February 2015

There are 9 blog entries for February 2015.

Prime Edmonton Real Estate - When you start telling your friends, family, and work colleagues that you are buying a home, it seems that they all have an opinion or a story to tell you about what to do, what not to do, or what areas to avoid. How do you take into account their experience when home shopping - or should you at all?

I have actually heard some interesting tips over the years. Most of them I have thrown away, or ran away from immediately, but others ended up sage pieces of advice. The best anecdotal story I have heard from a home buyer was that their grandma told them about a  time  that a friend bought a place they thought was 'cheap' in a good area. After they purchased, they realized that the whole block had home mechanics living there,

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Prime Edmonton Real Estate - Just like a first date - the first impressions of an in person home viewing can make a lasting impressions on how you like or don't like a property. There are a few very important things to look for when entering a home that will help guide you to a decision whether it is the home for you!

It is important to be pragmatic, so look for basic 'deal breakers' as soon as you walk in. These could include some of the following:

  • dank and/or bad smells
  • staining on ceiling (caused by water staining)
  • cracks in near windows
  • foundation excessive cracking
  • other non-cosmetic damage that would be a great cost to remedy
  • exposed plumbing/electrical
  • safety hazards

When homes have multiple floors, I always

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The community of Terwillegar in SW Edmonton comprises of both Terwillegar Towne and South Terwillegar. It is located North of the Anthony Henday up to 23 Avenue and from Terwillegar Drive to Rabbit Hill Road. There are excellent transportation options by both car and bus, as the Leger bus station is on the North edge of the community.There is also fantastic access to schools, recreation centres, parks, shopping, and more. The age of the homes in this area range from the mid 1990's to new builds.

There were 6 single level apartments, 2 half duplexes, and 2 townhouse style properties sold in Summerside over the past 60 days through Edmonton MLS listings. The specific sales are as follows:

There are currently 81 home listings in Edmonton

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Edmonton New Home Construction

Have you noticed the increase of new home builder continuing their building work in Edmonton's brisk winter weather? It is something that I have noticed happening a lot more frequently over the past few years. First of all, I shiver at the idea of working outside in the cold all day long. In my college days one of the jobs I had to get by was shoveling snow from commercial properties at 4AM after a snowfall. A winter new home build near my home got me to thinking about how building in cold temperatures affects the end product, if it does at all.

Traditionally, home building in Edmonton has been a 3 season job. Once December hits, it becomes a lot tougher to pour foundations and so much of the work that happens after the concrete pours, like framing,

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Prime Edmonton Real Estate: Often when we read an advertisement it is important to 'read between the lines' to understand what is really being offered by an advertiser, and real estate listings are no different!

It should be noted right away that there are strict rules that govern what can and can't be said on a home listing description. It must be truthful, and cannot be intended to intentionally mislead or misrepresent the actual features of the home for sale.

Here are 5 ways to help you when reading a real estate listing:

  • Short Descriptions - When I was a child, my mother used to always tell me "If you have nothing nice to say, don't say anything at all". This Golden Rule also applies to real estate. If there is not a lot of a description
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The Southeast community of Summerside borders on the South side of Ellerslie Road between 66 Street and 91 Street. It is one of Edmonton's new up and coming communities, combining quality homes of various styles and sizes with community amenities such as swimmable and fishable lakes, fitness facilities, and community parks throughout the area. These unique features do result in a HOA (Home Owners Association) fee that is required as an owner in the area. Everything is nearby - the Anthony Henday, shopping restaurants, and more!

There were 6 single family homes, 2 half duplexes, and 2 townhouse style properties sold in Summerside over the past 60 days through Edmonton MLS listings. The specific sales are as follows:

There are currently 57 home listings

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Statistics are a tool, and like all other tools, they can be used to help or inadvertently hurt you, especially in high profile purchases like in Edmonton's real estate market. As I discussed in a previous blog, I encourage  my clients to use statistics to better get a feel for the price average in a community, to learn more about a community if they are from out of town, or as a tool in negotiating the price of a home. I also caution my clients in using statistics 'the wrong way'.

Here is a list of some of the ways that  I have seen home buyers use real estate statistics to receive negative results:

  • Using single sales instead of averages: Whenever possible, I try to present a buyer with the last 10 sales within a neighborhood or zone that are
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Homes sales in Edmonton's neighbor to the south that is lovingly known as L.A. - Leduc, Alberta - continues to grow as the city continues to expand. The city of Leduc is most well known for its proximity to the Edmonton Internationsal Airport and the Leduc #1 oil well, which started the oil boom in the province of Alberta. However, it is also quickly becoming a go to destination for young couples and families because of a unique combination of small town charm and big city amenities. It is also still very affordable as well compared to other cities that surround Edmonton.

There have been 26 sales overall in Leduc in the last 30 days -  1 single level apartment, 4 townhouses, 5 half duplexes and 16 single family homes. The specific sales information

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Every time I log on to the internet, I see some form of real estate statistics fill my news feed. Articles from the US, Toronto, Vancouver, and of course, lots and lots of Edmonton real estate statistics! As a home buyer, and especially a first time home buyer, it is important to know where these numbers come from and how they can benefit your home buying experience.

Real Estate Statistics & MLS Listings Information

The Realtors Association of Edmonton (RAE) are responsible for the collection and reporting of all real estate listings and sales in the Edmonton area that are placed through the MLS (Multi Listing Service) system. The MLS system has been historically the go to system that has been used for decades throughout Canada. All Edmonton

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