Real Estate Update from ARET
The ARET Monthly E-newsletter
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
DO ENERGY STAR® APPLIANCES SAVE MONEY? With more and more appliance brands offering ENERGY STAR® certified products, you may be wondering if they’re worth the investment. After all, aren’t ENERGY STAR rated appliances more expensive than non-rated ones? The answer may surprise you! While non-certified appliances used to cost up to $200 less than those with the blue ENERGY STAR label, the prices have evened out and in some cases, you may be able to find an energy efficient appliance for less. Plus, ENERGY STAR appliances save money in the long run as they consume less energy than their counterparts. Furthermore, rebates from government agencies and service providers are often given to homeowners who purchase ENERGY STAR rated products. Check the ENERGY STAR section on the Natural Resources Canada website at www.nrcan.gc.ca/energy-efficiency/energy-star-canada/18953 for more information – including a list of the most energy efficient appliances of the year!
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
FOUR NO-FAIL HOME DECOR TIPS With home decor trends ever changing, how do you ensure the items you choose for your home today will still be in style tomorrow? “Style”may be a highly personal thing, but what we like and don’t like at any given time is influenced by what’s trending around us. Thankfully, there are a few guidelines you can follow to help you cultivate an interior space you’ll love for years to come. 1. Not having a plan is the quickest way to become overwhelmed and wind up with a mish-mosh of decor that just doesn’t quite work. Start with a single piece of furniture or an accent item that you love. Then, think of ways you can build around that item to achieve the end result you’re going for. 2. Save the wild colours, patterns and shapes for your accessories and artwork. Bigger pieces like furniture should be timeless. Think simple, clean lines and neutral colours. 3. White can be challenging if you have small children or pets in your home, but there’s a reason why the pages of any design magazine – during any era – will feature homes filled with white items. Because white is a classic! Plus, it’s a fantastic backdrop for more trendy colours and prints. 4. Anytime you consider buying a new piece for your home, ask yourself “will I still love this in five years?” If the answer is unequivocally “yes” – then go for it! If you aren’t sure or think you may tire of the item in a few years, then consider moving on to something else. albertarealestateteam@gmail.com
Alberta Real Estate Team • CENTURY 21 Platinum Realty
UPCOMING ARCHITECTURE TRENDS Thanks to advancements in drafting programs, material use and the ever-growing talents of architects, the next decade is set to be one filled with jaw-dropping feats of design and engineering. First up, indoor parks will begin to take over our interior spaces thanks to the design theory “wild urbanism.”The concept is about blending natural and manmade to create a new kind of public space. Next, does an invisible building sound like something out of a sci-fi movie? Indeed – buildings, cars and people have all been rendered invisible on the screen, but architecture you can’t see is about to become a reality. Using high-tech LED systems, a building’s exterior can now mimic its surroundings, making it seem as if it isn’t there. Lastly, power plants are about to get green makeovers. Architecture firm AZPA proposes buildings such as the Wedel Vattendall power plant in Germany be covered with plants, which would both beautify the structure and provide carbon dioxide absorption.
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
THREE ECO-FRIENDLY FLOORING OPTIONS Keep the environment in mind during your next renovation and consider selecting an eco-friendly flooring type. Although green flooring options were once limited to bamboo or cork, now even carpet is jumping on the sustainability train. Here are three currently trending eco-friendly flooring options. Forest Stewardship Council Certified Laminate. No longer a “cheap” alternative to hardwood, laminate has come a long way over the last few years. Many flooring companies are now making laminate that contains wood sourced from sustainably managed forests. Recycled-Content Carpet. Wonder where all those water bottles you’re recycling are going? Well, some of them are going into carpet! Look for carpet made from recycled PET such as Mohawk’s Everstrand. Concrete. It may not be the first material that comes to mind as a flooring option, but concrete fits perfectly into the current industrial decor trend. Concrete is durable and often contains recycled materials. It’s also known to minimize heating costs, which is great for your energy bill and the planet. albertarealestateteam@gmail.com
Alberta Real Estate Team • CENTURY 21 Platinum Realty
OUR FEATURED LISTINGS - Click the photo to view full listing
31 Haviland Cres, St. Albert $405,900 | Immaculate and Modern, with Nanny Suite!
5214 52 Street Wabamun $219,000 | Walk to the Beach
REDUCED
2330 37b Ave NW $379,000 | Must Sell in 10 Days!
#9, 10931 83 St NW $88,800 | Affordable Downtown Living
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
REDUCED
NEW LISTING
6021 213 Street $299,000 | Cul-De-Sac Attack!
3153 Cameron HeightsWay $839,000 | Living In Style!
3407 142 Ave NW $309,000 | Fantastic Home Overlooking a Park!
