4
www.remaxinthehills.com More Sellers TRUST Chris, CALL Chris, LIST with Chris, SELL with Chris than any other Realtor!!* * based on listing units and/or dollar sales for the Caledon/ Mono area determined by an independent research firm from data drawn by the Toronto Real Estate Board through mid 2019. Chris P. Richie, Broker of Record/Owner [email protected] Sean Anderson, Broker [email protected] Dale Poremba, Sales Representative [email protected] Philip Albin, Broker [email protected] Jennifer Unger, Sales Representative [email protected] Philip Albin Sean Anderson Jennifer Unger Dale Poremba Chris P. Richie cont'd on page 2 November 2019 905-584-0234 519-942-0234 1-888-667-8299 STIGMA???? WHAT IS THAT? 933009 Airport Road, Caledon, ON L9W 2Z2 NOBODY SELLS MORE... FOR THE LAST 10+ YEARS!..* than Chris Richie Independently Owned & Operated IN THE HILLS INC. BROKERAGE Serving CALEDON, MONO, ADJALA and surrounding areas A word that is being tossed around in the Real Estate world more and more frequently is STIGMA. Thanks to the internet, Google and for some of us the good old dictionary… the definition can be found out fairly easily but how does that apply to Real Estate? According to the Real Estate Council of Ontario it is described as “In the context of real estate, a “stigma” is a non-physical, intangible attribute of a property that may elicit a psychological or emotional response on the part of a potential buyer. There may have been an event or circumstance that occurred in or near the property that does not affect the property’s appearance or function, but might be considered by some as emotionally disquieting. Unlike a latent or patent defect, which may exist at a property, there is nothing physically observable or measurable associated with a stigma.” The last 20 or so years the most common “stigma” that was associated to Real Estate was the grow-op. Often there were patent and latent defects associated with a home that was once used as a grow-op. However, the stigma –or the determine what should be disclosed to a buyer? How is a homeowner supposed to know if there may be a “non-physical, intangible attribute of a property that may elicit a psychological or emotional response” to their property? The question of what should be disclosed and why is a legal debate that is best left to lawyers, judges and politicians…..ok lawyers and judges. However, for practical everyday business common sense would suggest that a realtor might want to ask their Buyer what might affect their buying decision. More often than non physical intangible attribute was the fact that the home was used for criminal purposes, perhaps other criminals still believe there is a grow-op at this address and the fear of the potential for further criminal activity on the property was not too farfetched. Clauses that asked Sellers to warrant and represent that their home was not used as a grow-op were and still are very common practice in real estate transactions. The reality is that a STIGMA could come in multiple forms. Murders, suicides, even a natural death in a home could be a factor that would deter a Buyer from purchasing a property. The fact that any type of crime was committed on the property could impact a person’s decision to purchase the home. Maybe it’s a tale of ghosts and hauntings! There could be a myriad of things that might affect a Buyer on an emotional level. The scary part of the issue with a stigma is how does one $1,895,000 IDEAL ASPECTS OF COUNTRY LIFE IN CALEDON 12.1 acres, trails through forest & privacy. Detached 3 car garage & storage building. Exclusive street with 5 properties. Custom 2 storey, 3 bedroom, 5 bath home. Soaring ceiling family room, 8 separate entryways, wood burning fireplace & 3 sided propane one also. Master has 5 pc. ensuite & walk-in closet. Finished walk-out basement, heated saline inground pool & hot tub. Caledon REFERRED BY REPUTATION FOR OVER 30 YEARS

SOLD November 2019 REFERRED BY REPUTATION FOR OVER 30 … · exercise rm, rec. rm & workshop. 2 car garage, deck, hot tub, fire pit, fenced dog run & mature trees. Steps to park w/tennis

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www.remaxinthehills.comMore Sellers TRUST Chris, CALL Chris, LIST with Chris, SELL with Chris than any other Realtor!!*

*based on listing units and/or dollar sales for the Caledon/ Mono area determined by an independent research firm from data drawn by the Toronto Real Estate Board through mid 2019.

