Come settle into this well maintained 3 plus 1 bedroom richmond heights bungalow. ideally set up for a growing family, it features an l shaped living/dining room, a large...
Excellent revenue property. 2 bedroom bungalow close to Kelsey has good sized living room, galley style kitchen, four piece bathroom and storage/porch area at the back th...
In 1913 this t.eaton catalogue home was built just north of swanson. in 1978 it was moved to it's current location and placed on a new concrete foundation. over the...
Live in an urban forest! this home exudes warmth and charm while radiating the exceptional architectural details in the crown mouldings, wainscotting, custom built-ins an...
During the past year Saskatoon’s Multiple Listing Service out performed our recent history. The number of properties listed for sale finished the year at 7051, a 4% increase over 2010.
More relevant, there were 4027 homes sold on the Saskatoon MLS, an increase of 13%. Average house prices increased from $296,415 at the end of 2010 to $309,835 at the end of 2011, a 5% increase in the average sale price.
Number of MLS Sales by month during 2011
Statistics courtesy of the Saskatoon and Region Association of Realtors
Saskatoon’s unemployment rate remains the second lowest in the province and it leads in population growth. Forecasts for 2012 indicate that the city will remain the destination for many interprovincial and international migrants, which will help Saskatoon maintain its percentage of overall provincial population growth. The strength of Saskatchewan’s economy and it’s position as a leader for resource industry investment means that targeted population growth to 1.5 million people in 2030 remains a reality.
With a population estimated at approximately 230,000 people, Saskatoon constitutes 22 percent of the province’s overall population and had a population growth rate in 2010 of approximately 2.77 percent, the highest in Canada. If Saskatoon sustains the current growth rate and continues to constitute the same share of provincial population, the city may see population numbers approaching 350,000 people by 2030. This influx of new residents will require approximately 3000 new homes per year of both single family and multi-family homes. Demand for new residential lots remains high and all inventories currently available or nearing servicing completion will be purchased. As a refernce point, the 3rd quarter housing starts report for Saskatoon & region indicates there have been 2231 single family and multi-unit construction starts to September 30, 2011.
Economic and growth forecasts for Saskatoon indicate that planning to service for 10,000 units over the next 3 years in order to anticipate growth to 350,000 people by 2030 is realistic and are in line with the City of Saskatoon’s own projections for growth. Saskatoon’s reputaion as a national leader in population growth and economic strength has already lent it credibility on the national stage, and ensuring that there is room to expand will increase the City’s visibility and authority in the future.
Residential development that provides new and high quality homes to new and current residents, professionals and workers is essential to the long term health and vibrancy of the community. With a diverse economy, a strong technological and academic research reputation and friendly and well-planned neighborhoods, Saskatoon provides a community that many will want to call home. In order to ensure that the city succeeds, long term planning that incorporates realistic growth projections must also include realistic expectations for land and serviced lot availability. Saskatoon’s residential development industry is a major contributor to the city’s economy and it’s growth; reputable and professional builders and developers will continue to contribute as an essential strategic partner with the city.
The development of a Housing Action Plan will help guide the city and will assist in developing future growth plans to more accurately respond to economic and population changes.
On Tuesday October 11th, 2011 the Saskatoon and Region Home Builders Association released the 3rd quarter housing starts report. The report indicates that Saskatoon and region has had a strong year for housing starts into the third quarter, with a total of 2,231 starts year to date, a 27 percent increase over 2010. Saskatoon maintains a good mix of single family and multi-unit construction, as high demand for homeownership in condos and townhouses as well as continued need for rental accommodation pushed up incentives for builders to invest in multi-unit construction. Saskatoon’s economy and optimistic outlook for future development are drawing in new and innovative investors and businesses and employment opportunities continue to rise.
The increased housing supply in Saskatoon has already had an impact on housing prices and rental rates which continue to dominate policy concerns in the city and across the province. Vacancy rates have risen into the comfortable 3 percent range and housing prices have remained steady, allowing for returns on investment but also leaving room for first time home buyers to enter the market. The Association has asked for a plan that demonstrates capacity to service 10,000 new housing units over the next three years.
The residential construction industry continues to build homes for the individuals, students, seniors and families in the Saskatoon region that will make our community a national leader in economic and population growth. High quality, suitable and healthy homes in our city will offer choice and affordability for today and for the future.
JUST THE FACTS 365 homes were purchased in September that number up 21% from September 2010 when 301 homes were purchased. The average selling price was $311,057.00 that number down 1% from September 2010 when the average was $312,914.00. Â The … Continue reading →
I am the basis of all wealth, the heritage of the wise, the thrifty and the prudent.
