Now officially on the MLS® System:

Your next home or investment opportunity awaits you in the tree-lined community of Canora; featuring a well loved 3 bedroom bungalow on a spacious 50 x 148 fenced lot. Close to schools, parks and daycares, this community is a great place to raise a family in the existing home or build your own dream.  Contact us today to learn more. Discover more about this great Edmonton real estate find, by checking out this Canora listing here.

The goal of most Edmonton homeowners who are preparing to list their Edmonton home for sale is to make their home more desirable to a potential buyer. The underlying goal may be to get the highest sales price possible from selling the property, to sell the home more quickly or to accomplish a combination of both of these. While some Edmonton homeowners will invest a small fortune in improvements to their home before listing it, others may be focused on making small improvements that will add true value and that will raise home value. These are a few great ideas that homeowners can consider as value-added improvements to their Edmonton home.

Dress Up the Kitchen Back Splash

The kitchen is one of the key selling points in an Edmonton home, but it can be costly to replace counters, cabinets and appliances. The back splash, however, is highly visible, and it is rather affordable to update. Depending on the size of the kitchen and the materials that you select to use, this improvement may be only a few hundred dollars to complete. It can make the kitchen more desirable, and this can have a great improvement on the desirability of the entire home to a potential buyer.

Refinish the Cabinets

Outdated or worn cabinets can make a home look older than its years, and this can decrease desirability to a potential Edmonton home buyer. While replacing the cabinets in the kitchen or bathrooms may not be in the homeowner’s budget, there are affordable solutions available to improve the look of cabinets. For example, some cabinets can be painted. There are also refinishing kits available that homeowners can use. Homeowners can dress the finished cabinets up with new hardware, and this can give the kitchen and bathrooms an incredible facelift that makes the spaces look newer and modern.

Update the Front Door

The front door is among the first features that buyers will see when they drive up to the property, and it will continue to be a focal point as they walk into the home. With this in mind, the condition and style of the front door can have a dramatic improvement on value and appeal alike. A very affordable option is to paint the front door and replace the hardware. Re-staining the door is another option for wood doors. For homeowners with a larger budget, there are some attractive front door styles available at the lower end of the price range that can add style to the home. Consider replacing the front door mat and front porch light to finish the look.

When preparing to list a home for sale, it makes sense that homeowners want to focus on making repairs that will add true value to the home. They want to recoup the investment they are making with an increase to the sales price or other related benefits. Those who are thinking about listing their Edmonton home for sale can contact us today for more information about improvements that add value to a home.

Upgrading from a smaller Edmonton condo to a larger house can be an exciting and memorable event for anyone. There are many benefits associated with living in a large space, and these range from functional considerations like having more storage space to decorating benefits like finally having enough space to walk comfortably around all of your furniture. However, some who are preparing to make this transition may also be concerned about a larger home being too spacious. After all, a smaller space can have a cozy, intimate feel that is desirable. It is possible to upsize a home while also retaining an intimate feeling in it, and these are a few tips that can be used to accomplish this goal.

Bring Furniture Closer to Together

In a smaller room, it may have been necessary to place larger furnishings directly against the wall, such as sofas, chairs and end tables. In a large, airy room, there may be ample space available for these items to float in the room. For example, pushing a sofa, armchairs and side tables around a central coffee table or area rug in the heart of a large room can enable ample walking space for foot traffic around these pieces while also creating a sense of intimacy for those who are sitting on the sofa or chairs.

Include Warm Colours in the Rooms

Another idea is to use warm colours when decorating. Warm colours like yellows, reds and oranges can be used as accent colours or on their own as the primary colour in the room, and these can create intimacy and warmth. Cool colours like blues, greens or even stark white can have the opposite effect, so it is best to incorporate at least some warm colours into larger rooms if intimacy and cozy warmth are desired.

