Discover the most up-to-date news and insights on the Edmonton & Area Real Estate market. With comprehensive market updates, valuable information on mortgages, and more, you can trust that you will be well-informed. Stay ahead of the curve by staying connected with us.

Discover the 7 Neighbourhoods Around University of Alberta

Edmonton, Alberta, is home to the prestigious University of Alberta, surrounded by vibrant and diverse neighbourhoods. Whether you're a student, a homebuyer, or a parent, these areas offer unique benefits, housing options, and local amenities. Let's explore the seven neighbourhoods around the University of Alberta.

1. Windsor Park

Proximity

Windsor Park is just a stone's throw away from the University of Alberta, making it ideal for students and faculty members.

Housing Options

Offering a mix of student apartments and family homes, this neighbourhood caters to a variety of residents.

Housing Prices

Windsor Park is one of the more sought-after neighbourhoods near the…

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Mastering the Open House Experience with These Must-Ask Questions

Buying a home is one of the most significant investments you'll make in your life. Walking into an open house or home showing can be both exciting and overwhelming. The key to making an informed decision lies in asking the right questions. This blog post will guide you through essential questions to ask before and during an open house, so you can feel confident about your potential new home.

Why Questions Matter During an Open House

Attending an open house isn't just about admiring the aesthetics of a property; it's an opportunity to gather crucial information. Asking the right questions will help you uncover details that aren't always visible, like the home's history, the…

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Conquer Edmonton's Real Estate: Tips for Homebuyers in a Seller's Market

Navigating the maze of Edmonton homes for sale can feel overwhelming, especially in the middle of a seller's market. But don't worry! We've got you covered. This post will help you understand the current real estate market in Edmonton and provide practical tips to successfully purchase your dream home, even when the odds seem stacked against you.

Introduction to Edmonton's Real Estate Market

Edmonton's real estate market is booming. With more people looking to buy than sell, it's become a prime example of a seller's market. For homebuyers, this means increased competition, higher prices, and quicker decision-making. But don't be disheartened. There are still opportunities to…

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Welcome to Windermere | Southwest Edmonton

Nestled in the southwest corner of Edmonton, Windermere is a community that effortlessly blends modern living with natural beauty. Not long ago, this area was primarily farmland. Today, it stands as one of Edmonton's most sought-after neighborhoods. With its rapid growth, exceptional amenities, and vibrant community spirit, Windermere captures the hearts of real estate enthusiasts and home buyers alike. In this blog post, we’ll take you on a tour of Windermere, exploring its real estate market, lifestyle, local businesses, resident testimonials, and future developments.

A Brief History of Windermere

Windermere’s transformation from rural farmland to a bustling urban community is nothing short of…

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Invest In Edmonton's Real Estate Market

Real estate, the cornerstone investment in any diverse portfolio, offers many benefits such as cash flow, building equity, and value appreciation. For those looking to invest in a rising property market, there's untapped potential to be found in the charming city of Edmonton, Alberta. Nestled in the heart of the province, Edmonton offers an array of exciting opportunities for investors, making it an enticing locale to explore.

Edmonton's real estate market holds great potential for investment, and the reason is three-pronged - affordability, a thriving rental market, and the high quality of life. Affordable housing in Edmonton has greatly contributed to a significant boom in housing investments across the…

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The Latest Real Estate Statistics

May 2024

In the month of May 2024, the housing market in Greater Edmonton Area (GEA) showed promising growth, with total residential unit sales reaching 3,220. This is an increase of 3.3% from April of 2024 and 18.9% higher than May of the previous year.

As for new listings, there were 4,325, a 13.4% increase from April 2024, and 12.6% higher than May 2023. Furthermore, inventory also increased by 6.9% compared to the previous month, but it is still 17.1% lower than May of 2023.

Residential Prices

Residential average prices were $441,350 in May 2024, indicating a 2.2% increase from April 2024, and a 5.0% increase from May 2023. Detached homes averaged at $546,390, marking a 3.0% increase from April 2024…

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What Do You Need To Purchase A Home in Alberta?

When thinking of purchasing a home in Alberta, it's more than just picking up a property you like, signing a few documents and moving in. The process involves careful planning, saving and making calculated decisions. Here is a comprehensive step-by-step guide that outlines all the necessities you will need when buying a home in Alberta.

1. Down Payment:

The first crucial item that you need to afford is the down payment. The amount varies based on the purchase price of the home. If the cost of your dream home is less than $500,000, you're required to make a minimum down payment of 5%. For homes priced between $500,000 and $1 million, the down payment is 5% for the first $500,000 and 10% for any…

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Discover Griesbach: A Hidden Gem in Edmonton, Alberta

Nestled in the northern part of Edmonton, Griesbach is more than just a community—it's a town within a city, a place that evokes a sense of nostalgia with its '40s-style architecture while exuding modern charm. With its inviting front porches and meticulously designed rear-lane garages, Griesbach offers a warm, friendly, and welcoming atmosphere where neighbors are more than just faces—they become friends.

Key Attractions and Landmarks in Griesbach

A Neighborhood Like No Other

Griesbach is centrally located, just 20 minutes north of downtown Edmonton, bordered by 97 Street to the east, Castle Downs Road to the west, 137th Avenue to the south, and 153rd Avenue to the north. This well-planned…

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Renting vs. Buying

In the grand scheme of life's biggest financial decisions, the choice between renting or buying a home ranks pretty high. Both options come with their own set of advantages and disadvantages, and the decision ultimately depends on your personal and financial circumstances. We aim to delve into the ins and outs of renting and buying in Edmonton Real Estate, and provide steps to assist you in determining which is best for you.

Firstly, let's look at the benefits and drawbacks of both options.

On the positive side, renting a home is often cheaper than owning one. It provides flexibility, which can be beneficial if your job or lifestyle requires you to move frequently. Renters are usually not responsible for maintenance or repairs,…

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Navigating the Closing Process in Edmonton's Real Estate Market

The closing process in Edmonton's real estate marks the finale of the property purchase adventure - a day filled with excitement and a bit of paperwork, resulting in the official changing of hands from seller to buyer. In Edmonton, understanding this process is crucial for both buyers and sellers to ensure a smooth transition and to safeguard their interests. This guide will walk you through the key stages of closing in Edmonton, making sure you know what to expect on this significant day.

What Happens on Closing Day?

Closing day is the culmination point where the transaction is finalized. Funds are transferred from the buyer’s to the seller's lawyer, after which the seller receives…

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