The Halifax waterfront was buzzing today! With record heat
it was a carnival atmosphere all along the boardwalk!
The Clipper round the world race just finished its New York to Halifax leg and the boats are
In town for 4 days. Quite an impressive Site!
With 10 teams - Each displaying it's Stop-over port .
Team Nova Scotia under sail .
Hull & Humber - Recently clocked 29knots at one point during Leg!
Must have felt like a runaway 68' Freight Car!
Just one more World Class attraction on Halifax's Waterfront. Making it one more reason its why people
want to move here! - www.homesearchnovascotia.com
Masons Point , Indian Point - Places that had spotty sales in recent years. Well -things have turned around!
Masons Point for one has enjoyed 4 sales in the past months and the craigview shore and peggy's cove rd. have
seen the same in May!
The bench mark for the average 10 yr old home seems to sit at +- $580,000 -$595,000 . There are very little left on the market now, and it seems the average vendor is still apprehensive about selling. The sales are below their feel for what their home should be worth.
I can't see oceanfront homes increasing in value before mid-2009 . And if your willing too wait and do the improvements--- 7- 10 years should reap you around a cool Million.
But if your thinking of selling anytime soon you will still get a fair value.
PS - Check out my website at -- homesearchnovascotia.com
It is currently under construction.
I was recently out taking pictures for my website homesearchnovascotia.com
If you travel south towards Peggy's Cove you come to a number of lefts you can take. The first being
Terence Bay. An old fishing village that is still operating as one today.
Here is the view looking East.
Hard to believe its just 20 minutes to a major city like Halifax!
Down the next road is Prospect Bay. Its just like sitting right off the North Atlantic!
Imagine what this little village is like during a hurricane!
Houses out here on the Ocean routinely sell for $300,000 .
If your a seller on the ocean than this is the year to jump in and join the crowd! 2 major sales in the last week! And one midrange . These properties sat for 2 years at Prices $50,000 - $100,000 more and finally they are reasonably priced. The influx from Alberta seems to be making a difference !
Land should move this season as well because new construction is all the rage. Bungalows are very popular with the people coming in. Open spaces with lots of windows seem to be a hit.
St. Margaret's Bay and it's closeness to Halifax will make any purchase pay dividends. I have ideas that things will basically double in the next 10 Years!
My new web site is at homesearchnovascotia.com
Why not check it out!
Well! As I see it ,after sitting on the sidelines for this particularly horrible winter. Taking the time to access all the MLS data. The homes that sat most of last year and the year before are finally settling out at prices In the mid to high five hundred thousand range. And I can say they all will sell this season -with out a doubt.
I sifted through my buyers this week and re-visited them all. They will all buy this season and that will create a need for new blood! So to speak. New homes to put for sale ,and in a tested market! For once! You will be able to create a CMA for a property and have some sense of security in knowing what it will indeed sell for. Based on the comparables.
It will be a year of reflection for those properties that are truly overpriced and need to come in line or else face another year of painful rejection.
Land should do well this year ,for new construction is the one bright light were it will fetch more dollars than regular homes. -Especially if the finishes are done with Quality in mind!
Allen Heights , Mason's Point , Sheeps head Island, Indian Point and Mariner's Anchorage will do well with their proximity to the city but the older ,outdated homes will still lag!
I look forward to good weather and Spring-like conditions and dealing with all my clients this season!
All the best!
Paul can be reached at 902-499-2950
Why not check out my new website at homesearchnovascotia.com
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Specializing in Ocean properties and Condos. Licensed in 94' . Concentrating on the influx of people retiring here. Specialized knowledge of Nova Scotia Coastline.
Why work with me? The word "experience" comes to mind. How about local knowledge?
I work with Guaranty GMAC Real Estate in Halifax. You can reach me at 902-457-4000
My website is www.homesearchnovascotia.com
Want to buy Oceanfront in Nova Scotia? Especially the Halifax / South , St. Margaret's Bay , Chester Basin areas? Well then. You have come to the right place! I follow current properties available on the Ocean 3-5 times a day. I know what is priced right and what property owners are on fishing expeditions. With my Yachting background, I know what is good waterfront. Charts showing navigable channels and Water depths are standard when you buy or list with me.
I also work condominiums. Check out my website at www.homesearchnovascotia.com
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Would you like some testimonials? Contact me and I will give you a list of happy customers
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