Chris P. Richie, Broker of Record/Owner [email protected]

Sean Anderson, Broker [email protected]

Dale Poremba, Sales Representative [email protected]

Philip Albin, Broker [email protected]

Jennifer Unger, Sales Representative [email protected]

Philip Albin

Sean Anderson

Jennifer UngerDale Poremba

Chris P. Richie

cont'd on page 2

November 2019

905-584-0234 519-942-02341-888-667-8299

STIGMA???? WHAT IS THAT?

933009 Airport Road, Caledon, ON L9W 2Z2

NOBODY SELLS MORE... FOR THE LAST 10+ YEARS!..* than Chris Richie

Independently Owned & OperatedIN THE HILLS INC. BROKERAGE

Serving CALEDON, MONO, ADJALA and surrounding areas

A word that is being tossed around in the Real Estate world more and more frequently is STIGMA. Thanks to the internet, Google and for some of us the good old dictionary… the definition can be found out fairly easily but how does that apply to Real Estate?

According to the Real Estate Council of Ontario it is described as “In the context of real estate, a “stigma” is a non-physical, intangible attribute of a property that may elicit a psychological or emotional response on the part of a potential buyer. There may have been an event or circumstance that occurred in or near the property that does not affect the property’s appearance or function, but might be considered by some as emotionally disquieting. Unlike a latent or patent defect, which may exist at a property, there is nothing physically observable or measurable associated with a stigma.”

The last 20 or so years the most common “stigma” that was associated to Real Estate was the grow-op. Often there were patent and latent defects associated with a home that was once used as a grow-op. However, the stigma –or the

determine what should be disclosed to a buyer? How is a homeowner supposed to know if there may be a “non-physical, intangible attribute of a property that may elicit a psychological or emotional response” to their property?

The question of what should be disclosed and why is a legal debate that is best left to lawyers, judges and politicians…..ok lawyers and judges. However, for practical everyday business common sense would suggest that a realtor might want to ask their Buyer what might affect their buying decision. More often than

non physical intangible attribute was the fact that the home was used for criminal purposes, perhaps other criminals still believe there is a grow-op at this address and the fear of the potential for further criminal activity on the property was not too farfetched. Clauses that asked Sellers to warrant and represent that their home was not used as a grow-op were and still are very common practice in real estate transactions.

The reality is that a STIGMA could come in multiple forms. Murders, suicides, even a natural death in a home could be a factor that would deter a Buyer from purchasing a property. The fact that any type of crime was committed on the property could impact a person’s decision to purchase the home. Maybe it’s a tale of ghosts and hauntings! There could be a myriad of things that might affect a Buyer on an emotional level.

The scary part of the issue with a stigma is how does one

EXECUTIVE FAMILY RETREAT ON 10 ACRESMulti level custom built home, maintained & improved w/quality & skill. Inspiring views of forest, meadow & ponds. 3 kit: main has been upgraded, 1 bedroom nanny suite, master has fireplace, w-in dressing rm, 6 pc. ensuite & hdwd flrs. Fin. w-out basement w/kit, rec. rm & games rm. 4 car garage, shop/office building, inground pool w/waterfall feature. Caledon

FAMILY FRIENDLY NEIGHBOURHOOD IN MONO MILLS 2 storey, 4+1 bdrms & 3 bath house on a cul de sac. Living/dining combo w/hdwd flrs, kitchen has ceramic flr & centre island, family room w/fireplace, master w/4 pc. ensuite & his/hers closets. Finished basement w/bedroom, exercise rm, rec. rm & workshop. 2 car garage, deck, hot tub, fire pit, fenced dog run & mature trees. Steps to park w/tennis court & trails. Caledon

YOU’LL BE SOLD ON US!

$2,488,000$849,998

$1,599,000

BU

SIN

ES

S COMM

UNITY

JOBS

TH INK LOCAL

SHOP LOCALLY with retailers or professionals that live and work in our area. Your dollars will help your neighbours, your community, and your town.

Our staff live and work in your neighbourhood.

