Timing is one of the key factors when it comes to purchasing real estate. The key to making money is buy low, sell high and real estate is no exception. RE/MAX.ca has just unleashed Canada’s Housing Market Outlook for 2017 and Edmonton is doing well. If you have been considering "up-sizing", now is a great time to invest before Edmonton's real estate market soars again.
Detached, single-family homes are the most sought after property type in Edmonton, and older homes in mature neighbourhoods typically receive multiple offers as a result of low inventory. A wide variety of inventory across the rest of the market provides good opportunities to move-up buyers who drive demand in Edmonton.
Stable prices have created good value in the upper-end of the market, resulting in 33 properties selling for over a million dollars in the first quarter of 2017. New approvals for high-rise condo developments in Edmonton’s downtown core and the Whyte Avenue district are expected to fuel condo market activity in the region moving forward.
The housing markets in Calgary and Edmonton remained relatively stable, with moderate declines in the number of sales and average residential sale price as a result of the prolonged recovery of the oil sector over the past two years. The average residential sale price in Edmonton decreased slightly, by two per cent year-over-year in 2016, while Calgary’s average residential sale price decreased by four per cent. Buyer activity is expected to pick up slightly in the second half of 2017 if employment opportunities in the oil sector continue to gradually come back to the province.
Highlites of Edmonton's real estate market for the first quater of 2017 include the stability of home prices, an increase of multi-million dollar homes being sold, more infills being built and several multiple offers on single family detached homes. Way to go Alberta!
Located on a quiet street, this 3 bedroom 4 level split home has plenty of features throughout. Main floor entry opens to living room and flows to the dining area and full kitchen with all included appliances. Upstairs are the 3 good size bedrooms and full bathroom. Downstairs is the large family room with 2 bright windows, wood detail work & corner wet bar. Perfect family room! Basement is divided into 2 rooms - large laundry & utility room with included washer and dryer & on the other side a storage room which could be converted to a hobby room or a man cave! The double car garage measures 24' x 24' has double doors, is insulated and has 220 VAC panel, perfect for a workshop. Full fenced yard completes this home. If you are looking for an excellent starter home in the family community of Gibbons, this should be ranked number one on your must see list!
Bedrock Homes 2014 built, 3 bed, 2.5 bath luxury half duplex in Fraser Vista -NO CONDO FEES- Open concept floor plan with kitchen featuring quartz counter tops, large island with breakfast bar and stainless steel appliances. Living room & dining area has hardwood flooring with tile flooring in the wet areas including main floor laundry. Upstairs is the huge master bedroom with ensuite and large walkin closet plus a flex/bonus area loft. The two other bedrooms are also an excellent size. Basement is roughed-in for a bathroom and has an sensible layout for another bedroom & family room. With easy access to Anthony Henday & Manning Freeway, shopping, public transit and schools. Safe and quiet neighbourhood with wide open spacious streets & fully fenced backyard with deck. Fantastic location, amazing condition, perfect price.
You will be totally impressed with this beautiful 2 bed, 2 bath, 958 sq ft top floor corner unit condo. This home features a functional galley kitchen with a newer back splash, built in dishwasher, microwave above stove and plenty of cabinet & counter space. Spacious dining area boasts loads of light from its large window and patio door. Living room is a the perfect size and has a large window that opens for plenty of natural light. Master bedroom features a walk through closet & 3 piece ensuite. Second bedroom is also a good size! See the fantastic view from this 4th floor wraparound balcony just off the dining area. Other features are newer laminate, kitchen touchless taps, insuite laundry with storage & gas BBQ line. Titled underground parking stall & one energized assigned parking stall complete this home. Complex is small pet friendly (sorry, no dogs), has a party room with kitchenette & fitness center. Just blocks from downtown Morinville & highway access, this home shows great & priced right!
Audrey Abuan & Mike Muranetz have sold another property in Terwillegar Towne, Edmonton.
