tel: 780-446-3727

Agent Photo

»Serving Your Edmonton Real Estate Needs

Archive for March, 2011

Open house in Newton Sunday April 3

Thursday, March 31st, 2011

Please join me for an open house on Sunday April 3 rd.

 

Property Details.

Making your Real Estate needs my priority
  
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

Open house in Mccauley March 20.

Friday, March 18th, 2011

Please join us for an open house on Sunday March 20 from 2-4

Property details.

Making your Real Estate needs my priority
  
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

Just listed 2 bed 2 bath in McCauley $235,500

Tuesday, March 8th, 2011

McCauley, Edmonton  –  Why Rent when you can own this two bedroom two bath home. Built in 1996 puts it among the newest in this community of tree lined streets, a great investment property or starter home. Laminate floors in the living room and bedrooms add to the spacious feel. With two bedrooms upstairs and a fully developed basement with large rec room, den and full bathroom with stand up shower. Two full bathrooms mean no waiting. The single car garage is the best way to keep the frost and snow off, and start those winter days in the right way. With shopping, fitness and sports facilities at your doorstep and the LRT a short walk away you can be anywhere you want to be. There is nothing to do in this home just move in. Don’t pay rent when you could have a house of your own to call home.

Property details.

Making your Real Estate needs my priority
  
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

March newsletter

Thursday, March 3rd, 2011

Market Activity for the month February 2011

January Change from  to December 2010  January 2011 February Change from  to January 2011 February 2011
New Listings 2,142 293 23.2% 2,631 498 +18.5%
Active listings 5,633 -88 -1.5% 6,389 756 +11.8%
Sales 735 -302 -38.5% 1,044 309 +29.6%
Average Sale price $288,635 -727 -0.25% $295,422 $6,787 +2.2%
House $356,276 $1,005 0.28% $359,934 $3,658 +1.0%
Condo $220,994 -$2,460 -1.1% $230,911 $9,917 +4.2%

What do these statistics tell us?

I wish that I could tell you that these numbers say that the winter weather is over and warmer spring temperatures are coming, unfortunately I can’t.

What I can tell you is that the spring market is coming and with it comes more activity.   We can see that the numbers are up across the board. While prices are staying more or less flat for the moment we can see that sales are outpacing listings. There is now about a six month inventory (active listings divided by sales), which compares well to last year at this time. If inventory numbers follow the traditional trend then we will see our highest activity in June through August. This brings with it the highest average sale prices, as well as the highest number of sales. The downside is that the sale to listing ratio falls, meaning that it takes longer for a home to sell as the number of new listings out paces the number of sales.

Predictions for 2011 vary greatly from a soft and steady market to another boom; the general consensus is that we will see a moderate growth through the year, ending somewhere 3% – 5% above where we started in January.  If the first two months are anything to gauge by, we are on track. The only unknown is how much effect the recent changes to the mortgage rules and interest rates have had. What we saw last year after similar changes was the market peaking early then declining through the remainder of the year.

Making your Real Estate needs my priority
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

Selling Your Home: Where to Begin?

