CONTACT

I have listed a new property at 723 82 ST in Edmonton.
Tired of apartment living and feeling cramped working from Home? This FULLY renovated 2 story half-duplex with FURNITURE is for you! An open concept floor plan with fresh new paint and a newly remodelled kitchen. Accessible location in the sought-after Ellerslie community. Close to playgrounds, schools, shopping, Anthony Henday and bus access. Outside, enjoy the private deck and fenced HUGE back yard - an oasis with fruit trees and the morning sun. Inside, beautifully finished with NEW vinyl flooring, carpet, quartz counter tops, appliances, and plumping fixtures. Kitchen? Has been remodelled with “timeless white” cabinetry and brightened up with designer lighting fixtures throughout. Upstairs, the master suite has a 4-pc ensuite & TWO walk-in closets. An additional HUGE bedroom and another 4-piece bathroom to compliment. It is complete with a single attached garage and ample storage in the basement to keep your home as clean and tidy as the first day you bought it. DON'T MISS OUT ON THIS RARE FIND!
Read full post

I have listed a new property at 45 15151 43 ST in Edmonton.
Welcome to this perfect starter home or investment property!! This 9 FOOT main floor has your cozy living room with HARDWOOD flooring and corner gas FIREPLACE, spacious kitchen with GRANITE counter tops, newer STAINLES STEEL appliances and a PANTRY. The upper level has a total of 3 bedrooms including the master bedroom 4 pc ENSUITE. The two other bedrooms are spacious and share a 4 pc bathroom and convenient upper floor LAUNDRY. The basement awaits your creative touch to finish.
Read full post

I have listed a new property at 23 15151 43 ST in Edmonton.
A RARE FIND! Welcome to this perfect starter home or investment property!! DETACHED home with a FULLY developed WALKOUT basement offers over 2,000 sq. ft of total living space – lots of flexibility! This 9 foot main floor has your cozy living room with a corner gas FIREPLACE, spacious fully RENOVATED kitchen with QUARTZ counter, NEW timeless white cabinetry, high end STAINLESS STEEL appliances and a corner PANTRY. The upper level has a total of 3 bedrooms including the master bedroom 4 pc ENSUITE. The two other bedrooms are spacious and share a 4 pc bathroom and convenient upper floor LAUNDRY. The basement is fully developed. NEW furnace and central AIR CONDITIONING installed in 2017. This unit is the only detached home available.
Read full post

MINA GAYED

REAL ESTATE

Owning vs. Renting in Today's Market

Once upon a time, no one questioned the financial decision of buying your own home. A sound investment and a step toward growing your wealth, homeownership was an obvious choice. But today, there is an increasing number of living arrangement options. With the rising costs of everyday life, people consider more carefully whether they prefer to rent or own. Are you on the fence? Wondering whether it’s worth making the leap to homeownership? I want to help you navigate through all the information out there and take a look at some of the critical factors that may help you decide between owning or renting. And if you do decide to buy, I’ll work to find you a home that you absolutely love - and nothing less!


For some, choosing to rent rather than buying might seem like a smart choice. If your rent is reasonable and predictable, you may be able to start saving money rather than spending it on the many costs of owning a home. However, the CMHC Edmonton vacancy forecast predicts a dive to 3.4% in 2020, down from 4.9% in 2019. This decrease means that there will be fewer rental options, leading to rising rent prices. Unlike areas with controlled rent, tenants are at a disadvantage when supply becomes scarce. Now, you might think that buying a home in a big Canadian city is out of reach, but you can forget about the crazy markets in Toronto or Montreal - here in the Edmonton area, buying a home is still very affordable! The monthly cost of renting a two-bedroom apartment can be higher than a mortgage payment in some cases. So, while Albertans might be feeling an economic crunch, a lower mortgage payment becomes all the more attractive. Unsure? My team and I can help you explore the reasons why homeownership is right for you!

What makes it a great time to buy in Edmonton?

Mortgage rates are very low - it doesn’t get much better than this, with the lending rate for fixed 5-year mortgages as low as 1.84%  Who doesn’t love to hear this kind of good news amid all the negative headlines? And for me and my team, there’s nothing better than seeing my clients’ excitement when they realize that they can afford much more than they ever thought! Not to mention the many first-time home buyers incentives that we can help you utilize.


