June 16, 2022

Currently there are 7,990 residential properties and 1,942 rural properties on the market through the Edmonton MLS REALTORS® association.

In the last 30 days, there have been 1370 new listings and 1197 price reductions.

In the last 7 days, 443 of these homes have come on the market, 343 have had price adjustments and there have been 295 sold properties. Remax Elite sold 159 of these homes. 

This month, so far there have been 165 rural properties sold and 1,289 residential homes sold. 834 of these properties are located in Edmonton. 74 in Sherwood Park and 72 in St Albert.

If you  currently have your home on the market and would like to know how to find a buyer for your home - read our "Top reasons why your home is not getting showings" blog.

Have questions? Feel free to contact us anytime or recieve a FREE HOME EVALUATIONS and learn what your home would sell for in a reasonable time period in our current real estate market

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Learn the Top Reasons Your House Isn’t Getting Showings and How to Attract Buyers

Selling your home in today's real estate market can be a stressful time for many homeowners, especially with the quickly increasing cost of living and the nerveousness of buyers making such a large finacial purchase.

Consult with your real estate agent to come up with a plan to target those buyers who best fit your home style. Many REALTORS® in Edmonton who sell houses are social butterflies and will run ads for your property targeting those buyers.

Adjust your price. Even the slightest change of $1 reduction can restimulate buyers who are in a position to buy today on our auto-prospecting system.

Change your photos. If your grass in the front has an old photo from the previous season, change it. We don't want your home to look like it has been on the market for a while.

Change the dialogue. Rewrite your property specific details to capture the lifestyle. Make the buyers want to come visit an inviting, welcoming home- not just another generic house. Make it special.

Once you recieve an offer - DON'T DISGUARD IT because it is not the price you wanted! Work with your REALTOR® to negotiate the best possible outcome. After all, the buyers chose to write an offer on your home and not the one down the street. They have an invested interest and have given you the oppurtunity to sell your home.

FInd those buyers who are relocating to Edmonton. Many people are now leaving other provinces and coming to Alberta because of the cost of living. Contact an Edmonton relocation REALTOR® and find out how we attract those home buyers.

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First Quarter Market Report for 2022 - Edmonton House Prices

Single detached homes increased in February by 3.2% from a year earlier to 422 units. This was the best February performance for Edmonton’s single-family homebuilders since 2015.


There were 817 completed new built and unoccupied stand alone and semi-detached houses, down from 878 units a month prior. The average price for single-detached house absorbed in Metro Edmonton increased in February by 4.3% year-over-year to $561,753.


In the first quarter of 2022, there were a total of 5074 properties sold in Edmonton including 3640 houses & duplexes and 1434 condominums. With the low interest rates and buyers wanting to get into the real estate market before the rates increase, we had a surplus of multiple offers in the first part of 2022, making this quater a sellers market which led to the increased Edmonton house prices!


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Living in South Edmonton Homes

South Edmonton homes for sale are situated in central southwest Edmonton and conveniently located within close proximity of shopping malls, ravines and the LRT.


Aspen Gardens is located near the Kaskitayo Ravine nestled away from major roads, surrounded by the beauty of the Whitemud Creek Ravine, and was constructed in the late sixties and early seventies. Many of these great Aspen Gardens dwellings are luxury houses that overlook the ravine with fantastic views year-round and were originally designed to appeal to individuals and families in search of a quiet, affluent community in south Edmonton.


Duggan is south of 40 Avenue and east of 111 Street and features an established community league, playgrounds, a hockey rink, school, along with large park spaces known for annual soccer tournaments. Duggan real estate listings are primarily bungalows with double oversized garages and back alley access. This is a very popluar place to purchase south Edmonton homes for sale.


Also referred to as Petrolia, Greenfield is a mature south Edmonton neighborhood near Greenfield that features good-sized bungalows and luxury houses situated on larger than average lots. Greenfield has one of the best children's playgrounds south of the river with a spray pad, unique climbing walls, and newer equipment making it a great place to purchase real estate for families.


Rideau Park is quietly surrounded by several amenities allowing residents to easily commute without having to drive. Several Rideau Park houses were constructed during Edmonton's real estate boom in the seventies and consist of smaller stand-alone houses and apartment-style condominiums.


Royal Gardens is bounded by Whitemud Drive, 111 Street, 40 Avenue, and 119 Street. Adjacent communities include Aspen Gardens, Greenfield, and Rideau Park. Almost half of Royal Gardens are condominiums providing first-time buyers with a choice of apartment-style condominiums, duplexes, triplexes, and townhouses.


Westbrook Estate is a small elite luxury community in south Edmonton near the Kaskitayo Ravine. It is nestled away from the city south of Aspen Gardens bounded by the beautiful Whitemud Creek ravine and lush greenery. Westbrook Estate was designed as a prestigious, affluent community with architecturally designed real estate sit on large lots surrounded by mother nature. Living in one of our most prominent communities also comes with a significant price tag. The majority of Westbrook Estate, south Edmonton homes for sale are well into the millions along Westbrook Drive and Marlborough Road

If you have any questions about southwest Edmonton real estate listings or other south Edmonton homes for sale or upcoming real estate listings, feel free to reach out to us, anytime at 780-910-5179.

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Living in Riverbend Edmonton Homes

Riverbend is situated on a high elevation in southwest Edmonton. It is south of Whitemud Drive and west of Whitemud Creek Ravine South and bisected by Terwillegar Drive, Riverbend Road, and Rabbit Hill. It has always been one of the most sought-after communities. Living here gives residents easy access to the river valley and ample walk trails which connect to Aspen Gardens, Westbrook, and Fort Footbridge which crosses to the west side of the city in Wolf Willow. Riverbend is near John Janzen Nature Centre, Grandview outdoor gym, Snow Valley Ski Club, plus Rainbow Campground.


