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Archive for April, 2011

Price Reduced on 10747 92 street in McCauley

Wednesday, April 27th, 2011

 McCauley, Edmonton  –  Announcing a price reduction on 10747 92 street, a 899 sq. ft., 2 bath, 2 bdrm single story. Now MLS® $228,900  – Reduced.

Property information

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

2 Story For Sale in Mayliewan

Wednesday, April 20th, 2011

2 Story For Sale in Mayliewan

Front exterior

• 1,947 sq. ft., 3 bath, 4 bdrm 2 story – MLS® $529,900 – Fantastic value

Mayliewan, Edmonton  –  A step above. Eye catching from the curb, stunning inside. A custom built 2 storey, with 4 good sized bedrooms all above ground. tastefully decorated with earth tones. Rich hardwood and ceramic exude elegance, from the moment you enter. The gourmet kitchen, with granite counter tops, maple cabinets and stainless steel appliances, overlooks the breakfast nook, back yard and family room. For those more formal times there is a formal dining room and living room. The main floor laundry room just inside the oversize garage also has a shower and closet. The fully finished basement is open and full of possibilities, currently set up as a rec room – could be anything you want. The back yard has a low maintainance exposed agrigate patio and shed that matches the home. Elegance, style and funcionality set this home apart, a step above ordinary and takes this home to the next level.

Property information

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

2 Story For Sale in Kiniski Gardens

Wednesday, April 20th, 2011

Entrance
Functionality, space and style

• 1,494 sq. ft., 2 bath, 3 bdrm 2 story – MLS® $369,700

Kiniski Gardens, Edmonton  –  Located in a quiet cul de sac, with very little traffic. This home is one that your family can grow in. With 3 bedrooms 2 1/2 baths, finished basement and huge yard for the kids you have all the space you need. The inviting and open foyer ushers you into the living room, where large windows bring in an abundance of light. The dining room is ideal for intimate candle lit meals. For large family gatherings move into the huge kitchen where the cupboard space is amazing, a built in desk for helping kids with homework, or keeping up with facebook for added convenience. Both the gas stove and Dishwasher where new in September. Upstairs you will find two good sized bedrooms and a very large master with a real walk in closet. In the basement a family room, large storage room, multi purpose room and a three piece bath finish off this home ideal for the growing family. From the three bedrooms to the finished basement, and room for any garage you would like to build. Functionality, space and style at its best.

Property information

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

Open house in Miller Saturday April 9

Friday, April 8th, 2011

Please join us for an open house at 4511 150 ave in Miller from 2-4pm.

Property details.

Fantastic starter home! Vaulted ceilings, hardwood and ceramic tile give this home an open and elegant feel.The functional and pleasing floor plan with spacious living room is large enough for the whole family. The dining room, close and convenient just across from the kitchen make family meals easy. A massive master bedroom is your perfect personal oasis where you can rejuvenate and let the stresses of the day fade away. Insulated, drywalled and oversize is the way all garages should be, plenty of room for vehicles and a good size work bench. The basement with roughed in bathroom, is open and ready for your personal touch, another bedroom, in law suite, theater room anything you want. The perfect starter home is waiting for you to move in, with nothing to do but relax.
Dave Dry
Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

Open house in Suder Greens Sunday April 10.

Friday, April 8th, 2011

Please join us at 8924 213 st on sunday April 10 from 2-4pm.

Property details.

4 Bedrooms, 2 bathrooms and a two car garage. This home invites you into the bright spacious living room through the open foyer. The kitchen and dining room have an abundance of windows looking out on to the back yard finished with a spacious deck and lots of grass for the kids. upstairs you will find 3 good sized bedrooms, and the master with a walk in closet and en suite. The basement is finished with another bedroom and family room. This is the ideal starter home. A great neighborhood, and away from the hustle and bustle, but literally 2 minutes from the Whitemud and Henday. This gives you the best of both worlds! Take a look and see all that this home has to offer.

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

Just listed 4 bedroom 2 Storey in Suder Greens

Friday, April 8th, 2011

Just listed a perfect starter home!