KEVIN WEATHERBEE- ASSOCIATE DEALER

1-877-693-3776SERV

SALES INSTALLATI NO

ICE

Propane energy solutions

Not intended to solicit buyers or sellers currently under contract. Each office independently owned and operated

905-584-0234 519-942-02341-888-667-8299

Independently Owned & OperatedIN THE HILLS INC. BROKERAGE

BACKING ONTO ISLAND LAKE CONSERVATIONMature, quiet subdivision, 4 level sidesplit home w/3+2 bdrms & 3 baths. Dining/living combo w/hdwd flrs. Eat-in kit. has slate flrs & w-out to deck, master w/3 pc. ensuite, w/i closet & hdwd, fin. basement w/fam. rm, 2 bedrooms & rec. rm. 125 x 200 ft. lot, 2 car garage, inground pool , cabana & trails just beyond property. Mono

BEAUTY & SERENITY ON PICTURESQUE 18.2 ACRESGated entry, paths to inground pool, pergola, gazebo, field stone walkways, waterfall feature, hot tub, deck, forest & stream. 3+2 bdrms, 3 baths, bungalow, kit. w/slate flrs, island & combo w/fam. rm, master has 7 pc. ensuite & w/i closet, main flr office & laundry, fin. w-out basement w/exercise rm, rec. rm, 2 bdrms & bath. A Muskoka like hideaway. Mono

$1,895,000 IDEAL ASPECTS OF COUNTRY LIFE IN CALEDON12.1 acres, trails through forest & privacy. Detached 3 car garage & storage building. Exclusive street with 5 properties. Custom 2 storey, 3 bedroom, 5 bath home. Soaring ceiling family room, 8 separate entryways, wood burning fireplace & 3 sided propane one also. Master has 5 pc. ensuite & walk-in closet. Finished walk-out basement, heated saline inground pool & hot tub. Caledon

$839,000

REFERRED BY REPUTATION FOR OVER 30 YEARS

Not intended to solicit buyers or sellers currently under contract. Each office independently owned and operated

These ENVIRONMENTAL UPGRADES could save money… and the World!

ARE YOU PROUD OF

CANADA? Show The World,

FLY YOUR FLAG

With all this talk of climate change, it’s easy to forget that it’s more than just a catchy phrase. The earth’s temperatures have reached a historic high, and natural habitats, resources and wildlife are experiencing a rapid decline. In honour of World Environment Day, here are some environmental upgrades that home-owners and prospective buyers can prioritize when purchasing and renovating, to help create a more sustainable future!

What Role does Real Estate Play in Global Warming?In Canada, heating and electricity make up 45 per cent of greenhouse gas emissions. On top of that, studies show that cement alone is the source of eight per cent of the world’s carbon dioxide emissions. Real estate is one of the leading causes of climate change, but as technology continues to advance, there are a wide variety of solutions to help create a sustainable future to save our planet.  

Environmental Upgrades to Make to Your HomeThere are a number of upgrades that home-owners can invest in, not just to drastically reduce carbon emissions, but to save on monthly expenses. Of these, the most impactful is solar panels, which can reduce anywhere between 2-16 metric

tons of CO2 depending on the size of your solar system. They are an especially economical option when installed in a newly purchased home, as installation costs are offset over the years by the savings on utility expenses.

There are also a number of financing and loan options available to make sustainable homes more accessible to homeowners. Even if you’re looking to sell your home in the near future, solar panels can boost you property value by three to four per cent.

Investing in Energy Star-labelled appliances is another cost-effective option. Replacing old appliances like washers/dryers

and refrigerators with energy-efficient ones can help reduce your environmental impact significantly, and save you money on your energy bill in the long run. One of the best Energy Star investments you can make is an energy efficient water heater, which makes up 19 per cent of the energy consumption in the average Canadian

household. Because they operate around the clock, they are one of the most wasteful and environmentally harmful appliances in your home. You can decrease your carbon emissions by seven tonnes by switching to a tankless water heater that operates on demand, or by installing a solar water heater to completely minimize your environmental impact.

