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New property listed in Washington Park, Regina

We have just listed this great property at 916 Argyle ST in Regina.
Welcome to 916 Argyle Street in the Washington Park neighborhood close to Sacred Heart community school, Herchmer park and many restaurants and convenience stores. This BRAND NEW 5 bedroom, 4 bathroom, 2 storey home is 1,272 square feet, has a fully finished basement and sits on a 25’ by 125’ foot rectangular lot with an asphalt lane behind. The exterior is finished with acrylic stucco and includes a complete exterior insulation house wrap--bringing the total R-value over R27. The front yard has a lush lawn, the backyard also has a lawn and with a deck, a patio area, is partially fenced and has a double concrete drive which can be used for a future 20’ x 24’ garage that can also be built for a buyer, if desired, at an additional cost. You enter the home into the living room with modern vinyl plank flooring and a bright east facing window. The open concept flows into the kitchen with an island, quartz countertops, tile backsplash and an included stainless steel fridge, stove, dishwasher and microwave hood fan. The dining area has space for a kitchen table and access to the backyard. Off to the side is a convenient 2 piece bathroom. The furnace room is neatly hidden on the main level and includes the owned furnace, water heater and HRV. Upstairs the first stop is the primary bedroom with a 3 piece ensuite bathroom and a large walk in closet. The included Samsung front load washer and dryer are tucked behind closet doors. There are two more bedroomsbedrooms on this floor as well as a 4 piece bathroom. The basement is fully finished with a rec room, 2 more bedrooms and another 4 piece bathroom. House is built on piles, complete with a structural basement slab. This home also features central air conditioning as well as GST and PST are included in the price.
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Sealing the Deal: The Surprising Key to Homebuying Success

While the art of negotiation is essential in any real estate transaction, some buyers tend to "nickel and dime" during the process. In this blog post, I'll explain why buyers should refrain from this approach and how it can impact their chances of securing their dream home.

Understanding "Nickel and Dime" Negotiations

"Nickel and diming" refers to the practice of excessively haggling over minor details during the offer negotiation stage. It involves requesting numerous small concessions from the seller, often with the intention of reducing the purchase price or gaining additional benefits at the seller's expense. While it's natural for buyers to want the best deal possible, pushing too far can have unintended consequences.

Building a Strong Relationship

In the world of real estate, a successful transaction is often built on trust and a positive relationship between the buyer and seller. When buyers approach negotiations with a "nickel and dime" mentality, it can create tension and strain the relationship with the seller. This, in turn, may lead the seller to favor other potential buyers who are more reasonable and cooperative.

Risking the Deal

Negotiation is a delicate dance, and overzealous demands can easily backfire. A seller who feels like they are being taken advantage of or pushed too hard may become disinterested in negotiating further. They may even reject the buyer's offer altogether, opting to work with another buyer who demonstrates more flexibility and understanding of fair market value.

Losing Out on Value-Adding Opportunities

While focusing on price is important, buyers should also consider the overall value of the property and potential opportunities it presents. By solely concentrating on squeezing the price down, buyers may miss out on potential value-add opportunities, such as including specific items of personal property in the sale, negotiating favorable closing timelines, or getting some repairs covered by the seller.

Reputation Matters

Real estate is a small world, and industry professionals often interact with each other on multiple occasions. Pushing too hard during negotiations can earn a buyer a reputation for being difficult to work with. This could make other agents less enthusiastic about showing them properties or working on their behalf in the future.

Appraisal Complications

Nickel and diming can lead to an offer price that is well below the property's market value. While this may seem advantageous to the buyer, it can backfire during the appraisal process. Appraisers consider recent comparable sales to determine a property's value, and if the offer price is significantly lower than those comparables, it may lead to challenges in securing financing.

Effective Negotiation Strategies

Instead of focusing on nickel and diming, buyers can adopt more effective negotiation strategies:

1. Do Your Research: Understand the local market and recent comparable sales to make a reasonable and competitive offer.

2. Identify Other Negotiation Points: Negotiation is more than just about price. Consider other factors like contingencies, closing dates, and inclusions to create a win-win situation.

3. Be Respectful and Courteous: Maintain a positive and respectful relationship with the seller and their agent throughout the negotiation process.

4. Work with a Skilled Real Estate Agent: Enlist the expertise of an experienced real estate agent who can guide you through negotiations and advocate for your interests professionally.

