#Condos for Sale in Edmonton Alberta

[hauptrealty]

What You Need To Know About The Condos For Sale In Edmonton Alberta?

In the heart of Edmonton, Alberta, lies a diverse range of real estate opportunities, spanning from sleek urban condominiums to sprawling rural acreages. Whether you're attracted to the vibrant city life or crave the tranquility of the countryside, there's an ideal property awaiting you.

Condos for Sale in Edmonton: Redefining Urban Living

The condos for sale in Edmonton Albertaare the most promising way to secure your future. Urbanites seeking convenience and contemporary living will find an array of condominiums for sale in Edmonton. These chic residences not only boast prime locations near amenities like shopping, dining, and entertainment but also offer a low-maintenance lifestyle suited for busy professionals or downsizing homeowners. You should look for the best condos for sale in Edmonton Alberta if you want an effortless experience.

For those yearning for space, privacy, and a deeper connection to nature, acreages for saleAlbertaprovide the ultimate sanctuary. Whether you dream of owning a hobby farm, constructing your custom estate, or simply relishing wide-open spaces, there's an acreage to fulfill your vision. From the undulating prairie hills to the rugged beauty of the foothills and the serene countryside, Alberta's acreages offer limitless opportunities for outdoor recreation, relaxation, and sustainable living.

Investing in an acreages for sale Alberta not only promises a serene lifestyle but also presents a solid investment opportunity. With land being a finite resource, acreages tend to appreciate over time, offering long-term financial security and potential returns. Furthermore, owning an acreage allows for asset diversification and may provide tax advantages, making it a prudent investment option for savvy buyers.

Whether you're seeking the excitement of city living or the serenity of rural life, Edmonton and Alberta offer the perfect property for you. Explore condos for sale in Edmonton to experience urban sophistication or venture into the countryside to discover the acreage of your dreams. The opportunities are endless in Alberta's diverse real estate market.

[jenniferdipietraca]

Unlocking the Real Estate Market: Choosing the Right Agent in Alberta

In the sprawling landscape of Alberta's real estate market, finding the perfect property can feel like navigating a maze. With so many options available, from cozy suburban homes to luxurious downtown condos, the process can quickly become overwhelming. That's where the expertise of a knowledgeable real estate agent comes into play. But with countless agents vying for your attention, how do you know which one is right for you? In this blog post, we'll explore the essential factors to consider when choosing the top realtor in Spruce Grove, AB.

Understanding Your Needs:

Before diving into the sea of real estate agents, take some time to reflect on your needs and preferences. Are you searching for a family-friendly neighborhood in Edmonton? Or perhaps a serene countryside retreat near Calgary? By clarifying your priorities, you'll be better equipped to find an agent who specializes in the type of property you're seeking.

Researching Potential Agents:

Once you've identified your requirements, it's time to start researching potential agents. Begin by scouring online listings and local directories to gather a list of agents operating in your desired area. Pay attention to client reviews and testimonials, as they can offer valuable insights into an agent's reputation and track record.

Assessing Experience and Expertise:

When evaluating potential agents, prioritize experience and expertise! Look for sellers who have a solid track record of success in the Alberta real estate market. Consider factors such as the number of years they've been in business, their transaction history, and any specialized certifications or designations they hold.

Seeking Personal Recommendations:

In addition to online research and browsing listings for homes for sale in Spruce Grove AB, don't underestimate the power of personal recommendations. Reach out to friends, family members, and colleagues who have recently purchased or sold property in Alberta. Ask about their experiences with their real estate agents and whether they would recommend them to others.

Conducting Interviews:

Once you've narrowed down your list of potential agents, it's time to conduct interviews. Schedule meetings with each agent to discuss your goals and expectations. Pay awareness to their communication style, responsiveness, and willingness to listen to your needs. A good agent will take the time to comprehend your choices and tailor their approach accordingly.

Reviewing Marketing Strategies:

A vital aspect of a real estate agent's role is marketing your property effectively. During the interview process, inquire about the agent's marketing strategies. Ask how they plan to advertise your property to potential buyers or find listings that align with your criteria. Look for agents who demonstrate creativity and innovation in their marketing approach.

Evaluating Compatibility:

In addition to professional qualifications, consider the personal dynamics between you and your potential agent. Real estate dealings can be complex and emotionally charged, so it's essential to choose an agent with whom you feel comfortable and confident. Trust your intuitions and choose an agent who instills trust and reassurance.

