Edmonton’s second-hand market is on the rise in 2016, according to a recent report by the CBC. The trend is taking many experts and regular home sellers and buyers by surprise, especially as Edmonton’s unique market has been showing trends towards newer homes. But for the start of 2016, it seems like the second-hand market is heating up.

One of the reasons for the second-hand sales could be simply a matter of price. As newer homes tend to be more expensive, all while being further and further from the downtown core as Edmonton spreads out, a second-hand, single-family home that is well-maintained isn’t the burden many people wanted to avoid even a few short years ago. And while maintenance in the day-to-day may end up being more costly, the lower…

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With winter comes snow. It’s a sure thing in Edmonton, and it’s one thing that many people worry about on a daily basis. If you live in a home with a driveway or sidewalk, you have to keep walkways clear of ice and snow. Here are some facts and tips about snow removal in Edmonton to help you stay on the right side of the law and ensure your neighbourhood is safer for everyone.

1. Snow Removal is Complaint-Based

Edmonton doesn’t employ anyone who drives around looking for sidewalks and driveways that haven’t been shovelled. That would be a waste of time and resources. Instead, residents with complaints about snow removal are encouraged to call the City’s Municipal Enforcement department to log a complaint. From there, the City will send out an…

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Reports from Canada’s leading authority on real estate markets and housing prices show that Edmonton is already experiencing a housing correction as a result of the Alberta economy. But rather than seeing this as a negative, such a correction can actually be a positive thing for many Edmonton residents. Here is some information on the housing correction, what it means, and what such changes bring to Edmonton’s real estate markets for 2016.

To begin, overvaluation is when homes are sold at price levels “that are not fully supported by fundamental drivers such as income, mortgage rates and population growth,” according to the Edmonton Journal. When this happens, homes are often “overvalued,” or sold for prices that aren’t in line with the usual markers…

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2022 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on May 27th, 2022 at 4:18pm CDT.