RECIPE FOR CHARMING COUNTRY LIVING: Set on basement in 1999. Restore original wood floor and doors. Add kitchen opening onto a large deck and double attached garage. Master bedroom on main floor with ensuite and 2 more bedrooms up. Renovate upstairs bathroom with a touch of charm, claw foot tub and Italian tiling. Include 4th bedroom in basement with ensuite. Add separate basement entrance. Now build a 3 stall 20X30 barn (2007) and ensure horses are secure with wood fences and auto waterer. Include storage shed. Set lovingly on 2.87 acres of land. Tuck into a setting of fields, trees and close to the Red Deer River. On a no-through road, this recipe is guaranteed to please the whole family. All information and measurements to be verified by buyer.
Red Deer Real Estate – February 2010 Market Report
February activity in the Red Deer real estate market proved to be the herald expected of a busy Spring market.
239 Red Deer homes came to market in February, 8.4% fewer than new listings during the month of January and 13.4% fewer than new listings offered in February of last year. Red Deer real estate activity reported 114 sales compared to the 85 Red Deer homes that sold the month before, an increase of 34.1% higher than January sales. The Red Deer listings-to-sales ratio in February was 4.9:1. The average number of days on market for properties changing hands during February was 48. The median sale price recorded at $285,000 for Red Deer homes compared to $284,500 in January and $290,000 last February. Sellers accomplished 99.7% of list price on average during February this year.
Real estate in Red Deer County reported 5 acreage properties finding new owners during the month of February. 2 such sales featured fewer than 3 acres, offering a feeling of country living in suburban houses. One such property sold for $485,000 and the other sold for $850,000. Two other Red Deer County properties each featured horse setups with 5-6 acres of land. Each of these properties found new owners in the low $400K range. A 25+ acre parcel of bare land sold in February at a price of $292,000.
Since most of the work I do is personal, it is a delight when my clients' reciprocate with a referral. I'll let you read it for yourself. Thank you Sheila and Matt! -
"Dear Rebecca:
Matt and I wanted you to know how pleased we were with the services you provided us relating to our home sale on Lancaster Drive in Red Deer.
We found you to be both professional and knowledgeable. You took the time to sit down with us and discuss our goals in terms of timing and finances. Since we wanted to relocate out of the country quickly, our primary goal was to sell our house quickly for the highest price possible. You prepared fantastic marketing materials which included photos of the house that really highlighted some of it's desireable features. You showed us data about recent home sales and listings in our area that helped us decide on an asking price that would attract buyers.
After only two showings, we received an attractive offer which we accepted and the sale was completed 3 weeks later. We really appreciated you staying involved throughout the entire process and making sure we were always updated with each step along the way.
We would definitely recommend you and your services to anyone in the Central Alberta area who is thinking of buying or selling a home.
Bright, spacious, 1 bedroom condo in a secure building with intercom. 3rd floor, south facing balcony. In-suite laundry and storage. Great location in a professionally managed building. Condo fees at $245 include heat, lights, building maintenance, reserve fund and more. All measurements and information to be verified by Purchaser.
Warmth radiates throughout the main floor rooms, punctuated by the beauty of maple in the hardwood floors and cabinetry and the fire place that serves the great room. The hub of the family home, this is the room where meals are prepared and conversation occurs at the casual cafe counter, in comfort next to the fire, or at the family table overlooking the back yard. An office or formal dining room is just off the main entrance and accessed through double French doors. Main-floor laundry shares space in the large mud room entering from the garage. Upstairs, the master includes 3 closets - 1 walk in and 2 his/her closets flanking the approach to the ensuite, where bathing/dressing area is separate from the water closet. Fully finished lower level is reserved for play-time - a games room, media room, a 4th bedroom and an uncommonly large 4th bathroom. The large yard offers a hot tub area and can accommodate RV parking through the back lane.
Bright, spacious and built Green - by Laebon. This quality finished Bi-Level shows like new. Vaulted ceilings and granite countertops highlight the kitchen/living/dining room, flooded with sunlight through large windows. Hardwood gleams throughout the main floor. A wide sweeping stairway from the front entry opens into the lower level, denying the common feeling of segregating one living space from the other. 2 bedrooms on the main floor. Third bedroom (or office) downstairs. Both main and lower levels offer interesting spaces for the creative home decorator. 4 piece bathroom on each floor. High efficiency furnace, direct vent high efficiency hot water, energy efficient windows, dual flush toilets, low VOC paints throughout. Lower level infloor heat roughed in. Lots of storage. New Home Warranty continues. City permit for a double car garage to July 2010 and may be extended. All information and measurements to be verified by Purchaser.
85 Properties found new owners in Red Deer during the first month of the New Year, remaining consistent with numbers recorded the month before, but 37% higher than sales last January.
