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Should You Consider a Home Listed Above its Market Value?

Imagine you see a home advertised for sale in a desirable neighbourhood. However, you find out the property is listed well above comparable sales in the area. In other words, above its market value.

Is that listing still worth seeing?

There are many reasons why sellers might list their property for a price that seems way above the market. The home might have highly desirable features that make it worth a premium, such as a spacious backyard or a finished basement. Or, the seller might assume (often mistakenly) that listing high will result in higher-priced offers.

In either case, the home...

5 Things that Lower your Home’s Perceived Value

Many seemingly small things can be a big turn-off to prospective buyers. So, it’s wise to identify and fix these issues when you list. Here are a few examples.

1.     Outdated or Neglected Exterior: Chipping paint, a tired-looking façade, or uninspired landscaping will impact a buyer's all-important first impression. The solution? Fresh paint, power washing, landscape trimming, or even adding new plants. 

2.     Old or Damaged Appliances: Outdated or broken appliances will get noticed by prospective buyers. The solution? Repair and thoroughly clean them. It might also make sense to invest...

Pros and Cons of Accepting a Conditional Offer

Imagine you’ve listed your home and get a fantastic offer. The price is VERY good and the buyers have attached a hefty deposit. The only drawback? There is a condition. The buyers want to sell their home before the offer to buy yours becomes firm.

Hmm. Should you accept that offer? Let’s take a look at the pros and cons.

PROS

  • A Bird in the Hand. While a conditional offer comes with a string attached, it still means a buyer is keenly interested in your property.
  • Room for Negotiation. You might be able to negotiate a compromise. For example, accept the condition but with a more favourable...

Selling Your Home: Choosing Between FSBO and Hiring a REALTOR®️

Deciding how to sell your home is a significant decision that requires careful consideration of the available options. While selling your home without a real estate agent (FSBO) offers certain advantages, there are also compelling reasons to enlist the expertise of a professional. Let's explore both approaches to help you make an informed choice:

Selling Your Home Without a REALTOR® (FSBO):

Benefits:

  1. Save on Commission Fees: One of the primary motivations for selling FSBO is the opportunity to avoid paying commission fees associated with hiring a real estate agent. By handling the sale...

Should You Buy a Property that May Need Expensive Repairs or Upgrades?

Imagine you’re shopping for a new home and come across a listing that seems ideal. It’s in a great neighbourhood. It has all the characteristics on your “must-have” list. You can see yourself living there.

However, there are a couple of serious maintenance issues that are likely to need attention within the next year or two. For example, the roof shingles need replacing or the wiring needs to be updated.

Those fixes are going to be expensive. Does that mean you should take a pass on making an offer?

Not necessarily. While it’s nice to buy a home that is move-in ready (or close to it), it...

How to Select the Right Mover

You don’t want to have issues with the moving company you’ve chosen — especially when relocating to a distant area. That’s why taking the steps necessary to ensure you’re making the best decision is crucial.

Here’s just a sampling of what to look for:

Recommendations

Ask for recommendations from trusted friends, family, or real estate professionals. Once you've compiled a shortlist, delve into online reviews to get a broader sense of customer satisfaction.

Credentials

For moves in the U.S., interstate movers must possess a valid U.S. DOT (Department of Transportation) number. If you’re...

Spruce Up the Bathrooms Before You Sell: Affordable DIY Tips

When potential buyers tour a home, bathrooms can have a big impact on them. An outdated or neglected bathroom can quickly sour their impression of your property overall. The good news is, you can spruce it up without breaking the bank. Here's how:

  • Modern Hardware: Switching out old cabinet knobs, drawer pulls, or faucets can instantly modernize the room. Sleek metallic finishes such as brushed nickel or matte black are current favourites and easy to install.
  • Grout and Caulking Touch-ups: Over time, grout can discolour and caulking can peel. Cleaning the grout and re-caulking areas...

Exploring the Flourishing Real Estate Market in Bracebridge

Nestled amidst the picturesque landscapes of Ontario, Bracebridge has emerged as a thriving real estate market that attracts both locals and newcomers alike. With its scenic beauty, recreational opportunities, and a strong sense of community, Bracebridge has become a sought-after destination for individuals seeking an ideal blend of natural splendor and urban conveniences. In this blog post, we will delve into the fascinating real estate market of Bracebridge, exploring its key features, current trends, and reasons why investing in this charming town may be a wise decision.

Enchanting...

Unveiling the Thriving Real Estate Market in Durham Region

Nestled in the heart of Ontario, Canada, Durham Region is emerging as a vibrant and sought-after destination for real estate enthusiasts. Located just east of the Greater Toronto Area (GTA), this region offers a blend of urban conveniences, picturesque landscapes, and a strong sense of community. In this blog, we will delve into the thriving real estate market in Durham Region, exploring its key factors, market trends, and why it's an attractive investment opportunity for both homeowners and investors alike.

Growing Demand and Affordability:
One of the primary reasons for the surging...

Rediscovering Nostalgia: Muskoka Drive-In Cinema (Hopefully Opening This Month)

In today's fast-paced digital world, where streaming services dominate our entertainment choices, there is something undeniably magical about the timeless charm of a drive-in cinema. Nestled amidst the serene beauty of the Muskoka region in Ontario, Canada, the Muskoka Drive-In is a hidden gem that invites visitors to step back in time and experience the joy of outdoor movie-watching. In this blog, we will take you on a delightful journey exploring the unique qualities that make the Muskoka Drive-In a cherished destination for cinephiles and families alike.

A Rich History: The Muskoka...

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