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🏡 Probate, Waterfront Tips & PEI Property Mistakes to Avoid 🌊

Episode 128 of the The Michael and Patty Real Estate Show podcast, hosted by Michael Poczynek & Powerhouse Patty Castle, titled "🏡 Probate, Waterfront Tips & PEI Property Mistakes to Avoid 🌊" was published on April 11, 2026 and runs 26 minutes.

April 11, 2026 ·26m · The Michael and Patty Real Estate Show

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๐Ÿก Thinking about buying, selling, inheriting, or investing in Prince Edward Island real estate? This episode is packed with practical PEI real estate advice, legal caution points, and smart property insights that could save you time, money, and headaches. From probate and septic field surprises to waterfront showing tips and neighbour boundary nonsense, this is one of those episodes where the little details can make a very big difference.

๐ŸŒŠ We dig into the realities of PEI real estate that buyers, sellers, investors, and out-of-province movers need to understand before making costly mistakes. Whether you are dealing with an estate sale, considering a detached garage, reviewing a water test clause, or trying to separate good advice from useless noise, this episode is full of the kind of real-world guidance that rarely shows up in glossy brochures.

In this episode, we continue the conversation on net multiples and remind listeners that sometimes a topic gets dropped and picked back up later โ€” because this show is a passion project, not some overproduced boardroom production. We also talk about probate and listing time frames, including why it is so important to have issues cleaned up before a property hits the market.

We cover a key warning for buyers: if you are purchasing a property where someone wants to build a detached garage over a septic field, make sure your lawyer handles the application and gets formal acceptance before closing. That is not the kind of surprise you want after the keys are in your hand.

There is also a classic PEI-style real estate curveball: what happens when someone moves to the Island from out of province and a neighbour suddenly claims it is โ€œcustomaryโ€ to hand over part of your land โ€” or tries to buy a slice of your property for next to nothing. Spoiler alert: that kind of story deserves a very hard look before anyone signs anything.

We also share tips for showing waterfront and waterview properties properly, including one simple trick Islanders often overlook because they are so used to the beauty around them. Plus, we touch on water test clause sign-offs, why asking your investor mates for opinions on your personal real estate purchase can be a terrible idea, and the news that Prince Edward Island celebrated a record-breaking 2025 tourism season.

If you care about PEI real estate, waterfront homes, probate property sales, due diligence, rural property issues, and avoiding bad advice, this episode delivers plenty of useful takeaways with a bit of humour along the way. ๐ŸŽ™๏ธ๐Ÿ

My mailing list and weekly newsletter. This will deliver to your inbox New listings before they are on MLSยฎ, PEI Real Estate Tips, Tricks and Traps and general information about PEI.

Subscribe here: http://eepurl.com/b8yULf

Connect with Patty: ๐Ÿ”— YouTube: Powerhouse Realty PEI ๐Ÿ”— Website: Powerhouse Real Estate PEI

Join our new Facebook Group for people Moving to Prince Edward Island with Michael and Patty at https://www.facebook.com/groups/movetopei/

New! LinkedIn Group: https://www.linkedin.com/groups/4771212/

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

๐Ÿ“ž Michael: 902-626-6912 (Century 21 Northumberland Realty (1987) Limited)

๐Ÿ“ž Patty: 902-626-6622 (Powerhouse Realty PEI Inc.)

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