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Shopping for the right home is certainly about the home itself, but often for young individuals who are looking to raise a family, it’s about the area too, and one area that is gaining in popularity is Spruce Grove.
Just a short distance from the bustling streets of Edmonton, Spruce Grove has much that young families desire. A well-planned city, Spruce Grove has been dubbed “the Community of Choice.” With 25.5 km of walking trails, one of the premier golf courses in Alberta, and an amazing leisure centre, it isn’t difficult to see why the community is quickly growing.
After all, your child could either play near a crowded city street in Edmonton or he could be in your spacious garden in Spruce Grove.
Perhaps one of the best features about the community, though, involves the homes that are available. Atim Creek Springs is just one area with many available homes designed by some of the best minds in the real estate business. With only excellence, quality, and superiority in mind, every home in this area offers you the chance for unbelievable customization at a price you’ll love. From amenities like Brazilian walnut floors to built-in audio systems, having a home that includes the attributes you want is priceless.
Take a moment to check out just one of these homes at our YouTube channel.
Filed under: Edmonton Real Estate Market, purchasing tips | Leave a Comment
Tags: Atim Creek Springs, Edmonton, Spruce Grove
Considering Spruce Grove
Finding the right home is frequently a difficult task. After all, it’s not just the home you must consider, but the community that surrounds the home as well. As diverse as the Edmonton real estate market is, looking just outside of that market is a great decision for many buyers, and one place lots of families are increasingly turning is Spruce Grove. Initially settled in 1891, it is now one of the fastest growing communities in all of Western Canada. With just under twenty-thousand residents, Spruce Grove the amenities of city life without the hustle and bustle that is so common to urban residents. Just eleven kilometres west of Edmonton, you get proximity without the traditional hassles common to living in the city.
As you begin to search for your Spruce Grove/Parkland County home, one property to consider is this one in Atim Creek Springs. Just outside of Spruce Grove, you’ll get more than 4500 sq. feet with some great features including a custom fireplace, Brazilian walnut floors, a three car garage, and a built-in audio system throughout the home. Three bedrooms, a completely finished basement area, and an amazing kitchen make this a property you must see.
Featured in Best Homes Magazine, this treasure is ideal for both families and empty-nesters. Located on 1.07 acres, you can experience the beauty of nature right in your backyard. With a neighborhood based around quiet family life, this may just be the Spruce Grove/Parkland County home you’ve been searching for.
Filed under: Edmonton Real Estate Market | Leave a Comment
Tags: Atim Springs, Edmonton real estate, Parkland County, Spruce Grove
Edmonton’s market is in excellent shape these days despite high inventories, and that doesn’t mean it is the only place you should consider when looking for real estate investment opportunities. As a smart, savvy business women, you can take your search elsewhere, looking at the neighborhoods around Edmonton to find the best deals. Here are a few things to keep in mind, though, if you plan to invest outside of Edmonton.
Don’t move too far away from where you live. If you live in Edmonton, looking in a surrounding area is fine. However, keep in mind that you’ll have to drive to your investment property often. As a busy mother (and with the high price of gas), if you have to drive more than 20 – 30 minutes to get to the property, you might want to reconsider.
Also keep in mind that the market is important. Not every market is the same as Edmonton’s. If you invest when the market is right, you could make a lot of money, and in Edmonton, that is a distinct possibility. However, just because Edmonton’s market is great for investors right now doesn’t mean the same is true in the next town over. Do your research before you invest.
Staying close to home is still the best idea, so make sure you consider Edmonton investment options before moving to looking at surround towns. No matter what you decide, though, if you do you market research, you should be able to cash in the market with a property that is right for you. Check out this video for more great tips.
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Tags: Edmonton Real Estate Market, investment, Investment properties
Youtube channel.
I thought that I would let everyone know that I now have a Youtube channel as well the blog. Below is one of the videos we’ve uploaded. Watch as we continue to add what I hope will be informative tidbits for you, the general audience interested in Edmonton real estate. In this clip Loida Lumanlan (key part of my support network) and I provide tips for Edmonton real estate sellers or real estate sellers/investors in general.
