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You are currently browsing the Saskatoon Real Estate weblog archives for the day 2. March 2008.

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Archive for 2. March 2008

Don’t Leave Money On The Table

With Saskatoon real estate being as hot as it is we have seen a huge influx of people looking to sell their home.  It is important to know the market you are selling to before you look at listing your home.  Many people have tried “For Sale By Owner” in Saskatoon only to find out later that they could have sold their home for significantly more.  Some people prefer to sell their home privately believing they will save money.  In some instances they do, but in a real estate market as hot as Saskatoon’s many people are leaving money on the table.  By working with a Saskatoon Realtor ® you have access to a much larger buying audience as well your home will be professionally marketed.  Buyers tend to be much more comfortable using a realtor as it is one way to protect the biggest purchase of your life.
If you are thinking about selling your home in Saskatoon be sure to read up on why to use a realtor before you think of selling your home yourself.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

Saskatoon Parking Rates To Increase

The city of Saskatoon is currently evaluating at increasing parking an additional .50 cents an hour.  This would double the current rate and generate an estimated additional $1.3 million dollars of revenue for the city.  The city of Saskatoon is going through a major change.  Our city is experiencing a huge growth phase which can be seen in many different areas.  The Saskatoon real estate market is the hottest market in Canada.  The Saskatoon unemployment rate is at the lowest it has ever been.  All of this means that our city is growing and as a result the cost of living will go up.  Parking is one of the many things us as residents of Saskatoon will start seeing.  Even though Saskatoon is one of the fastest growing cities in Canada we are still pretty fortunate as our real estate market is still affordable compared to cities like Calgary and Vancouver.  To give you an idea parking in Vancouver is $2.00 an hour in most places but can be as much as $2.00 for 30 minutes in some places.  When you look at other large cities we are still doing okay!

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

Saskatoon Condo Conversion Update

With the increase demand for real estate many owners of apartment buildings and rental property are currently looking to cash in and convert their properties into condos.  The topic of Saskatoon condo conversions has been a controversial topic in Saskatoon over the past year.  In August 2007 this issue was presented to the City of Saskatoon who rejected the ban on condo conversions.  According to the people who brought forward the proposal to ban condo conversions in Saskatoon, the people most affected are students, elderly and low income families.  The city indicated they would keep a close eye on this issue and deal with it as it moved forward.  A city councilor named Charlie Clark indicated when speaking to a crowd on February 28, 2008 that the owners of eight per cent of rental properties in Saskatoon are looking to convert them into condos.  Many people that normally wouldn’t have thought about purchasing a property are now looking into it.  In many cases purchasing a condo in Saskatoon can in fact be cheaper than your monthly rent.  There are a lot of additional benefits of purchasing real estate in Saskatoon than just saving money on your rent.  If you are interested in looking to get into the Saskatoon real estate market feel free to contact me for additional information.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

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