Kelly's Articles and Market Updates

This section includes important and informative articles on various real estate topics plus updates on new listings, sales, and list price changes. [Note: unless referenced, articles are exclusively written by and copyright of Kelly Grant - REALTOR® at Maxwell Devonshire Realty]:

< Open Link to Watch 'Kelly's Articles' Video >

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Tuesday, October 17, 2017 - * SHOWSTOPPER: $250,000 - NORTHEAST EDMONTON - KERNOHAN - HD VIRTUAL TOUR!

Welcome to Victoria Square: an impressive well-maintained & managed townhouse condo complex in northeast Edmonton-Kernohan. Immaculate 1289 sq ft featuring extensive & substantial new & newer upgrades throughout all 3 levels: (... for more details, photos, and virtual tour visit links below):

2704-136A Avenue NW, Edmonton, AB (Kernohan) - Open Link for Listing Details and Photos

2704-136A Avenue NW, Edmonton, AB (Kernohan) - Open Link for HD VIRTUAL TOUR

posted in Listings at Tue, 17 Oct 2017 20:08:05 -0600

Thursday, October 12, 2017 - * NEW LISTING: $259,999 - NORTHEAST EDMONTON - MONTROSE - HD VIRTUAL TOUR!

ATTENTION LANDLORDS, RENOVATORS, HANDYMEN, & FIRST-TIME HOME BUYERS: fair condition bungalow in Montrose awaits your finishing touches. Features include: spacious open living room; separate back/basement entry; nice basement finished ... (for more details, photos, and virtual tour visit links below):

12206-64 Street NW, Edmonton, AB (Montrose) - Open Link for Listing Details and Photos

12206-64 Street NW, Edmonton, AB (Montrose) - Open Link for HD VIRTUAL TOUR

posted in Listings at Thu, 12 Oct 2017 15:56:06 -0600

Wednesday, October 11, 2017 - * PENDING: SOUTHWEST EDMONTON - RUTHERFORD - HD VIRTUAL TOUR - 1st WEEK ON MARKET!

Magnificent 2600+ sq ft 2 storey boasting an excellent "family-oriented layout" plus consistent elegance, upgrading, and decor throughout all three levels to yield your winning combination! ... 

1322-114B Street SW, Edmonton, AB (Rutherford) - Open Link for Listing Details and Photos

1322-114B Street SW, Edmonton, AB (Rutherford) - Open Link for HD VIRTUAL TOUR

posted in Listings at Wed, 11 Oct 2017 22:51:07 -0600

Saturday, September 30, 2017 - * NEW PRICE: $329,900 - NORTHEAST EDMONTON - HOMESTEADER - HD VIRTUAL TOUR!

Experience country living in the city! Magnificent, private, and picturesque 890 sq.m. pie lot with 19.5' x 10' deck, and great park views (front and back). Nicely maintained 4 bdrm + 2 bath split level featuring:  ... (for more details, photos, and virtual tour visit links below):

123 Henry Avenue NW, Edmonton, AB (Homesteader) - Open Link for Listing Details and Photos

123 Henry Avenue NW, Edmonton, AB (Homesteader) - Open Link for HD VIRTUAL TOUR

posted in Listings at Sat, 30 Sep 2017 21:23:09 -0600

Monday, September 25, 2017 - * NEW PRICE: $299,900 - CENTRAL EDMONTON - OLIVER - HD VIRTUAL TOUR!

Presenting Grandin Court: A trendy 2001-built complex in Oliver within very close proximity to Edmonton's picturesque River Valley! Excellent condition main level unit (2 bedrooms, 1086 sq. ft.) features recent renovations: new painting; new laminate floors; and new window blinds. Other features include: ... (for details, photos, and virtual tour visit links below):

106, 9828-112 Street NW, Edmonton, AB (Oliver) - Open Link for Listing Details and Photos

106, 9828-112 Street NW, Edmonton, AB (Oliver) - Open Link for HD VIRTUAL TOUR

posted in Listings at Mon, 25 Sep 2017 13:38:58 -0600

Thursday, August 31, 2017 - * NEW PRICE: $250,000 - SOUTHEAST EDMONTON - IDYLWYLDE - HD VIRTUAL TOUR!

* Very good condition: Adult 50+ 2 bedroom unit fourth floor in Melrose Court - across from Bonnie Doon Shopping Centre and future LRT! Features include: large kitchen with plenty of cupboards / counters; some newer appliances; newer light fixtures; gas fireplace; sizable 9.5' x 6' balcony with nice Southeast views; and convenient access to elevator and garbage disposal. Well-maintained complex ... (for more details, photos, and virtual tour visit links below):

403, 8315-83 Street NW, Edmonton, AB (Idylwylde) - Open Link for Listing Details and Photos

