SkyFive Properties Blog

People looking to add home value are turning to a simple, but important, area: the bathroom remodel. And it’s a smart move. A midrange bathroom remodel can pull in a 70 percent return on investment. Whether you’re working on a refurbishing project or bumping up the value of your family home, the bathroom is full of untapped potential.

But it’s not always easy to know where you can get the most bang for your buck. We’re here to help. Here are five simple bathroom renovation ideas to boost the value of your home or project.

Why Bathroom Renovation Investments Pay Off

First, why is the bathroom a smart investment? Simply put: it improves a home’s livability, which makes the value pop. In fact, some markets in the U.S. have handed out triple-digit returns for a bathroom remodel. Why? The bathroom is an area that is well-used. It’s a functional space, and improving efficiency and feel can warm up a whole house.

And as investors look to the bathroom, there are more and more experts around to help kickstart a project – read more now. For anyone interested in sprucing up the bathroom, there are some simple ways to make big improvements. Renovating for profit is a great strategy for those looking to sell their home for a greater profit.

1) Brighten up the Space with Lighting

The bathroom is a room carved out for plucking, grooming, and applying makeup. That means a brighter space is a more efficient space. It also can lift the mood and feel of a home.

To illuminate your bathroom, consider updating these key pieces:

• Light fixtures
• Windows
• Mirrors

Think about light fixtures that hang. Using them alongside mirrors is an easy bathroom remodel that can create a spacious look.

2) Warm the Room with a Shower

When it comes to bathroom remodeling, updating the shower is a simple – but powerful – addition. Knocking out small, outdated tubs and replacing them with a shower can widen out a whole bathroom.

It’s also a great idea to update the shower head on existing showers. It might seem like a small change, but it can add elegance or easily modernize the entire space.

3) Air It out with Ventilation

It’s definitely not the most romantic bathroom remodel, but enhancing ventilation can make a big difference. First of all, nobody wants to deal with a stinky bathroom. But opening up the space with ventilation can also improve the functionality of the whole room. It can cut down mold or residue, make the space more comfortable, and improve breathability.

4) Get the Most out of Sinks

A smart bathroom remodeling project is sink-centric. Like shower heads, sink and faucet updates can completely modernize a bathroom’s look. To free up space and functionality, consider putting in duel sinks. This is a great way to make the space more efficient by letting more than one person get ready at the same time.

5) Tie It All Together with Tile

By refreshing tile, you can brighten up the bathroom and make it look more spacious. Wider tiling can bring an appearance of space. And repairing outdated colors or broken existing tile is a quick way to clean up the look.

Bring out the Best in Your Whole Home

You don’t have to stop with a bathroom renovation. There are plenty of more ways to boost the value of your home or project. Check out our blog here for more tips on getting the most out of renovations.

Did you know the average homeowner will have to call a plumber once every three years? Lucky for you there are almost 500,000 plumbers in the United States. And if you’re a homeowner, you’ll need to find good plumbing that you can trust. Read on for our tips on how to find a reputable plumber near you!

1. Make Sure They Have a Good Plumbing License

Verify with potential plumbers that they have a valid and current license to do plumbing work. You can also verify the kind of insurance coverage they provide. Insurance will protect you financially in case of a problem. Plumbers that aren’t licensed or insured will likely offer less expensive services. But don’t be tempted to work with anyone based on price alone!

2. Read the Reviews

Did you know that a simple Google search for a specific company will not only provide you with a contact number and website but often a collection of Google reviews? On a scale from one (bad) to five (excellent) stars, clients can review the company’s website and leave insightful comments.

Once you’ve found a plumber you’re interested in using, do a Google search to determine what their past clients are saying about their work. However, keep in mind while reading reviews that people who had a negative experience are more likely to leave a review than those who had a positive one.

This means, generally speaking, there are more negative reviews than positive.

3. Get a Few Bids

Don’t hire the first plumber you talk to. Ask for a quote on the job you’re working, and then tell them you’ll be in contact within the next few days or the week. Ask another one or two companies to quote the job for you and then select the best option.

