I prioritize relationships over transactions in my approach to real estate. Commencing my career in 2006 with Remax Crown Real Estate in Regina, I have steadfastly built a Regina real estate business based on this principle. My commitment is centred on delivering personalized one-on-one service, seeking to grasp your unique needs and real estate objectives comprehensively. I am dedicated to being 100% accountable to you throughout the entire process. In my most recent real estate tip, I offer insights on optimizing every space in your home to ensure a successful sale.

Selling your home is an exciting but challenging process. In a competitive real estate market, making your property stand out and appeal to potential buyers is essential. One effective strategy is to unlock the potential of every space in your home, showcasing its versatility and functionality. Follow these home-selling tips to maximize the appeal of every nook and cranny, creating a lasting impression on prospective buyers.

1. Declutter and Depersonalize:

Before diving into the details of each space, start with a clean slate. Decluttering and depersonalizing your home allow potential buyers to envision themselves in the space. Remove personal items, excessive furniture, and unnecessary decorations. A streamlined and neutral environment makes it easier for buyers to see the potential of each room.

2. Define Each Room's Purpose:

Clearly define the purpose of each room to highlight its functionality. If you've been using a spare room as a storage space, consider transforming it into a home office, guest room, or workout area. This helps buyers visualize how they can utilize the space, making it more appealing and valuable in their eyes.

3. Lighting Matters:

Proper lighting can dramatically enhance the perceived size and atmosphere of a room. Ensure that each space is well-lit by combining natural and artificial lighting. Replace outdated fixtures, clean windows, and consider using mirrors strategically to reflect light and create a brighter, more inviting atmosphere.

4. Neutral Colors and Cohesive Design:

Painting is a cost-effective way to refresh a space and make it more appealing to potential buyers. Stick to neutral colours that create a clean, cohesive look throughout the home. Consistent design elements, such as matching hardware or cohesive decor, can tie different spaces together, providing a harmonious flow.

5. Furniture Arrangement:

Reevaluate your furniture arrangement to maximize the functionality and flow of each room. Avoid blocking natural pathways and ensure that the furniture complements the room's size. Create conversational groupings in living spaces and arrange bedroom furniture to highlight the room's purpose and size.

6. Showcase Unique Features:

Every home has unique features that can be accentuated to captivate potential buyers. Whether it's a cozy nook, a built-in shelving unit, or a picturesque window, draw attention to these features. Arrange furniture and decor to emphasize these points of interest, creating memorable focal points that make your home stand out.

7. Invest in Smart Storage Solutions:

Buyers appreciate ample storage space. Invest in innovative storage solutions to showcase the functionality of closets, cabinets, and other storage areas. Consider installing shelving or organizers to maximize space and create a clutter-free environment.

By unlocking the potential of every space in your home, you increase its overall appeal and help potential buyers envision themselves living there. Taking the time to declutter, define room purposes, enhance lighting, use neutral colours, arrange furniture thoughtfully, highlight unique features, and invest in storage solutions can significantly attract and impress prospective buyers. These home-selling tips will expedite the selling process and increase the perceived value of your property in the eyes of potential buyers.

Partner with me; I'm a top Regina RE/MAX Agent and an experienced &  Trusted Regina REALTOR®. 

If you are looking for a Regina Realtor who works tirelessly on your behalf and always offers honest advice, I will be an expert at your side. 

I believe that relationships are more important than transactions. I started a career in real estate in 2006 with Remax Crown Real Estate In Regina, and since that time, I have built a Regina real estate business around that philosophy. My goal is to provide personalized one-on-one service to fully understand you and your real estate goals and be 100% accountable to you. My latest real estate tip concerns two recently announced Saskatchewan Government initiatives to tackle housing affordability in Saskatchewan. 

In a significant move to tackle housing affordability and revitalize the construction sector, the Government of Saskatchewan launched two new initiatives in the fall of 2023: the Provincial Sales Tax (PST) Rebate for New Home Construction and the Secondary Suite Incentive (SSI) grant program. These programs, aimed at providing substantial cost savings for homeowners, are anticipated to breathe new life into the housing market across the province. Let's delve into Saskatchewan's initiatives aimed at enhancing housing affordability.

