Buying your first home is one of the most exciting milestones in life - but it can also be overwhelming. With rising property prices, strict lending rules, and complex processes, many first-time buyers in Winnipeg wonder how to make homeownership a reality. Fortunately, there are several federal, provincial, and local programs available in 2025 designed to help ease the financial burden and open doors to your first home. Whether youโre buying a downtown condo or a suburban family home, this guide will walk you through the most relevant benefits and programs for first-time home buyers in Winnipeg . 1. First-Time Home Buyer Incentive (FTHBI) What is it? The First-Time Home Buyer Incentive is a shared-equity mortgage program from the Government of Canada. It allows eligible buyers to borrow 5% or 10% of a homeโs purchase price from the government to reduce monthly mortgage payments. Key 2025 Updates: Income eligibility has been increased to $150,000 . Maximum mo...
Thinking of selling your home in Winnipeg in 2025? One of the most common (and important) questions sellers ask is: โHow much is my home worth?โ Whether youโre planning to upsize, downsize, or relocate, knowing your homeโs value I can help you price it right, attract more buyers, and sell faster. In this guide, weโll walk you through how home value is calculated, what affects it, and how to get an accurate evaluation in todayโs Winnipeg market. 1. What Determines Your Homeโs Value? Your propertyโs value is based on a combination of factors, including: a. Location Homes located near parks, schools, shopping centres, and transit routes tend to command higher prices. In-demand neighbourhoods like Sage Creek, Bridgwater, River Heights, and St. Vital are especially attractive to buyers in 2025. b. Size and Layout Square footage matters, but so does functionality. Open layouts, finished basements, and extra bathrooms add value. c. Condition and Upgrades A well-maintain...