Rayko Westbrook Real Estate

Nestled along the picturesque South Saskatchewan River, Riverside is one of Medicine Hat’s most charming and historically rich neighbourhoods. From its diverse housing options to its beautiful green spaces and recreational amenities, Riverside has something to offer residents of all ages and lifestyles.

A Neighbourhood with History and Character

Riverside is among the oldest neighbourhoods in Medicine Hat and boasts a mix of heritage homes, modern riverside properties, and affordable starter homes and apartments. A key historical landmark in the area is St. Patrick's Church, the first Catholic church in Medicine Hat, which has been serving the community since 1886. The neighbourhood’s rich history is evident in its architecture and long-standing community traditions.

Recreation and Parks

Outdoor enthusiasts will love the scenic walking trails along the river, providing stunning views and a peaceful retreat into nature. Residents also enjoy access to multiple parks, including:

• Riverside Park (100 block of 1 Street NW) – Featuring a basketball court, ice skating rink, playground, and green space.

• Hargrave Park (4 Street NE) – A perfect spot for picnics with a well-maintained playground.

Schools and Education

Families in Riverside benefit from proximity to excellent schools in both the Medicine Hat Public School Division and the Medicine Hat Catholic Board of Education.

Public Schools:

• Vincent Massey Elementary School (Kindergarten to Grade 6) – 901 Hargrave Way NW

• Crescent Heights High School (Grades 7-12) – 1201 Division Avenue N

Catholic Schools:

• St. Michael’s School (Kindergarten to Grade 6) – 865 Black Boulevard NW

• St. Mary’s School (Grades 7-9) – 155 11 St SW

• Monsignor McCoy High School (Grades 10-12) – 202 8 St NE

Shopping and Dining

Residents of Riverside enjoy a selection of unique local businesses and dining options:

Shopping:

• Fresh Flowers and Gifts (62a 3 St NE) – A go-to spot for floral arrangements and thoughtful gifts.

• Fruitful Specialty Shop (44 3 St NE) – A hidden gem offering specialty foods and unique finds.

Dining:

• Family-Friendly: Zucchini Blossom (50 3 St NE) – A cozy café offering fresh and delicious meals.

• Pubs: Mauro’s (16 3 St NE) – A great spot for socializing and enjoying local brews.

Transportation and Commute

Riverside is conveniently connected to the rest of Medicine Hat through multiple routes:

• Trans-Canada Highway – Provides quick access in and out of the neighbourhood.

• Allowance Avenue Bridge & Finley Bridge – Two major access points connecting Riverside to downtown and beyond.

• Public Transit – Bus services are available for those relying on public transportation.

Discover Your Next Home in Riverside

Whether you’re looking for a historic home with character, a riverside retreat, or an affordable place to start, Riverside has plenty to offer. Click [here] to explore current real estate listings in the area and find your perfect home.

Riverside is a neighbourhood rich in history, convenience, and charm. Whether you’re considering a move or simply exploring Medicine Hat’s communities, this vibrant neighbourhood is well worth a visit!

Check out Riverside in my

‘Communities in Medicine Hat Series’

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Buying a new home while selling your current one can feel like a high-stakes juggling act. If done right, you can transition seamlessly from one home to the next without feeling the financial strain of carrying two mortgages or being stuck without a place to live. Here’s how to navigate the process smoothly.

1. Understand Your Market

Before making any moves, get a solid understanding of the real estate market in both the area you’re selling in and the area you’re buying in. If you’re in a seller’s market, your home is likely to sell quickly, but finding a new home might be more competitive. In a buyer’s market, you may have an easier time purchasing a home but might need extra time to sell your current one.

2. Get Pre-Approved for Your Next Home

Securing mortgage pre-approval is crucial when buying and selling simultaneously. This helps you understand your budget and strengthens your offer when you find the right home. If possible, consult a lender about bridge loans or home equity lines of credit (HELOCs) to help finance the transition.

3. Choose the Right Selling and Buying Strategy

Depending on your financial situation and market conditions, you have a few options:

• Sell First, Then Buy: This is the safer financial choice since you won’t be stuck with two mortgages. However, you may need temporary housing if you can’t find a new home quickly.

• Buy First, Then Sell: This option ensures you have a new place to move into, but it requires confidence in your ability to sell your current home quickly or the financial means to carry both mortgages for a period.

• Simultaneous Closing: With careful planning, you can close on both transactions on the same day. While challenging, this method minimizes the gap between selling and buying.