4. Do They Offer a Guarantee?

What’s the guarantee should parts malfunction or work not go as planned? Do they offer money back? Will they fix the problem free of charge? Reputable companies know that customer satisfaction is the priority, so choose a company that’s more interested in doing a quality job than a quick one.

5. Check Out Their Specialties

It’s important to make sure that your plumber specializes in the area you are considering working on. For kitchen remodels you’ll want someone experienced in the specific equipment and current trends. Ask potential plumbers how often they work on bathrooms, kitchens, laundry, etc.

You can even ask how many of those specific rooms they’ve done in the last year.I f the number they give you doesn’t breed confidence in their ability to do a good job, you can consider other options.

Remember This!

Now that you know how to find a good plumbing, you can make the right choice for you! Explore your options, do your research, and then make a selection. And visit our Home Improvement Feed for more tips on making your house a place to call home.

You might be planning a complete overhaul of your kitchen space, or just want to update some areas to modernize the look. It’s important to consider every step carefully, so there will be no expensive surprises along the way. The following are some helpful tips for those about to embark on a renovation project in their culinary space.

Keep It Functional

Your kitchen space is one of the most functional rooms within your home, apart from your bathroom. Therefore it’s of utmost importance that the way space is used is considered and that the layout is carefully planned out before any construction goes ahead. Try and think about how you move about the space when cooking, alongside what you will need and where it needs to go. If you’re not an industry expert, it’s always a smart idea to get professional advice from reputable contractors. Make sure that everything, from your ac Installation to your mosaic flooring, is carried out to a high standard so that the space keeps working for you.

Measure It Precisely

You might be dreaming of a huge stove and a gold chandelier; however, if they don’t fit properly it can be an expensive and long-winded process to return and repurchase items. It’s, therefore, important that every area of your kitchen is measured precisely so that you’re able to choose the best fridge or inbuilt oven for your kitchen accordingly. Even though something seems like an amazing deal at the time; impulse buying items for your new kitchen will cost you dearly, in the long run. So, save your cash until you’re sure it’s exactly what you need, and crucially; what will fit.

Light It Up

Lighting is another area of a kitchen that provides essential function; but don’t forget that lighting has a major impact on the ambiance and feel on an environment too. So, it’s worth investing some thought into what would best suit your space. Warm light gives a comforting feel, so these may be best around a dining area of the room and will ensure mealtimes are cozy affairs. Cool lighting is best for preparation areas. It’s important you’re able to see what you’re prepping as clearly as possible, especially in the kitchen where sharp objects and heat are often involved.

Give It Space

Planning your countertops may seem like an obvious part of remodeling your kitchen. However, it’s easy to forget to use the space as wisely as possibly. Aside from preparation areas next to the stove; you need to think about where you’re going to be regularly placing and storing items too. For example; either side of the sink is always a high traffic area when it comes to putting down dirty dishes, pots, and pans, so considering how much room you’ll need is essential. Try to make sure your counters overhang over your cupboards and drawers, as this will ensure anything that drips down will hit the floor first, rather than sliding all the way down the doors.

Remodeling and rebuilding your kitchen is a big task to take on for any household. So, make sure every part of the process has been planned thoroughly before any work begins. If you’re able to minimize mistakes of any kind, the whole process will be an enjoyable one, and the results will be a kitchen that will last for years to come.

When opting to purchase property abroad, for either personal or investing in a developing housing market, opportunity abounds. It’s likely this opportunity is the driving force for your interest abroad, or it may simply be your interest in that culture. Of course, purchasing property is a long-term investment, so it’s unlikely to be taken lightly. For this reason, it pays to know what you’re getting into. Not only are those firms you’re to interact with worthy of studying deeply, but it’s important to reflect into your reasons for choosing a particular market to invest in.

Like all investments, property can be risky. However, with a steadfast interest in gathering correct information and verifying the security of your trade, you’re going to sleep much better at night. There’s no reason why this decision won’t be successful, so long as you keep safety and sensibility in high regard.

