Real Estate Blog

Lakefront Bungalow on 0.76 acres, 38X28 Triple Car Garage - $1,300,000

23 Westside Close on Sylvan Lake AB T4S 1S2

A breathtaking bungalow situated on 0.76 acres of lakefront, just 20 minutes west of Red Deer on Sylvan Lake. The land rolls slightly east to provide an exceptional walkout basement. Enjoy fires & endless fun in your beautifully landscaped yard. Need garage space? No problem; triple 38X28’ fully finished attached garage with epoxy flooring & rear bay access to the yard, for the mower & toys.

Head inside to explore what this family home has to offer; 5 bedrooms (3 up), 3 full bathrooms, main floor laundry & an open concept floor plan for entertaining. The large kitchen boasts granite countertops, stainless appliances, corner

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Two Bedroom, Two Bathroom Condo in Bentley - 22X13 Garage - $154,900

Looking for a quiet place to settle in? Check out this great opportunity in Bentley, which is just west of Gull Lake & 15min north of Sylvan! You could own a 2-bedroom, 2-bathroom home with a 13’ X 22’ detached garage in an adult friendly condo (18+).

This is a beautiful corner townhome that faces west, with shovelled walks in the winter & easy access to parking. Enjoy an open kitchen with plenty of room for cooking & a ton of cabinet space for storage. With laundry on the main floor & an oversized master bedroom with two closets; this house is ideal for someone looking to downsize. Well maintained, clean & very tidy throughout. Heated by both a furnace & in-floor

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Investment Property in Red Deer - 32X24 Garage - $269,900

Looking for a starter home or an investment to add to your portfolio? Check out this great opportunity in Bower! You could own a 3-bedroom bungalow with an unfinished basement & a MASSIVE double detached garage, which has overhead radiant heat, 220V power & engineered ceiling hoist points. You’ll be impressed with just over 1060sqft of living space on the main floor, a fully fenced yard with a large storage shed & a 32' X 24' garage big enough to park two large vehicles (9’ doors).

The garage is fully finished with 16” on center framing & fireproof gypsum (for welding). With 3 bedrooms on the main floor, this house is ideal for families with young children. Fresh paint & new light

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Behold, 4882sqft of pure luxury. West facing backyard, with plenty of room for a second oversized garage & RV parking. Stay warm & save money with efficiency - triple pane windows, 12” ICF block foundation, in-floor heating on all levels, plus the garage & an additional 2” of styrofoam insulation under the stucco! Maintenance free vinyl fence & metal shingles. High-end stainless-steel appliances, with ample counter space & cupboards. Main floor office provides a great view of the natural area behind this home. Upstairs you will find a king-sized master suite with a massive walk in closet & a spa-like 7-piece ensuite with an oversized glass shower. Two more bedrooms on the top floor, each with its own 4-piece ensuite, ideal for guests & teenage

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4 Bedroom Home in Sylvan Lake - 26X24 Garage - $299,900

Looking for a starter home or an investment to add to your portfolio? Check out this great opportunity in Lakeview Heights in Sylvan Lake! You could own a 4 bedroom home with a massive double detached garage.

You’ll be impressed with just over 2200sqft of finished living space, a fully fenced yard with RV parking & a 26' X 24' garage big enough to park two vehicles. With 3 bedrooms on the main floor, this house is ideal for families with young children. Fresh paint & new light fixtures throughout. Most of the upper level has been upgraded with new flooring in the bedrooms & both bathrooms have also been extensively upgraded. New blinds in the dining, living & master bedroom.

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5 Bedroom Family Home in Sylvan Lake - $284,900

Looking for a larger home for your family or an investment to add to your portfolio? Check out this great opportunity in Sylvan Lake! Pride of ownership is evident throughout this bright home. You could own a 5 bedroom, 3 bathroom home on a large pie lot, backing onto greenspace for under $285,000.

You’ll be impressed with just over 2100sqft of finished living space, a fully fenced yard with alley access, don’t miss the gravel RV parking & enough room to park two vehicles along the west side of this lot! With 3 bedrooms on the main floor, this house is ideal for families with young children. Master comes with 4 piece ensuite & walk-in closet.

Enjoy brand new, black

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November sales are up slightly from the same time in 2018, posting 13 more sales than November 2018. However, the number of YTD sales in Red Deer overall is lagging by 53 compared with last years YTD at this time. This isn't the best news if you're trying to sell, as more inventory means more competition, likely due to a number of re-listings & homes returning to the market that failed to sell.

Sales & overall buyer activity at the higher price points has been slow, especially over $600,000. Red Deer experienced just two sales in November, both being maturer homes (built in the 70's) & not of new build. We're starting to see a number of buyers scooping up the houses they've been watching throughout the fall. The busiest price range is trending

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Real Property Reports

Real estate transactions almost always require a current Real Property Report (RPR). An RPR is a legal document an Alberta Land Surveyor prepares. It’s basically a high level drawing of the property, the boundaries, and the buildings and structures on it, so buyers know exactly what they’re buying.

An RPR contains:

  • legal description and municipal address of the property
  • date of land title search and date RPR was done
  • Certificate of Title (land title) number and names of registered owner(s)
  • location and description of all buildings and structures (e.g. decks, fences) with dimensions, directions and distances from the property boundaries
  • location and dimensions of any visible encroachments (i.e. buildings or
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What is a Conditionally Sold Listing?

A property with this status means that someone is currently in the process of buying the home. They've written an offer "Conditional" to typically financing, inspections, etc. Upon receiving an offer, a seller has the option to advertise their property as either Conditional or Active. Due to the number of failed mortgage applications, a seller may choose to remain Active on MLS®, with no indication that they are currently pending a sale. However, there is significant value to a seller in marking their property Conditional (when there is no clause) on the MLS® (Multiple Listing Service).

Clauses

Sometimes there are instances that the home may be sold, but the current buyers have a clause where they would need

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October sales are down slightly from the same time in 2018, posting just 6 fewer sales in 2019. However, the number of active listings is up 17.9%. This isn't the best news if you're trying to sell, as more inventory means more competition, likely due to a number of re-listings & homes returning to the market that failed to sell. 

The market differs largely on which price point you're in. Well priced homes that show well are typically selling within 30 days under the $400,000 price point. Sales & overall buyer activity at the higher price points has been slow, especially over $600,000. Red Deer experienced just two sales in October, despite high levels of inventory. We're starting to see a disparity between what buyers want to pay, & what sellers

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