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10 TIPS FOR BUYING & SELLING THIS SPRING

 
 

1. Pre-approval is the most important task for a homebuyer to complete. Visit your bank, mortgage broker or lender for a mortgage pre-approval. Getting pre-approved not only informs you of how much you can spend on a home, but it also guarantees the current interest rate for between 60 to 120 days depending on the lender. Get qualified and know exactly how much you can afford before you begin the home buying search so that when you find the right home, you may place an offer right away.

2. Wants vs needs. Write down a list of the things that are important to you when it comes to a home. Separate the list into two columns: “must-haves” and “would-be-nice.” The list will be helpful to your realtor so they may guide you accordingly but also keep you on track when viewing homes, especially if a particular property shows well, but doesn’t have the elements that matter most to you. Keep notes so you can remember what features each property had and compare those features to your ‘wants’ and ‘needs’ list. Analyzing those notes will assist you in choosing the right home for you.

3. Slow down and take your time when viewing a home. Buying a house is your biggest investment, so take time to pay attention to the details. People often miss items such as whether the garage is large enough, how much sun exposure the house receives during the daytime and what sorts of repairs and maintenance is the property going to require.

4. Go back and take a second look at a property you viewed and liked. There is a lot to digest when viewing a home, so revisiting the property allows you to get a second feel for the space and you may also notice something that you didn’t see before.

5. Don’t be afraid to ask. Buyers sometimes avoid asking their agent questions for fear of ‘bothering’ them or are embarrassed by their queries. Professional real estate agents understand the confusing nature of the business and are happy to help navigate you through the process. Never feel that you are inconveniencing your realtor by asking them questions.

 

1. Fix the small stuff. Buyers often request a home inspection which will identify any issues with your home and suggest needed repairs. You will have to fix any problems, credit money back to the buyer or drop your price to compensate. Repairing or replacing broken items in your home, from leaky faucets to ripped window screens, is a proactive approach. Eliminating distracting drawbacks will also allow buyers to have a good experience as they tour your home and focus on your home’s positive, not negative, features.

2. Start packing. Cramped and cluttered rooms turn buyers off and make your home look smaller. Start by storing away excess furniture, toys and personal decorations and pack items you don’t use on a daily basis. Organize each room, including cabinets, closets and the garage. Decluttering your house also gives you a head start on your move.

3. Make it sparkle. Buyers scrutinize a home and a clean and sparkling home ensures a positive experience for a potential buyer. Clean from light fixtures to baseboards and everything in between. Clean windows inside and outside to enhance the views and allow the sun to shine in. Steam clean rugs and carpets to eliminate unsightly stains and odours. Replace burned out lightbulbs to ensure a bright and welcoming space.

4. Welcome buyers. Exterior defects can make a poor first impression on buyers. Ensure your front door, driveway and walkway are visible and accessible to buyers by clearing debris and clutter. Fix broken screens, doorbells, roof tiles and outdoor lighting. Clean the exterior of your home, paint the entry and garage door if required and ensure your landscaping is adding curb appeal.

5. Hide unsightly everyday items. Put away or move litter boxes, pet dishes, toys, animal crates, soiled laundry and kitchen sponges and other unsightly items to less conspicuous areas of the home.

Buying or selling this spring in Canmore or Banff? Contact Barry, he has the knowledge and experience you can trust!

REAL ESTATE MARKET UPDATE

 
 

The spring real estate market has arrived early this year with an abundance of activity and sales through February. February sales increased to 51 from 25 in January and from 34 in February 2019. The warm weather, favourable interest rates and type of product on the market, assisted in the February spike in sales. Although the statistics show that the luxury end of the single family home market is slow, a factor skewing that statistic is that some buyers are choosing to build rather than purchase a pre-existing property, or they are waiting to buy as they are not finding worthy properties on the market. 5 new luxury builds, which statistics do not account for, have popped up in the Silvertip neighbourhood in the last few months alone. Sales remain strong and prices continue to increase slightly in the entry level and mid-range markets. With interest rates low, we would expect that trend to continue and for general activity to remain strong. Although the Canmore and Banff real estate market has not been affected by the Coronavirus, it’s difficult to predict if or how it could be altered. Whether we see less international buyers and more domestic buyers planning for a staycation property or investors placing their money in the real estate market versus the stock market, remains to be seen. Regardless we do expect transactions to continue as we approach spring.

