Archives for Sellers

Getting Ready to Sell Your Home in Winter: What You Need to Know

Selling your home in the winter Real Estate market may seem undesirable to some, but it has many overlooked advantages that actually make the cold dreary season a potential sellers-market!  One thing found is that winter buyers are generally more serious, which makes complete sense, as most people don’t find joy in dawning winter-wear and bracing cold icy roads and weather just to check out the real estate market on a lazy sunday. Additionally, with fewer properties listed for sale, the market is smaller, making it easy to stand out in the neighbourhood. Keeping up with yard work and weeding
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Home Renovations with a Great Return on Investment

Home Renovations with a Great Return on Investment We’ve all been there: “I love our kitchen, but what if we added an island?” or “our en suite bathroom is great, but it’s missing a little colour” or even “our basement is so spacious, I wonder what it would look like finished”. Sound familiar? If you can relate with any of the above questions (or have debated a slightly different tweak to your home) then you’re likely well-acquainted with the idea of home renovations and how they can truly revamp a living space (or two). But what if we told you
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How Will Real Estate Markets React To The Liberals' Election Victory?

  The Liberal Party’s successful election campaign included a promise to stimulate the economy by increasing infrastructure spending with deficit budgets. How will these changes effect the country’s real estate market? Until details are released, the exact consequences are difficult to determine, but some possibilities have emerged.   Foreign Investment   We don’t know what will follow the Liberals’ change in fiscal direction (deficit spending versus balanced budgets), but, if the promised infrastructure spending materializes, it could boost annual growth in 2016 and 2017 “by up to 0.1 and 0.3 percentage points respectively,” according to a TD Bank report.  
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How to Stage Your Home for Fall Showings

  This Zillow.com post by Nathalie Wise suggests that the time and cost of staging your home can result in higher sale prices and less time on the market.  Remove clutter, store items that could distract viewers and move furniture away from walls to make your spaces appear larger.  Clear counters and deep clean everywhere because it’s still the best way to make a house shine.  Allow potential buyers to visualize themselves in the home by taking down family pictures that could impede their imagination.  Open curtains to let in natural light and hang mirrors to bring light and life
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6 Sneaky Ways to Make Your Home Look Expensive

  If you want to convert your home’s look from average to exceptional, this Realtor.com post by Jamie Weibe tells you how.  Remove mismatched decor items, store toys/magazines and organize your things to fix a cluttered appearance.  Clean and re-grout tile to make it look new.  Use traditional, neutral tones to freshen paint in areas that need it.  Upgrading hardware, faucets or countertops are all relatively inexpensive ways to give kitchens and bathrooms a more luxurious appearance.  Adding or rearranging lighting can create an illusion of space and separate rooms.  To read more click here.   This article was first published
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6 Misperceptions About Home Staging

  In this insightful Realtor Magazine post, interior decorator and professional stager Patti Stern explodes six myths about home staging.   The Cost of Staging For example, some sellers consider staging too expensive.  In reality, it actually saves you money because 95 percent of staged homes sell in 11 days or less and sell for 17 percent more than homes that are not staged.  Thus, staging costs are lower than the carrying charges (mortgage, utilities) you will pay if the house takes a long time to sell.   The Difference Between Decorating and Staging She also points out that decorating and
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Home-Grown Issues: The impacts of home-grown marijuana and legalization

Home-Grown Issues: The impacts of home-grown marijuana and legalization Many Canadians are awaiting this July 2018 with much anticipation, as Bill C-45 will allow the legalization of marijuana, including their ability to grow up to 4 plants within their residence. However, without the proper protections and awareness in place this new legislation could cost home owners thousands, or even their mortgage. The increase of private residence grow-ops that will begin following legalization is a major concern for the real estate industry. Experts say that everyone from “buyers, to sellers, to real estate agents, and home inspectors” will be affected by
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Market Update | Ottawa Real Estate Stats October 2015

  Here are the latest statistics from the Ottawa Real Estate board.  Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties.  If you are curious about the value of your home and/or specific neighbourhood statistics  please contact us anytime, we would  love to help.   Information below has been provided by the Ottawa Real Estate Board “October Home Buyers weren’t spooked by election results.” Members of the Ottawa Real Estate Board sold 1,161 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,119
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How Will Legalized Pot Affect Canadian Real Estate Markets

No matter what you think about the ethics or morality of legalizing marijuana, Justin Trudeau’s Liberal government has promised to do just that during their first term.  The fact is, we started down that path when medical marijuana was legalized. So, how will this impact real estate markets in Canada?         The Colorado Housing Market Exploded We see clues to the impact of mainstreaming the recreational marijuana business in Colorado, the first state to replace prohibition with regulation. On 01 January 2015, they celebrated their first year with operational adult use marijuana stores and, perhaps coincidentally, there
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