Wednesday, June 9, 2010

Hosting a Successful Yard Sale

If your annual spring cleaning ritual has produced a mountain of unused and unwanted items, you may want to think twice before you simply toss them out. How about a yard sale to turn some of that "junk" into someone else's "treasure?"

Each weekend in spring and summer you'll find yard sales popping up in neighbourhoods everywhere. And, where there are yard sales, there are yard sale "junkies." For many people, scouring yard sales for a bargain on a Saturday morning is an art. Why not take advantage of that fact to make some cash off your cast-offs and have fun while you're at it.

The Ontario Real Estate Association and your local REALTOR® offer the following tips to host a successful yard sale:

First, settle on a date and time for your sale. Weekends are virtually universal for yard sales, and most run from 8 or 9 a.m. until 4 or 5 p.m. You'll also need to set a rain date, usually the next day if your sale is on a Saturday, or the following weekend if your date is Sunday.

Most sellers advertise by posting signs on lamp posts and hydro poles. This is a more effective way of letting people know you're open for business than you might suspect. Veteran buyers (see below for more) will scout a neighbourhood during the week looking for telltale flyers. Many of your customers will use this method.

Have someone present at all times. Theft is unlikely, but many sellers have learned the hard way that it does happen. Placing valuable items closer to your sales desk is a good idea.

Running out of change is also a problem that plagues many sales. As most of your transactions will involve small amounts, it never hurts to have $50 or more in small bills and loonies and twoonies at hand. Buyers will often stop at a bank machine before they come, so expect to get a lot of tens and twenties early in the day.

Think like a yard sale buyer
The ability to deliver the kind of goods and service that buyers want is perhaps the most important factor in the success of your sale. There are a number of items that are always in high demand: art, antiques (even distressed pieces), furniture, appliances, electronic equipment, tools, and lately, computer games and accessories. If you have goods in any of these categories, mention them in your flyer or ad.

Surprisingly, many veteran yard salers are not interested in old clothing. Unless you've got something special to offer, you can expect to turn much of your old wardrobe over to charity.

As to pricing your goods, nothing turns away a potential buyer more than a price that is too high. You can always expect haggling, but most won't even bother if you price an old lamp at $20, when similar items can be had for $5. The best plan of action is to attend a few sales the week before, and find out the going prices.

How you physically place your goods can also make a big difference. Don't clutter up your yard, and make sure your items are separated by category. This is a great opportunity to be creative. For example, there is a mini‑boom in memorabilia from the 50s, 60s and 70s. Believe it or not, the old Lava Lamp you consider trash, might be exactly what someone else is looking for.

Another good tip that will help make a sale is to offer free coffee to your visitors. A friendly face and a free cup of java can do wonders. Or if you want to get the kids involved, have them set up an old-fashioned lemonade stand and charge five cents a cup.

Depending on the type of items you're selling, you can expect to make as little as $20 or as much as a couple of hundred.

Finally, the success of a yard sale is measured by the amount of additional space you have in your house after the yard sale is over, and the amount of money you make. Now you may be tempted to run out and purchase more items that will likely end up in your next yard sale. But, why not celebrate your success by spending the money on dinner at a nice restaurant for the family and whoever helped at the sale.

REALTOR® is a registered trademark of REALTOR Canada Inc., a company owned equally by The Canadian Real Estate Association and the National Association of REALTORS® and refers to registered real estate practitioners who are members of The Canadian Real Estate Association. Used under license.

Source: OREA

Tuesday, March 2, 2010

Bathroom Makeovers

Today more and more homeowners are directing their energy and creativity towards redecorating the bathroom. Be it the family bath, or the master ensuite, the primary focus is on increased luxury comfort and convenience. Many homeowners are looking for new ideas to make their existing bathrooms larger.

Get the most from your space
Redecorating a small bathroom is a common design problem. If you can't expand the room, either by building an addition or by incorporating space from a nearby bedroom or closet, here are some ideas to help you get the most out of the space you have.

There are many ways to give a bathroom a facelift. You can make it visually larger by decorating with light colours. Large prints and bold stripes tend to overpower a small room. Stick to small prints whether you are painting or wallpapering. Limit your accessories. Remember, less can be more!

Try to create a sense of continuity. Bathrooms are chopped up enough by fixtures, so paint and wallpaper walls and ceiling the same colour.