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Tags: Edmonton real estate, Loida Lumanlan, sellers, youtube
Real estate investing, whether it is in Edmonton or any other part of the world, takes time. As a stay at home mother, how you can you possibly find time for real estate investing when you have to clean the house, drive three kids to three different after-school activities, take care of the baby, and have dinner on the table by 6? Actually, real estate investing is easier than you may think.
First, you don’t have to do this alone. If you’re strapped for time, call your local real estate agency and talk to an agent about your needs. Instead of spending hours looking for information online and in the newspapers, and even longer driving around to see houses, your real estate agent will compile a list of the best houses for you and you can spend a single afternoon seeing them before making a decision.
It is also important to talk to your family about your new real estate investing goals. Both your husband and your kids need to learn to help out around the house as much as possible. That way, you can spend some time doing market research and planning before bed instead of using that block of time to clean up the house.
You should also be vocal about your real estate investing plans to other mothers that run in similar circles. You might be able to create a baby-sitting trade-off system with another mother or two to help both of you find time for things. You’ll be able to get the kids out of the house for a few hours every week in exchange for watching her kids for a few hours every week. The bonus here is that if you kids are the same age, they’ll often play together quietly, giving you even more time to get some work done. No matter how busy you are as a mother, real estate investing is possible!
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Tags: Edmonton real estate, Edmonton Realtor
No Cash? No Problem!
As you probably know, Edmonton’s real estate market is hot right now, but you can’t cash in if you don’t have a good budget. Notice that I didn’t say you need thousands of dollars. Investing without a large down payment is possible, but only if you create a budget to show mortgage lenders that you’re responsible.
First, take a moment to consider what you can afford. Typical mortgage lenders like to see a 20% down payment. In Edmonton, that can get rather expensive, depending on the size of the house and the street. You should provide as much in a down payment as possible, but keep in mind that you don’t want to completely wipe out your savings. Instead, you can consider a low-money-down or no-money-down loan. Both are great options for women just starting in the real estate business.
However, before you apply for either of these types of loan, make sure your finances are in order. Budget so that your debt-to-income ratio is as low as possible. You can do this by reducing what you spend on household items to more quickly pay off other loans you might have. Saving $100 on groceries every month means that you can pay of your car much faster! The less debt you have, the more likely you’ll be approved for a mortgage, even if you don’t have a 20% down payment.
The bottom line? Don’t let your lack of a lump sum get in your way. If you want to invest in Edmonton real estate, there are plenty of ways to do so, even if you’re not a millionaire.
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Tags: Edmonton Real Estate Market
Whether you’re investing in Edmonton or elsewhere, if you’re a mom, getting your kids involved in the real estate investing process is a great idea. Through real estate, kids can learn about work ethic, responsible budgeting, and more. No matter how young or old, children can get involved. Here’s how:
- Ask them to help you make choices. If you’re renovating a house, taking kids shopping for supplies can be a nightmare…unless you let them get involved. I’m not saying that you should paint the house hot pink like your daughter wants or choose the superhero wallpaper border that your son wants, but if you give them a few choices, they can help you make a final decision.
- Teach your kids about budgeting. Real estate investing takes not just time, but also money. Your kids can get involved by helping you create and stick to a family budget. You can even put some of your home’s utilities in your child’s name to help them learn about and build up credit. Take them to financial literacy programs to help improve their skills and knowledge. Companies like Fast Track to Cash Flow Inc. regularly has programs like this.
- Give them a shovel. Curb appeal means a lot when selling a house, and no matter what their age, kids can enjoy working in the yard or garden. Even a toddler can help you dig some holes for potted plants!
When you make real estate investing a family affair, you’re teaching your children to be responsible with their time and money. With older children, you’re also giving them a sense of the business, so they’ll be prepared if they want to get involved with real estate investing in the future.
