Check out this new cute little 1.5 Storey listing in Sunnyside Calgary.
MLS# A2140200
List Price $575,000
Check out all photos and details here: https://www.tswrealestategroup.com/for-sale/817-4-avenue-nw–92035842
Sneak Peek
Check out this new cute little 1.5 Storey listing in Sunnyside Calgary.
MLS# A2140200
List Price $575,000
Check out all photos and details here: https://www.tswrealestategroup.com/for-sale/817-4-avenue-nw–92035842
Sneak Peek
Selling your home is a significant step, and making a great first impression is key to attracting potential buyers. By preparing your home properly, you can increase its appeal and potentially secure a faster sale at the best possible price. As a seasoned Realtor in Calgary, Alberta, I’m here to guide you through the process of getting your home ready to shine. Let’s dive into some essential tips for preparing your home for a successful sale:
1. Start with a Fresh Perspective: Take a step back and look at your home through the eyes of a potential buyer. Notice areas that could use improvement and address them proactively.
2. Declutter and Depersonalize: Remove excess items and personal touches. A clutter-free and neutral space allows buyers to envision themselves living in the home.
3. Deep Clean Every Nook and Cranny: A sparkling clean home sends a strong message to buyers. Clean carpets, windows, appliances, and all surfaces thoroughly.
4. Enhance Curb Appeal: The exterior is the first thing buyers see. Trim bushes, mow the lawn, repaint the front door, and add potted plants to create an inviting entrance.
5. Tackle Repairs and Maintenance: Fix leaky faucets, squeaky doors, and any other minor issues. Addressing these repairs shows that your home has been well-maintained.
6. Neutralize and Paint: Consider painting rooms with neutral colors. This helps buyers visualize their belongings in the space and gives a fresh, clean look.
7. Stage for Success: Staging can transform your home, making it more appealing and helping buyers imagine its full potential. Arrange furniture to showcase the room’s function and create a warm atmosphere.
8. Maximize Natural Light: Open blinds and curtains to let in natural light. Well-lit spaces appear larger and more welcoming.
9. Minimize Odors: Unpleasant odors can be a turnoff for buyers. Use air fresheners, bake cookies before showings, and keep pet areas clean and odor-free.
10. Highlight Key Features: If your home has standout features like a fireplace, vaulted ceilings, or a stunning view, make sure these are showcased prominently during showings.
11. Organize Storage Spaces: Buyers will open closets and cupboards, so ensure these spaces are tidy and well-organized to give the impression of ample storage.
12. Consider Professional Photography: High-quality photos are essential for online listings. Consider hiring a professional photographer to capture your home’s best angles.
13. Gather Documents: Compile important documents related to your home, such as warranties, manuals, and utility bills. Buyers appreciate having this information readily available.
14. Be Flexible with Showings: Try to accommodate potential buyers’ schedules as much as possible. The more flexible you are, the easier it will be for interested parties to view your home.
15. Consult a Realtor: Enlist the help of a skilled Realtor like myself who knows the local market. A Realtor can provide valuable insights, pricing guidance, and marketing strategies.
By following these steps, you’ll be well on your way to preparing your home for a successful sale. Remember that first impressions matter, and investing time and effort into presenting your home in the best possible light can significantly impact its appeal to potential buyers. If you’re ready to take the next step, don’t hesitate to reach out to me for personalized guidance and support throughout the selling process. Together, we’ll work towards a smooth and lucrative sale in Calgary’s dynamic real estate market.
Just Listed: MLS A2042066
Video: https://www.dropbox.com/sh/u3e3h02flifyu91/AADkdMQbU98KGGCxTFK4CJyUa?dl=0
Full Brochure: https://www.tswrealestategroup.com/for-sale/157-aspen-glen-place-sw–81604885
What is really happening in the Calgary Real Estate Market?
The market is simply a result of Supply and Demand therefore we look at both Supply (inventory) and Demand (Sales) and the relationship between the two. We also update you on the current benchmark price for all housing sectors.
Following is a graph that shows the months of inventory for each housing sector. Looking at a 2-year trendline gives you and indication of where things are really heading.
Following is a summary of what I deem to be the most important numbers. Again, we look at Total Inventory, Sales for the past 30 days, Months of Inventory and of course the benchmark price. All numbers are taken from the Calgary Real Estate boards monthly stats package.
Gord’s commentary for the month (just my opinion).
Listing inventory decreased by 27% in all Sectors combined while sales also decreased but by only 16.5% from November lowering our months of Inventory and putting Detached and Semi-Detached homes into a seller’s market position.