4 Bedrooms, 2 bathrooms and a two car garage. This home invites you into the bright spacious living room through the open foyer. The kitchen and dining room have an abundance of windows looking out on to the back yard finished with a spacious deck and lots of grass for the kids. upstairs you will find 3 good sized bedrooms, and the master with a walk in closet and en suite. The basement is finished with another bedroom and family room. This is the ideal starter home. A great neighborhood, and away from the hustle and bustle, but literally 2 minutes from the Whitemud and Henday. This gives you the best of both worlds! Take a look and see all that this home has to offer.

Property details.

 

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

 

Monthly Price graphs

Wednesday, April 6th, 2011

These price graphs will be updated monthly and give a graphic representation of property prices in the Edmonton region. As much of what we hear is national and not regional, in all probability there will be some differences between these numbers, and those on the news.

As the Alberta economy is driven more so by oil and gas, than other provinces, our prices and market activity can vary greatly from the national average.

Dave Dry

Realtor, Re/Max Real Estate
Office: (780) 457 3777
Cel: (780) 446 3727
Fax: (780) 478 7017

 

 

April Newsletter / March statistics

Wednesday, April 6th, 2011

 

  January

Change from  to

 January 2011  February 2011

  February

Change from  to

February 2011 March 2011

New Listings

2,631

498

+18.5%

2,960

329

+11.1%

Active listings

6,389

756

+11.8%

6,885

496

+7.2%

Sales

1,044

309

+29.6%

1,503

459

+30.5%

Average Sale price

*House and Condo sales

$295,422

$6,787

+2.2%

$305,809

$9,875

+3.2%

House

$359,934

$3,658

+1.0%

$378,912

$18,978

+5.0%

Condo

$230,911

$9,917

+4.2%

$232,706

$1,795

+0.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What do these statistics tell us?

 

 It would appear that the spring market has arrived, with the numbers up again across the board. Sales are up 30% from February. This will start to drag up the prices, we can see for the second month prices have risen, 6.2% for houses and 3.9% for condos, since the beginning of this year. 2010 ended with an average house price of $355,271 and condo price of $223,454.

 So where are we headed? In 2010 we saw a similar spike in activity after mortgage rates and rules where changed. Buyers anxious not to loose their longer amortization periods and lower interest rates flooded into the market. As with most, sequels do not live up to the original, in my opinion the market will show that it has a more secure foundation this year and will not show the signs of decline that appeared last year.

 While we have seen a significant increase in activity this is typical of this time of year. With fewer buyers anxious due to impeding changes we will not see the buying frenzy that we saw last March and April.  In April of last year we saw a significant increase of listings without the corresponding increase in sales driving down prices due to an over supply. While inventory numbers are similar to those of last year, I am anticipating that the number of sales will keep pace with the number of listings thereby allowing homes to retain their value.

 

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

 

Banks boosting mortgage rates

Wednesday, April 6th, 2011

 

TORONTO— The Canadian Press
Published Monday, Apr. 04, 2011 10:22AM EDT

Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market.

Toronto-Dominion Bank (TD-T85.29-0.85-0.99%) said the biggest increases will be for mortgages with terms of five to 10 years, which will all go up by 0.35 of a percentage point starting Tuesday.

The move was matched by Canadian Imperial Bank of Commerce. (CM-T84.77-0.12-0.14%)

Royal Bank of Canada (RY-T60.30-0.30-0.50%) raised its rates on mortgages for five and 10-year terms by 0.35 or a percentage point, and its seven-year rate by 0.15 of a percentage point.

The posted rate for five-year closed mortgages — one of the most popular types of loans for Canadian home owners — will rise to 5.69 per cent.

The three banks will also raise their rates on one-year, three-year and four-year terms by 0.2 of a percentage point while two-year terms go up 0.3 of a percentage point.

Fixed mortgage rates, which are closely tied to the bond market, tend to climb when traders shift investment activity to riskier equity assets from bonds, which are considered safer.

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.
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