MaxWell Real Estate Blog

 Four Signs You’ve Outgrown Your Current Home

It’s not uncommon for couples with growing families to trade in their compact cars for something roomier, like a mini-van. The same thing happens with homes. Sometimes families simply outgrow them.

How can you tell if that’s happening with your property? Here are some sure-fire signs:

1) You need more space. This is the most common reason people upgrade to a new home. They need more room. For any number of reasons, you might want an extra bedroom, a larger living room, a bigger backyard, or a more spacious kitchen. Rather than put up with feeling cramped, consider exploring the extra space a new home can provide.

 2) A renovation won’t fix it. Sometimes, when a property doesn’t fit its owners’ needs anymore, they consider a renovation. For

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The Importance of Depersonalizing your Home

When a buyer views your home for sale, they want to visualize themselves living there. They want to imagine cooking in the kitchen, relaxing in the living room, and enjoying get-togethers with family and friends.

However, when they see a baseball trophy on the mantle with your name on it, that visualization crumbles. That’s why it’s smart to depersonalize your home as much as possible when selling.

You don’t have to go too far. Simply do what you can to remove items that scream “We live here!” Consider stowing items such as:

1) Trophies, diplomas, certificates and anything else with a name prominently displayed on it.

2) Personal and family pictures.

3) Mementos, knickknacks and other items of a personal nature.

4) Notes, pictures,

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Save energy and money

If you want to reduce your home energy costs, the easiest way is to turn the thermostat up or down. In fact, you probably won’t notice a difference of 2 degrees either way — and the savings can be substantial.

However, if you want to lower your bill even further each month, here are some additional tips that are relatively easy to implement:

1) Plug or fix the drafts. Even in newer homes, air filtration can occur at windows and doors. So, check around your home for drafts. Windy or cold days are the best days to check. Then, get any drafts you find repaired or, at least, temporarily plugged.

2) Check the attic. Heat rises and can escape through the attic. So, once a year, check the attic insulation for thin or bare spots. The insulation

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How to minimize water damage

It’s amazing how much damage water can cause. Just two gallons of water from a burst pipe or overflowing toilet can wreak havoc throughout your home and necessitate thousands of dollars in repairs. Ouch!

What should you do at the first sign of water leakage?

  1. First, stop the source. Turn off the nearest water valve. If you can’t find it, turn off the main water valve to your home.
  2. Next, do everything you can to soak up as much water as possible. If necessary, lift carpeting. Pay particular attention to water settling next to walls or inside ductwork. Get these areas dry as quickly as possible.
  3. Contain the water. This is important. Do your best to prevent water from infiltrating other rooms to prevent further damage. Once the
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Imagine you’re shopping for a used iPhone 11 that’s in good condition. You visit a resale website and discover that most are selling for approximately $350. Would you be willing to pay $400? Probably not. The market value is obviously well-established. There would be no reason to pay more.

Pricing your home for sale is similar. Your home has a market value and, if you were to list it, buyers would expect to pay close to that amount. If you price it too high, many buyers won’t even bother to see it. If you price it too low, you’ll leave money on the table.

Many factors come into play when calculating that market value – neighbourhood, street characteristics, special features, upgrades, condition, etc. However, the most important factor is

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Say you’re shopping for a new home. Your goal is to find the ideal property, in a neighbourhood that is just right for you, within a price range that you can afford.

What do you need — at a minimum — to get started?

If you’re looking for ways to get your ducks in a row, here are some things to prepare:

 

  1. A property wish list. What does your ideal home look like? How many bedrooms does it need to have? Do you require a spacious recreational room? A large deck? A pool? A nice view? Get your wish list down on paper.
  2. A neighbourhood wish list. Where you live is just as important as what you live in. What qualities are you looking for in a neighbourhood? A nearby park? Walking distance to a good school? Hiking trails? A shorter drive
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It’s interesting to note how so many things have their “season.” Hockey in the winter. Vacations in the summer. Gardening in the spring. Even retirement reportedly occurs more often in the fall than any other time of year.

To some extent, even real estate seems to have a season. The spring is traditionally an active time for home sales. But, does that mean you should wait until spring to list your home?

Here’s the reality...

Properties sell all year round. There are buyers actively looking for homes at all times of the year. In fact, there are bound to be buyers that would be interested in your home if you were to list it this month. While it’s true that the market may fluctuate throughout the year, with some months featuring higher or lower

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 Seven Master Bedroom Staging Ideas

As you may know, staging involves setting up the furniture, art and accessories of each room so that, overall, your home looks as appealing as possible to buyers. It’s similar to what furniture stores do when they create displays of model bedrooms, kitchens, etc.

When you’re staging your home, the master bedroom is particularly important. Here are some simple staging tips worth trying:

1) Consider using mirrors to make the bedroom seem larger and more comfortable.

2) Put a new comforter on the bed.

3) Update the wattage or add a lamp if the lighting is dim. (Make sure lights are turned on during a viewing.)

4) Be ruthless when removing clutter from the room, particularly the closet. Don’t have anything stored under the bed.

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Places Buyers Look When Viewing your Home

You might be surprised to know which spaces in a home most buyers look at when viewing a property. If you’re preparing your home for sale, make sure to consider the following places that are likely to be checked out:

1) Inside closets. Buyers want to get a sense of the size and capacity of all your closets. Make sure they’re clean and well organized. Avoid the “overstuffed” look.

2) Basement. Do you think buyers will stick to the main room of your basement? Think again. Some interested buyers will also check out the furnace room, cold room, electrical box, and even crawl spaces.

3) Under the sinks. Buyers will definitely look under the kitchen sink. You can expect some buyers to open the doors of bathroom vanities as well. Make sure

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 Pulling Together the Records you Need when Selling

Imagine you’re viewing a home for sale. You venture to the basement, check out the furnace room, and notice the water heater. Is it owned or rented? As a potential buyer, you’d want to know.

Now imagine a property you’re viewing has a brand-new gas fireplace. Nice! Is it under warranty? Is that warranty transferrable to you if you buy the home? Again, you’d want to know.

So, when you’re selling, it’s important to pull together all the necessary records you will need in order to answer these types of buyer questions. After all, if a particular warranty transfers to the new owner, that’s a selling point.

Take the time to find receipts, warranty certificates, and other documents related to:

1) Renovations (e.g., a bathroom

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