Myles Blewett

Myles . . . above the Crowd Service!

 Taking advantage of the Market Conditions ... ask me how myles@mylesblewett.com


Here’s the October 2018 Market Report for areas covered by the Realtors Associations of Edmonton (RAE).

According to their most recent press release, year over year residential unit sales, as well as average prices have decreased in the past month.

In a statement by RAE Chair Darcy Torhjelm,

“Some of the market decreases are a result of slower sales coupled with higher inventory and listings, as well, it is also common for both prices and sales to begin to decrease at this time of year due to seasonal market fluctuations. As we move towards the end of the year, we will likely see average days on market grow with inventory remaining higher.”




The following data is a comparison between October 2017 and October 2018 numbers, and is current as of November 2018.



(Image Source: https://realtorsofedmonton.com)


(Image Source: https://realtorsofedmonton.com)


Over 30 yrs experience in this market place... Let me guide your next move:  Myles@MylesBlewett.com

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WOW check out this new property just listed at 137 FERNWOOD CRES in Rural Sturgeon County.
WOW!!! What an incredible Location! Country living only minutes to St Albert or Edmonton. This awesome 2300+ sq.ft. Bungalow Acreage is only minutes to Shopping, Schools, Parks, miles of paved trails and walkways throughout the Sturgeon River Valley, Golf within eyeshot and much more! Boasting 4 large bedrooms, 3 car attached garage, RV Parking Pad, loads of mature trees, enormous deck for your private enjoyment. This beauty has had a lot of Reno's which include a gorgeous Maple Kitchen w/corian counters, stainless steel appliances, maple hardwood, marble & ceramic tiling, all bathrooms completely redone, new triple pane windows, New shingles & more!! Also, county sewer line is on the property ready to be tied in. Come put your personal touches on this incredible home in this prime location and call it your home. Just move in and start enjoying the good life and privacy!
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WOW check out this new property just listed at 13320 120 ST in Edmonton.
Amazing Kensington Location with a Park outside your front door on a quiet and private street. This 4 bedroom 2 bath home is as solid as they come (don't build them like this anymore!). Boasting a clean newly painted feel throughout, laminate flooring, beautiful Oak Kitchen, and feature gas fireplace and much more. This bright and cheery home offers a nice spacious floor plan, and is walking distance to schools and parks and public transportation, with easy access to and from the area making it an ideal location for your next home. Featuring a fabulous backyard and oversized double garage with room for your RV. Just move in!
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WOW check out this new property just listed at 137 Fernwood CRES in Rural Sturgeon County.
Come enjoy Country Living at it's finest, only 3 minutes From St Albert or Edmonton!! Awesome 2300+ sq.ft. Bungalow Acreage only minutes from shopping, Schools, Parks, Paved walking/bike trails, Golf and much more! Boasting 4 huge bedrooms, 3 car attached garage, RV parking pad, mature trees, enormous deck for all your private enjoyment. This beauty has had a lot of RENO's which include a gorgeous Maple Kitchen w/corian counters, stainless steel appl., maple hardwood, marble & ceramic tiling, all bathrooms completely redone, new Triple Pain Windows, New shingles and more!!. Come put your own personal touches on this incredible home in this prime location and call it your home!. Just move in and start enjoying your relaxing summer in this outstanding home, so don't wait or you maybe sorry. Let's put your Acreage Dreams into action today!
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WOW check out this new property just listed at 4665 154 AVE NW in Edmonton.
Truly Amazing 2300+sq.ft. Bi-level on huge Pie Lot! This 5 Bedroom custom built home boast a unique, open & functional floor plan. Cathedral ceilings, a large kitchen with granite counters and glass subway tile backsplash and walking pantry. The formal living & Dining rooms are open to kitchen, as is the family room on the other side of kitchen. The main floor has 2 large bedrooms and a gorgeous 4pc bath, and a flex/computer area. The master suite is located above the garage with 2 closets (one a large walk-in), an ensuite with granite vanity, jetted soaker tub and separate shower. Professionally finished basement has 9ft ceilings, separate outside entrance, 2 huge bedrooms, an incredible full bath, large TV/Rec room with huge wall fireplace, Bar/Semi-kitchen with eating area. Professionally landscaped with multi-tiered deck, 0ver 20 large trees, dozens of shrubs and perennials. This home is completed with custom blinds, central A/C, newer appliances and a huge oversized double attached garage!!
