# The Blue Coast Team > Real estate website, serving Sarnia, ON. ## Agent - Sean Ryan, Broker - The Blue Coast Team - Phone: 2267780747 - Address: 169 Christina St N, Sarnia, ON ## Pages - [Home](https://www.sarniaproperty.com) - [About Us](https://www.sarniaproperty.com/about-us) - [Selling](https://www.sarniaproperty.com/selling) - [29 Essential Tips That Get Homes Sold Fast and For Top Dollar $$$ ](https://www.sarniaproperty.com/29-essential-tips) - [How to Sell a House that Didn`t Sell ](https://www.sarniaproperty.com/your-home-didnt-sell) - [How to Sell Your Home Without a Real Estate Professional ](https://www.sarniaproperty.com/selling-privately) - [Sellers Discover How To Sell For Thousands More Using These Four Easy Steps](https://www.sarniaproperty.com/4-big-seller-mistakes) - [Free Home Evaluation](https://www.sarniaproperty.com/free-home-evaluation) - [Sold in 27 Days - Yes I Want The Report ](https://www.sarniaproperty.com/sold-in-27-days-yes-i-want-report) - [Your Area Prices](https://www.sarniaproperty.com/prices-in-your-area) - [Buying](https://www.sarniaproperty.com/buying) - [Learn How to Beat Other Buyers to Hot New Listings ](https://www.sarniaproperty.com/hot-new-listings) - [Distress Sales/Bank Foreclosures ](https://www.sarniaproperty.com/distress-sales) - [Save Money When Purchasing Your Next Home ](https://www.sarniaproperty.com/avoid-paying-too-much) - [Don`t Pay Another Cent to Your Landlord. 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2:00 pm Where: Parkway Pentecostal Church   Good Friday Fish Fry When: 4:00 pm - 6:30 pm Where: Port Lambton Community Hall   Pickerel Dinner When: 4:30 pm - 6:00 pm Where: St. Joseph’s Parish Centre, Corunna   Petrolia Easter Egg Hunt When: 12:30 pm Where: Greenwood Recreation Centre, Petrolia   Fish Dinner When: 4:30 pm Where: St. Phillip's Parish Hall, Petrolia Cost: $18   Second Hand Story Easter Musical Drama When: 7:00 pm Where: Lakeshore Community Church   Easter Cantata, King Of Glory When: 7:30 pm Where: St. James Presbyterian Church, Sarnia   Love Your Greats: The Search for Environmental Optimism When: 7:00 pm Where: Sarnia Library Auditorium   Paint Ontario Art Show & Sale When: 10:00 am - 5:00 pm Where: Lambton Heritage Museum   Good Friday Service When: 10:30 am - 11:30 am Where: Huron Baptist Church Saturday, April 20th   Chili Cook-Off When: 2:00 pm Where: Alvinston Legion   Elimination Draw When: 3:00 pm Where: Alvinston Legion   Daylight For Deadeyes When: 7:00 pm Where: Paddy Flaherty's, Sarnia Sunday, April 21st   Easter Brunch When: 9:30 am - 1:00 pm Where: Brigden Fairgrounds Exhibition Hall   Easter Breakfast When: 9:00 am Where: The Forest Legion Cost: $10   Throttle Itch Spring Run When: 10:00 am Where: Lady Luck Riders Clubhouse ### [This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/this-weekend-in-sarnia-lambton) Friday, April 12th   Pasta Dinner When: 5:00 pm - 7:00 pm Where: Corunna United Church   The Human Rights When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Sarnia Rock & Fossil Club Meeting When: 7:30 pm Where: Twin Lakes Terrace Retirement Home Saturday, April 13th   Sarnia Roadrunners Runs When: 9:00 am Where: Terry's Loop - Canatara Park   Sharing Smiles Day When: 10:00 am Where: Great Lakes Secondary School   Spring Double Meat Raffle, Catch The Ace Draw And 50/50 Draw When: 3:00 pm Where: Forest Legion   Dedicated Meat Raffle When: 3:30 pm Where: Alvinston Legion   Colour Picture Book When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Lambton Centre – Trivia Night When: 7:00 pm Where: Forest Legion   Spring Dance Easter Celebration When: 8:00 pm Where: Sarnia Legion Sunday, April 14th   Lambton Concert Band – Fantastic Creatures Musical When: 1:30 pm Where: Sarnia Library   “Thank Goodness it's Spring" Country Jamboree When: 12:00 pm Where: Brigden Fairgrounds Exhibition Hall   Easter Egg Hunt When: 12:00 pm Where: Corunna Athletic Park ### [March 2019 - Real Estate Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/march-2019-real-estate-market-update-for-sarnia-lambton) ✅ 297 active listings ✅ $42.5 Million in Sales ✅ 136 sold listings ✅ Average house price $316,049 ✅ Price increased by 10.5% compared to March 2018 ✅ 40% of Listings between $200,000-$400,000 ✅ 1 less home on the market compared to March 2018 ✅ The number of sales increased by 28 from February ✅ Still a great time to buy a rental property     ### [Sarnia-Lambton Event Listings (April 5th-7th)](https://www.sarniaproperty.com/blog_read/sarnia-lambton-event-listings-april-5th-7th) Friday, April 5th   Home Show When: April 6th-8th Where: Clearwater Arena   The Oil Museum of Canada’s PD Day Series presents: Looking for Spring When: 11:00 am - 4:00 pm Where: Oil Museum of Canada   Red Cross Babysitting Course When: 8:30 am - 4:30 pm Where: Mooretown Sports Complex   PA Day P.J Party When: 7:00 am - 6:00 pm Where: Boys and Girls Club   Lambton Esports Open Competition When: 11:00 am Where: Lambton College Athletics and Recreation Complex   Catch The Ace And Fish Fry When: 4:00 pm Where: Rack N Roll   Trade Show When: 5:00 pm Where: Bayside Mall   “Paddles Up” Quarter Auction When: 7:00 pm Where: Oil Springs Youth Centre Saturday, April 6th   Motown Event When: 7:00 pm Where: Moose Lodge   Upside Of Maybe When: 7:00 pm Where: Paddy Flaherty's   The "Spring" Show and Sale When: 9:00 am - 5:00 pm Where: Alexander Mackenzie Secondary School Sunday, April 7th   Introduction to Taoist Tai Chi Art When: 1:30 pm Where: Lochiel Kiwanis Centre   Petrolia & District Skating Club Ice Show When: 1:00 pm Where: Greenwood Recreation Centre   Progressive Euchre Tournament When: 11:30 am - 12:30 pm Where: Corunna Legion ### [5 Inexpensive Home Improvements](https://www.sarniaproperty.com/blog_read/5-inexpensive-home-improvements) Five home improvements you can do on a small budget.   ✅ Spend a bit of time with a pro Get your realtor or an interior designer in your home for a quick visit, and ask their cost of consultation (less than $100/hr normally). They can give you plenty of ideas to work with for home improvements, such as paints colors, furniture placements, & decor and more. They go a long way in improving your home's look and feel.     ✅ Paint, Paint, Paint! Painting is one of the most cost-effective improvements you can make. A new paint job can transform a room, giving a fresh, clean and updated feel - and that adds value. Keeping the colours neutral will appeal to the widest range of people, making it even more desirable. A gallon of paint is, on average, around $25, so grab a few and get at it!     ✅ Get Inspired! Hiring a designer might not be an option for everyone due to money or availability. In this case, you'll need to look around for remodeling and decorating inspiration. Home design & improvement magazines, books, TV shows, and websites, like Pinterest, can be very valuable in sparking ideas. Kickstart a to-do list with some ideas from these resources, make a plan and tackle it as a do-it-yourself project.     ✅ Reduce Energy Costs Energy efficiency in the home is a hot topic. People often incorrectly consider energy costs as being fixed, but there is plenty you can do cut costs. In fact, many local utility companies provide free energy audits of their customers' homes. The feedback they give you will show you how to maximize the energy efficiency of your home, which in turn will save you money. With the savings you gain, consider reinvesting them back into the home for updates.   https://www.uniongas.com/residential/save-money-energy/weatherization ✅ Inspect it While home inspections are most often performed for the purpose of home buying, they can be a really smart way to get the full picture of the state your home. Time causes wear and tear on your home, and know if you have issues like roof deterioration, outdated electrical systems, rodent/bug problems, you need them to be taken care of. But you can't take care of an issue if you're unaware of the issue. Home inspectors look at everything, from the superficial to the functional to the structural. They may discover hidden problems that could negatively impact your home's value. Small problems (such as a hidden water leak) can become big, expensive problems quickly; the longer you put off repairs, the more expensive those repairs will be.     ### [10 Tips for Buyers and Sellers](https://www.sarniaproperty.com/blog_read/10-tips-for-buyers-and-sellers) 10 Tips for Buyers and Sellers   Winter weather has traditionally been known to chill the real estate market, which potentially gives buyers leverage when home hunting. When Spring arrives, the weather isn't the only thing that heats up. Buyers and sellers motivation to go out and find a suitable home increases dramatically in the warmer months. When the snow recedes and flowers emerge, curb appeal is boosted, which can be very favorable for buyers and sellers. If you're thinking of putting your home on the market or are interested in a new home, here are some tips to help get you ready.   5 Tips for Buyers   1. Make sure your credit is good. Your credit history has a major impact on home purchase financing, especially for first-time home buyers. Get a credit check so you can correct any errors, and take measures to boost your credit score if needed.   2. Get pre-approved for a mortgage. Early in your search, meet with a mortgage lender who will take a look at your credit history, savings, investment statements, and your current financial situation. Pre-approval gives you leverage when making an offer and allows less stress when you are looking for a home by knowing what you can afford.   3. Set your budget. Whether you're paying in cash or financing your purchase, establish a budget helps you focus your search on great homes within your price range.   4. Write a list. Since buying a home is a process of elimination, not a process of selection, jotting down a list of your ideal home's must-haves and deal breakers is essential. This will help you to narrow your search so that you can find a home that fits your current and future needs.   5. Consider resale value. The average homeowner lives in their home for 9 years. While you may purchase your home as a long-term investment, keep in mind that you may need to sell it one day. Consider the homes resale value when you're looking at properties.   5 Tips for Sellers   1. Clear the clutter. First impressions of a home are critically important for increasing the interest in a sale. Get rid of accumulated clutter before you put your home on the market; the rooms will look not only tidier but more spacious as well. The best way is to tackle one room at a time, and divide into 3 piles: keep, donate, and toss.   2. Pack it up. Get your non-essentials that you want to keep boxed up (think out of season clothes or sporting equipment). Consider packing up sentimental and valuable items, as it can help prevent your valuables from damage while allowing potential buyers to better picture themselves living in your home.   3. Research the local market. Knowing how much the homes in your neighbourhood are selling for and how long they stayed on the market can help you gauge your home's value and estimate a timeframe for the sale.   4. Make repairs & improve the property. Boost your home's curb appeal by doing minor repairs and improvements inside the home and out. Tackle any necessary repairs, paint your walls a neutral color and replace light fixtures or appliances that are damaged or out of date. Make sure to do a thorough clean - when your home is dirty, potential buyers can be put off even though issues may be only superficial.   5. Be realistic. While it's good to get a feel for the local market, be realistic about the selling process. Having realistic expectations for your home sale will help to relieve some of the stress of selling.   Most buyers now look online for properties for their first step in the buying process. Having a good online presence for your home is becoming more and more of an asset now.   Finding a realtor with a strong online presence will help in the buying and selling process.   If you're thinking of buying or selling call us at 519-331-3746, and remember to Put Sean on Your Lawn! ### [This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/this-weekend-in-sarnia-lambton-1) Sarnia-Lambton Events (March 29th-31st) Friday, March 29th   Fish Dinner When: 4:30 pm - 6:30 pm Where: St. Philip Parish Hall, Petrolia   Pickin’ N Fiddlin' When: 7:00 pm Where: Wyoming Legion   Euchre When: 1:00 pm Where: Sombra Hall   Paint Ontario 2019 When: March 29th - April 20th Where: Lambton Heritage Museum Saturday, March 30th   International Symphony Orchestra When: 7:30 pm Where: Temple Baptist Church   Fresh Breath When: 7:00 pm Where: Paddy Flaherty's   Rock for Dimes When: 8:00 pm - 12:00 am Where: BrownStones   Open Jam Session + Meat Draw When: 2:00 pm Where: Corunna Legion   Meat Raffle When: 4:30 pm Where: Brigden Legion   Dedicated Meat Raffle When: 2:30 pm Where: Alvinston Legion   “Vantage Point” Art Exhibit When: 11:00 am - 3:00 pm (Sat. & Sun.) Where: Gallery in the Grove Sunday, March 31th   Thedford Skating Club Annual Carnival When: 2:00 pm Where: Legacy Recreation Centre, Thedford   Keltara In Concert When: 3:00 pm Where: Lawrence House   Annual Beef Dinner When: 4:30 pm - 6:30 pm Where: Brigden Fairgrounds ### [Weekend Events Sarnia-Lambton (Mar. 22nd-24th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-mar-22nd-24th) Things to do in Sarnia-Lambton This Weekend Friday, March 22nd   Euchre @ Sombra Hall When: 1:00 pm Where: Sombra Community Hall   Trivia' When: 7:00 pm Where: Brigden Legion   Saturday, March 23rd   Exhibition “Vantage Point” When: March 23rd-24th Where: Gallery in the Grove, Bright's Grove   Sandra Mogensen in Concert When: 2:00 pm Where: Sarnia Library   Mixed Dart Tournament When: 1:00 pm Where: Alvinston Legion   Friends & Family Pottery Fundraiser Night When: 6:00 pm Where: Real Canadian Superstore - Sarnia   4 Barrel Blues Band When: 7:00 pm Where: Paddy Flaherty's, Sarnia   The Mudmen When: 8:00 pm Where: Victoria Playhouse, Petrolia   Meat Draw When: 4:00 pm - 6:00 pm Where: Corunna Legion   Sunday, March 24th   Failte In Concert When: 3:00 pm Where: Lawrence House   Roast Pork Dinner When: 4:30 pm - 6:30 pm Where: Camlachie United Church   Spaghetti Dinner & Dutch Auction When: 5:30 pm Where: Grace United Church ### [Events This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/events-this-weekend-in-sarnia-lambton) Friday, March 15th   Hatchery Open House When: 10:00 am - 4:00 pm Where: Bluewater Anglers   Food Explorer When: 5:00 pm Where: Central Lambton Family Health, Petrolia   Aces High When: 7:00 pm Where: Paddy Flaherty's   Exhibition “Vantage Point” When: March 15th - 16th Where: Gallery in the Grove   Meat Draw When: 4:00 pm - 6:00 pm Where: Corunna Legion   Saturday, March 16th   Pickerel Fry & Dance When: 5:00 pm - 12 am Where: Corunna Legion   Hatchery Open House When: 10:00 am - 4:00 pm Where: Bluewater Anglers   2019 Annual Ipperwash Maple Syrup Festival When: March 16th-17th Where: The Legacy Recreation Centre   Sarnia Roadrunners Runs When: 8:00 am Where: Canatara Park, Point Edward   Open Pool Tournament When: 1:00 pm Where: Alvinston Legion   St. Patrick’s Day Pot O’Bowl Fundraiser When: 5:30 pm Where: Marcin Bowl, Point Edward   Art Hratchian & Friends When: 7:00 Where: Paddy Flaherty's   Sunday, March 17th   St. Paddy’s Day Fish Fry When: 5:00 pm - 8:00 pm Where: Dark Horse Estate Winery   St. Patrick’s Day Breakfast When: 9:00 am Where: Forest Legion   St. Patrick’s Day Irish Stew When: 5:00 pm - 7:00 pm Where: Oil Springs Church   Sarnia Pride Alliance – Social And Game Night When: 6:00 pm Where: Grace United Church   St. Patrick’s Day with The Blaggards When: 7:00 pm Where: Paddy Flaherty's ### [February 2019 Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/february-2019-market-update-for-sarnia-lambton) February 2019 Market Update Your February 2019 Market Update for Sarnia-Lambton is here! ✅ 284 active listings ✅ $31 Million in Sales ✅ 106 sold listings ✅ Average house price $301,873 ✅ Price increased by 6.5% compared to February 2018 ✅ 49% of Listings between $200,000-$400,000 ✅ 11 more listings compared to January ✅ Number of sales decreased by 5 ✅ Investors are doing well right now renting out their properties ✅ Great time to buy a rental property   February 2019 Market Update   Your February 2019 Market Update for Sarnia-Lambton is here! ✅ 284 active listings ✅... Read More   Call or Text 519-331-3746 to buy, sell or learn more about the Sarnia-Lambton Community.   #PutSeanOnYourLawn ### [Great Things To Do This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/great-things-to-do-this-weekend-in-sarnia-lambton) Great Things To Do This Weekend in Sarnia-Lambton Friday, March 8th   Euchre @ Sombra Hall When: 1:00 pm Where: Sombra Community Hall   NERF Night When: 6:00 pm - 8:30 pm Where: Courtright Silverdome   Progressive Euchre When: 7:00 pm Where: Brigden Legion   Pathways’ Under the Sea When: 7:00 pm Where: Imperial Theatre   Live Concert When: 7:00 pm Where: The Lawrence House   Saturday, March 9th   Jeff Leeson – Grandma Used To Heckle Me Comedy Tour When: 8:00 pm Where: Imperial Theatre   2019 Forest Kiwanis Pancake Breakfast When: 9:00 am - 2:00 pm Where: Forest Legion   Pancake Breakfast And Maple Syrup Tours When: Sat/Sun @ 9:00 am Where: Forest Kiwanis Club   Cat Mania When: 10:00 am Where: Degroot's Nurseries   Mel Wilkinson Dart Tournament When: 11:00 am Where: Corunna Legion   Alvinston Legion – Dedicated Meat Raffle When: 3:30 pm Where: The Alvinston Legion   Max Marshall When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Sunday, March 10th   St. Patrick`s Day Jamboree When: 12:00 pm Where: Brigden Fairgrounds ### [Houseplants 101](https://www.sarniaproperty.com/blog_read/houseplants-101) Live plants can do wonders for you and your home. Indoor plants are not only decorative, but they also help clean the environment and air around them. From succulents to blooming houseplants, learn everything you need to know to have your plants thriving in your home. Incorporate Live Plants Into Your Home Succulents: These low maintenance plants are the perfect starter plants. Especially great for busy homeowners, they don’t require much watering or care and add a nice accent to any room in the house. Humidity loving plants: Bathroom plants can make any bathroom look cheery and bright. Place your flower pot on gravel, loose rocks or sand to trap moisture and keep your plants happy year-round. Kitchen herbs: Your kitchen and cooking will benefit from kitchen herbs! Place them on your windowsill and use them in your favorite dishes. Hanging plants: Hanging potted plants is a fun way to spice up your decor. Adding hanging baskets to an existing collection of houseplants creates a layered look, with plants from floor to ceiling. The Best Indoor Houseplants Peace Lily Peace Lily's purify the air, provide a calming ambiance, and even neutralize harmful indoor gases. These are perfect indoor plants because they flourish in dark areas, such as bathrooms, bedrooms, and offices. Golden Pothos These are a household staple, especially if you find yourself looking at a screen all day. Other than purifying the air, they also prevent ocular hypertension. When you've had too much screen time, relax your eyes and take a break with the Golden Pothos. Cacti Cacti are great indoor plants for those who can't seem to keep plants alive for long. Cacti don't require much care and grow all on their own. They require minimal watering, so keep these beauties out of your weekly watering routine! Snake Plants Snake plants are vibrant and fun, and also require little maintenance. They thrive on indirect sunlight, and flourish with a single touch. The best approach when caring for snake plants is to drench and dry, which can extend their lives significantly. Another plus: these guys absorb benzene, xylene, toluene, and keep the system free of toxic fumes. Weeping Fig Don't let the name throw you off. These plants are ones experts say must find a place in every household. They will help filter out hidden pollutants in common places such as carpets, curtains, furniture, sheets, etc. Weeping figs basically act as an air purifier. Calatheas These beauties not only provide colorful décor, but also facilitate a better indoor environment by purifying the air. Don't be alarmed when their leaves close at night, they'll open again in the morning! How to Care for Indoor Plants Once you’ve decided to grow houseplants, you’ll need to know how to care for them - especially as the seasons change, you’ll need to help your plants adapt to the climate inside your home. Repotting I bought a plant… how do I add it to my pot? Choose the right container and potting mix. The biggest plant killer is soggy soil. You must find a new pot that is only slightly bigger and has the proper drainage for excess water. Choose an all-purpose potting mix for most plants or a cactus mix for succulents that require excellent drainage. Climate In the fall and winter, you’re most likely turning the heat up in your home. This could be a problem for plants that favor humidity or cooler temperatures. Be sure to keep a close eye on the changing nature of the plant’s water consumption and what climate they prefer. If you notice your plant leaves turning yellow or develop brown patches, consider purchasing a humidifier and moving your plant to a warmer or cooler location. Lighting Along with drops in temperature, colder seasons also mean fewer hours of sunlight. If your plant requires direct or indirect sunlight to grow, consider placing plants in windowsills or purchasing a grow lamp if this isn’t enough. Nutrients Some plants need additional nutrients in the fall and winter in order to flourish. Not to worry, as this can easily be accomplished by repotting your plants with nutrient-rich soil, which releases nutrients over time. Some soil is specially formulated for indoor plants, which feature all the basic nutrients they will need to thrive inside your home. Need a new home for your plants? Don't stress, our team is here to help you. Take the first step and schedule a call today. Contact Us ### [7 Ways to Sabotage The Sale of Your Home](https://www.sarniaproperty.com/blog_read/7-ways-to-sabotage-the-sale-of-your-home) Through the years, we’ve worked with countless sellers. The sale of your home relies on a number of factors, and we understand it’s easy for things to fall through the cracks. Don’t let these traps sabotage the sale of your home. We’re here as a resource for this potentially stressful transaction to be a smooth sail from listing to closing. Mistake #1 - Not Knowing The Local Market   Knowing the sold price of homes in your neighborhood gives you a good idea of how much you should list your home for. Overpricing can leave your home on the market for longer than anticipated, putting things on hold. We keep track of the neighborhood statistics for you, so you’ll always be up to date. Mistake #2 - Overlooking Easy Fixes Before An Appraisal   Pass your home inspection with flying colors! Low-cost updates throughout your home, especially in the kitchen, bathroom, family room, and the overall curb appeal can boost your appraisal. Be sure to keep a record of all major home renovations! Mistake #3 - Keeping The Clutter   First impressions are long lasting. You may be blind to your home’s disorganization, but it will be the first thing a buyer will notice. When a buyer is serious about a home, they'll want to see every inch of it. Don’t forget to clear out closets, drawers, and all those small places where clutter can build up. Mistake #4 - Poor Photography   When most home buyers begin their search online, photos are your home’s first impression. Instead of using an iPhone, we hire a professional photographer to show your home on its “best” day. Professionally staging your home paints a picture for potential buyers, which is a service we’re happy to offer. Mistake #5 - Weak Marketing Strategy   Most sellers don’t work with realtors who have a strong online presence. When you sell with us, we make sure your home gains maximum exposure to potential buyers. Our website and email blasts, coupled with our use of targeted Facebook marketing, allows our properties to reach thousands. Mistake #6 - Selling Your Home FSBO (For Sale By Owner) & Not Using An Agent   Some think selling a home on their own is easy, but at the end of the day, you’ll most likely need the help of an expert. Not only will we provide invaluable market insight, but we’ll help you through all the paperwork and negotiate for you. Homes also tend to sell for more when working with a realtor. (According to NAR, FSBO's accounted for 7% of home sales in 2017. The typical FSBO home sold for $200,000 compared to $265,500 for agent-assisted home sales.) #7 - Life Happens   Some buyers might get cold feet or have a change of heart. This is one area where sellers have minimal control over, and most of the responsibility is on the buyer. Some need to make a big purchase right before closing, which can cause their loan to fall through. Some things are out of your control… but we’re here to ensure everything in our control goes smoothly. ### [What to Do This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/what-to-do-this-weekend-in-sarnia-lambton) Friday, March 1st   World Day of Prayer When: 1:30 pm Where: St. Andrews Presbyterian Church Mooretown   Classic Albums Live - QUEEN When: 8:00 pm Where: Imperial Theatre   67th Annual Mixed International Bonspiel When: Mar. 1st-3rd Where: Sarnia Golf & Curling Club   Sarnia Artists Workshop When: 6:00 pm Where: Lawrence House   Youth Dance When: 7:00 pm Where: Boys and Girls Club, Sarnia   Saturday, March 2nd   Meat Raffle When: 4:30 pm Where: Brigden Legion   Donovan Woods & The Opposition When: 8:00 pm Where: Imperial Theatre   Euchre Tournament When: 1:00 pm Where: Alvinston Legion   Bowling For Wildlife When: 1:30 pm Where: Marcin Bowl   Five Alarm Funk When: 7:00 pm Where: Paddy Flaherty's   Book and Bake Sale When: 9:00am - 12:00 pm Where: Paterson Memorial Church   Sunday, March 3rd   Hank Stothers Memorial Cribbage Tournament When: 1:00 pm Where: Corunna Legion   Alvinston Motorcycle Swap Meet When: 10:00 am - 3:00 pm Where: Alvinston Community Center Complex   Hank Stothers Crib Tournament When: 1:00 pm Where: Corunna Legion ### [What to Do This Weekend in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/what-to-do-this-weekend-in-sarnia-lambton-1) Friday, February 22nd   Pickin’ N Fiddlin’ When: 7:30 pm - 11:30 pm Where: Wyoming Legion   Jazz Musician… Phil Smy When: 7:00 pm Where: Lawrence House   Euchre @ Sombra Community Hall When: 1:00 pm Where: Sombra Community Hall   Boys And Girls Club – Kids Night Out When: 6:00 pm Where: Boys and Girls Club - Lochiel St, Sarnia   “James And The Giant Peach” Show Open Auditions When: Fri: 6:00 pm, Sat: 10:00 am & 2:00 pm Where: Dow Centre for Youth Saturday, February 23rd   International Symphony Orchestra Presents Night Dreams & Dances When: 7:30 pm Where: Imperial Theatre   Red Wanting Blue When: 7:00 pm Where: Huron Oaks   Dedicated Meat Raffle When: 3:30 pm Where: Alvinston Legion   Valentine Game Show Night When: 7:00 pm Where: First Baptist Church   Toast and Jam When: 7:00 pm Where: Paddy Flaherty's   Sunday, February 24th   Cruisin’ With The Sturgeons – Murder Mystery Event When: 7:00 pm Where: Point Edward Optimist Hall   Roast Pork Loin Dinner When: 5:00 pm Where: Grace United Church ### [Easy Home Updates Potential Buyers will Love](https://www.sarniaproperty.com/blog_read/easy-home-updates-potential-buyers-will-love) Easy Home Updates Potential Buyers will Love Selling your home is a daunting task, and preparing your home to sell is a huge undertaking. However, there are small changes that can make a huge impact on potential buyers, and can even increase the value of your home! Here are a few that you should do right now.     1. Start On The Street An approachable home can make all the difference! A few things to consider doing at a street level: wash the entire exterior, touch up any paint that has weathered over time, remove any overgrown plants and weeds, mow the lawn, and consider adding hardware such as a door knocker or updated numbers to really add that extra “oomph.”     2. Turn To The Kitchen And Bathrooms Now is the time to deep clean the areas you may have been avoiding. Repainting adds ambiance and brightens up any room. Not sure what color to pick? Architectural Digest has a list of 10 best bathroom paint colors to help you decide. Adding new tile and changing cabinet hardware can also make a huge impact. This will give these spaces a luxurious, sleek, and modern feel at a low cost! If you have more time on your hands, consider painting your kitchen cabinets. Architectural Digest also provides paint color & design inspiration to take your kitchen “from cookie cutter to high style.”     3. Let There Be Light A huge factor for buyers is natural light and ambiance. Deep clean and open up your windows to provide fresh air and light—creating instant space. Don’t have natural light? You can add fixtures such as floor, table, and ceiling lights. Remember to purchase high quality LED bulbs that are consistent throughout the entire home. Adding mirrors can also be a huge help to amplify the light in any room. ### [VIDEO: Sarnia-Lambton Real Estate Market Update - January 2019](https://www.sarniaproperty.com/blog_read/video-sarnia-lambton-real-estate-market-update-january-2019)   Sarnia-Lambton Real Estate Market Update - January 2019 Your Sarnia-Lambton January 2019 Market Update is here! If you're wondering what the S... Read More Your January 2019 Market Update is here! ✅ 179 active listings ✅ $33 Million in Sales ✅ 114 sold listings ✅ Average house price $308,072 ✅ Price increased by 9% compared to January 2018 ✅ 40% of Listings between $200,000-$400,000 ✅ 12 Fewer listings compared to December 2018 ✅ 77% increase in the number of sales Call or Text 519-331-3746 to buy, sell or learn more about the Sarnia-Lambton Community. #PutSeanOnYourLawn ### [Happy Valentine's Day!](https://www.sarniaproperty.com/blog_read/happy-valentines-day) Happy Valentines Day Everyone!   We hope you have a great day! ### [Sarnia-Lambton Weekend Update: February 15th-17th, 2019](https://www.sarniaproperty.com/blog_read/sarnia-lambton-weekend-update-february-15th-17th-2019) Sarnia-Lambton Weekend Update   Friday, February 15   Euchre Party When: 1:00 pm Where: Dunlop United Church   Euchre @ Sombra Hall When: 1:00 pm Where: Sombra Community Hall   Saturday, February 16   E’Maawizidijig Potluck Feast When: 11:00 am - 2:00 pm Where: Maawn Doosh Gumig Community and Youth Centre   BBQ Fundraiser With Free Hot Chocolate And Spring Seeds When: 10:00 am - 3:00 pm Where: TSC on London Line   Alvinston Legion – Open Pool Tournament When: 12:00 pm Where: Alvinston Legion   Vegan Wine And Cheese Event When: 7:00 pm Where: St. Clair Corporate Centre, Sarnia   Ben Ainsworth And Phil Young When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Petrolia Heritage Annual Open House When: 0:00 pm - 0:00 pm Where: Victoria Hall, Petrolia   Sunday, February 17   Pancake Supper at Christ Church Petrolia When: 12:00 pm - 6:00 pm/strong> Where: Christ Anglican Church ### [5 Steps Smart Sellers Take to Generate Multiple Offers](https://www.sarniaproperty.com/blog_read/5-steps-smart-sellers-take-to-generate-multiple-offers) Home sales (and values) have been on a strong uptick nationwide thanks to low interest rates, freer lending standards and a drop in the foreclosure rate. Sellers everywhere are breathing a giant, collective sigh of relief! But for all of the buyer activity, it seems like most houses sit on one end of two extremes: they either get snatched up the moment they hit the market (with multiple offers and an above-asking sale price) or seem to languish on the market without an offer insight. All sellers aspire to be on the multiple-offer end of the spectrum. Fortunately, there are steps you can take to make that happen. Here are five tips to move your listing into the multiple offers zone. 1. Price it aggressively. Homes that get multiple offers are often sold in an "auction" atmosphere. If you think back to the last auction you saw on TV or participated in online, you'll remember this basic element of Auctions 101: the starting price is lower – sometimes quite a bit lower – than the final sale price. In fact, it's the low list or starting price that gets people excited about the possibility of scoring a great value, whether they're bidding on an antique Chinese pug figurine on eBay or on your home. And when it comes to your home, it's that same, low-price-seeking excitement that will cause many more buyers to show up and view your home than would have come at a higher price point. In real estate, more showings are an inescapable prerequisite to more offers. This doesn't mean you have to give away the farm, just that sellers who get multiple offers price their properties from a retailer's or auctioneer's perspective. Work with your agent through the comparable sales data – as recent and as comparable as possible – and then do your best to list your home as a slight discount, not at a slight premium, compared to the recent neighborhood sales. That will get buyers' attention. 2. Give buyers and brokers ample access. Put yourself in your target buyer's shoes. Say there are 40 homes on the market which meet their specifications, in terms of bedrooms, bathrooms, square footage, price range and location. And 25 of those top the list. But they only have time to see 8 today. If the buyer's broker can't get into your house today, because you have so many restrictions around showing it, your home could very well miss out on a showing with this qualified, motivated buyer. It might seem overly simple, but if you want multiple offers, it behooves you to make sure your home is available to be shown today. Every day that it is on the market. Inconvenient? Yes. Frustrating? Sometimes. A challenge to keep the place clean at all times? Assuredly. But consider your priorities and what is at stake. If getting top dollar for your home is at the top of your priority list, then you have to be ready and willing to deal with the inconvenience involved in churning up multiple offers and getting your home sold. 3. Make it beautiful. Really, really beautiful. The homes that get multiple offers are those with look, feel and function that can be described in one word: covetable. You're not trying to create a situation in which your home barely edges out the listing down the street in the hearts and minds of your target buyer. If you want multiple offers, you need multiple buyers to fall deeply in love with your home – enough to bid above the listing price, and enough to compete with others for it. To generate multiple offers, prepare your home by ensuring it is: immaculately cleaned from the inside out – closets, basements, garages and crawl spaces included, de-cluttered and staged to the nines – this includes fresh paint, carpet and other things that need replacing in perfect working order – make sure things like doors, windows and systems buyers test (e.g., stoves, faucets, heating and air conditioning) are not creaky, wonky, leaky or otherwise dysfunctional. If you've done any major home improvements or replaced any appliances or systems lately, market that! Show off how immaculate, adorable and move-in ready your home is now – and tout its great working condition for the long run. 4. Expose it to the market. An offer the very first day your home goes on the market may sound like a dream come true. But it might also incur opportunity costs. See, many buyers can't get out to see homes that quickly – some are unable to house hunt except on the weekends. Listing agents who get multiple offers often plan from the start to expose the home to the market long enough for target buyers to see it and get their offers on the table. Some agents expressly include open house and offer review dates in the timeline of the listing. It's not uncommon to see a listing come on the market with a calendar of 1-2 Open Houses and an offer date sometime early in the week following the second one. Ask your agent to brief you on the standard practices for market exposure in your local area. Setting – and publishing – a timeline for market exposure and offers lets buyers know that they will be able to get to the property and get their offers considered, while still creating a sense of urgency. 5. Be ready to course correct. Is your home one of the houses that has been sitting on the market for months without any action? Do not fret – there might still be hope. In real estate, there's something insiders call the Sweet Spot Phenomenon, where an overpriced home sits on the market for months with no bites, sometimes even through multiple price reductions. Finally, the seller lowers the price to the 'sweet spot,' and it generates multiple offers and sells for more than the final list price. Yes – there are listings whose sellers net more than they expected because they were willing to revise the list price downward in response to market feedback (i.e., no showings, no offers or lowball offers). If your home has been lagging on the market, talk with your listing agent about what sort of price reduction strategy is likely to maximize your net sale price. Hint: many more buyers are attracted by chunky reductions or reductions below a common online search price point limit than by tiny, incremental reductions. For example, you might draw more buyers, and ultimately more money, with a price reduction from $499,000 to $474,000 than with a series of small reductions from $499,000 to $479,000, because there is a set of buyers who may be cutting their search off at $475,000 – so a price cut below that point will expose your home to a whole new group of prospects. ### [6 Signs A Home Might Be "The One"](https://www.sarniaproperty.com/blog_read/6-signs-a-home-might-be-the-one) You might have heard that saying about the number of fish there are in the sea – the sea of prospective dates and mates. The same goes for homes on the market. Even when the market heats up as it's doing now, it's not uncommon for a buyer to visit 10, 20, or more homes before finding the property they want to make their home. These numbers can be daunting, but even the most particular buyers, even buyers who are frustrated by how many homes don't seem like the right fit, can take heart in this one truth of dating that also applies to house hunting: You only need to find ONE. So the next question is this: how do you know which fish is the one you should take home – I mean, make your home? To help, here are six signs that a given home you're viewing might, in fact, be "The One":   1. You instantly feel possessive about the property. When you walk into 'The One' no matter how long you've been house hunting, you'll get an involuntary surge of energy to do whatever it takes to make that home yours. If you're at an Open House and other buyers are viewing the place, you'll start to feel competitive. If you're at a private viewing, you'll start to talk numbers and offer logistics. For that matter, some buyers start making calls to their financial planners, generous parents, and contractors from the front porch steps of their "One" – during the first viewing! If you walk through a place and leave with your heart or mindset on making it yours, it might be "The One." 2. You start to see its flaws as adorable quirks. Train tracks 10 feet from the bedroom window? Next door neighbor, that runs a pigeon-sitting service? Okay – I exaggerate! But if you find yourself viewing a home with traits that you would normally deem undesirable or as deal-killers, yet you like the place so much that you instinctively compile a mental list of reasons those traits just don't matter, you might have found "The One." Smart buyers should be aware of a syndrome some call "Pottery Barn Psychosis," whereby the aesthetics of a wonderfully staged home with amazing curb appeal can hypnotize a buyer. This syndrome renders buyers blind to the negative property features, which would be glaring or grave concerns if the place weren't so stinking cute. It's fine to make a conscious decision that the pros of a place outweigh its cons, and even to consciously re-rank your priorities in light of a particular property's advantages. But throwing reasonable guidelines for your home out of the window because it's just so stinking cute is about as savvy as doing the same with your dating prospects – not a setup for success. Buyers can avoid falling victim to Pottery Barn Psychosis (and the Buyer's Remorse that often follows suit) by writing down your absolute musts and deal-breakers before you ever step foot in a single property – and by revisiting this document before you write an offer and again before you remove your contingencies. If you find yourself viewing a home with traits that you would normally deem undesirable, yet you like the place so much that you instinctively compile a mental list of reasons those traits just don't matter, you might have found "The One." 3. You immediately envision your own family, furniture, decor, daily activities or remodeling choices in/to the home. If you find yourself, during a property viewing, measuring the dining room with your footsteps to be sure your Grandma's table will fit, discussing whether the wall between kitchen and dining room can be removed or your mind's eye photoshopping a given property to insert your bedroom set, your dining table, and favorite wall hangings into place it's entirely possible that the home you're viewing could be "The One" for you. 4. You lose interest in seeing other homes. When you find "The One," your interest in seeing other homes dissipates, instantly – no matter how many homes you've seen or how long you've been house hunting. 5. The bathroom and kitchen don't disgust you. We, humans, are born with only two fears in life: the fear of falling and the fear of loud noises. By about eight months old, we start to acquire new fears. Chief among them: the fear of other people's kitchens and bathrooms. Other people's kitchens and bathrooms hold definite gross-out potential. There's just something about what goes on in those rooms that seems exceptionally intimate and even unsanitary. So, if you happen to find yourself falling in love with a home's river rock shower floor or drooling over the pot-filler, countertop, or farmhouse sink, that's a sign that you're falling head over heels with a home that might just be "The One." 6. The money, time, and energy spent feels worth it. Home buying is an expensive, time-consuming proposition. And your years of budgeting have earned you a nice nest egg, but it didn't come easy, there might be many a Saturday night at home and a brown-bagged lunch reflected in your down payment savings. If you view a home that makes all of those sacrifices suddenly feel like the best, most worthwhile decision ever? You, my friend, might have found "The One." ### [The 5 Top Home Buyer Turn-Offs of 2018](https://www.sarniaproperty.com/blog_read/the-5-top-home-buyer-turn-offs-of-2018) Selling a home in today's market can be a bit frustrating. There are all sorts of home staging and property preparation advice out there, and some of it seems daunting or impossible to follow unless you already live in an haute home or have a serious bankroll set aside to whip your place into shape. You can't turn a rancher into a Victorian – so don't bother trying. But you do have more control than you may realize over how desirable your listing looks to potential buyers. In order to know what turns a buyer on you need to know what turns a buyer off. Here are 6 big-time turn-offs that make buyers cringe at the thought of purchasing your home. 1. Cluttered, dirty and/or "fragrant" houses You already know this one. Every seller does. Yet, even in 2018, the era of Houzz and HGTV, buyers across America walk into homes that would make your mother cringe every single day. The people who come to see your home are making one of the biggest decisions they'll ever make. Cluttered countertops, neglected toilet seats, and unattended litter boxes not only invite the viewer to turn up their nose, they practically compel a buyer to walk away. Luckily, you have all the control in the world over how your house looks to your would-be buyer. Some sellers find it helpful to think not about de-cluttering, but about pre-packing. Everything that is not part of the home's decor or furnishing and that is not a must for your daily functioning should be boxed up, and neatly packed away in the garage or a storage unit. You'll have to pack it all up anyway when your home sells, and doing it in advance just makes it more likely the place will sell, stat! Also, no matter how long it takes for your home to get an offer, do not show it without it is completely and totally tidied up: no laundry or dishes piled up, countertops freshly wiped down, mail and paperwork put away and smelly dogs or litter boxes cleaned and/or out of the house. Get every family member on board, kids/cats/canines included, and create a morning or evening cleaning ritual to minimize mad, pre-showing dashes. 2. Overpricing. Buying a house in today's market is hard work! On top of all the research and analysis about the market, buyers have to work overtime to separate the real estate wheat from the chaff, get educated about short sales and foreclosures and often put in many, many offers before they get even a single one accepted. The last thing they want to add to their task list is trying to argue a seller out of unreasonable expectations or pricing. When buyers see a home whose seller is clearly clueless about their home's value and has priced it sky-high, many won't even bother looking at it. If they do love it, they'll wait for it to sit on the market for a while, hoping the market will "educate you" into desperation, priming the pump for a later, lowball offer. Ultimately, you decide what to ask for your home. But you deprive yourself of the professional counsel and expertise you're paying for if you fail to listen to your agent's advice and insights on the subject of the listing price. They will point you to other properties that have sold in your area with similar features and use that data to help you understand the right price range for your home. Worried about setting the price too low? Get buyer's brokers' feedback with an advance broker's open house, and work with your agent on an advance plan for bringing the price down if you get no showings or buyer interest. 3. Deceptive listing descriptions or pictures. Here's the deal: you will never trick someone into buying your home. If listing pics are photo-edited within an inch of their lives, buyers will learn this information at some point. If your neighborhood is described as funky and vibrant, because the house is under the train tracks and you live in between a wrecking yard and a biker bar, buyers will inevitably figure this out. And misrepresentation alone is enough to turn otherwise interested buyers off. In cases where the buyer feels misled, whether or not that was your intention, they can't help but wonder: If they can't trust you to be honest about this, how can they trust you to be honest about everything else? Buyers rely on sellers to be upfront and honest – so be both. If your home has features or aspects that most buyers will see as negative, your home's listing probably shouldn't lead with them. But neither should you go out of your way to slant or skew or spin the facts which will become instantly obvious to anyone who visits your home. And in any event, your pricing should account for all of your home's features, pros, and cons. 4. New, bad, home improvements. Many a buyer has walked into a house that has clearly been remodeled and upgraded in anticipation of the sale, only to have their heart sink with the further realization that the brand-spanking-new kitchen features a countertop made, not of Carerra marble, but brand-new, pink tiles with a kitty cat in the middle of each one. Or the pristine, just-installed floors feature carpet in a creamy shade of blue – the buyer's least favorite color. New home improvements that run counter to a buyer's aesthetics are a big turn-off. In today's era of frugality, buyers just can't cotton to ripping out expensive, brand new, perfectly functioning things just on the basis of style – especially since they'll feel like they paid for these things at the price of the home. Check in with a local broker or agent before you make a big investment in a pre-sale remodel. They can give you a reality check about the likely return on your investment, and help you prioritize about which projects to do (or not). Instead of spending $40,000 on a new, less-than-attractive kitchen, they might encourage you to update appliances, have the cabinets painted and spend a few grand on your curb appeal. Many times, they will also help you do the work of selecting neutral finishes that will work for the largest possible range of buyer tastes. 5. Bad photos or no photos at all. Some of the listing photos that make it online are shockingly bad. They have dumpsters parked in front of the house, piles of laundry all over the "hardwood" floors touted in the listing description, and once, even the family dog doing his or her business in the lovely green front yard. Listing pictures that have put your home in anything but its best, accurate light are a very quick way to ensure that you turn off a huge number of buyers from even coming to see your house! The only bigger buyer turn-off than these bizarre listing pics are listings that have no photos at all; most buyers on today's market see a listing with no pictures and click right on past it, without giving the place a second glance. Before your home is on the market, ask your listing agent-to-be to see the online marketing for their current listings, to get a feel for how they operate. After your home is on the market, don't neglect to check top listing sites to be sure that the pics for your home's listing represent your home well. If not, ask your agent to grab some new shots and get them online (and say pretty please, pretty please!). ### [5 Secret Sources of Down Payment Money](https://www.sarniaproperty.com/blog_read/5-secret-sources-of-down-payment-money) Whether you are planning to put down a full 20 percent or pulling together the cash for a 3.5 percent down payment for an FHA loan, your down payment might be the biggest single cash expenditure you ever make. Some scrimp and save for years, while others can ready the cash with less difficulty, but no buyer in the history of home buying has ever said they have too much down payment money. Here's an insider secret: many buyers have a treasure trove of down payment resources at their disposal, hidden in plain sight. Here's a map to this hidden treasure – a handful of frequently-overlooked sources of down payment funds. 1. Your budget's biggest line items. Home buying is one of those push-meet-shove-type situations. If you're serious about coming up with your down payment funds, sit down and backtrack over your monthly budget or your last month's checking account statements. Isolate your top 10 budgetary line items and do an internal gut check on whether there is anything on this list that you can slash or eliminate. If you spend $5 a workday on a bagel and coffee at breakfast and another $15 on your takeout lunch, that's $400 per month – almost $5000 a year! – you can save by simply bringing these things from home (not to mention the health and other benefits you'll gain). And those numbers are not inflated if you work in a big city. Nor is the $100/month cable bill, the $20 yoga class, the $2,000 vacation or the premium pricing you might paying for cell service. Redirecting the dollars you would normally spend for some of these big-ticket items back into your down payment savings account is like pressing fast forward on your home buying timeline. 2. Your stuff. When you need to save money, there are really only two levers you can pull: you can spend less, or you can make more. Selling stuff you already own and don't actually use is a relatively painless way to make more money to go toward your down payment. If you're really serious about home buying, put everything on the table. Things buyers-to-be often sell (usually online) include: RVs, cars, and motorcycles designer clothes, costumes, shoes, and handbags underutilized hobby-related gear (bikes, boats, and snowboards) furniture and antiques electronics, books, and CDs (think: TVs, computers, old smartphones, etc.)  Don't underestimate the amount of cash you can bring in from the things you already own. 3. Your skills and time. One way to make more money is to sell off the stuff you have lying around the other is to get to work! Spend your off-time, your evenings and weekends leveraging your professional skills or personal hobbies to bring in some extra cash. Once you get serious about coming up with your down payment cash and decide to be creative about where to find that money, using your skills and your time creatively is a power-packed way to open the financial floodgates. Consider starting out with a simple email to your circle of acquaintances outlining your skills and what kind of work you'd like to pick up. You can also list your potential services on a site like TaskRabbit. If you are crafty you might let your new felting hobby stock the virtual shelves of your shop on Etsy. Even if you aren't "creative" think creatively about what you might do to earn a little extra cash. One acquaintance of mine has earned thousands of dollars of dog sitting while she works at home. You'll be surprised by how much you can earn hawking wares on the side or with small business projects, like research, bookkeeping or office organizing projects. 4. Your Parents, Family, and Friends. Many home buyers get by with a little help from their friends (and relatives). Most mortgage programs will allow for some portion of your down payment to come in the form of 'gift money,' which is exactly what it sounds like: money someone gives you to help you buy a home. The best case scenario is to have some idea of what sort of gift money you can count on as far in advance as possible, as it will impact your own savings targets and your lender's documentation requirements. If you have a parent, sibling or auntie who has mentioned their interest in giving you this sort of gift it is important to bring the subject up, express your gratitude and let them know that you're planning to buy soon. You'll want to have a detailed conversation about logistics and go over everything from timelines to tax obligations. Check in with your mortgage pro about how much of your down payment needs you can satisfy with gift money – guidelines vary widely based on how much of your own cash you have to put down and what loan programs you're applying for. Lenders almost always require that gift money be contributed along with a gift letter that states that the giver is a relative and that the money is a gift, not a loan. The lender may also require to see a bank account statement from the giver showing that the money was theirs to give – just to be sure they didn't go out and get some sort of loan that they expect you to help them repay. 5. Your Assets. Some retirement accounts allow you to borrow against or pull out funds, penalty-free, to apply them toward your down payment on a home. Obviously, your specific circumstances will determine if it is advisable for you to tap into your 401K or IRA and plug that cash into a house. For some buyers, it may make sense to get your down payment up to 20% by borrowing a few thousand dollars from yourself! If getting your down payment to the 20 percent mark by borrowing from your RRSP gets your mortgage interest rate down and allows you to repay that cash to your own retirement account (vs. to your mortgage lender) with interest, you and your financial advisor might agree that this move is the right move for you. Or not – this is a highly personal decision that must be made strategically, but some homebuyers should at least explore whether their retirement accounts are a sensible source of some portion of their down payment funds. ### [Real Estate Market Update - May 2019 (Sarnia-Lambton)](https://www.sarniaproperty.com/blog_read/real-estate-market-update-may-2019-sarnia-lambton)       ✅ 357 active listings   ✅ $50.9 Million in Sales   ✅ 151 sold listings   ✅ Average house price $337,609   ✅ 2.6% average sale price increase vs May 2018   ✅ 50% of Listings between $200,000-$400,000   ✅ The number of sales increased by 48 from April 2019   ✅ Great time to buy or sell a rental property         ### [Weekend Events Sarnia-Lambton (June 7th-9th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-june-7th-9th)     Weekend Events Sarnia-Lambton (June 7th - 9th)   Friday, June 7th   Sarnia Roadrunners Runs When: 8:30 am Where: Terry's Loop - Canatara Park   Beef BBQ When: 4:30 pm - 6:30 pm Where: Forest United Church   Awesome Foundation Pitch Party When: 6:30 pm Where: Downtown Market, Sarnia   Corunna Firefighters Field Day-Live Music/Parade When: 7:00 pm Where: Corunna Fire Hall   Art Hratchian & Friends When: 7:00 pm Where: Paddy Flaherty's, Sarnia     Saturday, June 8th   Garage, Plant And Bake Sale When: 8:00 am Where: Camlachie United Church   Charity BBQ for The Sarnia Animal Farm When: 11:00 am - 3:00 pm Where: TSC Store- London Line, Sarnia   Corunna Firefighters Field Day-Live Music/Parade When: 7:00 pm Where: Corunna Fire Hall   MOPAR Canadian National Superbike Series When: June 8th - June 9th Where: Grand Bend Motorplex   Beachside Pride When: 1:00 pm - 11:00 pm Where: Canatara Beach, Sarnia   Spring Chicken BBQ When: 4:30 pm & 5:30 pm Where: London Road West United Church, Sarnia   Kids Funfest When: 9:00 am Where: Clearwater Arena   Dedicated Meat Raffle When: 3:30 pm Where: Alvinston Legion   Down River Band When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Mattresses And Box Springs Collection When: 09:00 am Where: Temple Baptist Church   Voice Dance - Concert When: 7:30 pm - 9:00 pm Where: Grace United Church in Sarnia     Sunday, June 9th   Pride Pie Day When: 10:00 am Where: St. Paul’s United Church   Ferrari Day When: 11:00 am Where: Breadman- Exmouth Street   ### [Weekend Events Sarnia-Lambton (June 14th-16th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-june-14th-16th)   Weekend Events Sarnia-Lambton (June 14th - 16th)   Friday, June 14th   Canadian Cancer Society Relay for Life When: 6:00 pm Where: Clearwater Arena   Lambton Youth Choir 25th Anniversary Reunion When: 1:00 pm - 5:00 pm Where: Camlachie Community Centre   Wicked Grin W/ Murray Kinsley When: 7:00 pm Where: Paddy Flaherty's, Sarnia      Saturday, June 15th   Optimist Club of Sombra 15th Annual Car Show When: 8:00 am - 8:00 pm Where: Brander Park, Sombra   Lambton Youth Choir 25th Anniversary Reunion When: 1:00 pm - 5:00 pm Where: Camlachie Community Centre   Lambton County Junior Optimist presents Lil` Shakespeares When: 1:00 pm - 3:00 pm Where: Courtright Silverdome   Sombra Museum 60th Anniversary Dinner & Live Auction When: 4:30 pm Where: Wilkesport Community Centre   Forest United Church – Embracing Change Event When: 9:30 am Where: Forest United Church   Charity BBQ Fundraiser When: 11:00 am Where: Blackwell Cycle, Sarnia   Christine Campbell Wsg The Universe According To Ray When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Strawberry Social When: 4:30 pm Where: Inwood Fire Hall      Sunday, June 16th   Run/Walk/Skate/Bike: 33rd Annual Fundraiser When: 8:00 am Where: Mike Weir Park, Sarnia    Wyoming Firefighter – Bacon Burger BBQ When: 1:00 pm Where: Wyoming Fire Hall  ### [Weekend Events Sarnia-Lambton (June 21st-23rd)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-june-21st-23rd)       Weekend Events Sarnia-Lambton (June 21st - 23rd)     Friday, June 21st    SOAR Motorcycle Road Race - Race 2 When: June 21st - June 23rd Where: Grand Bend Raceway   2019 Sarnia Ribfest When: Fri. 4:00 pm–11:00 pm | Sat. 11:00 am–11:00 pm | Sun. 11:00 am–7:00 pm Where: Hiawatha Horse Park   Strawberry Social and Silent Auction When: 12:00 pm Where: St. Bartholomew's Church, Cathcart Blvd.   Circle The City Band When: 7:00 pm Where: Suncor Agora Stage, Centennial Park    Pickin' N Fiddlin' When: 8:00 pm Where: Wyoming Legion   Taco Sale When: 11:00 am Where: Paterson Presbyterian Church, Sarnia       Saturday, June 22nd   Corunna Annual Bike Rodeo When: 11:00 am - 1:00 pm Where: Emergency Services Building   Historical Storyboard Unveiling Where: Brigden Optimist Park (10:00 am) & Courtright Waterfront Park (11:00 am)   Grand Bend Beachfest 2019 When: 12:00 pm - 10:00 pm Where: Grand Bend Main Beach   Canada Day in the Grove 2019 When: 10:30 am Where: Kenwick Park    Youth Fun Day & BBQ When: 10:00 am Where: Wyoming Baptist Church   Ainsworth & Young When: 7:00 pm Where: Paddy Flaherty's, Sarnia   The Trews - LiUNA Presents Do it For Sarnia Block Party When: 9:00 pm Where: Suncor Agora, Centennial Park        Sunday, June 23rd   Ride Don't Hide When: 8:00 am Where: Moore Sports Complex   Cruise in the Park Car Show When: 8:00 am - 12:00 pm Where: Canatara Beach & Park   Orange Door Project Bottle Drive When: 9:00 pm Where: Home Depot, Sarnia   Western Ontario Outlaws Lawnmower Races When: 2:00 pm Where: Petrolia Track, Oil Heritage Line, Petrolia   Sarnia Lambton Concert Band - Happily Ever After Concert When: 2:30 pm Where: Sarnia Library   Roller Skating in Sarnia When: 7:00 pm - 9:00 pm Where: Clearwater Arena, Sarnia ### [Summer 2019 Bucket List](https://www.sarniaproperty.com/blog_read/summer-2019-bucket-list)   Happy First Day of Summer 2019! What better way to make sure you don't miss out on Summer opportunities in Sarnia-Lambton than a BUCKET LIST?! Hit up the Beach: Our beaches are worthy of bragging about. From Canatara Beach all the way to Grand Bend, we have clear, clean water and views worth more than money can buy. Build a nice sandcastle while you're there! Go Fishing: Whether you're fishing offshore or on a boat, there are lunkers waiting in that gorgeous blue water. Make sure to get your fishing license first! Check out The Outdoorsman for rods, tackle and other gear! Take out a Paddle-Board: Standing on the water on a paddle-board is so relaxing. Want to rent? : Try Beach Bums in Bright's Grove. Want to buy? : Try Wawanosh Watercraft on Blackwell Rd. Visit a Flea Market: Get your butts down to The Pinery Market / Pinery Antique Flea Market in Grand Bend. Awesome collections, great food, live music, classic cars, and a nice pub... what else could you want?! Explore a Conservation Area: Exposure to nature is seriously good for your mental and physical health, and Sarnia-Lambton has plenty of Conservation Areas for you to explore! Wawanosh Wetlands, Perch Creek Habitat Area, LC Henderson Conservation Area, Warwick Conservation Area, etc. Check out St. Clair Conservation's website to find a new place to have an adventure: www.scrca.on.ca   Visit a Museum: History is epic. Get out to a museum and learn about the history of the natural world and our local history. Stones 'N Bones, Lambton Heritage Museum, or the Oil Museum of Canada are great places to start!   Have a Picnic: Got food? Check. Got a basket? Check. Got a blanket to lay on? Check. You're all set for a picnic! Visit any one of our public parks and have a chill time!   Watch Fireworks: Bright, loud and spectacular, you can always count on fireworks this time of year in Sarnia-Lambton!   Go Camping: Fresh air, sunshine, less bombardment with technology. Camping is stress-reducing and so incredibly special for families and friends. Build memories while experiencing the wild in beautiful settings. Pinery & Warwick are a few great examples of places you need to take the kids!   Got more ideas of what should be on The Summer 2019 Bucket List? Let us know!   ### [Excellent Events in Sarnia-Lambton (July 5th - 7th)](https://www.sarniaproperty.com/blog_read/excellent-events-in-sarnia-lambton-july-5th-7th)     Excellent Events in Sarnia-Lambton (July 5th - 7th)   Friday, July 5th       Sarnia Kinsman Ribfest When: July 5th - July 7th, 11:00 am - 11:00 pm Where: Centennial Park, Sarnia   Arts & Crafts Bazaar When: 5:00 pm Where: Bayside Mall   Mexican Dreams - Art Exhibit When: 7:00 pm - 9:00 pm (to the end of July) Where: Lawrence House   Boundless Bodies Contemporary Ballet When: 7:00 pm Where: Imperial Theatre     Saturday, July 6th   Stuff the Bus When: 11:00 am - 2:00 pm Where: Bright's Grove, Corunna & Sarnia 11 grocery stores   Free Family Carnival When: 1:00 pm Where: Church of Jesus Christ of Latter Day Saints, Sarnia   Forest Legion Meat Raffle When: 3:00 pm - 5:00 pm Where: Forest Legion    Rodney James and the Riot When: 5:00 pm Where: Sarnia Kinsman Ribfest, Centennial Park   Who Made Who (AC/DC Tribute) When: 9:00 pm Where: Gables, Grand Bend   Destroyer: Canada's KISS Tribute When: 10:30 pm Where: Sarnia Kinsman Ribfest, Centennial Park     Sunday, July 7th   Sarnia Vegfest When: 10:00 am - 5:00 pm Where: Canatara Park    Western Ontario Outlaws Lawnmower Races When: 2:00 pm Where: Petrolia Racetrack   Sue Foley at Summer Sunset Sounds When: 7:00 pm Where: Grand Bend Main Beach   The Watchmen When: 9:00 pm Where: Gables, Grand Bend   ### [June 2019 Real Estate Market Update for Sarnia-Lambton ](https://www.sarniaproperty.com/blog_read/june-2019-real-estate-market-update-for-sarnia-lambton)   ✅ 364 active listings   ✅ $58 Million in Sales   ✅ 178 sold listings   ✅ Average house price $326,870   ✅ 6.5% average sale price increase vs June 2018   ✅ 52% of Listings between $200,000-$400,000   ✅ The number of sales increased by 1 from May 2019   ✅ Great time to buy or sell a rental property   ✅ Shortage of properties $400,000 and under ### [Weekend Events Sarnia-Lambton (July 12th-14th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-july-12th-14th)       Excellent Events in Sarnia-Lambton (July 12th - 14th)     Friday, July 12th       Art in the Park Petrolia When: 11:00 am - 7:00 pm Where: Victoria Park, Petrolia   Daylight for Deadeyes When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Spice Queens Performance When: 8:00 pm Where: Lambton College Event Centre   Helix When: 9:00 pm Where: Gables, Grand Bend       Saturday, July 13th   Kettle & Stony Point Competition PowWow When: July 13th - July 14th Where: Kettle Point Park   Harmony for Youth's 1st Annual Golf Tournament When: 8:00 am - 2:00 pm Where: St. Clair Parkway Golf Club    Battle for the Bay, Beach Volleyball Tournament When: 8:30 am Where: Valley Axe, Sarnia   Art in the Park Petrolia When: 9:00 am - 5:00 pm Where: Victoria Park, Petrolia   Pat Robitaille When: 7:00 pm Where: Paddy Flaherty's, Sarnia     Yuk Yuk's Comedy Night When: 7:00 pm Where: Forest Golf Club & Inn   Ballroom Dancing When: 8:00 pm Where: Sarnia Legion      Sunday, July 14th   2019 Black Gold Fest When: 11:00 am - 4:00 pm Where: Oil Museum of Canada   Model Train Event When: 1:00 pm Where: Moore Museum, Mooretown   Sarnia School of Archery: Open House & Food Drive When: 2:00 pm Where: River City Vineyard   The Mudmen at Summer Sunset Sounds When: 7:00 pm Where: Grand Bend Beach   ### [Weekend Events in Sarnia-Lambton (July 26th - 28th) ](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-july-26th-28th)       Weekend Events in Sarnia-Lambton (July 26th - 28th)     Friday, July 26th       Max Marshall When: 7:00 pm Where: Paddy Flaherty's   Quiet Riot When: 9:00 pm Where: Gables, Grand Bend     Saturday, July 27th    PwC MS Bike - Grand Bend When: July 27th-28th, 7:00 am Where: Grand Bend Motorplex   Girls Day Out Beach Volleyball Tournament When: 9:00 am Where: Hiawatha Beach Courts   Adam's Unplugged Puppet Party When: Sat. & Sun. - 12:00 pm Where: Victoria Playhouse Petrolia   Bright's Grove Music Fest When: 1:00 pm - 11:00 pm Where: Kenwick Park, Bright's Grove   Summer Latin Fiesta When: 7:00 pm Where: St. Thomas Aquinas Parish Hall, Sarnia     Sunday, July 28th   Kelsi Mayne at Summer Sunset Sounds When: 7:00 pm Where: Grand Bend Main Beach ### [Weekend Events Sarnia-Lambton (August 2nd-4th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-august-2nd-4th)   Weekend Events in Sarnia-Lambton (August 2nd - 4th)   Friday, August 2nd       Yard Sale When: 8:00 am - 4:00 pm Where: Brigden United Church   Brigden Bluegrass & Country Campout Jamboree When: Fri. 7 am - 7 pm, Sat. 7 am - 4 pm, Sun. 9 am Where: Brigden Fairgrounds   Sarnia Greekfest 2019 When: Aug. 2nd - Aug. 4th Where: Downtown Sarnia   Mopar Canadian Nationals 2019 When: Aug. 2nd - 4th Where: Grand Bend Motorplex   Hotel California (Tribute To Eagles) When: 9:00 pm Where: Gables, Grand Bend     Saturday, August 3rd    Yard Sale When: 8:00 am - 4:00 pm Where: Brigden United Church   Memorial Scale Model Airplane Rally When: 9:00 am - 5:00 pm Where: 2590 Petrolia Line      Sunday, August 4th   Memorial Scale Model Airplane Rally When: 9:00 am - 5:00 pm Where: 2590 Petrolia Line    Bluewater International Granfondo 2019 When: 6:00 am Where: Mike Weir Park   Matthew Good When: 9:00 pm Where: Gables in the Bend   ### [Weekend Events in Sarnia-Lambton (August 9th - 11th) ](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-august-9th-11th) Weekend Events in Sarnia-Lambton (August 9th - 11th)   Friday, August 9th       Sarnia Tall Ships When: 3:00 pm - 9:00 pm Where: Sarnia Harbour   31st Annual WAMBO When: 4:30pm Where: P.O. Box 59 Wallaceburg, Ontario N8A 4L5   Zero Waste Mini-Expo When: 6:00-8:00pm Where: Strangway Centre   Bluewater BorderFest- Big Wreck & Tokyo Police When: 6:30pm-12:00am Where: Centennial Park   Historical Walking Tour When: 6:30-7:45pm Where: City of Sarnia   Friday Night Films When: 8:00-11:00pm Where: Valley Axe   The Southlanders Live at Hawg Bar When: 9:00pm Where: The Hawg Bar   Saturday, August 10th    LetTheKidsDance! an indie music adventure When: 8:00pm-1:30am Where: theStory   31st Annual WAMBO When: 4:30pm Where: P.O. Box 59 Wallaceburg, Ontario N8A 4L5   Bluewater BorderFest- Dennis Deyoung & Mark Farner's American Band When: 5:30pm-12:00am Where: Centennial Park   Sarnia Tall Ships When: 8:00 am - 9:00 pm Where: Sarnia Harbour   Artzscape by the Bay When: 9:00am Where: Centennial Park   Brian Millar Live Music When: 2:30 pm - 5:00 pm Where: Dockside   5 Against one Tribute to Pearl Jam When: 9:00 pm - 2:00 am Where: Twisted Arm   Sunday, August 4th   Sarnia Tall Ships When: 8:00 am - 9:00 pm Where: Sarnia Harbour   Artzscape by the Bay When: 9:00am Where: Centennial Park   Artsy Fartsy Farm Fair 2019 When: 10:00am-4:00pm Where: 6185 Telfer Rd    31st Annual WAMBO When: 11:00am-6:00pm Where: P.O. Box 59 Wallaceburg, Ontario N8A 4L5   Family Fun Day When: 1:00-4:00pm Where: Canatara Park   Bluewater BorderFest- Lou Gramm, Kelly Keagy & Asia When: 5:00pm-11:00pm Where: Centennial Park             ### [Weekend Events in Sarnia-Lambton (August 16th - 18th)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-august-16th-18th) Weekend Events in Sarnia-Lambton (August 16th - 18th)   Friday, August 16th       62nd Annual Steam Threshers Show When: visit website for more details: https://steamthresher.com/ Where: Forest Fair Grounds | 45 Jefferson Street   Bluewater Anglers Summer Walleye Derby When: 6am Aug 16 - 9:30am Aug 17 Where: Sarnia Bay Marina   Curvy Beach Party When: 1-6pm Where: Canatara Park   Summer Performance Intensive Showcase When: 5:30-6:15pm Where: École secondaire catholique Saint-François-Xavier   Old Fashion Carnival When: 6pm Where: Marcotte Disposal Inc.   Jules & Co. When: 7pm Where: Blue Line       Saturday, August 17th    62nd Annual Steam Threshers Show When: visit website for more details: https://steamthresher.com/ Where: Forest Fair Grounds | 45 Jefferson Street   Sarnia Altwalk When: 9am-9pm Where: Christina St. between Lochiel St and Wellington St.   Rock the Boat w/ The Shelly Rastin Band 2019!  When: 6:30-10pm Where: Duc D'Orleans II   Round House- One day-EP Release Party When: 9pm Where: Patty Flaherty's       Sunday, August 4th   62nd Annual Steam Threshers Show When: visit website for more details: https://steamthresher.com/ Where: Forest Fair Grounds | 45 Jefferson Street   Coastal Clean Up When: 11am-2pm Where: Canatara Park     ### [Real Estate Market Update - July 2019 for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/real-estate-market-update-july-2019-for-sarnia-lambton)     STATS: ✔️ 418 active listings    ✔️ Over $59 million in sales    ✔️ 182 sold listings   ✔️ Average sale price $339,853   ✔️ 10.5% average sale price increase vs July 2018   ✔️ 46% of sales in $200,000-$400,000 price range   ✔️ The number of sales increased by 1 from June 2019   ✔️ Great time to buy or sell a rental property   ✔️ Great time to buy or sell a rental property ### [Events Sarnia-Lambton (Aug. 30-Sept. 1)](https://www.sarniaproperty.com/blog_read/events-sarnia-lambton-aug-30-sept-1)   Weekend Events in Sarnia-Lambton (August 30th - September 1st)   Friday, August 30th       Thunder by the Beach When: Aug. 30th - Sept. 1st Where: Grand Bend Motorplex   Pickin’ N Fiddlin’ When: 8:00 pm Where: Wyoming Legion   Mayhemingways When: 8:00 pm Where: Paddy Flaherty's   Big Wreck When: 9:00 pm Where: Gables Grand Bend       Saturday, August 31st     16th Annual Kiwanis – Back To School BBQ When: 11:00 am Where: Staples, London Road, Sarnia   Veterans Motorcycle Poker Run When: 11:45 am Where: Corunna Legion   102 Army Cadets – Open House When: 12:00 pm Where: The 102 Army Cadets     Sunday, September 1st   Legion of Steel, Classic Car Show When: 9:00 am - 2:00 pm Where: Forest Legion ### [Weekend Events in Sarnia-Lambton (September 6th - 8th)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-september-6th-8th) Friday, September 6th   FireFit Championships- Western Ontario Regionals When: Sept 6 6pm- Sept 8 4pm Where: Lambton College   La Tres Cuatro “ Here And Now” When: 6:00 pm Where: Bandshell Canatara Park   Blackmore + Blackmore When: 7:00pm Where: Cheeky Monkey   Dream Seer and Human Fund When: 7:00-10:00pm Where: Seedz   BREN live When: 8:00pm Where: The Tin Fiddler      Saturday, September 7th   Art in the Park Sarnia When: 9:00 am Where: Mike Weir Park    Ozwelds 3rd Annual Motorcycle Show n' Shine and Field games When: 10:00 am - 3:00 pm Where: Ozwelds Diner   Trinity Church’s Annual Fall Fair When: 11:00 am  Where: Trinity Anglican Church   Rainbow of Hope When: 11:00am  Where: Centennial Park   Pig Roast N Party When: 4:30 pm   Where: Lighthouse Community Church   Upside of Maybe When: 8:00 pm  Where: Paddy Flaherty's       Sunday, September 8th   Community Playground Grand Opening When: 10:00 am - 1:00 pm Where: First Church Sarnia   Slot Car Show When: 11:00 am  Where: Sunday Slot Cars   Follow our Footprints beyond the Horizon When: 1:00 - 3:00 pm Where: Gallery in the Grove   ### [Real Estate Market Update - August 2019 - Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/real-estate-market-update-august-2019-sarnia-lambton)     ✅ 411 active listings ✅ Over $50.6 Million in Sales ✅ 156 sold listings ✅ Average sale price $335,000 ✅ 27 days to sell average ✅ 13.2% increase compared to August 2018 ✅ 59% of sales in $200,000-$400,000 price range ✅ The number of sales increased by 7 from July 2019 ✅ Great time to buy or sell a rental property ### [Weekend Events in Sarnia-Lambton (September 13th - 15th)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-september-13th-15th) Friday September 13th   Harry Potter Trivia Night When: 6pm Where: Crock A Doodle   80’s Trivia & Dance Party! When: 7pm-2am Where: Theatre Forty Two   Act II Expressive Arts Program Presents James & the Giant Peach When: Sept 13 @ 7:30, Sept 14 @ 2pm & 7:30pm Where: Imperial Theatre   Laughs at The Legion Featuring Jeff Leeson and Tige Wright When: Sept 13 @ 7pm & Sept 14 @ 6:50pm Where: Sarnia Legion Branch 62   Youth Dance When: 7:00pm Where: Lochiel Kiwanis Centre   Pre-Season: Sting vs. Windsor Spitfires When: 7pm Where: Progressive Auto Sales Arena   Sarbua Rock & Fossil Club Meeting When: 7:30pm Where: Twin Lakes Terrace Retirement Home   Wyoming Fair’s Annual Barn Dance When: 9pm Where: Wyoming Fair Grounds     Saturday September 14th   Sarnia Roadrunners Run When: 8:30am Where: Terry’s Loop- Canatara Park   Lovewell’s Grand Opening When: 9am-2pm Where: Lovewell- 188 Maxwell St.   Intro to the Path of Yoga: For Beginner’s When: 9:30 Where: Inner Dawn Yoga   Mindful Birth Workshop When: 9:30am-12:30pm Where: 155 Front St N   Dogman Event at Coles When: 11am Where: Coles Lambton Mall   Kids Yoga & Meditation: 8 Week Series When: 11:15 Where: Inner Dawn Yoga   Chase and Skye- Paw Patrol- Meet N Greet When: 1pm Where: Wyoming Fair Grounds   Females-A Portrait Project by Bravo Foto When: 1pm Where: 327 Christina St. N   Unplugged Acoustic For The Sunset II: For The Afternoon Edition When: 3-8pm Where: Centennial Park   The Four Pillars of Seattle When: 9pm Where: Twisted Arm     Sunday September 15th   Ice Cream Festival When: 9am-4pm Where: Pinery Market   Terry Fox Run When: 9am Where: Canatara Park   Downriver Craft & Gift Sale When: 10am Where: Moore Museum, Mooretown   Nail Trim Clinic When: 10am Where: Clean Cut K-9 Dog & Cat   Walk it for Parkinson’s When: 2pm Where: Stoke’s Bay Bar & Grill   Ice Cream Social and Game Night When: 6pm Where: Grace United Church       ### [Fall Checklist for Homeowners](https://www.sarniaproperty.com/blog_read/fall-checklist-for-homeowners)     The kids are back at school and the weather's getting cool. Seasoned homeowners know its time to do some work when the seasons change. New homeowners learning the ropes of home maintenance might need a little help and the seasoned folks might need a reminder, which is why we're here to bring you a little checklist of a couple of things you probably need to do.   1. Tidy Up Your Property 🌿 Overgrown vegetation around your home from summer can be unsightly and potentially damaging. Trim your trees and bushes, pull those weeds, make sure growth isn't getting to be problematic. This is also a great time of year when it's not too hot and not too cold to do lots of yardwork.   2. Replace the Furnace Air Filter 🛠️ When your air filter gets clogged, you limit the fresh air that can come into your home, all while making your furnace / AC use more energy & work harder. This costs your wallet & your health. At the start of Fall, Winter, Spring and Summer, make a habit of changing your furnace air filter... your lungs & wallet will thank you.   3. Clean Out Your Gutters 🏠 When debris gets left in your gutters, they clog up and this can lead to lousy situations in the fall & winter. Get those leaves, branches or other junk that's built up there over the summer and make it take a hike. You don't want to overflow your eavestroughs and have ice expansion mess them up once winter rolls around or icicles falling on your head, right?   4.  Seal Your Window Gaps 🏠 Who wants to burn extra fuel and have drafts of icy air blow on them during the coldest months of the year? Anyone? No? Exactly. Check for any window gaps where hot air can get out & cold air can get in. Having a nicely sealed window keeps your home energy efficient and warm. Use your hands to feel for a draft and do some caulking if you feel air coming in. New windows are another option if you know your windows are awful. Even though they aren't cheap, it's very worth it for comfort in the present & in energy savings in the long run.   5. Take Note of Your Siding 🏠 Issues like warping, buckling siding or blistering paint can be signs of bigger problems within the house. There may be dangerous mould from water damage, holes from insects or unsightly fading. If you have any of these issues, deal with them as soon as possible!   6. Inspect Your Roof 🏠 Check for loose shingles and soft spots on your roof. Soft spots could mean the wood underneath is rotting, so call a pro to come to check it out. Winter is exceptionally hard on roofs, so make sure to prepare for it this fall and fix any shingles that may have come loose. If you find that your shingles are brittle or there are lots of stones in the gutters, your roof may potentially need replacing.   7. Clean Your Air Ducts 🛠️ Summertime has much more allergens, dust, hairs and pollen floating around, and those end up settling in your air ducts. Getting your ducts cleaned professionally is a smart idea. I won a contest recently and had my ducts cleaned out and I was shocked to see how much dust and debris was is in there. They let me know that its smart to get your ducts professionally cleaned once every five years and that this debris can actually be a fire hazard!   8. Check for Smells 👃 ƒor Sounds 👂 Coming From Your HVAC Unit Another thing you need to do on a quarterly basis is checking out your HVAC system. Listen for unusual noises or odd smells, which may be a sign of leakage. Get a professional to take a look if you senses tell you something seems off. ### [Weekend Events Sarnia-Lambton (September 20th-22nd)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-september-20th-22nd)     Friday, September 20th    2019 Forest Fall Fair When: Sept. 20 - Sept. 22 Where: Forest Fairgrounds    Jazz & Blues in the Village When: Sept. 20 - Sept. 22 Where: McGibbon Park, Sarnia   Dr. Robyne Hanley Dafoe When: 7:30 am - 10:30 am Where: Lambton Event Centre   Road Waves When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Take Back The Night 1st Annual All-Nighter Women’s Volleyball Tournament When: 9:00 pm Where: Lambton College    Subway Brown Bag Lunch When: 12:00 am - 11:59 pm Where: Dante Club   Gallery in the Grove: Opening Exhibit When: 1:00 pm - 3:00 pm Where: Gallery in the Grove       Saturday, September 21st   Free Community Bar-B-Que (Optimist Club) When: 11:00 am - 1:00 pm Where: Courtright Silverdome   Sombra Shadows & Spirits: A Historical Village Tour When: 2:30pm, 4:30pm and 6:30pm Where: Sombra Museum Cultural Centre   Green River Revival When: 2:00 pm - 7:30 pm Where: Huron Country Playhouse   Bruce Redman Antique Car Show in Arkona When: 9:00 am - 3:00 pm Where: Rock Glen Conservation Area   Indoor Multi Housed & Handcrafts Sale When: 9:00 am Where: Laurel Lea - St Matthews Presbyterian Church   Rajon Fall Fair When: 9:00 am Where: Our Lady of Mercy Church Hall, Sarnia   Sarnia Aquarium Society Annual Auction When: 9:30 am Where: Sarnia Christian School   Cars Of The World - Car Show When: 10:00 am Where: Rutherglen Close, Sarnia   Sarnia Girls Youth Hockey Association Event When: 10:00 am Where: Progressive Auto Sales Arena   Benefit For Owen When: 12:00 pm Where: Polish Hall - Exmouth Street, Sarnia   Country Dance When: 7:00 pm Where: Wyoming Legion   World Premiere Of The Fidgets Speak No Evil First Film Premiere When: 7:00 pm Where: Sarnia Missionary Church   Sean Ashby When: 7:00 pm Where: Paddy Flaherty's, Sarnia        Sunday, September 22nd   Heaven’s Wildlife Rescue – Online Auction When: 6:00 pm Where: Facebook   ### [Weekend Events Sarnia-Lambton (Sept. 27th-29th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-sept-27th-29th)     Friday, September 27th    Brooke-Alvinston & Watford Fall Fair When: Sept. 27 - Sept. 29 Where: Brooke-Alvinston-Inwood Community Centre    Fall Bazaar When: 11:00 am Where: Forest United Church   Forest Legion - BBQ When: 11:00 am Where: Forest Farmers Market   Sarnia Historical Society: Time Capsule Opening When: 11:00 am Where: Bluewater Health- Atrium, Sarnia   Sarnia Elks 2019 Open Golf Tournament When: 12:00 pm Where: St. Clair Parkway Golf Course   Harvest Dinner And Silent Auction When: 5:30 pm Where: St. Luke's United Church, Sarnia   Sarnia’s Own C Squadron Meet N Greet, Open House And Parade When: 7:00 pm Where: Armouries- Confederation Street, Sarnia   Brock Zeman When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Pick’n Fiddlin’ When: 8:00 pm Where: Wyoming Legion   Sarnia Elks Charity Golf Scramble When: 12:00 pm - 5:00 pm Where: St. Clair Parkway Golf Course     Saturday, September 28th    Fall Fast Weekend - Last Drag Racing Weekend of the Year! When: Sept. 28 - Sept. 29 Where: Grand Bend Motorplex   "Unshaken" - Women’s Ministry Conference ft. Carol Kent When: 8:30 am Where: Temple Baptist Church, Sarnia   Fresh Breath – The “Fort Mac & Back” Tour When: 7:00 pm Where: Paddy Flaherty's, Sarnia     Sunday, September 29th   3rd Annual Bark-toberfest When: 9:00 am Where: Pinery Market, Grand Bend   Sick Kids Family Event Fundraiser When: 2:00 pm Where: Spirit Halloween Store in the Lambton Mall ### [6 Great Things to do this Fall in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/6-great-things-to-do-this-fall-in-sarnia-lambton) For those who enjoy wrapping themselves in warm clothes, seeing colourful trees, and baking, Fall is the season of choice! There are some great activities & places to visit in Sarnia-Lambton, and you need to put them on your Fall 2019 activities list! Here are some of the best parts of Fall, and some suggestions in our area where you can do them!   Pick Your Own Apples & Fruit Fruit picking, especially apple picking is one of those classic fall activities. Getting to stroll through orchards on a crisp day is unique and relaxing... takes us back to simpler times. Notable orchards/pick your own orchards includes Zekveld's Garden Market in Plympton-Wyoming, Red Barn Fruit Farm in Arkona, Twin Pines Orchards in Thedford, and Hornblower Homestead and Orchards in Thedford.     Hayrides & The Farm Experience Hayrides are a staple of the fall experience. Getting out and experiencing that little taste of the country life is sweet, and the kids are sure to love it. Korny Korners Farm in Sarnia is an awesome place to bring the kids for a hayride, mini-putt, a corn maze, pedal go-karts, pig races and so much more!     Oktoberfest Steins filled with craft beer... Polka... German sausage with sauerkraut... Yodelling... These things all scream Oktoberfest! Check out the midtown Refined Fool's "Sarnia Oktoberfest: Hasselhoff Edition" this Thanksgiving Weekend.     Tour a Winery or Brewery You don't need to head to Niagara to experience the enjoyment of a winery... Alton Farms Estate Winery has you covered this Fall! With their Weinfest on October 19th, and Trick or Treat Like a Grown-Up on Oct. 26th, there are lots of great events for you to check out. Make sure you pet the sheep while you're there!     Hiking Get out and enjoy the fall colours with a nice hike. We have at least 24 conservation areas in Lambton County and our amazing Pinery Provincial Park. Get some great exercise and bask in all the natural beauty Lambton has to offer!     Take a Drive-Up the Coast Go for a nice drive and out an explore along the lake or down the river. There are plenty of shops, restaurants and attractions to entertain you on your way along our blue coast! Stop in at Forest Glen Herb Farm, get some breakfast at McPherson's or lunch at Grog's in Port Franks for breakfast, take a tour of Twin Pines Orchards, and go for a nice adventure at the Pinery.        ### [September 2019 Market Update - Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/september-2019-market-update-sarnia-lambton)    ✅ 426 active listings ✅ Over $51.7 Million in Sales ✅ 157 sold listings ✅ Average sale price $333,850 ✅ 32 days to sell average ✅ 11.5% increase compared to September 2018 ✅ 51% of sales in $200,000-$400,000 price range ✅ The number of sales decreased by 6 from August ✅ Great time to buy or sell a rental property ✅ Fall is one of the busiest markets ✅ Many buyers looking for homes before Christmas  ### [Weekend Events Sarnia-Lambton (October 4th-6th)](https://www.sarniaproperty.com/blog_read/weekend-events-sarnia-lambton-october-4th-6th)       Friday, October 4th    Art Hratchian & Friends When: 7:00 pm Where: Paddy Flaherty's, Sarnia       Saturday, October 5th    Ride For Refuge When: 8:00 am Where: Canatara Park   Light Up The Night For Noelle When: 3:00 pm Where: Canatara Park Beach   Oktoberfest When: 5:00 pm Where: Petrolia Legion   Captain Finn And The Salty Sea Dogs When: 7:00 pm Where: Paddy Flaherty's, Sarnia     ### [Weekend Events in Sarnia-Lambton (Nov 1-3)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-nov-1-3) Friday, November 1st       5th Anniversary Party- Esbysoph When: 4:00 pm Where: Esbysoph   Sarnia Firefighters Meat Raffle When: 5:00 - 7:00 pm Where: Stokes Inland Grill & Bar     CMJT- First Friday  When: 6:00 - 11:00 pm Where: Insignia Hotel   Canadian Trivia When: 6:30 - 9:00 pm Where: Sitara- Downtown Location   Revelree Frights: Halloween Edition When: 7:00 pm Where: Revelree   Tin Fiddler's BOOzy Bash! When: 9:00 pm Where: The Tin Fiddler   Saturday, November 2nd    Silver Bells Bazaar When: 8:30 am - 12:30 pm Where: Stangway Centre    Great Lakes Refill Co. Grand Opening Celebration When: 9:00 am Where: Great Lakes Refill Co.   Fabulous Fall Bazaar When: 9:00 am - 12:00 pm Where: St. Giles Presbyterian Church   Sarnia Ultimate Halloween Elimination 8's Tournament When: 9:00 am - 4:00 pm Where: Lambton College   Rocking on Through The 1950's tickets at Cheeky Monkey When: 2:30 pm Where: Cheeky Monkey   Sarnia Lambton Rebound Anniversary Drop In When: 1:00 pm Where: Rebound, Sarnia   Turkey Dinner When: 4:30 pm Where: Corunna United Church   Lighthouse 50th Anniversary Tour When: 8:00 pm Where: Imperial Theatre   Tribute to 1960's Rock and Roll When: 8:00 pm Where: Corunna Legion   Pearl Jam Tribute When: 9:00 pm Where: Twisted Arm     Sunday, November 3rd   Introduction to Watercolour Fall Classes for Adults When: 1:00 pm Where: Lawrence House   Mixed Cribbage Tournament When: 1:00 pm Where: Corunna Legion      ### [Weekend Events in Sarnia-Lambton (November 8th - 10th)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-november-8th-10th)   Friday, November 8th     SWIFF 20-19 Workshop When: 9:00 am Where: Judith & Norman Alix Art Gallery   SWIFF 20-19 Virtual Reality Exhibition When: 2:00 pm Where: Imperial Theatre   Tree Painting Fundraiser When: 6:00 pm Where: Crock A Doodle- Superstore, Sarnia   Youth Dance When: 7:00 pm Where: Boys and Girls Club, College Ave, Sarnia   Sarnia Sting vs Soo Greyhounds When: 7:05 pm Where: Progressive Auto Sales Arena   SWIFF 20-19 – CineGaze, Concert Series When: 10:00 pm Where: Altspace- 136 Christina Street    Saturday, November 9th    The Big Brothers Big Sisters Show and Sale When: Sat. 9:00 am - 5:00 pm, Sun 11:00 am - 4:00 pm Where: Alexander McKenzie High School   Christmas Bazaar When: 9:00 am Where: Dunlop United Church, Sarnia     St. Luke’s Family Bazaar When: 9:00 am - 12:00 pm Where: St. Luke's United Church, Sarnia   Winter Bazaar When: 9:00 am - 12:00 pm Where: St. Joseph's Church- Stuart + Devine Streets   Roast Beef Dinner When: 4:30 pm Where: The Legacy Recreation Centre, Thedford   Winter Gear Give Away When: 7:00 pm Where: Rack N Roll, Christina St.   Sunday, November 10th   Breakfast When: 9:00 am Where: Moose Lodge- Phillip Street, Sarnia   Country Music Jamboree When: 12:00 pm Where: Brigden Fairgrounds Exhibition Hall   "An Afternoon with Elvis" Featuring Doug McKenzie When: 1:00 pm - 4:00 pm Where: Canon Davis Memorial Church   Sarnia Sting vs North Bay Battalion When: 4:05 pm Where: Progressive Auto Sales Arena    Roast Beef Dinner When: 5:00 pm Where: St. Bartholomew's Church, Sarnia   ### [Market Update October 2019](https://www.sarniaproperty.com/blog_read/market-update-october-2019)   ✔️ 417 active listings ✔️ Over $52.1 Million in Sales ✔️ 164 sold listings ✔️ Average sale price $332,064 ✔️ 29 days to sell average ✔️ 7.1% increase compared to October 2018 ✔️ 54% of sales in $200,000-$400,000 price range ✔️ The number of sales increased by 7 from September ✔️ Still a great time to buy or sell a rental property ### [Weekend Events in Sarnia-Lambton (Nov. 29th - Dec. 1st)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-nov-29th-dec-1st)     Friday, November 29th     Pickin' n Fiddlin' When: 8:00 pm Where: Wyoming Legion   Border City Battle (Lambton Lions vs St Clair Saints) When: 12:00 pm - 6:00 pm Where: Lambton College   Secret Santa Shoppe For Kids When: 2:00 pm Where: Pathways Health Centre for Children   The Sadies When: 7:00 pm Where: Paddy Flaherty's, Sarnia   Little Nerves When: 9:00 pm Where: Paddy Flaherty's, Sarnia   Sarnia Sting vs Niagara IceDogs When: 7:04 pm Where: Progressive Auto Sales Arena     Saturday, November 30th    Greek Christmas Food and Bake Sale When: 9:00 am - 1:00 pm Where: St. Demetrios Greek Orthodox Church   Secret Santa Shoppe For Kids When: 9:30 am Where: Pathways Health Centre for Children   Craft & Vendor Show When: 9:00 am Where: Forest Legion   Jingle Bells Bazaar When: 9:00 am Where: St. Paul's United Church, Sarnia   Sarnia Record Show When: 11:00 am Where: Sarnia Legion   Santa Visit When: 5:00 pm - 7:00 pm Where: Marcotte Disposal Inc   Kiwanis Club of Forest Santa Claus Parade When: 7:00 pm Where: Forest, Ontario    Sunday, December 1st   Christmas Benefit Concert When: 2:00 pm - 4:00 pm Where: All Saints Church, 248 Vidal Street North, Sarnia   Music and Carols of Christmas When: 7:00 pm - 8:00 pm Where: St. Andrew's Presbyterian Church   Secret Santa Shoppe For Kids When: 10:30 am Where: Pathways Health Centre for Children   Community Get Together When: 2:00 pm Where: Camlachie Community Centre   Winter Warmth Music Concert When: 3:00 pm Where: Lawrence House, Sarnia ### [Sarnia-Lambton Market Update November 2019](https://www.sarniaproperty.com/blog_read/sarnia-market-update-november) Sarnia Real Estate Market Update - November 2019        We are still seeing a strong sellers market for homes under 400,000 that are priced right and have some updates as we go into 2020. Still a good demand for good long term tenants so still a great time to buy an investment property. My prediction for 2020 is that the market will stay strong and maybe look to level out a bit near the end of 2020 with interest rates also staying similar where they are now.   ### [Weekend Events in Sarnia-Lambton (Dec 13-15)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-dec-13-15)   Friday, December 13th      Sarnia Firefighters Meat Raffle When: 5:00 -7:00 pm Where: Stoke's Inland Grill & Bar   Bil Eldridge with the ISO Strings When: 6:00 - 10:00 pm Where: 143 Christina St N   Friday the 13th: GLOWGA Party When: 7:00 - 9:00 pm Where: Inner Dawn Yoga   Live Music Friday's featuring Evan Dawe When: 7:00-9:00 pm Where: The Bay Waterfront Grill   Duelling Pianos When: 9:00pm Where: Twisted Arm        Saturday, December 14th    Wine Rack Customer Appreciation Event When: 9:00 am-9:00 pm Where: Wine Rack Canada   Made Collective Christmas Pop-Up When: 10:00 am- 4:00 pm Where: Great Lakes Refill Co.   DIY Bears 4 Elders When: 11:00 am- 4:00 pm Where: Spirit Academy Sarnia   Christmas Pet Photos at Pet Valu Lambton Mall When: 11:00 am- 3:00 pm Where: Pet Valu- Lambton Mall   Santa Meet & Greet When: 1:00-4:00 pm Where: Dattolo's Baked Goods Inc.   Dream Home Open House When: 1:00-4:00 pm Where: 564 Franco Court Sarnia   Cory James Mitchell Band wsg The Red Hill Valleys When: 7:30-11:59 pm Where: Theatre Forty Two   An evening of Fleetwood Mac and Stevie Nick's Greatest hits When: 9:00 pm - 1:00 am Where: Twisted Arm   Sunday, December 15th   Cloth Diapering Basics When: 9:30 - 11:30 am Where: 155 Front St N   Free 1 Hour Public Skate When: 1:50 pm  Where: Greenwood Recreation Centre, Petrolia ON      ### [Weekend Events in Sarnia-Lambton (December 20th - 22nd)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-december-20th-22nd)   Friday, December 20th       Visit From Santa When: Houde Family Books Where: 6:00 pm   Sarnia Sting vs Windsor Spitfires When: 7:05 pm Where: Progressive Auto Sales Arena   6th Annual Rock and Roll Christmas When: 7:30 pm Dec. 20th - 21st Where: Imperial Theatre Sarnia    Roy Caley Memorial Silverstick Hockey Tournament When: Dec. 19th - Dec. 22nd Where: Watford, ON     Saturday, December 21st    Mystery & Merriment: Carols with Bluewater Chamber Choir When: 02:30 PM — 04:00 PM Where: All Saints Anglican Church   Christmas Stocking Draw, Meat Raffle & 50/50 Catch The Ace When: 3:00 pm Where: Forest Legion   Live Nativity Scene When: 6:00 pm Where: Redeemer Lutheran Church, Sarnia    Sunday, December 22nd   Free 1 Hour Public Skate When: 1:50 pm Where: Greenwood Recreation Centre, Petrolia   Meet Santa at The Celebration of Lights When: 5:15 pm Where: Centennial Park Children's Village  ### [5 Real Estate Terms You Need to Know!](https://www.sarniaproperty.com/blog_read/5-real-estate-terms-you-need-to-know)     Are you planning on buying a home? Are you fluent in real estate lingo? It is a bit intimidating when you're looking to make a big purchase like buying a home but don't know what terms mean. To help you out and boost your knowledge, here are the 5 real estate terms you need to know so you're confident when buying.   Preapproval Letter. Getting preapproved is always one of my first recommendations for homebuyers. Getting preapproved starts with sitting down with your mortgage lender and having them analyze your current financial situation. After crunching numbers, they'll qualify you for the price range of homes you can afford. You'll receive a preapproval letter which proves the price range you can afford while showing sellers you're a serious buyer. Closing Costs. In addition to the price of the home, there are costs associated with the real estate transaction to be paid, often between 2-5% of the purchase price of the home. Some of these costs include appraisal fees, financing costs, title insurance, taxes, loan fees and more. Home Inspection. Having a qualified home inspector determine the condition of the property with a visual inspection is a great decision for buyers. There are many parts of the home that should be looked at, including the AC, appliances, the attic, the electrical system, and the roof, just to name a few. Home inspectors should send you a detailed report showing photos with notes of the condition on the day and note problem areas and recommendations. Appraisal. Real estate appraisers have thorough training and are licensed to estimate the market value of the real estate. They use 3 main methods including a) comparing recent sales in an area, b) note the type and quality of materials, condition, as well as the age and depreciation, and c) an income approach (for commercial or rental properties) Mortgage Commitment Letter. A letter from the lender spelling out the max loan amount, max payment and down payment. The lender takes a much more detailed look at your situation and this is much stronger than preapproval and is essentially a guarantee of the loan.    For more information, call us! (226) 778-0747 ### [How to Help Your Children Buy a Home in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/how-to-help-your-children-buy-a-home-in-sarnia-lambton) Buying a home in Sarnia- Lambton can be a stressful process- however, could you imagine being a first time home buyer in today’s market? With housing prices continuously rising across the country, it is becoming more and more difficult for young adults to afford to purchase a home. The downpayment alone forces many of the younger demographic to turn to renting, which inhibits their ability to save in preparation for the future. With the rising prices of tuition and growing student debts, our children will be finding it more and more difficult to afford a home after school.    Recent studies have shown a trend in parental assistance in home buying for their young adult children. Lending a hand from the Bank of Mom and Dad to help them get an early start to the home buying experience. How can you help? There are many different ways you can aid as a parent to help your children survive the housing market in today’s world. Below are the most popular ways to help your children buy a home, followed by cautionary tips to ensure you are aware of before you make your move!     1. Assisting with Finances   If you are in a good financial position, this may be a good spot for you to help! You can provide the mortgage for your children. This saves them the hefty bank fees and interest that they would see by using traditional lenders. In doing this, you can charge much less interest, you can choose their monthly fees they would pay to you and you can decide whether to remove the down payment requirement upfront and the closing costs.    2. Give a Gift   This seems to be the most common option among parents to help their children purchase a home- helping their children with a down payment. This typically involves providing them with a cash gift to cover a portion of the cost they would need to put down upfront to purchase the home.     3. Co-Signing the Mortgage   Your child may be able to afford to buy a house, in that case- this may be the option for you! Having the money is great but there can still be obstacles in their path. For instance, they may have a patchy credit history. This means they may not meet the credit criteria. If this is your scenario- you can co-sign the mortgage with them to help improve their credit rating and allow them to qualify for more desired terms. Always be cautious, for, in this case, one poor move on your child’s part; be a default on taxes, fees or a payment- as the co-signer, your credit score may be negatively affected and you could have costs to cover.     4. Landlord   If you haven’t found the right option for you yet- maybe this is the one! You can be your child’s landlord. In this, you may decide to purchase a home for your child and charge them as a renter to live there. You are in charge of the cost of rent and can manage a far more affordable situation than if they were to rent from a stranger. When you receive their rent you can keep the money and return it to them so they can later purchase the home on their own- a rent to own scenario. Be cautious of possible taxes that can follow the purchase of a second home.   5. Expenses   As parents, we don’t always have money stashed away to help our children buy homes. AND THAT IS OKAY. This doesn’t mean you can’t still help! Many parents are unable to give large gifts or purchase a second home outright, instead, they can help with expenses! If your child is renting, you can help them by covering the cost of their rent, whether fully or partial, this will help them save up money for a downpayment. Alternatively, you could let them live at home, rent-free so they can allocate all their earnings to purchasing a home.   All in all, there are many ways you can help your child purchase a home in Sarnia-Lambton in today's market- be creative - but always make sure you can afford it. Don’t be dipping into your retirement savings, always keep the best interest of yourself and your child first in mind.  ### [12 Must Have Tools for Homeowners in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/12-must-have-tools-for-homeowners-in-sarnia-lambton) 12 Must-Have Tools for Homeowners in Sarnia-Lambton   Becoming a homeowner is such an exciting part of life. Your new home becomes a canvas that portrays an image of who you are. From the paint colours you choose to the floorings you desire and all the furniture in between, it is a reflection of yourself, your personality and your taste. In many cases, this step introduces you into the great world of DIY! A time for your inner creativity to shine, whether it’s bold and bright, or naturally simple, there is always room to make it your own. Here is a starter kit of 12 must-have tools to set you on your way to ensuring your home is filled with all of your own personal touches!   1.   Measuring Tape From the day you first visit your home to the day you move out, your measuring tape will be your best friend!! You’ll be amazed at how many measurements you’ll need to take. Will that bookshelf fit beside the fireplace? Can you fit that couch through the door? A measuring tape will help you with everything from furniture placement to hanging paintings to fitting new flooring and more.    2.   Screwdriver Set You would be surprised by the amount of different headed screws you can find around your new home. Make sure you’re prepared, as easy as you think putting matching screws in every wall outlet would be- it rarely ever happens! The best option is to buy one with changeable heads and stock up on a wide variety of bits. This way, you’ll always have the screwdriver you need. The uses are endless, from putting furniture together to bleeding radiators. Smaller heads are essential for electrics, although it’s a good idea to look for a set of tiny watchmaker’s screwdrivers for your smaller needs.   3.   Hex Keys Like screwdrivers, hex keys are really useful around the home for all your makeshift needs. They’re especially good for flat-pack furniture and bikes. A good tip is to buy a set with a case or make sure you have good organization because they can be small and easy to lose!   4.   Pliers Pliers come in several shapes and sizes and are useful to have a variety of them in your home. Regular pliers are short and stubby and good for getting a firm grip on smaller objects, and they also typically have a cutting edge, which is great for making a clean cut on wires. Needle-nose pliers are thinner and longer and are ideal when you need to grip something that is smaller and hard to get to. Multi-grips are larger with an adjustable mouth and are good for a wide range of tasks.   5.   Cordless Drill A cordless drill will be your saving grace if you plan to carry out a lot of DIY work. Get a decent model that has the power to tackle drilling into masonry if you think you’ll need it. Not only do they drill holes, but drills can also be used as electric screwdrivers which will save your wrists a lot of unnecessary work and pain! They cover a wide variety of tasks – such as fitting shelves and assembling large pieces of furniture. Plus, with the right bit, they can be used for drilling larger holes.   6.   Level The perfect tool for the perfectionist! A level will ensure that you’re keeping everything straight! Even items that are ever so slightly tilty can be a huge eyesore in a home! Levels are easy to use and available in a wide range of lengths, most DIYers will only need a 6” or 12” level to keep them on track.   7.   Utility Knife Important for not only boy scouts- a utility knife can be used for all kinds of household tasks. They save a lot of frustration when opening stubborn packages and parcels, and will slice through most plastic, cardboard, and rubber with ease. Replacement blades are cheap and easy to swap out, so it’s okay if the blades get used a lot. They will save you lots of time and effort around the house! 8.   Ladder If you are moving into an apartment, you probably won’t need a full-size ladder, but a step ladder/stool is useful for swapping out light bulbs or cleaning the cobwebs from the ceiling. However, a typical six-foot ladder can help with a variety of tasks inside and outside the home, from putting up Christmas Lights to cleaning out the gutters!    9.   Adjustable Wrench An adjustable wrench is the perfect tool to attack a diverse amount of jobs. It can be adjusted to fit your personal needs, as you can use it on a variety of different sized nuts and bolts – making it useful for working on furniture, vehicles and much more.   10.   Scraper Set Scrapers are must-haves when working with walls! They can help apply filler or plaster for repairs and are handing when removing wallpaper! They’re also fantastic at scraping dirt and grime, such as dried glue or caulk from other surfaces.   11.   Saws It’s never a bad idea to have a few different saws in your toolbox! A regular hand saw is useful for cutting things like moldings, while a hack saw is great for plastic or metal. The advanced DIYers might consider electric saws like a circular saw or a miter saw. Make your life easier by investing in a couple of decent sawhorses, as well.    12.   Stud Finder A stud finder is a total game-changer! It’s great for helping add simple personal and finishing touches to your home! It’s a must have when you want to hang decorations or fit shelves to your walls. Cheap and effective, they’ll let you know when you come across a stud in the wall, ensuring a safe and secure fixing each time.   You may not be a carpenter or a DIY professional but that doesn’t mean you can’t work on your home to make it just the way you like! These are the perfect tools to help make your homeownership a little easier. ### [Weekend Update January 24-26](https://www.sarniaproperty.com/blog_read/weekend-update-january-24-26)   Friday, January 24th       Charity Meat Draws- Sarnia Moose Lodge When: Sarnia Moose Lodge Where: 5:00 PM - 7:00 PM   Sarnia Firefighters Meat Raffle When: Stoke's Inland Bar & Grill Where: 5:00 PM - 7:00 PM   Dixon Live @ Blue Line Pub When: 7:00 PM Where: Blue Line Pub   Yoga Nidra Guided Meditation When: 7:00 PM - 8:40 PM Where: Your Yoga Sarnia      Saturday, January 25th    Baby Sign Language Workshop When: 10:30 AM — 11:30 AM Where: Inner Calm Counseling   Dream Home Open House When: 1:00 PM Where: 564 Franco Court Sarnia   Infant Play and Spaces Workshop When: 2:00 PM - 4:00 PM Where: Inner Calm Counseling   Pat Robitaille at Paddy Flaherty's When: 9:00 PM Where: Paddy Flaherty's   Sunday, January 26th   Fourth Trimester Wellness Plan When: 11:00 AM - 12:30 PM Where: Lovewell   Mindfulness and Breathing for Birth When: 5:00 PM - 7:30 PM Where: Inner Calm Counseling ### [Sarnia-Lambton Real Estate Market Update - December 2019 + Full 2019 Year](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-december-2019-full-2019-year) Sarnia Real Estate Market Update - December 2019 + Full 2019 Year       ### [Weekend Events in Sarnia-Lambton (Jan. 31st-Feb. 2nd)](https://www.sarniaproperty.com/blog_read/weekend-events-jan31-feb2)     Friday, January 31st       Sarnia Sting vs Saginaw Spirit When: 7:05 pm Where: Progressive Auto Sales Arena   Coding PA Day Program When: 7:30 am Where: Boys and Girls Club, Lochiel St, Sarnia   Ride The Tide Of Emotions When: 7:00 pm Where: Sarnia Library Theatre   Pickin’ N Fiddlin’ When: 8:00 pm Where: Wyoming Legion     Saturday, February 1st    Euchre Tournament When: 1:00 pm Where: Alvinston Legion   Trivia Fundraiser In Support Of CNIB When: 6:00 pm Where: Sarnia Legion   A Salute To Burt Bacharach When: 7:30 pm Where: Grand Bend Place     Sunday, February 2nd   Big Game Party When: 2:00 pm Where: Wyoming Legion   ### [3 Ways to Prepare Your Home Before You Sell:](https://www.sarniaproperty.com/blog_read/3-ways-to-prepare-your-home-before-you-sell)              Many people don't realize that the home selling process begins months before listing. People often want to sell their home but wait until the summer months to put it on the market. What often happens is that these people end up setting these dates and doing next to nothing to get the home ready. With a lack of preparation, your home might sit on the market for much longer than you hoped. This may affect your sale price. By improving the condition of your home, you can improve the value and thus get more for it. Here are 3 things we recommend to make sure your home selling experience is the best it can be:   Home Inspection: Get a home inspection done on your property. Be proactive in looking for anything that might hinder a sale. By uncovering issues you may have been unaware of, you can end problems and headaches down the road. Discovering hidden major issues, like foundation can kill deals. You don't want to get so close to a sale only to have to start back at square one. Get a home inspection done, find out what your issues are and deal with them ahead of time.   Professional Cleaning: A good clean can do wonders for selling a home. We recommend professional cleaning. Even though dirt may be superficial, it can put off otherwise interested buyers. People associate cleanliness with good upkeeping of a home. When buyers wonder how clean you've kept your home, they may question its general upkeep. Get a good cleaning done, and keep in the best condition possible.   Home Staging: Consider having your home staged by pros. Potential buyers enjoy seeing attractive artwork, couches, accessories, colours, flowers or blankets. These things make it is easier to imagine themselves living there as it can be much more inviting. Stagers can also make suggestions for decluttering and changing the paint colour.   Following these suggestions will help to sell your home fast and for the highest value. Give us a call or text anytime. We can take a look at your home and give you recommendations. And make your home irresistible while kickstarting the selling process. We look forward to hearing from you!       ### [January 2020 Housing Market Update (Sarnia-Lambton)](https://www.sarniaproperty.com/blog_read/jan-2020-sarnia-market-update)   ✔️ 343 active listings ✔️ Over $34.4 Million in Sales ✔️ 105 sold listings ✔️ Average sale price $344,023 ✔️ 36 days to sell average ✔️ 16.7% increase compared to Jan. 2019 ✔️ 53% of sales in $200,000-$400,000 price range ✔️ The number of sales increased by 6 from Dec. 2019    ### [Top 5 Ways to Decorate your Home After Christmas](https://www.sarniaproperty.com/blog_read/top-5-ways-to-decorate-your-home-after-christmas) Hey Sarnia! Decorating your home for winter can be a true task after the Christmas Holidays. Looking for winter-themed decorations that don't shout Christmas, isn't always easy!  To help, Blue Coast Team has put together some tasteful tips, on post-Christmas winter decor.   1. Stay away from Green and Reds! Focus on White, Blue, Gold, and Silver! Red and green are universal Christmas colours. Blue, silver, and white create a cooler atmosphere that portrays a cozy snowy feeling. Gold accents help create warmth throughout the chilly season.   2. Avoid Pine- Try other winter-inspired plants like eucalyptus!  Eucalyptus plants can be transformed to fit any season! Replace the pine tree garland on your mantel with some eucalyptus leaves. You can dress it up with snowy lanterns, candles and a winter quote canvas!    3.Throw Pillows & Blankets! The perfect cure to the winter chill is BLANKETS! Drape your couches with fluffy or faux fur blankets and add the perfect accent pillows to winterfy your living room!   4. Candles! Nothing makes a house feel more like a home than candles- especially during the winter! Pick out some winter inspired scented candles and place them around your home! You can use them for centerpieces on your coffee tables, dining room table, or side tables! The best thing about candles is the array of shapes, sizes, and colours they come in. Have fun with it!   5. Wall art & Canvases A fun DIY project if that's your thing! Decorate your home with winter quotes and sayings. Choose colours from the 1st tip to stay away from creating Christmas decor. Here are a few of our favs: "Sweater Weather" "If Kisses were Snowflakes, I'd Send you a Blizzard" "Winter Wishes and Snowflake Kisses"   If Canvases aren't for you, you can put up winter themed wall art. It can be anywhere from a snowy night to abstract details using winter-themed colours.   We hope these tips helped you! If you are proud of your winter-inspired home send us a photo to be featured on our social media! We would love to hear from you! You can e-mail your photo's to info@bluecoastteam.com. Stay cozy this winter season!   ### [Weekend Events in Sarnia-Lambton (Feb. 7-9)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-feb-7-9) Friday, February 6th First Friday     Love Yourself Free 2-Day Event Hosted by The Girl Gang Canada When: 4:00 pm Where: 140 Christina St N   Wine Tasting (Alton Farms) and Trivia Night When: 5:00-8:00 pm Where: Sitara- Downtown      Revelree Nights When: 7:00 pm Where: 148 Front St N     Saturday, February 8th    Love Yourself Free 2-Day Event Hosted by The Girl Gang Canada When: 4:00 pm Where: 140 Christina St N     Anti-Valentine Dance and Drag Show When: 8:00 pm Where: Royal Canadian Legion br. 62   4 Barrel Blues Band When: 9:00 pm Where: Paddy Flaherty's     Sunday, February 9th   Free Pancake Breakfast When: 9:00-10:30 am Where: 383 Russell St N - New Horizons Community Church ### [Avoid These Mistakes When Buying A Home](https://www.sarniaproperty.com/blog_read/avoid-these-mistakes-when-buying-a-home)     You want things to go smoothly when buying a home. Make things easier on yourself when selling, and watch the video below.     Three mistakes you need to avoid when buying a home in Sarnia    Failing to research and prepare. You need to understand your family's unique financial situation and unique needs. It's wise to take a look at your assets and debts. You should get pre-approved financing BEFORE diving head-first into house hunting. You need to consider many different things before you start. Consider what kind of neighborhood you'd like. Consider how far are you willing to drive to work. Explore what schools are in different areas if you have or plan to have children. Nothing good can come if you don't do your research and go in blind.   Obsessing over getting a good deal. Getting a good deal is a rush, there's no doubt. Some people become very fixated on getting a deal. Sometimes they lose sight of the fact that they are looking for a home their family will actually have to live in. You may raise your children in the home that you select. Don't buy because it's a good deal; buy it because it fits your family's needs and lifestyle. A beachfront home in Sarnia is a lifestyle. Living in a 100-year-old character home in the heart of the city is a lifestyle. When you know the lifestyle you want, you can focus on getting a home that fits it.   Buying out of frustration. Sometimes even when you know what you want in a home, you feel like you can't find it. You could have been outbid on several homes that met your needs and lifestyle. It can be an emotional rollercoaster having your hopes rise, only to feel like you missed out. Whatever you do, don't give up your requirements and go with any home. Remember, you will be likely living here for quite a while. Do you want to be regretting and resenting your home and decision to buy every day? Of course, you don't want that. You should get a good buyer's agent on your side. Have them send you listings that match your criteria and get you in to view the properties fast. You need to stay patient and know that the right home is waiting.     Those are the three mistakes to avoid when you’re looking to buy a home in Sarnia-Lambton in 2020. If you're thinking of buying, we'd love the opportunity to help you find a home that fits your lifestyle. Give us a call here at The Blue Coast Team at (519) 331-3746 and Put Sean on Your Lawn!       ### [Weekend Events in Sarnia-Lambton (February 14-16)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-february-14-16) Friday, February 14th Valentine's Day      Valentines Day Dinner When: 4:00 pm Where: Tin Fiddler   Sarnia Firefighters Meat Raffle When: 5:00 pm Where: Stoke's Inland Grill & Bar   Special Valentines Live Music Friday's Featuring Fischer & Lovat When: 7:00 pm - 11:00 pm Where: The Bay Waterfront Grill   Travis Laur Live at Rondo's When: 8:00 pm Where: Rondo's Pizza Plus Bar and Eatery   Valentine's Day Rock N Bowl Date Night When: 9:00 pm - 2:00 am Where: Hiway Bowl     Saturday, February 15th    Facial Rejuvenation Practitioner When: 10:00 am  Where: 160 Christina St S   Safari Jeff: Family Day Weekend at Lambton Mall When: 11:00 am - 12:00 pm & 1:00 pm - 2:00 pm Where: Lambton Mall     Auditions!!! Motherhood Out Lourd directed by Henri Davis Canino When: 1:00 pm - 4:00 pm Where: Theatre Forty Two   Snakes & Lagers- Boardgame Afternoon When: 1:00 pm - 4:00 pm Where: Refined Fool (Downtown Location)   Aces High When: 9:00 pm - 12:30 am Where: Twisted Arm     Sunday, February 16th   Tropical Winter Escape Movie Night When: 5:30 pm - 8:30 pm Where: City of Sarnia - Strangway Centre   ### [Top 5 Renovations to Increase Property Value](https://www.sarniaproperty.com/blog_read/top-5-renovations-to-increase-property-value)     Hey Sarnia-Lambton! When you’re selling your home, you want it to sell fast and for the best price possible. Here are 5 tips for renovations that’ll increase your property value and make a big difference when selling.     Paint the walls. Paint covers up scuffs and marks that accumulate on your walls over the years. A good paint job makes a room look vibrant, fresh, and very inviting. When buyers see the attractive fresh paint they know they won’t have to put in the effort themselves any time soon.   Remodel the bathroom. Replacing the tub and the tub’s surrounding tile, the floor, toilet, sink, vanity, and fixtures is a smart idea. It often gives a very high average return of 102% at the resale of your investment. Want a less expensive investment? Paint the walls, reglaze the bath and add a modern lighting fixture.   Remodel the kitchen. Kitchens can make or break a sale. Consider investing in new countertops, soft-close cabinet drawers, and high-quality stainless steel appliances. Kitchens can be very expensive to renovate, so only do what’s necessary.   Replace the carpeting. Worn down, outdated, stained, ripped or smelly carpets repel buyers. Getting a new carpet can make a home feel brand new. Don’t want to replace them outright? Having a professional quality carpet cleaning and stain removal can help fix stain or smell issues as well.   Do some landscaping. Try putting in small or medium-sized gardens on your property. Consider putting in some trees or a patio. Fix up your fence if its in need of repair. Stick to simple and classic landscaping designs that will always be popular.   There you go! That’s the 5 Top Renos to Increase Property Value. Like and share if you enjoyed this info. Want to know some of Sarnia’s best renovators and landscapers? Give us a call at 519.331.3746!     ### [Weekend Events in Sarnia-Lambton (Feb. 21-23)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-feb-21-23) Friday, February 21st       Puzzle Craze Fundraiser - for Sandy Perron When: 7:30 pm Where: Stoke's Bay Bar & Grill      Saturday, February 22nd    Glamour Shots For Your Pet When: 12:00 pm Where: Pet Value, Wallaceburg   Mardi Gras Evening With The Dixie Demons When: 7:30 pm Where: Grand Bend Place, Grand Bend, ON   Yuk Yuks Comedy When: 8:00 pm Where: Corunna Legion   Black Tie 1920’s Themed Event When: 9:00 pm Where: Paddy Flaherty's Pub   International Symphony Presents: At The Movies When: 7:30 pm Where: Imperial Theatre   Karaoke Live When: 8:00 pm - 12:00 am Where: McCarthy's Southside Bar & Grill      Sunday, February 23rd   Paint Party at Sombra Museum When: 2:00 pm - 4:00 pm Where: Sombra Museum   Karaoke Live When: 8:00 pm - 12:00 am Where: McCarthy's Southside Bar & Grill   ### [How to Make Home Buying a Breeze!](https://www.sarniaproperty.com/blog_read/how-to-make-home-buying-a-breeze)   You want to be sure to find yourself a good and reliable realtor in Sarnia-Lambton who can help with the biggest investment of your life. A good team will keep things organized, swift, and keep you informed along the way! Hire a team with extensive knowledge of the local market that is able to get you what you need: homeownership. The Blue Coast Team is back to make sure your buying process is a walk in the park with these tips.       WHO YOU HIRE MATTERS! Make sure you find yourself a good and reliable realtor in Sarnia to help you handle the biggest investment of your life. A good realtor will help keep the process organized, swift and keep you fully informed along the way! Hire someone with extensive knowledge of the local market, who can get you the home you deserve.   GET PRE-APPROVED  This step is SUPER important. It's like when you’re shopping and you find a piece of clothing that you LOVE and you try it on before looking at the price just to realize it is WAY out of your price range…  This is the same deal! Make sure you get pre-approved as soon as possible so you know what you can afford. Don’t assume! Head to your bank or visit a mortgage broker to know your budget before you start looking.    DISCUSS YOUR WANTS & NEEDS WITH YOUR REALTOR Sit down with your realtor and make a wish list. Discuss what you’re looking for in a home to narrow down your search! Before you meet with your realtor, write down any questions you have so you don't forget to ask them during your meeting... they're there to give you professional advice and make the process and simple as possible, don't be afraid to ask away!   OFFER TIME! Make an offer! Don’t wait until it’s too late. Your realtor will be able to give you their professional opinion to help you make an offer on your dream home. If you found “the one” be sure to act fast to seal the deal as some houses are only on the market for less than a week!   GET A HOME INSPECTION Don’t wait to be surprised after the fact- seek out a professional to look over the house and make sure there are no issues!   MOVING TIME! Don’t wait until moving day to cross your T’s and dot your I’s. Be prepared! Arrange your internet, mailing address, gas, hydro, etc. ahead of time to leave the stress out of the picture!   Home buying is one of the most exciting times! ENJOY THE PROCESS! Make sure you are getting what you want for a price that reflects your needs! The Blue Coast Team thanks you for taking the time to read this blog and is always open to any questions you may have about the buying or selling process! Don’t hesitate to give us a shout: info@thebluecoastteam.com. ### [Tips on Moving To a New Home With Children](https://www.sarniaproperty.com/blog_read/tips-on-moving-to-a-new-home-with-children) It can be stressful buying a home, especially when children are involved. Young children can be especially overwhelmed by excitement and anticipation. By planning ahead you can help make the experience go smoothly. Here are 5 tips to make the move go smoothly.       1. Familiarize Your Kids with the New Home Have a walkthrough of a home with your kids. During the walkthrough, speak positively with them about the home. Ask what colour they would like their rooms to be painted and how they imagine their rooms will look like.   2. Packing Up and Moving Moves are the perfect opportunity to purge some of your excess possessions. Help your kids sort their books, toys, and games before they begin packing. Introduce them to the idea of donating their old items to a charity or organize a garage sale as a project for the family. Have a special box for your kids on moving day that contains some things they hold dear. Let them know their things are safe and they can unpack their box themselves. Before leaving, maybe let the kids say a few great memories they had there. Take some photos to remember the old home. On moving day it can be relieving to have a friend or babysitter take care of the kids while you move.   3. Keep Contact with Friends Moving often means leaving friends behind, which can be hard on children. Ask your kids if they'd like to stay in touch via phone calls, sleepovers or letters. If your kids are older they may already be able to chat with their friends online to keep in touch.   4. Make the First Night a Fun One Plan to make the first night at the new home memorable and fun. Order a pizza or your kids' favourite foods and maybe play some board games and watch a movie. Anything that's fun and interesting is good.   5. Think About Routines Children feel safe when they have regular routines. Bath time, bedtime stories, specific snacks or meals all should be continued as scheduled. Explore your new neighbourhood on foot, vehicle or Google Maps and check for parks, nature areas or playgrounds nearby. Invite your old friends and new neighbours to a housewarming party. Let the kids help you out with invitations, food and games for the kids. Make sure to check out the local businesses, restaurants and cool kid-friendly spots.  ### [March 6-8th Weekend Update!](https://www.sarniaproperty.com/blog_read/march-6-8th-weekend-update) Friday, March 6th First Friday   Infant Spaces and Play When: 2:00 pm - 4:00 pm Where: 155 Front St N March First Friday- Live Music with singer/songwriter J.P. When: 7:00 pm - 9:00 pm Where: One Tooth    Revelree Night When: 7:00 pm - 2:00 am Where: 148 Front St N     Saturday, March 7th    Paper Bag Princess Day! When: 1:30 pm Where: The Book Keeper   Kombucha Workshop When: 5:30 pm - 7:30 pm Where: Kombucha Hound   Circle the City & Friends When: 6:30 pm - 12:30 am Where: Theatre Forty Two   Name that Tune When: 7:00 pm - 11:00 pm Where: Bottom's Up Bar & Grill       Sunday, March 8th   Celebrate International Women's Day 2020 When: 3:00 pm - 8:00 pm Where: Refined Fool Midtown ### [February 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/february-2020-sarnia-market-update)       There were 337 active listings and over $41.5 million in sales in Sarnia-Lambton.  We had 108 sold listings and the average sale price was $343,044. Homes stayed on the market for 24 days on average before selling. The average sale price was 14.8% higher than in February 2019.   There were 20 homes sold in the 199K and under price range, 68 homes sold in the 200-399K price range, 28 homes sold in the 400-599K price range and 7 homes sold in the 600K and above price range. 54% of sales took place in the $200,000-$400,000 price range.   Point Edward saw 3 homes sold and had an average listing price of $465 thousand dollars and there are 3 active listings.   The College Park area had 1 home sold and had a listing price of $459,900 and there is 1 active listing.   The Sherwood Village area saw 3 homes sold and had an average listing price of $318 thousand dollars and there are 4 active listings.   Heritage Park had 1 home sold, having a listing price of $559,900 and there are 5 active listings.   Coronation Park and the Tree Street area of Sarnia had 5 homes sold and had an average listing price of 248.9 thousand dollars and there are 2 active listings.   Guthrie Park had no sales in February and has one active listing for $359,900 thousand dollars.   High Park saw 5 homes sold and had an average listing price of $279.8 thousand dollars and there is 1 active listing.   Sarnia’s Northgate Area saw 8 homes sold and had an average listing price of $231.8 thousand dollars and there are 5 active listings.   Downtown Sarnia, including condos, saw 6 properties sold, having an average listing price of $225.6 thousand dollars and there are 6 active listings.   Mitton Village saw 6 homes sold and had an average listing price of $241.5 thousand dollars and there are 2 active listings.   The Sarnia South area saw 6 homes sold and had an average listing price of $168.1 thousand dollars and there are 2 active listings.   The Rapids Parkways area saw 3 homes sold and had an average listing price of $561.6 thousand dollars and there are 17 active listings.   The Twin Lakes area had 1 home sold, having a listing price of $339.9 thousand dollars and there are 2 active listings.   The Wiltshire Park area had 8 homes sold and had an average listing price of $375.4 thousand dollars and there is 1 active listing.   The Woodland & Oak Acres area had 5 homes sold and had an average listing price of $307.7 thousand dollars and there are 2 active listings.   The Woodrow Beach area had 7 homes sold and had an average listing price of $421.3 thousand dollars and there are 9 active listings.   The Blackwell area of Sarnia saw 3 homes sold and had an average listing price of $733 thousand dollars and there are 8 active listings.   Bright’s Grove saw 1 home sold, having a listing price of $589,900 and there are 7 active listings.   Plympton-Wyoming saw 12 homes sold and had an average listing price of $473 thousand dollars and there are 24 active listings.   St. Clair Township saw 16 homes sold and had an average listing price of $403 thousand dollars and there are 24 active listings.      ### [Weekend Events in Sarnia-Lambton (March 13th-15th)](https://www.sarniaproperty.com/blog_read/weekend-events-in-sarnia-lambton-march-13th-15th)  Friday, March 13th       Fish Dinner When: 4:30 PM Where: St Philip Parish Hall   Sarnia Sting vs Owen Sound Attack When: 7:05 PM Where: Progressive Auto Sales Arena   Sarnia Rock & Fossil Club Meeting When: 7:30 PM Where: Twin Lakes Terrace Retirement Home   Classic Albums Live: The Rolling Stones When: 8:00 PM Where: Imperial Theatre, Sarnia     Saturday, March 14th   Kiwanis Pancake Breakfast When: 9:00 AM - 2:00 PM Where: Forest Legion   Meat Raffle, 50/50 & Catch the Ace When:  3:00 PM - 5:00 PM Where: Forest Legion    Huntington Society Fundraiser When: 7:00 PM Where: Marcin Bowl, Point Edward   Sunday, March 15th    Kiwanis Pancake Breakfast When: 9:00 AM - 2:00 PM Where: Forest Legion   Sarnia Sting vs Erie Otters When: 4:05 PM Where: Progressive Auto Sales Arena   St Patricks Celebration Irish Stew When: 5:00 PM Where: Oil Springs United Church   Matthew Good and His Band – Moving Walls Tour 2020 When: 8:00 PM Where: Imperial Theatre     ### [4 Signs You're Ready to Stop Renting and Buy a Home](https://www.sarniaproperty.com/blog_read/4-signs-youre-ready-to-stop-renting-and-buy-a-home)     If you’re a renter you may be a fan of not having the responsibilities of homeownership and the freedom to move as you please. Most people, though, reach a point where they really want a home of their own. If you want to boost your financial security, buying a home is a great way to do so. Paying your mortgage off means building equity, which is a valuable financial resource. With mortgage rates being so low right now, it's a good time to make the move from renting to buying. Are you interested in buying, but aren’t sure if you’re ready? Here are 4 Signs You’re Ready to Stop Renting a Buy a Home       1. You’re tired of high rent prices. A one-bedroom apartment in Sarnia costs nine hundred ninety-five dollars per month on average, while a three-bedroom apartment costs twelve hundred eighty-nine dollars on average. Rent keeps rising, which makes it hard to save for your financial goals, like homeownership. If you feel you’re spending too much on rent and want to build equity, you need to look into the possibility of owning rather than renting. Making a strict budget for saving for purchasing a home while you are renting can seem daunting, but it is one of the smartest things you can do. Every bit you can save will bring you closer to homeownership and building equity. If you  Check out Sarnia’s rental prices: https://www.rentboard.ca/rentals/rental_rates.aspx?locid=4749 2. You can afford the extra costs of homeownership. The lack of responsibility when renting can be nice. When stuff breaks it's your landlord’s job to fix it. They look after property taxes, maintenance and insurance, et cetera. When you own a home, these things and much more become your responsibility to both fix and pay for. You’ll have new expected costs and new unexpected costs arise. If you’re earning more money or have saved adequately, you may have enough to cover the expenses of homeownership. 3. You can afford the down payment and closing costs. Funding the downpayment is most people’s biggest hurdle when it comes to homeownership. When you consider five percent is a fairly standard down payment, and the average home cost in Sarnia-Lambton is above three hundred thousand, down payments could cost fifteen thousand dollars or more. This isn’t always the case though, as there are cases where buyers can get a mortgage with a zero percent down payment. Buying a home is a legal transaction, and lawyers have an important role to play in the real estate transaction and need to receive compensation for their work. Standard lawyer fees for purchase costs are nine hundred dollars and up for purchases under two hundred thousand dollars, and are twelve hundred fifty dollars and up for purchases over two hundred thousand dollars. Closing costs on homes under two hundred thousand dollars are typically eight hundred dollars and up, while closing costs on homes above two hundred thousand dollars are typically eleven hundred fifty dollars and up. If you can afford down payments and closing costs, that’s a good sign you might be ready to buy a home. (Check out our podcast with Colin McElrea from GMSB where Sean and Colin discuss the lawyer’s role in the home buying process, the lawyer’s fees and more: https://www.youtube.com/watch?v=AsTOJN7bTT8) 4. Credit score has improved. Poor credit scores lock many renters out of homeownership since they aren’t able to qualify for a mortgage. Late payments will kill your credit score. (Check out our podcast with Erin Hamilton of Sherwood Mortgage Group where Sean and Erin discuss repercussions of bad credit, strong and weak credit, tips for improving credit, advice for those who have filed for bankruptcy and more: https://www.youtube.com/watch?v=qUM0ZKe9npg). Having late payments and acquiring a lot of debt cause your credit score to plummet and stay low. Recovering from bad credit can take time. Your credit score can drop significantly after merely missing one payment while taking months to return to where it was. If you have a healthy credit score you’ll get better interest rates and loan terms and find it much easier to get a mortgage. There you go, there are 4 signs you’re ready to stop renting and buy a home. If that sounds like you, then you should be excited! Before you go out and do anything, first speak with a realtor who will give you some insights. The realtor will tell you you need to first get a pre-approval and hook you up with a good quality lender who will take a look at your financial situation. The lender will determine the price range you can afford, allowing the search to be narrowed into the appropriate price range. Thanks for watching! We hope you found this useful and remember to Put Sean on Your Lawn! ### [3 Key Criteria for Evaluating a Home Inspection Company](https://www.sarniaproperty.com/blog_read/3-key-criteria-for-evaluating-a-home-inspection-company)   What is a home inspection?  A home inspection a 3rd party educated outlook at the home and it does not provide a warranty or guarantee anything, nor is there a pass or fail. As a realtor, I always recommend buyers have a home inspection done on the property they’re looking at. Knowing the state of the home and any issues it might have allows buyers to make fully-informed decisions while they consider buying. While all home inspectors are trained to examine and make note of your property in great detail, there are several key considerations we use when we recommend a home inspector.      The first consideration is Knowledge. Home inspection remains unregulated in Canada, which is why having some certification is so important. Since home inspectors look at so many aspects of the home, from plumbing, HVAC, electrical, structural, health, and safety to name a few, having certification shows the home inspector has the knowledge of each aspect of the home and ability to identify and document them. A couple of great certifications to look for in your home inspector are the Ontario Association of Certified Home Inspectors, International Association of Certified Indoor Air Consultants, and Pro-Lab for environmental testing.   The next consideration is Experience. Make sure to seek out home inspection companies that have real experience. If their website gives a decent number of examples of their work and lists any brokerages they’ve worked with, while having great customer reviews, then your chances of having a good experience with them increases. Remember that while home inspectors don’t have x-ray vision to see through your floors or walls, experience in dealing with a wide variety of properties and issues means they can catch more of them.   Our third consideration is Professionalism Your home inspection company needs to be insured for both general liability and professional liability. If the home inspector damages anything, general liability insurance will cover the damage. If any errors or omissions happen, professional liability insurance will cover the issues related to the inspection. You’ll be protected in both cases.   While it's up to you to choose the best home inspection company for you, we hope you make use of these criteria for a more informed choice. If you need recommendations, call me at (519) 331-3746, and remember to Put Sean on Your Lawn! ### [Selling your Home in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/selling-your-home-in-sarnia-lambton) Selling a home in Sarnia-Lambton is not always as simple as you may think. The Ryan Realty Group is back to share what we do to ensure our listings reach top dollar once they hit the market.    First things first- do not rush the process. Take your time, it takes time to get your home ready and on the market.   When you hire The Ryan Realty Group to sell your home, the first thing we’ll do is sit down and discuss the process with you. We want you to feel as comfortable as possible with the process. We will discuss any updates that would enhance the home to increase value and may suggest a home stager. Updates can go anywhere from re-doing a kitchen to updating paint colours.    Once your home is ready we will send our professional photographer over to take HD photos and videos of your home. Using the best angles and lighting possible. We will use these graphics not only when we launch your listing but for pre-listing marketing as well. This stems from postcards to brochures to a full social media “Coming Soon” launch program.   This process does take time and we encourage you to reach out to us sooner than later.   Want a FREE, NO-OBLIGATION home value? CLICK HERE   If you have any questions about selling your home or want to learn about our extensive selling procedure do not hesitate to reach out to us. info@sarniaproperty.com or 519-331-3746. ### [Questions you Must Ask Before Buying a Home in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/questions-you-must-ask-before-buying-a-home-in-sarnia-lambton)   With there being so many houses on the market in Sarnia-Lambton, how can you be sure to find “the one”? Purchasing a home requires research and asking the right questions! To help you, The Ryan Realty Group is back to chat with you about important questions we always share with our buyer clients when purchasing a home!    We all know the “big picture” questions...How long has the house been on the market? How much have homes sold for in the neighborhood? and how is the neighborhood?   But there are some questions you may not be as familiar with like is the home in a flood zone or prone to other natural disasters? or what’s the history of past insurance claims? These are all questions that, as your realtor, The Ryan Realty Group will make you aware of and help ensure you have as much knowledge of the home you are looking to purchase as possible!   We have outlined some of the most common questions that we ask every single time before making an offer. #1: What is my budget?   This question is often looked over due to assumptions. “Well my house would probably sell for this.... and I have this much saved... and if I just sold this… I could afford this...”. These are sentences we hear way too often in real estate. You should never assume! At The Ryan Realty Group, we ensure our first recommendation for any buyer is to get pre-approved. This gives you, your realtor and the seller confidence and validation that you aren’t wasting anyone's time.    There are more things to consider than purchasing the home itself. Try not to max your budget out on the listing price. Keep in mind there are additional costs to consider, such as closing costs, property taxes, homeowners insurance, homeowners association dues, ongoing home maintenance and any renovations you want to do.    #2: Why is the seller leaving?   As a buyer, it’s always a good idea to try and find out why the seller is moving. Are they looking to downsize? Are they moving for work? Knowing the reason for the sale can help determine the urgency of the sale and the caliber of negotiating that you can bring to the table. A good buyers agent will find out this information for you and will determine the level, if any, of negotiation they will accept. A motivated seller who needs to move immediately, needs a quick closing date, or whose home has been on the market for a while is more likely to negotiate than someone who isn’t in a rush to move.   #3: Have they done any work on the house?   This is important to understand for many reasons. In Sarnia-Lambton we have bylaws and codes that we must respect. Just because someone lists their home stating certain things, does not mean that it lines up with the description of the home. Make sure to ask for the original manufacturer warranties on any appliances or systems that have been replaced. Be sure to ask how old the roof is. You don’t want to move in just to find out you need to fork out more thousands of dollars to replace the roof. Your lender may also be less inclined to lend you the money and may require the roof to be repaired before you can receive the loan. Save yourself the grief ahead of time and be sure to ask the right questions!    #4: What’s included in the sale of the home?   Often the listing will contain a “Inclusions” and an “Exclusions” box. Here you will find fixtures that are chattels that are included in the sale and fixtures that are excluded from the sale. Always be sure to double-check this. Most fixtures come with the sale of the home, including kitchen cabinets and blinds. However, don’t be mistaken, not everything you think will stay- will. Be sure to always ask.    Make sure to ask what is and isn’t included with the sale of the home. Do you really want the washer and dryer, or the stainless-steel refrigerator? Ask if the seller will throw these items into the deal. We often see lots of compromises like these here in Sarnia-Lambton!   These are only some of the dozens of questions we ask for our buyer clients. Always be sure to educate yourself before making an offer. Ask the right questions, do your homework, research the home, the neighbourhood, the area. Are there parks nearby, what school zone am I in, where is the nearest grocery store, how long is my commute to work, etc.   The Ryan Realty Group prides itself on having top knowledge of real estate, bylaws and the local community of Sarnia-Lambton. Are you currently looking to buy? Sign up today to receive active local listings straight to your email, matching all of your wants and needs: https://www.sarniaproperty.com/hot-new-listings ### [March 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/march-2020-housing-market-update)   There were 374 active listings and over $43.7 million in sales in Sarnia-Lambton.  We had 139 sold listings and the average sale price was $355,300. Homes stayed on the market for 24 days on average before selling. The average sale price was 16.3% higher in March 2020 than in March 2019.   There were 23 homes sold in the 199K and under price range, 72 homes sold in the 200-399K price range, 33 homes sold in the 400-599K price range and 11 homes sold in the 600K and above price range. 52% of sales took place in the $200,000-$400,000 price range.   ✅ Point Edward saw 3 homes sold, having an average sale price of $593.3 thousand dollars, and there are 3 active listings. ✅ The College Park area of Sarnia had 1 home sold, having a sale price of $605 thousand and there are 1 active listing. ✅ The Sherwood Village area saw 9 homes sold, having an average sale price of $307.1 thousand dollars and there are 3 active listings. ✅ Heritage Park had 2 homes sold, having a sale price of $486.5 thousand and there are 3 active listings. ✅ Coronation Park and the Tree Street area of Sarnia had 5 homes sold, having an average sale price of 258.4 thousand dollars and there are 2 active listings. ✅ Cardiff Acres had 4 homes sold, having an average sale price of 278.5 thousand dollars and there is 1 active listing. ✅ Guthrie Park had 3 homes sold, having an average sale price of 321.6 thousand dollars and there are 1 active listing. ✅ High Park saw 3 homes sold, having an average sale price of $305.3 thousand dollars and there are zero active listings. ✅ Sarnia’s Northgate Area saw 5 homes sold, having an average sale price of $229 thousand dollars and there are 8 active listings. ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of $366 thousand dollars and there are 13 active listings. ✅ Mitton Village saw 1 home sold for $309.9 thousand dollars and there are 3 active listings. ✅ The Sarnia South area saw 9 homes sold, having an average sale price of $223.3 thousand dollars and there are 5 active listings. ✅ The Rapids Parkways area saw 8 homes sold, having an average sale price of $544.6 thousand dollars and there are 18 active listings (including the new homes to be built.) ✅ The Twin Lakes area had 6 homes sold, having a sale price of $405.6 thousand dollars and there are 2 active listings. ✅ The Wiltshire Park area had 7 homes sold, having an average sale price of $321.9 thousand dollars and there are 7 active listings. ✅ The Woodland & Oak Acres area had 2 homes sold, having an average sale price of $307.4 thousand dollars and there are 6 active listings. ✅ The Woodrow Beach, Wees Beach & Oakwood Corners area had 4 homes sold, having an average sale price of $348.8 thousand dollars and there are 10 active listings. ✅ The Blackwell area of Sarnia saw 1 home sold, having an average sale price of $413.6 thousand dollars and there are 7 active listings. ✅ Bright’s Grove saw 3 homes sold, having an average sale price of $556.6 thousand and there are 14 active listings. ✅ Plympton-Wyoming saw 1 home sold, having a sale price of $750 thousand dollars and there are 30 active listings. ✅ St. Clair Township saw 17 homes sold, having an average sale price of $429 thousand dollars and there are 28 active listings.     ### [How do showings work when I list my home?](https://www.sarniaproperty.com/blog_read/how-do-showings-work-when-i-list-my-home) The Blue Coast Team is back to ease concerns about showings in your home! We meet with many clients who fear what will happen when showings occur. Whether it’s your first time selling a home, or your first time selling a home in many years, the thought of showing your home to strangers can cause anxiety. We have gathered some of the most commonly asked questions from our clients in Sarnia-Lambton.     Will buyers be wandering through my home unsupervised? No, common practice stands as the buyer's realtor will take them through the house, showing them the ins and outs. They will communicate with your realtor to gain any extra information of your home and anything that should be shared. For Open Houses, your realtor will try their best to show potential buyers around while greeting others at the front door. Some Open Houses may get too busy to show each and every buyer around, in this case, so realtors will limit the number of buyers who can come through the house at a time. Some realtors will also bring their clients through the open house. You can discuss how you would like the Open House to function with your realtor.    How much notice will I have before a showing? The common practice is for realtors to request for 24 hrs notice. You can tell your realtor to share that you would like a day's notice and they can advertise that on the listing. If you want your home sold quickly you may tell your realtor to accept as many showings as possible with little notice. Is it all about your preference which you will discuss with your Realtor. In this, it should never happen that someone just shows up at your door. You will always have notice and the buyers will come through with another agent.   How will I know that someone wants to see my house? Your agent will contact you. Every agent may have their own way of dealing with showings. Here at The Blue Coast Team we will call or text you every time we hear from a buyer or another agent who wants to see your house.   Preparing showing- what should happen at the home? Prepare the home as nice as when the listings photos were taken. Ensure it is clean; counters wiped down, dishes washed and put away. Make sure the home smells nice but not too strong; you can bake some cookies, use some Febreze, or ensure the home smells clean. Speak with your agent and see what they feel needs to be done to your home to make the home “photo ready” for showings.   Final tip: do I need to be there? Buyers would rather you not be there. They are going to be walking around your home and trying to see themselves in there. It makes it tougher when you’re there staring at them. You can leave notes for your agent such as, do not let the cats out, or please be aware that there are dogs are in the house. Tips for showings during COVID-19: We provide virtual initial meetings and showings through zoom and messenger.  We request all buyer agents to ensure their buyer is serious, pre-approved, and has signed a COVID-19 medical form. For buyers who meet all the criteria before entering the home must follow these rules: • Social distancing in the house at all times • Hands to be disinfected • No touching of surfaces. Hands to be kept in pockets. • No using of washroom facilities within the home ### [How to Declutter Your Home](https://www.sarniaproperty.com/blog_read/how-to-declutter-your-home)     Clutter is a collection of stuff lying around your home in an untidy mass. When we have clutter, we have more things to clean, more to organize, and more stress because of it. It’s unsightly, makes the rooms in your home feel smaller, and is a source of embarrassment for all of us when it gets out of control.      Fortunately, there are plenty of things we can do to declutter and organize our homes.    First, you need to identify the problem areas. A great method is to imagine yourself as a visitor who has never been inside your home before. Walk through your home & take pictures of the areas, and note how tidy and clean it feels, and note which areas need the most attention. Next, write down a plan of attack or a decluttering checklist.   If you feel overwhelmed at the scale of the work, you can break the decluttering work into 5-minute segments a day or selecting one item a day to get rid of. Or get help from a friend, spouse or your kids.    Try sorting things into 4 piles:   Pile 1 is everyday necessities that need organizing, likely back into drawers, cupboards & closets.   Pile 2 is less frequently used stuff - tucked it out of sight (maybe in totes or the basement)   Pile 3 is stuff you never use anymore, but someone else might have use for it. Donate it to Goodwill or Value Village, or sell at a garage sale or on Mommy Market on Facebook, Kijiji or eBay.   Pile 4 is stuff for the trash or recycling.   Try to follow the one-year rule, where if you haven’t worn that piece of clothing for a year, you probably won't wear it, donate it!   If organizing the little things is tough for you, consider getting some kind of workstation organizers, like desk shelving trays, to get your frequently used items out of the way.   If you want to become more consistent in your organization habits, there are a lot of apps to help you out, such as Homey, Home Routines, OurHome, FlyLadyPlus, Unfilth Your Habitat and much more.   With most of us confined to home, now really is a great time to get started making your home feel more spacious by organizing and decluttering. And for those looking to sell when things normalize, you’ll be inviting higher offers, since your space will actually seem bigger and more inviting than it was before decluttering. ### [6 Habits to Help You Thrive During Lockdown](https://www.sarniaproperty.com/blog_read/6-habits-to-help-you-thrive-during-lockdown)     We’re nearly 6 weeks into this lockdown, and there seems to be some light at the end of the tunnel. Since we aren’t sure how long this will all last for, here are a few tips for setting up good habits that could improve your life both during these times and after.   1. Stay connected with your friends and family. Chances are, you’ve had some phone calls and video chats during the lockdown. Make sure to keep it up if you have; speaking with friends and family is great for your mental and physical health. Your immune system can actually be negatively impacted by isolation, so keep it strong by increasing your connection with the ones you love.   2. Try meditation. Available apps like Calm, Waking Up, Headspace or 10% Happier can be used to destress, relax, foster mindfulness, and create a sense of wellbeing. It’s all too easy to give in to eating junk and drinking too much, which makes you feel worse off in the long run. Chronic stress and depression can make your body’s immunity falter, while meditation has been shown in dozens of randomized controlled trials to reduce inflammation and boost immunity. See: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4940234/   3. Take a technology break. While technology is essential to staying in contact during the lockdown, this can actually be a wakeup call to notice how dependent you are on it. How many times do you mindlessly login and lose yourself for an hour only to realize you completely forget what you’ve read, or worse, feel anxious about it? You might consider taking a break from the endlessly negative news streams and disconnect from it all for a bit. Read a book, go for a long walk, do some gardening, try painting or drawing… all the classic hobbies our grandparents used to love. We’ll always have technology, but it can be very refreshing to take some time off.   4. Take a break from the news. With all this time at home, it's easy to obsess over every new detail about COVID-19. While following the guidelines are the best way to stay safe, reading every piece of literature on the subject will likely only make you feel on edge. Especially now with the abundance of conspiracy theories and ideas contradicting the official stances that most scientists and politicians have taken & fanning the fires of paranoia, we really just need to keep a level head. Taking a break from the news and focusing on positive things, in whatever form that takes, is smart.   5. Start a home workout routine. If you’re usually a gym-goer, you probably switched to home workouts shortly after lockdown. If you haven’t, then this could be a great time to try some interesting new workouts. If you’ve never tried a home workout or feel you have limited space, trust me, you don’t need a lot of space to get a good workout. Have you been curious about trying HIIT, yoga, kickboxing, or calisthenics? There is a whole world of fitness streaming services and apps waiting for you. Take Beachbody On Demand for example, who have 1,100+ workouts available for you to stream. You could do a totally different workout every day for 3 years! Other workout apps/subscriptions include Fiit, Plankk, Movement for Modern Life, FitOn, Omstars, and more. When the lockdown ends, your local gym will need your support, so if you can afford to try and get back in there, and show your friends a few of the new moves you learned!   6. Improve your sleeping patterns better. In Matthew Walker’s book “Why We Sleep”, the author talks about how basically every aspect of our health and wellbeing is linked to sleep. From repairing body tissue, increasing sense of wellbeing, and increased memory and productivity, sleep is something we all could use a lot more of, properly! With free time available, this could be a great time to set in place strict habits to benefit ourselves, and getting regular better quality sleep could be one that makes a lasting difference.   In closing, you could actually use this time to set up some amazing habits that persist long after all this lockdown business is over. Use your time wisely, and instead of being down in the dumps, you might be able to come out of this feeling on track with your health, more in tune with your mind, less anxious, better rested, and more productive. Stay Positive Sarnia-Lambton. Tough times can be opportunities in disguise. ### [How to Make your Home Photo Ready](https://www.sarniaproperty.com/blog_read/how-to-make-your-home-photo-ready)   Photography is an essential aspect of listing your home. Getting your home photo-ready can make it sell faster by attracting buyers. Since you only have one shot at a first impression, it needs to be a good one, and it needs to be enough to entice the buyers to look at the home further. Be sure your agent practices or employs a professional photographer and be sure your home is ready to be photographed.   Here at the Ryan Realty Group, we pride ourselves on our extensive marketing abilities. We have a professional photographer and videographer on staff who handles every home with care and is sure to show off every home's character. We will come and view your home, make any suggestions that will help increase your home value and give you any pointers we feel necessary to help make your home more susceptive to photographs. In some cases, we may even bring in a home stager to really hone in on your home's unique characteristics.   With that being said-Leave the dirty work to us!    All you will have left to do is a few cosmetic uplifts, most of which you probably already do on the daily!   Here are some tips that we ask our clients to do before shooting a home:   Clean your entire home Get rid of any unnecessary nicknacks and clutter  Replace any burnt-out lightbulbs Clean all your windows and open your blinds for ultimate lighting Be sure your kitchen is sparkling clean, all the dishes are cleaned and de-clutter your counters as best as you can Clean your bathrooms Tidy your throws on your couches and bed Make a plan for your pets. It helps the photographers as they won't have to be working around them Move your cars out of the driveway and de-clutter the exterior of your home (Ex. put your garbage bins in the garage) Refresh your landscaping. Mow your lawn, tidy your garden beds, organize your patio furniture.   You want to show off the best version of your home. Make your home inviting, just as if you were hosting a large gathering. ### [April 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/april-2020-housing-market-update)     There were 366 active listings and over $28.85 million in sales volume in Sarnia-Lambton.  We had 85 sold listings and the average sale price was $351,900. Homes stayed on the market for 28 days on average before selling. The average sale price was 7.3% higher in April 2020 than in April 2019.   There were 15 homes sold in the 199K and under price range, 49 homes sold in the 200-399K price range, 13 homes sold in the 400-599K price range, and 7 homes sold in the 600K and above price range. 57.6% of sales took place in the $200,000-$400,000 price range.   ✅ Point Edward saw 1 home sold, having a sale price of $290,900 thousand dollars, and there are 3 active listings. ✅ The College Park area of Sarnia had no homes sold, and there is 1 active listing. ✅ The Sherwood Village area saw 3 homes sold, having an average sale price of $290,000 dollars and there are 3 active listings. ✅ Heritage park had no homes sold and there are 8 active listings. ✅ Coronation Park and the Tree Street area of Sarnia had 5 homes sold, having an average sale price of $256,900 dollars and there are 2 active listings. ✅ Cardiff Acres had no homes sold, and there are 2 active listings. ✅ Guthrie Park had 2 homes sold, having an average sale price of $230,088 dollars and there are 2 active listings. ✅ High Park saw 2 homes sold, having an average sale price of $307,450 dollars and there are no active listings. ✅ Sarnia’s Northgate Area saw 6 homes sold, having an average sale price of $241,566 dollars and there are 7 active listings. ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of $178,000 dollars and there are 3 active listings. ✅ Mitton Village saw 2 homes sold, having an average sale price of $278,000 thousand dollars and there are 3 active listings. ✅ The Sarnia South area saw 7 homes sold, having an average sale price of $233,985 dollars and there are 5 active listings. ✅ The Rapids Parkways area saw 2 homes sold, having an average sale price of $609,950 thousand dollars and there are 14 active listings (including the new homes to be built.) ✅ The Twin Lakes area had 2 homes sold, having a sale price of $777,500 thousand dollars and there are 5 active listings. ✅ The Wiltshire Park had 4 homes sold, having an average sale price of $373,050 thousand dollars and there are 4 active listings. ✅ The Woodland & Oak Acres area had 3 homes sold, having an average sale price of $337,719 dollars and there are 5 active listings. ✅ The Woodrow Beach, Wees Beach & Oakwood Corners area had no homes sold, and there are 13 active listings. ✅ The Blackwell area of Sarnia saw 2 homes sold, having an average sale price of $1,012,450 thousand dollars and there are 6 active listings. ✅ Bright’s Grove saw 2 homes sold, having an average sale price of $464,450 thousand and there are 16 active listings. ✅ Plympton-Wyoming saw 8 homes sold, having a sale price of $472,725 thousand dollars and there are 30 active listings. ✅ St. Clair Township saw 6 homes sold, having an average sale price of $346,250   thousand dollars and there are 27 active listings.     ### [Buyer Feedback and Why it's Important](https://www.sarniaproperty.com/blog_read/buyer-feedback-and-why-its-important)     I cannot stress enough- choosing the right agent in Sarnia-Lambton is one of the most important steps of selling your home. Here at the Ryan Realty Group, we’re going to talk about one important step, where many selling agents seem to drop the ball. A small step that can have a major impact: BUYER FEEDBACK!   Feedback expands both your understanding and your selling agent's understanding of the overall perception of the property. You really want to know what people liked most & least about the home, its price, and factors that would make people want to make an offer or decline.   Do you know what people are saying about your home? If there is something wrong with your home that you can change to make it more attractive, it would be helpful to know! Whether it be furniture, paint colour, etc.   The Ryan Realty Group ensures all feedback is acknowledged, discussed, and if needed, acted upon. We text, call, or email all of the buyer agents that step through our listings. A lot of times the seller agent will speak with buyer agents to set up showings but will never talk to them again unless they make an offer.   However, we believe buyer feedback is of uttermost importance. Every time an agent brings a potential buyer through your home, your selling agent should be contacting them. Asking them about the showing, what their clients thought of the home, things they liked, things they didn’t.    Fixing these smaller issues will get your home sold faster and for more money. When choosing your agent, be sure they have a strong communication plan in place to speak with buyer agents to help sell your home for top dollar! ### [4 Home Buying Mistakes to Avoid in 2020](https://www.sarniaproperty.com/blog_read/4-home-buying-mistakes-to-avoid-in-2020) 4 Home Buying Mistakes to Avoid in 2020       Mistake #1 - Procrastinate until things normalize.   If you need to buy a home this year, you need to be on the ball right now. Why? Because once things normalize, there may be record numbers of sales, which means a lot more competition for buyers. Competition for buyers means there are a lot of other people who are hungry to buy a new home, and when the quantity of buyers increases, your chances of getting the property decreases. If you hope to move this year, stop procrastinating; speak over video chat with a realtor and a financial lender, get pre-approved and get your plan in motion. Do this, and you’ll already be ahead of the competition.   Mistake #2 - Scrapping your plan to move this year.   A lot of people feel like the whole year is a write-off. Not only is this untrue, but it is a terrible mentality. The truth is, you don’t need to change your plan to move this year. What you do need is to take a proactive approach, as mentioned above. Start looking for your new home now, and if you happen to get what you want this year, then that’s a win for you. With interest rates being so low right now and the lack of competition, this is actually not a bad time to buy.   Mistake #3 - Avoiding a Home Inspection   If you’re not procrastinating and really want to jump into buying a new home and take advantage of the interest rates and the lack of competition, make sure you aren’t too hasty by foregoing a home inspection. I say this over and over to my clients because you really do need a home inspection to help protect yourself. Home inspections help prevent unpleasant surprises for buyers. They identify issues and provide solutions to problems. If they find issues and you still are interested in the home, you may be able to negotiate a lower price for the home.   Mistake #4 - Failing to Budget.   When you budget, you look at how much income is coming in versus the amount going toward expenses. Failure to budget properly is often the result of a lack of goals, unrealistic plans, detrimental spending styles, conflicts with your lifestyle, and the ease of spending with cards or online. Homebuyers should take a detailed look at their living expenses and see what effect adding a new home into the mix would have on their budget. Getting pre-approved for a mortgage is a great way to figure out what you can afford. Even so, people often try to buy the highest-priced home their budget will allow. Buying a less expensive home might allow you to save more money every month, or have more financial freedom. ### [Common Seller Mistakes That Can Cost Thousands](https://www.sarniaproperty.com/blog_read/common-seller-mistakes-that-can-cost-thousands) Selling your home in Sarnia-Lambton comes with so many uncertainties. How much should I list my home for? When is the best time to list my home?    Here at The Ryan Realty Group, we pride ourselves in our professionalism and are here to guide you all the way through. We are experts in the Sarnia-Lambton Real Estate Market and want to help make the process as easy for you as possible.   Today we are going to discuss one of the biggest uncertainties we see so many sellers struggle with. Many sellers make a big mistake when it comes to their first offer. A mistake that can cost them thousands.   Oftentimes, after listing your home, the first offer is the best offer you will receive. A common mistake we see time and time again is the seller ignoring this offer. “If we got this offer so quickly, what will happen if we wait it out?”    Commonly, this can be a huge mistake- Don’t overlook the first offer. The first offer normally comes from buyers with a higher motivation. They were quick to jump on the home and eagerly want it. We’ve seen it many times where after the seller has ignored the first offer, they never even end up getting a second!   The Ryan Realty Group will help you analyze the first offer. We will give you our professional opinion on the offer and help you make a decision on whether or not we trust a more suitable offer will come along.    Looking to sell your home? Give us a call today 519-331-3746 ### [May 2020 Housing Market Update (Sarnia-Lambton)](https://www.sarniaproperty.com/blog_read/may-2020-housing-market-update)           There were 365 active listings and over $41 million in sales volume in Sarnia-Lambton.  We had 121 sold listings and the average sale price was $347,000. Homes stayed on the market for 26 days on average before selling. The average sale price was 2.4% higher in May 2020 than in May 2019.   There were 22 homes sold in the 199K and under price range, 63 homes sold in the 200-399K price range, 23 homes sold in the 400-599K price range, and 11 homes sold in the 600K and above price range. 51% of sales took place in the $200,000-$400,000 price range.   ✅ Point Edward had 6 home sold, having an average sale price of $341.5 thousand dollars, and there is 1 active listing. ✅ The College Park area of Sarnia had 1 home sold, and there are no active listings. ✅ The Sherwood Village area saw 2 homes sold, having an average sale price of $420 thousand dollars and there is 1 active listing. ✅ Heritage Park had no homes sold and there are 12 active listings. ✅ Coronation Park and the Tree Street area of Sarnia had 12 homes sold, having an average sale price of $267,100 dollars and there are 3 active listings. ✅ Cardiff Acres had 3 homes sold, having an average sale price of $281.6 thousand and there is 1 active listing. ✅ Guthrie Park had 2 homes sold, having an average sale price of $270 thousand dollars and there are 3 active listings. ✅ High Park saw no homes sold, and there are no active listings. ✅ Sarnia’s Northgate Area saw 6 homes sold, having an average sale price of $257 thousand dollars and there are 11 active listings. ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of $178,000 dollars and there are 6 active listings. ✅ Mitton Village saw 10 homes sold, having a sale price of $214 thousand dollars and there are 3 active listings. ✅ The Sarnia South area saw 7 homes sold, having an average sale price of $180 thousand dollars and there are 2 active listings. ✅ The Rapids Parkways area saw 2 homes sold, having an average sale price of $519 thousand dollars and there are 16 active listings (including the new homes to be built.) ✅ The Twin Lakes area had 1 home sold, having a sale price of $620.8 thousand dollars and there are 8 active listings. ✅ The Wiltshire Park had 4 homes sold, having an average sale price of $403 thousand dollars and there are 2 active listings. ✅ The Woodland & Oak Acres area had 2 homes sold, having an average sale price of $432 thousand dollars and there are 5 active listings. ✅ The Woodrow Beach, Wees Beach & Oakwood Corners area had 9 homes sold, having an average sale price of $390 thousand, and there are 13 active listings. ✅ The Blackwell area of Sarnia saw 1 home sold, having a sale price of $935 thousand dollars and there are 10 active listings. ✅ Bright’s Grove saw 4 homes sold, having an average sale price of $491 thousand and there are 15 active listings. ✅ Plympton-Wyoming saw 8 homes sold, having a sale price of $575.4 thousand dollars and there are 31 active listings. ✅ St. Clair Township saw 14 homes sold, having an average sale price of $434 thousand dollars and there are 19 active listings.     ### [5 Tips for Staging Your Sarnia-Lambton Outdoor Living Space](https://www.sarniaproperty.com/blog_read/5-tips-for-staging-your-sarnia-lambton-outdoor-living-space) 5 Tips for Staging Your Sarnia-Lambton Outdoor Living Space     It takes skill and knowledge to sell your home and achieve the best outcome. One thing that is crystal clear when selling a home is that staging has a big impact. Compared to homes without staging, staged homes sit on the market for 80% less time. Anyone who has sold a home before knows time is extremely important for sellers.   When we think of staging people usually think of interior staging. But the effect of outdoor staging can't be understated in that you add curb appeal. Whether gardening, BBQing, playing with the dog on the lawn, or having a campfire, Sarnia-Lambtonians (Lambtonites? Lambtoners?) love spending time in their yards. With that being said, here are 5 Tips for Staging Your Sarnia-Lambton Outdoor Living Space.    1) Show You Have Taken Care of the Property       Dirt & matter buildup on your siding, junk hiding behind your shed, stained hardscapes, and cracked walkways telegraph the idea that you haven't been taking care of your property. A buyer's first thought is either "gross" or "I wonder what else they've neglected?" The solution is a nice fixing blitz. Replace torn window screens, repaint the frames if they're peeling, and whip out the ole powerwasher (which is actually a lot of fun and very satisfying) and make your hardscapes, faded deck or fence revitalized. You know what, just go for a walk around your house and put everything that is unpleasing on a to-do list.   2) Get Ahead With Landscaping       Foresight can make landscaping easier. If you're looking to sell in 6 months, try taking landscaping action now. Get rid of withering, overgrown & dead shrubs, plants & trees. Imagine you're a buyer seeing your property for the first time. Would the property wow you, or the grass seem healthy and vibrant? Make sure to take the time to fertilize, mow, and water your lawn regularly. If you have a dog that digs, you'll need to be extra vigilant to fill holes, re-sod, and seed bare areas. Mow regularly in weeks leading up to your listing (if you're in the growing season.)   3) Plant Flowers       Flowers bring vibrant colour and scent to your property. Flower beds require regular maintenance and balance while bringing an unmatched visual appeal. Your flowers should make good use of the garden space. If they are near overgrown shrubs, be sure to prune the shrubs down so they add to and don't detract from the flowers. Clear out unsightly sticks and plastic that sometimes builds up in gardens. Good flowers colours are red and yellow, as they really catch the eye of buyers.   4) Add a Thoughtful Human Touch       The purpose of staging is to help buyers picture themselves living in the home. This is true for outdoor spaces as well. Adding some homey touches like a welcome mat, or outdoor chairs, tables, a summary wreath on the door, or a grill can warm up the yard and make it more welcoming.   5) Remove Needless Clutter       Organized homes inside and out are more attractive to buyers, while junk-filled disorganized yard makes people think "NOPE!" before they even see the interior. If you've got pool toys strewn about the yard, objects on the lawn killing the grass, and ugly old ornaments that were never even cool back in the day, just put them away, give them away or toss them. Give your yard some thoughtful human touch while you remove or replace junk. Get started early and keep your yard and exterior in good shape well in advance so you enjoy it in the time being and when it comes time to sell, your home will be maximally attractive to buyers. ### [12 Summer Projects To Increase Your Home Value](https://www.sarniaproperty.com/blog_read/12-summer-projects-to-increase-your-home-value)         With the arrival of summer, it's a great time to find areas where you can maximize value in your home. Whether making repairs or improvements, you can make your property all the more appealing.   Here are 12 Summer Projects to Increase Your Home's Value.   1. Declutter Your Home     Decluttering comes down to donating or disposing of stuff you don’t need and organizing stuff you do. If you want help from a pro, check out Marie Kondo, an organizing professional who wrote The Life-Changing Magic of Tidying Up and the host of Tidying Up With Marie Kondo. Check out Hilary's video on How to Declutter Your Home: https://www.youtube.com/watch?v=JViveSd-c3I&t    2. Maximize Closet Space     You can never have too much storage space. Go ahead and take advantage of overhead space by adding shelves, small organizers or installing a sturdy hanging bar in your closet. And if your doors are outdated, you might want to consider a nice modern update.   3. Install new door handles     Oldschool door handles from the 90s can be pretty lame looking. Install some new doorknobs, handles, pulls and knobs made of polished nickel and bronze to give your home a thoughtful stylish look.   4. Install some smart tech     Wowing homebuyers with practical and futuristic smart home technology can be easy. With devices like the Philips Hue Starter Kit, you can pair your home’s lights with Amazon’s Alexa, Siri or Google Home. There are tons of smart tech options available and nearly two-thirds of homebuyers would pay a premium for homes equipped with smart tech.   5. Repaint the interior     Few things liven up a home like a good paint job. Neutral tones make the spaces feel newer, brighter, and bigger while making imperfections less visible. Get paint on and watch the space in your home feel brand new!   6. Repair and refresh any walkways     Fixing up chips, cracks or loose bricks in your hardscapes can do wonders for your outdoor areas. Even just getting rid of weeds can beautify it significantly. Check out our last video for 5 Tips for Staging Your Sarnia-Lambton Outdoor Living Space, https://www.youtube.com/watch?v=tSIRciuKNNU   7. Lighten up your yard     Adding string lights to your gazebo, deck or patio or solar lights to your walkways can make a big difference. Lights add style and make the property more inviting. Summer nights in the backyard with a beautifully lit atmosphere can be a big draw to buyers.   8. Paint your exterior       The look of your home can radically change for the better when you paint it, especially if you have stained, unsightly or dirty siding that a good power washing can’t seem to fix. We just rolled into summer, meaning right now is the best time to paint, as paint needs to cure at above 15 degrees Celsius.   9. Get a new roof     Set buyers at ease by getting a new roof installed. When buyers see a beat-up roof, they experience the uncertainty of not knowing how long they will have before the roof needs to be replaced. Having a big bill to replace the roof shortly after buying isn’t ideal in most people’s minds.   10. Build/refresh your deck     Outdoor living spaces like a deck can open up a world of possibilities to your home. Simple deck designs are preferable to buyers. And you’ll be pretty happy to know you’ll likely get 80% of its costs to your resale value. Add a metal gazebo with some lights and a fire table and you’ll have a cozy spot to enjoy year-round.   11. Update the bathroom     Kitchen and bathroom renos are pretty reliable in their payoff. Installing a nice backsplash and adding new quartz, granite, marble or stainless steel countertops make a huge difference. Removing bulky vanities, replacing your shower head and tub faucet, adding a low-flush toilet and installing new tiles will all give a great impression to buyers.   12. Update the kitchen     The majority of visual space in the kitchen is taken up by cabinetry, and thus, nicely updated cabinets can transform the space. If replacing the entirety of the cabinet is out of your budget, try giving them a good paint job. ### [How Long Should You Live In Your Home Before You Sell It?](https://www.sarniaproperty.com/blog_read/how-long-should-you-live-in-your-home-before-you-sell-it) A lot of people wonder how long they should live in their home before they sell it. Here are 5 things you should consider before you sell.     1. Consider Your Mortgage When you first bought your home, you paid mostly interest, not the principal. If you’ve been at the house for less than 5 years, you probably won’t make much money selling, though if you’ve made a larger down payment you’ll likely earn more when selling.   2. Consider the Equity in Your Home If you’ve done renovations to the bathroom, kitchen, floor, or made any significant improvements on the property, or paid a lot of the principal, then you should have a decent amount of equity, which you want when you sell.   3. Market Conditions You need to know what homes in your area are doing, and their stats so you can make the best decision. That’s why we offer free comparative market analysis, or CMAs to determine what homes are selling for in your local area. Want your free home evaluation? Click here: sarniaproperty.com/free-home-evaluation   4. Your Need for Space If your family is growing due to marriage, kids, or pets, space might be becoming a little tight, and you may want to exit your current home faster. Conversely, divorce or illness/death may have you needing less space. Take time to consider the amount of space you want and need in your new home.   5. Closing Costs When buying or selling, you’ll be paying closing costs to your real estate agent, so you’ll need to keep these in mind and have enough money budgeted.   With these 5 considerations, you’ll be closer to knowing whether it’s time to sell now or later. ### [June 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/june-2020-hmu)   There were 423 active listings in June, and 197 sold totaling just above $74 million in sales volume, the average sale price was around $385 thousand, vs $327.5 thousand in June 2019, which is a 17.5% increase. 52% of those sold were in the $200,000 to $400,000 price range.   There were 38 more homes on the market in June 2020 than June 2019, and the number of sales decreased by 17.   🏡 Point Edward had 1 home sold, having a sale price of just under $310 thousand ($309.95) thousand dollars, and there is 1 active listing. 🏡 College Park had 1 home sold, having a sale price of $479,900 and there’s 1 active listing. 🏡 Sherwood Village saw 2 homes sold, having an average sale price of $345 thousand dollars and there are 5 active listings. 🏡 Heritage Park had no homes sold and there are 13 active listings. 🏡 Coronation Park and the Tree Streets had 12 homes sold, having an average sale price of $290.6 dollars and there are 2 active listings. 🏡 Cardiff Acres had 7 homes sold, having an average sale price of $238 thousand and there are no active listings. 🏡 Guthrie Park had 4 homes sold, having an average sale price of $346 thousand dollars and there are 4 active listings. 🏡 High Park saw 3 homes sold, having an average sale price of $253.5 thousand dollars and there are 2 active listings. 🏡 Northgate saw 8 homes sold, having an average sale price of $374 ($373,960) thousand dollars and there are 10 active listings. 🏡 Downtown Sarnia, including condos, saw 8 properties sold, having an average sale price of $359 thousand dollars and there are 4 active listings. 🏡 Mitton Village saw 4 homes sold, having a sale price of $247.6 thousand dollars and there are 4 active listings. 🏡 Sarnia South saw 7 homes sold, having an average sale price of $211 thousand dollars and there are 6 active listings. 🏡 The Rapids Parkways saw 10 homes sold, having an average sale price of $639.5 thousand dollars and there are 15 active listings (including the new homes to be built.) 🏡 Twin Lakes had 8 home sold, having a sale price of $653 thousand dollars and there are 8 active listings. 🏡 Wiltshire Park had 6 homes sold, having an average sale price of $361 thousand dollars and there are 5 active listings. 🏡 Woodland Acres & Oak Acres had 10 homes sold, having an average sale price of $375 thousand dollars and there are 6 active listings. 🏡 Woodrow Beach, Wees Beach & Oakwood Corners area had 6 homes sold, having an average sale price of $445 thousand, and there are 17 active listings. 🏡 The Blackwell area of Sarnia saw 2 homes sold, having a sale price of $460 thousand dollars and there are 12 active listings. 🏡 Bright’s Grove saw 10 homes sold, having an average sale price of $393 thousand and there are 15 active listings. 🏡 Plympton-Wyoming saw 14 homes sold, having a sale price of $564 thousand dollars and there are 26 active listings. 🏡 St. Clair Township saw 28 homes sold, having an average sale price of $494 thousand dollars and there are 33 active listings. ### [How to Avoid A Low Appraisal On Your Home in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/how-to-avoid-a-low-appraisal-on-your-home-in-sarnia-lambton)   When selling your home in Sarnia-Lambton there are many things you have to think about as a seller. Receiving a substantial appraisal, shouldn’t have to be one - leave that to us!        Here at The Blue Coast Team, we know the importance of avoiding a low appraisal. We want the least amount of problems with your home sale and recognize the damage that could occur with a low appraisal- INCLUDING the falling out of your home sale. That is why we go above and beyond to help avoid low appraisals. We’re back today to share our tips on how we respond to the appraisal process.   How it works:   In Sarnia-Lambton once you accept an offer, a buyer’s going to have a contingency period. Within that contingency period, the buyer is going to need to have an appraisal done on your home. The bank is going to request that that appraisal be done as they need to make sure that if a buyer is paying say $1,000,000 for your home, the home’s worth at least a million dollars, if not more. If the property’s worth $900,000 and you’re paying a million, the bank won’t want to loan you a million dollars. The bank is looking out for you and they’re looking out for themselves to make sure that if you’re buying a home, you’re not overpaying for it.   Breaking it down:   Accept an offer on your home An appraiser will reach out to your real estate agent during the contingency period to book a time to come by the home THE DEAL BREAKER: your real estate agent responds   This step is the most important step in the process. Most agents will tell the appraiser to go to the home, that there’s a lockbox on it, and that they will be in touch.   Here at The Blue Coast Team, we recognize that this isn’t enough. Instead, when we get that phone call we will make an appointment to meet the appraiser at the home to escort them in. Before meeting them, we meet with the sellers and compile a list of every single dollar that they have put into the home.   Every single update will be documented and handed to the appraiser at the appointment. We will also handpick the comparable homes in the neighborhood. The homes we used when listing your home, and the homes the buyers we’re seeing as well. This ensures the appraiser is up to date with the same information we had.    If there were competing offers on the home, we would also bring every offer to show that it was a well-desired home. We will meet the appraiser, build a relationship with them, and provide them with as much information as we can.    As you can see by practicing these 4 steps, we are able to avoid a low appraisal. Rather than just allowing the appraiser to enter the home by themselves, maybe with a lack of knowledge of the home, the neighbourhood, and buyer motivation.    That is why here at The Blue Coast Team, we like to go above and beyond in Sarnia-Lambton to ensure your home sale is smooth sailing.   If you’re thinking about making a move and you want a team to back you up and ensure your appraisal comes in where it needs to, give us a call: 519-331-3746. ### [How Our Team Can Help You Sell Your Home](https://www.sarniaproperty.com/blog_read/how-our-team-can-help-you-sell-your-home) Have you ever had a home on the market that didn’t sell? Perhaps your contract expired or you ended it. Whatever the reason, the property just didn’t get sold.   We want to be your team and we want to get the job done right this time. To do so, let’s look at how our team can help sell your home.      First, we honestly price your home. Realtors should always strive to get you the most amount of money the market is willing to bear when selling your home. Too often though, realtors inflate the price they tell you your home can list for, just so you’ll sign a listing agreement, knowing the number is way too high and that it would need to be reduced.   What’s different about us?   We use real numbers; what we will do is review all the comps in your area and come up with the best and most fitting pricing strategy. We aim to set realistic expectations right off the bat and achieve the best results for you at the same time.     Secondly, we make sure your home is set in the best possible light. We’ll make use of cleaners, painters, handymen, and stagers when needed to make it as appealing as possible. Every home is different, and we’ll gauge what your home needs to look best.   And thirdly, our marketing guy will come and take professional photo/video when your home looks it's best, which we’ll use on social media to reach thousands of people in Sarnia-Lambton.   Fourthly, we’re always generating leads in our database of people looking to buy in Sarnia-Lambton to find even more buyers.   When you hire The Ryan Realty Group, you’re hiring a network of professionals who work hard to help your home reach its full potential in the eyes of buyers.   If you need a real estate team who can get the job done, give us a call today and remember to Put Sean On Your Lawn! ### [How to Juggle Buying and Selling a Home at the Same Time in Sarnia-Lambton ](https://www.sarniaproperty.com/blog_read/how-to-juggle-buying-and-selling-a-home-at-the-same-time-in-sarnia-lambton)   Are you looking to upgrade your home? Maybe you’re looking to take the step up to something more luxurious? Need something a little bigger for the kids? Or maybe you’re looking to downsize? Whatever your reasoning is if you’re facing the task of buying a new home and selling your current one you may be wondering how to make things work. What happens if the transactions aren’t very close together?   Well, YOU’RE IN LUCK.   The Blue Coast Team is back to share tips on how to bridge the gap between buying a new home in Sarnia-Lambton and selling your current one.   The very first tip we tell our clients is to plan ahead. You may need to save up some money for a transition fund. You may find yourself having to juggle two mortgages at once and you need to make sure your costs are covered. We also recommend you meet with a professional to help plan when the best time is to enter the market. Make sure you’re putting your home up for sale at an optimal time to ensure you’re getting the most out of your investment.   Next, we recommend updating your home and getting ready to stage it. You want your home to be “Sale Ready”. This may include adding a fresh coat of paint to your home or updating your curb appeal. Having this ready ahead of time can help ease stress during the process.   If you purchase a home but your home is idling on the market for months- you can always rent it out on a short-term basis.    Most importantly do not fret. You can always lean on your bank for transitional funding until your home is sold. Bridge loans are quite common and are helpful to ease the process of buying and selling. If this is the route you plan to take, be sure to plan ahead and speak with the bank before you begin the process to ensure they have the time to prepare everything.   Are you thinking about selling your current home in Sarnia-Lambton and purchasing a new one? Call us today and let’s get started at 519-331-3746. ### [July 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/july-2020-housing-market-update)       There were 375 active listings in July, and 205 sold totaling just above $81.6 million in sales volume, compared to July 2019 where we had 181 sold and 59 million in sales volume. With around 25 days to sell vs 28 days to sell in July 2019, the average sale price was around $398 thousand, vs $340 thousand in July 2019, which is a 17% increase. 51% of those sold were in the $200,000 to $400,000 price range. There were 51 fewer homes on the market in June 2020* than June 2019*, and the number of sales increased by 24*.   ✅ Point Edward had 1 home sold for just under 320 thousand dollars and there are 2 active listings. ✅ College Park had 1 home sold for just under 500 thousand dollars, and there are 2 active listings. ✅ Sherwood Village saw 7 homes sold, having an average sale price of $408 thousand dollars and there are 2 active listings. ✅ Heritage Park had 5 homes sold, having an average sale price of $493 thousand dollars and there are 11 active listings. ✅ Coronation Park and the Tree Streets had 5 homes sold, having an average sale price of $304 thousand dollars and there are 3 active listings. ✅ Cardiff Acres had 5 homes sold, having an average sale price of just above $222 thousand and there are no active listings. ✅ Guthrie Park had 5 homes sold, having an average sale price of $316 thousand dollars and there are 2 active listings. ✅ High Park saw 3 homes sold, having an average sale price of $273 thousand dollars and there is 1 active listing. ✅ Northgate saw 14 homes sold, having an average sale price of $296 thousand dollars and there are 11 active listings. ✅ Downtown Sarnia, including condos, saw 3 properties sold, having an average sale price of $255 thousand dollars and there are 5 active listings. ✅ Mitton Village saw 9 homes sold, having a sale price of $234 thousand dollars and there is 1 active listing. ✅ Sarnia South saw 8 homes sold, having an average sale price of $215 thousand dollars and there are 7 active listings. ✅ The Rapids Parkways saw 12 homes sold, having an average sale price of $578 thousand dollars and there are 8 active listings - including new homes to be built. ✅ Twin Lakes had 6 home sold, having a sale price of $624 thousand dollars and there are 4 active listings. ✅ Wiltshire Park had 10 homes sold, having an average sale price of $378 thousand dollars and there are 5 active listings. ✅ Woodland Acres & Oak Acres had 9 homes sold, having an average sale price of $400 thousand dollars and there are 5 active listings. ✅ Woodrow Beach, Wees Beach & Oakwood Corners area had 7 homes sold, having an average sale price of $689 thousand, and there are 17 active listings. ✅ Blackwell saw 4 homes sold, having a sale price of $971 thousand dollars and there are 12 active listings. ✅ Bright’s Grove saw 6 homes sold, having an average sale price of $538 thousand and there are 13 active listings. ✅ Plympton-Wyoming saw 11 homes sold, having a sale price of $722 thousand dollars and there are 34 active listings. ✅ St. Clair Township saw 25 homes sold, having an average sale price of $410 thousand dollars and there are 21 active listings. ### [5 Home Staging Tips for Under $100](https://www.sarniaproperty.com/blog_read/5-home-staging-tips-for-under-100)   Selling your home in Sarnia-Lambton takes time and creativity. The Ryan Realty Group is back to give you tips about an important feature of selling your home- STAGING! The perfect way to enhance your home for photos, open houses and showings. Staging is an important strategy for getting homes off the market quicker and for a higher price. You can higher a professional stager to stage certain rooms in your home or your entire home. However, this can get pricey.   Here are 5 tips on how to stage your home and help it move off the market for under $100.00! 1. ENTRANCE This is the first thing your buyers see when they come to your home. From the time they step out of their car, potential buyers are analyzing every aspect of the home. Ensure your curb appeal is nice and welcoming. The easiest way to warm your welcome is by adding a welcome mat at your door! Add some personality, make their first impression a good one by literally welcoming them!                                                                             2. SET THE TABLE It sounds so simple but is so often easily overlooked. When potential buyers walk through your home they are envisioning themselves in it. They're picturing their family there, their kids running around and you guessed it- their family dinners. They think to themselves- What would Christmas dinner look like here? What would Sunday morning breakfast be like? ...YOU can show them! Have the table set, show them what dinners can like in the home!                                                                            3. GET RID OF THE KNICKNACKS You want your home to look welcoming but you don't want it to look cluttered. Try and remove your personal items. The potential buyer is trying to picture themselves living in your home and the constant personal reminders don't help. A few family photos is fine but if you're a collector of sorts, it may be best to pack some of it away for the time being. This also makes it easier for you when you move- fewer boxes to pack!                                                                                4. DECORATE ...and I'm not talking about balloons and streamers! I'm talking about PLANTS, THROW PILLOWS, THROW BLANKETS, MIRRORS AND LIGHTING! -Here's why: House plants help to remove stress and improve someone's mood. They can also help purify the air and create a sense of purpose for the room. They're a real eye-catcher too! They can help attract buyers and provide a "colour pop" to your space! Throw pillows and blankets can also add some colour to your space. They can also be used to modernize your furniture and help make your house feel more like a home to potential buyers. You may have noticed, they're in about every interior design magazine... it's because they can really help to tie a room together! It gives them that cozy home feeling... So why not use them in your space?! Mirrors are known to open up a space and create an illusion that your rooms are more spacious then they are. You're also trying to get a potential buyer to see themself living in your home, so what better way to do that than to LITERALLY have them see themselves?!  Last but not least- the easiest piece to decorating! Turn all your lights on, including your lamps! If do already have any lamps and you aren't wanting to buy them- don't worry! Simply open all the blinds to allow as much natural light as possible! You want your home to radiate with light... it helps make the home feel happier!                                                                                5. BATHROOMS!! Last but not least- Don't forget the bathrooms! First of all, make sure they're squeaky clean! Secondly- go the extra mile. Role up a crisp white towel, have a little basket for bath towels... make it welcoming- seeing a theme yet?  The best way to think of it is by thinking of a hotel. That feeling you get when you walk into a hotel bathroom with all the little details. You want to recreate this feeling for your potential buyers!                                                                                There you have it! 5 tips you can incorporate for under $100! Looking to sell your Sarnia-Lambton home? Contact the Ryan Realty Group today to make sure your home is looking it's best to sell quickly and for its highest value! 519-331-3746. ### [What to Expect When Making an Offer](https://www.sarniaproperty.com/blog_read/what-to-expect-when-making-an-offer) Imagine seeing a home and it’s love at first sight. It feels like the home was made specifically for you and your family. You’re excited and tell your Realtor you want to make an offer. So, what happens next?   Making an offer on a home always feels daunting, even for experienced buyers. There’s always a ton of paperwork and jargon that you might not understand. As Realtors, our team will help make sense of it all and walk you through every step.   So, here is what you can expect when making an offer.         1. Determine Fair Market Value First, as your Realtor, I’ll need to determine what the fair market value of the home is, and use this as a guide for how we set the offer price. And I will help to protect your interests by guiding you on clauses and conditions you may want to include in your offer.   2. Agreement of Purchase and Sale Second, I’m going to be doing a ton of paperwork throughout working with you. When making an offer, the bulk of the paperwork is the Agreement of Purchase and Sale, which is the official offer to the Seller.   3. Offer Presentation Third, I’m going to make an offer presentation. The Buyer’s Realtor and Seller’s Realtor meet and the Buyer’s realtor presents the offer showing the numbers, clauses, and conditions. This will usually be in person, but email or video chat is fine too. The buyer and sellers should try and be available over the phone, text, or email if things move fast.   4. The Irrevocable Period Fourth, we’ll be in what's called the irrevocable period, where the submitted offer has a limited time where it’s valid. The Sellers will be considering whether or not to accept your offer during this time, which could range from several days to a few hours in a hot market. And if the irrevocable period expires, your commitment to buying does too.   5. Negotiation Fifth, I’ll be negotiating with your best interests as my focus. Three things can happen after you make an offer: Your offer, including the terms, conditions, and price can be accepted, or they can be countered, which means negotiations may continue, or it can be rejected immediately, which often happens with low-ball offers.   6. Deposit & Fulfilment of Conditions Sixth, if your offer is accepted, you’ll have to provide the listing brokerage with a deposit within 24 hours. You’ll need to fulfill any conditions, such as financing, status certificate review, or inspection on time. If there aren’t any conditions, the offer is now solid and your lawyer will help you close the purchase and protect you while doing so.   Buying a home is always exciting and we’re here to help you every step of the way. ### [August 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/august-2020-housing-market-update)       There were 356 active listings in August, and 196 sold totalling just above $83 million in sales volume, compared to August 2019 where we had 416 sold and 50 point six million in sales volume.   With around 29 days to sell vs 27 days to sell in August 2019, the average sale price was around $429 thousand, vs $335 thousand in August 2019, which is a 28% increase.   51% of those sold were in the $200,000 to $400,000 price range.   There were 20 fewer homes on the market in August 2020 than July 2020, and the number of sales decreased by 9.   ✅ Point Edward had 4 homes sold for just under 319,000 and there is 1 active listing.   ✅ College Park had 4 homes sold, having an average sale price of just under $491,000, and there is 1 active listing.   ✅ Sherwood Village saw 7 homes sold, having an average sale price of $360,000 and there is 1 active listing.   ✅ Heritage Park had 5 homes sold, having an average sale price of just above $503,000 and there are 9 active listings.   ✅ Coronation Park and the Tree Streets had 6 homes sold, having an average sale price of $279,000 and there are 2 active listings.   ✅ Cardiff Acres had 3 homes sold, having an average sale price of just under $217,000 and there are 0 active listings.   ✅ Guthrie Park had 5 homes sold, having an average sale price of $316,000 and there are 3 active listings.   ✅ High Park saw 2 homes sold, having an average sale price of $288,000 and there are 0 active listings.   ✅ Sarnia’s Northgate Area saw 10 homes sold, having an average sale price of $276,000 and there are 4 active listings.   ✅ Downtown Sarnia, including condos, saw 7 properties sold, having an average sale price of $266,000 and there are 12 active listings.   ✅ Mitton Village saw 1 home sold, having a sale price of $235,000 and there are 2 active listings.   ✅ South Sarnia saw 11 homes sold, having an average sale price of $236,000 and there are 4 active listings.   ✅ The Rapids Parkway saw 5 homes sold, having an average sale price of $520,000 and there are 7 active listings - including new homes to be built.   ✅ Twin Lakes had 6 home sold, having a sale price of $609,000 and there are 7 active listings.   ✅ Wiltshire Park had 7 homes sold, having an average sale price of just above $378,000 and there are 3 active listings.   ✅ Woodland Park & Oak Acres had 11 homes sold, having an average sale price of $394,000 and there is 1 active listing.   ✅ Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 15 homes sold, having an average sale price of $436,000, and there are 10 active listings.   ✅ Blackwell saw 3 homes sold, having a sale price of $1.32 million dollars and there are 8 active listings.   ✅ Bright’s Grove saw 11 homes sold, having an average sale price of $549,000 and there are 10 active listings.   ✅ Plympton-Wyoming saw 15 homes sold, having a sale price of $606,000 and there are 30 active listings.   ✅ St. Clair Township saw 15 homes sold, having an average sale price of $606,000 and there are 17 active listings.   ### [4 Reasons to Sell Your Home This Fall](https://www.sarniaproperty.com/blog_read/4-reasons-to-sell-your-home-this-fall) Summer is done and fall is here, and all the great things that come with it. Are you thinking about selling your home this fall? Or are you wondering if the fall is actually a good time to sell? Well, we’ve got some great news for you. Check out our video to learn 4 Reasons Fall is a Great Time to Sell.     --------------------   Selling your Sarnia area Home? Get a free home price evaluation   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton    --------------------   The end of the summer selling season doesn’t mean it's a bad time to sell. Quite the opposite, actually. Here are four reasons why:   High Demand. Real estate sales in Sarnia-Lambton have been bananas this year. Spending so much time inside, and pent up demand from the winter and spring made people realize how important home really is. Right now, the demand for homes is extremely high and will very likely keep up until the year’s end.   Lack of competition. Inventory typically decreases in the fall as families with children become less likely to list their home. Less competition provides you with a great opportunity to take advantage of as a seller.   Get it all done faster. Without being bombarded by endless summer deals, things simply happen faster at every level in the mortgage process. Without all the stacks of paperwork they had in the summertime, mortgage companies are even more laser-focused, quick, and very efficient than usual. It’s a great time to get a loan and close quickly.   Cash in on your equity. If you’ve owned your home for 5 years or more, you probably have a decent amount of equity built up in it. If you’re looking to upgrade your home, you may want to consider putting this money back into a fancy new home! Interest rates are so incredibly low right now, so this could be the opportunity you’ve been waiting for! ### [6 Home Value Boosters for Sellers (that won't break the bank)](https://www.sarniaproperty.com/blog_read/6-home-value-boosters-for-sellers)   6 Home Value Boosters for Sellers (that won’t break the bank) Are you looking to sell and get top dollar for your home, but worry it has to break the bank? Fear not, here are 6 Home Value Boosters for Sellers that won’t break the bank. ------------- Sellers, listen up. Without a doubt, you want to boost the value of your home, increase its appeal, and meet homebuyers’ biggest complaints and objections head-on before they are even made, all without draining your pre-sale budget. If you put in the sweat equity into these projects, you will definitely be a happy camper when selling. 1. Replace the Flooring Say goodbye to your outdated and worn flooring and say hello to modern, resilient, and durable flooring. You’re basically guaranteed to get a higher return on investment with better flooring. If that’s not in your budget, make sure to deal with carpet stains and part with excessive wearing. 2. Neutral Colour Schemes You may have a personality that likes a ton of bright colours in your home and on your walls, but to appeal to a wide range of buyers, you may want to tone that down. Neutral, rich, and contemporary colour schemes tend to complement decor with ease, and freshly painted walls are what homebuyers want to see. 3. Make Your Front Door Special A warm and inviting front door leaves a good impression on homebuyers. You want to show your home has style and charm, which a bold new front door can help pull off. Or you can put on a nice coat of paint that contrasts and complements the rest of your home. 4. Brighten Things Up Illuminating your home with new lighting fixtures, cleaned or new windows, new doors or even mirrors can brighten your space. Choose a couple of things to upgrade depending on your budget, and watch the light transform your home. 5. Add Storage Space Adding storage space doesn’t need to be hard or expensive. Shelving and wire baskets are easy to install and can be stylish. If you have a budget for it, maybe consider adding a mudroom or a closet in your entryway. Decluttering your home reduces overflow of stuff in your home. Check out Hilary’s video on How to Declutter Your Home for more tips. https://bit.ly/HowToDeclutterYourHome 6. Revitalize Your Curb Appeal The outside of your home is where first impressions happen. Curb appeal matters, and is just as important as interior upgrades. Do some landscaping, trim the unruly shrubbery. Clean, paint, and repair unsightly things as needed. For some more detailed and specific ideas, check out 5 Tips for Staging Your Sarnia-Lambton Outdoor Living Space: https://bit.ly/5-Tips-Outdoor-Staging   If you have questions, we have answers! Don’t hesitate to get in touch. Call us at 519.331.3764 today, and remember to Put Sean On Your Lawn!   Want a free home evaluation? Visit www.sarniaproperty.com/free-home-evaluation   Want to see homes for sale? Visit https://www.sarniaproperty.com/search/results   ### [7 Fall Home Maintenance Tips for Your Home](https://www.sarniaproperty.com/blog_read/7-fall-home-maintenance-tips-for-your-home) The leaves are changing colour and we’re starting to feel a little chill in the air. Fall is here and that means it’s time to prep your home for the changing of the seasons.     --------------------   Selling your Sarnia area Home? Get a free home price evaluation   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton    --------------------   Here are 7 Fall Home Maintenance Tips for Your Home!   1. Landscaping Starting outside, let’s first do some landscaping. Now is the time to fertilize your lawn, and give it a nice seeding. You’ll want to get rid of any dead plants and prune your trees and shrubs too.   2. Gutters Next, you’ll want to keep an eye on your gutters. Keeping them clear prevents them from overflowing and limits trapped moisture that can cause rotting. You’ll want to make sure they are firmly attached as well for when snow eventually comes.   3. Downspouts Outside, you’ll want to make sure your downspouts are clear. Make sure water flows with down the downspouts unobstructed, with the flow taking the water away from the house   4. Chimney While we’re on the topic of the roof, it might be smart to have your chimney inspected. Make sure there is a tight seal to prevent animals from getting in, and you also might consider having your flue tested. If you have a wood-burning fireplace, a professional cleaning might be in order.   5. Windows Next, let’s check on our windows and doors. Prep your home against the coming cold by caulking and weather stripping anywhere that needs it. Repairs loose and damaged window and door frames, and check the seal. And while you're at it, check the screens for any tears.   6. HVAC After that, your HVAC system could use some attention. This may be the time to replace your filter, and if it’s been a while, an inspection and a cleaning of the ducts could make a big difference, especially if you suffer from asthma or allergies.   7. Plumbing Finally, winterize your plumbing. If you have any outdoor pipes, winterize them with insulation to prevent them from bursting. If you ever do have an issue with a burst pipe, you should also note where your shutoff valve is.   If you need help with some of these, we know some professionals in Sarnia-Lambton who can help you out. Give us a call today at (519) 331-3746. ### [September 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/september-2020-housing-market-update)         ✅  Point Edward had 2 homes sold for just under having an average sale price of just under $395 thousand dollars and there are 5 active listings.   ✅  College Park had 1 home sold, having a sale price of just under 499 thousand dollars, and there is 1 active listing.   ✅ Sherwood Village saw 5 homes sold, having an average sale price of $333 thousand dollars and there is 1 active listing.   ✅  Heritage Park had 3 homes sold, having an average sale price of just above $535 thousand dollars and there are 12 active listings.   ✅  Coronation Park and the Tree Streets had 9 homes sold, having an average sale price of $300 thousand dollars and there are 7 active listings.   ✅  Cardiff Acres had 2 homes sold, having an average sale price of just under $290 thousand and there are 2 active listings.   ✅  Guthrie Park had 6 homes sold, having an average sale price of $387 thousand dollars and there are 3 active listings.   ✅  High Park saw 1 home sold, having an average sale price of 330 thousand dollars and there is 1 active listing.   ✅  Northgate saw 7 homes sold, having an average sale price of $293 thousand dollars and there are 6 active listings.   ✅  Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of $251 thousand dollars and there are 8 active listings.   ✅  Mitton Village saw 8 homes sold, having a sale price of $299 thousand dollars and there are no active listings.   ✅  South Sarnia saw 11 homes sold, having an average sale price of $237 thousand dollars and there are 8 active listings.   ✅ The Rapids Pkwy saw 6 homes sold, having an average sale price of $587 thousand dollars and there are 6 active listings - including new homes to be built.   ✅  Twin Lakes had 4 home sold, having a sale price of $570 thousand dollars and there are 10 active listings.   ✅  Wiltshire Park had 8 homes sold, having an average sale price of just above $426 thousand dollars and there are 2 active listings.   ✅  Woodland Park & Oak Acres had 6 homes sold, having an average sale price of $389 thousand dollars and there are 5 active listings.   ✅  Woodrow Beach, Wees Beach & Oakwood Corners combined had 9 homes sold, having an average sale price of $576 thousand, and there are 12 active listings.   ✅  Blackwell saw 4 homes sold, having a sale price of $1 million & 16 thousand dollars and there are 4 active listings. ✅  Bright’s Grove saw 4 homes sold, having an average sale price of $684 thousand and there are 11 active listings.   ✅  Plympton-Wyoming saw 7 homes sold, having a sale price of $778 thousand dollars and there are 32 active listings.   ✅  St. Clair Township saw 19 homes sold, having an average sale price of $420 thousand dollars and there are 12 active listings.     There were 377 active listings in September, and 159 sold totalling just above $64 million in sales volume, compared to September 2019 where we had 157 sold and 52 million in sales volume.   With around 22 days to sell vs 32 days to sell in September 2019, the average sale price was around $409 thousand, vs $334 thousand in September 2019, which is a 22.5% increase.   48% of those sold were in the $200,000 to $400,000 price range.   There were 6 fewer homes on the market in September 2020 than August 2020, and the number of sales decreased by 13.   Looking to upgrade or downgrade your home? ### [Events October 2020 (Sarnia-Lambton)](https://www.sarniaproperty.com/blog_read/events-october-2020-sarnia-lambton)   October 2020 Events Sarnia-Lambton     Thursday, October 22, 2020   Huron House Boys Home Curbside Pastafest Dante Club, Sarnia Pickup time: 4:00 pm - 7:00 pm Cost: $16 Pre-order deadline: Oct. 20     Friday, October 23, 2020   Drive-thu BBQ Beef Dinner Where: 21 James St N, Forest Pickup time: 4:30 pm - 6:30 pm Cost: $20 Ft. BBQ Beef, baked potato, coleslaw, baked beans & homemade apple/cherry pie   Rocking the Runway - Scott Manery & the Barnburners, The Reklaws Where: Chris Hadfield Airport When: 7:00 pm Cost: $35-$45 (www.ticketscene.ca) Facebook event: https://fb.me/e/3vIKumI8T   Saturday, October 24, 2020    Rocking the Runway - Rodney James & The Riot, Big Wreck Where: Chris Hadfield Airport When: 7:00 pm Cost: $35-$45 (www.ticketscene.ca) Facebook event: https://fb.me/e/fo0gtr2I9   ### [The First Step for Home Buyers](https://www.sarniaproperty.com/blog_read/the-first-step-for-home-buyers) I have a question for you; what is the first and most important step in the home buying process? Think about it. I’ll give you a second… okay. If you said finding your ideal home, that’s close, but no cigar. Before you find that beautiful home of your dreams, you first need to get a pre-approval.         So, you may be asking; what is a pre-approval? And why is getting a pre-approval the best way to start? Well, a pre-approval involves meeting with a lender who takes a look at the big picture of your financial situation and all the numbers and info that go along with it. This data allows them to paint a fairly accurate picture of what you can afford.   You’ll need to present the lender with a few things, such as your or passport, proof of income, pay stubs, and show how long you have been employed. You will need to show you are able to make a down payment and pay for closing costs as well. You will also need to list any assets you own, like a cottage, boat or car, and also list any credit cards, lines of credit or loans you currently owe.   Once they have all these things, the lender crunches numbers, determining exactly what you can afford at most. Knowing the range of what you can afford gives you and your financial lender confidence in your ability to repay the mortgage loan, and saves both your time and your realtor’s time by not putting in effort into viewing properties outside your price range.   Sellers know you're serious about buying when you’re pre-approved; you’re not just casually seeing what’s out there without any solid intent. If you decide to make an offer on a property, your offer is so much stronger with a pre-approval. Your chance of a deal going through is simply so much higher.   We work with some great lenders regularly here, so feel free to reach out and we’ll hook you up with some names we trust. Call me at (519) 331-3746.   --------------------   Selling your Sarnia area Home? Get a free home price evaluation   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton ### [8 Common DIY Projects (You May Want to Hire a Professional For)](https://www.sarniaproperty.com/blog_read/8-common-diy-projects-you-may-want-to-hire-a-professional-for) 8 Common DIY Projects (You May Want to Hire a Professional For)   Do-it-yourself home renos can be a fantastic way to save money… IF you know what you’re doing, and unfortunately, most people don’t. If you’re looking to sell and want to renovate your home to increase the value, DIY projects can be great... but when done poorly they don’t do nearly as well as a home that’s been professionally renovated and may simply end up costing you in damage as well as additional fees to fix.      --------------------  Selling your Sarnia area Home? Get a free home price evaluation   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton --------------------    Here are 8 Common DIY Projects You May Want to Hire a Professional For.   1. The RoofHaving professional roofing can be expensive, but so can serious roofing screw-ups. Troublesome, damaging leaks are common in DIY roofing jobs. Unless you’re experienced, you should consider hiring a pro.   2. The DeckIf built poorly, a deck can collapse and be a health hazard. Pros know how to properly evaluate the land you’d like to build on and can save you a lot of headache.   3. Converting Indoor/Outdoor Space If you want to convert your space into a functional extra room on your own, be cautious. Converting space takes a ton of work typically, and often leads to spaces that look sloppy and amateur, because they often don’t get completed and lack functionality.   4. Installing Hardwood and Carpet Flooring is one of the first things seen by buyers, and a great job on flooring can be very impressive. The opposite is true as well. You need to be handy and do adequate research if you try to do carpeting yourself. Otherwise, leave it to a pro.   5. Painting Your Rooms This one can be completely fine if you’ve had experience. Many of us paint our own rooms with no negative effect. That being said, if you don’t know what you’re doing, and ugly, poorly-executed paint job can do your home a disservice and repel buyers.   6. Kitchen Renovations Buyers absolutely love a nicely renovated kitchen, which is great for sellers. Installing your own cabinets or appliances can be costly though if errors are made. If things don’t align properly, are poorly cut, or are damaged during installation, you could turn off a lot of buyers.   7. Adding a Bathroom This DIY reno can be dangerous, risking costly structural damage to your home. Issues with plumbing are noticed very quickly by home inspectors, and if poorly installed, they may flag the issue, which could become a condition in offers you may need to fix.   8. Tile Tile can look incredibly sleek when done right. When buyers see misaligned tile they can’t help but assume the homeowner didn’t invest enough money to do the job right. It takes skill to make the tile look its best and perfectly aligned.   