1.877.445.7085 / 705.445.7085 contact.col@clairwoodrealestate.com

Clairwood Connection

October 2021

The evenings are cool and the leaves are starting to turn here in the Southern Georgian Bay area. We are excited to be part of some big changes to the real estate landscape in our area. The Southern Georgian Bay Association of REALTORS® (SGBAR) and The Lakelands Association of REALTORS® (The Lakelands) have now successfully merged. The name of the new association is The Lakelands Association of REALTORS® (or The Lakelands) and has a membership of over 1,550 REALTORS® to serve you in your real estate search.

We have lots of great info in this month’s newsletter! Check out our piece on 6 Fall Festival Spots in Simcoe County in the Things to Do & See section of this month’s Newsletter. 

Also in this issue of the Clairwood Connection, you’ll find Market Stats for the Southern Georgian Bay’s Western District; an explanation of what a  “Statement of Adjustment” is; a link to our latest blog “Must-Have Tools to Have in Your Home”; the latest real estate news and a link to our Featured Listings.

You can also link to our website to check out our Community Profiles and Our Clairwood Team!

If you are thinking of making a new beginning with a property purchase in the Southern Georgian Bay area, you will benefit from working with one of our amazing REALTORS®. Give us a call at 705.445.7085 to connect today!

Market Statistics 

The real estate market in the Southern Georgian Bay area is still in the Seller’s favour but is becoming more balanced. The market has slowed considerably since the summer, but still boasts some beautiful properties for consideration. Here is our Market Snapshot for September 2021. To see the detailed Market Statistics for the Southern Georgian Bay Real Estate Market, click here

What Does That Mean?

Each month we focus on a real estate term to help clarify its meaning.

This month we are focusing on the “Statement of Adjustments“.

A Statement of Adjustments is a document, typically prepared by the lawyer or notary, that clearly describes all of the costs to the buyer. Its goal is to ensure that all the financial obligations of the transaction are accounted for and clear to both the buyer and the seller. It also serves to identify the method used to pay the purchase price.

You can also consider it a financial statement or worksheet, as it balances the credits to the seller and the credits to buyer, that accounts for where all of the money went.

Possible Credits to the Seller:

  • Purchase price of the property.

  • Prorated amount of Municipal taxes that the purchaser owes the vendor because the vendor has prepaid to the end of the year.

  • Prorated amount of Expenses (such as condo fees) that the purchaser owes the vendor because the vendor has prepaid to the end of the year.

  • Reimbursement for rental or damage deposit amounts if the property is being rented out.

 Possible Credits to the Buyer:

  • Any deposit already paid

  • Adjustments agreed to in the Agreement of Purchase and Sale

  • Any rebates from the seller to the purchaser for any issues that arise after the agreement is signed. For example, the vendor may agree to make an adjustment after the results of a home inspection reveal something that needs to be fixed

The final line item in the document is the amount of money required to complete the transaction.

So while “Statement of Adjustments” might sound confusing, in reality it’s just a fancy name for a financial worksheet. 

You can find more Tips for Buyers and Tips for Sellers on our website.

Things to See & Do

Cooler weather is approaching and Simcoe County’s pumpkin patches are starting to blush with shades of orange, green, white, and yellow pumpkins. Put on your favourite chunky sweater and head over to a fall festival near you, or take a drive and try a new location this year.

Here are six farms celebrating fall in Simcoe County (from Simcoe.com

CHAPPELL FARMS

Hours: Open 9 a.m. to 5 p.m. daily. Tickets are available at the farm gate. 

Cost: Tickets are $10 on weekdays and $14 on weekends because extra activities are taking place. Children under age two are free. 

Location: 617 Penetanguishene Rd., Barrie.

The fall festival started Sept. 13 and runs until Oct. 31. Visit the animals, run on hay bales, explore the corn maze, ride a tricycle along the track, take a walk on the new trail, and pick your perfect pumpkin. Website: chappellfarms.ca/fall-festival/ 

DRYSDALE’S TREE FARM

Hours: Saturdays and Sundays 9:30 a.m. to 4:30 p.m. 