Brander Gardens is located west of Brookside, south of the luxury community of Westridge, bisected by Riverbend Road, and bounded by Fort Edmonton Park offering residents access to river valley park trails where you will find beautiful multi-million dollar houses.


Brookside is west of Brander Gardens and Ramsay Heights, south of Fox Drive, bounded by Whitemud Drive. This part of Riverbend offers occupants ravine walking trails in nearby natural woodland habitats, recreational facilities at Rainbow Valley Campground, skiing at Snow Valley with quick access to the University of Alberta.


Bulyea Heights is highly sought after with Riverbend homes for sale featuring move-up and luxury houses built near the turn of the century prior to the cities last real estate boom. The majority of these houses feature perfect residential locations backing onto a ravine, walking trails, or situated in a cul-de-sac. There are three bungalow condo complexes in this community with attached garages along Oeming Road, and Butterworth Way, that are popular with an active retirement generation.


Carter Crest is a smaller community in real estate zone 14 which forms part of the Riverbend district in southwest Edmonton. It is situated west of Falconer Heights and south of Bulyea Heights. Property owners in Carter Crest enjoy quick access to the new Terwillegar Community Recreation Center and Robert Carter Park.


Falconer Heights is west of Henderson Estates, south of Rhatigan Ridge, bounded by Terwillegar Drive. Most Falconer Heights houses are located in cul-de-sacs and back onto neighboring properties. There is a large number of seniors living in this community who enjoy the street design security and the nearby amenities in Riverbend Square.


Henderson Estates is south of the off-leash Terwillegar dog park, bounded by the Saskatchewan River and Riverbend Road. Houses in Henderson Estates were constructed on smaller lots in the eighties and nineties featuring a residential real estate mix of mosaic townhouses with double attached garages, to executive style luxury properties offering larger sized lots along the river valley.


Ogilvie Ridge is the smallest community, west of Whitemud Creek Ravine, south of Bulyea Heights. These Riverbend homes are bounded by Rabbit Hill. Living in Ogilvie Ridge provides access to our beautiful river valley walking trails, natural woodland habitats, a tranquil naturalized park with water features, tennis courts, and plenty of green space in which many of the houses overlook. Most of Ogilvie Ridge luxury houses for sale will run along Osmand Drive.


Living in Ramsay Heights offers Riverbend property owners access to river valley walking trails, natural woodland habitats, and the popular off-leash Terwillegar dog park. Real Estate in Ramsay Heights caught the attention of the city when on October 23, 1999, a landslide on Whitemud Road destroyed three houses. Today, approximately 30 houses remain at risk for another slope failure. Despite the risk, many of these Ramsay Heights houses still fetch significant-high real estate prices.


Rhatigan Ridge is west of Bulyea Heights, south of Ramsay Heights, bounded by Terwillegar Drive and Rabbit Hill Road. Most of these Riverbend homes for sale are executive-style and move-up properties that feature mature trees and landscaping. It was named for Thomas Rhatigan, an area farmer who was proclaimed "World Oat King" at Toronto's Royal Winter Fair.


If you have any questions about southwest Edmonton real estate listings & Riverbend homes for sale or upcoming real estate listings in Riverbend, feel free to reach out to us, anytime at 780-910-5179.

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Living in Terwillegar Edmonton Homes

Terwillegar Heights is situated south of Riverbend in southwest Edmonton. It is bordered by Anthony Henday, south of 23 Avenue and west of the Whitemud Creek Ravine There are three main attractions in Terwillegar - The large new family recreation center, the many playgrounds and green spaces for children to play, and thirdly, some of Edmonton's most beautiful and award-winning houses with contemporary design and superior craftsmanship.


Both Terwillegar Towne and South Terwillegar homes are in real estate 14 near Riverbend, west of the MacTaggart luxury neighboghood. Terwillegar Heights is a great place to live for young families and first-time buyers with newer affordable residential real estate constructed after 2005 and offers your children to explore plenty of green space, play parks, and community lakes. Single-family detached houses here range from smaller two-stories to upper-scale properties.


Magrath Heights houses are west of Twin Brooks, south of 23 Avenue, and bounded by Rabbit Hill Road. Similar to MacTaggart, Magrath Heights property owners enjoy easy access to the Whitemud Creek ravine with ample walking trails, open green space, and natural woodland habitats connecting to Kaskitayo. Residential real estate in Magrath Heights is newer dwellings constructed over the last few decades consisting of upper-scale condominiums, executive style duplexes, and luxury houses along May Common.


MacTaggart, west of the Kaskitayo district and south of the luxurious Magrath Heights community. Living in a highly sought-after MacTaggart home allows homeowners the enjoyment of easy access to nearby ravines with ample walking trails and natural woodland habitats. Houses for sale in MacTaggart are newer executive-style properties and upper-class apartment condominiums and a few townhouses. There are also a few luxury homes that run along McLuhan Bluff, Mullen & MacTaggart Crest, and recently built homes along May Common.


Leger is a small residential community best known for the Terwillegar Recreation Centre. Residents of Leger enjoy the close proximity to Lillian Osbourne, Mother Mary Catholic High School, and the newer Recreation Center. These southwest Edmonton homes are more affordable with several duplexes featuring attached garages.


Hodgson is a relatively new, smaller community, west of the Whitemud Creek Ravine, south of Ogilvie Ridge, and bounded by 23 Avenue and Rabbit Hill. Living in Hodgson Edmonton offers homeowners and residents access to river valley walking trails, natural woodland habitats, and nearby amenities.


