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Windermere Edmonton Open House

2108 Ware Road

SUNDAY APRIL 7, 2019 - 3:00 - 5:00 p.m.

MLS #E4145493

PRICE: $599,800

Main Photo: 2108 WARE Road in Edmonton: Zone 56 House for sale : MLS®# E4145493

Better than NEW! This absolutely stunning Dolce Vita 2 sty is nestled in a quiet cul de sac in prestigious One at Windermere & boasts a large pie lot backing to a walkway. Architecturally modern designed home boasts an open plan for entertaining. The contemporary finishes will wow your guests! Approx 2280 square feet featuring 9' ceilings, a modern sun filled kitchen w/granite counters, gorgeous cabinetry, porcelain tiles, huge island w/pendant lights, upgraded S/S appliances & extensive use of pot lighting. Spacious mudroom & a walk-thru pantry. The great rm has a gas F/P w/mantle & hardwood. Sleek iron railings lead you up to the huge bonus rm w/high ceilings/oversized windows, laundry rm, 5 pc bath + 3 large bedrooms. The master ensuite features a fireplace, His/Hers sinks, an 4' tiled shower w/10 mil glass, free standing tub & W/I closet. The lower level is ready for your personal touches. 21x22 finished garage & a P/Fin deck w/lots of west sun. Minutes to the River Valley, ponds, parks, shopping, transit & 2 schools. Shows a ten out of ten! To view this home, contact Brandon-Lee at 780-237-7074 or view interior photos or search more homes recently listed in Windermere Edmonton.

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Brookview Edmonton Open House


SUNDAY APRIL 7, 2019 - 12:00-2:00 p.m.

MLS #E4149840

PRICE: $698,000

LOCATION, LOCATION! MILLION DOLLAR VIEW! A RARE opportunity. Enjoy the tranquillity of the spectacular Whitemud Creek Ravine from your beautifully renovated 2343 square feet bungalow w/a bright sunny loft. Brookview Estates is nestled in a quiet cul-de-sac of luxury bungalows w/a maintenance free lifestyle. Meticulously maintained home offers 9 ft ceilings & an open concept plan w/a formal dining rm, ideal for those who love to entertain. Sunlit Great room with a three-sided fireplace and & a wall oversized windows. Relax on your deck & enjoy Natures beauty (motorized awning for shade). Renovated kitchen w/newer backsplash, granite and stainless steel appliances. Large master suite w/a spa-like ensuite. The main floor has a den, second bedroom plus two full baths. Stunning open tread curved staircase. Huge loft with southeast views off the upper balcony fireplace, a wet bar & 2 piece bath. Upgrades incl updated hardwood, crown mouldings, A/C, tile, lighting, counters & warm paint tones. F/Fin basement w/family rm, bedroom, lots of storage & full bath. Steps to park. Shows a perfect ten! For more information on the beautiful home, contact us or view more photos.

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Hollick Kenyon Edmonton Open House


SUNDAY MARCH 31, 2019 - 3:00-5:00 p.m.

MLS #E4146553

PRICE: $410,000

Absolutely stunning, newly renovated w/over 2000 sq.ft. of total living space located on a massive sunny southwest facing pie shape lot. This beautiful home has been renovated top to bottom. The main floor offers a bright kitchen with nook, formal dining room and living room. The upstairs has been redone w/ 3 bedrooms and full bathroom, master has a walk-in closet and 3 pieces en-suite. There is a large 4th bedroom located on the 3rd level with another 3 pc bath, laundry and brick fireplace on the same floor. Head down to the lowest level and there is a large recreation room, perfect for a game or theatre room, beside huge/utility/storage room. Upgrades include New white kitchen cabinets, granite counter tops, ceramic tiles, light fixtures, updated bathrooms, hardwood floors, stainless steel appliances and much more. Great location close to schools, parks, shopping, public transit and easy access to major arteries. The homes shows great and is perfect for the family requiring plenty of space. View more details about the Hollick Kenyon Home.

