A well-designed kitchen is the heart of a home – and a significant selling point. A quality kitchen renovation can add up to 15% to the value of your property. When functional and well-planned, it’s is a drawcard for potential buyers and can make all the difference in a competitive market. So, if you’re considering…
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If you’re preparing to sell your home, never underestimate the impact of a quality rug to give rooms an extra lift in the eyes of the buyer. More than floor coverings, a good rug is a piece of art, adding personality and warmth to any room. However, it’s important they are well maintained, or they…
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Home values jumped another 0.6% in April – the nation’s 15th successive month of growth. According to CoreLogic’s national Home Value Index (HVI), the increase has added a further $4,720 to the national median dwelling value. It brings the total increase since the January 2023 trough to an impressive 11.1%, or $78,000. As an experienced…
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There are few things more emotionally distressing – to say nothing of financially difficult – than cleaning up a home after a flood. Finding badly damaged, much-loved items is particularly heart-breaking. Yet even the unprepared should take heart: while some damaged items will have to be thrown away, others can be restored. Clothes and linen…
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The question of how much foreign buyers influence the Australian property market can be controversial with claims their participation bolsters prices and worsens housing affordability for ordinary Australians. New research by PropTrack, part of the portal realestate.com.au, has recorded a 20% increase in searches from overseas buyers compared to the five-year average. This surge is…
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The debate about the future of real estate in Canada often swings around to the topic of the housing shortage. The Royal Bank of Canada has voiced its opinion on the question of affordability, highlighting its estimate that a million households will not be able to afford a home by 2030. It also claims that…
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New housing initiatives valued at $8.5 billion and designed to boost the real estate market were released in the recent Federal Budget. The Government’s biggest promise was a pledge to construct 3.87 million homes by 2031. Buyers will also be allowed to withdraw up to $60,000 via the Registered Retired Saving Plan (RRSP) Home Buyers’…
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Anyone who doubts the value of real estate as an investment might want to consider the disparity between the average price of a home today and the cost in 2014. The price difference is almost 60%: an excellent result for homeowners and investors alike. It’s tough to hear for those who are seeking to enter…
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Canadians under the age of 35 are carrying greater financial debt than two years ago and face increasing challenges to achieving home ownership, according to the agency Statistics Canada. Young households had seen their mortgage burden increase over the past 12 months, and their accumulation of wealth was slowing. StatCan pointed to higher interest rates…
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Hopes for a continued strong selling season have been boosted by data showing that real estate values across Canada have increased 3.5% year-on-year, taking the average home value to $685,809. The provinces enjoying the most significant gains were New Brunswick, Alberta, and Newfoundland and Labrador, according to the Canadian Real Estate Association (CREA) figures for…
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