One Good Earth Blog

Montreal Real Estate Market Update May 2018 The Montreal real estate market update for May 2018 shows we continued to set a new sales record.  The biggest news is the continuation of a tight supply of inventory which has directly impacted sales. "The number of properties for sale continued its downward trend. In May, there were 24,501 active residential listings in the Centris system, which represents a 16 per cent drop compared to one year earlier. "The number of condominiums for sale in the Greater Montréal area fell by about 22 per cent in May. A drop like this has not been seen in nearly 15...

About That Condo You Are Moving Into Inspecting condos is part of what I do.  As such, I find that many who decide to purchase a condo do so without full knowledge as to how a condominium operates and how you are affected by its governance.  So, here is some information I would like to share with you so that you enter your new digs with eyes wide open. A condominium or condo is a type of real estate ownership which consists of both commonly owned and privately owned areas.  The Co-Owners Association is the collective body formed by the constituent owners...

Bidding Wars In Montreal Fact or Fiction Bidding Wars In Montreal Fact or Fiction According to the QFREB, Montreal CMA is currently the only province that's in firm seller's market territory. Sales transactions are up while inventories are down, giving sellers somewhat of an upperhand in negotiations. The chart of where sales are happening over asking by region. Chart Source via: QFREB How much or what percentage did buyers pay over asking: Sales price percentage over asking by region, chart source via: QFREB "For single-family homes, several municipalities in the West Island stood out , such as Pointe-Claire (31 per cent), Kirkland (26 per cent), Beaconsfield...

Mold Loves Humidity In general, mold loves humidity! Humidity levels in your home should be between 40 to 60%.  More specifically, between 20 and 40% during the winter months and less than 60% during the rest of the year. This percentage reflects the amount of moisture in the air. However, checking your humidistat level is not enough in maintaining a healthy indoor environment. Humidifiers contain water and as such, are a potential place for microbial growth.   Many homes have a humidifier attached to their furnace which releases humidity during the heating season.  There is a waterline that feeds the humidifier when...

Montreal Real Estate Prices Montreal real estate prices vary across the many different neighborhoods in the Greater Montreal area. The sales data and market place can vary as greatly as an areas style of architecture. Within Montreal, there exists many micro neighborhoods and markets.  Although our general market reports cover the overall sales in the GMA, the devil is always in the details. Housing styles and prices are unique to each region and cannot be compared. For example, single family homes in the urban Le Plateau are entirely different and not comparable to the suburban town of Hampstead. Condos in Old...

Trust Is Gold Whenever I find myself in doubt, I hear my father’s booming voice, “Honesty is the best policy”.      Like in most fields and or specialties, what we knew when we started and what we know now is a reflection on the things we learn along the way.   We learn from the continuing education in our related fields of expertise and we also learn from the ongoing hands on work experience.  This invaluable combination hones our skills enabling us to provide a valuable service to our clients. As an inspector, we are trained to detect things that are not right...

Inspecting A Home As A System When inspecting a home as a system, we need to understand that these components are part of a system.  Plumbing components for example, could affect the roof negatively if the vent stacks for plumbing that travel through the ceiling, into the attic and out through the roof, are not sealed and or insulated properly.   Let’s say we are in the middle of winter and heat is escaping into the attic through an improperly sealed venting stack.  The warm air comes in contact with the cold attic air and forms condensation.  The condensation will accumulate into...

Montreal Real Estate Sales Up 10% Montreal real estate sales were up 10%.  The most recent statistics record 5,432 residential sales in April 2018, which is 10% higher than April of last year. This is the best April since 2010, and Montreal’s 38th consecutive monthly increase in sales. The South Shore led the way at 15%, followed by 13% in Saint-Jean-sur-Richelieu and 12% in Laval with sales on the Island of Montreal showing an increased of 6%. While both plexes and single family homes enjoyed a sales increase of 6%, it was condominium sales that performed the best in April, with an 18%...

Sustainable Homes on the Desert Mesa of New Mexico Sustainable homes on the desert mesa of New Mexico takes a peek at an alternative way of living.  In the desert of New Mexico, a group of homes jut out from the landscape, resembling something from a science fiction novel.  These unusual but interesting constructions referred to as “Earthships” are passive solar houses, and are the brainchild of architect Mike Reynolds. Devised originally in the 1970s, they are designed to be almost completely self-sufficient not relying on the use of any electrical grid, water lines, or municipal sewage system.  Instead, these home collect rainwater, and...

Montreal Public Transit Guide Bus And Train Info Montreal public transit guide - bus and train info will help you find the nearest train station to your destination or which bus station is closest to home. You'll also be able to see which alternative lines can also get you to your destination or how far the walking distance is. From when does the last train of the day depart to when the first bus line starts operating. When thinking of purchasing a property, check in real time, the public transport options. Get all the info you need in advance.   (function(d, s, id) { ...

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