Carolyn Knispel & Dan Weiss | 780-439-7000

 
I have listed a new property at 11537 93 ST in EDMONTON.
WOW! Stunning home on a quiet tree line street close to downtown. Completely upgraded home from top to bottom with superb curb appeal. Like new inside with over $100,000 spent on renovations! Newer kitchen, newer flooring, baths, furnace, HWT, basement development, etc! Plenty of windows throughout. Bright newer kitchen with pantry, breakfast nook and upgraded appliances. Inviting open floorplan with excellent sized dining and living area. Kingsized master bedroom and generous second bedroom. Closets have been widened and conveniently has laundry chute to laundry room. Super solid house with fully finished basement and large new windows throughout! Basement has large family room, bedroom and full bathroom. Plenty of storage. Landscaped yard. Nicest home in the neighbourhood! Must see!
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I have listed a new property at 7211 20 AVE in EDMONTON.
Summerside Gem! This 1428 sqft family has superb curb appeal with full verandah. Impressive inside with rich maple hardwoods throughout the main floor, oversized windows and a unique living room with its "open to below" floorplan. Excellent home for entertaining. Large island kitchen complete with pantry, eating bar and stainless steel appliances. Perfectly sized dining area designed to accommodate most family gatherings. Living room is bright and inviting with plenty of light through several oversized windows, yet cozy for relaxing next to impressive fireplace. The second floor has a spacious master suite with a large walkin closet and full ensuite. Second and third bedroom are generous sized and share the second full bath upstairs. Lower level has developed family/tv room and lots of storage. Lots of opportunity to develop this south backyard or enjoy relaxing on new deck. Oversized 20x22 garage! Rare Summerside gem with full lake access to boating/fishing, new schools & walking paths. MUST SEE!
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Edmonton, October 2, 2012: The REALTORS® Association of Edmonton reports that residential listings and sales have trended lower in the third quarter after an active start to the year. In September, there were 1,269 residential sales in the greater Edmonton market as compared to 1,442 in September 2011. Despite the recent cooling trend, residential sales year-to-date are still up 7.2% as compared to last year at this time. There have been 14,565 residential sales to the end of the third quarter as compared to just 13,729 last year.

“There were changes to the mortgage qualification rules in March,” said REALTORS® Association of Edmonton President Doug Singleton. “We did not see an effect on the local market at that time but it seems to have had a cooling effect in the past quarter.”

 

The average1 price for a single family dwelling (SFD) has remained higher than last year for each of the past nine months. In September, the SFD average price of $376,678 was up just 0.23% from the previous year and is up 2.78% from the January 1 price. The all-residential average price is down 2.6% from last year at $323,369. This is the first month this year that the all-res price has dipped below the 2011 figure for the same month.

 

Condominium and duplex/rowhouse prices are more volatile and vary widely from month to month. In September average condo prices were down 3.1% ($229,246) while duplex/townhouse prices on average were up 2.75% ($307,739). Still, after nine months both current prices are up from the January 1, 2012 prices for the category.

Total MLS® System listings this year are up 104 units as compared to last year at 33,295 properties but Total MLS® System year-to-date sales are 16,487 units as compared to 15,378 at the end of the third quarter in 2011. There are 6,956 residential properties in the inventory compared to the 8,062 last year at this time. Rural and commercial property sales are both up marginally compared to last year although listings have dropped. The residential sales-to-listing ratio was down from 56.7% to 52.3% and residential days-on-market was up to 59 in September from 54 in August.

 

“Sales always fall month-to-month at the end of the year; that’s just normal market fluctuation,” said Singleton. “But overall, the market has been stable with little market advantage for either buyers or sellers. Edmonton is still one of the best places in North America to own property and I urge consumers to talk to their local REALTOR® when they are in a position to buy or sell property.”


Activity (for all residential sales on Edmonton MLS® System)


 

1 The total value of sales in a category divided by the number of properties sold
2 Single Family Dwelling
3 The middle figure in a list of all sales prices
4 Residential includes SFD, condos and duplex/row houses.
5 Includes residential, rural and commercial sales

 

1 Average prices indicate market trends only. They do not reflect actual changes for a particular property, which may vary from house to house and area to area. Prior period figures have been adjusted to include late reported sales and cancellations and therefore reflect a more accurate view of the period than previously reported at month end. The RAE trading area includes communities beyond the CMA (Census Metropolitan Area) and therefore average and median prices may include sold properties outside the CMA.

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I have listed a new property at 5343 MULLEN BEND in EDMONTON.
Exceptional new 2500+ Sq/ft home on quiet street in MacTaggart built by custom home builder Liske Developments. Very bright and open plan with hardwood, tile, Granite. Family sized mudroom with walk through pantry into the kitchen. 9 foot ceilings on the main floor with flex room (dining room or main floor office)Great room with gas fireplace, good size eating area ,dark maple cabinets with granite island and countertops. Extra sink in the island. 3 spacious bedrooms up with bonus room. Master bedroom is large enough for king size suite, walk in closet with custom closet organizers. Enjoy the master ensuite with jacuzzi tub,his and hers granite sinks and seperate shower. Basement has 9foot ceilings and is ready to develope. High effeciency furnace and hot water tank. Deck is included in the price. Sound system wiring is run through the house with wall mount controls and speakers in the ceilings. Great family home ready to enjoy.
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