Edmonton Real Estate Blog

Oh, that dread — you wake up in the middle of the night to take a trip to the bathroom, but you know that cold tile will chill all the toastiness right out of your feet. Or you come in from a chilly football game longing to take a luxurious soak in the tub, but the thought of shedding your layers of fleece stops you in your tracks. Soon it will be that time of year when you want your bathroom to raise your body temperature. Here are 15 suggestions that range from something you can do in minutes for a few bucks to dream-space renovation ideas.

Add a cozy rug. A bath mat does not have to be a shaggy little rectangle. Add an Oriental rug to enjoy underfoot during fall and winter. The rich colors will warm up the look of the room as well.
Be sure to add a rug pad or rug tape that will grip the floor underneath any bathroom rug to prevent slips.

Blend beautiful natural materials. Soapstone sinks atop wood countertops add so much warmth to this bathroom. The look reminds me of the natural beauty of a rock outcropping in the woods.

Take a different approach to lighting. We tend to think there is a certain type of characterless light we need to choose for bathrooms, like those flush-mount “boob lights.” This is not true; open your mind and browse the type of lighting you would usually associate with a foyer or dining room.

If you are installing a hanging chandelier or pendant light in a bathroom, work with a licensed electrician who knows the codes inside and out. A chandelier cannot be within reach of someone standing in a bathtub full of water; the fixtures will also need to be properly grounded, and you’ll need a high ceiling.

Consider heated floors. One of the most luxurious things you can do to make your bathroom toasty in chilly weather is invest in radiant-heat flooring. If you are planning any renovations, learn more about what this entails and what the payoffs are.

If you don’t have room in the budget for such a large investment, talk to your electrician about installing a bathroom-safe heater you can turn on before your bath or shower. Again, I stress, working with licensed pros is a must; you don’t want to scrimp on safety with electronics in the bathroom.

Get your towels toasty. Heated towel bars add luxury to the bath, giving you a wonderful way to wrap up when you step out of a steamy shower.

Rev up the wall color. So many of today’s most beautiful bathrooms are crisp and white, but that’s certainly not a requirement. Whether working with wall coverings, paint or tile, think outside the usual bathroom color palettes if the thought of white marble leaves you cold.

With winter officially beginning on December 21 and holiday festivities around the corner, there is a lot to prepare this month! For those in cold climates, it’s time to begin thinking about snow and ice removal, blocking drafts and getting cozy indoors … and we can all use a good dose of Zen as the busy holiday season gets rolling. Here are 13 home tasks to consider adding to your list this month.

1. Put up holiday decorations. If you like to decorate for the holidays, now is the time! Dig out the Christmas lights and test them early in the month, so you have ample time to replace nonworking strands. Hang exterior lights, wreaths and swags, being sure to use only exterior-rated lights, and plug them in safely to an outside outlet if possible.

2. Plan for holiday home safety. With night falling earlier this month, and many people headed out of town, it pays to be extra safety-conscious — whether or not you are going anywhere. Always lock doors and windows, set your alarm system if you use one and keep the area around your house well-lit and your bushes trimmed back.

3. Simplify your holiday. Take a moment to sit down and really consider what you love — and don’t care for — about the holiday season. No one can do it all, and trying to accomplish too much only creates stress and disappointment. Pick your top three favorite holiday activities or traditions, and commit to doing them this month. Then list your three least favorite holiday activities and vow to skip them this year.

If you are feeling pressure from friends or relatives to keep doing certain things (i.e., baking a dozen different kinds of cookies), tell them that you are simplifying your holiday this year, and are focusing on the things you love most. Then invite them to share in something you do want to do, like going ice skating or drinking hot cocoa.

4. Add layers of warmth. Drape soft throws or thick sheepskins over chairs and sofas, and roll out plush rugs on your floors. Aside from being decorative, extra layers of textiles provide a wonderful boost of warmth in winter.

5. Add weather stripping and door sweeps as needed. Feel a draft? Don’t ignore it. Apply weatherstripping to the drafty area and your house will feel warmer right away. If the problem is cold air flowing in from under a door, what you need is a door sweep. Usually made from hard plastic, a door sweep attaches to the bottom of your door, closing the gap that lets cold air in.

