4,830 Property for Sale in Edmonton listings are price checked
Listings from condos.ca, holprop.com and 14 more
Property value calculations
Do not overpay! With property price calculations you can make better choices when you are looking for your next place to live.
Using artificial intelligence, we analyse property adverts daily from various property portals, saving you time and providing valuable insights.
How we calculate property prices
The estimated market value for properties is calculated by using a proprietary formula that includes detailed information about a home (bedrooms, bathrooms, size and so on), Additionally, location, market dynamics and other key details are extracted from property listings to determine the correct price evaluation.
The precision of the estimates rely on the availibility of data and should serve as guidance rather than absolute certainty.
We remain committed to transparency and providing valuable market insights to our users, by helping them navigate the property market with confidence.
Living in Edmonton: A Quick Guide to the Real Estate Market & Neighborhoods
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Market status in Edmonton
Our catalog on AllClassifieds offers a comprehensive overview of the real estate sales market status in Edmonton (Alberta, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with houses leading with an average price of $ 612,400 CAD, an average size of 1,641 sqft, and representing 69.3% of listings. Condos follow with an average price of $ 314,500 CAD, an average size of 983 sqft, and 26.5% of listings. Townhouses make up 2.6% of listings, with an average price of $ 307,500 CAD and an average size of 1,244 sqft.
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FAQ
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What are the property taxes in Edmonton and are there any other ongoing costs I should consider?
In Edmonton, property taxes are calculated based on the property's assessed value. In 2022, the residential tax rate was 0.00663040. Other ongoing costs include utilities, home insurance, and maintenance expenses. For specific tax amounts and more detailed information, visit the City of Edmonton's official website or contact your local property tax office.
What types of upfront costs and fees will I have to pay when purchasing a property in Edmonton?
When purchasing a property in Edmonton, you'll need to cover several upfront costs: a home inspection ($ 400 CAD -$ 600 CAD), lawyer fees ($1,500-$ 2,000 CAD ), and a land transfer tax which varies based on the property value. Registration and appraisal fees might also apply. Keep in mind, these are estimates and costs can vary. Always consult with a professional for accurate figures.
How does the Edmonton property market compare to ther regions in the Canada?
The Edmonton property market offers more affordable housing options with an average price of approximately $ 377,931 CAD , compared to Vancouver's $ 1,235,000 CAD and Toronto's $ 1,074,791 CAD . With lower prices, Edmonton presents an attractive opportunity for buyers looking for value in their investment or a reasonably priced home. Prices can be verified as of early 2023.
How competitive is the Edmonton property market?
The property market in Edmonton, Alberta, Canada, is moderately competitive. For example, in September 2023, the average house price in Edmonton was approximately $ 383,362 CAD . Moreover, properties tend to sell after an average of 53 days on the market, indicating a balanced demand among buyers and sellers in the region.
