Asking Price: Comparative Market Analysis vs Municipal Assessments

rowhomes-evaluation

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...]

Asking (Selling) Price Less Than Municipal Evaluation?

Home Evaluation

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...]

Home Buying Process: Closing Costs

Finance

To first-time buyers, closing costs are a mystery; most people have a slight idea of what they are, but don’t know what’s specifically involved or how much the cost will be. Many think closing costs refer to the notary fee, end of story. In reality, though, there’s more to it than that. In addition to a down-payment on your mortgage, you (the buyer) will need to put aside a little extra … [Read more...]

Should your house be staged before you sell?

Home staging before selling

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...]

Would you like to rent your property for more money?

master-bedroom-b

Posted by:  Sveta Melchuk. Founder of Home Staging Montreal Professional staging/decorating for rental of a condo or an apartment is becoming more and more in demand. If you are looking for executive rental income for your unit, the property has to be presented accordingly. Some of the apartments are quite new and others require some cosmetic renovations before decorating for rental. Some … [Read more...]

Review: Tools for Work – Epson WorkForce 845

An Epson rep sent me an email a few weeks back asking me if I would like to have a free printer in exchange of a review. Not a bad deal, I thought, I get to test drive (and keep) one of their latest model and write about it at the same time. Which it kinda takes care of two things at once, since: My other printer is about 3 years old. - Still good, just a little *on the slow side*, due to old … [Read more...]

Property Hunting: Diligence is The Key to Your New Home

Even when the numbers from the last couple of months show otherwise, the sales in March are increasing. I'm not saying this because I have access to the stats (yet), but because I've been extremely busy working with buyers, visiting properties and trying to make offers. Yes, trying. Let me explain: By the time the visit's over and we're deciding on the purchase price, I get a call from the … [Read more...]

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