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Buyers are using the internet to search for properties more than ever before. In some cases, they can even go on a “virtual” tour of a home using their smartphone or desktop computer. So, you might be wondering if the old fashioned Open House still works these days?
 
The answer is yes. Otherwise, you wouldn’t see them advertised. If Open Houses didn’t work, no one would be doing them!
 
No matter how good the internet gets, it can’t compete with a buyer being able to visit a property in person, walk through the rooms, stand in the backyard and imagine himself BBQ-ing with his family, stroll the area, and meet neighbours.
 
An Open House makes it easy for buyers to do just that.  
 
It’s an open invitation for them to come by at a specific date and time, to see the property and chat with the REALTOR®. It’s a casual environment, which many buyers prefer. Some buyers, in fact, are more comfortable going to an Open House before scheduling a private viewing.
 
Will you need an Open House to sell your home?
 
That depends on a lot of factors. When I work with clients, I put together a marketing plan designed to sell the property quickly and for the best price possible. Depending on the circumstances, that may or may not include an Open House.
 
If you have questions about what would be involved in a quick and successful sale of your home, contact me. I’d be happy to chat and answer your questions.
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You’re at work when the thought hits you, “Did I lock the door when I left this morning?” You check your smartphone, see that you didn’t, and click the “LOCK” button. Now your house is secure.

 

That’s home automation for you!

 

But, is home automation a good idea? That depends on a number of factors.

 

On the pro side, home automation can improve your quality of life. There are automation products that will adjust heating/cooling depending on whether or not you’re home, make your morning coffee when you get out of bed, and the list goes on and on. These conveniences save you time.  

 

 

Home automation can also give you peace-of-mind. It’s comforting to be able to remotely see the inside of your home and check that everything’s okay.

 

Home automation can also make your property more appealing to buyers. Traditionally, buyers like homes with security systems, and will appreciate other automation gizmos, too.

 

The only downside is the cost. Like most new technology, home automation products can be pricey and may become out-of-date within just a few years.

 

Thinking about it? Experts advise you to do your research first. Check out product reviews online. Then, if you determine that a particular product is going to benefit you, go for it!

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I have listed a new property at 304 250 Pinehouse PL in Saskatoon.
LOWEST PRICED Top Floor condo in the North End and walking distance to South Saskatchewan River. Ideally located in Lawson Heights within “The Lexington” building, this upgraded South facing unit offers a spacious floor plan tastefully painted, accented by modern fixtures and a flooring blend of laminate, linoleum and carpet throughout. Showcasing a kitchen with full height maple cabinets & granite counter tops; Luxury sized bedroom; Four piece bathroom featuring a deep relaxing soaker tub with ceiling high ceramic tile surround and a maple & granite vanity; Bonus in-suite laundry/storage room and an oversized “natural light” living room with patio doors providing access to the large balcony with classic black iron rail and open storage area. Price includes; black flat top range, hood fan, fridge & built in dishwasher, blinds, combo washer/dryer, air conditioning and 1 exclusive parking stall (visible from unit). You’ll be impressed the moment you walk in - don’t miss out on this fantastic deal!
$124,900MLS. Lawson Heights, Saskatoon
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Being firmly a challenging #buyersmarket, even more so in the #Prudhomme area, with last recorded sale over 460 days ago (by me #ABR),  it gives me great pleasure to place this #SRSSOLD sign hundreds of days faster than competing property!  It’s the 2nd time I’ve had the pleasure of selling this property and I am thrilled to have achieved success again. 

 

Congratulations to newest #VIPs Brandon & Rebecca - Big Thanks for choosing me as your Seller Representative Specialist and your trust & efforts.  Wishing you all the best moving forward!

 

#RoyalLePageHallmark #RENE #SRS christinelelond.com

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I have just sold a property at 35 1st AVE in Prud'homme.
REDUCED $20,000 - Amazing deal!!!! Seller is motivated to sell this unique upgraded, value packed family home with front facing view of a pond. Featuring Bamboo Wood & Hickory laminate flooring, Eat-in country kitchen with ample cabinets & porcelain tile, upgraded bathrooms and 4 oversized bedrooms. Heated 16x34 attached garage with ideal shop area, 25x15 wood deck off living room with side enclosed dog run. Concrete padded play area outside with 4 equalized water tanks for watering the mature lot accented with a garden area, flower boxes, berry bushes & towering trees. New water heater, 50 year shingles, central air, upgraded plumbing & electrical, 2 newer furnaces & reverse osmosis system. Basement is partially completed with newly reinforced hydraulic cement, drywall & flooring in family room and playroom with framing completed for potential 3rd bathroom and 5th bedroom. Located only 40 minutes NE of Saskatoon in the quiet, peaceful village of Prud’Homme - where community living is at its finest.
$119,900. Prud'homme
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Is selling your property the furthest thing from your mind? Well, here are some reasons for listing your property that you might not have considered.

