Edmonton Neighbourhoods • 11 March 2023

Chappelle, A Vibrant and Desirable Neighbourhood in Edmonton, AB

by Christina Reid

Edmonton, AB is known for its diverse neighbourhoods, each with their own unique character and charm. One neighbourhood that has been gaining attention in recent years is Chappelle. Located in southwest Edmonton, Chappelle is a master-planned community that offers a modern, vibrant lifestyle with plenty of amenities and green spaces. In this blog, we’ll explore what makes Chappelle a hidden gem in Edmonton’s real estate market.

Location and Accessibility

Chappelle is located just off the Anthony Henday Drive and Ellerslie Road, providing easy access to major roads and highways. This makes it easy to get around Edmonton and the surrounding areas, whether you’re commuting to work or exploring the city. Plus, with public transit options nearby, getting to downtown Edmonton is a breeze.

Amenities

One of the biggest draws of Chappelle is its abundance of amenities. The neighbourhood features a variety of shops, restaurants, and services, including a grocery store, pharmacy, and medical clinic. For fitness enthusiasts, there are numerous parks and trails for walking, jogging, and cycling. And for families, there are several schools in the area, as well as playgrounds and recreational facilities.

Community Spirit

Chappelle has a strong sense of community, with numerous events and activities throughout the year that bring neighbours together. From farmers markets to movie nights in the park, there’s always something going on in Chappelle. Plus, the community has its own resident association that works to foster a sense of belonging and engagement among residents.

Housing Options

Chappelle offers a wide range of housing options to suit every budget and lifestyle. From spacious single-family homes to modern townhomes and condos, there’s something for everyone in Chappelle. Plus, with numerous builders in the area, homebuyers have plenty of options to choose from.

Real Estate Market

The real estate market in Chappelle is strong, with steady growth in home values over the past few years. With its convenient location, strong sense of community, and abundance of amenities, Chappelle is a neighbourhood that is sure to continue to attract homebuyers.

Chappelle is a hidden gem in Edmonton’s real estate market, offering a modern, vibrant lifestyle with plenty of amenities and green spaces. Whether you’re a young professional, a family with children, or a retiree looking for a peaceful neighbourhood to call home, Chappelle has something to offer. So why not consider making Chappelle your next home?

Edmonton Neighbourhoods • 11 March 2023

Glenridding: A Thriving Neighbourhood in Edmonton, AB

by Christina Reid

As one of the fastest-growing cities in Canada, Edmonton is home to numerous neighbourhoods with unique characteristics and offerings. One such neighbourhood that has gained attention in recent years is Glenridding, located in southwest Edmonton.

Glenridding is a relatively new neighbourhood, with most of its development taking place in the last decade. It is bordered by Anthony Henday Drive to the west, 170 Street to the east, Ellerslie Road to the north, and 41 Avenue to the south. The neighbourhood is named after Glenridding Ravine, a nearby natural area that features a creek and plenty of green space.

One of the most attractive features of Glenridding is its convenient location. The neighbourhood is situated close to major transportation routes, making it easy to get around Edmonton and beyond. Anthony Henday Drive provides quick access to other parts of the city, and Edmonton International Airport is just a short drive away.

Glenridding also boasts a range of amenities and services that make it a great place to live. The neighbourhood is close to several schools, including Dr. Margaret-Ann Armour School, a K-9 public school that offers French immersion. There are also several parks and green spaces in the area, such as Glenridding Park, which features a playground and sports fields.

For those who enjoy shopping and dining out, Glenridding has plenty to offer. The neighbourhood is located close to several major shopping centres, including Currents of Windermere and South Edmonton Common. There are also several restaurants and cafes in the area, catering to a variety of tastes and preferences.

Another factor that makes Glenridding an attractive neighbourhood is its diverse housing options. The area features a mix of single-family homes, townhouses, and condominiums, providing plenty of options for buyers with different needs and budgets. Additionally, many of the homes in Glenridding are new, featuring modern designs and amenities.