Negotiating Terms:

Before finalizing your decision, be sure to negotiate the terms of your agreement with your chosen agent. Clarify details such as commission rates, contract duration, and any additional fees or expenses. Ensure that you have a clear understanding of what services the agent will provide and what is expected of you as the client.

Continuing Communication:

Once you've selected an agent, maintain honest lines of contact throughout the buying or selling process. Regular updates and feedback sessions will guarantee that everyone remains on the same page and that any concerns or issues can be handled promptly.

Celebrating Success:

Finally, remember to celebrate your success once your real estate transaction is complete! Whether you're moving into your dream home or securing a lucrative investment property, take a moment to acknowledge the hard work and dedication that went into achieving your goals.

Conclusion

Selecting the right real estate agent in Alberta is a necessary step in opening the potential of the local market. By following these tips and guidelines, you can find an agent who will guide you via the process with confidence and professionalism. So, take the foremost step to your real estate goals today with Jennifer DiPietra and launch on an exciting journey towards property ownership in Alberta.

[mkgarcia11]

With So Many Houses For Sale In Edmonton, What’s Driving Demand?

The high demand that we’ve been monitoring for houses for sale in Edmonton continues to hold steady – with some peaks and valleys here and there.

Local real estate statistics show that after a more modest August and September, the average selling price accelerated around Christmas, then dipped again to around 426,300 – with just 39 days on the market. Year over year, it’s still about a 3 percent increase from January 2021. While it might seem daunting – there’s never been a better time to buy: interest rates continue to be low and sellers continue to be motivated. So, what is driving this demand? Let’s dive in:

A Change In How We Work

Our first significant driving factor in the demand for Edmonton houses for sale is the permanent switch to telecommuting for many in the workforce. 

This about-face in how we work as a collective is in no small part brought about by the impact of the COVID-19 pandemic.

An offshoot of this switch has been what’s termed The Great Resignation by younger generations like Millennials and Gen Z. Many individuals in these age groups have gone through significant personal change during these last two years. As a result, many have resigned from unfulfilling jobs to pursue careers that align more with their professional goals and personal values. Almost all of these career changes involve working from home, often outside of the typical 9 to 5 structure – usually with a larger income attached.

Mass resignation coupled with many forward-thinking corporations deciding to never return to the in-office model means there’s an even bigger demand for more space. 

Not only is income rising amongst the younger generations, individuals who work from home feel more equipped to pursue their dream neighbourhoods without taking into account their morning and evening commute and other now-obsolete considerations.

Growing Families and Retirement

Another large factor in increased demand for houses for sale in Edmonton is family structure changes as well as retirement plans for Baby Boomers and even older members of Generation X. 

It goes without saying that many retirees look to downsize and move to areas that accommodate a more relaxed lifestyle, like condo buildings or luxury retirement living villas. 

Many millennials have started their families. This coupled with the claustrophobic nature of the pandemic and, of course, the rapid onset of working from home – this generation is chomping at the bit for more space. Particularly in desirable suburban neighbourhoods with easy access to good schools and supermarkets. 

Final Thoughts

Of course, it’s important to remember that this is just a sampling of the driving forces for homes. It’s nuanced, complex, and certainly depends on where you live in Alberta.

Remember to always consult with your REALTOR® about your lifestyle, budget, and family life. They will be knowledgeable about market trends and be able to provide you with budget-friendly listings for houses for sale in Edmonton.

Whether you’re listing your home or looking for a new place to call your own, I’m here to help! I’m Jeneen, and as one of Edmonton’s top REALTORS®, I want to work with you to find your new property or make that upcoming home sale as smooth as possible.

Contact Jeneen by phone: (780) 904-4240 or by email: jeneens@remax.net.  

[edmontonhomesalescollection]

April Market update for Edmonton and surrounding areas within an hour. It appears to be a sellers market. Single family home sales are HOT 🔥, townhomes and condos are following close behind with an upward trend in sales , prices going up and days on market reducing. If you want a clear picture and understanding of what Edmonton’s real estate market is doing , follow here or give me a call or shoot me a message. My 15 years experience in the industry can certainly benefit you as both a seller or buyer. #michelewuerch #edmontonhomesales #yegre #maxwellpolaris #edmonton #edmontonrealestate (at Edmonton, Alberta) https://www.instagram.com/p/CdMNjm0vpeN/?igshid=NGJjMDIxMWI=

[briankernick]

BRIAN KERNICK, P.Eng, MBA Greenview Developments Ltd.

