Aluminum Wiring in Homes & What to Consider when Purchasing a Home

Many homes constructed in the 1960s and 1970s were built using aluminum wiring. It is more susceptible to being brittle, and a poorer conductor compared to copper. It may corrode over time if exposed to moisture causing it to expand and contract. That leads to the wires potentially loosening and overheating. All those factors may lead to a greater risk of fire. 

While homes with aluminum wiring are not necessarily unsafe, there are implications to property insurance that homeowners and potential home buyers should consider.  


Right now, please be aware that a limited number of insurers may not provide insurance on homes with aluminum wiring, regardless of its condition. Before…

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STRONG DETACHED SALES LEAD THE SEVENTH CONSECUTIVE MONTH OF ABOVE-AVERAGE SALES IN SASKATCHEWAN


As we kick off the new year, Saskatoon's real estate market is still going strong, showing off its resilience and energy. Stats are showing the housing market that's both steady and buzzing with activity.

Detached homes in Saskatoon

January sales increased by 22% compared to last year as we saw 150 detached sales in Saskatoon. There was 234 New listing, a decrease of 1% & making our total inventory down 19% as the total inventory was 433. Average Sale Price for Detached in January increased by 8% compared to last year with $447,278.

Semi-Detached homes in Saskatoon

For semi-detached homes in Saskatoon had an 150% increased in sales from…

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JUST LISTED

226 Eaton Crescent, Rosewood

$449,900

 View Full Listing

Welcome to 226 Eaton Cres located with in the popular Meadows on a quiet & established crescent. Offering 1,436sqft of developed living space built by Montana homes with great street appeal offering a covered front veranda.

Open main floor offering a bright & practical layout with 9ft ceilings.


Spacious kitchen with corner pantry, large island & a big window at the sink overlooking the backyard. Main floor also has a 2pc powder at the back door.


Upstairs you will find a primary bedroom overtop of the front of the home with a walk-in closet & 3pc bathroom. 2 additional bedrooms upstairs, a 4pc bathroom & laundry.

Basement is open for…

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Saving for your first home just got a little easier. The First Home Savings Account (FHSA) offers a smart new way to save for your first home, on a tax-free basis.

What is the FHSA?

The FHSA combines the features of a Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account (TFSA). It works like an RRSP when contributing and acts like a TFSA when making withdrawals. This means contributions are tax- deductible while qualifying withdrawals are non- taxable.

As a type of registered plan, you can hold investments in it to help reach your goal of owning a home faster. There’s no minimum balance required to open an account and you can hold a wide range of investment products.

The best part is that…

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Unlocking New opportunities with the Secondary Suite Grant

The Saskatchewan Secondary Suite Incentive (SSI) grant program is designed to improve housing affordability by generating supplementary income for homeowners and increase the availability of rental units in our communities. The grant program will provide 35% of the cost to build a new secondary suite at an owner’s primary residence, to a maximum grant of $35,000 per qualifying property.

A qualifying property is a new private, self-contained residential unit and includes basement suites, laneway homes, garden suites, and garage suites. The qualifying property must include a full kitchen and full bathroom and must meet all national, provincial and municipal bylaws, codes and standards. The…

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In December, Saskatoon's real estate market showcased robust performance with 230 sales, marking a 14% increase from the previous year and surpassing the long-term 10-year averages by 10%. However, this surge in sales was accompanied by a decrease in new listings, leading to a continued decline in inventory levels, nearly 45% lower than the 10-year average in the Bridge City.

The scarcity of available properties reinforced tight market conditions, contributing to modest price growth. Saskatoon reported a benchmark price of $374,100 in December, representing a notable increase of over 5% compared to December 2022.

The total inventory for December stood at 691, marking a 23% decrease year over year, further underlining the limited availability of properties…

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STRONG SALES CONTINUE IN OCTOBER DESPITE PERSISTENT INVENTORY CHALLENGES

The City of Saskatoon reported 382 sales in October, a year-over-year gain of 20 per cent and 12 per cent above long-term, 10-year trends.
New listings failed to offset a sixth consecutive month of above-average sales, resulting in the lowest October inventory levels reported in the Bridge City since 2007.
The benchmark price  reached $382,700 in October, up from $381,900 in September  and nearly 4 per cent above October 2022.
Year-over-year price gains were reported in all property types, ranging from one per cent in semi-detached properties - to an eight per cent
increase in townhouse/row-style properties
Average sale prices in October
Single family homes $439,151
Single…

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Saskatoon is home to a thriving culinary scene with a variety of excellent restaurants to satisfy a range of tastes. Here are some of the top restaurants in Saskatoon that you should consider trying:

1. **Ayden Kitchen and Bar:** This restaurant, led by Top Chef Canada winner Dale MacKay, offers a farm-to-table dining experience with a focus on Canadian cuisine. The menu features a variety of delicious dishes, including their famous duck and local ingredients.

2. **The Hollows:** Known for its rustic and sustainable approach to dining, The Hollows offers a unique and diverse menu that changes with the seasons. Their farm-to-table philosophy ensures fresh and flavorful dishes.

3. **Little Grouse on the Prairie:** If you're a fan of Italian cuisine, this is…

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When considering buying a rental property in Saskatoon, Saskatchewan, here are some key factors to keep in mind:

  1. Location: The location of the property is a crucial factor to consider when buying a rental property. Look for areas with high demand for rentals, such as close to universities or colleges, public transportation, or areas with high job growth. In Saskatoon, areas such as the downtown core, City Park, Varsity View, and the University of Saskatchewan area are popular rental locations.

  2. Property Type: Consider the type of property you want to invest in, such as a single-family home, duplex, or multi-unit building. Each property type has its advantages and disadvantages, so it's important to understand what you're getting into.

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Wanting to move to an acreage?

If you're considering buying an acreage between 0-20 acres outside of Saskatoon, Saskatchewan, there are a few things you should keep in mind:

  1. Land Use and Zoning: It's important to check the zoning and land use regulations that apply to the property before buying. These regulations may impact how you can use the land, whether you can build on it, and what kind of structures you can erect.

  2. Soil Quality: Soil quality is a crucial factor to consider when buying an acreage, particularly if you plan to farm or garden. Different areas in Saskatchewan have varying soil types, and it's essential to understand what kind of soil is present on the land.

  3. Water Source and…

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