Dianne Isabel (i) Wilson

Dianne Isabel (i) Wilson

Broker

RE/MAX Advantage Realty Ltd., Brokerage*

Mobile:
519 777 2424
Office:
519-649-6000
Toll Free:
1-855-649-6001
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Dianne Wilson's blog

FREE HOME EVALUATION

FREE HOME EVALUATION!   VALID UNTIL DECEMBER 31, 2024

FREE HOME EVALUATION

FREE HOME EVALUATION!   VALID UNTIL DECEMBER 31, 2024

The Pre-Construction Property Market - A great time to invest

Now is prime time to invest in pre-construction properties

 | Aug 28, 2024 | 1 comments

The Canadian real estate market is a dynamic one, often influenced by several economic factors. With the post-pandemic shift in the market, we’ve witnessed a lot of fluctuation in property prices. As prices have recently increased, this trend may cause potential first-time homebuyers to hesitate when purchasing their home. 

However, when it comes to pre-construction properties, now is actually one of the best opportunities to secure a deal. Let’s walk through some of the key reasons why...

Re/Max 2024 Fall Market Outlook

Re/Max 2024 Fall Market Outlook

Can home staging be tailored to suit different budgets and seller needs?

Can home staging be tailored to suit different budgets and seller needs?

When preparing a property for sale, you may face a critical question: can home staging be customized to fit various budgets and meet the specific needs of sellers?

The short answer is yes. Effective home staging can be adjusted to accommodate a range of financial constraints while still enhancing a property’s appeal to potential buyers. 

Home staging is a powerful marketing tool that can significantly impact a property’s sale price and time on the market. For these reasons, staging is a worthwhile investment, but the...

OK, BLUE JAYS!

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APRIL 2024 CREA REPORT

APRIL 2024 CREA STATISTICS.

Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.

Home sales activity recorded over Canadian MLS® Systems fell 1.7% between March and April 2024, coming in a little below the average of the last 10 years.

At the same time, the number of newly listed homes rose by 2.8% on a month-over-month basis. Slower sales amid more new listings resulted in a 6.5% jump in the overall number of properties on the market, reaching its highest level since just before the onset...

April Stats

Overall we had a small increase in Average House Prices compared with March. The number of Sales compared to 2023 were fairly consistent. London’s Months of Inventory of 2.6 months shows we have a good market for Sellers while giving Buyers lots of houses to choose from.

 

Key Calculations for Valuation

  1. One of the most used is Cash on Cash

    "Cash on cash" refers to a metric used in real estate investing to evaluate the return on investment (ROI) generated by the cash invested in a property. It measures the annual pre-tax cash flow relative to the amount of cash invested in the property.

    The formula for calculating cash on cash return is:

    Cash on Cash Return=Annual Pre-Tax Cash FlowTotal Cash Invested×100%Cash on Cash Return=Total Cash InvestedAnnual Pre-Tax Cash Flow×100%

  2. Rent to Value Ratio (RVR):

    • Example: If a property is valued at $500,000 and has an annual rental income of...
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