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EDMONTON HOUSE HUNTING

 EDMONTON'S ADVANCED MARKETING REALTORS®

 

Edmonton Real Estate Blog, Market Information & Well-Balanced Advise

Preparing Your Edmonton Home for Winter Showings

There is no doubt about it! Even if the weather is relatively pleasant, your Edmonton home won’t show as well in the winter as it would in the summer, especially from the outside. Fortunately, there are many ways to make your home look more attractive and appealing to buyers during the winter season.


First, before showing your Edmonton home to a potential buyer,Clearing snow for all walkways on your Edmonton home to prepare for winter showings clear your front walkway including walkway to the garage if applicable. Make sure fence doors and gates open freely. Also, clear snow off the backyard deck or patio area. You want those picky buyers to be able to explore around your property without any obstructions. In short, do everything you can to make the experience of walking up to your front door and around your property as pleasant as possible.


Second, clear away any boots, shoes and other outerwear from the front foyer as you walk in. You want buyers to focus on your beautiful home, not a cluttered entranceway. Also, have mats on both the outside and inside of your main entranceway. This will give buyers – as well as you and your family – a chance to wipe their boots and shoes.


Adjust your thermostat to be comfortable for your Edmonton winter showings imageThird, adjust your thermostat. You want your home to feel warm, cozy and comfortable for potential buyers.If you have a gas fireplace, turn it on for that cozy feeling. Remember, being warm is a pleasant experience and that's what we are looking for.


Finally, in the winter, homes show much better during the day. In the evening, it may be too dark to fully  appreciate your property especially yard. Working with us as your REALTORS® to schedule viewings during the day whenever possible. If you can, have pictures of your property available that showcase what it looks like in the spring/summer. A flower garden in bloom or that fully grown in hedge really gives the buyers a better idea of how your home looks in non-winter months. That takes planning. So if you're even just casually thinking of the possibility of selling your home, take some good "spring/summer" pictures. Just don't have a date time stamped on the picture.


Hope you got something from this short blog post. Want more advice on how to sell your home in the winter? You can get a hold of us thru our contact page. Thanks!

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There are Advantages to Buying a Home in Edmonton's Winter

Here’s some advantages to buying a home during the off season in Edmonton, which means that you’ll be buying from November to February.


1.  Less competition …. There is less Edmonton winter home for sale giving buyers a great advantage picturecompetition from other buyers.   Many buyers don’t want to brave the cold and icy roads by driving the neighbourhoods and looking for properties during this time of the year.  This can translate into lower prices and better deals for the buyer.


2.  Prices decline …. Prices are typically less this time of the year, proven by the statistics from the REALTORS® Association of Edmonton (RAE) and from Realtor.ca.


3.  More time from your REALTOR®…..  Your real estate agent isn’t as busy this time of the year, you may get more of their time and expertise (so true compared to the busy spring rush).


4.  Not as many properties are receiving multiple offers …. We can remember during the summer season of 2012, many houses in Edmonton that were priced correctly had multiple offers on them, which translated into higher prices for the seller. All great news for sellers, not such great news for buyers. There is an emotional trigger than happens in multiple offers, and buyers can sometime offer more for the house than they had originally planned on.


5.  Ugly Ducklings….. Some houses that are still on the market in December and January may have been on the market for a long, long time. This could be for a variety of reason, including the home has been overpriced.  Or it could just be that the property doesn’t show well, it’s an ugly duckling.  Maybe it’s too crowded with personal belongings, maybe the interior paint colour is horrible, maybe the lighting is bad, or maybe the home is dirty.  All of these are easy things to fix once you own the property, and if you can look through these items, you may be able to get an ever better deal.


Now is a great time to buy. A few years ago, when Mike viewed the existing house he lives in a  between Christmas & New Years & had it pending by first week of January. He knows he saved money as they "had to sell" & there wasn't many qualified buyers looking in the cold winter. Good for Mike, the buyer &  bad for the sellers. There are many other great deals out there right now! If you are thinking about buying in the spring, why wait? Shop now & save. Contact Audrey and Mike thru our website or call Audrey direct 780-910-5179 or Mike 780-242-5229 & I'll show you some great Edmonton Real Estate deals.

