Edmonton is a great place to call home for many reasons. It is the capital city of Alberta and is known for its scenic river valley, diverse culture, and strong economy. Here are five of the most underrated reasons why Edmonton is a great place to call home.
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1. The cost of living is lower than many other major cities in Canada.
The cost of living in Edmonton is very affordable. According to the Canadian Real Estate Association, the average cost of a home in Edmonton in October was $377,000, that’s 41.5% lower than the national average home price of $644,643. The cost of living in general is also quite affordable in Edmonton.
2. There is no provincial sales tax.
There is no provincial sales tax in Alberta. This means that you will save money on everyday purchases like clothes, groceries, and gasoline.
3. The job market is strong and diverse.
Edmonton has a strong economy. The city’s unemployment rate is low and it is home to many big companies like ATB Financial, Telus, and the Canadian National Railway Company.
4. The city is home to many great festivals and multi-cultural events.
The city has a very diverse population. More than 25% of the people living in Edmonton were born outside of Canada. This makes for a very cosmopolitan city with many different cultural experiences to enjoy.
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5. It’s a great place to explore the great outdoors
Edmonton has a beautiful river valley that offers many outdoor activities like hiking, biking, and picnicking. The river valley also has 22 major parks and more than 160 kilometers of trails to explore.
There are many reasons to call Edmonton home but these five reasons are some of the most underrated ones. If you are looking for an affordable place to live with a strong economy and plenty of things to do, then give us a call to speak to a real estate agent in Edmonton that can help you find your dream home.
