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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Just Listed in Parkdale! 11414 81 ST NW

Experience Classical Charm Meets Modern Luxury in Parkdale, Edmonton

Welcome to an exquisite blend of timeless charm and contemporary luxury in Parkdale, Edmonton. Nestled in the heart of the city, this stunning 2.5 story home is a marvel of design and craftsmanship, marrying the alluring beauty of the past with the comforts and conveniences of the present.

Step into Timeless Elegance

Offering an impressive 1997.14 sqft of above grade level living space, this home invites you in with its distinctive blend of classic and modern elements. As you step through the French and barn doors, the charm of exposed brick creates an ambiance that's both stylish and welcoming.

The main floor greets you with three generously-sized bedrooms, each designed to offer a unique blend of comfort and functionality. The full kitchen, complete with upgraded stainless steel appliances and a magnificent Boshe fridge, is a culinary enthusiast's dream. The main floor also features a full bathroom, a laundry room, and ample storage options. The space feels open and airy, thanks to the grandeur of the 10-foot ceiling heights.

Discover Unlimited Revenue Potential on the Second Level

As you ascend to the second level, you're greeted by another full kitchen, equipped with stainless steel appliances, including a gas range and a new dishwasher. Each room on this level basks in natural light, courtesy of the abundance of new and enlarged windows. Two additional bedrooms, a full bathroom, and an oversized living space provide a haven for relaxation and entertainment. And there's more! The attic has been converted into an additional bedroom or bonus room, perfect for catering to your unique needs.

Superb Upgrades for Seamless Comfort

Every inch of this home has been carefully upgraded to ensure a seamless blend of comfort and convenience. From new floors, fresh paint, new windows, a brand new high-efficiency furnace, to a new hot water tank, the recent improvements are extensive. The home also boasts a new roof, new electrical, new plumbing, new lighting, and new insulation.

Bask in the Beauty of the Outdoor Space

Stepping outside, you're welcomed by a massive west-facing backyard equipped with a double detached garage and carport. This sprawling outdoor space is perfect for basking in the sun, hosting gatherings, or indulging in personal hobbies.

Location: The Perfect Blend of Serenity and Accessibility

Situated on a quiet dead-end street and just steps away from the Stadium LRT station and Edmonton's iconic river valley, this property offers an enviable blend of tranquillity and accessibility. This makes it a perfect investment for savvy buyers looking for rental options beyond the typical basement suite!


Embrace the Best of Both Worlds

This home truly has it all - a harmonious marriage of old-world charm and modern amenities. Don't miss your chance to own a piece of Parkdale's history while enjoying the luxuries of today. Experience the best of both worlds - charm and convenience - in this exceptional home.

MORE INFORMATION on 11414 81 STREET

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Coming Soon: Luxury Living in the Heart of Bearspaw

Are you searching for a luxurious property in one of Edmonton's most prestigious neighborhoods? Look no further than this stunning half duplex located in the heart of Bearspaw, just moments from natural beauty and amenities.

Introducing 1061 109 Street in the Breckenridge Community of Bearspaw.

Grand Entrance and Open Concept Living

From the moment you step through the front entrance, you'll be wowed by the elegant open staircase and soaring ceilings in the living room. Curl up by the cozy wood fireplace and enjoy the abundance of natural light flooding the space. The large kitchen features brand new countertops, convenient island, and spacious eating area—perfect for entertaining friends and family.

Luxurious Master Suite and Additional Bedrooms

The main floor master suite is a true retreat, with a stunning 6pc ensuite, complete with jacuzzi and two person rain shower. On the upper floor you will find an additional bedroom, a loft space/bonus room providing ample room for relaxation or customization to suit your needs. The unfinished basement offers over 1,000 square feet of potential living space.

Outdoor Oasis and Unbeatable Location

Outside, enjoy your private south facing backyard oasis, complete with new composite decking and raised flower boxes.  This home has been meticulously maintained with newer shingles, windows, flooring, and a fresh coat of paint throughout. Located just moments from an off-leash dog park, LRT, shopping, and with quick access to the University of Alberta and Henday, this location can't be beat.

