Latest Manitoulin Real Estate Updates

New property listed in Gore Bay
New Listings

New property listed in Gore Bay

I have listed a new property at 4 Main in Gore Bay. See details here Welcome to this enchanting century home in the heart of Gore Bay, ...

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New property listed in Silver Water, Manitoulin Island
New Listings

New property listed in Silver Water, Manitoulin Island

I have listed a new property at PT Lot 17 ON-540 Highway in Silver Water, Manitoulin Island. See details here Dreaming of creating ...

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New property listed in Manitowaning
New Listings

New property listed in Manitowaning

I have listed a new property at 15 Waterview in Manitowaning. See details here 15 Waterview Lane offers the privacy you seek and the ...

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New property listed in Birch Island
New Listings

New property listed in Birch Island

I have listed a new property at 1002 Old Village Road in Birch Island. See details here Welcome to your affordable retreat providing ...

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New property listed in Burpee And Mills
New Listings

New property listed in Burpee And Mills

I have listed a new property at 600 Britainville in Burpee And Mills. See details here 25 acres with a mixture of treed areas and open ...

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New property listed in Tehkummah
New Listings

New property listed in Tehkummah

I have listed a new property at Lt3 Lakeshore in Tehkummah. See details here The perfect balance of cleared land, beautiful cedar bush ...

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New property listed in Nemi
I have listed a new property at LT 10 Mile Point in Nemi.
11 Acres of peaceful, secluded waterfront with one of the most spectacular views on the east side of the island. Bush lot with flat shoreline making this a great opportunity for an off grid cottage. Access is by water or walk down from highway 6 to the shore. Package deal can be made for the purchase of two other properties. (id:2493)
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New property listed in Nemi
I have listed a new property at PT 10 Mile Point in Nemi.
9 Acres of peaceful, secluded waterfront with one of the most spectacular views on the east side of the island. Bush lot with flat shoreline making this a great opportunity for an off grid cottage. The property adjacent is also for sale 8 acres with cottage. The property is located below Ten Mile Point. Access is by water or walk down from highway 6 to the shore. Package deal can be made for the purchase of both properties totaling 17 acres. (id:2493)
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New property listed in Nemi
I have listed a new property at PT 10 Mile Point in Nemi.
This 1270 sq.ft. cottage gives you the quiet, secluded feeling you would expect in a getaway destination. Only minutes from the dock in Sheguiandah, this boat access cottage is ready for your finishing touches. The perfect template for off the grid sustainable housing. The Beaver Cottage, Trillium model, is only a few years old and fronts on 267 feet of beautiful shoreline with 8 acres of land. Adjacent parcel also available. The 8 acres is well treed and would make an excellent hunting property. (id:2493)
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New property listed in Sudbury
I have listed a new property at 2136 Hulda in Sudbury.
Welcome to 2136 Hulda Street in the desirable South End of Sudbury. This .6 acre property has 25 feet of frontage on Still Lake providing a private oasis. Enjoy the peaceful setting or paddle around the lake for some extra cardio. The 3 bedroom 2.5 bathroom home is nicely situated on the lot giving an excellent view of the water. The home has great natural light with triple pane windows glass railings and vaulted ceilings facing east to provide stunning sunrises. No expense was spared when designing the home. High end finishes throughout that includes window coverings, fixtures, in floor heating, this home has it all. The open concept living room, dining room and kitchen, were designed for dinner parties with built in speaker system, fire place and patio off the dining room. The exterior of the home is awaiting your final touches, with engineered location for in ground swimming pool...this could be the ultimate home! (id:2493)
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February 16th Newspaper Crossword Answers

A determining factor of the rises and drops in market price: Supply 
An economic principle referring to a consumer’s desire and willingness to purchase a specific good or service at a specific price: Demand 
A right, privilege or interest limited to a specific use or control purpose which one party has in the land of another party and which run with the land and are not a personal right of an individual: Easement 
The final state in a real estate transaction where ownership of real property is transferred from the seller to the buyer: Closing
When one person proposes a contract to another; if the other person accepts the offer, a binding contract is formed: Offer

In contracts a future and uncertain event that must happen to create an obligation or which extinguishes an existing obligation: Conditions
A definite place of business where real estate activities can take place: Brokerage
A Realtor’s favourite for letter word: Sold 
A private viewing of a property: Showing 
Can be: redecorating, rearranging furniture, cleaning and other aesthetic strategies to present the home in the best possible light: Staging 
A way to pay off debt in equal instalments that include varying amounts of interest and principal payments over the life of the loan: Amortization 
Who is the governing body for real estate in Ontario: RECO
A contract between a seller and an agent/brokerage to provide the service of selling real property: Listing 
Another word for a real estate salesperson: Realtor
A real estate agent who continues their education and obtains a higher designation: Broker

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New property listed in Espanola
I have listed a new property at 780 Centre in Espanola.
Excellent opportunity with highway visibility. Located close to other major retail stores and restaurants providing excellent traffic. This commercial lot is zoned C2 and awaits your business. (id:2493)
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 1. Faulty Pricing 

With the help of your realtor, you can determine the asking price of your home based on its market value. Some home-sellers have a pre-set price in mind based on a few things: what they paid for the house, money they’ve invested into the home, emotions or other needs. Let’s talk about what pricing incorrectly does. 


