Henry Moulin ABR, CRES

Saskatoon, SK | 306-221-9221 | henry@saskatoonrealestate.com

Your Source For Real Estate:

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Saturday, August 19th, 2017

Can’t Be Stopped

Broadway Theatre – 715 Broadway Ave

Time: 9:00 pm

Website: https://broadwaytheatre.ca/

 

Brad Paisley

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:00 pm

Website:  sasktelcentre.com/event.php?event=690-ff394362

Sunday, August 20th, 2017

Beck

TCU Place – 35-22nd Street East

Time: 8:00 pm

Website: tcutickets.ca

 

Chitravali

Broadway Theatre – 715 Broadway Ave

Time: 6:30 pm

Website: https://broadwaytheatre.ca/events?p=event&event=3909

 

 

Ongoing

August 18th – 20th, 2017

Rock 102 Show & Shine Weekend

Downtown Saskatoon

Website: ssw.rock102rocks.com

 

August 17th – 19th, 2017

Folkfest ‘17

Various Venues throughout the City

Time: August 17th – 18th, 5:00pm – midnight August 19th – 3:00 pm – Midnight

Website: www.saskatoonfolkfest.com

 

August 18th – 20th, 2017

Rock the River

Delta Bessborough – 601 Spadina Crescent East

Website: www.rocktheriversaskatoon.ca

 

August 8th – 19th, 2017

Artwork by Valerie Munch and Kevin Peeace

Collector’s Choice Art Gallery – 625D – 1st Ave N

Time: Tuesday to Friday 9:30am – 5:30 pm, Saturday 9:30 am – 5:00 pm

Price: Free

Website: www.collectorschoice.ca

 

August 8th – 20th, 2017

Boom

Persephone Theatre – 100 Spadina Crescent East

Website: ttps://tickets.persephonetheatre.org/TheatreManager/1/tmEvent/tmEvent695.html

 

August 19th – 20th, 2017

Cross-Canada Vimy Centennial Tour

Bay 5, Hanger 5, John G Diefenbaker Airport

Time: 9:00am – 4:00 pm

Price: Admission by Donation

Website: vimyflight.ca

 

August 17th – 18th, 2017

International Symposium

University of Saskatchewan – 105 Administration Place

Website: education.usask.ca/symposium

 

August 18th – 20th, 2017

Northern Lights Bluegrass and Old Tyme Music Festival

Ness Creek Music Festival – 20kms North East of Big River

Website: www.northernlightsbluegrass.com

 

July 17th – October 22nd, 2017

Our Collective Threads: Saskatchewan People in Canada

Western Development Museum – 2610 Lorne Ave

Time: 9:00 am – 5:00 pm

Website: wdm.ca

 

 

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Average Home Selling Price Stable

At the halfway point in the year, housing sales reflect that of the year to date total in 2016 with 1,850 unit sales in Saskatoon. The average sale price of $350,000 is virtually unchanged as well from a year ago. Also, the median price year to date at $330,000 is comparable to that of last year. Helping to sustain these price indicators is a notable increase (25%) in home sales over $600,000 which is offsetting a decline (3%) in sales below $600,000, as of June 30th. The total number of sales over $600,000 in Saskatoon was 101 units of which 90 were single family homes. Comparatively there were 1,765 transactions at the end of June below $600,000. The number of condominium units sold so far this year was 533 units representing a 5% increase over last year. With the mortgage qualification changes implemented last October, some buyers had to shift their purchase decision from single family to condominium to fit a reduced purchase price. The total dollar volume for Saskatoon and area of $846M is the lowest year to date total since June of 2011. The highest dollar volume reached for the midpoint of the year was June of 2014 at $1.1B.

 

Much has been said about the number of homes available in Saskatoon. Currently there are still over 2,100 active listings in Saskatoon. This amount of available homes would take just over five months to liquidate at the current rate of sales. This amount of active property also means that we are still firmly in a buyers’ market with a sales to listing ratio of 41%, comparable to last June but below the five year average of 50%. In the overheated market of 2007 there were only 375 active listings and a sales to listing ratio of an incredible 79%. This was at a time when Saskatoon’s population was around 210,000 residents for a per capita of one active listing for every 560 residents. In 2012 this increased to 1,254 active listings and a population of 239,420 for a per capita of one listing for every 190 residents. Saskatoon’s current population of 268,158 equates to one active listing for every 125 people.

On average it takes 45 days to sell a home in Saskatoon. This is the lowest days on market average for any month in 2017. “Average days on market can be misleading as well.” cautions Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®. “If homes are properly priced in any price range and in any market condition, they can easiiy see an offer in much less time.” The key is to get sound advice on the current market for each specific home. “Our REALTOR® members are market experts who are objective and can guide a seller in this critical decision.” he adds.

 

The market surrounding Saskatoon had a year to date decline in sales of 11% with a total of 456 transactions. Active listings in this market at the end of June were 1,112 which is a 4% decline over last year.

