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I have sold a property at 13620 110 AVE NW in EDMONTON.
Great North Glenora Location!! Large PIE SHAPED LOT facing a beautiful island park in a quiet Cul-De-Sac. This spacious 3 bedroom bungalow has been upgraded with a new HIGH EFFICIENCY FURNACE and HOT WATER TANK, 100 amp service, upgraded windows (1995),new shingles (2010), oversized double garage, new front deck with sunny south exposure overlooking the park, fully fenced yard, only a block to Coronation elementary school and the new North Glenora playground and recreation facilities. Walking distance to Ross Shep, Westmount, Space Science Centre, and Westmount Transit Centre for access to U of A, downtown and more.
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I have listed a new property at 17 Argentia Beach.
LOCATION, LOCATION, LOCATION... ABSOLUTELY GORGEOUS ARGENTIA BEACH LAKE FRONT HOME!!! This breathtaking 4,700 s.f. Custom Built luxury home boasts numerous executive appointments throughout. Beautiful hand carved log treatments, 20 foot vaulted ceilings with spectacular lake front views from both stories, 2 storey stacked stone fireplace, slate flooring throughout the main and beautiful berber on the second floor. 6 bedrooms, 6 bathrooms in total (3 ensuite baths), hot tub room, craft or games room, loft family room, main floor laundry, basement, separate guest suite, paved parking and exposed aggregate concrete, BEACH FRONT deck and cobble stone patio, private dock with boat hoist and 2 jet ski hoists...the list goes on and on!!! This truly is a ONE OF A LIFETIME OPPORTUNITY TO OWN THE BEST LAKE FRONT PROPERTY AVAILABLE TODAY!!!
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Average house costs in Edmonton reach record high

Realtors say Edmonton's real estate is in a boom, not bubble market

CBC News Posted: Apr 02, 2014 11:37 AM MT Last Updated: Apr 02, 2014 4:53 PM MT

The Realtors Association of Edmonton says the average housing prices have reached a new record.

The Realtors Association of Edmonton says the average housing prices have reached a new record. (CBC) 

 

The cost to buy a new home in Edmonton is higher than ever, say industry officials.

The Realtors Association of Edmonton is reporting the average sales price for a home in Edmonton has risen to $432,000 – $6,000 more than the previous high set in May 2007.

To compare, the average family home was selling for $386,000 in 2011.

Association president Greg Steele says the inflated price tags aren’t slowing the city’s intense real estate market, however. House sales are up nearly six per cent this year already.

“April is the beginning of a busy time in the real estate market when those wanting to buy and those wishing to sell real estate are most active throughout the year,” he said. “We expect those sales to increase month to month as we approach the second quarter.”

Competitive market

Steele said first time home buyers are dealing with a highly competitive market with low availability.

“First time buyers are finding their options for lower-priced, single-family property are pretty limited and we are seeing increased competition when those homes come on the market.”

Bidding wars – particularly over “lower-price homes” and those in desirable neighbourhoods in Edmonton’s southwest and west – are becoming an increasingly common occurrence.

According to the Realtors Association of Edmonton, the average family home is remaining on the market for 44 days, down from 51 in March of last year.

Condo sales are also on rise, increasing by 11 per cent in the first three months of 2014 – a number which Steele calls “staggering” – especially since the overall number of available condominiums has actually gone down.

“This year over year increase is an indicator of the high demand for housing in this market … prices will follow the demand,” said Steele.

 

Ike Glick

Ike Glick's home sold within one week of going on the market. He and his wife will be downsizing to a condo. (CBC)

 

The rapidly-moving market does have some perks if you are hoping to sell in a hurry, however.

Ike Glick recently put his home on the market and was pleasantly surprised to find a buyer within a week.

“We were pleased to sell it but … [given the current market] we figure probably sold it sooner than we should have.”

Despite the rising costs and competition, realtors say this is not merely a bubble market – but is instead indicate of a genuine real estate boom.

The inventory of available homes in Edmonton is currently sitting at 6.9 per cent.

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I have listed a new property at 13620 110 AVE NW in EDMONTON.
Great North Glenora Location!! This larger 3 bedroom bungalow has been upgraded with a new HIGH EFFICIENCY FURNACE and HOT WATER TANK, 100 amp service, upgraded windows, larger double garage, pie shaped lot, newer shingles too!
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I have listed a new property at 1102 Highland Brae DR in MULHURST BAY.
A PRIVATE OASIS PARADISE on Mulhurst Bay at Pigeon Lake. This immaculate 1350 s.f. custom built 1.5 storey country home offers a wonderful open design. A huge executive master suite, spacious living and dining area with 23 ft vaulted ceilings, beautiful new laminate throughout, new exterior Pella doors, new furnace, new hot water tank, new roof (2006), new pressure tank, new stainless steel appliances, front load washer & dryer, custom wainscoting, renovated oak kitchen with farm house sink, newly renovated bathroom, new water filtration system, roughed in alarm, upgraded lighting, 2 ADDITIONAL GUEST CABINS, A HUGE OVERSIZED TRIPLE GARAGE, RV AND GUEST PARKING, a large private fire pit area, 3 large storage sheds and SO MUCH MORE!!! The perfect lake get away for relaxing alone or entertaining lots of family and friends!!! To include some furnishings, all beds in bunkhouse and main building. GST may be applicable.
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I have sold a property at 54 CHESTERMERE WAY in SHERWOOD PARK.
Absolutely Beautiful 3+1 bedroom half duplex with attached garage and fully finished basement...it gets better...NO CONDO FEES!! Rich Dark Chocolate coloured Maple Hardwood Floors in Living room and Second Floor, Ceramic Tile on Main, Laminate flooring in basement, Cozy Gas Fireplace, warm rich paint tones throughout, impressive wainscoting and crown moldings on main and upper level, Oak Kitchen Cabinets, Patio doors off the dining area lead to a deck overlooking the fully fenced private yard, SECURITY SYSTEM, CENTRAL AIR CONDITIONING, STAINLESS STEEL APPLIANCES, upgraded Glass French Doors and close to all the amenities including parks, walking trails, public transportation, shopping and schools.
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 I am once again honored to be playing in the 2014 Alzheimer's Face Off Hockey Tournament, April 11-13, 2014 to raise money for Alzheimer and Dementia Research.

 

    

 

 

 

 

 

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