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Have you seen one of those TV shows where someone brings in an item, usually an antique, and an expert appraises its value? It’s fun to watch the reaction when the expert reveals what the item is worth.
While those shows are entertaining, they also teach us an important lesson. If you have an asset or investment, you should always know and keep track of its current market value.
Your home is an investment, maybe your most important one. So, it’s a smart idea to periodically calculate what it would likely sell for on today’s market. I recommend you determine its current market value annually.
Why keep up to date on the market value of your home?
It can help you in many ways. For example, if you consider moving at some point down the road, or need to sell quickly, knowing the market value will help you make a more informed decision.
I can help you keep up to date on what your home is worth. Contact me to learn how.
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Debbie DiMascio
Sales Representative, DiMascio Group
"Oh by the way...If you know of someone who is thinking of buying or selling a home, who would appreciate the kind of services I offer, I would love to help them. I am never too busy for your referrals!"
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Outperforming The Industry
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July has proven to be a very active month from a sales perspective. It was the best July in company history for both RE/MAX Escarpment and Niagara.
Our production per agent was at 2.3 transactions for the month of July, which is also a record for a summer month, showing the resilience of our team. Appointments are up a significant 32% over the same period last year. We had a record number of appointments for a single month at over 17,000 which averaged out to an incredible 550 appointments per day on average. |
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#3308 -20 SHORE BREEZE DR Toronto, ON
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Million Dollar View, New 1 BED + DEN At Eau Du Soleil "Water Tower" Nile Model-Spectacular Water Facing Unit, Enjoy Unobstructed Views of Lake Ontario from the Over-sized Terrace.
Approx. $50K in Quality Upgrades, Extended Upper Kitchen Cabinets, Breakfast Bar, Quartz Counter Tops. Hardwood Floor Throughout & 9Ft Smooth Ceilings.
This Property Will Uphold Your Lifestyle After You Learn That This Unit Has a Wine Storage Unit, a Cigar Storage Unit & Access To The Private Lounge. You Will Recognize That This Is A Very Special Condo That Was Created With No Expense Spared.
Resort Style Amenities Include Outdoor Lounge & Bbq Area With Cabanas. Games Room, Saltwater Pool, Lounge, Gym, Yoga & Pilates Studio, Dining Room, Party Room, Rooftop Patio Overlooking The City And Lake. 1 Parking Spot & 2 Lockers
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What's Happening In The Appointment Centre?
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The appointment centre saw 11.5% fewer appointments last week leading up to the Civic Holiday weekend.
Overall, however, July truly hit it out of the park with 32.4% more appointments than were recorded in 2019, making it the HIGHEST NUMBER OF APPOINTMENTS EVER RECORDED in a single month!
Our Sold/Appointment Index remains steady at 11.6 appointments per property sold - we continue to need an influx of new listings into the market to satisfy Buyer demand.
In our Top 5 Price Range review, Hamilton and Niagara remained in line with the past few weeks, while Burlington has also held steady with the high and mid-ranges being the most in demand.
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Residential Market Activity - Burlington
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The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,613 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in July 2020.
Sales are up 23.7 per cent over last month and up 27.8 per cent over July of last year. New listings are up 15.5 per cent over June 2020 and up 8.8 per cent over last July.
The average price for residential properties was $692,999, which is up 2.6 per cent from last month and up 16.3 per cent from July 2019. The number of active listings for the month was down 21.4 per cent over last year.
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Staging a Kitchen that Wows Buyers
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If you haven’t heard of “staging”, it’s a fairly straightforward concept. It simply involves cleaning, organizing and preparing your home in such a way as to make it look its best to potential buyers.
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One of the most difficult rooms to stage is the kitchen, because it’s one of the most used. You can’t just set it up to look nice for a viewing and then never go back in! Yet, an effectively staged kitchen can help sell your home, because it’s the room that buyers often scrutinize and remember the most.
Here are some basic kitchen staging tips:
- Be relentless when decluttering your kitchen. Stow or get rid of any unnecessary items.
- Clear the countertops. Leave no more than two appliances in view. This will give the impression that there’s a lot of counter space available.
- Make sure the sink shines. If regular cleaners don’t work, there are a number of specialty products available for cleaning sinks of all kinds, including stainless steel.
- Consider making upgrades. You could do something as simple as replacing cabinetry hardware, or go as far as installing a new countertop.
- Paint or stain cabinetry. One of the most affordable and impactful improvements you can make to the kitchen is painting. A new coat of paint or other finish can make older, worn cabinets look like new.
- Add some fresh flowers in a vase. Flowers brighten up any room, especially the kitchen.
Need more tips on making your home show well, so it sells faster and for the price you want? Call today.
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Cheap Ways to Improve Curb Appeal
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Let’s face it. If you’re selling your home, you probably don’t want to spend the time or money on a complete landscaping project. Luckily, you probably don’t need to. There are a number of affordable ways to improve curb appeal and impress buyers who drive up to your home.
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You can make a big impact by creating a more welcoming entrance. For example, paint the front door and frame, and place potted plants on either side.
You can also significantly improve your curb appeal by not only mowing the lawn, but also pruning trees and shrubs.
Use a power washer to clean the walkways and driveway. A good cleaning can make them look almost new.
And, don’t forget the front windows. Make sure window coverings look just as good from the outside as they do inside.
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Give Outdoor Furniture a Facelift
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As the summer stretches on, and your patio furnishings start to show the signs of use, you may want to try these simple ways of restoring them to their original lustre.
Before trying any of these techniques, always test in an inconspicuous area first.
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For vinyl cushions and fabrics without specific instructions for upkeep, try a mixture of water and mild detergent with an “oxicleansing” additive for stains. Avoid chlorine bleach that can corrode stitching and cause discolouration. Rinse thoroughly and dry without direct sunlight.
Furniture frames require specific care, depending on the material. Wicker should be vacuumed and/or brushed before a gentle washing and rinsing with a garden hose (not a power washer). Aluminum frames will keep their appearance longer if you apply and buff a coating of car wax after wiping clean and drying. Natural woods fare well when scrubbed with commercial oil soap (not detergent), and can retain their integrity longer with a weather-resistant stain or urethane treatment. To help your outdoor furniture last from season to season, invest in weather-resistant slip covers.
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