Category: Uncategorized
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Edmonton’s 2025 Property Tax Hike Set at 6.1%
Edmonton city council agrees on ↑ 6.1% property tax increase for 2025, down from 8.1%. The avg household will pay $813/$100K of home value, ↑ $47 increase.
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Edmonton rent prices continue to rise, but it looks like the pace is slowing
Rent prices in Edmonton continue to rise, with a 4.5% annual increase for one-bedroom apartments, averaging $1,355. Two-bedroom rentals cost $1,676, reflecting a 1.6% decrease from last month but a 4.5% increase from December 2023. While most Canadian cities see declining rents, smaller cities like Waterloo experience significant hikes, with a 26.1% increase. Overall, average…
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Alberta’s Proposed Law Strengthens Condo Protections
The Alberta government introduced the Service Alberta Statutes Amendment Act to improve condominium ownership and construction.The bill proposes creating a Condominium Dispute Resolution Tribunal for affordable, non-court dispute resolution.
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Selling in 2025? 6 Must-Haves for Your Home
Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern.
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PARKLAND COUNTY BUDGET KEEPS TAX RATES AMONGST LOWEST IN EDMONTON REGION
Parkland County Council has approved the 2025 operating and capital budget, implementing a municipal tax increase of 2.5%, resulting in an additional $4.71 per month for a $500,000 residential property. The County holds net financial assets of $84 million, with cumulative debt at 36% of the allowable limit. Mayor Allan Gamble highlighted the focus on…
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What First-Time Home Buyers in Alberta Need to Know
Alberta offers programs to assist first-time buyers, including incentives like Attainable Homes Calgary and First Place.Federal options such as the Home Buyers’ Plan and First Home Savings Account enhance affordability and savings.
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Edmonton Luxury Real Estate: A Comparative Advantage
Edmonton's luxury market offers great value, with buyers' dollars stretching further compared to other cities.Resale homes offer significant value, especially compared to new homes, due to lower pricing competition.
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Demand Soars in Edmonton’s Competitive Housing Market
Edmonton is a seller's market, with strong housing demand and competitive conditions as of November 2024. Home prices in Edmonton remain elevated due to ongoing competition for limited housing inventory.
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Edmonton to Welcome 138 New Homes
The Canadian government is funding $9.2M to build 138 affordable homes in Edmonton. Projects include accessible housing for low-income families and individuals with disabilities, enhancing community spaces.
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Edmonton Leads Canada’s Rent Growth Trend
Rent for one-bedroom properties decreased by 2.1% in Early-Q4 to $1,400 but grew 16.7% annually. Edmonton ranks among cities with the fastest-growing annual rent for one-bedroom properties in Canada.