Edmonton Real Estate Blog

n real estate it is always location, location, location and this Rideau Park home has it. This bungalow offers almost 4,000 sq.ft of developed living space. Conveniently located close to schools, Southgate mall, Whitemud freeway, and LRT. How often are you going to find a large bungalow like this with 5 bedrooms, fully finished basement, 2 fireplaces, 2 family rooms, a games room area, large double garage, nice size back yard with a covered deck accessible from both the kitchen eating area, and sliding doors from the master bedroom bay window. Don’t miss out on everything this home has to offer. Back yard backs onto walking path. Hot water tank was replaced 1 year ago, and the stainless counter top stove, fridge and dishwasher were recently replaced. For more information visit realtors website.

http://www.youtube.com/watch?v=X4fNAFq7lVE&feature=youtu.be

Click here to view more info or call today to see in person! 780-634-8151

To View & Search All MLS Listed Houses for Sale Visit Us At:
www.EdmontonHomesforSale.biz

Serge Bourgoin
Senior Managing Partner
Team Leading Edge
RE/MAX ELITE
780-995-6520

Welcome to this great community of Walker Lakes in South East Edmonton. This homes has been well designed for you and your family to enjoy.  This home offers a large living room, upgraded island kitchen with eating bar that has granite counter tops stainless appliance package over looking the dining area. The large foyer welcomes you with modern colors, and walnut laminate flooring, and ceramic tile throughout the home. This home has 3 large bedrooms upstairs and a large fourth bedroom downstairs in the finished basement. The basement also includes a great man cave family room with bar, and projector tv.  There is brand new landscaping and fence just done this year.  There is also a dog run fenced in the back yard.

Click here for more info and photos or call us today to view this home in person!

The local housing market will not feel any pressure from the recent mortgage rate increases, according to the REALTORS® Association of Edmonton. Several of the major banks increased their mortgage rates in August because of changes in the bond market. The higher rate will increase the monthly payments on a typical mortgage or decrease the total amount that a buyer can borrow from their financial institution.

“Buyers applying for a mortgage now may have to buy a slightly less expensive property than before because their qualification amount may be lower,” said President Darrell Cook. “In the short term, any reduction in the number of buyers will be made up by the potential buyers becoming more motivated to buy before their pre-approval period ends.”

The all-residential average* price in the Edmonton CMA in August was up a quarter of a percent from last month at $351,455. The average price for a single family detached (SFD) property in the Edmonton Census Metropolitan Area (CMA) in August was $416,494, up 1.5% from July but up 5.4% from a year ago. Condominium average prices were also up by 0.9% at $244,675. Duplex/row house prices rallied in August after a price dip in July at $337,745 (up 2.1%).

As compared to August 2012, prices of all types of residential property were up: SFD up 5.4%, condos up 3.8%, and duplex/rowhouses up 12.1%. The all-residential average price was up 3.7% over the same time last year.

“Our market continues to exhibit strong fundamentals,” said Cook. “Rental vacancy rates are low at about 1.2%, new home starts are up and weekly take-home pay rates are the highest in Canada. The upward pressure on housing prices will be moderated by the seasonal decreases as we approach winter.” Despite the increases, housing prices in Edmonton continue to be affordable, mainly because of the higher average incomes.

The sales-to-listing ratio of 65% was the result of 2,299 residential listings and 1,490 residential sales in August. The inventory of available homes on the Edmonton MLS® System was down from 5,834 units in July to 5,557 units in August. It took 53 days on average to sell a home in the Edmonton area.

The total value of MLS® sales YTD is the highest it has been in five years at $5.8 billion as a result of stronger sales numbers and higher prices overall.

Source: Realtors Association of Edmonton

Perfect starter or investment property. 3 Bedroom townhouse, 1.5 bath. Ideally located close to schools, playgrounds, Rundle Park. Upper level has 2 large bedrooms and a 4 pce bath. The basement has a large master bedroom and a 2 pce bath.  Newer hot water tank and furnace. It has it own private fenced yard in the front. All the windows have been recently replaced and all the fences have just been repainted. This is a great bargain so don’t miss out. *For more information visit realtor’s website*.

Click here to view more info and photos:

To View & Search All MLS Listed Houses for Sale Visit Us At:www.EdmontonHomesforSale.biz

Former Show Home on A big lot! Original Owner! This well maintained 4 Level Split with  4 bedrooms and 2 1/2 bathrooms  has plenty of room for the  whole family. Mature trees on front and rear of home compliment the big pie shaped lot! With a double attached garage and upgrades including newer flooring  on foyer and kitchen are great features for this wonderful home. With many amenities to shopping and public transportation and schools just minutes away what more could you ask for? Welcome Home!

Click here to view more info and photos or call today to view in person.

Talk about location, location, location! This 1474 sq.ft. Ace Lang bungalow is just steps away from Southgate mall, easy access to the LRT give great access to U of A and downtown, great landscaped back yard with deck backing onto a hillside greenbelt where the kids can go sledding in the winter time. Very quite secluded area with recently resurfaced roads. Very well maintained home equipped with roll shutters on the windows to keep it cool in the summer, warmer in the winter, and the added security they provide. Upstairs fireplace has been upgraded to a gas fireplace, and the furnace was replaced with a high efficient furnace in October 2010 ready for central air should someone want it. There is a brand new shed in the back yard. The basement has a huge family room with second fireplace. There is also a very large storage and work area, and R.I.D.P. should you ever want to add another bathroom downstairs.

Click here to view more info and photos.

To View & Search All MLS Listed Houses for Sale Visit Us At:

www.EdmontonHomesforSale.biz

To View & Search All MLS Listed Houses for Sale Visit Us At:

www.EdmontonHomesforSale.biz

Reduced $10,000 for a quick sale!

Perfect starter or investment property. 3 Bedroom townhouse, 1.5 bath. Ideally located close to schools, playgrounds, Rundle Park. Upper level has 2 large bedrooms and a 4 pce bath. The basement has a large master bedroom and a 2 pce bath.  Newer hot water tank and furnace. It has it own private fenced yard in the front. All the windows have been recently replaced and all the fences have just been repainted. This is a great bargain so don’t miss out. *For more information visit realtor’s website*.

Click here to view more info and pictures or call today to view in person 780-634-8151

To View & Search All MLS Listed Houses for Sale Visit Us At:

www.EdmontonHomesforSale.biz

Serge did a great job selling my house. He was professional, helpful, and realistic. We collaborated on a price and it sold within 5 days! Anyone interested in selling a home should contact Serge Bourgoin and Team Leading Edge.

To start your new home search visit www.EdmontonHomesForSale.biz