Selling your home is a lot of things: exciting, stressful, rewarding and a lot of hard work. Getting your home ready for sale is something that all sellers need to be prepared for and every house has a different level of intensity in this endeavour. You want your home to be absolutely stunning to wow potential buyers as well as get your desired sale price. Home improvements can be a great way to achieve this but sellers beware, there are many pitfalls when it comes to these renovations for your soon-to-be sold home. If you’re not careful, you may find you cost yourself more on improvements than adding value to your home. Here are 6 home improvements you’ll probably want to avoid when preparing your home for sale.
A Losing Strategy: How To Win In Toronto's Real Estate Market
Competition has been a defining trend in Toronto’s real estate market for decades now. The supply is never enough for the constant demand for housing. As we’ve mentioned many times before, this has driven the prices in Toronto sky high forcing even fiercer competition and regular bidding wars on many properties. With so many buyers vying for their new home, it’s common to lose on offer night. An occurrence that often repeats for many buyers. How is it possible to stay positive in such a fierce and competitive market?
Cohousing Spotlight: Prairie Sky, Calgary's Only Cohousing Community
Located in the neighbourhood of Winston Heights lies Prairie Sky is Calgary’s only cohousing community. The community was originally built in 2003 and houses 18 different units. The residents of Prairie Sky proudly base their principles and community foundation in respect, sustainability and commitment.
Why Cohousing Is Great For Children
Cohousing is a fantastic opportunity for young families to grow and live in a beautiful close-knit community. For children, it can be a fantastic place to make easy friends and develop their social skills as they age. There’s plenty of benefits for kids and young families in cohousing that we’ve come up with today.
SOLD Family-Style Compound: A Co-Ownership Dream, 16 Twenty Fourth St
Why Is The Toronto Real Estate Market So Hot?
Despite a global pandemic and enduring the second wave, Toronto’s real estate market is as competitive and hot as ever. Rents are hitting a huge low as an unprecedented exodus from the city begins as remote working becomes the norm. With the many industries suffering through these changes, why is the real estate market still so crazy?
It Now Takes 24 Years To Save Up For A Down Payment In Toronto
Home buyers in Toronto better be prepared as prices continue to surge. The Toronto Real Estate Board expects home prices to rise by 10% this year, leading to the average home price to surpass $1 million by the end of 2021. As with a higher price, the down payment required to purchase a home will climb even higher, leaving many unable to enter the market. Affordability issues aren't anything new to Toronto but it’s important to look at the gravity of the situation.
Laneways In Toronto Are A Success: Three Local Case Studies To Celebrate
Co-Ownership Case Study: A Different Arrangement
The co-ownership movement is small but, as we’ve covered, it is gaining momentum. GoCo has worked with numerous groups and clients who have embraced a new means of house ownership and helped facilitate their own intentional communities. But GoCo didn’t invent co-ownership in housing. Before Lesli and her team were tirelessly working with groups around the GTA, co-ownership and cohousing arrangements were already being done. Today we wanted to talk about a lovely woman we interviewed who embraced a new model of housing ownership. Julia* told us her story of how she embraced a new way of home ownership in Toronto.
Hi-Lo Hybrid: A Creative Solution In Toronto's Real Estate Market
It’s January of the new year. While there are many things to be optimistic and hopeful about, from a real estate perspective, January is a tough month. Things are slow, supply is even more scarce and things can seem helpless. But that’s just January. Coupled with the state of the market in Toronto, things can seem bad but don’t fret too much. Plenty of good things are on the way.
Safety Is Still Our Number One Priority In The New Year
Welcome to 2021! A new year with a plethora of opportunities waiting! Time to start fresh and leave the challenges of 2020 behind, right? Well, yes and no. As we welcome in the new year, it may be tempting to pretend like 2020 never happened. Unfortunately, just because it is a new year does not mean we can slip in our vigilance when it comes to our safety and the safety of others. Real estate is no different. We must continue to put safety as our top priority even when buying and selling houses.
4 Reasons Coliving Can Make The Holidays Better
This week in celebration of the holidays, we decided to have a look at how co-living could benefit you during this season. This year has been particularly difficult as we head into our second lockdown in Ontario, making seeing and visiting family difficult and in many cases, impossible. However, in a co-ownership and coliving situation, the holidays need not be a damper on the festivities. Here are 4 reasons why coliving can make the holiday season even more festive.
A Turning Of The Tides: Why Multigenerational Living Should Make A Comeback
We’ve talked before about the crux and social stigma that surrounds our households before in our previous articles about the nuclear family and isolation. Today we wanted to dive deeper into the social stigma that surrounds multigenerational living, particularly the attitudes towards living with your parents when you are single and why living in a multigenerational household needs to make a big comeback as our cultural landscape changes.
Market Spotlight: The Most Competitive Real Estate Markets in Ontario
December 2020 marks the closing of an unprecedented and unpredictable year. Despite the global pandemic, competition for residential real estate is still as heated as ever in Toronto and the wider Ontario markets. Today we decided to have a look at Ontario’s different real estate markets and see how 2020 fared amidst a tumultuous and challenging year.
SOLD Plant Your Roots In This Wonderful Family Home, 69 Cliffcrest Dr
Plant your roots and settle into this charming Bluffs home. This multi-split home offers, an incredibly lush and majestic ravine lot, 4 bedrooms, multiple home office opportunities, gas burning fireplace, massive crawl space for storage, coziest lower level walkout studio/rec space and an attached garage. Don’t wait to experience the magic this very special home exudes.
Laneway Houses Are Coming To Toronto
A new rental trend may be emerging in Toronto. Laneway housing, also known as garden suites, are beginning to make an appearance in the neighbourhoods of Toronto. Since 2018, when Toronto went ahead and approved the by-laws for laneway housing, development began on new suites.
A Shift In Real Estate? Is Commercial The New Residential?
We are experiencing a transitional time not just in real estate and the workplace but in a broader cultural paradigm. A metamorphosis of sorts. It’s hard to predict what our landscape will look like at the end of all this as it is unlikely to go back to what we perceived as normal. As we look to the future, we can only speculate what the new normal will be.
SOLD Custom Built Perfect For A Cozy Winter, 201 Waverley Rd
SOLD Chic & Spacious Condo at the HEART of Downtown, 111 Elizabeth St #1139
Co-Ownership Case Study: The Golden Girls of Port Perry
Perhaps one of the most famous groups in the world of co-ownership, the ‘Golden Girls’ of Port Perry are now considered the face of co-ownership in Ontario. As Ontario’s government pushes for alternative housing ideas to combat the housing crisis across the province, these four seniors came together and took advantage.