Ambergate Edmonton Real Estate Blog

Kingswood Village condo kitchen

Kingswood Village a bungalow condo complex in St Albert is very popular with downsizers and professional couples. There is a 45 plus age restriction. However, we have been told that if 18 year olds need to be at home so that they can study this OK. There are pet restrictions but again we have been told that enforcement is liberal in nature. To see of the details of this home that we have just listed for sale please click here: Unit 20 Kingswood Village.

To see ALL condo bungalows currently for sale in St Albert please click here: ALL Condo Bungalows

46 Views, 0 Comments

Summary:

More condos selling. Prices dropping. Excess inventory disappearing. The condo market is an interesting place right now.

Numbers Sold:

58 more condo units sold across Edmonton when compared to the third quarter of 2018. This confirms that buyers continue to seek out condo living as a lifestyle choice. 

Sales Values:

Condos continued to trade at a discount when compared to last year. On average condo units sold for about 10% LESS than last year, equal to an average discount of about $25,000. Condos have been selling at a discount for the entire year. This is not good news, but as excess inventory dries up this pattern must eventually change. Its beyond the scope of this report to examine the ages of the condos sold, but

134 Views, 0 Comments

Summary:

The market seems to be strengthening in favour of sellers. Discounts are less than the second quarter. Sales volume is about the same as last year and inventory volume is down.

Numbers Sold:

2304 single family homes sold in Edmonton during the third quarter of 2019. This is 18 more than last year and confirms the underlying demand for homes in Edmonton. 

Sales Values:

Buyers continue to have an advantage but on the whole home sellers did relatively well. Homes during the last quarter sold for only $3614 LESS than last year. Not great but hardly a disaster. This equates to about a 1% discount and when compared to the second quarter when homes sold for about a 3% discount, this suggests the market may be hardening.

 

167 Views, 0 Comments

In general, there is going to be some benefit to making a move. There will also be some drawbacks. Let’s examine this.

Pros to Moving

  1. You get an opportunity to lose the stairs in your home & perhaps all of the yardwork & snow clearing

  2. You have a chance to free up your equity for other things

  3. You can move nearer to your family

  4. You can travel

  5. Perhaps you can move to a safer or quieter area

Cons to Moving

  1. You may have to get used to a smaller living space

  2. You may have to give up some of your (unused) possessions

  3. You may have to find new service providers i.e. hairdresser, doctor etc.

  4. You may have to say goodbye to your neighbours

  5. Moving can be stressful

64 Views, 0 Comments

Jean Young of Castledowns was the lucky winner of our prize draw on Saturday. Jean is entitled to a FREE home selling package worth $7100.

We look forward to assisting Jean with the sale of her home.

Congratulations Jean :)

About the author:

Stuart Neal is an accredited Seniors Real Estate Specialist (SRES®). Many of his clients are downsizers. You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®

Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca

 

 

67 Views, 0 Comments

Do you want to sell your home? Are you afraid that you have waited too long? Don’t despair. For many home sellers this is the perfect time to sell and get top dollar. Let’s discuss why.

 

Here are 5 reasons why you should sell now:

1. The market is strong

Based on last year’s numbers, almost 2300 homes and condos will sell before December 31st, 2019, (excluding other areas like Sherwood Park and St Albert). This represents around 20% of ALL homes and condos sold during the entire year.

2. Less competition

October is when many home sellers leave the market. The change in leaf colour, the first frost, the first snow fall. These are stimuli that make many sellers give up until Spring. If you have your home for sale now, you will have

95 Views, 0 Comments

Edgemont in the south west segment of Edmonton is fast emerging as one of the more popular newer communities. We are proud to present this lovely home for sale with a walkout basement. For details please click on this link: For Sale 827 Eagleson Link NW Edmonton T6M 0V5.

To see ALL homes for sale in Edgemont please go this link: All Edgemont Homes for Sale

58 Views, 0 Comments

In my last blog To Move or Not we looked at some general questions you might want to ask yourself.

This time around we encourage you to ask a few more pointed questions to see where this might lead you. Here they are:

  1. Have you or your loved one been involved in a fall recently? If you live in the Edmonton area as I do, this is not only a worry it’s a distinct possibility for about 5 months of the year.

  2. Are you finding it harder to bathe or use the bathroom facilities?

  3. Are you becoming more worried about being alone in the house and having in accident or a health issue of some kind for example a heart attack or perhaps fainting?

  4. Are you worried about the onset of mental or physical deficiencies for example:

62 Views, 0 Comments

Inevitably we all move. For people that have lived in their home for many years this decision become even more daunting as the years roll by.

Here is a list of simple questions that can be asked.

  1. Is there financial stress caused by living in your existing home?

  2. Is looking after the home and the yard becoming more a chore than a joy?

  3. Is the home in need of major outside or inside maintenance and updating?

  4. Are you rattling around in a large home and using less and less space for actual living?

  5. What about the stairs. Are they a bother?

  6. Has the quality of your neighbourhood changed? Is it better or worse than when you moved in?

  7. Does the location of your current home allow you to access the

75 Views, 0 Comments

Summerside on the southern edge of Edmonton Alberta remains one of the most popular communities for first time buyers, families and downsizers. We are pleased to present this well priced home for sale. Click here for details: 7031 22 Ave SW Edmonton.

To see ALL single family homes for sale in Summerside click this link: ALL Summerside homes for sale.

 

 

66 Views, 0 Comments