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Notes from Your Team ~ Jordy & Jim
2019 Sales Volume Up 13.4%, 
Higher Days on Market & Increasing Inventory

The evenings are starting to cool but fantastic weather has highlighted the start of fall. With the Children back in school and summer wrapping up, fall has arrived here in Canmore! Fall activities are in full swing with lots of locals and visitors alike enjoying some great biking and hiking. The winter season and all the fun it brings is just around the corner. We are starting to see some buyers who want to purchase before ski season starts, which is typical for this time of the year.
The Canmore Real Estate Market has been quite active with 13.4% increase in
number of sales from January through the end of August year over year. Coupled with the increase in the number of sales we have seen an increase in our listing inventory which has increased by 27.4%. Our current listing inventory shows signs that we are still in a seller’s market in some segments however moving towards a balanced market in other market segments.

The increase in sales volume has seen some sellers feeling the market has gone up higher than what the buyers are willing to pay. This may be evidenced by the average days on market of the active listings 28.5% higher than one year ago and increased inventory. 
Lastly, we are here to help you or anyone you know with all your real estate. We are never too busy for your referrals!
Our Featured Listings
218 - 187 Kananaskis Way

Rare 1,300 sqft condo at Solara Resort

3 Bedrooms, 2 bathrooms

402 D 1818 Mountain Ave


Very Spacious 1/4 Share Condo!

2 Bedrooms, 2 Bathrooms
57 Lakeshore Drive, Kananaskis

Luxury Chalet - Mountain & Lake Views!

5 Bedrooms, 3.5 Bathrooms

419C - 101 Montane Road


Excellent 1/4 Share Revenue Condo!

"D" week is also for sale, giving you half ownership!

2 Bedrooms, 2 Bathrooms
4 - 1061 Evergreen Circle


Mountain Views near CNC & Quarry Lake!

3 Bedroom, 4 Bathroom
210 - 901 Mountain Street


Rare Vacation/Revenue Condo!

2 Bedroom, 2 Bathrooms
204 - 707 Spring Creek Drive


Creekstone Mountain Lodge Condo!

2 Bedrooms, 2 Bathrooms
6D Otter Lane, Banff


Plenty of Sun & Privacy!

3 Bedrooms, 2 Bathrooms
402- 3&4 - 191 Kananaskis Way


1/2 Share Fractional Ownership!

3 Bedrooms, 3 Bathrooms
402 B 1818 Mountain Ave


Very Spacious 1/4 Share Condo!

2 Bedrooms, 2 Bathrooms
300 2nd Avenue, Dead Mans Flats


Secluded Condo!

2 Bedrooms, 1 Bathroom
6 - 200 Elk Run Blvd.


On the Sunny Side!

3 Bedrooms, 3 Bathrooms
311 - 160 Kananaskis Way


Sunny West Facing Views!

2 Bedroom, 2 Bathroom
419D - 101 Montane Road


Excellent 1/4 Share Revenue Condo!

"C" week is also for sale, giving you half ownership!

2 Bedroom, 2 Bathroom
9-216 Three Sisters Drive

SOLD - $40,000 Above Ask Price. 4 Days on Market!

50+ Living - Walking Distance to Main St

2 Bedroom, 2 Bathroom
107C - 1818 Mountain Avenue


1/4 Share Fractional Ownership No GST!

2 Bedroom, 2 Bathroom
Saving energy in the home can save you money as an investor as well. In addition to reducing the bills that your tenants may or may not be paying for you, ensuring that your home is as well insulated as possible is also a tremendous value-add for environmentally conscious renters. Insulation isn’t just about the pink stuff in your roof, either – there are lots of ways to make your home more energy-efficient.

Window treatments
These do a lot more than just make your windows look nice. The right window dressing will allow you to control how much light and heat comes into the home. When the sun is mercilessly beating down, simply closing the blinds or drapes can limit the heat that comes into the home, reducing the amount of time tenants need to run expensive A/C units. Here are three options:

Thermal blinds: You can expect to pay around $60 for a 20" x 60" thermal blind. You will need one per window. A unit with 10 windows would require an outlay of about $600, which isn’t insignificant, but thermal blinds provide the best temperature regulating results. 

Window films: These are attached directly to the glass and can cut heat loss by as much as 80%. The cost will depend on the number of windows you’d like to have treated and the size of those windows. I recommend getting someone out to give you a quote in this area, as costs vary from region to region.

Expect to pay around $2.25 to $3 per square foot if you’re having window films installed. If that’s not within your budget, you can cheat a little and find an adhesive window film at Walmart. These start around $8. It’s not exactly the same thing, but these films can help to block light and provide privacy for those inside.

Shutters: Installed on the outside of windows, shutters are extremely effective for areas that get a lot of sun during the day. You’re looking at around $20 per square foot to have these installed. This price can vary a lot depending on the type chosen, where they’re being installed, etc., but it should cost around $40 for a standard 24" x 24" window.

