Edmonton Real Estate Market RSS Feed

January 4, 2017

The REALTORS Association of Edmonton released its annual housing forecast.  The report indicates that single family homes performed well in 2016, with a slight drop in unit sales and average prices. Unit sales are predicted to continue to decline until the middle of 2017, ending  the year approximately 1.7% under 2016 numbers. Single family Edmonton homes prices are expected to decrease by 2.2%. Inventory is expected to remain higher then in previous years. Continued strength in the $350,000 to $450,000 single family home prices category is expected.

Chair of REALTORS Association James Mabey said ,, Edmonton  had a positive 2016 despite ongoing economic uncertainty. Buyers are continuing to remain cautious, and sellers are having to…

News for Alberta new homes,

*more efficient

*more environment friendly

*will cost more to build

Please, check the link below for more information

http://globalnews.ca/news/3024154/alberta-government-to-announce-building-and-safety-code-changes/

Avenue magazine conducts a survey every year to determine which neighbourhoods people think are the best.

1. Strathona

2. Glenora

3.Richie

4.Westmount

5.Oliver

6.Garneau

7.Highlands

8. Downtown

9.Bonnie Doon

10. Crestwood

Is your neighbourhood on this list?

If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for you.

Pricing a home for sale is very important specially in Buyer's market. * Fair market value attracts buyers, overpricing never does. * The first two weeks of marketing are crucial. Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by wide range of reasons but two main once are LOCATION and CONDITION. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which temps them to put a higher price on the home, believing they can always come down later, but that's a serious mistake. 

Let me help you sell your home FAST: make your home more valuable and sell faster PT 1 of 2

My clients often ask me what they can do to help ensure their home sells faster here are some tips and tricks I often tell them!

De-cluttering is KEY

• Get rid of all the excess stuff that has accumulated over the years- believe me, it’s a nice refresher
• Buyers need to be able to see what the property would look like if they were living there.
• Show buyers the attractive side of your lifestyle (It will help them want your home that much more)
• Removing bulky furniture that makes the room feel smaller and replace it with plants- it will add lightness and a modern touch to any room.

Fresh Paint

• Give the walls a fresh coat of paint;…

Hello Readers,

My clients often ask me what I think they should do- upsize? Downsize? Rent? Here are some deciding factors I often resort to when helping them decide!

Why Upsize?

Family: A growing family often requires more living space as kids get older, which makes for a perfect excuse to upsize your home.

Investing: Buying a larger home will often bring you a greater return for your money.

Finally found that Dream Home: Your dream home most likely has some luxurious qualities that often comes with a bigger home. Once you are ready or you come into some money or finally receive that long overdue job promotion, having your fabulous home may rate very highly on your list!

Why Downsize?

Travel: If you travel a lot, especially for work,…

Good Afternoon Readers,

 I apologize for being MIA this past little bit, I just got back from a retreat in Nicaragua,but I am back and ready to tell you everything you need to know about Real Estate, Edmonton and everything in between! 

We all know the Walterdale Bridge, it has been a part our beautiful city for well over a hundred years.  With all the changes Edmonton has experienced in the past couple years it is exciting to know that in the coming months we will be seeing the Walterdale Bridge replaced by a new bridge that will span the North Saskatchewan River to connect the intersection of Queen Elizabeth Road and Walterdale Hill.

“It is a historic moment for Edmonton because the Walterdale Bridge signature arches will be lifted, again, 20…

Hi Readers,

Sorry it’s been so long, I’ve been very busy. With spring here I am ready to blog more and share with you all I know about Real Estate to make finding or selling your home that much easier. Here are some things most Realtor’s won’t share.

1) The scent of your home MATTERS - it actually matters A LOT! People often remember the little things about a house when viewing it, whether it be the neighbours, the smell and everything in between. 

2) Don't jump to conclusion- if you get a call saying that buyers want to see your house in 20 minutes, let them in- even if you weren't expecting visitors. Often times those spontaneous buyers will make impulsive decisions.

 3) The final walk through is IMPORTANT-you want to ensure that the owners…

As of April5/2016 we have 9197 properties for sale according to Realtors Association of Edmonton,

News were released,

Spring sales begin to pick up as prices hold study, 1364 properties were sold in Edmonton Census Metropolitan Area in March, up nearly 63% from 837 homes sold last month, but down 6.13% from the 1453 relative to March2015. There were 863 single family detached homes sold in the Edmonton CMA, a 67% increase month-over-month, and down only 1.5% from the same time last year. March saw the sale of 335 condos and 144 duplex/rowhouses, up 44% and 82% from February, respectively as of Realtors Association of Edmonton.

Inventory is growing, with more then 3000 properties coming onto the market last month, The average all residential…