When Is The Best Time Sell A House In Toronto?

When Is The Best Time Sell A House In Toronto?

Selling

When Is The Best Time Sell A House In Toronto?

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    When Is The Best Time Sell A House In Toronto?

    The best time to sell is when it suits your situation. If you bought it the right way, then anytime should be the right time. However, there are times that are more advantageous than others.

    Let’s look at some scenarios:

    The majority of sellers will prepare their homes for the Spring Market because there will be more would-be buyers that will be out there looking. The thing is, everybody thinks like that, so in reality, there will be more homes in competition with your home as well so you need to put in more effort in preparing your home. Statistics show that 40-60% of these buyers are just looking to test the waters, some will be looky-lous or would-be sellers checking out the competition.

    During the winter months, there are fewer competitions in the market and more serious buyers because come to think of it — it is cold! You might have fewer visitors but these will be the more serious ones because, in reality, who wants to go out there and dress up for the weather, drive in these treacherous road and risk the chance of a slip and fall? You got the picture! Only the brave and more serious ones!

    As for the best time to sell for higher sales price? February to March are the best times to put a house in the market, just right before the spring season starts, especially if you’re also in scout to buy a home to replace this one. This way, you get the best of both worlds!

    How about you? What time of the year did you find it best to sell from experience?

    7 Items To Leave Behind On Moving Day

    7 Items To Leave Behind On Moving Day

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    It’s moving day! All the things have been packed and the moving truck is ready to go. Did you pack everything from the house? I hope not as there are items that you can and can’t take with you on your move.

    5 Ways To Decorate with Colour On A Budget

    5 Ways To Decorate with Colour On A Budget

    First Time Home Buying, Listing, Selling

    5 Ways To Decorate with Colour On A Budget

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      5 Ways To Decorate with Colour On A Budget

      Sometimes, selling a home is inevitable and most of the times this happens when the money is tight. Here’s 5 tips to decorate your home to sell when you’re on a tight budget.

      1. Paint. Buy a contractor’s paint (yes, the big bucket from the home improvement store) and don’t skip on the primer especially when you are painting over a dark colour (red, black, green, navy blue… well, you get the picture). Although nowadays, you can buy a primer and paint combo, I still personally use a separate stain-blocking primer (my favourite is KILZ) if painting over a dark surface. If you’re painting over a neutral colour then a primer-paint combo will do. This will cut your painting time in half although you will pay a little extra for this specialty paint. The key to painting like a pro is in the preparation of the walls. Paint will only help increase the value of your home if it’s done properly. A sloppy painting is worse than leaving it as-is. Try to use a neutral colour, not necessarily white or beige, although those work nicely too. There’s a lot of sample swatch of paints you can get for free at your paint store. If you’re going for a warm tone BEHR’s Navajo white is a favourite. If you’re going for a cool tone, try a grey or greige shade like the BEHR’s Wheat Bread or Benjamin Moore’s Revere Pewter. Use an eggshell or satin sheen for living or dining room. There’s a paint to use specifically for kitchen or bathroom. Painting your home in one colour makes it bigger, cleaner and more harmonious to look at.

       

      7 Items To Leave Behind On Moving Day

      7 Items To Leave Behind On Moving Day

      ,

      It’s moving day! All the things have been packed and the moving truck is ready to go. Did you pack everything from the house? I hope not as there are items that you can and can’t take with you on your move.

      7 Items To Leave Behind On Moving Day

      7 Items To Leave Behind On Moving Day

      Listing, Selling

      7 Items To Leave Behind On Moving Day

      It’s moving day! All the things have been packed and the moving truck is ready to go. Did you pack everything from the house? I hope not as there are items that you can and can’t take with you on your move.

      While furniture and other personal items are sure to go with you, there are things that are part of the sale, unless they were excluded and agreed upon by both parties when the contract has been signed and accepted.

      Appliances

       

      You just recently bought top-of-the-line appliances a few weeks ago in anticipation on bringing them to the new home that you will buy after the sale of your home. Should you take them? Definitely NOT. This is part of the sale unless it was excluded at the time of listing. If you really like your appliances, remove and replace them PRIOR to putting them on MLS and before the pictures are taken for the brochures. Thinking of excluding them? Think again — homes without appliances tend to not go well with buyers as this is another major expense they have to think of that they might not have budgeted for.

      Window Treatments

      Contemplating on taking the custom window treatment that you just spent a fortune on? Good for you – it helped sell your home and has to be left to the new homeowners to enjoy. Items that needs tools to detach from the house are called fixtures and has to stay, such as blinds, shutters, curtain rods, etc. If you decide to exclude them on the sale, you have to ensure that the damage to the wall has been repaired, patched and painted to match the current décor and it is stated in the contract.

      Landscaping

      Flowers, shrubs, trees and plants that are on your plant beds stay with the house including that beautiful water fountain that you cherished through the years. Potted plants can be taken with you. Rule of thumb is that if you have to dig it to take it, it is staying, unless it was previously agreed on to be removed. And yes, it happened!

      Light Fixtures.

      As the name suggests, it is a fixture and MUST stay in the house. This goes with the light bulbs, although it can be easily removed.

      Attached Furniture and Mirrors

      This refers to the mirrors, vanity cabinets and over-the-toilet furniture if it is affixed to the wall by nails or screws. Yes, attached walk-in closet wardrobe furniture has to stay as well.

      Wall-mounted Bracket for TV

      While this can be negotiated to be excluded from the sale, if you decided to remove it, it is your responsibility to repair the damage to the wall.

      Outdoor Fixtures Attached to the Yard

      This refers to the tool shed, greenhouse, clubhouse, gazebo, light pole, bird house, basketball hoops, above-ground pool and accessories if it is attached by screws, nails or cemented to the ground.

      Rule of thumb is that if you need tools to remove it, it is most likely a fixture and should stay in the house. If it is something precious, remove it PRIOR to listing as sometimes, the smallest detail is what makes or breaks the sale of the house. especially if the buyer has fallen in love with it too.
      Be clear about the things you will keep and exclude, in other words, put it in writing. The safest thing to do is NEVER put it out in the open in the first place.

      Some items like extra freezer, BBQ, electric fireplace, etc, although removable should be explicitly excluded for the same reason as above, unless you want to leave it for the new homeowner to enjoy. If you decided to leave it, ensure that the buyer knows in case the buyer has other plans already.

      Do you have other questions that were not answered by this post? Please comment it below. If you have moving experience that you want to share, please write it here and I will be glad to share it on another post.