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Showing posts from February, 2020

Home Not Selling?

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Although you may not be fully aware of it, you as the homeowner can play a significant role in the timely sale of your property. Selling houses is not something everyone does on a daily basis, so it can get a bit confusing as to what is the right thing to do to make a successful sale. That’s the part where we step in to help. Here are a few tips to make your next sale a profitable one. 1. Make the Most of that First Impression First impressions are everything, and that includes house showings too. A well-manicured lawn, neatly trimmed shrubs, and a clutter-free porch attract attention and welcome prospects. So does a freshly painted – or at least freshly scrubbed – front door. If it’s autumn, rake the leaves. If it’s winter, shovel the walkways. It’s important to make a clear pathway from the gate to your front door so potential buyers can easily come and see the house. The fewer obstacles between prospects and the true appeal of your home, the easier it will be to make a de...

Home Not Selling?

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Home Renovations ROI

Forget the roller-coaster stock market ride . For most Canadians, and the majority of the world, a home is a solid, familiar investment. Over time, your home will increase in value at a steady, safe rate. Although real estate prices have an upward trend over time, there are small bits you can do to further increase the return of your investment. Whether you are updating that 80’s style kitchen, removing green shag carpeting from the bedroom, or adding exterior curb appeal by applying attractive, maintenance-free siding, you will increase the market value of your home. When you’re renovating your home, here are a few things to consider: If you are financing an improvement, consider your budget. Keep your monthly payments within your limit. Consider the type of renovation. You could overdo a good thing if you spend too much on less favorable items. Perhaps you are planning to move in a few years and hoping to recover the costs...

Home Renovations ROI

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First Time Home Sellers

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Everyone in the real estate industry talks about and focuses heavily on first time home buyers. There are entire brokerages that specialize in this area. But it is very rare to hear anyone talk about first time home sellers and this is an important group to consider. That’s where we step in to help. As GTA Real Estate Pros, we know just how daunting your first sale can seem . We’re here to reassure you, that selling your first house doesn’t have to be a stressful experience. With the right helping hand, your first home sale can go as smoothly as if you’ve been flipping homes for years! Sellers need the attention the first time home buyers get as well! Because selling your first home can feel very overwhelming too. You’re not sure of the first steps, what’s involved, who to contact, costs, whether or not to spend money on renovations or staging, and so on. And to tell you the truth, there isn’t a lot of great advice out there in one solid place to help you through the process. You’...

First Time Home Sellers

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8 Costs of Selling Your Home

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Selling a house comes with all sorts of expenses, from tending to those minor repairs you’ve been avoiding for years to the compensation of agents and obtaining the required approvals. You may be familiar with some of these, while others may be completely new to you. Regardless of what brought you here, if you’ve recently decided to put your home up for sale, there are some costs you need to consider before you take the plunge. These costs shouldn’t come unexpectedly and should be factored in the selling price. To get your ready for them, we’ve made a list of some of the main costs you will be faced with when getting your house ready for sale: 1. Minor Fixes and Repairs Remember those minor repairs you’ve been putting off for a while? Well, before you put your home up for sale, you’re going to want to take care of them. Make sure to patch up any holes in the wall, provide a fresh coat of paint where needed, and do the other necessary updates where you’ve noticed that there is a...

8 Costs of Selling Your Home

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7 Tricks For Selling Your Home

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We touched on this subject a little bit throughout a few of our articles, but today we wanted to go more in-depth about the aesthetics of your home. Once you decide to sell your home, your goal should be to make it look its best. By doing so, you can present your home in the best light so that potential buyers can go from one room to another and instantly envision themselves living in this space. It’s obviously better to have a sparkling home for buyers to imagine themselves in (even if they themselves wouldn’t upkeep it as such) than for your home to be cluttered and messy. For potential buyers, a clean home leaves a great impression and lets their sense of living in the space run wild, whereas a messier home is distracting and harder to overcome mentally. Along the lines of what we just mentioned, today’s article is all about these few simple tricks to get your home ready and up for sale: 1. See things in the best light We cannot stress enough the importance of good lighti...

7 Tricks For Selling Your Home

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Monthly Market Update – January 2020

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Monthly Market Update – January 2020

As we go into the new decade, the real estate statistics in GTA are showing signs of an upward trend. 87,825 transactions were made in 2019, a significant 13% increase compared to the decade-low we saw back in 2018. This upward trend was the highest towards the end of the year when sales went up 17% compared to the same period last year. However, despite this increase, sales were still 4% below the decade’s average of 91,266 which comes as a result of the lower supply. In relation to this, monthly sales activities reached their 3-year high of 58%, along with the fall of months of inventory from 2.7 in 2018 to 2.1 in 2019. As a result of these numbers, prices went up in the past month to an average of $819,319, which is 4% higher when compared to last year’s average. This comes as a positive change after prices declined for the most part of 2018, but still lower than the expected 5% increase. A different trend compared to previous years was noticed in the sale of detached homes. Afte...

Home Maintenance Checklist – 12 Tasks For 12 Days

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Home Maintenance Checklist – 12 Tasks For 12 Days

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If you recently decided to sell your house there is probably a mountain of things you have to think of; from getting your furniture in place to painting the house, maybe even buying something new for it. Amidst all that, you may forget something very important – the maintenance round. It is not something people are usually happy and eager about doing, but it’s something you definitely should do. In the end, the responsibility for it falls down on your shoulders anyway, so it’s better to be safe than sorry once the potential buyers enter the property. With that in mind, here is a checklist of 12 tasks you can do in 12 days to get your home ready to show to the whole world! CURB APPEAL Having curb appeal and a nice outdoor space is always a huge plus for buyers. If you manage to wow them with your yards, they will be more willing to buy the house. There are so many things you can do to add curb appeal. You can trim the fence, bushes, and trees to make them look well-kept and...