A unique and sustainable solution to high water consumption is rainwater harvesting. The average Canadian household uses 511,000 litres of water throughout the year, and by harvesting rainwater, the average homeowner could save 30 to 50 per cent on their water bills. Since half of the water we consume is used in our toilets and washing machines, water harvesting is a highly economical choice considering it’s not necessarily ideal to drink or shower in.  

Taking the Leap with a Net Zero HouseAs new developments gain popularity, consider the environmental impact of your next real estate purchase. Net Zero properties produce as much energy as they consume, creating a 100-per-cent sustainable environment in which to live, work and play. Climate change is the world’s most pressing issue, and with only 12 years to remedy the damages and actively work towards a sustainable future, the time for incremental home improvements is long gone.

Converting your home to a Net Zero space, or purchasing a Net Zero Energy property, is the most effective way to decrease your carbon footprint. If you’re looking for a new development, ask your RE/MAX agent to look into Net Zero developers. And if you’re looking at resale properties, ask your agent for Net Zero listings or how you can transform a traditional property to become self-sustaining.

RE/MAX agents are leaders in the industry, with years of experience and the exceptional ability to adapt and create a home-buying experience that aligns with your needs and values. Whether you’re looking to buy or sell, your RE/MAX agent is there to help you find or create a sustainable home that doesn’t just help save you money… but helps save the world.

Sources:prairieclimatecentre.ca, BBC.com, CalgaryHomes.ca, Climate.NASA.Gov, NRCan.gc.ca, GreenerIdeal.com, Biomason.com

Canadians recognize REMEMBRANCE DAY every

November 11th at 11 a.m. It marks the end of hostilities

during the First World War and an opportunity to recall all those who have served in the

nation’s defense.

Remembrance Day commemorates those who died in armed conflicts, particularly in

and since World War I.

PoppiesFreedomVeteranPeaceFlanders FieldsRecognize

MemorialAllied NationsCenotaphBugleCommemorateSilence

WarRespectHonourSacrificeTributeLest We Forget

REMEMBRANCE DAY WORD SEARCH

BETHELL HOSPICE CHRISTMAS MARKETNovember 16 9:00 a.m. - 2:00 p.m.Caledon Country Club 2121 Olde Baseline RoadThis popular event, organized each year by our Board of Directors, is the perfect way to usher in the holiday season. Since its inception in 2014, the bazaar has raised over $96,000 in support of Bethell Hospice Foundation. Join us at the Caledon Country Club for a great selection of handmade items, homemade baking & jams, jewelry, and unique gift ideas, as well as a fabulous silent auction. Be sure to come early for the best selection.For information or to donate items email  [email protected]

UPCOMING EVENTS

SAVE THE DATE! BOOK LAUNCHThe Caledon TrailwayBuilding a DreamNovember 24 2:30 p.m. - 5 p.m. Presentation - 3:30 p.m.St. James Church6025 Old Church Road, Caledon EastA perfect Christmas Gift at only $40.00. All proceeds go to The Caledon Trailway.

2019 MOONLIGHT MAGIC AND TRACTOR PARADE OF LIGHTSNovember 15 6:00 p.m. - 9:00 p.m.Downtown Orangeville – Town Hall, 87 Broadway Celebrating the beginning of the Festive Season with the Tractor Parade of Lights, great sales, visits with Santa, horse-drawn carriage rides, face painting and so much more.Visit https://downtownorangeville.ca/event/moonlight-magic-tractor-parade-of-lights/ for more information.

DIANE from our administrative team and her beautiful horse Sammy enjoy their weekend rides in the Caledon Hills together.

Horsing Around

not, a Realtor may ask what are you looking for? And the Buyer will rhyme off a litany of items: 4 big bedrooms, an inground pool, something close to a trail. Perhaps a small list of don’ts might come up. Example: I don’t want any carpet, or it can’t have an inground pool. But have you ever been asked if you would mind that the neighbours have claimed the house has been haunted for the past 50 years? And they say there are no dumb questions.

