On the Pulse of the Edmonton Real Estate Market

ICONIC YEG

Welcome to the ICONIC YEG Real Estate Blog, where our mission is to demystify the Edmonton real estate market for buyers, sellers, and enthusiasts alike. We aim to provide a gateway to a wealth of insider knowledge, essential market trends, and unbeatable strategies tailored specifically for the Edmonton community.

We hope to not only to inform but also to empower you with the industry's best-kept secrets and proven tactics, helping you make informed decisions in this dynamic market. Whether you're eyeing your first home purchase, planning to sell a property, or simply staying on top of the latest real estate trends, ICONIC YEG is your ultimate guide to navigating Edmonton's real estate landscape.

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NEW LISTING: 1807 9009 85 ST in Edmonton

I have listed a new property at 1807 9009 85 ST in Edmonton. See details here

The Beacon at East Junction is not just a landmark of luxury living but also a testament to the fusion of functionality and elegance. Unit 1805 steps up the game with its carefully chosen aesthetic and efficient use of space. High ceilings and hardwood floors throughout the unit underscore its expansive feel, complemented by a flood of natural light during the day and the city lights at night. The bedroom is a sumptuous retreat, with ample closet space and a serene ambience, ensuring that every moment spent here provides the rest and rejuvenation that a modern city dweller deserves. The bathroom, with its contemporary fixtures and spa-like feel, is meticulously designed to provide a space for relaxation and replenishment. An in-unit washer and dryer add another layer of convenience, making the maintenance of your living space effortless. High-speed internet pre-wiring is the finishing touch in this haven of modernity, ensuring that you are connected whenever you desire, facilitating both entertainment and productivity seamlessly. Unit 1805 is more than a residence; it's the key to a lifestyle of distinction and ease. Experience the art of living where every detail caters to your comfort and every amenity brings the city's luxuries to your doorstep. This is not just your new home; it's your new horizon. Secure your spot at Unit 1805 and elevate your living experience to new heights at The Beacon, where every day feels like a step into the future of urban life.

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Building Homes, Not Just Rentals: Shifting Towards Purposeful Metrics

Introduction

In a nation gripped by low vacancy rates and climbing rents, the real estate market finds itself at a crossroads. High demand meets tight supply, and every available unit is a proverbial gold mine for landlords and investors. But beyond the allure of monthly profits lies a question of community and sustainability: Are we building homes, or are we just fabricating ephemeral rental spaces?

The Temptation of Profits

CTV News reported on January 31, 2024, that Canada's average rent witnessed record growth as the vacancy rate plunged to a startling low. With a national rental vacancy rate reaching a low of 1.5 percent, the lowest since 1988, the tight competition among renters has inadvertently gifted landlords the liberty to increase rental prices. However, this monetary gain highlights a worrying trend—a focus solely on vacancy rates rather than cultivating tenancies' longevity and satisfaction.

The Ultimate Goal: Tenant Satisfaction

It is high time the real estate sector recalibrates its compass from mere vacancy filling to the true north of tenant contentment. After all, what is a home if not a haven infused with a sense of belonging and community? As CMHC’s Rental Market Report indicates, the staggering turnover rate of 28.1% in locations like Edmonton suggests that residents are seeking more than just a roof over their heads—they're on a quest for a place to root their lives purposefully.

Beyond Transitory Success

A rotating door of tenants is no badge of honor; it whispers tales of transience and dissatisfaction. When renters like Jane and Matt not only choose to stay but become advocates for their community, it echoes a success far sweeter than fleeting financial triumphs. Tenant loyalty and recommendations are the linchpins that convert short-term profits into lasting prosperity and turn housing units into vibrant communities.

The Role of Real Estate Visionaries

To my fellow real estate professionals, let us not be swayed solely by immediate gains. It's imperative we expand our vision, placing tenant satisfaction at the forefront of our practices. As thought leaders, it's our responsibility to shape an industry that honors its tenants through building authentic communities, not just strategically engineered profits.

Conclusion

Building homes goes beyond the construction of walls and the installation of fixtures; it's about fostering environments where life thrives. With Canada grappling with affordability and supply shortages, as per CMHC's findings, the impetus is on us to reimagine the narrative of our rental markets. Let's champion a shift that celebrates tenant satisfaction as the ultimate measure of our success.

