GREG STEELE : RE/MAX EXCELLENCE : Archived blog posts for : 2015

New property listed in Zone 13, Edmonton

Posted on November 28, 2015 by Greg Steele

Posted in: Zone 13, Edmonton Real Estate

Property Photo: 9008 99 AVE NW in Edmonton

I have listed a new property at 9008 99 AVE NW in Edmonton.

THE BRICKYARD IN RIVERDALE is one of Edmonton's hidden gems and this complex is overlooking the MAJESITIC NORTH SASKATCHEWAN RIVER VALLEY! This third floor one bedroom unit in the RIVER GRANDE is a rare find. Enjoy making a meal in the BRIGHTLY LIT kitchen with ceiling and under cabinets lighting. Cozy up to the gas fireplace in the living room on those long winter nights. Enjoy the convenience of in suite laundry and loads of storage. The Best of River Valley living with cycling, walking, jogging trails, skating rink and parks right next door. 5 minutes to the downtown core. This adult building (+18) offers an exercise room, games area, social room, guest suite, car wash, underground heated parking, storage locker, plenty of visitor parking and a pet friendly building.

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New property listed in Zone 15, Edmonton

Posted on November 21, 2015 by Greg Steele

Posted in: Zone 15, Edmonton Real Estate

Property Photo: 11511 72 AVE in Edmonton

I have listed a new property at 11511 72 AVE in Edmonton.

See details here

LOCATION, LOCATION, LOCATION...in the community of BELGRAVIA this 1373 sq ft semi-bungalow has great potential with is oak hardwood floors through out. A LARGE SPACIOUS living room, dining room and den on the main floor. 3 bedroom upstairs. The HUGE back yard and AMAZING garden area has been well nurtured and ready for the gardener in you. Close to the U of A, hospitals, schools, LRT and the River Valley.

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Year-over-year rates fixed, up above 1%

Posted on November 13, 2015 by GREG STEELE

Edmonton, November 3, 2015: The outlook for Edmonton’s housing market remains stable. The average residential price in October for the Edmonton Census Metropolitan Area (CMA) is up 1.72% year-over-year (YoY) despite reported sales being down 15%. Single family sales are down 14%, with prices up 3% YoY. Condo sales are down 17% YoY and prices are down almost 6% from October of 2014.

“The average recorded selling price of single family homes in October was bolstered by the sale of two properties well over the $3.5 million mark. Even without these sales we are continuing to see strong prices in this category,” explains Geneva Tetreault, Chair of the REALTORS® Association of Edmonton. “We will likely continue to see average days on market grow as the inventory remains higher than last year and single family sales are down almost 15%.”

Average days on market for all residential properties was 57 this month, up almost 8% over last month and up from last year when average days on market was 51. Single family average days on market was up to 56. Condominiums were averaging 61 days on market compared to 57 in September, and duplex/rowhouses took an average of 49 days to sell in October, down from 51 days the previous month.

A single family home in the Edmonton Census Metropolitan Area (CMA) sold for an average of $438,935; up 1.57% from September. The average price for condominiums ($244,225) fell 3.45% over last month. Duplex/rowhouses also dropped to an average of $359,130 – down 1.39% from the previous month but up 1.76% from 2014. All residential properties average price sat at $371,756, up 0.78% from September.

“It is common to see a dip in both sales and prices at this time of year, but condos have definitely been the most affected. The influx of inventory, both new and resale, has given buyers a bigger selection and more time to make their choice.” Tetreault continues, “There are buyers out there looking to take advantage of low interest rates and the great selection of inventory of all types of property. Sellers need to be competitive in a market with healthy inventory.”

All residential active inventory remains robust with 6,641 residential properties available in the Edmonton CMA at the end of October, down from September by 6.57% but still up over last October by 48.47%.

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New property listed in Zone 55, Edmonton

Posted on November 13, 2015 by Greg Steele

Posted in: Zone 55, Edmonton Real Estate

I have listed a new property at 2569 COLE CRES.

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This BEAUITFUL 1,520 S.F. "Trista Model" Stirling Built 2 Storey sits on a HUGE PIE SHAPED LOT in a Quiet Cul-De-Sac. Wonderful OPEN CONCEPT, Spacious kitchen with ample dark chocolate stained cabinets, STAINLESS STEEL APPLIANCES, a CHEFS DOUBLE OVEN GAS STOVE, centre island with breakfast bar and large dining area for your family meals. Find comfort and relaxation in the huge master bedroom with the 4 pc ensuite and deep walk in closet. Two additional bedrooms and a convenient laundry room round out the upper level. The Partially finished basement has a ROUGHED IN THEATRE/REC ROOM (DRYWALLED, TAPPED, WIRED, INSULATED), roughed in bath & storage room too. Enjoy the private fully fenced yard, fire pit and more while relaxing on the deck. There's gas and electrical hook up for the BBQ and future HOT TUB!!!

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New property listed in Zone 53, Edmonton

Posted on November 6, 2015 by Greg Steele

Posted in: Zone 53, Edmonton Real Estate

I have listed a new property at 3139 Winspear CRES SW.

See details here

This STUNNING PARKWOOD 2358 s.f. "Yellowstone Park Royale II" sits on a HUGE PIE SHAPED LOT in a quiet cul-de-sac in south Edmonton's upscale AURORA Sub Division. Executive appointments include Rich chocolate coloured hardwood, custom ceramic tile, deep pile carpeting, wrought iron spindles, 9' ceilings, high end finishing package. The GOURMET KITCHEN is perfect for the family chef, ample cabinetry, walk-in pantry, GRANITE COUNTERTOPS, GLASS TILE BACKSPLASH, CHIMNEY STYLE HOOD VENT, GAS STOVE, STAINLESS STEEL APPLIANCES, UNDER CABINET LIGHTING are just a few teasers in this wonderful home. Imagine entertaining family and friends in this open concept design, yet formal living, dining and office/den for privacy and separation when desired. 3 spacious bedrooms on the upper level, a large bonus/media room perfect for watching the big game or movie nights. The master suite boasts a gorgeous 5 pc ensuite, huge walk-in closet with custom wood shelving. A second floor laundry room with sink and large linen closet

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