Should I Wait Until Spring? (2021)
Should I Wait Until Spring? 

Does that title sound familiar? It should, as I believe I have written this same title before.
 

However, the content of this article is completely different. I can’t ignore the fact like Groundhog Day, this is the time of year I get these types of questions all of the time. My answer just happens to be different this year, and worthwhile to explain why.
Look, no one puts more confidence in our Guelph real estate market than me. I have invested in this market for 25 years and I hope to continue to do so for the next 25 years. I know I always use this line, yet it’s true and relevant; real estate isn’t about timing, it’s about time IN.
What is there not to feel great about here in Guelph?

New development moves at a snail’s pace keeping the pressure on resale. If you never have to drive anywhere, you probably have a hard time appreciating how close to everything Guelph really is. A University town, with old charm, and an up and coming buzz. I love it here, and the secret has been out for a few years now. What was once an affordable option west of Toronto, is now a household name for its community feel with no lack of convenience. And here we are in another amazing year.


What will turn that around? Low interest rates? Too much supply? Not right now.

But in complementing our great market, I’m getting away from the big question people are asking, “Should I list now?”.


Well, that depends. Have you found a house yet? That’s the harder part if you are buying and selling, and definitely the one you should accomplish first. Look, whenever you do find that perfect home, you will be buying and selling in the same market. So, it really doesn’t matter, but for people that have found their home and are closing on it next year in 2021, this is very important.

Of course, the knee jerk question to a 2021 closing in February, March, or April, is “Will I list in the new year?”, “Why should I try to sell my house now when the hope is still to get in before Christmas?”.

 


I know why you would think that, for goodness sakes, that is the advice I have given before! What’s different now? The buyers are different, and I am a believer in always working with the things we know. The market is great right now, that can’t be disputed, and more often than not, a buyer is willing to flex on things like a closing date to get the house they want. 


The market has been a competitive landscape all year, and this could be the fever pitch. 

 


To sum things up, traditionally waiting to sell your home in the new year is a great idea. It’s a way of tapping into an audience where the criteria is all the same. However, the strength of the real estate market right now should not be ignored. If you are targeting to close on a home this year or early next, right now is the time. Buyers are more than willing to wait; they’ve already waited this long. As always, for any real estate questions, call me anytime, I’m always up for a chat.

Your Guide to Buying a Home with an Income Suite

August 5, 2025
Buying a home with an income suite is one of the smartest ways to break into real estate—or level up your investment game. Whether you're a first-time buyer looking to offset your mortgage, or a seasoned investor seeking steady cash flow, these types of properties offer real potential. But like any real estate move, it’s important to go in informed. Here's what you need to know before buying a home with an income suite in Guelph or the surrounding area. What Is an Income Suite, Exactly? An income suite (also called a secondary suite or in-law suite) is a self-contained unit within a home that can legally be rented out. Think basement apartments with their own entrance, kitchen, bathroom, and living space. Why Buy One? Offset your mortgage: Rental income can significantly reduce your monthly costs. Build equity faster: That extra income can help you pay down your loan sooner. Future flexibility: Use it later for multigenerational living, downsizing, or guest space. Attract future buyers: Many homebuyers see income potential as a major bonus. What to Look for in a Property When searching for a home with a suite (or one that can be converted) look for: Separate entrance Proper ceiling height and windows (especially in basements) Second kitchen and full bathroom Dedicated parking Soundproofing and privacy Zoning compliance Already legal is ideal—but don’t worry, we can help you assess the potential for legalization if needed. Legal Considerations Not every secondary unit is legal, and the rules vary by municipality. It’s essential to verify permits, inspections, and approvals before you buy—or plan to renovate accordingly. How to Analyze the Numbers Not sure if the numbers make sense? Here’s what to factor in: Current market rents (we can provide comparables!) Cost of potential renovations or upgrades Additional utility costs or separate meters Landlord insurance Property taxes and maintenance How We Can Help At the Hudson Smith Group, we’ve helped dozens of clients successfully buy and sell properties with income suites. From analyzing the investment potential to connecting you with local contractors and city resources, we’re here every step of the way. Ready to Start Your Search? Buying a home with an income suite isn't just about real estate—it's about setting yourself up for financial flexibility, stability, and long-term growth. If you’re curious about what’s on the market or want to learn more, reach out to us anytime. Let’s find you a home that works for you.

The Realities of AI in Real Estate

July 22, 2025
There’s no doubt that AI is transforming nearly every industry, and real estate is no exception. From virtual staging to automated property valuations and marketing material that seems to write itself, artificial intelligence is making waves. But what’s actually helpful, and where does the human touch still matter most? Here’s a closer look at the realities of AI in real estate today:

From Vision to Reality: The Journey Behind 198 Pasmore St

July 9, 2025
Some homes are built to sell. Others are built to stay. But every once in a while, a home is built with such care, such craftsmanship, and such a bold vision that it becomes a legacy. Welcome to 198 Pasmore Street! A property seven years in the making, where every inch tells a story of patience, passion, and perfection.
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