Recent Blog Posts by CENTURY 21 Colonial Realty Inc.

The Next Real Estate Course

Some of you may have given thought to taking the PEI Real Estate Association Pre-Licensing Course with the goal of a career in real estate, but the reality is that you couldn't take time out from your present obligations to do the course during regular business hours. The PEI Real Estate Association has recognized this obstacle and has tentatively scheduled the next course to begin on Saturday, May ...

Free Moving Truck for All Our Clients!

We are excited to announce another reason to choose Century 21 Colonial Realty for your real estate business! We are offering a Client Courtesy Moving Truck for your use when you buy or sell with us! This is a 16 foot truck that can handle almost any move! We know that there are many details that need to be looked after when you are moving out of or into a home. Let us look after this one ...

The 2012 Century 21 Colonial Realty Spring Shredathon!

Everyone has information that needs to be disposed of in a safe, secure manner. Saturday, May 12th, Century 21 Colonial Realty partnering with RCMP "L" Division Commercial Crime and Green Isle Environmental Inc. will destroy the documents that could harm you if they fell into the wrong hands. Do you store any of the following? Contracts Sensitive personal data Telephone Numbers Tax reports Classified ...

PEI Real Estate Report - Curb Appeal

Spring is here and if your home is on the market or will be, it's not too early to start improving it's curb appeal! The snow is receding and revealing what lies beneath. Tidy those beds by removing wet leaves and debris that has blown in since the fall. Sweep away debris from your entranceways. Tidy your lawn by clearing away fallen twigs, branches, dog gifts :) etc. Make sure you have removed ...

PEI Real Estate Report - Listing Your Home This Spring

You've decided to list your home this Spring. While Spring seems ages away, realistically, it will be upon us in no time. Now is the time to get a head start on getting your home ready. Get started now de-cluttering and organizing. Once you can really SEE your home, it is easier to determine what comes next, paint touch ups, steam cleaning carpets, furnace servicing, etc. Also, make note of home ...

PEI Real Estate Report - Winter is a Good Time to Sell

It's the new year and many of you have made the choice to put your home up for sale. it's not uncommon for people to think that spring is the best time to put their home on the market since we've come to believe that is when activity starts to happen after the new year. Changes have been happening in the marketplace and this year more than ever, we are finding that the market has not cooled off over ...

PEI Real Estate Report - Mortgages, Know Where You Stand

When thinking about purchasing a new home, many of us put the cart before the horse. We start house shopping before knowing what kind of mortgage we qualify for. Knowing where you stand financially will put you in charge of your home buying journey and potentially save you the time and heartache to a home that was out of your reach. There has been a lot of talk about low interest rates on mortgages ...

PEI Real Estate Report - Mortgages, Know Where You Stand

When thinking about purchasing a new home, many of us put the cart before the horse. We start house shopping before knowing what kind of mortgage we qualify for. Knowing where you stand financially will put you in charge of your home buying journey and potentially save you the time and heartache to a home that was out of your reach. There has been a lot of talk about low interest rates on mortgages ...

Happy New Year From Us at Century 21 Colonial Realty!

Happy New Year from all of us at Century 21 Colonial Realty! Hoping you had a chance to take a few moments to reflect on 2011 and to ponder what lies ahead in 2012. For some of you, 2012 is the year you will buy or sell a property and make a major change in your life and the lives of your family. This is a very exciting time, but with the excitement comes the stress that every buyer and seller experiences. ...

PEI Real Estate Report - Listing Your Home During the Holidays

Heading into the holiday season people who have been thinking about putting their home on the market will often hesitate listing until after the holiday season. One very obvious and understandable reason for that is simply because the holidays are hectic. The thought of adding showings and open houses into the mix is daunting.  Also, some potential sellers may take the opinion that people typically ...

PEI Real Estate Report - Rental Properties

There are many things to take into account when purchasing any property. There are three very important things to consider above all others when purchasing a rental property: 1. How much money can you expect to earn in rental income? 2. What are your fixed expenses and your variable expenses? Fixed expenses are things like property taxes, insurance, routine maintenance and repairs, as well ...

PEI Real Estate Report - First Time Homebuyers

Are you buying a home for the first time? Did you know that if the property you are purchasing is under $200,000, even just a $1 less, you are not required to pay Land Transfer Tax which is 1% of the greater purchase price or assessed value of the real property. That means you will save close to $2000. If your purchase price is under $200,000 you are even eligible for reduced legal registration fees. ...