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Friday, July 28th, 2017

Pizza Party with the Cure – Cooking Class

The Local Kitchen – 123 Ave B South

Time: 6:30 pm

Price: $75.00

Website: https://www.thelocalkitchenyxe.com/class-calendar/2017/7/28/pizza-party-with-the-cure

 

Burning Love! Rory Allen’s Tribute to Elvis

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: 6:30 pm

Price: $45.00

Website: https://tickets.siga.sk.ca/eventperformances.asp?evt=893

 

Sunday, July 30th, 2017

The Marr Residence Music in the Garden

Marr Residence – 326-11th Street East

Time: 2:00 pm

Website: themarr.ca/

 

Nest Secret Garden Tour

Various locations around Saskatoon

Time: 1:00 – 5:00 pm

Price: $15.00

Website: nestsaskatoon.net

 

Ongoing

July 17th – October 22nd, 2017

Our Collective Threads: Saskatchewan People in Canada

Western Development Museum – 2610 Lorne Ave

Time: 9:00 am – 5:00 pm

Website: wdm.ca

 

July 25th – August 5th, 2017

Featuring Artwork by Michael Lonechild and Laurel Schenstead-Smith

Collector’s Choice Art Gallery – 625D – 1st Ave N

Time: Tuesday to Friday 9:30 am – 5:30 pm, Saturday 9:30 am – 5:00 pm

Price: Free

Website: www.collectorschoice.ca

 

June 4th- August 30th, 2017

Free Campus Tours in June, July, & August

Diefenbaker Canada Centre at U of S, 101 Diefenbaker Pl

Time: Wednesday & Sunday at 1:00 pm

Price: Free

Website: www.usask.ca/diefenbaker/tours.php

 

July 5th – August 20th, 2017

Shakespeare on the Saskatchewan

Big white tents off Spadina Crescent

Website: www.shakespeareonthesaskatchewan.com

 

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Friday, June 14th, 2017

Oysters and Lobsters 101 – Cooking Class

The Local Kitchen – 115-123 Ave B South

Time: 6:30 pm

Price: $115.00

Website: https://www.thelocalkitchenyxe.com/class-calendar/2017/6/2/oysters-and-lobsters-101

 

The Little Mermaid the Musical

Broadway Theatre – 715 Broadway Ave

Time: 3:00 pm & 7:00 pm

Website: https://broadwaytheatre.ca/events

 

Sunday, June 16th, 2017

Family Day at the Zoo

Saskatoon Forestry Farm Park & Zoo – 1903 Forestry Farm Park Drive

Time: 9:00 am – 4:00 pm

Price: Park Admission

Website: https://saskatoonzoosociety.ca/event/family-day-at-the-zoo/

 

Ongoing

July 11th – 16th, 2017

A Taste of Saskatchewan

Kiwanis Park – 601 Spadina Cres E

Website: www.tasteofsaskatchewan.ca

 

July 15th – 16th, 2017

FIBA 3X3 World Tour Masters

4th Ave & 21st Street

Time: All Day

Price: Free

Website: www.fiba.com/3x3worldtour/2017/saskatoon

 

July 13th – 16th, 2017

Ness Creek Music Festival

20km North East of Big River

Website: nesscreekmusicfestival.com

 

July 14th – 15th, 2017

A Night with the King

601 Eastlake Ave

Time: Friday 7:00 pm, Saturday 5:00 pm

Price: Free

 

July 11th – 22nd, 2017

Featuring Work by Paul Jacoby and Cecelia Jurgens

Collector’s Choice Art Gallery – 625D – 1st Ave North

Time: Tuesday to Friday 9:30 am – 5:30 pm, Saturday 9:30 am – 5:00 pm

Price: Free

Website: www.collectorschoice.ca

 

July 17th – 21st, 2017

Kids in the Kitchen (Level 2)

The Local Kitchen – 115-123 Ave B South

Time: 9:00 am – 12:30 pm

Price: $250.00

Website: https://www.thelocalkitchenyxe.com/class-calendar/2017/7/10/kids-in-the-kitchen-level-2

 

July 14th – 16th, 2017

Rockridge Gospel Music Festival

West of Warman across #305 onto Rockridge Rd

Time: Friday 7:00 p.m. - 9:00 p.m. Saturday 10:00 a.m. - 9:00 p.m. Sunday 10:00 a.m. - 8:00 p.m.

Price: Free

 

July 13th – 15th, 2017

Saskatoon River Rendezvous 150 Festival

River Landing

Time: Thursday 3:00 – 7:00 pm, Friday 7:00pm & Saturday 11:00 am

Price: Free

Website: www.saskriverbasin.ca/events/details/celebrate_the_river.html?cmonth=&cyear

 

 

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Friday, July 7th, 2017

The Deep South – Cooking Class

The Local Kitchen – 115-123 Ave B South

Time: 6:30 pm

Price: $75.00

Website: https://www.thelocalkitchenyxe.com/class-calendar/2017/6/2/the-deep-south

 

Saturday, July 8th, 2017

Saskatoon Reggae World Music Festival

W.E. Graham Park – 639 Broadway Ave

Time: 12:00 – 10:00 pm

Website: www.saskatoonreggaefestival.com/

 

Saskatoon Makerspace BBQ with Fab Labs Nation

Saskatoon Makerspace – 140 Ave C South

Time: 4:00 pm

Website: https://www.facebook.com/events/1745472992133612

 

5K Foam Fest – Canada’s #1 Fun Run

John Arcand Fiddle Fest Inc. – 7 Km SW of Saskatoon on the Pike Lake Highway #60

Time: 7:00 am – 5:00 pm

Price: $42.00 - $85.00

Website: www.5kfoamfest.ca

 

Sunday, July 9th, 2017

Pets in the Park

Kiwanis Memorial Park North

Time: 9:00 am – 4:00 pm

Website: petsinthepark.ca/pets-in-the-park-2016/

 