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WOW check out this new property just listed at 15119 84 ST NW in Edmonton.
Absolutely Stunning 5 bedroom in Evansdale! Great location and quiet street in the community. Huge kitchen, big bright new widows, nice open spacious floor plan, 3 full baths, great décor, bright and cheery! Awesome huge basement fully developed with feature family room & corner gas Fireplace, large finished laundry room and cold room, 2 enormous bedrooms and a full bath. You will love the incredible Sun Room that can be used year round and the oversized heated double garage, A/C and much much more!!! Fabulous yard and landscaping to complete this ideal family home.
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WOW check out this new property just listed at 4 NORWOOD CLOSE in St. Albert.
Gorgeous 2 story 4 bedroom home on quiet Northridge Crescent. Large foyer with vaulted ceiling to second level, huge great room w/corner fireplace big bright windows and beautiful hardwood flooring. Amazing kitchen with raised breakfast bar, stainless steel appliances and accents, upgraded modern backsplash, pantry, tons of cupboards, adjacent to bright and cheery large dinning area and access to private deck w/natural gas hookup and fully fenced and landscaped yard. As you move upstairs you will find a private huge Media/Bonus room with lots of natural light and away from bedrooms. Master bedroom is enormous with walking closet, huge ensuite with jetted tub, separate double tiled shower, separate make-up area, it's really very spectacular!! The basement is fully developed with huge Rec-room, bedroom and gorgeous full bathroom. Oversized Double garage, fully landscaped, close to parks, playgrounds, schools and all the amenities make this home prefect for you!!! It's a "10" don't or it may be too late!!!
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WOW check out this new property just listed at 13412 81 ST NW in Edmonton.
Absolutely Gorgeous Home! Awesome location on a quiet street across from small crescent park area. Looking for a property to just move into? Then stop looking!! This home has been renovated from top to bottom and from outside to inside. Boasting a huge maple kitchen with breakfast bar open to huge Living room featuring a feature corner gas Fireplace, gorgeous hardwood and ceramic tile throughout the main floor, upgraded colonial doors and baseboards along with soft corners and much more! All three bathrooms have been completely redone and modernized. Basement is finished with an awesome game and rec room areas with a wet bar. Huge private yard and patio area. Don't over look this one or you will be kicking yourself, it's a real gem!!!
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WOW check out this new property just listed at 137 Fernwood Cr in Rural Sturgeon County.
Awesome Acreage just 3 Km from St Albert! You are only minutes from shopping, Schools, Parks, paved walking trails, Golf and much more! Boasting 4 huge bedrooms, 3 car attached garage, RV parking, Mature trees, enormous deck all for your private enjoyment. This beauty has had a lot of renos which include a gorgeous Maple Kitchen w/corian counters, stainless steel appliances, maple hardwood, marble and ceramic tiling, all bathrooms completely redone, triple pane windows and more! come put your personal touches on this incredible home in this prime location and call it your home! Ready to move into, so don't wait before it is too late!!!
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WOW check out this new property just listed at 5420 7335 SOUTH TERWILLEGAR DR in Edmonton.
TOP FLOOR 2 bedroom in Prestigious South Terwillegar Area. Walking distance to all amenities, bus, shopping, parks. This spacious home features an upgraded fabulous island Kitchen open to comfy great room and top floor balcony. Huge master with walk through closet to 4 piece ensuite. Good size second bedroom or office area next to it's own 4 piece bathroom as well. Insuite laundry and storage and only steps off the elevator making this home ideal for you. Only a couple of minutes off the Henday with easy access to all areas of the city. Don't wait or it may be too late!!
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WOW check out this new property just listed at 206 MARLBOROUGH PL in Edmonton.
WOW Backing onto Park with paved walkway. Rare Location with scenic view. Incredible! Amazing location!!! Exceptional Complex!!! Just move in to this amazing 3 bedroom facing the park with huge private west facing yard to enjoy lots of privacy. Many recent upgrades, furnace, Hot water tank, paint, electrical/fixtures, plumbing, counter tops, carpet and laminate. Nice feature corner wood fireplace to set the mood on those chilly days. Very spacious, with new big bright windows to enjoy looking at tons of green space. Very Close to schools, parks, shopping, transportation, easy access to major roadways and much more. Stop looking and move right in!! Definitely worth looking at!!!
