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Sask Power Outages

Mon, 30 Apr by Pauline Relkey

Are you wondering if your area will have a planned outage soon? Check Sask Power’s website to plan ahead. Click here.

When an Outage Occurs

  • Step 1: Determine if the power failure is limited to your home

    • If your neighbours have power, check your electrical panel to see if the main circuit breaker has tripped. Even if it appears to be on, turn the breaker off and back on again to ensure a good connection.

    Step 2: If your electrical panel or main breaker isn’t the cause of the outage, call 310-2220.

    • Turn off or unplug any appliances, computers or electronics you were using when the power went out. Leave one light on so you’ll know when your power returns.
    • Keep refrigerators and freezers closed. If the power is out for a long time, make sure you check all refrigerated and frozen food before you eat it.
    • Close all doors, windows and drapes to conserve heat (unless the sun is shining in).
    • Never light a fire indoors unless you’re using an approved fire place or wood stove.
    • When faced with multiple outages, Sask Power prioritizes as follows:

      1. Life threatening or hazardous situations like power lines that have fallen on a road or vehicle.
      2. Large outages — Main lines and major equipment that return power to the largest number of customers.
      3. Small, isolated outages — Secondary lines and neighbourhood equipment.

When the Power Is Restored

They restore power when repairs are complete. If your neighbour’s power has returned and yours has not, there could be a problem specific to your home. Recheck your main breaker and reset it even if it appears to be on.

Occasionally, the power goes out again; this is sometimes the sign of another unidentified problem. Make sure to call us every time the power goes out (after you’ve checked your own main breaker). If power is not restored, call us toll-free at 310-2220.

Tips for the First-Time Home Buyer

Wed, 25 Apr by Pauline Relkey

When venturing into the world of home ownership, first-time buyers often find themselves having to make important, fast decisions in what feels like a surreal situation — after all, it might have only been a few weeks since owning a home seemed more like a far-off daydream than an immediate reality. A few common sense tips will help you navigate these unfamiliar landscapes as you move towards one of the biggest financial decisions of your life.

1. Get pre-approved
Though a pre-approval isn’t a guarantee that you’ll get a mortgage when you’re find a property, having one can give you a firm grasp on what you can afford before you start looking. A pre-approval from your bank or lender will save you time by narrowing your search to a more precise selection of homes, and this, in turn, can protect you from the all-too-common disappointment that follows setting your heart on a house you can’t afford.

2. Don’t expect your standards of living to change
It’s bound to happen: you see a house that maxes out your budget, but you imagine you can make it work by cutting out things like morning coffees, cellular data and cable TV. Remember, ‘roughing it’ for the sake of your house quickly loses its charm, and you’ll soon regret the lack of wiggle room for things like new furniture, redecorating, or unexpected repairs. Don’t regret your first home — avoid becoming ‘house poor’ by staying below the upper limit of what your bank is willing to lend you.

3. Make a list and check it as many times as it takes
Each property you consider will have its own unique combination of pros and cons, and going through them can feel a little like comparing apples to oranges. Don’t expect to stay clear-headed when the house with the poor walking score has the kitchen of your dreams; instead, stay on track by building a list of “must haves” and “nice to haves.” Though your list might evolve over time (especially if the “must haves” are rare for your price range), having a set of self-imposed guidelines can keep your search on course when you’re feeling overwhelmed by options.

4. Don’t confuse “first home” with “forever home”
Most first-time buyers start out a little starry-eyed, imagining that new home will be stylish, spacious, efficient … basically, everything they’ve been dreaming of. In reality, being able to afford a house that has everything you want is pretty rare in the first go-round, which can make you feel so discouraged you start closing yourself off to the available options. Remember, your ‘starter home’ doesn’t have to meet all the criteria of your ‘dream home,’ and the equity you’ll build for the next few years will get you closer to your goal.

With so much new information to absorb, steps to take, and decisions to make, buying a first home can feel like a rollercoaster ride. It’s important not to lose your head throughout all of it. Taking a few steps to keep your expectations rooted firmly in reality can help you glide through the process and feel confident in your final decision.

Want to be on TV?

Tue, 24 Apr by Pauline Relkey

I have been contacted by CBC to see if I have owners selling houses/looking to downsize/interesting stories/also if anyone is buying a cottage and what that experience is like for Canadians across the country.