403, 8315-83 Street NW, Edmonton, AB (Idylwylde) - Open Link for HD VIRTUAL TOUR

posted in Listings at Thu, 31 Aug 2017 21:59:11 -0600

Tuesday, June 27, 2017 - *** BREAKING NEWS: KELLY GRANT JOINS MAXWELL REALTY ***

On June 27, 2017 Edmonton, Alberta REALTOR® KELLY GRANT joined Maxwell Realty after his entire 13+ year career (since 2004) with the same company. Kelly says, "Maxwell Realty holds a distinct competitive advantage over many larger real estate companies in the fact it is 100% Canadian owned. Everything from leading edge technology, to branding, to supplies, and industry connections are localized in Canada which allows our top producing agents to operate at higher degrees of efficiency when providing our clients with premium service, expert advice, and maximum results. I am looking forward to a new era of real estate in Alberta with Maxwell Realty, known as 'The Company of Choice' and 'Where Real Estate Happens'."

posted in News at Tue, 27 Jun 2017 00:39:53 -0600

Saturday, June 3, 2017 - Energy Efficiency Savings Opportunities for Alberta's Homeowners

There are many ways in which Albertan homeowners can make improvements to their property which will increase their overall energy efficiency. The Alberta Real Estate Association, in partnership with the Pembina Institute, have compiled a list of energy efficiency rebates and incentives, related practical information and tools, and list of websites for additional information (open the link below): Open Link to view 'Energy Efficiency for Alberta's Homeowners' [Above information displayed ...
posted in News at Sat, 03 Jun 2017 18:56:47 -0600

Friday, April 28, 2017 - Buying Property near an International Airport - by Kelly Grant, REALTOR at Maxwell Realty

When buying property near an International Airport, the venture includes many risks and drawbacks for prospective Buyers. The benefits include being closer to the airport for easier commute for high frequency travelers or for airport-related employment. Additionally, some people (and / or their children) may also enjoy the entertainment of watching planes fly in and out. For most, however, buying property near an International Airport requires identification, quantification, mitigation, ...
posted in General at Fri, 28 Apr 2017 09:17:22 -0600

Sunday, April 16, 2017 - The City of Edmonton's LRT Lines Project Information - Kelly Grant at Maxwell Devonshire Realty

The City of Edmonton since 2009 has been carrying forth its implementation of the LRT Network Plan. Open the link below for information on the City of Edmonton's upcoming Valley LRT Line including stops; interchanges; bridges; stations; crossings; schematics; schedules; budgets; and LRT Network Plan (Overall Map): City of Edmonton - Valley LRT Line (Southeast to West) - Information Booklet   Also: see below for additional project information on the future Metro and Capital LRT Lines: City of ... Full Article...
posted in General at Sun, 16 Apr 2017 11:39:48 -0600

Monday, February 13, 2017 - * Important Cautions when Buying or Selling a Home with a Walkout Basement - by Kelly Grant, REALTOR

When Buyers begin viewing houses, one of the attractive (and more expensive) features is the walkout basement. A walkout basement is brighter, more useable / liveable, and provides better views, access, and egress than a standard basement. With all of these positives, why would every Buyer not want one? Answer: many walkout basements (and homes built on slopes) have a proneness to serious structural issues. For normal houses without a walkout basement that are built on flat (i.e. non-sloping) ... Full Article...
posted in General at Mon, 13 Feb 2017 16:12:54 -0700

Saturday, December 17, 2016 - * Deciding Whether to Renovate Property vs. Selling As-is - by Kelly Grant, REALTOR

Property owners contemplating selling are often faced with important dilemmas: (a). Should we renovate or sell as-is? (b). If yes to (a), then exactly what scopes should we renovate and how? Below is my series of important steps, considerations, and advice to help Sellers navigate successful and rewarding renovating decisions:   (1). If considering renovating for the purpose of selling, one should first consult their REALTOR® for advice (i.e. via analysis of actives and past sales) on a ...
posted in General at Sat, 17 Dec 2016 17:32:42 -0700

Thursday, December 15, 2016 - * Important Seller Advice in Preparation for Viewings and Property Turnover: by Kelly Grant, REALTOR

When listing and selling any type of property, there are many key proactive steps that Sellers can take which can effectively maximize Buyer response and overall market value potential. Below is a general list of considerations Sellers are advised to ?check off? in preparation for viewings and turnover:   (1). Consult your REALTOR® for professional advice on showing marketability, viewings, and required disclosures. (2). Keep property perpetually clean, tidy, nice aroma, and use professional ... Full Article...
posted in General at Thu, 15 Dec 2016 13:14:02 -0700

Friday, November 11, 2016 - * CITY OF ST. ALBERT - RANKED THIRD IN WESTERN CANADA FOR REAL ESTATE INVESTORS!

The Western Investor selected the top five centres in Western Canada that are predicted to have the most potential for real estate returns through 2017 - St. Albert ranked third: [News article from the Western Investor provided courtesy of Kelly Grant, M.Eng., ABR, NCSO, P.Eng. - REALTOR® at Maxwell Devonshire Realty in Edmonton, AB] Disclaimer: for those readers not currently represented by another licensed REALTOR®, to obtain more information on this topic and / or if you are serious about ... Full Article...
posted in News at Fri, 11 Nov 2016 18:31:08 -0700

Sunday, November 6, 2016 - * WELCOME TO THE GREATER EDMONTON AREA: THE BEST DESTINATION IN NORTH AMERICA!

