Is your neighbourhood experiencing gentrification? What are some of the tell-tale signs of gentrification to look for?
Knowing the answer to this question can either save you lots of money or make you even more if you're in the market for a home. Buy low and sell high didn't become the most repeated saying in the investment world for no reason - that's how you get a real return on your investment and, in this case, potentially wind up in the hottest up and coming neighbourhoods before they become too expensive.
It's not always easy to tell when an area is about to explode in value but there are definitely some long term indications that you can look for. Whether you are thinking about selling your home or buying one to build equity, here are some of
Whether you are selling your first home or looking to increase the value of an investment property, most homeowners are curious about renovations that increase value to your home. The fact is, not all renovations are created equal, nor do they all give you the ROI you are likely looking for when sinking extra cash into your property.
In my experience, these are a few of the best renovations that increase value on your home and are sure to impress prospective buyers when they come to check it out!
5 Home Renovations That Increase Value
1. A Fresh Coat of Paint
Nothing freshens up a home like a fresh coat of paint! Just make sure you don’t go too wild, stick to neutral colours.
Not too much is out of the ordinary for the Edmonton real estate market update for January 2014. With a 10% increase in sales from the previous month, it seems that we are breaking the post-Christmas sales slump tradition.
Price stability and more property available for sale this month has resulted in a more balanced market with buyers and sellers being given more time to consider all of their options for housing needs. The average days on market dropped nearly two weeks to 61 days (down from 73), which is even more impressive when you consider the fact that there have already been four property sales over $1 million this year already.
Check out some of the highlights from the Edmonton real estate stats for January 2014 in the infographic below.
Although the flow of big concerts has slowed down compared to January, there is a great selection of unique and entertaining Edmonton events in February. Whether you enjoy theatre, comedy or a great outdoor event, there is something for everyone this month.
Even though it’s the shortest month of the year, there is no shortage of things to do with exciting Edmonton events like the classic Silver Skate Festival, Monster Jam at Rexall Place for the monster truck lovers and some excellent musical talent including JUNO-nominated act Madison Violet on February 7 at St. Basil’s Cultural Club.
I've bought 3 properties using Chris Proctor from Proctor team. Chris really cares about you and reaching your goals in purchasing a property. He's extremely knowledgeable on what to look for that other realtors may not know or want to point out. His knowledge was especially beneficial to me when looking for investment properties, either to renovate and flip or to just rent out. I always recommend him to friends whenever I can. I've learnt a lot from him over my purchases.