Real Estate Blog - Edmonton Real Estate Market

Investing In Edmonton Real Estate

Real estate, in the United States and Canada, has taken a hit in the last decade. In fact, the Great Recession was led by the sinking of the housing market in both countries. However, there were pockets of profit which began to emerge in this industry, even while most other segments were fledging under water. Edmonton, Alberta is one such location, and there are several key things to look for when looking for investment in this area.

            Look For Green Properties:

Estimates suggest that Edmonton has a higher rate of return on real estate than other areas of Canada, and real estate is profitable, because the cost of living is not as extreme as it is in other areas of the country. Many renters and home buyers are looking for “green living”…

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New VS Used

New VS Used

It's a question I'm asked on a weekly basis by my clients " should we buy a new home or is it better to buy an older home " & I often find myself on both sides of the spectrum.　There are many benefits of buying a new house but there are also benefits to buying an older house as well; it really all depends on what you want out of the home. Is it the location that you desire most or do you want everything in your home to be new and just how you wanted it.　

Customizing home to ones needs:

　Homebuilders will often let buyers help design the property; it helps create a living space that is tailored to their tastes.

　Less repairs:

　Features of new homes hold up better than those of older homes, which may have years of wear and tear

…

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Current Residential Inventory and Sales ( City of Edmonton only)

As of October 28/2013

 Current Residential Inventory is 5945 Total Residential Sales this month 1242

Average sold Price is

$380,747 house

$237,479 condo

Average Days on the Market for total Residential is 52/YTD 50

Sales to Listings Ratio 62% YTD 63%.

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Current inventory

As of October 21/2013 Residential inventory is 6028, as of today we have 877 sales.

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New Arena

NEW ARENA

After all the anticipation we finally got an estimate time for Edmonton's new Arena! It is said to commence being built in Spring 2014 and to be finished by the Fall of 2016 ( Of course this is just an estimate) quite exciting!! As of now it is currently in the planning stages. This Arena plays an immense role in REVIVING Downtown Edmonton. It will be the new home for the Edmonton Oilers , the Oil Kings and will be the venue for future concerts and events. This Arena will be found between 101 and 105 Street and 104 & 105 Avenues. Over 80 percent of Edmontonians said that this new Arena will be a definite landmark for our lovely city. There will be over 19000 seats ( which is almost adding 3000 seats ), AMAZING sight lines that will be much…

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Current Residential Inventory and Sales ( City of Edmonton Only)

As of September 25/2013 current Residential Inventory is 6560 with 1224 Total Residential Sales this month. Average Sale Price $418,862 (for August) and Average Sale Price Year-to-date is $416,718. Average days on the market *46days* and Year-to-date *43days*.

Christina Bee

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Rexall Place in Edmonton

Our  Rexall Place 
It is safe to say Edmonton is getting a ReVamp!!  In the next year we will be experiencing many new and exciting business ventures  - New High Rises on the Rise and what's even more exciting a new Arena for our Edmontonians! If you have lived through one winter season in Edmonton you will know all about our Hockey Spirit and how much we support our Oilers! Even if you know nothing about the sport , most will still cheer on and have pride for our beloved Team. It definitely brings the people of our city together ;  whether it be grabbing a beer with your co-worker to talk about the game or chatting with your neighbour about last nights game , the Oilers are a great conversation starter. The home of the Oilers and where many…

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My new listing in Glastonbury

Amazing location, property in located in cul-de-sack just one block from manmake lake, walking trails, minutes from Anthony Henday, Whitemud and West Edmonton Mall. This 2 storey home offers almost 1900ft2, 3 bedrooms, bonus room, 2 fireplaces one in the living room, second one in the bonus room. Brand new Maytag appliances will be delivered On Sep 25, check it out E 3352424 378 Galbraith Close

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My new listing in Oxford 16209 129A str

E3352183 2 storey house almost 2100Ft2 with 4 +1 bedrooms, great upgrades, fully finished basement, great pie shaped lot with professionally done landscaping, with trees, shrubs, gazebo, brick fire pit, brick pation, BBQ with cover stand and the asking price is $529050, call me or email, open house will take place on Sunday September29 2-4 pm

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New Condos to consider?

New Condo's to Consider!? 
So apparently this week I'm talking all about new developments our city will be seeing in the future!,  Westrich Pacific Corp is beginning construction on a condo located at 10238 103 St  which will be called ULTIMA,  2015 is when it is said to be completed by, along with Pearl and Fox Towers - 2015 is going to be an excited year for our city! The prices for these condos will begin at $ 242,000 to $1,132,000.  I was looking through the photos of this future development and was blown away by how modern and fresh these condos will be. This development will feature 32 stories ; living and working lofts on the second & third floor while the suites will start on the fourth floor. Reading through the description of these suites…

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