4. My Experiences Buying and Selling at the Same Time

Having personally gone through this process three times, I can say that each experience came with unique challenges and lessons learned.

First Move: Starter Home to Family Home

The first time I bought and sold at the same time, I was moving from a starter home to a larger family home. My starter home sold before it was even listed, and the house I purchased was a new build spec home, allowing for flexible closing dates. This smooth process gave me plenty of time to move out and clean my old home before moving into the new one, making for a relatively stress-free transition.

Second Move: Family Home to Custom Build

The second time, I moved from our family home into a custom-built home. This involved working closely with a builder, which was exciting but required patience. Unfortunately, we faced a lag in mortgage financing, which meant we had to rent a temporary home until our custom home was ready. While the process was challenging, having a contingency plan helped us navigate this period without too much disruption.

Third Move: Custom Home to Downsizing

The third and most difficult move was downsizing from our custom-built home to a smaller home in an established neighbourhood due to a family change. Selling our custom-built home took much longer than expected, and once it finally sold, I struggled to find a new home in a competitive market. Eventually, I secured a home but had to move in with my parents for three weeks while waiting for possession day. During that time, all my belongings were in storage. This experience reinforced the importance of flexibility and having a strong support system during transitions.

5. Be Prepared for Conditions

Many buyers and sellers use contract conditions to align their transactions:

• Home Sale Condition: This makes your purchase conditional on selling your existing home.

• Tenancy at Will Agreement: If you sell first, this allows you to rent your old home for a short period while finding a new one.

• Extended Closing Period: You can request a longer closing timeline on your purchase to give yourself more time to sell.

• Seller's New Home Condition: This allows the seller to make the sale of their home conditional on securing a new home, ensuring they don’t end up without a place to live.

6. Plan for Temporary Housing (Just in Case)

Even with the best-laid plans, timing doesn’t always work out perfectly. Be prepared with a backup plan, such as short-term rentals, staying with family, or securing a storage unit if needed.

7. Stay Flexible and Communicate

Real estate transactions involve many moving parts. Maintaining open communication with your agent, lender, and other parties involved will help you navigate any unexpected challenges. Flexibility is key when juggling both buying and selling simultaneously.

Final Thoughts

Buying and selling a home at the same time requires strategic planning, financial preparedness, and a skilled real estate team. By understanding your market, securing financing, and working with the right professionals, you can make the transition smoother and stress-free. If you’re thinking about making a move, start by consulting with a trusted real estate expert to develop a personalized strategy for your situation.

When searching for a home, first impressions matter. In Medicine Hat and Lethbridge, buyers are drawn to specific features that make a property feel like "the one" from the moment they walk in. Whether you're selling your home or planning a future purchase, these ten must-have features can make all the difference.

1. Great Curb Appeal
The exterior of a home sets the tone for what’s inside. In Medicine Hat and Lethbridge, buyers love well-maintained landscaping, clean walkways, and inviting entryways. A fresh coat of paint and modern exterior lighting can instantly boost appeal.

2. Open Concept Layouts
Spacious, airy layouts are a top priority for buyers, making homes feel larger and more inviting. Open-concept designs that blend kitchens, dining, and living areas are especially desirable in today’s market.

3. Updated Kitchens
The kitchen is often the heart of the home, and buyers are looking for modern touches like quartz countertops, stainless steel appliances, ample storage, and stylish backsplashes. A functional island is a bonus!

4. Large Windows & Natural Light
Medicine Hat and Lethbridge are known for their sunshine, and buyers love homes that maximize natural light. Large windows, patio doors, and skylights create bright and cheerful spaces.

5. Energy Efficiency
With fluctuating Alberta temperatures, energy-efficient features like upgraded insulation, high-efficiency furnaces, and smart thermostats are big selling points. Many buyers also appreciate solar panels as a way to reduce energy costs.

6. Functional Mudrooms & Storage Spaces
With the ever-changing weather, having a well-organized mudroom is essential. Buyers appreciate built-in storage, cubbies, and durable flooring to keep clutter at bay.

7. Finished Basements
Additional living space is always a plus! A fully finished basement with a family room, guest bedroom, or home office appeals to buyers looking for more square footage without increasing their budget.

8. Outdoor Living Spaces
With Lethbridge’s warm summers and Medicine Hat’s mild winters, a great backyard is a must. Southern Alberta has a short summer season, and buyers want to maximize that time with outdoor spaces. Buyers love well-maintained decks, patios, and outdoor kitchens where they can entertain or relax year-round.