6. Carve out your own space to get Zen. Boost energy and relieve stress during the holiday season by creating your own private space to meditate, do yoga or simply relax. Ideally, choose a sunny corner of your home where you can get a bit of morning sun.

7. Consider a backup heat source. If you live in a cold climate with regular winter storms that sometimes knock out power, it may be beneficial to invest in a woodstove or generator — something to provide backup heat if your regular heat source is unavailable. If a woodstove is your backup, be sure to stock up on plenty of firewood. If you decide to go with a generator, enlist a pro to teach you how to set it up and use it safely — when used improperly, a generator can start a fire.

8. Update your emergency kit and store it with your camping supplies. If you already have a household emergency kit, check the expiration dates on food and medications in it, and replace as needed. If you do not yet have one, get one! You may find many of your camping supplies helpful in an emergency, so consider storing your emergency kit and camping gear in the same (easily accessible) place.

10. Keep walkways clear of snow and ice. As we get further along in December, many folks living in cold climates will get their first snow. Be prepared by stocking up on snow shovels and ice melt, and store your tools where you can easily get to them during a storm. Just be aware that certain ice melting products can be harmful to pets and plants — read the labels carefully before buying, and try to keep products off of your lawn and garden beds.

11. Check your roof for ice dams. Ice dams are areas of built-up ice that can accumulate on your roof, potentially causing leaks when they melt. If you can safely reach them, break them up now to prevent future damage.

12. Knock snow from tree branches. Large amounts of snow can cause trees to lose branches, which can be especially dangerous if a large limb is positioned near your home. Use a long-handled broom or other tool to gently knock snow from branches.

13. Thinking about remodeling next year? Use downtime this month to begin creating ideabooks and scouting for pros, and have an initial discussion about the job.

Source: Houzz.com

We live in a world where information is available every minute of every day. Shown below is how often the terms economy or recession came up in media reports over the past five years. Note the intensity of coverage during the financial crisis of 2009. The height of headline frenzy came in March, 2009 in retrospect the bottom of the market, resulting in many investors exiting at one of the worst possible times to do so. The markets have subsequently risen by more than 50%. The bottom line? Short-term sound bites and news clips can cause us to lose sight of what’s important, and to take impulsive action when we need to remain calm.

Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher  
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

Planning a party or hosting overnight guests this holiday season? The preparation can be a lot to tackle all at once. That’s why we’re covering the prep one week at a time — so by the time the big day comes, much of your work will already be done. Below you’ll find tips on getting your home ready for company, from decorations to drinks.
Invest in decor that will last. Want to avoid running out at the last minute for flowers to decorate the tables? Try using either real or fake boxwood topiaries instead. They look chic and festive, but they’re not holiday-specific, so you can leave them out for months. Other long-lasting decor ideas: bowls of nuts in the shell; plain beeswax candles on a silver tray; pots of forced bulbs (they look fresh and beautiful even before they bloom).

Make room for coat storage. If you have a coat closet, coat tree or other space for coats in your entry, clear out your own coats and gear from the area so guests have space for their stuff. A unit with shelves or cubbies, like the one shown here, is great because there is also plenty of room for guests’ hats, gloves and umbrellas. If you are looking for something to add, try a simple garment rack. Racks come at all price points, hold a ton and can be used in the laundry room postholidays.

Stock the bathroom. It’s not glamorous, but there are two things every party-ready bathroom needs: t.p. and a plunger. Once you have those basics covered, it wouldn’t hurt to check your stock of pretty hand towels and soap. Have any bath product samples lying around? Spare toothbrushes? Gather them up and put them somewhere guests won’t miss it — on the sink, or in the guest bedroom for overnight guests.

Make a stain-fighting kit. Gather your favorite go-to stain fighters in a spot you can get to easily during a party, to prevent that red wine on the sofa from becoming a total disaster. Try using a travel-size toiletry kit to store smaller amounts of favorite cleaners in, so you can grab it in an instant. Store a stain-removal cheat sheet along with your kit so you always know which cleaning agent to choose.