CANMORE & BANFF EVENTS

 
Catch a variety of events at the ski hills as well as live theatre and music, beer tastings, various recreation programs, Canmore Eagles AJHL Hockey and much more in Canmore and Banff! Here’s a few highlight events and be to sure click the event name for further details.


artsPlace
Various Shows, Events and Dates

Canmore Eages AJHL Hockey
Various Dates

Canmore Brewing Company Tour & Tasting
Various Dates

Grizzly Paw Brewing Company Tours
Various Dates

Evoolution Canmore: Taste the World of Olive Oil & Balsamic Vinegar
March 18

Mountain Made Market
March 21 & April 11

Candle It Canmore
March 22

Northern Quarter Band at Tavern 1883
March 27

Crock-A-Doodle Teen Night: Geometric Animals
March 28

Crock-A-Doodle Paint Night at The Rose
March 31

Tartan Day Celebration
April 4

Tunes for Tails
April 17

Community Activities, Programs & Drop In Sports
Various Dates

Banff Sunshine Village Ski & Snowboard Resort
Various Events

Lake Louise Ski Resort
Various Events

Mt. Norquay Ski Resort
Various Events

Learn 2 Curl Public Drop-In
Wednesdays & Sundays

Parks Canada Guided Winter Walks
Saturdays

Parks Canada Winter Stories & Activities
Sundays

Cougar Cabaret
Every Friday & Saturday Night

Banff Gondola Alpenglow Festival
Fridays & Saturdays, January 24 – April 4

Banff Gallery Hop
March 21

Rustic Wood Paint Night
April 3

Bunny Hop Pub Crawl
April 5

HOW TO BEAT THE COLD SNAP IN 4 EASY STEPS

 

With Canmore and Banff plunging into frigid temperatures, much like the rest of Western Canada, we recommend battling the cold and windchills by following these four simple steps:

1. Fix yourself a snack. Any of these 45 mouth-watering, comfort food appetizers will fit the bill! Beer cheese dip anyone?

2. Fix yourself a bevy. Sip on one or two of these 40 delicious winter cocktails.

3. Grab a warm blanket. Cozy up with one of these highly-rated winter blankets. We also suggest cuddling up beside a furry friend for extra warmth and comfort! 

4. Visit barrynestransky.com and discover your options for mountain living!

I would love to assist you or your family and friends this year with real estate in Canmore, Banff and the surrounding communities. Whether you wish to buy, sell, renovate or build in the mountains or simply chat about the Bow Valley market, I’m here to help.

REAL ESTATE MARKET UPDATE

 

Canmore’s housing market was consistently active last year with an increase in the number of properties sold as compared to 2018. Although upper end and older single family home sales and prices showed a slight decrease, the number of full time living condominium sales increased significantly, accounting for the spike in number of overall sales last year. One reason for the large surge in condominium sales, was the price increase of entry level townhomes resulting in buyers seeking lower priced, resale condominiums as well as attractively priced, brand new, presale condominiums. Hotel condos continued to be popular with a consistent demand and price increase year over year. Land continues to be scarce and prices are expected to be on the rise this year. Overall, we saw stability in our market last year and although Canmore experienced about a 2% decrease in average sale prices, the contributing factor was mainly the number of sales of lower priced product. It is customary for the market to remain quiet until February with the majority of new listings coming to market throughout the spring. Overall, tourism looks to remains strong, the Canmore market has been thriving and the desire for people to own their dream home in Canmore endures.

SNOWDAYS FESTIVAL, BANFF & LAKE LOUISE

By Banff & Lake Louise Tourism
 
Photo: Devaan Ingraham / Banff Lake Louise Tourism

The magical allure of Banff and Lake Louise is yours to discover. Alongside its world-class skiing and astounding wilderness, the essence of mountain culture comes to life during SnowDays, a vibrant winter festival in the heart of the Canadian Rockies. Warm up to winter with international ice carving competitions, snow sculpture exhibitions, exclusive culinary offerings, cozy après-ski culture, the thrill of skijoring, and the invigorating SnowDays Play Zone. This calendar of events will be the highlight of the season. Take a snow day in Banff and Lake Louise and celebrate winter! Visit Celebrate Winter at SnowDays for details and a schedule of events!

