Archive for the ‘Saskatchewan Real Estate’ Category

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Oxbow Homes For Sale!

Saturday, June 27th, 2009

There are still a few brand new homes for sale in Oxbow, Saskatchewan. These homes are located in the exclusive subdivision on Spruce Drive. There are architectural controls in this area therefore there will not be any trailers or low end homes.

Each lot is 100 feet wide by 150 feet deep (the lots on the North side of the street have the option of accessing even more square footage in depth)

All of these custom homes feature 3 bedrooms, maple cabinets, vaulted ceilings, main floor laundry, high eff. furnace, central air, 9 ft. basement, architectural shingles and much more!

The 3 remaining properties are:

110 Spruce Dr. – 1540 sq. ft.
North side – 2.5 baths, huge double attached garage with 8×10 overhead doors

113 Spruce Dr. – 1515 sq. ft.
South side – 2.5 baths, unique ensuite off master with attractive double sliding doors

122 Spruce Dr. – 1344 sq. ft.
MLS #334351 – North side – huge double attached garage with 8×10 overhead doors

Call local Estevan and area Realtor ® Darcy Calder of Carnduff Agencies Inc for your personal showing before they are all sold.

Carnduff Agencies Inc. Box 69 Carnduff, SK S0C 0S0
1-306-461-7728 or 1-306-461-9062

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

Posted in Buyers, Canada Real Estate, Canda Real Estate News, International Real Estate, Listings, News, Saskatchewan Real Estate, Saskatoon Real Estate | No Comments »

Average House Price In Saskatchewan Up 4%

Monday, June 22nd, 2009

Average house prices in Saskatchewan were up 4% in May thanks to increases in 4 Saskatchewan cities. The average house price in Sask is now $242,829. While the average home price in Saskatoon is down 7% from last May to $279, 477 this year, the average price of a house for sale in Regina is up 12% to $263, 424.

The other 3 Saskatchewan communities that are posting record average prices are Yorkton, Swift Current, and Prince Albert.

The Saskatoon real estate market has seen stabilizing prices with listings down and sales up and it is expected that sales will remain steady.

President of CREA, Regina broker Dale Ripplinger, says that sales activity is closer to the pre-recession peak than the trough hit in January. Several things are helping buyers purchase houses for sale in Saskatoon such as improved consumer confidence, low interest rates, and better affordability.

If you are looking to buy a house for sale in Saskatoon call your local Saskatoon realtor ® Kari Calder as I can help you with purchasing any house for sale in Saskatoon, whether it be a private sale or a Saskatoon MLS property.

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

Posted in Canada Real Estate, Canda Real Estate News, Current Market, International Real Estate, News, News, Saskatchewan, Saskatchewan News, Saskatchewan Real Estate, Saskatoon Real Estate | No Comments »

Rent in Saskatoon Up $100/Month In the Past Year

Sunday, June 21st, 2009

Although the Vacancy Rate in Saskatoon has went from 0.9% in April of 2008 to 1.9% in April of 2009, the average price for a rental property in Saskatoon has also gone up by approximately $100/month. The average price for an apartment for rent in Saskatoon last year was $689 while in 2009 the average price is now $790. So, although rental accommodation in Saskatoon is slightly easier to find, it is also harder on the pocket book.

With the increase in the rent prices in Saskatoon some have been forced to double up to reduce costs, move in with friends, etc.

This rent increase, however, is making buying a house for sale in Saskatoon much more appealing. Houses for sale in Saskatoon are still very easy to find, combined with a low interest rate and a decreased marketing, buying a house for sale in Saskatoon is much easier to do than it was a year ago.

Not everyone is in a situation where they can afford to buy a house for sale in Saskatoon nor is everyone in a situation where they have good enough credit to buy one of the many houses for sale in Saskatoon, but there are ways to improve your credit and to improve your financial situation so that you can eventually buy a house in Saskatoon.

Sometimes a poor decision with your finances a few years ago is preventing you from being able to buy your own house in Saskatoon. Sometimes a life situation (divorce, separation, etc) forces you to have to rent, but with the high prices of rent combined with the (sometimes) low prices of houses for sale in Saskatoon, it isn’t impossible out unattainable by many people who think it hopeless.

It is important to speak to a really good Saskatoon mortgage broker to see what steps you need to take to get into a situation where you can eventually buy a house for sale in Saskatoon. Even if it takes a year to clean up your credit and you have to buckle down and make some life and lifestyle changes, that could be a lifetime of building equity in your house in Saskatoon instead of paying someone else’s mortgage.