Haddow is between Terwillegar Heights and Riverbend. The majority of these Terwillegar homes for sale were built after 2000, with some of the first real estate development occurring in the mid-1990s. The predominant property type is an executive style, move-up, and luxury houses. There are a few duplexes, townhouses, and bungalow-style condominiums in Haddow which are popular with retired couples.


If you have any questions on southwest Edmonton real estate listings & Terwillegar homes for sale or upcoming real estate listings near Terwillegar, feel free to reach out to us, anytime.

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Living in Windermere Edmonton Homes

Windermere is located in southwest Edmonton bordered by the Saskatchewan River valley, Anthony Henday, and Rabbit Hill Road. It is bisected by Ellerslie Road and 170 Street. Living in the Windermere area offers a luxury lifestyle from the specialty liquor stores to the concierge service at the Currents of Windermere. Other attractions include the Remax Elite office, River Ridge Golf & Country Club, and the amazing river valley views from the hidden country residential homes. And the nearby Jagare Ridge Golf Club.


Real estate in this part of the southwest Edmonton is most recognizable for the executive and luxury houses in Windermere Estates which can feature oxidized copper wall features, custom-designed sushi bars, Wenge from the Congo in Africa, and stunning sunsets views of the River Ridge Golf course. The average price of a single-family detached house in the Windermere area runs at $600,000 with several houses prices running into multi- millions.


Windermere is a highly sought-after community between Heritage Valley and Riverbend. This part of southwest Edmonton is best known for the gorgeous luxury houses in Windermere Estates which are a few minutes from the International airport. Custom builders include Coventry, Bedrock Limited, Qualico Developments, and Contemporary Home Builders.


Keswick is the newest part of Windermere. Currently, there are several Keswick new builds for sale to choose from such as duplexes built by Kimberley and Cameron as well as luxury duplex bungalows constructed by Acropolis Homes. Single-family housebuilders include Carriage Signature, Perry, and Vicky Properties.


Glenridding, or Glenridding Heights is bounded by Keswick and the new Riverview development to the west. These Windermere homes for sale are newer houses, recently been built with several homeowner perks such as granite counters and walkout basements. There are also several mosaic-style townhouses and duplexes with double attached garages.


Ambleside is situated between Glenridding and Terwillegar Heights bounded by Ellerslie Road and 170 Street. Its name originates from a town of the same name located in Cumbria, England. Ambleside properties are newer upper-scale houses featuring double attached garages and bonus rooms built after the turn of the century mixed with upper-scale duplexes. Residential real estate is a mix of single-family homes, duplexes, and condominium complexes. Price per square foot, house prices in Ambleside Edmonton are less expensive than its neighbors.


Uplands is a brand new Riverview community, south of Edgemont in the far west, southwest portion of our city near the country with Edmonton house prices from mid-range, move-up, and luxury houses. Feel free to book a private viewing or visit all of the builders in Uplands including Altius, Coventry, Pacesetter, Sterling, Jayman Built, Kimberley, and Augusta Fine Qualico.


Currently Mattamy Limited is the dominant Stillwater home builder. Mattamy Limited has named these homes after small towns throughout Alberta. Find your lot and start building your dream in Stillwater today.


Riverview is an elite community and these southwest Windermere homes for sale will range from duplex properties to luxury high-end finished houses.


Edgemont also in the Riverview-Windermere district, features Rohit, Brookfield, Parkwood Master Builder, Dolce Vita, Pacesetter, and Marcson Builders. There is a variety of brand-new Edgemont properties to choose from ranging from older country residential properties to newer two-story houses with soaring ceilings.


The River's Edge is a brand new up and comming southwest Edmonton community. Be sure to keep checking back for River's Edge new builds in 2021 and 2022.


If you have any questions about southwest Edmonton real estate listings & Windermere homes for sale or upcoming real estate listings in Windermere, feel free to reach out to us, anytime at 780-910-5179.

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Living in University Edmonton Homes

The University of Alberta is located in the central portion of southwest Edmonton. The University area is bordered by Groat Road near Royal Mayfair Golf Club, 72 Avenue, and Calgary Trail.


The University of Alberta area has always been one of the most sought-after communities. Living here gives residents easy access to one of our biggest resources at the Rutherford Library, the University of Alberta Hospital considered one of the nation's leading research and teaching hospitals. The campus also offers diverse recreation activities including the Universiade Pavilion, with a pool, climbing wall, sports courts, and fitness and lifestyle center.


These southwest Edmonton homes for sale vary in age, price, and location. House prices range from some of Edmonton's most expensive for beautiful executive houses and penthouse suites overlooking the river valley to more affordable walk-up apartment condominiums. Dwellings in the University are luxury properties and executive houses. Recently several of the older University homes for sale were purchased, torn down, and replaced with new modern houses. Residential real estate here is changing quickly, but still keeping its nostalgic feeling.


Belgravia is a luxury community located near the University of Alberta's main campus. It is named after the Belgravia area of 19th-century London. Several Belgravia houses along Saskatchewan Drive overlook the river valley. This is prime location real estate! Three out of four properties in Belgravia are occupied by the owners and were built prior to 1961.


Garneau is situated next to the University of Alberta, south of Waterdale Hill and Saskatchewan Drive. Real estate in Garneau offers a vast mix of properties from great commercial buildings for nearby amenities to a few war-time character houses and mature duplexes to new infills. Purchasing any University homes for sale and real estate in this part of southwest Edmonton is a great investment for both rental income and small businesses.


Grandview Heights real estate listings are located between Belgravia and Lansdowne, bounded by the University of Alberta and Fox Drive. These luxury houses are across from the prominent community of Glenora. Real estate in Grandview Heights is one of the city's most desirable and most expensive places to live.


