Now is the time for homeowners interested in selling and looking for ways to catch the eyes of potential buyers to capitalize on above average market levels. If you're one of those people looking to sell and get the most value possible for your home, here are a few investment ideas worth considering before you put your property up for sale.
Recently I have had the pleasure to start working from the comfort of my home and while working in an office environment can be thrilling and stimulating, being able to stay in your pajamas and sweatpants with ketchup stains on them is much more exciting. However, creating a home office space in a small condo is no small task. Here's what the experience has taught me.
Many people are rushing into the housing market due to FOMO (Fear of missing out) and there could be some BIG consequences when interest rates go up. There is a good news bad news scenario to buying right now and everyone in the housing market needs to know what to expect. Before you rush in, here is the good and the bad to buying right now.
Last fall, a guy came knocking on my door. He had purchased the derelict house next door and wondered if I would sell my not-so-derelict house as well. I would be lying if I said I wasn't tempted. The housing market in Saskatoon isn't strong. A friend has had her house on the market for four months and hasn't had a single offer.
Call it what you want, the vestibule, mudroom, foyer, it's the first impression you have of a home and if you don't have a good organizational system setup that works for you and your family you will constantly be fighting a losing battle. Much like any other room that needs organizing there are many factors that come into play that will help determine what is going to work for you.
The Canada Mortgage and Housing Corporation recently stated that real estate markets in the top cities to live in Canada are currently overvalued. In October of 2015 their Housing Market Assessment listed Toronto, Vancouver, Montreal and Edmonton as examples of cities where buying a home can be very risky.
My only attempt at gardening was when I was living in the Prairies. I managed to keep alive a flowering plant one summer, and carefully washed it as instructed before bringing it indoors for the winter, only to have a scourge of flying aphids in the house! Evidently, gardening is not a core competency of mine.
On the surface it seems like a fabulous idea: Carve out a portion of your home, rent it out and use the rental income to pay your mortgage. You get to live basically "rent free" while at the same time reaping the tax benefits of writing off some of the costs associated with accommodating a rental apartment in your home.