June 20, 2023

Your Home Equity

What is Home Equity?

This is a powerful financial tool that many homeowners might not fully appreciate. It represents the portion of your home’s value that you actually own. Calculated by subtracting what you owe on your mortgage from your home’s current market value. Understanding it is essential for making informed decisions about your property. Whether you’re considering refinancing, accessing funds for home improvements, or planning for future financial goals.

Your home equity is the difference between your outstanding mortgage and the value of your home. For example, if your home is worth $655,000 and you have $235,000 left to pay on your mortgage, your home equity is $420,000.

Why Would you get a Home Equity Loan?

Unlock your equity to grow your real estate wealth to purchase an income-producing property. Perhaps you are looking for a cottage or recreational getaway. Or assisting your kids to get into the market. With your home equitys, you may be able to borrow against it. This means you could be eligible for a Home Equitys Loan. I have partnered with solid mortgage professionals so you can obtain the best advice for your unique circumstance to see if this is your next right move to invest in yourself.

 

Check out another blog post here! Winding Down and Enjoying Warm Weather

Another Month Gone....Another Month Gone....Another Month Gone....Another Month Gone.... May 24, 2023

Spring is Here!

Spring is Here, and So is the Thriving Real Estate Market!

Spring is officially here, and with it comes a surge of activity in the real estate market! As we transition from the chilly winter months into this vibrant season, the warmer weather and blooming flowers create an inviting atmosphere for both buyers and sellers.

It’s a time when many people begin to consider making a move, whether they’re looking to buy their dream home or sell their current property for a fresh start.

Whether you’re a first-time buyer, a seasoned investor, or someone looking to upgrade or downsize, there are plenty of opportunities to explore in today’s market. From finding the perfect property to preparing your home for sale, the spring season offers numerous possibilities for achieving your real estate goals.

Need some expert tips or guidance on how to navigate this bustling market? I’m here to help with personalized advice and strategies tailored to your unique needs. A quick call or message is all it takes to get started on your journey in the spring real estate market. Let’s work together to make this season a successful one for you and turn your real estate dreams into reality!

 

Check out another blog post! BBQ Tips for Summer

Real Estate EducationReal Estate EducationReal Estate EducationReal Estate Education May 23, 2023

Secondary Suites

What are Secondary Suites?

A secondary suite is another living unit inside a primary residence or in an accessory building on the same property. Additional living units have to have at least a kitchen, one bedroom, one bathroom, and a living area. The secondary suite must also meet other requirements.

Secondary suites have become more and more popular recently. As they provide additional housing for family members or tenants. Having another living unit can also provide you with additional income.

 

Secondary Suite Regulations

A secondary suite has to comply with zoning requirements. These are set out by your municipality/city, the Ontario Building Code, Ontario Fire Code, and the Electrical Safety Authority.

Depending on your municipality the secondary suite may also be required to be registered with the municipality/city. Always confirm with your local municipality what you must do for your secondary suite to be considered legal.

 

More Considerations for Secondary Suites

Another thing to consider when thinking of a secondary suite is your home insurance. You should be mindful of your insurance agreement and what you might need to have a secondary suite covered. You may also need to consider tenant insurance as well.

 

I hope this has provided you with more insights on what a secondary suite is, and what they need to comply with. When in doubt always ask your local municipality.

 

Check out another blog post here! What is Curb Appeal?

Tips and TricksTips and TricksTips and TricksTips and TricksTips and Tricks May 23, 2023

BBQ Tips for Summer

Do you need some fresh BBQ tips for summer? Get ready for summertime weather and barbecuing your meals! Here are a few tips to help you master the art of BBQ…

  • Always preheat your grill – this helps to ensure your meat cooks evenly and helps to prevent sticking.
  • Play around with flavours – there are so many different types of rubs, marinades, and spices you can try out.
  • Use the right tools- when barbecuing, you may need tools like a meat thermometer, grill scraper, or tongs!
  • Manage your heat – learn what types of meat need higher temperatures and how your barbeque heats up.
  • Let your meat rest – this lets the juices settle and the temperature even out.