Consider our five simple steps to secure buying abroad. This temperance of your own attitudes and a diligence in fact checking can help you make the best decisions possibly, hopefully leading you to a secure long-term return on investment:

Vet The Agency

When investing abroad, you’re likely going to encounter a holder of the property asset, perhaps a real estate firm, or even an investment firm or individual like you. Of course, there are a million different forms of collective that the property could belong to. You might be purchasing it from a static company, or even an individual who uses this as their home. What matters is that you choose to vet both the seller and the property agent through and through. Try to look online for information about past controversies perhaps, or basically anything that could influence the potential integrity of the investment.

Look through the contracts deeply, and ensure that every single asset stated within the bundle of the property sale is present and worthwhile. Of course, sending inspectors to both ensure the property is well maintained and represents the correct value suggested is imperative. Vetting the agency can potentially help you avoid a difficulty from cropping up.

Speaking To The Owner

It can be important to begin a social relationship of some kind with the person selling you this investment. This is most important if you’re purchasing a few properties, or a truly valuable asset. Having them show you around and conducting the lip services of standard business metering can help you enjoy the best and most confident level of purchasing. It can also lend you insight into the local area, a little into why they are selling, and potentially help you develop a relationship for future purchases. While property is stable and often a reliable investment, it’s always best to curate connections with a seller who may help you invest further in the future.

This can be especially useful when purchasing property abroad. The landscape can be a somewhat alien concept to you. With someone like this on your side, or at least someone to help you familiarize yourself with property law, you might enjoy an easier purchase. Although be sure to run all and any documents given to you through a local law firm you trust, as sometimes it can be easy to

Using Technology

Technology touches all manner of business these days, and investing in property is no different. When investing abroad, this can be a life saver, because verifying certain properties and deals can be done via blockchain. To get in-depth about why this is so useful, be sure to refer to this article about how blockchain is helping real estate investors make good on their investment, and minimize the risk. Put simply, blockchain can be utilized as a true means of securing the value of an investment, especially when investing or lending in quality mortgage-backed securities.

Familiarizing Yourself With The Market

It’s absolutely essential to familiarize yourself with the market before you invest in it, that much is obvious. But consider how the law works there in the complex variables you might consider relevant to your business function in future. For example, it might be that a tangled web of approval will need to take place if you’re to ever manage to expand on your properties through the art of renovation. This delay could cost you forecasted profits, or potentially nullify the renovation itself. Familiarizing yourself with the market is considered one of the most important considerations, because it can vary wildly from country to country. Sometimes, even council by council. Zoning laws may be very different, or have many different classifications. It might even be that the area you’re hoping to invest in has recently been declared an area of untouchable beauty, meaning that any work taking place there could be truly barred from taking place.

Do you hope to move to an office abroad, and this is the purchase hopefully precipitating your move? Have you checked to see if this space is even legally qualifiable as registering a place of business for? Of course, not every investment will be plagued with the issues we have brought up here. However, it is essential to consider how even one ill-researched or litigious web of error could prevent your plans from taking place.

Planning Projects

Before you even purchase the property, it might be worth dedicating the time to studying the floor plans, and figuring out what you hope to do with it. While heading abroad to research the property is essential, the costs involved with travel, planning, supplying and many other quirks of industry could take too long if you’re not prepared. Connect with suppliers in the area. Look for similar projects. Consider nearby developments and try to figure out what operational capacities they are working with. All of this can contribute to the planning of your project in the long term, giving you more room to grow.

With these tips, purchasing property abroad should always be secure and well-planned.  Check out this infographic where they go though buying a house for the first time, restrictive covenants and plumbing when living alone.

Open houses have a major impact on property sales. In fact, one recent survey revealed 67% of respondents said an open house had contributed to a sale, either directly or indirectly.

But if you want to have a flawless open house that leads to offers on your home, you need to get it looking top-notch. Here are 5 open house tips that will get you more offers without too much fuss.

1. Don’t Be Yourself!

This sounds like an odd one, but when it comes to a home, viewers want to see themselves in it — not the previous owners. Pack away any photographs and personal items, and clear away clutter to show your home off to its best.

Another option is to call in the experts and invest in home staging, so your home will look less like your castle, and more like the turnkey space buyers are looking for.

2. Leave it Spotless

Sure it’s a no-brainer, but when preparing for an open house your home has to be sparkling clean — no two ways about it. Clean it from top to bottom, looking out for cobwebs in hard-to-reach corners, and make sure your oven gleams.

