Pat Lanuke's Home Trends

BAMBER REALTY LTD.

Pat Lanuke c: 403.510.7041 Associate Broker/ Real Estate Associate

Pat.lanuke@century21.ca www.patlanuke.c21.ca 1612 17 AVE SW Calgary, AB T2T 0E3

Pat Lanuke

NEW HOME ESSENTIALS

Preparing to move into a new place means making sure it's stocked with the everyday essentials. Whether it’s your first home or you were over-zealous with your purge when packing from your last residence, here are a few odds and ends to consider adding to your shopping list: • Entry way: new door locks, shoe tray/storage, coat rack, hangers for the closet • Bathroom: new shower curtains (and rods), drawer organizers, trash can, soap dishes • Laundry room: drying rack, hangers (and a tension rod to hang damp items on to dry), storage bins for supplies • Deck/Patio: insect repellant, electric, gas or charcoal grill (and tools), portable fan • Household maintenance: light bulbs, toilet plungers, extension cords, fire extinguisher, flashlight, basic tool kit, step stool, tape measure, surge protectors This isn't an exhaustive list, so take a few moments to walk through your new home and take note of what else you might need.

403.510.7041

Pat Lanuke

ADDING FERNS TO YOUR DECOR Ferns are low maintenance, attractive and overall great plants to grow indoors. Ferns, by definition, don't have flowers so they add a lot of greenery to your decor and can help a room feel lush and welcoming. In the wild, they typically grow on forest floors under canopies of trees, try to keep that type of environment in mind when using them as a houseplant. Ferns thrive in indirect light, away from windows, air vents or heat sources like fireplaces. Think about placing them near a north- or east-facing window. If the leaves turn yellow the fern is not receiving enough light or if the leaves turn dry and crispy, it's getting too much sun. They like to be watered regularly; moist, but not saturated soil is a must, ensure you use a well-draining variety of potting soil. Misting the leaves on occasion provides the excess humidity they'll need to thrive. Feel free to fertilize your ferns monthly from early spring to fall. When they get too big for the pot they're in, you should transplant them into a larger planter so their roots have room to grow. The best time of year to do this is during the spring when they're about to go into their peak growing season.

403.510.7041

Pat Lanuke

TIPS FOR SHARING A BEDROOM Making the most out of the home you're in can mean children sharing a bedroom. Thankfully modern bunk beds and sleeping options offer a variety of configurations that can surely appease even the most stubborn and picky child. From bed and desk combos to floating beds to princess castles and pirate ships, you can take the room from boring to spectacular quite easily, which can help children adjust to the idea of sharing a bedroom if it’s new concept to them. If your local furniture shop doesn't have the right configuration for your needs, head online to shop or browse ideas on a website like Pinterest and venture into DIY territory. When bunk beds aren't an option, or your children are “too old” for them, separate beds or living spaces with screens placed on the floor, fabric drapes hanging from the ceiling or even dressers or other furniture. Use paint and decor elements to give each child their own sense of space by making their portion of the room into an area that reflects their personality. Having the beds up against the wall in a “L” format leaves the largest open area but sometimes arranging the beds on opposite walls creates the distance and private space children might require. Lots of communication, involvement in choosing décor and bedding and highlighting the benefits of sharing a room will all help children feel more comfortable as well.

403.510.7041

Pat Lanuke

NEUTRALIZING ODOURS Every home has a scent and if you're selling you should try to neutralize your home's to make it more appealing to buyers. Some scents are appealing (like fresh baked bread) but others can be triggering to those with allergies or a heightened sense of smell. Before spraying a room deodorizer which may just mask any issues, try these natural options first. Baking soda is known to absorb odors, placing a box in the kitchen, laundry room, bathroom and where your pets live will help neutralize any smells. You can also sprinkle it onto the carpet and vacuum it up after giving it time to absorb odours. Activated charcoal has gone through a heat or chemical process to make it porous which will absorb odors. Place in a breathable cotton bag and put it in closets, trash cans, near the diaper pail and anywhere else odors seem overpowering. Air purifiers are a bit expensive and can take up precious space in a room, but they are excellent to have when trying to remove a strong smell from your kitchen, living room, bedroom, etc. They work by filtering the air from smells, toxins and other pollutants in your home. Opening windows and allowing fresh air into the home can also help and using a fan to direct the stale indoor air to the outside is recommended. If you’re unsure if your home has a scent, ask your friends and family and your real estate agent for an honest opinion.

403.510.7041

Pat Lanuke

JUNE SALES DECLINE AMID SUPPLY CHALLENGES AND RISING PRICES

BENCHMARK PRICE Single Family Dwelling $767,600

BENCHMARK PRICE Rowhouse $464,600

ACTIVE LISTINGS 3,787

SOLD LISTINGS 2,738

City of Calgary, July 2, 2024 - Sales in June reached 2,738, marking a 13 percent decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17 percent higher than long-term trends. “The pullback in sales reflects supply challenges in the lower price ranges, ultimately limiting sales activity,” said Ann-Marie Lurie, Chief Economist at CREB®. “Inventory in the lower price ranges of each property type continue to fall, providing limited choices for potential purchasers looking for more affordable product. It also continues to be a competitive market for some buyers with over 40 per cent of the homes sold selling over list price.” This month, new listings also eased relative to sales, causing the sales-to-new-listings ratio to remain elevated at 72 per cent. Inventory levels did improve over last year’s low levels, primarily due to gains in the higher price ranges. However, with 3,789 units available, levels remain 40 per cent lower than long-term trends. The modest change in inventory levels helped increase the months of supply. However, at 1.4 months, conditions continue to favor sellers. Persistently tight conditions drove further price gains this month. In June, the unadjusted benchmark price rose to $608,000, a gain over last month and nearly nine per cent higher than last year. Source: Calgary Real Estate Board | Market values stated are of the benchmark of Calgary 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.

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