Edmonton Real Estate Blog

Finally, June is here!

The last month of the 2nd quarter is upon us and with this, we want to remind our awesome clients and readers 8 reasons why working with an Edmonton real estate specialist is most beneficial when buying or selling properties.

C’mon! time to put a smile to that face and find out how you can make your real estate life easier!

1. Agents help sell your present Edmonton home while searching for your next Edmonton dream home at the same time.

2. 50% of Edmonton home sellers that go FSBO (For Sale By Owner) wind up selling for a much lower price than the average.

3. Your Edmonton real estate specialist will do all the administrative work.

4. Realtors will guide you in the legal prerequisites of buying and selling an Edmonton home.

5. The Canadian law binds Realtors to serve as your fiduciary agent.

6. Has access to for sale listings that are not available to the public.

7. +15% is the added price value of homes listed by Realtors vs FSBO.

8. Realtors are masters in the art of price negotiations.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

The Edmonton real estate market just got better with this new addition to the team.

The presence of Randy Fedirchuk will help provide the much needed firepower to service the ever growing demand of Edmonton home buyers and sellers this 2016.

You can expect more homes sold and more Edmontontians become genuine homeowners with the help of Randy.

To know a little bit more about Randy:

Appreciated by his peers, friends and family for his hard work, integrity, class act, patience and honest understanding of people’s needs, Randy demonstrates enduring commitment to his clients and the services he provides.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

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1. AVOID PUTTING REPAIRS ON HOLD. FIX ‘EM ASAP!

Repairs should be done as soon as possible, don’t make the same mistake other Edmonton home sellers did when they planned for repairs ONLY AFTER they listed their homes in the MLS. That simple mistake cost them to lose a significant amount of profit. When potential home buyers started coming in, the sellers didn’t have enough time to make proper repairs, which the buyers took advantage of and hedged low-ball offers based on that mistake. Ouch!

2. AVOID AUTOMATED APPRAISALS

Never ever base your selling price on automated appraisals. There are plenty of websites offering free price estimates for home sellers, the figures they churn out are often misleading. Following them can cause your home to be mispriced way above or too low from its true fair market value. To properly determine the selling price of your home, work with the most reputable Edmonton real estate specialists.

3. AVOID A FILTHY & DISORGANIZED HOME

Make your home as neat, orderly and hygienic as quickly as possible. From the exterior: front & back lawn & roof top to the interiors: kitchen, bathrooms, bedrooms & basements, all of these places should be deep cleaned! If you don’t have to do it yourself, hire professional cleaners.

4. DON’T FORGET THE CURB APPEAL

You have to make this extra special. Just like the first time you went on a date, the facade of your home should look extremely good. First impressions last, so your date, or in this case, the potential home buyer should get attracted to the property the first time s/he ever sees it.

5. AVOID WORRYING TOO MUCH

Yes, yes, selling an Edmonton home can be quite challenging, both mentally and physically but that doesn’t mean you have to stress yourself too much. The universe made Realtors to save you from all stress related to real estate. Work with your Realtor to make your life easy.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.
For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

LOOK FOR A WORTHY COMPARISON
Pinpoint Edmonton homes that have sold in your neighborhood or city over the last 2 months that bear similarity to your Edmonton property. This is where your research skill will come in handy.

CHECK THE AVERAGE DAYS ON MARKET
If you have a restricted amount if time to sell or that you are in a rush, it will be beneficial to analyze the average days on market (See Team Leading Edge Edmonton Real Estate Market Weekly Update). This info shows the average lenght of time it takes an Edmonton home to sell from beginning to end in the current market cycle.

REVIEW THE TREND LINE
You have to have a good perspective on where the Edmonton real estate market is going; up, down or sideways. A good comprehension of the trend line will tremendously help you determine a fair market value for your home.

OBTAIN ANOTHER POINT OF VIEW FROM A 2ND PARTY
Another great way to establish the fair market value of your home is to seek the help of an Edmonton real estate specialist. A competent Realtor will help you get a Comparative Market Analysis or best known as CMA. This CMA is a report that contains details such as market stats and sold & active comparables. Best part is all of these are FREE!

