GREG STEELE : RE/MAX EXCELLENCE : Archived blog posts for : May 2022

New property listed in Zone 58, Edmonton

Posted on May 26, 2022 by Greg Steele

I have listed a new property at 21310 46 AVE in Edmonton.

No Condo Fees! Stunning 3 Bedroom, 4 Bathroom, 2 Storey Half Duplex in The Hamptons! Open concept main floor. Updated Kitchen is a Chef's dream with Quartz Countertops, Stainless Steel Appliances, Under Cabinet Lighting, Tile Backsplash and Island. Spacious Living Room with corner Gas Fireplace. Dining Room with patio doors that lead out to your fully fenced private yard with newer deck, great for entertaining. Large Primary Bedroom with closet organization system. Renovated Primary Bathroom is a dream to wake up to, with floor to ceiling tile & updated lighting. 2 additional Bedrooms and a Renovated Main Bathroom. Basement has a large Rec Room, laundry and an additional 3 piece Bathroom. This home features extensive ceramic tile work (floors & walls) in the Bathrooms, Updated lighting, Beautiful Wallpaper and a Single attached garage. Close to shopping, restaurants, parks, playgrounds, schools, public transportation and walking trails. Minutes to the Anthony Henday and Whitemud Drive.

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Neighbourhood Profile - Laurier Heights

Posted on May 25, 2022 by GREG STEELE

Laurier Heights is a residential neighbourhood in west Edmonton that overlooks the beautiful scenery of the North Saskatchewan River. The community is bounded by
87 Avenue, Buena Vista Road, 149 Street and Whitemud Drive. It also runs along the river valley to the east and south east.

Most of the development in Laurier Heights began after the Second World War, with a significant portion of homes built between the mid-1940s to the 1970s. The area is well loved among young professionals and families alike. It is near some of the most popular parks and trails in Edmonton including Laurier Park and Buena Vista Park. It is also home to the popular Valley Zoo, several schools and a shopping centre.

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New property listed in Zone 58, Edmonton

Posted on May 19, 2022 by Greg Steele

Posted in Zone 58, Edmonton Real Estate

I have listed a new property at 20415 60 AVE in Edmonton.

See details here

Beautifully upgraded 2 Storey Home in the Hamptons. 3 Bedrooms, 4 Bathrooms over 2000 sq ft, Maple Hardwood Floors & Cabinets, Slate Tile, Granite Counters. Foyer is complete with Slate Tile. Open Den with Large windows overlooking the front covered Patio. LR with gas F/P, Spacious DR, Kitchen w/ maple cabinets, granite countertops, raised eating bar, Stainless Steel Appliances, walk thru pantry that leads to the Mudroom/Laundry Room with access to your attached garage. Maple Hardwood staircase leads to a Bonus Room. Primary Bedroom w/ Walk In Closet & 4 pc Ensuite w/ soaking tub. 2 Additional Bedroom & 4 pc Bath. South facing backyard w/ large deck, grassed area for the kids to play, storage shed. Other features of this home include, structured wiring throughout, High Efficiently Furnace & HWT. Basement is partially finished w/ Rec Room, Bathroom. The possibilities are endless. Walking distance to parks, trails, public transportation, shopping & more. Minutes to the Anthony Henday & Whitemud.

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Should You Install Solar Panels in Your Home?

Posted on May 18, 2022 by GREG STEELE

With the rising costs of bills in Canada and a growing concern for the environment, green renewable energy is becoming increasingly popular. The dream, some say, is to have a fully electric car powered by the sun – no gas, no electricity bills!

Of course, solar panels don’t come without their own costs. It can cost on average between $15,000 to $30,000 to install solar panels in your home – a significant investment upfront. In some cases, there may be government incentives or grants to help offset this cost, or low-interest loan programs.

The best way to determine if solar panels are right for you is by looking at how long it will take to pay off the installation compared to not using solar energy. Solar panels usually last between 25 to 30 years so if the system pays itself off in 10 years, for example, then it’s likely a good option.

Part of this equation is comparing how much energy you use to how much solar energy you can harness with your panels. Take an average over the last 12 months of your bill to get an idea of your kWh usage. Then, consider how much sunlight your area gets and how much energy your solar panels could produce. In the average year, British Columbia gets just over 1,000 hours of sunlight and Alberta gets about 1,200 hours.

In addition to the money savings over time, installing solar panels can also be a way to reduce your carbon footprint. It also raises the value of your home, so you can recoup the cost if you end up selling before you have time to fully realize your savings.

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New property listed in Zone 20, Edmonton

Posted on May 18, 2022 by Greg Steele

Posted in Zone 20, Edmonton Real Estate

New property listed in Zone 20, Edmonton

I have listed a new property at 136 SURREY GDNS in Edmonton.

