The last part of the month of August or the first part of September is a superb time to complete a full-out examination of the exterior of your Edmonton property with the goal that any vital repairs and improvements can be finished before winter time.
Make sure to check all your outside wood trim, especially around window and entryway openings. Where required, rub and paint all outside wood trim.
Uncovered wood will in the end weaken, bringing about wood decay and water spillage.
Check the caulking around entryway openings and outside window. Recaulk where you see degradation.
Supplant any harmed weather stripping to guarantee that your Edmonton house is water tight and energy adequate.
The battle lines have now been clearly drawn in our burgeoning trade fight with the United States and one of the first casualties appears to be consumer confidence.
Two key indicators of consumer confidence, released just prior to Canada imposing retaliatory tariffs on the U.S., show sharp drops.
The Conference Board of Canada’s monthly measure is based on four, forward-looking questions put to a random sample of households. Its June report registered a 4.5 point drop in consumer sentiment. Optimism was down in the responses to all four questions and sentiment sagged in every area of the country except Manitoba and Saskatchewan.
The Nanos-Bloomberg confidence poll for the week ending June 22 fell to 55.3 points, down from 57.1 the previous
Now is the perfect time to buy a home in Edmonton if you are planning to move up to a more expensive home. It is a buyer's market and valuations are going down. But that is a good thing if you are moving up. But why you may ask because your home is now worth less. Well that is the exact reason why you should move now.
Think of it this way. Let's assume that your home is worth $300,000 and the next home you want to buy is worth $500,000. Now let's assume that the market valuations have dropped 10%.
Yes your home has dropped $30,000 in value but the home you were wanting to buy has dropped $50,000. By buying now you are actually $20,000 ahead even though you sold you home for $30,000 less.
Now that the warm weather has arrived – we want to be outside enjoying it! However, mosquitoes can send us running back inside. Mosquitoes breed in standing or stagnant water by laying their eggs on the surface of the water. There are countless products available for combating mosquitoes but one way to reduce their numbers is to reduce their breeding sites. Mosquitoes roam a radius territory from their breeding site so cleaning up your property is important.
The common areas to regularly clean or possibly turn over so that they do not collect water when not being used: · buckets · children’s swimming pools or wagons · neglected birdbaths · uncovered boats · the bottom of plant pots · covers for swimming pools · wheelbarrows · sluggish drainage ditches
The Edmonton real estate market continues to be a buyers market. At this time the single family home market has a listings to sales ratio of 5.62:1 which is higher than the 4.00:1 we need for a balanced market. So there is significant downward pressure on valuations.
If you are a buyer in you in the driver’s seat allowing you to negotiate great deals.
If you are thinking about taking advantage of today’s buyers market give us a call at 780 - 995- 6520.
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Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.
In today's market there is a dramatic increase in the presence of sellers offering title insurance in lieu of real property report with compliance. To give you a quick understanding on the matter, under Section 10.2 of the real estate contract, there is a clause stating that the seller will provide a real property report with compliance. The real property report is a survey of the land as it is presently shown.
Compliance is issued by the municipality where the property is located, this will show if the property is compliant, non-conforming or non-compliant.
When a house is sold multiple times for whatever reason, sellers for cost purposes might say that they have a real estate property report, but they don't have compliance, so they