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December Stats are Here!

Hamilton, ON (January 5, 2022) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 811 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in December 2021. Sales decreased by 32 per cent since last month, and they were down 11 per cent since December 2020. New listings fell by nearly 50 per cent since last month and they were also down six per cent since last December. The average price for residential properties was $931,787 which was an increase of two per cent from last month compared to an increase of 27 per cent from December 2020. The inventory available dropped even further to 0.4 months of inventory.

“December 2021 saw a new residential average sale price record to close out the year,” says 2022 RAHB President Lou Piriano. “The number of properties changing hands in December did not rival the momentum from December 2020, however, we have never seen the months of inventory and active listings available this low before. Generally, most people wait until after the holidays to list their homes, but with approximately 300 residential properties on the market heading into 2022, we are expecting to continue to see tight conditions with such low levels of supply.”

The number of sales of detached properties in the RAHB market area decreased by 31 per cent in December 2021 compared to last month. The number of new listings decreased by 51 per cent, and the average sale price  increased slightly to $1,029,067 which was just shy of the record set in October 2021. The number of active listings for detached homes has decreased by 56 per cent compared to November 2021.

“The average sale price of single-family detached properties remained over the $1,000,000 mark across the RAHB market area as we close out the year with Hamilton coming in at $924,223 and Burlington soaring to $1,559, 363. At the end of December, there were fewer than 200 single-family detached properties available for sale,” says Piriano.

The number of sales of townhomes in the RAHB market area decreased by nearly 34 per cent in December 2021 compared to November 2021, and the number of new listings of townhomes decreased by 42 per cent. The average sale price increased by two per cent in December 2021 to $809,602, whereas the number of active listings for townhomes decreased by 103 per cent compared to last month.

“The average sale price of townhomes hit a new record in December 2021 coming in at $809,602. This property category also has the tightest market fuelled with high demand and low inventory. There were only 26 active listings at the end of the month which represents 0.2 months of inventory. On average, townhomes sold in ten days or less throughout 2021,” said Piriano.

The number of sales of apartment-style properties in the RAHB market area dropped by 35 per cent in December 2021 compared to last month with only 115 properties changing hands. The number of new listings decreased by 45 per cent compared to last month, whereas the average sale price increased by nine per cent over last month to $616,064.

“The average sale price for apartment-style properties registered over $615,000 in December 2021. This price point continues to make these properties an attractive investment due to the lower price point,” says Piriano. “Out of all of the property categories, apartment-style properties also had the highest number of months of inventory available at the end of the month.”

 

Specific neighbourhoods within the overall RAHB market see results that often differ from the average of the entire RAHB market area. Neighbourhoods vary and, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Piriano adds, “Going into 2022, RAHB REALTORS® are equipped with the best tools and systems to help you navigate the complexity of the market whether you are looking to buy or sell. It’s never too early to talk to a member of the REALTORS® Association of Hamilton-Burlington about your real estate and investment goals.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

For more detailed statistical information about a specific RAHB geographic area, please contact Crystal Henderson at crystalh@rahb.ca.


What should buyers know about bidding wars?


November Stats are Here!

Hamilton, ON (December 2, 2021) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,199 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in November 2021. Sales decreased by nearly ten per cent since last month, and they were down three per cent since November 2020. New listings also decreased by ten per cent since last month and they were also down three per cent since last November. The average price for residential properties was $911,673 which was a decrease of one per cent from last month compared to an increase of nearly 27 per cent from November 2020. The inventory available dropped even further to 0.5 months of inventory.

“Following a record average residential sale price in October, the average sale price held strong in November dipping by only one per cent,” says RAHB President Donna Bacher. “This month we experienced fewer properties changing hands and fewer new listings coming to the market overall, which is not unusual as we move closer to the end of the year. We have also never seen inventory this low as the level of active listings and months of inventory available continue to fall. We expect the same story in December which typically sees lower activity levels in general.”

The number of sales of detached properties in the RAHB market area decreased by 11 per cent in November 2021 compared to last month. The number of new listings decreased by 12 per cent, and the average sale price remained relatively unchanged at $1,023,561 following last month’s record. The number of active listings for detached homes has decreased by 19 per cent compared to October 2021.

“Single family detached properties continue to be one of the tightest segments of the market with active listings and months of inventory at the lowest levels on record. While the average single family sale price remained at over $1,000,000 across the RAHB market area in November 2021, the City of Hamilton’s average single family sale price was $911,896, whereas the City of Burlington’s average single family sale price came in at $1,535,491,” says Bacher.

The number of sales of townhomes in the RAHB market area decreased by 14 per cent in November 2021 compared to October 2021, and the number of new listings of townhomes decreased by 13 per cent. The average sale price increased by four per cent in November 2021 to $792,056, whereas the number of active listings for townhomes decreased by nearly 31 per cent compared to last month.

“The average sale price of townhomes spiked to a new record in November 2021 coming in just shy of $800,000. This property category saw only 53 active listings across the entire RAHB marketplace at the end of November with supply dropping to the lowest levels of 0.3 months of inventory,” said Bacher.

The number of sales of apartment-style properties in the RAHB market area remained unchanged in November 2021 compared to last month with 177 properties changing hands. The number of new listings decreased by two per cent compared to last month and the average sale price decreased by six per cent over last month to $564,827.

“Apartment-style properties continue to be an attractive investment with strong demand with the same number of sales occurring month over month,” says Bacher. “The average sale price for apartment-style properties attract both first-time buyers looking to get into the market and seniors looking to reduce their square footage and lower their maintenance costs overall.”

 

Specific neighbourhoods within the overall RAHB market see results that often differ from the average of the entire RAHB market area. Neighbourhoods vary and, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Bacher adds, “Whether you’re the buyer or seller, RAHB has over 3,700 members to choose from to help you navigate the market. RAHB REALTORS® have access to the best training, systems and tools to help facilitate safe and successful showings and sales.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.


October Stats are Here!

Hamilton, ON (November 3, 2021) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,329 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in October 2021. Sales increased eight per cent since last month, and they were down nearly 18 per cent since October 2020. New listings decreased by nine per cent since last month and they were down 23 per cent since last October. The average price for residential properties was $922,297 which was an increase of nearly five per cent from last month compared to an increase of 27 per cent from October 2020. The inventory available dropped even further to 0.6 months of inventory.

“Following September’s momentum, October posted a new average sale price record for residential properties,” says RAHB President Donna Bacher. “The number of sales are down significantly from last October’s highs and up slightly from the typical activity we usually experience in October. The level of active listings and months of inventory available remains concerning as demand continues to drive the market. We do not anticipate this to change as 2021 comes to a close.”

The number of sales of detached properties in the RAHB market area increased by nearly 13 per cent in October 2021 compared to last month. The number of new listings decreased by eight per cent, and the average sale price increased by five per cent over last month to $1,033,169. The number of active listings for detached homes has decreased by 18 per cent compared to September 2021.

“Single family detached properties continue to be the most competitive property type as the number of listings and inventory both experienced a drop after increases in September. The real story is that the average sale price reached a new record, coming in at over $1,000,000 for the first time across the RAHB market area,” says Bacher.

The number of sales of townhomes in the RAHB market area increased by nearly eight per cent in October 2021 compared to September 2021, while the number of new listings of townhomes decreased by seven per cent. The average sale price remained relatively unchanged in October 2021 at $756,684, whereas the number of active listings for townhomes has decreased by nearly 19 per cent compared to last month.

“The demand for townhomes continues to outweigh supply with the number of sales increasing over last month while the active listing count dropped sharply. The inventory available at the end of the month is at critically low levels in this property category,” said Bacher.

