3 Financial Questions to Ask Before Selling Your Home

Before you sell your home, you need to understand the finances involved in the process. This will help ensure you have a smooth transaction and set you up for success with your next home purchase. Here are the three most important questions to ask yourself before you get started:

What are the current market conditions?

As a general rule of thumb, the best time to sell is when listing inventory is low. More buyers vying for fewer houses means you’ll likely get a better deal for your home. When listing inventory is high, buyers have more options and you may need to price your home more competitively to get offers.

How much can I reasonably expect to get for my home?

Depending on the current market, the condition of your home, and how much homes similar to yours sold for recently, I can create a comparative market analysis that will give you a good idea of how much you could expect to get for your home.

How much do I owe on my home?

If you owe more on your home than it’s worth, it may not be a great time to sell. However, if you’ve built up a good amount of equity on your home, you could be looking at receiving a large check for selling your home. Take the amount you expect to get for selling and subtract how much you still owe to get a basic idea of how much you could walk away from the closing table with.

Figuring out if it’s the right time to buy or sell a home can be tricky. If you have questions or would like help figuring out when the right time to move is for your family, let me know. I’ll be glad to help!

(SOLD) 260 Scarlett Rd, Toronto, Ontario

CLICK HERE to contact, or Call 416-453-7673 Ask For Rose Kutzko for more info

 

260 Scarlett Rd #504

Price: $679,900.00
MLS# W4573458
Bathrooms: 2
Bedrooms: 3
Square Footage: 1200-1399
Virtual Tour: Click here for virtual tour

Welcome to Lambton Square!

This professionally renovated oasis features 3 beds, 2 baths, gourmet kitchen with granite counters, stainless steel appliances & Austrian engineered hardwood throughout. Entertain friends and family in the spacious sunken living room with pot lights or outside on your private oversized balcony. Tons of natural light & storage, ensuite laundry with sink, cedar-planked closet in 2nd bedroom. Electrical has been updated to breakers.

Surrounded by beautifully manicured green space, Humber River, James Gardens, private & public golf courses, walking/biking trails, steps to transit, 1 bus to subway, close to major highway & Airport.

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(SOLD) 260 Scarlett Rd, Toronto, Ontario

CLICK HERE to contact, or Call 416-453-7673 Ask For Rose Kutzko for more info

 

260 Scarlett Rd #1204

Price: $574,900.00
MLS# W4611003
Bathrooms: 2
Bedrooms: 2 + 1
Square Footage: 1200-1399
Virtual Tour: Click here for virtual tour

Welcome to Lambton Square!

2 + 1 bedrooms, 2 bathrooms, corner suite with CN Tower views! Easily convert the den into a third bedroom. Eat-in kitchen, separate dining room, spacious sunken living room with walk-out to private oversized balcony. Floor to ceiling window in master bedroom, gleaming refinished parquet in bedrooms, tons of natural light, freshly painted thruout, ensuite laundry, parking space by entry & locker.

Surrounded by beautifully manicured green space, Humber River, James Gardens, private & public golf courses, walking/biking trails, steps to transit, 1 stop to the subway, close to major highway & Airport.

Taxes: $1,904 / 2019

Maintenance Fees: $817.99 (Utilities All Inclusive) 

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(SOLD) 270 Scarlett Rd, Toronto, Ontario



CLICK HERE to contact, or Call 416-453-7673 Ask For Rose Kutzko for more info





270 Scarlett Rd #207

Price: $429,900.00
MLS# W4606990
Bathrooms: 1
Bedrooms: 1
Square Footage: 800-899
Virtual Tour: Click here for virtual tour





**Opportunity Knocks**Being Sold Under Power Of Sale**Desirable Layout**Oversized Balcony**1 Parking Space**1 Locker**Surrounded By Beautifully Manicured Green Space, Humber River, James Gardens, Golf Courses, Walking/Biking Trails, Steps To Transit, 1 Stop To Subway, Close To Major Hwys & Airport.






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Important Tips to Follow When Getting Your Home Ready for Sale

We reached out to our RE/MAX Influencers – a panel consisting of RE/MAX Sales Associates throughout Canada – to find out some tips and best practices that will help you get your home ready for sale.

Clean & De-clutter

Cleaning and de-cluttering is one of the most important things you can do when preparing to sell your home. Cleaning is fundamental when it comes to selling your home. You want to present your home in a way that is going to give potential buyers the best first impression and dirty house will be the first thing people notice. It doesn’t take much to give your house a good clean and it is an easy way to prep your home for sale. De-cluttering also plays a huge role in the overall impression people get when viewing a home, as a house with very minimal clutter opens up the opportunity for the viewer to picture themselves in the space. Being able to imagine themselves living in the space will automatically make your home feel much more inviting and welcoming.

One influencer stated, “Most buyers know within the first couple of minutes if it is the right house for them. First impressions are important, so de-cluttering and leaning is of the most importance,” Al Dredge, RE/MAX Real Estate, Edmonton, AB.

Staging

Staging is a great way to present your home to potential buyers as it allows them to see what can potentially be done in each room of the house. Staging ties in the de-cluttering aspect of prepping your home to sell, as you want to de-personalize your home as much as possible. Many people find it hard to imagine themselves living in a space when someone else’s family photos and personal items are visible. By de-personalizing and removing those items from sight, it creates more of a show home feel.

“Develop a show experience! Don’t just de-clutter and depersonalize, but deep clean, repair any known deficiencies and improve any known weaknesses. Proper pricing and marketing will position a property or a potential offer, but show experience is the determining factor in move-in-ready real estate,” says Taylor Hack, RE/MAX River City, Edmonton, AB.

Staging a home ca be as simple as putting a fresh coat of paint on the walls and rearranging your furniture, which makes it a great way to get your home ready for sale.

Get Professional Photos Taken

As good as the cameras are on smartphones these days, nothing can compare to the quality of professional photos. Your listing photos are the very first impression that potential buyers get of your home and having dark, grainy images is going to immediately deter interest. Professional photographers know how to manipulate light in a space to produce the best possible photo and can work with angles to give the best possible representation of your home through your listing images.

Frank Fairley of RE/MAX First Realty, Parksville, BC says, “the photos are going to be viewed over and over, so it is of primary importance to show well on both the outside and the inside. Use a pro photographer, don’t take photos yourself!”

Hiring a professional photographer is one of the best investments you can make when it comes to getting your home ready for sale and their images allow you to put your best foot forward and leave the best impression on potential home buyers.