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Should You Buy a New Build or a Fixer-Upper?

Should You Buy a Move-In-Ready Home or a Fixer-Upper in Lloydminster?

Many buyers struggle to decide whether to focus their search on a move-in-ready home or a fixer-upper that might cost less but need a lot of love.

Both options have their perks, but the right choice depends on your lifestyle, priorities, and how much time and energy you’re willing to invest. Here are a few key questions to help you decide:

1. What’s Your Maintenance Tolerance?

Fixer-uppers are usually older homes that need TLC to bring them back to life. With older homes, you’re also signing up for ongoing maintenance. If surprise plumbing issues or a leaky roof sound like a headache, a new construction home might be your best bet. New builds come with modern systems, warranties, and minimal maintenance, giving you peace of mind.

2. How Many Home Projects Can You Take On?

If you love tackling home projects and renovations, a fixer-upper can be a great choice. But renovations take time, money, and energy—often more than expected. If you’re balancing a full-time job, family commitments, or don’t want to live in a construction zone, new construction might be a better fit. Move-in-ready homes let you settle in and enjoy your space immediately.

3. How Custom Do You Want Your Home to Be?

A big draw of a fixer-upper is the ability to customize it fully to your style and needs. Depending on the renovations, you can choose everything from the layout to the finishes, creating a unique home. New construction often comes with pre-selected finishes and layouts, with some customization options. If personalization is your top priority, a fixer-upper might be the way to go.

Which Choice Is Right for You?

If you love the idea of minimal maintenance and a move-in-ready space, new construction is calling your name. But if you’re excited about creating a home that’s uniquely yours and don’t mind some (or a lot of) hard work, then a fixer-upper could be your perfect fit. Ultimately, the best choice comes down to your lifestyle, budget, and willingness to invest time and energy into your home.

Still feeling torn? Let’s chat about the pros and cons and find the perfect fit for your next chapter!

Harpreet Christie, OWNER/REALTOR®️
📞 780-205-7653
📧 harpreet@bordercityrealestate.com
🌐 BordercityRealEstate.com

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3108 66 AVENUECOURT in Lloydminster

I have listed a new property at 3108 66 AVENUECOURT in Lloydminster. See details here

Tucked away in a quiet cul-de-sac in Lloydminster’s sought-after Parkview neighbourhood, 3108 66 Avenue Court checks all the boxes. This 4-bedroom, 3- bathroom home offers over 1,400 sq.ft of living space with vaulted ceilings, central A/C, and a cozy gas fireplace in the family room. The kitchen is built for function and style, featuring a large island and pantry for tons of storage. The primary bedroom impresses with a spacious walk-in closet and a jetted tub in the ensuite—perfect for winding down. Outside, the oversized yard gives you room to breathe, plus RV parking and a heated double attached garage. All are within walking distance to schools and parks. 3D Virtual Tour Available!

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2910 54 AVENUE in Lloydminster

I have listed a new property at 2910 54 AVENUE in Lloydminster. See details here

Discover this stunning and immaculate home nestled in the charming neighborhood of Steele Heights, Lloydminster. Offering three spacious bedrooms upstairs and one in the finished basement, alongside two bathrooms, this home is perfect for families seeking comfort and style. The recent updates include modern vinyl plank flooring and refreshed kitchen cabinets, enhancing the home's contemporary appeal. Step outside to find an expansive, beautifully maintained yard, providing ample space for outdoor activities. The oversized double detached garage offers plenty of room for vehicles and storage needs. Among the recent upgrades are some windows and a new hot water tank, ensuring efficiency and peace of mind. Situated in a fully-fenced lot, this home is ideally located close to top-rated schools and serene parks, making it a wonderful setting for families to thrive. Experience the perfect blend of modern updates and a welcoming community in this exceptional Lloydminster home. 3D Virtual Tour Available!

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🏡 Lloydminster Real Estate Market – March 2025 Update

Wondering how the Lloydminster market performed last month? Here’s what you need to know:

✅ 52 homes sold in March
📊 Average sale price: $327,413
📈 Median sale price: $304,000
📉 Sold-to-list price ratio: 97.5% (sellers are getting close to asking)
⏳ Days on market: Average 78 days | Median 28 days
📏 Average size: 1,152 sq. ft.

Hot take:
Homes priced well and presented right are still moving—median DOM at just 28 days shows that demand is steady. If your place hits the market and lingers, pricing or presentation could be the issue.

