Tag Archive for: real estate in Edmonton

tech industry impact on edmonton housing market

How Are Houses for Sale in Edmonton Alberta Being Impacted by Tech?

tech industry impact on edmonton housing marketEdmonton’s not just oil and hockey anymore. In the last few years, the tech sector has been growing rapidly, creating numerous jobs and attracting new residents. From artificial intelligence data centres to local startups and government-funded innovation projects, Edmonton is positioning itself as a competitive tech market. That’s shaking things up in more ways than one, especially when it comes to houses for sale in Edmonton Alberta.

If you’ve been wondering why more condos are going up near downtown, or why it’s harder to find a decent rental around the university, tech might be your answer. The growth is bringing in talent and pushing demand for housing. Whether you’re a buyer, seller, or investor, it’s worth paying attention to how tech is changing real estate in Edmonton.

Technology is Having its Big Break in Edmonton

Edmonton’s tech sector has exploded. We’re seeing growth in artificial intelligence, health tech, energy innovation, and more. Companies like AltaML and Jobber are grabbing attention across Canada. Government support and incentives are helping startups take root. And the University of Alberta’s AI research is known worldwide, with U of A ranking first in Canada for AI studies and 53rd globally. 

All this means more high-paying, future-focused jobs that attract a younger, tech-savvy crowd. These people are looking for work and homes. Many are buying condos or smaller houses near downtown and Whyte Ave. They want to walk or bike to the office, grab a coffee on the way, and live close to where everything is happening.

You’re also seeing increased rental demand, especially near the university, Old Strathcona, and Oliver. Young professionals, grad students, and startup employees want to live where they work and play. Investors are catching on, snapping up properties to rent out in these areas.

With more demand and limited supply, prices are creeping up. Nothing dramatic yet, but now might be a smart time to buy before competition really heats up. And if you’re thinking of selling, you might be in a better position than you think.

Where are the Hottest Houses for Sale in Edmonton Alberta & Who’s Moving In?

tech industry and the impact on edmonton housing for sale

Technology is not surprisingly making its biggest splash in downtown Edmonton. The ICE District, which is already popular for entertainment and sports, is now pulling in tech firms looking for open concept spaces and access to talent. Surrounding areas like Oliver and Queen Mary Park are seeing more development, more rentals, and more young professionals moving in.

Strathcona and Ritchie are also in demand. They’re close to both the university and downtown, so it’s no surprise that students, researchers, and start-up folks love the atmosphere. Not to mention the walkable streets, local restaurants, and nearby parks!

Then there’s the west end and parts of south Edmonton, like Windermere and Glenridding Heights, attracting tech workers who want a bit more space. These areas are newer, family-friendly, and still close enough to major employment centers. It’s a good balance for professionals with kids or those planning to settle down.

We’re also seeing an uptick in international interest. As tech companies recruit from abroad, newcomers are arriving with steady jobs and looking to buy quickly. That’s adding even more pressure to the market. At the same time, local investors are starting to shift focus. Many are less interested in flipping and more into holding properties long-term for rental income, especially in these high-demand zones.

It’s not just residential either. Commercial spaces are getting snapped up too. Smaller buildings are being converted into offices or co-working areas. Warehouse space is getting turned into tech campuses. It’s a real opportunity for anyone with property in the right place.

Thinking About Buying or Selling Houses for Sale in Edmonton Alberta?

If you’re buying, don’t wait too long. We’re still in a relatively affordable phase compared to cities like Vancouver or Toronto. But that’s changing. The tech boom has been slow and steady. That means demand will likely keep rising. Focus on areas close to transit, universities, or tech employers. Even a smaller home or condo can be a great investment if it’s in the right location.

If you’re selling, you’ve got options. Homes in tech-favoured areas are moving faster and fetching better prices. Even if your property needs a bit of work, buyers are often willing to renovate if the location is solid. And if you’re not ready to sell, consider renting it out. With so many professionals coming to the city, the rental market is strong and growing.

For investors, it’s a good time to get strategic. Think about the long-term and look at duplexes, basement suites, or multifamily setups that can give you steady cash flow. Pay attention to zoning changes and development plans. Where tech goes, growth usually follows, and that often carries over to the real estate market.

