Neighbours Realty Team

REDUCED PRICE!
Check out this gorgeous, well-renovated two bedroom mini home in Riverview!

Massive renovations include: New Metal Roof, New Deck, New Siding, Heavily Insulated, New Bathroom, Updated Plumbing & Electrical AND NEW HOT TUB!

It has to be seen to be believed!!!

Check it out here:
https://www.neighboursteam.ca/listings/view/734997/new-brunswick/riverview/18-daisy-lane

It's Summertime!
What are YOU looking forward to?

Did you know that you can visit Canada's Parks for FREE again this year? There's also discounts on camping and other items.
Check it out:
https://parks.canada.ca/voyage-travel/conseils-tips/choisis-canada-choose/admission-camping

How should a home owner plan for maintaining their property?

For more real estate advice, follow Neighbours Team on YouTube and visit our website www.NeighboursTeam.ca
https://youtube.com/

You've bought your home.Now what!? #realestate #firsttimehomebuyer #homeowner #realtor #savings How should a home owner plan for maintaining their property? ...

RIVERVIEW!
After just 3 days on the market, we received an offer.
Conditions met and waiting to close, firming up the deal after just 14 days!
Congratulations to the Seller, as well as to the young First Time Home Buyers 👏

If you want to get your home sold by using good information, pricing appropriately and ACTIVE marketing, then reach out to Shawn at 506-889-2320 to discuss selling YOUR home. 🏡

Did you know that a portion of every sale by the Neighbours Realty Team goes towards a local family shelter?

Join Royal LePage Atlantic tomorrow at Centennial Park (weather permitting) as we fundraise and bring awareness.

Funds raised locally support Centre Courage Centre

Thank you to our sponsors Pillar To Post Home Inspectors and Premier Mortgage Centre for your support!

Post meeting follow up.
The Government of New Brunswick briefing to Realtors on the changes to property tax system in our province is over and I have a handful of takeaways:

There is acknowledgement that the system needs to changed. The old system doesn't work. Simply applying a system to a province where home prices have climbed by double to sometimes triple in assessed value, doesn't make sense where incomes are not in step. It's become very disproportionate. The first step to finding any solution is to acknowledge that there's a problem.

The province has decided to give municipalities the options to maintain a growth rate set by the province OR to justify a varied rate. Those justifications will also be included in property tax assessments to more clearly define where that extra cost will go, ex New Fire Trucks, By-Law Officers being hired, a New Police Station, etc.

The province has also updated the qualifications for tax relief for lower income earners (seniors, laid off workers, etc) though not to the same degree that the rates have increased. It's a start for sure, though maybe more could be looked at there.

I'm also going to address another concern that I brought up in the meeting: How are calculations done? I have no idea how my home is assessed. I asked directly and the answer was that this is private to the home owner. Except it isn't... It should be that anyone at all can pick up a calculation tool, input the facts and come out with a result that is at least generally in the neighbourhood of how the assessment office has put together our reports. This means knowing their valuation of finished versus unfinished space, or the type of cladding on the exterior of a wall, a pool or garage AND WHY those valuations are what they are. Does a 20x12 garage cost less to put out in a fire than a 25x20? Brick versus vinyl siding impacts the municipality how?

What's most important to me is a transparency in math and data that helps everyone to better understand their tax bills. This also removes the tax sticker shock when a home buyer receives their first assessment after purchase. We can better let a client know what to expect.

I'm grateful for colleagues who also raised their questions, such as Ryan Taylor and Barbara MacKinnon. As a Realtor body, we do our best to protect our clients and ensure that utmost transparency so that YOU are always making an informed decision.

I will keep you updated as we learn more and hopefully continue to work with the province to better develop a fair structure to the tax assessment system.

All the best,
Shawn Mayo
Team Leader
Neighbours Realty Team

Today, we're hearing from the Government of New Brunswick about proposed changes to the property tax reform. We're hoping for a clearer process to ensure property owners can understand the calculations and that a fair rate will be implemented.