As you navigate the Canadian real estate market, you might have come across something called a chattel. But what is a chattel? And what is a chattel in real estate? Put simply, a chattel is a movable personal property not permanently affixed to the land. Some examples of chattel include furniture, appliances (dishwashers, dryers, stoves, and fridges), and personal items. Beyond a basic...
At a time when mortgage rates are hovering between five and six per cent and home prices remain above their pre-pandemic levels, discussions surrounding the mortgage stress test have been prevalent across the Canadian real estate market.
A significant uptick in sales and values in the Winnipeg housing market in the last six weeks of 2023 has set the stage for home-buying activity in 2024, according to findings from RE/MAX Canada’s 2024 Tax Report.
Purchasing a property is a significant decision that involves carefully considering various factors, including location, condition, and price. For some buyers seeking unique opportunities in the Canadian real estate market, foreclosure properties present an alluring prospect. As these properties are typically sold at a lower price than their market value, they offer the potential for substantial cost...
Commercial real estate offers a lucrative avenue for investment, providing opportunities for both seasoned investors and newcomers alike. Unlike residential properties, commercial real estate encompasses a wide range of asset types, including office buildings, retail spaces, industrial warehouses, and multifamily complexes. Investing in commercial real estate can yield significant returns over time,...
In the aftermath of the holidays, it's essential to reassess your property insurance, especially with new valuables and recent upgrades. To safeguard your investments, consider updating your policy to include items like TVs, appliances, and electronics. Additionally, use technology to capture images of each room and improvement with your phone, creating a documented record for added...
In the quest for a peaceful and fulfilling life, many individuals are turning to the serene charm of rural living, recognizing the unique benefits it brings to both individuals and families. Exploring the prospect of buying rural properties with the McKillop Team can open doors to a lifestyle that harmoniously integrates with nature and the community. Let's delve into why rural properties are a superior...
Heading into 2024, home improvement trends are sharply focused on combining practicality, eco-friendliness, and technological innovation.
Maximalist design and deliberate style statements are expected to dominate the landscape of home décor in 2024, as highlighted in the forward-looking 2024 Pinterest Predicts report. Renowned for its foresight in predicting emerging trends, Pinterest leverages insights from its vast user base of 482 million monthly users seeking advice and inspiration across various lifestyle categories, such as...
Winter is a season that brings along chilly temperatures, snow, and icy conditions. While it is a beautiful time of year, it is crucial to take certain precautions and make necessary preparations to ensure that your home remains warm and cozy during this period.