Take care of music and drinks. Choosing music for your party can be surprisingly time consuming — put together a few playlists now, and you won’t have to worry about it later. Or pull out the vinyl collection and let your guests take turns playing DJ. Same goes for drinks: It’s not like they will go bad, so stock up now and that’s one less thing you’ll need to shop for later. Plus, when you’re not in a rush, you can take the time to shop around for the best deal … win-win!
Prep guest rooms. Fresh sheets and extra towels, a mirror, working bedside lights, curtains on the windows, a place to put a suitcase — check the basics off your list now so you won’t have to scramble when a guest is due to arrive. If your guest room shares space with a home office, now is also a good time to clear out the clutter … guests shouldn’t feel like they’re sleeping in an office.

Find extra space for overnight guests. Don’t have a separate guest room? Or need more than one? There are tons of options for squeezing in a comfortable extra bed. Store an air mattress in the closet and pull it out as needed. Or, for a more permanent option that blends with your decor, try a daybed or a sleek, modern sofa bed, like the one shown here.

Spruce up your entry, inside and out. It’s the first things guests see, so make sure it sets the right tone. In a cold climate, safety should be priority No. 1, so check that the porch lights are working and roll out a slip-proof doormat outside. Indoors, an extra-large rug will feel more generous than the typical postage-stamp-size version, and it can handle big groups who arrive (and stamp feet) at once. A place to perch on, a few plump cushions and a mirror are gracious touches to consider adding.

Source: Houzz.com

Over the past 40 years, the S&P/TSX Composite index has experienced 14 negative calendar return years.

As shown in the chart, in each instance, with only two exceptions, the following year saw the markets in positive territory. Further, these gains were solidified with 5 year double digit returns.

These results demonstrate the resilience of the markets, and that investors have typically been best-served by maintaining a long-term focus despite short-term market volatility.

Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher  
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

Think of your favorite room. Imagine its textures, colors and openings. Picture all of the objects that sit in it. Now take the walls away. What’s left? Does it still feel like a room? What elements are intact to distinguish it as a space?

Walls are arguably the easiest and most recognizable architectural elements that define a room. Let’s stretch this notion and identify other ways to perceive space. Consider the following tips to create your home’s spaces without relying on the typical vertical barrier for enclosure.

1. Level Change

There is no wall between this dining area and the adjacent space; a few steps differentiate the two areas. A level change can designate zones in an open plan and help to set up a hierarchy of spaces. A level change can also define a smaller area within a larger room. A sunken living room like this creates a relaxed and cozy atmosphere. The light wood flooring of this kitchen and the dark wood floor in the adjacent room merge on the steps and help the transition flow smoothly between the two spaces. Look up and you’ll notice that the ceiling changes in plane and material at the same point that the floor does.

2. Overhead Element

In this room there is a change in material at the ceiling level, while the flooring stays consistent. This material change is a smart visual way to delineate zones in a home with an open floor plan. If you can’t make a material change in your space, try using paint for a dramatic effect. Keep the color consistent from ceiling to wall to headboard — here a crisp line defines the sleeping area from the nearby window. For a cozy seating area, bring a portion of the ceiling down, as shown here. The color can stay consistent with this technique. Adding a few light fixtures further reinforces a change in scale and adds to the overall effect of this conversation zone. Use a surprising element suspended from above to illustrate a change in space. This hovering fireplace cuts through the upper-floor void and brings the focal point back to a human scale on the lower level, which could otherwise have been lost in the double-height space.

3. Structural Elements

A home’s structural elements can be used to define space too. These beams add another layer of architecture that is exposed in the vaulted ceiling. In homes, exposed structural elements are typically reserved for the roof and floor framing. But how about using cross bracing in front of translucent walls, as shown here? Walls don’t have to be solid and opaque. Steel posts with steel channels that frame the edges make up this floating overhead canopy. The zone below doesn’t rely on any full-height walls around it, so it feels protected yet open at the same time.

4. Screens

An easy way to add a privacy barrier near an entryway is to incorporate a room divider. This particular screen allows visual access to the front door with its transparent glass. The screen is a great way to create an architectural pause between here and the rest of the home. Mixing a steel frame and wood blocks resulted in a warm and contemporary insertion between the living and dining rooms here.

5. Flooring Material

Warm wood contrasts nicely with the dark, cool flooring of the kitchen and is an instant visual cue to a room delineation. Notice how the ceiling changes in plane at the same line where the flooring changes. Take the flooring up and transition it into the countertop for a more dimensional feeling, as shown in this compact kitchen. Get creative with your flooring material change to add character and vibrancy.

