Owen McCarthy

Cell 780-266-6936 | owenmccarthy@me.com

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With the spring market kicking into full gear, April can be a busy month for new listings. When you do decide to put your home on the market there are many things that you can do at a lower cost to prepare your home before it becomes listed.

Here are a few tips to stage your home for potential buyers:


Depersonalize

Taking out personal possessions allows people to view the home better as if they were living in it themselves. Although these items may make your house a home, they can be viewed differently by outsiders. Remove all personal photos, artwork, collections, and items to depersonalize as much as possible and free up space to open it up for viewers. 


Let The Light Shine In

Light your home up as much as possible. Have sunlight shine through and ensure all windows are open. White or sheer window coverings will also allow more sunlight to come through at all times. If you have dark rooms with no windows try adding a spotlight and extra ceiling lighting to brighten up the room.

Minimalize

Minimizing the amount of furniture and clutter will make your home appear cleaner and larger. Smaller furniture and a few simple accent pieces will free up space, rather than larger dated furniture and clutter. For example, a pedestal sink in a bathroom can open up a bathroom and show off more floor space.


Neutral Master Bedroom

The master bedroom is typically the sanctuary for many homeowners and it should fit for both genders. Try to keep it simple and use gender neutral colours and decor in the bedroom with the bed as the focal point.

Curb Appeal

Lastly, it is important not to forget about the touches to the outside of your home. Your curb appeal is the first glimpse to your home and by touching up your home on the outside you can create a positive first impression for potential buyers. Mowing your lawn, weeding flower beds, pressuring washing the home, and touching up paint really doesn’t cost much and shows pride in your home ownership. If potential buyers see that they outside of the home has not been neglected they are much more likely to assume that the same has occurred on the inside.


These low cost changes to your home can make a large difference to the look and feel. By ensuring that your home appeals to potential buyers and proves that it has been taken care of properly you will likely get the asking price that you are looking for. Make your home a selling feature today!  If you have any questions about listing your home, contact me today at 780-266-OWEN (6936)


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real estate and living in beaumont alberta, leduc county alberta

 

Are you looking for a sense of community and small town feel, with the convenience of city amenities just a short drive away? Beaumont, AB is located in the County of Leduc just over 3km south of Edmonton and 6km north of Leduc, Alberta. It is one of the fastest growing cities in the country. In 2012 it was named one of the fastest growing cities in Canada, and according to the 2016 Census the poplation of the town actually grew by 31 percent from the last Census in 2011 to 17,396 residents.  The deeply French rooted town once started as a farming community and is now a steadily growing community. The clean, vibrant, and growing town has many great features to offer. 

 

 

Here is a little more about the town of Beaumont:  



Average Home Prices in Beaumont

According to the Canadian Real Estate Wealth Magazine the median detatched single family home price is $481,950 and the median apartment or attached price is $329,000. It is ranked number 230th in neighbourhoods across Canada, making it one of the top 10 areas open to investors. 

Amenities In Beaumont

 

Ken Nichol Recreation Centre

 

The recreation centre includes two full size hockey rinks, curling complex, program rooms, and more. This is also where the Beaumont Childcare Centre is located. 

 

Parks

 

Not only does the town have an extensive trail system for walking and biking there are a vast amount of parks in town if you are looking for a place to take the family, have a family gathering, or enjoy some sports Beaumont has it all. There are 10 baseball diamonds and 14 soccer fields in Beaumont. There is also one large spray park and many more playgrounds throughout town. 

 

Skating rinks

 

Beaumont has 7 outdoor skating rinks for residents. The Bellevue Rink and Beau Meadow Rink have boards for hockey as well. 

 

SkatePark

 

Located in the center of town is the Beaumont and District Lions Skatepark. 

 

Aquafit

The Aquafit centre is a multi-use recreational facility equipped with an aquatic centre,  fitness centre, and spin studio. 

They also offer registered programs, child minding, and event space rentals.

 

activities and amenities in beaumont alberta leduc county

 

Libray

 

The Beaumont Library is a member of Yellowhead Regional Library. All residents of Beaumont and Leduc Country have access to the library services. 


Beaumont Community Centre


The 30,000 square foot facility offers a capacity of up to 500 guests and is a perfect location for larget events and banquets, or if you are looking to rent a multi-purpose room. 


 amenities in beaumont alberta leduc county

 

Of course you can't miss the St. Vital Roman Catholic Church at the top of the hill. It brings a character and historic feel to the center of this charming town. You can learn more about Beaumont by visiting their website

 

If you have any questions in regards to listings in the area or how you can make Beaumont, Alberta your home contact me today. 

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cmhc fees increase edmonton, alberta  

 

Just a reminder that the CMHC is rolling out new fees starting this Friday March 17, 2017 The Canadian Mortgage and Housing Corporation will start charging higher premiums in order to insure their mortgages.

 

Currently buyers who choose to buy a home with less than 20% of a down payment are required to pay a mortgage default insurance. This insures the lender in the case that the borrower defaults on their loan. The premium is based on the size of the loan and the amount of the down payment.

 

This is the first change CMHC has implemented since 2015, when they increased the size of the required down payment on homes over $500,000.  The new premium will not effect existing loans or those who have an application approved before March 17, so any new mortgage applications after Friday will take the new increased rate. According to CMHC the new rate will be based on the loan to value ratio of the mortgage.


So what does this mean for you as a homeowner? Here is what you can expect:

 

Example 1

 

A $250,000 mortgage will  see an increase of approximately $4.70 a month with a minimum 5% down payment

 

Example 2

 

A $350,000 mortgage will see an increase of approximately $6.59 a month with a minimum 5% down payment

 

Example 3

 

A $850,000 mortgage will see an increase of approximately $40 a month with a 15% down payment

 

If you have any questions regarding these new rates or would like to get more information please don't hesitate to contact me at 780-266-6936. I make myself available at all times.

 

-Owen McCarthy

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March 7, 2017


Last week the numbers came in from the Realtors Association of Edmonton for the latest Real Estate Statistics for February, 2017. 


Here is a recap of the last month:


  • Single family homes saw an increase in average price from January and also from this time last year.

  • Both condo and duplexes saw a decrease in average price from last month, as well as last February. 

  • Inventory of new listings has decreased from last year of February 2016, and increased over the last month from January 2017.

  • The average days on market for all residential types has increased from this time in 2016.


The most expensive condo in Edmonton sold for over half a million dollars last month; although it looks like the majority of condo sales were under $250,000. There is also an increased demand for semi-attached homes, such as townhomes and duplexes in the Edmonton area.  


As we move towards spring are you thinking of selling? With the decrease in inventory this would be a great time to get your home on the market and for a competitive price before the "rush".  Contact me if you have any questions or want to learn more. I make myself available at all times.


 


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