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Basil Pappas

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Archive for February, 2016

The Importance of Home Inspections

Monday, February 29th, 2016

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When you make an offer on a home, it’s a smart idea to have a professional home inspector check it out from top to bottom. This inspection will ensure that the property doesn’t have any unexpected “issues.” After all, you don’t want to buy a home only to discover that the roof needs to be replaced, immediately, for thousands of dollars.

That being said, you might question whether you really need to invest the few hundred dollars it costs for a professional home inspection. “The home we want to buy looks like it’s in very good shape,” you might be thinking. “I can’t see anything wrong with it.”

However, a professional home inspector can see things you can’t. When you view a property that’s on the market, you might be able to notice obvious issues, like a crack in the foundation or a dripping faucet. If you’re experienced with home maintenance, you might even notice roofing tiles that look like they’re overdue for replacement.

But you won’t pick up all the issues a home inspector can.

Like a determined detective, a home inspector will investigate the property’s structure, electrical and plumbing systems, insulation, and other components — and then report the findings to you.

In the end, a professional home inspection gives you peace-of-mind and protects your investment. So getting one is highly recommended — even for recently built homes.

A good REALTOR® can recommend a trusted home inspector for you.

Looking for more ideas on making smart decisions when buying a home? Call today.

2016 Royal Road Race

Wednesday, February 17th, 2016

I take great joy and comfort in the simple act of running. I started running in 2008 and have since run marathons all over North America including Boston, New York, Chicago, Fargo, Toronto, Victoria and of course the Queen City Marathon in Regina SK. Running has improved my fitness, introduced me to a wonderful community of great people and enabled me to serve my clients with the high energy and focus they deserve.

This is a race package insert for the Royal Road Race – a local charity race held by the Jaleta Pacers to be held May 7, 2016 of which I am a proud sponsor. If interested you can read more about the race and register here: http://jaletapacers.com/royal-road-race

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The Latest in Kitchen Fire Prevention – What You Need to Know

Thursday, February 11th, 2016

 

Kitchen_Fire

More fires start in the kitchen than in any other room. Those fires can be expensive; since even a minor incident, with no injuries, can result in significant damage. That’s why it’s important to keep up with the latest in fire prevention.

The most recent research tells us:

  • Never leave cooking food unattended. Doing so is the number one cause of kitchen fires.
  • Make sure cooking appliances, especially deep fryers, are safety certified by the appropriate government agency.
  • When using oil in a frying pan, always heat slowly at no more than a medium heat setting.
  • Always turn off stove burners and other cooking appliances immediately after cooking.
  • Never attempt to put out a grease fire with water. Use baking soda or a fire extinguisher.
  • Never remove or cover up a smoke detector due to nuisance alarms. The one alarm that isn’t a nuisance may save your life.

Finally, experts say that if you can’t put out a fire immediately, get everyone out of the home and call emergency services.

RE/MAX Market Share (by Dollar Volume)

Wednesday, February 3rd, 2016

RE/MAX Crown Real Estate leads all others in market share.

Click on the link below to see a breakdown of market share by dollar volume for the period January 1 – 31, 2016.

Market_Share_Jan_2016

Regina Housing Trends 2015 (Historical)

Monday, February 1st, 2016

Attached are six (6) graphs based on the MLS® Home Price Index. They illustrate market trends across six categories for the period January 1 – December 31, 2015. To summarize, the Composite Benchmark Performance Index (which includes all classes of residential real estate) saw a 1.94% decline in 2015. Single Family Homes saw a decline of 1.55% where 1 storey homes actually increased nominally by 0.3% and 2 storey homes declined by 6.17%. The Townhouse Condo Benchmark Performance Index declined by 5.89% while the Apartment Condo Benchmark Performance Index indicates a 3.56% decline. Click on the links below to see each categories performance by month throughout 2015.

Composite_Benchmark_Index_2015 Single_Family_Benchmark_Index_2015 1_Storey_Benchmark_Index_20152_Storey_Benchmark_Index_2015Townhouse_Benchmark_Index_2015 Apartment_Condo_Benchmark_Index_2015

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.. Trademarks used under license from CREA.
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