October 16, 2008

Energy efficient renovations produce some the best ROI

As a Realtor, I'm often asked to suggest improvements that will make my clients' homes more attractive and that will provide the biggest return on investment. While kitchen and bathroom upgrades still offer some of the best ROI, energy efficiency upgrades are now high on the list of top paybacks, according to the 2008 Appraisal Institute of Canada (AIC) RENOVA survey.

High efficiency windows were cited most frequently as having an average recovery rate of 61 per cent. High efficiency windows received the highest level of agreement amond respondents as the energy-saving home improvement that would have a significant impact on the appraised value of a home. The type of heating system, heating system efficiency and insulation were also considered to make a significant difference.

A calculator offered on the AIC's website helps home renovators get a better idea of the ROI they can expect for a variety of home improvement projects.



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Toronto Real Estate Board Housing Prices Summary- Newmarket September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for Newmarket:

Sales: 103
$Volume: $34,884,700
Average Home Price: $338,686
Average Days on Market: 45
Average List %: 98

Click the links below to see a brief September 2008 summary for:

Bradford
Innisfil
East Gwillimbury
Keswick/Georgina
King
Aurora


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Toronto Real Estate Board Housing Prices Summary- King September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for King:

Sales:15
$Volume: $10,596,000
Average Home Price: $706,400
Average Days on Market: 60
Average List %: 96

Click the links below to see a brief September 2008 for:

Bradford
Innisfil
East Gwillimbury
Keswick/Georgina
Aurora
Newmarket

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Toronto Real Estate Board Housing Prices Summary- Keswick/Georgina September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for Keswick/Georgina:

Sales: 73
$Volume: $20,070,800
Average Home Price: $274,942
Average Days on Market: 49
Average List %: 96

Click the links below to see a brief September 2008 summary for:

Bradford
Innisfil
East Gwillimbury
Aurora
Newmarket
King

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Toronto Real Estate Board Housing Prices Summary- Innisfil September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for Innisfil:

Sales: 22
$Volume: $5,661,000
Average Home Price: $257,318
Average Days on Market: 59
Average List %: 96

Click the links below to see a brief September 2008 summary for:

Bradford
East Gwillimbury
Aurora
Newmarket
King

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Toronto Real Estate Board Housing Prices Summary- East Gwillimbury September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for East Gwillimbury:

Sales: 20
$Volume: $7,220,800
Average Home Price: $361,040
Average Days on Market: 59
Average List %: 96

Click the links below to see a brief September 2008 summary for:

Bradford
Innisfil
Aurora
Newmarket
King

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Toronto Real Estate Board Housing Prices Summary- Bradford September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for Bradford:

Sales: 32
$Volume: $9,725,805
Average Home Price: $303,931
Average Days on Market: 49
Average List %: 97

Click the links below to see a brief September 2008 for:
Innisfil
East Gwillimbury
Aurora
Newmarket
King

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Toronto Real Estate Board Housing Prices Summary- Aurora September 2008

The September market shows signs of a more balanced market. A total of 6,424 sales took place in September 2008.

Sales of single family dwellings in September, were down about six per cent from the 6,866 sales recorded during September of last year, said Toronto Real Estate Board President Maureen O'Neill. However, the 6,424 sales reported for September 2008 is down just three per cent from the 6,622 figure recorded in September 2006. To keep in perspective, September 2007's 6,866 sales was the second best figure ever recorded for that month.

So how many of those sales took place in the Northern districts? A total of 1,220 sales were reported in 23 Northern districts; and averaged a selling price of $407,424.

Here's a look at the September 2008 statistics for Aurora:

Sales: 57
$Volume: $23,618,900
Average Home Price: $414,367
Average Days on Market: 42
Average List %: 97

Click the links below to see a brief September 2008 summary for:
Bradford
Innisfil
East Gwillimbury
Keswick/Georgina
King
Newmarket

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