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Home Renovations

Now that the winter is here and we’re all inside more of the time than usual, you may be feeling that your home is a bit cramped. If so, you’re not alone. One in four people say they’ve outgrown their home.

This month I’m sharing some information on why and how people decide to renovate their homes. It could be an easy fix, like reconfiguring existing rooms or a much bigger project, such as building an accessory dwelling unit (ADU) or adding a second story. I’ve also included typical costs for these projects as well as the ROI. (Of course, costs will vary based on scope of project and location).

If you need a professional to help you with any home renovations, feel free to reach out and I’ll connect you to one in my trusted network.

Craig Finnman

RE/MAX Elite
(780) 982-1589⁠
craig@craigfinnman.ca⁠

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3 Ways to Stand Out in the Spring Market

Spring – the flowers are blooming, the birds are chirping, and the “For Sale” signs are sprouting up on lawns all around you. This can be one of the best times to list your home, which also makes it one of the most competitive times. So, how can sellers stand out in a busy spring market? We asked RE/MAX affiliates across Canada to share their top tips.

Clean up Outside

Pressure washing your driveway, sweeping your front walkway and picking up winter debris such as twigs and branches are incredibly important steps to take to make your property look its best once the snow has cleared.

It’s important to wash windows and frames on the outside of your house and touch up exterior doors and trim with paint if necessary. Roof gutters and siding should also be cleaned and maintained.

Any extra cars should be parked away from the property, and spring toys and bikes shouldn’t be left outside.

Steps can also be taken to improve landscaping. Adding flowering plants and shrubs will add colour to your home. Be sure to tidy flower beds and maintain your lawn. If you have a pet, be sure to clean up any droppings on a regular basis.

A well-manicured curb appeal can make the difference when everything is in full swing. Don’t overdo it with the flowers and plants, as there are also people thinking about high maintenance yards when buying a home, which could end up being a turn off, even when it looks pretty.

Freshen up Inside

The inside of your home should be tidy with no clutter. Light fixtures, appliances and windows should be cleaned. Be sure to move large appliances and clean in and around where they usually sit.

If you have a garage, make sure you keep the floor swept. Make sure doors and windows throughout the house aren’t squeaking.

You might want to consider purchasing a new welcome mat at the front door, adding new bedding and purchasing candles that have a nice smell that’s not overwhelming. A fresh bouquet on your kitchen table or counter is a great way to keep the space smelling and looking great.

Once your house is clean, get professional photos taken to make each room look its best. Good photography can go a long way in helping a home stand out from the others.

Be Sure the Price is Right

The spring market is an incredibly popular time of year for sellers to list their homes. If you have priced your home too high, buyers will likely opt to look at similar, more reasonably priced homes. I will take in many factors to help you list your home at a price that is competitive with other listings, yet a fair deal for you.

Also consider putting the home on the market a bit earlier than the regular spring crowd. This will limit the amount of competition and get the eyes of serious buyers on your property first.

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January 2024 | Bank of Canada Rate Announcement

The Bank of Canada maintains its overnight rate at 5%, with a focus on restoring stability. Global growth slows, inflation eases, and our nation's economy faces challenges. Despite near-zero growth, a gradual recovery is anticipated in mid-2024.

Seeking a trusted mortgage broker to guide you through the financing maze? Connect with me, and I'll hook you up with an exceptional mortgage broker who understands your unique needs.

Unlock the door to your dream home effortlessly!

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Rank My Agent | Best of Edmonton & Top 100 Agents Canada | 2023
Thrilled to share some exciting news – I've been recognized by Rank My Agent as one of the Top 100 Agents in Canada and selected as Best of Edmonton for the third year in a row! It's a privilege, and it’s possible because of the incredible support from all of you.

To my amazing clients, friends, staff, and everyone who has been a part of this journey – THANK YOU! Your trust and confidence are everything.

Real estate is more than transactions; it's about the people and therelationships we build. I’m grateful for the opportunity to provide opportunities to others and to serve as your Realtor.

Here's to many more years of helping you achieve your real estate goals.
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Shelter Charity Work in El Salvidor November 2023
I went with a group of 20 volunteers that raised funds to build 25 houses to be built and donated to familiesthat have next to nothing. We got to meet these families and hear there stories and share God's love to them. Thanks to all those that partnered with me to raise funds for Shelter.
 
 
Many people down there live in shanty shacks and only earn $8-10 per day. In 2023 they provided 763 homes via various groups like ours that raised money and went down to help built this simple 2 bedroom homes with a living area that provide basic shelter from the sun and the rains / storms - there is No electricity or plumbing as they still use an outhouse and cook on open fire. This was my second trip down to support this charity and I had the honour of having my son Cole come for the first time and also my brother Ross who came down for his second trip.
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Mortgage Relief in Sight

Interest rates have always fluctuated, but on average have hovered in the 5-10% range for the past three decades. And industry experts believe rates will potentially fall to the low 6 percent range by the end of 2024.

Connect with me for an in depth perspective if you’re contemplating buying or selling your home.

Craig Finnman
RE/MAX Elite
(780) 982-1589⁠
craig@craigfinnman.ca⁠

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How To Prepare Your Home For Winter

Winter is a season that brings along chilly temperatures, snow, and icy conditions. While it is a beautiful time of year, it is crucial to take certain precautions and make necessary preparations to ensure that your home remains warm and cozy during this period. As you take the time to prepare your home for winter, you can not only protect your property from potential damage but also create a comfortable and inviting space to retreat to during the coldest months of the year.

