HOMES LAND RECREATIONAL I.C. & I.

Royal Lepage Country Estates

helping you is what we do!

Royal LePage

STEVEN MALAYNY


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2057 Route 112 Bedeque and Area C0B1C0

2057 Route 112
Bedeque and Area C0B1C0

4 bedrooms
$ 109,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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185 Crozier Drive Summerside C1N6K1

185 Crozier Drive
Summerside C1N6K1

3 bedrooms
$ 339,700

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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816 Nodd Road South Freetown C0B1N0

816 Nodd Road
South Freetown C0B1N0

3 bedrooms
$ 154,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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17539 Route 2 Miltonvale Park C1E1L2

17539 Route 2
Miltonvale Park C1E1L2

4 bedrooms
$ 579,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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679 Thompson Road Palmer Road C0B1Z0

679 Thompson Road
Palmer Road C0B1Z0

2 bedrooms
$ 55,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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1345 Mill  Road Cascumpec C0B1V0

1345 Mill Road
Cascumpec C0B1V0

2 bedrooms
$ 107,700

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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12 Ives Point Road Miscouche C0B1T0

12 Ives Point Road
Miscouche C0B1T0

2 bedrooms
$ 99,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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3420 North Carleton Road North Carleton C0B1A0

3420 North Carleton Road
North Carleton C0B1A0

4 bedrooms
$ 184,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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101 Gard  Road Bloomfield Corner C0B1B0

101 Gard Road
Bloomfield Corner C0B1B0

3 bedrooms
$ 219,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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82 Hillside Drive Summerside C1N6K3

82 Hillside Drive
Summerside C1N6K3

3 bedrooms
$ 254,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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310 Church Street Tignish C0B2B0

310 Church Street
Tignish C0B2B0

4 bedrooms
$ 89,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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54 Cheese Factory Road Alma C0B1K0

54 Cheese Factory Road
Alma C0B1K0

2 bedrooms
$ 88,800

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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196 Malpeque Road Malpeque Bay C0B1M0

196 Malpeque Road
Malpeque Bay C0B1M0

5 bedrooms
$ 169,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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226 Union Corner Road Union Corner C0B2E0

226 Union Corner Road
Union Corner C0B2E0

3 bedrooms
$ 270,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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1198 County Line Road Seaview C0B1M0

1198 County Line Road
Seaview C0B1M0

4 bedrooms
$ 239,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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3470 Dock Road Bloomfield C0B1E0

3470 Dock Road
Bloomfield C0B1E0

3 bedrooms
$ 88,500

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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212 Schurmans Point Road North Bedeque C1N4J9

212 Schurmans Point Road
North Bedeque C1N4J9

3 bedrooms
$ 379,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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144 Blueshank Road Summerside C1N4J9

144 Blueshank Road
Summerside C1N4J9

2 bedrooms
$ 199,500

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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196 Doucette Road Christopher Cross C0B2B0

196 Doucette Road
Christopher Cross C0B2B0

2 bedrooms
$ 87,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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12169 Route 14 Pleasant View C0B1Z0

12169 Route 14
Pleasant View C0B1Z0

3 bedrooms
$ 159,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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39 Heritage Trailer Park Summerside C1N5J6

39 Heritage Trailer Park
Summerside C1N5J6

2 bedrooms
$ 15,575

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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2115 Beaton Road Alaska C0B1H0

2115 Beaton Road
Alaska C0B1H0

2 bedrooms
$ 26,000

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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1833 Arlington Road Arlington C0B1Y0

1833 Arlington Road
Arlington C0B1Y0

4 bedrooms
$ 109,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD
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435 Main Street O

435 Main Street
O'Leary C0B1V0

3 bedrooms
$ 99,900

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

PEI offers great opportunities to enter the real estate market. PEI is Canada's smallest province and PEI real estate is some of the lowest priced real estate in the country. Although the PEI real estate market has been "heating up" over the last few years, there are still many excellent properties on the market at prices unmatched for value anywhere else.

Summerside boasts a wide range of PEI real estate from small homes for first time buyers which also make excellent rental investments to the large character homes on tree lined streets which show their heritage and longevity. These homes make excellent family homes as well as being convertible to bed & breakfast and apartment operations. Summerside offers all the services, schools, shopping centres, and a brand new hospital that family and visitor alike might require in a quiet, safe small town environment.

An investment in PEI real estate is one that will build equity as well as creating an enjoyable place to live or vacation!

With a total of 2000 sq miles of land, PEI real estate is available only in a limited amount and therefore prices will continue to rise as they have over the years. PEI does have a higher proportion of waterfront however as in addition to oceanfront, our jagged coastline is home to many bays and rivers.

Home prices in PEI are some of the lowest in Canada. Some homes in PEI are listed at less than $50,000 while land prices start as low as $10,000. At the other end of the PEI real estate spectrum you can find large acreages with quaint island farmhouses or in the cities you can find large heritage homes. Many people from other places buy cottages here on the island and use them for their own holidays and then recoup there mortgage costs by renting them throughout the season to other vacationers. This way your PEI real estate investment is earning money as well as building equity.


STEVEN MALAYNY

Steven Malayny is the Owner and Broker of Royal LePage Country Estates In Summerside Prince Edward Island. Buying or selling Steven can help you find or market your home or PEI property. Steven has 30 years of PEI real estate experience to help you with a successful and smooth real estate transaction.

Whether you are contemplating the purchase of your first home, upgrading to accommodating your growing family or looking for a profitable PEI real estate investment, Steven's experience in real estate coupled with his understanding of the needs of family will ensure that you find just the right property that will fill your practical needs while being a real estate investment for the future.