Brian was born and raised in the small town of Canmore, Alberta. His father owned Restwell Trailer Park just off main street Canmore. As Restwell Trailer Park expanded and grew, Brian developed interest and learned the basics of carpentry and development. As a kid, he learned to drive a backhoe and dump truck and how to hammer and paint.  

His first development project was in Canmore, called Grotto Mountain Village. Grotto Mountain Village was a highly successful 125 manufactured housing community. After finishing the project, Brian decided to get his Masters in Business Administration (MBA) in Australia. Brian completed his MBA in 1998 and then worked in several large real estate consulting firms working for blue chip companies. He provided strategic evaluation advice and hands on development management services to companies and institutions looking to make direct property investments, engage in real estate development projects or alternatively undertaking the divestment of property.  

Brian is an efficient, innovative, tenacious, performance-driven and methodical real estate developer with extensive multi-industry experience both across North America and abroad.  He is well versed in Project Development and Management, Economic and Financial analysis, Acquisition and Disposal Strategies, Site Assessment, Town Planning, Engineering and Building design, Market geographic and demographic analysis.

Brian incorporated Greenview in 1988 with the intention of moving closer to his family and friends in Canada. Under Brian’s leadership, Greenview Developments has been involved in the construction, development and management of low-rise and high-rise residential and commercial properties, mixed-use developments and hotels. These developments have led to economic success, bottom-line results and award-winning projects.

Greenview’s model is based on understanding the entire life cycle of the development of a project and partnering with other experts that have varied and complimentary backgrounds and have the shared experience of working well together.  Using this life cycle view, we aim to deliver the best possible results to all stakeholders involved.

 CURRENT ON-GOING PROJECTS

1.       HARBOUR LANDING BUSINESS PARK (REGINA)

Harbour Landing Business Park is a campus style office development consisting of four buildings each spanning 40,000 square feet (3-storey office building and a Tim Hortons coffee) in Regina, Saskatchewan.  It is located near Regina International Airport. Buildings 1, 2 & 3 have been fully completed and phase 4 has commenced. It is a suburban office park that is located on the corner of Parliament Avenue and Lewvan Drive just north of the new Grasslands retail development. Three of the four office buildings have been completed and are occupied. They are located within minutes of the Regina Airport and the new Global Transportation Hub. They offer excellent access / egress from Lewvan Drive and access to acres of parks and walking paths. The tenant mix consists of Saskatchewan Cancer Agency, Association of Professional Engineers & Geoscientists of Saskatchewan (APEGS), Porchlight, Saskatchewan Healthcare Employees’ Pension Plan (SHEPP) and Chartered Professional Accountants Saskatchewan (CPA).

 2.       AVLI ON ATLANTIC (CALGARY)

AVLI is a private intimate building located in historic Inglewood, adjacent to the longest park pathway system in North America, in Calgary, Alberta. A home to 65 units of luxury residences with 7 floorplans for every buyer, budget and investor with boutique and cutting-edge interiors. It is comfortable in its setting, proud of its attributes and home to those who have an appreciation for remarkable art.  AVLI on Atlantic features the finest in contemporary custom-made cabinetry and the stylish gourmet kitchens offer ultra-modern flat panel doors in a white high-gloss overlay finish with metallic edging.

 Greenview Developments is the managing partner in this $36MM project which is nearly complete.

  3.       WILLIAM OFF WHYTE (EDMONTON)

It is a 44 unit, four-storey condo building that believes in bringing style and aesthetics to your life. It is rated one of the top streets in Canada providing a home you can really live in and admire. The project is located in central Edmonton, in the community of Garneau, and just off the popular and lively Whyte Avenue. William Off Whyte was completed in early 2020 with sales ongoing. Being near the University of Alberta main campus and Hospital also makes it ideal for students who want a stylish place to live. William Off Whyte has nine-foot ceilings, beautiful modern exterior, Italian cabinetry, soft close drawers, quartz counters, underground parking and bike storage and a choice of three colour schemes to suit your style.  

 PAST COMPLETED PROJECTS

1.       Sage.Stone (Calgary)

Sage.Stone is a project in NW Calgary with total sales revenue of $40 million. Phase 1 (88 units) is 100% complete and Phase 2 (90 units) finished closings by March 2015.  

2.       Bordeaux in Hawkstone (Regina)

76 townhomes in North Regina with total sales revenue of $22 million has been completed.