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How Much Does "Potential" Cost?

Edmonton House Repairs Image


When shopping for a new home in the Edmonton area, it's a good idea to try and see the potential of the property you're viewing. It may not be exactly what you're looking for "as is", but it may have the potential to become your dream home after some redecorating or renovating. The challenge is, judging how much work is required. You don't want to buy a home with the expectation that it requires a $20,000 renovation, only to discover that it really needed three times that much. OUCH!


That’s where myself, can help. I will help you get a realistic estimate of the cost of repairs, upgrades, renovations and even recommend some reputable interior designers and/or contractors. That way, when you see a home with "potential", you'll be able to make a more informed decision.


Want more tips on finding and buying your next dream home? Please call Mike Muranetz direct at 780-242-5229 or Audrey Abuan  or message us thru our contact page.

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We are Posted From Edmonton...What's Next?

Come on Edmonton, Canada. Your are posted so call Mike Muranetz for IRP & Brookfield info for selling your home image


So after a good talk with your career manager, you been told that you are posted out of CFB Edmonton. What's next? You need to find a good REALTOR® on Brookfield's IRP list to help sell your home. Audrey Abuan and Mike Muranetz will get you moving. We have already been getting calls to do what we call "Pre-Listing" appointments. These are basically consultations to help you get a jump start for preparation of selling your Edmonton & area home. We will show you how to get your home ready (paint, minor repairs), provide a RE/MAX exclusive "Fit to Sell" DVD for staging, give a market snapshot of homes for sale & sold in your neighborhood, discuss options for your move & address any other concerns. No pressure & no paper work.

If you like, we also have a list of preferred REALTORS® which we have personally worked with in the past. These hand picked people to have the same work ethic and experience to help you on your eventual House Hunting Trip (HHT) with your new home. We are only half the journey and can hand you off to someone who will look after you and your family needs to the same calibre.


If you been verbally told you are posted or if some stroke of luck, actually have a posting message in hand, don't hesitate to give us a call 780-242-5229 (Mike Muranetz, CD), or 780-910-5179 (Audrey Abuan)

or email us Sold@EdmontonHouseHunting.com  You won't be disappointed by our guidance, experience & ultimate results!

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Did Your "Edmonton Street Name" Change?

Do You Live on a Historical Street?


Right after 1910, Edmonton's real estate growth started to boom and in West Ingle, many of the streets had be renamed in order to accommadate the growth on both sides of the saskatchewan river.

 

The following is a list of the historic names of streets and avenues in West-Ingle. With support and funding by residents streets names could be re-introduced in West-Ingle at mid block or engraved in the sidewalk at intersections. Adding street names in West-Ingle particularly in the Architectural Heritage Area bounded by 110 Avenue (Albany Avenue) on the north, 125 Street (St. Catherine Street) on the east, 107 Avenue (Short Avenue) on the south and 126 Street (Groat Street) on the west will contribute to preserving the older character of West-Ingle.

 



122 Street = Notre Dame Street
123 Street = Saint James Street
124 Street = Edward Street
125 Street = Saint Catherine Street
126 Street = Groat Street
127 Street = Park Street
128 Street = First Street
129 Street = Second Street
130 Street = Third Street
131 Street = Fourth Street
132 Street = Fifth Street
107 Avenue = Short Avenue
108 Avenue = Coot Avenue
109 Avenue = Green Avenue
109A Avenue = Saint Lawrence Avenue
110 Avenue = Albany Avenue
111 Avenue = Muskoka Avenue
112 Avenue = Nipigon Avenue
113 Avenue = Brazeau Avenue
114 Avenue = Stikeen Avenue
115 Avenue = Okanogan Avenue
116 Avenue = Yukon Avenue
117 Avenue = Pembina Avenue
118 Avenue = Alberta Avenue

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Real Estate Cost of Owning Pets

No matter how much we love our pets, they cost us money and real estate is no exception. Even if you have the best behaved animal, they still make an impact when it comes to selling your home. There are 2 main triggers which can reduce the value of your home.

