Buying an Edmonton home situated on leased land 

Usually Edmonton buyers purchase thier homes on land which are not leased. However there are several properties where the dwelling is sitting on leased land. This could be anything...

Is there a Capital Gains Tax when I sell my house in Canada?

For the majority of Canadian homes owners who have resided in thier property for at least 1 full calandar year, there is not a capiatal gains tax when you sell your home....

30 Year Mortgages are back.

Starting August 1st, first time home buyers purchasing new home will be allowed to obtain a 30 year amortization instead of 25 years which will help lower your monthly mortgage payments. There are a...

When it comes to buying or selling a property, transparency is crucial. Courts have found that both sellers and agents have a responsibility to disclose any relevant information about the property's condition.

It is important for...

If you are planning on purchasing a home in Alberta, the time is now!

Houses prices in Edmonton and the surrounding area are on the rise. According to the real estate association of Edmonton market statistics, today the median...

Yes, you can! 

What is real estate co-ownership and how does it work?

The most common type of co-ownership of property aside from are tenancy in common and joint tenancy. Tenancy in Common is ownership of title to...

2024 Riverbend home sales

January Riverbend home sales

There were a total of 4 home sale in Riverbend

• Carter Crest townhouse for $324,900
• Henderson Estates Bungalow for $435,000
• Ramsay Heights lowrise apartment for $235,000
• Rhatigan...

2024 Terwillegar home sales

January Terwillegar home sales

There were a total of 18 home sale in Terwillegar. 15 condominiums and 3 houses
Houses sold were - one bungalow in Henderson Estates for $435,000, one bungalow in South...

There were a total of 1,966 residential unit sales in the Greater Edmonton Area (GEA) real estate market for February 2024, showing increases of 36.9% over January 2024, and 52.6% over February 2023. New residential listings amounted...

The Government of Alberta announced an unexpected change to the Land Titles Registration Fee during the release of its Budget 2024 on February 29, 2024.

Homeowners will soon see an exponential increase in closing costs. Currently,...

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for January 2024 came to 1,439, an increase of 17.5% from December 2023, and 46.8% higher than January 2023. New residential listings amounted to...

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for December 2023 came to 1,229, decreasing from November 2023 by 24.4%, but showing an increase of 25.2% over December 2022. New residential listings...

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November 2023 came to 1,637, decreasing from October 2023 by 9.1%, but showing an increase of 28.5% over November 2022. New residential listings...

Yes. You read that correctly. Canada now has 40 year mortgages. 

The government just announced 40 year mortgage amortizations to help Canadians lower their monthly payments. When I first heard this, I thought...

Embracing Affordability: A Guide to Relocating to Edmonton

Moving to a new city is an exciting adventure, and for those considering a move to, Edmonton stands out as a vibrant and welcoming destination. Nestled in the heart of...

What is a 15 Minute City and does Edmonton have them?

The concept of 15-minute cities is an urban planning and design idea that aims to create more sustainable, livable, and interconnected communities. The idea is to organize cities...

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October 2023 came to 1,812, decreasing from September 2023 by 12.0%, but showing an increase of 21.0% over October 2022. New residential listings...

Conflicts of Interest

In rare situations, you may run into a conflict of interest. It arises when there is a real or apparent incompatibility between a real estate agent interests and your interests. Examples of common conflicts...

Is your City of Edmonton Property Assessment Accuarate?

Property assesments in Edmonton are only a base point. Your home could be worth a lot less or a lot more. The city uses a computer system to generate an estimated guess of...

What are material latent defects and how do they effect your home purchase?

Material latent defects are a physical defect that is not discernible through a reasonable inspection, and makes a property dangerous or potentially dangerous...

What is the importance of RMS?

Residential Measurement Standard Principles

REALTORS® must use the RMS when measuring and advertising properties. Measurements must be calculated to within 2% of the RMS size. RMS measurements...

Do houses in Edmonton have radon and how concerned should you be?

What is Radon?

Radon is an odourless, tasteless, colourless radioactive gas that is the by-product of uranium decay. Uranium occurs naturally in soil and rock f...

What is an upside down mortgage?

An upside-down mortgage is simply a mortgage in which is more money is owing than what the property is worth. An upside down mortgage can happen to anyone. With real estate markets in big cities...