best realtor in sherwood park

Work with Steve Leddy, Your Local Real Estate Expert, and Discover Why Sherwood Park is the Ideal Place to Buy or Sell Your Home!

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Nestled just east of Edmonton, Sherwood Park offers a blend of suburban charm and urban convenience. Sherwood Park is often referred to as one of Alberta’s most desirable places to live. With top-notch schools, numerous parks, and easy access to Edmonton’s downtown core, this community has something for everyone. Which is why it attracts everyone from young families to professionals

If you’re looking to buy or sell in this bustling market, then partnering with an experienced REALTOR® like Steve Leddy can make all the difference. His deep understanding of the local market and commitment to his clients sets him apart in the competitive Sherwood Park real estate landscape.

Why Sherwood Park is a Great Place to Live

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Sherwood Park offers the perfect balance of tranquility and convenience, making it a top choice for those seeking suburban life without sacrificing access to urban amenities. This thriving community is known for its safe, family-friendly neighbourhoods, exceptional schools, and abundant parks and green spaces—perfect for outdoor activities and family outings.

In addition to recreational facilities, residents benefit from a variety of local businesses, shopping centers, and easy access to Edmonton’s downtown core, all contributing to a high quality of life. Whether you’re a first-time buyer, growing family, or empty nester, Sherwood Park offers diverse housing options ranging from affordable townhomes to luxurious single-family properties.

Steve Leddy: The Local Real Estate Expert

When it comes to understanding the Sherwood Park real estate market, Steve Leddy stands out as a true expert. With years of experience under his belt and a reputation for providing personalized, client-focused service, Steve has helped countless buyers and sellers achieve their real estate goals. His in-depth knowledge of the area, from local market trends to neighbourhood dynamics, enables him to offer strategic advice tailored to each client’s unique needs.

Steve’s approach to real estate is built on trust and communication. His clients consistently praise him for going the extra mile, whether it’s finding the perfect home for a first-time buyer or securing top dollar for a seller. Steve is known for his ability to stay ahead of market changes and provide clear, actionable insights that help clients make informed decisions.

Why Hire Steve Leddy Over Other REALTORS®?

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Choosing a REALTOR® can make or break your real estate experience, and Steve Leddy consistently outperforms the competition. His deep understanding of the Sherwood Park market sets him apart. But what truly makes him the REALTOR® of choice is his commitment to his clients.

Steve offers a comprehensive marketing strategy for sellers. This strategy includes high-quality photography, virtual tours, and targeted online advertising to ensure your home reaches the right buyers. His negotiation skills are unmatched. Steve is always ensuring that sellers achieve the best possible price. In addition, Steve’s buyers find a home that meets their criteria within their budget.

Unlike other agents, Steve doesn’t take a one-size-fits-all approach. He takes the time to understand each client’s goals and tailors his services accordingly. Whether it’s helping buyers find hidden gems in competitive markets or guiding sellers through the complexities of listing their property, Steve offers a level of service that’s second to none.

Buying or Selling in Sherwood Park: Steve’s Process

For Buyers:
Steve’s process starts by getting to know you and your needs. Are you looking for a family-friendly neighbourhood? A property with future investment potential? Steve will narrow down the search to homes that truly meet your criteria. His extensive knowledge of Sherwood Park ensures he can provide valuable insights about local schools, amenities, and even lesser-known up-and-coming areas.

Once you’ve found the right home, Steve’s expertise in crafting strong offers and negotiating with sellers will help you close the deal smoothly. He’s with you every step of the way, making sure the home-buying process is as stress-free as possible.

For Sellers:
Selling a home with Steve means you’ll benefit from his keen eye for detail and marketing expertise. From staging advice to professional photography, he ensures your home is presented in the best light. His knowledge of current market trends allows him to price your home competitively and strategically attract serious buyers. Steve also uses a combination of traditional and digital marketing methods to maximize your home’s exposure, helping you get top dollar in a timely manner.

