Come Home To: 3931 – 72 Street

Welcome home to this 1,668 sqft bi-level located in the Michaels Park neighbourhood of Mill Woods.

MAIN LEVEL
The main floor offers a large living room, dining room, and eat-in kitchen. There are also three bedrooms including the master with 2-piece ensuite bath and there’s a 4-piece main bath.
A massive 500sqft bonus room with stone-facing, wood-burning fireplace is located atop the oversized, attached, heated, double garage.

LOWER LEVEL
The basement is fully developed with a fourth bedroom, another 3-piece bathroom, large rec room, a kitchen area, laundry area, and a storage and utility room.

This home is situated on a large 5,900sqft corner lot and offers a 24’x22’ heated garage, potential for RV parking, and a sunroom.
The location on a quiet side street close to schools, shopping, and transportation should put this home at the top of your list.

Come home!

Download Property Brochure

Address: 3931 – 72 Street NW, Edmonton, AB  T6K 1S7
Style: Bi-Level
Built: 1976
Size: 1,668 square feet
Bedrooms: 4
Bathrooms: 2 Full, 1 Half
Taxes: $3,334 (2016)
Municipality:
 City of Edmonton
Public School: Edmonton Public Schools
Catholic School: Edmonton Catholic Schools
Recreational Facility: Mill Woods Rec Centre
Transit: ETS

Contact us today for more information about this property or to schedule a viewing.

///…CP

10 Reasons You Need A Real Estate Pro To Sell Your Home

fsbobuffiniIf you’re thinking of selling your home, don’t do it alone. Although some sellers may initially try to sell their home themselves, they soon realize they need an experienced professional on their side to help them through the process.

1. Understand the local market
The internet gives you access to more information now than ever before. An experienced real estate professional, like me, is able to help you understand this information in the context of the local market and interpret what it means to your home sale.

2. Price your home competitively
When you list your home, you want it to sell quickly and for top dollar. Having professional assistance will help you do both, especially in competitive markets.

3. Optimize online marketing strategies
Buyers are savvier than ever. To find the right buyer, we have to go where they are. We’ll do more than put a sign in your yard to attract buyers; we’ll utilize the latest online marketing tools to show your home at its best and entice buyers to learn more.

4. Target the right buyers
A marketing strategy means nothing if you’re not targeting the right buyers. The first few weeks a house is on the market are vital. The longer a home remains on the market, the more likely a seller will have to reduce their listing price and/ or offer incentives, such as gift cards, bonuses or even cars, to attract and find the right buyers for your home.

5. Get more money for your home
All sellers want their homes purchased at the listed price, if not more. Studies show that enlisting the aid of an agent to sell your home will net you more money than trying to sell it yourself.

6. Negotiate in your best interest
Buyers are looking for a deal on a home, and they’ll hire an experienced agent to negotiate the purchase for them. Having a real estate pro on your side will even the playing field and help you negotiate the terms of the sale with your best interests in mind.

7. Spot potential challenges
Every real estate transaction is different. While we hope the transaction goes smoothly, setbacks and other hiccups often occur, and at the most inconvenient time. Sellers who have listed their homes themselves may not have the experience and know-how to deal with these issues as they arise; however, a real estate pro can tap into their experiences to handle potential problems, such as issues with a home inspection or problems with a title, and mitigate their impact.

8. Offer tips to improve your home’s value and make it more attractive to buyers
Sellers typically update their homes before they list. While some simply paint each room a neutral colour and do a thorough cleaning, others may do a kitchen or bathroom remodel to boost their home’s value and/ or help it sell faster in a competitive market. What should you do to boost your home’s value and give it the competitive 10 edge in our market? Ask me!

9. Tap into a network of agents
I work alongside other local real estate professionals who may have clients looking for a home just like yours. Marketing your home to other agents is another way to help us find a qualified buyer.

10. Tap into a rich network of service professionals
Real estate professionals work with a variety of service and tradespeople, including contractors, landscapers, movers and more. There is an average of 26 services involved in a real estate transaction in the 30 days before and after it has closed; however, you may need to tap into these services long after the ink has dried. A real estate pro can refer you to a reputable tradesperson in your local area.

If you’ve been thinking of selling your home, give me a call! We’ll discuss your home’s value, answer any questions you have and give you the scoop on our local market.

///…CP

Come Home To: 19, 13215 – 153 Avenue

Welcome home to this 1,362 square foot, 4-bedroom, 3-bath, 2-storey bareland condominium townhome in northwest Edmonton’s family-friendly community of Cumberland.

MAIN LEVEL
The main floor features the living room with electric fireplace, a dining area, and an open-concept kitchen with centre island open to the breakfast nook. There’s also access to a front balcony and rear deck overlooking greenspace and main floor laundry.

UPPER LEVEL
The upper level hosts the master bedroom with 4-piece ensuite bath (including a jetted tub) and walk-in closet. Two additional bedrooms and a 3-piece main bath complete the upper level layout.

LOWER LEVEL
The basement is fully developed with another bedroom and another 4-piece bath. The lower level offers direct access to the attached double garage with floor drain.

Located minutes from shopping, close to schools and transit, and steps away from the community’s walking paths there’s a ton of potential in this bank-owned foreclosure property.
Property is being sold “As is where is”.

Come home!

