Your May MFR Real Estate Update - Modern Family Realtor

News

Check out market updates

Your May MFR Real Estate Update

The MFR team is here to support you during these challenging times.  We wish for you and your family to stay safe and healthy.

During this trying time, it’s not surprising that so many homeowners are anxious and exhausted. Perhaps you’ve been feeling the same way. If so, keep in mind that the COVID-19 outbreak will eventually wind down and, hopefully, things will be back to normal soon.

We’re all in this together – and we’ll get through it. The MFR team is always here to help!

As you probably already know, a key to getting through challenges like this one is to remember to reach out for help when you need it. That’s why I’ve been making myself fully available to those who have real estate questions or need advice and help.

As a real estate professional, I have access to the latest data and information, and can give you a clear picture of what’s going on in the local real estate scene. I can offer you some clarity, which is so important in a time of so much uncertainty.

So, please, don’t hesitate to reach out to me. I’m here to help.

Paul Chan
Founder Modern Family Realtor

Sales Representative Right At Home Realty Inc., Brokerage
D: 416.705.2444
E: [email protected]com
“The highest compliment you can give me is a Referral!”

New Listing – 28 Ted Rogers Way 1003 – Buy or Lease

Looking to buy or lease your first home or a downtown Toronto investment property near Yonge and Bloor!
Beautiful luxury condo by award winning Monarch near Yonge and Bloor.  The Couture has a 97 walk score – only steps to subway, Yorkville, Yonge St, U of T and Ryerson.  Floor to ceiling windows, 9 ft ceilings, laminate throughout, modern kitchen with stainless steel appliances and granite counters. Great amenities with 24hr concierge, indoor pool, hot tub, exercise room and party room. Includes an excellent parking space and locker on P2. All furniture is included.

For sale at $639,900 and short term or long term lease for only $2,200!  Check out modernfamilyrealtor.ca for more pics and details.

Please email the MFR team for more information or call me directly at 416-705-2444. Paul

Healthy Lighting for Your Home

Recently, researchers discovered that the lighting in your home can have a much greater impact on your health and well-being than originally thought. Better lighting can boost your energy, help you sleep better, and even enhance healing.
So, it pays to make sure the lighting in your home has a positive impact on the health of your family.

Start by enhancing sources of natural light, such as windows and skylights. Study each room of your home and replace as much of the artificial light as possible with sunlight. For example, reposition a favourite reading chair next to a window.

Consider dimming the lighting in your home during the evenings. If your home is very bright when it’s dark outside, it can affect your body’s natural rhythms, resulting in disturbed sleep.

Avoid over-lighting, which is common in rooms where there are few windows. Over time, excessive light can cause headaches and even mood changes. Lighting that is sufficient to see everything clearly is all you need.

Estimating Your Selling Costs

When the time comes to sell your house, you’ll want to determine roughly how much you can expect to net after the sale. To figure that out, you’ll not only need to know how much your house will likely sell for, but also the selling costs you are likely to incur in the process.
The costs of selling vary depending on a number of factors. Here’s a general rundown of what to consider:

  • Repairs. You will want your house to look its best to buyers. That may require you to get any needed repairs done before listing. You don’t want a buyer to see a dent in the wall or a dripping faucet.
  • Renovations. It might make sense to get a few improvements done to make the house more attractive. For example, you may want to replace old and worn kitchen countertops.
  • Legal fees. Selling a house requires a lot of legal work. You’ll need a good real estate lawyer to take care of that for you.
  • Commissions. This is usually calculated as a percentage of the sale price.
  • Moving costs. Once you sell, you’ll obviously need to move! So, factoring in this expense is a smart idea.

Although this may seem like a long list, selling costs are fairly easy to estimate. Once you have that number, it’s easy to calculate how much money you’ll have available to put towards your next home.

Leave a Reply

Your email address will not be published. Required fields are marked *