In this article for Freshhome magazine, Shelly Little explains how Millennials, the generation born between 1980 and the early 2000’s, are redefining home design. According to her research, Millennials value money and success, individuality and urbanized environments. And, they want this outlook reflected in their homes. They want small designs that are unique and functional so they are willing to buy fixer-uppers or engage in DIY projects. They also desire technological innovations and smart automation. These attitudes are causing a major shift in the way homes are being designed and built. To read more click here.
Read More
Monthly Archives December 2015
Buying Near Parks and Recreational Facilities
According to RealtorMag, twenty-three percent of recent buyers indicated that convenience to parks or recreational facilities influenced their choice of neighborhoods. Proximity to parks and recreational facilities was the most important to recent buyers aged 34 and younger, and to those aged 35 to 49. Here are some reasons to believe those numbers will rise. Public Health Concerns The alarming increase in obesity, especially among children, has focused attention on how important physical activity is to our overall wellbeing. Governments at all levels are promoting the benefits of active living and we have become more receptive to
Read More
Green Renovations — Basements
Virtually all homeowners will find something of use in this detailed and practical fact sheet from Central Mortgage and Housing Corp (CMHC). If you’re planning a basement renovation, it’s a must read, filled with time, energy and money saving tips, features and advice on how to green any project, from extensive, expensive renos to slower, more affordable and incremental upgrades. The guide explains nine site factors to consider during the planning stage (structural conditions, air quality and circulation, moisture and water problems, mold, lead, asbestos and soil gases) as well as steps to remediate, when necessary, or incorporate corrective
Read More
Emotional Homebuyers Can Lose Out On The Best Deals
When we really like a property, we can overlook or downplay its negative aspects. This homeownership.ca post advises us to approach purchasing a home as a business decision and to remove emotion from the decision. Before viewing any properties, contact a financial adviser to set your budget, a mortgage broker to get pre-approval for that amount and a real estate agent familiar with the area(s) you like. Call and introduce yourself to 3 professional home inspectors – one should be available when you’re ready to bid, so you avoid stressful delays, and any temptation to skip
Read More
6 Sneaky Ways to Make Your Home Look Expensive
If you want to convert your home’s look from average to exceptional, this Realtor.com post by Jamie Weibe tells you how. Remove mismatched decor items, store toys/magazines and organize your things to fix a cluttered appearance. Clean and re-grout tile to make it look new. Use traditional, neutral tones to freshen paint in areas that need it. Upgrading hardware, faucets or countertops are all relatively inexpensive ways to give kitchens and bathrooms a more luxurious appearance. Adding or rearranging lighting can create an illusion of space and separate rooms. To read more click here.
Read More
Underwriting insights! What Every Homebuyer Should Know Before Applying for a Mortgage
This homeownership.ca post tells why an understanding of underwriting is a key advantage for home buyers seeking a mortgage. Work with a mortgage professional to get pre-approved for a mortgage so you know your price range and can make an offer instantly. The pre-approval process determines the size of mortgage and type of home you can afford. You will need to assemble your credit report and other documentation (financial and employment history, creditworthiness, income) the lender or mortgage insurer needs to process the application. The documentation required varies depending on individual circumstances. For example, self-employed applicants should be prepared
Read More
Create a beautiful bathroom for the ages
As people age, reduced mobility, impaired balance, failing vision and muscle weakness make them more susceptible to injuries in their home, and bathrooms are no exception. This Consumer Reports article tells how the latest design trends are helping owners upgrade their bathrooms with changes that enhance safety while retaining their beauty and avoiding an institutional look. In addition, subtle name changes have made useful improvements like shower rails (formerly called grab bars) and higher-seated toilets (“comfort height”) more acceptable. By widening the bathroom doorway, removing the raised sill and replacing knobs with easier-to-open handles you improve access. Installing slip-resistant tile
Read More
Why Cleaning Window Screens Should Be Part of Your Winter Strategy
Should removing and cleaning the window screens be part of your winter maintenance routine? According to this houzz.com post, there are several benefits to be gained. Simply put, dirty mesh blocks light, heat and the view. For example, you get 30 to 40 percent more light coming in without screens on the windows. More sunshine means you need less artificial light and can save on energy costs. In addition, removing the screens increases the solar energy getting through to the windows. Improved solar heat gain reduces the need for mechanical heating saving on heating bills. Also, during a storm, snow
Read More
Ottawa Real Estate Update: November 2015
Mild weather and post-election enthusiasm spurs on home buyers! Statistics are useful in establishing trends but should not be used as an indicator of an increase or decrease in value of specific properties. If you are curious about the value of your home and/or specific neighbourhood statistics we would love to help. Contact us. Information below provided by the Ottawa Real Estate Board December 3rd, 2015 Members of the Ottawa Real Estate Board sold 990 residential properties in November through the Board’s Multiple Listing Service® System, compared with 891 in November 2014, an increase of
Read More
Not Only Millennials Want Walkable Communities
A walkable community is well-planned, compact and designed for people to walk to work, school, parks restaurants and activities as a form of everyday transportation. According to a National Association of Realtors survey, more and more buyers want to live in walkable communities. The study found that fully 12% more Millennials, the generation born between the mid 1980′s and early 2000′s, would rather walk to their destination than drive. But, fitness enthusiasts and eco-friendly individuals also desire walkable neighbourhoods. Aging In Place Older Canadians want neighbourhoods that better fit their changing requirements. As baby boomers enter their retirement years,
Read More