Add Soft Textures Through Accent Pieces

Larger rooms have a way of making those in them feel intimidated and uncomfortable at times, and a great way to overcome this feeling is to incorporate soft textures into the space. With soft textures used for throw pillows, area rugs, lamp shades and other accent pieces, a touch of intimacy can be created. These are features that can make those in the room feel more relaxed and at peace. Even in rooms where accent blankets and pillows may not be appropriate, such as in a dining room or kitchen, soft tapestries on the walls or even softer, feathery-looking features in a vase may create a warmer and cozier environment for people to enjoy.

Decorating may come naturally for some, but it can be very challenging for others. When spatial concerns are present, decorating can become even more complex. Everything from colour choices for the space to how to arrange furnishings can be impacted by the space available. Many who have larger rooms want to create a cozy, intimate and home-like feeling in those spaces. These are a few of the ideas that can be incorporated in decorating plans to achieve desired results. To learn more about how to decorate a larger space, be sure to gain more tips and advice on our blog.

The neighborhood of Oliver is one of Edmonton’s oldest and most densely populated communities in the city. As you’ll soon see, these two factors make Oliver one of the more coveted places to live in Edmonton.

Oliver Is Rich In History

Named after Frank Oliver, the neighborhood of Oliver was one of the first communities to be founded in the city. As such, the area is home to many historical buildings, including the Lemarchand Mansion. Other historical buildings include the Buena Vista building and Guiles Grocery. Many beautiful churches were constructed in this area around 1914 which still remain active today. Beautiful row houses, single family dwellings, and high-rise condos are all found within this neighborhood. Amazingly, they all blend together to make a very charming community.

124 Street (Edward Street) was the commercial district for Oliver in the early 1900’s. Home to trolley cars and street cars until the end of World War II, this area always was a booming part of the neighborhood. 124 Street has recently undergone a major renovation. New brick inlayed sidewalks, street lighting, and barrels of beautiful flowers have been added to the area. This revitalization has brought life back to 124 Street.

Superior Urban Edmonton Lifestyle

One of the things that residents of Oliver appreciate most is how everything they need is within walking distance of their homes. Shops, restaurants, entertainment and outdoor activities can all be found within minutes of any area of the neighborhood. Many residents brag that they only take their car out for special occasions because they walk or ride their bicycles everywhere.

Great For Those Who Love The Outdoors

Oliver has many activities for those who enjoy the outdoors. A community pool, several parks and a community garden are all found within this neighborhood. The Victoria Promenade is located in the western part of Oliver. The Promenade is part of the Edmonton Historical Trail and provides visitors with an exceptional view of the river valley. For those who love to follow trails or simply walk around town, Oliver is filled with well-kept walkways and is very pedestrian friendly.

Perfect Combination Of Downtown And Suburbs

One of the most exciting features of Oliver is how all of the structures within this neighborhood flow together. High rise buildings are scattered amongst the row homes, giving the perfect flow to the skyline. The old railway stations have been converted to strip malls, and many of the old warehouses have been refurbished to contain beautiful apartments and unique shops. In between all of the buildings, Oliver still remains green. You will find beautiful landscaping, trees, and open green spaces. All of this combines into the perfect living area.

Something For Everyone

Oliver is also a very diverse community. This diversity brings many things to this area, including fabulous restaurants, unique shops, and many different places of worship. The many different types of residences in this area also draw people from every age group and economic background. This combination of ages and interests makes Oliver a happy place to live.

For more information about the neighborhood of Oliver, please feel free to contact the Edmonton Home Tribe team.

A Recap of What Happened During the Month of June 2015:

A first for 2015, the REALTORS® Association of Edmonton has recorded an increase in year over year sales for the month. Over 2008 sales occurred for residential real estate, up 2.4%, compared to June 2014. The number broke down as follows:

• 1243 Single Family Homes (2.1% increase from 2014)
• 572 Condos (1.6% increase from 2014)
• 156 Duplexes/Row Houses (11.4% increase from 2014)

Compared to last month (May 2015), sales were also up by 13%. The average days on market for June was 49 days, resulting in an average increase of 3 days more to sell.

