The above graph offers a picture of these trends over time. Condominiums appear to be the late-2021 feature in Westmount real estate, which may have something to do with the lack of supply in the housing market. Though prices are easing off somewhat, it may be that buyers are settling for apartment or duplex-type living rather than pay out the prices being asked for local houses. Eight single-family dwelling sales in December rounded out the calendar year for Westmount real estate, but another two condo sales that month brought the total for the fourth quarter of 2021 to 19 sales, a record hi ..read more

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January Sales: Turning the corner The normally-slow January in Westmount real estate repeated itself this year with seven sales of single-family dwellings and one duplex drawing an average price of $2,953,500 and a median of $2,700,000, including only two sales under $2 million with the lowest reported price at $1,918,000. The market appears to be turning the corner, however, as four of the eight sales took less than three weeks to sell — at least one going for $100,000 more than the asking price and another selling for 2.5 times its municipal valuation. The latter sale pulled the average mark ..read more

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Image via Pexels Improving your home is never a waste of money. Remodels and upgrades increase the value of your house, but more importantly, they afford you the opportunity to fully enjoy your home while living in it. Some improvements are simple and you can do them on your own, But most significant improvements require help from professionals. Here, McGuigan Pepin Realties suggests a few areas of your home to consider remodeling, along with some perks associated with upgrading. The Kitchen Kitchens quickly become outdated and disorganized. Especially for resale purposes, remodeling and mode ..read more

With a company of more than 18,000 agents strong, one of the major benefits of belonging to Royal LePage is the ability to network.  Meeting with peers in-person, or connecting by phone, email and/or social media allows you to share ideas, make lasting friendships and connect for referrals ..read more

Volume remained strong but the raw average house price in Westmount actually dipped below $2 million in October, as 13 sales agreements were posted by local agents who reported an average price of $1,966,154, the first time the average price has been less than $2 million since April, 2020. The October sales averaged 28 percent higher than municipal valuation, the lowest average mark-up since May, but once adjustments are made for extreme sales, the average adjusted price appears to be holding its own. For a house with an evaluation of $1,936,000, the statistics tell us, owners might expect to ..read more

Image via Pexels Purchasing a house is a milestone for any individual or family. While it starts an exciting new chapter, however, the whole process can seem daunting. And in a time when homes are going for higher list prices than in the past, buying a house may feel especially overwhelming as well as pressing. Though it’s challenging, however, you can close a deal on the right home for you and your family if you take the time to prepare and you make smart decisions along the way. McGuigan Pepin Realties has broken down the process into seven steps: 1. Evaluate Your Finances Your credit score ..read more