Four Must-Attend Events in Saskatoon This October: A Guide for Homebuyers and Locals
October is a vibrant time in Saskatoon, filled with exciting events that highlight the city’s rich cultural heritage and lively community spirit. Whether you’re a longtime resident or someone looking to make Saskatoon your new home, attending these events is a great way to experience the city’s unique atmosphere. Here’s a look at the top five events happening this month:
1. Pumpkin Palooza Murder Mystery – October 19
Embark on our Halloween Murder Mystery for a spine-chilling adventure! Start in Little Big Town, gather eerie clues, and unmask the murderer during a haunted train ride. Present your findings to the ‘Detective’ and earn a certificate if you solve the case. Pre-order spooky treats and drinks to enjoy onboard!
2. Fantastical Flora – a Glow in the Dark Show – October 10-13
The magic of nature comes to life under the stars along the Saskatchewan River, as Free Flow Dance Theatre presents its enchanting new glow show, “Fantastical Flora.” Inspired by the beauty and mystery of flowers and plants, Free Flow creates a luminescent, futuristic fantasy world you can immerse yourself in. Look for our unique blend of dance and glowing artistry as we animate the Shakespeare on the Saskatchewan festival site performing Thursday through Sunday evenings. Oct 10-13.
3. Spooky Stroll- WDM
Take a Spooky Stroll through Boo Town and search for nine hidden Halloween flags. Visitors will receive a Halloween-themed colouring sheet and a piece of candy as they leave. Suitable for children ages five – 12.
4. Pumpkins After Dark – October 10 – 21
Explore the magical pathway of lit pumpkin sculptures and displays, with music, sounds and special effects. With classic Halloween characters, dinosaurs and dragons, movie and pop culture icons – this family friendly event has something for everyone. Make Pumpkins After Dark your new annual tradition!
As you explore Saskatoon’s real estate market, attending local events like these provides valuable insight into the community. Whether you’re drawn to the artistic energy, family-friendly atmosphere, or the city’s dynamic entertainment options, experiencing Saskatoon firsthand during October will give you a deeper appreciation for the lifestyle it offers.
Thinking of making Saskatoon your home? Take advantage of these October events to get a true sense of the city’s vibrant culture and connect with your future neighbours. Happy house hunting!
Why Now is the Perfect Time to Buy a Home in Saskatoon
If you’re considering buying a home in Saskatoon, you’re in luck! Saskatoon’s real estate market offers plenty of opportunities for homebuyers, whether you’re a first-time buyer, an investor, or looking to upgrade. With a vibrant economy, affordable housing options, and a high quality of life, there’s never been a better time to explore what this growing city has to offer.
1. Affordable Housing Prices
One of Saskatoon’s biggest advantages is its affordability compared to other Canadian cities. As real estate markets in cities like Toronto and Vancouver continue to climb, Saskatoon offers an attractive alternative with significantly lower home prices. According to recent market reports, the average price of a home in Saskatoon is around $370,000, making homeownership within reach for many buyers.
2. Diverse Housing Options
Saskatoon boasts a wide variety of housing options, from single-family homes in suburban neighborhoods to modern condos downtown. Whether you’re looking for a cozy starter home, a spacious family home, or a sleek condo with all the amenities, Saskatoon’s real estate market has something for everyone. Popular neighborhoods like Stonebridge, Evergreen, and Riversdale offer unique styles and features that cater to different lifestyles and budgets.
3. A Thriving Economy
Saskatoon’s economy is flourishing, thanks in large part to its agricultural, mining, and technology sectors. As the city grows, more job opportunities are being created, attracting young professionals and families. This economic growth supports a stable housing market, making it a great time to invest in Saskatoon real estate. Additionally, the city’s lower unemployment rate compared to the national average is an indicator of its strong economic position.
4. A Great Place to Live
Beyond the numbers, Saskatoon is simply a great place to live. The city is known for its friendly communities, beautiful parks, and access to nature. The South Saskatchewan River, which winds through the heart of the city, provides scenic views, walking trails, and recreational activities. Families appreciate the city’s excellent schools, while cultural enthusiasts enjoy Saskatoon’s thriving arts and dining scene.
5. Interest Rates Are Still Favorable
Mortgage interest rates in Canada remain relatively low, which is great news for potential homebuyers. Locking in a lower rate can mean significant savings over the life of your mortgage. If you’re thinking about buying a home, acting while rates remain competitive can be a smart financial decision.
6. Future Growth Potential
Saskatoon continues to expand with new developments in both residential and commercial sectors. Neighborhoods on the outskirts of the city are growing rapidly, with new infrastructure, schools, and amenities being added. This continued development not only enhances the city’s appeal but also contributes to the long-term value of properties.
If you’re in the market for a new home, Saskatoon offers affordability, lifestyle, and future potential that few other cities in Canada can match. Whether you’re looking to settle down or make an investment, this is the perfect time to explore the Saskatoon real estate market. I am here to help you find your dream home in this wonderful city. Contact me today to start your home-buying journey!