If you’re an experienced handy kind of person, open to spending lots of time researching, watching tutorials, speaking with professionals, then maybe you could handle some of these DIY projects. If not, then it's probably best to leave these projects in the hands of a skilled professional.   Thinking of selling and want some great professionals in Sarnia-Lambton? Call me at (519) 331-3746. ### [3 Strategies Realtors Use to Price Your Home](https://www.sarniaproperty.com/blog_read/3-strategies-realtors-use-to-price-your-home) You want to sell your home and get great results. So what is the best strategy to use in today’s market?    Let’s take a look at the three strategies you can use, which are listing above, listing at, or listing slightly below market value.       --------------------  Selling your Sarnia area Home? Get a free home price evaluation   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton --------------------      Let’s break down the three strategies we can use when listing your home.   Pricing Your Home Above Market Value   When there’s less inventory, this strategy can work well. We need to be cautious though because pricing your home too high could mean limiting the exposure the property gets, turning some potential buyers off. So, you may get much fewer offers, or have a longer wait, but it could sell at a higher price.   Pricing Your Home At Market Value   We’d establish the fair market value of the home using comparable properties, and list your home at the number we get. It’s often a smart strategy, getting you a good amount of leverage through an average number of offers, near or at asking price.   Pricing Your Home Below Market Value   Pricing below fair market value means your home may stand out from similar properties for sale. Listing your home for less may lead to more interest, more exposure, more offers, and leverage when negotiating. Potentially.   So what is the best strategy for pricing your home? It depends. Often realtors try to run the same play every time, and pricing your home really isn’t a one size fits all move. Your Realtor needs to give serious consideration to which of these strategies is best for you and your home in your situation and the state of the market.   Whatever strategy you prefer, our team is here to help you every step of the way. ### [The Most Important Factor for New Home Buyers](https://www.sarniaproperty.com/blog_read/the-most-important-factor-for-new-home-buyers) What is the most important factor new home buyers need to keep in mind? The Most Important Factor for New Home Buyers is Establishing a Budget and Sticking To It.   --------------------   Buying a Sarnia area Home? Search hot new listings in Sarnia-Lambton --------------------          First Home Isn't a Dream Home? No Problem! Your next home might not be your dream home. But with the right budgeting and strategy, combining professional renovation and DIY projects, your starter home may be more than sufficient to help get you the home of your dreams.   Budgeting Helps You Find The Goldilocks Zone Bigger homes cost more to heat and cool. They have higher gas, water, and energy requirements, all of which add up. Smaller homes too might not be ideal for your family, especially if you’re looking to have children fairly soon. Budgeting helps you to find the Goldilocks Zone of home pricing, by not stressing you financially from being too costly, while not by being too small to meet your needs.   Budget for Updates to Boost Resale Setting an optimal budget allows you to find a home that fits your needs best. It gives you room to budget in updates for your flooring, kitchen or windows, or any other updates you plan to add value into your home so you can get top dollar when selling. You’ll also be able to deal with unexpected expenses with much greater ease.    Enjoy Your First & Plan for the Dream Home While building equity with your starter home, you can give more consideration to the type of home you’d like to have eventually. You can factor in your hobbies, your desire for a great TV room, or a spot for woodworking. Whatever it is, you’ll have time to zero in on what you really want, and things you don’t want. And don’t forget the importance of location or commute times. You need to know what is important to you before making your next purchase.   The Blue Coast Team is here to help you through all these considerations. We’ll help you make the best decisions possible. Call Amanda Woolacott today at (519) 330-4338, and Welcome Home to the Blue Coast!   ### [October 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/october-2020-housing-market-update) Let's take a look back at the October 2020 Sarnia-Lambton Housing Market.     ✅  Point Edward had 6 homes sold for just under having an average sale price of $362 thousand dollars and there is 1 active listing.   ✅ College Park had 4 homes sold, having a sale price of $492 thousand dollars, and there is 1 active listing.   ✅  Sherwood Village saw 5 homes sold, having an average sale price of $297 thousand dollars and there are 2 active listings.    ✅ Heritage Park had 10 homes sold, having an average sale price of just above $530 thousand dollars and there are 9 active listings.   ✅  Coronation Park and the Tree Streets had 15 homes sold, having an average sale price of $276 thousand dollars and there are 5 active listings.   ✅  Cardiff Acres had 7 homes sold, having an average sale price of just under $341 thousand dollars and there are 2 active listings.   ✅  Guthrie Park had 4 homes sold, having an average sale price of $331 thousand dollars and there are 3 active listings.   ✅  High Park saw 2 homes sold, having an average sale price of 285 thousand dollars and there is 1 active listing. ✅  Northgate saw 9 homes sold, having an average sale price of $320 thousand dollars, and there are 4 active listings. ✅  Downtown Sarnia, including condos, saw 5 properties sold, having an average sale price of $307 thousand dollars and there are 18 active listings. ✅  Mitton Village saw 5 homes sold, having a sale price of $220 thousand dollars and there are 3 active listings.   ✅ South Sarnia saw 12 homes sold, having an average sale price of $247 thousand dollars and there are 6 active listings.   ✅  Rapids Parkway saw 9 homes sold, having an average sale price of $567 thousand dollars and there are 3 active listings.   ✅  Twin Lakes had 7 home sold, having a sale price of $506 thousand dollars and there are 7 active listings.   ✅  Wiltshire Park had 3 homes sold, having an average sale price of just above $368 thousand dollars and there are no active listings.   ✅ Woodland Park & Oak Acres had 11 homes sold, having an average sale price of $382 thousand dollars and there are 3 active listings.   ✅  Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 15 homes sold, having an average sale price of $702 thousand, and there are 9 active listings.   ✅  Blackwell area saw 3 homes sold, having a sale price of 773 thousand dollars and there are 5 active listings.   ✅  Bright’s Grove saw 9 homes sold, having an average sale price of $633 thousand and there are 11 active listings.   ✅ Plympton-Wyoming saw 12 homes sold, having a sale price of $681 thousand dollars and there are 28 active listings.   ✅  St. Clair Township saw 13 homes sold, having an average sale price of $505 thousand dollars and there are 10 active listings.   There were 365 active listings in October, and 203 sold totalling just above $87 million in sales volume, compared to October 2019 where we had 163 sold and just below $52 million in sales volume.   With around 17 days to sell vs 28 days to sell in October 2019, the average sale price was around $434 thousand, vs $332 thousand in October 2019, which is a 30% price increase.   48.5% of those sold were in the $200,000 to $400,000 price range.   There were 14 fewer homes on the market in October 2020 than September 2020, and the number of sales increased by 44.   ### [Great Tips for Moving with Pets](https://www.sarniaproperty.com/blog_read/great-tips-for-moving-with-pets) Moving day is a busy day for families, which is why figuring out logistics ahead of time always makes sense. We factor in a lot of things to make sure things go smoothly and everyone is taken care of. But what about pets?   Here are some Great Tips for Moving with Pets.     Short-Medium Distance Moves When moving with pets, your planning needs to take into consideration the type of pet, and their health considerations, as the needs of dogs, cats, birds, fish or reptiles vary.   To reduce stress for pets like dogs, cats, or birds, keep them away from the action. And take them in the vehicle with you. If you’ve got a high-anxiety animal, sedation might be a smart idea, especially for longer moves.   When moving, you always need to know where your pet’s essentials are. Keep a bag with your pet’s food, water bottles, bowls, medication, or anything else you need in an easily accessible location.   It’s recommended that if you live nearby the property you’ll be moving to, homeowners should bring animals like dogs or cats to familiarize themselves with the home. Dogs and cats should also be fitted with collars and ID tags with your phone number, and microchips.   For longer trips, you’ll need to create basic checklists of your pet’s needs.    Upon arrival, dogs and cats should be given their own space, containing their food, bed, and toys, to help them feel as comfortable as possible.   Flying with Pets If your move involves flights, you’ll need to research travel requirements and consider using a pet relocation service.   Make sure to get your vets to send your pet’s health records. Vaccination records may be required before flying.   And if flying, make sure to check the airline's rules to see if your pet’s breed is allowed on planes and can travel with you or if it needs to be transported in cargo.   If you and your pet are looking to move, call Hilary Ryan at (519) 381-8576. ### [November 2020 Events Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/november-2020-events-sarnia-lambton) November 2020 Events Sarnia-Lambton         Friday, November 27th, 2020   St. Pat’s VIRTUAL Irish Miracle Where: ssvpsarnia.ca When: 9:00 am Nov. 27th - Dec. 18th     Saturday, November 28th, 2020     Rebound Drive-Through Turkey Dinner Where: Sarnia Golf & Curling Club When: 9:00 am Order here: https://fs23.formsite.com/bMYILM/21ogbopiaq/index.html?1605037092703   Sunday, November 29th, 2020   Christmas Toy Drive Where: London Rd W United Church parking lot When: 1:00 pm - 3:00 pm    Drive-Thu Chicken & Rib Dinner (in Support of The Alvinston Ice Angels) Where: Brooke Alvinston-Inwood Community Center, Alvinston When: 4:30 pm - 6:30 pm Cost: $20/ ticket ### [What to Expect with FSBOs](https://www.sarniaproperty.com/blog_read/what-to-expect-with-fsbos)   Are you thinking of selling your home yourself, but aren’t sure what the pros and cons are, or what to expect? Let’s explore some things you can expect when selling your home yourself.   What to Expect with FSBOs     When you hear about selling your home yourself, the message can be confusing. What’s the real story? FSBO means selling without an agent, with the goal being to save on commissions. There is a possibility that you could save money, but you could also risk losing money while wasting time and effort, and being on the hook legally. When people choose to sell their homes themselves, they often underestimate the role Realtors play in selling. We need to look at the big picture here.   Pricing First, there’s pricing. If you can’t accurately price your home, you could undervalue or overvalue your home. Realtors use CMAs or comparative market analysis to price your home. Without this, accurate pricing is a shot in the dark. FSBOs sellers often don’t understand the market and set the price too high, making the property sit for longer periods. They also sell for significantly less than realtor-assisted home sales.   Exposure Next, there is often a lack of exposure to the property. Without professional media and marketing, few people are reached by comparison. At the Blue Coast Team, we use professional photography and video to advertise on all the main social media platforms.   We also use the MLS, our website, radio, and print to reach the maximum number of buyers as possible. And when we get plenty of interested buyers, we respond promptly to digital or phone inquiries, which are often missed by FSBO sellers. So much potential is wasted by slow responses that force people to move onto other properties.   Qualifying Buyers When Realtors respond to buyers, we also make sure the buyers are qualified by a financial lender, so nobody’s time is wasted showing homes out of their price range. Your deal may experience delays, problems, or a full release if buyers aren’t qualified.   Negotiation Finally, FSBO sellers usually have zero experience negotiating terms, prices, or inspections, appraisals, or earnest money, and other things Realtors deal with on a daily basis.   If you’ve considered selling your home on your own or maybe you’ve just started the process, you may have run into some of these issues. The Blue Coast Team is here to sell your home right. Call Amanda Woolacott today at (519) 330-4338 and Welcome Home to the Blue Coast! ### [How to Buy the Lifestyle](https://www.sarniaproperty.com/blog_read/how-to-buy-the-lifestyle) Buying a home is about more than the home itself; it's about the lifestyle. At the Blue Coast Team, we want you to find the home of your dreams. Here are some tips to assist you in buying the lifestyle you want when you purchase real estate in Sarnia-Lambton.   Here is How to Buy the Lifestyle.       #1. Envision your dream community When imagining the lifestyle you want, you need to aim high. First, take a little time to imagine what your dream community would look like. Maybe you picture yourself waking up and seeing Lake Huron when you peer out your bedroom window. Or maybe you want to live in close proximity to one of our many great nature trails or schools, community centres, or golf courses. Maybe a smaller, growing community downriver suits you. Whatever you want, just write it down.   #2. Explore the neighbourhood Next, go for a drive through some neighbourhoods you’ve identified, and see what streets and areas are most appealing to you. You can also explore on Google Maps, and even get a great 360-degree view with the street view feature. Familiarizing yourself with neighbourhoods and making a list of streets you like can be helpful when later working with a Realtor. If an    #3. Consider your family’s needs When writing, make sure to consider what’s best for the whole family. What schools appeal most to you? Would you like your children to be within walking distance of their school or recreational activities? Ask your family members their thoughts and opinions, and include them where you can.   #4. Balance location vs recreation Speaking of which, you’ll need to balance location vs recreation. A great location could be near your work or your kid’s school, but this great location may come at the cost of being at a distance from the recreation you love most. How close to parks, restaurants, shopping, trails, gyms or recreation centres would you like to be? Whether retiring, or starting a new family, you need to think about the essential things you want from your lifestyle, and your unique situation.   So, what’s the next step? I encourage you to give our team a call at (519) 331-3746. We’ve helped countless families find exactly the home they needed, and we can do the same for you. If you’re thinking about making your Sarnia-Lambton lifestyle dreams come true, contact The Blue Coast Team today, and Welcome Home to The Blue Coast! ### [5 Common Home Selling Mistakes](https://www.sarniaproperty.com/blog_read/5-common-home-selling-mistakes)   Selling your home is exciting, and so is the money you’ll get when you sell! The thing is since homes are worth a lot of money, screwing things up when selling can put a big damper on your enthusiasm and hurt your financial goals. Before you go charging head-first into selling take a look at this list of home selling mistakes you need to avoid.       Mistake #1. Not anticipating home-selling costs If you fail to anticipate the costs of selling your home, you could wind up majorly overwhelmed. Creating a budget and sticking to it is essential to staying on track. You’ll need to factor in home inspections and repairs, staging costs, seller concessions, the cost of your next home, closing costs, moving expenses, and agent commissions. Experienced real estate professionals make a big difference by helping you arrange the sale of your home while keeping these costs in mind.   Mistake #2. Selling with negative equity If your property went down in value and you still owe a mortgage on your home, you may owe more than what it is worth. In this case, you likely need professional help to deal with your situation. Our recommendation is typically to stay in the home and put in effort to build more equity before you sell.   Mistake #3: Going the ‘For Sale By Owner’ route When people try to sell their home on their own, they usually don’t sell it for as much. It takes dedicated time, effort, experience, negotiation skills, and resources to sell a home. Great real estate groups, like The Blue Coast Team, have all these things and more to help get your home sold. Realtors also make sure all laws are followed, so you don’t wind up in hot water. When people go the FSBO route, they often fail to price properly due to a lack of a CMA, or comparative market analysis, something Realtors provide.   Mistake #4: Failure to showcase the home properly Your home needs to look its best both in visual media and in person. You’d better be sure the home is well-lit, decluttered, and has been thoroughly cleaned. And if it's empty, you should consider using staging. Bright, tidy, clean, staged homes show better, photograph better and are much more inviting to buyers. They also sell for considerably more. And with photography, you’ll need to use a professional with a wide-angle lens. Cell phone shots will not do your home justice. More than half of all home buyers find their home online, so quality photos and videos make a big difference.   Mistake #5: Concealing big issues Being deceptive isn’t cool. And when it comes to concealing issues with your home, you probably won’t get away with it, and it will end up backfiring. Smart home buyers get home inspections. This entails every part of the home being noted by a home inspector. If you have a major rodent problem, a broken furnace, or a leaky roof, they will find it, and your deal could be delayed or terminated.   Make sure you don’t make these 5 Common Home-Selling Mistakes. If you need help selling your home, you need a great real estate agent to help get the job done. Call us today at (519) 331-3746 and it's time to come home to the Blue Coast. ### [Is it Smart to Buy or Sell During the Christmas Season?](https://www.sarniaproperty.com/blog_read/is-it-smart-to-buy-or-sell-during-the-christmas-season)   The Christmas season is the most wonderful time of the year! But is it a wonderful time to buy or sell?   Is it Smart to Buy or Sell During the Christmas Season?     The Christmas holiday season is in fact a great time to sell your home, filled with plenty of opportunities for buyers and sellers.   For one, Sellers will find buyers to be highly motivated.   There are fewer buyers in winter, but those you encounter will be more highly motivated than casual spring or early summer lookers, who are weeded out by the cold weather. When buyers are checking out your home in the winter, they are typically much more serious, motivated, and willing to buy.   And since inventory is so low during the holidays, you may be able to set the price of your home higher.   Festive home decoration Another great thing for sellers is the wonderful effect holiday decorations can have. Our homes are often at peak coziness, which really draws buyers in and gives your house a real homey feel.   Bright & inviting neighbourhoods Neighbourhoods too are decked out with wreaths, Christmas lights, and other beautifying things that can make buyers feel drawn to your area.   Buyers will find there is less competition. If you make an offer on a property, your chances of the offer being accepted are higher as you’ll be competing with fewer buyers. Often, home sellers need to move by the end of the year when they list during the holiday season. Because of this, sellers’ willingness to make a deal increases.   End-of-Year Tax Breaks Buyers can also deduct the property taxes, interest costs, and mortgage interest of the loan if the home sale closes before December 31.   If selling during the holiday season sounds like it could be a smart choice for you, give our team a call day! Give Sean a call at (519) 331-3746 and remember to Put Sean on Your Lawn. ### [Simple Renos to Add Value Before Selling](https://www.sarniaproperty.com/blog_read/simple-renos-to-add-value-before-selling) Everyone wants to boost their home value before selling. So it’s reasonable to wonder if more is always better. Should you spend lots of money on renovations before you sell? Do expensive renos tend to earn you significantly higher when selling?   Here we explain why you should stick with Simple Renos to Add Value Before Selling.         Start with a Budget & a List   People first need to figure out their budget for renovations. This, right off the bat, will help people identify how much money they have available to update their home. Once you know your budget, you can ensure you use the money in the most efficient way to add value to your home before you sell.   In order to make your budget, you’ll first need to create a full list of improvements you feel could be made, in order of importance. For example, if your carpet is covered with stains and is torn, put that at the top of your list. Aspects of your home that could be a non-starter for buyers should be prioritized.   Example:   Carpet stains in living room - needs replacement - $2,000 Ugly, outdated bathroom - needs remodeling - $3,000 Dirty exterior- power wash the siding - $0 - $300 Poor landscaping - add curb appeal: flowers, shrubs, or wood chips - $100-$300 Scuffed walls - all walls need a new layer of paint - $400-$3,000 Kitchen - full remodeling - $15,000-$20,000   Imagine you have carpet stains, an unsightly bathroom, a dirty exterior, poor curb appeal, scuffed walls, and an outdated kitchen.   Weigh the Cost vs Recoup   Now that you’ve identified what needs renovating, you need to know if making the update is worth the cost. It's helpful to focus on projects that will recoup the most amount of money put into it. Keep in mind that just because you have the budget for a lot of renovation, it doesn’t mean you should. Here is why you should stick with simple renos to add value.   Big Renos   It may seem like putting a ton of money into a home would automatically mean the value goes up accordingly. This isn’t usually the case. Take bathrooms for example. Sellers who remodel their bathroom for $3,000 or less can recoup $1.71 per dollar spent.   Compare this to a high-end bathroom ($10,000-$25,000) remodelling which brings back a mere 87 cents per dollar spent. Remodelling a kitchen usually only will get you 50 cents back per dollar spent.   If you’re planning to enjoy the big renovations yourself and live in your home for a while, then big renos could be worthwhile. But if you’re just looking to do a big reno to sell, then save yourself the money, time, and effort.   Trends change quickly, so styles and designs of high-value renos may lose their perceived value faster. Simple Renos   The chances are, simple renos are all you need. Sellers are almost guaranteed to recoup the money spent on paint, new carpeting, mid-range bathroom remodelling, light fixtures, and basic landscaping.   Let’s start outside. Curb appeal and landscaping are what buyers see first. Positive first impressions can easily increase your home’s value by several percent. Adding a new garage door, freshly painting the front door, planting annuals or evergreen trees boost curb appeal nicely.   Painting with neutral colours appeals to the widest range of buyers. A winning combo is a freshly painted home with a bright interior, and dark exterior with a richly coloured door.   Inside, if your bathroom needs renovating, you can add tiles in the bathroom that look great without the high price tag. Updating your doorknobs, lighting fixtures or cabinet handles is an inexpensive way to make your spaces classy. Closing   Make your list, put it in hierarchical order, and reference recoup amounts for the individual projects. If you are tempted to put a ton of work into a project that simply won’t recoup enough of your investment, then do a much smaller scale update. Focus on the projects that are most needed that will impact buyers the most.   If you’re looking to sell in Sarnia-Lambton, give The Blue Coast Team a call today at (519)331-3746 and it’s time to come home to the Blue Coast! ### [November 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/nov-2020-hmu) Here is Sarnia-Lambton's November 2020 Housing Market Update.   There were 353 active listings in November, and 157 sold totaling just below $56 million in sales volume, compared to November 2019 where we had 125 sold and just below $38 million in sales volume. With around 25 days to sell vs 36 days to sell in November 2019, the average sale price was around $374 thousand, vs $311 thousand in November 2019, which is a 20% price increase. 48% of those sold were in the $200,000 to $400,000 price range. There were 15 fewer homes on the market in November 2020 than in October 2020, and the number of sales increased by 16.      ✅ Point Edward had 2 homes sold for just under having an average sale price of $224 thousand dollars and there is 1 active listing. ✅ College Park had 1 home sold, having a sale price of just under $500 thousand dollars, and there are 0 active listings. ✅ Sherwood Village saw 3 homes sold, having an average sale price of $365 thousand dollars and there are 2 active listings. ✅ Heritage Park had 10 homes sold, having an average sale price of just above $480 thousand dollars and there are 6 active listings. ✅ Coronation Park and the Tree Street area of Sarnia had 10 homes sold, having an average sale price of $ 274 thousand dollars and there are 1 active listing. ✅ Cardiff Acres had 4 homes sold, having an average sale price of just under $289 thousand dollars and there are 1 active listing. ✅ Guthrie Park had 4 homes sold, having an average sale price of $312 thousand dollars and there is 1 active listing. ✅ High Park saw 1 home sold, having a sale price of 297 thousand dollars and there is 1 active listing. ✅ Sarnia’s Northgate Area saw 10 homes sold, having an average sale price of $273 thousand dollars, and there are 7 active listings.  ✅ Downtown Sarnia, including condos, saw 6 properties sold, having an average sale price of $275 thousand dollars and there are 12 active listings. ✅ Mitton Village saw 2 homes sold, having a sale price of $296 thousand dollars and there is 1 active listing. ✅ South Sarnia saw 7 homes sold, having an average sale price of $234 thousand dollars and there are 5 active listings. ✅ The Rapids Parkway saw 6 homes sold, having an average sale price of $680 thousand dollars and there are 4 active listings. ✅ Twin Lakes had 7 homes sold, having a sale price of $539 thousand dollars and there is 1 active listing. ✅ Wiltshire Park had 5 homes sold, having an average sale price of just above $413 thousand dollars and there are 0 active listings. ✅ Woodland Park & Oak Acres had 7 homes sold, having an average sale price of $382 thousand dollars and there are 3 active listings. ✅ Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 5 homes sold, having an average sale price of $507 thousand, and there are 7 active listings. ✅ Blackwell saw 2 homes sold, having a sale price of 500 thousand dollars and there are 6 active listings. ✅ Bright’s Grove saw 7 homes sold, having an average sale price of $535 thousand and there are 7 active listings. ✅ Plympton-Wyoming saw 9 homes sold, having a sale price of $593 thousand dollars and there are 29 active listings. ✅ St. Clair Township saw 14 homes sold, having an average sale price of $401 thousand dollars and there are 12 active listings.   ### [December 2020 Events Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/december-2020-events-sarnia-lambton) December 2020 Events Sarnia-Lambton         Saturday, December 12th, 2020   Gifts Of The Season At Gallery In The Grove Where: 2:00 pm When: Gallery in the Grove   2020 Lambton Circles Drive by Gift Card/Toy Drive Where: Sarnia Evangelical Missionary Church When: 10:00 am   2020 Pathways Secret Santa Shoppe Experience Where: Pathways Centre For Children, Sarnia When: 3:00 pm     ### [Are Open Houses a Good Way to Market Your Home?](https://www.sarniaproperty.com/blog_read/are-open-houses-a-good-way-to-market-your-home)       In this day and age, we often hear mixed messages about using open houses to market homes. Under normal conditions, is it worthwhile to put on an open house?     Most Realtors have long acknowledged the effectiveness of open houses in getting lots of interested buyers in the doors while holding the view that those who don't put on open houses are simply unwilling to put in the work.   It takes a lot of time and effort from real estate agents who use social media posts, Facebook live videos, signage, postcards, phone calls, and word of mouth, to entice buyers to visit.   Marketing your home with an open house is an effective way to generate plenty of interested buyers, with every promotion of the open house reaching a truly respectable number of prospective buyers.   There are objections to holding open houses that come up.   1. Most buyers tend to use the internet to browse homes for sale and narrow down their choices. 2. Another concern is that of theft at the home. 3. Another concern is that people fear open houses benefit Realtors more than their clients.   It’s absolutely true that people use the internet more than ever when searching for homes. But when viewed properly, open houses can be seen as simply one part of a comprehensive marketing plan to reach as many buyers as possible. We don’t put all our eggs in one basket. Each marketing faucet plays a role in getting your home sold.   When we recommend an open house, we also make sure homeowners take proper precaution to hide any valuables, like electronics or prescriptions, in a safe place. We also keep track of visitors and have them sign in, while often escorting them through the home.   Open houses do benefit Realtors but not more than the benefit most clients gain from exposure. In our industry, networking is key, and open houses can sometimes bring in leads. But this is a byproduct of holding open houses and not the goal. Selling our client's home is our focus during open houses.   In these times of social distancing, open houses are being used less and less, and virtual tours are on the rise. We’ve had record homes sales in 2020, while simultaneously having a reduction or outright ban of in-person open houses altogether. Clearly, homes can sell without having an in-person open house. And under normal conditions, whether or not sellers wish to host an open house is their decision. ### [Dec. 31st - 4 Tips to Help You Find a Starter Home](https://www.sarniaproperty.com/blog_read/dec-31st-4-tips-to-help-you-find-a-starter-home)   Home prices are rising and housing inventory is low. So how on earth are first-time home buyers supposed to break into the housing market? Here are 5 Tips to Help You Find a Starter Home.     1. Have realistic expectations about the housing market.   Knowing the state of the housing market will help you avoid unrealistic expectations. Right now, we’re in a seller’s market and inventory is low. Competition has been strong this year and homes in the lower price range have flown off the market.   Get pre-approved immediately and find out exactly what your price range is. Those with tight budgets need to be realistic about what they can afford and the amenities that come with their budget.   This probably means forgoing the best appliances and marble countertops. You’ll need to remember that this probably won't be your forever home. This home is a comfortable, usually smaller, stepping stone to the home of your dreams.   2. Modify your wish list.   Keep open-minded about the size, condition and location of your starter home. Starter homes typically have fewer amenities, meaning improvements you make to your home will increase its value, which is very important when using your home as a launching pad for your dream home.   Alternatively, if you make the right renovations or additions over time, you might actually warm up to it as a forever home. Keep an eye out for older homes in well-established neighborhoods. These are less expensive, and you can pace yourself as you work on repairs and or make upgrades.   3. Don't worry too much about the location. You don’t need to worry so much about location, size, and school district, especially if you haven't had children yet. Starter homes allow homeowners to build up savings and equity, making their future move into their preferred locations easier. Because home prices in the lower price range are highly competitive, you may want to make a strong offer that is actually above the asking price and include the least amount of conditions as possible. You can also increase your chances of getting your offer accepted by giving the seller flexibility and time to move after closing, and also making a larger down payment.   4. Hire a great realtor. With lots of competition, you need a tried and true realtor who can work hard and negotiate, and strategize on your behalf. Realtors have  If you’re looking for a starter home in Sarnia-Lambton, our team can help get your foot in the door in the housing market. Call us today at (519) 331-3746. ### [4 Ways to Make Your Offer More Competitive](https://www.sarniaproperty.com/blog_read/4-ways-to-make-your-offer-more-competitive)   Finding a beautiful home that you can envision you and your family living in is exciting. Imagining yourself in the living room, out on the patio, and picturing the space as if it’s already your own is euphoric. But when someone else comes along with a stronger offer and pulls the carpet from underneath you, it can feel pretty devastating. No one wants to lose out on their home which is we've compiled some info to increase your chances of getting your offer accepted.   Here are 4 Ways to Make Your Offer More Competitive.     Right now in Sarnia Lampton inventory is very low and competition is intense. It’s crucial that to have your offer accepted you need to make sure it stands out. You need to make sure that you have the strongest offer possible, that the contract structure is ideal and that the timing is right. Today I want to give you five different ways that you can make your offer more competitive and boost your chances of getting your offer accepted.   1. Make your offer higher than asking price. Our current market has a high demand and low supply of homes. This leaves sellers with the upper hand. When sellers and their realtors are looking at offers the first item that is considered every time is the price.  You can make your offer stand out by pricing it moderately higher than the asking price. Low ball offers are not effective in today’s market since there are so many multiple offer situations that take place. You should never look to overpay but be conscious that your chances of having your offer excepted are diminished the lower the offer is.   2. Increase your down payment and deposit. When you’re looking to buy a home and make a sufficient offer, you need to make sure that the sellers know how serious you are about buying.  Two of the best ways to show that you’re a serious buyer is to increase your down payment amount and increase your earnest money deposit.  A deposit means that if you decide to back out without justification you lose that money. Sellers and their real estate agents view deposits favourably as it shows you’re a serious buyer. And with a higher down payment, your financial lender will be more likely to accept your loan when you have more money to put down.   3. Make your closing terms strong. When everything else is equal sellers are most likely to choose offers with very strong closing terms. For instance, a cash offer is much more powerful than an offer with lender financing and a month-long wait time. You can also submit pay stubs, credit reports, and tax returns to many lenders early in order to shave weeks off your approval time, and this can steer the seller towards choosing your offer.   4. Limit contingencies Buyer contingencies are viewed as obstacles by sellers. When you remove more of these contingencies the likelihood of you closing the deal increases. This doesn’t mean that you should be reckless when making offers. Every contract has some standard contingencies, like an inspection, and appraisal, and financing. But there are cases where even these standard contingencies aren’t necessary. A realtor will be able to help you figure out what is and isn’t necessary. The basic idea is that you shouldn’t let small contingencies get in the way of losing out on the home you desire. ### [December 2020 Housing Market Update](https://www.sarniaproperty.com/blog_read/december-2020-housing-market-update) 2020 is at an end and now it's time to take a look back on the December 2020 Housing Market for Sarnia-Lambton.      There were 310 active listings in December, and 100 sold totalling just above $38 million in sales volume, compared to December 2019 where we had 103 sold and just below $34 million in sales volume.   With around 25 days to sell vs 27 days to sell in December 2019, the average sale price was around $397 thousand, vs $343 thousand in December 2019, which is a 16% increase.   51% of those sold were in the $200,000 to $400,000 price range.   There were 51 fewer homes on the market in December 2020 than November 2020, and the number of sales decreased by 64.   That was your look at the big picture, now let's look at the individual areas in Sarnia-Lambton.     ✅ Point Edward had 1 home sold for just under $230 thousand dollars and there are no active listings.   ✅ College Park had no homes sold, and there is 1 active listing.   ✅ Sherwood Village saw 6 homes sold, having an average sale price of $362 thousand dollars and there is 1 active listing.   ✅ Heritage Park had 8 homes sold, having an average sale price of just above $458 thousand dollars and there are 3 active listings.   ✅ Coronation Park and the Tree Street area of Sarnia had 5 homes sold, having an average sale price of $297 thousand dollars and there are no active listings.   ✅ Cardiff Acres had 4 homes sold, having an average sale price of just under $321 thousand dollars and there are no active listings.   ✅ Guthrie Park had no homes sold, and there is 1 active listing.   ✅ High Park saw 1 home sold, having a sale price of 355 thousand dollars and there is no active listing.   ✅ Sarnia’s Northgate Area saw 7 homes sold, having an average sale price of $282 thousand dollars, and there are 6 active listings.   ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of 274 thousand dollars and there are 12 active listings.   ✅ Mitton Village saw 4 homes sold, having a sale price of $316 thousand dollars and there is 1 active listing.   ✅ South Sarnia saw 6 homes sold, having an average sale price of $244 thousand dollars and there are 3 active listings.   ✅ The Rapids Parkway saw 4 homes sold, having an average sale price of $607 thousand dollars and there are 5 active listings.   ✅ Twin Lakes had 1 home sold, having a sale price of $769 thousand dollars and there are 2 active listings.   ✅ Wiltshire Park had 1 home sold, having an average sale price of just above $485 thousand dollars and there is 1 active listing.   ✅ Woodland Park & Oak Acres had 2 homes sold, having an average sale price of $383 thousand dollars and there are 2 active listings.   ✅ Combined, Woodrow Beach, Wees Beach & Oakwood Corners had 4 homes sold, having an average sale price of $719 thousand, and there are 5 active listings.   ✅ The Blackwell area of Sarnia saw no homes sold, and there are 4 active listings.   ✅ Bright’s Grove saw 1 home sold, having a sale price of $265 thousand and there are 7 active listings.   ✅ Plympton-Wyoming saw 7 homes sold, having a sale price of $685 thousand dollars and there are 17 active listings.   ✅ St. Clair Township saw 5 homes sold, having an average sale price of $626 thousand dollars and there are 12 active listings.     ### [High Exposure for Top Dollar](https://www.sarniaproperty.com/blog_read/high-exposure-for-top-dollar)   Selling your home doesn’t need to be a frustrating experience.   As your realtor, there is an abundance of things we can do to help ensure your home sells at the price that’s right for you.   At the Blue Coast Team, we make sure your home receives the highest amount of exposure possible to sell it fast and get top dollar.     First, We price the home right. Pricing the home right attracts the most buyers by finding a sweet spot for pricing; Not so low that the sellers get cut short, and not so high as to scare off buyers.   Next, we use a dedicated professional to capture the home. Most people decide to attend showings based on photos and videos found online. We use high-quality photography, video, and aerial shots to present a realistic and attractive view of the home, showing the property in its best light.   We make use of effective traditional marketing platforms. We make use of traditional marketing platforms like print to reach buyers with brochures and postcards. And our radio ads are in a prime spot on our local radio station, to reach tons of commuters.   We also take full advantage of Social media marketing. Creating social media posts that shows off the property in video and photo format, and boosting the posts as ads, reaches tens to hundreds of thousands of potential buyers. Facebook, LinkedIn, Twitter, Instagram, Google My Business, YouTube, are powerful tools that we make use of.   Prospects We also have lists of interested buyers just waiting to find the right home. If your home meets their criteria, we send your listing to them and gauge their interest.   Do you want to get maximum exposure when selling your home? Our team is standing by to get the ball rolling. Give us a call at 519-331-3746 and remember to put Sean on Your Lawn in 2021! ### [4 Reasons Why Home Buyers Back Out](https://www.sarniaproperty.com/blog_read/4-reasons-why-home-buyers-back-out) Successfully completing a real estate transaction takes a lot of effort to complete, but can take only one person to drop the ball and grind things to a halt.   Today, we’re looking at 4 Reasons Why Home Buyers Back Out.   The reason that we’re taking a look at this issue today is so we can avoid having our real estate transactions cancelled by being much better prepared.       1. Financial issues   Many people get pre-qualified, which means having a financial lender do a really basic review of your credit report and take some notes on your employment, income and assets.   Basic review of your credit report, employment, income & assets.   But pre-qualification isn’t detailed enough to guarantee how creditworthy you are in the eyes of the lender; it’s really just a snapshot.   Pre-approval on the other hand, involves a lender performing a full assessment of your financial situation, full credit checks and provides a specific loan amount.   Since pre-qualified buyers can have mistakenly believe they are able to afford more than they can, this can lead to transactions falling through.    The solution then is to make sure your buyers are pre-approved before proceeding.          2. Conditions resulting from home inspections   Home inspections are meant to find any and all problems in a home. There can be dozens of issues discovered by home inspectors in their reports.   But this can make buyers add many more conditions than the sellers had anticipated. After all, home inspections often uncover issues not even the homeowner was aware of.   Sellers usually have no issues doing minor repairs, but costly repairs can jeopardize the deal.   When buyers receive the report from their home inspector, they need to see whether or not the cost of repairs is accurately reflected in the price.         3. Better alternatives   Even if a buyer seems infatuated with your home there is actually a high chance that they’ve put out multiple offers on different properties at the same time.   What some buyers can do is actually use their contractual contingencies or lack of financing to allow them to back out of deals while not breaking their contract.       4. Buyers getting cold feet   Sometimes just the idea of making a big commitment to buying a home is overwhelming. Home buying is the largest buying decision most people make.    And considering how much work goes into making a real estate transaction happen, it's not hard to see why people get cold feet.   There is plenty of paperwork and documentation, and it can be emotional leaving your current home for somewhere new.   And now in pandemic times, there’s even more uncertainty regarding unemployment.    Interest rates right now are at an all time low, but even so people can become nervous about being on the hook for payments for the next 25 years.   With times of uncertainty and high stress, buyers can become cautious of commitment and obligation and choose to revoke their offer and cancel the deal.   Until the closing paperwork is signed nothing is official and the buyers can try, sometimes unethically, to get off the hook.   This is why we really need to make sure we look at the strength of offer terms and make sure that we look at each buyer’s track record, as opposed to just choosing the highest price.   ### [How Your Property Tax is Set and Spent](https://www.sarniaproperty.com/blog_read/how-your-property-tax-is-set-and-spent)   If you’re a homeowner you’re probably familiar with property tax. But even though you may pay property tax, you may wonder how your property taxes are set, and what the money is used for.   Let's break down How Your Property Tax is Set and Spent.     To figure out how much property tax you should be paying, the provincial government and a group called MPAC both play an important role.     The Provincial Government puts laws and policies in place which municipalities enforce to regulate property taxes.   The Municipality sets a budget for the following year by determining how much money is needed to run all the major services, such as police, fire, snow removal, upkeep of roads & sidewalks, public transportation, waste management, and parks and recreational facilities.     MPAC stands for the Municipal Property Assessment Corporation, and they set the value of your home and designate your property.   To calculate your property tax, MPAC uses the Current Value Assessment (CVA) of your property. In Ontario, property assessments are updated on a four-year assessment cycle.   To establish your home’s value they factor in the property’s location, square footage, lot size, renovations, additions, build quality and more.   Once value has been determined as well as the designation of the property, they multiply your CVA number by the municipal tax rates and educational tax rates that the provincial government has established. And that's how your property taxes are set and spent! ### [How to Be a Great Landlord](https://www.sarniaproperty.com/blog_read/how-to-be-a-great-landlord)   It’s not always easy investing in rental properties. You need to have enough money saved for a down payment on a property, closing costs, and pay for any improvements to the property. In a perfect world, you would find great tenants, and collect rent that’s higher than the total monthly costs on the property.   This can be very worthwhile when done right and allows tenants to pay off the loan balance over time. But in real-life issues are bound to arise. Sometimes your experience with tenants can be challenging. And most of the time you’ll reach a point where your property needs updating. So how do you deal with issues while being fair to tenants and looking after our own interests?    Five Tips on How to be a Great Landlord       1. Be the boss or find someone who can. Being the landlord of a rental property is similar in many ways to managing a small business. All business owners know that you need a certain amount of decision-making skills and assertiveness to be an effective business owner. If tenants haven’t paid the rent you’ll need to be comfortable enough calling and sometimes having tough conversations with people. If you aren’t comfortable in this boss role, there are actually companies that will take care of handling many issues for a fee.   2. Create a system for all aspects of your rental property. Systems ensure that you aren’t winging it. You should have systems in place for things like finding tenants, marketing your property, maintenance, and paying the bills. You’ll want systems in place in case of emergencies. Having a contingency fund is always needed in case things break down, or more accurately when things break down. A good system will relieve your stress and help you find the right tenants.   3. Only accept high-quality tenets. All landlords universally agree that good quality tenants are of utmost importance. The best tenant is one that is satisfied with the home and you don’t hear from all that often. Without high-quality tenants you may feel trapped, dreading what could happen next. Maybe they refuse to pay the rent or are loud and obnoxious to the neighbours. In order to get a higher quality tenant screening needs to be a priority. The likelihood of your tenants being more serious and professional is much higher when you do a thorough screening. Don’t go through a sketchy route to find a tenant and certainly don’t jump on the first tenant who is willing to rent. Put in your due diligence, or else you may find yourself stressing.   4. Understand your lease and policies. Any rules or policies that you want your tenants to follow should be clearly stated in your lease. Establishing these things early on firmly will make sure that down the road you're not trampled over. Many landlords use generic leases, but we recommend using much more detailed leases that specify more than just what the rent payment is and the duration of the tenancy.   5. Use a Realtor to fill your rental. Realtors help tenants find the right rental properties all the time and help landlords fill their rentals. At the Blue Coast Team, we are experienced landlords and are willing to provide you will many templates for your rental systems. If you find tenants through a realtor, they can help you write a strong lease agreement. Having a local attorney draw up a lease agreement is also a very smart idea.  Using a Realtor to help fill your rental property is actually a great way to ensure tenants are screened and also pre-qualified. As Realtors, we also have tenants fill out forms including references and previous landlords, allowing you to get a better perspective on what they will be like as your tenants. Being clear about what is and isn’t acceptable is empowering both for landlords and tenants, helping to keep things smooth between both parties. Tenants will understand the penalties or fines of breaching the lease agreement before moving in. And landlords will have some additional ability to make changes in cases where tenants are ignoring the rules. ### [January 2021 Housing Market Update (Sarnia-Lambton)](https://www.sarniaproperty.com/blog_read/jan-2021-sarnia-market-update)   2020 is at an end and now it's time to take a look back on the January 2021 Housing Market Update for Sarnia-Lambton.    There were 312 active listings in January, and 87 sold totalling just below $35 million dollars in sales volume, compared to January 2020 where we had 105 sold and just above $34 million in sales volume.   With around 34 days to sell vs 36 days to sell in January 2020, the average sale price was around $423 thousand dollars, vs $344 thousand in January 2020, which is a 23% increase in price. 37% of those sold were in the $200,000 to $400,000 price range.   There were 7 more homes on the market in January 2021 than December 2020, and the number of sales decreased by 18.     Stat breakdown by area:   ✅ Point Edward had no home sold and there are no active listings.   ✅ College Park had 1 home sold for $620 thousand dollars, and there is 1 active listing.   ✅ Sherwood Village saw 3 homes sold, having an average sale price of $362 thousand dollars and there is 1 active listing.   ✅ Heritage Park had 4 homes sold, having an average sale price of just above $540 thousand dollars and there are 3 active listings.   ✅ Coronation Park and the Tree Streets had no homes sold, and there are 3 active listings.   ✅ Cardiff Acres had 1 home sold, having a sale price of $340 thousand dollars and there are no active listings.   ✅ Guthrie Park had no homes sold, and there is 1 active listing.   ✅ High Park had no homes sold, and there are no active listings.   ✅ Sarnia’s Northgate Area saw 7 homes sold, having an average sale price of $276 thousand dollars, and there are 5 active listings.   ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of 301thousand dollars and there are 9 active listings.   ✅ Mitton Village saw 2 homes sold, having a sale price of $300 thousand dollars and there are 2 active listings.   ✅ South Sarnia saw 8 homes sold, having an average sale price of $221 thousand dollars and there are no active listings.   ✅ The Rapids Parkway saw 5 homes sold, having an average sale price of $638 thousand dollars and there are 3 active listings.   ✅ Twin Lakes had no home sold, and there is 1 active listing.   ✅ Wiltshire Park had 2 home sold, having an average sale price of just above $444 thousand dollars and there are 3 active listings.   ✅ Woodland Park & Oak Acres had 1 home sold, having a sale price of $440 thousand dollars and there are 3 active listings.   ✅ Woodrow Beach, Wees Beach & Oakwood Corners combined had 5 homes sold, having an average sale price of $740 thousand, and there are 5 active listings.   ✅ Blackwell saw no homes sold, and there are 6 active listings.   ✅ Bright’s Grove saw 4 homes sold, having a sale price of $894 thousand and there are 5 active listings.   ✅ Plympton-Wyoming saw 7 homes sold, having a sale price of $611 thousand dollars and there are 29 active listings.   ✅ St. Clair Township saw 13 homes sold, having an average sale price of $386 thousand dollars and there are 12 active listings.   ### [When Is It Time to Reduce the Price of Your Home?](https://www.sarniaproperty.com/blog_read/when-to-do-a-price-reduction)   So, you’ve had a property on the market and it just doesn’t seem to be selling. At what point do you decide to reduce the price of your home?   Today we’re asking When Is It Time to Reduce the Price of Your Home?   In a seller’s market, homes can sell in as little as one showing, and this is the market we currently find ourselves in. But if pricing isn’t right, homes can sit on the market for considerably longer and may make sellers consider reducing their price.       Feedback To see if we should do a price reduction, we need to get feedback. No matter whether a home is expected to sell quickly or stay on the market longer, Realtors need to get feedback about the property and take note of shortcomings and find ways to make the property more appealing.   This way, with active feedback, sellers can make changes and make the property more appealing. If many comments are overlapping, such as a critique of a certain colour or the state of your carpet, that could be a key piece of info you can make use of.   Comparable Properties Another factor we consider when considering if it’s time to reduce the price of your home is that of comparable properties. Comps provide us with more than just information on how much property sold for it also shows us how long a property stayed on the market and other key pieces of information.   Up-to-Date Stats When we look at comps, it isn’t a one time look into the data; we constantly stay up-to-date with the market trends in your neighborhood, so we can be strategic.    If similar properties in your area have taken longer to sell and have needed price reductions will factor this into our decision. If we have numerous showings and no offers, it could be a sign the price may need to be reduced.   Fortunately for sellers, this is in fact a seller's market. This means that you on average have more offers, more interest and potentially sell your home for more. ### [How to Get Started Selling Your Home](https://www.sarniaproperty.com/blog_read/how-to-get-started-selling-your-home)   Homeowners who are considering selling their property in Sarnia Lambton have the advantage of selling their homes in the largest city along Lake Huron. Housing costs in Sarnia-Lambton have historically been lower than in many other parts of Southern Ontario but home costs are starting to catch up with the rest of the province.   Sarnia-Lambton is an excellent place to live and work with many jobs in the industrial sector as well as having Blue Flag Beaches and excellent dining experiences. In fact, Sarnia-Lambton has been a highly sought-after location for Torontonians looking to make their home in a smaller, less stressful environment.   With all the fantastic things the blue coast has to offer, you’d think it might be stress-free selling your home as well. The thing is many first-time home sellers are often unsure about the struggles they might experience when starting the home selling process.   Here are some simple steps that you can follow to help you list your home on the market for all the eager buyers to discover while minimizing your stress.     Reach out to an agent. When you reach out to an agent they'll help you get a better idea of what exactly you’re looking for in a home. A local experienced agent who understands the current real estate market for your area will be there to advise you, give you ideas for optimizing the process of selling, and get your home prepared for selling. Make sure to use a realtor as it’s quite difficult to accurately price your home without one, and homes without realtors tend to sit considerably longer and sell for less.   Decide on a listing price. Realtors use a process called a comparative market analysis to come up with an estimation of your home's value. And this is a great starting point for thinking about what your listing price will be. The Blue Coast Team offers free virtual CMA’s to help you come up with a price for your home, which can be performed from the comfort of your own home.   Based on the state of the market, realtors can analyze the market and help you decide whether you’d like to list your home below, at, or above your estimated market value.   Prep your home for showings. At this point, you’ve settled on a good listing price and it’s getting close to the time where you’re going to show your home to potential buyers. A good realtor will provide honest and genuine feedback so that you can clean and tidy and give the best impression to buyers.   Decluttering your home before selling is also an excellent idea, as you will increase the perceived space in your home while making your future move all the easier. It also makes the photography and video of your home appear more attractive and open.   Have realistic expectations. No two home sales are identical. The sellers will be different, the buyers will be different, the home and location will be different, the timing will be different and all these variables mean that nothing is guaranteed.   The best realtors can do, is use the data they have to understand the market and to strategize how they will go about selling your home while working with you to make your dreams come true.   If you’re interested in selling your home in Sarnia Lambton feel free to give Melissa a call at (519) 464-8550 it’s time to come home to the blue coast. ### [The Importance of Open Communication](https://www.sarniaproperty.com/blog_read/the-importance-of-open-communication)     All great relationships rely on solid communication. And for real estate transactions communication is incredibly important. The problem is, not every realtor shares this point of view.   Here at the Blue Coast Team, we hold ourselves to high standards and we would like to explain exactly what you can expect from us in terms of communication before, during, and after you buy or sell a home with us.   Let's touch on The Importance of Open Communication.     If you chat with any number of people who bought homes, one of the biggest complaints you’ll hear about real estate agents is a failure to adequately communicate. First, let's list a few of the things that our team does to help ensure great communication when you choose to work with us.   When our team first starts conversing with you, we’ll figure out early on your preferred means of communication. That could be a phone call, text, social media, or email. We’ll also determine the frequency of how often you wish to be contacted.   This helps us make sure that we can get a hold of you as soon as something interesting or relevant comes up, while not getting on your nerves. We’ll make sure to communicate to you all of the ins and outs of what’s happening, the fine print, the bold print, interpret multiple pages of contracts, disclosures, and more. And since you’ll be dealing more than just with your Realtor at the Blue Coast Team, we’ll get you in contact with some of the best lenders, lawyers, and more to maintain the highest quality of communication and service.   If we hold an open house for your home, we’ll make sure to keep you in the loop and give you feedback from the guests that have walked through your home. And we’ll make sure to use this information and feedback to get their thoughts about the pros, the cons, the price, the remodels, and other features of your home. And we’ll update our strategy based on this feedback.   A major irritation for many home sellers it's that their agents don’t follow up after showings, or open houses. Our team makes sure to follow up with you as the home seller and with every party that has walked through your home. We make sure to follow up with these people because we really want to know and gauge their level of interest and see where they’re at after giving it some thought and consideration.   The Blue Coast Team isn’t your average one-and-done agent. We’re here to serve you, we hope you find exactly what you’re looking for, and hope to form a genuine friendship with you for life. ### [February 2021 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/february-2021-housing-market-update-for-sarnia-lambton)   There were 306 active listings in February, and 154 sold, totalling just below 79 million dollars in sales volume, compared to February 2020 where we had 125 sold and around $42 million in sales volume.   With around 7 median days to sell vs 13 median days to sell in February 2020, the average sale price was around $508 thousand dollars, vs $343 thousand in February 2020, which is a 48% increase in price.   39% of those sold were in the $400,000 to $600,000 price range. There were 9 more homes on the market in February than in January, and the number of sales increased by 67.     Stat breakdown by area:   ✅ Point Edward had no home sold and there are 0 active listings.   ✅ College Park had no homes sold, and there are 2 active listings.   ✅ Sherwood Village saw 2 homes sold, having an average sale price of $442 thousand dollars and there are 0 active listings.   ✅ Heritage Park had 8 homes sold, having an average sale price of just above $458 thousand dollars and there are 2 active listings.   ✅ Coronation Park and Sarnia's Tree Streets had 9 homes sold, having an average sale price of $341 thousand dollars and there are 0 active listings.   ✅ Cardiff Acres had 2 homes sold, having a sale price of $251 thousand dollars and there is 1 active listing.   ✅ Guthrie Park had 4 homes sold, having a sale price of $414 thousand dollars, and there are 2 active listings.   ✅ High Park had no homes sold, and there are 3 active listings.   ✅ Sarnia’s Northgate Area saw 7 homes sold, having an average sale price of $347 thousand dollars, and there are 4 active listings.   ✅ Downtown Sarnia, including condos, saw 3 properties sold, having an average sale price of [289,900 thousand dollars and there are [5+2] active listings.   ✅ Mitton Village saw 4 homes sold, having a sale price of $316 thousand dollars and there are 2 active listings.   ✅ South Sarnia had 2 homes sold, having an average sale price of $228 thousand dollars and there are 3 active listings.   ✅ The Rapids Parkway saw 6 homes sold, having an average sale price of $628 thousand dollars and there are 8 active listings.   ✅ Twin Lakes had 4 home sold, having an average sale price of $694 thousand dollars, and there are 4 active listings.   ✅ Wiltshire Park had 4 home sold, having an average sale price of just above $408 thousand dollars and there are 3 active listings.   ✅ Woodland Park & Oak Acres had 1 home sold, having a sale price of $440 thousand dollars and there is 1 active listing.   ✅ Woodrow Beach, Wees Beach & Oakwood Corners had 6 homes sold, having an average sale price of $894 thousand, and there are 4 active listings.   ✅ Sarnia's Blackwell area saw 5 homes sold, having an average sale price of $944 thousand and there are 3 active listings.   ✅ Bright’s Grove saw 12 homes sold, having a sale price of $585 thousand and there are 6 active listings.   ✅ Plympton-Wyoming saw 23 homes sold, having a sale price of $659 thousand dollars and there are 17 active listings.   ✅ St. Clair Township saw 17 homes sold, having an average sale price of $485 thousand dollars and there are 8 active listings.     ### [How Long Does It Take to Get a Home Ready to Sell?](https://www.sarniaproperty.com/blog_read/how-long-does-it-take-to-get-a-home-ready-to-sell)   Many people who consider listing their homes in Sarnia-Lambton wait until the last second to get things ready. And when the time comes to put the home on the market, they find themselves rushing to catch up. It would be helpful to these sellers to know how much time it takes to prepare their home for selling.   Today we’re asking How Long Does It Take to Get a Home Ready to Sell?     To get things started, we need to look at what needs to be done before your home goes on the market. When selling with our team, we need to have a full walk-through of the property. This walk-through lets us figure out how we can make your home as attractive as possible to buyers for the lowest amount of money.   Small changes like adding colour or repositioning furniture can have a big impact. Hiring a staging company might be recommended to make the space more inviting. Other changes might need to be made out of necessity, like replacing the roof. Many people with older homes opt to have a home inspection before selling, so bigger issues can be identified and dealt with.   These things take time, and rushing through them is stressful and can leave your home not reaching its full potential. So, how long does it take to get a home ready to sell? It all depends on what it takes to make the home attractive, staged, functional, and fixed up.   Want some ideas for how to prepare your home for selling? Call Amanda Woolacott today at (519) 330-4338. ### [Own a Home To Build Wealth](https://www.sarniaproperty.com/blog_read/own-a-home-to-build-wealth) Homeownership has historically been one of the most tried and true ways to build wealth. Homeownership provides an avenue for building real wealth over time which is built in large part by building equity.   Every time you pay your monthly principal payments on your home, you gain equity. And, over time, appreciation is a critical part of homeownership which allows you to create financial stability.   Today, we're taking a look at why you should own your own home to build your wealth.     First off what is home equity? It’s the difference between your home’s current market value and the dollar amount you currently owe on your mortgage.   To come up with an estimation of your equity all you need to do is subtract your mortgage balance from the market value of home. To figure out how much you owe on your mortgage just look at your last month's statement or chat with your lender. Give us a call and we can also help you out.   So, is it better to be a homeowner or a renter when it comes to building wealth? Renters usually don’t have to directly pay for property tax, repairs, and insurance on their own, as all of these are included in the rent payments.   They also have to pay a profit margin for the landlord. This means that overall you’ll save less when you rent. Most people will find that being a homeowner leads to a much greater amount of wealth accumulated.   In 2020, equity in Canadian homes rose 8.5% on average VS 1.9% in 2019. So how can homeowners cash in on their housing wealth? In order to leverage their wealth, two of the most common methods involve either selling or refinancing. When you sell your home you gain the equity that has been built up over time in the sale.   If you fully paid off a $250,000 mortgage and sold your home for $300,000, you would make your $250,000 back plus an extra $50,000 on your sale.   When you refinance, you take your current mortgage and you use some of the equity that you’ve built up and you may be able to take out a good amount of cash while keeping your monthly payments nearly the same. You could use this to buy a rental property or other solid investments. If you do decide to refinance, make sure to be wise with the items that you purchase. Don't buy crap you don't need or can't afford.   From 2006 to 2008 many people used all of their equity to purchase things that they just simply couldn’t afford and this was devastating. Our current challenge is that of rising food costs, employment issues, and overall uncertainty about the future.   In tough situations, home equity can give people the option of selling their home and tapping into their equity through refinancing and this can help people whether the economic shock they may be experiencing.    So what can we expect going forward? The vast majority of experts, ranging from market strategist real estate and investment experts and economists are calling for home prices to continue appreciating this year.   If you are interested in becoming a homeowner in Sarnia-Lambton give Sean a call today at 519-331-3746. ### [Why People Are Buying Homes in 2021](https://www.sarniaproperty.com/blog_read/why-people-are-buying-homes-in-2021)   Real estate experts expect the real estate market to continue growing in 2021, largely due to the major impact of the pandemic. We’re spending more time at home than ever. It’s important now to figure out what home really means, and the things that we might need in our homes going forward. Today we're looking at why people are reevaluating their lives, where they live, and why many people are expected to buy a home in 2021.       The first and most obvious reason is that we’re experiencing record-low mortgage interest rates. Last year in Canada the average interest rate for a 25 year fixed mortgage hit a record low multiple times falling below 1%. No one knows for sure how low the rates will go or how long the rates will stay this low, which is why many people have a lot of incentive to act and buy a home. So what will continue to drive buyers in 2021 is this feeling of urgency. Another big reason why we anticipate many homes to be sold this year is the fact that so many of us are working from home. Working from home has been a big change for many businesses, and many workers are leaving the big cities in order to work remotely in smaller communities. People really don’t need to be all that close to the office anymore which has created a surge in the number of people pursuing ownership instead of renting.   The desire for additional outdoor space. As mentioned before many people from the big cities are seeking smaller communities. This time that they’ve spent at home has made people have a desire for more room in the home space where they spend so much more of their time. Lockdowns and stay-at-home orders really feed the desire and people to seek bigger spaces for themselves and their families.   People know that they’re able to avoid renovations by buying a new home. A lot of people would rather buy a new home free of issues than put in the effort to do renovations to fix and pay for problems with electricity or plumbing. With such high demand currently, It’s often the case right now that many sellers are able to skip renovations before selling so they see buying a new home as an easy out to their issues. Many homeowners would prefer to prioritize buying over renovating because it's convenience.   New home construction. Also, generally like people will look at new home construction right now, as we're in a very competitive market and there is little to no competition in the new home construction market.  New home construction also lets you customize what you’re getting. Will 2021 be another record year in Ontario and Sarnia Lambton for real estate sales? That has yet to be seen. But if you need to sell our team is here waiting for you. Give us a call today at 519-331-3746 and remember to put Sean on Your Lawn. ### [How to Find Reliable Tenants](https://www.sarniaproperty.com/blog_read/how-to-find-reliable-tenants)   When you purchase a rental property you want to make sure you find reliable tenants. But what can landlords do to make sure their tenants meet their criteria?   How to Find Reliable Tenants     When buying a rental property you may inherit tenants who have been living in the unit prior to the sale or you may have to find new tenants to move in.   If you have purchased a property, and the property needs to be vacated, you’ll have to go through legal processes in order to legally vacate the property.   This will include giving the current tenants notice and strictly following legal procedures. But if you bought a rental property that’s empty you have a different problem, which is finding new tenants. And the search can be a little bit intimidating.   Someone else is going to be occupying a property that you own. Making sure that they will be respectful of you and the property, and their neighbours for that matter is very important. Nobody wants to have to go through an eviction process, so it’s best to start things off immediately on the right foot. To protect your own interests and those of your tenants you should keep these tips in mind.   Confirm their employment and more. You need to know that they are employed and that they can pay the rent. But they need to be able to pay off their utilities, and other debts. You will want to confirm how much they earn a month and what debts they have to pay off on a monthly basis.   Will need to know how long any potential tenant has been working at their place of employment. If they’ve just begun a new job, ask why they left their last position and how long they worked there.   Be sensitive to personal situations. Everyone was thrown a curveball with the COVID-19 situation. Just do your best to differentiate between legitimate reasons and legitimate concerns.   2. Check Their Credit Next you should also have a credit check performed on them. If this seems too intense for you, ask them to go through a free service like Borrowell, which can provide a credit score report that doesn’t actually affect the credit score of your potential tenant.   3. Follow up with References Also make sure to check the contact info of previous landlords. Some tenants may give false contact info and get a friend that pretends to be a past landlord in order to give them a glowing testimonial. Do a little googling or Facebook searching to see if they look legitimate.   4. Listen to Your Intuition And finally, this isn’t meant to be offensive but you do need to have your BS detectors on. Sometimes, things people say, or explanations they give just don’t add up.   But through conversation, you’ll get a good idea of how they’ll be as your tenant. So it’s critical to ask intelligent questions, ask them to respond to hypothetical situations, and get a feel for them as individuals.   You need to have a real conversation with your potential client tenants. Ask lots of questions, and don’t be afraid to be a little skeptical if something seems off.   If you’re looking for a rental property, The Blue Coast Team is here to help you find your first, second or 10th rental property and help it go as smoothly as it possibly can. Going through an experienced Realtor means letting someone else do this work for you, as Realtors are often approached by renters looking for quality properties to rent. ### [Why Real Estate Experience Matters](https://www.sarniaproperty.com/blog_read/why-real-estate-experience-matters) When it comes to choosing a Realtor, why does their real estate experience matter? For buyers and sellers, having a realtor at their side to help them through unfamiliar waters and difficult decisions is a great idea.   Much like captains who guide their ship through rough waters, interpret the weather, and know where the rocks are hidden just below the surface, your realtor is here to guide you.   This is Why Real Estate Experience Matters.     Realtors give you guidance and advice on the trends we see in the market, how to respond to specific offers, and insights on many relevant topics.   It’s nice to be able to let somebody else handle the tough stuff, especially the legal work in the real estate process.   We have a pretty competitive market in Sarnia-Lambton and choosing the right Realtor can be difficult. So, what kind of qualities or skill sets should you be looking for in a Realtor? Are all Realtors ultimately the same?    Or are there important differences between how Realtors interact with clients, how they communicate, the steps they take to market homes, and the amount of effort they put in to get results?   Our clients know the value of their choice of Realtor and their experience. Our clients know that we’re absolutely dedicated to our career in real estate.   They know that this is not a part-time gig. We’re fully immersed in the world of real estate, always looking for ways to make our client experience better.   Some Realtors may have other full-time jobs that they attend to, which means they have less attention given to their clients.   If you need to get a hold of your realtor immediately, are you confident they can get back to you at a moment's notice?   When buying or selling, you need an agent who’s available for you and able to advocate for you, not just themselves.   When my clients hire me, for example, they know that I bring with me 16 years of experience to the table. This means hundreds of transactions in every type of home you can think of and almost every kind of situation.   I’ve successfully dealt with the good, the bad, and the ugly in the world of real estate, and have gained my clients’ trust and approval, which is reflected in our 5-star reviews, and testimonials.   Life experiences shape Realtors. Looking at the Blue Coast Team, we bring a unique synergy through diverse work experiences, education, expanding skillsets, and interests. The experience we bring truly matters. ### [March 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/march-2021-housing-market-update)     There were 322 active listings in March, and 188 sold, totalling around $88.6 million dollars in sales volume, compared to March 2020 where we had 139 sold and around $47 million in sales volume.   With around 8 median days to sell vs 12 median days to sell in March 2020, the average sale price was around $476 thousand dollars, vs $355 thousand in March 2020, which is a 34% increase in price.   16 homes sold for under $200,000. 70 homes sold in the $200,000 - $400,000 dollar price range. 48 homes sold in the $400,000 - $600,000 thousand dollar price range. 50 homes sold above $600,000 dollars.   37% of those sold were in the $200 thousand to $400 thousand price range.   There were 14 more homes on the market in March than in February, and the number of sales increased by 35.                 Stat breakdown by area:    ✅ Point Edward had no home sold and there is 1 active listing currently.   ✅ College Park had 4 homes sold, and their average sale price was 576 thousand dollars, and there are zero active listings.   ✅ Sherwood Village saw 5 homes sold, and they had an average sale price of $369.5 thousand dollars and there is 1 active listing.   ✅ Heritage Park had 1 home sold, having a sale price of $850 thousand dollars and there is 1 active listing.   ✅ Coronation Park and the Tree Streets had 9 homes sold, having an average sale price of $357 thousand dollars and there are 2 active listings.   ✅ Cardiff Acres had 3 homes sold, having a sale price of $305 thousand dollars, and currently, there is 1 active listing.   ✅ Guthrie Park had 4 homes sold, having a sale price of $402 thousand dollars, and there are zero active listings.   ✅ High Park had 3 homes sold, averaging 406 thousand dollars in price, and there are 3 active listings.   ✅ Sarnia’s Northgate Area saw lots of sales, with 14 homes sold. It had an average sale price of $290 thousand dollars, and there are 3 active listings there right now.   ✅ Downtown Sarnia, including condos, saw 9 properties sold, having an average sale price of $366 thousand dollars and there are 9 active listings.   ✅ Mitton Village saw 6 homes sold, and their average sale price was $333 thousand dollars. There are 2 active listings currently.   ✅ South Sarnia lots of action, with 12 homes sold, with an average sale price of $269 thousand dollars and you’ll see 8 active listings there.   ✅ The Rapids Parkway saw 10 homes sold, having an average sale price of $647 thousand dollars and there are 5 active listings.   ✅ Twin Lakes had 5 homes sold, having an average sale price of $613 thousand dollars. And you’ll find 4 active listings there.   ✅ Wiltshire Park had 5 homes sold, having an average sale price of just above $456 thousand dollars and there are zero active listings.   ✅ Woodland Park & Oak Acres had 2 homes sold, having a sale price of $613 thousand dollars and there are 5 active listings.   ✅ Woodrow Beach, Wees Beach & Oakwood Corners had 5 homes sold, having an average sale price of $638 thousand, and there are 2 active listings.   ✅ The Blackwell area of Sarnia saw 4 homes sold, having an average sale price of $794 thousand and there are 4 active listings.   ✅ Bright’s Grove saw 12 homes sold, having a sale price of $644 thousand and there are 2 active listings.   ✅ Plympton-Wyoming saw 10 homes sold, with their average sale price being $654 thousand dollars and there are 15 active listings. ✅ St. Clair Township saw 13 homes sold, having an average sale price of $416 thousand dollars and there are 12 active listings.   ### [5 Tips for Maximizing Curb Appeal](https://www.sarniaproperty.com/blog_read/5-tips-for-maximizing-curb-appeal)   When people decide to sell their home they often focus on the inside, doing renovations, decluttering, and organizing. But with spring's arrival, this is a great time to think about making the outside of your home as attractive as possible.   Five Tips for Maximizing Your Home’s Curb Appeal     Landscaping First, let’s look at landscaping. Springtime, from mid-April to mid-May, is a great time to seed your lawn.  This is also a great time of year to prune your shrubs and start planting flowers. And get rid of any leaves you missed in the fall.   Driveway   You should also look at the state of your driveway. If there are stains on your driveway or clear signs of weathering, you might want to look into resealing your driveway. This can really improve its appearance.   Lighting Next, you want to think about lighting. Showings often happen in the evening, so you want your home to be well lit. Think about choosing a bright porch light, and if you have a garage you could install a few lights above it. You could also get a few lights on your lawn pointing towards the front of your house to make it really pop out.   Seasonal Decor Adding some seasonal decoration is also a great idea. If you have chairs or wreaths for your door or garden decorations, now is a fantastic time to put them out.   Paint And finally, you may want to paint your home. If your paint is peeling and outdated, your home will repel buyers.  You can make a great first impression by choosing an attractive popular colour that catches the eye and shows at first glance that this home has been taken care of. So in closing, you really want to get into the mind of the buyer. You would want to see a home that is attractive, well-kept, fresh, and inviting. A home with real curb appeal. If you’re looking to sell and you’re interested in having some more ideas for increasing the curb appeal of your home call Amanda today at (519) 330–4338. ### [The Pros and Cons of Buying a Brand New House](https://www.sarniaproperty.com/blog_read/the-pros-and-cons-of-buying-a-brand-new-house)     If you were to make a guess, would you say that homebuyers prefer newly built homes or existing homes? Polls show that around 40% of homebuyers favour having a new home built, and 60% prefer an existing home. There are clearly a lot of great things about a brand new home. There’s something exciting about the idea of living somewhere new that no one‘s ever lived in before, and the amount of customization and choices, from flooring to paint colours, which are installed directly by the builder.       And for people who are fans of modern layouts and styles, newly built homes feature big kitchens, impressive en suite bathrooms and spacious walk-in closets.   The fact is that since everything has been freshly built you won’t need to renovate anything for some time, and you’ll have new appliances, a new furnace, a new roof, and a new water heater and this should all last a long time.   And since everything will be new, you’ll get the latest and greatest in energy efficiency which means lower utility bills.   Sounds pretty great, doesn’t it? But there are a few downsides.   Lack of mature trees For one, when you move to a neighbourhood that’s been freshly built, you’ll notice that there aren’t a lot of trees, as the area needs many years to mature.   High costs to upgrade Another thing people may take issue with is the high cost of upgraded features. You’ll be given the option of having a base model with the option of getting add-ons, but this can be costly.   More expensive than similar homes And speaking of cost, brand new homes can cost up to 20% more than a similar existing home. With that 20%, you could use that money for investments or renovations for an existing home.   Distance from amenities Another potential con could be the distance from amenities. Since new neighbourhoods are usually built at a distance from schools or grocery stores, commute times and gas prices can add up.   Construction You also may be living in a constant construction zone for some time, which can be inconvenient and annoying.   And finally, many people consider new homes to have less charm than older homes or character homes. But if you’re someone who loves ultra-modern style and that shouldn’t be an issue at all.   Need help finding a great home in Sarnia-Lambton? Email Melissa today at melissa@bluecoastteam.com. ### [The Effect of Good and Bad Photography in Real Estate](https://www.sarniaproperty.com/blog_read/the-effect-of-good-and-bad-photography-in-real-estate)   For most of the real estate’s long history, real estate photography was virtually nonexistent. Nowadays, with the Internet, e-mail, the MLS, and social media, you could say that professional real estate photography is the most powerful marketing tool at a Realtor’s disposal.   The reason for this is obvious, photography is usually the very first thing buyers see when viewing homes online. Homes that use high-quality professional photography tend to sell for more than homes that don’t.   That being said if your realtor uses listing photos that look like garbage you might want to consider finding a way out of the contract with them.   Today, we’re looking at The Effect of Good and Bad Photography in Real Estate.       First, does it look like their photos were taken by a professional or on a cellphone? Your realtor should be hiring someone to make sure that the photography looks immaculate.   Next, let’s think about how well the rooms that have been photographed look. Without like you can’t see anything in the house. In order to visualize themselves living in the home, they’ll need to see it close to how it actually looks. Using a combination of natural and artificial lighting and flash leads to a vibrant and sharp photo.   And photographers should know not to use built-in flashes since proximity to your camera's lens can create unattractive dust that reflects and shows up as white flecks in the photography.   If your Realtor’s choice of photography consistently leaves you scratching your head about their choice of angles or photo framing you’ll want to consider finding someone who can do it right.    Photographers need to be able to identify what’s important in each area and room and know how to make it attractive.   See if your realtor’s photography looks like it’s been tidied up. Realtors should give sellers lots of time to prepare their home while giving ideas for making it look as attractive as possible.   The Blue Coast Team uses professional in-house photography to make your home look its best. And we promise you the quality of our photography will help get you results when selling. ### [5 Sources of Down Payment Money](https://www.sarniaproperty.com/blog_read/5-sources-of-down-payment-money)   A bigger down payment means paying off less interest over time, and a shorter mortgage term. Making a larger down payment is in the buyer's best interests. But most people don’t know how to access, find or save nearly as much down payment funds as they’d like.   Here are 5 Secret Sources of Down Payment Money.     Many buyers have a treasure trove of down payment resources at their disposal, hidden in plain sight, which can be used for a down payment.   First, there are your budget's biggest line items. Everyone needs a budget to be successful with money. If you don’t have one, make one. When you have your budget, you need to identify any expenses you can cut or reduce.   Seemingly small daily or monthly expenses can add up big time. For instance, eating out daily, at 20 bucks a day could easily cost you five grand over a year.... And that’s just one cost.   Redirecting the dollars you would normally spend for some of these big-ticket items back into your down payment savings account is like pressing fast forward on your home buying timeline.   Second, let’s look at your stuff. When you need to save money, there are really only two levers you can pull: you can spend less, or you can make more.   Selling stuff you don't really use is a relatively painless way to make more money to put toward your down payment. People commonly sell RVs, cars, motorcycles, electronics, antiques, or hobby-related items, gaining lots of extra cash to put on their down payment.   Third, you can work more. You can make use of your skills and time to earn more money. Working more means earning more, and saving more to put towards your down payment.   Watch any Dave Ramsey video, and he’ll let you know how valuable it can be working more during certain periods of your life to save extra money and meet goals. Making sacrifices in the short to medium term can give your long-term goals a big boost.   Fourth, you can get help. You might be able to get help from parents, family or friends. Loans from family or friends are a bad idea; they are damaging to relationships, and it just makes things weird.   But if someone is in a solid financial situation and is able and happy to provide a cash gift to help you with a down payment, this can be extremely helpful. Just make sure they write a letter stating the money was a gift for your home purchase, and that it was not a loan. And fifth, you might be able to use your assets. Some retirement accounts allow you to borrow against or pull out funds, penalty-free, to apply them toward your down payment on a home.   For example, first-time home buyers purchasing a principal residence can take $35,000 out of an RRSP to put toward a down payment, which needs to be repaid within 15 years - or else you have to claim 1/15 of it in income each year. The repayment amount is listed on your notice of assessment. If you’ve sold a home, and waited 5 years, you can use your RRSP once again.   So, to access the 5 Secret Sources of Wealth, you need to look at your budget and cut out what you don’t need, you can sell the thing you don’t need, you can work more, you can ask friends or family for a gift, or you could access your assets. ### [April 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/april-2021-housing-market-update)     There were 346 active listings in April 2021, and 216 sold, totalling around $100 million dollars in sales volume, compared to April 2020 where we had 85 sold and around $29 million dollars in sales volume. April had an average of 16 days to sell vs 28 in April 2020.   The average sale price was around $467,000 dollars, vs $352,000 in April 2020, which is a 33% increase in price.     13 homes sold for under $200,000. 98 homes sold in the $200,000 - $400,000 dollar price range. 55 homes sold in the $400,000 - $600,000 thousand dollar price range. 46 homes sold above $600,000 dollars.   37% of sales were in the $200,000 to $400,000 price range.   There were 14 more homes on the market in March than in February, and the number of sales increased by 35.       Stat breakdown by area:    ✅ Point Edward had 1 home sold for $505 thousand dollars, and it has 1 active listing. ✅ College Park had 1 home sold for $550 thousand dollars, and there is 1 active listing. ✅ Sherwood Village saw 5 homes sold, and they had an average sale price of $348 thousand dollars and there is 1 active listing. ✅ Heritage Park had 1 home sold, having a sale price of $635 thousand dollars and there are 7 active listings. ✅ Coronation Park and the Tree Street area of Sarnia had 9 homes sold, having an average sale price of $355 thousand dollars and there are 2 active listings. ✅ Cardiff Acres had 6 homes sold, having a sale price of $309 thousand dollars and currently, there is 1 active listing. ✅ Guthrie Park had 2 homes sold, having a sale price of $526 thousand dollars, and there are 3 active listings. ✅ High Park had 11 homes sold, averaging 342 thousand dollars in price, and there is 1 active listing. ✅ Sarnia’s Northgate Area saw lots of sales, with 14 homes sold. It had an average sale price of 329 thousand dollars, and there are 3 active listings there right now. ✅ Downtown Sarnia, including condos, saw 7 properties sold, having an average sale price of $296 thousand dollars and there are 3 active listings. ✅ Mitton Village saw 6 homes sold, and their average sale price was $333 thousand dollars. There are 2 active listings currently. ✅ South Sarnia lots of action, with 16 homes sold, with an average sale price of $220 thousand dollars and you’ll see 9 active listings there. ✅ The Rapids Parkway saw 9 homes sold, having an average sale price of $747 thousand dollars and there are 2 active listings. ✅ Twin Lakes had 6 homes sold, having an average sale price of $729 thousand dollars. And you’ll find 2 active listings there. ✅ Wiltshire Park had 5 home sold, having an average sale price of just above $505 thousand dollars and there are no zero listings. ✅ Woodland Park & Oak Acres had 9 homes sold, having a sale price of $488 thousand dollars and there are 5 active listings. ✅ Woodrow Beach, Wees Beach & Oakwood Corners had 5 homes sold, having an average sale price of $616 thousand, and there are 2 active listings. ✅ The Blackwell area of Sarnia saw 5 homes sold, having an average sale price of $1.17 million dollars and there is 1 active listing. ✅ Bright’s Grove saw 8 homes sold, having a sale price of $643 thousand and there are 7 active listings. ✅ Plympton-Wyoming saw 14 homes sold, with their average sale price being $412 thousand dollars and there are 15 active listings. ✅ St. Clair Township saw 33 homes sold, having an average sale price of $472 thousand dollars and there are 17 active listings.   ### [A Common Seller Mistake That Can Cost Thousands](https://www.sarniaproperty.com/blog_read/common-seller-mistake)   Your home sale is too important to mess up. But there is one avoidable thing sellers often do that costs them on their home sale.        Many sellers make a big mistake when it comes to their first offer. A mistake that can cost them thousands. Something we see quite often is that after listing their home, sellers receive an offer at the asking price, only to reject the offer.   Their logic is that since they had an offer so quickly, then surely they will receive a bigger one if they wait it out. What we see often is that the first offer is the best offer you will receive.   Failing to really consider the first offer can be a huge mistake. The first offer normally comes from buyers with higher motivation. They were quick to jump on the home and eagerly want it.    If you ignore the offer, there’s a chance you may be gambling with the sale of your home. We’ve seen it where the first offers that were presented, at above-asking price, were rejected and the home sat for a totally unnecessary amount of time before coming off the market.   In 2021, we’re experiencing many multiple offer situations, but the principle remains the same; don’t overlook the first offer. Our team will help you analyze every offer you receive and we’ll give you our professional opinion to help you make the most informed decision on how to proceed. ### [7 Ways to Sabotage the Sale of Your Home](https://www.sarniaproperty.com/blog_read/7-ways-to-sabotage-home-sale)   When it comes to selling a home, sabotage - especially self-sabotage - is the worst thing that can happen. Luckily, if you know what to look out for, sabotage is largely avoidable.   Let's look at some of the main things that sabotage a home sale.   1. Not knowing the local market. Without comparable properties to price your home, you may overprice or underprice it. So it could either sit for long periods of time or pull in less money than it could have. When you work with our team, we’ll keep track of the neighborhood stats for you.   2. Overlooking easy fixes before an appraisal. When you proactively fix issues, you don’t need to rush when it’s home inspection or appraisal time. Making low-cost updates throughout your home can have a big impact, and keep a record of all renovations.   3. Holding onto clutter. If you’ve been horrified by the TV show hoarders, you probably have a good idea of what others might feel seeing your home cramped with clutter and junk. It’s not a pretty picture. Donate and get rid of as much clutter as possible.   4. Poor quality photography. Photos give buyers their first impression of your home. Professional photography is hands-down the best way to give a positive first impression.   5. Weak marketing strategy. Unless you're working with a Realtor who has a strong online presence, you’re missing out on reaching tens of thousands of potential buyers.    The Blue Coast Team uses the most comprehensive marketing strategy in Sarnia-Lambton, reaching anywhere from 50,000 to 120,000 people per campaign, and that just from our online reach. When it comes to getting you results, reach makes a huge difference.   6. Selling your home yourself. Without the help of an agent, FSBO sellers are blind in a lot of ways. They have no clue how to price their home, no market insight, no idea how to do the paperwork or negotiate. Homes sold using a realtor make back more money than FSBOs and cover commissions at the same time. That’s less work for you and more money in your pocket.   7. Life. It could be buyers getting cold feet or having a change of heart, or some unexpected life event happens. In any case, the seller has minimal control over these things and most of the responsibility is on the buyer.   The great thing is, that most of these things that sabotage the sale of your home actually are under your control. Start your selling process off right by giving our team a call today! ### [May 2021 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/may-2021-hmu)        May had 370 listings active and 221 sold for a total of around $102 million in sales volume. Compare this to May 2020 where we had 121 sold homes that totaled just under $41 million dollars in revenue.   May had an average of 14 days to sell, vs last May where it took an average of 26 days to sell. The average sale price was around $467 thousand dollars, vs $348 thousand in May 2020, which is a 34% increase in price.   45% of those sold were in the $200,000 to $400,000 price range, and the average listing price was $453 thousand dollars.   8 homes sold for under $200,000. 92 homes sold in the $200,000 - $400,000 dollar price range. 66 homes sold in the $400,000 - $600,000 thousand dollar price range. 52 homes sold above $600,000 dollars.     Stat breakdown by area:      ✅ Point Edward had 2 homes sold, having an average sale price of $285 thousand dollars, and it has zero active listings.   ✅ College Park had 2 homes sold for $480 thousand dollars, and there are zero active listings.   ✅ Sherwood Village saw 4 homes sold, and they had an average sale price of $446 thousand dollars and there is 1 active listing.   ✅ Heritage Park had 3 homes sold, having an average sale price of $580 thousand dollars and there are 10 active listings.   ✅ Coronation Park and the Tree Streets had 10 homes sold, having an average sale price of $375 thousand dollars and there are 2 active listings.   ✅ Cardiff Acres had 6 homes sold, having a sale price of $380 thousand dollars and currently there is 1 active listing.   ✅ Guthrie Park had 2 homes sold, having a sale price of $450 thousand dollars, and there are 2 active listings.   ✅ High Park had 8 homes sold, averaging 360 thousand dollars in price, and there is 1 active listing.   ✅ The Northgate Area saw lots of sales, with 8 homes sold, having an average sale price of 365 thousand dollars, and there are 6 active listings there right now.   ✅ Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of 263 thousand dollars and there are 4 active listings.   ✅ Mitton Village saw 5 homes sold, and their average sale price was $313 thousand dollars. There are 5 active listings currently.   ✅ South Sarnia had some great action 19 homes sold, with an average sale price of $305 thousand dollars and you’ll find 4 active listings there.   ✅ The Rapids Parkway saw 3 homes sold, having an average sale price of $770 thousand dollars and there are 1 active listing.   ✅ Twin Lakes had 8 homes sold, having an average sale price of $688 thousand dollars. And you’ll find 1 active listing there.   ✅ Wiltshire Park had 3 homes sold, having an average sale price of just above $600 thousand dollars and there are 2 active listings.   ✅ Woodland Park & Oak Acres had 14 homes sold, having a sale price of $450 thousand dollars and there are 4 active listings.   ✅ Woodrow Beach, Wees Beach & Oakwood Corners had 8 homes sold, having an average sale price of $600 thousand, and there are 3 active listings.   ✅ The Blackwell area saw 3 homes sold, having an average sale price of $1.3 million dollars and there is 1 active listing.   ✅ Bright’s Grove saw 11 homes sold, having a sale price of $595 thousand and there are 6 active listings.   ✅ Plympton-Wyoming saw 9 homes sold, with their average sale price being $690 thousand dollars and there are 18 active listings. ✅ St. Clair Township saw 25 homes sold, having an average sale price of $490 thousand dollars and there are 25 active listings.   ### [How to Help Your Children Buy a Home](https://www.sarniaproperty.com/blog_read/how-to-help-your-children-buy-a-home)     Buying a home can be challenging in today's market. And a lot of young people who are really eager to buy a home, are now finding it difficult to break into the market, with rising real estate and rent prices.   The cycle can be vicious. You want to build equity as a homeowner, but you need to first save enough money for a down payment and closing costs. But a big chunk of your income goes towards rent, so your savings are limited. What are young buyers to do?   For parents who are able to give their children a boost, we’d like to give you some ideas for how to help your children buy a home in Sarnia-Lambton.       Parents who are in a good financial position can assist their children with finances. This could mean parents covering the mortgage for their children, and charge very little interest on the home.   The most common option, though, is parents providing their children with a gift to help with the down payment and legal fees.   If the children have a less-than-ideal credit history, but can still afford to buy a home, parents have the option to co-sign the mortgage. This helps to improve their credit rating and qualify for more desired terms.   Remember though, co-signing is a risk, and you need to have serious trust in your children to go this route because the parent is on the line.   Another interesting option is to purchase a home as a parent and rent it back to the child at a rate that is much more affordable than they would find elsewhere.   As time goes on, you can save their rent money and gift it back to them, while they use the additional cash they’ve saved while renting from you to purchase the home for themselves.   Other times, children might just need a boost early on covering expenses. This could mean letting them live at home for a time rent-free, under the condition that they save their money relentlessly with minimal expenses.   All in all, there are many ways you can help your child purchase a home in Sarnia-Lambton in today's market. But always make sure you can afford it. Don’t be dipping into your retirement savings. Always keep your own self-interest in mind. ### [Questions You Must Ask Before Buying a Home](https://www.sarniaproperty.com/blog_read/questions-you-must-ask-before-buying-a-home)   Buying a home is one of the biggest decisions you will make in your lifetime. Whether it's for yourself or as an investment, there are many questions that you must ask and things to look into before accepting a deal. Let's go over Questions Must You Ask Before Buying a Home.       What is your budget? Vague assumptions won’t do, which is why we always recommend our buyer clients get pre-approved. Your budget should include closing costs, property taxes, homeowners insurance, homeowners association dues, ongoing home maintenance, and renovations.   Why is the seller moving? Knowing why they are moving can indicate their level of urgency for the sale, which affects the caliber of negotiation that you can bring to the table. Motivated sellers will typically be quicker to make a deal.   What work have they done on the house? Ask for the original manufacturer warranties on any appliances or systems that have been replaced. And it can be a great idea to get a home inspection done to know the state the home is in. You don’t want to move in just to find out you need to fork out thousands of dollars to replace the roof or other big fixes.   What’s included in the sale of the home? While there are exclusion and inclusion boxes to tick, so always double-check if these items will stay or not before signing on to buy your new house.   These are only some of the dozens of questions we ask for our buyer clients. Make sure to educate yourself on the home and neighbourhood and other key things. ### [Building a Pool vs Buying a Home with One](https://www.sarniaproperty.com/blog_read/building-vs-buying-pool)   Summers in Sarnia-Lambton are hot and nothing is more refreshing than having a pool ready for you and your family to relax in. But if you don't have a pool, and would like a nice in-ground one, you are faced with a dilemma.   Should you build one in your backyard, or buy a home with an existing pool?       If a pool is an important feature to you, it’s important to sit down and really understand the financial implications of buying a house with a pool, or adding one later. Go over the numbers and understand how costly the investment will be.   Option #1 is buying a home with a pool.   A pool is like any other part of your house: appliances, the roof, or the HVAC system. It wears over time. A pool will need more maintenance and eventually, it will need to be replaced. Houses with old pools are going to be cheaper than new ones because they are worth less money. You need to think about the long-term implications of owning this type of pool. If you agree to buy the house, it is recommended to have a separate inspection of the swimming pool. An inspection will check the pool's decking, pool surface, electrical systems, pump, age, and condition, ensuring you know the state it is in before you buy the home. If the pool tile is old or the deck is cracked, you may need to get estimates from a pool company. When you have all the info you need you can decide if buying an existing house with a pool is a good deal.     Option #2 is building a pool (now or later).   A common problem happens when people find the perfect house, but it lacks a pool. They promised themselves that they would add it in the future, but when they get home and start pricing pools, they see how expensive it will be. The truth is that installing an in-ground pool can be expensive.   But while in-ground pools vary from reasonably low to very high in price, companies have gone to great lengths to make pool ownership more affordable so that people who are on tight budgets or those who don't want anything too large will still be able to access this fun activity.   There are fiberglass pool shells available, often costing a minimum of ten thousand dollars, or you could have the familiar concrete or gunite pools, which are around fifty thousand dollars minimum.   If you’re looking to buy a house that has no pool currently, but want one later on down the line - and don't mind spending money now - then make sure that before even putting in an offer for your dream home, you get quotes from several different companies who specialize in pools.   Once they know what kind of vision and size range you're after, they'll be able to give a much more accurate estimate as far as how much it will cost "someday" when actually installing the pool itself.   If you're looking to get an in-ground pool, and aren't sure which option is the best for you, talk to any of us at The Blue Coast Team today! ### [June 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/june-2021-housing-market-update)   June had 374 listings active and 191 sold, totaling just above $96 million in sales volume.   Compare this to June 2020 where we had 197 sold homes that totaled just above $74 million dollars.   June had an average of 14 days to sell, versus last June where it took an average of 24 days to sell.   The average sale price was around $513 thousand dollars, vs $385 thousand in June 2020, which is a 33% increase in price.   34% of those sold were in the $200 thousand to $400 thousand price range, and the average listing price was $493 thousand dollars.     Point Edward had 3 homes sold, having an average sale price of $331 thousand dollars, and it has 1 active listing.   College Park had 3 homes sold for an average of $594 thousand dollars, and there is 1 active listing.   Sherwood Village saw 8 homes sold, and they had an average sale price of $493 thousand dollars and there are 2 active listings.   Heritage Park had 2 homes sold, having an average sale price of $653 thousand dollars and there are 10 active listings.   Coronation Park and the Tree Streets had 8 homes sold, having an average sale price of $381 thousand dollars and there are 3 active listings.   Cardiff Acres had 4 homes sold, having a sale price of $312 thousand dollars and currently there are 3 active listings.   Guthrie Park had 8 homes sold, having a sale price of $480 thousand dollars, and there are no listings.   High Park had 2 homes sold, averaging $357 thousand dollars in price, and there are no active listings.   Northgate saw lots of sales, with 7 homes sold, having an average sale price of $378 thousand dollars, and there are 6 active listings there right now.   Downtown Sarnia, including condos, saw 7 properties sold, having an average sale price of $431 thousand dollars and there are 5 active listings.   Mitton Village saw 6 homes sold, and their average sale price was $310 thousand dollars. There are 3 active listings currently.   South Sarnia had  10 homes sold, having an average sale price of $277 thousand dollars and you’ll find 5 active listings there.   The Rapids Parkway saw 2 homes sold, having an average sale price of $803 thousand dollars and there are 2 active listings.   Twin Lakes had 2 homes sold, having an average sale price of $681 thousand dollars. And you’ll find 4 active listings there.   Wiltshire Park had 6 homes sold, having an average sale price of $550 thousand dollars and there are 3 active listings.   Woodland Park & Oak Acres had 9 homes sold, having a sale price of $500 thousand dollars and there are 7 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 9 homes sold, having an average sale price of $835 thousand, and there are 6 active listings.   Blackwell had 3 homes sold, having an average sale price of $610 thousand dollars and there is 1 active listing.   Bright’s Grove saw 7 homes sold, having a sale price of $720 thousand and there are 6 active listings.   Plympton-Wyoming saw 17 homes sold, with their average sale price being $900 thousand dollars and there are 8 active listings.   St. Clair Township saw 29 homes sold, having an average sale price of $430 thousand dollars and there are 21 active listings. ### [The 5 Top Home Buyer Turn-Offs of 2021](https://www.sarniaproperty.com/blog_read/the-5-top-home-buyer-turn-offs-of-2021)   Don't turn away potential buyers unnecessarily: Here are The 5 Top Home Buyer Turn-Offs of 2021!       1. Cluttered, dirty or "fragrant" homes Be sure to put laundry and dishes away, care for your countertops, and organize your mail and office work. Vacuum and mop the floor, and give your dog a bath if it needs one. Empty litter boxes as well as use an inviting candle scent of air freshener.   2. Overpriced homes Yes, we're currently in a seller's market, but overpricing can be a real irritation for buyers, who would be otherwise willing to buy. If buyers can tell that a seller is clueless about the current market and price point, they will often skip that listing. If they like it, they may just wait for the home to have a price reduction.   3. Deceptive listing descriptions or pictures When a buyer feels manipulated, however unintentionally, they can't help but wonder if they should trust you with anything. Buyers want honesty from you - be upfront about any negative or challenging features and stick to its pros.   4. Bad home improvements Buyers are often put off by do-it-yourself cosmetic home renovations, particularly when they counter a buyer's desired style. You should consult with a broker or agent in the area before investing in pre-sale remodeling. Instead of investing $40,000 on an unattractive kitchen, they might encourage you to update appliances or have the cabinets painted instead. Simple fixes can go a long way.   5. No photos or bad quality listing photos Without professional photography, buyers are less likely to be interested in the home online. Photography is usually the first point of contact with a listing, so if it is bad or nonexistent, the seller is going to be cut short. ### [Juggling Buying & Selling at the Same Time](https://www.sarniaproperty.com/blog_read/juggle-buying-selling)   Buying a home is no easy task. It takes a lot of time, money, and energy to find the perfect property for your needs. Selling your current home can be equally as difficult - especially if you’re trying to do it while buying another one at the same time.   Here are some tips on how to manage this process more efficiently and effectively so that you’ll be able to buy and sell with ease.       1. Make a plan of action One of the first tips we give to our homeowners is a plan of action. Whether you need more money for a transition fund or dual mortgages, make sure your budget is accounted for.   One thing you can do is to meet with a professional to figure out the best time of year to enter the market. Put your home on sale when there are more buyers out looking, and get more coverage for selling it.   2. Update your home Next, we recommend updating your home and getting ready to stage it. This may include adding a fresh coat of paint to your home to make it "Sale Ready."   3. Rent the home out until it sells If your home is sitting on the market idly, you can always rent it out for short-term rentals. This way, you can cover your mortgage payments without having to come up with extra cash. Note that some communities have restrictions on short-term rentals, such as AirBnBs. Renting in the short to medium term until your home sells is much less likely to land you in hot water. If you have doubts, ask your Realtor or give a call to the city hall.   4. Bridge loans A common concern when taking on both a mortgage and selling your home is having enough funding to make it all work. A bridge loan can help alleviate this problem. A bridge loan is short-term financing used until a person or company secures permanent financing or removes an existing obligation. If you are considering going this route, make sure to plan ahead and consult with your bank before starting the process. There is always a lot of work that goes into preparing documents. Give the banker the time necessary to prepare everything.   Are you thinking about selling your current property and starting the process of finding a new one? Fill out our contact form today to get started -> https://www.sarniaproperty.com/contact-us <- or call me today at call us today at 519-331-3746 and remember to Put Sean On Your Lawn! ### [Buyer Feedback & Why It's Important](https://www.sarniaproperty.com/blog_read/buyer-feedback-why-its-important)   Choosing the right real estate agent for a home sale is important more than ever these days. Here at The Blue Coast Team, we'd like to bring to your attention one often neglected step we see many agents not doing - ask for feedback from buyers!     For homeowners looking to upgrade their living space in hopes of promoting a sale, it's important they first know why prospective homebuyers have turned them down.   The Blue Coast Team ensures feedback is acknowledged, discussed, and acted on if necessary.   When dealing with a buyer's agent, it is vital that the seller's agent communicates openly and frequently. We text, call or email every buyer's agent who visits our listings.   One of the most important aspects of real estate is gathering feedback after a showing - especially whether or not the home seems to meet their needs. We want to know what features they liked most, and what features caught their attention. Knowing what buyers like can give us perspectives we may have never considered and allow us to bring these to the attention of other buyers.   Knowing what buyers dislike can allow you to make changes. Sometimes these may have to be done rapidly but can be very worthwhile. Say we have half a dozen people who comment about the same negative feature. This can give us a chance to directly identify and potentially deal with these issues.   When changing things in your home before you sell it, make sure the little details are done right. By fixing these smaller issues before showing off your home to a buyer agent   When choosing which agent to work with, ensure they have a strong communication plan in place ahead of time to communicate with buyers and help you get top dollar for your home.   Feedback is incredibly important. If you want a team that does things right, give us a call today and it's time to come home to the Blue Coast. ### [5 Tips for Multiple Offers On Your Home](https://www.sarniaproperty.com/blog_read/5-tips-for-multiple-offers-on-your-home)     Everyone wants multiple offers when selling their home. But what can sellers do to make this a reality? Here are 5 tips to help you get multiple offers on your home.           1. Strategic pricing. You need to use the right pricing strategy when selling your home. Depending on what the market is doing, you may want to list higher, lower, or right at market value.   When selling your home, it is best to follow the latest market trends. You may want to list for higher prices in a slow economy or lower if you have an over-inflated price tag that isn't reflective of what people are willing and able to pay right now. Realtors will always recommend listing at a price that's competitive with other properties in your area.   2. Flexibility & Access you need to be a flexible seller in order to give buyers and sellers ample access. By allowing as many people into your home, you increase the chances of receiving multiple offers for it- which will make getting top dollar easier!   Sellers should trust their Realtor to keep their home safe during showings. It is best for sellers not to be present while the agent shows your property and these showings can happen VERY quickly in some cases. You want as many potential buyers through your house, so don't worry too much about selling it; you'll get a buyer eventually!   3. Beautification & Curb Appeal. Make your home beautiful, and show it off to the world. Put fresh flowers on every table in sight as well as keep a well-kept lawn outside of each window. Fix what's broken or needs some TLC for curb appeal. Powerwash any stains from driveways and fill in cracks so that everything looks its best at all times!   If you've done quality updates like an outdoor kitchen or patio furniture make sure they're marketed when people come by since these are features most potential buyers will be looking for once they see how great this property is!   4. Marketing & Buyer Reach Fourth, your home should be visible to the widest possible audience. A good Realtor will use a variety of ways like social media posts, radio ads, postcards, or Facebook live videos to get your property in front of potential buyers. Being tech-savvy could indicate that they have experience with marketing homes and can meet all of your needs!   The difference high-quality marketing makes in real estate is astounding. Hearing about a home on the radio, and being able to view the home through photos and videos, and see the property with drone shots all help draw people to your home.   Radio advertisements for homes may seem outdated in today's world of high-tech marketing, but the fact is, radio advertisements, especially those that launch during morning and evening commutes, reach tens of thousands of potential buyers every day! Never simply dismiss the classic ways of marketing your home.   5. Course Correction Fifth, When selling your home, it's important to watch the home's activity and the market in case you need to course correct. Just like in the game of Monopoly, when you have a home that's not selling and it seems stuck on one square for too long, your best option may be to reduce its asking price in order to attract more buyers.   If you've given everything else an honest try but nothing has worked out so far then consider adjusting your pricing strategy by lowering it just enough to tempt buyers who are looking at similar homes nearby. Just wait: this may be the move that finally leads them right into "Go." ### [How to Build Wealth Investing in Real Estate](https://www.sarniaproperty.com/blog_read/how-to-build-wealth-investing-in-real-estate)   Real estate has historically been one of the most reliable ways to build wealth. People are most familiar with the classic ways homes build wealth, that is, the desire for the home's value to increase over time. But there are other ways to help you meet your goals.   How to Build Wealth Investing in Real Estate       If you're an investor who wants to get started investing in real estate but doesn't know where to begin, this article will provide some tips for investing successfully. The most common ways of investing in real estate are active and passive. Active approaches include owning your principal residence, renting out a property, or home flipping. Passive investments entail REITs (real estate investment trusts), ETFs (exchange-traded funds), and mutual funds that invest in the real estate market as well. You might already be familiar with some of these methods while others may be entirely new to you.   Principal Residence The decision to buy a home is not just about the moment you enter your new front door. It’s also an investment that will grow and provide financial security for many years in the future! Homeowners have seen great increases in their wealth as their home values have risen. When renting, your money is paying someone else's mortgage. You can start saving more and build wealth in a primary residence.   House Flipping House flipping means taking an out-of-date or worn-down home and renovating and remodeling in order to sell it for a profit. Homes that haven't been kept very well may have many costly issues, so prepare to put some serious work into these fixer-uppers.   Rental Properties House flipping is a lot of work, so purchasing a rental property might be more your style. With an adequate down payment saved up, buying a rental can be a very profitable endeavor. With a rental property, you gain wealth in your home's equity every month as the tenants pay off the mortgage. Any extra rent leftover from your mortgage payment can be saved.   Vacation Property If you’ve got a great location, you might want to invest in a Vacation Property. This could mean owning and operating a bed and breakfast or even owning a motel/hotel, or cottage/cabin that you rent out. A cottage can be a great option, where you rent out the unit on the weeks your family won't be spending there, allowing others to essentially pay the mortgage for you. Canadians love their cottage time, and often shell out between $1000-$2000 a week to stay at a cottage. Say a mortgage on a cottage is $250,000 with a 25-year term, and a 3.5% interest rate, $3000 in taxes, a $1000 in insurance, your mortgage payment could be around $1,600. This means renting for a minimum of $1000 a week would still be profitable. This is best done with friends you know and respect. Unless you trust them to clean up, you'd better live close enough to be able to keep the place clean.   Pre-Sale Condo Assignments A pre-sale condo assignment is another option. This is when an investor buys a condo before it's complete, and sells the rights to it to a buyer. In these cases, the investor hopes the property increases in value over time as the buyer pays it off.   REITs Real estate investment trusts own and operate properties like shopping centers, offices, hospitals, and apartments. Publicly traded REITs can be invested in - in the same way shares of a company can be invested in. Most REITs trade on major stock exchanges, and they offer many benefits to investors.   Private Mortgages A private mortgage is a loan that one can get from friends, family members or even another business. In this case, you'll be the one loaning your money to a homeowner just like the bank would. Private mortgages usually allow you to charge a higher interest rate than a bank. But investing this way comes with the downside of potentially realizing why the banks turned the person down, to begin with.   Room Rentals If you have a separate entrance, or simply don't mind the company, renting a room or floor in your home could be a great way to make extra cash each month. Renting a room can be a great experience when renters are adequately screened. When not screened properly, real problems can arise. We hear unbelievable stories of room rentals gone wrong, and they are not pretty; from noise complaints to cleanliness to theft and threats. When letting anyone live with you, follow your gut feeling, and don't just think about the money. Make sure they are a match for your personality and get some character and employment references. Also, remember to pay attention to the bylaws in your area when renting.   Rent-to-Own Rent to own means having a property and renting it out, with a portion of the rent going back towards the tenant who is aiming to buy the home back. Note that the majority of rent-to-own plans don't go through for one reason or another. For the investor, this means the portion that was set aside usually returns to their pocket. Our team typically doesn't recommend rent-to-own, as the buyer usually gets the short end of the stick and the deals are usually one-sided.   Commercial Properties If you can muster up some big bucks for a sizeable downpayment you could buy an office building, a plaza, or a mall and rent out the spaces. Commercial properties tend to change ownership less frequently than residential property. But if you can in on a commercial property, you may find it to be lucrative. ### [July 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/july-2021-housing-market-update)   Are you interested in seeing Sarnia-Lambton's housing market trends for July 2021? Then you're in the right place! This is your July 2021 Housing Market Update for Sarnia-Lambton!     July had 364 active listings and 177 sold, totaling just above $86 million in sales volume. Compare this to July 2020 where we had 205 sold homes that totaled just above $81 million dollars.   July had an average of 17 days to sell, versus last July where it took an average of 25 days to sell. The average sale price was around $487 thousand dollars, vs $398 thousand in July 2020, which is a 22% increase in price.   38% of those sold were in the $200 thousand to $400 thousand price range, and the average listing price was $535 thousand dollars.    Point Edward had 3 homes sold, having an average sale price of $454 thousand dollars, and it has 1 active listing.   College Park had 2 homes sold for an average of $588 thousand dollars, and there are no active listings.   Sherwood Village saw 6 homes sold, and they had an average sale price of $444 thousand dollars and there is 1 active listing.   Heritage Park had 4 homes sold, having an average sale price of $655 thousand dollars and there are 7 active listings.   Coronation Park and the Tree Street area of Sarnia had 7 homes sold, having an average sale price of $361 thousand dollars and there is 1 active listing.   Cardiff Acres had 6 homes sold, having a sale price of $391 thousand dollars and currently there are 1 active listing.   Guthrie Park had 2 homes sold, having a sale price of $483 thousand dollars, and there is 1 active listing.   High Park had 3 homes sold, averaging $345 thousand dollars in price, and there are 2 active listings.   Sarnia’s Northgate Area saw lots of sales, with 9 homes sold, having an average sale price of $356 thousand dollars, and there are 4 active listings there right now.   Downtown Sarnia, including condos, saw 3 properties sold, having an average sale price of 402 thousand dollars and there are 7 active listings.   Mitton Village saw 5 homes sold, and their average sale price was $280 thousand dollars. And there are 2 active listings currently.   South Sarnia had 6 homes sold, having an average sale price of $273 thousand dollars and you’ll find 9 active listings there.   The Rapids Parkway saw 2 homes sold, having an average sale price of $714 thousand dollars and there is 1 active listing.   Twin Lakes had 4 homes sold, having an average sale price of $613 thousand dollars. And you’ll find 4 active listings there.   Wiltshire Park had 6 homes sold, having an average sale price of $463 thousand dollars and there is 1 active listing.   Woodland Park & Oak Acres had 9 homes sold, having a sale price of $500 thousand dollars and there are 6 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 5 homes sold, having an average sale price of $533 thousand, and there are 10 active listings.   Blackwell had 1 home sold, having a sale price of one million 800 thousand dollars and there are 2 active listings.   Bright’s Grove saw 7 homes sold, having a sale price of $830 thousand and there are 6 active listings.   Plympton-Wyoming saw 8 homes sold, with their average sale price being $666 thousand dollars and there are 15 active listings. St. Clair Township saw 17 homes sold, having an average sale price of $600 thousand dollars and there are 19 active listings.     ### [Don't Make These Furniture Buying Mistakes](https://www.sarniaproperty.com/blog_read/dont-make-these-furniture-buying-mistakes)   Are you planning on buying new furniture for your new home? Then you'd better make sure you Don't Make These Furniture Buying Mistakes!       Can't fit through the Door   It's a common mistake to purchase furniture that can't even be brought into your home. To avoid this, measure the dimensions of all doorways and angles before shopping for any piece of upholstered or heavy wood furnishings. They won't fit where you need them if they're too wide or long; they'll get stuck in corners because their lengths are greater than the widths between walls; and it could cause damage to both floors surfaces as well as carpets while trying to push them through tight spaces such as hallways with low ceilings   Scale   Trying to squeeze a large piece of furniture into your home can be more difficult than you think. Remember that an item's size will affect the way it looks in the room and if there is insufficient space, this could create problems when moving around inside or outside of your house - not just for yourself but also for those trying to get past! Before buying anything too big make sure to measure up beforehand so you don't end up with something which doesn't look right because it was bought without following these crucial steps. You need to know if the furniture is going to be getting in your way when maneuvering in your home, so understanding the scale of the space and furniture will save you lots of headaches.     Lifestyle Another issue is buying furniture without considering how those pieces will fit into your lifestyle. This can lead to big problems, especially for pet owners or parents. If you buy furniture that's not resistant to your dog jumping up on it or has sharp corners for your kids, you might regret the purchase.   Maintenance   In order to prevent unexpected headaches, it is important for you to know what maintenance will be needed in the future. If your lifestyle choices cause a lot of wear and tear on furniture- which they likely will- then knowing how much time or money that type may require upfront can help make smart decisions when selecting new items. Many people who buy furniture don't take into account all the necessary upkeep their purchase will need over its lifespan; this often leads them to be stuck with an item they are not happy with because cleaning or professional care has become too costly for them after only one year's use!   Impulse Buying And finally, the fifth mistake is buying on impulse. Don’t rush into buying, it almost always leads to regret. Rushing means all of the above issues are going to be even more pronounced. Imagine this: you're walking through a store, and you see something that catches your eye. The item is on sale for the first time ever! You rush to buy it before anyone else can snatch it up at such an amazing price--only to regret it later when they restock at full price just days later. This scenario happens all too often whenever we purchase items impulsively; which usually leads us into financial trouble or bad decisions in general with our money management skills as well as feelings of guilt after purchasing without really thinking about what's best for ourselves long term because rushing means not taking enough time to consider everything. When it comes to buying furniture, you really need to think about your decision, whether it's worth the upkeep, whether it can fit through the doors, whether the cost and effort of maintenance are worth it, and whether it fits your lifestyle or not. ### [4 Biggest Regrets Home Buyers Face](https://www.sarniaproperty.com/blog_read/4-biggest-regrets-home-buyers-face) Many people who buy a new home wish they would have done a few things differently. Whether that means saving more money or putting more thought into the purchase, they believe things could have gone better, and in truth, things could've gone better if they had known what to avoid. Today we’re looking at the 4 Biggest Regrets Home Buyers Face and How to Avoid Them.     1. Failing to budget. Failing to budget is one of the biggest mistakes people make when buying a house. Some people have to take on extra jobs or work more just to support their lifestyle after buying a home, while others may end up losing it all and moving in with family members at best or living out of their cars at worst. So what can buyers do? Before you buy, figure out how much home you really can afford - that baseline will help keep your head above water and help ensure things don't get too expensive down the road. Make a comprehensive budget before diving into any contracts so there are no surprises later!   2. Buying a home that's too small. While failing to budget may mean buying a home that's too big and expensive, buying a home that's too small can also be a regret. Growing families need space, and if their space needs aren't considered a move may be needed, or they may need a new addition built. An addition to a home typically costs tens of thousands of dollars. So what can buyers do? They can start by planning ahead sufficiently. This may mean taking extra time to find the right home or renting for a little longer while they see what the market has to offer.   3. Failure to research the property and location. A lack of knowledge about how home buying and mortgages work could be a buyer's downfall. Buyers may have no clue they can negotiate closing costs which adds to their financial burden. And many home buyers are so eager to buy their first property that they underestimate how much money a lower interest rate will save them in the long run. Homeownership is a big investment both upfront and long-term. It's not uncommon for buyers to get caught up with getting their first home, paying less attention to the neighborhood, or skipping vital steps like a home inspection that will reveal costly repairs before they buy it. This can lead them into issues, both financially and emotionally. So what is the solution? Make sure you do research and use your knowledge. Use the advice of a good real estate professional. Figure out how much your house will cost, or even how much it will be worth later. And have a home inspection before you buy it!   4. Failure to save up for your purchase. There are many costs associated with buying a home, and buyers who aren't prepared for them are sure to face problems. People often wish they would've saved up for a bigger down payment, but opted for the smallest down payment possible. The National Bank of Canada says it takes Canadians an average of 60 months to save up for a down payment. In some Canadian cities, average home prices are way outside of most people's price range. For example, in Canada's 7 most unaffordable markets, all in British Columbia and Ontario, the average home costs between 1 million dollars and 2.5 million dollars. Thankfully, Sarnia is number 1 on the list of most affordable real estate in medium-sized cities in Ontario. Smart buyers in Sarnia-Lambton should be putting away enough money every month to save up as much as possible. This means that you can sell things or work more. You can ask for help from family and friends, or use your assets to build up a bigger down payment. If you are a first-time homebuyer, it is possible to purchase a house with a small down payment. But the more you put down on your down payment, the less interest you will pay and the sooner you will be able to pay off the mortgage. ### [What is a Property Survey?](https://www.sarniaproperty.com/blog_read/what-is-a-property-survey) If you’ve ever wondered where your property line ends and your neighbour’s begins, you might want to consider a property survey. But there are more reasons you might need a property survey and different kinds of surveys you can get.       So what exactly is a property survey?   In basic terms, a property survey defines what is and isn’t yours and there are lots of reasons you might need one. Are you planning on putting up a fence? You’ll want to know exactly where your property ends and the neighbour’s begins.   Property surveys are more common in rural areas of Canada (where land is being developed or rezoned) than in cities. Developers need property surveys to establish boundaries when developing new parcels of land, while identifying and confirming existing land boundaries. Depending on where you live, you might need to get a survey if you’re looking to buy a home. Some lenders and title companies will require you to send them a copy of the survey.   Where can I access my property survey?   The seller’s lender or title company, or the local tax assessor’s office may have it on file. If you’ve never seen a survey of your home as a homeowner, you might be able to find an older, outdated one on file at your local property records or engineering department. Or ask your neighbours where they got theirs.   So, what kind of property surveys are available?   There are land surveys to show the boundaries of a parcel of land, topographical surveys to show the plane and elevation, and monumentation surveys are done if you want to add a fence. As-built surveys, which determine property lines and include where improvements can be made, like driveways and sidewalks.   Mortgage surveys are basically as-built surveys that show property boundaries for an entire property that will be mortgaged. And there are floodplain surveys, which show flood hazard areas. If you need a property survey, make sure you are specific about why you need one done.   So, why are property surveys important?   Having a document that defines your property lines in an official capacity can help you avoid guesswork and ensure there are no encroachments on the property before closing, or when putting in a fence or pool.   Most surveys cost between $600-$1000 in Ontario.   So, do you need a property survey?   More often than not, all you’ll need is title insurance, but in some cases you might have your lender or title company requiring a survey. But, while it’s not always needed, it can be nice to know your precise boundary lines, especially if you’re closing or planning a major addition. ### [Is Staging Worth the Investment?](https://www.sarniaproperty.com/blog_read/is-staging-worth-the-investment)       Home staging is an important aspect of real estate that many people don't know about. Home staging can make a huge difference in the speed at which your home sells and how much money it brings. Home staging doesn't have to be hard, either! What makes a house staged well, why investing in home staging now could reap big benefits for you later on down the road, and how easy it is to do!     What happens when you stage your home? Home staging is the process of making your house more appealing and less intimidating to potential buyers. To start, staging can involve decluttering, depersonalizing, painting walls in a fresh neutral hue, or simply rearranging furniture to highlight different features. These changes make it easier for you as well - making it easier for people to see themselves living there instead of looking at other people's belongings within these four walls, they are much more likely to make an offer on your home that will compete with others' offers!  People are more likely to take a look at your house on the Internet before anything else. This means that you need to make sure they have a good reason to make the home as attractive as possible! Your realtor (or the photographer they use) needs to make your photos as appealing and informative as possible. People will be filtering through all the pictures in order for their dream home, so it's important that you give a great first impression! And by decluttering and depersonalizing the home of family photos, potential buyers will be able to imagine themselves living in it more easily.   Do staged homes sell faster?   Recent real estate studies have shown that homes staged by professionals sell 73 percent faster than those without staging. In a seller’s market, the competition for buyers is stiff. You have to do everything you can to make yourself stand out from other sellers and show your home in its best light. One way of doing this is by staging it properly with high-quality furniture and decor that suits the space where it will be displayed.   Do staged homes earn sellers more money? The answer to this question varies, as the final selling price of a home depends on many factors. Some of these include whether there is buyer demand for your listing and how much competition you have from other listings that are available in addition to what condition the house itself is currently in with regards to cleanliness or staging. With all things considered, it's likely that if you do stage your home then buyers will leave feeling more satisfied than they otherwise would be after viewing an un-staged property. So this may lead them into being willing to spend more money on purchasing yours over another one. If you're looking to stage your home before selling, our team has some fantastic stagers available to help make your home as beautiful as can be ### [August 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/august-2021-housing-market-update) August 2021 Housing Market Update   Let's dive into the stats from last month:        August had 380 active listings and 164 sold, totalling $76,000,000 in sales volume. Compare this to August 2020 where we had 195 sold homes totalling $83,000,000 dollars.   August had an average of 16 days to sell, versus last August where it took an average of 28 days to sell. The average sale price was around $466,000 dollars, vs $430,000 in August 2020, which is an 8% price increase.   33% of those sold were in the $200,000 to $400,000 price range, and the average listing price was $490,000 dollars.     Now let’s look closer at some of the main areas of Sarnia-Lambton individually.   Point Edward had 3 homes sold, having an average sale price of $592 thousand dollars, and it has 1 active listing.   College Park had 1 home sold for $592 thousand dollars, and there are no active listings.   Sherwood Village saw 2 homes sold, having an average sale price of $440 thousand dollars and there are 3 active listings.   Heritage Park had 2 homes sold, having an average sale price of $660 thousand dollars and there are 6 active listings.   Coronation Park and the Tree Streets had 3 homes sold, having an average sale price of $300 thousand dollars and there is 1 active listing.   Cardiff Acres had 3 homes sold, having an average sale price of $340 thousand dollars, and currently, there is 1 active listing.   Guthrie Park had 5 homes sold, having an average sale price of $415 thousand dollars, and there are 2 active listings.   High Park had 5 homes sold, having an average sale price of $390 thousand dollars, and there is 1 active listing.   Northgate had 8 homes sold, having an average sale price of $275 thousand dollars, and there are 4 active listings.   Downtown, including condos, saw 7 properties sold, having an average sale price of 285 thousand dollars and there are 4 active listings.   Mitton Village saw 3 homes sold, having an average sale price of $330 thousand dollars, and there are 12 active listings.   South Sarnia had 10 homes sold, having an average sale price of $330 thousand dollars and there are 12 active listings.   Rapids Parkway saw 2 homes sold, having an average sale price of $850 thousand dollars and there are no active listings.   Twin Lakes had 6 homes sold, having an average sale price of $590 thousand dollars, and there are 5 active listings there.   Wiltshire Park had 3 homes sold, having an average sale price of $480 thousand dollars and there are 2 active listings.   Woodland Park & Oak Acres had 10 homes sold, having an average sale price of $490 thousand dollars and there are 7 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 16 homes sold, having an average sale price of $610 thousand dollars, and there are 3 active listings.   Blackwell had 3 homes sold, having an average sale price of one million two hundred thousand dollars and there are 3 active listings.   Bright’s Grove saw 8 homes sold, having an average sale price of $650 thousand dollars and there are 3 active listings.   Plympton-Wyoming saw 10 homes sold, with their average sale price being $650 thousand dollars and there are 17 active listings.   St. Clair Township saw 24 homes sold, having an average sale price of $500 thousand dollars and there are 18 active listings. ### [Selling Your Home this Fall](https://www.sarniaproperty.com/blog_read/selling-your-home-this-fall) Selling Your Home this Fall     As the summer turns to fall, home buyers change their perceptions of houses. You need to understand how they perceive your house so you can sell it for more money and sell it faster. If you're thinking about selling in the fall season, these tips are here to give you a jump start before fall rolls around. The fall season is a perfect time to list your property. There are so many gorgeous things about the changing of seasons, and you'll have less competition than the spring or summer seasons.   Contact a Realtor Early First, make sure to contact a realtor early, and get your marketing photography and video done. Homes are at their prettiest when the flowers are bloomed, there's plenty of green grass and luscious trees. Why not capture these moments while they're still in season? It can really add to your curb appeal.   Powerwash the Home's Exterior, Driveway or Deck You should also make sure to use a power washer on the sides of your home. You'll want to make sure any dirt has been cleared off your siding. Dirty homes will put people off quickly, so take care of it. Rent, borrow or hire someone with one if you think it may need it. While you have it, power wash your driveway and deck too. Make sure to clean any dirt and algae off anything a buyer could notice.   Clean Your Eavestroughs and Downspouts No one likes having to clear out their eavestroughs and downspouts, but doing so in the colder fall weather when they are clogged is even worse. Buyers visiting on rainy days don't want to see overflowing eavestroughs, and if they do, they may perceive the property as being neglected.   Keep Your Greens Lush & Photograph Them As Such When your home has flowers blooming and lush green grass and leaves on the trees it simply looks better. Try to photograph your home when you still have a good amount of curb appeal. And remember that just because it’s the fall it doesn’t mean you should stop watering your grass and shrubs. You want them to be perfectly lush and attractive for potential buyers. Sometimes shrubs grow significantly over the summer so it might be a smart idea to do some pruning of overgrown shrubs and also remove the debris like full and branches that are built up over the summertime. When you look to sell your home make sure they sell it creatively. Having good quality videos and photography used in creative and unique ways can help your home stand out on the market during all seasons.    Use a Team Who Will Market Your Home Right During the Fall Season Our team uses marketing on social media for your home. We create booklets or brochures for your property. We do drone photography and we put your shots on our website. These are just some of the things that we do to make your home stand out.   HVAC A great idea after the summer months is to make sure your HVAC equipment is in good condition. Make sure your home isn't losing heat unnecessarily by putting in weatherstrips, replacing caulking around windows, ceiling ducts, or even getting a home inspection done if you suspect there are any flaws that may need fixing.   Staging Our team is a big fan of using staging because it really helps to make your home feel warmer and inviting for potential buyers. Staged homes sell faster and for more, so it’s a good investment.   Scents Next, if you’re looking to sell in the fall it’s a good idea to make use of attractive fall scents around your home. This could be cinnamon potpourri pumpkin scents or crisp citrus scents.   Declutter & Clean Another great tip is making sure that your home is decluttered and clean. Do you want your spaces to look as large as possible, but clutter tends to make spaces look small. So, organize and get rid of the stuff you don’t need, and once your home is organized give it a thorough cleaning.   Turn On Your Fireplace for Showings When showings are actually happening a lot of buyers really enjoy seeing that your gas fireplace actually works if you have one. That warm glow is very inviting and it’s one of those small things that really has a strong impact on buyers.   If you need help selling your home this fall and he wants someone with great expertise we have a whole team waiting to help you give me a call today and it’s time to come home to the blue coast. ### [The Best Security Features for Homeowners](https://www.sarniaproperty.com/blog_read/the-best-security-features-for-homeowners) Home Security Systems Keeping your home safe is important. If you are buying a new house or upgrading an old one, it's worth setting up some form of security system to keep troublemakers out and know when someone enters the property.   Nowadays there are smart technologies that will allow homeowners to control their systems from anywhere with Internet access which can be very helpful in case something goes wrong while you're away. A good home security system will include home monitoring, motion detection, and while giving you remote access. There may also be sensors on doors and windows, motion detectors, smoke alarms, or security cameras. Let's look at some of these examples.     Security Cameras Most home security systems cover many risks, but out of all the options, security cameras might be one of the most important. Apart from deterring criminals with their mere presence, they can gather evidence if a crime ever happens so that any criminal who gets away will not get off completely unpunished. In fact, Sarnia Police has set up a camera registry to help combat crime. So having cameras can help keep not just your home safe, but your whole neighbourhood. Want to participate? Sign up here: https://www.sarniapolice.com/camera-registry/ It would be best to invest in security cameras that have night vision as well as Wi-Fi capability for recording footage onto a storage device for easy access when it needs to be taken to the police, so you can review recorded footage at any time online or offline.   Windows & Doors As windows and doors are one of the most common spots for intruders, homeowners should be diligent in locking them at night. You can increase security by installing chain locks or deadbolts on these types of entrances as well as using sturdy frames that won't let someone break through easily. Most security systems will place sensors on your doors and windows, which will trigger an alarm. Many systems have support and will notify the police if activated.   Motion Detector Lights It’s a lot easier to keep burglars and vandals away from your home if you install plenty of outdoor lighting with motion detectors. You can place the lights near gates, around front and back gardens, next to pathways or above garages for increased visibility at night while also adding curb appeal!   Safe A safe is a great investment for your home. It can be used to store both valuable items and sentimental family heirlooms alike, making it an ideal way to ensure all of the possessions are protected from burglars or damage in case of fires. Investing in a good-quality one that’s made with fire-resistant materials will help you avoid any unfortunate scenarios such as losing everything during either a fire or break-in.   Man's Best Friend Dogs have way more benefits than just companionship. Dogs are excellent at being vigilant and deterring intruders with their protective nature, especially larger breeds who bark loudly and aggressively to ward off any potential threats that may come your way. Whether living in the yard or moving between home or garden, you can bet these pets will make your house less appealing for burglaries and vandalism. Even a “Beware of the Dog” sign on your gates could be enough to stop people in their tracks!   Which System is Best for You?   If you’re renting or moving often, look into DIY options that are wireless and contract-free. This will make packing for your next move easier because you won't be locked in each time!   Pet owners have the option of installing Vivint and ADT's pet-friendly adjustable sensors, which will reduce false alerts from their furry friends wandering around in certain rooms.   As the population of senior citizens continues to grow, it is more important than ever for them to have reliable access and monitoring. ADT has a number of features that make their service perfect for this market including professional monitoring with medical alerts in case anything happens while you're sleeping or away from home.   Do you have kids? If so, then it is important to find the right home security system for them. The three systems that we recommend are Vivint, and ADT- they offer sturdy equipment with convenient control options as well as professional monitoring plans so parents can feel more at ease in knowing their loved ones will be safe while away from their homes!   As the world becomes increasingly digitized, homeowners with Smart Home Integrations in Mind are on top of their game when it comes to security. If you're looking for a way to connect dozens of smart devices and have them all work together as part of your alarm system--or if an upgrade is needed after buying new technology like Amazon Echo or Google Nest Thermostat, Link Interactive, Scout or Ring would be a decent recommendation.   If you’re always on the go, make sure your home security system is one that can be controlled from anywhere with an internet connection. Vivint and Frontpoint are good choices because they both offer remote access.   Summary There are plenty of ways to keep your home, family, and belongings safe. Investing in your home security is always worthwhile. ### [5 Tips for Both Buyers & Sellers](https://www.sarniaproperty.com/blog_read/5-tips-for-both-buyers-sellers)   Many people have no idea how to buy or sell a home. There are many tips and tricks that can be used for both buyers and sellers, and it's important to know these if you want the transaction to go smoothly.   Here are 5 tips that buyers can use when purchasing a home, as well as 5 tips for sellers who want their house to sell quickly.       First, we'll look at 5 tips for buyers.     1. Make sure your credit is good. Credit history can make or break a first-time homebuyer's chances of getting financed. A credit check is essential to ensure that any errors are corrected, and if you're not sure about your score it would be smart to work on boosting it so you have the best chance possible for successful financing.   2. Get pre-approved for a mortgage. Getting preapproved for a mortgage early on in the search process is an important step and will give you leverage when making offers. When meeting with your lender, it's helpful to bring some recent financial statements like credit history and savings account so they can get a better idea of how much money you have available.   One thing that helps people find homes more quickly is getting their finances organized before starting house shopping as soon as possible after securing financing approval from a qualified loan officer at one bank or lending institution.   3. Set a budget. Setting a goal for how much you're willing to spend and getting assistance from knowledgeable real estate agents will help. Whether it's cash or financing, establish an agreeable price range before beginning your search so there are no surprises when negotiating with sellers.   4. Write a wish list. For you to find your dream home, it is essential that you jot down a list of everything the perfect house should have. Start by listing what things are absolutely necessary and then include items on which concessions can be made. This will help in narrowing your search so that there’s always an option for every need or preference!   5. Consider resale value. While you may be looking at homes as long-term residences, keep in mind that one day you might need to sell them. The average homeowner lives in their home for 9 years. You want your property value to be as high as possible when selling time comes around so make sure to consider the resale value of the property.     Now let's look at 5 tips for sellers.     1. Clear the clutter. First impressions of a home are critically important for increasing the interest in a sale. Get rid of accumulated clutter before you put your home on the market; rooms will look tidier and more spacious as well. The best way is to tackle one room at a time, dividing it into 3 piles: keep, donate or toss   2. Pack it up. To help showings go smoothly, think about what you want to keep boxed up - like out-of-season clothes or sporting equipment. Consider packing sentimental and valuable items as well. This will help your valuables stay safe while also making the home more appealing for buyers!   3. Research the local market. It is crucial to know current market values in order to make an educated decision about a property. You can research the sale prices of comparable homes as well as how long they stayed on the market, which will give you insight into what buyers are looking for.   4. Make repairs or improvements. Make the best of your home's exterior and interior to make it more enticing. You can do this by tackling any necessary repairs, painting your walls a neutral color or replacing light fixtures or appliances that are damaged.   Keep in mind when you're doing these tasks is also important: potential buyers may be put off if they see dirt on surfaces so try not to let anything slip through the cracks!   5. Realistic expectations. While it's good to get a feel for the local market, be realistic about your selling process. Having unrealistic expectations and high hopes can only lead you on one path: disappointment if things don't go as planned.   New buyers are turning to the internet in droves for their first step of buying a home. With so much competition, it's important that your property stands out from others online by having your home listed on an engaging and interactive website showcasing all its features.   A good realtor will know how to leverage the latest technology, like social media and online advertising to reach the maximum number of buyers to get the reach you need. ### [Fun Fall Activities in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/fun-fall-activities-in-sarnia-lambton)   Autumn is here - colourful, crisp, and . Let's get out to enjoy it with our families! So, what are some fun things you can do with friends and family in Sarnia-Lambton this fall?     Fruit Picking Fruit picking is one of those classic fall activities. Getting to stroll through orchards on a crisp day is unique and relaxing... takes us back to simpler times.     It's a great day trip with your family and you get some exercise in while you do it! Fruit picking is a great lead into other fall activities too, like baking an apple pie or making some homemade jams.   Some great orchards, including pick your own orchards, include Zekveld's Garden Market in Plympton-Wyoming, Red Barn Fruit Farm in Arkona, Twin Pines Orchards in Thedford, and Hornblower Homestead and Orchards in Thedford. Fruit picking is actually really fun and could be a great family tradition for you and your family!   Breweries Next, you should check out some of our Breweries. And now we move on to those other Fall Activities. For those who enjoy adult beverages, we’ve got wineries and breweries you can visit here in Sarnia-Lambton: in town, we have nice breweries like Big Family Brewing Co, Refined Fool and the March Hare, Imperial City Brew House, and Tin Fiddler.   There is also Black Gold Brewery out in Petrolia, Stonepicker Brewing Company near Forest, Twin Pines out in Thedford, Bayfield Brewery, and Bad Apple Brewing Company in Lambton Shores. Most of these guys have awesome pubs for you to enjoy too, so get on out to these great breweries! Some people are surprised to learn we have some local wineries as well.   Wineries We have Shale Ridge Estate Winery in Thedford, Alton Estates Winery out on Aberarder Line, Dark Horse Estate Winery just outside Grand Bend in Lambton Shores, Bayfield Brewery, and Bad Apple Brewing Company in Lambton Shores. Now that's a good selection!   There is something special about wineries, and just walking through them peacefully, having some samples and taking a bottle home.   Hiking in the Fall Colours  Next, you should get out with your family this fall and enjoy the fall colours with a nice hike. We have at least 24 conservation areas in Lambton County that you might not know even exist! We have Wawanosh Wetlands, Perch Creek conservation area, Blackwell Trails, The Howard Watson Nature Trail, LC Henderson conservation area, Warwick conservation area, Rock Glen out in Arkona, Moore Wildlife Management Area, and so many more!  And don't forget our amazing Pinery Provincial Park. Get some great exercise and bask in all the natural beauty Lambton has to offer!   Korny Korners Another fun one, especially for the kids, is Korny Korners, on the Michigan Blackwell intersection. They offer hayrides, which are a staple of the fall experience. Getting out and experiencing that little taste of country life is sweet, and the kids are sure to love it.   Korny Korners Farm in Sarnia is an awesome place to bring the kids for a hayride, mini-putt, a corn maze, pedal go-karts, pig races and more! And you can grab some fresh produce while you're there too.   Next, you could attend one of the Oktoberfest events in Sarnia-Lambton. Usually, the Refined Fool, Black Gold, and a few other places put on a good Oktoberfest. Great beer, German sausage and log chopping might be some of the fun you experience here in Sarnia-Lambton.   Go for a Drive Lastly, I'd say one of these weekends just go for a drive and see where the road takes you! Maybe you'll happen across a winery or brewery that draws you in. Maybe you'll find a great hiking spot, or a place to picnic. Be adventurous, and you'll be sure to find something excellent! There you go! There are a few ideas for you and your family this fall. These places are mostly outdoors too, so there's less to worry about during the pandemic. Fresh air and safe activities do wonders for the body and mind. Thanks for watching and it's time to come home to the Blue Coast. ### [5 DIY Home Staging Tips](https://www.sarniaproperty.com/blog_read/5-diy-home-staging-tips)   Staging is an important strategy for getting homes off the market quicker and for a higher price. You can hire a professional stager to stage certain rooms in your home or your entire home. But if you're looking to save money and willing to do the extra work yourself, here are some tips you'll appreciate.       1. Stage your home's entrance. A welcoming entrance is one of the first things your buyers see as they approach your home, and it sets a tone for what they will experience inside. A mat at the doorstep can mean everything! It's not enough to just have a tidy yard; your home will sell better when it has personality.   You can give an effective impression with a warm welcome mat at the door! So if we're talking about aesthetics then let me tell ya... aesthetics matter because even if conventional wisdom says not to, people DO judge books by their covers! So placing a welcome mat, a seasonal wreath on the door, or flower planters can have a big impact on buyers.   2. Stage your dining room.   When you are DIY staging your home to sell, it's important that the table is set. When potential buyers walk through and see themselves living in this space- they think about all of their future memories they could have there, which means every detail counts!   Christmas dinners, romantic Valentine's Day dinners, Easter breakfasts, Thanksgiving dinners, and birthdays, these all usually happen in this shared space of the dining room. Tap into those feelings and make the table as inviting as possible.   What would Sunday morning breakfast be like? ... YOU can show them! Have the table set with some of your finest cutlery, plates, and decorative napkins show them what dinners can be like in the home!   3. Hide your junk. Having photos of your family everywhere, or your "unique" wall of professional wrestling collectibles or clown dolls can make buyers put up a mental block... It's just too personal and sometimes weird.   Homes are most inviting when there is enough furniture and decor to let people imagine themselves living there, but when there's too much personal stuff, the fact that this is someone's home becomes a turn-off, even if that's obviously the case... I mean they are literally buying someone else's house. It sounds stupid, but it's true. We go off of gut instinct more often than reason.   So, when you get rid of personal items like family photos or old furniture that may remind buyers about the past lives this space has had; they're more able to envision themselves living in your home instead. It creates a blank slate in their minds, for what their future could hold in that space.   4. Decorate your home. One of the best things to do when staging your home is to add house plants, throw pillows and throw blankets. Throw blankets and pillows can make the space feel more welcoming! Don't forget good lighting lets them see your home in its best light. And if you have mirrors be sure they're placed strategically around each room for optimal effect.   A great way of making any living space look complete with personality will always be adding some decorative touches through furniture arrangement or artwork placement in particular areas; these small details really bring life into an otherwise average-looking area.   5. Give your bathrooms some love. First of all, make sure they're squeaky clean! Secondly- go the extra mile. Roll up a crisp white towel, have a little basket for bath towels... make it welcoming- seeing a theme yet?    The best way to think of it is by thinking of a hotel. You know that feeling you get when you walk into a hotel bathroom and see how nicely placed all the fresh towels are, and how clean the whole space is. You want to recreate this feeling for your potential buyers!   There you have it; 5 DIY home staging tips. Contact The Blue Coast Team today to make sure your home is looking its best to sell quickly and for its highest value! ### [September 2021 Housing Market Update](https://www.sarniaproperty.com/blog_read/september-2021-housing-market-update)   September had 378 active listings and 163 sold, totalling $79 million in sales volume. Compare this to September 2020 where we had 159 homes sold, totalling $64 million dollars in sales volume.   September 2021 had an average of 17 days to sell, versus last September where it took an average of 22 days to sell. The average sale price was around $480 thousand dollars, vs $400 thousand in September 2020, which is a 16% price increase.   37% of those sold were in the $200 thousand to $400 thousand price range, and the average listing price was around $500 thousand dollars.     Now let’s look closer at some of the main areas of Sarnia-Lambton individually.   Point Edward had 2 homes sold, having an average sale price of $505 thousand dollars, and there is 1 active listing.   College Park had 1 home sold for $630 thousand dollars, and there are no active listings.   Sherwood Village saw 8 homes sold, having an average sale price of $512 thousand dollars and there are 2 active listings.   Heritage Park had 3 homes sold, having an average sale price of $640 thousand dollars and there are 5 active listings.   Coronation Park and the Tree Streets had 6 homes sold, having an average sale price of $350 thousand dollars and there are 2 active listings.   Cardiff Acres had 3 homes sold, having an average sale price of $350 thousand dollars and currently there are no active listings.   Guthrie Park had 4 homes sold, having an average sale price of $380 thousand dollars, and there are 2 active listings.   High Park had 4 homes sold, having an average sale price of $410 thousand dollars, and there is 1 active listing.   Sarnia’s Northgate Area had 9 homes sold, having an average sale price of $380 thousand dollars, and there are 5 active listings.   Downtown Sarnia, including condos, saw 3 properties sold, having an average sale price of 510 thousand dollars and there are 4 active listings.   Mitton Village saw 3 homes sold, having an average sale price of $330 thousand dollars, and there are 2 active listings.   South Sarnia had 14 homes sold, having an average sale price of $300 thousand dollars and there are 4 active listings.   The Rapids Parkway saw 1 home sold, having a sale price of $815 thousand dollars and there are 3 active listings.   Twin Lakes had 4 homes sold, having an average sale price of $693 thousand dollars, and there are 6 active listings.   Wiltshire Park had 2 homes sold, having an average sale price of $670 thousand dollars and there are 2 active listings.   Woodland Park & Oak Acres had 6 homes sold, having an average sale price of $513 thousand dollars and there are 5 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 9 homes sold, having an average sale price of $500 thousand dollars, and there are 6 active listings.   Blackwell had 3 homes sold, having an average sale price of 800 thousand dollars and there is 1 active listing.   Bright’s Grove saw 3 homes sold, having an average sale price of $725 thousand dollars and there are 5 active listings.   Plympton-Wyoming saw 13 homes sold, with their average sale price being $750 thousand dollars and there are 18 active listings.   St. Clair Township saw 21 homes sold, having an average sale price of $570 thousand dollars and there are 16 active listings.   ### [What Happens in a Buyer's Market?](https://www.sarniaproperty.com/blog_read/what-happens-in-a-buyers-market)   You've heard the term buyers market before but maybe you aren't entirely sure what it means. Today, we're going to look at What Happens in a Buyers Market.     A buyer's market occurs when the demand for real estate is low relative to the supply. During buyer's market periods, there is more inventory on the market than usual and houses move more slowly because of it. This means that sellers might not get as much money as they want for their homes. But this could be a good thing for buyers who can negotiate better prices, such as getting a seller to pay closing costs or other buyer-favorable conditions. Buyer demand is low in a buyer's market - meaning that fewer people are buying houses at this time and new home construction slows down dramatically. Rising housing prices may be slowed down by the increase of surplus houses.   This is because more and more people are selling their homes, leading to an oversupply of houses on the market which will eventually lead to price drops. When there are too many houses on the market, this gives buyers a large number of choices. Since they have so much choice, then it makes sense that buyers would be able to negotiate better terms. It also means there is less pressure from time constraints as well as more competition between sellers for potential deals.   In addition, buyer's markets can result in lower housing prices and interest rates, both of which give buyers an advantage when home hunting. Do your research so you're prepared for all of the potential buyer's market conditions. As always, if you're selling your house in a buyer's market, be patient and don't get discouraged if it takes a little longer than expected for someone to buy. ### [What Happens in a Seller's Market?](https://www.sarniaproperty.com/blog_read/what-happens-in-a-sellers-market)   You may have heard about the term "Seller's Market" but do you know what it actually means? Today, we're answering the question, What Happens in a Seller's Market?     A seller's market is an economic term used in the real estate industry. It refers to a housing market in which homes are in high demand and in short supply. The opposite of a seller's market is called a buyer's market when there are more homes for sale than there is demand. Noelle Frank recently did a video on buyer's markets which you can check out here: https://bit.ly/WhatHappensInABuyersMarket   Effect on Prices So, what effect does a seller's market have on housing prices when you have limited housing and high demand? It typically means that homes sell for higher prices than they would in a buyers market because there aren't as many homes for sale, thus more people bid on a single property, and this leads to an increase in competition.   Effect on Selling Time   Homes may also sit on the market for less time in a seller's market because of the ratio of buyers to homes for sale. In a seller's market, homes that are priced correctly tend to receive multiple offers. Someone might place their offer on the property only to find another 10 people are bidding on the same property.   Key points of a seller's market. 1. Buyers have less leverage over sellers because of the large number of buyers competing for the same property. If your offer on a home has conditions, while others don't, a seller will likely have the flexibility to go with other offers that suit them better. 2. Fewer homes on the market mean higher prices for these properties due to increased competition between buyers. When homes are scarce in a seller's market, people become willing to spend more money on them. When homes are abundant in a buyer's market, people have more options and are less likely to bid over asking or to have competition. 3. New home construction revs up because builders know demand is higher, and they know they can capitalize on a surplus of hungry buyers.   In real estate transactions, both parties win, but clearly, a seller's market does favour sellers. But since sellers themselves are usually buyers too, meaning that wherever they move to, they're likely to face multiple offer situations when bidding on a home.  ### [The 10 Steps of the Home Buying Process](https://www.sarniaproperty.com/blog_read/the-10-steps-of-the-home-buying-process)   Here at The Blue Coast Team, we deal with a lot of first-time homebuyers who have only a vague idea of what happens during the home buying process. We know that an informed client is a happy client, which is why we're here to break down The 10 Steps of the Home Buying Process.     Step One: Research Realtors & Reach Out Buyers need to research their potential realtor first and then reach out for more information on what they can offer them. This is a time where you'll want to take a look at their character, their market plan, their social media reach, and their reviews, among other things. Get a feel for who they are and what they can do for you. Does it seem like they go above and beyond for both buyer and seller clients?   If the realtor seems honest, competent, hard-working, and effective, you may have found the right one. Once you’ve decided who will be your agent, you'll need to contact them and meet with them. Make sure that both parties are clear about expectations. Your realtor should initiate meetings or phone calls so everyone knows what to expect during this process. Make sure your goals are aligned.   Step Two: Get Pre-Approved Now that you’ve chosen your realtor, it's time to get pre-approved. Really this should be step number one, but a lot of first-time homebuyers reach out to us before getting pre-approved. Getting pre-approved is really important. The loan will be a huge component in how much home you can afford and what type of home you'll be able to buy.   Have a chat with a reputable financial lender. You'll provide them with T4's, tax returns, and pay stubs, and they will perform a credit check. They input all this info and more into a formula and determine how much they are willing to lend you.   Step Three: Make a Wishlist At this point, buyers should start making their wishlist: priorities like the number of bedrooms and bathrooms; amenities they want such as pools or open space; location preferences, like near work or near school; must-haves, like a certain size kitchen, and nice-to-haves, like having a fireplace.   Step Four: Alerts & Notifications Your realtor will set up alerts and notifications based on the loan you were pre-approved for as well as your wish list. You will be notified of new listings that meet your criteria.   Step Five: Showings & Open Houses You will want to get inside some homes that interest you, which means scheduling viewings and attending open houses. Getting inside the home is the only way to truly know if the home suits you. Of course, if you're an out-of-town buyer, video chat walk-throughs with your realtor are totally fine.   Steps Six: Make an Offer Once you've found a home that meets your wants and needs, it's time to make an offer, which your agent will present as a written offer to the seller. Your offer can be accepted, rejected, or countered by the sellers. This is where your realtor will negotiate the best possible deal on your behalf. When a deal is struck, the terms will be written on the agreement of purchase and sale.   Step Seven: Meet the Condition Requirements Accepted offers often come with conditions, the two most common being financing and a home inspection, which will be included in the agreement of purchase and sale. The financing condition means that the seller will only accept your offer if you have been approved for a mortgage.   This protects buyers from both losing their deposit and being sued. The home inspection condition means that the purchase contract has an additional clause saying you may be able to back out of the sale if there are any significant problems found during a home inspection.   Step Eight: Meet with Your Lawyer Purchasing a home is not complete until the sale has been legally recorded, which is why you need to meet with a lawyer. Your lawyer will prepare and review your mortgage, title & transfer documents, as well as your purchase agreements, and finalize the sale. At this point, start looking into moving companies, or chatting with family and friends to see if they’re able to help on a specified date.   Step Nine: Closing Day You're nearing the end, which is the closing day! You might do one last walk-through of the property. Your lender will provide mortgage money to your lawyer. The lawyer will pay the people selling the house, and register it in your name. The lawyer will put your name on the deed. You'll grab the keys, and the home is now yours.   Step Ten: Celebrate & Plan Your Move You're now a homeowner, so, you'll need to celebrate your win, and plan your move. Make sure to enjoy this time, and set a bright tone for your life in this home. If you have kids, get them excited for the move and spread positivity. You'll also want to finalize your plans to move, which could involve organizing with friends and family to lend you a hand, renting a cube truck, or hiring a moving company. ### [October 2021 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/october-2021-housing-market-update-for-sarnia-lambton)   October had 381 active listings and 156 sold, totalling $75 million in sales volume. Compare this to October 2020 where we had 203 homes sold, totalling $87 million dollars in sales volume.   October 2021 had an average of 20 days to sell, versus last October where it took an average of 17 days to sell. The average sale price was around $480 thousand dollars, vs $430 thousand in October 2020, which is an 11% price increase.   11 homes sold for under $200,000. 63 homes sold in the $200,000-399,000 price range. 44 homes sold in the $400,000-$599,000 price range. 35 homes sold in the $600,000+ price range.   The average listing price was around $425 thousand dollars.         Point Edward had 4 homes sold, having an average sale price of $590 thousand dollars, and there is 1 active listing.   College Park had 1 home sold for $670 thousand dollars, and there are no active listings.   Sherwood Village saw 4 homes sold, having an average sale price of $500 thousand dollars and there is 1 active listing.   Heritage Park had 2 homes sold, having an average sale price of $620 thousand dollars and there are 4 active listings.   Coronation Park and the Tree Streets had 8 homes sold, having an average sale price of $360 thousand dollars and there is 1 active listing.   Cardiff Acres had 8 homes sold, having an average sale price of $360 thousand dollars and currently, there are no active listings.   Guthrie Park had 5 homes sold, having an average sale price of $410 thousand dollars, and there are 3 active listings.   High Park had 6 homes sold, having an average sale price of $370 thousand dollars, and there are 2 active listings.   Sarnia’s Northgate Area had 6 homes sold, having an average sale price of $315 thousand dollars, and there are 3 active listings.   Downtown Sarnia, including condos, saw 7 properties sold, having an average sale price of 550 thousand dollars and there is 1 active listing.   Mitton Village saw 3 homes sold, having an average sale price of $330 thousand dollars, and there are 4 active listings.   South Sarnia had 8 homes sold, having an average sale price of $290 thousand dollars and there are 11 active listings.   The Rapids Parkway saw 4 homes sold, having a sale price of $700 thousand dollars and there are 2 active listings.   Twin Lakes had 4 homes sold, having an average sale price of $760 thousand dollars, and there are 5 active listings.   Wiltshire Park had 4 homes sold, having an average sale price of $630 thousand dollars and there are 2 active listings.   Woodland Park & Oak Acres had 9 homes sold, having an average sale price of $520 thousand dollars and there are 3 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 6 homes sold, having an average sale price of $750 thousand dollars, and there are 4 active listings.   Blackwell had no homes sold, and there are 3 active listings.   Bright’s Grove saw 3 homes sold, having an average sale price of $570 thousand dollars and there are 4 active listings.   Plympton-Wyoming saw 8 homes sold, with their average sale price being $640 thousand dollars and there are 17 active listings.   St. Clair Township saw 12 homes sold, having an average sale price of $400 thousand dollars and there are 13 active listings.   ### [Open Bidding vs Blind Bidding](https://www.sarniaproperty.com/blog_read/open-bidding-vs-blind-bidding)   You may have heard about the Liberal government's plan to ban blind bidding. But is it a good thing, or a bad thing? Today we're looking at Blind Bidding vs Open Bidding.     Let's imagine a scenario. You are in the market to buy a house. You have made an offer on one home that you absolutely love. Then, another buyer makes an offer on the same property. You're excited and hope to win the bidding war! But the other buyer, not knowing what you've bid, has offered way over the asking price and blew your offer out of the water. But what if this happens to you again? This time, ten other buyers make offers on your next choice of home; each anticipating high bids and they all ask way over asking. The next thing you know, the property sells for 50 grand over asking and you're left feeling defeated.   This isn't a hypothetical; in cities like Toronto, you've probably heard in the news of homes selling for over half a million dollars over asking. This leads to frustrated buyers bidding way over asking on the next home of interest.   Another thing to consider is that Realtors use comparative market analyses to help determine listing prices. If a similar property in a neighbourhood sells for more, it increases the value of the other homes too, driving their prices up. This frustrates buyers and makes it harder for millennials to break into the real estate market.   These are some of the cons of blind bidding. But what are the pros? First, under regular market conditions, blind bidding is good for sellers as it saves sellers money by eliminating lowball offers. When buyers don't know how much others are bidding, they tend to ask closer to or above the asking price. Blind bidding also can make the process faster. Since sellers typically review offers in one meeting where all offers are presented, there are fewer changes buyers can make and thus fewer appointments and time spent.   Canadians have watched real estate prices skyrocket across the country, and the government has explored ways to deal with bidding wars that drive prices up. This is where the idea of open bidding comes in and it's what the Liberal government has pledged to implement.   So, what is open bidding? Open bidding is exactly what it sounds like; those making offers are able to see what has been offered by other parties. Currently, while sharing the price of a competing offer is allowed in Ontario, it's rare for agents to do so.   When all parties are aware of what has been bid and have the ability to adjust their bid, the process of home buying becomes an auction. With bids, and changing bids multiple times from multiple parties, open bidding can make the buying and selling process chaotic and more time-consuming. Open bidding can lead to intense bidding wars too, which can creep the price up massively.   OREA, the Ontario Real Estate Association, has stated open bidding requires buyers to share far too much information and these details can alter the decisions that the seller makes. But they aren't against parties willingly opting-in if they so desire.   Knowing the buyer's address or whether or not a buyer needs to sell their home first, or even the dollar value of their down payment impacts whose offer is selected. They argue that having a calmer environment is better than the stress of open bidding.   So, what do real estate professionals think of the government's proposed meddling? Many believe that a bit more transparency could be a good thing, but don't necessarily trust the government to competently improve things. Blind bidding, especially in pre-COVID times, has worked really well.   As things return to normal it seems reasonable to expect the bidding process will be less like the wild west and become calmer as it had been for decades. If this change goes through, we simply can't predict what will happen in the market. Anyhow, we’ll be staying tuned to keep you informed. ### [Stop Renting and Start Building Wealth with a Home](https://www.sarniaproperty.com/blog_read/stop-renting-and-start-building-wealth-with-a-home)   Are you renting and feel it's time for a change? Do you want to take the first steps of the wealth-building journey? Is it time for you to stop renting and start building the future of your dreams by investing in a home?   Today, we would like to present a case in favour of why you should Stop Renting and Start Building Wealth with a Home.     OK so first of all, we don’t want to say that every renting experience is bad. Sometimes you get an exceptionally nice view, you may have nice neighbours, and maybe if you have a great location it can really be pleasant.   If you’re renting from someone, you’re not building equity in your own home, and so you’re limiting the wealth you’re trying to build, while your money is going into someone else’s pocket.   For those of us who have been apartment renters, you might recall shared spaces that stink of cigarette smoke and marijuana mixed with weird cooking, obnoxious neighbours jumping up and down in the late hours of the night, poor lighting, questionable appliances and landlords who really just don’t seem to care.   If this stings and sounds all too familiar, I feel for you. Most of us have actually experienced this before. But too few realize that home buying is an option and it doesn’t take as much as most people expect.   How do you feel about your rent prices? If you’re tired of high rent prices that’s a strong sign that you’re ready to buy. Every year it seems like prices are going up for renters, and the whole situation with COVID-19 is going to lead to rental prices going even higher. This can leave people feeling hopeless.   But first-time homebuyers only need to put 5% down on a home. So if you have a home in Sarnia that you’d like to purchase for say $350,000 that means that you might only have to put down around $20,000. With a dedication to saving and maybe a little bit of help from family and friends this is very doable for most people, and if you’re willing to rent out a portion of your property, say renting the basement to a renter, you can make living there extremely affordable.   When you do decide that you are ready to buy a home you have to make sure that you can afford the extra costs of homeownership; you’ll have to take care of property taxes, maintenance and insurance, and other issues that arise.   I think for first-time homebuyers it’s really smart to make use of renting out a portion of the house if possible, especially if you have an average paying job, and not earning big bucks.   No matter what, whether renting or buying, your home is gonna be one of the biggest expenses that you will pay month-to-month, year-to-year, so if you rent out a portion of your house say, your basement for $750-$1000 bucks a month, then you might even be able to have your entire mortgage paid off by someone else.   This would allow you to do things like investing even a little bit of extra money to gain compound interest over time. This way you build wealth not only in your equity but also with investments.   So maybe I’ve got some of the juices flowing, you might have some ideas going to your brain about how homeownership could work for you. So what immediate things should you start to do?   Well, first you’ll need to start saving your money. It may take a few years for you to be able to save up enough for a down payment, but if you can get some extra help funding your down payment this can help speed up the process.   You’ll also want to make sure that you have a good credit score. If you have bad credit, homes that might’ve been available to you with good credit might become out of your reach. Start by becoming obsessive about making credit payments on time.   You can check out free credit reports from places like Borrowell which give you an idea of what your credit score is for free on a monthly or weekly basis. This constant feedback helps to make sure you’re on the right track.   If you miss a payment, your credit score will take a significant drop. This is why becoming very mindful of your credit situation and your spending is essential for you to be able to build up enough credit, which ideally should be 680 or above to buy a home. The higher credit, the better.   You should talk with a financial lender and see how much you can get pre-approved for. And speak with a Realtor who’ll send you any relevant listings your way.   It isn't always easy buying a home, and it may seem out of reach for a lot of people. But talking to professionals who can give you great advice at no cost is a smart move you can make today. ### [Grow Your Wealth: The Benefits of Homebuying When Young](https://www.sarniaproperty.com/blog_read/grow-your-wealth-the-benefits-of-homebuying-when-young)   Building wealth through homeownership is one of the most tried ways to meet your financial goals in life. Anyone capable of earning a paycheck can start building wealth through homeownership. But when it comes to age groups, the young have a distinct advantage if and when they can break into the housing market early, which we would like to touch on today. Today, we're investigating the benefits of buying a home when you’re young in order to start building wealth.           Studies have found that when homeowners buy their home before the age of 35 they tend to be more set to retire by age 60, while lifelong renting on the other hand may delay retirement.   Clearly, the sooner you start paying your mortgage, the sooner it will be fully paid and financial freedom can be achieved. When approaching retirement, people tend to rely increasingly on their wealth instead of just their income to support their lifestyles. Failing to build housing wealth - which is the largest single source of wealth for most people - can be a big setback.   Becoming a homeowner when young can let you take control of the most expensive part of your life. While both rent and homeownership are going to cost you each month, only homeownership is going to give you equity and appreciation, and the potential to home hack and reduce your costs further, allowing for saving and investing.   Homeownership also can help build your credit, allowing you to become approved for another mortgage loan or line of credit, and as homeowners gain equity in their homes, they can refinance to purchase income-producing assets like rental properties.   Having a home fully paid off around the time you retire means only having to cover utilities, maintenance, and property tax, all while enjoying a space of your own. And there are also tax benefits you can reap all the while.   So what can you young adults out there do to try to break into the housing market and start building wealth?   1. Examine Your Cash Flow First, you need to look at your cash flow. You need to know what your financial situation looks like. How much do you earn? How much are you saving? Are you saving? What is your credit score? There’s simply no way to get going without answering these questions.   The great thing is, talking with a financial lender or financial planner will help you figure out all of these things.   2. Calculate Your Price Range Second, you’ll need to calculate your price range. You'll need to be able to figure out how much in interest, property taxes, and insurance you can afford each money, and this means making a budget. And once again your financial lender can actually help you figure this out.   3. Build a Contingency Fund Third, you should have a contingency fund built up. Homes inevitably will have repairs that need to take place. A team member here at the Blue Coast Team bought a property only to have a $10,000 roof replacement bill, not even a year into homeownership. This is why having $10,000-$15,000 in cash in case of emergency repairs is an excellent start. That isn’t an easy amount of money to save up for somebody who may be recently out of school with a student loan. It can feel ambitious trying to build up your contingency fund. But if the roof starts to leak or appliances break, this will be a lifesaver. Start saving for your contingency fund simultaneously as you save for your down payment.   4. Make a Larger Down Payment (If Possible) The fourth suggestion is to try to make a larger down payment. When you make a larger down payment you’ll end up paying less interest in the long run. Before you buy you will need to make a concentrated effort to save as much as possible, because, in the long run, you probably won't regret making a larger down payment.   5. Don't Be An Emotional Buyer Finally, number five you’re going to only make an offer that you’re comfortable with; don't buy solely based on strong emotions, and never buy out of desperation. If you become emotionally invested in a home you might end up spending more than is actually best for you.   Make sure to crunch numbers, think big picture, and keep an open mind. Your first home might need to be a classic starter home, and there is no shame in that.     Bonus: Teach Your Kids To Be Good With Money As a bonus side note, parents, I do really feel it’s necessary for you to start teaching your children how to be wise with money starting from a young age.   Encouraging your kids to take on responsibility, to plan for the future, and to have realistic expectations of the world and how it works will give them an immeasurable boost in life.   Someday, your kids will become homeowners themselves. The more you can teach them about the value of hard work, saving, planning and even the basics of investing, the better off you'll set their course in life. ### [Hacking Your Home](https://www.sarniaproperty.com/blog_read/hacking-your-home)   Living costs have risen in North America, and many Canadians are finding it harder to get by. Lots of young people dream of breaking into the housing market but aren't so sure if homeownership is affordable anymore.   So, what can buyers do to ease their financial burdens after they become homeowners? There are multiple ways to make homeownership work, but I'd like to look at a very effective one today called house hacking.       One of the best things new homeowners can do to make life more affordable is called house hacking, which is a new term for a concept that's been around for a very long time.   So, what is the basic idea behind home hacking? To hack something is to alter or adapt it in some way so that it better meets your needs. In this case, you're altering how your home or property is used in order to meet your goals.   And if your goals are to make life more affordable and pay little to nothing out of your own pocket for your mortgage, while saving and investing your money, home hacking might just be for you.   So what is the home hacking strategy? Well, there is real potential for ambitious home hackers to acquire multi-unit properties, like duplexes or triplexes, either by building, buying, or acquiring, and living in one of the units while renting out the others. That's the gist of it.   The people who use this method are able to get around paying for rent themselves, but they can also decide to make additional payments on the principal so their home is paid off faster, or save in a TFSA or RRSP or invest with a wealth management company.   How Can Home Hacking Help You Thrive? Home hackers can use the money they save to improve the property with renovations and updates to attract top-tier renters, save extra cash, and use their equity to help refinance their property to purchase other income-producing assets.   House Hacking in Sarnia-Lambton Many young people in big cities like Toronto or Vancouver would virtually never be able to afford a home because it's just too expensive these days for what little they'll make on their salaries every month. House hacking is really a technique meant for big-city dwellers where home costs are absolutely bananas.   But as we've pointed out before, Sarnia-Lambton still has the most affordable housing of all medium-sized cities in Ontario. But anyone following our market updates has seen that prices have risen. So, while house hacking may not be the most necessary in a more affordable area like Sarnia-Lambton, certain people could get a big boost from doing so.   Do I Need to Purchase a Multi-Family Property? No, you don't even need a multi-family property. Some home hackers don't care to move, so instead, they finish their basements, adding a full bathroom, kitchenettes, and bedrooms. This is a great way to both add value to your home through improvements, and get your full mortgage payments, or at least a large portion of them, covered by renters. This could also be true for renting out rooms in your home, allowing your renters to share your space if that's something you could tolerate.   Secondary Suites If you like the idea of house hacking, but don't want to give up any of your home's space, you could consider building an additional dwelling unit, or secondary suite. These are essentially detached granny suites that will usually be found in backyards. These will require adding electrical, plumbing, and heating because they are essentially just tiny homes. And they can be great for resale, as having a detached income-generating unit, or simply a guest suite can be really appreciated by buyers.   Tips for Aspiring Home Hackers If your interest is piqued, then listen up. Let's do a scenario for someone who is on the younger side. So, you're young and employed and you would like to go the duplex or triplex route. Start saving every chance you get. Cut out stupid costs in your life and eat out less. If you're living at home with family, use this as an opportunity to save as much as you can for a down payment, and if the family is willing to help you out that's great.   Get pre-approved by a financial lender to see what your price range is. Contact a realtor and let them know your intention, then they'll send you all relevant duplexes or triplexes, or even homes that are laid out well for renting. See as many of these properties as you can, then make an offer on the right one for you.   Finding a property that requires little to no renovations will mean being able to find tenants quickly after you take possession. From here, you can find and screen tenants, or hire your realtor to fill the space with quality tenants for a reasonable fee.   So, that is how to hack your home. If you'd like to become a home hacker, but need a great property, give our team a call today at (226) 778-0747. ### [November 2021 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/november-2021-housing-market-update-for-sarnia-lambton)     November had 374 active listings and 145 sold, totalling $67 million in sales volume. Compare this to November 2020 where we had 164 homes sold, totalling $59 million dollars in sales volume.   November 2021 had an average of 22 days to sell, versus last November where it took an average of 28 days to sell. The average sale price was around $460 thousand dollars, vs $358 thousand in November 2020, which is a 30% price increase.   33% of homes sold were in the $399 thousand dollar to $600 thousand dollar price range, and the average listing price was around $425 thousand dollars.           Point Edward had 1 home sold, having a sale price of $480 thousand dollars, and there are 2 active listings.   College Park had 1 home sold for $655 thousand dollars, and there are no active listings.   Sherwood Village saw 4 homes sold, having an average sale price of $463 thousand dollars and there is 1 active listing.   Heritage Park had 2 homes sold, having an average sale price of $650 thousand dollars and there are 2 active listings.   Coronation Park and the Tree Street area of Sarnia had 3 homes sold, having an average sale price of $435 thousand dollars and there are 2 active listings.   Cardiff Acres had 5 homes sold, having an average sale price of $470 thousand dollars and currently, there are 3 active listings.   Guthrie Park had 7 homes sold, having an average sale price of $410 thousand dollars, and there are 3 active listings.   High Park had 6 homes sold, having an average sale price of $435 thousand dollars, and there is 1 active listing.   Sarnia’s Northgate Area had 6 homes sold, having an average sale price of $380 thousand dollars, and there are 4 active listings.   Downtown Sarnia, including condos, saw 4 properties sold, having an average sale price of $370 thousand dollars and there is 2 active listings.   Mitton Village saw 7 homes sold, having an average sale price of $330 thousand dollars, and there are no active listings.   South Sarnia had 8 homes sold, having an average sale price of $280 thousand dollars and there are 3 active listings.   The Rapids Parkway saw 2 homes sold, having a sale price of $690 thousand dollars and there are 3 active listings.   Twin Lakes had 4 homes sold, having an average sale price of $750 thousand dollars, and there are 4 active listings.   Wiltshire Park had 4 homes sold, having an average sale price of $530 thousand dollars and there are 2 active listings.   Woodland Park & Oak Acres had 9 homes sold, having an average sale price of $440 thousand dollars and there are 2 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 4 homes sold, having an average sale price of $580 thousand dollars, and there is 1 active listing.   Blackwell had 2 homes sold, having an average sale price of 1.5 million dollars and there are 2 active listings.   Bright’s Grove saw 3 homes sold, having an average sale price of $550 thousand dollars and there are 4 active listings.   Plympton-Wyoming saw 6 homes sold, with their average sale price being $720 thousand dollars and there are 12 active listings.   St. Clair Township saw 9 homes sold, having an average sale price of $780 thousand dollars and there are 15 active listings.   ### [How to Generate Multiple Offers](https://www.sarniaproperty.com/blog_read/how-to-generate-multiple-offers)         When selling your home, multiple offers are what every seller hopes for. But what can sellers do to help make this happen?  Let's take a look at How to Generate Multiple Offers.     1. Price Your Home Aggressively First, sellers can price their homes aggressively. Auctions work well because the prices they use start low leaving bidder interest and their competitive drive of those bidding will make it rise. This concept can work as well for real estate offers. Sometimes, strategically listing your home lower than market value can generate a ton of interest, leading to bidding wars and thus driving the price higher. That same low-price-seeking excitement may cause many more buyers to show up and view your home than what would have come at a higher price point. But your experienced realtor will need to be there to analyze what the best course of action is for you to take, whether this strategy is right with your situation.   2. Give Ample Access to Buyers Second, sellers can give buyers and brokers ample access to showings and open houses. This allows the widest range of potential buyers to actually see your home.   You want to make sure your home is accessible during reasonable hours, so you'll need to be flexible with showings. It's also important that you're prepared for these visits, which includes having the house tidy, clutter-free, and smelling fresh.   3. Beautify Your Home Speaking of smelling fresh, next up is beautifying your home. This means cleaning, staging, decluttering, and decorating. You will also want to consider doing some landscaping enhancements that would add to your curb appeal.   4. Effectively Market Your Home Fourth, you'll need a ton of marketing to reach the highest number of buyers. This means using traditional marketing and online marketing, including social media. If you're using a team that isn't social media-savvy, you're limiting how much interest your home can generate. You need to know if they do Facebook live videos, coming soon posts, video tour posts, professional photography, Instagram stories, reels, postcards, brochures, or radio commercials. Reach makes all the difference in real estate! Our marketing plan is extensive and is one of the many reasons our team stands out.   5. Be Open to Course Correction Last but not least, sellers need to be ready to course-correct. Course correcting is when the sellers listen really close to all forms of feedback from real estate agents or brokers showing buyers around. Is your home one of the houses that have been sitting on the market for months without much action, but all the right steps seem to have been made? Course correction may mean having to repost with a price reduction, or it could mean that a certain feature is bothering a lot of buyers, which you may need to fix before going forward.   ### [Protecting Your Elderly Loved Ones - The Ryan Out Loud Podcast](https://www.sarniaproperty.com/blog_read/protecting-your-elderly-loved-ones-the-ryan-out-loud-podcast) Protecting Your Elderly Loved Ones     As Canada's population continues to age, there is an increasing chance that your parents or elderly loved ones may become frailer, suffer an illness, require medical attention, and fall prey to financial predators. Unfortunately, when it comes to protecting your loved one's interests, many people don't think about it until they need it. So, what can you do to protect your elderly loved ones?     Make a Will One way in which you can best look after the elderly is first by making sure they have a will completed. It really is the first line of defense, by assuring that if anything should happen to them, their desires for what happens to their things are set in stone. A will determine where their money goes, who their estates go to, who their trustees are, all while determining what will happen with all your assets.   In Ontario, if a parent, for example, passed away without a will, there is an act called the Succession Law Reform Act, which sets out what happens to your assets and who receives those assets. But there is no guarantee that things will be distributed the way the parent had really desired, and this can cause issues and fights among families.   This is why it is highly recommended you have a will made, and if you had one made a decade or two ago, and you have grandchildren or new assets, it is smart to update your will. If you have no family or friends you wish to leave your money or assets to, a will allows you to choose charities, schools, churches or organizations.   If you wish to update a will, the Law Society in the province of Ontario amended the rules to permit you to sign these documents virtually, because of the pandemic. You can't execute them virtually in the form of a digital signature but your lawyer can witness you signing an original document.   Just remember this; you've worked hard your whole life, built wealth, purchased assets, with the intention of leaving something better for the next generation. You don't want someone else to have to figure out what to do with your things should you pass away, which is why you really should consider having a will drafted.   Should I Get a Store-Bought Will Kit or Meet with a Lawyer? Some stores offer cheap will kits at a greatly discounted price. While they could be better than nothing, they don't adequately allow proper planning to take place, or structuring, nor do they take into account how to minimize taxation, minimize probate fees in the province, nor do they provide the proper and extensive legal advice and experience you would get with a lawyer.   We recommend that even when new couples get together as first-time homebuyers that they simply just do their will then and there, and should anything happen, they are protected, and you can change it as you get older.   What is Probate? If you pass away and you have money sitting at a bank, the bank is typically going to require that your estate trustees go out and obtain what they call a Certificate of Appointment of Estate Trustee either with or without a will.   Probate is court certification of the documentation of the person that's being appointed that gives them the authority that everyone out there, including the financial institutions, can rely on, and then they can proceed to hand out the assets. That doesn't happen overnight and can be costly and time-consuming.   What is a Power of Attorney? There are two separate types of power of attorney: power of attorney for property which basically deals with your banking and financials. This is a document that grants people that you designate in there the authority to deal with your assets, typically in the event of an incapacity or at other discretion as you may choose. It continues in the event of that incapacity.   The other one's a power of attorney for personal care. That's medical decisions. So in the province of Ontario, you can only designate somebody to make medical decisions on your behalf if you have lost capacity. So, if you still have the capacity you're going to have to make all your own medical decisions when you end up at a hospital. For example; you get in a car accident and you break your arm and you go to the hospital you're going to have to make your own medical decisions.   But if, for example, you get into a car accident, you get knocked into a coma, and unfortunately, your loved ones aren't maybe on the same bank accounts or they don't own all the assets that you own. Without a power of attorney for personal care, they would have no way of dealing with those assets other than to make a court application to be appointed as their guardian.   Power of attorney is a fairly simple document. A lawyer will put that in place naming loved ones that you want to have on there handling things in the event that you're not able to and then they can do so.   Parents can select their children without their knowledge to be their power of attorney, but we recommend they have a conversation with each other first.   Have Conversations Dedicated to These Topics We recommend that families with elderly loved ones sit down and have family meetings about these sorts of estate planning things, or discuss business succession, or real estate properties that are perhaps are transferring to certain individuals. And discuss certain bank accounts or assets that they want to have transferred over. Having a good lawyer will allow you to set up a tax-effective plan for how you and your lawyer can do that.   You want to set it up such that the people you leave behind aren't all fighting. Because sadly what happens sometimes is that there is a poorly structured plan that causes disagreement and fierce debate and arguments. Then its results in a whole bunch of family members who don't ever want to see each other again because it's an emotional time for everybody and that's the last thing you want.   Predatory Salespeople You really need to look out for predatory salespeople for your elderly loved ones. Too often we see the elderly being sold things they don't need, like water softeners or blue light filters, furnaces, or hot water tanks, all with liens on them. Instead of buying things they actually need, they are pressured and lied to and they are stuck with having things that are lease to own.   In real estate, we come often to view an estate to sell it after the passing of the owner. Then we notice the property has a bunch of liens on it. We're seeing this commonly with things like furnaces, or hot water tanks. The salespeople are more or less predators taking advantage of people that really should have had a power attorney in place.   The predatory salespeople would have gained, say, $150 a month on each item. Multiply this by several items, and your loved one could have been essentially robbed of tens or hundreds of thousands of dollars over a period of time.   Liens are a legal right against assets that are used as collateral to satisfy a debt. If they aren't paid for, the item can be seized back as well, meaning your loved one could have paid $20,000 for a $5,000 item over a period of time, and the item doesn't actually belong with the home until fully paid off.   Protecting From Predatory Salespeople Begin a dialogue openly with your elderly loved ones and discuss potential issues and help them become more aware of the dangers. Teach them what red flags to watch out for, such as high-pressure sales tactics, unsolicited offers of help, or calls from strangers. You can also help them create a buddy system with a trusted friend or relative, so they have someone to check in with regularly and who can help keep an eye on them.   You can also help protect your loved ones by being vigilant yourself. Keep an eye out for any suspicious activity or people around them, and don't be afraid to question any offers that seem too good to be true. If you do suspect something is amiss, report it to authorities immediately. ### [The Best Tools for DIY Projects](https://www.sarniaproperty.com/blog_read/the-best-tools-for-diy-projects)   Every home project - even the small ones - require some tools to accomplish the task. Tools come in a variety of shapes and sizes which can make it a challenge to figure out which ones you need. Thankfully, we have found the thirteen best tools for do-it-yourself projects around the house to help you get started on your next project!     Basically, every project you work on in your home requires different tools, but there are some tools that are used so often, you'd be smart to invest in some of these. Let's think about some common jobs around the house, from hanging pictures or installing doorknobs to laying down flooring or putting together furniture. Now for some of you trades workers, these may be obvious, but there are plenty of people who have jumped into homeownership and they don't know anything about tools, and when things go wrong, they aren't equipped to deal with even basic issues.   1. Measuring Tape I'd suggest you buy a measuring tape.  No matter what you're working on, there is a good chance you will need to measure something at some point. Often, when we guess distances, we fail miserably, and the accuracy a measuring tape provides is priceless.   2. Level Invest in a level. Again, whether you are hanging pictures or putting together furniture, tools like this can save your life. Not literally, but they can prevent you from having to eyeball your work and risk having to redo things over and over.   3. Screwdrivers Get yourself a couple of different screwdrivers. There are 4 mains types of screwdrivers. Slotted screwdrivers are flat. Philips screwdrivers are the X shape. The square ones are called Robertson. And Torx screwdrivers are more of a star shape. These should be pretty adequate for most jobs around the house. Just have a full screwdriver kit on hand.   4. Protective Eyewear If keeping your eyes healthy and free of rocks or wooden splinters sounds good to you, buy some type of protective eyewear. I feel like basically every time I say "I don't need glasses, this'll just take a minute" I get something in my eye and it's never fun. Any tools like sanders or saws 100% require safety glasses. Trust me on this - it's not worth losing an eye over!   5. Work Gloves Get yourself some work gloves. You can buy some pretty thick ones for those times where you don't want to injure your hands, and also some lighter gloves for those times when you're handling tools such as hammers. If you work with tools then gloves will be your new best friend!   6. Cordless Drill Next on the list of tools for do-it-yourself projects is a cordless drill.  You can do so many things with a drill, from putting together furniture to setting up shelves. It's helpful to have a little bit of knowledge about how to properly hold and use drills before you get started. Drills are powerful and could cause some injury to you or structural damage to your house if used sloppily.   7. Ladder If you have any project you can imagine doing that aren't at ground level, you should definitely get a ladder. A ladder is a necessity for any DIYer. You can get so much more done on a ladder than if you're just standing on the ground. No more having to climb on random unstable objects!   In fact, having a few ladders can be smart. A shorter 6 footer is great for most people inside the home, while an extension ladder is great for easy access to the roof, or gutters.   8. Tool/Utility Belt You want things that will help you tackle any home improvement projects that may arise while you're working. Like using a tool belt or utility belt. Tools can get pretty heavy and numerous and it's nice to have some tools with easy accessibility instead of having to go all over the place trying to find what you need.   9. Wrenches Purchase a set of wrenches. These guys are always useful for gripping, fastening, turning, tightening and loosening things like pipes, pipe fittings, nuts, and bolts. There are lots of different kinds of wrenches, but the most commonly used are basic adjustable wrenches.   