Enter to win a $4,000 travel voucher from Realty Executives Focus when you Buy or Sell a property with one of our Agents.*
*Terms and Conditions:
1. Entry is valid to all Canadian residents who buy or sell a property with a Realty Executives Focus Agent between Jan 1, 2023 and Dec 31, 2023.
2. The property must be in a firm contract (also known as sold or conditions removed) by December 31, 2022.
3. The winning entry will receive a travel voucher to the value of $4,000.00.
4. Winner will be drawn on January 3, 2024. The winner will be notified via E-mail.
5. The voucher can be used for any form of travel to be booked with our travel agent before the 31st of December 2024.
Each office is independently owned and operated. Not intended to solicit individuals under contract with another Brokerage. Draw and incentive offer subject to rules and eligibility agreement.
JUST LISTED 🏠 112 Pine Street, Sherwood Park, Alberta
OPEN HOUSE! Saturday May 13 12-3 PM
Just Listed in Sherwood Park! Welcome Home! Wonderful family home quietly placed on one of Sherwood Park’s largest residential lots in Sherwood Heights. Perfect place to raise your family and enjoy peaceful enjoyment surrounded by mature trees and tons of privacy. Great location close to parks, schools, shopping, and walking trails. Beautiful bungalow approximately 1900 sqft with 3 bedrooms plus den and 2.5 bathrooms. Tons of beautiful features such as a unique 2 way fire place, large vaulted ceilings, open concept living, finished basement complete with wet bar, and so much more! Enjoy a bright and open space with natural lighting all around. Huge backyard with finished deck – a perfect place to entertain and make memories with your family. Come check it out next weekend at our open house!
I am extremely grateful and honoured to have received the Double Diamond Award for a second year in a row from Realty Executives International. Out of many thousands of agents worldwide, to be recognized as one of the top producing agents is an incredible achievement.
#3 Top 100 Units in Canada
#5 Top 100 Commission in Canada
#30 Top 100 Units International
#86 Top 100 Commission International
What an incredible honour!
Thank you to my wonderful clients, amazing team, family and friends for another record breaking year in the books! I could not have achieved this without your loyal support. Thank you, thank you for your continued trust in me and my expertise. From buying/selling your first home to expanding your real estate investment portfolio, I look forward to continue helping you in many years to come.
Here’s to another successful year for 2023 🎉
If you would like to work with me, feel free to call me direct at 780 777 9703!
The market sure is heating up! We’ve had multiple showings and a growing number of people heading to our open houses. There is no better time than NOW to look at your potential options in time for the SPRING MARKET.
Whether you are looking to expand your space, downsize or invest in a property, feel free to contact me. Realty Executives Focus is a full service brokerage assisting families in buying, selling and investing in real estate!
January 2023 Market Update
Average Price of Single Family homes in Edmonton and Area
“YEG Housing Market Sees Stable Transition Into New Year”
“The Edmonton real estate market remained relatively stable from December as we transitioned into the new year,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “While many categories saw minimal decreases month-over-month, average prices for both the row/townhouse and apartment condominium categories saw increases when compared to December 2022.”
Single-family houses went for an average of $451,659, condos went for about $189,631 and duplexes sold for an average price of $355,086.
While it’s not unusual for the market to cool at this time of year, a climbing interest rate could be leading buyers to re-evaluate and sellers to reconsider moving. However, I anticipate activity will pick up in March just in time for the Spring market. If you have questions about the rising interest rates, forecasted home prices, or would like to know what these market stats mean whether you are buying or selling, feel free to contact me.
A Comparative Market Analysis (CMA) is an estimate of the market value of a property and is typically completed by local real estate agents. Real estate agents compare recently sold properties based on the neighbourhood, size, and age to determine a market valuation for a specific house.
Even if you aren’t thinking of selling now or in the near future, it’s never a bad idea to know what numbers you are working with. This can help you in the long run! I can provide you with a FREE CMA. Over the years, I have listed and sold all types of properties. From vacant land to apartments to duplexes to single family homes to acreages in rural communities. I’ve listed in Edmonton and Surrounding Cities such as Fort Saskatchewan, Sherwood Park, St. Albert, Rural Strathcona County, Redwater, Beaumont, Gibbons, and more. If you don’t see it here, let’s chat!
