Edmonton Real Estate Market Update:

Getting your house in good condition before you sell can demonstrate pride in ownership and quite possibly get you a higher sale price for your home. A home that is visually appealing and in good condition will attract more potential buyers, particularly those driving down the street.

A good rule of thumb - try to view your home through a prospective buyers eyes. - Are the lawn and shrubs well maintained? - Are there cracks in the foundation or walkways? - Are the gutters, chimney and walls in good condition? - Are garbage and debris sorted out of sight? Strong curb appeal will lure potential buyers inside....then you have to live up to their expectations. there are lots of easy improvements you can make to your…

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Edmonton Home Sellers:

Walker Lake Estates Acreage Sold For 101% of Asking Price!

 

 Selling your Edmonton home is not an easy task and it is imperative that you seek the best Realtor for the job. There are many factors that go into selling a home, the property must be positioned properly on the Edmonton Real Estate Market and must be fit to sell in order to get the most amount of money possible in the least amount of time with little hassle to you the home seller and an Experienced, Qualified Realtor knows exactly what needs to be done to get the job done right the first time.

I listed an acreage for sale a short time ago in the community of Walker Lakes, just a few minutes outside of Edmonton. This home had been for sale with other…

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They say that hindsight is 20/20. When it comes to making one of the most important decisions of your life—buying a house—the more you can learn about what to avoid, the better. Here is a list of the top 7 regrets that haunt home buyers:

1. Not buying sooner. According to TD Canada Trust's First Time Home Buyers Report for 2012, 55% wish they had purchased a home sooner and not wasted money continuing to pay rent. Many people get stuck waiting for the 'perfect moment' to jump into home ownership and when they finally do, they realize that the process wasn't as daunting or risky as they thought. It doesn't take long for new home owners to see the benefit of their investment. And with mortgage rates so low, it's a great time to get in there and just…

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If your garden gnomes could speak, what would they say about you?

When you give guests directions to your place, do you describe your home as "the one with the half-dead elm tree and a canoe on the lawn?"

Or do you count down the days until it is warm enough to unveil your springtime spectacle that puts the Griswold's Christmas display to shame—complete with three-tiered waterfall and working windmill?

There's a reason why experts stress the importance of a home's curb appeal when an owner is preparing to sell. It really is about creating a good first impression. Even if you're not selling your home, when was the last time you evaluated your yard worthiness? 

Read on to determine whether or not your yard is a jewel in the community crown…

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Edmonton Home Buyers Tips:

While your low offer in a normal market might be rejected immediately, in a buyers market a motivated seller will either accept or counteroffer. Full-price offers or above are more than likely to be accepted by the seller, but there are are considerations involved: * Is the offer contingent upon anything, such as the sale of the buyers current home? If so, a low offer, even a full price offer, may not be as as an offer without that condition. * Is the offer made on the home as is, or does the buyer want the seller to make some repairs or lower the price instead?

* Is the offer all cash, meaning the buyer has waived all conditions including financing and property inspection? If so, then an offer at less than asking price…

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Edmonton Home Seller Advise:

It is extremely important to price your home according to current market conditions. Because the Real Estate Market is continually changing, and market fluctuations have an effect on property values, it's imperative to select your price based on the most recent comparable sales in your neighbourhood. A so-called comparative market analysis provides the background data upon which to base your list-price decision.

When you prepare to sell and are interviewing Real Estate Agents, study each agents comparable sales report (the data should be no more than 12 months old). If all agents agree on a price range for your home, go with the consensus. Watch out for an agent whose opinion of value is considerably higher than others.

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Edmonton Real Estate Market Advise:

The appraised value of a home is a certified appraisers opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process, appraisers fees range from $200-$300. Market value is what price the home will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, preformed by a Real Estate Agent. Either an appraisal or comparative market analysis is the most accurate way to determine value.

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