As you may know, Hillary Farr and David Visentin help homeowners make the decision to either renovate and keep their home or reno and sell it for the most money possible so they can buy a better home for them. Well in their most recent episode, they reiterated the single best advice for upgrading your home, mentioning their #1 reno rule: “Always renovate with the next buyer in mind.”
Justin Bieber bought a home in Beverly Hills in March of last year for $8.5M and decided it’s not for him. It’s now on the market for $9M. Over 6000 sq ft, 5 bedrooms and 7 bathrooms, theatre room, wine cellar, bar and a He and Hailey Baldwin have bought a $25 Million Dollar mansion that is a better fit for them.
Wayne Gretzky built this house in California in 2002, sold it to Basball player Lenny Dykstra for $18.5M. He went bankrupt and sold for the place at auction for $12.7M back to Wayne! Not a bad set of circumstances for the Gretzky family! They now have it on the market again, listed at $22.9M. It’s on 6 acres with a 13,000 sq ft home with 6 bedrooms and 8 bathrooms, tennis court, gym, movie room, billiard room and a huge pool.
Here are 5 easy, pretty low cost renos you can do to your home to help avoid catching COVID-19 in home. Beyond this pandemic, there’s no doubt these updates would play a factor in preventing catching common colds and keeping infectious germs away after being installed as well!
Ellen and Portia bought a home for $27 Million dollars in California last year, did a major reno and have now listed it for $40 Million. 10,000+ square feet with 9 acres on top of a hill.
The vacancy rate for Commercial Real Estate leasing in London has actually gone down by .5%, but with more people working from home because of COVID-19, London’s largest commercial realty firm says to expect vacancies to go up over the next 6 to 12 Months.
Country royalty has put up a $23 Million dollar home in Franklyn Tennessee, making it the most expensive home for sale right now in the Nashville Metro Area. The house is 22,000 square feet! Click to see who it is and the pictures of the home.
See a comparison of the cheapest house for sale in Toronto right now, vs two houses currently for sale in London at the same price. No wonder people are flocking from Toronto to London!
There’s something to be said about the idea of Tiny Houses for seniors instead of enormous hotel style complexes. Not that they are all bad or that there is a “one size fits all” solution that is perfect for everyone, but my friend Lisa Brandt makes some great points about a movement underway to change how we care for seniors. Read her article about this through the link below.
A primary reason why the value of London, Ontario homes have been steadily going up is because comparitively, London is still cheap compared to cities to the east of us. The price of a home in the Greater Toronto Area home went up 40% in August, 2020 with an average sale of $951,404!