Edmonton is a cultural and educational centre, hosting a slate of festivals throughout the year making it a great place to live and earning it the nickname “Canada’s Festival City”. The benchmark price in Edmonton in July 2023 was $375,100, with more affordable options available below that.
Home prices have seen a dip across the country in the last few months, but the Edmonton market is generally more affordable than many other major cities across the country. Buyers may still face fierce competition, but there are strategies that buyers can use to secure their dream property.
The first, and arguably the most important step is selecting the right agent to represent you. Your agent should do much more than find and show you properties. The best agent for any buyer is one who understands the unique complexities of your neighbourhood’s market. They can inform you of the best negotiation practices and offer strategies that will help you come out on top in a bidding war. They’ll also be a helpful resource for connecting you to the right professionals, like mortgage brokers, movers, and lawyers, that will make your purchasing experience more seamless. This team of professionals will be invaluable for you when it comes to financing your purchase and can even help you navigate first-time buyer incentives.
Understanding the stages of buying is important for prospective buyers to understand and set themselves up for success. There are a lot of moving parts when it comes to buying a home, so it’s a good idea to get familiar with the different stages of buying a property before you get started. For a more in-depth guide on purchasing a property from start to finish, you can download our Home Buyer’s Guide here.
1. 11840 122 St Nw – $319,000
Property details:
- 3 beds, 2 baths, 2 parking
- Townhouse
- Walking score 83/Transit score 53
This incredible townhouse features beautiful quartz countertops, all stainless steel appliances and a spacious master bedroom with a walk-in closet. This beautiful listing is only minutes from the downtown area where shopping and trendy restaurants can be enjoyed.
View the listing here.
2. 52 – 1650 Towne Centre Bv Nw – $338,888
Property details:
- 3 beds, 2 baths
- Townhouse
- Walking score 66/Transit score 41
This luxurious townhouse provides a spacious open floor plan, top of the line appliances and a large outdoor patio, perfect for hosting guests. This listing is very close to schools, shops and all amenities.
View the listing here.
3. 119 – 4350 23 St Nw – $269,900
Property details:
- 3 beds, 2 baths, 3 parking
- Duplex
- Walking score 64/Transit score 49
This lovely half duplex features an open concept living room/ kitchen, patio doors leading to a deck with a fenced in yard and lots of windows providing all-day natural light. Located in the larkspur neighbourhood, this listing offers nearby shopping, schools and transportation.
4. 73 – 8315 180 Av Nw – $309,900
Property details:
- 3 beds, 2 baths
- Townhouse
- Walking score 23/Transit score 33
This modern townhouse has an open concept design with a large peninsula island and beautifully finished quartz countertops. This unit also provides a spacious balcony with a gas bbq hookup.
View the listing here.
5. 402 – 9908 84 Av Nw – $239,900
Property details:
- 1 bed, 1 bath, 1 parking
- Apartment
- Walking score 95/Transit score 56
This bright, walkable and air conditioned 1 bed, 1 bath provides easy access to local coffee shops, the Old Strathcona Farmers Market and the University of Alberta campus. This unit has an open concept design with stainless steel appliances and a beautiful balcony to enjoy a morning coffee.
6. 2 – 4470 Prowse Rd Sw – $279,900
Property details:
- 2 beds, 2 baths, 2 parking
- Townhouse
- Walking score 25/Transit score 29
Located in the beautiful SW community of Paisley, this cozy unit offers a modern kitchen with granite countertops and an open concept living space. Enjoy the gorgeous sunset view on the property’s fenced in front yard.
View the listing here.
7. 83 – 165 Cy Becker Bv Nw – $336,800
Property details:
- 3 beds, 2 baths
- Townhouse
- Walking score 31/Transit score 33
This upgraded townhouse offers a beautiful open concept living room and gorgeous white cabinets and granite countertops in the kitchen. Heading outside is an extra large patio with a gas bbq outlet.
View the listing here.
8. 209 – 5404 7 Av Sw – $195,000
Property details:
- 2 beds, 2 baths
- Apartment
- Walking score 57/Transit score 40
This spacious unit offers lots of cabinetry, counter space and storage with beautiful large windows providing natural light. Enjoy the large balcony while being close to public transit, parks and schools.
View the listing here.
If you’re looking to get into the market this fall to find your dream home, download our free buyer’s guide or contact a Zoocasa agent today.
