RSS

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
Read


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®.

Read

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
Read




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.

Read


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.


Read

New property listed in Confederation Park, Saskatoon

I have listed a new 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. Listed 10,000+ below 10/18 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.
$289,900MLS. Confederation Park, Saskatoon
Read


Moving around the corner or even across town is relatively simple because you are likely familiar with the various neighbourhoods and you can access them anytime. If there's a listed home you want to view, you can simply go see it.


Relocating to a different town or city, however, is much more challenging. It may not be possible for you to make multiple visits to see homes for sale. You may also be unfamiliar with the various neighbourhoods.


So what do you do if you want to move out-of-town or need to relocate due to work?


Your first step is to get the information you need. You'll want up-to-date data on the neighbourhoods so you can pinpoint the ones that are the best fit for your needs and lifestyle. You'll also want to get a sense of the types of homes for sale in those neighbourhoods — style, size, features, listing price, etc.


Your next step is to schedule a day to view homes. This visit must be carefully planned so you only see those properties that are likely to be of interest. You don’t want to travel all that way only to end up seeing properties you wouldn't likely buy. What a waste of time!


So, if you’re relocating, you’ll need help. Give me a call. I can help make the relocation go smoothly for you.

Read




If you're thinking ahead to your next dream home, the road you need to take to get there may seem confusing. Do you search for listings online? Drop by Open Houses on the weekends? Call the number on For Sale signs?


Let's break it all down! Here are the specific steps you need to take to ensure you find a home that fits your wants, needs and budget.  


1. Find out how much your current property will likely sell for on today’s market.  


2. Arrange for financing, so you know what you can afford.


3. Select neighbourhoods you'd love to live in. (That may involve some fun exploring!)  


4. Decide on the type of home you want to buy. (For example: detached, three-bedroom, etc.)


5. Prioritize the property features you want most, so you can be flexible if a feature is missing from a home listed on the market that is otherwise ideal.


6. View properties on the market that closely fit your criteria, particularly new listings that may not yet be posted online. (Tip: Arrange to be immediately notified of new listings that are a good fit for you.)


7. When you find a home you want, make an offer designed to get the property — without overpaying.


8. Negotiate until you secure the deal. This may involve counter-offers.


9. If the negotiation is skillfully done and all goes well, the home is yours. As you can see, there isn't a lot of mystery in finding your next dream home. You just need to take the steps and get the professional help you need along the way.


Looking for a real estate agent that can get you to the finish line? Call today!

Read


Year over year average sale price was down 12% in January at $302,412. By comparison, the average price in January of 2017 and 2018 was $$341,260 and $344,720 respectively. The challenge with averages is that the numbers can be skewed in a given period and are therefore not a reliable reflection of pricing. For this reason, the Canadian Real Estate Association created the MLS® Home Price Index (HPI) for major cities to give a more accurate reflection of pricing trends. The HPI establishes attributes for a handful of typical housing styles; Single Family, One Storey, Two Storey, Townhouse, Apartment and a composite of all five. It then establishes a base value to each with the starting point of 2005. From that starting point, changes in value are recorded over time to get a better sense of what is happening to pricing and where prices may be trending. For example, the MLS® HPI value for a typical Single-Family home in January of 2005 was $140,400. This value reached its peak in May of 2015 at $329,500. At the end of January 2019, this value is at $304,300, down from $307,300 in last January. This indicates a less drastic decline in year over year values. By comparison, five years ago this benchmark price was $320,800 and ten years ago $268,200. For more information on HPI go to contact a member of the SRAR or visit saskatoonrealtors.ca .

The total MLS® dollar volume for sales in the Saskatoon Region for January was $84M down 6% from a year ago and comparable to 2017. In spite of this dollar volume decline, January residential home sales on the Multiple Listing Service (MLS®) in Saskatoon totaled declined by only 1% in January with 199 transactions. The region surrounding Saskatoon had 60 MLS® sales in January, only five less than last January and 18% more than January 2017. 