You can be creative when barbequing and elevate your grilling game by experimenting with a variety of sides. Throwing some fresh vegetables like corn, bell peppers, and zucchini on the grill can transform their flavours, making them smokier and more intense. These veggies not only add vibrant colours to your plate but also bring new and exciting tastes to your meals.

For instance, grilling corn on the cob gives it a deliciously charred, sweet flavour that’s hard to resist. Bell peppers become tender and slightly caramelized, adding a wonderful depth to their natural sweetness. Zucchini slices, with their mild flavour, absorb the smoky essence of the grill, making them a perfect complement to any main dish.

Enjoy these BBQ tips for summer!

 

Check out another blog post! Secondary Suites in your home

April 19, 2023

Spring Cleaning Your Home

Are you ready to embrace the annual tradition of spring cleaning with a fun and positive attitude?

Spring has arrived, and it’s the perfect time to shake off the winter blues and get your home fresh and organized. In preparation for the beautiful summer months ahead. Spring cleaning is not just about tidying up your space; it’s an exciting opportunity to rejuvenate your home. Clear out clutter, and create a more serene and inviting living space for you and your loved ones.

This is your chance to dive into every nook and cranny and then transform your home into a haven of cleanliness and order. By setting aside time for a thorough cleaning, you’ll not only enjoy a spotless home but also experience the many benefits of decluttering. Which can lead to reduced stress and a greater sense of peace.

So put on your favourite playlist, grab your cleaning gloves, and make this spring cleaning session a fun and rewarding activity! Embrace the satisfaction of fresh, organized spaces and the joy of a renewed, vibrant home again.  Setting the stage for a fantastic, enjoyable season full of new beginnings and possibilities!

Use my Spring Cleaning Checklist to help you get started on your home!

KJ’s Spring Clean Checklist Interactive

 

Check out another blog post! Your Home Equity

 

Another Month Gone....Another Month Gone....Another Month Gone....Another Month Gone....Another Month Gone.... April 19, 2023

Spring has Sprung!

Spring has Sprung as we enter the 2nd quarter! The Real Estate market is beginning to get a little spicy!

If you’re considering selling your property, I will provide you with comprehensive support to help you understand all the market factors that may influence the price, preparation, and promotion of your home. Selling a property involves a multitude of decisions, from setting the right price to preparing your home for showings and creating an effective marketing strategy. My goal is to equip you with the knowledge and insights you need to navigate these important decisions confidently.

I will then present you with a customized marketing plan using state-of-the-art technology tools to reach the broadest market. Your property will be pushed out both locally and globally so that you can secure the best offer.

 I look forward to working with you and assisting you every step of the way to reach your homeownership goals! Whether you are buying your first home, looking for an investment property, or finding a new place to call home, I am here to offer my expertise and support. My commitment is to provide personalized guidance tailored to your unique needs and aspirations. Reach out to get in touch and start the process today.

I offer:

  • Personalized service
  • Local market knowledge
  • Excellent communication
  • Strong negotiating skills

Enjoy the warmer weather now that spring has sprung!

 

Check out another blog post! Waterfront Maintenace

 

March 27, 2023

Your Property Taxes

Your Property Taxes! Let’s jump right in and talk about property taxes. You may wonder, ‘Why do I have to pay property taxes?’ or you might think, ‘How do they calculate property taxes?’ I hope to share some insight on this topic with you below.

Here’s how your property taxes are calculated. Different factors mentioned below are taken into consideration when calculating your property tax. Those factors are…

  • Property Type
  • Property Assessment
  • Municipal Tax Rate
  • Education Tax Rate

Another point, property tax is calculated by adding the municipal tax rate and education tax rate together and then multiplying the assessed value of your property. In fact, you can find your municipal and education tax rates on your municipality website. Your property’s assessed value will then come from MPAC. If you are curious, after you have these numbers, you can then give yourself an estimate of your taxes for the year.

Ontario Tax Rates

As you may know, cities in Ontario have different tax rates. As a result, Windsor had the highest tax rate in 2022, and Toronto had the lowest in Ontario. Listed below are a few areas in Ontario. As you can see, the tax rates are all different.

