In today’s market of home sales there is a vast contrast between residential home sales from the year 2000 to the ending fiscal year of 2015.
According to Winnipeg Realtor Statistics, in the year 2000 there were 16,019 listings and only 9,946 have sold which leaves a total of 6,073 properties that have NOT sold. In contrast of 15 years later we had 24,619 residential listings with upwards of 13,000 sold properties and 11,619 NOT selling! Yes, demographics change and population increase so it would be reasonable to say that you would have more houses on the market within 15 years. But at the same time more houses mean more competition and possibly more days on the market.
What does this mean for you in 2017? Well it is simple, you have a 35% increase in residential properties from 2000 to 2015, and if your property was listed during these time frames but didn’t sell then maybe your home was not ready to be shown.
How to make your Home stand out from the rest:
1. It is very important that you Mentally Detach from your investment. How do you do that? Well, due to the time you have been living in your home you may have many memories attached to your space but you need to understand the reasons why you listed your Property. Successful sale of your home may enable your growing family to buy something bigger, and bigger generally comes with a larger price tag which means you need to get the top $ from your investment. On the contrary, maybe it’s time to downsize? Your kids are all moved out and a big house is just too much to upkeep. So, don’t look at your house being your home for much longer, in no time your once cherished space will be in the arms of another loving family, to grow and make memories in.
2. One of the tougher ones you will need to come to terms with is to Depersonalize your home. This is hard because most people have built a space with memories photos, pictures all types of nik naks over the years. Don’t take this personally but new buyers do not want to see your personal items you have acquired on display. They need to envision their family in that space. As hard as it may seem you need to take down all your memorabilia and pack it All Away for Moving Day. On the brighter side, this will be one less thing to worry about once you are ready to move.
3. Declutter, declutter, declutter!!! Over the years you might have purchased number of items, from furniture to extra appliances and all other things that you loved. The potential buyer is not going to be drawn to the fact you have two fridges upstairs with one sitting in the corner not plugged in and extra pieces of furniture all over just taking up space. You need to create space that is warm, open and inviting. Any extra stuff can be either stored away, sold or just donated. This is also great opportunity to thin out your closets, as we all know buyers do open closet doors and if they see clutter they will be automatically turned off. You can free up to 25% of your closet space by packing all seasonal clothing or items that you have not worn in a while.
4. This is also a good time to look at possible small touchups and nothing looks better than a fresh coat of paint. The daring color you did years ago might not be as appealing to new buyer, no matter how much you love it it might turn potential buyer away. Let’s face it, people do not want to start painting as soon as they move in!!! Refreshing the look of you walls with neutral colors is always a safe bet. It will open up the space making it feel inviting allowing possible buyer to better envision their personal touches in that space.
5. Adding final touches and detailing your home is just as important as decluttering. This is where you concentrate on making your home really stand out by adding accessories that enhance the look in the space. Depending on your budget you might want to invest in some accent pillows to add a splash of color, throw blankets to create a warm cozy feeling, fresh towels for your bathroom. The goal is to reinvigorate your space. If you already removed extra furniture now is the time to move other items around to create functional open space. Make your home even more inviting by placing a bouquet of fresh flowers in a room.
6. Most importantly ensure your home is spotless clean! Wipe down your furnace room and change your furnace filter. Make sure your windows and floors are clean. A well balanced fresh clean home gives that prospective buyer reassurance that you have taken care of their future investment.
7. At last let’s not forget about the curb appeal. The exterior of your home is first thing that buyers see before even stepping foot through the door. First impression count and well maintained yard can definitely set the tone for further viewing of your home. There is nothing worse than losing interest before even looking in.
At Eye On Spaces, we offer wide range of services that will make the whole process of selling and moving way smoother. We will help you with organizing, decluttering and styling your space. If you have items that you need to get rid of we can arrange to have it sold or donated. We work with number of reliable networks and can connect you with contractors, painters, movers, cleaners so you don’t have to waste your time researching and making phone calls. We will oversee the whole process of moving from the very start to finish. You will be packed and moved in no time minus all your hustle and stress.
Feel free to call us or email email@example.com. For more information please go to our website at www.eyeonspaces.ca. We will happy to meet with you and go over your individual needs. Thank you for taking the time to read our Blog.
Written by Clive Mckee (CD)