The Willmott Ruhler - February 2015 Edition

Ruhler The Willmott

February 2015 - Volume 17

Winter Market Terra brings the Farmer’s Market indoors.

We’re going

DIGITAL! Sign up for your electronic copy at www.hvotp.com

What They Got Another Hillsview End model sold and in just 3 days!

Join your neighbours!

404 of us and growing.

hvotp.com

Cover Photo Courtesy of Terra Gardens

at home Winter Market

F

or those of you who aren’t aware, Terra Gardens hosts a Winter Market every Saturday during the winter months, ending March 21st.

The market is indoors and heated, offering a great way to get out of the house and fight away those winter blues.

Similar to the Milton Farmer’s Market, over 50 local vendors set up shop from 10AM to 3PM.

Location: 12800 Britannia Road Southwest corner of Britannia and Trafalgar

Browse through hundreds of items including local produce, meats and baked goods from local farms as well as hand crafted items for your home from local artisans.

Date: Saturdays from January 10th - March 21st Time: 10AM - 3PM

Before & After

Staging isn’t always about bringing in new furniture, artwork, painting the walls, etc. It can often be as simple as removing some clutter, and moving furniture.

Once the changes have been made, don’t let your hard work and efforts be wasted by poor photography either!

before after

- Frogpond Organic Winery - Mazzocato Maple Syrup - Drummond Farms - LA Cupcake Boutique - Snowden Farms - Plain Crafty - Euro Deli (cover photo) - Alpaca Central - Finish Me Pretty - No.7 Hot Sauce - Epicure - 50 Pesos

What They Got

Staging Tips

Ensure your home is being showcased by photos and video taken with professional equipment including wide angle lenses. Taking photos in one direction verses another can make all the difference as well.

Some of the vendors:

T

Model: Hillsview End Square Feet: 1,510 Bedrooms: 3 Bathrooms: 2 Full, 1 Half List Date: January 12, ‘15 Days On Market: 3 Price Reductions: 0 Original Price: $429,900 Selling Price: $435,000 Ask to Sale Ratio: 101.19% 12-Month Avg. Selling Price for this model: $434,566

his popular “Hillsview End” townhome is located on a quiet street in phase one of Hawthorne Village on the Park. This Energy Star home was well appointed with maple hardwood stairs and floors on the ground level, stainless steel appliances including a chimney style hood.

The selling price for this model in 2014 ranged from $414,000 to $450,500. Considering the location and upgrades found in this one, in our opinion, it was under priced and sold for less than it likely could have. The one variable we can’t be certain of is the motivation of the seller; perhaps they needed to sell quickly and the lower price was strategic.

At the end of the day, it sold in just 3 days. This is a great indication that the market is still hot and there’s a strong demand for townhomes in our neighbourhood.

Visit our Pinterest page for more great tips. www.pinterest.com/kormendytrott The Willmott Ruhler • FEBRUARY 2015

For more selling tips email info@kormendytrott.com *Stats compiled from the Toronto Real Estate Board

to get in the

If you’ve been thinking of selling your home or buying a new one, now is a great time. Experts predict that the market will continue to gain strength throughout 2015. What are you waiting for? Here are a few sweet morsels of information about the national market.

THE MARKET IS HEALTHY.

AND, MOST ARE WILLING TO SHARE.

The national sales-to-new listings ratio is 55%, which is still considered “balanced.”

Source: CREA, September 15, 2014

62%

of Canadians intend to buy a home with their spouse or partner.

plan to buy a home by themselves.

Source: RBC, Home Ownership Poll, April 10, 2014

PROPERTY IS BECOMING MORE VALUABLE. Homeowners expect property values to grow by an average of 2.3% over the next year and 13.2% over the next 10 years.

Housing inventory decreased to 5.8 months nationally.

Source: CREA, September 15, 2014

THE YOUNGER GENERATION WANTS IN.

41%

of Canadians aged 25-34 are interested in buying a house or condo.

Source: RBC, Home Ownership Poll, April 10, 2014

41%

of Canadians said home values in their neighbourhood would increase in the next six months.

Source:

September 22, 2014

BUYERS WILL DO ANYTHING FOR THE RIGHT HOME. One-third breaking their budget for the right home.

Source: CREA, September 15, 2014

CANADIANS ARE GETTING A BIGGER PIECE OF THE CAKE.

80%

of Canadian homeowners have 25% or more equity in their homes.

5

The average homeowner equity is 73%.

Source: Canadian Association of Accredited Mortgage Professionals, FEBRUARY 2015 • The Willmott Ruhler Spring Survey Report, May 29, 2014

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ytrott

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