Covid: Even though we are in a similar lockdown situation as we were in March there does not seem to be the same result in the market falling. I believe that the public is now aware of the many protocols Realtor’s have put in place to keep both Buyers and Sellers safe. On top of that I believe people are seeing that there is a light at the end of the tunnel with the recent Vaccine announcements.
Calgary Listing Inventory
Listing inventory decreased by 27% in all Sectors combined which is a normal trend for this time of year. How many people really want their home listed during the holiday season. by which is 100% normal for the Holiday Season.
Calgary Sales:
Sales in all sectors dropped in December compared to November – again 100 % normal for December as peoples focus turns on Christmas and away from Real Estate. It is worth noting that compared to last December sales are up by over 40%.
Sales Compared to 2019:
It is critical to note that in all my other numbers I look at month over month. This chart below shows us the numbers this year compared to last year. Although December sales slowed, we were still 343 sales higher than last year or 40.7% higher.
Jan | Feb | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec | |
2019 | 801 | 973 | 1327 | 1544 | 1915 | 1775 | 1642 | 1580 | 1365 | 1438 | 1146 | 858 |
2020 | 861 | 1195 | 1175 | 573 | 1080 | 1747 | 1835 | 80 | 1702 | 1764 | 1437 | 1199 |
Change | +60 | +222 | -152 | -971 | -835 | -28 | +194 | -7 | 337 | +326 | +327 | +343 |
% change | +7.49 | +22.8 | -11.4 | -62.8 | -45.5 | -1.6 | +11.82% | N/A | 24.87% | +22.67% | +25.4% | =40.7 |
Calgary Year to Date Sales
2019: 16,344 Sales
2020: 16,152 Sales
Therefore, at the end of the Year sales are down only 1.17% from 2019.
Calgary Real Estate Benchmark Sales Prices:
All sectors decreased slightly from last month. Decreases were from $1,300 to $1,800 so very marginal.
Calgary Real Estate Sales Prices Year to Date: 2020
Detached homes increased by $10,400
Semi-Detached homes decreased by $800
Attached Row houses decreased by $2,500
Apartment Condos decreased by $4,800
Current Months of Inventory (Absorption Rate):
The months of Inventory decreased in all Sectors. December saw a large decrease in listings and saw a small decrease in sales. We are moving into Sellers Market territory in the Detached and Semi-Detached sectors. Attached Row and Apartment Condo are still in strong Buyers Market Conditions.
It is also important to note that these numbers vary by community, and by price range. If you would like numbers for your community contact us.
One of the most frequent questions I get as a Realtor is “Should I buy first or should I sell first? Unfortunately there is no correct answer as it will really depend on your circumstances. As I cannot simply answer the question for you here I will highlight 3 critical things you may want to consider to help you make your decision.
First is your finances, can you qualify for a mortgage on a second home? Even if you can qualify for a second mortgage is this something you want to carry? A catch 22 here is if you want to use the equity out of your current home to buy the new home then financing becomes a challenge as banks will want to sign you up for a full term mortgage. There are other option and this is where you need to speak to a mortgage professional. Often once clients look at their finances the choice to sell first becomes very clear.
Your second consideration is what is happening in the market?
Your third consideration is, how much stress are willing to handle? In my years of experience there is typically a lot less stress on clients when the sell first and then buy. You may ask what sort of things might cause stress. Here are just a few:
Having 2 mortgage payments
When I have clients asking this question, I first ask them to consider their finances, the market and how much stress they want to manage. If this does not make them 100% clear on their choice here is what we do next.
Knowing the state of the market I will be able to give them a clear picture of what the market is like and how challenging the sale might be. The other variable is how challenging will it be to find their new home. I will then spend some time probing on the buying side. Once I get clarity on the specific must haves and like to have in their new home then I can complete a search to determine if there is 1 home that meets their criteria of if there is 100 homes that meet their criteria. If there are many homes available then I might suggest selling first and if they are looking for something very unique that may be hard to find then for them buying first may be the best strategy.
As there is no answer that is correct for everyone it is important to know whatever choice you make we have several proven strategies to ensure your transaction goes smoothly and stress free. If you would like a free no obligation consultations simply contact us.
At TSW Real Estate Group we take our business seriously and understand that the more education we have the better we are able to Serve our Clients. We are happy to announce that all Agents with TSW Real Estate Group have now received the following 2 new Designations.
This adds to our list of current Designations:
Let’s face it. Planning events, even exciting ones like an overseas vacation, can be stressful. So, it’s not surprising that some homeowners — even those thrilled about moving — can slip into “worry mode” when putting their property up for sale. Unfortunately, this anxiety can make the process of selling an unpleasant experience. Who wants that? So here are some things you can do to reduce selling stress and enjoy the adventure.