I have dealt with many clients who had some credit problems in the past, but with the right people to talk to and to provide some direction, many of these clients are now home owners in Saskatoon. With all of the houses for sale in Saskatoon there is still time to buy your own.

I am always happy to visit with people on the process of buying a house in Saskatoon and surrounding area and to provide the names of some great mortgage brokers who may help you achieve your dream of owning a home in Saskatoon.

Call me or email me,  I look forward to hearing from you and hopefully helping you achieve your dream of owning a house in Saskatoon.

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

Posted in Canda Real Estate News, Current Market, News, Saskatchewan News, Saskatchewan Real Estate, Saskatoon, Saskatoon News, Saskatoon Real Estate | No Comments »

Saskatoon Affordable Housing

Thursday, June 18th, 2009

On May 19th the Saskatchewan provincial and Canadian federal governments announced they were going to pour millions of dollars into affordable housing in Saskatchewan. The announcement came on the same day as the opening of the new affordable housing in Saskatoon project that is located in the King George neighbourhood. This Saskatoon affordable housing complex has 18 2 and 3 bedroom townhouses and 37 apartments. This project, Monarch Yards, cost $11.8 million and it is located on 20th Street and Avenue L. The governments announced that they were putting more than $161 million into more affordable housing in Saskatoon over the next 2 years and these projects are there to help the most vulnerable people, including seniors and people with disabilities.

This is great for residents in Saskatoon as houses for sale in Saskatoon are still out of reach for many.

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

Posted in Canada Real Estate, Saskatchewan Real Estate, Saskatoon News, Saskatoon Real Estate | No Comments »

Housing Stars Fall Dramatically – 85% from 2008 First Quarter

Tuesday, April 14th, 2009

Saskatoon real estate should tighten up again with the dramatic housing start decrease in 2009. Regina real estate will also see the same thing as they also had a huge drop in housing starts. Not only are Saskatoon realtors trying to juggle the overabundance of listings, Saskatoon home builders are also dealing with their high inventory. The decreases were fully expected announces Paul Caton, CMHC market analyst in Saskatchewan, but they do expect an increase in 2010. What is happening in the current Saskatoon real estate market is there are a lot of resale houses for sale in Saskatoon. This means less work for the home buyer and often times less money for an ‘almost new’ house for sale in Saskatoon. Saskatoon builders have only started 77 single-detached houses this year which is down from 284 new home starts in Saskatoon just last year…down 73%. In March these starts fell 75% to 32 units down from 128 new housing starts in Saskatoon in March of 2008, but keep in mind that March 2008 was one of the strongest months on record for new housing in Saskatoon to be started.

As for multi-family dwellings in Saskatoon only 12 have been started this year, down 96% from 2008 and the lowest number since 1991. Last year 306 multi-family units were started in the first quarter.

Regina is much the same with Regina builders only breaking ground on 42 new houses in Regina in March, down 40% from last March. There are only 117 new houses in Regina that have been started in the first quarter and multiple units were down 90%.

Saskatchewan in general is down 73% with 257 units from 948 units last year for the first quarter.

What does this mean? House prices should remain stable and strong and we should only see a modest decrease this year and potentially some increases in house prices in the next year in some Saskatchewan real estate markets.

For more information on the Saskatoon real estate market be sure to contact me!

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

Posted in Canda Real Estate News, Current Market, Listings, News, Saskatchewan Real Estate, Saskatoon Real Estate | 1 Comment »

Government To Help Pay For Renos!

Saturday, April 4th, 2009

Spring has sprung in Saskatoon believe it or not (the snow lately would make us believe otherwise!) which means that Home Depot and Rona in Saskatoon are busier than ever with people getting the itch to renovate their homes in Saskatoon. With the current global economic slowdown another area that has been suffering is home renovations in Saskatoon and across the world. The Government has recognized that this area is also suffering so they are assisting this industry. For all home renovations between January 27, 2009 and February 1st, 2010 the government is offering a 15% rebate.

This helps with the houses for sale in Saskatoon and keep in mind that home renovations aren’t just to make your house look pretty; renovating your houses in Saskatoon also may save you money in the long run with more energy efficient and eco friendly houses in Saskatoon. Some products that are available and that make sense to put into your Saskatoon home are: dual flush toilets/low-water consumption toilets, new windows, proper/additional insulation, high efficient furnaces, and programmable thermostats.

