New Lot Listing 18 Aspen Crescent.

One of the nicest (and largest) building lots in Fernie.

- 0.266 acres
- treed
- all services at lot line.

$199,900 open to offers.

Contact me for Building scheme. I am also working with a local custom home builder if you require building plans.


Build your dream home here.

Thanks

Ryan

Open House - 1252 6th avenue

Public Open House
1252 6th Avenue

Saturday July, 24th, 2010

11:00 am - 2:00 pm

3 bedroom home located in the downtown area of Fernie. Perfect starter home or vacation retreat.

Refeshments to be served.

$289,995

Hosted by:

Ryan J. Frazer
Sales Representative
Century 21 Maximum Realty Ltd.
Cell : (250) 531 0303
Office: (250) 423 4113
Fax : (250) 423 4103
www.ryanjfrazer.com
http://realestatefernie.blogspot.com

You want it Sold..... or just for sale????

What are the best ways to sell a house (even in a slow market)???

FIRST IMPRESSIONS ARE HARD TO BREAK

Most home buyers form an opinion about your home within seconds
of seeing it for the first time. They will probably spend less than 15 minutes
touring your house, and they are going to see many other houses with
similar features and amenities. Give your the home the best chance of selling with a great first impression.


CURB APPEAL

A mowed lawn, clean sidewalk, fresh flowers and a tidy overall appearance can create a great first impression.

The way your home looks from the street can make or break the sale.
A large percentage of home buyers decide whether or not to look inside
a house based on its curb appeal.

Start by viewing your property from the home buyer’s perspective. Ask yourself what is your first impression of the home front, what are the best and worst features and how can you enhance, improve or minimize them? Ask yourself whether a prospective buyer would want a 1985 Malibu to be used as a planter box on their front lawn.



As an agent I have had the pleasure of showing some of the most beautiful properties in the valley, but I have also shown many great properties with terrible curb appeal.

RENOVATE FIRST.....THEN SELL



Sweat equity is one of the best ways for us to add value to our homes. A well finished home will not only bring a higher price but will also ensure a faster sell. If you expect a buyer to pay for your upgrades ensure that your work is COMPLETELY FINSHED before allowing potential buyers to see the home. Door trim, caulking, landscaping, flooring etc... should be showroom ready. Fresh paint and waxed floors are never a bad idea.

All tools, excess building supplies, and garbage should be put away out of sight. Try and avoid the look of a building site.

Kootenay siding is a ingenious way to keep your tax assessments low, but it also functions as a serious deterent to many buyers.

If you are unable to finish your renovations before selling be prepared to adjust your price accordingly.


DE-CLUTTER and DE-PERSONALIZE

This is one is a tough one for many sellers. We want buyers to be able to imagine themselves buying their own home rather than buying our home. Remove as many personal items from the home as possible, but leave just enough so that the home doesn't feel empty.

Your trophies for bowling league champion during the eighties may instill you with a sense of personal achievement but probably won't do much to help with the sale of your home.

CLEANLINESS is next to SOLDLINESS

Your house should be as clean as possible for viewings. There is no good excuse for a messy home during a viewing.

PRICE

Be realistic about your price and know your bottom line. If you have questions about the value of your home speak with a licensed REALTOR(r) who is familiar with the local market.

Please post your comments below or email me with any questions you may have.

Thanks

Ryan
ryan@c21maximum.ca
(250) 531 0303

Sparwood...not just for miners anymore

Sparwood, our neighbour to the north, boasts the world's largest truck, a fantastic aquatic center with salt water pool, some of the best pavement in the valley and exceptional deals on real estate.

Here are some stats regarding prices of homes in Sparwood versus Fernie

4 bed/ 2 bath Detached home in Sparwood - $295,500 (2430 sq ft.)
4 bed/ 2 bath Detached home in Fernie - $379,900 (2000 sq ft.)

Condos

3 bed/ 2 bath townhome Sparwood - $155,000 (1430 sq ft.)
3 bed/ 2 bath townhome Fernie - $260,000 (1080 sq ft.)