While the COVID pandemic had people panicking earlier this spring, the market has shown incredible resilience in these unprecedented times. For the month of August, single-family home unit sales are up 22.98% from August 2019, so the market is still in full swing! However, we do expect a normal decrease through the fall, which might just be the perfect time to make a deal on a home that has stayed on the market all summer! Up until August, the prices for single-family homes have held relatively steady year-over-year, but duplexes are down 3.48%, and condos are down 2.23% - these might just be the perfect place to start considering an alternative to renting!


The supply of rental properties has gone up, but the population has also been steadily growing as it always has in Alberta. So, demand for these properties has outpaced supply. This leads to rising prices: the average monthly rent has gone up by about 1% in the last year. The CMHC says the rental cost of three-bedroom units increased by 1.6% in Edmonton from 2018Some experts are even predicting increases of 3 to 5% this year. The lowest vacancy rates are for homes with 3 or more bedrooms, so larger households have the fewest rental choices at the moment, not to mention the highest rental costs. If your family needs a bit more room (especially if you’ve been stuck with each other all these long months!) then you might stand to benefit the most from buying instead of renting.

f62a77ff6b7c0f25ec9040de7bab8238

"We want to get to know you, your needs, and your budget to make sure that you feel confident about making this financial decision!"

 

Pros of Home Ownership

One monthly rent payment may be equal to (or even higher than!) a mortgage payment. The average rent right now is $1,144, but with a growing market for homes under $300,000, this could be comparable to a mortgage payment. Wouldn’t it be great to start putting that money toward building equity? It could just be the smartest move you can make for your future.


Another way that homeownership gives you an edge: homeowners qualify for more loan opportunities as your home could be an asset to draw on when you need access to credit.

And perhaps the best of all: you can finally have a place to call your own! Maybe you’ve been dreaming of laying down roots and finally being in charge of your own property. Your living arrangements can be in your control – not that of a landlord who could increase rent or sell their property with little notice. And hey, you never know what opportunities may come up when you enter the real estate market. Your neighborhood could be the city’s next hot spot, giving you the chance to sell for a profit and upgrade!

How do I know if I'm ready to buy?

There are tons of first-time homebuyers’ incentives available! We can help you navigate all possible avenues and support you by answering any questions you may have to find you the best option.


I work as part of a team, and our combined expertise means that we have seen it all: individuals and families in all kinds of situations looking to get a stake in the market. We strive to be as approachable as possible, and we want you to feel comfortable sharing your hopes and dreams with us, along with any hesitations you may have. More than anything, our approach is a personal one. We want to get to know you, your needs, and your budget to make sure that you feel confident about making this financial decision and ultimately increasing your wealth. With Mina’s and the Mozaic Realty Group, you are getting a customized experience!


So, as you consider what’s best for you and for your family, keep an open mind! Consider both sides of the argument, and let us show you what’s possible. Nothing would delight us more than helping you to find your happily ever after!

Facebook
Instagram
Twitter
Read full post

Please visit our Open House at #49 15151 43 ST NW in Edmonton.
Open House on Saturday, November 7, 2020 2:00PM - 4:00PM
You will love this stunning former showhome. This end unit features 9 ft ceiling main floor, central air-conditioning, fireplace with mantle, laminate flooring throughout the entire house including the fully finished basement, tile in foyer and bathrooms, pressure treated wood deck with natural gas hookup for BBQ. The gourmet kitchen includes maple cabinets, granite countertops, a functional island, pantry and gas stove. Upstairs you will find 3 bedrooms, 2.5 bath, with 4 pc. ensuite. Fully finished basement has built-in speakers in the media room, laundry room with a sink as well as ample storage. This house is one to to call home.
Read full post

I have listed a new property at #49 15151 43 ST NW in Edmonton.
You will love this stunning former showhome. This end unit features 9 ft ceiling main floor, central air-conditioning, fireplace with mantle, laminate flooring throughout the entire house including the fully finished basement, tile in foyer and bathrooms, pressure treated wood deck with natural gas hookup for BBQ. The gourmet kitchen includes maple cabinets, granite countertops, a functional island, pantry and gas stove. Upstairs you will find 3 bedrooms, 2.5 bath, with 4 pc. ensuite. Fully finished basement has built-in speakers in the media room, laundry room with a sink as well as ample storage. This house is one to to call home.
Read full post

