Tag Archive for: Edmonton homes for sale

what Edmonton home buyers look for

What Makes an Edmonton Home Feel Like “The One”?

Most home buyers begin their search with a list.

Maybe you need three bedrooms, a double garage and a finished basement. You want a certain part of Edmonton, enough backyard space for the kids or dog, and a commute that doesn’t make you regret moving. You’ve probably also decided what you absolutely don’t want.

Then you start looking at homes.

And sometimes, the house you fall in love with isn’t the one that checks every box.

There is a point during many home searches when a buyer walks through the door and something simply clicks. They start looking at the rooms differently. Instead of evaluating someone else’s house, they begin imagining their own life there.

So, what makes an Edmonton home feel like “the one”?

It Often Starts Before You Walk Through the Door

First impressions begin before a showing officially starts.

The drive into the neighbourhood matters. So does the street, the neighbouring homes, the trees, the traffic and what you notice when you pull into the driveway.

Can you picture walking around the neighbourhood after dinner? Is there a park nearby? How long would it take to get to work? Where would you grab coffee on Saturday morning?

This is one reason choosing the right Edmonton neighbourhood can be just as important as choosing the right house. You can renovate a kitchen. You can’t move the property to a different street.

The Layout Makes Sense for Your Life

Square footage tells you how large a home is, but it doesn’t tell you how well that space works.

A smaller home with a thoughtful floor plan can feel much more comfortable than a larger property with awkward or unused rooms.

Buyers often respond to homes where everyday life is easy to imagine. There is somewhere to drop shoes and backpacks when you come inside. The kitchen connects naturally to the living space. Bedrooms provide enough privacy. The basement has a purpose. There is enough storage for the things that don’t appear in listing photos.

When buyers stop thinking about room dimensions and start talking about where their furniture would go, that’s often a good sign.

Natural Light Can Change Everything

There is a reason bright homes tend to make a strong first impression.

Natural light can make rooms feel larger, warmer and more inviting. Window placement, exposure and even the trees surrounding the property can dramatically change how a home feels throughout the day.

In Edmonton, where winters bring shorter daylight hours, good natural light can be particularly appealing.

It isn’t necessarily about having enormous windows everywhere. Sometimes it’s simply a home that feels bright and comfortable when you walk through it.

The Backyard Feels Usable

After an Edmonton winter, outdoor space gets plenty of appreciation.

For some buyers, that means a large yard where children can play. Others would rather have a smaller, low-maintenance space with a deck or patio. Gardeners may immediately notice sun exposure, while someone with a dog might head straight for the fence.

The best backyard isn’t necessarily the biggest one.

It’s the one that works for the way you want to spend your time.

Buyers Start Looking Past the Imperfections

One of the most interesting moments during a home search happens when buyers suddenly become willing to compromise.

The kitchen cabinets aren’t quite what they wanted, but they could paint them.

The flooring is dated, but that’s replaceable.

The basement isn’t finished, but now they’re thinking about what they could do with it.

This doesn’t mean overlooking serious problems. It means recognizing the difference between something that can reasonably be changed and something that can’t.

Understanding which home improvements are cosmetic and which could become significant expenses is important when deciding whether a property is truly a good fit.

The Checklist Starts to Change

Buyers sometimes discover that the things they thought were essential aren’t actually the things that matter most.

Someone who insisted on a huge backyard may realize they’d rather have a smaller yard within walking distance of the River Valley. A buyer looking exclusively for a completely renovated home might discover they’d happily take on some cosmetic updates to get the neighbourhood they love.

That’s part of the value of seeing homes in person.

Online listings are incredibly useful for narrowing a search, but they can’t fully tell you how a home, street or neighbourhood will feel when you’re actually there.

You Can Picture Everyday Life There

Perhaps the biggest sign is also the simplest.

You can see yourself living there.

Not just hosting a dinner in the beautiful kitchen or sitting on the deck on a perfect July evening, but doing normal things.

Coming home from work.

Making breakfast.

Putting groceries away.

Walking the dog.

Shovelling the driveway in January.

When a home works for ordinary life as well as the highlight-reel moments, buyers often begin to see it differently.

But Don’t Let Emotion Make the Entire Decision

Feeling connected to a home matters, but buying a property is still a significant financial decision.

Before making an offer, buyers should consider the home’s condition, comparable sales, neighbourhood, inspection findings, ongoing costs and whether the property will continue to meet their needs.

This is also where working with an experienced Edmonton REALTOR® becomes particularly valuable. A good REALTOR® can share your excitement about a property while still helping you look objectively at the things that matter before making an offer.

Finding the Right Edmonton Home

There isn’t a formula for finding “the one.”

Sometimes it’s the beautifully renovated house that checks virtually every box. Other times, it’s the home you almost didn’t book a showing for.

The goal isn’t necessarily to find a perfect house. It’s to find a home where the things that can’t easily be changed are right, the things that can be changed are manageable, and the property fits the life you actually want to live.