You’ll also need to check for any signs of mold or mildew that could be lurking in unwanted places. Call a mold removal service to get your walls looking fresh and clean before your prospective buyers get a whiff.

3. Spruce Up Your Outdoor Space

The first thing buyers will see when they visit your home is your front yard and everything that goes with it. To that end, make sure you clear away any weeds, tidy your flower beds, and keep any parking areas clear and visible.

If your home is looking grubby or unkempt, consider jetwashing it, or investing in a repaint for maximum appeal.

4. Keep Pets Away

We love them and they’re part of the family, but our pets aren’t welcome at an open house. Buyers may be afraid or allergic, or simply want to focus on the pleasure of viewing your home.

To that end, one of our top open house tips for sellers is to see if you can find a friend or family member who’ll take your pets off your hands for a few hours. You’ll be glad you did once the offers start rolling in.

5. Zest Some Lemons or Bake a Key Lime Pie

No, we haven’t gone crazy! In a recent survey, researchers discovered that the subtle scent of citruses like oranges, lemons or limes could add thousands of dollars to the value of your home!

Sellers have long been using scents like coffee, freshly baked bread and brownies to persuade prospective buyers to take the plunge. But experimenters revealed that citrus wins the race by a country mile.

Open House Tips – the Takeaway

Open houses are a great marketing tool to get prospective buyers through the door, and your home off your hands. Use our open house tips to ensure you have the most successful open house possible.

Keep it spotless, remove all personal items, and make an excellent first impression with your outdoor space. And if you switch the odors of your furry friends for some fresh citrus scents, you’re sure to be signing on the dotted line in no time.

Are you ready to move to pastures new, but worried about how much it’ll cost you? Check out this article on 5 ways to save money when moving home.

There are lots of people out there who dream of living in the countryside. They believe that living out in a rural area brings a lot more benefits than living in towns or cities. For instance, there is a lot less air and noise pollution. The pace of life is a lot slower than in a busy city, and many people who live in rural areas suffer considerable less stress as a result. You will also be closer to many outdoor pursuits, such as hiking and mountain biking. Because of this, many families believe that a life in the country will be a big advantage to their kids.

But is the grass always greener out in the countryside? Well, this is what you need to weigh up when it comes to buying a house in a rural location. Here are a few pointers that can help you decide whether rural real estate really is the best option for you.

Why Are You Going Rural?

Of course, the first thing you need to do is consider why you want to move to the country in the first place. It’s worth writing down the pros and cons of doing so. This can then show you whether the move will have a positive or negative impact on your family. Remember that simply being tired of the busy city probably isn’t a good enough reason to move. You need to list your priorities along with all the pros and cons. All of this information in front of you should show you whether it’s a good decision or not.

Think About The Type Of Community You Want To Live In

There are a lot of different communities in rural regions. From farming towns to areas of mainly lake homes, there is certainly a good choice. So, you just need to narrow down all of these different options to figure out where you want to live. If you still want to be close to neighbors and be part of a community, then a village might be best. However, if you do want to get away from it all, then you might be happier in a remote location. But that could bring its own set of problems. After all, you might need to drive a long time to get to work and the closes amenities.

Hunt For Neighborhood Insight

Whenever you move to a new area, it is important to research the neighborhoods. This will then give you a good idea about which is the best one for your family. The research will also highlight any areas that have a high crime problem. You’ll then know not to look for any real estate in those, as it could put your family in danger. However, you might struggle to find any of this information when looking at a rural area or neighborhood. That’s because there is little information available online about them. The best way to find out about rural neighborhoods is to quiz real estate agents. The ones showing you around potential houses should have a good general knowledge of the area.

Consider Commute Times

Most people who buy country real estate will have it as a second home. Some will buy it to retire into. If you are planning on still working, though, you need to think how your new location will affect your job. If you are staying at your current company, you might face a long commute. If you want to find a new job, you need to remember that there are fewer open positions in the countryside. So, be sure to have a work plan in place before you decide to move out to the country.

