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Imagine going to a restaurant with your family for dinner. You're planning on ordering a nice pasta and salad. Your heart is set on it. But, after you go to the trouble of driving there and getting a table, you discover that pasta is not on the menu.


That’s disappointing!


Of course, it’s only a meal. You can go somewhere else next time. But, what if the same scenario played out once you had moved into a new neighborhood? Imagine you were counting on public transit being in easy walking distance, but discovered the nearest stop is four blocks away. Argh!


That's why it's important to ensure a neighborhood has the characteristics you want — before you make an offer on a home you like.


Think about what you want most in a neighborhood. Consider work, commuting, schools, playgrounds, noise level, walking and cycling, hobbies, shopping, entertainment, etc.


If there is a neighborhood feature that is very important to you, check it out for yourself. For example, if easy access to a main highway is desirable for commuting, take the route for a test drive.


You can get a lot of information on a neighborhood through the listed property's description and MLS listing.


Want more in-depth insights into an area you're considering? I have that information. Call today.

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I have sold a property at 630 Carter WAY in Saskatoon

I have just sold a property at 630 Carter WAY in Saskatoon.
Charming 2-storey home ideally located on a desirable, quiet, mature crescent. This inviting 1344/2 sqft, 4 bedroom, 3 bathroom family home is fully developed for maximized enjoyment of living space. Boasting an open main floor layout with spacious entranceway, naturally bright oversized living room with easy to clean laminate flooring and beautiful bay window, white heritage kitchen with plenty of counter space, walk-in corner pantry & large island and is accented by a stainless steel fridge, slide-in stove, otr microwave, b/i dishwasher and quality tile backsplash & flooring leading into the dining area. The Upper level features a huge master bedroom with bay window, 3-pc en-suite and walk-in closet, 2 ample sized additional bedrooms and modernized 4-pc bathroom with beautiful tile tub surround and flooring. Basement has a cozy family room that’s wired for surround sound and has an additional 4th bedroom, bonus den/storage room, 3-pc bathroom, under stair storage and laundry room. Eye catching street appeal, relaxing East facing front Veranda, off street front drive parking, fully fenced, landscaped with brick flowerbeds, storage shed and large deck. This home includes Samsung washer/ dryer as well as central air conditioning to combat the hot summer days that are sure to come and has alley access in back for future option of garage. Priced 10,000+ below October 2018 appraised value & city fair value. Close to the new development areas of Blairmore & Kensington shopping & amenities. This is the house you’ve been waiting for; book your private viewing now.
$289,900. Confederation Park, Saskatoon
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Congratulations to my repeat VIPs’ Spencer and Jenna on the sale of the home I had the privilege of helping you purchase years ago.  It’s an amazing family home that you’ve tremendously enjoyed and it took less than a week to find another family who felt the same way.  I’m thrilled to have been able to beat market averages for you; not only for Days on Market but also List to Sell price percentage - Take that Buyers Market Averages!!! 


Thank you for your trust & hard work to make this happen, I couldn’t have done it without you.  I greatly appreciate your loyalty and ongoing support.  It’s been wonderful helping you again, this time as your SRS®, RENE, Realtor®.

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New property listed in Nutana, Saskatoon

I have listed a new property at 905 TEMPERANCE ST in Saskatoon.
Investors! Location! Rare and unique 3 suite revenue property in prestigious beautiful Nutana; situated on one of the most desirable streets in Saskatoon. This income generating property has a South Easterly exposure, charming street appeal and many character touches. Live in or rent the Main floor which is accessed by an inviting front veranda that leads to spacious porch/mudroom. Main floor features a spacious living room accented by beautiful original hardwood and gas fireplace with surrounding frosted glass wooden cabinetry, a large formal dining room & galley kitchen with newer Vinyl flooring, four piece European bathroom and two ample sized bedrooms. The currently rented second level features a bright, open concept loft living style consisting of a living room, dining area, breakfast/sitting nook and upgraded kitchen with newer laminate flooring, quaint 3 piece bathroom with skylight and 2 large bedrooms with newer carpet. Currently rented basement suite features, a trendy open style kitchen and dining area , large living room with nook and 2 large bedrooms and large 4 piece bathroom with built in linen shelving. Shared laundry in basement, each suite has its own separate entrance. The attached oversized 21 x 17.9 garage has been developed into a separate living space. Though currently not functional as a garage or heated, it’s easily converted back or could be further developed to make a possible 4th suite. Fully fenced, large mature lot with shed & triple asphalt parking in back. Well maintained with upgrades being: boiler (2014), Hot water tank (2018), electrical panel (2007), shingles (2010). Includes 10 appliances and sauna. Fully rented this property was generating $3200/month. PRICED $25,000 below Oct. 2017 Appraisal. Walking distance to University, the River and Rotary Park, Downtown and Broadway.
$499,900MLS. Nutana, Saskatoon
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Ideally you should have a week or two available before you list your property in order to stage your home and make it look its best for buyers. But, what if you listed quickly and within hours of the For Sale sign going up a buyer wants to view your property?