• Understand the selling process. The more you know about the steps involved in selling your home, the less mysterious — and, therefore, less stressful — it will be.
• Give yourself the time you need. Feeling rushed and stressed comes from trying to do too much in too little time. Even if you’re selling quickly, it’s important to block off sufficient time in your calendar for the things you need to do.
• Take care of yourself. As television psychologist Dr. Phil often points out, you can’t give what you don’t have. When it comes to selling your home, that means you need to eat well and stay healthy, so you have the energy you need throughout the process.
• Make your home attractive to buyers. That not only means tidying up and doing a little home staging, it also means setting the right listing price. Nothing eliminates the stress of selling more than having flocks of qualified buyers interested in your home.
• Get the help you need. You don’t have to do everything on your own. That’s why working with us is so advantageous. We take care of the many details for our clients so that they can enjoy the journey. Sure, there are going to be a few stressful moments. However, the process of listing and selling your property, while looking for your next dream home, can be an exciting experience. Let me help you. Contact us Today.
If you have a home that is overdue for a renovation, you might be worried that it will be difficult to sell as a “fixer-upper”. In fact, you might delay listing your property for that reason. The good news is, you don’t need to fix up everything in your home to prepare it for sale. You can be selective and choose only those projects that are most likely to help your home show well and sell quickly. Here are some projects to consider:
• Repairs. Few things stand out more during a viewing than something in obvious need of repair. That includes minor issues, like a dripping bathroom faucet, as well as major concerns, such as the central air conditioning unit not working. Get these repairs done.
• Painting. Painting is one of the easiest and most affordable DIY projects you can do. Yet the impact it can have on your home is stunning. Some rooms are completely transformed by a fresh coat of paint.
• Kitchens & Bathrooms. Buyers love to see great looking kitchens and bathrooms. In fact, there are even magazines devoted just to those rooms! You don’t necessarily need to do a major renovation of these spaces, but a makeover can be a good idea. Consider replacing sinks, countertops, and/or cabinet hardware.
• Floors. If the floors in any of your rooms have become worn and unsightly, look at options for refreshing them. Consider replacing carpeting, refinishing hardwood, and/or getting tiles professionally cleaned and polished.
• Outdoors. Sometimes you can compensate (a little) for a less-than-ideal interior by sprucing up the outdoor space. Explore ways to improve your deck or patio, walkways, and landscaping. Even if your home is older, you can make it more attractive to buyers with any one of these projects. Want more ideas for finding eager buyers for your home? We offer a free – no obligation home walk through where we will make suggestion on minor improvements you can do to sell your home for the most money in the least amount of time. Free walk through
What’s really happening in the Calgary Real Estate Market? The market is simply a result of Supply and Demand therefore we look at both Supply (inventory) and Demand (Sales) and the relationship between the two. We also update you on the current benchmark price for all housing sectors.
Following is a graph that shows the months of inventory for each Sector. Looking at a 2-year trendline gives you and indication of where things are really heading.
Following is a summary of what I deem to be the most important numbers. Again, we look at Total Inventory, Sales for the past 30 days, Months of Inventory and of course the benchmark price. All numbers are taken from the Calgary Real Estate boards monthly stats package.
Gord’s commentary for the month (just my opinion).
Current Months of Inventory (Absorption Rate):
In February our absorption rate dropped quite substantially. If you look at the graph above Last year (2019) after Jan the absorption rate dropped slowly every month till June. February dropped significantly is down to the equivalent to May last year. The highest decrease was in Detached homes which are now in a balanced market at 3.85 months of Inventory.
Calgary Listing Inventory
Inventory increased in every sector in February. The largest increase was in Attached Row Homes at 10.28%. Inventory increasing at this time of year is expected. Total Increase was 8.7%.
Calgary Sales:
Sales in all sectors increased substantially in February. Lowest % increase was 32.5% of detached homes and the highest increase was Semi-Detached at 65.88%. Total Sales increase was 38.7%
Obviously, the sales increase is much larger than the inventory increases thus the months of inventory decrease.
Sales Compared to 2019:
Sales in all sectors for January 2020 were 7.6% higher than in January 2019.
Sales in all sectors for February 2020 were 23% higher than in February 2019.
Calgary Real Estate Sales Prices:
Prices in all sectors declined a little this month. The lowest decrease was in the Detached home sector at a decrease of .1% and the largest decline was in the Attached-Row Sector with a decrease of .67%
It’s also important to note that these numbers vary by community, and also by price range. If you would like numbers for your community contact us.