Edmonton Real Estate Blog

Acentury ago universal access to electrical power began to transform just about every manual kitchen chore as electric versions of them were created. Hand mixers became blenders. Wood-fired ovens were replaced by electric ones. Toasters and waffle irons were made possible by functional electrical outlets in the kitchen.

Today another revolution is dawning — this time the catalyst is wireless connectivity. Wi-Fi enables kitchen devices to be more intelligent, automatic and remote controllable — usually with a smart phone.

Here are three new categories of kitchen device greatly improved by Wi-Fi connectivity.

The Chop-Syc is an interactive touch-screen cutting board, an idea that’s more practical than it sounds. It was invented by Siobhán Andrews, who won Sharp’s #GetItDownOnPaper design contest with it.

The device functions as an ordinary chopping block. Hilariously, while you’re cutting up vegetables and whatnot, the screen shows a wood-grain image by default. (You can change it.) But when you look up recipes, the cutting board becomes an Internet-connected touch screen and interactive cookbook. It also doubles as a kitchen scale.

Some of the innovation is in the software. The device emphasizes portion control. So you can bring up a recipe for five people and specify that only three will be eating, and the software will recalculate all the ingredient measurements. It will even display a circle on the screen to show you how much dry spaghetti you’d need.

The reason an interactive touch screen is practical is that kitchens are great places for big-screen, interactive computers. But countertop space is often scarce. The Chop-Syc combines the cutting board with the computer, giving you a nice big surface for both.

Sharp has hinted about its intention to bring the Chop-Syc to market.

Still available only in Korea, two ovens enable the use of a smart phone as an oven remote control.

One, LG’s Lightwave Oven, enables users to set cooking times and temperatures by phone — Android only. The oven itself offers multiple ways to cook food, including halogen light technology, a microwave, a grill and a convection feature.

LG plans to sell the oven outside of Korea at some unspecified time in the future, at an unannounced price.

The second smart oven, Samsung’s Zipel Oven, connects via Wi-Fi to an Android smart phone. The oven bakes, steams and even microwaves food.

The app that comes with the Zipel has 160 dishes preprogrammed for one-button cooking. You can also control some features by voice command. And it will even read out recipes as step-by-step instructions.

The Zipel Oven is not yet available outside of Korea.

Source: Houzz.com

To View & Search All MLS Listed Houses for Sale Visit Us At:
www.EdmontonHomesforSale.biz

Serge Bourgoin
Senior Managing Partner
Team Leading Edge
RE/MAX ELITE
780-995-6520

So you’ve decided to get hardwood floors. Easy enough, right? Pick a wood and be done with it.

Not so fast. There are a lot of factors that will determine what kind of hardwood floor your home can accommodate, and what will look best with your existing or planned furnishings and decor.

You have some basic options: solid wood and engineered wood. Solid wood is what you generally think of as a hardwood floor: thick, solid planks of wood. Engineered wood is made of a veneer layer that sits atop a core of plywood. This construction deals with moisture a bit better and is recommended for concrete slab subfloors. Which brings up another point. The construction of the floor you’re working with pretty much will dictate what kind of wood you can use.

Here’s how to prepare yourself for choosing a hardwood floor for your home.

1. Where will the wood be going?

Installing hardwood floors on a second story is much different than doing so in a basement. A space beneath ground level is what’s known as below grade. A floor that’s even with the outside ground level is on grade, and any floors above this are above grade. Where you’re installing the wood will limit your recommended options.

“For example, you’re not supposed to put solid wood below grade, because the moisture coming up through the ground can cause problems,” says Bob Hagen, who owns Magnus Anderson Hardwood. “So an engineered wood is recommended.”

2. What is the subfloor made of?

Find out what kind of subfloor you have. The three most common types are concrete slab, plywood and particleboard. This will help you determine whether you can install solid wood floors, or if an engineered wood would be best.

Concrete. “If you have a concrete slab floor, you’re pretty much limited to engineered wood,” says Andrew Zheng, manager of Unique Wood Floors, which specializes in and ships prefinished hardwood. But don’t fret. You can still get any type of wood in an engineered format. And the thickness of the veneer on engineered wood varies. Higher-end engineered woods “are no less than solid woods in performance and price,” Zheng says.

(Note: Even the hardest woods, such as Brazilian cherry and hard maple, will ding on an engineered floor if the plywood onto which they are veneered is soft, like lauan, which is a commonly used base.)

Another option is to install plywood over the concrete, but you’ll have to pay for the additional plywood, insulation and labor. “Most people just choose to stick with what they have,” Zheng says.

If you’re still not sold on the engineered product, Hagen says there’s a way to still have solid wood on a concrete slab (as long as it’s on grade). It just needs to be glued down, preferably by an experienced professional.

The downsides are that you need completely flat boards (hard to come by in longer lengths), and the glue is so strong that there’s a permanency to it. “If you have a leak or a flood, getting the material up is incredibly difficult,” Hagen says. “You’ll also want to check the VOCs [volatile organic compounds, which are toxic] in the product. And we ask clients about any chemical sensitivities.”

