SERGEY KOROSTENSKY GROUP Blog

Friday, November 27, 2020   /   by Sergey Korostensky

What Factors Impact the Timeline for Selling a Home?

A number of factors can come into play when it comes to the timeline for selling your home. Let’s take a look.
Location and neighborhood desirability have traditionally impacted marketing the most. Good location and community appeal attract more interested buyers and can greatly reduce the number of days your home is on the market.
When interest rates are low and the economy is doing well, there will be more qualified buyers. An often-overlooked factor in the loan qualification process is that the house must also qualify for the sought-after loan. A home with lots of deferred maintenance or significant code violations runs the chance of receiving a negative appraisal for the buyer’s loan, potentially causing the deal to fail and the house going back on the market in search of a cash buyer.
A home’s age and amenities will influence a buyer’s decision to make an offer. A home will sell faster if it is in move-in condition, with a buyer having to do very little ...

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Friday, November 27, 2020   /   by Sergey Korostensky

8 Ways to Increase Your Home’s Value without Breaking the Bank

Elevating your home’s value does not mean having to drain your savings.
Take a look at these great suggestions.
Under $200
Outdoors are as important as indoors. Liven up your yard by planting a new tree or some native shrubs.



Older carpets and rugs can harbor odor-causing soil, so invest in new fresh floor coverings.


$200-400
For a few hundred dollars, you can enhance the first impression of your home by hiring someone to help detail your yard, especially if it is starting to look rough around the edges.
Having things clean and fresh will attract even the most finicky buyer, so indulge in a professional cleaning service to scrub your home from floors to ceilings.



Visually decluttering your home and giving it a more spacious feeling can be accomplished by changing out bulky curtains with blinds or shutters.


$400-1000
Revitalizing your kitchen and baths with new tile flooring can often be done for under $1,000 and reap far greater rewards. ...

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Wednesday, October 14, 2020   /   by Sergey Korostensky

Alberta’s big cities are among Canada’s most affordable

Calgary and Edmonton are the most affordable major markets for first-time home buyers and offer more ‘elbow room’ than cities such as Toronto or Vancouver, says Jannine Rane, head of communications at Zoocasa, an online real estate information portal.
“To understand how current home prices compare to the past, Zoocasa used data from the Canadian Real Estate Association to highlight trends in benchmark home prices for apartments and single-family homes in 15 Canadian regions over the past five years, (highlighting) the extent to which benchmark home prices grew or contracted in each region and offering a glimpse at where housing is more or less affordable than it was five years ago,” says Rane. “Overall, the Canadian benchmark apartment price rose a staggering 52 percent in five years, from $315,600 in August 2015 to $478,700 in August 2020. The benchmark price for single-family houses across Canada rose 40 percent from $486,800 to $683,400.”
Canada ...

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Tuesday, October 6, 2020   /   by Sergey Korostensky

“Home” Ward Bound October 2020

“Home” Ward Bound
Impactful Real Estate News
 
October 2020
Sergey Korostensky
Real Estate Professionals Inc. 
 



Go Ahead… Give Your Self a Real Treat This Month!
 
The month of October can be a spooky month, maybe even a scary month with monstrous problems. Yikes!! Well maybe not, but words like that seem to be popping up everywhere as kids and adults alike look forward to Halloween.  
 
In fact, according to the Global News, adults spend more on themselves to celebrate Halloween than any other day during the year. I get that. Especially if they want to hang out with the kids to go trick or treating, or to a Halloween party of some kind.  
 
For many homeowners and home buyers though, they are truly scared.  Scared to death of how in the world they are going to get out of their house and into their next one (the trick).    

My Treat: As a result of working wit ...

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