The 17 Worst Home Renovations You Can Spend Your Money On Featured Image

While these 17 home upgrades can certainly improve your family’s overall enjoyment of your home, they may lack on ROI when it comes time to sell.

1. Master Suite Additions

According to the experts, an upscale master suite addition (i.e. walk-in closet addition, large shower, dual vanities and soaker tub, etc.) will set you back approximately $282,062. There’s no denying that a master suite retreat can deliver endless value when it comes to homeowner convenience and comfort. Still, with an average ROI of only 51.6%, you’re not likely to recoup your initial costs. 

2. Costly Carpeting 

Since carpeting is a magnet for dust, germs and stains, many buyers prefer lower maintenance forms of flooring. Even so, if you have carpeting in your home,…

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Sell your Edmonton home quickly and for the most money possible with the help of these seven home-selling tips.

1. Determine Your Reason For Selling (then keep it to yourself) 

Your motivation for selling plays a crucial role in determining the overall sales process. Are you in a hurry to sell based on a new job or closing date on another property? This will call for a different approach than if you have more time to prepare before listing.

Once you have determined your reason(s) for selling, be sure to keep them to yourself to avoid giving anything away to interested home buyers. If they know you are on a tight moving timeline, they may be inclined to make a lower offer.

2. Get a Free Home Evaluation 

Simply put, a home…

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Are you thinking of putting your Edmonton home on the market this spring? Sell your home quickly and for the most money possible with our top spring selling tips!

1. Ramp Up Curb Your Appeal 

Make your home stand out to potential buyers by boosting your property’s curb appeal. In addition to regular outdoor maintenance (i.e., mowing the lawn, removing debris, trimming trees and shrubs, weeding flower beds, etc.), we recommend the following:

Improve Your Lawn – Address any bare or patchy spots with seeding and watering.

Pressure Wash Your Home’s Exterior – Siding, sidewalks, driveway, windows, porch/deck, etc.

Clean Your Gutters – Remove any leaves, dirt and debris from gutters, taking care to scrub them both inside and out.

Fix It Up…

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Unlike selling a regular Edmonton home, luxury homes pose some unique challenges. Not only do they appeal to a narrower pool of buyers, but they also tend to be highly specialized when it comes to size, design and décor. As the Edmonton real estate market behaves differently for these high-end properties, everything from pricing  to marketing strategies must be carefully evaluated.

If you’re considering putting your luxury home on the Edmonton market, here are a few must-follow tips:

Work With a REALTOR® Who Understands the Luxury Market 

When selling your luxury home, we recommend partnering with an Edmonton REALTOR® with experience. As luxury homes tend to occupy a niche section of the market, it’s essential to choose an agent who…

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On the surface, selling your own home may seem like a great way to save time, money and stress. After all, For Sale By Owner Homes (FSBO) allow you to cut the commission and list your home on your terms, right?

The truth is, opting to sell your home on your own can and will cost you more than you bargained for. If you’ve been thinking about flying solo when it comes time to put your home on the Edmonton market, here are 11 reasons to reconsider:

1. Some REALTORS® May Not Show a FSBO Home 

Some real estate agents actually go out of their way to avoid FSBO homes – unless specifically requested by the buyer. This is because REALTORS® are more inclined to shy away from transactions without another trained and licensed agent on the other end.…

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While downsizing may be the right choice, it’s not always an easy one. After all, you’ve spent a good many years in your current home, and it can be difficult to leave so many fond memories (and possibly possessions) behind. If that weren’t enough, you must also begin the search for a new home better suited to your lifestyle while attempting to sell your existing property at the same time.

The good news is you don’t have to do it all on your own.

Here are eight reasons to work with a REALTOR® when downsizing your home:

1. They’ll Be Your Rock

A good REALTOR® understands a home is much more than four walls and a roof – and parting ways with something that has played such a significant role in your life to date can be nothing short of…

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While Spring and Summer are generally thought of as “busy season,” for the Edmonton real estate market, fall comes with its own set of advantages. With families returning from their summer vacations, children heading back to school and the holidays still months away, the average Edmonton home buyer has more time to focus on their new home dreams – making fall a great time to sell your home!

Other key reasons to sell your home in the fall:

1. Less Competition Among Home Sellers: A slower market means fewer home sellers and less inventory to compete with.

2. Buyers Are More Motivated: With reduced inventory comes a reduced ability to be choosy/picky over homes currently available on the market.

3. Enhanced Curb Appeal: Fall colours and…

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While there are many ways to improve your home’s asking price, your property’s location often has the most impact on overall value. Here are 14 neighbourhood features that can drastically improve the value of your Edmonton home.

1. Local Schools 

For busy parents, having a school located right in the community is a huge bonus as it prevents them from worrying about bus routes or having to shuttle their children back and forth. Even if you don’t have school-aged children, choosing a home within a reputable school district will increase your home value significantly.

If you’re considering buying a new home, we recommend asking your Edmonton REALTOR® if there are any public schools serving the community. You can also research a local school’s…

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Are you thinking about selling your Edmonton home, or are you simply curious about how much your property is worth under current market conditions? Here are five key reasons to get an expert Edmonton home evaluation.

Property Evaluations Defined 

A home evaluation (sometimes referred to as a market evaluation or property valuation) is the process by which a qualified Edmonton REALTOR® assesses the current market value of your home. Based on several factors (which we discuss in further detail below), the evaluation estimates how much your home is truly worth within a 30–90-day period. In other words, right now.

A home evaluation is different (and generally more accurate) than your home’s “assessed value,” which doesn’t necessarily indicate how…

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Overpricing is the number one reason why homes don’t sell, period. 

That’s why, if you hope to sell your home quickly AND for top dollar, it’s absolutely crucial you price your home correctly from the start. Or, at the very least, be able to identify when you’ve overpriced your home and fix this mistake immediately.

Otherwise, you risk losing buyer interest, sitting on the market, and selling for much less than your home is actually worth.

Could your home be priced too high? Here are seven key ways to tell:

1. You Chose Your REALTOR® Based on (the Highest) Valuation

We understand you want to get the most money possible for the property you’ve known and loved for so many years. And a good REALTOR® knows this.

However, they also…

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