Ongoing

July 6th – 8th, 2017

2nd Ave Sidewalk Sale

Downtown

Website: dtnyxe.ca/events/

 

July 8th – 9th, 2017

Pion-era

Western Development Museum – 2610 Lorne Ave

Time: 9:00 am – 5:00 pm

Website: www.wdm.ca/stoon/pionera.htm

 

July 7th – 9th, 2017

Festival Fete Franksaskoise

Pike Lake Provincial Park

Website: https://fransaskfesteng.wordpress.com/

 

July 10th – August 14th, 2017

Dance on the Saskatchewan

Shakespeare on the Saskatchewan – Tents along the South Saskatchewan River

Time: Shows begin at 7:30 pm, with Pre-show at 6:30 pm

Price: Adults - $20.00, Seniors and Youth $15.00

 

 

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Competitive Market for Some Home Sellers

Home sellers need to put forward their best efforts when pricing and presenting their home for sale in any market but especially now with a total of 2,112 active listings in Saskatoon. This is the highest number of homes for sale eclipsing the peak of 2,081 in June of 2015. “Pricing is the most important decision a seller can make, especially in a buyers’ market.” advises Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®. “This is something that requires the assistance of an objective and educated REALTOR® to reflect the market.” Of these, just under 1,300 are single family homes and about 850 are condominiums with close to 500 of these apartment style. Additionally, 350 of the apartment style condominiums are priced between $150-350,000, making this a very competitive segment of the market. With 848 single family homes priced between $250-500,000, there is a lot of choice for buyers who are being selective on what they want and what they want to pay. Homes priced over $500,000 total 278 available properties with 76 of these in excess of $750,000. The MLS® system saw 1,035 new listings for Saskatoon in May, a 7% increase over last May, and the highest number of new listings recorded in a single month.

 

In May there were 423 sales in Saskatoon representing a 7% increase compared to last May. So far year to date the total number of sales is down 2% at 1,459 units. Price ranges between $250-500,000 showed positive increases to the number of sales year over year. In 2016. In May of 2017 there were 358 sales in this price range compared to 329 last May. There was a 13% decrease in the number of sales priced between $500-750,000 in May of 2017. Year to date there were 12 sales in excess of $1,000,000 in Saskatoon. Six of these sales were single family homes, two were bare land condo units at the Willows and one sale was a downtown apartment unit. The home that sold for the most so far this year was $2,000,000.

 

The average number of days required to sell a home in Saskatoon is 48 days. The five year average for May is about 41 days. Based on the number of sales that occurred in May and the number of homes available on the market, it would take 5 months to liquidate the current inventory of properties for sale. The average selling price continues to remain stable at $$349,000. The median sale price also remains relatively unchanged year to date at $329,250. Although the total MLS® dollar volume was up 11.5% when comparing this May 2017 to last, the year to date dollar volume is down 1.3% at $670,000,000.

 

The market surrounding Saskatoon showed an increase in sales of 10.4% in May, however year to date sales in that market were down 8%. The average selling price for this area is up 7% year to date at $331,450. This market includes the cities of Warman and Martensville as well as other surrounding communities and acreage property.  .

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Friday, June 30th, 2017

Canadian Classics Twisted – Cooking Class

The Local Kitchen – 115 – 123 Ave B South

Time: 6:30 pm

Price: $75.00

Website: https://www.thelocalkitchenyxe.com/class-calendar/2017/5/3/canadian-classics-twisted

 

Saturday, July 1st, 2017

Optimist Canada Day Celebrations

Diefenbaker Park

Time: 10:00 am – Dusk

Website: www.optimistcanadadaysaskatoon.com

 

Ongoing

June 30th – July 3rd, 2017

Royal Canadian Circus “Under the Big Top”

Wyant Group Raceway – North of Saskatoon off Hwy #12

Time: 4:00 pm, 7:00 pm, 12:00 pm, 1:00 pm

Price: $25.00 + Taxes

Website: www.royalcanadiancircus.ca

 

July 1st – 8th, 2017

Little Stone Schoolhouse Open House

Little Stone Schoolhouse – 107 Wiggins Rd

Time: 11:00 am – 2:00 pm

Price: Free

Website: https://www.usask.ca/diefenbaker/news/little-stone-schoolhouse-open-house.php

 

 

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Saturday, June 24th, 2017

Canada Screams for Ice Cream

Your Local Safeways and Sobeys

Time: 9:00 am – 5:00 pm

Website: www.treatyourcommunity.com

 

Flatlands Collective Pop-Up Market

810 Broadway Ave

Time: 10:00 am – 6:00 pm

Price: $2.00

 

Sunday, June 25th, 2017

Family Fun Day

German Cultural Centre – 160 Cartwright St E

Time: 2:00 – 4:30 pm

Price: Free

Website: https://www.facebook.com/events/1869119656674291/

 

Ongoing

June 11th -25th, 2017

Saskatoon Pride Festival

Various Locations in Saskatoon

Website: saskatoonpride.ca

 

June 23rd – July 2nd, 2017

SaskTel Saskatchewan Jazz Festival

Various venues throughout Saskatoon

Website:  www.saskjazz.com

 

