Archive for the ‘Real Estate’ Category

Reduced! – Upgraded and Renovated 4 Level Split in South-East Edmonton

Wednesday, March 31st, 2010

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**Reduced!**

 View the virtual tour here: http://www.youtube.com/watch?v=F8YrGcwqZ3o

Welcome home! This beautiful brightly lit 4 level split has been nicely upgraded and is perfect for your family’s next home.  This home features a NEW kitchen including new dishwasher, cabinets, countertops, fixtures, flooring, and breakfast nook.  Lots of natural light from the large windows in the living room.  The formal dining area is great for entertaining and has track lighting.  Renovated upstairs bathroom.  Fully finished basement with large family room and woodburning fireplace, full bathroom, and bedroom.  Large landscaped fenced pie lot with deck.  Located on a quiet cul-de-sac with other families.  New shingles and hot water tank.  Close to both public and Catholic schools, many parks, shopping, and more.  What else can you ask for? Pack your bags and welcome home!

1047 SqFt                 4 Level Split

4 Bedrooms           2 Bathrooms

$314,888          MLS: E3213579

If you have any questions please call Team Leading Edge at (780) 634-8151

To view more pictures click here

Is the Edmonton Real Estate Market Stabilizing?

Tuesday, March 30th, 2010

team-leading-edge-logo3

Well it is appearing that the Edmonton real estate market might be stabilizing.  As of this morning there were 2,240 single family homes for sale in Edmonton proper.  That is an increase of 113 homes over last week.

In the past 30 days there were 661 single family homes sold in Edmonton proper.  That is an increase of 42 homes sold over what sold in the previous 30 day period.  That will give us a listing to sales ratio of 3.39:1, which is slightly better than last week, but I would be cautious to think valuations are going to rise again.  I think we are going to see more stabilization at this time unless we start seeing the ratio drop further in the coming weeks.

Please call me if you have any questions about this, or anything else related to Real Estate.

I would love to help you out. (780) 634-8151 

Serge Bourgoin, Founding and Managing partner of Team Leading Edge at RE/MAX Elite 

Team Leading Edge… Leading the way with extraordinary service

Five Tips for a Successful Home Remodel

Tuesday, March 23rd, 2010

Remodelling

WASHINGTON, March 10 – As spring approaches, many home owners grow eager to start remodelling projects to update and refresh their surroundings. Before getting started, it’s a good idea to hire a professional remodeler for a workable plan and better results, according to the National Association of Home Builders (NAHB).

“A professional remodeler knows how to translate a home owner’s dreams and budget into a beautiful reality,” said Donna Shirey, CGR, CAPS, CGP, President of Shirey Contracting in Issaquah, Wash. and 2010 chairman of NAHB Remodelers. “They have the expertise and skills to satisfy a customer while keeping the budget in check.”

 
Here are five tips for planning a successful home remodel that you can enjoy for many years to come:

1. Compile a list of home remodelling ideas and draft a budget for the work. You likely have some projects in mind, such as modernizing the bathroom, renovating the kitchen, replacing windows or repairing the roof. Prioritize your wish list: Maybe you don’t have the budget for your dream remodel, but professional remodelers can maximize your dollars by doing the work in phases, suggesting budget-friendly products and materials, and implementing creative design solutions.

2. Look for a professional remodeler to help plan the project. Start by searching NAHB’s Directory of Professional Remodelers at www.nahb.org/remodel. You’ll get a list of nearby remodelers to contact. Asking friends and neighbours for names of qualified remodelers will also help you find a match for your project.

3. Check the references and background of the remodeler. After you start speaking with remodelers and find one or two who match your project’s needs, be sure to conduct some background research by checking with the Better Business Bureau, talking to their references, and asking if they are a trade association member (such as NAHB Remodelers). Remodelers with these qualities tend to be more reliable, better educated, and more likely to stay on top of construction and design trends.

4. Agree on a contract. Talk over the details of the home remodelling project and begin reviewing the contract. You’ll want to check the remodelers’ insurance coverage, ask about any warranties on their work, know who is responsible for obtaining any building permits, and understand the process for making any change

5. Take advantage of the energy efficiency tax credits. If your remodel includes replacing windows or doors, adding insulation, installing new roofing, upgrading heating or air-conditioning units, updating the water heater, or installing energy generating products (such as solar panels, heat pumps, or wind turbines) then you can take advantage of federal energy efficiency tax credits through 2010 that will help defray costs and maximize your remodelling budget while reducing home energy bills. (Learn more at www.nahb.org/efficiencytaxcredit.)