Residential MLS® listing totals for January was the lowest in the past six years with 555 new listings introduced to the market, 10% lower than last January. For the market surrounding Saskatoon, the number of new MLS® listings was unchanged from a year ago with 216 units listed on the market. “New listings to the market are not always houses being introduced for the first time to the market.” comments Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® (SRAR). “Often new listings are homes that did not sell in the initial listing attempt and are relisted, often at a revised price.” The total number of active listings as at the end of last month was 1,450 compared with 1,529 last year. “It’s positive to see the overall number of active listings decline to prepare the way for prices to recover.” adds Yochim “some price ranges with still have a good supply to choose from while others will not. It’s important to remember that REALTORS® have the greatest access to available property” he adds. 

Source: February 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.
Read



Imagine you've found the perfect home. You love it. You've made an offer that's been accepted. So far so good! The only catch? You've wisely made the offer conditional on passing a professional home inspection.


What happens if that home inspection reveals a major issue?


First, you should know that, depending on the age of the property, a home inspection will typically turn up at least a few areas of concern. The inspector might find loose insulation in the attic that is thinning out or roofing shingles that will need replacing in two or three years.  


Issues like those are not usually deal-breakers.


However, if the home inspector finds a major issue — such as old wiring that's worn and presents a safety concern — then you're facing a potentially high cost of repair should the deal go through.


In a situation like that, as your real estate agent, I will address the issue with the seller, usually through the seller's agent. Since neither of you will want to lose the deal, the seller often agrees to get the repair done at his own expense or, have some or all of the estimated repair cost deducted from the sale price.


Will the deal be in jeopardy? Usually not. In most cases, if you have a real estate agent like me working in your best interests, it all works out.

Read



For some people, the thought of listing their home for sale is stressful. They worry about all the things they have to do — and all the things that might go wrong.


Luckily, it doesn't have to be that way. Here are some tips for making your home sale go smoothly:


· Give yourself time to prepare. If you're thinking of selling six months from now, start preparing your property now. Do any necessary staging, and get it looking its best. Avoid doing these tasks at the last minute.


· Set the right price. Pricing your property too high will likely result in few, if any, buyers coming to see it. You might end up having to lower your price later, causing your home to linger even longer on the market. That's stress you don't need!  


· Have a flexible viewing schedule. If you make it too difficult for buyers to see your property, they might lose interest or simply choose to buy another home. Be as flexible as possible when a buyer wants to view your property.


· Plan get-away activities. When a buyer comes for a scheduled viewing, don't be home. Instead, plan some fun activities for your family. Think: playground, shopping, cycling, the zoo, etc.


· Accept the ups and downs. Prospective buyers might say they love your home and plan to make an offer. Then you don't hear from them again! It happens! Accept the inevitable ups and downs of selling your home.


· Get help with repairs. You'll probably have things that need to be fixed around the home, like a dripping faucet that needs repair or a room that needs painting. If possible, hire a professional to do some of that work.


· Finally, work with a great real estate agent. That will make the biggest difference in ensuring your move goes smoothly and stress-free.


Looking for a real estate agent like that? Call me!

Read

 

December residential home sales on the Multiple Listing Service (MLS®) in Saskatoon totaled 164 transactions, 20% fewer than December of 2017 which recorded 205 residential sales. The region surrounding Saskatoon had 43 MLS® sales in December of 2018, only one less than the previous December. The total annual number of residential home sales for 2018 in Saskatoon totaled 3,329 units. This is a 5% decline compared to the total number of home transactions for 2017. This represents the fourth straight year of a decline in annual home sales in Saskatoon. By comparison there were 4,417 MLS® sales in 2014, an overall reduction of almost 25%. There was no change in the total annual sales for the surrounding region with 986 residential MLS® transactions.

The total dollar volume recorded for residential MLS® sales in Saskatoon in December was $55.6 Million, down 20% from December 2017. The total dollar volume for the entire year reached $1.108 Billion, 8% lower than 2017. The combined dollar volume for Saskatoon and region for last year was down 4% from 2017 at $1.524 Billion.