June 23rd – 25th, 2017

Bartari Foodtruck Wars

Sutherland Curling Club – 141 Jessop Ave

Time: Friday 5:00 – 10:00 pm, Saturday 12:00 – 10:00 pm, Sunday 12:00 – 5:00 pm

Price: $5.00 Admission, Ages 12 & under are free

 

June 21st – 25th, 2017

Summer Carnival

Market Mall – 2325 Preston Ave

Time: Wednesday to Friday 3:00 – 10:00 pm, Saturday 12:00 – 10:00 pm, Sunday 12:00 – 6:00 pm

Website:  www.saskatoonmarketmall.com

 

June 22nd – 25th, 2017

Western Canadian Arabian Breeders Horse Show

Prairieland Park – 503 Ruth St W

Time: 7:00 pm

Price: Free

Website: https://www.facebook.com/westerncdnbreeders/

 

 

Read Full Story

Competitive Market for Some Home Sellers

Home sellers need to put forward their best efforts when pricing and presenting their home for sale in any market but especially now with a total of 2,112 active listings in Saskatoon. This is the highest number of homes for sale eclipsing the peak of 2,081 in June of 2015. “Pricing is the most important decision a seller can make, especially in a buyers’ market.” advises Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®. “This is something that requires the assistance of an objective and educated REALTOR® to reflect the market.” Of these, just under 1,300 are single family homes and about 850 are condominiums with close to 500 of these apartment style. Additionally, 350 of the apartment style condominiums are priced between $150-350,000, making this a very competitive segment of the market. With 848 single family homes priced between $250-500,000, there is a lot of choice for buyers who are being selective on what they want and what they want to pay. Homes priced over $500,000 total 278 available properties with 76 of these in excess of $750,000. The MLS® system saw 1,035 new listings for Saskatoon in May, a 7% increase over last May, and the highest number of new listings recorded in a single month.

In May there were 423 sales in Saskatoon representing a 7% increase compared to last May. So far year to date the total number of sales is down 2% at 1,459 units. Price ranges between $250-500,000 showed positive increases to the number of sales year over year. In 2016. In May of 2017 there were 358 sales in this price range compared to 329 last May. There was a 13% decrease in the number of sales priced between $500-750,000 in May of 2017. Year to date there were 12 sales in excess of $1,000,000 in Saskatoon. Six of these sales were single family homes, two were bare land condo units at the Willows and one sale was a downtown apartment unit. The home that sold for the most so far this year was $2,000,000.

The average number of days required to sell a home in Saskatoon is 48 days. The five year average for May is about 41 days. Based on the number of sales that occurred in May and the number of homes available on the market, it would take 5 months to liquidate the current inventory of properties for sale. The average selling price continues to remain stable at $$349,000. The median sale price also remains relatively unchanged year to date at $329,250. Although the total MLS® dollar volume was up 11.5% when comparing this May 2017 to last, the year to date dollar volume is down 1.3% at $670,000,000.

The market surrounding Saskatoon showed an increase in sales of 10.4% in May, however year to date sales in that market were down 8%. The average selling price for this area is up 7% year to date at $331,450. This market includes the cities of Warman and Martensville as well as other surrounding communities and acreage property.  .

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Friday, June 2nd, 2017

Avalawn Affair

John Lake Park & School Grounds – 2606 Broadway Ave

Time: 5:00 – 8:00 pm

 

Canadarm Challenge with the Saskatchewan Science Centre

Western Development Museum – 2610 Lorne Ave

Time: 1:00 – 5:00 pm

Website: www.sasksciencecentre.com/events-calendar/

 

Jack Semple & Dave Chobot

The Bassment – B3 202-4th Ave N

Time: 9:00 pm

Price: $23.00 - $28.00

Website: thebassment.ca/event/jack-semple-dave-chobot/

 

Saturday, June 3rd, 2017

Heidi Munro

The Bassment – B3 – 202-4th Ave N

Time: 8:00 pm

Price: $22.00-$27.00

Website: thebassment.ca/event/heidi-munro-2/

 

Sunday, June 4th, 2017

Gutsy Walk for Crohn’s And Colitis

North Kiwanis Park – Next to the Bessborough Hotel

Time: Registration at noon, walk at 2:00

Price: Free

Website: gutsywalk.ca

 

Tim McGraw & Faith Hill: Soul 2 Soul World Tour

Sasktel Centre – 101-3515 Thatcher Ave

Time: 7:00 pm

Price: sasktelcentre.com/event.php?event=674-85a67c80

 

The Walk to Fight Arthritis

Victoria Park – 810 Spadina Cres W

Time: 10:00 am

Price: Free

Website: arthritis.ca

 

Ongoing

June 3rd – 6th, 2017

Potashcorp Children’s Festival of Saskatchewan

Kiwanis Memorial Park

Website: www.potashcorpchildrensfestival.com/

 

June 3rd – 4th, 2017

Abiding Lines Dance Company Presents the Girl with Kaleidoscope Eyes

Persephone Theatre – 100 Spadina Cres E

Time: 7:30 pm

Price: $30.00

Website: AbidingLines.com

 

June 2nd – 4th, 2017

Harpoon in June: A Burlesque Show

Village Guitar & Amp Co. – 432 20th St W

Time: Doors at 7:00 pm, Show at 8:00 pm

Price: $20.00 in advance, $25.00 at the door

Website:  facebook.com/events/1869052520029740

 

June 2nd – 4th, 2017

International Saskatchewan Salsa & Bachata Congress

Hildton Gardon Inn – 90 – 22nd St E

Website: sasksalsacongress.com/

 