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SUNDAY MARCH 31, 2019 - 12:00-2:00 p.m.

MLS #E4149159

PRICE: $350,000

Main Photo: 11203 Groat Road NW in Edmonton: Zone 07 House for sale : MLS®# E4149159

This fully finished bungalow is situated in an excellent location on a 650-meter square corner lot with R3 zoning. It features 3 large bedrooms on the main floor as well as an additional 2 in the basement. Not to mention the benefits of having a SECOND KITCHEN in the basement with a separate entrance! Right across from the West Mount shopping centre as well as only minutes away from N.A.I.T and the University. Though it needs a bit of TLC, this would be a perfect family home with a little paint and updating. View more photos for this Inglewood home here.

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Griesbach Edmonton Open House

271 Griesbach Road NW

SUNDAY MARCH 24, 2019 - 12:00-2:00 p.m.

MLS #E4144479

PRICE: $399,900

Gorgeous half duplex located in Edmonton's Griesbach Community! Pride of ownership is clear in this modern, open concept space. The living room is spacious and offers tons of room for entertaining. Plenty of windows provide an open and airy feel. The adjoining kitchen features upgraded stainless steel appliances, a centre island with breakfast bar, ample cabinetry and a formal dining nook. A bath and laundry room complete the main floor. Upstairs features 3 bedrooms. The master suite boasts its own private 4 piece ensuite and walk-in closet. The basement is finished and includes a recreation space plus a computer room and a guest bath. Enjoy Edmonton's beautiful summers in your private, fully-fenced backyard. A double detached garage will protect your car from winters elements. All that's left to do here is move in! Read more about this Griesbach Edmonton home.

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Elsinore Edmonton Open House

10435 175A AVENUE NW

SUNDAY MARCH 24, 2019 - 3:00-5:00 p.m.

MLS #E4146723

PRICE: $421,900

POTENTIAL GALORE!! Fully developed 1680 sq.ft., 3+2 bedroom, North Edmonton bungalow. Grand front foyer and staircase to lower level. Open and spacious floor plan with vaulted ceilings, gas fireplace in the living room, garden door access off the eating area to backyard deck. Large master bedroom with jetted tub and separate shower. Main floor laundry room. Basement offers entertaining size Rec Room/Games Room, loads of storage area and serviced with a 3 piece bath. Quiet keyhole location. Great home with a little TLC. Read more about this Elsinore Edmonton bungalow.

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Can You Afford to Sell Your Edmonton Home?

Snow is melting and the Edmonton real estate market is beginning to pick up, especially in the southwestern part of the city. Although the Edmonton real estate market is still soft with dormant house prices, the buyers are starting to come out of hiding.

If your planning on selling your Edmonton home this spring, do your homework and estimate your closing costs to ensure you have enough money to make your move. There is nothing worse than sitting with your lawyer and not having enough funds to close your sale.

Edmonton House Prices Image

When a home is sold, the seller incurs various closing costs in addition to paying out the remaining balance on their mortgage and payout penalties. Typical closing costs for a seller may include any property taxes which are in arrears, encumbrances, the cost of a real property report with compliance and/or title insurance, any permits which were not obtained earlier, real estate commissions, any provincial, GST revenue, agricultural or business taxes, liens and legal fees. If the property is a condominium, the seller may also have costs of condominium documents, unpaid condo fees, levies and the estoppel certificate. When selling a house, the seller's costs vary from a few thousand to several thousand.

Since our Edmonton economy is not in the best shape and buyers have become nervous about making large purchases, there are several ways to maximize the value in your home without major renovations including staging and a little bit of home maintenance. Pricing your home correctly in today's Edmonton Real estate market is crucial and timing is also a factor. Read more on your community absorption rate.

If you are not sure if you have enough equity in your home, contact one of our real estate experts for a free home evaluation.

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Gariepy Edmonton Open House


SUNDAY MARCH 17, 2019 - 3:00-5:00 p.m.