New Builds May Be Hard To Find

If you would like to buy a new build, then perhaps moving to a rural location isn’t your best option. That is because there are very few new-build properties anywhere other than in cities and towns. There just isn’t a demand for them in the countryside. Plus, it can be difficult to get planning permission to build new homes in areas of natural beauty. So, if you are determined to move to the countryside, you might need to change your idea of the best property. Instead of going for a new build, you might have to stick with a period property. Don’t worry, though; period properties don’t always turn into investment nightmares. In fact, if you put in the time and effort to renovate the property, then you could get some big returns on your initial investment.

Check The Water System

Whenever you do look at a house in the country, you should ask the estate agent about the water system. That’s so you don’t end up with a nasty surprise when you move in! Some country homes still source their water from a natural spring or well. Obviously, if you move in without realizing this, it could become a big headache for you! That’s because the property will probably have a septic tank in place. This tank will require a lot of regular inspections. Over time, it will require a lot of effort to maintain it, and you will also be responsible to pay for any repairs to it. Generally speaking, it’s often easier to just buy a house that is connected to the mains water supply.

There Could Be A Tax Break

One of the biggest advantages of buying rural real estate is that you could receive a tax break. This largely depends on where exactly you want to move to. If you buy a property with lots of land, it will also depend on how you use it. If this sounds like the kind of real estate that you want, you should look for one with existing agriculture exemptions in place. This could then cut your tax bill by around $1000 dollars each year. That’s a huge saving that shouldn’t be sniffed at!

So, do you still think that you will still invest in some rural real estate?

Property investors are always looking for new ways to make money. New locations, styles of housing, and financing options all play a part. But sometimes it’s better to take the plunge and commit to refurbishing a derelict property because of the money-making potential.

Financing can be difficult, of course, but these days there are some options, including so-called refurbishment mortgages, bridging loans, and buy-to-let loans. Property investors have options – it’s just a question of whether they can execute on a plan and take home a profit.

Get A Survey Done

You might think that getting a survey is optional for a derelict property; after all, you already know that it’s in a state of disrepair. However, investors need to see the level of disrepair in order to offer a suitable price for the property. In some situations, a property appears to be derelict because the paint is falling off or there are a couple of loose tiles, but fundamentally the building is sound. These properties, if going cheap, can actually be a bit of a bargain.

Other times, you’ll need to do expensive things, like repair the foundation or replace a supporting wall. Surveys will reveal these problems ahead of time so that you can arrive at a sensible offer. Remember, houses with serious issues are not a definite no-no, they just need to be priced reasonably.

Look For Easy Renovations

Smart investors know that one of the best ways to add value to a derelict home is to knock through and create an open plan living space. You see this kind of thing all the time in barn conversions. Find the locations of supporting walls and then take a look at the floor plan to see whether there is any scope for merging kitchen, lounge and dining areas. Also, check the bedrooms to see whether you can work in a new bedroom set or any areas would allow for an ensuite bathroom.

Check All Hidden Costs

Once you’ve generated some initial ideas for how you want to renovate a property, the next step is to get in touch with an architect and negotiate an hourly rate. Remember, though, that when planning building modifications, there are additional costs, besides the cost of the architect. You’ll have to submit your plans to the local authority, which can cost a substantial amount of money. And you’ll need to get the planning office to sign off your idea, who will also charge a fee. All these costs can eat into your overall return, so you’ll need to consider them ahead of making any renovations.

Always Plan For Contingencies

If you’re a seasoned property investor, you’ll know that renovations usually cost more than anticipated. Much more. Try to set aside around 10 to 15 per cent of your overall budget in a rainy day fund. Almost always, you’ll encounter additional problems as you carry out work. A boiler may need relocating, or you might discover mold or damp not unearthed in the survey. All of these problems will increase costs substantially.

The prospect of working in the world of real estate broking is very attractive indeed. Firstly, it offers the potential to earn significant financial rewards. Moreover, it’s a chance to help people find their dream homes. This is a recipe for success as it combines passion with profit.

However, it’s vital that you enter the new career with a plan of action. Otherwise, you could limit your hopes of success whether you realize it or not. Focus on the five aspects below, and this won’t be a problem.

