Tait Real Estate : Realty Executives Saskatoon : Archived blog posts for : December 2021

New property listed in Rosewood, Saskatoon

I have listed a new property at 415 Keith TURN in Saskatoon.

The Bronco model is a 2 storey, 1903 sq. ft. home complete with 3 beds, flex room, bonus room, and 2.5 baths. The beautiful master bedroom is complete with a huge walk in closet and a 5 piece en suite bathroom. quartz countertop in the kitchen and bathroom vanities. Laminate flooring throughout the main floor. this model also has a side entry and the option of basement development. All North Prairie homes are covered under the Saskatchewan New Home Warranty program. PST & GST included with rebate to builder. Pictures may not be exact representations of the unit, used for reference purposes only. Errors and omissions excluded. Prices, plans, promotions and specifications subject to change without notice.

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New property listed in Rosewood, Saskatoon

I have listed a new property at 411 Keith TURN in Saskatoon.

See details here

This beautiful 2 storey, 2220 sq. ft. home comes complete with a Smart Home Package. This package includes, solar ready features, Nest Learning Thermostat and the Amazon Echo. On the main floor of this home, you can enjoy friends and family in the open concept living area, which boasts a beautiful chef-style kitchen, complete with a walk through pantry and a half bath. On the second floor this home is complete with a beautiful owner’s suite, with a 5 piece ensuite bathroom, not 1 but 2 walk-in closets! 2 additional spacious bedrooms are located on the second floor, with an additional upper floor bathroom, upper floor laundry and a bonus room which is perfect for movie nights or just relaxing. PST & GST included with rebate to builder. Pictures may not be exact representations of the unit, used for reference purposes only. Errors and omissions excluded. Prices, plans, promotions and specifications subject to change without notice.

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Saskatoon Real Estate Market Update - December 2021

If you’ve been thinking about selling your property in Saskatoon or the surrounding areas, this is the time to pull the trigger. Keep watching and we’ll explain the two main reasons why…

Going into early 2022, inventories of single family homes will be EXTREMELY low, sales volumes are staying VERY high for this time of year, and interest rates are still low…for now. Which means that the value of your home RIGHT NOW may be worth more than it’s going to be for the foreseeable future.

Let’s break this down for you…

Reason #1 - Low Inventories of single family homes

When we look at the current market stats in Saskatoon, it is evident that there is an extreme shortage of single family listings on the market. As of December 7th, there were only 985 active listings on the MLS and only 520 of those are single family homes. This is 105 fewer single family homes listed than there were at the beginning of December in 2020, which is a decrease in single family listings of around 16.8%.

We expect this shortage of inventory to continue into the first quarter of 2022, but we will see more homes hitting the market in the spring as we usually do, which is why your home will have less competition right now than it might in the future.

Reason #2 for listing your home now - Demand is high

There are still lots of buyers out there looking for good quality single family homes. The stats show that home sales are up 29% year to date compared to 2020. We are also hearing that interest rates are likely going to be increasing several times in the new year due to the high inflation rates, so that's putting additional pressure and urgency on buyers to purchase a home sooner rather than later.

The next several months will have the least amount of inventory and the highest demand that we might see over the next year. When you combine those two factors - lack of supply and high demand, it creates the ideal conditions to sell your home and the value for your home is increased. So again, if you’ve been considering selling your home, do not hesitate. Let's talk about getting it on the market now to take advantage of the current market conditions.

Well, that's it for now. We hope you all have a wonderful holiday season and a very happy new year. We will see you in 2022!

Happy Holidays!

Tait Real Estate - Realty Executives Saskatoon

Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com

Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

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New property listed in Lawson Heights, Saskatoon

I have listed a new property at 307 Whiteswan DR in Saskatoon.

See details here

Welcome to 307 Whiteswan Drive. Breathtaking Views of the South Saskatchewan River and Meewasin Valley from your front door in one of the most sought after areas of the city. This 4 bedroom, 3 bathroom home comes with vaulted ceilings, to bring in plenty of natural light, two fireplaces and an indoor pool area (42’ x 21’) to unwind in 365 days a year. There is 1 bedroom on the main floor and 3 upstairs. The primary bedroom has an ensuite bathroom, walk-in closet and an attached den. There are three decks on the home, one that wraps around the house from the back to the side pool entrance, one off the primary bedroom overlooking the back yard, and another on the second floor facing the river and park. This home is 3,759 square feet including the indoor pool area. With a little TLC this home could be a one of a kind on this beautiful street. See floor plans in photo section.

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Realty Executives Saskatoon

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