MLS #E4145657

PRICE: $428,800

Spacious 2192 sq ft above grade home in quiet crescent. Many recent upgrades throughout including shingles, furnace, kitchen and bathroom renovations. The main level features a sizeable living room able to accommodate large furniture. There is a formal dining room next to the renovated kitchen. Kitchen has granite counters, new cabinetry with under mount lighting, new fixtures and top of the line appliances. Upstairs are three bedrooms and two full upgraded bathrooms. The master is a roomy 19'x12' plus a walk-through closet. The third level has a family room with custom stone f/p and patio doors to the backyard. There is a 4th bedroom and renovated 2pce bath on this level. The lower level has a rec room, another bedroom and 3pce bath plus laundry room. The yard is a gardeners oasis in the summer with beautiful shrubs and perennials. Slate steps and cobblestone patios add to the appeal of this wonderful home. Excellent west end location close to all amenities. View more details on this great Gariepy home!

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Ottewell Edmonton Open House


SUNDAY MARCH 17, 2019 - 12:00-2:00 p.m.

MLS #E4145634

PRICE: $524888

Make the BEST MOVE OF YOUR LIFE! Across from GREENSPACE/PARK and tucked into a cul-de-sac - this 4 Bed/2 Bath 2200 SF of living space awaits your family. The location could not be finer. Minutes to downtown and close to excellent schools of all levels- welcome to this mature diamond community that is teeming with young new families. Enjoy the weekly farmer's market, non-stop events, water park, skating... it's all here. Extensively renovated Rock Solid home boasts 30-year shingles, Rayomax windows, gleaming maple hardwood throughout, new laminate in the lower level, new trim, hot water tank, newer kitchen with thick stone counter tops, two spa quality bathrooms. Fully Finished basement features hand made WALNUT fireplace mantle with an energy efficient wood burning fireplace, rumpus room and bar area. All this PLUS a stunning outdoor space. Light fills this house all day from all angles. West facing back and east front guarantees sunlight all day. Double detached garage and cement pad will park 4 cars. Learn more about the great Ottewell bungalow

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Welcome to our Open House!

Edmonton open houses are great for the listing real estate agents because it gives us an opportunity to meet the neighbours who may be thinking about selling their home and to pick up new buyers.

Edmonton Open Houses Image

When real estate agents host an open house, the ultimate goal is to sell the home. The agent who is hosting the open house is representing the seller, has already spent time and money and anyone who walks through the door needs to understand, the agent will be asking you questions.

If you are only looking for decorating ideas or you are already under a Buyer's Brokerage Agreement, let the hosting real estate agent know. We have Rules, Regulations and a code of Ethics, whereof, we are not allowed to interfere with another REALTORS® Clients. However, if you are not currently working with a real estate agent, REALTORS® are always looking for new business.

If you are interested in the property and would like more information on the home, call your current agent - DO NOT tell the listing agent. Anything you tell the hosting real estate agent will be disclosed to the sellers and in the event, you write an offer on this property, information can be used against you in negotiations. It is our job to work in the best interest of our clients which would include informing the sellers of all interested parties.

Real Estate Agents are also responsible for ensuring the proper care of the home while showing. If you have children, please hold their hands and don't be offended if the REALTOR® is following you everywhere.

If you are just starting your new home search and would like a list of upcoming open houses in Edmonton or need a real estate buyer representative to help you through the process (for free), contact us.

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How to predict how many days it will take to sell your home.

When homeowners interview real estate agents, sellers often ask "How long will it take to sell my house?" Although there is no magic way of knowing the answer, know what is currently happening economically and using a real estate absorption rate here in Edmonton will give us a good indication of how long a property will be on the market. An absorption rate will also tell us if it is a buyers market or a seller's market and is often used by real estate investors. It can also give a prediction on the demand of an Edmonton community.

Edmonton Real Estate Market Image

Knowing how to use and calculate absorption rates using this real estate tool has several benefits. It's the best thing next to a crystal ball. An absorption rate It is a rate at which homes sell in a given area during a given time period. Absorption rate is calculated by dividing the number of sales in a given month by the number of available homes for sale. It is the inverse of months of supply.

