A few weeks back we talked about the 5 renovations that pay off but these week we are discussing the opposite: which renovations don’t add value to your home? Depending on your personal taste and interests, you might be surprised to see some of the items on this list.
To be clear, if you already have a home that has one of these things, that’s not automatically a bad thing – just realize that each of the mentioned points below make it a bit harder to sell. The key theme here is trying to cater your home to the largest group of people so it has a much easier time selling.
I know what you’re thinking…who doesn’t love a deck? While it’s true that a deck usually increases desirability of a particular home, it doesn’t necessarily mean the
Even the best properties in the most booming economies can struggle to sell when something is “off” about it. Whether you are buying or selling, there are a few common real estate deal breakers that put up red flags and ruin what could otherwise be a successful sale.
Make sure you avoid making these mistakes when buying (and selling) or risk letting your dream home slip through your fingers!
1. Unrealistic price
It should come as no surprise that the most common real estate deal breaker is due to unrealistic expectations from the seller on price. In other words, it’s too expensive!
SOLUTION: Sellers need to be sensitive to what the market demands and sometimes this can be difficult depending on the price you purchased your home for and the
The latest Edmonton real estate market stats for February 2014 are in and showing quite a bit of promise. With an amazing 24% increase in home sold, buying season is getting an early (and strong) start this year.
There is no question that February was a busy month for realtors in the Edmonton area. Greg Steele, President of the REATLORS Association of Edmonton, echoed these sentiments while noting that spring is only beginning and we should look forward to higher sales this month and moving forward into 2014. This is great news if you are selling but also if you are buying as a slight increase in listings will provide some balance to the market and give buyers more options.
Check out some of the highlights from the Edmonton real estate stats for
You can tell spring is around the corner because this month is stacked with exciting Edmonton events and great concerts across the city. It’s a good time to start getting outside of the house and absorbing yourself into one (or several) activities.
Despite our cold weather, you’ll have no trouble finding something to do this month whether it’s tasting fine cuisine from an Icelandic chef, checking out some “art-in-motion” at the Expanse Festival or enjoying some rum and whiskey tastings at Wine & Beyond. Concert season also seems to be ramping up with Edmonton concert listings featuring Lady Antebellum, ZZ Top, Yes, T-Pain and even famous up and coming comedian Bill Burr.
Chris helped us buy 2 homes and sell 1. During the purchase process Chris is very professional and somehow always makes time to show properties. He often matches clients' needs very well with available properties in the market, in a very timely manner (often before the property hits the market). He is extremely patient and never transpires any pressure. Best of all, if asked he does provide his opinion on whether a property is a good or a poor investment choice. During the selling process, Chris will price your property right! Whether you like the evaluation or not, the price will be correct for the current market to absorb it, and your home will sell. In the last 6 years we purchased 2 homes and sold 1 in a mature neighborhood (Ritchie/Hazeldean). We also tried purchasing 1 more, but walked away from a bidding war. During all processes we felt very confident in the Proctor Team - Chris and Patti.