Real Estate

Found 28 blog entries about Real Estate.

7 Reasons to Move to St. Albert

Located mere minutes from Edmonton, St. Albert is known as “The Botanical City,” and for good reason. The city is awash in beautiful colours, lush scenery and fantastic amenities. Currently, the St. Albert real estate market is booming with buyers wanting to make the transition out of the big city and into a city with a wonderful small-town charm. There are countless great reasons to live in St. Albert, but today, we’re going to look at # of them. Here are our top reasons to live in St. Albert:

1 - The Farmer’s Market 

If you dream of spending a weekend day strolling through a market with your reusable bags in tow, soaking up the sun, St. Albert is a great spot to realize that fantasy. The St. Albert Farmer’s Market is not only a city-wide

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If you’re entering the real estate market for the first time or even if you are a seasoned pro at buying and selling homes, the different job titles and categories for real estate professionals can seem a bit confusing. While there’s a more definite difference between real estate brokers and real estate agents, once we drive down a little further, we start to notice even more categories that can get people hung up. 

For example, did you know there’s a difference between a REALTOR® and a regular real estate agent? Today we’re going to look at the differences and find out which one you should choose when entering the Edmonton real estate market: 

First of All, What is a Real Estate Agent 

A real estate agent is a licensed professional who is

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Glossary of Real Estate Terms

AMORTIZATION
The number of years it takes to repay the entire amount of a mortgage.

APPRAISAL
An estimate of a property's market value, used by lenders in determining the amount of the mortgage.

APPRECIATION
The increase of a property's value over time.

APPROVED LENDER
A lending institution authorized by the Government of Canada to make loans under the terms of the National Housing Act. Only Approved Lenders can negotiate mortgages that require mortgage insurance.

ASSESSMENT
The value of a property, set by the local municipality, for the purposes of calculating property tax.

ASSUMABLE MORTGAGE
A mortgage held on a property by the seller that can be taken over by the buyer, who then accepts responsibility for making the mortgage

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What Can $1m Buy You on the Edmonton Real Estate Market?

Are you looking to buy a home or condo in Edmonton? Not sure how far your budget can stretch? In many cities across Canada, $1 million is a robust budget that can buy a whole lot of house. This is especially true in Edmonton, where many prices are lower than the rest of the country and the value is high. 

So what can you get for $1 million in Edmonton? Let’s take a closer look: 

What is the Average Price? 

In Edmonton, the average price for a home is climbing. Although it’s a slow climb, we’re seeing a slight increase over last year and it’s expected to continue. The average price for a two-story home in Edmonton is $449,234, which is lower than the Canadian average of $748,049. 

Knowing this, let’s take a look at some of the details for

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5 Tips For Making Your Edmonton Home More Eco-Friendly

Edmonton homeowners are always looking for ways to make their homes more eco-friendly. Going green has serious benefits. Not only could you save money on utilities, but you could also reduce your carbon footprint, waste less, and enjoy that wonderful tingling feeling when you do something good for someone else. In this case, the “someone else” is Mother Nature.

Here are 5 tips for making your Edmonton home more eco-friendly:

1 – Invest in a New Furnace or AC Unit

 Ever hear the saying, “you have to spend money to make money?” That rings true when it comes to your HVAC systems. Modern furnaces, heaters, and air conditioners are high-efficiency units that use less fuel and produce more energy. Using less fuel means you’re spending less on your

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If you have ever been a landlord, are currently a landlord, or are thinking about Edmonton investment properties for sale, you'll be glad you reviewed our latest tips and tricks of the trade! Some people think owning a rental property is all about finding a good condo or house in an area that renters will love. This is just the beginning! You have to interview tenants, create contracts, monitor your property, be on call for property repairs, and evict tenants if needed. Of course, the pay off is that the tenant gives you enough money each month to more than cover costs and eventually help you pay off the property in its entirety. Through all the pros and cons of owning a rental property, how are you to keep your head on straight and find some

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Alberta Buyers' Market

Alberta has been hit hard over the last few years with the dramatic decrease in the price of oil. Even though many have lost their jobs, companies have scaled back on projects, and consumers have been very cautious, the housing market seems to be ready for a bit of stability. The Edmonton Journal recently reported that the expectation for housing prices in 2018 is set to decline by 1.5%. Comparable sources commented similarly on the Calgary market as well, which means a slight decrease in prices is expected for the majority of the real estate markets in the province.

Given this tidbit of information, it is a fantastic time for anyone looking to purchase a home! The economic cycle will always continue to rotate between a buyers' market and sellers'

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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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5 Tips for Making Your Edmonton Home More Eco-Friendly

Edmonton homeowners are always looking for ways to make their homes more eco-friendly. Going green has serious benefits. Not only could you save money on utilities, but you could also reduce your carbon footprint, waste less, and enjoy that wonderful tingling feeling when you do something good for someone else. In this case, the “someone else” is Mother Nature.

Here are 5 tips for making your Edmonton home more eco-friendly:

1 – Invest in a New Furnace or AC Unit

 Ever hear the saying, “you have to spend money to make money?” That rings true when it comes to your HVAC systems. Modern furnaces, heaters, and air conditioners are high-efficiency units that use less fuel and produce more energy. Using less fuel means you’re spending less on your

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Maximize the Curb Appeal of Your Edmonton Home

Autumn and winter can be a magical time in Edmonton. As the days start to get shorter, you will notice crisp mornings and cool evenings and an explosion of fiery hues taking the place of summer greenery. However, fall and winter can also become a daunting time to sell a home because there are more challenges to face when creating curb appeal. 

Here are a few easy ways you can maintain and maximize your home’s curb appeal in the fall and winter:

Make Sure the Leaves are Raked

Falling leaves are a picturesque and essential part of fall, but a yard covered in thick detritus of rotting leaves may give the wrong impression of your home. Making sure the leaves are tidy and raked into neat piles or removed entirely from the yard will make sure

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