10. Utility Knives Next, get some utility knives. Utility knives are great tools to have around. You’ll need something sharp and strong enough to cut through tough material like carpet or caulking. Have some extra blade on hand because they do get dull over time.    11. Saws Having some saws will be essential. There are lots of tools that you can use for sawing things like wood or metal, but the most commonly used tools are hand saws. Once again, there are tons of saws available. I personally use my hand saw, an oscillating saw, and a mitre saw the most.   12. Stud Finder Consider picking up a stud finder. When drilling into the walls of your home, you want to both avoid electrical wiring, while you find studs to support your photo or whatever else you're hanging securely into a stud. A stud finder will do both and they aren't overly expensive either.   13. Hammer/Mallot Don't forget about these magnificent tools. No toolset is complete without a hammer and mallot.   There you go everyone, those are some of the best tools and items for DIY projects. ### [Using Scent to Sell Your Home](https://www.sarniaproperty.com/blog_read/using-scent-to-sell-your-home)   There is a lot of information on how to sell your home, from staging to landscaping.But there is an important element of home selling you might never have considered: Scent.   Our sense of smell can be very powerful and has been shown to bring back memories, conjure up new ones and actually even change moods. When it comes to selling a home, scents can have a profound impact on potential homebuyers' first impression of your house. Today, let's look at Using Scent to Sell Your Home.     We all know how repellant certain bad smells can be. They conjure up feelings of disgust and can even make us feel unwell.  What's interesting though is that certain appealing scents can have the opposite effect. They can attract people to your home, make them feel at ease, and even get them excited about the idea of buying and living in your house.   Smell, the Brain and Emotions Smell and memory are intricately linked. In our brains, the scents we smell go straight to the olfactory bulb, which is connected directly to our amygdala, which is responsible for emotions and motivation, and the hippocampus, which is involved heavily in memory. It stands to reason that using scents in a positive way can have a positive impact on those who are looking to buy.   Deodourize Your Home There's a chance your home has a smell you aren't even aware of because you've been exposed to it every day for years, so you're no longer sensitive to it. So one of the first things you should do is deodourize. Get an honest friend to provide feedback on your home as well. If they notice an unpleasant fragrance, so will potential buyers.   Some of the stinkiest parts of the home include shoe closets, trash cans, basements, litter box or dog bed area, kitchens, and freezers. If you discover a significant mold problem causing smell in your home, then this post isn't enough to cover your problems. You need a professional, and need to take care of that problem immediately. Mold is a serious issue that can't wait.   Clean Your Carpets Carpets can be a major source of bad smell in a home. To deodourize carpet, spread baking soda on your carpets for 10-15 minutes and then vacuum it up. You could also get professional carpet cleaners to do an even more thorough job, especially if you have problem areas from pets, put extra effort to deodourize it.   Smoke If your home smells like smoke, there's a high chance you'll be putting off a lot of potential buyers. Removing the smell of smoke from a home requires significant cleaning of the walls, ceilings, floors, nooks and crannies. Some may opt to remove the scent by painting, but make sure to use a sealer and primer, or else the scent may still be noticeable.   Best Scents So, now that your home is deodorized, what scents should you use? So let's think for a moment. When it comes to using scent to sell your home, you need to think smart. Appeal to buyers' noses by understanding their preferences when it comes to smell. What are they used to smelling at home? What smells do they enjoy the most?   Some common odours that might be welcomed include vanilla or other sweet smells, fresh-baked bread or cookies, coffee, rosemary or pine for Christmas time, apple cider before Thanksgiving, and many more! Just remember to use appropriate aromas for the season.   You can make use of automatic Airwick or glade air fresheners around the house, scented candles, or you could even use a pan on your stove for festive scents like nutmeg, clove, cinnamon, orange peel, or fresh cranberries.   Essential Oils To keep it simple, just diffuse some pleasant essential oils. You can get an extensive variety of scents for every season that you can enjoy even after your home sells.   Flowers During the warmer months, homeowners often plant bushes or flowers with pleasant odors as a way to both increase their homes' curb appeal while increasing their scent appeal. Lillies, hyacinth, and jasmine all are great smelling flowers you could consider.   So, that's it. Deodourize your home either professionally or by yourself; use scents for the appropriate season, and make use of pleasant plants outside to increase the curb and scent appeal. ### [Senior Transitions Made Simple](https://www.sarniaproperty.com/blog_read/senior-transitions-made-simple)   When the time comes in later life where big changes are bound to happen, many seniors find themselves concerned. Here are some common questions seniors face:   What do I do when I can no longer adequately take care of myself or my property? Will I outlive my pension and savings? Will I need to rely on the government or my family to assist me? What does the government or organizations offer seniors who wish to stay at home as long as possible? What if my family is incapable of caring for me? Where will my money and assets go when I pass away? Who will make decisions for me if I become unable to make them myself?  Getting professional help can save seniors and their families from suffering through uncertainty and lack of planning and preparation. We spoke with Ellan Dickieson from Senior Transitions Made Simple in order to bring you some great info you can use to help plan your transition to your next step in life. This information is based around Sean's podcast discussion with Ellan. Check out the full podcast here:     Seniors need to be empowered to make good decisions around their later life. As a registered social worker and an accredited financial counsellor, Ellan has taken her experience over the last plus decade and put it into a business that serves not only seniors but the senior's families.   Successful transitions are best when planning starts early. Young seniors, say, those in their early 60s and 70s, to start making a plan, and learn exactly what is available to them in the years or decades to come. This means seniors should sit down with various professional advisors, and children, and have discussions until everyone is on the same page.   Speaking with a financial adviser early on is key. Despite so much of senior's lives being dependent on their available resources, many seniors haven't had the best financial advice. Who is responsible for initiating the process? Ideally, it is best for the senior to initiate the process themselves. But after a life of independence it can be hard for some seniors to take action before things become overwhelming. Children may see a decline in a parent, and wonder what they can do to help, and what comes next.   The children of seniors may want to weigh in on their parents' choices, especially when it comes to housing, but should keep in mind that this is still their parent's decision, unless they are given power of attorney. They can offer support and advice but should not take over the reigns completely; it needs to be a joint effort. Children need to respect their senior parent's wishes while at the same time providing input when needed. What are some major challenges seniors can face? Accessibility Housing Home maintenance Yard work Cleaning Bathing (getting in and out of the tub safetly) Health Access to recreation Cooking Financials Proximity to family Access to resources Transportation What are some programs available to help seniors? Lambton Elderly Outreach Meals on Wheels Victorian Order of Nurses Red Cross Sarnia Lambton Seniors Association Shine at Home Sarnia How can seniors be empowered to age in place? Accessibility Consider the accessibility of your home as you age. Let's look at an example. Say there is a senior woman who over time can no longer make it up and down the stairs by herself. She has a half bathroom on the first floor, but the full bathroom's on the second floor. At the end of the day you're gonna have a scenario potentially where she almost never gets to bathe as she'd like to.  We need to consider how to make sure the place seniors live is supporting a high quality of life. In this example, it could mean getting a stair lift or downsizing to a single floor home. This requires planning and budgeting. We need to think about what could happen, and plan accordingly.  There are more and more people within the construction design industry/architects who specialize in accessible builds and accessible buildings. If building is an option, their services can help you be proactive about accessibility.  Falls Prevention The statistics are not good for seniors who fall, which is why we want to do everything possible to prevent falls as as a person ages. This means first removing tripping hazards like rugs and cords. During snowy months, stairs can become icy and dangerous, and this means we need to make sure someone is clearing them. In bath tubs you'll need anchored grab bars. Railings should be checked and ensure they are intact. Using a walker is another great way to prevent falls. Get Social and Get Active Physical activity combined with social activity is one of the most powerful ways seniors can stay healthy mentally and physically. These both translate into seniors being capable of independence and higher quality of life. There are great programs in the community that allow seniors to thrive together. For example, seniors can exercise and play games together at the Strangway Centre, do group classes at the YMCA, or ever use local meetup groups to do something as simple as going for walks down the Howard Watson Nature Trail. Getting to these social gatherings can be a challenge for seniors who may no longer be able to drive themselves, so transportation is also really important.  LEO, or Lambton Elderly Outreach and the Red Cross both do transportation, and Care-a Van has wheelchair accessible transportation. Sarnia alone has over 20 churches, with many who offer transportation to church, events and for personal help. Granny Pods Life expectancy is extremely high and this means seniors run the risk of running out of savings. Retirement homes can be expensive, and not every family can afford $3,000-$4,000 a month. An option becoming more and more popular is making use of "granny pods". A granny pod or ADU (accessory dwelling unit) is a detached living space on the property of a single-family home.  Some families may opt to build a granny pod on their property, and let their parent(s) live there. This allows them to maintain a higher level of independence, as granny pod are often single-level and have less square footage. This means maintaining the space becomes easier, and accessibility becomes less of an issue. Eventually, as loved one pass, the granny pod can be used to house children who want a little more space, guests visiting from out of town, or it can even be used as an income-generating unit for renters. If a family member is willing to build a you should ideally have some capital or cash to put into building or renovating a granny pod. Look to Other Cultures North Americans are one of the few cultures in the world where it is exceedingly rare to have multiple generations living under one roof or property. We can look to some of these other culture who share housing out of necessity, and learn from them how to make it work.  How can kids ensure parent safety stress-free? If families are unable to stop in and check on their senior parents daily, there is a great service here in Sarnia locally through the Family Counselling Center, the Telecheck Program. They will call seniors every day and if nobody answers over an extended period then they would contact the family. So, that's a completely free service that anybody can access. If friends and family can check on the senior, they can join a caregiving circle. So, whether it be their friends their neighbours their family, try to make sure that somebody is touching base with them every day. Another option is seniors consenting to let their kids install a camera in their home, especially in areas where they will spend a lot of time. And if you're concerned about a fall or a crisis in their home alone you can always get the Phillips Lifeline or similar products. Downsizing Downsizing can make life a lot easier for seniors. But if children are the ones making the suggestion for their senior parents to downsize they shouldn't be pushy, or tell their parents "you have too much stuff, just get rid of it!" That approach is never well received. Instead, prioritize identifying and preserving important items. Think family heirlooms or important things that have stories attached to them (i.e. great great grandmother's vase). Once the family treasures are identified it can help to sort objects into three categories: Things you use daily Things you use weekly or bi-weekly Things you rarely use or need   The rarely used objects can be stored, sold, or given away with the owner's permission. The weekly object can be looked at and see what is really essential, and the daily used items can be kept.  What are some essential actions seniors need to take? Essential Documents: Everyone needs to have a will drawn up and both kinds of power of attorney in place. These ensure your money goes to the people you want, and allows someone to make decisions on your behalf should you become incapacitated.   Advance care planning establishes the kind of health and personal care you would want in the future if you're unable to speak for yourself.   Funeral plans are best made early on, before illness or incapacity take hold. This way the wishes of those who depart are met. Some may opt to have a reserve of money set aside, so loved ones can worry less about money and celebrate the life of their loved ones more.   Financial Planning needs to happen, and as always, the earlier the better. Regardless of age that's the first thing to do. There are people who are going to retire in two years and they have no idea what their pension is going to be. This is setting yourself up for failure. You need to dig into those numbers and really have a good idea of what your budget will be on a monthly basis.   Housing is the next thing is look at your housing. Is it sustainable? Is it affordable? Do modifications need to be made? Have an accurate assessment of your housing situation.   Know your resources and how long your resources can sustain you, because that's going to determine your housing options. It's going to determine where you age, and your health care options. ### [Decorating Your Home After Christmas](https://www.sarniaproperty.com/blog_read/decorating-your-home-after-christmas)   Now that the Christmas decorations are ready to be retired, it's time to think about what kind of decorations you'll have for the rest of the winter. If your home is looking a little bare without your Christmas tree or trimmings then our team has put together some great tips on post-holiday wintry décor and style.   Today, we're looking at Decorating Your Home After Christmas.     1. Use a White/Blue/Gold/Silver Colour Scheme First, you should stay away from Green and Reds! Focus on White, Blue, Gold, and Silver! Red and green are universal Christmas colours, which you might want to make less use of after the Christmas holidays. Instead try to use blue, silver, and white to create a cooler atmosphere that portrays a cosy snowy feeling. Gold accents help create warmth throughout the chilly season. So, whatever you decide to put above the mantlepiece, try and use these colours if possible.   2. Switch Out Pine for Eucalyptus Second, try to avoid using too much pine. Instead, try other winter-inspired plants, like eucalyptus! Eucalyptus plants can be transformed to fit any season! They have a beautiful look and a refreshing scent that everyone enjoys. Replace the pine tree garland on your mantel with some eucalyptus leaves. You could even dress it up with snowy lanterns, candles and a winter quote canvas!   3. Add some throw pillows and blankets The perfect cure to the winter chill is BLANKETS! Who doesn't love a good blanket on a cold winter night? Drape your couches with fluffy or faux fur blankets and add the perfect accent pillows to winterize your living room!  You can even make your own pillow covers and add a winter touch with paint and stencils!   4. Add some candles Nothing makes a house feel more like a home than candles- especially during the winter! And chances are, you might get a candle or two for Christmas, making it a great time to start using them! Pick out some winter-inspired scented candles and place them around your home! You can use them for centrepieces on your coffee tables, dining room table, or side tables! The best thing about candles is the array of shapes, sizes, and colours they come in. Have fun with it!   5. Wall Art & Canvases Last but not least, try adding some wall art & canvases to beautify your space. If you're up for a fun DIY project, you can decorate your home with winter quotes and sayings that you design yourself. Choose colours that are blue, silver, and white to make them feel distinct from your Christmas decor. If Canvases aren't for you, you can put up winter-themed wall art. It can be anywhere from a snowy night to abstract details using winter-themed colours. ### [December 2021 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/december-2021-housing-market-update-for-sarnia-lambton)   December had 328 active listings and 105 sold, totalling $50 million in sales volume. Compare this to December 2020 where we had 105 homes sold, totalling $40 million dollars in sales volume.   December 2021 had an average of 24 days to sell, versus last December where it took an average of 24 days to sell. The average sale price was around $473 thousand dollars, vs $377 thousand in December 2020, which is a 25% price increase.     31% of homes sold were in both the $200,000 to $400,000 price range, and in both the $399,000 to $600,000 price range, and the average listing price was around $425 thousand dollars.     2021 as a Whole We had 1,960 homes sold and $930,000,000 in sales volume. The average home sold for around $475,000 in 2021 in Sarnia-Lambton.     Point Edward had 2 homes sold, having an average sale price of $530 thousand dollars, and there are no active listings.   College Park had 1 home sold for $750 thousand dollars, and there are no active listings.   Sherwood Village saw 1 home sold, having a sale price of $550 thousand dollars and there are 0 active listings.   Heritage Park had 2 homes sold, having an average sale price of $870 thousand dollars and there are 0 active listings.   Coronation Park and the Tree Streets had 3 homes sold, having an average sale price of $440 thousand dollars and there is 1 active listing.   Cardiff Acres had 5 homes sold, having an average sale price of $330 thousand dollars and currently there are no active listings.   Guthrie Park had 4 homes sold, having an average sale price of $470 thousand dollars, and there is 1 active listing.   High Park had 1 home sold, having an average sale price of $460 thousand dollars, and there are no active listings.   Northgate had 7 homes sold, having an average sale price of $380 thousand dollars, and there are 2 active listings.   Downtown Sarnia, including condos, saw 2 properties sold, having an average sale price of $290 thousand dollars and there are 3 active listings.   Mitton Village saw 4 homes sold, having an average sale price of $410 thousand dollars, and there are no active listings.   South Sarnia had 4 homes sold, having an average sale price of $300 thousand dollars and there are 5 active listings.   The Rapids Parkway saw 4 homes sold, having a sale price of $760 thousand dollars and there are no active listings.   Twin Lakes had 2 homes sold, having an average sale price of $875 thousand dollars, and there are 2 active listings.   Wiltshire Park had 3 homes sold, having an average sale price of $610 thousand dollars and there are 2 active listings.   Woodland Park & Oak Acres had 2 homes sold, having an average sale price of $600 thousand dollars and there are 4 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 1 home sold, having a sale price of $1.25 million dollars, and there are no active listings.   Blackwell had no homes sold and there are no active listings.   Bright’s Grove saw 2 homes sold, having an average sale price of $550 thousand dollars and there are 6 active listings.   Plympton-Wyoming saw 5 homes sold, having an average sale price being $650 thousand dollars and there are 12 active listings.   St. Clair Township saw 9 homes sold, having an average sale price of $575 thousand dollars and there are 7 active listings. ### [6 New Year's Resolutions for Homebuyers](https://www.sarniaproperty.com/blog_read/6-new-years-resolutions-for-homebuyers)     Are you thinking about buying a new home in 2022? Then check out some New Year's resolutions that will help you stay on the right path and improve your homebuying luck.     1. Avoid Big Purchases Your first new years' resolution is to avoid big purchases. Taking on large amounts of debt from vacations or vehicles is a great way to sabotage your ability to buy a home. Avoid making large purchases that cut into your savings for a down payment or put you into debt. Think about your debt-to-income ratio (how much you earn vs spend) as it has a major impact on how much money the financial institution will loan you.   2. Tackle Your Debts Second, in this new year, you will want to tackle your debts. Try and pay down as much debt as possible and try and keep your interest rates low. The more financially fit you are the better you will qualify for a home loan. Don't be fooled into taking on credit card or store credit lines that charge extremely high interest rates, this won't help your case at all! There are many philosophies for ridding yourself of debt, but the fact is, you will need to take action.   3. Establish a great credit history Third, work towards establishing a great credit history. If you don't pay your debts off on time, like credit cards, student loans, or phone bills, then your lender is going to question your ability to pay your mortgage. Your credit history could show that you are a responsible borrower if you pay your debts back on time. But they could also show you are a risk if you have too many credit cards, too much credit card debt and miss payments. Homebuyers should aim to improve their credit scores. The credit score is the currency of trust and reliability for lenders. It has a big impact on your homebuying power. When your credit score is low, the lender will not be willing to lend you as much as if it were high and it will impact your interest rate. Since mortgages are so large, even a few percentage point differences could translate to extra thousands of dollars out of your wallet over the loan's lifespan.   4. Limit job-hopping Remember, the lender's main concern is to recoup the loan they gave you. Having steady employment with fewer gaps over the past few years puts the minds of lenders more at ease. Lenders may look at how many jobs you've had over a period of time and may see constant job-hopping as a big red flag. Steady work gives a much better forecast of your income future, meaning less risk for the financial lender. Moving from an hourly job to a salaried job with equal or more compensation may help your application.   5. Cut down on excess spending Don't get dinged for high credit card use! Using the card too much can have a negative effect even if the card gets paid off every month. The reason is that your credit utilization ratio is a big factor in your credit score calculation. This number is calculated by dividing your total credit card balances by your total credit limit. Try to keep this number below 30% to maintain a good credit score. If you have Netflix, Amazon Prime, Crave & Disney Plus, or any of the monthly gift boxes to yourself, you may be cutting into your savings and it may be having a negative impact on your credit score. Find places where you might be mindlessly spending. Online banking apps can be extremely helpful by letting you view your spending habits and break them down by category.   6. Save More This is a resolution that everyone can get behind. Start small by setting aside a small amount like $50 a week. You may be surprised how quickly your savings will add up. If you've already been contributing to an RRSP, and are a first-time home buyer, individuals can use up to $35,000 of your RRSP to help finance your down payment on a home, while couples can use up to $70,000. You could also automate savings to specific savings accounts or regularly make contributions to a tax-free savings account. And if you haven't spoken with an financial investment company, financial planner or portfolio manager, you will be missing out on the growth and compound intere st that you simply don't get with banks. In order to save the most though, you will definitely want to set a budget, which forces you to live within your means, while also setting goals for specific amounts you wish to save.   ### [Step 1: Researching and Reaching Out to a Realtor](https://www.sarniaproperty.com/blog_read/step-1-researching-and-reaching-out-to-a-realtor)   You've seen the overview video of the 10 Steps of the Home Buying Process, and now it's time to look closer at each step individually. Here is Step One: Researching and Reaching Out to a Realtor.     Here you are at the starting point. You recognize your need to purchase a home and want to know what action to take next.   Thought and Discussion The first action I'd recommend is thinking about what you want and need. Chat with your partner about plans for the future, and the life you want to have. Think about your short-term and long-term goals and write them down.   Researching Realtors Once you've established the direction you would like to take, it's time to research a realtor who can help you meet your needs. So, what are the criteria to look out for in a realtor, and where do you search?   Well, for criteria, you'll always benefit from experience; whether that be in the form of a realtor or broker who's been very active for years, or maybe they've closely mentored a new promising salesperson you're considering working with.   Visibility Next, look at their visibility. Are they a top producer in your community, province, or even nationally? Have you ever been reached by an advertisement of theirs? Have you heard them on the radio or seen their signs on any lawns? Does their name or slogan at very least ring a bell?   Testimonials You'll want to see testimonials from past clients and case studies on their accomplishments. This is sort of a wide guess of what their character is like; the greater number of positive reviews, the higher the likelihood they're trustworthy.   Online Presence For this, you'll want to check out their online presence. Check out their Facebook, Instagram, LinkedIn, Twitter, YouTube, and Google My Business. The more positive reviews you can find the better. This phase is a great time to see how your realtor candidates appear before we even reach out to them. You want to get a feel for them and the impression they have had on others.   Reach Out Once you're impressed with a few potential realtors, it's time to reach out to them. Phone calls, text messages, or emails all work great. Pay attention to how long it takes to get a response back as that could be a reflection of how on the ball they will be when dealing with you. Now that you've made contact, you'll likely have an in-person meeting, where they'll discuss more in depth the value they'll bring if you choose to sign with them   Buyer Representation Agreement In this meeting, you may solidify your decision to work with them by signing a Buyer Representation Agreement. Now, once you've signed the agreement, the realtor is officially representing you, and they have to work for your benefit exclusively. So, that was step 1: researching and reaching out to realtors. You searched local realtors; you found a few with some solid reviews; You found some with competitive advantages; you contacted them and met with them, and finally, you signed the Buyer Representation Agreement with your top pick. Next, we're on to Step Two: Pre-Approval, where you find out the size of the loan the financial lender will approve you for. ### [The First Step: Researching and Reaching Out to a Realtor](https://www.sarniaproperty.com/blog_read/the-first-step-researching-and-reaching-out-to-a-realtor)   Step One: Researching and Reaching Out to a Realtor. Here you are at the starting point. You recognize your need to purchase a home and want to know what action to take next.     Think & Discuss Short & Long Term Goals The first action I'd recommend is thinking about what you want and need. Chat with your partner about plans for the future, and the life you want to have. Think about your short-term and long-term goals and write them down.   Research Once you've established the direction you would like to take, it's time to research a realtor who can help you meet your needs. So, what are the criteria to look out for in a realtor, and where do you search?   Experience Well, for criteria, you'll always benefit from experience; whether that be in the form of a realtor or broker who's been very active for years, or maybe they've closely mentored a new promising salesperson you're considering working with.   Visibility Next, look at their visibility. Are they a top producer in your community, province, or even nationally? Have you ever been reached by an advertisement of theirs? Have you heard them on the radio or seen their signs on any lawns? Does their name or slogan at very least ring a bell?    Testimonials You'll want to see testimonials from past clients and case studies on their accomplishments. This is sort of a wide guess of what their character is like; the greater number of positive reviews, the higher the likelihood they're trustworthy.   Online presence You'll want to check out their online presence. Check out their Facebook, Instagram, LinkedIn, Twitter, YouTube, and Google My Business. The more positive reviews you can find the better.   So, you can sort of see what we're doing here. We're doing basic detective work to see how your realtor candidates appear before we even reach out to them. We want to get a feel for them and the impression they have had on others.   Reach Out Once you're impressed with a few potential realtors, it's time to reach out to them. Phone calls, text messages, or emails all work great. Pay attention to how long it takes to get a response back, as that could be a reflection of how on the ball they will be when dealing with you.   Meeting & Buyer Representation Agreement Now that you've made contact, you'll likely have an in-person or video call meeting, where they'll discuss more in depth the value they'll bring if you choose to sign with them. In this meeting, you may solidify your decision to work with them by signing a Buyer Representation Agreement. Once you've signed the agreement, the realtor is officially representing you, and they have to work for your benefit exclusively.   So, that was step 1: researching and reaching out to realtors. You searched local realtors; you found a few with some solid reviews; You found some who stood out; you contacted them and met with them, and finally, you signed the Buyer Representation Agreement with your top pick.   Next, we're on to Step Two: Pre-Approval, where you find out the size of the loan the financial lender will approve you for. ### [Tips for Storing Wine at Home](https://www.sarniaproperty.com/blog_read/tips-for-storing-wine-at-home)   If you are a big wine connoisseur or just saving a few bottles to crack open on special occasions, it’s impo tant to understand how best to store them until you’re ready to partake. Tips for Storing Wine at Home.     Temperature Temperature is the primary factor that ensures your wine will be ready to drink when you are. Red wine should be st  ored at a temperature of 55 degrees Fahrenheit, while white wine should be stored at 45 degrees Fahrenheit. Sparkling wines and champagnes can be stored at 34 degrees Fahrenheit. When wine is stored at room temperature the quality of the wine can be negatively affected. Warmth isn't great for wine, as it causes the compounds in wine to breakdown. The same thing happens when exposing your wine to light for extended periods of time, it also causes it to deteriorate faster. When storing wines at home, keep them away from heat sources such as direct sunlight or appliances that produce heat like televisions and computers. Wine experts recommend using wine cellars because these units help maintain the right temperatures and control humidity levels, and they help you look after a great quantity of wine than smaller options. They also provide extra protection from light compared with traditional cupboards. If you don’t have a dedicated wine cellar, you could convert a room in your basement into one. Or use an unheated room in your a basement. Just make sure that the room doesn’t get too hot or too cold. Freezing causes expansion which can crack the glass or pop the cork.   Moisture The next thing to be aware of is moisture. If you are planning on storing your wine for a few  years, you don’t want the bottles to be exposed to too much humidity. This can lead to the cork becoming wet and eventually rot.   Ideally, the humidity level in your wine storage room should be around 70%. You can measure this by using a hygrometer. If your wine storage area is too humid, you put the corks at risk of mildew and spoilage.   Light Wine also needs to be protected from light. Ultraviolet rays can cause wine to age prematurely and impact the flavour. This happens so often there is a term for it, which is light-struck. Because of this, it’s best to store your wine in a dark place, like a closet or cellar.   Positioning For longer storage make sure to  store your wine on its side. This keep the cork moist and prevents it from drying out and shrinking. If you’re only storing wine for a short period of time, you can store it upright, but as stated before make sure to keep it away from direct sunlight.   Timing When you buy food it tends to come with the best before date. Wines often have a time frame in which they will taste best. If you’re not sure when to drink your wine, read the label or ask your local sommelier! If you opened a bottle of red and only had half a glass you can save it for up to four days by pouring the leftover into an airtight container, sealing it tightly, then storing in a cool dark place.   What type of storage is typically best? There are a few types of cabinets on the market, but most people find that a wine refrigerator is their best option. It can help to control humidity and temperature, while blocking the bottles from sunlight and other sources of light, thus helping to avoid common problems such as cork taint and premature oxidation. ### [10 Tips for Cutting Energy Costs at Home](https://www.sarniaproperty.com/blog_read/10-tips-for-cutting-energy-costs-at-home)   We all want to save money, and one of the best ways to do so is by reducing the amount of energy we use and waste. Here are 10 Tips for Cutting Energy Costs at Home.     1. Change your light bulbs. First, Change your light bulbs. Swap out your traditional light bulbs for LED or CFL bulbs. They may be a bit more expensive to buy upfront, but they will use much less energy and last much longer than traditional light bulbs.   2. Unplug electronics when not in use. Second, unplug electronics when not in use. Many electronics still consume power when they are turned off, so unplugging them when not in use can save you a lot of energy over time.  TVs, lamps, toasters, and latte machines all use energy when not in use. According to a California study, "About a quarter of all residential energy consumption is used on devices in idle power mode."   3. Use power strips. Third, you can use power strips. If you have a lot of electronics, you can save energy by using power strips.    Power strips allow you to turn off all of your electronics at once with the press of a button.  Some power strips have timer functions as well, which automatically turn off the power supply.   4. Install a programmable thermostat. Fourth, you might want to install a programmable thermostat.  A programmable thermostat can help you save energy by automatically adjusting your home’s temperature based on your schedule.  For example, you can custom set different temperatures for weekdays and weekends. The device learns what hours people are most active and can use less energy during periods when no one is around, or when people are sleeping, which saves money.  By programming the temperature controls, you can save 10%-15% on heating and cooling bills too! And if you would rather stick with your current thermostat, you can simply keep your temperature a little lower in the winter and a little higher in the summer.   5. Buy energy-efficient appliances. Fifth, another way to save energy is by buying energy-efficient appliances.  Many newer appliances use much less energy than traditional models, so they can help you save a lot of money in the long run.  A high-efficiency furnace, for example, can cut 50% of your fuel bill.  High-efficiency washing machines use 80% less water and can save you 65% of the energy.   6. Insulate your attic and crawl space. Sixth, you should insulate your attic and crawl space. When you look at the breakdown of heat loss in the home, a quarter of all heat loss is lost through the attic.  Insulation keeps both cool air and warm air in, which means you save year-round anywhere from 10%-50% on heating and cooling.   7. Update your windows and doors. Seventh, you might want to update your windows and doors. If your home hasn't had its windows updated in decades the chances are that they're wasting energy. Windows and doors typically account for a quarter of heat loss that occurs at home. You'll want to check the weather stripping around your doors and windows, and repair it.   8. Seal cracks and holes in your home. Eighth, try sealing any cracks and holes in your home. One of the best ways to conserve energy is to seal cracks and holes in your home. This will help keep warm air in during the winter and cool air in during the summer.   9. Hang your clothes to dry. Fourth, hang your clothes to dry. Drying your clothes using an electric or gas dryer can use a lot of energy, so try hanging them to dry instead. Clothes drying racks can not only save you money, but they also help reduce the amount of fade and wear.   10. Keep your AC filter clean. Lastly, keep your AC filter clean. A clogged or dirty filter will use more energy as your system tries to pull air through. It's like breathing through a straw, and that means working way harder to get what it needs. A dirty filter will mean having a home that might struggle to cool down or warm-up, and your air quality will also suffer as a result. ### [January 2022 Housing Market Update](https://www.sarniaproperty.com/blog_read/january-2022-housing-market-update)     January had 347 active listings and 81 sold, totalling $39 million in sales volume. Compare this to January 2021 where we had 86 homes sold, totalling $37 million dollars in sales volume.   January 2022 had an average of 19 days to sell, versus last January where it took an average of 31 days to sell. The average sale price was around $475 thousand dollars, vs $400 thousand in January 2021, which is a 19% price increase.   35% of homes sold were in the $399 thousand dollar to $600 thousand dollar price range, and the average listing price was around $472 thousand dollars.         Point Edward had no homes sold, and there are no active listings.   College Park also had no homes sold, and there are no active listings.   Sherwood Village had 3 homes sold, having an average sale price of $540,000 and there are 2 active listings.   Heritage Park had no homes sold, and there is 1 active listing.   Coronation Park and the Tree Streets had 2 homes sold, having an average sale price of $565,000 and there are 2 active listings.   Cardiff Acres had 3 homes sold, having an average sale price of $335,000 and currently there is 1 active listing.   Guthrie Park had 2 homes sold, having an average sale price of $450,000, and there are no active listings.   High Park had 2 homes sold, having an average sale price of $550,000, and there are no active listings.   Sarnia’s Northgate Area had 1 home sold, having a sale price of $390,000, and there is 1 active listing.   Downtown Sarnia, including condos, saw 5 properties sold, having an average sale price of $360,000 and there are 2 active listings.   Mitton Village saw 1 home sold, having a sale price of $400,000, and theref are 2 active listings.   South Sarnia had 7 homes sold, having an average sale price of $335,000 and there are 6 active listings.   Rapids Parkway saw no homes sold, and there are no active listings.   Twin Lakes had 2 homes sold, having an average sale price of $700,000, and there is 1 active listing.   Wiltshire Park had 5 homes sold, having an average sale price of $590,000 and there are 4 active listings.   Woodland Park & Oak Acres had 4 homes sold, having an average sale price of $510,000 and there are 3 active listings.   Woodrow Beach, Wees Beach & Oakwood Corners had 1 home sold, having a sale price of $460,000, and there are 2 active listings.   Blackwell had no homes sold and there is 1 active listing.   Bright’s Grove had 2 homes sold, having an average sale price of $750,000 and there are 6 active listings.   Plympton-Wyoming saw 5 homes sold, having an average sale price of $820,000 and there are 9 active listings.   St. Clair Township including Corunna saw 11 homes sold, having an average sale price of $495,000 and there are 11 active listings. ### [Step 2: Getting Pre-Approved for a Mortgage](https://www.sarniaproperty.com/blog_read/step-2-getting-pre-approved-for-a-mortgage)     Getting pre-approved really should actually come before step 1. Why? Because before your realtor can start sending you customized listings based on your needs, we need to know your price range.     Pre-qualifying vs pre-approval Getting pre-qualified is similar to getting pre-approved, but pre-qualification simply means that a lender has looked at your credit report and employment history and come up with a less rigorous assessment of how much you might qualify to be lent.   So, it gives you an idea of how much you can borrow but doesn't commit the lender to actually giving you a loan. Pre-approval, on the other hand, is a much more thorough process. It means that the lender has actually checked your credit score, verified your employment and assets, and agreed to give you a loan, as long as all of the information checks out.   Getting pre-approved for a mortgage is one of the most important things home buyers need to do. It's reassuring to home sellers because it shows that you're a serious buyer to sellers and that you have been approved for a specific amount of money. So now that we know the difference between pre-qualification and pre-approval, let's look at how you can get a pre-approval letter.   How to Get Pre-Approved First, you need to call up a reputable financial lender and request a pre-approval. Your realtor may have a few in mind they have worked with before and they may provide a few recommendations.   When you meet with a financial lender, you'll have to fill out an application with income, assets, and debts information. Lenders will ask for your driver's license or passport, social security number, proof of income, pay stubs, and determine the length of your current employment.   Assets and Debt With regards to assets and debt, if you've purchased an RV, a cottage, boat, or car and have successfully paid them off or are close to paying them off, the lender will look more favourably on you.   If, on the other hand, if you've racked up debt with financing on multiple assets, your loan may be negatively affected. You'll also need to show you are able to make a down payment and show you're able to pay for closing costs too.   Why Do Lenders Need This Info?  Lenders want to make sure you're who you say you are really a citizen of your country, and that you are employed, and they'll want to know how much you've earned year-to-date. All of this info helps them make sure you have no issues meeting your mortgage payments. Once this is done, the lender does several things: It pulls a credit report from one of the major consumer reporting agencies (TransUnion, Experian, or Equifax). Then they check your credit score against its own underwriting requirements for that loan product.   Then they verify employment, income, and assets with your employer and financial institutions. Altogether, this can take anywhere from a few days to a couple of months. For most people though, it usually doesn't take a long time. Once the underwriter has finished all these steps they'll give you a pre-approval letter. This letter states how much money the lender is willing to lend you and what the interest rate will be on that loan. Your pre-approval letter will also state the interest rate that you'll be charged on your mortgage. Now that you’re pre-approved, it’s time to move on to Step 3: Making a Wishlist! ### [10 Tips for Screening Tenants](https://www.sarniaproperty.com/blog_read/10-tips-for-screening-tenants)     When trying to find tenants, it is best to make sure they are the right fit for you and your property. That is why landlords need to screen tenants. But what does screening tenants look like? Here's a list of 10 Tips for Screening Tenants.     #1. Determine their budget. One of the very first screening tools for screening tenants is to determine their budget. This means asking which amount they are willing and able to pay each month.  Doing this allows you, as a landlord, to determine whether or not your place is within their price range. This is sort of like the pre-approval process for homebuyers, as it makes sure no time is wasted showing the property to someone who can't afford it.   #2. Take note of first impressions. This is the first and most important step; your first impression. When applicants reach out to you, and email, call or meet you, this is the time to pre-screen them.  This means paying attention to how they present themselves. If they sound professional, calm and courteous, you know you're on the right track. You never really want to be judgmental, but sometimes you just get a vibe that you shouldn't ignore.    #3. Find out if the applicant smokes. Speaking of smoking, you should find out right away if they smoke. You can't discriminate against smokers, or deny them the home due to this. If you do, you, as a landlord, could get sued. Renters 100% have a right to smoke till their heart's content. And you also have the right to make sure your property isn't damaged by cigarette smoke. Landlords have the right ask if a tenant is a smoker on application forms when they are apply to live in your rental property. You are able to include a no smoking clause in your rental agreement. If you are acquiring a property, though, where a smoker has already been living, you don't have the power to tell them they can't smoke in the home. If they sign the agreement you have a bit more power at the landlord tentant board.   #4. Good credit is essential. Having qualified applicants means having those that have good credit. Without good credit, screening tenants can be difficult because you may not know whether or not they pay their bills on time. It's best to check an applicant's credit score through the screening process before applying them for your rental property, as it can save you a lot of stress and complications in the long run and give you peace of mind that they will take care of your home.   #5. View their employment history. Like good credit, applicants with a stable employment history are more likely to be reliable renters than those without one. They also want to make sure that potential tenants have adequate income, which is around two times or more what rent costs, so if there were unforeseen circumstances such as loss of employment, applicants would still be able to cover rental payments. Evicting problem tenants who haven't paid is a real pain in the ass, which involves going to the landlord tenant board and making a case, then having to wait until it is processed and then settled.   # 6. References from previous landlords. Landlords should be wary of letting someone rent without knowing what type of renter they are, if they have damaged previous properties or failed to pay rent some time in the past. If they refuse to provide any references, and get upset that you asked for then, then you might want to just move on.   #7. Find out their ideal move-in date. This will allow you to plan time to adequately prepare the space before they move in. But it can also be a telltale sign that something isn't right. If the candidate is urgently rushing and pressuring you, it could mean they were just evicted. If this is the case, do you really want someone who was just evicted to become your potentially troublesome tenant? It's preferable to have someone move in with a good amount of notice given. Fast moves can lead to chaos and problems, while adequate time helps make sure you have order and smooth sailing.   #8. How many will be living in the space? Make sure you know everyone who will be living in the property, and have an agreement written up with each of them. This makes sure each tenant is responsible for the home, and that all responsibility doesn't fall on just one of them.   #9. View their social media. Google their name to see if they've been arrested. Check out their LinkedIn to see their job history, and if it aligns with what they told you. Check out their Facebook to see if they look like they would have noisy habits, or maybe see if they have a picture of them smoking when they said they don't smoke, or have a pet when they said they wouldn't have a pet living there.   #10. ID and signed agreement. This makes sure that you get each of their name, address, birth date, and other key information so you know they are who they say they are. It also lets the tenant know exactly what is expected of them while living in your property,  and it protects your property.   Good screening processes make for good relations with tenants. Tenant screening is important to find tenants who are trustworthy and responsible. ### [Asbestos in the Home](https://www.sarniaproperty.com/blog_read/asbestos-in-the-home)   The idea that a home has asbestos can feel a little unsettling, especially for first-time homebuyers. Most people just know to avoid breathing it in. But what is asbestos? And should you be concerned if a property has asbestos in it?     What is asbestos and where can you find it in your home? Asbestos is a naturally occurring mineral, which had been used in construction materials for decades. In the early 1980s many governments realized how dangerous this naturally occurring mineral could be. That's why the Canadian government began introducing regulations to limit its use around this time.   Why was asbestos used in home construction? Well, for one, there really wasn't an alternative back then. It was popular due to its resistance to fire, and its durability and tensile strength, which means it could hold up against strong forces without changing shape or breaking down. This made it perfect for things like insulation and floor tiles.   How does asbestos pose a health risk?  There are two main types of asbestos: "chrysotile" (white), and "amosite" (brown). There is evidence to suggest that both can lead to mesothelioma, an aggressive form of cancer. This is because fibres from the mineral become trapped in the chest or abdomen, causing cell damage over time.   Where might asbestos be found in homes? Asbestos was used in a huge variety of things, particularly in homes built or refurbished between the 1950s and 1980s. This includes: roof shingles and corrugated panels, paint and plaster, textured ceilings, wall and pipe insulation, drywall, vinyl flooring and linoleum, and caulking. And if you have some ancient appliances, you might find asbestos in dishwashers, fridges, heaters, ovens and stoves.   Should you be concerned about asbestos exposure in your home?  It's tough to answer. The damage caused by asbestos has been well-documented for decades; it clearly can result in serious illness, and the lung damage it causes is not reversible. Generally, though, the asbestos that was used in homes before 1990 has a low enough risk level. However, if it's broken or disturbed (like if you start renovating), dangerous fibres could be released into the air and inhaled or ingested, which increases your risk of developing an illness.    Can asbestos be removed from your home safely? Yes, but you'll want to do some thorough testing before doing anything major. You can purchase test kits online, which you will need to send samples back for analysis, or you can hire a certified hazardous material removal company to test your home, and remove the materials if any are found. If you're concerned about asbestos, make sure to call one of the many companies in Sarnia-Lambton that remove asbestos in residential and commercial spaces. ### [February 2022 Housing Market Update](https://www.sarniaproperty.com/blog_read/february-2022-housing-market-update)   347 active listings   February 2022: 120 sales, and $70 million in volume.   February 2021: 153 sales, and $77 million in volume.   Feb. 2022: average 12 days to sell. Feb. 2021: 25 days to sell.   Average sale price was around $580,000, vs $510,000 in February 2021   14% price increase on the average home from February 2021.     4 sales: 0-200K 26 sales: 200-400K 45 sales: 400-600K 45 sales: 600K+     Note: Active listing count as of March 3rd, 2022*   Sarnia North End: Sales: 25 Sales Volume: $14.5 million Average Sale Price: $580,000 Active Listings: 10   Sarnia South End: Sales: 48 Sales Volume: $23.5 million Average Sale Price: $490,000 Active Listings: 24   Bright’s Grove: Sales: 6 Sales Volume: $5.8 million Average Sale Price: $960,000 Active Listings: 7   Forest: Sales: 4 Sales Volume: $5.8 million Average Sale Price: $640,000 Active Listings: 2   Plympton-Wyoming: Sales: 7 Sales Volume: $6.6 million Average Sale Price: $940,000 Active Listings: 12   Petrolia: Sales: 4 Sales Volume: Just under $2 million Average Sale Price: $490,000 Active Listings: 0   Corunna: Sales: 5 Sales Volume: Just under $3.3 million Average Sale Price: $660,000 Active Listings: 1   St. Clair Township: Sales: 13 Sales Volume: Just under $9.9 million Average Sale Price: $760,000 Active Listings: 4 ### [Step 3: Creating Your Real Estate Wish List](https://www.sarniaproperty.com/blog_read/step-3-wish-list)     You've found a realtor, and you know how much you can afford since you've been pre-approved for a mortgage. With this info, you're ready to move on to the next step. Today, we're going to look at Step 3 in the 10 Steps of the Home Buying Process: Creating Your Real Estate Wishlist.     Making your wishlist is one of the most important steps of the home buying process. This is where you think about the features you want and need in a home. As you make your wishlist, make sure to ask your realtor questions, as they can help keep your list realistic and grounded. When creating your wishlist, start with the basics. Break aspects of the home into three main categories: I need this, I want this and I don't care.   Location First, consider location. Most cities have a wide variety of neighbourhoods, and they may have significant differences in average prices you'll find in each. Take into account location in regards to schools, shops, public transportation, health and fitness centers, etc. Or whatever is most relevant to you. You can adjust your list based on what you want to avoid as well. For example, some people might have had it bad with noisy neighbours in the past. If that's the case, then it might be useful to look for a part of town that is more quiet or a home that has features that dampen noise.   Home Type Next, consider the type of home you want. Are you a first-time homebuyer looking for a starter home? Then maybe a smaller townhome would be a good fit. Do you have a big boisterous family who needs space? Then maybe a detached single-family home is what you need. Are you a bachelor or bachelorette looking to home hack? Then maybe a duplex or triplex is what you need.   Features Consider the number of floors you want, the amount of accessibility you’ll need, square footage, bed and bathroom count, ensuites or walk-in closets, garages or sheds, sprinkler systems, security systems, a pool or hot tub, fireplace, finished basement and more.   Moving On With all this info, we can finally move on to Step 4 where your realtor can set up alerts and notifications when a listing that meets your criteria appears. ### [Top 5 Reasons to Choose a Realtor Over for Sale By Owner](https://www.sarniaproperty.com/blog_read/top-5-reasons-to-choose-a-realtor-over-for-sale-by-owner)     There are pros and cons to selling your home by yourself. On the one hand, you can save some money. But on the other hand, you might not get as good of a price for your home, and you might not have as much help in terms of getting your home ready for sale or finding a buyer. Here are the Top 5 Reasons to Choose a Realtor Over for Sale By Owner.     Marketing When you sell your home yourself, you will need to do all of the marketing. This includes learning new skills and putting them into action. When you hire the Blue Coast Team, you don't just get one realtor. Instead, you also get an administrative staff to help with organizing. You also get a photographer and videographer to take pictures of your house that look good. And then there is a media editor who will polish the pictures for everyone to see.   You will get a social media manager to promote your home. We will advertise it on social media channels and create ads for Google, Facebook, and YouTube. The marketer can also make radio ads about your property. And if you want to stage the house, we can do that too. This means that you have a team working to help meet your needs. This team includes specialists who can help get you the results that you want.   Qualifying Buyers Second, you are not likely skilled in qualifying buyers. When working with a Blue Coast Team realtor, you will have an agent working to qualify all those who want to see your home. We know the right questions to ask to make sure a buyer is qualified, motivated, and serious about buying. Many FSBO sellers find themselves wasting time with buyers who can't even get the mortgage loan from the bank to buy your home. This happens when you do not have enough qualifying.   Helping to Prevent Legal Issues You have to be careful when selling a home. This means knowing the law and following it correctly. There are many legal documents that must be filled out properly. One important thing to watch out for is disclosures. Sellers must tell potential buyers any information that is relevant to the sale. If they don't, the sale could fall through and cause legal issues. We know what to look for when we are selling a home. We also tell our clients what they need to disclose. We work with some good lawyers who can help us answer difficult legal questions.   Price Negotiation When you work with a realtor, the negotiation process will be more streamlined. This is because the realtor will know what to do and what not to do in order to get the best deal for you. If you are selling your home on your own (FSBO), then all of the negotiations will be up to you. To avoid buyers and sellers meeting, realtors need to do something. They should not let people meet because sellers often give away information that is very important in the negotiation process. If you're the seller, and the buyer's agents know about something that is important to you such as a timeline or needs, they can use this information to their advantage and negotiate a better price for their clients.   Effort If you are working full-time and have a family, it might be hard to sell your home quickly by yourself. Selling a home takes a lot of time and effort, which people who work during the day might not want to do. Working with a realtor means that someone else will take care of the showings and open houses for the seller, along with the myriad of other things we do for our clients. We at the Blue Coast Team give our clients honest feedback because we know how to get the job done. We have systems and plans in place for every step of the home selling process. ### [Step 4: Alerts & Notifications](https://www.sarniaproperty.com/blog_read/step-4-alerts-notifications)   You just finished making a wishlist on all the things you want and need in a home. Now those listings have to be sent to you. This takes us to Step 4 where we will set up Alerts & Notifications.     Now that your realtor has all the information of your wants and needs from your wishlist it’s time to create a profile for you. Every bit of information that you gave to us will be put into this profile.   And these include the considerations we had from the wish list video; like the number of bedrooms and bathrooms in the home, the style of the home, the location, the budget, and any other specifics from your wishlist.   So now we have your profile with all this great information in it, now you’ll be set up with your own client portal. Through our client portal, you’ll receive notifications anytime a listing that matches what you’re looking for comes on the market.   In case you’re not familiar with what a client portal is, it is an electronic gateway that allows you to access digital files or information which you can access over the Internet through any web browser of your choice.   When you access your portal you’ll be given the option to mark the listing as when you could be interested in, you could favorite it, or make notes about the property, which our team can act upon right away.   So the nice thing about being able to make notes on the properties that we send you is that we can have feedback on every single property we’ve shown you. It helps our team to zero in on things in a home that attract you and things that you don't like. ### [Step 5: Viewing Properties](https://www.sarniaproperty.com/blog_read/step-5-viewing-properties)   When we left off we had just set up alerts and notifications for when any homes that match your wish list appear. You kept an eye out for homes that interested you. Now that you've found some potential properties that fit your budget and wish list, it's time to start taking a closer look.   Today, we're on Step 5 of the Home Buying Process: Viewing Properties.     How do you get inside properties? So now, there are two main ways to view the property in person, which are showings and open houses.   What is a showing? A showing is where the realtor will take a walk with you through the home and property. Your realtor and you will agree to meet at the property at an agreed upon time, and look at the interior and exterior. We can do showings online for those who live at a considerable distance, but we always prefer to have clients walk through themselves.   During the showing or virtual showing, we'll answer questions about the home and property, and take not of questions you ask that we might not immediately have answers to. At the same time, we'll also get your feedback on the property.     What is an open house? An open house is an event where people are free to stop in and look for themselves, while a realtor is on hand to answer any questions. Often, those attending an open house will need to provide your name and driver's license to the realtor, especially if the home is still occupied.   The best way to get a feel for a property is to see it in person. So try to visit as many of the properties that interest you as you can. While you are viewing properties keep an eye out for any potential problems. Check for things like water damage, cracks in the walls or ceilings, or any other signs of disrepair.   Make sure to take notes on anything that is of concern or might need to be referenced later on. These notes can be helpful later when speaking to a home inspector. Pay attention to your gut feelings as you walk through, and try to keep your emotions in check. Keep in mind that it isn't your home yet, and there are still steps you need to take if you want to make it yours.   Finding your home is a process, and the more homes we get inside, the better chances we have of finding "the one". But once we do find a property that suits you, that means it's time to move onto Step 6, where you will make an offer on a home. ### [March 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/march-2022-housing-market-update-for-sarnia-lambton) March 2022 Housing Market Update.     There were 372 active listings in March 2022, and we had 157 sales & $84 million in volume.   Compare this to March 2021 where we had 188 sales, & $88 million in volume.   It took an average of 13 days to sell, versus March 2021 where it took 23 days to sell on average.   The Average sale price in March 2022 was $540,000 vs March 2021 where it was $470,000. Therefore, prices increased 15%.   Number of Sales by Price Range   5 sales: 0-200K 27 sales: 200-400K 48 sales: 400-600K 25 sales: 600K+     1st Quarter Stats for 2022   Average listing price : $465,000 vs $450,000 in 2021   Average sale price: $480,000 vs $430,000 in 2021   240 homes sold this quarter, vs 285 in 2021.   There were 300 new listings this quarter, vs 328 in 2021.   It took an average of 14 days to sell, vs 23 in 2021.   Individual Areas of Sarnia   Active listing count is a current snapshot… the count will change.   Sarnia North End: Sales: 24 Sales Volume: $13.2 million Average Sale Price: $550,000 Active Listings: 16   Sarnia South End: Sales: 66 Sales Volume: $495 million Average Sale Price: $490,000 Active Listings: 21   Bright’s Grove: Sales: 6 Sales Volume: $5.4 million Average Sale Price: $900,000 Active Listings: 4   Forest: Sales: 3 Sales Volume: $1.3 million Average Sale Price: $440,000 Active Listings: 6   Plympton-Wyoming: Sales: 10 Sales Volume: $8.1 million Average Sale Price: $810,000 Active Listings: 18   Petrolia: Sales: 10 Sales Volume: Just under $5.7 million Average Sale Price: $570,000 Active Listings: 1   Corunna: Sales: 11 Sales Volume: Just under $6.8 million Average Sale Price: $620,000 Active Listings: 4   St. Clair Township (excluding Corunna): Sales: 3 Sales Volume: Just under $1.25 million Average Sale Price: $420,000 Active Listings: 3 ### [Accounting, Taxes & Bookkeeping Tips for Entrepreneurs with The TaxForce Sarnia](https://www.sarniaproperty.com/blog_read/accounting-taxes-bookkeeping-tips-for-entrepreneurs-with-the-taxforce-sarnia)         What is the difference between an accountant versus a pop-up tax service?   Knowledge When tax season rolls around, many people find themselves scrambling to get their paperwork in order. Some opt to use a pop-up tax service, while others choose to work with an accountant. So, what is the difference between these two options? Using an accounting service, with professionals like CPAs, means you're hiring a trained professional who is familiar with the ins and outs of the tax act. An accounting firm will have a thorough understanding of all the rules and can save you a lot of headache.   Schooling Pop-up tax services are typically staffed by individuals with minimal education. Designated accountants, on the other hand, are better equipped to handle complex tax situations and can provide valuable guidance on how to minimize your tax liability. In Canada, it usually takes around 7-10 years to obtain a designation like CPA.   This designation is the culmination of years of hard work, and includes the completion of a university bachelors degree, the CPA course, the completion of the final exam, as well as 36 months of verified professional experience.   A Chartered Public Accountant CPA is a valuable asset to any business or individual. CPAs are highly trained in accounting, taxation, performance management, and finance, and they are regulated by strict ethical standards. As a result, they can provide an independent and objective perspective on financial statements and transactions.   In addition, CPAs are often well-connected within the business community, which can give them access to important resources and insights. Moreover, CPAs are required to complete continuing education requirements on a regular basis, which helps to ensure that they are up-to-date on the latest changes in the field. Taken together, these factors make CPAs a valuable asset to any organization or individual.   Service Although many small business owners handle their own finances and bookkeeping, there are several good reasons to hire an accountant. First of all, an accountant can save you time by staying on top of your bookkeeping and tax filings. This frees up your time to focus on other aspects of running your business. An accountant can also help you to maximize your deductions and minimize your tax liability.   In addition, an accountant can provide valuable insights into your financial data, helping you to make informed decisions about where to allocate your resources. Overall, hiring an accountant is a wise move for any small business owner who wants to save time and money.   Hiring a quality accountant costs money, but the level of service and benefits you receive outweighs the price tag. Hiring a high quality accountant really is an investment. A good quality accountant will get to know you both as a person and as a company. You can't be best served unless you are understood, in terms of your wants, needs, and goals, and this requires a good accountant really getting to know you on a more personal level.     Small Business and Entrepreneur Advice from The TaxForce:   What records should I be keeping? Small businesses should keep all records, receipts, and document it all. Simple programs like Dext can be helpful. You can take a picture of your receipt and it will categorize it for you (https://dext.com/) and at year end we can put it all in a spreadsheet. For more complex bookkeeping you can use Quickbooks Online (https://quickbooks.intuit.com/ca/) If you have a receipt that doesn't say your business name on it, it is a good practice to make note of what the purchase was for. The CRA doesn't like if your name and purpose of the purchase isn't on receipts. Any purchases for clients, or lunches should have notes on them.   How long do I need to keep records for? The offical rule for recordkeeping is that must contact the CRA to request permission to destroy your docs. Most often businesses follow a 7 year holding period as a rule of thumb, as when speaking with the CRA, they will often advise this amount of time. Audits can go back 4 years, but if things get really complicated, then they can go back 7 years.   What are some best practices for tracking and P&Ls? Keep track of your books as you go along; do NOT let things build up and get out of control, as that can lead to big headaches and disorganization and missed expenses. Weekly and monthly tracking is a great idea, and go through everything with Excel spreadsheets, Dext, Quickbooks Online, etc.   As a business owner, it's important to keep track of your numbers throughout the year. This helps you make informed decisions about where to allocate your resources and how to grow your business.   Tracking your numbers also allows you to spot trends and opportunities, and to identify areas that need improvement. Additionally, keeping tabs on your business numbers helps you stay compliant with government regulations and tax laws. By tracking your numbers, you can ensure that your business is on the path to success.   For any business, large or small, knowing your profit and loss is essential to making informed decisions about where to allocate your resources. A profit and loss statement (P&L) gives you a clear picture of your income and expenses over a certain period of time, so you can see at a glance whether your business is in the black or the red.   This financial information can be invaluable in helping you to set prices, manage inventory, and make other strategic decisions about the direction of your business. Additionally, by tracking your P&L on a regular basis, you can quickly identify any potential problems and take steps to address them before they become serious. In short, regular profit and loss statements are an essential tool for any business owner who wants   Best practises for bookkeeping When it comes to managing finances, most small business owners wear many hats. In addition to handling day-to-day operations, they also have to keep track of income and expenses, pay bills, and file taxes. For many business owners, this can be a full-time job in itself. As a result, many business owners choose to outsource their bookkeeping to a professional.   There are several upsides to hiring a bookkeeper. It frees up your time so that you can focus on running your business. A bookkeeper can provide good advice on financial management and help you save money in the long run. And a bookkeeper can take care of all the paperwork and filing requirements.   On the other hand, having a bookkeeper could mean you may lose control over your books, because you may become disconnected from daily, weekly, monthly and yearly spending.   Doing your own books can mean really having a solid understanding of your spending, leading to better decision-making. If you do bookkeeping yourself, you can save money by knowing exactly where you are spending. You can see areas where you're overspending, or you can see if you're not charging enough.   If you hate doing your own books and know you will put them off and that it'll be a pain for you, then hiring a bookkeeper is more likely the best course of action for you.   What are some of the top mistakes entrepreneurs make around tax time? Not tracking throughout the year can lead to things getting missed. Being organized and consistently tracking will save a ton of headaches. You'll miss out on tax deductions and end up paying more in tax when you fail to track.   Waiting until the last minute to get things done. This isn't good for either you or your accountant. Coming in with countless receipts several days before the due date is chaotic, and the probability of issues or errors occurring rises. Plan to have things completed and submitted in a timely fashion instead.   Not preparing for a tax bill. Look at your average tax rate (say 20%) and take 20% of every dollar and put it in an account you can't access, so when the CRA bill comes you have the funds waiting.   And if you owe less than you anticipated you'll have extra cash in there that's been set aside. Without saving up to pay the tax bills, business owners may find themselves owing a sizeable amount, with no money to pay it with, and having to pay CRA interest, which isn't tax deductible.   What is the due date to file your taxes? The due date to file taxes as a small business is June 15th, 2022, but if you owe money the due date to pay is April 30th, 2022.   What are some HST Best Practices? HST is never your money. Just like personal tax, don't spend it; open up an account just for HST, and one for personal tax. You can file monthly, quarterly or annually, depending on your business or volume of sales. Monthly is nice if you're worried about cash flow, as is quarterly.   Going to a higher frequency would also force you to do your books more frequently. Note: you need to be diligent, as if you miss your filing you'll be listed as a late filer and will incur a penalty, and you'll be charged interest on your overdue account.   Tips for newer entrepreneurs Engage with an accountant before you get into business. They will be able to help provide ideas to help you structure things in terms of the banking side of things, keeping things separate, optimal pricing strategies, etc.   Get set up with a proper bookkeeping system. You need to understand your books in order to understand your business and its profitability.   Keep track of your books all the time. Keep your books up-to-date. It is one thing to have a system, but if you don't use it then you are sabotaging yourself.   Caitlin Lawrence is a Chartered Professional Accountant with The TaxForce. You can reach Caitlin at Caitlin@thetaxforce.ca, or give her a call at (519) 464-2012. The TaxForce office is located 230 Christina St N, Sarnia in the old RBC building.  ### [Step 6: Making an Offer](https://www.sarniaproperty.com/blog_read/step-6-making-an-offer)     Things just got real. You got inside and viewed some homes, and found one that you want for your own. Now it's time to try and make this home yours, and that means it is time to make an offer.     Determining How Much a Property is Worth How do we determine how much we should offer? Your buyer will need to know the Fair Market Value of the property. To put it simply, fair market value is how much an educated buyer with all the facts, and by their own free will, would buy the home for.   To estimate Fair Market Value, we can look at a few different things; â—‰ Comparable homes: by doing a comparative market analysis, and seeing how much comparable properties have sold for in the area in a more recent time frame. â—‰ Sale Price: We can check if the home sold recently and how much it sold for. â—‰ Build/Buy Costs: Determine approximately how much it would cost to buy or build a similar home. â—‰ Expert Opinion: Or we can get the opinion of an expert like an appraiser.   Figuring out how much is reasonable to pay for the home will give us a better idea of how much we should bid. We want our clients to win the properties they want, but necessarily not at the cost of paying way more than they should for an overpriced home. With this number, the buyer has extra info to work with to make the most informed decision possible.   Choosing an Offer Price With FMV established, your Blue Coast Team agent will ask the buyer how much they are willing to offer, and provide their expert opinion on how they think is both reasonable and competitive. After some serious consideration, the buyer will have the final say on how much they would like to offer, and your Blue Coast Team agent will put together a written offer based on it. Your offer can be above, at, or below asking price.   Offer Presentation The meeting your Blue Coast Team buyer agent will have with the selling agent is called the offer presentation. We will present the offer and show the numbers, clauses and conditions. The seller can accept your offer as is, reject it outright, or come back with a counteroffer. If the sellers come back with a counteroffer. This is where your real estate agent will do their best to negotiate a deal that works for both parties.   Irrevocability Period or Irrevocable Period After an offer is made, there is a stretch of time called the irrevocable period, where the offer we submit is only valid for a certain amount of time. The Sellers will be thinking about whether or not to accept our offer during this time. If this time runs out and the sellers haven't accepted our offer, then we're no longer committed to buying the house.   Agreement of Purchase and Sale Once an agreement is reached, the details will be hashed out in the Agreement of Purchase and Sale. This document will outline all the important information regarding the sale, including price, conditions, and more. So make sure you read over it carefully before signing anything!   Next, once an offer is accepted, we will move on to Step 7: Fulfilling Conditions. ### [Step 7: Fulfilling Conditions](https://www.sarniaproperty.com/blog_read/step-7-fulfilling-conditions) When we left off, you had looked at a property and decided to put in an offer. Your offer was presented, and now the seller has accepted the offer! But things aren't finished yet! If conditions aren't met, the deal could fall through. This takes us to Step 7: Fulfilling Conditions.         What is a condition/contingency? Anything that needs to happen before the sale is considered final. The buyer and seller both could have a list of conditions that need to be met.   The 2 Most Common Conditions There are a number of other things that could be included as conditions. The two most common conditions include a home inspection condition, and a financing condition.   #1. Financing A financing condition means that the buyers need to secure financing for the purchase within a set period of time.   #2. A Home Inspection The home inspection condition is pretty self explanatory - the buyers want to have the home inspected by a professional to ensure that there are no hidden problems.   Other Possible Conditions:   Appraisal condition: This means having an appraiser evaluate how much the home and property is worth.   Title condition: makes sure the people you're buying from actually own the property and have dealt with any debts or judgments associated with the property.   Home Sale Condition: Or you may include a home sale condition so that the purchase of your new home depends on your current home being sold.   Forgoing Conditions Not every offer needs to have conditions, and forgoing conditions can sometimes make your offer more appealing. But your Blue Coast Team agent will help guide you through your best course of action.   Now that conditions have been fulfilled it's time to make it official, and that means having the sale has been legally recorded. Next, it's time for Step 8 where you will meet with a lawyer. ### [Step 8: Meeting with a Lawyer](https://www.sarniaproperty.com/blog_read/step-8-meeting-with-a-lawyer)   You are so close to owning the home you had an accepted offer on. But unless a deal is legally binding, it simply isn't a solid deal. That's why we're jumping right into Step 8, where you will meet with your lawyer!     This is an important step in the home buying process, and one that you can't skip. At the Blue Coast Team, we work with some solid, highly reputable and experienced lawyers we can recommend to you.   If you have a specific lawyer or firm you like, go ahead and use them. As long as the lawyer is licensed to practice in Ontario, you're good.     Why Do You Need a Lawyer? You need someone legally qualified to basically do any of the things they do for you. Legal documentation is incredibly tedious to go over. Even if you could understand it all the details, you'd likely be spending hours and hours going over it, and would assume the risk if you missed something. A good real estate lawyer has experience in all kinds of legal situations, and experience is worth its weight in gold.   Lawyers are educated and trained to make sure proper procedures are followed and details aren't missed during the purchase of property.   What Do Lawyers Do? They ensure that the sale of your home is legal and binding, and will protect your interests throughout the transaction.   The main document your lawyer will examine is the Agreement of Purchase and Sale, which is the document you submitted to the seller's agent when you made an offer. You need a legal expert who will catch all the details and make sure you're legally protected.   Lawyers do this by going over the documentation with a fine tooth comb, and zeroing in on important elements like the property's zoning, the deed, property tax, land transfer tax, and arrange for title insurance. You can ask about estate planning as well, so your family is best looked after in case of events like incapacity or death.   Legal Action Lawyers work hard to make sure you avoid legal issues. If any legal action needs to be taken that involves the home purchase, your lawyer will figure out the best action to take, while looking after your interests.     How Much Are Lawyer Fees? It depends entirely on whether you're the buyer or seller, and the complexity of the deal. Call around to get an estimate from some local lawyers.   Now that things are all figured out with your lawyer and paperwork, we're ready to move on to Step 9: Closing Day!   Check out our episode of Ryan Out Loud, Ft. lawyer Colin McElrea from GMSB ### [Ryan Out Loud - This Week in Housing (May 3rd, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-may-3rd-2022) Sarnia, bluewater bridge, lake huron, real estate, housing market, homes sarnia   This Week In Housing is Sean Ryan's personal breakdown of current events relating to real estate in Sarnia-Lambton, Ontario and Canada.     Let's look at the foreign buyer tax that's going all throughout the province. Let's look at open versus closed bidding, and the vacant home tax, interest rate, short term rentals, foreign buyers and school closures. And then also some great new things that are happening here in Sarnia-Lambton.     Open Bidding vs Closed Bidding The Ontario government says new regulations are going to take effect next year some time to increase transparency in the bidding process. So do we think it will cause more transparency in bidding? Will it make prices go down or do you think prices are going to go up? There's a lot of stuff that has to go through on it first... There are a lot of details they will have to work out, like what information is disclosed and what's not. And then, you know, my feeling is if you look in other countries, where does it stop? For example, if buyers see that a competing price is just $2,000 more, will they bid the $2,000? Will bids continue to battle back and forth rising the price in a manner equal or higher than blind bidding? By next year, the housing market will likely have cooled a lot so we might not need this measure anyway.    See the full article here: https://www.cbc.ca/news/canada/toronto/ontario-real-estate-blind-bidding-1.6424158     20% Foreign Home Buyer's Tax So, the other big story we're hearing about right now Ford government is boosting the foreign home buyer tax to 20%. In the Golden Horseshoe area, it has been only 15%, but now it's going province-wide. So will that cool down the market? What's the percentage of foreign buyers in Ontario right now? In 2020, 3.4% of buyers were foreign, with the majority being in areas in the GTA, and the Golden Horseshoe. In areas like Sarnia-Lambton, we haven't seen much action in terms of international buyers.   We are seeing some international students come in and buy homes. But these buyers shouldn't be affected because they're actually going to be living here. But in Toronto potentially 3% of foreign buyers are buying up condos.   See the full article here: https://www.cbc.ca/news/canada/toronto/ontario-foreign-buyers-tax-homes-1.6401674     Vacant Home Tax And then also we're seeing out west right now they're having the vacant home tax. Is that something that could come to Ontario? A lot of the foreign buyers that purchase property in the Golden Horseshoe area are buying properties that then sit vacant and nothing's really ever happening with them. Do you think the government will take action on vacant homes in Ontario?     Interest Rates Rates are going up a little bit, but do you think the rate increases are going to cool off the market? Do you think it's going to be enough to calm the housing shortage that we do have here in Canada?   I still think it's very historic low rates. When you look at the grand scheme of things like I remember in 2006 when I got into the business, you were getting approved at 4%, 5%, or 6% and that was a good rate. So, you know, in the States we're seeing rate increases go up a bit higher. But here in Canada, I'm not seeing a huge effect. I think it will take out some of those first time homebuyers maybe that were really on the edge of being approved in the first place and they might not get approved now. But again, I'd love to hear some feedback on it.     Interactive Virtual Tours Sort of cool things, though, happening in Sarnia-Lambton. Let's just get a bit more local here on what's going on there. There is a new interactive virtual tours. It's going to be now offering the heritage walking tours and the trees of distinction bike tours here in Sarnia-Lambton, Put the link there for you can sign up. It looks pretty cool. There's going to be a virtual interactive map that comes on and as well, that came from kind of the cove at times of everything being virtual. What just pretty cool.     Lambton Shores & Short Term Rentals Lambton Shores, they're registering mandatory for short term rental orders and owners in Lambton Shores, kind of somewhere like what they've done something in Sarnia, you know, is that needed? There's about 300 short term rentals in Lambton Shores. There are actually more short term rentals in Lambton shores than in the city of Sarnia. The city is trying to pass that bylaw right now and it is in the appeal process right now.   I think one thing that taught us over COVID-19 with all the quarantines we had to do, the Airbnbs in the short term rentals were actually very much needed. My wife and I, we own Airbnbs, and when COVID started a lot of our people cancelled but we end up housing and isolating a lot of people. It has been almost an essential service for some people.   But Lambton Shores, it's a lot of the waterfront, a lot of the cottages that's where the debate's coming in there. We got a lot of people from the GTA coming in, buying those cottages as rentals. Is it going to go through? I don't know. It is in the process. It's probably get appealed in a similar way the Sarnia one is, and just be dragged out while everyone figures it out. But it'll be interesting to see what happens there.     Reduction in School Enrollment The school board are seeing enrollments down. It's declined quite a bit compared to last year and over the last few years. So they're talking of closing more schools down. Is that a good idea? Should we be closing more schools down? If not, where will they get the money to keep them open? But also at the same time, we're seeing Camlachie, they just got $3.8 million in investment for the Ontario government.   So we're going to see a huge build out there, which is amazing because that area there is really under-serviced for school and that's going to affect housing prices as well in that Errol Village area have more schools, better schools available. More people are going to want to move that area.   Specific areas of Sarnia have been hit by school closures. The South End of Sarnia it's really affected that. We've had SCITS move out, and St Pats. I think that affects property value. I think it affects the walk score of the area.  ### [April 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/april-2022-housing-market-update-for-sarnia-lambton)   372 active listings in April   April 2021: 216 sales, and $100 million in volume.   April 2022: 141 sales, and $84 million in volume.       Average Number of Days to Sell   April 2021: 16   April 2022: 13 Average sale price:   April 2021: $460,000   April 2022: $600,000     Number of Sales by Price Range   7 sales: 0-200K 31 sales: 200-400K 48 sales: 400-600K 55 sales: 600K+     Individual Areas of Sarnia.  Note: Active Listings as of May 4th.     Sarnia North End: Sales: 34 Sales Volume: $13.2 million Average Sale Price: $670,000 Active Listings (as of May 4th): 30   Sarnia South End: Sales: 29 Sales Volume: $17 million Average Sale Price: $580,000 Active Listings: 37   Bright’s Grove: Sales: 6 Sales Volume: $4.9 million Average Sale Price: $610,000 Active Listings: 8   Forest: Sales: 7 Sales Volume: $4.7 million Average Sale Price: $680,000 Active Listings: 3   Plympton-Wyoming: Sales: 4 Sales Volume: $2.5 million Average Sale Price: $630,000 Active Listings: 14   Petrolia: Sales: 10 Sales Volume: Just under $5.3 million Average Sale Price: $530,000 Active Listings: 7   Corunna: Sales: 10 Sales Volume: Just under $7.8 million Average Sale Price: $780,000 Active Listings: 5   St. Clair Township (excluding Corunna): Sales: 9 Sales Volume: Just under $6.3 million Average Sale Price: $700,000 Active Listings: 11 ### [Step 9: Closing Day](https://www.sarniaproperty.com/blog_read/step-9-closing-day)   You're about to cross the finish line of the home buying process! This is Step 9 of the Home Buying Process... Closing Day!     So, what is closing day? It's the day when the deal is complete and you take ownership of the home.   What needs to happen on or before closing day? You have the option to do a final walk-though if you want on closing day.   And then there will be a fair bit of tedious paperwork that will need to be taken care of. The bank will get you several documents to sign. These documents are about your mortgage and the purchase of your new home. The lawyer is going to bring these documents to you and explain them to you. You will need to give the lawyer the money for the down payment and closing costs, so they can close the purchase.   What happens after the lawyer receives your payment? After you've paid the lawyer, they will register the purchase at the Land Title Office. You will then be listed as the new owner of the property. The seller gets paid and you, the new homeowner, receive the home deed and the keys. You're now the owner of a new home!   How to Make Closing Day Easier To make closing day easier, your lawyer may be able to prepare the necessary documents for you ahead of time. And he can give you the final figures a few days before the closing date too, and you can sign basically all these documents in advance.   So, now that you own the property, it's time to move on to the final step of the home buying process, which is celebrating your win and making the move. ### [Ryan Out Loud - This Week in Housing (May 11th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-may-11th-2022)   Low value on appraisals, real estate FOMO, how to get your finances in order, affordable housing, and Old Lake Shore Road. That's this Week in Housing.     1) Low Appraisals What happens on an appraised value when it comes up short? Especially with the market changing right now. If an appraisal does come lower than your purchase price, what do you have to do? But if the appraisal does come in low, do you have the money to make up the difference? What happens if the offers firm and it's not conditional upon financing? Just a couple of things you ask yourself. And I think when the market's constantly changing like it is right now, it's really good to be up on this information. If this happens, what can you do? You can try to renegotiate the purchase price with the seller. If they are willing to lower the price, it may bring it more in line with the appraised value. If the seller is not willing to negotiate, you can try to get a second opinion from another appraiser. Usually there will not be a big difference between the two, but sometimes, two different appraisers will have different opinions on the value of a property.   2) Real Estate FOMO What is real estate FOMO? It's the fear of missing out. There was recently a Great article for Money Sense Magazine, giving caution over real estate FOMO and making sure, especially as a young first time homebuyer you're not falling into that FOMO trap of real estate. Make sure you're working with professionals, talk to realtor, talk to your mortgage advisor, talk to your lawyer, and make sure you're getting proper information. So, you shouldn't jump into something because the fear of missing out. Fear is a negative. Instead, do your homework. How much is it going to cost me waiting another 1 year to buy, or 5 years. Do some calculations. If the numbers make sense, and buying or selling can help you meet your goals then go for it. Yes, by waiting, there is a higher likelihood you will be missing out. Taking action is a good thing. But make sure you buy doing it properly and just really educating yourself on the whole position.   3) Getting Your Finances in Order Another great one from this week was how to get your finances in order before buying a home, from the OttawaSun.com. The article does a really good job of giving you some good information to help you get ready, like having that steady income, and there are some tips on maybe improving your credit score and for helping save up for the down payment. And there's a lot of great other information there will put about down payments maybe you know, when to start saving. Lambton County has the down payment assistance program where you can use your RRSPs. there's also a lot of great incentives for first time homebuyers to get into homeownership. And, you know, maybe it's just buying staying outside of your area until you can't afford.   4) Affordable Housing This is a topic this could be a hot topic for the next month as we have a provincial election coming up and the soaring cost of living affordability. And I think that's going to be on the top of the mind of all Ontario voters, but whose job is it for affordable housing? And is the way they look at it now actually good for affordable housing or are they using it just to get votes? Many people we meet and talk with say politicians have been doing the same act over and over again for affordable housing. And most of time they villainize the real estate profession, and investors for making money and they tax them. Is it working or is it not working? They want to tax home flippers more. Well, that just stops home flippers from selling the home so they'll just rent them. How does that impact inventory? Should you be penalized for selling an income property with capital gains tax? Maybe instead they have to work on how to cut down red tape so we can get developments faster. And how do we make it less to build and to get permits? The fees in most municipalities are absolutely crazy on how much it costs to even get a permit before you dig a hole in the ground. What is the answer for affordable housing. I don't think it's just taxing the crap out of anyone that wants to buy and sell real estate and just taxing more and more. I think they have to come up with a plan because really they've been going out the same way for a long time. Nothing's changed. It's really it's the definition of insanity, expecting a different result.   5) Old Lake Shore Road Council has been discussing action to take on Old Lake Shore Road, and how to deal with the problems it faces. A large stretch of the land between the cull drain and Mike Weir Park collapsed in 1973 during a big storm. All these owners back in '73 have encroached on it and built structures on it. A lot of them thought they owned and had no idea. So who gets ownership on it? Should the city go after it or leave it be? Should they spend the money on the legal costs to recoup it and then put in a walkway? I think there should be fair rights to everyone, but who's entitled to this. Is the cost worth the burden of it? Blackburn News did a great article on this topic.   6) Past Week Real Estate Stats Let's do a quick recap now from 2021 versus this week. In 2021, there were 65 sales for this last week, 23 homes came off the market.. that's a lot of homes that come off the market. But what was interesting was last week we had we had 44 new listings, 44 sales and had 7 come off the market. It was very interesting, because for the last couple weeks we've seen more listings and sales. Now we're back levelling back out so was that just a blip in the market and we're going to see things heat up again? Maybe prices keep going are we're going to see them level up, love some hear feedback on that.   References: https://www.canadianmortgagetrends.com/2022/05/what-happens-when-appraisal-values-come-up-sho https://www.moneysense.ca/spend/real-estate/real-estate-fomo/ https://ottawasun.com/moneywise-pro/borrowing-money/how-to-get-your-finances-in-order-before-buying-a-home https://www.thestar.com/business/2022/05/08/soaring-cost-of-living-eroding-affordability-top-of-mind-for-ontario-voters.html https://blackburnnews.com/sarnia/sarnia-news/2022/05/09/council-asked-reaffirm-ownership-along-stretch-old-lakeshore-road/?fbclid=IwAR3cSA_3Nv7JDIT-VdVQz1fJXr7eOcQftukHAiNUS7KXcAV6Jmz9fAw49MM ### [Step 10: Celebrate and Move](https://www.sarniaproperty.com/blog_read/step-10-celebrate-and-move)   You did it! You found your dream home and your offer was accepted. Congratulations to you and your family. Now it's time to complete the last step of the home buying process, where you Celebrate & Move.       Celebrate You just made one of the biggest and most important purchases of your life! That's why we always encourage our clients to celebrate after the deal closes.    Our philosophy is that buyers should set the tone of their new life in their new home positively. Do some de-stressing after closing. Get out and spend an evening at a restaurant, or maybe take a weekend spa getaway if possible.   Try cooking a special meal at home with friends or relatives. Or plan to throw a customary housewarming party after you move in. Whatever you do, make it special.   Move In the weeks leading up to your moving date, you'll find it helpful to identify and organize your possessions in 3 categories: things you use often, things you use occasionally, and things you use infrequently. Start boxing up the stuff you use rarely first, then work your way to your daily use items as your approach moving day.   You'll want to do solid preparation for moving day. If you aren't inclined to do heavy lifting, contact some of our many moving companies in Sarnia-Lambton.   Alternatively, recruiting friends and family can be great, but often work days can prevent willing volunteers from helping. If this is the route you'd like to take, try making your possession date on a weekend, where more volunteers are available. Most people who are moving themselves can rent a cube van from places like U-Haul or Enterprise.   That's it; the 10 Steps are done! Cheers to you, and your new life.   ### [Ryan Out Loud - This Week in Housing (May 17th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-may-17th-2022)   This Week in Housing, we're discussing the home equity line of credit, Sarnia's new retirement community, elections, Sarnia's entrance signs, building a community centre in Bright's Grove, the city's dealing with homeless camps in our area, and a breakdown of the housing market.     Home equity line of credit What is the biggest advantage of a home line of credit? You'll have access to credit at an interest rate that's lower than other types of credit. It's a fantastic idea to put in place, and you should do it whether or not you need it. We can really take use advantage of all the new house equity we've acquired in Sarnia-Lambton. Go ahead and collaborate with your bank and your lender to set up a home equity line of credit. This would allow you to make the most of all that equity you've gained.   We've linked some articles below for some best practices with the also with our new partnership with Cake Mortgages. You can link in there to and they got over 90 lenders to look at by getting that home line of credit set up as well so great thing to really look at as well.   Retirement Communities In Sarnia, there are some great new retirement communities being built. There will be 160 apartments for independent seniors and 17 townhouses on the property.   This will be located at the old Bayside Mall. It's going to be a new gem for our downtown. Seeing this project come to fruition is absolutely amazing, especially someone who lives and works close to downtown. The last big development saw on Sarnia-Lambton downtown really was the art gallery. I think that really kickstarted a lot of the development and stuff that we see here.     Elections So we'll have elections in the near future. Who is the greatest choice for Sarnia-Lambton? Do you think Bob Bailey will be reelected as the Conservative Party candidate, or will it be changed in Sarnia-Lambton? This year there are a lot of new faces on the ballot.   For new additions there's the New Blue Party that's entered the race. It will be very interesting to see how the election turns out this year. What impact could the new parties have in Sarnia-Lambton? Or will things this be status quo in Sarnia-Lambton?     Sarnia Entrance Signs The welcome to Sarnia signs are finally getting replaced. We've attached a great article here from the Sarnia Observer talking about that. The cost is just over $100,000 to do the job. But an upgrade could look great for our area. What should they be like? What should it be on? It should be interactive and digital?     Bright's Grove Community Centre 4/5 people surveyed in Bright's Grove have expressed interest in building a community centre for decades, but none have been built. The city council is expected to decide next week whether to spend an additional $240,000 for more detailed design work. The project has already received $120,000 in funding.   The proposed 670-square-metre expansion would need to be designed, and the overall cost is expected to be between $5 million and $8 million.     Homeless Camps They've been really working to deter homeless camps in the city of Sarnia. There could be a bit more control and organization and make it safe for the people that are homeless and also the community. It's really an ongoing problem in every community.     Housing Market Stats Let's look now at some local numbers in the market, what we saw last week. In the previous week in 2021 we saw 55 homes sold for this last week, and 5 came off the market. In this past week in 2022, we saw 59 new listings, 41 sold, 3 came off the market. So we're behind in the amount of sales compared to last year.   What's Affecting the Market? You know, I think there's a lot of things affecting the market right now. You have interest rate hikes, obviously. There is some uncertainty with the world right now. I think there's a bit of a blip in the market right now. I think what we're going to see is once these interest rates kind of level off and people realize, hey, the rates are still good, the sky is not falling, I think you're going to see the market pick right back up.   I think this is a really good opportunity for some buyers right now. Go to your agent, say, "Hey, send me a list of all the listings that have been on the market for 30 days and let's go after those maybe we can buy for less than asking or shave some money off it." We can negotiate some terms like we're seeing home inspections back in deals again more and more often.   So really good opportunities there. If you are a buyer, look at those older listings, you know, maybe they're even 5% above your price range and you can negotiate them down more into your price range.     References: https://www.castanet.net/news/It-s-Your-Money/368263/When-to-use-a-Home-Equity-Line-Of-Credit https://bit.ly/cakemortgages https://blackburnnews.com/sarnia/sarnia-news/2022/05/16/county-city-working-deter-development-homeless-camps/ https://blackburnnews.com/sarnia/sarnia-news/2022/05/12/company-pleased-progress-sarnia-retirement-community-thus-far/ https://blackburnnews.com/sarnia/sarnia-news/2022/05/13/ballot-set-provincial-election-sarnia-lambton/ https://www.theobserver.ca/news/local-news/contract-awarded-to-replace-some-sarnia-entrance-signs-add-more?fbclid=IwAR0S3u04GKwZXI_iyHwLqAihfvjqppJrqn5L8XQFYkvybiQ7Ghid53DoIQM https://www.theobserver.ca/news/local-news/former-community-centre-advocacy-group-supporting-brights-grove-hub-proposal ### [Patio Trends 2022](https://www.sarniaproperty.com/blog_read/patio-trends-2022)   Outdoor spaces have become more important in recent years, especially after a lot of us were cooped up in our homes. More than ever, people are realizing how much they like spending time outside.  There are some simple things you can do to make your outdoor space more comfortable and inviting.    Using popular colours, attractive furnishings and decorative accessories, you can craft your outdoor patio oasis in 2022. Prepare to be inspired!         Natural Tones & Minimalism   Less is more in 2022. Reducing the bulk in your backyard and patio can give you a sense of calmness, as well as beautiful, unrestricted views of your backyard, landscape, and environment.   Use thin metal railings, lighter wood finishes, or try whitewashed or grey stains to take the deck out of the centre and allow your backyard setting to shine. You may also add a few bursts of colour with outdoor cushions and custom-made cushions, or stick to the minimalist theme and use natural tones.     Modular Furniture   Modular furniture is quickly moving out of the house. It's a simple way to change up the appearance of your outside living area with sectionals that can be readily switched and custom patio cushion replacements. Look for furniture and outdoor décor with organic-looking features such as wood, eco-friendly poly-rattan, and macrame to create a basic design.     Unique Grills or Backyard Bars   For those who enjoy entertaining, gas grills have been replaced with more magnificent and creative outdoor kitchens. In 2022, outdoor cooktops, wood-fired pizza ovens, and bar areas will be popular additions to outdoor living spaces. Outdoor kitchen bars can boost the luxury of your backyard.   Deck Lighting   Lighting is a cost-effective approach to improve almost every outside area. So, where are some key spots to set up lighting? Try installing strip lights along a railing to brighten a pathway, or string bulb lights along a pergola or posts to set the mood and supply illumination for nighttime usage. Deck lighting allows you to get more use of your property, even after the sun goes down.    Vertical Gardening   Vertical gardening is extremely versatile! You can even create a vertical garden on a smaller balcony if you want to get the most out of your outdoor area. If you've always wanted to include some nature or a herb garden but didn't think you had enough room, it might be time to reconsider.   ### [Ryan Out Loud - This Week in Housing (May 26th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-may-26th-2022)     What are we looking at here today on This Week in Housing?   Real estate mistakes to avoid... candidates running in the upcoming provincial election & their stances on affordable housing... the new federally proposed anti-flipping tax & more!     Provincial Election & Affordable Housing It's a big topic question we're seeing right now is a very hot topic affordable housing, especially as the market is the way it is right now.   While visiting the real estate board at one of the Sarnia-Lambton Chamber events a few weeks back, I don't think anyone really gave us a clear answer on how to fix affordable housing and how they're going to move forward.   It seemed like most of their answers, as usual, were not a direct answer. Just more taxation of investment properties and things that are unlikely to actually help, while hurting local entrepreneurs. I don't see any clear answers coming in this provincial election.   Do you think any of these candidates actually have a true winning strategy for how to fix affordable housing here in Sarnia-Lambton, or in the the province? My view: I think it really comes down to cutting down the red tape to make it easier to develop land and get homes built faster.   The same goes with reducing costs to get permits. And that alone would cut down so much red tape in Ontario. Why do we have the land transfer tax to electronically change the ownership of land for about 1% of the purchase price? That's a huge barrier right there, considering the average home price in Sarnia-Lambton is $500,000.   And if you're not a first time home-buyer, that's about a $5,000 tax. That could be a big barrier to someone and could make or break their purchase. So we should see what happens on that.   Outdoor Space for Cooking Another great article we have is about creating an outdoor space for cooking in your yard. I love outdoor kitchens. They're perfect for entertaining. When you're designing your outdoor kitchen, think about the connection between the indoor and outdoor spaces. For example, what will be the path from inside to outside?   Think about what fuel source you will need. This includes things like natural gas and propane. You need to make sure that you will have access to these things.   You can find ideas for your home's design online by looking at websites like Google and Pinterest. You don't need to spend a lot of money on an outdoor kitchen set to make your yard look great.   Adding a home addition can be a great way to improve your property without spending too much money.   Community Centre in Watford The Watford community is getting a new community centre. They have raised over 1 million dollars for the project. This is great news for the town and the new community centre. This community centre is great for housing in the area. It's just another draw to buy in those small rural communities inside of Lambton County.   Apartment Complex Near Lambton Mall There is a major apartment complex proposed near Lambton Mall. Do you remember the Lambton Nine Cinema movie theatre? Norm's Pub, or The Green Room as it was called before that? I think everyone has memories there. Developers want to build apartment buildings there.   This is another perfect example of affordable housing and we should be fast-tracking this. It would be great for the tax base with 324 rental units right by the college.   Some of them maybe can house students and that will help free up some housing in areas like Sherwood where we're using residential homes as student rentals when, maybe, we shouldn't be.   Students would be close enough to college and grocery stores that you wouldn't even need a car to live there. All the shopping is there, the malls there, you're on a transit route, and highway access. It's a no brainer. I really hope to see the city fast track this and get this approved ASAP.   My opinion: Let's get up and running because the longer these things wait is, the more they're going to cost. That's the big problem with these projects here.   Mistakes To Avoid When Buying a Home Some mistakes you should avoid when buying a house in Sarnia-Lambton:   Not taking into account market changes before selling your home can be a costly mistake. Make sure to research what the average selling prices are in your area and price your home accordingly. If the market shifts while your home is on the market, you may end up having to sell it at a loss. Not getting an appraisal for your buying price is a big mistake. An appraisal will help you know how much your home is worth. You need to have an accurate idea of what your home is worth in order to find a buyer who is willing to pay that price. Pre-qualifying is not in-depth and is an extremely simple & casual glance at the numbers. Pre-qualifying has zero value when it comes to actually taking action and buying a home. Pre-approval, on the other hand, means the lender will formally run numbers, and input a ton of data, which helps them to determine exactly how much they are willing to lend you.   Want more? Check out the article below under "References."   Anti-Flipping Tax Proposal by the Federal Government Do you think that taxing people who are improving and flipping properties will help to slow down the market? Do you think it will have the effect they want? Will it increase or decrease the available housing stock? Not sure, but I sure know that meddling usually doesn't have the positive effect they intend.   A couple of things very wrong with this Federal Government saying, yeah, we're going to add money to the budget. And I think they said something like $52 or $62 million, which is a lot of money, but really isn't a lot of money in the grand scheme of things and it doesn't create any more housing stock.   The Federal Government said that they are going to add $62 million dollars to the budget by taxing these workers. This is a lot of money, but it is not a lot compared to what the government spends on other things. And this money will not create any more housing stock.   And people are just going to bypass the tax by renting the space for a year during flips, which further reduces housing. They are just going to factor into their costs f holding that home for a bit longer and renting it out.   Do people like outdated homes with broken down appliances and outdated colours? NO! People actually like buying fixed up homes. If you look at the homes that go crazy with bidding wars, they are almost always the fixed up homes, while the homes that are estate sales and they need work those aren't going nearly as crazy as the ones that are all fixed up.   My opinion: They kind of missed the mark on that and it seems like it could do more harm than good.   References: blackburnnews.com/candidates-sarnia-lambton https://theobserver.ca/housingshortage https://www.realtor.ca/blog/OutdoorKitchen www.advisor.ca/anti-flipping-tax  theobserver.ca/watford-community-hall thesarniajournal.ca/apartment-complex-lambton-mall ### [7 Questions to Ask Your Listing Agent](https://www.sarniaproperty.com/blog_read/7-questions-to-ask-your-listing-agent)   You are ready to buy a new home, and that could mean downsizing or moving into a bigger home. We have over 300 real estate agents in Sarnia-Lambton. With such a big selection of realtors, how are you going to select the most qualified agent to sell your home? Here are 7 questions your need to ask your listing agent.       Question #1: How much experience do you have? Ask them to tell you how many years they've been active, and estimate or provide the average number of sales they make in a normal year. The longer they    Question #2: Are you a full-time realtor? You want to work with an agent who is dedicated and has the time to devote to marketing your home and dealing with any issues that may come up. Hobbyist or part-time realtors might be okay, but home buying and selling is such a big purchase, it makes sense to have a realtor give you their full attention and effort.   Question #3: How do you market homes, and can you provide examples? Old school real estate marketing was like a fishing rod. Yes, it could get the job done eventually, but it simply wasn't the best to find the most buyers.   Modern marketing is much more like using a big net on a fishing boat, as opposed to the fishing rod on shore. Print marketing, radio, and social media sites allow us to reach anywhere from tens of thousands, to over a hundred thousand people with your home listing.   Get them to show you plenty of proof and examples of their work, and make sure they have an advertising budget, and get them to give you an estimate of their ad reach.   Question #4: Are you a strong negotiator? Some agents will be able to get you top dollar for your home, while others will let the buyer low ball you and take advantage of you. If they're worth their salt, your agent should be able to counter any offer that comes in too low and aim to get a higher, but fair price for you home.   Question #5: How will we communicate, and how often?  You should be able to get in touch with your agent when you need to, and they should keep you updated on a regular basis.There's nothing worse than an agent who falls off the face of the earth after you sign a contract with them.   Question #6: Can you provide me with references or testimonials? You want to be able to hear from other people who have worked with this agent and see if they would recommend them. You could ask them for references from the last few sellers they worked with them, or check out their reviews and testimonials. Facebook and Google My Business are two great places to check out reviews.   Question #7: What kind of results have you achieved from other sales? An experienced agent will have a long list of happy clients and successful sales. They should be able to provide you with data on the homes they've sold, how quickly they sold, and for how much. This information will give you an idea of what to expect when working with this agent.   Choosing the right agent can ease the stress of selling. When you call any agent at Blue Coast Realty, we have solid answers for each of these questions and many more. If you're looking to sell, give us a call today: (226) 778-0747. ### [6 Tips for a More Organized Garage](https://www.sarniaproperty.com/blog_read/6-tips-for-a-more-organized-garage)   Don't be the guy who can't park in their garage because it is packed with boxes, tools, and out-of-date clothing. A garage is where you should park your vehicle, manage your supplies, and store bulky equipment. It shouldn't be a garbage dump.   Now is the perfect time to start taking back that space. Here are 6 tips for a more organized garage.       1. Storage Towers A lot of people have stacked bins, and gear lying on the floor. This is really a poor use of vertical space, so we should start by adding storage towers.    Plastic bins can be very helpful for storing sports gear, apparel, or toys. They are easy to stack on top of each other, but this can make it difficult to reach the bottom boxes.   Install storage towers can be customized to fit each box perfectly on its own shelf for easy access. And on the sides, you can place narrow tools or supplies for extra organization.   2. Wire Shelving So, we've taken care of the bulky bins in your garage, now we can install some wire shelving. Adding wire shelving gives you a clear view and easy access of your items, while taking up minimal space. You can organize things by need and dedicate a space for each member of the family.   3. Corner Shelving Corners are often very under-utilized in garages, which is why it can be smart to add some corner shelving. You'll find you can find a surprising amount of items on a corner shelf, while it stays conveniently out of the way.   4. Dealing with Tools Okay, now let's talk tools. First, we have the option of buying a tool chest. These are really nicely designed. For those with a ton of tools, these can be essentials.   Otherwise, if a tool chest is too bulky, you can hang up your tools on your walls. For shovels, try hammering two nails in close proximity to each other on the wall.   Place your shovel face down so that the widest part sits atop the nails. For some tools you could even add a magnetic strip to your garage wall and place magnetic attachments on the handles of your tools. You can also hang items on the wall using hooks. You can screw hooks right into the wall of your garage, but if you want fewer drill holes, you could make use of a pegboard.   5. Pegboards Pegboards can be customized to your liking to fit tools like wrenches, hammers, screwdrivers, saws, levels, pliers, drills, wiring, and so much more.   6. High Cabinets You won't always need immediate access to all your items. Some things will be best stored out of sight until the time or season they are needed. This is where installing high cabinets can be helpful.   Just like with storage towers, high cabinets allow us to make use of vertical space. Certain chemicals can be dangerous, especially for curious children who don't know any better.   Storing them high helps keep your things organized and keeps your kids safe. ### [May 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/may-2022-housing-market-update-for-sarnia-lambton)       475 active listings   May 2021: 221 sales, and $101.9 million in volume.   May 2022: 183 sales, and $101.8 million in volume.   38 fewer sales, but only $180 thousand dollars less in volume. Average Number of Days to Sell:   May 2021: 14   May 2022: 16 Average sale price:   May 2021: $461,000   May 2022: $556,000   That's a 20% price increase on the average home   Months of Inventory   May 2021: 2 months of inventory   May 2022: 3 months of inventory   Number of Sales by Price Range: 9 sales: 0-200K 38 sales: 200-400K 67 sales: 400-600K 67 sales: 600K+   Flashback 5 Years Ago to May 2017 98 sales: 0-200K 95 sales: 200-400K 26 sales: 400-600K 8 sales: 600K+   Individual Areas of Sarnia   Sarnia North End: Sales: 35 Sales Volume: $22.5 million Average Sale Price: $643,000 Active Listings: 41   Sarnia South End: Sales: 45 Sales Volume: $22.7 million Average Sale Price: $504,000 Active Listings: 46   Bright’s Grove: Sales: 10 Sales Volume: $6.75 million Average Sale Price: $675,000 Active Listings: 7   Forest: Sales: 4 Sales Volume: $1.5 million Average Sale Price: $375,000 Active Listings: 3   Plympton-Wyoming: Sales: 10 Sales Volume: $10.6 million Average Sale Price: $1.06 million Active Listings: 19   Petrolia: Sales: 17 Sales Volume: $8.6 million Average Sale Price: $506,000 Active Listings: 10   Corunna: Sales: 10 Sales Volume: Just under $6.9 million Average Sale Price: $690,000 Active Listings: 6   St. Clair Township (excluding Corunna): Sales: 14 Sales Volume: $8.7 million Average Sale Price: $621,000 Active Listings: 8 ### [Ryan Out Loud - This Week in Housing (June 6th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-june-6th-2022)   We're going to be talking today about investing in real estate through REITs. We're going to look at how many months of inventory we have coming on right now. What's the new interest rate doing to people looking to buy? We'll also talk a little about the municipal election we had. That's This Week in Housing on Ryan Out Loud.     REITs So the first thing we talk about, a lot of people talk about getting into real estate investing. And it's really scary for a lot of people, especially looking to get into real estate, into the commercial side of investment. And there's a good thing you guys could talk about. And it's a great article about the pros and cons about investing through real estate, through a REIT.   So there's a lot of public funds for this. It's another way to get into real estate investment without any risk or sorry, not any risk, but as much risk and at a lot less of a threshold for how much capital is going to be required as well for you to get into that.   Temperatures are Rising... so is Home Demand So a great way Money Sense Magazine, great article they dropped here that you could read into as well. So, you know, last month we looked at this article from Blackburn News and says an increase in real estate listings wanted as temperatures rise. If you're looking to list your home shoot me a call today: (226) 778-0747.   Months of Inventory You know, we looked at the month of April, we saw four months of inventory. For the month of May, we saw three months of inventory. And just for a bit more perspective for people with that means; zero to three months of inventory is a seller's market. Three to six months is a balanced market. And we're seeing that 6+ months is a buyer's market.   So we're seeing right now with that inventory and we talked about this early as market update is, you know, not every home is going into that wild bidding war and seeing prices go over, it's a bit less predictable on what's creating a bidding war as well.   Pro tip right now with the more inventory: say your budget is $400,000, you can't find anything in it, you know. Ask your realtor. Look, for listings that have been on the market for 30, 60 days now and maybe they're priced at $410,000 for $420,000. There's a possibility that you can maybe negotiate that price down.   Provincial Election So we had an election last night and conservatives got in but it was kind of interesting because it was the fewest amount of voter turnout I think they've ever historically seen.   I think it was only a 40% voter turnout So the question is what's that going to do for housing in the province of Ontario? Are we going to see any changes, any changes to the Landlord Tenant Act? Is there any changes maybe into the building process? You know, as I can tell, that's going to filter down to the municipality level of getting building permits and all that great stuff as well.     Interest Rates And, you know, it's interesting, you know, so home sales dropped in April. Here's another great article by CREA. That's the Canadian Real Estate Association. And they as rates go up, I think the big thing right now, people need to realize this. You know, if you're under maybe 30, you don't know anything else but these cheaper rates. But let's just look at, you know, the history of over the decades of interest rates.   In the seventies the average rate was 8.86. The eighties 12.7 was the average rate nineties, 8.2%, 8.12%. From 2000 to 2010, the average rate in North America was 6.2% and then for the tens, the average rate was 4.1%. So, in perspective rates aren't too bad right now. You know, I mean, if someone's waiting to get in the market because you think the prices might drop a little bit, just know we can't predict where pricing is going to go. But we can predict a bit more is that most likely rates are going to go up. And if you're waiting to get in the market right now for pricing to go down, if pricing does go down, I can almost guarantee you that rates are going to be higher.   And the money that you're saving on the house price being lower ain't going to save any money. Actually, it cost you more because rates are going to cost more. Your monthly payments could be more than you saved on the house and your cost of borrowing over the time that loan. It's going to skyrocket compared to if you just want to go into the housing market as well.   Fire Safety So a couple of things right now, too, is this is fire. You know, I put this article here. It's it's very sad it happened. But, you know, fire safety right now, you know, especially that we could be barbecuing more having those more bonfires you know, make sure your house has working smoke detectors. Check those batteries. Do you have a fire extinguisher where you're cooking food? And make sure you're using proper safety around the stove, especially the kids?   You know, simple thing of just turn the handles in. And that's why I put this article here was, you know, it's a sad story, but it's a good reminder of what could happen to your house as well if you're not practicing proper fire safety.     References: https://www.moneysense.ca/s/InvestingWithReits https://blackburnnews.com/sarnia/listings-wanted-temperatures-rise https://blackburnnews.com/sarnia-lambton-ontario-election https://creastats.crea.ca/en-CA/ https://www.theobserver.ca/house-fire-under-investigation ### [4 Reasons to Sell Before the Next School Season](https://www.sarniaproperty.com/blog_read/4-reasons-to-sell-before-the-next-school-season)   You may be wondering if it's better to sell your property before or after the start of the school year. It's a fair question, and today we're going to try and give you an answer.   If you want to sell your home before the start of school, that can be a really smart idea. Home buyers with children want to minimize the disruption their child's schooling and social activities will experience. Parents also want their kids to be in the best school zone possible. And before schools starts is typically one of the strongest and most active times for the housing market.   There are plenty of home buyers searching for new homes at this time. There is a higher chance of a buying frenzy occurring in your area, especially for those who live in desirable school zones. And depending on the specifics of your property, you have a high chance of receiving multiple bids, potentially with some going above the asking price.   Here are a few factors showing why this time of year is ideal for selling your house.     1. The conditions are just right. Spring and summer causes everyone to spend more time outdoors. This is the time when curious home buyers are out and about, driving around neighbourhoods they’re interested in, looking for “For Sale” signs.   And luckily the weather is more cooperative too. While you can show your home in any weather condition, it’s obviously more pleasant to do so when the sun is shining and the temperature is comfortable.   There are also more daylight hours means more time to view homes. Since there are more daylight hours during spring and summer, buyers have more time after work to go on the hunt for a new home. And with all the warm weather, green grass, and bloomed flower beds, curb appeal is at its peak.   2. Time to get familiar with the area & neighbours.   If you’re moving to a new neighbourhood or even just a new school district, it can be really helpful to have some time to explore the area and meet the neighbours before school starts.   There will probably be families with children on the street too, which can make a school transition easier, going to a new place with new friends. When September rolls around, your kids will already know their way around and feel like they belong.   It can also be nice for you as parents to have a little down time after the move to unpack, get settled, and explore your new surroundings before having to juggle school and extracurricular activities.   3. Ample preparation time for school. Buying before the school season starts can be great in order to make sure nothing is missed when your kids start up school again. You can make sure any electronics your kids need for school are in working order, refresh any school supplies, and make sure they are totally prepared for the new school environment. Parents of anxious kids can also walk with their child around the school property, and might even be able to have a tour inside to allow them some mental preparation.   4. Time to get settled. Buying a home before school starts gives everyone enough time to get settled in. The children will have time to move the things they own into their room and get organized.   That way, mom and dad won't have to do everything by themselves. When you are selling your home, it is important to think about your strategy carefully. One of the most important things to consider is timing.   Selling before school starts could be an excellent selling strategy for you. If you're interested in selling, give our team a call today at (226) 778-0747. ### [Social Media: The Most Powerful Tool for Listing Your Home](https://www.sarniaproperty.com/blog_read/social-media-the-most-powerful-tool-for-listing-your-home)   Social Media: The Most Powerful Tool for Listing Your Home   Marketing is the process companies use to get people interested in something they both want and need. When you list your home, your goal is to have some interested buyers after the home has been marketed. But when weighing all the different ways you can market your home there is a clear winner. I'm talking about social media.   Today, we're looking at Social Media: The Most Powerful Tool for Listing Your Home.     So, why do we believe social media marketing is the creme de la creme of real estate marketing?   1. Reach Social media gives you amazing marketing reach. Somewhere between 80%-95% of adults in Canada use at least one social media platform.   So, when we create a picture or video ad of your property, we have the ability to reach nearly everyone in the city with your ad, sometimes several times over.   When you list your home on social media, you are opening up your property to a much wider audience than you would if you were to list it solely in the newspaper or on a traditional real estate website alone.   2. It's Cost-Effective Second, Social media marketing is extremely cost-effective. Compared to other forms of marketing, social media marketing is incredibly cost-effective. In fact, it’s one of the most affordable ways to market anything – including your home. With some detailed knowledge of how to create ads, you can reach a large number of people without breaking the bank. This is why so many businesses are now using social media to market their products and services.   3. Creativity Because social media marketing is so cost-effective, it allows you to really get creative with your marketing campaign. There is endless creative potential on social media, so you can really let your imagination run wild in ways you simply couldn't in something like a print ad.   4. Instantaneous Availability Social media marketing is instant. When you list your home on social media, you can instantly reach thousands – even millions – of people, depending on the size of the city you live in and your ad budget.   The second you post, it's visible to your followers, or on sites like Instagram Reels, YouTube Shorts or TikTok, it's visible to countless others.   5. Engagement as Feedback You benefit from engagement. Like buttons, comments and shares provides feedback about your home, allowing your real estate team to improve their marketing efforts. And when someone likes or shares your post about your home, their friends and followers will see it too. This feedback gives you an even wider reach and helps you market your home to an even larger audience.   6. Availability Across Devices Finally, you'll be maximizing the availability of your listing. Whether on a smart phone, desktop  or tablet, your listing will be just a few clicks away for anyone who wants to see it.   In short, social media marketing is an extremely effective way to market your home. It's fast, easy and best of all, it works. Our team is proof of that.   If you're looking to list your home, make sure to use social media to your advantage by calling Blue Coast Realty today: (226) 778-0747. ### [Ryan Out Loud This Week in Housing - June 16th, 2022](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-june-16th-2022)         Bright's Grove Boundary Sarnia’s official expansion plan could increase the Bright’s Grove housing supply, if it holds up. In the lakefront Sarnia community with 500 farmland hectares and roughly 5,000 people, the council voted 6-3 to add in a parcel south of Lakeshore Road and between Waterworks and Brigden side roads to the urban boundary development plan.   Pending more community consultation, the council decided after voting 8-1 to approve the official plan in principle. In the meantime another public meeting will take place for further discussion.   Ultimate approval still lies with Lambton County and the province, and could hinge on whether the addition is deemed acceptable given provincial policy on where municipalities prioritize development. The area affected would be research park lands southeast of Wellington Street and Modeland Road.  Regardless, it’s going to take years to build. This is a gradual process.      The Naked House A London-based organization came up with the idea of a Naked Home. The Naked House doesn’t include any of the expensive finishes and extras that almost always come with newly constructed homes.   This means no flooring, no drywall, no partition walls, and only the most basic plumbing systems. The organization is dedicated to building affordable homes with a unique bare-bone design.     Why a Naked House can be attractive This may seem a bit bleak for anyone conditioned to expect fully finished homes, but “naked homes” allow owners to customize their homes to their exact needs and tastes. The simple structure allows for adaptation over time.   Current naked house designs in Enfield, U.K. can be reconfigured as occupant needs change. For instance, the double-height ceilings and built-in ledge partway up the walls allow for a second floor to be added with relative ease.    Not everyone will be willing to move into such an “empty” home, but it does create options for those who are open to designing and adjusting their living space as they live in it.    Even the rise in popularity of tiny houses is indicative of some people’s willingness – and excitement – to live in non-traditional and modest homes if it comes with a sense of ownership and customizability.     Homeowners and buyers should seek advice as they adjust their strategies and look for more ways to save Some may say the changing landscape around interest rates is having a cooling effect on Canada’s real estate market. This change may give Canadians an opportunity to slow down and explore their options.   Interest rates are top-of-mind for both current homeowners and first-time buyers. Rising interest rates can have an impact on the cost of borrowing which in turn impacts the overall purchasing process  power. Those looking for financing for their new place have a tough decision on choosing the right mortgage type, variable or fixed-rate, and what length of term is best.    First-time homebuyers adjust strategies to get into the market There’s a ton of opportunity to think about exploring the different options out there for homeownership.   Some emerging trends that are seen consist of purchasing a home with a family member or friend, as well as purchasing a property with the potential for rental space to help cover mortgage costs. Canadians have also considered buying outside of major cities in more affordable communities.    Solid advice and prudent planning make all the difference As Canadians adjust their home buying strategies, professional advice is important to seek out to ensure you understand your options.   An advisor can help sort through financing options, set up a savings plan for a down payment, and work through a mortgage pre-approval. They can also go over the programs that are available to aid in home ownership.    For first-time homebuyers, it really is important to plan ahead. For current homeowners, it’s important to understand the terms and conditions of their existing mortgage so they can explore financing options for changing or renewing.   Waterfront Plan First up for Sarnia’s $55-million, 15-year waterfront master plan is improving Ferry Dock Hill and the surrounding riverfront lands.   Sarnia city council approved a $300,000 design contract this month with Brook McIlroy Inc. to craft specifics for what the master plan is in terms the Ferry Dock Landing.   https://www.stratfordbeaconherald.com/news/local-news/brights-grove-boundary-extension-added-sarnia-official-plan-approved-in-principle https://renx.ca/the-naked-house-the-future-of-housing-affordability/ https://www.theglobeandmail.com/business/adv/article-rising-interest-rates-mean-canadians-need-the-right-mortgage-advice/ https://theobserver.ca/news/local-news/design-work-approved-for-ferry-dock-landing-project ### [5 Simple Steps to Creating an Effective Home Office](https://www.sarniaproperty.com/blog_read/5-simple-steps-to-creating-an-effective-home-office)   If you're one of the millions of people who are now working from home, you might be feeling a little bit lost when it comes to creating the perfect home office. But don't worry, we're here to help!   Today, the Blue Coast Team is here to give you 5 Simple Steps to Creating an Organized Home Office.     Find the Best Spot First things first, you need to pick the best spot in your home. This is probably the most important step in creating your perfect home office. You want to choose a spot that is not taking up space in shared areas.   Keep it simple if you need to. For example, you could get fantastic results by simply placing a table in front of a window in your bedroom.   If you have extra room in your home and maybe have loud children running around, you'll have to make a choice between more quiet and isolated areas or loud and busy surroundings. Before you choose where to turn your office area, test both locations.   Pick a Spot with A View If you can, choose a spot with a view, even if it's just looking at your front yard. The natural sunlight will be good for you and your space.   But if the secluded place you've picked for yourself doesn't have a window, brighten up the walls with a new colour, add a piece of artwork, or bring in some plants to make your office space more cheerful.   Find a Comfy Chair You're going to be sitting in your office chair for long hours, so make sure it's comfortable! Make room in your budget for a new ergonomic chair, your neck, spine, and hips will thank you.   Some chairs give you an incredible amount of control of the lumbar support, armrests, and headrest, so you can find the perfect position for your needs.   Choose the Right Lighting The right kind of lighting is important in any space, but it's key in your home office. You don't want glare on your computer screen or to be squinting to see what you're working on.   If possible, set up your desk near a window so you can take advantage of natural light during the day. At night or on cloudy days, use an adjustable lamp with a soft white bulb to brighten  up your space.   Add Your Personal Touch Your home office should be a reflection of you and your personality. Whether that means adding family photos to your desk or hanging artwork on the walls, make sure the space feels like it belongs to you. Hang your diploma or photos of your favourite vacations on the walls.   To make the space feel alive and refreshing, try adding some plants. Snake plants, spider plants, aloe, cacti, or English Ivy are some popular options. This will help you feel more comfortable and motivated when working from home.   Creating the perfect home office doesn't have to be difficult or expensive. With a little bit of planning and creativity, you can put together a space that is both functional and stylish.   By following these simple tips, you'll be well on your way to having the perfect home office. ### [Why You should Do a Credit Check Up](https://www.sarniaproperty.com/blog_read/why-you-should-do-a-credit-check-up) You should check your credit report and score every year to make sure that you are in good credit health. This will help you when you want to buy something. You can check your own credit report without it affecting your credit score. So, what should you look for? Let's explore.       Mistakes When people write things down or record your information, mistakes can be made. Carelessness or incorrect methods of calculation can mean your numbers are wrong.   Incorrect info can really hurt your credit score. So, look over your credit report carefully, and if you spot any mistakes on your report, update them immediately. Double-check all of your personal information, including your birthday and any other identifying data.   Errors Errors often occur due to a lack of information, wrong judgment, and miscalculation. Incorrect information leads to the wrong actions being taken to calculate your credit.   Credit agencies make mistakes sometimes, so once again, it is important to carefully look over your credit report to make sure that all the information is correct.   If you find any errors, the credit agency is required to make changes to them. You should also send a letter to the credit bureaus letting them know there was an error.    Make sure to include a copy of the letter you sent to the credit agency who incorrectly reported your information. This will help motivate them to take care of the problem quickly.   Outdated Info Once again, if you discover information that is outdated, let the credit agencies know immediately. Just know that sometimes even though you may have fixed certain things, or they may be in better condition now, some info will stay on your statement for a while.   After a certain amount of time, credit agencies are required to remove certain information from your credit. If you make your payments on time for a while after being late, your credit score will go back up, though the late payment history will stay for 6-7 years.   Fraud Identity theft is a serious problem. It can ruin your credit score and report. It can be done by someone you know or a stranger. Be smart and protect your credit from all possible threats, including the ones you know about and the ones you don't.   Why is it important to fix mistakes? Making small mistakes, like spelling your name wrong or putting the wrong address on your house, can lower your credit score.   Keep your credit score high by monitoring it every year. Choose a date that is easy to remember, like your birthday or the day you file your taxes.   If you’re going to be in the market for a new home, you should be well aware of your credit score and do everything you can to boost your credit score, and make sure all your info is 100% accurate. ### [June 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/june-2022-housing-market-update-for-sarnia-lambton)       589 Active Listings   June 2021: 190 sales, and $96 million in volume.   June 2022: 154 sales, and $80.4 million in volume.   36 fewer sales, just under $16 million dollars less in volume. Number of Sales by Price Range:   Out of those 154 sales in June we had...     9 sales: $0-$200,000 range   31 sales: $200,000-$400,000 range   65 sales: $400,000-$600,000 range   49 sales: $600,000+       Average sale price:   June 2021: $506,000   June 2022: $522,000     Average Number of Days to Sell   June 2021: 14   June 2022: 14   Months of Inventory   June 2021: 2 months of inventory   June 2022: 4 months of inventory        Individual Areas of Sarnia  (Note: Active listing count as July 1st)     Sarnia North End: Sales: 29 Average Sale Price: $647,489 Active Listings: 67   Sarnia South End: Sales: 46 Average Sale Price: $460,000 Active Listings: 84   Bright’s Grove: Sales: 10 Average Sale Price: $664,000 Active Listings: 13   Forest: Sales: 6 Average Sale Price: $571,000 Active Listings: 8   Plympton-Wyoming: Sales: 9 Average Sale Price: $830,000 Active Listings: 33   Petrolia: Sales: 13 Average Sale Price: $505,000 Active Listings: 4   Corunna: Sales: 11 Average Sale Price: $536,000 Active Listings: 9   St. Clair Township (excluding Corunna): Sales: 15 Average Sale Price: $534,000 Active Listings: 22 ### [Build Your Real Estate Portfolio with BRRRR](https://www.sarniaproperty.com/blog_read/build-your-real-estate-portfolio-with-brrrr)   So, you're hungry to become a real estate investor. You know that whatever route you go, owning property is a recipe for success. But in truth, becoming a real estate investor is probably just an idea you've been thinking about for way too long. Time is passing and it’s time to take action. But where do you start?   If you're dreaming of becoming a real estate investor, we're here to lay out a simple method for you to start making your investment dreams a reality.   Today, you're going to listen in, chill out and learn how to BRRRR.       BRRR is an abbreviation that stands for Buy, Renovate, Rent, Refinance and Repeat.   BUY First, we need to buy a property. To have the biggest impact, you'll want a property that needs some love. Some investors use this approach to get their hands on houses that need a lot of work. They know that by doing this, they can get a better deal.   But you should also consider properties that are not being used to their full potential. For example, raised bungalows can be turned into duplexes very easily. Some people look at a home that isn’t living up to its potential and just feel put off. Who would want to live THERE?!   But smart investors use imagination, calculation, and action to find the diamond in the rough. They will aim to get a good price on a home that needs some work, and purchase it.   RENOVATE Next you need to renovate. Renovating your house is all about making it the best it can be. You might have to get rid of some things that you don't like, especially outdated and unsightly aspects of the home. Doing this alone can greatly improve the home visually.   If you want to add another unit to your home, make sure that you do it legally. Make sure to follow all local construction codes and zoning restrictions. This will ensure that your home is safe while having a positive impact on your resale value over time.   If you are doing a renovation, be careful not to spend too much money. You want any improvements you make to be more valuable than their actual cost. Make sure you look at the current market and what people are looking for. This will help you avoid spending too much on trendy features that no one will want later on.   RENT When you renos are complete, you’ll need to find tenants for it. To do this, you will need to look at what similar units in your area are renting for. This can be done on Facebook Marketplace or local Kijiji, or hire a realtor to find and screen qualified tenants.   You should be patient when looking for a tenant. Don't just choose someone because you need someone to fill the space. If you wait for the perfect tenant, you will be better off financially and emotionally. They are out there, but they will find you if your property looks good and appealing.   REFINANCE Now that you have finished making the changes to your home and it is now a multi-family house or has updated features, it's time to refinance it for its present value. If you do it carefully, the refinanced value of your home should be more than the total of what you paid for it and what you spent on renovations.   This will allow you to take out some money (not all of it and not immediately, but eventually) to buy your next property and start the BRRR process all over again. Typically in Ontario, lenders will only let you refi after owning the home for one-year at minimum.   The BRRR Method is a great way to build your real estate portfolio and ultimately your wealth. Buy, Renovate, Rent, and Refi-ing properties could help you build the future of your dreams.   You need to start somewhere though, so if you're looking to get this process started, give our team a call today. ### [How to Finish Your Basement](https://www.sarniaproperty.com/blog_read/how-to-finish-your-basement)   Most people would prefer to have a finished basement when moving into a new home. But in our line of work we regular see basements that have unnecessarily sat unfinished for decades. There are easy ways to finish a basement or at very least to make it more attractive and usable.    Today, we would like to encourage those with unfinished basements to consider tackling the job and making the space more inviting. Let's look at How to Finish Your Basement.     If you're looking to really finish your basement and make it into a livable space, there are some essentials to making it as cozy as possible.   Insulation & Drywall One of the biggest changes you'll make is installing insulation and drywall. This will help to close up the unfinished look of a basement while keeping warmth in the space. Basements are notorious for being cold in the winter and hot in the summer. Adding insulation can help to combat this issue.   Flooring Next, one of the first things you notice about unfinished basements is that the floor is cold and the concrete isn't very barefoot friendly. So, we want to put down flooring, but we might want to put down some underlayment first. Get one that's insulated with a vapour-barrier.   For flooring, you can lay down hardwood, laminate, vinyl, porcelain tiles, ceramic tiles, natural stone tiles or carpet. Laminate flooring is one of the easier and more affordable ones to install. And since its smooth, it's easy to clean.   Just be careful putting laminate flooring in rooms where there are laundry rooms and sump pumps. Water can damage them if they are exposed excessively. If you like something soft under your feet, in your TV or family room, just throw down a big comfy rug.   Drop Ceiling If your basement's ceiling is exposed, consider adding a dropped or suspended ceiling to reduce sound and keep in heat.You'll need some tools and materials to get this job done such as t-channels, cross T's, drop ceiling tiles, wire and wire hanging eyelets, a drill eyelet adapter, tin snips, utility knife blades, and more.   Lighting One of the most important aspects of finishing your basement is adding lighting. Not only do you need it for function, but you also need it to make the space more inviting. There are lots of options for lighting your basement, including recessed lights, track lights, pendant lights and even wall sconces.   Colour While it is not necessary to renovate your basement in order for you and guests of all ages enjoy a fun time there, adding some colour can be the perfect way. You don't have spend big bucks on renovations when simple changes like painting will do wonders!   Furniture If you have an unfinished basement, it's likely that you don't have any furniture in the space. This can make the space feel unfinished and cold. Add some furniture to make the space more inviting.   You don't need to buy expensive pieces. There are lots of affordable options that will make your basement feel like a finished space, including sofas, chairs, coffee tables, side tables and even rugs.   Accessories   Don't forget the details! Accessories can really make a space feel finished and polished. Consider adding pieces like art work, mirrors, plants or lamps to your basement. These small touches will help to transform the space and make it feel like home.   Partitioning You could also partition your basement. If you want to make your basement a multi-use room, then why not use the space wisely? One simple solution is installing an inexpensive curtain system. You can do this either with wire or cute hooks on curtains and they won't cost too much money!   Workout Space One of the smartest things to do in your basement is make space for a workout area or room. Simply add foam mats. Whether you want to use it as an extra home gym, or you have kids and need somewhere safe they can play without making too much noise. Adding some foam mats will solve both problems with ease. And these mats can come in any colour you want to complement or match the space.   ### [5 Financial Skills Your Children Need to Learn](https://www.sarniaproperty.com/blog_read/5-financial-skills-your-children-need-to-learn)   Parents have  a lot of influence in their children's lives. They can help their children in many ways, including providing support and guidance, setting limits, and teaching them new skills.   Parental involvement can make a big difference in a child's life. Studies have shown that children whose parents are involved in their education tend to do better in school than those without as much support.   Being there to guide your child impacts the course of their whole lives. If you are a parent, you have an amazing opportunity to help your kids grow into the best version of themselves.   The problem is, too many children enter adulthood abruptly lacking essential skills they need to thrive as adults: saving, investing, budgeting, choosing the right education & career path, and of course, using real estate to build wealth.   Here are 6 Financial Skills Your Children Need to Learn.      Saving One of the first lessons to teach your children is the importance of saving. Saving is critical for anyone who wants to be financially successful. The earlier your children learn to save, the better off they'll be.   One way to encourage saving is to start first with a piggy bank early on, then open a savings account for them and help them deposit money into it. You can teach them to save by setting aside a portion of their allowance or earnings from odd jobs. Encourage your children to make saving a priority by using positive phrases, and regularly state how good it is to save.   And you should also let your kids know that once they are 18 years old, they can contribute to a Tax Free Savings Account, or TFSA. These accounts mean they only pay taxes when they actually earn the income, and they aren't charged when the money is taken out, even when you make money with them.   Investing Next, saving goes hand in hand with investing. When your kids are younger, we can teach them about compound interest really simply.   The lesson can be simple for kids under 10. Put a $10 bill in their piggy bank. Tell them if they don't touch this money, it will grow by 10% a month. This with help reinforce  the power of compound interest and how leaving money untouched can make it grow.   When kids get older, show them a compound interest calculator which can be found easily online, so they can see the incredible power of investing and compound interest.   Here's a compound interest calculator: https://www.getsmarteraboutmoney.ca/calculators/compound-interest-calculator/ Budgeting So, you've taught your kids how to save their money, and how they can grow it. But life will always have expenses. So, they'll need to learn how to budget the money they earn.   Kids around 8 years old are typically ready to get the basics of budgeting. You can start at this age first by teaching them the difference between wants and needs.   Then you can have them draw a little pie graph, with the pie representing all the savings they've earned from chores. Different pieces of the pie will represent where the money will go; Either saved or spent.   As they get older into their teens, you can expand upon this simple chart and have them break things down in much more detail. They could even start covering some of their own expenses. Education & Career Next, let's talk about education from several perspectives. First, let's talk about support. As mentioned before, kids who receive more help from their parents in elementary school tend to have higher marks, which have positive ripples throughout their lives.   Reinforcing good study habits earn leads to better results in high school, which really is a major stepping stone to your children's life path. Now, let's talk about post-secondary education. Let's be blunt: There is a near-endless supply of awful college and university programs and degrees out there.   Millions of people each year choose bad programs, and put themselves into insane debt for essentially worthless degrees. In Canada, students currently have around $18 billions dollars in student debt. In the US, that number is an astounding $1.73 trillion dollars of student debt. Individually, this can take decades to pay off.   Debt is a trap that is extremely tough to get out of, especially when your career path isn't lucrative and job opportunities are scarce. Discussing education and career path are some of the most important financial chats you can have with your children, since they impact both student debt, and future earnings.   Real Estate: Homeownership & Investing Finally, let's look at Real Estate. You may be wondering how understanding real estate is a financial skill to teach your children. Good question!   For most people, their home is where the majority of their wealth is held. It is also an appreciating asset, which means it will go up in value over time. If you own a home, teaching your children about mortgages, home equity, and real estate investing can be extremely beneficial to them financially.   If you don't own a home, that's ok! You can still teach your children about how homeownership works and the benefits of owning a home. You could even discuss strategies for investing when they're older, like using the BRRRR method.   No matter your situation, teaching your children about real estate is a great way to help them develop strong financial skills. Using previous skills like saving, investing and budgeting, will allow them to save up for the down payment faster.     Saving, investing, budgeting, choosing the right education and career path, and using real estate are some important financial topics and skills your children will need in life. Financial literacy will give them a huge boost as they grow up, leading to finacially responsible, and knowledgable children. ### [How to Know It's Time to Make an Offer](https://www.sarniaproperty.com/blog_read/how-to-know-its-time-to-make-an-offer)   Home hunting means viewing lots of properties. With all the homes, and showings, and possibilities racing through your mind, it can be a challenge for buyers to figure out which homes to pursue.   We want to give you some signs to make the decision for whether a home is worthy for you to pull the trigger and make an offer.   Let's look at How to Know It's Time to Make an Offer.           Let's go over some of the signs, almost all of which are    1. Gut Feelings First, you'll want to pay attention to your gut feeling of the home. A lot of our decision making is subconscious, and your body gives you signals far before your mind starts thinking logically.   Listen to that automatic push or pull towards the property. Lots of people will walk up to a home that on papers ticks all the right boxes, but when seeing it know it's not the one within seconds of pulling up.   That's not to say we need to ignore the logical, rational side of a property being an ideal fit, but your gut feeling has to be a part of the equation. A lot of people know a property is the one to make an offer on when they immediately feel like they have to own it. They'll feel competitive and have a strong gut feeling that the house is meant for them.   They may also feel the need to start talking about numbers, logistics or immediately start thinking about what they need to do to make the deal happen.   2. Ignoring Flaws This next sign is one you need to be cautious of, where you ignore flaws on the property. When you're enamoured with a home you might tend to just overlook its flaws or just call the issues quirks.   The thing is, you don't want to get out of the honeymoon phase after you buy a home and realize how annoying or expensive that flaw actually is. One thing our team members are going to do to protect you, is make sure you are fully aware of any flaws in the home or property.   And let's be clear on something important. We are going to give our clients the best advice possible every time, even if that means that we miss out on that specific sale.   But if you're insistent about the home despite your Realtor's guidance, and have a strong vision of how to tackle an issue, or truly believe it's worth overlooking, that does show how strongly you're drawn to the property.   3. You can picture life there. One of the top signs a home is one you should make on offer is automatically visualizing your future there. While walking through the home, you might be able to immediately picture where you would place your things, photos on the walls, or personal touches.   Or maybe you can imagine cooking meals in the kitchen, hosting holiday dinners, or having movie nights with the family. Those are all strong signs it could be the right one for your family. 4. Other homes just aren't as appealing. Next, you may find that in the process of looking at other homes, they just don't seem as appealing. Maybe you walk into another home and it just doesn't feel right or you can't seem to get excited about it.   In comparison, when you think about the home you're interested in, you just can't wait to get back inside. This is definitely a sign that you should make an offer!   5. The work feels worth it. Finally, in the case of a home that needs some work, you might feel the work is totally worth the effort.   In this case there might be outdated flooring, or a kitchen or bathroom that hasn't been updated in years. Yet still, you can instantly imagine these changes being made, and feel the work would totally be worth it.   Sometimes you just know a home is the one. It doesn't guarantee its going to become yours, but these could all be great signs that you should make an offer. Then the home really can end up being the one for you.   ### [July 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/july-2022-hmu)       Stats for July 2022:  624 active listings currently   July 2021: 177 sales, and $86 million in volume. July 2022: 123 sales, and $64 million in volume. Number of Sales by Price Range  Out of the 154 sales we had:   7 sales: 0-200K 36 sales: 200-400K 45 sales: 400-600K 34 sales: 600K+ Average sale price:  July 2021: $484,000 July 2022: $517,000     7% avg. price increase   Average Number of Days to Sell  July 2021: 17 July 2022: 23 Months of Inventory July 2021: 2 months of inventory June 2022: 4 month of inventory July 2022: 4 months of inventory     Individual Areas of Sarnia  (Active listing count is a current snapshot)   Sarnia North End: 27 sold - 5 conditionally sold Average Sale Price: $687,000 Active Listings: 66   Sarnia South End: 44 sold - 12 conditionally sold Average Sale Price: $421,000 Active Listings: 71   Bright’s Grove: 6 sold - 3 conditionally sold Average Sale Price: $880,000 Active Listings: 15   Forest: 3 sold Average Sale Price: $300,000 Active Listings: 10   Plympton-Wyoming: 10 sold - 2 conditionally sold Average Sale Price: $840,000 Active Listings: 28   Petrolia: 5 sold - 1 conditionally sold Average Sale Price: $400,000 Active Listings: 5   Corunna: 5 sold - 2 conditionally sold Average Sale Price: $560,000 Active Listings: 14   St. Clair Township (excluding Corunna): 12 sold - 3 conditionally sold Average Sale Price: $552,000 Active Listings: 27 ### [What to Expect When Making an Offer](https://www.sarniaproperty.com/blog_read/making-an-offer)   When you're home hunting, you're on the lookout for that property that ticks all the right boxes. And when you see a home that you love, tell your Realtor right away that you might be interested in making an offer.   But what can buyers expect when making an offer? Today, we're looking at What to Expect When Making an Offer.     Making an offer on a home can feel scary, even for experienced buyers. There is a lot of paperwork and jargon that might be confusing. Our team will help you understand everything and guide you through every step.   Let's look at what to expect when making an offer, and what our team will be doing to make your offer the strongest it can be.   FMV So, we will need to know how much the home is worth, by figuring out the home's fair market value.   This will help us decide how much we should offer for the house. We don't want to bid too high for the property, but we do want it to be competitive against other offers. We will protect your interests by helping you choose what clauses and conditions to include in the offer, like home inspection or financing.    Paperwork There will be a lot of paperwork on our end when working with you. The most important document is the Agreement of Purchase and Sale, which is the formal offer to the Seller. It has virtually all the details laid out in it about the offer to purchase.   Offer Presentation We will make an offer presentation on your behalf. The real estate agents for the buyer and seller meet. The buyer's agent presents the offer, showing the numbers, clauses, and conditions.   Your agent should be able to meet with the buyer and sellers in person. You can stay in contact when with your realtor using email or video chat. If things move quickly, you should be available by phone, text, or email.   Irrevocable Period After we submit our offer, the Sellers have a set amount of time to decide whether or not to accept it. This time period is called the irrevocable period.   During this time, the sellers will be considering whether or not your offer is good enough. If they don't accept it within this time, then your commitment to buying the property ends.   Offer Response Next, negotiation could be needed depending how the sellers respond to your offer. There are three things that can happen after you make an offer on a house.   1. The first is that the seller accepts your offer, including the terms, conditions and price.   2. The second is that the seller counters your offer, which means they want to negotiate some more. This is where strong negotiation skills come in.   3. The third thing is that the seller rejects your offer immediately. This often happens when your offer is too low or when there is a high volume of offers.   Deposit If your offer is accepted, you will have to give the listing brokerage a deposit within 24 hours. So, get ready to act fast, and have that money ready.   Conditions If there are conditions from either side, they need to be completed on time. If there are no conditions, the offer is now solid. Your lawyer will help you close the purchase and protect you while doing so. ### [5 Signs It's Time to Stop Renting and Buy a Home](https://www.sarniaproperty.com/blog_read/stop-renting-buy-home)   Are you renting and wondering if it’s time to get out of the world of renting and into the world of homeownership?   Here are 5 Signs It’s Time to Stop Renting and Buy a Home.       1. You’re tired of your living situation. If you’re constantly unhappy with your rental situation, it may be time to start looking for a place to call your own. Whether you’re tired of your landlord’s rules or you’re simply ready for a change, owning your own home can offer more stability and long-term freedom than renting.   And the fact is, rent keeps rising. As a rule of thumb, a tenant should spend no more than 25-30% of their income on rent. But that isn’t happening anymore. If you are done with paying someone else's mortgage, then you know it’s time to either make a plan or take action.     2. You can afford the costs of a home. Buying a home requires a certain level of financial stability. Steady employment is important, as well as having adequate savings for a down payment, lawyer's fees, commission, as well as monlthy mortgage payments and interest, insurance, property taxes, and home maintenance going forward.   Let's look at the down payment. First-time home buyers can pay as little as 5% on a down payment. That's around $15,000 for a $300,000 home.   With hard work and dedication to savings, saving up for a down payment around this price is something you can achieve, even if it takes planning and some time.   One worry we hear is that interest rates have risen. But, looking at the numbers, buying a home still makes more sense than renting. Let's do a calculation and put in a higher interest rate just to make a point.   5.34% on a $300,000 home, over 25 years, you'll be paying around $1,780 a month for mortgage payments.   Homes for rent in Sarnia-Lambton are going from anywhere between $2,000 and $4,000+ per month.   The average 2 bedroom apartment in Sarnia-Lambton is well over $1,500 a month, while 3 bedroom apartments are $1,875 a month on average. So, you'll be potentially be spending more money by renting and the payments won't be adding to your net worth.   You'll need to calculate all your monthly income, costs, debts, and savings to see what price range is affordable for you as a home buyer. Luckily, this is what financial lenders will do for you in the form of a pre-approval. 3. You want to build equity. When you're a homeowner, your mortgage payments are going towards something that is yours - equity in your home. Equity is the market value of your home minus the amount you still owe on your mortgage.   As time goes on and you make mortgage payments, your equity will grow. When you rent, someone else's equity grows. You can even use this equity as collateral for things like home renovations, investment opportunities, or even to help with a down payment on a second property.       4. You want stability & predictability. Renting gives you flexibility in terms of moving, but it also comes with the risk of your rent increasing or having to move with little notice. Owning a home gives you stability and predictability in your monthly costs. Unlike rent which can legally increase by 1% or 2% each year, your mortgage payment is much more stable for the life of your loan.       5. Your credit score has improved. If you've been diligently working on improving your credit score, it could be time to reap the rewards. A higher credit score can mean a lower interest rate on your mortgage, which can save you thousands of dollars over the life of your loan. If you're tired of renting and are ready for a place to call your own, now may be the time to buy.   Give Blue Coast Realty a call today. Whether your homeownership goals are in a timeframe of a few months or a few years, our team is ready to help you find a home that fits your budget and needs.   We can help you navigate the home-buying process from start to finish. Give us a call today at 226-778-0747 ### [Ryan Out Loud - This Week in Housing (August 12th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-aug-12th-2022)         Candidate Info Session A free information session for individuals interested in running for city office will take place on Wednesday evening. The meeting will run from 5:30 p.m. until 7:30 p.m., and it will be held at the Sarnia Public Library on Christina Street.   Wawanosh Wetlands Closing for Upgrades The Wawanosh Wetlands Conservation Area is getting some big upgrades! The property will be closed to the public for one or two weeks, starting on Monday August 9.   Construction crews will be upgrading and resurfacing the north loop trail with stone dust. There will be heavy equipment on-site and in use during construction.   Lambton Innovation Challenge The Sarnia-Lambton Business Development Corporation is providing a three-year interest-free loan of up to $150,000 to help promote economic development in Lambton County.   References: blackburnnews.com/municipal-election theobserver.ca/curbside-pickup-flood-damaged-items blackburnnews.com/wawanosh-temporarily-closing-upgrades ftc.gov/online-home-buying-firm-opendoor-labs-cheating-sellers ### [How To Get Your Free Credit Report](https://www.sarniaproperty.com/blog_read/how-to-get-your-free-credit-report)   It's important to keep track of your credit score and report so that you can be proactive about maintaining a good credit rating. But how do you know what your credit score is, and how can you access it? Today, we're looking at How To Get Your Free Credit Report.     So, why would anyone need to see their credit report, anyway?   Well, credit ratings are used to forecast whether consumers will pay their bills on time. The lower your credit risk, the better you are in the eyes of financial lenders.   You used to pay a credit reporting agency $30 if you wanted your credit score. But you can now access this info for free. Equifax and TransUnion now provide free access to their customers' credit reports and scores. The way to access your credit report has mostly involved sending a request by phone, by mail or in person.   If you're making the request by phone, you'll need to provide your SIN number. But phone, mail and in person requests can feel a little outdated compared to the online world.   Now Equifax has made things a bit more convenient, as they offer free access to Canadian credit information online through their website: https://www.consumer.equifax.ca/personal/products/credit-score-report/   Go to the Equifax website and scroll down to find the free Equifax score and report. You'll be asked a few questions. One of the options is to enter your social insurance number if you choose to do so. If you don't want to, you don't have to input it.   You can get your credit score in less than 10 minutes. When looking at your report, you will see that your credit score is a number. That number can range between 300 and 900.   A higher credit score indicates that you are a low-risk investment for lenders. A lower score may indicate missed payments or excessive debt, which can be perceived as an issue by lenders.   Some banks have started permitting their customers to view their credit scores very recently as well. But this is the first time that the two major credit bureaus, have offered this data for free.   So, what benefits can you gain from learning your credit score?   From a real estate perspective, having a better credit score can help you get approved for a mortgage with a lower interest rate.   A better interest rate could save you thousands or tens of thousands of dollars over the duration of the mortgage. Getting credit score feedback, whether that means finding out things are in good order, or not, is essential for the next steps you take; be it buying, or planning to buy in the near future.   Essentially, you go, "Okay, I'm going to keep on doing what I'm doing, because my score is great and improving", or you get that feedback and go, "Wow, I seriously need to make some changes."   Also, if you see anything that doesn't seem right, make sure to take action to fix it. Just get a hold of the credit bureau and let them know. They will open an investigation and work with you to figure out what is happening. It's recommended that anyone who makes use of credit should check their credit score at least once a year to see if it is getting better, worse or basically staying the same.   Another great thing is that when a consumer checks their credit score, it has no influence on it. If purchasing a home is in your future, go ahead and take 10 minutes to get your credit report. This way you can do what's needed to get yourself on track for purchasing the home of your dreams. ### [Ryan Out Loud - This Week in Housing (August 19th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-august-19th-2022)   Housing Shortage Ontario is likely to fall short of its goal of creating 1.5 million homes by 2031 to address the housing crunch, according to a new study from the Smart Prosperity Institute.   Ontario wants to build 1.5 million new homes over 25 years. But this goal may not be realistic because it is based on a study that has been debunked by experts.   Ontario is already dealing with a shortage of homes. The report says that by 2031, the province will need 1 million more homes to meet the needs of the growing population. However, it is unlikely that this goal will be reached.   SWIFF If you are an Ontario filmmaker who is just starting out, you are encouraged to submit a proposal for a film that highlights an aspect of Lambton County's history, nature, culture or communities.   You have until August 29th to submit your proposal for the chance to be awarded $15,000 to make a film. This project will be open to all filmmakers who meet the requirements and criteria set by www.swiff.ca/sarnia-on-screen.   Nathan Colquhoun Aims to Be Mayor Sarnia Councillor Nathan Colquhoun plans to run for mayor of the city. The one-term city councillor filed his nomination papers to run for mayor of Sarnia on Tuesday. Colquhoun, a 37-year-old small business owner who was born and raised in Sarnia, is currently the only candidate for mayor. Colquhoun plans to dethrone Mayor Mike Bradley, who has held office for the last 32 years.   Most Affordable Markets The average price of a home in Canada has decreased for five months now, as per the Canadian Real Estate Association's (CREA) most recent data. Even though the average price of residential properties decreased in most Canadian real estate boards and associations, some regions have still maintained low prices.     References: https://www.cbc.ca/news/canada/london/ontario-build-housing-crisis https://ontariopc.ca/1-5-million-homes-over-10-years https://www.theobserver.ca/film-festival-commissioning-short-film-sarnia https://www.theobserver.ca/news/nathan-colquhoun-seeking-mayors-job https://www.ctvnews.ca/canada-most-affordable-markets   ### [How to Make Home Buying a Breeze!](https://www.sarniaproperty.com/blog_read/how-to-make-home-buying-a-breeze-with-home-buyin-with-kevin-ryan) Buying a home in Sarnia- Lambton doesn’t need to involve a whirlwind of stress and chaos. Take your time with the process! The Blue Coast Realty is back to make sure your buying process is a walk in the park with these tips:   WHO YOU HIRE MATTERS! Make sure you find yourself a good and reliable realtor in Sarnia to help you handle the biggest investment of your life. A good realtor will help keep the process organized, swift and keep you fully informed along the way! Hire someone with extensive knowledge on the local market, who can get you the home you deserve.   GET PRE-APPROVED  This step is SUPER important. It's like when you’re shopping and you find a piece of clothing that you LOVE and you try it on before looking at the price just to realize it is WAY out of your price range…  This is the same deal! Make sure you get pre-approved as soon as possible so you know what you can afford. Don’t assume! Head to your bank or visit a mortgage broker to know your budget before you start looking.    DISCUSS YOUR WANTS & NEEDS WITH YOUR REALTOR Sit down with your realtor and make a wish-list. Discuss what you’re looking for in a home to narrow down your search! Before you meet with your realtor, write down any questions you have so you don't forget to ask them during your meeting... they're there to give you professional advice and make the process and simple as possible, don't be afraid to ask away!   OFFER TIME! Make an offer! Don’t wait until it’s too late. Your realtor will be able to give you their professional opinion to help you make an offer on your dream home. If you found “the one” be sure to act fast to seal the deal as some houses are only on the market for less than a week!   GET A HOME INSPECTION Don’t wait to be surprised after the fact- seek out a professional to look over the house and make sure there are no issues!   MOVING TIME! Don’t wait until moving day to cross your T’s and dot your I’s. Be prepared! Arrange your internet, mailing address, gas, hydro, etc. ahead of time to leave the stress out of the picture!   Home buying is one of the most exciting times! ENJOY THE PROCESS! Make sure you are getting what you want for a price that reflects your needs! The Blue Coast Team thanks you for taking the time to read this blog and is always open to any questions you may have about the buying or selling process! Don’t hesitate to give me a shout: kevin@thebluecoastteam.com.   ### [Tips on Moving to a New Home with Children](https://www.sarniaproperty.com/blog_read/moving-to-a-new-home-with-children) It can be stressful buying a home, especially when children are involved. Young children can be especially overwhelmed by excitement and anticipation. By planning ahead you can help make the experience go smoothly. Here are 5 tips to make the move go smoothly.       Familiarize Your Kids with the New Home Have a walkthrough of a home with your kids. During the walkthrough, speak positively with them about the home. Ask what colour they would like their rooms to be painted and how they imagine their rooms will look like.   Packing Up and Moving Moves are the perfect opportunity to purge some of your excess possessions. Help your kids sort their books, toys, and games before they begin packing. Introduce them to the idea of donating their old items to a charity or organize a garage sale as a project for the family. Have a special box for your kids on moving day that contains some things they hold dear. Let them know their things are safe and they can unpack their box themselves. Before leaving, maybe let the kids say a few great memories they had there. Take some photos to remember the old home. On moving day it can be relieving to have a friend or babysitter take care of the kids while you move.   Keep Contact with Friends Moving often means leaving friends behind, which can be hard on children. Ask your kids if they'd like to stay in touch via phone calls, sleepovers or letters. If your kids are older they may already be able to chat with their friends online to keep in touch.   Make the First Night a Fun One Plan to make the first night at the new home memorable and fun. Order a pizza or your kids' favourite foods and maybe play some board games and watch a movie. Anything that's fun and interesting is good.   Think About Routines Children feel safe when they have regular routines. Bath time, bedtime stories, specific snacks or meals all should be continued as scheduled. Explore your new neighbourhood on foot, vehicle or Google Maps and check for parks, nature areas or playgrounds nearby. Invite your old friends and new neighbours to a housewarming party. Let the kids help you out with invitations, food and games for the kids. Make sure to check out the local businesses, restaurants and cool kid-friendly spots.  ### [What's going on this weekend in Sarnia? August 26th - 28th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-in-sarnia-august-26th-28th) Looking for something to do this weekend in Sarnia? Look no further!   We have attached links to all these events so you don't have to miss out on them!     August 26th, 2022 | Beats on a Boat - 7 years ago was our last boat party....I'm happy to announce it's back!!!!The Boat has been booked & the date has been set!So if you want to party with 200 of your closest friends, enjoy some ice cold drinks and listen to great music while floating on a boat then get your tix before they’re gone!   https://allevents.in/sarnia/beats-on-a-boat-sold-out/200022963194636     August 27th, 2022 | Mitton Village Block Party | 10am to 4pm -  From 10 a.m. to 4 p.m., members of the public are being invited to have a heaping helping of Mitton Village hospitality, taking part in a free, family-friendly festival that will feature live music, kids’ activities, art and scores of vendors selling a variety of wares.   Josh Walters, one of the many organizers and founders of the annual event, said that the original purpose of the block party – which kicked off in 2019 and attracted over 500 people – was to simply get residents out and about to meet neighbours.   https://www.sarniathisweek.com/news/local-news/mitton-village-will-be-host-to-fourth-annual-block-party      August 27th, 2022 | Car Show in Petrolia -    https://allevents.in/petrolia/car-show/200023046549219     August 27th, 2022 | Wyoming Truck & Tractor Pull -    https://www.ontbluecoast.com/events/plympton-wyoming-truck-tractor-pull/      ### [Low Stress Home Buying](https://www.sarniaproperty.com/blog_read/low-stress-home-buying)     As anyone who's gone through the process can attest, buying a home can feel like a lot. But with the help of a great realtor, it doesn't have to be an overly stressful experience. There are things both you and your listing agent can do to make the process as easy and stress-free as possible. Today, we're bringing you a few tips for Low-Stress Home Buying.     Find a Reputable Agent For low-stress buying, you'll want to find the right brokerage and broker or sales representative. This may come as a surprise, but when you hire your buying agent, you're really hiring the whole brokerage. But not all brokerages are created equal. Our team uses synergy instead of conflict or competition, and this gives amazing results to our clients... just look at our reviews!   So hiring a highly reputable brokerage is in your best interest. The agents you choose to represent you will need to be reliable, organized, quick, and able to keep you informed along the way. They'll need to know the local market well and give you the attention you need. Hiring a good agent with a strong team will mean you have much less to worry about. Lucky for you, any member of Blue Coast Realty meet and surpass all of these criteria.     Get Pre-Approved To make things easy for everyone, you should also get pre-approved. You don't want to waste your time, or the realtor's time viewing homes outside of your price range.   Make sure you get pre-approved as soon as possible so you know what you can afford. Don't make any assumptions! Go to your lender to figure out how much money you can borrow before you start looking. Start the Pre-Approval Process Today: www.cakemortgages.com    Wants, Needs, and Questions   You can let your realtor know what you want and need, and ask questions. Talk to your agent about what you are looking for in a home. This will put your mind at ease and it'll help them find the right home for you. Write down any questions you have before your meeting with the realtor. They can answer them and make the whole process easier for you. The more you know what you will make you happy, the better we can pinpoint the perfect home for your family.   Make an Offer Next, you're going to make an offer. Depending on the market, you might not want to wait too long to make an offer on a home you desire. Letting your realtor know you're seriously interested, and bouncing off thoughts with them can help put you at ease, by thinking things through, and having a strong plan of action. In some cases, just know you might have to act fast, as some houses get sold within a week.     Home Inspection Clause You want to make sure the home is actually inhabitable and know the condition aspects of the home are in. So getting a home inspection, or having a home inspection condition can help put your mind at ease.   Outside, they will document the state of the roof, siding, railings, stairs, among other things. Inside they will document things like the ceiling, walls, windows, outlets, wiring, and so much more. What home inspectors cover really is a detailed look at each element of the home, so the chances of having a big surprise is greatly reduced.   ### [Tips for the Perfect Listing Photo Shoot](https://www.sarniaproperty.com/blog_read/tips-for-the-perfect-listing-photo-shoot)   Good marketing is key so getting your home sold under the best conditions for sellers. And one of the most important things we use to market your home is high quality photos and videos.   So, what can sellers do to make the home look its best? Here are some Tips for The Perfect Listing Photo Shoot.       1. Think like a buyer. That means putting yourself into the shoes of a stranger who's seeing your home for the first time. What kind of first impressions are you hoping to get? Do you want buyers to easily imagine themselves in the home, and to feel comfortable and welcome? Of course you do. You want your home and property to be experienced in its best light.    2. Do basic yard work. Long grass, weeds, overgrown shrubs, and dirty siding aren't pretty. A few hours of outdoor work, mowing, weeding, trimming and power-washing can do wonders before a shoot. You can even go a step further and do some landscaping, like planting shrubs or flowers for extra curb appeal. And these look amazing for marketing materials.   3. Organize your home. At very least, tuck away stuff thats accumulated on top of desks, sideboards, countertops, chairs. An organized home looks more spacious and better taken care of.   For a thorough view on decluttering click here: https://bit.ly/HowToDeclutterYourHome    4. Do a deep clean. If there are smudges on the sliding door, dirty footprints in the kitchen or... "matter" left in toilets, they may show up in photos and videos. Our media guy will do his best to edit them out, but sometimes it's inevitable. If you're not in a position to clean much yourself, we can help you find a company to do so.   One more thing as a note from our photographer: make sure the tops of fans are dusted off. These are impossible to photoshop and are clearly visible if you don't clean them.    5. Go somewhere during the shoot. During the pandemic, there weren't many places to go that were open, but now that limitation is gone.   Having owners in the home means having them shuffled from floor to floor several times while rooms are shot. And the process gets slowed down as it often involves conversations between the photographer and the homeowner that do nothing to make your property look its best on video or photo.   Our photo/video/media guy has shot hundreds of homes, so letting him do his job uninterrupted means the jobs is done faster and more efficiently.    6. Avoid Hovering If you need to be at home, make sure to avoid hovering. Hovering could mean following the camera guy throughout the house. Or it could mean giving tidbits of info on the home that slow him down out of courtesy.   It could also mean accidentally showing up in the background videos or photos, which means having to take time to reshoot, or edit you out. Your presence can also impact the photographer's deep focus and creativity during a shoot, so just be mindful of where you are and "give him the floor".     Bonus: Turn on all the lights Wait until the shoot is 100% complete to turn off any lights Don't book painting, cleaning, drywalling, or moving things around for shoot day, as the photographer will be forced to wait idly Stage your home if your home if it needs it (e.g. if its barren) ### [How Credit Scores Are Calculated](https://www.sarniaproperty.com/blog_read/how-credit-scores-are-calculated) The reason credit scores exist is to give lenders an idea of how likely it is that you will default on a loan.   The higher your score, the better. Conversely, the lower your score, the greater the chance you will default on a loan. Lenders use this information to decide whether or not to give you a loan and what interest rate to charge you.   But what criteria do credit reporting agencies use to determine your credit score? Let's look at How Credit Scores Are Calculated.       Payment History First, the credit reporting agencies are going to take a look at your payment history. This criteria makes up around around 35 percent of the criteria they're going to look at.   Your payment history is your report card on what you've done with the loans that lenders have extended to date. They will look at credit cards, mortgage loans for any properties you own, lines of credit, installment loans, car loans, school loans, and others.     Credit Utilization Ratio Next, they'll look at how much credit you've used versus your credit limit. This is referred to as your credit utilization ratio and it accounts for around 30 percent of the criteria.   It's important to keep this number low, because it shows that you're not maxing out your credit cards or lines of credit, and shows responsible use.     Amount of Time Credit Accounts Have Been Open Another thing they will look at is how long your credit accounts have been open, and this accounts for around 15 percent of the criteria. Older accounts that were used, and not abused, show reliability over time.   You can see why mortgage lenders want to know this information: They are providing you with a pretty hefty amount of money, so they need to know your track record.   Recent accounts are going to be looked at too: If you're opening a bunch in a short time frame, that raises red flags and my negatively impact your credit score.     Public Records Next in the mix is public records, which hit 10 percent of the credit score criteria. Anyone who's gone bankrupt or had difficulties with debt collection or other negative public records may be rated as high-risk. These types of events can cause your credit score to take a huge hit.     Inquiries / Hard Pulls Finally, there are inquiries, or "hard pulls" on your credit file, and they count for another 10 percent of the credit score criteria.   You can personally check your credit score and credit file without it harming your numbers. Only inquiries that are related to active credit seeking will impact your credit score, so if you want to get your credit score, don't hesitate.   ### [August 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/august-2022-housing-market-update-for-sarnia-lambton)     "Hey, Sarnia-Lambton! We're hoping you've enjoyed Summer 2022, and are as excited as we are for the Fall Season! In the video below Sean gives the essential info from last month's housing market stats, and gives his opinion about the current state of the market and where he thinks things are going. Enjoy!" -The Team at Blue Coast Realty     Active listings: 675 August 2021: 164 sales, and $76 million in volume.   August 2022: 146 sales, and $67 million in volume.   Sales by Price Range: $0 - 200,000 : 13 sales $200,000 - $400,000 : 49 sales $400,000 - $600,000 46 sales 600,000+ : 36 sales   Average sale price: August 2021: $463,000 August 2022: $460,000   Average Number of Days to Sell: August 2021: 16 August 2022: 25 Months of Inventory: August 2021: 2 months of inventory   July 2022: We had 4 month of inventory August 2022: 4 months of inventory     Individual Areas of Sarnia (Note: Active listing count as of July 9th, 2022)   Sarnia North End: Active Listings: 65 39 sold - 3 conditionally sold Average Sale Price: $625,000   Sarnia South End: Active Listings: 83 38 sold - 3 conditionally sold Average Sale Price: $388,000   Bright’s Grove: Active Listings: 20 7 sold Average Sale Price: $747,000   Forest: Active Listings: 8 2 sold Average Sale Price: $455,000   Plympton-Wyoming: Active Listings: 37 6 sold - 1 conditionally sold Average Sale Price: $580,000   Petrolia: Active Listings: 13 8 sold Average Sale Price: $530,000   Corunna: Active Listings: 12 5 sold - 2 conditionally sold Average Sale Price: $480,000   St. Clair Township (excluding Corunna): Active Listings: 30 10 sold - 2 conditionally sold Average Sale Price: $446,000   ### [Ryan Out Loud - This Week in Housing (September 10th, 2022)](https://www.sarniaproperty.com/blog_read/rol-sept-10-2022)   How Much Of A Down Payment Do You Need On A Second Home? You don't need a 20% down payment to buy a home. You might need more money if you want to avoid paying for Private Mortgage Insurance, but you can still buy a home with 5% down. Read the article to learn more about this.   School is Back to Near Pre-Pandemic Levels Around 310 students have enrolled in online learning at the undergraduate level, accounting for less than 2 percent of the total student population. Approximately 800 students wanted to learn online in the 2021-22, but only about 310 have done so so far this school year.   Sump Pumps to Blame Some people may mistakenly connect a pressure-reducing valve to a sump pump. If this happens, the pump may not be able to handle the extra water, and this could lead to flooding. Last month, 432 properties were affected by flooding due to heavy rains.   Recently, the city council approved a plan to inspect homes for stormwater damage in an effort to reduce backups and flooding. So far, about one-third of properties inspected have sump pumps connected to the sanitary sewer line.   Meet with a Mortgage Professional After the summer, some people may wonder if it is a good time to buy a home. Some people may wonder if now is the time to get pre-approved for a mortgage.   Before making an offer on your dream house, it is important to meet with a mortgage professional to figure out how much you can afford and what loan might be the best for you.   Possible Bank of Canada rate hike pause after September The Bank of Canada might be done raising interest rates. One analyst at the Canadian Imperial Bank of Commerce thinks so, and September could be the end of rate hike trend.   References: www.moneysense.ca/down-payment-second-home/ blackburnnews.com/school-september globalnews.ca/mortgage-broker-questions-interest-rate financialpost.com/bank-of-canada-could-put-rate-hikes-on-pause-after-september ### [How to Prevent Flooding in Your Basement](https://www.sarniaproperty.com/blog_read/how-to-prevent-flooding-in-your-basement)     Basement floods and leaks can be both damaging to your home and costly to fix. Water damage can destroy your personal belongings, it can ruin your flooring, appliances, drywall, and if not dried properly, it can result in a mold problem.   So, what can homeowners do to prevent water damage to the basement?   Today, we are looking at some of the main sources of floods and what you can do to help flood-proof your basement. This is How to Prevent Flooding in Your Basement.       1. Set your sump pump up right. The sump pump is the heart of your basement flood prevention system. If you aren’t familiar, sump pumps are a small pit that collects water from around the perimeter of your home into your basement and then pumps it out of the house.   If it's not working properly or power goes out, AC operated sump pumps can't pump the water out of your home, so water builds up, overflows and floods. There are a few sump pump solutions, like a battery backup, or a generator so there is power for your unit to continue working.   There are also water-powered backup pumps which use municipal water to pump the water out by using suction from your sump pump pit... and by the way, there are companies in Sarnia-Lambton who can install these for you.   2. Get a backwater valve to prevent sewage backups. During major storms, sewage can back up into your home. A backwater valve allows flow in one direction, but prevents it from coming back inside. Get a licensed plumber to install one of these.   3. Check out & fix the soil slope around your home. If the slope goes towards your home, that means that rainwater will likely run towards your foundation and could potentially cause flooding in your basement. The fix here is to make sure that the soil around your home slopes away from the foundation, so that water will run away from your house instead of towards it.   4. Prevent soil from pulling away from the house by filling it in. Water can get built up and trapped between the home and soil, creating a pocket around your home. This can be filled in and packed down with soil. Maybe the same time you check and fix sloping, you can deal with this too.   5. Clear your window wells. Window wells are another potential source of basement flooding. Window wells are the little depressions around your basement windows where rainwater can collect. If you have window wells, make sure that they are cleared out so they can properly drain. This will help stop water from building up and causing flooding.   6. Check for cracks in your basement walls. Though you’re less likely to get massive flooding from cracks, it is a possibility that the problem will grow if not dealt with. For those looking to sell their home, when cracks, high amounts of moisture, or clear water damage is detected in a home this will likely be considered a material fact that could impact a buyers willingness to purchase the property. Even if no flooding results from cracks, the water will still damage your drywall, and have the same risk to flooring and possible mold if not treated properly.   7. Keep your gutters and downspouts free of debris. Gutters and downspouts take the water that hits your roof to the edges of the home and down and away from the property. If these are blocked, water will simply flow over and this leads to excess water around the home.   This can lead to leaks, and makes your sump pump have to work harder. Keep these clear and have the downspouts take the water at least 2 meters away from the home, on a slope towards a drain.   ### [How to Build Wealth Automatically](https://www.sarniaproperty.com/blog_read/how-to-build-wealth-automatically)   It's no secret that most people aspire to wealth, especially by the time they retire. But what stops the average person from achieving this goal?   Often it comes down to two things: knowledge and discipline.   Let's explore this today, and try and come up with some mathematically verified solutions on How to Build Wealth Automatically.       There are a lot of myths out there about what it takes to become wealthy. You may have heard that you need to make a lot of money, invest in risky ventures, or obsessively budget where every little bit of your earnings are going.   But the truth is that you don't need to do any of those things to build wealth effectively.   In fact, automating your investments and making small changes to your financial habits can go a long way toward making you wealthy over time.   Knowledge & Discipline Schools have historically done a poor job at teaching students how to save and invest their money. Only the smallest fraction of students, even in business programs, get a clear picture of how to really build wealth.   Next, most people don't have the discipline to consciously put away a chunk of their income after each pay check. Life is busy so it gets missed.   There are countless high income earners who live pay check to pay check because they live outside their means... and that's crazy if you think about it.   So, Let's Do a Little Math If you were to invest $150 a month, and had a 10% interest rate, with a 1 year compound interval, after 35 years your investment would be worth $514,418.74 dollars.   That's a lot of money considering you're only investing the equivalent of $5 dollars per day. Even small regular contributions can make a huge difference. So, if a little bit of saving goes a long way, then mathematically, you know if you can save a higher amount each month, you will be far better off.   Compound Interest The real MVP for creating wealth is using the awesome power of compound interest. Compound interest is interest that is earned not only on the original investment, but also on the accumulated interest from previous periods.   The effect of compounding is that an investment will grow at a faster rate than if simple interest were applied to it. Compound interest is often called "the eighth wonder of the world" because its power seems incomprehensible.   Most people who see the numbers don't believe what they are seeing: "You're telling me I can retire a millionaire by putting away such a small amount every day?!"   Let's do another scenario:    Your initial investment is $30,000. Each month you add $750 dollars or about $9,000 per year. The interest you earn is 8.17%.   Over 35 years you will have put in $345,000 of your own money. You will have earned $1,793,880 in total interest earned. The total value of the investment will be $2,138,880.   84% of the investment's final value will be from the incredible power of compound interest.   Clearly, making regular contributions makes a huge difference to your wealth at retirement. But people aren't great with delaying gratification and usually aren't disciplined enough to contribute. So, what can be done in order to take discipline and self control out of the picture so you'll have funds for your contributions?   Strategy: Pay Yourself First So, what's the solution to all this? Well, its actually really simple. What wealthy people do first is make sure they allocate a portion of their income to savings and investments before their money goes to anything else.   The goal should be to work from, say, 5% of your income saved at the start, and could go as high as 20% of your income per month over time going toward your future.   Automate the saving process. It takes too much discipline for most people to manually make savings contributions themselves. That's why automating the process of saving can be a lifesaver.   You can make a request to your bank or wealth management brokerage giving them permission to work with your work's payroll to automatically deduct a percentage of your pay to an account of your choice.   This way, there's no forgetting about prioritizing savings every month. You won't have to rely on willpower or discipline to make regular contributions.   Some payroll setups aren't ideal for this and it might not be possible. As an alternative, you could have a set amount taken from your bank account each month and placed into your accounts where they will earn interest.   There are apps available as well that can help to simplify and automate the savings process, but these vary based on your country.   So, in Canada what are the best accounts to make regular contributions into?     Use a TFSA and RRSP. But, where can your money be invested to grow? Two great options are through tax-free savings accounts, and registered retirement savings plans.   With TFSA contributions, your income has already been taxed when you were paid, and can be put in your TFSA to be invested and grow. When taking money out of the TFSA, you won't be taxed at all; not even on the interest you earned on it.   Another beautiful thing about TFSAs is that when you're retired, you can draw on this account and it won't be seen as income by the government.   With RRSPs, you don't have to pay taxes on the money you contribute in the year that you make the contribution, but will be taxed on it when you take it out. This account allows you to make tax-deferred contributions: in the year you make the contribution, that money is not counted as income for that year, meaning you'll pay less tax on it.   For first-time home  You can contribute up to $35,000 from your RRSP savings ($70,000 for a couple) toward the purchase of a home with the federal government's Home Buyers' Plan. The funds you're putting into your account must be on deposit for at least 90 days to qualify. You must also sign a contract to buy or build a qualifying home.   Regular contributions to both of these accounts will provide you with plenty of room to contribute, and grow your savings.   In order for your accounts to really grow it's important that the money is invested properly, so feel free to give us a shout and we can recommend some high quality investors and financial advisors that we use and trust ourselves.   Buy a home and pay it off faster. A final tip is that you should buy a home and make bi-weekly mortgage payments. Homeownership allows you to build a ton of equity in your home, and when its paid off, your housing situation is looked after.   With bi-weekly payments, you will be able to add an extra month of payment onto your mortgage each year, and this ends up shaving years off your mortgage by eating into the principal way faster.   And if you ever need to upgrade your home, try to keep your previous one if possible, as it can make a good source of income through renting. Passive income will allow greater contributions into your TFSAs or RRSPs.   ### [What's going on this weekend in Sarnia? September 16th to 18th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-in-sarnia-september-16th-to-18th) Looking for something to do this weekend?     September 16th - Hayden Mellon live at the Royal Canadian Legion in Wyoming | 7:00pm   September 17th - Summer Send Off | 2:00pm - 9:00pm @ Valley Axe in Sarnia, ON! - Camlachie summer send off will be a fun, inclusive one day event aimed at raising funds to help the Huron Shores Optimists build a community ice rink. The event will feature craft artisans, local businesses, food and drinks as well as entertainment.   September 17th - Bushel Fall Basket Make & Take | Class includes rustic bushel planter & insert, assorted fall plants, soil and accents.Cost: $59.99Saturday, September 17th, 24th & October 1st @ 10am & 2pmBook a date, time and class online at sipkens.myshopify.comOpen to all ages.May not be exactly as shown.See store for details.Call 519-542-8353 to book a private party for groups of 5 or more during business hours.   September 18th - Downriver Craft & Gift Sale |  10:00 a.m. to 4:00 p.m. Admission:  Adult $2.00, children free when accompanied by an adult Get an early start on your holiday shopping at this sale, featuring over 80 tables of handmade crafts and intriguing gifts.  There will be something for every interest, so come on out to purchase great gifts for family and friends, fun new fashion accessories for yourself, and decorative items for your home. New vendors are welcome to submit applications for this sale.  The form can be downloaded from this page.  Please note that all indoor tables are now booked.       ### [What's going on this weekend in Sarnia? September 23rd to 25th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-in-sarnia-september-23rd-to-25th)   What's going on this weekend in Sarnia-Lambton?   September 23rd | Dan Butts from 7pm to 10pm |  Dan Butts a well known local musician in Lambton County making his Wyoming Legion debut!! Come on out EVERYONE WELCOME Bring your own lawn chair if it’s nice he’ll be out back on our patio if not he’ll be inside!!      September 24th | Charity Car Wash | Progressive Auto Sales | 11am - 2pm Come on out to our 2nd annual charity car wash for mental health!     September 24th | Trail and Ale 2022 | Blackwell Trails Park | 10am - 3pm     September 24th | Chain Reaction Canada | Rustr @ 8:30pm If the tickets you are looking for are not available, please check back as our inventory is constantly updated. All tickets are issued as eTickets. You can print your tickets from your Ticketscene account page. Chain Reaction Canada Tickets - Get Tickets to upcoming Chain Reaction Canada events from Ticketscene! Ticket AvailabilityChain Reaction Canada will be in Sarnia, ON at Rustr Music Hall on Sep 24, 2022. If the tickets you are looking for are not available, please check back as our inventory is constantly updated. All tickets are issued as eTickets. You can print your tickets from your Ticketscene account page. ### [When Do I Need A Building Permit](https://www.sarniaproperty.com/blog_read/when-do-i-need-a-building-permit)   You've got big plans for your property, so you're eager to jump right in and just get it done! But wait, your projects could be ordered to be torn down or you could get a big fine if you don't have a permit.   But When Do I Need A Building Permit?       So, right off the bat, you should research and contact your municipality to see if your project requires a building permit, as this list can't cover it all, and is just meant to be a snapshot.   What a Building Permit? A building permit is a legal authorization from the municipality, in our case, the City of Sarnia, that allows you to proceed with your construction project. You may be thinking to yourself, "if the home and land is mine, why can't I do anything I want with the property? Why do we have to get a permit for certain projects?"   That's a good question. If you have fee simple homeownership, you have the highest amount of control over your property you can. Yet there are still limitations to what you can do without permission, and it all comes down to safety, health and accessibility.   Imagine an unskilled individual that builds an addition onto their home without getting a permit. He sells his home privately in the fall and then hears that during a big snowstorm in the winter the roof collapsed. He would be liable to the city for not getting a permit, and he would likely be sued by the buyers, even more so if anyone was injured.   Exterior Let's look at the exterior of the home first. But for existing homes, some projects that may need building permits are accessory buildings like a garage or a shed, depending on their square footage and height.   Any additions being built on the home will need a building permit, as well as any demolition that needs to happen.   Other work that need permits:   New home builds Swimming pools with more than 2 feet of water. Decks more than 2 feet above the ground and porch additions require a permit. Solar panels Wheelchair ramps Fixing your home's foundation   So, what kind of work inside your home needs a building permit?   Finishing basement or attic Fireplace or wood stove installation Plumbing system installation Heating system installation Air conditioning system installation   Luckily, there are some things that don't need permits, like fences, or certain decks under 2 feet, replacing siding or shingles, changing doors, installing cabinets or shelves. Even sheds that meet certain criteria are exempt.   There are lots of things that require building permits. If you have a project in mind and aren't sure if you need a permit check out the city of Sarnia's website for info. You can see how to apply for a permit and all the steps you need to take to get the project done: www.sarnia.ca/building-permits ### [Ryan Out Loud - This Week in Housing (September 24th, 2022)](https://www.sarniaproperty.com/blog_read/ryan-out-loud-this-week-in-housing-september-24th-2022)   Benchmark Interest Rate hiked to 3.25% In an effort to control inflation, the Bank of Canada raised it's trendsetting interest rate by three-quarters of a percentage point on Wednesday. The Bank of Canada has raised interest rates four times since late September, as the world's 10th-largest economy tries to battle a financial crisis. Surges in gasoline and consumer prices have pushed inflation up to its highest level in decades, prompting the bank to try to cool red-hot price growth by raising lending rates.   Listings Hit Record The number of new real estate listings in the market has set a record high as the housing market starts to cool off. In August, we saw a higher than normal number of new listings, which is good news for buyers and sellers who are looking to capitalize on the current market conditions.   Dream Home The latest Dream Home Lottery aspires to raise $500,000 for Sarnia and Petrolia hospitals. If you win the lottery, which is a partnership of Bluewater Health and the Charlotte Eleanor Englehart Hospital foundations, you will get a newly constructed and fully furnished two-storey home at 1955 Orchard Ave. in Bright’s Grove.   Rent-to-Own Becoming Popular in Canada Investing in rent-to-own housing is signing on to a unique path of delayed home ownership that many advocates see as being beneficial for those with credit limitations or damage, and inability to qualify traditionally. Although there are some risks associated with this method — such as maintenance costs or losing the down payment if tenant fails to meet agreement terms.   Sarnia Playgrounds Plan With the recently refurbished Tecumseh Park playground, the city now has two accessible play areas. That number is expected to rise in coming years, pending changes such as those planned for Centennial Park as per the city's waterfront master plan and Germain Park's master plan.   References: www.cbc.ca/news/bank-of-canada-rate-hike blackburnnews.com/hot-housing-market-cools-off stthomastimesjournal.com/latest-dream-home-lottery-hospitals www.msn.com/canada-is-buying-into-the-rent-to-own www.theobserver.ca/news/sarnia-playground-upgrades ### [10-06-2022 - What is a Vendor Take-Back Mortgage?](https://www.sarniaproperty.com/blog_read/10-06-2022-what-is-a-vendor-take-back-mortgage)   We're going to break down a little bit of a vendor take-back mortgage and why people use them.     What is a Vendor Take-Back Mortgage? A Vendor Take-Back Mortgage is simply when the seller of a property provides some or all of the financing for the buyer. The seller or the property owner essentially becomes the bank and they hold the mortgage for the potential buyer. The owner of the home continues to own a percentage of the property equal to the amount of loan until the vendor take-back mortgage is paid in full.   Interest Rate One of the big benefits is that the seller can set the interest rate on the mortgage for the buyer. Just like a bank makes money from interest on the principal, so can the seller. They could end up getting a higher interest rate which means more money in their pocket, or they could charge a lower interest rate than a lender to entice a buyer.   If sellers may have a harder time selling their property in markets when interest rates are higher. In this situation the seller might offer a bit of a lower interest rate than most lenders. They can do their payments based on principal and interest, or they could do it interest only payments as well.   Income Property Acquisition Sometimes a seller, often a real estate investor, wants a certain amount of money for the rental property and the bank just won't approve buyers for that amount because the rent costs don't make sense. This is often because the property's not in the right shape to sell for the listed price, and its appraised value is too low. So, it needs to become profitable, and needs to be fixed up, renovated or updated.   Sometimes if the seller is able, if they own the property free and clear or they don't owe that much on it, they'll do a vendor take-back for a buyer until they can get the rents up. The seller's going to hold the mortgage, renovate the property until it is in great shape, have the property appraised for significantly higher value, and thus justifying a higher rent.   At some point after the new appraisal price comes in, the financial lender will look at the new numbers. If they make sense then they will likely be willing to pay the seller out and the buyer will assume a traditional mortgage with the lender.   Equity + Interest Leaving a portion of the sale price in the property itself means selling your home from all of the equity you've put into it of the home plus interest, meaning that money is working for you. And as an added bonus, this type of transaction also may shield you from getting taxed excessively on higher priced investment properties.   Breaking into the Housing Market A vendor take-back mortgage can benefit those who are buying their first home and have limited funds for a down payment. By allowing you to put down a smaller sum of money, this type of mortgage makes it easier for people to enter into housing markets where they might not be able to without assistance from friends or relatives.   