3.       Skyy Townhomes (Regina)

Sales of 116 units commenced in June 2010 with total sales revenue of $22 million and the project was completed January 2012.

4.       Luxstone Landing (Calgary)

12 unit Townhome developments with a value of $3.3 million was completed in 2012.

5.       Sage Townhomes (Regina)

The sales of 176 townhomes commenced in December 2009 with sales revenue of $35 million and the project was completed in early 2011.

6.       Advantage West Inns & Suites (Fort McMurray)

This hotel was built from pre-fabricated modular units rather than standard stick-built construction. The 83‑room hotel opened in July 2004. After 3 ½ years of operation, Greenview Developments sold it in 2008 for $19,400,000 or $234,000 / room, a record price in Canada.

7.       Spring Pastures (Australia)

Completed 72-acre rural residential project worth $10m in Mapleton, Queensland within 2 years.

8.       Grotto Mountain Village (Canmore)

Grotto Mountain Village was a $15 million project, consisting of a 125-lot turn-key manufactured housing community on 24 acres, which won the mayors award for Urban Design, Community Neighbourhood Enhancement & Facility Construction in 1994.

 EDUCATION/ TRAINING

·         Masters of Business Administration – AGSM / University of Sydney, 1998

·         Graduate Diploma in Business Administration – AGSM / University of Sydney, 1997                                      

·         Bachelor of Science in Engineering – University of Calgary, 1992

WORK EXPERIENCE

SENIOR PROJECT MANAGER |   WESTCORP – LONDON AT HERITAGE STATION – CALGARY, AB                      2006 - 2008

Responsible for the construction of four 20+     story residential towers, 80,000 ft2 of commercial space, an 1,800-car     parkade, and a pedestrian bridge connecting the development with light     rail rapid transit.  The residential     towers include high line amenities and ample common facilities.   Started this project from the early     concept stages and set up a construction and management team, operational     and procurement processes, budgets, and construction schedules.    Oversaw all aspects of this large     construction project.

 PROJECT MANAGER | POINTE OF VIEW DEVELOPMENTS – CALGARY, AB                                                             2005 - 2006

  Tendered and negotiated all scopes of work, monitor     construction milestones, budgets and costs.

Planned and designed new projects, customer     walkthroughs and completion of deficiencies.

 SENIOR EXECUTIVE | KPMG NATIONAL REAL ESTATE SERVICES – SYDNEY, AUSTRALIA                                     2001 - 2002

 ·         Provided strategic property advice and off-balance sheet finance solutions to developers, financiers, government agencies and major blue-chip corporations

·         Feasibility and divestment advice on HIH Insurance.  HIH, and its 18 controlled entities, was Australia’s largest insurance company and it went into liquidation in March 2001. I acted on behalf of the provisional liquidator to maximize the proceeds from the sale of the properties.

·         Development and feasibility advice for the redevelopment of Bathurst Mount Panorama Precinct, one of the top three motor racing circuits in the world.  Bathurst 1000 is the Australian equivalent of Indy 500 in terms of motor racing and the event is broadcast to over 400 million homes in 54 countries. The Panorama Precinct is a multi-use tourism destination featuring restaurants, tourist attractions, cultural facilities, sporting and recreational facilities such as motocross, educational facilities, residential properties and nature park areas.

·         Facilitated the revision and expansion of Commonwealth Property Principles document for the Australian Department of Finance. This provided an appropriate discount rate and methodology for real estate decisions.

·         Reviewed feasibility and business case for NRMA (affiliated with the Canadian Automobile Association and American Automobile Association), to divest their existing operations in multiple locations and consolidate their staff within a new 38,000 m2 ‘Village’ campus style development.  

·         Prepared a feasibility and highest and best use study for ABC (Australian Broadcasting Corporation) Television’s Gore Hill site as well as planning and offering council advice.

 DEVELOPMENT MANAGER |APP PROPERTY PTY LIMITED – SYDNEY, AUSTRALIA                                             2000 - 2001

 ·         We had to seek out, assess and convert development opportunities. This role encompassed feasibility analyses, negotiation and deal closures with clients, sourcing and arranging property finance.

