April.1st 2015
Active: 371
Sold: 139
Average List Price: $389,512...
Average Sale Price: $381,276
Average Days on Market: 34 Days
Sellers are getting 97% of asking price, 37% of homes on the market today are expected to sell within the next 30 days. The absorption rate it at 2.66% meaning we are currently in a balanced market.
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Usually when you list your home, you would prefer to sell it quickly. It’s like being the first one served at a crowded ice cream parlour. It’s satisfying. However, sometimes there’s more to it than that. There may be a truly urgent reason why you need to find a buyer for your property as soon as possible, such as a sudden job relocation. If that’s the case, it’s important to explain your situation to your REALTOR®, who will be able to put together an action plan for selling your home quickly and for the best price possible. During that conversation, ask what you can do to help the process along. For example, you may be able to:
• Spread the word to your friends and other connections on Facebook.
• Canvass your neighbours and tell them about your…
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If you’re thinking of shopping for a new home, one of the first considerations is price range. You want to know what you can reasonably afford.
How do you figure that out?
First of all, you need to determine the initial out-of-pocket costs you will need to cover. There are often more costs associated with purchasing a home than its actual price. You need to take into account such additional expenses as moving costs, legal fees, and a home inspection, not to mention the costs of prepping your current property for sale.
Experts say you should budget 5-10% above the purchase price for these items. So if you can afford to spend $470K on a new home, you should be shopping in the $425 - $445K range.
Another factor to consider is the potential…
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I just finished uploading this Other for sale, 1434 53222 range 272 Road, Rural Parkland County, Alberta
Cozy home tucked away in a quiet cul de sac on a pie shaped lot, backing onto a dry pond. Enjoy your day in the large backyard that features a large deck and a vinyl sided shed. The home features vaulted ceilings in the living room and kitchen. The master bedroom has a 3 piece ensuite with 5' tiled shower. Master bedroom easily accommodates a king size bed. The laundry room is very large with cupboards above the washer and dryer. The kitchen finished with oak cabinets. Parkland Village is an established community with a K-6 elementary school, fire hall, rental hall, general store, gas station, parks, soccer field, baseball diamond, central pond with…
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I just finished uploading this House for sale, 11316 166 Avenue, Edmonton, Alberta
Pride of Ownership...One step into this property and you will feel at home, it is so well taken care of by current owners. Main floor is huge! With a living room, family room, formal dining room, huge open concept kitchen and newly renovated bathrooms. Master bedroom is very large with lots of closet space, ensuite bath with Jacuzzi and more. Lots of parking space with a finished oversized garage and an extra wide parking pad for all of your toys. Backyard is a dream with a large deck and big backyard with fire pit. Hardwood floors and ceramic tile on main floor, custom wood burning fireplace with a gas lighting feature are just a few of the extras this home has to…
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Sometimes we don't have much choice about selling our home and buying another. Circumstances, such as a job relocation, may have made that choice for us. However, most often the decision to move is discretionary. Sometimes people move simply because they think it's a good idea. They feel that "now" is the right time to find their next dream home. So how do you make that kind of decision? There are, of course, many reasons to make a discretionary move. Usually, those reasons fall into one of two categories: need and want. You may need to find a new home, for example, because you've outgrown your current property. Perhaps you have a growing family and require more space. Maybe you're doing more entertaining and need a larger backyard with a more spacious…
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Edmonton In-fill projects are ramping up for the busy 2015 season in Edmonton Real Estate. There will be dozens of new duplexs's that will hit market this spring in Edmonton that will offer a super value over many other forms of duplex's in Edmonton.
These Edmonton duplex properties will have fully finished basements with seperate entrances so that you can rent out the basement, and will make it easier on potential home owners to debt service these properties. Be aware when you are purchasing one of these properties, many of them are actually condo's and will have rules and regulations. The builders do this to save themselves money on bringing utilities into a property (approx 30k).
If you are looking at an Edmonton infill, please contact us first…
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Sales of residential property through the Edmonton Multiple Listing Service® (MLS®) System in 2014 in the Edmonton CMA were over 11 percent higher than in 2013, exceeding growth expectations by a large margin. This increase was reflected across all property types including a 9.8 per cent increase in sales of single family detached properties, an over 11 per cent increase in condo sales and a 25.4 per cent increase in duplex and row house sales. There were 18,991 residential sales reported in 2014 as compared to 17,077 in 2013.
Prices were also up compared to 2013, with single family homes finishing the year 5.6 per cent higher over last year at an average of $432,713. For 2014, the average…
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Have you ever driven up to a restaurant and your first impression was disappointing?
Perhaps the windows looked dark and gloomy, the façade was worn and unattractive or for some other reason it just didn't look like a tempting place to eat. It could still be a fantastic restaurant – a real gem. But, your first impression has soured your anticipation. If you still walk through the front door, it will likely be with the expectation of being disappointed. This scenario often plays out in the real estate market as well.  A buyer drives up to a home for sale and quickly forms an impression based on what he sees "from the curb". That's why you'll hear real estate experts talk about the importance of "curb appeal". It's one of the most important selling…
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Happy New year Edmonton, Alberta! This year is going to be amazing for Edmonton Real Estate; don't forget to contact us if you are hunting for a home in Edmonton, St Albert or any surrounding area. This year I am implementing many things to my business in order to continue to grow, including blogging and search engine optimization so that my website gets ranked higher and is viewed by more buyers and sellers. I will also be getting my life insurance license so that when I help a client get a mortgage I can also help them with their life insurance needs. My marketing wil quadruple this year as well. I intend on listing 20-30 new homes every month! Thanks to all of my customers for an amazing 2014, you have made me one of Edmonton's top real estate…
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