Posted on
March 7, 2014
by
Susan Paulsen, ABR, SRS, SRES
February Real Estate Housing Stats from Edmonton
Edmonton, March 4, 2014: The REALTORS® Association of Edmonton reports that the housing market in the Edmonton CMA1 remains active. Residential listing activity on the Edmonton Multiple Listing Service® (MLS®) was up 7.3% as compared to January and sales increased by 24.4%. The all-residential price (includes single family detached, condominiums, duplexes and row-houses) rose 2.9% in a month.
The average condo price was up just 1.6% from January to $238,854 with the median sale price at $224,750. Single family detached homes showed stronger gains rising 2.7%, (which could be contributed to the 8 properties that sold over one million dollars in February compared to 3 in February 2013) at an average price of $425,782 in February ($416,344 in January). Duplex and rowhouse prices were also up month-over-month at $335,625 on average with the median sale price at $338,250. The all-residential average price was $359,973 (up 5.3%...
Posted on
February 19, 2014
by
Susan Paulsen, ABR, SRS, SRES
I found a great Article on getting your home ready for the spring! I for one can't wait for the warmer weather of spring, but with that comes lots of work that the winter months left behind.
A certified home inspector shares 10 home-maintenance tips for spring.
- By Dwight Barnett, Scripps Howard News Service
 After a long, dark winter, spring's bright sun and warm winds are, well, a breath of fresh air. The only downside? All that sunshine spotlights your leaf-filled gutters, cracked sidewalks and the dead plants in last year's flower beds. Dwight Barnett, a certified master inspector with the American Society of Home Inspectors, shared this checklist to help you target the areas that need maintenance so you can get your chores done quickly, leaving you time to go outside and play in the sunshine.
- Check for loose or leaky gutters. Improper drainage can lead to water in the basement or crawl space. Make sure downspouts drain away from the foundation and are clear...
Posted on
February 11, 2014
by
Susan Paulsen, ABR, SRS, SRES
Local housing sales and inventory up in stable market
Edmonton, February 4, 2014:
The residential home inventory on the Edmonton Multiple Listing Service® (MLS® System) rose 16% in January. Typically just over 1,800 homes in the Edmonton CMA (census metropolitan area) come onto the market in January. Last month’s listings of 1,842 were higher than the 783 listed in December. Sales figures (adjusted) of 885 properties (820 reported) were higher than a typical January and higher than sales in December and January 2013. The increased inventory of 3,537 (up from 3,049 in December), kept prices stable in all housing categories.
Compared to December, the all-residential average3 price of $347,847 was down just $1,226 or
-0.16%. Single family detached (SFD) home prices were down 1.5% at $416,344. Condominiums were priced on average3 at $230,463 (down 1.5%) and duplex/rowhouses showed the biggest movement and were down 5.3% at $336,220.
“Price stability...
Posted on
February 5, 2014
by
Susan Paulsen, ABR, SRS, SRES
I found a great article in the Wall Street Journal, all about when the right time is to downsize your home. This has some very insighful information in it. I hope you enjoy!
Susan Paulsen
With you Every Step of the Way!
If You're Going to Do It, Sooner is Better Than Later
For most people, their house is their biggest asset. It's also their biggest expense. But when it comes to retirement planning, a house often falls to the bottom of the list involving changes in later life.
There are plenty of reasons for that inertia. Emotionally, it's hard to let go of a home filled with memories. Moving is a hassle, and downsizing to a smaller home isn't always the cash bonanza some might expect. As a result, many wait until well into retirement before moving to a smaller house or apartment.
But for many retirees, it can pay to downsize sooner rather than later.
The financial benefits may not seem huge at first, but over time they can make a meaningful difference in extending...
Posted on
January 14, 2014
by
Susan Paulsen, ABR, SRS, SRES
So what do you think? I watched this on the news and read the article below on the Edmonton Journal. Do you think Skinny homes are the way to go? I guess this is a solution to new infill homes in mature neighborhoods. I imagine that it would be similar to a Half Duplex without being attached to the neighbors. You would still get the longer lot because most of these homes are being built on lots that are anywhere from 120-150 feet deep but it is your own and no unwanted noise from your neighbors on the oher side of the wall.
I am looking forward to going to view one and see for myself. It seems to work in other big cities, why not in Edmotnon?
EDMONTON - Skinny sells when it comes to lattes and jeans, but will Edmontonians buy skinny houses?
Local developer Doug Kelly believes so, having just listed two of Edmonton’s first wave of “skinny homes” on Friday.
Kelly partnered with Matthew...
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