The casting call will be sent out soon.

Four days of filming.

Selling between June and October 2018.

Let me know.

8 Things to Consider Before Selling Your Home

Mon, 26 Feb by Pauline Relkey

As winter moves closer to the finish line, the annual spring real estate market heats up. There are many things to consider before you put your home on the market – here are 8 of the more critical ones.

1. Budget

Know what you can afford so that you don’t stretch yourself thin. Talk to your mortgage person.

2. Know the costs.

There are plenty of expenses when selling your home. Some are straightforward such as renovations and paying for movers. Others may not be as obvious – nor who pays for them – such as land transfer taxes (buyer pays), real estate agent commissions (seller), mortgage insurance (buyer), legal fees, bank fees and possibly capital gains taxes.

3. Find out your home’s worth.

Knowing how much you’re likely to get for your home can dictate how much you may be able to afford when buying another house. Do your research by checking what similar homes have sold for in your neighbourhood. The best way to do this is to meet with your Realtor who will be listing your house for sale.

4. Choose a real estate agent.

You can choose to sell your home yourself to save the commission fees – but you also incur all the responsibility for writing legal contracts. Of course, I suggest that you choose a trusted real estate agent who knows your area and by asking for referrals. If your Realtor helped you find your present property and has stayed in touch with you, give her/him a call.

5. Decide when to sell.

Do you sell during the traditional peak markets of spring and summer or or off-season? Selling during the peak means more buyers and possible bidding wars, while selling off season means fewer homes competing with yours. As the saying goes, 6 of one and half a dozen of the other.

6. Add visual appeal.

Creating curb appeal is an obvious benefit, but don’t forget to freshen up the interior as well. Make any minor renovations, declutter and consider staging, because professionally staged homes typically sell faster and for more.

7. Get a home inspection done.

While buyers will probably get their own inspections done, having one ready says that you’re confident in your home and have nothing to hide because you have taken care of what work is needed – it provides peace of mind for everyone.

8. Coordinate closing dates.

Being able to move from one home to another on the same day can be hectic and cause you stress. Hopefully you can take possession of your new place before you have to be out of your present one. If not, you may have to either rent another home short-term, put belongings in storage and generally cause unnecessary upheaval in your life. Talk to your bank about bridge financing.

January Residential Sales and Home Prices Move In Opposite Direction

Mon, 12 Feb by Pauline Relkey

2018 has started off to a solid start compared to the 2 previous years in Regina. (Personally I am saying not much of a change).

143 sales in Regina compared to 139 in 2017 = 2.8%.

The Home Price Index reported a price of $279,400 down from $293,600 one year ago. The downward direction on prices is because of the over supply of properties and it’s pushing sellers to keep reducing their asking prices.

We have 1,133 active residential listings on the market at the end of January, over 20% increase from 2017.

The ratio of sales to new listings for the month was 30% (meaning only 30% of listings sold). Still a buyer’s market.  Condos make up almost 30% of the listings which is high.

Click here for the full report.

Lessons learned from Adam Carolla

Tue, 23 Jan by Pauline Relkey

Some of you may have watched his show called To Catch a Contractor.

Before launching a successful career as a TV and radio personality, Adam Carolla was a master carpenter and home builder, so he knows the work of skilled craftsmen when he sees it. Likewise, he can spot shoddy construction, and in this series he trains his eye on building blunders and the contractors responsible for them. With the help of no-nonsense builder Skip Bedell and his wife, private investigator Alison Bedell, Carolla seeks retribution for homeowners who have experienced a construction nightmare, by tracking down unscrupulous contractors and forcing them to face the wronged parties. The contractors are then given a chance to redeem themselves by fixing messes they left behind — all while under Adam’s and Skip’s watchful .

I watched a few of his shows lately and was pleasantly surprised by some of the lessons that rang so true for me.

