Hey there, fellow real estate enthusiasts! Happy February! Can you believe we’re already halfway to spring? Time sure does fly, doesn’t it? Before we dive into the nitty-gritty of the numbers for last month, I wanted to share something exciting that’s been brewing in my world and how it could benefit you too.

You see, one of my personal goals for 2024 is to produce 52 podcasts, and guess what? I’ve already kicked off the journey and I’m right on track. Now, you might be wondering, why the sudden interest in podcasts? Well, let me break it down for you.

Firstly, it’s all about you! Yes, you heard it right. My aim with these podcasts is to arm you with knowledge about our community, introduce you to interesting people you might not otherwise meet, and delve into topics like ADUs (Accessory Dwelling Units) that are shaping our neighbourhoods.

But here’s the kicker – it’s not just for your benefit. Embarking on this podcast adventure is also a personal growth journey for me. You see, stepping in front of the camera, engaging with people, it’s not exactly my comfort zone. I’ve battled with self-consciousness, the fear of not looking or sounding perfect, and even the occasional wandering mind (hello, fellow ADHD folks!). So, this journey is about pushing myself, honing my skills, and becoming a better communicator.

And guess what? It’s a win-win! By growing my podcast channel, I’m expanding our reach. So, when it comes time to list your home, we’ll have a vast audience to showcase it to, potentially attracting more buyers and getting you the best deal possible. Currently, we’re a humble crew of less than 50 subscribers, so if you’re watching this, do me a solid and hop over to YouTube, search for DNA Homes, and hit that subscribe button. Trust me, there’s bound to be content that piques your interest.

The Numbers

Now, onto the juicy part – the numbers. Let’s talk Guelph real estate. In January, the average house in Guelph fetched around $742,000, with single-family homes commanding $840,000. Townhouses saw a slight dip to $690,000, but don’t fret, I have a hunch they’ll bounce back next month.

Condos, oh condos, they made quite the leap, thanks to a swanky penthouse unit that sold for a cool $1.2 million. Semi-detached homes also saw a significant uptick, hitting $752,000 from $695,000. While it’s down 1.2% from last year, I reckon it’ll stabilize, especially with student rentals hitting the market.

Speaking of student rentals, we’ve got an exciting opportunity coming your way. Picture this: a spacious six-bedroom home, conveniently located on a bus route, with room rates ranging from $800 to $1,000. Sure, it needs a bit of TLC, but trust me, the potential is immense. Keep an eye out for the listing; it’s going live soon, and I’ll make sure to drop the link for you to swoop in and seize the opportunity.

Alrighty, folks, that wraps up this month’s newsletter. Here’s to a fantastic February ahead! Keep an eye out for more podcast episodes, exciting listings, and as always, feel free to reach out if you want to be part of the conversation or have a burning real estate question. Until next time, take care and happy house hunting!

YouTube

Checkout our YouTube link where you will find our podcast City DNA