The PST Rebate for New Home Construction

Recognizing the pivotal role of homeownership in wealth accumulation, Saskatchewan has rolled out the PST Rebate for New Home Construction. This program extends a rebate of up to 42% on the PST paid for newly constructed homes. Applicable to contracts signed or new housing starts after April 1, 2023, this rebate is a boon for prospective homeowners. Eligible homes priced below $550,000 (excluding land and certain costs) witness a sliding rebate percentage within the $450,000 to $550,000 range. Homeowners must occupy these new homes by April 1, 2026, and submit rebate applications by March 31, 2027.

The Secondary Suite Incentive Grant Program

As another innovative measure, the SSI grant program aims to incentivize homeowners to construct secondary suites in their primary residences. Offering a grant covering 35% of the construction cost (up to $35,000), this program seeks to alleviate mortgage burdens for homeowners while providing affordable rental options. The qualifying suite, whether in a basement, garden, laneway, or garage, must include essential amenities and comply with all relevant bylaws and standards.

Together, these programs have the potential to provide qualifying homeowners with up to $46,340 in savings, representing a significant stride toward making housing more affordable in Saskatchewan. The PST rebate eases the financial burden of purchasing new homes, while the SSI grant facilitates the creation of rental units, effectively addressing both housing affordability and rental availability concerns.

The Government of Saskatchewan acknowledges the challenges posed by the current economic climate and recognizes the necessity for targeted measures to support homeownership. By assisting homeowners and promoting construction, these programs not only enhance individual financial security but also contribute to the broader economic well-being of the province.

Eligibility and Application Process

Interested homeowners should take note that while the rebate program is already in effect, the SSI program will open for applications in January 2024, with more information forthcoming. Both programs ' comprehensive eligibility criteria and application details are available on their respective web pages. Saskatchewan's introduction of the PST Rebate for New Home Construction and the Secondary Suite Incentive grant program stands as a laudable effort to ensure housing affordability and spur the construction industry, setting a potential precedent for other regions grappling with similar challenges.

Partner with me; I'm a top Regina RE/MAX Agent and an experienced Trusted Regina REALTOR®. 

If you are looking for a Regina Realtor who works tirelessly on your behalf and always offers honest advice, I will be an expert at your side. 

Greetings Friends,

I am pleased to be able to share my 2022 July Regina Real Estate Market Report! 

I believe in personalized one-on-one service to fully understand you, and your real estate goals and I commit to being 100% accountable to you. I want to bring value before, during and after the sale of your home!  

If you are looking for a real estate agent who works tirelessly on your behalf and always offers honest and candid advice, please contact me today! 

How Does This Compare to National Data? 

July 2022 Monthly Housing Market Trends Report

HIGHLIGHTS

• National home sales fell by 5.6% on a month-over-month basis in June.

• Actual (not seasonally adjusted) monthly activity came in 23.9% below the June record set in 2021.

• The number of newly listed properties was up 4.1% month-over-month.

• The MLS® Home Price Index (HPI) edged down 1.9% month-over-month but was still up 14.9% year-over-year. The actual (not seasonally adjusted) national average sale price posted a 1.8% year-over-year decline in June.

Download data

Home sales recorded over Canadian MLS® Systems fell by 5.6% between May and June 2022. Although

larger declines were recorded in April and May, monthly activity has dropped to slightly below average levels for the month of June. (Chart A)

 

Greetings Friends,

I am pleased to be able to share my 2022 May Regina Real Estate Market Report! 

I believe in personalized one-on-one service to fully understand you, your real estate goals and to be 100% accountable to you. I also want to bring value before, during and after the sale of your home!  

If you are looking for a real estate agent who works tirelessly on your behalf and always offers honest and candid advice, please contact me today! 

How Does This Compare to National Data? 

May 2022 Monthly Housing Market Trends Report

Canada’s housing market saw a slowdown in sales during the month of April 2022 as rising rates tempered homebuyers’ appetites, right as Canadian home prices fell from record-breaking levels. For April 2022, the average home price in Canada's housing market was $746,146, up 7% from last year. While Canada’s average home price has risen by over $50,000 in the span of one year, home prices have fallen compared to the previous month. March 2022’s average home price of $796,068 means that the average home price in Canada has fallen by over 6% in just one month.

Meanwhile, the MLS Benchmark Price increased 27% year-over-year to $882,400 for April 2022, yet is down by 0.3% month-over-month. This marks the first time that Canada’s MLS Benchmark Price has decreased on a month-over-month basis in two years. The last time that Canada's benchmark home price has fallen month-over-month was in April 2020.

June 4, 2022