The roof
About a quarter of the energy lost in the average home is through the roof. If it’s time to replace the roof on one of your properties, consider the following:

Asphalt roof tiles: An excellent choice, asphalt tiles will reflect around three-quarters of the solar rays they catch, which keeps the inside of the house cooler. Asphalt roofs cost an average of $4,750 to install.

Metal roofs: Less than ideal, metal roofs absorb a lot of solar radiation, which leads to a warmer interior. If you want to go this route, expect to pay around $10,000.

Make it light, keep it bright: The lighter the material and the brighter its colour, $8. It’s not exactly the same thing, but these films can help to block light and provide privacy for those inside. the more sunlight your roof will reflect. It pays to have your roof tiles cleaned every few years to ensure that they can reflect as much sunlight as possible. By switching to a lighter-coloured roof, you can save up to 40% on cooling costs in your home.

Whatever colour or material your roof is, make sure the ceiling is properly insulated. This should be your top priority when creating a more energy-efficient home.

Walls and doors
Another 30% or 40% of heat is lost through the walls of a home. You can reduce this loss by having the walls properly insulated. If you decide to take this project on, check all the exterior walls, including basement and attic walls.

Your home also loses a lot of heat through the doors, whether they’re open or closed. You might think that a wooden door would be well insulated, but you’d be wrong. Standard doors are hollow inside, and wood is porous, so you can lose a lot of heat through its surface.

Fiberglass, on the other hand, is a lot more energy-efficient. Expect to pay anywhere from $400 to just over $2,000 per door, depending on the size and design.

Small adjustments
You might not have the budget to coat all your windows, install new doors or replace your roof. But there’s still a lot you can do on a relatively small budget.

Start by checking all the windows and door frames. Are they properly sealed, or are there gaps between the frame and the wall? Is the caulking on the windows still in good shape, or could it use an overhaul? Re-caulking your windows can be inexpensively done - caulk costs a few dollars a tube, plus a few more dollars for a caulk gun.

If you’re worried about the cost of blinds, consider installing privacy screens on some of your windows. At a few dollars each, privacy screens are relatively inexpensive and do a decent job of blocking some sunlight. They’re never going to be as effective as having an energy-efficient coating in place, but they will help as a stop-gap measure in the interim.

Making your home more energy-efficient doesn’t need to cost an arm and a leg; a lot of it just means thinking about the materials you use, how best to use them and, if necessary, what the alternatives are. As you can see, you have plenty to choose from.

Full Article Here: Canadian Real Estate Wealth
If you’re seeking to sell your home in the near future, updating your kitchen can increase the value of your home and attract buyers. But it can seem nearly impossible to design a kitchen for someone whom you’ve never even met.

It can be difficult to know what kitchen style will appeal to the largest number of potential buyers, We have 5 design tips for you to use when remodeling your kitchen for resale.
1. Keep it simple

When designing a kitchen for someone else’s taste, keeping the overall scheme simple is the way to go. Don’t stress your budget with additional, over-the-top accessories or storage solutions. Expensive crown molding or drawer knobs can be easily customized once the home is purchased and are usually not a major selling point. The same advice goes for cabinet door styles and drawer sizes. Stick with Vintage and Plain style cabinets and standard size drawers. A simple design will not only appeal to the masses, but also leave decorating accents to the homeowner’s imagination.
2. Use a neutral palate

There’s good reason neutral beiges, browns and whites are the most popular kitchen colors—they truly stand the test of time. Antique White Cabinets with a Walnut Glaze pair well with just about any counter-top color and can give even the smallest kitchens an open, inviting look. Classic colors are always a better choice over the more trendy design options, because they will appeal to buyers of all ages.

3. Think about function

While they might be attracted to your kitchen, it’s the kitchen’s function that can really sell your home. Style can be changed or updated over time, but the buyer wants to make sure that this is a space she can see herself spending time in for a long time. If you have the space, add an island or breakfast nook, and speak to your craftsman about work triangles to help make your kitchen more functional.
4. Consider Laminate or Solid Surface Countertops

Depending upon the material, countertops can be the largest expense in your kitchen update. Laminate and Solid surface counterops are much more affordable option to stone countertops and come in hundreds of colors that imitate the unique designs in stone countertops.

Note: The Canmore/Banff Real Estate Team recommends installing quartz countertops, they're more durable, very modern and reasonably priced .

5. Reface with Maintenance Free Cabinets

“Because cabinets take up 80% of the visible space in your kitchen, updating your cabinets can make a huge difference”, says Jill Moskowitz, Kitchen Design Consultant at Kitchen Magic. But installing all-new custom wooden cabinetry can be a time consuming and expensive project.

Additionally, a maintenance-free cabinet door material is just as beautiful as wood, more durable and less expensive than traditional wood cabinet doors. Refacing your existing cabinets will make a dramatic transformation, and get your kitchen ready for resale in days, rather than weeks.”

Full Article Here: Canadian Real Estate Wealth
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Jordy Shepherd & Jim Mamalis, Associates
Lana Nashchuk, Assistant