If you have older windows or if they are damaged, you could be losing a lot of energy and should consider a window replacement. Some tell-tale signs that your windows need replacing include:

  • fog or condensation build up
  • rot or mould on wooden window frames
  • obvious warping or damage to the frame
  • drafts
  • cracked or peeling caulking
Your windows are the biggest culprit for energy loss in your home. If your windows are suffering any of the symptoms listed above, you could be losing more energy than you think and paying way too much on your utility bills each month.

Save energy and money with ENERGY STAR certified windows.

If you’re in the market for new energy efficient windows, you should choose windows that are ENERGY STAR…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 475 (440, 431, 449) # Sales: 200 (198, 159, 134) Ratio: 42% (45%, 37%, 30%) # Price Changes: 198 (240, 260, 204) # Expired/Off Market Listings: 136 (322, 136, 208) Net loss/gain in listings this week: 139 (-80, 136, 107) Active single family home listings: 2,371 (2,293, 2,325, 2,245) Active condo listings: 1,981 (1,909, 1,952, 1,892) Homes 4-week running average: $424k ($421k, $426k, $422k) Condos 4-week running average: $246k ($249k, $232k, $236k) We are in the process of moving the blog to a new host, which is why I haven't posted much lately. It should happen any day now, but there are always glitches. I appreciate…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 440 (431, 449, 390) # Sales: 198 (159, 134, 124) Ratio: 45% (37%, 30%, 32%) # Price Changes: 240 (260, 204, 205) # Expired/Off Market Listings: 322 (136, 208, 179) Net loss/gain in listings this week: -80 (136, 107, 87) Active single family home listings: 2,293 (2,325, 2,245, 2,188) Active condo listings: 1,909 (1,952, 1,892, 1,819) Homes 4-week running average: $421k ($426k, $422k, $420k) Condos 4-week running average: $249k ($232k, $236k, $248k) It's looking a lot like 2015 this year, which is better than last year. Have a great weekend!

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I'm going to change things up a bit...Normally I post a preliminary report on the Edmonton market on the first of each month, and a second report on the greater Edmonton area when the REALTORS® Association of Edmonton releases their stats. From now on I'm just going to publish one report on the 1st of the month, and add the greater Edmonton area stats as an update, when they're released. Hopefully you agree this is a good idea :)

Greater Edmonton Area

In an interesting turn of events, demand is up, supply is down and prices are up on a year over year basis in the Greater Edmonton Area, according to stats released by the REALTORS® Association of Edmonton yesterday.

“2017 has started strong, with an increase in year over year unit sales and prices…

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Winter is best spent drinking hot chocolate and building snowmen, not re-roofing your house. Benoit Gosselin, operating manager at Safe Roofing Edmonton lists three main reasons why you should postpone your re-roofing project until springtime:

  1. Asphalt shingles become brittle when the temperature drops below 10 degrees centigrade. As such, bending, throwing and nailing shingles during delivery and installation may break them, resulting in increased material costs.
  2. Low temperatures will affect the asphaltic sealant’s ability to bond and seal shingles together. Experienced roofers pay close attention to the temperature, humidity and sun exposure when re-roofing a home. They may choose not to re-roof if they believe the current conditions will affect…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 431 (449, 390, 256) # Sales: 159 (134, 124, 97) Ratio: 37% (30%, 32%, 38%) # Price Changes: 260 (204, 205, 142) # Expired/Off Market Listings: 136 (208, 179, 581) Net loss/gain in listings this week: 136 (107, 87, -422) Active single family home listings: 2,325 (2,245, 2,188, 2,149) Active condo listings: 1,952 (1,892, 1,819, 1,751) Homes 4-week running average: $426k ($422k, $420k, $424k) Condos 4-week running average: $232k ($236k, $248k, $247k) The Alberta Real Estate Association put out a very informative report on the real estate market this week, that includes a thorough outlook on 2017, with some interesting…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 449 (390, 256, 74) # Sales: 134 (124, 97, 95) Ratio: 30% (32%, 38%, 128%) # Price Changes: 204 (205, 142, 63) # Expired/Off Market Listings: 208 (179, 581, 131) Net loss/gain in listings this week: 107 (87, -422, -152) Active single family home listings: 2,245 (2,188, 2,149, 2,364) Active condo listings: 1,892 (1,819, 1,751, 1,940) Homes 4-week running average: $422k ($420k, $424k, $418k) Condos 4-week running average: $236k ($248k, $247k, $249k) Have a great weekend!

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Over the years I've been involved in hundreds of sales where parents were helping their kids buy a property, and I've seen that "help" come in many different forms. There are some good ways for parents to help their kids by a home, and some things that should definitely be avoided. So, here are my tips for the best ways for parents to help their kids buy a property:

  1. Don’t make assumptions based on previous experience. The most dangerous thing I see parents do is to make decisions for their kids, based on what worked for them.  Real estate has changed considerably over the years and so have the trends.  Basing an important decision on outdated information could be a major misstep.  When I bought my first property, my dad told me not to buy a condo; at…

471 Views, 1 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 390 (256, 74, 190) # Sales: 124 (97, 95, 180) Ratio: 32% (38%, 128%, 95%) # Price Changes: 205 (142, 63, 122) # Expired/Off Market Listings: 179 (581, 131, 262) Net loss/gain in listings this week: 87 (-422, -152, -252) Active single family home listings: 2,188 (2,149, 2,364, 2,434) Active condo listings: 1,819 (1,751, 1,940, 1,997) Homes 4-week running average: $420k ($424k, $418k, $431k) Condos 4-week running average: $248k ($247k, $249k, $243k) Have a great weekend!  

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What your kitchen looks like will play a major role in how fast you sell your home. An experienced real estate agent will tell you that the kitchen is the first room a potential buyer will look at when they are investigating your home, either online or during a showing. Photo Credit: Gem Cabinets Kitchen renovations also have a very high return on investment compared to other home renovations. According to Remodeling Magazine’s Cost vs. Value Report for 2016, a minor kitchen remodel will recoup over 83 per cent of its initial cost. That means that if you spend $20,000 on a kitchen renovation, you can expect the resale value of your home to increase by nearly $17,000. You don’t have to spend that kind of money to fix up the kitchen, boost your resale…

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