| Real Estate Advice

February Market Recap: “Increase in Listings, Decrease in Sales.” If you haven’t checked out our latest market report, click here!


What’s On in Toronto This Month.


It’s finally March! You’ve survived our brutal winter and can now walk with an extra spring in your step. Fling off the parka and boots and head out to one or more of these springy events.

Take in the beauty of the city’s spring waterfront by heading to the beach for the fourth installment of WinterStations. The temporary exhibition, which transforms lifeguard stations into public art installations, went up on February 19 and will run until April 1. More: WinterStations

Ever wonder what Toronto’s wildlife does in the spring? Now’s your chance to find out. On March 17, Tommy Thompson Park is holding the third in a series of guided Nature Walks, where you’ll be able to check out the wildlife enjoying the first warm breezes of spring. And celebrate spring yourself. More: Nature Walks

If you’re a news junkie and/or a pop culture fanatic, you won’t want to miss AC2: An Intimate Evening with Anderson Cooper and Andy Cohen on March 24 at the Sony Centre for the Performing Arts. The two media personalities – friends for years – will engage the audience in an evening of “unscripted and uncensored” conversation. More: AC2: Anderson Cooper and Andy Cohen

Are you looking to get a head start on your spring home décor must-haves? March’s Trinity Bellwoods Flea Market is the event for you. Bringing together fifty of the city’s top vendors, artisans and small businesses, the free market runs March 25 from 10 a.m. to 5 p.m. And don’t forget to invite your furry friends. More: Trinity Bellwoods Flea Market.

Great Spots to Watch as Spring 2018 Arrives.


Have you missed fresh air? Did winter’s bleak, grey days make you yearn for brightly coloured spring blooms? With the coming of spring, you won’t have to wait long to find out what you’ve been missing.

Nothing says “spring has sprung” like the stunning beauty of blooming cherry trees. Make sure you take a trip to High Park in April or May to see these magnificent flowers reach peak bloom. But, if you don’t want to deal with the thousands of people who will be making the same trek, have no fear. There are other places in the city to see gorgeous blossoms. Try Centre Island, Trinity Bellwoods Park and Cedarvale Park, not to mention the annual Canada Blooms tribute to all things floral, in March at Exhibition Place.)

The arrival of spring will also be on full display at St. James Park in the downtown core. The park is home to formal gardens and walking trails set against a charming Victorian backdrop. The flowering trees throughout the park will be sure to take your breath away.

If you’re looking to usher in spring in a way that’s fun for the whole family, look no further than Riverdale Farm. This historic working farm has plenty of wooded areas, ponds and gardens, along with a host of farm animals (and maybe even some newborns) to keep you company as you take in the flowering blooms around you.

The spectacular blossoms signalling the start of a season of renewal and warming temperatures are sure to banish all thoughts of this year’s particularly early (and nasty) winter season. So enjoy now!

Condo Life Is Now a Reality for Many Canadians.


With the dwindling of land available for construction of detached and semi-detached single-family homes, Canadians are accepting the need for vertical living and high-density communities. Even naysayers are contemplating life in a “box.”

The reality is – as Canada’s most recent census numbers indicates – condo living is here to stay.

The 2016 census revealed that 13.3% of all Canadian households (approximately 1.9 million households) live in condominiums – an increase of 1.2 percentage points over the previous census conducted in 2011.

Of course, that differs across the country and from urban areas to suburbs and rural locations. In Vancouver, for example, some 30% of the population call a condo home. In Toronto, that number sits at 20.9%. But in both Halifax and Moncton, the number of condo dwellers drops to below 5%.

Notes a recent CBC article published after census results were released: “In other cities, meanwhile, condos barely rate as a living option. In Greater Sudbury, Ont., Saint John and St. John’s … less than one out of every 20 people live in a condo.”

The numbers, of course, correlate to population: Both Vancouver and Toronto boast larger populations, and wildly different real estate markets, than their smaller counterparts. The census reported that, by homeowner estimates, the cost of an average home in Vancouver totalled $1,005,920 compared to $734,924 in Toronto. And across Canada, the average value of a home was $443,058, up from $345,182 in 2011. And, interestingly, two-thirds of households owned their condos, while renters accounted for the remainder. Perhaps something to watch for in future?

 

Ask an Expert a.k.a. Us!


Should I sell my home myself?

Probably not, and here’s why.

It’s more work than you think. Will you be able to rush home if a buyer wants to see your house in 30 minutes? Do you have time to keep track of your showings, follow up for feedback, and vet any potential offers? You’ll also need the know-how to negotiate any offers that come in. This negotiation is extremely difficult when you factor in the emotional and financial investment that comes with being the owner of the home. Similar struggles come into play when prepping your home for the market. It’s hard to see what changes should be made when the space is your own.

An agent has all the necessary resources at his or her disposal to handle these situations for you. Agents’ professional perspective and experience create a smoother and more profitable process. Consider leaving it in their capable hands, so you don’t wring yours.


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Header image via winterstations.com.

 

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