Category Archives: Newsletter

Summer News 2018

Beat the heat and your energy bill

During the hot days of summer, Canadians can dread opening their energy bill. Running air conditioning for extended periods comes at a heavy price. Here are a few tips to help you beat the heat and save on energy costs:

  • Reduce direct sunlight by adding shutters or blinds.
  • Consider an exterior awning to create shade.
  • Ensure your attic is well insulated. This can save both cooling and heating costs.
  • Consider replacing poorly insulated windows, a major culprit in energy loss.
  • Invest in a programmable thermostat

Little things can add up to big savings over time. Wondering what energy-saving home improvements have a big impact on your home’s resale value? Contact your local Coldwell Banker real estate professional, Gary & Debbie.

Updated market forecast for 2019

The Canadian real estate market is looking to be active in 2019, with both national sales and prices on the rebound, according to the latest industry forecasts.

The Canadian Real Estate Association (CREA) updated its 2019 national MLS® sales forecast on June 15th. The latest CREA forecast predicts that national MLS® sales activity will rebound next year to 474,800 units, although expected to remain below the record levels seen in 2014 – 2017.

The national average price is also forecast to rebound, increasing by 3.8% in 2019 to $518,300, exceeding the previously forecast price, says CREA.

Of course, this is just ‘the big picture’ on the national front. Home prices can vary dramatically between regions, within neighbourhoods, and even on the same street. For a more detailed look at home sale activity and resale prices in your area, contact your local Coldwell Banker real estate professional, Gary & Debbie.

What’s worth improving?

One of the questions most asked by homeowners when renovating is “What’s worth doing?” The answer depends on what you want to get out of it. Is your main goal to improve your property value, or increase your enjoyment of your home? How long you plan to stay in the home should also be considered.

If you’re thinking about your home’s resale value, be aware that the cost of professional improvements don’t necessarily translate into adding that same figure onto your resale price. A home’s list price is essentially a reflection of the demand from buyers for a home’s features and location.

Kitchens and bathrooms are frequently the deciding factors in buying a home, so they can be good areas to focus on. Even if you’re not planning on selling just yet, we would be happy to talk to you to discuss what features are in demand by buyers in your area, and to advise you on where to get a good return.

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Home News – Spring 2018

Colour says curb appeal this spring

Whether you’re preparing to put your home on the market or just want to give your property a fresh new look, nothing says spring like a burst of colour. Planting flowers is always a good way to start. Annuals deliver bright colours for a season, but they can be labour intensive since you have to plant new ones every year. Annuals can also be less drought tolerant than perennial flowers. A great solution is to use annuals in easy to reach urns, window boxes and planters.

But why stop at gardening? You can introduce a pop of colour by painting your lawn furniture, flower pots or even your front door. Just be sure your colour selection complements your house and the overall tone of the neighbourhood.

Want some helpful advice about which improvements will add to enjoyment and your home’s resale value? Contact Gary & Debbie today – your local Coldwell Banker professional.

Canadian real estate forecast for 2019

There’s an active national market on the horizon for Canadian real estate in 2019, according to the latest industry forecasts.

The Canadian Real Estate Association (CREA) has issued its national MLS® sales forecast for 2019. The CREA forecast predicts that national MLS® sales activity will rebound modestly next year to 496,500 units, over this year’s forecast of 479,400 units sold.

The national average price is also forecast to rebound to $513,300 in 2019, placing it roughly in line with the record figure reached in 2017.

Of course, this is just a glimpse of ‘the big picture’ on the national scene. Home prices can vary dramatically between communities, within neighbourhoods, and even on the same street. For a more detailed look at home sale activity and resale prices in your area, contact Gary & Debbie today – your local Coldwell Banker real estate professional.

What’s the right size home for your family?

If you’re thinking about buying a home, there’s a big question that’s likely on your mind, “What size home should I buy?” For some, the answer is simple: As big as you can afford! But that’s only one piece of the puzzle. Home size matters on many levels from personal preference to resale value, future plans, your budget, and more.

There’s a lot more to consider than just square footage. You need to choose your home size not by the numbers but by the feel. Don’t put too much stock in the listing size on paper. Find out in person if each room, bathroom, and living area is large enough for your needs and if the flow is right. Consider things like sight lines and easy access to high traffic areas. Even ceiling height can make a home with a smaller footprint feel spacious.

If you’d like some advice in finding the right home for you, contact Gary & Debbie today – your Coldwell Banker professional.