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WOW check out this new property just listed at 137 Fernwood CRES in Rural Sturgeon County.
Amazing Acreage just 3km from St Albert! You are only minutes from Shopping, Schools, Parks, paved walking trails, Golf and much more! Boasting 4 huge bedrooms, 3 car attached garage, RV parking, Mature trees, enormous deck all for your private enjoyment. This beauty has had a lot of renos which include a gorgeous Maple Kitchen w/corian counters, stainless steel appliances, maple hardwood, marble and ceramic tiling, all bathrooms completely redone, triple pane windows and more!! Come put your personal touches on this incredible home in this prime location and call it your home! Ready to move into, so don't wait before it's too late!!!
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WOW check out this new property just listed at 9152 153 ST in Edmonton.
Awesome 3 bedroom home on quiet street, walking distance to schools, parks, shopping center and easy access to public transportation. Very solid home with some newer windows, furnace, HWT and more! Huge private lot with oversized heated double garage, RV parking and great area for garden. Check it out before it's too late!
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WOW check out this new property just listed at 16744 119 ST in Edmonton.
STOP LOOKING!!! Former Show Home, quiet Street!, close to all amenities!! Fully developed 2 storey with 4 bedrooms. Awesome open floor plan w/ large kitchen w/tons of counter space, cabinets & pot drawers, GRANITE Countertops & corner pantry. Huge eating area with a garden door to the fully landscaped yard, partly covered deck, and patio area. The Great Room is very inviting w/gas feature fireplace. Upstairs you will find a laundry room, 3 bedrooms, 4pc. bath + a huge master bedroom w/ luxurious 5pc. ensuite and walk in closet. The basement is developed with a 4th bedroom (w/walk-in closet), 4 pc. bath, huge rec room and lots of storage. The yard has mostly low maintenance landscaping a beautiful deck & patio area, shed and a built-in dog run. Also, boasting a finished OVERSIZED Heated garage with hot and cold water. Other features include CENTRAL A/C, central vacuum, gas line for BBQ & high efficiency HWT(HW on demand) & furnace, extra wide concrete driveway & sidewalks, and 9’ ceilings. Just Move in!!!
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WOW check out this new property just listed at 206 MARLBOROUGH PL in Edmonton.
Wow just move in to this amazing 3 bedroom facing the park with huge private west facing yard to enjoy lots of privacy. Many recent upgrades, furnace, Hot water tank, paint, electrical/fixtures, plumbing, counter tops, carpet and laminate. Nice feature corner wood fireplace to set the mood on those chilly days. Very spacious, with new big bright windows to enjoy looking at tons of green space. Stop looking and move right in!! Don't wait or it may be too late!!!
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WOW check out this new property just listed at 16744 119 ST in Edmonton.
Former Show Home in the newer area of Canossa! Fully developed 2 storey with 4 bedrooms a growing family. Awesome unique open floor plan w/ large kitchen w/tons of counter space, cabinets & pot drawers, GRANITE Countertops & corner pantry. Huge dining area with a garden door to the fully landscaped yard, partly covered deck, and patio area. The Great Room is very inviting w/gas fireplace. Upstairs you will find a laundry room, 3 bedrooms, 4pc. bath + a huge master bedroom w/ luxurious 5pc. ensuite and walk in closet. The basement is developed with a 4th bedroom (w/walk-in closet), 4 pc. bath, rec room and lots of storage. The yard has mostly low maintenance landscaping a beautiful deck & patio area, shed and a built-in dog run. Boasting a finished OVERSIZED Heated garage with hot and cold water. Other features include CENTRAL A/C, central vacuum, gas line for BBQ & high efficiency HWT(HW on demand) & furnace, extra wide concrete driveway & sidewalks, and 9’ ceilings. Don’t wait or it will be too late!!!
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WOW check out this new property just listed at 1537 RUTHERFORD RD in Edmonton.
Amazing Rutherford home in great location only steps from Lake and Parks. This home has Been completely remodeled/redone from top to bottom. You'll love the open (9' ceilings) Great room with new island kitchen with walk-in pantry, over looking private fenced backyard and deck. Two massive bedrooms upstairs both with 4pc baths and walk-in closets. Fully finished basement with gorgeous 3pc bath w/huge tiled shower and plenty of storage. Other features you are going to enjoy are, 2nd floor laundry, upgraded lighting and pot lights, gas outlet for BBQ on deck, A/C, upgraded Colonial Finishing throughout entire home and a large Double Attached Heated Garage!!! All you have to do is move in, it's truly a "10". Don't wait or it will be too late!!!
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Money Making Investments

