Spring into Action

I’m sitting here writing today while looking outside at a beautiful, rainy, Greater Vancouver Friday and I truly know that Spring is upon us.

Spring is a great time to look at selling your home or buying a new one. Statistically, Spring is the time of year that the most homes go on the market and where we see the highest volume of sales.

Even though it continues to be a seller’s market in almost every part of the tri-cities it remains a good time to buy depending on your circumstances and where you’re looking to move to. For instance, if you’re looking at buying a condo or a townhome you are in luck! The price increases we have seen aren’t as steep when it comes to attached homes. There remains between 2 and 5 month’s supply of attached homes here in Coquitlam which means it’s still a seller’s market (but we are seeing parts of the market getting closer to a balanced market). Maple Ridge also remains a very attractive destination, especially if you are a first time buyer, as the prices in that area have not risen as much as they have out here.

Whether you’re thinking about buying or selling it’s not a bad time to get an opinion and meet with a REALTOR® to discuss your options.

For those of you looking to sell your homes this Spring here are some helpful tips!

  • Clean your house from top to bottom. Get in there and scrub those walls and clean those floors!
  • De-clutter – sometimes nothing turns a potential home buyer off more than a cluttered mess of a house. Do yourself a favor and get some storage bins from Ikea and organize your home. (Or list with me and I’ll bring the bins myself!)
  • Paint! Paint is one of, if not the only, major renovation that has an equal or greater return on investment over the short term. There are a number of great painting companies here in the tri-cities and they can get the job done quickly and efficiently.
  • Minor repairs – take care of those minor repairs around the home.
  • Replace the lightbulbs – this is something that not everyone will tell you to do, but I will. Putting in new lightbulbs will instantly brighten up your house, especially if it doesn’t have great exposure to natural light.
  • Curb appeal – if you have a front yard consider having a landscaper come in, or go out and do some work yourself. So many lawns have been devastated by the chafer beetles so make sure that your home stands out as one of the houses without a brown lawn out front. Plant some flowers and make it so that if you were the person driving by your home you would want to see the inside. (A fresh coat of paint on the outside also helps with curb appeal!)
  • Consider professional staging – in the present market, when it comes to detached homes, staging might not matter much. However, from a monetary point of view, a well-staged home will see a larger return than the amount spent on the professional stager. Now, this isn’t true of every home and you should seriously consider whether a professional stager will help. Speak with your REALTOR® for advice on the subject.

For the buyers out there – check out my last blog about buying a home! As well, I’m going to be putting on a Home Buyer Seminar in late Spring so keep an eye out for an exact date.

If you have any questions or are interested in finding out what your home is worth then please give me a call. It would be my pleasure to help you out.