What to do before a showing

Your home is staged, listed and live! Now what? The next step is to make sure your home looks as good as it did the day the photos were done. Here are 10 great tips to keep it that way:

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  1. Wipe down cupboards and counters in kitchen and bathroom with vinegar to help deodorize, clean and disinfect.
  2. Sweep, vacuum and mop up spills and crumbs regularly.
  3. Make sure all trash bins are emptied. No one wants to smell yesterday’s dinner.
  4. Keep toilet lids closed at all times.
  5. Make sure the temperature is comfortable. Not too cold, not to hot.
  6. Turn on all the lights.
  7. Open all the blinds and curtains to allow natural light in.
  8. Put away stray toys, clothing, and shoes.
  9. Keep the front foyer clear.
  10. Clean up any pet waste in your yard.

The most important tip? Make sure you’re gone before the potential Buyers arrive!

These guidelines will help you get the most money for your home, and keep things on the up and up!

Before a showing- A quick to-do list

Good news! You’ve got a showing request (or many!) What now?  When preparing your house for a viewing, you’re going to want to make sure it’s clean and tidy. After all, you want to make the best impression possible on potential buyers. But in the minutes before the buyers are due to arrive, there are a few final touches you need to do in your house to ensure it looks its best:

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  • Put away coats, hats and shoes. Focus around the foyer. You want a sharp first impression.
  • Round up any clutter like slippers, errant toys or books and put them in a basket and away in a closet.
  • Wipe off counter tops and get mirrors sparkling
  • Turn on all lights and lamps. Don’t forget darker areas like nooks and corners. A house that is bright looks more roomy and highlights architectural features
  • Make sure the toilet lids are down. Even when a washroom is sparkling clean, a raised toilet seat gives the impression – however incorrectly – that things are less than hygienic.
  • Open all curtains and blinds. This makes rooms look bigger and brighter, even at night.

It only takes a few minutes to do these few final touches, and your home will show better as a result!

 

2016: Unprecedented year for home sales in Waterloo Region

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December 2016 topped off an unprecedented year in real estate in Waterloo Region as prices for homes along with numbers of homes sold reached new heights.

According to market statistics, “dollar volume of all residential real estate sold last year increased 30.9 percent to $2,578,176,468 compared with 2015”, and “a thousand more units than sold in 2015, amounting to an increase of 18.1 percent and setting a new record for total annual sales”.

November set another all-time high in market sales, with one month still to go in 2016. “Year-to-Date Sales to the end of November have now exceeded any previous end-of-year totals on record,” says James Craig, president of the KWAR.  But greater sales numbers were not due to greater inventory. With a substantial shortage of homes, many properties are selling above list price, as more buyers compete for fewer homes. According to the report:

Craig says that he expects demand for home purchasing in 2017 will continue to be strong. “There is no smoking gun to explain the current market. Mortgage rates remain low, inducing more consumers to get into the market. We have an extremely attractive community, with a growing population and diverse economy bringing in new residents to the region. Home prices remain affordable when compared to the average GTA prices.”

“The challenge is inventory levels remain low, as homeowners are staying in their homes longer and some who might have otherwise moved up are choosing to avoid the hot market. What I hope to see is more balance returning to the market, because I sure don’t see the appetite for home ownership in Waterloo region letting up anytime soon.”

For more details on December 2016’s K-W Market Update that includes statistics from Wellesley, Wilmot and Woolwich Townships, click here.

 

Another record-breaking month in November

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November set another all-time high in market sales, with one month still to go in 2016. “Year-to-Date Sales to the end of November have now exceeded any previous end-of-year totals on record,” says James Craig, president of the KWAR.  But greater sales numbers were not due to greater inventory. With a substantial shortage of homes, many properties are selling above list price, as more buyers compete for fewer homes. According to the report:

As of the end of November, the KWAR’ MLS® System only had 565 active residential listings on the market, down 23.1 percent compared to the previous month, and 60.8 percent below the same period last year.
The average price of all residential properties sold in November was $411,602 a 15.5 percent increase over 2015. Detached homes sold for an average price of $473,104, an increase of 13.9 percent compared to November 2015. During this same period, the average sale price for an apartment style condominium was $209,360, a decrease of 8 percent. Townhomes and semis sold for an average of $310,151 (up 14.8 percent) and $330,534 (up 27.7 percent) respectively.
“With a notable shortage of inventory, many properties are selling above list price,” said Craig. “This is because you have many buyers competing for fewer properties, and this is pushing up the average price.”

For more details on November’s K-W Market Update that includes statistics from Wellesley, Wilmot and Woolwich Townships, click here.