Watch Kelly Grant's presentation and analysis of his top ten reasons why the Greater Edmonton Area is ranked the overall #1 best destination in North America to live, work, visit, open a business, and invest in real estate. Also included: a selection of picturesque photos of the Greater Edmonton Area plus bonus photos of nearby Rocky Mountain Resorts in Banff, Canmore, and Jasper!

< Open Link to Watch 'Kelly's Welcome to The Greater Edmonton Area' Video Article >

[Video article produced ©2015-2017 by Kelly Grant, M.Eng., ABR, NCSO, P.Eng. - REALTOR® at Maxwell Devonshire Realty in Edmonton, AB]
 

Disclaimer: for those readers not currently represented by another licensed REALTOR®, to obtain more information on this topic and / or if you are serious about selling or buying in the Greater Edmonton Area, call Kelly at 780-414-6100 (pager) or send Kelly an email to SOLD@KellyGrant.ca to schedule a confidential appointment.

posted in General at Sun, 06 Nov 2016 17:58:54 -0700

Sunday, November 6, 2016 - * VIDEO ARTICLE: Kelly Grant's Water Prevention Tips for Apartment Condominiums

Watch Kelly Grant's presentation of ten important water damage prevention tips for owners of apartment condominiums: the first five are construction related, while the second five are actions that can be taken by individual homeowners. Also included: material photographs.

< Open Link to Watch Kelly's 'Water Damage Prevention Tips for Apartment Condominiums' Video Article >

Produced ©2015-2017 by Kelly Grant, M.Eng., ABR, NCSO, P.Eng. - REALTOR® at Maxwell Devonshire Realty in Edmonton, Alberta, Canada

Disclaimer: for those readers not currently represented by another licensed REALTOR®, to obtain more information on this topic and / or if you are serious about selling or buying in the Greater Edmonton Area, call Kelly at 780-414-6100 (pager) or send Kelly an email to SOLD@KellyGrant.ca to schedule a confidential appointment.

posted in General at Sun, 06 Nov 2016 14:25:53 -0700

Tuesday, January 27, 2015 - "Alberta in Big Trouble due to Oil Prices? Not Likely"

Article Source: Western Investor - Jan. 2015 ... "If Alberta were its own country, it would rank #3 in the world when it comes to the Human Development Index ..." [News article from the Western Investor provided courtesy of Kelly Grant, M.Eng., ABR, NCSO, P.Eng. - REALTOR® at Maxwell Devonshire Realty in Edmonton, AB] Disclaimer: for those readers not currently represented by another licensed REALTOR®, to obtain more information on this topic and / or if you are serious about selling or buying ... Full Article...
posted in News at Tue, 27 Jan 2015 21:05:24 -0700

Friday, November 21, 2014 - The Value and Importance of Sewer Line Inspections - by Kelly Grant at Maxwell Devonshire Realty

When buying a home with an older sewer line, the risk of line damage increases in proportion to its age. This is why inspecting the sewer line is advisable in particular for older homes and / or when advised by a licensed home inspector, noting this is usually a specialized service over and above what most, but not all, home inspectors will usually offer homebuyers as part of their scope. The top ten main risks typically affecting the overall health of a sewer line can include: (1). The age of ... Full Article...
posted in General at Fri, 21 Nov 2014 08:41:44 -0700

Friday, January 17, 2014 - Important Tips to Promote Safe Buyer Viewings - by Kelly Grant at Maxwell Devonshire Realty

Prior to or upon listing a property for sale, Sellers will very often undertake cosmetic and functional upgrades while neglecting to take key (and often easy) steps to protect the safety of Buyers during showings. In my opinion, Buyer safety during viewings is the highest factor affecting market value potential (i.e. above location; above structure size and lot size; above upgrades; above spectacular views; above number of bedrooms and washrooms; above basement development; above construction ... Full Article...
posted in General at Fri, 17 Jan 2014 13:57:25 -0700

Wednesday, January 15, 2014 - EDMONTON Ranked #2 in CANADA by Industry Experts for Real Estate Investment in 2014!

