Queens County, PE Real Estate News

By Trevor Murray, Real Estate PEI
(EXIT REALTY PEI)
47 Horseshoe Blvd - A Delightful Surprise this Beautiful home may be exactly what you looking for,Open concept design makes this spotless home very inviting,seeing is believng,you also have a proper In-Law suite everthing on ground level no stairs easy access,2 homes for the price of one!! Phone 902-394-4037 Today or email: sold@trevormurray.net View More Details: http://www.exitrealtypei.com/details.php?id=59
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By Trevor Murray, Real Estate PEI
(EXIT REALTY PEI)
Lower Malpeque Road : $24,975 A large .58 acre lot located minutes from all major amenities. This lot is perfect for a back split or any other home design that can utilize the beautiful back yard. Build your home here, family living, schools within minutes, baseball field + new soccer complex in the area. This lot even has it's own stream in the back year. Size 130`X265`X180`. All measurments are approx. MLS® # 09047342 View More Photos: www.trevormurray.net Call Trevor Murray 902-394-4037 EXIT Realty PEI  
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By Trevor Murray, Real Estate PEI
(EXIT REALTY PEI)
The average home sold for $155,000 in 2009 it increased from $141,200 in Oct. 2008. Other provinces through out Canada are also on the rise. I feel this increase in the average home sale is happening today in the Prince Edward Island Real Estate market, because there is a lot of older homes and property that is not selling, and the new home sales with the big price tags are selling so this drives up the average price in the market. I will keep you all posted as the new year is fast approaching. Visit www.trevormurray.net for new listings and open house schedule Prince Edward Island.
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By Carol O'Hanley
(Coldwell Banker Parker Realty)
Are these a thing of the past?  Do agents still send these to clients?  How many per year and what do yours consist of?  Do you do them yourselves or pay someone to do them? In the past, I made our newsletters myself and we would send them out four times per year.  Since we are trying hard to "go green" - we would send them via email as much as we could and mail the ones we didn't have emails for.  It was our way of keeping in touch with past clients.   Do you find these to be effective or are they now a thing of the past?  What are your thoughts?
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By Carol O'Hanley
(Coldwell Banker Parker Realty)
I'm curious on other real estate agent's opinion on social media.  Are many agents using it and if so, are you seeing results?  I am currently on Twitter and I have a fan page on Facebook.  I also have an account on Linked In.  People say social media is the next big thing so I do think it's important to create a presence in these places but I haven't really seen any tangible results as of yet.  I often use these medias to post links to my blog, so I do see the increase in traffic to my site, but I have not seen any leads created from any of these medias.  I would be interested to hear other stories from agents who may have had some success from these mediums.  Do you think they are here to stay or just a passing phase?  How important is it to clients to have their agents up to date on ...
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By Living Spaces, Interiors, Local Support, Global Concerns
Anne Shirley of Green Gables is 100 - (2008) Yes that's right. Anne turned 100 this year. 2008 marked Lucy Maude Montgomery's Maritime classic series about the orphan girl with an enormous independant indomitable spirit always on the lookout for her 'kindred spirits'.   And I was there! Prince Edward Island was teeming with celebration this summer, with plays and Everything-Ann. The Legendary 'Green Gables'. (I almost drove right by! The sight was closed, but seeing was enough for me.)   Lucy Maude Montgomery lived in this quaint country house for a year while teaching in the area.  I didn't 'plan' on hitting the 'Anne' or Lucy Maude Montgomery sites, but happened on all of them along my drive. I also saw the house of Lucy Maude's birth - however as I previously mentioned, so much photo...
