http://www.edmontonhomesforsale.biz/listing/edmonton/silver-berry/e3377661-3319-25-av

The gleaming hardwood floors gives you a great feeling of luxury. Incredible 2 storey home in southeast neighbourhood of Silver Berry with upgraded gourmet kitchen with an large island with eating bar, over-sized double stainless steel fridge/freezer. Cabinets and counter top have been extended with a new back splash added.

MASSIVE 2,588 sq ft home in prestigious upper Windermere. Open floor plan with upgrades that will blow you away! Huge kitchen and deck great for entertaining guests. This home absolutely screams luxury at it’s finest.

Click here to view more info and photos or call us today to view in person!

Landmark built home with 4 bedrooms, 3 bathrooms and almost 3,000 sq ft. Beautiful open floor plan with 9 ft California texture ceilings and chef’s kitchen. This is a truly must see home.

Click here to view more info and photos or call today to setup a viewing.

New Listing in north Edmonton – Delwood Bungalow

Listed for $369,900

To view more pictures and information click here: http://www.edmontonhomesforsale.biz/listing/edmonton/delwood/e3371515-13220-72-st

Absolutely stunning 1100 sqft 3+2 bed and 2 bath bungalow with MOTHER IN LAW SUITE with separate entrance has been renovated from top to bottom!New stone on exterior front. New windows,kitchens(granite countertops in main),bathrooms,gorgeous stone wall fireplace,hardwood and tiled floors,shingles on home,pot lighting,doors(interior and exterior)light fixtures,baseboards,exposed aggregate walkway in the back and new concrete walkway in front to be poured as weather permits.New deck. Double garage with RV parking. Too many details to list. Must be seen and will not last! $369,900

To view and search all homes for sale on MLS visit us at www.EdmontonHomesForSale.biz

When Listing your home, are you leaving money on the table? Do you know where you are losing equity that should be kept?

Factors that leave money on the table are undone repairs, decorated personal choice paint colors, outdated flooring and fixtures, or unappealing curb appeal that needs work.

When you were a buyer, do you remember how you approached other people’s outdated homes or ones that were in disrepair? You walked away, unless you got a SUPER low price.

So now that the tables have turned, the buyers are using their critical eye to determine if they agree with your price based on the amount of work they feel your home requires to make it move in ready.

The buyer will deduct a higher price than it actually would cost to do these repairs or updates. They do this because of the unknown factor and also the stress and time it will take to fix your homes issues.  You basically will pay them for their time and labor to do something that you could have done, or contracted and controlled the costs on.

So, you leave money on the table.

By doing your own updates and controlling costs through management of your contractors, you can KEEP money in your pocket. Your costs to update or paint, will be far less when you are in control. This will initially be an expense but in the long run your asking price will be at market value and  your price will not likely be reduced, plus the carrying costs will be much less due to having a move in ready sale able home.

Don’t leave money on the table!

Keep in mind that as a home owner you should be investing 1-3% of your market value every year to do updates on the home. This will ensure that when you go to sell, you are more likely able to list for market value and not have to do major updates to become a GOOD listing.

Today’s buyers are way too educated to pay market value for a house that need 10k or 40k or more worth of work. Gone are the days when a buyer bought a house and saved up to fix it over the years. Today people want what they see on TV and they will get it. It’s either going to be your house, or your competitors. You can decide.

Source: simply irresistible interiors inc. newsletter

If you are THINKING about buying a home or rental property… NOW is the time. I don’t need a crystal ball to know what’s brewing. Just take a look around and read the news articles.  If you don’t trust the columists/reporters just visit the Alberta Treasury Board and Finance website. A heading for their article is “ Alberta’s economy enters 2014 firing on all cylinder.” What does this all boil down to? Well, the components to create a perfect storm are aligning and the end result will be a new boom in Alberta!  Here are the components we are experiencing:

1)      The dollar is devalued… This means oil is produced in Alberta and paid with Canadian dollars. When sold in the higher U.S. dollars, this is a hike in profit for the oil producers.

2)      Job growth and full employment. Developers out east are viewing Alberta as favorable place to set up shop. We have projects that are delayed simply due to lack of qualified workers. So, not only will Alberta attract people from outside of province, but also out of country.

3)      Net migration into Alberta last year is 43,000 according to Robert Kalcic, Senior Economist with BMO Capital Market. This year that number will big higher.

4)      Low volume of homes sales. Many, we see now have multiple offers.

5)      Close to all time historic low interests

So, let’s add all of that up: low volume of homes, high demand = higher prices or higher rents…The Perfect Storm. So, if you missed the boat, or were too young during the last boom you may want to act now. Dorothy, hold onto your slippers we’re in for a ride!

Give me a call to discuss your financing options. Chita Rattanarasy. 780.932.2225.

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