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Top 10 things to do with family in Saskatoon this Easter weekend!

Looking for something fun to do with the family this Easter weekend? We’ve put together a list of the Top 10 fun activities to do in Saskatoon this Easter weekend:

1️⃣ Easter Egg Hunts: Dive into the fun at the Saskatoon Farmers’ Market on Saturday, March 30, from 8:00 AM to 2:00 PM, or enjoy the rustic charm of Champetre County on the same day.

2️⃣ Draggins Rod and Custom Car Show: For car lovers, this is a must-see on March 29 and 30. It’s the longest-running club-operated car show in Canada!

3️⃣ Culinary Delights: Savor the Easter Buffet at The Berry Barn on Sunday, March 31. A beautiful setting for a family meal.

4️⃣ Picasso’s Ceramic Studio: Explore Picasso’s ceramics at Remai Modern until April 15, 2024. Admission is by donation, making it a great family art outing.

5️⃣ Cineplex Family Favourites: Catch a movie for only $3.99 at participating Cineplex theatres on Saturday mornings.

6️⃣ Easter at the Farm: Head over to My Bonny Farms on March 30-31, from 10am to 4pm, for endless fun with bouncy castles, mini donkeys, hay rides, and more.

7️⃣ Discovery Cinema: Clueless: Watch “Clueless” at the SaskTel Theatre – Remai Modern on Saturday, March 30. A great way to chill with the family.

8️⃣ Easter Craft and Bake Sale by SCAT Street Cat Rescue: Don’t miss out on unique crafts and delicious bakes at Market Mall on March 30, from 9:30 AM to 5:30 PM.

9️⃣ Watch a Show at the Refinery: “James and the Horse Pirates” will be showing from March 29 to April 7. It’s an adventure you won’t want to miss.

🔟 Bird Watching Adventure: Spring into bird watching. The Easter weekend is a fantastic time to start this relaxing activity. The Saskatoon Public Library even offers Birding Backpacks to help you and your family spot and identify different bird species.

Grab your family and friends, and make the most of this Easter weekend in Saskatoon. There’s plenty to do, so let’s get out there and enjoy it!

Let us know what your planning to do. Did we miss something?

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The True Cost of Waiting for Lower Interest Rates: A Deep Dive into Home Buying Strategy

In the ever-evolving real estate market, one question seems to perennially loom over prospective homeowners: "Should I wait for interest rates to drop before buying my dream home?" It's a complex decision, with potential savings in interest payments on one side and the risk of rising property prices on the other. Let's explore what waiting for that seemingly perfect interest rate really means for your wallet and whether it truly aligns with smart home buying strategy.

The Interest Rate Dilemma

Imagine you've found your ideal home priced at $445,000. The thought crosses your mind: would it be wiser to wait for interest rates to fall? After all, even a 0.50% drop in rates could save you a significant amount in interest over the years.

Taking a hypothetical scenario where waiting does result in a 0.50% rate reduction, you could save around $10,547 in interest over five years. At first glance, waiting appears financially savvy. However, this calculation doesn't consider the full picture.

The Reality of Real Estate Prices

While you wait for rates to drop, the real estate market isn't standing still. Property prices tend to increase, especially when interest rates decrease and more buyers enter the market. This influx of buyers, driven by the more attractive rates, can push prices up due to increased demand and limited supply.

If the type of home you're eyeing appreciates by $20,000 to $30,000 during your waiting period, the initial savings on interest quickly diminish. In essence, the delay could end up costing you more than if you had purchased the home at the higher interest rate.

Timing vs. Opportunity

The timing in the housing market is a delicate dance. While aiming for the perfect moment to buy can seem like a prudent strategy, it often leads to missed opportunities. The market's unpredictable nature means prices could escalate beyond your savings on interest rates, leaving you in a less advantageous position.

The Bigger Picture: Saskatoon's Real Estate Market

To put this discussion into context, let's look at the current dynamics of the Saskatoon real estate market:

Active Listings: Sitting at 548. While new listings have slightly increased by 2% for the month, they've decreased by 5% YTD, suggesting a tightening inventory.

Sales Increase: There's been a notable +22% rise in sales, both monthly and year-to-date (YTD), highlighting a bustling market.

Sold Properties: With 309 properties sold, it demonstrates robust activity.

Comparison to Last Year: Sales have surged by +56 units sold compared to the previous year, further emphasizing the market's growth.

Average Sale Price (YTD): The average sale price has reached $374,787, marking a 6.3% increase from last year, illustrating the upward trend in property values.

Conclusion

Navigating the decision to buy a home amidst fluctuating interest rates and changing market conditions can be daunting. However, understanding the broader implications of waiting for the perfect rate is crucial. The Saskatoon real estate market statistics serve as a tangible reminder of the market's dynamic nature and the importance of weighing the potential cost of waiting against the backdrop of overall market trends.