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By Adam Affleck
(Remax Charlottetown Realty)
AMAZING COUNTRY HOME MINUTES TO CITY! This amazing family home is the oerfect mix of country living only minutes to the city.Property features include:all new windows,renovated kitchen,seperate living and dining rooms,and a main floor office/study. Large lot and detached garage make this home a must to see. Electric hot water heater, new sub-well pump, insulation throughout. New second floor bathroom,shingles, sheathing,painting, flooring, hedgegrow program home with over 350 trees planted,new amp 200 service, steel roof and many more updates.This home won`t last long @ 225,000 so call Adam today @ 902-629-4997 with any questions or to set up a private viewing.All measurements are approximate. Directions TCH to Colville Rd (Route # 19) north to Clow`s Store, tirn left, property on left....
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By Kelly Lantz
(Century 21 Colonial Realty)
With all that is going on in the media regarding the economy and real estate, this question comes up frequently.  I thought I would compare the past few years in terms of listings and sales volume by month.  The data is for Residential Sales in the Greater Charlottetown Area, including Stratford and Cornwall, back to 2005.    While inventory is up and the sales volume is down, prices have remained fairly steady in this area.  It is interesting that June, July, and August sales were actually UP compared with 2006.  The charts provide a pretty clear picture of the trends in the past few years - click on the chart to enlarge them.     
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About Us:Welcome to REALTY ADVANTAGE, your source for CHARLOTTETOWN real estate.In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in CHARLOTTETOWN with my New Listings Notification.  If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation. Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction.In addition, if you have any general questions about buying or selling real estate in Prince Edward Island, please contact me as I'm more than willing to help.Please browse my websit...
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By Bryon Howard
(Remax House of Real Estate)
An old sea kayaking client and friend contacted me recently.He's got 9 different locations with approximately 60 lots ranging from one to 10 acres and with pricing from $50,000 (wooded) to $700,000 (prime white sand beach oceanfront). The average lot price is on the order of $150,000. He also have 3 homes, ranging from $349,000 (spectacular ocean view) to $549,000 (5 acres beach oceanfront). This is beautiful property ... and the prices are peanuts for the new wealthy of Alberta. I'll plan to visit a few of these properties when I'm home in June.
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By Kelly Lantz
(Century 21 Colonial Realty)
Would you purchase a home online?  Without ever seeing it in person?  Charlotte and I did a final walk through today on a house that will close tomorrow with our clients who were seeing their home "in real life" for the first time.  Our clients were from out of province and relocating back to PEI, so we spent the past few months working with them online to find the right home for them.  Circumstances on their end meant that they couldn't travel to PEI to view the house for themselves, but they wanted to have a house lined up before they arrrived.  They are a young couple with 3 children under the age of 4 (the youngest being just seven weeks, born on the day our offer was presented and accepted!).  We worked closely with our clients - virtual tours uploaded for them to view, working wit...
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By Adam Affleck
(Remax Charlottetown Realty)
The Opposition Progressive Conservatives on Prince Edward Island unveiled a plan Wednesday they say farmers need to help weather an economic storm.The multimillion-dollar Tory plan would waive farm property taxes for two years, provide rebates on diesel fuel and offer other financial incentives."Whenever you have a downturn in a sector it's the role of government to partner with that sector to work with them and weather a storm," said industry critic Mike Currie.Farmers with livestock have been facing particularly hard times. Feed prices are rising as grain is used for ethanol production. At the same time international competition is lowering prices for hogs and cattle. Hog farmers will face additional difficulty this month with the closing of the Island's hog plant.From 2002 to 2007 it...
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By Aldo Di Bacco
(ROYAL LEPAGE)
Charlottetown Lot, charlottetown, PE (edit/delete) 1.6 acres on the Upton Rd, West Royalty. Next to city park,close to schools,sewer and water connection, country setting five minutes from downtown.Set back from the highway with private lane.Build your dream home and have room for a pony or your own golf hole.Other neighboring land may be available. Sub divide or keep an investment. .All measurements are approximate. Now ONLY $69,000 Capital: Charlottetown Motto: Parva Sub Ingenti (The small under the protection of the great) Flower: Lady's Slipper Population(1998): 136,196 One of the four Atlantic Provinces, Prince Edward Island (PEI) lies in the Gulf of St. Lawrence, separated from Nova Scotia and New Brunswick by the Northumberland Strait.Rich soil and a temperate climate make Prince...