“The reality of what we are seeing in the market is that the slight hesitation from buyers that came with the drop in oil prices is lessening. Edmonton has not been hit nearly as bad as what many predicted and buyers are becoming more confident that our market won’t plummet. This renewed confidence coupled with low mortgage rates and a healthy selection means that people are realizing that this is still a good time to buy.” [EREB] continues, “People move when their lifestyle warrants a change. This will always be true. There are always buyers and sellers, no matter what the market looks like or what analysts predict. REALTORS® are here to help you decide what move is best for you.”

Choosing to buy or sell is really about making the right lifestyle decisions for yourself. Remember, Elisse Moreno and the HomeTribe.ca team are here for you when you are ready to buy or sell.

4 Key Considerations to Keep in Mind whenYou Start House Hunting!

Looking for a new Edmonton house to purchase can be fun, exciting and even a little intimidating. Many people love searching for new homes online and touring properties with a real estate team like Edmonton Home Tribe.It is often easy to imagine living in or raising a family in some of these homes. Below you’ll find four key considerations that will help you narrow down the desired properties more easily and may even reduce stress while searching for a new Edmonton home to live in.

Get Pre-Qualified First

Some Edmonton home buyers will use an online calculator to estimate a sales price that is affordable for them. However, before getting serious about house hunting, it is important to work with a mortgage company and to actually get pre-qualified. After all, this will tell a home buyer what sales price range and loan amount range they may actually qualify for. Looking for advice on an Edmonton mortgage broker to speak to: be sure to ask as we know many great Mortgage Brokers and can give you a list of recommendations.

Choose an Edmonton Home That is Affordable for your Monthly Budget

The Edmonton home that is selected should be affordable for your budget, and there are several factors that impact affordability. The mortgage payment is one of the most significant factors, but the home that is selected will also impact repair costs, maintenance needs, utilities, taxes, insurance and more. The location, age, construction type, size and other factors will all impact these expenses in different ways, and you as a future homeowner should understand what your budget is for all aspects of the overall housing expense.

Consider Your Needs and Wants

It is easy to lose track of needs and wants in a house when touring properties. For example, a buyer may walk into a truly stunning home that has been beautifully staged and overlook the fact that it does not have the amenities or a layout that are actually needed by the homeowner. Before a buyer begins house hunting, it is important for the individual to make a list of absolute needs in a house as well as desired wants.

Think At Least Three Years Into the Future

A home is not typically something that is quickly or easily sold, and there are expenses related to making it ready to sell and to selling it. With this in mind, most homeowners will not sell a home before approximately three years from their purchase, and some may not sell it for five years or longer. The home that is purchased ideally should meet the buyer’s functional needs for space as well as other defined needs now and for several years into the future.

While house hunting can be fun, it also should end with a desired result for all of the time and effort exerted. These factors all should be considered before buying an Edmonton home, and they all can help a homebuyer remain on track when house hunting. Before beginning a new Edmonton home search or as soon as possible after starting it, the buyer should think about these things.

Know that the Edmonton Home Tribe team is ready to help you at all stages of the home buying process. Wanting to explore what home is right for you? Try out our exclusive “Home Tribe Match” technology where we will show you in less than 3 minutes the best homes on the market based on your personal lifestyle.

Or contact us today to get started on us working with you exclusively to find your next Edmonton home.

Wondering who the typical millennial Edmonton home buyer is? Recently, Endeavor America Loan Services and The Money Source interviewed 5,400 Millennials in the USA and obtained the following info. Do you think these results would be similar to an Edmonton Millennial? Share your thoughts in the comments below.