Ultimately, the decision to buy should align with your financial readiness and personal circumstances, rather than trying to time the market perfectly. Remember, the right time to buy is when it feels right for you, keeping in mind that the market waits for no one.

As always, if you have any questions about the current market conditions in Saskatoon, please reach out to us. We are always happy to help!

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

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New property listed in Stonebridge, Saskatoon

I have listed a new property at 611 Sutter MANOR in Saskatoon. See details here

Discover the allure of this two-story home in the desirable Stonebridge neighborhood. where sophistication meets comfort. The heart of the home, a gourmet kitchen, boasts dark wood cabinets and stainless-steel appliances. Retreat to one of three plush bedrooms each featuring a walk-in closet, offering a personal haven of relaxation. The 2.5 baths are accented with modern touches. Step onto the expansive deck for serene evenings or lively social gatherings. An attached double garage completes this picture of suburban bliss

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New property listed in Brighton, Saskatoon

I have listed a new property at 341 Chelsom MANOR in Saskatoon. See details here

Welcome to the Rhumley. Entering from the 3 car garage that is fully drywalled and insulated into your mudroom with lockers. You continue into the walk through pantry into the kitchen, complete with lots of cabinets and pots and pans drawers. The dining room features an oversized patio door, and the living room has an electric fireplace. Upstairs you walk into the large Primary bedroom with the amazing ensuite. An oversized vanity, double sinks, separate tub and a beautiful tiled shower. Continue on into the walk through closet with lots of storage space, and then on into the laundry room with quartz countertop with sink. This design is popular with health care and shift workers as you don't need to reenter the bedroom once you are ready for work. There are 2 more bedrooms and the bonus room is at the front of the home, so the Primary retreat is far removed from possible gaming and movie noise of other family members. All Pictures may not be exact representations of the home, to be used for reference purposes only. Errors and omissions excluded. Prices, plans, and specifications subject to change without notice.  All Edgewater homes are covered under the Saskatchewan New Home Warranty program. PST & GST included with rebate to builder.

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Saskatoon Real Estate Market - February Snapshot

In February 2024, the Saskatoon real estate market showed significant activity, with some notable trends in sales, listings, and average sale prices.

Sales Volume

Compared to the previous year, sales saw a substantial increase both for the month and year-to-date (YTD), with a 22% rise. Specifically, there were 309 properties sold, marking an increase of 56 units or 22% over the 253 sales recorded during the same period last year.

Inventory

The market had a total of 548 active MLS listings. The number of new listings in Saskatoon also experienced a slight change, totaling 434 for the month. This represents a modest 2% increase from the previous February, which had 426 new listings. However, when looking at the year-to-date figures, there's a slight decrease of 5%, indicating a mixed trend in new market entrants.

Average Price

The average sale price for homes in Saskatoon during February 2024 was $366,485, which is a 2.8% increase from the $356,597 average sale price recorded in February of the previous year. Moreover, the year-to-date average sale price showed more substantial growth, reaching $374,787. This marks a 6.3% increase from the $352,601 average in February 2023, showcasing a healthy appreciation in property values over the year.

Summary

Overall, the Saskatoon real estate market in February 2024 demonstrated robust sales growth and a slight increase in new listings, alongside a notable rise in average sale prices both monthly and year-to-date, reflecting a positive trend for the local real estate landscape.

Saskatoon Real Estate Market Statistics at a glance:

Active Listings: 548

Sales Increase: +22% (Month and YTD)

Sold Properties: 309

Comparison to Last Year: +56 units sold

New Listings: 434, up 2% for the Month and down 5% YTD

Average Sale Price (YTD): $374,787, up 6.3% from last year

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

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New property listed in Briarwood, Saskatoon

I have listed a new property at 25 138 Banyan CRES in Saskatoon. See details here

Welcome to #25 - 138 Banyan Crescent, nestled in the heart of Briarwood, offering the perfect blend of comfort, style, and convenience. This well maintained 1203 sq ft townhouse boasts 2 bedrooms and 3 bathrooms. As you enter, you'll be greeted by an inviting atmosphere, highlighted by an abundance of natural light and an open layout that seamlessly connects the living, dining, and kitchen. Step outside to your private deck. Perfect for summer barbecues or morning coffee, this outdoor space offers a peaceful retreat from the hustle and bustle of daily life. The primary bedroom comes complete with a cozy fireplace, perfect for chilly nights and a spacious walk-in closet. The basement is fully finished with a large family room, 4 pc bathroom and laundry. Additionally, the townhouse offers ample visitor parking, ensuring your guests always have a convenient place to park when visiting. Conveniently located in the sought-after community of Briarwood, this townhouse offers easy access to parks, shopping, dining, and more. With an attached garage, parking is a breeze, while nearby amenities cater to your every need. Most of the appliances are newer, including the washer and dryer. The furnace, central A/C and hot water heater are newer as well.

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