Now, it's your turn. Let's create a lasting community; your thoughts matter here. Share your vision for enduring rental communities in the comments! #CommunityBuilding #TenantRetention

Are you a developer or property owner that shares our vision?  Check out how Iconic YEG’s Services can help.

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Coming Soon to The Galleria in Oliver, Edmonton

Are you searching for an exceptional home that offers an unparalleled lifestyle in the heart of Edmonton? Look no further than The Galleria, a contemporary two-storey condo located in the desirable Oliver neighborhood. Step inside this rare gem and prepare to be captivated by its unique features and prime location.

As soon as you enter, an abundance of natural light will greet you through the year-round indoor atrium, creating a warm and inviting ambiance. The concrete construction provides peace and quiet, allowing you to escape the noise of the city and unwind in your private sanctuary.

The gourmet kitchen is a chef’s dream come true. With stainless steel appliances and luxurious quartz countertops, this space will inspire your culinary creativity whether you’re preparing a lavish dinner for friends or simply enjoying your morning coffee. The open-concept dining area is ideal for both intimate meals and large gatherings. Its 16-foot ceiling and skylight exude a sense of grandeur, providing the perfect backdrop for hosting memorable events.

The main floor also features a spacious second bedroom that can be used as a home office or gym. The recently renovated bathroom offers convenience and comfort for your guests. Upstairs, discover a loft-style living room with a wood-burning fireplace, the ideal cozy retreat to curl up with a book or watch movies. However, the true highlight is just beyond the living room—a generous west-facing patio with breathtaking views of the city skyline. This space is where cherished memories will be created.

The oversized master suite is a luxurious sanctuary, complete with a walk-in closet and ensuite bathroom. Wake up to soft sunlight from the vaulted skylights and experience tranquility on your interior balcony. Underground parking for two vehicles and a private storage room ensure all your needs are met.

Located in the heart of Oliver, you’ll find yourself steps from Downtown, the University, acclaimed restaurants, public transit, and the River Valley. Embrace the vibrant energy of city living while enjoying the serenity of nature.

Don’t miss this opportunity to own an extraordinary home in The Galleria. Schedule a private viewing today and embark on a life filled with luxury, convenience, and endless possibilities in your urban oasis. Welcome home!

For More Information - CLICK HERE

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Discover the Charm and History of Edmonton’s Parkdale Neighbourhood

Parkdale is a central Edmonton neighbourhood with deep roots in the city’s history. Located just minutes north of downtown, Parkdale was developed in the early 1900s alongside the construction of a local streetcar line, providing direct access to shops and services along 118th Avenue. Today, Parkdale remains an ideal location for those seeking an ultra-affordable home in a historic community.

Did you know that Edmonton gained city status in 1904 with a population of just over 8,000 people? Only a year later, Edmonton became the capital city of Alberta when the province was formed on September 1, 1905. The community of Parkdale was established soon after, with 40% of residences built before World War II and another 30% before 1960. These historic properties offer a glimpse into Edmonton’s architectural past, with many heritage homes restored to include modern amenities.

In addition to its historic homes, Parkdale offers a mix of housing options at affordable price points. Detached infill homes and half-duplexes are ideal for first-time buyers, while low and high-rise apartments start at just $65,000 for a one-bedroom unit.

VIEW ALL HOMES FOR SALE

With downtown Edmonton only minutes away, Parkdale residents can enjoy amenities like the shops and eateries of Jasper Avenue, Rogers Place, the Edmonton City Centre mall, and the Downtown Business District. Bordering 118th Ave also provides amenities within walking distance, including grocers, medical services, and banking.

Other nearby attractions include the Royal Alberta Museum, Art Gallery of Alberta, Citadel Theatre, and Edmonton Convention Centre. The community is also home to many parks, including the large Giovanni Caboto Park.

The Parkdale Community League was established in 1922 to promote community engagement and “sane and true” patriotism through social and recreational events. The league originally organized activities like tennis matches, dances, variety shows, and hockey games. Though the league declined during World War II, it was re-established in 1956 to fundraise for a new rink complex. A community centre was built in 1981 through an $830,000 community services grant, offering space for community events and programming.

In 1986, Parkdale amalgamated with the neighbouring Cromdale community. Together, Parkdale-Cromdale Community League represents the interests of both communities and provides resources for residents.

Welcome to Parkdale, an Edmonton community with deep historical roots and a variety of amenities for residents. Explore the neighbourhood to discover its historic homes, green spaces, recreational facilities, schools, and local businesses. Parkdale's friendly and welcoming atmosphere, affordability, and proximity to downtown make it an ideal place to call home.

