City of St. John's

Wednesday, May 26, 2010

Spring Home Maintenance Checklist!


Keeping your home in top shape requires year-round care. While each season brings different tasks and challenges for homeowners, spring is an especially important time – it’s when to assess winter wear and prepare for summer.

Many big home repairs start out small but, left unattended, become more costly problems. By taking care of little issues now, you can save yourself a lot of money and stress in the long run. Keeping a list of what needs to be done, and when, can help you to avoid and prevent the most common household problems.

Many of the necessary tasks are probably easy enough for you to take care of yourself. However, if you don’t feel comfortable or don’t have the proper equipment, consider hiring a qualified contractor to help you.

Inspect your roof.  Shingles that curl (turn up) and claw (turn down) can make your roof inefficient and susceptible to leaking. Check around vents, skylights and chimneys for leaks and repair as necessary.Don’t forget to check your roof from the inside too. Look in the attic for any signs of moisture or surface discolouration on the underside of the roof that may point to leakage from above or air leaks coming from your house.

Get a chimney check-up. Have a professional chimney sweeper clean/inspect your active or decorative chimney. Professionals should also check the chimney flue and cap for cracks or leaking.

Clean gutters and drain pipes so leaves won't clog them and be sure they drain away from the house. Drain outside faucets.

Clean siding with a pressure washer to keep mold from growing. Check all wood surfaces for weathering and paint failure. If wood is showing through, sand the immediate area and apply a primer coat before painting. If paint is peeling, scrape loose paint and sand smooth before painting. Replace rotted siding or trim.

Check foundation walls, floors, concrete and masonry for cracking, heaving, or deterioration. If you see large cracks or a significant number of bricks losing their mortar, call a professional.
Spring is also a great time to clean your windows, screens and hardware and replace storm windows with screens. Check your screens for holes or tears first and repair or replace them if needed. Examine putty/caulk lines around exterior windows and doors and ensure weather stripping creates a good seal.

Check all decks, patios, porches, stairs and railings for loose members and deterioration. Open decks and wood fences need to be treated every four to six years, depending on how much exposure they get to sun and rain. If the stain doesn't look like it should, or water has turned some of the wood a dark gray, hire a professional to treat your deck and fence.

Prune landscaping and create good drainage. Shrubs and landscaping help against soil erosion, but should be planted to form a negative grade, which means water will flow away from the house. You don't want growth up against the foundation of the home itself.

Inside the house:
  • When it’s warm enough outside, turn off your gas fireplace pilot lights where possible.
  • Carry out the manufacturer’s recommended maintenance for your air conditioning system and ventilation equipment.  Be sure to consult your owner’s manual for cleaning instructions or hire a qualified contractor.
  • Check your smoke, carbon monoxide and security alarms and replace the batteries.
  • Reopen any valves for outside hose bibs that were shut off last fall.


After all of your 'Spring Cleaning' tasks are said and done, sit back and enjoy all of the benefits this season has to offer. If you are looking for activity's to do in the city check out The City of St. John's Calendar of Events Here & Enjoy! 





Your Home Sold Guaranteed- Or We'll Buy it for Cash! Ask us about our Guarantee Sales Program that so many people in St. John's have already taken advantage of. Call or Email us anytime 709-764-6161

Wednesday, May 19, 2010

Continued Growth in St. John's Housing Market!

Continued Growth in St. John's Housing Market

ST. JOHN'S, May 19 /CNW/ - 

    Resilient consumer spending, large capital projects and employment growth will continue to support the St. John's region housing market throughout the remainder of 2010 and in 2011, according to Canada Mortgage and Housing Corporation's (CMHC'S) Housing Market Outlook - St. John's report released today.
   Housing starts are expected to end 2010 at 1,775 units, with 1,900 starts forecast for 2011. The resale or MLS(R)(1) market will post 3,650 sales by the end of this year and reach the 3,600 level in 2011. The average MLS(R) house price is expected to end 2010 at $245,000 compared to $218,862 in 2009 and increase to $255,000 in 2011. 

     "Despite the recent global economic uncertainty, strong fundamentals will continue to support demand for housing throughout the remainder of 2010 and in 2011," said Chris Janes, senior market analyst with CMHC in Newfoundland and Labrador. "Overall, the positive outlook for the St. John's area housing market will be reinforced by favourable trends in demographic and economic fundamentals, as well as on-going economic momentum fuelled by a lengthy list of major capital projects," added Janes. 

    As Canada's national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making vital decisions. 


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                               Forecast Summary
                               St. John's CMA
                                 Spring 2010
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                                                            %              %
                        2007     2008     2009    2010f   chg    2011f   chg
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    Resale Market
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    MLS(R) Sales          NA    3,835    3,642    3,650   0.2    3,600  -1.4
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    MLS(R) New
     Listings             NA    7,520    7,427    7,500   1.0    7,450  -0.7
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    MLS(R) Average
     Price($)             NA  187,571  218,862  245,000  11.9  255,000   4.1
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    New Home Market
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    Starts:
    -------------------------------------------------------------------------
      Single-Detached  1,174    1,485    1,385    1,450   4.7    1,550   6.9
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      Multiples          306      378      318      325   2.2      350   7.7
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      Starts - Total   1,480    1,863    1,703    1,775   4.2    1,900   7.0
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    -------------------------------------------------------------------------
    Average Price ($):
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      Single-
       Detached      211,123  230,473  281,803  315,250  11.9  328,250   4.1
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    Median Price ($):
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      Single-
       Detached      189,900  215,372  260,000  291,000  11.9  303,000   4.1
    -------------------------------------------------------------------------

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    New Housing
     Price Index
     (% chg.)            5.0     19.6     11.5      8.0   n/a      5.0   n/a
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    Rental Market
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    October Vacancy
     Rate (%)            2.6      0.8      0.9      1.0   0.1      1.3   0.3
    -------------------------------------------------------------------------
    Two-bedroom
     Average Rent
     (October) ($)       614      630      677      725   6.0      775  11.0
    -------------------------------------------------------------------------

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    Economic Overview
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    Mortgage Rate
     (1 year) (%)       6.90     6.70     4.02     4.23  0.20     5.56  1.34
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    Mortgage Rate
     (5 year) (%)       7.07     7.06     5.63     6.20  0.57     7.06  0.86
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    Annual
     Employment
     Level            94,400   98,000   99,200  100,000   0.8  102,000   2.0
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    Employment
     Growth (%)          1.4      3.8      1.3      0.8   n/a      2.0   n/a
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    Unemployment
     rate (%)            6.9      7.8      8.1      8.0   n/a      7.5   n/a
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    Net
     Migration(1)      1,386    2,408    2,750    3,000   9.1    2,850  -5.0
    -------------------------------------------------------------------------



Source, MLS, CMHC