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Any realtor worth their salt knows that the quickest way to freshen up a property is a simple coat of paint. So how can you catch a buyer’s eyes? Painting everything builder’s beige won’t cut it anymore, but a paint job with an on-trend contemporary colour can elevate a property above its peers.

Does this mean you should paint the walls of a small, dark bedroom grey because it’s a popular colour right now? No. To be blunt, that would be stupid. However you could paint it a soft grayish blue, then add some grey and white accessories and capture the trend in a way that works for the space.

So, if you’re looking to improve a space, what are the hot colours for 2010?

colour trend 1Soft pastels like pale pink (yes, pink!) are popular, and don’t have to look girly. The important thing to note is they’re warm and cheerful, but not hyper-saturated. Colour may be in, but it’s muted. This grey and pink living room provides a perfect example.

 

 

 

 

 

 

 

 

colour trend 2Blue rules – but like the pinks, they’re not bright – they’re airy and light and take colour cues from aquatic colours like ultramarines and turquoises.  If I had to pick one colour I’ve seen pop up on every “colour trend” list, it would definitely be a turquoise blue. However, keep in mind that light blue isn’t the best colour if your room lacks natural light – a safe bet is to pick a bluish grey, which won’t seem overpowering in bright light, and will play better in a darker room.

 

 

 

 

 

 

colour trend 3Overall colour palettes are ditching cool beiges– warm, earthy neutrals with names like “sand”, “clay” and “mushroom” rule the day – look for infusions of gold, lavender or cream instead of beige if you want to spruce up the paint on a family friendly home.

 

 

 

 

colour trend 5Grey, grey, grey! It’s a tricky colour to work with, but the rewards are an almost ethereal look to your rooms. Greys can have an undertone of blue, green or even purple, so it’s best to test a grey to see how it looks before you commit. However, when you get a grey right, the results are simply stunning.

 

 

 

 

colour trend 4Citrus can add a splash to your décor – it could be small hits of a pumpkin colour, or a muted, softer orange as a colour to brighten up a room with neutral furnishings and accessories.

 

 

 

 

 

 

 

 

Want more information or a little more help with your paint choices? These are the sources I used to put together this list:

Apartment Therapy - Inspiration from Crown Paints, Colour Me Happy - What Everyone Should Know about Grey, Style At Home - Paint Colour Trends for 2010, Sico Paints Trends for 2010-2011, Apartment Therapy - The Best Grey Paint Colors


One of the most popular blog posts Realestock has written was What do you Get for $1,000,000 – a fairly surprising comparison of global real estate prices. The conclusions? Tokyo was surprisingly affordable, New York and Seattle were what one would expect, and Vancouver came away seeming expensive by comparison.  So if you really are looking to buy real estate in far flung, exotic locales, here are 5 more properties for sale from all over the world. So what does a million dollars get you?

Toronto, Ontario, Canada

Why would someone want to live in Toronto? Quite simply, Toronto is the biggest and most happening city in Canada. It may not boast the mountains and oceans that Vancouver has, but in terms of cultural happenings, shopping and vibrant culture, Toronto is unmatched by any other city in Canada. Toronto gets a bad rap for thinking its the centre of the Canadian Universe, but there’s a reason for it – if you want to be where the action happens, you should be in Toronto.

What do you get for a million?
A lot! For $999,900 dollars you can pick up a two level penthouse suite with spectacular downtown views. A spacious 1860 sq feet offering puts similar priced Vancouver offerings to shame. Better yet, this property is in the heart of downtown - a few blocks from Queen Street, incredible night life, world class restaurants, and the Bay Street financial district.
Downtown Toronto Penthouse
Size: 1860 sq ft
Bedrooms: 2 + den
Bathrooms: 3
Price: $999,900 CAD
Auckland, New Zealand
New Zealand is a country of about 4,000,000 people, situated in a perfect climatic comfort zone. New Zealand’s climate is classified as “Mediterranean” and that actually means is plenty of sunshine, average temperatures in the twenties, and no real winter to speak of.  The biggest city in New Zealand is Auckland, a modern bustling metropolis that’s only a few hours away from the incredible rugged countryside most people associate with New Zealand.

aucklandWhat do you get for a million?
A spacious three double bedroom, 2 bathroom apartment overlooking the water in Auckland’s Viaduct Basin – which sounds sort of unappealing, but the Viaduct Basin is one of the swankiest parts of Auckland’s Central Business District (or CBD to the locals) housing the newest, most upscale apartments and best restaurants in the city.
Auckland Ocean View CBD Apartment
Size: 2260 sq ft
Bedrooms: 3
Bathrooms: 2
Price: $1,055,000 NZ Dollars, approx $787,053.25 CAD
Washington DC, USA
Far from being just for political types, Washington DC has proven itself to be one of the most resilient and well priced property markets in the US, holding its value even as comparable markets declined.

washintonWhat do you get for a million?
Property is at a top premium in Washington DC, so for those wanting to live closer to where the political action is happening, an apartment in Dupont Circle, part of the “Old City” would be more to most people’s liking. Dupont Circle is home to numerous Embassies, countless historic residences, and the Capital Pride LGBT pride Festival.
Dupont Circle Apartment
Size: 1416 sq ft
Bedrooms: 2
Bathrooms: 2.5
Price: $998,000 USD, approx $1,053,249.50 CAD
London, England
London is well known for having some of the most expensive real estate in the world – if you want to live close to downtown, a million dollars won’t get you very far at all. However, it can get a small, but attractive apartment near the action.

