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Restoration + Renovation
Strawberry box homes, known for their charming simplicity and historical significance, present exciting opportunities for restoration. Originally built as affordable housing in post-WWII Saskatchewan, these homes are now cherished for their character. This article highlights inspiring renovation success stories that enhance their appeal and value while preserving their vintage charm.
A Community Where Everyone Feels at Home
King George, Saskatoon | The holiday season in King George is a time when the neighbourhood comes alive. With homes adorned with festive decorations and neighbours organizing community events, it’s easy to feel at home here.
Nutana Neighbourhood Highlight
Nutana, Saskatoon | Nutana stands out as one of Saskatoon’s most sought-after neighbourhoods, known for its historic charm and close-knit community.
Investing as a Foreign Buyer
Let’s hear from Ricky from South Florida! | Investing in Canadian real estate as a foreign buyer can be exciting, even with challenges like the foreign buyer ban. With the right plan, you can still find success in this market. Ricky, a recent buyer from the U.S., shares why he chose Saskatoon as his investment spot, the hurdles he faced, and how he overcame them from abroad.
How to List a Rental Property
If you’ve purchased a vacant rental property and need to find tenants, here’s a step-by-step guide:
Found a Rental… Now What?
Found a rental property... Now what? | When purchasing a rental property with existing tenants, it’s crucial to know whether their tenancy is month-to-month or fixed-term, as different procedures apply for each.
Create Your Dream Team
Embarking on the journey to buy your first home is exciting and challenging. One of the most crucial steps to ensure a smooth process is assembling your dream team. This team typically includes a Realtor, mortgage broker, and lawyer, each playing a vital role in your home-buying adventure. Here’s how to create your dream team and set yourself up for success.
Buy Smart = Invest Smart
Buying your first home can be an exciting milestone! If you are interested in investing in real estate one day, consider purchasing a home that can eventually become your first rental property—a smart, two-in-one strategy. A double whammy!
Why Invest in Real Estate?
The primary reason to invest in real estate is to achieve financial freedom. Financial freedom means having sufficient income, investments, and cash flow to support your desired lifestyle without having to actively work. For entrepreneurs, achieving financial freedom is crucial because they often lack traditional retirement plans.
A Path to Financial Freedom
The real estate market is thriving, particularly the rental sector. Properties are emerging rapidly and selling just as quickly. The saying goes, "The best time to buy real estate is between January 1st and December 31st." This adage, often humorously repeated by investors like Leo, holds a fundamental truth: there is always a good time to invest in real estate.
The Real Estate Life Hack
In the world of young entrepreneurs, there exists a powerful life hack that can lead to financial freedom within a decade or so. This strategy, rooted in real estate investment, has enabled many to transition from buying their first rental property to enjoying the benefits of passive income and financial independence. Here’s a step-by-step guide to this transformative approach:
Getting Started in Real Estate Investing
— Investing in real estate can be a rewarding path to financial independence. For those ready to take the plunge, here's a guide to help you get started.
ORT Guidelines on Selling Rental Properties
As an investor looking to sell your rental property, it's crucial to understand and follow the Office of Residential Tenancies (ORT) guidelines to ensure a smooth transition for both you and your tenants. Proper notice and adherence to regulations are vital to maintaining good tenant relations and avoiding legal issues.
Evaluating Home Damage: Move Forward or Look Elsewhere?
When you find significant damage in a home you’re considering purchasing, you must take a step back and evaluate your options carefully. The decision to proceed with a purchase under these circumstances requires a thorough understanding of the extent of the damage, the potential costs of repair, and how these factors align with your goals and resources. Morrison Realty ‘87 shares more:
Choosing the Right Team
Navigating Your Real Estate Journey: Choosing the Right Team to Sell Your Home
Pricing & Timing
In the dynamic world of real estate, sellers face many concerns when preparing to list their property on the market. Two paramount considerations consistently arise: getting the right price and the critical aspect of timing the sale. As May unfolds, we delve into the insights gleaned from our interactions with sellers to shed light on these crucial aspects. Getting the Right Price.
Canada’s Capital Gains Tax Hike
In a recent announcement, the federal government revealed a significant change to Canada’s capital gains tax policy, set to take effect on June 25. This alteration entails increasing the tax burden on businesses and private investors, who will now be required to pay tax on two-thirds of their capital gains earnings, up from the previous half, upon selling real estate assets.
Decoding the Market
Saskatchewan's real estate is bucking the national trend with a spark of growth that's catching eyes. While the Canadian market sends mixed signals, this prairie province stands firm. With a benchmark home price nudged up to $319,600, it's clear Saskatchewan's market isn't just steady—it's showing signs of an upswing.
2024 Predictions
As we venture into 2024, the Canadian real estate market presents a landscape of evolving trends and opportunities. Let's delve into the top three projections shaping this sector.
8 ways to boost your curb appeal
As we embark on the final leg of our Home Selling Series, the spotlight shifts to a crucial aspect that sets the stage for a lasting first impression—curb appeal. The exterior of your home is the prelude to the story it tells, capturing the attention of potential buyers before they even step through the front door. Let’s explore creative and practical ways to boost your home's curb appeal, ensuring it stands out:
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