Terry Paranych Real Estate Group Blog - Tips

Easy Decorating Tips Every Homeowner Should Know

These easy home decorating tips will have you channelling your inner interior designer in no time.

Mirrors Make Rooms Look Bigger 

Mirrors reflect light around the room and create an illusion of depth, making even the smallest spaces feel more expansive. By strategically placing mirrors opposite windows or natural light sources, you can instantly brighten up the area and create the illusion of added square footage. 

Don’t Be Too Trendy 

While decorating in the latest style is tempting, it’s wise to avoid going too trendy. Instead, opt for timeless pieces and classic styles that will stand the test of time, ensuring that your home remains appealing for years to come.

Use Something You Love for Inspiration

If you have a painting or…

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Tips For Selling Your Home Fast and For Top Dollar

Get the most out of the sale of your home with these top tips.

Tip 1: Determine Your Reason for Selling 

Your motives to sell play a crucial role in the overall selling process. Not only will they affect pricing, but they’ll also impact the time and money needed to prepare your home for listing, how you vet and negotiate with buyers, and much more. For instance, you need to consider which is more important: the money you walk away with or how long your home sits on the market. If you’re hoping for a quick sale, the amount you get for your home may come secondary. Conversely, if maximizing profit is your goal, the process may be longer.

Keep in mind it’s important not to disclose your motivations to the buyer. Sharing too much information,…

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Real Estate Marketing Myths Every Home Seller Should Know

Real estate marketing is critical to selling your home quickly and for the most money possible. After all, without it, how will buyers be able to find your home? More importantly, without the right marketing, how will the right buyers be able to see your home at the right time to attract the best offers?

Simply put, not all real estate marketing is created equal. And knowing the difference will make you a much more savvy (and profitable) home seller overall. That’s why we’ve compiled this list of real estate marketing myths so you can make strategic, informed decisions when it comes to choosing the best REALTOR® and marketing strategy for your home.

Here are the top real estate marketing myths every home seller should know.

Myth Number…

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How to Avoid Paying Too Much For a Home in Edmonton

Finding the right home is challenging enough, but knowing it’s one of the largest purchases you’ll ever make can be nothing short of overwhelming. The good news is, there are steps you can take to find both your dream home AND save money at the same time. 

Here are our top tips to avoid paying too much for a home in Edmonton:  

Tip 1. Establish Your Wants and Needs

When purchasing a home, buyers must often choose between features they’d like to have vs. features they actually need. For example, should you choose the two-storey home with more than enough space for your growing family, or the quaint bungalow with the backyard perfect for entertaining? Is a chef-inspired kitchen more important than a home office? Is a finished basement a…

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Edmonton Ranked the Most Affordable Major City in Canada

City of Champions, Winter City, Festival City and Oil Capital of Canada are just a few of many distinctions Edmonton has picked up over the years. Recently, Alberta’s capital has earned another title: the most affordable major city in Canada. 

A recent study has revealed despite any ups and downs, the Edmonton real estate market is better than it’s been in years. In reviewing numbers from 2007 (before the real estate crash of the following year), experts have determined homes are only slightly more expensive now (2022) than they were then - with average prices compared at $361,000 and $350,000 respectively.

Though interest rates are also slightly higher than they were in 2007 (in the 6% range), average annual household incomes have leapt from…

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The 17 Worst Home Renovations You Can Spend Your Money On

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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Moving to Edmonton: 10 Things You Should Know

Boasting affordable real estate opportunities and a friendly atmosphere, Alberta’s capital city has a lot to offer newcomers. If you’re considering moving to Edmonton, here are ten awesome things you should know:

1. Canada’s Festival City 

Home to over 50 festivals each year, Edmonton is known as Canada’s festival city. Come rain, snow or shine, Edmonton hosts multiple cultural, food, arts, entertainment and music events, appealing to every age and interest. A few of Edmonton’s many popular festivals include:

• Edmonton International Fringe Theatre Festival
• Edmonton Folk Music Festival
• Taste of Edmonton
• Edmonton Heritage Festival
• Edmonton International Film Festival
• Ice on Whyte
• Silver Skate Festival 
• Etc.

Check…

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The Benefits of Choosing a New Construction Home In Edmonton

Are you trying to decide between a resale (previously owned) home and a new construction home? While both have their merits, the answer will depend on which option best suits your unique needs, wants and lifestyle.

Here are nine benefits to look forward to when purchasing a new construction home in Edmonton.

New Construction Homes Defined 

While “new construction” may sound straightforward enough, brand new builds may be purchased in various stages. In fact, knowing the difference between these new home “types” is crucial to the new home buying process. Here’s what you need to know:

Pre-Sale Homes – Pre-sales are the “ground up” builds. From lot size and orientation to layout and finishes, pre-sale homes allow you to take an active role in…

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Your Guide to Southwest Edmonton Real Estate

Are you in search of homes for sale or other real estate opportunities in Southwest Edmonton? Here’s what you need to know.

About Southwest Edmonton 

Southwest Edmonton is defined by Edmonton city limits to the west and south, the North Saskatchewan River to the north and Gateway Boulevard to the east. A handful of established neighbourhoods located near the University of Alberta (including Windsor Park, Garneau, McKernan, etc.) may also be referred to as Southwest Central but are still encompassed by greater Southwest Edmonton boundaries.

Many of these older neighbourhoods were a part of the former City of Strathcona, which amalgamated with Edmonton in 1912. As such, they represent some of Southwest Edmonton’s most mature communities,…

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#7 Essential Tips for Selling Your Home Fast and For Top Dollar

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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