Ian Leverington from Crown Mortgage was in the office the other day, and we had a chance to discuss mortgage rates, and some of the challenges buyers are facing in today's market.  Check it out!

Welcome to this remarkable two story home, situated on a quiet street in the family friendly neighbourhood of Sherwood Estates. The house boasts a very nice and open floor plan, with a large living room, dining area, kitchen with updated appliances and plenty of cabinets on the main floor. Upstairs contains three good sized bedrooms, and a 4pc bath. The basement is finished with a family room, and a laundry/storage area. The house is situated on a quiet street, and features an oversized and heated double detached garage, decks front and back, long driveway, and is fully fenced. Many updates in recent years, including siding, windows, paint, flooring, trim, doors, deck front and back, rigid insulation on exterior, and shingles. This home is ready to move in, just bring your furniture!

Your neighbourhood has a lot of features that can help sell your home faster. Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood.

For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate we measure the area’s “turnover rate”, and it’s handy data to have when listing your home.

Another bit of data that buyers can’t simply see is the local crime rate. But, most police departments keep those statistics. If your neighbourhood has a low crime rate, that’s an obvious plus to sellers.

Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids. Even local development plans can play a role in making your home more attractive to buyers. If a new ramp to a major highway is in the works nearby, getting to work is going to be easier. That’s a big benefit to commuters.

Other types of data that can help sell your home include:

• Planned local construction.

• Proposals for neighbourhood improvements. (For example, a new playground.)

• Rates at which local property values are increasing. Any information that shows the advantages of living in your area is going to be useful when selling.

By the way, this is the kind of information I put together to provide to prospective buyers when selling your home.

Contact us today!