When is it a good time to sell your property and buy another home? Whenever there’s a good reason to do so! There are many things that may motivate you to consider making a move. For example:
- Your current home no longer meets your needs.
- You may have more space than you need or you might be looking for a larger home to accommodate a growing family.
- You’re looking for features your current property can’t accommodate. For example, you might want to install a pool but don’t have the backyard space or you might want a larger living room for entertaining but don’t have room for a renovation.
- You want to live in a more desirable neighbourhood. This is one of the most common motivators since the area you live in has a huge impact on your lifestyle.
- You want to move closer to work, school, family, shopping, theatre, etc.
- You’re simply bored of your current property and are ready for a change.
Whatever your reasons, if you’re thinking of looking for a new home – even if you haven’t made a firm decision yet – we should talk. As your REALTOR®, I can help you understand all your options.
The last thing you want to experience after purchasing a home is “buyer’s regret”. That’s the sinking feeling you get when you realize, days or weeks later, that you may have made the wrong decision.
Say, for example, you bought a home based on your first impressions. When you viewed it, you thought it was just perfect. Then, a few weeks after you moved in, you discovered that the bedrooms are smaller than you had originally thought and the street is loud and busy. That wouldn’t be a very good feeling!
That’s why it’s important to become a savvy home viewer. When you visit a property for sale, you need to move past your first impressions and take a comprehensive look at the property and the neighbourhood. That way, there won’t be any unpleasant surprises later on.
Here are some tips on how to do just that:
- Take the time to carefully view each room, including closets and storage areas.
Make sure you have measurements of all the rooms.
- Imagine yourself living in the home. Where will you have dinner? How will your furniture look? What is it going to be like to travel to work and school each day? Where will your kids play?
- Get a professional home inspection. Then, make sure you read and understand the report.
- Understand and get estimates for any maintenance and repair issues, such as required bathroom upgrades or roof shingles that need replacement.
- Walk the neighbourhood and get a clear sense of what it’s going to be like to live there.
- Carefully consider any negative issues before telling yourself, “I can live with this.”
The best way to ensure you don’t get buyer’s regret is to work with a good REALTOR® like me! Call today.
There’s more information on the Internet than in the entire collection of the U.S. Library of Congress. (And that’s the largest library in the world!) So it makes sense to use the Internet as a resource when shopping for a new home.
You can search for the kind of property you’re considering, view pictures of available properties that meet your criteria, and, in some cases, even watch virtual tours of those properties.
The Internet is a useful home shopping tool. It can save you a lot of time. But it can’t replace working with a good REALTOR®, and actually going to see the various properties.
Think of it this way. Would you marry someone you met online but never got to meet in person? Of course you wouldn’t. That would be a recipe for disaster!
The same holds true when shopping for a new home.
The Internet can help you shortlist the properties you would like to see, and perhaps provide a sense of the area. But only by working with a good REALTOR® like me, can you get the real insights you need into the homes available on the market, and then determine the ones that would potentially be ideal for you.
So when shopping for a new home, don’t hesitate to ask me how best to use the Internet. I can direct you to websites and web tools that will help make the home shopping experience much more enjoyable and productive, while at the same time, provide you with the personal attention you need to ultimately purchase the home of your dreams.
Consider this scenario. Say you’re at your local supermarket and notice that apples are on sale for $3.95 each. If you’ve ever purchased apples before, you know that’s a pretty hefty price. However, you’ve heard about the “national apple market” on the news, so you’re not surprised. After all, they’ve been saying that apple prices will be higher this year.
Now, let’s say you’re driving home and decide to drop by a farmer’s market. One of the stands, run by a local family farm, is selling their apples for just $1.95 each.
Why is that?
The reason is pretty simple. The national apple market doesn’t always reflect what’s happening locally. In fact, the local market may be very different.
So, what does all this have to do with real estate?
Well, the same scenario can play out in real estate. You may hear news about the national market… about bubbles and rebounds and ups and downs. But that doesn’t necessarily mean your local market – the market right here in your neighbourhood – is the same.
So before you make a decision about whether or not to make a move, find out what the local market is doing.
If you plan on putting your home on the market, you obviously want it to look as attractive as possible to potential buyers. Improving the look of your kitchen or bathroom is a great place to start.
You don’t necessarily have to invest in a major – and potentially expensive – renovation. There are many simple, do-it-yourself ways to give your kitchen or bathroom a facelift and make it look (almost) new.
Here are some ideas to consider:
Instead of installing new cabinetry, just replace the cabinet doors and drawer fronts. Those alone will significantly improve the look of the room. In fact, even just replacing the door pulls can make a big difference.
Replacing the sink is also an easy renovation. You can purchase a sparkling new kitchen sink and faucet kit for far less than the benefit they will deliver.
Replacing the countertop in the kitchen is a more complex renovation and, in most cases, will require the help of a contractor. But, a handy person can probably tackle replacing the countertop in a bathroom without too much difficulty.
Want more ideas for making your home more saleable? Call me today.
Prudent attention to a specific neighbourhood tends to lead to the conclusion that a home will be purchased at an economical price. Did you know that a percentage of homes may be over priced due to a variety of factors, but may be identified by a professional Real Estate Agent or REALTOR®? Would you like to know more how I can help you look for a home that is at the most economical price?
Depending on your personal knowledge of building supplies or craftsmanship you may have a substantial leg up on the average person in the market. Did you know that a percentage of the homes have issues not visible to you which could result in unexpected costs and great frustration, but may be identified by a professional Real Estate Agent or REALTOR®? Would you like to know more how I can help you look for a home that is built or maintained at the best building standards?
Driving around a neighbourhood or surfing around a website is a great way to inform yourself what is available in the neighbourhood. Did you know that a percentage of the homes that are sold don’t make it on MLS and will not have a For Sale sign out front because a professional Real Estate Agent or REALTOR® may have a buyer lined up for a home before the home is publically advertised? While the market share of RE/MAX is about 43% in Edmonton, roughly 1 in 10 of all transactions go through the brokerage that I am acting on behalf of. Would you like to know more how I can help you look in your desired neighbourhood?