#daniellaaitkenteam Real Estate Blog

In the late 90's and into the 2000's, KITEC plumbing was used in a lot of our local builds in Burlington, Hamilton and the GTA. If you look under your sinks and see blue and orange tubes, instead of regular copper or PVC pipes, there is a good chance it is KITEC. The problems are not those "pipes", it is the fittings and fixtures, that corrode and deteriorate over time. They were faulty and often times, need to be replaced. If you Google search, you can find the codes that are imprinted on these fittings, that were recalled. 

There was a class action lawsuit and a $120 million dollar settlement awarded. That money sits in trust, the $97 million left after sparse claims and legal fees, waiting to be claimed, and whatever isn't, will be returned to the

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The time is here!! We have a lot of inventory that started very high in price this year and now, reality has hit and we are seeing price reductions! They overpriced so they are very negotiable now because 2018's clock is ticking fast. Many Sellers want closure by year end and now is your time to get a deal. Whether you are buying an investment or your forever home, or anything in between?! There are deals to be had! The market levelled at the beginning of 2018 and the past few months have seen a 2-5% increase in pricing, depending on the area. Once Spring Market begins? Those prices will start creeping up again as most Buyers prefer to move in the Spring! The fact is, if you do not mind moving when it is cold outside, it will save you money if you buy

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Lakeside living! Stunning 1 bed + den unit with thousands spent in upgrades. Kitchen has stainless steel appliances, raised breakfast bar, plenty of storage & mirror wall. Living room has floor to ceiling windows & walk out to over sized private balcony, with gate access to green space. Master with walk in closet! Bath features upgraded frameless glass shower with marble sil & recessed lighting.  Large foyer, versatile den, and stacked in-suite laundry. Neutral decor throughout and 9 ft ceilings. 2 owned parking spaces and locker . Easy access to highway & future Go Station. Steps to Lake Ontario, waterfront walking trails, shops and restaurants. 

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Below are the statistics released today by our local Real Estate Board.  

Hamilton RES New Listings:  183
Hamilton RES Sold Listings:  111
Hamilton RES Average sale price:  $505,952.00
Hamilton Commercial New Listings 20
Hamilton Commercial Sold Listings 7

Burlington RES New Listings:  54
Burlington RES Sold Listings:  37
Burlington RES Average sale price:  $703,945.00
Burlington Commercial New Listings 1
Burlington Commercial Sold Listings 1

If you have questions about the Real Estate market or are curious as to your home's current worth, give us a call.

We'd love to speak to you! 

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Jaw dropping views of Mount Nemo look out & Conservation Area through the floor to ceiling windows of the Great Room of this meticulously renovated home in rural Burlington! Or walk out to the wrap around, second storey deck for a closer look! Chef’s Kitchen, with hand picked granite counter tops, is open to the Formal Dining room. Cozy up to the custom stone fireplace in the Great room which boasts beamed ceilings. Main floor office. Master Suite also has stunning views of the Escarpment, walk out to deck, luxurious ensuite with stand alone tub, 2 vanities & seamless oversized stand alone shower. Spacious, main floor mudroom. Main floor laundry. Open staircase to lower level with iron spindles leads to the above grade Family room with floor to ceiling

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Selling a home is an emotional process, one that can make sellers susceptible to all sorts of pitfalls along the way. In an effort to help make the transition easier, we here are our top 6 Seller Mistakes:

Forgetting about curb appeal:

The old saying still reigns true “You never get a second chance to make a first impression."  So take the time to lay new sod, plant hedges, or colorful flowers to make it inviting and set the stage for your buyers. If you can’t get the buyer’s through the front door, any interior improvements won’t matter.

Pricing your home too high:

Sellers think they can always reduce the price if needed. The problem with this approach is that the home will sit on the market until it is priced right and may become

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Check out this past months market statistics: 


Hamilton RES New Listings:  212
Hamilton RES Sold Listings:  133
Hamilton RES Average sale price:  $518,968.00
Hamilton Commercial New Listings 18
Hamilton Commercial Sold Listings 4

Burlington RES New Listings:  51
Burlington RES Sold Listings:  42
Burlington RES Average sale price:  $610,956.00
Burlington Commercial New Listings 7
Burlington Commercial Sold Listings 0


Have more questions about the Real Estate Market?  Would you like a free Market Evaluation!

Call us today! We'd love to help!! 


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