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Comparative Market Analysis: What it is & How to Use It

A comparative market analysis, or CMA, is a tool used to estimate a home’s value based on the selling price of similar properties recently sold within the immediate area. It does not generate a suggested listing price for the home. It is merely the means to help determine one.

Learning how to do a comparative market analysis can also be one of the essential tools when trying to sell a home quickly, make a good profit, or make a reasonable offer on a home. Once you learn this simple concept, it becomes one of the more exciting and helpful tools in your real estate arsenal.

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6 Steps to Declutter Your Home before Moving

Moving can be a stressful experience, but it doesn’t have to be! The more prepared you are, the better. Getting rid of unwanted items before moving means less needs to be packed up. Follow these six steps to declutter your space and set your move up for success.

1. Start early! Start sorting your unwanted items into “purge piles” before listing your home.

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On a budget?

Learn how to stage your home like an expert

Staging is an important part of selling your home. There’s a reason why the expertly-staged homes you see on reality shows sell over the asking price! But staging doesn’t have to be as elaborate or expensive as it is on TV. A few small details can go a long way when it comes to selling your home.

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Fall is the New Spring!

Gardening tips to make your property shine

As the summer comes to an end, you’re likely preparing your garden for the spring planting season. But don’t pack away your planters just yet! Instead of jumping straight to spring, consider giving your planters a fall refresh instead. There is still lots of eye-catching fall foliage, late-season blooms, and harvest-inspired accessories to enjoy this season.

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Reflecting on your real estate goals: Should you sell your home?

While the COVID-19 pandemic presents many challenges, it also brings an opportunity to slow down and reflect. You’ve likely never spent as much time at home as you have in recent months, which begs the question: is your physical space aligned with your current (and future) goals and priorities?

Few decisions will have a bigger impact on your life than selling your home. These three questions will help you gain clarity on the topic:

What do you value about your current property and what’s missing?

Make a list of pros and cons regarding the key features of your home and how it fits with your current lifestyle. If change is needed, is renovating a viable option?

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3 Summer projects to increase your home’s resale value

The pandemic may have put a pause on your plans to buy or sell, but it still pays to plan ahead. Investing in the right projects will not only guarantee pay back when it comes time to sell your home, but it will also provide a helpful distraction. Here are three outdoor projects you won’t regret investing in. Investing in the right projects will not only guarantee pay back when it comes time to sell your home, but it will also provide a helpful distraction. 

Here are three outdoor projects you won’t regret investing in:

Build a deck or patio. A deck or patio not only adds visual interest and enjoyment, it also adds to the resale value of your home. Choose a design that fits with the style of your home (and your budget). Be sure to check your municipal building requirements, as a building permit may be required.

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The Kelowna Buyers Market in 2021

Kelowna is British Columbia’s new hot-spot for home buyers. With an unprecedented number of sales to kick off the spring season in March, and many people relocating from all across the country to enjoy the hillside views and life on the water, preparing buyers for the market is essential. 

Here is everything you need to know about buying a home in Kelowna in this new era. 

What Can A Buyer Expect when buying a home in Kelowna

Spring is in full swing in Kelowna BC, and a busy season in Real Estate awaits, with eager buyers looking to settle into their new homes in the Okanagan Valley. As a result of homeowners and renters re-prioritizing housing and living standards, Kelowna is already seeing an unprecedented influx in sales.

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Should You Sell Your Home in The Okanagan’s Hot Market?

As you probably realize, the Okanagan in general has been in a hot market for a few years now and it doesn’t seem to be slowing down. Homes in desirable areas are selling sometimes before they even hit the market. That brings us to this tough question, “Should I sell my home into a hot market?” It is a question that comes up quite a lot and it doesn’t come with an easy answer. 

In this post, I go over the pros and cons of selling your home for a premium into a red hot market like the one we are in now.

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Real Estate Rebound: Record-Breaking Numbers

What a difference a few months makes. July saw more homes trade hands in Canada than any other month in the history of CREA’s database going back more than 40 years. That coincides with REALTOR.ca visits being at an all-time high, with unique visitors increasing by more than 46% compared to the same time last year.

Home sales are up 30.5% across Canada, with 62,533 units sold in July 2020 compared to 47,924 in July 2019. The average price of homes sold across Canada in July 2020 was up 14.3% and new listings were up 10.3% across Canada.

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