💬 Want a custom market breakdown for your neighborhood or property? I’ve got you.

—

📱 Harpreet Christie, OWNER/REALTOR®️

REMAX of Lloydminster
📞 780-205-7653
📧 harpreet@bordercityrealestate.com
🌐 BordercityRealEstate.com

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147 Main STREET in St. Walburg

I have listed a new property at 147 Main STREET in St. Walburg. See details here

Welcome to 147 Main Street in the charming town of St. Walburg, SK! This affordable and updated 1-bedroom home, with the potential for a second bedroom, has much to offer. Enjoy the modern feel of updated vinyl plank flooring and peace of mind with updated shingles. The property also includes a single detached garage with alley access, RV parking, and plenty of space for your needs. Located in the heart of Lake Resort Living, this quaint town is known for its great amenities and vibrant Blueberry Festival, making it the perfect spot to call home. Whether you’re just starting out, downsizing, or looking for a cozy getaway, this home is a must-see. 3D Virtual Tour Available.

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4706 22 STREET in Lloydminster

I have listed a new property at 4706 22 STREET in Lloydminster. See details here

Welcome to 4706 22 Street, an ideal starter home or investment opportunity located on the Saskatchewan side of Lloydminster. This well-maintained bi-level offers a functional layout with 3 bedrooms and 2 full bathrooms. The main floor features a bright living area, a spacious kitchen, and direct access from the dining room to a large side deck overlooking the front street. The fully finished basement includes a generous family room with a wet bar, an additional bedroom, a full bathroom, and a den perfect for a home office or playroom. Recent upgrades include a new central air conditioner, furnace, and tankless hot water system, with shingles replaced in 2018. The property boasts a sizable asphalt driveway and a backyard surrounded by mature trees, offering privacy and tranquility. All appliances are included, ensuring a seamless move-in experience. Located in the desirable Wallacefield neighborhood, this home is within walking distance to various amenities, parks, and schools.

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5115 46 STREET in Provost

I have listed a new property at 5115 46 STREET in Provost. See details here

Welcome to 5115 46 Street, Provost-This unique 1929 character home is full of charm and warmth. featuring 3 bedrooms, and 2 bathrooms, this cozy, yet spacious layout is perfect for families or investors. Nestled on a mature lot with large trees, it provides a private yet inviting outdoor space. Don't miss this rare opportunity to own a piece of history in a great location! -Home is sold As is -

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5314 34 STREET in Lloydminster

I have listed a new property at 5314 34 STREET in Lloydminster. See details here

Discover the perfect blend of comfort and style in this exquisite property nestled in the desirable Steele Heights neighborhood of Lloydminster. This charming home offers a total of four bedrooms, with a cozy gas fireplace adorning the main floor family room. The vaulted ceiling and wet bar area create an inviting space, ideal for entertaining guests. Meticulously maintained, the home showcases updated windows and siding, ensuring lasting beauty and durability. Step outside to a stunning private yard featuring a large deck, offering a serene escape in your very own backyard oasis. This property promises a delightful living experience, combining modern updates with timeless elegance. 3D Virtual Tour Available!

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Lloydminster Real Estate Market Analysis: March 31 - April 6, 2025

The market in Lloydminster is showing some interesting trends this week. With only 92 active listings, we are at an all-time low for available properties, making the demand even higher.

Key Insights:

  • Active Listings: 92 listings

  • Average Sold Price: $349,130

  • Average Days on Market: 72 (increased this week due to many long-standing listings selling after 200+ days)

  • Pending Sales: 20 properties are currently under contract with an average list price of $338,410.

  • Sold Properties: 20 homes sold this week, with an average sold price of $349,130.

This low inventory is driving up demand, so we need more listings across the board—whether it’s for single-family homes, acreages, or condominiums. Buyers are eager, and homes are moving quickly.

If you're considering listing your property, the market is hot, and now's the time!