Location

Real estate brokers and agents naturally want to work in affluent areas. After all, properties that sell for bigger values generate larger incomes. Meanwhile, the frequency and speed of sales are vital elements too. Even the best brokers struggle if there isn’t a thriving marketplace.

The choice of location relies heavily on direct brokering opportunities. However, your career isn’t the only contributing factor. Your choice of district impacts every aspect of your world. From commuting times to personal lifestyles, you must not underestimate the influence of the work.

This item is top of the agenda for business and personal reasons. If you want to put the best foundations in place, this aspect is not negotiable.

Revenue

Money is the main incentive of any job. The world of real estate sales is no different. This is always true, even if you love helping homeowners start the next chapter with a smile. You must find the best agreement for your personal needs. Anything less would be a wasted opportunity.

You should look at 100% commission real estate avenues. Maximized earnings and efficiency will work wonders. When you command big fees from the start, it sets the wheels in motion for long-term success. Conversely, if you settle for less in the early stages, it may plague you for years.

The hard work deserves rewards, but only you can make this happen. So make sure that you take the right steps for success.

Marketing

As a real estate broker, marketing is everything. First and foremost, you must market yourself. If your personal image screams success, potential buyers will take you more seriously. This is a significant breakthrough.

Marketing your services and the properties themselves is the real challenge, though. You should read the beginner’s guide to real estate investing for further info. When your selling skills are at the desired level, the conversion rates will soar. In turn, those conversions lead to commissions.

Knowledge is power. Perfect your craft with a deeper understanding of what people want to hear. The positive outcomes will soon follow.

Network

It is a dog eat dog world. However, you’d be wrong to think that it’s you versus the world. Build LinkedIn connections, and attend local events. Professional relationships and shared knowledge can aid your development. In some cases, it may even bring collaborations or leads.

The environment is always changing. This is your best way to stay on top of critical developments. Whether it’s the fact that 90% of homebuyers search for properties online or changes in legal processes doesn’t matter. Stay ahead of the curve, and the results will show.

If you try to go it alone, several opportunities will pass by. It’s who you know that counts. So, build a solid network and leverage success from it.

Client Needs

Everything you do is to please the clients. If you think otherwise, you won’t go far in business. If the customers are happy, you’re happy. It truly is that simple. Build a rapport with all clients on a personal level. Trust goes a long way in the world of real estate, even for commercial properties.

You should also note the differences between homebuyers and commercial property investors. Otherwise, you may alienate the clients. Given that this could end the hopes of a sale, this must not happen. Aside from direct sales, this can lead to recommendations and referrals.

Some prefer to meet face-to-face. Others like email, phone calls, or Skype. Do what works best for them, and it will pay dividends forever.

Final Word

It doesn’t matter whether you start a business or work for an organization. A winning plan of action is vital for success in real estate. While there are many additional features, the five above are crucial. Failure to get them right is not an option.

Go the extra mile from day one. Not only will it make the journey smoother, but it lets you act with confidence. That clarity alone is sure to unlock your full potential.

The township of Springwater in Ontario, Canada, is a scenic municipality with a population of 19,059 people. It includes the small towns of Elmvale, Orr Lake and Phelpston, Hillsdale, Anten Mills, Midhurst, and Minesing. It is located just an hour’s drive away from the GTA, between two prominent city centers: Barrie and Wasaga.

Springwater’s real estate prices have enjoyed a steady rise due to the desirable lifestyle the township offers. The green countrysides, heavily populated with mature trees and a Provincial Park, attract a steady influx of new home buyers. While it is Canada’s 199Th most expensive township, it features some of the most in-demand suburbs of Ontario.

An Overview Of The Township

The Springwater real estate market features homes that may appeal to everyone. The existing homes are relatively large and located on sizeable lots. They are mostly constructed with enticing, subtle detail and are located in neighborhoods that provide updated amenities and layouts. Springwater homes are generally suited to diverse lifestyles. As the community prioritizes the upkeep of natural landscape, Springwater suburbs are clean, green and picturesque. The large open park space, the small natural woods, and trail connections are an integral part of Springwater’s essence. The township has 6 elementary schools as well as two high schools. These institutions cater to a number of educational preferences, including public schools as well as private Catholic schools. This has motivated an increasing number of buyers in the last two decades to invest in Springwater.

