UBC offers a full range of housing options in five distinct neighbourhoods to provide a unique opportunity to live, work and learn in a truly integrated campus community.
 

Even with a red hot real estate market, the key to selling your home quickly is to wow them with their dream kitchen and dining room.  Getting them to imagine themselves in your home is the best way to create a bidding war or a quick sale. The best way to do this is to stage your home, but what does a properly staged home look like?  Here is a quick overview of how to properly stage your kitchen and dining area and some tips on how to stage these areas so that they are most appealing to buyers.


Clean it up!

Before welcoming prospective buyers to your first open house, make sure that you have thoroughly cleaned your kitchen.  This may sound like obvious advice but the quickest way to lose a home sale is to have an unappealing, dirty kitchen.  Make sure to not only wipe down your counters, but take the time to clean the top of your stove and the inside of your oven.  Also, remove all fingerprints and blemishes from your cupboards and any stainless steel appliances such as the refrigerator.  Make it shine!


Maximize Your Counter Space!

Once you are happy with the cleaning job in the kitchen, the next step is to remove all of your countertop appliances, spice racks or decorative items from the counters in your kitchen.  You want to highlight and really show off the amount of counter space that is available in your kitchen.  This cannot be done if your counters are cluttered with appliances.   


Selecting a Proper Centerpiece!

A key piece to any dining room is a centerpiece for the table.  Traditionally, a bouquet or vase of flowers is used but there are other less traditional centerpieces that are as effective and may be more suited for your home.  Instead of flowers, you may want to try a colourful bowl of fruit or a decorative candle display.  If you are unsure, seek a second opinion from your real estate agent or try different approaches at different open houses.


Make it Bright!

This next tip applies to not only your kitchen and dining area but to all rooms in your house.  Make sure that when you are showing your home, have all of the lights on in every room to present each room as brightly as possible.  In your kitchen and dining area, make sure that none of the bulbs are burnt out in the chandelier and that it has been properly dusted and cleaned.  If you have track lighting in your kitchen or dining room, position each individual light so that it casts as little shadow as possible.

 

These tips should help you highlight your kitchen and dining area and make your home much more appealing to potential buyers.  If you would like more advice or have questions about the Vancouver real estate market or listing your UBC home, please feel free to contact us at www.UBChomes.ca or stop in and see us today. We look forward to seeing you soon.

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The Vancouver real estate market is hotter than ever. This is especially true in certain areas within the city such as the neighbourhoods in and around UBC. If you have been thinking about putting your home on the market, there may be no better time than now to get full value for your home. Even with a hot market, it is so important that you properly stage your home to make it a standout in the UBC real estate market.

 

Sold
Even though the UBC home real estate market is very hot right now, it is very important that when you put your house on the market it is as depersonalized as possible. A depersonalized home is an essential part of a properly staged home. A depersonalized home is more appealing to any potential buyer because it allows them to see themselves and their lifestyle in your space. If your home is cluttered or looks lived in, it detracts from not only its salability but also from the overall value of your home on the market.

 

The Minimalist Approach
When it comes to a well-staged home, the ‘less is more’ mind set is important. Make sure your home is staged with the minimal amount of furniture in each room. This minimalist approach will help highlight the floor space in each room and will allow potential buyers to create their own vision of each room. This also applies to your walls so try to keep pictures and mirrors to a minimum. Again, a cluttered home is a home that will be more difficult to sell.

 

Repair and Replace
Before you put your home on the market, take the time to look over every room in your home. This includes even the smallest details such as the screens on the windows. It is important that your house is in working order and any broken or worn parts of it are either repaired or replaced. A well cared for house is a house that will fetch full market value so do not be afraid to spend some money to get your home looking like new.

 

Fresh Paint

Once you have ensured that all doors and latches are in great working order, one of the most important parts to a well-staged home is fresh paint on the walls. This applies to both the interior and the exterior of your home. A newly painted home is a great way to attract buyers and a great way to help you get full market value for your home. When you are painting your home, try to use neutral colours for each room such as greys, taupes and tans. These colours are more appealing to potential buyers. You will be surprised how far a newly painted home goes when it comes to selling your home.

 

Shower Curtain

Other areas that you may want to replace in your home before your first open house are the shower curtain, damaged or stained curtains and any outdated or damaged lamp shades.

 

A properly staged home is a sold home. If you have any questions or need help and direction when it comes to the staging process please stop by or visit us at www.ubchomes.ca. Together we can sell your home!

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Home sales move off of record-breaking pace in July

Metro Vancouver* homes sales resembled more typical levels in July.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,226 in July 2016, a decrease of 18.9 per cent from the 3,978 sales recorded in July 2015 and a decrease of 26.7 per cent compared to June 2016 when 4,400 homes sold. 


This is the first time since January that home sales in the region have registered below 4,000 in a month.

“After several months of record-breaking sales activity, home buyer demand returned to more historically normal levels in July,” Dan Morrison, REBGV president said. 


Last month’s sales were 6.5 per cent above the 10-year sales average for the month.


“Home sale activity showed some moderating signs in late June and this carried into July,” Morrison said. “We’ll wait and watch over the next few months to see if this marks the return of more normal market trends.” 


New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,241 in July 2016. This represents a 2.5 per cent increase compared to the 5,112 units listed in July 2015 and a 10.8 per cent decrease compared to June 2016 when 5,875 properties were listed.


The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,351, a 27.4 per cent decline compared to July 2015 (11,505) and a 6.9 per cent increase compared to June 2016 (7,812).


The sales-to-active listings ratio for July 2016 is 38.6 per cent. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $930,400. This represents a 32.6 per cent increase compared to July 2015.


Sales of detached properties in July 2016 reached 1,077, a decrease of 30.9 per cent from the 1,559 detached sales recorded in July 2015. The benchmark price for detached properties increased 38 per cent from July 2015 to $1,578,300.


Sales of apartment properties reached 1,602 in July 2016, a decrease of 7.3 per cent compared to the 1,729 sales in July 2015.The benchmark price of an apartment property increased 27.4 per cent from July 2015 to $510,600.

Attached property sales in July 2016 totalled 547, a decrease of 20.7 per cent compared to the 690 sales in July 2015. The benchmark price of an attached unit increased 29.4 per cent from July 2015 to $669,000.


*Editor’s Note:  Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.


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