Despite of Rate Worries, Low Inventory Causes Increase in Average Sale Prices
 
Everyone is talking about it:

1) interest rates are up[when will they go down]
2) total sales are down- came to 1812 decreasing from September 2023 by 12%, but showing an increase of 21% over October 2022
3) Total residential average prices came on at $396,550, a 0.6% increase from September 2023, and a 0.7% decrease from October 2022 

But, don't believe everything you hear. The sky isn't falling [ Homes are still selling, I was in multiple offer situation with 8 competing offers]. here is what is actually happening in the Edmonton real estate market.

Sellers who [ price right / stage right / are flexible with viewings ] are still selling.

Buyers have time to [ do inspections,…

A Perfect mortgage HELPER! A secondary, separate suite will lower a mortgage payment.

A PERFECT MORTGAGE HELPER! EXQUISITELY FINISHED, NEW 2-STORY HOME WITH SECONDARY BASEMENT SUITE, and Complete landscaping . The craftsmanship & quality are the features of this home. A main floor have an open floor plan with a living room, kitchen with a dining area, large triple-glazed windows, 9ft ceiling, a LUXURY VINYL PLANK flooring, quartz countertops throughout, soft closing cabinets & drawers, S/S appliances, plus a barn door. The wide staircase with the metal spindles leads to the upper floor, with a laundry, a main bathroom, a primary bedroom with vaulted ceiling & 4pce ensuite, walk-in closet plus 2 other bedrooms. The basement offers a self-contained 1…

You have to visit this home if you are on the market to buy a house. Everything is new here, on the outside and inside, plus new landscaping with a custom-designed gazebo, new A/C, front and back fence and a BRAND NEW double detached garage. Inside you will find an open-concept floor plan, pot lights, and a new stylish kitchen with a built-in pantry. Check out the iguide and call/text 780 919 0201 me to book a private viewing of this property. E4323486 8010 161 Street

5 steps that will increase your

 ROI's ( Return on Investment)

1. Build or convert one room into the office
2. Finish your basement
3. Open up your floor plan
4. Touch up your paint and make sure they are neutral colour
5. Replace your fixtures in the kitchen and the bathrooms

This completely renovated and re-designed 3 bedroom bungalow with a LEGAL SUITE has everything new starting from the siding, on the house and the garage concrete sidewalk, all new windows fence. The inside of the property is completely redone. I Main floor suite offers 3 bedrooms, 1.5 bathrooms, beautiful open concept floor plan, quartz countertops, s/s appliances, beautiful modern bathrooms. Downstairs a LEGAL suite features 2 large bedrooms, white European kitchen cabinets, s/s appliance. Property is situated on a huge lot. Super location just 3 blocks from Northgate Transit Centre, shopping, schools. For more information regarding this property please call/text 780 919 0201. or info@look4edmontonhomes.com.

Christina Bieniek

RE/Max Real Estate

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• As a renter, you have the luxury of choosing a place that meets your needs at the moment. Buying a home is a much bigger commitment, both in terms of finances and the length of time you’ll likely live there. When seeking out your first place – whether a house or condominium or anything in between – it’s important to do your homework.

Here are 5 things to consider as you begin the process of purchasing your first place.

1. The growth possibilities. Shop for a place that meets your current spaces needs, but also consider one that can adjust to a changing household. A five-year plan may not pan out as you expect, so think about possible life changes that could impact your need for bedrooms, bathrooms and square footage.

2. What’s…

July is a vacation month and many of us a taking time off to relax and get more energy for the next 6 month. Edmonton offers lots of summer attractions Festivals and Events.

Churchill Square it’s more than Square:

Mondays

Zumba on the Square 12-1 pm Latin music fills the square for free Zumba it’s hosted by Edmonton Fitness Party .

Tuesdays

Zoodays 12-1 Churchill Square goes wild, with animal visits from Edmonton Valley Zoo

Wednesdays

The Churchill Circuit 12-1 –cardio and resistance training it’s free and fun.

Thursdays

Food truck and music, 12-1 pm – grab a bite from Edmonton’s most popular food trucks

Thursdays night open cyphers, 5-9 pm –DJ Creeasian, Edmonton’s guru of positive inclusive hip hop culture hosts this…