Blog - December, 2015

Simple Ways to Reduce Your Monthly Utility Costs

Many homeowners think there’s not much they can do about telephone, heating, water and other utility expenses. Sure, you may grumble about a high heating bill one month, but what can you do about it?  

 Turns out, you can do plenty. There are several ways to reduce monthly utility costs that can save you tens or even hundreds of dollars. For example: 

 • Shop around for a better phone plan. Then contact your phone company. They might match the rates. 

 • Turn down the thermostat on your water heater. You likely don’t need tap water to be that hot. 

 • Clean the screen on your outside air conditioning unit regularly. (Gently with the water hose.) Dirt and leaves can build up on it, reducing the unit’s efficiency. 

 • Leverage the sun. Open…

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Calgary Stats -Dec.2nd 2015

(Based on 30 days back)

Active: 5404

Sold: 1314

Average List Price: $475,311

Average Sale Price: $460,301

Average Days on Market: 46 Days

The absorption rate is at 4.11% meaning Calgary is in a buyers market. 24% of homes on the market today are expected to sell within the next 30 days and sellers are receiving 97% of asking price. 

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Should You “High Ball” Your Listing Price?

One of the most important decisions you make when selling your home is setting the listing price. That can be tricky. After all, if you price your property too low, you leave money on the table — perhaps thousands of dollars. On the other hand, if you price your home too high, many buyers won’t even bother to see it, believing it is too expensive. 

 Even with that reality, there are some sellers who contemplate setting a high listing price in the hopes of a windfall. They want some unsuspecting buyer to fall in love with the home and buy it — even though it’s overpriced.  That rarely, if ever, happens.  Instead, the listing often languishes on the market because its listing price is conspicuously much higher than its market value.  

 Think about it.…

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Airdrie Stats -Dec.2nd 2015

(Based on 30 days back)

Active: 341

Sold: 97

Average List Price: $378,790

Average Sale Price: $371,369

Average Days on Market: 46 Days

The absorption rate is at 3.51% meaning Airdrie is in a balanced market. 28% of homes on the market today are expected to sell within the next 30 days and sellers are receiving 98%of asking price. 

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