Right up there with our physical health, our financial health is our next most burning concern isn't it?
This would explain why any time any place, people keep asking me what their house is worth. I should know, after all I am a Realtor. I walk amongst the oracles of acreage whose civic duty it is to appraise and apprise at the whim of all who approach.
I found myself seated at a table with three couples a few weeks back, a dinner honoring those involved with fund raising efforts for our local hospital expansion. A table circled by one Realtor, three Doctors and spouses. An acknowledged assemblage of individuals who curiously enough seemed more interested in my knowledge than each others as the evening progressed.
Over our time together two of them disclosed to me what they had paid for their humble spreads so many years ago followed by direct queries as to what I felt the present day value of their homes might be in light of the time passed and improvements made. I obliged as best I could also suggesting an invitation to view each home would allow for a more accurate evaluation..
One of my medical dinner mates that evening happened to be a podiatrist. As he outlined for me the trigonometric challenges of positioning his in-ground pool into his yard two summers ago with the aid of pen and paper, my mind began to wander as it often does. I found myself envisioning the sort of reaction I might elicit if I were to respond in kind by removing my right shoe and sock and placing my foot on the table to inquire about the status of my big toe which had intermittently been causing me a discomforting pain for much of the summer.
It seemed a rare yet opportune moment and a fair exchange of faculties. He wanted to know where he stands and so did I, but that other inner voice that sometimes wins told me I might be the only one at the table to see it as such.
I opted to finish my cherry cheese cake with both feet remaining firmly on the floor that night and just so you know, my toe is tip top once again. Every home owner longs to be reminded where ever and when ever possible that our homes are worth more than we paid for them.
We want just as much to be reassured that they are going to be worth even more tomorrow which is less of an exacting science yet requires a whole other set of skills to cipher.
In an upcoming post we will take a look at the many elements and indicators that affect property values in Ontario and we will use them to make some projections on what the future may hold for real estate values in the Barrie area..
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