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Archive for the ‘Recently Sold’ Category

Be True to Your School

Thursday, June 9th, 2016

A private school may be too costly, a public school too basic and a catholic school, too religious. There are clearly a number of options parents have today when choosing a school for their little ones. But the question we want to address is whether or not the quality of a school should affect your decision to purchase a home.

Believe it or not, this is a growing trend among home buyers. According to the National Association of Realtors in the U.S., proximity to top schools is one of the most influential factors in making a decision to purchase a house. The association found that 29 per cent of buyers listed school quality and 22 per cent cited closeness to schools as deciding factors in purchasing a home.

Often a good school means the neighbourhood in which it resides is also a good one. Look for safety stats and services such as Neighbourhood Watch programs, access to public transportation, and amenities such as parks, restaurants and places of worship.

It’s said a great school district can buoy a neighbourhood’s prices even when the market turns down so there is good reason to choose an area based on its schools.

A good school often means you can ask a higher selling price.  Though resale values and home equity may seem like far-off notions to you now, they are something you should always be thinking about when buying a home. Homes situated in good school districts are not only valued higher, they also take less time to sell.

But perhaps the best reason that should influence you buying in an area known for its schools is your children. It’s natural to want a better life for your kids and school is a defining part of their formative years so choose wisely.

Thanks to the introduction of standardized testing in Ontario schools in 1995 parents have an easy way to evaluate schools, though educators and non-educators alike will tell you that EQAO results shouldn’t be the only determining factor of a school’s quality.

Still, the scores are worth noting when schools are a top consideration for which neighbourhood you will choose to live in. Once a year, the Fraser Institute publishes a national report card on elementary and secondary schools across the country. Thanks to data gleaned from mandatory province-wide literacy and math tests the FI awards public schools a ranking out of 10 with 1 being the lowest.

For the full FI report visit https://www.fraserinstitute.org/sites/default/files/ontario-secondary-school-rankings-2016.pdf

For info about its interactive school website rankings visit  http://ontario.compareschoolrankings.org/secondary/SchoolsByRankLocationName.aspx

Spring Never Looked So Good

Friday, February 28th, 2014

When realtors and business media go on and on about there being a hot real estate market in which bidding wars on homes are the norm do you, as someone who’s been out of the real estate market for some time, think it’s all a bunch of hooey designed to provoke people into a flurry of buying and selling?

We understand your suspicion. But truthfully, the upcoming spring real estate market may simply be the best time to sell your house thanks to the swelling fervour of Toronto buyers.

Recently, one of our listings for a single-family home near the AGO generated 28 offers to purchase. In the end, the home sold for $500,000 over what the owners were asking.

That’s right, we said $500,000 over the asking price.

With that many buyers and so few sellers, prices are being pushed through the roof. Selling your house now may be as good as it’s going to get.

At Freeman, you’re sure to get an intelligent sales strategy for selling your property thanks to our 40-plus years of experience in the Toronto housing market. That know-how permeates everything we do, from offering free evaluations and a plan of action as to how we’ll execute your sale, to getting the greatest value for your house and doing so in a fashion that creates the least amount of worry and hassle for the seller.

Our track record from the number of days it takes to sell a property to the average sales price to how much over asking we typically receive beat the Toronto Real Estate Board’s numbers every time during 2012 and 2013.

“We want it to be easy for you,” says Elden Freeman, “and we want you to feel comfortable especially now when you can get caught up in a frenzy or excitement of the current marketplace.”

According to the Toronto Real Estate Board’s Jason Mercer, the outlook for sales for this year is positive with 89,000 transactions forecasted for the Toronto MLS system.

While house prices will grow by about six per cent with an average price set at $555,000 for 2014, the competition for those houses is expected to heat up even more. That’s because the number of listings on the market will remain limited.

We understand that it’s natural to be doubtful about the real estate market as it is today with record sales figures and multiple bids. Selling your home is a big step, whether you’re planning to downsize, move up or make a lateral move.

As realtors with an outstanding track record, we’re here to help you through the process each step of the way.

 

 

 

 

 

 

 

 

 

 

Sold Listings

Tuesday, July 31st, 2012

Sold listings coming soon!

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