August 2024 Real Estate Statistics: Edmonton & Area

In the Greater Edmonton Area (GEA), the housing market has been experiencing some shifts. As of August 2024, there were 2,591 homes sold, which was an 11.8% drop from July 2024. However, this number was still an impressive 15.8% higher than the same time the previous year.

New listings in August amounted to 3,467, a 7% decrease from July, but 7.7% higher than the previous August. Additionally, the overall listing inventory* dropped by 1.2% from the previous month and was 13.8% lower than in August 2023.

*(Overall listing inventory refers to the total number of homes available for sale in a specific market at a given time. It includes all active listings, encompassing various property types, such…

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Explore the Natural Charm of Twin Brooks, Edmonton

Welcome to the Southwest corner of Edmonton, cradled by two picturesque ravines, where you'll find Twin Brooks—a community that shines as an undiscovered jewel. Twin Brooks is a medley of beautiful homes that perfectly embodies the essence of idyllic community living.

A Perfect Blend of Nature and Comfort

Twin Brooks, Edmonton, has earned its name with its prime location between Blackmud and Whitemud Creek Ravines. This splendid backdrop provides residents with an unmatched closeness to nature. Nature enthusiasts can bask in the beauty of the local park or traverse the scenic trails of the ravines to their heart's content. Plus, Twin Brooks' advantageous location to the North of Anthony Henday…

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Why Location Matters When Buying a Home in Edmonton, AB

Introduction: Why Location Matters in Home Buying

When it comes to buying a home, location is often touted as the most important factor. But what makes location so critical, especially in a city like Edmonton, AB? From the convenience of nearby amenities to the long-term potential for property value appreciation, where you choose to live can significantly impact your quality of life. This blog explores why location should be at the top of your checklist when buying a home in Edmonton.

Proximity to Essential Amenities: A Look at Convenience

One of the first factors to consider is how close your potential new home is to essential amenities. Edmonton offers a variety of schools, hospitals,…

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Community Spotlight: Capilano, Southeast Edmonton

Looking for the ideal neighborhood to call home in Edmonton, Alberta? Capilano offers an exceptional blend of urban convenience and natural beauty, making it a top choice for home buyers. Let's take a closer look at what makes Capilano such a desirable community.

Key Attractions in Capilano

Capilano Park

Capilano Park is situated on the serene south bank of the river, precisely at the conclusion of 50 Street. This community gem boasts a wide array of year-round amenities, making it a fantastic destination for outdoor enthusiasts and families alike. In the chilly months of winter, visitors can enjoy snowshoeing across the sparkling white landscape and explore the well-groomed cross-country ski…

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Top 10 Home Design Trends for 2024 in Edmonton, Alberta

If you're a homeowner or thinking about selling your home in Edmonton, Alberta, knowing the latest home design trends can help you make informed decisions. Edmonton's unique climate and growing interest in sustainable living have shaped these trends, ensuring your home is stylish, functional, and energy-efficient. Here are the top 10 home design trends for 2024 that you need to know.

1. Sustainable and Eco-Friendly Materials

Edmontonians are increasingly conscious of their environmental footprint, and this is reflected in home design. Sustainable materials like reclaimed wood, bamboo, and recycled metal are becoming popular choices for both construction and renovations. These materials not…

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10 Common Real Estate Myths Debunked

Introduction

Navigating the real estate market can be a daunting task, especially for first-time homebuyers and property investors. Myths and misconceptions abound, often leading to costly mistakes and missed opportunities. In this blog post, we aim to debunk 10 common real estate myths, providing you with factual information and expert insights to help you make informed decisions.

Myth 1: Real Estate Is Always a Safe Investment

Debunked:

While real estate can be a profitable investment, it is not immune to risks. Market fluctuations, economic downturns, and property-specific issues can all impact the value of your investment. For example, the 2008 financial crisis saw a significant decline in property…

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Community Spotlight on Jagare Ridge in Edmonton, Alberta

Welcome to Jagare Ridge, one of Edmonton's most picturesque and family-friendly communities. If you're a homebuyer looking for a place that offers both tranquility and convenience, Jagare Ridge might be your perfect match.

Key Attractions in Jagare Ridge

Jagare Ridge Golf Club

Start your exploration at the Jagare Ridge Golf Club. This challenging 18-hole course is not just for golf enthusiasts. Even if you're not a golfer, you'll appreciate the stunning views of the Whitemud Creek and the meticulously maintained fairways. It's a great place to unwind and enjoy the outdoors.

Whitemud Creek Ravine

Nature lovers will find a haven in the Whitemud Creek Ravine. This area offers…

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Common Issues That Can Lower a Home Appraisal in Edmonton, Alberta

Whether you're a homeowner looking to sell or a real estate investor aiming to maximize your property's value, understanding the factors that can negatively impact a home appraisal is crucial. In Edmonton, Alberta, several common issues could potentially lower your home's appraised value. Let's explore these issues and provide some practical tips on how to address them.

Poor Maintenance and Visible Damage

One of the most significant factors that can lower a home appraisal is poor maintenance and visible damage. Cracked foundations, leaky roofs, and peeling paint are immediate red flags for appraisers. These issues not only indicate that the property hasn't been well cared for, but…

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July 2024 Market Update

Looking for Edmonton real estate? Here's an easy-to-understand summary of Edmonton's housing market as of August 2, 2024. The Greater Edmonton Area (GEA) witnessed a total of 2,941 residential unit sales, a jump by 3.5% from previous month and a remarkable 27.1% from July 2023! That's a lot of Edmonton homes for sale.

New MLS listings in the GEA were 3,729, a 2.9% rise from June 2024 and a hefty 13.2% from July 2023. Yet, the overall housing inventory decreased by 1.4% since June and was 15.1% lower than in July 2023.

Breaking down the types of units sold, detached homes had a sales figure of 1,708, an increase by 2.8% from June 2024 and it was also 23.5% higher than in July 2023. The semi-detached and row/townhouse…

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Discover The Community of Inglewood in Edmonton, Alberta

If you're on the hunt for a new home in Edmonton, Alberta, look no further than the vibrant community of Inglewood. Nestled in the heart of Edmonton, Inglewood offers a blend of charming residential streets, rich history, and modern conveniences—all of which make it an ideal place to call home. 

Inglewood is a neighbourhood located in the northwest quadrant of Edmonton, Alberta. It is situated near the Yellowhead Trail and Anthony Henday Drive, making it easily accessible by car. The neighbourhood is bordered by 137 Avenue to the north, 118 Avenue to the south, 127 Street to the east, and 142 Street to the west. Inglewood is a relatively small neighbourhood, covering an area of approximately 1…

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