On a regular basis people to chat with grumble about the high cost of housing. Sometimes they lament for years gone by when everything was so much more affordable. Of course, this is really all in our heads. Of course, everything cost less years ago, but incomes were also much lower too.

A better comparison might be to look at the cost of homes in Edmonton relative to other cities across Canada. Again, on a regular basis I chat with people who have moved to Edmonton from cities like Toronto or Vancouver because its much easier to afford a home at all when compared to those cities. I have also heard that the amount of disposable income (after housing costs) is much higher than in other cities so perhaps we enjoy a higher standard of living too?

I…

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Are you thinking of selling a house or condo in the metro Edmonton area this year? You might want to consider selling now rather than later.

Here’s why.

1. Less Competition

Most home sellers fall into the trap of waiting until Spring. These sellers are going to be in competition with a lot of other folks who will be putting their up homes onto the market at the same time. Be smart. Do it now and you might have the only home for sale in your neighborhood. This is a perfect opportunity to sell quickly and for full market value.

2. Quality Buyers

Buyers looking now are serious. Usually they are under some pressure to select a home and buy it quickly. If you can offer a quick possession, we can often negotiate a premium price for you.

3.…

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If you need a new home, January it might be smart to buy one rather than wait until Spring. If you think outside of the box, you may benefit in several ways. Here's why.

1.  Less Competition

How would you feel if you wait until Spring to find your dream home only to have it snatched away by a competing buyer? The single-family re-sale market has been hot for the last 18 months driven to a significant extent by the Covid pandemic. The best homes will get snatched up quickly and with multiple offers, especially during the main selling season which usually runs from about May to September. Why not consider being one of the few buyers active now and potentially pick up a bargain too? If you buy a home in January, you will enjoy the strong…

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The November market performed strongly. A massive 29% more homes sold than last year. Average days on market was only 51days and average prices approached $387,000.

Sales Prices

In November 2021, average sales prices were $386,716 which is about $7,000 more when compared to November 2020. In most years we see a value spike during the last 3 months of the year. This might be it. Sales prices are tracking 6% UP when compared to 2020 as across the entire year. 

Sales Volume

Last November there were 876 total Edmonton sales registered. This year 1127 sales were registered. This is an incredible increase of 29% over the year before. This demand is driven largely by demand for single family homes and especially those available for pre…

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Well priced homes in good condition can be hard to find in Carlisle. We are pleased to confirm we have just listed this one for sale on 14th Avenue Edmonton. Click the link to read the details. Exclusive Home Listed by Ambergate Realty Advisors.

To see ALL homes listed for sale in Carlisle click this link: ALL Homes listed.


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Heritage homes in Highlands & Bellevue in great condition can be hard to find. We are pleased to confirm we have just listed this one for sale on 63rd Street. Its amazing home with lots of curb appeal. Click the link to read the details. Exclusive Home Listed by Ambergate Realty Advisors. 

To see ALL homes listed for sale in Highlands & area click this link: ALL Homes listed.

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The October market performed strongly. 12% more homes sold than last year. Average days on market was only 50 days and prices were stable.

Sales Prices

In October 2021, average sales prices were $380,000 which is about $2000 less when compared to October 2020. In my view this is not significant. Sales prices are tracking 6% UP when compared to 2020 as an entire year. 

Sales Volume

Last October there were 1030 total Edmonton sales registered. This year 1156 sales were registered. This is an increase of 12% over the year before. This confirms in my opinion the optimism and motivation that Edmonton home buyers possess, especially for single family homes. For the last 2 months of the year, we expect that sales volume will track the…

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Another 5-star review from one of our clients. Its comments like this that make our hard work so worth it.

Google 5 Star *****Review

I would highly recommend Ambergate Realty and Stuart Neal to my friends, family and neighbours, or to those who are thinking about selling their home. I originally received a flyer in my mailbox and as a Seller I was intrigued by the Flat Fee Rate concept advertised.

When I first met Stuart, I instantly trusted he was passionate about real estate and enjoyed what he was doing, especially in the neighbourhood of Bellevue, Highlands and Virginia Park which he also calls home. During our first meeting he provided me with a list of stats, but quickly indicated the stats didn’t represent my specific property, and I…

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Most REALTORS® I speak to understand the importance of building a database of prospective, current and past clients. Few however consider how big that database needs to be.

As part of my rolling research project to track and measure the progress of newer industry members, I get to discuss the subject often.

Those REALTORS® who have in a previous life built a large Sphere of Influence (SOI) do not have concerns and they should not.

Those REALTORS® who have chosen to join a team that has created a marketing program intended to identify potential clients, particularly home buyers also have few concerns.

It’s those REALTORS® that are planning to go it alone and creating a database from scratch that worry me. When I ask most REALTORS® how many…

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Unless you really need to, I would not advocate that you sell your condo at this time. Unfortunately, we don’t see values improving anytime soon.

On the other hand, if you like the idea of condo life or if you are an investor this could be the time to buy. There is a large selection of condos for sale at bargain basement prices.

This is due to a chronic over supply relative to this time last year and because COVID 19 has made apartment style living and in the downtown core in particular less attractive.

We are betting however as we move through the final stages of this pandemic that condo living and investing in condos for reasons of convenience and affordability will turn the market around. Perhaps in 2 to 3 years time.

For now, however I…

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