Henry Moulin ABR, CRES

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

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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, 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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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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Categories: 100 Years Ago | 100th Anniversary of our Lady of Fatima | 150th Anniversary | 18th Season | 2016 | 2016-2017 | 2017 | 2017 17U & 18U Boys Volleyball Championship | 2017 Canada West Wrestling Championship | 2017 Canadian Junior Long Track Speed Skating Championship | 2017 Knights of Columbus Indoor Games | 2017 Provincial Gymnastics Championship | 2017 Yonex Canadian Badminton National Championships | 3 Fresh Ways to Add Value to Your Home | 6 Ways to Save On Paint | A Christmas Carol | A Very Vintage New Year’s Eve with Rose & The Riveters | A Victorian Sewing Circle at the Marr Residence | Abiding Lines Dance Company Presents the Girl with Kaleidoscope Eyes | April | Are You Ready to Buy a Home? | Artist’s Workshop Show & Sale | Asian Basketball Association Summer Slam 2017 | Avalawn Affair | Awnings | Baby Boomers | Back of the Bus | Ballet in the Studio Performance – Canada’s Ballet Jorgen | Barra Macneils Christmas Tour 2016 | Bartari Foodtruck Wars | Blast in the Park! 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| Tim McGraw & Faith Hill: Soul 2 Soul World Tour | Tips for Your Household | Tips to Help | Top of the Hops – Grapes and Grains | U of S Huskies | U of S Huskies Basketball VS Alberta | U of S Huskies Men’s Hockey VS Manitoba Bisons | U of S Huskies Volleyball VS Calgary Dinos | U of S Huskies Volleyball VS Tru Wolfpack | U of S Huskies Women’s Hockey VS Lethbridge Pronghorns | Using a Primer | Valentine Extravaganza – Team Diabetes Fundraiser | Valentine’s Wine and Appetizer Tasting | Vesna Festival | Warm Your Heart for Diabetes! | Weekend Events | Western Canadian Arabian Breeders Horse Show | Wind Cars with the Saskatchewan Science Centre | You are Debt Free | You can Afford a Down Payment | You can Afford Associated Fees
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Henry Moulin

Contact Me Anytime!

Cell: 306-221-9221

Office: 306-933-0145

Coldwell Banker Signature

345 4th Ave South

Saskatoon,SK S7K 1N3

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