The number of sales of apartment-style properties in the RAHB market area decreased by one per cent and the number of new listings also decreased by 11 per cent compared to last month. The average sale price decreased by four per cent over last month to $600,912.

“Apartment-style properties are attractive to a variety of buyers due to the price point coming in well below detached homes and townhouses,” says Bacher. “With new listings and active listings decreasing month over month, we expect the competition in this market to remain tight.”

 

 

Specific neighbourhoods within the overall RAHB market see results that often differ from the average of the entire RAHB market area. Neighbourhoods vary and, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Bacher adds, “RAHB has more than 3,600 members to choose from to help you navigate the market whether you’re the buyer or seller. Our members have access to the best technology and resources to ensure safe and successful showings and sales.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

 

Source: https://www.rahb.ca/home-prices-soar-in-rahb-market-area/


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Whether you are looking to rent a condo in the heart of downtown or in a quiet south-east neighbourhood, we can help you through all aspects of finding and securing the perfect rental.

View our current exclusive listing here!

For More information email: info@daviescondos.ca


Paradigm Grand

Paradigm Grand Registration

The Grand Finale of Burlington’s most successful master-planned condominium residence is coming soon. For your early access buying opportunity, complete the form below to register.

 

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For More information email: paradigmgrand@daviescondos.ca

 

 


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July Stats are Here!


10 Ways to Organize Your Condo

Source: https://cortelgroup.com/news/10_ways_to_organize_your_condo

Small spaces are great because they force us to edit, organize, and reduce our accumulation of stuff. But most of all, we love them! The upkeep can be simple and less time consuming, not to mention lower costs to run it. However before you go out and buy what you think you need read this. Some of these tips should be considered before you move into a condo while other tips can make life much simpler afterwards. Whether you are purging, organizing or storing, take these tips to heart. You’ll thank us later.

1.     Conquer Clutter – De-clutter that is! Let’s not get too sentimental when doing this. Keep only what you need. And the stuff you can’t part with, box it, store it or organize it. Be ruthless! Throw out or donate and think like a pauper – less is more. Furthermore, if you don’t love it or need it, get rid of it! Quickly adopt the one in, one out strategy.  This is a must do before you run out and buy pretty bins and baskets or order expensive shelving.

 
condo_design
2.     Timing is Everything – Don’t bite off more than you can chew by wanting to organize everything and all rooms all at once. Pace yourself. Take 2-3 hours at a time so you won’t become irritated and tired. The longer you spend the less productive you’ll be. Rome wasn’t built in a day so take your time. You’ll be motivated to do more in less time. Bear in mind that this is an ongoing task, taking things out and returning them to their rightful place in the world takes practice before perfecting it.
condo_design_bed
3.     Multi-Function Furniture – When buying furniture for a condo, smart and efficient furniture that serves a dual purpose is king! Whether it’s a bed with storage for seasonal clothing or a sofa that’s a pull-out for an overnight guest, think multi-purpose. You’ll be able to do more with less. If you haven’t thought about a coffee table that doubles as storage for blankets or toys, or an ottoman that holds TV gadgets, think again. Trust me it gets easier with practice.
condo_design_shelves
4.     Install Wall Shelves – Go vertical. Eliminate clutter and open up your space with built in shelves, vertical shelving or wire racks hung behind doors for shoes, or cleaning supplies. Add shelving in corners or in the kitchen making it easy to access plates, cutlery and glasses. Think out of the box. Be unconventional. Not all things need be stored in cupboards and drawers, especially when you don’t have enough of them.
 
condo_design_hooks
5.     Install Hooks – An inexpensive way to get things off the floor, counters and tables are hooks. Hooks at your front door for coats and jackets, umbrellas, even pots and pans. Use a pot rack and create more space in your cupboards. Hope you get hooked on this idea (wink). It’s simple and inexpensive.
 
condo_design_doors
6.     Doors – What’s behind that door? No one needs to know that behind each of your doors except the front door have more things stored away. It’s quite genius when you think about it. Store shoes on the other side of your closet doors, store bathroom products on the other side of your linen closet if space allows it or on the back of your bathroom door. Add hooks here too for robes and towels, or add shallow shelving for toilet paper and rolled face towels. The ideas are endless! Once you find your groove organizing, it will become second nature.
 
condo_design_organizer
7.     Closet Organizers – One of the best investments from the get go is installing a closet organizer. Ikea has some fabulous ideas and some great DIY projects. You can easily double your storage capacity by adding double hanging, a bank of drawers and additional shelving. You can take the low end route with wire shelving and hanging or go for a more polished higher end product but either way, you will be surprised at how much more storage space you’ll have. Be sure to store shoes in containers (very inexpensive) so shoes don’t collect dust or carry dirt into your closet.
 
condo_design_kitchen
8.     Kitchen – The central hub of any home requires ongoing attention but there are so many organizing solutions that will keep it functioning like a well-oiled machine. From shelving in cupboards to stem racks for glasses, you can keep everything in it’s place and have a place for everything. Secret is, don’t over buy, keep food items small and get rid of expired product. You can install a slide out pantry shelf, use drawer organizers, or if you need more room for utensils you can install a pegboard with S hooks to hang them. Raise items off the counters by installing shelves. You can create a simple yet organized kitchen no matter how small.
 
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9.     Baskets & Bins – Baskets come in handy when you have too many of one thing and instead of scattering them here and there, find a home for them. Use baskets for office supplies, stackable plastic bins can be great for video games, DVDs etc. while baskets can be used as laundry bins, magazines, books and so much more. They’re great for the laundry room – to store clothes under the bed, for hats, gloves and scarves – the possibilities are endless. Group 3 or 5 baskets on a wall shelf adding a touch of style and décor. A great spot for baskets and bins is also on the top shelf of your closet where seldom-used items can be stored.
 
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10.  Do it now, and complete it now. The worst thing you can do is invest a few hours and not finish the task. Organizing something and leaving it unfinished does not make for a finished project.  Making a box of giveaways or donations and not taking it to where it needs to go defeats the purpose. Whether it’s clothes to donate to a friend, a shelter, recycling or throwing stuff out, do it that day or put it in your car to deliver it while you’re out. Once you’ve done all this work, complete it. You’ll reap the rewards that much faster.
A well-organized small space is truly the cat’s meow. Bigger isn’t always better and you don’t have to have the supersized home when you can live within your means quite comfortably in a condo. There’s no reason why you can’t have the coziness of a small space that also has style and functionality. Besides, done right, condos and small spaces are super cool when they are well thought out.

Condo Decor Do’s and Don’ts

Written By: Tina Marie Singh
Source: https://canadianhometrends.com/condo-decor-dos-and-donts/

Condo Decor – With the rise of condo living, one of the biggest issues we are seeing homeowners faced with is finding a sensible way to decorate their space. We know that it can feel like a balancing act when you’re working with such a small space. Consequently, it can feel almost like you need the perfect combination to really get it right. Here are some useful tips to keep in mind when decorating your condo and considering the impact of harmonious space.

DON’T FURNISH WITH OVERSIZED CONDO DECOR PIECES

That vintage leather smoking chair might seem like a good idea at the time but can end up taking too much valuable floor space. I always tell homeowners to steer clear of overstuffed furniture and purely decorative pieces when working with limited square footage. With smaller living spaces an upward trend in today’s lifestyles, you can still find fabulous furniture to fit small cozy dwellings. That way, you don’t have to sacrifice on style or space.

DO STICK TO SLEEK CONDO DECOR PIECES

You want to maximize the space you have and keep clutter to a minimum. We recommend choosing your fundamental pieces to have sleek arms and backings. Think minimalist and clean lines, which translate into less bulk. Also, bonus points for multi-use furnishings. We love ottomans with storage, lift-top tables with blanket space and beds with drawers. They can be both functional and elegant.