In that scenario, you need to do some quick "staging" to get your home ready. Let's assume your property is already clean and tidy. Here are some other things you can do.


· Open the curtains, even at night. This will make each room seem brighter, more appealing and more spacious.


· Pull out some boxes or storage bins. Put away personal knick-knacks (like that bowling trophy) and other personal items to reduce clutter on shelves and countertops.


· Clear countertops in the kitchen and bathrooms. Put the old toaster oven out-of-sight.


· Make sure lighting throughout the house is bright and comfortable. In darker areas, plug in a lamp.


· Clear away as much as you can in the foyer. Make that space look open, uncluttered and welcoming.


· Move cars out of the driveway. Give the buyer a convenient place to park!


· Make the beds. Fluff pillows on sofas.


· Clear away as many items as possible from the closet floors (such as shoes.)


· Open a window and air out the kitchen, especially if you just finished cooking.


· Make sure your pet is in a crate or, if possible, out for a walk. Not everyone loves pets.


These staging tips take only a few minutes each, but can make a big difference in the impression your home makes on a buyer.


Want more home selling advice? Call today.

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Despite the very cold temperatures in February, Saskatoon and region home sellers found a little warmth as new listings dropped 7% and sales rose 6%.

The Saskatoon Region Association of REALTORS® (SRAR) reported 731 homes were listed, down from 783 in the same month of last year, while sales rose to 296 from 280.

The dollar volume of homes sold through the Multiple Listing Service® (MLS®) rose 4%, to $95.8 million from $92.4 million.

Year to date, listings dropped 7% to 1,591, sales were up 1% to 570, and the dollar volume was down a marginal 1% to $180.8 million.

Excluding the region, new Saskatoon listings were down 8.6% in February to 478 — the fewest since 2013 — while sales held steady with last year, rising by one to 211. Months of inventory dropped to 6.7 from 7.5 last February

City homes listed to date in 2019, at 1,033, are at their lowest level in nine years. February statistics indicate a change in a market that has been declining for four years.


“Sales have stabilized somewhat, and inventory levels are coming down,” said Jason Yochim, CEO of SRAR. “As an optimist, I believe and hope it will continue. However, people have to be confident that the economy is improving before committing to the purchase of a home.”

He noted that while some sectors of the economy, such as potash mining, are doing well, others are less robust. “It’s not that people aren’t working; they are. But they won’t upgrade unless they have confidence in their situations.”

The average price in Saskatoon also recovered slightly to $338,268, up 2.3% from last February. Yochim cautioned that average prices can be misleading because the basket of sales in any given month can be very different from another. For example, if two or three high-priced homes sell, that can significantly skew the average. A better gauge, said Yochim, is the Home Price Index (HPI), which tracks prices over time based on a benchmark determined 15 years ago. Saskatoon’s overall HPI, including apartment-style condos, was $282,600 last month, down 3% from last year. The most expensive category, 
two-storey single-family homes, was down 1% at $356,000.

Saskatoon remains a buyers’ market, with a sales-to-listing ratio of 44; but the ratio has risen from 34 in January, for a year-to-date ratio of 40. A ratio of 50 is a balanced market, while a ratio of 60 denotes a sellers’ market.

“Even in a buyers’ market, sellers can successfully sell their homes,” said Yochim. “The most important aspect to achieving a sale is pricing a specific property to match the current market conditions. This is where the assistance of a REALTOR® comes in. Not only do REALTORS® have the knowledge to help a seller arrive at a realistic price, but they are also professionals who subscribe to a strict code of ethics. They can guide sellers, and buyers, through the process, and help them make the best decisions.”  


Source: March 2019 SRAR News Release 
 
Looking for sound market advice?  As REALTOR® and Nationally Accredited Buyer Representative - ABR®, Seller Representative Specialist - SRS® and Real Estate Negotiation Expert - RENE, I can provide you with this advice. Call today.


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