For example, if there are 100 houses listed for sale in a certain area, and 10 houses sold over the last month, the absorption rate is 10/100=10%. Which means, assuming no other house listing are put on the market, it would take 10 months for buyers to purchase enough properties to absorb the real estate demand.

As a rule of thumb, an absorption rate of 20-25% or higher means that homes are selling quickly and the market favours sellers. Lower absorption rates mean that homes are not selling quickly and supply is much greater than demand, favouring buyers.

Community absorption rates predict the number of days it takes to sell a home in any real estate market. If you are thinking about selling in Edmonton or the surrounding area and would like to know the absorption rate in your community, contact us.

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Edmonton Open House

Where: 3651 109 Street NW Edmonton Alberta - get directions

When: Saturday, January 12th, 2019 between 2:00- 4:00 p.m.

Community: Duggan      Price: $415,000

Location, location, location! Renovated bungalow located in south-central Edmonton close to shopping, LRT and Duggan Elementary & Harry Ainlay High School. The main floor of this cordial home features 3 bedrooms above grade with en-suite in master, remodeled full bath, spacious kitchen with ample counter space and white barn doors opening to formal dining area, large living room and a grand foyer with plenty of closet space for your whole families winter attire. Basement is 90% finished with a wonderful family/recreation room, large laundry area with extra storage, a 4th bedroom featuring an over sized walk-in closet, office/den and a modern 3rd bathroom with a rain shower head and jet sprays. This home is located on a beautiful large mature lot with a double garage and back alley access...WOW!

For more information on this home, contact Brandon-Lee Abuan today at 780-237-7074

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When deciding between purchasing a single family house or a condominium, one of the largest factors is the price. Currently, in Edmonton, there is a surplus of condominiums for sale and are a great real estate investment whether you are a first-time buyer or are looking for residual income as a rental property.

Edmonton Condominiums Image

Purchasing a condominium in Edmonton comes with both perks and downfalls, especially if you are not familiar with the history of the condominium. When you buy a condo, you are buying a share in the complex, similar to other investments, you will own a portion of the common area - both capital gains and loses. If you are familiar with what you need to know before purchasing an Edmonton condominium, you are leaps ahead. The first thing you need to know is your money (condominium fees) will be spent.

Condominium Bylaws

The bylaws may also play a key part in purchasing a condominium. Bylaws overall are pretty standard, but read them anyway or take them to your lawyer to read. There may be items in there which can be important to a buyer which may have been overlooked. A few examples are: No pets allowed, Extra costs occurred as a rental property, or no bar-b-ques allowed on a balcony. If you have any concerns with the bylaws, feel free to contact the management companies and ask questions.

Condominium Fees

Depending on the type of condominium you are purchasing, will depend on what the condo fees cover. Sometimes these fees only cover exterior maintenance. Complexes with more amenities such as exercise rooms and pools will always have higher fees due to the maintenance cost of purchasing a condo with several units is, in the event, there is a special assessment on the building, the cost is shared by a larger number of people.

Reserve Fund Study

A Reserve Fund Study is one of the most important documents. With every condominium complex in Alberta, it is now mandatory to have a new Reserve Fund Study completed every five years (New condos are exempt until they are five years). The reserve fund study is a physical study completed on the building and indicates any foreseen structural issues with the building. It is laid out in the same manner as any business plan with predictions of structural deficiencies and repairs and how they will affect condo fees.

Condominium Documents

There are several documents to review prior to purchasing a condo in Edmonton Alberta. Like any investments, it is extremely important to view the financials of the complex. Below is a list which you should add as a "Satisfactory Review" condition to your purchase to offer.

