What The Heck
/There is no doubt that the market is changing. Rural properties with acreage, and waterfront cottages and homes, continue to attract a huge number of visitors, and to sell for astronomical amounts. In recent days a property twenty minutes north of the city received 24 offers, and a home/cottage on a popular lake received fourteen. As I write this, the sale prices haven’t been published. I’ll add them when that changes.
But the story is a little different downtown, and especially, it seems to us, north of Princess. In recent weeks we’ve seen well-priced properties sell for below the asking price, and the occasional good home attract no offers at all. Six weeks ago that would have been an impossible dream. And it may just be a blip - something to do with the messed-up weather, or vaccination schedules, the possible imminent lifting of the lockdown - but it is a curious turn of events, and lately we’ve been scratching our heads rather than wiping the sweat from our brows.
16 Cowdy St is one of those houses. A detached downtown home with a lovely garden and garage should really attract hordes. We’ve sold lesser houses in recent months for more money, lots more money. But for some reason that hasn’t happened here. We have some thoughts on what might be happening to the market, and in a few more days we’ll expound on those. But in the short term we think there’s a real opportunity here for someone wanting into the Inner Harbour neighbourhood at a reasonable price, and without the agony of the blind bidding process (more on that soon, too). You’re a short walk from McBurney Park and Daughters General Store. You’re five from the Elm and ten from Doug Fluhrer Park. There’s no way in the world those things have suddenly lost their charm. We think maybe you should call us and we can talk about it. We’ll show you around, if you like, and we think you will.