12939 12941 102 St – Edmonton20932 131 Ave – Edmonton25 Currant Cr – Fort Saskatchewan#115 2203 44 Ave – Edmonton#11 8602 Southfort Blvd – Fort Sask167 Great Oaks – Sherwood Park41 Marion Dr – Sherwood Park#908 10303 111 St – Edmonton4349 51 St – Gibbons8517 98 Ave – Fort Saskatchewan#203 9930 100 Ave – Fort Saskatchewan54/56 Wiltree Terrace – Fort Saskatchewan46/48 Wiltree Terrace – Fort Saskatchewan21028 128 Ave – Edmonton
Open Houses
Open Houses are a great way to get a feel for a property and ask any and all things real estate from one of our Realtors. If you are a first time home buyer, this is also a great starting point for your home search. See what you like/don’t like in a house, neighbourhood, features, amenities, and more.
We host open houses almost every weekend! Make sure to stay tuned on social media or click here to stay updated.
Come check out our open house tomorrow February 18 from 12-3 PM!
The Realty Executives Focus team, along with Kris Crawford (Mortgage Associate) had a great time at this year’s event!
Last Wednesday, I attended the 2023 Edmonton Realtors’ Association Housing Forecast at the Edmonton Convention Centre! I am so glad this event is back! It’s the first event hosted by EREA post covid. The event is a great chance to talk real estate, review historical information and learn expected projections for the new year. This year was great and informative – just as expected.
The emcee, Canadian Comedian Steve Patterson, was back for his third year (hosted both in 2019 and 2020) and did an amazing and hilarious job. The very well spoken and knowledgeable speakers included Past and Present Board Chairmans from Realtors Association, Modern Economist Todd Hirsch, Corporate Economist from the City of Edmonton and the Associate Minister of Finance, Honourable Randy Boissonnault.
I wanted to share some insight and summary of what was presented and inform you of what these experts expect for 2023! There are some variable factors and economic drivers that can potentially impact these projections that may or may not be beneficial to our market. These include climate change, global economy, military spending, conflict overseas and more.
2022 Year in Review
Average Price in 2022 for Single Family Homes: $484,822
Total New Listings in 2022 for Single Family Homes: 21,496
Total Sales Reported: 14,223
2023 Housing Market Predictions
Expect to see sales decline slightly and prices to gain modestly. Overall, the national market is expected to see more balance between buyers and sellers, a change from pandemic markets characterized by record-high buyer demand. Years 2020-2022 are considered to be anomalies and as we move forward in 2023, we can expect to see the market “correcting and normalizing” itself.
Activity in Alberta’s resale and new home markets is being supported by strong population growth. Alberta’s population grew by 1.3% in the third quarter of 2022, the highest single quarter growth rate in over 40 years.
Strong Housing Fundamentals in Alberta
Large core age population – Alberta has the youngest population in the country, with an average age of 39. More than half (53%) of Alberta’s source population is between 25 and 54 years of age, the cohort in which most household formations occur.
Shifting Demand/Product Type
Increased demand for apartments/condos: Buyers aren’t going anywhere they are just looking for something different! We expect to see a shift in row/townhouses and apartments/condos!
Continued growth in the luxury market: As I mentioned above, Alberta has a young population. A generational shift is occuring where a lot of older homes are up for sale. Investors/buyers are buying, ripping them down and building bigger homes, or renovating. We can see an increase of infills and modern homes in Edmonton!
An influx of migration from out of province: Minister of Finance Randy Boisssault mentioned immigration. 100% of the labour force growth comes from immigrants. We can expect to see more newcomers looking and buying homes.
Key Takeaways:
Edmonton can expect the 2023 market to continue to normalize. Compared with long-term trends, the COVID years are anomalies. This means we will see a drop in year-over-year numbers, with sales, listings and prices hovering at levels seen in 2019 and prior.
Our region is well-positioned to take on the economic challenges 2023 could bring. Alberta has affordability, demographics, and employment on its side.
According to a recent report from the Government of Alberta, “In Alberta today, it takes 21 weeks of work to pay the annual mortgage payments on the average home purchased on the resale market. As a result, this is 41% lower than the national average of 36 weeks. By contrast, it takes 50 weeks of earnings in BC, 46 weeks in Ontario, and 26 weeks in Quebec to meet annual mortgage payments.”
Greater Edmonton Area – Edmonton, Fort Saskatchewan, Sherwood Park, St. Alberta and other surrounding cities are both a great place to live and invest real estate in! One of Edmonton’s continued strong activity is it remains among the more affordable markets.
