Susan Lancaster broker
Transcription
Susan Lancaster broker
Sawmill Finer Homes m ill V alle y Tr Message from Susan Lancaster... ail Sawmill Finer Homes Tribune Du nd a Saw Susan Lancaster’s Real Estate Newsletter ive r sS tW Rd Cre dit R orpe Burn ham th Your Sawmill Finer Homes REALTOR®! Prices strong, volume soft... Considering Renovations? [ see page 2 for details ] Choosing the right renovation is important to increase net return on your investment. Consider these 4 renovations. 4. Flooring: Hardwood floors are timeless and durable. If hardwood is not in the budget, laminate is an option. Flooring updates look fresh. 3. Hardware & Fixtures: Faucets, switch plates and drawer pulls can make a big impact. Minor updates can improve a room and can equal big return. 2. Bathrooms: Seashell tiles and fuzzy toilets scream ‘reno time’. Most people say “spa-like” when describing a bathroom, meaning soothing colours and modern materials. 1. Kitchens: Scary and expensive comes to mind. Kitchens can give you the biggest investment return. It does not have to be pricey or custom, seek out alternatives. Susan Lancaster Sawmill Finer Homes Market Watch For detailed Sawmill Finer Homes statistics: SawmillFinerHomes.info Latest 6 Month Recap of Solds October 1, 2012 - March 31, 2013 # sold average price low price high price days on market 2 storey 2 bedroom - - - - - 615,000 18 3 bedroom 1 615,000 615,000 4 bedroom 2 1,537,500 1,000,000 2,075,000 20 5 bedroom 2 1,547,500 1,330,000 1,765,000 8 2 bedroom - - - - - 3 bedroom - - - - - 2 bedroom - - - - - 3 bedroom - - - - - Total 5 bungalow broker Royal LePage Real Estate Services Inc., Brokerage 5055 Plantation Place, Mississauga, ON L5M 6J3 townhouses Call/Text Office 416-573-2472 905-828-1122 www.LancasterTeamSellsHomes.com [email protected] Accredited Buyer’s Representative, Canadian Staging Professional, SRES Designation, Dynamic Agent Susan Lancaster broker Call/Text 416-573-2472 Not intended to solicit buyers or sellers currently under contract with a brokerage. Statistics courtesy of the Toronto Real Estate Board. Property values depend on factors besides housing type and number of bedrooms. Square footage, overall condition, upgrades, lot size and specific location are some of the other key factors involved. Copyright © 2013 Mission Response Inc. www.missionresponse.com 416-236-0543 All Rights Reserved. T1547 02 page 4 14 [email protected] May 2013 page 1 May 2013 SOLD Prices strong, volume soft www.3260Cajun.com www.251Oakhill.com The average price of a resale home in the GTA in March was $519,879 - which represented a 4% increase versus the March 2012 average price of $500,875. Price growth occurred across all key market segments, as follows: single-detached homes (+4%), semi-detached homes (+5%), townhomes (+5%) and condo apartments (+2%). The average price over the entire first quarter of 2013 was $508,066 - which is up by slightly over 3% versus the first quarter of 2012. Price growth continues to be more robust in the low-rise market segments where a lack of supply remains an issue. The Toronto Real Estate Board’s full year price forecast remains at $515,000 - which represents a 3.5% annual rate of growth. Situated in prestigious Mineola West, this custom build, million dollar home has 6 bedrooms, all boasting ensuites, finished basement with walk-out, wine cellar and so much more. This home is a dream come true! GTA Average Resale Price $540,000 2011 $520,000 2012 2013 FOR SALE $500,000 $480,000 www.3260Cajun.com $460,000 $440,000 $420,000 JAN MAR MAY JUL SEP NOV March witnessed a 17% decline in sales (7,765 transactions versus 9,385 in 2012). In the first quarter of 2013, total sales were 17,678 - down by 14% as compared to the first quarter of 2012. The major issues affecting volume continue to be stricter lending guidelines for high-ratio borrowers, the additional upfront Land Transfer Tax in the city of Toronto and a shortage of listings in the low rise market segments. Volume growth varied by market segment, as follows: single-detached homes (-18%), semi-detached homes (-14%), townhomes (-15%) and condo apartments (-18%). Home ownership remains affordable for a household earning the average income in the GTA. Over 4,400 square feet of luxurious living space including 4 bedrooms, 4 baths, main level laundry, a newly finished basement and more. This home is an absolute delight with mature landscaping and spacious backyard. FOR SALE www.59Mayor.com GTA Resale Home Sales 12,000 2011 10,500 2012 2013 9,000 Custom built, 4 bedroom, 3 bath home in peaceful neighbourhood of Pickering Beach, Ajax. Superior level of finishing. Unspoiled lower level just waiting for your finishing touches. 7,500 6,000 4,500 3,000 1,500 JAN page 2 MAR MAY JUL SEP NOV May 2013 page 3 May 2013