May 2015

There are 4 blog entries for May 2015.

General Comments

Jasper House represents the first foray by Lamb Development Corp. into the Edmonton condo market. At the time of writing, (May 17, 2015) and according to the staff in the sales suite, the building is about 30% sold. We understand that the developer needs to see 50% of the units sold before construction will begin. We also understand that if things go to plan, construction will commence in the fall of 2015 with completion by 2018.

The building will be constructed primarily of concrete and comprise 287 units across 37 floors.

Overview

The Jasper House facade at street level will be modern, featuring long clean windows. Above the first few floors, the building will feature an outer skin of steel and glass. For Jasper House,

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General Comments

The Alta Vista in Railtown towers were built by Christensen Developments in a postmodern style. Construction of the north tower commenced in 2004 and was completed in 2005. The south tower was completed in 2008. Residents of these concrete constructed 12 floor towers enjoy underground parking, storage, a gym, a guest suite and close proximity to all of the amenities in the Edmonton downtown core. Note that this is an 18+ complex. Pets are allowed with board approval. 

Market Overview

At the time of writing, (May 13th, 2015) there are 15 units for sale across both towers, for an average value of $423,266. The least expensive unit is priced at $328,000 and the most expensive is $649,900.

Over the last 12 months the

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Situation

After spending many years raising their family in this home, Eden and her husband Gilbert were finally ready to downsize. They built a smaller home not far from this one in Wildrose. However, when it came time to sell, they did not want to pay full REALTOR® commissions. However, they were not confident about trying to sell by themselves. The Ambergate Realty Advisors program was an obvious fit.

Result

After putting our exclusive 5 phase home marketing program to work, we sold Eden and Gilberts home after only 7 days for 97.8 % of list price & saved them more than $5780 in commissions.
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Situation

Randy purchased this house as a rental. After several years of successful land lording he decided to sell and take his profits. The home was pretty tired so he spent the time and money renovating it and staging it. Randy is a very determined man and in the past, he had used the Comfree program and with mixed results. He always felt that something was lacking. On this occasion after advertising on Kijji with no success, Randy was referred to Ambergate Realty Advisors by his son Jeff.

Result

After a reasonable time on the market we created 2 offers. The second offer was acceptable to Randy and the house was sold. Randy was very concerned about saving money on commissions. In this case, we negotiated full market value and saved him over…
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