  • Windsor – 1.853760%
  • North Bay – 1.619120%
  • Peterborough – 1.491444%
  • Hamilton – 1.245249%
  • Ajax – 1.116443%
  • Newmarket – 0.81062%
  • Oakville – 0.732324%
  • Toronto – 0.631933%

Are you surprised by any of the property tax rates?  Windsor had the highest rates did surprise me. After all, if you have any questions about property taxes, contact me, and I can guide you to an appropriate third party!

 

Check out another blog post! Making Your Home More Inviting

 

Property tax rates source: Taken from each municipality’s website.

March 21, 2023

Magic of March

The Magic of March! The month of March is filled with many holidays and celebrations! Making March a busy month for the time of year. This month is also the gateway to a new season, as it marks the beginning of spring, which I welcome with open arms, eager for the arrival of more sunshine, the blooming of beautiful flowers, and the joyful sound of birds chirping in the mornings. March’s arrival signifies the end of winter and the start of a period of renewal and growth, inspiring us to get outside, enjoy nature, and embrace new beginnings.

 

  • March 8th – International Women’s Day
    • Celebrate the amazing women in your life
  • March 13-17 – March Break
    • The kids will be enjoying the week off!
  • March 17th – St. Patrick’s Day
    • Go out and enjoy your local parade
  • March 20th – First Day of Spring
    • Spring time is nearly here — bring on the sunshine and warm weather
  • March 25th – Earth Hour 8:30pm – 9:30pm
    • Unplug your electronics and turn off your lights for Earth Hour

 

Enjoy the magic of March this spring! Soon the days will get longer and it will be time for summer fun and gathering with friends and family. But for now, take advantage of what March has to offer you.

Check out another blog post! Finding the right neighbourhood

 

 

March 20, 2023

Here Comes Spring!

Here Comes Spring! Embrace the Joy of Longer Days and Fresh Beginnings

Here comes spring! There’s nothing quite like the arrival of this vibrant season to lift our spirits and invigorate our lives. After enduring a long and chilly winter, we are finally ready to welcome the beauty and warmth that spring brings. It’s a time when the days grow longer, the sun shines brighter, and nature awakens from its winter slumber.

As we emerge from the cold months, the transformation around us is truly inspiring. The air becomes warmer and more inviting, and we can see the first signs of spring as flowers begin to bloom in a burst of color. Trees start to bud, and the world around us seems to come alive once again with the sights and sounds of the season. It’s a wonderful reminder of nature’s resilience and the endless possibilities for growth and renewal.

Spring is not only a time for appreciating the beauty of the natural world but also an opportunity for personal reflection and rejuvenation. Let’s take advantage of this season to refresh our surroundings, set new goals, and embrace new intentions. It’s the perfect moment to let go of old habits and to focus on what we want to achieve in the months ahead. Whether it’s starting a new project, picking up a new hobby, or simply enjoying the outdoors, spring invites us to explore and grow.

So let’s celebrate this season of renewal with open hearts and eager minds. Take time to enjoy the longer days, bask in the sunshine, and immerse yourself in the joy that spring brings. It’s a time to reconnect with nature, rejuvenate your spirit, and embrace the promise of new beginnings. Here’s to a delightful spring full of growth, happiness, and fresh opportunities!

 

Check out another blog post! Real Estate Market Types

February 21, 2023

Goal Setting That Works

Goal setting that works. It can be hard to stick to your goals. Starting off a new year usually means having a resolution that gets forgotten about and never completed. Here are some helpful tips that can ensure you get the most out of your 2023 goals!

  • Write down your goals with a pen and paper. You will feel more connected to your goals.
  • Ensure that your goals are achievable, realistic, and measurable. Don’t lose sight! You should often go back and read your goals to have them top of mind during the year.
  • Be sure to have a few easy goals and some demanding ones that can challenge you! Set different timelines for your goals. Have some that are 3, 6, and 12 months long!
  • Try to make sure your goals are measurable and trackable, ensuring that you can stay up to date on your progress.

It is more than Okay to not accomplish your goals! This does not mean failure, but rather a learning opportunity. Goal setting that works can help you get to where you want to be. Here’s to 2023 and what this year will bring!

Check out another blog post here! Summer Activities to do with Kids and Water