STIGMA???? WHAT IS THAT? cont'd from 1

READY TO SELL? 3 Ways an Agent Helps Get You StartedThe process of putting your home on the market and finding your next place can be overwhelming. Fortunately, an experienced agent can help you weigh all your options. Here’s where a professional might start:1. Researching your home’s value. An agent will have the

pulse on the current market. Together, you can review how much comparable properties have been selling for and how long they stayed on the market. The agent can provide a realistic idea of what your home is worth, and how fast (or long) it could take to find a buyer.

2. Working with your budget. After you learn what your current home is worth, you’ll be able to hone in on your options for your next one. An agent can give you an idea of what types of properties and which neighbourhoods are in your budget. And a good agent who knows the area will also be aware of local housing trends and can advise you when might be a good time to buy.

3. Making your home market-ready. There may be work to do before you put your house on the market. A Realtor can help you prioritize repairs and also recommend a home inspector for an expert opinion on features like roofs and HVAC. Ready to explore your options? Contact Chris Richie and TheRichie Group and get started.

J E T H F M W A C V W V M R A W M T K U O ZC U A E T R N M E M O R I A L Y W Y M I L EX X E V D O K Y G K M E X Z L Q P E A C E TW V C W M M L V P U P J E K I Z E J K J U UU U Z N T C J C G L J H E C E S F P X S R BH H L A C O S T B Y S T S W D O W S H B B IZ P E R E Q H S F E R F W B N M S I Y J J RR I S E P H L T I U T L O M A Q M L T O P TY X T T S B O P B X A U I Y T F R E E D O MU E W E E C P B J B P U R T I A Z N L G G LS W E V R O E M H P Z Z K H O R G C S U P AS B F Q P V J N T R E C O G N I Z E U V G LD F O N Q G S G O Y E W H A S T S I D G Q PG Y R T H O A S E T A R O M E M M O C B R MH D G N J A C E K V A O I J C C V I J X T UO T E F I D R E D K X P N L P M A B V P V ON F T W B A I F M P U Q H F E L G U B H Z OO P X B N L F E P S O U A Q A S G M Z E D NU U S X K S I Q W T Z S G M F J W P E U P GR R L S N C C R B Q C S O G J H C Q H D P FQ T M P J R E P F L A N D E R S F I E L D SH I G T U G M R H I Z Q A C W A E J R I Z M

These ENVIRONMENTAL UPGRADES could save money… and the World!

ARE YOU PROUD OF

CANADA? Show The World,

FLY YOUR FLAG

With all this talk of climate change, it’s easy to forget that it’s more than just a catchy phrase. The earth’s temperatures have reached a historic high, and natural habitats, resources and wildlife are experiencing a rapid decline. In honour of World Environment Day, here are some environmental upgrades that home-owners and prospective buyers can prioritize when purchasing and renovating, to help create a more sustainable future!

What Role does Real Estate Play in Global Warming?In Canada, heating and electricity make up 45 per cent of greenhouse gas emissions. On top of that, studies show that cement alone is the source of eight per cent of the world’s carbon dioxide emissions. Real estate is one of the leading causes of climate change, but as technology continues to advance, there are a wide variety of solutions to help create a sustainable future to save our planet.  

Environmental Upgrades to Make to Your HomeThere are a number of upgrades that home-owners can invest in, not just to drastically reduce carbon emissions, but to save on monthly expenses. Of these, the most impactful is solar panels, which can reduce anywhere between 2-16 metric

tons of CO2 depending on the size of your solar system. They are an especially economical option when installed in a newly purchased home, as installation costs are offset over the years by the savings on utility expenses.

There are also a number of financing and loan options available to make sustainable homes more accessible to homeowners. Even if you’re looking to sell your home in the near future, solar panels can boost you property value by three to four per cent.

Investing in Energy Star-labelled appliances is another cost-effective option. Replacing old appliances like washers/dryers

and refrigerators with energy-efficient ones can help reduce your environmental impact significantly, and save you money on your energy bill in the long run. One of the best Energy Star investments you can make is an energy efficient water heater, which makes up 19 per cent of the energy consumption in the average Canadian

household. Because they operate around the clock, they are one of the most wasteful and environmentally harmful appliances in your home. You can decrease your carbon emissions by seven tonnes by switching to a tankless water heater that operates on demand, or by installing a solar water heater to completely minimize your environmental impact.