Residential MLS® listing totals for the year continued to be lower than previous years. A total of 7,956 residential listings were recorded for Saskatoon on the MLS® System in 2018. This is an 11% reduction from 2017’s total of 8,969, representing over 1,000 fewer new listings. The five-year average for new listings in a calendar year in Saskatoon is 9,081. “Even though overall sales are down, fewer new listings has helped contribute to fewer properties available to buyers in the Saskatoon market.” comments Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® (SRAR). The total number of active listings at the end of the year was 1,487, consistent with the five-year average of 1,480 available properties. The highest level of active properties was in July of 2017 when there were 2,210 active listings in the city of Saskatoon “Available properties will vary depending on neighborhood, price range and style.” cautions Yochim “some price ranges with still have a good supply to choose from while others will not. 

When it comes to home price trends, the best indicator of what is happening with home prices is the Home Price Index. The Home Price Index establishes attributes for a typical single-family home with a base value in 2005. From that starting point, changes in value are recorded over time to get a better sense of what is happening to pricing and where prices may be trending. The value for the typical single-family home in January of 2005 was $140,400. This value reached its peak in May of 2015 at $329,500. At the end of December, this value is at $307,000, down from $310,900 in November. This value is virtually unchanged from a year ago, however, it has been trending downward since the middle of 2018.

Source: January 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.
Read
Categories:   Aberdeen Real Estate | Avalon, Saskatoon Area 02 Real Estate | Brevoort Park, Saskatoon Real Estate | Caswell Hill, Saskatoon Area 04 Real Estate | Caswell Hill, Saskatoon Real Estate | Confederation Park, Saskatoon Area 05 Real Estate | Confederation Park, Saskatoon Real Estate | Corman Park, Saskatoon NW Real Estate | Cudworth, Saskatoon NE Real Estate | Delisle, Saskatoon SW Real Estate | Dundonald, Saskatoon Area 05 Real Estate | East College Park, Saskatoon Area 01 Real Estate | Eastview, Saskatoon Area 02 Real Estate | Evergreen, Saskatoon Real Estate | Exhibition, Saskatoon Area 02 Real Estate | Fairhaven, Saskatoon Real Estate | Forest Grove, Saskatoon Area 01 Real Estate | Lakeview SA, Saskatoon Real Estate | Lakeview, Saskatoon Area 01 Real Estate | Lawson Heights, Saskatoon Real Estate | Martensville Real Estate | Massey Place, Saskatoon Area 05 Real Estate | Mayfair, Saskatoon Area 04 Real Estate | Mayfair, Saskatoon Real Estate | Meadow Green, Saskatoon Area 04 Real Estate | Montgomery Place, Saskatoon Area 05 Real Estate | Mount Royal SA, Saskatoon Real Estate | Mount Royal, Saskatoon Area 04 Real Estate | North Park, Saskatoon Area 03 Real Estate | North Park, Saskatoon Real Estate | Nutana S.C., Saskatoon Area 02 Real Estate | Nutana, Saskatoon Area 02 Real Estate | Nutana, Saskatoon Real Estate | Osler Real Estate | Pacific Heights, Saskatoon Area 05 Real Estate | Parkridge, Saskatoon Area 05 Real Estate | Pleasant Hill, Saskatoon Area 04 Real Estate | Prud'homme Real Estate | Prud'Homme, Saskatoon NE Real Estate | Riversdale, Saskatoon Real Estate | Sarilia Country Estates Real Estate | Saskatoon Real Estate | Silverspring, Saskatoon Area 01 Real Estate | Silverwood Heights, Saskatoon Area 03 Real Estate | Stonebridge, Saskatoon Area 02 Real Estate | Stonebridge, Saskatoon Real Estate | Warman Real Estate | Warman, Saskatoon NW Real Estate | West College Park, Saskatoon Area 01 Real Estate | West College Park, Saskatoon Real Estate | Westview Heights, Saskatoon Area 05 Real Estate
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.