 

For more tips on planning a home remodel or hiring a professional remodeler, visit www.nahb.org/remodel.

Source: HGTVPro.com

Edmonton Real Estate Statistics – March 22, 2010

Monday, March 22nd, 2010

Team Leading Edge

As I anticipated, the trend is continuing.   The number of listings coming on the market is outpacing the number of sales.  As of this morning there were 2,127 single family dwellings in Edmonton proper on the market an increase from last week’s inventory level of 2,003. 

In the last 30 days we had 615 single family dwellings sold in Edmonton proper.  That number is actually down from last week’s number of sales of 619. 

This gives us listings to sales ratio of 3.46:1 up again from last week’s ratio of 3.24:1.  So the pressure for valuations to rise is easing and could very well go the ratio of 4:1 very soon.  If we break that we can start seeing valuations drop. 

Please call me if you have any questions about this, or anything else related to Real Estate.

I would love to help you out. (780) 634-8151 

Serge Bourgoin, Founding and Managing partner of Team Leading Edge at RE/MAX Elite 

Team Leading Edge… Leading the way with extraordinary service

*Open House!* South-East Edmonton!

Thursday, March 18th, 2010

39 Kiniski Cres

**Open House!**

39 Kiniski Cres

Sunday March 21

1pm – 4pm

 View the virtual tour here: http://www.youtube.com/watch?v=F8YrGcwqZ3o

Welcome home! This beautiful brightly lit 4 level split has been nicely upgraded and is perfect for your family’s next home.  This home features a NEW kitchen including new dishwasher, cabinets, countertops, fixtures, flooring, and breakfast nook.  Lots of natural light from the large windows in the living room.  The formal dining area is great for entertaining and has track lighting.  Renovated upstairs bathroom.  Fully finished basement with large family room and woodburning fireplace, full bathroom, and bedroom.  Large landscaped fenced pie lot with deck.  Located on a quiet cul-de-sac with other families.  New shingles and hot water tank.  Close to both public and Catholic schools, many parks, shopping, and more.  What else can you ask for? Pack your bags and welcome home!

1047 SqFt                 4 Level Split

4 Bedrooms           2 Bathrooms

$314,900           MLS: E3213579

If you have any questions please call Team Leading Edge at (780) 634-8151

To view more pictures click here

*Just Listed* 2 Bedroom Townhouse in South-East Edmonton

Tuesday, March 16th, 2010

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*Just Listed!*

 

Nestled against the scenic Mill Creek Ravine this 2 bedroom bungalow townhome has plenty to offer.  The bright living room features a large window, track lighting, and a corner gas fireplace – great for entertaining.  The kitchen has plenty of cupboards and counterspace, and looks very clean with matching black appliances including a dishwasher for convenience.  The kitchen overlooks the dining area, which offers more track lighting.  Down the staircase with glass panel inserts you will find the master bedroom with walk-through closet and 4 piece ensuite.  The second bedroom also has a walk-in closet and is spacious.  On the lower level you will find room for your computer desk, as well as the laundry room.  This townhome features a maintenance free duradeck with glass pane railings, as well as 2 assigned parking stalls directly outside of the unit.  Close to many amenities and walking trails.  Welcome home!  All measurements and information to be verified by purchaser.

671 sq.ft.                           Townhouse

2 Bedrooms                        2.5 Bathrooms

Price $229,900                    MLS#: E3214946

 

For more pictures view at http://www.FindMyHouse.ca/   

 

Call us at (780) 634-8151

 

Team Leading Edge… Leading the way with extraordinary service!

 

Serge Bourgoin

Re/Max Elite

(780) 406-4000

*Just Listed* Walk-Out Custom Built 2 Storey in West Edmonton!

