Terry Paranych Real Estate Group Blog

Community Spotlight: Wild Rose in Southeast Edmonton

Wild Rose is a vibrant community within The Meadows residential district, located just east of Mill Woods in Southeast Edmonton. Most of the homes here were built in the 1990s and 2000s, contributing to its modern feel. The area is known for its variety of housing options, from duplexes and low-rise condos to spacious single-family homes with upscale features and modern amenities.

Did you know? Wild Rose was named after Alberta's provincial flower, symbolizing the natural beauty and vibrant spirit of the area.

Real Estate and Homes For Sale in Wild Rose

Wild Rose boasts a diverse real estate market catering to various needs and budgets. The average listing price in Wild Rose hovers around $550,000, making it an affordable yet attractive…

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Edmonton Community Spotlight: Rhatigan Ridge in Southwest Edmonton

Nestled in the heart of Southwest Edmonton, Rhatigan Ridge offers a perfect blend of tranquility and convenience. This charming neighbourhood is ideal for families, professionals, and retirees alike. From its rich history to its modern amenities, let's dive into what makes Rhatigan Ridge such a special place to call home.

History of Rhatigan Ridge

Rhatigan Ridge takes its name from Thomas Rhatigan, an area farmer renowned for his award-winning oats. The community's development began in the 1970s, with significant growth during the 1980s and 1990s. The area was part of a larger plan for the Riverbend-Terwillegar Heights, envisioned as a comprehensively planned community.

Did you know? Thomas Rhatigan was proclaimed "World Oat King" at…

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Edmonton Community Spotlight: Suder Greens in West Edmonton

Located in the thriving area of Lewis Estates, Suder Greens is an inviting community in West Edmonton known for its welcoming atmosphere and scenic surroundings. Characterized by its beautifully landscaped green spaces and close proximity to a variety of amenities, Suder Greens is a fantastic choice for anyone seeking a balance of suburban comfort and convenient access to urban life. With ongoing developments enhancing its residential appeal, Suder Greens offers a diverse range of home styles, primarily focusing on spacious single-family homes.

Did you know? Suder Greens' design cleverly incorporates three fairways of the Lewis Estates Golf Course, offering residents spectacular views and direct access to golfing amenities.

Real Estate and…

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Edmonton Community Spotlight: Marquis in Northeast Edmonton

Nestled by the serene North Saskatchewan River, Marquis in Northeast Edmonton is a picturesque community combining natural beauty with modern living. Just minutes from the Anthony Henday, Marquis offers tranquility and easy city access. The community features a variety of homes, including single-family homes with front-attached garages for privacy, stylish rear lane homes for a communal feel, and innovative townhouses designed for modern convenience. If you're looking for a connected community with all city amenities, Marquis could be your ideal neighbourhood.

Did you know? Marquis’s strategic location near the North Saskatchewan River not only enhances proximity to natural settings but also encourages a lifestyle of outdoor living and river valley…

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Edmonton Community Spotlight: McConachie in Northeast Edmonton

Tucked away in the Pilot Sound district of Northeast Edmonton, the development of McConachie development began in the mid-2000s. Offering contemporary new homes near schools, shopping centres, recreational facilities, parks, and easily accessible commuter roads, McConachie is the perfect option for potential homebuyers seeking convenience and a modern new home. If you’re looking for a vibrant and well-connected neighbourhood that caters to your every need, McConachie may be the perfect choice. Experience a heightened quality of life in this fantastic new neighbourhood!

Did you know? McConachie’s name pays tribute to George William Grant McConachie (1909-1965), a notable early bush pilot credited with launching airmail and passenger service…

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Exciting News for First-Time Home Buyers: 30-Year Amortization and Increased RRSP Withdrawal Limits

Are you a first-time home buyer dreaming of stepping into your own home? The Canadian government has just rolled out two major updates that could transform your home-buying journey: extended amortization periods for newly built homes and significantly higher RRSP withdrawal limits. These changes aim to make homeownership more attainable and affordable for Canadians starting August 1. Let’s dive into what these updates mean for you and how they can help you secure your dream home.

What's in this Blog?

In this detailed guide, we'll explore:

• The benefits of the new 30-year amortization periods for insured mortgages.
• How the increased RRSP withdrawal limits can boost your home-buying budget.
• Insights from officials on how these…

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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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