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David Fouad Posts

302-91 Swindon Way SOLD in 40 days flat!

Congratulations to M on the sale of your condo unit! This unit has plenty to offer and clearly the buyer saw this and made a move. This property is a example of what can be done as an alternative to living in a stand alone house without giving up on many of the amenities and space. I sold this condo unit in 40 days flat. 6 months on the market today is normal and I beat that big time. I advised my client on things to do to the condo unit prior to listing and I marketed and advertised this condo unit like no other in my industry. I look for the whitespace and I do the work; I see the opportunity where others don’t.

 

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115 Seaside Avenue SOLD! My buyers avoided buying a lemon.

 

Congratulations to T and M on the purchase of your house, 115 Seaside Avenue in Waterside Estates in Transcona.

My buyers were previously interested in a flipped house in Charleswood and we were going to write an offer on that one. That Charleswood house was 1,000 sq ft and 500 sq smaller that this Waterside Esatates one. I did some digging around and I found out that the Charleswood house had a major basement foundation problem with big heaving cracks on all of the walls. I found so many problems and issues that are so bad I don’t feel comfortable sharing with you here on my blog. That house was purchased 6 months ago for $255k and the flipper did his magic and put a price tag on it for $359k. The city has it assessed at $239k. Someone ended up buying it with the help of the listing realtor for $354k. I think that was a bad move and here’s some pictures of the work that was done. I believe many corners were cut on the foundation repair. I also think that the buyer paid too much for that house and the property taxes will likely increase significantly because of this purchase price. You can see why my clients loved this Charleswood house, it was cosmetically beautiful.

In this above photo you can see what my buyers saw. The stripped basement photos are clearly the ones taken before the repairs. None of those photos were made available to people, though, I was able to acquire them.

My clients are so happy with their house that they bought in Waterside Eatates. It’s 40 years younger, 500 sq ft bigger, and it’s located on a quiet private street close to a school for their kid. They are thankful that they avoided buying that Charleswood lemon. They even saved significant money buying the Waterside Estate house. My buyers’ patience and trust in my judge paid off big time.

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597 Walker Avenue SOLD! My buyers took their time and they won in the end.

Congratulations to M and J on the purchase of your first house, 597 Walker Avenue!

Like many first young first time buyers, the question of condo unit vs house was discussed and entertained. After looking at several options, and even after writing an offer on a condo unit, the choice became clear to them that a house was the right direction for them.

This beautiful character two storey house in Fort Rouge was the ticket. It is full of charm and function and it’s in a location that makes sense on many levels. On a lighter side, who wouldn’t want to be walking distance to the BDI (Bridge Drive-In) ice creme shop?! It is close to rapid transit, The Village, Churchill Park, and downtown Winnipeg. This house has room to grow and a few upgrades can be made if they so choose. This house has the potential for a custom modern kitchen, and additional living space with a future finished basement with a full bathroom. Best part, it has good bones and it’s move in ready.

The inspector was able to show my buyers the specifics about the build of this house, the maintenance, and the expected life expectancy of all of the components. We had a fun time during this journey and I’m excited for the future of my clients. This is a big next step in their lives and I’m honoured that I could help them.

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I am a BNI Manitoba Awards Gala winner

I have been a part of BNI (Business Network International) Manitoba for three years. My chapter is called BNI Aspire and we meet every Thursday at 7:30am at The Norwood Hotel and we exchange word of mouth business to each other. BNI’s philosophy is Givers Gain. The Gala was at The Fort Garry Hotel and it was a lovely celebration of our successes for the year. I earned two distinguished awards, Most Motivated and Top Gun for my chapter. Most Motivated is an award that my peers have voted for me and Top Gun is for the numbers; the giving. It feels great to win these two awards. It feels even better to give business to others and help people.

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29 Erinie Webb Bay in Stonewall MB SOLD! My buyers did their homework and won.

Congratulations to A and A on the purchase of your first house, 29 Ernie Webb Bay!

This was what seemed like an intense house buying journey for my buyers yet very normal in my world. We looked at plenty of houses throughout a lot of the surrounding Winnipeg area. Stonewall Manitoba is a town that has already experienced some solid growth in the last 10 years. It is expected to continue to grow, forecasts are predicting a lot more growth. The council has approved the expansion of their lagoon and water treatment capacity in anticipation for this growth. Stonewall is a 20 minute drive north of Winnipeg from the perimeter. My buyers are happy that they found the house that works for them and meets their current and near future needs. It’s important to take the time to do the work of looking for a house and being patient that the right house will be found; they experienced that with me first hand. I negotiated a very good deal for them and they also took my advice with having a proper and thorough home inspection. This house is newer, still having the home inspection was invaluable. The inspector was able to show my buyers the specifics about the build quality, the maintenance of the house, and the expected life expectancy of all of the house components. We had a fun time during this journey.

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