Queen Alexandra is located near the desirable nightlife on Whyte Avenue, only a few minutes south of the University. Real estate in this part of southwest Edmonton is a mix of residential and commercial properties. Over the last few years, a large portion of Queen Alexandra's properties has been replaced with beautiful three-story luxury infill houses.


McKernan is near the University LRT. It is named for John McKernan, a prominent businessman in the City of Strathcona whose parents' farm was located there beginning in the late 1870s. McKernan homes offer a mixture of single-family dwellings and houses, several new duplexes, and infill housing.


Strathcona was originally the heart of our municipality near the University of Alberta. There is a mix of real estate in this community consisting of new infills, mature bungalows, and semi-bungalow houses, and high-rise condominiums. Homeowners are drawn here for various reasons including the Mill Creek district.


Windsor Park is a luxury community, located immediately to the west of the University of Alberta's north campus and overlooking the North Saskatchewan River and shares a short boundary with Belgravia. Almost every Windsor Park dwelling is classified as a luxury house. Even the older character properties fall into the luxury home price category.


If you have any questions about southwest Edmonton real estate listings & University homes for sale or upcoming real estate listings in University, feel free to reach out to us, anytime at 780-910-5179.

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RE/MAX Canada surveyed its network of brokers and agents for the 2021 Renovation Investment Report. Sixty-five per cent said kitchen upgrades, including cabinets, countertops and appliances, yield the highest ROI on the resale market, with 87 per cent of brokers naming the kitchen renovation as the top home improvement resonating with buyers in the Canadian real estate market.
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Living in an University Edmonton Home

The University of Alberta is located in the central portion of southwest Edmonton. The University area is bordered by Groat Road near Royal Mayfair Golf Club, 72 Avenue, and Calgary Trail.


The University of Alberta area has always been one of the most sought-after communities. Living here gives residents easy access to one of our biggest resources at the Rutherford Library, the University of Alberta Hospital considered one of the nation's leading research and teaching hospitals. The campus also offers diverse recreation activities including the Universiade Pavilion, with a pool, climbing wall, sports courts, and fitness and lifestyle center.


These southwest Edmonton homes for sale vary in age, price, and location. House prices range from some of Edmonton's most expensive for beautiful executive houses and penthouse suites overlooking the river valley to more affordable walk-up apartment condominiums. Dwellings in the University are luxury properties and executive houses. Recently several of the older University homes for sale were purchased, torn down, and replaced with new modern houses. Residential real estate here is changing quickly, but still keeping its nostalgic feeling.


Belgravia is a luxury community located near the University of Alberta's main campus. It is named after the Belgravia area of 19th-century London. Several Belgravia houses along Saskatchewan Drive overlook the river valley. This is prime location real estate! Three out of four properties in Belgravia are occupied by the owners and were built prior to 1961.


Garneau is situated next to the University of Alberta, south of Waterdale Hill and Saskatchewan Drive. Real estate in Garneau offers a vast mix of properties from great commercial buildings for nearby amenities to a few war-time character houses and mature duplexes to new infills. Purchasing any University homes for sale and real estate in this part of southwest Edmonton is a great investment for both rental income and small businesses.


Grandview Heights real estate listings are located between Belgravia and Lansdowne, bounded by the University of Alberta and Fox Drive. These luxury houses are across from the prominent community of Glenora. Real estate in Grandview Heights is one of the city's most desirable and most expensive places to live.


Queen Alexandra is located near the desirable nightlife on Whyte Avenue, only a few minutes south of the University. Real estate in this part of southwest Edmonton is a mix of residential and commercial properties. Over the last few years, a large portion of Queen Alexandra's properties has been replaced with beautiful three-story luxury infill houses.


McKernan is near the University LRT. It is named for John McKernan, a prominent businessman in the City of Strathcona whose parents' farm was located there beginning in the late 1870s. McKernan homes offer a mixture of single-family dwellings and houses, several new duplexes, and infill housing.


Strathcona was originally the heart of our municipality near the University of Alberta. There is a mix of real estate in this community consisting of new infills, mature bungalows, and semi-bungalow houses, and high-rise condominiums. Homeowners are drawn here for various reasons including the Mill Creek district.


Windsor Park is a luxury community, located immediately to the west of the University of Alberta's north campus and overlooking the North Saskatchewan River and shares a short boundary with Belgravia. Almost every Windsor Park dwelling is classified as a luxury house. Even the older character properties fall into the luxury home price category.


If you have any questions about southwest Edmonton real estate listings & University homes for sale or upcoming real estate listings in University, feel free to reach out to us, anytime at 780-910-5179.

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Living in Kaskitayo Edmonton Homes

Kaskitayo is a residential area in the southwest portion of the City of Edmonton in Alberta, Canada. Kaskitayo situated in south Edmonton is bordered by Calgary Trail, Whitemud Creek Ravine, Anthony Henday, and 34 Avenue. It is bisected by 111 Street and 23 Avenue.


The best part about living in Kaskitayo is the proximity to several ravine trails which connect to Riverbend and Terwillegar. It is a few minutes to South Edmonton Common and Big Bear Park. Ccommunities in this portion of southwest Edmonton include Bearspaw, Blue Quill, Blue Quill Estates, Ermineskin, Keheewin, Skyrattler, Steinhauer, Sweet Grass, and Twin Brooks which is isolated away from the

Kaskitayo homes for sale are built from the mid-1960s to the mid-1990s with an average asking price for a house at $475,000. They are a mix of upper-scale bungalows/ bilevels and two-story houses.


