Archives for Homeowner tips

Property Ownership 101: Investment Property Ownership

While investing in real estate is very lucrative, any novice investor is destined to face some pitfalls along the way. Rental properties can provide investors with the constant cash flow that they need to succeed as a distinguished investor. However, without the proper guidance and know-how, aspiring investors can make several mistakes that may cause some serious headaches. You might be experienced in purchasing homes but becoming an investor in rental property involves different nuances compared to becoming an experienced home buyer. When starting out as a novice property investor, any advice can help you make a well-informed decision for
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Fix It or Not? What to Ask When Prepping Your Home for Sale

When you make the decision to sell your home, it can be tricky to know which changes would make your home sell more quickly or boost the sale price — and which would be a waste of your time and resources. Each home (and each homeowner) is different. These first three questions will help you take the temperature of the real estate market in your area and assess the competition. How hot or cold is the market in your area? If it’s a seller’s market, you may be able to get away with doing fewer repairs and modifications before selling,
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How Much Does It Cost to Build a House?

or many Canadians, the dream of building a home is more appealing than just buying one. Building a home comes with many benefits, and if we’re being perfectly honest, some headaches. If you’re considering a custom-built home, here’s everything you need to know. Is It Cheaper to Buy or Build a House? When it comes to the average cost to build a home in Canada, according to Home Builder Canada, the price per square foot for a detached home in major Canadian cities is as follows: Vancouver: $130 – $230 Calgary: $115 – $150 Toronto: $110 – $210 Montreal: $95 –
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Smart Ways to Spend Your Income Tax Refund

You’ve filed your taxes (or you’re planning to very soon) and you’re expecting an income tax refund. To some, this perceived windfall can be a sign to go on a spending binge. According to Canada Revenue Agency, the average income tax refund for the 2018 tax year to date is $1,735 – about the cost of an all-inclusive vacation for one in the sunny south, a few nice dinners out, or a very decent shopping spree. If you’re getting an income tax return, that means you’ve overpaid taxes and you’re simply getting some of that back. Stop treating your tax refund as “extra” cash. Here
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Benefits of Listing Your Home in the Spring

Just as vernal warm weather blankets Canadian communities, home buyers and sellers gear up for the busiest real estate season of the year. But what are the benefits of listing your home in the spring? We reached out to our RE/MAX Influencers — a panel consisting of RE/MAX Sales Associates from throughout Canada — to find out the benefits of listing your home in the spring. Getting settled in time for summer After a long and cold winter, buyers are motivated to find the right home for them so they can be settled in for the warmer months. “Many people
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How to Stage Your Home During the Holidays

The holiday season gives most people the feels – “most” being the operative word. It’s important to keep this in mind when selling your home during the festive season. It’s easy to go overboard. (If you’re not sure what we mean, watch the notorious house-lighting scene from National Lampoons Christmas Vacation for a reminder). Here are some tips to stage your home for a sale, while keeping it tasteful. Light it Up First, make sure all the year-round outdoor lights are functioning — winter days are short, so having the walkway and front door lit up for evening viewings is
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