8/2/2019 North Toronto Living Voice March

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M A R K A R N S T E I N

northtoronto

LIVINGVoiceMARCH 2012 |vol. I issue 3news

WORTHYTight SupplyContinues to PushPrices Higher

eater Toronto REALTORS reported 7,032 salesFebruary, up 16 per cent compared to lastbruary. New listings were also up over the

me period, but by a lesser 11 percent.With slightly more than two months of inventory

the Toronto Real Estate Board (TREB) marketea, on average, it is not surprising that com-etition between buyers has exerted very strong

ward pressure on the average selling price.ce growth will continue to be very strong untile market becomes better supplied, said TREBesident Richard Silver.

is important to note that both buyers and sell-s are aware of current market conditions. This isidenced by the fact that homes sold, on aver-

ge, for 99 per cent of the asking price in Febru-y, continued Silver.

tight market conditions continue to result ingher than expected price growth as we moveo the spring, expectations for 2012 as a wholel have to be revised upwards, said Jason Mer-r, TREBs Senior Manager of Market Analysis.urce:TREB)

February Market

ACTIVITY REPORTC10C04

Total Listings

Total SalesAverage Price

vg. Days on MarketAvg. % of List

172

88$692,786

15

103%

266

147$1,014,144

19

102%

Price it rightRight from

the start

Putting your home on the market for a succesfulsale requires navigating what we call the ThreePs - Presentation, Positioning, and Price.

Presentation refers to the subjective nature ofhow the home is shown. How does it look in print, on the web, and in person. It has to showwell and the agent representing you has to show it even better. The words we use to describeit and the accompanying images have to entice buyers and their agents to not just like the

home but absolutely want it.

Positioning is how the home shows up in searches objectively. Be realistic and never mincewords for the sake of a false promotion. This is key to attracting the right potential buyers whocome and have their expectations blown away by what they experience. To do anythingelse risks disappointment in promises that failed to deliver. Remember, you only need oneright buyer.

Pricing relates very much to Positioning and this is where you need a representative who deep-ly understands the local market. Price it too high and youre bound to sit in disappointment asbuyers pursue other options. Those options may be to purchase your neighbours home or towait for a better opportunity. Negotiation will help to get you the best price possible but only ifyour initial asking price is close to what the market perceives as good value. You do not wantyour home to be seen as expensive for that means that the buyers do not see the value init. The key to driving home a great selling price is to present it, position it, and price it right, rightfrom the start, attracting buyers who have been looking for a wonderful home just like yours.

WHATS HOTWhimsical Tea Towels

Liven up your kitchen by toss-ing away those old rags andreplacing them with fresh,cute, bright designs.

TIPS

@HOME SpringCleaningThe rst day of Spring is March 20thand for many its time to get a freshstart. When it comes to cleaning youjust have to attack it and the best wayis from the top down. Take note of anysmall repairs that need to be done andget at them. If you need a handymanrecommendation give us a call and

well set you up with someone great!

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MarketPlacein Marks

KITCHENGet IrishEvery Day!

March 17th may be the day to celebrate StPatrick driving the snakes out of Ireland but thatdoesnt mean it has to be the only day youserve up this awesome stew.

Beef andIrishStoutStew(makes6servings)

Ingredients

2poundsleanbeef stewmeat,cut into1-inch cubes

3tablespoons vegetable oil,divided

2tablespoons all-purposeour

1pinch saltandgroundblackpepper totaste

1pinch cayenne pepper

2largeonions,chopped

1 clovegarlic, crushed

2 tablespoonstomatopaste

1 1/2cupsIrishstout beer (suchasGuinness)

2 cups choppedcarrot

1sprig freshthyme

1tablespoon chopped freshparsley for garnish

Directions

Tossthebeef cubeswith1tablespoonofvegetableoil.Ina

separatebowl,stirtogethertheour, salt,

pepper,andcayennepepper.Dredgethebeef inthisto coat.

Heatthe remainingoil inadeepskillet orDutchovenovermedium-highheat.Addthebeef,andbrownon

allsides.Addtheonions, andgarlic. Stirthetomatopasteintoa

smallamount ofwatertodilute;pour into

thepanandstirtoblend. Reducetheheat tomedium, cover, an

dcookfor5minutes.

Pour1/2cup ofthebeerintothepan,and as it beginsto boil, sc

rapeany bits offoodfromthebottomof

thepanwithawoodenspoon. Thisaddsalotofavortothebro

th.Pourintherest of thebeer,andadd

thecarrotsandthyme.Cover,reduceheat tolow, andsimmerfo

r 2to3hours, stirringoccasionally.Taste

and adjustseasoning beforeserving. Garnishwithchoppedpars

ley.

342BROOKDALEavenue

LEASED!

77BEDFORDPARKavenue

SOLD!

offthemarket

Stunning church conversion in 2001 this 2 Bed + Den is oneof only 30 units . With 20 high cathedral ceilings, this 1530sq.ft. unit also boasts an 850 sq.ft. private terrace lled withsunshine . Includes two parking spaces and two lockers.

250SPADINAavenue

250spadina.com

onthemarket

SOLD!

OverAs

king

326BROOKDALEavenue

305-65SHELDRAKEblvd

65sheldrakeblvd.com

NewListing!

NewListing!

EXCLUS

IVE

north

TRIVIA

How well doyou know yourneighbourhood?

toronto

These gates stood in 1922 to the entrance of thenew subdivision that would one day be knownas Bedford Park and Ledbury Park.

The street they mark is named after the realestate company who rst subdivided the areapurchased after the death of newspaper mag-nate Alfred St. Germain.

What intersection was this in 1922?

answer at bottom of page

answer:MelroselookingWestfromYonge

wheream I?

Luca Tavernese

Mobile Mortgage Specialist

T: 647.938.2708

luca.tavernese@td.com

Why you should choose a Mobile Mortgage Specialist for your home nancing needs:

e are experts in home nancing and will help you choose the best option to meet your needs.

e are available outside regular business hours - suit your schedule.

e offer free mortgage pre-approvals and consultations with no obligations.

u can also recieve a xed interest rate guarantee for up to 120 days, some conditions may apply.

Ferguson Designs Inc.

Interiors. Renovations. Construction. Finishes.Project Management.

416.201.2957

www.fergusondesignsinc.com

The Coop Ink3435 Yonge StreetToronto, Ontario. M4N 2N1416.544.9944

email | info@coopink.com