 

Selling your home with PetsFirst is pet odors. If you have ever owned a cat, you know how often they use that kitty box. But did you know the scent from plastic kitty boxes can linger for years. Using a litter which forms clumps when moistened with urine is great for odor control. As soon as you remove the clump, the odor is usually gone. Adding a layer of odor absorbing additive, such as baking soda will also help. For all you dog lovers, remember when buyers are viewing your home, they also look outside. Clean up the doggie bombs, replace those yellow grass stains, wash all pet bedding and put away the pet toys.

Second concern is all that pet hair. Many buyers have allergies to animals and even though your home smells good, the lingering pieces of hair can cause stuffiness and not attract that "Home Sweet Home" ambiance. It’s estimated that 20% to 30% of young adults will react to an airborne allergen, such as pet dander. It is impossible to completely eliminate all evidence of pets, but by having your carpets and furniture professionally cleaned, it will make an impact. Animal allergies are a common concern, and buyers who have them can be easily turned off if a house has pets.   

Don't forget the basics. .
- Please, please remove pets during showings
- Keep your animals smelling fresh
- Remove all pet owning evidence including pet beds, pet dishes, crates, treats, leashes, etc
- Replace any torn carpets or furniture previously used as scratching posts, chewed baseboards, etc

- Air out your home an hour before showing

 

Our pets are part of our families and we love them, but when it comes to selling your Edmonton home, they will cost us both time and money. Clean, Vacuun, steam clean and vacuun again. Don't try to cover up pet smells with air fresheners or fabreeze - Buyers will notice.

 

More money saving tips on making your Edmonton Home more saleable

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Maximum the Value of your Edmonton Home.

The easiest and cheapest way to improve your home's value whether you're getting ready to sell your home or want to give your home a fresh new look for your own enjoyment. We have several inexpensive tips which will make your home more attractive. If you have major renovations, there are several places in Edmonton to purchase materials, such as Habitat for Humanity Edmonton - ReStore North, for a fraction of the price the big retailers charge.

 



Spruce up your front yard - Creating curb appeal will make your home more appealing to buyers.


Pay attention to bathrooms - Make your bathrooms as inviting as possible. If a buyer happens to use your toilet, they are looking at every detail in your powder room and are contiplating whether or not your home has made thier house buying short list.


Give your walls a fresh coat of paint - Adding a fresh coat of paint, especially on an older home can make the inside of your home feel completely different. Choose your colors carefully.


Pets are not that precious - If you own a pet, this is a must to read.


Match your appliances! PLEASE! When a buyer is looking at your kitchen and there is one mis-matched appliance, they will be thinking all of the appliances will need to be replaced, thus bringing in lower offers.

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ADD SOME MAGIC PAINT TO YOUR HOME!

We saw a shift with paint colors in 2017 towards more pigment choices. When ever you paint a wall in your home, it can change the whole feeling of the room. Paint connoisseurs are saying "move over greys and blues. Sage is taking over." Personally, I am not a fan of green walls, but am a fan of feng shui. Below is a list of colors to paint your home via feng shui to create a more inviting place to live.

 


Yellow is the color of sunlight, cheerful and uplifting yellow will always brighten any home or office. Yellow color also creates cozy, welcoming feng shui energy in your kitchen, living room or children's rooms. From hot sunflower yellow to pale buttery yellow color tones, the use of yellow colour is identical to the feng shui use of orange colour, as both are a gentle expression of the fire feng shui element.

Red is the color that carries the energy of the Fire feng shui element. Fire has always been a symbol of divine energy and can be both destructive and creative. Fire represents the energy of sun and life. A balanced feng shui fire element in your home will bring joy, excitement, and strong sexual desire. An imbalance of the same element will bring either fiery arguments, restlessness and even aggression (too much Fire) or a lack of energy and enthusiasm for life (too little Fire).

