GREG STEELE

"Not All REALTORS® Are Alike"©


Is great access to the Edmonton International Airport important to you? Do you want to live near the edge of the city in an attractive, single-family home neighbourhood (about 10 percent is duplexes)?


If so, take a look at Rutherford in south Edmonton. This community, named after Alberta's first premier, Alexander Cameron Rutherford, used to be farmland. It will soon be surrounded on all sides by quality residential development, with easy access to Anthony Henday Drive (Edmonton’s Ring Road) and Highway 2 (Queen Elizabeth II Highway, running south to Calgary).


Rutherford hasn’t lost its connection to the natural habitat, preserving it with a series of tranquil parks -- including the Virginia Park Woodland -- that dot the neighborhood.


Rutherford is bounded on the west by 127 Street, on the east by James Mowatt Trail (111 Street), on the north by Ellerslie Road and on the south by Blackmud Creek Ravine, with a line connecting the ravine to 127 Street near 25 Avenue SW.

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1. A wave of new buyers.

Spring brings an enormous wave of new buyers into the marketplace, looking for homes. These are both first-timers – many of them Millennials – and people re-sizing (either up or down as their families grow or the nest empties). They come out of hibernation on a Spring mission to upgrade their lifestyles, putting in long hours in the sunshine, looking for their next perfect home. If you’ve had your property on the market for a while, this makes it a whole new game and your best chance to close a sale. If you’ve been thinking of listing, price it right and do it now.


2. Homes show better.

With the extended daylight hours and warmer temperatures, snowbanks melt and the landscape gets greener. Because of this, homes simply “show better” in the Spring. To stage for the season, try adding flowerboxes and plants around your front entrance (see our next article for a grower’s head-start). Without question, planters can make your home more appealing to prospects. Give your property a thorough Spring cleaning. Minimize clutter and let some of the outdoors into your home, if possible. Everything should look bright and fresh, including your chances for a sale.


3. Prices spike and often peak.

This could be because people get money back from Revenue Canada in April/May. It might be because they’re more inclined to spend large sums of money during the invigorating Spring season of renewal. Or, most likely, it’s because of the wave. With more people out looking for a home in the Spring, there’s more competition for homes and a much greater sense of urgency. Heightened demand can lead to bidding wars that drive up prices.


4. Days on Market gets shorter.

As days get longer, time to sell gets shorter! Historically, homes sell faster during the Spring months than most other times of year. With more people out looking (and for more hours every day), they’re often seeing each other at showings. To avoid being out-bid on “perfect homes,” buyers tend to make their offers – and close on their purchases – faster in the Spring. Quick sales and higher sale prices tend to happen together at this time of year.


5. Moving is more fun.

If you have children in school, finding a new home in the Spring means you’ll probably be moving into it after the school year ends. A move during the more leisurely days of summer is simply more relaxing. It can even be fun. Fall and winter moves, by contrast, can coincide with horrendous weather, making it a miserable proposition. And even though we have Spring blizzards in Western Canada, the snow usually melts quickly and moves are more manageable.

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I have listed a new property at 17419 77 AVE in Edmonton.
LOCATION, LOCATION, LOCATION!! This meticulously kept end unit townhome is situated on a quiet crescent across from single family homes & boasts a private fully fenced south facing yard overlooking tree lined walkways. It features numerous upgrades including Laminate flooring and fresh paint. The main floor features a separate kitchen & dining room, a large sunny living room with a travertine faced gas fireplace, large patio doors leading to a private low maintenance deck, Patio & backyard surrounded by trees & walking paths. The 2nd Floor boasts spacious master bedroom w ample closets, 2 extra bedrooms, & a full bathroom. The basement features a separate storage room, laundry room, hidden storage compartments under the stairs & a 2nd wood burning Fireplace in the family room. Close to Schools, Shopping, WEM, Public Transportation, YMCA, Callingwood Rec & Sports fields, Whitemud & Anthony Henday!!! It's all here!!!
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Consumer Electronics Show (CES) is the world's biggest tech show held in Las Vegas last January showcasing the latest and upcoming innovations from artificial intelligence, robotics, gadgets, and much more. We are highlighting a few of the best smart home tech that were featured in the event in our photo gallery. These gadgets are not only cool but are useful and provide benefits for consumers at home.


