Tagged : Edmonton Real Estate RSS Feed

Found 21 blog entries tagged as "Edmonton Real Estate".

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…

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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. 
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Buying in the Winter   Sorry I haven't been writing as much I've been so busy with the holiday craze amongst other things, but I am back! This cold we've been experiencing got me thinking about buying and selling in the winter. Although buying in the winter may seem like a hassle ; the cold , the rush of the holidays, the slush.. makes you want to cuddle under the fire place with a hot cup of cocoa rather than look for a new place. What I'm about to share with you may change your mind.  As Realtors we cannot predict future housing prices, interest rates or the economy etc etc we can only make an educated guess. It is a proven fact that most people don't move in the winter season; which means a buyer that is wanting to purchase a home in the months…
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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…
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New VS Used

It's a question I'm asked on a weekly basis by my clients " should we buy a new home or is it better to buy an older home " & I often find myself on both sides of the spectrum. There are many benefits of buying a new house but there are also benefits to buying an older house as well; it really all depends on what you want out of the home. Is it the location that you desire most or do you want everything in your home to be new and just how you wanted it. 

Customizing home to ones needs:

 Homebuilders will often let buyers help design the property; it helps create a living space that is tailored to their tastes.

 Less repairs:

 Features of new homes hold up better than those of older homes, which may have years of wear and tear

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