Terry Paranych Real Estate Group Blog - March, 2024

Edmonton Community Spotlight: Trumpeter in Northwest Edmonton

Trumpeter is a new and rapidly growing community located in Northwest Edmonton, within the "Big Lake" district. Similar to other neighbourhoods in this area, Trumpeter offers a paradise for nature enthusiasts due to its proximity to Big Lake. Additionally, Trumpeter features modern detached and semi-detached homes, as well as convenient access to amenities, making it a desirable location for busy families who seek a vibrant neighbourhood with plenty to offer.

Did you know? Each of the neighbourhoods within the Big Lake district, including Trumpeter, is named after a specific native bird species. In this case, Trumpeter takes its name from the Trumpeter Swan, which nests nearby.

Real Estate and Homes For Sale in Northwest Edmonton and…

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Edmonton Community Spotlight: Walker in Southeast Edmonton

Walker is a newly established neighbourhood situated in Southeast Edmonton. Being part of the larger Ellerslie region, residents of this growing community have easy access to top-notch amenities in South Edmonton, such as South Edmonton Common, various recreational facilities, and the Edmonton International Airport. In addition, Walker is renowned for its wide selection of new construction homes ranging from stylish townhouses to spacious luxury homes exceeding 2,800 square feet.

No matter what you're searching for, Walker has it all!

Did you know? Walker takes its name from George Walker, who played an instrumental role in Edmonton’s housing and urban development.

 Real Estate and Homes For Sale in Walker in Southeast Edmonton

The…

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Edmonton Community Spotlight: Keswick in Southwest Edmonton

Keswick is a beautiful new community situated in Southwest Edmonton’s sought-after Windermere district. Known for its picturesque surroundings, convenient access to amenities, and diverse selection of newly built luxury homes, Keswick has rapidly become increasingly popular since its inception in the late 2000s. If you’re looking for a high-end home in a developing new neighbourhood near parks, trails, green spaces, and trendy shops and services, Keswick is the community for you.

 Did you know? Keswick is thought to take its name from an English market town known for its beautiful lakeside scenery.

Real Estate and Homes For Sale in Keswick

Though development in Keswick is ongoing, the area already has many luxury home styles. This makes…

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Discontinuation of the First-Time Home Buyer Incentive

The First-Time Home Buyer Incentive, a program designed to assist qualified first-time homebuyers in reducing their monthly mortgage payments, has been discontinued. This shared-equity mortgage program, offered in partnership with the Government of Canada, aimed to make homeownership more accessible by providing a 5% or 10% incentive for the purchase of newly constructed homes, and a 5% incentive for the purchase of resale (existing) homes or new/resale mobile/manufactured homes.

One of the key features of the First-Time Home Buyer Incentive was its shared equity component, where the government shared in both the upside and downside of the property value, up to a maximum gain or loss of 8% per annum. This meant that homebuyers could afford lower…

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