Prepping Your Home for Spring

 
 
 
Spring is my favorite season of the year! It's the time of the year when the sun is shining and everyone comes out of a winter hibernation. If your looking to buy a home during a spring frenzy, it can seem to be difficult. Seeming like every time you make an offer, somebody else beats you to it!  Although, spring can be the best time to buy a home for all the same reasons! To increase your chances of buying the home you want, it’s important to have a strategy that will give you an edge when many other buyers are in the market. Let me help you create that strategy, so your home buying process is flawless. 
- Graham Ogden
 
Prepare Your Home for Spring Thaw

As the weather warms and Canadian families go from home-bound hibernating to springtime sun-seeking, it’s important to make sure that the weather changes do not damage our homes.

Protecting the quality of your home, especially during spring runoff in a heavy-snowfall region, requires a bit of foresight, planning and support. Here are some tips from the Insurance Bureau of Canada (IBC) that will help you take preventative measures.

  • Inspect the grounds. Check to see if driveways, sidewalks, decks, around your basement, and patios have the appropriate grading to direct water away from your home.
  • Check your eaves and downspouts. Ensure they extend away from your basement wall to allow the water to drain away from your home and out toward the backyard, back lane, or street.
  • Check that your sump pump is correctly working. A functioning sump pump can prevent flooding in your home so be sure to check that it is in working order. Consider adding back-up battery power so that your sump pump continues to work in the event of an electricity outage. If you live in an area prone to flooding and you don't already have a sump pump installed it may be something to consider.
  • Consider installing backflow valves. In the event of a main sewer backup, backflow valves will automatically close to prevent water and sewage from entering your home. Backflow valves are to be installed on your basement sewer connections such as drains and toilets and are a good preventative measure.
 
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Graham Ogden
RE/MAX River City
Our mailing address is:
2852 Calgary Trail | Edmonton, AB T6J 6V7
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Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

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