Harpreet Christie, Owner/REALTOR®️
Call: 780-205-7653
Email: harpreet@bordercityrealestate.com
Website: BordercityRealEstate.com

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5317 47 STREET in Lloydminster

I have listed a new property at 5317 47 STREET in Lloydminster. See details here

Welcome to your perfect investment opportunity or charming first-time buy in the mature Lloydminster West neighbourhood! This thoughtfully updated home features a legal suite that caters to the revenue-savvy buyer. With stunning vinyl plank flooring flowing seamlessly throughout, the modern kitchen is a cook's delight, boasting a spacious island perfect for entertaining. Convenience is key with both main floor and basement suite laundries. Indulge in the comfort of beautifully renovated bathrooms on both levels, updated mechanical systems, and refreshed windows. Enjoy the ease of a short walk to nearby amenities, making errands a breeze. The property also offers alley access, providing ample parking opportunities, an 8x10 shed for extra storage, and a stylishly updated deck to relax or entertain guests. This fully furnished home is ready for immediate rental or to become your next Airbnb venture. For a detailed experience, a 3D virtual tour is available to explore the charm and functionality of this remarkable home.

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Lloydminster Real Estate Market Update | Week of March 24 - March 30, 2025

The real estate market in Lloydminster continues to show unique trends as we move into the spring season. Let’s break down the latest data and key insights for the week of March 24 - March 30, 2025.

Active Listings: All-Time Low of 99 Homes on the Market

This week, there are only 99 active listings in Lloydminster, marking an all-time low. This is a significant shift from past weeks and highlights just how tight the inventory has become. With limited options, buyers are facing increased competition for the properties that are available.

Properties Sold: Strong Activity, Despite Longer Days on Market

In total, 11 homes were sold this week. The average sold price was $386,007, and homes sold for 97.98% of the list price on average. While it might seem like the market is slowing down, the reality is that properties that have been on the market for 200+ days are finally seeing offers due to the low inventory. This is leading to an increase in days on market (DOM), which was at an average of 131 days for the sold properties.

Pending Listings: High Demand with 18 Properties Under Contract

With 18 homes pending, it’s clear that there’s strong buyer demand in the current market. The average list price for these pending properties is $328,129, and they have been on the market for an average of 67 days. This shows that buyers are actively making decisions, and sellers are still seeing movement on their listings.

What Does This Mean for Sellers and Buyers?

For sellers, now is a fantastic time to list your property. With such low inventory, there’s less competition, and buyers are actively looking for homes in Lloydminster. However, it's also important to note that we are seeing a greater range in the days properties are staying on the market. Homes that have been on the market for over 200 days are finally closing, meaning buyers are still making decisions even on older listings.

For buyers, it’s crucial to move quickly in this market. The competition is fierce, and with fewer options available, properties that meet your needs might not last long.

The Need for More Listings

The key takeaway from the current market data is clear: we need more listings. Whether you have a single-family home, an acreage, or a condominium, now is the time to get your property on the market. With the inventory at such a low point, you have the opportunity to get great offers for your property.

Summary of Key Stats:

  • Active Listings: 99

  • Sold Properties: 11

    • Average Sold Price: $386,007

    • Days on Market (DOM): 131

  • Pending Listings: 18

    • Average List Price: $328,129

    • Days on Market (DOM): 67

  • All Listings: 128

    • Average Price: $419,573

    • Days on Market (DOM): 88

If you’re thinking of buying or selling, now is the time to act! Let’s talk about your real estate goals.

Harpreet Christie, Owner/REALTOR®️
RE?MAX LLOYDMINSTER
📱 780-205-7653
📧 harpreet@bordercityrealestate.com
🌐 BorderCityRealEstate.com

#LloydminsterRealEstate #RealEstateMarketUpdate #LowInventory #SellingHomes #LloydminsterRealEstate

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6 17 3 AVENUE SE in Marshall

I have listed a new property at 6 17 3 AVENUE SE in Marshall. See details here

Welcome to your potential new home in the charming town of Marshall, Saskatchewan, just a short commute from the bustling Lloydminster City. This property is the perfect blend of functionality and comfort, ideal for first-time home buyers seeking a cozy retreat or landlords pursuing a lucrative rental property. Inside, the townhouse features a minimalistic design with a large, airy living area filled with natural light from sizable windows. A flexible three-plus-one-bedroom layout caters to diverse needs, whether for living or workspace, offering extra versatility. Notable upgrades like updated windows and shingles enhance energy efficiency. At the same time, the carpet-free design ensures easy upkeep and a cleaner living environment. The bright, well-appointed kitchen provides ample storage and is equipped for a culinary adventure. The upstairs large primary bedroom is a spacious sanctuary for relaxation, complemented by clever storage solutions. A convenient two-piece bathroom on the main floor enhances the practical layout. The property boasts an enclosed yard, perfect for enjoying seasonal transitions, and a spacious basement that offers additional storage or potential for future renovation. 3D Virtual Tour Available!

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.