OPEN HOUSE BY INVITATION: 9 BATTERY POINT DRIVE, STRATFORD, PEI

We would like to invite you - and any friends or clients you think would be interested - to an invitation only open house. Please send a email to jp.robison@century21.ca  for more information.  

PEI Real Estate Report - Should You List Your Home in a So-Called Buyer's Market?

You may have heard that it is a Buyer's Market out there. This may have you questioning your decision to put your home up for sale. Don't be intimidated by the generalized statement Buyer's Market. Regardless of the state of the economy there will always be people buying and selling their homes. Families grow, people get transferred, and not everyone is suffering in this economy. If you have a well ...

PEI Real Estate Report - What Size Home Is Right For You?

When looking for a new home, whether buying or building, one of the most fundamental questions that needs to be answered is, what size home do we want? It's an interesting question and one that has probably been rephrased in the past several years from what size do we want, to, what size do we need? Interestingly....back in the 70's the average home was approximately 1500 square feet, today it is 2200 ...

PEI Real Estate Report - A Career In Real Estate

We know a lot of people have thought about a career in real estate but what may stand in the way of making the leap into a new career, is the question, 'am I right for real estate?'. Remember, there is isn't any one type of person who is 'right for real estate'. It takes many personality types, each with their own style, to accomodate the needs of our clients. We look for all different personality ...

PEI Real Estate Report - Is It TIme to Downsize?

Cost of living increases, the global financial crisis, retirement and empty nests are some of the reasons people are asking themselves if now is the right time to downsize to a lower priced home.  The strategy being to sell the current home and buy something considerably cheaper, thereby unlocking the money in the home and creating a more comfortable balance between expenses and income.   ...

PEI Real Estate Report - To Buy or Build?

You know you want to buy a home in the near future but you may be in a quandry over whether to buy an existing home or to build. This is a question many people mull over and find it difficult to come to a clear decision on since both options provide their own advantages and disadvantages. A good first step is to make a list of the advantages and disadvantages for each option. For example: BUILD: ...

Is it Time to Downsize?

Cost of living increases, the global financial crisis, retirement and empty nests are some of the reasons people are asking themselves if now is the right time to downsize to a lower priced home.  The strategy being to sell the current home and buy something considerably cheaper, thereby unlocking the money in the home and creating a more comfortable balance between expenses and income. This ...

PEI Real Estate Report - Staging Your Home For Sale!

First impressions are important when you are looking to sell your home. It is very important that you take into account that when people view your house, that they want to be able to visualize themselves living in the space. A little work, can go a long way.     That's where staging comes into play. It's important that when you are selling your home, you free it from clutter as best ...

The Parade of Stars - We are Sponsoring Joe Nieuwendyk

The 50th Gold Cup Parade is almost upon us! Century 21 Colonial Realty is proud to announce that we are sponsoring Joe Nieuwendyk in the "Parade of Stars". Nieuwendyk and the Dallas Stars are also going to be here from Sept 16-20 for their training camp. Nieuwendyk has won the Stanley Cup three times, in three different decades, for three different teams. He is one of only ten players in Stanley ...

PEI Real Estate Report - Recreational Properties

Summer time is one of the best times on Prince Edward Island and for many, there’s nothing better than having a cottage near a beach so you can enjoy a different pace of life. There are so many areas around PEI to choose a cottage that already exists, or to choose a lot and build your own. Whatever your choice, it is very important to discuss your situation with a lender as seasonal home financing ...

PEI Real Estate Report - How to Make Your Home More Energy Efficient

If you are a homeowner, you have probably asked yourself, how can I make my home more energy efficient?  With fuel costs rising and increased awareness about environmental conservation, more of us are searching for ways to decrease our fuel costs and energy consumption. People will often question the method of heating their home. Is it efficient? What would be better? When In fact, most of us ...

PEI Real Estate Report - Home Inspections

Home inspections are a very important part of the home buying process. Although it's not's mandatory on PEI when purchasing a home, it's something that should be done if you want to get a "report card" on the home you are looking to buy. For both parties in the sale, a home inspection is important as it can identify potential issues in the home. A home inspector will check to see the current condition ...

PEI Real Estate Report - Closing Costs

Closing costs can be extremely confusing when purchasing a home. We've gotten a lot of questions on them since we've started the PEI Real Estate Report, so we figured it would be a perfect time to answer them head on. Here are a list of the closing costs you can expect when entering this process: 1. Land Transfer Tax. When you purchase a house, you must pay what's called the land transfer tax. This ...