Overall, Glenridding is a thriving neighbourhood in Edmonton that offers a great quality of life for residents. With its convenient location, diverse housing options, and range of amenities, it’s easy to see why this area has become a popular choice for those looking to buy a home in Edmonton.

Edmonton Neighbourhoods • 11 March 2023

Discovering Keswick: A Guide to Edmonton’s Premier Neighbourhood

by Christina Reid

Edmonton, Alberta is a vibrant city with a diverse range of neighbourhoods. One of its premier neighbourhoods is Keswick, located in the Windermere area of Southwest Edmonton. Keswick offers a high quality of life, beautiful natural surroundings, and easy access to all the amenities you need. In this blog, we’ll explore why Keswick is a top choice for homebuyers looking for luxury and convenience in Edmonton’s real estate market.

Location and Accessibility

Keswick is located just south of the North Saskatchewan River and west of the Anthony Henday Drive, offering easy access to downtown Edmonton and other parts of the city. It’s also located near major transportation arteries such as Terwillegar Drive and Ellerslie Road, making it easy to get around the city.

Nature and Parks

One of the biggest draws of Keswick is its beautiful natural surroundings. The neighbourhood is situated along the North Saskatchewan River Valley, offering stunning views and a variety of outdoor activities. The River Valley is home to over 20 parks, including the nearby Terwillegar Park, which boasts over 186 hectares of nature trails, picnic areas, and off-leash dog areas. The neighbourhood is also just a short drive away from the world-renowned Elk Island National Park.

Luxury Homes

Keswick is a premier neighbourhood that offers luxurious homes and upscale living. The area features a mix of traditional and modern architecture, with homes ranging from estate homes to spacious townhouses. Many of the homes in Keswick offer beautiful views of the North Saskatchewan River Valley, and the neighbourhood is known for its elegant streetscapes and high-end finishes.

Amenities

Keswick is just a short drive away from all the amenities you need. The neighbourhood is located near several shopping centres, including the Currents of Windermere, which features a variety of restaurants, stores, and services. There are also several schools in the area, including t2 new schools Jan Carr Catholic and Joey Moss Public K-9, making Keswick a popular choice for families.

Final Thoughts

Keswick is a premier neighbourhood in Edmonton that offers a high quality of life, beautiful natural surroundings, and easy access to all the amenities you need. Whether you’re looking for luxury homes or a family-friendly community, Keswick has something for everyone. If you’re considering a move to Edmonton, be sure to put Keswick at the top of your list.

Edmonton Neighbourhoods • 11 March 2023

The Orchards: A Serene Neighbourhood in Edmonton, AB

by Christina Reid

Edmonton, AB boasts of a plethora of neighbourhoods that each possesses their unique allure and identity, and among these is The Orchards. This master-planned community, located in the southeast of the city, provides a comfortable and tranquil living experience for its residents. In this article, we’ll delve deeper into what makes The Orchards an irresistible neighbourhood for homebuyers and why it should be on your radar for your next home.

Accessibility and Location

The Orchards’ strategic location in the southeast of Edmonton makes it easy to access from any part of the city. The neighbourhood is bounded by 66th Street to the east, 25th Avenue to the north, and Anthony Henday Drive to the south and west, which provides easy access to other areas in the city. This makes it a perfect location for professionals who work in other parts of the city, as they can conveniently commute to and from work.

Amenities and Services

The abundance of amenities and services available to residents is one of The Orchards’ main attractions. The neighbourhood features a wide range of commercial establishments, restaurants, and shops, making it easy for residents to access everything they need without having to leave the area. The Orchards also boasts of several green spaces, such as a 12-acre park, an urban village park, and a central park with a playground, picnic area, and sports fields.

Housing Options

The Orchards provides various housing options suitable for everyone’s needs and budget. The neighbourhood has a blend of single-family homes, apartments, and townhouses, catering to everyone’s preferences. The homes in The Orchards are designed to be energy-efficient, and the neighbourhood has ample sidewalks and bike paths, making it pedestrian-friendly. Additionally, several schools are within the neighbourhood, making it an excellent option for families with children.

