Homeownership April 1, 2022

Spring Home Maintenance Checklist

The snow is disappearing, daily high temperatures are reaching double digits and beach weather is quickly approaching. To be honest, we couldn’t be more excited to soak up the famous Saskatoon sun! But while you are searching for your shorts and sunscreen in preparation to spend more time outside of your home, there are a few spring home maintenance tasks you should check in on after our harsh Saskatchewan winters. 

 

  • Check for soil settlement at the foundation
    • Fill where necessary to maintain positive slope for water to drain away from the foundation
  • Check eaves troughs and downspouts for loose joints, clear any obstructions and ensure water flows away from your foundation
    • Remove any large amounts of leftover snow near your home
  • Ensure sump pump is operating properly, discharging water away from the foundation
  • Check for and seal off any holes in exterior cladding 
    • These could be an entry point for unwanted house guests such as insects and small pests
  • Check the teleposts to make sure they are sufficiently supporting the beam
    • If you notice a gap, adjust as required
  • Change furnace filter and clean Heat Recovery Vent (HRV) and over the range hood filters if applicable
  • Check for signs of termites
    • They like to swarm in the spring, so beware of winged insects flying out of a hole in woodwork
  • Test carbon monoxide and smoke detectors
  • Inspect the roof and associated exteriors finishes for damages and leaks
  • Clean and service fireplaces and chimneys
  • Check and clean out your dryer vent to minimize fire hazards
  • Check caulking and weather stripping throughout your home
  • Get rid of any standing water to prevent mosquitos around the home
  • Clean windows, screens and hardware
    • Check screen doors and windows for holes and tears
  • Inspect garage doors, driveways and walkways for damages
  • Inspect deck for required maintenance if applicable
    • Staining and resealing exterior woodwork is always a good idea
  • Inspect private sewage system if applicable
  • Check in on sprinkler and irrigation systems
    • Inspect for broken heads, adjust points that spray the house (especially windows), street, sidewalk or porches
    • Turn on water to outdoor taps and inspect for leaks
  • Adjust your programmable thermostat for the spring temperatures
    • Optimizes efficiency and lowers costs

 

Refer to our spring home maintenance checklist to help you maintain the integrity of value in your home, not to mention avoiding any potentially pricey fixes later! Of course, regardless of if you’re buying or selling, our team of experienced real estate professionals are here to help you navigate the spring housing market.

Buying March 25, 2022

Saskatoon’s 5 Most Popular Neighbourhoods

Home to over 270,000 people, Saskatoon boasts 66 incredible neighbourhoods to suit the various lifestyles found in their diverse population. Ranging everywhere from centralized inner-city hubs to sprawling surrounding suburbs, there is a neighbourhood to fit every family’s wants and needs. In fact, here are some of the most popular neighbourhoods in Saskatoon:

 

Stonebridge

Stonebridge is home to a booming population of 13,334 people, making it Saskatoon’s most popular neighbourhood. And when you take stock of all this family-friendly community has to offer, it’s no wonder why!

Offering one of Saskatoon’s best shopping centres, one of the greatest highlights Stonebridge has to offer is its access to amenities. With everything from dining to shopping, personal services to medical care, you can find it all right in the neighbourhood. And if, for some reason, you need to get anywhere else in the city, you can do so easily with Circle Drive found bordering the community to the north.

Stonebridge is also beloved by families for its 16 incredible parks, offering over 121 acres of green space to explore. There are also two excellent schools in the neighbourhood—Chief Whitecap School and St. Kateri Tekakwitha School—giving families their choice of both public and Catholic elementary education for their children. It is also a very affordable neighbourhood to live in, with homes for sale in Stonebridge averaging an average price of just over $351,000!

 

Silverwood Heights

With a population of 10,862 people, Silverwood Heights is, without a doubt, one of Saskatoon’s most popular neighbourhoods. Offering an average price of just under $380,000, Silverwood Heights homes make an excellent choice for homebuyers seeking affordable real estate in a family-oriented neighbourhood.

Built to prioritize residential living in a spectacular suburban setting, lifestyle amenities are where Silverwood Heights shines. The neighbourhood has five schools for families to choose from, offering variety for every stage of your child’s educational journey. Public elementary education can be found at either Brownell School or Silverwood Heights School, while the Catholic equivalents can be found at either École Sister O’Brien School or St. Angela School. There is also a public high school in the neighbourhood—Marion M. Graham Collegiate.

Beyond the robust educational system, Silverwood Heights also boasts over 75 acres of breathtaking park space. This includes over 20 acres of the riverside Meewasin Park, where you and your family can enjoy countless hours taking in the fresh air along some of the most scenic views in Saskatoon. And though the neighbourhood doesn’t offer its commercial amenities, residents of Silverwood Heights certainly won’t be without, with easy access to both Lawson Heights Mall and all the businesses found along 51st Street blocks away.

 

Hampton Village

Next on the list of Saskatoon’s most popular neighbourhoods is the gorgeous community of Hampton Village that 8,670 people are proud to call home. And with a strong sense of community and a wide variety of housing styles to choose from, it’s easy to see why!

Homes for sale in Hampton Village go for about an average of just over $338,000, making it a very affordable choice, particularly for first-time buyers. But its attraction doesn’t stop there—it also boasts over 58 acres of parkland. This includes the fantastic Paul Mostoway Dog Park, giving even the furriest family members a space to enjoy the peace and quiet found only in nature!

