Archives for Sellers

Primary Residence Tax Exemption

June 9, 2017 | Comments Off

The federal government has recently made some changes to the Canadian tax system regarding the capital gains from selling residences. Some people are quite worried about what these changes, which you can find directly from the CRA, may come to mean when they sell their homes, but you shouldn’t panic. These changes will not greatly affect most homeowners, who only own a single home they live in. What will stay the same: The capital gains tax exemption from selling a principal residence will not change. This means that any profit you make on selling your home, as long as it is
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Why Listing Price is So Important

May 25, 2017 | Comments Off

Why Listing Price is So Important What is your home worth? This is a tricky question and there are many factors to consider including condition, upgrades, market trends and comparable properties in your neighbourhood. The listing price of a home can make or break a sale so it is always advisable to work with a real estate professional who will do the research and advise you on the best listing price for your home. This will ensure not only that it sells quickly but also for the best possible price in the shortest time. Why is the original listing price
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Bang For Your Buck: Renos That Will Increase Your Home's Value

May 3, 2017 | Comments Off

If you are a homeowner, you’ve probably spent money on your property over and above the regular carrying costs. Investing in your property has the obvious benefits of making your home nicer to live in, but smart renovations can also have the side benefit of increasing a home’s value when it comes time to sell. Below is a list of some of the home renovations that have been shown to add the most to a home’s value, as well as some renovations to avoid. Flooring Flooring can be a costly renovation, but can also add to a home’s value if
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Bang For Your Buck: Renos That Will Increase Your Home’s Value

May 3, 2017 | Comments Off

Choosing a Brokerage when Buying or Selling a Home

April 19, 2017 | Comments Off

When it comes time to buy or sell a home, finding the brokerage to work with is a very important step to take. You need to find a company that will work with you to make this the most positive experience possible. “At Royal LePage Team Realty we commit to delivering high quality, industry leading and innovative real estate products and services on a complete cost-effective basis. Our business relationship will be characterized by the highest degree of honesty, credibility and fair dealing. We are committed to setting the pace in service excellence. We commit to delivering a level of
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5 Reasons To Sell Your Home in the Spring

April 12, 2017 | Comments Off

With the busy spring market upon us (it actually started early this year!), let’s take a look at why this season is often seen as the best time of year to sell a home. With a large percentage of the year’s sales occurring in just a few short months, homes also tend to sell for more and spend less time on the market. And don’t worry, you’re not too late; statistics show that May is the best month of the year to list a home. Here 5 reasons spring is so popular: Homes show better in spring: Let’s face it, spring
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"Oh I Forgot to Tell You…"

March 27, 2017 | Comments Off

Picture this, you have just taken possession of your dream home. You did your due-diligence; the property passed the home inspection with flying colours and your research shows the neighbourhood is safe and has great schools. You are chatting with a new neighbour only to find out that your brand new home was once the site of a violent crime or a drug operation, or that it is thought to be haunted! Would this bother you? What can you do? Did the previous owners fail to disclose something that they were legally obligated to? When selling a home, known physical
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“Oh I Forgot to Tell You…”

March 27, 2017 | Comments Off

Getting Your Home Ready to Sell in the Spring Market

March 6, 2017 | Comments Off

Selling your Home in Spring The spring real estate market is quickly approaching and if you’re selling your home, now is the time to start getting ready! It may seem like a daunting task but there are things that you can do to make sure that your house is prepared for the droves of spring buyers this upcoming season. Remember, there will be many houses on the market at the same time as yours so you want to make sure that your property is ready and sticks out for buyers! Contact a Realtor®. Real estate agents are professionals. A great
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The Bank of Mom and Dad: Living as Millennials

February 21, 2017 | Comments Off

It’s no secret: the cost of living is expensive. Regardless of who we are and what we do, we live and breathe steep living costs day in and day out. It’s a fact of life: if we’re not saving our pennies, we’re spending them; if we’re not paying off one bill, we are another. It’s the never-ending cycle of our (financial) lives. Enter: mom and dad. For the vast majority of us, mom and dad means home; and home is where the heart is, after all. It’s become a common trend among many baby boomers to take part in
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