2015 Windsor Essex Market Watch 10 Year Trends
Each year Buckingham publishes a Residential Market Watch showing the statistics for all of Windsor and Essex County. While this information is helpful for an over all look of the market trends, it is also helpful to look at the area you are interested in to determine what is happening in that neighbourhood. The Windsor Essex County Association of Realtors divides the County of Essex into a number of areas. Each Area has its own distinct characteristics. Buckingham has taken the time to graph Residential Listing information for Areas 1 through 60 with historic trends. It is interesting to see the differences in changes to average sales price and listing sales ratio in each area. Each area’s growth changes at a different rate.
The Listing Sales Ratio is obtained by taking the number of listings and dividing it by the number of sales. In general a Listing Sales Ratio of under 50% is referred to as a Buyer’s market, and is characterized by falling prices. A L/S Ratio of 50% is referred to as a balanced market and is usually characterized by limited growth in prices. A L/S Ratio well above 50% is referred to as a Sellers Market and is usually characterized by rising prices.
S-L Ratio Average Price Residential Area 1
S-L Ratio Average Price Residential Area 2
S-L Ratio Average Price Residential Area 3
S-L Ratio Average Price Residential Area 4
S-L Ratio Average Price Residential Area 5
S-L Ratio Average Price Residential Area 6
S-L Ratio Average Price Residential Area 7
S-L Ratio Average Price Residential Area 8
S-L Ratio Average Price Residential Area 9
S-L Ratio Average Price Residential Area 10
S-L Ratio Average Price Residential Area 20
S-L Ratio Average Price Residential Area 30
S-L Ratio Average Price Residential Area 40
S-L Ratio Average Price Residential Area 60
Posted by Cam Paine on March 30, 2012 in Blog, Interior design | Comments Off on Making a Room Feel Bigger
Most of us can’t afford a home with massive rooms – not just because the square footage is costly, but also because it would cost an arm and a leg to keep that home heated and comfortable. There are, however, a vast array of tricks and methods that lend themselves to creating an illusion and will help you make a room feel bigger. That said, here are seven ways to make a room feel bigger: Ways to make a room feel bigger #1 Get Roman blinds Window treatment are an important part of making a room feel bigger and using roman blinds instead of...
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Posted by Cam Paine on March 9, 2012 in Blog, Taxes | Comments Off on What to do when your assessment is too high, Windsor Real Estate
Compliments of www.cameronpaine.com Source MPAC brochure: If you don’t agree with your Property Assessment from MPAC you can file a Request for Reconsideration. The deadline to file your RfR is April 2, 2012. There are two ways to file a RfR: • The preferred method is to submit a RfR form. Request For Reconsideration 2012 Form Forms are available at www.mpac.ca, or call us at 1 866 296-MPAC (6722). You may also choose to file your RfR electronically through AboutMyProperty™ on MPAC’s website. You will be able to attach documents, pictures and...
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Posted by Cam Paine on February 29, 2012 in Blog, Electrical | Comments Off on Understanding Smart Meters – ENWIN
Compliments of www.cameronpaine.com Smart Meters are Here As part of a provincial initiative to encourage energy conservation and help Ontario consumers manage their electricity costs, ENWIN is now installing Smart Meters throughout Windsor. The Ontario Energy Board (OEB) has directed energy providers, like ENWIN, to install Smart Meters in all Ontario homes and small businesses, encouraging the development of a province-wide “culture of conservation”. As Windsor’s energy provider, ENWIN is mandated to complete local Smart...
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Posted by Cam Paine on February 29, 2012 in Blog, New Homes | Comments Off on New Home Buyer Tarion Protection
New Home Buyers Page Content If you’re considering purchasing a new home, congratulations! It’s an exciting and rewarding process. A new home may also be the most significant purchase you ever make. In addition to the financial commitment, there are a number of lifestyle and home design options you may need to consider. That’s why it’s so important to do your homework and gather as much information as possible about your potential new home before you sign the Agreement of Purchase and Sale. To help prepare you for your...
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Posted by Cam Paine on February 25, 2012 in Blog, New Homes | Comments Off on Understanding Delayed Closings and Occupancies New Construction
Understanding Delayed Closings and Occupancies for Freehold Homes and Condominiums Under the delayed closing and delayed occupancy warranty, your builder guarantees that your home will be ready for you to move in either by a date specified in the purchase agreement or by a date that has been properly extended if circumstances occur that delay the home’s completion. In many cases, your builder will be required to compensate you if a delay occurs. For more information about delayed closings and occupancies, including Addendums and...
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Posted by Cam Paine on February 25, 2012 in Blog, New Homes | Comments Off on Tarion New Home Warranty Protection
This section is intended to help new homeowners understand what’s included in the Ontario New Home Warranties Plan Act (the Act) and what to do if a warranty problem arises. The Act outlines the warranty coverage that builders are required to provide to their customers. Coverage under the Act includes deposit protection, protection against defects in work and materials, protection against unauthorized substitutions, and protection against delayed closings or delayed occupancies without proper notice. For condominiums, warranty coverage...
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Posted by Cam Paine on February 9, 2012 in Blog, Taxes | 3 comments
Windsor Essex property tax relief for vacant commercial and industrial buildings will be provided to property owners through rebates that are issued by municipalities. The deadline for submitting an application is February 28 of the year following the taxation year to which the application relates. APPLICATION FORMS Please contact your local municipality for their specific form ONTARIO STANDARD FORM Windsor Essex REBATE: types of properties that are eligible for rebates, the application procedures, the method for calculating rebates, appeal...
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Posted by Cam Paine on January 17, 2012 in Home Improvement, Home Repair, Saftey | Comments Off on Carbon Monoxide – CMHC
Carbon Monoxide The presence of carbon monoxide (CO) in our homes is dangerous. So, how can you protect your family from carbon monoxide? How do you choose the right CO detector for your home? The first step is to make sure that carbon monoxide never enters your home. The second step is to install at least one CO detector in your home. This About Your House answers often-asked questions about carbon monoxide to help you make the right decision to make your home safe. What Is Carbon Monoxide? Carbon monoxide (CO) is a colourless and odourless...
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Posted by Cam Paine on January 17, 2012 in Blog, Home Improvement | Comments Off on Improvement Cost Comparison
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Posted by Cam Paine on January 11, 2012 in Blog, Market Watch | Comments Off on Windsor Housing Fall Report – CMHC
http://www.cmhc-schl.gc.ca/odpub/esub/64251/64251_2011_Q04.pdf?lang=en
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Each year Buckingham publishes a Residential Market Watch showing the statistics for all of Windsor and Essex County. While this information is helpful for an over all look of the market trends, it is also helpful to look at the area you are interested in to determine what is happening in that neighbourhood. The Windsor Essex County Association of Realtors divides the County of Essex into a number of areas. Each Area has its own distinct characteristics. Buckingham has taken the time to graph Residential Listing information for Areas 1 through 60 with historic trends. It is interesting to see the differences in changes to average sales price and listing sales ratio in each area. Each area’s growth changes at a different rate.