#114, 11803 – 22 Ave SW $159,900 | So Fresh, So Clean! Southside Condo
BUYERS! If you know of someone or are a potential buyer in the next 12 months you may want to take advantage of THE GREATER EDMONTON FORCED SALE LIST SELLERS! If you know of someone or are considering selling you can get an additional 5% by following the LEADING EDGE STRATEGIES + TIPS GUIDE
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
AUGUST RESIDENTIAL PRICES REMAIN STABLE DESPITE DROP IN SALES Edmonton, September 4, 2019 - Total residential unit sales in the Edmonton Census Metropolitan Area (CMA) real estate market for the month of August 2019 dropped 6.38% compared to August 2018. The number of new residential listings is also down, dropping 4.73% from August 2018, and overall inventory in the Edmonton CMA fell 12.21% from August of last year. Single family home unit sales are down 9.01%, while condo unit sales dropped 3.05%, and unit sales of duplexes fell 4.40% from the same period of time last year. All residential average prices remained stable at $367,339, similar to August 2018. Single family homes sold for an average of $434,634, a 2.24% year-over-year increase from August 2018. Condominiums sold for an average of $234,480, a 5.16% drop year- over-year. Duplexes are up 7.00% from last year to $354,455. “Edmonton real estate prices have remained relatively stable,” says REALTORS® Association of Edmonton Chair Michael Brodrick. “Single family home pricing is virtually unchanged, condos are up 5.19% from last month, while duplexes increased 7.00% year-over-year.” Overall, all residential listings averaged 62 days on market.
AVG. SALE PRICE SFD 1 $434,634
AVG. SALE PRICE Condo $234,480
ACTIVE LISTINGS 8,818
AVERAGE DOM 2 62
1 SFD = Single Family Dwelling 2 DOM = Days on Market Source: REALTORS® Association of Edmonton MarketvaluesstatedareoftheaverageofEdmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
CLICK FOR FULL REPORT
OR CALL WITH YOUR REAL ESTATE MARKET QUESTIONS
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
LIVE LIFE TO ITS FULLEST!
ACTIVITIES • Alberta Culture Days – September 27th to 29th • Etsy Made in Canada - September 28th and 29th • Edmonton International Film Festival – September 26th to October 5th
CONCERTS • Elton John: Farewell Yellow Brick Road - September 27th and 28th
• Tegan and Sara – October 9th • Shinedown – October 11th • John Fogerty – October 15th • Loud Luxury - October 16th • Dallas Smith and Dean Brody – October 19th
SPORTS • Edmonton Oilers vs Arizona Coyotes – September 24th
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
Government Program Incentive Information
1. No Down-Payment? You may qualify for the Federal Government “Home Buyer’s Plan” • It takes 90 days for the RRSP loan; • Most often it generates a larger tax refund as a bonus; • Must be pre-qualified for a mortgage. 2. RRSP holder? Home purchasers can use their RRSPs and have 15 years to pay it back, tax free. • Useable amounts are increasing; • 20% of new home buyers used this in 2018. 3. New Government investment money. This program will help you qualify and lower your mortgage payments. • You must have 5% down already; • You can qualify for up to 10% of the value of the home. Facts Facts
Take advantage. Start today!
*Disclaimer: Information herein deemed reliable but not guaranteed
albertarealestateteam@gmail.com
Alberta Real Estate Team • CENTURY 21 Platinum Realty
OUR INDUSTRY PARTNERS TO SERVE YOU
INSPECTORS Name: Mitch Waldon Company: Waldon Works Phone: 780.232.2180 Email: mitch@waldonworks.com LAWYERS Name: Peter B. Mason Company: Peter B. Mason Real Estate Lawyer Phone: 780.908.6721 Email: peter@pbmlaw.ca www.pbmlaw.ca Name: Darren Richards Company: Richards Hunter Phone: 780.456.8554 Ext:242 Fax: 780.456.8566 Email: d.richards@rht-law.ca www.rht-law.ca
MOVING SERVICES Company: 1-800-Got-Junk Service: Junk Removal Phone: 1.800.468.5865 Company: PODS Service: Storage Container Phone: 1.877.616.7637
MORTGAGE SPECIALISTS Name: Duane Springsteel Company: cdnmortgages.ca Phone: 780.920.4565 Toll Free: 1.877.232.8615 Email: duane@mortgagegrp.com www.cdnmortgages.ca Name: Brandon Scott Company: Benchmark Mortgages Phone: 780.800.5500 Email: brandon@benchmarkab.com