As with all rebate programs there are certain rules you have to follow therefore it is important to read these guidelines and confirm that your project will be subsidized. For example, furniture and accessories are not items covered in the rebate, nor are new appliances for your kitchen.

Some of the projects that will be covered are replacing old windows, any type of kitchen/bathroom renovation, and basement renovations. Even if you can do the work yourself you can claim for products, materials, and even equipment rental.

Don’t forget that the City of Saskatoon needs money too therefore building permits are required and mandatory with any type of renovation to your Saskatoon home. Not having a permit can cause delays and hefty fines. Most people prefer not to pull permits but from a real estate in Saskatoon perspective when you put your house for sale in Saskatoon you are much better off if you can prove that you have pulled permits to do your renovations. These permits are also eligible for the 15% rebate.

You can claim a minimum of $1000 and a maximum of $10,000 and you claim it when filing your income tax return. For specifics you should contact the Department of Finance Canada and ask about your eligibility for HRTC at 1-800-O-Canada

If you need some help with your home renovations in Saskatoon I know a few people who are great so feel free to contact me for a referral!

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty

Posted in News, Saskatchewan Real Estate, Saskatoon Real Estate, Sellers | 1 Comment »

Century 21 Conexus Realty Wins 2008 #1 Firm Award!

Saturday, April 4th, 2009

During our Century 21 Awards Gala in Saskatoon on March 6, 2009, it was announced that Century 21 Conexus Realty Ltd has won the #1 firm award in Canada for both production and units. This is the third year we have won this award.

Rod Spence, Vice President of Real Estate, is proud of his team of agents and employees. “As experts in the industry, our agents and employees are committed to providing professional service and knowledge to each of our customers,” says Spence. “Aside from our dedicated agents and employees, our success can be attributed to our unique partnerships,” continues Spence. “With training support from CENTURY 21 Canada, we have developed the skills needed for achieving our goals. Through our parent company Conexus Credit Union, we are able to meet all the real estate needs of our customers. From mortgages and investments to home insurance, we offer customized solutions.”

Century 21 Conexus Realty Ltd currently has 7 offices and over 200 real estate agents across Saskatchewan. Century 21 Conexus in Saskatoon has shown a lot of strength across the country and world and Century 21 has a heritage of professionalism, dependability and customer understanding. Century 21 can be found world wide and is the world’s largest residential real estate sales organization.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty

Posted in Canda Real Estate News, News, News, Saskatchewan Real Estate, Saskatoon Real Estate | No Comments »

Saskatoon Current Real Estate Market – March 20, 2009

Friday, March 20th, 2009

After a long period of time when we were all wondering if the market was going to pick up it appears that the buyers who were trickling in are now out and are buying houses in Saskatoon. Last week our Saskatoon Century 21 team saw 46 listings come in and 51 deals on existing listings (so more houses in Saskatoon were bought than listed last week).

We also saw the lowest ever interest rates and low mortgage rates in Saskatoon with a 5 year closed term at 4.15%.

The MLS stats from last week (March 9-16th) saw the following:

New listings in Saskatoon: 158 (the previous week was 182)

Houses sold in Saskatoon: 56 (up to from 54 the week before)

Total active listings: 1350

Total vacant properties: 510 (up 3 from the week before)

We are seeing that the low interest rates and the fact that people are starting to understand that the economy in Saskatchewan isn’t going to implode is helping motivate buyers. It is a great time for first time home buyers in Saskatoon and for people to buy a house in Saskatoon in general. It is still very much a buyer’s market in Saskatoon but we are starting to see people with their houses for sale in Saskatoon dig their heels in a bit more and resist the low balling that buyers are trying. Some people with houses for sale in Saskatoon are still in a position where they have 2 mortgages so some houses for sale in Saskatoon are still selling for well below list price, but overall the market is gaining some momentum and hopefully the number of houses for sale in Saskatoon decreases with the amount of people buying houses in Saskatoon starting to increase. I think it will still be another year or so before we go back to a balanced real estate market in Saskatoon as there is still a lot of excess inventory, but we will get there with the amount of people looking to buy a house in Saskatoon from outside of the province and country.

If you are interested in buying or selling your home or looking for information on the Saskatoon real estate market please contact me!

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd

Posted in Canda Real Estate News, Current Market, Saskatchewan Real Estate, Saskatoon Real Estate | No Comments »

Canada Top 10 and Worst 10 Real Estate Markets

Monday, March 16th, 2009

Canada’s 10 healthiest housing markets source CREA.