I am the poor person’s joy and comfort. the rich person’s prize, the right hand of capital, the silent partner of many thousands of successful people. I am the silent solace of the widowed, the comfort of old age, the cornerstone of security against misfortune and want. I am handed down to children through generations as a thing of greatest worth. I am the choisest fruit of toil. Credit respects me.
Yet I am humble.
I stand before all people bidding they know me for what I am and possess me. I grow and increase in value through countless days. Though I seem dormant, my worth increases, never failing, never ceasing; time is my aid and population heaps up my gain. Fire and elements I defy, for they cannot destroy me; invariably I become envied.
While all things wither and decay, I survive. The centuries find me younger, increasing in strength. The thriftless speak ill of me. The charlatans of finance attack me. I am trustworthy. I am sound. Unfailing, I triumph and detractors are disproved.
Minerals and oil come from me, I am producer of food, the basis of ships and factories, the foundation of banks. Yet I am so common that thousands unthinking and unknowing pass me by.
Living near a vacant home doesn’t have to mean putting up with overgrown grass and unshoveled snow. Does your community use these eight common local laws, programs, and regulations to force owners to maintain vacant homes?
With the foreclosure crisis, you may have noticed a vacant home or two on your block. Rather than see the home free-fall into disrepair, push local officials to take action before the untended house lowers the value of your own home. Continue reading →
Add attic insulation to lower heating and cooling costs by as much as $600 per year.
Save about $600 per year by boosting the amount of attic insulation from R-11 to R-49. Depending on the type of materials you use, figure on paying an insulation contractor about $1,500 to insulate an 800-square-foot attic, which pays back your investment in three years. You’ll spend about half that to do the job yourself.
Do you need more attic insulation?
A good, quick way to check if you need insulation is to look across your attic floor. If the existing insulation comes up just to the tops of the joists, then you probably need to add insulation. If you can’t see the joists and the insulation is well above the tops of the joists, you’re probably okay and you won’t recoup the cost of adding more. Continue reading →
At the beginning of every month I send my personal newsletter with tips for "Healthy, Wealthy and Happy Living" as well as a summary of the last months real estate market condition. If you would be interested in subscribing to this informative service please enter your name, Email address and hit the "Sign Me Up" bar. I'll follow up and add you to the monthly subscribers list, if at any time you wish to cancel you can easily unsubscribe. I look forward to sharing this information with you on a regular basis. Terry
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Testimonials
Terry,
Thank you for the exceptional service you provided us.
Your dedication and professionalism is beyond reproach.
This house hunting was an adventure and we love our new home.
Please accept our appreciation for your help with our purchase.
Joanne, Tom Carisse
"Terry,
I apologize that this has taken so long, there have been so many things going on in our lives that have kept us on overload. First off and foremost we'd like to thank you. We are very pleased with all you've done for us, your fast and friendly service was much appreciated. We couldn't compare the service you offered to the previous service we received elsewhere. We were very thankful to have had the chance to work with you and felt you worked very hard and had our best interest at all times. Your level of professionalism has made this experience as stress free as possible. We would highly recommend your services to any potential home seller or buyer and would most definitely use your services again for our future real estate needs.
Thank You," -Michelle & Darin
"The best thing we did when listing our house for sale was to choose Terry Alm as our Realtor. Selling our home is a stressful experience, but the manner in which Terry handled matters relieved much of the stress and made us feel very comfortable with the proceedings. His presentation, taking time to visit & understand what we expected of him, combined with his experience and professional manner was exceptional. We have no hesitation whatsoever in recommending Terry Alm to anyone requiring the services of a first class Realtor." -Joy & Frank
"I recently engaged Terry Alm of Realty Executives to sell a condo in Saskatoon. Terry explained very clearly what services he provides. He also provided a detailed market analysis that was always backed with factual information. Terry was able to do a property evaluation that reflected what the market could absorb for that specific property, its location, condition of the property, etc. I felt that his marketing plan was appropriate for the property that was being listed. Terry is meticulous in providing feedback – both in terms of the specific property that you have listed with him and also any activity in the market of similar properties. Terry is always very approachable and not only listens to any comments, suggestions, questions you may have but also solicits your opinion on an ongoing basis. I found Terry to be an engaging, knowledgeable and most importantly very professional person who made me comfortable dealing with him. I recommend Terry to anyone who is buying or selling a home. " -Mark
"Terry, thank you so much for sticking by my side and helping me find the perfect home. It was a long journey, but well worth it. Your hard work and commitment have made this house hunter a home owner. " -Erin
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![77032 [800x600]](http://realtyexecutives.com/terryalm/files/2011/10/77032-800x600-150x150.jpg "77032 [800x600]")
By: Mariwyn Evans
By: Jeanne Huber
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