Found 500 blog entries tagged as First time home buyers.

Ambleside Homes For Sale Statistics

Current Home Prices Size (sq ft) Listing Price Listing Price/sq feet
High  3103 $835,000 $480.00
Low  571 $189,900 $230.18
Average 1665 $479,936 $298.03
Median 1697 $488,250 $283.54

Ambleside Houses & Condos Listings Statistics (7- Listings Sold)

Sold Home Prices Size (sq ft) Listing Price Listing Price/ sq feet Sold  Price Listing Price/sq feet Days on Market 
High  2263 $597,900 $299.52 $592,500 $292.90 41
Low  878 $259,900 $264.13 $249,500 $254.79 14
Average 1525 $417,173 $275.38 $410,290 $269.97 25

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Now you know you have your little wish list in your head, memorized and mentally waiting to be checked off as you sail from home to home, trying to find the right fit. People buy certain homes for vastly different reasons, whether it’s for sheer space, or features like garages and renovated kitchens. The one thing people often forget is to actually test a home if they are interested in it.

Test the home

Sure! Do what you’d do if you lived there. This will help you determine if you may be facing some cosmetic fixes if you buy or it, or if some more expensive problems are on the horizon. Here are a few things to do when you are walking through a home that you want to put an off on:

Open and close all the cupboards and drawers. This will tell you if…

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Being a first time home buyer is no easy thing. Scrimping and saving, on top of tightening the purse strings – not to mention the time you’ll spend house hunting and the possible bidding wars that may ensue. Isn’t it nice to know that you don’t have to do it all alone?Using Your RRSPs to Buy a Home - The Home Buyers' Plan (HBP)

The Home Buyers' Plan is a program that was established by the federal government that allows an individual (qualified as a first-time home buyer) to withdraw up to $20,000 tax-free from their RRSPs (that's $40,000 per couple) to buy or build a home, as long as it will be your primary residence. You can only use this program one time, and you must be a resident of Canada to benefit from it.

Participation in this…

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You’d be right to think that the current state of oil pricing is going to effect the housing market, especially in Edmonton. Edmonton home sales are expected to level out in 2015, but realtors and financial analysts are fairly certain it won’t be a prolonged issue.

Edmonton has enjoyed a healthy real estate market for the better part of 6 years now, and it had to come to an end sometime – or at least it had to slow down. Since the price of oil is effecting job availability in the energy sector, with many facing layoffs, the frequency of buying is expected to taper off in 2015. At the same time, the reduction in employee demand means fewer people migrating to Alberta from Eastern Canada, which means a decrease in the housing demand. Luckily, Edmonton…

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As a first time buyer your choices can be simultaneously overwhelming and underwhelming at the same time. You may find that there are dozens of homes to choose from, or that your budget is simply too limiting. It may also be a case of despite having a limited budget, there are plenty of homes you can afford, but few of them are offering what you really want. It’s frequently difficult to get everything you want in a home, even for experienced buyers. First time buyers typically have it worse, and often have to compromise on their wish list quite a bit just to get into the market.
While building a custom home is probably the only way you are guaranteed to get everything you want, it’s not really practical for the average buyer. So what’s gotta give for you…

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The Edmonton real estate market is promising to remain healthy according to forecasts announced by the Realtors Association of Edmonton early in January. According to this announcement, current home owners can expect to see a 3% increase in the value of their single-family homes, with condominiums and townhomes seeing an approximated increase of 2%.

First Time Buyers

For first time buyers these statistics can seem alarming, but what the Association also stated was that the sales of condominiums and alike homes will increase this year – with about 11 500 predicted to be purchased (an increase of 1000 from 2013). The reason this increase is predicted is because while the Edmonton real estate market is healthy and growing, condos and townhomes (also…

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If you are looking at purchasing some Edmonton real estate but are just getting your feet wet in the real estate market here, there are a few things to consider. It can be very exciting when you finally decide to buy your first home, and many people hop right online and begin browsing through listings. It’s only natural to dive right in like this, but actual house-hunting isn’t the first step you should be taking. What you need to do first is figure out what you can afford.

To do this, begin by talking to your bank or a mortgage broker. Together, they will show you how all your current assets, debts and expenses, come together to paint the picture of the price-range you can comfortably afford to shop in. Once this is taken care of, you will…

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Edmonton Real EstateWinter did not slow Edmonton real estate sales in November according to figures released by the REALTORS® Association of Edmonton. One month sales in November were the highest in five years. The figures are based on sales through the Multiple Listing Service® System in the Edmonton CMA.

The number of all-residential sales in the Edmonton CMA in November (adjusted to account for late reported sales) was 1,116 highest number of sales in the month since 2009. There were 672 (622 reported) Edmonton sales of single family homes, 349 (323 reported) condo sales and 83 (77 reported) duplex/row house sales in November. Total residential sales were up 10.5% over November 2012 with SFD sales up 7.9% and Edmonton condos sales up 13.7%.  

The average…

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REALTORS® Association of Edmonton released market housing statistics for the month of October based on sales through the Multiple Listing Service® in the Edmonton CMA. The all-residential average price in the Edmonton CMA is $337,599 as compared to $332,232 in October 2012, a +2.5% change. The median price for a home in Edmonton is up at $327,250 compared to $315,600 last October.

All-residential sales totalled 1,454 (adjusted for late reported sales, 1,346 reported) in October, a positive change of 15.6% from the same month last year when there were 1,258 residential sales. There were 888 (822) adjusted SFD sales, 449 (416) adjusted condo sales and 90 (83) adjusted duplex/rowhouse sales (reported sales in brackets).

“Total annual sales are…

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The REALTORS® Association of Edmonton released market housing statistics for the year to date (YTD) including the month of September. The all-residential average price for the first three quarters of the year in the Edmonton CMA is $350,741 as compared to $340,090 in 2012.

In September, the all-residential average was $352,057, up 5.4% from a year ago and inching up from $351,455 in the previous month.

Year-over-year sales were also up 19.4% with 1,466 (adjusted, 1,357 actual) all-residential sales in September. There were 13,691 residential sales in the Edmonton CMA in the first three quarters of 2013 as compared to just 12,876 sales at the same time last year.

“Our members report that the market is very active with many properties…

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on March 31st, 2023 at 12:46am CDT.