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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