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I have listed a new property at 427 BYRNE CRES in Edmonton.
Here's a beautifully appointed 2,150 s.f. custom 2 storey home built by Landmark Master Builders. Just a few of the unique features are vaulted ceilings on the main with 3 large SKYLIGHTS that allow warm sunlight from the south exposure, vaulted ceilings on the second floor bonus room as well, RICH MAPLE CABINETRY in kitchen and baths, Stainless Steel Appliances, MAPLE HARDWOOD FLOORING throughout the main, GORGEOUS GRANITE counter tops, CUSTOM CERAMIC TILE BACK SPLASH AND FLOOR TILES, WROUGHT IRON SPINDLES, BUILT IN SPEAKERS, VIDEO SECURITY SYSTEM, Newer HIGH EFFICIENCY Furnace & Hot Water Tank, Central Air, Radiant Heating, flor drain and electical panel in fully finished garage. Spacious and sunny south facing deck overlooking the fully fenced private yard, Gas BBQ Hook up, COBBLE STONE ACCENTS, etc, etc. Great crescent location close to schools, shopping, public transportation, Anthony Henday and Calgary Trail for easy access to EIA.
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Thanks! We’ve been getting good feedback on our new Neighbourhood Profile feature in this monthly newsletter. We didn’t run it this month because we wanted to share 2019 data, look back over the last few years and get you thinking about 2020. The Neighbourhood Profile is back next month, though, so we ask: “Which Edmonton neighbourhood would you like us to profile next?”
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I have listed a new property at 36 SPRINGFIELD CRES in St. Albert.
LOCATION, LOCATION, LOCATION!!! Fantastic quiet crescent location backing onto school field and playground area. Newer siding, low E vinyl windows, soffits, fascia, eaves, insulation, shingles have all been upgraded on this spacious 1,130S.F. bungalow with a fully developed basement. Front veranda plus a large rear deck to relax on. Upgraded Ceramic, laminate and vinyl plank flooring. 3 bedroom converted to 2 making a very large master with ample closets. Kitchen/dining/living room feature an open great room concept. Newer main bath and 3 piece in lower, 4 bedrooms in total. 22'x24' insulated, drywalled garage. Fully fenced and private back yard.
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Home Prices


The results are in. The 2019 home price for Edmonton, based on sales, was $360,262. That was down 3.09 percent from $371,748 in 2018. Looking back, the price rose for three straight years from $367,055 in 2014 to $376,771 in 2017 before a weakened economy drove markets down slightly in 2018 and 2019. It’s difficult right now to predict what’s going to happen next. Some experts believe we’re at the bottom of the market (a great time to buy)! What do you think Edmonton’s home price will be in 2020?


Sold vs New Listings


With 16,557 Edmonton homes sold last year, 2019 was the worst-performing year in the last six. When sales volume is low and supply grows due to new listings, we typically call it a buyer’s market. If you’re selling, you might need to wait for a while before you find a buyer and then you might get a lower offer than what you’re hoping to see. Despite fewer sales in 2019, supply was also lower, tempering this dynamic. The sold-to-listings ratio actually rose by several percentage points.


Time to Sell – Average Days on Market


For five years in a row in Edmonton, the Time to Sell has risen. In 2019, it took an average 64 days (more than two months) to sell a property. In 2014, when sales volume was higher and there were fewer listed properties to choose from, that number was 48 days. If you’re buying in Edmonton, the last few years of lower sales and higher supply have meant there’s been plenty to look at. If job growth and other factors improve, we could see that situation change, with lower supply and faster sales. What do you think is going to happen in 2020?


Market Distribution


Look at the infographic and you’ll see that the vast majority of Edmonton’s home sales activity for 2019 occurred at prices below $800,000. The highest volume (3,596 sold) was in the $300,000 to $399,999 price range. Five properties were purchased for $2-$3 Million. Only two sold for more than $3 Million last year.

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I have listed a new property at 4652 151 ST in Edmonton.
EXECUTIVE END UNIT TOWNHOUSE in DESIREABLE RAMSEY HEIGHTS. This PRIVATE GATED COMPLEX is directly across from a green space and offers beautiful curb appeal with its stucco exterior, clay tile roof, exposed aggregate walk ways, 25' heated driveway & oversized heated double garage. This beautiful home has been substantially renovated boasting gorgeous hardwood floors, new baseboard, granite counter-tops, freshly painted throughout, new LED lighting, new fireplace, newer appliances including an induction cook top, washer, dryer, fully finished basement includes a rec room or 3rd bedroom. This is a one of a kind unit at over 1700 s.f. with soaring vaulted ceilings, loft, beautiful master with luxurious jacuzzi ensuite and walk-in closet. Enjoy the hot summers comfortably with central A/C or relax on your private deck overlooking the green-space. Close to multiple schools, shopping, public transportation, the Whitemud, Terwillegar Rec Centre, the Majestic North Saskatchewan and the Anthony Henday!!!
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Ice Castles (until March 20)

Enjoy this award-winning frozen attraction built using hundreds of thousands of icicles hand-placed by professional ice artists.