When choosing a wallpaper make sure it is a good vinyl, that isn't prepasted. Wallpaper paste is water based and if the shower isn't ventilated properly, the vapour may cause the wallpaper to lift from the wall. When you paste by hand, use an oil-based glue.

Update your fixtures
Whether you are bold, colorful, soft or subtle, there are fixtures available that will reflect your persona and express your style. Everything from hand painted porcelain fixtures complete with matching gold plated faucets, to a variety of natural fixtures including granite, marble, onyx and teakwood are available. Leading manufacturers now work in harmony to create colour coordinated bath products.

If your colour fixtures are outdated, and new ones are out of the question, consider having them refinished. White is always a classic and an excellent choice.

Shower curtains can also make a room visually larger. Choose a clear shower curtain with a solid colour fabric curtain. And mirrors are another good trick to visually expand your space. A long mirror with plenty of lights increases the visual space and prevents having to jostle for mirror space when two people are using the bathroom.

Storage solutions
If you are planning to change your fixtures, you may want to consider replacing your vanity and sink with a pedestal sink. This will give you more floor space, but you will lose some storage space. Storage space problems can be solved in a variety of ways. Wall-mounted cabinets are a great way to hide bathroom clutter, without taking up valuable floor space. Units can be installed above the toilet, above the mirror or in the deck space below a raised bathtub. If you purchase a low profile toilet, there will be even more room for wall-mounted storage above. Choose cabinets that are no more than six inches deep so they don't get in the way.

Extending your counter-top over the back of the toilet is known as a "banjo top" counter. Be sure there is enough clearance space to raise the tank top should it require service. Open shelving between the toilet and vanity creates handy storage space, looks less bulky than closed storage space, and eliminates the need for clearance for a cupboard door.

A plastic coated wire mounted on a pegboard above a low profile toilet is another way to create storage space and works well as a decorative element.

If you don't have room for a shower stall, try installing a rounded shower base in the corner of a small bathroom, leaving no corners to jut out into valuable floor space. A folding door eliminates the need for clearance space between the pedestal basin and door. If your bathroom is too narrow for a standard vanity, ask your designer or contractor to build a bank of cabinets half as deep. Install a bump out sink because a regular drop in bowl won't fit in this type of cabinet. Since lower cabinets will be shallow, you won't have to reach as far for supplies.

Both light and ventilation are important in a bathroom. Light expands the space and prevents shadows. Ventilation keeps air circulating. A combination fan forced heater/ventilator/ceiling light allows all three work separately or together. This eliminates the need to buy three different fixtures.

Whatever your decorating style, there are a host of new patterns, colours and designs available that will reflect your particular tastes and serve to make your bathroom more functional.

REALTOR® is a registered trademark of REALTOR Canada Inc., a company owned equally by The Canadian Real Estate Association and the National Association of REALTORS® and refers to registered real estate practitioners who are members of The Canadian Real Estate Association. Used under license.




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SOURCE: OREA

Tuesday, February 16, 2010

A New Kitchen for Your Home?

If you are looking for the best bang for your renovation dollar, kitchens and bathrooms are still considered to be the projects with the highest potential to add or maintain value in a home.

If you are considering selling your home in the near future, talk to a REALTOR® for tips on how to make your home more appealing and “saleable.” You may find that a new kitchen is not in your best interests and a fresh coat of paint and some minor repairs are all that’s needed. Because renovating a kitchen can be one of the more expensive projects a homeowner will undertake, you’ll want to consider the length of time you expect to stay in your house.

According to the Appraisal Institute of Canada, if you are remodelling your kitchen as a face-lift prior to selling it, it’s recommended that you spend no more than 10-15% of the cost of your house. If you are going to remain in your house for more than five years, you can spend 25% or more – and in most cases you will recoup the cost of the renovation when you sell.

How much will it cost?
Kitchen renovations can cost you anywhere from $2,000 to $3,000 for a cosmetic facelift with no new cabinets, plumbing or electrical changes. Look to spend at least $10,000 if you choose new low-end cabinetry, counters, appliances, flooring, paint, and some minor structural changes. However, the sky’s the limit when it comes to a new kitchen and you can expect to pay $20,000 and up for high quality cabinets, custom work and many upgrades.

Keeping costs down
There are ways to cut costs when updating your kitchen without sacrificing quality.