View More About the Iconic Parkdale Community Here

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Edmonton Real Estate: How to Avoid Being Among the 35% of Unsold Homes.

As we approach the end of the year, I'd like to share some interesting statistics and insights that will help you navigate the Edmonton real estate market in 2024. According to the current data, over 35% of homes that came to the market in 2023 did not sell. Surprising, isn't it? But fear not, we have solutions! The Iconic Real Estate Team wants to ensure you're not among that statistic. The Edmonton real estate market forecast for 2024 is quite promising; however as a potential seller, it's crucial to understand how to avoid falling into the category of unsold homes.

Here at Iconic YEG, we have compiled important tips to help you navigate the 2024 Edmonton Real Estate market successfully.

Understanding the Importance of Timing

Did you know that May was the month with the most homes sold in 2023? This fact highlights the need for a strategic selling plan before the end of January. Most homeowners often wait until spring to consider selling, but in reality, plenty of buyers are out shopping during the colder months and there is less competition on the market.

GET A FREE HOME EVALUATION AND COMPLEMENTARY STRATEGIC PLAN NOW

Emphasizing Strategy

Edmonton, Alberta, is set to become a national destination for migration due to its strong economy. With an expected increase in housing demand, it's crucial to have a strategy to attract out-of-province buyers. Iconic YEG provides all our sellers with custom strategies relating to Buyer Demographics, Marketing Impact Initiatives, and more. What makes your home standout and how do you get that message to a high volume of buyers?  We have a plan for you, contact us to get started.

Preparation: The Key to Successful Selling

Proper preparation can significantly enhance your home's appeal. Iconic YEG guides you through each step of the preparation process, ensuring your home is primed for the market.  Click here for more tips on preparing your home for sale.

The Value of Marketing with the Right Realtor

At ICONIC YEG, we understand the importance of marketing your home effectively. We invest heavily in top Real Estate photographers, stagers, and more to ensure maximum traffic on your listing, both on the internet and local community fronts.

Understanding Pricing and Competition

Pricing your home correctly is often the make-or-break moment of the selling process. We use up-to-date data and in-depth knowledge of the Edmonton market to ensure your property is priced accurately. This way, you can confidently negotiate with buyers and get the price you deserve.

About ICONIC YEG

Iconic YEG isn't your average real estate team. We're a collective of professionals who share the same values and are driven by a common purpose - to enhance the expectations of the clients we serve. We're not salespeople; we're professionals who strive to learn more each day, so we can help our clients make informed and favorable real estate decisions.

Our Services

Whether you're looking to buy or sell, need assistance with new developments or rental services, our team of experts is here to help. We ensure a personalized, dedicated service ensuring your real estate journey is successful

Let's Move Forward Together

If you are considering selling your home in 2024, your home selling journey starts here. Let's make it a successful one. Book a consultation with ICONIC YEG before the end of January and get started on your successful home selling journey.

SCHEDULE NOW

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Edmonton Real Estate Market Report: 2023 Recap & 2024 Outlook

As we round out the year, real estate enthusiasts are keen to review the year that was and forecast what 2024 may bring for the Edmonton real estate market. From population increases to interest rate changes and property prices, let's delve into the details and explore the likely trends for the coming year.

Highlights of the 2023 Edmonton Real Estate Market

Despite the global uncertainties, Edmonton's real estate market experienced significant developments in 2023. Key highlights include a 3.5% increase in Edmonton’s population, with more than 45,000 people migrating to Alberta within a three-month period alone. The Bank of Canada interest rates rose 75 basis points in 2023 to 5.0%, impacting mortgage affordability.

In terms of property prices, the average selling price for a single-detached home was $479,000, for a semi-detached home $362,000, for a townhouse $271,000, and for a condo $172,000*. (*Average as of November 2023 for the Greater Edmonton Area.)

The market for single-family homes priced under $500,000 remained hot, and this trend is expected to continue into 2024 due to high demand and limited supply.

Edmonton Real Estate Forecast for 2024

As we look ahead, we foresee some key trends that will shape the Edmonton real estate market in 2024:

Interest Rate Cut Expected

Experts predict a slight cut in interest rates in 2024 by the Bank of Canada. However, the impact won’t be too dramatic even in Edmonton, which continues to be one of the most affordable markets in Canada.