1840 Tufford Way, located on a super quite street in the heart of Terwillegar Towne walking distance to the popular Terwillegar Recreation Center, perfect for families! As you step into this meticulous home from the country veranda, you are greeted in the foyer with a main floor open concept featuring a massive living room with large windows to let in the sunlight. Keep warm in the winter by the cozy fire place in the living room and cool in the summer with central AC. The gourmet kitchen includes upgraded stainless steel appliances, gas stove and large island. The spacious and bright dining area is perfect for family dinners with a view of the fully fenced, landscaped yard. This well kept home is smart wired, comes with a central vac, and features spacious walk in closet, en-suite bathroom with jetted tub in master Bedroom, custom laundry chute, back mud room and a bonus loft area. This 2 Storey, 4 bedroom, 4 bathroom home is perfect for every family and also has a warranty on the recently professional finished basement. Sorry this georgeous home in South Terwillegar is now sold for asking price in less than a week.
Beautiful penthouse loft condo!!! Located in a pet friendly complex, this well maintained, top floor, 2 bedroom home has plenty of great features. The kitchen has modern design maple cabinetry, all black appliances including microwave hood fan, breakfast bar/nook area then ceramic flooring throughout kitchen and dining area. Opened area has soaring 18 ft. ceiling, bright windows with custom Hunter Douglas blinds & patio doors leading to the west facing balcony. Upstairs, the loft has cozy gas fireplace with access to the terrace. Entertain family and friends on this exclusive 300 sq. ft. roof top area with exceptional downtown views. This home also comes with insuite laundry & underground heated parking stall. The Monaco II is close to Grant MacEwan College, Rogers Place, LRT, nightclubs plus the best dining which this city has to offer. Located in a prime downtown location for the most discriminating urbanite, this home should be ranked number one on your must see list! Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
Welcome to our meticulously custom designed Western Living Dream home. This twenty-first century two-storey split has been constructed with uncompromising quality and is simply stunning. Every square inch of this home was created ingeniously for simplicity and elegance including high ceilings, granite counters, built-in shelving and hardwood floors. The basement offers a legal 2 bedroom suite, developed for residual income, with a separate entrance, high ceilings, maple kitchen with breakfast bar, ensuite laundry & central vac, bedrooms with ample storage space and more. There are 2 separate stairwells which lead to the upper floors. The first stairway to the main living area w/3 bedrooms and the second to a custom sound music room with quiet rock drywall for maximized sound proofing. This room is perfect for an office or could be converted into a 6th bedroom. Located in the heart of McKernan, walking distance to the University of Alberta, this home is a great real estate investment. Call Audrey at 780-910-5179 or Mike at 780-242-5229 or email us to view this home.
Audrey Abuan & Mike Muranetz have sold another property in Schonsee, North Edmonton.
Welcome to 7040 174 Avenue in Schonsee Edmonton. This open concept home is in mint condition with upgraded cabinets, crown moldings, 36" upper units, spacious corner pantry, stainless steel appliance, a gorgeous elongated island with an extended eating bar, pot & pan drawers, a gourmet range vent and granite counters. The beautiful dark hardwood flows through the main floor with ceramic tile by the spacious mudroom near the garage entrance. Upstairs offers 3 large bright bedrooms with a walk-in closet w/window and a five piece ensuite in Master. This two-storey home also comes equipped with upper floor white front load washer & dryer and is decorated with custom Hunter Douglas Blinds. Outside offers a place to get away from city life and enjoy lounging on your back deck with a scenic view of mother nature's natural landscape.
Audrey Abuan & Mike Muranetz have sold another property in Athlone, North Edmonton.
Congratulations Kimberly and Josh on the sale of your home! This beautiful 3 bedroom bungalow is perfect for a first time buyer to begin their home ownership dream. The stylish open concept, upgraded kitchen features rich mocha cabinets with soft close doors and drawers, newer counter top, mosaic back splash, and appliances including built in dishwasher. In addition to the open floor plan, there`s plenty of storage throughout, spacious bedrooms, hardwood floors, ceiling fans, and a large laundry room. Other upgrades in this property include new wiring, windows, and the cutest bathroom ever with with newer flooring, toilet, vanity, storage cabinet, and deep soaker tub! Outside offers a large backyard with deck, low maintenance chain link fence with privacy slats, custom paved stone sidewalks, large double detached garage with drive way, and storage shed.