Client Success Stories

Steve Leddy’s clients consistently rave about his commitment to exceptional service and his ability to deliver outstanding results. Here are a few success stories that highlight why Steve is the go-to REALTOR® for Sherwood Park:

  • Darren & Nancy, satisfied sellers, shared:
    “We were thrilled with how Steve marketed our home! It sold quickly and above asking price. His professionalism, transparency, and regular updates made the process easy. He’s a fantastic negotiator and took care of everything. Highly recommended!”
  • Kristin S., a buyer, praised Steve’s dedication:
    “Steve was amazing to work with. He found us the perfect home, even in a competitive market. His knowledge of Sherwood Park made a huge difference, and we never felt pressured. He genuinely had our best interests in mind.”

These are just a few examples of how Steve Leddy goes above and beyond for his clients. He often tailors his services, whether for first-time buyers or seasoned sellers. This strategy proves that working with Steve means you’ll be in trusted hands.

Ready to Buy or Sell in Sherwood Park? Contact Steve Today!

amenities in sherwood park real estate

If you’re considering buying or selling in Sherwood Park, don’t settle for anything less than a REALTOR® who truly knows the area. Steve Leddy’s local expertise, dedication to his clients, and proven track record make him the ideal partner for your real estate journey. Contact Steve today to start the conversation and take the next step toward your real estate goals!

Sherwood Park is an outstanding community, offering something for everyone, from families to professionals. If you’re looking to buy or sell a home in this thriving area, working with Steve Leddy is the best decision you can make. His deep local knowledge, expert negotiation skills, and unwavering commitment to his clients ensure that you’ll have the best possible real estate experience.

Get in touch with Steve today to see how he can help you make your next move a success!

mortgage for new home in edmonton steve leddy real estate

Buying New Houses for Sale in Edmonton: Mortgage Broker Vs. Bank

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When getting a mortgage for new houses for sale in Edmonton, it can be tricky to decide whether to go with a mortgage broker or a bank. Knowing the difference between the two in your home-buying journey is essential. Both options present several pros and cons that could help you make a smarter choice that saves you time and money. In Canada, it is common to use a bank to secure a mortgage due to its established presence and reputation. However, it is not unusual for homebuyers to outsource a mortgage broker. In this article, I will help you better understand the differences between mortgage brokers and banks when it comes to applying for a mortgage. Follow along below to learn more. 

All About Mortgage Brokers

Mortgage brokers are often referred to when it comes time to make a home purchase decision. But, what is a mortgage broker and how are they different from a bank? According to ratehub, mortgage brokers are licensed mortgage specialists with access to multiple lenders and mortgage rates. They act as an intermediary between you (the buyer) and the lender. A mortgage broker’s commission is ultimately paid by the lender who provides the mortgage. Mortgage brokers represent 43% of all mortgage originations in Canada according to the 2023 CMHC Mortgage Consumer Survey. 

Mortgage brokers, like banks, will put together a mortgage application. Some examples of mortgage brokers in Canada include: CanWise Financial, Dominion Lending, Safebridge Financial and The Mortgage Centre. One of the greatest perks to working with a mortgage broker is that they essentially do the “shopping around” on your behalf. They also negotiate for you, and present you with the lowest rate that you qualify for given the market conditions. Any sort of discount that the mortgage broker gets can be passed on to you, which can be of great benefit.

Despite these benefits, there are also some downsides to working with a mortgage broker. For example, they often charge fees that are incorporated into your contract. While using a mortgage broker may appear “free” for creditworthy borrowers, it’s important to be cautious of these potential costs. Another possible risk of using a mortgage broker is the variability in service quality. Not all brokers have the experience and knowledge to secure the best deal for you. Therefore, it’s crucial to find someone trustworthy with a positive reputation. Additionally, if you are purchasing a home for the first time, you might find it advantageous to acquire a mortgage through a bank with which you have an existing relationship.

Using a Bank to Secure a Mortgage for New Houses for Sale in Edmonton

A more common route to securing a mortgage in Canada is through a bank. According to the 2023 CMHC Mortgage Consumer Survey, banks accounted for 57% of mortgage originations. This number has gone down in recent years, due to the growing popularity of mortgage brokers. When you acquire a mortgage from a bank, it usually means that you go through a chartered banking institution that offers personal banking, credit, loan and mortgage services. There is no middleman involved when you receive your mortgage from a bank. This is because the bank acts as a lender. 

