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The Difference Is? Calgary VS Edmonton

I always like to tease my Calgary counterparts. When I was on the Real Estate Council of Alberta as a council member, the pre-meeting banter would always include some sort of comment welcoming the Calgary members from their carbon monoxide filled commute. They would counter with a humourous comment about Edmonton and on and on it went. My [...]

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The Pipes Aren’t Frozen on Our Web Site!

The Pipes Aren’t Frozen on Our Web Site!

Damn its cold! What happened to that beautiful mild winter we were having? It seems like winter has arrived with a vengeance.
A person called in on one of our builder’s properties this morning saying there were no tracks to the home but the upstairs balcony door was wide open. WOW! It was a sharp reminder that if you have [...]

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A new way to research the home you’re thinking of buying

A new way to research the home you’re thinking of buying

I had a mind blowing experience the other night. Seriously mind blowing. I was showing a home in the Westmount area – by any standards a decent and desireable mature area in Edmonton. While we were looking at and discussing the home, my client started listing off some very significant and specific information about the property.
Now, I have always [...]

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New home upgrades worth paying for, Part 6: Closets

New home upgrades worth paying for, Part 6: Closets

This may be hard for some of our male readers to believe, but closets sell. A few years ago one of our clients (a guy) bought a home and renovated it to flip it. The workmanship was impecable. He built a mechanic’s dream garage in the backyard – it was huge, heated, insulated, had it’s own electrical pannel… the works. [...]

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New Home Upgrades Worth Paying For, Part 5: Green Upgrades

The jury is still out on the value of many “green” upgrades. There is simply not enough data to definitely say which green upgrades offer the best return on your investment. As building codes and government regulations change, something that was considered a green upgrade a few years ago may be required today. For example, if you replace a furnace [...]

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What is a holdback?

A Mixed Martial arts move.
A football play where the quarterback fakes a handoff.
What middle age men do with their stomachs when they enter a room.
A real estate term indicating money will be held back until certain items are completed.

If you guessed the answer is [...]

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Paperwork Rant

Most of the problems I see related to potential agent misconduct, from outright fraud to simple mistakes, is almost always exacerbated by the client or injured party not having copies of the documents they signed. These agents know who they are and if I could boot them out of the industry I would. Sometimes it’s a matter of them [...]

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New Home Upgrades Worth Paying For, Part 4: Lot features

New Home Upgrades Worth Paying For, Part 4: Lot features

There are 5 main factors that affect the value of your home: location, the home itself, the market conditions, your pricing strategy, and how well its marketed. Of course, the most important factor is location, and this means the lot itself, the neighbourhood, the city and the province. What can be tricky is deciding if a “premium” lot offered by [...]

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Alberta Home inspectors regulated as of today!

For several years on this blog I have been preaching that getting a home inspection is a really good idea, but I have also lamented that inspectors were not regulated and that this was creating some issues especially with the less scrupulous inspectors.
Well as of today that is no longer the case as Service Alberta has come down with the [...]

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New Home Upgrades Worth Paying For, Part 3: Bathrooms

New Home Upgrades Worth Paying For, Part 3: Bathrooms

Kitchens and bathrooms are typically the two most important rooms in a home when determining value and salability. Last week I discussed the features worth upgrading in a kitchen, so this week we will have a look at bathrooms.
I’ve already touched on the importance of electrical outlets in the bathroom – a master bathroom should have “his and her” outlets [...]

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