With boxing week amongst us and the New Year around the corner we start to plan for 2014 ; make goals , resolutions and solutions. Perhaps in the new year you are looking to purchase a home and with that goal comes a handful of questions that need to be answered. Having a clear budget set is key and will help narrow down your choices, other questions you may want to ask yourself are;
Is location Important to you? Do you have a neighbourhood in mind? Is their a specific lay out you are looking for? do you care if there have been previous owners in the home? do you want your home to have character or practicality ? do you care how big your back yard is?
All these questions need to be in the back of your mind when you decide on whether you will be buying a new…
Edmonton has a lot to look forward to. The next couple of years will usher in the completion of the Metro Line portion of the Light Rail Transit (LRT) system from downtown to NAIT, and construction will commence on the Valley Line from Millwoods to West Edmonton Mall. Scaffolding will go up in the city centre for the new provincial museum and a modern sports arena and traffic pylons will disappear from the Anthony Henday ring road as it finally closes its circle. With the recent shutdown of the City Centre Airport Eliminating the height restrictions that were imposed on Edmonton's skyline, a frenzy of new skyscrapers are being proposed, each designed taller than the last. Similarly, the residential sector has managed to keep up with this development,
Real estate, in the United States and Canada, has taken a hit in the last decade. In fact, the Great Recession was led by the sinking of the housing market in both countries. However, there were pockets of profit which began to emerge in this industry, even while most other segments were fledging under water. Edmonton, Alberta is one such location, and there are several key things to look for when looking for investment in this area.
Look For Green Properties:
Estimates suggest that Edmonton has a higher rate of return on real estate than other areas of Canada, and real estate is profitable, because the cost of living is not as extreme as it is in other areas of the country. Many renters and home buyers are looking for “green living”
After following up with the experience of many first-home buyers. Here is a list of some mistakes to avoid:
1. Not Hiring a Professional
A huge decision such as buying a dream house is best done with the help of a professional who can find you a prize property and negotiate the best bang for your buck. Some of the best Edmonton real estate brokers and agents can be found by the internet or talking to your friends and family.
2. Love at First Sight
When people choose a house to buy, they use their emotions at times. They find something about the house that they like, A fireplace, kitchen ect… They then that be the main deciding factor and all other features of the house disappear into oblivion. Aside from the fact that you may be overlooking