 

1. Your property may be worth more than you think. (It’s difficult to determine market value on your own. I can calculate it for you. Give me a call.)  

 

2. You might qualify for a better home than you anticipate.

 

3. Perhaps you are tired of your current property and want a change.  

 

4. There may be homes on the market in a neighbourhood in which you’ve always wanted to live.

 

5. Your current property may no longer meet your needs.

 

6. Your neighbourhood may have changed in ways you don’t like.

 

7. You might be ready to downsize or upsize and you no longer want to put that off.

 

8. You may want to sell in the fall, so you can have a fresh start in a new home in the new year.

 

9. Depending on the type of home you’re considering, you could end up with lower mortgage payments or no mortgage at all.

 

10.You might want to move to a home that’s more conveniently located near work, family and hobbies.

 

Of course, you may have your own reasons for listing this month. Why not discuss them with a real estate expert? Me. I can answer your questions and explain the options available to you.

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The Saskatoon real estate market saw a 19% decline in MLS® home sales in September compared to a year ago. Total MLS® sales for September of 2016 totaled 324 compared to just 262 in 2017. The year-to-date total of 2,745 MLS® sales in Saskatoon, is a 6% reduction compared to 2,935 MLS® sales for 2016. Overall, the entire number of sale transactions recorded by the association in Saskatoon and region at the end of September was 3,701 units compared to 3,957 in 2016. This translates to a 10% decline in dollar volume or roughly $140 Million dollars. The number of available properties for sale declined by around 100 units from August to September with a total of 2,082 available properties on the market. The five year average for active listings on the market is 1,797 units.

“Ideally it would be nice to see the number of active listings around that five year average or lower” comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®, “that level of inventory would bring us closer to balanced market conditions.” By comparison, in 2007 when the market was a strong sellers’ market with escalating home prices, there was an average of just over 400 active listings through the year. Ten years later that average is just under 2000 active listings.

The average length of time for a home to sit on the market is 55 days, just slightly above the five year average for days to sell in September which is 46. The sales to listing ratio is a comparison of the number of sales for the month relative to the number of new listings taken. It is considered to be a balanced market when this ratio falls between 40-60%. A percentage above this range is considered sellers’ market while a percentage below is considered a buyers’ market. The sales to listing ratio for September was 34%, well below the five year average of 42%. “In a buyers’ market with elevated inventory levels it is critical to understand pricing and to properly prepare your home to compete against other homes in your price range.” cautions Yochim. 

The average selling price for a home in Saskatoon for the year decreased by 1.4% to $347,043. The median price also declined slightly by 2.1% to $327,900. In July of this year the Saskatoon Region Association of REALTORS® elected to remove lot sales from the aggregate number of home sales to give a more accurate picture of pricing. This change has helped to support the average price to some degree in comparison to last year. The MLS® Composite Home Price Index (HPI) Benchmark Price increased by 3.6% to $326,700, up 3.6% from a year ago. This increase is also impacted by the removal of lot sales from the total sales volume. The Composite HPI measures the rate of change in a benchmark price for a typical home and is the most accurate indicator of pricing direction in a market.

- Source: October 2017 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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According to a recent study, the average homeowner pays more attention to kitchen stove safety than they do BBQ safety. But, the fact is, a BBQ mishap can be just as devastating. So, it pays to know the latest safety tips.

 

• Keep BBQs at least 8 feet away from your house.

 

• Check for venture tube blockages regularly. (Spiders are notorious for spinning webs in there.)

 

• Clean the grill frequently to prevent flare ups. A grease fire on the grill can continue burning even after you’ve turned the BBQ off.

 

• Don’t position your BBQ close to foliage, such as under a tree or next to shrubs.

 

• Never BBQ in an enclosed area, such as a garage, even if the space is well ventilated.

 

• Avoid leaving the grill unattended, especially when cooking greasy foods such as sausages, beef burgers or steaks. 

• Do not let children BBQ.

 

Finally, make sure your BBQ is turned completely off after use. It’s a good idea to double-check this when making the rounds and locking up your home for the night.

