Team Updates

In April, we saw the average price of single-family detached homes go up 3.8% over last year, but sales were down 12.4%. In condos, the average price went up 19.4%, but sales were down 20.5%. As you can see, the Winnipeg real estate market continues to be very strong. We’re still seeing lots of bidding wars, and we’re seeing more inventory coming to market. The No. 1 thing I would tell a friend who’s thinking of selling their home in May or June is to be conscious of time. We see it all the time in these heated markets — we get into June and we usually start to see a lot more inventory coming to market, which creates less demand and fewer bidding wars. A lot of these houses don’t end up selling until fall or even the following spring because they expect to get a high price, but the market is no longer there. There’s more supply coming on, and people’s intensity dies down because kids are out of school and families are going on vacation. So if you’re thinking of selling in May or June, be conscious of getting your house to market before June. www.JudyLindsay.com 204.925.2900

4 signs that your agent's marketing your house not just listing it. The first one's easy and it starts before the list date. It has to do with having a coming soon like premier movies or a sneak peek. Top agents will have great hype around social media sending out emails calling potential clients and networking among top agents. www.JudyLindsay.com 204.925.2900

Please, please, please don't spend money on your home. A countless amount of times we go into clients homes where they just finished renovating and they did the wrong things or they didn't need to renovate at all. Give us a call first, we can come in and advise you on what things you should do or more importantly what things you don't need to do. This way you're not going to waste time or money and the best thing is you will maximize the sale of your house. www.JudyLindsay.com 204.925.2900

Prices right now in Winnipeg are going crazy we've seen multiple places sell for over $100,000 over asking price we had a property with 24 offers on it and we've been in this kind of environment before and there's a mistake that a lot of homeowners make when selling their property but first what happened in the Winnipeg real estate market in March. In March in Winnipeg we saw house sales down 8.5% over last year but prices up 2.6% in condos we saw sales down 18.1% however prices were up 14.5% Now the stats are what the stats are but what we're not seeing is the reason why these prices are going so high on some of these houses and the reason is simple supply and demand. In areas like Whyte Ridge we've only seen 8 sales so far this year, Linden Woods 7 sales, Waverley Heights 4 sales, so when these houses do come to market we're seeing massive bidding wars and that's why it's so important in this market, and we've seen it at times before where in this market Realtors can get sloppy or even as sellers they don't do their full due diligence as far as who they're hiring to market their property and it is so important because the difference is your house might sell doesn't matter who you list with because there's such demand in the marketplace but the question is with truly good marketing how much more could you have gotten for your house? So give us a call for a free consultation and we can show you exactly what our marketing plan can do for you. www.JudyLindsay.com 204.925.2900

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What we have here at Judy Lindsay are Buyer Specialists and Listing Specialists. They don't take care of admin tasks, they take care of sales, that's what they've been doing, they've been doing it for I think our youngest guys maybe 6 years, our top guys are like 27, 40 years in the business. They are great at sales, I dare you to test our Team and give us a call. www.JudyLindsay.com 204.925.2900

We just got a call from a client and what they told us is that they didn't want to call us. What they meant was they were embarrassed to call us, their house was not in great shape and had a lot of clutter in it and this is something that I feel we really specialize in, is helping people in these situations, either in helping them get their house ready for sale by getting the junk out, removing garbage, help cleaning, helping with handyman stuff. We've been doing this for 26 years now, helping clients in this situation and for the last 10 years we've been doing our Instant Offer Program where if you don't want to go through with any of that hassle, maybe it's an estate sale, maybe you just want to get moving with life, maybe you've bought a better property and you really need to sell yours quickly. We do our Instant Offer in those situations too and you have the option. We will come out and give you the assessment tell you what we think, if it sounds great we can go ahead, if it doesn't sound okay that's no problem too but the end of the day don't be embarrassed to call us, we are here to help you. We've been doing it for a long time and we do a really good job at it. www.JudyLindsay.com 204.925.2900

I just came in the office and look what I found another Consumer Choice award! This is the 8th year now that we've won this and I just wanted to say thank you first off to my staff, they do an amazing job this is the reason why we get the awards is because they take such good care of all of our clients and to our clients that continue to call us back and give us referrals and vote us for this. We couldn't do it without you voting for us and putting us in this position to win this award. Thank you very much. I continue to look forward to working with my staff in the future and all of our clients and your referrals. Thank you again. www.JudyLindsay.com 204.925.2900

Did you just get one of these in the mail？This is the 2027 property assessment notice that's sent out by the City of Winnipeg. Every year, I've been doing this for 26 years now, and every couple of years when the city does this we get tons of calls from people asking is this what my house is really worth? and in most cases yes, it is. We saw two years ago almost a 10% increase in properties here in Winnipeg and last year was a 5% increase and that pretty much aligns with where these property values are. Let me explain it real quick for you. So here's an example of a tax bill sent out by the city. On here you will notice an assessed value and this will be the new 2027 tax we'll show you 2025 value there and you pay a portion percentage of it so in this case it's 45% which equals out to a portion value in this case $152,550 and then they use that value for your school taxes so $152,550 times the percentage that the city determines equals out to $1,900 in this case same thing with municipal taxes $152,550 times by the again the predetermined number by the city comes out to $1,970 and that's how they determine your overall taxes to be paid. Now having said all that if you think your taxes are too high or your property is assessed at a too high of value give us a quick call we can run some numbers for you that can prove to the city that they are taxing you too high and you can take that information to them and hopefully have your taxes reduced. www.JudyLindsay.com 204.925.2900