Willmott Ruhler Newsletter - JAN 2014 VOL. 4

Ruhler The Willmott

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Cover Photo Courtesy of: Julie Rock Photography www.photographybyjulierock.com

Real Estate Sats Top Sellers

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2013 Real Estate Stats Get the low-down on your local HVOTP real estate activity - statistics made simple.

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2013 - Year In Review Some memorable moments in Milton last year

20 in t 0 he N H EI V w G O w H TP w.

BO U FAC RS E AN BO D OK G G .c RO R om W OU IN P G !

January 2014 - Volume 4

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Over 15,000 homes in Milton went without power from the ice storm, some for well over a week!

December The Milton Santa Claus Parade took place, with over 60 floats and an extended route to accommodate the growing 80-year tradition.

November

The end of the 2013 Farmers Market; another successful year! Don’t miss out next year, it starts in May 2014.

October HVOTP Street Party! An afternoon of food, and fun with a bouncy castle, games and music - a special thanks to the Milton Fire Department for supplying a fire truck!

Proceeds from the event were donated to the Milton District Hospital Foundation.

September

The grand opening of the Toronto Premium Outlets and completion of Jean Vanier Catholic Secondary School.

August

The first Milton Stands Strong Against Bullying (MSSAB) event at the Milton Fair Grounds

July

Construction of the Milton Velodrome began

June

May Wilfred Laurier pre-budget was released, calling for the Province to approve the much anticipated Milton campus in it’s budget. This is just one of many developments slated for the 400 acre neighbourhood named the Milton Education Village (includes the Velodrome) March 2nd annual Family Day fair at the Milton Fairgrounds featured a midway, petting farm and demolition derby with a delicious pancake breakfast!

January

The Willmott Ruhler • January 2014

Milton native Commander Chris Hadfield landed safely after 146 days on the International Space Station April

It was a zoo at Target! The Milton location was one of the first to open in all of Canada!

February Miltonian, Travis Gerrits, jumps to silver medal in World Cup Aerial’s competition

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HVOTP Real Estate Update It was an interesting year for Real Estate in Milton and it's newest community, Hawthorne Village on the Park (HVOTP). Statistics are often difficult to understand and to put into perspective, however there is usually some underlying commentary that can support and explain what has happened. Here's a quick look at what happened in HVOTP in 2013.

With a 22% increase in homes sold for the year vs. 2012, HVOTP lead the way with increased demand as purchasers continued to seek it‘s desired amenities and location.

Of the 2080 sales in Milton for the year, 220 occurred in HVOTP. Townhomes out sold the detached homes with sales of 130 and 90 respectively at an average selling price of $451,000 and an average list price of $472,000, representing a 95.6% list-to-sell ratio, down from 98.1% in 2012. These results were affected by several homes in the community that faced multple price reductions, longer selling times and ultimately selling below market value, a typical result of over-pricing. See back page for one of our examples.

Homes for sale in HVOTP sold after an average days on market (DOM) of 23. These results are up slightly from 21 days in 2012 but remain much lower than neighbouring cities such as Oakville with an average DOM of 31. The reason is quite simple, this community is in high demand; schools, parks, trails, the up-coming plazas and attractive pricing make it a desirable location.

Cavanagh Lane held strong most of the year and finished as the street with the most activity and sales. This wonderful street, filled with Village and 2-storey townhomes and in close proximity to Leiterman Park, welcomed 8 new owners.

The most expensive home to sell in HVTOP was a Mattamy "Sunflower" on a 50' lot which sold for $852,000. The least expensive home to sell was a Mattamy "Currant" Village home that sold for $304,900.

It is clear that this community is still a highly sought area and we don't see this letting up in 2014. With a wide variety of prices, types of homes, sizes and features, we expect another increase in the coming year.

We made a note to visit every home that was listed for sale in our community and found that nicely decorated and staged homes sold quicker and realized higher selling prices. Amongst our buyer-clients there were many common upgrades on their wishlists; hardwood floors, granite countertops, all-wood staircases, trim upgrades and lighting upgrades were ranked high on their “must haves”.

Living in and specializing in this community has been a pleasure. Thank you for making us your preferred Real Estate agents for Hawthorne Village on the Park. We are always happy to answer any questions you may have related to real estate or your community.

Wishing you a Happy and Prosperous 2014!

Ariel Kormendy | Adrian Trott Realtors The Kormendy Trott Team Century 21 Miller Real Estate Ltd.*

2013

TEAM

Your Neighbours on Whewell Trail

*** Statistics collected from the Oakville and Milton District Real Estate Board and the Toronto Real Estate Board based on sales from January 1st, 2013 to December 31st 2013.

January 2014 • The Willmott Ruhler

real estate done right

OfďŹ ce: (905) 845.9180 Ariel**: (647) 464-0958 (direct) Adrian**: (416) 707-8401 (direct) sales@kormendytrott.com www.kormendytrott.com

2013

TEAM

What is real estate done right?

DEFINITION OF PROFESSIONAL: A person who is paid to undertake a specialized set of tasks and orchestrate them with uncommon skill.

Look at a recent example below of a home we sold in your neighbourhood and 2 comparable models. Each of these homes were sold within a 2 month period and all of them were the same model (Mattamy 34-foot lot Plan 3).

Hardwood Floors Bedrooms Oak Stairs Granite Counters Asking Price Selling Price Days on Market

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479,900 480,000 1

456,000 457,000 16

3

4

3

X

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499,900 473,000 40

O CO

M

IN

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SO

AS ED LE

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For more reviews or to speak with Rachelle and other clients of The Kormendy Trott Team first-hand, contact us for references.

real estate done right is about being a PROFESSIONAL Realtor.

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As someone who had intended from day one to sell my house on my own, I was amazed that after meeting Adrian and Ariel, I immediately changed my mind. They are immensely knowledgeable about the current market and are very in touch with what buyers are looking for.

They did such a fabulous job of staging my home that I told them that they should have decorated it in the first place! They are using innovative technological practices to help engage buyers and their attention to detail in the print and online materials is phenomenal.

They immediately made me feel at ease and were so helpful throughout the entire process of selling my house. It was easy to reach them if I had any questions and they would return my call right away. They went above and beyond what I would expect from a real estate agent, to the extent that they even offered to pop over to let my dog out when they knew I wouldn’t get home in time. These guys really care about their clients and I truly believe that they had my best interests in mind. It is often all to easy to lose sight of the personal touch that comes along with working as a team with professionals, but I am immensely glad that I not only decided to go the route of using agents but that I chose two of the best agents out there.

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Review: By: Rachelle Di Palma

RECORD SELLING PRICE! 471McJannettAvenue.com

LEASED IN A FEW DAYS! BristolOnMain.com

SOLD IN 12 HOURS! 953WhewellTrail.com

Thompson & Main 2-Storey Town w/ Finished Bsmt, 3 Bed, 2 + 1 Bath

Not intended to solicit those currently under contract with another brokerage. *Brokerage independently owned and operated **Sales Representatives