What is a CMA and Why Do You Need One?
What is a CMA? why do you need one?
CMA is real estate shorthand for “Comparative Market Analysis”. A CMA is a report prepared by a real estate agent providing data comparing your property to similar properties in the marketplace.
The first thing an agent will need to do to provide you with a CMA is to inspect your property. Generally, this inspection won’t be overly detailed (she or he is not going to crawl under the house to examine the foundation), nor does the house need to be totally cleaned up and ready for an open house. It should be in such a condition that the agent will be able to make an accurate assessment of its condition and worth. If you plan to make changes before selling, inform the agent at this time.
The next step is for the agent to obtain data on comparable properties. This data is usually available through MLS (Multiple Listing Service), but a qualified agent will also know of properties that are on the market or have sold without being part of the MLS. This will give the agent an idea how much your property is worth in the current market. Please note that the CMA is not an appraisal. An appraisal must be performed by a licensed appraiser.
The CMA process takes place before your home is listed for sale. This is a good assessment of what your house could potentially sell for.
CMAs are not only for prospective sellers. Buyers should consider requesting a CMA for properties they are seriously looking at to determine whether the asking price is a true reflection of the current market. Owners who are upgrading or remodeling can benefit from a CMA when it’s used to see if the intended changes will “over-improve” their property compared to others in the neighbourhood.
If you’ve been thinking about downsizing, summer is the perfect season to make a move. The warm weather makes exploring new neighbourhoods easier, real estate activity is high, and it’s the ideal time to settle into a new home and community before the fall. But downsizing isn’t just about square footage, it’s about lifestyle. Choosing the right neighbourhood can make all the difference in how you enjoy this next chapter. Whether you’re retiring, becoming an empty nester, or just looking to simplify, here’s what to look for in a community-oriented neighbourhood and some of Guelph’s best spots to find it.
Guelph is full of cozy cafés and vibrant coffee spots—but when the weather warms up, there's nothing better than taking your latte outdoors. Whether you’re setting up shop for a remote workday or meeting us to chat real estate, these local cafés offer the perfect mix of great coffee, welcoming atmosphere, and (yes!) patio seating. 1. Red Brick Café 📍 8 Douglas St Red Brick’s downtown patio is tucked just off the main street, making it a peaceful spot despite its central location. Grab a spot under the shade and enjoy a treat, the Red Brick Cafe offers specialty coffee, delicious food, craft beer and a warm atmosphere. 2. Planet Bean Coffee 📍 2 Wyndham St N, 740 York Rd, 333 Grange Rd Planet Bean is a Guelph classic—and each location has its own vibe. The downtown shop offers sidewalk seating right in the heart of the city, perfect for people-watching between emails. Meanwhile, the York and Grange locations both offer quieter patios surrounded by greenery. 3. Capistrano Bistro & Espresso Bar 📍 146 Wyndham St N Not only is the inside of Capistrano beautifully styled, but their patio is also one of the more elegant options in town. With umbrellas, bistro tables, and a quiet street feel, it's a great spot to enjoy your afternoon. 4. Balzac’s Coffee Roasters 📍 5 Gordon St, Guelph, ON A beautifully designed café right in the downtown. Balzac’s brings Toronto café vibes to Guelph. With high ceilings, big windows, and well-brewed classics, it has a charming outdoor seating area, perfect for enjoying your coffee al fresco during warmer months. The patio provides a pleasant setting for informal meetings or a peaceful work session amidst the downtown buzz. 5. Double Rainbow Café 📍 60 Ontario St, Guelph, ON Nestled in the heart of The Ward, Double Rainbow Café offers more than just exceptional coffee and tea. It's a space where art, community, and inclusivity converge. The café boasts a selection of specialty drinks, including lavender and cardamom lattes, alongside a variety of teas and baked goods. Coffee + Conversation = Our Kind of Combo Whether you're planning your next move or just looking for a cozy corner to get work done, these local cafés offer more than just caffeine—they’re community hubs, meeting places, and inspiring spaces to connect. Need a recommendation—or want to meet for a coffee and real estate chat? Reach out to the Hudson Smith Real Estate Group and let’s make it happen.
Rockwood, Ontario, is a hidden gem nestled in Wellington County, offering a harmonious blend of natural beauty, community spirit, and convenient amenities. Whether you're seeking a peaceful retreat or a vibrant community to call home, here are the top five reasons why Rockwood should be on your radar: 1. Natural Beauty at Rockwood Conservation Area At the heart of Rockwood lies the breathtaking Rockwood Conservation Area, renowned for its limestone cliffs, caves, and glacial potholes. This natural haven offers a plethora of outdoor activities, including hiking, canoeing, and camping, making it a paradise for nature enthusiasts. 2. Active Lifestyle Opportunities For those seeking an active lifestyle, Rockwood doesn't disappoint. The town offers various recreational activities, including hiking trails, canoeing on the Eramosa River, and exploring the unique geological features of the area. The Rockmosa Older Adults Centre provides access to drop-in activities, social events, and fitness programs, ensuring residents have ample opportunities to stay active and engaged. 3. Vibrant Local Amenities and Events Despite its small-town charm, Rockwood offers a variety of amenities. The Rockmosa Community Centre is a hub for recreational activities, featuring sports fields, a splash pad, and a library. The town also hosts events like the Rockwood Farmers' Market, fostering community engagement and supporting local businesses. 4. Convenient Location Despite its small-town charm, Rockwood offers easy access to larger urban centers. It's situated less than 40 minutes from Milton and Mississauga, making it a convenient location for commuters. Additionally, the town features nice restaurants, quaint stores, and delicious bakeries, providing residents with local amenities and dining options. 5. Rich History and Culture Rockwood's history dates back to the early 19th century, with the Eramosa River playing a central role in its development. The town's historical sites, such as the ruins of the Harris & Co. Rockwood Woolen Mill, offer a glimpse into its industrial past. This rich heritage adds depth and character to the community. Rockwood combines natural beauty, a strong sense of community, convenient location, rich history, and active lifestyle opportunities, making it an attractive destination for individuals and families alike. If you're looking for a place that offers both tranquility and engagement, Rockwood might just be the perfect fit for you. If you're thinking about making a move, our team would love to help you discover all that Rockwood has to offer. From market insights to private showings, we’re here to guide you every step of the way. Let’s find your next home — in a place that truly feels like one.
