A new listing at 1203 12th Street East, Varsity View, Saskatoon, SK

Welcome to 1203 12th Street East in the Varsity View area of Saskatoon.

Offered at $499,900 MLS®

View full listing detailshere.

Welcome to 1203 12th Street East, a four bedroom, four bathroom beauty, located in one of Saskatoon’s most desirable east side neighbourhoods, Varsity View. Within walking distance to parks, churches, the University of Saskatchewan Campus, Royal University Hospital, the Broadway Commercial District and the amazing Meewasin trails, this home is also close to all the amenities 8th Street has to offer, and is perfect for a family that wants to be central. The open concept main floor welcomes you with a bright living space off the dining room and kitchen, all with gleaming maple hardwood, and the space is highlighted by the 3 sided gas fireplace that not only offers warmth, but sophistication. The kitchen offers dark, rich cabinetry, a large island, stainless steel appliances and granite countertops. It’s perfect for entertaining! Also on the main floor is a two-piece powder room. Up on the second floor, you’ll find a four-piece bathroom, the laundry area, and three bedrooms, including a large master bedroom, that has a walk-in closet and an amazing four-piece ensuite with a glass enclosed, tiled shower and a free standing soaker tub. High end finishes are evident throughout the entire home. Downstairs, there is a fully developed basement, complete with a large family room and wet bar, a four piece bathroom and the fourth bedroom. Outside, you’ll be happy to see a landscaped yard, decks on both the front and back of the home, and rear lane access to double detached garage to keep your car out of the elements.

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

If you have a home to sell, we’d be happy to represent you and prominently display your home here.

A new listing at 338 Allegretto Crescent, Silverwood Heights, Saskatoon, SK

Welcome to 338 Allegretto Crescent in the Silverwood Heights area of Saskatoon.

Offered at $345,000 MLS®

View full listing detailshere.

Welcome to 338 Allegretto Crescent, a well maintained four level split on a quiet Silverwood Heights crescent which is close to schools, parks, shopping, dining, all the amenities in the North End and even downtown Saskatoon. Sitting on a large, fully fenced, mature lot, this home features two plus one bedrooms, two bathrooms and is fully developed on three floors. The bright and spacious main floor includes a large family room and the kitchen. You’ll be able to enjoy chilly winter nights with a glass of wine in front of your wood burning fireplace. On the upper level, there are 2 good sized bedrooms and a four piece bathroom. The master bedroom has patio doors to private balcony, where you could enjoy summer morning coffees! Down on the third level, you’ll find a family room, the third bedroom, and a three piece bathroom. The fourth level is undeveloped and has the laundry room, it’s perfect for storage for seasonal household items! Our cold winters won’t be a problem when you can park your car in the single attached garage with direct entry. Recent upgrades include laminate floors, interior paint, underground sprinklers and new shingles.

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

If you have a home to sell, we’d be happy to represent you and prominently display your home here.

Saskatoon real estate week in review for January 12-18, 2019

Saskatoon real estate agents continued to post sales numbers that exceeded the previous year’s totals for the second week in a row. This past week, 57 Saskatoon homes traded hands, up from 39 during the previous week and beating sales for the same period last year by nine.

The number of new listings added to the Saskatoon MLS® also grew as 146 properties entered the system for a weekly gain of eight and an annual increase of six.

The number of Saskatoon homes listed for sale continued to grow. By this morning, buyers had a total of 1453 properties to choose from. That’s up 44 units from a week ago, but down 72 from levels recorded at the close of the third week of 2018. A listing search for detached single-family homes shows 801 results today, up from 783 a week earlier, and down from 813 at this time last year. A condo search generates 560 results for a weekly increase of 14 units and an annual decline of 53.

Interestingly, it appears that condo inventory is finally looking manageable. According to numbers recently presented to Saskatoon home builders by CMHC, the supply of multi-family units which are “complete but unabsorbed” has fallen consistently and at a good pace for the past two years. They have slipped from more than 700 vacant units in early 2017 to just over 200 today. Those numbers are at their lowest point since new starts exploded in 2014 and are now at levels which were manageable through the middle years of this decade.

