We tend to examine the yard quickly. In our minds, it’s not very important. The condition of the home and its financing are of greater significance. Yet, taking the time to observe the four corners of the yard may save you many problems.
If you’re only planning to stay for a few years, you may think the yard doesn’t really count for much. Caution! If the yard hides a defect, it will affect the home’s resale price. If you intend on staying there permanently, the yard will require much thought for future projects. In both cases, a basic examination is required.
If an old tree is near the house, its roots may be so deep and spread out into the ground that they are about to crack the foundations, especially if they’re already fragile. Continue reading →
A plant product that is sustainable, recyclable and rot-proof: cork is sought after as a floor covering and is considered one of the most efficient insulating material for walls, doors, roofs and floors. In addition, it looks beautiful and inviting. In short, it’s a God-given product.
Let’s start with the basics. Cork is often used as a subfloor for a hardwood or floating floor because of its sound and crush-resistant properties and its elasticity. A more discreet role, but an efficient one, nonetheless.
Far from being unattractive, cork is most usually used above ground, in the form of slabs, as a flooring material. It has numerous qualities. It is flexible, effective against vibrations, soft to the touch, and pleasant to look at. A dozen shades, if not more, are available on the market. Continue reading →
If you’re ready to purchase your first home but you need a bit more money for the down payment, the Home Buyers’ Plan (HBP) allows you to withdraw money from your RRSP to finance the purchase of your first home.
Homeowners who wish to sell their home or condo should know the fair value of their property to set the selling price and to negotiate more effectively. Sometimes, homeowners will set the price according to their own calculations. This method is feasible, but not foolproof.
Many people rely on the municipal assessment to set their property’s market value. Bad idea. The real estate market evolves every day, whereas the municipal assessment services, bound by bureaucracy, are slower. Consequently, there is a gap between the fair price of the property and the municipal assessment. Oftentimes, this assessment is inferior to the true property price. The municipal assessment reflects the fair value of the property, but not the value itself.
Some rely on a very popular practice: finding a property that is similar to theirs that has been sold, not too long ago, in the same neighbourhood. The property must be, if possible, identical or nearly the same. Same type of home, same year of construction, same living space, same lot size, same outdoor layout (pool and other installations), etc. Continue reading →
This is the first question you should ask yourself before you begin planning your budget and searching for homes. If you didn’t fancy any house that you’ve visited in the past, or if you’re disappointed in the choice you’ve made, perhaps you didn’t take the time to ask yourself this important question.
Everyone will come up with these three answers: safety, shelter, and privacy. Yet, there is more to a home than just that. Above these things, the personality and needs of each and every one also come into play.
If you’re the dreamy type who doesn’t notice anything around you, who doesn’t get attached to a property or material things, and who has absolutely no wish to maintain a house, then why would you choose a home that’s too big or too expensive? Dreamers usually need very modest homes, a sustainable one at best, to prevent an increasing amount of work. They prefer spending time and energy doing other things. Continue reading →
Articles on home financing, home decor & renovations