To buyers, a higher price means higher expectations. If you list your price relatively higher compared to similar-styled homes in the neighbourhood, buyers will most often opt for purchasing a larger home at the same price if they do not see where the value lies in yours.


Overpricing your home can lead to it being on the market for longer, which will bring up a red flag for buyers. A common thing we hear in real estate is, “If no one else has bought it, there must be something wrong with it.”


Bottom line: pricing is important. Too low can result in selling for much less than it’s worth, too high can also result in selling for much less than it’s worth. Our realtors are excited to work with you and price your home correctly. 


2. Showcase Your Home Properly 


Buyers want to imagine themselves living in the homes they’re seeing. When doing a viewing, they do not want to imagine the amount of plastering, repainting, or fixing they will have to do if they choose to buy. 


A few improvements done to your home before placing it on the market can increase the chances of selling quickly, and for more money. Ignoring these places will affect the buyer’s offer, as they will most likely factor in the cost of repairs in their offer, oftentimes assuming it will cost more than it actually would. 


In addition to fixing the cosmetic pieces, ensure your home is clean and welcoming, and the yard is well-groomed. 


Pro Tip: Takedown personal photographs to allow the buyers to imagine themselves living there. 


3. Choosing The Wrong Realtor 


Choosing the realtor who tells you the highest asking price isn’t always the best strategy. Some good questions in mind when interviewing agents are: 


Can this agent explain to you all aspects of the selling process? 

Does she/he have a good grasp of the market? 

Does she/he have access to a large pool of buyers and a marketing plan to attract them?

Are they familiar with the area? 

Can they help mitigate risks? 


Yes, selling price is important but there are other home-selling goals that should also be considered while choosing who to work with. 


4. Avoid “Hard Selling” During Showings


Selling a home is an emotional and stressful decision, buying is no different. Allow your home to speak for itself when potential buyers are walking through it. No need to point out every improvement you’ve made or pressuring for a sale. 


Good realtors let buyers discover the home for themselves, only pointing out features they’re sure will be of interest and being receptive to any questions the buyers might have.


5. Lookers Vs. Buyers


Although we’d like every person who is going through our home to be a potential buyer, it’s simply impossible to ensure that that’s the case. 


That’s where your realtor comes in. An experienced realtor is trained to separate the two. Realtors should usually establish a potential buyer’s savings, credit rating, and purchasing power. If your realtor hasn’t looked into a buyer’s financial background, you should take the time to investigate. This will save you valuable time in marketing toward the wrong people.


6. Limiting the Marketing and Advertising of the Property


A good realtor and brokerage use multiple forms of marketing to get your property seen by potential buyers. When you hire a realtor, they should commit to selling your property, making the effort to distinguish your home from the hundreds of other homes on the market and finding unique avenues of potential buyers.


7. Being Unaware of Your Rights and Responsibilities


Find yourself a realtor that will help you understand your rights and responsibilities. Here at J. James Bousquet Realty Inc., Brokerage, we like to think of ourselves as guides during the buying and selling process. Real estate contracts are often complex, therefore it’s essential the realtor you’re working with takes the time to make sure you understand exactly what you’re signing. Contracts are legally binding, without having an experienced realtor or lawyer - who has your best interest in mind - help review could cost you thousands in repairs and inspections. 

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New property listed in Gore Bay
I have listed a new property at 25 Phipps in Gore Bay.
Great investment opportunity with a solid, potentially long term tenant. Currently in the 3rd month of a 5 year extension, with an option for 3 additional terms of 5 years each. Triple Net Lease reducing Landlord risk. The listing agent will provide a summary of lease details after completion of a Confidentiality Agreement (OREA form 560.) (id:2493)
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New property listed in Tehkummah
I have listed a new property at 488 Micheals Bay in Tehkummah.
57 Acres close to Micheals Bay. Access via well established road allowance off Micheals Bay Road. Tiny home included with attached deck making this a perfect retreat. Cottage is a stack log building in need of repairs. Drilled well on the property is in unknown condition. (id:2493)
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New property listed in Little Current
I have listed a new property at 134 Hayward in Little Current.
New build in a desirable up and coming subdivision in Little Current. This 3 bedroom, 2 bathroom home with attached garage, is located in the small town of Little Current close to all amenities. Home is well built with ICF foundation, high efficiency furnace / AC. Basement offers full height ceilings finished with drywall and rough in for a possible third bathroom. Why buy a home that needs work, when you can have the peace of mind of a new build. (id:2493)
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New property listed in Sheguiandah
I have listed a new property at 2342 Bay Estates in Sheguiandah.
Year Round Executive waterfront home located in desirable Bay Estates. The upper level boasts vaulted ceilings, 3 Bedrooms, 2 Bathrooms and a full deck with views of the La Cloche mountains. Main floor kitchen has custom oak cabinets with plenty of space for all your culinary needs. Walkout basement offers a two bedroom 1 bathroom second dwelling with the possibility of a rental income or in-law suite. Detached two car garage will satisfy your storage needs. (id:2493)
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.