❓Do You Have Any Real Estate Questions? Ask Me Anything!

Whether you’re a first-time buyer, a seasoned investor, or thinking about selling your home, real estate decisions come with a lot of questions — and sometimes, not enough clear answers.

The good news? You don’t have to figure it all out on your own.

I’ve helped hundreds of people in Saskatoon and beyond navigate their real estate journeys with confidence. In this post, I’m sharing answers to some of the most common real estate questions I get from clients just like you. If you have a question of your own, I’d love to hear it — reach out or drop it in the comments below!

🏡 Common Questions From Buyers

1. How much do I need for a down payment?
For most buyers, the minimum down payment in Canada is 5% on homes under $500,000. Homes priced over that may require more. You can also explore first-time buyer incentives and RRSP withdrawal options (like the First Home Savings Account or Home Buyer’s Plan).

2. How do I know if I’m financially ready to buy?
Start by checking your credit score, calculating your monthly budget, and speaking to a mortgage broker about pre-approval. These steps will give you clarity on how much you can afford and what your monthly payments could look like.

3. Should I buy now or wait?
That depends on your goals and the market. Trying to “time” the market is tough — but buying when you're financially ready often pays off in the long run. Let’s look at your situation and local market trends together.

4. Can I buy a home if I’m self-employed?
Yes — but you’ll need solid documentation of income (typically 2 years of tax returns), and a strong credit history. Some lenders may require a higher down payment.

5. Do I need a Realtor, or can I just use online listings?
Online listings are a good starting point, but a Realtor can give you access to off-market deals, protect your interests in negotiations, and save you time and stress. Working with the right agent can be the difference between a smooth deal and a stressful one.

📌 Tip: If you’re a first-time buyer, don’t skip the strategy meeting. I offer one-on-one buyer consultations to walk you through the entire process.

💰 Common Questions From Sellers

1. How do I price my home correctly?
It’s not just about what you think it’s worth — it’s about what the market will pay. I look at comparable sales, current competition, and local demand to help you price your home strategically.

2. What should I do to get my home ready to sell?
Minor updates (paint, lighting, decluttering), staging, and curb appeal go a long way. I offer free pre-listing checklists and advice to get your home showing-ready.

3. How long does it take to sell a home?
It depends on the price point, neighborhood, and market conditions. In Saskatoon, well-priced and well-presented homes often sell within 30–45 days.

4. What closing costs should I expect?
Sellers typically pay real estate commissions, legal fees, and may be responsible for property tax adjustments. I’ll walk you through a full breakdown before we list.

5. Is now a good time to sell?
If you have equity in your home and you're planning your next move — it could be. The best way to know is to get a current market valuation and see how your home stacks up.

📌 Tip: The right pricing and preparation can add thousands to your final sale price and reduce days on market.

📈 Common Questions From Real Estate Investors

1. Is real estate still a good investment?
Yes — especially in a growing city like Saskatoon. Real estate offers long-term appreciation, monthly cash flow, and tax advantages when structured right.

2. What type of rental properties have the best ROI?
That depends on your strategy. Single-family homes offer stability, duplexes/triplexes generate strong cash flow, and short-term rentals can perform well if managed correctly.

3. How can I finance an investment property?
There are many options — from traditional mortgages to private lending, joint ventures, and even using equity from your existing property.

4. What should I look for in an investment property?
Focus on:

• Cash flow potential

• Location

• Long-term appreciation

• Local vacancy rates

• Rent-to-price ratio

5. How can I reduce taxes as an investor?
You may qualify for deductions on mortgage interest, property taxes, maintenance, and even depreciation. Talk to your accountant — or I can connect you with one.

📌 Tip: Successful investing starts with a solid plan. I offer investor strategy calls to help you build your long-term portfolio.

📊 Questions About the Market

1. Is it a buyer’s or seller’s market right now?
This can shift quickly depending on inventory levels, interest rates, and demand. Right now in Saskatoon, we’re seeing pockets of both — depending on property type and price range.

2. Are home prices going up or down this year?
Prices are influenced by interest rates, inflation, and inventory. I stay on top of the trends and send monthly updates to clients — just ask if you’d like to receive them.

3. What’s happening in Saskatoon's real estate market?
We’re seeing strong demand for affordable housing, increased activity in the investment space, and steady appreciation in well-located neighborhoods.

4. How do interest rates impact buying?
Higher interest rates = higher monthly payments. But they also create opportunity by lowering competition in the market — especially for smart buyers and investors.

📌 Tip: Even in higher-rate environments, there are creative financing options. I work with some of the best mortgage brokers in the city — happy to make an introduction.

🙋‍♂️ Got a Question I Didn’t Cover?

I answer real estate questions like these every single day — and I love helping people get clarity.

Whether you're thinking about making a move now or just want to get educated for the future, I'm here to help you make confident decisions.

📞 Call or text me anytime at (306) 370-6179
💬 Or just reply to this blog or DM me on Instagram with your question!

Let’s take the guesswork out of real estate — together.
Ask me anything. I'm here to help. 👋