In conclusion, while negotiation is an essential aspect of buying a home, adopting a "nickel and dime" approach can be counterproductive. By focusing on building positive relationships, recognizing the value of the property, and employing effective negotiation strategies, buyers can increase their chances of securing their dream home without alienating the seller in the process.


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New property listed in Pilot Butte

We have just listed this great property at 799 1st AVE in Pilot Butte.
Welcome to 799 1st Ave., where luxury and versatility intertwine to offer your family the ultimate living experience. This truly unique home stands on an expansive .36-acre lot, providing ample space for your family to grow and thrive. In addition to the existing triple attached heated garage, there is a double detached garage/shop, perfect for your home-based business or hobbies. As you step through the front doors, prepare to be awestruck by the grandeur of the two-storey foyer, offering a captivating view of the entire home. To your right, you'll find a home office bathed in natural light. On your left, a convenient entryway closet, and the triple attached garage with 12' tall overhead doors and built-in storage. Adjacent to the garage, a well-appointed laundry area with ample cabinet space. The gourmet kitchen boasts an abundance of cabinetry, adorned with granite counters and stacked stone backsplash. Upgraded appliances and a practical sit-up bar elevate the culinary experience. The open-concept dining room and family room create a seamless flow, ideal for hosting gatherings and creating lasting memories. Step out to the south-facing deck, overlooking the manicured yard, where tranquility awaits. On the main floor, discover the primary bedroom, exuding elegance. The dream ensuite features a tiled shower and a luxurious soaker jet tub, perfect for unwinding after a long day. Two walk-in closets offer convenience and organization at its finest. Ascending to the upper level, you'll find a generously-sized bonus room, providing a versatile space for relaxation or play. Two huge bedrooms, each with its own walk-in closet, and shared Jack N Jill bath. The basement, boasting 9' ceilings and heated floors, offers a blank canvas for your personalized development plans. A reclaimed asphalt driveway and low-maintenance landscaping add to the appeal of this stunning property. Don't miss this extraordinary opportunity to call this your home, schedule a private tour today.
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New property listed in University Park, Regina

We have just listed this great property at 150 Houston RD in Regina.
Presenting an exceptional gem at 150 Houston Rd. located in the sought-after and family-friendly neighborhood of University Park. This splendid 1528 sq ft home is perfectly situated on a generous 6150 sq ft lot, which graciously backs onto open space, ensuring privacy and tranquility. Step inside and be greeted by the recent flooring and paint updates that have breathed new life into the main floor. The large living room provides an inviting space for relaxation and entertainment. The well-appointed kitchen boasts abundant cabinets, offering ample storage for all your culinary needs. Adjacent to the kitchen, a convenient dining area sets the scene for cherished family meals and gatherings. Ascending to the second floor, you'll discover 3 spacious bedrooms, each thoughtfully designed to accommodate the needs of a growing family. A 4 pc bath completes this level, providing a haven of relaxation and functionality. Venture down to the third (lower) level, where a large family room awaits, perfect for cozy movie nights or children's playtime. An additional bedroom and a 3 pc bath offer comfort and convenience, catering to the demands of a dynamic household. The finished basement presents a versatile space with a family room, utility, and storage rooms, providing ample room for all your cherished possessions. Outside, a sprawling two-tiered deck beckons, providing a picturesque setting for outdoor entertainment and leisure. The fenced yard ensures privacy and a secure space for children and pets to roam freely. The single detached garage and the spacious, exposed aggregate double driveway offer abundant parking options for your vehicles and guests. The home has undergone many updates in recent years, including siding, shingles, windows, paint, flooring, and more, ensuring a modern and well-maintained ambiance throughout. Don't hesitate; come see it today and make this extraordinary property your forever home!
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New property listed in Walsh Acres, Regina

