Real Estate Blog

Greetings from the safety of our self isolation to yours. As we continue to practice social distancing and follow the latest health recommendations, we wanted to ensure you that we’re here to answer any questions you may have as a buyer or seller during these uncertain times.

We are still able to show properties if necessary, and are now offering virtual showings to service our clients from the comfort of their home. Although it's not ideal, we are adjusting to the new normal and will do everything in our control to ensure your peace of mind when entering the market. 

While we cannot predict exactly how the market will respond to the new rules and regulations, we can still offer some insight into what we can expect in the short- and long-term of

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Keeping a home in good shape can pay off significantly when you’re ready to sell. At the same time, you don't want to over spend on updates that add very little value to the property. The key is to focus on the most important repairs to ensure every dollar you spend supports a higher asking price.

Here are the top 3 repairs to make before listing your home:

 

Paint

Paint is one of the most effective ways to update the look of your home without breaking the bank. You don't even need to hire a professional painting company. By watching a few online videos, you’ll be well equipped to tackle the task on your own.

Neutral paint colours make your home seem larger, cleaner, and far more appealing. Potential buyer’s also find it easier to

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Working from home has become extremely common as businesses in Canada adjust to new social distancing measures. Creating a work space that fosters good work habits is an important part of your home office design.

Here are the top 3 tips to help achieve maximum comfort, productivity and efficiency when working from home:

 

Upgrade Your Office Chair

In your home office, comfort is key. Finding the right chair is an investment in your health and well-being that will keep you at your most productive self.

When selecting a chair, choose one that has been designed to maximize good posture. Chairs with multiple settings will allow you to adjust the position to your body type. Since you will be sitting for long periods of time, it is crucial to

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In response to COVID-19, the Government of Canada has created a number of support options to help Canadians get through these uncertain times. Here are some of the resources available to assist individuals and families deal with the impact of the health crisis.

Mortgage Support

Canadian banks have committed to work with their customers on a case-by-case basis to find solutions to help them manage hardships caused by COVID-19. This includes permitting lenders to defer up to six monthly mortgage payments (interest and principal) for impacted borrowers.

If you are experiencing financial hardships, contact your financial institution for information regarding flexibility for a mortgage deferral. You are encouraged to visit your bank’s website for

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During these times of social distancing and self isolation due to the coronavirus (COVID-19) health crisis, why not take the opportunity to tackle some much needed spring cleaning around the house?

Here are our top 5 tips for a successful spring clean:

 

Clear the clutter

Spring is a great time to organize your home and get rid of clutter that you don't need. Start by organizing your belongings into three categories: keep, give away, and throw out. If you don't love it, get rid of it! There's no point in hanging onto something that doesn’t bring meaning to your life.

 

Clean one room at a time

You won't make much progress jumping from room to room. Make a checklist for each room to ensure it receives the attention it deserves.

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buy vs sell home

Whether you are upsizing, downsizing or just looking for a change, the question of 'should you buy first or sell first?' is a common dilemma home owner’s face. The truth is, it all depends. Each situation is unique, and there isn't a one-size-fits-all answer.

Here is a look at the pros and cons of each strategy:

Buying A Home First

Purchasing a home is often one of the biggest decisions of your life both financially and emotionally, especially if you are planning to stay in the home long term. Choosing to buy first allows you to take your time and shop around stress-free.

With fewer constraints, you can be pickier about the home you choose to purchase. If your dream home doesn't appear immediately, that's okay! You aren't committed to making a

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Coronavirus And Its Impact On Canadian Real Estate

The continued spread of coronavirus has understandably raised concerns around Canada and the world. The well-being of our clients and their families is of deepest concern to us, and your safety will remain our top priority as this situation continues to evolve.

As we move forward, we are taking active measures to monitor the situation closely and follow the latest guidance from our local, provincial and federal authorities to ensure that our practices are aligned with the latest recommendations.

In the midst of this pandemic, our CEO Phil Soper has reached out with these encouraging words regarding the coronavirus and its impact on Royal LePage and Canadian real estate:

“I write to assure you that Royal LePage has detailed business continuity and

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Luxury Home Prices on the Rise in Toronto

The increase in Toronto home prices is not just fixed to the residential market. According to the latest report from Royal LePage, luxury home prices are on the rise as well.

A significant factor for the increase in luxury home prices, which Royal LePage defines as those that sell for at least $1.32M, was limited inventory. Another key contributor is a lack of confidence among potential move-up buyers that they will find a suitable listing if they sell their current homes.

“Luxury buyers face the same low inventory scenario that challenges the overall residential market,” said Steven Green, sales representative, Royal LePage Partners Realty. “Some of the city’s most desirable pockets have a very low inventory of listings, which is unfortunate

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Benefits of Selling Your Home In The Spring img

Spring is often considered the best time to sell a home. The statistics back this up, with a large percentage of home sales occurring in just a few short months. So what makes this season so popular for selling? In preparation for the spring market, here are the top 3 reasons to list your home during the spring season! 

Schools out for summer

For families with children, one of the biggest factors that draw them to the spring market is the end of the school year. Many families prefer not to pull their kids out of school half way through the year, so finding a home in spring means they can move during summer break.

Even those without kids find this time of the year better for making a move. It’s often easier to get time off work in the spring and

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It's easy to get caught up in the moment when buying a new home. While it may feel like love at first sight, you'll want to make sure everything in the house is functioning properly before making a purchase. This is where a professional home inspector comes in handy.

Without a home inspection, you are relying on the seller to disclose everything that's wrong with the property. This is risky because it is in the homeowner’s best interest to sell you on well maintained home. Often times the homeowner will underplay repairs, or simply be unaware of potential problems.

Having an impartial expert evaluate the house is the best way to get an informed and unbiased assessment of the property. They will look for clues that may cause bigger problems down

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