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Low-Cost Tips to Get your Home Ready for the Holidays in Fort McMurray

Patrick (Pat) Dardis: Real Estate Agent in Fort McMurray, AB

Low-Cost Tips to Get your Home Ready for the Holidays
It's that time of the year again and even though getting your home ready for the holidays can seem like a chore, it doesn't have to be. Fortunately, it doesn't even have to take up much time or money, either. You can do it in a few easy steps. Just get in the mood to be creative.

Add colour and texture
Simply displaying some richly coloured pillows or throws in any room can give the room a different feel. Choose warm and spicy colors, or maybe something with mirror work to catch the light and add to the glowing effect and sparkle of the holiday season.

Neutrals, metallic and peacock shades are the hot holiday hues of 2008, so don't feel like you have to stick with the traditional red, green and white schemes.

Artwork, throws and mirrors can also add a new splash to the walls.

Spread some warmth
Changing the shades on your lamps to warm coloured ones can make the light appear richer. By lighting candles in holiday scents - ensuring, of course, they're displayed in safe areas away from flammable objects - your room can take on a warm glow.

Revamping or creatively using what you already own can also create lush looks in leaner economic times. For instance, filling a clear glass bowl or vase with ornaments of a single bright colour can make for an eye-catching display.

Another trick that makes for a pleasing display that is kind to the wallet involves bringing in some evergreen cuttings and using ribbon or other household items to dress them up. And you can make old wreaths look new by attaching fake berries, sprigs or pine cones.

You can also refresh your old decorations by dressing them up with paint or glitter.

Make it cozy
There's no better time than the present to get started on your holiday cleaning. If you rid your rooms of clutter, especially those catch-all coffee tables and kitchen counters, your home will seem much more inviting.

Piles of junk mail, unfiled bills and magazines not only look messy, but can also interfere with your cleaning efforts. It's much easier, and faster, to dust a clear surface than to clean around three months' worth of the latest decorating magazines and some early Christmas cards.

To eliminate - and prevent - clutter, everything should have a designated space. Magazines, for instance, can be placed in a bin under the coffee table, while children's art can be stored in a chest or accordion-style folder.

And to encourage an even more inviting atmosphere, think about arranging your furniture in conversation groups. You have to move the furniture anyway in order to get rid of those dust bunnies, so why not try arranging them in a fresh, new manner?

Fort McMurray MLS Market Stats for October 2008

Patrick (Pat) Dardis: Real Estate Agent in Fort McMurray, AB

McMurraysBestHomes.com Fort McMurray Alberta MLS Market Stats

Updated November 4, 2008

October 2008

$ Value of Units Sold for Current Month

# of Units Sold for Current Month

# of New Listings for Current Month

# of Active Listings End of Current Month

$ Average Unit Price for Current Month

RESIDENTIAL

1. Single Family

$43,553,501

63

165

452

$691,325

2. Multi-Family

$9,655,600

21

68

136

$459,790

3. Other/Duplex

$4,598,800

9

24

40

$510,977

4. Mobiles

$45,000

1

3

6

$45,000

5. Mobiles/Own Lot

$6,075,500

14

27

92

$433,964

6. Other (Out of Town)

$530,000

1

18

103

$530,000

TOTAL

$64,458,401

109

305

829

$591,361

NON-RESIDENTIAL

1. Vacant Land/Lots

$400,000

3

28

146

$133,333

2. Commercial

$875,000

1

3

20

$875,000

3. Other

$0

0

8

16

$0

TOTAL

$1,275,000

4

39

182

$318,750

GRAND TOTAL

$65,733,401

113

344

1011

$581,712

Number of Residential Units Sold According To Price Category:

Under $69,999

1

$170,000 - 199,999

0

$70,000 - 119,999

0

$200,000 - 249,999

0

$120,000 - 129,999

0

$250,000 - 299,999

1

$130,000 - 139,999

0

$300,000 - 349,999

3

$140,000 - 149,999

1

$350,000 - 499,999

27

$150,000 - 169,999

0

Over $500,000

77

This information is obtained from independent research of Fort McMurray MLS activity and does not necessarily represent all the activity in the market. We believe the information herein represents an accurate picture of the market although we don't warrant it to be so.