Article Source: Western Investor - Jan. 2014 [News article from the Western Investor provided courtesy of Kelly Grant, M.Eng., ABR, NCSO, P.Eng. - REALTOR® at Maxwell Devonshire Realty in Edmonton, AB] Disclaimer: for those readers not currently represented by another licensed REALTOR®, to obtain more information on this topic and / or if you are serious about selling or buying in the Greater Edmonton Area, call Kelly at 780-414-6100 (pager) or send Kelly an email to SOLD@KellyGrant.ca to ... Full Article...
posted in News at Wed, 15 Jan 2014 16:42:19 -0700

Wednesday, February 6, 2013 - Increased Bike Lanes in Edmonton: +s / -s, and Property Value Implications - by Kelly Grant, REALTOR

The City of Edmonton has recently announced the final stages of their proposed ?On-street Bike Routes 2013?. Feedback to the City is being encouraged as a result of the implications these bike lanes will have not only to motorists but also on property owners along the proposed bike routes. To accommodate both viewpoints, this article presents both positives and negatives of increased cycling and bicycle routes, allowing readers to make an informed decision about which side of the issue they ... Full Article...
posted in General at Wed, 06 Feb 2013 14:40:01 -0700

Tuesday, January 22, 2013 - Tips for a Successful Shower Renovation Project: by Kelly Grant at Maxwell Devonshire Realty

When undertaking any kind of major renovation project, it can be a daunting task. More than just allowing for the high cost of renovating, the property owner must also guard against a myriad of other construction risks that can develop. This article summarizes implementation steps to mitigate many of these risks to help make sure your shower renovation proceeds as smoothly and successfully as possible: (1) Select Qualified Suppliers ? First, select a company that supplies shower fixtures / ...
posted in General at Tue, 22 Jan 2013 19:50:11 -0700

Thursday, January 10, 2013 - Risks of Selling or Buying Property in a Real Estate Auction - by Kelly Grant at Maxwell Realty

There has been news coverage recently about auction houses selling real estate, particularly in the United States and Europe. Several auction houses operate in Canada and make claims about their services, but are these claims really justified? Are Buyers and Sellers of auctioned real estate really aware of the risks associated with these auctions vs. hiring a licensed full service REALTOR®; listing on the MLS?; and dealing with offers as they come in rather than trying to hold out for offers ... Full Article...
posted in General at Thu, 10 Jan 2013 12:29:57 -0700

Thursday, December 27, 2012 - Kelly Grant's 2013 REALTOR Market Forecast - Greater Edmonton Area

This article contains my personal REALTOR® opinions, analyses, and forecasts for the Greater Edmonton Area real estate market in 2013. [For further background and details on my theories used and assumptions made for generating these forecasts, please refer to my December 22nd, 2010 blog (2011 Market Forecast)]. The purpose of generating this forecast is to predict how property values will change (upward or downward and by what %) in 2013 from their current 2012 values. While there are numerous ... Full Article...
posted in General at Thu, 27 Dec 2012 21:41:22 -0700

Wednesday, December 26, 2012 - Historical Name Changes to City Neighborhoods: by Kelly Grant at Maxwell Devonshire Realty

Regardless of what City or town we live in, many of us take for granted the names of our communities, streets, parks, schools, etc. and may presume these names might have always been in place ever since they were first created and as a result could never really be changed again in the future. Taking the great City of Edmonton, Alberta, Canada as an example, did you know many original neighborhoods have undergone large scale name changes and annexation over the past several decades? Do you also ... Full Article...
posted in General at Wed, 26 Dec 2012 10:11:31 -0700

Friday, November 30, 2012 - Government of Canada Homebuyer's Road Map Guide: by Kelly Grant at Maxwell Devonshire Realty

The Government of Canada and the Canadian Real Estate Association have recently published a Homebuyers' Road Map Guide to assist Buyers with one of their most important life decisions - buying property. Below is an outline of sections included: < Open link to view the Government of Canada's Homebuyers' Road Map Guide > (*) Various ways how REALTORS® help Buyers through the buying process (1). Assess Financial Readiness (lender requirements; prequalification process; and the importance of your ... Full Article...
posted in General at Fri, 30 Nov 2012 11:45:39 -0700

Saturday, August 11, 2012 - The Underrated Importance of Buying Requirements: by Kelly Grant at Maxwell Devonshire Realty

To find and purchase your next dream home, there are many steps taken with your Buyer REALTOR® to complete your journey. The journey length varies with the Buyer ? for some Buyers it can take only a few days, while for other Buyers their successful purchase can come only after several years of hard work. What can surprise many Buyers is the importance of their buying requirements to the buying process. Below are four key steps all Buyers should use as they work with their Buyer REALTOR®: Step ... Full Article...
posted in General at Sat, 11 Aug 2012 13:37:41 -0600

Tuesday, December 20, 2011 - Kelly Grant's 2012 REALTOR Market Forecast - Greater Edmonton Area

This article contains my personal REALTOR® opinions, analyses, and forecasts for the Greater Edmonton Area real estate market in 2012. [For further background and details on my theories used and assumptions made for generating these forecasts, please refer to my December 22, 2010 blog (2011 Market Forecast)]. The first question on the minds of many Sellers and Buyers in the Greater Edmonton Area: how will property values become impacted in 2012 from their current 2011 values? While there will ... Full Article...
posted in General at Tue, 20 Dec 2011 17:04:20 -0700

Sunday, August 7, 2011 - What to Know when Buying Property Backing onto Undeveloped Land: by Kelly Grant at Maxwell Realty

