Selling a vacation home or cabin in Manitoba is different from selling a typical residential property. A recreational property may have waterfront, seasonal access, a private road, well and septic systems, a dock, boat lift, cottage association, rental use or even a leasehold arrangement instead of conventional titled land. Buyers are often purchasing a lifestyle as much as a property, so location, privacy, access, waterfront and recreational features can have a major impact on value. If you're thinking about selling your Manitoba cabin or vacation home , understanding the property, gathering the right documents and developing the right pricing and marketing strategy can make the process much smoother. Freehold or Leasehold: Know What You Own One of the first questions to answer is whether you own the land or have a lease or other interest in the land. A freehold property generally involves ownership of the land and improvements, subject to the applicable title and legal ar...

Buying a condominium can be a great option for first-time home buyers, downsizers, retirees, investors and people who want homeownership with less exterior maintenance. But buying a condo is different from buying a detached house. When you purchase a condominium , you are not simply choosing a unit based on its kitchen, bedrooms, location and purchase price. You are also buying into a condominium corporation and taking on a share of the responsibilities and costs associated with the property. That means condo fees, reserve funds, special assessments, insurance, bylaws, parking, pet restrictions, rental rules and the condominium corporation's finances can all affect your ownership experience and potentially the future resale value of your property. If you are selling a condo in Winnipeg , these same factors can influence how buyers compare your property with other units and how your condo should be positioned in the market. What Is a Condominium? A condominium is a form of...

When a parent decides to leave their longtime home and move into assisted living, a retirement residence, a condominium, a life lease, or another type of supportive housing, the entire family can face a major transition. There may be decades of belongings to sort through, moving arrangements to make, financial decisions to consider, and one important question: What should we do with the family home? For many Winnipeg families, selling the property becomes an important part of the transition. But selling a parent's home can be different from a typical real estate transaction, particularly when the home has been owned for decades, needs updating, or several family members are involved. You do not need to have everything figured out before speaking with a REALTOR®. This guide covers the important things to consider when selling your parents' home in Winnipeg and how to make the process more organized and manageable. First: Who Has the Authority to Sell the Home? ...