Just know that buyers will usually end up paying more in interest to the seller in a vendor take-back situation than the rate a lender would charge. ### [FALL 2022 HOME DECOR TRENDS](https://www.sarniaproperty.com/blog_read/fall-2022-home-decor-trends)   Now that fall is officially here, with its crisp morning air, bright blue skies, and cozy sweaters, I thought I’d share some of the top fall home decor trends and design styles for 2022, along with a few affordable fall decor finds and autumn decorating ideas.  Whether fall is your thing or you’re still lamenting the end of summer, there are ways to add a touch of fall to your home without having to switch everything out or go with a “theme.” If you’re in the mood to shop for fall home decor, this is a great time to find on-trend items that will make it easy to transition your home to the new season. To read the full article please click on the link: https://jane-athome.com/fall-home-decor-trends/ ### [How to Pay Off Your Mortgage Early](https://www.sarniaproperty.com/blog_read/how-to-pay-off-your-mortgage-early)   How to Pay Off Your Mortgage Early It's a great feeling knowing a debt has been fully paid off and you're no longer tied to that specific expense. So it's obvious why homeowners who are still making mortgage payments look forward to the day when their mortgage is the rear view mirror. Having a paid off home is a dream come true!   But before you start planning how to spend your newfound extra cash each month, remember that there are both right and wrong ways to go about paying off your mortgage early. This article will cover some few tips on how to pay your mortgage off early.     Increase Your Mortgage Payments The first option for taking bigger bites out of your mortgage is increasing your mortgage payments. Adding even a small amount to your monthly bill might help you pay off your mortgage faster.   You can only increase your payments by a set yearly amount, depending on what is specified in your mortgage contract. If you try to increase them more than allowed, you might have to pay a fee. Just remember that once you boost your payments, you can't decrease them until the end of the term, which could be up to 5 years or more.   Accelerated Mortgage Payments You may set up an accelerated payment plan to make weekly or biweekly payments. With this option, you are putting more money toward your mortgage each month. Making accelerated payments can help you save money on interest because you effectively make what amounts to an extra month's payment each year.   Lump-Sum Payments With lump-sum payments, you are able to put down specific amounts of money towards your mortgage principal. This is a fantastic way of eating into the principal because you aren't paying interest on lump-sum payments.   In turn, this can be a great way to reduce the amount of interest you pay on your loan in the long run. Just be cognizant that you'll have a limit on how much of a lump-sum you can put down on your mortgage. And you'll pay a fee for this as well.   Shorten Your Loan Term with Refinancing Another great option is to shorten your loan term when you refinance your home. If you have 20 years left on a 30 year mortgage, refinancing to a 15-year loan would would shave 5 years off your loan term. So, you'll have larger monthly payments but you'll end up paying less interest.   Pay it off in Cash If you have enough cash to pay off the remainder of your debt, this could be a great alternative. This is the method that people with considerable savings when considering how to pay off their mortgage early. ### [Mistakes to Avoid When Paying Off Your Home Early](https://www.sarniaproperty.com/blog_read/mistakes-to-avoid-when-paying-off-your-home-early)     In our previous blog we looked at some ways you can pay off your home early: How to Pay Your Mortgage Off Early   You could increase the size of your mortgage payments, do accelerated mortgage payments, make lump-sum payments, shorten your amortization period when you refinance or pay it off in cash. But there are mistakes that can be a real setback if you haven't considered them.   Today, we're looking at some Mistakes to Avoid When Paying Your Home Off Early.     Are You Allowed to Make Additional Payments? Before you make any additional payments, you need to know what exactly is permitted. Do this by checking your mortgage document and talking with your lender. If you are a first-time home buyer, make sure to discuss what additional payment privileges they will give you.   Investments Gains vs. Interest Payments A big mistakes has to do with investments. If you're paying off your mortgage to save on interest, and you're also investing your money, you'll need to calculate and estimate whether you could end up making more money from your investments than you will end up saving in interest by paying off your mortgage early.   If your investments are going to gain you more than interest will cost you, maybe consider forgoing big lump sum payments and instead put more towards your investments. You can still make extra payments   Paying Interest Not Principal If you're able to make extra payments each month, make sure the lender does not use it to pay down the interest for the next payment. If it doesn't go towards reducing your principal balance then it does virtually nothing to help pay off the home faster. Talk with the lender and be certain the payment is going to the principal.   Penalties for Prepayment When you pay off your mortgage earlier than the agreed-upon date, some lenders will try to compensate for their own lost profits by charging a prepayment penalty. Prepayment penalties can amount to a percentage of the loan or a few months' worth of interest. Some lenders may hit customers who try to pay off their loans early pretty hard.   Say you have a $300,000 mortgage with 4% prepayment penalty; that would set you back $12,000.   No Funds Left Over Some people get so intense about paying off their mortgage, they leave little saved for other things. In our post on How to Build Wealth Automatically, we mentioned how the earlier you begin saving the better. Automating regular contributions to TFSAs, RRSPs, savings, and investments, are best used in conjunction with homeownership and accelerated payments.  See our previous blog here: BlueCoastRealty.ca/BuildWealthAutomatically   Check out Sean's video for tips to automate wealth building.   If all your focus and extra money is put toward homeownership then you may fail to make use of the magic of compound interest, which can have big effects in the long run.   A balanced approach that includes paying off your mortgage early, saving, and investing is the smartest way to use your money. ### [RRSP Home Buyers' Plan](https://www.sarniaproperty.com/blog_read/rrsp-home-buyers-plan)       Coming up with a down payment for a home can be a challenge. We all saw prices rise in our area to levels never seen before, pushing many aspiring homeowners to the wayside. The good news is, if you've been contributing to an RRSP, you may be able to take advantage of a plan to help first-time home buyers with the Home Buyers' Plan. Here is How You Can Use Your RRSP to Help Buy a Home.     What is an RRSP? An RRSP is a Registered Retirement Savings Plan. It's a savings plan that offers tax advantages to help you save for retirement. You and your spouse or common-law partner can contribute to RRSPs, and the amount you contribute can be deducted from your taxes.   How much can I use from my RRSP for my Down Payment? With the federal government's Home Buyers' Plan, you can use up to $35,000 of your RRSP savings or $70,000 for a couple) to help finance your down payment on a home. You must have at least 90 days' worth of funds invested in a registered retirement savings plan to be eligible. You must also submit a signed agreement to purchase or build a qualifying home.   Repaying Your RRSP What's great about the Home Buyers' Plan is that you won't have to pay tax on your withdrawals until 15 years later and only if they are not repaid back into the account. And you may actually qualify as a first-time home buyer, even if you've owned a property already. If you have not occupied a property that you or your current spouse or partner owned in the previous four years, you are regarded a first-time buyer.   Home Buyers' Plan Benefits  The Home Buyers' Plan gives you the option of tapping into your RRSP savings to help with your down payment. This may be a great option for you as it will allow you to access some of your existing resources.   The Home Buyers' Plan can help you make a 20% down payment so you can potentially avoid having to pay default insurance premiums. There are many benefits to this plan, even if you have the money for a down payment.   Considerations It's critical to have both the advantages and disadvantages of this approach considered in your overall strategy. There are several things you should consider before using the plan.   1. Since the money you put into your RRSP must be fully repaid over time, will you be able to make those contributions consistently?   2. How have your investments in your RRSP been doing? If you they are doing well and you're getting good returns, it might not make sense to cash them in. The Home Buyers' Plan can lower your mortgage amount, but you'll need to determine if its worth forgoing the tax-sheltered growth potential of your RRSP.   If you are a first-time home buyer and are looking to start the search, and see what options you have available, get a hold of out team today: (226) 778-0747. ### [What's going on this weekend in Sarnia? September 30th to October 2nd](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-in-sarnia-september-30th-to-october-2nd)   The Sadies at Refined Fool Brewing Co. | September 30th | 8pm - 11pm The one and only SADIES are coming BACK to our London Rd taproom to blow your mind and the roof off. You do not want to miss this intimate and amazing performance. In support of their most recent album COLDER STREAMS. Tickets are $30 each + tax & fees Opening Act: TBA   Fiesta Saturday at Cafe Mexico | October 1st | 8pm - 12am Join us for an amazing night of live latin music: Latin Element and DJ ORLANDO VALENCIA   Light up the Night for Noelle | October 1st | 6:30pm - 8:30pm LIGHT UP THE NIGHT FOR NOELLE (5K RUN/WALK & 10K RUN) October 1 @ 6:30 pm - 8:30 pm $50.00 We are finally back, on Saturday October 1, 2022 Available upon request : Running Light & “Chip” timing*All proceeds go to Noelle’s Gift*   Blue Coast Plant a Tree Day! | Sherwood Village Park | 10am - 2pm In efforts to improve our carbon footprint, the Blue Coast Team presents the first ever annual: Blue Coast Plant a Tree Day!Our team will be planting trees in Sherwood Village Park on Sunday, October 2nd! As well as handing out seedlings for you to plant in your very own backyard!🌱➡️Stop by the park anytime between 10am - 2pm to grab your seedling, a fresh cup of coffee & donut from Global Donuts & Deli!🍩☕️   ### [Is My Pre-Approval Still Valid?](https://www.sarniaproperty.com/blog_read/is-my-pre-approval-still-valid)   After you start first start working with a real estate agent, pre-approval is the second step in the home buying process. Once you're pre-approved by a lender, your price range will be established so your agent can find you the right home.   But, pre-approval doesn't last forever and there are certain times where you may need to get pre-approved once again. Let's look at some occasions where you may need to get another pre-approval.     Time Frame The main reason why your pre-approval may no longer be valid is simply due to the passage of time. And even though pre-approvals can last between 90 and 120 days depending on the financial institution, lenders typically want to see a pre-approval that's less than 90 days old. So if it's been longer than that, you may need to get a new one.   Employment Changes Next, if you change employment you may need to get pre-approved all over again. Even if your new job pays the exact same or even more, lenders still like to see stability in employment.   If you're switching from a salaried position to hourly, or going from full-time to part-time work, that can also impact your pre-approval. And even if you stay at the same company, having a reduction in pay can also require you to get a new pre-approval.   Taking on a Lot of New Debt If you incur any new major debts, that can also require a new pre-approval. For example, if you finance a new car or rack up some significant credit card debt, that can change your debt-to-income ratio. And if your DTI ratio exceeds the maximum allowed by the lender, you may need a new pre-approval.   Credit Score Changes If your credit score drops significantly, or improves drastically, that can be reason to get another pre-approval. If your credit score has dropped a great deal, it may mean you now fall outside the lender’s credit score guidelines.   On the other hand, if your credit score has increased dramatically, you may qualify for a better interest rate, or loan terms. So getting another pre-approval could end up saving you money in the long run. Whatever you do, make sure to get a certificate of pre-approval from your lender, so you can have peace of mind that your financing is in order.   If you have any questions about whether or not your pre-approval is still valid, please don't hesitate to reach out to your lender. They will be more than happy to help you figure out what steps to take next. ### [6 Mistakes for Home Buyers to Avoid](https://www.sarniaproperty.com/blog_read/6-mistakes-for-home-buyers-to-avoid)   Whether you're a first-time home buyer breaking into the market or a seasoned buyer, you want the purchase of a home to go smoothly.   But there are many potential mistakes buyers make during the process. Here are some of the most common mistakes and how to avoid them.   Here as 6 Mistakes for Home Buyers to Avoid.     Mistake 1. Failing to Research. When you buy a home, you're not just buying a property – you're also investing in the surrounding neighbourhood and community. So before you start house hunting, it's important to do your research and figure out which area is the right fit for you. Consider things like the commute to work, the available schools, crime rates, and the general feel of the neighbourhood.   Mistake 2. Not Hiring the Right Agent. Working with an experienced agent who knows the ins and outs of the home-buying process can save you time, money and headaches.   Your agent will be able to negotiate on your behalf, help you navigate the paperwork and be there to answer any questions you have along the way.     Mistake 3. Not Knowing Your Credit Score. Credit score is one of the most important factors in getting pre-approved and getting a good interest rate for a mortgage. You can check your credit report for free through a credit reporting agency like Equifax immediately if home buying is on your horizon. You’ll need time to build your score up if it’s low. This way you can correct any errors and improve your score as much as possible.   Check out our blog here on how to check your free credit report: https://bit.ly/FreeCreditReportCanada.   And while we're on the topic of pre-approval...   Mistake 4. No Pre-Approval. Many buyers make the mistake of finding their dream home before they know how much they can afford to spend. Getting pre-approved for a mortgage will help you know your budget and avoid falling in love with a home you can't afford.     Mistake 5. Not Getting a Home Inspection. A home inspection is an important condition to include in your offer. Yet many buyers skip it in order to save money. Or they might skip a home inspection condition to make their offer more competitive during a seller's market.   But a professional home inspector can spot potential problems with the property that you may not be able to see. And if there are any major repairs needed, you can negotiate with the seller to have them taken care of before you close on the home.   Mistake 6. Holding Out for the "Perfect" Deal. Before you even start the hunt for a home, go in understanding that no home is flawless and you might not get everything on your wish list during a home search. And in a hot seller's market, homes are selling quickly and for close to the asking price.   Waiting around for the perfect home may meaning missing out on a lot of great ones. You may have to act fast if you find a property you like. If you wait around too long, someone else may snatch up the home before you have a chance to make an offer.   Check out Sean's video on what to include in your Wish List.     ### [This Week in Housing (October 4th, 2022)](https://www.sarniaproperty.com/blog_read/this-week-in-housing-october-4th-2022)     Vacation Homes: A Good Investment? When you're buying a home, the purchase price is only one aspect of the tale. There are numerous other expenditures to consider, whether you're paying cash for it or taking out a mortgage. Property taxes, utilities, insurance, and maintenance are all common charges that can quickly add up. For example, property tax alone may easily raise house prices by 2% to 4% each year. These expenditures might be even greater for an older cottage or one with added facilities and fees.   Full article: www.moneysense.ca/vacation-home   There will be new signs in Sarnia later this year. Before the year is out, new, simpler welcome signs will be in place at city entry points. The materials are presently being manufactured. A $132,000 waterfront sign with six-foot-tall light-up letters spelling "SARNIA" by Sarnia Bay is also due for installation before the year comes to an end.   Full article: www.theobserver.ca/new-sarnia-signs-2022   Sarnia candidates meet and greet Residents of Sarnia will have the opportunity to meet and chat with municipal election candidates on Tuesday. There are nine candidates running for four city/county councillor positions, and 25 people in the running for the four additional council seats.   Full article: blackburnnews.com/sarnia-candidates-meet-greet   Apartments planned for former movie theatre property At a special meeting on Thursday, Sarnia city council voted to rezone and update the official plan for a vacant lot adjacent to Lambton College. The new plan will allow for the construction of six four-story apartment buildings, with a total of 324 one-, two- and threebedroom apartments. This project has been in the works for almost ten years.   Full article: www.theobserver.ca/apartments-planned-former-movie-theatre-property ### [What's going on this weekend? October 7th - 10th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-october-7th-10th) October 7th 2022 | Sympathy Laughs Only! A stand up comedy show featuring some of Sarnia best and upcoming local talent!. Laugh at their pain or don’t we can’t tell you what to do. 7:30pm - 124 Christina St N 124 Christina Street North Sarnia, ON N7T 5T6   October 7th - 10th 2022 | The Brigden Fair 2022 Come on out to the Brigden Fair this weekend! With so many things to do, prizes to win and multiple food vendors to choose from!! 2435 Courtright Line, Brigden, Ontario   October 7th & 9th | Progressive Auto Sales Arena Come on out and cheer on your local OHL team the Sarnia Sting! This friday they face off at 7:05pm against the Saginaw Spirit and Sunday the 9th against the SOO Greyhounds at 2:05pm!   October 7th/8th/9th | Reaper's Realm In the early 1800’s St Clair Township began to settle into a thriving farming community. In order to meet the demand for land the local forest were cut down to make room for the growing farms. The heart of the forest was know as the realm that was said to be protected by supernatural forces. The closer the settlers got to the realm horrible unexplainable accidents and disappearances occurred. The settlers marked the the trees around the realm with a R as a warning to those not to enter this cursed place. Legend says on fall nights the screams of these settlers can still be heard today.  The Legend Lives On Building on its haunted past the realm has become the home of Canada's only Haunted Forest Ride. An experience in fear unlike any other in the world. The leader of the lost Souls has returned and with with him the souls that he has taken over the years to protect his realm.   ### [September 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/september-2022-housing-market-update-for-sarnia-lambton)       Current active listings: 710   Sales & Sales Volume: September 2021: 162 sales, and $78 million in volume. September 2022: 132 sales, and $66 million in volume. Number of Sales by Price Range: 11 sales: $0 - 200,000 37 sales: 200,000 - 400,000 42 sales: 400,000-600,000 40 sales: 600,000+     Average sale prices: September 2021: $484,000  September 2022: $498,000  Prices up 3% higher than September 2021. Average Number of Days to Sell: September 2021: 17  September 2022: 27 Months of Inventory:  September 2021: 2 months of inventory  September 2022: 5 months of inventory   Individual Areas of Sarnia   Sarnia North End:  Active Listings: 85 35 sold - 5 conditionally sold Average Sale Price: $582,000   Sarnia South End:  Active Listings: 80 49 sold - 7 conditionally sold Average Sale Price: $422,000   Bright’s Grove:  Active Listings: 18 5 sold  - 1 conditionally sold Average Sale Price: $880,000   Forest: Active Listings: 8 3 sold - 2 conditionally sold Average Sale Price: $395,000   Plympton-Wyoming:  Active Listings: 35 6 sold - 2 conditionally sold Average Sale Price: $687,000   Petrolia:  Active Listings: 17 5 sold Average Sale Price: $533,000   Corunna: Active Listings: 20 4 sold Average Sale Price: $620,000   St. Clair Township (excluding Corunna): Active Listings: 15 6 sold - 3 conditionally sold Average Sale Price: $447,000 ### [What's going on this weekend? October 14th -16th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-october-14th-16th)     What's going on this weekend?   Demolition Derby | 1pm | Brigden Fairgrounds A thanksgiving/fall tradition! Come on out on Saturday Oct. 15th at 1:00pm!   Make of the Month | Fall pop-up Cards Make, learn, explore and share using technology from Lambton County Library's Makerspace.  Make a fall themed pop-up card using the silhouette machine. We will be decorating the cards using a variety of fall themed cutouts and colours.    ICBH and Bluewater Health Foundation are proud to Present the Practically Hip October 15, 2022 Imperial City Brew House has joined forces with Bluewater Health Foundation to raise funds for the Oncology Department at Sarnia's Lambton Community Hospital, Bluewater Health Foundation. We have asked the number one sought-after Tragically Hip Tribute band to join us in honour of the passing of Gord Downie.  We would love to invite you and your friends to join us on Saturday, October 15th, at Imperial City Brew House for a fabulous night out with tasty beverages, incredible entertainment and a 50/50 draw that will help us make a difference locally. Not to mention that your ticket proceeds go directly to our local hospital.   Sting vs Spitfires | Friday October 14th | PASA Come on out this friday to cheer on your local OHL team as they take on the Windsor Spitfires!       ### [The 10 Steps to Selling Your Home](https://www.sarniaproperty.com/blog_read/the-10-steps-to-selling-your-home)   Selling your house is a big leap, especially for those who've put a lot of work into their home. There are a ton of moving parts, and complexities when selling, which is why we're here today to break it down for you into bite-sized chunks.     1. Research and Interview Realtors Interview a few real estate agents to see who can help you sell your home. You'll want to ask them questions about their brokerage, experience and what they would do to market your home.   Ask to see any marketing plans they use for properties, provide examples of their work, and the typical reach from social media, websites, radio, signage, showings and open houses. Make sure you feel comfortable with the agent and that they seem like they will be able to get the job done.   2. Sign the Listing Agreement You will need to sign a document called the listing agreement. But before signing each part of the listing agreement, your agent will explain what each part means to you, and also the relationship options you have with the brokerage. And you'll be given plenty of time to read it over.   This document states the conditions of the relationship between you and your real estate agent. Your sales rep or broker will help you understand this document. After you fully comprehend the information, you can sign your name and put initials in boxes next to details like the sale price, commission rate you agreed on, what rights you're giving the agent to market and sell your home, as well as any other important information.   3. Prepare Your Home After that, your real estate professionals will tell you what to do to get ready to sell. They will start promoting your property to potential buyers as soon as possible. So be prepared ahead of time by doing things like getting your house clean, decluttered and fixing any problems. Your agent may recommend staging as well.   4. Marketing Material Once your home looks its best, it's time for photography, and videography. Your agent will put together a listing complete with edited photos and videos that will go on their personal website, or the MLS, depending on what's been agreed upon. Online ads, radio ads, social media posts, reels, stories, signage, live videos, and tours will commence.   5. Exclusive Listings and Multiple Listing Service On the listing agreement, you will have indicated whether the listing will be exclusive for a period of time, or if it will immediately go up on MLS. Your agent will likely market your property by using a multiple listing service for maximal exposure.   6. Showings and Open Houses Your realtor can begin private showings as soon as they are given permission. While open houses usually start after the property has a few days of marketing exposure. You'll be kept in the loop with regular communication on this activity. So ahead of time before showings and open houses you'll know exactly what's happening.   7.  Review and Decide on Offers. When one or more offers are made, you will be presented with them and you are able to choose which offer, including any terms and conditions attached or not attached with it. You can accept, reject or counter any offer you receive.   If you're in a client relationship, and not in a multiple representation situation, your realtor will provide both information and advice for you to make the most informed and strategic decision possible. Agents are hired to help you make decisions. If your agent tells you why they don't like an offer from a buyer, listen carefully. They probably have a good reason. When an offer makes sense you can choose to accept it.   8. Fulfill Conditions The listing agreement will have determined commissions payable to your agent and any co-operating brokerage, and any other costs. If you accepted an offer that had conditions, they would need to be fulfilled in the agreed upon time frame.   9. Plan the Move Next, you'll need to focus on moving to your new home or other place to live. If you're moving locally, this may be easy. But if you're relocating to another town or province, there will need to be some planning involved either with friends and family, or a moving company.   10. Completion Day You'll pay any remaining fees, finish the sale process. You'll sign the paperwork from your lawyer and give the buyer the keys and the deal is closed. And that is how a home is sold. ### [This Week in Housing (October 14th, 2022)](https://www.sarniaproperty.com/blog_read/this-week-in-housing-october-14th-2022)     Low-Speed Vehicles The City of Sarnia is considering permitting low-speed vehicles (LSVs) to operate on city streets and would like public input on the matter. Electric LSVs have a top speed of 40 km/h and are ideal for shorter trips within an urban area.   blackburnnews.com/sarnia-seeking-feedback-lsvs   Mayoral Candidates Discuss Key Issue During a nearly hour-long debate at the Imperial Theatre Tuesday evening, Sarnia's mayoral candidates discussed their differing views on the need to grow the city's population. Incumbent Mike Bradley and Councillor Nathan Colquhoun both took part in the discussion.   blackburnnews.com/mayoral-candidates-discussion   Duplex Purchased by County for Rent-Geared-to-Income Units Adding two more units of rent-geared-to-income housing, Lambton County has purchased a duplex in Sarnia. Located at 244 Devine St., the property will be renovated to include one two-bedroom unit and one one-bedroom unit. www.theobserver.ca/county-buys-duplex-for-rent-geared-to-income-units   The Upside of a Cooling Market If you're new to the Canadian real estate market, here's something that may interest you — it's cooling off. National house sales have decreased by 24.7% from this August as compared to last year, so first-time home buyers like yourself might have a better chance now. www.curiocity.com/canadian-real-estate-market   City of Sarnia Net-Zero Building Strategy Going forward, all new municipal buildings will have to meet "net-zero" emissions standards, as per the city council's recent decision. This leaves us with the challenge of making corporate structures net-zero by 2050. www.sarniathisweek.com/city-buildings-net-zero ### [What's going on this weekend? October 21st - 23rd](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-october-21st-23rd) What is going on this weekend in Sarnia-Lambton?   October 21st 2022 | 7pm | Progressive Auto Sales Arena Come on out this friday and cheer on your local OHL team the Sarnia Sting as they face the flint firebirds!   October 21st 2022 | 6pm | Big Family Big Family Brewing Co. is excited to announce that Jordan Ginty will be making an appearance, performing live music all night long! Looking for a date night idea? Head out to Big Family this friday and enjoy!   October 22nd 2022 | Frightfest in the Village | Maud's Variety Come join us for an outdoor spooky market! Halloween and fall themed vendors plus more! Stay tuned for announcements!   October 22nd/23rd 2022 | Pumpkin Fest | Korny Korners Farm On Saturday the 22nd come on out anytime after 9:30am and on Sunday anytime after 12:00pm to check out Korny Korners annual Pumpkin Fest! They have something for the whole family, games, activities, animal shows, mazes, hay rides, market items for sale and of course the pumpkin patch that you'll go to and pick out your very own pumpkin!!     ### [Preventing Fire in the Home](https://www.sarniaproperty.com/blog_read/preventing-fire-in-the-home)   When a home is affected by fire, the results can range from financially costly to tragic. Many people have friends or acquaintances who have lost their homes, possessions or their lives to fire. Let's do our part and check out some preventative tips.   It's important for everyone to know their role in fire safety. Homeowners, landlords and tenants all have responsibilities when it comes to keeping people and homes safe from both fire and carbon monoxide.   The Ontario Fire Code sets out the minimum requirements for fire safety in all buildings, including residential homes.   Landlord and Tenant Responsibilities Landlords are responsible for ensuring that their rental properties are in compliance with the Fire Code. This includes maintaining fire alarm and sprinkler systems, and conducting needed fire safety inspections.   Tenants are responsible for following the Fire Code as well and keeping their units free of clutter. If tenants notice any low-battery beeping from any alarm, it is their responsibility to either replace the batteries, or inform the landlord, depending on that has been agreed upon. Tenants should also report any potential fire hazards to their landlord.   Smoke Alarms Homeowners are responsible for maintaining their home in compliance with the Ontario Fire Code. This includes having working smoke alarms and carbon monoxide detectors, and keeping exits clear of clutter.   Many fires that lead to death occur at night when people are asleep. Oftentimes, these victims never wake up. With working smoke alarms, you gain the priceless time needed to escape a fire. Every home, cabin, cottage, and seasonal home in Ontario by law must have a functioning smoke alarm on every story and outside of all sleeping areas.   Carbon Monoxide Detectors If you have any fuel-burning appliances, fireplaces or an attached garage in your home, by law in Ontario you must have a CO alarm installed adjacent to each sleeping area. Carbon monoxide is a silent killer that is undetectable without a CO detector. Caused by fire that isn't adequately oxygenated, CO takes the place of oxygen in the blood, leading those affected to go from feeling normal, to ill, to blacked out from a lack of oxygen to the brain.   Fire Extinguishers Most buildings in Ontario, with the exception of single-family homes, are required by law to have a portable fire extinguisher installed. Although not legally mandated for residences, it's really a smart idea for all homeowners to include a fire extinguisher as part of their safety plans.   Having a few extinguishers on hand  and knowing how to use them properly could make the difference between containing a small fire and losing everything in a major blaze. Other Considerations Remove flammable debris from around your home, like needles and leaves from near your home and in your gutters. Use flame-resistant materials if you are going to do renovations. Keep powerlines free from tree branches near your home, which could cause an electrical fire should the branch break and hit the line. Have a fire plan in place, and ensure your family knows the plan   Everyone has a role to play in preventing fires and keeping people safe. By understanding how to protect your home and deciding to take responsibility for our own actions, we can all help make our homes and communities safer places to live.   Want more fire prevention tips? Check out FireSmartCanada.ca.   ### [6 Ways We Protect Our Clients' Interests](https://www.sarniaproperty.com/blog_read/6-ways-we-protect-our-clients-interests)   When you're on your own buying or selling, you're missing out on some of the biggest perks of working with a real estate brokerage; agency.   Our clients gain some big advantages over those trying to do so on their own. But how do we protect our clients' interests?   Here are 6 Ways We Protect Our Clients' Interests.       Negotiating Terms. First, we're going to negotiate favourable terms on your behalf. We know how to haggle and we're not afraid to do it. Our number one priority is always getting the best possible outcome for our clients.   You might be thinking, "I can negotiate my own terms. I'm a big boy or girl." But, unless you've had extensive training or experience in negotiation, and understand the countless details in a real estate transaction, it's unlikely you'll be able to match our skills. We've spent years, both learning theory, and gaining real experience in how to get you the best possible deal. And we'll be honest and fair with you no matter what.   Maintaining Confidentiality. We understand that our client's circumstances aren't meant to be broadcast to the world, and especially not to other parties. Giving away certain details about your situation can empower the other parties, be it buyers or sellers, to gain a negotiation advantage over you.   You can be confident that we will never reveal any information about you to anyone without your express desire and permission.   Disclosing Key Info to You. Our job is to empower our clients with both more than sufficient information and skillful advice, because, ultimate, you will be making decisions on the actions we take.   One thing we guarantee is to disclose any relevant knowledge we unearth about the situation of buyers if you're the seller, and sellers if you're the buyer. You will be able discuss the info     Acting On Your Behalf. Another important thing is that we’re here to act on your behalf. We know one of the best ways to protect our clients is by acting on their behalf in all deals, offers, negotiations, sales, and marketing.   By entering into an agency relationship with us, you gain the power of a team who does the heavy lifting for you, while keeping you protected. This allows us to stay focused on achieving your goals while you focus on other important things in your life.   Obeying Instructions If legal, we always obey our clients' wishes and instructions to the letter. You ultimately have the say in details like how much to list your home for, or how much to offer on a home, or when to accept or decline an offer.   Our job is to provide you with expert advice and market knowledge, but ultimately the decisions are yours to make. We will always follow your wishes and instructions, provided they are legal and ethical.   Performing Our Mandate. We also make sure that we fulfill our contractual mandate. This includes things like making sure the property is marketed properly, that all offers are brought to you in a timely fashion, and that the paperwork is completed correctly.   We understand that buying or selling a home is a big decision, and we take our role in the process very seriously.   ### [Eight Ways to get Your Home Ready for Winter](https://www.sarniaproperty.com/blog_read/eight-ways-to-get-your-home-ready-for-winter) The winter season is drawing near which means sub-zero arctic-like temperatures, icy conditions, and a whole lot of snow. That's why it's time to start thinking about how to protect your home from any potential damage the frigid temperatures and snow may bring. Taking charge now, before it is too late, may help you avoid a home insurance claim later. Winter home preparation guide By the time winter arrives, your home should be ready for whatever tricks Old Man Winter may have up his sleeve. There's nothing worse than having to deal with a leaky window, broken furnace or a burst pipe in the middle of winter. These eight tips and tricks will help prevent any unfortunate winter mishaps or water damage. For heat’s sake have your furnace professionally serviced. A routine maintenance check each autumn will help ensure your furnace is running properly and efficiently. Also, if you have an older thermostat, consider replacing it with a programmable one to save money on heating costs. Inspect all windows and doors for leaks. In order to prevent heat loss, make sure your windows and doors are properly sealed. Check the weather-stripping around windows and door frames, and replace where necessary. Also check for drafts and caulk both inside and out where necessary, to keep the heat in and the cold out. Sweep the chimney. Before you use your fireplace, make sure the chimney and vents are clean and in good condition by having your chimney looked at by a professional. This will help prevent chimney fires and carbon monoxide from building up and finding its way into your home. Clean out your gutters. It's important your eaves are free of any debris such as leaves, dirt and sticks. Clogged gutters prevent the draining of rain and melting snow which could result in household leaks. Also, make sure your downspouts extend away from your house by at least five feet to ensure that water runs away from your house and not towards it. Inspect the roof. While cleaning your eaves, inspect your roof for any missing, loose or damaged shingles. If your roof needs attention call a roofer to help you with the repairs or maintenance. Also ask them to look at the caulking around the chimney and air vents.   To learn more: https://www.insurancehotline.com/resources/8-ways-to-get-your-home-winter-ready/ ### [What's going on this weekend? October 28th-30th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-october-28th-30th)   Oct. 28th | Sarnia Sting Game | 7:05pm Come out this friday and cheer on your local OHL team the Sarnia Sting as they take on the Sudbury Wolves   Oct. 29th | Plympton-Wyoming Spooktacular Event Join us for a halloween-themed family-friendly event! From 4pm to 6pm, there will be food available and activities for the kids. Activities will include pumpkin decorating and more! Please bring your own pumpkin and we will provide limited free decorating supplies!At 6:30pm, we will be playing a family-friendly halloween-themed movie. Movie will be decided by you - stay tuned for a poll to vote in on this event page!And of course: be sure to come in costume!More information will be posted here. We hope to see you there!     Oct 29th | Almost Floating at Refined Fool | 8pm Doors at 8pm Almost Floating is five musicians. An eclectic mix of musics, instruments, influences, and sensitivities that entertain and inspire with an edge. The basics are not forgotten, melody, harmony, and rhythm frame lyric. Personal and universal.Political and spiritual. Sincere and a bit of tongue and cheek. Almost Floating is as much about the present, the future, as it is the past. Almost Floating is about expression and impression. Live the band is at it's best, just ask it's very diverse and enthusiastic audience. Better yet, become an audience member and you will become a fan.   Oct 29th | Black Gold Brewery's Halloween PartyDig out those costumes because there will be prizes and of course delicious craft beer.We will be turning our Taproom upside down with scary decorations so make sure you come by for a beer and take in all of the strange things.       ### [How to Choose the Best Down Payment](https://www.sarniaproperty.com/blog_read/how-to-choose-the-best-down-payment)     How much money should you put down as a down payment? Let's break it down for you and give you some tips on how to choose the right amount.       Down Payments in the  5%-20% Range. 5% is the minimum amount that you can put down on a home in Canada for your principal residence. It's also the amount that most people choose because it's the easiest to come up with.   But just because it's the minimum, it doesn't mean it's the best option. The downside of putting down any amount under 20% is that you'll have to pay mortgage default insurance. This is a premium is most often added to the mortgage loan.   This insurance protects the lender in case you can't make your payments, which could result in foreclosure and a loss for the lender. It will be a percentage of your home's value.   While it can add several thousand of dollars to your mortgage, many consider this a small price to pay in the grand scheme of things since this premium is spread out over the life of your mortgage.   Breaking into the housing market, build equity in your home and getting out of the world of renting is viewed as worthwhile by most people.     Down Payments Over 20% If you put down more than 20%, you may not have to pay for default insurance at all, which is a big upside. And if you're buying an income property your down payment has to be 20% or more anyway.   So, is a bigger down payment always better? Generally, speaking a bigger down payment will put you in a better position. You will have more equity, smaller mortgage payments, and you might be able have a less lengthy amortization, like 15 years instead of 25, depending on your down payment amount and circumstances.   However, there are some potential drawbacks to saving up for a larger down payment that you should be aware of before making your final decision.     Drawbacks Paying Over 20% The first potential drawback is opportunity costs. By putting as much as possible towards your down payment, you could be missing out on other opportunities by tying up all your money in your home upfront.   For example, you may miss out on filling up your TSFAs or RRSPs (or IRA or Roth IRA in the US) and investing those plans and gaining compound interest. Another thing thats important is having an an emergency fund in place, which can act as a cushion against job loss, unexpected costs like cars, damage to your home, or medical expenses.   And there could be potential to earn more money with investments than what you'd be paying in interest on your home.     What Should You Do? If you have the funds available and are comfortable doing so, putting down a larger down payment could help you save money on insurance premiums, interest on the principal, and pay off your mortgage faster. But make sure you're not sacrificing other important financial goals in the process, like saving for retirement or building an emergency fund.   If you opt for a lower down payment, that's fine as well. Most people who buy with a lower down payment end up being very happy with their decision. Being able to break into the housing market is a huge accomplishment. And the good thing is if you can afford to pay more than the minimum 5% down payment, you will still have to pay mortgage default insurance, but the closer to 20% down you are, like 10% or 15% down, you will proportially have less you pay for the premium.   Give us a call today and we'll be happy to help you figure out the best decision for your future. ### [What's going on this weekend? Nov 4th - Nov 6th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-nov-4th-nov-6th)     What's going on this weekend? November 4th - November 6th   Hospice Gala at DeGroots | Nov 5th SOLD OUT! We will be attending this annual event on November 5th! This event is well known in Sarnia, a night full of food, drinks, prizes, live auctions and fun! Proceeds going right back into the Hospice! We hope to see you there!   Christmas Bazaar & Vendor Market | Nov. 5th/6th Get a jump start at your Christmas shopping for all special folks on your gift list at the Christmas Bazaar & Vendor Market at the Navy Club at 1420 Lougar Ave in Sarnia.    A North Pole Christmas Market | November 5th A North Pole Christmas Market features over 50 of the areas best vendors, live musicians, $4 pizza by the slice , chance to win the 12 Draws of Christmas and so much more! Selfies With Santa from 11-2, sponsored by Lambton College. Entry through donations towards the Sarnia Kinsmen. One day only!   BORN RIOT at Refined Fool | at 8pm Nov 5th Hailing from Sarnia, Ontario, Born Riot is a four-piece powerhouse, bringing fans a raw, high energy rock show wherever they go. Born Riot, featuring lead vocalist Andrew Colborne, lead guitarist Braden Ruckle, drummer Tyler Smith, and bassist Mason Stewart just recently unleashed their debut self-titled EP, mixed by The Honest Heart Collective's Ryan McDonald in Thunder Bay, now available anywhere you can stream music. Come out, raise a glass, and join the Born Riot! ### [What's going on this weekend? Nov 11th - 13th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-nov-11th-13th)     What's going on this weekend? November 11th - November 13th   November 11th | FUSION at Degroots BACK IN PERSON! Lambton County Developmental Services (LCDS) is pleased to celebrate FUSION: Food, Wine & Craft Beer Show, presented by Pembina Pipeline Construction, with you!   This year we have tons of amazing celebrations planned to make it a celebration for the books. We are so excited to be able to share exciting news about live entertainment throughout the night on the main stage, giveaways, vendor spotlights and much more! We cannot wait to showcase the fabulous food and drink we have locally!   November 12th | The 49th Annual Show & Sale Considered the start of the Christmas shopping season, Show and Sale has been an annual event for almost 50 years. Over 125 vendors will be on hand at this years event. All proceeds go to support the work of Big Brothers Big Sisters in Sarnia-Lambton.   November 12th | Detroit Marching Band @ Refined Fool The Detroit Party Marching Band is devoted to unanticipated revelry, driving jams, and the power of the unamplified horn blast. Believing the essence of music to be celebration and joy, DPMB deploys without warning to celebrate life and community throughout their dear city of Detroit. Inspired by the street bands of New Orleans and Balkan acoustic brass, DPMB injects euphoric intensity and volume into everything from pop, indie rock, hip-hop, metal, Balkan folk, and techno, as well as a few originals. DPMB blurs the line between performance space and public space, bringing the Party to the audience with aggressive intimacy and an in-your-face attitude. DPMB has played nationally and internationally at festivals including HONK!, PRONK!, Cross-Linx, Laneway, and at Mardi Gras, but mostly prefers to crash your neighborhood bar for a short set and a beer.   November 12th | Party with a Purpose | Dante Club Round up your girlfriends! It is that time of year again. Charity Fashion Show for the Women’s Interval Home. Special tribute to Qamar Khan  There will be dinner, fashion show, vendors, door prizes, and much much more! Cost $60/person (Includes dinner) See flyer below for any additional information. For tickets please contactEvent Coordinator, Sara Chowdhery519-466-1832sarachowdhery@hotmail.com     ### [October 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/october-2022-housing-market-update-for-sarnia-lambton)       Active listings: 638   Sales Count October 2021: 148 sales October 2022: 125 sales   Sales Volume: October 2021: $77,400,000 October 2022: $57,000,000 Sales by Price Range: 2 sales: $0 - $200,000 56 sales: $200,000 - $400,000 43 sales: $400,000 - $600,000 22 sales: $600,000+   Average Sale Price: October 2021: $503,000 October 2022: $455,000 Average Number of Days to Sell: October 2021: 19 October 2022: 31 Months of Inventory: October 2022: 5 months of inventory   Individual Areas of Sarnia:   Sarnia North End: Active Listings: 85 35 sold 5 conditionally sold Average Sale Price: $582,000   Sarnia South End: Active Listings: 80 49 sold 7 conditionally sold Average Sale Price: $422,000   Bright’s Grove: Active Listings: 18 5 sold 1 conditionally sold Average Sale Price: $880,000   Forest: Active Listings: 8 3 sold 2 conditionally sold Average Sale Price: $395,000   Plympton-Wyoming: Active Listings: 35 6 sold 2 conditionally sold Average Sale Price: $687,000   Petrolia: Active Listings: 17 5 sold Average Sale Price: $533,000   Corunna: Active Listings: 20 4 sold Average Sale Price: $620,000   St. Clair Township (excluding Corunna): Active Listings: 15 6 sold 3 conditionally sold Average Sale Price: $447,000 ### [Capital Gains and Real Estate](https://www.sarniaproperty.com/blog_read/capital-gains-and-real-estate)   When you sell almost anything in Canada you're going to have to pay taxes on the sale. But selling a property you own comes with some unique benefits. We all know about the principal residence exemption, where you can sell your home tax free. But rental properties are capital assets, which have capital gains taxation when they're sold. Understanding how capital gains work might give you some more incentive to become a real estate investor.   Here is a simplified view of Capital Gains and Real Estate, presented to you solely for informational purposes.     What Are Capital Gains? Let's define what capital gains are with an example. If you sell a rental property for $500,000 that you purchased for $400,000, you have $100,000 in capital gains.   So, capital gains is the difference between the purchase price and the sale price. But here's the big benefit: Unlike most sales in Canada where you pay tax on the total price of whatever you sell, capital gains tax is only applied to 50% of the capital gains.   Adjusted Cost Base That's great in itself, but it gets better: We can tack on certain expenses onto the purchase price of the home, giving us the adjusted cost base.   So, the seller could take things like the cost of his legal fees, the cost of upgrades to the home *like if he built an addition or update to the home*, and commissions paid to the brokerage, and he can add these onto the purchase price.   If the costs for an addition, plus legal fees, plus commissions totalled $40,000, instead of $100,000 in capital gains, the adjusted cost base would reduce that number to $60,000 in capital gains. And since only 50% of capital gains are taxable, you would only be paying federal and provincial tax on $30,000 on the gain, since capital gains taxed as part of your income.   In Ontario, we have a progressive tax system. Income is taxed in different ranges and different rates, applied both provincially and federally. How much you pay end up paying in tax on your capital gains largely depends on your income with the capital gains added on.   Capital gains are actually the lowest taxed source of income in Canada, which is just one of the many reasons why real estate is such an awesome investment. ### [What's going on this weekend? November 18th -21st](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-november-18th-21st) November 18th | Disney's Beauty & The Beast | Imperial Based on the smash hit 1991 Disney animated feature and dating back to a late 18th-century classic French fairy tale, Beauty and the Beast tells the story of Belle, a beautiful and intelligent young woman who feels out of place in her provincial French village. When her father is imprisoned in a mysterious castle, Belle’s attempt to rescue him leads to her capture by the Beast, a grisly and fearsome monster, who was long ago trapped in his gruesome form by an enchantress. The only way for the Beast to become human once again is if he learns to love and be loved in return. There is a time limit, too: once a magical rose loses all of its petals, all hope will be lost and he will stay a Beast forever. The Beast’s enchanted household--populated by such beloved characters as Mrs. Potts, Lumiere, Cogsworth, and Chip--watch anxiously as Belle and the Beast grow to understand and befriend one another. Their feelings grow ever deeper as the clock ticks and petals continue to fall off the enchanted rose--will they confess their love for one another before it is too late? This is a Theatre Sarnia production - Directed and Choreographed by Jackie Burns. Musical Direction by Leslie Skolly. For ticket/more information: https://www.imperialtheatre.net/show/beauty-and-the-beast/    November 18th | Pathways Secret Santa Shoppe 2022 We are back and our elves couldn't be more excited! We can't wait to support children with their shopping experience!About this Event Every November, volunteers deck the halls at Pathways’ Murphy Rd location to transform the space into a festive holiday shop for all of the community’s children. For over 17 years now, the Secret Santa Shoppe has welcomed little shoppers with brand-new, pre-wrapped gifts for everyone on their holiday shopping lists, gifts that children can purchase for their loved ones without breaking piggy banks. Volunteers (Santa’s elf helpers) help the tiny bargain hunters around the winter wonderland and the children can express their spirit of giving in this safe, fun, accessible environment. This year, the Secret Santa Shoppe will be opening its doors on November 18, 19, 20, 22, 25, 26 and 27, 2022 by appointment only (10 shoppers per time slot). Please only register your shoppers, caregivers do not need to register for a spot. Each child will enjoy a 20 minute shopping experience with an elf helper, to choose the most special gifts for all on their list. The Sarnia Sting will be joining us on Nov 22, from 5:30pm-9:00pm and will assist some children with their shopping! Please know that not every child booked on Sting Night will have a Sting player as a helper but they will be on-site and happy to pose for photos. All staff and volunteers associated with Pathways Health Centre for Children are confirmed to be fully immunized against COVID-19 and safety measures are in place to protect the community as well as our volunteers. For more information: https://allevents.in/sarnia/pathways-secret-santa-shoppe-2022/10000450864025437   November 19th | DeGroot's Craft & Vendor Sale Saturday, November 19, 2022 8am – 4pm FREE ADMISSION Over 60 vendors including: wood crafts, paintings, photography, knitted items, honey and candles, stained glass, greeting cards, sewn items, jewellery, mittens, and lots more. For more information: https://degroots.ca/event/craft-sale/?instance_id=3356    November 19th | Cocktails & Candy Canes For a Cause Together with The Fresh Start Project Sarnia we invite you to enjoy and support Cocktails and Candy Canes for a Cause! Want to have a fun evening? Looking for an excuse to have a good time? All while giving back to our community for the holiday season? We got you! For more information: https://www.facebook.com/events/4813999035369133/  ### [What's going on this weekend? November 25th - 27th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-november-25th-27th) What's going on this weekend? November 26 | Pathways Secret Santa Shoppe 2022 Secret Santa 2022 has been announced!  For those new to our organization, every November, Pathways creates a festive holiday shop. For over 17 years now, the Secret Santa Shoppe has welcomed little shoppers with brand-new, pre-wrapped gifts for everyone on their holiday shopping lists. Volunteers (Santa’s helpers) help the tiny bargain hunters around the winter wonderland. We need your help! Santa’s helpers are in high demand so if you enjoy Christmas, you don’t want to miss being a part of this! Simply complete this form to inquire about volunteering https://www.pathwayscentre.org/contact/   November 26 | Celebration of Lights THIS SATURDAY, November 26th is the BIG DAY! We haven't been able to enjoy our Opening Ceremonies for 3 years but we're back and ready to put on an awesome event for your family! We have a Christmas Carol Concert with rockin' local band starting at 5 PM doing popular covers from artists like Mariah Carey, Pentatonix, Trans-Siberian Orchestra, Gwen Stefani, Glee and more! Santa, Mrs. Claus and other friends will be joining the band and the lights will get turned on at 6:15 PM with fireworks! We will have a photobooth with Santa, trinkets, horse wagon ridessponsored by RE/MAX sarnia realty inc, hot drinks from Blackwater Coffee & Cafe and sponsored by Imperial Oil, popcorn from Cogeco and more! There is no admission fee, so just come and enjoy! Kick off your Christmas Season with Sarnia's Marquee Christmas event! See you then! https://www.facebook.com/Sarnia-Lambton-Celebration-of-Lights-237848094967/   November 26 | Comedy Takeover at Refined Fool Come on out this weekend for Refined Fools Comedy Takeover! Learn more: https://www.refinedfool.com/pages/comedy    November 27 | Motown Soul | Imperial Theatre  Get Ready! Motown Soul is back and ready to hit the stage once again. Motown Soul is a live concert celebrating some of the biggest names in music such as Diana Ross and The Supremes, The Temptations, Jackie Wilson, Smokey Robinson, and soulful favourites such as Aretha Franklin and James Brown. With an outstanding cast of performers – The Tonettes and from Las Vegas Grady Harrell, this show delivers a powerful and soulful performance just the way it was back in the 60s. Accompanied by a live band, hear your favourites – Stop! In The Name of Love, You Can’t Hurry Love, My Girl, Higher and Higher, Natural Woman and many others. This timeless music will have you singing and dancing all night long. Learn more: https://www.imperialtheatre.net/show/motown-soul/   ### [5 Signs Your Home May Have Foundation Issues](https://www.sarniaproperty.com/blog_read/5-signs-your-home-may-have-foundation-issues) A strong foundation is essential to the overall stability and integrity of your home. Unfortunately, foundation problems are not always easy to spot. But there are some clear indicators of foundation issues which might prompt you to get it inspected.     Cracks in the Foundation. Signs of a foundation issue can be subtle, but they will slowly worsen if not addressed. That’s why it’s so important to be on the lookout for early warning signs of foundation trouble, like cracks for instance.   Cracks in your foundation walls might be the most obvious sign that there’s something wrong with your foundation. The big issue to look out for are horizontal cracks, which indicate that your foundation is shifting, often from hydrostatic pressure.   You’ll want to call a foundation specialist to come and assess the issue and determine the best repair solution. Horizontal cracks can lead to structural instability and significant water leakage.     Windows and Doors Start to Stick You might also have doors or windows that stick or won’t close properly. Doors and windows slide, tilt or swivel in their frames, and that movement means they are especially vulnerable to changes in the foundation.   If you feel some of your doors and windows feel harder to open and close, or notice gaps appearing around them, call a professional.   Baseboards and walls are no longer flush. Baseboards and walls that are no longer flush could be pointing to the same issue. Look for gaps or cracks where these meet. This is a sign that will almost always accompany another visible issue, so don't solely rely on this as a solid indication of foundation issues.   Brick and Mortar Cracks. Owners of brick homes may notice another sign of foundation issues, which are cracks in the mortar or bricks. A home settling after its initial construction can cause small and superficial vertical cracks to appear in the bricks, which is relatively normal, but keep an eye out for wide vertical cracks.   Floors aren't level. Finally, one of the most obvious signs of a problem foundation is when your floors are no longer level. If you find a slope in your floors, it could be from the soil beneath the foundation having shifted or it could indicate the foundation wasn't poured property.   Settling isn't always even, and this can cause one side to sink more, causing visible slope and distortion of the home's framing. Most of the time, these issues happen due to changes in moisture levels, and rapid ground freezing and thawing. ### [What's going on this weekend? December 2nd - 4th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-december-2nd-4th)   What's going on this weekend? December 2nd - 4th Christmas on the Farm | Friday December 2nd Join us for a free celebration of the holiday season with Christmas on the Farm. Old favourites are back alongside some new attractions to delight all ages including roasting chestnuts; horse and carriage rides; ice carving demonstrations; crafts; storytime with Mrs. Claus and more! Where: Canatara ParkWhen: Dec. 2, 5:30 to 9 p.m. and Dec. 3, 10 a.m. to 2 p.m.Who: Hosted by the City of Sarnia and the Seaway Kiwanis Club Learn more: https://www.sarnia.ca/play/city-signature-events/christmas-on-the-farm/    Chrismas Parade | Saturday December 3rd For 41 years, the Sarnia Kinsmen has hosted the Santa Claus Parade. This Year the Santa Claus Parade is back! The Santa Claus Parade will take Place Saturday, December 3, 2022 The Kinsmen have been hard at work finalizing all the details including coordinating with the local volunteers, businesses, industry, service groups, rest homes, churches, and schools to make this another unforgettable event. This year’s theme is “Christmas All Together” Every year thousands of residents and visitors line Christina Street to get a glimpse of this magical Parade which has become a yearly tradition for thousands of families. This event would not be possible without the community’s support and the dedication from all the volunteers. It is only with this support that the Kinsmen Club can continue to host this wonderful tradition. Learn more: http://sarniakinsmen.ca/santa-claus-parade/    Refined Fool Christmas Market | December 3rd Saturdays in the London Rd AND Sports taprooms are going to look a whole lot different in December!The first three Saturdays we will be hosting a variety of local artisans selling their beautiful creations.Plus....~Outdoor events~Kids activites~Hot chocolate & treats~Music/carolers~Surprise guests ?....and more!! Learn more: https://allevents.in/sarnia/refined-fool-christmas-market/200023426532537    Sarnia Sting vs Barrie Colts | Sunday December 4th   Come on out this sunday and cheer on your Sarnia Sting! Learn more: https://sarniasting.com/      ### [Open vs Closed Mortgage](https://www.sarniaproperty.com/blog_read/open-vs-closed-mortgage)   Most homeowners need a mortgage loan to be able to finance the purchase of a home. But did you know there are many types of mortgages? Today, we're going to give you a breakdown of two popular types. This is Open vs Closed Mortgages.     Open Mortgages Open mortgages offer more flexibility to the borrower and the freedom to make additional payments whenever you can. You can make prepayments, or even a full payment, at any time without penalty.   The type of buyers who would benefit most from an open mortgage are people who plan to pay off the loan early. They might be expecting their income to increase significantly in the future, or gain an inheritance.   By paying it off early, the buyer has the opportunity to save on the amount of interest they pay over the amortization period. But, the downside is that in comparison with a closed mortgage, the interest rate is going to be significantly higher. If you don't actually pay it off faster, you'll end up paying more in interest.   Closed Mortgages Closed mortgages come with specific payment terms that must be adhered to throughout the life of the mortgage, and your payment options are much more limited.   A big benefit of a closed mortgage is that the interest rate is lower than open mortgages. But if you want to make extra payments, make sure you know exactly what is privileged to you by the lender. When getting a closed mortgage, depending on your lender, you may be able to pay 10%, 15% or 20% of the original principal on your home each year.   If you have the cash you can take big chunks out of that principal every single year in addition to your regular mortgage payments.   What is Your Goal? There are many different mortgage options. So if paying your home off faster is your goal, you should carefully consider which type of mortgage is right for you. And if your goal is to pay your home off faster check out our videos on How to Pay Off Your Mortgage Early, and Mistakes to Avoid When Paying Your Home Off Early.   Great ways you can become mortgage-free faster.   ### [Real Estate Client vs Customer: What's the Difference](https://www.sarniaproperty.com/blog_read/real-estate-client-vs-customer-whats-the-difference)   When you choose to work with a realtor, you have options for what you want the relationship to look like. You can be either a client or a customer. But what is the difference?     Before you decide on your relationship with an agent, you'll sign a form called "Working with a Realtor" and then you have to choose whether you want to receive customer or client service. Let's look at what set's client and customer experiences apart.   Client We did a previous video on 6 ways we protect our clients' interests, which went over some specific ways we make our clients our top priority.     This video details some ways we work in our clients' favour.   In that video we talked about how, as your agent, we would represent you, fulfill our contractual agreement, follow your instructions, disclose key info to you while keeping your info confidential, and negotiate on your behalf.   For clients, we'll give you our professional advice and opinion, make suggestions, and put in significant time and effort to help your buy or sell. To put it simply, we have to put your needs above our own, and we're legally and ethically required to do so.   For client sellers and buyers, we are here to meet your best interests. If you're a seller client, you'll get all of the things mentioned above and much more.   If you're curious about what we provide our clients, check these links out:     10 Steps to Selling Your Home     10 Steps of the Home Buying Process     Our Marketing Works   Customer A customer is someone who purchases goods or services from a business. If a buyer wishes to work with multiple agents and doesn't want to be obligated to any one of them, they will select to be treated as a customer.   If you're a seller customer, you'll be given specific or a-la-carte services that have been agreed upon, like having us do a CMA to price your home, for example.   If you're a buyer, the process of home searching is left up to you. You form your own opinions and make your own choices with no help from an agent.   The salesperson of a customer can only present information but can't give advice or guidance for the customer. It's sort of like "here are the facts, you can do whatever you want with them."   Customers will be treated fairly and honestly, and provided with material facts about the property. But since clients are represented by agents, the interests of the clients have to put their interests above customers.   So, if a home showed up on the market that met the criteria of both a buyer client, and a buyer customer, the client would get inside the property first and receive preferential treatment. And if you are a buyer customer, any important info we receive from you would be disclosed to any of our client sellers.   In fact, since customers aren't represented, the salesperson isn't obligated to show the customer any home at all. The agent might just give them a home tour after any interested clients have passed on the home.   If you want the best service, being a client is definitely a smart choice. If you're thinking of working with a real estate agent at Blue Coast Realty, we'll go over this in more detail so don't sweat it. ### [November 2022 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/november-2022-housing-market-update-for-sarnia-lambton)   Active listings: 711 Sales Count: November 2021: 140 sales November 2022: 102 sales Sales Volume: 2021: $64,000,000 2022: $49,000,000 Sales by Price Range: 9 sales: $0 - $200,000 30 sales: $200,000 - $400,000 36 sales: $400,000 - $600,000 27 sales: $600,000+     Average sale price: November 2021: $460,000 November 2022: $482,000 Average Number of Days to Sell: November 2021: 23 November 2022: 37 Months of Inventory: November 2022: 7 months of inventory     Individual Breakdown of Sarnia-Lambton Active listing count is a current snapshot… the count will change.*     Sarnia North End: Active Listings: 72 31 sold - 4 conditionally sold Average Sale Price: $635,000     Sarnia South End: Active Listings: 72 34 sold - 6 conditionally sold Average Sale Price: $433,000     Bright’s Grove: Active Listings: 11 2 sold  - 4 conditionally sold Average Sale Price: $555,000     Forest: Active Listings: 16 1 sold - 1 conditionally sold Average Sale Price: $280,000     Plympton-Wyoming: Active Listings: 38 3 sold - 1 conditionally sold Average Sale Price: $637,000     Petrolia: Active Listings: 11 8 sold Average Sale Price: $480,000     Corunna: Active Listings: 17 4 sold - 1 conditionally sold Average Sale Price: $515,000     St. Clair Township: (excl. Corunna) Active Listings: 35 8 sold - 4 conditionally sold Average Sale Price: $509,000 ### [Colour of the Year 2023](https://www.sarniaproperty.com/blog_read/colour-of-the-year-2023) PANTONE'S COLOUR OF THE YEAR FOR 2023 IS: VIVA MAGENTA | 18-1750 What is Viva Magenta? Pantone’s Color of the Year, Viva Magenta 18-1750, vibrates with vim and vigor. It is a shade rooted in nature descending from the red family and expressive of a new signal of strength. Viva Magenta is brave and fearless, and a pulsating color whose exuberance promotes a joyous and optimistic celebration, writing a new narrative. This year’s Color of the Year is powerful and empowering. It is a new animated red that revels in pure joy, encouraging experimentation and self-expression without restraint, an electrifying, and a boundaryless shade that is manifesting as a stand-out statement. PANTONE 18-1750 Viva Magenta welcomes anyone and everyone with the same verve for life and rebellious spirit. It is a color that is audacious, full of wit and inclusive of all.   LEARN MORE: https://www.pantone.com/color-of-the-year-2023 ### [How to Apply for a Building Permit](https://www.sarniaproperty.com/blog_read/how-to-apply-for-a-building-permit)   We've talked before about some of the projects you might need to get a building permit for, construction, renovation, demolition, and more.   But how do you actually apply for a building permit and what does it look like once your project gets underway?   Today, we're looking at How to Apply for a Building Permit.     Application The first step is Application. Depending on the job, property owners or a contractor or designer can apply for building permits.   There are two places you can apply here in Ontario:   The first and most often used place to apply is through your local municipality, and the second is through the Ministry of Municipal Affairs and Housing's website.   Say you're planning to build a garage, you're going to submit any drawings, property survey or site plan, or other relevant documents to the municipality or to the Ministry and you can expect to pay some fees for processing.   Review The second step is where the municipality reviews all the info you've presented to them. They will be looking at important details like whether the project meets building code requirements with regards to mechanical and structural stability, zoning bylaws in the area, and other regulations.   Once your application is submitted, they consider many variables to help them decide whether to permit or refuse the application; and they'll have a 10 day timeframe to do so. If you've been approved, then you're onto step three, where you are given the building permit.   Building Permit This permit will include details such as the start and end date of the project, a list of the materials to be used, any inspection requirements and other information that was included in your initial application. Once you receive approval, you or your contractor can begin work according to the plans submitted with your permit application.   It is important that you adhere to all of the requirements listed on the building permit. It is also important to note that you must obtain all necessary permits and inspections before beginning work as multiple projects may require multiple permits. Failure to do so may result in delays or fines. And you'll need to remember that permits must be visible on site, because in the fourth step inspections get underway.   Inspections An inspector has to check the home out within 2 business days of being notified before work can proceed. Depending on the scale of the project, inspectors are going to stop by at different stages to make sure the work being done is following all the rules.   Final Note: Contractors will often look after the permit process, but you should always make sure you know who is responsible for what. If you will be completing any project yourself, gaining permission will be entirely your own responsibility.   And if you do any renovations that require a building permit but you haven't gone through these steps this could lead to issues or even legal action later on when you try to sell your home. Go by the book, get a permit and keep your permit and receipts on file. ### [The Benefits of Buying a Fixer-Upper](https://www.sarniaproperty.com/blog_read/the-benefits-of-buying-a-fixer-upper)   If you're considering buying a home in Canada, you might want to take a closer look at fixer-upper homes. Here are some reasons why investing in a fixer-upper property could be a smart choice.   Lower Price Tag One of the most significant benefits of a fixer-upper is the cost. These properties are often priced lower than move-in-ready homes, making them an attractive option for homebuyers on a budget. With the savings, you can put more money into renovations and updates, which can ultimately increase the value of the property.   Customization A fixer-upper gives you the opportunity to create a home that's uniquely yours. You can choose the materials, colours, and finishes that suit your style and preferences, creating a space that feels like a reflection of your personality. Plus, you can add features or amenities that might be lacking in other homes, like a home office or a walk-in closet.   Potential for Increased Equity Renovating a fixer-upper can also provide a great opportunity to build equity. By making strategic upgrades and repairs, you can increase the value of the property, potentially leading to a higher resale price in the future. And if you're planning on staying in the home long-term, you'll get to enjoy the added benefits of your upgrades for years to come.   Sense of Accomplishment There's something uniquely satisfying about taking a fixer-upper and turning it into a beautiful, functional space. From selecting finishes and fixtures to tackling big renovation projects, the process of fixing up a home can be incredibly rewarding. And once you're finished, you'll have a sense of pride and ownership over your home that you might not get from a move-in-ready property.   Desirable Location Finally, fixer-upper homes are often located in desirable neighbourhoods that might be out of reach for buyers looking for move-in-ready homes. By investing in a fixer-upper, you can get a foot in the door of a sought-after area, which could be a smart move if you're looking to build equity over time.   Considerations While there are plenty of benefits to buying a fixer-upper, it's important to approach the process with caution. Renovations can be time-consuming, costly, and stressful, so it's essential to have a plan in place before you make an offer on a property. It's also important to work with experienced contractors and professionals who can help guide you through the process and ensure that your renovations are done safely and effectively.   In Conclusion Buying a fixer-upper home can be a smart investment for Canadian homebuyers who are willing to put in the time and effort to make renovations. By approaching the process strategically and working with experienced professionals, you can create a home that's uniquely yours while building equity and potentially increasing the resale value of the property. ### [December 2022 & Full Year Housing Market Update](https://www.sarniaproperty.com/blog_read/december-2022-full-year-housing-market-update)   2022 as a Whole:   Sales: 1,566 Average sale price: $514,000 Average listing price: $560,000 Sales Volume: ≈$800,000,000 Average number of days to sell: 21     2022 by Quarter:   Quarter 1: Sales: 358 Average sale price: $530,000   Quarter 2: Sales: 474 sales Average sale price: $557,000   Quarter 3: Sales: 401 sales Average sale price: $492,000   Quarter 4: Sales: 323 sales Average sale price: $464,000   Sean's video breakdown & personal opinion on the housing market in 2023   December 2022   Active listings: December 2021: 338 December 2022: 622   Sales Count: December 2021: 140 sales December 2022: 102 sales Sales Volume: 2021: $64,000,000 2022: $49,000,000 Sales by Price Range: $0 - $200,000: 8 $200,000 - $400,000: 21 $400,000 - $600,000: 31 $600,000 - $1,000,000: 24 $1,000,000+: 1   Average sale price: December 2021: $475,000 December 2022: $486,000 Average Number of Days to Sell: December 2020/21: 24 December 2022: 41 Months of Inventory: December 2022: 7 months of inventory December 2021: 3 months of inventory      Breakdown by Area   Sarnia North End: Active Listings: 47 Sold: 18 Conditionally sold: 6  Average Sale Price: $595,000   Sarnia South End: Active Listings: 61 Sold: 31 Conditionally sold: 3 Average Sale Price: $463,000   Bright’s Grove: Active Listings: 8 Sold: 3 Average Sale Price: $1,012,000   Forest: Active Listings: 13 Sold: 3 Conditionally sold: 1 Average Sale Price: $527,000   Plympton-Wyoming: Active Listings: 31 Sold: 1 Conditionally sold: 2 Average Sale Price: $945,000   Petrolia: Active Listings: 8 Sold: 3 Average Sale Price: $648,000   Corunna: Active Listings: 6 Sold: 4 Conditionally sold: 1 Average Sale Price: $512,000   St. Clair Township: (excuding. Corunna) Active Listings: 15 Sold: 4 Conditionally sold: 2 Average Sale Price: $626,000 ### [What's going on this weekend? January 13th - 15th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-january-13th-15th) What's going on this weekend? Big Shiny Toons | January 13th | Imperial City Brew @ 7:30 Alright, SARNIA! We will se ya’ll Friday night. You know how much we love making the trip to your fine city, and we love popping in to Imperial City Brew House. Music starts at 7:30! https://www.facebook.com/BigShinyToons/    Build a Snowman Challenge | January 14th | Sarnia Library Build an indoor snowman using an interesting assortment of materials and your imagination! Suitable for ages 7-12.   Are you up for the challenge? Use your imagination and problem-solving skills to build an indoor snowman out of an interesting assortment of materials (provided).  Suitable for ages 7-12. Registration is recommended.   Lego Club - Wheel of Fortune | Petrolia | January 14th, 2023   Yoga & Vision Board Workshop | January 15th, 2023 We will begin with a slow flow yoga class with grounding and visualization mediation. This will be followed by vision board making. Supplies will be provided for the workshop, but you are more than welcome to bring your own materials too.Vision boards are powerful tools for creating the life that we desire, whether we seek small tweaks or major transformations. We can use vision boards to: Clarify our dreams & desires, Manifest our best life, and Guide us throughout the year.$35, includes fees, yoga, refreshments and all supplies.Come start the New Year with YOUR vision! https://allevents.in/sarnia/yoga-and-vision-board-workshop/200023843012513  ### [What's going on this weekend? January 20th - 22nd](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-january-20th-22nd) January 20th Sarnia Sting vs Erie Otters | PASA | 7:05pm Join the Sarnia Sting on this Friday at PASA more information: https://sarniasting.com/   January 21st | Point Brewing Co. | BREN | 8:00pm One man band BREN performs live music by layering drums, bass, guitar and vocal loops for a full and dynamic sound. Including original music & hits from the 1960's to 2020! Learn more: https://www.facebook.com/events/point-brewing-co/bren-live-at-point-brewing-co/1261422271105527/   January 21st | Tennis for Kids | St. Matthew's | 2:00pm  Tennis for Kids! Join us at St. Matthew's for kids tennis lessons! Learn more: https://thesarniajournal.ca/event/tennis-for-kids/2023-01-21/    January 22nd | Create & Sip | Imperial City | 1pm - 5pm Join us at Imperial City Brew House on January 22nd 1pm to 5pm for sips and paint festivities! No need to be artistically inclined! You will be guided step by step through the process of creating your very own Lantern Trio that you can boast to your friends and family about! Learn more: https://allevents.in/sarnia/create-and-sip-january-22/200023774379407 ### [Lot Shapes: Pros & Cons](https://www.sarniaproperty.com/blog_read/lot-shapes-pros-cons)   Lot shape is an important consideration when you're buying a home. It can affect everything from the amount of sunlight that your home gets, to your lifestyle to how easy it will be to sell in the future. Let's look at the Pros and Cons of some common Lot Shapes.     Corner Lots Corner lots tend to be larger than other lots, giving you more space for your home and yard. They are visible from two sides, which can be either a pro or a con. If you're someone who loves to maximize curb appeal then you'll have all the more space for landscaping, gardens, trees and flowers. On the other hand the reduced privacy and noise could be an issue for some.     Rectangular Lots Rectangular lots are the most common types of lots in subdivisions. Building fences is less expensive and keeping track of lot lines is easy with both rectangular and square lots. This shape is preferred by most because you'll get a decent amount of front yard and backyard, with the fairly centered. Longer backyards also tend to be easier to build additions on.     Square Lots Square lots are less common than rectangular or corner lots, and are easier to measure with their well-defined property boundaries. They require a bit less maintenance outdoors since the home on the lot take up more space. Square lots tend to be smaller land areas compared to other types of plots too.     Pie-Shaped Lots You'll find these typically at the end of cul-de-sacs or a sharp bend in a road. Pie shaped lots are similar to corner lots in that they're often larger than average. They have a distinct shape that can offer some unique benefits.   If you think about the shape of a pie, the tip would represent front side from the road, while the back crust would be the backyard. So, from the road, they have more privacy than most other lots. But as a result they might have less parking available.   Pie-shaped lots are great if you like minimal maintenance at the front of the home. And they're perfect if you love spending time in the backyard, as they have big backyards, and can often fit a deck, pool, shed with ample extra space to spare. If you love hosting, look out for pie-shaped lots!     Reverse Pie Shaped Reverse pie shaped lots have the same general concept as pie shaped lots, but with the shapes reversed. The tip of the pie is in the back, while the larger, more expansive side is in the front.   If you want an epic front yard to show off your landscaping skills, then this type would be great for you. Many people with this lot type will plant lots of trees, shrubs, flower bed, and will might build a big deck out front. Take note that the backyard is going to be comparatively small.     Wide-Shallow Lots Wide-shallow lots are typically rectangular but, like the name suggests, they are far wider than they are deep. You'll see these often with longer ranch-style homes. This can be great for people that don’t necessarily want a huge front or backyard.  This lets them enjoy seeing ornamental trees, flower beds, and beautiful landscaping through typically bigger windows in a ranch style home.     Irregular Lots Irregular lots are those that don’t fit any of the previous shapes. They could be a mix of squares, rectangle, and non-right angles. These are usually the hardest type of lot to build on but can offer some great opportunities for creative landscaping. People with vision and imagination love irregular lots because of their uniqueness, and opportunity for creativity.   ### [Mortgage Funding Options](https://www.sarniaproperty.com/blog_read/mortgage-funding-options)   Having several hundred thousand dollars on hand to purchase a home is pretty uncommon... Which is why most home buyers require financing to purchase a home.   But what are the options for buyers when it comes to funding their mortgage?   Let's look at Mortgage Funding Options.     Chartered Banks The big banks like RBC, TD, CIBC, and Scotiabank all offer mortgages. They're a go-to for many first-time home buyers because they're a household name and they offer a wide range of products, from variable-rate mortgages to fixed-rate mortgages and even special programs for first-time home buyers. The big banks may be able to offer lower interest rates than some other lenders. While they may be the most commonly used they aren't your only option.   Trust & Loan Companies These are companies like Equitable Bank and First National Financial. They're regulated by the federal government, which means they have to follow certain rules. They often have more flexible lending criteria than the big banks. So if you don't fit the typical mold of a borrower, they may be a good option.   Life Insurance Companies Some life insurance companies, like Manulife and Sun Life, offer mortgages. And they're often willing to work with people who don't have perfect credit.    Pension Funds Your pension fund may be willing to lend you money to buy a house under certain conditions. But you'll likely need a down payment of at least 20%. And the interest rate may be higher than what you'd get from a bank.   Credit Unions Credit Unions are organizations that give people with good credit an opportunity to borrow money. They work similarly, but they have less strict lending criteria than banks. Credit unions typically pride themselves on excellent customer service, so you can expect quality service.   Private Sources If you know somebody who has money to lend, they may be willing to give you a loan. This is usually in the form of friends, family or an acquaintance. But be prepared to pay a higher interest rate than you would with a bank or other traditional lender. ### [8 reasons why you should list in the winter!](https://www.sarniaproperty.com/blog_read/8-reasons-why-you-should-list-in-the-winter) 8 REASONS WHY YOU SHOULD LIST IN THE WINTER! While the traditional spring selling period may see the bulk of sales, there are plenty of reasons why winter can be a great time to sell property. Stock levels are at seasonal lows, meaning more competition between buyers, who despite the cold are still out in force and typically highly motivated. When added to the fact that some properties present better in the winter, and auctions and house moves are much easier in cooler temperatures, the arguments really do stack up for a sale at this time of year, as Belle Property agents explain in this blog. Buyers are active year round While there may be a school of thought that it is better to hold off selling until spring when there may be more buyers, in reality, buyers are active year-round. Stock levels fluctuate, not buyers. Just like vendors opt to sell as their circumstances dictate, buyers also typically base their decision on their savings and unique circumstances. So, if they are ready to buy, they won’t let the season hold them back. Ultimately, it’s less about selling at a particular time of year and more about presenting your property in order to appeal to the maximum level of buyers. More serious buyers Winter separates the browsers from the buyers. Who would trudge in and out of property inspections on a cold or wet Saturday if they weren’t committed to finding their next home? Winter reduces the amount of time spent dealing with buyers who are just getting a feel for the market or are not yet ready to purchase. Buyers in winter are usually highly motivated and likely to have all their financial ducks in a row— including being pre-approved for a mortgage—which also increases the likelihood of receiving serious offers on your property. Less stock and more competition There are generally less properties on the market in winter, compared to spring when the market can be flooded with stock giving buyers endless options. Less stock means less choice for buyers, which increases demand and competition for properties. This not only boosts the likelihood of a sale but also of securing the price you want. You might get a better price If you’ve priced and presented your home correctly, selling in winter can get you a higher price. With less properties to choose from, winter buyers can be less likely to negotiate the price down to avoid missing out. When there is more stock on the market, buyers are more likely to have a couple of properties they are interested in, potentially leading to more protracted price negotiations. Some houses show better Some homes come into their own in winter, exuding a cosiness that proves more inviting to buyers than at other times of year. Fireplaces or wood combustion stoves help buyers imagine gathering around them on a cold winter night, similarly, a hot tub can also be highly appealing at this time of year. If you have invested in your home’s energy efficiency to reduce winter heating bills, now is a good time to highlight this to buyers so they can see how they could reap the benefits of your investment. Professional services are less busy The many professionals in involved in property transactions, such as mortgage brokers, conveyancers, removalists, building and pest inspectors are typically less busy during the winter months. This makes it easier to get appointments and bookings and smooths the way for a seamless transaction and move. Some companies may also be more open to negotiating on price in order to secure business during the quieter season. More comfortable moves and auctions Ever moved house at the height of summer or on an unseasonably hot day? Or got sunburnt during a protracted and shade-less outdoor auction? Neither make for a pleasant experience. A winter sale avoids such sweat-drenched events, making for a more comfortable experience for all involved (your removalists in particular will thank you). Ideal time to upgrade or downsize If you are looking to upgrade or downsize from your current home, and if timing and circumstances permit, selling your home in winter frees you up ready to focus on securing your next property when more stock comes onto the market in spring. This helps avoid the pressure of managing the sale of your current property at the same time as trying to find and secure your next one. The best strategy to prepare for a winter sale is using a seasoned agent. Our agents know the ins and outs of selling property and can provide guidance and insight to help you capitalise on the current market, along with access to our network’s large national buyer database. Article from: https://www.belleproperty.com/8-reasons-to-sell-in-winter   ### [What's going on this weekend? January 27th - 29th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-january-27th-29th) What's going on this weekend?   January 27th 2023 | COFFEE TIME FRIDAYS This event is being held by the Cardiac Rehab from 10:30am - 11:30am Join us for coffee and conversation, event is free of charge! learn more: https://thesarniajournal.ca/event/coffee-time-2/2023-01-27/   Noelle's Gift 2023 Gala | January 28th 2023 | SOLD OUT EVENT   Kids Club Melted Snowman | Camlachie Create a play with melted snowmen in this fun ooblek-based program. Decorate a bag to store your creation in. Learn more: https://lclibrary.libnet.info/event/7429463    Tennis for Kids! | January 28th 2023  Tennis for Kids begins on January 14th! A 12 week Saturday morning indoor tennis lesson for children at St. Matthews school. $30 per 4 week session. Go to t4ksarnia.com for event details.     ### [Spring Cleaning Checklist!](https://www.sarniaproperty.com/blog_read/spring-cleaning-checklist)   Spring Cleaning can be a HUGE job if you're unsure on where to start...that's why it's always important to start with a checklist!   Get the most out of your spring cleaning by using our spring cleaning checklist. Tackle every room in your house – from bedrooms, bathrooms, kitchen to the living room. Every Room Wash Baseboards, door ceilings, window sills, doors, and walls. Vacuum and wash vents. Wash window treatments (drapes, etc.). Dust blinds. Wash Windows - inside and out Dust and shine overhead lights - replace burnt light bulbs. Dust and/or vacuum light fixtures and lamp shades. Kitchen Clean out pantry. Wash kitchen cabinets. Deep clean oven. Move fridge - vacuum and mop behind it. Vacuum coils on fridge. Deep clean fridge inside - wash outside. Living Room Dust and wash any and all mirrors, frames, and decorative items. Vacuum all upholstery. Vacuum all lamp shades. Dust furniture and fixtures. Wash all throw pillows and blankets (use steam). Dust and polish furniture. Vacuum and shampoo carpets - mop and wax if necessary. Bedroom Wash all bedding. Wash all bed and throw pillows. Flip Mattress - if using pillow top, rotate mattress. Purge anything stored under bed you don't want anymore. Home Change batteries in smoke and carbon monoxide detectors. Check all electronics, make sure they are plugged in, cords are untangled and everything is plugged into a surge protector. Check expiration date on fire extinguisher. Sweep front porch and back deck. Store all winter items, clothes, and decorations. Disinfect all computer keyboards and mouse - Use compressed air to remove crumbs, dust and other particulates. Use a dampened microfiber cloth and wipe the keys down. Use dry microfiber to remove any leftover moisture. Disinfectant wipes are okay to use as well. Bathroom Clean and disinfect tub and shower. Wash bathmats. Dust and replace decorative items. Wash and/or replace shower liners and shower curtains. Other Discard old and expired makeup. Clean your makeup holders Update all your house first aid kits. Toss expired medication while sorting other medication. Dry clean any necessary winter clothing or items. Store all winter items for next year. Donate any unused clothes items to Goodwill, The Salvation Army, or other local community organizations. Do you need more details to help you check those items off your list? We’ve got you covered. Cleaning Every Room Every room in the house has baseboards, yet they are often among the most overlooked areas of the home. However, when left uncleaned they can get pretty dirty and grimy. Learn how to clean your baseboards.You’ll want clean walls to match your clean baseboards as well. However, you need to keep in mind what type of paint is on the wall, as that, plus the quality, can affect how easily dirt will come off. Learn how to clean painted walls.Curtains and drapes can really make any room in your house pop. They can also collect dust and grime. A routine clean will spruce them up nice for spring. Learn how to clean window treatments.Don’t stop at the curtains and drapes though. Your blinds collect a lot of dust as well, along with pet fur and dander. Don’t be like others and forget to give your blinds some love and care. Learn the best way to clean blinds.While you’re at the window, you should go ahead and clean all the dirt and smudge marks off the glass. Then that area will really be looking good. Learn how to clean windows like a pro. Cleaning the Kitchen Shiny and clean cabinets can really make a kitchen look good. The oil slick that can build up on your cabinets is a combination of food smears, kitchen grease, lotion and oil. All-purpose cleaners aren’t often equal to the challenge. Learn how to clean kitchen cabinets.If you own a self-cleaning oven, there are some things you need to know before firing it up. Learn the facts about your self-cleaning oven.It may be spring now, but National Clean Out Your Refrigerator Day is in the fall, and we created a fridge cleaning guide in honor of it that can still be useful to you this spring. Download our Merry Maids Fridge Cleaning Guide. Cleaning the Living Room Not only are fabric sofas fashionable, but they can also be very cozy. However, spills are going to happen from time to time and dirt and dust can collect on it. That’s why you’re going to need to learn how to properly clean it. Learn how to clean your fabric sofa. Cleaning the Bedroom Can you answer when the last time was that you washed your bed sheets and pillowcases? If you had to think about it, then it’s probably been too long. These things should ideally be washed on a weekly basis. Learn how to wash your bed linens.Don’t just stop when you wash your bed sheets though. If you’re like many people, you probably don’t even think to clean your mattress and bed pad. However, it should be done at least a couple times a year. Learn how to clean your mattress.While you’re in the bedroom, take some time to organize your closet into a more effective and efficient manner. We have seven tips to help you do so. Learn how to organize and declutter your closet. Cleaning Your Home You most likely touch a lot of things throughout the day, gathering germs, grease and oils, and then immediately touch your phone screen or keyboard. Since electronics have such a fixed place in our lives, it’s important to keep them clean. Learn how to clean and disinfect your electronics.Though your entire home can become cluttered, there are certain areas where clutter can be more prevalent. The first step to keeping your home tidy throughout the year is identifying those areas. You can use your spring cleaning time to do that and then declutter. Learn the top five most cluttered places in your home.If you have a home office, you know how important staying organized is for maximum productivity. Spend less time stressing and searching for documents by following these tips. Learn how to organize your home office.If you’re a pet owner, then you know how difficult your pet can be to pick up after, especially when dealing with its hair. We have four tips to help you prepare for and pick up your dog’s messes. Learn how to clean up pet hair. Cleaning the Bathroom After a long day of work or taking care of the kids, there are not many things better than a relaxing bath or shower. However, if the shower is dirty, then you can kiss that relaxation goodbye. Make it a routine to clean your shower properly so that when it’s time to relax, you can do just that. Learn some shower cleaning tips.When you’re cleaning your shower, don’t forget about the shower curtains. If you’re like many people, you’re probably not washing them often enough. You may not even be aware that it’s possible to clean your plastic shower curtains, rather you just replace them when they get dirty. Learn how to wash your shower curtains.It’s a safe bet that cleaning the toilet isn’t one of your favorite ways to spend your time. However, someone has to do it. We’ve compiled a list of toilet-cleaning basics to help you tackle the job. Learn the basics for cleaning your toilet. Other Cleaning Tips When you’re cleaning, it’s important to use the proper cleaning solutions. It’s even more important to know that these cleaning solutions consist of chemicals and some combinations can be extremely hazardous to your health. Learn about cleaning products that don’t go together.Smelly houses are bound to happen from time to time, even for the cleanest of homeowners. Air fresheners and candles can do a good job masking the smell temporarily, but you still need to treat the source of the smell. Learn how to deodorize your home.   Article from: https://www.merrymaids.com/cleaning-tips/seasonal-cleaning/spring-cleaning-checklist/  ### [January 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/january-2023-housing-market-update-for-sarnia-lambton)     Active listings: January 2022: 352 January 2023: 617   Sales Count: January 2022: 81 sales January 2023: 102 sales   Sales Volume: January 2022: $38.5 million January 2023: $39.5 million   Sales by Price Range: $0 - $200,000: 23 $200,000 - $400,000: 29 $400,000 - $600,000: 29 $600,000 - $1,000,000: 21 $1,000,000+: 0   Average sale price: January 2022: $476,000 January 2023: $387,000   Average Number of Days to Sell: January 2022: 19 January 2023: 38   Months of Inventory: January 2022: 4 months of inventory January 2023: 6 months of inventory     Breakdown by Area   Sarnia North End: Active Listings: 41 Sold: 24 Conditionally sold: 10 Average Sale Price: $530,000   Sarnia South End: Active Listings: 60 Sold: 29 Conditionally sold: 9 Average Sale Price: $380,000   Bright’s Grove: Active Listings: 7 Sold: 2 Conditionally sold: 1 Average Sale Price: $660,000   Forest: Active Listings: 12 Sold: 6 Average Sale Price: $600,000   Plympton-Wyoming: Active Listings: 34 Sold: 5 Conditionally sold: 1 Average Sale Price: $635,000   Petrolia: Active Listings: 10 Sold: 1 Average Sale Price: $450,000   Corunna: Active Listings: 12 Sold: 5 Conditionally sold: 2 Average Sale Price: $530,000   St. Clair Township: (excluding Corunna) Active Listings: 27 Sold: 5 Conditionally sold: 2 Average Sale Price: $530,000 ### [What's going on this weekend? Feb 3rd - 5th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-feb-3rd-5th) What's going on this weekend? Feb 3rd - 5th Gallery In The Grove An engaging exhibition by two local painters – Dave Rapaich and John Iacobelli continues at Gallery in the Grove until February 18th. Dave’s images are usually large, brilliantly colored, and spontaneous. John describes his work as “A View from Here” – local scenes thoughtfully reduced to an aesthetic simplicity. Gallery hours are Tuesday & Wednesday 2pm-5pm, Thursday 2pm-7:30pm, Friday & Saturday 11am-2pm. Gallery in the Grove is a non-profit art gallery in Bright’s Grove supporting youth education in Sarnia-Lambton. For more info visit www.galleryinthegrove.com or call 519-869-4643. Learn more: https://thesarniajournal.ca/event/john-iacobelli-and-dave-rapaich-exhibit-at-gallery-in-the-grove/2023-02-04/    Sarnia Sting vs Soo Greyhounds | Feb 4th Come on out this saturday to cheer on your local sarnia sting as they face the visiting soo greyhounds! Tickets: https://sarniasting.com/   The Tea Party | Imperial Theatre 8:00pm The Tea Party is a Canadian Rock band with industrial rock, blues, progressive rock and Middle Eastern music influences, dubbed "Moroccan Roll" by the media. Active throughout the 1990s and up until 2005, the band re-formed in 2011. The Tea Party released eight albums on EMI Music Canada, selling over three million records worldwide. Learn more: https://www.imperialtheatre.net/shows/  ### [Home Inspections Explained](https://www.sarniaproperty.com/blog_read/home-inspections-explained)   Home inspections can be a crucial aspect of buying a home, as they provide a comprehensive examination of the property to determine its overall condition. In this article, we will explore what home inspections are, what they cover, why you should consider getting one, and the cost involved in getting one done.     What is a Home Inspection? A home inspection is a thorough examination of a property performed by a trained and certified professional. The inspector examines the property's structure, systems, and components to identify any defects or problems. The objective of the inspection is to give buyers a clear understanding of the condition of the home, so they can make an informed decision about whether to purchase the property. It is important to note that home inspections do not guarantee anything and do not have a pass or fail criterion.   Where Do Home Inspectors Look? Home inspectors will look at various aspects of the property, both inside and outside. The inspector will examine the driveway, porch, front door, windows, air conditioning unit, siding, roof, walls, ceilings, floors, electrical systems, plumbing, attic, crawl spaces, visible insulation, basement, and foundation, among other things. Throughout the examination, the inspector will document the condition of all structural and safety components.   When Do Home Inspections Happen? Home inspections are typically performed after an offer has been presented but before an offer has been accepted. The buyer will typically request a home inspection as a condition of the purchase agreement. This gives the buyer the opportunity to back out of the purchase if they uncover any major problems with the property.   Why Else Might You Need a Home Inspection? Home inspections are not just for those buying a home. They can also be performed for insurance purposes, to assess damage after a natural disaster, or for general maintenance. If you live in an older home and are unsure of the condition of your electrical systems, a home inspection can provide peace of mind.   How Much Does a Home Inspection Cost in Ontario? The cost of a home inspection in Ontario varies based on the size and type of property, but typically ranges from $300 to $500.   Home inspections can be a valuable tool for buyers, sellers, and homeowners. They provide a comprehensive examination of the property, allowing you to make an informed decision about its condition and to address any problems before they become bigger issues. Consider getting a home inspection before buying a home, as it can save you time, money, and stress in the long run. ### [The Perks of Life on Ontario's Blue Coast](https://www.sarniaproperty.com/blog_read/the-perks-of-life-on-ontarios-blue-coast)   The Perks of Life on Ontario's Blue Coast Located in Sarnia-Lambton, Ontario, the Blue Coast is a place that offers plenty of reasons to love it. From its beautiful coastline to its thriving arts scene, there's something for everyone here.   Beautiful Beaches Ontario's Blue Coast is home to two of Canada's 26 blue flag beaches: Canatara Park and Grand Bend Beach. This means you can enjoy high-quality, clean, and accessible water.   Arts and Culture Music, theatre, and art lovers will feel right at home on the Blue Coast. With the International Symphony Orchestra and the Lambton Concert Band, there's always something musical to enjoy. The Imperial Theater, Victoria Playhouse, and Huron County Playhouse offer local stage productions, while the Lawrence House Centre for the Arts, the Judith and Norman Alix Art Gallery, and Gallery showcase local and world-renowned artwork. And, if you love movies, you can choose from Sarnia's Cineplex Theatre, the Forest Kiwanis Kineto Theatre, or the Grand Bend Starlite Drive-In Theatre.   Local Festivals and Foods Sarnia-Lambton is also home to a variety of festivals and fairs, including Art Walk Sarnia Lambton, Celebration of Life's Lights, and fairs in Petrolia, Enniskillen, Plympton-Wyoming, Forest, Brooke-Alvinston-Watford, and Brigden. The booming microbrewery industry offers plenty of great restaurants, including Big Family, Imperial City, Refined Fool, Tin Fiddler, River Run, The Point Brewing Company, Stonepicker, and Black Gold. There are also wineries and cideries like Alton Estates, Twin Pines, and Shale Ridge.   Exploring Local History and Community If you're interested in learning about the local history and community impact, you can visit any of the Sarnia-Lambton's museums, such as the Lambton Heritage Museum, the Oil Museum of Canada, the Arkona Alliance Museum, Forest Lambton Museum, the Moore Museum, Petroleum Discovery, the Sombra Museum, Stones 'n Bones Museum, or the Lambton County archives.   Links: Blue Flag Beaches in Canada: https://blueflag.ca/beaches/ International Symphony Orchestra: https://www.theiso.org/ Lambton Concert Band: https://www.lambtonconcertband.ca/ Imperial Theater: https://imperialtheatre.net/ Victoria Playhouse: https://www.thevpt.ca/ Huron County Playhouse: https://huroncountyplayhouse.com/ Lawrence House Centre for the Arts: https://www.lawrencehouse.ca/ Judith and Norman Alix Art Gallery: https://www.jnaag.ca/ Gallery: https://www.thegallery.ca/ Cineplex Theatre: https://www.cineplex.com/Theatre/sarnia-cineplex-cinemas Forest Kiwanis Kineto Theatre: https://www.forestkinetotheatre.com/ Grand Bend Starlite Drive-In Theatre: http://www.starlitedriveintheatre.com ### [How to Make Your Home Energy Efficient](https://www.sarniaproperty.com/blog_read/how-to-make-your-home-energy-efficient) Improving the energy efficiency of your home doesn't have to be expensive or time-consuming. By making a few simple changes to your habits and completing some DIY projects, you can create a more comfortable home and save money on your energy bills.     1. Install low-flow showerheads and faucets to reduce water usage. This simple change can cut your water consumption by up to 60%. 2. Replace incandescent light bulbs with energy-efficient LED or CFL bulbs. These use significantly less energy than traditional bulbs. 3. Invest in energy-efficient appliances. High-efficiency washing machines use 80% less water and can save you 65% of the energy. Energy Star certified furnaces can cut your fuel bill in half. If you can't afford new appliances or HVAC, make sure to keep your current ones efficient through regular maintenance, cleaning, and filter changes. 4. Seal ductwork to prevent hot air from escaping through cracks and holes. Apply heating-vent tape to all joints. 5. Stop window and door drafts by sealing with caulking or weatherstripping along frames. Update windows and doors if needed. 6. Use ceiling fans to cool bedrooms at night. In the colder months, switch to reverse to mix warm air down into the room. 7. Run large appliances in the evening or on weekends if you have time-of-use rates to save money. Consider using a clothesline instead of a dryer, which uses 6% of a home's energy. 8. Clean large appliances regularly to prevent dust from clogging the motors and using more energy. Vacuum the vent at the back of the refrigerator and clothes dryer exhaust a couple of times a year. 9. Insulate your attic and add more if necessary to reduce thermal transfer of air. Insulation prevents cool air from entering your home and warm air from escaping. 10. Use a smart thermostat to adjust the temperature of your home remotely, so you don't waste energy on empty rooms.   By following these tips, you can make your home more energy efficient and save money on your energy bills. ### [Variable-Rate vs Fixed-Rate Mortgages](https://www.sarniaproperty.com/blog_read/variable-rate-vs-fixed-rate-mortgages)   When it comes to buying a home, one of the most important decisions you'll have to make is choosing between a fixed-rate mortgage (FRM) or a variable-rate mortgage (VRM). Understanding the differences between these two types of mortgages can help you make an informed decision that suits your financial situation and goals.     Fixed-Rate Mortgage In Canada, a fixed-rate mortgage is a popular choice for many homebuyers due to its stable and consistent monthly payments. With an FRM, your interest rate remains fixed for the duration of your loan term, meaning your monthly payment remains the same regardless of fluctuations in the market.   FRM: Predictability This predictability is advantageous for homeowners who want to budget and plan their expenses without worrying about changes in their mortgage payment. This stability can also help protect you from interest rate hikes, which could cause your monthly payment to increase significantly.   Variable-Rate Mortgage On the other hand, variable-rate mortgages come with a variable interest rate, which can fluctuate based on market conditions. This means your monthly payments could change throughout your loan term. While VRMs often come with a lower interest rate than FRMs, this can also mean that monthly payments can increase substantially if interest rates rise.   VRM: Unpredictability The unpredictability of VRMs can make budgeting and planning more challenging. However, they can be advantageous for those who want to take advantage of potentially lower interest rates and are willing to accept the risk of fluctuating monthly payments.   VRM: Example For example, if you plan on selling your home in the near future, a VRM could offer potential savings without exposing you to significant risk if you're not planning to hold onto the mortgage for the long term. Additionally, if you have the financial flexibility to handle a higher monthly payment if interest rates rise, a VRM could save you money over the life of the loan.   FRM: Example Conversely, if you're looking for stability and predictability, an FRM may be the better option. This is especially true if you're on a tight budget and need to plan and budget carefully. An FRM provides peace of mind knowing that your monthly payments will remain the same throughout your loan term.   Conclusion In conclusion, choosing between an FRM and a VRM requires careful consideration of your financial situation, goals, and risk tolerance. While both types of mortgages have their advantages and disadvantages, choosing the one that best suits your needs can help you achieve your dream of owning a home. ### [What's going on this weekend? Feb 10th - 12th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-feb-10th-12th)   Feb 10th | Zachary Lucky wsg Brothers Wilde | Rüstr Music Hall ZACHARY LUCKY:Award-nominated songwriter Zachary Lucky is an unapologetically old-school country, armed with a husky, baritone voice - He carries himself like a younger Richard Buckner or a heartier Doug Paisley and often receives comparisons to songwriters such as Gordon Lightfoot and Kris Kristofferson. He sings of Canadian places and people as knowingly as he might Townes Van Zandt or the Rio Grande. It's a relatable show on many levels and conjures universal feelings that have passed through our collective timelines. Already hailed as a master storyteller by outlets ranging from No Depression to The Globe and Mail, Zachary returns this fall with a new collection of traditional folk and country songs called “Songs For Hard Times”. Out November 2021.Brothers Wilde:Turn the lights on, fire up the crowd...With a vision and a song, brothers Nolan and Ethan Wilde are set out to make their mark in the music industry. Growing up in Kettle & Stony Point first nation, Nolan and Ethan were raised on being humble, working for what they got, and a wide variety of good music. Playing a unique style of country-fried roots rock for the past 4 years, the brothers have already found their calling after winning the 2019 NACMAI Country Duo of the Year in Pigeon Forge, Tennessee. In 2022 the brothers were nominated for the 2022 Forest City London World Music Group of the year. Playing prestigious shows and festivals such as the 2021 CCMA Awards Launch Party, Bluewater Borderfest, Westfest, Tkaronto Music Festival, and the Summer Solstice Indigenous Festival, the boys share their original songs such as Roots, Good Day, Waiting for you, and many more that best describe who they are and where they come from. Learn more:  https://allevents.in/mobile/amp-event.php?event_id=200023774386005    Feb 11th | Valentine Dinner Dance | Royal Canadian Legion (Downtown Sarnia) Branch 62 Ladies Auxiliary hosting a Valentine Dinner DanceRoast Beef Buffett $25/personEntertainment provide by Borderlight5:00 p.m. Bar opens6:00 p.m. Buffet7:30 p.m.- 10:30 p.m. Music and dancingTICKETS AVAILABLE AT THE BAR Learn more: https://allevents.in/mobile/amp-event.php?event_id=200023774381534    Feb 11th | Meat Raffle | Hosted by both: Corunna and Petrolia Legion  Petrolia Legion hosts a Meat Raffle every Saturday at 2 p.m. Everyone welcome! & Begins at 4pm Come on out and meet old friends and new Proceeds to various area Charities All Welcome! Wheelchair Accessible Learn more: https://thesarniajournal.ca/calendar/2023-02-11/?shortcode=76d4496d    Feb 12th | Love is in the Air | Vendor Show | Petrolia "Love is in the Air" and we have the perfect products and services for your special Valentines gifts! Everything for him or her, available at your fingertips!From sweets to spices, naughty to nice, theres something for every couple!Additionally we will be giving away different couples packages as prizes! Learn more: https://allevents.in/wallaceburg/love-is-in-the-air-vendor-show/200023781252820  ### [What's going on this weekend? February 17th - 20th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-february-17th-20th)   Feb 17 | Tom Wilson | Refined Fool Brewing Co. | 8pm Tom Wilson is a Canadian music legend, famed storyteller and visual artist. Wilson’s memoir, Beautiful Scars published by Penguin/Random House has become a national bestseller. In his memoir, Wilson reveals the impact of discovering his indigenous heritage. Musically, Wilson is best known for his work with Blackie & The Rodeo Kings and Lee Harvey Osmond, the latter receiving a 2020 Juno Award for the album "Mohawk" Learn more: https://www.eventbrite.ca/e/tom-wilson-at-refined-fool-brewing-co-tickets-490835069907    Feb 18 | M**der Mystery | Point Ed. Community Hall Sarnia Sturgeon Football Club proudly presents: "M**der In The Klondike"Performed by Gumshoe Mysteries   Come join us for a fun night of interactive M**der mystery.   February 18, 2023 Cocktails: 18:30 Show: 19:00 Point Edward Community Center $ 50.00 per person Tables of 8 can be reserved for $400. Don your Western/Cow-person wear Cash Bar Silent Auction Light Luncheon to follow show Learn more: https://allevents.in/point%20edward/mder-mystery-fundraiser-for-sarnia-sturgeon-football-club/10000508028124797    Feb 19 | Petrolia Legion Branch 216 Breakfast Petrolia Legion Branch 216 Breakfasts Petrolia Legion 4129 Glenview Rd, Petrolia Monthly (3rd Sunday) Breakfasts $12 Learn more: https://thesarniajournal.ca/calendar/2023-02-19/?shortcode=76d4496d    Feb 20 | Family Day Game | Sting vs Firebirds Come on out this Monday and cheer on your sarnia sting as they face off against the flint firebirds in the annual family day game! learn more: sarniasting.ca    ### [What's going on this weekend? February 24th - 26th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-february-24th-26th) What's going on this weekend? Feb. 24th - 26th Comedy for a Cause | February 24th Horace HB Sanders: Hilariously Funny with the uncanny improv ability to craft each show into a unique, one-of -a-kind event. Horace makes you comfortable and excited at the same time. He shifts from rapid fire to slow motion in a snap as he reads the room knowing exactly what will make them roll with laughter. Horace has rocked clubs, concerts, churches or corporate events with the same class, charm and hilarity. Few comedians can make three generations laugh together about the same thing without offending anyone. Horace is Hilarious, Original and Clean...he is also the CBS Star Search Comedy Champion with perfect scores from the judges and home viewers. You can’t lose with this choice for your event. Little White Lies: We’d be lying if we said that this duo wasn’t everything you’ve been looking for! Katie and Sara compliment each other in every possible way musically and it’s a band you won’t want to miss! Learn more: https://www.ticketscene.ca/events/43558/    Almost Floating | February 24th Almost Floating are five musicians. An eclectic mix of musics, instruments, influences, and sensitivities that entertain and inspire with an edge. The basics are not forgotten, melody, harmony, and rhythm frame lyric. Personal and universal.Political and spiritual. Sincere and a bit of tongue and cheek. Almost Floating is as much about the present, the future, as it is the past. Almost Floating is about expression and impression. Live the band is at it's best, just ask it's very diverse and enthusiastic audience. Better yet, become an audience member and you will become a fan. Learn more: https://www.eventbrite.ca/e/almost-floating-at-refined-fool-brewing-co-tickets-515093026107    Saturday Story Time | February 25th Explore language rich stories with your child to expand their vocabulary, phonological awareness and numeracy skills at this 30 minute Saturday storytime. A staff member will read stories, sing songs and lead activities to build attention span and help foster a love of reading for children ages 3 to 5. Learn more: https://lclibrary.libnet.info/event/7269531    Sarnia Sting vs North Bay | February 26th Come on out to cheer on your local Sarnia Sting as they face off against North Bay Battalion! Learn more: https://www.rateyourseats.com/mobile/tickets/events/north-bay-battalion-at-sarnia-sting-february-26-2023-4162202     ### [The Mortgage Process](https://www.sarniaproperty.com/blog_read/the-mortgage-process)   The mortgage process involves several steps, which can generally be divided into the following stages:     1. Pre-approval Before home buyers begin the process of shopping for a home, they should obtain a pre-approval from a lender. This typically involves submitting a loan application and providing some documentation of the borrower's financial situation, such as proof of income, credit score, and assets. After reviewing this information, the lender will give the borrower an estimate of how much money they would be able to borrow, which can help guide their home search.   2. Home shopping Once pre-approved, home buyers can begin looking for a property to purchase. This might involve working with a real estate agent, scouring listings online, and visiting open houses.   3. Mortgage loan application Once a home is found, the buyer will typically make an offer to purchase the property. If that offer is accepted, the buyer will then submit a formal mortgage loan application. This will include additional documentation, such as proof of income, employment, and the purchase contract for the home.   4. Loan processing After the loan application is submitted, the lender will process it and review the documentation. This step can take several weeks and may involve an appraisal of the property to ensure it is worth what the buyer is paying.   5. Underwriting After the loan application is processed, the lender will conduct an underwriting review to determine if the loan meets the lender's guidelines. They may ask for additional information or documentation, and will consider factors such as the borrower's creditworthiness, income, and the property's value.   6. Closing Once the loan has been approved and any conditions have been met, the loan can close. During the closing process, the buyer will typically pay closing costs, which can include things like origination fees, title insurance, and appraisal fees. The lender will then disburse the loan funds and the buyer will become the homeowner.   Now that you understand the mortgage process, you will be better equipped to apply for a mortgage loan. ### [Portable Mortgages](https://www.sarniaproperty.com/blog_read/03-09-2023-portable-mortgages)   What is a Portable Mortgage? A portable mortgage is a unique type of mortgage that can offer several benefits to homebuyers, particularly those who may need to move or sell their home in the future.   With a portable mortgage, you can transfer your existing mortgage from your current property to your new property, without having to pay a penalty for breaking your mortgage contract. This can be a significant advantage for those who are planning to move or upgrade their home in the near future.   Check out Melissa Bennett's video on Portable Mortgages   Flexibility One of the main benefits of a portable mortgage is the flexibility it offers. By keeping your existing mortgage terms and interest rate when you move, you can avoid the need to renegotiate or reapply for a new mortgage. This can provide peace of mind and help you manage your finances more effectively, particularly if you are uncertain about your future housing needs.   Cost savings Another significant advantage of a portable mortgage is the cost savings it can provide. By avoiding the penalty fees and charges associated with breaking your mortgage contract, you can potentially save thousands of dollars. This can make a significant difference in your overall financial situation, particularly if you are on a tight budget or have other expenses to manage.   Simplified process The process of transferring your mortgage to a new property is usually simpler and quicker than applying for a new mortgage. Since you already have an existing mortgage, you can often complete the process with minimal paperwork and hassle. This can be a significant advantage for busy homebuyers who don't have the time or energy to navigate the complexities of a new mortgage application.   Potential to negotiate better terms Finally, having a portable mortgage can provide you with negotiating power when you are in the market for a new property. By having an existing mortgage that you can transfer to a competitor, you can potentially negotiate better terms on your new mortgage. This can help you save money and get more favorable terms, which can be a significant advantage when you are trying to buy a new home.   Overall, a portable mortgage can be an excellent option for homebuyers who want flexibility, cost savings, and simplified processes when they move to a new home. If you are considering buying a new property in the near future, it's worth exploring the benefits of a portable mortgage and whether it could be the right choice for you. ### [What Happens on Closing Day](https://www.sarniaproperty.com/blog_read/what-happens-on-closing-day)   Closing day is the moment you've been waiting for when buying a home in Canada, but it can also be a stressful time with many important details to take care of. In this blog post, we'll guide you through what to expect on closing day and share tips for ensuring a smooth and successful home buying experience. Here are 5 Things That Must Happen on Closing Day.     Closing Documents First, you will need to meet with your lawyer. All closing documents should be reviewed and signed by the lawyer in order for the transaction to be complete. This may happen a few days before the actual closing date. This ensures that everything goes smoothly and that there are no delays in closing.   Funds to Close After signing all paperwork, you as the buyer will need to provide any funds that are required to close on the property. This could be remaining down payment costs or simply lawyer fees. After making these necessary payments, you will receive the keys to your new home. This is an exciting moment – take it all in!   Completing the Purchase Once all the funds have been accounted for and the paperwork has been signed (as well as the mortgage loan has been received, recorded by the lender and is in good standing) your notary/lawyer will register the purchase with the Land Office. The seller will receive payment for their home and you are now officially listed as the owner of the home, congratulations!     Contact Info Make sure to update your contact information with important institutions such as your bank, credit card companies, and other organizations. This will ensure that all of your mail is sent to the right place and nothing gets lost in transition. It may also be wise to set up mail forwarding for anything that you may have missed or forgotten about!   Celebrate Lastly, remember to take some time to celebrate the closing of your house! Toasting a glass of champagne or having a small get-together with friends and family are great ways to mark this milestone. Enjoy your new home!   There's a chance you might want to dismiss this last point, but celebrating the purchase of a new home is important for several reasons:   Firstly, it marks a significant milestone in your life and serves as a symbol of your hard work and achievements. Buying a home is often one of the most significant investments a person will make in their lifetime, and celebrating this accomplishment can provide a sense of pride and accomplishment.   Secondly, celebrating the purchase of a new home can help to establish a sense of belonging and community. Moving to a new home can be an exciting yet daunting experience, and celebrating this occasion with friends and family can help to create a sense of community and support.   Finally, celebrating the purchase of a new home is a way to acknowledge the importance of home and the role it plays in our lives. A home is a place where we create memories, build relationships, and establish a sense of identity. Celebrating the purchase of a new home is a way to recognize the importance of this space in our lives and the value it holds for us.   At the end of the day, closing on a house is an exciting milestone in life. Make sure to be prepared and organized so it goes as smoothly as possible! ### [February 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/february-2023-housing-market-update-for-sarnia-lambton)     Sales: 102 (-16.4% vs Feb. 2022) Dollar Volume: $49,683,081 (-30.9% vs Feb. 2022) New Listings: 185 (-39.1% vs Feb. 2022) Active Listings: 290 (+325.5% vs Feb. 2022) Average Price: $487,089 (-17.3% vs Feb. 2022) Sale to List Price Ratio: 96.7 (117 in Feb. 2022)     Breakdown by Area:   Sarnia North End: Active Listings: 40 Sold: 19 Conditionally Sold: 5 Average Sale Price: $485,000   Sarnia South End: Active Listings: 20 Sold: 40 Conditionally Sold: 8 Average Sale Price: $384,000   Bright's Grove: Active Listings: 6 Sold: 4 Conditionally Sold: 1 Average Sale Price: $623,000   Forest: Active Listings: 6 Sold: 2 Conditionally Sold: 1 Average Sale Price: $350,000   Plympton-Wyoming: Active Listings: 10 Sold: 6 Conditionally Sold: 1 Average Sale Price: $795,000   Petrolia: Active Listings: 5 Sold: 4 Conditionally Sold: 2 Average Sale Price: $907,000   Corunna: Active Listings: 10 Sold: 8 Conditionally Sold: 3 Average Sale Price: $515,000   St. Clair Township (excl. Corunna): Active Listings: 15 Sold: 10 Conditionally Sold: 3 Average Sale Price: $517,000 ### [What's going on this weekend? March 3rd - March 5th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-march-3rd-march-5th)   Events this weekend | March 3rd - 5th Mar 3 | Sarnia Sting vs London Knights | 7:05pm Come on out this weekend to cheer on your sarnia sting! learn more: https://sarniasting.com/   Mar 4 | TSSF - Live at Imperial City Brew | 8:00pm We're coming back to the Imperial City Brew House!! Looking forward to another fun night with all our Sarnia friends and fans again... Cheers! Learn more: https://allevents.in/sarnia/tssf-~-live-at-imperial-city-brew-house/200023774384335    Mar 4 | Int. Women's Day Retreat | 9am - 4pm Best Western Guildwood Inn9-4pmFull Day Retreat $100Half Day Sound Bath $45Proceeds go to the Women’s Interval Home Learn more: https://thesarniajournal.ca/event/international-womens-day/   Mar 5 | Legionnaires vs Flyers | 6:10pm Come on out this Sunday and cheer on your local Legionnaires as they take on the petrolia flyers! Learn more: https://www.gojhl.ca/stats/game-center/12878  ### [What's going on this weekend? March 10th to March 12th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-march-10th-to-march-12th) What's going on this weekend? March 10th to March 12th   Mar 10 | Sarnia Sting vs SOO Greyhounds | 7:05pm Come on out and cheer on your local OHL team the Sarnia Sting! for tickets and more information please visit their website: https://sarniasting.com/     Mar 11 | Dueling Pianos at Imperial City Brew | 7pm Come check out the Dueling Pianos at Imperial City Brew this Saturday at 7pm Learn more: https://www.imperialcitybrew.com/pages/news-events#    Mar 11 | Paint Your Own Pottery | DeGroots Paint Your Own Pottery for Kids & Adults - DeGroot's Sarnia Drop the kids off at DeGroot's and let us provide the entertainment! Adults are welcome to paint as well.About this Event Adults come and paint as well! We will have products for you as well, if you would like to join us with or without kids. Adults are welcome! learn more: https://allevents.in/sarnia/paint-your-own-pottery-for-kids-and-adults-degroots-sarnia/10000560851159917    Mar 12 | Sarnia Sting vs Kitchener Rangers | 2:05pm Come on out and cheer on your local OHL team the Sarnia Sting! for tickets and more information please visit their website: https://sarniasting.com/  ### [Tax Season Best Practices](https://www.sarniaproperty.com/blog_read/tax-season-best-practices)   Tax season can be a stressful time for many individuals and businesses. However, with some preparation and organization, it doesn't have to be. Sean Ryan sat down with Caitlin Lawrence, CPA with The TaxForce, to discuss some best practices for tax season and provide tips to make the process smoother.     Collect all necessary slips One of the most important things to do before filing your taxes is to collect all necessary slips. This includes donation slips, medical slips, and investment slips. By collecting these slips, you can ensure that you have all the necessary information to claim the deductions and credits that you are entitled to.   Keep track of your expenses and donations throughout the year To make tax season easier, it is recommended to keep track of your expenses and donations throughout the year. This way, you won't miss any important information when filing your taxes. Keeping a record of your expenses can also help you identify potential deductions and credits that you may be eligible for.   Be aware of new tax credits and deductions Each year, new tax credits and deductions are introduced. For example, in Ontario, there is a staycation credit, digital subscription tax credit, and home accessibility credit. It is important to stay informed about these credits and deductions so that you can take advantage of them.   File your taxes on time The deadline for employees to file their taxes is April 30th, and for businesses, it is June 15th. It is important to file your taxes on time to avoid potential penalties. If you are unable to file your taxes on time, you can file an extension, but it is still recommended to file as soon as possible.   Avoid waiting until the last minute to file your taxes Waiting until the last minute to file your taxes can cause unnecessary stress and may result in potential penalties. It is best to start preparing for tax season well in advance so that you have ample time to collect all necessary information and file your taxes on time.   Consider using tax software or an accountant Tax software or an accountant can help make the tax filing process smoother. Using software like TaxDome can help you keep track of your expenses and income throughout the year, while an accountant can provide expert advice and ensure that your taxes are filed correctly.   If you owe taxes, make sure to pay them on time If you owe taxes, it is important to pay them on time to avoid late fees. If you are unable to pay your taxes in full, you may be able to arrange a payment plan with the Canada Revenue Agency (CRA).   Stay informed about changes to tax laws and regulations Tax laws and regulations are constantly changing. It is important to stay informed about these changes so that you can adjust your tax strategy accordingly. The CRA website is a great resource for staying up-to-date on changes to tax laws and regulations.   Keep accurate records of your expenses and income Keeping accurate records of your expenses and income throughout the year can make tax time easier. This includes keeping receipts and invoices for expenses and tracking your income. By keeping accurate records, you can ensure that you are claiming all the deductions and credits that you are entitled to.   Don't hesitate to ask for help If you have questions or concerns about filing your taxes, don't hesitate to ask for help. A tax professional like Caitlin Lawrence can provide expert advice and ensure that your taxes are filed correctly. Seeking help from a professional can also help alleviate any stress or anxiety that you may be feeling about tax season. In conclusion, tax season can be a stressful time, but with some preparation and organization, it doesn't have to be. By collecting all necessary slips, keeping track of your expenses and donations throughout the year, and staying informed about changes to tax laws and regulations, you can make tax time as stress-free as possible.   ### [What's going on this weekend? March 17th - 19th ](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-march-17th-19th) What's going on this weekend?   March 17th | St. Patrick's Day 2023 This friday, head out to your local bar and grab yourself a green beer or festive drink! So many local pubs, bars and restuarants have something going on so check them out!   March 18th | Sarnia Sting vs Kingston | 7:05pm PASA Come on out this Saturday and cheer on your local OHL team the Sarnia Sting as they take on the Kingston Frontenacs! Learn more: https://ontariohockeyleague.com/gamecentre/26282/preview    March 18th | Tennis for Kids | St. Matthews's | 9:00am Tennis for Kids begins on January 14th! A 12 week Saturday morning indoor tennis lesson for children at St. Matthews school. $30 per 4 week session. Go to t4ksarnia.com for event details.   March 19th | Petrolia Legion Breakfast | 9:00am-1:00pm Join us for breakfast the Petrolia Legion! learn more https://visitpetrolia.ca/event/petrolia-legion-breakfast/2023-03-19/  ### [Canada's Anti-Flipping Tax](https://www.sarniaproperty.com/blog_read/canadas-anti-flipping-tax)   Canada's New Anti-Flipping Tax The Canadian government recently introduced a new residential property flipping rule, which is now law. This rule aims to target individuals who misclassify their profits from a "flipped residential property" as a capital gain to avoid taxes. It deems profits from a flipped residential property as business income.   What is the Residential Property Flipping Rule? Under the new rule, if an individual buys and sells a housing unit in Canada within 365 consecutive days, and it would not otherwise be inventory of the taxpayer, the gain on the sale is deemed to be business income and fully taxable. No principal residence exemption is available to reduce the tax. However, an exclusion may be available where the property is disposed of due to a qualifying life event. Moreover, individuals cannot report a business loss on a property just because it meets the definition of a flipped property.   Exceptions to the Rule There are certain exceptions to the rule where it is reasonable to consider that the disposition occurred due to or in anticipation of certain events, such as death, serious illness, or involuntary termination of employment. These exceptions allow the residential property flipping rule not to apply.   How are Gains on Residential Property Taxed Ordinarily? Apart from the residential property flipping rules, other tax rules apply when selling a residential property. For instance, depending on the situation, the gain is treated as fully taxable business income or as a capital gain, which is 50% taxable. If the property qualifies as a principal residence, the gain may be reduced or eliminated by claiming the principal residence exemption.   What are the Non-Compliance Penalties? If a taxpayer does not report a gain on the sale of residential property as business income when required, they could be assessed a gross negligence penalty equal to 50% of the additional taxes owing, in addition to interest charges. Taxpayers who would like to report an omission of income or correct a previous error may qualify for penalty relief under the CRA’s Voluntary Disclosure Program, provided that no CRA enforcement action has already begun.   Takeaway In conclusion, the new anti-flipping tax rule in Canada aims to ensure proper reporting of business income and stabilize home prices. Although this rule may not have a significant impact on real estate investors, it could help struggling young homebuyers afford homeownership. Real estate investors should consult with their trusted tax professional to ensure they are as tax-efficient as possible. It's important to note that the residential property flipping rule only applies to gains and does not apply to losses on the disposition of a residential property. ### [Reverse Mortgages](https://www.sarniaproperty.com/blog_read/reverse-mortgages)   Reverse mortgages are a popular financial product for seniors who have equity built up in their homes and need to supplement their retirement income. However, it's important to understand the details and requirements of a reverse mortgage to make an informed decision.   What is a Reverse Mortgage and How Does it Work? A reverse mortgage is a type of loan that allows homeowners to access the equity they have built up in their homes. Instead of making monthly payments like a traditional mortgage, the loan is repaid when the borrower dies, sells the home, or moves out permanently. The loan amount is based on the value of the home, the borrower's age, and current interest rates. The homeowner retains ownership of the home and can continue to live in it while the loan is outstanding.   Who is Eligible for a Reverse Mortgage in Canada? To be eligible for a reverse mortgage in Canada, you must be at least 55 years old and own a home that is your primary residence. The home must be in good condition and meet certain minimum value requirements. The amount of equity you have in your home will determine the amount you can borrow.   How Much Can You Borrow with a Reverse Mortgage? The amount you can borrow with a reverse mortgage is based on several factors, including the value of your home, your age, and current interest rates. Typically, the older you are, the more you can borrow. You can choose to receive the loan amount as a lump sum, as monthly installments, or as a line of credit.   What are the Costs and Risks of a Reverse Mortgage? One important consideration when considering a reverse mortgage is the fees and interest rates associated with the loan. These can be higher than traditional mortgages and can eat into the equity you have built up in your home. You are also responsible for paying property taxes and homeowner's insurance while the loan is outstanding. Another risk is that if you decide to sell your home or move out, the amount you owe on the reverse mortgage will be due immediately. This can be a challenge if you don't have the funds to pay off the loan.   Is a Reverse Mortgage Right for You? A reverse mortgage can be a useful financial tool for seniors who need extra income and want to stay in their homes. However, it's important to carefully consider the costs and risks involved before taking out a reverse mortgage. You should also consult with a qualified financial advisor to help you make an informed decision.   Who Provides Reverse Mortgages? In Canada, there are several financial institutions that offer reverse mortgages, including banks, credit unions, and mortgage brokers. Some of the most well-known providers of reverse mortgages in Canada include HomeEquity Bank's CHIP Reverse Mortgage, Equitable Bank's PATH Reverse Mortgage, and Canadian Home Income Plan (CHIP).   Financial Advisor Help with a Reverse Mortgage To find a qualified financial advisor to help you with a reverse mortgage, you can start by asking for referrals from friends and family or by searching online for reputable advisors. Look for advisors who specialize in retirement planning and have experience with reverse mortgages. Be sure to ask about their fees and qualifications before making a decision.   In conclusion, a reverse mortgage can be a useful financial tool for seniors who need extra income and want to stay in their homes, but it's important to fully understand the costs and risks involved before taking out a reverse mortgage. Consult with a qualified financial advisor to help you make an informed decision. ### [What's going on this weekend? March 24 - 26](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-march-24-26)   Mar 24 | Sarnia Sting vs Owen Sound Attack | PASA Come on out this Friday and cheer on your local Sarnia Sting as they face off against the Owen Sound Attack in one of the last regular season games! For tickets/more info visit: https://ontariohockeyleague.com/gamecentre/26301/preview    Mar 25 | Freezin for a Reason | Canatara Park   The Lambton College Social Service Workers invite you to raise awareness for homelessness, addiction, and mental health by participating in Freezin For A Reason - a polar plunge and restaurant takeover. All proceeds from this event will go towards John Howard Society.The polar plunge will take place at the East end of Canatara beach near the lifegaurd stations and washrooms on Saturday March 25th from 11:00 am to 12:00 pm. There will be a $5.00 fee to participate in the polar plunge. Snacks, hot chocolate, and warming blankets will also be provided.The restaurant takeover will be at Sports on Saturday March 25th from 1:00 pm to 4:00 pm. There will be a silent auction, and a trivia game. *Please see Freezin for a Reason: Restaurant Takeover event page for more information.*Thank you for helping us "make some waves" by raising awareness and donations for John Howard Society. Also check out other Sports Events in Sarnia, Nonprofit Events in Sarnia, Health & Wellness Events in Sarnia.   Mar 25 | Things We Should Say | Imperial City Brew Things We Should Say is a project designed to crack the silence around mental health. We want you to be heard! We aim to craft a conversation that allows people to meet where they already are in our community. Mental health discussions belong in every industry, neighbourhood and family. All stories and struggles are important. Let your journey begin.  Learn more: https://www.simpletix.com/e/things-we-should-say-a-mental-wellness-pro-tickets-126296    Mar 26 | Miley Cyrus Drag Brunch | LOCAL Wyoming Diversity Ed. is coming to Local Wyoming for a Miley Cyrus Drag Brunch featuring our hosts: Koko Starr & Poison and featuring a star studded cast of Sheerah Mae Heartt, Zsa Zsa, Maple Queef and Liquorice. You do not want to miss this amazing drag brunch. The Local has designed a beautiful brunch menu that will be including in the price of the show. We cannot wait to see you and have some fun. Date: March 26th Time: 10AM to 1PM Location: Local Restaurant, Wyoming Cost: $200 for table of 4, $100 for table of 2 Limited seating and will sell quickly | Learn more: https://allevents.in/wyoming/miley-cyrus-drag-brunch/10000543060226757  ### [Everything You Need to Know About Title Insurance](https://www.sarniaproperty.com/blog_read/everything-you-need-to-know-about-title-insurance)   In recent years, title insurance has become a crucial aspect of the home buying process in Canada. This article aims to help you understand the concept of title insurance, its benefits, and why you should consider it when purchasing a property. Let's dive in and unravel the mysteries of title insurance!   What is Title Insurance? Title insurance is a specialized form of insurance that protects property owners and lenders against issues related to the property's title or ownership. In simple terms, it's an insurance policy that covers potential financial losses resulting from defects in a property's title. These defects can include fraud, undisclosed liens, encroachments, or other issues that may affect the ownership or use of the property.   Why Do You Need Title Insurance in Ontario? Title insurance is not mandatory in Ontario, but it has become increasingly popular for a few key reasons:   Protection against title defects: Title insurance covers a wide range of potential issues, including forgery, fraud, undisclosed heirs, and registration errors. These issues can lead to financial loss and disputes over ownership, which can be costly and time-consuming to resolve. Coverage for survey issues: In some cases, an updated survey of the property may reveal encroachments, easements, or other issues that affect the property's use or value. Title insurance can help protect you against these unforeseen complications. Legal assistance: If a title issue arises, your title insurance policy can cover the costs of legal representation and associated expenses, saving you thousands of dollars in the process. Lender requirements: Many mortgage lenders in Ontario require borrowers to purchase title insurance to protect their investment in the property.   How Does Title Insurance Work? When you purchase a title insurance policy, the insurer conducts a thorough search of public records to identify any potential issues with the property's title. This process, known as a title search, includes reviewing land registration records, tax records, court documents, and other relevant sources.   Once the title search is complete, the insurer will issue a title insurance policy that outlines the coverage provided. The policy will typically include coverage for known risks and undisclosed risks, as well as any exceptions or exclusions that may apply.   If a covered title issue arises after you've purchased the property, your title insurance policy will provide financial protection and legal assistance to help you resolve the problem.   How Much Does Title Insurance Cost in Sarnia-Lambton? Title insurance premiums in Sarnia-Lambton, and throughout Ontario, are generally based on the property's purchase price. For a residential property, you can expect to pay a one-time premium ranging from $200 to $400 or more, depending on the property's value and the insurer.    Keep in mind that this is a one-time fee paid at the time of purchase, and the policy remains in effect for as long as you own the property.   Choosing the Right Title Insurance Provider When selecting a title insurance provider in Ontario, it's essential to consider factors such as reputation, coverage options, and customer service. Research and compare providers to ensure you're getting the best protection for your investment.   Some popular title insurance providers in Ontario include: First Canadian Title (FCT) Stewart Title Guaranty Company Chicago Title Insurance Company   Don't hesitate to ask your real estate agent, lawyer, or mortgage broker for recommendations based on their experience.   Frequently Asked Questions About Title Insurance To help you further understand title insurance, here are some frequently asked questions and their answers:   Is title insurance required for refinancing? While title insurance is not a legal requirement for refinancing in Ontario, some lenders may require it to protect their investment. It's essential to check with your lender to determine their specific requirements.   Does title insurance cover future issues? Title insurance generally covers issues that existed before the policy's effective date. However, some policies may offer limited coverage for specific future events, such as fraud or forgery. It's essential to review your policy's terms and conditions to understand the extent of coverage provided.   Can I transfer my title insurance policy when I sell my property? Title insurance policies are generally non-transferable. When you sell your property, the new owner would need to purchase their own policy to ensure protection against potential title issues.   What happens if I discover a title issue after purchasing title insurance? If you discover a covered title issue after purchasing your policy, you should contact your title insurance provider immediately. They will help guide you through the process of resolving the issue, which may include covering legal fees, compensating for financial losses, or taking other steps to protect your interests. ### [The Benefits of Downsizing](https://www.sarniaproperty.com/blog_read/the-benefits-of-downsizing)   In today's world, it's easy to become overwhelmed by clutter, both physical and mental. The constant barrage of information and possessions can leave you feeling stressed and unfulfilled. This is where downsizing comes in. Downsizing is the process of intentionally reducing your possessions, living space, and overall lifestyle. While it may seem daunting at first, downsizing can offer a range of benefits that make it well worth the effort. Here are just a few of the benefits of downsizing.   Reduced stress and anxiety One of the most significant benefits of downsizing is the reduction of stress and anxiety. When you have fewer possessions and a smaller living space, you have less to worry about and maintain. You also have more control over your environment, which can lead to a greater sense of peace and well-being.   Increased financial freedom Downsizing can also provide you with increased financial freedom. When you have fewer possessions and a smaller living space, your expenses are lower, and you may be able to save money on rent or mortgage payments, utilities, and other expenses. This can allow you to pay off debt or save for the future, giving you greater financial security.   More time for what matters When you have fewer possessions and a smaller living space, you also have more time for what matters most in life. With less to clean, organize, and maintain, you can spend more time with loved ones, pursuing hobbies, or engaging in other activities that bring you joy and fulfillment.   Improved physical health Downsizing can also improve your physical health. With fewer possessions and a smaller living space, you are more likely to engage in physical activity, whether it's walking or biking instead of driving or engaging in outdoor activities rather than watching TV. This can lead to improved physical health, including weight loss, improved cardiovascular health, and reduced risk of chronic diseases.   Greater mental clarity Finally, downsizing can provide you with greater mental clarity. When you have fewer possessions and a smaller living space, you can focus on what truly matters and let go of distractions and clutter. This can lead to greater creativity, improved focus, and a greater sense of purpose and fulfillment.   Tips for downsizing If you're considering downsizing, here are a few tips to help you get started: 1. Start small. Begin by decluttering one room or area at a time rather than trying to tackle your entire home at once. 2. Use the "one in, one out" rule. For every new item you bring into your home, remove one item you no longer need. 3. Donate or sell items you no longer need or use. This can not only help you declutter but can also benefit others in need. 4. Consider digital alternatives. Instead of keeping physical copies of books, movies, and music, consider digital options that take up less space. 5. Focus on what matters. When deciding what to keep and what to let go of, focus on what brings you joy and fulfillment rather than what you think you "should" keep.   Conclusion Downsizing may seem overwhelming at first, but the benefits can be life-changing. By reducing your possessions, living space, and overall lifestyle, you can enjoy reduced stress and anxiety, increased financial freedom, more time for what matters, improved physical health, and greater mental clarity. So why not give it a try? Start small, stay focused on what matters, and see where the journey takes you. ### [What's going on this weekend? March 31st - April 2nd](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-march-31st-april-2nd) What's going on this weekend? March 31- April 2 | Sarnia Home Show | Clearwater  Since 1983, the Sarnia Home Show has been connecting people to the information and products they require to transform where they live into the home they have always dreamed of – inside and out. Every year suppliers and experts from across Southwestern Ontario come to Sarnia to share their specialties in areas such as windows and doors, security systems, appliances, building materials, siding, paint, lawn, sprinkler systems, carpet and flooring, heating and air conditioning, roofing, pools and spas, decks, fencing, lawn furniture, stone products, water systems, interior decor, and more. In addition to opportunities to view products in action and speak with experts, the show also offers a chance to participate in seminars covering everything from home cooking and cleaning to renovating and decorating. Whether you are looking for expertise in a specific area, or are up for a day of casual exploration of possibilities, the Sarnia Home Show provides a relaxed, fun atmosphere for realizing the potential of your home. Learn more: https://sarniahomeshow.com/    April 1 | Skate Sarnia's 75th Carnival | Pat Stapleton ALUMNI It's our 75th Anniversary and we would love to have you skate with us! Feel free to share this event with your friends and family.Times will be posted, as information is known! Any questions, you can post here, email me at deannanickels@hotmail.com or text Deanna 519-331-3403.Hope to see you there!    April 1 | Upside of Maybe with Apollo Suns | Paddy's We are so excited to have this amazing night of entertainment coming to the pub! Upside of Maybe with special guests Apollo Sun from Winnipeg. Both not to miss! learn more: https://www.facebook.com/events/paddy-flahertys-seaway-rd-sarnia/upside-of-maybe-with-apollo-suns/589012416135669/    April 2 | Easter Eggstravanza Vendor Sale | Wallaceburg The bunny hasn't arrived yet, but don't worry, we have all the goodies for you and your kiddo's to celebrate the big weekend! Get your baskets ready, and head to the moose for great deals!CONFIRMED VENDORSCHRIS' CUSTOM CRAFTSTina’s BathbombsMargie Mills Coco Bakery ⭐🌟Ray n DIKathey's Sewing ⭐🌟Scentsy - Ashley AndersonL's CraftsAbbi WiseAmanda AckroydHarvey's Resin ⭐🌟Kim's Tasty TreatsSherry Sloan's Colour Street Learn more: https://allevents.in/wallaceburg/easter-eggstravanza-vendor-sale/200023781248759 ### [The Mortgage Stress Test](https://www.sarniaproperty.com/blog_read/the-mortgage-stress-test)   When you're looking to buy a house, securing a mortgage is a significant step in the process. It's essential to find a lender that offers a competitive interest rate and terms that work for your budget. However, getting a mortgage with a low interest rate is only half the battle. You need to ensure you can maintain your mortgage payments over the long term, especially if interest rates rise.   The Mortgage Stress Test is a measure that helps lenders and borrowers avoid the risks associated with rising interest rates. It ensures that the borrower can handle their mortgage payments even if there's a significant increase in interest rates in the future.   How the Mortgage Stress Test Works The Mortgage Stress Test is a financial test that determines whether a borrower can handle the payments on their proposed mortgage if interest rates rise in the future. In Canada, the OSFI introduced the stress test on all federally regulated lenders and mortgage insurers on January 1st, 2018. Since then, any potential homebuyer applying for a mortgage must pass the stress test to be approved for financing. To pass the stress test, most applicants need to prove they can handle a minimum qualifying rate (MQR). The MQR is usually the Bank of Canada's conventional five-year fixed posted rate or their lender's posted five-year fixed qualifying rate, whichever is higher. It's important to note that some provinces may have additional rules related to inclusionary housing or other affordability targets that may affect how lenders assess borrowers when applying for mortgages in those provinces.   Implications of the Mortgage Stress Test The Mortgage Stress Test is an essential measure for borrowers looking to secure a mortgage. It ensures that borrowers can maintain their payments, even if interest rates increase significantly in the future. This helps borrowers avoid the risks associated with financial hardship, such as debt or foreclosure. It's crucial to understand the implications of the stress test before applying for a mortgage. If you fail the stress test, you may not be able to secure financing for your home purchase. Therefore, it's crucial to work with a lender or mortgage broker who can help you navigate the stress test requirements and ensure you can pass it. Additionally, borrowers should factor in the MQR when calculating their budget and mortgage payments. This will help them ensure they can afford their mortgage payments, even if interest rates rise significantly in the future.   Conclusion The Mortgage Stress Test is an essential measure designed to ensure that borrowers can maintain their mortgage payments even if interest rates rise in the future. It's crucial to understand the implications of the stress test when applying for a mortgage and to work with a lender or mortgage broker who can help you navigate the requirements. By passing the stress test, borrowers can secure their financial future and avoid the risks associated with rising interest rates. Remember, an ounce of prevention is worth a pound of cure. ### [Benefits of Buying a Green Home](https://www.sarniaproperty.com/blog_read/benefits-of-buying-a-green-home)   What is Green Building? Green building and sustainability have become increasingly popular in Canadian real estate, driven by a growing awareness of the environmental benefits and long-term cost savings. This article will explore key elements of green building, such as energy efficiency, water conservation, and sustainable materials, with a focus on Canada, Ontario, and Sarnia-Lambton.   Energy Efficiency in Green Building Energy efficiency is a cornerstone of green building, as it directly contributes to reducing energy consumption and greenhouse gas emissions. In Canada, energy-efficient homes often feature high-quality insulation, double or triple-pane windows, and energy-efficient appliances. These features help homeowners save money on their energy bills and reduce their carbon footprint.   Water Conservation and Green Building Another important aspect of green building is water conservation. Eco-friendly homes incorporate low-flow plumbing fixtures, rainwater harvesting systems, and greywater recycling systems. These features help conserve water and reduce the strain on municipal water supplies, making them an attractive option for environmentally conscious homeowners.   Sustainable Materials in Eco-Friendly Homes Sustainable materials play a crucial role in green building. Builders are increasingly using eco-friendly materials such as reclaimed wood, recycled metal, and low-VOC paint to create healthier and more environmentally friendly homes. These materials not only reduce the environmental impact of construction but also contribute to better indoor air quality and overall occupant health.   Green Building in Ontario and Sarnia-Lambton In Ontario and Sarnia-Lambton there is a growing interest in green building and sustainable living. Developers are constructing more eco-friendly homes, and homeowners are retrofitting their existing properties to make them greener. This trend is supported by government incentives and programs, such as the Canada Greener Homes Grant and the ENERGY STAR certification program.   Government Incentives and Programs To encourage green building and sustainable living, the Canadian government offers various incentives and programs. The Canada Greener Homes Grant provides financial assistance to homeowners who undertake energy-efficient home improvements. Additionally, the ENERGY STAR certification program recognizes homes that meet strict energy efficiency standards, making it easier for prospective buyers to identify eco-friendly properties.   The Future of Green Building in Canadian Real Estate With growing awareness of environmental issues and the long-term benefits of sustainable living, green building is expected to continue gaining momentum in Canadian real estate. As more homeowners embrace eco-friendly living and developers prioritize sustainable construction practices, the market for green homes in Canada, Ontario, and Sarnia-Lambton will likely flourish in the coming years. ### [March 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/march-2023-hmu)     Key Stats for Sarnia-Lambton   Sales: 122 (20.3% lower than March 2022)   Dollar Volume: $64,628,340 (24.9% less than March 2022)   New Listings: 217 (+7.4% more March 2022)   Active listings: 326 (222.8% more than March 2022)   Average Price: $529,740 (5.8% less than March 2022)   Sale to List Price Ratio: 97.9% (112% in March 2022)   Check out Sean's personal breakdown of the state of the housing market.   Individual Area Breakdown   Sarnia North End: Active Listings: 70 Sold: 29 Conditionally Sold: 10 Average Sale Price: $585,000   Sarnia South End: Active Listings: 54 Sold: 42 Conditionally Sold: 9 Average Sale Price: $406,000   Bright's Grove: Active Listings: 14 Sold: 7 Average Sale Price: $710,000   Forest: Active Listings: 11 Sold: 5 Average Sale Price: $661,000   Plympton-Wyoming: Active Listings: 36 Sold: 5 Average Sale Price: $1,052,000   Petrolia: Active Listings: 11 Sold: 5 Conditionally Sold: 1 Average Sale Price: $544,000   Corunna: Active Listings: 27 Sold: 9 Conditionally Sold: 4 Average Sale Price: $578,000   St. Clair Township (excl. Corunna): Active Listings: 40 Sold: 14 Conditionally Sold: 5 Average Sale Price: $547,000 ### [Custom Home Builds](https://www.sarniaproperty.com/blog_read/custom-home-builds) Building a custom home can be a complex process, but it can generally be broken down into eight main stages. Keep in mind that these stages may vary depending on your specific project and local requirements. Here's a high-level overview:   1. Project Planning and Budgeting: Determine your objectives, budget, and financing options. Research and choose the style, size, and layout of your home. Develop a preliminary project timeline and plan.   2. Land Selection and Acquisition: Identify and purchase a suitable piece of land that meets your needs and preferences, as well as any local zoning and building regulations.   3. Design and Architecture: Hire a professional architect or designer to create a detailed floor plan and exterior design based on your preferences and requirements. Obtain any necessary permits and approvals from local authorities.   4. Contractor Selection and Bidding: Research and interview potential general contractors. Request bids, review proposals, and choose a contractor to oversee the construction process.   5. Site Preparation and Foundation: The construction team prepares the land, including clearing debris, grading, and excavating for utilities. They then pour the foundation, which could be a slab, crawl space, or full basement, depending on your design and local conditions.   6. Construction: The contractor oversees the construction process, which includes framing, roofing, exterior finishes, plumbing, electrical, and HVAC installation. This stage also covers insulation, drywall, flooring, and interior finishes like paint and trim.   7. Landscaping and Exterior Features: Once the home's structure is complete, the landscaping and any exterior features like driveways, walkways, and patios are installed.   8. Final Inspection and Move-In: A final inspection is conducted by local building officials to ensure code compliance. Once approved, you'll receive a certificate of occupancy, allowing you to move into your new custom home.   Keep in mind that communication and flexibility are key throughout the entire process, as custom home builds often require adjustments and modifications along the way. ### [What's going on this weekend? April 7th - 9th | EASTER WEEKEND 2023](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-april-7th-9th-easter-weekend-2023)   what's going on this weekend?   April 7 | Sarnia Sting vs Guelph Storm | PASA | 7:05pm Come on out this Friday and cheer on your local OHL team the Sarnia Sting as they face off against the Guelph Storm in game 5 of the first round of playoffs! Learn more: https://ontariohockeyleague.com/gamecentre/26409/preview    April 8 | BREN at Ups N' Downs! | 8:00pm One man band BREN performs sing along hit songs from the 1960's to 2020!Looping drums, bass, guitar, piano and vocals to create full band sound! Learn more: https://allevents.in/sarnia/bren-at-ups-n-downs/200024198832228    April 8 | Tennis for Kids | St. Matthew's | 9:00am Tennis for Kids begins on January 14th! A 12 week Saturday morning indoor tennis lesson for children at St. Matthews school. $30 per 4 week session. Go to t4ksarnia.com for event details. Learn more: https://thesarniajournal.ca/event/tennis-for-kids/2023-04-15/    April 9 | Happy Easter! ### [New Home Warranties in Ontario](https://www.sarniaproperty.com/blog_read/new-home-warranties-in-ontario)   New Home Warranties in Ontario: Understanding Tarion's Role Home warranties provide peace of mind and protection for newly built homes and condominiums. In Ontario, Tarion is a key player in the home warranty industry. Understanding the basics of home warranties and Tarion's role can help homeowners make informed decisions about coverage that's right for them.   Tarion: Administering the Ontario New Home Warranties Plan Act Tarion is a not-for-profit organization responsible for administering the Ontario New Home Warranties Plan Act. The organization provides warranty coverage for newly constructed homes and condominiums to ensure they meet provincial standards. Home warranties are typically offered for new homes, newly constructed condominiums, and some renovated homes.   Coverage Length and Components Tarion home warranties range from one to seven years. One year: warranties typically cover deficiencies in workmanship and materials, such as electrical and plumbing systems, windows, and doors. Two years: the warranty covers significant structural components such as the foundation, roof, and load-bearing walls. Seven years: the warranty covers major structural defects that become apparent during the coverage period.   Additional Warranties In addition to the coverage provided by Tarion, homeowners can purchase additional warranties. These warranties provide coverage for items such as appliances, heating and cooling systems, and even pools and spas. It's essential to review the coverage offered by these warranties, as well as the exclusions, to ensure that you're getting the protection you need.   Conclusion Home warranties are a crucial investment for many Canadian homeowners. By understanding the types of properties that may have home warranties, who Tarion is, and what types of warranties are provided, homeowners can make informed decisions about coverage that's right for them. Whether you're a first-time homebuyer or a seasoned homeowner, taking the time to understand the basics of home warranties can help you protect your investment for years to come. ### [The Role of Lawyers in Real Estate Transactions](https://www.sarniaproperty.com/blog_read/the-role-of-lawyers-in-real-estate-transactions)   Real estate transactions can be complicated and often require the expertise of lawyers. Whether you're buying or selling a property, having a quality lawyer on your side can make a huge difference in ensuring a smooth and legal transaction. Education and Qualifications: In Canada, the sale of a property is considered a legal transaction. To ensure a successful transaction, it's important to have a lawyer who specializes in real estate law. In Ontario, lawyers must undergo extensive education and training to become licensed to practice law. This education includes courses in real estate law, property law, contracts, and other relevant areas. Key Responsibilities: The role of a lawyer in a real estate transaction can vary depending on the specific circumstances of the deal. However, there are some key responsibilities that are common to most transactions. These include: 1. Reviewing and drafting legal documents: The lawyer's job is to ensure that all legal documents are in order and that they accurately reflect the terms and conditions of the sale. This can include purchase agreements, deeds, and mortgages. 2. Advising clients on legal implications: Lawyers provide clients with legal advice on the transaction and help them understand the legal risks and consequences of the deal. This is an essential part of the lawyer's job as it helps clients make informed decisions about their real estate transaction. 3. Negotiating terms and conditions: Lawyers act as advocates for their clients and negotiate with the other party to ensure that their clients get the best possible terms and conditions for the sale. This can include negotiating the purchase price, conditions of the sale, and any other relevant terms. 4. Conducting title searches: Lawyers conduct title searches to ensure that the property is free of any legal claims or issues that could affect the sale. This is an important part of the lawyer's job as it helps clients avoid any surprises after the sale is completed. 5. Representing clients in court (if necessary): In rare cases, disputes may arise that require the involvement of the court system. In these cases, lawyers may represent their clients in court to protect their interests. This is an important part of the lawyer's job as it helps clients resolve any legal disputes that may arise during the real estate transaction. 6. Closing the Transaction: In addition to these responsibilities, lawyers also play a crucial role in the closing of a real estate transaction. On closing day, lawyers review and explain the closing statement to all parties involved, making sure everyone is on the same page. They also ensure that all legal documents are properly executed and that funds are properly disbursed. The Importance of Lawyers in Real Estate Transactions: The involvement of lawyers in real estate transactions helps protect the interests of all parties involved and minimizes the risk of disputes and legal issues. Their expertise and knowledge ensure a smooth and legal transaction, taking the weight off your shoulders. It's important to note that lawyers in Ontario are governed by a strict code of ethics and are required to act in the best interests of their clients at all times. ### [What's going on this weekend? April 15th/16th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-april-15th16th) What's going on this weekend?   April 15 | Irma Gerd Drag Show | Refined Fool | 8pm Diversity Ed. Presents: Oh My GERD; it’s Crystal’s Birthday Charity Show. Join Diversity Ed. at Refined Fool Brewing Company on London Road on April 15th for the amazing Irma Gerd from Canada’s Drag Race Season 3. Irma Gerd will be joined by our hosts Poison and Eve Hill featuring performances by Sheerah Mae Heartt, Karma Kameleon, Benz Menova, Hudson Bae, Anne Tique Doll and our youth performer Suga Cube. Tickets are $35 with all proceeds going to Diversity Ed. Doors Open at 8PM Show Starts at 8:30PM Location: Refined Fool on London Road Learn more: https://allevents.in/sarnia/irma-gerd-drag-show-sarnia/10000560620520067    April 15 | 3D Printer Training | Point Ed Arena The Ultimaker 2+ Connect printer lets you print 3D objects. Ready-to-print designs can be downloaded from the internet and adjusted using Ultimaker Cura to make it just right for you! Need to replace your lost hex wrench or want to make a keychain for a friend? Come and see what our new 3D printers can do! The the 3D printer is bookable once you attend a training workshop, so don’t hesitate to sign up!  Learn more: https://lclibrary.libnet.info/event/7853067    April 15 | Succa for Succulents | DeGroot's | 1pm A relaxing and enjoyable workshop, where you will design and plant your own succulent tabletop planter for home. We will also discuss basic succulent care, and how to propagate them. Includes ceramic planter, soil and variety of succulents. Limit 10 participants | learn more: https://allevents.in/sarnia/succa-for-succulents/10000530807458397    April 16 | 2023 April Jamboree | Brigden Fairgrounds Dust off your dancing shoes. Our monthly Country Jamboree will be Sunday, April 16 Doors open at noon – Music starts at 1pm $15/person includes supper. Cash Bar. Supper served at 5pm. All Musicians and entertainers are welcome! Hope to see You all! Learn more: https://www.brigdenfair.ca/events/2023-april-jamboree/ ### [Buying a Home - 7 Pitfalls to Avoid](https://www.sarniaproperty.com/blog_read/buying-a-home-7-pitfalls-to-avoid)   Buying a home is a big decision, and it is important to approach the process with care and attention. While it is an exciting and rewarding experience, there are also many pitfalls that can derail the process and lead to costly mistakes. In this article, we will explore seven common pitfalls to avoid when buying a home and provide tips on how to navigate the process with confidence.   #1. Not having a pre-approval letter Before starting your home search, it is crucial to get a pre-approval letter from a lender. This will give you a clear idea of what you can afford and save you time and energy by only looking at homes within your budget. It also gives you a competitive advantage when making an offer. A pre-approval letter shows sellers that you are a serious buyer and have the financial backing to make the purchase. To get a pre-approval letter, you will need to provide your lender with information about your income, employment history, credit score, and debt-to-income ratio. Once you have this information, your lender will review it and give you a pre-approval letter that outlines the loan amount you are approved for.   #2. Failing to get a home inspection A professional home inspection is a crucial step in the buying process that should not be skipped. It can uncover hidden problems and potential repairs that can be used as leverage in negotiations or can help you make an informed decision about whether to move forward with the purchase. A home inspection can also give you peace of mind knowing that the home is in good condition and free from major defects. When choosing a home inspector, make sure to choose someone who is licensed and experienced. Ask for referrals from your real estate agent or friends and family who have recently purchased a home. During the inspection, make sure to ask questions and take notes on any issues that are found.   #3. Underestimating closing costs Closing costs can add up quickly, so it is essential to budget for them in addition to your down payment. These costs can include things like title insurance, loan origination fees, and property taxes. Don't be caught off guard by these added expenses. Your lender will provide you with a good faith estimate of closing costs early in the process, but make sure to review and understand all of the fees before closing.   #4. Overestimating your abilities to fix up a fixer-upper Fixer-uppers can be tempting, but it is essential to have a realistic idea of the time, money, and skills needed for renovations. Don't be discouraged if the cost of repairs ends up being higher than expected, or if the project takes longer than you thought. Before buying a fixer-upper, consider getting estimates from contractors and make sure to factor in the cost of permits and materials.   #5. Ignoring red flags in the neighborhood Before making an offer, research the neighborhood you are interested in and pay attention to red flags. This includes factors like crime rates, nearby developments, and the general state of nearby homes. Don't ignore these warning signs, as they can have a big impact on your overall quality of life. Drive around the neighborhood at different times of the day and talk to neighbors to get a better sense of the community.   #6. Overemotional Decision-making It is easy to get caught up in the excitement of buying a home, but avoid letting your emotions drive the process. Stick to your budget, and don't let yourself get talked into overspending. Remember, you are making a long-term investment, not just a short-term purchase. If you find yourself struggling to stay objective, talk to your real estate agent or a trusted friend or family member for advice.   #7. Not working with a real estate agent Finally, make sure to work with a trusted and experienced real estate agent. They can help you navigate the buying process, answer your questions, and avoid costly mistakes. Make sure to choose an agent you trust and feel comfortable working with. Look for an agent who has experience in the local market and who understands your needs and preferences. They can also provide valuable insights into the neighborhoods you are considering and help you find the right home for your budget.   Other tips to consider when working with a real estate agent include: Communicate clearly: Make sure to communicate your needs and preferences clearly with your agent. Let them know what you are looking for in a home and any must-haves or deal breakers. Be honest: Don't be afraid to be honest with your agent about your budget and financial situation. This will help them find homes that are within your price range and avoid wasting time on properties that are outside of your budget. Stay in touch: Keep in touch with your agent throughout the buying process. Make sure to check in regularly and ask any questions that you may have. By avoiding these common pitfalls and working with a trusted real estate agent, you can increase your chances of finding and buying your dream home with confidence. ### [Understanding Cap Rates for Real Estate Investors](https://www.sarniaproperty.com/blog_read/cap-rates-for-real-estate-investors)   As a real estate investor, it's essential to know how to evaluate potential investments. One critical tool in your arsenal is the cap rate. In this blog post, we'll explain what cap rates are, how they're calculated, and how you can use them to make informed investment decisions.   What Are Cap Rates? Cap rates, or capitalization rates, are a metric used to evaluate the potential return on investment for a rental property. They represent the percentage return an investor can expect to earn on their investment each year, based on the property's net operating income (NOI) and current market value.   How Are Cap Rates Calculated? Cap rates are calculated by dividing a property's NOI by its current market value. The NOI is the income generated by the property after deducting operating expenses, such as property taxes, maintenance costs, and insurance. The current market value is determined by recent sales of similar properties in the area. For example, let's say a property generates an annual NOI of $50,000 and has a current market value of $1,000,000. The cap rate would be calculated as follows: $50,000 ÷ $1,000,000 = 0.05 or 5% This indicates that the property has a cap rate of 5%, meaning an investor can expect to earn a 5% return on their investment each year.   How Do Cap Rates Help Real Estate Investors? Cap rates are a crucial tool for real estate investors as they can help evaluate the relative value of different investment opportunities. Cap rates can vary depending on location, property type, and market conditions. As supply and demand in the real estate market changes, so too will the cap rates. For example, suppose there is high demand for properties in an area, and the supply is limited. In that case, the market value of the property may increase, while the NOI remains the same. If the market value of the property increases to $1,200,000, and the NOI remains at $50,000, the new cap rate would be: $50,000 ÷ $1,200,000 = 0.0416 or 4.16% Conversely, if there is low demand for properties in an area and high supply, the market value of the property may decrease while the NOI remains the same. If the market value of the property decreases to $800,000, and the NOI remains at $50,000, the new cap rate would be: $50,000 ÷ $800,000 = 0.0625 or 6.25% By understanding cap rates and how they can fluctuate, real estate investors can compare the relative value of different investment opportunities and make informed decisions based on a property's potential return on investment.   Cap Rate FAQs Q: What are the limitations of using cap rates as a measure of investment opportunity? A: Cap rates do not consider factors like the property's location, condition, or potential for appreciation, which can impact its value over time. Additionally, cap rates are influenced by market conditions and may vary depending on the type of property.   Q: How can cap rates be used to compare different investment opportunities? A: Cap rates can be used to compare the potential profitability of different investment opportunities, but only if the properties being compared are similar in terms of type, location, and other relevant factors.   Q: Can cap rates be used to predict future property values? A: Cap rates alone cannot predict future property values. They are a measure of the potential return on investment based on the property's current net operating income and value.   Q: What are some other factors to consider when evaluating a real estate investment opportunity? A: In addition to cap rates, real estate investors should consider factors like market trends, location, property condition, potential for appreciation, financing options, and their personal investment goals and risk tolerance. A comprehensive analysis of these factors is necessary to make informed investment decisions. ### [5 Professionals Who Can Help You Meet Your Financial Goals](https://www.sarniaproperty.com/blog_read/5-professionals-who-can-help-you-meet-your-financial-goals)   In today's world, we all strive for financial stability and success. It's no secret that achieving financial goals requires careful planning, hard work, and the right guidance. One of the most significant factors in achieving financial success is seeking the help of professionals and experts in various fields. These professionals have the experience and knowledge to help you make informed decisions, reduce stress, and achieve financial security. In this article, we will discuss five professionals who can help you meet your financial goals.   Financial Advisor A financial advisor can be an excellent resource for anyone looking to manage their finances. They can help you create a financial plan and manage your investments. A financial advisor can also provide guidance on tax strategies, retirement planning, and estate planning. They can help you set financial goals, create a budget, and make sure you are on track to meet your goals.   FAQs:   • How much does a financial advisor cost? The cost of a financial advisor varies depending on their experience and services provided. Some advisors charge a flat fee, while others charge a percentage of assets under management. It's essential to understand the fee structure before working with a financial advisor.   • What qualifications should I look for in a financial advisor? Look for a financial advisor who is a Certified Financial Planner (CFP) or a Chartered Financial Analyst (CFA). These credentials indicate that the advisor has met rigorous education and ethical standards.   • Can I manage my own finances without a financial advisor? Yes, you can manage your finances without a financial advisor. However, working with an advisor can provide you with valuable guidance and expertise that can help you achieve your financial goals faster.   Accountant An accountant can help you with tax preparation, bookkeeping, and financial reporting. They can also provide advice on tax planning and help you save money on your taxes. Accountants can help you understand the financial health of your business and provide you with strategies to increase profitability. They can also help you with financial forecasting, cash flow management, and budgeting.   FAQs:   • How can an accountant help me save money on my taxes? An accountant can help you identify deductions and credits that you may not be aware of. They can also help you structure your finances in a way that minimizes your tax liability.   • How often should I meet with my accountant? It's a good idea to meet with your accountant at least once a year to review your financial statements and tax returns. However, if you have significant financial transactions or changes in your business, you may need to meet with your accountant more frequently.   • Do I need an accountant if I use accounting software? While accounting software can be helpful, it can't replace the expertise of an accountant. An accountant can help you interpret financial data and provide you with valuable insights into your business.   Real Estate Agent A real estate agent can be a valuable resource when buying or selling a property. They can help you navigate the complex world of real estate and find the right property to meet your financial goals. A real estate agent can also help you negotiate the best price for a property and provide you with valuable insights into the local real estate market.   FAQs:   • How much does a real estate agent charge? Real estate agents typically charge a commission, which is a percentage of the sale price. The commission is usually split between the buyer's agent and the seller's agent. The commission can vary depending on the market and the agent's experience.   • How do I find a good real estate agent? Ask for referrals from friends and family, or research agents online. Look for an agent with a good track record, relevant experience, and excellent communication skills.   • Do I need a real estate agent to sell my property? No, you don't need a real estate agent to sell your property. However, working with a real estate agent can provide you with valuable guidance and expertise, especially if you are not familiar with the real estate market. A real estate agent can help you market your property effectively, negotiate with potential buyers, and handle all the paperwork and legal requirements associated with the sale.   Banker/Financial Lender A banker or a financial lender can be a valuable resource for anyone looking to manage their finances. They can help you with banking services, loans, and mortgages. A banker can also provide advice on savings and investments. They can help you understand the different types of bank accounts and services available and provide you with guidance on selecting the best options for your needs.   FAQs:   • What services do bankers provide? Bankers provide a range of services, including checking and savings accounts, loans, mortgages, and credit cards. They can also provide advice on savings and investments and help you manage your finances.   • How can a banker help me with loans and mortgages? A banker can help you understand the different types of loans and mortgages available and provide you with guidance on selecting the best options for your needs. They can also help you with the application process and ensure that you meet all the requirements for approval.   • Do I need a banker if I use online banking services? While online banking services can be convenient, they cannot replace the expertise of a banker. A banker can provide you with personalized advice and guidance based on your individual financial situation.   Insurance Agent An insurance agent can be a valuable resource for anyone looking to protect their assets and manage risk. They can help you understand your insurance options and find the right coverage to meet your needs. An insurance agent can also help you with claims and provide guidance on risk management.   FAQs:   • What types of insurance can an insurance agent help me with? An insurance agent can help you with a range of insurance products, including auto insurance, home insurance, life insurance, health insurance, and business insurance.   • How can an insurance agent help me save money on insurance? An insurance agent can help you identify discounts and savings opportunities that you may not be aware of. They can also help you structure your insurance coverage in a way that minimizes your premiums.   • Do I need an insurance agent if I buy insurance online? While buying insurance online can be convenient, it cannot replace the expertise of an insurance agent. An insurance agent can help you understand the complexities of insurance products and provide you with personalized advice and guidance based on your individual needs. ### [Closing Costs on Completion Day](https://www.sarniaproperty.com/blog_read/closing-costs-on-completion-day)   Buying a home can be an exciting and emotional experience. You've found the perfect property, secured financing, and now it's time for completion day – the day when your dream of owning a home becomes a reality. But, before you pop the champagne, it's crucial to understand the closing costs that come with it. In this blog post, we'll break down everything you need to know about completion day and closing costs, so you're fully prepared when the big day arrives.   What is Completion Day? Completion day (also called Closing Day) is the day when you become the legal owner of the property. It's when you receive the keys to your new home, and all the legal and financial transactions are completed. Completion day is a critical milestone in the home-buying process, and it's essential to understand the costs involved.   Legal Fees One of the most significant expenses associated with completion day is legal fees. You'll need a lawyer or notary to handle the legal aspects of your home purchase. They'll review the purchase agreement, ensure the property title is clear, and register the property in your name. Legal fees can vary, so be sure to shop around and get quotes from different professionals.   Q: How much are legal fees for completion day? A: Legal fees can vary depending on the lawyer or notary you choose. It's best to get quotes from different professionals to compare.   Land Transfer Tax In Ontario, you'll need to pay a land transfer tax when you buy a property. This tax is based on the purchase price of the home, and first-time homebuyers may be eligible for a rebate. Be sure to consult with your real estate agent or lawyer to see if you qualify.   Q: How much is the land transfer tax in Ontario? A: The land transfer tax is based on the purchase price of the home. You can use an online land transfer tax calculator to estimate how much you'll need to pay.   Home Insurance Mortgage lenders typically require you to have home insurance before they'll release the funds for your purchase. Home insurance covers your property and belongings in case of damage or loss, so it's a crucial part of being a homeowner. Home insurance can vary depending on the type of property you're purchasing, so make sure to get a quote from your insurance provider.   Q: Do I need to have home insurance before completion day? A: Yes, mortgage lenders typically require you to have home insurance before they'll release the funds for your purchase.   Adjustments Another cost to consider is adjustments. These are expenses the seller has already paid for, but you'll be responsible for once you take ownership of the property. Adjustments may include property taxes, utility bills, or condo fees. Be sure to ask your lawyer or real estate agent about any adjustments that may be applicable to your purchase.   Utility Setup You may need to pay for utilities such as electricity, water, and gas to set up your new home. These are essential services that require activation and connection to ensure a smooth transition into your new residence. The costs associated with these utilities will vary depending on your location and the specific service providers in your area.   Q: How do I know which utility providers to contact and set up services with on closing day? A: Typically, the seller or the seller's real estate agent should provide you with a list of the current utility providers for the property. If that information is not available, you can contact the local municipality or utility company to inquire about the providers in your area. Additionally, you can ask your real estate agent or do some research online to find out which utility companies serve your specific location.   Moving Expenses Finally, let's talk about moving expenses. Depending on how far you're moving and how much stuff you have, hiring a moving company or renting a truck can be a significant expense. Make sure to budget for this and start getting quotes early to find the best deal. You may also want to consider packing your belongings yourself to save some money.   Q: How can I save money on moving expenses? A: You can save money on moving expenses by getting quotes from different moving companies, renting a truck instead of hiring a company, and packing your belongings yourself. ### [Benefits of Life in a 55+ Community](https://www.sarniaproperty.com/blog_read/benefits-of-life-in-a-55-plus-community)   Are you ready to enjoy your retirement years and looking for a housing solution that offers affordability, low maintenance, social opportunities, and security? Consider buying a home in a 55+ community. In this article, we’ll take a look at the benefits of living in a 55+ community and how it can benefit you.   Amenities Galore When you buy a home in a 55+ community, you gain access to various amenities that you might not find in an independent house. Most of these communities come with recreational facilities such as swimming pools, fitness rooms, golf courses, and more. These amenities save you time and money since you don't have to travel elsewhere to enjoy them. If you are looking for a community that offers top-notch amenities, Sarnia-Lambton has several options. For instance, the Bluewater Country community offers a range of activities for residents.   Low Maintenance Another great benefit of living in a 55+ community is low maintenance. Depending on the community, some daily maintenance tasks such as mowing the lawn, cleaning gutters, and shoveling snow could be taken off your plate. That's because these communities have staff members who take care of the upkeep for you. This way, you get to enjoy your retirement without worrying about tedious maintenance tasks.   Social Opportunities One of the best benefits of living in a 55+ community is the social opportunities it provides. These communities host various gatherings such as game nights, holiday parties, and other events that bring residents together. It's an excellent way to meet new people who share similar interests and forge meaningful friendships. Social activities are especially essential for retirees who might be feeling isolated or disconnected.   Security Most 55+ communities offer secure environments since they are often gated or monitored by security staff. If safety is a concern for you, living in a 55+ community could be a great option for peace of mind. In a secure environment, you can enjoy your retirement without worrying about the safety of your property or loved ones.   Lower Living Costs Living in a 55+ community is often more affordable than purchasing an independent residence. From the purchase price of your home to the monthly fees for amenities and utilities, these communities generally offer a budget-friendly lifestyle. This way, you can enjoy your retirement without worrying about financial strains.   FAQs Q: What types of homes are available in 55+ communities? A: 55+ communities offer a range of housing options such as single-family homes, condos, townhouses, and more. The homes' size and style may vary depending on the community's location and amenities.   Q: Can I have guests in my 55+ community? A: Yes, you can have guests in your 55+ community. However, the rules regarding guests may vary depending on the community. It's essential to check with the community management to know their guest policy.   Q: What happens if I or my partner falls ill while living in a 55+ community? A: Most 55+ communities have an on-site medical staff that can provide basic medical care or emergency services. In case of serious illnesses or injuries, residents may need to be transported to a nearby hospital or healthcare facility.   Q: What are the age restrictions for 55+ communities? A: Most 55+ communities require at least one resident to be 55 years or older. However, some communities may have different age requirements or exemptions for younger residents, such as disabled adults or children living with older adults.   Q: Can I bring my pets to a 55+ community? A: Pets policies may vary from one 55+ community to another. Some communities may allow pets, while others may have specific rules regarding pet ownership, such as size or breed restrictions. It's important to check with the community management to know their pet policy. ### [7 Pitfalls to Avoid When Selling Your Home](https://www.sarniaproperty.com/blog_read/7-pitfalls-to-avoid-when-selling-your-home)   Selling a home can be a daunting task, and many homeowners are often unaware of the potential pitfalls that may arise throughout the process. However, by understanding and preparing for these issues, you can increase your chances of a successful sale. In this article, we'll take a look at some of the most common problems that sellers may face, and provide tips on how to avoid them.     Lowball Offers One of the most frustrating aspects of selling a home is receiving lowball offers. These are offers that are significantly below the asking price, often made by buyers who are trying to negotiate a better deal. To avoid this, it's important to price your home realistically based on market conditions and comparable sales in your area. A professional real estate agent can help you determine the right price for your home, and advise you on how to market it effectively.   Delays in Closing Delays in closing can be a major headache for sellers, as they can lead to additional costs and inconvenience. To avoid this, it's important to work with a reputable real estate agent who can help you navigate the legal and logistical aspects of the sale. They can help ensure that all necessary paperwork is in order and that the closing process goes smoothly.   Hidden Defects Hidden defects in your home can cause a lot of problems for sellers. They can result in buyer complaints and even legal action. To avoid this, you may want to consider having a thorough home inspection prior to listing your property to uncover any potential issues. Many buyers will include a home inspection clause regardless, but this shows you've put in effort and can let you address any necessary repairs before putting your home on the market, or be transparent about any issues that you cannot afford to fix.   Buyer's Financing Falling Through A buyer's financing falling through can be a major setback for sellers, especially if they have already made plans to move out of their home. To avoid this, have the buyer provide a letter of pre-approval from a lender, or consider offering owner financing. This can help ensure that the buyer is financially qualified to purchase your home.   Backing Out of the Deal Another potential issue for sellers is the buyer backing out of the deal at the last minute. This can be a major inconvenience, as it can cause delays and even result in legal action. To avoid this, have a solid contract in place that clearly outlines the terms of the sale and the consequences of backing out. This can help ensure that both parties are committed to the sale. This is also why its so key to have an agent who is on the ball.   Unforeseen Expenses Unforeseen expenses can be a major problem for sellers, especially if they are already in a tight financial situation. To avoid this, be transparent about the condition of your home and any necessary repairs, and set aside funds to cover unexpected costs. This can help ensure that you are prepared for any unforeseen expenses that may arise during the sale.   Legal Disputes Finally, legal disputes can be a major headache for sellers, as they can lead to costly legal fees and delays in the sale. To avoid this, work with an experienced real estate lawyer who can advise you on the legal aspects of the sale and help resolve any disputes that may arise. This can help ensure that the sale goes smoothly and that you are protected in the event of any legal issues. ### [APRIL 2023 | HOME MAINTENANCE CHECKLIST](https://www.sarniaproperty.com/blog_read/april-2023-home-maintenance-checklist) APRIL 2023 | HOME MAINTENANCE CHECKLIST Hello (almost) Spring! As we move into the warmer months ahead, we suggest you take initiative and tackle these to-do list items recommended by our friends at Alberta New Home Warranty! There are many important homeowner duties to fulfill between our intense Winter and Spring seasons!   Adjust Your Humidity! Change humidity level on humidifier to around 40 per cent when warmer weather arrives. Each home is different, adjust accordingly! Read our humidity blog for more! Check Eavestroughs & Downspouts The volume of rain an eavestrough can handle is altered when the eavestrough is clogged with obstructions such as leaves or surface particles from asphalt shingles. Dented or bent downspouts will also slow the flow of water. Remove debris from your eavestroughs each spring, so water can move efficiently from the roof and away from your home’s foundation. Inspect Basement for Water Issues Moving surface water away from your foundation is the best way to protect your home from water penetration. Make sure you are prepared to manage water if it does enter the basement. Check your sump pit and pump in the spring and fall to ensure the pump is operational, the power cord is in good shape, the pipes are connected, and the pump turns on when the float is lifted. As a homeowner, you are responsible to make sure systems put in place by your builder are maintained and working as intended to prevent unnecessary water damage to your property. Inspect Roof Shingles Following harsh weather and wind, homeowners are encouraged to check for loose, broken, or missing shingles. Builders are not responsible for repairing storm-related damage. A damaged roof should be repaired as soon as possible to prevent leakage into the interior of your home. Check for Soil Settlement at Foundation Standing water near a home’s foundation can find its way into the basement. For this reason, it’s critical to drain pools of water as soon as possible. Homeowners are responsible to maintain drainage systems/strategies that move water away from their homes and away from neighbours’ properties. This can be accomplished by filling areas that have settled. A lot is graded for drainage during normal rainfall, but heavy or prolonged rain may result in standing water. Areas excavated during construction (e.g. utility trenches or basement areas) are more susceptible because they often settle over time, forming areas where water can collect and cause leakage problems. To fill these settled areas (also called depressions), remove the topsoil and fill the depression with compacted clay—not topsoil. Topsoil absorbs water like a sponge and the water will simply drain through it and collect again when it reaches the clay layer located just below the topsoil. Inspect Driveways & Walkways for Cracking Seasonal temperatures and varying precipitation may cause cracking in your sidewalks and driveway. Frost penetration can also cause heaving or settlement and change the direction of surface drainage. Sometimes, damaged areas return to their original position in warm weather. In most cases, these issues are beyond the control of the builder. Seal your concrete annually to increase its longevity. Clean Filters on Central Ventilation Systems (HRVs) A Heat Recovery Ventilation system, or HRV, is one of the best ways to remove excess indoor humidity in your home while also improving your air quality.  A simple way to keep HRV running smoothly and efficiently is by regularly cleaning the filters. Clean Intake Vent Screens With a forced-air heating system (furnace with ducting), fresh air is brought into the home from an intake vent located near the ground at one side of the home. Ensure this vent is clear from debris. Check & Test CO Detector Batteries Carbon Monoxide (CO) is a colourless, odourless gas. You can’t see, taste, or smell it. CO is a common by-product of the burning of natural gas, gasoline, and solid fuels (wood, pellets, etc.). Fireplaces that are properly installed, maintained, and operated will produce little CO. However, if anything disrupts the venting process (such as a bird’s nest in a chimney) or restricts the oxygen to a gas burner, CO production can quickly rise. Make sure you read the owner’s manual for your CO detector, so you know what level of CO your model is capable of sensing. You should also know what your CO detector alarm sounds like. Check & Test Smoke Detector Batteries Test your smoke detectors monthly by pressing the ‘test’ button. An American study found that when a home smoke detector fails, it tends to fail totally as opposed to a creeping failure (e.g. loss of sensitivity over time). Regular testing will find a faulty detector quickly and ensure your family is protected. Clean Range Hood Filters Kitchen range hoods are an important part of your home’s ventilation system. They remove odours and improve indoor air quality. Cooking also generates significant airborne moisture which can cause window condensation and mould. A range hood helps draw this moisture out of the home. Filters in the throat of the hood must be kept clean to keep your fan running efficiently and quietly. Some range hood fans are interconnected with the operation of the furnace fan. To ensure this feature continues to work, you must keep the sensor located in the throat of the hood clean. Maintenance or replacement of filters should be in accordance with the manufacturer’s recommendations. Most kitchen exhaust fans have sealed bearings and do not require lubrication.   Blog from: https://www.landmarkhomes.ca/edmonton/blog/279/april-home-maintenance-checklist  ### [What's going on this weekend? April 21st - 23rd](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-april-21st-23rd) What's going on this weekend? April 21st - 23rd April 21 | Coffee Time | 460 Christina St. N West Lambton Community Health Centre invites you to Coffee Time on Fridays from 10:30-11:30 a.m. at the Cardiac Rehab Site-460 Christina St. N. Parking at the back of the building, off of Maxwell. Join us for coffee and conversation, free of charge. Anyone is welcome to attend! To register, call 519-344-3017 ext. 259 or email cdougan@nlchc.com   April 22 | Sarnia Plant Swap | Imperial City | 12pm Sarnia Plant Swap and Reptiles 2023 is our first inaugural event taking place on April 22nd (Earth Day) from 12-6pm at Imperial City Brew House in Sarnia, Ontario.   What to look forward to:  Collectible merchandise  Live MC from Real Deal Events Pet friendly  Reptile section Swap unwanted plants for new ones Try out a craft brew or kombucha Join our community!  Win prizes! Tier levels -  VIP -  Bring as many plants as you have to swap and get your very own table ranging from 4ft - 6 ft *based on availability*  VIP receive a special lanyard for the event and can be picked up prior ( Emails to follow)   Intermediate - Bring a bag, box, or arms full of plants (Does not include table or free swag)  General admission - Come as you are, check out the event, no plants to swap. Can purchase plants, merchandise, or drinks.   Volunteer or sponsorship opportunities email us at: SarniaPlantSwap@gmail.com   April 22 | Thrive Charity Concert | Big Fish | 6pm Only 65 Tickets to be sold! Join us on Saturday, April 22, 2023, from 6:00 - 10:00 pm EST at the Big Fish Lounge in Sarnia for a private charity concert event hosted by Eddie & Lerryn DeJong / Small Group Therapy. All proceeds will support Thrive for Good's Life Garden projects in Rwanda. What to Expect at this Event: A classy evening of mellow live music Fine appetizers supplied by Big Fish included in your ticket price Comfortable seating Drinks will be available for purchase during the concert Great atmosphere and wonderful people Program: Doors open at 6:00 PM Music Set 1: 6:30 PM - 7:30 PM Break from 7:30 PM - 8:00 PM - A short presentation about Thrive and the progress in Africa Music Set 2: 8:00 PM- 9:00 PM Social hangout from 9:00 PM - 10:00 PM Doors close 10:00 PM Your $50 ticket covers your evening of music and appetizers with the exception of beverages. If you choose, there is an opportunity to learn about Thrive for Good and the work being done in Africa. There will be charity staff present, as well as an opportunity to financially partner with Thrive. Tax receipts will be available for any donations made at the event or through Thrive. About Thrive: Two billion people don’t get the life-giving nutrients they need to reach their full potential. Thrive empowers communities with the training and simple tools they need to sustainably grow an abundance of healthy, organic, disease-fighting foods for life resulting in alleviation of extreme poverty. Learn more about Thrive for Good on their website at: https://thriveforgood.org/   April 23 | The Great Benjamins Circus | Wallaceburg COME CHECK OUT: high-flying aerial acts head-spinning jugglers death-defying high-speed motorbikes in the cage of death stunning acrobatics, hilarious clowns, and more. Great Benjamins Circus is a family-friendly event aimed at providing a memorable experience for the whole family! Look out for free child coupons at a school or daycare near you. ### [Home Staging for Open Houses](https://www.sarniaproperty.com/blog_read/home-staging-for-open-houses)   Staging Your Home for an Open House If you are looking to sell your home, one of the most important things you can do is to stage your home for an open house. Staging your home can help attract more potential buyers and ultimately lead to a higher selling price. Here are some simple steps to help you stage your home for an open house.   Declutter The first step in staging your home is to declutter. Remove any unnecessary items from surfaces, shelves, and closets. This will make your home appear larger and more spacious. Potential buyers want to envision themselves living in the space, so it's essential to remove any personal items that might distract them from imagining themselves in the home.   Clean Clean every inch of your home. Dust, mop, and vacuum to make sure your home is spotless. Clean windows and mirrors to let in natural light. When potential buyers come to view your home, they will be scrutinizing every corner, and a dirty or messy house will make a bad impression on them.   Rearrange Furniture Rearrange furniture to create a more open and inviting feel. Move furniture away from walls and create conversation areas. You want to create a layout that flows smoothly and shows off your home's best features. Rearranging your furniture can make your home feel more spacious and show off any unique architectural features.   Add a Fresh Coat of Paint A fresh coat of paint can make a big difference in the appearance of your home. Choose neutral colors that will appeal to the majority of buyers. Bold colors or trendy patterns may not be to everyone's taste, so it's best to choose a color scheme that is neutral and will allow potential buyers to envision their own furniture and decor in the space.   Accessorize Accessorize your home with subtle touches such as fresh flowers, scented candles, and decorative accents. Make sure to remove any personal items such as family photos or religious artifacts. The goal is to create a warm and inviting atmosphere that appeals to the majority of buyers.   Create a Warm and Inviting Atmosphere Make sure your home feels warm and inviting by adjusting the lighting and temperature. Turn on lamps, open blinds, and set the temperature to a comfortable level. Creating a cozy atmosphere can help potential buyers feel more comfortable and envision themselves living in the space.   Consider Hiring a Professional Stager If you're not sure how to stage your home, consider hiring a professional stager. They can help you create a cohesive and appealing look for your home that will attract potential buyers. A professional stager will have the expertise to create a space that showcases your home's best features and appeals to a broad range of potential buyers.   FAQs   Q: What are the benefits of staging your home for an open house? A: Staging your home can attract more potential buyers, create a higher selling price, and decrease the time your home spends on the market. A staged home can help potential buyers envision themselves living in the space and can make your home more memorable among a sea of properties they may be viewing.   Q: How much does it cost to stage a home for an open house? A: The cost of staging a home varies depending on the size of the home and the extent of the staging. DIY staging can be done relatively inexpensively, while professional staging can cost anywhere from a few hundred to several thousand dollars. It's important to weigh the potential benefits against the cost and decide what is best for your particular situation.   Q: Can I stage my home myself, or do I need to hire a professional stager? A: You can stage your home yourself by following the simple steps listed above. However, if you're not confident in your ability to stage your home effectively or want to ensure that your home looks its best, consider hiring a professional stager. A professional stager can provide an objective perspective on your home and create a cohesive look that appeals to a broad range of potential buyers. They also have access to a wide range of furniture and decor items that can enhance your home's appearance and make it stand out from other properties on the market.   Q: How far in advance should I stage my home for an open house? A: You should stage your home well in advance of your open house to give yourself enough time to make any necessary repairs or updates. Ideally, you should start staging your home a few weeks before your open house. This will give you time to declutter, clean, and make any necessary repairs or updates. It will also give you time to work with a professional stager if you decide to hire one.   Q: What should I do with my pets during the open house? A: It's best to remove your pets from the home during the open house. Even if your pets are friendly, some potential buyers may be allergic or uncomfortable around animals. You can either take your pets with you during the open house or have a friend or family member watch them for the day.   Q: What should I do with my personal belongings during the open house? A: It's best to remove any personal belongings, such as family photos or religious artifacts, from your home during the open house. You want potential buyers to envision themselves living in the space, and personal items can be distracting. You can either pack up your personal belongings and store them off-site or rent a storage unit to hold them temporarily. ### [Outdoor 2023 Patio Trends](https://www.sarniaproperty.com/blog_read/outdoor-2023-patio-trends)   Top Ten Patio Trends for 2023 A Dreamy Garden Shed (That Doubles as an Office) As Virginia Woolf once said: “A woman must have money and a room of her own if she is to write” (preferably with a good coffeemaker and manservant). Ok, maybe not that last part. This glorious garden shed doubles as a home office. Floral designer and author Cynthia Zamaria transformed the once-shabby orange-wood shed using buckets of black paint and accessories, including a brass lion’s-head door knocker and linear sconces. Related: 15 Timeless Backyard Ideas and Trends to Make You Fall Back in Love With Your Yard   WEBER 2 / 11 A Compact Grill Situation Barbecue shouldn’t only be for lunch of dinner. Switch up breakfast by carting the eggs outdoors. For those with limited outdoor space, this adorable Lumin Electric Grill by Weber — also available in cheery yellow — does the trick. It sports a flat-top grilling surface, which means you ca actually cook a sunny-side up egg on it. Related: 55 Beautiful Backyard Ideas   VIEWS BALCONY BAR 3 / 11 A Stylish Balcony Bar This sturdy, space-saving slab for drinks and snacks is exactly what every condo dweller needs. Crafted from acacia wood, the bar is also fab on a front porch. Vancouver founder Ashley Boey says her versatile Views Balcony Bar even functions “as an outdoor workspace while on zoom calls.” And it flips down when not in use. Related: 15 Balcony and Front Porch Design Ideas We Want to Steal   SAMSUNG 4 / 11 A Tech-ed Up Pergola Turn your pergola into a cinematic zone by installing a fancy, thin Samsung TV, like interior designer Stacey Cohen did in her backyard. Light the candles, pour the drinks, grab the popcorn. Bliss! Related: Unique Ideas to Make Over Your Small Outdoor Space for Under $100   IRIS BENAROIA 5 / 11 An Under-The-Sky Living Room Got a deck? Think of it as an extension of your home and start furnishing it like you would an indoor room. In this deck makeover, simple string lights, a rug, a clean-lined sofa-and-chair combo and EQ3 accessories pull the snazzy look together. Related: Tour Pamela Anderson’s Completed Ladysmith Home   AMAZON 6 / 11 An Injection of Interesting Lighting In interiors, lighting is everything — it can kill the mood, or heighten it. The same thinking applies outdoors. Give your outdoor space a glow up, so you’re not stumbling over things as night falls. We love the simple shape of these dimmable, illuminated LED globes. Related: 13 Tasteful Ways to Decorate With String Lights   GETTY IMAGES 7 / 11 A Privacy Screen Privacy screens establish a barrier between you and your neighbours, creating a cocooning experience outdoors. They also add textural punch. Layer in plants, too, in varying heights, and that small space will look mighty grand. Related: 10 Clever Condo Den Styling Secrets You Need to Know   WEST ELM 8 / 11 An Array of Organic Planters Too-perfect planters can feel flat indoors or out. That’s why we’re chuffed to see misshapen, hand-crafted vessels, in black or terracotta, having a moment right now. These beauties from West Elm lend a collected-over-time feel to a patio — the protruding ridges are striking details.   LULU AND GEORGIA 9 / 11 A Fab Outdoor Rug Designers often talk about anchoring a space. That means zoning off an area by containing it, as seen in this charming set-up that’s all about that Yamina rug by Lulu and Georgia. The size and softly dynamic print perfectly brings the vignette together, so it doesn’t feel like the furniture is floating on the deck. Related: 10 Affordable Wayfair Canada Rugs You Need to Shop Now   HGTV CANADA 10 / 11 Modern Firepits and Tables A fire pit or fire table is one of the few products that you can enjoy  all four seasons. For this reason, it’s worth investing in one that looks sleek and modern enough to enjoy for years to come. See more of how Sebastian and his Gut Job team with transformed a once barren backyard into an urban oasis.   