Real Estate

In tough real estate market, a century-old home idea could come back

A crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them one on top of the other to make a new duplex in Aurora, Colorado in 2018.

Hyoung Chang | Denver Post | Getty Images

A century ago, a first-time homebuyer might begin their search in a catalog for a kit-built home from Sears and others. In today’s real estate market, the idea rarely registers in house hunting. But with affordability stretched to an extreme and more buyers thinking about sustainability, the modular home — the kit home’s descendent — could be poised for the spotlight.

In the least, U.S. consumers looking to build an efficient and sustainable home should consider going modular. Green construction experts generally agree that modular construction generates less waste and causes less disruption to plants and animals on building sites. And instead of thousands of pieces of lumber, nails, and roofing material that

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Forec

Resale condo in Edmonton has a tough go finding a buyer

14810 51 Ave., NW., No. 311, Edmonton

Asking price: $229,000 (December, 2022)

Previous asking price: $249,900 (July, 2022) *under previous agent

Selling price: $221,000 (December, 2022)

Previous selling price: $135,000 (2020)

Taxes: $1,778 (2022)

Property days on market: 179

Listing agents: Clare Packer and Judy Clare-Packer, Re/Max Excellence

The action

The unit has a traditional kitchen.Re/Max Excellence

This two-bedroom-plus-den suite in a residential suburb near Fort Edmonton Park, went without an offer for roughly five months last year. A new team of agents was brought in and made some subtle changes, including new listing photography and a slimmed-down price tag. Over the next two weeks there were five showings and one visitor made an accepted offer at $8,000 under the asking price.

“Condos are inherently very difficult to sell in Edmonton, the main reason being that there is a lot of new development, therefore you’re competing with brand new

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