Collingwood Homes for Sale
Looking for Collingwood real estate -- than you have definitely come to the right place. Each of these real estate agents have an extensive list of homes for sale.
Collingwood has some of the best REALTORS® to work with that can help you purchase a new home or put your current property on the real estate market for top dollar.
Select One of the Five Top Collingwood Real Estate Web Sites
Collingwood MLS® Homes for Sale
Explore what's for sale in Collingwood Ontario with new properties added daily — select one of the five best real estate web sites from above to help you get started or follow us on Twitter to receive notifications when new properties hit the local Collingwood real estate market.
Helpful Tips and Advice on Buying Real Estate in Collingwood
Collingwood Ontario is a beautiful mid-sized town capable of providing its residents with all the conveniences of a larger city, while maintaining the small town ambiance. This can be especially true if you are currently living in a very large metro city like Toronto and you are ready for a new pace in life; then Collingwood Ontario is perfect for you.
Once you have made the decision to buy a new home, here are several tips and advice on buying Collingwood real estate that you can use to make the process easier for you.
Real Estate Tips to Securing Homes for Sale in Collingwood
Financial Limit – Set a financial limit that is somewhat lower than you actually qualify for to create a cushion you can feel comfortable playing with if needed and remember you do not ever have to start agreeing to the asking price. Negotiation is a key part of home buying.
Credit Score – Making certain your credit score is optimal by paying off credit cards, having as much income as possible and clearing any erroneous information that may be hindering your credit score.
Down Payment – Have 20 percent of the down payment already saved along with closing costs and money left over for miscellaneous needs.
Mortgage Approved – Getting a pre-approved mortgage can go a long way in being prepared when the time comes to put in an offer on a home as well as help you determine how much you can offered.
Contingency Clause – Always have a contingency clause, should something come up that you cannot honour the offer made on the home you are buying.
Home Warranty – Consider taking out a home warranty to cover the costs of older appliances that need repairing or need to be replaced.
Home Inspection – Pay for a home inspection to discover problems with wiring, plumbing and easement that may not be visible during a showing.
Working with a Collingwood Real Estate Agent
For more help in making a clean buy that will leave you feeling assured you have made the right purchase, speak with one of the Collingwood Real Estate Agents from above as their experience and knowledge will help you through the home buying process.
Finding the Best Deals on Real Estate in Collingwood
Are you looking for a small, pleasant community to buy a home? Collingwood Ontario should be one of the top towns on your list. The town of Collingwood is a small community with a population of 22,000 people. It is over 160 km north of Toronto, so it is a great place to live for families that want to distance themselves from big city life.
However, it is an affluent community, so housing prices are higher than 80% of the other towns in Ontario. The median price is $450,000 for a house and $300,000 for a Condo.
It is important to look for good deals on real estate if you have a small budget and plan on moving to Collingwood. Here are some tips to get good deals on homes, condos and real estate in Collingwood.
Buy Before the Economic Boom Drives Prices even Higher
Collingwood has one of the most robust economies in Ontario, which is driving demand for new housing. A couple of years ago, Martin Rydlo, the town's marketing and business development manager, reported that nearly 50% of new residents relocated from other parts of the province to take advantage of new economic opportunities
Since the economy is growing faster than other parts of Ontario, Alberta and British Columbia, more people are expected to move to Collingwood in the near future. You don't want to wait too long to make a purchase. Realistically, you have a small window of opportunity before prices are not within your reach.
Estimate Closing Costs Before Making an Offer
The average closing costs on a home in Ontario ranges from 1.5 to 3.5%. It is important to keep this in mind while making an offer. If you have a very firm budget, you may want to drop your offer by a few thousand dollars to reflect the closing costs. Sellers that are eager to close will often accept the proposal.
Look for Properties that Have Been on the Market for a While
Some homeowners around the Georgian Triangle have a harder time finding buyers than others. They may be asking too much or their property may not be close enough to the beach for many people's tastes. You may get a better deal by making an offer on properties that have been on the market for a while. Even the most demanding sellers will be more likely to accept a lower offer if they have had difficulty selling their property.
Don't Make Too Many Counteroffers on Reasonably Priced Properties
Cheaper properties are hard to come by in Collingwood. Don't spend too much time haggling with a seller if they have a reasonable asking price. Your best option is to accept the asking price before another buyer makes an offer. If the price is a little too high, you can make a counteroffer. However, the more counter offers you make, the higher the risk that another buyer will enter the market and offer a better price and generate a bidding war.
Don't Be Too Picky
Collingwood is an affluent tourist community, so most homes and condos for sale will be in great condition and in decent neighbourhoods. It is easy to lose sight of this while looking at listings. Don't get too picky, because you may be tempted to purchase a property outside your budget. Remind yourself that most homes for sale in Collingwood are nicer than those you would find in other parts of Ontario.
Try to Research the Seller Before Negotiating
Never enter any negotiation blind. Before purchasing a new home or condo, you need to do your due diligence on the seller. Some sellers will be more eager to get rid of their property than others, depending on their reasons for selling – especially in the Collingwood area. Sellers that are taking a new job or are facing the possibility of foreclosure may be more eager to close than others; ask one of the 5 web sites that specialize in the Collingwood real estate market to help you find that perfect home.