SABRINA STAVENJORD 11 / 11 A Delectable Grazing Board Hungry yet? Grazing boards will continue to be a big hit for outdoor entertaining. Pile on the fruit and cheese and get your snack on. That means compiling wooden charcuterie boards. These ones are nice — or use other big platters made of ceramic or plastic. Pssst: The dollar store is your friend here. Another good spot to scour: flea markets, where someone else’s beat-up cutting board is your perfect find. ### [7 Interior Design Trends](https://www.sarniaproperty.com/blog_read/7-interior-design-trends)   Bring the Outdoors Inside Nothing says summer like lush green trees and blooming flowers. To bring your home into harmony with the summer interior design trends in 2023, try decorating with tall, standing house plants, like a monstera or a snake plant. These sturdy house plants are like living art, adding a vibrant pop of color to any room. If you don’t have a green thumb, try to use realistic-looking fake plants. That way, you can feel like you have a little piece of a garden in your home, yet never worry about forgetting to water the plants. Or, if the view out of your windows are obscured by curtains and drapery, consider tucking away those extra layers for next winter. Now that the trees outside have fully bloomed again, why obstruct your view of nature’s beauty? If you’re lucky enough to get sunlight shining through a window in your kitchen, consider the summer a perfect opportunity to grow a window sill herb garden! Nothing represents the ideal intersection of function and style better than a decoration that you can also add to your lunch. No matter what the season, one thing is for sure: plants will never go out of style.  2. Get Artsy Let’s be real – any season is the right time to paint an accent wall. But, if you trudged through the dreary winter with your white-walled living room, then maybe now is the time to bring out your oldest t-shirt and jeans and get painting! Primary colors like red, yellow, and royal blue are in vogue right now, giving your space a chic, mod-style vibe. If you’re not ready for a major painting project, yet still seek to embrace your inner artist, try searching for a bold print or artwork to hang on your wall. If you’re on a budget, check out craft stores for inexpensive frames and art prints – the bolder and brighter, the better. If you have a bit more financial wiggle room, why settle for a print when you can get the real thing? Peruse the local galleries in your town, and maybe you’ll score a one-of-a-kind original painting by a local artist from your area. Not only will you immediately add flavor and culture to your home, but you’ll have an instant conversation starter for your guests.   3. Metallics Shine Who doesn’t love a bit of glitz and glam? This season’s summer interior design trends embrace warm metallics, like bronze, copper, brass, gold, and rose gold. When it comes to metallic accents, get creative. Think candleholders, picture frames, lampshades, decorative bowls, plant pots – let it all shine! As you apply these metallic summer interior design trends, feel free to mix and match different tones. For example, if your kitchen is already loaded with your favorite stainless steel appliances, try matching that cool-toned silver with a warmer bronze color for your dishes, silverware, sink hardware, wine rack, or cabinet door handles. If your home is sporting that classic all-white look, make it modern with the summer interior design trends of 2023 – add bright bronze or rose gold accents, breathing new life into a tired, monochromatic room. If you’re on a budget or seeking a craft project to keep you busy, consider adding these metallic accents yourself – buy some metallic paint and get busy painting your existing candle holders, plant pots, picture frames, and other decors. 4. Classic Blue The 2023 Pantone Color of the Year is Classic Blue, solidifying this cool trend on every interior designer’s radar. For those who follow interior design trends, this color choice for the summer is no surprise – colors like royal blue and navy blue have been gaining popularity. For example, while the all-white kitchen used to be a classic, now, we’re seeing navy blue cabinetry with golden hardware in the trendiest kitchens. Though it may seem surprising at first, this trend is here to stay, so naturally, it’s cropping up in the top summer interior design trends for 2023. While blue accent walls and dishware are popular year-round, use the summer as a chance to think a bit more outside of the box when it comes to this stylish hue. If you’re confident enough to make kitschy designs feel cool and new, consider incorporating subtle nautical elements into your interior design. Match natural wooden furniture with a striped navy blue rug or throw pillow covers. Then, complement the blue hue with bold red dishware. If you’re not wooed by the idea of life at sea, maybe you’d prefer to stay on the beach. While beach-themed summer interior design is a bit passe, you can make a subtle nod to the tropical lifestyle with gorgeous seashell decorations, like potpourri, wall art, and fabric prints. 5. Boho Chic As the seasons change, Boho Chic also moves in and out of style. But, for the top summer interior design trends in 2023, we’re seeing this classically casual vibe swing back into our homes. Have a musician in the family? Hang instruments like guitars and ukuleles on the wall, creating an artsy, bohemian vibe. Balance out light-wash wooden furniture with decorative fiber art pieces, like woven textiles or dreamcatchers. This summer interior design trend complements other trends, like the use of classic blue, indoor plants, and metallics – but, if you’re going for a boho chic vibe, take these trends a step further by adding brightly colored throw pillows and blankets in hues like a dark pink. When designing in the boho-chic style, it’s easy to descend too far into a 1960s nightmare – skip the psychedelic tapestry (you’re not in a college dorm!) and instead, choose decor made from fibers or wood, like woven baskets. If you’ve ever wanted a uniquely patterned, colorful area rug, let the boho-chic style inspire you to make a statement with your choice. 6. Bold Patterns Whether it’s florals or animal prints, the right pattern can change the ambiance of a room. This summer’s interior design trends favor prints that emphasize color contrasts. Think boldly, and consider options like a two-tone geometric rug, or an up-close print of a flower. When in doubt, larger scale prints beat smaller ones – opt for a pillow cushion with a handful of palm trees and pineapples decorating the surface, rather than a granny chic print of tiny daisies. It’s summer, after all, so don’t be afraid to get a bit kooky with Art Deco-inspired flamingo prints – just don’t overdo these kitschy, seasonal styles, or else you’ll feel like a cartoon character in your home. In minimalist interiors, the right choice of bold patterns can elevate your style while reserving an elegant simplicity. If you’re up for the challenge, you might even consider using mixed patterns in similar color palettes – perhaps a tropical print could match a thin, subtle striped print. You’ll never know until you try it out!  7. Shabby, Yet Classy Though vintage styles may seem like a throwback, that well-worn look never gets old. The cozy, worn-in styles of shabby chic interiors are making a comeback in the summer interior design trends for 2023. To follow this summer interior design trend, you’ll want to make new furniture look like antiques. Whether you buy it or DIY it, wooden tables and chairs with distressed paint finishes will give your home a rustic, comfortable feel. In particular, distressed paint finishes in whites and pastels are popular, and pleasantly bright. Complement the shabby chic style with house plants and earthy colored couch cushions and rugs – think shades like olive green or mauve. Mix this style with the metallic summer interior design trends and combine what’s shiny and new with what’s well-worn – bright gold hardware and shabby chic cabinetry make a great pair. Conclusion The top summer interior design trends in 2023 mirror what’s in style year-round – but, it’s good practice to shake things up a bit in your home every once in a while. As the sun comes out and the trees get greener, consider throwing some bold colors and patterns into your interiors. If you’re not afraid of a retro vibe, try out the shabby chic or boho-chic styles, which can be cozy and fun, yet classy. Even small changes like new photo frames or throw pillows can make a difference. By following the top summer interior design trends, you’ll feel refreshed and inspired in your home.   ### [What's going on this weekend? April 28th/29th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-april-28th29th)   What's going on this weekend? April 28 | Empty Fest 2023 | Maud's Variety Are you looking for a fun night? Visit Maud's this weekend for Empty Fest 2023 | learn more: https://www.bandsintown.com/f/119867?came_from=251&utm_medium=web&utm_source=city_page&utm_campaign=festival    April 29 | MUDMEN at Refined Fool Brewing Co. The Refined Fool Brewing Co Presents Mudmen 25th Anniversary Tour Enjoy an evening if Celtic music & stories from Canada's Celtic Rock Warriors Tixs $20.00 contact 519 704-1665 www.refinedfool.comDoors 7:00pm 8:00pm Show Wear your plaid shirt to show your Mudmen support With over 3000 shows to date Ron MacLean loves'em you should too! This is a LLBO Event www.mudmen.ca April 29 | 3rd Annual Spring Show & Sale Carpenters Local 1256 are proud to present the 3rd Annual Big Brothers Big Sisters of Sarnia-Lambton SPRING Show & Sale!ONE DAY ONLY!Admission - $7.00 (12 & under free)Saturday, April 29th - 9:00-5:00PM   April 29 | BREN at Two Water | 7pm - 10pm One man band BREN performs live music by layering drums, bass, guitar and vocal loops for a full and dynamic sound. Including original music & hits from the 1960's to 2020!   ### [What's going on this weekend? May 5th-7th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-may-5th-7th) What's going on this weekend? May 5th | Tarzan: The Stage Musical | Imperial Theatre Based on Disney’s epic animated musical adventure and Edgar Rice Burrough’s Tarzan of the Apes, Tarzan features heart-pumping music by rock legend, Phil Collins, and a book by Tony Award-winning playwright, David Henry Hwang. High-flying excitement and hits, like the Academy Award winning “You’ll Be in My Heart,” as well as “Son of Man” and “Two Worlds,” make Tarzan an unforgettable theatrical experience. Washed up on the shores of West Africa, an infant boy is taken in and raised by gorillas who name him Tarzan. Apart from striving for acceptance from his ape father, Tarzan’s life is mostly monkey business until a human expedition treks into his tribe’s territory, and he encounters creatures like himself for the first time. Tarzan struggles to navigate a jungle, thick with emotion, as he discovers his animal upbringing clashing with his human instincts. Learn more: https://imperialtheatre.net/show/tarzan/  May 6th | Spring Fling Bazaar | 120 Russell St. S Emmanuel Presbyterian Church120 Russell St S(Formerly Patterson Memorial) Spring Bazaar featuringBaked goods, Gently used jewellery, Deli table, Used books And more. $2 admission includes refreshments learn more: https://thesarniajournal.ca/event/spring-fling-bazaar/    May 6th | Kentucky Derby party for Mental Health Kentucky Derby party for Mental Health Get ready for a good time this May 6th at the Sarnia Riding Club. We are holding our 2nd Annual Kentucky Derby party this year for the new Mental Health Youth Access Centre in Sarnia. 4-8pm $100 Cocktail party Wearing hats a must Refreshments, music, auction, pick the winning horse!  Learn more: https://thesarniajournal.ca/event/kentucky-derby-fundraiser/    May 7th | 2023 Bluewater Anglers Salmon Derby  Fri, Apr 28, 12:01 AM Bluewater Anglers • Point Edward, ON Starts at CA$32.84 The Bluewater Anglers and The Village of Point Edward     ### [April 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/april-2023-housing-market-update-for-sarnia-lambton)   Sales: 152 (+10.1% from April 2022)   Dollar Volume: $87,413,762 (+7.6% up from April 2022)   New Listings: 184 (-8.9% from April 2022)   Active listings: 300 (-105.5% from April 2022)   Average Price: $575,091 (-2.3% from April 2022)   Sale to List Price Ratio: 98.7 (114.2 in April 2022)     Breakdown by Area   Sarnia North End: Active Listings: 74 Sold: 50 Conditionally Sold: 3 Average Sale Price: $696,530   Sarnia South End: Active Listings: 42 Sold: 49 Conditionally Sold: 8 Average Sale Price: $399,408   Bright's Grove: Active Listings: 11 Conditionally Sold: 1 Sold: 5 Average Sale Price: $812,000   Forest: Active Listings: 11 Conditionally Sold: 1 Sold: 2 Average Sale Price: $458,000   Plympton-Wyoming: Active Listings: 35 Conditionally Sold: 2 Sold: 8 Average Sale Price: $1,096,900   Petrolia: Active Listings: 9 Sold: 7 Conditionally Sold: 4 Average Sale Price: $571,712   Corunna: Active Listings: 24 Sold: 9 Conditionally Sold: 2 Average Sale Price: $552,477   St. Clair Township (excluding Corunna): Active Listings: 32 Sold: 14 Conditionally Sold: 3 Average Sale Price: $520,156 ### [What's going on this weekend? May 19th - 21st](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-may-19th-21st)   What's going on this weekend?   May 19th | Refined Fool Karaoke Night | 137 Davis St. Do you like Karaoke? Who doesn't like to sing their fave songs in front of random strangers?!Join us the third Thursday of the month for Karaoke Night Refined Fool style.Hosted by our own Davey DooStarts at 8pm learn more: https://www.refinedfool.com/   May 19th | The Ice Creamery | 1st day of the season! The Ice Creamery is finally open for the 2023 summer season! Stop by and say hi! 158 Nelson St.Sarnia, OntarioN7T-5H3   May 20th | Planter-Palooza | DeGroots Nurseries | 11am Learn the basic design elements of planting a container, and then be inspired to let your creativity loose! Receive a $25.00 DeGroot's Gift Card. Limit 10 Participants https://www.eventbrite.com/e/planter-palooza-tickets-537677025457    May 21st | Petrolia Legion Breakfast | 9am - 1pm Come on out to the petrolia legion!   ### [Great Places to Eat in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/great-places-to-eat-in-sarnia-lambton)   Welcome to the Sarnia-Lambton culinary scene, a gastronomic paradise brimming with tantalizing eateries. As we guide you through this savory journey, allow us to be your food compass, showcasing the rich array of dining experiences nestled within this charming Canadian locale.     Sarnia-Lambton mornings are blessed with an assortment of delightful breakfast venues. You can kick start your day with a filling breakfast at the quaint Ole Country Diner or the trendy Overflow Café. Food enthusiasts seeking a distinctive culinary twist should visit Mad Munch or Sofia's Diner.   Are your taste buds itching for some Southeastern zest? Salinas Southeast Café is your go-to spot. And for coffee connoisseurs, Coffee Culture is a dream come true, brewing a variety of rich, aromatic blends.   Lunchtime in Sarnia-Lambton provides a palette of sumptuous options. From the flavorsome dishes at Bad Dog and Reggae Café, to the authentic Middle Eastern cuisine at Barakat, the choice is yours.   For those seeking plant-based nourishment, Greens Organic Café in the heart of downtown is a must-visit. Meanwhile, the Under Wraps Mexican eatery, featured in our Blue Coast Bites series, serves delectable, fresh, and wholesome dishes.   When it comes to enjoying a pint with your meal, consider Tin Fiddler or Big Family, conveniently located near the Blue Coast Realty office, providing spectacular views of the Sarnia Bay. For fish, try Perry's Fish and Chips or Purdy’s Fish Fry, and for pizza try Firenzi's Pizza or Giresi’s.   As the sun sets, Sarnia-Lambton's dinner venues don't disappoint. Big Fish Steak & Lounge, another star in our Blue Coast Bites series, offers an unparalleled dining experience. Other stellar options include Olive's, Sicily, Wagg's, Twisted Arm, and Los Puntos Cantina in Point Edward, boasting a variety of dishes and an impressive tequila collection.   This quick glimpse into Sarnia-Lambton’s culinary scene is only the appetizer. We've also lined up delectable experiences beyond the city limits, at places like Alton Estates, Stonepicker Brewing Company, Shale Ridge Estate Winery, and Twin Pines Orchards & Cider House, among others.   In addition, Sarnia-Lambton eateries are part of a vibrant community, often playing host to various local events, gatherings, and celebrations. They're not just places to eat; they're communal spaces where people come together, fostering a sense of community that makes Sarnia-Lambton feel like home.   We hope this food lover's guide to Sarnia-Lambton has whet your appetite for the exceptional dining experiences awaiting in this corner of Canada. Remember, this is merely a teaser of the gastronomic wonders hidden within Sarnia-Lambton. ### [What's going on this weekend? June 2nd - 4th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-june-2nd-4th)   June 2nd | Sunset Cruisin Night | Duc D'Orleans II | 7:30pm Sunset cruise on DUC D’Orleans boarding tickets $30 Music by 10 Beach Drive in support of O’Hana Landing - transitional housing located in Sarnia for youth 16 to 24 Call Terry for tickets   June 3rd | Eric Johnston @ Imperial City Brew House The Eric Johnston “UnstopaBULL” Summer Comedy Tour LIVE in Sarnia Come on out to Imperial City Brew House!   June 3rd | 50s Retro party and Sock Hop | 7pm 50s Retro party and Sock Hop Sock Hop dance featuring music from the 50s and 60s.Includes a costume contest, door prizes, penny auction, root beer floats and snacks.This is a fundraiser for the 100km walk in Calgary next September, with 100% of proceeds going to Kidney Foundation of Canada Kidney March. Also check out other Parties in Sarnia, Entertainment Events in Sarnia, Nonprofit Events in Sarnia. Learn more: https://allevents.in/sarnia/50s-retro-party-and-sock-hop/200024384786245    June 4th | Trio - Plus 1 at Mauds | 2pm - 5pm Byron Harrett will be joining us on saxophoneWe’re also welcoming back Jimmy Allen on BassTim Tanner- drumsGene Norland - guitarPlus an INCREDIBLE assortment of world class beer  ### [May 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/may-2023-housing-market-update-for-sarnia-lambton)     Sales: 163 (+10.4% vs May 2022)   Dollar Volume: $90,843,203 (-12.7% vs May 2022)   New Listings: 280 (+8.9% vs May 2022)   Active Listings: 345 (+81.6% vs May 2022)   Average Price: $557,320 (-2.6% vs May 2022)   Sale to List Price Ratio: 99.2% (vs 107.2% in May 2022)   Sarnia North End: Active Listings: 84 Conditionally Sold: 8 Sold: 37 Average Sale Price: $578,663   Sarnia South End: Active Listings: 56 Conditionally Sold: 5 Sold: 48 Average Sale Price: $432,654   Bright's Grove: Active Listings: 16 Conditionally Sold: 2 Sold: 7 Average Sale Price: $761,000   Forest: Active Listings: 8 Conditionally Sold: 2 Sold: 4 Average Sale Price: $719,225   Plympton-Wyoming: Active Listings: 54 Conditionally Sold: 4 Sold: 8 Average Sale Price: $700,750   Petrolia: Active Listings: 16 Conditionally Sold: 1 Sold: 9 Average Sale Price: $529,200   Corunna: Active Listings: 13 Conditionally Sold: 2 Sold: 22 Average Sale Price: $567,814   St. Clair Township (excluding Corunna): Active Listings: 22 Conditionally Sold: 5 Sold: 29 Average Sale Price: $648,686 ### [What's going on this weekend? June 9th - 11th](https://www.sarniaproperty.com/blog_read/whats-going-on-this-weekend-june-9th-11th)   June 10th | Rumblefish Rockin the River Cruise pt1 Rumblefish continues the tradition of rockin the river cruises again in 2023Saturday June 10th join us for a fun filled 3 hour cruise aboard the Duc D’Orleans and enjoy some great live music and cold beverages!Contact and rumblefish member for ticketsText 519-466-0597 or emailTickets are $30 eachBoarding at 6:30Cruise is 7-10 pmYou may also like the following events from Rumblefish: This August, 12th August, 06:30 pm,  Also check out other Music Events in Sarnia, Entertainment Events in Sarnia.     June 10th | Relay for Life - Sarnia | 5pm - 11pm The Canadian Cancer Society’s Relay For Life will be held on Saturday June 10 2023. We are committed to honouring physical distancing and protecting the well-being and safety of people living with cancer event participants our donors volunteers staff and supporters. To ensure your safety all public health guidelines and recommendations will be observed at Relay events. We will also adhere to any additional requirements set forth by our venues.   Visit Relayforlife.ca/Sarnia to sign up today!   You can make a difference When you join Relay For Life you help provide hope to all Canadians throughout their cancer journey. Your support: Helps thousands of people get to their cancer treatments Provides community and support through our peer support programs Provides more than 3100 wigs headwear and breast prostheses Funds Canada’s best cancer research   Together we can show Canadians affected by cancer that they’re not alone.   Stay connected with us on Facebook! Follow Sarnia - Canadian Cancer Society Relay For Life on Facebook! Get fundraising tips and the latest updates on this year’s event. Plus meet local fundraising champions and fellow supporters as they share their stories with us.     June 10th | Kids Funfest | Clearwater Arena | 9am - 2pm Kids Funfest features a variety of community groups and aims to enhance children’s lives by providing families with the resources to connect with child- and family-oriented services, clubs, and organizations in our community.   June 10th | The Rhythm Junkies | Imperial City Brew Sat Jun 10 2023 at 07:30 pmImperial City Brew House, 1330 Exmouth Street, Sarnia, ON, Canada, Sarnia, Canada Check out this excellent 4 piece band! Playing covers from the 50’s right through to current charts.Call 519-491-5191 to reserve a table now. No cover. ### [Home Insurance in Ontario](https://www.sarniaproperty.com/blog_read/home-insurance-in-ontario)   Home insurance is a vital aspect of being a homeowner, particularly in Ontario where natural disasters like snowstorms, tornadoes, and floods can occur. In this blog, we aim to provide clarity on common and uncommon questions about home insurance in Ontario, helping you make informed decisions regarding your coverage options.     Home Insurance Q&A:   What is home insurance? Home insurance in Ontario is a type of insurance that protects homeowners from financial loss due to various events like theft, fire, and natural disasters.   What does home insurance cover in Ontario? Typically, home insurance in Ontario covers the cost of repairs or rebuilding after a covered event, personal belongings, and liability for accidental injuries to others.   Do I legally need home insurance in Ontario? While not legally required, mortgage lenders usually mandate home insurance. It is highly recommended for all homeowners to protect their financial assets.   How much does home insurance cost in Ontario? The cost varies based on factors such as the type of home, location, value of belongings, and coverage level. On average, homeowners pay around $1,000 per year.   Are earthquakes or floods covered typically? Standard policies usually cover snowstorms and tornadoes but may not include earthquakes or floods. Separate coverage might be necessary.   Are damages caused by pests covered? Damages from pests like termites or rodents are generally not covered. Separate coverage may be required.   Does home insurance in Ontario cover theft? Yes, theft of personal belongings inside the home is typically covered, with some limitations on coverage amount and item types. ### [The Limitations of a Home Inspection](https://www.sarniaproperty.com/blog_read/the-limitations-of-a-home-inspection)   A home inspector's role is to thoroughly inspect and evaluate hundreds of components of a home, including its structure, roof, electrical, plumbing, heating and cooling systems, and more. Despite the comprehensive nature of a home inspection, it's possible that some tougher-to-spot issues may still slip by. This is why it's important to understand the limitations of a home inspection and take steps to reduce the risk of missing critical problems. Home inspections are extremely helpful and usually reliable, but even the most experienced inspectors can miss certain issues.   Some of the common issues that may slip past a home inspector include:   Hidden damage: Water damage is a common issue that can go unnoticed during a home inspection. It often occurs behind walls, under flooring, or within insulation, making it difficult to detect without invasive inspections. A superficial examination may not reveal signs of past or ongoing leaks, which can lead to mold growth, rotting wood, or structural damage. To address this, potential homeowners should consider additional tests, such as moisture readings or thermal imaging, to uncover hidden damage.   Electrical issues: The electrical system of a home can be complex, and identifying all potential issues requires specialized knowledge. While home inspectors are trained to assess visible aspects of electrical systems, they may not be qualified to detect more intricate problems. Wiring hidden behind walls, outdated electrical panels, or improper installations are examples of issues that may go unnoticed. In some cases, it may be necessary to consult a licensed electrician for a more thorough evaluation.   Issues with plumbing: Pipes and fixtures located in hard-to-reach areas, such as crawl spaces or behind walls, may not receive a comprehensive inspection. A home inspector may not have the means to access these areas or may not be able to evaluate the condition of every plumbing component. Therefore, it's important to consider hiring a specialized plumber to conduct a detailed inspection of the plumbing system, including sewer lines and water supply connections.   Structural problems: While a home inspector will assess the visible components of a home's structure, certain issues may go unnoticed, especially if they are concealed by furniture or other items. Foundation cracks, for instance, can be indicators of serious structural problems, but they may not always be visible during a general home inspection. To mitigate the risk of missing structural issues, potential buyers can opt for a separate structural inspection or consult a structural engineer.   Environmental hazards: Home inspectors may not be trained to identify specific environmental hazards such as lead or asbestos. These materials were commonly used in older homes, and their presence can pose health risks. If the home being inspected was built before regulations restricting the use of these substances were implemented, it is advisable to hire a specialized inspector who can perform tests and provide accurate assessments regarding potential environmental hazards.   To ensure a more thorough home inspection and reduce the risk of critical problems being missed, it is crucial to choose a qualified home inspector. Here are some additional considerations when selecting an inspector:   Qualifications: Look for an inspector with a diverse range of qualifications and certifications from reputable organizations. These certifications demonstrate that the inspector has undergone professional training and met certain standards in the field. Experience: Consider the inspector's experience and track record. An experienced inspector is more likely to have encountered a wider range of issues and developed the expertise to identify potential problems. Testimonials: Check for testimonials or reviews from previous clients. Positive feedback from satisfied customers can provide reassurance about the inspector's competence and reliability.   In Canada, several organizations offer certification for home inspectors, including the Canadian Association of Home & Property Inspectors (CAHPI), the National Association of Certified Home Inspectors (NACHI), and the Ontario Association of Home Inspectors (OAHI). While certification is not legally required in Canada, it serves as an indicator of an inspector's commitment to their profession and can provide peace of mind to potential homebuyers.   Remember, a home inspection is a vital step in the homebuying process, but it does have limitations. By choosing a qualified inspector and considering additional specialized inspections when necessary, potential homeowners can increase their chances of identifying potential issues and making informed decisions about their purchase. Investing time and effort into a thorough inspection can save significant costs and headaches in the long run. ### [The Benefits of Life in a 55 Plus Community](https://www.sarniaproperty.com/blog_read/the-benefits-of-life-in-a-55-plus-community)   Are you ready to enjoy your retirement years and looking for a housing solution that offers affordability, low maintenance, social opportunities, and security? Consider buying a home in a 55+ community. In this article, we’ll take a look at the benefits of living in a 55+ community and how it can benefit you.   Amenities When you buy a home in a 55+ community, you gain access to various amenities that you might not find in an independent house. Most of these communities come with recreational facilities such as swimming pools, fitness rooms, golf courses, and more. These amenities save you time and money since you don't have to travel elsewhere to enjoy them.   If you are looking for a community that offers top-notch amenities, Sarnia-Lambton has several options. For instance, the Bluewater Country community offers a range of activities for residents, including swimming, fishing, and boating.   Low Maintenance Another great benefit of living in a 55+ community is low maintenance. Depending on the community, some daily maintenance tasks such as mowing the lawn, cleaning gutters, and shoveling snow could be taken off your plate. That's because these communities have staff members who take care of the upkeep for you. This way, you get to enjoy your retirement without worrying about tedious maintenance tasks.   Social Opportunities One of the best benefits of living in a 55+ community is the social opportunities it provides. These communities host various gatherings such as game nights, holiday parties, and other events that bring residents together. It's an excellent way to meet new people who share similar interests and forge meaningful friendships. Social activities are especially essential for retirees who might be feeling isolated or disconnected.   Security Most 55+ communities offer secure environments since they are often gated or monitored by security staff. If safety is a concern for you, living in a 55+ community could be a great option for peace of mind. In a secure environment, you can enjoy your retirement without worrying about the safety of your property or loved ones.   Lower Living Costs Living in a 55+ community is often more affordable than purchasing an independent residence. From the purchase price of your home to the monthly fees for amenities and utilities, these communities generally offer a budget-friendly lifestyle. This way, you can enjoy your retirement without worrying about financial strains.   FAQs   Q: What is a 55+ community? A: A 55+ community is a residential community that caters to adults who are 55 years and older. These communities offer various amenities and social opportunities that make retirement living more enjoyable.   Q: Are 55+ communities more affordable than independent residences? A: Yes, living in a 55+ community is often more affordable than purchasing an independent residence. These communities offer budget-friendly lifestyles from the purchase price of your home to the monthly fees for amenities and utilities.   Q: Can I meet new people in a 55+ community? A: Yes, 55+ communities provide various social opportunities that allow you to meet new people who share similar interests. These communities host gatherings such as game nights, holiday parties, and more.   Q: Are 55+ communities secure? A: Yes, most 55+ communities offer secure environments since they are often gated or monitored by security staff. If safety is a concern for you, living in a 55+ community could be a great option for peace of mind. ### [Renovations that Add Value](https://www.sarniaproperty.com/blog_read/renovations-that-add-value)   Are you thinking of renovating your home to increase its value? Renovations can be a great way to add value to your home and make it more comfortable to live in. In this article, we will discuss some renovation projects that can help boost the value of your home.     Kitchen Renovation The kitchen is often considered the heart of the home, and it is one of the most important rooms when it comes to adding value. A kitchen renovation can be costly, but it can also provide a high return on investment. Updating your kitchen with new appliances, countertops, and cabinets can make a big difference in the overall look and feel of your home.     Bathroom Renovation A bathroom renovation is another project that can add value to your home. A modern and updated bathroom can make your home more attractive to potential buyers. Upgrades like a new toilet, shower, bathtub, or sink can make a big impact. You can also consider adding a second bathroom if your home only has one. Adding a Deck or Patio Outdoor living spaces have become more popular in recent years, and adding a deck or patio to your home can be a great way to add value. A well-designed outdoor living space can be an extension of your home and provide a great area for entertaining guests or relaxing with your family.     Replacing Windows Replacing your old windows with new energy-efficient ones can not only improve the appearance of your home but also save you money on your energy bills. Potential buyers will appreciate the added benefit of energy-efficient windows, and this can make your home more attractive to them.     Painting Painting your home is one of the most cost-effective ways to update and refresh its appearance. Neutral colors are always a good choice when it comes to adding value to your home. They provide a clean and fresh look that can appeal to a wide range of potential buyers.     Great. But what's the typical ROI on these? ROI on renovation projects can vary based on numerous factors. Here's a rough estimate of the potential ROI for the projects mentioned in the script:   Kitchen renovation: A well-executed kitchen renovation can yield an ROI ranging from 70% to 120%, depending on the extent of the upgrade and the quality of materials used.   Bathroom renovation: Similar to the kitchen, bathroom renovations can also provide a solid ROI, typically ranging from 70% to 80%. Upgrading fixtures, installing new amenities, and improving overall functionality can contribute to the value increase.   Deck or patio addition: Building a deck or patio can offer an ROI of around 60% to 80%. The specific materials, size, and design of the outdoor living space can impact the overall return.   Energy-efficient window replacement: While the ROI for energy-efficient windows varies, it's generally estimated to be around 70% to 80%. The potential energy savings and enhanced aesthetic appeal can contribute to the overall value.   Fresh coat of paint: Painting your home is a cost-effective way to refresh its appearance. While it may not have a direct measurable ROI, a well-painted home can make it more appealing to potential buyers and contribute to a faster sale.   Remember, these ROI ranges are approximate and can vary based on factors such as location, market conditions, the quality of work, and individual property characteristics.     If a certain project has an ROI that costs more than it directly earns back in the sale price, why would people bother to put the work in?   While it's true that not all renovation projects will recoup the full value in terms of the sale price, there are still several reasons why people choose to do them:   Enjoyment and improved quality of life: Renovations can enhance your living space until you choose to sell and create a more comfortable and functional environment for you and your family to enjoy. The value gained from the increased enjoyment and satisfaction of your home is intangible but significant. Most people we renovate with the intent to use the property for a period of time before selling.   Personalization and customization: Renovations allow you to personalize your home according to your taste and preferences. It's an opportunity to create a space that reflects your style, making it more enjoyable and aligned with your lifestyle.   Increased market appeal: While the full value may not be recouped, well-executed renovations can make your home more appealing to potential buyers. These upgrades can attract more interest, increase the chances of a quicker sale, and potentially result in a higher sale price compared to a similar property without renovations.   Competitive advantage: In a competitive real estate market, renovations can give your home a competitive edge. Upgraded kitchens, bathrooms, or energy-efficient features may set your property apart from others, attracting buyers who are specifically seeking those amenities. When multiple aspects of a home have been updated, this has a compound positive effect in the mind of the buyer.   Long-term savings: Some renovations, such as energy-efficient upgrades or improved insulation, can lead to long-term savings on utility bills. While the ROI may not be immediately apparent in the sale price, these energy-efficient features can result in lower monthly expenses over time.   ### [How to Choose the Right Investment Property](https://www.sarniaproperty.com/blog_read/how-to-choose-the-right-investment-property) Investing in rental properties can be an enticing endeavor. The allure of passive income and long-term wealth-building often draws individuals into the realm of real estate. However, the path to selecting the perfect rental property is laden with decisions and considerations. This guide provides insights and actionable tips to help streamline your property selection process.     Identify Your Investment Goals Before diving into the world of real estate investing, take some time to establish your investment goals. Are you looking for short-term rental income, long-term appreciation, or a combination of both? Knowing your objectives will guide your search for the perfect property and help you focus on the type of property and location that best aligns with your goals.     Research Location, Local Market & Community The importance of location in real estate cannot be overstated. Proximity to local amenities, such as popular cafes, parks, and public transport, can enhance your property's appeal to potential renters.   It's essential to have a solid understanding of the local market. Areas with strong economic growth, low vacancy rates, and a stable rental market are prime locations for investment properties. Working with an agent who is knowledgeable and experienced working in the area is critical. The Sarnia-Lambton region offers a diverse range of investment opportunities, from single-family homes to multi-unit buildings, catering to different investor preferences.   The broader community plays a significant role in the appeal of your rental property. Look for areas with low crime rates, reputable schools, and robust transport links. These attributes are especially attractive to long-term tenants and families.     Evaluate Layout & Features Modern renters often favor open floor plans, abundant natural light, and outdoor spaces. Assess potential properties for these features, as they can increase the rental appeal and, in turn, the rental income.   Consider Property Age & Maintenance While older properties might offer character and unique architectural elements, they can also come with increased maintenance challenges. In contrast, newer properties often present fewer immediate repair concerns. Weigh the charm against potential repair costs when evaluating properties.   Assess Utility & Operational Costs High utility costs can deter potential renters. When possible, consider energy-efficient upgrades to appeal to environmentally conscious renters and reduce monthly expenditures.   Analyze Cash Flow Potential A critical component of any investment property is its ability to generate positive cash flow. To determine a property's cash flow potential, analyze the rental income, expenses (such as mortgage payments, taxes, insurance, and maintenance), and projected growth.     Evaluate Appreciation Potential One key aspect of a successful real estate investment is its potential for appreciation. Look for properties in up-and-coming neighborhoods or those undergoing revitalization efforts. Properties in these areas often have higher appreciation rates in the long run, which can significantly contribute to your overall return on investment.     Consider Property Management When investing in real estate, it's essential to decide whether you'll manage the property yourself or hire a property management company. Managing a property can be time-consuming, and hiring a professional company can help streamline processes and free up your time. However, property management fees will affect your overall returns, so it's crucial to weigh the pros and cons before making a decision.     Plan for Contingencies Investing in real estate comes with its fair share of surprises and unexpected expenses. It's important to plan for contingencies by planning on setting aside funds for repairs, vacancies, or other unforeseen costs (. Having a safety net in place will help protect your investment and ensure long-term success.     Professional Property Inspection Before finalizing any purchase, commission a thorough property inspection. This ensures you're aware of any potential issues and can negotiate or reconsider the investment based on the findings.   Looking to become a real estate investor? Give us a call! 226.778.0747   We can help you choose the right investment property, work with you to understand your goals, research the local market, evaluate appreciation potential, analyze cash flow, help you decide whether property management is right for you, and set out solid practises for contingencies.   Remember, the team at Blue Coast Realty is always here to help guide you through the process and ensure you make informed decisions for your real estate investment portfolio.   For a deep dive on the buying process: The 10 Steps to Buying a Home.   ### [Why Contingency Funds Are Critical for Homeowners](https://www.sarniaproperty.com/blog_read/why-contingency-funds-are-critical)     The Unpredictable Nature of Homeownership and Rental Management Imagine you or your tentants waking up to the sound of dripping water, only to discover a leak in your ceiling. Or envision your furnace breaking down during a frigid winter night. Situations like these, unpleasant as they are, highlight the unpredictable nature of homeownership and rental property management. The key to navigating these challenges lies in one crucial aspect: building a robust contingency fund. In this article, we'll guide you through the ins and outs of creating and maintaining this financial safety net.   Contingency Fund: Your Financial Lifeline A contingency fund acts as a financial buffer for unexpected home repairs and emergencies. For homeowners, the absence of this fund can lead to significant financial strain. Surprisingly, a large number of individuals lack an emergency fund, leaving them vulnerable to unforeseen expenses. The aim is to avoid being part of this statistic by being prepared.   How Much to Save The amount to save varies, but a good rule of thumb is to aim for 1% to 3% of your property's value. For instance, if your home is valued at $500,000, strive to accumulate a fund ranging from $5,000 to $15,000. It’s crucial to adjust your savings strategy based on your home’s age and condition – older properties might necessitate a larger fund, whereas newer ones may require less.   The Comfort of Preparedness Beyond the financial aspect, a contingency fund offers peace of mind. Knowing that you have a dedicated resource to handle sudden repairs or emergencies brings a sense of comfort and security.   Contingency Funds for Rental Properties As a rental property owner, your approach to a contingency fund should encompass several facets. Set aside about 5-10% of your annual rental income for maintenance and repairs. Anticipate periods of vacancy by reserving 10% to 15% of your income to mitigate income loss. For emergency repairs and unexpected events, an additional 5% to 10% of your annual income is advisable.   Legal and Insurance Considerations Don’t overlook legal and insurance expenses. Setting aside roughly 5% of your rental income for these purposes ensures you’re covered for unforeseen legal challenges and maintains adequate insurance protection.   Planning for Major Repairs and Upgrades Finally, account for capital expenditures such as major repairs or property upgrades. Allocating funds specifically for these larger projects avoids financial stress when significant improvements are needed.   Conclusion Both homeowners and rental property owners benefit immensely from a well-planned contingency fund. It’s not merely about the money; it’s about the assurance that comes with being prepared for life’s unexpected turns. Whether it's a leaky roof or a vacant rental unit, a contingency fund is your first line of defense, ensuring both your property's upkeep and your peace of mind. So start building your fund today and secure your financial future against the unpredictabilities of property ownership. ### [Condo Life](https://www.sarniaproperty.com/blog_read/condo-life)   Condominiums are a popular housing option for many people, offering a unique blend of community living and low-maintenance living. But before making the decision to buy a condo, it’s important to understand the pros and cons of this housing option. People love condos for various reasons, as they offer a unique living experience that appeals to different individuals.   Upsides of Condominium Living:   Amenities: Condos often provide a range of amenities that can enhance residents' lifestyles. These may include swimming pools, fitness centers, concierge services, common areas, rooftop gardens, playgrounds, and more. Access to these shared facilities can be convenient and enjoyable, as they provide recreational opportunities and a sense of community.   Low maintenance: Condos typically come with maintenance and repair services that are managed by the condo association or management company. This means residents don't have to worry about tasks such as lawn care, exterior maintenance, or repairs. The convenience of having these responsibilities taken care of can be appealing, especially for those with busy lifestyles or limited time for maintenance tasks.   Security: Condos often have security measures in place, such as gated entrances, surveillance systems, and secure access points. This can provide residents with a greater sense of safety and peace of mind, particularly for individuals who value security or live in urban areas.   Location: Condos are often situated in desirable locations, such as city centers or near popular attractions. This can offer residents convenient access to a range of amenities, including shopping centers, restaurants, entertainment venues, public transportation, and cultural events. The proximity to these facilities can save time and provide a vibrant lifestyle.   Community and social opportunities: Condo living can foster a sense of community and social interaction. Common areas and shared spaces encourage residents to interact with their neighbors, making it easier to establish connections and friendships. Condo associations may also organize community events and activities, creating opportunities for residents to engage and build relationships.   Ownership benefits: While condos are typically owned individually, they often come with shared ownership of common areas and amenities. This shared ownership can reduce the financial burden of owning and maintaining these facilities compared to owning a standalone property. Additionally, condos can be a more affordable option for individuals who want to live in desirable areas but find detached houses to be out of their budget.   Lifestyle and convenience: Condos can offer a convenient lifestyle, particularly for those who prefer a low-maintenance living arrangement. The smaller size of condos compared to houses can be appealing to individuals who don't want the responsibilities that come with maintaining a larger property. Condos may also be an attractive option for those who travel frequently or want a lock-and-leave property.   It's important to note that people's preferences can vary, and while many individuals enjoy the benefits of condo living, others may have different priorities and prefer other types of housing arrangements.   Downsides of Condominium Living While many people enjoy living in condos, there are also individuals who may have certain dislikes or preferences that make them less inclined to choose condo living. Here are some common reasons why people may dislike condos:   Privacy: Condos typically involve shared walls, common areas, and close proximity to neighbors. For individuals who value privacy and solitude, the close quarters and potential noise from neighboring units can be a drawback. The level of privacy can vary depending on the specific condo building and layout.   Condo fees and rules: Condos are often governed by a condo corp that sets rules and regulations for the community. These rules may dictate aspects such as pet ownership, noise restrictions, parking limitations, and even the appearance of individual units. Some individuals may find condo fees and regulations restrictive or burdensome, especially if they prefer to have the highest level autonomy and flexibility possible in their living arrangements.   Limited control over decision-making: Condo owners typically have to abide by the decisions made by the condo association or management company regarding common areas, maintenance, and other community matters. This limited control over decision-making can be a source of frustration for individuals who prefer more autonomy and the ability to make their own choices regarding their living space.   Size and space limitations: Condos generally have a smaller living space compared to detached houses. This can be a disadvantage for individuals who require more room for their belongings, have a large family, or prefer a more spacious living environment. Limited storage space, including lack of basements or garages, can also be a concern for some.   Potential for special assessments: In some cases, condo associations may impose special assessments on owners to cover unexpected or significant expenses, such as repairs, renovations, or upgrades to the building or common areas. These assessments can result in additional financial obligations for condo owners, which some individuals may find burdensome or unpredictable.   Depending on these factors, it may be more challenging to sell a condo compared to a standalone property. This can be a concern for individuals who prioritize the potential for a quick and profitable resale of their property.   Limited outdoor space: While condos often provide shared outdoor spaces or amenities, individual units may have limited private outdoor areas, such as balconies or patios. This can be a drawback for individuals who enjoy gardening, outdoor activities, or value having their own private outdoor space.   It's important to note that these dislikes are subjective and may not be applicable to everyone. Some individuals may find solutions or workarounds for these concerns, while others may simply have different preferences and prioritize other types of housing arrangements. ### [June 2023 Housing Market Update](https://www.sarniaproperty.com/blog_read/june-2022-hmu)   Totals for Sarnia-Lambton:   Sales Activity: June 2023: 183 properties sold (+22.8% YoY)June 2022: Approximately 149 properties sold   Dollar Volume: June 2023: $96.7 million (+17.3% YoY)June 2022: Approximately $82.4 million New Listings: June 2023: 296 new listings (-7.2% YoY)June 2022: Approximately 319 new listings   Active Listings: June 2023: 371 active listings (+23.3% YoY)June 2022: Approximately 301 active listings   Average Price: June 2023: $528,000 (-4.5% YoY)June 2022: Approximately $553,000   Sales to List Price Ratio: June 2023: 98.6%June 2022: 101.8%     Breakdown by Area:   Sarnia North: Active Listings: 78Conditionally Sold: 8Sold: 58Average Sale Price: $862,000   Sarnia South: Active Listings: 59Conditionally Sold: 6Sold: 47Average Sale Price: $397,400   Bright's Grove: Active Listings: 15Sold: 10Average Sale Price: $595,000   Forest: Active Listings: 10Sold: 6Average Sale Price: $503,000   Plympton-Wyoming: Active Listings: 54Conditionally Sold: 3Sold: 8Average Sale Price: $803,000   Petrolia: Active Listings: 17Conditionally Sold: 4Sold: 16Average Sale Price: $473,000   Corunna: Active Listings: 21Conditionally Sold: 1Sold: 10Average Sale Price: $522,000   St. Clair Township (excluding Corunna): Active Listings: 38Conditionally Sold: 3Sold: 18Average Sale Price: $531,000   Notes from Sean's housing market breakdown:   Inventory Shortage: There is a shortage of housing inventory in the Sarnia-Lambton area. Insufficient construction of new houses is contributing to the shortage. The demand for housing is outpacing the available supply.   Population Growth: Recent reports from CBC highlight that Canada experienced its most significant population growth since the 1950s. Increased population growth contributes to the demand for housing.   Rising Prices: Due to the supply-demand imbalance, housing prices have been rising. Although there was a slight dip in prices earlier in the year, they have quickly rebounded. Multiple offers on properties are becoming more common.   Advice for Potential Buyers: Instead of trying to time the market, it is recommended for potential buyers to take action. Purchasing a property now can be a wise decision, as prices are projected to continue rising. In the worst-case scenario, if the property is not suitable for personal use, it can be rented out for a few years. Very few individuals regret buying a house in the long run. ### [July 2023 Housing Market Update](https://www.sarniaproperty.com/blog_read/july-2023-housing-market-update)     Totals for Sarnia-Lambton:   Sales Activity: July 2023: 122 vs July 2022: 120   Dollar Volume: July 2023: $70,637,619 vs July 2022: $65,689,901 New Listings: July 2023: 236 vs July 2022: 227   Active Listings: July 2023: 393 vs July 2022: 331   Months of Inventory: July 2023: 3.2 vs July 2022: 3.2   Average Price: July 2023: $578,997 vs July 2022: $547,849   Sales to List Price Ratio: July 2023: 98.2% vs July 2022: 99.4%     Breakdown by Area:   Point Edward: Active Listings: 2 Sold: 2 Average Sale Price: $450,000   Sarnia North End: Active Listings: 80 Conditionally Sold: 8 Sold: 33 Average Sale Price: $650,000   Sarnia South End: Active Listings: 64 Conditionally Sold: 5 Sold: 39 Average Sale Price: $453,000   Bright's Grove: Active Listings: 15 Conditionally Sold: 1 Sold: 2 Average Sale Price: $665,000   Forest: Active Listings: 8 Conditionally Sold: 3 Sold: 4 Average Sale Price: $436,500   Plympton-Wyoming: Active Listings: 73 Conditionally Sold: 4 Sold: 6 Average Sale Price: $1,030,000   Lambton Shores: Active Listings: 30 Conditionally Sold: 3 Sold: 6 Average Sale Price: $550,000   Warwick: Active Listings: 2 Sold: 1 for $450,000   Brooke-Alvinston: Active Listings: 6 Sold: 1 for $370,000   Enniskillen: Active Listings: 1 Conditionally Sold: 1   Petrolia: Active Listings: 15 Conditionally Sold: 2 Sold: 5 Average Sale Price: $428,000 Dawn-Euphemia: Active Listings: 3 Sold: 1 for $365,000 St. Clair Township: Active Listings: 32 Conditionally Sold: 4 Sold: 16 Average Sale Price: $690,000   Corunna: Active Listings: 12 Conditionally Sold: 3 Sold: 11 Average Sale Price: $603,000 ### [Financial Readiness for First-Time Homebuyers](https://www.sarniaproperty.com/blog_read/financial-readiness-for-first-time-homebuyers)   Welcome to the latest edition of the Blue Coast Blogs. Today, we delve deeply into the realm of financial preparedness for aspiring homeowners. Prepare for an enlightening journey as we unveil strategies to bolster your financial standing.   Tip 1: Organization is KeyStart by listing out all your existing debts. This entails noting down the names of creditors, interest rates, minimum payments, and the outstanding balances. By organizing this information systematically, you set the stage to prioritize repayments effectively and establish a robust strategy to eliminate these debts.   Tip 2: Master the Art of BudgetingMaintaining a precise record of your income and expenditure is paramount. Identify areas where expenses might be higher than necessary and strategize on how to economize. By reducing superfluous spending, you'll have the advantage of allocating more towards clearing debts and saving for your home's down payment.   Tip 3: Debt Repayment StrategiesThere are numerous methods to approach debt repayment. Here are two effective strategies: Option A: Focus on high-interest debts initially. Tackle them aggressively to minimize the accumulation of interest over time. Option B: Start with the smaller debts. Clearing them sequentially can provide a sense of achievement and motivation to continue the debt-clearing journey. Do what's best for your psychology!   Tip 4: Enhancing Your Credit ScoreEnsuring timely bill payments is a cornerstone of a healthy credit score. Aim to maintain a low credit utilization rate. Consider acquiring a secured credit card to responsibly build a positive credit history. Use the credit available judiciously to maintain a commendable credit profile.   Tip 5: Prioritize Down Payment SavingsEstablish a dedicated savings account specifically for your future home's down payment. Consider setting up automated transfers to ensure consistent savings. With disciplined saving, the dream of homeownership becomes increasingly attainable.   Tip 6: Evade New DebtAs you work towards enhancing your financial health, it's vital to avoid accumulating new substantial debts. Exercising restraint, particularly with credit purchases, is crucial. Remember, financial discipline is the bedrock of a solid financial foundation.   Tip 7: The Value of Professional GuidanceEngaging a financial advisor can be a game-changer. Their expertise can offer tailored strategies, invaluable insights, and resources to refine your financial strategies, ensuring you're on the optimal path to homeownership (and meeting other financial goals).   Tip 8: Harnessing Tax-Free Savings OpportunitiesIn Canada, prospective homeowners can leverage their RRSP with the Home Buyer’s Plan. Additionally, the recently introduced First Home Savings Account (FHSA) allows first-time home buyers to contribute up to $8,000 per year, with a lifetime limit of $40,000 for their homes tax-free within certain limits, providing a significant advantage. ### [Support Programs for First-Time Homebuyers](https://www.sarniaproperty.com/blog_read/support-programs-for-first-time-homebuyers)   Buying a home is a big investment, and for most people it's one of the biggest purchases they will ever make. Currently, many first-time homebuyers feel overwhelmed by the cost of breaking into the house market.   Fortunately, Canada’s government offers a range of programs designed to aid first-time homebuyers. Let’s delve into these initiatives and see how they might pave your way to homeownership.     1. First-Time Home Buyers’ Tax Credit (HBTC) The idea of receiving some cash back after closing the deal on your dream house sounds wonderful, doesn't it? The HBTC is here to make this a reality. This program helps counterbalance some purchase-related expenses such as legal fees or land transfer tax, (albeit at tax time).   2023 Purchases: You can claim a non-refundable amount of $10,000 (HBTC amount) x 15% (federal tax rate for non-refundable tax credits), translating into a potential tax credit of $1,500.   2022 or earlier: You can claim up to $5,000 x 15%, equating to a possible tax credit of $750. If you bought your first home and missed filing in an earlier year you may be able to file an adjustment to your tax return.   Note: "Non-refundable" means that you cannot get a refund on the tax credit if the credit amount exceeds your tax due, but this tax credit is claimed against your income tax. The excess doesn’t get refunded but can reduce your payable tax to zero.   2. Home Buyers’ Plan (HBP) Think of the HBP as a golden chest within your Registered Retirement Savings Plan (RRSP). This plan grants you the liberty to:   Withdraw a maximum of $35,000 from your RRSP for a home purchase. If you’re buying with a partner, this could total $70,000.   However, this isn’t free cash. It's imperative to repay the amount within 15 years to steer clear of any tax ramifications.   3. First-Time Home Buyer Incentive Need assistance with the down payment? This program has got you covered, offering either 5% or 10% depending on the property type. Do keep in mind:   The amount you'll need to repay is tied to your property's market value when you repay or after a period of 25 years.   An appreciation in your property’s value over time could mean a heftier repayment.   4. New Tax-Free First Home Savings Account (FHSA) Initiated on April 1, 2023, the FHSA is a game-changer for every first-time homebuyer. Under this scheme, you can:   Accumulate a sizable $40,000 towards your dream home, all tax-free.   Contribute a maximum of $8,000 yearly for a span of five years.   5. Land Transfer Tax Refunds Completing your first home acquisition could also make you eligible for a land transfer tax refund. With possible refunds soaring up to $4,000, this is an avenue you wouldn’t want to miss.   Your spouse can't have owned a home in the time they're been your spouse to receive the full rebate; but if they have you may be eligible for a 50% rebate.   You have to live in the home with 9 months of your purchase.   You only have 18 months to apply for the rebate.   A Cost to Factor In: Mortgage Loan Insurance For Canadian homebuyers, if your down payment lies between 5% and 20% of the house price, securing mortgage loan insurance is mandatory. This facility offers:   Assurance for lenders against any mortgage defaults.   An avenue for potential homeowners to buy a home with a smaller down payment.   In Conclusion While the housing market maze can seem intricate, these government initiatives make the homeownership route in Canada decidedly more navigable for first-timers.   If you're grappling with questions about eligibility or seeking in-depth details, don’t hesitate to reach out to us at Blue Coast Realty. Here’s to a smooth home-buying voyage! ### [How the Seasons Impact Real Estate](https://www.sarniaproperty.com/blog_read/how-the-seasons-impact-real-estate)   How the Seasons Impact Real Estate Embarking on a journey through the real estate market of Ontario, especially in the Sarnia-Lambton area, is like navigating the changing seasons – each with its distinct flavor and opportunities. From the serene hush of winter to the vibrant hustle of summer, the real estate landscape transforms, offering unique prospects for buyers and sellers alike. Let's delve into the seasonal nuances of this market, uncovering how each period can be the ideal time for different real estate ambitions.     Winter: The Chill & Thrill A white blanket of snow covers Ontario, bringing with it a hush in the property market. While many are wrapped up in holiday vibes, curled up with hot cocoa, and focused on family, it's a wonderland for perceptive buyers. The reduced activity provides an advantageous playground for striking potentially lucrative deals. Sellers, this is your cue to showcase your home's warmth—those crackling fireplaces, plush rugs, and sparkling holiday lights can be your winning card!   Spring: Bloom & Boom Ah, spring! The time of rejuvenation and renewed energy. As the daffodils pop and cherry blossoms bloom, Ontario's real estate market witnesses a surge of activity. April exemplifies this upward swing with an impressive average of 158 sales. Sellers, let your yards shine—those fresh lawns and blooming gardens are the crown jewels of your property. Buyers, the property listings are burgeoning. Make your pick before the mercury rises!   Summer: Sizzle & Hustle Summer is the superstar of the real estate calendar. Look at these blistering numbers: June sits at a lofty 181 sales, May nipping at its heels with 180, and July not to be outdone, registers 176 sales. While many families are in the transition phase, remember, it's also the prime vacation season. The market radiates warmth, but with sizzling demand, competition and prices might soar. Dive in, but keep cool!   Fall: Cozy & Opportune As autumn paints Ontario in hues of amber and gold, the real estate market experiences a gentle deceleration. From the still lively August with its 165 sales, the momentum gracefully decelerates through September and October. But don't be fooled! This serene facade offers potential gems for buyers. Sellers, this is when the aroma of pumpkin spice and the allure of a cozy reading nook can tip the scales in your favor.   The Monthly Average Breakdown Let's break down the month by month sales averages for Sarnia-Lambton:   January: 94 sales February: 113 sales March: 148 sales April: 158 sales May: 180 sales June: 181 sales July: 176 sales August: 165 sales September: 156 sales October: 155 sales November: 126 sales December: 86 sales   Our real estate market, with its seasonal oscillations, offers distinctive opportunities throughout the year. Whether you're a buyer seeking the perfect haven or a seller hoping to make a profitable deal, the season you choose can make a difference. Know the rhythm, and you'll dance to success in Sarnia-Lambton's dynamic property landscape. ### [Can You Time the Real Estate Market?](https://www.sarniaproperty.com/blog_read/can-you-time-the-real-estate-market)   Can You Really Time the Real Estate Market? The age-old debate about timing the real estate market is one that many potential buyers and sellers grapple with. It's the equivalent of catching a wave at its highest crest or buying stocks right before they surge. Sounds dreamy, right? But the reality is much more nuanced.     The Allure of Timing the Market When we talk about real estate, whispers of market timing often float around. The thought goes something like this: “If I can just buy when prices are at their lowest and sell when they're at their peak, I'll make a killing!” But if it were that simple, wouldn’t everyone be acing it?   Understanding Market Cycles Before we deep dive, it's essential to grasp that the real estate market, like any other market, operates in cycles. These cycles are determined by a plethora of factors: Economic conditions Interest rates Supply and demand dynamics Geopolitical events Although understanding these cycles offers a strategic edge, pinpointing an exact buying or selling moment based on them is more challenging than one might anticipate.   The Intricacies of the Real Estate Ecosystem Every buyer, seller, or investor should be aware that the real estate market isn't a monolithic entity. It’s multifaceted and complex: Local Trends Over Global: While national or global trends offer an overview, the real estate market can vary drastically between neighborhoods in the same city. Type Matters: A condo in an urban area might be in high demand, while suburban homes face a lull. Or vice versa! Individual Charm: Sometimes, it's the intrinsic value or charm of a particular property that can drive its demand, irrespective of broader market trends.   Emotions in the Mix One of the reasons we can't effectively time the market, even if it was possible, is our human nature. Real estate decisions aren't just financial; they're deeply emotional: The excitement of a first home or investment property The nostalgia of selling a family property The anxiety of investing vast sums of money The fear of missing out on a 'perfect' deal These emotional factors can sometimes cloud judgment, making objective decision-making a tad challenging.   Bridging the Information Gap To time the market perfectly, you'd need access to the latest, most accurate data. But even if you had all the information at your fingertips, the real estate market could have already adjusted for it. And we don't have a crystal ball. By the time a report is published or a trend is acknowledged, the market might be two steps ahead. It might be a relentless game of catch up!   So, Can You Time It? Realistically, predicting the exact peaks and valleys of the real estate market is a tall order for virtually everyone, and those who claim they can often just got lucky. But what information or techniques do timing advocates try to make use of? Technical Analysis: This approach relies on studying price patterns, charts, and other market indicators to forecast future price movements. Common tools include moving averages, trendlines, and momentum indicators. Fundamental Analysis: Here, the focus is on evaluating the intrinsic value of an investment by studying macroeconomic factors (like the economy's health, interest rates, and geopolitical events) and specific property or area indicators (like job growth, local economy, development plans, etc.) Economic Indicators: Watching key economic indicators such as unemployment rates, GDP growth, interest rates, and housing starts can provide clues about the market's direction. Cyclical Analysis: Every market goes through cycles – boom, downturn, recovery. Understanding where we are in the cycle can guide buying and selling decisions. Interest Rates: Generally, low-interest rates stimulate borrowing and can lead to higher property demand and prices. Conversely, high rates can decrease demand. Local Market Indicators: Real estate is highly local. Indicators like local job growth, company headquarters moving into/out of the area, or infrastructure projects can signal future demand. Inventory Levels: A high number of unsold homes (high inventory) might suggest a buyer's market, while low inventory might indicate a seller's market. Historical Data: While history doesn't always repeat itself, analyzing historical price movements during similar economic conditions can give some perspective. Sentiment Analysis: Using tools to gauge the sentiment of news articles, social media, and other public communications can provide insights into public perception, which can influence the market. Engage Professionals: Real estate agents, economists, and financial analysts often have unique insights based on their experience and data access. Dollar-Cost Averaging: Instead of trying to find the absolute best time to invest, spread out your investments over a period. This reduces the impact of market volatility. Stay Updated: Subscribing to real estate blogs, attending seminars, or joining real estate investment clubs can provide valuable insights and perspectives. Contingency Plans: Always have an exit strategy or backup plan. This is crucial, especially if the timing doesn't work in your favor. Diversification: Rather than putting all resources into a single market or property type, diversify across different real estate sectors or even regions. This can hedge against potential downturns in any single area.   While these are all good, there are some major problems with the concept of timing, which comes down to failed prediction.   In Nassim Nicholas Taleb's book "The Black Swan" the author writes about the concept of the Black Swan event, which refers to an unpredictable event that has massive consequences. These events are both rare and extremely impactful, and, by nature, lie outside the realm of regular expectations and prediction. What makes them even more challenging is that, in retrospect, they often seem like they could have been predicted or expected.   For instance, COVID-19 can be aptly termed a "Black Swan" event. Before its onset, the global economy had its issues but was largely functioning in predictable patterns. When the pandemic struck, it shattered these patterns and created cascades of effects across multiple sectors.   Canadian real estate, like many other markets, wasn't spared. Pre-pandemic predictions for the Canadian housing market could never have foreseen the full spectrum of effects brought on by COVID-19. Here's how it manifested: Urban Exodus: As remote work became the norm, many urban dwellers re-evaluated the necessity of living in city centers. This led to an exodus from cities like Toronto and Vancouver to suburban or rural areas, driving up property values in places previously considered less desirable. Interest Rates: The Bank of Canada, in an effort to stimulate the economy, cut interest rates. Lower interest rates typically make borrowing cheaper, which can lead to increased demand for homes and higher prices. Supply Constraints: The pandemic led to slowdowns in construction and fewer homeowners listing their properties, leading to decreased supply. With steady or increasing demand, this drove prices up further. Economic Uncertainty: While certain sectors flourished, others faced severe downturns. This led to an uneven distribution of economic effects, with some people's housing decisions heavily influenced by job losses or reduced incomes. Changing Desires: With more time spent at home, many began to prioritize features like home offices, bigger yards, or more spacious interiors, leading to a shift in the type of properties in demand.   Taleb's concept underscores the inherent limitations in our ability to predict the future, and in this case, time the market. While market analyses can provide insights based on existing data, Black Swan events remind us of the unpredictability and complexity of global systems. Just as few could predict the 2008 financial crisis, even fewer could have seen the full scope of COVID-19's impact on real estate or any other sector.   The Silver Lining Timing the market might be akin to finding a needle in a haystack. It isn't the best strategy. Here is a better option; don't navigate these vast waters alone. Partnering with a high quality realtor can make all the difference. They bring: Expert insights Understanding of your local market Access to real-time market data Guidance through intricate transactions Resources you may not have access to Skill sets to help with decision making and negotiation   Instead of putting all your eggs in the timing basket, consider focusing on the broader picture. Understand your personal real estate goals, research local trends, and collaborate with a trusted realtor who can guide you through the journey.   Timing the real estate market is a tantalizing idea. But more often than not, it's the long-term strategy, understanding of local dynamics, and a trusted partnership with a realtor that yields the best results. The real estate market might be unpredictable, but with the right approach, your success in it doesn't have to be.   Remember, every real estate journey is unique. So, rather than chasing elusive perfection, focus on informed decisions, and let your vision guide the way. ### [Home Affordability in Southern Ontario](https://www.sarniaproperty.com/blog_read/home-affordability-in-southern-ontario)   When it comes to the real estate market in Southern Ontario, cities like Toronto, Mississauga, Brampton, Hamilton, London, Kitchener, St. Catharines, and Windsor often steal the spotlight with their soaring property prices.    However, nestled in the southwestern corner of the province lies a hidden gem that offers both affordability and a high quality of life: Sarnia-Lambton. In this article, we'll explore how Sarnia-Lambton compares to its larger counterparts in terms of average home prices and why it's becoming an increasingly attractive option for homebuyers seeking affordability without compromising on lifestyle.     The Big City Price Tags: Let's begin by looking at the eye-popping average home prices in some of Southern Ontario's biggest cities:   Toronto: With an average home price of $1,197,021 for an attached home or $1,560,000 detached home, Toronto takes the lead as the most expensive city in the region. Note: also add on Toronto's municipal land transfer tax, an additional fee on top of the province's municipal land transfer tax.   Mississauga: Not far behind, Mississauga boasts an average home price of $1,140,328, making it one of the costliest places to buy a home.   Brampton: Following closely, Brampton's average home price stands at $1,110,556, highlighting the substantial investment required to reside in this city.   Hamilton: While Hamilton offers picturesque landscapes and a vibrant arts scene, its average home price is still significant at $814,082.   Kitchener: Kitchener, known for its thriving tech sector, has an average home price of $770,001.   St. Catharines: In St. Catharines, the average home price is $716,000, reflecting the increasing demand in this Niagara region city.   London: Moving southwest, London offers a slightly more affordable option, with an average home price of $664,274.   Windsor: Lastly, Windsor provides a more affordable option compared to its counterparts, with an average home price of $592,000.   Sarnia-Lambton: The Affordable Alternative: Now, let's shift our focus to Sarnia-Lambton and uncover its incredible affordability. Despite being a hidden gem, this region boasts an average home price that might leave you pleasantly surprised. Drum roll, please! The average home price in Sarnia-Lambton is a jaw-dropping $541,000!   Our average home price is over a MILLION DOLLARS LESS than Toronto! That's significantly lower than the prices you'd find in its more prominent neighbors. It's like finding a pot of gold at the end of the rainbow!   The Sarnia-Lambton Advantage: So, why should you consider Sarnia-Lambton as your next home? Here are a few factors that make it an attractive option: Affordability: As we've already established, the affordability of housing in Sarnia-Lambton is a major draw. With significantly lower average prices compared to larger cities, you can get more bang for your buck and stretch your budget further. Quality of Life: Sarnia-Lambton offers a high quality of life. It's a region blessed with natural beauty, boasting stunning landscapes along the shores of Lake Huron. With access to pristine beaches, parks, and trails, outdoor enthusiasts will find plenty of recreational activities to enjoy. Community Charm: Sarnia-Lambton embodies the welcoming and close-knit community spirit often associated with smaller towns. It's a place where neighbors become friends, and you'll find a strong sense of belonging and community involvement. Amenities and Services: Despite its smaller size, Sarnia-Lambton still provides a range of amenities and services to cater to residents' needs. From shopping centers to healthcare facilities and educational institutions, Sarnia-Lambton ensures that residents have access to essential conveniences without the hustle and bustle of a big city. Growing Opportunities: Sarnia-Lambton is not only an affordable place to live but also a region that offers promising economic prospects. With industries like petrochemicals, manufacturing, and renewable energy, there are ample job opportunities and potential for growth and innovation. Strong Sense of Community: Sarnia-Lambton is known for its tight-knit community and friendly atmosphere. Residents often take part in various community events, festivals, and local initiatives, fostering a sense of belonging and creating lasting connections with neighbors.   In a real estate market dominated by skyrocketing prices in major cities, Sarnia-Lambton stands out as an affordable alternative that offers a high quality of life. With a current average home price of $541,000, this region proves that you don't have to break the bank to find your dream home.   So, if you're looking for a place that combines affordability, natural beauty, a strong sense of community, and growing opportunities, Sarnia-Lambton might just be the perfect choice for you. Don't overlook this hidden gem in your search for a new home in Southern Ontario! Take a closer look at Sarnia-Lambton and discover a place where your dreams of homeownership can become a reality. ### [Fall Home Trends 2023](https://www.sarniaproperty.com/blog_read/fall-home-trends-2023)   Embracing Coziness and Elegance: Fall Home Trends for 2023 As the leaves begin to turn and a crispness fills the air, it's time to usher in the beauty and warmth of fall into our homes. The interior design landscape is ever-evolving, and the trends for fall 2023 reflect a harmonious blend of natural elements, vintage inspirations, and contemporary aesthetics. From earthy tones to luxurious curves, this season's home trends are all about creating inviting and stylish spaces that cocoon us in comfort. 1. Earth Tones: Embracing Nature's Palette This fall, the color scheme takes a cue from the great outdoors. Earth tones such as warm browns, rich terracottas, deep greens, and soft beige are making a comeback. These colors not only connect us with nature but also create a serene and grounding atmosphere within our homes. 2. Natural Wood: Rustic Elegance Natural wood accents are gaining prominence this season. From furniture to decor items, incorporating wood elements brings in a touch of rustic elegance. Whether it's a reclaimed wood coffee table or wooden wall panels, this trend infuses warmth and authenticity into any space. 3. Woven Elements: Textural Intrigue Woven textures are weaving their way into interior design this fall. From rattan furniture to jute rugs and woven wall hangings, these elements add depth and dimension to rooms. Woven pieces offer a tactile experience and a sense of craftsmanship that resonates with our longing for a more organic and hands-on approach to design. 4. Textured Fabrics & Textiles: Sensory Delight The upcoming season is all about textures that engage the senses. Think plush velvet sofas, chunky knit throws, and tactile cushions. These textured fabrics not only provide visual interest but also invite touch, making your living space a haven of sensory delight. 5. Tonal Color Palettes: Subtle Harmony Tonal color palettes are gaining traction for fall 2023. These are schemes built around shades and tones of a single color. Imagine a room dressed in various shades of blue or variations of dusty pink. This approach creates a sense of cohesion while allowing for depth and complexity within a single hue. 6. Mixing Vintage & Modern: A Fusion of Time Blending vintage and modern aesthetics is a trend that continues to captivate designers and homeowners alike. Pairing antique pieces with contemporary furniture or incorporating modern art into a classic setting adds layers of interest and individuality to your home. 7. Quiet Luxury: Understated Opulence Quiet luxury is all about embracing sumptuousness without being ostentatious. It's about quality over quantity, with a focus on subtle, refined details. From high-end materials to well-crafted furnishings, this trend speaks to a sophisticated taste that exudes elegance in an understated manner. 8. Curves: Softening the Edges Curved furniture and decor are making a significant statement this fall. From rounded sofas and arched doorways to circular mirrors and curved-edge tables, these gentle contours soften the lines of a space, creating an inviting and harmonious atmosphere. In conclusion, the fall home trends for 2023 revolve around creating comfortable, stylish, and soothing environments that reflect the changing seasons and our evolving preferences. By embracing earthy tones, natural materials, and textured elements, you can infuse your space with a sense of warmth and authenticity. Tonal color palettes and a fusion of vintage and modern elements add depth and character, while quiet luxury and curves bring sophistication and comfort. As you embark on your fall home transformation, consider these trends as your guide to creating a haven that perfectly captures the spirit of the season. ### [Renewals and Refinancing Explained](https://www.sarniaproperty.com/blog_read/renewals-and-refinancing-explained)   Introduction Have you ever wondered what transpires when your mortgage term finally reaches its conclusion? Is it time for a celebration, or perhaps an accolade? Maybe you've heard the buzzword 'refinancing' and are keen to understand what it entails. Today, we're going to unpack the various avenues you can explore when your mortgage term comes to an end.     The Significance of the Maturity Date When your mortgage term concludes, it's somewhat like a financial milestone, often referred to as the "maturity" or "renewal date." While it may not come with the fanfare of a birthday celebration, complete with cake and candles, it does present you with a range of intriguing financial options. Let's delve into these choices.   The First Path: Opting for Renewal Renewing your mortgage is akin to extending your existing financial agreement. If you have an outstanding balance, you can opt to continue with your current lender. However, it's important to note that the interest rate is likely to be adjusted, and not always in your favor.   The Second Avenue: The Refinancing Route For those who are familiar with investment strategies like the BRRRR method, refinancing is the third 'R' and a significant one at that. Refinancing offers you the opportunity to:   Secure more favorable interest rates Access the equity in your home for various purposes, such as home improvements   Moreover, refinancing allows you to modify the duration of your repayment plan. For example, if you're in a more stable financial situation, you could reduce a 25-year amortization period to just 15 years. This not only allows you to pay off your mortgage more quickly but also saves you a considerable amount in long-term interest. On the flip side, if you're facing new financial burdens, extending the term to 30 years could ease your monthly payments, although it would mean paying more interest over time.   The Third Option: Switching or Transferring Your Mortgage If your current lender isn't meeting your needs or expectations, you're not stuck with them. You have the freedom to switch or transfer your mortgage to another financial institution that aligns better with your goals and offers better terms.   The Final Frontier: Complete Payoff The ultimate goal for many is to be entirely free of mortgage payments. If you find yourself in a financially comfortable position, you might consider paying off the remaining balance. However, it's crucial to investigate any prepayment penalties that might apply, as these could make the payoff less advantageous.   Leveraging Refinancing for Property Investment If property investment piques your interest—especially strategies like the BRRRR method—then refinancing can be an invaluable tool. By leveraging the equity in your home, you can secure the necessary funds for a down payment on a new property. Your home's equity is essentially its current market value minus any remaining mortgage balance. If your property has appreciated over time, this could be a substantial amount.   Alternative Financing Mechanisms Refinancing isn't the only way to tap into your home's equity for a down payment or other financial needs. You can also consider:   Home Equity Line of Credit (HELOC): This operates much like a credit card and is secured against your home's equity. Home Equity Loans: These are lump-sum loans also secured against your home's equity.   Both of these options can serve as viable alternatives for a down payment on a new property or other financial needs.   Conclusion: The World is Your Financial Oyster The end of a mortgage term is not just an ending but a beginning filled with opportunities. Whether you choose to renew your mortgage, refinance, switch lenders, or pay off the balance entirely, each option offers its own set of advantages and disadvantages. The key is to make an informed decision that aligns with your financial goals and lifestyle needs. Thank you for taking the time to read this comprehensive guide, and as always, welcome to the Blue Coast family!   Feel free to disseminate this guide among those navigating the intricate landscape of mortgage terms. For more personalized advice, don't hesitate to get in touch.   By expanding on each section, this article should provide an 8-minute read packed with valuable insights into managing the end of your mortgage term. ### [Essential Things to Do After Moving Into Your New Home](https://www.sarniaproperty.com/blog_read/essential-things-to-do-after-moving-into-your-new-home)   Essential Things to Do After Moving Into Your New Home We've all felt that unparalleled thrill of unlocking the door to a new place, haven't we? The empty walls echoing back our plans and the floors waiting to be adorned with memories. But, before you get lost in the dreams of the perfect gallery wall or that fancy kitchen set-up, let's pause. Moving can be as daunting as it is exciting. To ensure your new house feels like home ASAP, let's delve into the essential things to do immediately after moving in.     Change Those Locks: You've got the keys, and the place is yours, but... who else might have a copy? It's always prudent to get new locks installed or at least get the existing ones rekeyed. This simple step can grant you peace of mind, knowing that your home is secure. Circuit Breaker and Fuse Box Familiarity:Think of this as getting acquainted with the heartbeat of your new home. Familiarize yourself with what switch controls what. Label them if they aren't already. This will save you many a fumbling moment during unexpected power outages. Water Valve Knowledge:Now, this might not sound like the most thrilling task, but it's undeniably essential. Ensure you know where the main water valve is. It can be a lifesaver, quite literally, in averting potential flooding or water damage. Safety Measures:Smoke and carbon monoxide detectors are non-negotiable. Check them, ensure they're working, and if the house doesn't have them, install them. Safety might not be glamorous, but it's the foundation of every cozy, happy home. Planning an Emergency Exit:If you're moving in with family, or even solo, it's wise to have an emergency exit route planned. It might seem a tad too cautious, but in moments of crisis, a clear plan can make all the difference. Energy Audit:Worried about those skyrocketing energy bills? An energy audit can be your best friend. It can help identify where you're losing energy and offer solutions to make your home more efficient. Not only does this save you money, but it's also a great step towards a greener planet. Exterior Inspection:Your home isn't just about the inside. Give the exterior some TLC too. Check for any gaps or cracks that need sealing. Clean out the gutters and ensure that the drains are clear. This not only maintains the appearance but also helps in the long run. Meet the Neighbors:Building a sense of community starts early. Drop by and introduce yourself to your neighbors. Sharing a coffee or even just a warm smile can forge bonds and create a supportive neighborhood environment. Pest Prevention:Unpacking is a task, but imagine finding unexpected guests among your boxes. No, not your in-laws, but pests! Before settling in completely, look for signs of pests and consider taking preventive measures. It's always easier to handle potential issues early on. Celebrate and Reflect:Last, but in no way least, take a deep breath. Pour yourself a drink, be it coffee, tea, or maybe champagne, and toast to the new chapter. Every wall, every corner is a blank canvas waiting for your touch. In conclusion, while moving can seem overwhelming, with a structured approach, it's manageable. A little planning, a sprinkle of proactive actions, and a dollop of celebration can make the transition smooth and memorable. Remember, every house has the potential to be a home; it just awaits your personal touch. ### [Energy Audits - A Money-Saving Secret Weapon](https://www.sarniaproperty.com/blog_read/energy-audits-a-money-saving-secret-weapon)   The Rising Importance of Home Energy Audits Energy isn't getting cheaper, leading many homeowners to wonder: how can they combat these ever-increasing expenses? The answer may lie in the comprehensive evaluation of our homes - the Home Energy Audit.   Understanding Home Energy Audits For those unfamiliar, think of an energy audit as a health check for your home's energy consumption. Particularly during the biting cold of Ontario's winters, understanding where energy is wasted can translate to significant savings. This is even more relevant if homeowners are considering major renovations or have noticed drafts and gaps around their dwellings.   An energy audit isn't just any inspection. The EnerGuide Home Evaluation dives deep, from the basement to the attic, calculating the entire energy consumption of the residence. It not only provides a rating for the home's energy use but also identifies areas of excessive energy expenditure. By highlighting these areas, homeowners can understand where impactful upgrades can lead to future energy savings.     The Benefits of Investing in an Energy Audit   1. Financial Incentives: The Canadian Government has committed an impressive 2.7 billion to promote energy-efficient homes. This means homeowners can avail of rebates up to $10,000 to make energy-efficient upgrades. However, this fund is limited, making it imperative to act soon.   2. Reduced Utility Bills: Implementing the recommendations from an energy audit can result in a reduction of annual heating and cooling bills by up to 30%. The long-term savings from this alone can be substantial.   3. Increased Home Value: Energy-efficient upgrades not only save money on bills but can also enhance the property's market value. Homes with recent energy-conserving changes tend to command higher prices in the market.   4. Home Longevity and Comfort: Implementing energy-efficient measures can also prolong the lifespan of the residence, safeguarding its structural integrity. Moreover, these changes significantly improve the overall comfort, ensuring basements remain warm in winters and upper floors stay cool during the summer months.   The Cost Factor While there's an upfront fee for the energy audit ($550 for the initial and $250 for the follow-up), the Government of Canada offers a rebate of $600 towards these audit fees. When combined with the potential rebate of up to $10,000 for home efficiency upgrades, the investment quickly becomes worthwhile.   Conclusion For those concerned about rising energy costs, the environment, or simply the comfort of their homes, an energy audit offers a comprehensive solution. Now is the ideal time, especially for Ontarians, to consider this option and maximize the available benefits. The promise of a greener, more efficient home awaits! ### [The Ultimate Fall Home Checklist](https://www.sarniaproperty.com/blog_read/the-ultimate-fall-home-checklist)   As the amber leaves of Ontario signal the arrival of autumn and temperatures begin their descent, homeowners face the pivotal task of preparing their abode for the diverse challenges of the season. From unpredictable rains to the earliest snowflakes, fall is a harbinger of varied weather conditions. This comprehensive checklist ensures that homes remain sturdy, snug, and serene, regardless of what autumn throws their way.     1. Gutter Guardianship: Autumn is synonymous with the mesmerizing cascade of leaves. While they're a sight to behold, they often find their way into your gutters, potentially causing extensive water damage to your roof and foundation. Regularly clearing out gutters and downspouts is paramount during these months.   2. Roof Reconnaissance: The aftermath of summer might have left its mark on your roof. Be vigilant and scan for signs of wear and tear—loose or missing shingles, cracks, or any damage. Prompt repairs ward off further deterioration.   3. Window and Door Wellness: Gaps in windows and doors are more than just an entry for chilly breezes; they can usher in moisture, proving detrimental to your home's sanctuary. Arm yourself with caulking or weatherstripping to seal these unwelcome spaces.   4. Heating System Health Check: Before winter's embrace, ensure your heating system's efficiency and health with a professional touch. Regular servicing mitigates the risk of unforeseen hitches during the colder days.   5. Fireplace and Chimney Check-up: For those with a fireplace, a pre-fall clean-up and inspection guarantees not only its safe operation but also a cozy and fire-hazard free home.   6. Safety Sensor Sweep: Autumn serves as an annual reminder to verify the functionality of your smoke and carbon monoxide detectors. A simple battery replacement and test can be a lifesaver.   7. Securing Seasonal Supplies: As temperatures continue to plummet, safeguarding your outdoor furniture and equipment ensures they remain in prime condition for the subsequent seasons.   8. Lawn and Garden Care: Fall is the time to fertilize your lawn and prune your plants, ensuring they flourish next spring.   9. Pest Proofing: As it gets colder, pests seek warmth. Seal home openings and consider pest control measures.   10. Driveway and Walkway Inspection: Fix cracks or uneven areas in driveways or walkways to prevent ice buildup and slipping.   11. Emergency Kit Update: Review and replenish your emergency kit, ensuring it's stocked with essentials for power outages or storms.   12. Insulate Water Lines: Protect your pipes from freezing by insulating exposed water lines.   13. Garage Clean-up: Organize and clean your garage, ensuring that winter essentials like shovels or salt are easily accessible.   14. Basement Inspection: Check for signs of moisture or mold which can increase during the colder months.   In embracing these fall maintenance strategies, Ontario homeowners are not only ensuring their dwellings stand resilient against the season's trials but are also fortifying their investments for many autumns to come. ### [August 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/august-2023-housing-market-update-for-sarnia-lambton)     August 2023 vs August 2022:   Sales Activity: 116 vs 140 (-17.1%) Dollar Volume: $62,800,000 vs $58,400,000 (+7.5%) New Listings: 229 vs 220 (+4.0%) Active Listings: 418 vs 349 (+19.8%) Months of Inventory: 3.6 vs 3.2 Average Price: $546,000 vs $500,000 (+9.2%) Sale to List Price Ratio: 98.2 vs 99.4   **Average price is corrected above     Breakdown by Area   Point Edward: Active Listings: 2 Conditionally Sold: 1   Sarnia North End: Active Listings: 79 Conditionally Sold: 8 Sold: 36 Average Sale Price: $600,000   Sarnia South End: Active Listings: 63 Conditionally Sold: 4 Sold: 37 Average Sale Price: $445,000   Bright's Grove: Active Listings: 19 Conditionally Sold: 1 Sold: 3 Average Sale Price: $591,000   Forest: Active Listings: 16 Conditionally Sold: 1 Sold: 2 Average Sale Price: $455,00    Plympton-Wyoming: Active Listings: 71 Conditionally Sold: 4 Sold: 15 Average Sale Price: $754,000    Lambton Shores: Active Listings: 40 Conditionally Sold: 2 Sold: 2 Average Sale Price: $454,000   Warwick: Active Listings: 4 Sold: 1 for $365,000    Brooke-Alvinston: Active Listings: 3 Sold: 1 Sale Price: $455,000   Enniskillen: Active Listings: 3 Conditionally Sold: 1 1 Sold for $460,000   Petrolia: Active Listings: 17 Conditionally Sold: 3 Sold: 2 Average Sale Price: $400,000   Dawn-Euphemia: Active Listings: 8   St. Clair Township: Active Listings: 40 Sold: 12 Average Sale Price: $550,000   Corunna: Active Listings: 16 Sold: 8 Average Sale Price: $500,000 ### [September 2023 Housing Market Update](https://www.sarniaproperty.com/blog_read/september-2023-housing-market-update)     September 2023 Figures:   Sales Activity: We saw 98 properties change hands, marking a 24.1% drop from September 2022.   Dollar Volume: Transactions totaled $50.8 million, down 27.1% from the same time last year.   New Listings: 253 properties hit the market, showing a slight 3.8% dip from the previous year.   Active Listings: We're observing 465 properties available, a notable 22% increase.   Months of Inventory: We're at 4.7 months, up from 2.9 months last September.   Average Price: Properties in Sarnia-Lambton went for $517,800, a 3.3% decrease year-over-year.   Sale to List Price Ratio: Properties sold at about 97.1% of their listing price, slightly down from 98.3% last year.   Neighborhood Breakdown:   Point Edward: 5 active listings 1 sale at $340,000.   North End of Sarnia: 84 properties on the market 5 conditionally sold 27 sales Average sale price: $587,000   South End of Sarnia: 81 listings 3 conditionally sold 33 sales Average sale price: $403,000   Bright's Grove: 17 listings 10 sales Average price: $683,000   Forest: 15 listings 2 conditionally sold 1 sale at $403,000   Plympton-Wyoming: 79 listings 4 conditionally sold 5 sales Average sale price: $494,000   Lambton Shores: 39 listings 3 conditionally sold 2 sales Average sale price: $752,000   Petrolia: 24 listings 1 conditionally sold 4 sales Average sale price: $463,000   St. Clair Township: 37 listings 4 conditionally sold 10 sales Average sale price: $521,000   Corunna: 20 listings 4 conditionally sold 6 sales Average sale price: $522,000 ### [Four Home Financing Questions & Answers](https://www.sarniaproperty.com/blog_read/four-home-financing-questions-answers)   For first-time home buyers, navigating the complex world of mortgages can seem daunting. Financial jargon, multiple institutions, and diverse mortgage products can make the process feel like a steep mountain to climb. However, fear not, because with the right guidance, you can find your way with ease. Today, we're going to address some commonly asked questions about home financing in Ontario, helping you take the first step towards owning your dream home.     Question 1. What's the First Step? The initial step towards securing a mortgage in Ontario is obtaining a mortgage pre-approval letter. This letter gives you a preliminary idea of how much you can borrow, and thus the price range of homes you can afford. Beyond its obvious benefits, such as understanding your budget, it also demonstrates to sellers that you're a serious buyer and not merely browsing the market.   To get the best deal, I recommend consulting a reputable mortgage broker. Their expertise allows them to compare multiple lending sources, potentially landing you a better rate than you could find on your own.   Question 2. Who Are The Players in Ontario's Home Financing Scene? Ontario boasts a diverse range of institutions offering home financing options: Major Banks: Institutions like TD, RBC, Scotiabank, and other notable names dominate this space. They offer a variety of mortgage products suitable for different needs. Credit Unions: Unlike traditional banks, credit unions are owned by their members. They're known for their personalized service and may offer specialized mortgage products tailored for Ontario residents. Trust Companies: Though less prevalent than banks and credit unions, trust companies offer distinctive mortgage options that can cater to unique buyer requirements. While other institutions lend primarily for commercial real estate, they might not be the best fit for individual home buyers, so we'll focus on the above for now.   Question 3. Diving into the Types of Financing Options When it comes to mortgages, one size doesn't fit all. There are various paths to explore: Fixed-rate Mortgages: Ideal for those who value stability, these mortgages keep your interest rate constant throughout the term, allowing for predictable monthly payments. Variable-rate Mortgages: With this option, your interest rate fluctuates based on market conditions. This can be beneficial when rates are falling, but there's an inherent risk when rates climb.   Question 4. Deciphering Open and Closed Mortgages When you're selecting a mortgage type, you'll often come across the terms 'open' and 'closed': Open Mortgages: These offer flexibility. You can make extra payments, or even pay off the entire mortgage early without incurring penalties. However, they typically come with slightly higher interest rates to offset the flexibility they offer. Closed Mortgages: More restrictive but often with lower interest rates. While you can make extra payments, they have a set limit. Exceeding this limit can result in prepayment penalties since the lender loses out on expected interest.   In Conclusion While the information provided here gives a foundational understanding of home financing in Ontario, it's essential to remember that the mortgage landscape is vast. Collaborating with a real estate agent, a financial expert and mortgage agent can provide insights tailored to your specific situation. ### [Winterizing Your Home: 15 Essential Steps for a Cozy, Problem-Free Season](https://www.sarniaproperty.com/blog_read/winterizing-your-home-15-essential-steps-for-a-cozy-problem-free-season)   Winterizing Your Home: 15 Essential Steps for a Cozy, Problem-Free Season Winter is just around the corner, and it's time to prepare your home to withstand the chilly temperatures, ice, and snow that come with it. Properly winterizing your home not only ensures your comfort but also helps you avoid potential costly repairs. Here are fifteen essential steps to help you winterize your home effectively:   1. Get Your Furnace Serviced: Before the winter chill sets in, schedule a professional HVAC technician to service your furnace. Regular maintenance ensures your heating system runs efficiently and reduces the risk of breakdowns during the cold season. Don't forget to replace the air filter for improved indoor air quality.   2. Reverse Your Ceiling Fans: Most ceiling fans have a switch that allows you to reverse the direction of the blades. In winter, set your fans to rotate clockwise at a low speed. This pushes warm air down from the ceiling and redistributes it throughout the room, making it feel cozier without overworking your heating system.   3. Prevent Ice Dams: Ice dams can wreak havoc on your roof and gutters. To prevent them, make sure your attic is well-insulated and ventilated. Proper insulation keeps warm air from escaping and melting snow on your roof, which can refreeze at the eaves and create ice dams.   4. Do a Roof Inspection: Before winter, inspect your roof for any missing or damaged shingles. Addressing these issues now prevents leaks and further damage during heavy snow or rain. Ensure your attic is adequately insulated to maintain a consistent roof temperature.   5. Caulk Your Windows and Doors: Inspect the caulking and weatherstripping around your windows and doors. If you find any gaps or cracks, apply fresh caulk or replace weatherstripping to prevent drafts. Proper sealing keeps warm air in and cold air out, reducing your heating bills.   6. Clean the Gutters: Clear out leaves, debris, and any blockages in your gutters and downspouts. Proper drainage is crucial to prevent ice buildup and roof damage. Make sure the gutters are securely fastened to your home to withstand winter storms.   7. Divert Water: Ensure that the ground around your home slopes away from the foundation. This prevents water from pooling around your basement, reducing the risk of flooding and foundation damage.   8. Turn Off Exterior Faucets: Disconnect and drain your garden hoses, and shut off the water supply to exterior faucets. This prevents frozen pipes and potential water damage to your home's interior.   9. Drain Your Sprinkler System: If you have an underground sprinkler system, it's essential to drain it before the first freeze. Standing water in the pipes can expand when it freezes, leading to costly damage.   10. Mulch Leaves When You Mow: Instead of raking leaves, consider mulching them with your lawnmower. Mulched leaves provide a natural source of nutrients for your lawn and can help protect it during the winter months. Plus, it's a time-saving alternative to traditional leaf raking.   11. Prepare to Stow Your Mower: Clean and service your lawnmower before storing it for the winter. Remove any remaining fuel, clean the blades, and store it in a dry, sheltered location.   12. Wait to Prune Trees/Shrubs: Delay major pruning of trees and shrubs until late winter or early spring. Pruning in the fall can stimulate new growth, which may be damaged by frost.   13. Winterize Your Sump Pump: Ensure your sump pump is in working condition. Test it by pouring water into the pit. If it doesn't activate, consider calling a professional to service or replace it.   14. Get the Chimney Swept: If you have a fireplace or wood-burning stove, schedule a chimney sweep to remove creosote buildup and ensure proper ventilation.   15. Prepare Your Tools for Winter: Clean and properly store your gardening tools and equipment. Lubricate moving parts to prevent rust and ensure they're ready for use in the spring.   By following these fifteen essential steps, you'll not only make your home more comfortable during the winter but also safeguard it from potential damage. Winterizing your home now can save you money on energy bills and prevent costly repairs in the long run. Enjoy a cozy and worry-free winter season! ### [Prepping Your Home for Winter Weather](https://www.sarniaproperty.com/blog_read/prepping-your-home-for-winter-weather)   Winter in Ontario is a mesmerizing blend of snow-laden landscapes and frosty mornings. However, as the mercury drops, homeowners in the Sarnia-Lambton region must brace themselves and their homes for the impending chill. Dive into our extensive guide to ensure your home remains a cozy haven, regardless of the winter onslaught outside.   1. Seal, Insulate, and Reinforce Begin by meticulously inspecting your home's exterior. Tiny cracks and gaps might seem insignificant but can let cold drafts infiltrate your home, escalating energy bills. Weatherstripping or caulk can be your best friend here. Windows and doors, especially older installations, can be significant sources of drafts. Consider adding draft stoppers or even investing in energy-efficient replacements if they've seen better days.   2. Gutter Maintenance: More Than Just Cleaning Gutters and downspouts play an unsung heroic role during winter. They ensure melting snow and ice have a clear path away from your home. Clean them thoroughly, removing any debris. But also, invest time in checking their alignment and ensuring they direct water well away from your home's foundation, preventing potential seepage.   3. Roof, Attic, and the Overhead Defense The roof isn't just about aesthetics; it's a primary defense line against winter adversities. Regularly inspect it for any signs of wear, damage, or missing shingles. Addressing minor issues now can prevent water leaks and more extensive damages later. Your attic, too, plays a crucial role. Enhancing its insulation can prevent heat loss, and ensuring proper ventilation can curb mold growth and ice dams.   4. Plumbing: The Winter Achilles Heel Freezing temperatures can be plumbing's nemesis. Burst pipes and leaks can cause significant damage. Disconnect outdoor hoses, insulate vulnerable pipes, especially those in unheated areas, and diligently shut off water to outdoor taps. For added security, consider installing frost-proof outdoor faucets.   5. Heating System: The Winter Workhorse Your heating system works overtime during winter. A professional inspection and cleaning can ensure it operates at peak efficiency. Regularly change furnace filters, and if your system is older, consider upgrading to a more energy-efficient model. Programmable thermostats can help maintain a consistent temperature, optimizing comfort and energy usage.   6. Safety First, Always Winter brings unique challenges. Regularly test your home's smoke and carbon monoxide detectors. Replace batteries annually. Create a winter emergency kit, tailored to your family's needs. Apart from the basics like flashlights and batteries, consider adding a battery-operated radio, essential medications, warm clothing, and a list of emergency contacts.   7. Preparing the Outdoors Your home's exterior spaces need attention, too. Trim tree branches that could become hazardous in heavy snow or wind. Ensure your walkways, driveways, and other outdoor spaces are free from debris. Stock up on eco-friendly ice melt, and maintain your snow-removal equipment, be it shovels or snow blowers.   8. Additional Tips Consider adding storm doors and windows for an additional layer of insulation against the cold. Invest in heavy, insulated curtains to further prevent drafts from windows. On sunny winter days, open these curtains to let in natural warmth. At night, draw them to retain heat. Remember, a bit of preparation can save money, reduce energy consumption, and enhance comfort. ### [Zoning Bylaws: What Buyers and Investors Should Know](https://www.sarniaproperty.com/blog_read/zoning-bylaws-what-buyers-and-investors-should-know)   In the dynamic landscape of urban development, zoning bylaws play a pivotal role. But what implications do these regulations hold for prospective buyers and savvy investors?   Demystifying Zoning BylawsUnderstanding zoning bylaws is essential for anyone venturing into the real estate market. These regulations, intricate at first glance, have a profound impact on property acquisition and development. From neighborhoods filled with residential homes to areas boasting towering commercial buildings, the distinction is largely a result of zoning regulations in action.   The Regulatory FrameworkZoning bylaws serve as a guide, dictating the permissible uses for each parcel of land within a municipality. Whether you're considering converting a residential property into a commercial space or envisioning a new development, it's imperative to consult the zoning regulations first.   Zoning and Investment ImplicationsFor investors, understanding zoning is crucial. Envision securing a piece of land with aspirations of erecting a multi-unit rental facility, only to later discover the area is designated solely for single-family dwellings. Such oversights can be costly. However, with diligent research and a comprehensive understanding, navigating the maze of zoning bylaws becomes a manageable task.   The Evolving Nature of ZoningZoning isn't static; it evolves with the changing needs of a community. The term "upzoning" refers to a shift in zoning regulations, allowing for denser development than previously permitted. Such transitions can lead to a significant appreciation in property values, making it advantageous for investors to stay updated.   Beyond Buildings: The Broader VisionIt's crucial to recognize that zoning extends beyond mere land use and building types. It encompasses the broader vision of urban planning, aiming to foster vibrant communities, ensure public safety, and curate the character of our cities.   Conclusion: Navigating the Zoning LandscapeWhen evaluating a potential property acquisition, it's prudent to ask: "What do the local zoning bylaws dictate?" And when in doubt, seeking guidance from seasoned professionals in the field is always a wise move.   While zoning bylaws might appear daunting, they are an integral component in the real estate decision-making process. Informed decisions, backed by thorough research, are the cornerstones of successful real estate ventures. ### [Alternative Financing](https://www.sarniaproperty.com/blog_read/alternative-financing)   Home financing. It's a term that's synonymous with the dream of homeownership. For many, the path to owning a home seems straightforward: save for a down payment, get a traditional mortgage, and make monthly payments until the home is yours. But what if I told you there's more to the story? Today, we're diving deep into the world of alternative financing in real estate.     Crowdfunding: Not Just for StartupsMost of us are familiar with crowdfunding as a way to raise money for innovative products or artistic projects. But in the realm of real estate, crowdfunding has taken on a whole new meaning. Imagine joining forces with a group of investors, pooling resources, and collectively owning a piece of property. This method democratizes real estate investment, allowing even those with modest means to get a foot in the door.   Peer-to-Peer Lending: The Personal TouchBorrowing from a bank can often feel impersonal and rigid. Enter peer-to-peer lending. This method connects individual borrowers with individual lenders, bypassing traditional financial institutions. It's like getting a loan from a friend, but on a grander scale. With more flexible terms and a human touch, peer-to-peer lending is reshaping how we think about loans.   Lease-to-Own: Test Driving Your Future HomeFor those on the fence about homeownership, lease-to-own offers a unique solution. Think of it as a prolonged test drive. You rent the property with the understanding that a portion of your rent will go towards a future purchase. It's a stepping stone approach, allowing potential homeowners to ease into the commitment.   The Importance of Expert GuidanceWhile these alternative financing options open new doors, they also come with their own set of challenges and nuances. It's crucial to seek expert advice before diving in. Every individual's financial situation is unique, and what works for one person might not work for another. ### [October 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/october-2023-housing-market-update-for-sarnia-lambton)   As the leaves change color and we settle into the last quarter of the year, the housing market has presented us with its own season of change. Let's delve into the October 2023 housing statistics and compare them with the trends from the previous year.     Sales Activity Takes a Slight Dip Total Sales: In October 2023, the market saw 110 properties change hands. This marks a 14.1% decrease compared to the bustling activity of October 2022.   Dollar Volume Indicates Cooling Total Dollar Volume: Approximately $57 million was exchanged in real estate transactions, a slight decrease of 5.7% from the previous year, suggesting a cooling in the total market spend.   Listing Landscape - More Options for Buyers New Listings: Potential sellers were more active, with 259 new listings, indicating a significant 21% increase. This suggests that sellers are still eager to enter the market. Active Listings: Active listings soared to 481, representing a notable 27% increase since last October, offering buyers more options.   Sales Metrics Reveal Market Temperature Sales to New Listings Ratio: This ratio stood at 42.5, which is lower than the 59.8 from the prior year, suggesting a shift towards a more balanced or buyer-friendly market. Months of Inventory: There's now a 4.4 months supply, up from the 3.0 months a year ago, hinting at a market that's slowing down.     Regional Breakdown: A Closer Look at Local Trends   Sarnia North End: Active Listings: 96 Conditionally Sold: 9 Sold: 24 Average Sale Price: $552,000   Sarnia South End: Active Listings: 83 Conditionally Sold: 12 Sold: 35 Average Sale Price: $394,000   Bright's Grove: Active Listings: 15 Conditionally Sold: 1 Sold: 5 Average Sale Price: $560,000   Plympton-Wyoming: Active Listings: 76 Conditionally Sold: 6 Sold: 8 Average Sale Price: $905,000   Lambton Shores: Active Listings: 33 Conditionally Sold: 4 Sold: 9 Average Sale Price: $607,000   Forest: Active Listings: 12 Conditionally Sold: 2 Sold: 8 Average Sale Price: $614,000   Petrolia: Active Listings: 24 Conditionally Sold: 4 Sold: 6 Average Sale Price: $440,000   St. Clair Township: Active Listings: 39 Conditionally Sold: 7 Sold: 10 Average Sale Price: $464,000   Corunna: Active Listings: 22 Conditionally Sold: 5 Sold: 9 Average Sale Price: $427,000 ### [Why You Should Lock in Your Interest Rate](https://www.sarniaproperty.com/blog_read/why-you-should-lock-in-your-interest-rate)   It's time to delve into an essential aspect of the home-buying process that often goes overlooked: locking in your interest rate. This step can significantly impact your financial future, especially in the fluctuating economic landscape of Ontario.     Understanding Interest Rates Firstly, let's understand what an interest rate is. In simple terms, it's the cost you pay for borrowing money, typically expressed as a percentage of the loan amount. When you're buying a home, securing a mortgage means you're borrowing money, and the interest rate determines how much extra you'll pay back over the life of your loan.   The Importance of Locking in Your Rate Now, why is locking in your interest rate so crucial? Interest rates are like the weather in Ontario - unpredictable. They can rise or fall based on various economic factors, including inflation, the state of the economy, and decisions made by the Bank of Canada.   By locking in your rate, you essentially freeze the current interest rate for a set period. This move protects you against potential increases in rates in the near future. Imagine locking in a rate today, and tomorrow, the rates climb. If you've locked in, you're already saving money compared to those who waited.   How to Lock In Your Rate So, how do you lock in an interest rate? It's a straightforward process. When you apply for a mortgage, your lender will typically offer the option to lock in the rate. This means that for a specified period, usually between 60 to 120 days in Ontario, your interest rate won't change, regardless of market fluctuations.   What Happens If Rates Change? Here's an interesting aspect: if interest rates drop after you've locked in, you're not necessarily stuck with the higher rate. Many lenders offer a "float down" option, allowing you to adjust to a lower rate if it becomes available. This flexibility ensures that you benefit from the best possible rate.   Questions to Consider When considering locking in your interest rate, ask yourself: How long do I plan to stay in this home? Longer stays might benefit more from a locked-in rate. What is the current economic forecast? Understanding market trends can help you make a more informed decision. What are the terms of the rate lock? Always understand the duration, costs, and conditions associated with your rate lock. Ask your lender. ### [Real Estate Investment Trusts](https://www.sarniaproperty.com/blog_read/reits)   The real estate market is witnessing a surge like never before. Everywhere you turn, there's chatter about property values, rental incomes, and investment opportunities. But amidst all this buzz, there's a term that's catching the attention of both seasoned investors and novices alike: REITs. So, what's this all about?     Understanding REITs Real Estate Investment Trusts, or REITs as they're popularly known, offer a unique bridge between the stock market and the real estate world. In simple terms, investing in a REIT allows you to delve into the real estate sector without the commitment and complexities of purchasing a physical property. Imagine owning a slice of a skyscraper in Toronto or a part of a bustling mall in Edmonton without ever setting foot in these places. That's the magic of REITs. It's akin to buying shares in a company, but here, the business is all about real estate.   The Mechanics of REITs At its core, a REIT operates by pooling funds from a multitude of investors. This collective fund is then strategically invested in buying, managing, or financing income-producing properties. These properties span a wide range, from commercial spaces, residential complexes, malls, hotels, to even specialized sectors like data centers or healthcare facilities.   The primary allure of REITs lies in their design. By mandate, they are required to distribute a significant portion (usually 90% or more) of their taxable income to shareholders in the form of dividends. This structure ensures a steady stream of income for investors, reminiscent of receiving rental income, but without the hassles of property management.   Why Consider REITs? The benefits of investing in REITs are manifold: Diversification: REITs offer a chance to diversify your investment portfolio. Instead of putting all your eggs in one basket, you can spread your investments across various real estate sectors. Liquidity: Unlike physical real estate, which can be time-consuming and cumbersome to sell, REIT shares can be easily bought or sold on major stock exchanges. Transparency: Being publicly traded entities, REITs are subject to the same regulatory scrutiny as other public companies, ensuring transparency and regular disclosures. Steady Income: Thanks to their dividend distribution mandate, REITs often provide a consistent and attractive income stream.   Treading with Caution However, as with all investments, diving into REITs without adequate knowledge can be risky. Property values can be volatile, influenced by economic downturns, changes in interest rates, or even geopolitical events. Moreover, not all REITs are created equal. Different trusts cater to different sectors, and their performance can vary based on management quality, property locations, and sectoral trends.   Finding Your Way If you're new to the world of REITs, it might seem a tad overwhelming. But fear not! The key lies in educating yourself, staying updated with market trends, and perhaps even seeking expert advice. Remember, every investment journey begins with a single step, and with the right knowledge and guidance, the vast world of real estate can be within your grasp. ### [November 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/november-2023-housing-market-update-for-sarnia-lambton)     Sales Activity (November 2023): Single Detached Market: 90 sales, a decrease of 7.2% from November 2022. Residential Market: 92 sales, a decrease of 6.1% from November 2022.   Dollar Volume (November 2023): Single Detached Market: $48,976,267, a decrease of 4.6% from November 2022. Residential Market: $49,911,267, a decrease of 3.5% from November 2022.   New Listings (November 2023): Single Detached Market: 184 new listings, an increase of 7.6% from November 2022. Residential Market: 199 new listings, an increase of 7.6% from November 2022.   Active Listings (November 2023): Single Detached Market: 442 active listings, an increase of 35.6% from November 2022. Residential Market: 479 active listings, an increase of 30.5% from November 2022.   Months of Inventory (November 2023): Single Detached Market: 4.9 months. Residential Market: 5.2 months.   Average Price (November 2023): Single Detached Market: $544,181, an increase of 2.8% from November 2022. Residential Market: $542,514, an increase of 2.8% from November 2022.   Median Price (November 2023): Single Detached Market: $490,000, an increase of 4.5% from November 2022. Residential Market: $490,000, an increase of 4.7% from November 2022.   Sale to List Price Ratio (November 2023): Single Detached Market: 97.0%. Residential Market: 96.9%.   Median Days on Market (November 2023): Single Detached Market: 31.0 days. Residential Market: 31.0 days.   Breakdown by Area   Point Edward: Active Listings: 6 Sold: 1 Average Sale Price: $500,000   Sarnia North End: Active Listings: 99 Conditionally Sold: 7 Sold: 19 Average Sale Price: $675,000   Sarnia South End: Active Listings: 75 Conditionally Sold: 9 Sold: 32 Average Sale Price: $343,000 (nearly half of the north end average)   Bright's Grove: Active Listings: 14 Conditionally Sold: 1 Sold: 2 Average Sale Price: $656,000   Forest: Active Listings: 12 Conditionally Sold: 1 Sold: 3 Average Sale Price: $573,000   Petrolia: Active Listings: 24 Conditionally Sold: 2 Sold: 9 Average Sale Price: $566,000   Plympton-Wyoming: Active Listings: 79 Conditionally Sold: 4 Sold: 5 Average Sale Price: $735,000   Lambton Shores, ON Active Listings: 34 Conditionally Sold: 1 Sold: 5 Average Sale Price: $723,000   St. Clair Township as a whole: Active Listings: 41 Conditionally Sold: 6 Sold: 13 Average Sale Price: $593,000   Corunna: Active Listings: 23 Conditionally Sold: 5 Sold: 9 Average Sale Price: $656,000 ### [How to Sell Your Home During the Winter Months](https://www.sarniaproperty.com/blog_read/how-to-sell-your-home-during-the-winter-months)   Winter is approaching fast! Selling your home during the winter months might seem daunting, but it's a great opportunity to attract serious buyers. With less competition, a little preparation, and the right marketing strategy, you can successfully sell your home during the colder months. Let's explore some tips and tricks for selling your home during the winter season.     Enhance Curb Appeal: First impressions count, and that's especially true when selling your home. Make sure your property looks inviting and well-maintained from the outside. Shovel snow from walkways and driveways, and remove any ice hazards. Adding seasonal decorations like wreaths or festive lights can create a warm and welcoming atmosphere that will entice potential buyers.   Create a Cozy and Inviting Interior: During the winter months, people are drawn to warm and cozy spaces. Keep the temperature in your home comfortable, and if you have a fireplace, consider lighting a fire during showings. Soft lighting, blankets, and throw pillows can also help create a cozy ambiance. This will make potential buyers feel at home and encourage them to envision living in your property.   Showcase Your Home with High-Quality Photos: Great photos are essential in showcasing your home's features and creating a positive first impression. Schedule a photoshoot on a sunny day when there's natural light, as this will help highlight your home's best features. Work with a professional photographer who can capture your home in its best light.   Strategic Pricing and a Knowledgeable Agent: Less competition in the winter months means you have an opportunity to stand out. Price your home strategically to attract serious buyers, and work with an experienced real estate agent who understands the local market. They can help you determine the best price and marketing strategy to sell your home quickly and efficiently.   Prepare for Showings: Always be prepared for showings during the winter months. Keep your home clean, organized, and ready for potential buyers at a moment's notice Having a plan in place for last-minute showings is essential, as motivated buyers may want to see your property as soon as possible. Additionally, ensure you have a secure location for your pets during showings, as this can create a more pleasant experience for potential buyers.   Conclusion: Selling your home during the winter months may seem challenging, but it can be advantageous with the right approach. Enhancing curb appeal, creating a cozy and inviting interior, showcasing your home with high-quality photos, pricing strategically, and working with a knowledgeable agent are all essential steps for a successful sale. By following these tips, you can make your home stand out from the competition and attract serious buyers, even during the colder months. ### [Colour of the Year 2024](https://www.sarniaproperty.com/blog_read/colour-of-the-year-2024) Each year, Pantone, the global authority on color, selects a shade that encapsulates the spirit and essence of our times. For 2023, Pantone has chosen the soothing and inviting PANTONE 13-1023 Peach Fuzz as the Color of the Year. This velvety gentle peach tone captures our desire to nurture ourselves and others, enriching mind, body, and soul. In this article, we'll explore how you can infuse your home with the comforting and all-embracing spirit of Peach Fuzz. Soften Your Space with Peach Fuzz Walls The easiest way to incorporate Peach Fuzz into your home is by using it as a wall color. This warm and inviting shade can instantly transform a room into a tranquil sanctuary. Consider painting an accent wall, your bedroom, or your living room in Peach Fuzz to create a cozy and nurturing atmosphere. It pairs beautifully with neutral tones like soft grays, whites, and creams, allowing it to take center stage without overwhelming the space. Inviting Peach Fuzz Furniture If you're not ready to commit to painting your walls in Peach Fuzz, consider introducing this lovely hue through furniture pieces. A Peach Fuzz sofa, armchair, or dining chairs can add a touch of warmth and comfort to your living and dining areas. These pieces can serve as focal points and create a balanced and harmonious look when combined with complementary colors and textures. Soft Furnishings and Accessories Peach Fuzz can be incorporated into your home in smaller, subtler ways through soft furnishings and accessories. Think about adding Peach Fuzz throw pillows, blankets, curtains, or rugs to your existing decor. These accents can bring a gentle and nurturing vibe to any room without overwhelming the space. Mixing and matching with other complementary colors like soft blues, greens, or earthy neutrals can create a harmonious color palette. Beautiful Peach Fuzz Art and Decor Artwork and decorative pieces can also play a pivotal role in embracing Peach Fuzz's serene charm. Look for paintings, prints, or sculptures that feature this color or incorporate it into their design. You can also consider adorning your walls with Peach Fuzz-framed mirrors, wall clocks, or decorative vases to infuse your space with a nurturing ambiance. Incorporate Natural Elements Peach Fuzz pairs wonderfully with natural materials and textures. Consider incorporating wooden furniture, wicker baskets, and ceramic pottery into your decor. These natural elements not only complement the color but also add depth and tactile appeal to your space, enhancing the overall sense of coziness and serenity. Personalize with Peach Fuzz Accessories To truly make your home feel like your own, don't forget to add personal touches. Consider Peach Fuzz photo frames, scented candles, or decorative trays to showcase your cherished memories and items. These subtle additions can tie the color theme together while adding a personal touch to your space.   Pantone's Color of the Year for 2023, Peach Fuzz, offers a welcoming and nurturing embrace for your home. Whether you choose to paint your walls, incorporate furniture, or simply add soft furnishings and accessories, this gentle peach tone can transform your living space into a serene sanctuary. Embrace the spirit of Peach Fuzz and watch as it enriches your mind, body, and soul, creating a haven of comfort and tranquility in your home. ### [The Essential Steps of Buying a Home](https://www.sarniaproperty.com/blog_read/the-essential-steps-of-buying-a-home)   The Essential Steps of Buying a Home Buying a home is a thrilling journey, filled with hopes, dreams, and a fair share of complexities. Whether you're a first-time buyer or a seasoned homeowner, navigating the home-buying process can be daunting. This comprehensive guide is designed to shed light on the essential steps of buying a home, providing you with a clear roadmap to make your home-buying experience as smooth and enjoyable as possible.     Understanding Your Motivation Why Are You Buying? Before diving into the home-buying process, it's important to reflect on why you're making this move. Are you looking for more space, downsizing, or seeking a lifestyle change? Your motivations will significantly influence your search criteria, budget, and timeline.   Financial Assessment Getting Your Finances in Order The first step in your home-buying journey is to assess your financial situation. This includes: Reviewing Your Savings: How much do you have for a down payment? Understanding Your Credit Score: A higher score can mean better mortgage terms. Determining Your Budget: How much house can you realistically afford? This financial introspection is crucial and can take anywhere from a few weeks to a couple of months.   Mortgage Pre-Approval Securing Your Budget Getting pre-approved for a mortgage is a critical step. It not only gives you a clear idea of your budget but also shows sellers that you’re a serious and qualified buyer. Pre-approval typically takes a few days to a week.   Choosing a Real Estate Agent Finding a Guide Selecting an experienced and knowledgeable real estate agent is key. Your agent will be your advocate and guide, helping you navigate the complexities of the market.   The Home Search Finding Your Dream Home With your agent, embark on the search for your ideal home. This involves: Defining Your Criteria: Discuss your needs, wants, and deal-breakers. Exploring Neighborhoods: Consider location, amenities, and community vibes. Scheduling Showings: Visit homes that meet your criteria. This phase can vary in duration, often taking several weeks to several months.   Showings and Viewings Experiencing Potential Homes Attending showings and viewings is where you get a real feel for potential homes. Be prepared to invest time in visiting various properties, often during weekends and evenings.   Making an Offer Taking the Leap Once you find a home that captures your heart, it's time to make an offer. Your agent will assist in determining a fair price and crafting your offer, taking into account the local market conditions.   Negotiation The Art of the Deal Be prepared for a bit of back-and-forth after making your offer. Sellers may counter, and your agent will help you navigate these negotiations to reach a mutually agreeable price.   Due Diligence Inspecting Your Future Home After your offer is accepted, you'll enter the due diligence period. This usually involves: Home Inspection: Checking for hidden issues. Negotiating Repairs: Based on inspection results. Appraisal: Ensuring the home’s value matches the purchase price. This period typically lasts 1-2 weeks.   Securing Financing Finalizing Your Mortgage As you near the closing date, you'll need to finalize your mortgage financing. This stage can take a few weeks to a month and involves locking in your loan details and interest rate.   Closing The Final Step On closing day, you'll sign a plethora of paperwork, legally transfer the property into your name, and handle the financial transactions. Your agent and lawyer will guide you through this process to ensure everything goes smoothly.   Conclusion Buying a home is a significant life event, and being well-prepared can make all the difference. By understanding each step of the process and what to expect, you can navigate your home-buying journey with confidence and excitement. Welcome to the next chapter of your life – homeownership! ### [Winter-Proofing Your Home](https://www.sarniaproperty.com/blog_read/winter-proofing-your-home)   Winter in Ontario is a mesmerizing blend of snow-laden landscapes and frosty mornings. However, as the mercury drops, homeowners in the Sarnia-Lambton region must brace themselves and their homes for the impending chill.     Dive into our extensive guide to ensure your home remains a cozy haven, regardless of the winter onslaught outside.   Seal, Insulate, and Reinforce Begin by meticulously inspecting your home's exterior. Tiny cracks and gaps might seem insignificant but can let cold drafts infiltrate your home, escalating energy bills. Weatherstripping or caulk can be your best friend here. Windows and doors, especially older installations, can be significant sources of drafts. Consider adding draft stoppers or even investing in energy-efficient replacements if they've seen better days.     Gutter Maintenance Gutters and downspouts play an unsung heroic role during winter. They ensure melting snow and ice have a clear path away from your home. Clean them thoroughly, removing any debris. But also, invest time in checking their alignment and ensuring they direct water well away from your home's foundation, preventing potential seepage.     Roof & Attic The roof isn't just about aesthetics; it's a primary defense line against winter adversities. Regularly inspect it for any signs of wear, damage, or missing shingles. Addressing minor issues now can prevent water leaks and more extensive damages later. Your attic, too, plays a crucial role. Enhancing its insulation can prevent heat loss, and ensuring proper ventilation can curb mold growth and ice dams.     Plumbing Freezing temperatures can be plumbing's nemesis. Burst pipes and leaks can cause significant damage. Disconnect outdoor hoses, insulate vulnerable pipes, especially those in unheated areas, and diligently shut off water to outdoor taps. For added security, consider installing frost-proof outdoor faucets.     Heating System Your heating system works overtime during winter. A professional inspection and cleaning can ensure it operates at peak efficiency. Regularly change furnace filters, and if your system is older, consider upgrading to a more energy-efficient model. Programmable thermostats can help maintain a consistent temperature, optimizing comfort and energy usage.     Safety First Winter brings unique challenges. Regularly test your home's smoke and carbon monoxide detectors. Replace batteries annually. Create a winter emergency kit, tailored to your family's needs. Apart from the basics like flashlights and batteries, consider adding a battery-operated radio, essential medications, warm clothing, and a list of emergency contacts.   Preparing the Outdoors Your home's exterior spaces need attention, too. Trim tree branches that could become hazardous in heavy snow or wind. Ensure your walkways, driveways, and other outdoor spaces are free from debris. Stock up on eco-friendly ice melt, and maintain your snow-removal equipment, be it shovels or snow blowers.   Additional Tips Consider adding storm doors and windows for an additional layer of insulation against the cold. Invest in heavy, insulated curtains to further prevent drafts from windows. On sunny winter days, open these curtains to let in natural warmth. At night, draw them to retain heat. Remember, a bit of preparation can save money, reduce energy consumption, and enhance comfort. ### [New Year's Resolutions for Home Sellers](https://www.sarniaproperty.com/blog_read/new-years-resolutions-for-home-sellers)   As the new year rolls in, it's a fantastic time for home sellers to set resolutions that pave the way for a successful sale. With the ever-evolving real estate market, staying ahead of the curve is key. This comprehensive guide will delve into practical and effective strategies for making 2023 the most successful year for selling your home.     1. Becoming a Local Market Detective The first step in your home-selling journey is to gain a deep understanding of your local real estate market. Knowledge about current housing prices, inventory levels, and market trends is crucial. This information acts as your secret weapon, helping you determine the perfect timing and pricing for your home sale. Engaging with a knowledgeable realtor can provide invaluable insights and data, so don't hesitate to reach out to a professional.   2. The Art of Decluttering and Depersonalization Next, transform your home into a welcoming canvas for potential buyers. The process of decluttering and depersonalizing is more than just tidying up; it's about creating a space where buyers can envision their future. Remove personal items like family photos and clear out clutter to make each room appear more spacious and inviting. This step is vital for impressing buyers during showings and open houses.   3. Addressing Repairs and Considering Upgrades Now, turn your attention to fixing existing issues and making thoughtful upgrades. Addressing long-standing repairs and considering cost-effective improvements can significantly enhance your home's appeal. Simple changes like updating fixtures or repainting rooms can make a noticeable difference. Remember, these upgrades are not just about aesthetics but also about showcasing a well-maintained property.   4. Enhancing Your Home's Curb Appeal First impressions are critical in the real estate world. Enhance your home's exterior to make it stand out in the neighborhood. This can involve a fresh coat of paint, landscaping improvements, or even small touches like a new mailbox or house numbers. A visually appealing exterior can significantly increase interest in your property.   5. Teaming Up with Real Estate Professionals Finally, collaborating with experienced real estate professionals can elevate your selling experience. A skilled real estate agent brings a wealth of knowledge, resources, and negotiation skills. They can guide you through the complexities of the selling process and help you secure the best possible deal. Additionally, consider other professionals like home stagers or photographers to present your home in the best light.   Conclusion Selling your home is a significant endeavor, and setting the right resolutions can make all the difference. By understanding your local market, preparing your home effectively, and partnering with experienced professionals, you can maximize your chances of a successful and profitable home sale. Welcome to your best year of home selling with Blue Coast Realty! ### [What is a Heat Pump?](https://www.sarniaproperty.com/blog_read/what-is-a-heat-pump)   Understanding Heat Pumps Heat pumps have recently emerged as a significant topic in Canadian political discourse, intriguing homeowners and environmentalists alike. But what exactly are these devices, and why are they garnering so much attention? Are they the transformative solution for home heating and cooling that many suggest? This article delves into the world of heat pumps, exploring their benefits, costs, and the incentives available for Canadian homeowners, with a particular emphasis on the rebates for Ontarians.   What is a Heat Pump? A heat pump is a device that transfers heat from one place to another using minimal energy. It operates similarly to a refrigerator, but in reverse. While a refrigerator removes heat from its interior and expels it to the surrounding air, a heat pump can extract heat from the outside air (even in cold temperatures) and transfer it inside. Conversely, in warmer months, it can remove heat from the inside of a home to cool it down.   Benefits of Heat Pumps Heat pumps are celebrated for their energy efficiency, which translates into lower utility bills for users. This efficiency stems from their ability to move heat rather than generate it by burning fuel. They are also environmentally friendly, contributing to a reduction in carbon footprint. Beyond these advantages, heat pumps offer a consistent temperature control, making homes comfortable throughout the year, regardless of the season.   Costs and Considerations While heat pumps present numerous benefits, they also come with certain costs and considerations. The initial investment for a heat pump system can be higher than traditional heating systems. The installation process might be complex, depending on the existing setup of a home.   In extremely cold climates, the efficiency of heat pumps can decrease, although advancements in technology are continually addressing this issue. Regular maintenance is crucial for ensuring the longevity and efficiency of the system.   Incentives for Canadian Homeowners In Canada, particularly in Ontario, there are substantial incentives for installing heat pumps. The Ontario government offers significant rebates, potentially amounting to several thousand dollars, to offset the initial costs. These rebates are part of a broader initiative to promote energy-efficient and environmentally friendly home solutions.   Is a Heat Pump Right for You? Deciding whether a heat pump is suitable for a particular home depends on various factors, including the location of the home, the budget, and the homeowner's commitment to energy efficiency. In many cases, the long-term savings and environmental benefits make heat pumps an attractive option.   Conclusion Heat pumps represent a promising technology for Canadian homeowners seeking an efficient and eco-friendly solution for heating and cooling. With the added financial incentives, particularly in Ontario, they are becoming an increasingly popular choice.   ### [December 2023 Housing Market Update for Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/sarnia-market-update-december2023)   As 2023 came to a close, the Sarnia-Lambton housing market showed some interesting trends. Let’s take a closer look at the numbers for December 2023, compared to the same month in the previous year.     Sales Activity: In December 2023, the residential market saw 71 properties sold, marking a 6.6% decrease from December 2022.   Dollar Volume: Total sales amounted to approximately forty million dollars, representing a 3.4% decrease from last year.   New Listings: The market saw 74 new properties listed, showing no significant change compared to December 2022.   Active Listings: There were 343 active listings, a substantial 30% increase from the previous year.   Months of Inventory: The market experienced 4.8 months of inventory, indicating a more balanced environment between buyers and sellers.   Average Price: The average sale price in the residential market was about five hundred sixty-five thousand dollars, a noticeable increase from December 2022.   Sale to List Price Ratio: The ratio stood at 96.2%, suggesting that most homes sold close to their listed prices.   Median Days on Market: Homes typically took around 35 days to sell, reflecting a steady pace in the market.   Breakdown by Area:   Sarnia North End: Active Listings: 67 Conditionally Sold: 3 Sold: 19 Average Sale Price: $733,000   Sarnia South End: Active Listings: 49 Conditionally Sold: 2 Sold: 22 Average Sale Price: $433,000   Bright's Grove: Active Listings: 10 Conditionally Sold: 0 Sold: 2 Average Sale Price: $600,000   Plympton-Wyoming: Active Listings: 66 Conditionally Sold: 1 Sold: 8 Average Sale Price: $610,000   Lambton Shores: Active Listings: 27 Conditionally Sold: 0 Sold: 3 Average Sale Price: $438,000   Forest: Active Listings: 7 Conditionally Sold: 0 Sold: 3 Average Sale Price: $438,000   Petrolia: Active Listings: 15 Conditionally Sold: 1 Sold: 2 Average Sale Price: $500,000   St. Clair Township: Active Listings: 33 Conditionally Sold: 1 Sold: 6 Average Sale Price: $480,000   Corunna: Active Listings: 22 Conditionally Sold: 1 Sold: 5 Average Sale Price: $520,000 ### [5 Tips for Navigating Open Houses](https://www.sarniaproperty.com/blog_read/5-tips-for-navigating-open-houses)   We’ve rebounded pretty darn good from the days of having zero open houses during the pandemic. Those days were trash! Nowadays, open houses have made an awesome comeback. They offer a unique opportunity for potential buyers to explore properties, envision their future homes, and make informed decisions. But with so many factors to consider, how can you ensure that your open house visits are effective and fruitful?   1. Preparation is Key: Before you even step foot in an open house, it's crucial to do your homework. Researching the neighborhood, local amenities, schools, and recent sales in the area can give you a clearer picture of what to expect and what you're looking for. This preparation not only saves you time during your visits but also arms you with the knowledge to ask the right questions and make informed decisions.   2. Timing and Etiquette: Respecting the scheduled times for open houses is important. Arriving on time shows your seriousness and respect for the seller's and agent's time. It also ensures you have ample opportunity to explore the property without feeling rushed. Remember, an open house is not just about viewing a property; it's also about making a good impression on the agents and sellers.   3. Detailed Observation: Once you're at the open house, take the time to observe the details. Take notes and photos to help you remember each property's unique features and potential drawbacks. Pay attention to the layout, the condition of the property, natural light, and any signs of necessary repairs. This attention to detail will help you later when comparing properties and deciding which one feels like home.   4. Engaging with Agents: Don't hesitate to engage with the real estate agent hosting the open house. Ask insightful questions about the property's history, any recent renovations, and the reasons behind the sale. These conversations can provide valuable insights into the property's value, potential, and any hidden issues that might not be immediately apparent.   5. Emotional Connection: As you walk through each house, try to envision your life in that space. Consider how your daily routine would fit and how the space makes you feel. This emotional connection is often a key factor in choosing a home. It's not just about the physical structure but about how it aligns with your life and aspirations.   Post-Visit Reflection: After visiting an open house, take some time to reflect on what you've seen. Go over your notes and photos, and think about how each property aligns with your needs and preferences. This reflection is crucial in helping you narrow down your choices and make a decision that you'll be happy with in the long run.   Conclusion: Navigating open houses effectively can be your key to finding your dream home. It's a process that combines thorough preparation, keen observation, and emotional connection. Remember, it's not just about finding a house; it's about discovering a space where your life can unfold.   ### [Should I Sell or Buy When Interest Rates Are High?](https://www.sarniaproperty.com/blog_read/should-i-sell-or-buy-when-interest-rates-are-high)   Interest rates play a significant role in shaping the dynamics of the real estate market in Canada. Whether you're a prospective homebuyer, a homeowner, or an investor, understanding the relationship between interest rates and real estate can help you make informed decisions. In this article, we will explore the effects of interest rates on the Canadian real estate market and discuss their implications for various stakeholders.   The Power of Interest Rates: Interest rates are the cost of borrowing money and are set by central banks. When interest rates are low, it becomes more affordable for individuals and businesses to obtain mortgages and loans. Lower rates stimulate demand for real estate as borrowing costs decrease. This surge in demand leads to increased competition among buyers, ultimately driving up housing prices. Consequently, sellers benefit from these favorable conditions as they can potentially sell their properties at higher prices due to the increased demand.   Interest Rates on the Rise: Conversely, when interest rates start to rise, the borrowing costs increase, making it more challenging and costly for individuals to secure loans. Higher interest rates dampen the demand for real estate, as fewer buyers can afford the increased monthly mortgage payments. This decrease in demand can slow down the pace of home sales, potentially leading to a stabilization or even a decline in housing prices.   Purchasing Power and Affordability: Interest rates directly impact buyers' purchasing power and affordability. As interest rates rise, the monthly mortgage payments increase, reducing the amount buyers can borrow and affecting the price range of homes they can afford. This limitation can make the difference between purchasing a dream home or having to settle for a more modest property. Conversely, lower interest rates enhance buyers' purchasing power, allowing them to consider a wider range of properties and potentially afford larger homes.   The Role of Mortgage Stress Tests: In Canada, the Office of the Superintendent of Financial Institutions (OSFI) implemented mortgage stress tests in recent years to ensure borrowers can afford their mortgages even in the face of rising interest rates. These stress tests assess borrowers' ability to make mortgage payments based on a higher qualifying rate, which helps protect against potential financial strain if interest rates were to increase.   Implications for Homeowners and Investors: Homeowners with fixed-rate mortgages can enjoy the stability of predictable monthly payments, regardless of fluctuations in interest rates during the term of their mortgage. However, those with variable-rate mortgages may experience changes in their monthly payments, as these mortgages are tied to benchmark interest rates such as the prime rate. Investors in the real estate market should carefully consider interest rate trends as they can impact both the demand for rental properties and the return on investment.   Conclusion: Interest rates hold substantial influence over the Canadian real estate market. Low rates drive up demand, leading to rising housing prices, while higher rates can cool down the market and limit purchasing power. Understanding these dynamics is crucial for homebuyers, homeowners, and investors to make informed decisions. If you're considering entering the real estate market or navigating mortgage options, staying informed about interest rate trends and consulting with professionals in the field will help you navigate this dynamic landscape.   ### [The Wealth-Building Power of Homeownership and Real Estate Investment](https://www.sarniaproperty.com/blog_read/the-wealth-building-power-of-homeownership-and-real-estate-investment)   Homeownership is often seen as a key milestone in life, a symbol of stability and achievement. However, beyond the emotional and social aspects, owning a home or rental property is a powerful strategy for wealth creation. This article delves into the various ways in which property ownership can significantly enhance your financial stability and growth.   Building Equity: A Cornerstone of Wealth Equity is a critical concept in homeownership. It represents the part of your property that you truly own – the market value minus any outstanding debts or mortgages. As you pay off your mortgage, your equity increases, acting as a form of forced savings. Over time, this equity can grow to a substantial amount, becoming a significant portion of your net worth. This gradual increase in equity is one of the most reliable ways to build wealth, providing homeowners with a valuable asset that can be leveraged for future financial needs.   Appreciation: The Value Growth Factor Real estate values have historically shown a consistent upward trend over time. This means that the property you buy today is likely to increase in value in the future. Appreciation can vary based on location, market conditions, and property type, but it remains a major source of wealth creation for property owners. In booming real estate markets, the appreciation can be particularly significant, offering homeowners a substantial return on their investment.   Rental Income: A Steady Wealth Stream For those who own rental properties, the monthly rent collected can be a consistent and reliable source of income. This income stream can help cover mortgage payments, property maintenance, and other related expenses, with the surplus contributing directly to your wealth. Additionally, being a landlord can impart valuable business and people management skills, further enhancing your ability to manage and grow your rental property portfolio.   Tax Benefits: A Financial Advantage The tax advantages of owning property are often an overlooked aspect of real estate investment. Homeowners can benefit from deductions on mortgage interest, property taxes, and in some cases, maintenance costs. These deductions can lead to significant savings over time, reducing your overall tax burden and improving your financial position.   Leverage: Maximizing Investment Potential Leverage is a unique benefit of real estate investment. It allows you to control a large asset – the property – with a relatively small initial investment (the down payment). This leverage can significantly amplify your investment returns as the property's value increases, offering a higher rate of return on your initial investment compared to other asset classes.   Diversification: Reducing Financial Risk Investing in real estate adds a different asset class to your investment portfolio, which can help in diversifying your investment risks. Real estate often has a low correlation with other major asset classes like stocks and bonds, meaning it can act as a buffer during market fluctuations. This diversification can reduce the overall risk in your investment portfolio, providing a more stable financial foundation.   Credit Opportunities: Improving Financial Standing Consistently paying your mortgage and building equity can improve your creditworthiness. This enhanced credit profile can open doors to more favorable loan terms and rates for future investments or purchases, further facilitating your ability to grow your wealth.   Stability and Security: Psychological Benefits Owning property provides a sense of stability and security that can have positive psychological benefits. This sense of permanence and control over one's living situation can lead to better decision-making in other areas of your financial life, as concerns about rent increases or eviction are mitigated.   Conclusion Owning property is more than just having a place to call home; it's a strategic financial decision that can set you up for long-term success. Whether through building equity, benefiting from property appreciation, generating rental income, enjoying tax benefits, leveraging your investment, diversifying your portfolio, improving your credit standing, or simply enjoying the stability it provides, real estate ownership is a multifaceted approach to wealth building. ### [The Role of Real Estate in Retirement Planning](https://www.sarniaproperty.com/blog_read/the-role-of-real-estate-in-retirement-planning)   Retirement is a chapter of life many of us look forward to, envisioning years of relaxation and enjoyment. However, achieving a comfortable and financially secure retirement requires foresight and strategic planning. One of the most effective strategies lies in making informed real estate decisions. In this article, we'll explore how real estate can play a pivotal role in shaping your retirement, offering both financial stability and emotional security.   Understanding the Role of Real Estate in Retirement: Real estate investment is not just about acquiring property; it's about laying a foundation for your future. The choices you make in real estate today can significantly impact your financial comfort and independence during retirement. It's a journey that transcends the present, preparing you for a future that is as rewarding as it is secure.   The Power of Homeownership: Homeownership is more than a lifestyle choice; it's a key financial strategy for retirement. Owning your primary residence can provide substantial benefits as you enter your golden years. Imagine the peace of mind that comes with living rent-free in a fully paid-off home, or the financial flexibility offered by tapping into your home's equity. This is the power of homeownership – a power that extends well beyond the walls of your house.   The Benefits of Investment Properties: Investment properties offer another avenue for securing your retirement. These properties can generate a steady stream of rental income, supplementing other retirement funds and providing a consistent cash flow. This income can be a crucial buffer in managing living expenses and maintaining your lifestyle in retirement.   Selling for Profit: For many, selling a property later in life can provide a significant financial boost. This strategy involves selling a property at a profit and reinvesting the proceeds, diversifying your investment portfolio and enhancing your financial security. It's a move that requires careful timing and market understanding but can be incredibly rewarding.   Emotional Security and Pride: Beyond the financial benefits, owning property brings a sense of emotional security and pride. It's about having a tangible asset that represents your hard work and achievements. This emotional aspect is often overlooked but is vital in ensuring a fulfilling retirement.   Planning Your Real Estate Journey: Planning your real estate journey involves aligning your property choices with your retirement goals. Whether you dream of a serene beach house, a vibrant city condo, or a quaint country home, your vision for retirement should guide your real estate decisions. It's about finding a balance between your aspirations and practical financial planning.   Financial Planning and Real Estate: Effective financial planning is integral to successful real estate investment. It requires a comprehensive understanding of your financial situation, market trends, and long-term goals. With careful planning and the right guidance, real estate can be a smart and rewarding investment, paving the way for a secure retirement.   The Role of Community in Retirement: Finally, the role of community in retirement cannot be overstated. The right neighborhood can greatly enhance your retirement experience, offering not just a home, but a community to share your days with. It's about finding a place where you can build connections and enjoy your retirement to the fullest. ### [February 2024 Market Update- Sarnia](https://www.sarniaproperty.com/blog_read/february-2024-sarnia-market-update) Stay informed on the dynamic real estate landscape with our 'Sarnia Real Estate Market Update.' Discover the latest trends, property values, and market insights that can guide your buying or selling decisions in Sarnia. BlueCoast Realty provides a comprehensive analysis, showcasing the pulse of the local real estate scene. Whether you're a potential homebuyer, seller, or investor, our expertly crafted market update will equip you with valuable knowledge. Explore opportunities, understand pricing dynamics, and make informed choices with the most recent data at your fingertips. Trust BlueCoast Realty for accurate, timely information that empowers your journey in the Sarnia real estate market.   The real estate market in February 2024 remains resilient, with a slight dip of 1% in sales activity compared to the previous year but a positive uptick in dollar volume of about 1.5%.New listings and active listings have increased significantly, providing opportunities for both buyers and sellers. The sales-to-list price ratio is strong at 97.4%, indicating a confident and balanced market. With four months of inventory, the market is balanced for both parties. The average sale price has increased by 22%, while the median price remains higher than previous years. The median days on the market stand at 24.5 days, offering a balanced perspective. Looking ahead, the market is expected to remain active, with potential rate decreases and promotional rates from banks driving buyer interest. Overall, it's a promising outlook for both buyers and sellers in the Sarnia Lampton real estate market in 2024.     ### [How a Real Estate Agent Saves You TIME, MONEY, and STRESS!](https://www.sarniaproperty.com/blog_read/how-a-real-estate-agent-saves-you-time-money-and-stress) Buying a home is a monumental financial decision, far more than just securing shelter. It's about finding your dream home and striking the best deal possible. In this blog, we emphasizes the pivotal role of an experienced real estate agent in this process. We highlight a common oversight...the lack of research into selecting a real estate agent. Many individuals opt for recommendations from friends or random choices, neglecting the magnitude of this decision. We urge prospective buyers to invest time in interviewing multiple agents to ensure alignment with their goals. Experience reigns supreme in the real estate realm. Beyond mere "door openers," seasoned agents serve as trusted advisors throughout the entire journey. Their wealth of knowledge about local markets, property values, and neighborhood dynamics empowers buyers to make informed decisions and negotiate the best deals. Drawing from years of expertise, we stress the invaluable guidance and support offered by experienced agents. From assisting in finding the perfect home to navigating complex contracts and negotiations, Experienced realtors are unwavering partners every step of the way. In conclusion, we remind viewers that it's not just about finding someone to open doors; it's about finding a knowledgeable, experienced real estate agent dedicated to achieving your goals. At Blue Coast Realty, clients can expect nothing less than exceptional service and expertise. So, as you embark on your home buying journey, remember the importance of an experienced real estate agent. Happy house hunting, and welcome home to the Blue Coast.       ### [Maximizing Your Return On Investment (ROI)](https://www.sarniaproperty.com/blog_read/maximizing-your-return-on-investment-roi) Renovating your home is not just about improving its aesthetics or functionality – it's also an investment in its future value. But with so many renovation options available, how do you know which projects will offer the best return on investment (ROI)? In this post, we explore the top home renovation projects that add the most value to your property. From kitchen remodels to bathroom upgrades and outdoor renovations, we'll break down the costs, benefits, and potential resale value of each project, helping you make informed decisions about where to invest your renovation budget.   First and foremost the Kitchen. The kitchen is often considered "The heart of the home" and a focal point for potential buyers. Investing in a kitchen remodel can yield significant returns, with an average ROI ranging from 70% to 80%. Upgrade outdated appliances, replace worn countertops, and consider refacing or replacing cabinets for a fresh, modern look. Blue Coast Realty experts can help you design a kitchen renovation that maximizes both functionality and resale value.   Bathroom upgrades are another high-impact renovation project that can increase your home's value. Focus on updating fixtures, replacing old flooring, and adding modern touches like a glass-enclosed shower or soaking tub. With an average ROI of 60% to 70%, a well-designed bathroom renovation can attract buyers and command a higher sale price. Here at Blue Coast Realty we can assist you in finding someone to help select the right upgrades to achieve maximum impact within your budget.   Outdoor living spaces are becoming increasingly popular among homebuyers, making outdoor renovations a smart investment. Whether it's adding a deck, patio, or landscaping improvements, enhancing your outdoor space can significantly increase your home's curb appeal and resale value. BlueCoast Realty can help you create an inviting outdoor oasis that appeals to buyers and sets your home apart from the competition.   Sustainability Sells, Investing in energy-efficient upgrades not only reduces your utility bills but also enhances your home's value. Consider installing energy-efficient windows, upgrading insulation, or adding solar panels to improve energy efficiency and appeal to eco-conscious buyers. With the growing demand for sustainable homes, energy-efficient upgrades can offer a competitive edge in the real estate market. Blue Coast Realty can advise you on the best energy-efficient options for your home renovation project.   Lastly, Don't Overlook the Basics, Sometimes it's the little things that make the biggest difference. Don't underestimate the value of minor updates and maintenance tasks like fresh paint, replacing outdated fixtures, or repairing minor damages. These relatively low-cost improvements can freshen up your home's appearance and make a positive impression on potential buyers. Blue Coast Realty can help you prioritize which updates will offer the best ROI based on your home's unique needs.   When it comes to home renovations, it's essential to consider not only your personal preferences but also the potential return on investment. With the guidance of Blue Coast Realty experts, you can make informed decisions about which renovation projects will add the most value to your home and maximize your investment. Contact us today to learn more about how we can help you achieve your renovation goals and elevate the value of your property. Thanks for visiting and welcome to the Blue coast! ### [Increasing Your Homes Curb Appeal!](https://www.sarniaproperty.com/blog_read/increasing-your-homes-curb-appeal) First impressions are everything when it comes to selling your home. Potential buyers often begin forming their opinions before even stepping foot inside. That's why enhancing your curb appeal is crucial in attracting buyers and securing a successful sale. In this blog post, Bluecoast Realty experts share five proven steps to elevate your home's exterior and make it irresistible to prospective buyers.   The first step is a good ol fashion Landscaping Makeover. Trim overgrown bushes, mow the lawn, and add fresh mulch to flower beds. Consider adding colorful plants and flowers to add pops of color and visual interest. Our Bluecoast Realty agents can recommend local landscapers who specialize in cost-effective solutions to enhance your outdoor space.   The second step is simply power-washing the exterior of your home, A thorough clean can do wonders for your home's appearance, removing dirt, grime, and mold buildup. Bluecoast Realty can also provide guidance on connecting you with power washing professionals in your area.   Step three is Creating an Inviting Entryway. Make sure your entryway welcomes potential buyers with open arms. Clean up all entrances to the home, add a seasonal wreath, and consider updating your house numbers or mailbox for a modern touch. Bluecoast Realty agents can offer tips on staging your entryway to create a warm and inviting atmosphere that sets the tone for the rest of the home.   For step number 4; Illuminate Your Exterior. Proper outdoor lighting not only enhances safety but also adds charm and ambiance to your home's exterior. Install pathway lights along walkways, highlight architectural features with spotlights, and consider adding solar-powered accent lights to illuminate landscaping. Bluecoast Realty can recommend lighting specialists who can help you create a welcoming and well-lit outdoor space.   Step 5 is a simple but sometimes overlooked step, and that to Tidy Up and Declutter, don't underestimate the power of a clean and clutter-free exterior. Remove any unnecessary items from your yard, such as children's toys, garden tools, or outdoor furniture that's seen better days. Sweep the porch, clean the windows, and power wash the driveway and sidewalks to give your home a fresh and well-maintained appearance.   With these five steps, you can transform your home's exterior and make a lasting impression on potential buyers. Bluecoast Realty is here to help you every step of the way, from providing expert advice on all things real-estate to connecting you with trusted professionals who can bring your vision to life. Contact us today to learn more about how we can help you sell your home faster and for top dollar. Thanks for reading and welcome to the Bluecoast! ### [Remote work & Real-Estate](https://www.sarniaproperty.com/blog_read/remote-work-real-estate) In recent years, a seismic shift has reshaped the landscape of work. The rise of remote jobs has not only transformed how we earn a living but also how we choose to live. At Blue Coast Realty, we understand the profound implications this has on the real estate market, and we're here to guide you through this dynamic era. The traditional office dynamic is undergoing a profound evolution as more individuals opt for the flexibility of remote work, seeking the comfort of their homes or alternative locations. This transformation isn't just about where we work; it's about redefining the very essence of home. Suburban and rural areas are experiencing a resurgence in popularity as remote workers prioritize spacious homes with dedicated office space and outdoor amenities. Simultaneously, urban dwellers are reconsidering their living situations, valuing proximity to nature, affordability, and quality of life. As the demand for remote work-friendly properties surges, so too does the need for adaptable living spaces. Home offices, once a luxury, are now a necessity, with the demand for dedicated work areas skyrocketing. Versatility is key, with spaces that seamlessly transition between work and leisure activities becoming increasingly sought-after. Here at Blue Coast Realty, we're committed to staying ahead of the curve. Our experienced agents understand the evolving needs of remote workers and can help you find properties that meet your unique criteria. Whether you're dreaming of a suburban oasis with a backyard retreat or a modern urban loft with flexible living spaces, we're here to make your vision a reality. Moreover, the remote work revolution has opened up new investment opportunities in the real estate market. From suburban properties to co-living spaces, there's no shortage of innovative ventures for those willing to think outside the box. At Blue Coast Realty, we're ready to help you capitalize on these emerging trends and diversify your portfolio. Looking to the future, it's evident that remote work will continue to shape the real estate landscape in profound ways. At Blue Coast Realty, we're dedicated to staying at the forefront of these changes and empowering our clients to thrive in this dynamic environment. Whether you're a remote worker searching for your dream home or an investor seeking lucrative opportunities, we're here to guide you every step of the way. The future of work is here, and it's reshaping the way we think about real estate. Join us at Blue Coast Realty as we embrace the change and navigate this exciting new era together. Contact us today to learn more about how we can help you navigate the future of work and its impact on the real estate market. ### [Blue Coast Realty: Sarnia Lambton Real Estate Market Update (April, 2024)](https://www.sarniaproperty.com/blog_read/blue-coast-realty-sarnia-lambton-real-estate-market-update-april-2024) In April 2024, the Sarnia Lambton real estate market showcased some notable activity, as reflected in the MLS statistic report. With a total sales volume reaching around 88 million and 161 units sold during this period, it's evident that the market was buzzing with activity. While the average sale price in April 2024 experienced a slight decline of about 7% compared to the previous year, it's essential to note that year-to-date statistics show only a marginal decrease of around $1,000. Despite these fluctuations, the market remains dynamic and presents opportunities for both buyers and sellers.   Looking closer at the market dynamics, we observed trends indicating growing confidence among both buyers and sellers. Interest rates have remained stable for the past six announcements, with indications of a possible slight decrease in the upcoming rate announcement in June. Currently, the market maintains a balanced state, with around four months of inventory in Sarnia Lambton, offering a fair playing field for both parties. For those contemplating their next move in the real estate realm, seeking professional advice and conducting thorough market research can provide valuable insights to make informed decisions.   Ultimately, navigating the Sarnia Lambton real estate market requires understanding its nuances and being aware of current trends. Whether you're considering selling your property or looking to make a purchase, engaging with a trusted real estate professional can offer clarity and guidance tailored to your specific needs and objectives. As the market continues to evolve, staying informed and proactive can help you capitalize on opportunities and achieve your real estate goals.   ### [Reducing Your Property Tax Burden](https://www.sarniaproperty.com/blog_read/reducing-your-property-tax-burden) At Blue Coast Realty, we recognize the significance of managing and minimizing your tax obligations while optimizing the benefits of homeownership. I'm Sean Ryan, and here at Blue Coast Realty, we understand that owning a home brings both pride and financial responsibilities, including property taxes. To help you navigate the world of property taxes more effectively, here are some valuable tips.   First and foremost, it's crucial to grasp how property taxes are calculated. Tax rates vary based on your location and the assessed value of your home. Take the time to understand your local tax laws and assessment procedures to ensure you're not overpaying. If you believe your property tax assessment is inaccurate or unfair, consider appealing it. Our knowledgeable real estate agents at Blue Coast Realty can offer expert guidance throughout this process.   Secondly, explore potential tax exemptions and deductions that could lower your tax bill. Many jurisdictions offer exemptions for specific groups, such as seniors, veterans, or individuals with disabilities. You may also qualify for deductions related to home improvements, energy-efficient upgrades, or home office expenses. Leveraging these opportunities can significantly reduce your property tax burden while adding value to your home. Our team at Blue Coast Realty is here to help you identify and capitalize on these tax-saving strategies tailored to your unique situation.   In conclusion, proactive management of your property taxes is essential for maintaining financial stability as a homeowner. By understanding the calculation of property taxes, exploring available exemptions and deductions, and seeking professional guidance when necessary, you can effectively manage and minimize your tax burden. At Blue Coast Realty, we're dedicated to empowering homeowners with the knowledge and support they need to make informed decisions about their property taxes and overall financial well-being. Contact us today to discover how we can assist you in achieving your homeownership goals. Thank you for considering Blue Coast Realty, and remember to put Sean on your lawn.   ### [The Home buying Process!](https://www.sarniaproperty.com/blog_read/the-home-buying-process) The Home Buying Process   Welcome to Blue Coast Realty! Whether you’re a first-time homebuyer or looking to upgrade to a NEW HOME, understanding the home buying process can make your journey smoother and more enjoyable. At Blue Coast Realty, we’re here to guide you every step of the way. today we're going to take a comprehensive look at what to expect and the crucial aspects of the home buying process.   First up, getting pre-approved for a mortgage. This step is crucial because it gives you a clear understanding of your budget and shows sellers that you are a serious buyer. Your lender will assess your credit score, income, debts, and assets. You’ll receive a pre-approval letter stating how much you’re qualified to borrow, which YOU can use to make competitive offers!   Next, finding the right real estate agent. Sometimes it feels like a real estate agent should be one size fits all, but it's certainly not that way and having a knowledgeable and experienced real estate agent is crucial for navigating the complex real estate market. Here at Blue Coast Realty: Our agents have deep knowledge of local markets, trends, and property values. From identifying potential homes to negotiating offers, our agents will be your advocate. Plus, you'll have access to a broad network of professionals, including mortgage brokers, inspectors, and contractors.   Now for the most exciting part – house hunting! This is where you explore different neighborhoods and homes to find your perfect match. Here is what you can expect from our Blue Coast Agents: Our agents will provide you with listings that match your criteria. You’ll schedule visits to see homes in person and get a feel for the neighborhood. Don’t forget to discuss what you like and dislike about each home to refine your search.   When you find the right home, it's time to make an offer. An informed and strategic offer can set you apart in a competitive market. Our agents will conduct a comparative market analysis to determine a fair offer price. They will also draft and submit the offer, including any contingencies like financing and inspection. Be prepared for counteroffers and work with your agent to negotiate the best terms.   Next, we have the home inspection and appraisal. These ensure that the property is in good condition and valued correctly. A professional inspector will examine the property for any issues or repairs needed. An appraiser will assess the home's value to ensure it meets loan requirements. If issues are found, our agents will help negotiate repairs or price adjustments with the seller.   Finalizing the loan is a critical step towards closing the deal. This involves submitting required documents and going through the underwriting process. Submit required documents like tax returns and bank statements to your lender. The lender will review your application and finalize the loan details. Once approved, you’ll receive a closing disclosure outlining the terms and costs of your mortgage. Closing the deal is where ownership is officially transferred from the seller to you. Ensure the property is in the agreed-upon condition during the final walkthrough. Be prepared to pay closing costs, which typically include loan fees, title insurance, and property taxes. After signing the necessary paperwork, you’ll receive the keys to your new home!   Finally, moving in is the last step. Plan and schedule your move, whether using professional movers or doing it yourself. Unpack, set up utilities, and start enjoying your new home. If you would like to move your own belongings yourself but do not have access to a moving truck, Blue Coast Realty has you covered with their very own moving truck; available for rent during any stage of your moving process.   Buying a home is a significant milestone, and Blue Coast Realty is dedicated to making the process as seamless and stress-free as possible, becoming a one-stop shop for the home buying process. From getting pre-approved for a mortgage to closing the deal, our experienced agents are here to support and guide you. Ready to start your home buying journey? Contact Blue Coast Realty today and let’s find your dream home together!   For more tips and updates, follow our blog and as well as our social media pages and stay connected with Blue Coast Realty! ### [Becoming A Landlord](https://www.sarniaproperty.com/blog_read/becoming-a-landlord)   How to Rent Out Your Property: A Guide for New and Experienced Homeowners Renting out your property can be a great way to generate extra income or maximize your investment. This blog post will walk you through everything you need to know to get started, from preparing your property to finding tenants and managing the rental process. Preparing Your Property for Rent First things first, you want to make sure your property is in tip-top shape to attract quality tenants. This means deep cleaning the entire property, making any necessary repairs, and considering updates that could make it more appealing, like a fresh coat of paint or modern fixtures. Don't forget to ensure all appliances are in good working order and that safety features like smoke detectors are installed and functional. Pricing Your Property Competitively Once your property is rent-ready, you need to determine a competitive rental price. You can do this by conducting a market analysis to see what similar properties in your area are renting for. Consider factors like location, size, and amenities when setting your price. If you need help with this process, a property management company like Blue Coast Realty can assist you in ensuring you’re attracting tenants quickly while maximizing your rental income.     Marketing Your Property Once you have a competitive rental price, it's time to market your property to reach as many potential tenants as possible. Here are some tips for effective marketing: Take high-quality photos and write a detailed description highlighting the best features of your property. List your property on popular rental websites and social media platforms. Consider working with a property management company like Blue Coast Realty. They can take care of all the marketing steps for you, including listing your property on various platforms and reaching a wider audience. Screening Tenants Finding the right tenants is crucial for a smooth rental experience. To screen tenants effectively, have prospective tenants complete an application, conduct background and credit checks, and verify their employment and rental history. This will help you ensure they are reliable and financially stable. Managing Your Rental Property Effective property management is key to ensuring a positive experience for both you and your tenants. Here are some key things to keep in mind: Stay on top of maintenance requests by responding promptly and addressing issues efficiently. Conduct regular inspections to identify any potential problems early on. Maintain open communication with your tenants. Address any concerns they may have and be available to answer their questions. Consider Hiring a Property Management Company Managing a rental property can be time-consuming. If you don't have the time or desire to handle the day-to-day tasks of property management, consider hiring a property management company. Blue Coast Realty can help you find great property management companies that can handle everything from tenant placement to maintenance, giving you peace of mind and allowing you to sit back and collect your rental income. By following the tips in this blog post, you can successfully rent out your property and enjoy the benefits of being a landlord. For more information and assistance with renting out your property, contact Sarnia Real Estate Agents- Blue Coast Realty.     ### [sarnia-market-update](https://www.sarniaproperty.com/blog_read/sarnia-market-update-june2024) June 2024 Real Estate Market Update: A Balanced Market with Positive Signs This video by Sarnia Real Estate Agents- Blue Coast Realty provides a comprehensive overview of the Sarnia real estate market in June 2024. Here's a breakdown of the key points covered in the video:         Market Activity: There's been a slight decrease in total sales volume (3.5%) compared to June 2023. However, the market remains robust with steady demand for properties. Sales Volume: The dollar volume of sales has also dipped slightly (3.5%) to $89 million in June 2024 compared to $94 million in June 2023. This indicates a resilient market despite minor fluctuations. New Listings: There's been a significant rise (17%) in new listings compared to June 2023. This influx of new inventory is a positive sign for both buyers (more options) and sellers (increased activity). Active Listings: The number of active listings has also increased, providing a wider selection for potential buyers and fostering a more dynamic market. Sale-to-New Listing Ratio: This key market indicator sits at a healthy 50%, reflecting a balanced market between buyers and sellers. Months of Inventory: The current inventory level suggests a balanced market at 4.1 months, ensuring stability for both buyers and sellers. Prices: The average sales price has seen a slight increase of 2% to $534,000 compared to June 2023. The median price, however, has dipped slightly (3.2%) to $493,000. Despite this minor decrease, the median price remains strong. Sales-to-List Ratio: Properties are selling close to their asking prices, with a sales-to-list ratio of 97.4%. Days on Market: The median days on the market is 24.5, which is in line with historical averages.Overall, the June 2024 Sarnia real estate market appears balanced and healthy. There's a steady demand for properties, and the rise in new listings suggests a positive outlook for both buyers and sellers. The months of inventory level indicates a balanced market, and the sales-to-list ratio shows that properties are being sold at close to asking prices.   ### [The Benefits of Investing in Rental Properties](https://www.sarniaproperty.com/blog_read/the-benefits-of-investing-in-rental-properties) The Benefits of Investing in Rental Properties: A Guide by Blue Coast Realty   Unlocking Financial Freedom: The Compelling Case for Investing in Rental Properties Are you seeking a path to financial independence? Look no further than the world of rental properties. In Sarnia's competitive real estate market, savvy investors are turning to rental properties as a strategic way to build wealth and secure their financial future. In this in-depth guide, we'll explore the multifaceted benefits that make rental property investment a compelling option.   Passive Income: Your Ticket to Financial Freedom Imagine a life where your income isn't tied to the hours you clock in at work. Rental properties can make this a reality through passive income. Once your property is rented out, you'll receive a consistent stream of monthly rent payments. This can provide a reliable source of income that supplements your primary earnings, allowing you to achieve your financial goals faster and enjoy a more comfortable lifestyle.   Long-Term Investment Potential: Building Wealth Through Appreciation One of the most attractive aspects of real estate investment is its potential for long-term growth. Unlike many other assets that depreciate over time, real estate tends to appreciate in value. As a rental property owner, you not only benefit from the steady rental income but also from the increasing value of your property. This dual advantage can create a snowball effect, accelerating your wealth accumulation over time.     Tax Advantages: Maximizing Your Returns The tax benefits associated with rental properties are a major perk for investors. You can often deduct a range of expenses, including mortgage interest, property taxes, insurance premiums, and maintenance costs. These deductions can significantly reduce your taxable income, putting more money back in your pocket and enhancing your overall return on investment.   Security and Stability: A Safe Haven for Your Investments In an ever-changing economic landscape, rental properties offer a sense of security and stability. Unlike volatile stocks or other investments, real estate is a tangible asset that tends to hold its value over time. The steady rental income stream also provides a consistent source of cash flow, making rental properties a resilient investment choice during economic downturns.   Building a Diversified Portfolio: Spreading Your Risk Investing in rental properties allows you to diversify your investment portfolio. By spreading your investments across different asset classes, you can mitigate risk and protect your wealth from market fluctuations. Real estate, with its unique characteristics and potential for long-term growth, can be a valuable addition to any diversified investment strategy.   Beyond Financial Gains: Additional Benefits of Rental Property Ownership Investing in rental properties offers more than just financial rewards. As a landlord, you have the opportunity to positively impact your tenants' lives by providing them with a comfortable and safe home. You also have control over your investment, with the ability to make decisions about property management and improvements. Additionally, rental properties can be a legacy asset that you can pass down to future generations.   Taking the Next Step: Partnering with Blue Coast Realty If you're ready to explore the exciting world of rental property investment, Blue Coast Realty is here to guide you. Their experienced team can help you identify promising investment opportunities, navigate the complexities of property management, and maximize your returns. With their local market expertise and commitment to client satisfaction, Blue Coast Realty is your trusted partner in achieving your real estate investment goals. Contact Blue Coast Realty today to discover how investing in rental properties can unlock financial freedom and secure your future.     ### [June 2024 Sarnia Lambton Market Update](https://www.sarniaproperty.com/blog_read/june-2024-sarnia-lambton-market-update)   Sarnia Lambton Market Update for June 2024: A blog summary by Blue Coast Realty Market stats year-to-date: Compared to June 2023, sales volume in June 2024 is down by about 23 million, with the average sales price also down slightly from $486,000 to $469,000. There were also fewer sales this year (137) compared to last year (176).   Months of inventory: The months of inventory has increased from 4 months last year to 7 months currently. This shift indicates a buyer's market. However, it's important to consider that the lower price ranges ($550 and below) are still selling well due to lack of inventory. The biggest challenge is selling houses between $600,000 to $1.2 million.   New home construction: Building permits are down significantly year-over-year, with only 8 permits issued so far in 2024 compared to 33 at this time last year. Most of the new constructions are happening in Plymouth Wyoming.   Impact of interest rates: There was a rate reduction in June by a quarter of a point, with another one expected in July. While the impact so far has been minimal, 15% of buyers are waiting on the sidelines for a more significant rate reduction before entering the market.   Overall market condition: Despite the decrease in sales volume and average price, Sarnia Lambton remains an affordable city to live in. The market is expected to pick up in July, possibly due to the upcoming rate reduction. ### [November 2024 Real Estate Market Insights: Sarnia-Lambton Trends & Analysis](https://www.sarniaproperty.com/blog_read/november-2024-real-estate-market-insights-sarnia-lambton-trends-analysis) As we step into the final month of 2024, it’s the perfect time to reflect on how the Sarnia-Lambton real estate market performed in November. Whether you’re an active buyer, seller, or just a curious market observer, understanding the trends and numbers can help you make informed decisions. Here’s a deep dive into what November brought to the local housing market and what these trends mean for the months ahead. Market Overview: November 2024 November was a month of notable activity in the Sarnia-Lambton real estate market. With an 18.58% increase in new listings and a 19.41% rise in sales compared to November 2023, it’s clear that both buyers and sellers were more active than this time last year. Key highlights include: -Total Sales Volume: $68.62 million in November 2024, up 31.96% compared to $51.46 million in November 2023. -Average Sale Price (Residential): $529,438, reflecting a slight 2.83% decrease year-over-year. -Median Sale Price (Residential): $460,000, a 5.33% drop from last year. Despite some softening in prices, the market remains active and competitive. Buyers: Navigating a Tight Market For buyers, November presented unique challenges and opportunities. While inventory remains limited, the number of days homes are staying on the market has extended slightly. This suggests buyers have a bit more breathing room to make decisions, unlike earlier in the year when competition was fierce. Additionally, many buyers are taking advantage of current interest rates, which are expected to shift slightly in early 2025. If you’re considering purchasing, the holiday season might be the perfect time to explore the market before it picks up in spring. Sellers: A Solid Time to List For sellers, November continued to offer favorable conditions: -Homes priced competitively are attracting serious buyers, even as the market slows seasonally. -With buyers motivated to close before the end of the year, sellers who stage their homes well and position them strategically are seeing quick sales. -Bungalows and smaller properties have been especially popular, as downsizing remains a strong trend among homeowners in the area. If you’re thinking about listing in December or early 2025, now is the time to prepare. Consider decluttering, addressing minor repairs, and consulting a professional for tips on maximizing your property’s appeal. Comparing November 2024 to November 2023 Looking back at November 2023, there are some noticeable differences: -Inventory Levels: This year saw slightly fewer homes on the market, contributing to stable or increasing prices. -Sales Trends: While the volume of sales dipped compared to last year, the quality of transactions has improved, with fewer fall-throughs and stronger buyer commitment. -Popular Property Types: Detached homes and waterfront properties continue to dominate demand, but townhomes and condos are gaining traction due to affordability. Trends to Watch as We Enter 2025 The November numbers give us a glimpse into what might be on the horizon: -Interest Rates: With forecasts indicating potential adjustments in early 2025, buyers and sellers alike should keep a close eye on financial markets. -Inventory Challenges: The market’s limited supply will likely persist into the new year, maintaining pressure on buyers and upward momentum on prices. -Shifting Demographics: Downsizing and multi-generational living trends will continue to influence buyer preferences. Conclusion: A Time of Opportunity November 2024 showcased the Sarnia-Lambton market's resilience and adaptability in a year marked by change. Whether you’re buying, selling, or simply evaluating your options, understanding these trends is the key to success. As always, we’re here to guide you through the process. If you’re ready to make a move or want to discuss what these trends mean for you, let’s connect! ### [Massive Mortgage Changes in Canada: How They Impact Homebuyers](https://www.sarniaproperty.com/blog_read/massive-mortgage-changes-in-canada-how-they-impact-homebuyers) On December 15, 2024, Canada will roll out some of the most significant mortgage changes in over a decade. These updates promise to reshape the housing market and create new opportunities, especially for first-time homebuyers and those in high-priced markets. This blog delves into these changes, breaking them down with actionable insights to help you navigate the evolving real estate landscape. 1. Extended 30-Year Amortization: A Boost for Affordability. Historically, buyers with less than 20% down payments were limited to a 25-year amortization. Starting December 15, 2024,first-time buyers and purchasers of new builds can stretch their amortizations to 30 years. How This Helps? Lower Monthly Payments A $500,000 mortgage with a 25-year term = ~$2,800/month. A 30-year term reduces this to ~$2,500/month, saving ~$300/month. Enhanced Buying Power: The extended term makes it easier to qualify for higher loan amounts, crucial in markets where home prices exceed $1 million. What to Watch For: While lower payments improve monthly cash flow, they also increase the total interest paid over time. For example, extending a $500,000 mortgage from 25 to 30 years could add tens of thousands in additional interest costs. 2. Higher Insured Mortgage Cap: Unlocking Opportunities in Hot Markets. Previously, homes priced above $1 million required a 20% down payment, limiting many potential buyers. The new rule raises the insured mortgage cap to $1.5 million, significantly expanding buying options. Updated Down Payment Requirements: Under Old Rules: A $1.2 million home required $240,000 (20%) down. New Rules: Buyers now pay: 5% on the first $500,000 = $25,000 10% on the remaining $700,000 = $70,000 Total: $95,000 (12% of the home’s value) This update is particularly beneficial for buyers in cities like Toronto, Vancouver, and other metropolitan areas, where average home prices frequently exceed $1 million. Who Benefits from this? First-Time Buyers: Higher caps reduce the barrier to entry in competitive markets. Move-Up Buyers: Those transitioning from condos to detached homes or larger properties can now afford homes previously out of reach. 3. Removal of the Stress Test for Mortgage Transfers Switching lenders is no longer a hassle, thanks to the removal of the 2% stress test for insured and uninsured mortgages. This change makes it easier for homeowners to shop for better rates when renewing their mortgages, promoting competition among lenders. Benefits: Improved Negotiating Power: Homeowners can leverage better rates without the fear of failing requalification. Cost Savings: Access to competitive rates could save thousands over the life of a mortgage. Quick Tip: If your mortgage renewal is coming up, take advantage of this change to explore your options and maximize savings. 4. What Buyers Can Expect Example 1: A First-Time Buyer in Toronto Scenario: A buyer earns $100,000 annually and is looking to purchase a $1.2 million home with a 10% down payment. Outcome Under Old Rules: They couldn’t qualify due to the 20% down payment requirement. Outcome Under New Rules: With a $95,000 down payment (under the new cap), they now qualify. Example 2: Move-Up Buyer Transitioning from a Condo to a Detached Home Scenario: A family wants to upgrade to a $1.5 million home. Result: The new insured cap unlocks financing options, enabling the transition without the need for an exorbitant down payment. 5. Key Considerations: Balancing Affordability and Long-Term Costs While these changes are geared toward improving accessibility, buyers should proceed with caution: Higher Interest Costs: Extended amortizations mean more interest paid over the life of the loan. Down Payment Strategies: While smaller down payments allow quicker market entry, they come with higher mortgage insurance premiums. Pro Tip: Use this opportunity to reassess your financial goals. If you’re unsure, consult a mortgage professional to understand how these changes align with your long-term plans. 6. Market Impact: What Does This Mean for Canadian Real Estate? These changes are likely to create a ripple effect in the housing market: Increased Demand in the $1M-$1.5M Range: This segment may see heightened competition as more buyers qualify. Potential Price Adjustments: Higher demand could drive prices up in key markets, especially for mid-tier properties. More Listings: Existing homeowners may feel motivated to sell and move up, creating increased churn in the market. 7. Is Now the Right Time to Buy? These new rules are designed to empower buyers, but they also emphasize the importance of strategic decision-making. Whether you’re entering the market for the first time or planning a move, these changes could be your opportunity to achieve homeownership goals. Take Action Today: Consult with a mortgage advisor to understand how the new rules impact your eligibility. Get pre-approved under the updated guidelines to explore your buying power. Stay informed about market trends to make the most of this pivotal moment.   ### [Is Now the Right Time to Sell Your Home in Sarnia? | Winter Edition](https://www.sarniaproperty.com/blog_read/is-now-the-right-time-to-sell-your-home-in-sarnia-winter-edition) Are you wondering if winter is the best time to sell your home in Sarnia? This is a common question among homeowners, especially as the real estate market ebbs and flows with the seasons. Sean Ryan and the BlueCoast Realty team are here to help you navigate the Sarnia real estate market with confidence. In this blog, we’ll explore the unique advantages and considerations of selling your home during the winter months in Sarnia. Why Consider Selling Your Home in Winter? While spring and summer are traditionally seen as peak selling seasons, winter can present unique opportunities for sellers in Sarnia. Here’s why: Less Competition: Fewer homes on the market mean your listing has a higher chance of standing out. Serious Buyers: Winter buyers are often highly motivated, whether due to job relocations, family changes, or other pressing needs. Seasonal Charm: A cozy, well-staged home can create an inviting atmosphere that appeals to buyers during colder months.   What Does the Sarnia Real Estate Market Look Like in Winter? The Sarnia real estate market experiences seasonal trends, but the winter months often reveal an active buyer pool. Sean Ryan and the BlueCoast Realty team monitor local market data to help you make informed decisions. Winter in Sarnia might see fewer listings, but motivated buyers often lead to quicker sales and competitive offers.   How to Prepare Your Sarnia Home for a Winter Sale Preparation is key to making your home stand out, regardless of the season. Here are some tips to get your home ready for winter buyers: Curb Appeal: Clear driveways and walkways of snow and ice. Add seasonal decorations to create a welcoming exterior. Warm Interior: Ensure your home feels warm and inviting. Light a fire in the fireplace (if applicable) and use cozy furnishings. Highlight Energy Efficiency: Emphasize energy-saving features like updated insulation, windows, and heating systems, which are particularly appealing during winter. Professional Photos: Work with a Realtor to ensure high-quality photos that showcase your home’s best features.   Benefits of Working with BlueCoast Realty We at BlueCoast Realty team are experts in selling homes in Sarnia, even during the winter months. Our team provides personalized guidance, marketing strategies, and a deep understanding of the Sarnia market to help you achieve the best results.   Ultimately, deciding to sell your home in winter depends on your personal goals and circumstances. Sean Ryan and the BlueCoast Realty team are here to provide the insights and expertise you need to make the best decision. Winter can be an excellent time to sell, especially with the right preparation and support.If you’re considering selling your home this winter, contact BlueCoast Realty team today. We’re here to answer your questions, provide expert advice, and guide you through the selling process in Sarnia. Let us help you make your next move a successful one. ### [How to Sell Your Home in Sarnia While Buying Another | Expert Tips](https://www.sarniaproperty.com/blog_read/how-to-sell-your-home-in-sarnia-while-buying-another-expert-tips) Are you considering selling your home in Sarnia while purchasing a new one? This dual transaction can feel overwhelming, but with the right planning and guidance from experienced professionals like Sean Ryan and the BlueCoast Realty team, it’s entirely manageable. In this blog, we’ll walk you through strategies to streamline the process, avoid common pitfalls, and make your transition as smooth as possible in the Sarnia real estate market. What Makes Selling and Buying Simultaneously Challenging? Selling your current home while purchasing another requires balancing multiple timelines, financial considerations, and emotional decisions. Here are a few key challenges: -Timing the Sale and Purchase: Coordinating closing dates for both transactions can be tricky. -Managing Finances: Understanding how much equity you’ll have for your new home can affect your budget. -Market Conditions: Factors like demand, supply, and interest rates in the Sarnia real estate market play a significant role. With a knowledgeable real estate agent, like those at BlueCoast Realty, these challenges can be navigated effectively. Step 1: Understand Your Financial Situation Before diving into the process, take stock of your financial position. Consider the following: -Home Equity: Determine how much equity you have in your current home to estimate your budget for the new property. -Pre-Approval: Get pre-approved for a mortgage to understand your buying power. -Bridge Loans: If your new home purchase overlaps with the sale of your current home, explore bridge financing options with your lender. Pro Tip: The BlueCoast Realty team can connect you with trusted mortgage advisors in Sarnia to help you explore your options. Step 2: Research the Sarnia Real Estate Market Understanding the local market is crucial when selling and buying simultaneously. -Seller’s Market: If demand is high, you may sell your home quickly but face competition when buying. -Buyer’s Market: In a slower market, you’ll have more time to buy but may need extra effort to sell your home. The BlueCoast Realty team regularly analyzes the Sarnia real estate market to provide clients with up-to-date insights. Step 3: Prepare Your Current Home for Sale To attract buyers and secure the best price, it’s essential to prepare your home for sale: -Declutter and Stage: Create a clean, inviting space that appeals to buyers. -Repairs and Upgrades: Address minor repairs or consider strategic updates to increase value. -Professional Photography: Quality visuals are key to standing out online. The BlueCoast Realty team offer staging advice and professional marketing services to showcase your home’s potential. Step 4: Plan Your Timeline To reduce stress, work with your real estate agent to create a timeline for both transactions: -List Your Home: Market your current property while searching for your next one. -Negotiate Flexible Terms: Seek buyer agreements that allow for rent-back options or extended closing dates, giving you time to find your new home. -Synchronize Closings: Aim to align the closing dates for both transactions to minimize financial strain and logistical challenges. Step 5: Find Your Next Home While selling your current property, actively search for your next home. -Work with a Realtor: BlueCoast Realty’s agents can help you find listings that match your needs and budget. -Be Ready to Act: With limited inventory, be prepared to make an offer quickly in competitive situations. -Home Inspections: Protect your investment by including a home inspection contingency in your offer. Our expertise in negotiations ensures these clauses are handled strategically. Benefits of Working with BlueCoast Realty The dual transaction of selling and buying a home can be complex, but the experienced team at BlueCoast Realty provides unmatched guidance. From pricing your current home to finding your next one, Sean Ryan and his agents deliver personalized support every step of the way. ### [Investing in Real Estate in 2025: Key Considerations for Sarnia Buyers](https://www.sarniaproperty.com/blog_read/investing-in-real-estate-in-2025-key-considerations-for-sarnia-buyers) Are you considering investing in real estate in 2025? Whether you’re looking to buy your first investment property or expand your portfolio, real estate remains one of the most popular and stable investment options. However, it’s essential to understand market trends, local dynamics, and what makes an investment successful. The BlueCoast Realty team specialize in guiding investors through the Sarnia real estate market. In this blog, we’ll explore the key factors to consider when investing in real estate in 2025, offering insights to help you make informed decisions. Why Real Estate Remains a Strong Investment 1. Tangible Asset Unlike stocks or other intangible investments, real estate is a physical asset that holds intrinsic value. 2. Income Generation Real estate investments can generate consistent income through rental properties. In a stable market like Sarnia, demand for rental properties remains high. 3. Long-Term Appreciation Over time, real estate values typically appreciate, providing investors with significant returns. The Sarnia real estate market offers opportunities for long-term growth, particularly in desirable neighborhoods like Bright’s Grove and Corunna. Key Considerations When Investing in Real Estate in 2025 1. Understand the Market Trends The real estate market fluctuates based on economic conditions, supply, and demand. What to Watch in 2025: -Interest rates: Higher rates can impact borrowing costs but may also cool housing prices, creating opportunities for buyers. -Inventory levels: A low inventory in Sarnia could drive up prices, while higher inventory may benefit buyers. -Economic growth: Sarnia’s economy, supported by industries like petrochemicals and manufacturing, contributes to steady real estate demand. 2. Location is Key The location of a property plays a significant role in its investment potential. Hot Spots in Sarnia: -Bright’s Grove: Known for its waterfront views and family-friendly atmosphere. -Downtown Sarnia: Ideal for those seeking urban living and rental income from professionals. -Corunna: Offers a balance of affordability and growth potential. Pro Tip: Consider factors like school districts, amenities, and transportation when evaluating a property’s location. 3. Consider Your Investment Goals Define your objectives before entering the market. Are You Looking For: -Cash Flow: Focus on rental properties with strong income potential. -Appreciation: Invest in areas expected to see property value growth. -A Fix-and-Flip Opportunity: Seek undervalued properties that can be renovated for resale at a higher price. We’ll help you identify properties that align with your financial goals and risk tolerance. 4. Financing Options Understanding your financing options is critical when investing in real estate. Key Questions to Ask: -What are current mortgage rates, and how do they affect my budget? -Should I consider a fixed-rate or variable-rate mortgage? -Am I eligible for any investment-specific financing programs? We at BlueCoast Realty can connect you with trusted mortgage advisors in Sarnia to explore financing options tailored to your needs. 5. Evaluate Property Condition A property’s condition can significantly impact its profitability. Conduct Thorough Inspections: -Look for structural issues, outdated systems, or deferred maintenance. -Budget for potential repairs or renovations. -Pro Tip: A well-maintained property attracts better tenants and retains value over time. 6. Know the Local Regulations Real estate regulations, including zoning laws, rental restrictions, and tax implications, vary by location. Why This Matters: -Understanding local laws ensures your investment remains compliant. -Tax considerations, such as capital gains, can impact your returns. We provide insights into local regulations and connect you with qualified legal and tax professionals for advice. Common Mistakes to Avoid 1. Skipping Market Research Not understanding the local market can lead to poor investment decisions. 2. Underestimating Costs Factor in expenses like property taxes, maintenance, and insurance to ensure your investment remains profitable. 3. Overleveraging Avoid taking on more debt than you can handle, especially in a fluctuating market. 4. Neglecting Property Management If you’re investing in rental properties, ensure you have a plan for managing tenants and maintaining the property. The BlueCoast Realty Advantage Investing in real estate can be overwhelming, but with the right guidance, it’s an incredibly rewarding endeavor. Why Choose BlueCoast Realty? -Local Expertise: We at BlueCoast Realty have deep knowledge of the Sarnia real estate market. -Personalized Service: We tailor our recommendations to your investment goals. -Comprehensive Support: From market analysis to property management referrals, we’re with you every step of the way. Are you ready to explore real estate investment opportunities in Sarnia? Contact the BlueCoast Realty team today to discuss your goals and start building your portfolio. Let’s make 2025 the year you achieve your investment dreams. ### [The Psychology of Home Design: Why Certain Styles Sell Faster](https://www.sarniaproperty.com/blog_read/the-psychology-of-home-design-why-certain-styles-sell-faster) Selling a home isn’t just about setting the right price or listing it on the right platforms—it’s also about how a home makes potential buyers feel. The psychology of home design plays a huge role in how quickly a property sells, and understanding this can be the difference between a quick sale and a home that lingers on the market. Here’s a closer look at why certain styles and design choices resonate with buyers and how you can leverage this knowledge to sell your home faster. The Power of Color Psychology Did you know that colors can evoke emotions and influence a buyer’s perception of your home? - Neutral Tones: Colors like beige, soft gray, and off-white create a sense of calm, making spaces feel larger and more inviting. Neutral palettes also help buyers imagine their own belongings in the space, which is key to forming an emotional connection. - Bold Colors: While vibrant walls might showcase personality, they can overwhelm buyers and make a space feel less universally appealing. Pro Tip: When preparing your home for sale, consider repainting bold or dark walls with lighter, neutral tones. A room that goes from a deep red to a soft gray can transform from personalized to universally appealing. The Staging Effect Staging isn’t just about arranging furniture; it’s about creating a vision that helps buyers imagine themselves living in the home. -Decluttering: Removing personal items like family photos or unique décor helps buyers focus on the house, not the current owner. -Neutral Décor: Staging with simple, elegant furniture and accessories ensures the space appeals to a wide audience. -Highlighting Features: Each room should have a clear purpose and a standout feature—like a fireplace, a built-in bookcase, or a large window. Focal Points and Flow Every room needs a focal point—an element that draws the eye and adds interest to the space. This could be: -A fireplace or wood-burning stove. -A large window with a beautiful view. -A bold yet neutral piece of artwork. Equally important is the flow of a home. Buyers want layouts that feel natural and functional, so furniture should be arranged to make navigation easy and intuitive. Pro Tip: Walk through each room as if you’re a buyer. Does the furniture placement allow for easy movement? Does the layout guide the eye toward the best features? If not, consider rearranging or removing furniture to improve flow. Natural Light: A Must-Have for Buyers Bright, naturally lit spaces are consistently among the top features buyers look for. Natural light makes rooms feel larger, warmer, and more inviting. Simple Fixes for More Light: -Remove heavy curtains and replace them with sheer or light-filtering options. -Add mirrors to reflect light and make rooms feel more open. -Trim trees or bushes outside windows to let in more sunlight. Why It Works: Buyers often associate natural light with positive emotions like happiness and warmth. When a room is flooded with light, it feels alive and welcoming—two things that make buyers want to call a space home. These subtle yet impactful design choices work because they appeal to the subconscious preferences of buyers. By creating a space that feels bright, functional, and easy to imagine living in, you’re tapping into the emotional side of the home-buying process. Ready to Sell Your Home Faster? These psychological design principles can make a world of difference in attracting buyers and securing a quick sale. If you’re ready to sell your home in Sarnia or have questions about staging, reach out to the BlueCoast Realty team. We’re here to help you create a lasting first impression that turns potential buyers into happy homeowners. Contact us today to get started!   ### [The Pantone Colour of the Year 2025: Mocha Mousse](https://www.sarniaproperty.com/blog_read/the-pantone-colour-of-the-year-2025-mocha-mousse) Each year, Pantone, the global color authority, selects a shade that reflects the mood and spirit of the times. For 2025, the chosen hue is the rich and sophisticated PANTONE 17-1230 Mocha Mousse. This warm, earthy brown tone evokes a sense of comfort, groundedness, and refinement. In this article, we'll explore how you can introduce the calming and luxurious spirit of Mocha Mousse into your home. Create a Warm, Inviting Atmosphere with Mocha Mousse WallsOne of the easiest ways to incorporate Mocha Mousse into your home is by using it as a wall color. This deep, earthy shade can instantly transform a room into a cozy and inviting space. Consider painting an accent wall, your living room, or bedroom in Mocha Mousse to create a serene environment. It pairs beautifully with other neutrals like soft creams, whites, and warm grays, allowing it to shine as the central tone without overwhelming the space. Add Depth with Mocha Mousse FurnitureIf you're not ready to commit to Mocha Mousse on your walls, consider introducing this luxurious hue through furniture pieces. A Mocha Mousse sofa, armchair, or dining chairs can bring warmth and sophistication to your living and dining areas. These pieces act as focal points, creating a balanced and harmonious atmosphere when combined with complementary textures and colors. Incorporate Mocha Mousse Through Soft Furnishings and AccessoriesFor a more subtle approach, add Mocha Mousse through soft furnishings and accessories. Think about introducing throw pillows, blankets, rugs, or curtains in this rich, inviting hue. These accents provide an effortless way to infuse your home with the comforting and grounded essence of Mocha Mousse. Combine it with other complementary tones like soft blues, muted greens, or earthy neutrals for a harmonious and welcoming color palette. Enhance Your Space with Mocha Mousse Art and DecorArtwork and decorative items are perfect for showcasing Mocha Mousse's elegant charm. Look for paintings, prints, or sculptures that feature this warm color, or incorporate it into your decor with Mocha Mousse-framed mirrors, wall clocks, or vases. These elements can enhance your space and create a nurturing, sophisticated ambiance. Blend Natural Elements with Mocha MousseMocha Mousse pairs wonderfully with natural materials, enhancing the feeling of warmth and comfort in your home. Consider incorporating wooden furniture, stone accents, wicker baskets, and ceramic pottery into your space. These natural textures complement the richness of Mocha Mousse, adding depth and tactile appeal while enhancing the overall sense of tranquility. Personalize Your Space with Mocha Mousse TouchesTo truly make your home feel like your own, add personal touches in Mocha Mousse. Consider photo frames, candles, or decorative trays in this earthy tone to display your cherished items and memories. These thoughtful additions help tie the color theme together, adding both elegance and a personal flair to your space. Pantone's 2025 Color of the Year, Mocha Mousse, brings a sense of warmth, comfort, and sophistication to any home. Whether you choose to paint your walls, add furniture, or simply incorporate soft furnishings and accessories, this rich brown hue will transform your space into a peaceful and inviting sanctuary. Embrace the grounded spirit of Mocha Mousse and let it enrich your mind, body, and soul, creating a haven of tranquility and refinement in your home. ### [Sarnia-Lambton Real Estate Market Update: 2025 Outlook](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-2025-outlook) As we move into 2025, the Sarnia-Lambton real estate market is buzzing with optimism and questions. After a rollercoaster ride in 2024, many buyers and sellers are eager to know what lies ahead. In this update, we’ll break down last year’s trends, discuss expert forecasts, and share actionable insights for the year ahead. 2024 in Review: A Year of Ups and Downs The real estate market in Sarnia-Lambton faced significant challenges and opportunities in 2024. Early SlowdownAt the start of 2024, the market slowed due to the Bank of Canada’s interest rate hikes, which caused affordability concerns for buyers. Many stayed on the sidelines, waiting for signs of stability. Mid-Year RecoveryThe landscape shifted in June when the Bank of Canada began cutting interest rates. This triggered renewed buyer confidence, resulting in a surge of activity in the latter half of the year. November Boom: Home sales surged 26% compared to the previous year, fueled by the removal of the stress test for uninsured mortgages, which made it easier for buyers to qualify. 2025 Market Predictions Experts forecast a strong year for real estate across Canada, with Sarnia-Lambton poised to benefit from these trends: Positive Indicators Increased Sales and Prices: TD Bank predicts a 16% rise in home sales and an 8% increase in average home prices nationwide. Lower borrowing costs are expected to encourage more buyers to act. Pent-Up Demand: Buyers who delayed their purchases in 2024 may finally enter the market, further boosting activity. Uncertainties Winter Lull: Historically slower winter months may temper market activity before the spring market heats up. Affordability Challenges: Despite lower interest rates, many Canadians continue to face hurdles in qualifying for mortgages. Key Advantages for Buyers and Sellers For Buyers Lower Interest Rates: Reduced borrowing costs create an opportune moment to secure a mortgage. Favorable Lending Rules: The removal of the stress test for uninsured mortgages is making homeownership more accessible. For Sellers Stronger Demand: Increased buyer interest may lead to faster sales and competitive offers. Rising Home Values: An 8% increase in average home prices means sellers could see greater returns Market Trends by the Numbers Here’s how the Sarnia-Lambton market has performed over the past five years: The slight dip in average prices from 2022 reflects affordability pressures, but the recovery in sales volumes during 2024 signals renewed market strength. What’s the Bottom Line for 2025? The Sarnia-Lambton real estate market is shaping up to be a year of opportunity: For Buyers: Act now to take advantage of favorable interest rates and lending rules. For Sellers: With demand expected to grow, now is a great time to prepare your home for listing. If you’re considering buying or selling a home in Sarnia-Lambton, the key is preparation: Do Your Research: Understand local market trends and forecasts. Talk to a Professional: Partner with a knowledgeable Realtor to guide you through the process. Make a Plan: Whether you’re buying, selling, or both, a well-thought-out strategy is essential. Reach out to us at Bluecoast Realty for personalized advice and expert guidance. Let’s make 2025 the year you achieve your real estate goals! ### [Top Home Renovations That Deliver the Best Return on Investment](https://www.sarniaproperty.com/blog_read/top-home-renovations-that-deliver-the-best-return-on-investment) Are you planning to sell your home in Sarnia and wondering which renovations can help you maximize your return on investment? This is a common question for many homeowners looking to make their property stand out in the competitive Sarnia real estate market. Sean Ryan and the BlueCoast Realty team are here to guide you through the top home renovations that not only boost your home’s value but also attract serious buyers. In this post, we’ll cover the upgrades that provide the best ROI, helping you make informed decisions about where to invest your time and money before listing your home. Why Renovations Matter When Selling Your Sarnia Home Renovations can enhance your home’s functionality, aesthetic appeal, and marketability. However, not all improvements yield the same return on investment. Focusing on upgrades that align with buyer preferences in Sarnia can significantly impact your sale price and the speed at which your home sells. The BlueCoast Realty team have extensive experience helping homeowners in Sarnia prepare their properties for sale, ensuring every improvement delivers maximum value.   Top Renovations for the Best ROI 1. Kitchen Updates: The Heart of the Home Kitchens are a major selling point for buyers, and even minor updates can yield impressive returns. What to Focus On: -Replacing outdated countertops with quartz or granite. -Refreshing cabinets with paint or new hardware. -Upgrading appliances to energy-efficient models. -Adding a modern backsplash. Why It Works: Buyers in Sarnia often prioritize a functional, updated kitchen when searching for their dream home.   2. Bathroom Renovations: Small Spaces, Big Impact Modernizing your bathroom is another way to significantly boost your home’s value. What to Focus On: -Replacing old fixtures with contemporary styles. -Installing energy-efficient toilets and faucets. -Regrouting tiles or replacing them entirely. -Adding extra storage solutions like built-in shelves. Why It Works: A fresh, updated bathroom signals to buyers that your home has been well cared for and is move-in ready.   3. Curb Appeal: The First Impression Matters Curb appeal isn’t just about looks; it sets the tone for the entire showing experience. What to Focus On: -Painting your front door a welcoming color. -Tidying up landscaping and adding seasonal flowers. -Replacing old house numbers and exterior lighting. -Power-washing driveways and walkways. Why It Works: Buyers often decide within seconds whether they’re interested in a home. Strong curb appeal ensures they walk through the front door excited, not hesitant.   4. Energy-Efficient Upgrades: Appeal to Modern Buyers Many buyers in Sarnia are looking for homes with lower utility costs and a reduced environmental footprint. What to Focus On: -Installing energy-efficient windows. -Adding insulation to attics or walls. -Upgrading HVAC systems. -Switching to LED lighting throughout the home. Why It Works: Energy-efficient homes appeal to eco-conscious buyers and can justify a higher asking price.   5. Fresh Paint: Affordable and Effective A fresh coat of paint is one of the most cost-effective ways to transform your home. What to Focus On: -Using neutral colors like greys, whites, and beiges to appeal to a wide range of buyers. -Repainting high-traffic areas, such as living rooms and kitchens. Why It Works: Neutral, clean walls allow buyers to visualize their own style in your home, increasing its overall appeal.   6. Flooring Upgrades: Modern and Durable Worn or outdated flooring can be a dealbreaker for buyers. What to Focus On: -Replacing carpet with hardwood, vinyl plank, or laminate. -Refinishing existing hardwood floors. -Adding new tile to entryways or bathrooms. Why It Works: Durable, stylish flooring is a long-term investment buyers appreciate, making your home stand out in the Sarnia real estate market.   How BlueCoast Realty Can Help? Preparing your home for sale can feel overwhelming, but the BlueCoast Realty team are here to make it easier. Our expertise in the Sarnia real estate market allows us to recommend strategic upgrades tailored to your property, ensuring every dollar you invest delivers maximum impact. Personalized Advice: We’ll assess your home and provide customized recommendations for renovations that will appeal to Sarnia buyers. Professional Marketing: Once your renovations are complete, we’ll showcase your home with high-quality photography, virtual tours, and targeted advertising. Are you ready to sell your home in Sarnia and maximize your return on investment? Contact us today. Let us help you prepare your home, attract serious buyers, and secure the best possible price. ### [Understanding Mortgage Requirements for Immigrants Buying in Canada](https://www.sarniaproperty.com/blog_read/understanding-mortgage-requirements-for-immigrants-buying-in-canada) Are you an immigrant considering buying a home in Sarnia, Ontario? One of the most important steps in this journey is understanding the mortgage requirements in Canada. Securing a mortgage as a newcomer can feel overwhelming, but with the right information and guidance, it’s entirely achievable. The BlueCoast Realty team specialize in helping newcomers navigate the Sarnia real estate market. In this blog, we’ll break down everything you need to know about mortgage requirements for immigrants, making your dream of homeownership in Sarnia a reality. Can Immigrants Get a Mortgage in Canada? Yes! Immigrants, whether permanent residents or non-residents, are eligible to apply for mortgages in Canada. However, lenders may have specific requirements depending on your residency status and credit history.   Key Mortgage Requirements for Immigrants in Sarnia 1. Proof of Income Lenders need to verify that you have a stable income to make your monthly mortgage payments. Documents You’ll Need: - Employment letters from your employer. - Recent pay stubs or direct deposit records. - Tax returns (if applicable). Tip for Newcomers: If you’ve recently started working in Canada, some lenders may require a few months of income history before approving your mortgage.   2. Credit History A strong credit history is essential for securing a mortgage with favorable terms. Challenges for Immigrants:Many newcomers don’t have an established Canadian credit history. Solutions: - Open a Canadian bank account and apply for a secured credit card. - Pay your bills on time to build your credit score. - Provide proof of creditworthiness from your home country if accepted by the lender.   3. Down Payment The amount of down payment required depends on your residency status: - Permanent Residents: As little as 5% down payment for homes under $500,000. 10% for the portion of the price above $500,000. - Non-Residents: Typically required to pay at least 35% as a down payment. Pro Tip: Save for your down payment early and consult with a Realtor for guidance on setting realistic goals.   4. Employment History Lenders prefer borrowers with stable, long-term employment. What Lenders Look For: - At least three months of employment with your current employer. - A permanent or long-term contract. Tip for Self-Employed Buyers: Provide proof of consistent income, such as invoices, contracts, or tax returns.   5. Residency Status Your residency status affects your eligibility and the mortgage terms offered by lenders. - Permanent Residents: Treated similarly to Canadian citizens when applying for a mortgage. - Temporary Residents: May require additional documentation or a co-signer. - Non-Residents: Often face stricter requirements, such as higher down payments and interest rates.   Government Programs for Newcomers Canada offers several programs to support first-time homebuyers, including immigrants: 1. First-Time Home Buyer Incentive This program allows eligible buyers to borrow 5% or 10% of their home’s purchase price through a shared-equity mortgage with the government. 2. Home Buyers’ Plan (HBP) Withdraw up to $35,000 from your RRSPs tax-free to use as a down payment. 3. Land Transfer Tax Refund First-time buyers in Ontario may qualify for a refund of up to $4,000 on land transfer taxes.   How to Choose the Right Mortgage 1. Fixed vs. Variable Rates - Fixed-Rate Mortgage: Your interest rate remains constant for the loan term, offering stability. - Variable-Rate Mortgage: The interest rate fluctuates based on market conditions, which may result in lower payments initially. 2. Mortgage Term and Amortization - Term: The length of time your mortgage agreement lasts, typically 5 years. - Amortization: The total time it takes to repay the loan, usually 25 years. 3. Seek Professional Guidance Work with a mortgage advisor to understand which option is best for your financial situation. BlueCoast Realty can connect you with trusted local advisors in Sarnia.   Common Challenges for Immigrants (And How to Overcome Them) 1. Limited Canadian Credit History Solution: Start building credit immediately by using a secured credit card and paying all bills on time. 2. Higher Down Payment Requirements for Non-Residents Solution: Plan ahead to save for a larger down payment or explore co-signer options. 3. Unfamiliarity with the Process Solution: Work with experienced professionals like Sean Ryan and the BlueCoast Realty team, who can guide you through every step.   How BlueCoast Realty Helps Buying a home as an immigrant can be challenging, but the right team makes all the difference. Here’s how Sean Ryan and BlueCoast Realty can help: - Local Expertise: We understand the unique needs of immigrants in the Sarnia real estate market. - Personalized Guidance: From finding the right property to connecting with mortgage advisors, we’re with you every step of the way. - Trusted Network: We work with local lenders, lawyers, and inspectors to make your home-buying journey seamless. Ready to buy a home in Sarnia? Contact the BlueCoast Realty team today to get started. Let us help you navigate the mortgage process and find your dream home in Canada. ### [How to Buy Your First Home in Canada as a Newcomer](https://www.sarniaproperty.com/blog_read/how-to-buy-your-first-home-in-canada-as-a-newcomer) Are you a newcomer to Canada dreaming of buying your first home in Sarnia? The process of purchasing a home can seem overwhelming, especially if you’re new to the country and unfamiliar with its real estate system. But don’t worry— The BlueCoast Realty team are here to guide you every step of the way.In this blog, we’ll explore everything you need to know about buying your first home in Sarnia as a newcomer, from understanding your budget to navigating the local real estate market. Why Sarnia Is a Great Place for Newcomers Sarnia is known for its welcoming community, affordable housing market, and proximity to beautiful natural attractions like Lake Huron. Whether you’re looking for a family-friendly neighborhood, a vibrant downtown area, or a peaceful retreat, Sarnia has something for everyone. As a Sarnia real estate brokerage, we understands the unique challenges newcomers face and specializes in helping them find homes that meet their needs and budget.   Steps to Buying Your First Home in Sarnia 1. Understand Your Budget Before starting your home search, it’s crucial to understand how much you can afford. Determine Your Down Payment:In Canada, the minimum down payment depends on the home’s price: 5% for homes under $500,000. 10% for the portion of the price between $500,000 and $1,000,000. 20% for homes over $1,000,000. Calculate Additional Costs:Don’t forget about closing costs, including legal fees, land transfer taxes, and home inspection fees. Tip: Work with a mortgage advisor to get pre-approved for a loan. BlueCoast Realty can connect you with trusted professionals in Sarnia to help you through this process. 2. Learn About Government Programs for Newcomers Canada offers several programs to help first-time homebuyers, including newcomers. First-Time Home Buyer Incentive:This program allows you to borrow a portion of your home’s purchase price through a shared-equity mortgage with the government. Home Buyers’ Plan (HBP):Eligible buyers can withdraw up to $35,000 from their RRSPs tax-free to use as a down payment. Pro Tip: Check eligibility requirements for these programs and consult a professional for advice. 3. Choose the Right Neighborhood The neighborhood you choose will impact your lifestyle and your home’s value over time. Popular Areas in Sarnia: Bright’s Grove: Perfect for families and outdoor enthusiasts, with easy access to parks and beaches. Downtown Sarnia: Offers a vibrant community atmosphere with shops, restaurants, and cultural events. Corunna: A quieter suburb with affordable housing options and excellent schools. How BlueCoast Realty Can Help:We’ll help you explore Sarnia neighborhoods and find the perfect location for your needs. 4. Work with a Sarnia Realtor Buying your first home can be complicated, but working with a local real estate expert makes the process easier. Why Choose BlueCoast Realty: We provide personalized guidance throughout your home-buying journey. We have extensive knowledge of the Sarnia real estate market. We negotiate on your behalf to secure the best deal. 5. Understand the Home-Buying Process Navigating the Canadian real estate process can be challenging for newcomers. Here’s a quick overview: Start Your Search: Use online listings or your Realtor’s recommendations to explore available homes in Sarnia. Schedule Viewings: Visit properties that meet your criteria to get a feel for the space and location. Make an Offer: Once you find the right home, your Realtor will help you draft a competitive offer. Complete a Home Inspection: Ensure the property is in good condition before finalizing the purchase. Close the Deal: Sign the paperwork, transfer funds, and receive the keys to your new home! 6. Prepare for Life as a Homeowner Owning a home comes with responsibilities, including maintenance, property taxes, and insurance. Maintenance Tips: Regularly inspect your home’s systems and address repairs promptly to maintain its value. Budgeting for Expenses: Plan for ongoing costs like utilities and annual property taxes. BlueCoast Realty provides resources and recommendations to help first-time homeowners in Sarnia manage their new responsibilities.   Common Challenges for Newcomers (And How to Overcome Them) 1. Building Credit History Newcomers may lack a Canadian credit history, which can affect mortgage eligibility. Solution: Open a Canadian bank account and use credit responsibly. Provide proof of financial stability from your home country. 2. Understanding Legal Requirements The legal process for buying a home in Canada can be complex. Solution: Work with a real estate lawyer to ensure compliance with local regulations. Rely on your Realtor to guide you through the paperwork. 3. Adjusting to a New Market Real estate prices, property types, and buying practices may differ from those in your home country. Solution: Trust a local expert like Sean Ryan to provide insights into the Sarnia real estate market.   At BlueCoast Realty, we understand the unique challenges newcomers face when buying their first home in Sarnia. Here’s how we can help: Local Expertise: We know the Sarnia real estate market inside and out. Personalized Service: We tailor our approach to meet your specific needs and goals. Comprehensive Support: From finding the right neighborhood to navigating the closing process, we’re with you every step of the way. Ready to buy your first home in Sarnia? Contact the BlueCoast Realty team today. Let us help you find the perfect home and make your transition to life in Canada seamless and stress-free. ### [Real Estate Expert vs FSBO: Why Partnering with a Pro Makes All the Difference!](https://www.sarniaproperty.com/blog_read/real-estate-expert-vs-fsbo-why-partnering-with-a-pro-makes-all-the-difference) Are you thinking about selling your home in Sarnia and considering going the For Sale By Owner (FSBO) route? While FSBO might seem like a way to save on commission fees, it often comes with hidden challenges that can cost you time, money, and peace of mind. Partnering with a real estate expert, like any of the agents on the BlueCoast Realty team, ensures your home-selling journey is smooth, efficient, and profitable. In this blog, we’ll compare the FSBO process with working with a professional real estate agent and highlight why partnering with a pro makes all the difference. What Is FSBO? For Sale By Owner, or FSBO, refers to selling your home without the assistance of a licensed real estate agent. While it might seem like a straightforward process, FSBO often involves: - Handling all marketing and showings yourself. - Setting the right price without professional guidance. - Navigating complex legal and regulatory requirements. - Negotiating directly with buyers or their agents. While some sellers succeed with FSBO, it requires significant time, effort, and expertise—qualities that a seasoned Realtor can bring to the table. Why Choose a Real Estate Expert Instead? 1. Pricing Expertise One of the most critical steps in selling your home is setting the right price. Overpricing can deter buyers, while underpricing can leave money on the table. - FSBO Challenge: Without access to market data, FSBO sellers often rely on online tools or guesswork to determine pricing. - Real Estate Expert Advantage: Sean Ryan and the BlueCoast Realty team use a Comparative Market Analysis (CMA) to evaluate your home’s value based on recent sales in the neighbourhood surrounding your home, any updates or features your home has as well as more niche things like age of appliances, furnace, roof etc. This ensures your home is priced competitively to attract serious buyers. 2. Professional Marketing Strategies Marketing is key to getting your home noticed by the right buyers. FSBO Challenge: FSBO listings often lack professional photography, virtual tours, and exposure on high-traffic platforms like MLS. Real Estate Expert Advantage: The BlueCoast Realty team creates a tailored marketing plan for each property, including: - High-quality photography and videography. - Virtual tours for online buyers. - Social media advertising to expand your reach. - MLS listings to connect with other Realtors and their clients. 3. Negotiation Skills Negotiating a home sale involves more than agreeing on a price—it includes managing contingencies, closing dates, and inspections. - FSBO Challenge: Sellers must negotiate directly with buyers or their agents, which can be stressful and emotional. - Real Estate Expert Advantage: a licenced real estate agent, like Sean Ryan acts as a buffer, handling negotiations professionally and objectively. His goal is to secure the best terms and price for your home, saving you time and stress. 4. Legal and Regulatory Knowledge Real estate transactions involve complex paperwork and legal requirements that must be handled accurately. - FSBO Challenge: Without a Realtor, sellers risk overlooking important details, leading to delays or legal issues. - Real Estate Expert Advantage: The BlueCoast Realty team ensures all contracts comply with Ontario real estate laws and ethical standards. From disclosures to closing documents, we’ve got you covered. 5. Time and Convenience Selling a home requires a significant time commitment. - FSBO Challenge: FSBO sellers are responsible for everything—from scheduling showings to vetting buyers and coordinating inspections. - Real Estate Expert Advantage: A Realtor handles all these tasks, allowing you to focus on your next move. At BlueCoast Realty, we screen buyers, manage showings, and keep the process on track, so you don’t have to. Real-Life Examples of FSBO vs. Realtor Success Imagine listing your home in Sarnia without professional photos or pricing guidance. While you might attract interest, the lack of professional marketing could result in fewer offers and a lower sale price. Contrast this with partnering with Sean Ryan and the BlueCoast Realty team, who would ensure your home is presented in its best light and marketed to the widest audience. The difference? Faster sales, competitive offers, and a smoother process overall. The Numbers Don’t Lie Studies show that homes sold with a Realtor typically achieve higher sale prices than FSBO listings. While FSBO sellers aim to save on commission fees, they often lose out on maximizing their home’s value. Partnering with a professional ensures you’re not leaving money on the table. Why Choose BlueCoast Realty? The Blue Coast Realty team is deeply rooted in the Sarnia community. Here’s what sets us apart: - Local Expertise: Years of experience navigating the Sarnia real estate market. - Personalized Service: Tailored strategies to meet your unique needs. - Proven Results: A track record of helping homeowners sell quickly and for top dollar. When you work with Blue Coast Realty, you’re not just hiring a Realtor—you’re partnering with a team that’s dedicated to your success. ### [What to Expect During a Home Inspection | Tips for Sellers](https://www.sarniaproperty.com/blog_read/what-to-expect-during-a-home-inspection-tips-for-sellers) Are you preparing to sell your home in Sarnia and wondering what happens during a home inspection? This is a critical step in the home-selling process that can influence the success of your sale. Buyers often rely on inspections to identify potential issues, so understanding what to expect is essential for sellers. At Blue Coast Realty, we guide Sarnia-Lambton homeowners through every step of selling their property, including how to prepare for a home inspection. In this blog, we’ll break down the home inspection process, what inspectors look for, and how to handle any findings to ensure a smooth transaction. Why Are Home Inspections Important? Home inspections provide buyers with a comprehensive evaluation of a property’s condition. While this step is primarily for the buyer’s benefit, it’s equally important for sellers in the Sarnia real estate market. Peace of Mind for Buyers: Inspections help buyers feel confident about their purchase. Negotiation Tool: Inspection results can influence price negotiations and repair requests. Transparency: A successful inspection shows that the seller is transparent and the home is in good condition. As a seller, understanding the process can help you prepare your home and avoid surprises that could derail the sale. What Happens During a Home Inspection? A home inspection is a thorough examination of the property, typically lasting 2–4 hours. Here’s what to expect: 1. The Buyer’s Role The buyer usually hires the home inspector and may attend the inspection to observe the process. 2. The Inspector’s Focus Areas Inspectors assess the condition of a home’s major systems and components, including: Roof: Checking for leaks, damaged shingles, or other issues. Foundation: Looking for cracks, settling, or structural concerns. Plumbing: Examining pipes, water heaters, and fixtures for leaks or wear. Electrical: Ensuring wiring, outlets, and the electrical panel meet safety standards. HVAC: Testing heating and cooling systems for functionality and efficiency. Windows and Doors: Inspecting for drafts, damage, or improper installation. Exterior: Assessing siding, gutters, and grading for potential issues. 3. The Inspection Report After the inspection, the inspector provides a detailed report outlining their findings, including photos and recommendations. Common Issues Found During Inspections While every home is unique, some common issues arise during inspections, including: Roof damage: Missing shingles or aging materials. Plumbing leaks: Dripping faucets or hidden pipe damage. Electrical concerns: Outdated wiring or overloaded circuits. Foundation cracks: Minor cracks that may require monitoring or repair. HVAC inefficiencies: Old or poorly maintained heating and cooling systems. The BlueCoast Realty team recommend addressing these issues proactively to avoid delays or renegotiations during the selling process. How to Prepare for a Home Inspection 1. Declutter and Clean A tidy home allows inspectors to access all areas easily, from the attic to the basement. 2. Address Minor Repairs Take care of simple fixes, such as replacing light bulbs, repairing leaky faucets, or tightening loose handrails. 3. Provide Access to Key Areas Ensure that the inspector can access electrical panels, HVAC systems, crawl spaces, and other critical areas. 4. Test Systems and Appliances Verify that all appliances, smoke detectors, and systems (like heating and cooling) are functioning properly. 5. Document Repairs If you’ve made significant repairs or upgrades, provide documentation to the inspector or buyer as proof of maintenance. How to Handle Inspection Findings Even with preparation, inspections may uncover unexpected issues. Here’s how to respond: 1. Review the Report Work with your real estate agent to understand the findings and determine which items need attention. 2. Decide on Repairs Some issues may require immediate repair, while others can be negotiated with the buyer. 3. Be Transparent If you choose not to address certain items, be upfront with the buyer to maintain trust and transparency. The Role of BlueCoast Realty At BlueCoast Realty, we help sellers in Sarnia navigate the home inspection process with ease. From preparing your home for inspection to negotiating repair requests, we are with you every step of the way. Expert Advice: We’ll recommend pre-inspection strategies to minimize issues. Professional Support: Our team ensures that inspection findings don’t derail your sale. Local Expertise: As Sarnia Realtors, we understand the unique aspects of the local real estate market and guide you accordingly. Contact the Blue Coast Realty team today to get started. We’re here to help you achieve your real estate goals with confidence. ### [Why Your Neighborhood Matters More Than You Think](https://www.sarniaproperty.com/blog_read/why-your-neighborhood-matters-more-than-you-think) When it comes to buying a home, there’s one phrase you’ve likely heard countless times: "Location, location, location." And it’s true—your neighborhood can have as much impact on your daily life and investment value as the home itself. Whether you’re planning to buy, sell, or simply learn more about your community, understanding the importance of your neighborhood is key. Here’s why your neighborhood matters more than you think, with insights to help you make the best decision for your lifestyle and investment. What Makes a Neighborhood Desirable? A desirable neighborhood is more than just a collection of houses—it’s a community that supports your lifestyle and priorities. Key Features to Look For: Schools: For families, being in a good school district is often a top priority. Homes in these areas tend to retain or grow in value over time. Amenities: Proximity to parks, coffee shops, grocery stores, and fitness centers can significantly enhance your quality of life. Transportation: Easy access to major roads, transit systems, or bike paths makes commuting a breeze and adds convenience to daily routines. Community Vibes: Whether you’re looking for peace and quiet, a bustling social scene, or something in between, the neighborhood’s atmosphere matters. Why It Matters: For families, the presence of quality schools and parks can provide peace of mind and convenience. For retirees, quiet streets and nearby services are essential. Investors often prioritize areas with growth potential or planned developments. How to Research a Neighborhood Choosing the right neighborhood goes beyond first impressions. Here’s how to dig deeper: Online Tools: Use school rating websites to assess educational options. Check crime statistics to ensure safety. Explore walkability scores for insight into accessibility and convenience. Visit in Person: Different Times of Day: Morning traffic, evening noise, and weekend activity reveal the neighborhood’s true character. Observe the Vibe: Take a stroll, visit local businesses, and pay attention to how people interact. Talk to Locals: Chat with neighbors—they can provide valuable insights about the area. Realtor Expertise: Your realtor is a valuable resource for neighborhood information. They can share market trends, highlight hidden gems, and connect you with communities that align with your needs. When to Compromise Sometimes, finding the perfect home in the perfect neighborhood isn’t feasible within your budget. That’s when prioritizing becomes essential. Key Considerations: Future Value: Homes in desirable neighborhoods tend to appreciate faster, making them a better long-term investment. Lifestyle vs. Budget: Decide what’s most important—having your dream home or living in your ideal location. Pro Tip: You can always upgrade a home’s interior, but you can’t change its location. When in doubt, prioritize the neighborhood over the house. The Impact of Future Developments Neighborhoods evolve, and future developments can significantly impact their value and appeal. What to Watch For: Positive Changes: New shopping centers, transit improvements, or recreational facilities can boost property values and quality of life. Potential Disruptions: Large construction projects might temporarily affect noise levels and traffic. How to Stay Informed: Check city planning websites or ask your realtor about upcoming projects in the area. A little research now can help you avoid surprises later. Why Your Neighborhood is More Than Just a Backdrop Your neighborhood isn’t just where your house sits—it’s where your life happens. It shapes your daily routine, affects your property value, and contributes to your overall happiness. How BlueCoast Realty Can Help: Personalized Guidance: We’ll help you identify neighborhoods that fit your lifestyle and goals. Local Expertise: With in-depth knowledge of Sarnia’s communities, we’ll find a place you’ll love to call home. Market Insights: From growth potential to current trends, we’ll ensure your investment is a sound one. Ready to Find Your Perfect Neighborhood? If you’re buying or selling in Sarnia, reach out to Kasey Hughson and the team at BlueCoast Realty. We’re here to guide you through every step of the process, from researching neighborhoods to closing on your dream home. Contact us today to start your journey to finding not just a house, but a community that feels like home. ### [Guide to First-Time Home Buyer Incentives in Sarnia](https://www.sarniaproperty.com/blog_read/guide-to-first-time-home-buyer-incentives-in-sarnia) Buying your first home is an exciting milestone, but it often comes with financial challenges. To make homeownership more accessible, Canada offers a variety of first-time home buyer incentives that can significantly ease the financial burden. If you’re planning to settle in Sarnia, understanding these programs can help you take your first step toward owning a home. Sean Ryan and the BlueCoast Realty team are here to guide you through the process, ensuring you maximize these opportunities. Why Explore First-Time Home Buyer Incentives? First-time home buyer programs are designed to reduce upfront costs, improve affordability, and provide financial support to those entering the real estate market for the first time. By leveraging these incentives, you can: - Reduce your down payment requirements. - Lower your monthly mortgage payments. - Access tax benefits and government support. Let’s explore the top first-time home buyer incentives available in Canada and how they can benefit you as a Sarnia home buyer. (To know more about government assisted loans click here) 1. First-Time Home Buyer Incentive The First-Time Home Buyer Incentive is a shared-equity program offered by the federal government to help reduce your monthly mortgage payments. How It Works: - You can borrow 5% or 10% of your home’s purchase price through a shared-equity mortgage. - The government shares in your home’s equity, which means they share in any gains or losses when you sell the home. Benefits: - Lowers your monthly mortgage payments. - Makes buying a home more affordable. Example: For a $400,000 home, borrowing 10% ($40,000) reduces your mortgage, helping you save significantly on monthly payments. Eligibility: - Household income must be below $120,000 ($150,000 in certain high-cost areas). - The mortgage loan cannot exceed four times your annual income. 2. Home Buyers’ Plan (HBP) The Home Buyers’ Plan allows you to withdraw up to $35,000 from your RRSPs (Registered Retirement Savings Plans) tax-free to use as a down payment. Key Features: - If you’re buying with a partner, each of you can withdraw $35,000, for a total of $70,000. - You must repay the withdrawn amount within 15 years to avoid tax penalties. Benefits: - Provides a significant boost to your down payment. - Reduces the amount you need to borrow, saving you on interest costs. Eligibility: - You must be a first-time home buyer (or have not owned a home in the past four years). - The home must be your principal residence. Pro Tip: Consult with a financial advisor to understand how withdrawing from your RRSPs will affect your long-term savings goals. 3. First-Time Home Buyer Tax Credit (HBTC) The HBTC is a non-refundable tax credit that provides a rebate on your income taxes in the year you purchase your first home. Details: The credit is worth $10,000 (for homes purchased after 2022), resulting in a tax savings of up to $1,500. Eligibility: You must be a first-time home buyer. The home must be located in Canada and be your principal residence. Tip: BlueCoast Realty works with local tax professionals in Sarnia who can help you claim this credit when filing your taxes. 4. Land Transfer Tax Refund for First-Time Buyers Ontario offers a Land Transfer Tax Refund of up to $4,000 for first-time home buyers. How It Works: This refund is automatically applied at closing when purchasing your first home in Ontario. Example: For a $400,000 home in Sarnia, the land transfer tax would be approximately $4,475. As a first-time buyer, you’d only need to pay $475 after the refund. Eligibility: - You must be a Canadian citizen or permanent resident. - You cannot have owned a home anywhere in the world previously. 5. GST/HST New Housing Rebate If you’re buying a newly constructed home, you may qualify for the GST/HST New Housing Rebate. Key Features: - Allows you to recover a portion of the GST or HST paid on your new home. - Applies to new homes priced under $450,000. Eligibility: - The home must be your principal residence. - The rebate amount depends on the purchase price and province. Tip: For homes priced above $450,000, consult with your Realtor to explore other cost-saving strategies. How BlueCoast Realty Can Help First-Time Home Buyers in Sarnia Navigating these incentives can feel overwhelming, but Sean Ryan and the BlueCoast Realty team are here to simplify the process. Here’s how we help: 1. Personalized Guidance We’ll help you identify which incentives you qualify for and guide you through the application process. 2. Local Expertise With extensive knowledge of the Sarnia real estate market, we’ll help you find the perfect home that fits your budget and needs. 3. Trusted Network We work with mortgage advisors, tax professionals, and legal experts to ensure every aspect of your home-buying journey is seamless. 4. Comprehensive Support From securing financing to negotiating the best deal, we’re with you every step of the way. Let’s start your journey to homeownership. Contact  the BlueCoast Realty team to schedule a consultation. Together, we’ll find the perfect home and help you maximize your savings. ### [Pros and Cons of Short-Term Mortgage Renewals in Ontario](https://www.sarniaproperty.com/blog_read/pros-and-cons-of-short-term-mortgage-renewals-in-ontario) When it’s time to renew your mortgage, you may be faced with the choice of selecting a short-term renewal. These options, often lasting 1 to 3 years, have grown in popularity due to the flexibility they offer. But are they the right choice for you? If you’re a homeowner in Sarnia or planning to buy a home here, understanding the advantages and drawbacks of short-term mortgage renewals can help you make an informed decision. At BlueCoast Realty, we’re here to guide you through the ins and outs of real estate decisions. This blog explores the pros and cons of short-term mortgage renewals in Ontario, giving you the insights needed to navigate the Sarnia real estate market with confidence. What Are Short-Term Mortgage Renewals? A short-term mortgage renewal refers to a mortgage agreement with a renewal period of 1 to 3 years. When your current mortgage term expires, you can choose to renew with your existing lender or switch to a new one. Opting for a short-term renewal provides flexibility, but it also comes with some potential challenges. Short-term renewals are especially relevant in changing economic conditions where interest rates may fluctuate, such as in the current Ontario real estate market. Pros of Short-Term Mortgage Renewals 1. Flexibility in a Changing Market Interest rates are dynamic, and short-term renewals allow you to adapt to market trends. If rates are high, you can lock in for a shorter term and revisit your options when the term ends, hoping for better rates. Example: If interest rates in Ontario are predicted to decrease, a 1-year renewal lets you wait for more favorable conditions without committing long-term. 2. Opportunity to Refinance More Frequently With shorter terms, you have more frequent opportunities to renegotiate your mortgage terms. This is especially useful if: You’re planning to sell your home soon. You’re expecting a significant financial change, such as an inheritance or salary increase. 3. Alignment with Personal Goals A short-term mortgage renewal can align with short-term life changes. For example: If you’re planning to move within a few years. If you’re considering transitioning to a different property type in Sarnia—from a condo to a detached home, for instance. 4. Potential for Lower Penalty Costs If you’re considering breaking your mortgage early, a shorter term can minimize penalty fees compared to longer fixed terms. Cons of Short-Term Mortgage Renewals 1. Exposure to Interest Rate Volatility While flexibility can be a pro, it also means you’re more exposed to fluctuating interest rates. If rates increase significantly at the end of your term, you could face higher monthly payments when you renew. Example: A 2% rate increase on a $400,000 mortgage can add hundreds of dollars to your monthly payment. 2. Frequent Decision-Making Short-term renewals require regular reevaluation of your mortgage terms, which can be time-consuming and stressful. Tip: Work with a trusted Realtor and mortgage advisor to simplify the process and ensure you’re making informed decisions. 3. Limited Long-Term Stability If you prefer predictable payments and financial stability, a short-term renewal may not be ideal. Longer terms provide more consistency, allowing you to budget effectively without worrying about rate changes every year or two. 4. Potential for Higher Rates Some lenders may charge slightly higher rates for short-term renewals compared to longer terms, which could reduce the savings you’re aiming for. Who Should Consider Short-Term Mortgage Renewals? Ideal Candidates: - Homeowners Expecting Financial Changes: If you’re expecting a change in income or expenses, short-term renewals offer flexibility. - Sellers in Transition: If you’re planning to sell your home in Sarnia in the near future, a short-term renewal allows you to avoid long-term commitments. - Rate Watchers: Those who actively monitor interest rates and are comfortable with some risk may benefit from short-term terms. Not Ideal For: - Budget-Conscious Buyers: If you need stability and predictable payments, longer terms may be better. - First-Time Buyers: New homeowners might find short-term renewals overwhelming due to the frequent decisions required. Tips for Navigating Short-Term Mortgage Renewals in Sarnia - Work with Experts: Partner with experienced Realtors like Sean Ryan and the BlueCoast Realty team to assess your options and connect you with trusted mortgage advisors in Sarnia. - Understand Your Financial Goals: Are you aiming for flexibility or stability? Your goals should guide your decision. - Monitor Interest Rate Trends: Keep an eye on local and national market trends to make informed choices. - Compare Lenders: Don’t automatically renew with your existing lender. Shopping around can help you secure better terms and rates. - Plan Ahead: Start considering your options a few months before your renewal date to avoid last-minute decisions. How BlueCoast Realty Can Help At BlueCoast Realty, we understand that mortgage decisions play a critical role in your homeownership journey. Our team is dedicated to providing personalized advice tailored to your unique circumstances. Here’s how we can help: - Market Insights: Gain up-to-date knowledge of the Sarnia real estate market and how it aligns with your mortgage needs. - Trusted Connections: Access a network of reliable mortgage advisors to help you secure the best terms. - Local Expertise: Leverage our deep understanding of Sarnia’s neighborhoods and real estate trends to align your mortgage choices with your goals. Short-term mortgage renewals in Ontario offer both flexibility and risks. Whether they’re the right choice for you depends on your financial goals, market conditions, and personal circumstances. By understanding the pros and cons, and with expert guidance from Sean Ryan and the BlueCoast Realty team, you can make confident decisions that align with your homeownership journey. ### [How Staging Your Home Could Attract More Buyers](https://www.sarniaproperty.com/blog_read/how-staging-your-home-could-attract-more-buyers) Are you thinking about selling your home in Sarnia Lambton? In today’s real estate market, it’s not enough to just put your house up for sale and hope for the best. To really make your property shine and catch the eye of potential homebuyers, you need to think about staging. Staging is like giving your home a makeover before it goes on the market. It's about making your house look its absolute best so buyers can easily picture themselves living there. This blog post will explain why staging is so important, especially in Sarnia, and give you some tips to help you get started. Why is Staging Important When Selling a Home in Sarnia? In a competitive real estate market like the one we see in Sarnia, making your home stand out is super important. Many homebuyers start their search online. That means the first impression of your home often comes from photos on a website. A well-staged home, with great photos, can grab attention and make buyers want to see more. Staged homes tend to sell faster and for higher prices. The Real Estate Staging Association reports that staged homes spend 73% less time on the market and can sell for 5-25% above the list price. That means staging isn’t just about making your home look pretty—it’s a smart strategy to increase your chances of a quick and profitable sale. How Staging Helps You Sell Faster and For More Staging does a few key things that attract homebuyers: -Creates a Great First Impression: Online photos are crucial. When your house is staged and photographed well, it makes a fantastic first impression and encourages people to book a showing. -Shows Potential: Good staging helps buyers see how they can use each space. It allows them to imagine their furniture and belongings in your home. -Stands Out From the Crowd: In a sea of listings, a staged home really stands out. Eye-catching photos get more clicks and shares. -Creates an Emotional Connection: Staging can make your house feel warm, welcoming, and comfortable. When buyers feel an emotional connection to a home, they're more likely to want to see it in person. -Higher Selling Price: Staged homes often sell for more money. The National Association of Realtors indicates that a good staging can increase the dollar value buyers are willing to pay for a home by one to five percent. Top Staging Tips for Your Sarnia Home Here are some practical tips to help you stage your home in Sarnia Lambton like a pro: Get a Plan -It's a good idea to hire a professional stager who can give you detailed advice. A real estate team can also provide this service. -Before you do any work, get an outlined strategy. This will help you save time and money and potentially earn more from your home sale. Clean, Clean, Clean -A clean house is a must. It should smell fresh and be so clean your pickiest family member would approve. -Consider hiring professionals to do a deep clean. Declutter -Go through every room, drawer, and closet. Buyers will be looking. -Make four piles: throw away, give away, store, and keep. -Reduce what’s in your closets by about 50%. Keep everything off the floor. -Only about 1/3 of your bookshelves should have books on them. -Make sure drawers and cupboards are not full or messy. Depersonalize -Remove family photos, religious items, and very personal art. -Your goal is to make your house appealing to as many people as possible. You want buyers to see themselves in the home, not you. Create Space -"Negative space" refers to open areas in a room that can help it feel more spacious and balanced. -Remove some furniture to make rooms look more airy. -Consider off-site storage for items you want to keep but not use for staging. Lighten and Brighten -Open blinds and curtains to let in natural light. -Add extra lighting and use brighter light bulbs. -Consider light-colored blinds or airy curtains. Update and Repair -Fix anything that’s broken, such as old grout, cracks, or noisy hinges. -Consider if it makes sense to update flooring, lighting, bathrooms, or kitchens. This may or may not add value to your property. Add Accents -Use small, well-chosen accents to make a room look more polished. -Fresh flowers or succulents can bring life to a room. -Tastefully stacked books can make a room feel cozy. -New white throw pillows and towels can add a sense of luxury. Common Staging Mistakes to Avoid -Too Artificial or Impersonal: Don't make it feel like a showroom. -Neglecting Key Areas: Pay extra attention to the dining room, kitchen, master bedroom, and living rooms. -Failing to Clean and Declutter: This is a must. -Ignoring Curb Appeal: Make sure the outside of your house looks good too. -Using Very Personal or Trendy Decor: Keep it neutral. -Forgetting Repairs: Staging isn’t a substitute for fixing what needs fixing. -Poor Lighting: This can make even a well-staged home look unappealing. -Low-Quality Photos: Blurry or poorly composed photos can turn buyers off. The Importance of Professional Photography Staging is only part of the story. Great photos are just as important. You could have the best-staged house, but if the photos are not good, you are less likely to attract buyers. High-quality photos with good lighting can highlight your home's best features and create that all-important emotional connection. Avoid using low-resolution or poorly composed photos. It’s best to hire a professional photographer who knows how to capture the beauty of your staged home. Virtual Staging? Virtual staging can be a cost-effective option for vacant homes, but it is not a replacement for good, in-person staging. Buyers want to see a home that looks as good in person as it does online. In today’s Canada housing market, staging is one of the best things you can do when you are selling your home. Whether you are a first-time seller or have moved many times, making the effort to stage your home properly could help you reach more homebuyers and get a better price. In a competitive market like Sarnia, it's essential to take every step possible to make your property shine. By investing a little time and effort in staging, you can improve your chances of a successful sale. Ready to Get Started? Are you ready to make your Sarnia home stand out and attract more homebuyers? Contact Blue Coast Realty today for expert guidance and support. Our team can help you with all aspects of the selling process, from staging to closing. We're here to help you achieve your real estate goals in Sarnia Lambton! ### [January 2025 Sarnia Lambton Market Update](https://www.sarniaproperty.com/blog_read/january-2025-sarnia-lambton-market-update) Welcome to the Blue Coast Realty blog! If you're thinking about buying a home or selling a home in Sarnia Lambton, you've come to the right place. We're your trusted local real estate experts, and we're here to break down the current market, explain what’s happening, and help you make informed decisions. Let's dive in! Understanding Current Pricing Trends in Sarnia Lambton Right now, the real estate market in Sarnia Lambton, like many other places in Canada, is seeing some interesting shifts. It's not as straightforward as just prices going up or down. Instead, we're seeing a mix of factors at play. To give you a picture of recent activity, in January there were 110 sales with an average sales price of $413,481, 1367 active listings and 322 new listings. This data helps us understand the current temperature of the market, but things are constantly changing. How Interest Rates Affect You One of the biggest things affecting the market is interest rates. You’ve probably heard about the Bank of Canada and their decisions about interest rates. These rates play a big role in how much it costs to borrow money for a mortgage. -For Buyers: When interest rates are high, it becomes more expensive to borrow money for a mortgage. This can mean that you can afford less home than you could when rates are lower. High interest rates can also mean higher monthly payments. On the other hand, when interest rates fall, it can make buying a home more affordable, and more people might jump into the market, creating more competition. -For Sellers: Interest rates impact buyer demand. When rates are high, fewer people may be looking to buy, and this can slow down sales and may even affect how much a home will sell for. If rates fall, more people may enter the market to buy a home, which can create a more favorable market for sellers. Recently, the Bank of Canada has been lowering interest rates. In January 2025, they reduced the policy rate to 3%, which is good news for both buyers and sellers. Lower rates may help bring more buyers into the market. Year-over-Year Comparison: Looking Back To truly understand where the Sarnia Lambton real estate market is heading, it’s helpful to look at past data. Unfortunately, we do not have specific information in the sources about past sales for Sarnia Lambton but we can make some generalizations about the Canadian market as a whole. -2023 was slow: In 2023 the housing market was sluggish, but experts were optimistic about a rebound in 2024. -2024 saw a mixed bag: The rebound was a little slower to come than experts anticipated. The Bank of Canada lowered interest rates several times through the year, which brought buyers back in the fall [4]. Overall, home sales for the first 11 months of 2024 were up 6.9% compared to 2023. -Looking Forward to 2025: Home sales in Canada increased 26% year-over-year in November 2024. Market Forecast for 2025: What Experts Are Saying So, what can we expect for 2025? The general sentiment is that the market is poised for a comeback. -Increased Activity: Many economists and real estate agents believe that activity will be strong in 2025. The reduction of interest rates is expected to encourage more people to enter the market. -First-Time Homebuyers: One of the things experts are seeing is the return of first-time homebuyers. They are a big part of the market, and their confidence is likely to boost activity. -More Competition: As rates come down, it might feel like the perfect time to buy a home. But this can also mean more competition, which could lead to higher prices. -Potential Price Increases: There is a possibility that average residential prices will increase, with some experts predicting a rise of about 5% nationally [8]. However, this may play out differently in different areas, with some areas experiencing greater increases than others. Some experts, including the Canadian Real Estate Association (CREA) forecast that the national average home price will climb by 4.7% to $722,221 in 2025. In 2026, the national average home price is forecast to rise to $746,379. -Sales Expected to Rise: Experts predict home sales to increase by 16% across Canada in 2025. CREA forecasts a rise of 8.6% in sales in 2025. However, it’s important to know that there are some uncertainties. For instance, a potential trade war with the U.S. could negatively impact the Canadian economy, potentially reducing buyer confidence. Recap of 2024's Key Real Estate Trends 2024 was an interesting year for real estate. Here's a quick look back: -Slow Start: The year started with a slow market as people waited for the Bank of Canada to make moves on interest rates. -Rate Cuts: The Bank of Canada began cutting rates in June. This caused increased buyer activity in the fall. -Pent-Up Demand: Many people who had been waiting on the sidelines entered the market, creating what's known as pent-up demand. -Government Changes: The federal government made some changes to mortgage rules, which could also help lift home sales and prices. These included extending the maximum mortgage amortization period for first-time homebuyers to 30 years and increasing the cap for insured mortgages. -Changes in Uninsured Mortgages: The national banking regulator removed a stress test for uninsured mortgages, which could improve affordability for some buyers. What Does This Mean For You? The Sarnia Lambton real estate market is dynamic and influenced by many factors. Whether you're thinking about buying a home or selling a home, it's crucial to stay informed and work with a knowledgeable real estate agent. Here are some key takeaways for you: For Buyers:Be prepared for potential competition . Consider the impact of interest rates on your budget. Work with a trusted real estate agent who can provide guidance through the process. Be ready to act when you find the right property. For Sellers:Understand that the market is changing, and it's essential to price your property appropriately. Partner with a skilled real estate agent who knows the local market well. Be prepared for a potentially busy market in 2025. Keep an eye on economic factors that could affect the market. Why Choose Blue Coast Realty? At Blue Coast Realty, we're more than just a real estate company; we're your neighbors, friends, and trusted local experts. We know Sarnia Lambton inside and out, and we're passionate about helping our community with all of its real estate needs. Our team of experienced real estate agents is committed to providing you with personalized service and expert guidance every step of the way. Whether you're buying a home or selling a home, we’re here to make the process as smooth and stress-free as possible. If you have any questions or would like to discuss your real estate goals, please don't hesitate to reach out. We’re here to help you navigate the exciting world of real estate in Sarnia Lambton. We hope this post has been helpful! Stay tuned for more updates from your local real estate experts at Blue Coast Realty. ### [What Does a Real Estate Agent Do? | Sarnia Lambton Home Buying & Selling Guide](https://www.sarniaproperty.com/blog_read/what-does-a-real-estate-agent-do-sarnia-lambton-home-buying-selling-guide) Thinking about diving into the exciting world of Sarnia Lambton real estate? Whether you're a seasoned homeowner or a first-time homebuyer, you've probably heard the term "real estate agent" thrown around a lot. But what exactly do these mysterious individuals do? And how can they help you navigate the complex world of buying or selling a home in Ontario? This blog post kicks off our Real Estate Agent Series, where we break down the role of a real estate agent from a Sarnia perspective. We'll explore the tasks they handle, the benefits they bring to the table, and why partnering with a local expert like Blue Coast Realty can make your real estate journey smoother than a freshly paved driveway. Understanding the Real Estate Agent In the simplest terms, a real estate agent is a licensed professional who acts as a guide for buyers and sellers in real estate transactions. Think of them as your personal real estate guru, equipped with the knowledge, skills, and network to help you achieve your property goals. But their role goes way beyond just showing you pretty houses. They're experts in: Market knowledge: They understand the ins and outs of the Sarnia Lambton real estate market, including property values, trends, and neighborhood dynamics. Negotiation: They're skilled negotiators who advocate for your best interests, whether you're buying or selling. Paperwork: They navigate the complex world of real estate documents, ensuring everything is accurate and on time. Guidance and Support: They provide expert advice and support throughout the entire process, making sure you feel confident every step of the way. What Does a Real Estate Agent Do for Sellers? If you're selling your home in Sarnia, a real estate agent can be your secret weapon to a successful sale. Here's a glimpse into their world: -Pricing Your Home Right They determine the right listing price. Using their market knowledge and tools like a comparative market analysis (CMA), they'll help you set a competitive price that attracts buyers without leaving money on the table. They employ strategic pricing tactics. They can use various strategies, like listing slightly below market value to generate buzz and potentially spark a bidding war. Or, they might suggest pricing slightly above market value with the goal of negotiating down to a price that still benefits you. Ultimately, you'll work together to find the sweet spot. -Preparing Your Home for the Spotlight They offer home staging advice. They'll provide tips on how to present your home in its best light, whether it's decluttering, adding a fresh coat of paint, or even suggesting professional home staging to make it more appealing to buyers. They coordinate professional photography and videography. High-quality visuals can make a huge difference in attracting buyers online. Your agent will ensure your listing photos and virtual tours capture your home's charm. -Marketing Your Home to the World They create a compelling listing description. They'll craft a description that highlights your home's best features and captures the attention of potential buyers. They list your home on the Multiple Listing Service (MLS). The MLS is a powerful tool that exposes your property to a vast network of real estate professionals and potential buyers. They implement a multi-faceted marketing strategy. This might include traditional methods like yard signs and print advertising, but also digital strategies like social media promotion and targeted online ads. -Managing Offers and Negotiations They present offers to you. They'll help you analyze offers, explain the terms and conditions, and guide you in making informed decisions. They negotiate on your behalf. They'll use their negotiation skills to secure the best possible price and terms for you. Guiding You Through Closing They handle the paperwork. They'll ensure all the necessary documents are completed correctly and filed on time. They answer your questions. They'll be your trusted advisor throughout the closing process, answering any questions and addressing any concerns you might have. What Does a Real Estate Agent Do for Buyers? Buying a home in Sarnia Lambton can be an exciting but sometimes overwhelming experience. A real estate agent can be your compass and guide, helping you navigate the process with confidence. Here's how they help buyers: -Understanding Your Needs They listen to your wants and needs. They'll take the time to understand your preferences, including your budget, desired location, home style, and must-have features. They help you get pre-approved for a mortgage. Getting pre-approved can make your offer more attractive to sellers and gives you a clear picture of what you can afford. -Finding Your Dream Home They search for properties that match your criteria. They have access to the MLS and other resources to find homes that meet your specific needs. They alert you to new listings. They'll keep you updated on the latest properties that hit the market, ensuring you don't miss out on any potential gems -Providing Neighborhood Insights They share their local expertise. They'll provide valuable information about different neighborhoods in Sarnia Lambton, including schools, amenities, commute times, and other factors that might be important to you. They point out potential red flags. They'll use their experience to identify any issues with a property that you might not notice, saving you from costly surprises down the road. -Scheduling and Accompanying Showings They arrange home viewings. They'll coordinate with sellers and their agents to schedule convenient times for you to see properties in person. They guide you through showings. They'll be by your side during viewings, pointing out key features, answering questions, and helping you envision yourself living in the space. -Making an Offer and Negotiating They prepare and submit offers on your behalf. They'll help you craft a competitive offer that takes into account your budget and the market conditions. They negotiate with sellers to secure the best terms for you. They'll use their negotiation skills to get you the best possible price and conditions, including contingencies for inspections and financing. -Guiding You Through Closing They coordinate with other professionals. They'll connect you with trusted mortgage lenders, home inspectors, and other professionals you'll need throughout the process. They handle the paperwork. They'll ensure all documents are completed accurately and filed on time. They answer your questions. They'll be your go-to resource for any questions or concerns you have during the closing process. Choosing the Right Real Estate Agent in Sarnia Lambton Finding the right real estate agent is crucial to a successful and stress-free experience. When choosing an agent in Sarnia Lambton, consider these factors: Local Expertise: Choose an agent who has a deep understanding of the Sarnia Lambton real estate market. Experience: Look for an agent with a proven track record of successful transactions. Communication and Availability: Choose an agent who is responsive, communicative, and readily available to answer your questions. Personality and Fit: Select an agent whose personality and approach align with your own. Ready to Embark on Your Sarnia Lambton Real Estate Journey? Whether you're buying or selling a home in Sarnia Lambton, partnering with a skilled real estate agent can make all the difference. Contact Blue Coast Realty today for expert guidance and support. Our team of experienced and dedicated agents is here to help you achieve your real estate goals. Let's make your Sarnia Lambton real estate dreams a reality! ### [How Do Real Estate Agents Get Paid in Sarnia? | Real Estate Agent Series Pt. 2](https://www.sarniaproperty.com/blog_read/how-do-real-estate-agents-get-paid-in-sarnia-real-estate-agent-series-pt-2) Welcome back to our Real Estate Agent Series! In our last post, we talked about what a real estate agent does. Today, we're diving into a question many people have: How do real estate agents get paid, especially in Sarnia, Ontario? Whether you're looking to buy your first home or sell your family home, this post will provide some clarity into the world of real estate commissions. We'll also take a look at the bigger picture, discussing the Ontario and Canada housing markets to give you the full scoop. How Real Estate Agents Get Paid: The Basics Unlike many jobs, most real estate agents don’t get a regular salary.... Instead, they work on commission. This means they get paid a percentage of the sale price of a property, and they only get paid if a deal is closed. No Sale, No Pay: If a property doesn't sell, the agent doesn’t get paid. Split Commissions: When a property is sold, the commission is typically split between the agent representing the seller (the listing agent) and the agent representing the buyer (the buyer's agent). It can be a percentage fee or a flat fee, based on what is discussed between the client and the listing agent.  Real Estate Commissions in Ontario: How it Works Commission Breakdown: Split: Usually divided between the seller’s and buyer’s agents. Paid to Brokerage: The commission goes to the brokerage, who then pays the agents. HST: Home sellers also pay HST on the real estate commission. Are Real Estate Commissions Negotiable? Yes, real estate commissions are always negotiable...! There is no standard rate, and it is actually illegal for real estate agents or brokerages in Ontario to "fix" commission rates. Agents and brokerages set their own rates, so there is room for discussion. Some agents might offer different commission packages with varying services and inclusions. How Does This Affect You? Tips for Homebuyers and Sellers in Sarnia Lambton For Homebuyers in Sarnia Lambton Ask Questions: Don’t hesitate to ask your agent about how they get paid and what services they provide. Buyer Representation Agreement: Ensure you review this document so that you understand your obligations with respect to agent fees. Be Informed: Be aware of market conditions to ensure you are getting fair value. Consider the Value: While lower commissions might seem attractive, make sure your agent offers the services and expertise you need. Negotiate: You might be able to negotiate a lower rate if you are using the same agent to both buy and sell a property. For Home Sellers in Sarnia Lambton Negotiate Commissions: Don't be afraid to discuss commission rates with your listing agent. Know What You’re Paying For: Understand the services included in the commission, such as staging, photography, and marketing. Consider the "Cooperating Commission": Think about the commission you're offering to the buyer's agent. A higher commission might attract more buyers. Don't Focus Solely on Commission: Focus on how much money you'll make overall, not just the commission rate. A skilled agent can help you get the best possible price for your home. Shop Around: Reach out to multiple real estate agents and compare what they offer. Understanding how real estate agents get paid is essential for both homebuyers and sellers. While commission is a significant part of the equation, it’s not the only factor to consider. Look for an agent who is knowledgeable, responsive, and dedicated to helping you achieve your goals in the Sarnia Lambton real estate market. Whether you’re buying a home or selling a home, working with a qualified agent can make all the difference. Don't hesitate to ask questions, and make informed decisions based on your unique circumstances. We hope this post has helped clarify how real estate commissions work. Keep an eye out for the next post in our Real Estate Agent Series, and as always, feel free to contact us at Blue Coast Realty with any questions you have! ### [What to ask when choosing a real estate agent in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/what-to-ask-when-choosing-a-real-estate-agent-in-sarnia-lambton) Choosing the right real estate agent in Sarnia Lambton is crucial for a smooth home buying or selling experience. Whether you’re a first-time buyer or an experienced seller, asking the right questions can help you find an agent who meets your needs. Here’s a guide to selecting the best agent for you. Why the Right Agent Matters A good agent provides: - Local market expertise - Negotiation skills - Valuable resources - Personalized guidance - Stress reduction Key Questions to Ask Experience and Credentials -How long have you worked in Sarnia Lambton real estate? Local experience ensures knowledge of market trends and neighborhoods. - Are you a full-time or part-time agent? Full-time agents often provide more availability and up-to-date insights. - What certifications or special training do you have? Extra credentials reflect a commitment to professionalism. Local Market Knowledge - Which neighborhoods do you specialize in? An agent familiar with your target area offers invaluable insights. - What’s your view of the current Sarnia Lambton market? A knowledgeable agent can discuss home prices, market trends, and demand. - Can you share recent success stories? Recent examples show the agent’s activity and expertise. Communication and Availability - How do you prefer to communicate? Ensure their style matches yours—whether by phone, text, or email. - What’s your typical response time? Prompt responses are essential in competitive markets. - Will I work directly with you or a team? Clarify who will handle your transaction. Marketing and Sales Strategies - For sellers: What’s your marketing plan? Look for strategies like online listings, social media, and professional photography. - For buyers: How do you find off-market homes? Agents with strong networks may uncover properties before they’re listed. - What’s your negotiation experience? Effective negotiators can secure better deals. Fees and Commission What are your fees or commission rates? Understand costs upfront to avoid surprises. References and Track Record - Can you provide client references? Speaking with past clients reveals insights into their satisfaction. - What’s your list-price-to-sales-price ratio? This metric reflects pricing accuracy and negotiation skills. Tips for Choosing the Right Agent - Interview multiple agents to compare expertise and fit. - Trust your instincts and choose someone you feel comfortable with. - Check online reviews for additional insights. - Prioritize local expertise for better market insights. - Assess their online presence to gauge marketing capabilities. - Verify credentials with local real estate boards. The Importance of Local Expertise Sarnia Lambton’s real estate market has unique features influenced by: A strong industrial sector - Proximity to the U.S. border - Beautiful waterfront properties - A mix of urban and rural lifestyles Agents with deep local knowledge can guide you through nuances like seasonal trends, economic impacts, and considerations for waterfront or rural properties. Technology in Real Estate Tech-savvy agents offer advantages like: - Virtual tours and 3D walkthroughs - Data-driven pricing analysis - Digital transaction management Final Thoughts Selecting the right real estate agent in Sarnia Lambton can make all the difference. Look for expertise, communication compatibility, and a commitment to your goals. By asking the right questions and doing thorough research, you’ll find an agent who will guide you with care and professionalism. Ready to begin your real estate journey? The team at Blue Coast Realty is here to help. With local expertise and innovative approaches, we’ll make your home buying or selling experience a success. Contact us today to turn your real estate dreams into reality! ### [Renting vs Buying: Which Is Truly More Affordable in 2025?](https://www.sarniaproperty.com/blog_read/renting-vs-buying-which-is-truly-more-affordable-in-2025) Thinking about your next move in Sarnia Lambton? Whether you're dreaming of owning your first home or happy with the flexibility of renting, the decision isn’t always easy. With Canada’s housing market shifting, choosing between renting and buying can feel overwhelming. Let’s break it down and explore what the 2025 real estate landscape looks like—especially here in Sarnia, Ontario. The Big Question: Rent or Buy? For many, the idea of buying a home is the ultimate goal. It means having a place that's truly yours, a place where you can build equity and have the freedom to make it your own. However, buying a home is a BIG investment and a long-term commitment. There's a lot to think about, like down payments, mortgage payments, taxes, and insurance. On the other hand, renting can seem simpler, with just a deposit and monthly rent to worry about. However, it's not always that simple. To make the right decision, you need to look at the pros and cons of both renting and buying. Renting: The Simple Option? Renting a place means you pay a landlord for the right to live in their property. You don't own it, but you have less to worry about since you aren't responsible for major repairs or property taxes. - Pros of Renting: Lower monthly costs than a mortgage. Fewer expenses for repairs. No property taxes. Lower home insurance payments. Shorter commitment (usually a lease). Low upfront costs, like a deposit. - Cons of Renting: No return on your investment, your money goes to rent. Rent can increase each year. It's a temporary living situation. No rights over the property. Buying: The Path to Ownership? Buying a home is a big financial move. It means you have ownership rights, and you can do what you want with the property, within the law. But with ownership comes greater responsibility. - Pros of Buying: Build equity in a property. You own the property and have independence. A home can be a financial investment that increases over time. Can be a source of income if you rent out a room. - Cons of Buying: It's a long-term commitment. High upfront costs for down payments, taxes and insurance. Responsible for all maintenance and repairs. Interest payments can increase. What's Happening in the 2025 Housing Market? The Canada housing market is always changing. In some areas, like big cities such as Vancouver and Toronto, it can be more affordable to rent because the cost of buying a home is so high. For example, in Vancouver, a renter might pay $3,031 monthly, while a comparable mortgage payment might be $5,404. However, in other areas, like Sarnia, the cost of renting and owning can be very close. It is important to consider your specific location and the current trends. It's also important to understand that the real estate market can fluctuate. For example, one source suggests that while rents are dropping, the costs of buying are staying high. This could mean that for some homebuyers, renting may be a smarter financial decision. Specifically, in 2025, consider the following: Rents: Rents have been falling in many areas. Average rent in major cities is $1,720, which is down from the high of August 2022. Mortgage Rates: Despite talk of low rates, current mortgage rates are making monthly payments high for many. The average 30-year mortgage rate can be 4.25- 4.75% Home Prices: Experts are suggesting that home prices might not go up much or might even drop in the next few years. Can You Afford to Buy a Home in 2025? Before deciding to buy, ask yourself if it's really affordable for you. Here are some things to consider: Down Payment: Do you have enough savings for a down payment? The amount required depends on the home's price. You might need 5% or up to or 20% for some Mortgage Approval: Can you get approved for a mortgage? Lenders will look at your job, income, credit history, debts, and savings. Other Costs: There are also additional expenses like closing costs that can range from 1% to 4% of the property's price. Many people choose to rent because they don’t have enough money for a down payment, have a bad credit history, or don’t want a long term financial commitment. First-Time Homebuyer Programs in Canada If you're a first-time homebuyer, there are programs to help you. These include: CMHC First-Time Homebuyer Incentive: This can help lower your monthly mortgage payments.  RRSP a Homebuyer Plan: You can withdraw up to $60,000 from your RRSP tax-free to use for a down payment, but pay back over 15 years. FHSA- can use for up to $40,000 GST/HST Housing Rebate: If you buy a new or renovated home, you might be able to get back some of the tax you paid. Homebuyers Tax Credit: You can also claim a non-refundable tax credit of $5,000 on your tax return. The Local Perspective in Sarnia Lambton While national trends are important, it's also essential to understand your local market in Sarnia Lambton. What are average rental costs in the area, and how do they compare to the cost of a mortgage? What are the trends in the local real estate market? Understanding these factors will give you an advantage in your decision making. Tips for Making Your Decision Here are some tips to help you decide if renting or buying is better for you in 2025: Calculate Your Costs Consider all the costs, including the costs of renting vs the costs of owning. Think Long-Term Do you plan to stay in the area for a while, or do you prefer flexibility? Consider your long term goals. Know Your Finances Do you have the savings, income, and credit needed to buy a house? If not, renting might be better for now. Consider Your Lifestyle What's most important to you: lower monthly costs or building equity and having a home that's truly your own? The Bottom Line Deciding whether to rent or buy is personal. There is no one size fits all answer. Both options have their pros and cons. In 2025, with a shifting real estate market, it's important to carefully weigh your options and see what works best for your financial situation. Ready to Make Your Move in Sarnia Lambton? Whether you're looking to buy or rent, the team at Blue Coast Realty is here to help. Our experienced real estate professionals can give you expert advice about the market, whether you are interested in buying a home or selling a home. We can help you navigate the process and find a place that's perfect for you. We can help homebuyers understand the best options in today's market. Contact us today for a consultation, and let's explore your options together! ### [Decoding Real Estate Terms Every Home Buyer Should Know](https://www.sarniaproperty.com/blog_read/decoding-real-estate-terms-every-home-buyer-should-know) Buying a home is a big step, and it can feel like you're learning a whole new language! The world of real estate has its own set of terms and jargon, which can be confusing for homebuyers, especially those new to the process. At Blue Coast Realty in Sarnia Lambton, we want to make sure you're comfortable and confident every step of the way. This blog post will help decode some of the most common real estate terms you'll encounter when buying a home in Ontario, so you can navigate the market with ease. General Real Estate Terms - Buyer’s Agent/Listing Agent: A buyer's agent, also known as a selling agent, is a licensed real estate professional who represents the buyer and negotiates on their behalf to get the best possible price and purchasing scenario. A listing agent, also known as the seller’s agent, represents the seller, marketing their property and negotiating to secure the best price and selling scenario. Both agents are fiduciaries for their respective clients. - Closing: This is the final step in the home buying process, where all the paperwork is signed, money is transferred, and the property's ownership is officially changed. In some areas, the final step of closing is recording the deed with the county clerk’s office. After all of these steps, the buyer can move into the property. - Closing Costs: These are the various fees and expenses you'll need to pay at the time of closing, in addition to the price of the home. These can include fees for the lender, title company, lawyers, insurance, and more. Closing costs can include fees charged by taxing authorities, homeowner’s associations, and real estate agents. - Days on Market (DOM): This refers to the number of days a property has been listed for sale on the Multiple Listing Service (MLS). A low average DOM indicates a strong market that favors sellers, while a high average DOM signals a weak market that favors buyers. - Multiple Listing Service (MLS): The MLS is a database where real estate agents and brokers share information about properties for sale. When a home is listed, it is added to the local MLS. Buyer’s agents often check the MLS to see what’s available and what similar homes have sold for. Financial & Mortgage Terms - Debt-to-Income Ratio (DTI): This is the ratio of your total monthly debt payments to your gross monthly income. Lenders use this number to determine how much you can afford to borrow and if you qualify for a loan - Fixed-Rate Mortgage: With a fixed-rate mortgage, the interest rate stays the same for the duration of the loan. These are available for various terms, such as 10, 15, 20 and 30 years. - Mortgage Pre-Approval Letter: This letter from a lender shows how much they are willing to lend you based on your credit history, debt-to-income ratio, and cash on hand. Many sellers will require a pre-approval letter with any offer. - Pre-Qualification: This is a lender's estimate of how much you might be able to borrow for a mortgage. It’s a quick assessment based on information a buyer provides and not based on any verifications. - Principal: This is the original amount of money you borrowed for your mortgage, not including interest. Property & Listing Terms - As-Is: When a property is listed "as-is," it means the seller is usually not willing to make any repairs. If the property’s condition changes between when the offer was written and the closing time, the seller should return the property to its original “as is” condition or release the buyer from their obligation to purchase. - Conventional Sale: This type of sale occurs when the property is owned outright, or the owner owes less on their mortgage than the market value. - Land Lease: This means you own the home, but you rent the land it is on. - Subject to Inspection: This means the seller won't allow the property to be viewed without an accepted offer. However, you will still have an inspection period during which you can cancel the sale without penalty. - Short Sale: This is when a property is sold for less than what is owed on the mortgage, requiring approval from the lender. - Trust Sale: A trust sale occurs when a home is sold by a trustee of a living trust, often after the original homeowner has passed away. Offers & Contingencies - Appraisal: This is a professional assessment of a property’s value, usually required by lenders to ensure the loan amount is in line with the market value. - Appraisal Contingency: This clause allows a buyer to back out of a purchase agreement if the home’s appraised value is less than the sale price. - Contingency: These are conditions in an offer that must be met for the sale to proceed. Common contingencies include a home inspection, appraisal, or financing. - Home Inspection: A home inspection is when a professional inspector evaluates the condition of a property and provides a report on its structure and any needed repairs. An inspection can help buyers identify issues before finalizing the purchase. - Home Sale Contingency: This means that a buyer’s ability to purchase a property depends on their ability to finalize a close on their current property, typically referred to as SOPP. - Inspection Contingency: This clause allows buyers to perform necessary inspections during a set period of time after an offer is accepted. - Loan Contingency: This is a clause that allows a buyer to back out of a deal if they are unable to secure a mortgage with specified terms during a set time frame. Understanding these terms is crucial for anyone buying a home in Sarnia Lambton, Ontario. The Canada housing market can be competitive, so it's important to be well-informed. Whether you’re a first-time homebuyer or looking to sell a home, knowing these terms will help you navigate the process more smoothly. At Blue Coast Realty, we can guide you through the specific market conditions in Sarnia and Sarnia Lambton, providing expertise that is tailored to our local area. Ready to start your journey? Contact Blue Coast Realty today for expert guidance and support in buying or selling a home in the Sarnia area! We are here to help you achieve your real estate goals in Ontario! ### [The Risks of Selling Your Sarnia Home Without a Realtor](https://www.sarniaproperty.com/blog_read/the-risks-of-selling-your-sarnia-home-without-a-realtor) Hey there, Sarnia Lambton homeowners! Thinking about selling your place without a real estate agent? It might seem like a great way to save some money, but it’s important to know all the facts before you decide. At Blue Coast Realty, we want you to be successful, so let’s take a look at some of the risks you should consider when selling your home in Sarnia without a realtor. Why Do People Consider Selling Without an Agent? The idea of saving money on commission fees is very tempting. Many homeowners think, "Why not keep that money for myself?". While it's a valid question, you need to be aware of the work involved and potential pitfalls of selling your home by yourself. The Risks of Going at it Alone in the Sarnia Real Estate Market Selling your house without a real estate agent, also called "For Sale By Owner" (FSBO), isn't as simple as putting up a sign and waiting for offers. Here are some common risks to keep in mind: Pricing Your Home Wrong. Setting the right price is super important. If you price your Sarnia home too high, you might scare away potential homebuyers. If you price it too low, you could lose out on thousands of dollars. Online tools can give you a rough estimate, but they don't always keep up with the quickly changing real estate market. A local real estate agent knows the Sarnia Lambton area and can create a comparative market analysis (CMA) to help you set the best price. They look at recent sales in your neighborhood, upgrades you’ve made, and other factors to ensure you're not leaving money on the table. Not Understanding Offers and Conditions When you get an offer on your home, it will probably include “contingencies”. These are conditions that protect the buyer. For example, an inspection clause lets the buyer back out of the deal if the inspection finds major problems. A financing clause allows the buyer to back out of the deal if they are unable to secure a loan. An experienced real estate agent knows how to handle these situations and negotiate terms that protect you, the seller Missing Out on the Best Marketing Real estate agents use the Multiple Listing Service (MLS), a database that shares your listing with lots of websites. This gets your home in front of many more potential buyers, including those from outside of Sarnia. If you try to sell your house only on Facebook or Kijiji, you might miss out on many serious homebuyers. A good agent will also use professional photos and create marketing material that shows off your house. Dealing with Tricky Negotiations Negotiating the sale of your home can be stressful. It's easy to get emotional when you’re dealing with something so personal. Agents act as a buffer and can handle negotiations more objectively. They know how to respond to objections and counteroffers. Buyer's agents are trained to look out for their clients best interests, so you'll want someone on your side looking out for yours. Time-Consuming Process Selling your home is like a full-time job. You have to answer calls, schedule showings, market your home, and handle paperwork. It can be a lot to manage, especially if you have a busy schedule already. You will also need to be available to answer emails and phone calls quickly or risk losing potential buyers Legal Risks. Real estate transactions have a lot of legal paperwork. Agents have insurance for errors, and they know about things like transfer tax and title insurance. If you make a mistake, it could be costly. A real estate lawyer will be needed to finalize the paperwork regardless of whether you work with an agent or not. However, a realtor can help you avoid costly mistakes throughout the process. Safety Concerns When selling FSBO, you are opening your home to strangers. An agent will vet potential buyers and accompany them during showings to keep you and your home safe. Scams There are different ways that a FSBO seller might be scammed, such as through wire fraud where sellers receive an email from a fake title company with incorrect wiring instructions for the money from the sale of the home. Also, scammers may try to pay with a fake money order and then ask for a refund. Why Choose Blue Coast Realty? Selling your home is a big deal. It’s important to understand the risks of selling your home without a real estate agent. While saving money on commission might be appealing, the process can be difficult and you may end up with less money for your home, even when factoring in the commission. At Blue Coast Realty, our team of experienced professionals is dedicated to helping you sell your home quickly and for the best possible price. We know the local Sarnia and Sarnia Lambton real estate market. We can handle all the details, from marketing and showings to negotiations and paperwork. We'll make sure you’re protected every step of the way. Ready to sell your home in Sarnia? Don't take unnecessary risks. Contact Blue Coast Realty today for expert guidance and a smooth selling experience! We’re here to help you navigate the Sarnia Lambton real estate market and make your goals a reality. ### [The Complete Guide to Real Estate Investment Trusts in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/the-complete-guide-to-real-estate-investment-trusts-in-sarnia-lambton) Are you interested in real estate but not quite ready to buy a property? Or maybe you're looking for another way to grow your investments? Real Estate Investment Trusts, or REITs, could be a great option for you. In this guide, we'll explain what REITs are, how they work in Canada, and why they might be a good fit for investors in Sarnia Lambton.   What are REITs? Think of a REIT like a mutual fund, but for real estate. Instead of pooling money to buy stocks or bonds, a REIT pools money from many investors to buy, manage, or finance different types of properties. This could include anything from apartment buildings and shopping malls to warehouses and hospitals. By investing in a REIT, you can earn money from real estate without having to buy, manage, or finance properties directly yourself. - REITs allow you to invest in real estate without direct property ownership. - They are a way for investors to pool their money and collectively own properties. - REITs generate income through rents and property management, then distribute profits to investors. - They are a popular investment tool in Canada.   How Do REITs Work in Canada? In Canada, REITs must follow certain rules to maintain their special tax status. Generally, they must distribute all of their taxable income to investors. This income is usually in the form of dividends. Because REITs pass their income directly to investors, they are not taxed at the corporate level. Instead, the investor pays taxes on the income, typically at their marginal tax rate. - Canadian REITs have a mutual fund trust structure. - They must pay out all of their taxable income to investors. - REITs are exempt from corporate taxes in Canada. - Investors pay income tax on REIT distributions at their marginal rate.   Types of REITs There are different kinds of REITs, each focusing on specific types of properties. Here are some of the main types you'll find in Canada: - Residential REITs: These REITs own apartments, condos, and other residential properties. They make money from the rent paid by tenants. - Commercial REITs: These REITs invest in office buildings, shopping centers, and other commercial properties, earning income from leasing space to businesses. - Industrial REITs: These REITs focus on warehouses and distribution centers, benefitting from the growing need for logistics and e-commerce infrastructure. - Healthcare REITs: These REITs invest in hospitals, medical offices, and nursing homes, providing a stable income source due to consistent demand for healthcare services. - Retail REITs: These REITs own and manage shopping malls and retail stores, earning income from lease payments. - Specialty REITs: These REITs focus on niche markets such as self-storage facilities, data centers, and cell towers.   Public vs. Private REITs   In Canada, you’ll come across public and private REITs. - Public REITs are traded on major stock exchanges, similar to stocks, making them accessible to general investors. They are also subject to strict regulatory oversight, ensuring transparency and accountability. - Private REITs are not traded on public exchanges, and are typically available to accredited or institutional investors. They may require a higher minimum investment and are less liquid, but may offer the potential for higher returns.                                                                                                                                 Why Consider REITs in Sarnia Lambton?   Investing in REITs can be a way to diversify your portfolio, without having to invest in specific properties in the Sarnia Lambton area. For those interested in the Canada housing market, REITs can offer a way to participate in the market's growth without the responsibilities of direct property ownership. - Diversification: REITs provide diversification by investing in a variety of properties, reducing risks associated with individual properties. - Accessibility: Public REITs are readily available, allowing you to start with smaller investments compared to direct property purchases. - Income Potential: REITs often offer regular income through dividends. - Inflation Hedge: REITs can act as a hedge against rising inflation, as property owners can increase lease rates during periods of rising costs. - Exposure to the Real Estate Market: Investing in REITs allows participation in the real estate market, and specifically the Ontario real estate market, without the challenges of direct ownership. - Liquidity: Publicly traded REITs are relatively liquid, meaning they can be bought and sold easily, unlike physical properties.   Tips for Investing in REITs   Before investing in any REIT, consider the following: - Do Your Research: Examine the REIT's portfolio, management team, debt levels, and dividend history. - Consider Occupancy Rates: Look for REITs with high occupancy rates, as this suggests that the properties are well-utilized. - Check Debt-to-Equity Ratio: A lower debt-to-equity ratio is generally better. - Understand the Risks: REITs are subject to market risks and can be affected by economic conditions. - Start Small: Begin with a small investment and gradually increase your exposure over time. - Diversify: If possible, consider spreading investments across different types of REITs to balance your portfolio.   Insights for Homebuyers and Sellers   Whether you're a first-time homebuyer or looking to sell your home in Sarnia Lambton, understanding REITs can offer valuable insights into the broader real estate market. For homebuyers, REITs provide an alternative way to invest in real estate without the commitment of owning a home. For those selling a home, REITs can be an area to explore when looking to diversify their investment portfolio. - Homebuyers can use REITs as a way to diversify their investments and participate in the real estate market. - Sellers can invest in REITs as a way to maintain exposure to the real estate market after selling a home. - REITs are a good option for those looking for income generating investments. - The performance of REITs can reflect trends in the broader Canada housing market. Real Estate Investment Trusts can be a valuable tool for anyone looking to invest in real estate, and they offer many potential benefits to both experienced investors and those new to investing. By understanding how REITs work and the different types available, you can make informed decisions that align with your financial goals and investment strategy. Whether you're interested in the Sarnia Lambton market or the broader Ontario and Canada housing scene, REITs can be a good option to explore. Ready to learn more? Contact Blue Coast Realty today for expert advice and guidance on navigating the real estate market and exploring investment opportunities in Sarnia. Our experienced team is here to help you make informed decisions, whether you are buying a home, selling a home or exploring other avenues for real estate investment. ### [Things You Can Do Now to Prepare Your Sarnia Home for Sale in the Spring ](https://www.sarniaproperty.com/blog_read/things-you-can-do-now-to-prepare-your-sarnia-home-for-sale-in-the-spring) Spring is one of the best times to sell a home in Sarnia Lambton. The warmer weather, longer daylight hours, and increase in homebuyers looking for properties make it an ideal season to list. However, to maximize your home's appeal and value, it's essential to start preparing now. Whether you're a first-time seller or an experienced homeowner, taking proactive steps can make a significant difference in attracting buyers and securing the best possible offer.   Declutter and Organize Your Space A clean and clutter-free home is more inviting and allows potential buyers to envision themselves living in the space. Start by tackling key areas: Closets & Storage Spaces: Remove excess items to make spaces appear larger. Kitchen & Bathrooms: Clear off countertops, organize cabinets, and declutter the pantry. A tidy, well-maintained kitchen is a significant selling point. Living Areas: Keep decor minimal and arrange furniture to create an open, welcoming environment. Garage & Basement: Organize tools, storage boxes, and unused items to ensure optimal walking room. Tip: Consider renting a storage unit for excess furniture, seasonal decorations, or other non-essential belongings to free up space and enhance your home’s appeal. Deep Clean and Refresh Your Home A thorough cleaning can significantly impact how your home is perceived. Focus on the following areas: Wash windows inside and out to allow in more natural light. Dust and clean light fixtures, ceiling fans, and baseboards. Shampoo carpets and deep clean hardwood floors. Eliminate odors by using natural air fresheners or opening windows for ventilation. Enhance Your Home’s Curb Appeal First impressions matter, and your home’s exterior is the first thing potential buyers see. Make sure it looks inviting by: Power washing the driveway, walkway, and siding. Cleaning up landscaping by trimming bushes, raking leaves, and adding fresh mulch. Repainting or touching up the front door for a fresh and welcoming look. Ensuring outdoor lighting is functional for evening showings. Make Necessary Repairs and Updates Buyers prefer homes that are move-in ready. Address minor repairs and consider small updates that add value: Fix leaky faucets, squeaky doors, and broken tiles. Repaint walls in neutral tones to appeal to a wider audience. Update outdated hardware on cabinets and doors for a modern touch. Ensure HVAC, plumbing, and electrical systems are in good working order. Stage Your Home for Maximum Appeal Staging helps highlight your home’s best features and allows buyers to visualize its potential. Here’s how: Arrange furniture to maximize space and flow. Use fresh flowers or greenery to add a touch of warmth. Set the dining table with stylish place settings for an elegant feel. Keep decor minimal but add cozy touches, like throw pillows and blankets. Gather Important Documents Prepare necessary paperwork in advance to streamline the selling process: Property tax statements and utility bills. Warranty information for appliances and systems. Home improvement records and permits. Mortgage and title documents. Work with a Local Real Estate Expert Selling a home in Sarnia Lambton requires knowledge of the local real estate market. Partnering with an experienced real estate agent can help you price your home correctly, market it effectively, and negotiate the best deal. If you're thinking about selling your home in Ontario, now is the time to start preparing. At Blue Coast Realty, we specialize in helping homeowners in Sarnia Lambton navigate the selling process with ease. Contact us today for expert guidance. ### [Why Pre-Approval is Your First Step to Homeownership in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/why-pre-approval-is-your-first-step-to-homeownership-in-sarnia-lambton) Buying a home is a huge and exciting step. Whether you're a first-time homebuyer or looking to move to a new place in Sarnia Lambton, it’s easy to get caught up in looking at listings. But before you start touring houses, there’s a crucial first step that can save you time, money, and stress: getting pre-approved for a mortgage. This blog post will walk you through why pre-approval is so important, and how it sets you up for success in the Sarnia real estate market. What is a Mortgage Pre-Approval? A mortgage pre-approval is when a lender looks at your finances to see how much money they might lend you to buy a home. It's more than just a quick guess; it's a thorough check of your financial situation. Lenders will examine your income, debts, credit history, and employment. This process gives you a clear idea of what you can actually afford, and it shows sellers that you’re a serious buyer. Pre-qualification, on the other hand, is a less formal estimate that is based on your self-reported financial information. It does not involve the same level of scrutiny as a pre-approval. Why is Pre-Approval So Important? -Know Your Budget: A pre-approval tells you the maximum amount a lender is willing to loan you. This helps you focus your home search on properties that are within your price range. It can be disappointing to fall in love with a home that is outside of your budget, and pre-approval helps avoid this scenario. Knowing your budget also allows you to make a strong offer when you find the right home. -Stand Out as a Serious Buyer: In a competitive real estate market like we often see in Ontario, having a pre-approval makes you a more attractive buyer. Sellers and real estate agents often prioritize offers from buyers who have already been pre-approved. They know you’re less likely to have financing issues that could delay or cancel the sale. -Speed Up the Buying Process: Because much of your financial information is already reviewed during the pre-approval, the final mortgage approval process will be faster. When you find the perfect home in Sarnia Lambton, you can move quickly with your offer. This can be a huge advantage when other buyers are also interested in the same property. -Lock in an Interest Rate: Many lenders will lock in your interest rate for a period, such as 60 to 120 days. This can protect you from potential rate increases while you’re house hunting. If rates go down, you may also benefit from the lower rate. -Avoid Disappointment: It is important to make sure you are able to get the financing you need before making an offer on a property. If you are not able to get a mortgage after your offer has been accepted, you may still be obligated to complete the sale. This can create legal and financial problems. Tips for a Smooth Pre-Approval Process -Check Your Credit: Your credit score is a key factor in the pre-approval process. Get a copy of your credit report early to fix any mistakes and pay down debt to improve your chances of getting a better interest rate. -Gather Financial Documents: Be prepared to share financial information including: Proof of income such as pay stubs and W-2s Bank statements and asset details Information on your debts Compare Lenders: Don’t settle for the first offer you receive. Shop around for the best interest rates and loan terms. A mortgage broker can be helpful in this process, as they work with multiple lenders and can help you find the right fit. Be Honest and Transparent: Disclose all relevant information to your lender. Being open about your finances will help them find the best options for you. Avoid Big Financial Changes: Once you have been pre-approved, avoid opening new credit cards, changing jobs, or making major purchases. This could impact your pre-approved rate. Understand the Difference Between Pre-Approval and Pre-Qualification: Pre-qualification is an estimate and not a guarantee. Pre-approval involves verification of your financial documents and is a stronger commitment. Don’t Overspend: Just because you’re approved for a certain amount doesn’t mean you have to spend it all. Stick to a conservative budget that you know you can comfortably afford. Be sure to factor in not only the mortgage payments, but also closing costs, moving expenses, and future maintenance costs. Insights for the Sarnia Lambton Real Estate Market The Canada housing market can be competitive, and Sarnia Lambton is no exception. In such a market, being prepared is key. Pre-approval is especially useful if you’re: -A First-Time Homebuyer: If you are new to buying a home, pre-approval is a helpful step that will teach you about the process and ensure you have a realistic idea of what you can afford. It can also increase your confidence during the home buying process. -Looking to Move Quickly: A pre-approval can speed up the process of buying a home. This can be especially useful for buyers looking to move quickly. -Selling Your Current Home: When you’re selling a home, knowing your budget helps you find a new home within your financial limits. You can plan your next move with more confidence when you know what you can afford. How Pre-Approval Helps Both Buyers and Sellers -For Homebuyers: Pre-approval empowers you by giving you a clear understanding of your buying power. It can also reduce the stress of the home buying process by letting you focus on properties that fit your budget. -For Sellers: Pre-approved buyers are less risky to deal with. Sellers don't want to waste time with buyers who might not be able to secure financing. When you’re selling a home, offers from pre-approved buyers are often viewed more favorably. Getting pre-approved for a mortgage is a vital first step in your journey to homeownership. It helps you understand your financial situation, saves time, and makes you a more competitive buyer in the Sarnia Lambton real estate market. If you're looking to buy or sell a home, the team at Blue Coast Realty is ready to assist. Contact us today for expert advice and guidance to make your home buying or selling journey a success! ### [February 2025 Market Update- Sarnia](https://www.sarniaproperty.com/blog_read/february-2025-market-update-sarnia) Sarnia Lambton Real Estate: February 2025 Market Update and Forecast Welcome to the Blue Coast Realty blog, where you can find the latest insights on the Sarnia Lambton real estate market. This update will cover key trends from February 2025, compare them to previous years, and offer a market forecast for the rest of 2025. Whether you're thinking about buying or selling a home in Sarnia Lambton, this information will help you make informed decisions.   Current Pricing Trends in Sarnia Lambton In February 2025, the average list price for homes in Sarnia Lambton was $544,000, while the average sale price was $529,000. The current list-to-sale price ratio is around 98%, meaning homes are selling for approximately 98% of their listed price. The average days on market is 38 days, showing an improvement from 46 days the previous year.   The real estate market's dynamics depend on the price range. Here’s a breakdown:   $0 to $400,000: A seller's market with about 2.5 months of inventory. $400,000 to $600,000: A balanced market leaning towards sellers, with 3.8 months of inventory. $600,000 to $800,000: A balanced market with 4 months of inventory. $800,000 to $1 million: A buyer’s market with 6 months of inventory. $1 million to $1.3 million: A strong buyer's market with 23 months of inventory, offering great negotiation opportunities. Over $1.3 million: With 14 active listings and no sales in the last two months, this segment is challenging.   First-time home buyers in the lower price ranges ($0 to $500,000) face a competitive market, while those looking in higher price ranges ($600,000 to $1 million) have better opportunities to negotiate.       Impact of Interest Rates on Buyers and Sellers Interest rates play a big role in the real estate market. Uncertainty is tied to potential tariff implications and the Bank of Canada's rate announcements. The next announcement is scheduled for March 12th. Lower rates usually bring more buyers into the market, which can reduce availability and shift conditions toward a seller's market, especially in the lower to middle price ranges.   For Buyers: Lower interest rates mean lower borrowing costs, making homes more affordable. More buyers entering the market can lead to increased competition, especially in the $0 to $400,000 price range. Some buyers may hold off making a purchase until they see where interest rates go. For Sellers: Lower rates can attract more buyers, potentially driving up prices. Sellers in the $600,000 to $1 million range may find this a great time to sell as buyers look to upgrade. High-end home sellers may need to make their properties stand out due to increased inventory.   Year-Over-Year Comparison Comparing February 2025 to February 2024 provides valuable insights: Sales: 100 sales in February 2025, compared to 106 in February 2024. Active Listings: Increased from 913 last year to just under 1,100 this year. Average List Price: Dropped from $600,000 last year to $544,000 this year. Average Days on Market: Improved from 46 days to 38 days. Average Sale Price: Increased from $491,000 to $529,000 (a 9% increase). List-to-Sale Price Ratio: Slightly increased from 97% to 98%. Sales Volume: Slightly decreased from $48 million to $47 million. Expired Listings: Increased from 156 to 214.   While sales and sales volume have slightly decreased, the rise in the average sale price and the drop in days on the market indicate a positive trend in Sarnia Lambton’s real estate market.   Market Forecast for the Rest of 2025 Predicting the market is challenging due to current uncertainties. The forecast depends on factors such as interest rates and potential tariffs. If interest rates continue to decrease without major disruptions, the market is expected to pick up at a faster rate.   Expert Insights: The market could become more competitive if rates continue to fall, particularly in the lower to middle price ranges. The $600,000 to $1 million price range currently offers the best opportunities for buyers.   February 2025 Key Real Estate Trends Recap Here’s a quick recap of the key trends from February 2025: Increase in average sale price Decrease in days on market Increase in active listings Varied market conditions based on price range Impact of interest rates and economic uncertainty on the market   Final Thoughts The Sarnia Lambton real estate market presents a mix of opportunities and challenges depending on price range and individual circumstances. Whether you're a first-time home buyer, looking to upgrade, or considering selling, understanding these trends is crucial. Contact your Sarnia Real Estate Agent at Blue Coast Realty for personalized advice and support   ### [How to Become a Real Estate Agent in Ontario: Your Guide to a Rewarding Career in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/how-to-become-a-real-estate-agent-in-ontario-your-guide-to-a-rewarding-career-in-sarnia-lambton) Are you interested in a career where you can help people find their dream homes, set your own schedule, and be your own boss? If so, becoming a real estate agent in Ontario, especially in the vibrant Sarnia Lambton area, might be the perfect path for you. The real estate industry in Ontario is always changing, with lots of chances for people who like working with others, know the market, and are good at negotiating. This guide will walk you through the steps to start your journey in the exciting world of real estate. What Does a Real Estate Agent Do? A real estate agent is a licensed professional who helps people with buying, selling, and renting properties. They act as a link between buyers and sellers, guiding clients through the process. They need to know about the local market, property values, and all the legal stuff. Agents work under a licensed broker who supervises and mentors them. In short, a real estate agent is a frontline expert who helps people navigate the world of real estate. Why Choose a Career in Real Estate in Ontario? A career in real estate offers many benefits: Flexibility: You can set your own hours and have more control over your work-life balance. Rewarding Work: You get to help people find their perfect homes or sell their properties, making a real difference in their lives. Income Potential: Your income is based on your efforts, so the potential for high earnings is significant. Variety: Every day is different, with new people to meet and properties to explore. Local Impact: Working in Sarnia Lambton allows you to become an expert in your community and help people in your own neighborhood. Steps to Becoming a Real Estate Agent in Ontario Becoming a real estate agent in Ontario involves several steps. It's a structured but straightforward path. Here's what you need to do: - Meet the Basic Requirements: Be at least 18 years old. Have a high school diploma or equivalent. Be a legal resident of Canada. - Complete the Required Education: Enroll in the Real Estate Salesperson Program. This program covers key topics like property law, ethics, sales, and marketing. The program includes five courses, two simulation sessions, and four exams. The courses are Real Estate Essentials, Residential Real Estate Transactions (two courses), Commercial Real Estate Transactions, and Getting Started. You have up to 24 months to finish the program after you register. - You must pass each course exam with 75% or higher before moving on to the next course. The program offers both online and in-class learning options. The program is designed to follow the flow of a real estate transaction. - Register with the Real Estate Council of Ontario (RECO): After completing your courses, you must register with RECO. The registration process includes a background check and agreeing to the RECO Code of Ethics. You must apply within one year of completing the pre-registration phase at Humber College. - Find a Brokerage: You can't work independently as a new agent; you must be employed by a brokerage. Choosing the right brokerage is crucial as they provide support, training, and resources. Brokerages vary in their fee structures, support, and culture. Look for a brokerage that fits your needs and work style. Some brokerages focus on low costs, while others offer more support and training. - Complete the Post-Registration Phase: To renew your registration after two years, you need to complete the Post-Registration Phase, which involves a compliance course and two elective courses. This ensures you stay updated on real estate laws and best practices. - Tips for Success as a Real Estate Agent Build a Strong Online Presence: In today's digital world, it’s crucial to market yourself online. Use social media, create a website, and engage with your audience. Network: Attend industry events, join associations, and volunteer in your community. Networking can open doors to new opportunities and help you build valuable relationships. Market Yourself Effectively: Create a brand that showcases your values and expertise. Use both online and offline strategies to connect with potential clients. Stay Informed: The real estate market is always changing. Keep learning and adapt to new trends and technologies. Be Patient: Real estate is about building long-term relationships and investments, not quick sales. Develop Strong Communication and Interpersonal Skills: This is essential for building trust and rapport with clients. - Insights Specific to Sarnia Lambton Local Expertise: Become an expert in the Sarnia Lambton area. Know the neighborhoods, schools, and local amenities to help your clients make informed decisions. Community Connection: Engage with the local community to build your network and establish yourself as a trusted agent. Unique Market: The Sarnia Lambton real estate market has its unique characteristics, so stay updated on the local trends and dynamics. - What to Expect as a Real Estate Agent Long Hours: Be prepared to work evenings and weekends to accommodate clients' schedules. Unpredictable Income: Real estate income can fluctuate due to market conditions, so it's important to manage your finances well. Continuous Learning: The real estate industry is always evolving, so you'll need to be committed to ongoing education. Start-up Costs: Be prepared for expenses such as licensing fees, insurance, and marketing costs. - Is This Career Right For You? A career in real estate is ideal for people who: Enjoy meeting new people. Are good at marketing and sales. Want flexibility in their work schedule. Are self-motivated and enjoy working independently. Are comfortable with technology. Have an interest in the housing market. Want to help people with buying or selling a home. Ready to take the first step towards becoming a real estate agent? Contact Blue Coast Realty today for expert guidance and support. Our experienced team can help you navigate the process and kickstart your rewarding career in real estate in Sarnia Lambton. Whether you are interested in buying a home or selling a home, we have the knowledge and experience to help you achieve your goals. Join us and start making a difference in your community. ### [Can You Be a Part-Time Real Estate Agent in Sarnia, Ontario?](https://www.sarniaproperty.com/blog_read/can-you-be-a-part-time-real-estate-agent-in-sarnia-ontario) Are you thinking about getting into the real estate business in Sarnia, Ontario? Maybe you have a full-time job but are also interested in a flexible way to earn extra money. You might be wondering, can you really be a real estate agent part-time? The answer is yes! Many people successfully balance a part-time real estate career with other jobs and responsibilities. It's a great way to explore your interest in Canada housing and the Sarnia Lambton market, while still having the stability of another income source. What Does a Part-Time Real Estate Agent Do? A part-time real estate agent in Sarnia works less than 35 hours a week. They might have another full-time job, or they might be retired and looking for a way to stay active and earn extra money. Part-time real estate agents help people with buying a home or selling a home. They guide clients through the process, from searching for the right property to negotiating offers and closing the deal. Here’s what a part-time agent might do: - Help homebuyers find properties that match their needs and budget. - Show homes to potential buyers. - Help clients who are selling a home to get the best price. - Negotiate offers between buyers and sellers. - Handle paperwork and other administrative tasks. Keep in mind that the real estate market in Sarnia Lambton is unique. Property prices and commissions may differ, so it's important to understand your local market. Is Part-Time Real Estate Right For You? Being a part-time real estate agent isn't easy. You need to be organized, good at managing your time, and be ready to work some evenings and weekends. It’s not just about having a flexible schedule, but also about being able to handle client needs whenever they arise. Here are some factors to consider: - Time: Can you dedicate evenings and weekends to your real estate business? Part-time agents often focus on these times to meet with clients. - Flexibility: Do you have the flexibility to leave your main job for important appointments? - Finances: Are you financially stable and able to handle the possibility of inconsistent income? Remember, your income depends on the sales you make. - Skills: Are you good at multitasking, communicating, and networking? Real estate is a people business. - Support System: Do you have a strong support system for help with childcare or other responsibilities? - Training: Are you prepared to invest the time and money in the training needed to get licensed? The Pros and Cons of Part-Time Real Estate Like any career, there are both advantages and disadvantages to working as a part-time real estate agent. Pros: - Flexibility: You can set your own hours, making it easier to manage other jobs or commitments. - Extra Income: You can earn extra money through commissions on sales and rentals. - Experience: You can learn valuable skills in sales, marketing, and customer service. - Networking: You can meet new people and build a strong professional network. - Low Financial Risk: Starting part-time lets you test the waters before committing fully. Cons: - Limited Availability: Your other commitments may affect how quickly you can respond to clients. - Inconsistent Income: Income can be unpredictable, especially when you’re starting out. - Competition: You will be competing against full-time agents who have more time and resources. - Staying Current It can be challenging to stay updated on market trends and regulations with limited time. - Finding a Brokerage: Some brokerages may not hire part-time real estate agents. Tips for Success as a Part-Time Real Estate Agent -Be Organized: Time management is crucial. Plan your real estate tasks around your main job. - Use Technology: Utilize real estate apps and tools to stay organized. - Network: Connect with leads and other professionals. - Stay Informed: Keep up with market trends and regulations. - Set Realistic Goals: Set achievable targets and work towards them. - Client Communication Be clear with clients about your availability and response times. - Focus on Relationships Real estate is about building relationships, not just the hours you work. Being a part-time real estate agent in Sarnia Lambton can be a rewarding and flexible career choice if you are organized, dedicated and client focused. It's a great way to earn extra income and build valuable skills. If you're passionate about real estate, and ready to put in the effort, it  Ready to learn more about starting a part-time real estate career in Sarnia, Ontario? Contact Blue Coast Realty today for expert guidance and support. Our experienced team can help you navigate the process and achieve your goals in the Sarnia Lambton real estate market. ### [Ready to Buy a Home in Sarnia Lambton? Build Your Credit First ](https://www.sarniaproperty.com/blog_read/ready-to-buy-a-home-in-sarnia-lambton-build-your-credit-first) Are you dreaming of owning a home in beautiful Sarnia Lambton? It's an exciting goal, and here at Blue Coast Realty, we want to help make your dream a reality. One of the most important steps in the home-buying process is making sure your credit is in good shape. Your credit score can affect whether you get approved for a mortgage and how much interest you’ll pay. This blog post will give you some simple tips to improve your credit so you can get ready to buy a home in Sarnia. Why Your Credit Score Matters When Buying a Home Your credit score is like a report card for how you handle money. Lenders, like banks and mortgage companies, use your credit score to decide if they want to lend you money for a home. A higher credit score shows them that you’re responsible with money, so they're more likely to give you a mortgage with a good interest rate. If you have a low credit score, it can be harder to get approved for a mortgage, and you may have to pay a higher interest rate. A good credit score of 660 or higher can make it easier to get a mortgage and a lower interest rate. A lower score may mean you will have to work with alternative lenders and pay higher fees and interest. How to Check Your Credit Score Before you start looking at real estate in Sarnia Lambton, check your credit score and report. In Canada, you can get a free credit report from Equifax and TransUnion. Equifax offers free credit scores to all Canadians, while TransUnion offers them for free in Quebec. There are also third-party providers that offer free credit scores and reports including sometimes getting it right on your banking app or web login. When you get your credit report, look for any errors. If there are mistakes, dispute them right away. Correcting errors can help raise your credit score. Easy Ways to Build Your Credit Building good credit takes time, but here are some things you can do to get started: Pay Your Bills on Time: This is the most important thing you can do. Your payment history makes up 35% of your credit score. Make sure to pay all your bills on time, including credit cards, utilities, and loans. Keep Your Credit Card Balances Low: Don’t spend your entire credit limit on your credit cards. Try to keep your balance below 30% of your total credit limit. A high debt-to-credit ratio can hurt your score. Leave Old Credit Accounts Open: Don’t close old credit cards, even if you’re not using them. Closing them can lower the average age of your credit history. Keep older accounts open, especially if they don't have fees. Don't Open Too Many New Accounts: Opening many new credit cards or loans at once can lower your score. Too many applications for credit can also temporarily lower your score. Consider a Secured Credit Card: If you can’t get a regular credit card, try a secured credit card. You put down a deposit, and then use the card like a regular credit card, which can help you build credit. Credit Builder Loans: These loans are designed to help you build credit. Instead of getting cash upfront, the lender holds the money, and you make payments. When you’ve finished paying it off, the funds are released to you, minus interest and fees. Become an Authorized User: If you have a limited credit history, you may be able to become an authorized user on a family member's or friend's credit card. Their good payment history will show on your credit report and help you build your credit, but you also risk a negative impact if their account is not managed well. Other Factors Lenders Look At When you apply for a mortgage, lenders look at more than just your credit score. Here are some other things they will consider: Your income: They want to be sure you earn enough to make your mortgage payments. Your debt-to-income (DTI) ratio: This is how much of your monthly income goes toward paying off your debts. Lenders prefer a DTI below 43%. Your down payment: A larger down payment can make you a less risky borrower. Cash for closing costs: You'll need to cover closing costs such as legal fees and land transfer taxes. Buying a Home with Bad Credit If you have a low credit score, it’s still possible to buy a house, but it might be harder and more expensive. You may need to: Work with an alternative lender: These lenders may be more willing to give you a mortgage, but they often charge higher interest rates. Make a larger down payment: A bigger down payment can make you a more attractive borrower. Get a co-signer: A co-signer with good credit can help you qualify for a mortgage. How Long Does It Take to Build Credit? If you’re starting from scratch, it can take 3 to 6 months to get a credit score. If you have bad credit, it can take 6 to 12 months, or even longer, to improve it. The key is to be consistent with making on-time payments. What if You Have a Low Income? It’s harder to buy a house with bad credit and a low income, but it’s not impossible. Improving your credit will help a lot. You may also want to find ways to increase your income. The Bottom Line Building your credit is a smart move if you’re thinking of buying a home. It will improve your chances of getting a mortgage and getting a good interest rate. By taking the time to focus on your credit health, you'll be on the right path to finding your dream home in Ontario, and specifically in the Sarnia Lambton area. Call to Action Ready to make your move in the Sarnia real estate market? Whether you are buying a home or selling a home, Blue Coast Realty is here to help. Contact us today for expert guidance on the Canada housing market and to explore your options. We’ll help you navigate every step of the process and find the perfect Sarnia home for you! ### [A Guide to Lawyer Fees and Closing Costs When Purchasing a Home in Ontario](https://www.sarniaproperty.com/blog_read/a-guide-to-lawyer-fees-and-closing-costs-when-purchasing-a-home-in-ontario) Buying a home is a huge step, filled with excitement and a few challenges. If you're looking to buy in Sarnia Lambton or anywhere in Ontario, it's important to know about all the costs involved. Besides the price of the house, you also need to budget for lawyer fees and closing costs. This guide will help you understand these expenses so you can be prepared and have a smooth home-buying experience. What Are Closing Costs? Closing costs are the extra fees you pay when you finalize your real estate transaction. These costs are on top of the home's purchase price, so it's important to know what they are and how much they might be. In Ontario, closing costs usually range from 1% to 4% of the home's price. Common Closing Costs for Homebuyers in Ontario Here are some of the most common closing costs you'll encounter when buying a home in Ontario: Land Transfer Tax (LTT): This is a tax you pay to the Ontario government when the property ownership changes. The amount depends on the home's purchase price. First-time homebuyers may be eligible for a rebate, which means they can get some of this money back. Real Estate Lawyer Fees: You'll need a real estate lawyer to help with the legal paperwork when buying a home. They handle title searches, review contracts, and make sure everything is done correctly. Lawyer fees in Ontario can range from $500 to $3,000, but some offer a fixed rate. Title Insurance: This insurance protects you from problems with the property's title, such as issues with previous owners or survey errors. It's optional but recommended. The cost varies depending on the situation. Home Inspection Fees: Getting a home inspection is a good idea to check for any hidden problems in the house before you buy it. An inspection can cost between $250 and $500. Property Appraisal Fee: Your lender might require a property appraisal to confirm the home's market value before they give you a mortgage. This usually costs between $300 and $600. Property Survey Fees: A property survey shows the boundaries and measurements of the property. It can cost between $1,000 and $6,000. Government Registration Fees: These fees cover the cost of registering the property transfer with the local land registry office. Expect to pay around $200. Home Insurance: Your lender will require proof of home insurance to protect against property damage. The cost depends on the coverage you choose. Mortgage Default Insurance (CMHC Fees): If you're buying a home with a down payment of less than 20%, you'll likely need to pay for mortgage default insurance. This protects the lender if you can't make your mortgage payments. Understanding Real Estate Lawyer Fees A real estate lawyer is a key part of the home-buying process. They make sure everything is legal and in order. Here's what you need to know about their fees: What They Do: Real estate lawyers manage all the legal paperwork for buying, selling, or mortgaging a property. They review contracts, conduct title searches, and ensure you meet all legal obligations. How They Charge: Lawyers may charge an hourly rate or a flat fee. Hourly rates vary based on their experience and how complex the transaction is. A flat fee gives you more predictability. In Ontario, lawyer fees for a house closing can range from $450 to $3,000. Additional Costs: Besides the main fee, there might be extra charges for things like title searches, execution certificates, and software. Tips for Managing Lawyer Fees and Closing Costs Shop Around for a Lawyer: Look for real estate lawyers in Sarnia Lambton or Ontario. Ask for recommendations and read reviews. Schedule consultations to discuss their services and fees. Ask About All Costs Upfront: Make sure you know what's included in the lawyer's fee and if there might be extra charges. Transparency can prevent surprises. Negotiate Fees: Don't be afraid to ask if the lawyer is willing to negotiate their fees. Some may offer discounts or package deals. Use Online Calculators: Many websites have calculators to help you estimate closing costs. These tools can give you a better idea of what to expect. Consider a Home Inspection: While it costs extra, a home inspection can save you money in the long run by finding potential problems early. First-Time Homebuyer Benefits: If you're a first-time homebuyer, check if you're eligible for any rebates or tax credits. This can help lower your costs. Increase your down payment: Making a down payment of 20% or more means you won't have to pay mortgage default insurance. Insights for Buying in Sarnia Lambton Sarnia Lambton is a great place to buy a home. To make the process smoother, here are some things to keep in mind: Local Market Knowledge: Work with a real estate agent who knows the Sarnia Lambton market well. They can help you find the right property and negotiate a fair price. Budget Wisely: Create a detailed budget that includes all potential closing costs. This will help you avoid financial stress. Plan Ahead: Start planning your home purchase early. This gives you time to save money, research lawyers, and understand the market. Buying a home in Ontario, especially in Sarnia Lambton, involves more than just the purchase price. Understanding lawyer fees and closing costs is essential for a smooth transaction. By doing your research, budgeting carefully, and working with experienced professionals, you can confidently navigate the home-buying process. Ready to take the next step in your home-buying journey? Contact Blue Coast Realty today for expert guidance and personalized service. Let us help you find your dream home in Sarnia Lambton! ### [Common Real Estate Myths Debunked for Sarnia Sellers](https://www.sarniaproperty.com/blog_read/common-real-estate-myths-debunked-for-sarnia-sellers) Entering the real estate market can feel like stepping into a maze. There's so much information out there, and it's hard to know what's true and what's just a myth. If you're thinking about selling a home in Sarnia Lambton, it's important to separate fact from fiction so you can make the best decisions. As trusted real estate experts in the Sarnia area, Blue Coast Realty is here to debunk some common myths and empower you with the knowledge you need. Myth #1: You Should Always Price High to Leave Room for Negotiation It's tempting to inflate your initial listing price, thinking it will lead to a better negotiation. However, this is a common real estate myth that can backfire. Truth: Overpricing your home can actually deter potential homebuyers. In today's market, buyers are well-informed and less likely to consider properties that seem overpriced. A better strategy is to price your home competitively based on a comparative market analysis. This attracts more interest and can even lead to multiple offers, driving up the final sale price. Myth #2: Spring is Always the Best Time to Sell Spring is traditionally a busy season for real estate, leading many to believe it's the only time to sell. Truth: Each season has its own advantages. Selling a home in the winter in Sarnia Lambton can mean less competition and more motivated buyers. Buyers who are out in the winter are serious. Myth #3: You Don't Need a Real Estate Agent in the Age of the Internet With so much information available online, some sellers believe they can handle the sale themselves. This is a myth that overlooks the value a real estate agent brings. Truth: While online platforms offer helpful tools, the expertise of a seasoned agent is invaluable. A real estate agent offers: Local market knowledge Strategic pricing insights Negotiation skills Guidance through complex contracts and legalities A network of professionals, from mortgage brokers to home inspectors Selling a home involves many complexities, and a real estate agent can ensure a smoother, more successful transaction. A good realtor knows the ins and outs of keeping your largest investment safe. Myth #4: Renovating Guarantees a Higher Selling Price Many homeowners believe that renovating before selling a home will automatically increase its value. Truth: Not all renovations offer a good return on investment. Focus on improvements that enhance your home's marketability. A real estate agent can advise you on which upgrades are worth the investment and which to avoid. Myth #5: You Can’t Sell a House in a Buyer's Market The idea that you can’t sell a house in a buyer’s market is a common real estate myth that can deter potential sellers from engaging in the market. Truth: The dynamics of a buyer’s market are nuanced and require strategic approaches to ensure a successful real estate sale, even when conditions are less than favorable. Marketing strategies play an important role in standing out when there is increased competition. Leveraging online social media and marketing platforms, investing in professional photography, and offering virtual tours can help capture the attention of potential buyers. Myth #6: Home Inspections are Only for Old Houses The idea that home inspections are only required for older homes is another common real estate myth. Truth: Home inspections are crucial for properties of all ages and serve as a vital step in the overall process in order to uncover hidden issues and ensure buyers have all the information they need to make the right decision for their families. Navigating the Sarnia Lambton Real Estate Market The Canada housing market, including Ontario and Sarnia Lambton, is constantly evolving. Staying informed and working with experienced professionals is key to a successful sale. Don't let myths cloud your judgment. By understanding the truth behind these common misconceptions, you can make more informed decisions and achieve your real estate goals more effectively. Whether you’re buying a home or selling a home, having accurate information and the right professional support is crucial to success. Ready to Sell with Confidence? Contact Blue Coast Realty today for expert guidance and personalized service in the Sarnia Lambton real estate market. Let us help you navigate the process and achieve the best possible outcome! ### [Advantages of Buying a New Build in Sarnia Ontario](https://www.sarniaproperty.com/blog_read/advantages-of-buying-a-new-build-in-sarnia-ontario) Are you searching for a perfect home that combines comfort, modernity, and convenience? Look no further than the newly built homes in Sarnia Lambton! These homes are more than just buildings; they embody a way of life, offering unique advantages that make them an irresistible choice for future homeowners in the Sarnia Lambton. Advantages of New Build Homes Embrace the Future: New build homes represent contemporary living, boasting cutting-edge designs, innovative technologies, and eco-friendly features crafted to suit the needs of the modern dweller. Quality Assurance: When you buy a new house, you’re getting top quality because builders use the best methods and materials to ensure your home remains strong for a long time. Customization: One of the most significant advantages of newly built homes is the opportunity to customize. From selecting the floor plan to choosing finishes and fixtures, you have the power to tailor your home according to your taste and preferences. Energy Efficiency: New build homes are energy-efficient, equipped with energy-saving appliances, superior insulation, and smart heating/cooling systems, which translates to lower utility bills and a greener planet. New construction homes are built with the latest energy-efficient materials and appliances, which can save you money on energy bills in the long run. Features and Amenities of New Build Homes in Sarnia Lambton Imagine waking up to the scent of freshly brewed coffee in your state-of-the-art kitchen or unwinding in a spa-like bathroom after a long day’s work. These are some of the features and amenities newly built homes in Sarnia Lambton offer: Open Concept Living: Experience the freedom of spacious, open-concept living areas that encourage family bonding and social gatherings. Smart Home Integration: Stay connected with the world through integrated smart home systems, where you can control lighting, security, and climate settings with a touch or a voice command. The Process of Buying a New Build Home in Ontario Purchasing a newly built home is a journey filled with excitement and possibilities. Here's how to navigate this path successfully: Research and Explore: Begin by researching different builders and communities in Sarnia. Explore their portfolios, visit model homes, and envision yourself living in these spaces. Secure Financing: Understand your budget and explore financing options. Consult with financial experts and mortgage advisors to determine the loan that suits your needs. Team Up with a Real Estate Expert: An experienced real estate agent who knows about new homes is invaluable. Sean Ryan and team stands out as an ideal partner with years of experience and a deep understanding of the local real estate scene. Make Your Home Unique: Work with the builder’s design team to personalize your home. Pick paint colors and select flooring to add your touch and make your home truly yours. Inspections and Closing: Before finalizing the deal, ensure that the home undergoes thorough inspections. Address any concerns with the builder, and once everything is in order, proceed to the closing – the moment when your dream home officially becomes yours. Tips for Choosing the Right New Build Home in Sarnia Lambton Searching for the perfect newly built home can be exciting and overwhelming, given the array of options. Consider the following: Define Your Needs: List your requirements and preferences, such as the number of bedrooms needed or the desire for a home office. Location Matters: Evaluate the proximity to schools, healthcare facilities, shopping centers, and your workplace. Visit Model Homes: Take the time to visit model homes in different communities, paying attention to the quality of construction, layout, and available features. Research the Builder: Read reviews, talk to previous clients if possible, and ensure you are dealing with a trustworthy builder known for delivering exceptional homes. Construction quality can vary significantly depending on the builder, so buyers should research their builder’s reputation and track record. New Home Warranty in Ontario New homes in Ontario are covered for major structural deficiencies and unreasonable delays by the Ontario New Home Warranties Plan. Depending on the problem, your warranty covers your home for 1, 2, or 7 years. Not all defects are covered and renovations can void your warranty, so it is important to read it carefully. Tarion can also protect your purchase deposit. Why Choose a New Construction Home? Customization: New construction homes offer much more flexibility and opportunity for you to make the decisions, making it more likely that you can get exactly the layout you want. New Systems and Warranties: A new home also means all new heating and cooling systems and appliances, plus new construction homes come with a builder's warranty. No Repairs Needed: Because your home is newly built, you shouldn’t have to worry about making major repairs immediately. Modern Finishes: New construction homes often come with modern features such as smart home technology, energy-efficient windows, and open floor plans. In your quest for the perfect newly built home in Sarnia Lambton, the choice of a trusted real estate agent can make all the difference. Contact Blue Coast Realty today for expert guidance and support in finding your dream home in Sarnia Lambton! ### [How to Sell Your Home in Lambton County | 8 Steps for a Successful Sale](https://www.sarniaproperty.com/blog_read/how-to-sell-your-home-in-lambton-county-8-steps-for-a-successful-sale) Selling a home in Sarnia or Lambton County can be a big decision. Understanding the process is key to a smooth and successful sale, whether you're a first-time seller or have sold homes before. This guide will walk you through the steps to selling a home and offer expert tips for home sellers. Step 1: Decide If You're Ready to Sell Before you list your home, it’s important to ask yourself a few key questions: Why are you selling? Are you relocating, upgrading, downsizing, or selling an investment property? Is now the right time? The Canada housing market fluctuates; consider whether it’s a buyer’s market (more homes for sale, fewer buyers) or a seller’s market (fewer homes for sale, more buyers). Do you have a new home lined up? If you're also buying a home, you’ll need a strategy to transition smoothly. A Sarnia real estate agent can help assess market conditions and determine if selling now is the best choice. Step 2: Find a Trusted Real Estate Agent A professional Sarnia real estate agent can make all the difference when selling your home. The right agent will: Provide a market analysis to determine the right price Market your home effectively using MLS listings, online platforms, and professional photography Handle negotiations to get you the best deal Guide you through legal paperwork to avoid costly mistakes Choosing a local Sarnia Lambton real estate expert ensures that you have someone who understands the area, buyer trends, and pricing strategies. Step 3: Price Your Home Right Setting the right price is crucial. Price too high, and you risk sitting on the market for months. Price too low, and you leave money on the table. Your agent will conduct a Comparative Market Analysis (CMA), looking at recent sales of similar homes in Sarnia and Lambton County, the condition and features of your home, and current market conditions. Step 4: Prepare Your Home for Sale First impressions matter! Here’s how to get your home ready for buyers: Declutter and Depersonalize Remove excess furniture to make rooms look bigger Store personal items like family photos to help buyers picture themselves in the space Organize closets and storage areas Make Small Repairs Fix leaky faucets, squeaky doors, and chipped paint Replace burned-out light bulbs Consider updating hardware on cabinets for a fresh look Stage Your Home Arrange furniture to highlight the best features of each room Add fresh flowers or a bowl of fruit to brighten up the kitchen Use neutral colors and soft lighting to create a warm atmosphere A well-prepared home attracts more Sarnia homebuyers and can even increase your final sale price. Step 5: Market Your Home Your agent will develop a marketing strategy that may include: Listing your home on MLS, Realtor.ca, and other major platforms High-quality photos and virtual tours Social media marketing and email campaigns Open houses and private showings Reaching as many potential buyers as possible ensures a faster and more competitive sale. Step 6: Showings and Open Houses Once your home is listed, you’ll need to keep it clean and ready for showings at all times. Some tips: Be flexible with viewing times to accommodate buyers’ schedules Keep pets out of the house during showings Light candles or bake cookies before showings to create a welcoming atmosphere Your Sarnia real estate agent will guide potential buyers through your home and highlight its best features. Step 7: Review Offers and Negotiate When you receive an offer, it will include the offered price, conditions (e.g., financing approval, home inspection, closing date), and deposit amount. Your agent will help you review and negotiate offers to ensure you get the best deal. Sometimes, buyers will submit multiple offers, giving you a chance to sell above asking price.Step 8: Close the Deal Once you accept an offer, there are a few final steps before closing: Home Inspection & Appraisal – The buyer may request an inspection and an appraisal by their lender Final Paperwork – Your lawyer will handle the legal side of transferring ownership Moving Out – Plan your move and notify service providers (utilities, mail forwarding, etc.) Step 8: Closing Day On closing day, you’ll sign the final documents, hand over the keys, and receive your funds! Bonus Tips for Selling a Home in Sarnia Lambton Know the local market – Sarnia real estate trends change, so stay updated. Be patient but realistic – Some homes sell fast, while others take longer. Trust your agent’s expertise – They’ve done this many times and know how to navigate challenges. Ready to Sell Your Home in Sarnia? Selling a home doesn’t have to be stressful! At Blue Coast Realty, we guide you every step of the way, from pricing and marketing to negotiation and closing. Contact us today to get started and maximize your home’s value in the Sarnia Lambton real estate market. Let’s make your home-selling experience smooth and successful! ### [5 Reasons to Move to Sarnia, Ontario | Affordable Living & Outdoor Beauty](https://www.sarniaproperty.com/blog_read/5-reasons-to-move-to-sarnia-ontario-affordable-living-outdoor-beauty) Are you considering a move and wondering if Sarnia, Ontario, is right for you? Nestled on the shores of Lake Huron, bordering the USA, Sarnia offers a unique blend of small-town charm and big-city amenities. Here are five compelling reasons why Sarnia might be the perfect place for you to call home, along with tips for homebuyers and sellers, and insights into the Sarnia Lambton real estate market.   1. Amazing Outdoor Experiences Await Sarnia is a vibrant hidden gem for those who love the outdoors. As the largest city on Lake Huron, it’s a terrific option for watersports enthusiasts. Canatara Park: This is the largest park in Sarnia, boasting a sandy shore beach, picnic pavilions, a concert stage, a BMX and bike track, and kilometers of trails. Swimming in Canatara Park is a favorite summer activity. Other Natural Spots: Explore the Pinery Provincial Park, Rock Glen Falls and Grand Bend, all located close to Sarnia. The Wawanosh Wetlands Conservation Area offers scenic strolls around a nature preserve, home to over 220 species of birds, mammals, reptiles, 700 plant species and a lot more. Waterfront Activities: Sarnia is known for the beautiful St. Clair River and Lake Huron. Enjoy boating, fishing, and cruises on the St. Clair River. 2. A Great Place to Raise a Family Finding a family-friendly community with recreation for all ages is essential, and Sarnia delivers. Family-Friendly Community: Sarnia offers several farms, museums, parks, and theatres. Educational Opportunities: The city has excellent public schools providing quality education to students of all ages. Lambton College is a publicly funded college in Sarnia with approximately three and a half thousand full-time students. Museums and Theatres: Explore local history and culture with a visit to one of the area’s unique museums or catch a live performance. Enjoy a captivating concert by the International Symphony Orchestra or a show at the historic Imperial Theatre, a hub for performing arts. 3. Diverse and Welcoming Neighborhoods Whether you’re looking for a family townhome, a chic condo, or a single-family home, Sarnia has a neighborhood to suit your needs. 4. An Affordable and Comfortable Retirement Destination Sarnia is an attractive option for retirees seeking city comforts with a cozy town vibe. Affordable Living: Sarnia has a wide variety of seniors’ condos and apartments that are more affordable than larger cities. Healthcare and Active Lifestyle: The city boasts excellent healthcare and opportunities for an active lifestyle, including riverfront walks, water sports, museums, galleries and entertainment venues. 5. A Thriving and Well-Connected City Sarnia is strategically located at the Canada/US border, making it highly accessible. Location and Accessibility: Sarnia is located along Highway 402, with easy access to other major cities. It is one hour from London, Ontario, three hours from Toronto, Ontario, and approximately 1 hour and 25 minutes from Detroit, Michigan. Economic Opportunities: Sarnia is known as the birthplace of Canada's petrochemical industry. Sarnia’s petrochemical and refining complex includes three refineries and more than 35 interrelated chemical facilities. Tips for Homebuyers and Sellers in Sarnia Lambton For Homebuyers: Understand the Market: Keep an eye on Canada housing trends and how they apply to the Sarnia Lambton real estate market. Explore Neighborhoods: Take the time to visit different neighborhoods in Sarnia to find the right fit for your lifestyle. Consider Future Growth: Sarnia's ranking as one of the best cities to live in Canada has significantly risen, which is a positive sign for the community. For Sellers: Highlight Sarnia’s Appeal: Emphasize the city’s outdoor experiences, family-friendly environment, and affordable living in your listing. Showcase Location Benefits: Mention Sarnia’s proximity to major cities and the U.S. border. Price Competitively: Work with a real estate professional to price your home competitively in the Sarnia Lambton market. Insights into Sarnia Lambton Real Estate Growing Recognition: Sarnia's appeal is increasingly recognized, as evidenced by its rise in "best places to live" rankings. Diverse Opportunities: Whether you're looking for waterfront property, a downtown condo, or a family townhome, Sarnia has it. Community Feel: Sarnia offers a charming and welcoming community feel. Sarnia offers a unique blend of natural beauty, community spirit, and economic opportunity. Whether you're drawn to its outdoor activities, family-friendly environment, or affordable living, Sarnia has something to offer everyone. ### [How to Choose Between Multiple Offers on Your Sarnia Property](https://www.sarniaproperty.com/blog_read/how-to-choose-between-multiple-offers-on-your-sarnia-property) Selling a home is an exciting and sometimes overwhelming process, especially when you receive multiple offers. In the competitive Sarnia real estate market, home sellers often find themselves in a position where several buyers are eager to purchase their property. While having multiple offers is a great problem to have, deciding which one to accept requires careful consideration. If you're selling a home in Sarnia Lambton, here are some expert tips to help you evaluate and choose the best offer for your property. Understanding the Market Conditions Before diving into the specifics of each coffer, it's important to understand the current Ontario real estate market trends. In a seller’s market, where demand outpaces supply, you might receive offers above your listing price. In a balanced or buyer’s market, however, you may need to focus on factors beyond price to secure a solid deal. Key Factors to Consider When Evaluating Offers Not all offers are created equal. Here’s what to look for when reviewing multiple offers on your Sarnia property: 1. Offer Price The most obvious factor is the offer price, but the highest offer isn't always the best. A higher offer with numerous conditions could be riskier than a slightly lower offer with fewer contingencies. 2. Deposit Amount A strong deposit shows a buyer’s commitment and financial capability. A larger deposit generally indicates a serious buyer who is less likely to back out of the deal. 3. Financing Conditions Some homebuyers include a financing condition, meaning their offer depends on securing a mortgage. If the buyer fails to get financing, the deal could fall through. A cash offer or one with pre-approved financing is generally more secure. 4. Home Inspection Condition A home inspection condition allows the buyer to assess the property’s condition before finalizing the purchase. While inspections are standard, an offer that waives this condition may be more attractive to sellers as it reduces the risk of delays or renegotiations. 5. Closing Date Flexibility The closing date can impact your next move. If you need extra time to relocate, an offer with a flexible closing date can be more appealing than one that demands an immediate move. 6. Buyer Intent and Motivation Understanding the buyer’s motivation can also influence your decision. Are they a first-time homebuyer excited to settle in Sarnia Lambton, or an investor looking for a quick flip? A buyer with genuine intent to live in the home might be more reliable. Special Considerations for Multiple Offer Situations When choosing between multiple offers, here are some additional strategies to ensure you make the best decision: 1. Consider a Bidding War Strategy If multiple buyers are highly interested, you can ask for their best and final offers. This strategy may lead to higher offers, better terms, or fewer conditions, giving you more leverage in negotiations. 2. Look at the Contingencies Carefully Some offers may look great on the surface but come with contingencies that can slow down or derail the sale. Fewer contingencies typically mean a smoother transaction. 3. Assess the Buyer's Financial Strength A well-qualified buyer with a mortgage pre-approval or cash in hand is often a safer choice than a buyer who still needs to secure financing. 4. Work with a Real Estate Professional A knowledgeable Sarnia real estate agent, like those at Blue Coast Realty, can help you evaluate offers, negotiate terms, and ensure you make the best decision for your situation. What to Do After Accepting an Offer Once you’ve chosen the best offer, follow these next steps to ensure a smooth closing: Sign the Agreement – Your real estate agent will help finalize the paperwork. Meet Any Agreed-Upon Conditions – Ensure you fulfill any seller obligations outlined in the agreement. Prepare for Closing – Work with your lawyer and real estate agent to handle final details, including the transfer of ownership. Final Thoughts: Making the Right Choice for Your Home Sale Selling a home in Sarnia Lambton can be a rewarding experience, especially when you have multiple offers to choose from. By carefully evaluating the price, conditions, buyer strength, and flexibility, you can select the best offer that aligns with your goals. If you need expert guidance to navigate the Sarnia real estate market, Blue Coast Realty is here to help. Our experienced team can assist you in making the best decision and ensuring a seamless home-selling experience. Contact Blue Coast Realty Today! For personalized advice and expert real estate services, reach out to Blue Coast Realty. Whether you’re buying a home, selling a home, or just exploring the Canada housing market, we’re here to support you every step of the way. ### [A Guide to Downsizing from a House to a Condo in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/a-guide-to-downsizing-from-a-house-to-a-condo-in-sarnia-lambton) As life evolves, so do our housing needs. Many homeowners in Sarnia Lambton find themselves contemplating a move from a larger house to a more manageable condo. Whether you're an empty nester, seeking a simpler lifestyle, or aiming to reduce maintenance responsibilities, downsizing can be a rewarding transition. This guide offers practical insights to help you navigate the process of moving from a house to a condo in Sarnia Lambton.​ Why Consider Downsizing? Downsizing offers numerous benefits:​ Reduced Maintenance: Condos typically require less upkeep than houses, freeing up time and reducing stress.​ Financial Savings: Lower utility bills, property taxes, and maintenance costs can lead to significant savings.​ Enhanced Lifestyle: Many condo communities offer amenities like fitness centers, pools, and social events, promoting an active and social lifestyle.​ Assessing Your Needs and Preferences Before making the move, consider the following: Space Requirements: Evaluate how much space you truly need. Condos are generally smaller than houses, so prioritize essential belongings.​ Location: Determine your preferred area within Sarnia Lambton. Proximity to family, healthcare facilities, shopping centers, and recreational activities can influence your decision.​ Amenities: Identify which amenities are important to you. Some condos offer concierge services, security, and communal spaces.​ Financial Considerations Understanding the financial implications is crucial: Market Analysis: Research the current real estate market in Sarnia Lambton. Understanding property values helps in setting realistic expectations for both selling your home and purchasing a condo.​ Budgeting: Calculate all potential costs, including the condo purchase price, monthly maintenance fees, property taxes, and any special assessments. Ensure these align with your financial goals.​ Equity Utilization: Determine how the equity from selling your home will be used. It can fund the condo purchase, supplement retirement savings, or cover moving expenses.​ Preparing Your Home for Sale To attract potential buyers: Declutter and Depersonalize: Create a neutral environment where buyers can envision themselves. Remove personal items and excess furniture.​ Repairs and Upgrades: Address minor repairs and consider cost-effective upgrades that enhance appeal, such as fresh paint or updated fixtures.​ Staging: Professionally staged homes often sell faster and at higher prices.​ Searching for the Right Condo When exploring condos: Work with a Real Estate Agent: Partnering with a local agent experienced in Sarnia Lambton real estate can streamline the process. They can identify properties that match your criteria and negotiate favorable terms.​ Visit Multiple Properties: Attend open houses and schedule viewings to get a feel for different communities and layouts.​ Review Condo Rules and Fees: Understand the condominium corporation's regulations, restrictions, and fee structures. This ensures compatibility with your lifestyle.​ The Moving Process To ensure a smooth move: Downsize Belongings: Sort through possessions and decide what to keep, donate, or sell. Consider the available space in your new condo.​ Hire Professional Movers: Experienced movers can efficiently handle the logistics, reducing stress.​ Update Address and Utilities: Notify relevant parties of your change of address and arrange for utility transfers or setups.​ Embracing Condo Living Adjusting to a condo lifestyle involves: Community Engagement: Participate in community events and get to know your neighbors. Building relationships enhances your living experience.​ Understanding Responsibilities: Familiarize yourself with the condo board, attend meetings, and stay informed about community decisions.​ Maximizing Amenities: Take advantage of the facilities and services offered to enrich your daily life.​ Downsizing from a house to a condo in Sarnia Lambton is a significant decision that requires careful planning and consideration. By assessing your needs, understanding the financial aspects, and preparing adequately, you can make a smooth transition to a lifestyle that aligns with your current goals.​ If you're considering downsizing and need expert guidance, contact Blue Coast Realty. Our experienced team specializes in Sarnia Lambton real estate and is dedicated to helping homebuyers and sellers navigate the Ontario housing market with confidence ### [March 2025 Market Update Sarnia](https://www.sarniaproperty.com/blog_read/march-2025-market-update-sarnia) As another month passes, it's time for a fresh look at the Sarnia-Lambton real estate market. The March 2025 market update reveals some interesting trends, particularly as Sarnia continues to be influenced by broader economic conditions, given its proximity to the U.S. border. Let’s dive into the numbers, analyze the shifts, and explore opportunities for buyers and sellers in today’s market.   Residential Sales: Stability in Numbers Looking at year-to-date residential sales, there has been a slight increase compared to last year. By the end of March 2025, 354 homes were sold, compared to 351 in the same period in 2024—an increase of just four sales. Similarly, March 2025 saw 132 sales, exactly the same as March 2024. However, what stands out is the sharp increase in active listings. This March, 1,331 homes were on the market, compared to just 1,114 last year, reflecting a notable increase in inventory. This shift impacts market conditions significantly, as we’ll explore further.                                                                                                                                                                                                                                                     Inventory and Market Conditions The months of inventory in the Sarnia-Lambton market now stand at 11 months. To put this into perspective: A seller’s market typically has 0-3 months of inventory. A balanced market falls within 3-6 months of inventory. A buyer’s market exists when inventory surpasses 6 months. With 11 months of inventory, Sarnia-Lambton is now firmly in buyer’s market territory. However, breaking it down by price range tells a different story: Homes under $400,000 have just 2 months of inventory. Homes between $400,000 and $600,000 have 2.3 months of inventory. Homes between $600,000 and $800,000 have 6.5 months of inventory. Homes between $800,000 and $1 million have 9 months of inventory. Luxury homes above $1.3 million have a staggering 25 months of inventory. This uneven distribution of inventory means that lower-priced homes are still selling quickly, while higher-end properties are taking significantly longer to move.     Pricing Trends: A Slight Dip The average sale price for March 2025 stands at $638,000, slightly up from $630,000 last year. However, the average sale price for March alone was $465,000, down 1% from $487,000 in March 2024. Another key indicator, days on market (DOM), has increased. In March 2025, homes took 45 days on average to sell, compared to 34 days last year. This confirms that homes are sitting longer before selling, a classic sign of a shifting market. Seller vs. Buyer Opportunities This market presents opportunities depending on your position: If you’re selling a home under $600,000, conditions are still in your favor. Demand remains strong, and homes are selling quickly with competitive offers. If you’re looking to upgrade to a higher price bracket, now is an excellent time. With increased inventory in the $600,000+ range, buyers have more negotiating power, leading to better deals and favorable terms.                                                                                                                                             The Goldilocks Phenomenon: A Unique Market Moment Market analysts are describing this period as a “Goldilocks” moment—not too hot, not too cold. We’re in a window where interest rates are expected to decrease, providing an opportunity for buyers before demand picks up later in the year. Interest rates saw a drop in March, and projections suggest further reductions ahead. While they may never return to ultra-low pandemic levels, there is a strong possibility of rates settling in the low 3% range, which could spur more buying activity as we move into Q3 of 2025.     Looking Ahead: What to Expect in Q2 and Beyond Uncertainty remains a factor in decision-making, particularly with upcoming federal elections and potential tariff changes. However, many economists predict that by the end of Q2, market activity will accelerate as more clarity emerges. For buyers and sellers alike, staying informed and acting strategically will be key in navigating the shifting Sarnia-Lambton real estate market. If you’re considering making a move, now is the time to assess your options before market conditions evolve. For personalized advice on buying or selling in today’s market, feel free to reach out. Blue Coast Realty is here to help guide you through the opportunities and challenges of 2025’s real estate landscape. ### [How to Price Your Home Right in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/how-to-price-your-home-right-in-sarnia-lambton) Pricing your home correctly is one of the most critical steps in the selling process. At Blue Coast Realty, we use our expertise in the Sarnia Lambton real estate market to determine a competitive and realistic price for your home. But how exactly do we arrive at that price? Let’s take a closer look at the factors that influence home pricing and the strategies we use to ensure you get the best possible value.   The Importance of Proper Pricing Setting the right price for your home is essential for attracting serious homebuyers and ensuring a smooth sale. If a home is priced too high, it may sit on the market for too long, discouraging potential buyers. On the other hand, pricing too low could mean leaving money on the table. Our goal as real estate professionals in Sarnia is to strike the perfect balance between maximizing your return and selling your home within a reasonable timeframe.   Key Factors in Pricing Your Home 1. Market Analysis Before setting a price, we conduct a Comparative Market Analysis (CMA) to assess recent home sales in Sarnia Lambton. This analysis includes: Homes similar in size, style, and condition to yours Recent sales in your neighborhood The price of homes currently on the market Local real estate trends in Ontario and Canada’s housing market By comparing your home to similar properties, we can establish a price that reflects current market conditions. 2. Home Condition and Features The overall condition of your home plays a significant role in determining its price. We assess: The age and upkeep of the home Any upgrades or renovations (e.g., updated kitchen, finished basement) Curb appeal and landscaping Energy efficiency and smart home features Homes that are well-maintained and updated tend to attract more homebuyers and justify a higher asking price. 3. Location and Neighborhood Your home’s location within Sarnia can greatly influence its value. Factors we consider include: Proximity to schools, parks, shopping centers, and public transit The reputation and desirability of the neighborhood Safety and crime rates Future development plans in the area Properties in sought-after locations often sell faster and at higher prices. 4. Current Market Conditions The real estate market is constantly changing. We take into account: Supply and demand in the Sarnia Lambton area Interest rates and mortgage trends in Ontario Seasonal trends (spring and summer are typically busier than winter) The impact of Canada’s overall housing market on local pricing Understanding these factors helps us determine whether it’s a buyer’s or seller’s market and adjust our pricing strategy accordingly. 5. Appraisal Value An official home appraisal provides an unbiased estimate of your home’s worth. While not always required, it can be helpful in validating our pricing strategy and ensuring your home is competitively positioned in the market.   Pricing Strategies We Use 1. Competitive Pricing We set your home’s price based on comparable sales and market demand, ensuring it’s neither too high nor too low. This approach attracts serious buyers and increases the likelihood of multiple offers. 2. Strategic Pricing for Maximum Interest We may recommend pricing slightly below market value to generate interest and create a competitive bidding environment, leading to potentially higher final offers. 3. Value-Based Pricing If your home has unique features—such as waterfront access, a large lot, or luxury upgrades—we take those into account and price accordingly to highlight its added value. 4. Adjusting Price Based on Feedback If your home isn’t receiving offers after being on the market for a while, we analyze buyer feedback and market data to determine if a price adjustment is necessary. At Blue Coast Realty, we take the guesswork out of pricing your home. Our expertise in Sarnia’s real estate market, combined with data-driven pricing strategies, ensures your home is positioned to sell quickly and at the best possible price. If you’re considering selling your home in Sarnia Lambton, trust Blue Coast Realty to guide you through the process. Contact us today for a free home evaluation and expert advice on navigating the Ontario real estate market. Let’s get your home sold for top dollar! ### [Flipping Houses in Sarnia – Is It Worth It?](https://www.sarniaproperty.com/blog_read/flipping-houses-in-sarnia-is-it-worth-it) Flipping houses can be an exciting and profitable real estate investment strategy, but is it worth pursuing in Sarnia, Ontario? With a growing real estate market and increasing interest in homeownership, Sarnia Lambton presents opportunities for those looking to buy, renovate, and sell homes for a profit. In this blog post, we’ll explore the profitability of flipping houses in Sarnia, the risks involved, and the steps to take to maximize your return on investment. Understanding the Sarnia Real Estate Market Sarnia, located in southwestern Ontario, has a stable and growing real estate market. Home prices remain relatively affordable compared to larger cities in Canada, making it an attractive location for homebuyers and investors alike. In recent years, demand for housing in Sarnia Lambton has increased due to factors such as: A strong local economy and job opportunities An appealing lifestyle near Lake Huron Lower home prices compared to other Ontario cities Flipping houses in Sarnia can be a lucrative opportunity, but success depends on market conditions, property selection, and renovation costs. Steps to Successfully Flip a House in Sarnia 1. Research the Market Before investing in a property, it’s crucial to research real estate trends in Sarnia Lambton. Look at: Recent home sales and pricing trends Popular neighborhoods with high demand Types of homes that are selling quickly Understanding these factors will help you choose a property with strong resale potential.   2. Find the Right Property The key to a successful flip is finding a property with potential for value appreciation. Look for homes that: Are priced below market value Need cosmetic or moderate structural renovations Are in desirable locations where homebuyers are looking to move Working with an experienced real estate agent in Sarnia can help you identify the best investment opportunities.   3. Calculate Costs and Budget Wisely Before purchasing a property, it’s important to estimate all costs involved, including: Purchase price Renovation and repair costs Permit fees and inspections Holding costs (mortgage, utilities, taxes) Selling costs (agent commissions, closing fees) A well-planned budget ensures that you maximize your profit and avoid unexpected expenses. 4. Renovate Smartly Renovations can make or break a flip. Focus on cost-effective upgrades that add the most value, such as: Kitchen and bathroom updates Flooring and fresh paint Curb appeal enhancements Energy-efficient upgrades Hiring reliable contractors and ensuring renovations stay on schedule is key to a successful flip. 5. Market and Sell Strategically Once renovations are complete, it’s time to list the home for sale. To attract potential buyers in Sarnia’s competitive real estate market: Stage the home professionally to make it appealing Price it competitively based on comparable sales Work with a knowledgeable real estate agent to market the property effectively A well-marketed property can lead to a faster sale and higher profit margins.   Risks and Challenges of Flipping Homes in Sarnia While flipping houses can be profitable, there are risks involved, including: Unexpected renovation costs that cut into profits Market fluctuations that affect home prices Difficulty selling the home within a desired timeframe To mitigate these risks, thorough research, a solid financial plan, and expert guidance are essential.   Flipping houses in Sarnia can be a profitable venture when done correctly. With affordable property prices, increasing demand in the Canada housing market, and strategic renovations, investors can achieve strong returns. However, success requires careful planning, budgeting, and a deep understanding of the local real estate market. If you’re interested in flipping houses in Sarnia Lambton or need expert advice on buying a home, selling a home, or real estate investments, contact Blue Coast Realty today. Our team of experienced professionals can help you navigate the market and achieve your real estate goals! ### [Dream Home vs. Reality: Prioritize Your Wish List in Sarnia](https://www.sarniaproperty.com/blog_read/dream-home-vs-reality-prioritize-your-wish-list-in-sarnia) Buying a home is an exciting journey, but it also comes with big decisions. Many homebuyers in Sarnia Lambton begin with a vision of their dream home, only to realize that compromises are often necessary. Understanding how to prioritize your wish list will help you find a home that meets your needs while staying within budget. Let’s explore practical tips to balance dreams with reality in the Ontario real estate market.     Understanding Wants vs. Needs in Real Estate Before you start looking at homes, make a list of your must-haves and nice-to-haves. This will help you focus on properties that fit your lifestyle while ensuring you don’t get distracted by unnecessary features. Needs: These are non-negotiable factors that impact your daily life. Examples include: Number of bedrooms and bathrooms Location (proximity to work, schools, or family) Safety and neighborhood quality Budget and affordability Wants: These are features that would be great to have but aren’t essential. Examples include: A swimming pool Granite countertops Finished basement Large backyard     Budget Considerations: Staying Realistic in Sarnia’s Housing Market The Sarnia Lambton real estate market offers a range of housing options, from waterfront properties to suburban homes. Before house hunting, determine a realistic budget by considering: Your current financial situation Mortgage pre-approval Ongoing homeownership costs (property taxes, maintenance, utilities) Ontario’s housing market has seen price fluctuations, making it crucial to work with a real estate expert who understands local trends. A professional agent can help you navigate the complexities of buying a home while staying within your financial comfort zone. Finding the Right Neighborhood Your dream home isn’t just about the house itself—it’s also about where it’s located. Sarnia Lambton has diverse neighborhoods, each offering unique advantages: Bright’s Grove – Ideal for those looking for waterfront views and a peaceful environment. Point Edward – Close to amenities and has a charming, small-town feel. Corunna – A great choice for families looking for a suburban lifestyle with easy access to Sarnia. Downtown Sarnia – Perfect for those who enjoy an urban setting with restaurants, shopping, and entertainment. When choosing a location, consider factors like commute times, school districts, and access to public services. Visiting different neighborhoods at various times of the day can provide insight into traffic patterns and community atmosphere.     The Reality Check: What to Expect in the Ontario and Canada Housing Market The real estate market in Ontario and across Canada has experienced shifts in recent years. Interest rates, demand for homes, and economic factors all impact affordability. Homebuyers in Sarnia should be prepared for: Competitive bidding on desirable properties Market fluctuations that influence pricing Potential need for renovations or updates to fit their budget Being flexible with your wish list and understanding market trends will help you make a confident and informed decision.     Working with a Real Estate Agent: Your Key to Success A professional real estate agent can help you: Identify homes that match your priorities Negotiate the best price Understand market trends in Sarnia Lambton Navigate the paperwork and legal aspects of buying a home Blue Coast Realty’s experienced agents specialize in Sarnia Lambton real estate and are dedicated to helping homebuyers find the perfect property.     Final Thoughts: Making Smart Choices When Buying a Home Finding your dream home in Sarnia requires balancing your ideal vision with practical realities. By prioritizing needs over wants, setting a realistic budget, and working with a knowledgeable real estate agent, you can find a home that meets your lifestyle and financial goals. Are you ready to start your home-buying journey? Contact Blue Coast Realty today for expert guidance on buying or selling a home in Sarnia Lambton! ### [Are Real Estate Fees Tax Deductible? What Ontario Sellers Need to Know](https://www.sarniaproperty.com/blog_read/are-real-estate-fees-tax-deductible-what-ontario-sellers-need-to-know) Selling a home is a big financial decision, and many home sellers in Sarnia Lambton wonder if they can reduce their tax burden by deducting real estate fees. With the Ontario and Canada housing markets fluctuating, understanding tax implications can help sellers make informed decisions. In this guide, we’ll break down what real estate fees are deductible, what expenses you should track, and how to prepare for tax season.   Understanding Real Estate Fees When Selling a Home When you sell a home in Sarnia or anywhere in Ontario, there are several costs involved. These typically include: Real estate commission – Paid to your real estate agent for marketing and selling your home. Legal fees – Covers the cost of hiring a real estate lawyer. Home staging and marketing expenses – Costs for professional staging, photography, and advertising. Mortgage penalties – If you break your mortgage early, you might have to pay a penalty. Moving costs – Expenses for relocating to a new home. While these costs are essential in selling a home, not all of them are tax-deductible.     Can You Deduct Real Estate Fees in Canada? For most home sellers, real estate commissions and legal fees are not tax-deductible as personal expenses. However, there are specific situations where deductions may apply: Selling a Rental Property If you are selling an investment or rental property in Ontario, real estate fees may be considered part of the property’s capital expenses. These expenses can reduce your capital gains tax. Business or Home Office Use If you have used part of your home for business purposes and meet Canada Revenue Agency (CRA) requirements, certain selling expenses may be deductible. Moving for Work If you relocate for employment and your new home is at least 40 km closer to work, some moving costs (not commissions) might be tax-deductible. For accurate tax advice, it’s always best to consult a professional accountant or tax expert.     Capital Gains Tax: What Home Sellers in Ontario Need to Know When selling a home in Canada, you may be subject to capital gains tax if the property is not your principal residence. Here’s what you need to know: Principal residence exemption – If the home you’re selling was your primary residence for every year you owned it, you likely won’t pay capital gains tax. Partial use as a rental – If part of your home was used as a rental or for business, you may owe capital gains tax on that portion. Investment properties – Selling a rental property means you’ll likely have to report and pay tax on any profit. Keeping detailed records of all expenses related to selling a home can help lower your taxable amount when filing with the CRA.     Preparing for Tax Season: Tips for Home Sellers If you’re selling a home in Sarnia Lambton, here are some steps to stay organized for tax season: Keep all receipts – Store records of real estate fees, legal costs, and other selling expenses. Track home improvements – Renovations and upgrades before selling can impact capital gains calculations. Consult a tax professional – Real estate taxes can be complex, and professional guidance ensures compliance with CRA rules. Understand your principal residence status – If you’ve moved frequently or rented out your home, clarify your tax obligations in advance.     Navigating the real estate market in Ontario can be challenging, especially when it comes to understanding costs and tax implications. While real estate fees aren’t always tax-deductible, knowing which expenses apply to your situation can help you maximize your financial return. If you’re thinking about selling a home in Sarnia Lambton, our team at Blue Coast Realty is here to guide you every step of the way. Contact us today for expert real estate advice tailored to your needs! ### [What Happens After You Accept an Offer on Your Sarnia Home](https://www.sarniaproperty.com/blog_read/what-happens-after-you-accept-an-offer-on-your-sarnia-home) Selling a home can be an exciting, yet nerve-wracking process. Whether you're moving for a job, upgrading to a bigger home, or downsizing in Sarnia Lambton, accepting an offer on your home marks the start of the final steps toward closing the deal. But what happens next? In this blog post, we’ll walk you through the process that follows after you’ve accepted an offer, and share some tips for both homebuyers and sellers navigating the Ontario housing market.     The Offer Acceptance Process: What Happens Next? Once you’ve accepted an offer on your Sarnia home, you may think the hard part is over. However, there are several key steps that need to take place before you can officially hand over the keys. Let’s break down the next steps for sellers and what homebuyers can expect too. 1. Offer Review and Confirmation Once you accept the offer, your real estate agent will send the buyer’s agreement to their lawyer and begin the process of ensuring all terms are legally binding. In Ontario, a real estate lawyer will be involved in this process to ensure that everything is in order. 2. Home Inspection Most homebuyers will want to have the property inspected before finalizing the sale. A home inspection is essential in uncovering hidden issues with your property, such as plumbing problems, electrical issues, or structural damage. As a seller, it's a good idea to make sure your home is in good condition before listing it, but be prepared for the buyer’s inspector to identify issues that may require negotiation or repairs. 3. Appraisal In many cases, the buyer will have their mortgage lender arrange for a property appraisal. The purpose of the appraisal is to ensure that the home is worth the amount the buyer is paying. If the appraiser determines the home’s value is lower than the agreed-upon price, the buyer may need to adjust their offer or secure additional financing. Sellers should be prepared for this possibility and discuss any potential adjustments with their real estate agent. 4. Title Search and Closing Arrangements Once the buyer is satisfied with the inspection and appraisal, their lawyer will conduct a title search to confirm that the property’s legal title is clear of any liens, debts, or disputes. This step is vital to ensure that the buyer can take full ownership of the home once the deal is closed. Additionally, you’ll need to arrange for a closing date with the buyer, which is typically 30 to 60 days after the offer is accepted. 5. Closing Day On the closing day, the buyer’s mortgage lender will transfer the funds to the seller, and the ownership of the property will officially change hands. As a seller, you will need to ensure that the home is empty, clean, and ready for the new owners. Once everything is signed and the transaction is complete, you can hand over the keys, and the sale is final.     Tips for Homebuyers in Sarnia Lambton While this blog primarily focuses on what happens after accepting an offer, it’s also useful for homebuyers to understand the process in the Sarnia Lambton area. Here are a few tips to help you navigate the home buying process smoothly: 1. Get Pre-Approved for a Mortgage Before you start shopping for homes in Sarnia, it’s essential to get pre-approved for a mortgage. This will give you a clear understanding of how much you can afford, and show sellers that you are serious about buying. 2. Work with a Real Estate Agent A professional real estate agent who knows the Sarnia Lambton area will be invaluable in helping you find the perfect home. They’ll also guide you through the entire process, from making an offer to closing the deal. 3. Be Prepared for Negotiations In the Ontario real estate market, negotiations are common. Don’t be afraid to make an offer that’s below the asking price, especially if you feel the home is overpriced. Your agent will help you craft a competitive offer. 4. Get a Home Inspection Always insist on a home inspection. Even if the home looks perfect at first glance, there could be hidden problems that could cost you big down the road. A good home inspection can save you thousands in repairs. 5. Consider Future Resale Value When buying a home, it’s important to think long-term. What is the resale potential of the property? Will the neighborhood appreciate in value? Thinking ahead can help you make a smart investment. Tips for Home Sellers in Sarnia Lambton If you’re selling your home in Sarnia, it’s important to be proactive throughout the process. Here are some helpful tips: 1. Stage Your Home for Success Staging your home can make a significant difference in attracting buyers. Clean, declutter, and make necessary repairs. A well-presented home will give buyers the impression that it’s well-cared for and worth the asking price. 2. Set a Competitive Price The Ontario housing market can fluctuate, but pricing your home correctly is crucial. Work with your real estate agent to set a price that reflects the value of your home and is competitive within the current market. 3. Be Flexible with Showings The more available you are for showings, the higher the chances that buyers will see your home. Be prepared for last-minute showings and be flexible with times, as this can help sell your home faster. 4. Review Offers Carefully When you receive multiple offers, it’s important to review each one carefully. While price is important, consider other factors like contingencies, closing dates, and the buyer’s ability to secure financing. Your real estate agent will help you navigate these decisions.     Whether you're selling a home in Sarnia or buying your dream house in Ontario, having the right team on your side can make all the difference. At Blue Coast Realty, we’re experts in the Sarnia Lambton real estate market and are here to guide you through every step of the process. Contact us today for personalized advice and professional assistance. Let us help you navigate the Ontario housing market with confidence! ### [How AI Is Transforming Real Estate for Sellers in Sarnia | Blue Coast Realty](https://www.sarniaproperty.com/blog_read/how-ai-is-transforming-real-estate-for-sellers-in-sarnia-blue-coast-realty) In today’s fast-changing world, technology is transforming many industries—and real estate is no exception. For homeowners looking to sell, Artificial Intelligence (AI) is quickly becoming a game-changer. In places like Sarnia and across the Sarnia Lambton region, real estate professionals are using AI tools to help sellers make smarter decisions, attract serious homebuyers, and close deals faster. If you're thinking about selling a home in Ontario or want to understand what’s happening in the Canada housing market, keep reading to learn how AI can make the process smoother and more profitable for you.     What is AI and How Is It Used in Real Estate? AI, or Artificial Intelligence, refers to machines or software that can perform tasks that normally require human intelligence. In the world of real estate, AI can analyze large amounts of data, predict market trends, and even communicate with buyers. For home sellers, this means more accurate pricing, better marketing, and a competitive edge in the market. Smarter Pricing Strategies One of the biggest challenges when selling a home is deciding on the right price. Set it too high, and you might scare away buyers. Set it too low, and you could lose out on thousands of dollars. AI can analyze market data from Sarnia, Sarnia Lambton, and even all of Ontario to recommend a price that reflects current trends. It looks at things like: Recent sales in your neighbourhood Home size and features Buyer demand Economic factors in the Canada housing market This means you don’t have to guess. With AI tools, your pricing strategy becomes data-driven and smart.     Better Marketing to Attract Homebuyers Getting your listing in front of the right people is key. AI helps by: Targeting online ads to serious homebuyers in Sarnia and beyond Creating virtual tours using smart camera technology Writing property descriptions that attract attention AI can even track which listings are getting the most clicks and adjust your marketing in real time. That means your home can stand out in a crowded real estate market.     Faster and Easier Communication AI-powered chatbots and apps are changing the way buyers and sellers communicate. These tools can: Answer questions about a home 24/7 Schedule showings Provide updates on market interest This is especially helpful if you're juggling work, family, and the stress of buying a home or selling a home. It saves time and keeps things moving smoothly.     Predicting Market Trends in Ontario and Canada One of the most powerful uses of AI is in predicting what’s coming next. By scanning thousands of news articles, economic reports, and real estate listings, AI can forecast: Where home prices are headed in Sarnia Lambton When the best time to sell might be What buyers are looking for in today’s market This is incredibly valuable for homeowners in Ontario trying to decide when to list. In the current Canada housing market, having this kind of insight can mean the difference between a quick sale and a long wait.     What This Means for You as a Seller If you’re planning on selling a home in Sarnia Lambton, embracing AI tools can help you: Sell faster Get more for your home Reach more potential homebuyers Make smarter choices throughout the process You don’t need to be a tech expert to take advantage of these tools. A knowledgeable real estate agent who understands both AI and the local Sarnia market can guide you every step of the way.     The Future of Real Estate in Ontario Across Ontario and Canada, AI is expected to become an even bigger part of real estate. From digital contracts to AI-generated floor plans, technology will continue to make buying a home and selling a home easier, faster, and more efficient. At Blue Coast Realty, we believe in using the latest technology to help our clients succeed. That includes AI-powered tools, local market knowledge, and personalized service. Ready to Sell Smarter? The world of real estate is changing—and you don’t have to navigate it alone. Whether you're in Sarnia, Sarnia Lambton, or anywhere in Ontario, the team at Blue Coast Realty is here to help. We combine smart technology with deep local knowledge to help you sell with confidence. Contact us today to find out how we can make your selling experience easier and more rewarding. ### [Selling an Inherited Property: A Guide for Families in Sarnia](https://www.sarniaproperty.com/blog_read/selling-an-inherited-property-a-guide-for-families-in-sarnia) Inheriting a home can be both a gift and a challenge. For families in Sarnia and the Sarnia Lambton region, deciding what to do with an inherited property often brings up big questions. Should you keep it, rent it, or sell it? If you're thinking about selling a home that you’ve inherited, this guide offers simple, helpful tips to make the process smoother. Whether you're local or handling things from afar, understanding your options is key.     Why Sell an Inherited Property? There are many reasons people in Sarnia Lambton choose to sell an inherited home. Some common reasons include: You already have a home and don’t need a second one. The property needs too much work. You're sharing the inheritance with siblings or relatives. You want to avoid the costs of property taxes, insurance, and maintenance. Selling can free up money for your family, and in some cases, help avoid future stress or disagreements.   Step 1: Understand the Legal Side Before you list the home, you’ll need to handle a few legal details: Probate: This is the legal process that confirms the will and gives you the right to sell the home. In Ontario, this can take a few weeks to a few months. Title Transfer: Once probate is complete, the home’s title must be officially transferred to the new owner(s). Taxes: There may be taxes owing when you sell, especially if the home’s value has increased. Tip: It’s smart to talk to a lawyer or tax advisor who understands real estate in Ontario.   Step 2: Get the Property Ready Once the paperwork is sorted, it’s time to prepare the home for sale. Here are a few tips to help: Declutter and Clean: Remove personal items, clean each room, and consider a fresh coat of paint. Repair and Refresh: Fix anything broken, update outdated features if you can, and boost curb appeal with some landscaping. Stage the Home: Staging helps homebuyers see the full potential of the space. A well-prepared home can sell faster and often at a higher price.   Step 3: Price It Right Pricing an inherited property correctly is very important. Overpricing can scare buyers away. Underpricing may cost you money. A local real estate agent who knows the Sarnia and Sarnia Lambton market can provide a Comparative Market Analysis (CMA). This compares your home to similar ones recently sold in the area. With the Canada housing market always changing, expert guidance helps you make the best choice.   Step 4: Market the Home To attract serious homebuyers, the home needs to be seen by as many people as possible. Here’s how agents help: Listing on MLS and real estate websites High-quality photos and virtual tours Social media promotion Open houses and private showings Agents also screen buyers and help negotiate the best price and conditions.   Step 5: Close the Sale Once you’ve accepted an offer, your agent will guide you through the closing process. This includes: Home inspections Final paperwork Coordinating with lawyers and buyers When everything is complete, the home is officially sold—and you can move forward with peace of mind.   Tips for a Smooth Process Talk to your family early: Make sure everyone agrees on what to do. Work with local experts: Professionals who know the Sarnia real estate market can save you time and stress. Stay organized: Keep track of all documents and deadlines. At Blue Coast Realty, we understand that selling a home—especially one you’ve inherited—isn’t just a business transaction. It’s personal. Our team is proud to serve Sarnia Lambton with care, experience, and local knowledge. Whether you’re buying a home, selling, or managing an inheritance, we’re here to help every step of the way. ### [Selling Your First Investment Property: Advice from your Local Expert](https://www.sarniaproperty.com/blog_read/selling-your-first-investment-property-advice-from-your-local-expert) Thinking about selling your first investment property in Sarnia or the Sarnia Lambton area? Whether you've been renting it out for a few years or bought it as a flip, selling an investment home is a big decision. At Blue Coast Realty, we know the local real estate market and are here to make sure you get the most value—with the least stress.   Why Sell an Investment Property? There are a few reasons people in Ontario decide to sell their investment property: You’re ready to cash in on market gains The property needs more repairs than you want to handle You want to reinvest in a different property or market You’re ready to focus on other goals, like buying a home for yourself Whatever your reason, it’s important to go in with a plan—and a local expert by your side.   Step #1: Know the Sarnia Lambton Market Before you list your property, take time to understand current market conditions. Is it a buyer’s market or a seller’s market? Are prices rising, or staying steady? The Sarnia real estate market can shift quickly. Keeping an eye on Canada housing trends and speaking with a local REALTOR® helps you time your sale right.   Step #2: Review Your Finances and Tax Situation Selling an investment property comes with financial details to think about: Capital Gains Tax: In Canada, if the property value has gone up, you may owe tax on part of the profit. Mortgage Penalties: If you sell before your mortgage term ends, there may be a fee. Selling Costs: This includes real estate commissions, legal fees, and staging or repair costs. A local real estate agent can connect you with tax advisors or mortgage experts in the Sarnia Lambton area to help you prepare.   Step #3: Make the Property Shine Even if it's a rental or flip, the condition of the home still matters to homebuyers. A few small updates can make a big difference: Paint and patch walls Fix any leaks or broken fixtures Clean thoroughly, inside and out Stage rooms to help buyers picture themselves living there Properties in better shape sell faster and often at a higher price.   Step #4: Price It Right from the Start This is one of the most important steps in selling a home. Overpricing can scare buyers away. Underpricing may leave money on the table. At Blue Coast Realty, we provide a Comparative Market Analysis (CMA). This shows you what similar properties in Sarnia and Sarnia Lambton have sold for recently, helping you set a smart price.   Step #5: Market Like a Pro You want your listing to stand out. That means: High-quality photos and videos A clear, detailed listing description Sharing on MLS, social media, and real estate websites Targeting both local buyers and investors from across Ontario and Canada We know how to make your property shine online and offline, using strategies tailored to the Sarnia real estate market.   Step #6: Work With a Local Expert This is your first time selling an investment property—it’s okay to ask for help. A local realtor knows: The value of homes in your neighbourhood What buyers are looking for in Ontario homes How to negotiate with investors and homebuyers How to guide you through paperwork and deadlines   At Blue Coast Realty, we don’t just list homes—we walk you through the whole process, start to finish. Thinking About Selling? Selling your first investment property is a big move, but you don’t have to do it alone. The right team makes all the difference. For expert guidance, pricing advice, and personalized support, get in touch with the team at Blue Coast Realty—your go-to real estate professionals in Sarnia Lambton. Let us help you make your next real estate move your best one yet. ### [Selling Luxury Homes in Sarnia | Blue Coast Realty](https://www.sarniaproperty.com/blog_read/selling-luxury-homes-in-sarnia-blue-coast-realty) If you're thinking about selling a home in Sarnia Lambton—especially a luxury one—you may be wondering what makes high-end real estate stand out. From waterfront views to custom finishes, luxury homes offer something special. But how do you market these homes to attract the right homebuyers? At Blue Coast Realty, we know what it takes to help you succeed in the local real estate market. Whether you're selling a dream home or buying a home in the Sarnia area, we’re here to help you every step of the way. Let’s take a closer look at what makes luxury homes unique in Sarnia and how to sell them effectively.   What Is a Luxury Home? Luxury homes aren’t just large houses—they offer a lifestyle. In Sarnia Lambton, luxury homes often include: Waterfront views of Lake Huron or the St. Clair River High-end finishes like granite countertops and hardwood floors Smart home technology and energy-efficient features Private outdoor spaces like pools, decks, or landscaped gardens Large lots or custom-built designs These homes appeal to buyers looking for comfort, privacy, and style.   Why Sarnia Is a Great Place for Luxury Real Estate Sarnia is known for its natural beauty, relaxed lifestyle, and strong sense of community. It’s no surprise that more people are interested in buying a home in this area, especially those looking for something extra special. Here’s why Sarnia Lambton stands out in the Ontario and Canada housing markets: Location: Close to the U.S. border, with easy access to Toronto and London Waterfront: Stunning lake and riverfront properties Affordability: Compared to other luxury markets in Ontario, Sarnia offers great value Lifestyle: A mix of nature, culture, and small-town charm   Tips for Selling a Luxury Home in Sarnia Lambton Selling a high-end home takes more than just listing it online. Here are a few expert tips: 1. Highlight Unique Features Make sure your listing shows off the things that make your home stand out—like views, design, or upgrades. Professional photos and videos are a must. 2. Set the Right Price Luxury homes don’t always follow the same pricing rules as other properties. Work with a local real estate agent who understands the Sarnia market to price it properly. 3. Market to the Right Buyers Not every buyer is looking for a luxury property. Use targeted marketing to reach people who are ready to invest in a high-end lifestyle. 4. Stage for Success Even beautiful homes can benefit from home staging. It helps buyers imagine living there and makes your home feel more welcoming. 5. Be Patient and Strategic Luxury homes often take longer to sell. With the right marketing plan and expert advice, you can find the perfect buyer.   What Buyers Are Looking For in Today’s Market In today’s Canada housing market, buyers—especially those looking for luxury—want more than just space. They want comfort, convenience, and quality. This includes: Energy-efficient systems to lower utility bills Home offices and flexible living spaces Outdoor living areas and privacy Smart technology for added comfort and security These trends are shaping how people look at buying a home in Ontario, especially in beautiful areas like Sarnia.   Why Work with Blue Coast Realty? At Blue Coast Realty, we’re experts in the Sarnia Lambton market. Whether you’re selling a home or looking to invest in high-end real estate, our team has the local knowledge and tools to get the job done. We offer: Custom marketing plans for luxury listings Expert home valuation A strong network of qualified buyers Support from listing to closing   Ready to Sell Your Luxury Home? If you're thinking about selling your high-end home in Sarnia or anywhere in Sarnia Lambton, now is a great time. The market is active, and buyers are looking for unique, well-kept properties. Contact Blue Coast Realty today to get a free home evaluation and expert advice on how to sell your luxury property. Let us help you get the best value and find the right buyer. ### [What to Do If Your Home Isn’t Selling Quickly in Sarnia](https://www.sarniaproperty.com/blog_read/what-to-do-if-your-home-isnt-selling-quickly-in-sarnia) Selling a home in Sarnia can be exciting—but if it’s been on the market for a while with little interest, it might be time to take a closer look at your strategy. At Blue Coast Realty, we help homeowners across Sarnia Lambton understand why their homes may not be selling and what they can do to attract the right buyers. Here are the top things to check and improve when your home isn’t moving as quickly as expected.   1. Revisit Your Asking Price Price is often the biggest reason a home doesn’t sell quickly. If your home is listed higher than similar homes in the area, it may push away potential homebuyers. Tip: Compare your home to recent sales in Sarnia, and ask a local real estate expert for a market analysis. Adjusting your price can open up interest from a new group of buyers.   2. Boost Curb Appeal Buyers often make their first decision from the curb. Small improvements like painting the front door, trimming the yard, or updating outdoor lighting can make a big difference. In Sarnia Lambton, where homes often feature beautiful outdoor spaces, curb appeal really matters.   3. Make Simple Repairs and Updates If there are visible issues—like chipped paint, broken tiles, or dated finishes—buyers may assume the home hasn’t been well maintained. Today’s Canada housing market leans toward move-in-ready homes. Quick Fixes: Touch up paint Fix leaky faucets Replace old fixtures Refresh flooring, if needed 4. Improve Your Online Listing Most buyers in Ontario begin their home search online. If your listing photos aren’t appealing or your description lacks detail, it may not get enough clicks. Tip: Use high-quality photos and highlight your home’s best features, like natural light, open layout, or great location in Sarnia.   5. Stage for Success Staging helps buyers picture themselves living in the space. Declutter, depersonalize, and arrange furniture to make rooms feel bigger and brighter. A well-staged home stands out in the competitive Sarnia real estate market.   6. Expand Your Marketing If you’re not reaching enough buyers, it could be a marketing issue. Your real estate agent should be promoting your home across platforms—social media, online listings, open houses, and more. Blue Coast Realty uses targeted strategies to help your listing reach the right homebuyers.   7. Listen to Buyer Feedback After showings, agents may share feedback. Pay attention to repeated comments—buyers are telling you what’s keeping them from making an offer. Sometimes, simple changes can solve the issue and get your home sold faster.   8. Understand Market Conditions Sometimes the issue isn’t your home—it’s the market. Across Ontario and Canada, the housing market is constantly shifting. Higher interest rates or increased inventory can slow down sales. Having a local expert from Sarnia Lambton helps you stay informed and make smart choices based on the latest market trends. Don’t Give Up—Get Expert Help If your home hasn’t sold yet, don’t worry. With the right adjustments and expert advice, you can get back on track.   At Blue Coast Realty, we know the Sarnia market—and we know how to get results. Whether you're buying a home, selling a home, or just need a second opinion, our friendly team is ready to help. Contact Blue Coast Realty today for a personalized strategy to sell your home quickly and for the best price. ### [Essential Paperwork for Selling Your Home in Sarnia](https://www.sarniaproperty.com/blog_read/essential-paperwork-for-selling-your-home-in-sarnia) Selling a home in Sarnia can be an exciting time, but it also comes with a lot of steps—and a lot of paperwork. Whether you're upgrading, downsizing, or moving to a new city, knowing what documents you need is key to making the process smooth and stress-free. At Blue Coast Realty, we’re here to help you every step of the way. In this post, we’ll walk you through the essential paperwork needed when selling your home in Sarnia Lambton, and we’ll also share insights into the Ontario and Canada housing markets to help you make informed decisions.   Why Paperwork Matters When Selling a Home Before your house goes up for sale, and especially before the keys are handed over to the new owner, you’ll need to gather and complete a range of legal and financial documents. Having your paperwork ready can help prevent delays and give buyers more confidence in your listing. When you're selling a home, especially in the Sarnia area, paperwork helps answer important questions like: Who owns the property? What’s included in the sale? Are there any legal or financial issues attached to the property?   Let’s look at the most important documents you’ll need. Key Paperwork Needed to Sell a Home in Sarnia 1. Property Title or Deed This is one of the most important documents. It shows that you legally own the home and have the right to sell it. If you can’t find your original title, don’t worry—your lawyer or real estate agent can help you get a copy from the Ontario Land Registry Office.   2. Mortgage Information If your home still has a mortgage, you’ll need to provide details like: The lender's name Your mortgage account number The remaining balance This helps determine how much of the sale will go toward paying off your loan.   3. Property Survey A survey shows the boundaries of your property and where things like fences, driveways, and buildings sit. It’s not always required, but many homebuyers in Sarnia Lambton like to see it before making an offer.   4. Property Tax Documents Buyers will want to see the most recent tax bills to understand the yearly property tax costs. It also helps confirm that all taxes are paid up to date.   5. Utility Bills and Service Agreements Providing recent bills for water, gas, and electricity can help buyers budget for their new home. If your home is part of a homeowners' association or has a rental item like a water heater, include those agreements too.   6. Home Inspection Report (If You Have One) If you had a home inspection done recently, sharing the report can help build trust with buyers. It gives them a clear picture of the home’s condition.   7. Seller Property Information Statement (SPIS) This optional document can be filled out with help from your real estate agent. It shares details about the home’s history, including any past damage, renovations, or known issues. It’s a way to show transparency and avoid future disputes.   8. Agreement of Purchase and Sale This is the legal contract between you and the buyer. It includes the sale price, closing date, and any conditions (like home inspections or financing). Your real estate agent or lawyer will prepare this document for you. Local Tips for Sarnia Home Sellers If you’re selling in Sarnia Lambton, there are a few local factors to keep in mind: Market conditions in Sarnia are currently steady, with demand from both local buyers and newcomers to the area. Canada housing trends show rising interest in smaller cities like Sarnia, especially as remote work becomes more common. Homes that are “move-in ready” with updated paperwork often sell faster and closer to the asking price. Keeping all your documents organized and available can help your home stand out in the market.   How a Real Estate Agent Can Help Working with a trusted real estate brokerage like Blue Coast Realty can take a lot of the stress out of the paperwork process. Our agents: Help gather and review documents Explain everything in plain language Make sure your sale follows Ontario laws Help you avoid costly mistakes We also know the Sarnia market inside and out. Whether you're buying a home after selling or just looking to downsize, we’re here to support you.   What Happens After You Sell? Once you’ve accepted an offer and signed the Agreement of Purchase and Sale, here’s what comes next: Your lawyer will handle the transfer of ownership. Any mortgage you have will be paid off using the money from the sale. You’ll hand over keys to the buyer on closing day. You get your proceeds from the sale—congratulations! Just remember: closing can take a few weeks, and having your paperwork ready makes everything go faster.   Ready to Sell? Contact Blue Coast Realty Today! Selling a home involves more than just putting up a "For Sale" sign—it means being organized, informed, and ready to act. At Blue Coast Realty, our expert team is here to guide you through the paperwork, help you understand your options, and get the best possible results in the Sarnia Lambton market. ### [Can You Sell a Home with a Mortgage in Sarnia? ](https://www.sarniaproperty.com/blog_read/can-you-sell-a-home-with-a-mortgage-in-sarnia) If you own a home in Sarnia or Sarnia Lambton and still have a mortgage, you might be wondering: Can I sell my home before it's fully paid off? The short answer is yes. Many homeowners in Ontario, and across Canada, sell their homes while still paying a mortgage. It's a common part of the real estate process. In this blog post, we'll break down how it works, what to consider, and how Blue Coast Realty can help you navigate the process.   Understanding Your Mortgage Before selling a home, it's important to understand your mortgage. A mortgage is a loan you get from a lender to help pay for your home. Most homeowners in Sarnia have a mortgage that lasts anywhere from 15 to 30 years. Even if you're only a few years into your mortgage, you can still sell your home. But there are a few key things to look into first: Mortgage balance: How much do you still owe? Mortgage type: Do you have a fixed or variable rate? Prepayment penalties: Will your lender charge a fee for paying off your mortgage early? Yes, You Can Sell with a Mortgage Selling a home in Sarnia while you still have a mortgage is not unusual. In fact, it's a common situation in the real estate market. Whether you're upsizing, downsizing, or relocating, you have options. When you sell, the money from the sale is used to pay off the rest of your mortgage. Any remaining money becomes your profit, which you can use as a down payment on your next home. Here’s how the basic process works: List your home: Work with a real estate agent in Sarnia who understands the market. Find a buyer: Once an offer is accepted, the sale process begins. Pay off the mortgage: Your lawyer will use the money from the buyer to pay your lender. Receive remaining funds: Anything left after paying the mortgage and fees is yours.   What Are Prepayment Penalties? In Ontario, many lenders include prepayment penalties if you pay off your mortgage early. This can be an important cost to consider when selling a home. The penalty depends on your mortgage terms, but it's usually one of the following: Three months of interest Interest rate differential (IRD), which applies more often to fixed-rate mortgages Before you list your home, ask your lender what your penalty would be. This can help you understand how much profit you might make from the sale.   Can I Transfer My Mortgage? Some homeowners in Sarnia Lambton may be able to port their mortgage. This means you take your current mortgage to your next home. It's a great option if: You like your current interest rate You have time left on your mortgage term Your new home is of similar value Talk to your lender or a mortgage broker about whether this is possible.   Tips for Selling Your Home While in Mortgage 1. Know Your Home's Value A local real estate agent can help you understand what your home is worth in today’s market. This is especially important in Sarnia, where the real estate market can change from season to season. 2. Calculate Your Net Proceeds Figure out how much you'll walk away with after the sale. Subtract the following from your expected sale price: Mortgage balance Realtor fees Lawyer fees Prepayment penalties 3. Work with a Local Expert Sarnia Lambton has its own unique real estate trends. A real estate agent who knows the area, like the team at Blue Coast Realty, can guide you through the process smoothly. Why Sarnia is a Great Place for Homebuyers Many people are buying a home in Sarnia because of its beautiful location, friendly communities, and more affordable prices compared to larger cities in Ontario. If you're selling your home while still in a mortgage, you might even be looking to buy again in the same area. With growing interest in Canada housing, Sarnia Lambton is becoming a hot spot for both first-time buyers and those looking to relocate within Ontario.   