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THE PROS AND CONS OF BUYING A FIXER-UPPER

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  The allure of buying a fixer-upper can be tempting for those with a vision and a desire to create their   dream home . However, before embarking on such a project, it’s essential to consider both the advantages and disadvantages that come with purchasing a property in need of renovations. Explore with Abbey & Olivier, the pros and cons of buying a fixer-upper to help you make an informed decision. PROS OF BUYING A FIXER-UPPER Lower Purchase Price:   One of the most significant advantages of buying a fixer-upper is the potential for a lower purchase price compared to move-in ready homes in the same neighborhood. This affordability allows you to invest more in renovations, customizations, and upgrades, tailoring the property to your preferences while potentially increasing its market value.   Personalized Design:   Buying a fixer-upper gives you the freedom to design your home according to your taste and needs. From selecting the layout and materials to choo...

THE ULTIMATE GUIDE TO BUYING A HOME

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  Buying a home represents a critical turning point in life. It symbolizes the potential to build a house filled with treasured memories, financial security, and a sense of stability.  The home purchasing process can be stressful, especially for first-time buyers. We will lead you through all the necessary processes involved in   buying a home   in this thorough guide. Armed with this knowledge you will be able to make informed decisions when purchasing your new home.  DETERMINE YOUR BUDGET:  Before embarking on the house-hunting journey, it is crucial to assess your financial situation and determine your budget. Consider factors such as your income, savings, existing debts, and future expenses. Establishing a realistic budget will help you narrow down your options and prevent you from overspending.    GET PRE-APPROVED FOR A MORTGAGE:  Obtaining a mortgage pre-approval is a vital step in the home buying process. It involves a thorough evaluat...

The Benefits of Owning a Home

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  For many people, owning a home is a symbol of success and financial stability. While renting may seem like a more flexible and affordable option, in the long run, owning a home can provide numerous benefits that renting simply cannot match. In this blog post, the team at Abbey & Olivier will explore some of the top benefits of owning a home and explain why renting is often considered a waste of money. Building Equity One of the primary benefits of owning a home is building equity. Equity is the difference between the value of your home and the outstanding balance on your mortgage. As you make mortgage payments, your equity in the home increases, allowing you to eventually own the property outright. This is in contrast to renting, where every payment made goes towards paying someone else’s mortgage and building their equity. Stable Monthly Payments When renting, your monthly payments are subject to change with each lease renewal. However, when you own a home, y...

Choosing The Best Luxury Condo

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According to recent trends, condo living has increased in popularity in the Montreal area. Montrealers now opt to live and work in the city’s downtown area which can be very crowded during rush hours.  The team at Abbey & Olivier Agence Immobilière is dedicated to keeping you informed on current market trends such as luxury condo living and helping you choose the best luxury condo. The ideal condominium property provides opulent amenities both inside your home and in communal areas. Below you can explore several key characteristics and vital components that the top luxury condos in Montreal should feature. Luxury Condominium Highlights Important features such as a brand-new kitchen, heating, air conditioning and an elevator are some of the basic amenities for any condo. This being said, private parking, a play area, and a well-kept garden are among some of the most exclusive features provided by some luxury condos. Even special amenities fit for hotels c...

What Makes Selling Luxury Real Estate Different?

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  With the rising cost of living on the island of Montreal, high-end or luxury properties are becoming an increasingly sought-after commodity in our area. These houses represent significant investments, frequently costing millions of dollars. The real estate market has evolved, and despite there being fewer luxury properties available, it is still crucial that the seller presents a favorable impression of the property. Luxury Real Estate Montreal It takes a lot of work to list a home for sale in Montreal’s luxury real estate market. It needs a wide range of skills, including knowledge of pricing, marketing, and negotiations. While the selling process should always be done carefully, selling a luxury property presents some special difficulties. You can get a larger return by being aware of them and making wise judgments in light of such knowledge.   For the West Island of Montreal, Abbey & Olivier is LuxuryRealEstate.com ‘s exclusive representative. When yo...

WHY WE LOVE THE WEST ISLAND

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  The island of Montreal is vast but nothing compares to the gorgeous West Island area. Families like to call this place home thanks to its excellent location and amenities. The area contains both French and English speakers and has many fantastic schools, parks, shopping malls, and restaurants. Let’s explore further why we believe you and your family would certainly thrive in this beautiful community. With roughly 236,000 residents, the West Island accounts for about over 12% of Montreal’s total population and makes up a third of its land mass. The territory’s administrative structure is fairly complex seeing as it consists of several of the local governments to the north and south of Highway 40. Roxboro, Pierrefonds, Sainte-Geneviève, and L’Île-Bizard are four cities in the north that have been transformed into municipalities of the City of Montreal, together with the newly reconstructed city Dollard-Des-Ormeaux. Beaconsfield, Baie-D’Urfé, Dorval, Kirkland, Senneville, Pointe-Cla...