How the Bank of Canada’s Rate Cut Impacts Your Variable Mortgage

The Bank of Canada has made headlines once again, this time by reducing the key overnight rate by 25 basis points to 2.75% on March 12, 2025. Whether you’re a current homeowner, a mortgage holder, or a prospective buyer, this change has likely caught your attention—for good reason. The decision doesn’t just affect the financial markets; it directly influences variable mortgage rates, your monthly payments, and even how much home you can afford.

This blog explores the details of the Bank of Canada’s rate cut, how variable mortgage rates work, and what this means for both existing mortgage holders and first-time buyers. Plus, we’ll cover the risks and opportunities in the current…

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Home Problems Home Inspectors See as Warning Signs When Buying an Edmonton House

When buying a home in Edmonton, it’s easy to be mesmerized by the charm of a property—the expansive living rooms, modern kitchens, or perfectly landscaped backyards. However, what might be hidden beneath these appealing visuals could cost you thousands of dollars down the line. This is why home inspections are not simply recommended; they’re essential.

Professional home inspectors come armed with the expertise to identify subtle but significant issues that could signal future repairs—or worse, structural disasters. This blog post highlights common home problems inspectors often encounter, what they mean, and why they should never be overlooked.

Washing Machine Hose…

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Edmonton Real Estate Market Update: Spring 2025 Insights

The Edmonton real estate market has shown signs of thawing despite economic uncertainties, signaling a potential early spring market. Whether you're a homebuyer, homeowner, or real estate investor, staying informed about the latest trends is essential to navigating this dynamic landscape effectively.

This article dives deep into February 2025's key statistics to provide a clear picture of where Edmonton's housing market stands. From sales data to price increases and inventory shifts, here's everything you need to know.

Rising Residential Sales Signal Market Momentum

February 2025 saw 1,825 residential units sold, marking a 14.3% increase over January. This upward momentum indicates…

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Attic Rain 101: How to Identify and Address This Seasonal Problem

When Edmonton winter takes hold, many homeowners unknowingly fall victim to attic rain, a pesky issue that can cause significant damage if left unchecked. But what exactly is attic rain? Why does it occur, and most importantly, how can you prevent it? This guide will walk you through everything you need to know about attic rain, from spotting early signs to taking preventive measures that protect your home.

What is Attic Rain?

Attic rain occurs when moisture from your home rises into the attic, freezes, and then later melts when temperatures warm up. The resulting water can drip onto your attic's surfaces, potentially causing water damage, mold growth, and insulation problems.…

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Why Understanding a Real Estate Seller's Motivation Matters

Buying a new home or investment property in Edmonton isn’t just about square footage or location—understanding the motivation behind why a seller is selling can be just as important. Whether you’re a first-time buyer, seasoned investor, or someone searching for their dream property, gaining insight into the seller's reasons can reveal hidden opportunities and help you make smarter decisions.

We will explore why uncovering a seller’s motivation matters, the key advantages it offers, and how you can tactfully uncover this critical information during the buying process.

Understanding Seller Motivations

Why do people sell their homes? The reasons are as diverse as the properties…

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How to Know If There Are Zoning Bylaws or Future Development Plans Near Edmonton Neighborhoods

Edmonton is growing, and growing fast. With its population expected to reach 1.25 million sooner than anticipated, the city is preparing for monumental change. For future homebuyers, that growth brings both opportunities and challenges. New neighborhoods are springing up, and existing ones are undergoing transformations.

Before you buy your dream home, there’s a crucial aspect you need to understand—zoning bylaws and future development plans. These can significantly impact your quality of life, the value of your property, and even your day-to-day experiences.

This guide will provide you with everything you need to know about Edmonton's zoning…

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What Is Earnest Money (deposit), and Will You Get It Back When Purchasing an Edmonton Home?

What You'll Learn

If you're planning to buy a home in Edmonton, discussions about “earnest money” or a "real estate deposit" are likely to come up early in the process. For first-time buyers or even seasoned ones, earnest money can seem confusing. What is it exactly? Why do buyers need to pay it? Most importantly, what happens if you change your mind or the deal falls through—do you get it back?

We will guide you through the essentials of earnest money, its purpose, and the scenarios where you might lose or recover it.

What Is Earnest Money?

Earnest money is essentially a “good faith” deposit made by a homebuyer to show their commitment to…

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Budget Breakdown for Buying a $500K Home in Edmonton

Purchasing a home is a significant milestone, but it also comes with expenses that can feel overwhelming if you’re unprepared. If you’re eyeing a $500K home in Edmonton, knowing what additional costs to expect can help you confidently budget for your purchase. From property taxes to maintenance, this guide outlines the key financial factors to keep in mind and ensure you're fully prepared.

What You’ll Learn:

  • A breakdown of essential expenses when buying a $500K home in Edmonton
  • Budgeting tips for property taxes, closing costs, home insurance, and repairs

Property Taxes in Edmonton

One of the largest ongoing costs of homeownership is property taxes. These taxes are used to fund…

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Selling Your Home in Edmonton? Here’s What Your Realtor Should Be Doing

Successfully selling a home in Edmonton’s dynamic real estate market requires more than just a "For Sale" sign on your front lawn. The right Realtor can make all the difference in ensuring your home sells quickly and for the best possible price. But what exactly should your Realtor be doing to market your home effectively?

We will break it down on how the Edmonton real estate market works, the critical role of a Realtor, marketing strategies they should be implementing, and tips for choosing the right Realtor for your sale.

Understanding Edmonton’s Real Estate Market

Edmonton’s real estate market presents unique opportunities—and challenges—depending on when you're…

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Why A Final Walk-Through Is Crucial Before Taking Possession of Your Edmonton Home

Buying a home in Edmonton is a monumental step, one that comes with equal parts excitement and responsibility. Once you’ve selected your dream home, the offer is signed, and the paperwork is finalized, it might feel like the hard part is over. However, one crucial step remains—the final walk-through. This often-overlooked process can save homebuyers from unexpected surprises and ensure a smooth transition into their new space.

We will guide you through the importance of conducting a thorough final walk-through, share real-life stories, and provide essential tips for a stress-free experience.

The Value of a Final Walk-Through Before Buying Your Home

At its…

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