Twin Brooks is the newest community in this district and a popular place to live in southwest Edmonton nestled away from the busy streets. House prices in Twin Brooks are based largely on the proximity to the Whitemud and the Blackmud Creek ravines. There are a few duplexes and condominiums here and a great place to purchase kaskitayo homes for sale when begining your real estate journey.


Sweet Grass is a great Kaskitayo community to live in located south of 34 Avenue, the Derrick Golf and Winter Club. It is named for Cree Chief Sweet Grass, "who was one of the early west's first conservationists and instrumental in the protection of the Plains Bison.


Steinhauer is near the Southgate LRT and shopping center. Like most nearby Kaskitayo houses for sale, Steinhauer dwellings are constructed in the seventies and offer a mix of townhouses and stand-alone properties with almost a quarter of townhouses and row houses.


Skyrattler is across from the popular Twin Brooks community near the Kaskitayo Ravine. It is bounded by 111 Street, 23 Avenue, and the prominent Blackmud Creek Ravine. One of the most popular condo styles is the coach home for main floor living with a private entrance. Townhouses and low-rise apartments make the majority of residential housing in this portion of southwest Edmonton.


Keheewin is situated in the Kaskitayo district near Calgary Trail. It is sometimes called "Yellowbird" and the majority of houses were built in the 1980s with single-detached houses as the predominant type of dwelling.


Also referred to as Petrolia, Ermineskin properties feature good-sized bungalows and luxury houses situated on larger than average lots in this portion of Kaskitayo. It is named for Chief Ermineskin of Hobbema, some of the first residential houses in the area were built in the 1960s with more development to follow in 1970.


Blue Quill Estates is a luxury community surrounded by the Kaskitayo Ravine, nestled between Whitemud Creek Ravine South off of 119 Street and 23 Avenue, across from the luxury community of Magrath Heights. Blue Quill Estates' properties were originally constructed for an elite buyer and still attract the same demographics today.


Bearspaw is highly sought with many of these Kaskitayo homes for sale overlooking the Blackmud Creek making this an ideal place to purchase a beautiful property. Bearspaw house prices are a bit higher price per square foot than the average Edmonton house due to the proximity of its amenities.


If you have any questions about southwest Edmonton real estate listings & Kaskitayo homes for sale or upcoming real estate listings in Kaskitayo, feel free to reach out to us, anytime at 780-910-5179.

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Properties in Edmonton showing "Pending"

What does pending mean?

There recently was changes to Realtor.ca when a seller accept an offer. A pending property means that the seller has accepted a conditional offer. This does not mean it is sold. It is subject to conditions, usually finacning and inspection.


Can I still see a pending property?

Yes and no. This depends on the seller. The Seller makes the desicion whether or not they still want thier property shown. Personally, if I was selling my house, I would encourage showings during the pernding time frame due to the fact, that a large number of pending properties fall apart due to varies reasons.

Can I still to write an offer on the pending property? 

Yes. You can still write offers on pending properties. If the seller accepts your offer in the province of Alberta is goes into second place and awaits the time frame pending status of the first offer. Your accepted offer to purchase is known as a "back-up" offer.


If you would like to write a back up or have other questions reguarding pending offers, contact us anytime!

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Living in Rutherford Edmonton Homes

Rutherford homes for sale are located in the central portion of southwest Edmonton, north and south of Ellerslie Road, west of Gateway Boulevard and 170 Street. There are several attractions in this part of southwest Edmonton including Jagare Ridge Golf Club, the Glenridding Ravine, Chappelle Gardens, and the Full House Lottery Dream Homes. It is also minutes from the international airport.


Homes for sale in the Rutherford district, southwest Edmonton are newer properties and many are still under construction. Builders include Daytona, Flourish, Brookfield Residential, Sterling, Bedrock, Silver Point, and Blackmud Communities Inc. The average price for a single-family house is just under $500,000.


Callaghan is a newer real estate development, south of the sought-after community. Detached houses consist of a more elite premier and luxury style of Callaghan residential real estate. There are several mosaic townhouses in Callaghan with double attached garages and open concept floor plans steps away from all major amenities.


Rutherford homes for sale are surrounded by an extensive pedestrian walking trail and green spaces. These great properties are a mix of large duplexes, newer two-story houses, and newer low-rise condos. The majority of residential real estate in Rutherford are single-family dwellings and duplexes.


Richford is a wealthy diverse community bounded by Ellerslie Road and 111 Street in the south between Blackburne and Blackmud Creek. Real Estate construction in this part of our city began after the turn of the twentieth century and features move-up and luxury houses.


MacEwan situated near Rutherford is a large community between Richford and Graydon Hill. MacEwan consists of newer, affordable properties and features several first-time buyer houses and bungalow-style duplexes with attached garages.


Blackmud Creek features a range of residential real estate from duplex properties to luxury houses, constructed after the turn of the century. The majority of these are newer, middle to upper-scale detached dwellings. Duplexes account for only seven percent of the properties. One of the best things about living in Blackmud Creek is convenient access to the walking trails and community ravine along Blackmore Way, Bowman, and Bowness Wynd SW.


Blackburne is beside Kaskitayo in southwest Edmonton near Rutherford, bounded by Ellerslie Road and 111 Street. Most Blackburne houses were built prior to our last real estate boom and offer front attached garages. Similar to Blackmud Creek, many Blackburne homes back onto one of the cities most popular ravines and feature private backyard settings.


If you have any questions on southwest Edmonton real estate listings & Rutherford homes for sale or upcoming real estate listings in Rutherford, feel free to reach out to us, anytime at 780-910-5179.

