Archives for Sellers

Ottawa beefs up spending in federal budget for data collection on the housing market to provide a clearer picture on the conditions driving housing prices

The government will spend nearly $300 million over the next decade to collect data about the housing market.In particular, the Liberals have budgeted $39.9 million over the next five years so that Statistics Canada can compile information on foreign ownership of homes in Canada, as well as assembling data on the demographics of owners and how they are financing their home purchases.   Click here to read the full article
Read More

Why Listing Price is So Important

What is your home worth? This is a tricky question and there are many factors to consider including condition, upgrades, market trends, and comparable properties in your neighbourhood.  The listing price of a home can make or break a sale so it is always advisable to work with a real estate professional who will do the research and advise you on the best listing price for your home to ensure not only that it sells quickly but also for the best possible price. Why is the original listing price so important? “First impressions are everything when selling your home. Studies
Read More

And the trend continues!

As we enter Spring, it looks like this season is going to continue the trend from the new year. Low inventory and high demand means listings, on average, are more likely to see multiple offers and quicker sales! This is where having a realtor you know and trust comes into play. Take a look at the graphic and see how the market is trending in comparison to this time last year!
Read More

Bang For Your Buck: Renos That Will Increase Your Home’s Value

If you are a homeowner, you’ve probably spent money on your property over and above the regular carrying costs.  Investing in your  property has the obvious benefits of making your home nicer to live in, but smart renovations can also have the side benefit of increasing a home’s value when it comes time to sell. Below is a list of some of the home renovations that have been shown to add the most to a home’s value, as well as some renovations to avoid. Flooring Flooring can be a costly renovation, but can also add to a home’s value if
Read More

Choosing a Brokerage when Buying or Selling a Home

When it comes time to buy or sell a home, finding the brokerage to work with is a very important step to take. You need to find a company that will work with you to make this the most positive experience possible. “At Royal LePage Team Realty we commit to delivering high quality, industry leading and innovative real estate products and services on a complete cost-effective basis. Our business relationship will be characterized by the highest degree of honesty, credibility and fair dealing.  We are committed to setting the pace in service excellence. We commit to delivering a level of
Read More

5 Reasons To Sell Your Home in the Spring

With the busy spring market upon us (it actually started early this year!),  let’s take a look at why this season is often seen as the best time of year to sell a home. With a large percentage of the year’s sales occurring in just a few short months, homes also tend to sell for more and spend less time on the market. And don’t worry, you’re not too late; statistics show that May is the best month of the year to list a home. Here 5 reasons spring is so popular: Homes show better in spring: Let’s face it, spring
Read More

“Oh I Forgot to Tell You…”

Picture this, you have just taken possession of your dream home. You did your due-diligence; the property passed the home inspection with flying colours and your research shows the neighbourhood is safe and has great schools. You are chatting with a new neighbour only to find out that your brand new home was once the site of a violent crime or a drug operation, or that it is thought to be haunted! Would this bother you? What can you do? Did the previous owners fail to disclose something that they were legally obligated to? When selling a home, known physical
Read More

Getting Your Home Ready to Sell in the Spring Market

Selling your Home in Spring The spring real estate market is quickly approaching and if you’re selling your home, now is the time to start getting ready!  It may seem like a daunting task but there are things that you can do to make sure that your house is prepared for the droves of spring buyers this upcoming season. Remember, there will be many houses on the market at the same time as yours so you want to make sure that your property is ready and sticks out for buyers! Contact a Realtor®. Real estate agents are professionals.  A great
Read More

The Bank of Mom and Dad: Living as Millennials

  It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. It’s the never-ending cycle of our (financial) lives. Enter: mom and dad. For the vast majority of us, mom and dad means home; and home is where the heart is, after all. It’s become a common trend among many baby boomers to take part in
Read More