So, it’s finally time for you to stop renting, join the Edmonton-home-owners-society. Sure, sounds exciting! But here’s one of the burning questions that other would-be Edmonton home owners like to be answered; what is better, owning a condo or a house?
Today, we’d like to kick off Monday by finally putting our own two-cents into the answer-bucket.
Note: Remember to check out the newly listed Homes For Sale in Edmonton through the Edmonton MLS Listings.
Okay, both real estate properties offer pros and cons. Let’s break it down here.
LOCATION. LOCATION. LOCATION. Condominiums are often located close or inside the city of Edmonton itself, which is good if you do not wish to commute, while houses are usually built with a little distance
Interesting news coming out thestar.com. In an article entitled Condo boom has helped stabilize housing market: CIBC, which was published last 25 June, the report talks about the effects of condominium sales to the real estate industry across the country. Find out how this can effect Homes For Sale in Edmonton in Edmonton.
You can read the full article here:
The booming condo market has so far been a stabilizing, rather than a destabilizing, force in Canada’s housing landscape – an affordable safety valve for first-time buyers, renters and newcomers.
But demand appears to be moderating and the number of new units could soon outstrip demand by some 2,000 units a year, which could depress both condo values and rents and create “a wave of
Most people would argue that the perfect location of your home will bring in more money to your bank account. Sorry to burst your bubble, but that is in correct. Maybe in the 80’s that would’ve been the case, but not entirely in this era.
What will make more money for a beautiful Home For Sale in Edmonton is marketing.
Most of the homes for sale in Edmonton listed on the Edmonton MLS Listings are being marketed by full-time professionals hired by real estate agents.
Marketing is the key to getting more out of the property. How? Simple! A home that is priced a notch higher than the competition and is being marketed perfectly online will attract more leads. More leads will mean more offer. More offer
We start with defining a buyers’ market. A buyers’ market is simply the type of market environment where Homes For Sale in Edmonton greatly outnumber Edmonton home buyers. The number of listings on the Edmonton MLS is greater than the number of people that’s willing to buy.
Supply > Demand.
I hope that definition made sense. In this kind of market environment, buyers have the upper hand (for obvious reasons). Many real estate “experts” view this situation as a not-so-good time to sell. Well, let us be the first to tell you that in whatever market you are in, there are and will always be buyers! It will all depend on you and your agent’s skill and ability. Team Leading Edge have consistently sold properties in all kinds of market; whether it’s a
Feeling optimistic about the market? Well, you should be!
Team Leading Edge, Senior Partner, Serge will help you get a clearer picture of the current real estate market environment. Homes for sale in Edmonton have increased despite the world oil crisis-that's says alot! We'll let Serge explain the rest.
The Edmonton real estate market is abundant with properties that would provide attractive returns to any investors who know how to get it. In our Edmonton Real Estate Market Weekly Update: June 12 - 19, 2015, we reported that “Average Listing Price took a slump going down -2.54 to $481,063 while Average Sales Price also took a downturn, ending at $438,025.”
You should take this as a cue to start investing in Edmonton investment properties while prices are low.
For a list of all Homes For Sale in Edmonton, visit our Edmonton MLS Listings page.
Okay, while we’re optimistic about the overall real estate market, we’ve decided to make a list today detailing the mistakes most Edmonton real estate investors make.
This past week saw a spike in the number of New Listings bringing the tally to 404, 33.77% higher than compared to the May 16-22 data. Average Listing Price took a slump going down -2.54 to $481,063 while Average Sales Price also took a downturn, ending at