five things to consider before...

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in this issue >>> Not intended to solicit those already under contract with a brokerage Lauren Gosse Full-Time Sales Representative Renovating Tips Market Stats Community Events Terminology Tips ...On YOUR BLOCK Find Out What Your Home Is Worth As your neighbourhood Realtor, I will be happy to assess the Current Market Value of your home and talk about any Real Estate queries you may have. It is always a pleasure! Please do not hesitate to call. 289.690.4750 or 905.723.5944 Direct: 289.690.4750 Office: 905.723.5944 www.LaurenGosse.com Five Things To Consider Before Renovating 1. Determine Goals And Inspirations. If you want a new bedroom for a new baby or if you want your house to be more Zen, those are your goals and inspirations, and that should guide you through the process. You won't be happy with what you get unless you have some expectation for it and achieve that. 2. Space Planning. Whether it's a new build or a fixer -upper, it's important to take note of the prominent features that distinguish your property. If you're looking at re-doing your living room, do you have beautiful light that comes in? Looking at your assets and determining how you can best use those, that's part of the space- planning process. 3. Budgeting. While determining how to divvy up funds is typically top of mind when it comes to renovations, allocating how to devote your time is just as integral to the process. If you have a certain budget in mind for your home and time, you need to communicate that to people you're working with. Individuals with a small budget will likely be taking the DIY path and doing much of the work and decision-making on their own. 4. Finishes. Now comes the fun part choosing the finishing flourishes that will form the "after" part of your reno. Individuals ready to rip out their carpet or revamp their existing flooring have several options. It's an important part of the process to understand your options, as if you have a crew waiting to do other work for one week or you have other accommodations, that's a week worth of cost. 5. Furniture. Costs can quickly mount if you replace your love seat, armchair and sofa all in one go. When opting to invest in the largest pieces for your space, Greaves says it's best to consider selecting classic shapes and styles which will have more longevity. Source: www.huffingtonpost.ca www.LaurenGosse.com

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Page 1: Five Things To Consider Before Renovatingimages.kw.com/docs/3/8/1/381387/1486659338109_February.pdf · process. You won't be happy with what you get unless you have some expectation

in this issue >>>

Not intended to solicit those already

under contract with a brokerage

Lauren Gosse

Full-Time Sales Representative

Renovating Tips

Market Stats

Community Events

Terminology Tips

...On YOUR BLOCK

Find Out What Your Home

Is Worth

As your neighbourhood

Realtor, I will be happy

to assess the

Current Market Value of

your home and talk

about any

Real Estate queries you

may have.

It is always a pleasure!

Please do not hesitate to call.

289.690.4750 or

905.723.5944

Direct: 289.690.4750 Office: 905.723.5944

www.LaurenGosse.com

Five Things To Consider Before Renovating 1. Determine Goals And Inspirations. If you want a new bedroom for a new baby or if you want your house to be more Zen, those are your goals and inspirations, and that should guide you through the process. You won't be happy with what you get unless you have some expectation for it and achieve that. 2. Space Planning. Whether it's a new build or a fixer-upper, it's important to take note of the prominent features that distinguish your property. If you're looking at re-doing your living room, do you have beautiful light that comes in? Looking at your assets and determining how you can best use those, that's part of the space-planning process. 3. Budgeting. While determining how to divvy up funds is typically top of mind when it comes to renovations, allocating how to devote your time is just as integral to the process. If you have a certain budget in mind for your home and time, you need to communicate that to people you're working with. Individuals with a small budget will likely be taking the DIY path and doing much of the work — and decision-making — on their own. 4. Finishes. Now comes the fun part — choosing the finishing flourishes that will form the "after" part of your reno. Individuals ready to rip out their carpet or revamp their existing flooring have several options. It's an important part of the process to understand your options, as if you have a crew waiting to do other work for one week or you have other accommodations, that's a week worth of cost. 5. Furniture. Costs can quickly mount if you replace your love seat, armchair and sofa all in one go. When opting to invest in the largest pieces for your space, Greaves says it's best to consider selecting classic shapes and styles which will have more longevity.

Source: www.huffingtonpost.ca

www.LaurenGosse.com

Page 2: Five Things To Consider Before Renovatingimages.kw.com/docs/3/8/1/381387/1486659338109_February.pdf · process. You won't be happy with what you get unless you have some expectation

Current Market Statistics

Lauren Gosse

Full-Time Sales Representative

www.LaurenGosse.com

Community Events in Durham

Heart to Heart Gala When: February 25, 2017 from 6:00pm to 1:00am Where: Deer Creek Golf & Banquet Facility, 2700 Audley Rd North, Ajax

Pickering Rotary 30th Music Festival When: February 25, 2017 from 2:00pm to 5:00pm Where: Dunbarton Fairport United Chucrh, Pickering

Oshawa Generals VS Peterborough Petes When: February 26, 2017 from 6:00pm to 8:30pm Where: General Motors Centre, 99 Athol St E, Oshawa

An Evening With Spirit Hosted by Medium Sherry Gallant When: March 4, 2017 from 7:00pm to 9:00pm Where: OSHAWA LITTLE THEATRER, 62 Russett Ave, Oshawa

FREE PUBLIC SKATE - Scugog Community Recreation Centre When: March 16, 2017 from 1:00pm to 2:30pm Where: Scugog Community Recreation Centre

If you have an event you would like advertised in next months newsletter please feel free to email me the details.

Strong Start to 2017

February 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in January 2017. This result was up by 11.8% compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condominium apartments than for low-rise home types.

January 2017 picked up where 2016 left off: sales were up on a year-over-year basis while the number of new listings was down by double-digit annual rates for most major home types.

"Home ownership continues to be a great investment and remains very important to the majority of GTA households. As we move through 2017, we expect the demand for ownership housing to remain strong, including demand from first-time buyers who, according to a recent Ipsos survey, could account for more than half of transactions this year. However, many of these would-be buyers will have problems finding a home that meets their needs in a market with very little inventory," said Cerqua. The MLS® Home Price Index (HPI) Composite Benchmark price was up by 21.8% on a year-over-year basis in January. Similarly, over the same period, the average selling price was up by 22.3% to $770,745, with double-digit gains in the average prices for all major home types.

To view the full Market Watch Report, visit www.LaurenGosse.com

Graciela Cubias

Aaron Johnson 905 -213- 0283 [email protected] Mortgage Broker License #-M12001422

905.666.8166

Mortgage: the legal document by which the buyer transfers to the lender an interest in real estate to secure the repayment of a debt.

Mortgage: the legal document by which the buyer transfers to the lender an interest in real estate to secure the repayment of a debt.

Mortgagor: The borrower who takes a loan from the lender and pledges his property as a security for repayment.

For more information on the process of buying or selling a home,

contact Lauren at 905-723-5944 [email protected]

Terminology Tips