When buying any type of property backing onto agriculture or other undeveloped land, it can be easy to become captivated by the views and tranquility while forgetting the important fact these views and quietness may not last more than a few months or years if suddenly the areas become developed. Types of future development can include but may not be limited to the following: - Busy street or quiet street- Biking or walking path- Houses, duplexes, or townhouse condominiums- Apartment-style ...
posted in General at Sun, 07 Aug 2011 11:11:09 -0600

Friday, March 25, 2011 - How to Select your Best Buyer REALTOR - by Kelly Grant at Maxwell Devonshire Realty

When consumers go out to buy a property, many often begin the process by looking at real estate ads and calling whatever REALTOR® is advertising a property for sale of interest (i.e. representing the Seller) without fully considering what exactly a Buyer REALTOR® will do to help them buy the right property.   In my professional opinion, a 'casual approach' in selecting a REALTOR® should be avoided because a Buyer may not be working with the right REALTOR® to receive the best Buyer Agency ...
posted in General at Fri, 25 Mar 2011 10:51:30 -0600

Thursday, March 3, 2011 - Accredited Buyer's Representative (ABR)

KELLY GRANT - REALTOR® in Edmonton, AB, Canada obtains Accredited Buyer's Representative (ABR) designation and is a new member of the Real Estate Buyer's Agent Council (REBAC).
posted in General at Thu, 03 Mar 2011 11:15:03 -0700

Saturday, January 8, 2011 - Why to Avoid Private Home Sales when Selling or Buying: by Kelly Grant at Maxwell Realty

Attempting to sell or buy a home privately is not without risk. Sellers and Buyers are encouraged to first identify, analyze, and understand the many risks they are accepting in exchange for possibly saving part or all of a REALTOR® sales commission. For many inexperienced private Sellers or Buyers who may not fully appreciate the value of a REALTOR® for the work being done on their behalf, there can often be no savings or else a negative impact in exchange for the high risks accepted as one ... Full Article...
posted in General at Sat, 08 Jan 2011 18:34:55 -0700

Wednesday, December 22, 2010 - Kelly Grant's 2011 Real Estate Market Forecast for the Greater Edmonton Area

This article contains my personal REALTOR® opinions, analyses, and forecasts for the Greater Edmonton Area real estate market in 2011. With the turbulent and plummeting economies and real estate values in many areas across the United States resulting from the stock market crash a few years ago, many investors and resident homeowners are very interested to know what collateral future impacts, if any, may be experienced by the Canadian real estate markets (including Edmonton) and what one should ... Full Article...
posted in General at Wed, 22 Dec 2010 18:15:40 -0700

Thursday, March 18, 2010 - Why REALTOR Property Evaluations are Essential: by Kelly Grant at Maxwell Devonshire Realty

When property owners make the important decision to sell a property in the current market, the first step is to always contact an experienced, licensed REALTOR® to schedule a confidential (and often complimentary) property evaluation.   Without the good advice of a REALTOR® and relying solely on municipal assessments; the opinions of family, friends, or neighbors; or your own opinion based on what you might have seen with a few list prices of similar properties on the market (perhaps ones that ... Full Article...
posted in General at Thu, 18 Mar 2010 19:55:09 -0600

Wednesday, February 10, 2010 - Assisted Living Accommodations for Senior Citizens: by Kelly Grant at Maxwell Devonshire Realty

For senior citizens considering a move to assisted living accommodations, the task can be very daunting and intimidating. Included in this article are my top ten tips when deciding upon senior assisted living either for yourself, for friends, or for family:   (1). Start the process at least nine months to a year in advance of the actual move. With long waiting lists at residences from demand of seniors looking to move in, it is important to not leave this until the last minute thinking you can ... Full Article...
posted in General at Wed, 10 Feb 2010 13:48:20 -0700

Monday, January 11, 2010 - Industrial, Office, and Retail Purchasing & Leasing by Kelly Grant at Maxwell Devonshire Realty

If you are an entrepreneur operating your own business and require some type of public access for sales, storage, design, manufacturing, etc. then at some point you will be in need of an industrial, office, and / or retail space for your business. This article discusses what commercial lessees and purchasers should be aware of (and what questions to discuss with your Commercial REALTOR®) in order to make sure your next industrial, office, or retail purchase or lease is successful. Below are 30 ... Full Article...
posted in General at Mon, 11 Jan 2010 13:26:23 -0700

Tuesday, January 5, 2010 - The Importance of Municipal Zoning for Investors - by Kelly Grant at Maxwell Devonshire Realty

Understanding the dynamics of municipal zoning, including how planning and development departments operate, are important keys to becoming a successful real estate investor. The type of land zoning affects what a property is worth, and the level of ?worth fluctuation? is based on supply and demand ? how much of a particular zoning there is in a municipality or group of nearby municipalities versus the demand of those wanting to use land for a specific purpose. This article explains a procedure ... Full Article...
posted in General at Tue, 05 Jan 2010 13:02:35 -0700

