By Kathy Schmidt “What matters most is the value of your home relative to other property values” – Cate Watt, City of Edmonton assessment and taxation branch manager Fun fact…I used to work for the City of Burnaby where I worked as the Budget Manager. It was a great opportunity to gain a behind-the-scenes understanding […]
So how did 2019 end up? Despite the economic challenges Alberta faced in 2019, the number of homes sold has remained surprisingly steady. In fact, the total number of residential properties sold in the Edmonton Census Metropolitan Area (CMA) and the City of Edmonton is actually higher than the previous year… not by a lot, […]
When you house hits the market… it’s SHOWTIME! Will you be ready? Getting your home ready for the market – really ready – is a big deal! Unless you’re marketing it as a “fixer upper/handyman special” there’s no point in having your agent spread the word about your property if it doesn’t show well. While […]
We’re often asked…What price range is the busiest? Every seller hopes that their home falls into the sweet spot of the market, but the truth is that there have been the same proportion of sales in every price range in the last 5 years. While the total number of homes sold may be less (15,714 […]
Oliver is an stablished neighbourhood west of downtown Edmonton and is located south of the CN rail line and extends all the way to the river valley. From east to west its limits are 111 avenue and 124 street with a notch cut out using stony plain road and 121 street as boundaries. A very […]
Where does today’s market fit in the “big picture”? In the midst of a market that’s been a bit more challenging than most sellers would like, it can be helpful to pull back and get some perspective. The Housing Price Index (HPI) indicates the benchmark price over time for a “typical” home in an area. […]
Where is the Edmonton real estate market headed? While we can’t say for sure, there are some indicators that give us a good idea of what the future might hold… the near future anyway! There are a lot of outside factors to consider, from our new provincial government and the upcoming federal election to […]
I think we’ll wait to sell in the spring… This is a comment I often hear when meeting with clients in the fall. It’s understandable. Everyone knows that spring is the busiest time of the year for real estate. But, is the busy market always the best market? There are a lot of reasons to […]
By Kathy Schmidt One of the things that’s really fun about being a REALTOR® is solving riddles and puzzles! A frequent one is the puzzle of finding the right house for a family with multiple (and what may seem to be conflicting) needs. Or the puzzle of finding just the right wording to attract the […]
At first glance, it appears prices haven’t changed much since last August… 0.01%… That’s how much the median residential selling price for the Edmonton Census Metropolitan Area (CMA) has changed from August 2018 to August 2019! That’s barely measurable! However, if you made your buying and selling decision on this you’d be missing a […]