Continued Migration to Alberta

The strong Alberta economy is expected to continue attracting newcomers, driving population increases, and hence housing demand, particularly in more affordable Edmonton compared to Calgary.

First-Time Buyers and Investors Still Driving Market

First-time buyers and investors are expected to continue to dominate the market, particularly for condos, semi-detached homes, and single-family homes in the under-$500,000 range. This could potentially shift the Edmonton market to a seller’s market during the peak sales months of 2024.

Residential Prices Expected to Increase

While the average Edmonton sale price decreased by 4.3% from 2022 to 2023, an increase of about 4% is predicted for 2024. Home sales transactions, on the other hand, are expected to decrease by about 5% in 2024.

2024 Outlook: A Favourable Forecast for Edmonton

The Edmonton real estate market forecast for 2024 is quite promising. A robust provincial economy, continued population growth, and a possible interest rate cut by the Bank of Canada will all contribute to a stable property market.

Edmonton’s affordable property market has attracted a wave of inter-provincial migration, with approximately 40,000 new residents in 2022 alone. This trend is expected to continue into 2024, bolstering demand, particularly for homes under $500,000.

However, affordability concerns due to high mortgage rates may continue to impact the market, particularly in the $600,000+ range, limiting the buying power of move-up buyers.

With all these factors at play, the next six to nine months may present a unique window of opportunity for potential buyers, particularly those from outside the province, to secure affordable properties in Edmonton. The city's affordability, in comparison to other major Canadian markets such as Toronto, makes it an attractive investment opportunity that may not last much longer.

As we look to 2024, we’re excited to see what the Edmonton real estate market will bring. Whether you're a first-time buyer, an investor, or a homeowner looking to sell, it's vital to stay informed about these market trends to make the best possible decisions. After all, as we always say, those who refuse to settle for the ordinary deserve the best.

Want to know more and discuss your 2024 strategies?  Contact us today

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RE/MAX the Legendary Brand

Dave Liniger's, the found of the RE/MAX brand had a bold vision for the real estate industry and it was nothing short of groundbreaking. He aimed to provide experienced agents with more control over their businesses, along with increased commission rates. And what started as an idea on paper quickly revolutionized the industry through maximum-commission models and powerful marketing tools. With this new approach, agents no longer had to settle for traditional commission splits and instead could pool resources to cover office expenses. Liniger's innovative plan ultimately changed the course of history, forever altering the landscape of the real estate world.

From its humble beginnings in 1973, the RE/MAX real estate network has seen consistently rising success. With each decade came new milestones: globalization with expansions into Canada and other markets; agent count growth that pushed it past 5,000 agents in 1984 and beyond 25,000 before 1990 was out; then finally to over 50k by 1998! This allowed them to reach their market peak of 1 million transaction sides sold annually- a first for any brand involved in global real estate - earning the mantra "Nobody can sell more!"

In the 1990s, RE/MAX experienced international expansion on a massive scale with franchises launching across Europe and South Africa. Additionally, they introduced groundbreaking initiatives such as their Satellite Network - enabling agents to access unparalleled industry training - and made charitable commitments through support of Children's Miracle Network charities. These milestones have since evolved into quintessential cornerstones that account for much of the brand's ongoing success today.

While RE/MAX experienced rapid international growth in the early 2000s, they were forced to respond quickly when a global financial meltdown struck years later. Dave Liniger and his team worked hard to address housing challenges by advocating for easier short-selling processes and providing education opportunities so agents could help families facing foreclosure. Thanks to these efforts, RE/MAX now boasts an extensive network of knowledgeable real estate professionals around the world prepared with the skills needed during difficult times.

RE/MAX is a trailblazing name in the global real estate landscape, boasting over 140,000 agents across 110 countries and territories. As part of its mission to lead cutting-edge innovation and technology solutions for buyers around the world, it launched remax.com allowing users to search listings through their own language or currency as well as introduce other platforms like MyRU eLearning and RE/MAX Commercial websites that are always ahead of industry trends. Having celebrated 40 years since inception back in 2013 - when REMAX Holdings Inc also became publicly traded on NYSE's RMAX stock exchange - this powerhouse network shows no signs of slowing down anytime soon!

It's no wonder RE/MAX is one of the most powerful brands in the real-estate market. Their commitment to customer satisfaction and their ever-growing global presence makes it a great choice for those looking to buy or sell their next Edmonton home. With valuable resources designed to provide both agents and sellers with knowledge on finding the right selection or listing process, RE/MAX is the trusted partner when it comes to house hunting. It gives agents access to powerful tools that will help them track a property’s progress and buyers easy access to detailed data about each property they’re interested in.