Tuesday, December 22, 2009 - Edmonton Neighborhoods with Highest, Lowest Property Value Assessments - by Kelly Grant, REALTOR

Reviewing recent past sales with a licensed REALTOR® is important for Buyers and Sellers when making a decision to buy or sell a particular property however average neighborhood property value assessments can also be a useful source when strategically deciding what areas are best for investing money to buy either a family home or investment property. For the City of Edmonton, the ?Average Assessment Change for Tax Class Residential? is issued on an annual basis. As an example, open the pdf link ... Full Article...
posted in General at Tue, 22 Dec 2009 10:05:08 -0700

Tuesday, December 15, 2009 - Edmonton Neighborhoods with Best and Worst Crime Statistics - by Kelly Grant at Maxwell Realty

Comparing neighborhood crime statistics can be important when deciding where to invest money to buy a family home or investment property. It makes sense to presume the best neighborhoods to live, on average, would be the ones that have the lowest levels of crime. The question: where should a person go to find accurate neighborhood crime statistics? My answer: the local police service. For the City of Edmonton, the Edmonton Police Service issues a ?Neighborhood Crime Statistics Report? on an ... Full Article...
posted in General at Tue, 15 Dec 2009 14:28:19 -0700

Tuesday, December 8, 2009 - Property Insurance: What every Owner Must Know - by Kelly Grant at Maxwell Devonshire Realty

Many new Buyers might be tempted to under-estimate the value and complexity of acquiring property insurance. It sounds simple ? just call up an insurance company of your choice, take out a policy, and start paying premiums ? right? Wrong. When buying new or maintaining an existing property, regardless if it is a house, condo, half-duplex, acreage property, commercial property, etc., insurance is important, can be a complex process, can be costly, adequate coverage is by no means a guarantee, ... Full Article...
posted in General at Tue, 08 Dec 2009 10:17:56 -0700

Tuesday, December 1, 2009 - The Benefits of REALTOR Showings: Why Open Houses are Obsolete - by Kelly Grant at Maxwell Realty

With the improved technology and advanced REALTOR® techniques used for updating and communicating with Sellers and Buyers, open houses are increasingly becoming an obsolete ?tool of the past?. This article will discuss various components of REALTOR® showings: how they work; tips on how to keep Buyers and REALTORS® safe during showings; and why open houses have become obsolete. Firstly: how do regular REALTOR® showings work? Below are some key points: (1). Upon listing, the listing REALTOR® ...
posted in General at Tue, 01 Dec 2009 15:27:37 -0700

Wednesday, November 25, 2009 - Subject to Sale of Home: Viable Alternative or Smoke and Mirrors? - by Kelly Grant, REALTOR

Anyone who currently owns an existing property and who would be making a move by both selling and buying are faced with a dilemma ? do they buy first or do they sell first? [For more information about this topic, refer to my article Selling First vs. Buying First]. Unfortunately, many property owners have somehow been misled to believe that both can occur simultaneously without consequence. Below are key drawbacks as to why I believe offering ?subject to sale of home? is, a high majority of the ... Full Article...
posted in General at Wed, 25 Nov 2009 16:11:25 -0700

Monday, November 16, 2009 - Regulations for Yards, Access, and Secondary Suites by Kelly Grant at Maxwell Devonshire Realty

Are you looking to sell your home and wondering what is required to achieve municipal compliance? Are you looking to tear down and get permits to build and develop a new home? Are you looking to legalize an existing or new basement suite? These are important questions that require clear answers before homeowners and homebuilders proceed with a development or acceptance of an offer to purchase. Sellers, upon listing their property, should ask their REALTOR® for ideas and techniques to ...
posted in General at Mon, 16 Nov 2009 18:56:45 -0700

Thursday, November 12, 2009 - Foreclosures, Court-Ordered Sales, Estate Sales, and Days on Market - by Kelly Grant, REALTOR

Many investor Buyers are often looking for great deals on foreclosures, court-ordered sales, estate sales, and listings with high days on the market. There are key things all Buyers need to know before focusing on these specific categories: (1). Foreclosures occur primarily when a property owner defaults on a mortgage payment or other related bills tied to the property. When a bank takes over a foreclosure, it is often a lengthy process whereby the property owner at any time prior to a sale ... Full Article...
posted in General at Thu, 12 Nov 2009 09:39:29 -0700

Wednesday, November 4, 2009 - Selling First vs. Buying First - by Kelly Grant at Maxwell Devonshire Realty

If you are a current homeowner looking to make a move, in addition to selecting the best REALTOR® available, your next biggest decision will be whether to sell first and then buy or buy first and then sell. Supposing you decide to sell first before buying ? what are the risks, ramifications, and benefits? Below are some important considerations: (a). BENEFIT ? You would not buy until you know how much your current home has sold for. (b). BENEFIT ? You would have the security of knowing your ... Full Article...
posted in General at Wed, 04 Nov 2009 15:38:48 -0700