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

How about taking a break from work and taking a look at your future home in Virginia Park?

Sounds good? Come! You will love this!

Interested, eh? Check out the complete details here: 7409 112 AVENUE, EDMONTON MLS LISTING

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Here’s a perfect Edmonton property for Real Estate Investors, Professional Couples and Students.

Why, you ask? Aside from the bargain price of only $315,000, this 2 bedrooms, 2 bathrooms home offers 845 sq ft of pure living space with brand new fixtures and furnishings.

The owners installed a brand new insulated brick and stucco, modern windows, new entry doors and roof. The kitchen area is dazzling with its updated appliances and cabinetry! Your future living room retained its classic charm with its old hardwood and electric fireplace.

Isn’t that wonderful? This Edmonton home will bring the best bang for your buck!

WELCOME, MY FRIEND!

Check out the complete details here: 7409 112 AVENUE, VIRGINIA PARK, EDMONTON HOUSE FOR SALE

Call me to view @ 780-995-6520

For a complete list of available Edmonton homes for sale, do check out my new Edmonton MLS listings.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

GET YOUR GROOVE ON WITH THIS SPRUCE GROVE HOME FOR SALE!

Best priced at $350,000, this 4 bedrooms and 3 bathrooms home is perfect for a family.

You’ll never go wrong once you purchase this Spruce Grove home. You’ll have a perfect entertainment deck in your backyard and a big storage space in your 24×24 double detached garage!
Nestled in 102 Windermere Drive S, owning this property is the embodiment of success. Own it today!

Call me to view @ 780-995-6520

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

New Listings: 422
Average List Price: $305,343
Average Sale Price: $295,664
Average Sale Price / Sq Ft: $271.24
Average Days on Market: 45
Total Sales: 228

A sign that good times lie ahead, 35 homes were listed, increasing the New Listings to 422. $67 was taken off last week’s Average List Price while $5,260 were added to the value of Average Sale Price. $8.95 was also added to the Average Sale Price / Sq Ft. 45 was the recorded Average Days on Market, shortening the listing time by -7 days. +31 new homes were sold, putting Total Sales to 228.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Here are the stats that you need to be aware of:

New Listings: 387
Average List Price: $305,470.00
Average Sale Price: $290,404.00
Average Sale Price / Sq Ft: $262.29
Average Days on Market: 52
Total Sales: 197

New Listings are up by 4 points compared to last week while Average List Price was down by $520. Average Sale Price also dropped to $290,404 effectively placing a $4,310 discount to home buyers. Average Sale Price / Sq Ft was $20.53 lower than the previous week.

Average Days on Market recorded a 6 point drop making home buying turn around faster Week-on-Week. Total Sales grew by 19 points, making 197 the highest number of total sales in the 3 past weeks.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.

Before anything else, here are the stats for the past 2 weeks.

April 1 – 8:
New Listings: 387
Average List Price: $312,046
Average Sale Price: $305,272
Average Sale Price / Sq Ft: $279.33
Average Days on Market: 37
Total Sales: 134

April 8 – 15:
New Listings: 383
Average List Price: $304,950
Average Sale Price: $294,714
Average Sale Price / Sq Ft: $282.82
Average Days on Market: 58
Total Sales: 178

These are the overall changes on a Week-on-Week basis.

New Listings: -4
Average List Price: $7,096.00
Average Sale Price: $10,558.00
Average Sale Price / Sq Ft: $3.49
Average Days on Market: 21
Total Sales: 44

44 sold homes were added to the Total Sales for April 8 – 15 making 178 the highest number of Total Sales since the start of 2016.

This would at least make up for the disappointing figures we have this week. The uptick in the total number of sales makes for a good evidence that the Edmonton home buyers are once again very active in their purchases (mainly due to low home prices).

If you’re thinking of selling your home, it’s never too early or too late to list your property, sales are up so you better decide if you’re going to list your home anytime soon. For home buyers, now’s a great opportunity to find a home that matches your budget.

For a complete list of available Edmonton homes for sale, check out my new Edmonton MLS listings.

Follow me on Instagram @SergeBourgoin and get a first hand view on how I’m helping Edmonton home buyers and sellers.