Silver Skate Festival (Feb 7 – 17)

Have fun with your entire family in this longest winter festival in Edmonton. Discover breathtaking snow sculpture, winter sports, live music, and much more.


Snowshoe & Stargaze (Feb 15)

Experience the night sky with fellow enthusiasts at Astotin Lake after dark!


Valentine’s Day at Miller Crossing Farmers Market (Feb 14)

Explore the market to find everything you need to make a special dinner or buy special gifts for your special one.


Winefest Edmonton (Feb 14 – 15)

Swirl, sip and savour the all-inclusive sampling of wines from all over the world and an array of delectable hors d'oeuvres!


SkirtsAfire (Feb 27 – Mar 8)

Come visit the only theatre and multidisciplinary arts festival featuring women.

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If you want to live in an Edmonton neighbourhood with the best of all worlds, you should take a look at Strathcona.


Here, it’s an easy drive downtown or to the University of Alberta and a nice walk to the North Saskatchewan River Valley or the Mill Creek Ravine.


The real estate is a mix of older, character homes in great condition (some 100 years old) and modern apartments and condominiums, high- and low-rise.


At the centre of it all is hip, artsy Old Strathcona with its historic town feel and bustling, main artery, Whyte Avenue. Whyte’s famous for its art galleries, pubs and night clubs, trendy boutiques, theatre venues, international restaurants and coffee shops.


It’s a world class festival hub in the summer, with all kinds of live music and entertainment. As of 2019, Strathcona’s roads and sidewalks are getting re-surfaced and decorative, new streetlamps are being installed. The improvements are scheduled for completion in 2021.

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I have listed a new property at 417 52328 Range Road 233 in Rural Strathcona County.
Exceptional quality in this CUSTOM BUILT Montorio 2 storey in Spectacular Balmoral Estates. There's over 5,600s.f of meticulously crafted living space including the SEPARATE FULLY DEVELOPED 2 BEDROOM SUITE with private entrance. A CHEFS DREAM KITCHEN boasting a 5 burner gas stove w/2built-in ovens, massive walk-in pantry, huge island, extended Maple (espresso) cabinetry, Granite counters, coffered ceiling, formal dining/flex room w/stepped ceiling, great room with custom feature wall & stone faced fireplace. Upper level boasts a lavish master suite with a raised sitting area, 3 sided f/place, a 5pc jacuzzi ensuite, 2 additional bdrms, computer room & laundry. Fully Finished Lower level features a fitness/bdrm, theatre room, wet bar, games area, cold room & 4pc bath. Hot water heating system w/4 fan coils & heat recovery unit, under slab heating down. Central air conditioning, sprinkler system, covered veranda, 2 patios, deck and fire-pit backing onto a green space!! Energy Efficient Green Built Home!!!!
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I have listed a new property at 415 1004 ROSENTHAL BLVD in Edmonton.
This Beautiful 2 BEDROOM, 2 BATHROOM, TOP FLOOR condo has a spectacular west view from the bedrooms and private balcony. A well laid out floor plan has the bedrooms & baths on opposite sides and a wonderful entertaining space in between. Rich Chocolate Maple kitchen features GRANITE COUNTERTOPS, an OVERSIZED ISLAND w/EATING BAR, Stainless Steel Appliances & ample counter/cupboard space. Upgraded Engineered WIDE-PLANK flooring in the kitchen & living areas. The spacious master bdrm features a double sided WALK-THRU closet w/organizers & mirrored doors to the 3PC ENSUITE. The spacious SECOND BDRM is adjacent to a 4PC BATH. IN-SUITE LAUNDRY, an OVERSIZED BALCONY w/natural gas BBQ outlet, Titled UNDERGROUND PARKING STALL W/STORAGE CAGE. Jade Condos offer a SOCIAL ROOM w/POOL TABLE & WET BAR, FITNESS ROOM & GUEST SUITE at $50/day for family/friends. Next door to parks, walking & bike trails around multiple lakes, close proximity to Anthony Henday, Whitemud, Costco, River Cree, shopping & many restaurants.
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We’ve been hearing a lot about “the next decade of interior design.” That’s too far ahead for us.