Contact us Today!

Tech is here, and it’s reshaping Edmonton in real time. From downtown towers to southside townhomes, houses for sale in Edmonton Alberta are getting more attention. If you’re thinking about buying, selling, or investing, now’s the time to act. The market is shifting, and opportunities are opening up. Whether you’re new to real estate or know the ropes, our team of skilled agents is here to help!

Contact us today, and let’s chat about how tech is changing the market and what that means for you. Be sure to visit our blog again next month for the latest news and more. We look forward to working with you in the near future!

best-edmonton-neighbourhoods-in-2025

Tips for Sellers, Hottest Edmonton Neighbourhoods and 2025 Expectations

best-edmonton-neighbourhoods-in-2025

Happy New Year everyone! Edmonton’s real estate market is brimming with opportunities for sellers and investors. With a projected seller’s market on the horizon, driven by low inventory and rising demand, this year promises to be a busy one for property owners and buyers alike. Whether you’re looking to maximize profits on your current home, find the next big investment opportunity, or understand the trends shaping Edmonton neighbourhoods, we’ve got you covered.

In this article, we’ll touch on key topics to help you set yourself up for success in the year ahead. From the hottest neighbourhoods for appreciation to the influence of Edmonton’s growing tech scene and transit developments, this is your guide for what’s to come!

The Edmonton Neighbourhoods and Trends That Will Shape 2025

One of the most exciting aspects of Edmonton real estate in 2025 is the focus on its neighbourhoods. Certain areas are already buzzing with activity, and this year, we’ll see even more movement in terms of property values. Expect to hear a lot about five standout neighbourhoods poised for significant appreciation, each with its own unique mix of community charm, amenities, and investment potential. Curious about where to start? Look to neighbourhoods benefiting from proximity to new developments, growing job hubs, or lifestyle upgrades.

Speaking of upgrades, the Valley Line LRT will be another influential factor this year. As new transit routes open and connectivity improves, homes near stations are expected to see a noticeable uptick in demand and value. Edmonton’s transformation into a more transit-friendly city means easier commutes and, in turn, higher property prices in areas that previously felt less accessible. For sellers, this could be the perfect time to highlight your home’s location as a selling point, while buyers may want to act fast before the buzz fully catches on.

Another trend to watch? The influence of Edmonton’s expanding tech scene. With the city rapidly positioning itself as a destination for technology-based work, Edmonton is drawing in international talent, startups, and established companies. This surge is bringing new life into the housing market, particularly as young professionals and entrepreneurs seek places to call home. Downtown condos are especially attractive, offering proximity to coworking spaces, innovation hubs, and an urban lifestyle that appeals to tech workers.

At the same time, suburban developments with family-friendly amenities and smart home features are capturing the attention of tech-savvy buyers looking to settle down. Rental properties are also benefiting, with increased demand for flexible, high-quality living spaces near transit lines or within easy reach of the city’s up-and-coming tech corridors. 

Tips for Sellers and Staying Ahead of Market Trends

If you’re considering selling your property in 2025, timing and strategy are everything. With a seller’s market forecasted, this year could be your best opportunity to capitalize on rising demand and limited inventory. But don’t rush into it! There’s an art to timing your sale for maximum profit. Whether you’re eyeing the spring rush or considering a strategic fall listing, knowing the local market will make all the difference.

Of course, timing is only part of the equation. Successfully selling a home in 2025 means understanding what today’s buyers want. Smart home features, energy efficiency, and proximity to conveniences like transit or amenities can give your property a competitive edge. Presentation matters too. Proper staging, high-quality photos, and professional marketing can help you stand out in what’s expected to be a lively market.

And let’s not forget the bigger picture. Every quarter, the real estate market shifts, so regular check-ins on how your property aligns with current trends are crucial. Are you on track with your goals, or is it time to pivot? For instance, as the Valley Line LRT starts to shape commuting patterns, you might find your home’s value increasing faster than anticipated. Staying informed and adaptable will ensure you make the most of these trends.

Your 2025 Real Estate Journey Starts With Us!

