Edmonton Real Estate Blog

So, finally, the figures are out! In an independent research for done for year end 2014, the statistics (Listing sold, MLS) show that RE/MAX holds 41.4% of the Edmonton real estate market share. That is more than our next 3 combined competitors!

Just in case you’ve not been following our recent blogs (hope you do now), according to RE/MAX Western Canada, Team Leading Edge was the No. 1 RE/MAX real estate team from Edmonton for the month of February 2015

Again, it just goes to show how dedicated all RE/MAX Realtors are and how Team Leading Edge is bent on providing the best quality real estate service for all Edmontonians.

In the next few weeks, we’ll be rolling out upgrades into our websites to provide faster access into the market, so do visit our sister site Edmonton-Real-Estate.com to be on the loop!

If you’re looking for your dream home, let us help find it through our new and improved Edmonton MLS listings and remember to call us at 780-634-8151. We’d love to help make that dream home, a reality!

Here at Team Leading Edge, we’ve kind of always have a short list of things to do for your home. From home renovation to mortgage loans to what furniture is best for what house (Check out our Pinterest board).

Now, I’ve been wondering if those list have any impact on our readers-and clients. As I have found out this week, it was a pleasant surprise to know that there was! Woohoo!

The team just sold 4 properties last week and according to RE/MAX Western Canada, Team Leading Edge was the No. 1 RE/MAX real estate team from Edmonton for the month of February 2015-a big feat for a small team.

So, what was to connection with the team selling more and the articles on our blog? We’ll, to keep it short, our articles gave our readers and clients the knowledge on how to prep their home properly before listing it in the local Edmonton MLS.

It’s that simple but it works!

I guess today is a good day to discuss ways on how to prep your home for the spring season-that is, if you’re thinking of seriously selling it.

The spring season is synonymous to the fast-paced selling cycle. “FOR SALE” signs will pop-up across your neighborhood, I guarantee it!

The low interest rate environment in the city also fuels the home buying mentality. Edmontonians are taking advantage of the situation, and so should you!

Here are a few thing that will help you get a head of the competition. It’s very easy but a lot of people always ignore it.

GENERAL CLEANING: We’ll start with the most obvious. This is the best time to clean your entire house, from top to bottom-in and out. Have the furnace filter cleaned, the grout removed, the windows cleaned and maybe even put on a fresh coat of paint.

You also need to consider hiring a landscaper to put on a professional look on your front and backyard.

NO MORE CLUTTER: Simple as that. Pack your winter clothes to give that “spacious” effect on the closet. Remove all the unnecessary stuff from the rooms. People who would like to buy your home needs to see that it’s all the space they need for their personal things.

It’s going to be there home for the next 10-20 years so you should let them imagine where they would put their things when they come to view the property-THAT’S A CLOSER RIGHT THERE!

FRESH PAINT: If you have extra cash, consider putting on a fresh coat of paint. It’ll give potential buyers the sensation that the house and new and ready for them.

Do note that you should not go with extreme colors, just play the neutral color game.

PRICE CORRECTION: Most first time home sellers make this mistake. They raise the selling price too high that serious buyers-fall back and get turned off. You know, it’s like the feeling of being scammed or something. We don’t like that, heck! You don’t like that feeling!

Your price needs to be competitive, yes, but it also needs to be fair. Now, don’t worry. Realtors, such as our team provide free home market analysis report (HMA report as we call it in our little real estate world). This HMA will give you a clear picture of how much your home is worth-its fair market value. That’s how far the team will go in providing the best service for you.

If you follow these simple things, selling your home would be a breeze. Preparation invites success. Success should be for you. Call the team and let’s get you started in selling that home!

Prices Remain Strong as Spring Sales Pick Up.

Average prices maintained positive growth month over month and year over year in the Edmonton Census Metropolitan Area (CMA) market. The all residential price was up a mere $38 from January (up almost 1 percent from February 2014). Single family houses averaged $430,770 up 0.84% over January and 1.17% over the same month last year. Condo prices continued upward with a 1.2% increase over January and 4.7% increase from February 2014. Duplex and Rowhouses were down 10.55% from January but are up 0.68% from the prior year.

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

“We are starting to see sales numbers increase as we enter the spring season. It is common to see sales start to ramp up in February.” REALTORS® Association of Edmonton President Geneva Tetreault explains, “It’s a positive sign to see that even though listings are up and sales are down from last year that prices remain stable and even slightly up from February 2014.”

Residential listings are up 4 percent compared to January. 2,403 new residential listings came on the MLS® System for the Edmonton CMA last month compared to 1,955 new listings in February 2014. Sales for February were 931 – up almost 40 percent over January and down 17 percent from the same time last year. Inventory sits at 5,008 residential listings for the Edmonton CMA.

“Another positive indicator is that our average days on market for all residential types were down to just 48 days compared to 58 days last month. With a healthy inventory, continued low interest rates, and stable pricing, we expect sales to continue to grow through the spring into the summer,” says Tetreault. “REALTORS® are ready to help guide people through all the mixed messaging out there about our real estate market and help their clients make the move that is right for them.”

Over 384 million dollars in residential sales through the REALTORS® Association of Edmonton occurred in February 2015.

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1 Census Metropolitan Area (Edmonton and surrounding municipalities)
2 Single Family Dwelling
3 The total value of sales in a category divided by the number of properties sold
4 The middle figure in a list of all sales prices
5 Residential includes SFD, condos and duplex/row houses.
6 Includes residential, rural and commercial sales

3 Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period sales figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. The RAE trading area includes communities beyond the CMA (Census Metropolitan Area) and therefore average and median prices may include sold properties outside the CMA. For information on a specific area, contact your local REALTOR®.