Regardless of what you do budget, don't skimp on design, appliances, or labor. These are the basis for a functional kitchen and you should get the best you can afford. To keep costs to a minimum, use stock cabinets instead of custom work, laminates instead of solids, and hang on to your current appliances, if you can. Also try to keep your existing plumbing and electrical and don't make structural changes to the room.

Planning ahead in detail will also save you money. Any changes or corrections halfway through the process will be expensive.

Tips for low cost kitchen makeovers
If your budget is tight and smaller projects are what you’re aiming for, here are a few ideas:

Resurface or repaint old cupboards
Paint is inexpensive and can transform wooden cupboards in a matter of hours. Try a new painting technique, or a textured look, or a zesty combination of colours. You can also resurface old cupboards with wood laminate, or one of the new, non-traditional plastic-based materials that resist chipping, denting and staining. Formica counter tops, for example, provide the look and feel of expensive solid surfacing at about half the cost.

Use more glass
Replace a few cabinets with glass ones. Glass and mirrors in a room add the illusion of more space, as well as glamour -- especially if you add interior lights to your new cupboards.

Change your hardware
Simply adding new cabinet and drawer handles can change the look of a kitchen! With the many choices in colour, size and style of drawer knobs and handles, there’s no limit to what you can achieve.

Floor and wall facelifts
Paint, wallpaper and flooring in a variety of textures, styles, colours and patterns can easily spice up a bland kitchen. Stencil a border around a window, below a ceiling, or between the cupboards and the counter tops and you can change the mood overnight.

Be innovative
A good kitchen should not only look great, but stand up to daily wear and tear. It should function well and enable people to move freely between it and related areas of the house.

If you plan to completely remodel the kitchen, be honest about your ability. You may want to leave this important job in the hands of an expert who can do the work quickly and professionally. A kitchen designer/contractor can suggest unique ideas and come up with creative solutions to particular problems. Finally, be sure to get at least two bids on the work you plan to do and compare these carefully.

REALTOR® is a registered trademark of REALTOR Canada Inc., a company owned equally by The Canadian Real Estate Association and the National Association of REALTORS® and refers to registered real estate practitioners who are members of The Canadian Real Estate Association. Used under license.

SOURCE: OREA

Friday, February 12, 2010

REALTORS Care About Their Community

Keeping Warm and Safe This Winter




Your heating system

A heating system converts fuel into heat which then flows through a house. The efficiency of a heating system depends on the amount of fuel consumed to meet heating needs. Using less fuel means your system has increased its energy efficiency.

Check your heating system first
One way to maximize output using the least amount of fuel is to reduce air leakage. Before deciding to replace or upgrade your present heating system you will have to consider how much of your present system can be saved. Are the heating ducts or water distribution pipes in good condition? Oil and gas fired furnaces require a constant supply of air to operate, because fire needs oxygen to burn. An air-starved furnace can cause carbon monoxide to build-up in quantities that can be dangerous.

Additional ventilation can sometimes be required in houses with heating systems that require little or no indoor air, electrically heated homes, homes with chimney-free condensing furnaces, or houses with a fuel burning furnace enclosed in a room with air for combustion from the outside.

Improve heating efficiency
If you decide to change your system, you'll have to consider what type of fuel you want to use. Cost and availability of fuel is usually the deciding factor. If you're keeping your present system, here are a few ways you can improve its operation.

Hot air ducts are notorious wasters of heat and money. If your basement feels too warm, too much heat is probably seeping out of your ducts. You can seal all joints and seams in the ducting with vinyl duct tape. With forced air-systems, the furnace filters should be changed regularly.

With hot water systems, the exposed accessible heating pipes should be insulated with flexible foil- faced fiberglass at least 19mm thick. If there is an aquastat on the boiler, (a water temperature control) the water temperature can be reduced to about 49 Celsius of 120 Fahrenheit during warmer parts of the heating season. (If your boiler is made of stainless steel, or if your main boiler also heats your domestic hot water, you shouldn't reduce the water).

"Downsizing" your oil furnace can reduce fuel bills by seven to 10 per cent. Retention head burners mix the air and oil spray very quickly which permits the combustion of oil with less air. Less air entering the burner means that less heat escapes out the chimney.

If you think you might be having problems with household air supply, contact a registered heating contractor for advice. Source: OREA