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2017 1st Quarter Real Estate Market Report for Central Alberta

--> Red Deer sees a slight decrease in listings and slight decrease in Sales compared to same quarter last year. But a strong showing of sales over $500,000.

** Blackfalds sees a 15% decrease in listings and 24% increase in overall sales. The majority of sales coming from Listings under $400,000, the $500,000 market also showing signs of life.

** Lacombe shows a slight increase in listing inventory but sales at a 32% increase show good things are happening, Lacombe's $400-$499 market picking up as well while listing sales over $500,000 continue to be slow

** Sylvan Lake also shows a slight increase in listing inventory but again positive 30% increase in sales and some much

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→ This past March single family homes in Red Deer had 76 sales and 204 new listings. The same month in 2016 had 71 sales with 272 new listings.

** This is good news as it shows we are heading towards a more balanced market. The average sale price in the month of March was $339,336 with 77 days on market compared to March 2016 which was $334,859 in 84 days.

** This is a positive trend moving forward as days on market are decreasing and sale prices are increasing.

→ Similarly Sylvan Lake saw 35 sales in the month of March with 58 new listings and March 2016 had 24 sales and 63 new listings.

** 2017 showed 121 days on market for a sale compared to the same time last year with 112 days on market however the 2017 average sale price was

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→ This week our Special Community Guest is Ridgeline Canada. Ridgeline Canada has been providing integrated and innovative Environmental and Waste Management Services in Western Canada since 1999.

 *** Phase I Environmental Site Assessments (ESAs) are a systematic screening tool used by the oil and gas industry to make informed decisions on the Environmental Liability associated with a specific property.

 → The Phase I ESA does not involve intrusive procedures. Sampling and analysis of soil, groundwater, or building materials is not carried out as part of the assessment. 

 *** The role of the assessor is to document evidence of actual or potential contamination and not to judge the acceptability of risks associated with such contamination.

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→ This week our Special Community Guest is Ridgeline Canada. Ridgeline Canada has been providing integrated and innovative Environmental and Waste Management Services in Western Canada since 1999.

*** Phase I Environmental Site Assessments (ESAs) are a systematic screening tool used by the oil and gas industry to make informed decisions on the Environmental Liability associated with a specific property.

→ The Phase I ESA does not involve intrusive procedures. Sampling and analysis of soil, groundwater, or building materials is not carried out as part of the assessment. 

*** The role of the assessor is to document evidence of actual or potential contamination and not to judge the acceptability of risks associated with such contamination.

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Don Halsey from Modern PURAIR Educates Us On The Importance of Cleaning Your Ducts.

** We take in stale air every single day

--> Dust particles, odours, molds, stale, hair, dead skin follicles are trapped in your ducts

** 50% of all illnesses are caused and aggravated by breathing in our air

--> How often should you clean your ducts? Every 2-3 years

Why Modern PureAir?

--> Western Canada’s largest indoor air quality company, cleaning duct work in thousands of commercial buildings and residential homes

** Can clean almost any type of duct - remove the dust, dander, pollen, doors, and allergies and dirt

** Proper training and have modern portable technology

** Eco-friendly and minimal noise

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Why a Smelly House May Not Be a Deal Breaker..

-- Have you ever heard of an Ozone Shock Treatment? Dustin, Steve & Dan from A Buyers Choice Home Inspections - Red Deer, Alberta explain how an Ozone Shock Treatment could help you and your home.

** Ozone Shock Treatment, when done properly, is a safe and effective way to permanently deal with unpleasant odors in the home, vehicle or RV. It can also eliminate most bacteria and viruses on contact, making it a perfect solution to a "sick building".

-- Ozone, at high concentrates can be used to permanently remove any odor from second hand smoke, cooking odors, fire damage, musty smells, pet odors, even skunk.

** The idea is to hit the area with ultra-high levels of ozone for 1-10 hours and

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-- This past February single family homes in Red Deer had 85 sales and 205 new listings. The same month in 2016 had 98 sales with 239 new listings. This is good news as it shows we are heading towards a more balanced market.

*** The average sale price in the month of February was $355,488 with 69 days on market compared to February 2016 which was $335,872 in 79 days. Not only has the average sale price increased homes sold an average of 10 days faster.

-- Similarly Sylvan Lake seen 16 sales in the month of February with 49 new listings and February 2016 posting 14 sales and 62 new listings.

*** Both 2016 and 2017 showed 95 days on market for a sale, however, 2017 average sale price was $345,400 compared to 2016 with $319,791 – that’s an 8%

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Don Halsey from Modern PURAIR Educates Us On The Importance of Cleaning Your Ducts.

** We take in stale air every single day

--> Dust particles, odours, molds, stale, hair, dead skin follicles are trapped in your ducts

** 50% of all illnesses are caused and aggravated by breathing in our air

--> How often should you clean your ducts? Every 2-3 years

Why Modern PureAir?

--> Western Canada’s largest indoor air quality company, cleaning duct work in thousands of commercial buildings and residential homes

** Can clean almost any type of duct - remove the dust, dander, pollen, doors, and allergies and dirt

** Proper training and have modern portable technology

** Eco-friendly and minimal noise

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--> To get maximum exposure for your home, you must have a huge presence on the internet.

** But keep in mind, it is not just about being blasted all over the internet, but it’s how you are advertised as well.

** To make sure your internet advertising is effective and you are not losing any opportunities, you must have amazing professional photography.

--> You want to make sure that your realtor takes social media marketing extremely serious as it is a major marketing tool. Keeping up to date in the marketing world is crucial.

** Our advertising is strategically planned, tried, tested and proven.

We take every necessary step to ensure we do not miss any opportunities.

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