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Archive for October, 2011

Open house in Elerslie on Saturday Oct 8

Friday, October 7th, 2011

Please join us from 2-4 at #324 151 Edwards Drive.

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

Open house in Klarvatten on Sunday Oct 9

Friday, October 7th, 2011

 

Please join us at 8736 170A ave.

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

October newsletter and September stats

Tuesday, October 4th, 2011

Market activity for the month of September 2011

 

   August

Change from 

July to August 2011   September

Change from 

August  to September 2011

New Listings

2,951

-1,141

-37.5%

2,585

-366

-12.4%

Active listings

8,343

-78

-0.9%

8,062

-281

-3.3%

Sales

1,507

+66

         +4.3%

1,345

-162

        -10.7%

Average Sale price

*House and Condo sales

$301,041

-$13,399

-4.2%

$305,931

-$4,890

+1.5%

House

$370,348

-$14,272

-3.7%

$375,738

+$5,390

+1.4%

Condo

$231,735

-$12,520

-5.1%

$236,125

+$4,390

+1.8%

 

 

 

 

 

 

 

 

What do these statistics tell us?

 

 

 

October has arrived, the leaves are falling and our thoughts turn to winter vacations.

 

Last month, we predictably saw activity fall across the board, somewhat remarkable is that prices did not and in fact made slight increases. This is somewhat reminiscent of 2009 when prices and activity stayed high through November. This being said I think that the economic factors at play this year are somewhat different.

 

The rate of return seen from paper investments (stocks, bonds and mutual funds) is low at best. Real Estate can be a safe and viable place to put your money. For first time home buyers this may also be a good opportunity to jump in, with the ability to withdraw tax free from your RRSP’s under the first time home buyers plan you can realize the tax benefits and at the same time invest in your future. Given that stocks are global entities and Real Estate is regional it only stands to reason that as the world continues it economic struggle stocks and bods will do the same. Regionally, oil will continue to be in high demand with the growing demand in Asia and the developing nations. This is good for the price of oil, on which the economy of this city depends. With a growing Alberta economy

 

those who moved to Alberta this year for oil field jobs, and those who make the move early next year for construction season should feel confident in buying.

 

So what for the next six months: I see prices holding steady with maybe a slight decrease in and around December – January. Listings and sales will decline through to the beginning of March 2012. Now is a good time to look at making a move, buyers face stable prices with possible increases in the 2012. Sellers also benefit from stable prices but also from decreased competition.

 

 Dave Dry

Realtor

Re/Max Real Estate

Direct: 780 446 3727

Office: 780 457 3777

E-mail:info@davedryhomes.com

               www.davedryhomes.com

 

Preparing your home for winter.

Tuesday, October 4th, 2011

 

Unfortunately winter is just around the corner. Preparing your home before the snow flies can prevent headaches.

 

Most of these are small things that can be tackled by the average homeowner; I know that I invariably find myself outside in the dead of winter doing something I have forgotten. This year I came up with a list. I hope that it can help you as well as me.

Here are nine tips to help you prepare your home for winter:

1) Furnace Inspection

  • Call an HVAC professional to inspect your furnace and clean ducts.
  • Stock up on furnace filters and change them monthly.
  • Consider switching out your thermostat for a programmable thermostat.
  • Remove all flammable material from the area surrounding your furnace.

2) Get the Fireplace Ready

  • Cap or screen the top of the chimney to keep out rodents and birds.
  • If the chimney hasn’t been cleaned for a while, call a chimney sweep to remove soot and creosote.
  • Buy firewood or chop wood. Store it in a dry place away from the exterior of your home.
  • Inspect the fireplace damper for proper opening and closing.
  • Check the mortar between bricks and tuckpoint, if necessary.

3) Check the Exterior, Doors and Windows

  • Inspect exterior for crevice cracks and exposed entry points around pipes; seal them.
  • Use weatherstripping around doors to prevent cold air from entering the home and caulk windows.
  • Replace cracked glass in windows and, if you end up replacing the entire window, prime and paint exposed wood.
  • Consider protecting basement window wells by covering them with plastic shields.

4) Inspect Roof, Gutters & Downspouts

  • Adding extra insulation to the attic will prevent warm air from creeping to your roof and causing ice dams.
  • Check flashing to ensure water cannot enter the home.
  • Replace worn and damaged roof shingles.
  • Clean out the gutters and use a hose to spray water down the downspouts to clear away debris.
  • Consider installing leaf guards on the gutters or extensions on the downspouts to direct water away from the home.

5) Service Weather-Specific Equipment

  • Drain gas from lawnmowers.
  • Service or tune-up snow blowers.
  • Replace worn rakes and snow shovels.
  • Clean, dry and store summer gardening equipment.
  • Sharpen ice choppers and buy bags of ice-melt / sand.

6) Check Foundations

  • Rake away all debris and edible vegetation from the foundation.
  • Seal up entry points to keep small animals from crawling under the house.
  • Tuckpoint or seal foundation cracks. Mice can slip through space as thin as a dime.
  • Inspect sill plates for dry rot or pest infestation.
  • Secure crawlspace entrances.

7) Install Smoke and Carbon Monoxide Detectors

  • Buy extra smoke detector batteries and change them when daylight savings ends.
  • Install a carbon monoxide detector near your furnace and / or water heater.
  • Test smoke and carbon monoxide detectors to make sure they work.
  • Buy a fire extinguisher or replace an extinguisher older than 10 years.

8) Prevent Plumbing Freezes

  • Locate your water main in the event you need to shut it off in an emergency.
  • Drain all garden hoses.
  • Shut off and drain all exterior taps.
  • Insulate exposed plumbing pipes.
  • Drain air conditioner pipes and, if your AC has a water shut-off valve, turn it off.
  • If you go on vacation, leave the heat on, set to at least 55 degrees.

9) Prepare Landscaping & Outdoor Surfaces

  • Trim trees if branches hang too close to the house or electrical wires.
  • Seal driveways, brick patios and wood decks.
  • Move sensitive and potted plants indoors or to a sheltered area.
  • Empty water barrels.
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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