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Living in Heritage Valley Homes

Heritage Valley homes for sale are located in the central portion of southwest Edmonton, south of Ellerslie Road between Gateway Boulevard and 170 Street. The Heritage Valley encompasses a large portion of the south and offer several attractions including Jagare Ridge Golf Club, the Glenridding Ravine, Chappelle Gardens, and the Full House Lottery Dream Homes. It is also minutes from the international airport.


The majority of homes for sale in Heritage Valley are newer properties and many are still under construction. Builders include Daytona, Flourish, Brookfield Residential, Sterling, Bedrock, Silver Point, and Blackmud Communities Inc. The average price for a single-family house is just under $500,000.


Paisley is a new residential district near the luxury community of Hays Ridge. These Heritage Valley homes for sale are very affordable and range from move-up middle-class houses to several choices of townhouse-style condominiums and duplexes.


The majority of Hays Ridge features luxury houses near the Jagare Ridge Golf Club. Real estate in this part of our city ranges in the style and year constructed, but almost every house backs onto or faces a green space.


Desrochers is located in far southwest Heritage Valley between Allard and Chappelle, also known as Creekwood. Desrocher features several four-plexes and many styles of duplexes. Some of these new duplexes are extremely large with a smaller price tag than a detached house, making it an ideal choice for new buyers.


Chappelle, also known as "Creekwood Edmonton" is a newer residential community, south of the popular Jagare Ridge Golf Course. Chappelle offers newer properties constructed during and after our last real estate boom, creating a surplus of dwellings to choose from.


Cavanagh is south of the beautiful Blackmud Creek ravine, bounded by 30 Avenue SW and James Mowatt Trail. House prices in this part of the Heritage Valley vary and are based more on the quality of the builder as opposed to the square footage of these homes.


Bordered by Callaghan and James Mowatt Trail, south of Ellerslie, Allard features newer duplexes and new builds ranging from upper-scale and luxury houses to apartment-style condominiums.


Graydon Hill is a popular residential community in the Heritage Valley. The majority of Graydon Hill residential real estate are two-story houses featuring attached and detached garages built within the last few years. The architectural guidelines for this community use natural elements such as stone, wood, and timber details to achieve a uniquely alpine look throughout this part of our city.


If you have any questions about other southwest Edmonton real estate listings & Heritage Valley homes for sale or upcoming real estate listings in Heritage Valley, feel free to reach out to us, anytime at 780-910-5179.

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Fourth Quarter Market Report for 2021 - Edmonton House Prices

New home builders in the month of November had one of thier best months for selling single family detached houses. Many of these builders were adding legal basement suites which made it more feasable for first time buyers. CMHC reported 838 completed and unoccupied single and semi-detached units (including show homes) in the Edmonton area in November, up from 825 in the previous month.

There were a total of 4625 properties sold in Edmonton including 1288 houses & duplexes and 3337 condominums. One of the reasons condominium sales may have been high is that during the third quarter, the total net migration into Alberta amounted to 16,690 persons. The last quarter of 2021, the real estate market was very active and was a great time to be selling condominiums in Edmonton and houses in Beaumont Alberta. 


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How to Write the Right Real Estate Offer

The hardest part of buying a home is house-hunting to find the right property. Once you have found a property you like, the next step in to write an offer. Purchase agreements in Edmonton are standard Alberta real estate contracts and consist of the same clauses. What makes the difference is what you add to the agreement and negotiations skills.



First, we need to add the most important criteria which include:

  • Seller Names
  • Buyer Names
  • Property Address
  • Legal Description
  • General Terms of the Agreement
  • Deposits
  • Chattles
  • A Representation & Warranty Clause
  • Conditions & Terms
  • Closing Procedure Process
  • Additional Attachments id required
  • A Remedy Clause
  • Notice & Document Clause
  • Offer Price
  • Signatures & Dates


Sellers Names: Ensure the property title matches the names exactly as set out on the title. If there is only one person on tile who is married, have a dower consent form validated by a notary or real estate lawyer.


Buyer Names: Offers must be written with the legal name of a buyer and persons obtaining the mortgage or if in the name of a company, additional documentation will be required.


Legal Description: This is the legal address of the property. For Single-family homes, it contains a Lot, Block and Plan number. If it is a condominium, there may be an additional legal address for a storage unit or parking stall.


General Terms of the Agreement: usually include a surplus of items and how they factor into the sale of the property from who is responsible for providing a real property report, determining non-resident status for income tax purposes, who will be holding the deposits, any known defects in the property and other terms.


Representation & Warranty Clause: To ensure the person signing has a legal right to sell the property along with any chattels and the physical property is not situated on a utility right-of-way or encroaching on the neighbours.


Conditions: Are items that say " When I receive  _________, I will proceed with the sale of the property." These items are satisfactory financing, satisfactory property inspection and satisfactory review of condominium documents. The Seller may also add conditions such as review of contract from lawyer, final probate or finding another property.


Terms: Are items that either the buyer, seller or both have to agree upon to complete the sale. These items can range from picking up dog faeces in the backyard, to having the property professional clean prior to moving into repairing items found in your inspection.


Closing Procedure Process: Sets out the terms in how the title will be cleared of the existing mortgage caveats or liens against the property as well as who will be responsible for any closing delays. Read more on possible closing delays


Additional Attachments can include a huge list of items, but the most common attachments will be either an addendum, amendment to the original offer, a subject to sale form or disclosure statements


Offer Price: This Will be determined on a set of factors from the current market value, supply and demand, absorption rate, economic factors, property condition and location, how much the buyer & seller are willing to agree upon and the negotiation skills of your Realtor. Ask your Edmonton Realtor for a Buyers Comparative Market Analysis to determine fair market value prior to making an offer.