Wednesday, October 21, 2009 - The Dangers of Buying a Foreign-based Timeshare or Vacation Home - by Kelly Grant, REALTOR

With devastated foreign economies edging towards a potential freefall, many Albertans with disposable income are contemplating the possibility of scooping up timeshares or vacation homes at reduced rates. Before you embark on this risky venture, below are ten important concepts to understand before buying a foreign-based timeshare or vacation home: (1). When buying in any foreign land, Buyers are advised to first be pre-qualified by a locally-based mortgage broker experienced with the lending ... Full Article...
posted in General at Wed, 21 Oct 2009 15:57:44 -0600

Tuesday, October 13, 2009 - Selecting the Best Mortgage Broker - by Kelly Grant at Maxwell Devonshire Realty

Buying a house, condo, or acreage is a big investment and most first-time Buyers will likely need some type of mortgage assistance to finalize their purchase. Hiring a good mortgage broker can be almost as important as selecting a good REALTOR®. Below are ten important groups of factors to consider and analyze (along with questions you should ask) when selecting a good mortgage broker:(1). How available will the mortgage broker be for you? Is your call returned as soon as possible or will you ... Full Article...
posted in General at Tue, 13 Oct 2009 14:26:08 -0600

Wednesday, October 7, 2009 - Buying a Multi-Family Commercial Building - by Kelly Grant at Maxwell Devonshire Realty

Owning an apartment building or 4-plex can be an exciting prospect, but does one have what it takes to become a successful landlord? Below are 20 important considerations one should understand and discuss in detail with their REALTOR® before embarking on this new and exciting venture: (1). Have you been recently pre-approved for financing with a commercial mortgage broker and for what amount? Since the recent economic downturn, it has proven to be more difficult for investment Buyers to obtain ... Full Article...
posted in General at Wed, 07 Oct 2009 18:12:15 -0600

Wednesday, September 30, 2009 - Tips for All Levels of Condo Buyers - by Kelly Grant at Maxwell Devonshire Realty

Think buying a condo is easy? Guess again - buying a townhouse, attached bungalow, or apartment-style condominium in many ways is more complicated and requires more attention to detail than buying a single-family house. In addition to buying the suite, a Buyer is also purchasing common property divided among all unit owners based upon the assigned unit factor (out of 10,000) in the complex. Below are 10 important considerations every condo Buyer should discuss with their REALTOR® in advance ... Full Article...
posted in General at Wed, 30 Sep 2009 16:40:53 -0600

Thursday, September 24, 2009 - Buying a Vacant Residential or Commercial Lot - by Kelly Grant at Maxwell Devonshire Realty

Buying a lot and building a new home can be exciting, but whether one is a builder or a single homeowner below are some important items one should always discuss in advance with their REALTOR® before making an offer to purchase on a vacant lot:(1). Is GST included in the advertised list price or is it payable and redeemable as a future tax rebate? For futher information on this topic, because Government rules and regulations change as time progresses, one should speak with a certified tax ...
posted in General at Thu, 24 Sep 2009 14:10:19 -0600

Wednesday, September 9, 2009 - The Importance of RPR and Compliance - by Kelly Grant at Maxwell Devonshire Realty

A commonly heard term in real estate: ?Buyer to accept the property as-is, where-is ...?, but how does this relate to Real Property Report (RPR) and Compliance issues? [Background: an RPR is constructed by a certifed land surveyor where they chart structures and dimension in relation to the property boundaries; Compliance is a stamp issued by the municipality after review of the RPR is complete and once all of the non-conforming or non-compliance issues are noted or addressed]. Below are ...
posted in General at Wed, 09 Sep 2009 11:32:50 -0600

Thursday, September 3, 2009 - Tips to Make Your Next Move Go Smoother - by Kelly Grant at Maxwell Devonshire Realty

Moving sounds easy - call up a mover, load up the truck, and you?re off, right? Wrong - there are many important details you might have overlooked but must be handled in advance to make sure your next move is a success:(1). Plan out everything weeks or months in advance, starting with selecting the right mover. Call up various movers in the Yellow Pages, and also ask family, friends, or the Better Business Bureau for referrals of good companies. Questions to ask movers: rates, availability, ... Full Article...
posted in General at Thu, 03 Sep 2009 15:03:30 -0600

Monday, August 31, 2009 - My Top Ten Reasons not to Buy without a REALTOR - by Kelly Grant at Maxwell Devonshire Realty

When it comes to buying property, Buyers should always research and hire a professional REALTOR® who will provide the best possible service and advice. Below are ten important reasons why no one, regardless of their level of experience, should ever attempt to buy a property offered For Sale by Owner without REALTOR® representation:(1). Risk of entering a dangerous situation with a For Sale by Owner (FSBO) Seller one has not met and do not know their past personal history (i.e. is this Seller ... Full Article...
posted in General at Mon, 31 Aug 2009 11:15:55 -0600

