7931 - 14 Avenue in Summerside Just Listed $394,695

Welcome to this Immaculate, 2006 built, 2 storey home in the sought after community of Summerside. Walk through the front door and the main floor family room greets you with warm accent painting and a fresh white fireplace mantle with TV Niche complete the space. The kitchen is open to the rest of the main floor and boasts maple cabinets, an island with a raised eating bar and plenty of counter space. Overlook the cheerful dining area from the kitchen all the while having a view of the cozy backyard. The upper level has 2 bedrooms in warm rich modern colours with a full bathroom. The master suite at the front of the house has a walk in closet and a 4 pce ensuite. Take a few steps down on your way to the basement and pass the 2 pce bathroom then continue on to the fully finished basement. The basement has oversized windows, laminate flooring, Laundry room, Loads of storage and another 3 pce bathroom and a recreation room. Summer will never be the same in the community of Lake Summerside!!!

New Rutherford Listing $315,000

Mr and Mrs Amazing taste live here..It is like your walking into a showhome!!! This 2006 built duplex boasts nearly 1200 sq feet. Walk through the door and the rich dark hardwood floors guide you through the main floor of this impeccably decorated home. The kitchen has plenty of cabinets and counter space Have your morning coffee at the eating bar which is open to the dining area and living room that has a corner gas fireplace that is tastefully tiled and a mantle that will accomidate any size TV. Walk up the newly carpeted stairs where you will find 3 bedrooms all beautifully presented and a main 4 pce bathroom. The generous master bedroom has a huge bay window with a view of this nice quiet neighborhood. The backyard has a cozy deck and is fully fenced and private. The basement is partially finished and awaits your completion.

August 2nd, 2013 Edmonton Real Estate board Press Release.

Edmonton experiencing robust housing market

 

Edmonton, August 2, 2013: Sales of residential properties are up in double digit increments in all categories when compared to last year, according to the REALTORS® Association of Edmonton. Total residential sales in July were up 24.9% year-over-year with 1,875 sales (1,736 reported). Sales figures are adjusted to account for unreported transactions at month end. Prices were also up year-over-year in all categories.

The average price for a single family detached (SFD) property in the Edmonton Census Metropolitan Area (CMA) in July was $410,372, down 0.5% from June but up 3.4% from a year ago. Condominium average prices dropped 7.4% m/m but were up 2.6% y/y at $242,516. Duplex/row house prices were up 8.6% y/y (down 2.8% m/m) at $330,906. The all-residential average price in the Edmonton CMA in July was $350,726 (down 2.5% m/m, up 3.3% y/y).

“These are the highest figures for July that we have seen since 2009,” said President Darrell Cook. “Prices and sales have peaked for the year and the month-over-month numbers are lower than June but when compared to last year our market is very robust. Although listings are up over the same time last year, our inventory has slipped by almost 250 units. Going forward, some buyers may have to consider compromises to find their new home in this market.”

The sales-to-listing ratio of 68% was the result of 2,543 residential listings and 1,736 residential sales in July. The total value of real estate sales through the Edmonton Multiple Listing Service® System in July was $814 million; up 18% from July 2012.

Environics Analytics, a Toronto-based data analytics firm, reported last week that the average net worth of an Edmonton household** was $433,970 in 2012, up 1.6% from 2011 as compared to the Canadian average net worth of $400,151.*

“Despite the rain and flooding in Alberta last month, the housing market has thrived,” said Cook. “Edmonton has jobs, housing options, and an economy that is attracting newcomers to the city and ensuring that current residents have an appealing lifestyle.”

The average days-on-market was down one from July 2012 at 49 days, which means that an average sale was completed in about a month and a half.

Congratulations to Mike & Chrystle Gillies

SOLD..SOLD..SOLD

 

Congratulations to my clients Mike & Chrystle on the purchase of your beautiful lake community property. You have been amazing clients and an absolute pleasure to work with!!!

 

Just Listed Stunning Summerside Home!!!

The soaring ceilings and grand entrance welcome you to this magnificant Summerside home. The grand formal living and dining area greet you with dark hardwood floor, soaring windows and is entirely open to the railed hallways of the 2nd floor. The gourmet kitchen is located at the back of the house with a cozy family room so perfect for entertaining. The main floor is rich and beautiful with dark cabinets, rich wood builtins, custom painted ceilings and crown mouldings.The double french doors welcome you to a main floor den. Walk the grand staircase to the upper level greeted to an upper loft that over looks the main floor formal living. This floor contains 4 bedrooms each with its own full bathroom, the 2nd bedroom has its own access to the upper level covered patio. Walk to the fully finished basement where a bonus room welcomes you before you enter the double doors into the suite.The seperate entrance from the side door via the garage leads you to a 2 bedroom, large living, tiled kitchen.AMAZING!!

Crime Mapping for your Area.

A useful Link to map Crime in your area:


http://crimemapping.edmontonpolice.ca/

Local Housing Sales Ease up in May

 

Edmonton, June 4, 2013:

Housing sales activity in the Edmonton Census Metropolitan Area (CMA) slowed in May according to the REALTORS® Association of Edmonton. Housing sales dropped 10% when compared to May 2012. Sales of single family detached homes (SFD) were down 14.4% Y/Y and duplex/rowhouse sales were down 20.3%. In contrast, during the same period, condo sales were up 4.9% compared to May 2012.

“There is a lot of activity in the real estate market at this time of year but some buyers are having difficulty finding their perfect home,” said President Darrell Cook. “While inventory levels are rising they are still below traditional norms and there is a shortage of attractive SFD inventory available at the lower priced end of the market. That has held some buyers back. First time buyers may have had to buy in the condo market where they can still find a home in their price range.”

There were an estimated 1,169 SFD sales in May (based on 1,082 reported sales) through the MLS® System with 512 estimated sales of condos (474 reported) for total residential sales of 1,824 units (on reported sales of 1,689). Sales figures in the month are estimated to account for late reported sales and to ensure accurate comparison to prior period sales figures.

Listing activity picked up in May with 1,969 SFDs listed (up 1.3% Y/Y) and 963 condos (up 0.3% Y/Y) for an overall total of 3,188 residential properties coming into the MLS® System in May. At the end of May there were 6,028 residential properties available; up from 5,294 from last month. There were an additional 1,569 rural properties in the MLS® System inventory.

The demand for housing has buoyed up prices in the Edmonton area. The all-residential average price was up 2.4% from April and up 1.3% from a year ago at $356,807. The average price of SFDs was up 3.9% to $418,110 in May but condo prices dropped 2.4% from a month ago to $237,664. The condo average price is down 3.97% in May compared to last year.

“Increased activity at the higher end of the market drove up the average price of SFDs,” said Cook. “At the same time, the wide variety and number of options in the condominium sector continued to exert downward pressure on the average price of condominiums. There is housing available for everyone at every price point but buyers may have to adjust their expectations to be able to buy right now. Their REALTOR® can help them identify property that meets their needs.”

The average days-on-market for residential property was down to 45 days and the sales-to-listing ratio was 53% in May.