Essential Tips in Preparing Your Home for Winter

Heating System Maintenance

Schedule a professional inspection to ensure that your furnace or heat pump is in good working condition. Clean or replace air filters regularly to improve air quality and maximize efficiency. Consider installing a programmable thermostat to regulate temperature and save energy during winter. Additionally, ensure to stock up on sufficient fuel or arrange regular deliveries to avoid running out during the colder months.

Protect Plumbing and Pipe

Drain and disconnect outdoor hoses and shut off exterior water sources. Insulate exposed pipes to prevent them from freezing and bursting. In cold weather, allow faucets to drip slowly to prevent freezing. It is also advisable to know the location of your main water shut-off valve in case of emergencies. You may also insulate your water pipes if you’re planning to take a vacation during winter.

Check Your Roof and Gutter

Clean out gutters and downspouts to ensure proper drainage. Consider installing heating cables along the roof edges to melt ice and prevent the formation of ice dams. Inspect your roof for any damage or leaks and repair them promptly. Additionally, ensure the downspout is away from your home to prevent flooding and water damage. Installing gutter guards is a valuable investment as they can effectively keep debris out.

Ensure Smoke Detectors are Working

Smoke detectors play a crucial role in safeguarding our homes and the lives of our loved ones. It is essential to regularly check and ensure that these devices are in proper working condition. Here are a few steps to follow to ensure that your smoke detectors are functioning effectively:

  • Test the alarms
  • Replace batteries if needed
  • Remove dust and debris on the sensors
  • Check your smoke detector’s expiration date
  • Test interconnected smoke detectors


Ensure Proper Insulation

Proper insulation is crucial in keeping your home warm and preventing heat loss. Check for gaps or cracks in windows, doors, and walls, and seal them with weatherstripping or caulk. Insulate your attic, garage, and basement, as these areas are prone to heat escape. Protect your attic from pests that may seek shelter during winter by inspecting for entry points and placing a screen beneath any vents. If you suspect an infestation, it is advisable to contact pest control.

Emergency Preparedness

Stock up on winter essentials. Keep an emergency kit handy, including flashlights, batteries, candles, blankets, and non-perishable food items. Have a supply of rock salt or sand to melt ice on walkways and driveways. Consider investing in a generator to ensure a backup power source during potential outages.

Protect Outdoor Furniture and Appliances

Remove any dirt, debris, or stains that may have accumulated during the summer months. Once your outdoor furniture and appliances are dry and clean, consider applying a coat of protective sealant or paint to wooden furniture and rust-resistant spray or paint on metal furniture to protect it from corrosion. Additionally, consider using waterproof covers for your appliances to shield them from rain, snow, and ice.

If possible, store your furniture and appliances indoors for the winter months to provide the best protection against extreme temperatures and weather conditions. If indoor storage is not an option, try to find a covered area, such as a garage or shed, where you can store them. Make sure to elevate them off the ground to prevent moisture damage.

Final Thoughts

Preparing your home for winter is not just about keeping your living space warm; it’s about ensuring the safety, comfort, and well-being of your family during the colder months. A well-prepared home not only saves you money but also allows you to embrace the beauty and serenity of winter with peace of mind. So, as the temperature drops, take these steps to make your home a warm and inviting haven for the season ahead!

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December 2023 | Edmonton Real Estate Housing Market Update

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for December 2023 came to 1,229, decreasing from November 2023 by 24.4%, but showing an increase of 25.2% over December 2022.

New residential listings amounted to 1,497, which is 28.3% lower than November 2023, and 27% higher than December 2022. Overall inventory in the GEA showed decreases of 6.7% from December of last year and 15.2% from November 2023.

Total residential average prices came in at $388,637, a 2.0% increase from November 2023, and a 3.5% increase from December 2022. Overall, all residential listings averaged 52 days on the market, a month-over-month increase of 3 days and a six-day decrease when compared to December 2022.

The MLS® Home Price Index (HPI) composite benchmark price* in the GEA came in at $435,000, increasing 0.7% from November 2023, and a year-over-year increase of 3.5% from December 2022.

For December, detached unit sales totalled 701, a decrease of 24.4% from November 2023, but up 22.6% from the previous year. Detached homes averaged $489,392, amounting to a 3.8% year-over-year increase, a 2.2% increase from November 2023. Detached homes averaged 53 days on the market, increasing seven days from November 2023.

Take advantage of the dynamic opportunities in the Greater Edmonton Area real estate market! Connect with me today to navigate these changes and make the most of your property goals. Let’s shape your real estate success together!

Craig Finnman
RE/MAX Elite
(780) 982-1589⁠
craig@craigfinnman.ca⁠

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What's Ahead For The Housing Market?

As we start a new year, the real estate market is once again shifting. Many experts project that home sales will continue softening throughout most of the country due to higher for longer interest rates and lack of inventory.

Here is some information on the state of the housing market along with historical mortgage data to provide some perspective for the time we are in. We will also look at the place we call home, and why Canada so often makes it into the top places to live charts.

I am always here to answer any questions you may have. Feel free to reach out any time!

Craig Finnman
RE/MAX Elite
(780) 982-1589⁠
craig@craigfinnman.ca⁠

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Top 100 Associates | November 2023

Thrilled to be recognized as a Top Producer at RE/MAX Elite for November 2023! Congratulations to my colleagues for their outstanding achievements too! The hard work and dedication truly shines, and I'm proud to be amongst such amazing people.

To our clients, your trust in us fuels our passion for real estate. Thank you for allowing us to be a part of your journeys – your satisfaction is our greatest reward!

As a Realtor, there's nothing more fulfilling than turning dreams into reality and building lasting connections. Here's to more success, and more dreams achieved.

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Data last updated on November 6, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.