Thursday, August 27, 2009 - So you want to Buy an Acreage? - by Kelly Grant at Maxwell Devonshire Realty

Buying an acreage is not without its complications - below are my top ten important risks that must be successfully negotiated and mitigated by any Buyer (recommended while using their REALTOR®) before finalizing an acreage purchase:(1). Is the applicable GST on land included in the purchase price and the responsibility of the Seller once money is received? (2). Do you know the relevant County Bylaws and Zoning Restrictions for this parcel as well as nearby and adjacent parcels (including: road ... Full Article...
posted in General at Thu, 27 Aug 2009 13:02:51 -0600

Sunday, August 23, 2009 - Risks of Buying a Brand-New Home - by Kelly Grant at Maxwell Devonshire Realty

Most Buyers who buy a new home direct from a builder do so without knowing and understanding the additional risks involved. Below are my top five risks to successfully mitigate when buying a brand-new home vs. a pre-owned home:(1). Financial Risks: The list price advertised sometimes fails to mention the 5% GST that is always applied to new homes and raw land (but rarely or never applied to pre-owned homes). Also, usually extra costs must be incurred by the buyer of a brand new home after ...
posted in General at Sun, 23 Aug 2009 07:59:52 -0600

Wednesday, August 19, 2009 - The Importance of a Property Inspection - by Kelly Grant at Maxwell Devonshire Realty

Many inexperienced Buyers mistakenly believe they have the knowledge and expertise to know what is right or wrong with a property from a simple viewing walkthrough. These same Buyers believe they can save $500 to $1000+ by simply not having the inspection. The problem with this approach, however, is ?what you do not know can hurt you?. Below is a list of potential problems with a home that can be identified during a property inspection but are not always ascertainable by viewing:(1). The ...
posted in General at Wed, 19 Aug 2009 21:13:41 -0600

Monday, August 17, 2009 - Why Assumable Mortgages should be Avoided - by Kelly Grant at Maxwell Devonshire Realty

Many Sellers believe that allowing and marketing for Buyers to assume their mortgage will increase the chances of their home being sold. The problem with this theory is that it takes money to buy and money must come from somewhere. Below are my Top 5 Risks to Consider if Allowing your Mortgage to be Assumed:(1). Banks often require that high-ratio mortgages have Seller accept personal liability for default.(2). Banks often refuse to allow Buyers to assume the mortgage (e.g. due to bad credit ... Full Article...
posted in General at Mon, 17 Aug 2009 08:38:57 -0600

Thursday, August 13, 2009 - How to Select a Good Real Estate Lawyer - by Kelly Grant at Maxwell Devonshire Realty

Hiring a good real estate lawyer in many cases can be almost as important as hiring a good REALTOR®; a good real estate lawyer can provide outstanding advice and service on the following (but not limited to) topics on a sale or purchase:(a). Real Property Reports and Compliance (including dealing with encroachments, encumbrances, permit issues, negotiating with the municipality, application of Statutory Declarations for older but current documents, etc.) and dealing with title insurance (and ... Full Article...
posted in General at Thu, 13 Aug 2009 13:06:52 -0600

Tuesday, August 11, 2009 - My Top Ten Reasons not to Sell without a REALTOR - by Kelly Grant at Maxwell Devonshire Realty

When it comes to selling property, Sellers should research and contact a quality full-service REALTOR® who will provide a detailed home evaluation followed by the listing, quality professional advertising, and eventually the sale for the highest amount the market will generate. As an experienced REALTOR® knowing the value of REALTORS® and MLS® I would not sell any property I own without MLS® exposure using a quality full service REALTOR® and neither should you. Below are my top ten reasons why ... Full Article...
posted in General at Tue, 11 Aug 2009 16:30:00 -0600

Thursday, August 6, 2009 - Buying on a Golf Course? Lookout - FORE! - by Kelly Grant at Maxwell Devonshire Realty

Over my career I have had more than a few clients who thought it would be really nice to live right on a golf course. While this has some definite advantages such as great views and winter tranquility, there are some real risks Buyers must be aware of.For starters, for any Buyer that is not a knowledgable golfer, my advice when buying on a golf course is to find a good REALTOR® who is a very knowledgeable golfer (such as myself) to get a good handle on the risks of buying in a certain location ... Full Article...
posted in General at Thu, 06 Aug 2009 14:29:57 -0600

Thursday, August 6, 2009 - Legalizing a Basement Suite in Edmonton - by Kelly Grant at Maxwell Devonshire Realty

As a REALTOR® with very good experience on both residential and commercial investment properties, I often get questions from investor clients on the topic of basement suites. Below are Five Steps Required to Legalize a Basement Suite in the City of Edmonton (note: what is supplied in this article is general information only; municipal Bylaws may be subject to change at any time, and readers are encouraged to contact the appropriate municipality for any specific related questions they have):Step ... Full Article...
posted in General at Thu, 06 Aug 2009 11:30:45 -0600

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