9. Ensuite Bathrooms
A luxurious ensuite bathroom is a dream for many buyers. Walk-in showers, double vanities, and spa-like finishes add a sense of comfort and convenience.

10. Garage
A spacious and functional garage is a must-have for many buyers. Whether for vehicle storage, a workshop, or extra organization space, a well-maintained garage adds significant value to a home.

Easy Ways to Appeal to Home Buyers

If you want to make your home more attractive to buyers, consider these simple strategies:

• Fresh Paint & Repairs: A fresh coat of neutral paint and minor repairs can make a home feel well-cared for and move-in ready.

• Declutter & Stage: Remove personal items, organize spaces, and stage rooms to showcase their potential.

• Enhance Lighting: Use natural and artificial lighting to create a warm and inviting atmosphere.

• Boost Curb Appeal: Trim the lawn, plant flowers, and ensure the entryway is welcoming.

• Upgrade Fixtures: Modern light fixtures, cabinet handles, and faucets can instantly update a space.

• Deep Clean: A spotless home feels more inviting and move-in ready.

If you're thinking about selling, making a few strategic upgrades can help attract buyers quickly. And if you’re in the market for a home in Medicine Hat or Lethbridge, keep an eye out for these desirable features—they might just help you find your dream home!

Buying a home is a significant milestone in life, and it’s crucial to approach it with the right knowledge and support. In this guide, I’ll take you through the essential steps of the home buying process with my assistance as your Buyer Agent. My primary role is to represent your best interests at every turn, ensuring a smooth and successful journey towards your dream home.

Step 1: Get Pre-Approved

The first and most crucial step is to determine your budget. Getting pre-approved by a bank or a mortgage broker is key. Pre-approval not only gives you a clear understanding of the amount you can borrow, but also makes you a more attractive buyer in the eyes of sellers. It instills confidence and shows that you are serious about making an offer.

During this phase, I'll assist you in setting up an auto-email system, which will grant you access to houses that meet your criteria. It’s an efficient way to kickstart your house hunting journey. You can also explore open houses on weekends. To get you started, please fill out my Buyer’s Questionnaire.

In the ever-evolving world of real estate, home renovations stand out as a powerful tool to increase property value. Whether you’re looking to sell your house or simply enhance your living space, strategic renovations can be a game changer. Let’s explore some renovation ideas that promise the best return on investment.

The Heart of the Home: The Kitchen

The kitchen isn’t just for cooking, it’s where family and friends gather. Upgrading this space can have a significant impact on your home’s value. Consider replacing old appliances, refreshing countertops, and modernizing cabinets. An updated kitchen not only adds financial value but also appeals to potential buyers.

Bathroom Elegance

Bathrooms are another crucial area to focus on. A clean, modern, and functional bathroom can make a powerful impression. Think about new fixtures, stylish tiles, and improved lighting. The goal is to create a spa-like retreat within your own home.

The Power of Curb Appeal

First impressions matter, and the exterior of your home sets the stage. Landscaping, a fresh coat of paint, and well-maintained outdoor spaces can greatly enhance your curb appeal. A welcoming exterior draws in potential buyers and can boost your home’s value.

Energy Efficiency Wins

In a world where sustainability is becoming increasingly important, energy-efficient upgrades are not only responsible but also profitable. Consider installing energy-efficient windows, improving insulation, and upgrading your furnace and hot water tank. These changes not only reduce bills but also attract eco-conscious buyers.

Embrace Open Spaces

Open floor plans are all the rage. Knocking down walls to create more open and spacious living areas can make your home feel more modern and inviting. The design trend not only appeals to buyers but also improves your quality of life.

Expand Your Living Space: Decks and Patios

Outdoor living spaces are a hot commodity. A well-designed deck or patio can extend your living area, providing a perfect spot for relaxation or entertainment. These additions can significantly increase the value of your home.

Basement Transformation

Don’t forget about your basement. Often an underutilized space, it has untapped potential. Consider converting it into a functional living area, such as a home theater, gym, or guest suite. This not only adds square footage but also increases your home’s overall appeal.

Smart Home Features

In the digital age, smart home features are becoming increasingly popular. Install smart thermostats, security systems, and lighting. These technological upgrades not only make your home more convenient but also more appealing to tech-savvy buyers.

Remember, the key to successful renovations is a balance between your budget, personal preferences, and the local real estate market trends. Prioritize projects that will not only add financial value but also enhance your daily life. With careful planning and thoughtful execution, your home can become a more valuable asset. So, what’s your dream renovation project?

Needing advice on how you can maximize your home's value with renovations? Send me a message by following this link. Click Here