Fall Market Update

November 2012

Winter Preparation
Install or replace weather stripping on all doors and windows. Seal cracks around pipes and electrical outlets entering or exiting the walls.

S T UAR T NO D E L L S AL E S R E P R E S E N TA TI V E R E /M AX HA L LM AR K R E AL TY L TD 64 7 - 28 3 -2 12 7
Preparing for winter is important to protect your most valuable asset

3) Inspect Roof, Gutters & Downspouts Inspect your attic to make sure you have proper insulation. Proper insulation prevents warm air from creeping to your roof and causing ice dams. Check flashing to ensure water cannot enter the home. Replace broken roof shingles or tiles. Clean out your gutters. Consider installing leaf guards on the gutters or extensions on the downspouts to direct water away from the home.

Inside this issue:

2012 Property Values 2 -The Real Story!

Its that time of year where we need to prepare ourselves for the upcoming winter. Here is a list of items to consider: 1) Outdoors Drain the gas from your lawnmower Tune up your snow blower and/or locate your snow shovel Store bags of salt or sand to melt the ice. Make sure water valve to your outside tap is closed to prevent pipe from bursting when water freezes. Trim trees if branches hang too close to the house or electrical wires. Seal driveways, patios and decks. Move potted plants indoors or to a sheltered area.

4) Heating Systems Have your heating system checked by a professional. Stock up on furnace filters and change them monthly. If your home is heated by a hot-water radiator, bleed the valves by opening them slightly and when water appears, close them. Remove all flammable material from the area surrounding your furnace.

5) Safety Replace the batteries in your smoke detectors. Vehicle readiness. Make sure you vehicle is ready for winter driving. Its time to check your tires, put on your winter tires, replace your windshield wipers, windshield wiper fluid, and antifreeze levels.

2) Reduce Drafts and Leaks Check windows, doors and all exterior trim. If you find a draft, caulk around the problem area. If your home has a basement, consider protecting its window wells by covering them with plastic shields.

2012 Property Values-The Real Story!

During 2012 we have seen increases in property values throughout Toronto and surrounding areas. As well, we have seen changes to rules and regulations of how lenders provide mortgage financing to borrowers. Through all of this the real estate market has continued to be robust, with increased property values, and is more balanced then what it was earlier in the year. The average selling price for October transactions was $503,479 up 6.2 per cent compared to October 2011. The MLS Home Price Index composite benchmark price, which allows for an apples-toapples comparison in terms of home attributes, was up by 5.1 per cent. If you want to know the statistics specific to your neighbourhood or are considering a move and want to know your homes value in todays market please do not hesitate to contact me for a complimentary market evaluation of your home.

What is your property worth today?

R E/ M A X H A L L M A R K R EA LT Y LT D. , B RO K E R AG E
2237 Queen St. E Toronto, On M4E 1G1

Phone: 416-699-9292 Mobile: 647-283-2127 Fax: 416-699-8576 Email: stuart@remaxhallmark.com

Stuart Nodell
100% Club 2008 Executive Club Award 2009 Executive Club Award 2010 Executive Club Award 2011 Top 5% sales Nationally

Were on the Web! WWW.STUARTNODELL.COM

Not intended to solicit properties currently under contract with another realtor