The Market has changed in Fort McMurray!!!

Patrick (Pat) Dardis: Real Estate Agent in Fort McMurray, AB

We have gone from listing and selling within a week or two, to actually having some inventory for the Buyers to look at. For the last six months the number of listing has grown. The largest increase in the number of homes has come in the month of October with over 181 new listings. The Average price for a family home in Fort McMurray, Alberta has remain stable at $650,000 through most of the summer and fall.

Timberlea Fort McMurray remain the hottest Real Estate area in Fort McMurray with over 825 listings to date this year and sales of 512 units. Timberlea is the fastest growing new area in the city. Timberlea has a mix of starter and move up homes ranging in price from $520,000 to $1.5 Million. Timberlea also has a great mix of multi-family units ranging in price from $400,000 to $650,000.

For complete up to date market information in the Fort McMurray area please visit www.mcmurraysbesthomes.com or call Patrick Dardis at 780 215 7355

The Credit Crunch & Your Mortgage

Patrick (Pat) Dardis: Real Estate Agent in Fort McMurray, AB

A friend Gary Tagg sent me this report.

With the election now in the past, the big news headlines are all about the economy. Terms such as "credit crunch" have been coined to try and describe what the international financial sector has been experiencing.

We thought we would spend a few minutes and go over how this credit crunch has affected the mortgage markets.

1. Existing Adjustable Rate Mortgages

If you are fortunate enough to be in a floating interest rate mortgage, you have probably noticed your payments decrease over the past several months. You will also notice in November that your payments will have gone down again.

Prime, which your mortgage rate is floating against has gone from 6.25% all the way down to 4.0%. For many of our clients, that means an interest rate less than 3.5% on your mortgage. These current rates are likely to stay low (or even up to 0.75% lower still) until 2010.

The Bank of Canada released a statement on Tuesday indicating that we are still likely to see a few more rate cuts saying "some further monetary stimulus will likely be required" and has indicated that inflation in 2009 will be close to 0.60%, much lower than the ideal 2.0%.

2. New Adjustable Rate Mortgages (and Home Equity Lines of Credit)

While we used to offer rates as low as Prime LESS 0.90% on Adjustable Rate Mortgages, those rates have slowing edged their way up. In the last 4 weeks, we have seen two trends with this type of mortgage offering:

1. Rates have gone from being LESS than Prime to being MORE than Prime. Today, our lowest Adjustable Rate Mortgage is at Prime PLUS 0.75%.

2. Some lenders have stopped offering floating rate products altogether. For a few days even CIBC stopped offering them, but brought them back (albeit at a much higher rate) a few days later.

3. Fixed Rate Mortgages

We have recently seen rates on Fixed Rate Mortgages go up, but they haven't yet increased beyond levels we have seen in the last year. If you are currently in a Fixed Rate Mortgage, you can rest assured that your payments will not change until your mortgage comes up for renewal.

4. Mortgage Renewals

If your mortgage is coming up for renewal, there are many factors to consider. Please give us a call at 1-877-241-8934 or visit http://www.albertahomemortgages.com before signing any renewal papers!

Once you know that you are ready to purchase a home in Fort McMurray, please visit www.McMurraysBestHomes.com or call Patrick Dardis of Royal LePage True North Realty at 780 715-1382

Home Maintenance Checklist for Fall and Winter

Patrick (Pat) Dardis: Real Estate Agent in Fort McMurray, AB
Small Pic

Home Maintenance Checklist for Fall and Winter in Fort McMurray, Alberta.

As the winter season approaches and the air become crisp, it's time to start thinking about preparing your house for the season. The winter season means spending more time indoors, hence roofs need to shed rain and snow, windows and doors need to reject the cold, and the heating system needs to keep rooms comfortable. If any of these components don't hold up, you might be faced with scrambling around in the wet, cold and dark to fix them.

By handling these important yet reasonably easy tasks now, you can avoid considerable grief later.

