Moving Up in Real Estate
Loving real estate is easy.
From sipping wine and watching Netflix, to opening Christmas presents with the kids; the comforts of home are recognized by us all.
The feeling you get when you get to sleep in your own bed after being away probably has more to do with being home than the bed itself. We find comfort in where we live. Let’s face it; “home sick” isn’t an exaggeration. From family traditions to making memories, home is where we create many of our special memories.
So why do I keep pushing goodness to the side and bringing up the investment part?
Everyone must think I’m a cold-hearted business man. I’m all heart, I can assure you, and as I write this article I think of all the special memories I’ve made in my own home. But, after investing in real estate for 24 years, I am very aware of not only my fondest memories for where I live, but the outstanding investment in the homes I’ve lived in. While I have been investing in real estate for all those years in the hopes of creating a balanced portfolio, I have also tried other forms of gaining a return on my money. There is no sugar coating it. Nothing comes close. When I factor in that my house is one of the few investments I can have that’s tax free, it’s a stratospheric difference.
I work with many different clients, and often clients selling at the retirement age…
It’s amazing how many people have the majority of their net worth tied up in their principle residence, which couldn’t be in a better spot. It’s a completely insulated tax shelter. But did they make the most of it? Did they live in a home just below what they really wanted so they could match their company RRSP investment program ?Maybe they always wanted a pool but never had one because the fear of being “mortgage poor”. Let’s face it, we all have financial restrictions for what we can and can’t afford.
However, I think we all know we probably waste a little too much money here and there that could likely make up the difference from going from one house to another. Not to mention over time your house value rises (always has), therefore you are creating a larger tax free return.
Think about this for a second:
Guelph has historically been a city you can count on for a return on investment in real estate. Yearly appreciation in home values have averaged at 7.23% a year over the last 10 years (see table below) in detached homes.
To make things easier and to use a whole number let’s just play with this scenario: using a 5% appreciation this year, the numbers below are the tax free income essentially being built into your equity in the home:
500,000- 25k
600,000- 30k
700,000- 35k
Going into a 700k home saves the owner 35k a year tax free. Let me ask you this; how many people can save 35k a year? Tax free?
It impossible. So many people are in such a hurry to pay down their mortgage because that is the true way to get wealthy and to not have debt, and in doing so they live below their comfort level for this goal, while in the meantime they limit the compounding properties of owning a better home, and getting more enjoyment out of the place they spend most of their time in.
A home doesn’t have to be big to be special, but you cannot ignore the importance of the investment.
Make smart decisions with your money, protect your family and make the most out of what you have, but look deep into the numbers.
Conclusion
Buying the house you want, may not be risky at all, in fact it may be the best investment you ever made.
Guelph is full of cozy cafés and vibrant coffee spots—but when the weather warms up, there's nothing better than taking your latte outdoors. Whether you’re setting up shop for a remote workday or meeting us to chat real estate, these local cafés offer the perfect mix of great coffee, welcoming atmosphere, and (yes!) patio seating. 1. Red Brick Café 📍 8 Douglas St Red Brick’s downtown patio is tucked just off the main street, making it a peaceful spot despite its central location. Grab a spot under the shade and enjoy a treat, the Red Brick Cafe offers specialty coffee, delicious food, craft beer and a warm atmosphere. 2. Planet Bean Coffee 📍 2 Wyndham St N, 740 York Rd, 333 Grange Rd Planet Bean is a Guelph classic—and each location has its own vibe. The downtown shop offers sidewalk seating right in the heart of the city, perfect for people-watching between emails. Meanwhile, the York and Grange locations both offer quieter patios surrounded by greenery. 3. Capistrano Bistro & Espresso Bar 📍 146 Wyndham St N Not only is the inside of Capistrano beautifully styled, but their patio is also one of the more elegant options in town. With umbrellas, bistro tables, and a quiet street feel, it's a great spot to enjoy your afternoon. 4. Balzac’s Coffee Roasters 📍 5 Gordon St, Guelph, ON A beautifully designed café right in the downtown. Balzac’s brings Toronto café vibes to Guelph. With high ceilings, big windows, and well-brewed classics, it has a charming outdoor seating area, perfect for enjoying your coffee al fresco during warmer months. The patio provides a pleasant setting for informal meetings or a peaceful work session amidst the downtown buzz. 5. Double Rainbow Café 📍 60 Ontario St, Guelph, ON Nestled in the heart of The Ward, Double Rainbow Café offers more than just exceptional coffee and tea. It's a space where art, community, and inclusivity converge. The café boasts a selection of specialty drinks, including lavender and cardamom lattes, alongside a variety of teas and baked goods. Coffee + Conversation = Our Kind of Combo Whether you're planning your next move or just looking for a cozy corner to get work done, these local cafés offer more than just caffeine—they’re community hubs, meeting places, and inspiring spaces to connect. Need a recommendation—or want to meet for a coffee and real estate chat? Reach out to the Hudson Smith Real Estate Group and let’s make it happen.