CANMORE & BANFF EVENTS

 
The year starts off with a bang with Banff and Lake Louise hosting the SnowDays Festival! Check out the SnowDays Festival article and schedule of events above and below, find a few highlight events and be to sure click the event name for further details.


artsPlace
Various Shows, Events and Dates

Canmore Eages AJHL Hockey
Various Dates

Canmore Brewing Company Tour & Tasting
Various Dates

Grizzly Paw Brewing Company Tours
Various Dates

Wood Carving for Kids
January 18

Doggy Reiki Level One & Two
January 18 – 19

XC Ski Wednesday Night Lights
January 22, 29 & February 5, 12

Community Cruisers Wednesday Night Bike Workshop
January 22, 29 & February 5, 12

Glitz & Glamour II: Art Runway Show
January 24

The Snowed in Comedy Tour Canmore
January 30

Lantern Walk “What Lights You Up?” Canmore
January 31

Community Activities, Programs & Drop In Sports
Various Dates

Banff Sunshine Village Ski & Snowboard Resort
Various Events

Lake Louise Ski Resort
Various Events

Mt. Norquay Ski Resort
Various Events

Parks Canada Guided Winter Walks
Saturdays

Parks Canada Winter Stories & Activities
Sundays

SnowDays Festival
January 15 – 26

Avalanche Awareness Night
January 19

Norquay Masters Cup Beer League Racing Series
January 24, February 7 & 21

Legends of Norquay Fireside Chats
January 25 & February 8

Sunset Cabin Paint Night
January 31

Lantern Walk “What Lights You Up?” Banff
February 7

REAL ESTATE MARKET UPDATE



Canmore’s housing market has been active this year with an increase in the number of properties sold as compared to 2018. Although upper end and older single family home sales and prices have shown a slight decrease, the number of full time living condominium sales has increased significantly, accounting for the spike in number of overall sales this year. One reason for the large surge in condominium sales, is the price increase of entry level townhomes resulting in buyers seeking lower priced, resale condominiums as well as attractively priced, brand new, presale condominiums. Hotel condos have continued to be popular with a consistent demand and price increase year over year. Land continues to be scarce and prices are expected to be on the rise heading into 2020. Overall, we have seen stability in our market and although Canmore has experienced about a 2% decrease in average sale prices, the contributing factor is mainly the number of sales of lower priced product. As we head into 2020, it is customary for the market to remain quiet until February with the majority of new listings coming to market throughout the spring. Overall, tourism remains strong, the Canmore market is thriving and the desire for people to own their dream home in Canmore endures.

CELEBRATE THE HOLIDAYS IN BANFF & LAKE LOUISE

By Banff & Lake Louise Tourism

Photo: Hubert Kang, Travel Alberta

The charms of a quintessential Mountain Christmas are a unique blend of adventure and leisure; bundle up and play in the new dusting of snow outside, or watch it fall as you snuggle up in your cozy cabin. Hop on an enchanting sleigh ride, snowshoe through the incredible mountainscape, breathe deeply under vast, starry skies and share fireside stories over hot cocoa and slices of shortbread. Find fresh terrain skiing Canada’s finest slopes or pamper yourself with a feast at one Banff’s vibrant dining venues. With plenty of space and opportunities to enjoy the outdoors and each other, you can create new traditions and celebrate old ones. Banff’s captivating holiday offerings delight guests of all ages, allowing you to celebrate the season the way you’ve always wanted to. From Christmas at the Castle, meeting Santa on the mountaintop or finding yourself in a chorus of song after a seasonal concert, the spirit of winter joy is infused into a calendar of fun-filled events and activities for the whole family. Visit Christmas in Banff and Lake Louise for all the ways to experience a magical holiday season in Banff National Park.