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A Step by Step Guide to Buying a Home in Edmonton

Step 1: Learn about Homeownership

There are many benefits to owning your home including personal freedom and financial equity building. Every year you live in your home, you gain a higher return on your investment. In 2005, the benchmark for a single-family home in Edmonton was less than $200,000. By the middle of 2007 at the end of our real estate boom, the average price for a house was over $400,0000. Today, we live in a city where house prices are extremely affordable and is a great time to make areal estate investment.


Pros & Cons of Homeownership

Step 2: Are You Financially Ready

A mortgage calculator will help give you an idea of how much you can afford, but until you have spoken with a mortgage broker and have submitted the proper paperwork, it is only an estimation.


What You Need For A Mortgage Pre-approval

Step 3: Find a Realtor

Take the time to research to interview a few agents who you feel will best represent you. After selecting your agent, you will want to schedule a sit-down or virtual meeting. This is an important step to understand how your agent will be working for you and you must be aware of where you stand.


*Questions to ask when interviewing a Buyers Agent 

Step 4 – Start Your House Hunting

This is the time when the excitement starts to happen and you already know how much you can afford. A licenced Edmonton Realtor can simplify this step by adding you to "autoprosecting" with your desired homebuying criteria, saving you time. Once you have found some potential properties, it's time to physically start house hunting. Call your Realtor and ask them to set up the showings. "


Start Your Edmonton House Hunting Today

Step 5 – Writing the Offer

Once you have found the right home, the next step is to write an offer. Your Edmonton Realtor will explain the Alberta real estate purchase agreement and help you through writing for the best offer a favourable outcome. The main items in an offer to purchase are:


Terms: Items that are agreed to and will be upheld, otherwise, there is a breach of contract. In addition to the standard terms that will be reviewed with you when preparing the offer, you can add in whatever else you need to, however, these are open for negotiation.


Conditions: Items in the contract that must be fulfilled in order for the transaction to even proceed forward. Typical conditions are subject to satisfactory home inspection, satisfactory financing approval, and satisfactory review of condominium documents. The buyer or seller is then given a few days to fulfil the conditions (usually 7 to 10). This is what it is meant by a property status that is listed as pending.


Deposits: In order to write an offer, you will need some available money for a deposit. In Edmonton a $5000 initial deposit is common. In the event a buyer is unable to satisfy all conditions, this initial deposit is fully refunded back to the buyer.


Possession: The possession date is the closing date on when the property title has been transferred into your name. The possession date in Edmonton is usually 30 -45 days, However, once conditions have been removed you can physically be in your new home within a week. If the property is tenant occupied, expect 3 to 6 months for possession. Closing dates for foreclosed properties are normally determined by the bank or a judge. 


Price: The amount offered for a property is determined by several factors including the sellers and buyers motivation, property condition, location and future resale value. The offer should never be based on what the seller is asking. To ensure that you will not be paying higher than market value, ask your Realtor to complete a Buyers CMA for you.


*How to write the right offer


Step 6: Condition Removal

Once the offer is accepted with agreed-upon terms, conditions, deposits, price and possession, it is time to proceed with satisfying your conditions. If you already have your financing in place, this can be completed within 1-3 days. Next is to arrange a home inspection with a certified licenced home inspector prior to your condition removal date. If you are purchasing a condominium, ensure you have received all condominium documents and there is sufficient time allotted for your lawyer to review them. Once conditions have been satisfied, there is a final document to be signed called a "waiver". Once signed, you have officially purchased your home. Congratulations!


Other Things You Need To Know

With large real estate companies in Edmonton like Remax, we have a conveyancing department that forwards all purchase agreements paperwork including addendums to your lawyer prior to your arrival.


In Alberta, your real estate lawyer will contact you about a week prior to your possession to set a date for you to sign the final paperwork. At this time, you will be asked to bring:


  • The remainder of your downpayment. (Your initial deposit will be added to your downpayment.)
  • An insurance binder (a piece of paper from your insurance company confirming you have proper homeowner insurance)
  • The Lawyers fee and disbursement costs
  • Your identification


On your closing date, the buyer's lawyer transfers the mortgage funds to the seller's lawyer. The seller's lawyer contacts the listing agent who contacts your Realtor and arranges key pickup. This usually happens before noon unless there has been some type of delay.


*Issues at closing (possession)


If you have questions about buying a home in Edmonton or the surrounding area, we are here to help. Contact us today!

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Third Quarter Market Report for 2021 - Edmonton House Prices

Single-detached houses in the Edmonton CMA increased in August by 40.4% from a year prior. This was also the best August performance for single family new home builders since 2017.


Although Edmonton houses prices fell a bit this quarter,  both Beaumont and Spruce Grove  Alberta saw slight increase in house prices. There was also a high number of people looking to move out of the cities which started a price increase in country residential homes.


In the third quarter of 2021, there were a total of 5976 properties sold in Edmonton with an inventory sales increase from last the previous quarter including 1727 houses & duplexes and 4249 condominums.


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How to Hire the Right Real Estate Agent when Buying

Choosing the right realtor is one of the most important decisions that you will make when you’re ready to buy a home in Edmonton. A good agent can help you navigate the buying process with minimal stress, whereas a not-so-good agent might make the process harder on you (and your wallet) than it needs to be and a great agent will provide a great buying experience. There is no magic formula for finding a great agent, though there are certain steps that you can take to improve your chances.



What should you look for when you choose a real estate agent?

Behind every good real estate agent is a set of skills that make them a top choice when you’re looking to buy a home. So what are these skills? They’ll vary depending on your needs and your personality, but at the very minimum, you should choose a real estate agent who has these five key qualities.