Rockwood, Ontario, is a hidden gem nestled in Wellington County, offering a harmonious blend of natural beauty, community spirit, and convenient amenities. Whether you're seeking a peaceful retreat or a vibrant community to call home, here are the top five reasons why Rockwood should be on your radar: 1. Natural Beauty at Rockwood Conservation Area At the heart of Rockwood lies the breathtaking Rockwood Conservation Area, renowned for its limestone cliffs, caves, and glacial potholes. This natural haven offers a plethora of outdoor activities, including hiking, canoeing, and camping, making it a paradise for nature enthusiasts. 2. Active Lifestyle Opportunities For those seeking an active lifestyle, Rockwood doesn't disappoint. The town offers various recreational activities, including hiking trails, canoeing on the Eramosa River, and exploring the unique geological features of the area. The Rockmosa Older Adults Centre provides access to drop-in activities, social events, and fitness programs, ensuring residents have ample opportunities to stay active and engaged. 3. Vibrant Local Amenities and Events Despite its small-town charm, Rockwood offers a variety of amenities. The Rockmosa Community Centre is a hub for recreational activities, featuring sports fields, a splash pad, and a library. The town also hosts events like the Rockwood Farmers' Market, fostering community engagement and supporting local businesses. 4. Convenient Location Despite its small-town charm, Rockwood offers easy access to larger urban centers. It's situated less than 40 minutes from Milton and Mississauga, making it a convenient location for commuters. Additionally, the town features nice restaurants, quaint stores, and delicious bakeries, providing residents with local amenities and dining options. 5. Rich History and Culture Rockwood's history dates back to the early 19th century, with the Eramosa River playing a central role in its development. The town's historical sites, such as the ruins of the Harris & Co. Rockwood Woolen Mill, offer a glimpse into its industrial past. This rich heritage adds depth and character to the community. Rockwood combines natural beauty, a strong sense of community, convenient location, rich history, and active lifestyle opportunities, making it an attractive destination for individuals and families alike. If you're looking for a place that offers both tranquility and engagement, Rockwood might just be the perfect fit for you. If you're thinking about making a move, our team would love to help you discover all that Rockwood has to offer. From market insights to private showings, we’re here to guide you every step of the way. Let’s find your next home — in a place that truly feels like one.
Spring is here, and with it comes blooming flowers, longer days—and the busiest season in real estate. If you're thinking about buying a home, now might be the perfect time to make your move. Here's why spring is such a hot time for home buyers and how you can navigate the season successfully. 🌼 Why Spring is Prime Time for House Hunting 1. More Inventory to Choose From As the weather warms up, so does the housing market. Sellers who’ve been waiting out the winter are now ready to list, meaning more homes hit the market in spring than any other season. That gives buyers more options—and a better shot at finding their dream home. 2. Perfect House-Hunting Weather Let’s be honest: no one wants to tour homes in freezing temps or icy roads. Spring’s mild weather makes weekend open houses and afternoon showings more enjoyable and easier to schedule. 3. Ideal Timing for Families For families with kids, buying in the spring allows time to close the deal, move, and get settled before the next school year starts. It’s a natural timeline that fits many lifestyles. 4. Homes Show Better There’s something about green lawns, blooming gardens, and sun-drenched windows that makes a home feel more inviting. Homes often look their best in spring, which helps buyers visualize living there. 🌿 Tips for Buying in a Competitive Spring Market 1. Get Pre-Approved First Spring means more buyers, and that means competition. Getting pre-approved for a mortgage shows sellers you're serious and gives you a leg up in multiple-offer situations. 2. Act Fast (But Smart) Desirable homes can go under contract in days—or even hours—in spring. If you see something you love, be ready to act. But don’t skip inspections or rush decisions. Fast doesn't mean careless. 3. Work with a Local Agent A good real estate agent will help you navigate bidding wars, spot red flags, and find homes that might not even be on the market yet. Local knowledge is gold in a busy season. 4. Know Your Must-Haves vs. Nice-to-Haves Spring can be overwhelming with so many options. Make a list of what you need in a home versus what you want. That helps you stay focused and avoid decision fatigue. 🌸 Final Thoughts Buying a house in the spring has its challenges, but it also offers big opportunities. If you’re prepared, flexible, and working with the right team, you can take advantage of the season’s energy and find a place you’ll love to call home. Whether you're a first-time buyer or looking to upgrade, spring is your season to bloom in a new space. 🌷