  • a statement setting out the amount of any contributions due and payable in respect of the unit
  • the particulars of:
    • i. any action commenced against the corporation and served on the corporation
    • ii. any unsatisfied judgment or order for which the corporation is liable
    • iii. any written demand made on the corporation for an amount in excess of $5,000 that, if not met, may result in any action being brought against the corporation
  • the particulars of, or a copy of, any subsisting management agreement
  • the particulars of, or a copy of, any subsisting recreational agreement
  • the particulars of any post-tensioned cables located anywhere on or within the property that is included in the condominium plan
  • a copy of the budget of the corporation
  • a copy of the most recent financial statements, if any, of the corporation, including the most recent year-end and month-end statements
  • a copy of the bylaws of the corporation
  • a copy of the most recent approved and most recent draft minutes of the annual general meeting
  • a copy of the minutes and draft minutes of meetings of the board of directors of the corporation for not less than the past 12 months
  • a statement setting out the amount of the capital replacement reserve fund
  • a copy of the reserve fund report
  • a copy of the reserve fund plan
  • a statement setting out the amount of the monthly contribution (commonly referred to as condominium fee) and the basis on which that amount was determined
  • a statement setting out any structural deficiencies that the corporation has knowledge of, at the time of the request, in any of the buildings that are included in the condominium plan
  • a copy of any lease agreement or exclusive use agreement with respect to the possession of a portion of the common property, including a parking stall or storage space
  • a copy of the registered condominium plan
  • a copy of the condominium additional plan sheet certificate (CADS)
  • a copy of the insurance certificate
  • the amount of any homeowner association fee
  • a copy of any proposed special resolution awaiting a vote
  • a copy of any special resolution that has been passed but not yet implemented
  • a copy of any easement, covenants and restrictions (ECR) agreement
  • a copy of any other building or site report such as a building assessment report, building envelope report, geotechnical report, technical audit, performance audit
  • any other relevant information

We know that buying a condo in Edmonton is a bit more complicated than purchasing a single-family home, that’s why, here at RE/MAX, we want you to feel confident with the ins and outs of buying a condo. Never hesitate to contact us if you have any questions or concerns during your buying process – we’re here to help.

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Financing your home is probably one of the least fun aspects of home ownership. Nevertheless, it is essential. And when it comes to a reverse mortgage, things get a little more interesting. With a reverse mortgage, you can take advantage of the value of your home without selling it. Sounds pretty good, doesn’t it? Before you call your bank, here are all the facts about how reverse mortgages work.

Edmonton Home Equity Image

What is a Reverse Mortgage?

A Reverse mortgage refers to an equity release. It allows a homeowner to borrow a percentage of the current value of your property. This percentage is based on certain criteria which include your age, the appraisal of your home, financial institution, and current market trends in your municipality. All of these factors will contribute to the amount of money you will be allowed to access.

Can a Reverse Mortgage Be Paid Off?

The reverse mortgage loan is not usually required to be paid off until the time of death. This is one of the things that appeal to older home owners, especially if they plan to live for a long time. However, if you are planning to leave your property for your children at your time of death, an equity take out may be a better option.

Reverse mortgages do not have regular monthly payments. Keep in mind, interest will be charged to the original loan amount until your loan is paid in full and will continue to increase the loan amount over time. When you sell your home, or you no longer use your home as your primary residence, you will be expected to pay the entire amount owing.

Who is Eligible for a Reverse Mortgage?

In order to apply for a reverse mortgage, you must:

Own your home, which must be your primary residence
Be at least 55 years old if you are single
Both must be at least 55 years old if you own the home with a partner/spouse
Both must be on the mortgage application if you own the home with a partner/spouse
Pay off your mortgage once you receive a reverse mortgage

How Do I Access My Money Once I Qualify?

Once you qualify for a reverse mortgage, you are required to pay off your mortgage as well as close outstanding loans or lines of credit that are secured by your home, which includes your mortgage as well as a home equity line of credit. That might sound scary, but you use the money from your reverse mortgage to pay everything off. The balance of your reverse mortgage can then be used for whatever you like. There are also other fees which include a high-interest rate, home appraisal fee, setup fee and legal fees.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.