Terry Paranych Real Estate Group Blog - November, 2023

How to Maximize the Sale of Your Home by Asking for Less

Of course, you want to get the highest possible price for your home. As such, you may be inclined to list at the maximum price to receive top dollar. But what if we told you that you could potentially get more out of your home’s sale by asking for less? Here, we’ll explore the concept of asking for less when selling your home and how it can lead to a better outcome for both you and your potential buyers.

The Psychology Behind Asking for Less

When potential buyers see a home listed at a slightly lower price, it creates an immediate sense of value and opportunity. Buyers are more likely to perceive a home as a great deal and act more quickly, resulting in increased interest and/or a potential bidding war. By asking for less, you can create a sense…

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Edmonton Community Spotlight: Carter Crest in Southwest Edmonton

Located in the heart of Southwest Edmonton, Carter Crest is an established community near the scenic Whitemud Creek Ravine. The Greater Riverbend area adopted the Carter Crest Neighbourhood Structure Plan in 1989, with most residential development completed in the 1990s. The community was thoughtfully designed to integrate seamlessly with the surrounding neighbourhoods via quiet side streets, sidewalks and pathways. 

Did you know? Carter Crest was named after Canadian government agent Robert Carter, who advised Americans on their immigration prospects to Canada. Carter lived on a farm (Riverside Farm) in the area now known as Terwillegar Park. In the early 1900s, he moved to the City of Strathcona, where he served on the council for rural affairs.…

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Boost Your Property’s Value By at Least 5% With These Simple Tips

Of course, you want to get the best return on your investment when it comes time put your property on the market. That’s why it’s crucial to make calculated, easy renovations before selling your home if you hope to attract the best buyers and obtain the best sale price possible. In this post, we will explore seven practical tips that can significantly enhance your home’s buyer appeal, while boosting your property’s value by at least 5%.

Enhance Curb Appeal

First impressions matter, especially when it comes to selling your Edmonton home. Investing a little time and effort into enhancing your home’s exterior can go a long way when it comes to increasing its overall worth. Here are a few easy ways to improve your home’s value by improving curb…

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Finding the Perfect Time to Buy a Home in Edmonton: A Comprehensive Guide

Purchasing a home is one of the most significant financial decisions you’ll ever make. While there’s no one-size-fits-all approach to buying a home at the perfect time, there are several factors you’ll want to consider to help you make an informed decision.

Your Financial Circumstances

Buying a home is an exciting milestone, and your finances play a crucial role in determining the right timing for such a large investment.

Savings and Down Payment:

Having sufficient savings for a down payment is essential when purchasing a home. 5% is the minimum down payment required in Canada, with all down payments of less than 20% subject to mortgage insurance. Keep in mind, the more you put down, the lower your monthly mortgage payments and the better…

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