It is no secret that the Canadian real estate market, like all other markets in the world, has cooled off. Fortunately these 10 Canadian real estate markets are faring better than the rest. I am very happy to say that the Saskatoon real estate market is not only in the top 10 of Canada’s healthiest real estate markets, but Saskatoon real estate is in the top 5. Ask anyone who lives in Saskatoon (well, ask anyone who isn’t the doom and gloom type) and they will tell you that we are relatively untouched by the global economic crisis and that houses for sale in Saskatoon are selling! Saskatoon real estate did take a bit of a downturn, like everywhere else, but one of the reasons for this was that investors were all pulling out at the same time which meant a big increase in houses for sale in Saskatoon.

The housing market in Saskatoon appears to be stabilizing but it will take some time to clear up all of the excess inventory. There are still many good bargains to be had with the amount of Saskatoon houses for sale but many of the desperate sellers are now out of the market and people are not buying a new house before they sell their old house.

Here is the list of the 10 healthiest real estate markets in Canada.

#1 Newfoundland and Labrador
January 2009 average price: $192, 408
Change from January 2008: up 20.1% 

#2 Halifax and Dartmouth
January 2009 average price: $242, 861
Change from January 2008: up 11.1% 

#3 Quebec City
January 2009 average price: $201, 024
Change from January 2008: up 10.8% 

#4 Regina
January 2009 average price: $213, 622
Change from January 2008: up 7.6%

#5 Saskatoon
January 2009 average price: $278, 545
Change from January 2008: up 7.4% 

#6 Saguenay
January 2009 average price: $144, 237
Change from January 2008: up 6.9% 

#7 Durham Region
January 2009 average price: $257, 095
Change from January 2008: up 5.5% 

#8 Winnipeg
January 2009 average price: $183, 873
Change from January 2008: up 5.1% 

#9 Montreal
January 2009 average price: $242, 450
Change from January 2008: up 2.2%

 #10 Ottawa
January 2009 average price: $290, 930
Change from January 2008: up 1.8% 

Canada’s 10 most struggling housing markets

Unfortunately many of our Canadian cities have seen a big drop in real estate values, luckily Saskatoon real estate is staying strong. Here is a list of the top 10 struggling Canadian housing markets.

#1 Trois-Rivieres
January 2009 average price: $122, 486
Change from January 2008: down 14.9% 

#2 Victoria
January 2009 average price: $431, 312
Change from January 2008: down 14.7% 

#3 Saint John
January 2009 average price: $142, 218
Change from January 2008: down 13.9% 

#4 Calgary
January 2009 average price: $362, 143
Change from January 2008: down 11.4% 

#5 Vancouver
January 2009 average price: $536, 162
Change from January 2008: down 8.8% 

#6 Toronto
January 2009 average price: $343, 632
Change from January 2008: down 8.2% 

#7 St. Catharines and district
January 2009 average price: $208, 026
Change from January 2008: down 6.3% 

#8 Sudbury
January 2009 average price: $197, 327
Change from January 2008: down 6.0% 

#9 Hamilton-Burlington and district
January 2009 average price: $264, 549
Change from January 2008: down 4.9% 

#10 Edmonton
January 2009 average price: $317, 049
Change from January 2008: down 4.5%

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

Posted in Canada Real Estate, Canda Real Estate News, International Real Estate, News, News, Saskatchewan News, Saskatchewan Real Estate, Saskatoon News, Saskatoon Real Estate | No Comments »

Interest Rates-Lowest In 8 years!

Thursday, February 12th, 2009

This is a great time to lock into your mortgage with rates like these! Prime rate of 3% is a great way to stimulate the Canadian economy. Finally it is a great time to buy more house at a lower cost which is a very rare opportunity. There is definitely a window open to buyers to get into the Saskatoon real estate market right now that won’t be around forever. There are plenty of choices for home buyers in every price range of houses for sale in Saskatoon whereas even a year ago there was less than a quarter of the selection.

Just 2 years ago a buyer could not put a condition of financing on a home for sale in Saskatoon much less the condition of having a home inspection done, but that heat is over and now is a great and safe time to buy. Interest rates probably won’t go any lower! Prices of houses for sale in Saskatoon, however, will not stay soft forever. Prices seem to be stabilizing in the Saskatoon housing market now that many of the desperate sellers have sold their Saskatoon homes.

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

Posted in Buyers, Canda Real Estate News, Current Market, News, Saskatchewan Real Estate, Saskatoon Real Estate | No Comments »

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