RSS

Posted on by
This is one of the biggest steps we make in life. Renting out gets tiresome at a point and worrying about rent every month is not so great. So you decide to buy a house, you are ready but remember that being a home owner also comes with responsibilities so are you ready to take them up? The process is not only a physical aspect but also emotional. To ensure you do not make any reckless mistakes you will need a team of professionals to walk the path with you. Several things to do before signing that check are:

Come up with a workable budget

Review your finances and come up with the amount of money to spend in the whole process. When buying a house you not only need money for the purchase, hiring realtors and visiting the houses also costs you money. So establish the approximate cost and all will be okay.

Get a realtor

You cannot always be aware of all the houses on offer and what they cost. Hiring a realtor provides you with a person to do research for you. You need a professional to take...
Read

Posted on by

Canmore Real Estate Market, June 1st 2015

 

Canmore had 145 closed deals from January to May 2015 as compared to 207 in the same period in 2014. That is a 30% reduction in closed deals compared to last year.

The number of listings on the other hand increased from around 200 in January to 264 in June which is more than we saw during the year 2014.

While the average sales price of apartments was $399,000 in 2014, the average sales price from Jan-May 2015 was $369,000. Remarkable however, that the average price in 2015 increased constantly from 315,000 in January to 433,000 in May. Days on market reduced from 76 in 2014 to 56 in 2015. There is obviously a strong demand with very little supply for lower priced apartments and this drives prices for this kind of product.

While the average sales price of vacation properties was $214,000 in 2014, the average sales price from Jan-May 2015 was $218,000. Remarkable here that the average sales price decreased from March 2015 to May 2015. Days on...

Read

Posted on by
As the peak selling season is in full swing, you need to make sure that you don’t miss the bus when the slow summer days come, the heat rises and you are left with your property firmly stuck in your hands. As you consider your disappointment, you need to accept that you cannot realistically sell your house in Canmore until the autumn.

Any plans you may have had to move permanently to your next destination will need to be put on hold. If you have had to move away for work, most likely, you will need to find temporary accommodation while you have to wait for your home to be bought.

While you want to sell your home quickly, there should be no reason to drop the price very much below your property’s achievable market value to get a fast sale. If you want to maximize your return play the smart game, follow these smart moves to ensure that you get the best deal and can make your sale as fast and as profitable as possible. Now even if you are not able to sell in the high season, even...
Read