Download Property Brochure

Address: 19, 13215 – 153 Avenue, Edmonton, AB  T6V 0B6
Style: 2-Storey (bareland condominium)
Built: 2008
Size: 1,362 square feet
Bedrooms: 4
Bathrooms: 3
Taxes: $2,465 (2015)
Condo Fees: $232 per month
Municipality:
 City of Edmonton
Public School: Edmonton Public Schools
Catholic School: Edmonton Catholic Schools
Recreational Facility: YMCA – Castledowns
Transit: ETS

Contact us today for more information about this property or to schedule a viewing.

///…CP

The Gist: August 2016

“The Gist” is adapted from the REALTORS® Association of Edmonton Monthly MLS® Report and Press Release. Every month I summarize and post “the gist” of the MLS® data for Edmonton and area real estate activity.

The average*** single family detached price in the service area of the Edmonton Multiple Listing Service® was down 3.55% to $434,362.
The average condominium price was down 2.31% to $251,526
The average days-on-market in August was 55-days.
There were 1,433 reported residential sales and 7,908 residential units for sale at month end.

The REALTORS® Association of Edmonton releases month-end and year-end results for sales through the local Multiple Listing Service® and includes all residential sales for the City of Edmonton and surrounding communities and counties. ***Average prices indicate market trends only. They do not reflect actual prices, which vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. For information on a specific area, contact me directly***
Activity (for all residential sales on Edmonton MLS® System)

August
2016

Change from
July

Change from August 2015

SFDaverage selling price – month

$434,362

-3.55%

-0.80%

SFD median4 selling price

$400,000

-1.72%

0%

Condominium average selling price

$251,526

-2.31%

-1.12%

Condominium median selling price

$235,000

-3.29%

-0.15%

All-residential5 average selling price

$369,956

-3.78%

-0.05%

All-residential median selling price

$345,000

-3.63%

-2.13%

# residential listings this month

2,747

-5.11%

-6.25%

# residential sales this month

1,433

-5.41%

-2.18%

# residential inventory at month end

7,908

-1.74%

9.42%

# Total6 MLS® System sales this month

1,905

-3.84%

-4.18%

$ Value residential sales this month

$608 Million

-7.95%

-3.27%

$ Value of total MLS® System sales – month

$708 Million

-7.17%

-4.27%

$ Value of total MLS® System sales – YTD

$5.63 Billion

15.9%

-8.26%

1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

2016StatsInfographic-August-CMA

///…CP

7 Tips to Help You Navigate The Buying Process

7tipsbuyingWhile most buyers expect to live in their home an average of 14 years, the typical tenure is five to seven years. That means the average buyer will go through the process of buying a home about twice a decade. The real estate market is always changing— the process of buying a home has evolved in the past decade, just as it evolved in the decades before that. Here are a few tips to help you through the buying process.

Give us a call as soon as you start thinking of buying
A true real estate professional will not only help you find the right home, they’ll also hold your hand throughout the process. From competing with multiple offers to negotiating the best deal, to finding a contractor to help you renovate after the sale has closed, take advantage of my experience working in the local market to help you buy the home of your dreams!

Get a lender on board right away
Working with a great lender from the beginning is not only smart, it may also help ensure you’re able to put an offer on the right home at the right time. A lender will explain your home financing options, help you get pre-approved for a mortgage, and help you estimate the right price range for your budget. If you don’t have a lender you can trust, give me a call and I’ll connect you with a reputable lender in my network!

Manage your expectations
In real estate, as in life, many of our frustrations stem from unmanaged expectations. When you begin your home search, think about your lifestyle, how long you plan to live in the home, and your possible life changes. This will not only help you narrow down the list of homes to consider, but also help you stay focused throughout the process.

Read the fine print
Before you make an offer on a home, know what’s at stake. For example, if the home you have your eye on is a condo or part of a homeowner’s association, read to see if there are any restrictions on the property. If you had to move again in a few years, would you be able to rent out the home, or is this against the rules of the HOA? The same goes for your mortgage: Are you allowed to pay it off early or is there a penalty? Will your payment go up if rates go up? The more informed you are, the better equipped you’ll be to make the right decision for you and your family.

Get a home inspection
A trained home inspector will offer insight into the condition of the home and spot problems or areas of concern. A home may look perfect from the outside, but may harbour damage or problems the seller may not know about. If spotted early, many of these problems can be fixed; however, potential problems that are left undetected can lead to expensive repairs. While a home inspection may not find everything, it’s often able to catch most things, giving you a clearer picture of the property. Once you know more about the property and any potential repairs it may require, you can decide whether or not to proceed with the sale.

Think about your long-term investment
Whether you plan to sell in five years or 50 years, it helps to consider a home’s resale potential. Also, think about the area and neighbourhood — is it up and-coming or well-established? Are there plans for development or are there restrictions in place, such as a green belt. While you may not be able to predict the future, you can think about how the home will fare should you decide to sell it one day.

Plan for renovations, no matter how minor
Even if you’ve found the right home for your needs, there may be some modifications you’d like to make after the sale has closed. While looking at potential houses, keep a list of possible renovations you’d like to make if you buy the home. Then, once the sale goes through, prioritize your list. Remember, we work with a variety of professionals and services in our community. If you need a referral to a trusted contractor, landscaper, electrician, etcetera, give us a call!

1sttimebuyer

If you’re thinking of buying a home, or know someone who is, give us a call! We’d love to help you, your friends, colleagues, and family find the homes of your dreams.

///…CP