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Edmonton Web Homes

Edmonton's Advanced Marketing REALTORS®

The Edmonton Real Estate Blog, Market Information, Advise & Opinion

 
 

Audrey Abuan & Mike Muranetz have sold another property in Terwillegar Towne, Edmonton.

 
1840 Tufford Way, located on a super quite street in the heart of Terwillegar Towne walking distance to the popular Terwillegar Recreation Center, perfect for families! As you step into this meticulous home from the country veranda, you are greeted in the foyer with a main floor open concept featuring a massive living room with large windows to let in the sunlight. Keep warm in the winter by the cozy fire place in the living room and cool in the summer with central AC. The gourmet kitchen includes upgraded stainless steel appliances, gas stove and large island. The spacious and bright dining area is perfect for family dinners with a view of the fully fenced, landscaped yard. This well kept home is smart wired, comes with a central vac, and features spacious walk in closet, en-suite bathroom with jetted tub in master Bedroom, custom laundry chute, back mud room and a bonus loft area. This 2 Storey, 4 bedroom, 4 bathroom home is perfect for every family and also has a warranty on the recently professional finished basement. Sorry this georgeous home in South Terwillegar is now sold for asking price in less than a week.
 
 
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We have listed a new property at 503 10606 102 AVE in Edmonton.
Beautiful penthouse loft condo!!! Located in a pet friendly complex, this well maintained, top floor, 2 bedroom home has plenty of great features. The kitchen has modern design maple cabinetry, all black appliances including microwave hood fan, breakfast bar/nook area then ceramic flooring throughout kitchen and dining area. Opened area has soaring 18 ft. ceiling, bright windows with custom Hunter Douglas blinds & patio doors leading to the west facing balcony. Upstairs, the loft has cozy gas fireplace with access to the terrace. Entertain family and friends on this exclusive 300 sq. ft. roof top area with exceptional downtown views. This home also comes with insuite laundry & underground heated parking stall. The Monaco II is close to Grant MacEwan College, Rogers Place, LRT, nightclubs plus the best dining which this city has to offer. Located in a prime downtown location for the most discriminating urbanite, this home should be ranked number one on your must see list! Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
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We have listed a new property at 11212 78 AVE in Edmonton.
Welcome to our meticulously custom designed Western Living Dream home. This twenty-first century two-storey split has been constructed with uncompromising quality and is simply stunning. Every square inch of this home was created ingeniously for simplicity and elegance including high ceilings, granite counters, built-in shelving and hardwood floors. The basement offers a legal 2 bedroom suite, developed for residual income, with a separate entrance, high ceilings, maple kitchen with breakfast bar, ensuite laundry & central vac, bedrooms with ample storage space and more. There are 2 separate stairwells which lead to the upper floors. The first stairway to the main living area w/3 bedrooms and the second to a custom sound music room with quiet rock drywall for maximized sound proofing. This room is perfect for an office or could be converted into a 6th bedroom. Located in the heart of McKernan, walking distance to the University of Alberta, this home is a great real estate investment. Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
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Audrey Abuan & Mike Muranetz have sold another property in Schonsee, North Edmonton.

 
Welcome to 7040 174 Avenue in Schonsee Edmonton. This open concept home is in mint condition with upgraded cabinets, crown moldings, 36" upper units, spacious corner pantry, stainless steel appliance, a gorgeous elongated island with an extended eating bar, pot & pan drawers, a gourmet range vent and granite counters. The beautiful dark hardwood flows through the main floor with ceramic tile by the spacious mudroom near the garage entrance. Upstairs offers 3 large bright bedrooms with a walk-in closet w/window and a five piece ensuite in Master. This two-storey home also comes equipped with upper floor white front load washer & dryer and is decorated with custom Hunter Douglas Blinds. Outside offers a place to get away from city life and enjoy lounging on your back deck with a scenic view of mother nature's natural landscape.
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Audrey Abuan & Mike Muranetz have sold another property in Athlone, North  Edmonton.

Property Photo: 13116 133 ST NW in Edmonton
Congratulations Kimberly and Josh on the sale of your home! This beautiful 3 bedroom bungalow is perfect for a first time buyer to begin their home ownership dream. The stylish open concept, upgraded kitchen features rich mocha cabinets with soft close doors and drawers, newer counter top, mosaic back splash, and appliances including built in dishwasher. In addition to the open floor plan, there`s plenty of storage throughout, spacious bedrooms, hardwood floors, ceiling fans, and a large laundry room. Other upgrades in this property include new wiring, windows, and the cutest bathroom ever with with newer flooring, toilet, vanity, storage cabinet, and deep soaker tub! Outside offers a large backyard with deck, low maintenance chain link fence with privacy slats, custom paved stone sidewalks, large double detached garage with drive way, and storage shed.
 
