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All posts for the month February, 2016

LatestTrendsInHomeAppliances

More fires start in the kitchen than in any other room. Those fires can be expensive; since even a minor incident, with no injuries, can result in significant damage. That’s why it’s important to keep up with the latest in fire prevention.

The most recent research tells us:

  • Never leave cooking food unattended. Doing so is the number one cause of kitchen fires.
  • Make sure cooking appliances, especially deep fryers, are safety certified by the appropriate government agency.
  • When using oil in a frying pan, always heat slowly at no more than a medium heat setting.
  • Always turn off stove burners and other cooking appliances immediately after cooking.
  • Never attempt to put out a grease fire with water. Use baking soda or a fire extinguisher.
  • Never remove or cover up a smoke detector due to nuisance alarms. The one alarm that isn’t a nuisance may save your life.

Finally, experts say that if you can’t put out a fire immediately, get everyone out of the home and call emergency services.

The latest trends in Home Appliances:

Modern, so-called smart appliances, are being designed to offer us more and more convenience and savings. With their feature (such as lighting, heating and cooling) controlled on demand through your phone, as well as the addition of features such as monitoring systems for plumbing leaks, these appliances are getting “smarter” every day. You might enjoy using your phone to have your coffee maker respond to your alarmHomeWorth clock, to communicate with your oven (as it walks you through recipe), or to regulate air circulation in your home (by adjusting the delivery at each register or grill, room by room). Homes are already equipped with tablets embedded in the walls of rooms that control utilities, entertainment and home security functions. So, there’s no doubt that we’ll soon become even more dependent upon smart appliances, as they help shape our modern lifestyle.

HowToPriceYourHomeProperlyInTheWinter

As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale. What you may not realize is just how significant an impact it has. Consider the following examples.

Example 1:
You price your property well above its current market value. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag, (and may even be suspicious.) They may wonder, “What’s going on?”

In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to re-ignite interest.HomeWorth

And you ended up pricing your property just a couple of percentage points lower than what is necessary to gain the interest of qualified buyers. That might not seem like much of a problem. How much can a couple of percentage points matter? Those points matter a lot.

On a $400,000 property, pricing your home just 2% lower than necessary could cost you $8,000 on the sale. That’s a serious amount of money!
So, as you can see, pricing your home right is serious business.

Example 2:
You price your property deliberately just slightly below your competition to anticipate much more interest. In today’s market specially in Toronto and Durham region this is now the going trend. A good realtor understand the market value as they all have access to the historical statistics of what property sold for in any given area right down to the specific streets.

You may be thinking why do all this? It’s simple! We are all driven by emotion and we naturally compete for our value preposition. When we see that there are nine people competing for the same house that we like and that same house we cannot live without our natural instinct is to outbid our competition. And this gives birth to the term “bidding war.” In a bidding war situation it is uncommon to see house prices go up to $60K – $90K above it’s asking price.

MLS-AlexSearchOn the flip side caution must be taken into consideration. This strategy does not work all the time and only works best in the sellers market. Timing is everything when using this strategy. But the question is how to tell when to use this strategy and how to tell the signs when to “start” and “stop” using this strategy?

This is where a well train agent comes in handy. A realtor that knows the area very well and a realtor that is familiar with analyzing historical data.

Interested in learning more about this signs?

Call today!

TypesOfLighthingForHomes

You probably don’t think buying a lighting fixture for a room is all that complicated. It isn’t. However, it does require you to consider which types of lighting you may need. According to the Lighting Association, there are three types:

  1. General lighting. By far the most common, this is the type of lighting that is designed to create a functional brightness that spreads throughout a room. A good example is a main ceiling light.
  2. Task lighting. As the name implies, this type provides extra light needed for a specific task, such as working at a desk or chopping onions on a kitchen countertop. A bedside lamp used for reading is another example of task lighting.
  3. Accent lighting. This type is designed to set off a particular feature of a room, such as a painting. It creates some practical light, but its main purpose is to add to the overall decor.

When choosing lighting for a room, it’s important to consider these three types. First, decide how best to light the space generally. Then think about any special lighting you might need for specific functions, such as reading. Finally, consider how accent lighting might add to the overall look.