Green is the color of renewal, fresh energy, and new beginnings. Green is very nourishing to your health, as it calms your nerves and balances your whole body by bringing healing feng shui vibrations from Mother Nature. If you find a beautiful green color paint and decide on a green room in your Health & Family area,  do not stop at just the wall color, but be sure to bring at least two more decor details in a green that is somewhat different from your wall color. These details can be pillows, vibrant art, a sofa throw in a fresh spring green, a side table, etc.

Light blue is considered the feng shui color of harmonious expansion and gentle growth, while darker blue evokes the feng shui energy of deep calm, wisdom, and serenity. Great for Bathrooms and childrens bedrooms.

Deep blue colors should be used sparingly in the feng shui areas of South, Northwest and West areas of your home or office, and freely in the North, East, and Southeast. One of the most calming feng shui combinations is the combination of the blue and white color. It brings the happy energy of clear skies and crisp fresh energy of new beginnings.

Purple should be used with moderation. It is a very strong, high vibration color, the color of connection to the spiritual realms. In terms of energy centers of the human body, the purple color is connected to the higher energy center. Great for bedrooms.

If once you have painted your walls and things don't quite seem right, Add a few home accessories with a darker shade than the walls.

Looking for a REALTOR®  with an eye for staging, contact us!

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We Sold a House at 67 Birch Dr Gibbons T0A1N0

67 Birch Drive Gibbons Sold House by Audrey Abuan and Mike Muranetz RE/MAX Real Estate image


Modern Upgrades! At 1225 sq ft, this beautiful 3+1 bed, 1.5 bath, 2 storey home has so much to offer. Impressive kitchen features newer cabinets, decorative back splash, pantry, includes all appliances w/microwave hoodfan & big dining area. Large sized living room offers plenty of natural light. Convenient 2 piece washroom finishes this level. Master bedroom offers ceiling fan & closet with built-in shelving. Other 2 bedrooms are also a good size. Fully finished downstairs w/4th bedroom & family room. Includes washer & dryer, newer HWT & high efficiency furnace. Other upgrades are newer windows, decor switches/plugs & baseboards. Out back is private deck, fenced yard & firepit. Oversized heated single car garage plus RV parking. Short walk to neighbourhood playground & splash park. With a super quick possession, short drive to Edmonton & Fort Saskatchewan but has small town charm, this Gibbons family home should be ranked number 1 on your must see list!

 

If you have a Gibbons home to sell, please go to our Seller Profile and we'll shortly get back to you.

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CURB APPEAL IS CRUCIAL!

Curb appeal is attractiveness of the exterior of an Edmonton residence as viewed from the street and is in the eyes of a buyer, an indicator of the initial appeal of a property. This is so easy to know what to do. Simply view your home and your neighbours homes from across the street and notice what needs attention.

 



Curb appeal can easily be accomplished by any number of methods including the installation of exterior decorations, repainting, extensive attention to the landscaping. Costs to increasing a home's curb appeal will vary. Below are some creative and inexpensive tips to attract more buyers into your home.

If you have a veranda, make it sparkle with a fresh coat of paint and add a couple of chairs with a small matching table. No Veranda? Add one or two plants near the entrance to add a splash of color.

Paint your front door a tasteful color you like and make it work. It’s all a matter of coordinating the door color with your home’s architecture and the other colors and materials on the house.

Change the hardware. Gorgeous hardware can make even the plainest door look very classy. Even your mailbox can make a statement! If your mailbox is rusty and falling apart, spruce it up or get a new one. Don't forget to wash those windows!

 

Remember, when determining the value of your Edmonton home, first impressions are crucial.

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Owning A Piece of History in Bonnie Doon

Bonnie Doon has always been one of Edmonton's most sought after southeast locations.

The Molstad House

The Molstad House is located in the heart of Bonnie Doon, southeast Edmonton and was built in constructed in 1912 ans was the first residential building to receive historical designation.

