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Beaumont 

 

Reporting Period:  June 28, 2011 – June 27, 2012 

 

Summary of single family homes sold in community of Citadel Ridge:

  • Total number of single family homes sold: 16
  • Average home selling price:  $396,993
  • Average selling price per square foot:  $220.52
  • Average days on the market: 60 days

Citadel Ridge Sold Homes

 

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Beaumont 

 

Reporting Period:  June 24, 2011 – June 23, 2012 

 

Summary of single family homes sold in community of Beau Val:

  • Total number of single family homes sold: 7
  • Average home selling price:  $317,428
  • Average selling price per square foot:  $237.39
  • Average days on the market: 55 days

Beau Val Sold Homes

 

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As part of the Government’s continuous efforts to strengthen Canada’s housing finance system, the Honourable Jim Flaherty, Minister of Finance, today announced further adjustments to the rules for government-backed insured mortgages.

“Our Government stands behind the efforts of hard-working Canadian families to save by investing in their homes and their future,” said Minister Flaherty. “The adjustments we are making today will help them realize their goals, build on the previous measures we have introduced to keep the housing market strong, and help to ensure households do not become overextended. As just one example, the reductions to the maximum amortization period since 2008 would save a typical Canadian family with a $350,000 mortgage about $150,000 in borrowing costs over the life of that mortgage.”

The Government is announcing four measures for new government-backed insured mortgages with loan-to-value ratios of more than 80 per cent:

  • Reduce the maximum amortization period to 25 years from 30 years. This will reduce the total interest payments Canadian families make on their mortgages, helping them build up equity in their homes more quickly and pay off their mortgages sooner. The maximum amortization period was set at 35 years in 2008 and further reduced to 30 years in 2011.
  • Lower the maximum amount Canadians can borrow when refinancing to 80 per cent from 85 per cent of the value of their homes. This will promote saving through home ownership and encourage homeowners to prudently manage borrowings against their homes.
  • Fix the maximum gross debt service ratio at 39 per cent and the maximum total debt service ratio at 44 per cent. This will better protect Canadian households that may be vulnerable to economic shocks or an increase in interest rates.
  • Limit the availability of government-backed insured mortgages to homes with a purchase price of less than $1 million.

“Investing in a home is a great way to save,” said Minister Flaherty. “That is the dream that mortgage insurance was intended to support. The measures we are taking today maintain that intended purpose.”

Minister Flaherty said the new rules will take effect on July 9, 2012.

 

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I have listed a new property at 7034 SOUTH TERWILLEGAR DR in EDMONTON.
Home with a view! Outstanding location!?This beautiful 2 storey home in South Terwillegar faces pond, park area and walking trails! This bright open-concept home features 3 bedrooms, 3.5 bathrooms, central air conditioning & a double detached garage!? Large kitchen with center island and eating bar, corner pantry & window overlooking the backyard. The master bedroom offers loads of natural light, gorgeous view of the pond and park right from your bed, walk-in closet & full ensuite.? There are 2 more good sized bedrooms, 4 piece bathroom to complete the upper floor.? Relax after a hard day's work in the professionally finished basement with cozy recreational room, 4th bedroom, and another full bathroom.? Outside you'll find a large deck, patio & fully landscaped front and back yard, perfect for entertaining. Close to new K-9 schools. Anthony Henday, shopping, Rec Centre and public transportation.?? Perfect family home in the perfect family neighborhood. DON'T MISS THIS OPPORTUNITY!
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Canon Ridge Real Estate 

 

Reporting Period:  June 20, 2011 – June 19, 2012 

 

Summary of single family homes sold in community of Canon Ridge:

  • Total number of single family homes sold: 9
  • Average home selling price:  $303,316
  • Average selling price per square foot:  $247.33
  • Average days on the market: 51 days

Canon Ridge Sold Homes

 

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Overlanders Real Estate 

 

Reporting Period:  June 19, 2011 – June 18, 2012 

 

Summary of single family homes sold in community of Overlanders:

  • Total number of single family homes sold: 12
  • Average home selling price:  $300,220
  • Average selling price per square foot:  $241.71
  • Average days on the market: 42 days

Overlanders Sold Homes

 

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Homesteader Real Estate 

 

Reporting Period:  June 18, 2011 – June 17, 2012 

 

Summary of single family homes sold in community of Homesteader:

  • Total number of single family homes sold: 11
  • Average home selling price:  $264,318
  • Average selling price per square foot:  $241.90
  • Average days on the market: 31 days

Homesteader Sold Homes

 

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Kernohan Real Estate 

 

Reporting Period:  June 16, 2011 – June 15, 2012 

 

Summary of single family homes sold in community of Kernohan:

  • Total number of single family homes sold: 28
  • Average home selling price:  $290,833
  • Average selling price per square foot:  $236.10
  • Average days on the market: 60 days

Kernohan Sold Homes

 

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Belmont Real Estate 

 

Reporting Period:  June 15, 2011 – June 14, 2012 

 

Summary of single family homes sold in community of Belmont:

  • Total number of single family homes sold: 36
  • Average home selling price:  $317,151
  • Average selling price per square foot:  $259.61
  • Average days on the market: 36 days

Belmont Sold Homes

 

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Sifton Park Real Estate 

 

Reporting Period:  June 14, 2011 – June 13, 2012 

 

Summary of single family homes sold in community of Sifton Park:

  • Total number of single family homes sold: 5
  • Average home selling price:  $296,400
  • Average selling price per square foot:  $270.88
  • Average days on the market: 30 days

Sifton Park Sold Homes

 

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Bannerman Real Estate 

 

Reporting Period:  June 13, 2011 – June 12, 2012 

 

Summary of single family homes sold in community of Bannerman:

  • Total number of single family homes sold: 16
  • Average home selling price:  $269,743
  • Average selling price per square foot:  $248.38
  • Average days on the market: 46 days

Bannerman Sold Homes

 

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Hairsine Real Estate 

 

Reporting Period:  June 12, 2011 – June 11, 2012 

 

Summary of single family homes sold in community of Hairsine:

  • Total number of single family homes sold: 5
  • Average home selling price:  $293,700
  • Average selling price per square foot:  $241.94
  • Average days on the market: 42 days

Hairsine Sold Homes

 

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Fraser Real Estate 

 

Reporting Period:  June 10, 2011 – June 9, 2012 

 

Summary of single family homes sold in community of Fraser:

  • Total number of single family homes sold: 33
  • Average home selling price:  $301,642
  • Average selling price per square foot:  $264.86
  • Average days on the market: 59 days

Fraser Sold Homes

 

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I have listed a new property at 334 1406 HODGSON WAY in EDMONTON.
LUXURY CONDO living at its finest! This IMMACULATE condo is located in prestigious Riverbend "The Chateaux at Whitemud Ridge". 2 bedrooms, 2 bathrooms + den condo features many upgrades with a spacious open plan on the 3rd floor. Gorgeous Kitchen has granite counter tops, High-end cabinetry with crown moulding, upgraded appliances & raised eating bar as well as a huge dining area for entertaining! Great room accesses a large balcony to enjoy a spectacular view with natural gas hookup for BBQ. The large master bedroom comes with a walk thru closet and organizers, a spa like ensuite complete with jacuzzi tub and access to balcony. Other features of this immaculate condo include upgraded halogen lighting, air conditioning, ceramic tile flooring, In-Suite laundry, secure underground heated parking. Adult 21+ building offers Party Room, Movie Theater, Barbecue Area, Gym, Hot tub, Steam Room, Library and the list goes on. Easy access to Whitemud, Anthony Henday and the new Terwillegar Rec Centre.
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Kirkness Real Estate 

 

Reporting Period:  June 8, 2011 – June 7, 2012 

 

Summary of single family homes sold in community of Kirkness:

  • Total number of single family homes sold: 33
  • Average home selling price:  $297,484
  • Average selling price per square foot:  $246.39
  • Average days on the market: 50 days

Kirkness Sold Homes

 

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Lago Lindo Real Estate 

 

Reporting Period:  June 5, 2011 – June 4, 2012 

 

Summary of single family homes sold in community of Lago Lindo:

  • Total number of single family homes sold: 45
  • Average home selling price:  $316,094
  • Average selling price per square foot:  $279.59
  • Average days on the market: 41 days

Lago Lindo Sold Homes

 

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Klarvatten Real Estate 

 

Reporting Period:  June 4, 2011 – June 3, 2012 

 

Summary of single family homes sold in community of Klarvatten:

  • Total number of single family homes sold: 76
  • Average home selling price:  $370,584
  • Average selling price per square foot:  $250.07
  • Average days on the market: 47 days

Klarvatten Sold Homes

 

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Schonsee Real Estate 

 

Reporting Period:  June3, 2011 – June 2, 2012 

 

Summary of single family homes sold in community of Schonsee:

  • Total number of single family homes sold: 28
  • Average home selling price:  $528,675
  • Average selling price per square foot:  $228.22
  • Average days on the market: 134 days

Schonsee Sold Homes

 

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Eaux Claires Real Estate 

 

Reporting Period:  June2, 2011 – June 1, 2012 

 

Summary of single family homes sold in community of Eaux Claires:

  • Total number of single family homes sold: 29
  • Average home selling price:  $373,834
  • Average selling price per square foot:  $258.64
  • Average days on the market: 54 days

Eaux Claires Sold Homes

 

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