A unique and sustainable solution to high water consumption is rainwater harvesting. The average Canadian household uses 511,000 litres of water throughout the year, and by harvesting rainwater, the average homeowner could save 30 to 50 per cent on their water bills. Since half of the water we consume is used in our toilets and washing machines, water harvesting is a highly economical choice considering it’s not necessarily ideal to drink or shower in.  

Taking the Leap with a Net Zero HouseAs new developments gain popularity, consider the environmental impact of your next real estate purchase. Net Zero properties produce as much energy as they consume, creating a 100-per-cent sustainable environment in which to live, work and play. Climate change is the world’s most pressing issue, and with only 12 years to remedy the damages and actively work towards a sustainable future, the time for incremental home improvements is long gone.

Converting your home to a Net Zero space, or purchasing a Net Zero Energy property, is the most effective way to decrease your carbon footprint. If you’re looking for a new development, ask your RE/MAX agent to look into Net Zero developers. And if you’re looking at resale properties, ask your agent for Net Zero listings or how you can transform a traditional property to become self-sustaining.

RE/MAX agents are leaders in the industry, with years of experience and the exceptional ability to adapt and create a home-buying experience that aligns with your needs and values. Whether you’re looking to buy or sell, your RE/MAX agent is there to help you find or create a sustainable home that doesn’t just help save you money… but helps save the world.

Sources:prairieclimatecentre.ca, BBC.com, CalgaryHomes.ca, Climate.NASA.Gov, NRCan.gc.ca, GreenerIdeal.com, Biomason.com

Canadians recognize REMEMBRANCE DAY every

November 11th at 11 a.m. It marks the end of hostilities

during the First World War and an opportunity to recall all those who have served in the

nation’s defense.

Remembrance Day commemorates those who died in armed conflicts, particularly in

and since World War I.

PoppiesFreedomVeteranPeaceFlanders FieldsRecognize

MemorialAllied NationsCenotaphBugleCommemorateSilence

WarRespectHonourSacrificeTributeLest We Forget

REMEMBRANCE DAY WORD SEARCH

BETHELL HOSPICE CHRISTMAS MARKETNovember 16 9:00 a.m. - 2:00 p.m.Caledon Country Club 2121 Olde Baseline RoadThis popular event, organized each year by our Board of Directors, is the perfect way to usher in the holiday season. Since its inception in 2014, the bazaar has raised over $96,000 in support of Bethell Hospice Foundation. Join us at the Caledon Country Club for a great selection of handmade items, homemade baking & jams, jewelry, and unique gift ideas, as well as a fabulous silent auction. Be sure to come early for the best selection.For information or to donate items email  [email protected]

UPCOMING EVENTS

SAVE THE DATE! BOOK LAUNCHThe Caledon TrailwayBuilding a DreamNovember 24 2:30 p.m. - 5 p.m. Presentation - 3:30 p.m.St. James Church6025 Old Church Road, Caledon EastA perfect Christmas Gift at only $40.00. All proceeds go to The Caledon Trailway.

2019 MOONLIGHT MAGIC AND TRACTOR PARADE OF LIGHTSNovember 15 6:00 p.m. - 9:00 p.m.Downtown Orangeville – Town Hall, 87 Broadway Celebrating the beginning of the Festive Season with the Tractor Parade of Lights, great sales, visits with Santa, horse-drawn carriage rides, face painting and so much more.Visit https://downtownorangeville.ca/event/moonlight-magic-tractor-parade-of-lights/ for more information.

DIANE from our administrative team and her beautiful horse Sammy enjoy their weekend rides in the Caledon Hills together.