The Surrounding Real Estate Market Of Springwater, Ontario

In Canada, the most commonly listed property is a 3 bedroom home. Ontario has the largest number of properties listed for sale to property investors, and Springwater has the 93rd largest number of listings in the province, which comprises a total of 1145 townships of similar sizes.

The data listed below will help ascertain whether Springwater is a wise investment target. It is important to note the fluctuations of stock on the market, which will be the best indicator of the effects of market pressure on the changes in prices.

The increase in stock (listings) in Springwater, as well as in the whole of Ontario, over the past 3 months, suggest there is added pressure on an easing of the prices.

Demographics

Understanding the demographics of Springwater may help conceptualize the raw data listed below.

From 2006 to 2011, Springwater has seen an increase of 4.4% in its population. It features 6691 private dwellings, 6258 of which are occupied by usual residents. Springwater also has a population density per square kilometer of 34 and is spread on over 536 square kilometers of land.

Springwater Real Estate Market: The Data

Homes (detached/townhouse)

The price of homes in Springwater, Ontario, has seen a steady increase of 4.2% this year, or on average 1% per quarter. It is, however, important to note that the average sold price of homes in Springwater vastly fluctuates from month to month. In September of 2018, the average sold price of a home in Springwater was of $735,000, or -8.9% from that of August 2018. It is, however, an 11% increase from the $651,000 average of July 2018.

From September 2018 to October 2018, the average two bedrooms detached home in Springwater sold for $772,000, or 76% more than in September of 2017. In the same time frame, the average 3 bedroom home sold for $623,000 (-4% from last year) while the average 4 bedroom home sold for $889,000. This makes for an average of $722,000, which is up 14% from last year. The average two-bedroom townhouse, on the other hand, sold for $475,000 in the past month (September 2018 to October 2018).

Apartments (Condos)

Because apartments are much fewer in number in Springwater, their market is much more prone to violent fluctuations in prices. In July of 2018, the median apartment price was of $590,000, while it has stagnated at $242,000 in the past two months.

The average apartment in Springwater has two bedrooms. Only 2 new apartments are listed every month, and the average time the properties stay on the market varies from 86 to 94 days depending on the quarter. Most apartments in Springwater are sold in the month of August.

While the data is limited, it can be inferred from the consistency of the number of apartments being put up for sale throughout the year that the Springwater apartment market is subjected to the pressures of demand and supply at a much lower extent than that of homes.

Home Listings

In the past month, the Springwater real estate market showed 88 new listings. The average length of time a Springwater home stays on the market is 42 days. In the past month, 17 new homes were sold, with an impressive 96% selling to listing price ratio.

While the prices of homes sold fluctuate during the year, the number of homes sold remains relatively constant, between 10 and 18 every month throughout the year. New listings for detached homes have increased in the past month by an average of 26%, with a whopping 125% increase in the listings of 5 bedroom homes for sale. Just in the past month, 9 new 5 bedroom homes were put up for sale, 2 new 6 bedroom homes, 24 new 4 bedroom homes, 43 new 3 bedroom homes and 4 new 2 bedroom homes.

In the past month, 4 2 bedroom homes were sold, 7 3 bedroom homes were sold, 3 4 bedroom homes were sold, but no 5 or 6 bedroom sales were made. Meanwhile, 2 2 bedroom townhouses have been sold in the last month.

Investing In Springwater Real Estate

The steadiness of market price increases, as well as the speed of sales,  suggests Springwater homes or apartments may be a viable investment. While it is among Canada’s upscale townships, it does not feature the risk of more expensive locations, which see their average sold prices fluctuate drastically. Springwater, on the other hand, has displayed constant numbers since 2006, which seem consistent with the general enjoyment of the township its inhabitant’s display.

Conclusion

Springwater Real Estate, by all means, is showing signs of a place to put your money. As we all know, numbers do not lay and according to numbers, Springwater Real Estate is the place to invest right now. Don’t be left out, make that smart decision today.

