Office: 204-797-7945 | Email: jennifer.queen@hotmail.ca

 

I cannot tell you how often we are asked by a client whether or not we think they should paint.  The short answer: YES!  

 

The next question we get asked: but what colour?  Stick to neutrals! That appeals to the widest group of buyers.  Yes, we acknowledge that this is boring and cookie-cutter, but there is a reason that so many people do it – it works!  The neutral palettes are less distracting and it makes it easier for buyers to imagine moving their belongings into the space.  If you are dying to sneak some colour into the home, do so with your décor (accent pillows, statement pieces, etc.).

 

Even if your house is already a neutral palette, you may still want to think about painting.  With time walls can get damaged and scuffed-up, which gives the impression to buyers that the home is dirty or unkempt.  Nothing that a fresh coat of paint can't help!

 

You do not have to paint the whole house either.  A quick cheat is to paint the living space and kitchen for the most dramatic effect. If the kids’ rooms are neon green and fuchsia, don’t worry too much about it — they are secondary rooms and do not affect the sale as much as the primary rooms would. I would only recommend making a change in those rooms if the colours are making the room feel smaller or if the walls are particularly banged up.  Of course if you have a lot of time on your hands (yeah right) you could paint these secondary rooms, but the return on dollars and effort spent will be negligible.

 

As a bonus to our loyal following, we are going to offer you three of the paint colours we most frequently recommend!

 

Greys are really in right now.  For a nice light and neutral grey, we recommend: Benjamin Moore Classic Gray OC23 because it is as neutral as it gets with its slightly greige (beige) undertone.  This means that depending on the room and exposure it will flex from the gray end of things to the beige end without committing 100% to either.  Also, for those of you that have painted a room in a neutral tone only to have it look purple or pink in the daylight, rest assured.  This paint does not have any purple undertones in it!

 

Benjamin Moore Classic Gray OC 23Benjamin Moore Classic Grey OC 23 on wall

 

 

For those that want to go the more traditional route with neutral tans/beiges, we recommend: Sherwin Williams Canvas Tan SW7531.  This colour works well in all rooms (including smaller ones) and looks gorgeous with almost all wood colors and white trim.  It is a nice warm and inviting colour too!  Just beware that this color looks horrible with pink hues. 

 

 Sherwin Williams Canvas Tan SW 7531 Swatch

 

 

Another trend we have seen is one toward slightly off-white colours.  For this, we recommend: Sherwin Williams Creamy SW7012.  It is hard to believe, but white can be one of the most difficult colours to paint your home.  The wrong shade of white can make your home look sterile or dirty.  This colour however is the perfect off-white with warm undertones.  It also has a neutral base to calm it down so that it isn’t overly yellow or orange looking – it’s more like a very light ‘cream’.

 

 

There, now you know all of our secrets!  Does anyone have any paint suggestions they would like to add to this list?  We are always open to new suggestions!

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Let’s be honest – we clearly have a bias towards one side of this equation.  However, let us do our best to give you the lowdown for both options.  Buying your first home is a major step.  There is a lot you need to know to make the right decisions – and also to avoid making the wrong ones.  The goal of our blog for this month is to make sure that we provide quality content to help you make an informed buying decision (or non-buying decision).  At the end of the day, we all want to feel good about the transaction with the knowledge that you have made a sound decision for yourself!

 

 

Owning Versus Renting

Without question, owning a home comes with responsibilities and risks that you do not have to worry about when you rent, such as a mortgage, taxes, homeowner’s insurance, maintenance and repairs, etc.  However, financial advisors – not to mention homeowners themselves say there are far more advantages to owning:

 

  • The equity argument:  why pay of someone else’s mortgage when you could pay of your own
  • The historical argument:  there are peaks and valleys in any market, but over time home values always increase (while your mortgage decreases).
  • Tax advantage argument:  this will depend on your circumstance, but there are often tax advantages to owning a home.
  • Quality of life argument:  investment in your family’s future.
  • Pride of ownership argument:  you get to make a house a home.  Freedom to renovate or decorate how you like, and personalize it. It really is a great feeling!

 Affordability

Do you have enough to buy a home now?  At a minimum, you should have your 5% down payment PLUS enough set aside to cover closing costs (which are usually somewhere between 1.5-2.5% of the total purchase price).  We have worksheets available – just shoot us an email and we can send you one to work through to figure out realistic costs for your home purchase.

 

Your expenses along with your mortgage payments should not exceed what you are able to afford with your income.  Furthermore, financial institutions will usually suggest that your total housing costs should not exceed 32% of your monthly income.  Once you have accounted for the possible expenses and incidental costs, you can determine what a realistic monthly mortgage payment would be for you.  Can you make these numbers work?  If so, then purchasing may be a realistic decision for you. 