londonWhat do you get for a million?
A two bedroom apartment, overlooking the Thames River, across the way from Canary Warf, in Rotherhithe – a district in inner southeast London. Although quiet and suburban in nature, Rotherhithe used to be the site of the Surrey Docks, which were largely filled in during the 1980s, to be replaced by modern housing and apartments.
Thames Riverfront Apartment
Size: 904 sq ft
Bedrooms: 2
Bathrooms: 2
Price: £595,000, approx $956,385.63 CAD


Berlin, Germany
Berlin is unmistakably a world class city. Renowned during the cold war as a bastion of freedom and artistic inspiration (David Bowie spent several years in Berlin and was so inspired by the city he named an album after it), and now as a city on the must see list for any European traveler. Better yet, property in Berlin is reasonably priced – typically at €1,000 per meter compared to London’s £5,000 per meter (or about €6,000/m).

berlinWhat does a million get you?
A 1910 apartment in Berlin’s 4th borough, Charlottenburg-Wilmersdorf featuring oak floors, high ceilings and incredible period details. Charlottenburg was the commercial centre of West Berlin during the Cold War, and is still the main shopping centre of Berlin, offering major hotels, theatres, bars restaurants and attractions for tourists such as the world famous Berlin Zoo.
Period Luxury Apartment in Berlin
Size: 1367 sq ft
Bedrooms: 2
Bathrooms: 1
Price: €785,850, approx $1,073,958.30 CAD



real estateReal Estate investment has taken a real beating in the past two years. With sluggish markets just beginning to claw their way back, the question the smartest investors are asking is not, “what properties are for sale” but “where is it worth buying?

PriceWaterhouseCoopers (PWC) recently released their 2010 emerging trends report for Global Real Estate, which essentially laid out more of the same. While not feeling particularly bullish on any single market, markets that were performing well before the downturn will continue to impress, but markets on the fringe will still struggle to attract attention.  Accord to PWC the best places to buy real estate are:

Gateway markets: often near the coast (east or west), with international airports, ports and major commercial centres to back up property values.

Urban Centres: upscale  neighbourhoods in the city with safe streets that are pedestrian friendly and highly developed. Usually coupled with easy access to mass transit, and a good blend of amenities like stores, entertainment and recreational spaces all close by.

Smart Cities:
having nearby universities, colleges or high paying tech based sectors like computing, finance, biotech or medical centres are good bets for the property market.

On the flip side, PWC advises shying away from bubble-burst markets, fringe areas (like far flung suburbs requiring long commutes, or rural developments) and cities without major amenities or financial drivers.

To make a long story short, PWC highly ranked places like Seattle, San Francisco and Vancouver for investment prospects on the West Coast, and Toronto, Ottawa, Washington DC, Boston and New York all got favourable nods on the East Coast. Canadian cities on the whole, fared better than their American counterparts due to Canada’s relatively stronger economy.

What’s interesting about PWC’s pics is that none of these cities were ever known for their boom and bust economies, and all are traditionally more expensive markets. No matter where in the world an investor might be looking at real estate listings to buy properties, the market seems to indicate picking investments based on cities that offer good job prospects and a modern, highly urban lifestyle that’s always been a desirable location. At least for 2010, the safe money seems to be on the safe bet.
Read the PWC Report here.
Photo: Think Panama, Flickr

Most people and realtors will tell you that summer is the best time to buy and sell real estate, no matter what kind of property you have – condo, house, investment property… The popular assumption is that with enough sunshine streaming in, and with a well kept garden, the house will practically sell itself.  The problem with lazy thinking like that is no amount of sunshine or flowers will elevate a property above others – summer, as a whole tends to be pretty indiscriminate. So what can be done to make a property appeal over all others during the busiest real estate season of the year?

  1. Scope the competition – what are other homes in the neighborhood going for? What features do they have? How can you showcase the properties’ strengths while downplaying its weaknesses? Something as simple as drawing attention to a large garden, placing a home further back from the road than similar homes in the area can be a big incentive to the right kind of buyers.
  2. Keeping it clean – inside and out. Everyone will be touching up their yards to sell a house in the summer, but great curb appeal can be shattered by sloppy housekeeping. The inside and outside need to speak for themselves.  De-clutter, file away unnecessary knick knacks, get rid of any out-of-season messes, tidy up after the last BBQ, then put out some fresh flowers and open the curtains to reveal (freshly cleaned) windows.
  3. Fix any small problems – sticky gate to the back yard? Paint peeling off the fence? Ratty shrubs that need to be pruned in the back yard? Patio or balcony just really dirty? With a lot of homes on the market, even small issues can put a potential buyer off.  Nobody wants a property that already comes with a weekend to-do list.
  4. Keep it cool – everyone loves floor to ceiling windows, but they can let a lot of heat in if the blinds and curtains are open. Run the AC if it’s available. If not, and the property gets seriously uncomfortable, consider getting it installed. Turn it into an asset that no other property has.

Image: I See Modern Britian, Flickr


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