Is selling with a mortgage different in Sarnia? Not really, but local market conditions matter. That’s why it's smart to work with real estate professionals who know Sarnia Lambton. Selling a home while you still have a mortgage doesn't have to be stressful. At Blue Coast Realty, we help homeowners in Sarnia and Sarnia Lambton every day with buying a home, selling a home, and navigating all the steps in between. Ready to take the next step? Contact us today for a free home evaluation and expert real estate advice. Whether you're moving within Ontario or making a bigger change, we're here to help. Blue Coast Realty – Your Local Experts in Sarnia Real Estate. ### [Sarnia-Lambton Real Estate Market Update – April 2025](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-april-2025) Sarnia-Lambton Real Estate Market Update – April 2025   It’s that time again — time to dive into the latest real estate stats for Sarnia-Lambton. As we roll into May, here’s a breakdown of what happened in the market through April, what it means for buyers and sellers, and what trends are starting to take shape.     ___________________________________________________________________________   Overall Market Snapshot   The Sarnia-Lambton real estate market is holding steady with a balanced overall trend.   Year-to-date home sales: 452 (vs. 456 in 2024) April sales: 157 homes (just 1 fewer than April 2024) Current active listings (residential only): 496 Months of Inventory: 3.15(0–3 months = seller’s market, 3–6 = balanced, 6+ = buyer’s market)   Bottom line: We’re sitting right in that balanced market range, though it varies significantly by price range.   ___________________________________________________________________________   Which Price Points Are Moving?   Let’s break it down by price range:   Price Range Active Listings Sales (Last Month) MOI % Sold $0–400K 116 41 2.8 35% $400K–600K 151 65 2.3 43% 🔥 $600K–800K 97 29 3.3 30% $800K–1M 78 16 4.8 20% $1M–1.3M 38 6 6.3 15% $1.3M+ 33 6 5.5 1.8%   What’s Hot? The $400K–600K range is the most active, with nearly half of homes selling. Entry-level homes under $600K are also performing well.   What’s Slower? Properties over $800K are seeing longer listing times, more competition, and lower absorption rates.   ___________________________________________________________________________   Key Market Metrics   Average list price: $594,000 (vs. $595,000 last year) Average sale price: $513,000 (↑ $8,000 from last year) Days on Market (DOM): 36 (vs. 35 in 2024) List-to-sale price ratio: 98.1% (vs. 98.6% last year) Total sales volume: $87.2 million (vs. $86.9 million in 2024)   👉 The market is flat but stable — a sign of healthy balance, especially compared to more volatile regions across Canada.   ___________________________________________________________________________   Rising Expired Listings   One interesting data point:   50 listings expired in April 2025, compared to just 29 last year.   This may suggest some sellers are overpricing or waiting for better conditions — something to watch if you’re thinking of listing.   ___________________________________________________________________________   Market Trends & Predictions   Flat Market = Opportunity   Slight growth (about 1–1.2%) in prices year-over-year. Sellers in the under $600K range are in a great position — strong demand and quick turnaround. Buyers moving up into higher brackets can often negotiate more favorable terms (conditions, price, extras).     Spring Market Delay   A late spring surge may be coming. Harsh winter weather and global uncertainty slowed things down, but activity is starting to pick up.   ___________________________________________________________________________   Interest Rate & Policy Watch   Bank of Canada held the overnight rate steady at 2.75% in April. Mortgage rates are hovering between 3.75%–4.25%, depending on terms. Rate stability may give buyers more confidence going into summer.   Federal Housing Initiatives   The re-elected federal government has proposed some housing-focused changes:   PST Rebate on New Homes: Only GST (5%) may apply up to $1M — could save buyers up to $60,000. Mass Government-Built Housing: A throwback to post-WWII style builds like the “Tree Streets” — remains to be seen how (or if) this will be rolled out.   ___________________________________________________________________________   One Last Note: That Winter!   It’s been one of the snowiest winters in the past decade. That may have impacted early-year listings and showings, but as we thaw out, expect a more active market.   What Do You Think?   Is the balanced market good news for buyers and sellers? Do you think interest rates will change in the next BoC announcement on June 4th? Will the federal government’s housing initiatives make a real impact?     Let’s chat! Drop your thoughts in the comments or reach out directly if you’re thinking about buying, selling, or just curious about your home’s value. Sean Ryan📍 Blue Coast Realty, Sarnia-LambtonHelping you navigate the market with confidence.       ### [The Right Way to Sell a Home with Tenants (Ontario Real Estate Tips)](https://www.sarniaproperty.com/blog_read/the-right-way-to-sell-a-home-with-tenants-ontario-real-estate-tips) How to Sell a Home with Tenants in Sarnia   Selling a home with tenants can be more complex than selling a vacant home, but with the right strategy, it can be successful and smooth. In Sarnia and across Ontario, many property owners find themselves needing to sell a property that still has renters living in it. Whether you’re an investor cashing out or a landlord moving on, this guide will help you navigate the process.   Firstly, Know the Legal Rules in Ontario   One of the most important things to understand before selling a home with tenants is the law. In Ontario, tenants are protected under the Residential Tenancies Act. This means that just because you're selling, it doesn't automatically give you the right to ask tenants to leave. If the buyer wants to live in the home, you can provide 60 days’ notice, but only after the home has sold and the new owner officially requests possession for personal use. The buyer must also plan to live in the home themselves or have a close family member move in. If the buyer is another investor or landlord, your tenants may be able to stay, and the lease agreement would transfer to the new owner.     Tip #1: Communicate Early and Respectfully   Open and honest communication with your tenants is key. As soon as you decide to list your home for sale, talk to them. Let them know what your plans are, and reassure them that their rights will be respected. Tenants who feel informed are more likely to be cooperative when it comes to scheduling showings and inspections. If they feel ignored or caught off guard, it can lead to tension.   Tip #2: Offer Flexibility and Incentives   To make the process smoother, consider offering some form of incentive. This might include a rent discount during the sale period, gift cards, or help with moving costs if they choose to leave. These goodwill gestures can lead to more flexibility during showings and better upkeep of the home while it's on the market. Being flexible with showings and giving your tenants at least 24 hours' notice (as required by Ontario law) will help keep the relationship positive. Cooperating tenants can help make your home more appealing to potential homebuyers. Prepare the Property for Sale Even with tenants living in the home, it should still be presented in the best light possible. Work with your tenants to declutter, clean, and make minor improvements if necessary. Your real estate agent can help guide this process to make sure the home is show-ready. In a competitive market like Sarnia Lambton, presentation matters. Buyers want to imagine themselves living in the space, so a tidy, well-maintained home will leave a better impression.   Work with an Experienced Sarnia Real Estate Agent   Selling a home with tenants isn't just about legality and communication—it's also about understanding the local real estate market. The team at Blue Coast Realty knows the Sarnia Lambton real estate landscape and can help position your home for a successful sale. Our agents can help you decide whether to market your home to investors looking for rental properties or to homebuyers who want to live in the property. Each audience requires a different approach.   Pricing Your Property Right   The Sarnia housing market has remained strong, and knowing the right price is key. Overpricing can scare off potential buyers, especially if tenants are still in the home. A well-priced home in Sarnia will attract serious buyers, including those looking to invest in rental properties. Using insights from the broader Ontario and Canada housing markets, Blue Coast Realty will create a pricing strategy that aligns with current trends and buyer expectations.   Understand the Buyer’s Perspective   Many homebuyers in Sarnia are families or retirees looking for a place to live. For these buyers, the idea of buying a home with tenants might be a downside. However, some buyers—especially investors—may see a tenanted property as a benefit. They can start earning rental income right away without needing to find tenants themselves. Understanding your buyer's goals will help you and your agent market the property more effectively.   Navigating Showings and Inspections   Scheduling showings can be tricky when tenants are involved, but it’s not impossible. Give plenty of notice, work around your tenants' schedules, and try to limit the number of showings per week to avoid disruption. For inspections and appraisals, be sure to provide your tenants with all required notice and keep them informed throughout the process. Respecting their time and space will lead to better cooperation.   Should You Wait for the Lease to End?   In some situations, you might consider waiting until the lease ends to list the property. If you think selling a vacant home would bring a better price or appeal to more homebuyers, it might be worth it. However, with the current strength of the Sarnia real estate market and continued demand for rental housing in Ontario, there may be benefits to listing sooner rather than later. An experienced real estate agent can help you weigh your options.   When the Buyer Plans to Move In   If a buyer wants to live in the home, you must follow legal steps to end the tenancy properly. This includes giving at least 60 days’ notice after the home has sold and providing the correct paperwork. Also, Ontario law requires that if the buyer changes their mind and doesn’t move in, the former tenants can file a complaint with the Landlord and Tenant Board. So be sure the buyer’s intentions are clear and documented.   Final Steps Before Closing   As you move toward closing day, keep your tenants in the loop. Let them know the date the property will change hands and any responsibilities they need to take care of. This will help avoid surprises and ensure a smooth transition for everyone.   Conclusion: Sell Smarter with Blue Coast Realty   Selling a home with tenants in Sarnia doesn’t have to be difficult. With the right knowledge, preparation, and professional support, it can be a successful experience for everyone involved. At Blue Coast Realty, we understand the unique needs of sellers, tenants, and buyers in the Sarnia Lambton area. We know the laws, the market, and how to get results.   ### [What to Do If Your Mortgage Application Gets Rejected: A Guide for Homebuyers in Sarnia Lambton](https://www.sarniaproperty.com/blog_read/what-to-do-if-your-mortgage-application-gets-rejected-a-guide-for-homebuyers-in-sarnia-lambton) What to Do If Your Mortgage Application Gets Rejected: A Guide for Homebuyers in Sarnia Lambton     Buying a home is an exciting milestone, but it can also be a stressful journey—especially if your mortgage application gets rejected. If this has happened to you, don’t worry. You’re not alone, and there are steps you can take to get back on track. At Blue Coast Realty, we’re here to help homebuyers in Sarnia and across Sarnia Lambton navigate the twists and turns of real estate with confidence. In this blog post, we’ll explore what to do if your mortgage application is denied, share helpful tips to improve your chances next time, and offer insights into the Ontario and Canada housing markets.       Why Was My Mortgage Application Rejected?   Before you can fix the problem, you need to understand why the lender said no. Common reasons include:        Low credit score: A poor credit history can signal to lenders that you might not repay the loan on time.      High debt-to-income ratio: If you owe too much compared to what you earn, lenders may think you can’t handle more debt.      Not enough income: Your earnings might not be high enough to cover the mortgage payments.      Unstable job history: Lenders like to see steady employment.      Missing documents: If paperwork is incomplete, it can delay or stop the process entirely.   Once you find out the reason, you can start making changes.   Step-by-Step: What to Do Next   1. Talk to Your Lender      Ask the lender for specific feedback. By law in Canada, lenders must tell you why they rejected your application. This information is valuable because it shows exactly what you need to fix.   2. Check Your Credit Report      Order a free credit report from agencies like Equifax or TransUnion. Look for errors or unpaid debts that might be hurting your score. Dispute any mistakes you find.   3. Pay Down Debt      Work on reducing your credit card balances or loan payments. A lower debt-to-income ratio can make you look more reliable to lenders.   4. Increase Your Income      This might mean taking on a part-time job or freelance work. Every bit helps when showing lenders you can afford a mortgage.   5. Save for a Larger Down Payment      A bigger down payment means you need to borrow less. This reduces the lender’s risk and could improve your chances.   6. Consider a Co-Signer      A family member or trusted friend with good credit might be willing to co-sign your mortgage, which can help you qualify.     Tips for First-Time Homebuyers in Sarnia        Getting your first home in Sarnia or anywhere in Sarnia Lambton is a big deal. Here are some practical tips:        Start budgeting early: Know how much you can afford before house hunting.      Get pre-approved: This gives you a clear price range and shows sellers you’re serious.      Work with a local real estate agent: An experienced Sarnia real estate expert can guide you through every step.      Be patient: Sometimes it takes time to find the right home and secure financing.     Can You Still Buy a Home After a Mortgage Rejection?   Absolutely! A rejection doesn’t mean you can’t buy a home—it just means you need to adjust your plan. Many people who get turned down the first time succeed after a few months of preparation. Remember, the team at Blue Coast Realty is here to support you. Whether you’re buying a home for the first time, selling a home, or just exploring your options, we know the Sarnia Lambton market inside and out. How a Real Estate Agent Can Help   A trusted real estate professional can:        Connect you with mortgage brokers whi work with different lenders      Help you understand your financial options      Provide guidance on local market trends      Support you through the buying or selling process   With Blue Coast Realty by your side, you’ll have a partner who cares about your success.   Final Thoughts   Getting rejected for a mortgage can feel like a setback, but it doesn’t have to stop your dream of owning a home in Sarnia. By understanding the reasons behind the rejection and taking smart steps to fix them, you can come back stronger and better prepared. If you're buying a home, selling a home, or have questions about the real estate market in Sarnia Lambton or anywhere in Ontario, reach out to Blue Coast Realty today. Our experienced agents are ready to guide you every step of the way.   ### [Selling Your Home in Sarnia After Retiring: What to Consider!](https://www.sarniaproperty.com/blog_read/selling-your-home-in-sarnia-after-retiring-what-to-consider) Selling Your Home in Sarnia After Retiring: What to Consider     Retirement is a big milestone—congratulations if you're there or getting close! For many homeowners in Sarnia, Ontario, retirement brings up a very important question: Should I sell my home now that I’m retired? Maybe you're ready to downsize, move closer to your kids, or head somewhere with fewer snow shovels in your future. Whatever your plans, selling your home in Sarnia after retirement can be a smart move—but it’s also a big decision that deserves careful thought.   As a local Sarnia real estate brokerage, we’ve helped many retirees make this transition smoothly. If you're in this stage of life, here are some key things to consider before you put up that “For Sale” sign.       What Are Your Retirement Goals?   Start with your “why.” Are you looking to downsize in Sarnia? Thinking about moving to a smaller home or condo with less maintenance? Or maybe you’re ready to relocate out of Sarnia to be closer to family—or to chase that warm weather dream. Whatever your next step looks like, your retirement goals will help shape your real estate decisions. Knowing where you're going will guide how, and when, to sell your current home.     Understanding the Sarnia Real Estate Market   Before you list your home, it’s smart to understand what’s happening in the Sarnia real estate market. Is it a seller’s market or are homes taking longer to sell right now? What are homes in your neighbourhood selling for? Working with a local Sarnia real estate agent (like us!) means you’ll get a free home evaluation and a look at current trends. That way, you’ll have a clear idea of your home’s value and what to expect during the selling process.     Is Downsizing Right for You?   Downsizing isn’t just about moving to a smaller house—it’s about making life easier. Many retirees in Sarnia are trading two-story homes for bungalows, condos, or places in 55+ communities that offer simpler living. Think about your lifestyle: Do you want less yard work? Fewer stairs? A walkable neighbourhood? There are great options in and around Sarnia that can give you freedom without leaving the community you love.     Financial Planning After Retirement   Selling your home during retirement can give you access to the equity you’ve built—but you’ll also want to plan ahead financially. Will you be living on a fixed income? Will you need that equity for your next home? What about taxes or capital gains if it’s not your principal residence? It’s a great time to chat with a financial advisor, and we can help connect you with trusted local professionals. And don’t forget to factor in real estate fees, legal costs, and moving expenses as part of your budget.     Should You Renovate Before Selling?   You don’t need to overhaul your whole house, but some light updates can go a long way. A fresh coat of paint, tidy landscaping, or some updated lighting can make a strong impression. That said, not every renovation adds value, so it’s smart to get advice from a Sarnia real estate professional before spending money. We can help you figure out what’s worth doing—and what you can skip.     Timing Your Sale   In Sarnia, spring and early summer are popular times to sell, but your personal timeline matters just as much. Are you ready to move right away, or are you just starting to plan? Do you need time to find your next place? We’ll help you understand the timing that works best based on your goals and what’s happening in the Sarnia housing market.     Work With a Real Estate Team That Understands Your Needs   Selling your home is more than a transaction—it’s an emotional transition, especially after retirement. When you work with a team that truly knows Sarnia and understands what retirees are looking for, it makes all the difference. We’re here to support you through every step of the process—no pressure, just honest, expert advice tailored to your situation.     Thinking About Selling Your Home in Sarnia After Retirement?   If you’re exploring the idea of selling your home in Sarnia after retirement, we’re just a phone call away. Whether you're downsizing, relocating, or just curious about your home's value, we're here to help you understand your options.     Let’s Chat!   We love helping our neighbours in Sarnia take the next step with confidence. If you’re ready to talk—or even if you're just starting to consider selling your home after retirement—reach out to us anytime. We’re local, experienced, and happy to help you plan your next move with peace of mind.   ### [Can't Afford a 20% Down Payment? Here Are Your Options in Ontario](https://www.sarniaproperty.com/blog_read/cant-afford-a-20-down-payment-here-are-your-options-in-ontario) Can't Afford a 20% Down Payment? Here Are Your Options in Ontario     Are you dreaming of buying a home in Sarnia or the Sarnia Lambton area, but feeling overwhelmed by the idea of saving up a 20% down payment? You’re not alone. Many homebuyers in Ontario are finding it harder to afford the traditional down payment, especially as prices in the Canada housing market continue to rise. But here’s the good news: You don’t need a full 20% down to buy a home. There are several options available that can help you step into homeownership sooner than you might think. In this blog, we’ll break down your choices, offer helpful tips, and share insights into the Ontario and Canadian housing markets, especially for those looking to buy in the Sarnia area.       Why the 20% Down Payment Rule Exists   The 20% rule is a guideline based on mortgage default insurance in Canada. If you can afford a 20% down payment, you don’t need to pay for mortgage insurance. However, if your down payment is less than 20%, lenders require this insurance to protect themselves in case you can't pay back the loan. While insurance adds to your costs, it allows more Canadians to buy homes with as little as 5% down.     Option 1: Buy with as Little as 5% Down   The minimum down payment in Canada depends on the price of the home:   For homes under $500,000: You need 5% down. For homes between $500,000 and $999,999: You need 5% on the first $500,000 and 10% on the remaining amount. For homes $1 million or more: You must put down at least 20%.   In Sarnia and the Sarnia Lambton area, many homes are well within that $500,000 range, making them more accessible for first-time homebuyers.     Option 2: First-Time Home Buyer Incentive   The Canadian government offers the First-Time Home Buyer Incentive. This program gives eligible homebuyers 5% or 10% of the home’s purchase price to put toward the down payment. It’s like an interest-free loan that helps reduce your mortgage payments.   To qualify, you must:   Be a first-time homebuyer Have a household income of less than $120,000 ($150,000 in some areas) Meet the minimum down payment requirements   This program is especially useful for younger buyers and new families in Ontario.     Option 3: RRSP Home Buyers' Plan (HBP)   If you have savings in a Registered Retirement Savings Plan (RRSP), you can borrow up to $35,000 (or $70,000 per couple) through the Home Buyers' Plan. This money can be used for your down payment without paying tax on it right away. You then have 15 years to pay it back into your RRSP. This is a great way for people who have been saving for retirement to put that money toward buying a home now.     Option 4: Gifted Down Payment from Family   In many cases, family members want to help younger generations enter the real estate market. A gifted down payment is allowed by most lenders, as long as it’s clearly a gift and not a loan. If you’re receiving help from family, be ready to show a letter confirming that the funds are a gift.     Option 5: Consider Lower-Cost Markets Like Sarnia   Ontario is a large province, and real estate prices vary greatly from city to city. While Toronto or Ottawa might be out of reach for some, markets like Sarnia and Sarnia Lambton offer more affordable options. In fact, many people are moving to Sarnia because of its lower home prices, strong community, and beautiful location near Lake Huron. Buying a home here means your down payment goes further, and your mortgage payments may be lower.     Tips for Saving Your Down Payment   Even if you only need 5%, saving that amount can still be a challenge. Here are some tips to help:   Set a budget and track your spending Open a dedicated savings account just for your down payment Cut unnecessary expenses like dining out or subscriptions Take on a side gig to increase your income   Every little bit helps, and with time and discipline, your savings will grow.     Current Trends in the Canada Housing Market   The Canada housing market has been shifting. Interest rates have risen, making borrowing more expensive. However, in areas like Sarnia, prices remain more stable compared to big cities. This makes it a smart time to consider buying a home in Sarnia Lambton, especially if you're a first-time buyer. Experts predict that while the overall market may cool, smaller cities and rural areas will remain strong, especially those with good quality of life and affordable real estate.   REMINDER: Don’t Let the 20% Myth Hold You Back   Buying a home in Ontario, especially in Sarnia or Sarnia Lambton, is possible without a 20% down payment. With government programs, family support, and smart savings, your dream of homeownership can come true sooner than you think. Remember, the real estate market is always changing, and having an experienced team on your side makes all the difference.     Contact Blue Coast Realty Today   At Blue Coast Realty, we specialize in helping people just like you buy and sell homes in Sarnia and Sarnia Lambton. Whether you’re a first-time buyer or looking to upgrade, we’re here to guide you through every step. ### [What Is a Home Sale Contingency? (And How It Affects Your Sale in Sarnia)](https://www.sarniaproperty.com/blog_read/what-is-a-home-sale-contingency-and-how-it-affects-your-sale-in-sarnia) What Is a Home Sale Contingency? (And How It Affects Your Sale in Sarnia)   If you're buying or selling a home in Sarnia, you might hear the term "home sale contingency." But what does it actually mean—and how could it affect your move? Let’s break it down in simple terms.   What Is a Home Sale Contingency?   A home sale contingency is a condition that’s often added to a real estate offer. It basically says: “I’ll buy your home—but only if I’m able to sell mine first.” This gives buyers a safety net. They’re not stuck owning two homes if their current one doesn’t sell.     _______________________________________________________________________________   How It Works in Sarnia’s Market   In Sarnia, this type of contingency is more common in certain situations—especially when the market is balanced or slightly slower. Buyers who are upgrading or relocating locally might want to sell their current home before committing to a new one.   Here's an example: Let’s say Sarah wants to buy a new home in Bright’s Grove but hasn’t sold her current home in the Rapids Parkway area. She finds the perfect place and puts in an offer with a home sale contingency. The seller can accept, decline, or counter her offer.   _______________________________________________________________________________   For Sellers: What You Need to Know   If you’re selling your home and get an offer with this type of condition, here are a few pros and cons:   ✅ Pros   You still have an offer—it could turn into a sale if the buyer’s home sells. You may have more negotiating power in other areas (like price or closing date).   ❌ Cons   Your home will be “conditionally sold,” which can make other buyers hesitant. The sale could fall through if the buyer’s home doesn’t sell on time. _______________________________________________________________________________   What’s a "48-Hour Escape Clause"?   This is something we often include to protect sellers. It means if another buyer comes along with a better offer, the first buyer has 48 hours (or another agreed time) to either remove their home sale condition—or walk away. This keeps things moving and gives sellers more flexibility.   _______________________________________________________________________________   Is a Home Sale Contingency Right for You?   Whether you're buying, selling, or both—it depends on your situation and the current market conditions in Sarnia. A good real estate agent will guide you through the risks and benefits and help you decide what’s best for you.   Thinking of moving? Whether you're upsizing, downsizing, or relocating within Sarnia-Lambton, our team is here to help you navigate every step—contingencies and all. Let's chat about your options!   ### [Understanding the Mortgage Process: A Step-by-Step Guide](https://www.sarniaproperty.com/blog_read/understanding-the-mortgage-process-a-step-by-step-guide) Understanding the Mortgage Process: A Step-by-Step Guide   Buying a home is one of the biggest investments you’ll make—and understanding the mortgage process can make it a lot less overwhelming. Whether you’re purchasing your first home in Sarnia or upgrading within the Sarnia-Lambton region, Bluecoast Realty Brokerage is here to guide you every step of the way. Here’s a quick breakdown of what the mortgage process looks like from start to finish.       1. Get Pre-Approved   Before you even start house hunting, it’s smart to get pre-approved for a mortgage. A pre-approval tells you how much you can borrow and shows sellers that you’re a serious buyer. Local lenders in Sarnia can help you determine what fits your budget and financial goals.     2. Set Your Budget   Your pre-approval amount isn’t necessarily what you should spend. Consider your lifestyle, monthly expenses, and long-term goals. Working with a real estate agent from Bluecoast Realty Brokerage can help you identify properties that meet your criteria while staying within your comfort zone.     3. Find Your Dream Home   Now the fun part—house hunting! As local real estate experts, our Bluecoast Realty agents know Sarnia-Lambton inside and out. We’ll help you explore neighborhoods, compare options, and schedule showings for homes that align with your wishlist.     4. Make an Offer   Once you’ve found a home you love, we’ll help you put in a competitive offer. This includes not only the purchase price but also conditions like financing, inspections, or closing dates. Having a knowledgeable agent can make all the difference in negotiations.     5. Secure Your Mortgage   Once your offer is accepted, it’s time to finalize your mortgage. This involves submitting documents to your lender (pay stubs, bank statements, tax returns, etc.) and waiting for approval. The lender may also request an appraisal to confirm the home’s value.     6. Review Closing Costs   In addition to your down payment, you’ll need to budget for closing costs. These may include legal fees, land transfer taxes, title insurance, and more. We can help you plan for these costs so there are no surprises on closing day.     7. Close the Deal   On closing day, your lawyer and lender handle the paperwork and transfer of funds. Once the deal is finalized, the keys are yours—and you’re officially a homeowner in beautiful Sarnia-Lambton!       Ready to Get Started?   The mortgage process may seem complex, but with the right guidance, it can be smooth and stress-free. At Bluecoast Realty Brokerage, we’re proud to support clients throughout the Sarnia real estate journey—from first showings to handing over the keys.   Contact us today to connect with a local real estate expert who truly knows Sarnia-Lambton. ### [How to Refinance Your Mortgage in Sarnia to Save Money Long-Term](https://www.sarniaproperty.com/blog_read/how-to-refinance-your-mortgage-in-sarnia-to-save-money-long-term) How to Refinance Your Mortgage in Sarnia to Save Money Long-Term   Refinancing your mortgage in Sarnia, Ontario, can be a strategic move to enhance your financial well-being. Whether you're aiming to reduce monthly payments, access home equity, or consolidate debt, understanding the refinancing process is crucial. Here's a comprehensive guide to help you navigate mortgage refinancing in Sarnia.     Why Consider Refinancing?   Homeowners in Sarnia opt to refinance their mortgages for various reasons:   Lower Interest Rates: Securing a reduced rate can decrease monthly payments and total interest paid over the loan's lifespan. Access Home Equity: Utilize up to 80% of your home's value (minus any outstanding mortgage) for significant expenses like renovations, education, or investments. Debt Consolidation: Merge high-interest debts, such as credit cards or personal loans, into a single mortgage payment at a lower interest rate. Change Mortgage Terms: Adjust your mortgage type or term to better align with your current financial goals.   Steps to Refinance Your Mortgage in Sarnia   1. Evaluate Your Financial Situation   Begin by assessing your credit score, income, and debt-to-income ratio. A strong financial profile can qualify you for better refinancing terms.   2. Determine Your Home's Value   An appraisal will establish your home's current market value, influencing the amount you can borrow.   3. Research Lenders and Mortgage Brokers   Explore various lenders and consider consulting with local mortgage brokers who can offer personalized advice and access to multiple lending options.   4. Understand the Costs Involved   Refinancing may entail costs such as appraisal fees, legal fees, and potential prepayment penalties. Ensure that the long-term savings outweigh these expenses.   5. Apply and Close the New Mortgage   Once you've selected a lender, submit your application with the necessary documentation. Upon approval, review the terms carefully before signing the new mortgage agreement.   Refinancing your mortgage is a significant financial decision that can lead to substantial savings and improved financial flexibility. By understanding the process and leveraging local expertise in Sarnia, you can make informed choices that align with your long-term financial goals.   ### [What’s Your Home Worth? How We Do Free Home Evaluations](https://www.sarniaproperty.com/blog_read/whats-your-home-worth-how-we-do-free-home-evaluations) What’s Your Home Worth? How We Do Free Home Evaluations   If you're thinking about selling—or just curious about your home’s value—getting a professional home evaluation is a smart first step. At Bluecoast Realty, we offer complimentary home value assessments for homeowners in Sarnia-Lambton, designed to give you a clear picture of where you stand in today’s market.   But what exactly goes into a home evaluation? And how is it different from those online estimators that give you a number in seconds? Let’s break it down.       Not All Estimates Are Equal   While websites like Zillow or Realtor.ca might provide a quick ballpark estimate, these automated tools can’t factor in local trends, recent renovations, or the nuances of your neighbourhood. That’s where a personalized, in-person (or virtual) home evaluation makes all the difference.   What We Look At During a Home Evaluation   When one of our experienced agents visits your property, they assess multiple factors to come up with an accurate and realistic value, including:   Current market trends and comparable home sales (aka "comps") in your neighbourhood Property condition—including upgrades, renovations, and general upkeep Curb appeal and exterior condition Interior features such as layout, finishes, and any unique selling points Lot size, location, and proximity to schools, parks, or amenities   It’s not just about the number of bedrooms—it’s about how your home compares to others on the market right now.     Local Expertise Matters   We live and work in Sarnia-Lambton, which means we understand what buyers are looking for here. Whether your home is ideal for first-time buyers, investors, or growing families, we tailor our evaluation to reflect how it will perform in your specific market.   What You’ll Get   After the evaluation, we’ll provide a detailed report outlining:   An estimated price range your home could sell for A clear picture of how long homes like yours typically stay on the market Next steps if you decide to sell—now or later   There’s no pressure, no cost, and no obligation.     Ready to Know What Your Home Is Worth?   Whether you're planning a move soon or simply want to stay informed, we're happy to help. A professional opinion backed by real market data can help you plan with confidence. Contact us today to book your free home evaluation—and find out what your home is really worth in today’s market. ### [Timing the Market: Is It Worth Timing the Market When Selling Your Home? ](https://www.sarniaproperty.com/blog_read/timing-the-market-is-it-worth-timing-the-market-when-selling-your-home) Timing the Market: When Is the Best Time to Sell Your Home?   One of the most common questions homeowners ask is: When is the best time to sell my home? The idea of perfectly “timing the market” can be tempting—after all, who doesn’t want to sell for top dollar? At Blue Coast Realty, we’ve helped hundreds of sellers across Sarnia-Lambton navigate the ups and downs of the real estate market, and the truth is: timing matters—but it’s not everything. Let’s break down the seasonal trends, market influences, and whether trying to "wait for the perfect time" is truly worth it.       Best Seasons to Sell a Home in Sarnia-Lambton     Spring: The Prime Season   Spring is often considered the best time to sell in the Sarnia real estate market. Warmer weather, longer daylight hours, and fresh landscaping make homes more attractive. Buyers are also motivated to close deals before summer vacations or the new school year.   Pros: More buyers, higher prices, faster sales Cons: More competition from other sellers   Summer: Still Strong   Summer can still be a great time to list—especially early in the season. Families are looking to move before the next school year, and the weather continues to favor showings.   Pros: Serious buyers, curb appeal at its peak Cons: Some buyers are away on vacation, leading to slower activity mid-summer   Fall: A Balanced Market   The fall market in Sarnia-Lambton can be a sweet spot for sellers who missed spring. Buyers are still active, especially in September and October. The urgency to buy before winter can also work in your favor.   Pros: Motivated buyers, less competition Cons: Cooling temperatures and shorter days limit showing opportunities   Winter: Slower but Serious   While winter is typically the slowest season, it doesn't mean you can’t sell. Buyers house-hunting in winter are often more serious, and there’s far less competition.   Pros: Motivated buyers, less inventory Cons: Fewer showings, potential weather disruptions     Should You Try to Time the Market?   Here’s the truth: waiting for the “perfect” time to sell can actually cause you to miss your best opportunity. While market timing is one factor, your personal timeline, financial goals, and property condition matter just as much—if not more.   Key Questions to Ask:   Have home prices in your area increased recently? Is your home in good condition and move-in ready? Are you financially and emotionally ready to make a move? Are interest rates affecting buyer demand in your area?   At Blue Coast Realty, we offer free home evaluations and personalized advice to help you make the most informed decision—no guesswork needed.     Market Factors to Watch   If you're thinking about selling your home in Sarnia or Lambton County, here are some market conditions to keep an eye on:   Interest Rates: Lower interest rates can boost buyer demand, making it a good time to sell. Inventory Levels: A seller’s market (fewer homes available) can lead to faster sales and higher offers. Buyer Demand: Economic growth and population trends in Sarnia-Lambton can drive housing demand. Local Developments: Infrastructure projects, school openings, or commercial growth in your area can increase your home’s value.   Our team at Blue Coast Realty is constantly monitoring the Sarnia real estate market and can help you understand how these trends apply to your specific neighborhood.     How to Prepare—No Matter the Season   If you're not sure whether now is the right time, focus on preparing your home so you’re ready when the opportunity arises:   Declutter and depersonalize your space Make small updates (fresh paint, curb appeal) Schedule a free home valuation with a Sarnia realtor at Blue Coast Realty Start planning your next move, whether it's upsizing, downsizing, or relocating     Final Thoughts: The Best Time to Sell is When You’re Ready   While spring and summer may be the most active selling seasons, the best time to sell your home in Sarnia is when it aligns with your goals and circumstances. Market timing can help you maximize your sale, but trying to wait for the “perfect” moment could delay your plans unnecessarily. Working with a trusted, local real estate professional can help you time your listing strategically—without guessing or stressing.   Ready to Sell in Sarnia-Lambton?   At Blue Coast Realty, our expert agents provide personalized market insight, professional marketing, and hands-on support to make your home sale smooth and successful—whether it’s spring, summer, or snowing outside. Contact us today to schedule your free consultation and find out if now is the right time to sell your home in Sarnia-Lambton. ### [The Benefits of Using a Realtor in Your Home Selling or Buying Journey](https://www.sarniaproperty.com/blog_read/the-benefits-of-using-a-realtor-in-your-home-selling-or-buying-journey) The Benefits of Using a Realtor in Your Home Selling or Buying Journey   Buying or selling a home is one of the most important financial decisions you'll ever make. While some people consider navigating the process alone to save money on commission, the truth is—going solo can cost you far more in time, money, and stress. At Blue Coast Realty Brokerage, we believe in making the home buying and selling process smooth, efficient, and successful for our clients across Sarnia-Lambton. Here’s why working with a licensed realtor in Sarnia is a smart move compared to going it alone.     Local Market Knowledge   Advantage with a Realtor: Realtors have access to up-to-date market data, neighborhood trends, and property values. At Blue Coast Realty, our agents know the Sarnia real estate market inside and out. Whether you're buying in Bright’s Grove or selling a home in Point Edward, we provide insights that help you price, negotiate, and time your move wisely.   On Your Own: You might rely on online estimates or outdated listings, which can lead to overpaying or underpricing your home—both costly mistakes in today’s competitive market.     Professional Marketing & Exposure   Advantage with a Realtor: When you list your home with a Blue Coast Realty agent, your property gets professional photos, compelling descriptions, targeted ads, and exposure on the MLS (Multiple Listing Service)—which reaches thousands of buyers instantly. Plus, we promote listings through social media, open houses, and local networking.   On Your Own: Selling privately means limited reach. Without professional marketing tools or MLS access, your property may sit on the market longer and sell for less.     Skilled Negotiation   Advantage with a Realtor: Whether you're buying or selling, negotiations are a critical part of real estate transactions. Our agents advocate for your best interests and help you navigate offers, counteroffers, and conditions to secure the best deal possible.   On Your Own: Without experience, it’s easy to let emotions cloud your judgment or overlook important legal details. You might end up accepting a low offer—or losing out to a stronger buyer.     Legal Protection & Paperwork Support   Advantage with a Realtor: Real estate transactions come with extensive paperwork, legal contracts, and disclosure requirements. A realtor ensures everything is completed correctly and complies with Ontario real estate laws. Blue Coast Realty clients have peace of mind knowing no detail is missed.   On Your Own: Without professional guidance, you’re responsible for preparing legal documents on your own—risking errors that could lead to delays, disputes, or even lawsuits.     Network of Trusted Professionals   Advantage with a Realtor: Our team works with a network of trusted home inspectors, mortgage brokers, real estate lawyers, contractors, and more. This makes your journey seamless from start to finish.   On Your Own: It can be time-consuming and risky to find reliable professionals on short notice—especially if you're unfamiliar with the Sarnia-Lambton area.     Saves You Time and Stress   Advantage with a Realtor: From scheduling showings and handling inquiries to managing deadlines and paperwork, a realtor takes care of the details so you don’t have to. Blue Coast Realty agents keep your goals top of mind, reducing stress and saving you countless hours.   On Your Own: Selling or buying a home becomes a full-time job when you do it alone. Juggling responsibilities without expert support can lead to burnout or missed opportunities.     Better Outcomes, Proven Results   Advantage with a Realtor: Homes listed with a licensed brokerage often sell faster and for a higher price. Buyers working with an agent typically secure better deals and more favorable conditions.       Final Thoughts: Is a Realtor Worth It?   The experience, negotiation power, legal expertise, and peace of mind that a professional realtor provides are invaluable. While saving on commission might seem tempting, the risks of making costly mistakes are far greater when going it alone. If you’re buying or selling a home in Sarnia-Lambton, working with Blue Coast Realty Brokerage ensures you have a trusted guide by your side every step of the way. At Blue Coast Realty, our results speak for themselves—we’ve helped countless families across Sarnia and Lambton County achieve their real estate dreams with confidence and clarity. Contact Blue Coast Realty today to connect with a dedicated realtor in Sarnia-Lambton who puts your needs first. ### [Simple Home Improvements That Can Boost Your Selling Price](https://www.sarniaproperty.com/blog_read/simple-home-improvements-that-can-boost-your-selling-price) Simple Home Improvements That Can Boost Your Selling Price   Thinking of selling your home? A few strategic upgrades can make a big impact on your final sale price—without breaking the bank. Whether you’re prepping months in advance or getting ready to list next week, these simple home improvements can help your property stand out to buyers and sell faster.     Small Renovations with Big ROI   You don’t need a full kitchen gut or a massive addition to add value. Some of the most cost-effective renovations are focused on high-traffic, high-impact areas.   Kitchen:   Update cabinet hardware: Swap old knobs for modern handles. Paint or reface cabinets: Fresh white or neutral tones appeal to most buyers. Add a backsplash: Peel-and-stick tiles are affordable and easy to install, yet they make a big visual impact. Replace outdated lighting: Go for clean, simple fixtures in matte black, brushed nickel, or gold.   Bathroom:   Replace faucets or showerheads: New fixtures = instant refresh. Re-grout tiles or caulk tubs: It’s an inexpensive way to make the space look cleaner and newer. Upgrade mirrors and lighting: Swap out dated fixtures for something sleek and contemporary.   Living & Bedrooms:   Paint: This is the #1 ROI upgrade. Stick to soft, neutral colours like warm greys or light beige. Replace old carpet or refinish hardwood: Flooring is a huge factor in buyer perception. Update light switch covers and door handles: A small touch that adds a polished feel.   According to real estate experts, small improvements in kitchens and bathrooms often recoup 80% or more of their cost at resale.     Boost Your Curb Appeal   If buyers aren’t impressed from the outside, they may never make it inside. Curb appeal sets the tone and can even influence a buyer's perceived value of your home. Easy curb appeal upgrades:   Paint the front door: A fresh coat of paint in a modern, bold colour (like navy blue or charcoal) can give your entry a facelift. Add planters or flowers: Seasonal blooms, potted plants, or hanging baskets can make your home feel cared for. Update house numbers and mailbox: Small details count! Choose modern, visible numbers and a clean, matching mailbox. Clean up walkways and driveways: Power wash stained concrete, remove weeds, and fix cracks or uneven paths.   Even adding solar-powered path lighting can enhance curb appeal and safety. Clean Like a Pro   One of the most overlooked but essential improvements is a deep clean. Buyers will notice grime—even if it’s subconscious—and it can seriously affect their impression of your home’s value. Must-do cleaning tasks before listing:   Wash windows (inside and out) Clean baseboards and ceiling fans Steam carpets and mop hardwoods Eliminate odours from pets, smoke, or cooking Organize closets and storage areas (buyers will look!)   A clean home feels newer and more move-in ready, which is a huge selling point.     Stage Your Space to Sell the Lifestyle   Buyers aren’t just purchasing a property—they’re imagining a lifestyle. Home staging helps showcase your home’s best features while allowing buyers to visualize themselves living there.   Key staging tips:   Declutter and depersonalize: Remove family photos, excess decor, and knick-knacks. The cleaner and more neutral, the better. Rearrange furniture: Create open, flowing spaces by pulling furniture away from walls and minimizing bulky pieces. Use light and mirrors: Let in natural light and use mirrors to make small rooms feel larger. Add welcoming touches: Throw pillows, neutral art, fresh flowers, and cozy blankets go a long way in making a space feel inviting.   Pro tip: Don’t overlook the entryway—first impressions start the second buyers walk in the door. Final Thoughts: Focus on What Matters Most   When preparing your home for sale, it’s easy to get overwhelmed by all the advice out there. The key is to prioritize small changes that create a big impact. Focus on cleanliness, neutral aesthetics, curb appeal, and targeted updates in key areas like kitchens and bathrooms. You don’t need to spend tens of thousands to get a strong return—sometimes the smallest upgrades pay off the most.   Thinking of selling your home in Sarnia-Lambton? We’d love to help you strategize which improvements will deliver the highest return based on your home and local market. Contact our team today for a free home evaluation and personalized advice. ### [Real Estate Market Update - May | Sarnia Real Estate](https://www.sarniaproperty.com/blog_read/real-estate-market-update-may-sarnia-real-estate) Sarnia-Lambton Real Estate Market Update – May 2025 By Sean Ryan | Blue Coast Realty   It’s that time again — let’s take a look at where the Sarnia-Lambton real estate market stands as we head into June. Whether you’re buying, selling, or just keeping an eye on things, here’s a breakdown of what happened through May, what trends we’re seeing, and what it all could mean for your next move.     Market at a Glance   The local market continues to show signs of balance, with steady numbers across most key indicators.     Year-to-date home sales: 597 (compared to 590 by this time in 2024) Homes sold in May: 156 (149 may last year) Active residential listings: 516 increase of 21 from may last year Months of Inventory (MOI): 3.3%     What does that mean?   We're sitting comfortably in a balanced market. MOI between 3 and 6 months typically signals equilibrium between buyers and sellers—though conditions can vary depending on price point.     What Price Ranges Are Seeing the Most Activity?     Here’s how May sales broke down by price bracket:     Price Range Active Listings Sales MOI % Sold $0–400K 140 41 3.4 29% $400K–600K 144 70 2 48%  which is 5% increase🔥 $600K–800K 90 28 3.2 31% $800K–1M 78 12 6.5 15% which is down by 5% $1M–1.3M 35 5 6.6 15% $1.3M+ 32 2 16 6.2% Which is decrease of 12%   The hottest segment? That $400K–600K sweet spot is leading the way — nearly half of those listings are selling. But alos a 5% increase to the amount     Where’s it slower? Homes priced above $800K-1000m  are facing a bit more competition, with longer average time on market and fewer sales. And a decrease of 0.5%. The 1.3m plus market saw 12% decrease to the amount of selling    Key Stats to Know     Average list price: $591,000 (virtually unchanged from 2024) Average sale price: $530,000 (up 25k year over to date) Days on Market: 38 (just 2 day longer than may  2024) List-to-sale price ratio: 98% (slightly down from 98.4%) Total sales volume: $85.1 million (up slightly from $80.6 million)     So, what’s the big picture here? We’re seeing stability. The numbers don’t point to a boom or a bust — just a steady, balanced market that’s moving at a sustainable pace. Also to note that Blue Coast REalty had a 14% market share last month of the volume, not bad for a 100% local and 100% local Canadian company      A Note on Expired Listings   One thing that stands out this month: 189 expired listings in May — up from just 5 at the same time last year.   This could be a sign that some sellers are pricing too aggressively or holding out for conditions that just aren’t there right now. It’s a reminder that strategy matters more than ever.   What’s Ahead?   Flat Market = Opportunity We saw about a 5% increase to average sales price from last month   Sellers in the under $600K range are in a great position — strong demand, faster sales. Move-up buyers in higher price brackets may find more room to negotiate — on price, conditions, or even extras.   Late Spring Surge?   A quieter start to the year (thanks to a snowy winter and economic uncertainty) could lead to a stronger late-spring bounce in listings and activity.     Interest Rates & Policy Watch   Bank of Canada the next interest rate is June 4th - we expect it to be lowered by .25% at most but also would be surprised if it stayed the same its 50/50 right now Mortgage rates are sitting around 3.75% to 4.25%, depending on the lender and term. Stable rates = more confidence for buyers heading into the summer season.     Federal Housing Updates:     GST-only on new homes up to $1M could save buyers tens of thousands uo to 50,000 and homes 1m to 1.5 m up to 25,000 — we’re watching to see how this unfolds. Here is a article form toronto start The proposed government-built housing initiative (think post-war "Tree Streets"-style projects) is still in early stages, with no clear rollout yet. Canadas housing minster is Gregor Reobertson. He says prices dont need to come down, but need to speed up. Whats your thought?  Will link article from Global news with more info   One Last Thought: Summer Photos     If you are thinking you may want to sell at sometime in the next year - lets get your exterior photos done now. Your house looks the best when your grass is green, maybe your pool is open. contact us to get no obligation photos done this summer and we will hold them in case you decide to sell!      🗣 What’s Your Take?   I'd love to hear your thoughts — drop a comment, or reach out directly if you’re thinking about buying, selling, or just want to get a better sense of your home’s value in today’s market.     Sean Ryan 📍 Blue Coast Realty | Sarnia-Lambton Helping you navigate the market with confidence.       Resources to checkout: Should house prices go down - https://globalnews.ca/news/11179411/gregor-robertson-home-prices-canada/ Tax cuts on new home builds: https://www.thestar.com/real-estate/liberals-are-pushing-ahead-with-a-tax-cut-on-some-new-homes-heres-everything-you/article_3a8c5074-a1fb-4633-ab30-2d8e06fcf62f.html ### [Building Generational Wealth Through Real Estate Investments](https://www.sarniaproperty.com/blog_read/building-generational-wealth-through-real-estate-investments) Building Generational Wealth Through Real Estate Investments in Sarnia, Ontario   Real estate investment is not just about buying property—it’s a powerful strategy for building generational wealth that can impact your family’s future for decades. Through smart investments, countless individuals have transformed their financial futures, growing wealth that benefits not only themselves but also their children, grandchildren, and beyond. If you're interested in setting the stage for long-term prosperity, here’s your guide to building generational wealth through real estate in Sarnia.     Why Invest in Real Estate in Sarnia?   Sarnia, Ontario, is a prime location for real estate investment. As the city continues to grow, its real estate market offers both stability and potential for long-term gains. The area's affordable property prices, along with its proximity to major cities and the U.S. border, make it an attractive option for investors looking to build wealth that will last for generations.   Building Blocks of Generational Wealth   Property Appreciation: One of the key advantages of real estate investing is the potential for properties to appreciate over time. As properties in Sarnia increase in value, you can unlock significant profits. Improvements to your properties—whether through renovations or better upkeep—can further increase their value, making them even more desirable in the market.   Rental Income: Sarnia's rental market is robust, providing investors with steady cash flow. Whether you're purchasing single-family homes, duplexes, or multi-family units, rental income can cover your mortgage and generate profits. This ongoing revenue stream helps to create financial stability for your family, with the potential to reinvest and expand your property portfolio over time.   Leverage for Greater Returns: Real estate investors often use leverage to maximize their investment returns. By borrowing funds to purchase a property, you can own a more valuable asset with a relatively smaller initial investment. This allows you to build wealth faster, with a plan to pay down your mortgage over time while watching your property’s value increase.   How to Choose the Right Investment in Sarnia   Research the Local Market: Sarnia's real estate market is unique, and understanding its dynamics is essential to making informed investment decisions. Study local trends, neighborhood values, and infrastructure developments that could influence property values. Areas experiencing growth, like those near the waterfront or major business hubs, often offer great opportunities for investors.   Evaluate Risk and Reward: Investing in real estate always involves balancing risk with reward. Residential properties in Sarnia are generally stable, but it’s important to consider factors like location, property condition, and local demand before purchasing. Commercial properties, while potentially offering higher returns, might come with greater risk during economic downturns. Always weigh these factors before committing.   Get Expert Advice: Working with local real estate professionals—such as agents at Blue Coast Realty—can help you navigate Sarnia’s market. We offer invaluable insights into the best investment opportunities, provide market trends, and help you avoid common pitfalls, ensuring you make sound decisions.   How the Local Economy Supports the Rental Market   Sarnia’s rental market benefits from several key local industries that drive demand for short-term and long-term rental properties. The city is home to one of Canada's largest petrochemical industries, including major chemical plants and refineries. These facilities bring in a steady stream of contractors, engineers, and tradespeople who often need temporary housing for extended periods. As new projects get underway or existing ones expand, the demand for rental properties, especially short-term rentals, remains high. In addition to the petrochemical industry, Sarnia's educational institutions, like Lambton College, draw students from across the region, further boosting demand for rental homes and apartments. Many of these students look for affordable and well-located properties for the duration of their studies, providing investors with a consistent pool of renters. Another major contributor to the local rental demand is the Blue Water Health (Sarnia’s Hospital). As one of the area's largest employers, it attracts healthcare professionals, including nurses, doctors, and support staff, many of whom need housing close to their workplace. With a growing population and an ever-expanding healthcare sector, the demand for rental properties near the hospital is expected to remain steady. These factors, combined with the affordability of Sarnia's housing market, make real estate investments in the city an attractive option for investors looking for both short-term returns and long-term appreciation.   Benefits of Real Estate for Building Generational Wealth   Long-Term Appreciation: Sarnia’s real estate market offers the potential for long-term growth, meaning your investment could continue to increase in value, providing wealth for future generations. Owning real estate allows you to pass down valuable assets to your children or grandchildren, securing their financial future.   Tax Advantages: Real estate investments come with various tax benefits. In Canada, investors can benefit from the depreciation of property, which helps reduce taxable income over time. By leveraging tax advantages, you can increase the profitability of your investment and build more wealth.   Diversification and Stability: Real estate investments offer diversification that helps reduce your overall investment portfolio risk. Unlike stocks and bonds, the value of real estate moves independently of market fluctuations, providing stability even during market downturns. This makes it an excellent long-term wealth-building tool.   Getting Started with Real Estate Investment in Sarnia   Starting your real estate investment journey in Sarnia requires careful planning. With an average home price of CAD $420,0000 in Sarnia, the market remains affordable compared to larger cities like London or Toronto. Here’s how to begin:   1. Assess Your Financial Situation: Before jumping into any real estate venture, understand your financial position. Factor in your down payment, monthly expenses, maintenance costs, and potential renovation budgets. This will help ensure you're ready to make a sound investment.   2. Network and Build Relationships: Connecting with local professionals, including real estate agents at Blue Coast Realty, property managers, contractors, and seasoned investors, is crucial. These relationships will provide you with valuable resources, knowledge, and potential deals to help you grow your investment portfolio.   Stay Educated: Real estate is a constantly evolving industry. Whether you’re investing in residential or commercial properties, it’s important to stay updated on local market trends, financing options, and laws that affect property investments. At Blue Coast Realty, we offer resources and guidance to ensure you're always making informed decisions.   Start Building Your Legacy Today   Real estate offers a tried-and-true method for building generational wealth. With the right strategy, knowledge, and support, you can make smart investments in Sarnia's thriving market and secure a prosperous future for your family. At Blue Coast Realty, we are committed to helping you every step of the way as you embark on your real estate investment journey. Contact us today to learn more and start building your legacy.       ### [Staging Secrets: How Our In-House Team Helps Sell Homes Faster in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/staging-secrets-how-our-in-house-team-helps-sell-homes-faster-in-sarnia-lambton) Staging Secrets: How Our In-House Team Helps Sell Homes Faster in Sarnia-Lambton   When it comes to selling a home, first impressions matter—often more than we realize. Buyers can make snap judgments about a property, and the way a home is presented can make all the difference in whether or not it sells quickly, and at the right price. That’s where staging comes in.   At Blue Coast Realty, we understand that staging is a powerful tool in helping homes stand out in the competitive Sarnia-Lambton real estate market. One of the things that sets us apart is our in-house staging team. With a dedicated professional on staff and an extensive inventory of staging items, we make sure your home looks its best, attracting more buyers and ultimately helping you sell faster. Here’s how we do it.     1. Personalized Staging to Match Your Home’s Unique Vibe   Every home is different, and it’s essential that staging reflects not only its style but also its personality. Our in-house stager takes the time to understand your property’s strengths and unique features, ensuring the staging complements its character. Whether it's a cozy cottage by the lake or a modern family home, we create a look that highlights the best aspects of your space, helping buyers imagine themselves living there.   From selecting the right furniture to arranging decorative pieces, our stager focuses on creating a welcoming atmosphere that resonates with potential buyers. This personalized touch helps your home stand out in a crowded market.   2. Access to All the Right Staging Items   One of the biggest benefits of having an in-house staging team is that we have a vast inventory of furniture, art, and decor available at our fingertips. No need to worry about renting or purchasing staging items—we’ve got it covered.   From stylish sofas and eye-catching accent pieces to luxurious bedding and modern artwork, we have everything needed to create a cohesive, stylish look for every room. Our team knows exactly what to pull to make each space feel polished and inviting, all without overloading it with unnecessary items. The result? A home that feels spacious, functional, and ready for a new owner to move in.   3. Professional Staging That Appeals to a Wide Range of Buyers   The goal of staging is to help buyers envision themselves living comfortably in the home, and a well-staged property can make a significant difference. Have you ever walked into an empty house and found yourself unsure how your furniture would fit or how you might arrange the rooms for optimal functionality? Professional staging addresses these questions directly, helping buyers visualize layout possibilities and confidently see how the space could work for their lifestyle.   Staging also allows us to highlight key features in your home—such as fireplaces, high ceilings, or gorgeous views—making them stand out in photos and showings. We know what buyers in the Sarnia-Lambton area are looking for, and we tailor our staging approach to appeal to local tastes and preferences.   4. Staging That Boosts Your Home’s Online Appeal   In today’s market, the first place most buyers see your home is online, which means photos are everything. A well-staged home translates into stunning photos that grab buyers' attention. With our professional staging, your home will shine in listing photos, social media posts, and virtual tours.   Homes that look their best online often attract more showings and, in turn, more potential buyers. And as we all know, the more buyers that see your home, the faster it sells. Whether your home is a traditional beauty or a contemporary masterpiece, our staging ensures it stands out on screen and in real life.   5. Staging That Helps You Sell Faster and For More   Ultimately, the goal of staging is to sell your home faster and for the best price possible. Our in-house staging team has the experience and expertise to create a space that appeals to buyers and encourages them to make an offer. By showcasing your home’s best features, we help buyers fall in love with your property from the moment they step inside.   Homes that are well-staged typically spend less time on the market and may even sell for more than unstaged homes. In a market like Sarnia-Lambton, where competition can be fierce, having that edge can make a world of difference.   Ready to Stage Your Home?   Whether you’re selling a home for the first time or you’ve been through the process before, staging is one of the most effective ways to increase your chances of a quick sale. Our in-house team at Blue Coast Realty is ready to help you make your home shine and attract the right buyers.     If you’re ready to get started or want to learn more about how staging can make a difference, don’t hesitate to reach out. We’re here to guide you through every step of the process—starting with staging!   ### [A Weekend in Sarnia: What Your New Life Could Look Like in Ontario's Hidden Gem](https://www.sarniaproperty.com/blog_read/a-weekend-in-sarnia-what-your-new-life-could-look-like-in-ontarios-hidden-gem) A Weekend in Sarnia: What Your New Life Could Look Like in Ontario's Hidden Gem   Imagine this: You wake up on a beautiful Saturday morning in your new home in Sarnia, Ontario. The sun is shining, and the weekend ahead is filled with endless possibilities. Whether you’re enjoying the outdoors, exploring local events, or indulging in delicious food, Sarnia offers a relaxed yet vibrant lifestyle that’s perfect for weekend getaways—right in your own backyard.     Enjoy the Outdoors   Sarnia is a paradise for outdoor enthusiasts. Spend your morning playing a round of golf at one of the many local golf courses like the Sarnia Golf and Curling Club or Widder Station Golf Course. If you're a fan of water activities, head over to Lake Huron for a boat ride, paddleboarding session, or a refreshing swim at Canatara Beach. For those who love a more relaxed day, you can catch some rays at Canatara Beach or walk along the scenic Howard Watson Trail. For family fun, you’ll find plenty of parks to explore, including Germain Park, Centennial Park, and the Wawanosh Wetlands. The kids will love spending time at the All Out Ninja Indoor Playground and Obstacle course, or cruising on the iconic Duc D'Orleans for a leisurely ride along the waterfront.   Local Events and Festivals   Sarnia comes alive with a variety of local events, especially on weekends. Visit the Sarnia Farmers Market to shop for fresh produce and local goods, or enjoy live music at the Revelree Music Festival or Bluewater Borderfest. The city also hosts the annual Food Truck Festival and Ribfest, offering delicious eats and great entertainment for the whole family. For a more cultural experience, check out the unique offerings at the Judith & Norman Alix Art Gallery.   Dining and Coffee Culture   Sarnia’s food scene is something to be explored. Whether you're craving a classic pizza from Giresi’s or Milano’s, or some tasty fries from one of the summer fry trucks under the Blue Water Bridge, the options are endless. For those who love a good burger, make sure to stop by Burger Rebellion, or head to Dockside for a meal by the water in the warmer months. Craving something different? Sarnia offers a range of international cuisine, including the best sushi at Hana and Kiano, flavorful Indian dishes at Sitara, and a delightful vegetarian menu at Greens. If you're a coffee lover, there’s no shortage of cozy spots like Blackwater, Backhome, and Coffee Culture to sip your favorite brew while enjoying the chill vibe of the city.   Relax and Unwind   What makes weekends in Sarnia truly special is the opportunity to relax. Whether you’re enjoying a walk along the water, unwinding in one of the many parks, or savoring a perfect cup of coffee, Sarnia offers a laid-back atmosphere that’s hard to beat. There’s no rush, just a peaceful, easygoing vibe that makes you feel right at home.   Discover Your Perfect Weekend   In Sarnia, the weekend possibilities are endless, and there’s something for everyone. Whether you’re relaxing on the beach, exploring local events, or enjoying a great meal, Sarnia has everything you need to make the most of your downtime. If you’re considering making the move here, Sarnia’s laid-back charm and beautiful surroundings are waiting for you.     ### [The Ultimate Guide to Moving to Sarnia, Ontario](https://www.sarniaproperty.com/blog_read/the-ultimate-guide-to-moving-to-sarnia-ontario) If you’re thinking about making a move to Sarnia, Ontario, here is the ultimate guide of things you need to know.  Nestled along the beautiful shores of Lake Huron, this vibrant city offers a mix of urban amenities, natural beauty, and small-town charm. Whether you’re relocating for work, lifestyle, or simply seeking a fresh start, this guide will help you navigate your move to Sarnia and settle into your new home.     Why Choose Sarnia, Ontario?   Sarnia is often praised for its excellent quality of life, affordable housing options, and welcoming community. Located in southwestern Ontario, it boasts beautiful waterfront views, a relatively low cost of living compared to larger urban centers, and a strong sense of community. Here are a few reasons why Sarnia might be the perfect place for you:   Affordable Living: Housing prices in Sarnia are more reasonable compared to larger cities like Toronto, London, or Windsor. This means you can get more space for your money, whether you're renting or buying. Access to Nature: With kilometers of waterfront along the St. Clair River, parks, and nearby conservation areas, nature lovers will have plenty to enjoy. You can spend your weekends enjoying the outdoors, whether it's hiking, boating, or simply relaxing by the water. Great for Families: Sarnia is known for its family-friendly environment. With good schools, recreational activities, and a sense of community, it’s an ideal location for raising children. Proximity to the U.S.: Being located near the Canada-U.S. border, Sarnia offers easy access to Michigan, which can be an asset for those who travel frequently for work or leisure.   How to Find a Home in Sarnia   The Sarnia real estate market offers a variety of housing options, whether you’re looking for a cozy apartment, a suburban family home, or a waterfront property.   Renting: Sarnia’s rental market is diverse, with apartments, condos, and houses available for rent in various neighborhoods. Expect competitive prices compared to larger cities. Buying: If you’re considering purchasing a home, Sarnia’s housing market is affordable. You can find homes for a fraction of the price you’d pay in cities like Toronto or even Windsor. Waterfront properties and spacious suburban homes are some of the highlights. Neighborhoods to Explore: Some of Sarnia's most desirable neighborhoods include: Bright’s Grove: A quiet, family-friendly area near the water, offering beautiful parks and beach access. Corunna: Known for its peaceful atmosphere and proximity to schools and amenities. Downtown Sarnia: Ideal for those who enjoy living close to shops, restaurants, and cultural venues. Mitton Village: A charming area with a mix of older and newer homes, perfect for those who enjoy a more traditional neighborhood feel.   Cost of Living in Sarnia   One of the biggest draws of Sarnia is its relatively low cost of living. Here’s a breakdown of some of the key expenses you might face:   Housing: As mentioned, housing is quite affordable. The median home price in Sarnia is lower than the provincial average, making it an attractive option for first-time homebuyers. Utilities: Utilities in Sarnia are reasonably priced, though costs can fluctuate based on the season. Groceries: You’ll find that grocery costs in Sarnia are similar to the national average, with several grocery stores and markets offering a wide variety of products. With the addition of farmers markets you can find good deals in multiple places. Transportation: Sarnia has a fairly low cost of transportation, especially if you drive. Gas prices are typically on par with the rest of Ontario, and public transit options are available for those who prefer not to drive.   Job Opportunities in Sarnia   Sarnia has a diverse economy with opportunities in various sectors. The city is home to a number of industrial sectors, including chemical manufacturing, petrochemical industries, and the energy sector. The Lambton Industrial Park and Chemical Valley are one of the key employers in the area. Additionally, Sarnia has a growing service sector with jobs in retail, healthcare, education, and hospitality. Whether you’re looking for a job in manufacturing or the healthcare field, Sarnia offers a range of opportunities. For those in the tech or creative industries, there are emerging opportunities as well. Remote work has also become more popular, which allows newcomers to take advantage of Sarnia's lower living costs while working for companies located in larger cities.   Transportation and Getting Around Sarnia   Sarnia is a smaller city, and getting around is relatively easy. Here’s what you need to know about transportation in the area:   Public Transit: Sarnia Transit operates several bus routes throughout the city, providing easy access to the main areas. The service is reliable, though having your own vehicle can be more convenient. Driving: The city’s road network is well-maintained, and the drive to other nearby cities such as London or Windsor is straightforward. If you're traveling further, you can access the 402 Highway easily. Airports: The nearest airport to Sarnia is the Sarnia Chris Hadfield Airport, which primarily serves domestic flights. For international travel, you’ll likely need to drive to either Windsor International Airport or London International Airport. Crossing to the U.S.: The Blue Water Bridge connects Sarnia with Port Huron, Michigan, offering easy access to the United States. This makes Sarnia an ideal location for cross-border travel for both business and leisure.   Education and Schools in Sarnia   Sarnia is home to a number of public and private schools, making it a great place for families. The Lambton Kent District School Board oversees the public schools in the area, while the St. Clair Catholic District School Board manages the Catholic schools.   Elementary and Secondary Schools: There are several schools to choose from, offering strong academic programs and extracurricular activities. Some schools even offer specialized programs in arts or sciences.   Post-Secondary Education: Sarnia is home to Lambton College, which provides diploma and certificate programs in fields such as healthcare, business, and technology. For university education, residents often attend institutions in nearby cities like London or Windsor.   Things to Do in Sarnia   Whether you love the outdoors, enjoy cultural experiences, or prefer a more relaxed lifestyle, Sarnia has something to offer. Here are some top things to do in the area:   Waterfront Parks: Enjoy beautiful walks along the St. Clair River at Canatara Park, or take in the views at Centennial Park. Sarnia Bay Marina: A great place for boating, fishing, and waterfront dining. This area is also a hub for cultural events and festivals throughout the year. Imperial Theatre: For those who enjoy the arts, the Imperial Theatre offers a variety of performances, from live theater to musical acts. Golfing: Sarnia boasts several beautiful golf courses, including the Sarnia Golf & Curling Club and Huron Oaks Golf Club. Explore the Blue Water Bridge: Take in the stunning views from this iconic landmark, which spans the St. Clair River connecting Canada to the U.S.   Final Thoughts   Sarnia is a hidden gem in southwestern Ontario, offering a perfect blend of urban amenities and small-town charm. Whether you’re moving for work, family, or a change of pace, this city has a lot to offer. Affordable living, a growing economy, and an abundance of natural beauty make Sarnia an ideal place to call home. Welcome home to the Blue Coast.       ### [What Is an SOPP? (And How It Affects Your Sale in Sarnia)](https://www.sarniaproperty.com/blog_read/what-is-an-sopp-and-how-it-affects-your-sale-in-sarnia) What Is an SOPP? (And How It Affects Your Sale in Sarnia)   If you're thinking about buying or selling a home in Sarnia-Lambton, chances are you've heard the term SOPP thrown around by agents or in listing remarks. But what exactly does it mean? In this post, we’re breaking down what an SOPP (Sale of Purchaser’s Property) is, how it works, and what it means for buyers and sellers in our local real estate market.     What Is an SOPP?   An SOPP stands for Sale of Purchaser’s Property, and it's a condition in an offer that says:   "I'll buy your home, but only if I can sell mine first."   This condition gives buyers protection—so they’re not stuck owning two homes if their current property doesn’t sell. It’s a very common clause in Ontario real estate transactions, especially in balanced or slower markets like we sometimes see in certain parts of Sarnia-Lambton.   How an SOPP Works   Imagine someone in Bright’s Grove finds the perfect new home in Point Edward. They want to make an offer, but they still need to sell their current home. To reduce their risk, they include an SOPP in their offer. The seller can accept the offer with that condition, but there are usually time limits. A typical SOPP clause might give the buyer 30 to 60 days to sell their existing home. If they can’t do it in time, the deal may fall apart—or the seller may get the option to accept a different offer.   What Sellers in Sarnia Need to Know   If you’re selling your home and receive an offer with an SOPP, it’s important to know what you're agreeing to. While this kind of offer may work out just fine, it does carry a bit more uncertainty than a firm offer. You're tying up your property while the buyer tries to sell theirs—which means you might miss out on other serious buyers in the meantime. That’s why SOPP offers often include an escape clause (sometimes called a 48-hour clause). This allows the seller to continue showing the home and accept backup offers. If a better offer comes in, the original buyer typically has 24 to 72 hours to firm up their offer—usually by removing the SOPP condition—or step aside.   At Blue Coast Realty, we help our sellers navigate SOPP offers by evaluating:   Whether the buyer’s home is already listed Its listing price and how it compares to the market How likely it is to sell quickly Whether it’s already conditionally sold   What Buyers Should Know About SOPPs   For buyers, an SOPP gives you time to sell your home and reduces financial risk—but in a competitive market, it can put you at a disadvantage. In hot neighbourhoods like Lakeshore, Twin Lakes, or Heritage Park, sellers may be hesitant to accept an SOPP if they have other offers on the table.   If you need to include an SOPP, here are some ways to strengthen your offer:   Have your home listed and well-priced before making offers Include a strong deposit Get pre-approved for financing Work with a local agent who can help time your purchase and sale effectively   How Common Are SOPPs in Sarnia-Lambton?   At Blue Coast Realty, we see SOPPs regularly, especially in mid-range price points or during slower market months. In some neighbourhoods, they’re quite common—while in faster-paced segments, they’re less likely to be accepted. Every market is different, which is why it’s so important to have a local agent who knows how to negotiate the right terms for your situation.     An SOPP can be a useful tool—but it’s also one that requires careful timing, market knowledge, and good advice. Whether you're buying your first home in Mitton Village or upgrading to a lakefront property in Bright’s Grove, our team at Blue Coast Realty is here to help you navigate the process with confidence.   ### [What Buyers Are Looking for This Summer (and How to Highlight It!)](https://www.sarniaproperty.com/blog_read/what-buyers-are-looking-for-this-summer-and-how-to-highlight-it) What Buyers Are Looking for This Summer (and How to Highlight It!)   Hello, Sarnia-Lambton homeowners!    Summer is here, and with it comes an influx of potential buyers looking for their perfect home. Whether you’re thinking of selling your property or just curious about what today’s buyers want, we’re here to give you the scoop! At Blue Coast Realty, we’ve been keeping a close eye on market trends in Sarnia-Lambton, and we’ve got some great insights into what’s catching the attention of homebuyers this summer. So, let’s dive in and talk about what buyers are looking for and how you can make your property stand out.     Outdoor Spaces Are a Must   With more people working from home and looking for a bit of peace and quiet, outdoor spaces have become a priority. Buyers are dreaming of backyard patios, lush gardens, or even a simple deck to enjoy sunny days.   How to Highlight It: If you’ve got a beautiful backyard or outdoor space, make it shine! Add some outdoor furniture, hang a few string lights, or even plant a few flowers to make it feel inviting. You don’t need to completely overhaul your yard—just make it clear that it’s a place where buyers can relax and unwind.   Move-in Ready Homes   Let’s face it—buyers today are busy! They’re looking for homes that are move-in ready with minimal work required. Clean lines, freshly painted walls, and updated fixtures are all things that make a home feel like it’s ready for its next chapter.   How to Highlight It: Is your home freshly painted or have you recently upgraded your kitchen or bathrooms? Be sure to showcase these details in your listing photos and highlight them in your description. If there’s any small maintenance or repairs that need attention, now’s the time to take care of them—it’ll make a big difference when it comes to attracting buyers.   Spacious Interiors and Home Offices   The rise of remote work means buyers are looking for homes with enough space to work and live comfortably. Spacious kitchens, multiple bedrooms, and flexible spaces for home offices or learning areas are at the top of their lists.   How to Highlight It: If you’ve got a room that can easily double as an office, be sure to stage it with a desk and comfy chair to show its potential. If you’ve got an open layout, consider staging your living spaces with furniture that makes the room feel both cozy and functional.   Energy Efficiency and Sustainability   As energy costs rise, more buyers are focused on energy-efficient homes that can help reduce their monthly bills. Features like energy-efficient appliances, good insulation, and windows that let in natural light are all highly attractive to today’s market.   How to Highlight It: Does your home have updated appliances, a new furnace, or a programmable thermostat? Make sure to mention these features in your listing. If your home has great insulation or energy-efficient windows, this is a great selling point to emphasize. So there you have it! This summer, buyers are looking for a mix of comfort, convenience, and connection to nature—and if you’ve got these features in your home, you’re in a great position to attract attention. If you’re ready to list, Blue Coast Realty is here to help you every step of the way. Let’s make your home shine and get it sold this summer! Feel free to reach out to us if you have any questions or want more tips on how to prepare your home for the market.     ### [Basement Leaks in Sarnia Lambton: What Homeowners and Renters Should Do Next](https://www.sarniaproperty.com/blog_read/basement-leaks-in-sarnia-lambton-what-homeowners-and-renters-should-do-next) Basement Leaks in Sarnia Lambton: What Homeowners and Renters Should Do Next   Heavy rain just rolled through Sarnia Lambton and now you’ve got water where it definitely shouldn’t be — your basement. Whether you own your home or you’re renting long-term, a basement leak is more than just an inconvenience. It’s a sign that your property needs attention, and soon.     Step 1: Don’t Panic — But Don’t Wait   The first thing to do is stay calm — basement leaks are common in Sarnia, especially in areas where the sewer system can’t keep up with heavy rainfall. But while they’re common, they’re also important to deal with right away. Leaving water to sit can lead to mold growth, damage to your foundation, or even long-term structural issues. Not to mention, damp environments can negatively impact your indoor air quality and health.   Step 2: Identify the Source   Before you grab a mop, try to figure out where the water is coming from:   Wall cracks? It could be hydrostatic pressure from the surrounding soil. Floor drains backing up? That might point to sewer overflow. Water along the base of walls? Poor grading or gutter issues could be directing water toward your foundation.   Take pictures of the affected area. If you rent, you’ll want to show these to your landlord. If you own, they’ll help if you decide to bring in a professional later.   Step 3: Get the Area Dry   Use towels, a wet/dry shop vac, or a dehumidifier to start drying things out as soon as possible. Open basement windows (if it’s not humid out) to help circulate air. Mold can start to form in as little as 24 to 48 hours, so drying things quickly is key. If you have cardboard boxes or carpeting in the area — get them up off the floor. Damp materials are a mold magnet.   Step 4: Take Preventive Action   Once things are dry, think about how you can reduce your chances of it happening again:   Clean out gutters and make sure downspouts extend at least 6 feet from your foundation. Check your grading — does the ground slope toward your house? If so, it might be time to regrade. Consider installing a sump pump or backwater valve if you live in an area known for sewer backups.   For renters, this is a good time to have a conversation with your landlord about what long-term solutions they might consider.   Step 5: Know When to Call a Pro   If leaks keep happening or you’re seeing foundation cracks, you may want to talk to a basement waterproofing expert. DIY fixes can go a long way, but they won’t help much if the issue is structural. Think of it as protecting your investment — whether it’s your actual property or simply your living space and peace of mind.   Final Thoughts   In Sarnia, basement leaks are something many property owners and renters deal with at some point. Acting quickly and understanding your next steps can make all the difference in keeping your home safe, dry, and healthy.   Thinking of buying or selling in Sarnia? We live here, work here, and understand the unique challenges of local properties — including how water can affect them. If you have questions, we’re always happy to help.     ### [Selling Your Home in Sarnia After Retiring: What to Do Next](https://www.sarniaproperty.com/blog_read/selling-your-home-in-sarnia-after-retiring-what-to-do-next) Selling Your Home in Sarnia After Retiring: What to Consider   Retirement is a big milestone—congratulations if you're there or getting close! For many homeowners in Sarnia, Ontario, retirement brings up a very important question: Should I sell my home now that I’m retired? Maybe you're ready to downsize, move closer to your kids, or head somewhere with fewer snow shovels in your future. Whatever your plans, selling your home in Sarnia after retirement can be a smart move—but it’s also a big decision that deserves careful thought. As a local Sarnia real estate brokerage, we’ve helped many retirees make this transition smoothly. If you're in this stage of life, here are some key things to consider before you put up that “For Sale” sign.     What Are Your Retirement Goals?   Start with your “why.” Are you looking to downsize in Sarnia? Thinking about moving to a smaller home or condo with less maintenance? Or maybe you’re ready to relocate out of Sarnia to be closer to family—or to chase that warm weather dream. Whatever your next step looks like, your retirement goals will help shape your real estate decisions. Knowing where you're going will guide how, and when, to sell your current home.     Understanding the Sarnia Real Estate Market   Before you list your home, it’s smart to understand what’s happening in the Sarnia real estate market. Is it a seller’s market or are homes taking longer to sell right now? What are homes in your neighbourhood selling for? Working with a local Sarnia real estate agent (like us!) means you’ll get a free home evaluation and a look at current trends. That way, you’ll have a clear idea of your home’s value and what to expect during the selling process.   Is Downsizing Right for You?   Downsizing isn’t just about moving to a smaller house—it’s about making life easier. Many retirees in Sarnia are trading two-story homes for bungalows, condos, or places in 55+ communities that offer simpler living. Think about your lifestyle: Do you want less yard work? Fewer stairs? A walkable neighbourhood? There are great options in and around Sarnia that can give you freedom without leaving the community you love.   Financial Planning After Retirement   Selling your home during retirement can give you access to the equity you’ve built—but you’ll also want to plan ahead financially. Will you be living on a fixed income? Will you need that equity for your next home? What about taxes or capital gains if it’s not your principal residence? It’s a great time to chat with a financial advisor, and we can help connect you with trusted local professionals. And don’t forget to factor in real estate fees, legal costs, and moving expenses as part of your budget.   Should You Renovate Before Selling?   You don’t need to overhaul your whole house, but some light updates can go a long way. A fresh coat of paint, tidy landscaping, or some updated lighting can make a strong impression. That said, not every renovation adds value, so it’s smart to get advice from a Sarnia real estate professional before spending money. We can help you figure out what’s worth doing—and what you can skip.     Timing Your Sale   In Sarnia, spring and early summer are popular times to sell, but your personal timeline matters just as much. Are you ready to move right away, or are you just starting to plan? Do you need time to find your next place? We’ll help you understand the timing that works best based on your goals and what’s happening in the Sarnia housing market.   Work With a Real Estate Team That Understands Your Needs   Selling your home is more than a transaction—it’s an emotional transition, especially after retirement. When you work with a team that truly knows Sarnia and understands what retirees are looking for, it makes all the difference. We’re here to support you through every step of the process—no pressure, just honest, expert advice tailored to your situation.   Thinking About Selling Your Home in Sarnia After Retirement? If you’re exploring the idea of selling your home in Sarnia after retirement, we’re just a phone call away. Whether you're downsizing, relocating, or just curious about your home's value, we're here to help you understand your options.   Let’s Chat! We love helping our neighbours in Sarnia take the next step with confidence. If you’re ready to talk—or even if you're just starting to consider selling your home after retirement—reach out to us anytime. We’re local, experienced, and happy to help you plan your next move with peace of mind.   ### [Why Tradesworkers & Young Families are Choosing Sarnia as Home](https://www.sarniaproperty.com/blog_read/why-tradesworkers-young-families-are-choosing-sarnia-as-home) Why Tradesworkers & Young Families are Choosing Sarnia as Home   If you're a tradesworker or young family looking for an affordable and welcoming place to settle down, Sarnia, Ontario might just be the perfect fit. Nestled in Lambton County, Sarnia offers an exceptional quality of life, with a lower cost of living compared to bigger cities like Toronto, Windsor, and London. With a booming petrochemical sector, excellent schools, and an abundance of outdoor activities, it's no wonder more people are calling Sarnia home.     Affordable Living with Great Opportunities   One of the main reasons people and families are choosing Sarnia is the affordability. The average home price here ranges from $400,000 to $450,000, making it a fantastic option for first-time homebuyers. The cost of living is significantly lower than nearby cities, allowing families to enjoy more spacious homes and a better quality of life without breaking the bank. Sarnia’s thriving petrochemical sector is another big draw for tradesworkers. With major plants like Nova, Shell, Suncor, and Imperial, there's a high demand for skilled trades in industries like construction, industrial, motive power, and petrochemical engineering. Apprenticeship programs through local workforce development programs are also available, making it easier for young professionals to get started in these high-paying fields.   A Family-Friendly Community   When it comes to raising a family, Sarnia has plenty to offer. The city boasts a wide range of educational options, including both public and Catholic schools, two private schools, and Lambton College for higher education. Families can enjoy local parks like Cantara Park, which features walking trails, a lifeguarded beach, a sports field, picnic areas, and play equipment—ideal for weekend outings and family fun.   Support for Newcomers   Our brokerage understands that relocating to a new city can be overwhelming, which is why we offer plenty of support for newcomers. We have strong connections to short-term rental options, allowing you to settle in comfortably before purchasing a home or finding a long-term rental. Additionally, our realtors have firsthand experience working with both the college and industrial plants in Sarnia, giving them unique insight into the needs of tradesworkers and their families. To make the transition even smoother, we offer virtual showings and virtual signing services, so you can explore properties and finalize deals from the comfort of your current location.   Come Explore Sarnia   If you're considering a move to Sarnia, there's no better time than now. Whether you're a tradesworker seeking job opportunities or a young family looking for a vibrant community, Sarnia has everything you need to thrive. Get in touch with us today—we’d love to help you find your perfect home!       ### [A Local’s Guide to Sarnia: Neighbourhoods, Communities, and Vibes](https://www.sarniaproperty.com/blog_read/a-locals-guide-to-sarnia-neighbourhoods-communities-and-vibes) A Local’s Guide to Sarnia: Neighbourhoods, Communities, and Vibes   Whether you’re thinking of moving to Sarnia or just looking for a new corner of the city to call home, there’s a lot more to our area than meets the eye. From peaceful lakefront enclaves to family-friendly subdivisions and walkable urban hubs, Sarnia-Lambton has a community for just about everyone. Here’s our local guide to the neighbourhoods, hidden gems, and vibes that make this corner of Southwestern Ontario such a special place to live.          1. Bright’s Grove – Where the Lake Meets Laid-Back Living   Vibe: Relaxed, beachy, family-friendly Bright’s Grove is Sarnia’s lakeside gem. It offers a blend of year-round homes and vacation-style properties, many within walking distance of Lake Huron’s sandy shoreline. If you love the idea of early morning walks by the water, paddleboarding after work, or biking along the Howard Watson Trail, this is your spot. It’s especially popular with families and retirees who want a mix of peace and community spirit. Plus, the views? Absolutely unbeatable.      2. Twin Lakes – Suburban Comfort with a Scenic Twist   Vibe: Quiet, well-kept, move-in ready This sought-after subdivision features larger single-family homes with manicured lawns, tree-lined streets, and access to nearby parks and trails. Twin Lakes appeals to growing families and professionals who want space without sacrificing convenience. You’ll also find newer builds here—so if you’re looking for move-in ready with modern features, it’s worth a look.   3. Downtown Sarnia – Urban Energy Meets Small-Town Charm   Vibe: Artsy, walkable, up-and-coming Downtown has seen a real resurgence in the last few years, with more people choosing to live close to the action. Think loft apartments, character homes, and the ability to walk to coffee shops, restaurants, the Imperial Theatre, and the waterfront. It’s perfect for young professionals, creatives, and anyone who loves having culture, nightlife, and Lake Huron sunsets just steps from their front door.   4. Wiltshire Park – Affordable and Family-Oriented   Vibe: Friendly, budget-conscious, full of potential Wiltshire Park is one of those neighbourhoods that flies under the radar, but locals love it. Homes here are often more affordable, making it a great option for first-time buyers or families looking for a bit more space on a budget. You’ll find a strong sense of community and great access to parks, schools, and everyday amenities.   5. Corunna – Small-Town Feel, Big-Time Access   Vibe: Quiet, close-knit, growing Just south of Sarnia, Corunna offers a slower pace of life while still being within easy reach of city conveniences. Many people choose Corunna for its tight-knit feel, river views, and newer subdivisions that offer excellent value for money. It’s a great option for commuters, families, and anyone who values a bit more breathing room.   6. Camlachie & Plympton–Wyoming – Rural Vibes with a Touch of Luxury   Vibe: Spacious, scenic, semi-rural If you're looking for space, privacy, and custom homes, this is your spot. Camlachie and parts of Plympton–Wyoming feature estate lots, luxury builds, and beautiful rural landscapes—all just a short drive from the lake and Sarnia’s core. Popular with those upgrading into dream homes or escaping city noise, this area blends country charm with upscale living.   Why Knowing the Neighbourhood Matters   Every part of Sarnia-Lambton has its own rhythm—and understanding the neighbourhood vibe can help you find a home that truly fits your lifestyle. At Blue Coast Realty, we live and work right here in the community. We know where the best walking trails are, which school zones matter, and how the market shifts from neighbourhood to neighbourhood. Whether you're buying your first home, moving up, or relocating to Sarnia, we can help you find the right fit.   Ready to Explore Sarnia-Lambton?   We’d love to show you around. Whether you're actively house-hunting or just getting to know the area, we're here to answer questions and offer local insight you won’t find on listing sites.   Contact the Blue Coast Realty Team today!   ### [GREAT Summer Splash Pads in Sarnia-Lambton! Sarnia Family Activities](https://www.sarniaproperty.com/blog_read/great-summer-splash-pads-in-sarnia-lambton-sarnia-family-activities) GREAT Summer Splash Pads in Sarnia-Lambton! Sarnia Family Activities     When the sun is shining and the kids are bouncing off the walls, there’s nothing better than a local splash pad to cool off and enjoy the outdoors. Sarnia-Lambton is packed with family-friendly splash pads—many located beside playgrounds, parks, or even the beach. Whether you're a local looking for summer fun or a new resident exploring what Sarnia-Lambton has to offer, here's your complete guide to splash pads across the region.         📍 Sarnia 334 Russell Street South (Tecumseh Park) Playground and pool on-site (small fee may apply – check the YMCA Jerry McCaw Family Centre calendar for free swim days)   📍 Point Edward 10 Michigan Avenue Playground nearby, walking distance to waterfront   📍 Bright’s Grove Located within the community, near local parks Lakeside views, great for family picnics   📍 Corunna 420 Colborne Street Includes a playground, lots of green space   📍Courtright 1578 Third Street Quiet spot with a playground   📍 Sombra 152 Smith Street A charming riverside village location   📍 Port Lambton 3442 St. Clair Parkway Playground and access to a sandy beach on the St. Clair River   📍Brigden 1592 Elizabeth Street Includes a playground, perfect for day trips   📍Wilkesport 1622 Baby Road Small-town splash pad with nearby playground   📍Forest Rotary Civic Square (Rotary Rd & Victoria St) Central location with plenty of open space   📍Thedford 92 Main Street Quiet neighborhood park with playground   📍Arkona 16 Smith Street Shaded playground area makes it a great morning or late-afternoon destination   📍Watford 97 Centennial Ave Playground and green space for families to relax   📍 Wyoming 517 Ontario Street Includes splash pad, pool, and playground   Sarnia-Lambton doesn’t just have splash pads—it’s home to some of the most beautiful beaches on Lake Huron:   Canatara Park Beach (Sarnia) – Blue Flag certified, family-friendly Bright’s Grove Beach – Peaceful with great views Grand Bend Main Beach – Iconic summer hotspot Port Lambton Beach – Lesser-known gem on the St. Clair River    Make a day of it, many of these splash pads are near other amenities like:   Playgrounds Picnic areas Walking trails Community centers   So pack your sunscreen, towels, and a picnic basket—it’s time to make some memories!   At Blue Coast Realty, we’re more than just real estate professionals—we’re your neighbours. We live, work, and raise families right here in Sarnia-Lambton. Whether you're buying your first home, upgrading, or relocating to our region, we want you to experience the community the way we do. Looking for a home near one of these amazing parks? Let us help you find the perfect property that fits your lifestyle and keeps you close to the action.   📲 Contact Blue Coast Realty Today | 📍 Your Local Experts in Sarnia-Lambton Living   ### [10 Things to Love About Living in Sarnia (From a Local’s Perspective)](https://www.sarniaproperty.com/blog_read/10-things-to-love-about-living-in-sarnia-from-a-locals-perspective) 10 Things to Love About Living in Sarnia (From a Local’s Perspective)   Hi, I’m Mack Mallon, realtor with Blue Coast Realty — and like many families here, I’ve come to really appreciate the pace, the people, and the lifestyle that Sarnia-Lambton offers. Whether you're new to the area or have lived here for years, there's something special about calling this place home.   Here are 10 reasons why I love living in Sarnia — and why you might love it, too.     1. The Perfect Pace of Life   Life in Sarnia feels balanced. There’s plenty to do, but it’s never overwhelming. For families like mine, it’s the perfect mix of “busy when you want it, calm when you need it.” Whether it’s an active day out or a quiet evening walk, Sarnia supports both.   2. Parks, Trails & Outdoor Fun   We’re surrounded by amazing outdoor spaces that make it easy to stay active. Some of our favorites include:   Howard Watson Trail Canatara Park (and the trails running through it) St. Clair River Trail Tecumseh Splash Pad CAP Park in Corunna These are great for walking, biking, or just letting the kids burn off some energy.   3. Local Restaurants With Heart   Sarnia has a solid food scene — from family-friendly staples to international cuisine. Some personal go-tos include:   Giresi’s Pizza a local classic Albert’s Fries, if you know you know Back Home Coffee a fantastic locally owned coffee shop Sitara for fantastic Indian food Dockside in the summer (you can’t beat the waterfront setting) Bad Dog for a great meal   4. A City That Feels Like Home   There’s something hard to explain about Sarnia — it just feels right. Maybe it’s the welcoming people, the small-town charm, or the fact that you’re always just a few minutes from nature, good food, and friendly faces. It’s a city that makes you feel like you belong.   5. A True Sense of Community   People here care. Whether it’s your neighbour checking in after a storm or a local business sponsoring a youth team, the community has your back. Sarnia is the kind of place where people wave, help out, and actually talk to each other.   6. Events That Bring People Together   There’s always something happening in and around Sarnia — from community events to cultural celebrations. A few local favorites include:   The BIGF Grand Fondo Cycling Event The Aamjiwnaang Pow Wow Canada Day parades and festivities Revelree Music Fest And of course, grabbing fries under the Blue Water Bridge in the summer — it’s a classic Sarnia tradition.   7. The Waterfront Lifestyle   Being close to both Lake Huron and the St. Clair River is a massive perk. Whether you're boating, kayaking, paddleboarding, fishing — or just enjoying the view — the water is a part of everyday life here.   8. Family-Friendly Living   From great schools to safe neighbourhoods and plenty of activities for kids, Sarnia is an easy place to raise a family. There's space to grow, learn, and explore — without the rush of a big city.   9. The Best of Both Worlds   Sarnia has the feel of a small town, but offers many of the amenities you'd expect from a larger city. From shopping and dining to schools and health care, you won’t feel like you’re missing out.   10. A Place Where People Look Out for Each Other   At the end of the day, what really makes Sarnia special is its people. It’s a community — plain and simple. And that’s something you don’t always find.     Whether you're thinking about moving here or just want to appreciate your home a little more — these are just a few of the reasons I’m proud to live and work in Sarnia. If you have any questions about the area, the real estate market, or what it’s like to raise a family here, I’d be happy to chat.     ### [Retiring In Sarnia: Affordable Living, Great HealthCare and Community Perks](https://www.sarniaproperty.com/blog_read/retiring-in-sarnia-affordable-living-great-healthcare-and-community-perks) When it comes to planning for retirement, more and more peoople are turning their attention to Ontario’s Blue Coast — and it’s easy to see why. Sarnia-Lambton offers the perfect balance of affordability, lifestyle, and care — whether you’re moving from the GTA or simply ready to enjoy the next chapter in the community you already love.         Affordability Without Compromise One of the biggest draws for retirees is the lower cost of living. Compared to larger cities, housing in Sarnia is far more accessible, allowing you to downsize or relocate without sacrificing comfort or quality. Whether you’re looking for a quiet bungalow, a condo near the waterfront, or a space in a well-run retirement community, your retirement dollars go further here.   Healthcare You Can Count On Peace of mind is priceless, especially when it comes to your health. Sarnia is home to Bluewater Health Hospital, a modern and well-regarded facility offering a full range of medical services. From regular checkups to specialized care, you'll find support right here in the community — no long drives required.   Lifestyle That Feels Like Vacation Retirement here isn’t about slowing down — it’s about choosing what matters. Enjoy the many golf courses, play a few sets of tennis, or join one of the city’s growing number of pickleball leagues. Add in scenic trails, waterfront parks, and a calendar full of festivals, and you’ve got a lifestyle that keeps you active, social, and fulfilled.   A Community That Feels Like Home Whether you're new to Sarnia or have called it home for decades, retirement is a chance to reconnect with what’s important. Volunteer opportunities, clubs, and community events make it easy to stay involved and build lasting connections.   Ready to make the most of retirement? Contact the Blue Coast Realty Team today — we’ll help you find the perfect home and community to suit your lifestyle.   ### [Here’s How We Support You Beyond the Sale - OUR MOVING TRUCK! ](https://www.sarniaproperty.com/blog_read/heres-how-we-support-you-beyond-the-sale-our-moving-truck) Yes, We Have a Moving Truck! Here’s How We Support You Beyond the Sale   At Blue Coast Realty, we understand that buying or selling a home is a huge milestone—and the journey doesn’t end when the sale closes. In fact, that’s when we really begin to show our commitment to making your experience as smooth and stress-free as possible. We offer a range of services that support you long after the sale, from moving assistance to ongoing community connections and everything in between.     The Moving Truck: A Little Extra Help Goes a Long Way   Moving is often considered one of the most stressful life events, which is why we want to take some of the pressure off. At Blue Coast Realty, we offer our clients free use of our moving truck, complete with a dolly and moving blankets. We don’t stop there—we don’t place a time limit on truck use, either! So, whether you’re moving into your new home, purchasing large patio furniture years down the road, or even just need to haul a few things, our truck is here for you whenever you need it.   We’re Here for You Long After the Sale   Our commitment to supporting you doesn’t end once the paperwork is signed. We go the extra mile to make sure you continue to feel valued and cared for:   Yearly Check-ins: Whether it’s the day of your sale, a week later, or on your home’s anniversary, we check in regularly to make sure your transition is going smoothly. Plus, we send you a personalized home evaluation each year to keep you informed about the value of your property. Exclusive Client Events: As part of our ongoing relationship, we host monthly micro-events exclusively for our clients. From coffee-making classes to paint and sip nights, these events offer a chance to unwind, meet new people, and feel more connected to your community. Community Support: We believe in giving back. Our team regularly donates to local charities and helps prepare meals at the Inn of the Good Shepherd, making a difference in our community while supporting you as you settle into your new home. Scholarship Program: As part of our commitment to local families, we offer a scholarship each year to one client’s child or grandchild, further strengthening our ties to the community.   Local Expertise and Resources   At Blue Coast Realty, we’re more than just real estate agents—we’re your local partners. We provide you with access to a network of trusted service providers, from contractors to movers and beyond. If you need help with anything around your new home, we’ve got you covered. We also make sure you’re in the know with our monthly newsletter, which includes updates on local events, off-market listings, and exclusive happenings in Sarnia Lambton.   Our Promise: Your Journey Continues with Us   Buying a home is just the beginning. At Blue Coast Realty, we want to be there for you every step of the way, whether that’s offering moving support, keeping you updated on your home’s value, or inviting you to a fun community event. We’re here to make sure your experience doesn’t end after the sale—but rather, continues to be a positive part of your life for years to come.     ### [What Happened in Real Estate in June? How This Impacts Buyers & Sellers in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/what-happened-in-real-estate-in-june-how-this-impacts-buyers-sellers-in-sarnia-lambton) Its time to take a look at where the Sarnia-Lambton real estate market stands as we head into July. Whether you’re buying, selling, or just keeping an eye on things, here’s a breakdown of what happened through June, what trends we’re seeing, and what it all could mean for your next move.     Market at a Glance   The local market continues to show signs of balance, with steady numbers across most key indicators.   Year-to-date home sales: 812 (up 4.2% compared to this time in 2024) Homes sold in May: 156 (149 may last year) Active residential listings: 641 increase of 8.8% from last year   Months of Inventory (MOI): 4.0   Key Stats to Know   Average sale price: $573,000 (5.7% increase compared to last year) Days on Market: 21 (just 1 day shorter than June  2024) List-to-sale price ratio: 97.3 (slightly down from 97.8 last year) Total sales volume: $92.9 million (up 16.5% from last year)     What does that mean?   The market report is showing steady demand across various property types—whether it's a bungalow, two-storey, or ranch-style home. However, with mortgage rates remaining stable, both buyers and sellers are adjusting their strategies:     Buyers are taking advantage of consistent borrowing costs, helping to keep monthly payments manageable. Sellers are benefiting from increased buyer confidence, knowing buyers are more likely to be ready and pre-approved.     This steady environment creates smoother, more predictable transactions for everyone involved.     More Homes, More Options   Compared to last year:   Total sales in June increased by 4% Active listings jumped by nearly 9% Homes are selling faster, averaging just 21 days on the market   This activity points to a healthy, balanced market with strong engagement from both sides.     Looking Ahead: What’s Next?   Experts predict moderate growth in home prices through the rest of 2025—potentially rising another 2–5%. This means:   Buyers may want to act sooner rather than later to lock in current prices. Sellers can feel confident that well-priced homes will continue to attract strong offers.   Tips for Buyers and Sellers   Buyers: Get pre-approved and have your financing ready to move quickly when the right home pops up.   Sellers: Price your home competitively and work with an experienced local agent to attract serious buyers fast.   One Last Thought: Summer Photos   If you are thinking you may want to sell at sometime in the next year - lets get your exterior photos done now. Your house looks the best when your grass is green, maybe your pool is open. contact us to get no obligation photos done this summer and we will hold them in case you decide to sell!      🗣 What’s Your Take?   I'd love to hear your thoughts — drop a comment, or reach out directly if you’re thinking about buying, selling, or just want to get a better sense of your home’s value in today’s market.   Sean Ryan 📍 Blue Coast Realty | Sarnia-Lambton Helping you navigate the market with confidence.     ### [Why Working With a Team Makes a Difference: Behind the Scenes at Blue Coast Realty](https://www.sarniaproperty.com/blog_read/why-working-with-a-team-makes-a-difference-behind-the-scenes-at-blue-coast-realty) Why Working With a Team Makes a Difference: Behind the Scenes at Blue Coast Realty   When it comes to buying or selling a home in Sarnia-Lambton, choosing the right real estate support can make all the difference. At Blue Coast Realty, we believe that real estate is a team sport—and our team is built to win for you.     Unlike working with a solo agent, partnering with a real estate team like ours means you get a whole roster of professionals on your side. From the very first conversation, clients benefit from a full suite of specialized services: expert pricing strategies, detailed home staging consultations, high-end photography and videography (including drone footage), and tailored marketing campaigns that start before your home even hits the MLS.   What most clients don’t see—but feel—is the behind-the-scenes hustle. Weekly team meetings keep us sharp, while up-to-the-minute market insights and Comparative Market Analyses (CMAs) ensure every decision is backed by data. Our admin team handles logistics with precision, so nothing gets missed. Meanwhile, our agents are active in the community, building relationships, supporting local charities, and staying dialed into the pulse of Sarnia-Lambton.   And the relationship doesn’t end on closing day. We follow up with yearly home valuation reports, client appreciation events, and continued access to our network of trusted service providers—from contractors to HVAC pros. As one happy client put it, “Even after 4 months since purchase, Kevin is still helping us out with contacts and even removed unwanted items from the house himself.”   We’re energetic, community-minded, and focused on making the little things matter. One common misconception is that agents just "open doors." The truth? Our team is part advisor, part negotiator, part marketing strategist—and always your advocate.   So whether you're months away from listing or just starting to dream about your next move, keep the Blue Coast Realty Team in mind. And if you’re not ready to reach out yet, that’s okay—feel free to follow our journey, attend an event, or just say hi when you see us out in the community.   📸 Want to see what working with us looks like? Follow our instagram page for behind the scenes and see how working with a team can really make a difference.   ### [Buying vs. Building in Sarnia: Which Is More Cost-Effective in 2025?](https://www.sarniaproperty.com/blog_read/buying-vs-building-in-sarnia-which-is-more-cost-effective-in-2025) Buying vs. Building in Sarnia: Which Is More Cost-Effective in 2025?   If you’re considering a family home in Sarnia, one of the biggest decisions is whether to buy an existing house or build a new one. Both options have their pros and cons, and understanding the general cost implications can help you make the right choice.     Buying an Existing Home   Purchasing a home that’s already built comes with the advantage of convenience and speed. You can move in relatively quickly without the wait involved in construction. Existing homes in Sarnia often come in established neighborhoods with mature trees, developed amenities, and ready access to schools and services. In today’s market, buying can often be more affordable upfront, especially when you consider the unpredictability of building costs.   Building a New Home   Building a custom home lets you tailor everything to your tastes—from layout and finishes to energy efficiency and technology. However, the process can take time, and costs can vary widely based on design choices and materials. In addition to construction expenses, you’ll need to factor in land purchase, permits, and other fees. Unforeseen costs or delays can also add to the overall investment.   Cost Considerations   Generally, building a home requires a larger upfront budget and involves more variables that can affect the final price. Buying an existing home usually offers more predictability, though the market conditions and property availability play significant roles. Additionally, ongoing costs like property taxes and maintenance should be considered regardless of your choice.   Lifestyle and Timing   Think about your timeline and lifestyle needs. If you need to move quickly or want to settle into a community with established amenities, buying might be the better route. If you have flexibility and want a home that fits your specific vision, building can be rewarding despite the longer timeline.   Final Thoughts   In 2025, buying an existing family home in Sarnia is often more cost-effective than building, but personal preferences and long-term goals matter most. Whether you decide to buy or build, working with a knowledgeable local real estate broker can ensure you make an informed decision that fits your lifestyle and budget. For guidance tailored to your needs, reach out to Blue Coast Realty. We’re here to help you navigate the Sarnia housing market, whether you’re buying or building your dream home.     ### [Open House Ready: A One-Week Prep Plan to Wow Potential Buyers](https://www.sarniaproperty.com/blog_read/open-house-ready-a-one-week-prep-plan-to-wow-potential-buyers) Open House Ready: A One-Week Prep Plan to Wow Potential Buyers   Getting your home ready for the market can feel overwhelming, but with the right plan, you can make a powerful first impression—and fast. Whether you’re moving up, downsizing, or just ready for a change, prepping your home for an open house in just one week is totally doable. At Blue Coast Realty, we work with clients across Sarnia and Lambton County to help them sell quickly, confidently, and for the best price possible. Here’s our proven one-week prep plan to get your home open-house ready and make buyers fall in love the moment they walk in.     Day 1: Declutter and Deep Clean   Start by removing any excess items from your home. This means tidying shelves, closets, and countertops. Less clutter helps rooms feel bigger and allows potential buyers to picture themselves living there. Next, invest in a thorough deep clean—or let our team connect you with trusted local cleaners. A spotless home is the foundation for everything else.   Day 2: Focus on Curb Appeal   First impressions count. Tidy the yard, mow the lawn, weed the garden, and add some fresh seasonal flowers if you can. Wash the front door, sweep the porch, and make sure your house number is easy to read. Buyers start forming opinions before they even step inside.   Day 3: Make Minor Repairs   Fix that leaky faucet, patch nail holes, and replace burnt-out light bulbs. Small fixes show buyers that your home has been well cared for. If you need help, we have a network of local contractors we can refer for quick, affordable touch-ups.   Day 4: Stage for Success   This is where the magic happens. Our professional staging services highlight your home’s strengths and help create inviting spaces that feel warm, clean, and move-in ready. We’ll work with your existing furniture or bring in just what’s needed to make each room shine.   Day 5: Photograph and Film   High-quality listing photos and drone footage are key to standing out in today’s market. Our photographers capture your home in its best light—literally. And with drone shots of the property and surrounding neighbourhood, buyers can get a true feel for the space before even stepping foot inside.   Day 6: Maximize Marketing Exposure   From MLS listings to a personalized social media plan, our marketing team ensures your home gets seen by the right buyers. We'll create attention-grabbing posts, video reels, and targeted promotions that make your property the talk of the town.   Day 7: Showtime!   It’s open house day! Light a candle, open the blinds, and put out fresh towels. We’ll handle the rest—from signage and showing schedules to follow-up with potential buyers. Don’t worry—we even provide a complimentary moving truck for local moves once your home sells.   Partner With Experts Who Know How to Sell Sarnia Homes   At Blue Coast Realty, we’ve helped countless families across Sarnia and Lambton County sell their homes quickly and smoothly. Whether you're prepping a cozy family home near Canatara Park or a spacious property with waterfront views, our full-service team is here to support you every step of the way. Thinking about listing your home? Contact us today to schedule a free consultation and get your personalized prep plan.     ### [From Drone to Deal: How Our Marketing Plan Gets Your Home Seen (and Sold)](https://www.sarniaproperty.com/blog_read/from-drone-to-deal-how-our-marketing-plan-gets-your-home-seen-and-sold) From Drone to Deal: How Our Marketing Plan Gets Your Home Seen (and Sold)   When it comes to selling your home, it’s not just about putting up a sign and hoping for the best. It’s about making sure your home gets the attention it deserves—from the very first scroll to the final handshake. That’s where the Blue Coast Team comes in. We don’t just list homes—we market them. Here's a look at how our modern, multi-layered approach takes your home from drone to deal.     It Starts with Stunning Visuals Before anyone steps through the door, they’ve already formed an opinion based on the photos. That’s why we invest in professional photography, including drone footage to capture your home’s curb appeal, layout, and even those hard-to-see backyard views. Aerial shots give buyers a full picture—literally. Whether it’s showcasing your lot size, proximity to parks, or that dreamy pool, drone footage adds a wow factor that regular photos just can’t match.   Video Tours That Tell a Story We create engaging walk-through videos that bring your home to life. These aren’t just slow pans of empty rooms—they’re polished, story-driven tours that highlight what makes your home special. It’s like an open house… but online, and available 24/7. Buyers today are visual. We give them what they need to imagine themselves living there.   Social Media that Actually Works We don’t just post your listing—we promote it. With targeted Facebook and Instagram ads, custom reels, and sneak peek stories, we make sure your home gets seen by the right people at the right time. Our team also uses email marketing, listing blasts, and audience targeting to expand your reach beyond just MLS.   Strategic Staging and Timing Every listing gets a personalized plan. We help you prep your home with staging support, thoughtful suggestions, and professional advice to make it show-ready. Then, we launch your listing at the right time—whether that’s just before a long weekend, or when buyer activity is peaking in your area. No guesswork. Just strategy.   The Results? More Eyes, More Showings, Better Offers Our marketing isn’t just about making your home look good—it’s about creating momentum. When buyers see a home that looks amazing, is presented clearly, and pops up across multiple channels, they act fast. The end result? More showings. Stronger offers. Less time on the market.   Let’s Get Your Home Seen—And Sold If you're thinking of selling, let’s make sure your home gets the exposure it deserves. From drone to deal, the Blue Coast Team is here to make it happen—with strategy, creativity, and a team that truly cares about your success. Reach out today for a free home consultation—we’d love to show you what our marketing can do.     ### [Behind the Scenes: What It’s Like to Sell with the Blue Coast Team](https://www.sarniaproperty.com/blog_read/behind-the-scenes-what-its-like-to-sell-with-the-blue-coast-team) Behind the Scenes: What It’s Like to Sell with the Blue Coast Team   If you’ve ever wondered what actually goes into selling a home—beyond the sign on the lawn and the listing online—you’re not alone. At the Blue Coast Team, we believe selling your home should feel less like a guessing game and more like a guided, step-by-step journey. Here’s a peek behind the scenes at what it’s really like to sell your home with us.     It Starts With a Strategy   Before your home ever hits the market, we sit down with you to understand your goals, your timeline, and your home’s unique features. We’re not here to just stick a price on your home—we’re here to build a strategy that gets you results. From pricing recommendations to prepping your home for listing, we’ll walk you through every decision with full transparency and data-backed advice.   In-House Staging That Makes a Difference   We don’t just talk about presentation—we offer in-house staging to help your home show its best. Whether it’s rearranging furniture, adding cozy touches, or removing clutter, our staging is designed to highlight your home’s strengths and help buyers picture themselves living there. You’d be surprised what a difference it makes—and you don’t have to figure it out on your own.   Professional Photos, Videos & Marketing That Works   First impressions matter, especially online. We use professional photography and video to showcase your home, and we create a custom marketing plan that includes social media, email marketing, print materials, and more. We don’t do cookie-cutter listings—we tell your home’s story in a way that stands out and gets attention.   Clear Communication Every Step of the Way   You’ll never be left wondering what’s happening. Our team keeps you updated throughout the entire process—from showings and feedback to offers and negotiations. We’re responsive, proactive, and always here to answer your questions. Plus, because we work as a team, you’ve got a full crew behind you—so nothing slips through the cracks.   Local Knowledge, Backed by Experience   We live and work in Sarnia-Lambton, and we know this market inside and out. We’ve helped hundreds of families sell their homes in all kinds of markets, and we bring that experience to the table with every client. No guesswork. No surprises. Just expert advice and support, tailored to your situation.   And Yes—We Have a Moving Truck   Yep, you read that right. When you sell with the Blue Coast Team, you also get access to our complimentary moving truck to help with your big day. It’s just one of the many ways we try to make the process smoother, less stressful, and a little more human.   Ready to See What Selling Should Really Feel Like?   If you’re thinking about selling your home, we’d love to show you how it’s done—with less stress, more support, and real results. Reach out to the Blue Coast Team today to book your free home consultation. Let’s take the next step together.     ### [Exclusive Listings in Sarnia: What Are They and How to Access Them](https://www.sarniaproperty.com/blog_read/exclusive-listings-in-sarnia-what-are-they-and-how-to-access-them) Exclusive Listings in Sarnia: What Are They and How to Access Them   If you’ve been searching for a home in Sarnia, you’ve probably scrolled through MLS listings and Realtor.ca a hundred times. But what if we told you… not every home for sale is listed publicly? Welcome to the world of exclusive listings—a lesser-known side of the real estate market that could give you access to homes most buyers don’t even know exist.     What Is an Exclusive Listing?   An exclusive listing is a property for sale that’s not posted on the public MLS system. That means it won’t show up on Realtor.ca or other popular real estate search websites. Instead, it’s marketed privately—often through a single brokerage or even just a specific realtor. These listings are still available to buyers, but they’re only shared with select agents, clients, or buyers who are actively working with a realtor.   Why Would a Seller List Exclusively?   There are a few reasons sellers might choose to list exclusively:   Privacy – They don’t want photos of their home online   Limited showings – They prefer to sell quietly without high traffic   Testing the market – They want to gauge interest before going public   Quick sale – They already know a buyer might be lined up   Whatever the reason, exclusive listings are real opportunities—and they can sometimes fly under the radar of the average buyer.   How Do You Access Them?   This part is simple: you need to be connected to a local realtor who has access to them. At the Blue Coast Team, we often know about exclusive listings before they’re made public—or even if they’ll ever go public at all. By working directly with a realtor on our team, you can gain access to properties that may never be listed on the MLS but are still available to purchase.   Why Exclusive Listings Matter in Today’s Market   In a competitive or low-inventory market, exclusive listings give buyers an edge. You’re seeing homes that the general public isn’t—and sometimes that’s all it takes to find the perfect fit before someone else does. For sellers, going exclusive can offer a more private, targeted approach. And for buyers, it’s a chance to get ahead of the crowd.   Want In on Our Exclusive Listings?   If you're actively searching for a home in Sarnia-Lambton, or you just want to see what’s available off-market, reach out to the Blue Coast Team. Let’s talk about what you’re looking for—we’ll make sure you’re not missing out on hidden opportunities.   ### [The Best Patios, Ice Cream Stops & Beach Walks in Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/the-best-patios-ice-cream-stops-beach-walks-in-sarnia-lambton) The Best Patios, Ice Cream Stops & Beach Walks in Sarnia-Lambton   Looking to enjoy sunny days in Sarnia-Lambton? Whether you're in the mood for a relaxing drink on a patio, a cool treat, or a scenic walk, we've got the perfect summertime spots for you.     Patios with Charm & City Views   Paddy Flaherty’s Irish Pub A top-rated waterfront patio with cozy vibes, live music, and traditional pub fare—perfect for a casual evening out.   Alternate Grounds Dockside Popular local hangout featuring great outdoor seating, friendly ambiance, and a tasty menu—ideal for lunch or happy hour   Match Restaurant at the Casino Point Known for its breathtaking riverside views.      Ice Cream & Sweet Treats   The Ice Creamery (Nelson St.) Serving handcrafted, small-batch ice cream—made from scratch and loved for its unique flavors. Often ranked among Sarnia’s best   Ice Cream Galore (Point Edward) A nostalgic ice cream parlor with fresh-made waffle cones and scenic views of the St. Clair River   Beach & Waterside Walks Canatara Park and Beach A Blue Flag–certified sandy beach with accessible walkways, trails, playgrounds, picnic areas, a bike track, and even a wakeboard park   Sarnia Waterfront Trail to Point Edward A scenic lakeside stroll (approx. 2 km one-way) with charming park views and stops at local brews like Refined Fool Brewing   Howard Watson/River Road Trail & St. Clair Parkway Over 40 km of trails along the river, including wooded sections, rail paths, and peaceful riverfront routes   Plan Your Perfect Summer Outing   Start with a scenic walk along Canatara or the waterfront trail.   Grab a treat at The Ice Creamery or Ice Cream Galore.   Relax on a patio, enjoying good food, local drinks, and warm vibes.   Repeat—they’re all nearby and perfect for a summer day.     Ready for More Local Picks?   Let us know if you’d like a guide curated for families, pet-friendly spots, or hidden summer gems. We love helping you make the most of this beautiful season in Sarnia-Lambton!   ### [Downsizing Done Right: A Guide for Sarnia Homeowners Ready for the Next Chapter](https://www.sarniaproperty.com/blog_read/downsizing-done-right-a-guide-for-sarnia-homeowners-ready-for-the-next-chapter) Downsizing Done Right: A Guide for Sarnia Homeowners Ready for the Next Chapter   Thinking about downsizing? Whether the kids have moved out, you're ready for a lifestyle change, or you're just tired of maintaining a large home, downsizing doesn’t have to mean giving anything up—it can actually be a move toward more freedom, flexibility, and peace of mind. If you're a homeowner in Sarnia-Lambton considering the next chapter, here’s how to downsize with clarity, confidence, and the right plan.      Why People Choose to Downsize   Everyone’s reasons are different, but here are a few common ones we hear:   Less space = less stress. A smaller home means fewer chores and maintenance. Financial freedom. Selling a larger home can free up equity for travel, retirement, or other goals. Health & mobility. Many downsizers are looking for one-floor living or easier accessibility. Lifestyle shift. Maybe you want to live closer to family, enjoy a condo with amenities, or spend less time on home upkeep. Whatever your reason, downsizing should feel like a step forward, not a step back.   Step 1: Know What You’re Looking For   Before you list your current home, get clear on what you want next:   Are you looking for a bungalow, condo, or townhouse? Do you still want outdoor space? Do you want to stay in Sarnia or explore nearby areas?   This will help narrow down your search and reduce the overwhelm.   Step 2: Create a Timeline (And a Backup Plan)   The key to a smooth downsize is planning ahead. Think about:   When do you want to move? Will you need to sell your home before buying? Are you open to temporary housing if the timing doesn’t line up perfectly?   Having a flexible but structured plan keeps things moving without unnecessary stress.   Step 3: Declutter with Purpose   One of the biggest hurdles in downsizing is deciding what to keep. Here’s a simple method:   Start early. Tackle one room at a time. Sort by category: Keep, donate, sell, or give to family. Be realistic. If it hasn’t been used in years, you probably won’t miss it. If it feels overwhelming, we can recommend local organizers who specialize in helping homeowners downsize with ease.   Step 4: Sell Your Home Strategically   When it’s time to list, you want your home to shine. Our team offers in-house staging, expert marketing, and trusted advice every step of the way. We understand that downsizing is more than a sale—it’s a transition. We’ll guide you with patience, care, and a personalized plan that fits your pace.   Ready for the Next Chapter?   Downsizing doesn’t mean losing what matters—it means making space for what’s next. Whether you’re planning to move now or just starting to think about it, we’re here to help.   Reach out to the Blue Coast Team for a no-pressure chat. Let’s talk about your next chapter—and how we can make the move simple, smooth, and right for you.   ### [Let's Capture Your Home at Its Summer Best – Just in Case You Decide to Sell](https://www.sarniaproperty.com/blog_read/lets-capture-your-home-at-its-summer-best-just-in-case-you-decide-to-sell) Let's Capture Your Home at Its Summer Best – Just in Case You Decide to Sell   Are you thinking about selling your home sometime this fall or winter, but not quite ready to make the move? We get it—timing is everything. That’s why we created our Summer Photo Promo.     This free, no-obligation service is designed to help you stay one step ahead. Here’s how it works: we’ll come by and take high-quality exterior photos of your home now—while the grass is green, the garden is full, and your home’s curb appeal is at its peak. Whether you’ve got a gorgeous backyard, a vibrant flowerbed, or a pool that sparkles in the sun, we’ll capture it while everything’s looking its best.   Then we hold onto the photos, ready to go if and when you decide to list. There’s no contract, no cost, and no pressure—just a smart way to stay prepared for whatever your plans might be.   Why does it matter? Because first impressions are everything. When buyers see a home in winter, they’re often looking at bare trees, gray skies, or snow-covered yards. But if they can picture what your home looks like in the summer? That visual can go a long way in helping them fall in love with it.   This is an easy, no-risk way to show your home in its best light—even if you're months away from selling.   Ready to plan ahead the smart way? Reach out to the Blue Coast Team today and we’ll book your exterior photo shoot—no strings attached.   ### [7 Reasons to Declutter Your Home (Even If You’re Not Selling… Yet)](https://www.sarniaproperty.com/blog_read/7-reasons-to-declutter-your-home-even-if-youre-not-selling-yet) 7 Reasons to Declutter Your Home (Even If You’re Not Selling… Yet)   Whether you’re renting your first apartment or you’ve owned your home for decades, there’s one thing we can all agree on: stuff accumulates fast. Decluttering isn’t just about preparing your house for sale — it’s about enjoying your space more, cleaning less, and feeling more at home in your own home. Here are 7 reasons to declutter your space — and how it might help you down the road if you ever decide to move.     You’ll Actually Enjoy Being Home More   When your living space feels organized and open, your brain does too. It’s easier to relax when you’re not surrounded by piles of papers, mystery boxes, or “maybe I’ll use that someday” items. Decluttering creates calm — and gives every room a chance to shine.   Cleaning Gets Way Easier   The fewer items you have out, the less dusting, wiping, and vacuuming you need to do. No more moving things just to clean under them. Less clutter = faster chores = more time for yourself.   You Might Even Find Lost Treasures   Decluttering isn’t always about throwing things away. It’s also about rediscovering what you already have — that missing charger, your favorite mug, or a long-lost gift card. It can feel like a mini treasure hunt.   You Can Clear Out Big Items You No Longer Need   Have an old mattress, broken furniture, or appliances taking up valuable space? Locally, James Property Solutions offers junk removal for larger items, and portable storage units can be a great temporary solution if you’re in transition. The Sarnia Waste Depot is also an easy drop-off option for certain types of household waste.   It Makes Future Moves Way Less Stressful   Even if you’re not planning to sell your home anytime soon, decluttering now means less to pack later. If moving ever becomes part of your plan — whether it’s upsizing, downsizing, or just a new adventure — you’ll thank yourself for getting ahead of the game.   A Tidy Home Shows Better (If You Decide to Sell)   If and when you decide to list your home, you’ll want it looking its best — and decluttered homes not only show better, they sell faster and often for more. Buyers want to see space, not stuff. A clean, organized home helps them imagine their life in it, not yours.   You’ll Feel a Sense of Accomplishment   Decluttering doesn’t have to be done in a day. Tackle one closet or one drawer at a time. Every bag donated or box sorted is a step toward a lighter, more peaceful home life.   Ready to Reclaim Your Space?   Decluttering isn’t just about being tidy — it’s about feeling better where you live. And if you ever decide it's time to make a move, you'll already be one step ahead. At Blue Coast Realty, we love helping Sarnia-Lambton homeowners make smart decisions about their homes — whether they’re selling now, later, or just looking for ways to love their space more.   ### [How to Protect Your Waterfront Home from Flooding & Erosion](https://www.sarniaproperty.com/blog_read/how-to-protect-your-waterfront-home-from-flooding-erosion) How to Protect Your Waterfront Home from Flooding & Erosion   Owning a waterfront home comes with so many perks: stunning views, peaceful mornings, and that unbeatable connection to nature. But it also comes with some unique responsibilities—especially when it comes to protecting your property from flooding and shoreline erosion. Whether you’re on a river, lake, or the Great Lakes, here’s how to keep your home safe, secure, and standing strong for years to come.     1.  Understand Your Risk   Not all waterfront properties are created equal. The level of flood and erosion risk depends on several factors, including:   Water body type (river vs. lake vs. ocean) Shoreline condition (natural vs. manmade) Elevation of your home Local weather patterns   Start by checking flood risk maps for your region (in Ontario, you can find these through the local conservation authority or Flood Hazard Map by Natural Resources Canada). Knowing your vulnerability is the first step to preparation.     2.  Maintain Natural Shoreline Vegetation   One of the best protections against erosion is already growing in your backyard. Native plants and trees help stabilize the soil, absorb excess water, and reduce wave impact. Avoid removing vegetation too close to the waterline.   Instead, consider: Adding deep-rooted shrubs or grasses Avoiding lawn right up to the shoreline Creating a buffer zone between your yard and the water   3.  Invest in Proper Drainage   Water should always be directed away from your home. That means:   Keeping gutters and downspouts clear Installing French drains or swales Making sure driveways and patios don’t slope toward the house   Poor drainage = pooling water = higher flood risk.   4. Install a Retaining Wall or Riprap (If Needed)   If erosion is already visible or if you’re seeing high wave activity, it may be time for structural reinforcement. A retaining wall, riprap (layered rock), or other shoreline stabilization method can help minimize erosion. Important: In Ontario, any shoreline modifications usually require permits from your local conservation authority. Always check before starting.   5. Consider Flood Insurance   Even if you’re not in a “high-risk” zone, floods can and do happen. Most standard home insurance policies don’t include overland flood coverage, so check with your provider. It’s a small price for peace of mind.   6. Create an Emergency Plan   Preparation goes a long way. Have a plan that includes:   Sandbags (store a few in case of a fast-rising storm) Sump pumps (with battery backup) Emergency contact list A go-bag with essentials   Knowing what to do before disaster strikes can make all the difference.   Final Thoughts   Living by the water is a dream—but like anything worthwhile, it takes care. By being proactive with shoreline maintenance, drainage, and home upgrades, you’ll not only protect your investment—you’ll also enjoy your waterfront lifestyle with more confidence and ease. Have questions about protecting your waterfront home? Or looking for trusted local services to help? Don’t hesitate to reach out—we’re here to help you make the most of your lakeside life.   ### [Buying Your First Home in Sarnia? Here’s a Step-by-Step Plan](https://www.sarniaproperty.com/blog_read/buying-your-first-home-in-sarnia-heres-a-step-by-step-plan) Buying Your First Home in Sarnia? Here’s a Step-by-Step Plan   Buying your first home is exciting—but it can also feel overwhelming, especially if you’re not sure where to begin. The good news? You don’t have to do it alone. Whether you're born and raised in Sarnia or brand new to the area, this step-by-step guide will walk you through everything you need to know to confidently purchase your first home in Sarnia-Lambton. Let’s break it down.     Step 1: Get Pre-Approved for a Mortgage   Before you start browsing homes, it’s important to know what you can afford. A mortgage pre-approval gives you a clear idea of your budget and shows sellers you're a serious buyer. You’ll also get a better understanding of monthly payments, down payment requirements, and what interest rates you qualify for.   🔑 Pro Tip: Reach out to a trusted mortgage advisor early—they can help you explore first-time buyer incentives and programs that may apply to you.   Step 2: Make a Needs vs. Wants List   Think about what matters most to you. Do you need three bedrooms? Is a garage non-negotiable? What about proximity to work, schools, or the waterfront? Having a clear list of must-haves and nice-to-haves will help you stay focused during your search—especially when emotions kick in during showings.   Step 3: Connect with a Local Realtor (That’s Us!)   Partnering with an experienced local agent makes a world of difference. At the Blue Coast Team, we know the Sarnia market inside and out—from hidden gems to up-and-coming neighbourhoods. We’ll guide you through the entire process, answer your questions, and advocate for you every step of the way. 👋 Bonus: We offer in-house staging, a moving truck, and trusted local connections to help make your move seamless.   Step 4: Start House Hunting   This is the fun part! Once we’ve narrowed down your needs and budget, we’ll start booking showings. Whether you're looking for a starter home in a quiet neighbourhood or something closer to downtown, we’ll make sure you’re seeing the right homes—not just what’s available. We'll also keep you informed about new listings and help you compare homes based on value, condition, and potential.   Step 5: Make an Offer   Found a home you love? It’s time to make an offer. Your agent will walk you through the process, explain terms like deposit, conditions, and closing date, and help negotiate a deal that protects your interests while staying competitive in the market.   Step 6: Home Inspection & Final Mortgage Approval   Once your offer is accepted, you’ll arrange for a home inspection to ensure everything is in good shape. Your lender will also finalize your mortgage during this period. Your realtor and mortgage advisor will help you stay on top of any paperwork or next steps.   Step 7: Close the Deal and Move In!   On closing day, the property officially becomes yours. You’ll receive the keys and can start making it your own. This is where our complimentary moving truck comes in handy—just another perk of working with the Blue Coast Team! ### [Why We Give Back: Blue Coast Realty's Commitment to Sarnia-Lambton](https://www.sarniaproperty.com/blog_read/why-we-give-back-blue-coast-realtys-commitment-to-sarnia-lambton) Why We Give Back: Blue Coast Realty's Commitment to Sarnia-Lambton   At Blue Coast Realty, we’re proud to be more than just a real estate team—we’re your neighbours, your supporters, and your community partners. For us, giving back isn’t a marketing strategy or a checkbox—it’s part of who we are. We live here, we work here, and we care deeply about making Sarnia-Lambton a stronger, more connected place to call home.     Supporting Local, Always   One of the most important ways we give back is by supporting local organizations that make a real impact. Whether it’s donating to local charities, sponsoring youth sports teams, or contributing to community events, we want to be present in the places that matter to the people we serve. We also believe in supporting the next generation. That’s why we offer scholarships to help local students pursue their goals—because when they succeed, our whole community does too.   Giving Back Where It Matters Most   Every few months, our team heads to the local soup kitchen to cook and serve lunch. It’s something we look forward to—not just because it’s a chance to give back, but because it reminds us why community matters. There’s something powerful about showing up, rolling up your sleeves, and helping out in a direct and personal way. Cooking at The Inn has become a meaningful tradition for many of our team members—and a reminder that we all have a role to play in lifting others up.   Guided by Our People and Our Clients   We don’t choose causes randomly. The organizations we support are often connected to what’s important to our realtors and our clients—whether it’s mental health, youth programs, education, or helping families in need. That’s what makes it meaningful. It’s not just about writing a cheque. It’s about showing up, staying involved, and being part of something bigger than ourselves.   We're Part of This Community—Just Like You   At the end of the day, our commitment to giving back comes from a simple belief: when our community thrives, we all do. We're not just helping people buy and sell homes—we’re building relationships and investing in the place we all call home. If you're thinking about working with Blue Coast Realty, know this—we're all in. For you, and for Sarnia-Lambton.       ### [Sarnia‑Lambton Real Estate Market Update – July 2025](https://www.sarniaproperty.com/blog_read/sarnialambton-real-estate-market-update-july-2025) Sarnia‑Lambton Real Estate Market Update – July 2025   Presented by Blue Coast Realty, Sarnia ON     July brought steady growth to Sarnia‑Lambton's real estate market. Let's dive into the numbers and the key factors influencing this month's performance.   Market Snapshot   Residential Sales: 146 homes sold, up 2.1% from July 2024. Average Home Price: $556,926, an increase of 10.6% year-over-year. Median Price: Slight dip to $467,500 (down 0.5% from July 2024). Inventory: Increased to 4.6 months (balanced market).   Year-to-Date Comparison (Jan-July) Total Sales: 958 units (+3.9% year-over-year). Average Price: $541,123 (+2.4% compared to 2024). New Listings: Rose to 2,084, a significant increase of 11.3%. Single Detached Market Insights Sales: Slight decrease of 3.0% to 128 units. Average Price: Jumped 13% to $581,793. Market Balance and Seller Confidence Median Days on Market reduced to 21 days. Homes consistently sold for 97.4% of list price, indicating continued seller confidence.   Broader Economic Influences   1. Interest Rates & Monetary Policy   The Bank of Canada held its benchmark rate at 2.75% on July 30, 2025, signaling cautious optimism about inflation and hinting at potential rate cuts in the near future. Analysts predict possible cuts before the year's end, which could positively impact affordability and market activity.   2. Trade and Tariff Tensions   Trade uncertainties, particularly U.S.-imposed tariffs, continue to affect economic confidence across Canada, impacting consumer spending and investment.   3. Canadian Economic Outlook   Canada experienced a slight economic contraction (-1.5%) in Q2 2025 due to export challenges. However, recent signs of housing market recovery (June national sales up 2.8%) indicate cautious optimism.   4. Local Economic Development   Ongoing growth in Sarnia’s bio-industrial and renewable energy sectors promises long-term job growth and housing market stability.   Advice for Buyers, Sellers & Investors   For Sellers: Prices remain robust; however, strategic pricing is key due to rising inventory and slight price softening.   For Buyers: Increased listings offer greater choice and potential negotiating power. Potential rate cuts could also enhance affordability in coming months.   For Investors: Stable market conditions and moderate price growth potential present attractive opportunities, particularly in balanced markets like Sarnia.   📚 References Bank of Canada July Interest Rate Announcement TD Economics on Canadian Housing Market Wall Street Journal on BoC Rate Decision Reuters - BoC Rate Unchanged CMHC Summer 2025 Housing Market Outlook Global News – Canadian Housing Recovery Signs Sarnia Economic Development CREA Stats for Sarnia   Looking for more real estate advice? Contact us to get started!   ### [How Newcomers to Canada Can Build Their Credit (and Set Themselves Up for Success)](https://www.sarniaproperty.com/blog_read/how-newcomers-to-canada-can-build-their-credit-and-set-themselves-up-for-success) How Newcomers to Canada Can Build Their Credit (and Set Themselves Up for Success)   Starting fresh in a new country is exciting—but it also comes with some big financial questions, especially when it comes to credit. In Canada, your credit score plays a major role in everything from renting a home to getting a car loan or applying for a mortgage. If you're a newcomer, building your credit from the ground up might feel overwhelming—but with the right steps, it’s absolutely doable.   Whether you're settling in a city like Toronto or right here in Sarnia-Lambton, this guide will walk you through how to build strong credit in Canada—and start your financial journey on the right foot.     Why Your Credit Score Matters in Canada   In Canada, your credit score is a three-digit number ranging from 300 to 900. It’s a snapshot of how well you manage your debt and repayments—and it can impact everything from whether you get approved for a credit card to the rate you’ll pay on a loan. Lenders, landlords, and even employers may request to check your credit as part of their approval process. That’s why building your credit early is one of the smartest financial moves you can make as a newcomer.   Step-by-Step: How to Build Credit as a Newcomer   1. Get a Social Insurance Number (SIN)   This is your first step. A SIN is required for work, taxes, and most financial accounts. You’ll need it to open credit accounts and begin establishing your credit history.   2. Open a Canadian Bank Account   Choose a trusted Canadian bank that offers newcomer programs. Many have tailored products for people without a credit history, making it easier to get started.   3. Apply for a Credit Card   If you don’t qualify for a standard credit card right away, consider a secured credit card, which uses a refundable deposit as your credit limit. Use the card regularly for small purchases—like groceries or cell phone bills—and always pay your balance on time.   4. Keep Credit Use Low   Credit bureaus look at how much of your credit limit you’re using. Try to stay under 35% of your limit. For example, if your credit limit is $1,000, aim to keep your balance under $350.   5. Pay On Time, Every Time   Payment history is one of the biggest factors in your credit score. Always pay your credit card bill, utility bills, and any loan payments on time. Even if you can only pay the minimum, make sure it’s paid by the due date.   6. Get a Postpaid Cell Phone Plan   If you're eligible, a postpaid plan can help build your credit—just like a credit card does. Paying your monthly phone bill on time adds another layer of positive activity to your credit report.   7. Limit the Number of Credit Checks   Every time you apply for credit, a “hard check” is made on your report. Too many checks in a short time can hurt your score. Be strategic—only apply when necessary.   8. Track Your Progress   You can check your credit score for free through most Canadian banks or credit bureaus like Equifax and TransUnion. Keeping an eye on your score helps you spot errors or fraud early.   Bonus Financial Tips for Newcomers   Building credit is just one part of your financial foundation in Canada. Here are a few more ways to stay financially healthy:   Create a simple monthly budget to track income, spending, and savings. Avoid high-interest debt like payday loans, which can quickly spiral. Build an emergency fund over time for unexpected expenses. Ask questions! Canada’s financial system may be different than what you’re used to. Banks, financial advisors, and local realtors are all great resources.   Local Tip: Starting Fresh in Sarnia-Lambton?   Newcomers often find that Sarnia-Lambton is a fantastic place to lay down roots. The cost of living is lower, people are friendly, and there are great local programs to help you get settled. Whether you're renting or thinking of buying, our team at Blue Coast Realty is here to help you feel at home.   Ready to Take the Next Step?   At Blue Coast Realty, we understand the newcomer journey because we’ve helped so many families just like yours. If you’re thinking about buying your first home—or just want local advice tailored to your situation—we’d love to connect. Book a meeting with a Blue Coast Realty, and let’s start building your future in Canada—one smart step at a time.     ### [Should You Sell First or Buy First? How to Decide in Sarnia Lambton’s Market](https://www.sarniaproperty.com/blog_read/should-you-sell-first-or-buy-first-how-to-decide-in-sarnia-lambtons-market) Should You Sell First or Buy First? How to Decide in Sarnia Lambton’s Market   If you’re planning to move in Sarnia-Lambton, one big question always comes up: Should you sell your current home before buying the next one—or buy first and sell later? In today’s market, where buyer and seller advantages even out, the best choice depends on your priorities, finances, and comfort with a little extra coordination. Here’s what to consider:     Buying First: Lock in Your Next Home   Pros:   Secure your ideal home before it’s gone. Offers more time to sell your current home at your own pace. Smooths moving logistics—you’ll know where you’re headed.   Cons:   You might need a bridge loan (or temporary financing) if your current house hasn’t sold. Budgeting becomes a bit trickier with two simultaneous mortgages.   Is it for you if:   You’ve found a must-have home in Sarnia-Lambton. Your finances are solid and you’re okay with possible overlap.   Selling First: Reduce Stress & Financial Risk   Pros:   No double mortgages—once it sells, you have cash or financing ready. You’ll know exactly how much you can afford on your next home. There's no stress of juggling two ongoing transactions.   Cons:   You may need to find temporary housing or arrange a lease until your next place is ready. Competition could be higher, limiting your options when buying.   Is it for you if:   You prefer simplicity and less financial juggling. You're okay renting or moving in with family for a short time.   Tips to Help You Decide   Get pre-approved early. Knowing what you qualify for gives you clarity. Build a timeline. Think about your ideal move-in and move-out dates. Talk with a realtor (like us!). We can help you assess your goals, run market analysis, and outline steps for either option. Have a backup plan. If you buy first, check your options for bridge financing. If you sell first, research short-term rental availability in the area.   🏡 What’s Next? Let’s Talk It Through   In Sarnia’s market, both selling first and buying first can work—it all comes down to your financial comfort and lifestyle preferences. I love helping clients figure out what’s right for them, not just what’s trending. Reach out to the Blue Coast Team to book a consultation. Let’s dive into your goals, your budget, and your dreams—and make your next move in Sarnia-Lambton a confident one.   ### [7 Smart Organization Tips for Small Spaces: Maximize Your Condo or Apartment](https://www.sarniaproperty.com/blog_read/7-smart-organization-tips-for-small-spaces-maximize-your-condo-or-apartment) Smart Organization Tips for Small Spaces: Making the Most of Your Condo or Apartment   Living in a condo or apartment has plenty of perks—less maintenance, great locations, and often a cozier, more efficient space. But with less square footage, organization becomes key to creating a home that feels open, functional, and clutter-free. Here are some smart tips to help you make the most of every square inch:     1. Think Vertical, Not Just Horizontal   When space is limited, your walls are prime real estate. Install floating shelves, tall bookcases, or wall-mounted hooks to keep essentials off the floor while adding style.   2. Invest in Multi-Functional Furniture   Choose pieces that work double-duty—like an ottoman with storage inside, a bed with drawers underneath, or a dining table that folds out when you need it. This helps reduce clutter without sacrificing comfort.   3. Use Hidden Storage Solutions   Under-the-bed bins, sofa storage compartments, and slim rolling carts that slide between appliances can hold seasonal items or extra pantry goods out of sight.   4. Keep Surfaces Clear   Cluttered countertops and tabletops can make a small space feel chaotic. Create “drop zones” with baskets or trays near the entryway, and store rarely used items in cabinets or drawers.   5. Maximize Closet Space   Add extra hanging rods, shelf dividers, and over-the-door organizers to make your closets work harder for you. Clear bins can help you see what’s inside without rummaging through.   6. Declutter Regularly   Small spaces can’t hide excess stuff. Make it a habit to go through your belongings seasonally, donating or selling what you no longer use.   7. Use Light and Mirrors to Your Advantage   Bright, airy spaces feel bigger. Keep window treatments light, use mirrors to reflect natural light, and choose a neutral colour palette for walls and large furniture pieces.   Final Thoughts:With the right strategies, even the smallest condo or apartment can feel spacious, comfortable, and uniquely yours. The key is being intentional about what you keep, how you store it, and making every piece in your home earn its spot.   ### [Meet the Blue Coast Crew: 8 Agents You'll Want in Your Corner](https://www.sarniaproperty.com/blog_read/meet-the-blue-coast-crew-8-agents-youll-want-in-your-corner) Meet the Blue Coast Crew: 8 Agents You'll Want in Your Corner (and Maybe at Your BBQ)   Real estate is a people business—and at Blue Coast Realty, we’re proud to have a team full of professionals who are not only great at what they do, but also down-to-earth, local, and genuinely fun to work with. Whether you’re buying your first home, investing, downsizing, or just looking for advice, these are the people you’ll want in your corner—and maybe even at your backyard BBQ when it’s all said and done.     Phil Sinha The numbers guy with a heart for real estate. With years in banking and a background in property investment, Phil combines sharp financial skills with a practical, no-pressure approach. His calm, honest guidance helps clients make smart, confident decisions.   Sean Ryan Broker of Record and the ultimate hometown expert. Sean brings over 16 years of experience, a deep love for the community, and a reputation for making the process smooth and straightforward. He’s also the guy who probably knows someone on every block.   Hilary Ryan Broker, marketer, and community champion. Hilary’s background in advertising means your home will never go unnoticed. Her passion for supporting local and lifting others up makes her a powerhouse behind the scenes—and on your side.   Kevin Ryan Construction-savvy, endlessly active, and always ready to lend a hand. Kevin brings a strong background in home building and teaching, with over 20 years of experience and a professor’s eye for detail. He never sits still for long and is the first to show up when help is needed—whether it’s answering a client question or moving a sign in the pouring rain. For Kevin, real estate is all about showing up and doing the work right.   Scott Leggett Well-traveled but always loyal to home, Scott is a lifelong Sarnia-Lambton resident who’s seen the beauty of North America—but still believes there’s no place quite like here. His appreciation for the community, the waterfront, and the people who make it special shines through in everything he does. Scott brings a calm, grounded presence to the team—and a deep understanding of what makes this area feel like home.   Mack Mallon Well-traveled, community-rooted. Mack brings global perspective and local insight to every deal. He’s got an eye for detail, a passion for helping people settle in, and a firm no-snake policy. Seriously—don’t call him if there are snakes involved.   Kasey Hughson Organized, creative, and client-first. Kasey blends business sense with marketing flair to showcase listings and guide clients through the process with clarity and care. If you want a smooth transaction with a personal touch—she’s your agent.     Melissa Jones Nature lover turned real estate pro. With 20 years of experience as a fitness coach and a deep love of the outdoors, Melissa brings warmth, energy, and a passion for active living to every client interaction. If she’s not showing homes, she’s probably out on the trails.   Why It Matters When you work with the Blue Coast Team, you’re not just getting an agent—you’re gaining access to a team that brings different strengths, shared values, and a love for the Sarnia-Lambton community. And hey, don’t be surprised if your real estate journey ends with a high-five, a housewarming gift, or an invite to one of our client appreciation events. Around here, we like to keep things professional—but never too serious.   Looking for an agent who knows their stuff and feels like a friend? Reach out to the Blue Coast Team. Let’s talk real estate—and maybe share a burger or two.   ### [Why Referrals Matter (& What It Means to Be ‘Blue Coast for Life’)](https://www.sarniaproperty.com/blog_read/why-referrals-matter-what-it-means-to-be-blue-coast-for-life) Why Referrals Matter (& What It Means to Be ‘Blue Coast for Life’)   At Blue Coast Realty, we believe in relationships that go far beyond a single sale. Whether you bought your first home with us, downsized into your next chapter, or just reached out with a real estate question—we’re here for you long after the deal is done. That’s why referrals mean so much to us. Not just because they help grow our business—but because they show trust. And that trust is the foundation of what we call being “Blue Coast for Life.”     What Is “Blue Coast for Life”?   When you work with our team, you become part of the Blue Coast family. That means:   We check in, even when you’re not actively buying or selling. You have lifetime access to real estate advice, home recommendations and local insight. We show up—whether it’s with a moving truck, a client appreciation event, or just a friendly coffee catch-up.   “Blue Coast for Life” means you’re never just a transaction to us. We’re in your corner for every stage of homeownership—and we’re proud when that connection grows into a long-term relationship.   Why Referrals Mean So Much   When someone refers us to a friend, family member, or co-worker, it tells us something powerful: you trust us with the people who matter most to you. That’s not something we take lightly. Your referral means we did our job right—so right that you’re willing to pass our name along. It means you felt heard, respected, supported, and well taken care of. We know how big of a decision buying or selling a home is, and we never take that trust for granted.   How You Can Be Part of It   Love your experience with us? Tell your friends! Know someone thinking of buying, selling, or investing? Send them our way. Not ready to move, but want to stay in the loop? Stay connected with our events, emails, and community updates.   Every referral helps us keep doing what we love—serving our community with care, honesty, and heart.   Once You’re With Us, You’re With Us   Whether we helped you move 10 years ago or just last month—you’re part of the Blue Coast story. And when you send someone our way, you’re helping us keep that story going. So thank you, truly. For trusting us, for sharing your experience, and for being part of something bigger than just buying and selling homes. You’re not just a client. You’re Blue Coast for Life.   ### [How to Use the Equity in Your Sarnia Home to Build Long-Term Wealth](https://www.sarniaproperty.com/blog_read/how-to-use-the-equity-in-your-sarnia-home-to-build-long-term-wealth) How to Use the Equity in Your Sarnia Home to Build Long-Term Wealth   If you’ve owned your home in Sarnia-Lambton for a few years or more, chances are you’ve built up significant equity—especially with the steady growth of the local real estate market. But equity isn’t just a number on paper. Used wisely, it can be a powerful tool for building long-term wealth. At Blue Coast Realty Brokerage, we help homeowners unlock the value in their properties to meet financial goals, invest in their future, and create more freedom. Here’s how you can do the same.     What is Home Equity and How Is It Calculated?   Home equity is the difference between what your home is worth and what you still owe on your mortgage. For example, if your home is valued at $500,000 and your remaining mortgage is $300,000, you have $200,000 in equity. You build equity through mortgage payments and market appreciation. Sarnia homeowners have seen values rise steadily in recent years, meaning your equity may be higher than you think.   Ways to Access Your Equity   There are several ways to tap into your home’s equity:   Home Equity Line of Credit (HELOC): A flexible option that works like a credit card tied to your equity Refinancing Your Mortgage: Replace your existing mortgage with a new one at a higher amount Home Equity Loan: A lump sum loan based on your equity   Speak with a mortgage broker or financial advisor to determine which option suits your situation best.   Smart Ways to Use Home Equity to Build Wealth   Here’s how savvy Sarnia homeowners are turning equity into long-term gains:   Buy an Investment Property: Use your equity as a down payment on a rental or vacation home Fund Renovations: Improve your current home’s value with upgrades that increase resale potential Start a Business or Side Hustle: Put your equity to work by launching a profitable venture Pay Off High-Interest Debt: Consolidate and eliminate credit card or loan debt to save on interest Invest in Education: Finance career development or education that boosts your earning potential   Risks and Considerations   Using equity is a powerful strategy—but not without risk. Be mindful of:   Borrowing more than you need Tapping equity for depreciating purchases Changing interest rates that affect repayments Market fluctuations that could reduce your home’s value   Work with trusted professionals to develop a smart, long-term plan.   Is Now the Right Time?   With interest rates stabilizing and home values holding steady in Sarnia for 2025, many homeowners are finding this a favourable time to access equity. If you're sitting on unused potential, it may be time to make your home work for you. Blue Coast Realty can connect you with experienced mortgage advisors and help you evaluate your home’s current value with a free assessment.   Your home is more than a place to live—it’s a financial asset that can open doors to wealth and opportunity. With smart planning and the right strategy, you can use your home equity to fund investments, reduce debt, or pursue the lifestyle you’ve been dreaming of!   Curious about how much equity you’ve built up in your Sarnia home? Contact Blue Coast Realty Brokerage for a free home evaluation and personalized guidance.       ### [How to Buy a Home in Sarnia as a Self-Employed Professional](https://www.sarniaproperty.com/blog_read/how-to-buy-a-home-in-sarnia-as-a-self-employed-professional) How to Buy a Home in Sarnia as a Self-Employed Professional   Buying a home is a big milestone, but if you're self-employed, the path to homeownership can feel more complex. Between fluctuating income, tax write-offs, and stricter lending requirements, it's common for freelancers, entrepreneurs, and independent contractors to feel overwhelmed. But don’t worry—if you work for yourself in Sarnia, Ontario, this guide is for you. At Blue Coast Realty, we understand the local market and the unique needs of self-employed buyers. Whether you're a graphic designer, contractor, or small business owner, here's everything you need to know to navigate the home-buying process with confidence.     Why Is It Different for Self-Employed Buyers?   Mortgage lenders typically look for stable, verifiable income. Traditional employees can show pay stubs and T4s. But self-employed individuals often have variable income and reduce their taxable income with business expenses—which can make it look like they earn less than they actually do. This means you may need to provide more documentation and go the extra mile to prove your financial reliability.   Step-by-Step: Buying a Home When You’re Self-Employed   Get Your Finances in Order Early   Start preparing at least 6 months before you plan to buy. Lenders typically want to see at least two years of consistent income. Here’s what you should gather:   Two years of personal and business tax returns Notices of Assessment from the CRA Financial statements from your business A detailed list of debts and assets Bank statements   A good accountant can help present your financials in a mortgage-friendly way.   Reduce Your Debt and Save for a Down Payment   Lenders look at your debt-to-income ratio, so paying off credit cards or loans can improve your chances. Also, try to save for at least a 20% down payment if possible. This helps you avoid mortgage insurance and demonstrates financial stability.   Improve Your Credit Score   Your credit score plays a major role in your mortgage approval. Pay bills on time, keep credit utilization low, and avoid taking on new debt in the months leading up to your application.   Work with a Mortgage Broker Who Understands Self-Employment   Not all lenders are the same. Some specialize in self-employed mortgages and may be more flexible in how they assess income. A mortgage broker can connect you with the right lender and help you package your documents properly.   Get Pre-Approved   Pre-approval gives you a clear sense of your budget and strengthens your offer when you find the right home. It also helps you identify any financial red flags early in the process.   The Sarnia Advantage: Why It’s a Great Place to Buy   Sarnia is an attractive market for self-employed professionals thanks to its affordable home prices, vibrant small business community, and laid-back lifestyle. Whether you want to live close to Lake Huron, near downtown amenities, or in a quiet family-friendly suburb, Sarnia has a wide variety of housing options. Plus, working remotely or running a local business here means you can enjoy a lower cost of living without sacrificing quality of life.   Common Challenges (And How to Overcome Them)   Challenge 1: Verifying Income Solution: Keep meticulous records and avoid overly aggressive tax write-offs in the years leading up to buying.   Challenge 2: Higher Interest Rates or Bigger Down Payments Solution: A strong credit score and solid documentation can help you negotiate better terms.   Challenge 3: Unpredictable Income Streams Solution: Show consistency year over year and keep a healthy cash reserve in your business and personal accounts.   Tips for a Smooth Buying Process   Keep your business and personal finances separate Don’t make large purchases before closing Consult with a real estate agent and mortgage broker early Understand what you can afford vs. what you qualify for Be honest about your financial picture   Final Thoughts   Buying a home in Sarnia as a self-employed professional is absolutely doable—you just need the right preparation and team. At Blue Coast Realty, we specialize in helping buyers like you navigate the process with ease. Our local expertise and network of trusted mortgage professionals can make all the difference. Whether you’re running your own business, freelancing, or working as a contractor, your dream home is within reach. With the right steps, you can turn the challenge of self-employment into a smart, strategic advantage.   Ready to Buy? Reach out to Blue Coast Realty today for personalized guidance on buying a home in Sarnia. We’ll help you understand your options, connect you with mortgage experts, and find a home that fits your lifestyle and budget.   ### [Can You Still Buy a Home in Sarnia With 5% Down?](https://www.sarniaproperty.com/blog_read/can-you-still-buy-a-home-in-sarnia-with-5-down) Can You Still Buy a Home in Sarnia With 5% Down?   If you’re dreaming of homeownership in Sarnia-Lambton but wondering if a 5% down payment is enough, you’re not alone. With rising home prices across Ontario, many buyers are questioning whether this traditional minimum down payment still opens doors. At Blue Coast Realty Brokerage, we work with buyers of all budgets and backgrounds to help them navigate the ever-changing landscape of Canadian home financing. In this blog, we’ll break down whether a 5% down payment is still realistic in 2025, what it buys you in Sarnia, and how to prepare financially.     Understanding the 5% Down Rule in Canada   In Canada, the minimum down payment on a home depends on its purchase price:   5% on the first $500,000 10% on the portion between $500,000 and $999,999 Homes over $1 million require 20% down   This means if you’re buying a home for $450,000, your minimum down payment is just $22,500. But remember: Homes with less than 20% down require mortgage default insurance, which adds to your total cost.   What Can You Buy in Sarnia With 5% Down in 2025?   As of mid-2025, the average home price in Sarnia is hovering around $475,000—well below the Ontario average. With 5% down, you could still find:   Detached homes in family-friendly areas like Wiltshire Park or Coronation Park Townhomes near schools and parks Smaller bungalows or semis in walkable neighbourhoods   Compared to Toronto or London, Sarnia offers significantly more buying power for first-time buyers and young families.   Getting Mortgage Approval With 5% Down   To qualify for a mortgage with only 5% down, lenders will look closely at:   Your credit score (ideally 680+) Debt-to-income ratio Employment stability and income level   Working with a mortgage broker or financial advisor can help you get pre-approved and understand what price range is realistic.   Tips to Improve Approval Odds:   Reduce outstanding debts Save additional funds for closing costs Secure stable, documented income   Hidden Costs to Budget For   Even with a 5% down payment, buyers should plan for additional expenses:   CMHC mortgage insurance (typically added to your mortgage) Land transfer tax (with rebates for first-time buyers) Legal fees and home inspections Moving costs and potential renovations   In Sarnia, these costs are generally lower than in larger urban centres, but they still add up. Budgeting $8,000–$12,000 in closing costs is a safe estimate.   Why Sarnia Is Ideal for Entry-Level Buyers   Sarnia offers a rare combination in today’s market:   Affordable housing under $500,000 Low property taxes compared to the GTA Slower-paced lifestyle with access to beaches and trails   Neighbourhoods like Mitton Village and the North End provide a range of affordable entry-level properties.   At Blue Coast Realty, we know the market inside and out and can help you uncover hidden gems that suit your budget and goals. In conclusion, yes, you can still buy a home in Sarnia with just 5% down—but preparation is key. With thoughtful budgeting, good credit, and guidance from experienced professionals, homeownership is within reach even in 2025. Let Blue Coast Realty Brokerage help you make it happen.   ### [Can You Trust the Real Estate Market? Our Honest Take on Buying and Selling in 2025](https://www.sarniaproperty.com/blog_read/can-you-trust-the-real-estate-market-our-honest-take-on-buying-and-selling-in-2025) Can You Trust the Real Estate Market? Our Honest Take on Buying and Selling in 2025   Let’s be real—everyone’s been asking the same question: “Is now a good time to buy or sell?” With so much talk about interest rates, housing prices, and economic ups and downs, it’s hard to know what to believe. We’re here to break it down for you. No scare tactics, no sugar-coating—just a clear, honest look at what’s really going on in the real estate market here in Sarnia-Lambton and across Canada in 2025.     What’s the Market Like Right Now?   So far, 2025 has been a bit of a mixed bag. Interest rates have started to come down slowly, which is good news for buyers. But prices haven’t dropped as much as some people expected. Instead, we’re seeing a fairly balanced market—meaning it’s not too hot and not too cold. Some homes are still selling fast, especially if they’re priced right and move-in ready. Others are taking a bit longer, depending on location and condition.   If You’re Thinking About Buying   Yes, home prices are still high compared to a few years ago. But here’s the thing—if you’re planning to stay in your home for several years, buying now can still make sense. Interest rates are more stable, and with fewer bidding wars, buyers have more room to negotiate and make smart choices. Plus, if you wait for the “perfect” time, you might miss out on homes that are a great fit for your needs right now. Tip: Get pre-approved for a mortgage before you start looking. It helps you shop with confidence and understand exactly what you can afford.   If You’re Thinking About Selling   Good news—homes are still selling! Especially if they’re well-maintained, priced right, and presented well. Buyers are being a little more cautious than they were during the peak market, but that just means your home needs to stand out. This is where things like curb appeal, staging, and professional photography really matter. A great first impression makes all the difference. Not sure if now is the right time? That’s okay! Some of our clients are taking summer photos now and waiting until fall or winter to list. Planning ahead is always a good move.   So… Can You Trust the Market?   Yes—but with the right mindset and the right plan. The market isn’t crashing, and it’s not skyrocketing either. It’s adjusting. That means you’ll need good advice, a clear strategy, and a realtor who actually listens to your goals. Whether you’re buying your first home, moving up, or thinking about selling, we’re here to give you straight answers and help you make smart, confident decisions.   Let’s Chat About Your Next Move   Thinking about buying or selling in 2025? Reach out to the Blue Coast Team—we’ll give you an honest look at what’s happening in your local market and help you decide what’s best for you.       ### [What is Your Sarnia Home Worth Today & How You Can Find Out for Free](https://www.sarniaproperty.com/blog_read/what-is-your-sarnia-home-worth-today-how-you-can-find-out-for-free) What is Your Sarnia Home Worth Today & How You Can Find Out for Free   Have you ever wondered how much your Sarnia home is worth in today's market? Whether you're thinking of selling, refinancing, or simply curious, knowing your home's current value is a powerful piece of information. And the best part? You can find out for free. At Blue Coast Realty Brokerage, we specialize in accurate, up-to-date home evaluations across Sarnia-Lambton. In this blog, we'll explore why your home's value matters, what factors influence it, and how you can get a free, professional estimate.     Why Knowing Your Home’s Value Matters Your home is likely your biggest investment. Understanding its market value helps with:   Planning a future sale or upgrade Refinancing or applying for a line of credit Estate planning or insurance updates Making informed renovation decisions   Even if you're not planning to sell, keeping tabs on your home's worth is part of smart homeownership.   What Influences Your Sarnia Home’s Market Value? Several local and personal factors affect what your home is worth:   Location: Neighbourhoods like Bright’s Grove, Twin Lakes, and College Park each have their own market trends Recent Sales: Comparable homes that have sold in your area set the benchmark Home Condition: Renovations, upgrades, and maintenance directly impact value Lot Size and Features: Garages, finished basements, pools, and landscaping can increase marketability Market Conditions: Interest rates, inventory, and buyer demand all shift how much your home is worth at any given time   Online Estimators vs. Local Expertise You’ve probably seen online home value calculators. While they offer a ballpark figure, they can’t account for:   Local neighbourhood dynamics Interior upgrades Unique home features or condition   That’s why local real estate knowledge makes all the difference. At Blue Coast Realty, we combine data with boots-on-the-ground insight for more accurate pricing.   How to Get a Free Home Evaluation in Sarnia Getting a professional home value estimate doesn’t have to cost you a dime. Here's how we do it:   You fill out a quick online form or call our office Our team evaluates your home, recent sales, and market conditions You receive a detailed report on your home’s current market value   There’s no pressure to list your home—but we’ll show you what it could sell for today, and even what improvements might increase its value.   When Should You Request a Home Evaluation? Here are a few situations when a home value check is a smart move:   You're considering listing in the next 6–12 months You're curious about your equity for a HELOC or refinance You're planning renovations and want to know their return You haven’t reviewed your home’s value in over a year   Sarnia’s market has been active in 2025, and your home’s value may have changed more than you think.   You don’t have to guess what your Sarnia home is worth. With a free, professional home evaluation from Blue Coast Realty Brokerage, you’ll get the insights you need to plan confidently—whether you're selling, staying, or just staying informed.   Want to know what your home could sell for in today’s Sarnia market? Contact Blue Coast Realty Brokerage for a free, no-pressure home evaluation today.   ### [The True Cost of Waiting: Why Buying a Home in Sarnia Sooner Might Save You Thousands](https://www.sarniaproperty.com/blog_read/the-true-cost-of-waiting-why-buying-a-home-in-sarnia-sooner-might-save-you-thousands) The True Cost of Waiting: Why Buying a Home in Sarnia Sooner Might Save You Thousands   With interest rates, housing supply, and inflation in the headlines, many Sarnia residents are asking: Should I wait to buy a home? While it’s natural to hope for a better deal down the road, waiting can come with hidden costs. At Blue Coast Realty Brokerage, we help buyers understand the full picture. In this blog, we’ll explore why acting sooner rather than later could actually save you thousands—and put you in a better financial position long-term.     Home Prices Are Still Creeping Up While Sarnia’s market has remained more balanced than major cities, home prices are still trending upward in 2025. Even modest annual increases of 3–5% can add tens of thousands to the cost of a home if you wait a year or more.   Buying now locks in today’s price—and gets you into the equity game faster.    Interest Rates Could Rise Again Interest rates have stabilized in 2025, but they’re still subject to change. Even a 0.5% rate increase can significantly affect your monthly payment and overall borrowing costs   Example: On a $450,000 mortgage, a 0.5% increase could cost you an extra $130–$180 per month.   You’re Missing Out on Building Equity Every month you rent or delay buying, you’re paying off someone else’s mortgage instead of your own. Buying a home—even modestly—puts you on the path to building equity with every payment.   Over time, equity builds wealth and provides options, whether it’s refinancing, investing, or upgrading later on.   Inflation Affects More Than Prices As the cost of living rises, waiting means your down payment, closing costs, and renovation budgets may not go as far. Buying sooner helps you beat inflation and maximize the value of your money today.   The Rental Market Isn’t Getting Cheaper Rental prices in Sarnia have increased in step with demand. If you're waiting to buy while continuing to rent, you may be spending more than you'd pay on a mortgage—and getting none of the ownership benefits.   Buying sooner allows you to stabilize your housing costs and invest in your own future.   Personal Growth and Stability Homeownership brings more than financial gain—it offers stability, personal pride, and the ability to customize your space. Whether you're starting a family, building a career, or planning for retirement, owning a home can support your goals.   Waiting might seem safer, but in Sarnia’s evolving market, it could actually cost you more in the long run. From rising home prices to the missed opportunity of equity growth, buying sooner could be one of the smartest financial moves you make. Thinking about buying a home in Sarnia? Contact Blue Coast Realty Brokerage today for honest advice, current listings, and local market expertise.       ### [How to Choose the Right Realtor in Sarnia (Even if It's Not Us)](https://www.sarniaproperty.com/blog_read/how-to-choose-the-right-realtor-in-sarnia-even-if-its-not-us) How to Choose the Right Realtor in Sarnia (Even if It's Not Us) Choosing the right realtor can make all the difference when buying or selling a home in Sarnia, Ontario. With so many agents available, it's easy to feel overwhelmed. At BlueCoast Realty, we genuinely want you to find the perfect match for your real estate journey—even if that means choosing someone else. Here's how to make a smart, informed decision when selecting a realtor in Sarnia.     Understand Your Needs First   Before you start interviewing realtors, clarify your goals. Are you a first-time homebuyer? Downsizing? Relocating to or from Sarnia? Different agents specialize in different areas. Knowing your specific needs will help narrow your search. Tip: Create a checklist of what matters most to you—local knowledge, communication style, availability, marketing strategies, or negotiation skills.   Look for Local Expertise   Sarnia is a unique market with its own trends, neighbourhood quirks, and community vibe. An experienced local agent will know the ins and outs of areas like Bright's Grove, Point Edward, or Corunna.   Ask potential realtors: How long have you worked in Sarnia? What neighbourhoods do you specialize in? Can you share recent success stories or testimonials from local clients?   Check Their Track Record   Don’t just rely on charisma. Review their past performance:   Listings and sales in the past year Average days on market Average list-to-sale price ratio Online reviews and ratings on platforms like Google, Rate-My-Agent, or Facebook   Remember: A proven track record indicates consistency and skill.   Interview More Than One Agent   Even if you get a great first impression, talk to at least two or three agents. This helps you compare:   Marketing strategies Professional demeanor Fees and commissions Communication approach   Pro Tip: Don't be afraid to ask hard questions like "Why should I choose you over someone else?"   Gauge Communication Style   You’ll be in close contact with your agent throughout the process, so compatibility is key. Some clients prefer frequent updates, while others just want the big picture. Make sure your styles align.   Try this:   Send an email or text inquiry and see how quickly and clearly they respond. Ask how they prefer to communicate: phone, email, video call?   Review Their Marketing Approach (Especially for Sellers)   If you’re selling a home in Sarnia, ask to see a sample marketing plan. Great agents will showcase your home through:   Professional photography and video tours Targeted social media campaigns MLS exposure and online advertising Open houses and private showings   A well-marketed listing often means a faster sale at a better price.   Trust Your Gut (But Verify Everything)   A good realtor makes you feel confident and informed. Trust your instincts, but also do your homework:   Verify credentials and licensing through RECO (Real Estate Council of Ontario) Confirm their brokerage is in good standing Ask for references   Look for a Long-Term Partner   Whether you’re buying or selling, this isn’t just a one-time transaction—it’s a relationship. Great agents provide advice and support even after closing.   They should:   Offer insights into local services and trades Help you navigate future investments Stay in touch for years to come   Final Thoughts   Choosing the right realtor in Sarnia can feel like a big decision—and it is. But by taking a thoughtful, informed approach, you’ll find a professional who truly fits your goals and values. At BlueCoast Realty, we’re here to guide and support you, whether you choose us or not. Because in the end, a well-informed client makes for a healthier real estate market for everyone. Looking for guidance? Whether you're buying your first home or selling your family property, reach out to BlueCoast Realty in Sarnia for expert, no-pressure advice tailored to your needs.   ### [Behind the Numbers: What the Sarnia Housing Market Really Says About 2025](https://www.sarniaproperty.com/blog_read/behind-the-numbers-what-the-sarnia-housing-market-really-says-about-2025) Behind the Numbers: What the Sarnia Housing Market Really Says About 2025   The Sarnia-Lambton housing market in 2025 is telling a much deeper story than the usual headlines. While national news might suggest a cooling market or skyrocketing prices, what’s really happening in Sarnia is a reflection of local priorities, demographic shifts, and evolving buyer behavior.     A Snapshot of the Market   In the first half of 2025, Sarnia's real estate market experienced steady activity with moderate price adjustments. Unlike the volatility seen in major urban centers like Toronto or Vancouver, Sarnia's market has maintained a balance. Home prices have slightly increased year-over-year, with detached homes averaging around $500,000, up 3% from 2024. Inventory levels have remained relatively low, leading to quicker sales for well-priced homes. The average days on market is around 22 days, signaling a still-competitive environment for buyers, especially in desirable neighbourhoods like Bright's Grove and Errol Village.   Buyer Demographics Are Changing   One of the biggest shifts is the rise in first-time homebuyers and retirees relocating from larger Ontario cities. With affordability still a key advantage in Sarnia, younger buyers are drawn to the possibility of owning detached homes rather than settling for condos in the GTA. Meanwhile, retirees are discovering Sarnia's scenic waterfront, slower pace of life, and lower cost of living.   Investment Interest on the Rise   Sarnia is also catching the attention of real estate investors. Google trends show rising interest in search terms like "Ontario real estate investment" and "affordable rental properties," especially from out-of-town buyers. Investors see Sarnia as a stable market with potential for rental income, particularly with Lambton College attracting students year-round.   What About Interest Rates?   While interest rates in Canada remain a concern for some buyers, many in Sarnia are adjusting their expectations. Fixed-rate mortgages are the preferred choice in 2025, providing more predictability. Local mortgage brokers report increased activity as buyers look to lock in rates before potential hikes later this year.   Key Neighbourhood Trends   Bright’s Grove: Continues to be a top choice for families and retirees alike. Proximity to the beach and community amenities keep demand high. Point Edward: A hotspot for downsizers who still want to be close to the action but in a quieter, scenic area. College Park: Attracting investors and young professionals due to its location near Lambton College.   Challenges to Watch   Low inventory and construction delays continue to be challenges in 2025. With fewer new builds and increased demand, competition remains stiff. Sellers hold the advantage in certain segments, but realistic pricing is still crucial.   What This Means for You   Whether you're buying, selling, or investing in Sarnia-Lambton, 2025 presents opportunities if you understand the local market. Prices are stable, demand is strong, and key neighbourhoods are thriving. Working with local experts like Blue Coast Realty Brokerage ensures you have up-to-date insights and a strategy tailored to your goals.   Final Thoughts   The Sarnia housing market isn’t just about numbers. It's about people choosing a lifestyle, downsizing to a peaceful lakeside town, or buying their first home in a community where they can actually afford a yard. Behind every sale is a story—and Sarnia's 2025 story is one of resilience, growth, and opportunity.   ### [Sarnia-Lambton Real Estate Market Update: August 2025](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-august-2025) Sarnia-Lambton Real Estate Market Update: August 2025 If you're following the real estate scene in Sarnia-Lambton, August 2025 brought some encouraging trends and helpful signals for both buyers and sellers. Whether you're planning to make a move soon or simply staying informed, this breakdown of the latest market stats will give you a clear picture of where things stand.   August 2025 Market Snapshot The month of August showed a noticeable bump in activity across the Sarnia-Lambton realestate market. • Homes Sold: 143 (↑ 25% YOY)• Total Dollar Volume: $75.2 million (↑ 23% YOY)• New Listings: 256 (down 1.5%)• Active Listings: 644 (↑ 5.7%)• Average Sale Price: $525,846 (↓ 1.7%)• Median Sale Price: $481,000 (↑ 3.1%)• Days on Market: 26 (vs. 21.5 last year)   Year-to-Date Performance (January to August 2025) • Total Homes Sold: 1,101 (↑ 6.3% YoY)• Total Dollar Volume: $593 million (↑ 8.3%)• Average YTD Sale Price: $539,139 (↑ 1.9%)• Median YTD Sale Price: $485,000 (↑ 1.9%)• Average Days on Market YTD: 25 (vs. 22 in 2024)   What This Means for Sellers If you’re thinking of selling, the market remains healthy. Homes are selling, and pricesremain relatively stable. But: • Proper pricing is more critical than ever.• Overpriced homes are likely to sit longer as buyers have more choice.• Staging and presentation can make a big difference in getting strong offers. What This Means for Buyers For buyers, the news is promising: • There are more listings to choose from.• Price growth has stabilized, giving buyers time to consider their options.• Negotiation power has increased slightly as homes stay on the market longer. ✉️ Advice from a Local Expert We’re seeing an active and balanced market in Sarnia-Lambton right now. While some buyers are still waiting on the sidelines, others are taking advantage of more selection and slightly more negotiation room. Sellers who work with experienced agents and pricestrategically are still seeing strong results – Sean Ryan, Blue Coast Realty Local Neighbourhood Highlights • Bright’s Grove: Popular for families seeking proximity to the lake.• Corunna: A top pick for commuters heading to the Chemical Valley.• Point Edward: Holding value well thanks to walkability and boutique charm.   What to Watch Heading into Fall 2025 • Interest rates: Any changes could impact buyer affordability and seller strategy.• Inventory levels: Will listings continue to grow?• Buyer confidence: If economic conditions remain stable, we could see continuedmomentum.   Final Thoughts The Sarnia-Lambton market is showing strong signs of balance. Both buyers and sellers have opportunities, but success will come from good timing, smart pricing, and expertguidance. If you’re thinking about buying or selling in Sarnia-Lambton, now is a great time to discuss your goals with a local real estate expert. Contact Sean Ryan at Blue Coast Realty Whether you're buying your first home, selling your family property, or investing in the local market, Sean Ryan and his team at Blue Coast Realty offer trusted insight and provenresults. Reach out today to get personalized advice and the latest local market trends.   ### [Your 2025 Fall Home Maintenance Checklist (Sarnia Edition)](https://www.sarniaproperty.com/blog_read/your-2025-fall-home-maintenance-checklist-sarnia-edition) Your 2025 Fall Home Maintenance Checklist (Sarnia Edition)   As the leaves start to change and temperatures dip in Sarnia-Lambton, it's time to prepare your home for the colder months ahead. Fall is a crucial season for home maintenance in Ontario—especially with our fluctuating weather and lake-effect snow. At Blue Coast Realty Brokerage, we know that maintaining your home protects not only your investment but also your comfort and safety. Whether you're a new homeowner or a long-time resident, this 2025 fall maintenance checklist will keep your Sarnia home in top shape.     Inspect and Clean Gutters and Downspouts     Clogged gutters can lead to roof leaks and foundation issues. Clean out leaves and debris, check for sagging or damage, and ensure downspouts direct water at least 6 feet away from your foundation. Sarnia Tip: With all the maple trees in areas like Bright’s Grove and Twin Lakes, this task may need to be repeated mid-season.   Check Roof   Fall is a great time to inspect your roof before snow makes it harder to access. Look for missing or curled shingles, damaged flashing, and signs of water penetration in your attic. Safety Note: Consider hiring a local roofing pro if you’re unsure or uncomfortable climbing.   Seal Gaps and Cracks   Gaps and cracks around windows and doors drafts are common in older Sarnia homes. Use caulking and weatherstripping to seal up leaks and keep heating costs in check. Bonus: A quick $20 weatherproofing job can save you hundreds over the winter.   Service Your Furnace and Replace Filters   Book your annual HVAC service now before technicians are booked up. Change or clean filters to improve air quality and system efficiency. Sarnia Reminder: If your home has baseboard heaters or a boiler, test them early in the season.   Winterize Outdoor Faucets and Irrigation Systems   Drain and shut off outdoor taps to prevent burst pipes. Blow out sprinkler systems or hire a local service to do it for you. Tip: Don’t forget to disconnect and store hoses!   Clean and Store Summer Equipment   Give your lawnmower, trimmer, and garden tools a proper cleaning and store them in a dry place. Empty fuel tanks or add stabilizer to prevent issues next spring. Local Insight: Fall clean-up at Canatara Park or your own backyard is easier with organized tools.   Inspect the Foundation and Basement   Check for moisture around your home and look for cracks, pooling water, or musty smells. Addressing minor leaks now can prevent major winter damage. Bonus: Consider a dehumidifier if your basement feels damp.   Prepare Your Fireplace or Wood Stove   If you use a fireplace or wood stove, have it professionally cleaned and inspected. Stock up on seasoned wood and check your chimney cap. Sarnia-Specific: Chimney caps help keep raccoons and birds out—common intruders in our area.   Test Smoke and Carbon Monoxide Detectors   Change batteries and test all alarms. Heating season is peak time for CO buildup and fire risks. Local Tip: Sarnia Fire Rescue recommends checking these monthly and replacing units every 10 years.       10.  Clean Windows and Install Storm Windows   If Needed Let in more natural light during shorter days and increase insulation by installing storm windows. Clean the panes to keep your views of the fall colours crisp and clear.   A little fall prep goes a long way in Sarnia’s ever-changing climate. From heating checks to sealing drafts, these maintenance tasks can prevent costly repairs and keep your home cozy all winter long. If you’re unsure where to start or need contractor recommendations, Blue Coast Realty Brokerage is happy to help. Thinking of buying or selling before the snow flies? Contact Blue Coast Realty for expert advice tailored to the Sarnia-Lambton market.   ### [Outgrowing Your Home? 7 Signs it Might Be Time to Upsize in Sarnia](https://www.sarniaproperty.com/blog_read/outgrowing-your-home-7-signs-it-might-be-time-to-upsize-in-sarnia) Outgrowing Your Home? 7 Signs it Might Be Time to Upsize in Sarnia   Does your Sarnia home suddenly feel a little cramped? As families grow and lifestyles change, the space that once seemed perfect can start to feel restrictive. Whether you're working from home more, expanding your family, or just craving more breathing room, it might be time to consider upsizing. At Blue Coast Realty Brokerage, we’ve helped countless homeowners in Sarnia-Lambton recognize when it’s time to move up. Here are 7 clear signs you might be ready for a bigger home.     You’ve Outgrown the Bedrooms and Bathrooms   If your kids are sharing rooms, guests are sleeping on couches, or you’re constantly waiting for the bathroom, your home may no longer be meeting your needs. More space can dramatically improve your family’s comfort and privacy.   Storage is Overflowing Are closets bursting and basement bins piling up? If you're running out of places to put your stuff—even after decluttering—it may be time to look for a home with more built-in storage or a larger garage.   You Need a Dedicated Home Office or Workspace   With more people working remotely, the need for a quiet, functional home office has become essential. If your kitchen table or bedroom corner is doubling as your workspace, upsizing could bring much-needed productivity and peace.   Your Outdoor Space Feels Too Small   Backyard BBQs and playtime shouldn’t feel cramped. If your outdoor space doesn’t support your lifestyle—especially in Sarnia’s warmer months—it may be time to find a home with a bigger yard, deck, or even a pool.   Your Lifestyle Has Changed   Maybe you’re entertaining more, caring for elderly parents, or have taken up hobbies that need more space. If your current layout doesn’t align with your new lifestyle, upsizing might be the best solution.   The Market Is in Your Favour   If Sarnia’s real estate market is strong and your current home has appreciated in value, selling now could give you the equity boost needed to upsize. At Blue Coast Realty, we can help you determine the right time to make your move.   You’re Financially Ready for the Next Step   If you’ve built equity, improved your credit, and your income has increased, you may be in a strong position to handle a larger mortgage. It's worth exploring what you can comfortably afford.   If several of these signs sound familiar, it may be time to start exploring upsizing opportunities in Sarnia. Whether you’re looking for more space, modern features, or a better layout, Blue Coast Realty Brokerage can guide you through every step of your transition.   Ready to upsize your lifestyle? Contact Blue Coast Realty today for expert advice and local listings that match your growing needs.   ### [Moving to Sarnia With Kids: Schools, Sports and Settling In](https://www.sarniaproperty.com/blog_read/moving-to-sarnia-with-kids-schools-sports-and-settling-in) Moving to Sarnia With Kids: Schools, Sports and Settling In   Are you considering relocating to Sarnia-Lambton, Ontario with your family? You’re not alone. More and more families are discovering the charm of Sarnia's waterfront lifestyle, affordable housing, and welcoming community. At Blue Coast Realty Brokerage, we specialize in helping families make smooth transitions into this vibrant corner of southwestern Ontario. In this blog, we’ll walk you through everything parents need to know about moving to Sarnia with children—from school options and sports leagues to making your new house feel like home.     Why Families Are Choosing Sarnia-Lambton   Sarnia offers an ideal balance of small-town comfort and big-city amenities. With stunning views of Lake Huron, a lower cost of living than the GTA, and short commute times, it's no wonder Sarnia is attracting young families. The city also boasts strong community values, numerous parks, and ample recreational facilities.   Key Family-Friendly Benefits:   Safe neighbourhoods with community watch programs Abundant green space and waterfront trails Affordable detached homes compared to Ontario’s larger cities A tight-knit, welcoming community   Understanding the Local School System   Sarnia-Lambton is home to a range of public, Catholic, and private schools under the Lambton Kent District School Board and St. Clair Catholic District School Board. Families will find:   Elementary and secondary schools with strong academic reputations French Immersion and bilingual programs Options for special education and gifted programs   Whether you're looking for walkability or school bus access, Blue Coast Realty can help you find a home in the right school catchment.   Sports and Recreational Opportunities for Kids   From hockey to dance, Sarnia offers activities that cater to all interests and age groups. The city supports a robust lineup of youth sports leagues, arts programs, and community centres.   Popular Kid-Friendly Activities:   Sarnia Hockey Association Bluewater Cheer Athletics YMCA of Southwestern Ontario Canatara Park Beach and playgrounds   Finding the Right Home for Your Family   When relocating with children, your home needs to support family life. Look for features like fenced yards, proximity to schools and parks, and family-friendly neighbourhoods such as:   Bright’s Grove: Great schools and beach access Twin Lakes: Quiet streets and community feel Wiltshire Park: Close to parks and shopping   At Blue Coast Realty, we understand what families need in a home. We’ll match you with properties that tick all the boxes for safety, space, and community amenities.   Tips for Settling In Quickly   Moving can be overwhelming, but there are ways to ease the transition:   Join Facebook groups like “Sarnia Moms” or “Lambton Parents” for tips and connections Register your kids in local sports or arts programs early Attend city events to meet neighbours Explore local libraries and family centres   Sarnia-Lambton isn’t just a great place to live—it’s a great place to grow a family. From top-tier schools and recreational activities to safe, family-oriented neighbourhoods, this Ontario gem has it all. If you’re planning a move, Blue Coast Realty Brokerage is here to help you every step of the way.   For tailored advice and the latest listings in Sarnia real estate, contact Blue Coast Realty Brokerage today!   ### [5 Real Estate Scams to Watch Out for in Ontario (and How to Protect Yourself in Sarnia)](https://www.sarniaproperty.com/blog_read/5-real-estate-scams-to-watch-out-for-in-ontario-and-how-to-protect-yourself-in-sarnia) 5 Real Estate Scams to Watch Out for in Ontario (and How to Protect Yourself in Sarnia)   Buying or selling a home is one of the biggest financial decisions most people make in their lifetime. Unfortunately, the real estate world isn't immune to scams, and both buyers and sellers in Ontario need to stay vigilant. Whether you're navigating the Sarnia real estate market or exploring other parts of the province, understanding common scams can save you from costly mistakes. At Blue Coast Realty Brokerage, we prioritize your safety and peace of mind. Here are five real estate scams to be aware of in Ontario, plus how to avoid them—especially right here in Sarnia.     Phantom Rentals   The Scam: Fraudsters post fake rental listings for properties they don’t own, often copying photos from legitimate listings. They collect deposits from hopeful renters and disappear. How to Protect Yourself in Sarnia: Never send money without viewing the property in person. Work with reputable local property managers or agents. In Sarnia, always verify listings through trusted platforms or through your agent at Blue Coast Realty.   Title Fraud   The Scam: Criminals use stolen identities to forge documents and transfer property titles to their name. They can then secure mortgages or even sell the property without the owner’s knowledge. How to Protect Yourself in Sarnia: Get title insurance when purchasing a home. Regularly check your property title, especially if it’s unoccupied. Blue Coast Realty ensures every transaction includes proper legal checks.   Fake Real Estate Agents   The Scam: Some scammers pose as licensed agents or brokers, using fake credentials to collect upfront fees or deposits from unsuspecting buyers and renters. How to Protect Yourself in Sarnia: Always verify the agent’s registration through the Real Estate Council of Ontario (RECO). Blue Coast Realty agents are fully licensed and local to the Sarnia area—you can meet us in person, anytime.   Foreclosure and Distress Sale Scams   The Scam: You may see a property advertised as a “must-sell fast” deal due to foreclosure. Scammers offer it at a steep discount, pressuring you to act quickly with little paperwork or visibility. How to Protect Yourself in Sarnia: Be cautious of listings that seem too good to be true. Consult with your local Sarnia real estate agent to validate the listing and property history. At Blue Coast Realty, we vet every listing for authenticity.   Wire Fraud in Closings   The Scam: Hackers intercept emails between buyers and lawyers or agents, altering wire transfer instructions. Buyers unknowingly send their down payment to the scammer’s account. How to Protect Yourself in Sarnia: Always verify payment details by calling your lawyer or agent using a known number. Never rely on wire instructions sent solely via email. Blue Coast Realty uses secure communication and closing procedures.   Final Tips to Stay Safe in the Sarnia Real Estate Market   Work with local, reputable professionals: Blue Coast Realty is a trusted name in Sarnia for a reason. We guide you through every step. Never rush into deals: Scammers prey on urgency. Take your time. Use secure, traceable payment methods: Avoid cash and ensure contracts are legally reviewed. Trust your instincts: If something feels off, investigate further.   Real estate scams are real—but with education, vigilance, and a trustworthy team on your side, you can navigate the market with confidence.   Thinking about buying or selling in Sarnia? Contact Blue Coast Realty Brokerage for expert advice, trusted service, and safe transactions every step of the way.   ### [Why Sarnia - Lambton is a Hidden Gem for Families and Retirees](https://www.sarniaproperty.com/blog_read/why-sarnia-lambton-is-a-hidden-gem-for-families-and-retirees) Why Sarnia - Lambton is a Hidden Gem for Families and Retirees   If you're looking for a place that offers a strong sense of community, a lower cost of living, and all the comforts of a well-rounded lifestyle, Sarnia-Lambton might just be the hidden gem you've been searching for. Nestled along the shores of Lake Huron, this Southwestern Ontario region has become increasingly popular with families and retirees alike—and for good reason. Here’s why more people are choosing to call Sarnia-Lambton home.         A Slower Pace, Without Sacrificing Amenities   One of the most common pieces of feedback we hear from people relocating from larger cities like Toronto or London is how pleasantly surprised they are by the slower, more relaxed pace of life in Sarnia-Lambton. But don’t mistake “slower” for “sleepy”—this region offers many of the same amenities you'd find in a big city, just without the congestion and sky-high costs. From top-notch recreation centres like Pathways, the Mooretown Sports Complex, and the YMCA, to a strong selection of local restaurants and shops, there’s no shortage of things to do. Whether it’s a morning coffee from your favourite local spot or an afternoon walk along the waterfront, life in Sarnia-Lambton feels full—just more peaceful.   An Affordable, Welcoming Community   Affordability is a major draw, especially for retirees looking to make the most of their pensions or families hoping to find a comfortable home without stretching their budgets. Compared to many other parts of Ontario, the cost of living in Sarnia-Lambton is refreshingly reasonable. But what truly sets this area apart is the people. Newcomers often tell us they’re blown away by how friendly and welcoming the community is. It doesn’t take long to feel like you belong here—something that’s hard to put a price on.   Family-Friendly and Retirement-Ready   Sarnia-Lambton is full of features that appeal to both young families and retirees. Excellent schools and healthcare facilities, including a well-equipped local hospital, offer peace of mind. Beautiful Blue Flag beaches, golf courses, parks, walking trails, tennis and pickleball courts provide the perfect setting for active lifestyles. Families love the abundance of outdoor spaces and community programming. With dozens of parks, weekly farmers markets, and kid-friendly activities, there’s always something going on. Meanwhile, retirees appreciate the balance of tranquility and engagement—from summer concert series to vibrant local markets, there's no shortage of ways to stay social and connected.   Discover the Charm of Sarnia-Lambton   Whether you're raising kids or enjoying retirement, Sarnia-Lambton offers the perfect blend of comfort, community, and convenience. It’s the kind of place that feels like home the moment you arrive—and one that many wish they’d discovered sooner. Thinking about making a move? We’d love to help you explore all the reasons why Sarnia-Lambton could be the perfect fit for your next chapter.   ### [Is It Time to Trade Snow for Sunshine? Why Some Sarnia Homeowners Are Selling to Travel or Downsize](https://www.sarniaproperty.com/blog_read/is-it-time-to-trade-snow-for-sunshine-why-some-sarnia-homeowners-are-selling-to-travel-or-downsize) Is It Time to Trade Snow for Sunshine? Why Some Sarnia Homeowners Are Selling to Travel or Downsize   If you’ve ever dreamed of skipping the snow and spending your winters somewhere warm, you’re not alone. More Sarnia homeowners are deciding that now is the right time to sell, simplify, and start living life on their own terms. Whether it’s to travel, buy a condo in a sunnier climate, or downsize to a more manageable space, this growing trend is about freedom, flexibility, and financial clarity. At Blue Coast Realty Brokerage, we’re seeing a rising number of clients making this lifestyle move. Could it be right for you?     Downsizing Isn’t Just for Retirees Anymore While retirees have traditionally led the downsizing trend, younger homeowners and early retirees are joining the movement. With remote work, changing family needs, and a desire for more freedom, many are trading square footage for experiences. In Sarnia, this might mean selling a large home in Bright’s Grove or Twin Lakes and opting for a low-maintenance townhouse or condo closer to downtown or the waterfront.   Rising Home Values = More Opportunity   Sarnia's real estate market has been strong through 2025, with many homeowners sitting on significant equity. Selling now could give you the financial flexibility to:   Buy a smaller property outright Travel without a mortgage Invest in a vacation home in warmer climates like Florida, Arizona, or Mexico   Say Goodbye to Snow Shovels and High Maintenance     From snow removal to roof repairs and yard upkeep, maintaining a large home can be a drain—physically and financially. Downsizing or selling gives you the chance to simplify your life and free up your time. Condo living or retirement communities in Sarnia also offer built-in maintenance services, giving you peace of mind year-round.   Embrace a Travel-Friendly Lifestyle     Without the worry of a large property, many homeowners feel more comfortable leaving home for extended periods. Snowbirds can enjoy warm-weather getaways without the stress of upkeep or security back home. Some even opt to rent seasonally instead of owning, giving them more flexibility and fewer financial commitments.   It Might Be the Right Time to Cash Out     If you’ve lived in your home for 10, 20, or even 30 years, you’ve likely built up considerable value. With interest rates and buyer demand still steady in Sarnia, listing your home now could position you to sell at top value. At Blue Coast Realty, we can provide a no-obligation home evaluation and help you understand how your home fits into current market conditions.   Where Are People Going?     