Javad Ahmadi Zabihi's blog

Selling your home is no easy process, in terms of both the actual logistics and the emotional connection you often have to your home. After all, according to the the majority of sellers (62 percent) own their homes for 10 years or more before selling, and 25 percent live in their homes for more than 20 years before making a move! While most sales don’t go 100 percent smoothly, there are some common home-selling mistakes you can avoid to help make the process less stressful and less emotional.

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.ca, 

“How to Find Your Dream Home—Without Losing Your Mind.”

1. Get Pre-Approved for a Mortgage Before You Start Your Search

Property vs. Business Income

If you’re a landlord, your rental income will be treated either as property income or business income, and each brings different tax implications to the table. According to the CRA, to differentiate between these two, you should consider the numbers and services that you offer to your tenants. 

Where are the towels? Which box holds the can opener? Who packed the cat food? When you're surrounded by boxes, what you need is a strategy.

Once all the moving preparations have been made, all the arduous moving tasks have been taken care of, and everything has gone more or less according to plan on moving day, you finally find yourself in your new home, surrounded by piles of boxes, tired and glad that your relocation is about to end.

Final Thoughts

One thing that makes these five low-cost home improvements unique is that all have the potential to immediately change the buyers perception of your home and raise its value.  That aside, none of them will empty your pockets as complete renovations would.  In fact, you can spread out the cost and do one update/upgrade at a time until the time you are ready to sell the house.

5. Renew Floor Finishes & Replace Old Carpets

Replace Carpeting And/Or Flooring Before Listing Your Home – Top 5 Low-Cost Home Improvements To Consider Before Listing Your Home

Bearing in mind that your home could be purely vacant, flooring is among the things that count as far as first impressions goes.  Once a buyer steps inside the home, they will probably see the floor first.

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4. A Kitchen Facelift

It’s true that a kitchen is the heart of every home, which is why many potential home buyers prioritize it over other rooms.  If you update every other room to be clean and appealing, then spruce up your kitchen with low-cost cosmetic upgrades, more potential buyers will be encouraged to buy your house and the selling price will be higher.

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3. Upgrade The Lighting

Does your living and dining room have those dull recessed lights?  If yes, this is the time to unscrew them and fix a brilliant replacement in their place.  Chandeliers would be a great option to consider.

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2. Paint And/Or Clean The Walls

Fresh Paint Is Great – What Low-Cost Home Improvements Should You Make Before Selling Your Home?

Thinking of buying a pre-sale condo?