http://www.cbc.ca/consumer/story/2008/11/14/f-realestatemap.html
Last Updated: Sunday, August 16, 2009 | 4:56 PM MT
An Edmonton neighbourhood known for its drug and prostitution problems is getting a new look.
The area of 118 Avenue between 82 and 87 streets is undergoing upgrades, including curb extensions, better lighting, crossings for pedestrians and more trees.
On Saturday, the community celebrated the first phase of the construction.
Hundreds of residents, performers, musicians and vendors lined the street for the big day.
Coun. Tony Caterina said the idea to upgrade in the area dates back to 2004.
He said the changes in the area would improve life for residents.
"The best part about this is now it give residents around here the confidence to come out, and they've taken back their neighbourhoods," he said.
"It gives other people in the city a reason now to come and say, 'This is a great neighbourhood, great place to live, great place to raise my family,' and I think that will all compound itself and just get better and better as the years go by."
Reo Bone, who lives in the area, said it's important to focus on the good things happening in the neighbourhood.
"A lot of people who aren't in this neighbourhood don't know that this is going on today, so I think if word gets out that more things like this are happening … perception will change."
It's expected that all of the upgrades will be completed in four years.
Brand new on the market! Fantastic South Terwillegar executive home is move in ready!
Call me at 780-483-4848 to set up your personal tour.
• 2,107 sq. ft., 3 bath, 4 bdrm 2 story -
MLS®$518,800
South Terwillegar, Edmonton
Property information
• 2,438 sq. ft., 4 bath, 3 bedroom 1 and 1/2 storey - MLS® $599,900
Deer Park, Red Deer - Immaculate 1 1/2 storey home with walk out basement located on a maturely treed lot almost 1/3 of an acre at the end of a close in Deerpark. This exceptionally well built home features three bedrooms on the upper floor and a 4 piece bathroom. Master bedroom has gorgeous ensuite with large jetted tub overlooking unobstructed views of the park like yard as well as his/hers sinks and a stand up shower. On the main floor you will find a formal dining room, main floor laundry, large kitchen open to living room with wood burning fireplace and travertine flooring, a great room and a 2 piece bathroom. The walkout basement has a wet bar, office and three piece bathroom with sauna. Home has recently been upgraded with central air conditioning, high efficiency furnaces and hot water on demand. The back yard is nicely treed with a fabulous paving stone patio and fountain with stream. This amazing home must bee seen to be appreciated. Immediate possession is available so don't delay!
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The REALTORS® Association of Edmonton reported a record number of single month sales of residential properties for the second month in a row. Buyers who created record sales in June carried through for a record in July as well. Although sales were off almost 11% from June the total number of July sales was 2,277, creating a new July record.
“The market is stable and strong sales and market activity are not driving prices up dramatically,” said Charlie Ponde, president of the REALTORS® Association of Edmonton. “Attractive mortgage rates and consumer confidence are powering the local market and sellers are being realistic about their pricing.”
The average* SFD sold for $372,741 in July as compared to $369,859 in June (up ¾ of a percent). Condominium prices were down one percent at $244,265 on average in July from $247,071 in June. Duplex and rowhouse prices were up 1.8% from a month ago to $296,284. The average residential prices was down just over 1% to $324,847. Average prices in all categories in July were down from the same month last year.
“The total value of residential sales for the year have surpassed what they were last year at the same time,” said Ponde. “REALTORS® have sold $3.845 billion worth of residential property so far as compared to $3.842 billion last year at the end of July.” Listing activity was down with just 2,764 properties listed as compared to 3,179 last month and 3,582 in July 2008.
The average days-on-market was 46 in July; down three days from June. At the end of July there were 6,592 residential properties active on the MLS® System down by just 107 properties from June. Total sales through the MLS® System are worth $4.42 billion after just seven months of business.
