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Air Conditioning Repair and Replacement

Depending on your climate, air quality, and use, a well-maintained air-conditioning unit could last between 10 and 20 years. HVAC technology, refrigerant, and efficiency have advanced quite a bit in the last decade, so if your unit is more than 10 years old, you may want to consider replacing it with a more efficient model.

You can ask an HVAC technician for more information the next time they’re performing your annual check-up. Regular maintenance is important to keep your AC unit running efficiently and cooling properly, as well as to extend its life span.
Some signs to call your HVAC tech include:

Strange noises – loose belts may be a simple fix, but a failing motor is a costly repair and may be a sign it’s time to replace your unit.

Bad smells – if it smells musty or moldy, or like refrigerant when you turn on your air conditioning, get it looked at right away. It’s not worth the risk of introducing bacteria or fungus around your house, risking everyone’s health.

Frozen coils – a potentially blocked coil or refrigerant leak needs to be taken care of right away to avoid further damage.

Failure to cool – if your unit just can’t keep the house cool anymore, or if it’s humid inside despite running the AC, if some areas of the house are cool while others are not, or if the unit isn’t responding to the thermostat correctly, call your HVAC tech to find the problem.

Increased energy bills – if you’re scratching your head trying to figure out why your energy bills keep going up when nothing seems to have changed in your power usage, it could be pointing to an increasingly inefficient air conditioner.

An air conditioning unit is a major cost for a homeowner, and you’ll want to have any of these issues addressed by a qualified HVAC technician as soon as possible to protect your investment as well as your home, family, and utility bills.

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How to Know if You Are Ready to Buy a Home

Purchasing a home early in life can set you up for an early retirement

Buying and holding a primary residence is a sure win for accumulating equity that can be accessed and used as part of your retirement plan. The earlier you buy, the more equity you will gain.

So, how do you know when you are ready to buy a home?

What follows is a checklist to audit your home buying potential.

  • You’re past the age of majority in your province (in Nova Scotia, you have to be 19+ years of age to purchase property)
  • You’ve got job security and are past any probation period at work.
  • You’ve got at least a five per cent down payment saved. (or qualify for the provincial downpayment assistance program).
  • You’ve built up strong credit with a 680-plus credit score, but preferably 720 or better.
  • Your total housing costs plus debt payments are less than 44% of your gross income.
  • You can prove enough income, or you have a co-signer.
  • You’re a disciplined spender.
  • You’ve done the math, and buying makes more sense than renting.
  • You’ve developed an honest monthly budget.
  • You’ve got access to three-plus months of living expenses, a.k.a an emergency fund.

This is not an exhaustive checklist, but if you check all these boxes, you probably should be buying a home. If you don’t, prepare an honest budget and focus on saving a little bit each month while you work on the other items.

For more home-buying tips and advice, follow me on Instagram or Facebook or send an email to arrange a personal call. I will answer your questions and help you get started.

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What to look for in older homes in Halifax

When considering older homes in Halifax, Nova Scotia, it’s essential to pay attention to specific aspects that are particularly relevant to the region’s climate, geography, and historical construction practices. Here are five key things to look for:

Foundation Integrity

Halifax has varying soil conditions, and some areas may be prone to issues like settling or shifting. Inspect the foundation for cracks, signs of water damage, or uneven settling. Look for any repairs or renovations to the foundation and ensure they were done correctly.

Weatherproofing and Insulation

Older homes may have inadequate insulation, which can be a concern given Halifax’s cold winters. Check the condition of the insulation in the, attic, and basement. Look for drafts around windows and doors. Consider the type of windows installed and whether they provide sufficient insulation.

Roof Condition

Halifax experiences a mix of weather, including snow and rain, which can impact the longevity of a roof. Inspect the roof for missing or damaged shingles, signs of leaks, and the overall condition. Ask about the age of the roof and whether any recent repairs or replacements have been made.