 
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Edmonton Principal Residence Exemption

Edmonton Principal Residence Exemption image

Just in from the Canadian Real Estate Association (CREA) newsletter. For the 70% of Canadians (including us Edmontonians) who own a home, it is a place to live, raise a family, and connects them to their community. Due to Canada’s tax system’s Principal Residence Exemption, when we sell our homes, any increased value or “capital gains” are not taxed. This tax break matters to Canadian homeowners. Collectively, we have about $3 trillion in home equity and our homes are often our largest financial asset.

However, starting with 2016 income tax returns, there are some changes in how homeowners qualify for the Principal Residence Exemption. Until now, the Canada Revenue Agency has not required Canadians to report on a home sale during a tax season. However, if you sold your Edmonton home in 2016 or later, you will need to complete a Schedule 3, Capital Gains of the T1 Income Tax and Benefit Return in order to report your sale.

The good news is that, in terms of taxes, nothing has changed. The same tax benefit is available to anyone who sells their home, provided the property was the principal residence for every year you owned it – even if you use part of your home for business purposes. There is no “new tax” involved, only a requirement you report the sale details on your tax returns.

 

As always, talk with your accountant. The small fee you pay for professional help can easily outweigh the mistake you do if filled out by yourself by either not getting a deserved refund or worse by having to pay back more taxes. 

If you need more clarification, please get a hold of us thru our contact page


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Another Home SOLD at 18152 81 Street, Edmonton


Another one SOLD by Audrey Abuan & Mike Muranetz with RE/MAX Real Estate. A perfect home for a young family. This 3 bedroom offers a completely renovated kitchen with high quality cabinetry, soft close drawers, Magic Chef stainless steel appliances including microwave hood fan and dark counter tops. The main floor features a large foyer, wood burning ceramic tiled fireplace, real light oak hardwood flooring, large patio window to the fenced back yard with a covered deck, perfect for year round BBQ's and a renovated bathroom with dual flush toilet. Upstairs offers 3 bright bedrooms with newer vinyl windows, ample closet and storage space and another spa like bathroom. The basement of this home is fully finished with a large family room, laundry area and more storage. Both the furnace and hot water tank have been upgraded. Pet friendly complex, Cedar West is professionally managed and conveniently located between Whitemud Drive & West Edmonton Mall. Walking distance to Aldergrove Elementary, Thorncliff After School Care, community restaurants and other amenities. Was listed at $212,800. 

 

Have a west condo you want sold?

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We have listed a new property at 106 10345 123 ST NW in Edmonton.
Picture perfect! Welcome to one of the largest units in Royal Oak III, Oliver Edmonton. This fully renovated, private 2 bdrm 1.5 bath end unit is one of a kind. From the main entrance stepping down the well kept shared hall, you pass the conveniently located shared laundry room. Step in the door for your Suite #106 you know you've come home. Everything has been done for you. Enjoy your time in this modern kitchen to your right, with space saving over the range microwave, all newer appliances & cabinets as well. Share a meal in the spacious dinette or enjoy the bright living room, accented with LED lighting. Down the hall you'll find a 2nd bedroom, then down the hall, separated by a fresh 4 piece bathroom, large storage room, & closets, you reach the large master retreat with Ensuite. With Grant Mac, Arena & Brewery District close & Only one block away from 124th St, said to be Edmonton's most vibrant shopping, fine food & arts district, why wait? Move in Today!
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Line 369 – Edmonton Home Buyers Income Tax Credit

Canada Revenue Income Tax Credit imageDid you just buy your first home in 2016? Well, you can claim up to $5,000 (cha-ching!) for the purchase of a qualifying home in 2016 if both of the following apply:

- you or your spouse or common-law partner bought a qualifying home; and
- you did not live in another home owned by you or your spouse or common-law partner in the year of acquisition or in any of the four preceding years (first-time home buyer).



How cool is that? That $5,000 (cha-ching again!) taken off your gross income will be like money in your jeans. To get full details, go to Canada Revenue's website THEN talk to your accountant. Don't forget to share with all your first time buyer friends. 

Edmonton couple buying their first home in 2016 image

If you don't have an account, let us know and we can recommend an excellent one. Did this help with your 2016 personal taxes?

