Home Trends from Adam DiNunzio

ADAM DINUNZIO Known for Service, Trusted for Results!

D: 647.400.0767 O: 416.739.7200 W: dinunziorealestate.com

THE DINUNZIO REAL ESTATE GROUP

EMBRACING WINTER Winter, especially in Canada, gets a bad rap. It’s cold, there’s snow, it’s dark, driving is perilous at times, you have to wear extra layers, etc., etc. but researchers say if you focus on the benefits of winter and enjoy activities that can only be done in the season, you might find yourself enjoying the season and feeling better overall this year. So, when you feel yourself lamenting over doing something winter-related that you don’t enjoy (like shovelling snow), try to reframe your thoughts and think of an activity you can only do because of that particular thing. For instance, if there’s no snow, you can’t snowshoe, ski, toboggan, make snow angels or build a snowman. Then, once you’re done shovelling snow, go ahead and do one of those activities to make a positive experience. Other winter specific activities you can indulge in include sitting by a roaring fireplace, drinking copious amounts of hot chocolate or apple cider, wearing cozy pyjamas and slippers, cooking and baking rich meals and desserts, enjoying time indoors curled up with a good book, etc. In the summer you might feel like you’re wasting a sunny day by doing something mundane like watching a movie marathon, decluttering your home office or repairing that leaky faucet, but since it’s dark before you know it in the winter, take advantage and stay inside and cross items off your never ending to do list. In the end, winter in Canada is inevitable and if you embrace it and try to focus on the positives of the season, you’ll find it goes by faster and might have you looking forward to when the days get cooler and shorter again next year.

D: 647.400.0767 | O: 416.739.7200

THE DINUNZIO REAL ESTATE GROUP

OUTDOOR MAINTENANCE WHILE YOUR HOME IS LISTED

Selling in winter requires you to take a few extra steps to prepare the outside of your home for potential buyers. Start by looking at your home by standing on the curb or street. First, you want to remove all obstacles and dangers winter may create for guests on the path to your front door. Take care to clear snow and other debris from the driveways and walkways. Apply sand or salt to icy patches and add grip strips to slippery stairs. Remove any icicles that may be hanging over the entrance and consider installing solar-powered lights to line the walkway. Once the path is safe, you can address any landscaping issues. Clean up any pet droppings or yellow snow and remove piles of leaves and branches that you may not have gotten around to composting in the autumn. Use outdoor rugs and mats to welcome buyers to your home and once they enter your home, ensure you have a welcome mat and space for everyone to leave their soiled winter shoes while they tour the place. If you're selling a condo, you shouldn't have to worry about shovelling the walkways and such, but do consider your unit itself and how it appears from the street. Clear snow off of the balcony, ensure exterior light fixtures work and hang a decorative wreath on your door.

W: dinunziorealestate.com

THE DINUNZIO REAL ESTATE GROUP

SMART THERMOSTATS With the cost of living on a seemingly never-ending increase these days, saving a few dollars where you can is imperative. One way to save on heating bills (on average about 8%) is to use a smart thermostat that connects to wi-fi that you can program to turn your heating on and off at certain times during the day. If someone were to arrive home at an unusual time, most smart thermostats will allow you to override the schedule with the press of a few buttons on an app, which is really convenient for parents when a child goes home ill, or someone has to stay at home and wait for a maintenance person to arrive, etc. Furthermore, some models have motion sensors or tracking capabilities and can determine when no one is home (or returns home unexpectedly) and adjust the temperature accordingly without you having to set a schedule or remember to change a setting on an app. Another neat feature of some smart thermostats is the ability to have multiple sensors throughout the home. This is great if, for example, your main thermostat is near the kitchen and it always registers the air temperature as warm enough, but leaves the bedrooms on the other end of the home freezing. You can set up a remote sensor near the bedrooms that can take an average temperature and the thermostat will then adjust the furnace settings more appropriately. Experts suggest that when you're home your thermostat should be set between 20˚C and 22˚C for optimal comfort. When you're sleeping or away from home for a short period of time, you can drop the temperature down a few degrees to somewhere between 16˚C and 18˚C. If you leave on vacation for a few days and your home will be empty, you can drop the temperature quite a bit, but not to below 10˚C degrees to keep the pipes from freezing.

W: dinunziorealestate.com

THE DINUNZIO REAL ESTATE GROUP

DEALING WITH OUTDATED PHONE JACKS Is your older home set up with multiple phone jacks throughout the rooms? If you don't have a landline telephone anymore, the wall mounted phone jacks might just be something you ignore, but they may also be the bane of your decor existence. The best way to deal with them is to remove the faceplate, electrical box and associated wiring and patch the hole. However, if this isn't something you feel comfortable attempting yourself and hiring a professional is out of your budget, there are a few other ways to address the unsightly ports. First, you can replace the phone jack with a basic plate found at most home improvement stores. At least this way there isn't a hole in the wall. To address it in a more creative manner, you can cover the jack with wall art, a calendar, a message board or the like. Since jacks are often found in kitchens and are counter height, this makes sense. Another unique option is to purchase a wall socket safe and turn the seemingly boring phone jack into a purposeful and hidden compartment to store small, yet important, items.

D: 647.400.0767 | O: 416.739.7200

THE DINUNZIO REAL ESTATE GROUP

GTA REALTORS® Release November Stats

AVG. SALE PRICE Single Family Dwelling $1,452,518

AVG. SALE PRICE Condo/Townhouse $753,352

ACTIVE LISTINGS 21,818

DAYS ON MARKET 31

GTA REALTORS® December 4, 2024 – Greater Toronto Area (GTA) home sales increased strongly on a year over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. “As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce. GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024. New listings entered into the MLS® System amounted to 11,592. The average selling price was up by 2.6 per cent compared to November 2023 to $1,106,050. “Market conditions have tightened, particularly for single-family homes. The detached market segment experienced average annual price growth above the rate of inflation, particularly in the City of Toronto. In contrast, the condominium apartment segment continued to experience lower average selling prices compared to a year ago. Condo buyers are benefitting from a lot of choice and therefore negotiating power. This will attract renter households into homeownership as borrowing costs trend lower in the months ahead,” said TRREB Chief Market Analyst Jason Mercer. 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. Please call to get an up-to-date evaluation of your home.

CLICK FOR FULL REPORT

Or Call With Your Real Estate Market Questions

D: 647.400.0767 | O: 416.739.7200