Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 565 (535, 570, 577) # Sales: 276 (264, 255, 227) Ratio: 49% (49%, 45%, 39%) # Price Changes: 326 (262, 258, 275) # Expired/Off Market Listings: 126 (142, 163, 322) Net loss/gain in listings this week: 163 (129, 152, 28) Active single family home listings: 2,736 (2,670, 2,582, 2,510) Active condo listings: 2,305 (2,217, 2,188, 2,113) Homes 4-week running average: $438k ($437k, $436k, $425k) Condos 4-week running average: $235k ($234k, $238k, $231k) Have a great weekend!

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Building a deck will enhance your outdoor living space by giving you a place to relax, dine, entertain and spend time as a family. Building a deck will increase your own personal enjoyment of your yard and will also enhance the value of your home. Photo credit: Alberta Vinyl Decking & Railing Ltd. Here are some reasons why you should build a deck:

Increase your property value.

If you think you’d enjoy having a new deck, you can assume potential buyers would feel the same way. An outdoor living space is attractive to buyers, can help you sell your home faster and will increase your property value. According to Remodelling Magazine’s Cost vs. Value Report for 2017, you can expect to recoup over 71% of the cost of building your deck. The numbers of…

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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: 535 (570, 577, 516) # Sales: 264 (255, 227, 224) Ratio: 49% (45%, 39%, 43%) # Price Changes: 262 (258, 275, 219) # Expired/Off Market Listings: 142 (163, 322, 124) Net loss/gain in listings this week: 129 (152, 28, 168) Active single family home listings: 2,670 (2,582, 2,510, 2,479) Active condo listings: 2,217 (2,188, 2,113, 2,100) Homes 4-week running average: $437k ($436k, $425k, $418k) Condos 4-week running average: $234k ($238k, $231k, $240k) Two condos have sold for over $1million this month, which is not a common occurence in Edmonton, at the same time, 11 have sold for under $100k including a few under…

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Most of the time, few of us actually know where to put and where we have put things in the garage. This makes it even harder to find things after the organizing is done. Implementing specific zones in the garage can make finding your items and tools easier. Here are few ideas and simple steps to help take your garage to the next level. Plan the zones. Before starting to organize anything, plan zones specific to your family’s needs. Your garage could have a mudroom zone, beach zone, snow removal zone, etc. This is a wonderful customized plan that is entirely based on what you actually use. Start simple. As with anything, don’t stress yourself out so badly that you lose your taste for organizing. There are so many different ways to organize the garage…

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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: 570 (577, 516, 424) # Sales: 255 (227, 224, 235) Ratio: 45% (39%, 43%, 55%) # Price Changes: 258 (275, 219, 248) # Expired/Off Market Listings: 163 (322, 124, 140) Net loss/gain in listings this week: 152 (28, 168, 49) Active single family home listings: 2,582 (2,510, 2,479, 2,400) Active condo listings: 2,188 (2,113, 2,100, 2,017) Homes 4-week running average: $436k ($425k, $418k, $420k) Condos 4-week running average: $238k ($231k, $240k, $245k) Have a great weekend!

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Home automation allows you to control systems in your home with a touch of a button. Where the first home automation systems were controlled only by a central panel, the latest in automation and mobile technology now allows homeowners to control their system from anywhere using a smartphone, tablet or computer. Home automation in Edmonton can be installed during construction of a new home and in existing homes. Home automation can enhance your lifestyle and enjoyment of your home by adding luxury and convenience, enabling you to control things like lighting, blinds, temperature, music and video. They can also help protect your home and family through high-tech security systems and help you save on energy bills through energy efficient…

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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: 577 (516, 424, 475) # Sales: 227 (224, 235, 200) Ratio: 39% (43%, 55%, 42%) # Price Changes: 275 (219, 248, 198) # Expired/Off Market Listings: 322 (124, 140, 136) Net loss/gain in listings this week: 28 (168, 49, 139) Active single family home listings: 2,510 (2,479, 2,400, 2,371) Active condo listings: 2,113 (2,100, 2,017, 1,981) Homes 4-week running average: $425k ($418k, $420k, $424k) Condos 4-week running average: $231k ($240k, $245k, $246k) Have a great weekend.

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Things are looking a lot better than last year in a few real estate categories in Edmonton this month, with supply coming down, and demand coming up. Sales were up over last year, and sales tend to be a leading indicator for prices - when sales go down, prices inevitably follow and when sales go up, prices tend to rise as well, in time. The REALTORS® Association of Edmonton released their report on the Greater Edmonton area market today, saying:

 “As we head into the spring buying season with stable prices, coupled with increases in unit sales and seasonally-appropriate inventory levels, it seems like a positive sign for our market,” says James Mabey, REALTORS® Association of Edmonton Chair.

Here's our snapshot on the real estate market in the Greater…

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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: 516 (424, 475, 440) # Sales: 224 (235, 200, 198) Ratio: 43% (55%, 42%, 45%) # Price Changes: 219 (248, 198, 240) # Expired/Off Market Listings: 124 (140, 136, 322) Net loss/gain in listings this week: 168 (49, 139, -80) Active single family home listings: 2,479 (2,400, 2,371, 2,293) Active condo listings: 2,100 (2,017, 1,981, 1,909) Homes 4-week running average: $418k ($420k, $424k, $421k) Condos 4-week running average: $240k ($245k, $246k, $249k) *UPDATE - March 3* Some of you noticed some issues with the numbers in this post and were in fact correct. It looks as though my spreadsheet didn't save correctly and a week of…

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It’s all about curb appeal. Making that first good impression on potential home buyers starts with how your home looks like from the street. A well-designed landscape, green lawn, beautiful trees and maintained walkways will make it more aesthetically pleasing and could boost your resale value. In the same way that good landscaping can attract buyers to your property, bad landscaping or an unkempt yard can turn them away. Professional landscapers in Edmonton can help you improve your home’s curb appeal, help you get a better return on investment and create an outdoor space you’re going to love using in the meantime. Photo credit: RCL Canada Landscape Contractors & Supply According to an article published on House Logic about landscaping to increase…

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