Updating Back Splash


Making stategic  improvements on your property before selling is the best way to increase value and your final sale price.

 

If your kitchen cabinets are still in good shape and less than 7 years old, then consider updating just the back splash to create a new wow factor that incorporates current finishes.

 

This makes a big difference in the overall first impression of your kitchen, it’s like adding great jewellery to a pretty good dress, it really makes all the difference.

 

Quick kitchen updates also include new handles, faucet and lighting. These don’t impact your bank account too much but do make a big difference.

 

 

 

 

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What is Real and what is Realistic?

 

First, let me try and give you a brief understanding of the system in place (it’s not perfect and it is often very $$high$$).

 

Governed by law for all Municipalities in Alberta, the tax man starts with the Market Value of a Property as of July 1st for the up coming assessment year (the next years assessment). Market Value as determined by your cities, towns, counties etc. as the current value that a property will reasonably sell for at that time and date, taking into account several factors like location, size etc.

 

The Tax Assessors use a few sources of information, however it basically comes down to one thing. SALES at that time (around July 1st of previous year, the most expensive time of the year) within communities and areas. After which they apply this value to a formula(s) based on budgets and needs to basically come up with your property taxes. It is more complicated then that but a huge part of the process is the Assessed Market Value of a Property that determines what you pay.

 

Market value can vary drastically within areas or communities. Why and How?

 

For example: If the larger more expensive properties have sold recently within the area, then those averages are determined and applied to all properties in the area, resulting in perhaps a Market Value that is very high for many of the properties and now higher taxes for them as well.

 

Most Tax Assessors for the municipalities do not have the time or man power to spend a lot of time researching each property to give a real accurate value and it’s all about collecting more tax dollars, right? More is better and if they can play on the emotions of people liking their home values high (who doesn’t like to see that?), then it works for what they need to do and the result is you and I can pay too much.  

 

We all like to see our property values worth more $$$ and it’s very flattering to our egos to see that large number. I have had some of my clients tell me their properties are worth $100,000 more than what they are actually worth, because that is what their assessments had said. One thing is for certain - you want your home to be worth as little as possible in the eyes of the tax man!!!  A Lesser value equals less Taxes!!!  So I ask you, wouldn’t a more realistic number be better?

 

I have seen this for years and have helped my clients save from a few $$Hundred$$ dollars to a few $$Thousand$$ dollars per year!

 

There is a process to right this wrong! Yes it costs you a small fee (just so you don’t waste the Municipalities time of course). You can appeal the process for $50-100. Again, they do not have the time or man power in most cases to fight. So if you are reasonable and have the facts to back up your reduced values, you will likely end up paying less.

 

My suggestion is if you are concerned about paying too much for your property taxes and feel your assessed market value is high then find out from a Realtor what the Real Market Value of your property is worth and use that to appeal your taxes (you have 60 days from the time you receive your assessment to start the process). I’ve personally helped my clients numerous times and they have had excellent results. Please keep in mind not all Tax Assessments are going to be worth fighting for the difference may not be great enough to make it worth while. We can find out very easily just give me a call 780-446-4643 or send me a message myles@mylesblewett.com .

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Copyright 2018 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.