60/ MARCH/APRIL 2018 THE RIDER rEal ESTaTE: BUY OR SELL FIRST????


By Teri Davidson “If it’s a seller’s market, then you need to be


buying first. If it’s a buyer’s market, then you need to be selling first,” A common statement made by Realtors to


their clients. But there are several factors to con- sider, especially when buying farms and rural properties that are seldom available and not the cookie cutter type of property you will find with single family residential units in new subdivi- sions.


The dilemma of buying first and selling


later or vice versus are difficult to ascertain if you are looking for a use specific type of farm. I have , personally, many clients who have been looking for the right property for years. The word ‘right” being used liberally in the sense that the property


must be “right” for them. If you do happen to find that perfect farm you can


believe many other buyers will also consider it to be the perfect farm for them and they are so seldom avail- able that the buyer who can buy without a condition on the sale of the buyers property will be the ultimate winner in a situation of multiple offers. Sellers may even take an offer with a reduced sale


price over one that offers no condition of sale rather than one that is higher priced but has a sale of property condition. This type of market is therefore always a sellers


market and if we apply that philosophy you should ei- ther have your property sold first and rent until you can find the perfect property or put yourself in a position of being able to buy without having to have a condition upon the sale of your current home. Unfortunately this does-


n’t take into consideration the market changes and increases in value if you sell and rent until the perfect property comes along. For example if some of my buyers had sold two years ago in the market we had over the past two years where property prices were booming and had gone into a rental situation they would now have lost several thou-


sands of dollars in equity on those homes they sold be- cause the prices increased so much. And they would be paying higher prices on the farm they buy. Not a good situation. The perfect scenario would be being able to buy with- out a condition on selling their homes first and in a re- ally busy market like we had over the past two and now three years this may not have been a really scary process as homes were selling so quickly and in most cases with over asking price offers to purchase. In a market like this it may be worthwhile to buy and sell your home after the offer on the farm you want to buy has been accepted. Either way it is wise to talk to a professional and


your bank person in order to find the best approach for you and your family. While it is a Sellers market when it comes to farm


purchases not all farms match buyers expectations but when that pristine dream farm comes along the Buyer needs to be able to react quickly and make the purchase before someone in a better financial position gets to it before he does.


Teri Davidson is Broker /Owner of Associate Realty in Brantford Ontario. Teri has been matching buyers and sellers for over 40 years and has consistently been one of the top producers in her board area for many years. Contact Teri at 519-758-7307 or teridavidson@exe- culink.comContact Teri at 519-758-7307 or teridavid- son@execulink.com


● COACHING ● Dieter werner


~ coaching atyour farm~


For more information please visit www.foxrunhorseproducts.com


PROPERTIES FOR SALE


56 Acre farm in Brantford 2 year New, custom two-story all brick home on a small country road 15 minutes from Ancaster and 10 minutes from the 403. Off McBay Rd. This fabulous property features: This home has a ton of windows and a spectacular view from everyone of them, beau- tiful country mouldings throughout, wide-plank wood floors,Very large living room with patio doors that lead out to a large concrete covered patio,very large mudroom with entrance from the back yard,a gourmet country kitchen with custom cabinetry and gorgeous slab granite coun- tertops with a bonus beautiful pantry. Four bedrooms Including large Master suite with walk-in closet, ensuite has Jacuzzi tub, and 4’ x 6.5’ open walk-in shower with rain shower faucets and laundry are all show- cased on the second floor. Phone,data & cable have been installed into every bedroom. Alarm, surround sound have also been roughed in.New oil furnace,new propane hot water tank. Full unfinished basement offers more space. Central air, central vac,8 appliances. All entrances to this home have custom built rustic porches. The house has spray foam insu- lation through out, black steel roof. The cast iron wood stove was placed in the front entrance, center of the house and heats this entire home. Original home has been retained and is a lovely 2 bedroom home with new kitchen and bath. Breathtaking views. Drive shed 40 x 80, garage 30 x 50 and original bank barn. new Bunkie. Shows fabulously. Quiet side road location.


New Listing. Hobby Farm with 46 acres. 25 Workable. Just outside Lynden , Ontario. Totally remodelled and rebuilt farmhouse offers a wonderful blend of old and new. Big spacious rooms, lots of natural light, woodwork and charm. Four bedrooms, main floor family room with wood burning fireplace, Three baths. Kitchen features island, open counter to view fireplace while eating. Gorgeous ensuite. Upper floor office is fabulous. Laundry on upper floor too. Huge windows all updated. Beautiful views form every window. Full basement. New furnace, septic and wiring. Would suit two family living. Original Bank barn 40 x 50 has been upgraded with new wiring, steel beams . Features big hay mow, 5 Box Stalls, water and hydro. Workshop 40 x 80'. Heated concrete floors, new propane furnace. !2' x 12' over- head door. Double garage 30 x 40' with separate workshop area attached to bank barn. Fields fenced for horses. Two Ponds. Cabin 16 x 16' with loft and woodstove is a nice trail ride back on the property. very picturesque property with rolling hills and 25 acres approx. workable cleared acreage. 200 amp electrical. new FA propane furnace and WETT certified woodstove. Floors, trims and baseboards all milled by Millgrove Wood Products. Kitchen by Wood Valley kitchens. 2001 septic and water is municipal for house well for barn. Don't let a drive by decide you about this property. You must get in this wonderful home to ap- preciate its quality and character and walk this beautiful property.


56 Acre farm in Brantford 2 year New, custom two-story all brick home on a small country road 15 minutes from Ancaster and 10 minutes from the 403. Off McBay Rd. This fabulous property features: This home has a ton of windows and a spec- tacular view from everyone of them, beautiful country mouldings throughout, wide-plank wood floors,Very large living room with patio doors that lead out to a large concrete covered patio,very large mudroom with entrance from the back yard,a gourmet country kitchen with custom cabinetry and gorgeous slab granite countertops with a bonus beautiful pantry. Four bedrooms Including large Master suite with walk-in closet, ensuite has Jacuzzi tub, and 4’ x 6.5’ open walk-in shower with rain shower faucets and laundry are all showcased on the second floor. Phone,data & cable have been installed into every bedroom. Alarm, surround sound have also been roughed in.New oil furnace,new propane hot water tank. Full unfinished basement offers more space. Central air, cen- tral vac,8 appliances. All entrances to this home have custom built rustic porches. The house has spray foam insulation through out, black steel roof. The cast iron wood stove was placed in the front entrance, center of the house and heats this entire home. Original home has been retained and is a lovely 2 bedroom home with new kitchen and bath. Breathtaking views. Drive shed 40 x 80, garage 30 x 50 and original bank barn. new Bunkie. Shows fabulously. Quiet side road location.


Call Teri Davidson, Broker/Owner,


Associate Realty Brantford Inc. 519-647-3330


See picture of these properties at www.venturehomes.ca under Teri's Listings.


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