Tait Real Estate : Realty Executives Saskatoon : Archived blog posts for : March 2022

New property listed in Corman Park Rm No. 344

I have listed a new property at 2 Discovery TRAIL in Corman Park.

Welcome to 2 Discovery Trail. This Beautiful walkout bungalow has 3 bedrooms and 2 bathrooms on the main floor with a great open concept dining, living, and kitchen area. The south-facing deck and windows bring in tons of sunlight throughout the day. There is also an attached 3 car garage. Since this home is a walkout the basement living room is very bright. There are also 2 more bedrooms, 1 bathroom, an office, cold storage, and a mechanical room in the basement. This property also includes a large fenced-off garden area with a garden shed, covered storage, and a 28x44 heated shop all on 6.85 acres full of trees for privacy.

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New property listed in Rosewood, Saskatoon

I have listed a new property at 419 keith TURN in Saskatoon.

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The “Berkeley II” is North Prairie Developments brand new 1583 sq. ft. it has 3 beds, 2.5 baths, bonus lifestyle room and upper level laundry. Equipped with a bright and open concept living/dining/kitchen area. Your new kitchen is complete with stylish cabinets, a large eat-at peninsula and an over sized pantry. Huge master bedroom, which has plush carpet, a 3 piece en suite and walk-in closet. This practical upper level is finished off with bonus lifestyle room, two spacious bedrooms and bathroom. This home also offers hardy siding, front yard landscaping, a concrete driveway and a double attached garage. All North Prairie homes are covered under the Saskatchewan New Home Warranty. PST and GST included in purchase price with rebate to builder. Pictures may not be exact representations of the unit, used for reference purpose only.

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New property listed in Rosewood, Saskatoon

I have listed a new property at 439 Keith TURN in Saskatoon.

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The Bronco model is a 2 storey, 1903 sq. ft. 3 car garage. 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. 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 507 Keith TURN in Saskatoon.

See details here

This beautiful 2 storey, 2220 sq. ft. home is backing green space and 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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New property listed in Dundonald, Saskatoon

I have listed a new property at 67 Robinson CRES in Saskatoon.

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Welcome to 67 Robinson Crescent. Great Value! This 4 bedroom bi-level home has lots of natural light, is located on a quiet, mature crescent and would make an excellent starter home or for those looking to size down. New vinyl flooring in kitchen, dining room, and bathroom. Newer furnace & hot water heater and a number of new windows. This home features a beautiful back yard. Patio doors from master bedroom lead to a great deck. Stairs from deck lead to patio area. Single garage with walk way between house and garage. The basement has a large recreation room, 3 piece bath and bedroom. Open house Sat & Sun March 19th & 20th 1:30 - 3:00.

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Saskatoon Real Estate Market Update - March 2022

I’m sure you’ve heard that interest Rates are increasing in Canada…so what does this mean for you? This week we will share what you need to know about how interest rate hikes will affect the Saskatoon Real Estate Market.

This week, for the first time since 2018, the Bank of Canada raised its key lending rate by 25 basis points to try to control the growing rate of inflation.

You may be wondering what this means to you?

In the coming days, banks and other financial institutions will likely increase their prime lending rate. RBC and TD Bank already hiked their prime rates to 2.7% from 2.45% effective March 3.

Variable Rate Mortgage

If you currently have a variable-rate mortgage, you will start to see your rates increase with a slightly higher monthly payment.

Fixed Variable Rate Mortgage

If you have a fixed variable-mortgage payment, more of your payment will go towards interest rather than towards the principal.

Fixed Rate Mortgage

If you are currently locked into a fixed-rate mortgage you won’t see any change to your monthly payments until you go to renew your mortgage at the end of your term.

New Buyers

If you're a new buyer looking to get a new mortgage, you shouldn’t worry too much at this point. Your buying power is still likely strong even with the rate increases, and interest rates are still lower than they were pre-pandemic. The increase you might see in your monthly payment is still relatively small. For example, the average $500,000 mortgage holder will only pay an extra $58 per month moas a result of the latest hike.

As always, if you have any questions about the real estate market, feel free to get in touch with us.

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 Holliston, Saskatoon

I have listed a new property at 1601 Adelaide ST E in Saskatoon.

See details here

Welcome to 1601 Adelaide Street. This great starter home in the quiet neighborhood of Holliston has 4 bedrooms, 2 bathrooms with hardwood floors in the living room, hallway and 3 bedrooms. There is a bright and spacious living room with easy access to the dining room and kitchen. The shingles, furnace, and hot water heater have all been replaced in the last 5 years. The driveway is rubber pavement, the exterior was painted in the last few years and there are convenient underground sprinklers. Easy access to schools, parks, transit and shopping make this a very desirable area. This home has only had one owner and has always been well maintained. With a little updating it has so much potential. Open House on Sat March 5th 1:00 - 3:00.

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