DON’T GO CRAZY WITH PATTERNS

Loud prints and bold colors can make a small space actually seem more restrictive. Patterns are best reserved as elements placed few and far between. Throw pillows and art prints can be a great way to add character and definition to a room.

DO KEEP THINGS LIGHT AND AIRY

We mean this in the genuine sense of the word. Think ghost chairs at your breakfast nook, glass-topped tables in the living room and crystalline pendants over the bar. This helps create the illusion of a larger space. The fewer shadows your space casts, the brighter it will look and feel. – Tina Marie Singh, www.lionsgatedesign.ca


June Stats are Here!


How much condo insurance do I need?

Source: https://leasing.dmcihomes.com/blog/tips-condo-summer-ready/

When you think about buying insurance for your home, the amount of coverage will depend on your type of property. In case you are living in a condo, there are two kinds of policies you will need. The master policy, which will cover all common areas and external structure and personal insurance. As a condo owner, you will combine both policies. Then, you might be wondering: How much insurance do I need? In this article, you will find the answer.

Whenever you ask an agent how much insurance you need for your condo, they will tell you that it depends. This is because both policies have to work together to give you complete coverage. However, the main difference is that the master policy is mandatory for every resident, while personal insurance is optional. In this regard, there are different types of mandatory policies available depending on the condominium you choose. That’s why first, we will explain the coverage of commercial condo insurance. After, we will break down how you can complement your protection with personal condo insurance.

Condo master policy

If you decide to live in a condo, you will have to purchase a homeowner’s association policy. All types of condo master policies will cover all the common areas such as the gym, swimming pool and games room. As part of the association, you will have to contribute every month to this insurance. Here are the condo master policies that you could find in the market.

  • All-in

These policies cover the exterior structure, fixture repairs and liability. Also, it will protect the internal structure, including any renovations you made to the unit. But, all your personal property is not part of the policy.

  • Bare walls

This one covers only the external structure and common areas. This means you will need to ensure all the contents of your home, appliances, flooring and fixtures, among others.

  • Single entity

With the single entity policy, you will have more coverage than with the bare walls, but less compared to all-in. Single entity protects all the exterior structures of the building, common areas and internal fixtures. However, for any repairs or upgrades, you will have to protect through a different policy.

Remember that the homeowner’s association would decide which type of master policy you buy. The purchase of this insurance will even be a condition to be a resident of the building. It is important to carefully read all the conditions of the master policy and find out everything that is excluded. Once you know which one is your homeowner’s association insurance, it’s time to take a look at the condo insurance.

How much condo insurance do I need?

Some people think that the master policy and the condo insurance are the same things. But, they are wrong. The master policy is the coverage that the homeowner’s association mandates. Condo insurance is a personal coverage that most residents purchase to protect their personal property, plus everything excluded in the master policy. If you want to find the top condo or home insurance in the market, visit Surex.

Now, you might be wondering how much insurance do you need for your condo? Well, that depends on the master policy. For instance, if you have all-in coverage, you will need to purchase condo insurance to cover renovations. However, there are other factors you need to consider, such as the age of the structure, location and size. You can talk about all this with your insurance agent, and they will help you determine which coverage you need.

But, before you call your insurance company, there are some values you need to know.

  • 1. Personal items

Apart from complementing what’s missing from the master policy, condo insurance also protects your personal items. This insurance will kick in in case your items are damaged, lost or stolen. To have an average value for the coverage of your items, you need to do an inventory.

When you start asking for condo insurance quotes, one of the first questions they will ask you is for an estimated value of your personal property. It is easy to underestimate the cost of elements you have in your house. That’s why an inventory of your clothes, furniture, appliances and electronics will ensure you come up with an accurate amount.

Today many apps can help you with the inventory, plus you can edit it to keep it up to date. If you have any high-value items such as jewelry or musical instruments. You’ll have to add these elements to the policy through floaters.

  • 2. Liability coverage

Make sure that your condo insurance policy includes liability coverage. This part of the policy will protect you in case someone gets injured inside your property. The insurance company will take care of all the medical bills, up to a determined amount, plus any legal fees.

Before deciding how much liability coverage you will need, asses all the possible hazards in your home.

  • 3. Living expenses

In case the is a fire, leaving your unit completely destroyed and you can’t live there while it is being repaired. Where would you go? Even though this is an extreme scenario, you must prepare for unexpected situations. To determine the living expenses of your policy, you need to think about your daily life.

Consider you might be living in a hotel for a couple of months. How much money will you expend? What is the cost of food for you and your family? Once you have an amount, you can include it in your policy.

After taking a look at how much condo insurance you might need, we will talk about how much should condo insurance cost.

How much should condo insurance cost?

On average, condo insurance costs $488, but the final amount depends on several factors. The insurance company will calculate your premium considering your master policy, the state of your unit and your location. However, the coverage for personal items, liability and living expenses will increase the price of your policy. If you feel lost at any point, contact your provider or insurance agent.


May Stats are Here!

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,811 sales of residential properties located within the RAHB market area through the Multiple Listing Service® (MLS®) System in May 2021. While sales were down five per cent since last month, they were up 90 per cent since May 2020. New listings were down 14 per cent since last month and up 73 per cent as of last May. The average price for residential properties was $843,468 which was down one per cent from last month and up 29 per cent from May 2020. The inventory available at the end of the month was 0.6 per cent lower than last month.

“In May 2021, the RAHB market area saw a very slight decrease in sales and number of properties being listed as compared to April 2021,” says RAHB President Donna Bacher.“We have to acknowledge that the impact of the COVID-19 pandemic distorts housing statistics when comparing year to year, so rather than looking at 2020 to 2021, our best insight comes from a month over month analysis – especially in a spring market.”

The number of sales of detached properties in the RAHB market area decreased by four per cent in May 2021 compared to April 2021. The number of new listings was down 12 per cent, and the average sale price decreased by one per cent to $940,348 from last month. The number of active listings for detached homes has increased by two per cent compared to April 2021. The sales to new listing ratio at the end of May was 77 per cent for detached properties.

“For the second month in a row, detached homes in the RAHB market area saw a slight decrease in average price even though statistically we are still well within a strong seller’s market,” says Bacher.

The number of sales of townhomes in the RAHB market area decreased by 10 per cent in May 2021 compared to April 2021. The number of new listings of townhomes was down 20 per cent, and the average sale price increased by 0.2 per cent to $714,695 from last month. The number of active listings for townhomes has decreased by nine per cent compared to April 2021. The sales to new listing ratio at the end of May was 85 per cent for townhomes.

“Townhomes, when comparing May 2021 to April 2021, saw an overall decrease in the number of sales, new listings, and active listings; however, the average price of a townhome remained practically the same compared to last month at just over $700,000. With a significant drop in new listings compared to last month it is no surprise that townhomes finished May off in a very strong seller’s market.”

The number of sales of apartment-style properties in the RAHB market area increased by four per cent in May 2021 compared to April 2021. Compared to last month, May 2021 saw the number of new apartment-style listings decrease by 12 per cent, and the average sale price decreased by 0.2 per cent to $532,030. The sales to new listing ratio at the end of May was 98 per cent for apartment-style properties.

“The average price of an apartment-style property saw a nominal decrease for May 2021. But once again, apartment-style properties finished the month in a very solid seller’s market.”