Please visit our Open House at #49 15151 43 ST NW in Edmonton.
Open House on Saturday, October 31, 2020 2:00PM - 4:00PM Come take a look at this brand new listing.
You will love this stunning former showhome. This end unit features 9 ft ceiling main floor, central air-conditioning, fireplace with mantle, laminate flooring throughout the entire house including the fully finished basement, tile in foyer and bathrooms, pressure treated wood deck with natural gas hookup for BBQ. The gourmet kitchen includes maple cabinets, granite countertops, a functional island, pantry and gas stove. Upstairs you will find 3 bedrooms, 2.5 bath, with 4 pc. ensuite. Fully finished basement has built-in speakers in the media room, laundry room with a sink as well as ample storage. This house is one to to call home.
Read full post

Please visit our Open House at #1 1730 LEGER GATE in Edmonton.
Open House on Sunday, November 1, 2020 2:00PM - 4:00PM
Amazing location in Whitemud Oaks. Walking distance to major transit center, schools, recreation center, shopping, restaurants, river valley walking trails, and more. This corner unit boasts windows throughout the 3-bedroom, 3.5-bathroom home. Your New home has so much to offer with OPEN CONCEPT layout, kitchen with granite, bright living room with fireplace. A recreation room with full washroom in the fully developed basement for approx. 1500 sq ft. of total living space. Upgrades include hardwood, maple cabinets, granite countertops, tile in entrance and washrooms, fresh paint throughout including the garage. New lighting fixtures and new carpet has been added to the move in ready feel of this house. Welcome home!
Read full post

Please visit our Open House at #1 1730 LEGER GATE in Edmonton.
Open House on Sunday, October 25, 2020 1:00PM - 4:00PM
Amazing location in Whitemud Oaks. Walking distance to major transit center, schools, recreation center, shopping, restaurants, river valley walking trails, and more. This corner unit boasts windows throughout the 3-bedroom, 3.5-bathroom home. Your New home has so much to offer with OPEN CONCEPT layout, kitchen with granite, bright living room with fireplace. A recreation room with full washroom in the fully developed basement for approx. 1500 sq ft. of total living space. Upgrades include hardwood, maple cabinets, granite countertops, tile in entrance and washrooms, fresh paint throughout including the garage. New lighting fixtures and new carpet has been added to the move in ready feel of this house. Welcome home!
Read full post

I have listed a new property at #1 1730 LEGER GATE in Edmonton.
Amazing location in Whitemud Oaks. Walking distance to major transit center, schools, recreation center, shopping, restaurants, river valley walking trails, and more. This corner unit boasts windows throughout the 3-bedroom, 3.5-bathroom home. Your New home has so much to offer with OPEN CONCEPT layout, kitchen with granite, bright living room with fireplace. A recreation room with full washroom in the fully developed basement for approx. 1500 sq ft. of total living space. Upgrades include hardwood, maple cabinets, granite countertops, tile in entrance and washrooms, fresh paint throughout including the garage. New lighting fixtures and new carpet has been added to the move in ready feel of this house. Welcome home!
Read full post

Please visit our Open House at #1 1730 LEGER GATE in Edmonton.
Open House on Sunday, October 18, 2020 1:00PM - 4:00PM
Amazing location in Whitemud Oaks. Walking distance to major transit center, schools, recreation center, shopping, restaurants, river valley walking trails, and more. This corner unit boasts windows throughout the 3-bedroom, 3.5-bathroom home. Your New home has so much to offer with OPEN CONCEPT layout, kitchen with granite, bright living room with fireplace. A recreation room with full washroom in the fully developed basement for approx. 1500 sq ft. of total living space. Upgrades include hardwood, maple cabinets, granite countertops, tile in entrance and washrooms, fresh paint throughout including the garage. New lighting fixtures and new carpet has been added to the move in ready feel of this house. Welcome home!
Read full post

I have listed a new property at #9 15151 43 ST NW in Edmonton.
You will love this stunning showhome quality 2 story Half Duplex condo home with a WALK-OUT fully finished basement. Comes complete with 3 bedrooms, 3.5 bath, island centered kitchen with granite counter tops as well as top of the line appliances, central air conditioning and a rough-in for central vacuum. Upgraded dimmer light switches throughout home, newly installed pot lights in living room and vinyl plank flooring on the main level. This is a house to call home.
Read full post