Why Wait? Make This Luxury Home Yours

With condo fees covering water and sewer, this stunning property offers an unparalleled opportunity for luxury living and its Pet Friendly! Schedule a showing today—your dream home awaits!

MORE INFORMATION

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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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Top 10 Renovations to Immediately Increase the Value of your Home

If you are considering selling your home or want to ensure you are getting the highest rate of return on your renovations, we have outlined the best, most cost effective and rewarding renovations you can do to your home.

Best Renovations for Increasing the Value of Your Home 

If you plan to be in your home for the next five to ten years, the most rewarding upgrades you can do to your home would be to increase energy efficiency.  Not only will this protect your wallet in the long run, when you plan to sell your home in the future - these upgrades will last longer and hold their value better then the current trending wallpaper. The ways in which you increase or improve the energy efficiency of your home is:

Maintain or Replace your Furnace

New high-efficiency furnaces use the least amount of energy, but older models can also be made more efficient. Annual servicing by a professional is the first step. That will involve cleaning the parts you can’t see or reach and making sure it isn’t working harder than it has to. For your part, replacing filters every three months.

Replace Windows and Doors

Not only do new windows and doors work miricles for the curb appeal of your home, new windows have a high return rate when you eventually decide to sell. New windows will add big savings to you and your family in the monthly cost of utilities. Getting new ones in preparation for selling can not only add a another entry to the list of the home’s positive aspects, and they can bring in a roughly 73% ROI.

Best Small and Affordable Renovations for Increasing the Value of Your Home

Are you looking to sell soon? Now?  With more homes sitting longer on the market and selling for lower values, the best way to prepare for sale is to appeal to the highest volume of buyers.  Also, you need to stand out over the competiton.  We have outlined the best, and most cost efffective renovations you can make to improve the value, time, and return when you look to sell you home:

Upgrade Lighting

Tastes change quickly, and what was the latest in lighting design five years ago could now look horribly dated. Replacing fixtures modernizes a space for very little money. In rooms like the dining and living room, where a chandelier or pendant light can be quite prominent, consider how a different light fixture could improve the space. Check out the latest lighting trends of 2022 here

Fresh Paint

A fresh coat of paint instantly updates and transforms the entire interior of your home, and when you consider that the average price tag of a gallon of one-coat coverage paint is around $38, that’s about the biggest bang for your buck you can get. Check out the latest paint color trends of 2022 here

Hardware

Just like lighting, hardware styles change quickly.  Give your kitchen and bathrooms a cost effective face lift by painting the cabinets and adding some new and trendy hardware! These simple upgrades require only patience and a screwdriver to accomplish, but the results will be well worth the effort. In fact, you may even find that the hardest part is the shopping, since there are just so many choices out there to put your own stylish stamp on your home. Check out the latest trends in hardware here

Switch Plates and Covers

In most homes, the switch plates and outlet covers are a standard bit of cheap, white plastic. They don't look bad, but they're certainly nothing special. Try paintable covers to match your walls, or go for a natural wood look instead. You can also choose decorative bronze, nickel or brass plates for a luxe look, though you may want to add black switches for a better blend if you choose a dark finish. 

Never forget general house maintenance and how important it is when selling your home

Buyers pay attention to how well a homeowner cares for their property; poor home maintenance can keep buyers from ever committing to a sale, as it may send a message that the home was not well cared for. On the exterior of your property, clean gutters, trimmed lawns, and smart landscaping ups curb appeal and welcomes buyers. For interior maintenance, it is suggested to regularly inspect air filters, floors, walls, and the fireplace to eliminate buildup and replace any home system that isn't working properly.

Making the best home improvements before selling can increase buyer interest and ultimately secure sales. Generally, focus on cheap cosmetic changes that enhance curb appeal and update rooms that attract the most buyers. Keep aesthetics conservative as to not isolate buyers through bold choices. Also, avoid unnecessary structural repairs and any major renovations that would engulf a budget.

Have questions about what you should do to prepare for sale?  Get a free market evaluation by Iconic YEG and we can consult and advise what upgrades or renovations might be worth doing before selling.  

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