Cost: $12.75 per person. Children age 3 and under are free.

Location: 6635 Simcoe County Rd 56, Egbert

Halloween and Harvest Village begins Oct. 9 and takes place each weekend until Halloween. Guests must preregister. Registration opens Oct. 1. Activities include: pumpkin picking (not included in admission price), a walk down the haunted trail, an obstacle course, kids zip line, and train rides. Bring marshmallows and roasting sticks for the bonfire. Website: drysdales.ca/ 

HEWITT’S FUN FARM

Hours: Tickets are sold in time slots in limit numbers to allow for physical distancing and cleaning between guests. Time slots are: 9 to 11:45 a.m., noon to 2:45 p.m. and 3 to 6 p.m. 

Cost: $12.50 plus HST per person over age two. Every ticket holder gets to pick one pumpkin from the patch. Buy your tickets online. 

Location: 3331 Town Line, Coldwater

Hewitt’s fall season runs from Sept. 25 to Oct. 31. Activities include: corn maze, wagon rides to the pumpkin patch, combine play structure, sand kitchen, junior farm market, you can visit the animals, and climb the straw mountain. Website: hewittsfarmmarket.com/fun-farm/ 

MORRISON PUMPKIN FARM

Hours: Monday to Sunday from 9 a.m. to 6 p.m.

Cost: There is no admission fee. The corn maze and other activities are free.

Location: 4449 County Road 124, Collingwood.

This multi-generational family-owned farm grows and sells over 50 varieties of pumpkins, squash, and ornamentals and offers lots of family fun. Check out the produce, fall decor, play in the corn maze and take a selfie at the picturesque farm and creative displays. Website: morrisonpumpkinfarm.com/

MURPHY’S FARM

Hours: Monday to Sunday: 9 a.m. to 5 p.m. Final admission is 3:30 p.m. 

Cost: Saturday and Sunday: $13 per person. Monday to Friday: $9 per person. Children under age two are free.

Location: 5141 County Rd. 10, New Tecumseth.

Murphy’s annual Fall Fest runs from Saturday, Sept. 18 to Sunday, Oct. 31. There’s a pick-your-own pumpkin patch (prices not included in admission), wagon rides, corn maze, pumpkin cannon show, and the fun farm yard. They’ve got natural fall decor including corn stalks and straw bales, and a market with desserts. Website: murphysfarmmarket.com/ 

ROUNDS RANCH

Hours: 10 a.m. to 5 p.m. (last check in at 3:45 p.m.) Saturdays 10 a.m. to 10 p.m. (last check in 8:45 p.m.)

Cost: youth age 10 and up and adults $23, children 2 to 9 are $19. Discounts are available for advance bookings.

Location: 1922 County Rd. 92, Elmvale.

Pumpkin Mania runs Sept 18 to Oct 31. Enjoy a scenic wagon ride to the back of the ranch, a free pick-your-own pumpkin, gourd games including pumpkin bowling, a pie eating contest, sack races, and more. Website: roundsranch.com/

Featured Listings

Read our Latest Blog

Must-Have Tools To Have In Your Home

When you own a home, it seems like there’s always something that needs to be fixed or a project that needs to be done. Having the right tools on hand will make every job easier and save you a lot of frustration. If you don’t already have a well-stocked toolbox, now is the time to start building up your collection.

Tools can be expensive, so it’s important to know which ones you definitely need and which ones you can probably wait to buy. Start your collection with these “must-have” tools.

Read more

Real Estate News

Together we make up a group of enthusiastic professionals eager to show you the possibilities of the Southern Georgian Bay real estate market. We use the most current tools and technology so we can meet your needs, whether they be investments or a dream home. With years of experience in real estate and the Georgian Bay area, we value our clients because we care about this area and the people who live in it. Click here to connect. We look forward to meeting you.

We love where we live and work and we know that you will love it too! Click here to check out the Community Profiles of the Southern Georgian Bay communities that we think are great places to live.

Click on the calendar to go to our listing of upcoming Open Houses

Follow us on Social Media!

If you would like to receive the Clairwood Connection Newsletter in your inbox each month, fill out the form here.