This project was created by Janna Bradshaw and Stephanie Kovach in partnership with Edmonton HQ. 

OVERVIEW 

The following is an analysis of neighbourhood livability in Edmonton for millennials, which are those buyers aged 18-35. This analysis was completed using positive factors that increase neighbourhood livability and negative factors that detract from neighbourhood livability using a variety of metrics deemed desirable for young adults looking to buy their first homes.

 FACTORS
1.     Transportation: bike, bus, LRT
2.     Leisure and Culture: arenas, ball diamonds, golf courses, swimming pools, playgrounds, recreation centres, sports fields, public art, public libraries
3.     Natural Environment and Public Open Space: parks, sports fields
4.    …

2725 Views, 0 Comments

Read Full Post



With no change in the economic climate, Calgary’s sales activity totalled 1,272 units in September, a 13 per cent decline over the previous year and well below long-term averages. There was a pullback in sales across all product types, most notably the detached market.

“Calgary’s economy continues to struggle with unemployment, which rose again last month to over eight per cent. Concerns in the employment market, higher lending rates and shaken confidence are weighing on housing demand,” said CREB® chief economist Ann-Marie Lurie.

“At the same time, supply levels continue to remain high, resulting in persistent oversupply and price declines.”

Inventories totaled 7,941 units, pushing the months of supply to 6.25. This continuation in oversupply…

2090 Views, 0 Comments

Read Full Post

City of Calgary, October 1, 2018 – With no change in the economic climate, Calgary's sales activity totaled 1,272 units in September, a 13 per cent decline over the previous year and well below long-term averages. There was a pullback in sales across all product types, most notably the detached market.

"Calgary's economy continues to struggle with unemployment, which rose again last month to over eight per cent. Concerns in the employment market, higher lending rates and shaken confidence are weighing on housing demand," said CREB® chief economist Ann-Marie Lurie. 

"At the same time, supply levels continue to remain high, resulting in persistent oversupply and price declines." 

Inventories totaled 7,941 units, pushing the months of supply to…

2870 Views, 0 Comments

Read Full Post

A Calgary condo purchase income guide

Many would-be homebuyers find the home of their dreams, only to wonder, “can I afford it?” Canada Mortgage and Housing Corp., as well as many major banks, recommend spending no more than 30 per cent of income on housing, including mortgage (principal and interest), property taxes, insurance and utilities. To help, we did the math for a typical apartment-style condo in each region of the city.


City Centre

  • Required Down Payment: $14,261
  • Recommended Household Income: $66,240

North East

  • Required Down Payment: $11,184
  • Recommended Household Income: $52,880

West

  • Required Down Payment: $12,264
  • Recommended Household Income: $57,600

South

  • Required Down Payment: $11,228
    • …

2270 Views, 0 Comments

Read Full Post

I just finished uploading this House for sale, 12716 134 Street, Edmonton, Alberta

Gutted and renovated. This House has been professionally renovated with new almost everything! New flooring, trim, paint, layout, bathrooms, tile, fixtures, lighting, appliances and much more. A lot of detailing went in to this property including the style and the colour choices. Professional landscaping in the front and back the property itself is large and very beautiful. This home comes with a massive oversized double detached garage with new power garage doors! Rv parking and a huge parking pad also included great for all of your toys. Beautiful tilework throughout gives a luxury finish.Ensuite bathroom + 1 other bathroom/ Luxurious makeup area in master and floor to…

2562 Views, 0 Comments

Read Full Post

Experts say you should buy a home with your head and not your heart, but it’s easy to get caught up in the excitement when you find a home that seems perfect for you.

That’s why a home inspection is a crucial step. It can uncover problems that might require walking away from a potential purchase, or at least mean reassessing your offer.

According to Jared McIntyre, a home inspector with Canadian Property Inspections Ltd. and REALTOR® with Redline Real Estate Group, these are five red flags a home inspection might uncover:

Foundation issues
Since the foundation is literally what holds up a house, McIntyre says this is an enormous potential red flag. Settling of a foundation is one kind of problem, but another is underground water seepage. Both can…

2335 Views, 0 Comments

Read Full Post