If you have any further questions or would like to discuss what this means for you and your real estate investment, please do not hesitate to contact me any time!
And just like that, 2022 is over. Thank you for all your support and most especially, the referrals! Thank you to my clients, friends and family for an incredible year! I strive to always keep growing and I hope 2023 allows me to continue to help you in all your real estate needs.
In 2022, I have worked with tons of buyers and sellers – from first time home buyers and relocations to out of town investors and builders. I have been working as a Realtor for over 17 years now and I could not be more grateful for every single person that I have worked with. Every deal is on a case by case basis and no two are alike. That’s what I love about this work!
I am extremely excited and optimistic for 2023 so if you are interested in working with me or would like to know the current market and/or market predictions for the new year, feel free to give me a shout.
I am always on the search for real estate investment properties within Edmonton, Fort Saskatchewan, Sherwood Park, St. Albert, and other surrounding areas. Every two weeks, I will be sending out an exclusive newsletter for my investor clients about potential investment opportunities in Edmonton and area. Please see below for this week’s roster of potential rental opportunities that I have found!
If you are interested in investing in real estate or would like to be the first to hear about exclusive rental opportunities, give me a call at 780 777 9703 or contact me.
1. House Rental in Fort Saskatchewan
Currently Rented Long Term
Price
$365,000
Rent
$2,000
Capitalization Rate
4.83%
2. Single Family with Legal Suite
Located in Ebbers Community (Northeast Edmonton)
Price
$509,900
Rent
$3,000
Capitalization Rate
5.31%
3. Great Infill Opportunity
584.89 Sq M Lot – Nice and Wide (Potential to Build!)
Price
$169,900
Rent
Lot Potential
Capitalization Rate
Call to Inquire
4. 15 Unit Apartment Building
Close Proximity to Downtown and Queen Mary Park
Price
$1,710,000
Rent
$13,083
Capitalization Rate
5.11%
5. Great Location and Cash Flow
Total of 6 Bedrooms and Good Parking!
Price
$669,000
Rent
$4,500
Capitalization Rate
5.56%
6. 3 Bed + 2.5 Bath Duplex Renter Ready
Duplex Built in 2015 – SW Edmonton Location
Price
$339,900
Rent
$1,800
Capitalization Rate
4.60%
Monthly Housing Statistics from Realtors Association of Edmonton
“Although unit sales were down across all categories, average prices remain steady for single-family homes in the Edmonton region.”
As a FULL SERVICE brokerage, Agents at Realty Executives Focus can not only assist you in buying and selling real estate but also rent out your property through our Property Management division!
Maintenance – Work Orders, Service Requests, Emergency Hotlines
Marketing – Ads will be posted to Rentfaster, Rentals.ca, Kijiji, Zillow and more!
Outdoor Rental Marketing Sign
Invest with Us!
RED TF 2022
*Disclaimer:
There are many different factors that you should consider before investing in real estate. Every potential investor should consider their goals, current financial situation and the current market conditions.
This document provides general information only and may be subject to change at any time without notice. It does not constitute financial product advice.
New build homes available Pre-MLS in Wiltree Terrace, Fort Saskatchewan AB!
I am excited to present an exclusive offer for you. We have 8 available homes for sale PRE-MLS in the highly sought after community of Westpark, Fort Saskatchewan.
46/48 Wiltree Terrace
Home Features
Duplex Home with Double Garage
3 Bed + 2.5 Baths
Upstairs Bonus Room + Laundry
Samsung Appliances Included
Oversized Double Garage
Approx. 1600 Sqft
New Home Warranty
Backing onto River Valley, Ball Diamonds, and Andy’s Playground
54/56 Wiltree Terrace
Westpark Community
WestPark is Fort Saskatchewan’s most popular family neighbourhood. This master-planned community features premium lifestyle amenities and community appointments that enhance home values and owner satisfaction.
Just minutes from Fort Saskatchewan’s most popular sports and recreation centres, WestPark is an ideal community for active families. With the Dow Centennial Fields and the Dow Centennial Centre nearby for sports fans, and the West River’s Edge wetland and boat launch area within walking distance, home buyers couldn’t ask for a livelier neighbourhood.
Parks
There are also plenty of parks in the WestPark area, including Pryce Alderson Park, JD MacLean Park, William Casey Park, Marion Rogers Park and more!
