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IT JUST GOT EASIER!

Maya Norton Real Estate Agent

Phone: 780.489.2969 Fax: 780.486.1421 consult@dmsmarketing.ca www.dmsmarketing.ca

1 2 3 REALTY

STATS ARE REFLECTIVE OF APRIL 2022 MARKET STATISTICS

Current

Last Month

$1,355,764

6.96

17 18 11 17

Detached Condo Duplex/Rowhouse Total

$657,093

1.12

964,410

2.29

903,992

8.91

Average Price

Days On Market

1.7 MONTHS OF INVENTORY

0

1

2

3

4

5

6

7

8

9

10

Sellers Market

Balanced Market

Buyers Market

NEW LISTINGS

ACTIVE LISTINGS

SOLD LISTINGS

5,734

5,368

3,234

What does this mean? It’s all about strategy. Call me to find out how I can sell your home in today’s market! FREE Consultation. Call 780.489.2969.

Source: Toronto Regional Real Estate Board. | Market values stated are of the average of Toronto and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Average price is a starting point to see the trends in the market.

HOW TO PICK INTERIOR PAINT COLOURS LIKE A If you’re thinking of selling, you’re likely considering giving your home a fresh coat of paint. A easiest and most affordable ways to up the wow factor for potential buyers. But what paint col You’ll want to keep the shades you select on the subdued side – a bright red or a deep blue wa buyers. But choosing colours that have an undertone you like – and that goes with your furni important. You still live there after all! Here are three tips for picking interior paint colours lik

• Choose colours that compliment your existing furniture and decor. You don’t want the colours you choose to clash with any existing pieces you already own. Even though your belongings are going with you when you move out, colours that don’t agree with each other won’t look pleasing to a potential buyer’s eye and may distract from the positives of your home. • Pay attention to undertones. In the world of paint colours, there is no such thing as a true “neutral.” All neutral paint colours have an undertone – usually yellow, blue, green, purple or pink. Choose a neutral with an undertone colour that you like. For example,

if you know you like blue, g you prefer warmer colours creamy off-white. Use a large sample swatch chips you get at the paint st to give you a full idea of wh look like in your home. Ins choices to two or three colo and paint them either on la directly on your walls.

•

LUXURY HOME TREND: CREATING FLOW

From glass walls to butler’s pantries, the latest trends in luxury home design are all about creating flow. Huge sliding glass doors can open to outdoor living spaces, allowing homeowners to travel between the two areas seamlessly. Full height doors also work beautifully for entertaining, as they allow guests to mill comfortably back and forth between the home and the garden or pool area. When closed, these large glass doors still maintain the blend of the indoor and outdoor space, helping residents stay connected to nature. Paired with ceiling-height glass walls, the entire back of a home can become a window that provides year-round views.

A way to add a different sens with a butler’s pantry, which between the kitchen and the able to use this space as a ba somewhere to prep dishes du say it’s best to keep the butle of the home. However, it can gold accents and high-end ca a utilitarian space with clean on functionality. Both of the the home a multifaceted plac dozens of guests – or just a h

go with a blue-grey. If such as yellow, choose a lours should you choose? all might be too much for iture and accessories – is ke a pro. h. Those tiny paper paint tore aren’t big enough hat a colour is going to stead, narrow down your ours, then buy sample cans arge pieces of cardboard or A PRO After all, it’s one of the

Maya Norton Real Estate Agent 1 2 3 REALTY

C: 780.489.2969 E: consult@dmsmarketing.ca W: www.dmsmarketing.ca

I’ll find the house and you make it your home. I hope these articles can help. Whether you’re looking to buy, sell or stay put, give me a call to chat about real estate anytime.

COMMON QUESTIONS What’s the benefit of mortgage pre-approval? Mortgage pre-approval tells you the maximum amount you can get for your mortgage from the lender. Visiting your bank or mortgage broker and completing the pre-approval process is important; it allows you to ‘shop’ within your price range and often allows you to lock in the current interest rate for a specified time. If you’re pre-approved for a mortgage, wait to make any significant life changes. Things like purchasing a new car or opening a line of credit can affect the mortgage amount you’ve been pre-approved for. If life changes are unavoidable, give your bank or broker a heads up. With knowledge about your situation, they can tell you how it will affect your borrowing.

se of flow inside the home is h acts as a transitional space e dining room. Homeowners are r, dessert area, coffee station or uring a dinner party. Designers er’s pantry in line with the style n be either dressed up by adding abinetry, or created into more of n, simple lines and an emphasis ese trends are all about making ce. One that can easily entertain handful.

April 2022 Market Statistics

Total residential unit sales in April 2022 decreased by 10.9% compared to March 2022 and increased by 2.0% from April 2021. New residential listings increased both 8.8% year-over-year and 11.9% month-over-month from March 2022. For April, single-family home unit sales were down both 6.3% from April 2021 and 11.3% from March 2022 at 1,704. Condo unit sales increased 26.6% from April 2021 but were down 7.2% from March 2022. Duplex/rowhouse unit sales were up 2.0% year-over-year yet decreased 20.6% month-over-month. Single-family homes averaged $510,988, an 11.4% year-over-year increase and a month-over-month increase of 1.4%. Condominiums sold for an average of $237,249, seeing an increase of 3.7% year-over year as well as a 3.2% decrease compared to March 2022. Duplex prices increased 17.8% from April 2021, selling at $409,428, resulting in a 5.2% increase from March 2022. Single-family homes averaged 23 days on the market, a four-day decrease from March 2022. Condos averaged 45 days on the market, decreasing by six days month-over month, while duplexes averaged 24 days on the market, a five-day decrease compared to last month. Overall, all residential

listings averaged 31 days on the market, decreasing by six days year-over-year and down three days as compared to March 2022. Source: Toronto Real Estate Board

These numbers affect you differently than your neighbours. Give me a call today to find out how.

Maya Norton Real Estate Agent

PICK ME! PICK ME! Hi there! I’m Maya Norton and I am that person in the back jumping up and down to get your attention. What does that mean? I love my job and go above and beyond for you. Heres the proof: • my listings sell on average in 25 days • my listings sell for 97.8% of their list price on average • I have a 4.9 star rating on Facebook: @DMSConnectCanada

780.489.2969 consult@dmsmarketing.ca www.dmsmarketing.ca 101-10620 178 St. Edmonton, AB T5S 2E3

This is not intended to solicit anybody currently under contract with another Brokerage.