Specific neighbourhoods within the overall RAHB market area saw results that often differ from the average of the entire RAHB market area. Neighbourhoods vary and, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Bacher adds, “For anyone who wants to buy or sell a home in the RAHB market area, our RAHB REALTORS® have access to the best technology, along with a commitment to follow strict safety protocols, ensuring safe and successful showings and sales. Whether you’re a buyer or seller, working with one of RAHB’s more than 3,500 members will help ensure you are not only getting the best service and data but also that your real estate transactions will be both successful and safe.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

Source: https://www.rahb.ca/rahb-market-area-saw-slight-decrease-in-sales-activity-and-average-price-in-may-compared-to-the-previous-month/


20 Easy Tips in Making your Condo Summer-Ready

Source: https://leasing.dmcihomes.com/blog/tips-condo-summer-ready/

Some say summer is overrated. Well, what’s wrong with having a little fun? Summer is a good time to hit the beach, relax your mind, get some rest, and bond with friends and family. Summer is also a good time for fashion – from bikinis to colorful dresses. But aren’t you forgetting something? If you are beach-ready, then your home must be ready to welcome the summer vibe, too. Isn’t it fun if you try to give your condo a cheerful makeover this time of the year? Whether you’re a fan of summer DIY projects or an advocate of store-bought, these 20 easy summer projects will surely liven up your condo.

 

The Flower Power

condo summer flower arrangement

Let’s start with something really cheerful and charming. Care for a sunflower? Adding a vase of flowers, even just a stem, will lighten the mood in any room. Try adding lemon to the vase to prolong the life of the flowers. The acid-based substance improves water flow in the stems and reduces the amount of fungi build-up while the sugar helps open buds. Make it your centerpiece and have your condo smelling nice, too.

Add Some Greens

Summer Potted Plant

Adding some indoor plants is one of the easiest tricks to make a condo looking fresh. No green thumb? No problem. Most indoor plants can thrive on low sunlight. If one day, you forget to water them, they won’t really mind. Most herbs are low-maintenance so why not try growing your own herb garden today? You can use recycled cans or jars.

Garden In A Jar

Summer Plant Condo Glass Bottle

Assembling bottle terrariums is a fun summer condo activity to do with your kids. You can use some herbs or plant seeds and watch them sprout. This is a good way to extend learning in the kitchen. They are easy maintenance and really fun.

Run With It

Summer Condo Table Runner

One cheap summer décor is placing a colorful and printed runner on your table. Choose patterns that remind you of flowers or the beach. If you don’t want to pick one at the mall, you can make this your DIY summer project. Do you still have those colorful bandannas? Sew a few pieces together and get yourself a table runner.

 

Pillows And Patterns

Condo Summer Sofa

You don’t need to change your couch. Just give it a re-touch by changing the covers of your throw pillows. Enough with neutrals and plainness. Summer is a perfect time to go a little wild with mixing and matching colorful throw pillows. Choose lightweight and soft fabric. They don’t cost a lot but they have great impact.

 

Comfy At The Balcony

Summer Condo Balcony

If your condo has a balcony, summer is a good time to use it often. Dress it up with comfy chairs or daybed and again, patterned pillows. Add a plant, too. It is nice to prepare your balcony this summer because you can hold intimate summer condo activities here like grilling barbecues or drinking cold beer with a few friends.

 

Lighting With Shells

Summer Lighting for Condo Shells

Bring home a touch of the beach or the sea with oversized shells. You can put a candle or battery-operated lights inside them to give you that romantic summer mood. Smaller shells are perfect for string lights.

 

Make A Shell Vase

Summer Shell Centerpiece for Condo

Aside from lighting, big shells and clams can also be turned into plant and flower vases. Choose the ones that are stable and can lay flat on a surface.

 

Bring The Beach Home

Summer Candle in Your Condo

Since we are already talking about shells, why not place a beach display in your condo? Creating a beach centerpiece or display is another cool DIY summer project. Just throw in different kinds of seashells and sand.

 

Hang the Memories From Your Summer Vacation

Condo Photo Wall Summer Vacation

Get yourself even more excited to go to the beach by hanging pictures of you and your family’s times at the beach. It is always nice to add a personal touch to your home.

 

Seascape On Your Wall

Condo Summer Sofa

Hang a seascape canvas on your wall to give your condo an instant summer feel. There are plenty of summer paintings to choose from. Pick the one that goes well with your wall paint and your furniture.

 

Flirty Fabric on the Floor

Summer Colors in Your Condo

Don’t forget your floor. Adorn it with flirty patterned area rugs or carpets. They will go well with patterns on your wall or your furniture.

 

Stripes And Summer

Nautical Bedroom Theme For Condo

Summer loves patterns, especially stripes. Adorn your condo interiors with striped fabric and decorations for that cool and fresh look. You can also use some colorful tape to create stripes on some furniture like the dresser or storage cabinets.

Welcoming Summer

Condo Summer WreathWelcome summer at your doorstep by pinning a summer wreath or burlap at your door. Just like a Christmas wreath, making your own summer wreath is an easy condo project. Just a few flowers and ribbons would do. Seashells and wood are also great. Even those cute umbrellas on fruit juices would be nice.

 

Update The Paint

Summer Chairs in Your Condo

Don’t worry, you don’t need to paint your whole condo. You can just update old and tired furniture by using high-gloss spray paint. Consider a facelift of dining chairs, your old dresser, or tired night stand. Choose beach blue, grassy green, or some other flirty colors. Take note, don’t forget to prime for paint to stick really well and for the surface to be fine.

 

Make Good With Wood

Condo Summer Coffee Table

Natural elements like wood are also good for summer-looking interiors. Adding decors made of wood boosts a nice touch. Turning tree stumps into a center or coffee table is also a great idea; it is another way of bringing the outdoors in.

 

I’m Livin’ On Sunshine

Condo Curtains For Summer

Summer is a good time to pull back the drapes and thick curtains to let some sunshine in. This is also a good way to lower your electricity bill this summer. But if you still want something hanging by your window, choose a see-through fabric or lace to make your room feel light and airy. But if you want to keep the sun out, drop cloth and cottony-soft fabrics are also nice.

 

Beach-Inspired Bedroom

Crisp White Condo Bedroom for Summer

Do you dream of sleeping in a beach bed like those really comfy ones at the resort? Well, why not turn your own bedroom into a hotel-resort accommodation? This DIY summer condo project just requires decorating with dreamy pillows and sheets. Hang an ocean-inspired painting on the wall and place a seashell display on the night table or pin some on the headboard. Aside from ocean blue and flower patterns, sand colors are nice too. Hanging lace curtains on the corners of the bed is an option.

Got The Blues?

Condo Summer Seat

When it comes to decorating this summer, a mix of happy colors is a great idea. But for some reason, touches of blue are also hands-down winners. Summer means life at the beach that is why aqua, teal, and turquoise are nice colors to have at home this season.

Decorate With Must-haves

Yellow Themed Condo for Summer

Use summer must-haves for your decorating pleasures. It could be a surfboard in a corner, boat paddles on the headboard, or summer hats and flip-flops mounted on the wall. These are all great reminders of the fun life at the beach.

Bring in the beach and the outdoors this summer by easy-to-do beach themes and summer-inspired decorations. No need to spend much. Just a touch of nature in your home can make any space summer-ready.


Here’s how much monthly rental profit the average GTA condo earns

Written By: Neil Sharma
Source: https://www.canadianrealestatemagazine.ca/news/heres-how-much-monthly-rental-profit-the-average-gta-condo-earns-334628.aspx

The average GTA condo made a $63 monthly rental profit in 2020, according to a research report.

“Using payment data on all registered mortgage loans on rental units and adding in condo fees and property taxes, the average unit had ownership carrying costs of $2,077 per month. For these same units, the average achieved rent after completion was $2,140, leaving a small positive cash flow,” said the report from Urbanation’s Shaun Hildebrand, president of Urbanation, and Benjamin Tal, CIBC Capital Markets’ deputy chief economist.

