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Edmonton Real Estate Blog

Wayne Gretzky memorabilia usually comes in the form of Jerseys, Sticks, Pucks or anything related to his hockey career, but this piece of Gretzy you can own won't fit in to your display case.

The Gretzky mansion is back on the market for the second time...this time with a lower price tag.

Walk past the lush, freshly trimmed landscaping into a beautiful courtyard with a towering black fountain placed right in the middle. Next, pass through the front door, and you will be in one of the celebrated “Great One’s” homes.

Wayne Gretzky is selling his immense home in Lake Sherwood, California for a cool $8.2 million (U.S.). Only an hour from Los Angeles, it is back on the market at a bargain price. It was previously listed at $10.5 million in 2014

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There has been a proposal to include affordable housing in city buildings and recreational centers floating around Edmonton that is meant to increase the city's inventory of affordable housing in the most efficient way possible. 

Mayor Don Iveson feels that using public land can go a lot further in the effort to create more opportunities to families in need of affordable housing. 

As it sits right now, public land is not zoned to allow for housing; however, that can change once the provincial government sits to revise the Municipal Government Act later this year. The Mayor's plans are to allow Edmonton to be the initial city to create this change when they sit down to negotiate with the provincial government. Plans like this have been tried in

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We have all experienced how exhausting the process of searching for your new home can be - whether you are looking to rent or buy. Scrolling through pages and pages of the MLS is already a pretty taxing experience but adding terrible real estate photos to the mix can really take it to the next level.

Unprofessional, blurry, or dull photos of your listed property can do more harm than good. Viewing these real estate photos give potential buyers a bad first impression of your property which may result in them never scheduling a viewing and thus leaving your home on the market longer.

Luckily, the Terry Paranych Team understands this and places a great deal of importance on presenting your home professionally at every level. 

Don't believe how big

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We’re about to give you 23 reasons why Edmonton, Alberta is an incredible city.

1. Because you care enough to read this article. Prepare to be amazed. Keep reading.

2. Well…we all know that despite the cold weather we always have fun things to do outside.


3. Our youth loves to enjoy the great outdoors regardless of the time of year.


4. You will find artistic beauty in Edmonton, even when you aren’t looking for it.

5. The architecture in this city is breathtaking.


6. Sometimes walking in Edmonton will take your breath away.

7. Have we mentioned our incredible architecture?

8. Edmonton may be a young city compared to Europe, but we do have some pretty great buildings with character.

9. The city

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April 6, 2016 marks the date of the last game played at Rexall Place by NHL’s Edmonton Oilers. This fall they will be making the move to Rogers Place, a $480-million facility. Real estate values are expected to see a very positive change. Both Oilers fans and real estate should benefit from the new location.

A recent article proposes such movement, in this case the sports arena move, actually enhances the value of neighboring real estate. The typical misconception that wealthy owners and players are the only real winners could prove to be false. 

There is a stipulation in the plan that states increases in taxes are not allowed to bear the cost of the bill. Real Estate Investment Network (REIN), examines the positive and negative effects that

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The decision was made by Edmonton city council to approve zoning changes that would allow for the 16-storey building to be south of Whyte Avenue, in spite of professional planners’ and volunteer design committee’s direction which will help to improve affordable housing in the area.

Coun. Ben Henderson appeared to be unhappy with his colleagues following the motion that passed 9-3. This was amid other decisions where they appeared to ignore his neighbourhood plan. Ben stated, “If we do this as a one-off, I do not understand the purpose of doing (area redevelopment plans) at all.”

Members in the Edmonton community had asked the council to prolong their decision to approve or deny The Mezzo tower until the city’s inhabitants could provide input.

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As you think about buying your new home, you may realize the largest portion will be going toward your down payment.

Your mortgage payments can also serve as your most significant routine expense. When reviewing your budget, it is best that you calculate in the potential hidden costs that come along with purchasing a home. Although you may have considered the extra costs, they can easily add up, particularly if you are a new homebuyer.

 Some of the fees and costs can include:

1. An application fee.

You may find some lenders will charge you a fee when you have your application processed. This fee also pertains to when your mortgage renews.

2. An inspection fee.

An experienced building inspector can assess your potential home if you

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Moving to a new home is something a majority of us will do several times in our lives if not a dozen. It is vital to try and make these occasions free from stress as much as possible. There are some things that most of us tend to leave until the last minute that should have been done early in advance. Below we have compiled a list of 6 things everyone should do when moving into a new house.

1. Get The House Cleaned Up

It is essential to have your house cleaned up to avoid some unpleasant surprises. You can hire professionals to get the work done for, which is something we highly recommend. You can also choose to do it entirely yourself. Washing out your cabinet, kitchen and counters will make you feel good about your new house.

2. Change the

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The prospect of finally getting keys to your very own home in your hands can be incredibly exciting. Rather than paying rent, you'll be putting money towards your mortgage and can take pride in knowing that you own your place. However, that excitement can easily turn into fear when you realize there's a lot more work that's involved in this process overall. Fortunately, if you take a deep breath and read the dos and don'ts of buying your first home below, you'll know much more about what you can expect.

Things You Should Do

Hire a Real Estate Agent

It's important to realize that you are not required to hire a real estate agent, but it's definitely recommended when it's your first time in the real estate game. You'll be glad to have their

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When we think about multi-million dollar sprawling mansions, we usually think about Los Angeles or Miami, or on the Canadian front Toronto or Vancouver. Let’s face it – the prairies are just not what we think of when we think high end homes with ultra chic design. Platinum Signature Homes didn’t get that update when they started construction in 2014 of the colossal 'Araliya' mansion. Now complete and on the market (for a paltry $6,179,000!), Araliya is as much a statement of Alberta being “on the scene” design wise as monetarily.

Araliya is a 12,700 square foot (that’s 1,180 square metres!) palace of opulence. This stunning single family home features 6 bedrooms, each of which features a walk-in closet and en suite. Walking into any of these

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