2025 is shaping up to be a transformative year for Edmonton real estate, and whether you’re selling, buying, or investing, opportunities are all around. From tracking the city’s hottest neighbourhoods to leveraging the benefits of major developments like the Valley Line LRT, there’s so much to benefit from.

Curious about what’s next? Keep an eye out for our subsequent blog posts about these topics throughout the next few months. In the meantime, if you’re ready to take the next step in your real estate journey, our team of experts is here to help you. Contact us today with any questions about a property in Edmonton! Be sure to check out our social media for the latest news and updates. 

real estate year end advice edmonton

Year End Blog Recap!

December is quickly passing! And, that only means that 2023 is getting closer. In lieu of the end of the year, we thought it would be best to write a […]

Stigmatized Property in Edmonton

What is a Stigmatized Property in Edmonton?

In lieu of Halloween, this month’s blog article is going to be about selling a stigmatized property in Edmonton. When you decide to list your home for sale it is important to consider what has happened at your home in the past. While the events that have occurred at your home do not affect the assessed value of your property, it is important to understand how they can impact the market value of your home. In this article, we will be going over information about all things related to selling or buying a stigmatized property. Follow along below to learn more.

What Makes a Property in Edmonton Stigmatized?

Stigmas attached to real estate have nothing to do with the home’s location, appearance, or function. However, stigmas are related to the events that have happened within or near the home. Generally, a stigmatized property is one that has a negative psychological effect on potential buyers. Some examples of this include, a murder/suicide in the home, proximity to a cemetery, or a famous film/TV location. Any of these scenarios can cause your property to become stigmatized.

Common Stigmas Associated With Properties.

When it comes to selling real estate, location is an essential part of the transaction. Many buyers will avoid putting in an offer on a property that has a stigma. It is important that you consider these stigmas when buying or selling a home. Below we have listed a few of the most common stigmas associated with buying residential real estate.

Crime Sites

If your home has been the site of a crime, there is a high chance that you are in possession of the stigmatized property. Events like murders, break-ins, gambling, gang activity, and criminal owners can cause buyers to steer clear of your listing. There are several reasons why people may find buying a home that had criminal activity unattractive. For example, physical damage like bullet holes, structural breakage, or contamination. Other reasons can include fear of bad karma, superstitions, or related beliefs. New buyers may also want to avoid being associated with the criminal activities that have occurred at the residence.

Famous Locations

Another reason for stigma is if your home is a famous location. Movies and TV shows often film on location at real-life homes. Like all real estate, these homes eventually go up for sale. Some individuals may find living in a famous home/location cool. However, there are some significant drawbacks to owning a recognizable property. For example, if your home was part of a blockbuster movie, it may attract superfans or tourists looking to visit the site. Because of this, you can encounter unwanted interactions with people who are interested in viewing your home. Although, if you are willing to sacrifice a bit of privacy, owning a home that is part of popular culture can be totally worth it.

Common Stigmas of a Property in Edmonton Continued.

Neighbourhood Problems

Another reason why buyers may be reluctant to purchase your home has to do with the neighbourhood you are located in. Even if your home doesn’t have any stigmas, a home in close proximity to one of these stigmas can cause just as many problems. Moreover, if there are known criminals within the area, buyers may also be deterred from purchasing your home. So, be sure to do your due diligence prior to buying or listing your property.

Paranormal Activity

Lastly, homes with a reputation for paranormal activity can make selling a difficult task. There are very few buyers who find it attractive to live in a haunted house. Paranormal sightings, moving objects and strange sounds can make it very difficult to live in a home. Haunted houses can affect an individual’s mental health or put them in danger. Many houses like this often have a traumatic past.

Although, paranormal experiences are completely subjective. In most cases, there is a reasonable answer to unexplained sounds, movements, and feelings. For instance, poor insulation, structural issues, and pest problems. It is important that you investigate these possibilities before drawing any conclusions.

Contact Us Today!

Stigmatized homes can be incredibly difficult to sell. However, with the right strategy, it is entirely possible. For more information about buying or selling a stigmatized property in Edmonton, contact us today. We’d be happy to help you find a home that suits your needs. Be sure to check out our blog again next month for more real estate articles. You can also visit our social media page for the latest updates and more. Feel free to reach out with any further questions. We look forward to working with you in the near future!