Community Spirit

The Orchards is known for its strong sense of community, with residents coming together to celebrate holidays, hold garage sales, and organize events. The community association spearheads several events throughout the year, such as an annual summer BBQ and a winter festival, bringing residents together to socialize and foster lasting relationships.

In conclusion, The Orchards is a remarkable neighbourhood in Edmonton, AB, with numerous benefits for its residents. Its convenient location, abundance of amenities and services, and strong sense of community make it a desirable place to live. If you’re looking to buy a home in Edmonton, AB, The Orchards should be at the top of your list – it’s a neighbourhood that won’t disappoint!

Edmonton Guidelines & Programs • 4 February 2023

BUYING OR SELLING? DON’T MISS YOUR CHANCE TO WIN A 2023 CHEVROLET TRAILBLAZER!

by Christina Reid

BUYING OR SELLING?
DON’T MISS YOUR CHANCE TO WIN A 2023 CHEVROLET TRAILBLAZER!

Rural Strathcona County Real Estate: Market Trends and Investment Opportunities • 26 August 2022

Rural Strathcona County Real Estate Acreage Sales Statistics – May 2023

by Christina Reid

Bar graphs are interactive

59 new acreage listings in Strathcona County came on to MLS® in May of 2023The average list price of the listings was $1.03M 44 properties sold in Rural Strathcona County an increase of 7% over last year May The average sales price is up 8.77% from last year to $787k Homes in Rural Strathcona are on MLS® for an average of 89 days up from last year where they were only on for 44 days before selling.

Edmonton Neighbourhoods • 19 May 2022

Search crime trends in neighbourhoods and city wards.

by Christina Reid

Search crime trends in neighbourhoods and city wards.

The Edmonton community safety data portal, Search crime trends in neighbourhoods and city wards. You can compare neighbourhood data and export to a spreadsheet.

Explore this interactive platform providing access to data including crime statistics and trends occurring in Edmonton neighbourhoods. It offers increased transparency into policing activities and encourages public engagement so that we may build stronger and safer communities together.

EPS hopes the Community Safety Data Portal will enable the public to take an active role in community safety and crime prevention.

To view the Community Safety Map click here.

Important Definitions

Call for Service: A citizen or police generated call that results in an event. These situations are fluid and emotionally charged and initial complainant accounts are often fractured, evolving and lacking context. Changing dynamics may result in changes in both priority of dispatch and event type over the course of a call (e.g. event type at dispatch is Trouble with Person but changes to an event type of Assault upon arrival and evaluation by an EPS member).

Occurrence: An incident or a series of connected incidents reported to police that results in the creation of a police report. An occurrence can be criminal requiring investigation or non-criminal requiring follow-up.

Edmonton Real Estate Market Trends and Insights • 2 March 2022

Residential Statistics City of Edmonton February 2022

by Christina Reid

RESIDENTIAL STATISTICS CITY OF EDMONTON February 2022

The REALTORS® Association of Edmonton has released the February 2022 Residential Statistics – City of Edmonton. The Edmonton Home Market is in high demand as inventory levels fall dramatically! Residential home sales in February of 2022 went up 56.8% (609) homes from February 2021. Average home sale price was $410,508. Prices saw an increase of $37,096 from last February that’s an increase of 3.2% year-over-year. Average days on market is sitting at 47 days.

New listings for the month of February came in at 2276 up 21.6% from last year.

The selling price of single family home is at $501,425 up 12.2% from last year and had 1000 sales. Duplexes and row housing sold 223 homes, with prices up 10.2% to an average of $389,152. 428 Condos sold at an increase in price of 3.2% to an average of $220,066.

MORTGAGE QUALIFICATION CHANGES

The Bank of Canada has raised its key interest rate for the first time since slashing the benchmark rate to near-zero at the start of the COVID-19 pandemic, in a bid to tackle inflation rates that are likely to keep rising from their current three-decade high.

The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent on Wednesday in a bid to help fight inflation, which is at its highest level since 1991.

The move prompted Royal Bank and TD to raise their prime lending rates — and other big banks were expected to follow — to increase the cost of loans such as variable-rate mortgages that are linked to the central bank’s benchmark rate.

