Two Thumbs Up!

CP Thumbs Up

Come Home To: 23 Lessard Lake Estates

PHOTO_20140413_112607This small cabin on a 1-acre parcel at Lessard Lake Estates could be salvaged or torn down to make room for your RV or a new home. This home requires a lot of work (both inside and out) but there is plenty of potential in this 1-acre retreat when you consider the price is lot value only. Gas and power are to the edge of the property.

Property is being sold “As is where is”.

Come home!

///…CP

Come Home To: 10835 – 43 Avenue — SOLD

http://www.10835-43Avenue.com

_DSC4548Opportunity is knocking!

Located on a large corner lot and siding onto a cul-de-sac this 1,214 square foot bungalow in Rideau Park offers plenty of potential.

Just steps from Southgate mall and offering easy access to the LRT, U of A, and downtown, this 3-bedroom up, 1-bedroom down home had numerous renovations started last year but unfortunately they could not be finished.

Natural light floods the main floor layout which includes a large living room, dining room, kitchen, 3 bedrooms, main bath, and an ensuite bath.

Facilitated by the separate rear entrance the lower level was developed as an independent 1-bedroom plus den space complete with kitchen and living room.

The word of the day here is incredible: incredible location, incredible opportunity, incredible potential.

Come home!

///…CP

The Gist: April 2014

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

PilgrimSoldSignThe average*** single family detached price in the service area of the Edmonton Multiple Listing Service® was down 0.2% to $432,458.
The average condominium price was up 3.6% to $247,005.
The average duplex/ row house price was down to $331,038.
The average days-on-market in March was down over February to 44-days.

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)

March 2014

Change from
February

Change from
March 2013

SFDaverage selling price – month

$432,458

-0.20%

3.00%

SFD median4 selling price

$399,900

1.90%

5.20%

Condominium average selling price

$247,005

3.60%

NC

Condominium median selling price

$230,000

2.30%

0.20%

All-residential5 average selling price

$361,870

-0.40%

1.50%

All-residential median selling price

$341,500

1.00

3.50%

# residential listings this month

2,584

33.8%

9.10%

# residential sales this month

1,554

27.0%

3.60%

# residential inventory at month end

4,413

13.0%

-6.90%

# Total6 MLS® System sales this month

1,996

36.3%

0.20%

$ Value residential sales this month

$642 Million

38.9%

3.50%

$ Value of total MLS® System sales – month

$718 Million

34.6%

2.40%

$ Value of total MLS® System sales – YTD

$1.732 Billion

80%

6.90%

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

///…CP

CRAIG PILGRIM, REALTOR®

“Because For Sale & SOLD are not the same thing!”

Thinking of selling your home & buying another?

Wondering how to juggle the sale & purchase so you don’t wind up homeless?

Buying your first home & have no idea where to begin?

Having trouble choosing the right real estate professional?

Contact CRAIG PILGRIM, REALTOR®

///…CP