 
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Please visit our Open House at 3004 132 AVE in Edmonton.
Open House on Saturday, March 18, 2017 2:00PM - 4:00PM No
Located between Clareview Campus and Hermitage Park, this home sits on a huge piece of land, perfect for anyone in need of R.V. parking, wanting to build a triple garage or loves to garden. This 2 plus 1 bedroom bi-level offers an open concept floor plan on the main floor with modern grey laminate flooring and ceramic flooring for easy house maintenance, an updated bathroom, glass encased stairwell, a kitchen with a custom made breakfast bar and a dining nook. In the basement, there is a bright large second family room with new windows, a second bathroom, the 3rd bedroom and a huge utility room with a newer furnace and hot water tank. Within a five minute commute is the family oriented River Hermitage Park, several great walking trails, Sobeys, Walmart, Tim Hortons, Bulk Barn, Canadian Superstore, EMSA North, Public Library, Indoor Swimming Pool and the fitness recreation center. Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
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Keeping the Heat in Your Edmonton Home

 Keeping the heat in image

What Is Retrofitting? Retrofitting a house is simply upgrading it so that it will keep the heat in. This means adding insulation, caulking and weatherstripping, improving or replacing windows and doors, and improving the heating system. Retrofitting also means including energy-efficiency measures in all your renovation and repair activities. In our Edmonton climate, retrofitting usually makes a lot of sense. This book tells you how to go about retrofitting your Edmonton house. It deals with houses of all kinds in all parts of Canada. It does not deal with apartment or commercial buildings, although some of the information presented here may be useful. This book is designed to serve both the experienced do-it-yourselfer and the novice willing to give it a try. It is also a useful consumer guide for homeowners who intend to hire a contractor to undertake retrofit work. If you want a copy, just email us or comment below and well send you a .pdf copy.....free. If you want an actual book, let us know and we'll get it to you either in person or thru Canada post. Do you have any friends who could use this to save few bucks on your heating??


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Quest for Excellence Grade 12 Bursary Program

Edmonton REMAX Quest for Excellence Grade 12 Bursary image

Just a reminder our Quest for Excellence Bursary program closes this Monday March 13th at midnight! All grade 12 students in Western Canada INCLUDING Edmonton are eligible including grade 12 students of RE/MAX affiliates.
 
RE/MAX of Western Canada has renewed the Quest for Excellence bursary program. This year RE/MAX is once again offering (16) $1,000 bursaries for a total of $16,000 to grade 12 students.
 
This program was established by RE/MAX of Western Canada to recognize the success and ongoing pursuits of Western Canadian students in regards to leadership and community contribution initiatives. Go to RE/MAX Western Canada and apply. Any questions, reach out to us on our contact page. Good luck!
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We have listed a new property at 3004 132 AVE in Edmonton.
Located between Clareview Campus and Hermitage Park, this home sits on a huge piece of land of almost 3/4 of an acre, perfect for anyone in need of R.V. parking, wanting to build a triple garage or loves to garden. This 2 plus 1 bedroom bi-level offers an open concept floor plan on the main floor with modern grey laminate flooring and ceramic flooring for easy house maintenance, an updated bathroom, glass encased stairwell, a kitchen with a custom made breakfast bar and a dining nook. In the basement, there is a bright large second family room with new windows, a second bathroom, the 3rd bedroom and a huge utility room with a newer furnace and hot water tank. Within a five minute commute is the family oriented River Hermitage Park, several great walking trails, Sobeys, Walmart, Tim Hortons, Bulk Barn, Canadian Superstore, EMSA North, Public Library, Indoor Swimming Pool and the fitness recreation center. Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
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Audrey Abuan & Mike Muranetz have another SOLD a property in Tamarack, south  Edmonton.

Property Photo: 3605 12 ST in Edmonton
Amazing 4 bedroom, 4 bathroom property available in the desirable community of Tamarack. This well built Homes by Avi property is walking distance to A. Blair McPherson K-9 school, shopping, restaurants gym facilities including Goodlife, SpaLady AND the new Meadows Rec Center. This 2 storey features 3 bedrooms upstairs including a very large master suite with walk-in closet and ensuite! Features of this home include a high efficiency furnace, a US 48 gallon hot water tank, central air condition, garbarator, breakfast bar, 90% completed basement with 4th bathroom. Outside oversees a firepit for family gatherings, a fenced and landscaped yard and back alley access to a double garage. A perfect home for any growing family! This Tamarack Edmonton house is now sold.
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6004 30 Street Rural Leduc County Sold in 28 Days

