A fresh dose of the local market. Three times a week.
It’s true that as technology advances, there are several ways to find out the approximate value of a home almost instantly. Just recently, I tried out a new feature on a website called Zoocasa, where you can enter any home address and get an on-the-spot home evaluation. Well, that was the plan. Naturally, I wanted to test the little widget with a couple of recent sales. So I entered the … [Read more...]
Image by Corbis The asking price of a home should reflect the current market price, which is calculated quite differently from the municipal assessment. The city evaluates properties every three years (meaning they are often behind the going market values), and they base their assessments on the property itself and its neighbourhood. To determine optimal asking price, a homeowner should get … [Read more...]
Sometimes you find properties that have a municipal evaluation higher than the asking price. In most cases, it’s the other way around. So as a potential buyer, you might wonder whether or not this is an error -- how can it be that the person is selling for less than the municipal evaluation? … [Read more...]
To Stage or Not to Stage – that is the question! - by Sveta Melchuk Updated from the Home Staging archives. Originally published on Jun 18th 2007. Staging a Home for sale will cost you money. Is it worth spending time and effort on it? After all, once the decision to sell has been made, you just want to get it over with as fast as possible, right? First, did you determine the … [Read more...]
Updated from the Home Staging archive. Originally posted on May 08, 2007. Small rooms are the bane of the home decorator. How do you achieve a pleasing look that doesn't feel cramped and claustrophobic? Without to have to build an addition or knock down walls, you are limited to a few, but effective, decorating tricks that create the illusion of space. Use color to your advantage The … [Read more...]
by Sveta Melchuk Home staging is an important marketing technique for selling homes, whether they are furnished or vacant. Important points to remember about vacant properties are: People buy «Homes» and not «Houses»: it’s therefore essential to give them the feeling of a «Home» and you certainly won’t be able to achieve that with an empty space! A vast majority of … [Read more...]
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