Sixty-three percent of investors in the GTA were cash flow neutral or positive last year, up from 56% in 2017. Although using credit vehicles, including HELOCs, on title would slash the share of cash flow positive investors, the report noted that many investors don’t require mortgages at all. In fact, low interest rates mean that about half of mortgage payments during the first year go towards the principal on a 30-year amortization. For the average GTA investor—the average age of an investor who closed on a condo last year was 47—principal repayment becomes more favourable with each passing year.

Investors who purchased presale condo units fared better from a cash flow standpoint than landlords who bought resale units and leased them in 2020, with 80% of the latter becoming cash-flow negative.

“In fact, more than half of all condo investors were cash flow positive by up to $600 per month and less than 15% were cash-flow negative by more than $400 per month. Those that were cash-flow negative by $1,000 or more per month represented just 5% of investors.”

The average unit price was $415,175 with an 85% loan-to-value at closing, and among investors with positive cash flow, their average net income was close to $400, up from over $360 in 2017. However, larger units’ cash flowed negatively.

“In terms of unit type, there was a clear negative correlation between the size of the unit and the amount of cash flow, with studios performing best but still only representing 6% of the market. Only three-bedroom units had average negative cash flow, although these larger units comprised only 2% of rental investments.”


The Well-Stocked Minimalist

Written By: Laura Gaskill
Source: https://www.houzz.com/magazine/the-well-stocked-minimalist-stsetivw-vs~34774699?utm_source=Houzz&utm_campaign=u15988&utm_medium=email&utm_content=gallery6_8&newsletterId=15988
Is it possible to maintain a well-stocked and clutter-free home? On the surface it may seem these are polar opposites, but I like to think of them as more akin to two sides of a scale. Whether I’m decluttering or making a purchase, the goal I keep in mind for my own home is to have just enough of just the right stuff. This is stuff that helps make life easier or simpler, or saves time and money. If you are also looking to simplify without giving up all of your possessions, these tips can help.
Make Sure Your Stuff Reflects Your Life as It Is Now
A well-stocked home looks different for each person and changes with time. The things a parent of young children needs at home are quite different from what a college student or a retired couple needs. Whenever you shift life phases — from moving to a new area to starting a new career — take it as an opportunity to assess your stuff.
Stuff Does Not Necessarily Equal Clutter
Stuff becomes clutter when you do not want or need it. Having a drawer full of all-occasion cards, thank-you notes, stamps and pens could be clutter to one person and a helpful tool to another. Only you know for sure exactly what you need — and what will gather dust in a forgotten cupboard.
Sometimes It Makes Sense to Stock Up
If you are someone who entertains frequently (or plans to in the future), it can be more cost effective, and less wasteful, to make a one-time investment in a large set of basic dishes and glassware. Otherwise, you’ll end up either using paper goods or renting every time, which can be a hassle. And while most things around the house are not, in the grand scheme of things, all that important, when it comes to first-aid and emergency supplies, we should all be stocked up.

But There’s No Need to Stock Up on Things That Don’t Fit Your Life
If you keep a mostly paperless home office, there’s no need for paper clips, staples and bulk-size boxes of sticky notes and copy paper. Be realistic about what you use and skip the rest.
Stock Up to Save, Not Spend
Stocking up is often more economical, saving you money — think of those giant containers at the big-box store or the bulk bins at the natural grocery — and saving you time by helping you cut down on shopping trips. However, there is a difference between buying in bulk on items you know you will use and being seduced by sale prices into stocking up on items you wouldn’t normally buy. Stick with tried and true favorites, and save experimenting with new brands or flavors for small packages; this applies to both food and nonfood items.
Aim to Have Enough but No More
Having the right tools to get the job done properly is essential to any task, from cooking to woodworking. Have on hand what you need for the jobs you do regularly but no more — if you bake every week, it makes sense to have plenty of sheet pans, muffin tins, mixing bowls and all of the rest. If you find yourself in need of a specialty item that you likely will never use again, see if you can rent or borrow before buying your own.

Stock Up to Make Life Easier, Not More Complicated
It can be handy to have the right vase for those flowers you brought home, gift wrap and tape when you’re due at a birthday party in 20 minutes, or tools for getting that art wall just right. Having to dig through a cupboard stuffed with random half-used sheets of wrapping paper to get to the good stuff or spending money on beautiful tools you will never use is not the point. When you are considering buying something to have on hand, ask yourself whether having this thing will actually make your life easier. If not, pass on it.
It’s All About Balance
Problems begin when things come into your home but rarely go out. The best way to keep a healthy balance is by looking at, touching, using and removing items in your home frequently. Just because you bought something doesn’t mean you must be burdened with it forever. Learn from your mistakes, notice which things you tend to buy and then not use (cupboard full of half-done craft projects, I’m looking at you), and commit to making wiser choices next time.

How to make your outdoor space a hot destination oasis

Written By: Lisa Rogers
Source: https://myhomepage.ca/deck-decor-make-outdoor-space-destination-oasis-sep2020/

We Canadians love our backyards, and no wonder. We have been spending so much time at home with COVID-19 that we love to spend more time outside. And stay out there – listening to the birds, the burble of a water feature, watching the sun set, connecting with friends and family, even at a distance.

As the pace of life quickens and our homes shrink in size, the outdoors is literally the last frontier – and the reason why we’re spending so much more on making the backyard, or deck or balcony a destination oasis.

Out with the white plastic chairs and plexiglass tables, in with the fire pits and heaters giving us a much longer outdoor season, deep-seated sectional sofas, teak dining tables and chairs, and strings of lights. Outdoor furniture manufacturers have been eager to meet our need to linger outside with a wider range of furniture, with longer lasting frames, fabrics that retain their shape and water resistance, and cushion foam that stays comfortable.

Here’s what you need to know:

1) Plan out your space according to how you intend to use the deck. If you are a big reader or sun worshipper, but don’t like eating al fresco, set up your space with more living room type furnishings, and tuck a small dining table off to the side and out of the way.

2) Check materials carefully. There’s teak, treated pine, metal mixed with wood, solid aluminum, stainless and wrought iron. Of these, teak and aluminum last the longest, and are probably the most expensive. Teak you need to baby a bit, while aluminum just wipes clean.

3) Consider modular furniture – pieces that fit together as a sectional or stand alone as chairs – for flexibility. You can change the seating arrangement to suit the occasion or your mood.

4) Decks aren’t just for daytime. Small white lights are magical when strung from house to tree. Add candles around the edges of your deck or patio – flameless ones are safer. An ethanol fire pit not only creates mood, but keeps feet warm and can easily be moved around.

5) Music really adds to the ambience – not so loud that your guests can’t hear each other or the neighbours complain, but as background.

6) As for styles, the sky’s the limit, and they can reflect your dream destinations, or they can reflect the decor of your home. Fancy a week in the Hamptons? Check out sectionals in whitewashed and weathered greys – made from resin wicker – with East Coast fabrics such as navy and white stripes (in water repellant fabrics). Prefer life in a Park Avenue brownstone? Then wrought iron with deep charcoal cushions set amidst a row of boxwoods might be better for you.

7) Don’t forget the floor – wood flooring tiles are easy to install, and create an immediate room setting, especially with the concrete of a condo balcony. Add an outdoor rug to pull it all together.

8) There’s nothing like dining al fresco, and if you’re the type who likes tons of people over, an expandable table might be the best choice. Classic wrought iron tables look great and last forever but are pricey. There’s always teak, but it’s pricey, too, so check out budget-friendly teak alternatives that work equally well. If your deck is on the small side, go for stackable dining chairs.