Average days to sell for those properties changing hands in January was 57 compared to 68 last year at this time. The median sale price of Red Deer homes this January was $284,500 compared to $265,000 last January, an increase of 7.4%.
MLS real estate activity seasonally increased over December’s new listings. 261 Red Deer homes came to market in January compared to 267 in January 2009 and 119 in December 2009. Many Sellers wanted a jump on what is anticipated to be a better Spring market by listing early.
Anders Park, Inglewood, Lancaster and Vanier Woods were responsible for 22.2% of new listings and 22.4% of sales recorded in Red Deer this January. 58 new homes came to market in our communities bringing total active listings to 100. 19 homes found new owners compared to 13 last January. The median sale price in our areas registered at $300,000 during the first month of the New Year and the average days to sell was 62.
Near the exit but off the beaten path, this Inglewood home offers a starter price with move up features. The open-concept, main floor living area features elegant vaulted ceilings, pillared definition and a grand arched window. Eat in the kitchen dining area or at the cafe-style breakfast bar. From the casual comfort of the back porch, watch sunsets or the antics of children or pets playing in the secure back yard. Lots of space for storage in the garden shed or under the deck. The unfinished basement is ideal for improving equity gain for the do-it-yourselfer. Double car parking pad off the desirable back alley. All information and measurements to be verified by Purchaser.
The graph below depicts market trends as they unfolded from 2006 through to the end of December 2009. Each set of bars represent one month and the dates below refers to quarterly calendar points in each year.
The price fluctuations throughout 2009 don't so much represent value of properties bouncing up and down as it demonstrates the variation of demand different property ranges experienced from month to month. Overall the market finished up and solid in the last half of 2009 compared to the last half of 2008.
Using past data to predict future trends is a fools game but I suspect the graph we see next year will look smoother regardless of how much real estate values change.
Red bars represent the number of sales each month, yellow bars represent listings coming to market during the month, and the purple line represents the median sale price. An equal number of properties sold below and above the median sale price each month.
November’s Red Deer real estate activity demonstrated the same results recorded in neighbouring major markets – sales outpaced listings.
While lower than sales in October (seasonally expected), November sales were 34% higher than results last year for this same month. New listings declined from new listings in October by 5.1% and were 2.0% higher than new listings last year. The city-wide median sale price ($305,000) was 8.9% higher than October for all market segments, and 7.4% higher than the median sale price last November. Average days on market before sale recorded at 47.
In our communities both sales and listings increased over one month ago and over last November reported numbers. Sales increased by 10.7% compared to October results and were 6.9% higher than last November. The median selling price in Anders Park, Inglewood, Lancaster and Vanier Woods was $324,000, 4.5% higher than last year at this same time, but 13.6% below the median reported one month ago. An equal number of properties sold above and below this median price.
The average sq ft of properties changing hands in November was 1302 and sellers realized $261 per sq ft in the single family market segment. Average days before sale numbered 40.
Bright, spacious and built Green - by Laebon. This quality finished Bi-Level shows like new. Vaulted ceilings and granite countertops highlight the kitchen/living/dining room, flooded with sunlight through large windows. Hardwood gleams throughout the main floor. A wide sweeping stairway from the front entry opens into the lower level, denying the common feeling of segregating one living space from the other. 2 bedrooms on the main floor. Third bedroom (or office) downstairs. Both main and lower levels offer interesting spaces for the creative home decorator. 4 piece bathroom on each floor. High efficiency furnace, direct vent high efficiency hot water, energy efficient windows, dual flush toilets, low VOC paints throughout. Lots of storage. New Home Warranty continues. City permit for a double car garage to July 2010 and may be extended. All information and measurements to be verified by Purchaser.
Priced below assessed value. Walking distance to Tim's. Pride of ownership is evident in this and surrounding homes in the mature, well maintained neighbourhood. Giant healthy trees contribute privacy from the street. Back yard provides extended living space on the bi-level deck, overlooking flower and vegetable gardens. Kitchen has been remodelled - open concept , increased floor space and lots of plug ins. Newer windows and doors. Electrical outlets and switches all updated. Bathrooms, furnace and kitchen in basement new in 2005. Fridge, stove, roof shingles new 2007. Dri-core flooring in basement offers comfort, improves air circulation and lends added warmth. Double detached garage is insulated and dry walled. 2 Additional parking spaces or RV parking. Tenant in basement would like to stay. All information and measurements to be verified by buyer.
