Baddeck Real Estate

Overlooking Malitia Point, this 25 acre, surveyed lot offers nothing but privacy and serenity. The lot is mostly treed, choose your spot and build your dream home. The views and waterfront are amazing and offer sheltered mooring for you boaters out there. Approximately 1 hour from Bell Bay Golf Course in Baddeck. Dundee Golf is not too far away and there is a convenience store in Orangedale(everything from soup to fridges). Travel approximately 6 kilometers in on the Big Harbour Island Road to the start of the road frontage. Farther down the road is the easement road taking you close to the water. No need for you to build a road…it`s been done!
MLS #: 50233295
Terri Brewer
Catherine E. Harvey Realties Ltd.
902 295 2364 ph
902 295 3472 home
www.harveyrealties.com

Adorable 2 bedroom cottage with available(at the road) municipal water. Cottage has all new electric heating and water heater. The view and water frontage of this property is nothing short of amazing. The vast view of MacKinnon’s Harbour is breathtaking. The water offers a safe harbour during bad weather. Close to the Highland Village and restaurant. There are many available clearings to add to the property if this is the wish of a potential buyer. Canoeing, kayaking, swimming, boating, water skiing, jet skiing….the water activities are only limited to your imagination. The land is mostly cleared with the exception of the water frontage. Easy walk to the shore. The potential of this property lies within the buyers dreams. 4.6 acres of paradise to play with.

85003283 & 85003259 – Listing Agent – Terri Brewer

Catherine E’ Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

 $225,000.

 

Lovingly restored farm house on 19.6 acres of land over looking the Bras d`Or Lakes.Finishing touches are all that is required to complete this stately home. Original hardwood flooring and moldings add charm and warmth to this home. Some recent renovations include windows and doors, siding, soffits, fascia, cistern and pump, ultra violet light, plumbing, hot water tank, wiring,furnace, liner and cap, oil tank, insulation in the attic, and a renovated bathroom up stairs. Four bedrooms and a bath on the upper level. Main floor features are a large living room, dining room, kitchen with pantry, tucked away laundry room, porch and a sun room. Close to the amenities od Whycocomagh and Baddeck, this home offers privacy as it is set back from the road. An old fashioned character home best describes this property. Updated landscaping welcomes you upon your arrival down the long driveway with the gorgeous view of the lake. Interior photos arriving soon!

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com

According to the Canadian Real Estate Association:

 

 

Residential Activity     
 
Detached  
Residential sales activity in the area served by the Nova Scotia Association of REALTORS® edged down from year-ago levels in the second quarter of 2011.
 

Residential property sales were down two per cent on a year-over-year basis to 2,814 units in the second quarter.
 

Detached home sales edged up by just one unit from year-ago levels to 2,028 units in the second quarter of 2011. Detached home sales activity was up in all areas except in Halifax-Dartmouth.
 

The number of months of inventory was up slightly from the end of the second quarter of 2010. Months of inventory were also up in all areas except Northern Nova Scotia and South Shore.
 

Within the areas served by the Nova Scotia Association of REALTORS®, buyers took less time to shop than they had a year ago in all areas except Halifax-Dartmouth.
 

The median price for detached home sales was down one tenth of one per cent from a year earlier to $224,700 in the second quarter of 2011. This is still the second highest median price on record.
 

The median sale price was up the most in Cape Breton, rising 15 per cent to $119,000.
 

Median sale prices were also up in Northern Nova Scotia (+7 per cent) and Halifax-Dartmouth (+1 per cent), rising to $130,750 and $266,375, respectively.
 

The median sale price was down eight per cent year-over-year to $138,500 in the Highland area, and edged down one per cent in the South Shore region to $153,000.

 

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com

 

$649.000

 

LOCATION! This stately home is looking for someone to love it. Sitting pretty on the Bras d`Or Lakes, this home offers one of the last larger parcels in Baddeck. 3.0 acres and 268 ft. of shore front with a tree lined driveway and easy access to the water. Five upper bedrooms, four of which have original hardwood flooring. Gorgeous baseboards and banisters are an asset to the home along with maids stairs off the kitchen. The amenities of the Village of Baddeck are just a few minutes walk away. At the shore, you can see the light house on Kidston Island as well as the estate of Alexander Graham Bell. If restoring old homes is your passion…this is it

MLS# 85078830 -     Listing Agent – Terri Brewer

Catherine E Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

According to CREA:

