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Real Estate Tips
Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

See All Tips In The "Time to Move" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What Elvis Presley film showcased Coco Palms in an outrigger canoe wedding scene?

A 
Blue Hawaii (1961)
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The Schmidt Realty Group, REALTOR®, real estate agent and broker for Edmonton, Alberta home listings, property and land for sale - NUMBER1EXPERT(tm)

The Schmidt Realty Group
Schmidt Realty Group

4736-99 Street
Edmonton, AB T6E 5H5
780-437-2030
Fax: 780-431-1277
Schmidt@WeSellEdmonton.com

schmidt realty group has a better way to sell your home Schmidt realty group is a unique brokerage of Edmonton real estate agents working as a team to serve you better. Extended evening and weekend hours cater to your schedule, and make it easier for buyers and agents to make appointments to view your property. Schmidt realty group has the results, the references, and the relationship we would want if we were choosing a REALTOR® ourselves. Plus, we offer a price that sellers love! schmidt realty group will find the right home for you Fairly priced, quality homes do not stay on the market long in Edmonton Alberta! Buyers need rapid response and vigilant representation from their REALTOR® when purchasing a home. Schmidt realty group is a team of real estate agents working together to respond quickly to your needs in Edmonton's hot housing market. Buyers who choose schmidt realty group see new listings faster! schmidt realty group guarantees results Happy buyers and sellers tell us they loved the personalized service they received from their schmidt realty group real estate specialist, and close communication with our team throughout their purchase or sale gave them real peace of mind. We guarantee you'll be happy too! Our entire brokerage and your personal REALTOR® are committed to providing you with a real estate experience that is second to none. With our Easy Exit Agreement you are satisfied ... or free to find a new representation! That's confidence you can trust! Call us today @ 437.2030 schmidt realty group inc excellence in real estate


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