If you’re considering buying a home in Edmonton, Steve Leddy can help you explore your options, compare neighbourhoods and properties, and determine which homes deserve a closer look. Reach out today for more details!

Frequently Asked Questions

How do you know when you’ve found the right house?

The right home usually balances practical requirements with how you feel about the property. Location, layout, affordability and condition should make sense, but you should also be able to comfortably imagine your everyday life there.

Should I compromise when buying a home in Edmonton?

Most buyers make some compromises. The key is distinguishing between features that can be changed, such as paint, flooring or finishes, and factors that are difficult or impossible to change, such as location, lot size and the home’s fundamental layout.

How many homes should I view before making an offer?

There is no ideal number. Some buyers find the right property quickly, while others need to see many homes before understanding what matters most to them. Viewing properties can also help refine your priorities.

Should I buy a home that needs cosmetic updates?

A home requiring cosmetic improvements can be worth considering if the location, layout, condition and price are right. Paint, flooring and finishes can often be changed over time, while many of the home’s most important characteristics cannot.

What should I look for when viewing an Edmonton home?

Consider more than finishes and décor. Pay attention to the neighbourhood, natural light, layout, storage, property condition, outdoor space, parking and how well the home would work for your everyday needs.

edmonton houses for sale real estate outlook 2024

Houses for Sale in Edmonton: 2024 Market Outlook

Happy New Year to everyone! If you’re considering entering the Edmonton housing market this year, you’ve come to the right place. Throughout 2023, Edmonton consistently ranked among the top places to live in Canada in terms of affordability and opportunity. Additionally, it boasted some of the most stable housing prices, as reported by CREA. Now, you might be wondering about the changes expected in 2024. What can buyers and sellers anticipate in this year’s market? In this article, I will provide a market outlook for the New Year, offering insights into the latest trends and projections. Join me below as we delve into what to expect from the housing market in Edmonton in 2024!

Trends to Expect From Houses for Sale in Edmonton in 2024

In 2024, buyers and sellers can expect to see some shifts in the market. One of the predictions outlined by experts this year is that the market will shift from one that is balanced to one that favours sellers. This means lower inventory levels and more demand from buyers. So, for those who have been waiting for the right time to list their homes for sale, now may be your chance. 

In Edmonton, RE/MAX forecasted that the two greatest trends that will impact the area will be rising interest rates and interprovincial migration from Ontario. Interest rates will continue to play a crucial role in shaping the dynamics of the real estate market. As interest rates go up, the cost of borrowing will follow suit which is likely to affect the decisions of both buyers and sellers. Higher interest rates in Edmonton may cause changes in affordability in Edmonton which is something the city has yet to see thanks to its stability over the past year. 

As for new residents migrating from Ontario, this will likely equate to more competition for housing. Thus, influencing the value of property in Edmonton and surrounding areas. With Ontario being one of the least most affordable provinces to live in Canada, it’s no surprise that many will be making the move to Edmonton this year. 

Sellers should be aware that single-family homes will be the most popular in 2024. This prediction suggests that among all property types, single-detached homes will be preferred among buyers. If you’re looking to list your single-family home, be sure to tailor your listing in accordance with this trend. Factors such as a growing desire for more space and a heightened sense of privacy are driving the popularity of this housing type. 

Other Items to Note Going Into the Edmonton Real Estate Market in the New Year

Whether you are a buyer or seller going into the Edmonton real estate market, there are some other items worth noting. For instance, in 2024, the city is expecting to experience a four percent increase in average residential prices and a decline of five percent in regard to sale transactions. 

During 2024, experts envision that the top three most desirable neighbourhoods in Edmonton will be Oliver/Downtown, Rutherford/Heritage Valley, and Terra Losa. Recognizing the desirability of these areas holds value for both sellers and buyers. For instance, buyers may want to begin their search in one of these neighbourhoods, as current popularity often signals a smart investment opportunity. Furthermore, sellers in these locales can enhance their market appeal by highlighting unique characteristics that make their property stand out. Thereby, minimizing their home’s days on the market and attracting prospective buyers!

It has also been noted that similar to national trends, the rising interest rates have had a cooling effect on the Edmonton market. However, despite the growing rates, Edmonton has been able to remain relatively affordable. Thus, reinforcing the province’s resilience. Edmonton’s low housing prices and high household incomes are two of the main reasons driving Canadians from out of province to relocate to this city. 

Contact me About Houses for Sale in Edmonton in 2024!

If you’re looking to jump into the real estate market in Edmonton in 2024, now is the time to begin. 2024 is going to bring plenty of opportunities for sellers and buyers alike. Contact me today to learn more about buying or selling houses for sale in Edmonton this year. I’d be happy to answer any questions you have about how to achieve your New Year’s real estate goals. Feel free to reach out to me at any time! Be sure to check back next month for more real estate-related information.

I look forward to working with you in 2024!