Sitting at Starbucks on Jasper Ave enjoying my favorite cup of coffee, while reading the Edmonton Journal a few weeks ago I was excited to read that the project of the new tallest residential building is coming together quite nicely. It’s going to be a great expansion for our city not only in the sense of seeing more space on ground level but perhaps in the future we will be seeing even taller high rises. Pearl Tower is located on 120th Street on Jasper Avenue, a great location in downtown Edmonton. From reading the article it was interesting to see the structure was initially suppose to be much higher but due to the Airport Protection Overlay (APO) by law, they were limited to a certain height because of flight paths … it's still going to be the tallest…
It’s July and Real Estate is still busy as lots of buyers are still looking to settle down in a new home before September when the kids go to school.
My weekend was busy as well with 2 new listing:
2 Bedroom, 1 bath, underground parking in the Monaco Building which is located in the heart of the city on 10707 102 Ave.E3345327
Wow! An acreage in Sturgeon County 3.2 acres, Bungalow built in 2002 all fenced, triple detached garage, fully finished basement, amazing deck and more coming up on the Market today…
The questions for many individuals & families that sometimes still remains unanswered is when is it the right time to buy… or should you just keep on renting??? Of course the circumstances and conditions are different for everyone and the answer will never be black or white.
An obvious argument for owning a home is based on the idea that paying ones mortgage is an instant savings plan and once you pay off your mortgage your home will be a huge asset. I always advise my clients if they are able to buy a home in their area for less than 15 X what their annual rent it, it makes more sense to buy. That being said; do not spend more than 3 X what your annual income is on a home. The answer still does not seem that simple; of course if you are single,…
As of July 14/2013 we have 7766 Listings and 722 Total Residential Sales for June/2013
In the first six months of the year, housing in the Edmonton Census Metropolitan Area (CMA) shoed slow, steady increases. According to the REALTORS Association of Edmonton, the all-residential average price was up 5.6% from the averageprice on December 31,2012compared to June 2012, the current avarage price is up 4.2%
The average all-residential price for the Edmonton CMA in June was $359,361. This was up 0.8% from May2013. The avarage price of the single family property in June was $412,269, up 2.3% from last June when price was $402,840. Condominium prices followed a similar path with June prices at $261,854 compared to a year ago at $240,822.
This busy month of…
Central & South Side of YEG
One of my favorite areas in Edmonton is the River Valley, not only is it great for going on long runs with your dog or friends; it also has a breath taking view. Another awesome spot on the south side of Edmonton is Whyte Avenue, filled with some of my favorite shops (gravity pope) and cafes, it's a great place to walk around and enjoy our beautiful city. On Saturday mornings if you wake up early enough make sure to check out the farmers market for your daily dose of organic fresh fruit and vegetables. Last week I talked about all the benefits of living on the north side of Edmonton and this week I will be stating all the reasons why the south side and central should be your choice of location. Not only is it close to the…
My weekend in Real Estate,
It is July and lots of people are focused of holidays, but many are still looking for this property that they will call home. My weekend was great one offer for the Buyer and one for my Seller. I still believe in open houses there is a Buyer for every property and very often they will not call but wait for us to do an open house. It was a great open house at 356 Wild Rose Way I did yesterday despite of 15 minute crazy rain.
July is a vacation month and many of us a taking time off to relax and get more energy for the next 6 month. Edmonton offers lots of summer attractions Festivals and Events.
Churchill Square it’s more than Square:
Zumba on the Square 12-1 pm Latin music fills the square for free Zumba it’s hosted by Edmonton Fitness Party .
Zoodays 12-1 Churchill Square goes wild, with animal visits from Edmonton Valley Zoo
The Churchill Circuit 12-1 –cardio and resistance training it’s free and fun.
Food truck and music, 12-1 pm – grab a bite from Edmonton’s most popular food trucks
Thursdays night open cyphers, 5-9 pm –DJ Creeasian, Edmonton’s guru of positive inclusive hip hop culture hosts this congregation of…
7783 properties and total residential Sales this month as of June4/2013 is 40, we have 95 new listings.
The second quater of the year is th most active time of the year for real estate sales. Both Buyers and the sellers would like to complete the transactions before school starts in September. About 33% of annual sales happen in April, May and June. May statistic comming up..