Courtesy: National Association of REALTORS® Remodeled kitchens help sell houses faster and for higher prices, but what can be done when the kitchen, the heart of the house, shows its age? Key Takeaways: To compensate for a dated kitchen, there are different strategies you can take: Adjust the price downward to reflect work that needs to be undertaken Have sellers make cosmetic changes to help it look fresher Compete with up-to-date kitchens by helping buyers envision a major overhaul Updated, functional kitchens that mirror the best on reality TV shows and hip Instagram posts help listings sell. They’re also among the top interior projects to recover cost at resale, according to the 2022 Remodeling Impact Report by the National Association of REALTORS®. (Download the full report pdf; a new version is expected next year.) With competition for listings coming from new construction in many areas, sellers who don’t heed this lesson run the risk of seeing their listing sidelined, says…
The Summer might be coming to a close but the Real Estate Market is still HOT! Whether you’re buying, selling or looking for advice, we’ve got the experience and knowledge to help you with all things Windsor Essex Real Estate! Keep reading below for tips, tricks and great resources! Real Estate 101 What Do Home and Tenant Insurance Cover? 5 Things to Do Before Applying for a Mortgage These are the lowest national mortgage rates in Canada right now WECAR™ Residential Housing Market Update includes comparisons on number of sales, avg. sales price & market activity Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies Some Canadians looking to break into the housing market are now able to get 30-year mortgages, a bid from the Liberal government to make owning a home feel more affordable. Experts who spoke to Global News say that while some homebuyers are likely to see their borrowing power increase because of the new regime, the overall impact on housing affordability…