Whether you're thinking of buying or selling, Iconic YEG, powered by RE/MAX is your best option for an Edmonton Real Estate Partner. Due to their expertise and unsurpassed commitment, you can count on them to deliver great results for your home buying or selling journey.

Contact us for more information how we leverage RE/MAX's technology, resources and seasoned team of local professionals : caitlin@iconicyeg.com

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Canadian Real Estate Landscape in the Modern Day

In recent years, Canada's cities have undergone dramatic changes which are both visible and invisible. From sky-high condominiums to expansive apartments, modern housing trends demonstrate a stark departure from the single family dwellings of yesteryear. Behind this shift lies an intricate network of influences – affordability issues arising due to rising prices for homes and land shortages combined with demographic transformations reflecting increasing immigration rates, shifting household sizes, aging populations – all coming together in the form of multi-family living solutions so popular today.

The Canadian real estate market has been drastically altered by several factors, particularly the pandemic. Before COVID-19 impacted lives around the globe, major urban centers were seeing an increased demand for multi-unit family homes - a trend expected to continue in coming years. But as lockdowns became more severe and remote work took root, many started leaving cities to seek refuge elsewhere. Alongside this shift is technology’s evolving role in transactions that are becoming increasingly reliant on housing investment; all of which have greatly shaped Canada’s present real estate landscape with surprising impact from its past experiences still influencing it today.

From humble beginnings well over a century ago, the real estate market in Canada has undergone remarkable transformations--from single-family suburban homes dominating new construction during the 1950s to apartments and multi-families dwellings becoming popular with immigrants jumping on board in the 1960s. In subsequent decades changes kept coming - from shifting back towards singles by 70’s/80's when consumer affluence rose, right up until today where we see everything that comes with 21st Century technology revolutionizing how Canadians buy or sell their home. The ever changing tides of history truly have shaped what is now one of this country’s most important industries for its citizens' wellbeing!

Over the last decade, Canadian residential real estate has seen a remarkable surge in both value and investment since its market boom. In Q4 of 2020 alone, residential investments reached an unprecedented 9.27%, up from just 9.02% during the previous quarter - totalling to over $200 billion! The impact technology is having on this industry cannot be understated either; with more data now available than ever before at one's fingertips, buyers are able to make smarter decisions when putting in offers for properties due enhanced transparency into what constitutes as fair pricing and details about listings across Canada-wide markets that were previously unavailable or unknown aspects regarding buying/selling property altogether! As we look further ahead towards continued developments such as cloud infrastructure offering smart technologies via advanced property intelligence solutions centered around maximum security protocols become increasingly embedded within our real estate experiences nationwide too – no doubt pushing us forward into exciting new heights of opportunities heretofore unseen until now.

Where do you think we are headed as a country?

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The Evolution of Real Estate

For millennia, humans lived as nomadic hunter-gatherers before gradually transitioning to an agrarian lifestyle. This shift occurred between 30,000 BC and 15,000 BC with some regions still retaining a hunter-gatherer society even today. With the new way of life came the concept of owning property.

As civilizations progressed, those who were able to defend the land claimed it and eventually a tribal system emerged. Great leaders rose up among their tribes - settling disputes, distributing lands and collecting taxes from all of its subjects. There was an increase in productivity with advancements like irrigation channels dug for crops, strongholds built for protection and temples erected as places of worship. In turn this caused fertility rates to skyrocket! Suddenly families that could only support one or two children now had enough food produced via farming practices to raise several kids - providing not just greater numbers but valuable labor power too.

With the advent of farming, humans moved away from a nomadic hunter-gatherer lifestyle. Imbued with newfound abundance, these settlements could sustain more inhabitants than before and soon evolved into cities. To ensure their safety in growing numbers they paid homage to a sovereign lord or king—the first system of rent was born! But it didn't stop there; over time dynasties were established via lineage rights by those who had once claimed ownership through brute strength alone.

For centuries, the harsh system of labor-for-protection dominated many countries. Royal families held their power by demanding rent from peasants living upon lands that they had signed away to friends and allies. They also collected taxes in order for citizens to meet other demands such as military service or risk being overthrown with force. While this brought hardship on those lower down the social ladder, a newfound sense of wealth began circulating among kingdoms which allowed merchants and tradesmen skilled outside farming to become wealthier than ever before – leading them even further up society's ranks all while paying back landlords through rents just like everyone else would have been required too.

