So many homeowners have been inspired during lockdown to renovate or take on DIY projects around the home. Before spending thousands of dollars on upgrades, you'll only enjoy temporarily, consider who will be admiring the fresh kitchen backsplash. Will it be you or new owners by this time next year? We don't always have a crystal ball, but if moving has crossed your mind, here are three things to focus on. Kitchen and Bathrooms Unless this renovation is for your forever home, there is no need to get the best of the best in terms of materials. A luxury kitchen remodel has a return on investment (ROI) of less than 60 percent, while a mid-range minor kitchen redo can return...
If you plan on buying a home after June 1st, will you still be able to qualify? Homebuyers and investors have wondered what the changes to the Stress Test mean for their future real estate plans. According to CBC News, Canada's top banking regulator is considering raising the mortgage stress test. 5.25% or two percentage points above the market rate (whichever is higher). Why now, and what does that mean for you? It comes down to this; Buyers will have their finances tested to ensure they can cover their mortgage, should there be an increase in rates. It's no secret that mortgage rates are at an all-time low. Implementing this would ensure you are not forced into selling your home...
The weather is warming up, and the days are getting longer, which can only mean one thing, summer is just around the corner! So, if you’re thinking about selling this spring/summer season or you want to make the most out of your outdoor spaces, here some essential tips and tricks you can use to get your home summer-ready!
If you don't already know, we're currently in what's called a "Seller's Market" and are set to remain in this marketing territory until the end of 2021.
Every homeowner wants to sell their property for the most money possible, but even if you’re in the middle of a seller’s market, like we are right now, you still need to update your home and prepare it for listing. In order to maximize your home’s selling potential and secure the highest possible bid, follow these steps to get your home market-ready.