Thursday, March 3rd, 2011
First Impressions
Remember what first attracted you to your house when you bought it? What excited you about its most appealing features? Now that you’re selling your home, you’ll need to look at it as if you were buying it all over again.
A spruced up house makes a great first impression on potential buyers. An attractive property grabs their attention and makes them excited about finding a house that looks and feels well-cared for. Because buyers know they’ll encounter fewer problems if they buy it, your house becomes more appealing and stands out from the competition. So if you prepare your home correctly, you’ll save time selling it when it’s on the market.
A good first impression makes an impact on a number of levels. It’s not just the way your house looks to potential buyers, but how it feels and smells to them, how their friends and family will react, how they imagine it would be to live there.
With simple improvements throughout your house, you can grab the attention of potential buyers and help them see why your house is right for them.
Plan Ahead
Create a plan to enhance your property. Keep a notebook for your selling project, and as you stroll through your yard, make a list of what needs to be done. Consider what your property looks like to people driving by or walking through your door. What will they like or dislike? What needs fixing, painting, cleaning? What can you improve? Whether you paint your house or fix up the yard, your efforts don’t need to be costly; even inexpensive improvements and minor repairs go far toward attracting serious buyers. But remember, those seemingly insignificant problems you’ve learned to live with can actually discourage potential buyers. Here are ideas for increasing your home’s appeal in order to sell it quickly at the best price.
Interior
Clean Everything
Buyers expect a spotless house, inside and out. So clean everything, especially your windows and window sills. Scrub walls and floors, tile and ceilings, cupboards and drawers, kitchen and bathrooms. Wash scuff marks from doors and entryways, clean light fixtures and the fireplace. Don’t forget the laundry room. And put away your clothes.
Cut the Clutter
People are turned off by rooms that look and feel cluttered. Remember, potential buyers are buying your house, not your furniture, so help them picture themselves and their possessions in your home by making your rooms feel large, light, and airy. As you clean, pack away your personal items, such as pictures, valuables, and collectibles, and store or get rid of surplus books, magazines, videotapes, extra furniture, rugs, blankets, etc. Consider renting a storage unit to eliminate clutter in your garage and attic.
It’s hard to get rid of possessions, but cleaning and clearing out the clutter can really pay off in the end. Packing away your clutter also gets you started packing for your next move. Make your garage and basement as tidy as the rest of your house. Simple little tasks such as storing your tools and neatly rolling up your garden hose suggest that you take good care of your house. Don’t let anything detract from making your best first impression.
Closets
They’re an important consideration to many buyers. By storing clothing you won’t use soon, you’ll make closets look spacious.
Paint
A new coat of paint cleans up your living space and makes it look bright and new. To make rooms look larger, choose light, neutral colors that appeal to the most people, such as beige or white.
Carpet
Check its condition. If it’s worn, consider replacing it. It’s an easy and affordable way to help sell your home faster. Again, light, neutral colors, such as beige, are best. If you don’t replace it, you can suggest to potential buyers that they could select new carpet and you’ll reduce your price; buyers like to hear they’re getting a deal. At the very least, have your carpet cleaned.
Repairs and Renovations
It’s best to avoid making major renovations just to sell the house since you’re unlikely to recoup those costs from your selling price. Make minor repairs to items such as leaky faucets, slow drains, torn screens, gutters, loose doorknobs, and broken windows. Make sure repairs are well done; buyers won’t take you seriously if your home-improvement efforts look messy, shoddy, or amateurish.
Leaks and Moisture
Water stains on ceilings or in the basement alert buyers to potential problems. Don’t try to cosmetically cover up stains caused by leaks. If you’ve fixed the water problem, repair the damage and disclose in writing to the buyer what repairs were made.
Exterior
Curb Appeal
The “Wow” factor — that first visual, high-impact impression your home makes on potential buyers — can turn a looker into a buyer. To determine your property’s curb appeal, drive through your neighborhood and note other properties; then approach your own house as if you were a potential buyer. How does it look? Does it “wow” you? Will its curb appeal attract buyers? Note what needs improving, such as trimming trees, planting shrubs, or painting gutters. Little things convey that you’ve cared for your home, and this is your opportunity to sell that important message to buyers who are shopping from the street, simply cruising neighborhoods just looking for houses for sale. To get them through your door, do what you can to make your property look like someone’s dream home.
Paint/Stain
If it’s peeling or blistering and you can’t remember the last time you painted it, your house needs some attention. That also goes for stain that is significantly faded. A newly painted or stained exterior will help sell your house faster. And whether you do it yourself or hire someone, you’ll also increase your home’s value.
In the Yard
Grab people’s attention by enhancing your yard and landscaping. If your house looks inviting and well-maintained from the street, people will imagine that it’s attractive on the inside, too.

  • Prune bushes and hedges; trim trees.
  • Keep your lawn looking healthy and green by mowing it often, fertilizing it, and keeping it edged and trimmed.
  • Clean up and dispose of pet mess.
  • Weed your gardens; add fertilizer and mulch; then plant colorful flowers.
  • In winter, keep your driveway and sidewalks shoveled, de-iced, and well-lit.
  • Stack firewood, clean out birdbaths, repair and paint fences.

The Front Door
An attractive entry catches a buyer’s eye and says, “Welcome,” so highlight this area of your house with decorative touches, such as a wreath on the door or new shrubs and flowers around the steps. For an even grander entry, clean and paint your front door, or replace it with a new one for a few hundred dollars. Don’t forget to fix and polish doorknobs, repair torn screens, and then put out that new welcome mat.
Keep yourself organized with the following checklist.
Clean and Maintain

  • Windows, sills, and screens
  • Walls and floor
  • Tile
  • Ceilings
  • Cupboards and drawers
  • Kitchen
  • Bathrooms
  • Light fixtures
  • Ceiling fans
  • Carpet and rugs
  • Mirrors
  • Garage
  • Attic
  • Basement
  • Laundry room
  • Yard
  • Gutters
  • Replace furnace filter
  • Dust furniture, TV and computer screens
  • Closets
  • Remove clutter
  • Pack personal items

Repair

  • Leaky faucets and plumbing
  • Torn screens
  • Slow drains
  • Gutters
  • Loose doorknobs
  • Deck boards
  • Broken windows
  • Electrical fixtures
  • Water stain damage
  • Broken appliances
  • Damaged walls and ceilings
  • Worn carpet and rugs
  • Damaged sidewalks and steps

Improvements

  • Stain or paint deck
  • Store tools
  • Roll up garden hose
  • Paint or stain exterior
  • Prune bushes and hedges
  • Trim trees
  • Mow lawn, fertilize, edge, and trim
  • Weed gardens, plant flowers
  • Shovel driveways, de-ice
  • Stack firewood
  • Clean out birdbaths
  • Caulk windows and doors
  • Repair and paint fences
  • Seal asphalt driveway
  • Make sure doors close properly
  • Enhance entryway
  • Replace welcome mat

Making your Real Estate needs my priority
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Trademarks used under license from CREA.
MLS® MLS REALTOR® Realtor