Good communication

Communication is a key factor in a real estate transaction and being comfortable with your Realtor is key. If you are analytical, find an agent who is also analytical and system focused. These agents are usually dressed in a suit and will provide you with detailed information. If you are really social, choose an expressive agent. These Edmonton Realtors can be found via Facebook and are usually dressed in bright colours.


Top 12 Questions to ask a Realtor when Buying

1. How long have you been a Realtor in Edmonton?

Agents that have been in the business for a while will be able to anticipate problems before they arise.

2. Do you have a real estate speciality?

Most experienced Edmonton Realtors have a speciality from condominiums to luxury home sales.

3. Can you tell me about the areas we are interested in?

Your Realtor should be knowledgeable about the area you’re looking at. Edmonton communities vary in demographics and amenities from one neighbourhood to the next.

4. Will I be working with you individually, or with a team?

If you enter an agent-buyer relationship with the understanding that the agent will be handling you personally, it can be alarming to be handed off to an assistant. Ask who you will primarily be dealing with.

5. Can you recommend ...?

Mortgage brokers, appraisers, property inspectors and real estate lawyers. A good agent will already have a number of real estate professionals they work with on a regular basis.

6. How does your commission work?

As with any financial transaction, get a good understanding of how your agent is compensated before entering into a relationship with them.

7. Can you explain the home buying process from start to finish?

The process can be long and complicated for first-time homebuyers. Ask your agent to explain the process to you from beginning to end, and take notes, being sure to ask for clarifications you need along the way.

8. What’s the best way to contact you?

Every Realtor in Edmonton prefers different ways of communications. Some agents do not give out their cell phone numbers and others are not tech-savvy. Some agents will reply immediately and others can take hours.

9. Do you work on weekends?

Ensure that the availability to show you properties works for both you and your Edmonton Realtor.

10. How many homes are you willing to show me?

Some agents will only show you 3 properties, while others will show you dozens of homes. If an agent is only willing to show you a few properties, it is probably because they are too busy, however, if a Realtor is willing to show you unlimited properties - they are called a "Wheel Estate Agent"

11. Will you provide a CMA for this house?

A CMA or comparative market analysis can help you determine fair market value and determine if it is priced accurately.

12. Do you work full-time or part-time as an agent?

Edmonton Remax Realtors are full-time agents who are more likely to be able to devote more time to work for you than someone who is pursuing real estate on the side.


Take the time to talk with the agent to find the best fit for you. We recommend interviewing 3 Edmonton Realtors. Our agents can be contacted directly at 780-910-5179 or email us!

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Pros and Cons of Different Property Ownerships

Before buying a home, it’s important to consider what type of lifestyle you live. If you travel a lot, a house may not be the best choice. No matter what type of home you choose, there are advantages and disadvantages of all types and styles. It makes sense to review all the pros and cons of home you're looking for.


Advantages Of Buying Single Family Home:

  • Investing in a tangible asset
  • Building equity as you pay down your mortgage.
  • Greater privacy and an option to renovate it to your personal style
  • Stable monthly payments on a fixed mortgage mean you’ll pay the same monthly amount until the end of your mortgage term

Disadvantages of Single Family Ownership:

  • Upfront closing costs (usually 1-2% of the total purchase price)
  • It will be more difficult to accept an attractive job offer requiring you to pick up and move to another city.
  • Maintenance costs are yours and over time, something will need to be replaced from a leaking faucet to new shingles

Advantages of owning a Condomium:

  • Condo fees usually cover exterior maintanance cost
  • Easier Upkeep
  • Condo fees usually cover the cost of heat & water and sometimes electricity and cable costs
  • Shared common area (Anywhere from shared road ways to a community pool)
  • Communal living (you are part owners of a greater area and may even become part of the managment board)

Disadvantages of Condomium Ownership:

  • Condo fees (In addition to your mogtgage you must pay monthly condo fees)
  • Less Privacy (Depending on the style most Condos Share at least one wall with thier nieghbor)
  • Restrictions (Depending on the Condo there may be restrictions such as noise, odor, pets, ect)

Depending on the type of property you choose to purchase there are also pros and cons:

Detatched Single-Family:

Pros:

  • Freedom to do what you want from demolishing the house to adding additional rooms, gardens, garage or basement suites for residual income.
  • Even if the value of the structure itself depreciates, the land on which it sits can become more valuable
  • Backyard BBQs & entertaining outdoors


Cons:

  • You are responsible for all maintenance

Townhouse Condominiums

Pros:

  • Semi-private yards
  • If there is a major upgrade, the cost is sharded by each unit
  • Your own parking spot/garage
  • You can change anything in the interior of the home from kitchens to fresh paint
  • Your neighbour can keep an eye on your property while you are away

Cons:

  • There will be a monthly condo fee
  • You are responsible for maintaining the interior of the property
  • You are living close to your neighbour
  • Condo fees can increase

Apartment Condominiums

Pros:

  • Condo fees usually cover the cost of heat & water and sometimes electricity and cable costs
  • No exterior yard work
  • Less cost to homeownership


Cons:

  • Less privacy. Your neighbours will know when you come home and when you leave.
  • There may be rules on the type of flooring you are allowed to put in your property
  • Must abide by all bylaws
  • Pet restrictions 
  • Condo fees can increase

New builds

Pros:

  • Alberta new home warranty
  • You will be the first person to live there
  • Everything is fresh
  • New appliances 


Cons:

  • The cost of new builds is higher than resale.
  • Added GST (usually already hidden in the price)
  • If there is an issue, you will need to deal with the builder
  • You will be responsible for adding fences and completing landscaping
  • The cost of finishing a basement
  • Annual HOA Fees
  • New builds are on the rise due to a higher lumber cost


If you have questions about buying a home in Edmonton or the surrounding area, we are here to help. Contact us today!



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