Outdoor Preparation

  • Check the roof for cracked or missing shingles, bald spots on shingles, missing or damaged flashing, and other conditions that might allow leaks. Replace any roof shingles that are missing or damaged. Seal minor cracks or tears with roofing cement.
  • Check the gutters. If they are clogged with leaves and debris, clean them. Gutters prevent basement and foundation flooding and water damage to siding, windows, and doors.
  • Check the siding for cracks or damage and seal any leaky spots with clear caulking compound.
  • Windows and doors. Make sure they are properly sealed with weather stripping and replace any damaged parts. Weather stripping prevents drafts and winter heat loss.
  • Trim trees and bushes away from the house.
  • Cover air conditioner and barbecue to prevent winter damage.
  • Store lawn and patio furniture in a shed or basement. If space is limited, weather-resistant covers can protect outdoor furnishings.
  • Close your pool before leaves start to fall, and night-time temperatures begin to drop and you risk an algae bloom.
  • Drain and shut off outdoor water faucets and remove and store garden hoses.
  • Store kids toys indoors or in an outdoor shed to prevent rusting and fading.
  • Check and repair exterior lighting before daylight fades.
  • Scrape peeling paint and apply touch up paint to your siding, trim and fences, and apply waterproofing sealer to your deck if necessary.
  • Examine driveways and walkways for cracks. Larger cracks should be sealed to keep out water.

Lawn and Garden

  • Prepare planting beds when the soil is relatively dry. By adding soil and mulch to your beds, you'll be a step ahead for spring planting.
  • Plant spring blooming bulbs and perennials.
  • Protect roses, saplings and small trees by sheltering them with a burlap screen.
  • Pull weeds to reduce the number of seedlings next spring.
  • Mow grass short for the final cut of the year by reducing the cutting height gradually to 3.5 cm (from 7.4 cm) until the grass stops growing.
  • Check ground grading around the house. All surfaces next to the walls should be sloped to shed water away from the house. This is most important on warm winter days, as melting snow runs quickly across the surface of frozen ground. If the grading is incorrect, water will potentially flow into the house, causing basement leakage. Now is the time to use a shovel to re-slope the grass, or call a paving contractor to correct a negatively sloped walkway or driveway.

Indoor Preparation

  • Bring container plants inside and make sure they are free of pests. Doing so may enable plants to survive the season and bloom again in spring.
  • Caulk around window and door casings to keep out air and water. If your house has wood siding with window frames that stand out from the siding, caulk the top and sides of the frame. Don't caulk under the sill as this space should be left open to allow moisture inside the wall to escape. If your house is brick or stone, with window frames that are set into the finish material, caulk all four edges of each frame where the brick mould meets the masonry.
  • Clean or replace Furnace filters as needed. Check and clean dryer vent, air conditioner, stove hood and room fans. Keep heating and cooling vents clean and free from furniture and draperies.
  • Ensure that all smoke detectors, carbon monoxide detectors and fire extinguishers are in good working order. Replace batteries as needed, or at least twice each year.
  • Have your heating system checked by a licensed heating/air-conditioning professional. Most furnace manufacturers recommend annual inspections.
  • Have your chimney(s) inspected by a chimney service and, if necessary, cleaned. Cleaning is generally recommended at least once a year for an active fireplace.
  • Store plenty of salt or rock salt, snow shovels, and any other items you will need during the winter.
  • Examine the basement floor and walls for cracks or leaks; seal as needed.

If you plan to reside elsewhere during the winter months, you may want to partially shutdown your home. In addition to the tips above, consider the following:

  • Leave the temperature at its lowest setting, usually between 5 to 7 degrees Celsius or install a low-heat thermostat to maintain the air temperature at approximately 5 degrees Celsius
  • Turn off and drain the water heater; leave a reminder to refill before restarting.
  • Keep the electricity on so lights will continue to function (put lights on timers).
  • Unplug the microwave, clothes dryer, televisions and other appliances not in use.
  • To avoid large repair bills and the hassle associated with breakdowns, take the time now to develop an action plan for the coming months. You'll feel secure in your warm home or while you're away from home.


A Fort McMurray winter can be hard on a house, following the easy steps above will help preserve your investment and prevent any unnecessary chores or repairs that might be difficult to do during winter.

For all your Real Estate needs in Fort McMurray, please visit www.McMurraysBestHomes.com or call Patrick Dardis of Royal LePage True North Realty at 780-715-1382