 

Welcome to 6004 - 30 Street, an executive house in the prestigious Royal Oaks subdivision five minutes south of Edmonton. This air conditioned modern home built in 2013, offers over 5500 sq. ft. of living space, triple garage, 6 bedrooms, 5 bathrooms, balconies in Master & upstairs Bonus Room and a legal basement suite with separate entrance. Walking through the stunning entrance way, you're met with a grand foyer and soaring coffered ceilings leading to the glass stairway which over looks the main living area. Upstairs is your Master of all Masters, with a closet for him, massive closet/dressing area for her and a five piece oasis ensuite. The fully finished basement of this impressive property features a colossal flex room with bar, plenty of storage and an open concept two-bedroom suite with own & separate laundry, perfect for extra income. Outside is your own private getaway featuring almost a third of an acre, above grade swimming pool, backing onto green space. Fabulous location! Immaculate home! Was priced at $850,000.


Would you like your home presented like this?

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We have listed a new property at 6406 178 ST NW in Edmonton.
End unit two bedroom bi-level home in Ormsby Place located across from the popular Callingwood Shopping Center and minutes from the Jamie Platz Family Recreation YMCA, Public Library and the Twin Arenas. This home has plenty to offer including an open kitchen, dining area with patio doors to a covered balcony perfect for BBQ's, spacious family room for entertaining friends, plenty of storage space and two large bedrooms with newer windows and one parking stall only steps from unit. Tanglewood is a very well managed, pet friendly complex and offers plenty of visitor parking.
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How a Buyer's Agent Represents Your Best Interests

Purchasing a home is about making a commitment to living in the same property with a long term mortgage to a financial institute. If there are mistakes made with the home purchase, you can not go back and return the property to the sellers. In the event of major defects by a home seller a home buyer may be able to sue the seller and demand that they take the home back. The buyer may be able to recover money from the home seller assuming they have money to give back to the buyer.

In a normal real estate transaction, there are usually 2 transactional parties (the Buyer&the Seller), 2 lawyers (Buyer's Lawyer&Seller's Lawyer) and 2 Real Estate Agents (the Buyer's Agent&the Seller's Agent). Sometimes there is only one real estate agent who is representing both the buyer and the seller. This practice has become less common for several reasons. Whether you are purchasing a for sale by owner property or a home listed by RE/MAX Real estate, there are several benefits of having your own representation including privacy in which Sellers don't know anything about your finances (except, you have your pre-approval in tact) or anything personal which could be used as a negotiation threshold to their advantage. To find out more how a buyer's agent works in your best interest, contact us today.

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Audrey Abuan & Mike Muranetz have SOLD another property in Kilkenny, North Edmonton.

 
 
Perfect family home. This nice 3+2 bedroom, 2.5 bathroom family bungalow is located in Kilkenney. Large living room has cozy wood burning fireplace and plenty of light with large windows. The beautiful kitchen has newer cabinets which provide loads of storage space and matching appliances. Master bedroom has convenient 2 piece ensuite while the other 2 upstairs bedrooms are a good size. Fully finished basement offers a family room with second fireplace, 2 more bedrooms, laundry area with storage and 3 piece bathroom. Other features are newer furnace, some newer windows, laminate flooring renovated main bathroom. Out back is large yard with mature trees and double detached garage. If you are looking for a family home with 5 bedrooms in a family neighbourhood, this should be ranked number 1 on your must see list.This 5 bedroom house in Kilkenny is now sold.
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14919 81 Street Edmonton Foreclosure Sneak Peak


Interested? Soon to be on the market. Call us direct Audrey 780-910-5179 or Mike 780-242-5229 or thru our contact page.

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Has the Edmonton Real Estate Market Crashed?

Has Edmonton YEG Real Estate Market Crashed image

 

I was chatting with a potential seller yesterday and he was told by two other real estate agents the Edmonton Real Estate Market crashed. I was a bit surprised by this statement, so to clarify what is really going on with our market.

The real estate market in Edmonton is soft. There are more than the average number of homes on the market, creating more property choices for buyers and keeping sellers competitive. However, Edmonton and surrounding area house prices are still holding and by no means has "crashed".

Now is great time for a first time buyer and investors to invest in condominiums. We currently have a surplus of condominiums in Edmonton, and all "real estate educated" condo home owners, know they have plenty of competition, thus creating more flexible terms and possession for new buyers.

 

Tell us what YOU think is happening to Edmonton's Real Estate market

 

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