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Bul Go Gi House It’s about the farthest thing from Canadian food, but if you need to get your Korean fix, head to Bul Go Gi House. Since 1973, this unassuming, unpretentious hole in the wall has been Edmonton’s go-to place for the best Korean food in the city. Serving up authentic Korean classics such as gyeran mari (rolled Korean omelette), kimchi jjigae (spicy pickled cabbage stew), bulgalbi (sweet marinated ribs Korean-style), or the eponymous bulgogi (thinly sliced marinated beef), Bul Go Gi House will take you to the streets of Seoul without leaving the city limits. Find Bul Go Gi House at 8813 92 Street NW. It’s open Monday through Saturday from 11am to 9:30pm. The Wildlife Underpass Located underneath a busy stretch of Anthony Henday Drive, the “Wildlife Underpass”as it’s known by locals, is one of the coolest, yet least popular attractions in the city. That isn’t because it lacks personality, but because it’s not easy to access. It’s just south of Rabbit Hill Road, and if you park your car at the east end of Mullen Crest, it’s still a 7-minute walk. The underpass is just a giant tunnel that goes under the freeway, allowing animals to get from one area to the other without causing an accident. Moose are sometimes seen going through the tunnel, as are other small animals. In addition, the walls are covered with graffiti, giving off an interesting artistic aura that’s like your own personal art museum. Junque Cellar Tourist attractions aren’t the best place to find gifts and items for your home. These mass-produced trinkets, t-shirts, and other memorabilia often find their way into the rubbish instead of your coffee table. The Junque Cellar changes all that. This flea-market-type store has bizarre decor, furniture, and other knickknacks that make your trip to Edmonton a worthwhile venture. You can find the Junque Cellar at 10442 82nd Avenue NW. Hours are 10am to 9pm Monday through Thursday, 10am to 9:30pm on Friday, 10am to 7pm on Saturday, and 10am to 5pm on Sunday. Alberta Real Estate Team • CENTURY 21 Platinum Realty HIDDEN GEMS MOST DON’T KNOW ABOUT ^ in Edmonton
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Alberta Real Estate Team • CENTURY 21 Platinum Realty HIDDEN GEMS MOST DON’T KNOW ABOUT ^ in Edmonton Dadeo Want a taste of the Big Easy, but don’t have the money for a plane ticket? Head over to Dadeo New Orleans Diner at 10548AWhyte Ave. This local gem is shrouded in New Orleans-style decor with a ‘50s diner vibe. Grab a po’boy, a bowl of gumbo, or a slice of key lime pie for a taste of the American South. Hours are Monday, Tuesday, and Thursday from 11:30am to 10pm, Friday and Saturday from 11:30am to 11pm, and Sunday from noon to 9pm. The Sugar Bowl The Sugarbowl has been providing a unique atmosphere and delicious food to the Garneau and University communities and Edmonton as whole since 1943. In this time it has taken many different shapes, from a burger joint in the 40s and 50s to a coffee house through the 60s and 70s, finally evolving into the full-service bistro and neighborhood pub that you know today. Kinnaird Park, at 77 St and Jasper Ave Gorgeous views overlooking the river valley, across from Riverside Golf Course. It has a 4.3 loop trail, rated moderate. Heading East you can hardly believe that you’re in the middle of the city, as you walk through a ravine surrounded by trees and beautiful nature scenery. Heading back West, there are paved trails with views of Downtown, and hoodoo-like formations. Plus it’s dog friendly!
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
INVESTOR’S CORNER
TAKE ADVANTAGE This type of market is a dream market. With an amazing list of active foreclosure and for sale
listings, and one of the more unique features of seller financing options for those that don’t want to use a ton of capital or cannot qualify. Contact us for your Top Ten property list. See next slide for ROI Investment Comparisons
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Alberta Real Estate Team • CENTURY 21 Platinum Realty
CLICK TO MAKE LARGER
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Alberta Real Estate Team • CENTURY 21 Platinum Realty Meet Our Team!
From left to right: Lyndon Sommert, Alana Lamoureux, Ron Schuster and Monika Dul
780.439.3300
Alberta Real Estate Team • CENTURY 21 Platinum Realty
YOUR BUSINESS IS EXTREMELY IMPORTANT TO US, THEREFORE WE WILL ALWAYS STRIVE TO PROVIDE THE BEST REAL ESTATE SERVICES:
• Buyers Benefit Program
Property Hot List Systems
• Sellers Benefit Program
Expert Marketing Structure
• Wealth Builder Investing
Asset Portfolio Development
• Financing Options
No Money Down To Interest Rate Discount
• Property Management Partnership All Building Types • Discounted Renovation Services Complete Contracting Needs
Contact us - If you would like to contact Alberta Real Estate Team in regards to buying or selling a home, please feel free to contact us at 780.439.3300 or via email albertarealestateteam@gmail.com “The Greatest Compliment Is The Referral of Family and Friends!” www.aret.ca
780.439.3300
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