Nature lover's paradise! Imagination of children and gardeners will be inspired by the very private setting of this unique back yard. Within minutes of bike paths and walking distance to elementary and middle school, 3 parks/playgrounds, downtown boutiques, cafes, and farmer's market. $32,000 in recent interior upgrades and extensive landscaping complement the charming French country flair and meticulous upkeep of this character home. Basement suite completely finished with kitchen, 3 piece bath and one/possibly two bedrooms. Seller offers home inspection, title insurance, and $5000 cash back for future replacement of older furnace and 1999 shingles. A must see.
BRIGHT HALF DUPLEX on a quiet close in Eastview. Clean and newly painted. Large bedrooms each with private entry to covered garden deck. Beautifully landscaped yard including pond. Will blossom under loving hands. Garage has been converted into living space. No condo fees. All information and measurements to be verified by buyer.
A series of appealing combinations punctuate the features of this bungalow in Olds. Up-town convenience - back yard leisure. Up-town location - home town back alley. Up-town open space of living room/dining room/kitchen offset by the private spaces of the 3 bedrooms on the main floor. Media room shares office/work space downstairs, a fourth bedroom, generous storage, laundry area and newly installed bathroom. Walking distance to schools and downtown with the added country feel of a home town back alley. Her garage and his garage/shop with adjacent RV parking. Exceptionally large back yard is fully fenced. Furnace & hot water heater new in 2008. Appliances new in 2007. All information and measurements to be confirmed by Purchaser.
Changes in the Red Deer real estate market in October this year reflected trends recorded in larger centers during the past few months – sales increased while available properties declined.
Overall listings declined by 19.9% compared to listings offered to buyers the month before, while sales increased over those recorded in September by 23.8%. The average numbers of days on market prior to successful sale numbered 48 for those properties changing hands in October. The median sale price for Red Deer homes finding new owners registered at $280,000 this October, 6.6% lower than in September. An equal number of properties sold below and above this market indicator. On average, houses in Red Deer that sold during the month of October offered 1191 sq ft, with the average price broken down as $246 per sq ft. Sellers realized 97.4% of their asking price.
In the acreage market, 11 properties changed hands, 6 of which offered 6 acres or less. 5 properties offered more than 10 acres, with 4 of these considered as possible working farmss. One property offering 77 acres sold for $530,000 while the largest parcel with 138 acres found new owners at $495,000. The median sale price in the acreage market during October was $575,000. Properties that sold for higher prices had large homes with parcels of 2 acres or less.
Near the exit but off the beaten path, this Inglewood home offers a starter price with move up features. The open-concept, main floor living area features elegant vaulted ceilings, pillared definition and a grand arched window. Eat in the kitchen dining area or at the cafe-style breakfast bar. From the casual comfort of the back porch, watch sunsets or the antics of children or pets playing in the secure back yard. Lots of space for storage in the garden shed or under the deck. The unfinished basement is ideal for improving equity gain for the do-it-yourselfer. Double car parking pad off the desirable back alley. All information and measurements to be verified by Purchaser.
Meticulous upkeep and convenience of location for owners and/or quality tenants. French flair touches the charming interior and the magical, back yard setting. Enjoy the comfort of $32,000 in recent upgrades - windows, new paint inside and out, pressure treated wood front and side porch, custom Hunter Douglas blinds. Bathroom and kitchen renos include new flooring. Three bedrooms up. Kitchen, two bedrooms, 3 pc bathroom, and large windows highlight the lower level. Priced to sell. A must see.
Meticulous upkeep and convenience of location will also attract quality tenants. Enjoy the comfort of $32,000 in recent upgrades - windows, new paint inside and out, pressure treated wood front and side porch, custom Hunter Douglas blinds bathroom and kitchen renos, new flooring. French flair touches the charming interior and the magical backyard setting. Three bedrooms up. Two bedrooms, full bathroom and large windows highlight the lower level. Priced to sell. A must see. All measurements and information to be verified by Purchaser.
A bastion of family harmony. Open living spaces for interaction. Quite spaces for private time. Quality radiates. The interactive build of the Great room, where meal preparation, dining and family room activities come together, is the hub of the home. Set apart, the Master quarters overlook the East, South and North yards. A lady's sitting room faces South. On the West, a high efficient laundry room, 3 bathrooms and 4 family bedrooms. Lower level presents a gym, man's den with secure gun closet, insulated theatre room with sound-proof doors, play area for children, and 4 other rooms for organizing your lifestyle, each with window and storage. Family comfort is underscored with 2 high efficiency furnaces, twinned hot water tanks, air conditioning, humidifier, air exchanger, water filtration, in-floor heat, central vac. 1 dbl garage and 1 single - both heated and fully finished. Mud room off double car garage. Wheelchair accessible, all doors 36". Measurements/Info to be verified.
Bright, spacious, 1 bedroom condo in a secure building with intercom. 3rd floor, south facing balcony. In-suite laundry and storage. Great location in a professionally...