Defining a space without solid walls is best exhibited in a place with no walls at all! This patio relies on pavers versus landscaped areas to give it a sense of place.

Source: Houzz.com

Using a portfolio approach to properly diversify your assets can reduce the negative effects that any individual security or asset class may have on the performance of your portfolio. Financial markets don’t always move in the same direction. When stocks are rising, for example, bonds may decline in value. Similarly, different types of equities or even investment styles are more successful in some market conditions than others. By carefully diversifying your portfolio, we can reduce your risk and enhance your chances of successfully attaining your long-term goals.

Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher  
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

For this family of four in Ottawa, Ontario, the choice was change their 1960s home or move to a larger house in the suburbs. Their love of city life won out, so they put in some sweat equity, got help from handy friends and enlisted the pros at OakWood Renovation Experts to convert a bedroom into a second full bathroom and walk-in closet. “These clients like the old details mixed with the new,” says OakWood’s Tim Moore. Here’s how the home was adapted to give Mom and Dad their own relaxing bathroom that suited their minimalist tastes.
It took a village to help the family to turn a spare bedroom into their dream master bath. When the Oakwood team started its part of the work, they had a head start. “They are handy people, and to help them save money, friends and family in the trades installed all of the plumbing and electrical rough-ins,” Moore says. “We came in when the drywall was installed but not finished.”

If you’re thinking about a master bathroom renovation, there are lessons to be learned from this example, some geared toward minimalist tastes, some applicable to all styles.

Let the most beautiful materials stand out. Simple, straight lines and a pale palette on the walls and floors allow the beauty of the new Silestone countertop and custom tiger wood cabinetry to shine. Rather than breaking things up with a backsplash, the builders installed a custom-cut mirror that maintains the clean lines.

Take inspiration from the architecture. While the windows are new and more energy efficient than the old windows, their shape mimics the original. The new elements in the room take their cues from the classically modern, long horizontal lines of the windows, creating connections between old and new. Also, the wood trimwork around the windows is a great match for the new tiger wood vanity and tub surround.

Punctuate a light-colored room with a few dark accents. While the palette of the room is soft, light and relaxing, mosaic accent tiles add dashes of dark color for contrast. They also provide a visual connection between the tub area, the shower surround and the countertop. The accent tiles are a unique detail that reflect the owners’ personal style.

Float the vanity to keep things looking spacious. Those few additional inches underneath make the vanity seem lighter and extend the view of the floor. Just be sure to sweep underneath once a week.

Use clear glass to continue the unbroken, spacious look. The entire room enjoys a long view of the beautiful mosaic accent tiles in the shower surround. This reinforces the strong connection between the shower stall and the bathtub across the room. Remember, if you use clear glass, you’ll need to think carefully about how the shower surround relates to the rest of the room.

To save money, plan your layout accordingly. The placement of the shower here accommodates a standard-size, short-width swivel glass shower door, which saved big bucks over a custom-made one.
In a minimalist scheme, small details matter. While the floor tiles are laid out as a simple grid of squares, the vertical brick tile pattern on the shower surround creates a subtle contrast.

The dark center and simple modern style of the showerhead suits the room’s uncomplicated geometry. “Delta products are very affordable, and this particular collection has a very contemporary look,” Moore says.

Add personality with artwork. This piece, depicting classic midcentury modern homes, is a great match for the shape of the window and the colors in the tiger wood.

Source: Houzz.com

One of the most visible indicators of investor sentiment is daily market volatility. When indexes exhibit extreme moves as measured by +/- 1% price changes on any given day, it is likely that emotions (fear or greed) are driving investment decisions. Why? Because the fundamental value of a business does not change by 1, 3, or 5% in any given day, in this case the market is revaluing the enterprise not on fundamental value, but on emotion. As seen below, volatility by this measure increased dramatically at the end of 2008, as investor concerns over the future resulted in extreme price fluctuations. In contrast, volatility declined throughout 2009, suggesting a more fundamental approach to pricing assets.

Feel free to contact me or visit my website for more information.
Douglas J. Bodtcher  
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com