·         Development Representative for C+BUS (an RRSP company with over 320,000 members) in its $1.5B, residential development of over 1,600 lots, units and townhouses, called Breakfast Point. This role included feasibility assessment, project management, risk management, planning, sales and marketing advice

·         Managed feasibility analysis for a new World Headquarters for TAB Ltd. (Australia’s largest gambling firm)

·         Provided Property and E-commerce advice for Australia Post (equivalent of Canada Post)

·         Business plan and property advice for a 100,000m2 regional business park on the Central Coast (north of Sydney) for Festival Development Corporation (a division of the Department of Urban Affairs and Planning)

·         Venue Management analysis for the Sydney Cove Passenger Terminal Upgrade Circular Quay. (The Sydney Cove Overseas Passenger Terminal receives around 50 cruise ships a year as well as housing numerous restaurants and events).

[looprealestateteam]

Selling a Home in Edmonton — Postimage.org

Want to buy a house in Edmonton? Have a home for sale? Selling a Home in Edmonton? Search all houses for sale, condos or townhouses to find the best homes for sale in Edmonton, Alberta with Canada's #1 Real Estate Brand Loop Real Estate Call Now : +1 780 965 5208 from Diigo https://ift.tt/2LE54td via IFTTT

[mattfergusonrealestategroup]

@ferguson.melanie with another clean sale!!! 🤯 Condos! Condos! - Matt Ferguson Real Estate Group - EXP REALTY - #yegrealtor #edmonton #realestate #SELLMOREMFHOMES #newyorklife #yeglifestyle #foreclosure #yeg #yegforeclosure #edmontonrealestate #homesforsale #forsale #property #listit #canadarealestate #northamericarealestate #remax #americarealestate #americarealtygroup #canadarealtor #realstate #realstateinvestment #quebecrealestate #torontorealstate #vancouverrealestate #vancouverrealtor #sellinghomes #newyorkrealestate #newyorkrealtor #realtor (at Edmonton, Alberta) https://www.instagram.com/p/CcE1uFGL4sI/?igshid=NGJjMDIxMWI=

[hauptrealty]

Condos For Sale In Edmonton Alberta: Is It Worth The Hype?

In the vast landscape of Alberta's real estate, two contrasting yet equally enticing options stand out: condominium living in the heart of Edmonton and the sprawling acreages that dot the Alberta countryside. This blog delves into the diverse living experiences offered by condos for sale Edmonton and acreages for sale in Alberta, inviting prospective homeowners to explore the unique charm each has to offer.

Condos For Sale in Edmonton Alberta

Condominium Living in Edmonton

Condos for sale in Edmonton Alberta present an urban lifestyle marked by elegance and modern comfort. These residences frequently showcase modern designs, sleek finishes, and strategic locations that grant convenient access to the city's amenities, entertainment options, and cultural offerings. The appeal of condo living lies in the convenience of amenities and the low-maintenance lifestyle they afford.

Navigating the condo market in Edmonton is made smoother with the guidance of experienced realtors. These professionals understand the nuances of condo living, offering insights into specific developments, market trends, and the distinctive features that make each condominium unique.

Acreages For Sale Alberta

Acreages for sale Alberta offer a complete departure from urban living, presenting residents with expansive countryside retreats. These properties provide ample space for various pursuits, from establishing private estates and equestrian properties to creating sustainable farms. The allure of acreages lies in the freedom of customization and versatility they offer. Whether it's cultivating a sustainable lifestyle, enjoying a private oasis, or pursuing agricultural endeavors, acreages provide the canvas for turning rural dreams into reality.

Condos for sale in Edmonton Alberta and acreages for sale Alberta represent two distinct chapters in the book of real estate. Whether you're drawn to the dynamic urban energy of condominium living or the tranquility of expansive acreages, Alberta offers a diverse range of living options. As you navigate these contrasting landscapes, consider the lifestyle you envision and let the unique offerings of condos and acreages guide you toward finding the perfect place to call home in this vast and captivating province.

[ieseiic]