Highlights of MLS® System activity
July 2009 activity Record for
the month* % change from
July 2008
Total MLS® System sales this month 2,554 25.40%
Value of total MLS® System sales - month $836 million 19.10%
Value of total MLS® System sales - year $4.33 billion -2.01%
Residential¹ sales this month 2,277* 27.60%
Residential average price $324,847 -3.06%
SFD² average selling price - month $372,741 -1.71%
SFD median³ selling price $350,000 -3.30%
Condo average selling price $244,265 -3.78%
Blackburn, Edmonton - The single story at 307-905 BLACKLOCK WAY has been sold.
Property information
• 888 sq. ft., 2 bath, 2 bdrm single story - MLS® $219,800
Blackburne, Edmonton - Nestled in the natural beauty of prestigious Blackburne, this 2 bedroom home is a winner amongst the rest. The open, spacious design will greet you once you step inside. Vaulted ceilings showcase the large living room which features a corner gas fireplace. Step out of the living room onto the private balcony which is ready for your gas bbq. This fully equipped kitchen features extra cupboard space for storage and will allow you to easily visit with your guests while you are cooking dinner. This spacious master bedroom is fully air conditioned and includes double closets that lead to the full ensuite. This home has been meticiously cared for. Brand new ceramic tile floor was just professionally installed in both bathrooms. Extra storage possibilities are found in the large laundry room. Your car will thank you for the titled underground parking space.This location is the best, you are just seconds from the ravine and peaceful walking trails.
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Wow! The response to my listing at 20515 - 48 ave was amazing! More and more buyers are seeing the value in making a move to a larger home or perhaps becoming homeowners for the first time. 3 hours after placing this home on the market the showings started, we had 14 showings on Canada day alone! The homeowners made sure the house sparkled, and all the extra work definately paid off.
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One of my latest listings is sure to attract much attention once it arrives on the market in about 2 weeks. This property is a beautiful bi-level that has all the extras, crescent location and large pie lot with large deck. This home has been delicately lived in and the lower level is perfectly finished with massive bedroom, entertainment area, and full bathroom with a steam shower.
You can be one of the first to tour this home, to set up your personal showing, call me at 780-483-4848 or email at lesa@lesapatermann for further information.
• 843 sq. ft., 1 bath, 1 bdrm other - MLS®$329,900
Downtown, Edmonton - This stunning, upscale loft offers a stylish design rarely seen. Step inside this corner unit and you are immediately greeted with natural light poaring through the many windows. The post and beam construction and exposed brick showcases the brilliant floorplan which allows for 2 seperate living spaces. Prepare to impress at your next dinner party with the large kitchen that opens up to a fantastic dining area. The laundry area is cleverly tucked away and there is ample storage throughout. The large bathroom has extra cupboard space and classic tile. A shiny, solid hardwood staircase takes you to the upper level with private bedroom. This location is zoned EZ Enterprise Zone. Step outside and you are seconds away from the best galleries, shopping, and entertainment. Beatty Lofts, the authentic warehouse loft conversion that will stand apart from all of the rest. Outstanding!
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Located in our Arts district, the Beatty Lofts offer classic design, beautiful exposed brick walls, solid sound proof construction, and spacious layout rarely found.
This Tuesday I will be listing a beautiful corner unit that may be just what you have been looking for.
Call me at 780-483-4848 or email lesa@lesapatermann.com for more information.
Edmonton, July 3, 2009:
At the mid-point of the year, the REALTORS® Association of Edmonton is confident that the local real estate market has regained stability. The 9,741 sales of residential properties sold through the Multiple Listing Service® in the first six months surpassed the six month year-to-date figure for last year (9,567) and residential sales in June set a new record for the month. Residential sales in June totalled 2,552 units which surpassed the 2007 record of 2,203 units sold and was the third best month for unit sales in MLS® System history.
“Buyer confidence, especially among first time buyers, was evident in Edmonton despite lingering economic concerns in other markets,” said Charlie Ponde, president of the REALTORS® Association of Edmonton. “When mortgage rates looked like they might start to rise, many potential buyers locked in lower mortgage rates and then went searching for a qualifying home.”
