If you're in the market for a single-family home, you might be wondering how much house you can actually afford. After all, unlike an apartment or condo, you'll be responsible for maintaining both the interior and exterior of the property, as well as any yard space. Let's take a closer look at what factors you should consider when trying to determine how much house you can afford.
Are you in the process of renovating your home? Or maybe you're just starting to plan your dream renovation and are looking for the best way to finance it. There are a lot of different options out there, and it can be tricky to decide which one is right for you. In this article, we'll explore five of the most popular financing options for home renovations. We'll also give you a few tips on how to choose the right one for your needs. So if you're ready to start renovating, keep reading!
Renovating...
Are you looking to purchase your first home? If so, congratulations – buying a home is an exciting milestone! For first-time buyers, however, the process can seem daunting. But don’t worry – we’ve put together our top 9 tips to help you through it. Keep reading to learn more!
The first tip for first-time home buyers is to be sure you’re ready to buy a house. The average mortgage loan term in Canada is around...
Are you in the market for a new home? If so, you're probably doing a lot of your research online. While viewing houses online can be helpful, it's important to keep these 6 things in mind while browsing our MLS listings. Here are 6 things to consider when viewing houses online:
Take into account the location of the house and whether or not it is close to conveniences like grocery stores, schools, etc. Our listings feature a map that is very useful for determining...
Finding a real estate agent who is right for you requires doing a little homework, and asking the right questions. Choosing an agent is a decision that could ultimately cost or save you thousands of dollars. Keep in mind the individual you choose will be handling almost every maneuver in the biggest financial investment of your life. Experience, interests, and expertise vary from agent to agent, so you should be asking very specific questions in order to align your own needs with the abilities of...
The process of buying or selling a house seems to involve a million details. It is important that you educate yourself on as many parts of this process as you can—this knowledge could mean the difference of thousands of dollars in the long-run. The legal issues involved in the process are often particularly intricate, ranging from matters of common knowledge to subtle details that might escape the untrained eye. Any of these issues, if not handled properly, could develop into larger problems....
If you're like most homeowners, you're always on the lookout for ways to add value to your home. Whether you're preparing to sell in the near future or simply want to know what your options are, read on for 10 ways to add value to your home in 2022! From simple and budget-friendly ideas to more expensive renovations, there's something for everyone! Keep in mind that while some of these projects will add greater value than others, all of them will make your home more comfortable and stylish. So get...
Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you’ll make in the home-buying process; your choice of environment will affect the way you experience your new home. This is a very personal decision, influenced by countless unique factors colouring your own lives, but you should always keep the...
When you list your home for sale, it’s easy to get discouraged when the house doesn’t sell right away. There are many reasons why this may happen. However, if your home isn’t selling after a couple of months on the market, don’t give up hope yet!
Don’t get discouraged if your property hasn’t sold during its first appearance on the market. Your home may actually have been one of the most appealing listings of its kind—and the reasons it didn’t sell may...
In Lethbridge, Alberta, the average cost of a house has been gradually increasing due to a hot market. So how can you stop renting and buy your first home? If you're looking to stop renting and buy your first home in Lethbridge, there are a few things that you should know.
The thousands of dollars in rent you’ve already paid to your landlord may be a staggering figure—one you don’t even want to think about. Buying a house just isn’t possible for you right now. And it isn...
Each homebuyer has different ideas of what will constitute the ideal home for them, these notions often based on particular aesthetic preferences. But one thing that unites all potential homebuyers is the desire to find a home that is fundamentally sound—in areas beyond the immediate sweep of the eye—and that will provide a safe, comfortable, and efficient foundation for their life behind a new door.
This is where the services of a Lethbridge home inspector come in. During a home...
Your home is likely your largest asset, so selling it may be the biggest financial move you’ve ever made, one that requires significant thought and strategy. However, once you’ve entered the market, the process may move very quickly: your property has the best chance to sell within its first seven weeks on the market. Studies indicate that the longer a property stays on the market, the less it will ultimately sell for. So, you need to ensure you’re ahead of the game. Get your property...
Budgeting for a new home can be tricky. Not only are there mortgage installments and the down payment to consider, there are a host of other—sometimes unexpected— expenses to add to the equation. The last thing you want is to be caught financially unprepared, blindsided by taxes and other hidden costs on closing day.
These expenses vary: some of them are one-time costs, while others will take the form of monthly or yearly installments. Some may not even apply to your particular case. But...
Setting a realistic price for your home that reflects current market values will help sell your home quickly and for top dollar. When you price your home properly, you increase the chances that the offer you receive will nearly match your asking price, and that there will be competing offers—which may net you even more in the long run.
Your property has the best chance of selling within its first seven weeks on the market. And, studies indicate that the longer a property stays on the market,...
It’s official: you’ve signed the papers, dotted all the i’s and crossed the t’s—you own a new home! You’ve almost reached the end of your journey. However, now, faced with the daunting task of moving, it may seem as though the journey has just begun. Moving can be a time-consuming and stressful experience if you let yourself be overwhelmed by the job. Remember, though, having a successful move means taking care of the details, one by one. If you break the process...
“You never get a second chance at a first impression.” We’ve all heard this expression before. And now, while you are preparing your house to sell, it should not be far from your mind.
While logical factors such as price and location narrow the pool of houses a potential buyer will look at, the ultimate decision to buy a particular house is fuelled by a mixture of logic and emotion. And emotion often wins out. The same might be said for the process of selling a home. For this reason,...
Selling your home is a complex process that can be stressful and time-consuming. An experienced REALTOR® has the knowledge, skills, and connections to help you through the process every step of the way. Consider the following benefits of working with a REALTOR®:
With knowledge and training in marketing strategy, negotiation tactics, and the workings of the current real estate market, a REALTOR® will be able to guide you through the steps of the home-selling...
You’ve been saving for awhile, weighing your options, looking around casually. Now you’ve finally decided to do it—you’re ready to buy a house. The process of buying a new home can be incredibly exciting, yet stressful, all at once. Where do you start?
It is essential you do your homework before you begin. Learn from the experiences of others, do some research. Of course, with so many details involved, slip-ups are inevitable. But be careful: learning from your mistakes may...
Sales in the city of Lethbridge continued to trend up this month as slower sales in the initial shutdown period are shifting into summer months. July recorded 206 sales in the city of Lethbridge, AB...the strongest July since 2006! While it was not enough to offset earlier losses and sales remain below last year's levels, unlike other areas, year-to-date sales activity is only slightly lower than the longer-term averages.
In July, we also saw that some of the sellers were returning to...
20 Ways to Save Money and Stretch Your Household Budget
These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month.
Here are 20 things you can start doing today to lower your bills, secure better deals, and begin working toward...
Lethbridge Real Estate Experts