Tuesday, March 16th, 2010

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*Just Listed!*

 Beautiful 2 storey custom built Landmark Home with walkout basement with views of the lake and fountain. As you walk in to this brightly lit, spectacularly clean, home you immediately realize its wonderful layout. Enjoy having company over while you entertain them in the living room with gas fireplace, or if you’d wrather have movie nights with friends there is a large bonus room with vaulted ceilings overtop of the double attached garage. The big bright kitchen boasts lots of maple cabinetry and counter space, a large centre island, and an eating nook overlooking your maintenance free deck with view of the lake. Main floor laundry gives you that extra convenience you’ve been looking for. Upstairs you will find 3 generously sized bedrooms, full bathroom, as well as the large bonus room. The spacious master bedroom features a 4 piece ensuite, complete with soaker tub and seperate glass-pane shower stall. Great quiet location close to Whitemud & the Anthony Henday. Buyer to verify all info and measurements.

 

1931 sq.ft.                           2 Storey 

3 Bedrooms                        2.5 Bathrooms

Price $474,900                    MLS#: E3214908

 

For more pictures view at http://www.FindMyHouse.ca/   

 

Call us at (780) 634-8151

 

Team Leading Edge… Leading the way with extraordinary service!

 

Serge Bourgoin

Re/Max Elite

(780) 406-4000

Edmonton Real Estate Statistics – March 15, 2010

Monday, March 15th, 2010

Well as I expected to see the inventory level is starting to creep up as we get deeper into our spring marketplace.  As of this morning there were 2,003 single family dwellings listed on MLS in Edmonton proper.

In the last 30 days there was 619 single family dwellings sold in Edmonton proper also an increase from last week’s totals.  This however gives us a listing to sales ratio 3.24:1 which is an increase from last week’s ratio of 3.06:1.

This is not a trend that I am liking to see at the moment as that ratio get closer and closer to 4:1 then we wiil see the market become neutral.  If the ratio goes over that number then we might even see valuations drop again.

With the new mortgage rules coming into effect on April 19, 2010, and the potential for an interest rate increase shortly that might negatively affect the market.

If you a buyer you will want to get approved and buy before the April 19, 2010 mortgage rule changes as it will reduce the amount of mortgage you will be able to get.

New home prices climb again in January

Thursday, March 11th, 2010

OTTAWA (Reuters) – New home prices in Canada kept climbing in January, rising 0.4 percent from the previous month as expected, according to Statistics Canada on Thursday.

On a monthly basis, the housing-only component of the new housing price index rose by 0.5 percent and the land-only component edged up 0.1 percent.

New home prices firmed 0.1 percent in January from a year earlier, the first year-over-year rise since December 2008.

Despite nationwide gains, prices have been falling in Western Canada, which saw huge price spikes prior to the recent economic crisis.

“Declines slowed in most of Western Canada’s metropolitan regions as new housing prices returned to the price levels observed prior to the highs registered at the end of 2007 and the beginning of 2008,” Statscan said.

The Canadian housing market slumped during the recession last year but never underwent a U.S.-style collapse. Strong sales and price gains in recent months have led to worries of a made-in-Canada housing bubble and prompted the government to tighten mortgage lending rules in February.

Source: Reporting by Louise Egan; Editing by James Dalgleish – MSN Money

Just Listed – Executive Downtown Condo

Wednesday, March 10th, 2010

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Least expensive unit in the building! Welcome the prestigious architecturally designed luxury highrise – The Illuminada II tower built in 2008.  This one bedroom condo boasts the finer things in life – a modern open layout corner unit with floor to ceiling low-e windows accompanied by custom designer blinds, a private balcony with views of downtown, and a highly secure triple-fob based building with access only to your floor.  9 foot ceilings and rich walnut hardwood flooring grace this home, with high-end finishes, Kohler fixtures, and high-end stainless steel appliances. A gas fireplace adds character and depth to any conversation, while you can also keep cool with the central air conditioning. Enjoy the convenience of in-suite laundry and storage, heated underground parking with storage locker, and being steps away from downtown and the river valley! Your visitors also have secure heated underground parking.  All this PLUS low condo fees. Information and measurements to be verified by purchaser.

678 sq ft                                        Condo

1 Bedroom                              1  Bathroom    

Price: $299,900  

For more pictures click here

Call us at (780) 634-8151

Team Leading Edge…

Leading the way with extraordinary service!

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.