The Edmonton Real Estate Blog

Condo Prices Continue to Climb in October in Edmonton

Single family home sales in October were well ahead of last October in Edmonton. There were 842 sales of single family homes in October, up 11% from last October. Perhaps we will see a stronger than normal end to 2014.       Condo sales were slightly lower than last October in Edmonton, there were […]

Four Legal Forms Every Landlord Needs

With Edmonton having the lowest tax rate in Canada and a steady increase in wages, it is no wonder investors are looking toward Edmonton’s lucrative real estate market. Unfortunately being a landlord is not as easy as one may think. Many actions have to be followed in accordance to the Residential Tenancies Act. Failure to […]

Weekly Real Estate Market Update, Oct. 10/14

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 368 (390, 373, 447) # Sales: 258 (259, 321, 349) Ratio: 70% (66%, 86%, 78%) # Price Changes: 232 (233, 247, 248) # Expired/Off Market Listings: 161 (374, 151, 162) Net loss/gain […]

Metro Edmonton Real Estate Market Anything but Mediocre

There is quite a debate underway about our national housing situation. While some economists call the market “mediocre at best” in most cities other than Toronto, Vancouver and Calgary, Edmonton seems to be flying under their radar (as it often does). Meanwhile Federal Finance Minister Joe Oliver is down playing fears of a housing bubble in Canada, […]

Luxury Home Sales up 33% in Edmonton

Real Estate sales in Edmonton continued to follow the expected seasonal trend in August, once again at higher levels than we’ve seen for a number of years. With the census data for Edmonton released last week, it’s no surprise sales are ahead of previous years, as the population of Edmonton grew by 60,000 people in […]

6 Things You’ll Learn During Your Home Evaluation That Might Shock You

A home evaluation is often the first step towards putting your home on the market. However, this is also a step that is commonly put off for fear of getting bad news. A home evaluation is an integral part to the home selling process, and one that you can only procrastinate for so long. To […]

Five Ways Selling a Condo in Edmonton is Different from Selling a House

When it comes to the Edmonton real estate market, there are plenty of things to know, especially since it is constantly changing. The market for single family homes is always slightly different than the condo market, which keeps buyers and sellers constantly on their toes. If you have experience selling a detached house in Edmonton, […]

Record Number of Single Family Home Sales in Edmonton in June

As we expected, the market peaked in June this year; a new record was set in June for single family home sales in Edmonton. Thankfully the market in June was nothing like the market when the previous record was set (back in May of 2006) when you expected multiple offers on every home, and were […]

Beware of Condo Insurance Charge Backs; Protect Yourself

Nothing beats kicking up your heels onto your coffee table and having a cold drink after a long day in your own condo while you enjoy the scenic view. I mean, you’ve done your due diligence right? You had the place inspected professionally, had your condo documents reviewed by professionals, your lender had no issues […]

Quality Windows can Save you Money and add to the Enjoyment of your Home

One highly important aspect of a home that is often overlooked by home buyers is the windows. It is so easy to get distracted by things like granite counter tops, hardwood floors, stainless steel appliances, and paint colours, that buyers forget to look at the quality of windows in a home. Having quality windows can […]

Average Prices Reach All Time High in Greater Edmonton in May

It’s not just the Edmonton real estate market that’s hot, the whole region is in the midst of a growth spurt. According to a report released by the REALTORS® Association of Edmonton today, the areas surrounding Edmonton account for a large portion of the increase in sales overall.  “The most active regions are St. Albert and […]

Real Estate Market Red Hot in Edmonton in May

The real estate market was hot in Edmonton in May. Buyers (and their agents) had to move quickly if they were interested in a property, and many had to write offers on 3, 4 or more homes before getting one accepted. We noticed a lot of properties that had been sitting on the market for […]

The Pros of Renovating Your Loft Before You Sell in the Edmonton Market

Lofts in Edmonton are some of the most sought-after and unique pieces of property,and have the tendency – when marketed professionally – to sell rather quickly. If you’re the owner of a loft in Edmonton, and are preparing to sell your space, you might start thinking about a common question: Is it worth it to […]

Average Sale Price Reaches Record High in Greater Edmonton Area in April

It’s taken a long time for prices to rebound from the peak we saw in 2007, and unlike Calgary and Vancouver where prices have dramatically risen and fallen, we’ve seen a slow and steady rise over the past few years. A record number of people relocated to Alberta in 2013, and real estate sales in […]

4 Steps for a Successful Move Out Clean

The following is a guest post submitted by Scrubbi Home Cleaning Services.  As a house cleaning service we’ve done hundreds of Move Out cleans and have seen all kinds of mistakes that others have made before you. To help you avoid those same mistakes and make sure your Move Out clean stays a stress reducing […]

Sellers Market Grabs Hold in Edmonton

Market-o-meter I was looking at the market stats today, and I noticed things seem to have slowed down a bit. We’re almost half way through the month and sales of single family homes and condos are both less than half of the totals we reached for last month; we typically see increasing sales month over […]

How to Avoid a Flood in Edmonton

It’s that time of year again, when basements flood. What can you do to avoid an unplanned basement renovation? The first steps are quite simple, and everyone should take these steps to protect themselves each spring in Edmonton: 1. Make sure your sump pump is working, is free from blockages, and its hoses are not […]

Sales Surge in Energetic Edmonton Real Estate Market

  Market Snapshot March Real Estate sales in the Greater Edmonton area were up 9.8% from last March. 1647* residential listings sold in the Greater Edmonton Area in March – the most sales we’ve seen in March in at least 7 years. Residential Sales The average residential sale price was up 2% from last March at […]

It worked for me

In 1992, I had plenty of advice when I bought my first property. Especially prominent in that advice was my father (also my broker at the time), who was not too particular about me buying a condo for my first property. The sage advice he gave me was that resale was better on single family homes, and […]

Top 5 Things to Ignore When Looking for a Home

We stage our listings, because it works. When we’re listing a property it often takes a few weeks from our original meeting with the home owner, for the listing to go online. This is because our stager needs to view the home and make recommendations, the work has to be done, the photos and video […]