The first lesson hit home – Don’t work out of your area of expertise.  This is so true for most, if not all occupations.  If you’re not sure of what you are doing, get some help from an experienced person or refer the job/client to them.  I have experienced this situation many times over the last 26 years in real estate and I do feel badly when I have to tell one of my clients, “No, I don’t work in that area of real estate, but I can connect you with someone good that does work in that area.”  I have chosen to work residential in Regina and close areas around Regina, but real estate in commercial, acreages, cottages is not my area of preference or expertise.  Yes I was licensed quite a few years ago and even though my license does include those specific areas, I have not pursued them because I don’t have the interest in them and haven’t pursued more training in those areas.  I let the people that know what they are doing in these fields handle the clients.

Another lesson he talked about was “Don’t undercut your competition to get the job.”  So true.  Real estate commissions are a high number and we turn blue explaining why (our costs from advertising to insurance to memberships to our split with our company and with the buyers company, etc.)  The costs are a lot of money and thankfully they usually come from the sale price of the house as most property sellers don’t happen to have that amount of money just hanging around, waiting to be spent.

Undercutting happens a lot in my business and it hurts all of us.  Usually the agents that undercut other agents will also undercut their work for their client.  Maybe they don’t advertise as much as others, maybe they don’t spend time following up on showings and leads, maybe they don’t keep in contact with their seller, don’t keep on top of the real estate market and share that info with their clients, etc.  Unfortunately the seller doesn’t find this out until it is too late and they have listed with the agent who offered the lowest commission.  Food for thought – if that agent was so quick to give up their money (commission), how quick do you think they will be to give up your money (sale price of your property) when an offer comes in?  I’ve always believed in the saying, you get what you pay for.  Thanks Adam.

What Home Inspectors Want Buyers and Sellers to Know

Fri, 08 Dec by Pauline Relkey

The home inspection process can be terrifying to go through, whether you are the seller or buyer.

For sellers, it’s like having your annual physical and you are being reprimanded by your doctor for not eating right and not exercising, etc.

For the buyers, it can be like finding your soulmate then discovering they are already married.

Don’t let the inspection stress you out. That’s not what your inspector wants either. All he wants is to do his job and provide you with an inspection report so that you are a happy customer.

Work with your home inspector to make the process easier and more effective. Knowledge is key! Here are 7 essential things you should keep in mind.

For sellers

1. Move your pets
We know your puppy/cat/snake is adorable and totally considered a family member, but even if your home inspector loves dogs or cats, pets on the loose while the inspection is happening makes the job much more difficult. For example, inspections require opening exterior doors, offering pets far too many opportunities to run out the door. Or the home inspector is afraid of your pet. When you leave the premises for the inspection—and many inspectors and agents ask sellers to do so – please take your pets with you.

2. Don’t forget to clean
Whether you plan on being there for the inspection or not, make sure to clean up beforehand. No, you don’t need to turn your house into an isolation ward by cleaning like a mad person — an inspector won’t ding you because your fridge has fingerprints on the door. But all that clutter? Yeah, that’s all got to go. It makes a huge difference when the inspector walks into a property where everything is put away.

For buyers

1. Any property will have issues/problems
Your home inspector will likely come up with a seemingly endless list of problems after the walk-through. Don’t panic! The inspector has been hired by you to do his job and report on what he discovers.  Put it all in perspective.  If you have never owned property, you might be overwhelmed, but speak to a home owner and they will totally understand. Every property including the realtor’s and the inspector’s, have problems and/or maintenance things. You are not alone. But there are times when you should worry, as in a major, costly fix (foundation, roof, etc). But not every issue is critical. Your inspector will explain which problems you should tackle first and even give you an idea of the approximate cost.

2. Almost anything can be fixed
There are a few scary home inspection terms that seem to be in everyone’s vocabulary: mold, basement walls and asbestos. Yes, they are scary, but no scarier than a roof that needs replacing. Don’t worry so much about mold and radon! Everything is upgradable, fixable, or replaceable. You just need to have a list of what those things are and decide how you want to address them. That’s another of the many reasons you should have a realtor on your side helping you. We will explain all your options at that point.

3. One thing you should worry about is water
Here is one issue that you might want to stress out about (just a little) – water. No, it’s not a deal breaker. Remember that part where I said almost anything can be fixed? But it’s important to address any water-related issues before the deal closes—or at least immediately afterward. Make note of issues such as water marks, mold and leaky ceilings. And give special attention to the basement. Addressing water problems in the basement can be an expensive and difficult proposition.