Everything changes too fast. Here’s what we expect to see in 2020 that we like:


  1. The home gets back to being a comfortable retreat where you can just chill inside calm, relaxing spaces with less clutter and more ambiance.
  2. Expansive whites and earthy greens and browns re-connect us with a soothing, natural aesthetic. 
  3. Lighting becomes better and brighter, spotlighting and showcasing feature walls with materials like wood, rock and cork. 
  4. Enviro-conscious living takes over with tech-smart, energy-saving abodes where recycling rules. 
  5. Open floorplans are improved with chic, industrial partitions that create functional flow. 
  6. The kitchen remains the hub for both families and entertainers. 
  7. The cactus makes a comeback. 
  8. Velvet is dusted off, too, re-introducing plush, luxurious affordability. 
  9. Ceilings break free, embracing new, integrated design concepts.
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It’s an interesting topic. Everyone has their idea of what “dream home” means. They’re at every price point.

If you’re looking for yours in 2020, read on for tips. If you’re listing, make it someone else’s dream home by staging it that way!


Buying?

Dream homes are not one size or style fits all.

Can you picture your dream home? Try. It’s much easier to find when you know what it looks like!

If you need help getting started, think about the lifestyle you’re after and then imagine your new home at the epicentre of it.


You might want a family home that better suits your active lifestyle, for example. Maybe you’re renting and your dream is to own. Or it could be you’re ready to lock-and-leave as you travel to exotic destinations.


Once you’ve given some thought to your lifestyle and the home that’ll best suit it, think about your budget. The good news is there are dream homes at every price point. It’s all about the fit.


Consider the most appropriate square footage, floorplan and number of rooms. Give some thought to the type of neighbourhood you want to live in.


Selling?

If you’re listing because you want to move – position your property as someone else’s dream home!


Who is the buyer that’ll see it that way? If you understand your home’s key strengths -- based on what people want -- you can enhance them for the sale. This doesn’t mean extensive renovations. You might not get your money back. It means great staging, though.


Stage it yourself or let us help you attract the right buyer. Consider updating colour schemes, furniture and layouts. Give our Interior Design Trends article in this newsletter a quick read.


Whatever you do around presentation, make sure it’s priced right when it hits the market and you’ll have a better chance at selling it quickly.


Make it happen this year!


Talk to me in January about finding your dream home in 2020… or selling your property to fulfill someone else’s dream. I’ll buy the coffee.

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I have listed a new property at 13416 127 ST NW in Edmonton.
INCREDIBLE INVEST OR REDEVELOPMENT OPPORTUNITY with this SPACIOUS AND UNIQUE 7 bedrooms, 2 full bathroom property situated on a MASSIVE 10,200S.F (69'X148') RF4 ZONED LOT. Front drive access for this massive 46'x23' garage and possible rear alley access allow for ample applications for redevelopment. The property has had numerous upgrades (shingles, furnace, hot water tank, deck) and has original OAK HARDWOOD floors, ceramic tile, upgraded laminate, newer main floor bath, etc. etc. Close to shopping, parks, multiple schools, restaurants, public transportation and more.
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I have listed a new property at 520 EBBERS WAY NW in Edmonton.
Welcome home to the wonderful community of EBBERS. Conveniently located close to parks, lakes, play grounds, shopping, restaurants, theaters, transit, and the Anthony Henday. This beautiful 2 storey home is loaded with extras. The open concept main floor boasts a front office/den, a spacious living/dining area, and gourmet kitchen featuring custom Maple Cabinets and a large centre island. Enjoy GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES and GORGEOUS HARDWOOD FLOORS, handy 2pc powder room. The FULLY FINISHED BASEMENT has an additional spacious Familyroom, full 4pc bath, a large oversized bedroom and storage room. Upstairs your master retreat includes a walk-in closet and 4pc ensuite. Two equally sized additional bedrooms share the main 4pc bath and CONVENIENT SECOND FLOOR LAUNDRY. All this and a LARGE CONCRETE PATIO in the west facing back yard & DOUBLE DETACHED GARAGE thrown in to the deal! PRICED FAR BELOW REPLACEMENT and TAX ASSESSMENT!!! DON'T DELAY!!
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