9) Stow outdoor dining essentials – bright coloured table mats and napkins, covered lanterns or candle holders – near the back door or in a waterproof storage bench. Make sure to keep throws handy to ward off the evening chill.

10) An umbrella will shade the table from the sun and rain; one with a tilt arm that can be adjusted to follow the sun all day. The new pergolas do the same and more, especially when fitted with a retractable canopy system or screen to protect against bugs.

11) For privacy, especially on a condo balcony, you can create a privacy wall by positioning a row of evergreens in matching containers along the edges of your deck. Erect lattice or bamboo screening, then add wall mounted planters and a water feature for an instant retreat.

12) Depending on the space you have, hammocks are well worthwhile for the downtime they afford – snoozing or watching the stars. Add colourful pillows and a sea of planters for a cosy destination.

13) Containers are the way to go for gardening. They come in all shapes and sizes and materials (remember that resin is lighter and therefore easier to move). Depending on the direction they face, condo balconies are ideal for herbs and tomatoes, but they need a lot of water, so make sure you have proper drainage. Tropical plants love sun and add a festive air to your deck – you can also bring them in come fall. If you have less direct sunlight, fill tall tapered containers with ornamental grasses for a clean, modern and minimalist look.

14) Just like inside, the deck is made livelier with the addition of some artwork, such as wrought iron grills, architectural salvage, window frames (with or without mirrored glass).

In the end, if you choose any of these tips, who needs a cottage?


8 Spring Decorating Ideas 2021: Make Your Interior Design Bloom

Seasons are a splendid excuse for revamping, sprucing, and enhancing your interior design. Winter is turning a corner, so inviting new pieces and experimenting with fresh colors and lines is the thing to do. We asked for expert advice from our team of professional interior designers and with buzzing anticipation, here are several spring decorating ideas that will make your space pop, blossom, and bloom.

1. Raw Wood: Spring Decorating Essential

Interior renovation of La Jolla, California residence completed by Corine Maggio Natural Designs.

Coastal dining room with spring home decor by Decorilla interior designer, Corine M.

 

Wood is an essential material in creating comfort, warmth and organic beauty to a space. By keeping it raw, the tones, grooves, and imperfections act as a work of art in your spring interior design. Found in the form of a side table, wall art, or even spanning across the ceiling, for example, this is definitely nature’s spring decorating idea.

Need help deciding which spring decorating ideas will freshen up your home? Then, schedule your Free Interior Design Consultation for expert assistance getting started today!

2. Pastel and Bright Accents in Spring Home Decor

spring interior design trends

Bright living room for a fresh spring interior design by Decorilla interior designer, Michelle B.

 

Pastels are just synonymous with spring and do the perfect job at freshening up your spring home decor. Both gentle and airy, these hues offer an environment of tranquility so greatly desired in our fast-paced, hectic lives. Whether as accent pillows, wall color or decor pieces, these pastels in spring home decor add a softness that comes with springtime. In contrast, bright colors can also be used for a more bold use of color reminiscent of vibrant spring blooms. 

3. Mindful Spring Decorating Ideas

spring interior design trends

Design accents by Decorilla interior designer, Corrine M.

 

As the first season of the year, Spring inspires reflecting and goal making. Also among interior design trends 2021, sustainable repurposing is making a statement in homes across the country. Dive into some serious spring cleaning by purging of unnecessary books and knick-knacks. Decorilla designer, Ivonne T., suggests up cycling as a perfect spring decorating idea. Give an outdated console table new life with a fresh coat of paint or reupholster an armchair. Let your creativity run wild. 

4. Spring Decorating Ideas: Make Neutrals Pop

spring bedroom interior design pops

Timeless bedroom by Decorilla interior designer, Joseph G.

 

If pastels aren’t your thing, this spring decorating idea is one that’s tried and true. Neutrals do the trick of both opening a space and creating a canvas for accentuated pieces of decor.

spring decorating ideas living room pops of color

Color pop can be bold and vitalizing or subtle and moving. Either way, infusing a space with fun pillows, a dramatic abstract painting, or a single saturated accent chair can certainly add new life to your interior design.

5. Textured Pottery in Spring Home Decor

fin-ceramic-vase-from-west-elm

A popular trend seen in spring interior design is the use of textured ceramics or pottery as accent decor. In color or neutral, bowls and vases with tactile lines and patterns add an interesting dimension. Leave the vases to make a statement on their own or fill them will seasonal florals for an added freshness in your spring home decor. 

6. Add A Statement Pendant

library design online lighting

Cozy library by Decorilla interior designer, Michelle B.

 

Chandeliers have a way of ooh-ing and ahh-ing but this spring, make a statement with a funky, fab, beautiful pendant. Oversized or whimsical, these lighting fixtures become an instant focal point and design refresher. A professional designer can assist with the perfect selection and overall interior design help.

7. Update Bedding With Playful Sheets 

playful spring interior design bed sheets

Teen bedroom with spring home decor bedding by Decorilla interior designer, Lauren A.

 

This year, we’re veering from plain white sheets towards more playful and colorful options. Natural motifs like birds and flowers are simple spring decorating ideas that bring the outside in. Bold shapes and patterns also add a gaiety to the bedroom design. Furthermore, be sure to choose lighter fabrics for the warmer weather on its way. 

8. Muted Metallics in Spring Home Decor

spring interior design metals

Living/dining room by Decorilla interior designer, Corine M.

 

Gone are the winter days that beckon the use of shiny finishes to share light in spaces. Low shine accent decor is a great spring decorating idea that keeps metallics in the mix. Lamps and furniture that have antiqued or brushed metallic finishes offer a weathered, vintage look that is beautiful and subtle.

spring interior design trends metals

Light and airy spring interior design for a new build bedroom by Decorilla interior designer, Tina G.

 

Welcome this new season with these spring decorating ideas to freshen up your home decor. Incorporating one or more of these interior design trends for spring will help you create a seasonably stylish home that’s sure to feel classy and welcoming for family and friends.


March Stats are Here!

“The RAHB market area was close to record-breaking activity with a 63 per cent increase in sales, a 65 per cent increase in new listings and an overall increase in inventory by 27 per cent since last month,” says RAHB President Donna Bacher. “With the spring housing market upon us and the vaccine rollout ramping up, it appears more homeowners are feeling comfortable listing their home and we have started to observe an upturn of active listings. We have to acknowledge that the impact of the COVID-19 pandemic distorts housing statistics when comparing March 2021 to March 2020.”

The number of sales of detached properties in the RAHB market area increased by 74 per cent in March 2021 compared to March 2020. The number of new listings was up 53 per cent, and the average sale price increased by 34 per cent to $987,030 from March 2020. The number of active listings for detached homes has increased by 36 per cent compared to February 2021.

“Compared to last month, detached homes saw the largest increase in inventory between the different property types at 36 per cent. In addition, we saw a large increase in the number of sales and new listings. Due to an increase in supply to offset existing demand, the average price saw a modest increase month-over-month of two per cent,” says Bacher.

The number of sales of townhomes in the RAHB market area increased by 73 per cent in March 2021 compared to March 2020. The number of new listings of townhomes was up 64 per cent, and the average sale price increased by 29 per cent to $734,970 from March 2020. The number of active listings for townhomes has increased by 13 per cent compared to February 2021.

“Townhomes saw the lowest increase in average price at 0.7 per cent compared to detached and apartment-style properties, but had the largest increase in sales at 80 per cent when looking at February 2021 market numbers. What this means is that townhomes continue to be a good option for buyers who are looking for more space than a condo at a more affordable price tag than a detached home.”

