Growing up, my family had several apple trees in the backyard. They were a joy to climb, and the apples made fantastic things to throw at one another, but my entire life, we never had apples that were edible. They were all eaten by squirrels, caterpillars, or were just plain and simple, too small to be truly edible. Our trees were never fertilized, or sprayed with pesticides, as a result. They never could produce much but the apples that were rotting on the trees. Which, as a small boy, made them all the better for throwing, but now that I’ve gotten quite a bit older, actually eating the fruit instead has moved it’s way up my list. But who provides fertilizing services in Idaho Falls? And how exactly does that help the trees produce more fruit?Continue reading “Who Provides Fertilizing Services In Idaho Falls?”
The answer to this question obviously depends on a number of factors.Continue reading “How Long Does Trademark Registration Take?”
Hammock camping is growing in popularity, and for good reason.
In a paradoxical way, it both gives you more exposure to the natural environment as well as added comfort (if you have the right equipment).Continue reading “Leave The Tents—Go Hammock Camping Instead”
If you’re having problems with wildlife on your residential or commercial property, here’s the best way to decide whether to call animal control or wildlife removal.Continue reading “Animal Control Vs. Wildlife Removal”
The 5 steps of financial planning, which we’ll go into in more detail below, can be summarized as:
Define—Gather—Analyse—Develop—ImplementContinue reading “What Are The 5 Steps In Financial Planning?”
Anxiety is natural. Everyone—with the possible exception of the comatose—experiences anxiety to some degree at some point each day.
Chronic anxiety is different. For those suffering from it, it seems as though the anxiety response is permanently turned on and directed towards, well, everything and nothing at the same time.
This ramps up anxiety levels regarding certain situations, topics, ideas, the list is endless.
Let’s give a quick rundown of the common symptoms of chronic anxiety:Continue reading “Chronic Anxiety: A Self-Help Guide”
Of course, it’s important to brush and floss regularly, but what else can we be doing to win the fight for whiter teeth and brighter smiles? Our smiles can say a lot about our diet. Teeth discoloration occurs when bacteria build up in your mouth. Bacteria loves sweet sugar just like the rest of us. The bacteria will ferment the sugar into an enamel-eating acid that can be the cause of countless dental care issues later. Discoloration is just one of many examples of what can happen to your oral health when bacteria is allowed to move in.Continue reading “Five Foods For A Brighter Smile”
Take it from 7K Metals, scam companies and shifty individuals saturate the field of gold and silver investing, and you need to know how to spot these scammers and avoid them at all costs.
Let’s look at some common tactics that companies and individuals use to screw you out of your hard-earned money.Continue reading “7K Metals: Scam Companies & How To Avoid Them”
It’s currently very clear that all of the following disorders can be the result of both genetic and environmental causes, the latter factor often triggering the former. Here we’ll discuss 6 common behavioral and mental health disorders and ways you can manage them.Continue reading “6 Common Behavioral & Mental Health Problems & How To Manage Them”
Maybe it’s just time to move on, you’re itching for a change of scene. You’re looking at homes across the country, and wondering what kind of home you’ll be able to afford. It just might be time to consider scheduling a home valuation. Home Valuations are an incredibly important, and yet underutilized tool offered for free by many businesses. In short, home valuations are an estimate of the properties’ value. This value is used by many industries, and is not exclusive to real estate, but it can be a great way to get a ballpark idea of what you can expect to receive for your home, and where you should start setting your price.
When Are Home Valuations Used?
Home valuations are frequently used when looking to sell homes, but are also often used when financing homes, businesses, or anything else. Calculating insurance, Taxes, and much more!
What Factors Make Up A Home’s Value?
A Home’s value takes a lot more into consideration than simply the historical prices of a home. In general, the value is based upon 4 determining factors. These factors include:
- And the ease of Transference
Each of these factors play a major role in determining the value of a home.
The most obvious determiner of value is the demand for a home. The higher the desire for homes of your size, and style, or in your region, the higher the value of your home. But on the other end of the spectrum, the lower the desire for homes of your size and style in your region, the lower the value of your home. For example, Ontario Canada as a whole is a very desirable place to live, The demand for homes there is very high and it drives home values through the roof. But the demand for homes is not consistent all across Ontario. The Toronto area while clearly having the greatest supply, has a demand that outstrips the rest of Ontario by a long shot, and home pricing reflects it with an average home price of about $805,000 according to Zoocasa.
Thunder Bay on the other hand is located miles away from Toronto and the job opportunities it brings, subsequently decreasing demand significantly for homes in the area. As a result, the average home price in Thunder Bay plummets down to an average of about $218,000. Everything from economic development, to neighborhood, home style, and size all play a role in the amount of demand there is for a home. Any good home valuation will look at several of these factors in determining current demand for your home.
Scarcity, or availability plays another huge role in determining a homes price. Scarcity in this instance does not specifically refer to the lack of supply, but is a double edged sword when used in home evaluations. The harder it is to find homes, the more they are worth, but the easier it is to find, the less each home is worth.
This factor is a much more fun and interesting factor than the relatively cut and dry scarcity factor. Utility is the property’s ability to meet the needs and wants of it’s future owners. This factor is not completely summed up in the present, but also extends far into the future. For example, A young couple booking for a home would find many 1 and 2 bedroom houses available at better prices than the 3 bedroom variety even when the square footage is relatively comparable. This is mainly due to the 3 bedroom’s future utility. The couple may really only need one bedroom at the time they are looking to purchase a house, but as their family expands, 2 and 3 bedroom houses are able to meet those expanding needs, unlike the 1 bedroom homes. The price of each home is adjusted by its ability to meet both current and future needs. The larger a home’s utility, the higher it’s value.
Ease Of Transference
Despite the scary name, this factor is another simple one. The value of a home increases or decreases depending on the ease with which it can have it’s deed transferred, or, the ease with which it can be sold. The more complicated, and the harder it is to get sole ownership rights, the less the home is worth.
Finally, it’s important to remember that while the terms are often used interchangeably, the value and the price of the home are not equal. In a perfect world, they are the same, but in reality, sometimes the purchase price can be more than the value of the home, and though possible, it is less than the value of a home much less often. An example of this is if you were to purchase a home for $200,000 in a good neighborhood, great yard, and decent space inside. You’d be pretty excited about it! But all of a sudden you pull down some of the sheetrock in an attempt to do a slight remodel, only to discover the house is infested with termites! All of a sudden what seemed like a decent purchase price has proven to far exceed the value of the home.