Price figures are still iffy and based on some of the smallest samples we’ll see all year. Consequently, they are subject to wild swings from one week to the next. For instance, the average sale price of a Saskatoon home was $313,777 this past week. That’s about $55,000 higher than it was the week before when not a single home had traded above 500K. The median price also took a huge jump gaining almost $75,000 from the previous period to reach more normal levels at $305,000.

The longer-term measures also show pretty significant change. The six-week average price fell about fifteen thousand dollars from a week earlier to settle at $321,154. That’s also down on an annual basis by an equal amount. The four-week median price finished the week at $298,100 for a weekly decline of 23K and an annual change of $32,000.

Home sellers were completely shut out when it comes to overbidding activity. Meanwhile, 55 of this week’s 57 sales closed at a price that was lower than the seller’s asking price generating an average discount of $14,965.

Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that those sales that do show a sale price that is greater than the list price are all new properties that spent some period of time on the market, and most likely included additional improvements that were not reflected in the original list price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.

More weekly stats and numbers for those who love them.

Thanks for reading TeamFisher’s Saskatoon Real Estate Week in Review, now published for the 619th consecutive week.

I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

Canadian homes sales post weakest annual numbers since 2012: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for December of 2018 today.

According to the report, “Home sales via Canadian MLS® Systems fell by 2.5% in December 2018 compared to November, capping the weakest annual sales since 2012. Monthly declines in activity since September have fully retrenched its summer rally and returned it near the lowest level since early 2013.”

“Transactions declined in about 60% of all local markets in December, led by lower activity in Greater Vancouver, Vancouver Island, Ottawa, London & St. Thomas, and Halifax-Dartmouth, together with a regionally diverse mix of other large and medium-sized urban centres.”

Highlights of CREA’s report

  • National home sales fell 2.5% from November to December.
  • Actual (not seasonally adjusted) activity was down by 19% from one year ago.
  • The number of newly listed homes was little changed from November to December.
  • The MLS® Home Price Index (HPI) was up 1.6% year-over-year (y-o-y) in December.
  • The national average sale price fell by 4.9% y-o-y in December.

Read the entire report on Canadian MLS® sales for December of 2018.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

Welcome to 362 Thode Avenue, Willowgrove, Saskatoon, SK

Welcome to 362 Thode Avenue in the Willowgrove area of Saskatoon.

Offered at $879,900 MLS®

View full listing detailshere.

Welcome to 362 Thode Avenue, in the beautiful Willowgrove community. Backing Wallace Park, which houses Holy Family Catholic and Willowgrove Public Elementary schools, this four plus one bedroom is perfect for families. Located within walking distance to all the amenities of University Heights, including local high schools, you don’t have to go very far for any of your family’s needs.
Situated on a large, professionally landscaped lot with a fenced backyard and expansive views of the park, you’ll enjoy summer nights on the spacious deck or exit through the basement walk-out to hop in the hot tub.
As you move into the house from the front door, you’ll come upon the large open kitchen, boasting dark, rich cabinets which comes complete with stainless steel appliances, including a built-in convection oven, a gas range-top, a large granite topped island, and dining area. The gas fireplace and Brazilian cherry wood floors make the living space warm and inviting. Also on the main floor is a large office, mudroom bench/storage and a two piece bathroom.
Upstairs, the large master bedroom has a walk-in closet and five-piece ensuite, which features a corner jet tub, heated floor and a large tiled shower. There are three more bedrooms on the second floor, which which all have built in cabinetry, as well as a four piece bathroom and the laundry room.
The walk-out basement is fully developed and the family room is cozy in the winter due to the radiant floor heating. Also, on the lower level, a three-piece bathroom, a generous storage room and the fifth bedroom.
Additional features of the home: built-in sound system, central vacuum, central air conditioning, and a direct entry double attached insulated garage with radiant floor heat.

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

If you have a home to sell, we’d be happy to represent you and prominently display your home here.