GTA Real Estate Professional Advice and Service

Every home seller’s goal is to sell their house for maximal value. Many go the extra mile, with renovating and upgrading as much as they can, not knowing that ultimately, they end up spending way more than they get back in value. When it comes to selling your home, it’s the little things that can go a long way to increase the price you can eventually charge for your house. For instance, most buyers respond positively to a clean, clutter-free home that is in good condition rather than one that is packed with luxurious items bought 30 years ago. As time goes on, we become accustomed to our homes, often overlooking the eyesores and the list of honey-dos that were never completed. Clutter accumulates. We think nothing of the low light. The pale and cracked paint. However, buyers do. Sometimes they notice even the smallest details you haven’t noticed since you started living in the house. But since you haven’t noticed them, how can you change them? Well, having an unbiased o...

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We previously discussed the importance of staging the inside of your home in our last article Top Staging Tips – Inside Your Home and covered our 3 top staging tips for inside your home. However, the outside of your home is just as important, regardless if you’re living in a condo, townhouse, semi-detached or detached home! As we mentioned before (and will in future articles), staging is an absolute must when selling your home. Studies have shown that it can increase the price you get by as much as 6.3% , which is a considerable amount of money when talking about properties.  Many people are not familiar with house staging and have a certain aversion towards it, thinking it’s just a waste of precious time and money. However, staging is not like that at all. You don’t have to spend days, even hours, on staging the outside of your home and the money you invest is insignificant, compared to the return. In fact, house staging is the most cost-efficient thing you can do when...

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When selling your home, staging is an absolute must. Staging is what makes the house feel like a home to potential buyers, so it’s crucial to make it feel warm and welcoming. Studies have shown that proper home staging can increase the price you get by as much as 6.3%. “Staging” your home, by definition, means setting the scene for immediate buyer interest in your property. You want people to see your home in its best light. We previously discussed staging the outside of your home and how it can help you boost the price. However, to be really effective, you need to look at the inside of your home as well. After all, buyers are after what’s on the inside, so it’s what ultimately sells the property. That’s why in our next article we will cover some of our main tips for staging the inside of your home. 1. De-clutter. Decluttering your rooms is one of the easiest and most cost-efficient things you can do to increase the price of your house. Clutter takes a lot of your house spa...

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Application Luxury Buyer FB first appeared on: GTA Real Estate Pros 154 Bathurst St, Toronto, ON, M5V 2R3 647-362-2000 https://goo.gl/Yj7G5g

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The last month of the year for the Greater Toronto Area real estate market can be summed up in two words: growth and change . Closing up the decade, in 2019 the number of sold homes amounted to around 87,500 properties, a growth of 12% compared to 2018 but still below the decade average of 91,000 properties. This number should come as no surprise since the supply on the market has been steadily dropping over time, resulting in lesser months of inventory of 1.7 (the decade average is 2.2) and a higher sales-to-listing ratio of 82% which is significantly higher than the decade average of 70%. As a result, prices have gone up to an average of $843,637, steadily closing up to the all-time high price of $918,130 from April 2017. As for condos, there hasn’t been much of a change looking at year-to-year numbers. Condos haven’t been as popular as semis/rows/towns or detached homes and marked growth of only 1% on a year-to-year basis. As a comparison, 24% more detached homes were sold and ...