We have just listed this great property at 18 Dewar BAY in Regina.
This home has been lovingly maintained and is nestled on an impressive 11,887 sqft lot on a quiet, low-traffic bay, and boasts a desirable location backing onto Litzenberger Park and the sports fields of both George Lee School and Saint Bernadette School. The main level features an inviting living room and dining room with hardwood floors and a kitchen that has a nook area for additional seating or that could serve as additional food prep space. Adjacent to the kitchen is an incredibly large pantry. Three bedrooms, a bathroom with air-jet tub, and another 1/2 bath ensuite complete the main level. Downstairs, you'll discover a generously sized rec room complete with a gas fireplace, which perfectly sets the stage for cozy evenings and gatherings. Additionally, a large den/workshop room offers versatility for various needs. There’s also a fourth bedroom, 3-piece bathroom and a dedicated laundry room on this level as well. The covered deck off the dining room provides the perfect spot for outdoor visiting and enjoying the beautiful views of the expansive backyard. There’s an oversized garage measuring at 26' x 24' that is insulated and has a heater that just needs reconnecting. It’s currently got a single car door but the option likely exists to convert it into a two-car door or keep it as is with a spacious work space. The wedge-shaped lot offers plenty of space for outdoor activities and features a garden area and an array of fruit trees, perfect for those with a green thumb or who simply enjoy spending time in nature. This property presents an incredible opportunity to own a delightful home with several of the big budget updates like windows, shingles, furnace and more already done. It’s set on a large lot with a fantastic location near schools, parks, and sports fields making it perfect for families and outdoor enthusiast alike. Don't miss out on the chance to make this house your home!
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New property listed in Glen Elm Park, Regina

We have just listed this great property at 1361 Bond ST in Regina.
**BRAND NEW SEWER LINE and FULL RE-POUR OF BASEMENT FLOOR!** One of the major benefits of this home is knowing that many “big ticket” items have been done! There’s durable metal roofing, an updated electric panel and a high-efficient furnace, and the aforementioned work to sewer line and basement so you can rest assured that those items are already taken care of. You'll also appreciate all of the small details that complete this home: many newer light fixtures and switches, some updated flooring, and an updated main bath with deep soaker tub and tile surround. The real show stopper though is the primary bedroom’s ensuite bathroom and walk-in closet – a luxurious addition made during a recent renovation. There’s a full basement here that has tonnes of potential for a new owner to develop, and what’s more, the big yard provides plenty of outdoor space for your family to enjoy year-round - making it great for barbecues or outdoor activities! This home also has excellent street presence with the mature trees out front and the welcoming front deck which, in warmer months, would be a great place to start the day with a cup of coffee or finish the day with your adult beverage of choice. Don't miss out on your chance to own this beautiful home– schedule a viewing today!
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New property listed in Lakeview RG, Regina

We have just listed this great property at 3143 MONTAGUE ST in Regina.
Welcome to 3143 Montague street in the beautiful lakeview neighborhood close to Prairie Sky school, Lakeview fine foods and many parks and green spaces. This 3 bedroom 2 bathroom, 1953 built, bungalow is 832 square feet and sits on a 40 by 115 rectangular lot. The front has a lawn with trees and shrubs. The backyard is partially fenced with a lawn, a nice deck with a pergola and access to the 22’ by 24’ double detached insulated garage. You enter home into the bright living room with a large west facing window and hardwood floors. Down the hall is the primary bedroom with a good sized closet, another bedroom and the main 4 piece bathroom. The kitchen had hardwood floors and access to the backyard. The fridge, stove, microwave hood fan and dishwasher are all included. Downstairs is a rental suite. The first thing you see is the shared laundry and utility room with an owned furnace, water softener and included washer and dryer. You enter the suite into the dine-in kitchen with modern linoleum floor and included stove, dishwasher, and microwave. Next is the contemporary 4 piece bathroom with tile flooring and tub surround, next is the living room with two windows and finally the bedroom. This home also features central air conditioning and an alarm system and a new (2022) hi-efficiency furnace!
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New property listed in Buena Vista

We have just listed this great property at N/A Rural Address in Buena Vista.
109 Acres of land located along the number 54 Highway at Buena Vista. Being zoned Future Urban Development, this land offers a multitude of potential future uses. From Agricultural crop production and horticultural uses, to Public works buildings, and structures including offices, warehouses, and storage yards. There is no shortage of permitted and discretionary uses, according the the Village of Buena Vista zoning by-laws. Call the listing agent for any questions you might have!
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New property listed in General Hospital, Regina

