Greg Thornton & Colin Thornton  

Top 10% of Greater Vancouver REALTORS® for 29 Years ! In Listing, Sales, & Dollar Volume!


``Modern Day Marketing Techniques With Old Fashioned Service``

RE/MAX Sabre Realty Group 604-942-0606

102-2748 Lougheed Hwy, Port Coquitlam, V3B 6P2

            

Greg Thornton
Cell:604-644-8252
Office:604-942-0606
Toll Free:1-888-942-0606

Colin Thornton
 

 

-  Sabre The Autism Support Dog

 

-  Children's Miracle Network

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Using Neighbourhood Data to Help Sell Your Home

 

Your neighbourhood has a lot of features that can help sell your home faster. Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood.

 

For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate we measure the area’s “turnover rate”, and it’s handy data to have when listing your home.

 

Another bit of data that buyers can’t simply see is the local crime rate. But, most police departments keep those statistics. If your neighbourhood has a low crime rate, that’s an obvious plus to sellers.

 

Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids.

 

Even local development plans can play a role in making your home more attractive to buyers. If a new ramp to a major highway is in the works nearby, getting to work is going to be easier. That’s a big benefit to commuters.

 

Other types of data that can help sell your home include:

 

  • Planned local construction.
  • Proposals for neighbourhood improvements. (For example, a new playground.)
  • Rates at which local property values are increasing.

 

Any information that shows the advantages of living in your area is going to be useful when selling.

 

By the way, this is the kind of information I put together to provide to prospective buyers when selling your home. Contact me today.

 

 

Should You Rent Out Part of Your Home?

 

Have you ever considered renting out a room to a student or renovating your basement into a self-contained rental apartment?

 

It’s a big decision. There are many pros and cons to consider.

 

On the pro side, renting can provide you with additional income. An extra few hundred dollars a month can go a long way towards paying down your mortgage or splurging on an exotic summer vacation.

 

Creating rentable living space in your home — for example, an “in-law suite” featuring a kitchenette and bathroom — may also increase your property’s market value.

 

On the con side, you’ll have more costs and responsibilities as a landlord. For example, you might need to purchase extra insurance because basic home insurance policies typically do not cover rental units, even if you’re just renting out a room. You’ll also be responsible for dealing with repairs sometimes in the middle of the night.

 

Also, if you’re not careful about the renter you choose, you might end up with a “problem tenant”. For example, you could have a tenant who is consistently late on rent payments or simply stops paying. That can be stressful.

 

If you’re deciding whether or not to rent, be sure to check local laws and regulations. Many jurisdictions have very strict rules regarding renting out space in a residential property, and those rules change frequently. Make sure you get the latest information.

 

 

 


 

Greg & Colin Thornton RE/MAX Sabre Realty Group

604-942-0606 Info@TheThorntonGroup.Ca

Successfully Representing: 

Port Moody: College Park, Glenayre, Port Moody Centre, North Shore Port Moody, Anmore, Belcarra, Barber Street, Heritage Mountain, Heritage Woods, Ioco, Mountain Meadows, Westwood Summit (Port Moody).

 
Coquitlam: Burke Mountain, Canyon Springs, Cape Horn, Central Coquitlam, Chineside, Coquitlam East, Coquitlam West, Eagle Ridge, Upper Eagle Ridge, Harbour Chines, Harbour Place, Hockaday, Maillardville, Meadow Brook, New Horizons, North Coquitlam, Park Ridge Estates, Ranch Park, River Springs, Scott Creek, Summit View, Westwood Plateau, Westwood Summit (Coquitlam).
 
Port Coquitlam: Birchland Manor, Central Port Coquitlam (Downtown), Citadel Heights, Glenwood, Lincoln Park, Lower Mary Hill, Mary Hill, Oxford Heights, Riverwood, Woodland Acres.
 
Pitt Meadows: Central, Mid, North, South, West.
 
Maple Ridge: Albion, Cottonwood, East Central, West Central, North Maple Ridge, Northeast Maple Ridge, Northwest Maple Ridge, Silver Valley, Southwest Maple Ridge, Thornhill, Websters Corners, Whonnock.
 
Other areas of service include: Surrey, Langley, Cloverdale, Burnaby, Mission, New Westminster, Vancouver.