I have listed a new property at #9 15151 43 ST NW in Edmonton.
You will love this studding showhome quality 2 story Half Duplex condo home with a WALK-OUT fully finished basement. Comes complete with 3 bedrooms, 3.5 bath, island centered kitchen with granite counter tops as well as top of the line appliances, central air conditioning and a rough-in for central vacuum. Upgraded dimmer light switches throughout home, newly installed pot lights in living room and vinyl plank flooring on the main level. This is a house to call home.
Read full post

I have listed a new property at 36 1391 Starling DR in Edmonton.
Rolling Hills, Amazing views, Big Lake! Close to Anthony Henday, St. Albert. Tree lined streets, 2 KM of paths, a pond with a teaching dock. This beautiful and large over 1500SF, DOUBLE MASTER, 2.5 bath home comes with a flex area upstairs, large closets in the master, deck and landscaping. Quartz counter tops, Luxury laminate & tile flooring throughout. Also comes with a high efficiency furnace and triple pane windows and a garage with parking for two cars! Landscaping included! HOA TBD Buy with confidence. Built by Rohit.
Read full post

I have listed a new property at 31 1391 Starling DR in Edmonton.
Rolling Hills, Amazing views, Big Lake! Close to Anthony Henday, St. Albert. Tree lined streets, 2 KM of paths, a pond with a teaching dock. This beautiful and cozy 3 Bedroom home comes with all the bells and whistles!. OPEN CONCEPT MAIN FLOOR with luxury laminate flooring. Gourmet kitchen topped in quartz. This comes equipped with a high efficiency furnace and triple pane windows. This home also comes with a DOUBLE garage. $2500 appliance allowance included! Landscaping included! HOA TBD Buy with confidence. Built by Rohit.
Read full post

Please visit our Open House at 553 Glenridding Ravine DR in Edmonton.
Open House on Sunday, September 13, 2020 2:00PM - 4:00PM Yes!
HEART OF THE SOUTHWEST! WOW factor with a NOW budget. The Casa floor plan features an open concept main floor that is spacious and inviting with an ideal layout that's perfect for cozy movie nights with friends and family. 9FT ceilings, large windows, quartz counter tops, Gloss Cabinets, modern fixtures bring a luxury feel for an affordable price. Lockers/mudroom off the back door and a small powder room on the main floor provide convenience. The second floor features a versatile bonus room, large side by side second floor laundry space and a spacious master bedroom with a generous ensuite. This home comes with everything you'll ever need., the basement open for development, ideal for future bedroom, full bath and rec room. Off the back, you'll find a double garage & FULL Landscaping is included. Great location near many parks, new schools and shopping. PHOTOS MAY DIFFER FROM ACTUAL HOME.
Read full post

Have you ever driven by a gorgeous house with a sign that said “newly constructed home” and wondered what it must be like to be the first person to live in that beautiful home?


Well, the experience of becoming a first-owner of a newly constructed house can be very exciting. Here are the benefits of buying a newly constructed home that you should know:

Design your dream home

Buying a newly constructed home gives you a lot of flexibility to design the home to suit your personality.


You don’t have to get rid of old fixtures and fittings, dreary wallpapers, and color paints, which can cost extra time and money.


You can select your favorite color scheme, add new furniture, and renovate the property to suit your personality without any hassle.


Modern floor plan

You cannot replicate the experience of living in a newly constructed home by renovating an old-style property that has tiny rooms and narrow spaces.


Newly constructed homes come with modern floor plans. It means you can expect spacious living rooms, open-style kitchen, and tall ceilings that give a new dimension to their property.

New Home Warranty

A newly constructed home comes with a warranty. The builder is liable to pay for any issue during the warranty period.

The most important components of the home, like electrical systems, HVAC, heating, and plumbing, are covered under warranty.


Therefore, you don’t have to foot the bill for repair and maintenance costs, saving you potentially thousands of dollars.


High-Rated Energy Efficiency

In light of increased environmental awareness, modern homes are designed to be energy-efficient.


The advanced constructed materials and insulation keep newly constructed homes cool during summers and warm during winters, which can help save energy costs.


The new energy-efficient appliances and HVAC provide further cost savings.


Move-In Ready

A newly constructed home is move-in ready, which makes it an ideal option for buyers who are on a strict schedule.