According to Ratehub.ca’s calculations, a household with an annual income of $100,000 and a 20 percent down payment – with a 5-year fixed mortgage rate of 1.78 percent amortized over 30 years – would qualify for a home valued at $651,000 under today’s 4.79 percent qualifying rate. Under the new stress test rate of 5.25 percent, the same household’s maximum affordability would decrease to $618,000. That’s a difference of $33,000 (or 5 percent).

READY TO MAKE A MOVE

Looking to make a move in Edmonton’s housing market? CLICK HERE to get a free home evaluation. Start home search by CLICKING HERE.

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February 2022 Residential Statistics City of Edmonton. Click Image for Full Report.

February 2022 Residential Statistics City of Edmonton MLS® Home Price Index

For more information on the Canadian Real Estate Associations MLS® Home Price Index CLICK HERE

Edmonton Real Estate Market Trends and Insights • 2 March 2022

Residential Statistics City of Edmonton January 2022

by Christina Reid

RESIDENTIAL STATISTICS CITY OF EDMONTON January 2022

The REALTORS® Association of Edmonton has released the January 2022 Residential Statistics – City of Edmonton. The Edmonton Home Market is HOT as inventory levels fall dramatically! Residential home sales in January of 2022 went up 19.8% (164) homes from January 2021. Average home sale price was $375,538. Prices saw an increase of $11,713 from last January that’s an increase of 3.2% year-over-year. Average days on market is sitting at 59 days.

New listings for the month of January came in at 1682 down 11 homes from last year.

The selling price of single family home is at $451,054 up 3.3% from last year and had 576 sales. Duplexes and row housing sold 124 homes, with prices up 7.9% to an average of $368,792. Condos sold at an increase in price of 3.2% to an average of $220,478.

MORTGAGE QUALIFICATION CHANGES

Mortgage rate forecast for Q4 2021: Inflation is expecting the mortgage rates to get pushed up. The markets are anticipating the Bank of Canada will raise interest rates six times in 2022, starting in March. Those that are prequalified on their mortgage approval are seeking to get into the market before interest rates go up. New mortgage qualification rules went into effect June 1, 2021. The new minimum qualifying rate for uninsured mortgages will be the contracted rate plus 2 percent or 5.25 percent – whichever is higher. That’s up from the current qualifying rate of 4.79 percent.

READY TO MAKE A MOVE

Looking to make a move in Edmonton’s housing market? CLICK HERE to get a free home evaluation. Start home search by CLICKING HERE.

January-2022-Residential-Statistics-City-of-Edmonton

January 2022 Residential Statistics- City of Edmonton MLS® Home Price Index

For more information on the Canadian Real Estate Associations MLS® Home Price Index CLICK HERE

Edmonton Real Estate Market Trends and Insights • 2 March 2022

Residential Statistics City of Edmonton December 2021

by Christina Reid

RESIDENTIAL STATISTICS CITY OF EDMONTON December 2021

The REALTORS® Association of Edmonton has released the December 2021 Residential Statistics – City of Edmonton. Home sales in Edmonton were up significantly to same time last year. 968 residential home sales in December of 2021 up 20.5% (165) homes from December 2020. Average home sale price was $379,860. Prices saw an increase of $22,948 from last December that’s an increase of 6.4% year-over-year. Average days on market is sitting at 54 days.

New listings for the month of December came in at 1053 up 137 homes from last year.

The selling price of single family home is at $471,705 up 9.4% from last year. Duplexes and row housing prices are up 9.5% to an average of $368,041. Condo sales saw a decrease in price of -5.9% to an average of $201,752.

MORTGAGE QUALIFICATION CHANGES

READY TO MAKE A MOVE

Looking to make a move in Edmonton’s housing market? CLICK HERE to get a free home evaluation. Start home search by CLICKING HERE.

December 2021 Residential Statistics City of Edmonton Click Photo For Full Report.

December 2021 Residential Statistics- City of Edmonton MLS®Home Price Index

For more information on the Canadian Real Estate Associations MLS® Home Price Index CLICK HERE