4. Home inspectors can’t predict the future
You might want to know how many more years the roof will hold up—and while your inspector might be able to give you a rough estimate, he can’t give you a precise timeline. Inspectors don’t have X-ray vision to see through walls or examine the motherboard in that funky new fridge that talks to you. He can’t tell you how long some things will last, but he can comment on the shape it is in, but remember that is relevant to the age of what he is talking about. Yes a furnace might be old but if it’s working fine and doesn’t need major repairs yet, then keep using it until you are ready to buy a new one.

5. Find the balance between your emotions and facts
I see this happen a lot with buying couples. One buyer is emotional at the beginning and the other is practical. Then after the purchase, they  reverse roles and the emotional one becomes practical and the practical buyer becomes emotional. It’s easy to forget your love for the home when you’re counting the dollar signs and hours you might have to spend on repairs. Just remember to take a deep breath, think rationally, and consider whether it’s a smart investment in your future. The justification can sometimes be a horrible process, because our brains are all about money and time and thinking about ‘What kind of mistake am I making?”

Barring any major renovations needed—such as a new roof or mold removal—your inspector’s visit will simply provide a to-do list. But not everything needs fixing immediately, so don’t let a long list dampen your love for the home. Just take things one at a time.

Regina Home Sales Down, Listings at an all time high

Tue, 28 Nov by Pauline Relkey

My summary – even though the above title is true, sellers aren’t budging much when it comes to price.

Listings in Regina reached a record high for October with 1,444 homes for sale.

Sales numbers in and around the city dropped to their lowest level since 2008.

Average time to sell was 61 days which is the longest average listing to sale time in the last decade. The average sale price for October dropped by 1%.

Causes are overbuilding and lack of pressure on both buyers and sellers.

Diversified economy means people still have jobs and thusly sellers don’t feel pressured to sell at lower prices. Sluggish provincial economy causes buyer uncertainty. Buyers feel that prices might soon decrease. Regina has not seen big changes in prices as in other major cities.

Mortgage rules are tighter which reduces buying power.

The complete article is here.

Energy Rebates Resources for Provinces

Wed, 25 Oct by Pauline Relkey

Well I have to say I am disappointed with my province of Saskatchewan as you can see from the list below that most of Canada’s provinces and territories have some kind of energy rebate program in place.  Newfoundland, Nunavut and Saskatchewan have to giddy up and get on it.

Ontario Enbridge Home Winterproofing Program
https://www.enbridgegas.com/homes/manage-energy/rebates-incentive-programs/winterproofing/index.aspx

British Columbia – BC Hydro – Home Renovation Rebates
http://www.bchydro.com/powersmart/residential/savings-and-rebates/current-rebates-buy-backs/home-renovation-rebates.html

PEI Heat Pump Rebate Program
https://www.princeedwardisland.ca/en/information/transportation-infrastructure-and-energy/heat-pump-rebate-program

Nova Scotia Your Energy Rebate Program
http://www.novascotia.ca/sns/access/business/your-energy-rebate/about-the-program.asp

New Brunswick Home Insulation Energy Savings Program
https://www.nbpower.com/en/smart-habits/energy-efficiency-programs/home-insulation-energy-savings-program/

Quebec – RénoVert Tax Credit
http://www.revenuquebec.ca/en/citoyen/credits/renovert/default.aspx

Manitoba Power Smart Home Insulation Program
https://www.hydro.mb.ca/your_home/insulation/program/index.shtml

Yukon Good Energy Program
http://goodenergyyukon.ca/?utm_source=oldresidentialpage

Northwest Territories Energy Efficiency Incentive Program
http://aea.nt.ca/programs/energy-efficiency-incentive-program

Energy Efficiency Alberta
https://www.efficiencyalberta.ca/

City of Regina Infill Report

Fri, 13 Oct by Pauline Relkey

If you are interested in hearing what is happening in Regina with infill properties (building on vacant land or adding onto an existing building or tearing down a building and building new on the same lot) here is all the info that the City of Regina is looking at for guidelines.

This applies to houses, duplexes, triplexes,

Click on this link for the whole scoop.  103 pages but you can fly through the fluff.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Association of Regina REALTORS® Inc.. 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. Used under license.