When it comes to new construction homes and residential development, one term that often gets thrown around is "zero lot lines". But what exactly does this mean, and how does it affect property value and resale? Well, buckle up because we're about to unlock the advantages of zero lot lines and how they can impact the value of your new Edmonton home.  Zero lot lines offer numerous benefits every homeowner should know, from maximizing space to increasing curb appeal. So, let's dive in and explore the exciting world of zero lot lines and their impact on new home value and property resale. U ..read more

It's not just about the house; it's about creating the ideal environment for your family's growth and ensuring a wise investment in your future. When it comes to home buying, the old saying "location, location, location" holds true. However, it's about more than just the neighbourhood or the amenities nearby. The quality of schools in the area also plays a significant role in determining property values.  This decision can profoundly impact your family's quality of life and the long-term value of your investment. In this blog post, we'll explore how the proximity to the quality of school ..read more

The dream of spacious homes is slipping away, but Edmonton still shines for overall value In Edmonton, Alberta, where the allure of an affordable housing market beckons, homebuyers are navigating a curious trend: shrinking square footage for homes. The paradox is evident: as construction costs rise, builders and property owners adapt by offering smaller homes and a wide variety of housing styles.    An expected impact of the COVID crisis was a need for more residential space, as people used their homes for more purposes, including work. Home size correspondingly increased in 2021 as ..read more

Looking for a fabulous new Edmonton condo to call home? Great! We've got some golden nuggets of wisdom to share with you before you dive into the world of condo buying. The Amazing Deals Dilemma If you stumble upon a condo deal that seems too good to be true, it just might be. Sometimes, condos are priced super low (like, "is this for real?" low) because of a few behind-the-scenes hiccups. Errors in management, poor maintenance and repair records, and the age of the building all contribute to this. These can lead to tiny price tags but with a twist - higher monthly fees. The Monthly Fee Mix-U ..read more

Have you been charmed by the thought of owning a chic condo in the heart of downtown Edmonton or its expanding suburbs? Attending the University of Alberta and need a cool space within walking distance? You're not alone. Condos have been the go-to for a mix of easy-breezy living and savvy investing. But let's chat about the rollercoaster ride Edmonton’s condo market's been on because it’s been quite the adventure. A Stroll Down Condo Memory Lane So, back in 2000, condos were like the hottest new gadget everyone had to have. Thanks to the low-interest rates and high demand, Edmonton home build ..read more

7 Critical Parts of Every Real Estate Investment Business Plan. Buying your first investment property in Edmonton is an incredible thrill, but whether you want to fix and flip or buy and hold, you need to have a solid real estate investment business plan. In this article, we’ll discuss the common requirements of any business plan, such as budget and financial projections, as well as required capital. We will also review less common, yet equally important, items like investment strategies, market analysis, property acquisition, and time commitment.  Why You Need a Real Estate Investment B ..read more

Homeownership Is a Great Hedge Against the Impact of Rising Inflation. If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These ..read more

If You’re Selling Your House This Summer, Hiring a Pro Is Critical It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But Edmonton's real estate market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why wo ..read more

How to Select the Right Neighbourhood for You and Your Family As a potential home buyer, you'll want to make sure that you're not only getting the best value for your money, but also ensure you'll love your new community for years to come.  When you decide to purchase a home, you'll have to make a decision as to where you want to live among Edmonton's 357 neighbourhoods. Several factors may play into your decision, including both practical and emotional reasons. Selecting the right neighbourhood for you and your family should be done with care. Here's a few quick tips to help you pick the ..read more

Divorce, Part II: Tax Considerations In our last post, Divorce Part I, we looked at the different choices spouses have in deciding what to do with shared property, like the home you live in.  Generally, people will decide to do one of three things with their matrimonial home; sell it and split the proceeds evenly, have one spouse buy out the home from the other spouse and keep it to live in, or have one spouse remain living in the home until the youngest child turns 18 and/or moves out.  Beyond that, there are also tax considerations that may come into play when deciding what to do a ..read more