Plywood. This is probably the most common subfloor and allows for the most versatility with hardwood floors. You can nail solid wood on top or use engineered wood.

Particleboard. This material was commonly used under carpet in homes built in the 1970s. It’s basically a cheaper version of plywood. For hardwood floors, you’ll need to replace the particleboard with plywood. Then you can add engineered or solid wood.

Cooler days are here and I wanted to share with you tips that help lower your energy bills even in cold weather. Take the eco-challenge for a chance to win new appliances!

Plus, see how you can personalize your home financing plan using the STEP strategy.

Lillian Le

Home Financing Advisor
lillian.le@scotiabank.com
780-668-6811

Many Canadians are pleased to receive a tax refund each spring, but what if you had that money to spend each month when you really needed it and were able to contribute more to your annual RRSP contribution at the same time? The concept of Dollar Cost Averaging has been around for many years. Essentially, investors who practice this investment strategy make fixed dollar investments on a regular basis. If used for regular monthly RRSP investments, this strategy can translate into potentially better returns, increased ability to save and a boost in take-home pay.

Feel free to contact me or visit my website for more information.

Dividend and interest income are two common sources used to satisfy an investor’s cash flow needs. The Investors Dividend Fund (IDF) aims to provide above-average income yield, protect the value of its investments and achieve long-term  capital appreciation. The objective for a GIC is generally to preserve capital while distributing interest income at a fixed rate. Determining which investment alternative is the right fit should be consistent with your comfort level with market
risk and your after-tax income objectives.

Feel free to contact me or visit my website for more information.

A house is the biggest asset that the majority of Americans will ever own. But while most of us delude ourselves into thinking that we actually know something about real estate, the truth is that few of us have any idea what we’re talking about.

It’s for this reason that I solicited the advice of several highly respected real estate professionals to help our readers navigate the process of both buying and selling their homes. What follows, in turn, are five things that most homebuyers should know, but don’t.

1. When you buy a home, you’re making two purchases
Of all the advice that I came across, this was probably the most insightful: “When you buy a home, you actually are making two purchases,” Dave Ness of Denver’s Thrive Real Estate Group told me. “You are buying the home, and you are buying the money to buy the home.”

It’s tempting for homeowners to think of a mortgage as an incidental expense. But the reality is that the loan itself may be the most significant piece of the transaction.

“For every 1% rise in interest rates, home prices must fall by 10% in order for you to maintain the same monthly mortgage payment,” Ness says. “And at the end of the day, that’s what matters, the monthly payment. So take advantage of low rates; they add much more buying power to your purchase than low prices.”

2. Homes are like people — they all have problems
This was a point multiple real estate professionals that I spoke with made. “All houses have issues,” Hilary Bourassa of Portland’s Oregon First Real Estate told me. “Some just have more than others.”

The shock generally comes when prospective buyers get their inspection reports back. “Inspectors are professional pessimists, which is why we love them,” Bourassa said. “But many issues only require simple and/or inexpensive fixes.”

Along the same lines, Ness analogized the experience to “when someone knocks over the DJ table at a wedding and the music stops.” All of a sudden, the bliss from going under contract goes away.

“Most inspection reports will be 40 to 50 pages long, and most inspectors will take close-up, HD photos of problems,” Ness went on to note. “So while the actual listing shows gorgeous pictures of granite countertops, the inspection report will show awful pictures of a cracked driveway. By the end of the report you’ll be thinking, ‘This house is a total and complete lemon.'”

3. Your real estate agent is a partner, not a salesman
My industry sources were obviously biased on this point, but there’s a lot of truth to what they said.

“Your Realtor should be focused on helping you find a great property, not selling you something,” Bourassa advises. Before settling on one, she urges homebuyers to “interview at least a few in order to find the fight match.”

The flipside of the coin is that you, too, are a partner in the relationship. And that means knowing and respecting the boundaries.

“Sometimes clients forget (particularly first-time buyers) that Realtors have other clients and lives outside of work,” Ness says. The key is to make sure that both parties have a clear understanding of communication expectations.

“What is their normal response time? How much lead time do they need to arrange showings? What medium of communication is best — text, call, email, or something else?” These are the types of questions that Ness encourages homebuyers and real estate agents to settle at the outset.

4. HGTV does not resemble reality
My wife and I love to watch cooking shows. We’ve watched so many, in fact, that we’ve deceived ourselves into believing that we could actually compete on them. Of course, given the opportunity, we would most certainly — and I do mean “most certainly” — crash and burn in the most humiliating fashion.

And the same can be said about the proliferation of “realty” television shows on real estate — think HouseHunters, Flip That House, Holmes on Homes, Property Virgins, and Property Brothers, among others.

“The reality is, hundreds of hours or footage is shot and edited down to a 16-minute show (when you take out the Lowe’s commercials),” Ness pointed out. “Yes, they’re real buyers, but you don’t see the half of it. So don’t think you’re going to waltz into your market and find the perfect house right away, beat out all the other offers, and then walk into the sunset with your significant other. Finding a home can be tough, and take time.”

