Leanne Drolet

Royal LePage Sterling Realty

Office 604-421-1010

Cell 778-840-7211

Email: Leanne@realtygal.ca

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 Have you ever considered renting out a room to a student or renovating your basement into a self-contained rental apartment? It’s a big decision that many people ask about!


There are many pros and cons to consider. On the pro side, renting can provide you with additional income. An extra few hundred dollars a month can go a long way towards paying down your mortgage or splurging on an exotic summer vacation. Creating rentable living space in your home — for example, an “in-law suite” featuring a kitchenette and bathroom — may also increase your property’s market value.


On the con side, you’ll have more costs and responsibilities as a landlord. For example, you might need to purchase extra insurance because basic home insurance policies typically do not cover rental units, even if you’re just renting out a room. You’ll also be responsible for dealing with repairs sometimes in the middle of the night. Also, if you’re not careful about the renter you choose, you might end up with a “problem tenant”. For example, you could have a tenant who is consistently late on rent payments or simply stops paying. That can be stressful.


If you’re deciding whether or not to rent, be sure to check local laws and regulations. Many jurisdictions have very strict rules regarding renting out space in a residential property, and those rules change frequently.  Make sure you get the latest information and way all the pros and cons!



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Your neighbourhood has a lot of features that can help sell your home faster!  Unfortunately, buyers don’t usually notice those features just by driving around. So, you need to make sure they get all the information they need about your neighbourhood and that's where I come in!


For example, say homes don’t go on the market often in your area. That’s an indication that the quality of life in the neighbourhood is so good that no one wants to leave! In real estate we measure the area’s “turnover rate”, and it’s handy data to have when listing your home. Demographic data can also be helpful when selling your property. If your neighbourhood has a lot of families, for example, that’s going to be appealing to buyers with kids. Even local development plans can play a role in making your home more attractive to buyers. If a new ramp to a major highway is in the works nearby, getting to work is going to be easier. That could be a big benefit to commuters.


Other types of data that can help sell your home include: • Planned local construction.

• Proposals for neighbourhood improvements. (For example, a new playground.)

• Rates at which local property values are increasing.


Any information that shows the advantages of living in your area is going to be useful when selling. By the way, this is the kind of information I put together to provide to prospective buyers when selling your home. If you have any questions, please feel free to contact me!

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I have sold a property at 25 WILDWOOD DR in Port Moody.
Amazing view from this entertainers dream home! This beautiful home has been impeccably maintained with many appealing updates. Brand new kitchen with all new stainless steel appliances, gorgeous granite and tile backsplash with adjacent eating area & family room overlooking the awesome south views. Formal living & dining room with coffered ceilings, skylights & beautiful etched glass throughout the home. Huge master bedroom on main floor with 5 piece ensuite & walk in closet. On top of this is a wet bar down with updated hardwood flooring, and huge recreation room in the walk out basement. One more bedroom down, plus a beautiful updated 4 piece bath, large storage area and crawl space. Finest of finishings here and all in a fantastic neighbourhood, close to schools-Heritage Mountain Elementary, Eagle Mountain Middle & Heritage Woods High and transportation, recreation center, hiking trails & shopping. What are you waiting for?
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