We have just listed this great property at 2305 Halifax ST in Regina.
Welcome to 2305 Halifax Street in the General Hospital neighborhood close to many local restaurants, convenience and just steps from the hospital. Perfect for people that work in the healthcare industry! This 3 bedroom 2 bathroom, 1920 built, 2 storey house is 1162 square feet and sits on a 25 x 100 rectangular lot. The front yard has some greenery and a double concrete driveway so you don't have to worry about street parking. The fenced backyard has trees, shrubs, a large garden area and an included shed. You enter the home into the porch where you can keep your jackets and shoes. Next is the living room with modern vinyl plank flooring that runs throughout the home. The cute sunroom is attached with french doors and has windows that look out the front of the house. The dining room has plenty of room for a table and chairs, is open to the kitchen with bar seating and has doors to the backyard. The kitchen includes the fridge, stove, microwave, microwave hood fan and dishwasher. Next is the basement that was poured in 1999 and has been newly renovated with modern paint and vinyl flooring. The rec room is spacious and would be perfect as another living area or games room. The laundry room doubles as a three piece bathroom and the washer and dryer are included. Upstairs, the first thing you'll see is two bedrooms. One is currently set up to be a walk-in closet. Next is the 4 piece bathroom and finally the primary bedroom. This home also features an alarm system.
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New property listed in Lumsden

We have just listed this great property at Dreamers Acres in Lumsden.
Near the town of Lumsden, 20 minutes north of Regina. This 2011 built, 2,906 square foot, two story walkout sits on 44 acres of beautiful private land that backs onto the Qu’appelle River. The front of the home has a large driveway leading to the double attached heated and insulated garage with an negotiable car lift and 14’ walls, as well as a double attached heated and insulated shop with 15’ walls. You enter the home into the foyer that flows into the living room that has a stacked stone gas fireplace. Off of the living room is the main 2 pc bathroom. The dining room has engineered hardwood floors and the kitchen has heated tile floor, a glass tile backsplash, an island with bar seating, also quartz countertops, contemporary hanging lights, tons of cupboard space and the stainless steel fridge, stove, dishwasher, microwave and hood fan are all included. The primary bedroom has windows that wrap around the room. The 4 piece ensuite has heated tiles, a deep soaker tub and a large shower with heated seating and a rain shower head. The walk in closet is attached. The primary also has access to the rear deck with a natural gas BBQ hookup and another door that adjoins the dining room. The two other spacious bedrooms on the main floor also have good sized closets and have jack and jill doors to the shared 4 piece bathroom. Upstairs the first room is the bonus room that is currently set up as a home theatre. Another bedroom and 4 piece bathroom finish off this floor. The laundry room is beside the garage door and doubles as a 2 pc bathroom with a sink, folding table, storage and included washer and dryer. The walkout ICF basement on a crawl space is huge. There is a dog room that leads to the large kennel outside. The beautiful 3 piece bath has stylish fixtures, vinyl plank floor and a glass shower. The living area has a rec area with a pool table and a wet bar ready set up. The basement level walks out to the rear deck with included hot tub.
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Regina Real Estate: A Snapshot of the Queen City's Property Market in June

In June, the real estate landscape of Regina painted an interesting picture. While the market witnessed a modest deceleration in sales compared to the same month last year, it remained a robust arena for property transactions, well above the ten-year average trends.

Regina reported 367 property sales this June, reflecting a near 10 per cent year-over-year decline. However, it's noteworthy that, despite this marginal dip, the sales volume still hovered over 11 per cent above the long-term decadal trends. This underlines the continued vitality and resilience of Regina's real estate sector, even amid shifting market dynamics.

The month of June also observed a simultaneous contraction in sales and new listings, resulting in inventory levels that mirrored the preceding month's statistics. The inventory in Regina's property market is nearly 30 per cent lower than long-term trends, hitting its lowest level for June since 2014.

With a scant 2.8 months of supply available, the Queen City's current market conditions are the tightest they've been in any June over the past decade. This squeeze in supply is a major contributing factor to escalating property prices. The benchmark property price in Regina reached $318,700 in June, seeing a modest rise from $316,100 in May.

However, when we turn our gaze to the overall average price, the upswing appears to be more noticeable. The average price across the city nudged up to $334,893 in June this year, reflecting an appreciable ascent from $320,084 in June of the previous year.

In summary, despite a minor slowdown in sales, Regina's property market remains active with prices on an upward trajectory. As inventory levels continue to lag behind the long-term trends, buyers and investors should anticipate a further tightening of market conditions and potentially higher prices in the coming months. This underscores the importance of savvy decision-making and strategic planning for those wishing to navigate Regina's real estate landscape successfully.