20 Reasons to Start a Real Estate Investing Syndication Business At this time

Before I started my multi-million dollar, kopar at newton condo shelling out syndication business a half decade ago, I was basically part of corporate America. In fact , I was the number #2 sales person for Research in Motion. I developed and even oversaw strategic alliances with some of the top consulting providers in the world including Accenture, Booz Allen Hamilton, Deloitte Referring with and EDS. Now, I am very grateful to SIDE for giving me the amazing opportunity to work within two of the world's most prominent self-made technology billionaire CEOs. However , I grew tired of wearing the "suit. " I didn't want to continue spending 60 for you to 80 hours a week working. I wanted the ability to start a business enterprise that would meet the following 19 criteria. 19 Reasons to start out a Real Estate Investing Syndication Business Now 1 . Commit just a few hours a day or week at work. With just simply 10 hours of effort into his first put up, my client, Robert Beagle closed his first real estate property syndication deal and made over $61, 000 through profits as a syndicator! 2 . Be your own boss. This implies you're working to make yourself rich - not someone else. 3. Wake up when you want to. Remember, you are your own boss. It's impossible to tell you (except maybe your spouse) that you can't rest until noon. 4. Not have to travel every week. I've transacted more than $14 million dollars in deals across 5 markets in North America without any airport hassles. 5. The capability to run almost everything from a laptop and phone. Within 5 weeks, my client Michelle Agar syndicated her 1st group of 5 investment properties in Edmonton, Alberta, money making her $269, 000 in profits! 6. Earn the exponential income. When you syndicate your investing business, a person generate a GREATER FREQUENCY of profit. Why? Because, syndicating your real estate investing business will enable you to systematize your corporation so deal making becomes a recurring cycle. Therefore you will have a repeatable business model that grows geometrically. 7. Apparel how you want. Since real estate investing syndication allows you to perform from your home office, you can work in your pajamas if you was going to! 8. Live a virtually tax-deductible life. Having a investment business will give you the greatest personal, business and real estate place a burden on advantages. 9. Do what you want, whenever you want. Again, you may be the boss! 10. Never be held down to a time full schedule. You can work as hard as you want for so long or as little as you want. 11. No need to write up an extensive enterprise plan. Thanks to real estate investing syndication, Tom Cooke not to mention Claudette Diaz now have $330, 000 in private dollars at their disposal. They generated $19, 026 on profits from the first deal they completed within their first of all 27 days of becoming syndicators. They have built a purchaser's list of over 500 investors, and set up a syndication business in another city they've never visited prior to! 12. Have an abundance of customers wherever your business travels. For example , if you joined my real estate investing syndication 'network ', you'd connect with a pre-existing network of more buyers in 7 countries on 5 continents who want to guidance investors like you joint venture on investing deals on an recurring basis. 13. Your business won't be tied to economic cycles. A large number of real estate investors are now saying that the real estate investing current market is dead. Why? Because they can't find deals. Individuals aren't attracting buyers. They can't get their hands on enough attainable cash to fund deals. Banks are not loaning money with them. However , if you change your business model to one of properties syndication, then you'll get direct access to all the cash you'll need. You can attract buyers and close more deals - despite the economy. 14. Produce MORE WEALTH in a short time of time. Remember, my business syndicated over 3 zillion dollars in profits in just 93 days. 15. Receive personally involved with little risk. When you syndicate your business, you then become a major player in the market without risking any of your own growth capital. You, as the real estate syndicator, put the deal together and also receive a significant share of the profits (between 20% plus 50%) without having to invest your own money. This allows you to give attention to multiple deals at one time. 16. Get started without any previous market place experience. My client portfolio includes teenage college students, the retired track & field coach, accountants, medical doctors, attorneys, a professional opera singer, sales executives, marketing executives, manuacturers and regular hard-working moms and dads who came aboard through full-time jobs. Do you think they had previous experience syndicating realty? No . 17. There is NO office politics. You don't have to worry about others, but you! 18. Have more family time. When you syndicate your organization, you get more done in less time. And, you will generate profits faster. This means you have more time and freedom for it to cost with your family, doing the things you absolutely love to achieve. 19. Ultimately, build a business that is focused on helping individuals while you rapidly build a 6-, 7- and 8-figure investment decision empire. We've proven that it can happen. So , don't you think it's time to start a real estate investing syndication business, as well as make money quickly during this "Perfect Real Estate Storm" of occasion?

[mkgarcia11]

The Top 6 Hidden Costs Of Buying A Home

As the second most affordable city in North America, it’s no wonder that many young Canadians and families are looking to purchase homes in Edmonton. Despite rising interest rates, the Edmonton real estate market is still among the most stable and affordable in Canada.

While it can be daunting to start looking for a new home, it’s very possible in today’s market to find that dream property at a competitive price. It’s all about doing your research and being prepared!

It’s not uncommon for new buyers to get so wrapped up in the excitement of purchasing a new home that they forget all about the hidden expenses of buying a home. 

From petty expenses like lunch after a faraway viewing and gas money to big-ticket items like the home inspection fees and property taxes, it’s essential to stay ahead of the buying game by budgeting for these costs.