The number of sales of apartment-style in the RAHB market area increased by 68 per cent in March 2021 compared to the same month in 2020. In March 2021, the number of new apartment-style listings increased by 43 per cent compared to March 2020, and the average sale price increased by 16 per cent to $519,586 from March 2020. Apartment-style properties continue to be experiencing a sellers’ market, with the sales to new listings ratio sitting around 75 per cent in March 2021.

“Apartment-style properties continue to fall within a buyer’s market and the average price is just over $500,000. Both these factors make condos very attractive to both buyers and investors in the Hamilton-Burlington area.”

Specific neighbourhoods within the overall RAHB market area see results that often differ from the average of the entire RAHB market area. Neighbourhoods vary and, determining the right price and conditions when buying or selling a property can be challenging. Local RAHB REALTORS® have the experience, knowledge and tools to help buyers and sellers make those big decisions.

Bacher adds, “For anyone who wants to buy or sell a home in the Hamilton-Burlington area, our RAHB REALTORS® have access to the best technology, along with a commitment to follow strict safety protocols, ensuring safe and successful showings and sales. Whether you’re a buyer or seller, working with one of RAHB’s more than 3500 members will help ensure you are not only getting the best service and data, but also that your real estate transactions will be both successful and safe.”

**Average sale price can be useful in establishing long-term trends but should not be used as an indicator that specific properties have increased or decreased in value. Talk to your local REALTOR®.

Source: https://www.rahb.ca/sales-and-new-listings-skyrocket-in-march/


10 Tips to Make Your Bedroom Into an Oasis of Midlife Calm

Statistics show we are spending more time in the bedroom, sleeping, working, and yes, hiding out from others! Sleep experts recommend that the bedroom be used only for sleep. It’s important to create a psychological association between the two. However, in these compromised times many of us don’t have the luxury of a bedroom dedicated to sleep. So how can achieve the dual goals of having a calming daytime escape or workspace and promote better sleep? One way is to create a soothing space. Read on for our tips on how you can turn your bedroom into an oasis of calm.

Creating a Calming Sleep Space

1 Deep Clean

Start with the basics and give your bedroom a good cleaning. Allergens lurk in curtains, carpets, linens, and dusty surfaces, and can interfere with your breathing and impact sleep. Wash your linens and drapes, vacuum carpets, including under the bed, and wipe down all your surfaces with a damp cloth. Finish off by opening the windows to get fresh air in and built-up toxins out. Yes, toxins do build up in the home, aggravating allergies and asthma. Unless it’s a high pollen day, fresh air flow daily contributes to a healthier you!

2 Declutter

Clean surfaces are more calming than cluttered ones. It’s time to pull a Marie Kondo and tidy up! Stacks of books and magazines, piles of clothes, and anything that doesn’t belong in the bedroom need to go. Throw out or donate what you no longer want and pack away everything else in closets and drawers. Keep the minimum items on your bedside table like a clock and tissues and put everything else in the drawer or basket underneath. Subtraction is key.

3 Upgrade Your Linens

If your linens have seen better days and you can afford a new set, by all means do. Nothing is more relaxing than crisp, new sheets and a cozy comforter or blanket. Go for natural fibers if you can for breathability. Check out weighted blankets if you are sleep challenged. People claim they improve sleep!

4 Splurge on a Quality Mattress

A new mattress is a big investment, but it can be life changing if you have back issues or suspect your mattress is not giving you a good night’s sleep. If you are still sleeping in a queen size bed with your partner and having hot flashes and night sweats, upgrade to a king size bed if space permits. Trust us, it’s a game changer!

Pro tip: We get more light sensitive as we age even to small sources such as a TV power light and digital devices. Use a sleep mask or black out shades to block out all sources of light. For more tips, check out our  Guide to a Better Snooze .

Pro tip: We get more light sensitive as we age even to small sources such as a TV power light and digital devices. Use a sleep mask or black out shades to block out all sources of light.

5 Block Noise and Light

Sound is the biggest disruptor of sleep. If you are a light sleeper who is easily disturbed by any noises, a noise machine might be just the ticket. A study from 2017, found that pink noise helped older adults get deeper sleep (and improve memory).

Artificial light is also the enemy of a good night’s sleep, especially in this era of digital everything. It disrupts our natural circadian rhythm. Turn off digital devices two hours before bed. The blue light emitted from devices interferes with sleep. If you use a digital alarm clock, turn it away from you.

6 Paint

Interior decorators have been telling us for years that the cheapest way to transform a room is to paint it. When it comes to creating a calming bedroom, cool colors rule. Think blues, yellows, greens. If it helps you make a decision on color, a survey found that people with blue bedrooms got the most sleep.

7 Personalize with Art

Art is also an inexpensive way to makeover a room. It doesn’t have to be gallery-quality. You just need art that you love to look at. Minted, Etsy, and other sites are great sources as are travel mementos and family treasures. You can also think outside the box like in the photo above and hang items that were originally intended for another purpose.

Pro tip: turn your thermostat down to 67 degrees Fahrenheit or lower. The  research  consensus is that sleeping in a room between 60 and 67 degrees Fahrenheit is optimal.

Pro tip: turn your thermostat down to 67 degrees Fahrenheit or lower. The research consensus is that sleeping in a room between 60 and 67 degrees Fahrenheit is optimal.

8 Make a Cozy Nook

If you have the space, find a part of the bedroom to create a cozy spot just for you. It could be a comfy chair for reading, a small desk for writing, or an area to practice yoga or meditation. Make this spot your exclusive place for quiet contemplation and restoration.

9 Swap Your Night Clothes

If your pajamas are torn, stained, stretched out, or faded, it’s time to swap them out with a new set. You may not realize it, but new night clothes can have the effect of making you feel better about yourself. Experiencing hot flashes and night sweats?

10 Add Little Touches

Streamlining your bedroom environment doesn’t have to mean creating a stark room devoid of personality. Incorporating little touches like fresh flowers or a special photo on the bedside are what make the room a personal and special space to be in. Just don’t overdo it or you’ll have to go back to tip #2 – declutter!

Remember, you don’t have to implement all of these suggestions and definitely not all at once. Try tackling one item a week. Incremental progress can be just as rewarding as the final result. Celebrate your accomplishments week by week.


Who pays the fees in a home sale?

Source: https://condos.ca/blog/posts/who-pays-the-fees-in-a-home-sale
Short answer? Buyers don’t generally pay for an agent’s services. The seller pays the real estate commission, which is split between the buyer’s agent and the seller’s agent.

Here’s the long answer…

The seller pays the commission. In the Toronto and GTA market, the typical real estate commission is 5% of the selling price, half of which goes to each agent. (There are other models including fixed fees or a combination of fixed and percentage, but the percentage-type commission is the most common.)

However, there’s no hard and fast rule that it has to be 5%. Individual brokerages and agents may set lower percentages or open themselves up to negotiation. What an agent charges may also depend on what services they provide and on their level of experience/expertise.

But here’s one key thing to remember (especially when you’re tallying up what 2.5% of $1.5 million adds up to): real estate agents work on a 100% commission basis. In other words, they only get paid when a sale happens, whether they represent the buyer or the seller.

An agent’s commission is their only income. They don’t get salaries or hourly rates. And everything they do comes out of that commission. Things like paying for beautiful listing photos and virtual tours. Going to 10, 15 or even 20 showings with a single buyer. Knowing exactly what’s going on in the market day-to-day so they can determine the right price for a seller’s property – or keep a buyer from overpaying in a bidding war. Coming up with marketing plans. Coaching first-timers through the process. Connecting clients with reliable lawyers, mortgage brokers and other professionals. And a whole lot more.


