What’s It Like to Live in the Glenridding Ravine Community?


Not far from the North Saskatchewan River and tucked away in the south west portion of Edmonton, Glenridding Ravine is noted for being close to facilities many of us desire including several golf courses for example the Windermere Golf and Country Club, Jagare Ridge Golf course plus shopping, off leash trails, 2 ski hills, several rec centres and playgrounds are close by.

As the community matures alongside its neighbour Glenridding Heights, this may change. The community is slated to enjoy a future K-6 school, a future transit centre and a future district park campus.

I interviewed some of the sales people that work for the new home builders in community. They suggested several…

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3 Things We Like About Anthem Home Builders

 

Established by Eric Carlson back in 1991, Anthem started out as a land developer and creator of retail buildings and we believe multifamily products also.

Over the years they have moved into condo and single-family construction. According to their website, Anthem is the fastest growing home builder in the province.

The mission statement posted on Anthem’s corporate website resonates with me. Its clean and strong. I suspect it will also resonate with many of my fellow Albertans too.

“Great Space. Great People. Great Results. Integrated through a Bold Culture”

Anthem has been developing land for residential construction in and around Edmonton for some time. It’s my understanding that they…

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3 Things We Like About Morrison Homes

 

Morrison Homes started out with humble beginnings. Mr. Frank Morrison, a cabinet maker by trade, started the company from his kitchen table. Building first in Calgary. Today the company is serving the metro Edmonton market too.

In 1983, Mr. Al Morrison took over the reins of the company and today Morrison Homes is proud to build several hundred homes a year. Perhaps a company that is big enough to offer you economies of scale, but at the same time provide you with a sense of personal service?

What are the 3 things we like about Morrison Homes?

1. Small Company Values

Take a visit to the Morrison Homes website and you will find a page featuring the company’s management team. We like this as it…

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April 2024 Single Family Market Report

Single family home sales volume stayed higher, and prices lifted again in February.

Sales Prices

Single family homes prices climbed to just under $514,000 in April 2024, compared to around $478,000 in 2023, an increase of 8% over the previous year. Prices have now easily surpassed the highest prices of the previous 2 years. However, we would normally see values level off in May and June. And as high as demand is, income levels of would-be borrowers may ultimately control the growth in prices simply hinged to a person’s ability to pay.

Sales Volume

There were almost 1400 single family homes sold in April 2024, an increase of 45% over April last year. We expect sales numbers to stay high, subject…

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2024 April Condo Market Report

The Edmonton condo market is alive and well. Sales volume is extraordinarily strong. Prices continue to lift.

Sales Prices

In April 2024 condo sales prices ended 8% up when compared to the same month last year with an average price of around $234,000. The value trajectory is unmistakable. Condos in April sold for around $25,000 more than those in January. However, it’s entirely possible that values soften over the summer months in line with seasonal trends.

Sales Volume

In April there were 754 units posted sold on MLS system compared to 492 last year. This is the 12th consecutive month of volume sales growth. Absolutely incredible performance clearly indicating the value buyers place in condo product…

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3 Things We Like About Encore Master Builders


Encore Master Builders was first established in 1985 by Linda and Doug Hoffman.

In 1996 Encore Master Builders and Lincolnberg homes merged and was managed by Mr. Hoffman. During this period, the company experienced rapid growth and constructed around 300 homes. In 1998 the company de-merged and Mr. Hoffman resumed management of Encore Master Builders Inc.

According to the Encore website, in 2011 the Hoffman children purchased 50% of the company shares. In 2017, the balance of the shares was sold and today the company is entirely run by Doug’s children.

Encore Master Builders has successfully constructed over 2000 homes in and around the Edmonton market. And for many years, it was Encore…

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March 2024 Single Family Market Report

Single family home sales volume stayed higher, and prices lifted again in February.

Sales Prices

Single family homes prices climbed to just under $487,000 in March 2024 compared to around $460,000 in 2023, an increase of 6% over the previous year. Due to the shortage of inventory (see supply later in this report) we expect prices to climb even further as the spring market gets into gear.

Sales Volume

 

There were more than 1200 single family homes sold in March 2024 an increase of 50% over March last year. We expect sales numbers to stay high subject to availability of new inventory as more home sellers consider downsizing, or inventory opportunities are presented by the new home builder…

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2024 March Condo Market Report

The Edmonton condo market is alive and well. Sales volume is very strong. Prices are lifting.

Sales Prices

In March 2024 condo sales prices ended 9% up when compared to the same month last year. It should be noted that March last year saw a slight dip in values, so optimism needs to be tempered. However, the value trajectory is unmistakable. Condos in March sold for around $20,000 more than those in January.

Sales Volume

Volume for condo sales during the first quarter was impressive. Almost 1500 units sold during the first 3 months of 2024, surpassing the crazy year that was 2022 when 1430 units sold during the first 3 months of the year. In March there were 640 units posted sold on MLS system compared…

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3 Ways to Avoid Confusion & Overwhelm When Buying a Home in 2024


When looking for a home its easy to get excited and overwhelmed. Follow these steps for best results:

1. Prioritize and Maintain a Rolling Top 3: - Limit your top choices to three homes at a time. - After seeing four homes, eliminate one with your agent's help. - Rank your top three choices, designating one as your first pick to stay focused.

2. Embrace Imperfection: - Understand there's no perfect home. - Rate each home on a scale of 1 to 100. - Consider any home scoring 85 or higher as a strong contender.

3. Recognize Cream Puff Homes: - Be aware of exceptionally appealing homes. - Act quickly if you find a Cream Puff home that scores above 85 on your scale. - Don't wait…

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5 Ways to Win Your Dream Home in a Multiple Offer Situation

In the competitive hot spring market of 2024, lacking a proven strategy to succeed in multiple offer situations can lead to recurring disappointment and concern. Our team has crafted a meticulous 5-step method to bolster your offer's chances of triumph. Here's an overview of our process. We encourage you to discuss this approach with your REALTOR® to ensure a successful outcome.

1. Forge a Relationship with the Listing Agent:

It's surprising how many REALTORS® overlook this pivotal step. Instead of simply submitting an offer based on client instructions, your REALTOR®  should take the initiative to establish rapport with the listing agent. Building this connection can set your offer…

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