Now, let’s dive into the granular expenses that homeowners can expect when purchasing a new home:

1. Necessary Repairs

A vital step of the buying experience is conducting a home inspection after negotiating an offer. Inspections help identify critical issues like roof repairs, electrical problems, inefficient HVAC systems, and more.

Usually, you negotiate the price upfront for things you can see, and the home inspection is there to look for things you cannot (eg- moisture behind a wall). While the discovery of some repairs may help to lower the asking price, a buyer may need to get these issues fixed before moving in.

Aside from these larger issues, buyers may need renovations to bring the home up to a liveable standard. They also may want to have certain things updated before they move in…no one wants to live in a construction zone!

2. Property Registration Fees

In Canada, municipal or provincial governments will typically dictate any property taxes.

Anyone who purchases property will have to pay to transfer ownership of the property to their name.

Luckily for those interested in Edmonton real estate, Alberta does not charge a land transfer tax – which slashes a hefty expense.

Instead, Alberta charges a property registration fee, which consists of the property value and the mortgage itself. To calculate your estimated property value, factor in a base of $50 plus an additional $2 for every $5,000 of the purchase price. The mortgage is another $50 base amount plus an additional $1.50 for every $5,000 of the purchase price.

3. Property Taxes

Buyers may need to pay a portion of the annual property taxes on top of the home cost.

Known as a property tax adjustment, this ensures that you pay taxes only for the allotted time you own the home. A buyer must pay the property taxes from the closing date to the end of the tax year. This could also mean reimbursing the seller if they have already paid these taxes.

Buyers who purchase their homes later in the year will have less time to save up for the following year’s property tax. While not an immediate expense for new homeowners, it’s not uncommon to be unprepared to prepare to pay a property tax bill after just moving in and paying for all these hidden costs of buying a home!

4. Legal Fees

Another expense often forgotten during the whirlwind process of purchasing a home is that of lawyer fees.

The amount of the fees will depend on the home’s purchase price and the lawyer or notary. The legal expenses also include ordering a title search and registering the title. 

Be sure to consult with your REALTOR® about their recommendations for legal

5. GST/HST

Once again, those interested in Edmonton real estate have it a little easier, as Alberta doesn’t charge a provincial sales tax.

Only buyers purchasing a new build or condo will need to pay GST. Even so, many rebates and exemptions are in place to help with this cost.

6. Homeowners Insurance

In most cases, mortgage lenders will require that you show proof of homeowners insurance before you take possession of a home. Proof of this insurance is required three business days before the closing date.

Buyers may need a full year of homeowners insurance up front for those who are paying home insurance through the mortgage lender. On average, annual policy fees for homeowners insurance ranges from $1,500-$3,000.

Every policy has different payment structures, and each mortgage lender has different requirements. When getting pre-approved for a mortgage, be sure to ask about these requirements.

Besides the typical homeowner’s insurance, buyers may also want to consider title, mortgage, or term life insurance, which can further increase those hidden costs of buying a home.

Although not as significant as a sales tax, it’s still worth noting that buyers will also have to pay GST on transactions like legal fees.

Contact Jeneen Today!

Have more questions regarding the intricacies of home purchasing? I’m here to make the process as smooth as possible! As one of Edmonton’s top REALTORS®, I want to work with you to find your new dream property.

Contact Jeneen by phone at (780) 904-4240 or via email at jeneens@remax.net.

[activelistings-blog]

Edmonton Real Estate: Homes & Condos for sale in Edmonton

Are you searching for #home for #sale in #Edmonton?

PRICED TO SELL! Check out this amazing 2200 Sq Ft masterpiece in Walker, Southeast Edmonton. Natural Hardwood, Stainless Steel Appliances, Composite Deck in the West Facing Backyard, this property won't last long! Call now to book a private showing!

For More details visit our website: https://www.realtor.ca/Residential/Single-Family/18617751/1734-63A-ST-SW-Edmonton-Alberta-T6X0R8-Walker

[rentwell-blog]

The Biggest Question – Renting or Buying a Property

When you are thinking about the various choices for your living circumstance, it generally returns to one noteworthy decision - would it be a good idea for you to purchase a property, or rent one? There are significant contrasts between the two alternatives, and both have their advantages and disadvantages.

