Vital Home Realty Blog - For Home Sellers

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Why Edmonton’s South End is Still a Hotspot for Smart Real Estate Investments

Despite a quieter market seasonally, Edmonton’s south end is experiencing an impressive growth surge that’s making it one of the most promising areas for real estate investment. Neighborhoods like Windermere, Chappelle Gardens, Allard, and Heritage Valley are buzzing with new developments, modern amenities, and a lifestyle appeal that’s attracting families, professionals, and investors alike. Here’s why these areas are truly “worth every penny” and why buying now could be the smartest move you make.

1. Expanding Infrastructure and Amenities

The south end of Edmonton is rapidly transforming with new infrastructure projects designed to support its growing…

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Edmonton Real Estate Market Update – October 2024: What You Need to Know for Your Next Move

The Edmonton real estate market is buzzing with activity in October 2024, and whether you're a homebuyer, seller, or real estate investor, now is the time to understand the trends that are shaping the market. At Vital Home Realty, we’re your trusted Edmonton real estate experts, guiding you to make smart decisions and seize the best opportunities.

Current Edmonton Real Estate Trends in October 2024

As we move deeper into the fall market, Edmonton’s real estate sector remains stable and dynamic. We’re seeing consistent activity across both residential and investment properties, with a few notable trends:

• Home Prices: The average price for a single-family home in Edmonton is $480,000, showing a steady year-over-year growth. Condos are…

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3 Quick & Easy Ways to Get Your Home Ready to Sell in 2024

3 Quick & Easy Ways to Get Your Home Ready to Sell in 2024

The market for single family homes & condos is predicted to be HOT during the spring of 2024. However, the often-daunting task of preparation is necessary to ensure the highest sales price.

Here are 3 quick & easy ways to get started.

1. Wash & paint the front door

As a buyer walks up to your home it’s important to create a great first impression. Nothing says ‘don’t buy me’ faster than a dirty unkempt front door. Consider giving your front door a good wash. If you have time, a fresh coat of paint will make a huge difference to your home’s ‘welcome factor’.

2. Declutter the front entryway

Have you heard of the ‘the rule of the first 5 seconds?’

Your buyer may decide to…

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How to Sell a Home Now & Move Later!

How to Sell a Home Now & Move Later!

Do you know of someone that would really like to sell a house or condo but is putting it off until the spring?

Perhaps you would share this information with them?

Would you enjoy the certainty of selling your home on your terms without actually moving?

Would it be helpful to pull your equity out of your home or condo to pay off urgent debts?

Are you uncomfortable selling your existing home before you have a new one selected?

Would it help if you knew exactly how much money you have to invest in your next home?

Why not take the pressure off?

Consider a sale & leaseback.

How would this work?

Sell your home to a buyer today at a certain price & with a possession date in the mid to long…

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One Way to Add Value to Your Home in Under an Hour

One Way to Add Value to Your Home in Under an Hour

If you or someone you know is thinking about selling a home or investment property, the thought of preparing it can be daunting. Here is one simple fix that has many benefits during that crucial first 5 seconds when a potential buyer visits your home.

You can read more here: The First 5 Seconds.

Washing and painting your front door can take less than an hour. And it brings so many benefits.

A clean, freshly painted front door is important because it:

1.      Creates a positive first impression.
2.      Enhances curb appeal.
3.      Increases perceived value.
4.      Establishes an emotional connection.
5.      Signals good maintenance.
6.      Provides a competitive advantage.
7.     …

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Whats Happening to Interest Rates in September 2023?

Whats Happening to Interest Rates in September 2023?

Yesterday the Bank of Canada elected to hold the ‘overnight rate’ to 5 ¼ percent.

This is great news for home sellers and buyers.

Buyers can enter the market with certainty and confidence.

Sellers should consider listing their homes for sale now knowing the ‘pre-Christmas movers’ are about to get active.

If you need our help now we are standing by.

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3 Quick & Easy Ways to Get Your Home Ready to Sell in 2023

3 Quick & Easy Ways to Get Your Home Ready to Sell in 2023

For most of us selling a home is a daunting task. Here are 3 quick & easy ways to get your home prepared & ready to sell for full market value.

If you want to sell your home with a minimum of fuss & bother, here’s what I suggest you do:

1. Wash & paint the front door

As a buyer walks up to your home it’s important to create a great first impression. Nothing says ‘don’t buy me’ faster than a dirty unkempt front door. Consider giving your front door a good wash. If you have time, a fresh coat of paint will make a huge difference to your home’s ‘welcome factor’.

2. Declutter the front entryway

Have you heard of the ‘the rule of the first 5 seconds?’

Your buyer may decide to…

3276 Views, 0 Comments

What are the3 Most Popular Renovations in 2023?

Based on current trends, the three most popular renovations for home buyers are:

1. Kitchen Renovations:

A kitchen renovation is one of the most popular home renovations for home buyers. Upgrades to appliances, cabinets, countertops, and flooring can modernize the space and add value to the home.

2. Bathroom Renovations:

Another popular renovation for home buyers is a bathroom renovation. Improvements to the shower, tub, vanity, and lighting can make the space feel more luxurious and functional.

3. Outdoor Space:

Many home buyers are also looking for outdoor living spaces, such as patios, decks, and outdoor kitchens. These spaces can expand the usable square footage of a home and provide a place for relaxation and entertaining.

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Timing the Market. Is it Worth it?

Timing the real estate market can be a tempting strategy for both home buyers and sellers, but it comes with both pros and cons.

Pros of timing the real estate market:

1. Potential for a better deal: If you can accurately predict when the market is going to decline, you may be able to buy a home at a lower price. Similarly, if you can predict when the market is going to rise, you may be able to sell a home for a higher price.
2. Faster sales: If you time the market correctly, you may be able to sell your home more quickly. In a hot market, properties tend to sell faster, which means you may be able to close the deal and move on with your life sooner.

Cons of timing the real estate market:

1. Risky strategy: Timing the real estate market is…

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How to Establish a Home Sale Value in the Spring of 2023

This is one of the perhaps the most unique and interesting markets I have ever seen in my 20 plus years in real estate.

When we are advising potential home sellers or even buyers, we might look back at comparable sales prices for the last 90 days as a predictor, or perhaps current values. In some cases, we might look at a similar time frame, but a year back.

Pricing a condominium is pretty straightforward. Sales values are essentially flat and have been for several years. Establishing a price according to last month’s values, won’t be too far off.

Its single-family housing that is more complicated!!!!

Now that the first quarter of the 2023 is almost completed, we can understand the market better. Single family housing is closely tracking…

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