See details here

Welcome to Surrey Gardens in the heart of West Edmonton. Warm & Inviting, NEW high efficiency Furnace, Hot Water Tank, Flooring, Paint and Baseboards. Open Floor Plan features a 2 sided wood burning fireplace, large east facing windows flood sunlight into the Living Room and Dining Room. Kitchen has ample counter space & a walk in pantry. Spacious Primary Bedroom with walk thru closet. 4 piece bathroom with make up counter, cheater door has access directly to your Primary Bedroom. Good Sized second bedroom. In suite Laundry. Furnace Room has extra room for storage. East facing fenced yard with large covered concrete patio & grassed area, perfect for the kids playing or for your furry friend. Assigned energized parking stall directly in front of the unit. Close to shopping, restaurants, parks, playgrounds, schools, YMCA, Dog Park, Library, walking trails, and public transportation. Easy access to Anthony Henday & Whitemud Drive. Pets are permitted with Board Approval.

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Can You Buy a House with Crypto in Canada?

Posted on May 13, 2022 by GREG STEELE

Crypto mortgages hit the headlines recently when a lender in Miami announced they would allow homebuyers to pledge their Bitcoin as collateral – no other down payment needed. Previously, Bitcoin and other digital currencies had to be converted to U.S. dollars and be sourced from an eligible account to make it more traceable. With the new mortgage plan by the lender in Miami, a company called Milo, no dollars are needed.

That has some Canadians questioning whether something similar might be on the horizon here. There have been some rumors circulating social media that banks may soon be accepting cryptocurrency as a source of a down payment, but nothing official has been confirmed. That said, a digital asset platform called Ledn in Toronto has announced plans to offer a Bitcoin-backed mortgage soon.

So, what does this all mean for the real estate market? For some people, paying in crypto could be a huge benefit. By pledging their bitcoin, they don’t need to sell it and pay tax on the proceeds. And once their mortgage is paid in full, so the proposal goes, their Bitcoin is returned. This could open up the market to a whole other sector of investors, for good or bad.

But this new kind of mortgage comes with a host of possible risks. Bitcoin, and other digital currencies, have a history of volatility – with four major crashes in the last four years. If Bitcoin was used as collateral for a home purchase and it ends up sinking to less than 65% of the mortgage amount, the borrower may be asked to pledge more Bitcoin to the lender or be forced to liquidate. This leaves consumers vulnerable.

For the time being, experts are predicting it will take a long time before crypto mortgages emerge in Canada because of how tied the country is to government-issued currency. So, for now, prospective homebuyers will simply have to sell their investments and use the cash for a traditional mortgage.

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New property listed in Rural Wetaskiwin County, Rural Wetaskiwin County

Posted on May 7, 2022 by Greg Steele

Posted in Rural Wetaskiwin County, Rural Wetaskiwin County Real Estate

New property listed in Rural Wetaskiwin County, Rural Wetaskiwin County

I have listed a new property at 38 Grandview BEACH in Rural Wetaskiwin County.

See details here

RARE FIND!!! PRIME LAKE PROPERTY AT SUMMER VILLAGE OF GRANDVIEW ON PIGEON LAKE! Featuring partial LAKE VIEWS in a SECLUDED and PRIVATE community just steps to the BEACH and DOCKS. Fully serviced lot includes deck, shed and fully developed 2 car garage with power, water and gas. Mature trees. Flat recreational site, set up for your future cabin or current RV. Lake living at its finest. Time to sit back and relax in the sunshine at your own private oasis at an incredible price!

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Spring Home Refresh

Posted on May 5, 2022 by GREG STEELE

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New property listed in Zone 03, Edmonton

Posted on May 5, 2022 by Greg Steele

Posted in Zone 03, Edmonton Real Estate

New property listed in Zone 03, Edmonton

I have listed a new property at 43 171 BRINTNELL BLVD in Edmonton.

See details here

Welcome to Brintnell Landing, this spectacular 2 Storey 3 Bedroom, 1.5 Bathroom Townhouse is dressed to impress. Open concept main floor plan with beautiful hand scrapped hardwood floors. Kitchen features stainless steel appliances, ample counter space, pantry, which is open to the Living Room with corner gas fireplace. Spacious primary bedroom with walk in closet and direct access to the main bathroom. Plus 2 good sized bedrooms, one with a bay window and 4 pc bathroom. This unit also features a single attached garage, laundry, newer carpet, newer paint. The Basement is unspoiled with roughed in plumbing. Amazing South facing backyard, with large deck and grassed area. Pets are permitted with board approval. Well maintained complex. Condo fees include lawn & snow removal. Close to shopping, restaurants, parks, playgrounds, schools, walking trails, and public transportation including the LTR.

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New property listed in Zone 58, Edmonton

Neighbourhood Profile - Laurier Heights

New property listed in Zone 58, Edmonton

Should You Install Solar Panels in Your Home?

New property listed in Zone 20, Edmonton

Can You Buy a House with Crypto in Canada?

New property listed in Rural Wetaskiwin County, Rural Wetaskiwin County

Spring Home Refresh

New property listed in Zone 03, Edmonton

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