Team Updates

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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

January is such an important month in real estate I'm going to explain why but first let me tell you the numbers for this January. In January in Winnipeg we saw house sales decline 24% over last year but prices rise 1.9% In condos we saw sales decline 42% over last year and prices fall 4.3% Now what's so important about January numbers is that it gives us an indication of what the rest of the year is going to look like and by these numbers it shows us that we haven't seen a lot of sales which means there's not a lot of supply on the market and we're seeing prices push higher and that's kind of what we're going to expect to see in the near term anyways. So if you're thinking of selling now is a great time to start planning give us a call 204.925.2900 We look forward to working with you.

Well 2026 is off to a great start! On the houses that are going to market we're seeing multiple offers coming in, tons of showings and great intensity so if you're thinking of selling, and I say this every year, January and February can be great months to sell into but if you're not quite ready to sell, don't force it to market. It's always better to have your house show its best first, which means give us a call, we have people that can help you with decluttering, cleaning, doing any little fixes to make sure it's ready to go to market. This way not only will you sell in the best market but your house will show its best and you'll get top dollar for it. www.JudyLindsay.com 204.925.2900

Very exciting! Here are your Winnipeg real estate predictions for 2026 but first how were our predictions in 2025? While our predictions were 100% right as they were in 2024 we predicted that interest rates would go down they went from 3% down to 2.25%. We predicted that the real estate market would go up and we saw the average sale price in Winnipeg go from $350,000 to $375,000 Now before I get into 2026 predictions I want to say you'll see a lot of predictions online from other Realtors many of them from Toronto and Vancouver. Now their markets are crashing and the great thing about Winnipeg is we've always been steady and truth is is why in 2026 I expect to see very similar results to 2025 which is an increase in price, great demand for housing and as far as interest rates go I do expect to see a reduction however maybe not as big as in 2025 but at least a 25 point basis cut Now finally if you're thinking of doing something in real estate in 2026 either investing in real estate or moving up or buying your first house give us a call, we're here to help. We are pretty good at these predictions and what I found over the years is anybody who plans well in advance is going to have great results. www.JudyLindsay.com 204.925.2900

What is the biggest mistake that homeowners make this time of year if they're thinking of selling in the Spring? But first, what happened in the Winnipeg Real Estate Market in November. In November in Winnipeg we saw house sales down 7.3% and prices down slightly at 1.3% In condos we saw sales down 23.1% and prices down 2.9% Obviously the numbers aren't fantastic in November but we'll see how December looks one month doesn't make a trend. Now the biggest mistake I see people making this time of year is that they say they're going to sell in the Spring but when they think Spring they think May/ June when they really should be thinking February/March because February March you always see a very high intensity to the market because there's not a lot of supply on the market which means you need to get us out now in December or early January to start making a plan this way not only will your house sell faster but you'll get more money for it as well. www.JudyLindsay.com 204.925.2900

What is the one calculation you want to make sure you're doing if you're thinking of selling your house in November or December but first what went on in the Winnipeg Real Estate Market in October. In October in Winnipeg we saw house sales down 14% over last year and prices down 1.4% In condos we saw sales down 33% but prices were up at 12.6% Now the numbers in October don't seem great however one month doesn't make a trend so we'll see what the market does in November. Now if you're thinking of selling or buying a house in November or December the one calculation you want to make sure you're aware of is well I said a friend who was thinking of selling their house and they said that we're gonna wait until February or March because we feel that the markets going to be better then and we'll hopefully make 2% more if we sell next year and that does usually happen in the last number of years where we see an increase in price going into the next year. Now the only problem with that is it's going to cost him approximately $2,000 a month to hold on to his house from now until not only February but if possessions not till March or April it could end up costing an extra 10 or $12,000 so it's important to make sure you do the calculation to figure out is it worth it even if the market is going to be up 2% next year is it worth it to hold on to your house and sell then or is it better to take profits now and get out and be done with it. It's also important if you're looking to buy because this time of year is a great time of year to buy because you can buy now and get that price bump coming into February or March next year. www.JudyLindsay.com 204.925.2900

Hey everyone, just in case you didn't see it, next Friday on Halloween day, we're doing our 3rd Annual Spooktacular Event which is a community, free event that runs from 10 til 4 It's in coordination with all the businesses on Portage from Lyle down to Moorgate and you can pop in. It's a safe environment for a little one it's a really great event I have to say thanks to Deanna at my office, she always does a great job in doing all this so and if you can't make it to that event she also has candy at the office for little ones. Call my office and we'll have little packages set aside as well so hope to see you guys there!