A kitchen renovation can be a massive investment, but it does have a good return. A new, modern kitchen will improve the aesthetics and personal enjoyment of the space. It can also add resale value to your home and improve marketability if you decide to sell. The most expensive part of your kitchen renovation will be the kitchen cabinets. Not only will the cabinets eat up a large portion of the total renovation budget, they also play the biggest role in how your kitchen looks and functions. If you want to renovate the kitchen to sell your home, or to just enjoy it yourself, there is an alternative to an expensive cabinet replacement.

Cabinet painting can save thousands.

Cabinet painting, or cabinet refinishing, is a budget-friendly alternative to…

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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: 616 (693, 513, 580) # Sales: 257 (238, 230, 226) Ratio: 42% (34%, 45%, 39%) # Price Changes: 356 (382, 387, 315) Expired/Off Market Listings: 165 (403, 150, 188) Net loss/gain in listings this week: 194 (52, 133, 166) Active single family home listings: 3882 (3767, 3731, 3650) Active condo listings: 2274 (2213, 2194, 2134) Homes 4-week running average: $419k ($421k, $417k, $427k) Condos 4-week running average: $ 215k ($212k, $206k, $207k) Have a great weekend!

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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: 693 (513, 580, 497) # Sales: 238 (230, 226, 181) Ratio: 34% (45%, 39%, 36%) # Price Changes: 382 (387, 315, 299) Expired/Off Market Listings: 403 (150, 188, 127) Net loss/gain in listings this week: 52 (133, 166, 89) Active single family home listings: 3767 (3731, 3650, 3560) Active condo listings: 2213 (2194, 2134, 2073) Homes 4-week running average: $421k ($417k, $427k, $419k) Condos 4-week running average: $212k ($206k, $207k, $214k) Have a great weekend!  

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The trend of high supply and low demand continued in the Edmonton area in March and brought lower prices for all types of real estate. The benchmark price for single-family homes was down 4.25% from last year, and 2.83% from five years ago, while apartment style condos were down 5.86% and 11.07% and townhouses were down 6.14% and 9.18% respectively. The pace of new listings was lower than last year for the second month in a row, which might could lead to lower inventory in the months to come, we'll see. Here's our market infographic for March, followed by every imaginable real estate chart.        

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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: 513 (580, 497, 582) # Sales: 230 (226, 181, 168) Ratio: 45% (39%, 36%, 29%) # Price Changes: 387 (315, 299, 309) # Expired/Off Market Listings: 150 (188, 127, 354) Net loss/gain in listings this week: 133 (166, 89, 60) Active single family home listings: 3731 (3650, 3560, 3443) Active condo listings: 2194 (2134, 2073, 1994) Homes 4-week running average: $417k ($427k, $419k, $420k) Condos 4-week running average: $206k ($207k, $214k, $216k) Have a great weekend!  

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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: 580 (497, 582, 495) # Sales: 226 (181, 168, 206) Ratio: 39% (36%, 29%, 42%) # Price Changes: 315 (299, 309, 256) # Expired/Off Market Listings: 188 (127, 354, 345) Net loss/gain in listings this week: 166 (89, 60, -56) Active single family home listings: 3650 (3560, 3443, 3290) Active condo listings: 2134 (2073, 1994, 1936) Homes 4-week running average: $427k ($419k, $420k, $419k) Condos 4-week running average: $ 207k ($214k, $216k, $219k) The Federal budget was announced this week, with new incentives for first time home buyers. They increased the amount you could borrow from you RRSPs from $25,000 to $35,000 (or $70,000…

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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: 497 (582, 495, 437) # Sales: 181 (168, 206, 186) Ratio: 36% (29%, 42%, 43%) # Price Changes: 299 (309, 256, 211) # Expired/Off Market Listings: 127 (354, 345, 216) Net loss/gain in listings this week: 189 (60, -56, 35) Active single family home listings: 3560 (3443, 3290, 3327) Active condo listings: 2073 (1994, 1936, 1966) Homes 4-week running average: $419k ($420k, $419k, $406k) Condos 4-week running average: $214k ($216k, $219k, $214k) Have a great weekend!  

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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: 582 (495, 437, 422) # Sales: 168 (206, 186, 175) Ratio: 29% (42%, 43%, 41%) # Price Changes: 309 (256, 211, 212) # Expired/Off Market Listings: 354 (345, 216, 127) Net loss/gain in listings this week: 60 (-56, 35, 120) Active single family home listings: 3443 (3290, 3327, 3281) Active condo listings: 1994 (1936, 1966, 1965) Homes 4-week running average: $420k ($419k, $406k, $402k) Condos 4-week running average: $ 216k ($219k, $214k, $215k) Have a great weekend!

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A recent report shows there are a record number of unsold, completed new homes in the Edmonton area (7.5% above the previous record). This is due to a tough labour market, stagnant wages, higher mortgage rates and tougher federal mortgage rules, and all those factors are impacting the resale market as well. My initial looks at the Edmonton real estate market in February shows single-family homes sales were down 1.4% from last February, and below average for this time of year - 499 homes were reported sold in February: Condo sales were down 7% from last February and the lowest level we've seen in at least 10 years - 214 condos were reported sold in February: The average price of single-family homes was down 3.6% to $419,174 and the median price was…

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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: 495 (437, 422, 528) # Sales: 206 (186, 175, 179) Ratio: 42% (43%, 41%, 36%) # Price Changes: 256 (211, 212, 221) # Expired/Off Market Listings: 345 (216, 127, 428) Net loss/gain in listings this week: -56 (35, 120, -79) Active single family home listings: 3290 (3327, 3281, 3194) Active condo listings: 1936 (1966, 1965, 1910) Homes 4-week running average: $419k ($406k, $402k, $397k) Condos 4-week running average: $219k ($214k, $215k, $206k) Have a great weekend!

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