Most modern homes come with the latest appliances—like a refrigerator, stove, washer, and dryer—already installed.

From electricity work to plumbing, you will find everything up-to-date, allowing you to pack your bags and move in without any delay.


If you want to purchase a newly constructed home in Edmonton, contact me today! I’m Mina Gayed, a professional real estate agent and property consultant who would love to help you find your dream home. Call/text 780.994.6462 to find out more!

Read full post

Did you finally find your dream home in Edmonton? Congratulations! Browsing through all those property listings has finally paid off.


But before you close the deal, make sure you make sure you have a complete home inspection done to avoid unexpected problems later on.


Here are five reasons not to skip a home inspection:

Ensure safety

A home inspection service can help identify potential safety hazards like invisible airborne toxins, carbon monoxide, and mold infestation.


Skipping home inspection can put you and your family at risk of breathing in dangerous particles and gases, which can lead to the development of severe health problems. 


If the home inspection report mentions any of these hazards, you must withdraw your buying offer and look for other properties.

Save money

Some people think that home inspections are unnecessary expenses, but that’s not true at all. A quality home inspection can save you thousands of dollars in the long run.


Home inspectors diagnose the current condition of the home structure and estimated useful life of components to help you learn about the actual condition of the property.


A home inspection report helps you learn about repairs and maintenance requirements. If a property needs extensive work, you may consider backing out of the offer.

 


Meet compliance

A home inspection service will help reveal any unlawful additions or installations made in the home, for instance, a basement without a legal permit.


Buying a home with additions that don’t meet legal compliance can affect the value of your home and become your financial problem to fix.


Moreover, it will also affect your home insurance and tax rates. A home inspection report will help you learn about any illegal additions in advance to prevent compliance issues.

Home Insurance

Many home insurance providers require a residential property to fulfil certain conditions to approve a homeowner’s insurance.


If the residential property that you want to purchase wasn’t inspected recently, you might require a 4-point inspection to qualify for a standard policy.


Inspections allow insurers to estimate a property’s coverage requirements. Your home inspection report will fulfil their criteria and help you secure a policy without any hassle.

Negotiate a better price

The home inspection report allows you to appraise the property on its merits and allows you to negotiate a lower price.

You can request the seller to reduce the price to account for pre-existing repairs expense to reflect the fair value of the property. On the other hand, you can ask them to get the repairs done.


More often than not, sellers agree to reduce the price or at least meet you halfway, which can save you thousands of dollars.


Are you planning to buy a new home in Edmonton, get in touch with me today! I’m Mina Gayed, a professional real estate agent and property consultant who would be glad to help you find your dream home. Call/text 780.994.6462 to learn more!

Read full post

I have listed a new property at 553 Glenridding Ravine DR in Edmonton.
HEART OF THE SOUTHWEST! WOW factor with a NOW budget. The Casa floor plan features an open concept main floor that is spacious and inviting with an ideal layout that's perfect for cozy movie nights with friends and family. 9FT ceilings, large windows, quartz counter tops, Gloss Cabinets, modern fixtures bring a luxury feel for an affordable price. Lockers/mudroom off the back door and a small powder room on the main floor provide convenience. The second floor features a versatile bonus room, large side by side second floor laundry space and a spacious master bedroom with a generous ensuite. This home comes with everything you'll ever need., the basement open for development, ideal for future bedroom, full bath and rec room. Off the back, you'll find a double garage & FULL Landscaping is included. Great location near many parks, new schools and shopping. PHOTOS MAY DIFFER FROM ACTUAL HOME.
Read full post

I have listed a new property at 1 8050 Orchards GREEN in Edmonton.
WALKOUT!! 3 BEDROOM | DOUBLE ATTACHED GARAGE, DECK & LANDSCAPING. This award-winning luxury bungalow boasts almost 1400 square feet of SOARING ceilings and open concept living space. . The open concept main floor features a massive kitchen island with INCLUDED appliances, walk-in pantry, natural gas fireplaces and sliding glass doors opening onto an oversized rear deck and a beautifully upgraded exterior. There’s also a cozy office area off the front foyer with French doors. The master retreat delivers with a spa-inspired ensuite and walk in closet. In the basement you'll find 2 bedrooms and a den with a spacious full bath, rec room with another fireplace!
Read full post
Copyright 2021 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.