Some Sarnia homeowners are relocating full-time to warmer provinces or the U.S. Sunbelt. Others are moving into right-sized homes here in Sarnia and using the extra cash to travel more, help family, or invest in their future. Popular downsizing moves include:   Modern condos in Sarnia’s downtown core Low-maintenance homes in Corunna or Bright’s Grove Seasonal homes in snowbird destinations   Selling your home to downsize or travel isn’t just a financial decision—it’s a lifestyle choice. And for many in Sarnia, it’s a choice that leads to more freedom, less stress, and better use of hard-earned equity. If you’re ready to explore your options, Blue Coast Realty Brokerage is here to guide you. From home evaluations to helping you find the right next step, we’ll help you make the move that’s right for you.   Thinking about trading snow for sunshine? Contact Blue Coast Realty today for a free, friendly consultation.   ### [Is the Renovation Worth It? What Actually Adds Value in the Sarnia Real Estate Market](https://www.sarniaproperty.com/blog_read/is-the-renovation-worth-it-what-actually-adds-value-in-the-sarnia-real-estate-market) Is the Renovation Worth It? What Actually Adds Value in the Sarnia Real Estate Market   Renovating your home can be exciting—and expensive. Whether you're preparing to sell or simply want to invest wisely in your property, not all renovations are created equal. In the Sarnia, Ontario real estate market, some updates offer a strong return on investment, while others barely move the needle. At Blue Coast Realty Brokerage, we’ve helped countless homeowners make smart decisions about home upgrades. So before you swing the hammer, let’s break down what actually adds value in Sarnia—and what might be better left undone.     Kitchen Updates That Make Sense   In most Ontario markets, the kitchen is king—and Sarnia is no different. Buyers consistently prioritize updated kitchens, but that doesn’t mean you need to gut it and start over.   What Works in Sarnia:   Replacing dated countertops with quartz or granite Installing new cabinet hardware or refacing cabinets Upgrading to energy-efficient stainless steel appliances Modern backsplashes with neutral tones What to Avoid:   Over-the-top luxury kitchens in starter homes Unusual layouts or overly trendy finishes   ROI Estimate: 75–100% (if done wisely)   Bathrooms: Small Upgrades, Big Impact   Next to kitchens, bathrooms hold strong value. In Sarnia’s mid-range home market, a minor bathroom remodel can bring impressive returns.   Value-Boosting Upgrades:   New vanities and faucets Fresh tile work and paint Efficient toilets and water-saving fixtures   Skip the steam shower or heated flooring unless you’re in a high-end market segment.   ROI Estimate: 60–85%   Curb Appeal: First Impressions Matter   Sarnia buyers often tour multiple properties in one day—and first impressions count. Basic curb appeal improvements are cost-effective and impactful.   High-Value Ideas:   New front door or garage door Landscaping with native plants Updated lighting and house numbers Power washing driveways and siding   ROI Estimate: 100%+ for small-budget curb appeal upgrades   Finished Basements: Space That Sells   With growing families and remote workers looking for more space, a finished basement in Sarnia can be a big draw.   What Adds Value:   A second living room or family space A home office or gym setup A legal rental suite (with proper permits) Avoid over-customizing or building high-end entertainment spaces unless the rest of the home supports it.   ROI Estimate: 50–70%   Energy Efficiency Upgrades   Sarnia winters can be tough, and energy costs are always a concern. Buyers appreciate homes that are efficient and cost-effective to maintain.   Worthwhile Investments:   New windows and insulation High-efficiency furnace and AC Smart thermostats Energy-efficient water heaters ROI Estimate: 60–80%, with potential for utility rebates   Flooring: Consistency is Key   Inconsistent or dated flooring is one of the first things that turns buyers off. While full hardwood can be pricey, consistent, quality vinyl plank or laminate throughout the main level often appeals to Sarnia buyers.   Quick Wins:   Replace carpet with hard surfaces in living areas Choose neutral, durable materials   ROI Estimate: 70–90%     Avoid These Common Renovation Pitfalls   Not all updates add value—especially in a balanced or buyer-friendly market like Sarnia. Here’s what to think twice about:   Swimming pools: Costly to install and maintain; limited buyer appeal Luxury features in modest neighborhoods: Over-improving can backfire DIY jobs that look... DIY: Poor craftsmanship can hurt your home’s perceived value Overly personalized finishes: Stick with neutral, timeless styles if resale is your goal   How the Sarnia Market Affects Renovation Value   Sarnia’s real estate market is stable and relatively affordable compared to many parts of Ontario. That means buyers tend to look for move-in ready homes with practical upgrades rather than luxury remodels. Function, efficiency, and tasteful design tend to win. Homes priced in the $400,000–$700,000 range often benefit the most from mid-range renovations that improve livability without going overboard.     Final Thoughts: Should You Renovate Before You Sell?   If you're planning to list your home in Sarnia, the best renovations are the ones that match your home’s price point and appeal to the average local buyer. Need help deciding what’s worth the investment? At Blue Coast Realty, we offer personalized consultations to help you make smart, value-boosting choices. We know what local buyers want—and what they’ll pay more for. Thinking of Selling in Sarnia? Reach out to Blue Coast Realty Brokerage today. We’ll help you decide which renovations are worth it and guide you through every step of your home sale.     ### [Renovate or Relocate? How Sarnia Homeowners are Deciding in 2025](https://www.sarniaproperty.com/blog_read/renovate-or-relocate-how-sarnia-homeowners-are-deciding-in-2025) Renovate or Relocate? How Sarnia Homeowners are Deciding in 2025   Your kitchen feels outdated, your bathroom is cramped, and your layout no longer works—but should you renovate your current home or make a move? It’s the question many Sarnia homeowners are asking in 2025. With fluctuating home prices, rising renovation costs, and changing lifestyle needs, deciding between fixing up or finding something new isn’t always easy. At Blue Coast Realty Brokerage, we help homeowners weigh their options with local market insight and honest guidance. Here’s what to consider when deciding whether to renovate or relocate in Sarnia-Lambton.     What Are Your Goals?   Start by identifying your core needs. Are you looking for more space, better functionality, or a complete style upgrade? Renovations can improve certain aspects, but they may not solve foundational issues like poor layout or limited square footage. If your goals involve adding bedrooms, work-from-home space, or a more walkable location, relocating may better serve your lifestyle.   Consider the Costs   In 2025, renovation costs in Sarnia have continued to rise due to material shortages and skilled labour demand. Kitchen remodels, bathroom upgrades, and home additions can add up quickly. On the flip side, buying a new home also involves expenses: legal fees, moving costs, land transfer tax, and possible renovations to the new property. Be sure to compare the full financial picture—not just the sticker price.   How Does Your Neighbourhood Affect Value?   Before investing heavily in renovations, ask: Will your upgrades add value in your area? In some Sarnia neighbourhoods like Mitton Village or Sherwood Village, over-improving a home may not bring a strong return. In higher-demand areas like Bright’s Grove or Twin Lakes, renovations may yield better resale value. A local realtor can provide comparable sales data to help you evaluate wisely.   Timing and Disruption   Renovating often means living in a construction zone for weeks or months. If you’re working from home or have small children, the disruption can be challenging. Moving can offer a faster solution, though it comes with the stress of packing, selling, and transitioning to a new community. Consider which path feels more manageable given your timeline and tolerance for inconvenience.   Market Conditions Matter   Sarnia’s real estate market in 2025 has remained relatively balanced, offering opportunities for both buyers and sellers. If your home has appreciated in value, you may be in a strong position to sell and upsize, downsize, or relocate to a more suitable layout. Alternatively, if interest rates are a concern, staying put and refinancing to fund renovations may be the better bet.   Emotional Attachment vs. Practical Needs   Is your current home filled with sentimental value? Or is it becoming more of a stressor than a sanctuary? Sometimes the emotional pull of a place clouds practical decision-making. Other times, a fresh start is exactly what’s needed. Take stock of what your home truly offers you—and whether those benefits outweigh the need for change.   Get Expert Guidance   You don’t have to make this decision alone. At Blue Coast Realty, we offer free home evaluations and personalized consultations to help you explore all your options—whether you're leaning toward a remodel or ready to explore new listings. There’s no one-size-fits-all answer to the renovate-or-relocate debate. But with the right information and support, you can make a confident decision that fits your lifestyle, budget, and future plans.   Thinking of renovating or relocating in Sarnia? Contact Blue Coast Realty Brokerage for local insight and expert advice tailored to your next move.   ### [The Ultimate Sarnia-Lambton Staycation: 8 Ways to Vacation Without Leaving Town](https://www.sarniaproperty.com/blog_read/the-ultimate-sarnia-lambton-staycation-8-ways-to-vacation-without-leaving-town) The Ultimate Sarnia-Lambton Staycation: 8 Ways to Vacation Without Leaving Town   Dreaming of a getaway but want to skip the packing, airport lines, and high costs? A staycation might be your perfect solution. Sarnia-Lambton is filled with natural beauty, waterfront charm, and hidden gems that make it an ideal destination for a local escape. Whether you’re a homeowner looking to unwind without the hassle or just craving something new, this guide will show you how to make the most of your time off—right here at home. At Blue Coast Realty Brokerage, we love helping people find joy in their own backyard. Here are 8 ways to turn your Sarnia staycation into a memorable retreat.       Beach Day at Canatara Park You don’t need a flight to find white sand and blue water. Pack a picnic, grab your sunscreen, and enjoy a day at Canatara Beach. With playgrounds, trails, and shady picnic spots, it’s perfect for families, couples, or solo relaxation.   Explore the Bluewater Trails Sarnia-Lambton is home to over 100 km of scenic trails. Walk, bike, or rollerblade along the waterfront or through nature reserves. Try the Howard Watson Trail for a quiet escape or head to the Waterfront Loop for Instagram-worthy views.   Plan a Spa Day or Wellness Retreat   Local spots like The Spa at the Inn or Bluewater Wellness offer massages, facials, and full pampering packages. Book a treatment, disconnect from your devices, and indulge in some self-care.   Go Wine Tasting in the County   Discover hidden gems at local wineries and cideries just outside Sarnia. Twin Pines Orchard or Alton Farms Estate Winery offer tastings, tours, and scenic patios. No long drive required.   Try a Local Foodie Tour   Make a list of new restaurants or revisit your favourites. From beachside burgers to elegant dining downtown, Sarnia’s food scene is growing. Try a DIY tasting tour: coffee in Bright’s Grove, lunch at the Lake, and dinner downtown.   Book a Night in a Local Airbnb   Change your scenery without leaving town. Book a waterfront loft or countryside cottage on Airbnb. Even one night away from your own home can feel like a mini-vacation.   Take a River Cruise or Kayak Adventure   Explore the St. Clair River from a different perspective. Book a local boat tour or rent a kayak and paddle along the shoreline. Sunrise or sunset rides are especially unforgettable.   Host a Backyard Getaway   Bring the vacation home. Pitch a tent, set up twinkle lights, fire up the BBQ, and spend the evening outside. Invite a few friends or enjoy a quiet night under the stars.   Vacations don’t always require travel. With its natural beauty, welcoming communities, and endless things to do, Sarnia-Lambton is the perfect place to relax, recharge, and explore—no passport required. At Blue Coast Realty, we believe in loving where you live. Whether you're enjoying a staycation or considering a move to this beautiful region, we’re here to help you feel right at home.     ### [Why Corunna is Becoming a Top Choice for First-Time Homebuyers](https://www.sarniaproperty.com/blog_read/why-corunna-is-becoming-a-top-choice-for-first-time-homebuyers) Corunna, Ontario is quietly becoming one of the best-kept secrets for first-time homebuyers in the Sarnia-Lambton region. With its combination of affordability, community charm, and easy access to nearby Sarnia, it offers a compelling alternative to more expensive urban markets across Ontario. At the Bluecoast Team work closely with buyers and sellers across Lambton County, including Corunna, helping first-time homebuyers find the right home and neighborhood to start their next chapter. Here’s why Corunna should be on your radar if you're planning to buy your first home.     #1 Affordable Entry into Homeownership Corunna offers a significantly more affordable entry point compared to larger markets in Ontario. While cities like London and Toronto are pricing out many young buyers, Corunna provides a path to ownership with: Lower average home prices compared to Sarnia Competitive property taxes Access to mortgage options that suit first-time buyers In 2025, a typical three-bedroom home in Corunna could list for $150,000 to $200,000 less than a similar home in urban centers, making it ideal for those seeking value without compromising on space.   #2 Community Feel with Big-City Access Just 10–15 minutes from Sarnia, Corunna offers a peaceful, small-town feel with all the convenience of a larger center nearby. Residents benefit from: Proximity to healthcare, shopping, and entertainment in Sarnia A family-friendly environment with parks, schools, and community events Low crime rates and a strong sense of community This balance makes Corunna a desirable choice for young families, single professionals, and couples starting out.   #3 Situated on the banks of the St. Clair River Corunna provides a beautiful setting for those who enjoy the outdoors. First-time buyers are drawn to: Walking trails and riverside parks Boating, kayaking, and fishing opportunities Access to nature without sacrificing convenience The scenic waterfront lifestyle, combined with affordability, adds major appeal for those seeking a work-life balance in a peaceful setting.   #4 Strong Long-Term Investment Potential Corunna’s popularity is rising, and with limited inventory, property values are expected to appreciate steadily over the coming years. Buying now means: Getting in before further price increases Building equity in a growing community Investing in a market with long-term upside Whether you're looking to live in your first home for five years or more, Corunna's stability makes it a solid foundation.   #5 Inventory That Suits First-Time Buyers Corunna has a growing mix of housing types perfect for new buyers, including: Move-in-ready single-family homes New construction options Modest-sized properties with lower maintenance needs With fewer bidding wars and a less frenzied pace than bigger cities, first-time buyers have a better shot at securing a home without overstretching their budget.   #6 A Growing Community with Opportunity The town of Corunna is seeing increased interest from both developers and families. Local employment opportunities are also expanding, especially with nearby Petrochemical Valley and industrial employers. As a result: New schools and services are being added Infrastructure is improving Economic stability is supporting property growth This growth ensures Corunna will remain a desirable place to live and own in the years ahead. Thinking About Buying Your First Home in Corunna? The Blue Coast Team helps first-time buyers make informed decisions across Sarnia-Lambton. From mortgage pre-approvals to neighbourhood tours, we offer expert guidance every step of the way. Contact us today for a personalized consultation and start your journey toward homeownership in Corunna.   ### [January 2026 Sarnia–Lambton Real Estate Market Update | Blue Coast Team](https://www.sarniaproperty.com/blog_read/january-2026-sarnialambton-real-estate-market-update-blue-coast-team) Are We Finally Turning a Corner? Are we finally turning the corner on the Sarnia–Lambton real estate market — or is this more of the same flat story we saw throughout last year? In this January 2026 market update, we’re breaking down exactly what happened locally, how it compares to January 2025 and January 2024, and how interest rates and housing announcements are shaping what buyers and sellers can expect right now. I’m Sean Ryan with the Blue Coast Team, and here’s your January 2026 Sarnia–Lambton real estate market update.     Big Picture: Sarnia–Lambton Region Across the Sarnia–Lambton region, there were 81 residential MLS sales in January 2026. This is down about 15% from January 2025 (97 sales) But up roughly 8% from January 2024 (73 sales) So while activity cooled compared to last year’s spike, it remains stronger than it was two years ago.   Listings & Inventory 214 new residential listings came to market in January Down 13% from January 2025 Slightly higher than January 2024 427 active residential listings at month-end Down 16% from last year Slightly higher than early 2024 levels This suggests inventory is easing from last year’s peak but remains more balanced than the ultra-tight conditions we saw earlier in the decade.   Months of Inventory January closed with 5.3 months of inventory, compared to: 6.0 months in January 2025 5.6 months in January 2024 This places the market firmly in balanced to buyer-leaning territory, particularly in higher price ranges.   Pricing Trends: Modest Softening, Not a Crash Average residential sale price: $494,000 About 5% lower than January 2025 Roughly 6% lower than January 2024 Median residential sale price: $430,000 Down about 4% year-over-year Rather than dramatic price swings, we’re seeing a gradual step-down from previous cycle highs, not the “crash” often suggested in national headlines.   Days on Market Median days on market: 33 days Faster than 39 days in January 2025 Slower than the ultra-competitive 2023 market Buyers are taking time to evaluate options, but well-priced homes are still moving efficiently.   Board-Level Snapshot (Sarnia Lambton Real Estate Association) January 2026 board-wide MLS activity: 265 total listings 82 total sales $41+ million in total sales volume Compared to: January 2025: 97 sales / $47M January 2024: 76 sales / $39M The takeaway? Activity has pulled back from last year’s peak but remains ahead of 2024.   Zooming In: City of Sarnia Sarnia proper continues to drive a significant share of market activity.   Sales & Listings 47 residential sales in January 2026 Down 23% from January 2025 Up from January 2024 118 new listings, down from 153 last year 206 active listings at month-end   Months of Inventory 4.4 months, identical to mid-2025 Below January 2024 levels This reflects a balanced city market, with neither buyers nor sellers holding overwhelming leverage.   Prices in Sarnia Average sale price: $476,000 Essentially flat year-over-year Still about 5% higher than January 2024 Median sale price: $440,000 Up approximately 9% from last year This suggests stronger activity in mid-range price segments, even as overall prices remain stable.   Where Are Homes Selling? (By Price Range)   January sales were dominated by the $400,000–$600,000 range, accounting for nearly two-thirds of all transactions. Very limited activity below $300,000 Steady movement between $600,000–$800,000 A small but consistent presence above $800,000 Luxury sales remain a visible but niche segment.   Home Styles: What Buyers Are Choosing Bungalows: 36 sales | Avg. $516,000 1.5-storey homes: 16 sales | Avg. $341,000 Two-storey homes: 7 sales | Avg. $588,000 Backsplits & raised ranches: Active and competitive There is demand across all styles, with bungalows continuing to dominate local preferences.   Detached vs Condos   Detached Homes 77 sales in January 4.5 months of inventory Average price: $478,000 Median price: $444,000 Detached homes are moving toward a healthier balance, with pricing gently adjusting rather than declining sharply. Condos 3 condo sales 6.7 months of inventory Median price: $355,000 Condo buyers currently have more negotiating power, with elevated inventory compared to past years.   Housing, Interest Rates & Local News The president of the Sarnia Lambton Real Estate Association recently described 2025 as a “flat year” for prices — a trend that January 2026 continues. At the national level, the Bank of Canada held its policy rate at 2.25%, noting inflation near its 2% target and modest economic growth projections. This stability has helped restore buyer confidence after years of rapid rate increases. Locally, the opening of a 40-unit Indigenous affordable housing development on Confederation Street, led by Ontario Aboriginal Housing Services, marks an important step in addressing housing accessibility and long-term supply pressures.   What This Means for Buyers in 2026   More choice than in recent seller-heavy years Slightly lower prices than 2024–2025 peaks Stable interest rates allow for better planning Time to negotiate and complete due diligence Well-priced homes still attract competition, particularly in popular neighbourhoods and mid-range price points.   What This Means for Sellers   Pricing accuracy matters more than ever Buyers are comparing options closely Strong presentation and marketing are critical Well-prepared homes are still selling within ~30 days Success in 2026 will be about positioning your home as the best value, not chasing last cycle’s peak pricing.   Final Thoughts   January 2026 brought: Slightly fewer sales Fewer new listings Modestly lower prices But with improving balance, stable interest rates, and meaningful housing projects underway, the Sarnia–Lambton market is shaping up to be steadier and more predictable than the past few years. If you’d like a breakdown for your specific neighbourhood or want to discuss your buying or selling plans for 2026, feel free to reach out anytime. I’m happy to walk you through the numbers that matter most for your situation. Welcome home — from the Blue Coast Team.   ### [How to Prepare Your Sarnia Home for a Winter Sale](https://www.sarniaproperty.com/blog_read/how-to-prepare-your-sarnia-home-for-a-winter-sale) Selling your home during the winter in Sarnia comes with unique challenges—but also some surprising advantages. While the colder months typically see fewer listings, that also means less competition and more serious buyers. To make the most of a winter sale, your home needs to stand out in the right ways.   The Blue Coast Team helps homeowners across Sarnia and Lambton County successfully sell year-round, including during the snowy season. If you’re planning to list this winter, here’s how to prepare your home for the market and impress buyers despite the cold. Start by focusing on curb appeal.     Even in the winter, first impressions matter. Keep walkways, driveways, and steps shoveled and salted. Add a new doormat, seasonal greenery, or a tasteful wreath on the front door. Exterior lighting is especially important this time of year since daylight hours are short—make sure entrances are well-lit and welcoming. Inside, create a warm and inviting atmosphere. Turn up the heat to a comfortable temperature before showings and use lighting strategically. Open curtains during the day to let in natural light and use soft lamps to create a cozy glow in the evening. Staging touches like warm throws, neutral decor, and seasonal accents can help make the home feel comfortable and inviting.   Address any winter maintenance issues in advance. Ensure the furnace is serviced, filters are clean, and there are no drafts around windows or doors. Buyers will be checking for comfort and energy efficiency, so highlight recent upgrades or improvements like insulation, new windows, or a smart thermostat. Decluttering is just as important in winter as it is in spring. Clear out bulky coats and boots from entryways and organize closets to appear spacious. If your home includes a garage, make sure it’s clean and easy to access—especially since buyers may need space for winter gear.   Winter can also make your home more vulnerable to wear and tear. Clean windows, replace weatherstripping if needed, and touch up any scuffed walls or baseboards. Small improvements go a long way toward making your home feel well maintained and move-in ready. Don't forget to highlight seasonal benefits. If your home is located near a school, transit route, or shopping that’s easy to access in snowy weather, make sure that’s front and center in your marketing. A warm garage, efficient heating, or a fireplace are all winter perks that can become major selling points.   Thinking About Selling This Winter? The Blue Coast Team helps sellers prepare, stage, and price homes strategically during the winter season. We understand how to showcase your home’s strengths and connect with motivated buyers in the Sarnia market. Reach out today for a winter listing consultation.                                                                                                                             ### [Retiring in Sarnia: Best Neighbourhoods and Housing Options for Seniors](https://www.sarniaproperty.com/blog_read/retiring-in-sarnia-best-neighbourhoods-and-housing-options-for-seniors) Retiring in Sarnia has become an increasingly popular choice for Canadians looking to enjoy their golden years in a peaceful, affordable, and community-oriented environment. With its beautiful waterfront, accessible amenities, and friendly pace of life, Sarnia is a standout destination for seniors seeking both comfort and convenience.     The Blue Coast Team understands that retirement living is about more than just a house—it’s about lifestyle, walkability, access to healthcare, and finding the right community. Whether you're downsizing from a family home, relocating from another city, or planning ahead, here are the top neighbourhoods and housing options for retirees in Sarnia. Bright’s Grove is a perennial favourite for retirees thanks to its lakeside charm and tranquil pace. This neighbourhood offers stunning views of Lake Huron, well-maintained bungalows, and plenty of walking trails. With nearby golf courses and beach access, it’s an ideal spot for those who want to stay active while enjoying a calm setting. The community feel is strong, and many residents enjoy a slower lifestyle close to nature. Point Edward offers the charm of a small village with all the convenience of being near Sarnia’s core. Seniors appreciate its walkability, riverfront views, and easy access to local shops and services. Its proximity to Bluewater Health, downtown dining, and waterfront parks makes it one of the most practical and scenic places to retire. Housing includes updated older homes and low-maintenance condos, perfect for those who want to simplify their lifestyle without sacrificing location. North Sarnia, especially along the Lakeshore Road corridor, is another excellent choice for retirees. This area is close to Canatara Park and the Sarnia Golf & Curling Club. Many homes are located on quiet streets with mature trees, and the neighbourhood is close to grocery stores, pharmacies, and other essentials. Seniors often appreciate the blend of nature and urban convenience. Heritage Park, a newer development, appeals to seniors looking for modern, energy-efficient homes with minimal upkeep. Bungalows and one-floor layouts are common here, making it accessible for those planning to age in place. With access to Modeland Road and proximity to shopping and healthcare, Heritage Park is a smart choice for retirees who want comfort and convenience. Twin Lakes and Wiltshire Park are centrally located and provide great access to local transit, healthcare, and shopping. These neighbourhoods offer a mix of older, affordable homes and new construction, and the walkability is a plus for seniors who prefer to stay mobile without driving everywhere. The community here is diverse, with many longtime residents and a welcoming atmosphere. For those seeking a smaller footprint, Sarnia offers a growing selection of adult-lifestyle condos, retirement residences, and townhomes designed with seniors in mind. Many of these developments include features like elevators, community amenities, and maintenance-free living. Condo options near downtown and in the Northgate area are particularly popular, allowing seniors to downsize without feeling disconnected. Thinking About Retiring in Sarnia? With the Blue Coast Team, we help retirees make informed, confident decisions about where to live and how to transition into this exciting new chapter. Whether you want waterfront views, a low-maintenance lifestyle, or to be close to healthcare and amenities, we’re here to help you find the perfect fit in Sarnia.                                                                                                                     ### [Renovating in Sarnia-Lambton? These Upgrades Deliver the Highest Return When You Sell](https://www.sarniaproperty.com/blog_read/renovating-in-sarnia-lambton-these-upgrades-deliver-the-highest-return-when-you-sell) Thinking about renovating your home in Sarnia-Lambton? Before you start knocking down walls or choosing tile, it’s important to know which upgrades actually add value — and which ones simply look nice but don’t move the needle when it’s time to sell. After helping countless homeowners across Sarnia and Lambton County buy and sell, we’ve seen firsthand what today’s buyers are truly looking for. If you’re planning renovations with resale in mind, here are the smartest upgrades to consider...   1. Kitchen Remodels: The Heart of the Home In the Sarnia-Lambton market, kitchens sell homes. Buyers consistently gravitate toward: Quartz or stone countertops Updated cabinetry Stainless steel appliances Neutral, timeless finishes You don’t necessarily need a full luxury overhaul. Even mid-range updates can deliver up to 80% return on investment (ROI) when done properly. The key? Keep it functional, bright, and appealing to a wide range of buyers.   2. Bathroom Updates: Clean, Modern & Practical Bathrooms may be smaller spaces, but they leave a big impression. Popular upgrades include: Double vanities Walk-in glass showers Updated tile and lighting Water-saving fixtures Modern, clean bathrooms signal that the home has been well cared for — something buyers value highly.   3. Curb Appeal: First Impressions Matter Before buyers ever step inside, they’re forming an opinion. Simple improvements can make a dramatic difference: A new front door Fresh exterior paint Updated house numbers and lighting Clean, tidy landscaping In some cases, curb appeal improvements can see close to 100% ROI because they instantly elevate perceived value.   4. Finished Basements: More Livable Space In family-friendly Sarnia neighbourhoods, extra living space is a major bonus. A finished basement can provide: A rec room A guest suite A home office A playroom With remote work more common than ever, usable lower-level space has become a huge selling feature.   5. Energy-Efficient Upgrades: Smart & Sustainable Today’s buyers are thinking long-term. Upgrades like: New windows Improved insulation High-efficiency HVAC systems Not only reduce monthly utility costs — they also make your home more attractive to eco-conscious buyers. These improvements may not always be flashy, but they absolutely matter.   6. Flooring Replacements: Instant Visual Upgrade Old, worn carpet can quickly date a home. Replacing it with: Hardwood Engineered flooring Luxury vinyl plank Creates a clean, cohesive look throughout the home. It’s one of the fastest ways to modernize your space without major construction.   7. Open Concept Layouts: Light, Flow & Connection Buyers consistently tell us they love: Natural light Open sightlines Spaces that feel connected Removing a non-load-bearing wall between the kitchen and living area can completely transform how a home feels. In many Sarnia-Lambton family homes, this layout shift adds both lifestyle appeal and market value.   Renovating With a Strategy — Not Just a Wishlist Not all renovations are created equal. The best return comes from improvements that: Appeal to the broadest range of buyers Fit your neighbourhood price point Align with current market expectations Before you invest thousands into upgrades, it’s smart to understand how your specific home compares to others in your area. If you’re wondering which renovations make sense for your home and budget, don’t guess — get clarity. Connect with the Blue Coast Team at CB Southwest Realty, and we’ll help you make smart decisions that maximize your return when it’s time to sell. Welcome home to the Blue Coast.   ### [Why Booking a Buyer Consultation Is the Smartest First Step](https://www.sarniaproperty.com/blog_read/why-booking-a-buyer-consultation-is-the-smartest-first-step) If you’re thinking about buying your first home or even your 2nd or 3rd  in Sarnia–Lambton, this video could literally save you thousands of dollars — and months of stress. Most first-time buyers jump straight to looking at homes online… But the buyers who succeed fastest — and make the best financial decisions — do one thing differently first. They book a Buyer Consultation with a local expert to create a clear roadmap before they ever write an offer.   Today, we’re breaking down the ultimate first-time buyer checklist for Sarnia–Lambton, and showing you exactly why starting with a buyer consult saves you time, money, and costly mistakes. Buying your first home isn’t just about finding a property you like — It’s about understanding: How the local market actually works How to structure offers properly How to protect yourself legally and financially And how to avoid mistakes that can follow you for years That’s why today’s video is built around the same roadmap we use with our buyers during our Buyer Consultation process. Here’s the truth most people don’t talk about. First-time buyers don’t struggle because they’re unprepared — They struggle because they’re reactive instead of strategic. We see buyers: Touring homes before understanding their real budget Falling in love with properties that don’t fit long-term goals Writing weak offers that lose in competition Or worse — winning a home but overpaying or missing critical protections And almost every time, the issue is the same: They skipped the Buyer Consultation. A Buyer Consultation isn’t a sales pitch. It’s a planning session. During a buyer consult with the Blue Coast Team, we help you: Break down your financial comfort zone (not just bank approval) Understand closing costs specific to Ontario and Sarnia–Lambton Learn how deposits, down payments, and conditions really work Build a step-by-step buying roadmap tailored to you This is where we save buyers time, money, and emotional burnout — before it happens. Let’s walk through the same checklist we use with our buyers. Most buyers don’t know the difference. A pre-qualification gives you a rough estimate. A pre-approval puts you in a strong position when making an offer. During your buyer consult, we connect you with trusted mortgage professionals and help you choose the option that fits your timeline. Your mortgage payment is only part of the picture. We help you plan for: Property taxes Utilities Insurance Maintenance Closing costs (typically 1.5%–4% in Ontario) This prevents buyers from becoming “house-poor” after possession. Not all Sarnia–Lambton neighbourhoods perform the same long-term. During your consult, we talk about: Lifestyle vs resale value Commute and schools Waterfront vs inland pricing Long-term appreciation trends How the resale value lines up with your long and short term goals  This is where local experience matters.   Offers aren’t just about price. We review: Financing clauses Inspection clauses Irrevocability Deposit structure Closing timelines A properly written offer can save you tens of thousands of dollars — even in balanced markets. Buyers who start with a consultation: Miss fewer opportunities Make stronger offers Avoid emotional decisions Close with fewer surprises They don’t just buy a house — They buy with clarity and confidence. And that’s exactly what we want for every first-time buyer we work with. If you’re even thinking about buying your first home in Sarnia–Lambton, your next step shouldn’t be scrolling through listings. It should be booking a Buyer Consultation with the Blue Coast Team. There’s no pressure. No obligation. Just a clear plan designed to save you time, money, and stress. 📞 Reach out today to book your Buyer Consult and let’s build your roadmap to homeownership — the right way.     ### [How to Prep Your Sarnia Home for Photos, Showings & Open Houses](https://www.sarniaproperty.com/blog_read/how-to-prep-your-sarnia-home-for-photos-showings-open-houses) When it comes to selling your home in Sarnia, presentation is everything. Whether you're listing a charming bungalow in Bright’s Grove or a modern lakefront home in Point Edward, your home’s first impression can make or break the deal. In today’s digital age, photos are your first showing, and open houses are where emotions seal the offer. So how can you get your Sarnia home picture-perfect and buyer-ready? Let’s walk through the step-by-step process to get your home ready for photos, showings, and open houses—so you attract the best offers, fast.   Why Great Photos Matter in Sarnia Real Estate Buyers are starting their home search online—on Realtor.ca, social media, and Google. According to recent trends, real estate hashtags like #realestategoals and #realestatephotographer have millions of views on Instagram. That means your listing photos can’t just be “good enough.” They need to be magazine-quality. What Buyers Expect from Listing Photos in Sarnia: Bright, clutter-free spaces Rooms that look spacious and neutral Warmth, light, and flow Showcase of unique features like sunrooms or lake views Pro tip: Work with a professional photographer who knows how to capture homes in our local market—especially if you're marketing in spring or fall when natural light shifts. Step 1: Declutter & Depersonalize Before the camera comes out, remove anything that distracts buyers from seeing themselves in the space. What to Do: Take down personal photos, trophies, and personalized art Clear off kitchen counters except for 1-2 decorative items Tidy closets, pantries, and storage areas—yes, buyers will peek Store extra furniture to open up walking paths Sarnia Seller Tip: If you're listing during colder months, remove heavy winter gear and boots from entryways to avoid a crowded feel. Step 2: Deep Clean Like a Pro Photos and in-person showings amplify every detail—especially what’s not clean. Clean These Areas Thoroughly: Windows (let in that natural Sarnia light) Floors and baseboards Kitchen appliances inside and out Bathroom grout and mirrors Light fixtures and vents Bonus Tip: Scent matters. Avoid heavy fragrances. Aim for clean, fresh, and neutral. Step 3: Stage for Showings & Emotional Appeal Home staging isn’t just for million-dollar listings. Even subtle touches can make your home feel more inviting. Affordable Staging Ideas: Fresh flowers or a bowl of green apples in the kitchen Light throw blankets and fluffy pillows in the living room White bedding with neutral accents in bedrooms A small bistro set on the front porch or deck Sarnia Spotlight: If your home has lake views or access, showcase it. Set up patio furniture, tidy waterfront areas, or create a cozy window nook. Step 4: Light it Right Lighting can make rooms feel larger, warmer, and more modern. Before photos or showings: Replace burnt-out bulbs Open all blinds and curtains Turn on every light—even closets and under cabinets Use warm-tone LED bulbs (2700K–3000K range) Step 5: What NOT to Do Before Showings Avoid these common mistakes that can cost you offers: Leaving pets at home during showings Overusing air fresheners Keeping valuables or prescriptions in plain sight Blocking access to storage areas Ignoring curb appeal Sarnia’s suburban vibe means drive-up appeal matters. Mow the lawn, sweep walkways, and touch up the front door paint. Open House Prep: It’s Showtime The night before your open house: Do a final tidy sweep Hide laundry baskets, cords, and bins Set your thermostat to a comfortable temp Put out a simple welcome mat Leave the house early to give the agent space Local Insight: Sarnia buyers often attend multiple open houses in a weekend. Make yours stand out with natural light, light refreshments, and soft background music. Final Tips for Success Treat every showing like “the one” Keep your home ready to show on short notice Lean on your agent (like the Blue Coast Team) to coordinate and guide When your home is clean, staged, and strategically presented, you're not just selling property—you’re selling a lifestyle. And in a community like Sarnia, where lake views, family living, and affordability shine, that lifestyle is in high demand.   Trust the Blue Coast Team with CB Southwest to help you make the best first impression. From expert staging guidance to professional marketing, we know what it takes to sell your home for top dollar in Sarnia’s competitive real estate market. Sarnia home sellers: Learn the essential steps to prep your house for listing photos, showings, and open houses. Get expert tips on decluttering, staging, and lighting to attract top-dollar offers, brought to you by the Blue Coast Team.   ### [What a Balanced Market Means for Buyers & Sellers in Lambton County](https://www.sarniaproperty.com/blog_read/what-a-balanced-market-means-for-buyers-sellers-in-lambton-county) Curious about what a balanced market means for buyers and sellers in Sarnia and Lambton County? Stick around—this could be your edge in today’s housing market!Whether you're buying, selling, or investing, we help you navigate the Sarnia Lambton real estate market with confidence. In today’s video, we’re breaking down what a balanced market means and how it impacts your next move.   A balanced real estate market happens when the number of homes for sale equals the number of buyers. This creates stable conditions—home prices hold steady, and both sides have room to negotiate.  When there are 3 - 6 months of inventory available, we typically call this a balanced market. Remember, not every price sector may be the same.  The $200,000-$500,000 range may see balance, but the 1 Million Dollar plus bracket may not due to less demand. Your trusted agent should be well informed on trends within your budget.    For Buyers:   You’ll find more inventory of homes to view in your price range. There’s less pressure—bidding wars are less frequent. You can negotiate on price, repairs, conditions or closing dates. For Sellers:   You’ll still attract qualified buyers, especially with fair pricing Homes that are staged and well-presented continue to sell quickly. Be open to conditional offers—they’re common in this environment.   What’s influencing Sarnia’s market?   Mortgage rates have stabilized, Local job growth supports consistent demand, and Steady inventory levels keep things in balance. For Investors: A balanced market means less volatility and better cash flow opportunities. Properties near Lambton College or the hospital district continue to show rental demand.   Thanks so much for watching. If you have questions about the Sarnia real estate market, or you’re thinking about buying or selling, don’t guess — get clarity. Connect with the Blue Coast Team at CB Southwest today, and welcome home to the  Blue Coast.       ### [How to Make Buyers Fall in Love With Your Home | Sarnia Real Estate Seller Tips](https://www.sarniaproperty.com/blog_read/how-to-make-buyers-fall-in-love-with-your-home-sarnia-real-estate-seller-tips) When it comes to selling your home in Sarnia, Ontario, first impressions are everything. Buyers often make up their minds within moments of walking through the front door—sometimes even before. So, how do you ensure they not only like your home, but fall in love with it? At Blue Coast Team at CB South West, we understand the psychology of home buying, and we’re here to guide you through the proven steps to attract offers quickly and confidently.     1. Understand Buyer PsychologyHome buyers are looking for more than just a place to live—they want to envision their future. Whether it's cozy nights in the living room or family meals in a sunlit kitchen, emotional connection drives decision-making. The goal is to help buyers picture themselves living their best lives in your space.   2. Declutter and DepersonalizeIn the Sarnia housing market, competition can be stiff. A clean, clutter-free home stands out. Remove personal photos, excess furniture, and bold decor. Minimalism helps buyers focus on the space itself rather than your belongings. Think of it as setting the stage—you want your home to be a blank canvas with emotional warmth.   3. Stage to ImpressProfessional staging doesn’t just look great—it helps homes sell faster and for more money. Arrange furniture to showcase the flow and function of each room. Add fresh pillows, neutral-colour throws, and warm lighting. A well-staged home tells a story that buyers want to be part of.   4. Highlight Key FeaturesFrom an updated kitchen to hardwood floors or a finished basement, make sure the best features of your home are front and centre. In your listing and during showings, point out upgrades, unique finishes, or energy-efficient systems that add long-term value.   5. Boost Curb AppealYour home’s exterior is its handshake. In Sarnia's competitive Ontario market, buyers may drive by before booking a showing. Keep lawns trimmed, power wash walkways, and add seasonal planters or a fresh coat of paint on the door. A charming exterior sets the tone for what’s inside.   6. Use Lighting to Create AmbianceNatural light is a huge selling point, but good artificial lighting enhances every room. Open blinds and curtains during showings. Replace burnt-out bulbs with warm, inviting lighting. Create cozy zones with floor or table lamps to evoke comfort and relaxation.   7. Make Kitchens and Bathrooms ShineThese are often deal-makers. Deep-clean every surface, organize cupboards, and consider small upgrades like new cabinet hardware or a modern faucet. Fresh white towels, a bowl of lemons, or a vase of flowers make these rooms feel fresh and welcoming.   8. Address Repairs and MaintenanceBuyers may walk away from a beautiful home if they notice minor issues like squeaky doors or leaky taps. Handle the small fixes before listing—it shows pride of ownership and reassures buyers they’re making a sound investment.   9. Create an Inviting ScentSmell leaves a lasting impression. Avoid overpowering fragrances and opt for subtle scents like baked cookies, citrus, or fresh linen. Open windows before a showing to let in fresh air. A home that smells clean and welcoming is more likely to win hearts.   10. Partner With Local ExpertsThe right real estate team makes all the difference. At Blue Coast Team at CB South West, we know the Sarnia real estate market inside and out. We help sellers optimize every detail to attract the right buyers and secure top-dollar offers.   Selling a home is more than a transaction—it's about making the right impression and creating a lasting emotional connection. By focusing on buyer psychology, enhancing presentation, and working with local experts, you can make buyers fall in love the moment they walk through your door. Ready to make your home irresistible? Contact Blue Coast Team at CB South West today for personalized selling strategies that work in the Sarnia real estate market.   ### [Must-Know Changes in Sarnia's February Housing Market](https://www.sarniaproperty.com/blog_read/must-know-changes-in-sarnias-february-housing-market) Sarnia-Lambton Real Estate Market Update – February 2026 | Prices, Trends & What Buyers and Sellers Need to Know The Sarnia-Lambton housing market saw a significant shift in February 2026, with sales activity dropping to a multi-decade low while prices posted a notable year-over-year decline. Whether you're thinking about buying a home in Sarnia, selling a home in Sarnia, or simply keeping an eye on the Ontario housing market, this monthly update from Blue Coast Realty breaks down exactly what happened and what it means for you. Understanding the local Sarnia real estate market is more important than ever right now. National headlines don't always reflect what's happening in your neighbourhood, and the decisions you make about real estate should be based on local data, not general assumptions. That's why we put together this detailed look at the February 2026 Sarnia-Lambton market statistics, with clear explanations of what the numbers mean for buyers and sellers in our community. February 2026 Market Snapshot Metric February 2026 Total Homes Sold 72 units (−24.2% from February 2025) Year-to-Date Sales 152 units (−15.6% from same period in 2025) Average Sale Price $421,186 (−21.7% year-over-year) Year-to-Date Average Price $447,562 (−14% from first two months of 2025) Total Dollar Value of Sales $30.3 million (−40.7% from February 2025) New Listings 203 (−1% from February 2025) Active Listings 477 (−11% from end of February 2025) Months of Inventory 6.6 months (up from 5.6 in Feb 2025; long-run avg is 2.9) Source: Sarnia-Lambton Association of REALTORS® / CREA Statistics, February 2026.                                                                                          What's Happening in the Sarnia-Lambton Housing Market? February 2026 was a challenging month for the Sarnia-Lambton housing market by almost any measure. According to the Sarnia-Lambton Association of REALTORS®, only 72 homes sold through the MLS® System in February. That's the lowest single-month February total since 1999, representing a 24.2% decline from February 2025. The slowdown is being driven primarily by a lack of buyer demand rather than a shortage of available homes. New listings held nearly steady compared to a year ago at 203, which was actually 8.3% above the five-year average and 21.2% above the 10-year average. Meanwhile, sales fell 26.7% below the five-year average and a steep 34.7% below the 10-year average. Pricing also softened considerably. The average sale price of $421,186 represented a sharp 21.7% decline from the same month last year. It also marked the lowest single-month average price since December 2020. The year-to-date average sits at $447,562, down 14% from the first two months of 2025. Active inventory at the end of February stood at 477 homes, which is 31.5% above the five-year average and 69.6% above the 10-year average. However, inventory did decline 11% compared to the end of February 2025 and has stayed below the 500-home mark for three consecutive months, something that had not occurred since 2024. As Jeremy Guerette, President of the Sarnia-Lambton Association of REALTORS®, noted, the key question is whether buyers are simply holding out for the spring market or if there has been a more structural change in demand. That remains to be seen. What This Means for Buyers If you're looking to buy a home in Sarnia, February's numbers paint a picture of opportunity. With 6.6 months of inventory now on the market — more than double the long-run average of 2.9 months — the balance of power has shifted firmly in favour of buyers. Competition for homes is significantly lower than what we've seen in recent years. Fewer buyers in the market means you're less likely to find yourself in a multiple-offer situation, and you have more room to negotiate on price, conditions, and closing dates. The decline in average sale prices also presents a meaningful opportunity, particularly for first-time buyers or anyone who felt priced out of the market over the past few years. Homes in the Sarnia-Lambton area are now selling at price levels not seen since late 2020, and if you're financially prepared, this could be one of the more favourable buying windows in recent memory. That said, buyers should still approach the market with a clear strategy. Work with a knowledgeable local agent who understands the nuances of the Sarnia real estate market, get your financing in order ahead of time, and be ready to move when the right property comes along. A well-priced, well-located home can still attract strong interest even in a buyer's market. What This Means for Sellers For sellers, February's data is a wake-up call about the importance of pricing strategy. With the average price down more than 21% year-over-year, the market is telling us that buyers are cautious, selective, and unwilling to pay prices anchored to the peaks of 2022 or 2023. If you're thinking about selling a home in Sarnia, realistic pricing is no longer optional — it's essential. Homes that are priced in line with recent comparable sales in the neighbourhood are more likely to attract showings and offers. Those priced above the market risk sitting for extended periods, which can lead to price reductions and a weaker negotiating position. Preparation also matters more than ever. In a market where buyers have options, the condition and presentation of your home can be the difference between a successful sale and a stale listing. Professional photos, staging, and a strong marketing plan are critical tools for standing out. The silver lining for sellers is that inventory has been declining in recent months. Active listings were down 11% compared to a year ago, suggesting some supply is being absorbed. If fewer sellers enter the market this spring and demand picks up, conditions could stabilize. But for now, the message is clear: success in 2026 means positioning your home as the best value in its price range. Local Market Insights Several factors are contributing to the current state of the Sarnia-Lambton housing market. The Bank of Canada's overnight lending rate currently sits at 2.25%, which is significantly lower than the peaks we saw during the 2022–2023 rate-hike cycle. This has helped bring some stability to mortgage rates and restored a degree of buyer confidence. However, that confidence has not yet translated into increased transaction volume locally. Seasonality also plays a role. February is historically one of the quieter months in the Canadian housing market. Many buyers and sellers prefer to wait for warmer weather, and the spring market typically sees a meaningful uptick in both listing and buying activity. Nationally, the housing market remains mixed. Some urban centres in Ontario are seeing modest recovery while others, like Sarnia-Lambton, are still working through elevated inventory levels and adjusting to the "new normal" of pricing after years of rapid growth. Locally, the opening of a new 40-unit Indigenous affordable housing development on Confederation Street — led by Ontario Aboriginal Housing Services — represents a positive step toward addressing long-term housing supply and accessibility in the region. It's also worth noting that 2025 was widely described as a "flat year" for prices in Sarnia-Lambton, and February 2026 suggests that the market may still be searching for its floor before stabilizing. What Could Happen Next? Looking ahead, the next few months will be critical in determining the direction of the Sarnia-Lambton housing market in 2026. If the spring market brings even a modest increase in buyer activity, we could see conditions begin to rebalance. The Bank of Canada's stable rate environment provides a supportive backdrop, and any further rate reductions could inject additional momentum. However, if buyer demand remains soft and new listings continue at their current pace, the market could tilt even further in favour of buyers, placing additional downward pressure on prices. The Sarnia-Lambton Association of REALTORS® has indicated they are watching conditions closely for any definitive signals of a shift. Whether buyers are simply delaying their purchases until spring or whether there has been a more fundamental change in demand will become clearer in the coming months. Final Thoughts Whether you're planning to buy or sell in Sarnia-Lambton, the most important thing you can do right now is stay informed and work with someone who understands the local market. For buyers, the current conditions present genuine opportunity — more inventory, less competition, and pricing that has come down meaningfully from recent highs. For sellers, the key is realistic pricing, excellent presentation, and patience. The Sarnia-Lambton market is in a transitional phase, and that creates both risk and opportunity depending on your situation. The decisions you make today will be shaped by the data, the strategy, and the local expertise behind them. Ready to Make Your Move? If you're thinking about buying or selling in the Sarnia-Lambton area, having the right local insight can make a big difference. Reach out to the Blue Coast Realty team for a no-obligation conversation about your real estate goals. We're here to help you navigate the market with confidence. Visit bluecoastteam.com or call 226-778-0747. ### [Should You Renovate Before Selling Your Home in Sarnia? Or Sell As-Is?](https://www.sarniaproperty.com/blog_read/should-you-renovate-before-selling-your-home-in-sarnia-or-sell-as-is) If you're thinking about selling your home in Sarnia, Ontario, one of the biggest questions you might be asking is: Should I renovate before listing—or just sell the home as-is?   For many homeowners, this decision can impact how quickly a home sells, the type of buyers it attracts, and ultimately how much money ends up in your pocket. Understanding the pros and cons of each approach can help you make the right move for your situation. At the Blue Coast Team at CB Southwest Realty, we help homeowners across Sarnia-Lambton navigate these decisions every day. Whether you're selling your first home or you’ve been through the process before, having a strategy that fits the local market is key.   What Does “Selling As-Is” Actually Mean?   Selling a home as-is means listing your property without completing any repairs, updates, or renovations before putting it on the market. Buyers view the home knowing that improvements or repairs may be required after purchase. This approach can work well in certain situations.   You may want to consider selling as-is if you: Need to sell quickly Don’t want to invest additional money into the home Are selling an estate or inherited property Own an investment property that needs extensive work While selling as-is can simplify the process, it’s important to know that it can sometimes lead to lower offers and may reduce the pool of potential buyers. Some buyers may see opportunity in a project home, but many buyers today are looking for properties that require minimal work.   When Small Updates Can Make a Big Difference   If your home is structurally sound but simply dated, making a few small improvements before listing can significantly increase its appeal to buyers. The good news is that these updates don’t have to break the bank.   In the Sarnia real estate market, simple improvements that often deliver strong results include: Fresh paint in neutral tones Updating light fixtures Replacing cabinet hardware Cleaning and improving landscaping Decluttering and deep cleaning the home These types of updates can help buyers picture themselves living in the space, which often leads to stronger offers and more interest when the home hits the market.   Understanding Buyer Expectations in the Sarnia Market   One of the most important factors when deciding whether to renovate is who your likely buyer will be. The Sarnia housing market attracts a mix of different buyer types, and each group has different expectations.   First-Time Home Buyers Many first-time buyers in Sarnia-Lambton are looking for homes that are move-in ready and priced fairly. Minor updates can make a big difference for this group.   Real Estate Investors Investors are often actively looking for as-is properties they can renovate or flip. For them, cosmetic or structural work can actually be part of the appeal.   Move-Up Buyers Buyers upgrading to their next home—especially in family-friendly neighbourhoods near schools like Northern Collegiate or St. Patrick’s—often expect updated kitchens, bathrooms, and modern finishes. Because of these different buyer profiles, the best strategy depends heavily on your home’s location, condition, and price range.   A Simple Rule of Thumb If you're unsure whether you should renovate or sell as-is, this general guideline can help: If your home only needs light cosmetic updates → consider fixing it. If the home requires major renovations or you need to sell quickly → selling as-is may make more sense. Every property is different, and the right decision often comes down to balancing cost, time, and potential return on investment.   How the Blue Coast Team Can Help At the Blue Coast Team at CB Southwest Realty, we believe homeowners should never have to guess when making important real estate decisions. When you work with us, we provide: A free home evaluation Insight into what buyers expect in your specific neighbourhood Personalized recommendations based on your timeline, budget, and goals Our team works with sellers throughout Sarnia, Bright’s Grove, Corunna, Wyoming, Camlachie, and across Lambton County, helping them maximize value while minimizing stress.   Thinking About Selling Your Home in Sarnia? Selling your home doesn’t have to be complicated. Whether you decide to make a few updates or sell your property as-is, the most important step is having the right local guidance and strategy. If you're considering selling or simply want to understand your options in the Sarnia real estate market, the Blue Coast Team is here to help. Connect with the Blue Coast Team at CB Southwest Realty today and take the next step with confidence. Welcome home to the Blue Coast.     ### [What to Know Before Buying a Waterfront Property in Sarnia, Ontario](https://www.sarniaproperty.com/blog_read/what-to-know-before-buying-a-waterfront-property-in-sarnia-ontario) Dreaming of waking up to the sound of waves on Lake Huron or watching the ships pass by on the St. Clair River? Sarnia-Lambton offers some of the most stunning waterfront real estate in Ontario. However, buying a home on the water isn't quite like buying a standard suburban property. At the Bluecoast Team at Coldwell Banker Southwest Realty, we specialize in navigating the unique intricacies of the Sarnia housing market. Before you dive into your waterfront dream, here are the essential factors you need to consider to ensure your investment is as solid as the shoreline.     1. Understanding the Sarnia Waterfront Market Properties along the "Blue Coast" are in high demand. Whether it’s a luxury estate in Bright’s Grove or a hidden gem in Port Lambton, waterfront homes hold their value exceptionally well. Because the market is competitive, having a strategy and knowing the local inventory is key to securing the right deal at the right time.   2. Choose the Right Waterfront Type for Your Lifestyle Not all shorelines are created equal. Your choice should depend on how you plan to spend your days: Direct Lakefront: Offers premium privacy and unobstructed sunsets over Lake Huron. Riverfront: Often ideal for boaters who want easy access to the St. Clair River, though these may come with specific navigational rules. Waterview & Deeded Access: If a primary lakefront price tag isn't in the budget, homes with deeded beach rights offer the lifestyle at a more accessible price point.   3. Navigate Legal and Zoning Regulations Waterfront properties are subject to stricter rules than inland homes. You must be aware of: Setbacks: How close you can build or renovate near the water. Conservation Authorities: Agencies like the St. Clair Region Conservation Authority (SCRCA) often have a say in any changes made to the land. Flood Zones: Understanding the elevation and flood risk is vital for both safety and insurance.   4. Specialized Inspections are a Must A standard home inspection isn't enough when you're on the water. You need to look for: Shoreline Protection: Have the groynes or seawalls been inspected for erosion? Septic & Wells: Many waterfront properties (especially seasonal ones) rely on private systems that need expert evaluation. Dock Integrity: If there is an existing dock, ensure it is structurally sound and legally permitted.   5. Is the Home Year-Round Ready? In Sarnia-Lambton, some waterfront properties were originally built as seasonal cottages. If you plan to live there year-round, verify: Is the home fully winterized? Is the road municipally maintained and plowed in the winter? Are municipal services (water/sewer) available, or are you off-grid for certain utilities?   6. Budget for Additional Costs The "hidden" costs of waterfront living can add up. Be sure to factor in: Higher Property Taxes: Premium locations come with premium assessments. Insurance: Flood insurance and specialized coverage can be more expensive. Maintenance: Shoreline protection and dock repairs are ongoing costs that inland homeowners don't face.   7. Rental and Investment Potential With tourism growing in Sarnia-Lambton, many buyers look at waterfront homes as short-term rentals (Airbnbs). While the demand is high, always check local municipal bylaws first, as some areas have strict restrictions on short-term leasing.   Why Work with the Bluecoast Team? From Blue Point to Port Lambton, the Bluecoast Team at Coldwell Banker Southwest Realty knows every inch of this shoreline. We don’t just find you a house; we help you navigate permits, inspections, and negotiations to ensure your purchase is a smart investment. Expert Tip: Don't let a beautiful view blind you to the technical details. Let an expert eye help you see the full picture.   Ready to find your "Blue Coast" home? Contact the Bluecoast Team today for a personalized list of waterfront properties and expert advice on the Sarnia-Lambton real estate market.   ### [What Happens to Sarnia Home Prices When Interest Rates Drop?](https://www.sarniaproperty.com/blog_read/what-happens-to-sarnia-home-prices-when-interest-rates-drop) Interest rates are like the tide in the real estate world—when they rise or fall, they can dramatically impact the entire housing market. In Sarnia, Ontario, where affordability has remained a key draw for buyers, a drop in interest rates can send waves through buyer behavior, home prices, and inventory levels. But what actually happens when interest rates fall? Let’s explore how rate cuts impact home prices, demand, and the broader real estate market in Sarnia—and what it means for you whether you're buying, selling, or investing.   Why Interest Rates Matter in Real Estate Interest rates influence how much it costs to borrow money for a mortgage. Even small changes can make a big difference in: Monthly mortgage payments Buyer affordability Overall demand for housing Investor appetite In a city like Sarnia, known for its mix of waterfront properties, family homes, and investment opportunities, even a 0.25% drop in rates can shift market activity quickly.   Recent Rate Drops in Ontario: What’s Happened So Far? In the past year, we’ve seen Canada’s central bank start to ease rates after a steep climb aimed at controlling inflation. While rate hikes cooled off the housing market in 2022–2023, the more recent cuts are already sparking: Increased buyer inquiries Faster home sales Multiple-offer scenarios returning Sellers are taking note too—those who were holding off are now jumping in as buyers return with renewed confidence.   So, Do Home Prices Go Up When Rates Drop? Usually, yes—and here’s why:   1. Buyers Gain More Purchasing Power Lower interest rates reduce monthly payments. That means buyers can now afford more expensive homes or put down higher offers for properties they previously couldn’t reach. In Sarnia, where average prices hover well below those in GTA markets, the affordability boost from rate drops is even more pronounced. That’s especially true for: First-time homebuyers Investors Young families relocating from more expensive cities   2. Demand Outpaces Supply As more buyers return, inventory can quickly shrink—especially in popular Sarnia neighborhoods like Bright’s Grove, Point Edward, and Errol Village. When listings are limited and buyer demand increases, home prices naturally rise due to competition.   3. Psychology Kicks In Even before real price changes occur, buyer and seller psychology shifts. Rate drops signal a “window of opportunity,” often triggering FOMO (Fear of Missing Out). This emotional response can accelerate market movement, with buyers acting fast and sellers raising expectations. The Sarnia Market’s Unique Response to Rate Changes Sarnia's market doesn’t behave exactly like Toronto or Ottawa. Here’s how it tends to react differently: More Stable Growth: Because prices are more moderate, gains in Sarnia are steady rather than volatile. Appealing to Out-of-Towners: Lower rates combined with Sarnia’s affordability attract investors and remote workers from high-priced regions. Investment-Driven Moves: Sarnia has a growing investor presence, and rate drops make rental income more attractive compared to rising borrowing costs.   A Look at Historical Trends in Sarnia Let’s break down what’s happened during past interest rate drops: Year Interest Rate Trend Sarnia Market Reaction 2015 Drop from 1% to 0.5% Increase in home sales, slight uptick in prices 2020 Major drop (pandemic era) Explosive growth in demand and 20%+ price jump 2023–24 Gradual cuts Demand rebounded, low inventory sparked price pressure Takeaway: Rate drops have consistently led to upward price momentum in Sarnia—though the scale depends on inventory and buyer pool size.   What Buyers Should Know Now Thinking about buying a home in Sarnia soon? Here are key tips: Act before competition heats up further—early movers often get the best deals. Lock in pre-approvals now—banks may offer lower rates for a limited time. Focus on areas with stable long-term value like Twin Lakes, Sherwood Village, and Bluewater Country.   What Sellers Should Know For sellers, rate drops create a golden window: More buyers = better offers. Less time on market = more convenience. Multiple offers may drive up your final sale price. If your property has been sitting or if you've been waiting for the “right time,” this could be it.   What About Investors? Lower rates unlock better cash flow opportunities for real estate investors in Sarnia. With rising rents and relatively low purchase prices, cap rates improve significantly when financing costs drop. Pro Tip: Watch for duplexes, triplexes, and student rentals near Lambton College.   When Will Prices Peak? No one can predict the exact peak, but price acceleration typically follows a predictable pattern: Rates drop → Buyers return → Inventory shrinks → Prices rise → Competition intensifies → Market cools as affordability tightens again   We are currently in Stage 2 and entering Stage 3—a strong signal that upward price pressure will continue through 2026 if rates stay low.   Final Thoughts: Timing the Sarnia Market If you're waiting for the "perfect time" to buy or sell in Sarnia, remember: markets move faster than you think. Interest rate drops are a clear signal—and in Sarnia, the result is almost always a price surge within months. Whether you're buying your first home, upsizing, or selling an investment, working with a local expert like Blue Coast Team at CB Southwest ensures you make smart, timely decisions.    Ready to Take the Next Step? For tailored advice and up-to-date insights on the Sarnia real estate market, contact the Blue Coast Team at CB Southwest today. We know the neighbourhoods. We know the numbers. And we’re here to help you make your move with confidence.   ### [Moving to Sarnia? Here’s What You Should Know - Activities, Hotspots + More](https://www.sarniaproperty.com/blog_read/moving-to-sarnia-heres-what-you-should-know-activities-hotspots-more) Thinking of relocating to a smaller city with big charm, great real estate value, and scenic waterfronts? Welcome to Sarnia, Ontario — one of the best-kept secrets in Southwestern Ontario. Whether you’re considering a move for work, family, or lifestyle, this blog will walk you through everything you need to know about living in Sarnia: from real estate and neighbourhoods to the top activities, schools, and community hotspots.     Why Move to Sarnia? Located on the southern tip of Lake Huron and the St. Clair River, Sarnia is part of the beautiful Bluewater region. It offers a slower pace of life without sacrificing urban convenience. It’s a dream location for retirees, young families, remote workers, and real estate investors alike.   Key Benefits: Affordable housing compared to Ontario's big cities Easy access to nature, beaches, and trails Strong local healthcare and education systems A close-knit, community-focused vibe Border access to the U.S. via the Blue Water Bridge   Real Estate Snapshot Sarnia real estate is among the most affordable in Ontario, making it a top destination for those priced out of the GTA.   Top Neighbourhoods to Explore: Bright’s Grove: Waterfront properties, ideal for retirees and families North Sarnia: Safe streets, good schools, and family-friendly vibes Heritage Park & Twin Lakes: Newer homes, parks, and great amenities Downtown Sarnia: Urban lofts, riverside condos, and local culture   Expect a mix of bungalows, modern two-storeys, condos, and lakefront cottages. Average home prices remain attractive, and with the Blue Coast Team by your side, you'll find the right fit in no time.   Lifestyle & Outdoor Activities Sarnia is tailor-made for people who love the outdoors. With beaches, bike trails, parks, and marinas, your weekends will never be boring.   Must-Try Activities:   Walk or bike the Howard Watson Nature Trail Swim at Canatara Beach, one of only 27 Blue Flag beaches in Canada Visit Canatara Park Zoo with the kids Kayak or fish along the St. Clair River Golf at Huron Oaks, where Mike Weir got his start   Dining, Culture & Hotspots   Sarnia has a growing food and culture scene that punches above its weight.   Local Favourites: Lola’s Lounge: Brunch and globally-inspired dishes Refined Fool Brewing Co.: Craft beer & events Alternate Grounds Dockside: Waterside dining with views Blackwater Coffee: Trendy cafe with small-town charm   Art lovers can explore the Judith & Norman Alix Art Gallery or take in a show at the Imperial Theatre. Festivals like Bluewater BorderFest and Artwalk make summers here especially lively.   Education, Healthcare & Essentials   Families moving to Sarnia will appreciate the access to strong public services.   Schools: Lambton Kent District School Board & St. Clair Catholic School Board offer French, English, and Catholic education Lambton College is a leading post-secondary option with excellent trades and tech programs   Healthcare: Bluewater Health is the regional hospital with modern facilities and a range of specialists   Shopping & Daily Life: Big box stores, local shops, farmers markets Reliable internet & utilities Smooth commutes & public transportation   Community Spirit & Events One of Sarnia’s greatest assets is its strong sense of community. Neighbours know each other, kids play outside, and locals support small businesses.   Annual Events: Artwalk in June Canada Day by the Bay Ribfest and Bluewater BorderFest Bright’s Grove Canada Day Fireworks There are also active Facebook groups and community centres that make it easy to get involved.   Things to Know Before You Move Winter is real. Prepare for snow and icy roads, especially near the lake. Real estate moves fast in peak season. Use a local agent who knows the neighbourhoods. Explore both summer and winter to see the city's full vibe. Proximity to Michigan means cross-border shopping and weekend getaways are common!   Final Thoughts If you're searching for affordability, lifestyle, and community, Sarnia offers it all. It’s one of the best places in Ontario to enjoy the waterfront without breaking the bank. From its welcoming neighbourhoods to the abundance of parks and events, Sarnia is more than a city—it’s a place to truly call home.   Thinking of moving to Sarnia?Reach out to the Blue Coast Team for expert real estate advice, local market insights, and your personalized home search. Let’s make your next move the best one yet.   ### [Sarnia–Lambton Real Estate Market Update – February 2026](https://www.sarniaproperty.com/blog_read/sarnialambton-real-estate-market-update-february-2026) :root { --navy: #0d1f35; --coast: #1a3a5c; --gold: #c9a84c; --gold2: #e8c96a; --sand: #f6f1e9; --fog: #edeae3; --ink: #1c1c1c; --body: #3d3d3d; --mist: #6b7a8d; --rule: #ddd8ce; } *, *::before, *::after { box-sizing: border-box; margin: 0; padding: 0; } html { scroll-behavior: smooth; } body { background: var(--sand); color: var(--body); font-family: 'DM Sans', sans-serif; font-weight: 300; line-height: 1.8; font-size: 16px; } /* ── HERO ─────────────────────────────────── */ .hero { background: var(--coast); padding: 72px 40px 60px; position: relative; overflow: hidden; } .hero::before { content: ''; position: absolute; inset: 0; background: radial-gradient(ellipse 60% 70% at 80% 50%, rgba(201,168,76,0.08) 0%, transparent 70%), repeating-linear-gradient(135deg, transparent, transparent 80px, rgba(255,255,255,0.018) 80px, rgba(255,255,255,0.018) 81px); 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font-weight: 500; padding: 2px 8px; border-radius: 20px; margin-left: 8px; vertical-align: middle; } .table-source { font-size: 0.72rem; color: var(--mist); margin-top: 10px; font-style: italic; } /* ── PROSE SECTIONS ───────────────────────── */ .prose-section { margin-bottom: 48px; } .prose-section h2 { font-family: 'Cormorant Garamond', serif; font-size: 1.9rem; font-weight: 600; color: var(--navy); line-height: 1.2; margin-bottom: 18px; padding-bottom: 14px; border-bottom: 1px solid var(--rule); } .prose-section p { margin-bottom: 20px; font-size: 1.01rem; color: var(--body); line-height: 1.82; } .prose-section p:last-child { margin-bottom: 0; } .prose-section strong { font-weight: 500; color: var(--ink); } /* ── PULL QUOTE ───────────────────────────── */ .pull-quote { margin: 36px 0; padding: 20px 30px; background: var(--fog); border-left: 3px solid var(--gold); border-radius: 0 6px 6px 0; } .pull-quote p { font-family: 'Cormorant Garamond', serif; font-size: 1.5rem; font-style: italic; color: var(--coast); line-height: 1.45; margin: 0 !important; } /* ── INSIGHT CARDS ────────────────────────── */ .insight-grid { display: grid; grid-template-columns: 1fr 1fr; gap: 20px; margin: 32px 0; } .insight-card { background: #fff; border-radius: 8px; padding: 24px 26px; box-shadow: 0 2px 16px rgba(13,31,53,0.07); border-top: 3px solid transparent; } .insight-card.buyer { border-top-color: var(--gold); } .insight-card.seller { border-top-color: var(--coast); } .insight-card h3 { font-family: 'Cormorant Garamond', serif; font-size: 1.25rem; font-weight: 600; color: var(--navy); margin-bottom: 10px; } .insight-card p { font-size: 0.88rem; line-height: 1.7; color: var(--body); margin: 0; } /* ── DIVIDER ──────────────────────────────── */ .divider { display: flex; align-items: center; gap: 14px; margin: 52px 0 48px; } .divider::before, .divider::after { content: ''; flex: 1; height: 1px; background: var(--rule); } .divider-diamond { width: 8px; height: 8px; background: var(--gold); transform: rotate(45deg); flex-shrink: 0; } /* ── CTA ──────────────────────────────────── */ .cta-block { background: var(--navy); border-radius: 10px; padding: 48px 52px; text-align: center; position: relative; overflow: hidden; margin-top: 60px; } .cta-block::before { content: ''; position: absolute; inset: 0; background: radial-gradient(ellipse 60% 80% at 50% 0%, rgba(201,168,76,0.12) 0%, transparent 70%); } .cta-block h3 { font-family: 'Cormorant Garamond', serif; font-size: 2rem; font-weight: 600; color: #fff; margin-bottom: 12px; position: relative; } .cta-block h3 em { color: var(--gold); font-style: normal; } .cta-block p { color: rgba(255,255,255,0.6); margin-bottom: 28px; font-size: 0.95rem; position: relative; } .cta-buttons { display: flex; gap: 14px; justify-content: center; flex-wrap: wrap; position: relative; } .btn-primary { background: var(--gold); color: var(--navy); padding: 14px 30px; border-radius: 3px; font-size: 0.75rem; font-weight: 500; letter-spacing: 0.15em; text-transform: uppercase; text-decoration: none; transition: opacity 0.2s, transform 0.15s; display: inline-block; } .btn-primary:hover { opacity: 0.88; transform: translateY(-1px); } .btn-outline { background: transparent; color: rgba(255,255,255,0.75); padding: 13px 30px; border-radius: 3px; font-size: 0.75rem; font-weight: 500; letter-spacing: 0.15em; text-transform: uppercase; text-decoration: none; border: 1px solid rgba(255,255,255,0.25); transition: border-color 0.2s, color 0.2s; display: inline-block; } .btn-outline:hover { border-color: var(--gold); color: var(--gold); } /* ── SHARE BAR ────────────────────────────── */ .share-bar { display: flex; align-items: center; gap: 14px; margin-top: 48px; padding-top: 28px; border-top: 1px solid var(--rule); flex-wrap: wrap; } .share-label { font-size: 0.7rem; font-weight: 500; letter-spacing: 0.15em; text-transform: uppercase; color: var(--mist); } .share-btn { display: inline-flex; align-items: center; gap: 7px; padding: 8px 16px; border-radius: 3px; font-size: 0.73rem; font-weight: 500; letter-spacing: 0.08em; text-decoration: none; transition: opacity 0.2s; } .share-btn:hover { opacity: 0.8; } .share-btn.fb { background: #1877f2; color: #fff; } .share-btn.tw { background: #000; color: #fff; } .share-btn.li { background: #0a66c2; color: #fff; } /* ── FOOTER ───────────────────────────────── */ .container footer { background: var(--navy); padding: 28px 40px; display: flex; align-items: center; justify-content: space-between; flex-wrap: wrap; gap: 10px; } .containerfooter .footer-logo { font-family: 'Cormorant Garamond', serif; font-size: 1.05rem; font-weight: 600; color: rgba(255,255,255,0.7); letter-spacing: 0.06em; text-transform: uppercase; } .container footer .footer-logo em { color: var(--gold); font-style: normal; } .container footer p { color: rgba(255,255,255,0.35); font-size: 0.75rem; } .container footer a { color: var(--gold); text-decoration: none; } /* ── RESPONSIVE ───────────────────────────── */ @media (max-width: 700px) { .hero { padding: 48px 20px 40px; } .page-body { padding: 40px 20px 70px; } .insight-grid { grid-template-columns: 1fr; } .cta-block { padding: 36px 24px; } .container footer { flex-direction: column; text-align: center; } } Market Update March 10, 2026 Sarnia–Lambton Real Estate Market Update – February 2026 Prices, trends, and what buyers and sellers need to know. Sales hit a multi-decade low while average prices posted a sharp year-over-year decline. Here's the full picture. SR Sean Ryan Blue Coast Realty · Sarnia, Ontario Watch the Full Video Update Prefer to read? The complete breakdown continues below ↓ February 2026 Market Snapshot Metric February 2026 Total Homes Sold 72 units −24.2% YoY Year-to-Date Sales 152 units −15.6% YoY Average Sale Price $421,186 −21.7% YoY YTD Average Price $447,562 −14% YoY Total Dollar Value of Sales $30.3M −40.7% YoY New Listings 203 −1% YoY Active Listings 477 −11% YoY Months of Inventory 6.6 months ↑ from 5.6 Source: Sarnia-Lambton Association of REALTORS® / CREA Statistics, February 2026. What's Happening in the Sarnia–Lambton Housing Market? February 2026 was a challenging month for the Sarnia-Lambton housing market by almost any measure. According to the Sarnia-Lambton Association of REALTORS®, only 72 homes sold through the MLS® System in February — the lowest single-month February total since 1999, representing a 24.2% decline from February 2025. The slowdown is being driven primarily by a lack of buyer demand rather than a shortage of available homes. New listings held nearly steady at 203 — 8.3% above the five-year average and 21.2% above the 10-year average. Meanwhile, sales fell 26.7% below the five-year average and a steep 34.7% below the 10-year average. Pricing also softened considerably. The average sale price of $421,186 represented a sharp 21.7% decline from the same month last year, marking the lowest single-month average price since December 2020. The year-to-date average sits at $447,562, down 14% from the first two months of 2025. "The key question is whether buyers are simply holding out for the spring market, or if there has been a more structural change in demand." Active inventory at the end of February stood at 477 homes — 31.5% above the five-year average and 69.6% above the 10-year average. However, inventory did decline 11% compared to the end of February 2025 and has stayed below the 500-home mark for three consecutive months, something that had not occurred since 2024. For Buyers With 6.6 months of inventory — more than double the long-run average of 2.9 months — the balance of power has shifted firmly in your favour. Less competition, more room to negotiate, and price levels not seen since late 2020. If you're financially prepared, this could be one of the more favourable buying windows in recent memory. For Sellers Realistic pricing is no longer optional — it's essential. Homes priced in line with recent comparables are attracting showings. Those priced above the market risk extended days on market and price reductions. Presentation, staging, and strong marketing have never mattered more. What This Means for Buyers If you're looking to buy a home in Sarnia, February's numbers paint a picture of real opportunity. With more than double the long-run average of inventory on the market, you're less likely to find yourself in a multiple-offer situation, and you have more room to negotiate on price, conditions, and closing dates. Homes in the Sarnia-Lambton area are now selling at price levels not seen since late 2020. If you're financially prepared, this could be one of the more favourable buying windows in recent memory. That said, buyers should still approach the market with a clear strategy. Work with a knowledgeable local agent, get your financing in order ahead of time, and be ready to move when the right property comes along. A well-priced, well-located home can still attract strong interest even in a buyer's market. What This Means for Sellers For sellers, February's data is a wake-up call about the importance of pricing strategy. With the average price down more than 21% year-over-year, buyers are cautious, selective, and unwilling to pay prices anchored to the peaks of 2022 or 2023. If you're thinking about selling a home in Sarnia, realistic pricing is no longer optional — it's essential. Homes priced in line with recent comparable sales are more likely to attract showings and offers. Those priced above the market risk sitting for extended periods, which leads to price reductions and a weaker negotiating position. Preparation also matters more than ever. Professional photos, staging, and a strong marketing plan are critical tools for standing out in a market where buyers have options. The silver lining: active listings were down 11% compared to a year ago, suggesting some supply is being absorbed. If fewer sellers enter the market this spring and demand picks up, conditions could stabilize. Local Market Insights The Bank of Canada's overnight lending rate currently sits at 2.25% — significantly lower than the peaks during the 2022–2023 rate-hike cycle. This has helped bring some stability to mortgage rates and restored a degree of buyer confidence, though that confidence has not yet translated into increased transaction volume locally. Seasonality also plays a role. February is historically one of the quieter months in the Canadian housing market. The spring market typically sees a meaningful uptick in both listing and buying activity — and the next few months will be critical in determining the direction of the 2026 market. Locally, the opening of a new 40-unit Indigenous affordable housing development on Confederation Street — led by Ontario Aboriginal Housing Services — represents a positive step toward addressing long-term housing supply and accessibility in the region. It's also worth noting that 2025 was widely described as a "flat year" for prices in Sarnia-Lambton, and February 2026 suggests the market may still be searching for its floor before stabilizing. What Could Happen Next? Looking ahead, the next few months will be critical. If the spring market brings even a modest increase in buyer activity, we could see conditions begin to rebalance. The Bank of Canada's stable rate environment provides a supportive backdrop, and any further rate reductions could inject additional momentum. However, if buyer demand remains soft and new listings continue at their current pace, the market could tilt even further in favour of buyers, placing additional downward pressure on prices. The Sarnia-Lambton Association of REALTORS® has indicated they are watching conditions closely for any definitive signals of a shift. "Whether you're planning to buy or sell in Sarnia-Lambton, the most important thing you can do right now is stay informed and work with someone who understands the local market." For buyers, the current conditions present genuine opportunity — more inventory, less competition, and pricing that has come down meaningfully from recent highs. For sellers, the key is realistic pricing, excellent presentation, and patience. The Sarnia-Lambton market is in a transitional phase, and that creates both risk and opportunity depending on your situation. Ready to Make Your Move? Thinking about buying or selling in the Sarnia-Lambton area? Having the right local insight can make a big difference. Reach out to the Blue Coast Realty team for a no-obligation conversation about your real estate goals. Free Home Evaluation Talk to Sean Share this post Facebook X / Twitter LinkedIn Blue Coast Realty 169 Christina Street N, Sarnia ON · 226-778-0747 · bluecoastteam.com © 2026 Blue Coast Realty. All rights reserved. ### [How You Could Save Up to $130,000 on a New Home in Ontario (2026 Update)](https://www.sarniaproperty.com/blog_read/how-you-could-save-up-to-130000-on-a-new-home-in-ontario-2026-update) :root { --navy: #0d1f35; --coast: #1a3a5c; --gold: #c9a84c; --gold2: #e8c96a; --sand: #f6f1e9; --fog: #edeae3; --ink: #1c1c1c; --body: #3d3d3d; --mist: #6b7a8d; --rule: #ddd8ce; } *, *::before, *::after { box-sizing: border-box; margin: 0; padding: 0; } html { scroll-behavior: smooth; } body { background: var(--sand); color: var(--body); font-family: 'DM Sans', sans-serif; font-weight: 300; line-height: 1.8; font-size: 16px; } /* ── HERO ─────────────────────────────────── */ .hero { background: var(--coast); padding: 72px 40px 60px; position: relative; overflow: hidden; } .hero::before { content: ''; position: absolute; inset: 0; background: radial-gradient(ellipse 60% 70% at 80% 50%, rgba(201,168,76,0.08) 0%, transparent 70%), repeating-linear-gradient(135deg, transparent, transparent 80px, rgba(255,255,255,0.018) 80px, rgba(255,255,255,0.018) 81px); } .hero-inner { max-width: 860px; margin: 0 auto; position: relative; } .hero-meta { display: flex; align-items: center; gap: 14px; margin-bottom: 22px; flex-wrap: wrap; } .pill { display: inline-block; background: var(--gold); color: var(--navy); font-size: 0.65rem; font-weight: 500; letter-spacing: 0.2em; text-transform: uppercase; padding: 5px 13px; border-radius: 2px; } .pill-red { display: inline-block; background: #c0392b; color: #fff; font-size: 0.65rem; font-weight: 500; letter-spacing: 0.2em; text-transform: uppercase; padding: 5px 13px; border-radius: 2px; } .hero-date { color: rgba(255,255,255,0.45); font-size: 0.78rem; letter-spacing: 0.06em; } h1 { font-family: 'Cormorant Garamond', serif; font-size: clamp(2rem, 4.5vw, 3.2rem); font-weight: 700; color: #fff; line-height: 1.14; margin-bottom: 20px; max-width: 740px; } .hero-intro { color: rgba(255,255,255,0.65); font-size: 1.05rem; max-width: 620px; margin-bottom: 32px; line-height: 1.7; } .byline { display: flex; align-items: center; gap: 12px; border-top: 1px solid rgba(255,255,255,0.1); padding-top: 20px; } .avatar { width: 40px; height: 40px; border-radius: 50%; background: linear-gradient(135deg, var(--gold), var(--gold2)); display: flex; align-items: center; justify-content: center; font-family: 'Cormorant Garamond', serif; font-weight: 700; font-size: 1rem; color: var(--navy); flex-shrink: 0; } .byline-info { font-size: 0.8rem; color: rgba(255,255,255,0.5); } .byline-info strong { color: rgba(255,255,255,0.88); font-weight: 400; display: block; } /* ── LAYOUT ───────────────────────────────── */ .page-body { max-width: 860px; margin: 0 auto; padding: 60px 40px 100px; } /* ── VIDEO ────────────────────────────────── */ .video-section { margin-bottom: 60px; } .section-eyebrow { display: flex; align-items: center; gap: 10px; margin-bottom: 14px; } .section-eyebrow::before { content: ''; display: block; width: 3px; height: 18px; background: var(--gold); border-radius: 2px; flex-shrink: 0; } .section-eyebrow span { font-size: 0.68rem; 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} .insight-card.seller { border-top-color: var(--coast); } .insight-card h3 { font-family: 'Cormorant Garamond', serif; font-size: 1.25rem; font-weight: 600; color: var(--navy); margin-bottom: 10px; } .insight-card p { font-size: 0.88rem; line-height: 1.7; color: var(--body); margin: 0; } /* ── ALERT BANNER ─────────────────────────── */ .alert-banner { background: #fff8e6; border: 1px solid #f0d080; border-left: 4px solid var(--gold); border-radius: 6px; padding: 18px 22px; margin: 28px 0; font-size: 0.93rem; color: var(--ink); line-height: 1.7; } .alert-banner strong { color: var(--coast); } /* ── DIVIDER ──────────────────────────────── */ .divider { display: flex; align-items: center; gap: 14px; margin: 52px 0 48px; } .divider::before, .divider::after { content: ''; flex: 1; height: 1px; background: var(--rule); } .divider-diamond { width: 8px; height: 8px; background: var(--gold); transform: rotate(45deg); flex-shrink: 0; } /* ── CTA ──────────────────────────────────── */ .cta-block { background: var(--navy); 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} } Tax Savings Breaking — March 2026 March 31, 2026 Save Up to $130,000 on a New Home — Canada's GST/HST Rebates Explained The federal government just passed new legislation eliminating the GST for first-time buyers, and Ontario just announced a one-year full HST removal for all buyers. Here's everything you need to know before you buy. SR Sean Ryan Blue Coast Realty · Sarnia, Ontario Watch the Full Video Breakdown Prefer to read? The complete breakdown continues below ↓ At-a-Glance: How Much Can You Save? Your Situation Maximum Savings First-time buyer in Ontario — home under $1M Apr 1/26 – Mar 31/27 Up to $130,000 Any buyer in Ontario — home under $1M Apr 1/26 – Mar 31/27 Up to $130,000 First-time buyer in Ontario — home under $1M Mar 20/25 – Mar 31/26 Up to $130,000 First-time buyer anywhere in Canada — home under $1M Up to $50,000 First-time buyer — home $1M to $1.5M Partial rebate (phased out) Any buyer in Ontario — home $1M to $1.5M Apr 1/26 – Mar 31/27 Flat $130,000 Source: Canada.ca · Department of Finance Canada · Ontario Ministry of Finance, March 2026. What's Happening — and Why It Matters Right Now If you're in the market for a new home in Canada, the last two weeks of March 2026 have brought some of the most significant tax relief announcements the housing market has seen in decades. Two separate programs have now been confirmed — one federal, one provincial — and together they represent a real opportunity to save a substantial amount of money on your purchase. On March 13, 2026, the federal government's Bill C-4 received Royal Assent, officially making the First-Time Home Buyers' (FTHB) GST/HST Rebate the law of the land. Then, just days later on March 25, 2026, Ontario Premier Doug Ford announced a temporary measure that goes even further — eliminating the full 13% HST on new homes for all buyers for an entire year. "Whether you're a first-time buyer or a seasoned homeowner, there has genuinely never been a moment like this for purchasing a new home in Ontario." Below, I'll walk you through both programs — who qualifies, how much you can save, and what you need to do to take advantage. The Federal First-Time Home Buyers' GST/HST Rebate The federal rebate works by refunding the full GST — or the federal portion of the HST — that first-time buyers pay on a new home purchase. In most of Canada, that's 5% of the purchase price. How much can you save? On a home priced at $1,000,000 or less, eligible first-time buyers receive a full rebate — up to $50,000 back. For homes priced between $1 million and $1.5 million, the rebate phases out gradually. At $1.25 million, for example, you'd still receive approximately $25,000. Who qualifies? To be eligible, you must: Be a first-time home buyer (you have not owned a home as your principal residence in the past four years) Have a spouse or common-law partner who is also a first-time buyer Intend to use the home as your primary residence Have signed your agreement of purchase and sale on or after March 20, 2025, and before January 1, 2031 For owner-built homes, construction must begin on or after May 27, 2025, and the home must be substantially completed before 2036. The rebate can only be claimed once per individual. If your spouse or partner has previously claimed it, you are not eligible. Now that the legislation has passed, builders can apply the rebate directly at closing in most cases — you may not need to file a separate claim. If your purchase closed before March 13, 2026, you'll need to apply directly to the CRA within two years of taking ownership. Important: This federal rebate applies to new construction and substantially renovated homes only. Resale homes are not eligible. Ontario's Two Provincial Programs Ontario has not just matched the federal initiative — it has introduced two separate programs that together make this the most significant tax relief moment for new home buyers in the province's recent history. Program One: Ontario First-Time Home Buyers' Provincial Rebate Announced in October 2025, Ontario's provincial rebate mirrors the federal program but covers the 8% provincial portion of the HST. For first-time buyers on a home under $1 million, this means a full rebate of up to $80,000. Combined with the federal rebate, qualifying first-time buyers in Ontario can save up to $130,000 total — $50,000 federal plus $80,000 provincial. This program applies to agreements signed on or after March 20, 2025. Program Two: Ontario's Temporary Full HST Removal (April 2026 – March 2027) This is the headline announcement. For one year — covering agreements of purchase and sale signed between April 1, 2026 and March 31, 2027 — Ontario will eliminate the full 13% HST on eligible new homes. And crucially, this program is not restricted to first-time buyers. It applies to anyone purchasing a new home as a primary residence or a residential rental property. Homes priced at $1,000,000 or less: Full 13% HST eliminated — up to $130,000 in savings Homes between $1M and $1.5M: Flat $130,000 reduction Homes between $1.5M and $1.85M: Declining rebate from $130,000 down to $24,000 Homes over $1.85M: Existing $24,000 provincial rebate still applies Note: Ontario's temporary full HST removal is subject to the passage of provincial Budget legislation. Speak with your lawyer or tax advisor for the most current status before making purchasing decisions. For First-Time Buyers If you've been waiting for the right moment to enter the market, this is as strong a financial signal as you're likely to see. On a $700,000 new home in Ontario, you could save up to $91,000 in HST alone under the full temporary removal — or up to $130,000 at the $1M threshold. Get your financing in order and talk to a local agent who understands new construction. For Move-Up Buyers & Investors The temporary full HST removal applies to all buyers — not just first-timers. If you've been considering a move-up purchase or adding a new build to your rental portfolio, the April 1, 2026 start date is an important trigger. This window closes March 31, 2027, so acting sooner rather than later gives you more time to find the right property and close before the deadline. How to Claim the Rebate — Step by Step The process is more straightforward than most people expect. Here's what to do: Talk to your builder first. Now that federal legislation has passed, builders can apply the rebate directly at the time of closing for purchases going forward. Ask your builder whether they'll be crediting the rebate on your statement of adjustments. If your purchase closed before March 13, 2026 and you're a qualifying first-time buyer, you'll need to apply directly to the CRA using Form GST190. You have up to two years from the date of closing to do so. Confirm your eligibility in writing. Work with a real estate lawyer who can review your purchase agreement, confirm you meet all qualifying criteria, and ensure the rebate is properly reflected in your closing documents. Keep your records. Retain all purchase documentation, correspondence with your builder, and proof of intent to use the home as your primary residence. "The difference between knowing about these programs and knowing how to apply them correctly can be the difference between claiming your full entitlement and leaving tens of thousands of dollars on the table." What This Means for the Sarnia–Lambton Market For buyers in the Sarnia-Lambton region, these programs arrive at an interesting moment. As we covered in our February 2026 market update, average prices in the area have moderated considerably — with the average sale price sitting at $421,186, down 21.7% year-over-year. With more inventory on the market than we've seen in years and prices at 2020 levels, the combination of a buyer's market and a once-in-a-generation tax relief window is notable. For those considering new construction specifically — whether in Sarnia, Corunna, Petrolia, or surrounding communities — the savings available through these programs can meaningfully change the financial math of a purchase. A new home at $650,000 that would previously carry over $84,000 in HST could now be acquired with that cost eliminated entirely under the temporary program. Whether you're a first-time buyer trying to get into the market or an existing homeowner thinking about a move-up purchase, understanding how these programs apply to your specific situation is an important first step. Tax rules have nuances, eligibility requirements are real, and the window — particularly for the Ontario temporary removal — is time-limited. Questions About the Rebate? Every situation is different. If you're thinking about buying a new home in the Sarnia-Lambton area and want to understand how these savings apply to your purchase, reach out to the Blue Coast Realty team for a no-obligation conversation. Free Home Evaluation Talk to Sean Share this post Facebook X / Twitter LinkedIn Blue Coast Realty 169 Christina Street N, Sarnia ON · 226-778-0747 · bluecoastteam.com © 2026 Blue Coast Realty. All rights reserved. ### [Welcome to the March 2026 Sarnia-Lambton Real Estate Market Update! ](https://www.sarniaproperty.com/blog_read/welcome-to-the-march-2026-sarnia-lambton-real-estate-market-update) .bcr-wrap { width: 100%; max-width: 100%; font-family: 'Source Sans 3', Georgia, sans-serif; font-size: 17px; line-height: 1.8; color: #2a2a3a; } .bcr-wrap * { box-sizing: border-box; } /* ── INTRO ── */ .bcr-intro { font-size: 17px; font-weight: 300; color: #3d3d5c; margin-bottom: 1.4em; } .bcr-intro strong { font-weight: 700; color: #1a1a2e; } /* ── SECTION HEADINGS ── */ .bcr-h2 { font-family: Georgia, 'Times New Roman', serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin: 44px 0 14px; padding-bottom: 10px; border-bottom: 3px solid #d4a017; } /* ── SNAPSHOT TABLE ── */ .bcr-snapshot { width: 100%; border-radius: 8px; overflow: hidden; border: 1px solid #e2ddd4; margin: 24px 0 32px; } .bcr-snapshot-head { background: #0c1c36; color: white; font-family: Georgia, serif; font-size: 15px; 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color: #f0c040; margin-bottom: 8px; } .bcr-policy h3 { font-family: Georgia, serif; font-size: 20px; font-weight: 700; color: white; margin: 0 0 14px; line-height: 1.3; } .bcr-policy p { color: rgba(255,255,255,0.72); font-size: 15px; margin-bottom: 12px; font-weight: 300; line-height: 1.7; } .bcr-policy p:last-of-type { margin-bottom: 0; } .bcr-policy strong { color: #f0c040; font-weight: 700; } .bcr-policy-stats { display: flex; gap: 14px; margin-top: 22px; flex-wrap: wrap; } .bcr-policy-stat { flex: 1; min-width: 110px; background: rgba(255,255,255,0.09); border-radius: 6px; padding: 14px 16px; text-align: center; } .bcr-policy-stat-num { font-family: Georgia, serif; font-size: 28px; font-weight: 700; color: #f0c040; line-height: 1; margin-bottom: 5px; } .bcr-policy-stat-label { font-size: 11px; color: rgba(255,255,255,0.5); font-weight: 600; letter-spacing: 0.3px; } /* ── DIVIDER / CTA ── */ .bcr-divider { border: none; border-top: 1px solid #e2ddd4; margin: 44px 0; } .bcr-cta { background: #f7f6f2; border: 1px solid #e2ddd4; border-radius: 8px; padding: 36px 32px; text-align: center; margin: 44px 0 20px; } .bcr-cta h3 { font-family: Georgia, serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin-bottom: 10px; } .bcr-cta p { color: #3d3d5c; font-size: 15px; max-width: 560px; margin: 0 auto 22px; font-weight: 300; } .bcr-btn { display: inline-block; background: #0c1c36; color: white !important; font-size: 14px; font-weight: 700; letter-spacing: 0.8px; padding: 13px 26px; border-radius: 4px; text-decoration: none !important; margin: 0 6px 10px; } .bcr-btn.gold { background: #d4a017; color: #0c1c36 !important; } .bcr-cta-sub { margin-top: 14px; font-size: 13px; color: #888; } .bcr-cta-sub a { color: #0c1c36; font-weight: 600; text-decoration: none; } p { margin-bottom: 1.4em; } After months of declining sales and softening prices, March 2026 delivered something we hadn't seen in a while in the Sarnia-Lambton housing market: stability. Sales held flat compared to a year ago — the first time in recent months we didn't see a year-over-year decline — and average prices bounced back by a notable 8%. Whether you're thinking about buying a home in Sarnia, selling a home in Sarnia, or simply keeping an eye on the Ontario housing market, this monthly update from Blue Coast Realty breaks down exactly what happened in March and what it means for you. Understanding the local Sarnia real estate market is more important than ever right now. National headlines don't always reflect what's happening in your neighbourhood, and the decisions you make about real estate should be based on local data, not general assumptions. That's why we put together this detailed look at the March 2026 Sarnia-Lambton market statistics, with clear explanations of what the numbers mean for buyers and sellers in our community.                                                                                                       March 2026 Market Snapshot Sarnia-Lambton MLS® Residential Statistics · March 2026 Total Homes Sold 120 units FLAT YR/YR Year-to-Date Sales 272 units −9.3% from 2025 Average Sale Price $530,780 +8.0% YR/YR Median Sale Price $475,000 +3.5% YR/YR Year-to-Date Average Price $484,276 −4.8% from 2025 Total Dollar Volume $63.7 million +8.0% YR/YR New Listings 321 +13.0% YR/YR · 10+ year March high Active Listings (end of month) 532 −9.7% YR/YR Months of Inventory 4.4 months down from 4.9 in Mar 2025 Median Days on Market 26.5 days Sale-to-List Price Ratio 96.7% Source: Sarnia-Lambton Association of REALTORS® / CREA MLS® Statistics, March 2026. What's Happening in the Sarnia-Lambton Housing Market? March 2026 marked an important turning point for the Sarnia-Lambton housing market. After six consecutive months of year-over-year sales declines, the market finally found its footing. According to the Sarnia-Lambton Association of REALTORS®, 120 homes sold through the MLS® System in March — exactly matching the 120 sales recorded in March 2025. That flat reading may sound unremarkable on its own, but in the context of what this market has been through over the past year, it's a meaningful signal. Pricing told an even more encouraging story. The average sale price rose to $530,780, up 8.0% from March 2025 — the strongest year-over-year price gain we've seen in a while. The median sale price climbed to $475,000, up 3.5%. These numbers suggest that well-priced homes are attracting real buyer interest again, particularly in the single-detached segment where the average price hit $545,925 and the median reached $512,500. New listings surged to 321 in March — a 13% increase from last year and the highest March listing count in at least a decade. The spring market has clearly arrived. Sellers are coming out in force, giving buyers more options than they've had in years. Despite that influx of new supply, active listings at month-end actually declined — dropping 9.7% to 532 homes compared to 589 a year ago. That's a notable shift: more homes coming to market, but the inventory overhang from last year is beginning to clear. Key Takeaway Months of inventory dropped to 4.4 months from 4.9 in March 2025 — moving toward the upper end of a balanced market. For reference: under 4 months generally favours sellers, 4–6 months is balanced, and above 6 months favours buyers. We're in balanced territory and tightening. It's worth noting that year-to-date numbers still look soft — 272 sales through the end of March, down 9.3% from last year, and an average price of $484,276, down 4.8%. But those numbers are carrying the weight of a very slow January and February. March itself told a different story, and that momentum is worth watching as we head into the spring market. What This Means for Buyers If you're thinking about buying a home in Sarnia or Lambton County, March's numbers present an interesting picture. The market is no longer as deeply in buyer's territory as it was even a few months ago. Inventory is declining, prices are recovering, and competition — while still modest — is picking up in the detached home segment. That said, buyers still have meaningful advantages right now. With 4.4 months of inventory on the market — well above the long-run Sarnia average of around 2.5 to 3 months — you have more homes to choose from than in the peak frenzy years. Homes are still selling for roughly 3.3% below asking price on average, and the median days on market of 26.5 days means there is still time to do your due diligence properly. First-time buyers and anyone considering a new construction home should pay close attention to the provincial and federal announcements made at the end of March. The new HST rebate could dramatically change the math on buying a newly built home in Ontario — potentially saving you up to $130,000 on a qualifying purchase. For Buyers The window of buyer-friendly conditions is still open, but it's narrowing — especially in the detached home market. If you've been sitting on the fence waiting for the right moment, spring 2026 is worth a serious look. What This Means for Sellers For sellers, March 2026 is the first genuinely encouraging month in quite some time. The 8% jump in average prices tells you that motivated, well-priced homes are generating real buyer interest. Demand is coming back — slowly, but it's coming. The important caveat is that the market is rewarding correctly priced homes, not overpriced ones. The sale-to-list price ratio of 96.7% means the average home is still selling for about 3.3% below asking. Sellers who price based on wishful thinking rather than current market comparables are still sitting on the market longer than necessary. The good news is that active inventory is declining. With 532 active listings — down nearly 10% from a year ago — there is a bit less competition for your listing than there was this time last year. If you're thinking about listing, getting ahead of the spring wave makes strategic sense. For Sellers The tide is turning in your favour, but the market still rewards preparation and smart pricing. Professional photos, a strong marketing plan, and a realistic list price are your best tools right now. National News & Policy Updates March 2026 brought some of the most significant housing policy news in years. Here's what every buyer and seller in Sarnia-Lambton should know. Major Announcement · March 26, 2026 Ontario Removes Full 13% HST on New Home Purchases In a landmark joint announcement, Prime Minister Mark Carney and Premier Doug Ford revealed that the full 13% HST will be removed on new home purchases in Ontario valued up to $1 million — effective for eligible purchase agreements signed between April 1, 2026 and March 31, 2027. Previously, only the federal GST portion was rebated, and only for first-time buyers. This new deal extends the full HST relief to all buyers on eligible new builds — and it's only available for one year. The federal and Ontario governments are also cost-matching $8.8 billion over 10 years in development charge reductions, designed to lower the underlying cost of building new homes across the province. $130K Max savings on a $1M new build Apr 1 Effective start date 1 Year Window closes Mar 31, 2027 If you're even remotely considering a new construction home in Sarnia-Lambton, this announcement deserves your full attention. The savings are real, the window is limited, and the April 1st start date means agreements signed right now qualify. Talk to your REALTOR® before someone else does. Bill C-26 was also introduced on March 26 by Finance Minister François-Philippe Champagne — a proposed $1.7 billion transfer to provinces and territories to fund housing supply measures, including reducing development fees and streamlining approvals. This is part of the broader Build Canada Homes initiative. Bank of Canada Holds at 2.25% At its March 18, 2026 announcement, the Bank of Canada held its overnight rate at 2.25% — the third consecutive hold, keeping the prime lending rate at 4.45%. The BoC cut rates seven times between June 2024 and October 2025, dropping the rate from 5.00% all the way down to 2.25%. Since then, it has paused. The reason for the hold is a difficult balancing act. Canada's economy contracted 0.6% in Q4 2025 and the country shed 84,000 jobs in February alone. At the same time, the conflict in the Middle East is pushing oil toward US$90–$100 per barrel, raising the risk of renewed inflation. The Bank finds itself caught between a weakening economy and rising energy-driven inflation risk on the other. Mortgage Rate Watch While the overnight rate is holding steady, fixed mortgage rates are quietly rising as bond markets price in the risk that energy-driven inflation could last. The next BoC decision is April 29, 2026. If you're shopping for a fixed rate or coming up for renewal, getting a pre-approval locked in now could save you money. There's also a major renewal story playing out nationally in 2026. Over one million Canadian households are renewing mortgages this year — many of whom locked in at rates below 2% back in 2021. CMHC estimates these homeowners could face a payment increase of 15% to 40% at renewal. For someone with a $500,000 mortgage, that could mean monthly payments jumping by approximately $800. If your mortgage is renewing in the next 12–18 months, it's worth having a conversation with a mortgage professional sooner rather than later. Local Market Insights Within the Sarnia-Lambton area, Sarnia North remained the most active neighbourhood with 56 sales in March at an average price of $519,886 — up from $470,982 a year ago. Point Edward and the Lakeshore areas commanded the highest average prices at $724,836 on 11 sales, while Sarnia South and Lambton averaged $488,490 across 20 transactions. When it comes to what's selling, bungalows dominated as usual — 57 sales at an average of $579,297. Two-storey homes came in second with 15 sales averaging $627,186, and one-and-a-half storey homes accounted for 12 sales averaging $405,548. The bulk of activity concentrated in the $500,000 to $699,999 range — 49 sales, roughly 40% of all transactions. The $300,000 to $499,999 range accounted for another 38 sales. Entry-level supply below $300,000 remains extremely thin, with only five sales in that range. The apartment and condominium segment continues to lag with just 3 sales in March and 6.7 months of inventory. What Could Happen Next? The signals heading into April and May are more positive than they've been in over a year. Sales have stabilized, prices are recovering, inventory is tightening, and the spring listing season is fully underway. If buyer demand continues to pick up — as historically happens in April and May — we could see the market move closer to balanced conditions by early summer. The HST rebate announcement is a potential wildcard that could meaningfully stimulate new construction demand across Ontario. The risks haven't disappeared — the BoC is in a difficult position, the CUSMA trade review in July 2026 adds uncertainty, and the mortgage renewal wave will continue to create pressure for some owners. But the overall direction of this market has shifted. The Canadian Real Estate Association is forecasting approximately 494,500 national home sales in 2026 — a 5.1% increase over 2025 — led largely by recovery in Ontario and British Columbia. Their next quarterly forecast drops April 16, 2026. Final Thoughts March 2026 feels like the beginning of a shift — not a dramatic reversal, but a meaningful turn in the right direction for the Sarnia-Lambton housing market. Sales have stopped falling, prices have bounced back, and inventory is tightening. The spring market is here. For buyers, the window of opportunity that defined the past 18 months is still open, but the lock is starting to turn. For sellers, the tide is genuinely moving in your favour — pricing strategy and preparation still matter, but the market backdrop is improving. And for anyone even considering a new build, the HST announcement is the most significant financial incentive to enter the new construction market that we've seen in a generation. A one-year window, up to $130,000 in tax savings. If that's on your radar at all, now is the time to start the conversation. Ready to Make Your Move? If you're thinking about buying or selling in the Sarnia-Lambton area, having the right local insight can make a big difference. Reach out to the Blue Coast Realty team for a no-obligation conversation about your real estate goals. Free Home Evaluation Search Listings Visit bluecoastteam.com  ·  Call 226-778-0747  ·  169 Christina Street N, Sarnia ON ### [April 2026 Sarnia-Lambton Market Update | The Real Reason Buyers Pumped the Brakes](https://www.sarniaproperty.com/blog_read/april-2026-sarnia-lambton-market-update-the-real-reason-buyers-pumped-the-brakes) .bcr-wrap { width: 100%; max-width: 100%; font-family: 'Source Sans 3', Georgia, sans-serif; font-size: 17px; line-height: 1.8; color: #2a2a3a; } .bcr-wrap * { box-sizing: border-box; } .bcr-intro { font-size: 17px; font-weight: 300; color: #3d3d5c; margin-bottom: 1.4em; } .bcr-intro strong { font-weight: 700; color: #1a1a2e; } .bcr-h2 { font-family: Georgia, 'Times New Roman', serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin: 44px 0 14px; padding-bottom: 10px; border-bottom: 3px solid #d4a017; } /* VIDEO PLACEHOLDER */ .bcr-video-placeholder { width: 100%; background: #0c1c36; border-radius: 8px; padding: 40px 24px; text-align: center; margin: 32px 0 10px; 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font-weight: 700; } .bcr-policy-stats { display: flex; gap: 14px; margin-top: 22px; flex-wrap: wrap; } .bcr-policy-stat { flex: 1; min-width: 110px; background: rgba(255,255,255,0.09); border-radius: 6px; padding: 14px 16px; text-align: center; } .bcr-policy-stat-num { font-family: Georgia, serif; font-size: 28px; font-weight: 700; color: #f0c040; line-height: 1; margin-bottom: 5px; } .bcr-policy-stat-label { font-size: 11px; color: rgba(255,255,255,0.5); font-weight: 600; letter-spacing: 0.3px; } .bcr-divider { border: none; border-top: 1px solid #e2ddd4; margin: 44px 0; } /* CTA */ .bcr-cta { background: #f7f6f2; border: 1px solid #e2ddd4; border-radius: 8px; padding: 36px 32px; text-align: center; margin: 44px 0 20px; } .bcr-cta h3 { font-family: Georgia, serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin-bottom: 10px; } .bcr-cta p { color: #3d3d5c; font-size: 15px; max-width: 560px; margin: 0 auto 22px; font-weight: 300; } .bcr-btn { display: inline-block; background: #0c1c36; color: white !important; font-size: 14px; font-weight: 700; letter-spacing: 0.8px; padding: 13px 26px; border-radius: 4px; text-decoration: none !important; margin: 0 6px 10px; } .bcr-btn.gold { background: #d4a017; color: #0c1c36 !important; } .bcr-cta-sub { margin-top: 14px; font-size: 13px; color: #888; } .bcr-cta-sub a { color: #0c1c36; font-weight: 600; text-decoration: none; } p { margin-bottom: 1.4em; } After March gave us the first signs of stabilization in months, April 2026 delivered a curveball. Sales activity pulled back 15.8% year-over-year, and the question on everyone's mind is: is this the beginning of another downturn, or just a temporary pause? The answer, based on the data, is that this looks like a pause — and the cause is largely traceable to a single event: a mid-March spike in fixed mortgage rates that spooked buyers right at the start of spring. Whether you're buying a home in Sarnia, selling, or simply tracking the market, this monthly update from Blue Coast Realty breaks down exactly what happened in April and, more importantly, what it means going forward. Watch the full April 2026 market update video above, or read the complete breakdown below. April 2026 Market Snapshot Sarnia-Lambton MLS® Residential Statistics · April 2026 Total Homes Sold 144 units −15.8% YR/YR Year-to-Date Sales 415 units −11.9% from 2025 Average Sale Price $530,217 −3.8% YR/YR Median Sale Price $459,950 −7.8% YR/YR Single Family Average Price $567,860 +1.6% YR/YR MLS® HPI Composite Benchmark $502,900 +3.1% from last month Year-to-Date Average Price $500,745 −4.4% from 2025 Total Dollar Volume $76.35 million −18.9% YR/YR New Listings 309 −5.2% YR/YR Active Listings (end of month) 565 −8.0% YR/YR Months of Inventory 3.9 months Median Days on Market 22.0 days (unchanged YR/YR) Sale-to-List Price Ratio 97.6% Source: Sarnia-Lambton Association of REALTORS® / CREA MLS® Statistics, April 2026. MLS® Home Price Index — April 2026 For the first time in our monthly updates, we have MLS® Home Price Index (HPI) benchmark data for Sarnia-Lambton. The HPI is the most reliable way to track true price movement over time because it controls for the mix of homes sold — comparing like for like rather than averaging across very different properties. Here's what it shows for April 2026: Sarnia-Lambton MLS® HPI Benchmark Price · April 2026 Benchmark Type April 2026 1 Month 3 Months 6 Months 12 Months Composite $502,900 +3.1% +0.5% +0.2% −2.8% Single Family $502,900 +3.1% +0.5% +0.2% −2.8% One Storey (Bungalow) $546,900 +2.8% +0.8% −1.1% −1.6% Two Storey $449,300 +3.5% 0.0% +2.5% −4.3% Source: CREA MLS® Home Price Index, April 2026. Percentage changes vs. benchmark price at noted time periods. Why the HPI Matters The HPI jumped 3.1% in a single month — even as the average sale price fell 3.8% year-over-year. This tells us the drop in average price is about what sold (fewer high-end transactions), not about home values actually declining. The benchmark home — a typical 3-bedroom detached with a single garage — is worth more than it was a month ago. What Happened in April — And Why April 2026 saw 144 residential sales through the Sarnia-Lambton MLS® System — a 15.8% drop from the 171 sales recorded in April 2025. That's the sharpest year-over-year decline we've seen since last fall, and it comes right on the heels of March's encouraging flat reading. So what changed? The most direct cause is what happened to fixed mortgage rates in the second half of March. As Middle East conflict drove oil prices higher, inflation expectations climbed, which pushed bond yields up sharply. The best nationally advertised 5-year insured fixed mortgage rate went from around 3.79% in early March to 4.04% by month-end — a jump of 25 basis points in just a few weeks. For a buyer financing $500,000, that's an additional $70–$80 per month in carrying costs. Many buyers who were close to a purchase decision paused to see if rates would come back down. That pause showed up directly in April's closing numbers. This is fundamentally different from a market where buyers are absent because they can't find homes they want, or because they're pessimistic about prices. The underlying demand is there — it's been delayed by rate uncertainty, not destroyed by it. The Rate Story 5-year fixed mortgage rates jumped 25–40 basis points in the second half of March due to the Iran conflict driving oil prices and bond yields higher. Variable rates remain around 3.35% — significantly cheaper than fixed. For rate-sensitive buyers, variable is worth a serious look right now. What's more telling is what didn't happen in April. Active listings fell — not rose. They are now 8% below last year's level (565 vs. 614). Homes that did sell closed in 22 days — exactly the same as a year ago. The sale-to-list ratio of 97.6% held steady. The HPI benchmark rose 3.1% in a single month. These are not the signals of a market in trouble. They're the signals of a market that took a breath. What This Means for Buyers If you're a buyer, April's lower sales volume is actually working in your favour right now. Fewer competing buyers means less pressure to act quickly, more room to negotiate, and more time to do proper due diligence. With 3.9 months of inventory — just below the 4-month level that tends to favour sellers — you still have meaningful selection and negotiating power. The rate question is the central decision for buyers right now. The gap between fixed and variable rates is significant — around 3.35% variable versus 3.90–4.10% fixed. Over a 5-year term on a $500,000 mortgage, that gap translates to thousands of dollars in interest. If you believe the Bank of Canada holds or cuts rates in the second half of 2026, variable looks attractive. If you value payment certainty more than rate optimization, locking in now before any further fixed rate increases may be the right move. For Buyers This pause in the market is a window of opportunity. Less competition, more selection, and still-reasonable pricing. If you're ready to move, don't wait for rates to be perfect — get a pre-approval locked in and use the current breathing room to find the right home. What This Means for Sellers April was a harder month to be a seller, there's no sugarcoating it. With 15.8% fewer buyers in the market, competition for any given listing increased and buyer urgency decreased. The 97.6% sale-to-list ratio tells you buyers are negotiating — not overpaying. Homes that were overpriced sat; homes that were priced right still sold in 22 days. The encouraging signal for sellers is that active inventory is still below last year's level. Despite the sales slowdown, the supply-demand balance hasn't dramatically shifted. If the rate environment stabilizes and buyers who were waiting on the sidelines return — as CREA and most economists expect — the window of softer conditions may be short. For Sellers Pricing accuracy has never been more important. In a thinner market, overpricing is punished quickly. Price right from day one, invest in professional presentation, and be patient — the buyers are there, they're just being more deliberate about when they act. National News & Policy Updates Bank of Canada · April 29, 2026 Rate Held at 2.25% — Fourth Consecutive Hold The Bank of Canada held its overnight rate at 2.25% on April 29 — unchanged since October 2025. Governor Tiff Macklem laid out three key messages: Canada's economy is growing despite global headwinds; energy-driven inflation is pushing CPI toward 3% in April; and the Bank's focus is making sure the oil price spike doesn't become persistent inflation. GDP growth is forecast at 1.2% for 2026, rising to 1.6% in 2027. The unemployment rate remains in the 6.5%–7% range. Variable mortgage rates (prime minus discount) remain around 3.35%. The next decision is June 10, 2026 — no rate change is expected. 2.25% BoC overnight rate — held since Oct 2025 ~3% Projected CPI inflation April 2026 Jun 10 Next BoC rate decision The Bank's messaging signals it could move in either direction depending on how the Middle East conflict and CUSMA trade negotiations evolve. If the United States hits Canada with sharper trade restrictions in the wake of the upcoming CUSMA review, the Bank may need to cut the policy rate further to support the economy — while a sustained oil-driven inflation spike could push rates higher. For now, the BoC is watching and waiting. CREA Downgrades Its 2026 Forecast On April 16, 2026, the Canadian Real Estate Association revised its national housing market forecast downward. Some 474,972 residential properties are forecast to trade hands via Canadian MLS® Systems in 2026, representing an increase of just 1% from 2025 — a significant cut from the 5.1% growth forecast issued in January. The core reason: rising global economic uncertainty, along with a mid-month jump in fixed mortgage rates tied to incoming higher inflation, piled on to an already shaky economic start to the year. CREA senior economist Shaun Cathcart noted that the timing of higher mortgage rates could keep would-be buyers away during the spring market as they wait for rates to come back down. Silver Lining CREA notes that its sales and price forecasts could be revised upward if the current oil shock and associated inflation prove short-lived. A CUSMA resolution or a cooling of Middle East tensions could shift buyer confidence quickly. Royal LePage CEO Phil Soper: "Good news in any of the geopolitical high level areas could definitely lead to a fairly rapid change in behaviour." Fixed Mortgage Rates — What's Actually Happening While the Bank of Canada's overnight rate gets the headlines, the more relevant number for most homebuyers right now is the 5-year fixed mortgage rate — and that number moved significantly in March and April. The best nationally advertised 5-year insured fixed mortgage rates increased by roughly 25 to 40 basis points since mid-March, moving from around 3.79% at the start of the month to roughly 4.04%. Variable mortgage rates remain lower than comparable fixed terms, with the lowest nationally available 5-year variable rate at around 3.35%, compared with roughly 3.9–4.1% for the most competitive 5-year fixed rate. For buyers who are comfortable with some rate variability, the variable option is meaningfully cheaper right now — and the Bank of Canada has signalled it's not planning rate hikes unless inflation becomes persistent. Local Market Insights Within the Sarnia-Lambton region, Point Edward and the Lakeshore corridor continued to command exceptional prices — 19 sales at an average of $853,363 in April, the highest of any area in the region by a wide margin. Sarnia North remained the volume leader with 71 sales, though that's down from 86 a year ago. Average prices in Sarnia North held near $519,589 — remarkably stable given the broader softness. Looking at what's selling, bungalows remain king — 55 sales at an average of $593,580. Two-storey homes came in second with 25 sales averaging $618,976. The bungalow's dominance continues to define this market's character. The most active price band in April was the $400,000–$499,999 range with 36 sales — accounting for roughly 25% of all residential transactions. There were zero sales under $200,000, confirming that truly affordable entry-level housing remains essentially unavailable through the MLS® system. The apartment and condominium segment remains quiet — a handful of sales with elevated inventory and long days on market. This continues to reflect the broader national story of oversupply in the condo segment following years of speculative pre-construction activity. What Could Happen Next? The second half of 2026 carries several potential turning points that could shift the Sarnia-Lambton market meaningfully. The CUSMA trade agreement review in July is the most consequential near-term event for Canadian business and consumer confidence. A positive resolution — or even a framework for one — could release pent-up demand relatively quickly. Royal LePage's Phil Soper has been direct about this: positive news on trade or the Middle East conflict could trigger a rapid turnaround in buyer behaviour. The June 10 Bank of Canada decision is also worth watching. CIBC economist Avery Shenfeld notes the BoC's dual messaging — referencing both potential rate cuts if trade worsens and potential hikes if energy inflation persists — signals a central bank that thinks it could stand pat for some time. That stability, while frustrating for rate watchers, actually gives buyers a more predictable planning environment than the rapid-cut cycle of 2024–2025. Locally, the structural fundamentals are intact. Inventory remains below last year's levels, the HPI benchmark is moving up, and the typical home is still selling in 22 days at 97.6% of asking. When buyer confidence returns — and based on the history of this market, it tends to return quickly when conditions improve — the reduced inventory will be felt fast. Final Thoughts April 2026 was a step back after March's step forward. But the reasons behind it — a mid-March spike in fixed mortgage rates driven by global energy markets — are identifiable, external, and potentially temporary. The buyers who paused in April haven't left the market. They're watching, waiting for clarity on rates and trade, and they'll be back. The HPI benchmark rising 3.1% in a single month tells you something important: when buyers do transact, they're paying more for typical homes, not less. The underlying value is there. What's missing is the confidence to act — and that can change quickly. Whether you're thinking about buying or selling in Sarnia-Lambton, the most important thing you can do right now is stay close to the data and work with someone who can help you read it correctly. This isn't the time to make decisions based on national headlines that may not reflect what's happening on your street. Let's Talk About Your Real Estate Goals Whether you're thinking about buying, selling, or just want to understand what the market means for your situation, the Blue Coast Realty team is here to help with local expertise and honest advice. Free Home Evaluation Search Listings Visit bluecoastteam.com  ·  Call 226-778-0747  ·  169 Christina Street N, Sarnia ON ### [Sarnia-Lambton Real Estate Market Update – May 2026 | Slower Sales, Faster Closings: What's Really Happening](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-may-2026-slower-sales-faster-closings-whats-really-happening) .bcr-wrap { width: 100%; max-width: 100%; font-family: 'Source Sans 3', Georgia, sans-serif; font-size: 17px; line-height: 1.8; color: #2a2a3a; } .bcr-wrap * { box-sizing: border-box; } .bcr-intro { font-size: 17px; font-weight: 300; color: #3d3d5c; margin-bottom: 1.4em; } .bcr-intro strong { font-weight: 700; color: #1a1a2e; } .bcr-h2 { font-family: Georgia, 'Times New Roman', serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin: 44px 0 14px; padding-bottom: 10px; border-bottom: 3px solid #d4a017; } /* SNAPSHOT TABLE */ .bcr-snapshot { width: 100%; border-radius: 8px; overflow: hidden; border: 1px solid #e2ddd4; 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text-decoration: none; } p { margin-bottom: 1.4em; } May 2026 told a quiet but interesting story for the Sarnia-Lambton housing market. Sales pulled back again — down 14% from May 2025 — but the homes that did sell moved faster than they have in over a year, with single-family homes spending just 18 days on market at 98% of asking price. And for the second straight month, average prices actually rose. Whether you're thinking about buying or selling in Sarnia-Lambton, this monthly update from Blue Coast Realty cuts through the headlines to show you what's actually happening in the local market. ▶ Click to watch the full May 2026 Sarnia-Lambton market update on YouTube May 2026 Market Snapshot Sarnia-Lambton MLS® Residential Statistics · May 2026 Total Homes Sold 154 units −14.0% YR/YR Year-to-Date Sales 569 units −12.5% from 2025 Average Sale Price $558,509 +2.7% YR/YR Median Sale Price $476,500 −5.6% YR/YR Single Family Average Price $572,268 +2.7% YR/YR MLS® HPI Composite Benchmark $497,100 +3.2% over 3 months Total Dollar Volume $86.0 million −11.6% YR/YR New Listings 368 +7.9% YR/YR · 10-year May high Active Listings (end of month) 637 +2.7% YR/YR · all-time May high Months of Inventory 4.1 months Median Days on Market 21.0 days −4 days vs May 2025 Sale-to-List Price Ratio 97.8% up from 97.2% Source: Sarnia-Lambton Association of REALTORS® / CREA MLS® Statistics, May 2026. MLS® Home Price Index — May 2026 The MLS® Home Price Index (HPI) controls for the mix of homes that sold each month, making it the most reliable measure of underlying value changes. Here's where Sarnia-Lambton's benchmark home prices stand at the end of May: Sarnia-Lambton MLS® HPI Benchmark Price · May 2026 Benchmark Type May 2026 1 Month 3 Months 6 Months 12 Months Composite $497,100 −1.2% +3.2% +0.1% −2.5% Single Family $497,100 −1.2% +3.2% +0.1% −2.5% One Storey (Bungalow) $543,800 −0.6% +4.6% +0.7% +0.3% Two Storey $440,200 −2.0% +1.1% −0.7% −6.0% Source: CREA MLS® Home Price Index, May 2026. Percentage changes vs. benchmark price at noted time periods. Reading the HPI The HPI dipped 1.2% from April but is still up 3.2% over the past 3 months — meaning the underlying value of a typical Sarnia-Lambton home is meaningfully higher than it was in February. Bungalows in particular are up 4.6% over 3 months and now slightly above where they were a year ago — the strongest segment in the market. What Actually Happened in May The most important number this month isn't the 14% sales drop — it's the 21-day median time on market. For single-family homes, it was just 18 days, down from 21.5 days last May. Sale-to-list price ratios climbed slightly to 97.8% across the market and 98.0% for single-family homes. Translation: when a home in Sarnia-Lambton was priced right and presented well in May, it sold fast and close to asking. So why fewer sales? The answer is the same one that explained April: fixed mortgage rates remain elevated. The best 5-year fixed sits around 4.00% as of early June, up roughly 35 to 40 basis points from where it was in early March. That increase pushed many buyers — particularly first-time buyers and those at the edge of affordability — to wait. The buyers who are still active and transacting are the ones with strong financial positions and clear intent. They're not creating bidding wars, but they're not hesitating either. What's unusual about May is the seller behaviour. New listings hit 368 — the highest May count on record. Active inventory closed at 637, also a record May high. Sellers are clearly committed to the spring market even as buyer activity stays cautious. That mismatch is what's pushing months of inventory up to 4.1 — technically above the 4.0 line that typically separates balanced from buyer-friendly markets. The Rate Story As of June 5, 2026: best 5-year fixed at 4.00–4.04%, best 5-year variable at 3.30–3.35%. The gap between fixed and variable is now over 65 basis points. For rate-sensitive buyers, variable rates are worth a serious look — especially with the Bank of Canada signalling rates are likely to hold or possibly rise (not fall) through 2026. What This Means for Buyers Buyers right now have the best selection Sarnia-Lambton has seen in over a decade. 637 active listings at end-of-May is an all-time May record. That's more choice, more time to evaluate, and meaningful negotiating room — homes are still selling at roughly 2.2% below asking on average. The strategic question is the rate decision. Variable rates are nearly 70 basis points cheaper than fixed today, and most major bank economists expect the Bank of Canada to hold or even raise its policy rate through 2026 rather than cut. If that forecast plays out, variable rate borrowers won't see the relief they hoped for — but they also won't see costs jump dramatically. Fixed-rate borrowers get certainty, but at a meaningful premium. For Buyers The selection won't last forever. If the Bank of Canada holds steady on June 10 (most likely outcome) and the CUSMA trade review in July goes well, expect the buyers who paused in April and May to come back. Get pre-approved now while there's still time to look carefully. What This Means for Sellers Sellers face the most competition they've seen in years — but the good news is that buyers ARE buying when the price and presentation are right. The 18-day median time on market for single-family homes tells you that. So does the 98% sale-to-list ratio. The market is functional. It's just selective. Pricing accuracy is everything right now. With 637 listings to choose from, buyers immediately discount homes priced above comparable sales. Homes priced 2-3% above market are sitting; homes priced at or just below comparable sales are getting attention quickly. The era of "list high and negotiate down" is over for this season. Presentation matters more than ever too. Professional photos, decluttering, fresh paint, and small staging touches are the difference between selling in 18 days and sitting for 60. The buyers who are out there are looking carefully — give them no reason to scroll past your listing. For Sellers If you've been considering listing, the next 60 days matter. The June 10 Bank of Canada decision and the July CUSMA review could shift buyer confidence quickly in either direction. Price right, present well, and be ready to move — that's the formula in a competitive market. National News & Policy Updates Bank of Canada · Next Decision June 10, 2026 Held at 2.25% — But Hike Odds Are Rising The Bank of Canada held its overnight rate at 2.25% at its April 29 announcement — the fourth consecutive hold since October 2025. Prime rate stays at 4.45%. The next decision lands June 10, 2026. What's changed: prediction markets now assign a 16% probability of a rate HIKE at upcoming meetings, with only 21% expecting cuts. The driver is energy-driven inflation from the Middle East conflict. Governor Tiff Macklem signalled in April that a rate hike may be needed to "steer around" energy inflation if oil prices stay elevated. 2.25% BoC overnight rate 65% Market odds of June 10 hold 16% Odds of a rate HIKE in 2026 Mortgage Rates — Where They Stand As of June 5, 2026: Best 5-year fixed: 3.99–4.04% Best 5-year variable: 3.30–3.35% Best 3-year fixed: 4.04% Prime rate: 4.45% Fixed rates have risen approximately 35-40 basis points since the Middle East conflict began driving up bond yields in March. The forecast picture is mixed: National Bank sees the BoC holding at 2.25% through 2026 then rising to 2.75% by mid-2027. Scotiabank is more aggressive, projecting the BoC could rise to 3.00% by end of 2026. TD sees rates holding at 2.25% all the way through 2031. The range of forecasts tells you something important — there's real uncertainty about which way rates move next. CREA National Snapshot National home sales were up 0.7% month-over-month in April but still 4% below April 2025. CREA economist Shaun Cathcart: "This latest bout of global economic uncertainty and higher mortgage rates means the previously expected rebound in housing markets this year will continue to be muted, but it does not mean there will be no upward momentum at all." Next CREA update releases June 16, 2026. HST Rebate Reminder — 10 Months Left The Ontario government's HST rebate on new home purchases up to $1 million — saving qualifying buyers up to $130,000 — remains in effect for purchase agreements signed between April 1, 2026 and March 31, 2027. We're now two months into that one-year window, with 10 months remaining. Anyone considering a new construction home in Sarnia-Lambton should be evaluating this opportunity now. Local Market Insights Sarnia North (DISTSN) remained the most active area with 93 sales at an average of $495,516. The Point Edward and Lakeshore corridor (DISTPL) continued to command premium pricing — 14 sales at an average of $679,982. Sarnia South / Lambton (DISTSL) averaged $604,019 across 16 transactions, the second-highest area average in the region. The notable shift was in the outer areas. Sarnia East dropped from 13 sales last May to just 6 this May. Lambton Areas fell from 12 sales to 3. Bright's Grove had zero residential sales in May 2026. The volume pullback is most concentrated in the secondary markets — the core Sarnia neighbourhoods are holding up better than the outlying areas. On the home type front, bungalows broke the $600K average mark for the first time in months, with 72 sales at an average of $607,496. Two-storey homes saw 21 sales at an average of $576,662. Bungalows now represent roughly half of all residential sales in any given month — they remain the defining product of this market. One unusual feature of May: luxury activity. The MLS recorded 18 sales in the $800K-$899K range, plus a sale over $3 million — rare for this market. The presence of high-end transactions is part of why the average price came in at $558K despite the median falling. The market mix in May skewed slightly more upscale than typical. What Could Happen Next? The next 60 days carry significant inflection points. The June 10 Bank of Canada decision is the immediate one — markets are pricing in a 65% chance of a hold, but a 16% chance of a hike has crept into the conversation. Either outcome will affect buyer behaviour quickly. The bigger event is the CUSMA (USMCA) trade agreement review in July. A positive outcome could release the consumer confidence that's been sitting on the sidelines. A negative outcome could deepen the slowdown. The Bank of Canada has been explicit that trade uncertainty is one of the primary headwinds for the Canadian economy right now. For Sarnia-Lambton specifically, the fundamentals remain solid. Days on market are improving, sale-to-list ratios are strong, HPI benchmark prices are up over the past 3 months, and bungalow prices in particular are showing strength. When buyer confidence returns — and based on the history of this market, it tends to return quickly — the record-high inventory will be absorbed faster than people expect. Final Thoughts May 2026 was a slower month for volume, but it was a healthy month for transactions. The buyers who are active are committed. Sellers who price right are selling quickly. Average and HPI prices are holding firm or rising. This is not a market in trouble — it's a market in pause. The variables to watch are rates and trade. If the Bank of Canada holds on June 10 (most likely) and the CUSMA review delivers clarity in July, the buyers who paused this spring will likely return through the summer. That would mean tighter inventory and firmer prices heading into fall. If you're thinking about your next move in real estate — buying, selling, or just trying to understand what these numbers mean for your situation — the most valuable thing you can do is talk with someone who's watching this market every day. Let's Talk About Your Real Estate Goals Whether you're thinking about buying or selling in Sarnia-Lambton, the Blue Coast Realty team brings local expertise and honest advice to every conversation. No pressure — just clarity. Free Home Evaluation Search Listings Visit bluecoastteam.com  ·  Call 226-778-0747  ·  169 Christina Street N, Sarnia ON ### [Sarnia-Lambton Real Estate Market Update — June 2026 | Blue Coast Realty](https://www.sarniaproperty.com/blog_read/sarnia-lambton-real-estate-market-update-june-2026-blue-coast-realty) ​_ .bcr-wrap { width: 100%; max-width: 100%; font-family: 'Source Sans 3', Georgia, sans-serif; font-size: 17px; line-height: 1.8; color: #2a2a3a; } .bcr-wrap * { box-sizing: border-box; } .bcr-intro { font-size: 17px; font-weight: 300; color: #3d3d5c; margin-bottom: 1.4em; } .bcr-intro strong { font-weight: 700; color: #1a1a2e; } .bcr-h2 { font-family: Georgia, 'Times New Roman', serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin: 44px 0 14px; padding-bottom: 10px; border-bottom: 3px solid #d4a017; } /* SNAPSHOT TABLE */ .bcr-snapshot { width: 100%; border-radius: 8px; overflow: hidden; border: 1px solid #e2ddd4; margin: 24px 0 32px; } .bcr-snapshot-head { background: #0c1c36; 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font-weight: 600; letter-spacing: 0.3px; } .bcr-divider { border: none; border-top: 1px solid #e2ddd4; margin: 44px 0; } /* CTA */ .bcr-cta { background: #f7f6f2; border: 1px solid #e2ddd4; border-radius: 8px; padding: 36px 32px; text-align: center; margin: 44px 0 20px; } .bcr-cta h3 { font-family: Georgia, serif; font-size: 22px; font-weight: 700; color: #0c1c36; margin-bottom: 10px; } .bcr-cta p { color: #3d3d5c; font-size: 15px; max-width: 560px; margin: 0 auto 22px; font-weight: 300; } .bcr-btn { display: inline-block; background: #0c1c36; color: white !important; font-size: 14px; font-weight: 700; letter-spacing: 0.8px; padding: 13px 26px; border-radius: 4px; text-decoration: none !important; margin: 0 6px 10px; } .bcr-btn.gold { background: #d4a017; color: #0c1c36 !important; } .bcr-cta-sub { margin-top: 14px; font-size: 13px; color: #888; } .bcr-cta-sub a { color: #0c1c36; font-weight: 600; text-decoration: none; } p { margin-bottom: 1.4em; } June 2026 delivered the strongest month of the year for the Sarnia-Lambton housing market. Sales climbed to 170 units — up 4.9% from June 2025 — even with a record 649 active listings giving buyers more choice than they've had in over a decade. Sellers held their ground too, capturing 97.5% of asking price on average. Whether you're thinking about buying or selling in Sarnia-Lambton, this monthly update from the Blue Coast Team cuts through the headlines to show you what's actually happening in the local market. ▶ Click to watch the full June 2026 Sarnia-Lambton market update on YouTube June 2026 Market Snapshot Sarnia-Lambton MLS® Residential Statistics · June 2026 Total Homes Sold 170 units +4.9% YR/YR Year-to-Date Sales 739 units −9.0% from 2025 Average Sale Price $548,756 −4.3% YR/YR Median Sale Price $490,000 −3.0% YR/YR Single Family Average Price $583,202 −0.4% YR/YR MLS® HPI Composite Benchmark $491,000 +1.2% over 6 months Total Dollar Volume $93.3 million +0.4% YR/YR New Listings 350 +0.6% YR/YR · 10-year June high Active Listings (end of month) 649 +0.3% YR/YR · all-time June high Months of Inventory 3.8 months down from 4.0 last June Median Days on Market 25.0 days +4 days vs June 2025 Sale-to-List Price Ratio 97.5% up from 97.3% Source: Sarnia-Lambton Association of REALTORS® / CREA MLS® Statistics, June 2026. MLS® Home Price Index — June 2026 The MLS® Home Price Index (HPI) controls for the mix of homes that sold each month, making it the most reliable measure of underlying value changes. Here's where Sarnia-Lambton's benchmark home prices stand at the end of June: Sarnia-Lambton MLS® HPI Benchmark Price · June 2026 Benchmark Type June 2026 1 Month 3 Months 6 Months 12 Months Composite $491,000 −1.2% +0.7% +1.2% −3.9% Single Family $491,000 −1.2% +0.7% +1.2% −3.9% One Storey (Bungalow) $534,500 −1.7% +0.5% +1.5% −2.8% Two Storey $437,500 −0.6% +0.8% +0.8% −5.2% Source: CREA MLS® Home Price Index, June 2026. Percentage changes vs. benchmark price at noted time periods. Reading the HPI The benchmark dipped 1.2% from May, but the medium-term trend is what matters: the HPI is up 1.2% over the past 6 months and up 0.7% over 3 months. The 12-month decline of 3.9% reflects where prices were a year ago, not where they're heading. The floor that economists have been forecasting for mid-2026 appears to be forming right now — and bungalows at $534,500 remain the strongest segment. What Actually Happened in June The headline number this month is the 4.9% year-over-year sales increase — the first meaningful positive sales print of 2026 and the strongest June since 2023. After a soft January and February dragged the year-to-date total down 9%, the monthly momentum has clearly shifted. The year-to-date figure tells you where the market has been; the monthly figure tells you where it is now. Right now, it's moving. What makes the June sales gain more impressive is the backdrop it happened against: 649 active listings, the highest June inventory on record. Conventional wisdom says record inventory should crush pricing power — but the sale-to-list ratio actually ticked up to 97.5% from 97.3% a year ago. Sellers who priced accurately got their number. Buyers had choice but didn't get discounts on well-priced homes. And here's the stat most people will miss: despite record inventory, months of inventory actually tightened — from 4.0 last June to 3.8 this June. That's because sales absorbed supply faster than new listings arrived (new listings were essentially flat at 350 vs. 348 last year). The inventory surge of 2024-2025 has plateaued. Demand is quietly catching up. At 3.8 months, we're technically back in seller's market territory — just barely. The Rate Story As of July 6, 2026: best 5-year fixed at 4.04–4.09%, best 5-year variable at 3.25–3.45%. The gap between fixed and variable is now 60–75 basis points. The Bank of Canada held at 2.25% on June 10 for a fifth consecutive time — and with inflation running near 3% on Middle East energy prices, the next move is more likely a hike than a cut. Rate-sensitive buyers waiting for relief may be waiting for something that isn't coming. What This Means for Buyers Buyers right now have the best selection Sarnia-Lambton has offered in over a decade — 649 active listings at the end of June is an all-time June record. The HPI benchmark is 3.9% below where it was a year ago, meaning you're buying at measurably better prices than buyers paid twelve months ago. And with a 25-day median time on market, you have room to evaluate carefully rather than bid in a panic. But don't mistake choice for leverage on everything. The 97.5% sale-to-list ratio tells you sellers of well-priced homes are holding firm — and getting their price. The $400K–$599K range absorbed 38% of all June sales; that's where the competition concentrates. Bungalow hunters should note the HPI benchmark for one-storey homes sits at $534,500 — anything solid priced below that deserves a serious look. For Buyers July 15 is your next signal date: the Bank of Canada decision AND CREA's updated national forecast drop the same day. If both come in stable, expect more sidelined buyers to re-enter through late summer. Get pre-approved now — the record selection won't survive a confidence rebound, and months of inventory is already tightening. What This Means for Sellers June proved the market works for sellers who work the market. 170 buyers transacted last month — more than any month this year — and they paid 97.5 cents on every asking dollar. The demand is real. But so is the competition: with 649 active listings, buyers immediately screen out anything priced above comparable sales. Your pricing anchor should be the HPI, not your neighbour's 2022 sale: $491,000 composite, $534,500 for bungalows, $437,500 for two-storeys. Homes priced to current comps are moving in under a month; homes priced to hope are the ones accumulating in that 649-listing pile. The average sale price is down 4.3% year-over-year — build that into your net proceeds math before you list, not after your first price reduction. Two bright spots worth knowing: bungalow owners hold the most in-demand product in this market — 70 sold in June at an average of $601,516. And Point Edward / Lakeshore sellers just watched their area average $892,863 in June, well above its 12-month average of $738,364. If you've been on the fence in either category, the timing conversation is worth having. For Sellers The next 60 days matter. The July 15 BoC decision and CREA forecast could shift buyer psychology quickly — and if months of inventory keeps compressing toward 3.0 into fall, pricing power shifts back toward sellers. Price to the HPI, present professionally, and be ready to move — that's the formula. National News & Policy Updates Bank of Canada · Next Decision July 15, 2026 Fifth Straight Hold at 2.25% — and a Big Double-Header Ahead The Bank of Canada held its overnight rate at 2.25% on June 10 — the fifth consecutive hold since October 2025. Prime rate stays at 4.45%. The next decision lands July 15, 2026 — the same day CREA releases its updated quarterly national forecast. Governor Tiff Macklem called the current situation a genuine dilemma: a soft economy (GDP near-flat in Q1, unemployment between 6.5% and 6.9%) colliding with inflation near 3% driven by Middle East energy prices. Markets are pricing roughly a 95% probability of another hold on July 15 — but the risk case has flipped from "when do rates get cut" to "could rates rise in late 2026." 2.25% BoC overnight rate 95% Market odds of July 15 hold Jul 15 BoC + CREA same-day release Mortgage Rates — Where They Stand As of July 6, 2026: Best 5-year fixed: 4.04–4.09% Best 5-year variable: 3.25–3.45% Best 3-year fixed: 3.89% Prime rate: 4.45% The 5-year Government of Canada bond yield is holding near 3.0%, keeping fixed mortgage pricing stable but elevated versus early in the year. The forecast picture remains split: TD, RBC, CIBC and BMO expect the BoC to hold at 2.25% through 2026, while Scotiabank and National Bank see a risk of one or two quarter-point hikes before year-end if energy-driven inflation persists. That divergence is the story — there's genuine uncertainty about which way rates break next, which is exactly why the fixed-versus-variable conversation deserves a professional's input. CREA National Snapshot CREA's April forecast projects roughly 475,000 national sales in 2026 (+1% vs. 2025, downgraded from +5.1% in January) and a national average price of $688,955 (+1.5%), with essentially flat price growth expected in Ontario. The downgrade traces directly to the mid-March oil shock pushing bond yields and fixed mortgage rates higher. CREA's next quarterly update releases July 15, 2026. HST Rebate Reminder — 9 Months Left The Ontario government's HST rebate on new home purchases up to $1 million — saving qualifying buyers up to $130,000 — remains in effect for purchase agreements signed between April 1, 2026 and March 31, 2027. We're now three months into that one-year window, with nine months remaining. Anyone considering a new construction home in Sarnia-Lambton should be evaluating this opportunity now — combined with the $1.5M insured mortgage cap and 30-year amortizations for new builds, the math on new construction has rarely been better for qualified buyers. Local Market Insights Sarnia North (DISTSN) remained the volume engine of the market with 88 sales at an average of $518,582 — well over half of all Sarnia-Lambton transactions in June. The Point Edward and Lakeshore corridor (DISTPL) had a standout month, with 16 sales at an average of $892,863 — dramatically above its 12-month average of $738,364, reflecting a cluster of premium waterfront-area transactions. Sarnia South / Lambton (DISTSL) recorded 17 sales at an average of $561,154. The outer areas recovered from May's stall: Sarnia East posted 14 sales at $469,064, and the Lambton Areas rebounded to 12 sales at $529,302. Bright's Grove, which had zero sales in May, recorded 2 sales in June — and notably, buyers there competed hard, with the area posting a 67% sale-to-list ratio, the highest in the region. On the home type front, bungalows led again with 70 sales at an average of $601,516 — holding above the $600K mark for the second consecutive month. Two-storey homes followed at 32 sales averaging $624,770, the highest average of any style. The 1½-storey segment remains the affordability entry point at $329,113 across 15 sales. Bungalows continue to represent roughly 40–45% of monthly sales — they remain the defining product of this market. One notable feature of June: premium-end depth. The MLS recorded 21 sales in the $800K–$899K range and six sales over $2 million — unusual volume for this market at those price points. That high-end activity is largely why the average price ($548,756) sits nearly $59,000 above the median ($490,000). The mix in June skewed upscale; the median is the cleaner read on the typical transaction. What Could Happen Next? July 15 is the date to circle: the Bank of Canada decision and CREA's quarterly forecast update land the same day. Markets expect a hold, but the language around future hikes will move buyer psychology either way. If CREA revises its forecast upward on the strength of the spring recovery, that's a confidence signal for the fall market. The bigger structural driver is the mortgage renewal wave: roughly a third of Canadian mortgage holders renew in 2026 — the largest cohort since the pandemic-era low-rate mortgages were written. Many of those households will make buy/sell decisions around their renewal dates, which historically fuels fall transaction volume. For Sarnia-Lambton specifically, watch the inventory line. Active listings have held flat at roughly 649 for two consecutive months while sales climb. If that pattern continues, months of inventory compresses toward 3.0 by fall — and that would mark a decisive shift back toward seller's market conditions. The fundamentals underneath are already pointing that way: sales up, sale-to-list up, six-month HPI trend up. Final Thoughts June 2026 was the month the Sarnia-Lambton market found its footing. Sales posted their first meaningful year-over-year gain of 2026 against record inventory. Sellers held their pricing. The HPI's six-month trend turned positive. This is not a market in decline — it's a market finishing its recalibration. The year-to-date numbers will keep looking soft for another few months because of the weak winter — don't let that headline fool you. The monthly trend is the real signal, and it's pointing up. If the July 15 double-header delivers stability, expect the sidelined buyers to keep returning through summer and into fall. If you're thinking about your next move in real estate — buying, selling, or just trying to understand what these numbers mean for your situation — the most valuable thing you can do is talk with someone who's watching this market every day. Let's Talk About Your Real Estate Goals Whether you're thinking about buying or selling in Sarnia-Lambton, the Blue Coast team brings local expertise and honest advice to every conversation. No pressure — just clarity. Free Home Evaluation Search Listings Visit bluecoastteam.com  ·  Call 226-778-0747  ·  169 Christina Street N, Sarnia ON ### [What Will I Net Selling My Home in Sarnia–Lambton?](https://www.sarniaproperty.com/blog_read/what-will-i-net-selling-my-home-in-sarnialambton) How much will I actually net when I sell my house in Sarnia–Lambton? Your net proceeds are your sale price minus every cost that comes off the table before the cheque reaches you: brokerage commission (plus 13% HST), your lawyer's fees and disbursements, your mortgage payout, any prepayment penalty your lender charges, mortgage discharge fees, and property tax adjustments. Every one of those numbers is specific to your mortgage, your listing agreement, and your closing date — which is why no online calculator can give you an accurate answer, and why I build a private net-sheet with every seller before we even talk about listing price. The cost categories that come off your sale price Before you can plan your next move — whether that's buying something else in Lambton County, relocating, or banking the proceeds — you need to know exactly what's leaving the table. Here are the categories I walk every Sarnia–Lambton seller through, in the order they typically appear on a statement of adjustments. Brokerage commission and HST Commission is the largest single line item for most sellers. Under Ontario's Trust in Real Estate Services Act (TRESA), commission rates are not set by law — they're negotiated between you and your listing brokerage and must be clearly disclosed in your listing agreement. The Real Estate Council of Ontario (RECO) is explicit on this point: no fixed rate exists, and you should read every term in your listing agreement before you sign. Whatever commission structure you agree to, 13% HST applies on top of it as a professional service fee in Ontario. The same HST applies to your lawyer's professional fees. The Canada Revenue Agency confirms that HST does not apply to the sale of used residential housing itself — only to the service fees surrounding the transaction. That distinction matters: your sale price is HST-free, but the commission and legal invoices are not. Legal fees and disbursements In Ontario — including every municipality in Lambton County — both the buyer and seller retain their own lawyer for a residential sale. Your lawyer handles the title review, prepares the statement of adjustments, coordinates the mortgage discharge, and registers the transfer. The Law Society of Ontario notes that legal fees are set by each firm (not by a regulated tariff) and consist of a professional fee plus disbursements — things like title search costs, registration fees, couriers, and photocopies — all subject to HST. Ask your lawyer for a written estimate before closing. I always recommend Sarnia–Lambton sellers get that quote early, because disbursements can vary depending on whether there are outstanding liens, local improvement charges, or other title matters that need to be cleared. Mortgage payout, prepayment penalty, and discharge If you have a mortgage on the property, your outstanding principal gets paid out of sale proceeds at closing. That part is straightforward. What surprises sellers is the prepayment penalty — the cost your lender charges for breaking the mortgage before its maturity date. The Financial Consumer Agency of Canada (FCAC) explains that penalties are calculated using one of two common methods: three months' interest, or an interest rate differential (IRD) — and the IRD can be significantly larger, especially if you locked in at a higher rate. Your mortgage contract discloses which formula applies. Call your lender and ask for a written penalty estimate before you accept any offer — that number needs to be on your net-sheet before you negotiate. On top of the penalty, your lender charges a discharge fee to prepare and register the discharge of mortgage on title. There's also a provincial land registry fee for registering the discharge itself, set by the Province of Ontario. The FCAC's mortgage discharge guidance and ServiceOntario's land registration information both outline what's involved — your lawyer coordinates all of it. Property tax adjustments and local charges Your closing statement will include a property tax adjustment. If you've paid your Sarnia or Lambton County property taxes ahead of your closing date, you'll receive a credit from the buyer for the overpaid portion. If you're in arrears, you'll owe a debit. Either way, it affects your net — usually modestly, but it needs to be on the worksheet. Property taxes in Sarnia and across Lambton County are assessed by the Municipal Property Assessment Corporation (MPAC) and collected by your local municipality. You can find your current tax bill and installment schedule directly through the City of Sarnia's property tax page. If you're selling a rural Lambton property — in Plympton–Wyoming, Petrolia, Oil Springs, or one of the other municipalities across Lambton County — check your tax bill for any local improvement charges or special assessments, which also get adjusted on closing. One more note on land transfer tax: it's technically paid by the buyer, not the seller, under Ontario's provincial Land Transfer Tax rules. Sarnia–Lambton has no municipal land transfer tax — that surcharge applies only in the City of Toronto. But buyer LTT costs can influence offer structure and negotiating room, so it's worth understanding even from the seller's side. Negotiable vs. non-negotiable: know the difference One of the most useful things I do with sellers early in the process is separate the costs you can influence from the ones you can't. Here's the breakdown: Cost Category Negotiable? Set By Brokerage commission Yes — negotiated Listing agreement (RECO-regulated disclosure) HST on commission and legal fees No Province of Ontario — 13% statutory rate Lawyer's professional fee Yes — shop firms Each law firm independently Legal disbursements Partially — some are fixed registry fees Mix of firm and provincial fee schedule Mortgage prepayment penalty No — set by lender contract Mortgage agreement and federal consumer-protection rules Mortgage discharge fee No — set by lender Lender policy Land registry discharge fee No Province of Ontario fee schedule Property tax adjustment No — calculated to closing date MPAC assessment + municipal tax rate Staging, repairs, moving costs Yes — fully discretionary Seller's choice The costs you can influence — commission structure, choice of lawyer, and discretionary prep work — are worth a real conversation before you list. The costs you can't influence still need to be on the worksheet so nothing surprises you at closing. A note for rural Lambton sellers If you're selling a rural property with a private well, septic system, or larger acreage, your net-proceeds planning involves an extra layer. Buyers in those transactions routinely include conditions for well water testing and septic inspection. If issues come up during the conditional period, you may face negotiated repair credits or price adjustments. These aren't statutory costs — they're contractual — but in my experience working with rural Lambton sellers, they're the line items that catch people off guard most often. Build in some flexibility on your worksheet for that possibility. If you're relocating across the border Sarnia sits right at the Blue Water Bridge — and some sellers are moving to the U.S. side. If that's you, your net-proceeds picture gets more complicated: currency conversion timing, potential tax reporting requirements, and the interaction between your Ontario sale and U.S. tax obligations all need input from a cross-border accountant or tax lawyer, not just your real estate lawyer. Flag this early. The Canada Revenue Agency and a qualified cross-border advisor are your starting points. The step-by-step process I use with every Sarnia–Lambton seller Here's the framework I walk clients through before we talk listing price — because your net-sheet should come first, not after you've already accepted an offer. Pull your mortgage statement. Get the current outstanding principal balance and your mortgage maturity date. Then call your lender and ask for a written prepayment penalty estimate. The FCAC encourages borrowers to request this in writing — do it before you accept any offer, not after. Review your listing agreement carefully. Before you sign with any brokerage, understand exactly what commission structure is proposed, what services are included, how HST is applied, and what happens if the property doesn't sell. RECO recommends you ask for clarification on any term you don't understand. Engage a local real estate lawyer early. Don't wait until you have an accepted offer. Get a written fee estimate — professional fee plus expected disbursements — so that line is on your net-sheet from day one. The Law Society of Ontario encourages consumers to ask for that breakdown upfront. Get your current property tax bill. Know your annual tax amount and where you are in the installment cycle. Check for any local improvement charges or special assessments. Your City of Sarnia tax account or your Lambton municipality's tax office can provide this. Build your private net-sheet by price scenario. With those real numbers in hand — mortgage payout, penalty, legal estimate, commission structure — I build scenarios around realistic price bands for your specific property. That's the conversation that tells you whether your expected proceeds actually support your next move. Factor in discretionary costs honestly. Staging, minor repairs, cleaning, moving — these are real costs that reduce your net. Build them in conservatively. A seller who budgets for them is never surprised; a seller who ignores them often is. Every situation is different, and the only way to know your real number is to run through this process with someone who knows this market. That's exactly what I do — and it's a conversation worth having before you commit to a listing date. Frequently asked questions When I sell my house in Sarnia–Lambton, which closing costs do I pay and which does the buyer pay? As the seller, you're responsible for your brokerage commission (plus HST), your own legal fees and disbursements, your mortgage payout and any prepayment penalty, and your share of the property tax adjustment to the closing date. The buyer pays Ontario's provincial Land Transfer Tax — there is no municipal LTT in Sarnia–Lambton, only in the City of Toronto — plus their own legal fees and any mortgage costs. Some costs, like repairs discovered during a home inspection, can be negotiated between the parties in the Agreement of Purchase and Sale. Are real estate commission rates in Ontario fixed by law, or can I negotiate them with my Sarnia agent? Commission rates are fully negotiable in Ontario — they are not set by law. The Real Estate Council of Ontario (RECO) confirms that brokerages determine their own fee structures, which must be clearly disclosed in your listing agreement. Whatever rate you agree to, 13% HST applies on top of the commission as a professional service fee. Read your listing agreement carefully and ask questions before you sign. Will I have to pay a penalty to break my mortgage early when I sell, and how do I find out the exact amount? Possibly — it depends on whether your mortgage matures before or after your closing date, and on your lender's prepayment terms. If you're breaking a fixed-rate mortgage mid-term, your lender typically charges either three months' interest or an interest rate differential (IRD), whichever is greater; the IRD can be substantial. The Financial Consumer Agency of Canada recommends asking your lender for a written penalty estimate before you make any prepayment decision — do this before you accept an offer so the number is on your net-sheet. Do I need my own lawyer to sell a house in Sarnia–Lambton, and what does the lawyer actually do? Yes — standard practice in Ontario is for both buyer and seller to have independent legal representation. Your lawyer reviews the Agreement of Purchase and Sale, prepares the statement of adjustments, coordinates the discharge of your mortgage, handles the transfer registration, and ensures you receive your net proceeds on closing day. The Law Society of Ontario recommends getting a written fee estimate — professional fee plus disbursements — before you engage a firm. How are property taxes adjusted between buyer and seller on closing in Sarnia? Your lawyer calculates a property tax adjustment on the statement of adjustments based on your closing date. If you've paid property taxes covering a period beyond your closing date, the buyer credits you for that overpayment. If you're behind on taxes, you owe the buyer a debit. The adjustment is based on the annual tax amount set by your municipality using MPAC's assessed value and the local tax rate. Check your current tax bill — available through the City of Sarnia or your Lambton municipality — so you know where you stand before closing. Your net proceeds start with the right conversation Knowing what you'll walk away with isn't something you can reverse-engineer from a listing price alone. It takes your actual mortgage statement, your lender's penalty calculation, a real legal fee estimate, and an honest look at your discretionary costs — all mapped against a realistic sale price for your specific property in today's Sarnia–Lambton market. That's the conversation I have with every seller before we talk about going live. If you're thinking about selling and want to build a real net-sheet together, reach out to book a consultation — no obligation, just clarity on your numbers before you commit to anything. About Sean Ryan Born and raised in Sarnia–Lambton, Sean Ryan is a licensed Real Estate Broker with the Blue Coast Team at CB Southwest and has been helping buyers and sellers across Lambton County for over 20 years. Sean holds a Broker's licence — one of the highest designations available in Ontario real estate — and brings hands-on experience in residential sales, income-producing investment properties, rehab projects, and new home construction. A Sarnia local with deep community roots and a family of his own, Sean understands the full spectrum of client needs, from first-time buyers navigating the mortgage stress test to long-time owners planning their next chapter. CB Southwest · 226-778-0747 Equal Housing Opportunity. This article is provided for general informational purposes only and does not constitute legal, tax, or financial advice. Every transaction is different — confirm your specific costs, tax obligations, and net proceeds with your real estate lawyer, tax advisor, and lender before making any decisions. ### [Why Did Sarnia Home Prices Go UP While Sales Dropped 7%? | July 2026 Market Update](https://www.sarniaproperty.com/blog_read/why-did-sarnia-home-prices-go-up-while-sales-dropped-7-july-2026-market-update) .bcr-wrap{width:100%;font-family:-apple-system,BlinkMacSystemFont,"Segoe UI",Roboto,Helvetica,Arial,sans-serif;color:#1a2332;line-height:1.7;font-size:17px;} .bcr-wrap *{box-sizing:border-box;} .bcr-wrap p{margin:0 0 18px 0;} .bcr-wrap h2{font-size:28px;line-height:1.25;color:#0c1c36;margin:38px 0 16px 0;font-weight:800;letter-spacing:-0.3px;} .bcr-wrap h3{font-size:21px;line-height:1.3;color:#0c1c36;margin:28px 0 12px 0;font-weight:700;} .bcr-wrap a{color:#0c1c36;} /* HERO */ .bcr-hero{width:100%;background:#0c1c36;padding:38px 30px;border-top:6px solid #d4a017;margin:0 0 28px 0;} 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.bcr-contact-title{display:block;font-size:14px;color:#5a6577;margin:0 0 14px 0;} .bcr-contact-line{display:block;font-size:16px;color:#0c1c36;margin:0 0 6px 0;} .bcr-contact-line a{color:#0c1c36;text-decoration:none;font-weight:700;} /* FOOTER */ .bcr-disc{width:100%;padding:18px 0 0 0;border-top:1px solid #e6e9ef;} .bcr-disc p{font-size:13px;line-height:1.6;color:#6b7688;margin:0;} Sarnia-Lambton Market Report • July 2026 Sales Fell. Inventory Hit a 10-Year High. And Prices Went Up. The July numbers for Sarnia-Lambton don't line up the way you'd expect — and the reason why is the most important thing happening in this market right now. Three things happened in Sarnia-Lambton last month that shouldn't fit together. Sales dropped 6.8%. Months of inventory climbed to 5.0 — the highest July reading in eleven years. Homes sold for 96.7% of asking, the weakest July on record. And the MLS® Home Price Index benchmark went up 1.4%. That's not a contradiction. That's a market changing direction underneath the headline numbers — and if you're planning to buy or sell in the next six months, it's the part you need to understand. ▶ Watch: July 2026 Sarnia-Lambton Market Update Full Breakdown • 13 Minutes July 2026 At a Glance Metric July 2026 July 2025 Change MLS® HPI Benchmark Price $497,900 — ▼ 4.4% Benchmark vs. Prior Month $497,900 — ▲ 1.4% Average Sale Price $539,120 $556,942 ▼ 3.2% Median Sale Price $459,950 $467,430 ▼ 1.6% Sales Activity 136 146 ▼ 6.8% New Listings 333 333 ▬ 0.0% Active Listings 680 680 ▬ 0.0% Months of Inventory 5.0 4.7 ▲ 0.3 mo Sale-to-List Price Ratio 96.7% 97.4% ▼ 0.7 pts Median Days on Market 27 21 ▲ 6 days Sales — Year to Date 870 958 ▼ 9.2% Dollar Volume — Month $73.3M $81.3M ▼ 9.8% Why the Benchmark Price Matters More Than the Average Average price tells you what sold. Median tells you what sat in the middle. Neither one tells you what your house is worth — because both move every time the mix of homes changes. Two million-dollar sales in a 136-sale month will drag the average up by thousands, even if nothing about your home's value changed. The MLS® Home Price Index solves that. It tracks the same theoretical home month after month: three bedrooms, two bathrooms, 1,385 square feet above grade, built in 1972, attached single-width garage, forced-air natural gas, full basement. That's the benchmark home in Sarnia-Lambton, and in July 2026 it was worth $497,900. Average price answers "what sold?" The benchmark answers "what's my house worth?" Those are different questions. What's Actually Happening in This Market Here's the number almost nobody caught: new listings in July came in at 333. Last July, they came in at 333. Active listings finished at 680. Last July, they finished at 680. Zero change. Twice. For the first time since 2021, the supply side of this market stopped growing. That matters because the story of the last four years in Sarnia-Lambton has been relentless inventory accumulation. In July 2021, there were 150 homes on the market. By 2023 it was 419. By 2025 it was 680. Every year, more. This is the first July that line went flat. Demand hasn't caught up yet — sales fell 6.8% to 136, which is why months of inventory still pushed up to 5.0. But the mechanism that has been grinding prices down for two years is a growing pile of unsold homes, and that pile just stopped growing. The benchmark rising 1.4% month-over-month is the first evidence that the market is registering it. The other thing worth separating clearly: the month and the year are telling different stories. July alone was down 6.8%. But year-to-date, sales sit at 870 — down 9.2%, and the weakest January-through-July on record in the eleven-year series. The spring was the problem. July was actually a relative improvement on it. $497,900 HPI Benchmark ▲ 1.4% MoM 5.0 Months of Inventory Highest July in 11 yrs 96.7% Sale-to-List Ratio ▼ from 97.4% 27 Median Days on Market ▲ from 21 days What Buyers Need to Know You have more leverage in Sarnia-Lambton right now than at any point in the last decade. That's not a sales line — it's what 680 active listings, a 96.7% sale-to-list ratio, and 27 days on market actually mean in practice. On a median-priced home, that sale-to-list ratio works out to roughly $15,000 off the asking price. Offers below list are landing. Financing and inspection conditions are normal again, not deal-breakers. You have time to see a house twice before deciding. But leverage isn't the same as unlimited time, and here's where the strategy has to get sharper: Get fully underwritten, not just pre-qualified. In a five-month market, the buyer who can close cleanly wins the negotiation — not the one who bids highest. Sellers here are choosing certainty over price. Know where your competition actually is. The $400,000–$600,000 band saw 50 sales last month. Above $700,000, roughly 21 sales happened in the entire county. Your negotiating position is completely different depending on which side of that line you're shopping. Model fixed and variable side by side. Variable is currently cheaper than fixed — an unusual setup that won't last forever. Understand what just changed. If you've been waiting for prices to fall further, note that supply stopped growing and the benchmark ticked up. The conditions that produced the last two years of softening are shifting. Ask for a closing-cost worksheet before you write an offer. Land transfer tax rebate, Home Buyers' Amount, FHSA — most first-time buyers in this county leave several thousand dollars on the table because nobody itemized it for them. Variable Is Currently Cheaper Than Fixed — Here's the Math As of early August 2026, the best insured five-year fixed rates are running 3.94%–4.04%, while the best insured five-year variable rates sit at 3.35%–3.50%. Variable being cheaper than fixed is not the normal arrangement, and it's worth understanding what it costs you either way. On the benchmark home at $497,900 with 20% down over a 25-year amortization, that spread works out to roughly $2,105 per month on a fixed rate versus about $1,980 on a variable — a difference of around $125 a month. The catch: you're buying that discount with rate risk. The Bank of Canada has now held six times in a row and recently dropped its explicit language about future cuts, signalling it now sees the risks as balanced rather than tilted downward. If you take the variable, take it because you can absorb a move up — not because you're betting on one down. What Sellers Need to Know Your competition is 680 homes — the same number as last July, but chasing ten fewer buyers. That's the whole equation, and it means pricing precision matters more this year than it did last year. The good news is real: the benchmark rose 1.4% month-over-month, supply has stopped expanding, and the middle of the market held up better than the headline average suggests. Single-family median price actually rose 3.2% year-over-year to $490,000, even as the single-family average fell. That's a mix shift — fewer high-end sales pulling the average down — not a collapse in what ordinary homes are worth. The honest part: year-over-year, the benchmark is still down 4.4%, days on market went from 21 to 27, and buyers are successfully negotiating about 3.3% off asking. Here's how to work with that: Price to the benchmark, not to 2022. Your neighbour's peak-market sale is not a comparable. The benchmark is $497,900 and it's down 4.4% from a year ago — that's the reality your buyers are working from. If you own a bungalow, you're in the strongest position in this market. Bungalows accounted for 49 sales in July, more than the next three styles combined. The One Storey benchmark is holding value better than Two Storey. Lead your marketing with single-level living. Above $700,000, pre-emptive pricing is the entire game. There were only about 21 sales above that threshold across the county last month. List high and reduce later and you'll chase the market down, spend more days on market, and net less than if you'd priced correctly at launch. Your first 14 days are your leverage. Median days on market is 27, which means half of all listings sit longer. Once a listing goes stale, buyers treat it as distressed inventory regardless of how good the house is. Get a real evaluation before you list. Not an automated portal estimate — an actual comparative analysis against the last 90 days of sales in your specific district. “Sales are down 6.8%. The benchmark is up 1.4%. Those two numbers are telling you the same thing from opposite directions — fewer people are transacting, but the ones who are aren't panicking. That's a market finding a floor, not falling through one.” The National Picture The Bank of Canada held its policy rate at 2.25% on July 15, 2026 — the sixth consecutive hold, and unchanged since October 2025. The Bank pointed to signs of improvement in the Canadian economy, with growth picking up and inflation expected to ease back toward its 2% target. Headline inflation ran hot on an oil price shock, but core measures stayed near 2%, and the Bank expects roughly 2.5% through the second half of 2026 before returning to target in early 2027. The next scheduled rate decision is September 2, 2026, with the next full Monetary Policy Report on October 28. Rate Current Notes Bank of Canada policy rate 2.25% Sixth consecutive hold Prime rate 4.45% Unchanged since October 2025 Best 5-year fixed (insured) 3.94%–4.04% Tied to bond yields Best 5-year variable (insured) 3.35%–3.50% Currently below fixed Stress test qualifying rate 5.25% floor Or contract rate + 2%, whichever is higher On the forecast side, CREA revised its national outlook on July 15. It now expects 463,336 home sales nationally in 2026 — down 1.4% from 2025 — with the national average price landing at $686,710, up 1.1%. Looking to 2027, CREA projects sales rising 3.7% to 480,567 and the average price ticking up another 1.1% to $694,164. One line in that forecast is worth flagging for anyone selling in this province: Ontario is the only province CREA expects to post a sales increase in 2026. First-Time Buyer Rebates — What Actually Applies in Sarnia-Lambton The federal First-Time Home Buyers' GST Rebate became law in March 2026, offering up to $50,000 back on a qualifying new build priced up to $1 million, phasing out to $1.5 million. Ontario's matching Enhanced New Housing Rebate forms went live in mid-July 2026, which pushes the combined federal-provincial ceiling to roughly $130,000 on an eligible new home. The caveat that matters here: these rebates apply to new or substantially renovated homes only. Not resale. The benchmark home in Sarnia-Lambton was built in 1972, and the overwhelming majority of transactions in this county are resale — so for most local first-time buyers, these headline numbers won't apply. What does apply here: the Ontario Land Transfer Tax rebate of up to $4,000 (which eliminates land transfer tax entirely on homes up to $368,000), the federal Home Buyers' Amount tax credit of $1,500, the First Home Savings Account, and the RRSP Home Buyers' Plan. One local detail worth knowing: at $497,900, the benchmark home sits just $2,100 under the $500,000 threshold where minimum down payment rules change. Below that line, the minimum is 5% — roughly $24,900 on the benchmark home. Local Insight: What's Actually Selling Sarnia-Lambton is a bungalow market, and July made that clearer than usual. Bungalows accounted for 49 sales — more than the next three styles combined. Rank Home Style Sales Average Price 1 Bungalow 49 $599,502 2 1½ Storey 18 $317,772 3 2 Storey 17 $744,736 4 Raised Ranch 13 $550,577 5 1¾ Storey 7 $347,486 5 Side Split 4-Level 7 $534,700 The benchmark data backs it up. The One Storey benchmark sits at $542,800 against $442,400 for Two Storey — a $100,400 premium for single-level living. And One Storey is holding its value better, down 3.4% year-over-year compared to 5.6% for Two Storey. With an aging population, steady retiree demand, and a healthy downsizer pipeline, that's not a passing trend. It's the structural shape of demand in this county. Where Buyers Are Actually Shopping The busiest price band in July was $400,000–$499,999, with 28 sales. Widen the lens and the $300,000–$600,000 range accounted for roughly 71 sales — about half the entire month. Another 25 sales happened under $300,000, which is the entry-level segment still actively transacting. Above $700,000? Roughly 21 sales in the whole county. That's the gap that explains why pricing strategy at the upper end is a completely different discipline than pricing a mid-market home. Neighbourhood Breakdown District New Listings Sales Conversion Avg Sale Price 12-Month Avg Sarnia North (DISTSN) 184 69 38% $506,524 $486,356 Sarnia South (DISTSL) 37 15 41% $648,418 $551,993 Point Edward / Lakeshore (DISTPL) 25 9 36% $589,000 $726,013 Lakeshore (DISTLA) 19 14 74% $555,500 $550,369 Enniskillen (DISTEN) 15 10 67% $511,700 $472,182 Bright's Grove (DISTBR) 3 3 100% $456,667 $436,244 Sarnia North remains the engine of this market — 69 of 120 district sales and 184 of 287 new listings. As Sarnia North goes, so goes the region. It's also the most competitive place to be a seller: you're one of 184 listings competing for 69 buyers. Point Edward and the Lakeshore still carry the highest values, with a twelve-month average of $726,013 — nearly $240,000 above Sarnia North. But only 9 of 25 listings sold in July, which tells you what you need to know about how the premium end moves in a five-month market. The strongest absorption is happening outside the city core. Lakeshore converted 74% of its new listings into sales, Enniskillen 67%, and Bright's Grove went three-for-three. Small samples, but a consistent pattern: well-priced properties in the surrounding communities are moving. What's Coming Next A few dates and signals worth watching over the next eight weeks: September 2 — Bank of Canada decision. Consensus expects a seventh consecutive hold at 2.25%. Watch the accompanying language more than the number itself. August 14 — CREA national July statistics. This will confirm whether the national recovery that began in May carried through the summer. October 16 — CREA's next quarterly forecast. The call that Ontario will be the only province to grow this year gets tested. The fall market. September and October are historically Sarnia-Lambton's second-strongest window. With supply plateaued, a normal seasonal bump in demand could pull months of inventory back below 4.5 fairly quickly. The single number to watch: active listings in August. If they come in flat again around 680, the plateau is real. If they climb, the softening resumes. Final Thoughts Five months of inventory is, by the textbook definition, a balanced market. Not a crash. Not a boom. Balanced. Under four months favours sellers. Four to six is balanced. Over six favours buyers. Sarnia-Lambton hasn't had a genuinely balanced market since roughly 2016 — which means most people buying and selling here today have never actually experienced one. It's slower. It's more negotiated. Conditions come back. Properties take four weeks instead of four days. That's not dysfunction. That's normal, and normal is what we've been missing. The benchmark home in Sarnia-Lambton is worth 0.3% less than it was five years ago — essentially flat since 2021. Measured against 2016, the average price is still up more than 137%. Which of those two numbers feels true to you depends entirely on when you bought, and that's the most honest thing anyone can tell you about this market right now. If you're trying to figure out what your specific home is worth in a five-month market — not what an algorithm guesses, but what the last 90 days of comparable sales in your district actually say — that's a conversation worth having. Let's Talk About Your Next Move Whether you're pricing a home to sell or trying to figure out what to offer, the numbers only matter once they're applied to your specific situation. Get a Free Home Evaluation Search All Active Listings Sean Ryan Broker/Owner, Blue Coast Realty Ltd. • Tom Ferry Certified Coach 📞 226-778-0747 ✉ sean@bluecoastteam.com 📍 169 Christina Street N, Sarnia, ON 🌐 bluecoastteam.com | sarniaproperty.com All statistics are sourced from the Canadian Real Estate Association (CREA) and the Sarnia-Lambton Association of REALTORS® for July 2026. Where figures differ between reports, CREA data is used as authoritative. Home style, price band, and neighbourhood district breakdowns are drawn from Sarnia-Lambton Association of REALTORS® MLS® reports. Mortgage rates and Bank of Canada figures were verified August 5, 2026 and are subject to change without notice. This article is provided for general information only and does not constitute financial, legal, mortgage, or tax advice. Real estate markets vary significantly by property type, neighbourhood, and individual circumstance — consult a licensed professional regarding your specific situation. MLS®, REALTOR®, and the associated logos are trademarks owned by The Canadian Real Estate Association. Blue Coast Realty Ltd., Brokerage. Not intended to solicit properties currently listed for sale or buyers under contract. ### [What to Fix Before You Sell in Sarnia–Lambton](https://www.sarniaproperty.com/blog_read/what-to-fix-before-you-sell-in-sarnialambton) In Sarnia–Lambton's 2026 market, sellers should prioritize safety and mechanical repairs plus targeted cosmetic updates like fresh paint and flooring. Full kitchen or bathroom gut renovations rarely pay off given softening prices and 4+ months of inventory. Price band and current condition determine the right strategy. Should you renovate before selling your home in Sarnia–Lambton? In Sarnia–Lambton's 2026 market, most sellers are better served by targeted repairs and neutral cosmetic updates than by full renovations. With the MLS® HPI benchmark price at $497,900 in July 2026 and inventory sitting above four months, buyers have real choices, and a well-maintained, clean home at the right price will almost always outperform an over-renovated one that's priced to recover costs. This is the question I hear from almost every seller I sit down with: "Should I redo the kitchen before I list?" The honest answer is: it depends on your price band, your home's current condition, and what buyers in that segment actually expect. Let me walk you through what the local data says, and what I've seen work in practice. What the 2026 Sarnia–Lambton Market Tells Sellers About Condition The market context matters here, so let's start with the numbers. According to CREA's Sarnia–Lambton board statistics, 136 homes sold in July 2026, down 6.8% from July 2025. Year-to-date through July, sales totalled 870 units, a 9.2% drop from the same period in 2025. The average sale price in July 2026 was $539,120, down 3.2% year-over-year, and the MLS® HPI single-family benchmark sat at $497,900, off 4.4% from a year earlier. That's a softer market than 2025, which was itself described by Blackburn News as a "flat" year, the 2025 year-to-date average price was $525,416, essentially identical to $526,550 in 2024. What does this mean for renovation decisions? When prices are rising fast, a seller can sometimes recoup a renovation cost through appreciation alone. In a flat-to-softening market, that buffer disappears. Every dollar you spend on pre-sale improvements needs to earn its place by either shortening your time on market or protecting your asking price, not by chasing a peak that has already passed. Inventory and days on market: why condition matters more now According to CREA's Sarnia–Lambton market conditions data, months of inventory for single-detached homes stood at 4.0 at the end of Q1 2026. The median days on market for sold single-detached homes in Q1 2026 was 29 days, up from 26 days in Q1 2025. Four months of inventory means buyers can compare multiple similar homes before making a decision. That comparison almost always comes down to two things: price and condition. A home with obvious deferred maintenance or heavily dated finishes doesn't lose buyers in a single conversation, it loses them the moment they pull up the next listing. The February 2026 data makes this even clearer. Sarnia News Today reported that only 72 homes sold that month, a 24.2% decline from February 2025 and 34.7% below the 10-year February average. The average sale price that month was $421,186, down 21.7% year-over-year. That kind of buyer-side caution is exactly the environment where condition separates homes that sell from homes that sit. With a sale-to-list ratio running around 97.5%, sellers are not getting far above asking price in this market. The key levers are your initial list price and the condition you present, not hoping a bidding war will paper over problems. The Fix-or-Skip Framework: By Condition Category and Price Band I break pre-sale work into three buckets: must-do repairs, targeted cosmetic updates, and full renovations. Where you land in each bucket depends partly on your price band, because buyer expectations shift meaningfully across segments. Must-do repairs (regardless of price band) These are non-negotiable in any market, and especially in 2026's buyer-friendly conditions. Safety and mechanical issues don't just deter buyers psychologically, they can derail financing. A buyer's lender may flag a leaking roof, knob-and-tube wiring, or a non-functional furnace during the appraisal process, and conditions in the offer give buyers a clear exit if inspections turn up problems like these. Fix before you list: Electrical safety issues and plumbing leaks Non-functional or end-of-life HVAC systems Active roof leaks or visible water damage Any mold or structural concerns Broken windows, doors, or exterior components Incomplete small projects, missing trim, unpatched walls, half-finished basement work That last one is underrated. A home that looks like someone started projects and stopped signals risk to buyers, even when the underlying structure is fine. Finish what's started before you list. Targeted cosmetic updates: where the speed-of-sale gains live This is where most sellers get the best return on their effort. CMHC and national industry guidance consistently point to neutral, broadly appealing cosmetic updates as the most reliable way to improve buyer interest in balanced or buyer-leaning markets, not because they add measurable dollar value on a spreadsheet, but because they reduce friction. Buyers make faster decisions on homes that feel move-in ready. High-impact, targeted cosmetic work to consider: Fresh, neutral interior paint, especially over bold colours or heavily worn walls Replacing very worn or mismatched flooring in main living areas Updated lighting fixtures and cabinet hardware Minor kitchen refreshes: painted cabinets, a modern backsplash, or mid-range countertop resurfacing where the existing kitchen is functional but dated Curb appeal basics: fresh mulch, trimmed landscaping, a clean front entry These are the updates that move a home from "I'd have to fix this" to "I could move right in." In a market where buyers are comparing four or five similar homes, that mental shift matters. Price band expectations: entry-level vs. mid-market vs. upper end CREA's Sarnia–Lambton sales-by-price-range data confirms that the local MLS tracks activity across bands from under $300K through $600K and above. The core of the market sits in the $300K–$600K range, and buyer expectations differ meaningfully across those bands. Price Band Buyer Expectation on Condition Pre-Sale Priority Under $400K Structural and mechanical soundness; cosmetic datedness accepted if priced right Safety repairs, functional systems, clean presentation $400K–$600K Move-in ready; updated surfaces, modern fixtures, minimal visible repairs Targeted cosmetics (paint, flooring, hardware) plus all mechanical repairs Over $600K Good bones and good cosmetics; longer marketing times if cosmetics are skipped All repairs plus higher-impact cosmetic refreshes; staging strongly recommended Entry-level buyers in the under-$400K range are often stretching their budget to get into the market. They may be using a high-ratio insured mortgage and navigating the mortgage stress test, which means they have less cash left over for post-purchase renovations. A home that's structurally sound and priced competitively will attract this buyer even with dated finishes. What they can't absorb is a surprise roof or a furnace that needs immediate replacement. Mid-market buyers in the $400K–$600K range are the most condition-sensitive in Sarnia–Lambton right now. They have options, and with Q1 2026 single-detached sales down 8.1% year-over-year, there are more competing listings than there were a year ago. This is the segment where fresh paint and updated flooring genuinely shorten your days on market. At the upper end, buyers expect the full package. Skipping cosmetic work in this band tends to result in longer marketing times or larger price negotiations at the offer table, not a pass from buyers who "get what they're paying for." When to skip the full renovation Here's the honest answer on full kitchen and bathroom gut renovations: in most cases, I advise sellers to skip them. In Sarnia–Lambton's current market, with the average price down year-over-year and inventory above four months, you are unlikely to recover the full cost of a high-end kitchen renovation through your sale price. The CREA national data and Ontario-wide industry guidance both point to partial updates as a better balance than full gut jobs, particularly in a flat or softening price environment. The exception is a kitchen or bathroom that is so severely dated or damaged that it's actively deterring buyers, think original 1970s fixtures with water damage, or a layout that doesn't function. In that case, a mid-range update (not a luxury renovation) can remove the objection without over-investing. Your specific situation depends on your home's condition, your price band, and how comparable listings are presenting right now. That's exactly the kind of analysis I walk my clients through before we decide what to do, and before we set a list price. Frequently Asked Questions Is it worth doing a full kitchen renovation before selling in Sarnia–Lambton, or should I just do minor updates? For most sellers in 2026, minor updates are the better call. With average prices softening year-over-year and inventory above four months, a full gut renovation is unlikely to return its full cost at sale. Painted cabinets, new hardware, updated lighting, and a modern backsplash in an otherwise functional kitchen can accomplish the same buyer impression at a fraction of the cost. The exception is a kitchen that's severely damaged or so dated it's actively driving buyers away, in that case, a mid-range update (not a luxury renovation) may be worth considering. How much does home condition affect speed of sale in Sarnia–Lambton's 2026 market? It matters more now than it did in 2024 or early 2025. The median days on market for single-detached homes was 29 days in Q1 2026, up from 26 days a year earlier, according to CREA's Sarnia–Lambton market conditions data. With 4+ months of inventory, buyers are comparing multiple listings before deciding. Homes with obvious deferred maintenance or heavily dated finishes tend to sit longer and attract lower offers; clean, well-maintained homes that are priced correctly track much closer to the median days on market. Do homes in the $300K–$400K range need fewer updates to compete than homes around $500K–$600K? Generally, yes. Entry-level buyers in the under-$400K range are often more focused on structural and mechanical soundness than on cosmetic finishes, they may accept dated kitchens if the roof, furnace, and plumbing are in good shape and the price reflects the condition. Mid-market buyers in the $400K–$600K range tend to expect move-in-ready condition, including updated surfaces and modern fixtures. That's the segment where targeted cosmetic work has the clearest impact on time on market. What repairs are "must-do" before listing in Sarnia–Lambton's current inventory environment? Safety and functional issues are non-negotiable: electrical problems, plumbing leaks, non-functional HVAC, active roof leaks, water damage, and any mold or structural concerns. These can deter financing, give buyers grounds to walk away under a home inspection condition, or significantly reduce your buyer pool. Small incomplete projects, missing trim, unpatched walls, half-finished basement work, should also be finished, because they signal a "project house" even when the underlying structure is sound. If prices in Sarnia have softened since 2025, should I still invest in renovations or just price more aggressively? It's not an either-or. With a sale-to-list ratio around 97.5%, pricing aggressively helps, but pricing a home that still needs significant work below market usually means you're leaving money on the table unnecessarily. The better strategy in most cases is to handle the must-do repairs and targeted cosmetics, then price in line with recent comparable sales. Overpricing a home that needs work leads to longer days on market and eventual price reductions, which is a worse outcome than investing in visible, high-impact improvements upfront. I can run a current comparative market analysis for your specific home to help you find that balance. The Bottom Line: Fix What Matters, Skip What Doesn't In Sarnia–Lambton's 2026 market, the sellers who do best are the ones who fix what buyers will flag and skip what buyers won't pay for. That means mechanical and safety repairs without exception, targeted cosmetics in the mid-market and upper bands, and a clear-eyed pass on full renovations that won't return their cost in a flat-to-softening price environment. Every home is different, and the right pre-sale plan depends on your specific condition, your price band, and what comparable homes are doing right now. If you're thinking about listing in the coming months, I'd be glad to walk through your home and give you a straight answer on what's worth doing and what isn't. Book a no-obligation consultation at sarniaproperty.com and let's put together a plan that makes sense for your situation. About Sean Ryan Born and raised in Sarnia–Lambton, Sean Ryan is a licensed Broker with over 20 years of experience in residential real estate, investment properties, rehab projects, and new home construction across Lambton County and surrounding communities. Sean holds a Broker's licence, one of the highest designations available in the Ontario real estate industry, and is known for his deep community roots, straightforward communication style, and ability to guide clients from first-time purchases through to downsizing and investment acquisitions. He is an active member of the Blue Coast Team at CB Southwest. CB Southwest · 226-778-0747 Equal Housing Opportunity. This article is provided for general informational purposes only and does not constitute legal, tax, or financial advice. Renovation costs, market conditions, and transaction details vary by property and situation, confirm your own numbers with your real estate lawyer, tax advisor, or lender before making decisions. ### [692 Homes For Sale in Sarnia — So Why Aren't Prices Dropping? | August 2026 Market Update](https://www.sarniaproperty.com/blog_read/692-homes-for-sale-in-sarnia-so-why-arent-prices-dropping-august-2026-market-update) .bcr-wrap { width:100%; font-family:'Segoe UI',Arial,sans-serif; color:#1a1a1a; background:#fff; } .bcr-hero { width:100%; background:#0c1c36; padding:48px 0 36px; text-align:center; } .bcr-hero-label { display:inline-block; background:#d4a017; color:#0c1c36; font-weight:700; font-size:12px; letter-spacing:2px; padding:5px 16px; border-radius:2px; margin-bottom:16px; text-transform:uppercase; } .bcr-hero h1 { color:#fff; font-size:2.1em; font-weight:800; margin:0 0 10px; line-height:1.15; } .bcr-hero-sub { color:#d4a017; font-size:1.05em; font-weight:600; margin:0 0 6px; } .bcr-hero-date { color:#9aaccc; 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} .bcr-hood-table { width:100%; border-collapse:collapse; margin:18px 0 24px; font-size:0.91em; } .bcr-hood-table th { background:#0c1c36; color:#fff; padding:9px 10px; text-align:left; font-size:0.84em; } .bcr-hood-table td { padding:9px 10px; border-bottom:1px solid #e6e9ef; vertical-align:top; } .bcr-hood-table tr:nth-child(even) td { background:#f7f8fa; } .bcr-hood-table td.bcr-district { font-weight:700; color:#0c1c36; } .bcr-hood-table td.bcr-highlight { color:#d4a017; font-weight:700; } .bcr-cta { width:100%; background:#0c1c36; padding:36px 28px; text-align:center; margin:32px 0 0; box-sizing:border-box; } .bcr-cta h2 { color:#fff; font-size:1.4em; font-weight:800; margin:0 0 8px; } .bcr-cta p { color:#9aaccc; font-size:0.95em; margin:0 0 24px; } .bcr-btn-wrap { text-align:center; margin:0 0 20px; } .bcr-btn { display:inline-block; padding:14px 28px; border-radius:4px; font-weight:700; font-size:0.97em; text-decoration:none; margin:6px 8px; } .bcr-btn.gold { background:#d4a017; color:#0c1c36; } .bcr-btn.outline { background:transparent; color:#fff; border:2px solid #fff; } .bcr-contact { color:#9aaccc; font-size:0.87em; margin:16px 0 0; line-height:1.9; } .bcr-contact a { color:#d4a017; text-decoration:none; } .bcr-disclaimer { width:100%; background:#f7f8fa; border-top:1px solid #e6e9ef; padding:18px 24px; box-sizing:border-box; margin:0; } .bcr-disclaimer p { font-size:0.78em; color:#777; line-height:1.6; margin:0; } Monthly Market Update Sarnia-Lambton Real EstateMarket Report — August 2026 692 Homes for Sale. Prices Still Holding. Here's Why. Published September 2026  |  Sean Ryan, Broker/Owner, Blue Coast Realty Ltd. Sales are down. Listings are at a ten-year August high. And yet the benchmark home price in Sarnia-Lambton is holding at $489,900. That's the disconnect this month — and it tells you more about where this market is heading than any single number on its own. Buyers now have the most leverage they've had since 2016. Sellers who understand today's market are still transacting. Those who don't are sitting. Here's what the August 2026 data actually says. ▲ Watch the full video breakdown above — or read on for all the data. 📊 At a Glance — August 2026 Metric August 2026 vs. Aug 2025 vs. Aug 2024 vs. Aug 2021 HPI Benchmark $489,900 −2.6% (YoY) −4.7% (3yr) — Average Sale Price $535,819 +2.4% +0.2% +9.5% Median Sale Price $504,775 +6.2% +8.2% +14.5% Sales 136 −4.2% +19.3% −17.1% New Listings 317 +23.8% +21.9% +63.4% Active Listings 692 +6.8% +13.6% +352.3% Months of Inventory 5.1 mo. 4.6 (2025) 5.3 (2024) 0.9 (2021) Sale-to-List Ratio 96.7% 97.7% (2025) 97.3% (2024) 105.8% (2021) Median Days on Market 37 days 26 days (2025) 21.5 days (2024) 9 days (2021) Why the HPI Benchmark matters more than average price: The MLS® Home Price Index compares the same type of home month after month — it strips out the mix shift that distorts average prices when luxury sales spike or cheaper properties dominate. When average and HPI diverge, HPI is telling the truth about underlying value. This month, average and median prices are both UP year-over-year, while the HPI is slightly down — that divergence is caused by a mix shift toward higher-priced properties closing in August. The benchmark at $489,900 is the cleanest signal of where Sarnia-Lambton home values actually sit. 🔍 What's Actually Happening August 2026 delivered the highest new listing count for any August in over a decade — 317 homes came to market, up 23.8% from August 2025. Active listings at month-end reached 692, the most available supply this region has seen in years. And yet the benchmark price is holding at $489,900, down just 2.6% year-over-year. The reason supply hasn't crushed prices is that demand, while slower, hasn't evaporated. 136 homes sold in August — down modestly from last year but up 19% from August 2024 and 16% from August 2023. The year-over-year softness is partly a comparison problem: last August was a strong month. Zoom out and this is a very normalized pace of activity. What has changed is the balance of leverage. Buyers now have 5.1 months of inventory to work with, 37 median days to make decisions, and sellers accepting 96.7 cents on the dollar. That's a fundamentally different negotiating environment than the 0.9-month, 9-day, 105.8%-of-asking frenzy of August 2021. The market has normalized — not crashed. The 3-month summer arc: June 2026 had 3.8 months of inventory — just inside seller's market territory. July jumped to 5.0 months — the highest July reading in 11 years. August holds at 5.1 months. In 60 days, the market moved from the edge of seller's territory to the soft end of balanced. That shift in leverage happened fast, and buyers should be paying attention. $489,900 HPI Composite Benchmark −2.6% year-over-year 5.1 Months of Inventory Balanced / leaning buyer 692 Active Listings 10-year August high 37 Median Days on Market Was 26 days in Aug 2025 🛒 What Buyers Need to Know This is the best buyer's market in Sarnia-Lambton since 2016. With 692 homes available, 5.1 months of supply, and sellers accepting 3.3 cents below asking on average, buyers have real negotiating power for the first time in years. The median days on market of 37 days means you have time — for inspections, for due diligence, for making informed decisions. The days of waiving conditions in a panic are over. The price sweet spot with the most selection and activity is the $400,000–$699,000 range, which accounted for the majority of August's sales. Bungalow buyers: demand for one-storey homes remains heavily concentrated relative to other styles. If a well-priced bungalow hits the market, move with confidence but don't panic — you have time to be deliberate, not hasty. Actionable for buyers: If you're pre-approved, now is your window. Rates are stable, selection is at a multi-year high, and sellers are negotiating. Waiting isn't getting you better rates — it's building competition against you as pent-up demand accumulates heading into fall. 🏦 Current Mortgage Rates — September 2026 Best 5-year fixed (insured) 4.09% Best 5-year variable 3.30% Prime Rate 4.45% Stress test qualifying rate ~6.09% (contract rate + 2%) BoC overnight rate 2.25% (7th consecutive hold) Next BoC decision October 28, 2026 🏷️ What Sellers Need to Know You are not in a zero-negotiation market. Buyers know they have options — 692 of them. The homes that are selling quickly and close to asking price share one thing in common: they're priced to where the market is today, not 2022, not even early 2025. With a 37-day median days on market, you have roughly five weeks before a listing starts to look stale. Overpricing and chasing the market down is the single worst outcome — it signals desperation and attracts low offers. Price it right from day one. Bungalow owners: you remain in the most in-demand product category in this market. A well-priced, well-presented bungalow is still moving. Point Edward and Lakeshore sellers: prestige pricing is holding — the 12-month average sale price in DISTPL sits at $731,108. Actionable for sellers: If you need to be sold before the holidays, September and October are your window — historically the second busiest selling season. Listing now puts you in front of motivated fall buyers before the market quiets for winter. "More supply than any August in a decade. Prices still holding. The market isn't crashing — it's normalizing. And in a normalized market, pricing discipline and preparation are the only advantages that matter." 🌎 National Context — Bank of Canada & Rates On September 2, 2026, the Bank of Canada held its overnight rate at 2.25% for the seventh consecutive time. The decision was widely expected. The BoC cited stronger-than-expected Q2 GDP growth (3.3%), unemployment edging down to 6.4%, but flagged meaningful upside inflation risks: elevated energy prices from the ongoing Middle East conflict, and new US tariffs on Canadian exports following the breakdown of trade talks. Both situations remain fluid. TD economist Marc Ercolao noted that stronger Q2 growth reduced the case for rate cuts, while inflation pressures remain contained — making hikes equally hard to justify. The consensus: the Bank stays on hold through year-end, data-dependent. The next decision is October 28, 2026, alongside a full Monetary Policy Report. Fixed mortgage rates are creeping higher as bond yields rise — the 5-year Government of Canada bond yield has climbed to around 3.65%, putting upward pressure on lenders. Variable rates remain stable at 3.30% (prime minus ~1.15%). The variable advantage still exists today, but forecasters note that if the BoC eventually pivots to hikes, that spread will erode. 🏛️ Federal Housing Policy — What's Still in Effect First Home Savings Account (FHSA): Up to $40,000 in tax-free contributions toward a first home. Contributions are tax-deductible; withdrawals are tax-free. A first-time buyer's most powerful savings tool. Insured mortgage cap raised to $1.5M: Effective December 2024, buyers with less than 20% down can now purchase homes up to $1.5M with insured financing (previously $1M cap). Still in effect. 30-year amortizations for insured mortgages: Available on new construction for insured buyers — helps reduce monthly payments and qualify for higher purchase prices. First-Time Home Buyer's Tax Credit: Non-refundable $10,000 credit (up to $1,500 back at tax time) for eligible first-time buyers who close on a qualifying home. Home Buyer's Plan (RRSP): First-timers can still withdraw up to $35,000 from an RRSP tax-free (per person) toward a down payment. 🏠 Local Insights — Home Styles Sold (August 2026) Bungalows continue to dominate by a wide margin — outselling the next most popular style by more than two to one. Demand for one-storey homes is structurally embedded in this market, driven by aging demographics and lifestyle preferences unique to Sarnia-Lambton. Rank Style Units Sold Avg. Sale Price 1st Bungalow 60 $542,050 2nd 2-Storey 26 $578,061 3rd 1½-Storey 15 $460,187 4th Raised Ranch 10 $517,990 5th Side Split 4-Level 6 $515,750 Source: Sarnia-Lambton Association of REALTORS® MLS® Detailed Statistics, August 2026. 📍 Neighbourhood Breakdown — August 2026 District Area Listings Sales Avg. Sale (Month) Avg. Sale (12-mo.) YTD Sales DISTSN Sarnia North 160 65 $466,586 $482,171 534 DISTPL Point Edward / Lakeshore 26 13 $690,585 $731,108 90 DISTEN East End / South Sarnia 19 16 $608,913 $485,616 81 DISTLA Lambton Shores 12 8 $758,363 $567,382 48 DISTSL South Lambton 39 19 $587,645 $554,747 125 DISTBR Bright's Grove 7 2 $482,000 $447,113 11 DISTWT Watford Area 1 1 $580,000 $508,667 5 Source: Sarnia-Lambton Association of REALTORS® Residential Activity by Area, August 2026. 🔮 What's Coming Next October 28, 2026 — Next Bank of Canada decision + full Monetary Policy Report. This is the key date to watch. If the BoC holds again, expect buyer caution to continue. A rate hike signal would be a headwind for activity. A surprise cut — while currently unlikely — could unlock pent-up demand heading into late fall. Fall market window (September–October). Historically the second busiest selling season of the year. Sellers listing now are catching motivated buyers before the holiday slowdown. This window typically closes by mid-November. Macro uncertainty. US-Canada trade talks have broken down. Counter-tariffs are in play. Energy prices remain elevated due to the ongoing Middle East conflict. These factors are the primary shadow on buyer confidence in Q3 2026, and their resolution (or escalation) will shape Q4. CREA still expects the second half of 2026 to outperform the first — the recovery is delayed, not cancelled. Their 2027 outlook calls for a meaningful rebound in both sales and prices nationally. 💬 Final Thoughts August 2026 is a market of contradictions — record-high supply and stubbornly stable prices. But the contradiction resolves when you look at it clearly: supply is high because sellers are showing up, and prices are holding because the right homes, priced correctly, are still finding buyers. What's changed is the terms of those transactions. Buyers negotiate. Sellers concede. Homes sit longer before trading hands. That's not a crisis. That's a normal real estate market — one Sarnia-Lambton hasn't seen in nearly a decade. Knowing how to navigate it is the difference between a transaction that works and one that doesn't. That's what I'm here for. Ready to Make a Move in Sarnia-Lambton? Whether you're buying, selling, or just figuring out your options — let's talk through the data and build a plan that actually works in today's market. Get a Free Home Evaluation Search All Active Listings 📞 226-778-0747  |  ✉️ sean@bluecoastteam.com📍 169 Christina Street N, Sarnia ON  |  🌐 bluecoastteam.com  |  sarniaproperty.com Data sourced from the Canadian Real Estate Association (CREA) MLS® Home Price Index Report — Sarnia-Lambton Region (August 2026), the Sarnia-Lambton Association of REALTORS® MLS® Detailed Statistics and Residential Activity by Area (August 2026), Bank of Canada (September 2, 2026), and Ratehub.ca (September 14, 2026). All present and historical MLS® data is based on information collected on the first calendar day of the month and may be revised. This content is for informational purposes only and does not constitute financial, mortgage, or real estate advice. Always consult a licensed professional for guidance specific to your situation. Sean Ryan is a licensed real estate broker in Ontario, Canada. Blue Coast Realty Ltd., Brokerage.