When most people think about selling their home, the first question is usually: “What price will I get for it?” But the equally important question is: “What will it cost me to sell?” In Winnipeg, selling a property involves more than just accepting an offer - there are commissions, legal fees, mortgage penalties, and other expenses that can impact your bottom line. Here's a detailed breakdown of the typical costs you should know before putting your home on the market. 1. Realtor Commission Fees (3% – 4.5%) Commission is usually the largest cost in a home sale. In Winnipeg, commission rates generally range between 3% and 4.5%, depending on the services offered and the agreement with your realtor. Example at 3% Commission If your home sells for $400,000 at 3% commission, that equals: Commission: $12,000 GST (5% on commission): $600 Total: $12,600 This fee is typically split between the listing agent (who markets and negotiates the sale) and the buyer's age...

When it comes time to sell your home, preparation is everything. The Winnipeg real estate market is competitive, and buyers often decide within minutes whether your home feels like the right fit. As a local realtor in Winnipeg , I've seen firsthand how proper preparation can boost the selling price, reduce time on the market, and attract serious buyers. Here are my top tips to prepare your home for a successful sale: 1. Start with Curb Appeal First impressions matter. The exterior of your home is the very first thing buyers will see. Freshen up your front door with a new coat of paint. Clean up landscaping, trim bushes, and mow the lawn. Add seasonal flowers or planters to make the entrance welcoming. Even in Winnipeg's long winters, a clear driveway and walkway go a long way. 2. Declutter and Depersonalize Buyers need to imagine themselves living in your home. Remove personal photos and keepsakes. Keep countertops clear and organize closets. Consider ...

If you're planning to buy a home in Winnipeg, one of the first questions you'll ask is: “How much will it really cost me?” The truth is, purchasing a home involves more than just the listing price. From the down payment to land transfer taxes, legal fees, and ongoing expenses, it’s important to know exactly what to expect before you start house hunting. As an experienced realtor in Winnipeg , I've helped many first-time buyers and families understand the full breakdown of costs so they can budget with confidence. Let’s dive into the real numbers and hidden fees you should be prepared for when buying a home in Winnipeg . 1. The Purchase Price The most obvious cost is the home's selling price. In Winnipeg, prices can vary significantly depending on the neighborhood and property type. Starter homes or condos may range between $200,000 – $350,000. Detached family homes often start around $350,000 – $500,000. Premium neighborhoods or new builds can exceed $600,0...

Introduction In a major affordability boost, the Canadian federal government announced on May 27, 2025 a sweeping GST rebate that effectively eliminates the 5% federal GST on the purchase of new homes priced up to $1 million for eligible first-time home buyers . This is not just a partial refund - it’s a full exemption of GST up front for most first-time buyers on new construction. What Is the New FTHB GST Rebate? Full 5% GST exemption on new homes valued at $1 million or less (savings of up to $50,000). Partial exemption for homes valued between $1 million and $1.5 million - rebate phases out linearly so a home at $1.25 million would qualify for about a 50% rebate (roughly $25,000). No rebate on homes valued at or above $1.5 million .  Who Qualifies? To be eligible, buyers must meet common-sense criteria: Be 18 or older, a Canadian citizen or permanent resident. Have never owned a home - in Canada or abroad - in the current year or the four previous years (inc...

Selkirk, Manitoba is quickly becoming one of the most desirable small cities to live in just outside Winnipeg. With exciting new subdivisions, mixed-use projects, and builder-driven communities taking shape in 2025, now is the perfect time to explore what’s new in Selkirk - whether you’re a first-time buyer , investor, or planning to sell . Here’s a closer look at the top new developments in Selkirk that you should definitely know about. 1. Aspen Creek Trails by Skylark Homes Ltd. Located in Selkirk's growing West End, Aspen Creek Trails is one of the city's most exciting new residential developments - and Skylark Homes Ltd. is leading the charge with a diverse range of housing options to suit every lifestyle. As the builder representative for Skylark Homes, I can personally help you navigate this fantastic opportunity. What’s Available: Single-Family Bungalows & Two-Storey Homes Side-by-Side Bungalows & Two-Storeys Duplexes with Legal Secondary Suites (...

When it comes to investing in real estate, one of the most common questions homebuyers and investors in Winnipeg face is: “Should I invest in a condo or a detached home ?” Both property types have distinct advantages and disadvantages, and the right choice depends largely on your investment goals, lifestyle preferences, and budget. This article explores the pros and cons of each option to help you make an informed decision. 1. Initial Investment and Affordability Condos: Condos are generally more affordable than detached homes. In Winnipeg, the average condo price tends to be significantly lower than a single-family home, making it an attractive option for first-time investors or buyers with limited capital. Pros: Lower purchase price Easier mortgage qualification Lower property taxes Cons: Monthly condo fees Potential for special assessments Detached Homes: Detached homes usually require a larger upfront investment but offer more privacy and land value. The...