 In the event that you purchase a home or townhouse, you have a ton of choices open to you. Not exclusively are their lodging units and condominiums available to be purchased in many neighborhoods, you can likewise live in zones where there basically are no condos, for example, country settings. Property proprietors likewise have the advantage of having the option to modify their living arrangement to suit their character, including painting and other restorative contrasts, just as increasingly major auxiliary changes that should be possible. On the drawback, mortgage holders are required to do the majority of their own property support, and townhouse proprietors should pay into a gathering asset to cover any issues that may emerge for the structure. Possession will likewise imply that you will be burdened on the property.

On the off chance that you choose rather to find apartments for rent edmonton  , you will have a level of opportunity that most mortgage holders won't probably coordinate. In the event that you feel worn out on a present rental circumstance, you can essentially give the rent a chance to lapse, and proceed onward to another chance. Any upkeep or fixes that should be done to the unit or the structure won't be your obligation, and the month to month costs will in general be marginally lower than the cost of a home loan installment. Negatives that accompany leasing your living arrangement incorporate the capacity to be ousted from your space for any number of reasons, and a specific absence of command over the commotion that may fight against eminent loss shared dividers - an issue mortgage holders don't need to manage. All in all, which one is the better choice? Everything relies upon what you need in a living space as of now in your life.

RentWell is Alberta wide online platform for property rental listings that helps landlords and property management companies to list their house or apartment rentals free and rent it faster to great tenants!

[bentleyluxury-blog]

Find the Best Edmonton Condo for Sale Today!

Live an Elegant Life in the Beautiful Bentley Luxury Condos

Where you live is one of the most important parts of your life and can greatly influence your daily mood. Of course, everyone dreams of living in a luxury home full of amenities and in a great location. It may seem impossible to get the living experience you want at a rate that fits your budget. However, new condominiums are featuring luxury amenities that you will love.

If you live in or near Edmonton, you know how amazing homes in the area are and you may have seen the new condominiums that are being built there. These new homes exude class and are called the Bentley Luxury Condos. If you have not already guessed it from the name, these homes are full of luxury amenities that makes them stand out from others in the area. They combine European elegance and state-of-the-art contemporary design to give you the best living experience possible.

The luxury starts from the outside with its solid concrete and steel construction, ensuring the building has longevity and durability. The Bentley Luxury Condos elegant exterior is complete with a brick and stone building envelope, which makes it beautiful to those passing by. The building itself features over sized windows and curtain walls, providing optimum views of the surrounding Edmonton area. However, these windows are triple glazed to provide energy efficiency.

This amazing luxury continues into the inside of the homes with their sleek contemporary designs and attention to detail finishes throughout, which are bound to catch your eye. Each home has quality hardwood flooring throughout that is easy to care for and beautiful to look at. The bedrooms have a beautiful plush carpeting, enhancing their comfortability and visual appeal of the rooms. Overall, these homes are built to impress and something that anyone would be proud to live in for years and years to come!

“We wanted our Bentley Luxury Condos to stand out in even the most prestigious of neighborhoods like those found in the beautiful Edmonton area. This is why we offer cutting-edge designs and a multitude of finishing options that you can choose from. You can easily personalize your level of luxury, designing the home you have always dreamed of and want to live in. To tour the remaining homes we have available, please feel free to contact us today.” states Reg Liyanage, Executive Vice President of the company.

About Us: Bentley Luxury Condos are new condominiums located in the exclusive Windsor Park area of Edmonton. These luxury condos feature the finest European elegance and contemporary design. The attention to detail and quality finish of these condos will impress even the most critical of customers. They are located conveniently close to the University of Alberta, multiple parks, golf courses, boutiques, and more. The exterior of the building is made to last from concrete and steel with an elegant brick and stone overlay. The large, beautiful windows will offer an amazing view of the town to residents. There are a variety of features and upgrades that are personalized to fit customers’ needs. All condos are state of the art and wired with the internet. To learn more about purchasing one of these amazing condominiums, visit http://bentleyluxurycondos.ca

[looprealestateteam]

Want to buy a house in Edmonton? Have a home for sale? Selling a Home in Edmonton? Search all houses for sale, condos or townhouses to find … | Realtor

Want to buy a house in Edmonton? Have a home for sale? Selling a Home in Edmonton? Search all houses for sale, condos or townhouses to find the best homes for sale in Edmonton, Alberta with Canada's #1 Real Estate Brand Loop Real Estate Call Now : +1 780 965 5208 from Diigo https://ift.tt/2xuRnF1 via IFTTT