Yuriy Kayda

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No matter how much you love your current property, you may be dreaming of the day you can buy up into a better home in a better neighbourhood.


Is that day today, or, is it a few years down the road?


Here’s a quick way to make that assessment.


First, make a list of all the practical reasons why it might be time to move up. Those reasons might include features such as: more bedrooms, proximity to work and school, a larger backyard with trees, nearby parks and walking paths and better access to things you enjoy like theatre.


Next, make a list of the emotional reasons for making such a move. Those reasons might include memorable get-togethers with friends on a more spacious deck, an easier and less stressful commute to work, more family time with the kids and enjoyable Saturday golf at a nearby course.


Finally, take a financial snapshot to determine if you can afford to move up. You’ll need to get a good idea of what your current property will sell for in today’s market, average price of homes in your desired neighbourhood, and how much mortgage you’ll need.


Once you have all that down on paper, you’ll have a clear picture of your readiness. If the practical and emotional reasons for buying up are compelling, and you can afford to make the move, then you have your answer.


The time is now!


By the way, if you need help in making this determination – especially figuring out what your home will likely sell for, call today.

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Your neighbourhood has a lot of features that can help sell your home faster. Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood.

 

For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate we measure the area’s “turnover rate”, and it’s handy data to have when listing your home.

 

Another bit of data that buyers can’t simply see is the local crime rate. But, most police departments keep those statistics. If your neighbourhood has a low crime rate, that’s an obvious plus to sellers.

 

Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids.

 

Even local development plans can play a role in making your home more attractive to buyers. If a new ramp to a major highway is in the works nearby, getting to work is going to be easier. That’s a big benefit to commuters.

 

Other types of data that can help sell your home include:

 

  • Planned local construction.
  • Proposals for neighbourhood improvements. (For example, a new playground.)
  • Rates at which local property values are increasing.

 

Any information that shows the advantages of living in your area is going to be useful when selling.

 

By the way, this is the kind of information I put together to provide to prospective buyers when selling your home. Contact me today.

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Imagine you were selling your car, and a prospective buyer was on the way over to see it. What would you do? You would probably make your vehicle look as clean and shiny as possible, inside and out.

 

The same holds true if you’re selling your home and there’s a potential buyer on the way. You want the buyer to be wow’d by your property. Here’s a handy checklist to follow:

 

  1. Clean every room. Make your entire house look as “guest ready” as possible.
  2. As much as is feasible given the time, reduce clutter. Consider packing some items into boxes and storing them in the basement or garage.
  3. Get pets out of the house. You can take them for a walk, have a neighbour watch them, or take them to a good kennel.
  4. Turn on the lights, even during the day. You want each room to look bright.
  5. If there are any maintenance issues, such as a dripping faucet, let your Realtor know. Often, it’s best for buyers to be told rather than discover such issues themselves.
  6. Open the curtains, except in those rooms where the sun will be uncomfortably strong during the viewing.
  7. Move your vehicles from the driveway so the buyer can park there. (That can help them imagine living there, which is what you want!)
  8. Make sure your foyer is especially clean and uncluttered. It’s the first “room” the buyer visits.
  9. Avoid cooking just before a viewing. Even if the meal is wonderful, the aroma may linger. (Some people don’t like the smell of certain dishes, such as fish.)
  10. Freshen up the outdoor space. Mow the lawn. Sweep the walkway.

 

This viewing checklist will help you prepare your home quickly, so when the buyer comes in your front door, there’s a much better chance he or she will be impressed.

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