Call Steven Malayny, your PEI real estate expert today and put him to work for you! Call (902) 888.7424 or email steven@royallepage.ca


Contact

Please fill in the form below. All fields are required so that I can provide you with timely information and answers to your real estate queries.

Email: steven@royallepage.ca
Direct: (902) 888.7424
Office: (902) 436.9251
Fax: (902) 436.2734


Real Estate Info

Learn about the market and how to buy your new dream home or sell your existing home (or perhaps both). Just click below on the subject that you are interested in.



Buying

Finding the right Agent!

You want to find the right home, in the right location, at the right price - and you want to do it quickly, with minimum hassle. The best way to do that is to work with a professional realtor who understands your wants and needs, your time frame and your financial boundaries.


Why work with an Agent?

• You'll save time. An agent can pinpoint homes that fit your needs and dismiss those that don't.
• You benefit from an experienced negotiator. Your agent will manage your offers and counter-offers, ensuring that you get the best possible price for your home.
• You'll get the right information. Your agent knows the neighbourhood and can give you accurate information on local real estate values, taxes, utility costs, services and amenities.
• You can always count on great advice. Because your agent is familiar with the entire home purchasing process, he or she can advise you of your legal and financial options, and recommend appraisal, home inspection and contracting services.
Choose an agent who understands your needs. Here are a few questions to ask to help you determine if an agent is right for you.

• Will you be representing my interests?
• Do you have access to MLS information?
• Will you provide market evidence to support the price
• Will you look after closing and possession details?
• Can you be contacted at any time?

Working with an Agent

Let your real estate agent do the searching for you. The best buys aren't in the newspaper ads; most great opportunities are on "hot sheets" that are available every morning to salespeople with access to MLS information.

An agent's job is to:
• Provide information on the property and the area.
• Negotiate a price and terms that are agreeable to both buyer and seller.
• Help arrange a source of financing.

As a homebuyer, you must work with your agent to find the home that's right for you. Communication is key - tell your agent what you want, and be specific.

• Offer a detailed description of your property needs and wants. If you will absolutely not consider a house without a hardwood floor, say so. And if air conditioning is a "nice to have" rather than a "must have," communicate that, too.
• Be specific about where you want to live. If you refuse to live outside a certain area, it might take longer to find you a home, but your agent will know not to waste your time with anything not in your chosen neighbourhood.
• Tell your agent what you can afford. He or she can help you get a pre-approved mortgage so you know for sure what your price range will be.
• Communicate your likes and dislikes for each property you see. It will help your agent narrow down the possibilities.
• Commit to one salesperson and perform the terms of the purchase agreement.
• Keep an open mind. Agents know about those charming little areas that you've never even heard of. You might find your dream home in a completely unexpected place.

Protect yourself with a home inspection

That gorgeous house on the corner lot may look great, but it could be hiding all sorts of expensive, annoying problems, from a leaky roof to faulty wiring to a mouldy basement. Make sure your home is solid and secure inside and out before you buy it. A home inspector will determine structural and mechanical soundness, identify problem areas, provide cost estimates for any work required, and generate a report. It's a great way to avoid headaches and costly problems that can turn a dream home into a money pit.

If you decide to go ahead and buy a home with issues that have been flagged by your inspector, you can base your offer on how much potential repairs and upgrades may cost. Home inspection costs range according to size, age and location of the home. Your Royal LePage sales representative can recommend a reputable home inspection service or arrange for an inspector to visit your property.

8 Things to look for when buying a home

When you fall in love with a home, the things you like about it can blind you to its problems. Next time you go to an open house or tour a property with an agent, keep your eyes open with these top tips:

• Take a look at general upkeep. Is it clean? Are lawns left uncut? Do walls need paint? If the small stuff hasn't been taken care of, there's a good chance that bigger issues have been ignored as well.
• Test it. Try out lights, faucets, toilets, air conditioning and major appliances.
• Check for water damage. Look at ceilings and drywall for stains and bulges. Water that works its way in through a leaky roof or a cracked foundation can rot wood, create mildew and destroy possessions.
• Watch for "spongy" floors. Take note of soft, springy sections, squeaky or uneven areas - these can be a sign that costly floor repairs are needed.
• Check doors and windows. Make sure they fit snugly in their jambs and operate smoothly. Feel for drafts. Look for flaked paint and loose caulking - if wood isn't protected from moisture, it will rot.
• Look at the foundation. If you see deep cracks or loose mortar and bricks, there may be a significant structural problem. Soggy areas near the foundation are also a warning sign.
• Make sure there's enough storage space. If you are moving from a home with large closets and a shed, make sure your new house is able to store an equivalent amount of belongings.
• Measure. Make sure your furniture will fit into your new house.

These tips are for your own first (or second) look at a home. For true peace of mind, you should always hire a certified home inspector before you buy.

Understanding market conditions

The real estate market is always changing, and it helps to understand how market conditions can affect your position as a buyer. Your agent can provide you with info on current conditions and explain their impact on you.

BUYERS' MARKET

The supply of homes on the market exceeds demand.

Characteristics

• High inventory of homes
• Few buyers compared to availability
• Homes on the market longer
• Prices tend to drop

Implications

• More time to look for a home
• More negotiating leverage

SELLERS' MARKET

The number of buyers wanting homes exceeds the supply of homes on the market.

Characteristics

• Smaller inventory of homes
• Many buyers
• Homes sell quickly
• Prices usually increase

Implications

• May have to pay more
• Must make decisions quickly
• Conditional offers may be rejected

BALANCED MARKET

The number of homes on the market is equal to the number of buyers.

Characteristics

• Sellers accept reasonable offers
• Homes sell within an acceptable time period
• Prices generally stable

Implications

• More relaxed atmosphere
• Reasonable number of homes to choose from

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