Tag Archives: listings

Getting Your Home Ready to Sell

You would never dream of inviting guests to your house without making certain 999-rose -- For Salepreparations, so don’t invite potential buyers without first making the necessary updates by preparing your home to sell.  If you are like most sellers, you want to get as much as possible for your home and you want to do it as quickly as possible.
 
 Letting Go
 
After you’ve lived in a house, it becomes much more than four walls and a ceiling.  It’s a home and it has a lot of good memories.  Your first step to preparing your home to sell is to realize that you will take these memories with you wherever you go, but you won’t be taking the house.  It can be difficult to let go, but the task will be much easier if you start to think of it as a new beginning rather than an ending.
 
Cleaning House
 
An important part of getting your home ready to sell is in staging the decor for potential buyers.  When you stage a home, you create an environment that is free of any personal items, such as photos and/or anything that stands out as being customized for you or your family.  When a potential buyer walks through your home, they need to envision their belongings and decor without being distracted by yours.  While these items may be special to you, they could possibly prevent the buyer from being able to imagine their own style complimenting the home.
 
In addition to removing any personal items, make sure that you remove any clutter from the home.  A clean home seems larger and more inviting, whereas a lot of stuff lying around could give the impression that the home is too small or cramped for storage.  Pack up any knickknacks, remove your children’s drawings from the refrigerator and clean up your counter space in both the kitchen and bathrooms.
 
Staging Your Home
 
Now that your house is clean, it’s time to put the finishing touches on the staging process.  A solid, neutral shade in a tablecloth should be selected for the dining room table.  Depending on your decor and wall coloring, a solid white, sand or ivory covering will work well.  In the center of the table, a vase with fresh cut flowers (or silk, if you have allergies) will add a nice accent.  Did you know that the kitchen and bathroom are two of the main selling points to any home?  Keep this in mind when preparing your home for potential buyers.
 
The living room should have one focal point, whether it be a fireplace or breathtaking view of the outside world.  If you have too many features screaming out at potential buyers, they may feel overwhelmed, so focus on one aspect and make it shine.  If you have a mantle, line it with three candles that match your decor in color.  Place a large candle in the center with one smaller one on each end, which will be reminiscent of a perfectly matched bookend set.  A home with a stunning view should have window dressings that accent the positive, instead of hiding it.  If your furniture has a design of any kind, mask it with a solid slipcover to compliment the flooring or wall color.  Some homeowners also add a fresh coat of paint to their home, which will bring life back into a fading color.  Turn on the lights and open the blinds and draperies to create a bright and inviting environment throughout your home.
 
Where To Store Your Stuff 
 
Now that you know how important it is to remove any clutter and oversized or bulky furniture, you need to know where to put it.  If you already have a new home, you can simply move it there.  Otherwise, you can put it into storage until you are ready to move.  It’s important to leave some essentials in your former home for potential buyers to see, such as a dining room table, a sofa and chairs, bed, etc.  Any additional furnishings that seem to interrupt the flow of your home, or make it feel cramped, should be removed.  You do not want potential buyers to feel as though the house is too small.
 
Details, Details, Details . . .
 
As a final strategy to prepare your home to sell, make sure that you have any carpet stains removed, windows cleaned, fresh linens placed in the bedrooms and bathrooms, etc.  You would be surprised how many people pay attention to even the smallest of details, so be sure to fix any small repairs that could be a turnoff for buyers.  Last but not least, make sure your home looks just as good on the outside as it does on the inside.  This means that your lawn should be cared for, flower beds must be maintained and any outdoor clutter must be removed.
 
Source: mrmhomestaging.com
 
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For sale signs popping up across the city, so it’s a good time to buy a home

WinnipegRealEstateNews

For sale signs popping up across the city, so it’s a good time to buy a home

If your wish list for Christmas includes a new home, it’s definitely the right time of year to jump into the market, according to new statistics released by the WinnipegREALTORS®.
 
For sale signs have been continually popping up across Winnipeg and the surrounding municipalities.
“There is clearly a window of opportunity for home buyers,” said the association’s president David Powell, “since so many properties are now available on the market.
 
“Let’s not forget how favourable interest rates remain with Bank of Canada governor Stephen Poloz keeping the benchmark overnight rate at one per cent.”
The statistical report indicted that there were 4,000 MLS® listings available as of the end of November.
Peter Squire, the market analyst for WinnipegREALTORS®, said this year has been extremely active for MLS® listings with a 20 per cent gain over 2013.
Furthermore, new listings on the market climbed six per cent last month when compared to the same month last year, he added.
 
“Based on the average number of listings remaining for sale at the end of November over the last 10 years,” said Squire, “there are approximately 1,500 more MLS® listings available for sale this December.”
 
Squire said the increased number of listings has created buyers’ market conditions.
An indication of such a marketplace is that only 12 per cent of all residential-detached sales in November sold for above list price, while 80 per cent sold for below list price.
 
In the case of condominiums, 14 per cent went for above list price, while 72 per cent sold for below list price.
“Supply is still carrying the day — over 22,000 MLS® listings have been entered this year — with demand lagging somewhat behind,” he commented.
“Buyers now have more choice to find the perfect home before year-end,” said Powell.
 
But he cautioned that not all MLS® areas in Winnipeg have an excess inventory.
“A prime example is Windsor Park where there were only three active residential-detached listings at the end of November after nine sales in the last month,” said Powell.
 
“Fort Richmond mirrored Windsor Park with only three active listings going into December and 10 sales during November.”
November MLS® sales were right around the 10-year average of 828 units sold.
MLS® sales during November were down less than four per cent when compared to November 2013, and year-to-date sales are less than one per cent off the pace for the same period in 2013.
“Year-end MLS® are likely to finish the year as the fifth best on record,” predicted Squire, “while MLS® dollar volume will once again reach a new all-time record high of close to $3.4 billion in total sales.”
 
The statistical report indicated that condominium sales rebounded in November, with an increase over the same month last year of 19 per cent.
It was reported that the highest price obtained for a condo in the 111-year history of the association was achieved last month. The condo on Wellington Crescent sold for $1.75 million.
The previous high was in 2009 when a condo sold for $1.5 million.
 
Most of the condo sales this year have been in Osborne Village, while other areas showing strength have been the downtown, Tuxedo and the large MLS® area encompassing Royalwood, Island Lakes and Southland Park.
 
On the other hand, residential-detached sales were down five per cent when compared to the same month last year.
 
“When you examine the different quadrants of Winnipeg and the outlying rural municipalities,” said Squire, “rural residential-detached homes led the way with nearly one-in-four sales, and the southwest quadrant of Winnipeg was second with 20 per cent, or one-in-five sales.”
 
Overall MLS® sales — all property types — in November decreased by less than four per cent and dollar volume was down less than one per cent in comparison to the same month in 2013.
 
Year-to-date dollar volume by the end of last month was up nearly three per cent to $3.26 billion.
“Consult a REALTOR® for the best advice on current market conditions,” advised Powell.

Source: WinnipegRealEstateNews

 

This Article was in the Winnipeg Real Estate News as of December 5,2014