Podchaser Logo
Home
Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Released Thursday, 12th November 2020
 1 person rated this episode
Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Condo Market Update - Condo Mortgage Questions - Sample Condo Building - EP: 140

Thursday, 12th November 2020
 1 person rated this episode
Rate Episode

Visit our new podcast home page at https://audio.winnipeghomefinder.com   In this episode we will give you the condo market stats for the past month, what makes condo mortgages different from house mortgages, and a look at one condo building in the south end of Winnipeg.   

Winnipeg Real Estate News 

  Available condo listings are down from last year, while sales are up.  Not at the same rate as houses in Winnipeg, but still an increase in activity against a backdrop of lower inventory levels.  

Phone call with Mortgage Mike 

If a buyer is pre-approved for a $250K house, can they just go and buy a $250K condo?  Not so fast....condo mortgages have a few unique requirements.  We need to consider the condo fees, whether the condo building is an apartment-conversion and whether the condo is self-managed.

Find Mike at https://boknows.homes/IVjg2j

Spotlight on Local Business 

 Whether you're buying or selling, a house or a condo in Winnipeg, you will need a real estate lawyer.  I recommend Brad McClelland of McRoberts Law Office.  Here is a link to his website   Go to https://boknows.homes/b99b3d30  

Spotlight on Tower 180 Condo in St Vital 

180 Beliveau Rd is the location for a condo known as Tower 180 Condos.  Originally built as an apartment block in 1970, it was converted into condos by A&S Homes in 2014. 1 and 2-BR suites, priced bet 160-220k.  Generally about 20K to $40K below the price when they were new.   See more details on this building here  https://boknows.homes/6afb3270   Here is my post on Condo Fees vs. House Expenses   For more real estate info, check my blog at https://blog.winnipeghomefinder.com

Never miss an episode. Install our FREE Podcast App available on iOS and Android.
For your Apple Devices, click here to install our iOS App.
For your Android Devices, click here to install our Android App.

Check my videos on Youtube

 

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features