 

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Friday, May 26th, 2017

Ideas on Tap: Building Brand Voice: The Link Between Storytelling and Marketing

Vendasta – 405 27th St W

Time: 4:00 – 6:30 pm

Price: Free

Website: https://www.facebook.com/events/205712776609131/

 

Back of the Bus

The Bassment – B3 202-4th Ave N

Time: 9:00 pm

Price: $20.00 - $25.00

Website: thebassment.ca/event/back-of-the-bus/

 

Saturday, May 27th, 2017

SJO: Changing Seasons 2017 Featuring Mark Fewer

Broadway Theatre – 715 Broadway Ave

Website: broadwaytheatre.ca

 

Race for Kids

Rotary Park – Saskatchewan Cres E

Time: 10:00 am

Price: $25.00 per person + fundraising

Website: www.raceforkids.ca/saskatoon

 

Melony Gibbs with the Maurice Drouin Orchestra

The Bassment – B3 202-4th Ave N

Time: 8:00 pm

Price: $27.00 - $37.00

Website: thebassment.ca/event/melony-gibbs/

 

Sunday, May 28th, 2017

Firefly Night Hike

Northeast Swale – Range Road 3050

Time: 9:00 – 10:30 pm

Price: Free

Website: https://www.eventbrite.com/publish?crumb=c75833e9bafbd0&eid=33841285195

 

Blast in the Park!

Saskatoon Forestry Farm Park & Zoo – 1903 Forestry Farm Park Drive

Time: 12:00 – 4:00 pm

Price: Parking is $2.00 per vehicle, cash only

 

Saskatchewan Marathon

Meewasin Trail – Meewasin Valley Trail

Time: All Day

Website: saskmarathon.ca/

 

Ongoing

May 26th – 27th, 2017

Wind Cars with the Saskatchewan Science Centre

Western Development Museum – 2610 Lorne Ave

Time: Friday 1:00 – 5:00 pm, Saturday 9:00 am – 4:00 pm

Website: www.sasksciencecentre.com/events-calendar/

 

May 25th – 27th, 2017

Top of the Hops – Grapes and Grains

Prairieland Park – 503 Ruth St W

Time: 6:30 – 11:00 pm

Website: https://www.topofthehops.ca/

 

May 23rd – 28th, 2017

Naturecity Festival

Website: www.wildaboutsaskatoon.org

 

 

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Spring has arrived and summer is fast approaching with the hot sun beating down along with clear skies. Everyone enjoys a warm sun, but sometimes the sun can become too warm and people look forward to going inside a building with blasting AC. Whether you are a first-time home buyer or an experienced one, you should know by now that your bills always seem to rise rapidly when that AC is turned on. Here are a few ways to help cut down that price and keep your house cool.

 

Awnings


For most houses, awnings aren’t really at the top of a person’s list to check to see if they can help with cooling down the house, but you should definitely take a peek outside and see what you are working with. Installing awnings over a south facing window can decrease the solar heat gain by almost half, while installing awnings on the west facing windows can decrease the solar heat gain almost by 75%.


Curtains


Almost everyone knows that by closing the curtains, the house becomes cooler as the sun and heat are blocked out by them, as solar heat gain can be decreased to close to 33%. If you close your curtains, but still notice that it’s still hotter inside then it is outside, check the weave of your curtains. Heavy closed weaved fabric curtains, such as velvet or broadcloth, are the best bet for effectively blocking out the sun.


Interior Shutters


If you have a quirky sense of design for your home, try installing interior shutters to your windows. Wood shutters would work best in blocking off the sun’s rays and cooling the house. They also add a little extra something to the room design that makes the room pop.

 

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Friday, May 19th, 2017

Canadian Baton Twirling International Cup Qualifier

PAC University of Saskatchewan – 87 Campus Drive

Time: 9:00 am – 10:00 pm

Price: Free

Website: www.cbtf.ca/

 

Saturday, May 20th, 2017

Asian Basketball Association Summer Slam 2017

Walter Murray Collegiate – 1905 Preston Ave S

Time: 9:00 am – 7:00 pm

Price: Free

 

Fernanda Cunha

The Bassment – B3 202 4th Ave N

Time: 8:00 pm

Price: $27.00 - $37.00

Website: thebassment.ca/event/fernanda-cunha/

 

Sunday, May 21st, 2017

George Canyon

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: 8:00 pm

Price: $40.00

Website: www.dakotadunescasino.com/

 

Monday, May 22nd, 2017

The Eisenhauers

Drift Sidewalk Café & Vista Lounge – 339 Ave A South

Time: 8:00 pm

Price: Donation

Website: https://www.driftcafe.ca/event-calender/2017/5/22/live-music-monday

 

Ongoing

May 18th – 28th, 2017

Dominion by Andrea Ledding

Studio 914 – 914 20th St W

Time: 8:00 pm

Price: Adults - $15.00, Senior & Student $13.00

Website: www.gtnt.ca/

 

May 16th – 27th, 2017

Featuring Artwork by Laurel Rossnagel and Dave Bauml

Collector’s Choice Art Gallery – 625D-1st Ave N

Time: Tuesday to Friday 9:30 am – 5:30 pm, Saturday 9:30 am – 5:00 pm

Price: Free

Website: www.collectorschoice.ca

 

 

