Prime Edmonton Real Estate Blog

Edmonton Beverly Heights Home For Sale

Prime Edmonton Real Estate - One of my latest Edmonton homes for sale at 4625 - 117 Ave comes with a legal basement suite - which is something that is becoming a much more popular choice for many home owners. Why? Because it is a great mortgage helper.

Let's do the math - A mortgage on a home like this is usually about $2000/month including mortgage principal, interest, and taxes. This basement suite was last rented for $1200/month - leaving home owners with only a $800 mortgage payment each month for an upgraded 3 bedroom home with a yard and a double garage. The really cool thing that I like about this property is that not only is there a double garage for the home owner, but a single garage as well for the tenant and/or for someone to rent out. This

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Newton Home For Sale


Prime Edmonton Real Estate - I am very happy to tell you about one of my latest listings in Newton, located at 5616 - 124A Avenue in Northeast Edmonton. Although the highlight sheet already has a good description of the home, I thought I would give you as a home buyer a better sense as to what I like about it. This home has a very open, sunny vibe to it - thanks to the large windows, natural light, and vaulted ceilings at the entrance and in the front living room/dining room. The kitchen area opens up to another living room complete with fireplace - and windows line across the wall to continue that open feel. The area is perfect for keeping an eye on the kids playing while you cook! The main floor also has a den which is great for getting some

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Prime Edmonton Real Estate - As the weather warms, more people make the big decision to buy and or sell their home and make a change. There are plenty of good reasons to move during this time of year. It is an easier physical move in the warmer climates, there is an easier transition for schooling if you have kids in school, and there are opportunities to transition easier during a traditional vacation season. Things are even more busy if you are buying in areas like Edmonton Highlands or an Ice District condo.

Here are 3 quick things to keep in mind when you are going to move during the busy season:

  1. Be prepared - Have all of your documents prepared before you start the listing or buying process. For buyers that means being preapproved,
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January Homes Sales Edmonton

Prime Edmonton Real Estate - The Realtors Association of Edmonton recently released the real estate sales statistics for the Edmonton area for the month of January, and as always there is some very interesting data to be found. Here's the down and dirty facts:

OVERALL RESIDENTIAL SALES: Listings down (-6%), Sales up (+12.75%), avg. sale price up (+7.6%)

SINGLE FAMILY HOMES: Listings down (-13.8%), Sales up (+11.8%), avg. sale price up (+1.75%)

CONDO SALES: Listings up (+4.3%), Sales down (-11.5%), avg. sales price up(+8.24%)

DUPLEX/ROWHOUSE SALES: Listings down (-9.6%), Sales up(+21.6%), avg. sale price up (+10%)

So what does this all mean?

One thing for sure is that the market continues to change at a very rapid pace. There have…
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Edmonton Home Renovations

Prime Edmonton Real Estate - This past weekend I visited the Edmonton Home Renovation Show at the Northlands Expo Center. I'm not sure if you've ever gone, but it is 2 of the main halls of the Expo Center filled with everything to do with home improvement (and a few things that have nothing to do with it at all). Tickets are fairly inexpensive, and I was happy to also give away a pair on my Twitter page Saturday morning to a lucky follower.

What can you expect at a show like this? There are three main areas for people to come and learn more about: 1) Contractors who have new products or services that are cutting edge(for example - new styles of siding product, home security systems, or home maintenance products), 2) A place where manufacturers of

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Edmonton Home Mortgage

Prime Edmonton Real Estate - This week's sudden change in residential home purchase financing regulations have not been well received by the real estate industry or home buyers. The Government of Canada has chosen to set a rate for all mortgages with less than 20% down to a level that is much higher than the current competitive rate, and has only given Realtors, home buyers, and mortgage brokers a few weeks to adjust to the new rules. Given this sudden unexpected change in banking rules gives another good example of what is most important as a home seller or buyer.

The Bank of Canada has announced that they will be increasing all CMHC mortgages, or those that have less than a 20% down payment, from the current competitive rate of 2.35 to over 4.5%

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Edmonton Real Estate

Prime Edmonton Real Estate – Making sure that you have a good clean slate to renovate your home on is vital to maximizing efficiency. It’s a fine balance – a home renovator must make sure that they are stripping away enough of the old without wasting components that could have stayed, wasting time, energy, and money to replace. In our latest renovation project we faced the exact situation – and had some unexpected surprises in doings so.

For our project, we thought that it was pretty straight forward – strip everything. A lot of this decision had to do with the fact that we had asbestos throughout the home – it was the insulation in the attic, the glue AND the flooring in a lot of locations in the home, and throughout a lot of the ductwork in the

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Home Recycling
Prime Edmonton Real Estate - The home renovation process was very fun - but is also a series of very serious decisions that can make or lose home owners thousands of dollars. This is especially true when renovating an old home with issues such as asbestos. Our home demo and reno last year had such a series of decisions, where we tried to save some things and demo or junk other things. I was surprised what was reused, and a little disappointed about what we couldn't save.

There were quite a few things that we knew were going to be kept and sold to antiques dealers to use in other homes. Some of these things included the antique doors, glass doorknobs and hardware. We also had a very cool looking bar that was made locally here in Edmonton in the 1950's

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Prime Edmonton Real Estate - The demolition part of any home renovation is always interesting - and our latest was no exception. As usual, we had a lot of people who were willing to come and help out (for a few hours at a time, anyways) as well as a lot of neighbors who wanted to snoop around while we were trying to get work done.

We always put the call out to family and friends who have time, energy, and possibly anger issues, to come and helping us break walls and move stuff out. It is a fascinating thing to watch different people go through demo in various ways. Some will just swing, stomp, and kick and worry about cleanup afterwards, and some want to hand remove each light switch cover and baseboard separately in neat and organized manner. I

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Prime Edmonton Real Estate - the exterior of most homes are now considered low maintenance. Gone are the days of having to paint or stain the wood siding every 2 or 3 years now that stucco and vinyl siding are the predominant forms of cladding. However, low maintenance does not mean no maintenance, and it is very common to see these low maintenance exteriors looking, well, quite shabby.

So what are some things you can do to spruce up and update your home's exterior without breaking the bank? Here are 5 great ideas for you to consider:

  1. Wash the Age Away - It never ceases to amaze me what a simply wash of a home's exterior can do to make it look better. A pressure washer (which can be rented at a very affordable rate,) and exterior cleaner can be
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