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.

Welcome to Windermere | Southwest Edmonton

Nestled in the southwest corner of Edmonton, Windermere is a community that effortlessly blends modern living with natural beauty. Not long ago, this area was primarily farmland. Today, it stands as one of Edmonton's most sought-after neighborhoods. With its rapid growth, exceptional amenities, and vibrant community spirit, Windermere captures the hearts of real estate enthusiasts and home buyers alike. In this blog post, we’ll take you on a tour of Windermere, exploring its real estate market, lifestyle, local businesses, resident testimonials, and future developments.

A Brief History of Windermere

Windermere’s transformation from rural farmland to a bustling urban community is nothing short of…

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Invest In Edmonton's Real Estate Market

Real estate, the cornerstone investment in any diverse portfolio, offers many benefits such as cash flow, building equity, and value appreciation. For those looking to invest in a rising property market, there's untapped potential to be found in the charming city of Edmonton, Alberta. Nestled in the heart of the province, Edmonton offers an array of exciting opportunities for investors, making it an enticing locale to explore.

Edmonton's real estate market holds great potential for investment, and the reason is three-pronged - affordability, a thriving rental market, and the high quality of life. Affordable housing in Edmonton has greatly contributed to a significant boom in housing investments across the…

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The Latest Real Estate Statistics

May 2024

In the month of May 2024, the housing market in Greater Edmonton Area (GEA) showed promising growth, with total residential unit sales reaching 3,220. This is an increase of 3.3% from April of 2024 and 18.9% higher than May of the previous year.

As for new listings, there were 4,325, a 13.4% increase from April 2024, and 12.6% higher than May 2023. Furthermore, inventory also increased by 6.9% compared to the previous month, but it is still 17.1% lower than May of 2023.

Residential Prices

Residential average prices were $441,350 in May 2024, indicating a 2.2% increase from April 2024, and a 5.0% increase from May 2023. Detached homes averaged at $546,390, marking a 3.0% increase from April 2024…

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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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