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Friday, May 12th, 2017

Ironwood Quartet at Ritonello 2017

Village Guitar & Amp Co – 432 20th St W

Time: 8:30 pm

Price: $30.00 per person

Website: www.ritornello.ca

 

Culture in the Kitchen – Germany Meets Nigeria

Marion M. Graham Collegiate – 602 Lenore Drive

Time: 6:30 pm – 9:30 pm

Price: $20.00 per person

Website: www.saskgermancouncil.org/

 

Saturday, May 13th, 2017

Going to Graceland

Dakota Dunes Casino – 204 Dakota Dunes Way

Time: 6:30 pm

Price: $45.00

Website: www.dakotadunescasino.com/

 

Cody Peters Gala Banquet

Saskatoon Academy of Music – 629 1st Ave N

Time: 6:00 Cocktails, 7:00 pm Banquet

Price: $50.00

Website: https://www.picatic.com/event14874615341659

 

Vesna Festival

Prairieland Park – 503 Ruth St W

Website: www.vesnafestival.com/

 

100th Anniversary of our Lady of Fatima

Holy Family Cathedral – 211 Ave O South

Time: 2:00 pm

Price: Free

Website: https://www.facebook.com/events/199417710541311/

 

Sunday, May 14th, 2017

Mother’s Day with Mistral 5

Mayfair United Church – 902 33rd St W

Time: 2:30 pm

Price: $30.00 per person

Website: www.ritornello.ca

 

Dean Brody

TCU Place – 35-22nd St E

Time: 7:00 pm

Website: cutickets.ca

 

Vesna Festival

Prairieland Park – 503 Ruth St W

Website: www.vesnafestival.com/

 

Cakes in the City

Western Development Museum – 2610 Lorne Ave

Time: 1:00 pm – 4:00 pm

Price: $10.00 per person or $25.00 per family

Website: www.cakesinthecityweb.wordpress.com

 

Canadaland Guide to Canada Live

The Refinery – 609 Dufferin Ave

Time: 7:30 pm

Website: https://broadwaytheatre.ca/events

 

Monday, May 15th, 2017

 

Ongoing

May 11th – 14th, 2017

2017 Provincial Gymnastics Championship

Saskatoon Field House – 2020 College Drive

Time: All Day

Website: www.gymsask.com/

 

May 11th – 14th, 2017

2017 17U & 18U Boys Volleyball Championship

Kinsmen/Henk Ruys Soccer Centre – 219 Primrose Drive

Time: All Day

Price: Event Pass - $30.00, Day Pass - $12.00, Children 13 & Under – Free

Website: www.volleyball.ca/node/4173

 

 

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Timing is everything for property investment, entering at the right time in the market will always give an important effect on the long term success of your investment. Here are 9 signs that will help you decide if now is the time to start searching.

 

1. Financially Sound.

 

Saving enough for a down payment, creating an emergency fund, knowing that there might be maintenance expenses, as well as having a good credit history are all needed before you start to search for your investment property.

 

2. Long Term Goals

 

You know the purpose of your investment and are willing to be adaptable to any changing circumstances, such as market needs and new development of technology.

 

3. Research

 

You have completed your own research on the neighborhood you wish your future property to be on. You now know what schools are in or around the neighborhood, where all the bus stops are located and you can easily predict the next homebuyer’s needs.

 

4. Economy is Stable

 

The area you have chosen is financially stable, with promising economic trends and surging equities.

 

5. Policies

 

You have read about the country’s policies for all real estate, and that they promote and encourage a positive place and drive to help further economic growth. Make sure that the tax policy is positive for the homeowners, and that global innovation index is rising.

 

6. Growth

 

The city is planning on growth in the city and are building in anticipation of it, such as building another bridge, increasing road size, and renovating or creating more buildings.

 

7. Sustainable Development

 

The increase in value for sustainable property is growing as more and more people head towards wanting to maintain a sustainable living with eco-friendly homes.

 

8. Location Interest

 

It’s always at the top of the search engine for places to go, plus many job seekers could be looking in that area for a house that can be rented. Also keep in mind of any international students that could be looking for a place to call home during the school year.

 

9. Real Estate Agent

 

If you are from overseas or looking for an investment in a different city, it is crucial that you find a fantastic realtor for that area that knows what they are talking about. This will help to make your decision easier and find a great choice at a reasonable price.

 

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Home Sales Down So Far in 2017

Total home sales in Saskatoon year to date saw a 5% decrease with a total of 1,037 units changing hands. The month of April was also notably quiet with a total of 315 sales, a 16% decrease from 2016. Listing activity is also down by 4% compared to last year with a total of 3,038 new listings introduced to the market so far this year. Listing activity for April was also lower by 10% compared to April of 2016. Inventory levels remain quite high with a total of 1,975 active listings at the end of April. This is considerably higher than the five-year average of 1,700 units. For the last three years, there has been in excess of 1,900 homes available for sale at the end of April. It would be ideal to have around 1,500 units available for sale at this time of year. “Higher inventory levels are a great opportunity for buyers for selection and a reasonable purchase price,” says Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® “The market will eventually shift and those who waited will end up with less selection and more competition for the home they offer on” he adds. 