It’s original owners, Edward and Addie Molstad, were known for being very active within the community and at Christmas time, Mrs. Molstad would host an annual children’s Christmas party. Mr. Molstad made two lots on the property available for a skating rink in the winter and tennis courts in the summer.
 
In 1931 the Molstad House was converted into an apartment building, but the Molstad’s continued to live in part of the house. Edward H. Molstad passed away in 1953 and Addie in 1982, but their home found new life under the guiding hands of Walter and Jean Kipp, who undertook considerable renovations, restoring this wonderful home to its original glory. On the second floor there were five bedrooms and two bathrooms. Living quarters for the cook, maid and other help for the Molstad’s farm was in the upper portion of the house.

This historical landmark changed hands again in 2015 and today is considered ultra-modern, keeping the original charactoristics of this incredible home with boasted oak panelling, hardwood floors, sculptured ceilings, brass chandeliers and an unusual fireplace in the dining room.

 

If you are interested specifically in the Bonnie Doon community, please reach out to us. Thanks!

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BATHROOMS ARE THE #1 SELLING FEATURE!

When buyers are home shopping, they check out your bathrooms. Below are a few helpful ideas to freshen up the spa area of your home and help save you some money.

 


Grimy bathroom walls are a major red flag to buyers. Here is an easy way to get rid of surface mold: Mix a spray bottle with one part water and one part bleach. Just spray it on the wall, and watch the mold disappear. Give it a fresh coat of paint, and your grimy bathroom will go from red flag to red-hot.

Don't replace a yucky shower door: Just scour it. A grimy glass shower door can really wash out your sale. Instead of replacing it, clean it with a mixture of one part muriatic acid and about 10 parts water. Scrub with steel wool. After wiping it down, reinstall the door and you'll have a shower that'll help you clean up at the open house.

Avoid dated tile by painting. Bathrooms sell houses, but dated tile in a bathroom doesn't. A low cost alternative to replacing the tile is to use paint. First coat the tiles with a high-adhesion primer. Next, brush on a special ceramic epoxy covering. For a fraction of the cost of new tile, you will have an up to date bathroom that brings in big bucks.

 

Add a few new towels, creative soap bars and scented candles. All of these items can be purchased at any dollar store.

 

Money tight? Need to Sell? For more tips on inexpensive renovations, reach out to us. Thanks!

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Selling a House During the Holidays

 

Christmas can be a hectic time of your and trying to keep your home tidy for showings may seem to be a daunting task. Below are some tips to help you make selling your home during the Christmas season a little easier.

Make it festive! Having a few wrapped presents out on kitchen counters, dressers and cabinets will hide any imperfections and easily add a spark of color to each room. Be creative with your wrapping paper.

Cover up pet odors! Bake a cake or cookies and have fun decorating. Add a "Help yourself" note beside your creations. It will help those buyers feel more at home.

Add some music. If you live on or near a main road, adding a bit of cheery Christmas music will drown out traffic noise.

Add some sparkle. Christmas candy in a crystal candy dish, white candles with silver glitter. People love sparkle!

This is one of the best times to be selling a house, especially to a family. Make it inviting. Let those buyers picture themselves in your home.

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NEW YEARS IS TOO LATE!

With the change in upcoming qualifing mortgage rules, there is some good news.

Pre-Approvals committed before January 1st will remain valid up to 120 days following the initial credit decision. Approved applications closing beyond January 1st will remain valid; no re-adjudication is required as a result of the qualifying rate update.

Expect the average Canadian's home purchasing power for a given income to be reduced 15-20%. Here's an example of the impact a new qualifying rate will have on the maximum mortgage proceeds and home purchase price.  Amounts are based upon a combined Canadian family income of $75,000, 5-year fixed term mortgage at a target rate of 3.39%, 25-year amortization, $100,000 available for down payment, and $700 in other monthly debt obligations:

With a qualifing rate of two percent higher after January 1st, with a 20% downpayment changes dramatically. For example - qualifing purchase price prior to January 1, 2018 would be $400,000 and on January 1, 2018 would be $325,000.

