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Let's Talk About Capital Gains


Effective June 25, 2024, any capital gains earned up to the first $250,000 will continue to use 50% as the inclusion amount you would have added to your income for the year you sell. (So for a $200,000 capital gain, $100,000 would be added to your income for that year). For any remaining capital gains over $250,000, the new inclusion amount is two-thirds (about 66.7%) which would be added to your income for that year.

Dress to Impress: Staging Strategies 


Staging your home effectively can significantly enhance it's appeal to potential buyers. Here are 5 key tips for staging your home to sell:
1. Declutter and Depersonalize: Remove personal items like family photos, collections, and personal keepsakes. The goal is to create a neutral environment that allows buyers to envision themselves living in the space. Additionally, decluttering helps to make the space appear larger and more inviting.

2. Maximize Natural Light: Bright, well-lit rooms feel more spacious and welcoming. Open curtains and blinds to let in natural light, and add lamps or other light fixtures to any dark corners. Consider using higher wattage bulbs to brighten up rooms even more.

3. Define Each Space: Ensure that each room has a clear purpose. This might mean turning an ambiguous spare room into a guest bedroom or a home office. This helps buyers understand how they can utilize the space effectively.

4. Neutralize the Decor: While your personal style might be specific, it's important to neutralize the decor to appeal to a broader range of buyers. Paint walls in neutral colors like beige, gray, or white, and choose simple, stylish furnishings that complement the space without overwhelming it.

5. Enhance Curb Appeal: First impressions are crucial. Make sure the exterior of your home is inviting with a clean walkway, well-maintained landscaping, and a tidy front porch. Consider adding small touches like a new doormat, potted plants, or a freshly painted front door.


How can Haliburton's #1 Realtor Help you?*

Contact us today to get a FREE property evaluation. 
705-457-3461

*Based on sales volume, transactions & market share according to the Lakelands Associations of Realtors as of December 31, 2023