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Trusted Realtor | Pileggi Real Estate Team - eXp Realty Blog

Sunday, September 17, 2023   /   by Teresa Pileggi

How Much Is My House Worth?

How Much Is My House Worth?
 Looking to sell but you are not sure what your property is worth? I'd be happy to help you estimate the value of your house, but I'll need more information to provide a reasonably accurate estimate. The value of a house depends on various factors including location, size, condition, local real estate market trends, and more. Here are some key factors that can influence the value of your house:
Location: The location of your house plays a significant role in determining its value. Houses in desirable neighborhoods or areas with good schools, amenities, and highway or transit accessibility tend to have higher values.
Size and Layout: The size of your house, including the number of bedrooms, bathrooms, and overall square footage, can impact its value. The layout and design also contribute to its attractiveness to potential buyers. Special features like a pool, a modern kitchen, energy-efficient appliances, or a well-landscaped yard can increase the v. ...

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Thursday, September 7, 2023   /   by Teresa Pileggi

11 FACTORS TO CONSIDER WHEN BUYING A HOME

Buying a home is a significant decision and can be a daunting task that requires careful consideration. Here are some key factors to keep in mind when purchasing a home:
 
1.     Budget and Affordability: Determine your budget and evaluate your financial situation. Consider not only the down payment but also ongoing expenses like mortgage payments, property taxes, insurance, utilities, and maintenance costs. Be financially prepared so that it doesn’t turn out to be a financial nightmare for a long time. Choose a reputable and experienced real estate agent to guide you through the home-buying process and negotiate on your behalf.


2.     Neighborhood: Research the neighborhood's safety, crime rates, community amenities, and overall atmosphere. A visit to the area during different times of the day can help you get a feel for the neighborhood.


3.     Home Size and Layout: Decide on the size ; ...

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Wednesday, September 6, 2023   /   by Teresa Pileggi

CURRENT TRENDS IN THE HOUSING MARKET

HOUSING MARKET INQUIRIES
People often seek information on the current trends in the housing market, including price fluctuations, inventory levels, and the overall health of the real estate industry. Real estate market trends play a huge role in the housing market.


Housing Affordability
 According to the Canadian Real Estate Association (CREA), Prices have grown around 10% to 15% across the country since January, equivalent to the beginning of 2022, before the Bank of Canada’s interest rate increase of 25% basis points. Concerns about housing affordability have been on the rise, with people wanting to know about affordable housing options, government assistance programs, and strategies to save for a down payment. With rising housing prices, many individuals are concerned about affordability. People seek information on strategies to afford a home, government assistance programs, and ways to navigate the challenges of buying or renting a property. Many indivi. ...

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Pileggi Real Estate Team - eXp Realty
Tom Pileggi, Broker
P.O. Box 1665
Holland Landing, ON L9N 1P2
416-917-6566

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2023 Last Updated September 26, 2023
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