Edmonton most affordable market in Canada for single buyers, says report – Edmonton Journal

Edmonton housing sales, prices go up slightly in January: report – Edmonton Journal

Landmark Edmonton House apartment tower for sale – Real Estate News Exchange

Housing market stabilizing in St. Albert – St. Albert Today

Average Canadian house price hit $504,350 last month, up 11% in past year – CBC

Hydro and Indoor Gardens

Get your green thumb going even before all that snow melts

Whether you enjoy cannabis or not, its legalization in Canada has brought some great, new products to the marketplace. You can now buy hydrogardens, for example. They let you grow plants indoors, in a water solution with air bubbles and nutrients but no soil! The roots dangle in the water.

Available for retail purchase through many home improvement retailers, these small, hard-working systems can help you produce healthy, organic lettuce and other veggies and herbs year-round in your kitchen!

Or, if you’d prefer, watch beautiful flowers bloom inside your rooms while the Spring snow continues to fly outside the window.

Canada’s hot apartment sector: Building boom, rising rents – Real Estate News Exchange

Stress test ‘killed’ Edmonton housing market: realtors association – Edmonton Journal

$30M redevelopment for Manulife Place in Edmonton – Real Estate News Exchange

Developer offers $125,000 to best business pitch for Stadium Yards – Edmonton Journal

How does the housing forecast look for 2020? Based on what economists and leading industry experts are predicting, we should see slight growth in the upcoming year. Although oil prices are not foreseen to go up, investments and exports should drive up the GDP. With less housing starts and interest rates not expected to rise much, Edmonton’s housing market should see a “modest” boost. Lower inventory, rising sales and quarter-over-quarter price stability indicate positive times to come.

Prediction of Home Sales:

Single family homes ^ 0.4%

Condominiums ^ 0.2%

Duplexes ^ 0.2%

Prediction of Average Sale Price:

Single family homes ^ 0.6%

Condominiums ^ 0.6%

Duplexes ^ 1.4%

Some experts believe that 2019 was the bottom of a cyclical market which means it is still a great time to buy. But remember that the right price, good advertising and beautiful staging can all help to ensure you can still sell fast for a good price… regardless of what the stats might be saying!

When you think luxury property, what comes to mind?

• IMAX home theatres
• Superspa home gyms
• Fleets of supercars and other premium vehicles
• Showroom-style, glass-walled, multi-level, multi-car garages
• Indoor/outdoor infinity pools with waterfalls and waterslides
• Boutique-style walk-in closets that double as fashion party venues
• Every type of specialty bar (from Irish Pub to Health Bar)
• Park-like landscaping with high-end outdoor sound systems and lighting
• Outdoor kitchens (with seasonal covers) featuring world class grilling equipment
• Pool halls with arcades and DJ booths
• State-of-the-art smart home operating and security systems
• Top-of-the-line weather-proof doors and windows with adjustable tints
• Elevators with panoramic views

In Edmonton, luxury real estate often means historical as well as modern mansions on expansive properties with views of the downtown city skyline, the North Saskatchewan River or the river valley’s parkland, which, stretching for 25 km is the longest area of connected parks in North America.

The luxury category here (depending on who you ask, of course) starts at approximately $1 Million. Some of the highest-priced real estate to be found in Edmonton is in the neighbourhoods of Westridge (average active listing price of $3,650,000); Wedgewood Heights ($3,465,580); Brander Gardens ($3,429,333); Richford ($3,250,000) and Windsor Park ($2,301,273).

Also popular in Edmonton at the moment, as far as luxury features go:

• Soaring ceilings and state-of-the-art skylights
• Beautiful, open (and sometimes flexible) floorplans
• Massive, high-end windows with stunning views and smart tint control
• All architectural styles
• The finest materials, such as (Italian) Carrara marble
• Environmentally-conscious monitoring systems

Here’s a sample luxury mortgage calculation for your monthly payment:

Have you ever been curious to see what the most expensive homes have sold for? Here are the top 5 listings in Edmonton and surrounding areas. Definitely a must see!

For more photos and info on 2, 27509 TWP RD 540 click here.

For more photos and info on 50320 Highway 814 click here.

For more photos and info on 19 Wedgewood Cr. NW click here.

For more photos and info on 16 Windermere Dr. SW click here.