 

Experts say you should treat a BBQ as you would a camp fire — with care

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I have just sold a property at 316 1223 7th AVE N in Saskatoon.
Incredible price for best located unit in the Marose complex - Top floor corner facing North West with views of residential and walking distance to River. This well maintained, upgraded unit features ceramic tile & laminate through-out the wonderful open layout with the kitchen showcasing Cherry wood cabinetry & quaint dining area, bright spacious living room, ample sized Master bedroom with dual closets and 4 piece bathroom with wall to wall counter & tiled shower with bonus in-suite laundry & storge. Includes fridge, stove, built-in dishwasher, over-the-range microwave and washer/dryer combo as well as a private parking stall steps from door & visible from unit. The complex itself offers a private enclosed back patio area with common use BBQ and secure bike storage, Professional landscaping and convenient visitor parking with loads of street parking. Close to the river valley, walking trails, parks, amenities & restaurants and downtown. Don’t miss out on this great deal!
$119,900. North Park, Saskatoon
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You might naturally assume that it is most important to talk to a Realtor when you’re selling or buying a home. But there are many other circumstances in which it makes sense to give me a call. Here are a few examples.

 

1. When you’re at the “thinking about it” stage

 

If you’re just thinking about selling your home, and haven’t made a firm decision yet, you might feel uncomfortable calling a Realtor. Don’t be. In fact, I welcome your call. We can discuss what your current property will likely sell for on today’s market, and determine the type of home you qualify to buy. That way, you’ll have some clarity and be able to make a more informed decision.

 

2. If you’re nervous about the selling process

 

If you haven’t sold a home before, you might be concerned about what’s involved in the process. You might even worry that putting your home on the market is going to be a lot of work and create a lot of turbulence for you and your family.

 

Fortunately, selling your home doesn’t need to be scary. In fact, a big part of my job as a Realtor is to make the process as smooth and trouble-free as possible.

 

So if you have concerns about selling your home, you should give me a call.

 

 

3. If you have questions

 

You likely have questions about the local real estate scene from time to time. You might have questions like: “How much did that home around the corner sell for?”; “Is now a good time to make a move, or should I wait until the market changes?”; and, “How much is my current home worth?”

 

When you have questions like those, you don’t need to dig for answers on your own. You can give me a call. As an expert in the local market, I can give you the answers you need.

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I have listed a new property at 316 1223 7th AVE N in Saskatoon.
Incredible price for best unit in the Marose complex - Top floor corner facing North West with views of residential and walking distance to River. This well maintained, upgraded unit features ceramic tile & laminate through-out the wonderful open layout with the kitchen showcasing Cherry wood cabinetry & quaint dining area, bright spacious living room, ample sized Master bedroom with dual closets and 4 piece bathroom with wall to wall counter & tiled shower with bonus in-suite laundry & storge. Includes fridge, stove, built-in dishwasher, over-the-range microwave and washer/dryer combo as well as a private parking stall steps from door & visible from unit. The complex itself offers a private enclosed back patio area with common use BBQ and secure bike storage, Professional landscaping and convenient visitor parking with loads of street parking. Close to the river valley, walking trails, parks, amenities & restaurants and downtown. Don’t miss out on this great deal!
$119,900MLS. North Park, Saskatoon
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A slight decline in home sales year over year, low interest rates and stable home prices coupled with elevated inventory levels, continues to make Saskatoon an ideal market for home buyers. At the end of August there were 2,183 active listings in Saskatoon, just slightly down from the record set last month. “In the coming months, home buyers will look back with hindsight and realize how opportune the market was with all of these elements in place.” According to Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® “It is only a matter of time before the market shifts as it always does.” The concern is that buyers waiting for the bottom of the market in order to make a purchase, may end up paying more when buying on the upswing. 

The average home is taking approximately 55 days to sell which is the greatest number of days in the past several years. The five year average for days to sell in August is 46. Homes that have been priced relative to this market will see a sale in much less time. The sales to listing ratio compares the number of new listings against the number of sales for the month. In August, the sales to listing ratio was 41% which is consistent with the past three months. This means that for every five home listed there are two sales. The sales to listing ratio year to date was 37.7% which is down 3.5% compared to 2016. Furthermore, based on the current level of home sales, it would take between six and seven months to clear out the active listings, this is above the five year average of just over five months. 

Two thirds the way through the year, Saskatoon and area saw a total of 3,344 transactions, down 5% from last year. The total number of homes listed for sale, year to date, was 9,904 which is virtually unchanged from 2016. The total dollar volume for Saskatoon and region year to date was $1,139 billion, down 9% from the same period last year. Within the Saskatoon market, the number of transactions year to date was 2,484 representing a 5% decline from the same period last year. 

With lots to choose from ,the average and median price continue to show signs of slipping. The average price year to date declined by 1% to $347,414 while the median price declined by 1.5% to $329,950. Considering the challenging economy, high supply of housing and a softened demand, pricing has not been dramatically impacted so far. “Pricing of a home is one of the most important decisions in a successful sale.” comments Yochim.  -Source: September 2017 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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