Higher inventory levels typically mean lower prices, however, for homes priced over $600,000, there has been an increase in the number of sales which sustains the average price even with fewer sales. Even though the average price remains unchanged year over year, the median price has decreased by 1.9%. So far in 2017, there is a 65% increase in homes that sold over $600,000 with a total of 93 sales compared to 56 in 2016. In April alone there were 19 sales over $650,000 compared to just 9 last April, three of the sales were in excess of $1M. Comparatively, there is a notable decrease in homes selling below $500,000. By the end of April 2016 there was a total of 438 home sales, so far this year there are only 358. Year to date the sale of single-detached properties declined by 11% while the number of multi-family unit sales increased by 4%. 

The sales to listing ratio of 37% also confirm that we are firmly in a buyer’s market. This is the lowest it has been for the month of April in over 5 years. At the current rate of sales, it would take over six months to liquidate the existing number of homes that are for sale, the five-year average for months of inventory is 4.5 months. Currently, it takes about 50 days for a home to sell in Saskatoon, just slightly longer than the 46 days of a year ago. Homes that are selling continue to realize sale prices in excess of 97% of the asking price. This underscores the importance of proper pricing in a buyers market. “A buyers market is not one for speculative selling” cautions Yochim. “Today's consumers are very well informed and with many homes to choose from are not afraid to move on if the seller is unwilling to respond to an offer at market value” he adds. 

Activity in the markets surrounding Saskatoon continues to experience a decline in both sales and listing activity. A total of 249 sales at the end of April is a 14% decrease from 2016. The number of homes listed for sale for the first four months of 2017 is down by 13%. The sales to listing ratio for this market is 28% while the time it takes the average house to sell is two months. Homes are realizing sale prices of 94% of the asking price. The number of active listings for the area surrounding Saskatoon, which includes the cities of Warman and Martensville, was down 15% with 979 available properties.

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Here are three suggestions to increase the value of your home. Before renovations start, be sure to calculate all the costs and map out a timeline for the renovations.

 

  1. Add a bedroom

 

Known as one of the best ways to add revenue to any property, adding a bedroom to your house will most defiantly add value to your house. Owning a house with a flexible floor plan helps enable you to either move internal walls, or enclose a large outside area within a roofline of the house, like a balcony.

 

  1. Add a kitchen

 

The main focal point of a house is the kitchen, because this room is used every day by everyone in the household. Adding clean new cupboards, upgrading your appliances, and adding new storage space is a sure way of adding value to your house. 

 

  1. Add a bathroom

 

Another room that always creates an impression on a house is the bathroom. Changing a bathroom by simply repainting the walls a bright color, and refurnishing can change a dreary and dark bathroom, into a bright and colorful bathroom. To make a small bathroom seem larger, laying large rectangular tiles laid horizontally really makes a small bathroom seem bigger. To add another wow factor to a simple bathroom, put in a free standing bath tub or a frameless glass shower screen.

 

 

When deciding to renovate a home, always be sure to ask for professional and expert help to ensure that even the smallest space, can look amazing with just a few simple changes.

 

Also make sure, that before starting anything, that all your finances are in check and that you have a backup in case of a delay or over runs.  

 

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Friday, April 21st, 2017

Soul to Sole Retreat

Queen’s House Retreat – 601 Taylor St W

Time: 8:00 am – 4:30 pm

Price: $100.00

 

Saturday, April 22nd, 2017

SSO Presents the Music of Star Wars

TCU Place – 35-22nd St E

Time: 7:30 pm

Price: $15.00 - $70.00

Website: saskatoonsymphony.org/event/careless-whisper-sso-does-the-80s/

 

Sharp Tailed Grouse Dance

Northeast Swale – Lowe Road & Agra Road

Time: 4:45 am – 8:00 am

Price: Free

 

Saskatchewan Rush VS Toronto Rock

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:30 pm

Price: $25.00 - $69.00

Website: www.saskrush.com

 

Restless Gypsy Open House

Restless Gypsy Vendor Store – 510 33rd St W

Time: 10:00 am – 5:00 pm

Price: Free

Website: https://www.facebook.com/restlessgypsyvendorstore/

 

March for Science

Victoria Park

Time: 1:30 – 4:00 pm

Price: Free

 

Bret Higgins’ Atlas Revolt

The Bassment – B3 202-4th Ave N

Time: 8:00 pm

Price: $22.00 - $27.00

Website: thebassment.ca/event/bret-higgins-atlas-revolt/

 

Jessica Robinson: An Evening with Eva

The Bassment – B3 202-4th Ave N

Time: 9:00 pm

Price: $22.00 - $27.00

Website: thebassment.ca/event/jessica-robinson-an-evening-of-eva/

 

Monday, April 24th, 2017

Scott Cook

The Bassment – B3 202-4th Ave N

Time: 8:00 pm

Price: $18.00 - $23.00

Website: thebassment.ca/event/scott-cook/

 

Ongoing

April 21st – 22nd, 2017

Scribble Bots with the Saskatchewan Science Centre

Western Development Museum – 2610 Lorne Ave

Time: 9:00 am – 5:00 pm

Website: www.sasksciencecentre.com/events-calendar/

 

April 21st – 23rd, 2017

Artist’s Workshop Show & Sale

Grace West Minster Church – 505 10th St E

Time: Friday 7-9pm, Saturday 10am-5pm, Sunday 12-4pm

Price: Free

Website: https://artistsworkshop1.wordpress.com

 

April 17th – 22nd, 2017

Easter Week at the Creek

Beaver Creek Conservation Area

Time: 1:00 pm – 4:00 pm

Website: meewasin.com/events/

 

 

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Positive Indicators in Saskatoon Home Market

Year to date, the Saskatoon home market shows positive signs in a few of the key indicators. “There are a few key statistics that we watch ever month to get a sense of where our market is at and where it may be headed” according to Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® .“We keep a close eye on the number of transactions, the inventory levels and the change in pricing.” He adds. 