Over time, the privileged aristocracy was overthrown by systems that favored those with skill and talent. The result? Land which once belonged to aristocrats was divided up and sold on a free market— largely controlled by former nobles or wealthy merchants. Meanwhile, peasants were left behind in their state of poverty; it seemed little had changed for them since the days of primitive farming tribes thousands of years earlier.

The Industrial Revolution was a major turning point in history, liberating many people from the bonds of manual labor and allowing them to branch out into new professional opportunities. For some this opened up economic paths previously inaccessible, while for others skills which had kept their families afloat for generations now meant nothing more than poverty and dependence on hazardous jobs like coal mining. Nevertheless society advanced further as even those born at its bottom had access to goods they never imagined before - homes included! Through mortgage loans suddenly it became possible (though risky) to turn these dreams of tangible wealth into reality, offering hope that one's children would not need to suffer worse conditions than themselves; 30 millennia after the concept first arose we all reap the benefits today – though too much debt can still be our downfall.

Owning a house has been an integral part of the North American Dream since settlers first came to this land in search of opportunity. Agrarian societies viewed home ownership as advantageous, and policies enacted after times of conflict made it possible for people like veterans returning from war to settle into society with their own property. The real estate industry began taking shape at the start of the 20th century when organizations dedicated solely to matters regarding buying and selling homes were established; its evolution led investors towards increasingly profitable opportunities such as investment properties, flipping houses, and online sales. Land rights have always been held sacred by human civilizations across history - but once agrarianism became popular many ruling classes saw housing investments grow astronomically due not only economic benefits but also political power that could be gained through owning land or other forms thereof (e.g.: farms). By 1960 regulations had already begun developing around rental profits generated via real-estate trusts which spurred on more ambitious ventures over ensuing decades culminating in private citizens investing heavily into these types of financial products during one of America's most infamous recessions: namely the 1980s.

Property ownership has been fundamental to the progress of human civilization. Once only available through strength or royalty, it is now something that can be bought, sold and rented. As humans have gained more control over their homes and land they occupy, this has revolutionized our lives in unimaginable ways - from tribal chieftains demanding tributes for protection to landlords collecting rent payments for ongoing tenancy rights. Truly a monumental shift!

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Preparation: The Art of Selling you Home

Selling your home can be both exciting and stressful. It is important to make sure that your home is in prime condition before you put it on the market. To make your home attractive to potential buyers, take some time to prepare it properly so that its value is maximized. Here are a few tips on how to get your house ready for sale:

  1. Make Necessary Repairs: Take care of any repairs or maintenance tasks that need to be done, such as fixing a broken window or patching up holes in the wall. This will help show buyers that they won’t have to do any major work when they move into the house.
  2. Clean and Declutter: A clean and clutter-free house will appear more inviting and spacious to potential buyers. Vacuum, mop floors, scrub bathrooms, dust surfaces, and organize closets so each room looks its best. Get rid of furniture and items you don't need anymore or consider renting a storage unit for those items until after your home is sold.
  3. Freshen Up Interiors: Give the walls a fresh coat of paint, replacing worn carpets with new ones if necessary and replacing outdated fixtures with modern ones--all of which can give the impression that everything in the home is still new and updated. When selecting colors for painting walls, choose neutral shades such as white or light gray so that buyers can better visualize themselves living in the space.
  4. Enhance Curb Appeal: The exterior of your home should look just as appealing as the inside if you want it to sell quickly! Paint railings and door frames if necessary; power wash siding; trim trees; edge lawns; and add colorful plants or flowers near entryways. Don’t forget about lighting either–make sure there are adequate lights around walkways, porches, garages, etc., so people feel safe coming at night to view your property.
  5. Consider Hiring a Professional Home Inspector: Before potential buyers come over, hire an experienced local inspector who can examine all aspects of the house from plumbing issues to heating systems ensuring there are no underlying issues with the property that could affect its value during negotiations later on down the line.

Last but not least, contact us at Iconic YEG - we can guide you through each step and what to do to prepare your home for sale and get the best returns. By taking these steps to prepare your home for sale ahead of time will save you time (and money!) throughout the process by maximizing how much interest buyers have in your property from start through close - resulting in potentially higher offers from more qualified buyers who are actually interested in moving forward with buying it!

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