This article originally appeared on REALTOR® Association of Edmonton.

COME ONE! COME ALL!

Open House Sunday March 15th
Time: 2 – 4 pm
Address: 1713 – 63A St. SW
Price $480,000

For more details, click here.

The awards and recognition are humbling. Team Leading Edge have established itself as one of the trusted real estate specialist in  the beautiful city of Edmonton.

Led by Serge and JP, the team is trail blazing its way in the industry-being recognized as RE/MAX Western Canada’s Top Real Estate Teams.

To access Edmontons real estate market, the team have a new and improved Edmonton MLS listings.

Call us at 780.634.8151 for any and all of your real estate concerns.

Work only with the trusted professionals. Work with Team Leading Edge.

CELEBRATING 25 YEARS OF EXCELLENT EDMONTON REAL ESTATE SERVICE

Team Leading Edge take pride in having Edythe Esch, one of the team’s veteran Realtor, provide her service and expertise to Edmontonians, helping each and everyone have a hassle free real estate experience.

With over a hundred Edmonton homes for sale on our MLS listings, living in your dream home would now be a reality!

Start the journey here.

Don’t forget to call us, we’re here for you 24/7

780-634-8151

Coming Soon on Edmonton MLS listings for $370,000. West Edmonton renovated bungalow with fully finished basement, heated oversized garage, and RV pad. Located close to schools, community centre, and swimming pool. With quick access to downtown and all amenities this one won’t last long.

For more information call Team Leading Edge @ 780-634-8151

First impressions last! Yes! In this article, we discuss why putting priority in improving your Edmonton homes curb appeal is very important.

As an Edmonton home seller, you may fell overpowered with planning errands. First time home sellers always come to a point where there is overwhelming uncertainty as to where to invest time and cash, before having the house listed in the Edmonton MLS listings (before spring time).

Here are a few pointers where your efforts and resources would mean a lot in having the home sold fast!

1. Some dislike yard work. You don’t need a home buyer put off on the grounds that they are worried about needing to repaint the outside or supplant siding immediately. This is particularly genuine on the off chance that you have a more seasoned home. Keep in mind that more seasoned homes are sought after in the Twin Cities and purchasers will pay a considerable measure for them.

2. It offers dealers their most obvious opportunity to make the early introductions of your home yell “goodness” to potential home purchasers. Verify your home really gives potential purchasers motivation to stop and take pictures on their telephone. Numerous people find their optimal home in the wake of driving by a house available to be purchased and recognizing a sign.

3. Partner Home’s Exterior to Interior – Home purchasers relate how well the outside of a home and its scene with the state of the home’s inside. It offers a feeling of certification that whoever possesses this house is in control. Planned home purchasers can be careful about homes that look is disorder. They never realize what else that they can’t see may have fallen into a risky state, as well.

4. Shows Well-Lived In And Cared For – Your Edmonton home’s control offer must welcome home buyers to view the inside of the house. In the event that jumble and flotsam and jetsam give the feeling that nobody has lived in the home to tend to it for quite a while, it may send individuals away.

5. Sets Level of Acceptance – Curb request, sets the level of acknowledgement of an eventual purchaser’s carriage for your whole home. Studies demonstrate that the individuals who see your home’s control advance positively, likewise increase a good impression of the dealer. Everybody needs to captivate a reasonable individual who is a joy to arrange with amid setting the terms of a buy understanding. You may end up expecting to demand an alternate shutting date to suit your timetable or need to burrow and move some treasure plants in your enclosure. It is best to dependably begin by introducing your individual picture well as well.

6. Offers a Home Faster – Curb advance can mean the contrast between a home that offers rapidly at a great cost and a home that drags to offer and winds up trying for beneath the first cost. In the event that your arranging is in urgent need of trimming and evacuating garbage, a purchaser may request you to fare thee well it anybody. A home that tasks how charming it will be for outside picnics, amusing visitors, and unwinding snippets of delight at home will offer better.

7. Speaks to Move-in Immediately Buyers – A clean and decently introduced home spares time for the home purchaser who needs to move rapidly. Weight wash your home’s outside, garage, out structures, yards and decks to gather up any mold, buildup or stains and fix anything that is broken.

For  a list of Edmonton homes for sale with great curb appeal, check out our new and improved Edmonton MLS listings.

A new review have been conducted that shows to offer key experiences that change the normal home purchaser profile, particularly for people that fall in the Millennial age section. Realize what area are related motivating to push numerous Edmonton home buys.

Edmonton Real estate buyers need better conveniences close to their home. In the report, members reviewed demonstrated the accompanying variables as considered what (generally) home purchasers might most want to have near to the home they plan to purchase:

* Grocery stores – 63% are fine with a snappy commute; 22% need a simple stroll to get nourishment supplies

* Restaurants and eateries – 56% say a short commute away is awesome; 20% just need to stroll there

* Parks, ways and group space – 40% are alright with a short commute; 35% organize inside a mobile separation

* Healthcare suppliers – 62% say a negligible commute lives up to expectations; 10% need a mobile separation

* Local shops – 57% short commute; 12% need the joys of a mobile separation

View the complete Goldman Sach’s  info graphic here.

Check out the latest Edmonton homes for sale on our new and improved Edmonton MLS listings.

In addition to the mounting awards that Team Leading Edge have been receiving this 1st quarter of 2015 is Serge’s Platinum Club Award.

Another evidence to the success and dedication of Serge and the rest of the team in providing top notch quality real estate service in Edmonton.