Residential Activity     Print Data

Detached   Residential sales activity in the area served by the Nova Scotia Association of REALTORS® edged down from year-ago levels in the second quarter of 2011. Residential property sales were down two per cent on a year-over-year basis to 2,814 units in the second quarter.   Detached home sales edged up by just one unit from year-ago levels to 2,028 units in the second quarter of 2011. Detached home sales activity was up in all areas except in Halifax-Dartmouth.   The number of months of inventory was up slightly from the end of the second quarter of 2010. Months of inventory were also up in all areas except Northern Nova Scotia and South Shore.   Within the areas served by the Nova Scotia Association of REALTORS®, buyers took less time to shop than they had a year ago in all areas except Halifax-Dartmouth.   The median price for detached home sales was down one tenth of one per cent from a year earlier to $224,700 in the second quarter of 2011. This is still the second highest median price on record.   The median sale price was up the most in Cape Breton, rising 15 per cent to $119,000.   Median sale prices were also up in Northern Nova Scotia (+7 per cent) and Halifax-Dartmouth (+1 per cent), rising to $130,750 and $266,375, respectively.   The median sale price was down eight per cent year-over-year to $138,500 in the Highland area, and edged down one per cent in the South Shore region to $153,000.

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com

According to CREA:

Bank of Canada holds key rate at 1%

Signals rate hike may be on the horizon

The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on July 19th, 2011. This marks the seventh consecutive policy decision in which interest rates have been kept on hold.

The Bank has been warning for some time that interest rates will ultimately have to rise, but hinted more strongly in this most recent announcement that a hike was coming by removing the word “eventually” as to when that might happen.

The Bank said, “To the extent that the expansion continues and the current material excess supply in the economy is gradually absorbed, some of the considerable monetary policy stimulus currently in place will be withdrawn, consistent with achieving the 2 per cent inflation target.”

The Bank noted, however, that downside risks to the outlook remain elevated, with debt woes on both sides of the Atlantic, and that the outlook for a gradually improving domestic picture assumes these issues will be contained. As regards the European situation the Bank said, “The Bank’s projection assumes that authorities are able to contain the ongoing European sovereign debt crisis, although there are clear risks around this outcome.”

The Bank’s forcast for economic growth in Canada was little changed from its April forecast. The Bank now expects the economy will grow 2.8 per cent this year. This was revised slightly from the previous forecast of 2.9 per cent. The Bank kept its 2012 and 2013 growth forecasts unchanged at 2.6per cent and 2.1 per cent respectively.

Also unchanged were expectations that the output gap, a measure the spare capacity in the economy, would be closed by the middle of next year, and that headline inflation would remain above 3 per cent in the near term due to temporary factors, namely higher food and energy prices.

The core rate of inflation, which strips out those volatile items, hit 1.8 per cent in May owing to “persistent strength in the prices of some services.” The Bank now expects the core rate to “remain around 2 per cent over the projection horizon.”

As of July 19th, 2011, the advertised five-year lending rate stood at 5.54 per cent. This is down 0.05 percentage points from 5.59 per cent on May 31st, when the Bank made its previous policy interest rate announcement.

The Bank will make its next scheduled rate announcement on September 7, 2011, and many experts had already been forecasting a rate hike at that time. Given the slight change in tone in this most recent announcement, bets for a September hike will likely be increased further. That said, a lot could happen between then and now, particularly given the magnitude of current downside risks.

Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck, NS

902 295 2364 ph, 902 295 3019 fax

www.harveyrealties.com

$99,000 Middle River

3319 Cabot Trail

 

                                        $99,000.     3319 Cabot Trail at Middle River

Absolutely gorgeous riverfront land with a three bedroom bungalow. The mostly cleared land is very attractive with it`s road to the river. A cozy wood stove invites you to the living room which opens up to a private, fenced front yard. Newer windows and doors enhance the decor of this charming property. A large laundry room offer storage space as well. The large garage/workshop has electricity for your convenience. The property boasts riverfront from 2 separate parcels including over 400 ft. of river frontage. Imagine fishing from your back yard.

85131977,85131969 –     Listing Agent – Terri Brewer

Catherine E. Harvey Realties Ltd.

Baddeck NS

902 295 2364 ph, 902 295 3019 fax

902 295 3472 home

www.harveyrealties.com