In addition to widespread parks and playgrounds around WestPark, the community also features an extensive internal network of walking paths that wind through the neighbourhood and link residents with community and city amenities. These paths also connect with Fort Saskatchewan’s 25-kilometre public trail system, which makes for endless exploring!
Andy’s Playground
Schools
With James Mowat Elementary School nearby, WestPark is a great choice for families with young children who will be starting school soon. Siblings, friends and neighbours can all walk or ride their bikes to school (and maybe even stop at a playground or two along the way).
Why live in Fort Saskatchewan?
Life in Fort Saskatchewan has plenty to offer and is worth getting excited about whether you are a new arrival or relocating within the city. As well as all the great things about Fort Saskatchewan itself, it is just 15 minutes from Edmonton — which opens up a whole raft of options and also makes for a viable commute.
As well as stores, restaurants and more, this is a great city for lovers of the outdoors. Over 75 km of trails are just waiting to be explored, whether on foot or by bike. Other ways to stay active in Fort Saskatchewan include a visit to the swimming pool or playing a few holes at one of the several local golf clubs.
Fort Saskatchewan’s real estate market consists of three main neighbourhoods: Pineview, Westpark and Sherridon. Between these three communities, buyers will find an excellent range of options. The city’s downtown area is located in Sherridon, while Pineview and Westpark offer a mix of green spaces and businesses for residents to discover.
Enjoy what nature has to offer right in your backyard!
If you are interested or would like to view this property, give me a call 780 777 9703!
We have listings in Sherwood Park, Edmonton, St. Albert and other surrounding cities! If you are interested in any of our properties, give us a shout. As always, check out my website for more.
Travel plans for 2023? Enter to win a travel voucher from Realty Executives Focus valued at $4,000!
Realty Executives Focus is offering a grand prize flight voucher worth $4,000 CAD when you buy or sell a home with us. This could be used for you and your husband/wife, family, friends or go solo and fly on your own. The travel voucher will be used through our chosen travel agent.
Fallacies about the buying process keep many renters from exploring the possibility of buying a home, but savvy real estate agents know a little education can go a long way in turning many of these would-be renters into lifelong homeowners. Many renters consider home ownership out of reach, have concerns about economic uncertainty and fear of a housing downturn as reasons to sit on the sidelines, with many preferring to watch the market before making a move to buy.
1. “Renting makes more sense because I may move in 5 years.”
Sure, while it may make more sense to rent than to buy over a short term of a few months, the equation can easily flip with buying being the best value for a homeowner planning to stay for at least five years and, in some cases, as few as two years!
2. “I don’t make enough money to buy.”
Income is important but not as limiting as people may think. Just as there are high income earners who are “house poor” (spending more than 30% of their income on their mortgage), there are people with modest incomes who are able to live comfortably in their own home.
Also, renters must bear in mind that rent is almost always guaranteed to go up, while the payments on a fixed-rate mortgage will not, making ownership the more budget-friendly approach over the long term.
3. “I can’t save enough for a down payment.”
Many are not aware of the many programs such as Home Buyers’ Amount ($5,000), Home Buyer’s Plan (withdraw from RRSP), GST Rebate, and Government Equity Program that allows first-time buyers to close on a house with almost nothing down!
4. “There’s nothing in my price range.”
Once a renter has been pre-approved for a mortgage, they have a good idea of their target price range. Then, when they start looking at the entry-level inventory, they find themselves up against a competitive market.
Here’s where I can help you out! I will guide you as a first-time buyer into looking at different areas where homes are in your price range, but also help you find those rarer listings where a home that’s not necessarily move-in ready yet in a nicer neighbourhood is selling for less.
I have been working alongside Kris Crawford at Innovative Mortgage for a long time and I highly recommend contacting him for mortgage related information!
5. “The perfect house is waiting for me.”
Renters who have watched many real estate TV episodes may have unrealistic expectations about buying a property.
First, they may not be aware that every property has pros and cons. It’s important to remind them that finding an affordable home is going to involve some trade-offs, but ultimately, will offer the security and accomplishment of ownership.
Second, good houses go fast, so first-time buyers must be financially, mentally and emotionally ready to act.
Check out my current listings or if you see a house you like – let’s make something work!
Be sure to check out our new Renter-to-Homeowner program launching soon!
