There’s nothing quite like the incredible feeling of finding your dream home, but a dream house can quickly become a nightmare if you don’t know what’s going on behind the walls. That’s why you need to get the electrical systems checked before buying it. A home inspector can inspect many aspects of a home you’re considering purchasing. Here are some things they should include in an electrical inspection:

1. Outlets and Receptacles

Most, if not all, of the outlets in the house should have arc fault or ground fault circuit interrupters. These protect you from electrical shocks and electrical fires.

2. Light Switches and Fixtures

Every switch in your house should connect to either a light fixture or an outlet. Any fixtures or appliances you’re buying…

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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: 421 (524, 427,523) # Sales: 194 (224, 236, 260) Ratio: 46% (43%, 55%, 50%) # Price Changes: 375 (425, 452, 487) # Expired/Off Market Listings: 280 (711, 259, 304) Net loss/gain in listings this week: -53 (-411, -68, -41) Active single family home listings: 4257 (4272, 4429, 4540) Active condo listings: 2482 (2510, 2667, 2666) Homes 4-week running average: $426k ($430k, $430k, $429k) Condos 4-week running average: $235k ($237k, $242, $245k) Have a great weekend!

662 Views, 8 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: 524 (427,523, 568) # Sales: 224 (236, 260, 247) Ratio: 43% (55%, 50%, 43%) # Price Changes: 425 (452, 487, 523) # Expired/Off Market Listings: 711 (259, 304, 325) Net loss/gain in listings this week: -411 (-68, -41, -4) Active single family home listings: 4272 (4429, 4540, 4534) Active condo listings: 2510 (2667, 2666, 2696) Homes 4-week running average: $430k ($430k, $429k, $434k) Condos 4-week running average: $237k ($242, $245k, $240k) Have a great weekend!

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Our preliminary look at the real estate market in September shows single-family home sales are up (ever so slightly) from last year - 668 homes were reported sold in September in Edmonton, up 2.5% from last year: Condo sales, on the other hand, reached a new low - 250 condos were reported sold in September, down 11% from last September: The average price of single-family homes was $430,881 - up 1% compared to last September - and the median price was $387,500 - up 0.6%. The average price of condos was $241,838 - down 4% from last September - and the median price was $219,000 - down 0.5%. The average price per square foot for single-family homes was $276 and for condos was $237 - both were down $10 from last September.

690 Views, 3 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: 427 (523, 568, 547) # Sales: 236 (260, 247, 219) Ratio: 55% (50%, 43%, 40%) # Price Changes: 452 (487, 523, 491) # Expired/Off Market Listings: 259 (304, 325, 726) Net loss/gain in listings this week: -68 (-41, -4, -398) Active single family home listings: 4429 (4540, 4534, 4519) Active condo listings: 2667 (2666, 2696, 2705) Homes 4-week running average: $430k ($429k, $434k, $430k) Condos 4-week running average: $242 ($245k, $240k, $247k) Have a great weekend! :)

652 Views, 2 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: 523 (568, 547, 506) # Sales: 260 (247, 219, 279) Ratio: 50% (43%, 40%, 55%) # Price Changes: 487 (523, 491, 499) # Expired/Off Market Listings: 304 (325, 726, 343) Net loss/gain in listings this week: -41 (-4, -398, -116) Active single family home listings: 4540 (4534, 4519, 4678) Active condo listings: 2666 (2696, 2705, 2868) Homes 4-week running average: $429 ($434k, $430k, $426k) Condos 4-week running average: $245 ($240k, $247k, $247k) Have a great weekend! :)

720 Views, 12 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: 568 (547, 506, 495) # Sales: 247 (219, 279, 285) Ratio: 43% (40%, 55%, 58%) # Price Changes: 523 (491, 499, 528) # Expired/Off Market Listings: 325 (726, 343, 262) Net loss/gain in listings this week: -4 (-398, -116, -52) Active single family home listings: 4534 (4519, 4678, 4720) Active condo listings: 2696 (2705, 2868, 2905) Homes 4-week running average: $434k ($430k, $426k, $429k) Condos 4-week running average: $240k ($247k, $247k, $242k) Have a great weekend!

702 Views, 8 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: 547 (506, 495, 566) # Sales: 219 (279, 285, 264) Ratio: 40% (55%, 58%, 47%) # Price Changes: 491 (499, 528, 553) # Expired/Off Market Listings: 726 (343, 262, 302) Net loss/gain in listings this week: -398 (-116, -52, 0) Active single family home listings: 4519 (4678, 4720, 4741) Active condo listings: 2705 (2868, 2905, 2930) Homes 4-week running average: $430k ($426k, $429k, $429k) Condos 4-week running average: $247k ($247k, $242k, $250k) For those wondering why the monthly stats haven't been updated, I'm waiting to hear back from the Association on what I believe is an error in the data. In the meantime, I've added the…

667 Views, 2 Comments

I normally update this post much more quickly, but I believe I found an error in the reported inventory and am waiting to hear back from our association about it. I've included what I can now and will update this again when I get an answer about the inventory. Sales were up 1.8% from last August - 1567 listings were reported sold in the Greater Edmonton Area last month. The average sale price was $423,878, down 3.4% from last August and the media price was $375,000, down 2% from last August. New listings were up 3% from last August - 3,050 new listings were added last month.

City of Edmonton Stats

My preliminary look at the real estate market in Edmonton in August shows 766 single family homes were reported sold in August, up 1.3% from…

728 Views, 6 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: 506 (495, 566, 581) # Sales: 279 (285, 264, 247) Ratio: 55% (58%, 47%, 43%) # Price Changes: 499 (528, 553, 485) # Expired/Off Market Listings: 343 (262, 302, 307) Net loss/gain in listings this week: -116 (-52, 0, 27) Active single family home listings: 4678 (4720, 4741, 4729) Active condo listings: 2868 (2905, 2930, 2934) Homes 4-week running average: $426k ($429k, $429k, $422k) Condos 4-week running average: $247k ($242k, $250k, $230k)   Have a great weekend!

612 Views, 11 Comments