Heating System and Energy Efficiency

Older homes may have outdated heating systems. Check the type of heating in the house and its efficiency. Consider whether the home has been retrofitted for energy efficiency, such as updated insulation, double-pane windows, and an energy-efficient heating system. This is crucial for comfort and cost savings, especially during the colder months.

Environmental Concerns

Halifax’s homes have been traditionally heated with oil which carries a risk of spilling. Ask if there have been any oil spills, tank leaks or buried tanks on the property.

Before finalizing a purchase, it’s strongly recommended to hire a qualified home inspector familiar with the local conditions and challenges. They can provide a detailed assessment of the property’s condition and identify any potential issues. Additionally, consult with local experts, such as real estate agents and contractors, to gain insights into the specific considerations of older homes in the Halifax area.

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How To Apply For Funding To Build a Secondary or Backyard Suite on Your Property

Image shows a small apartment or secondary suite equipped with a kitchen, island dining area and futon. There is a small bookshelf to the right and a hallway.

Incentive Program to Encourage More Affordable Housing

If you are looking to renovate or build a secondary suite to offer to a family member or to rent out, this program may be the right fit for you. Secondary and Backyard Suite Incentive Program is an initiative driven by the provincial government to partner with homeowners in Nova Scotia to build affordable housing. This pilot program aims to provide loans to eligible homeowners to help construct secondary suites, whether in the basement or detached from the primary residence that can be offered to others as affordable residence. 

The program’s goal is to assist Nova Scotians in addressing the housing crisis and empowering individuals to make a meaningful contribution.

Eligible homeowners can receive funding to cover up to 50% of the project cost, with a maximum limit of $25,000. If your application is successful, you will be granted a forgivable loan that extends over a period of up to 5 years. Depending on the municipality’s discretion, you may also be eligible to apply for funding for more than one secondary suite. 

There are certain prerequisites of the program and the homeowner must meet the criteria set by the government to be able to apply for this program, 

  • Be a Canadian citizen or have permanent resident status in Canada.
  • Own the property on which you are proposing to build the secondary suite.
  • Be willing to use the space to offer affordable housing to a family member or to non-family members.
  • Rent the secondary suite at a price that is 20% lower than the average market rent for the area.
  • Ensure that the secondary suite meets all applicable building codes and zoning regulations

The application process for the loan is completely free of charge, and straightforward. All you need to do is access the form on the Government’s website, provide the necessary supporting documents, and complete the checklist. After submitting your application, you can expect it to be reviewed within a reasonable timeframe of 3-4 weeks.

This presents an exceptional opportunity for individuals seeking financial support to construct a secondary or backyard suite on their property, providing an avenue to enhance housing options and take advantage of this valuable funding opportunity.

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How to Buy a Home in Halifax

If you are in the market to buy a home, here are a few top tips to help you make a smart and successful purchase:

Get Pre-Approved for a Mortgage

Before you start house hunting, get pre-approved for a mortgage. This will give you a better idea of how much you can afford and ensures you are viewing homes that are realistic for your situation.

Work With a Good Real Estate Agent

A good real estate agent can help you find homes that meet your criteria, negotiate with sellers, and guide you through the home buying process. Look for an agent with experience in your desired area and a track record of successful transactions.

Be Prepared to Move Quickly

In a competitive housing market, good homes can sell quickly. Be prepared to move quickly if you find a home you love. This may mean making an offer quickly, being flexible with your closing date, or even waiving some contingencies.

Do Your Due Diligence

Once you make an offer, do your due diligence. This may involve getting a home inspection, reviewing the seller’s disclosures, and researching the neighborhood. This will help you identify any issues that could affect your purchase decision.

Stay Within Your Budget

It can be tempting to stretch your budget to buy a dream home, but it’s important to stay within your means. Consider not only the cost of the home but also the ongoing costs of homeownership such as property taxes, insurance, and maintenance. It’s better to buy a home that you can comfortably afford than to be house-poor and stressed about finances.

For more home buying tips and advice  follow me on Instagram or Facebook @annepryde.realtor or send an email to arrange a personal call. I will answer your questions and help you get started.