Are you brand new to real estate or struggling to get highly qualified leads? There are marketing techniques you can use that apply directly to real estate and help you be successful. You’ll end up with a lot more leads, more closed sales, and a better awareness of your personal brand. Let’s take a look at some of the tips you can implement that will help take your real estate investor marketing to the next level!

Real Estate Investor Marketing

There are a variety of proven techniques that help brands raise brand awareness, generate leads, and drive sales. A business cannot function without marketing and sales driving revenue and acquiring new clients. Here are some of the top real estate marketing tactics helping brands.

Social Media

Companies without social media are missing out. It’s one of the lowest cost forms of advertising out there today. Did you know that there are 2.34 billion active users on social media today?

Social media provides a platform and an audience without you having to create it yourself. By using social media networks like Facebook, Instagram, Twitter, and LinkedIn, you can generate leads quicker. Posting a video, a photo, or a post requires minimal time and makes it easy for potential clients to inquire.

Building Your Own Network

How are you building your network now? The best marketers focus on building valuable relationships in their community and with their target audience. If you spend your time focusing on relationships, you’ll often get referrals from people who want to purchase a home.

Building a network of professionals around you that help in the home selling process is also a strong move. Find contractors, inspectors, lenders, attorneys, and appraisers that you trust. Keep them in your back pocket and your real estate business will be strong. Visit this site if you’d like to learn more about investment financial service potential partners.

Keeping the Public in Mind

Public relations is another important real estate investor marketing tactic to apply. PR keeps your brand and business in the forefront of potential clients minds. Consistency is key by providing the public with updates on your business and where you’re at in the market.

Originality and Creativity

There are many real estate marketers out there. Being original and creative will give you a unique angle into the market. If you’re really good at one thing, focus on that one thing as much as you can. Don’t try to spread yourself too thin. People will remember you for being authentic and it will help to improve your trust within the community.

Know Your Customers

Do you know the names of your current clients and your potential customers? Adding a personal touch to the way you market and speak with prospective clients will help your business take off. People want to know that they are valued. The best way to do this is to simply remember their name – and use it when you speak with them. This doesn’t just apply to your potential clients, though. It also applies to the people you partner with and property owners in your area.

Client Testimonials

Do you have past clients who are thrilled with how you helped them find their dream home? Don’t just let them verbally compliment you. Follow up with them and ask them to leave you a written review or testimonial on your website.

With this publicly displayed, potential clients are able to easily recommend to others your services. If people can see your problem solving and promoting skills, they will be more likely to choose you over another business that has no reviews.

Word of mouth is the best marketing. Don’t feel awkward or silly about asking for a written review. Most grateful clients will be happy to give it to you.

Use Your Connections

Do you know people or companies in your community that would make good partnerships? Reach out to their Human Resources department to set up a meeting. Businesses sometimes can offer certain deals to employees that are looking to rent or buy. Your goal with these companies is to get them to do advertising for you!

Measurement of Results

An important thing to consider when you’re marketing is to make sure you’re measuring your results. Without measurement of results, it’s impossible to confirm or deny that your tactics are working. With results, you can see that tactics that are improving your lead generation and those you need to cut off. It helps to save your company’s budget by highlighting areas you need to improve.

With the measurement of your results, you should also be thinking about data analytics. Powerful data measurement helps you to understand your audience better. It provides demographics that you couldn’t receive elsewhere such as where they are from, household income, sex, marital status, etc. The more you understand where your customers are coming from, the easier it will be to market to them.

Professional Photography Services

When it comes to your listings, there is one thing you should not skimp on. You must be using a professional photography service for your photos. If you have poor pictures displayed online, people will be driven away from your listing. Pictures are the best way for a potential client to get to know the listing before making the commitment to come and view it.

User-Friendly Website

Having a website that is mobile responsive and user-friendly is important for those visiting. Define a clear call-to-action on your website so users know what you want them to do. Is it to schedule an appointment to go view a home? Send you an email? Set up a phone call? Make it straightforward.

Get Your Marketing into Action

Take the time to go through these real estate investor marketing tactics one at a time to ensure you’re putting effort into each one. The more time you spend on increasing your marketing and quality, the better leads you’ll acquire and the more sales you’ll make.

Are you interested in how to improve your real estate business in other ways? Learn more about us today.