Tuesday, July 2, 2024 / by Evelyn Lopes
7 Weekend Projects to Boost Your Property Value
Whether you’re putting your home on the market in a few weeks or a few years, strategic upgrades can make all the difference. But you don't have to embark on a major remodel to make a significant improvement.
Even minor updates can have a big impact on your home’s aesthetic, and certain renovations can even boost its future sale price.
From curb appeal to interior updates, here are seven weekend projects that will enhance your home’s current charm and long-term value.
Freshen Your Front Door
Is your front door looking a little tired? A new coat of paint can make your home more inviting to today’s guests and tomorrow’s buyers.
But before you grab that paintbrush, think carefully about your choice of hue. According to a recent study, the colour of your front door can boost—or lower—your home's sale price by thousands of dollars.1
Cem; ...
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Tuesday, February 27, 2024 / by Evelyn Lopes
How to Decide on the Right Price to List Your Home: A Master Plan for Success
In the high-stakes world of real estate, setting the right price for your home is similar to a strategic game of chess where every move matters. The uncertainty of pricing can be overwhelming, but with the right strategy, you can transform guesswork into a solid game plan. Today, we're unlocking the secrets to not just listing your home but listing it smartly to ensure your sale is a resounding success.
The Importance of Pricing Right
Determining the right price for your home is not just about making a sale; it's about making a statement in a crowded market and transitioning from "just listed" to "just sold." But why is strategic pricing so crucial? The right price attracts potential buyers, sparks interest, and can even incite bidding wars, ensuring you receive fair market value for your property.
Cracking the Code: Strategies for Setting the Winning Price
Pricing your home involves balancin; ...
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Friday, September 1, 2023 / by Evelyn Lopes
Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1
Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers are much more discerning. Higher prices and mortgage rates have pushed their limits of affordability, leading them to prioritize cost, condition, and overall value.
The reality is, home inventory remains low, so most properties will still sell with some basic prep, the right price, and a good real estate agent. But owners who go the extra mile are more likely to sell faster and for a higher amount.
If you have plans to sell your home and want to net the most money possible, this list is for you. Here are our top seven strategies to attract the best offers and maximi; ...
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Tuesday, July 18, 2023 / by Evelyn Lopes- Klarine
CLICK THE IMAGE TO WATCH FULL VIDEO
Are you struggling to attract buyer attention and sell your home in the thriving Toronto GTA market? If so, it's crucial to identify and address potential obstacles that may be hampering your efforts.
In a recently published YouTube video, we discuss the five common roadblocks homeowners often encounter when trying to sell their properties. You can find this video on our You Tube Channel- The Evelyn Lopes Realty Team.
This blog post will expand on these insights to help you better navigate the home selling process.
Limited Access to Your Home
The first major pitfall we discuss in the video is the issue of limited access. A common mistake many sellers make is not providing sufficient opportunities for potential buyers to view their homes. The mantra to remember here is simple: Limited access equals limited exposure. If you restrict viewing times excessively, you significantly reduce your property's exposure to prospective buyers, which ...
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Thursday, June 1, 2023 / by Evelyn Lopes- Klarine
There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates.
Higher rates had the immediate impact of cooling homebuyer affordability and demand. But when the Bank of Canada announced in early March that it would put additional rate changes on hold, the country's once-frozen housing market began to thaw. Since then, Canadian home sales have bounced higher than expected.
However, many homeowners are still putting off listing. After successfully riding out the past year's turbulence, some homeowners are waiting for prices to more fully recover. Others are holding back because they are unable to port their mortgages and feel beholden to their existing, lower rates. As a result, real estate activity isn't nearly as robust this year as it might have been had more sellers listed their homes.
As eco ...
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