When you apply for a mortgage at a bank, they will put together an application for you. Some examples of Canadian banks that you can receive a mortgage from include TD, RBC, BMO, CIBC, Scotiabank and Tangerine. Unlike a mortgage broker, banks can only offer their mortgage products. This can leave you somewhat limited in terms of options. It also requires that you shop around and compare lending rates on your own. As a first-time buyer, this can be somewhat daunting. What’s more, is that even though banks offer discounts on their posted mortgage rates, it is up to you to negotiate to receive them at a cheaper cost. 

Acquiring a mortgage through a bank offers the perk of consolidating your financial services with a provider you already know and trust. This familiarity can simplify your banking experience by allowing you to manage multiple financial products, such as savings, investments, and insurance, under one roof. By leveraging an existing relationship, you may also benefit from streamlined communication and potentially better integration of services tailored to your financial goals. This consolidation can enhance convenience and efficiency in managing your finances.

Contact me Today!

Understanding the difference between mortgage brokers and banks is important as you look towards achieving your real estate goals. Contact me today to learn more about new houses for sale in Edmonton. I’d be happy to answer any questions you have about how to achieve your 2024 real estate goals. Feel free to reach out to me at any time! Be sure to check back next month for more real estate-related information. I look forward to working with you in the near future. 

sherwood park neighbourhood buying guide

A Buyer’s Guide to Sherwood Park Real Estate for Sale

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If you’re looking to capitalize on Edmonton’s real estate market and invest in a home, this guide is for you. Buying a home involves many nuances that both new and previously sidelined buyers should review. From understanding the risks of homeownership to making sure you’re financially ready, there’s a lot to consider. For those who are eager to purchase Sherwood Park real estate for sale, we will be going over everything you need to know about the steps to attaining homeownership in this neighbourhood.

Follow along below to learn more about buying in Sherwood Park, Edmonton. 

Taking Your First Steps

As you start on your journey to finding Sherwood Park real estate for sale, it is important that you begin by assessing your needs and wants. This is an essential step that can help you narrow your search and ensure that buying a home is the right decision. To do this, take some time to reflect upon your future plans. Do you see yourself moving in the next five years? Did you just accept a new job? Are you planning on starting a family or approaching retirement? Asking these questions is a critical first step. If you determine that buying is the most appropriate choice for your situation, you can then start considering more specific questions about purchasing a property. For instance, what size and type of home you want, how many bedrooms/bathrooms you need, and so on. 

The next step is to set your budget. Budgeting is likely the most important part of your buying journey. Finding a price range will dictate several factors. For example, what homes are in your price range, what kind of mortgage you will be looking for, and how much your down payment will be. To get a better idea of your budget, it is a good idea to speak with a mortgage advisor or financial planner. During this step, getting pre-approved for a mortgage of your choice is also a smart decision.

Another key step in the early stages of buying a home is hiring a local real estate agent. Partnering with a real estate agent who understands the local market can play a major role in the success of your purchase. An experienced agent will have great negotiating skills, an in-depth knowledge of the area you’re buying in, and several industry connections to help ease the process. 

What to Know About Buying Sherwood Park Real Estate for Sale?

For those who are interested in buying Sherwood Park real estate for sale, it is a good idea to get a sense of the neighbourhood before narrowing down your search. Sherwood Park, formerly called “The Park”, began in the mid-1950s as a satellite community for Refinery Row industrial employees. However, today, Sherwood Park is a highly sought-after community known for its safe and amenity-rich neighbourhoods. From recreational facilities to greenspaces, Sherwood Park is a desirable area that many Edmonton residents aspire to call home. Within the community exist several high-quality schools and nearby police/ambulance services. 

One of the newer developments in Sherwood Park is called Centre in the Park. This neighbourhood combines modern residential homes with retail services, public spaces, and municipal services. Furthermore, it integrates with older amenities in the community such as Broadmoor Lake Park, the Heritage Trail System, and Festival Place. There are also several businesses and schools connected within the area offering a complete sense of community. 

