Durham Region Real Estate News from Steven Murray May 2018   
  Real Estate News




Steven Murray
Broker, SRES

Coldwell Banker R.M.R.
10 Cassels Rd. West
Brooklin, Ontario
905-655-0840
www.StevenMurrayRealEstate.com


 
When you put your home on the market, it's important to take care of certain details to ensure buyers don't head out the door in disgust. This month's article offers six buyer turnoffs that you need to be aware of.

There are also some great ideas on how to save money at the pump as well as a few tips on how to seasonally transform your home with a fresh spring theme.

Thanks so much for checking out this month's newsletter. Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Steven

In this issue...
The Durham Region Real Estate Market Update 
Sales down from last year but up from last month.

Durham Region Association of REALTORS® (DRAR) President Dennis Roberts reported 930 residential transactions in April 2018, a 10 per cent increase from the same time in the previous month.

On a year-over-year basis, sales were down by 32 per cent and the average selling price was down by 12 per cent.

The average selling price in Durham reached $609,813 in April 2018. In comparison, the average selling price was $598,412 the previous month.

“Last year at this time the average selling prices were reaching a record peak.” Stated Roberts. “Market conditions should support moderate increases in home prices, which continues to be demonstrated by Durham’s month-over-month market changes.”

Durham Region continues to lead the GTA with the most affordable single-family detached homes, single-family attached, townhouses and apartments according to the MLS® Home Price Index.

“It is no surprise Durham continues to lead the GTA with the most affordable housing.” Said Roberts. “Durham Region has been ranked one of the Top 25 Best Cities to Buy Real Estate in 2018, according to a report released by MoneySense.”

MoneySense also released a report last month ranking the Top 25 Neighbourhoods to Buy Real Estate. Eleven Durham Region neighbourhoods made the list, with Bowmanville ranked as the top neighbourhood to buy. “Durham is a desirable, affordable area with ongoing transportation expansion and economic growth.” Stated Roberts.

Beware of Buyer Turn-offs 
Address these common turn-offs so buyers don’t run for the door!

When you put your home on the market, it must appeal to a large cross-section of buyers in order to generate a frenzy of activity.

Buying a home is such an emotional decision that even a seemingly small issue can create a bad impression. Here are six of the top turn-offs you need to know:

  1. Get Out - Make yourself scarce during showings as nothing turns buyers off more than a stalking seller.

  2. Fido & Fluffy - Pets and their associated smells will put many buyers off so relocate them before showings and hide their bed, bones, toys, etc.

  3. Killer Clutter - Buyers want to imagine themselves living in your home but most can’t look past other people's clutter, even if it’s tucked away in closets and cupboards.

  4. Problems Down Below - If your basement’s unfinished, you’ll want to show that it has potential so investigate any signs of moisture and paint the floor white to make it feel more spacious.

  5. Grubby Grout - It's imperative that your entire home remains thoroughly cleaned right down to the inside of your microwave. Neglected personal spaces like bathrooms will have them running for the door!

  6. Forgo the Fish Fry - It's best not to cook fish, bacon or other strong smelling foods while your home's on the market. Always air out your home by opening the windows instead of using artificial scents as some people are allergic.

When you sell your home, your goal is to get the highest price in the shortest amount of time. Sometimes the best way to do that is by focusing on the small stuff. It's definitely worth the effort and the good news is that depersonalizing, decluttering and thoroughly cleaning your home doesn't cost a fortune.

Tips On How to Guzzle Less Gas 
Modifying your driving habits can save you loads at the pump!

Maximizing your vehicle's fuel efficiency will not only save you money but you'll also be doing your bit for the environment! Here are a few tips that'll pay off at the pump:

  1. Turn it Off - Don't idle as it unnecessarily wastes fuel.

  2. Take it In - Regular tune-ups will increase your car's efficiency.

  3. Check & Inflate - Keep your tires inflated to the proper pressure.

  4. Slow Down - Speeding increases fuel consumption by as much as 50%!

  5. Don't Brake Down - Don't constantly jam on your brakes and then rapidly accelerate.

  6. There's an App for That! - Download an app that tracks the cheapest local gas prices.

  7. Lighten Up - Remove unnecessary items from your vehicle as extra weight reduces fuel efficiency.

The best way to save on gas is to keep your car in the driveway, so next time you climb behind the wheel, ask yourself if you can walk there instead. Just a few small changes to your driving habits such as combining errands or carpooling to work will save you a small fortune over time.

Spring Your Home Decor into Action 
Transform and refresh your home now that spring is here!

Spring is a time of renewal so why not bring the season's vitality into your home by making some simple decorating changes. Here are a few ideas that'll help you create a fresh spring feel:

  • Swap out heavy curtains for blinds or sheers.

  • Bring nature inside with a few plants or some fresh cut flowers.

  • Switch your cushion covers to spring shades such as yellows and purples.

Celebrate spring's arrival by bringing a breath of fresh air into your home. Just a few simple changes and a good spring clean can reflect the season’s sunny, fresh energy!



PS Are you sick of scouring the paper and MLS sites looking for homes?  Sit back, relax and let me do the work for you! Just visit my website and check off the features you're looking for. Whenever a home matching your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing your dream home.


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