq Ft bungalow with newly finished basement is sure to impress! This home offers great curb appeal with brick/vinyl exterior, double wide concrete drive to 16'x20' heated garage and front covered porch. Stepping inside you will appreciate the 9 FT ceilings that give it a very comfortable feel. The main floor offers a spacious open concept floor plan. Large windows throughout main floor give you lots of natural light along with updated blinds. Dining area allows for a large table so that you have room for all your guests. Kitchen offers an eat-up bar, lots of cabinetry, tiled backsplash, accent lighting, new stainless steel fridge and new sliding door to give easy access to back deck. Spacious main floor primary bedroom with walk-in closet. Main floor allows for another bedroom or office or den. The bathroom is expansive offering a seperate tub and shower option, vanity with sink, toilet, storage and laundry with built-in cabinetry above. This home offers everything you need on the main floor but the bonus is that there is lots more finished space in the lower level that was just finished in 2021. The lower level allows for all the bonus space you could dream of with an expansive family room, a third bedroom, the second full bathroom, hobby room, lots of storage and utility room. Heading to the backyard you get a newly redone 12'x20' deck with gazebo that is included with screens and curtains. Off the deck a couple steps down is the 12'x20' stamped concrete pad with a concrete path to the front driveway around the home. Thedford is a great town in Lambton Shores offering a splash pad, newer rec centre with hall and lots of great businesses around to live a great lifestyle. Only 10 mins from the sandy shores of Lake Huron, 15 mins from Grand Bend, 15 mins from Forest and 50 mins from London. The best surprise for the new buyers will be in the spring/summer when the gardens come to life!
 
Click the link to watch the virtual tour: https://www.youtube.com/watch?v=H5a45HhDY_U

Affordable Living In Grand Bend
#1 - 8 Oak Street, Grand Bend
Listed at $399,900

 
Under 400k in Grand Bend just steps from Lake Huron and downtown amenities! Have to come check out this fully updated 2 bedroom 1 bathroom end unit condo in the HEART OF GRAND BEND just steps from all the amenities Grand Bend has to offer and the sandy shores of Lake Huron. UPDATES THROUGHOUT the unit include interior doors, gas furnace and central air units, gas hot water heater owned, all FIVE appliances, electrical fixtures, bathroom, flooring, kitchen counters and backsplash and much more. Enter the unit into the entrance foyer with accent wall, stacked laundry and coat closet. New flooring flows throughout the condo without transitions. Step into the open concept floorplan with spacious living room off of dining area with full accent shiplap wall. Kitchen offers updated cabinetry, tiled backsplash, updated stainless steel appliances and more. Spacious primary bedroom with double closet and access to private back balcony. Unit offers a second bedroom with double closet. Fully updated three piece bathroom with tiled shower and glass doors. Exterior allows for the private balcony off of the primary bedroom along with a private patio area off of front door where you have space for a BBQ and a seating area. Condo building includes one exclusive parking spot plus visitor parking, exterior maintenance and gazebo seating area. Condo fees are $350 per month. This location is steps from everything Grand Bend has to offer and would make a great cottage getaway, first time home or someone looking to downsize!
 
Click the link to watch the virtual tour: https://www.youtube.com/watch?v=1YW9N04--cA

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 Ontario, Canada, North America, or the world for that matter because RE/MAX is global!

Get Your 2025 Grand Bend Locals Card!

 

Support Local With Your GRAND BEND Locals Card

It 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/


Social Media
 
Have a great day everyone and don't forget to check out our social media sites like instagram, youtube, facebook 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/FOLLOW ON FACEBOOK by clicking the link below:

https://www.facebook.com/thepedlarteam

Or Give us a FOLLOW ON INSTAGRAM by clicking this link:

https://www.instagram.com/thepedlarteam.remaxgrandbend/?hl=en

We love to hear about your experience with The PEDLAR Team so please feel free to leave us a FIVE STAR GOOGLE REVIEW by clicking the link below:

https://g.page/r/Cew24KUHRF64EAI/review
 
If you or any of your friends and family are looking to buy or sell make sure to call us first!
Referrals are the greatest compliment

Check our website out by clicking the link below
The Pedlar Team Facebook
The Pedlar Team Website
The Pedlar Team YouTube
The Pedlar Team Twitter
 Doug Pedlar      Mark Pedlar     Garrett Pedlar 
    Broker of Record                         Broker                        Sales Representative
 
519-902-4099    519-670-0746     519-872-0910
 remaxdoug@hay.net           remaxmark@hay.net          remaxgarrett@hay.net

Wednesday, March 5, 2025

Increased Listings and Steady Prices in February

 The real estate market in February 2025 has shown a mix of stability and challenges. Sales activity saw a decline of 20.1% compared to February 2024, with 353 properties sold. Despite this, the dollar volume of sales reached $249,279,351, reflecting an 18.2% decrease from the previous year. New listings were down by 8.0%, totaling 743, while active listings increased by 19.0% to 1,558. The sales to new listings ratio stood at 47.5, indicating a balanced market.


The average price of single family detached homes in February 2025 was $706,174, a modest increase of 2.4% from February 2024. The median price, however, saw a slight decrease of 1.9%, settling at $645,000. The market's inventory levels have improved, with months of inventory rising to 4.4, providing more options for buyers.