 

At the end of the day, you are paying a mortgage.  Will it be yours, or someone else’s?

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November marked a busy month again in our office. Amy and her husband, Chris, bought what will be a beautiful house in St. Vital. If anyone has any renovation tips, feel free to send them her way! Logan and I had the pleasure of going to Toronto for a quick 10 day visit for his brother’s wedding. The wedding was beautiful, as was the weather. People were still eating on patios! It was awesome getting to see the family and experiencing what big city living is all about (condos, condos, and more condos). Let me tell you, the real estate market is VERY different there! We did arrive back in Canada just in time to experience some of the mild temperatures before old man winter came. What a beautiful November! I hope you are all keeping nice and warm as we head more into the thick of winter!

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There are many exciting things going on this year around our office. In late August, Amy married her long-time boyfriend, Chris. It was a beautiful wedding held on Lake of the Woods in Kenora, Ontario. Now she is back and busier than ever – breaking her all time sales record in September of 2015. You go girl!


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Much change is coming for the Queen Team – in fact, we are growing!  Logan and I are expecting a little girl January 2, 2016. 

Now rest assured, Amy and I will still have all of your real estate needs covered during this period.  I plan on working straight up until the little ones’ arrival.  Amy will be handling my maternity leave for the months of January to April of 2016, upon which time I plan to return full force.

Thanks again for all of your support.  We are overjoyed, excited, and terrified all at once!

 

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It is still not too late to registry for Family Photo Portraits to be taken on June 27 at St. Vital Park.

 

If you haven't used our services yet, no worries. This is for past, current, and future clients. Just RSVP to Jenniferqueen@remax.net on or before June 15, 2015 to secure your spot.

 

Looking forward to seeing you there!

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Spring marks the award season in real estate.  This year I was graced with a Silver Medallion Award by Winnipeg Realtors, which means Amy and I were within the top 3% of Realtors in terms of sold dollar volume in Winnipeg for 2014.  I was also lucky enough to receive a Platinum Club award from RE/MAX International.  I find awards such as these reminders of how truly lucky I am.  I get to do what I love on a daily basis, while meeting some of the most amazing people.  It never feels like work for me! 

 

Thank you to all of my amazing clients for making successes like this a possibility!

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In the days of the do-it-yourself mentality, many home owners are making the decision to try and sell their homes themselves.  At the end of the day, it really comes down to the question, "What's the best way to sell my home in order to put the most money in my pocket?".  The following questions may help you decide if selling FSBO (For Sale by Owner) is right for you:

  1. Do I know how to price my home so that it is competitive in today's market?
  2. Can I be unbiased about my property's value?
  3. Do I have time in my schedule to market and show my home (This includes weekdays, weekends, and evenings)?
  4. Can I show my home during the day if a buyer wants to see it the same day?
  5. How much money am I willing to spend in marketing and advertising costs up front before I switch to a REALTOR?
  6. Do I know how to effectively market a property?
  7. Do I know the profile of buyer that my property's floor plan, neighborhood and style will attract and how to market to that demographic?
  8. Do I know what wording to use to attract my target market to my property?
  9. Do I have experience and skill in selling a home?
  10. Have I sold before?
  11. Do I know how to pre-screen prospective buyers so that they won't waste my time?
  12. Can I be impartial when showing my home if someone does not like the floor plan, decor, street, price, or they have an abrupt personality?
  13. Do I know what to say and more importantly what not to say to a prospective buyer?
  14. Do I know how to protect myself from liability or misrepresentation when talking directly with a buyer?
  15. Do I know how to protect myself and my home against theft or crime?
  16. Am I current on the latest trends and lender programs when buyers ask?
  17. Do I know what to say to a REALTOR who has legitimate buyer inquiries?
  18. Do I know how to negotiate my property's value in today's market?
  19. Do I know how to write an offer and the wording to use for all the terms and conditions so that a savvy buyer cannot take advantage of me?
  20. Do I know how to handle multiple offers properly?
  21. Do I know what to do if anything goes sideways?
  22. Do I have an experienced person I can call for advice if an issue arises?
  23. Am I the best person to represent my home in today's competitive market?

 

By asking yourself these questions you will be better prepared to know whether or not you can handle the sale yourself.  The list sounds daunting, mainly because it is.  As a REALTOR, I have been trained to handle all situations that may arise during the sale of your home.  Feel free to ask me any question you may have about your home.  Remember, market evaluations are always FREE!

 

Jennifer Queen

RE/MAX Professionals 

(204) 797-7945

My Phone is ALWAYS on[:)]

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