This week we had the pleasure of working with a lovely couple who were looking for a bungalow in a condo complex preferably in an adult community. Further understanding their lifestyle needs we determined that certain areas of the West end of Edmonton and St. Albert would be their more ideal locations largely due to the desire to live near their children and grandchildren. Narrowing it down we went on a showing appointment and viewed 5 homes one afternoon.

I think many people hope that when they fide “the one”, they will get a super sappy moment where they will cry out and scream “this is it”, however, this is not allows the case and that is ok.  We all have a gut reaction when viewing  a home and one will typically stand out more than the rest. In this case, the first home viewed was the perfect Edmonton home for our buyers. After viewing “x” amount of homes that were “not the right layout”, “didn’t have the type of floor they like”, “not a big enough garage” etc. we went back and decided to write an offer on the first home. It felt right the first time and made an even better impression the second viewing after seeing the other options presently on the Edmonton real estate market.

In the end, the community of Dechene was the right fit.

Next steps: Helping these home buyers remove conditions and move in! Cheers to another happy home buyer.

Often times, many people consider living in the core as costing significantly more.  These great Edmonton condos prove that mentality wrong. All these condos offer a lot of value in a fantastic price range. Here are 5 condos currently for sale on the Edmonton Real Estate market that you may very well want to consider calling home.

1. The Puffin Located At 10172 – 118 Street

What makes it an attractive purchase?

• It has recently upgraded featuring a new top of the line kitchen
• It is perfect for those looking for an Adult Only Building
• It boasts 3 bedrooms, 2 bathrooms and over 1500 sq ft of living space.

2. Tower On The Park # 708,  9715 – 110 Street

What makes it an attractive purchase?

• The VIEW – need we say more?
• Newer open concept kitchen and laminate floors
• Only 1 block away from Grandin Station

3. #302, 10026 – 112 Street

What makes it an attractive purchase?

• Close to amazing amenities: Cactus Club Cafe, Structube and other great coffee shops and restaurants.
• Features new flooring and kitchen
• 2 bedroom, 2 bathroom Adult Only Condo

4. The Cardinal # 102, 10171 – 119 Street

What makes it an attractive purchase?

• Built by a reputable builder
• 2 bedroom, 2 bathroom Oliver condo with over 1000 sq.ft. of living space
• Under $250,000

5. Oliver Gardens # 202, 10139 – 117 Street

What makes it an attractive purchase?

• Covered balcony with wood burning fireplace – sounds cozy right?
• Gourmet, updated kitchen with stainless steel appliances
• Pet Friendly Oliver Condo (some restrictions apply)

Looking for more great Oliver Real Estate finds? We are here to help make buying or selling in Oliver easy and stress-free, contact us today.

Prices Continue To Rise As Inventory Stabilizes

We are beginning to see the inventory in the Edmonton region stabilize with new listings down over 2% from last May. That being said, there are almost 30% more listings than last year and prices are continuing to rise for all residential properties.

The average days on market compared to last year is only slightly higher at 45. This number may continue to increase over the next few months due to slower sales and higher inventory.  During the course of May 2015, residential sales began to pick up with 1,784 reported sales, a 12% increase from April that reached 1,597.

A major trend is that duplex/rowhouse  homes continue to sell quicker with a an average 4% increase year over year.  Year-to-date, residential sales are down 13%.

That being said, everyone is optimistic that the increased sales will continue as confidence in the stability of the market grows. Multiple offers are still occurring in “popular price brackets” and prices have not declined. This is very reassuring to Edmonton Home buyers.

According the stats from the Edmonton Real Estate board:

Despite a decline in all residential sales, the average sale price was $381,111 up 2.5% from May last year. Single family dwellings sold for an average of $451,312 (up 3% from last May), condos for $256,143 (up 2% y/y) and duplex/rowhouses were the only price drop at $345,659 (down 2% y/y).

“People are continuing to take advantage of low interest rates and a greater selection in the marketplace. We are moving into our busiest season for real estate.”

Ready to discuss your buying or selling needs – be sure to contact our team at Home Tribe!