Another important aspect of Sherwood Park is its hamlet status. In Alberta, the term hamlet is used to define an urban centre governed by the municipality in which it is located. To grasp the significance of this classification, it is important to know that Sherwood Park is a part of Strathcona County. Strathcona County was incorporated in 1996 as a specialized municipality due to its combination of urban and rural areas. This means that the county can receive grants and other provincial benefits available to both rural and urban municipalities. 

Contact me Today!

Working towards buying Sherwood Park real estate for sale is an exciting process. Contact me today to learn more about the real estate market in this area. I’d be happy to answer any questions you have about how to achieve your 2024 real estate goals. Feel free to reach out to me at any time! Be sure to check back next month for more real estate-related information. I look forward to working with you. 

luxury homes for sale in edmonton real estate

Edmonton Luxury Real Estate is Forecasted to Boom in 2024

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Canada’s luxury real estate market remained relatively quiet throughout 2023. However, this year, experts are predicting that luxury homes will start to pick up the pace in terms of sales in the months to come. With interest rates at all-time highs last year, it’s no surprise that several Canadians put a pause on purchasing luxury assets. Now that interest rates are steadying, and rumours of decreases are circulating, eager buyers and investors are looking to make their move on high-end properties. Edmonton, Toronto, Montreal, Calgary, and Vancouver are among the cities looking promising for luxury property transactions in 2024. In this article, I will focus on the Edmonton luxury real estate market and provide some advice for those considering entering the market this spring. Follow along below to learn more!

The 411 on Edmonton Luxury Real Estate

During the bulk of 2023, luxury market sales struggled. Now that mortgage rates are stabilizing, Edmontonians who have been waiting for the right opportunity to purchase, are impatiently waiting to capitalize on the potential upswing in luxury property transactions. 

According to data from the REALTORS® Association Edmonton, the activity in this sector of the market was the lowest it’s been since 2020. This is in part due to the fact that many luxury property buyers were moving away from investing in condos. Rising fees associated with condos led to a perceived increase in value for single-family homes. Consequently, buyers found it more appealing to invest in detached houses than condominiums. 

Edmonton’s neighbour and rival to the south, Calgary, saw tremendous growth in its luxury sales during 2023. Homes with values over $1,000,000 saw sales increases of 13% year-over-year. All the while, properties valued at $4,000,000 and above witnessed a 50% jump in sales year-over-year. Not surprisingly, 88% of these purchases were single-family homes. Although, condo sales in Calgary also remained fairly steady, growing 16% year-over-over. It’s worth noting that the majority of the activity in this sector occurred during the latter half of the year. 

Similar to Calgary, Edmonton also recorded strong activity from the second half of the year onward in the luxury market. This is mainly due to the fact that the luxury market in Edmonton starts at $1,000,000. As a result, it is much easier for buyers to purchase high-end properties compared to cities like Vancouver or Toronto. 

The affordable price tag on luxury properties in Edmonton has been an attractive factor for out-of-province buyers and investors. For those used to the cost of housing in B.C. or Ontario, the value of real estate in Edmonton seems like a bargain. 

Tips for Investing in Luxury Properties

  1. Find Your Limit

When investing in luxury properties, it is critical that you know your limit in terms of price. Having a clear-cut budget is essential as you work towards marking a purchase. Luxury properties are often more expensive to maintain than your average single-family property. This is because many come with additional amenities and features that you wouldn’t normally have with homes in the regular market. Not to mention the average listing price will also be higher than usual. Getting pre-approved for a mortgage is a great first step to take. 

  1. Choose a Great Location

Location is paramount with luxury real estate. Especially, if you have plans of reselling or operating a business out of your home. You’ll want to ensure that your luxury property is zoned in accordance with your intended uses and in a place where future buyers would consider it to be an attractive investment. Choosing a home that’s near great shopping, dining, educational institutions, or a recreational experience is ideal. Talk with a real estate agent to determine what area is best for you!