Filed under: investment tips | 1 Comment
Tags: children, Edmonton real estate, real estate investment
Everyone knows that buying a home is one of the most important moments of your life, but it can also be a bit scary. The amount of money involved when you purchase a home can be staggering, but you shouldn’t let fear stand in the way of making the best investment you can in your future.
Take a moment to assuage your fears when it comes to buying that home of your dreams in the Edmonton area.
It is no secret that the economy here in Alberta is red hot. Recent studies have shown that all of Western Canada has one of the most robust and healthy economies in the world and that has lead to more and more people buying their first homes earlier than they ever thought they could. If you are contemplating buying your first home, sit down with a ReMax agent and feel free to voice any concerns you may have. From getting a mortgage to shopping for the home of your dreams to managing closing costs, a real estate agent can not only answer your questions, but they can be that rock you need to lean on during the whole home buying process.
Things have changed quite a bit over the last few decades when it comes to buying a home. The process today is far more streamlined than it once was, and that’s good news to prospective Edmonton home buyers. It means that you can move from dreaming to purchasing in a very short period of time, and I’d like to help. Take a moment to view some of my first time homebuyer videos, and contact me when you’re ready to find the right home to meet your needs.
Filed under: Edmonton Real Estate Market, purchasing tips | Leave a Comment
Tags: Alberta economy, Edmonton real estate, first time homebuyer, ReMax
My team has spent quite a bit of time working with investors on the right real estate opportunities. From great Edmonton foreclosure opportunities to properties that are priced just right for those looking to make money in the rental market, we understand your needs in the world of real estate investment.
One of the first things you should do before you ever begin looking is create your own list of investment criteria. This will not only ensure you don’t make impulse investment buys, but it will also help us find the right properties to meet your needs.
Start by defining your minimum and maximum investment size. Remember that in many cases, at least initially, some capital will be required on your part to begin. That may affect your maximum investment. In some cases, investments are so small that they aren’t worth the effort you’ll be putting into them, so that should factor into this part of your decision as well.
Once you’ve carefully considered size, you need to think about the kinds of real estate investment deals you might be interested in. If you intend to rent properties to tenants, you may have very different needs than you would if you plan to flip them. Many investors only consider deals in areas where they have some knowledge. In fact, we have worked with people who only purchased properties in Morinville or East Edmonton. Understanding both the kinds of deals and the areas in which you feel comfortable is essential.
Finally, remember to define the criteria that make a good deal for you. Most investors consider at least one of the following – cash flow, principal reduction, tax advantages, or appreciation. Some consider all of those.
Without understanding each of these carefully, bad investments are a guarantee. Once you know what you’re looking for, though, my team is better able to help you get the deals that will pay off financially.
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Tags: bad investments, investment, investment size, Morinville
An often overlooked opportunity, real estate investment in the Edmonton area is a great, low risk method of reaching your financial goals, and the market has never been better.
The Increase of Homes
With just over eleven thousand residential properties in Edmonton waiting for the right buyer, you now have two and a half times more inventory to choose from than buyers did just a year ago. Recent statistics compiled by the Realtor’s Association of Edmonton indicates that between the low interest rates and the high level of inventory, Edmonton is truly a buyer’s market these days, and there’s very little indication that the market will shift again soon.
Obtaining the Skills You Need
If you, like many other women interested in real estate these days, use your lack of investment knowledge as a barrier instead of a stepping stone, take the time to begin keeping track of current events in the real estate market. Enroll in one of the many free online courses available, and begin networking with others in the industry to find the right opportunities to meet your needs. Consider stopping by our YouTube channel for the tips and advice you need to begin.
Edmonton homes represent incredible value in terms of the Canadian real estate market as a whole, and with prices expected to increase nearly four percent by the end of the year, choosing to invest now will only help to increase your profit margin.
Filed under: Edmonton Real Estate Market | Leave a Comment
Tags: canadian real estate, edmonton homes, Edmonton real estate, real estate investment, youtube
