🏡 PEI Real Estate Truths: Taxes, Thin Cottage Market & Unrealistic Sellers 📉🌊

Looking for the truth about Prince Edward Island real estate? 🏡 Whether you’re buying, selling, or just curious about the PEI property market, this episode pulls back the curtain on what’s really happening. From skyrocketing seller expectations to the realities of appealing property taxes, you’ll get insights only seasoned PEI REALTORS® can provide.

We break down why appealing your property taxes every year matters (and how to use IRAC), the thin cottage market in Western PEI where supply and demand don’t line up, and why some buyers think their property doubled in value overnight. 📉🌊

But that’s not all. We dig into the hidden risks of vinyl siding that could lead to water damage, explore quirky deed issues like when your “right of way” is literally in the ocean, and explain why sellers shouldn’t expect weekly updates from their agent in rural PEI. 🚜

You’ll also hear about:

• Why August is the busiest month of the year for PEI real estate (if the weather cooperates).
• Multiple showings to buyers with no financing, and how to protect sellers from wasting time.
• The difference between PEI real estate rules and big provinces like BC or Ontario.
• How aerial oblique photos can reveal fascinating property history.
• Why the government might be your best buyer if your property has no access.

This episode is packed with practical advice, funny stories, and straight talk about the unique real estate challenges and opportunities in Prince Edward Island. Whether you’re relocating to PEI, investing in a cottage, or selling your family home, you’ll walk away with knowledge to help you make smarter decisions in today’s market.

PEI Real Estate real-time search/videos/government links: https://michaelshomes.com/links.html

Ready to unlock the door to your dream property?

🎧🏡 #PEIRealEstate #DreamPropertyOffer #LivingInPEI #ExplorePEI #PEI

Connect with Michael: 🔗 YouTube: Michael Poczynek 🔗 Website: Michael's Homes 🔗 Twitter (X): Michael's Twitter

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Connect with Patty: 🔗 YouTube: Powerhouse Realty PEI 🔗 Website: Powerhouse Real Estate PEI

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Prefer a more personal touch? Call or text us at:

📞 Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)

📞 Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)

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