  1. Work With a Trusted Agent

One of the best things you can do when investing in luxury real estate is to work with a REALTOR®. A trusted agent is going to know the ins and outs of the local market. This can ensure that you get the best deals, information and advice as you work toward accomplishing your goal. When buying a luxury property, it is often hard to determine a fair price. With the help of an agent, you can guarantee that you are getting the best value for your money. 

Contact me Today!

Choosing to invest in Edmonton luxury real estate is an exciting endeavour. Contact me today to learn more about the luxury market in this area. I’d be happy to answer any questions you have about how to achieve your 2024 real estate goals. Feel free to reach out to me at any time! Be sure to check back next month for more real estate-related information. I look forward to working with you in the near future.

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Should You Renovate or Buy Houses for Sale in Edmonton South?

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Choosing whether to renovate or to buy new is an age-old question that many homeowners often face. Deciding to move is no easy task. However, renovating doesn’t always sound overly appealing either. In order to make the best choice for your family, it’s important to weigh the pros and cons of both options. Asking yourself key questions about your current living situation and your needs can also be of benefit. To help you determine what the best course of action is, we are going to be going through some of the advantages and disadvantages that come with buying houses for sale in Edmonton South Vs. renovating. Follow along below to learn more!

To Renovate or Not to Renovate…

Renovating is a good alternative to buying for some homeowners. However, to figure out if you are a good candidate for renovation, you should consider what you want to change. If it’s simply aesthetics that you’re looking for, renovating is usually a feasible choice. This is especially true if you already love the area you are in, you enjoy the layout of your home, and there is room for you to grow. 

On the other hand, if you’re not satisfied with the neighbourhood you’re in and you have other concerns about the physical qualities of your home, moving could be the most favourable option. If you need things like additional square footage or you’ll have to make major repairs along the way, renovating may not be worth it. 

Making changes to the appearance of your home is usually straightforward and can often be done on a budget. However, structural changes are much more complex. They generally require building permits, a higher budget, more time and the help of an expert. Moreover, when homeowners make big changes to their existing homes they will often uncover problems that need to be addressed before the renovations can be completed. For example, out-of-date electrical systems, rotting wood, and other factors that may not meet the present-day building codes. 

Another thing you need to think about when renovating is your living arrangements. Living in your own home while renovations are underway presents a unique set of challenges and risks. This is only heightened, if you have young children. As your home gradually becomes a construction site, it’s important to plan around this time to ensure that you remain comfortable during the renovation process. 

Buying Houses for Sale in Edmonton South Instead of Renovating

Moving homes can be easier to navigate when compared with renovating in several cases. For instance, if you are expecting a new baby, but you don’t have enough bedrooms to accommodate their arrival. Or, if you’re not satisfied with the location you’re currently situated in. Homeowners in these situations often find it easier to meet their new demands by moving homes as opposed to renovating. This is because it can be hard, or sometimes impossible to change fundamental aspects of your current home. 

Additionally, by relocating, you’ll get the benefit of avoiding the stress of renovations. This alone is enough of a reason for many Canadians to choose to buy over renovate. Furthermore, by moving you’ll get a fresh start, potentially in a new area. A change of perspective could be just what you need to improve your quality of life! Besides, if you have enough equity on your side, buying new could be a worthwhile investment. However, it’s important that you consider the expenses associated with moving, closing the deal and a new (potentially more costly) mortgage. 

Nevertheless, moving houses is not always all sunshine and rainbows. In fact, a lot of sellers find that searching for a new home can be just as challenging as renovating. This is only amplified in the event of poor market conditions or suboptimal lending rates. Because of these factors, it’s critical that if you choose to move, you do your due diligence to determine when the best window is to sell/buy. In moving properties, you also risk not being able to find your “perfect” home. This can lead to buyer’s remorse and overall dissatisfaction. 

Contact me Today!

Choosing to buy houses for sale in Edmonton South Vs. renovating is a challenging decision. Contact me today to learn more about the pros and cons of buying new or renovating properties in Edmonton. I’d be happy to answer any questions you have about how to achieve your 2024 real estate goals. Feel free to reach out to me at any time! Be sure to check back next month for more real estate-related information. I look forward to working with you in the near future.