 

If you would like a contact information for one of our in-house mortgage brokers for your pre-approval, contact us.

 

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Why Buy in Edmonton?

Why buy a house in Edmonton picture


Have you ever asked yourself that question? I know I have. I’ve questioned the idea in my head once or twice. What makes it so great from a business stand point, what is the job market like and is it really worth buying in Alberta? The short answer is: yes… wait, the answer is HECK YES! There is something great about Edmonton besides the Roger’s Place at the Ice District in downtown.

 

According to The Culture Trip, houses on average are roughly $350K. Which, for the most part, is true. Prices have not doubled in the last 10 years and have been surprisingly steady and unchanging in this period of time. Edmonton is one of the cheapest Canadian cities to live. With over 1.3 million people in surrounding areas and roughly 900K living in the city, the capital of Alberta has so much more to offer than our rival city, Calgary (there's that "Battle of Alberta" happening). 

 

Our Real Estate market has been receiving some hate due to the increased growth of the city within the last six months but it benefits those eager to buy. This means you'll receive a steal-of-a-deal that you won't get anywhere else. The best places to buy are downtown and the south side right now!

 

So the question is, why Edmonton? Why buy here? If you want more bang for your buck, Edmonton is relatively cheap. Cheaper housing than Calgary, one of the best job markets, minimum wage is one of the highest across Canada, awesome people and lower gas prices because we’re an oil province!  Go here to get started 

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Is 5% really what you need to purchase a home in Edmonton....

You've been looking on line and found that perfect home, calculated and saved your 5% downpayment and want to make an offer to purchase. But are you really ready to buy your Edmonton dream home?


Your down payment is the amount of money that a home buyer contributes in cash towards the purchase of a home. Down payment is usually described as a percentage of the total sale price.5% down for your Edmonton Mortgage image

Before you make an offer on any home, ensure you have calculated all buying costs. Talk with your mortgage broker or your buyers agent and inquire on CHMC, legal, property tax adjustments and closing costs. If you don't have a mortgage broker or bank mortgage specialist, ask us with your choice of bank or financial institution as we know some great people in that sector of the industry.  
Mortgage lenders offer more attractive loan terms for borrowers with large down payments. Putting down 20% or more of a home’s purchase price will avoid mortgage insurance, also known as CHMC and offer the most attractive interest rates. As the down payment percentage goes down, the lender is at greater risk if they have to foreclose on the property, so they offer less attractive loan terms and higher interest rates.

 

Make sure your REALTOR® is an ABR and check out some of our buyers services we offer.

Have Questions? We are here to help!

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Guide to Hiring an Amazing Edmonton REALTOR® Team

The Consumer’s Guide to Hiring an Amazing Edmonton Real Estate Agent image


When you’re buying or selling an Edmonton home, it’s crucial to work with a qualified REALTOR or real estate agent. Not just a professional, but an amazing agent and a market expert. So how do you ensure you’re hiring an amazing real estate agent (or team)?

 

There are currently more than two million real estate professionals in North America. With so many options to choose from, how does a prospective home buyer or seller choose the right agent or broker from the REALTORS Association of Edmonton? According to the National Association of REALTORS®, trust and reputation are the top deciding factors consumers use when hiring an agent.

 

But how do you measure trust and reputation ... and what criteria can be used to help you make your decision?

 

In this guide, we've outlined the top attributes that amazing agents possess to make sure you’re working with the right Edmonton market expert(s) to achieve your Real Estate goals.

  

5 ATTRIBUTES OF AN AMAZING Edmonton AGENTS

As we mentioned above, not all real estate professionals are the same. And it’s easy to be overwhelmed by the options and information about working with real estate professionals to buy or sell your home. In fact, many Alberta Real Estate markets are oversaturated with agents.