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By Aldo Di Bacco
(ROYAL LEPAGE)
LOCATION,LOCATION,LOCATION. This beautiful waterfront lot is located in a very desireable, upscale sub division in Strtaford.Restrictive covenants to protect your home`s value.Build your dream home here and enjoy the breathtaking viewsof the Charlottetown Harbour. Minutes to the city and all amenities.Call Aldo 314-ALDO(2536). All measurements are approximate. NOW ONLY $189,000Stratford is on of PEI's fastest growing towns with many new homes to choose from. This lot is located in an area that million dallar homes are in.   
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By Aldo Di Bacco
(ROYAL LEPAGE)
Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home. http://aldodibacco.point2agent.com/Buying/page_871456.htmlCongratulations!  You have decided to purchase a home, or are thinking about buying one.  You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family.  When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours.  Over time, your home will increase in value. In the following reports, you'll find the information you need to make a wise buying decision.  We'll take you through t...
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By Kelly Lantz
(Century 21 Colonial Realty)
I have been working as a sales assistant at Century 21 for the past 5 months.  I completed the real estate course and exam on February 8th, and last week was my first official week as a lisenced agent.  Normally I work with my mother in law, Charlotte Lantz but my first week was spent solo, as Charlotte left on February 11th for a well deserved vacation to see relatives in Buenos Aires.  Since Charlotte's departure, I have sold one house, submitted a new listing, and had agent duty 3 times, a very exciting first week as an official agent.  I would love to surprise her with a few new listings and / or houses sold by the time she gets home on February 26th.   Further impressing me with her technological skills, Charlotte emailed us this picture of Brodie standing in front of his cousins h...
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We are currently working with a number of clients who are moving to PEI from "away" and thought this information was worth posting: Provincial Taxation of "Residents" vs "Non-Residents" When selling to Non-Residents of PEI (a Non Resident is defined under Section 5 of the Real Property Tax Act as someone who has NOT lived on PEI for 183 consecutive days), Members should be aware that the provincial taxation rate will be approximately 50% more than "Residents", that is, someone who has resided here the requisite 183 Consecutive days.  This taxation rate for "Non-Resident" status continues if the party does not meet the above requirement.  If the party, once they move here, has resided here for 183 consecutive days and can prove it, they can apply for the Provincial Tax Credit which reduc...
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By Carol O'Hanley
(Coldwell Banker Parker Realty)
We recently visited Pigeon Forge, Tennessee. We rented a log cabin in the mountains and loved it.  During our visit, we were convinced to attend a free breakfast and 90 minute presentation on time shares at Westgate in Gatlinburg.  (It ended up being a 180 minute presentation).  We were given $90 to go listen and we were curious as to how people sell in the United States.We were shocked at the number of people who bought into this!  It just didn't make sense to us but we don't vacation like most other people.  We like to be away from the crowds and any sort of "resort" is just not our style.  But to buy something like that after an hour presentation...seems so crazy! Is it really this popular in the United States to buy time shares?  Are we missing something important here???  We just d...
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By Adam Affleck
(Remax Charlottetown Realty)
The Charlottetown Transit system will expand into Stratford this year as the town goes on a growth-fuelled spending spree.Stratford, just across the Hillsborough River from Charlottetown, is P.E.I.'s fastest growing community, and while many municipalities are tightening their belts this year due to a provincially imposed property assessment freeze, Stratford is finding the money for two buses and a new police officer."They were both big priorities; both issues are really important to the development of Stratford, to maintaining a safe, effective community - an accessible community," said Mayor Kevin Jenkins."We found a way to bring them both into this year's budget."Stratford council made the announcement at its meeting Wednesday evening. Contributing to the Charlottetown transit syste...
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