Listing activity slowed slightly from last month (down 0.03%) with 3,179 residential listings. The strong sales drove the sales to listing ratio to 80% from 68% last month. Prices continue to climb with one month increases of 0.6% for single family dwellings and 1% increases for condominiums. The average* SFD sold for $369,859 in June as compared to $367,672 in May or $351,870 on January 1. Condominiums sold for $247,071 on average in June; up from $244,734 in May and $234,286 at the start of the year. At the end of 2008 Q2, SFDs sold for $381,384 and condos sold for $262,365.
“Last year prices fell from the high point in March. This year prices have just continued to climb,” said Ponde. “Prices typically decline slightly in the second half of the year but the drop, if it occurs, will not be precipitous.”
The average days on market was 60 days or more early in the year but dropped to 49 in June; another indicator of buyer enthusiasm. At the end of June there were 6,785 residential properties active on the MLS® System (2.65 month supply at current sales volumes) which offers a wide range of choice for those eager buyers.
HAMPTONS LIVING
• 1,810 sq. ft., 4 bath, 5 bdrm 2 story "BONUS ROOM" - MLS® $389,900
Hamptons, Edmonton - Nestled in a private location in the prestigious Hamptons, this home will stand out as a winner among the rest. The front entrance has bright natural light pouring in plus a soaring high ceiling. Upgraded, hardwood flooring leads you into the spacious living area with fireplace and built in cabinetry. The open kitchen with upgraded appliances will inspire the chef in you and overlooks the cozy dining space. The private back yard is ready for your next bbq and overlooks a quiet crescent. Upstairs the spacious bonus room is accented with extra windows allowing more natural light to fill the space. The master bedroom has a wonderful walk in closet and full en suite which will keep harmony in the household. The professionally developed basement includes extra storage and 2 large bedrooms, one with a full en suite, this home has used all of the space brilliantly. The insulated attached garage adds even more comfort and convenience, this home is simply spectacular!
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Applewood, Calgary - The single story at 320 APPLESTONE PA SE has been sold.
Property information
Edmonton, May 4, 2009: Sales activity on the Edmonton Multiple Listing Service® increased in April as compared to last month and April 2008. There were 3,019 residential properties listed in April with sales of 1,843 (up 33.6% from last month and 1.1% from April 2008).
The average* price of single family homes in the Edmonton area was up 1% from March but, at $353,386, was still 8.5% below the last April price of $386,033. Condo prices were up 2.4% from last month to $236,020 while duplex/rowhouse prices were up 5.2% at $291,068.
“Increased sales activity is evident in most real estate offices and some REALTORS® are reporting multiple offers on select properties,” said Charlie Ponde, president of the REALTORS® Association of Edmonton. “However, inventory is still relatively high and sellers should price their properties aggressively to attract offers.”
The number of residential properties available through the MLS® System on April 30 was 7,539 – up 1% from last month but well below the glut in April last year when there were 10,606 properties available. The year-to-date sales-to-listing ratio is just 46% but the April S/L ratio of 61% is an indicator of increased activity. Average days-on-market in April was 51 – a number last seen in March 2008.
“REALTORS® are optimistic about the Edmonton market,” said Ponde. “In-migration figures are positive, retail sales in Alberta are still higher than the rest of the country and unemployment figures are lower than other parts of Canada. First-time buyers are entering the market because of historically low interest rates and renovation incentives are encouraging move-up buyers to consider relocation.”
Total sales through the MLS® System for the month were valued at $635 million with a year-to-date total of $1.75 billion. Total YTD sales value is down 23% from the same time last year but sales are off by just 16%.
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Highlights of MLS® activity
| April 2009 activity | Record for the month* | % change from
April 2008 |
| Total MLS® System sales this month | 2,008 | -1.90% |
| Value of total MLS® System sales - month | $635 million | -9.00% |
| Value of total MLS® System sales - year | $1.7 billion | -23.00% |
| Residential¹ sales this month | 1,843 | 1.10% |
| Residential average price | $312,127 | -7.40% |
| SFD² average selling price - month | $353,386 | -8.50% |
| SFD median³ selling price | $337,000 | -1.00% |
| Condo average selling price | $236,020 | -8.10% |