Discover the most up-to-date news and insights on the Edmonton & Area Real Estate market. With comprehensive market updates, valuable information on mortgages, and more, you can trust that you will be well-informed. Stay ahead of the curve by staying connected with us.

What Do You Need To Purchase A Home in Alberta?

When thinking of purchasing a home in Alberta, it's more than just picking up a property you like, signing a few documents and moving in. The process involves careful planning, saving and making calculated decisions. Here is a comprehensive step-by-step guide that outlines all the necessities you will need when buying a home in Alberta.

1. Down Payment:

The first crucial item that you need to afford is the down payment. The amount varies based on the purchase price of the home. If the cost of your dream home is less than $500,000, you're required to make a minimum down payment of 5%. For homes priced between $500,000 and $1 million, the down payment is 5% for the first $500,000 and 10% for any…

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Discover Griesbach: A Hidden Gem in Edmonton, Alberta

Nestled in the northern part of Edmonton, Griesbach is more than just a community—it's a town within a city, a place that evokes a sense of nostalgia with its '40s-style architecture while exuding modern charm. With its inviting front porches and meticulously designed rear-lane garages, Griesbach offers a warm, friendly, and welcoming atmosphere where neighbors are more than just faces—they become friends.

Key Attractions and Landmarks in Griesbach

A Neighborhood Like No Other

Griesbach is centrally located, just 20 minutes north of downtown Edmonton, bordered by 97 Street to the east, Castle Downs Road to the west, 137th Avenue to the south, and 153rd Avenue to the north. This well-planned…

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Renting vs. Buying

In the grand scheme of life's biggest financial decisions, the choice between renting or buying a home ranks pretty high. Both options come with their own set of advantages and disadvantages, and the decision ultimately depends on your personal and financial circumstances. We aim to delve into the ins and outs of renting and buying in Edmonton Real Estate, and provide steps to assist you in determining which is best for you.

Firstly, let's look at the benefits and drawbacks of both options.

On the positive side, renting a home is often cheaper than owning one. It provides flexibility, which can be beneficial if your job or lifestyle requires you to move frequently. Renters are usually not responsible for maintenance or repairs,…

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Navigating the Closing Process in Edmonton's Real Estate Market

The closing process in Edmonton's real estate marks the finale of the property purchase adventure - a day filled with excitement and a bit of paperwork, resulting in the official changing of hands from seller to buyer. In Edmonton, understanding this process is crucial for both buyers and sellers to ensure a smooth transition and to safeguard their interests. This guide will walk you through the key stages of closing in Edmonton, making sure you know what to expect on this significant day.

What Happens on Closing Day?

Closing day is the culmination point where the transaction is finalized. Funds are transferred from the buyer’s to the seller's lawyer, after which the seller receives…

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The Quick Guide to Pre-Sale Home Prep: Do's and Don'ts

Preparing your home for sale is much like setting the stage for a grand performance. Every detail contributes to the overall perception and value of the property. Drawing on expert insights, here’s a comprehensive guide to the essential do's and don'ts of presale prep, ensuring your listing shines in the spotlight.

The Do's of Pre-Sale Prep

1. Start with Curb Appeal

The first impression is everything. Enhance the exterior to welcome potential buyers with open arms. A few changes can make a significant difference - from updating landscaping and cleaning driveways to adding a fresh coat of paint to the front door. Seasonal touches, like potted evergreen plants in winter or hardy blooms in…

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Navigating the Booming Real Estate Market in Edmonton [April 2024 Update]

In recent months, the Edmonton real estate market has been a beacon of activity and growth, reflecting dynamic shifts and trends that have caught the attention of homebuyers, investors, and sellers alike. April 2024, in particular, has showcased significant movements that highlight the robust nature of this market. Here’s what you need to know to successfully navigate these changes.

Surge in Sales and Listings

April witnessed a remarkable escalation in activity within the Greater Edmonton Area (GEA), marking a period of enthusiastic buying and selling. Residential unit sales skyrocketed to 3,128—up 27.1% from March 2024 and an impressive 54.9% when compared to April the…

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Unveiling Southwest Edmonton: Homes, Lifestyle, and More

Southwest Edmonton stands out as a jewel in the crown of Alberta's capital city, particularly for potential homebuyers looking to nestle in a harmonious blend of nature and urban convenience. With home prices reaching record highs, the importance of making an informed decision has never been greater. This blog post will give you the rundown on why Southwest Edmonton should be at the top of your list when searching for a new home.

Discover the Charms of Southwest Edmonton

The flourishing community of Southwest Edmonton offers a lifestyle that's both peaceful and exciting—perfect for families, young professionals, and everyone in between. Among its many attractions, we have the vast expanse…

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What if I Haven't Found a New House, but my House has Sold?

In the whirlwind of real estate, it's not uncommon to find yourself in a unique predicament: your current home has sold, but you've yet to secure a new abode. It's a scenario that can evoke a mix of excitement and anxiety. As the countdown to moving day ticks away, questions swirl: Where will I go? Will I find the perfect place in time? Fear not, for in this article, we'll explore strategies and tips to navigate this transitional phase with confidence and ease.

Understanding Your Timeline

Before diving into the logistics of finding temporary housing, it's crucial to grasp the timeline of your home sale and potential move. Assess when your current home is scheduled to close and when…

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How A Real Estate Agent Can Help You With Your Edmonton Home Search, And Reduce Your Stress

Embarking on the quest for your dream home in Edmonton can be both thrilling and daunting. When searching for a home in the Edmonton real estate market, having a seasoned professional can make all the difference. In this guide, we will look into the pivotal role a Realtor® can play in your journey to find the perfect home. From their extensive market knowledge to their invaluable support, discover how a Realtor® can streamline the process and enhance your chances of securing the ideal property amidst the array of houses for sale in Edmonton.

The Expertise of Realtors® in Edmonton

Navigating the intricate landscape of Edmonton's real estate market demands…

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20 Ways to Save for a Down Payment to Buy a Home in Alberta

Introduction:

Saving for a down payment can be a significant challenge for many prospective homebuyers. Whether you're a first-time buyer or looking to upgrade to a larger home, having a substantial down payment is crucial. In Alberta, there are various strategies you can employ to help you save effectively. This article presents 20 ways to save for a down payment, empowering you to achieve your dream of homeownership in Alberta.

  1. Set a Savings Goal: Determine the amount you need for your down payment and set a realistic savings target. This will help you stay motivated and focused on your goal.

  2. Create a Budget: Analyze your monthly income and expenses to identify areas…

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