Prime Edmonton Real Estate - When you're buying a home, the last thing you want is for something to go wrong. By preparing ahead of time, you can avoid any potential mishaps and make the process as smooth as possible. Here are nine ways to get ready for a home purchase:

1. Get pre-approved for a mortgage

This is probably the most important step, as it shows that you're serious about buying a home and that you have the financial backing to do so. When preparing to buy a home, it is important to get pre-approved for a mortgage. This will ensure that you are able to buy the home you want and that you have secured the financing you need. Getting pre-approved also allows you to know what price range you should be looking at, so you don't waste your time…

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Prime Edmonton Real Estate - Some believe that inflation and the real estate market are inextricably linked. When inflation rises, home prices usually go up as well. Conversely, when inflation falls, home prices usually fall as well. This simple relationship has a huge impact on the economy as a whole. Others believe that inflation has the opposite effect - raising interest rates and lowering buying power.

So, which one is it? And how much of a difference will this current high inflation make in Edmonton home prices?

An Inflation Backgrounder

Inflation is a general increase in prices and fall in the purchasing value of money. It occurs when there is too much money chasing too few goods. Inflation can be caused by many factors, including: an…

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Prime Edmonton Real Estate - Edmonton Summerside is widely regarded as one of the top neighborhoods in South East Edmonton. The community of Summerside is a tight-knit community that is welcoming to everyone. There is a strong sense of community spirit in Summerside, and residents are always willing to help out their neighbours. Summerside is a great place to raise a family, as there are plenty of opportunities for kids to get involved in sports and other activities. There are also plenty of parks and playgrounds for families to enjoy.

Summerside is home to an impressive community hub - which is comprised of a Beach Club and man made lake that hosts dozens of different activities, clubs, and get togethers every month. This is supported by an Homeowners…

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Prime Edmonton Real Estate - Home energy efficiency has changed a lot over the last 50 years. In the early days, people would just use whatever they had to try and make their home more energy efficient. For example, they would line their windows with newspapers in the winter to keep the heat in.

Back in the day, people would do all sorts of crazy things to save money on their energy bills. Some would stuff old rags in the cracks of their doors, while others would hang sheets in front of their windows to keep the cold air out. And still others would huddle around the fireplace all day long, trying to stay warm. Thankfully, there are now much more efficient ways to save energy and money in your home.

Nowadays, there are a lot more options for home…

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Prime Edmonton Real Estate - In 2022, more than ever people are realizing that their backyard is a valuable space that can be used for a variety of purposes, from offices to she sheds to home gyms. By utilizing your backyard space, you can get work done or exercise without having to leave home. Additionally, by using your backyard, you can save money on office rent, entertaining costs, or membership fees.

Traditional Uses of Backyards

Backyards are traditionally used for activities such as grilling out, entertaining guests, and simply enjoying the outdoors. Many Edmonton homeowners take advantage of their backyard by installing a deck or patio to make the most of the space. Having a backyard can also be great for kids, as it provides a safe place…

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Prime Edmonton Real Estate - When it comes to buying a home, there are a few different ways to go about it. You can buy a home through a traditional real estate transaction, where you work with a real estate agent to find a home that meets your needs and then make an offer to the seller. Alternatively, you could buy a home at auction.

Auction style home sales are becoming increasingly popular in Canada, especially in the Greater Toronto Area (GTA). In the past few years, there have been a number of high-profile auction sales, including one for a home that sold for $3.6 million.

While auction style home sales are not yet common in Edmonton, they may become more so in the future as the city's housing market continues to heat up. If you're thinking of…

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Prime Edmonton Real Estate - When it comes to buying an Edmonton home, there are a lot of factors to consider. One of the most important decisions you’ll make is whether to buy a single family home or a condo. Here are some things to think about:

 

- Location: If you’re looking for a particular neighbourhood or school district, you may have more luck finding a single family home. Condos are often located in specific areas or buildings, so your options may be more limited.

- Maintenance: Single family homes require more maintenance than condos. You’ll be responsible for things like lawn care, snow removal, and repairs. With a condo, the monthly fees cover most of the maintenance and repair costs.

- Privacy: If you value privacy and quiet, a…

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Prime Edmonton Real Estate - The weather is finally starting to warm up, and with the warmer weather comes the joys of spring. There are so many things to do in Edmonton in the springtime, from taking walks in the park to enjoying a patio brunch on a sunny day. The city comes alive with festivals, concerts, and other events, and there's always something new to explore. If you're looking for a change of scenery, Edmonton's surrounding areas have plenty of charm too. Whether you're a local or just visiting, Edmonton in the spring is definitely worth experiencing!

In the spring, it's important to do some routine maintenance on your home. This includes cleaning your gutters and downspouts, inspecting your roof for damage, checking your windows and doors…

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Prime Edmonton Real Estate - Moving is one of the most stressful things a person can do. It's up there with death and divorce. In fact, it's been said that moving is so stressful, it's like getting married twice - once when you move and again when you unpack.

While that may be an exaggeration, it's no secret that moving can be a pretty traumatic experience. You're uprooting your life, leaving all your familiar surroundings behind, and starting over in an unknown place. Not to mention the hassle of packing and unpacking everything you own.

But despite all the stress involved, moving can also be a very exciting time. It's a chance to start fresh, reinvent yourself, and explore new possibilities. So if you're about to embark on this adventure, here are…

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Prime Edmonton Real Estate - Empty nesting can be a great time to downsize your home. You may have more space than you need now that your children are grown and gone. And with less square footage to clean and maintain, you can spend more time doing the things you love. But downsizing can be daunting, especially if you’ve been in your home for a long time. How do you know what to keep and what to get rid of? What if you make a mistake?

The golden years of life and home ownership are often considered to be the years in which you are retired, have a lot of free time, and have paid off your mortgage. During these years, you can relax and enjoy your home without having to worry about monthly payments or repairs. In Edmonton, homeowners can enjoy their…

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