YEG REAL ESTATE RESULTS DECEMBER – FULL YEAR 2022 – JFSELLS.COM


Full 5 year stats package here DEC_2022_CREA-EDMOstats

MLS® HPI Benchmark Price*  Dec ‘22 M/M %  Y/Y % 
(for all-residential sales in GEA1)      
SFD2 benchmark price $423,300 0.0% -0.3%
Apartment benchmark price $176,500 0.7% -3.0%
Townhouse benchmark price $229,000 0.4% -0.6%
Composite7 benchmark price $373,200 -0.1% -0.9%
See the full December report here:  https://realtorsofedmonton.com/Market-Stats 
2022-12_Edmonton_Statistics 2 year summary:

…

70 Views, 0 Comments

Read Full Post

EDMONTON REAL ESTATE 2021 YEAR END RESULTS – JFSELLS.COM

Check out the latest results and 3 year summary of activity for the Greater Edmonton Area – December is up sharply for Single Family Detached in 2022, many feel lower inventory is driving this value increase even in the light of COVID & rising mtg rates! See full details in links enclosed:

DEC_2021_CREA_EDMO_Stats
PORTRAIT_MonthlyStatsBoard_DEC_2021
 2021-12_Edmonton_Statistics



62 Views, 0 Comments

Read Full Post

REAL PROPERTY REPORTS VS TITLE INSURANCE?

Anyone buying or selling a home should understand the role an “RPR” can play in the transaction.

Many times one may need to know how “Title Insurance” differs.

To clearly understand the implications of  the “RPR’s details / Title Insurance” one must consider the individual property, details of the transaction, details of the RPR, all relevant information available, and how it all works together to determine the impact / mitigation of various aspects of risk / reward and therefore: value.

For example: A Current RPR can add value and security in many (most…) cases (dependent on the details)

A Current RPR with Compliance could add more value…

In cases where no RPR exists or there is NON –…

66 Views, 0 Comments

Read Full Post

INVESTMENT PROPERTY ROI, SECONDARY SUITES AND MORE: DIRT GOES UP IN VALUE… BUILDINGS GO DOWN

2024 Update: Drop me a line to learn more about How Edmonton’s New Zoning will effect all of this

Land vs Building Impact on ROI long term Equity  (Pdf download)

When investing in real estate, there are many factors to consider when defining your goals & strategy.

When it comes to rentals, 3 factors that have impact on your mid to long term equity and your short term/Cash flow are: Rent (income); Purchase price plus improvements & maintenance (cost); Appreciating & depreciating assets (equity). The latter’s impact is sometimes underestimated.

The “ballpark” scenarios here intend to illustrate the potential impact of rent value vs equity factors:

…

48 Views, 0 Comments

Read Full Post