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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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Top Home Renovations Graphic

Home renovations are a great way to add value to your home. But not all renovations are made equal. In fact, some may even detract from the asking price when you decide to sell. So which home improvement projects should you invest in to ensure the best return on investment?

Here are 3 home renovations that you should consider for 2020:

Energy Efficient Upgrades

The reality is that in 2020, energy efficient homes are a top priority of many homebuyers. Whenever you get a chance to renovate or remodel your home so that it's more energy efficient, you should do it.

Window replacements are a great place to start. New windows not only add to the resale value of your home, but also help decrease your current home energy bill. Another basic yet…

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Buying or selling a home is one of the biggest decisions of your life. Which is why finding a real estate agent with the knowledge and experience to guide you through the process is key.

Here are the top 4 tips for finding an agent that is perfect for you:

Get referrals from your network

With so many real estate agents vying for your attention, it can be hard to narrow it down. A great place to start is by asking family and friends who have bought or sold property recently. They can help refer you to an agent with whom they’ve had a good experience with.

Ideally, you’ll want someone with experience working with clients who are similar to you. For instance, the needs of a first time home buyer are different than someone looking to downsize. It…

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Cozy Home Decor Tips For Winter

In order to get through the cold Canadian winter, you'll likely be spending more time at home than usual. But that doesn't mean you need to sit in boredom, waiting for the warmer months to melt away your misery.

Here are 3 cozy decor tips that will make you happy to stay home in the winter.

Add Earthy Elements

In contrast to the blooming flowers and bright florals of summer, winter allows you to embrace natural materials and rustic elements in your home. Bring the outdoors in with cedar boughs, pine cones, and birch candles to add a homey and warm feel to your space.

Leaving a stack of wood beside the fireplace gives you easy access on chilly nights, while also providing a chic display. If you have a non-functional fireplace, you can still make…

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As house prices continue to skyrocket across Ontario, buyers and renters need to find new and innovative ways to enter the housing market. One such way recently suggested by the Ontario government in their Ontario's Housing Supply Action Plan is through co-ownership. 

Co-ownership housing is a shared living arrangement where two or more people own and live in a home together. Co-owners may share living spaces like kitchens and living rooms, or the home may be divided into separate units.

Living with multiple people has a range of benefits including the option to live in neighbourhoods you couldn't afford on your own, fostering a sense of community with your housemates, and lowering your cost of living.

Buying a home with other people is a big…

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Top 3 Tips For Selling A Home In The Winter

When it comes to selling your home, winter may be the last season you’d consider listing. However, there are many benefits to listing your home during the colder months that you may not have considered. Home buying happens all year round, and there are still plenty of buyers out there.

Here are the top 3 reasons to list your home in the winter:

Show Off Winter Features

Selling in the winter provides you the perfect opportunity to highlight features and upgrades that show your home is winter-ready. Potential buyers can see and feel the advantages of an energy efficient home, which you can easily highlight in the winter months. They also tend to sell for higher prices than homes without.

Make sure your driveway and walkways are salted and clear of…

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