Horsing Around

not, a Realtor may ask what are you looking for? And the Buyer will rhyme off a litany of items: 4 big bedrooms, an inground pool, something close to a trail. Perhaps a small list of don’ts might come up. Example: I don’t want any carpet, or it can’t have an inground pool. But have you ever been asked if you would mind that the neighbours have claimed the house has been haunted for the past 50 years? And they say there are no dumb questions.

STIGMA???? WHAT IS THAT? cont'd from 1

READY TO SELL? 3 Ways an Agent Helps Get You StartedThe process of putting your home on the market and finding your next place can be overwhelming. Fortunately, an experienced agent can help you weigh all your options. Here’s where a professional might start:1. Researching your home’s value. An agent will have the

pulse on the current market. Together, you can review how much comparable properties have been selling for and how long they stayed on the market. The agent can provide a realistic idea of what your home is worth, and how fast (or long) it could take to find a buyer.

2. Working with your budget. After you learn what your current home is worth, you’ll be able to hone in on your options for your next one. An agent can give you an idea of what types of properties and which neighbourhoods are in your budget. And a good agent who knows the area will also be aware of local housing trends and can advise you when might be a good time to buy.

3. Making your home market-ready. There may be work to do before you put your house on the market. A Realtor can help you prioritize repairs and also recommend a home inspector for an expert opinion on features like roofs and HVAC. Ready to explore your options? Contact Chris Richie and TheRichie Group and get started.

J E T H F M W A C V W V M R A W M T K U O ZC U A E T R N M E M O R I A L Y W Y M I L EX X E V D O K Y G K M E X Z L Q P E A C E TW V C W M M L V P U P J E K I Z E J K J U UU U Z N T C J C G L J H E C E S F P X S R BH H L A C O S T B Y S T S W D O W S H B B IZ P E R E Q H S F E R F W B N M S I Y J J RR I S E P H L T I U T L O M A Q M L T O P TY X T T S B O P B X A U I Y T F R E E D O MU E W E E C P B J B P U R T I A Z N L G G LS W E V R O E M H P Z Z K H O R G C S U P AS B F Q P V J N T R E C O G N I Z E U V G LD F O N Q G S G O Y E W H A S T S I D G Q PG Y R T H O A S E T A R O M E M M O C B R MH D G N J A C E K V A O I J C C V I J X T UO T E F I D R E D K X P N L P M A B V P V ON F T W B A I F M P U Q H F E L G U B H Z OO P X B N L F E P S O U A Q A S G M Z E D NU U S X K S I Q W T Z S G M F J W P E U P GR R L S N C C R B Q C S O G J H C Q H D P FQ T M P J R E P F L A N D E R S F I E L D SH I G T U G M R H I Z Q A C W A E J R I Z M

www.remaxinthehills.comMore Sellers TRUST Chris, CALL Chris, LIST with Chris, SELL with Chris than any other Realtor!!*

*based on listing units and/or dollar sales for the Caledon/ Mono area determined by an independent research firm from data drawn by the Toronto Real Estate Board through mid 2019.

Chris P. Richie, Broker of Record/Owner [email protected]

Sean Anderson, Broker [email protected]

Dale Poremba, Sales Representative [email protected]

Philip Albin, Broker [email protected]

Jennifer Unger, Sales Representative [email protected]

Philip Albin

Sean Anderson

Jennifer UngerDale Poremba

Chris P. Richie

cont'd on page 2

November 2019

905-584-0234 519-942-02341-888-667-8299

STIGMA???? WHAT IS THAT?

933009 Airport Road, Caledon, ON L9W 2Z2

NOBODY SELLS MORE... FOR THE LAST 10+ YEARS!..* than Chris Richie

Independently Owned & OperatedIN THE HILLS INC. BROKERAGE

Serving CALEDON, MONO, ADJALA and surrounding areas

A word that is being tossed around in the Real Estate world more and more frequently is STIGMA. Thanks to the internet, Google and for some of us the good old dictionary… the definition can be found out fairly easily but how does that apply to Real Estate?

