A property’s physical structure tends to depreciate over time, while the land it sits on typically appreciates in value.
Top Things that Determine a Home’s Value
The degree of depreciation and/or physical obsolescence varies from one property to another, but if left alone, properties continue to depreciate until they no longer add any value to the land. Some owners even raze physical structures to maximize the value of their parcels.
New home starts in the Edmonton census metropolitan area (CMA) in July were two-thirds higher than in June, on the heels of a strong showing in the apartment sector.
New apartment starts carry Edmonton new homes market
“In Edmonton, even though starts trended higher in July 2020 compared to the previous month mainly due to increase in apartment units as the demand for apartment rental units increased, it was still 31 per cent lower compared to July 2019,” says Christian Arkilley, senior analyst, economics, wit…
You may want to reconsider this upgrade!
The Property Brothers Reveal One Upgrade That Can Sabotage a Home’s Value
Drew and Jonathan Scott have dealt with picky clients, but on the latest episode of HGTV's “Property Brothers: Forever Home” they meet a couple who toured 50—yes, 50—homes before they found one they deemed worthy to buy. Nonetheless, they think it still needs work!
It’s no surprise homeowners are looking to do-it-yourself ideas to fill their time—and hopefully add value and appeal to their home.
Technology — be it connected homes, solar panels or charging stations for EV vehicles — is a dominant theme for the city’s real estate market this year.
What does your front door say about you?
Five simple DIY weekend projects that can improve your home’s curb appeal
Sometimes houses come with a little extra.
5 of the Weirdest Things People Have Tried to Sell With Their Homes
From BDSM rooms to snow machines, there have been some epically wacky things that sellers have tried to get off their hands—even, in some cases, the family dog. (That's ruff!)
With the largest price drop in Canada, Edmonton seems like a good bet to buy a new home.
New homes in Edmonton see largest price drop in Canada
New data released by the Canada Mortgage and Housing Corporation shows that homes in Alberta’s capital city recorded the largest month-over-month price drop in the country (-0.8 per cent) in July.
Ready to negotiate?
How to Bargain Down a Home’s Costs After an Inspection
If an inspector discovers certain kinds of problems in the home you’re hoping to buy, you can use this information to get the seller to pay for repairs—one way or another.