The village-style neighbourhood, while primarily residential, has several amenities to offer convenience to its residents. These include a gas station, restaurants, and several shops, including a pharmacy and dollar store. Hampton Village also gives parents their choice of either public or Catholic elementary education for their kids with both Ernest Lindner School and St. Lorenzo School found in the neighbourhood.

 

Willowgrove

Willowgrove is home to a population of 8,420, making it the next most popular neighbourhood in Saskatoon. With average prices sitting around $438,000, homes for sale in Willowgrove are particularly popular with families looking for their next home in a quiet and friendly neighbourhood close to all the amenities.

Ideally situated close to both the University Heights Shopping Centre and Brighton Marketplace, access to amenities is undoubtedly one of the top highlights of living in Willowgrove. And though all of life’s everyday essentials are just a few moments away, the community still offers several restaurants, personal services, and shops in the village square for convenience!

Another high point of Willowgrove is its lifestyle offerings, including over 48 acres of green space found in its ten parks. All interconnected via winding walking paths linking together, they instill a strong sense of community amongst residents with all their neighbours just a stroll away. And with two elementary schools—Willowgrove School and Holy Family Catholic School—it’s a no-brainer for families, too!

 

Wildwood

Just over 8,000 people call the neighbourhood of Wildwood their home. And with a particularly attractive average home price of just over $260,000 and an incredible list of amenities, it’s not hard to see why!

Situated in an ideal location along 8th Street E and Circle Drive, Wildwood offers not just one but two of the most popular features home buyers are looking for—access to amenities and commutability. Residents can find just about everything they need in the neighbourhood at Centre Mall, including shopping, dining, and entertainment. If they can’t find it there for whatever reason, they just need to head a couple of blocks west, and they will undoubtedly find it somewhere along the rest of the 8th Street business district.

You don’t need to be spending money to enjoy living in Wildwood, though. The neighbourhood also has several lifestyle amenities to offer, including the Lakewood Civic Centre, Cliff Wright Library, and over 68 acres of parks! It also boasts two great schools, Wildwood School and Bishop Pocock School, as well as the stunning Wildwood Golf Course, making it an ideal choice for those who dream of weekends on the green just steps from their front door.

 

No matter whether you are prioritizing access to amenities, commutability, or schools in your home search, you can almost certainly find it one of Saskatoon’s most popular neighbourhoods. Despite their popularity, there’s nothing to say that these neighbourhoods will be the perfect fit for your wants and needs. Need help narrowing it down? Our experienced team of real estate professionals is happy to help—contact us today to get started!

Selling March 18, 2022

Presenting Offers 101

You’ve found your dream property, congratulations!  Now what?  The next step in your journey to becoming a homeowner is your agent will put together a presentation of an offer, proposing a deal to the listing agent and their client.  Together, you and your agent will decide the terms and conditions of what you wish to offer and determine a fair price for the property.  The proposal also most notably includes the Agreement of Purchase and Sale—the official offer to the Seller.  It’s a considerable amount of paperwork that needs signing, but once you have those keys in hand and settle into your sweet new digs, it will all be worth it!

Irrevocable Period

This is the period when your offer is valid, as well as the time the Seller is allocated to consider your proposal.  After the deadline, if the Seller has not accepted or made a counteroffer, the offer is voided, and you are no longer committed to it. 

Offer Registration

Once signed, the Buyer’s agent will ‘register’ the offer with the Listing Brokerage to notify that they have a signed offer from a Buyer.  Registering offers help make it easier to track offers, especially if there is more than one on a single property. 

Single Buyer Offer

Most commonly, a single buyer is offering to purchase the property at one time.  Typically, the single Buyer offer process will take place within the span of a single afternoon or evening with the Seller, listing agent and buying agent in attendance of the negotiations.  Many offers are also presented with the Buyer close to hand in a nearby coffee shop or restaurant, if not also in person, for the quickest and most efficient negotiation process.  However, with the current life and times, more and more offers are being presented electronically.  Regardless of who is in attendance, both the listing and buying agent’s goal is to get their clients the best possible price, gauging each other’s flexibility in terms and conditions. 

Once assessing the Buyer’s offer, the Seller and their client can do one of three things: accepting the offer as is, rejecting it, or signing the offer back with initials and signatures to changes in price, closing date or any other particular terms.  If the Buyer is not willing to negotiate up to those changes, negotiations will cease, and the Buyer will have to go look elsewhere. 

Multiple Buyer Offers

Alternatively to single Buyer, multiple Buyers can present their offers simultaneously, creating a bidding war.  Multiple offers on a single property predominantly happen when the property is priced at market value or relatively underpriced.  Underpricing can be done deliberately or by accident but is rarely recommended as it can be quite risky for the Seller.  However, a listing can receive multiple offers by luck or skilled marketing.

In this case, the listing agent will communicate with each Buyer’s agent, gathering the pros and cons of each offer to discuss privately with their client.  Once again, one of three things can happen: accept one of the offers outright, reject all offers if they fall below expectations or decide to work with one Buyer if they can change a few things. 

With either presentation style, critical discussions should include closing dates, as well as the size and soonest availability of deposit in the form of a bank draft for maximized confidence in the offer.  Additionally, it is often also more secure of a decision to accept a firm offer over a conditional, even if the conditional offer is higher.  After all, chances could be that the Buyer is caught up in the moment and gets Buyer’s remorse a few days later. 

 

Of course, your best course of action is having a knowledgeable local REALTOR® by your side.  No matter if you are looking to buy or sell, contact us today for a trusted guiding hand in the process, drawing on all our combined years of experience.