Beginning of 2025 and it is still kind of on the slower side, if we talk about real estate market in GTA. Interest rates are high, though Bank of Canada promised to slice them at least couple of times in the first half of the year. Looks like this reality slowed multiple offers and bidding wars among home buyers and it is the good time to buy, but…

What should sellers do in this case scenario? How to sell your property and get desired results from the transaction? At first glans it is definitely not a sellers’ market. But what would be the way out in this particular situation? How to compete among others, willing to sell in your neighborhood? What would be a proper way to stand out in this line of sellers and get maximum profit? You might be frustrated with such number of questions, but don’t be lost. There are great answers to all of your questions…

First of all, your property needs to be in a neat working condition. Can’t say: “oh, sorry, my furnace isn’t working now, but I’ll fix it”. Everything must be in a perfect state. It’s definitely not “as is, where is” market like we had back in 2017. Buyers check properties of their interest with the help of home inspectors, and those professionals will find this “cat in a sack” for sure.

Second of all, your property can’t be outdated. It just must be looking modern, if you trying to find buyer fast. Modern looking kitchen, washrooms/bathrooms etc. would boost the value.

Energy efficiency is another great example of environmentally friendly homeowners. Windows and doors, together with the insulation keep you comfortable inside in a freezing and hot outside weather conditions. Tank-less water heaters are great examples of natural gas saving strategies. LED lighting would safe you on electricity bills.

But nevertheless, there is no doubt, that the most outcomes from selling of your property, you could only get, when your property is extensively renovated and remodeled. Only beautifully refreshed properties with attention to details are among the most desirable in nowadays reality. Nobody wants to spend couple of months in the renovation process with all the inconveniences. Clients want to enjoy their newly purchased properties starting from “day number one”! This is the rule of thumb, applicable to vast majority of potential home buyers.

For those purposes there is a necessity to do your homework and “Google it”. For example, typing: “find best renovator contractor near me” would be a great tip. Or type: “list of the most reliable renovation contractors near me”. It helps to reach out three-four companies of your choice. They will gladly provide you with absolutely free estimates of your renovation plan, which would be a solid ground for obtaining HELOC, or other financial products, available for homeowners.

To conclude, it would be worth to say that no matter what happens out there- life continues, and there will always be those, willing to become proud homeowners, no matter what our harsh reality dictates.