Buying Edmonton Real Estate

Found 5 blog entries about Buying Edmonton Real Estate.

Coming Attractions

The real estate industry moves lightning fast, and, in the words of the iconic Ferris Bueller, “If you don’t stop and look around once in a while, you could miss it.” In Edmonton, there are several new and exciting developments that buyers need to know about. 

Whether you’re planning to buy now or later, here are four new developments in Edmonton you should get excited about: 

1 - SKY Residences at ICE District 

This new development is the perfect location for buyers who want to stay right in the middle of the action. SKY Residences at ICE District is a 66-storey building, making it the tallest tower in Western Canada. The building itself is flush with the Rogers Centre, perfect for entertainment and hockey fans. Condos start on the 32st

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Common Condo Questions

It doesn't matter whether you are a first-time home buyer or if you're an empty nester that has decided to downsize, buying a home can be a nerve-wracking experience. It's only natural that, as you meander your way through the complexities of the Edmonton real estate market, you'll have questions. Here are a few things you need to know when viewing condos for sale in Edmonton.

What other fees should I be aware of when searching condos for sale in Edmonton?

Strata Fees

Strata fees (or condo contributions) can vary from development to development. They are financial payments that are put toward the costs of repairing and maintaining common areas (ie: plumbing, HVAC systems, and landscaping.) Condo contributions can also be put towards a reserve

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“Home is the nicest word there is,” wrote Little House on the Prairie author, Laura Ingalls Wilder. For many first-time home buyers in Edmonton, though, home is more than a word—it’s a hope and a dream, a place where you’ll be investing not only your hard-earned money but your future as well. For some, a first-home may be a stepping stone to greater things, while for others it becomes a place to start a family or a new job. Regardless, though, it’s easy to get swept away.

Young home buyersRemember—alongside the long list of exciting features that you’ll find in the Dutka Team’s real estate listings—all first homes come with pitfalls. When you’re just starting out, it can be difficult to know what’s required of you, and it’s definitely tempting to follow your heart

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Edmonton low rise condosThere are plenty of reasons why you could choose a condo over a more traditional home purchase like a detached, townhome or duplex and also just as many pitfalls to be aware of. When looking at purchasing a condo, there’s one question you should ask yourself before you start: Is a condo the right real estate choice for me?

Let’s take a quick look at some of the pros and cons of purchasing an Edmonton condo and hopefully we can determine if the condo lifestyle is right for you. Whether you’re a first time home buyer, seasoned homeowner or just curious about condo ownership, you need to know a few of the ins and outs of living the condominium lifestyle.

The Pros of Condo Ownership

Condos are relatively maintenance free. That is someone else usually

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renovating a foreclosureWhile it may seem like a great investment to purchase a property that has been, or is in the process of being, foreclosed on, there are some things that potential buyers need to be aware of. The thought of purchasing a house for pennies on the dollar seems like a wise investment, but there can be potential pitfalls with purchasing a house in foreclosure. There can also be, however, fantastic gains to be had by being educated about foreclosures and the foreclosure process and knowing what to look for in and Edmonton foreclosure. Here’s a few things that you need to be aware of if you’re thinking of a purchasing a property that’s been foreclosed on.

What is Foreclosure?

Basically, foreclosure means that the bank or mortgage lender has taken back a

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