According to the Real Estate Council of Ontario it is described as “In the context of real estate, a “stigma” is a non-physical, intangible attribute of a property that may elicit a psychological or emotional response on the part of a potential buyer. There may have been an event or circumstance that occurred in or near the property that does not affect the property’s appearance or function, but might be considered by some as emotionally disquieting. Unlike a latent or patent defect, which may exist at a property, there is nothing physically observable or measurable associated with a stigma.”

The last 20 or so years the most common “stigma” that was associated to Real Estate was the grow-op. Often there were patent and latent defects associated with a home that was once used as a grow-op. However, the stigma –or the

determine what should be disclosed to a buyer? How is a homeowner supposed to know if there may be a “non-physical, intangible attribute of a property that may elicit a psychological or emotional response” to their property?

The question of what should be disclosed and why is a legal debate that is best left to lawyers, judges and politicians…..ok lawyers and judges. However, for practical everyday business common sense would suggest that a realtor might want to ask their Buyer what might affect their buying decision. More often than

non physical intangible attribute was the fact that the home was used for criminal purposes, perhaps other criminals still believe there is a grow-op at this address and the fear of the potential for further criminal activity on the property was not too farfetched. Clauses that asked Sellers to warrant and represent that their home was not used as a grow-op were and still are very common practice in real estate transactions.

The reality is that a STIGMA could come in multiple forms. Murders, suicides, even a natural death in a home could be a factor that would deter a Buyer from purchasing a property. The fact that any type of crime was committed on the property could impact a person’s decision to purchase the home. Maybe it’s a tale of ghosts and hauntings! There could be a myriad of things that might affect a Buyer on an emotional level.

The scary part of the issue with a stigma is how does one

EXECUTIVE FAMILY RETREAT ON 10 ACRESMulti level custom built home, maintained & improved w/quality & skill. Inspiring views of forest, meadow & ponds. 3 kit: main has been upgraded, 1 bedroom nanny suite, master has fireplace, w-in dressing rm, 6 pc. ensuite & hdwd flrs. Fin. w-out basement w/kit, rec. rm & games rm. 4 car garage, shop/office building, inground pool w/waterfall feature. Caledon

FAMILY FRIENDLY NEIGHBOURHOOD IN MONO MILLS 2 storey, 4+1 bdrms & 3 bath house on a cul de sac. Living/dining combo w/hdwd flrs, kitchen has ceramic flr & centre island, family room w/fireplace, master w/4 pc. ensuite & his/hers closets. Finished basement w/bedroom, exercise rm, rec. rm & workshop. 2 car garage, deck, hot tub, fire pit, fenced dog run & mature trees. Steps to park w/tennis court & trails. Caledon

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$2,488,000$849,998

$1,599,000

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BACKING ONTO ISLAND LAKE CONSERVATIONMature, quiet subdivision, 4 level sidesplit home w/3+2 bdrms & 3 baths. Dining/living combo w/hdwd flrs. Eat-in kit. has slate flrs & w-out to deck, master w/3 pc. ensuite, w/i closet & hdwd, fin. basement w/fam. rm, 2 bedrooms & rec. rm. 125 x 200 ft. lot, 2 car garage, inground pool , cabana & trails just beyond property. Mono

BEAUTY & SERENITY ON PICTURESQUE 18.2 ACRESGated entry, paths to inground pool, pergola, gazebo, field stone walkways, waterfall feature, hot tub, deck, forest & stream. 3+2 bdrms, 3 baths, bungalow, kit. w/slate flrs, island & combo w/fam. rm, master has 7 pc. ensuite & w/i closet, main flr office & laundry, fin. w-out basement w/exercise rm, rec. rm, 2 bdrms & bath. A Muskoka like hideaway. Mono

$1,895,000 IDEAL ASPECTS OF COUNTRY LIFE IN CALEDON12.1 acres, trails through forest & privacy. Detached 3 car garage & storage building. Exclusive street with 5 properties. Custom 2 storey, 3 bedroom, 5 bath home. Soaring ceiling family room, 8 separate entryways, wood burning fireplace & 3 sided propane one also. Master has 5 pc. ensuite & walk-in closet. Finished walk-out basement, heated saline inground pool & hot tub. Caledon

$839,000

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