Boost Your Property’s Value By at Least 5% With These Simple Tips Featured Image

Of course, you want to get the best return on your investment when it comes time put your property on the market. That’s why it’s crucial to make calculated, easy renovations before selling your home if you hope to attract the best buyers and obtain the best sale price possible. In this post, we will explore seven practical tips that can significantly enhance your home’s buyer appeal, while boosting your property’s value by at least 5%.

Enhance Curb Appeal

First impressions matter, especially when it comes to selling your Edmonton home. Investing a little time and effort into enhancing your home’s exterior can go a long way when it comes to increasing its overall worth. Here are a few easy ways to improve your home’s value by improving curb…

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Edmonton Ranked the Most Affordable Major City in Canada Featured Image

City of Champions, Winter City, Festival City and Oil Capital of Canada are just a few of many distinctions Edmonton has picked up over the years. Recently, Alberta’s capital has earned another title: the most affordable major city in Canada. 

A recent study has revealed despite any ups and downs, the Edmonton real estate market is better than it’s been in years. In reviewing numbers from 2007 (before the real estate crash of the following year), experts have determined homes are only slightly more expensive now (2022) than they were then - with average prices compared at $361,000 and $350,000 respectively.

Though interest rates are also slightly higher than they were in 2007 (in the 6% range), average annual household incomes have leapt from…

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 Edmonton Real Estate Market Predictions For 2023 Featured Image

Often referred to as Canada’s Festival City, Edmonton is celebrated for its vibrant arts and culture scene, incredible choice of neighbourhoods and excellent infrastructure. It’s also rated one of the top cities in Canada for employment rates, affordable housing and overall positive quality of life. 

What can we expect from Edmonton’s thriving real estate market in 2023?

Here’s what you need to know. 

Climbing Interest Rates Expected to Stabilize 

When it comes to mortgage interest rates for 2023, economists are on the fence.Though the Bank of Canada (BOC) increased its rate seven times last year (including an entire percentage point in July), some experts are hopeful current rates are here to stay. Other economists predict a continuing…

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Ranked #86 of the best 100 cities in the world, Edmonton is celebrated for its fantastic choice of neighbourhoods, excellent infrastructure, high employment rates and overall positive quality of life. In addition, the Edmonton real estate market recorded massive year-over-year gains in 2021, with buyers eager to take advantage of ultra-low interest rates and steady home prices.

What can we expect from Edmonton’s thriving real estate market in 2022?

Here’s what you need to know.

Interest Rates Will Remain Low (For Now) 

2019 and 2020 saw Edmonton’s lowest mortgage interest rates in decades. While the Bank of Canada’s current policy rate is predicted to remain at a steady 0.25%, rates are expected to increase by 0.75% by the end of…

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Historically, the Canadian real estate market has always been considered safe in terms of minimal investment risk and maximum long-term yields. However, some markets tend to be “safer” (i.e. more profitable) than others when it comes to increasing net worth, generating steady cash flow, building equity and hedging against inflation.

As one of the fastest-growing cities in Canada, Edmonton remains one of the country’s leading markets in terms of investment and development prospects. According to recent reports, Edmonton has also been ranked one of the top three most affordable cities across the nation, allowing it to remain an enticing destination for both home buyers and investors alike.

But that’s just the start.

Here are the top reasons…

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Are you in search of homes for sale or other real estate opportunities in Northeast Edmonton? Here’s what you need to know.

About Northeast Edmonton 

Northeast Edmonton is defined by 97th Street to the west, Edmonton city limits to the north and east and Yellowhead Trail to the south. A handful of neighbourhoods south of Yellowhead Trail and north of the North Saskatchewan River are also part of greater Northeast Edmonton.

Many of Northeast Edmonton’s more mature neighbourhoods, such as those closest to the North Saskatchewan River Valley, started as separate towns or villages before amalgamating with the Greater City of Edmonton. For instance, what we now know to be the Beverly area, was once the Town of Beverly, (whose sign still marks the…

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Southeast Edmonton is known for its fantastic combination of unique communities (both established and new), accessible amenities and diverse array of home styles. If you’re considering calling Southeast Edmonton home, here are five ultra-affordable neighbourhoods to consider.

Larkspur 

Average Listing Price: $277,000

Minimum Listing Price: $135,000

Maximum Listing Price: $525,000

Located in Southeast Edmonton’s Meadows area, the community of Larkspur is bounded by 24th Street to the west, Whitemud Drive to the north, 17th Street to the east and 38th Ave to the south. A relatively new community situated just east of Mill Woods, development of Larkspur began in the late 1980s and continued well into the mid-2000s.

Larkspur consists…

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Despite any uncertainties over the last 12 months, Edmonton’s real estate market continues to thrive with more activity than the month of January has seen in over a decade.

According to new numbers released by the REALTORS® Association of Edmonton (RAE), the city’s total residential sales for January 2021 were up 5.9% from December and 47.1% from January 2020. New residential listings also saw a healthy boost, with a year-over-year increase of 8% and a month-over-month climb of 87.9%. Although overall inventory in the capital region decreased by 17% from last year, the number of available homes on the market saw a 5% boost from December of 2020.

Edmonton Condominium Sales Up 44% 

Edmonton condo sales, in particular, saw record numbers in…

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Good news, Edmonton! The Edmonton real estate market will continue to benefit from high-demand, low-interest rates and steady home prices in the year ahead.

Edmonton’s Real Estate Market to Remain Balanced

According to experts, Edmonton’s real estate market will remain balanced throughout 2021. Despite market uncertainty in 2020 due to the COVID 19 pandemic, average home prices increased 1% from $361,152 in 2019 to $364,820 (2020). Our outlook for 2021 sees yet another (minor) increase of 2% in average sale prices to $372,116, a key indicator home buyer demand in our city continues to remain strong.

Who’s Buying Real Estate in Edmonton

Move-Up Buyers – Move-up buyers are currently the driving force behind home buyer demand in Edmonton, a…

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Recent numbers released by the REALTORS® Association of Edmonton have revealed that Edmonton’s housing market is nothing short of thriving. In fact, despite early market uncertainties as a result of the recent pandemic, the capital region has experienced “record-shattering” home sales over the last several months.

Healthy Market Increases

In September alone, sales were up a whopping 35.55% from September 2019. While there was slightly less inventory available (down 15.15% from last year), the number of new residential listings on market is up both year over year and month over month (10.73% from 2019 and 5.90% from August 2020).

An Uptick in Single-Family Home and Condo Sales 

September also saw single-family home sales up nearly 50% from…

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