Preparing For Your Cross Country Move
The offer is accepted and you're starting your Saskatoon chapter—now what? Moving across the country can be an exciting adventure, but it also comes with its fair share of challenges. As a seasoned REALTOR® with years of experience helping clients navigate long-distance moves, I've seen it all! In this comprehensive guide, I'll share valuable tips and tricks to make your cross-country move as smooth and stress-free as possible.
Plan Ahead
- Start planning your move well in advance. Ideally, aim to start the process at least 2-3 months before your moving date.
- Create a detailed moving checklist to keep track of tasks such as decluttering, packing, hiring movers, and changing your address.
- Research your new city or town to familiarize yourself with the local amenities, schools, healthcare facilities, and neighborhoods.
Declutter and Downsize
- Invest in sturdy moving boxes, packing tape, bubble wrap, and other packing supplies.
- Pack room by room and label each box with its contents and destination room in your new home.
- Use protective padding for fragile items and consider hiring professionals for specialized packing services if needed.
Pack Strategically
- Moving across the country is the perfect opportunity to declutter and downsize your belongings.
- Go through each room in your home and decide what to keep, donate, sell, or discard.
- Consider hosting a garage sale or selling items online to lighten your load and earn some extra cash for moving expenses.
Hire Reliable Movers
- Research moving companies thoroughly and read reviews from previous customers.
- Get estimates from multiple movers and compare prices, services, and insurance options.
- Choose a reputable moving company with experience in long-distance moves and a proven track record of reliability.
Prepare for the Journey
- Plan your travel route in advance and consider factors such as weather conditions, road closures, and rest stops.
- Pack essential items for the journey, including snacks, water, medications, important documents, and a first aid kit.
- Make arrangements for pet care if you're traveling with pets and book pet-friendly accommodations along the way.
Prepare for the Journey
- Upon arrival, take some time to unpack and organize your belongings.
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- Connect utilities, set up internet and cable services, and familiarize yourself with local regulations and services.
- Explore your new neighborhood, meet your neighbors, and start to feel at home in your new community.
Moving across the country may seem daunting, but with careful planning and preparation, it can be a smooth and rewarding experience so you get busy enjoying your new neighbourhood. By following these tips and tricks from your favourite seasoned REALTOR®, you'll be well-equipped to tackle every aspect of your long-distance move with confidence. Happy moving!
Should You Accept the Offer?
You’ve taken the plunge to put your home on the market, starting a new chapter, and your agent has just received your first offer—how exciting! Now what? Several factors can help you make an objective decision!
The First Offer to Purchase
The first offer is most often a motivated buyer that has been perusing the market for some time already, understanding the market and what kind of inventory is available. They are excited about your home and want to beat their competition. However, you can negotiate with the buyers, coming back with a counteroffer for a better deal. If the first offer is below your goal range, you can use their fear of losing out and attachment to the house as leverage to bring it closer to your goals.
Turning down the first offer outright can be a gamble, as the longer it is on the market, the less likely you are to receive a higher offer. Going past the average amount of a property's "days on market" may prompt potential buyers to wonder if the price is too high or even if there is something wrong with the property. When the threat of competition diminishes, the strategy will shift from competitive offers to bargaining.
Unless you are in an ultra-hot market, you are simply looking for the best overall offer. Depending on your objective when selling your home, each component will carry different weights.
Price
The closer the offer is to your listing price, the better—but beware of getting too greedy! First offers within 10% of the listing price may be worth negotiation if other offer components are sound.
Cash vs Financing
Cash offers tend to be more reliable compared to those that are mortgage-backed as they guarantee a swifter close on the deal. Pre-approved buyers may be denied later for a multitude of reasons, such as changes in employment or low results of a home appraisal.
Contingencies
Purchase contingencies can be quite common in a deal stating that the offer is valid only if the listed criteria are met. On the seller’s side, you want as few contingencies as possible. There are few contingencies, such as home inspection and appraisal, which are relatively standard, though in some cases, buyers may remove them to make the deal more enticing to the seller. Home sale contingencies are not the most ideal as they may jeopardize your closing timeline if the buyer’s home fails to sell.
Buyer Flexibility
A buyer’s flexibility with closing and moving dates may influence your decision to accept the offer depending on your circumstances and if you need extra time in transition after the sale.
There is considerably less pressure to accept the first offer if you are in a competitive seller's market with multiple great offers. In which case, sellers and their agents can accept offers while they come in or put in an offer review date for the property.
A buyer's market means that the current housing supply exceeds the buyer's demand. Thus homes may sit on the market longer, and price depreciates over time. Suppose a home similar to yours is selling for a lower price than what you have it listed for. In that case, the lower price may actually be a more accurate depiction of what your home is currently worth on the market—no matter the other seller’s reasoning for pricing it as such, it will also affect you.
Discuss the areas of the offer you wish to improve with your real estate agent and craft a reasonable counter offer and deadline for the buyer’s response to keep the ball rolling. Contact me today about becoming your REALTOR® to help you navigate the busy Saskatoon housing market!