Ness’ advice? “Gear up for the homebuying process. It’s worth it, but it ain’t Hollywood!”

5. Always think about resale
This final piece is something that all people buying assets should always keep in mind: At some point you’re going to resell it and will want to maximize what you eventually get.

“When you’re buying your home, you’re probably not thinking of the day that you will have to sell it,” Bourassa said, “but you will be thanking yourself one day if you remember three little things … location, location, location!”

The bottom line
Most if not all of us will buy at least one house in our lives. With that in mind, you should save yourself the trouble of making the same mistakes that most of your peers will. Take these five pieces of information into consideration. You’ll be doing yourself a favor if you do.

Source: Wikimedia Commons

Oodles of time and research go into designing corporate workspaces, but home offices are different. People creating office spaces for themselves usually don’t have access to all of the studies that have been done to determine what design aspects allow them to work best.

Research from the social and physical sciences has shown that anyone can create a home office that allows for more productivity. Try these 7 tips to see if they work for you.

1. Look at nature or water. Whoever’s working at this desk has a great view of nature, which is important, because looking at green, leafy scenes helps us destress and restocks our mental energy, something that gets depleted when we perform knowledge work. No nature to look at? Add a fountain with burbling water outside your window, if possible. Even three or four green, leafy plants in your field of view are better than nothing.

2. Use unpainted wood. Seeing wood grain while working calms us in the same way that nature views do.

3. Stare into the distance. Most people stare at computer screens and cubicle walls all day. But it’s important to look up from your work and stare several yards into the distance. This allows your eyes rest. The 20-20-20 rule — every 20 minutes stare at something 20 yards away for 20 seconds — can help reduce eye strain.

4. Use reconfigurable furnishings. Control of our environment has been linked to improved professional performance. This means leaving yourself options to rearrange things and move around as you work. A rolling chair and multiple work surfaces will give you the freedom to switch positions and manage tasks more efficiently.

6. Paint the walls green. Seeing greens on surfaces has been linked to thinking creatively. The sage color on these walls is pleasant and energizing enough to optimize performance. The red flowers have to go, however. Seeing even a small amount of red, even briefly, diminishes performance on analytical tasks, according to recent psychological research.

7. Show yourself the door. Whenever possible, you should have a view of the door to the room in which you’re working (along with that nature view). We humans tend to get a little on edge if we can’t be sure that someone’s not creeping up on us — and that distracts us from the work at hand. Combining both is tricky, however. When you must choose, choose to look outside.

Source: Houzz.com

Nothing beats the ambience of a wood burning fireplace – cozy heat, beauty, and that familiar, inviting crackle. However, traditional wood burning fireplaces require specialized masonry construction, a fair amount of space, and often additional structural support due to the heavy weight of materials used. For new construction or remodels, homeowners can consider the alternative of zero-clearance fireplaces, which are available in wood burning, gas, or even pellet burning versions.

Zero-clearance fireplaces that burn fuel (as opposed to electric models) require special ventilation systems for safe and efficient operation. However, these fireplaces can be installed almost anywhere in the home. Unlike traditional masonry fireplaces, zero-clearance fireplaces can be located very close to existing walls. The exteriors of these units do not get hot enough to ignite nearby combustible materials like walls or floors, so a brick or masonry hearth or firebox isn’t needed. This flexibility of placement means a master bedroom, den, or even a kitchen can take on a newly inviting atmosphere with the addition of a fireplace. Available in many different sizes and styles, zero-clearance fireplaces can be customized after installation with mantels, surrounds, and doors to suit any room’s décor. In addition, many models are quite energy efficient compared with traditional wood burning fireplaces and are appropriate for heating a room.

Another alternative to masonry fireplaces is a prefabricated type. Prefabricated wood fireplaces are wood burning units that look like traditional fireplaces, but don’t require the structural support that masonry does. The firebox is typically metal and lined with firebrick, and the venting system is metal as well. As a result, these fireplaces are considerably less expensive to install than a masonry unit, and are more efficient. Typically, these types of fireplaces are not used for heating but to provide the experience of a masonry unit without the expense. Like zero-clearance fireplaces, prefab units can be given a unique look with mantels, surrounds, doors and hearths in almost any material imaginable.

As winter fast approaches, these masonry alternatives may be the perfect fit for homeowners seeking the look, warmth and feel of a traditional fireplace without the inherent expense and limitations. Stay warm and cozy this winter!

Source: Pillar to Post Home Inspectors

The efficient frontier identifies the combination of assets that are expected to achieve the highest return for a given level of risk – meaning they are most efficient in terms of their risk/return characteristics. Since 1950, investing in fixed income has generally reduced investment risk. However, the stability of this asset class also lowers the long-term growth potential. Canadian equities have produced the necessary asset growth to achieve long term investment objectives. Even conservative investors should allocate at least 30% of their portfolio to equities. The expected outcome is enhanced investment returns with similar levels of investment risk over the long term.

Feel free to contact me or visit my website for more information.