Well as you all probably know the real estate market in Canada, and in a lot of the US, has quickly changed from a crazy Seller’s Market to an amazing Buyer’s Market. Great for Buyer’s if you can afford the mortgage payments given the 8 mortgage rate increases over the last few months.
If there was ever a time for real estate buyers and sellers to consult a Realtor, before making a large financial decision, it is now. Weir here 24/7.
David Weir BA, CD
Here are some stats that will help give you an idea of what has happened in the last 12 months.
January 2022 vs January 2023*
*based on local MLS Statistics from QDAR
When you purchased your current home, chances are it was a good match for your lifestyle. It had the space you needed, the features you wanted, and a location that worked for you.
But for most people, lifestyle and needs evolve through the years. Kids get older. Jobs or careers change. People take on new hobbies and other interests. As a result, the home that was ideal a few years ago may not fit with your current lifestyle.
That doesn’t necessarily mean you need to shop for a new home! However, it may mean that it’s worth taking a look at the market and seeing what’s possible.
Think about the kind of home that would support your lifestyle today. Ask questions like:
After asking yourself some of these questions, ask other family members for their opinions too.
You may, in fact, find that the property you have now is still ideal for your lifestyle.
If, however, your home is no longer a good fit, you have options. You can stay in your current home despite it no longer being ideal; you can make some changes (a renovation, perhaps); or, you can see what’s available in the housing market.
Remember the last time you were in a furniture store or other major home retailer?
Remember the fully decorated displays of furniture, appliances and other products?
Some of those may have even been
organized as model rooms.
What did most of those displays have in common? Chances are, they were well lit.
In fact, in the retail industry, there are professionals who specialize exclusively in display lighting. It plays such an important
role in showcasing and selling home products successfully that the stores are willing to absorb the expense, The same holds
true for your home.
If you want to show your home well, and sell it quickly and for the best price, make sure every room is well lit.
There may be areas in your home where the lighting may be mediocre. Take a close look at:
If there are areas in your home that are dark or shadowy, the solution may be as simple as installing higher wattage bulbs,
provided your fixture can accommodate them. Keep in mind that brightness can vary significantly from one type of bulb to
another. Your goal is to make the room feel bright yet comfortable on the eyes.
Also, don’t forget to open drapes and blinds. Often the best and most pleasant source of light for a room is the sun shining
through a window.
Get in touch with us here at Team Weir for more tips on showing your home in its’ best light.
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