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New property listed in Regina Beach

We have just listed this great property at 306 100 5th AVE in Regina Beach.
Welcome to unit 306 at 100 5th Avenue at Regina Beach right beside Centre Street close to all the local restaurants, bars, shops and most importantly the beach! This unit has 2 bedroom 1 bathroom, 2001 built, 1109 square foot apartment style condo is a top floor corner unit and would be perfect for anyone that wants to live at the beach with no yard maintenance! The condo fees include insurance, sewer, common area maintenance, exterior building maintenance, snow removal, lawn care, water, garbage, heat and reserve fund! As you enter the building there is a sitting area, a lounge for having guests and access to your underground parking space! After you’ve taken the elevator up to the third floor you’ll see unit 306! You enter into the kitchen that has plenty of cupboards and counter space, an island that also has drawers and built in cabinets, and a pantry. The fridge, stove, microwave, hood fan and dishwasher are all included. The open concepts flow right into the large dining area and living room with carpeted floor and a large bright window. There is also access to your private balcony that has a natural gas BBQ hook up faces south west and overlooks the green space! The primary bedroom has a good sized closet and is followed by the 4 piece bathroom. Next is the second bedroom that would also be great as an office. The unit is finished off with the laundry room that has room for storage and. The washer, dryer and central vac are all included! This unit also features central air.
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New property listed in Harbour Landing, Regina

We have just listed this great property at 5209 JIM CAIRNS BLVD in Regina.
Welcome to 5209 Jim Cairns Boulevard in Harbour Landing close to shopping, restaurants, grocery stores and all the amenities Grasslands has to offer. This 2 bed 4 bath, 2012 built, 2 storey townhouse is 1112 square feet and sits on an 18 by 112 rectangular lot. The front yard has a lush lawn and space for planting flowers. The back yard is partially fenced with a deck and a single parking spot. You enter the home into the living room with a bright window, carpeted floor and a new modern paint job. The open concept flows into the kitchen that has access to the backyard and a handy 2 piece bathroom beside it. The fridge, stove, microwave, hood fan and dishwasher are all included. Upstairs, the first stop is the large primary bedroom that features a walk in closet and a 3 piece en suite bathroom. The second bedroom is also a good size and has a 4 piece en suite bathroom and a closet. Downstairs is a spacious rec room with LED lighting and modern laminate flooring. Perfect for another living space or a home theater. The front load washer and dryer are neatly tucked behind closet doors and are also included. The home is finished off with another 4 piece bathroom. This home also features central air, owned furnace and water heater.
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Regina Real Estate: Exploring Steady Growth and Affordable Housing Opportunities

Hi, Martin here! In this post, I'll explore the current trends in the Regina housing market, focusing on its steady growth and the availability of affordable housing options. Whether you're a potential buyer or an investor looking for opportunities, Regina offers an attractive market worth considering.

Steady Price Appreciation:
Regina's real estate market has experienced consistent price appreciation over the years. While the rate may vary across different property types and neighborhoods, the overall trend has been positive. This steady growth makes Regina an appealing destination for buyers seeking long-term investment opportunities.

Balanced Market Conditions:
One of the key strengths of Regina's real estate market is its balance between buyers and sellers. This equilibrium creates favorable conditions for both parties, with reasonable time on the market for properties and a fair negotiation environment. The balanced market fosters stability and minimizes price volatility, providing a reliable foundation for investment decisions.

Development and Expansion:
Regina is a city in motion, with ongoing development and expansion projects. This growth not only enhances the city's infrastructure but also creates new opportunities in the real estate market. New residential and commercial projects contribute to the supply of housing options, attracting buyers and investors alike. As the city continues to evolve, it presents a promising landscape for future growth.

Affordable Housing Options:
Regina's real estate market is particularly appealing for buyers seeking affordable housing options. The city has a range of properties that offer excellent value for investment. First-time homeowners, in particular, find Regina an attractive destination due to the availability of affordable housing. With favorable financing conditions and competitive prices, Regina stands out as an ideal place to enter the housing market or expand your investment portfolio.

Conclusion:
Regina's real estate market showcases steady growth, balanced conditions, and affordable housing options. The city's consistent price appreciation, along with its ongoing development and expansion, make it an exciting market to explore. Whether you're a buyer or an investor, Regina offers a range of opportunities worth considering. Stay tuned for more updates on Regina's real estate market, and don't hesitate to contact me or a member of our expert team for personalized guidance on your real estate journey.

Cheers!

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