Modular Homes

3 bed/ 1 bath modular Sparwood - $39,900 ( 924 sq ft)
3 bed/ 1 bath modular Fernie - $79,995 ( 1075 sq. ft)

Thats an average of 32% more for property in Fernie compared to Sparwood (1% for every km).

I am often involved in conversations regarding the difference in house prices between Fernie and any number of Canadian cities. The old cliche rings true.. Location.. Location.. Location. Real estate is a unique investment, each property is different from the next, and location of that property is key. Its a good idea to always buy a house in a location that people want to live.

Take a short drive up the valley to Sparwood and have a look around.

Check out the developments at Whiskey Jack Golf Course, slightly ahead of Blackstone course in Fernie.

Thanks

Ryan

Great deals on Real estate and Airplanes???

As many of you have noticed there is an abundance of real estate signs all over lawns in Fernie.

What is the cause of this glut of excess real estate? A weaker than normal British Pound Sterling(GBP) is one of the key reasons. This currency has dropped substantially in comparison to our Canadian dollar. (Jan 1st 2007 1 GBP = 2.28 CAD, Jan 1st 2010 1 GBP = 1.67 CAD). The effect of the weakened pound/economy in the UK is virtually eliminating UK buyers of vacation property in Fernie.

In addition, many British owners in Fernie are liquidating their vacation properties. The luxury items go first in a recession.

A more obvious cause of the excess of properties for sale is a lack of buyers. Bank laws have changed and it becoming increasingly more difficult to qualify for mortgages.

The good news is that it is a great time to buy in Fernie and the majority of my clients looking today are locals hoping to move into larger homes. If you see a property that interests you, put in an offer, you just may get it for a real bargain.

As I was riding the Elk Chairlift up the ski hill, I was speaking with a tourist from the Toronto area. He remarked that in times of recession, one of the best things to do is have some cash on hand to "take advantage" of all the good deals on real estate and non essential toys. According to him one of the best quick cash turn-arounds are airplanes, as they are expensive to buy, expensive to operate and often bought on emotion.

http://www.controller.com/listingsdetail/aircraft-for-sale/PIPER-NAVAJO-CHIEFTAIN/1974-PIPER-NAVAJO-CHIEFTAIN/1170741.htm?dlr=1

http://www.realtor.ca/PropertyDetails.aspx?PropertyID=9539989


Thanks

Ryan

Fernie real estate: What's my home worth?

Fernie real estate: Whats my home worth?: "One of the most asked questions in real estate. Second only to why are houses in Fernie so expensive? The most often used method of apprais..."

What's my home worth?

One of the most asked questions in real estate. Second only to why are houses in Fernie so expensive?

The most often used method of appraising the value of one's home is by using the Comparative or Market method. This process involves collecting and analyzing market sales data for similar properties which have recently sold. This method operates on the principle of substitution, which assumes that the market value of a subject property will be comparable to prices paid for similar properties.

Often when working with a buyer I will break down the price of homes into cost per square foot. ie. 1000 sq foot home sells for $300,000. Cost per square foot will be $300 (300000/1000).

Based on sales in the past 6 months, here are the costs per square foot to purchase a detached home in various neighbourhoods in Fernie.

Annex - $199 per sq. ft.
Airport - $188
Coal Creek - $169
Downtown - $208
Golf Course - $251
Ridgemont - $257
West Fernie - $210

Other mountain towns.

Golden - Downtown - $169
Whistler (Up to $1000000) - $538 per sq. ft.

We're still a bargain compared to Whistler and we have way better skiing than Golden.

Thank you for reading the blog,

Tell your friends and sign up for regular updates.

Ryan
(ryan@c21maximum.ca)

Great time for buyers in Fernie

There is an abundance of great real estate for sale in Fernie right now. Prices continue to drop and more listings are avaliable each week.

This is the time to make the move to your next home, or purchase that vacation property you've been saving for.

Email me @ ryan@c21maximum.ca to be placed on an automatic email update list of all new listings.

Thanks

Ryan