Edmonton Real Estate Blog

The Risks of Selling Your Home as a FSBOHomes are valuable assets, and most individuals understand that they will pay a commission of some type based upon that value when selling through traditional methods. This is a primary reason many Devon AB homeowners looking to sell find the idea of a ‘for sale by owner' (FSBO) transaction appealing. However, regardless of the route taken, owners will spend some money out-of-pocket and face some risks when selling a home in Canada. Here's the scoop on costs and potential pitfalls.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Time is Money—Sellers Must Evaluate the Value of Theirs

Owners tend to underestimate the immense amount of time it takes to

56 Views, 0 Comments

What You Need to Know About Roofing MaterialsMost homeowners go through the experience of reroofing their home at least once. While many people will choose to install the same type of material that was on their home previously, some choose to switch. Knowing the difference between these types of materials can help you decide for yourself what kind of roofing to install. Here's what you need to know.

Asphalt Shingles

Asphalt is one of the most common types of roofing materials used in Canada. Asphalt shingles are preferred by many homeowners because they're easy to install and repair, a great DIY project, relatively affordable, and they come in a variety of colors.

Asphalt shingles perform well in nearly all types of weather. And, because they're so ubiquitous, most homeowners feel

97 Views, 0 Comments

Should You Buy Raw Land?Buying land is different than buying a home. Buyers of land may not need to build on it or rent it out in order to make a profit. Ideally, they just need to hold onto it until they can sell it to a well-funded investor. But there's more to buying raw land than just sitting on the property. Here are a few tips before jumping into a new land venture.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Patience and Profits

When it comes to finding another buyer to take the land off one's hands, investors sometimes wait far longer than they anticipate. This is because neighborhoods can bend and change for any number of reasons. Let's say a major car processing

155 Views, 0 Comments

Canadian Foreclosure Process GuideNo homeowner wants to go into foreclosure on their home. However, even the most well-intentioned homeowner can experience a change in circumstances that makes it hard to meet financial obligations. In some instances, it is possible for a single missed mortgage payment to trigger the foreclosure process. However, Canadian homeowners do have recourse when facing the possibility of foreclosure. Understand more about what the foreclosure process entails in Canada today.

For informational purposes only. Always consult with an attorney before proceeding with any real estate transaction.

The Foreclosure Process in Canada

A homeowner who has recently received paperwork that the foreclosure process will begin does have options. Some may find that

88 Views, 0 Comments

Top Marketing Tactics Used by Successful Real Estate AgentsIn the competitive world of real estate, dedicated agents must use a combination of tactics to effectively market homes for sale. Using their varied approaches, they work hard to position each property in front of ideal buyers to facilitate a quick sale at a competitive price. When homeowners work with real estate agents, they can expect them to use any number of the following techniques to market their homes for sale.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Multiple Listing Service

Real estate agents start the marketing process by placing the property in the Multiple Listing Service (MLS) database. This step is an industry norm that allows

117 Views, 0 Comments

Insulation Information for New HomeownersInsulation is important for maintaining a consistent and comfortable temperature in the home. If your home isn't properly insulated, you could spend hundreds of extra dollars heating your home in winter, or cooling your home in summer.

Older homes often lack proper insulation. Knowing the signs of poor insulation and improving your home's insulation can help you take care of your home. When the time comes to sell your home, a well insulated property may sell faster than a poorly insulated one. Here's what you need to know.

Signs Your Home Lacks Insulation

It's not difficult to identify a home that has poor insulation. Here's what to should watch out for:

  • Uneven temperature from one room to another.
  • Pipes freeze in winter.
  • Ice dams
128 Views, 0 Comments

Pest InfestationNo Westmount homeowner wants termites, roaches or rats to infest their home. However, such a situation can happen all too easily. Those homeowners seeing signs of a pest problem may want to take steps to address the issue, as an infestation can damage a home and even worsen some existing health conditions.

Depending on the type of pest and extent of the problem, there are a few ways to deal with a pest infestation, including professional extermination and handling underlying issues that can increase the likelihood of a reoccurrence. Know more about what to do when pests make a home theirs.

Identification of the Pest

It is important to identify the pest itself before beginning remediation. Some types of products can be used to effectively

112 Views, 0 Comments

What You Need to Know About Millennial Home Buying MythsAs home buyers, Millennials have earned a reputation for being different from the other generations. They approach home buying differently and seem to have slightly different priorities. These differences have lead to quite a few myths in the real estate industry. Understanding these myths can help you understand the future of real estate.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Myth: Millennials Don't Want to Buy a Home

It's said that Millennials want to be renters forever, and it's true that a high percentage of Millennials are currently renting an apartment or a house. However, statistics show that while Millennials may be renters now, they

70 Views, 0 Comments

How to Make Money in Different Types of Real Estate InvestingReal estate is much like the stock market in that there's an inherent amount of risk attached. No matter how much instinct the investor has or how much research they do, there are no guarantees when it comes to predicting property prices. However, there are ways to mitigate the risk once people understand more about the available choices on the market. Learn more about the major types of real estate investment and how each one can impact the investment experience.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

An Abridged Glossary

Understanding real estate starts with understanding the jargon attached to the industry.

  • Commercial: This term usually refers to
83 Views, 0 Comments

3 Common Home Safety HazardsCanadian homeowners may not know the dangers that lurk within their own home. Recognizing potential issues can help occupants create a safer environment, preventing possible injuries and more. Explore the 3 most common home safety hazards today.

Obstacles Resulting in Falls

Older adults are particularly susceptible to falling and as a consequence, breaking bones or suffering from a head injury. Residents living in older homes may need to take steps to avoid this common household hazard. Entrances need to be well-lit, with clutter eliminated from walkways and high-traffic areas. Check that railings for steps are secure and pathways have good traction. Aside from removing debris from outdoor steps, it is also important to avoid the use of throw

117 Views, 0 Comments