 

To help you understand what makes top agents and market experts stand apart from the competition, following are five key attributes of an amazing agent:

 

1.  A Pricing Specialist


Whether buying or selling a home, pricing can be tricky. Market experts can help navigate best-possible pricing strategies, and also secure the home you want within your budget.


2.  An Effective Time Manager


Even a well-intentioned agent may not have the skills, tools or technology to make the experience easy for you. There are lots of hidden activities that may take up unexpected time, and a market expert will save you time and energy.


3.  A Market Insider


Getting relevant and specific market knowledge can be difficult and time 

consuming, which is why many real estate agents don’t have it. Whether you’re buying or selling a home, an experienced real estate agent is often the best source of information about a city, neighborhood, or even street … we’re literally conducting market research every day.

 

4.  A Strong Negotiator


Many agents can feel the stress of the negotiation process, and may agree to terms of the buyer/seller. Working with a market expert will help ensure you get the best deal, not just the fastest deal.


5.  An Effective Closer


Many agents don’t have a firm understanding of contracts. Because a real estate transaction often involves a significant investment, even a small mistake can mean serious trouble. With that in mind, it’s often best, and most responsible, to work with a true market expert.

 

LET'S GET STARTED!

Now that you’re armed with the 5 Attributes of Amazing Agents to ensure you work with the best possible real estate agent, you’re ready to start interviewing agents. Here is an awesome downloadable version

 

 

Audrey & Mike would love an opportunity to win your business. Schedule a free consultation with us to find out how true market experts can help you achieve your real estate goals! Just drop us a line on our contact page. Thank you.







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Griesbach Edmonton

Griesbach demonstrates urban design success at many levels, creating a new community unlike anything else in suburban Edmonton. It raises the bar for quality of the public realm in Edmonton.

 

Redevelopment of the 620-acre former Canadian Forces army base, designed for 13,000 people, is about 25% built and will be completed over the next 10 years. Given its context, it is primarily residential, but includes a village centre and transit-oriented mixed-use centre. The builders are upper scale including Homes by Avi, Dream Homes by Krisner, Landmark Classic & Legacy Homes and Coventry Homes.

 

Tree-lined roadways focus on a central man-made hill. Paths integrated into the overall green system and adjacent neighborhoods accompany a waterway system. This design, combined with traffic calming, heritage interpretation, and the dispersal of parks makes it very people-friendly.The neighborhood names program is based on regimental history, peacekeepers, famous battles, war heroes, military nurses, and Victoria Cross winners.


Griesbach’s guidelines promote diversity, with an eclectic mix of housing forms and styles from garage suites to apartments; homes for families, seniors, and a veterans’ centre. Subdivisions have been designed around existing housing; some were relocated on new foundations. Right in the community is the Major General Griesbach Elementary School from Kindergarten to Grade 9.

Saving and relocating existing vegetation creates the feel of an established community; plans are to integrate evergreen rows into ‘green streets.

 

Various design elements pay homage to the Griesbach neighborhood military heritage. William Griesbach, Edmonton’s second mayor, First World War hero, MP and Senator, is honored with an equestrian statue. A pedestrian crossing of Patricia Lake replicates a Bailey Bridge, a prefabricated bridge used by combat engineers.

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Is Your Home Worth What You Think?

 When determining the value of your home, there are two main ways. Comparative Market AnalysisA (CMA) or an appraisal.


A written justification of the price for a property, primarily based on an analysis of comparable sales of similar homes nearby normally completed by an independant third party through a bank or financial institution. When an appraisal is lower than the agreed upon price of a property and it is a CHMC mortgage, the bank or financial institution may not agree to forward funds to complete a sale, there for real estate negotiations begin again.

A Comparative market analysis or home evaluation is an examination of prices at which similar properties in the same area recently sold, properties currently on the market and properties with offers on them (pending offers). Real estate agents perform a comparative market analysis for their clients to help them determine a list price when selling a home or a price to offer when buying a home.

 

The true value of a home is the value of what a seller wants, what a buyer is willing to pay and of course what the bank thinks!

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