Year to date home sales are up 4% over 2016 with 558 unit sales. This is comparable to the number of home sales in 2015. The total dollar volume for those sales was just over $186 million, representing a 2% increase over last year. At the end of February, the inventory level for available residential property on the MLS® system in Saskatoon was 1,659 units, 5.4% lower than last year. The lower inventory levels are largely due to a significant drop in the number of new listings added to the MLS® system. So far this year there have been 1,337 new listings in the system compared to 1,410 last year. When comparing new listings for the last month, there were 15.7% fewer properties added to the market this past February than last February. 

A decline in new listings coupled with an increase in sales resulted in a sales-to-listing ratio of 37.4%in February. This is a significant increase from last February where this ratio was 30.9%. A market with a sales-to-listing ratio below 40% is considered to be a solid buyers market. This indicates a positive move towards a more balanced market. “Although we are seeing these positive indicators quite early on, these statistics indicate a shift in the marketplace in a positive direction,” comments Yochim. 

Home prices remain relatively unchanged year to date with the average price down a mere 0.7% to just under $340,000. The median price of $320,000 represents a slight drop of 1.6% year over year. The Home Price Index (HPI) is considered to be the most accurate measure of home values and where the market prices are trending. The HPI composite price is an aggregate of various residential home types in a particular market and is a measurement of change in value over time. A composite value was established with a base year and has been indexed on a monthly basis. The composite value in February was $297,900 representing a 1.2% decrease from a year ago. This value had been on a downward trend since mid-2016 which is not surprising considering elevated inventory levels through the year and a buyers market. 

The average number of days for a home to sell in Saskatoon was 54 days. This is only slightly longer than in 2016 with an average of 52 days. Because today's real estate buyers are well educated on the market, homes are selling at 97% of their asking price which is consistent with last year. 

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Slight Downward Pressure on Home Prices 

At the end of the first quarter the number of MLS home sales was 723 units or a 1% increase over last year. The number of properties listed for sale year to date was 2,193, just 2% lower than the first three months of 2016. “Although the first quarter unit sales are comparable to 2016, pricing seems to be slipping slightly” comments Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® “The median price of $320,000 is down 4.3% from a year ago and the average price of $342,100 is down 1.5%.” he adds. The Home Price Index (HPI) published by the Canadian Real Estate Association indicates a downward trend in pricing as well. The composite price, an aggregate of all home types, for Saskatoon has been trending downaward since August of 2016 when the benchmark value was $309,500 compared to $297,900. This composite value reached its peak of $313,800 in July of 2015. The HPI is based on a benchmark value of $133,400 established in January of $2005. This value is indexed every month thereafter representing the changes to that base value. The downward pressure on pricing is likely to remain until there is a decrease in the current inventory of just over 1,850 active listings or an increase in demand.  

Multi-family sales of 220 units was up year to date by 18% compared to 187 unit sales last year. The number of single family sales of 510 units was a slight decline of just over 4% year over year. The federal changes to mortgage qualification introduced in October of 2017 no doubt have had an impact on some who found it harder to qualify for a single family home. These changes increased the number of multi family transactions due buyers qualifying at a substantially lower purchase price. This is reflected in a 5% increase in sales between $200,000 and $350,000 in the first quarter. During this same period, homes priced from $350,000 to $600,000 saw a 13% decline in unit sales.  

There is currently enough existing inventory to last almost six months based on current sales activity. This is slightly higher than the five year average of 4.84 months. For the homes that do sell, currently on average it takes 47 days. This is two days more than the five year average. These homes are selling at just under 98% of the asking price. This is a reflection of the “intelligent buyer” that we see in today’s market place. “Today’s consumer has access to detailed information at their fingertips and know very well what the true market price of a home should be. Sellers are equally informed and when they are able to think objectively, they price to market and the result is a quicker sale with the sale price tight to list.” according to Yochim. The problem lies in most of us unable to be objective even in the face of raw data. The mindset of many home sellers is that their home is worth more than the one down the street because they used ‘heavy duty’ nails in the construction or similar rationale. “This is one of the most critical reasons for enlisting the advice of a professional REALTOR® in pricing your home.”  

Activity in the area surrounding Saskatoon has experienced a decline of almost 17% in the number of sales for the first quarter of the year with 167 total sales. A positive here though is the average price is up 9.2% and the days on market is 64 days compared to 70 for last year. Martensville and Warman have not been affected the same way in the past three years. The city of Martensville experiences 38 sales and 153 listings so far in 2017. By comparison, in the first quarter of 2017 Warman recorded 57 sales and 144 new listings. In the first three months of 2015 Warman had 81 sales compared with 26 in Martensville.  The Saskatoon Region Association of REALTORS® has a membership of just over 600 licensed and knowledgeable REALTORS® who can provide sound market advice. REALTORS® also subscribe to a strict code of ethics and are dedicated to developing professional standards and continuing education in the real estate profession.  

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Henry Moulin

Contact Me Anytime!

Cell: 306-221-9221

Office: 306-933-0145

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345 4th Ave South

Saskatoon,SK S7K 1N3

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