The Benefits of Virtual Staging for Real Estate Agents

Written By: Hannah Derby
Virtually Staged Room

In the digital world we live today, almost all activity is connected to the Internet. We pay our bills on the Internet, we sell and buy products on the Internet, and when we want to find out any information about anything, the first place we come to is the Internet. In the real estate industry, the Internet has facilitated the flow of work to a great extent as satisfying the potential buyer has never been easier.

Searching for the ideal future home is just a click away and visualizing it before even seeing it on the spot has helped the potential buyer make decisions based on what they see and get as information. Very often, the buyers have already made half the decision whether they are going to buy the house once they have seen the listing on the internet, so checking it out in person can just solidify the decision. All of this is possible because of a technique that the realtors use nowadays: the virtual staging of the house.

Some people see virtual staging as deception, but this is completely untrue because with virtual staging you do not deceive the buyer, instead, you show them all the possibilities of what they can do with a vacant space. Not only can virtual staging offer a very realistic view of the future home, but it also is very impactful and convenient. Here’s how.

Virtual Staging Offers a Preview of the Home

Offering an opportunity for the buyer to visualize what the future home would look like is something that can close the deal from the very beginning. The approach is very effective as they get the chance to see the different possibilities their future home has, for instance, the design, the style and the decorative details that will enhance the visual appeal of the place. Virtual staging transforms the vacant space into a welcoming and warm home, fully digitally furnished in the design according to the preferences of the buyers. However, buyers are aware that the place they are looking in the photo is only digitally furnished and that the place is selling vacant. They just have a glimpse at the possibilities and if they can imagine living in such an environment and all the other conditions then they will probably consider buying the place.

Virtual Staging is Cost-Efficient

The virtual staging service is very cost-efficient. You don’t waste time, energy and money to have the place staged in a traditional way. You just provide the photos of the vacant rooms to a virtual staging agency that will do all the work in a day or two. You can even choose the design and decorative details that you want to be put into the rooms form a digital library that the agency has. Usually, the price for one virtually staged room is about 95% cheaper than the actual staging.

Virtual Staging is a Way to Declutter Space and Redecorate

Sometimes the house that is selling is stuffed with lots of clutter. The best way to declutter the space and show it to the potential buyers is by using virtual staging. With this technique, you can remove and redesign the interior according to the preferences of your target audience.  Instead of a not so welcoming image, you can offer a neat space with stylish design and decorative accents.

The Bottom Line

Virtual staging provides a vision of the potential of the space. And the fact that buyers go online to search for their dream house tells you how important the first impression is that the virtual stages can create.


Is Condo Living Right For You? 10 Reasons Why We Think Yes

Written By: Jordon Scrinko
Source: https://precondo.ca/is-condo-living-right-for-you/

 

The condo living is accompanied by a plethora of attractive amenities on offer.

They are generally closer to the cities hubbub as well as stores, dining and entertainment. So, what exactly are the perks of condo living?

Here’s a list of reasons why we think the condo life is for you.

 

1. No more extra maintenance work

This could easily be the best thing about condo life — the freedom from doing all the extra maintenance work.

Shoveling snow, mowing the lawn or repair work are things that require lots of time, energy and ability as well as some sort of desire that you may not have for now.

No worries at all. Your monthly condo fees will cover all these services.

You won’t have to worry about the regular maintenance checks either. All these necessities will be taken care of.

2. The major expenses are shared by homeowners

Legally a small amount of money, from the condo fees goes into a reserve fund.

If you’re living in a well-managed condo property, most of the major repair work like roofing, replacing windows or doors are covered under this reserve.

In case the fund is falling short you don’t have to bear any expenses alone.

The cost of any work will be divided amongst owners after a careful assessment of the situation.

This is one of the best perks of condo living.

3. Condos give you a better lifestyle

B-20: Restrictions and RegulationsCondos definitely give a better lifestyle to anyone who doesn’t mind the small space.

The units may be one or two-bedroom, but with common areas, amazing amenities and recreational rooms more than makeup for it.

This even allows you to own your own space instead of renting with much lesser overall cost than traditional housing.

The condo provides a lot of different facilities that can cater to all age groups.

Some condo developments even have specific groups targeted to cater like young professionals, families or older adults.  The high tech modern interiors of some condo developments are also a huge plus point.

4. Amenities and facilities that are world class

Condos and apartments both offer the basic amenities like a gym or play area, but condos have a one up because some developments have not only swimming pools but also movie theaters and party rooms for their residents. (3)

These amenities and facilities are some of the best, without you having to worry about the maintenance.

Living at a luxurious place will provide you with all the amenities that one needs.

5. Live in a prime location near the core of the city

Wanting to live in the best neighborhoods and the heart of your city can prove to be a very costly task. Condos allow you to live in some of your cities hottest places without having to break your bank in the process.

Because of this everything becomes nearer and much more accessible to you and your family. Some condo developments are located in prime hotspots, and it can be a great luxury for anyone who wants to live right where the cities action takes place.

If it feels like you’re losing on space and the condo fees are high, remember that all of it is easily made up by quick access to dining, entertainment, shopping and transport.

6. Freedom to customize your space as you like

The freedom to be able to renovate your space is amazing.

Unlike living in apartments or rented out spaces you can do whatever you want with your house.

Paint the walls, renovate the kitchen or a room, build something in, hang pictures and tapestry, all of this, without any problem at all.

Many condo owners get amazing space-saving interiors done that not only look superb but are functional as well.

You can watch this video below to learn more tips on how to save space on your condo unit

7. Safety and security are assured

A young professional working long hours or a frequent traveler will obviously have questions regarding the security.

Most marketers point out that condos are much safer than a standalone house or a rented space. Living in a condo, you have absolutely nothing to worry about.

Most of the developments have state of the art security cameras installed.

Some developments offer separate doors and a doorman too.

With so many neighbors in the building, it’s hard to feel unsafe in a condo unit.

8. Provides a community environment

The condo living doesn’t fail to offer the one thing humans need the most, a community environment. Live a meaningful life and dwell with your neighbors and people around.

It is easy to make friends as everyone uses shared amenities. Engaging with people and enjoy a socially happy and active life.

Since the costs of many things are shared by the condo owners, it is likely that the same people might also form a close-knit community of friends and helpful neighbors.

Most condos today also have a social media group for easier communication among residents who can plan gatherings, share concerns and more.

9. Convenience over extra space

The convenience to travel more, to have smaller easily flexible spaces, to have more time to yourself all this sound super nice doesn’t it? Most of it can be achieved through the condo life.

Imagine having the best amenities some footsteps away from your door. Imagine having a space that doesn’t take too long to clean nor costs a fortune to maintain.

Condo living is a convenience at its best and if a little space is a price we have to pay, so be it.

A lot of condo developments offer storage spaces too for all those once a year hobbies you might have.

10. Price and costs of living

Depending on your location, there is a huge possibility that a condo is much cheaper for you than a freehold home.

Mortgage of the house along with the excess maintenance bills living in a condo will feel much financially bearable.

Its much cheaper than buying a house but it also depends upon the size and locality of the complex.

The property values of a neighbourhood surely affect condo prices.


Why Condo Living is The Best

This list alone should have convinced you for the condo life. However, opting for a condo is a no brainer. It is obviously a great choice if you’re downsizing or you simply travel a lot.

Kids grow and leave home, managing a larger property becomes hard, your job keeps you traveling, you like to travel, you want a simpler lifestyle, budgeting is becoming extremely stressful there are a million reasons why someone would look into the condominium market.

And honestly, it will be the best decision you make. Convenience and peace of mind should be more important than some extra space.  Your monthly condo fees and the shared building costs make it very easy to follow a budget every month.

Moreover, a smaller space also means the chance to simplify your condo life.