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Why You Should Work with a Real Estate Agent When Buying Your First Home

(Especially If You're Worried About the Cost)


Are Realtors worth it for first-time buyers? Learn why working with a Real Estate agent is essential—especially in Edmonton—and why buyers don’t pay their agent directly.


Buying Your First Home? You Don't Have to Do It Alone

If you’re thinking about buying your first home in Edmonton, you’ve probably got a mix of emotions going on—excitement, nervousness, confusion, and maybe even a little skepticism. I get it.

You might be asking yourself:

  • Do I really need a Real Estate agent?

  • Aren’t they expensive?

  • Can’t I just find a house online myself?

These are fair questions. But here’s the truth: when you’re buying your first home, the right Realtor is more than a door-opener or paperwork pusher—they’re your guide, advocate, and shield throughout a very complex process.

And here’s the kicker: you don’t pay your Realtor directly. I’ll explain more on that in a bit. But first, let’s talk about what a good agent actually does for you.


1. A Realtor Simplifies a Complicated Process

If you’ve never bought a home before, it’s easy to underestimate how many steps are involved—and how many ways things can go sideways.

I walk you through every stage of the process:

✅ Getting pre-approved
✅ Understanding your budget and priorities
✅ Booking and attending showings
✅ Analyzing the value of a property
✅ Making an offer that protects you
✅ Managing conditions (like financing and inspections)
✅ Keeping deadlines on track
✅ Helping you close without surprises

There are over 20 key steps between finding a home and getting the keys—and every one of them can impact your money, time, or legal rights. My job is to keep you safe, informed, and confident every step of the way.


2. Most Buyers Don’t Know What They Don’t Know—That’s Okay

Buying your first home is like learning a new language. There are terms like “subject to financing,” “deposit,” “closing costs,” “title insurance,” and “adjustments” that can make your head spin.

When you work with me, you don’t have to pretend you know it all. I break it down in everyday language, and I’ll keep you informed without overwhelming you.

You’ll know exactly what’s happening, what’s coming next, and what decisions need to be made—before they sneak up on you.


3. Your Realtor Is Free (Yes, Really)

Let’s tackle the elephant in the room: the cost.

Most people assume that working with a Realtor must be expensive, especially if you’re already worried about affording a down payment or closing costs. But here’s what most first-time buyers don’t realize:

In almost every case, the buyer’s Realtor is paid by disbursements made by the seller’s lawyer at closing. The purchase price of the home includes the Realtor’s commissions - meaning you don’t need to pay them out of pocket.

That means:

  • You get all the professional advice, negotiation skills, and contract management—without paying out of pocket.

  • You don’t need to save extra to cover the Realtor’s costs.

  • You get full representation, without any hidden fees.

Here’s how it works: when a seller lists their home, they agree to pay a commission—usually split between the seller’s agent and the buyer’s agent. That money comes from the sale price and is paid out on closing.

So if you don’t hire a Realtor, the seller’s agent often keeps the full commission—while you get no representation. It’s literally a lose-lose proposition.

Bottom line? Not using a Realtor doesn’t save you money. It can actually cost you more in the long run.


4. Local Knowledge = Better Results

Born and raised right here in Edmonton, and currently living in the West End, I know this city inside and out—especially family-friendly areas like Edgemont, The Hamptons, Secord, and nearby communities.

I’ll help you:

  • Avoid overpriced or underperforming neighbourhoods

  • Find hidden gems that match your lifestyle and budget

  • Understand future developments that could affect home values

  • Choose communities with good schools, parks, transit, and walkability

You can Google neighbourhood stats, but you can’t Google lived experience. I’ll give you honest insight based on real-life knowledge, not just numbers.


5. I Help You Stick to a Budget You Can Actually Live With

Banks might approve you for more than you’re comfortable spending—and that’s dangerous if you’re not careful.

I help you look beyond just the mortgage payment and consider:

  • Property taxes

  • Utility costs

  • Maintenance and upkeep

  • Emergency savings for surprise repairs

  • What you'll still need to furnish or fix up after you move in

Owning your first home should feel empowering, not overwhelming. I’ll help you find a property that fits your life and your bank account.


6. I Catch the Deal Breakers Before You Make an Offer

You know what’s worse than overpaying for a house? Moving in and realizing you missed the warning signs.

During showings, I help you spot red flags like:

  • Water stains or moisture issues

  • Cracks in the foundation

  • Bad renovations or DIY jobs

  • Roofing and window concerns

  • Layout flaws that don’t work in real life

I’m not trying to scare you off—I’m protecting your investment. My job is to make sure you go in with eyes wide open.


7. I’ll Negotiate Like It’s My Own Money on the Line

Negotiation isn’t just about price. It’s about possession dates, inclusions, conditions, repairs, and timelines.

I handle the back-and-forth with the seller’s agent and ensure your interests are protected. Whether the market is red-hot or slowing down, I’ll guide you on:

  • How aggressive we can be

  • When to walk away

  • What’s fair (and what’s not)

  • What terms give you flexibility and safety

This part alone can save you thousands—not to mention a ton of stress.


8. I Handle the Paperwork, Timelines, and Legal Stuff

There’s a lot of paperwork in a real estate transaction—offer to purchase, addendums, waivers, condition removal forms, trust agreements... it’s no joke.

Miss a single date or detail, and you could lose your deposit—or the house itself.

I keep everything organized and on track, working directly with your mortgage advisor and lawyer to make sure nothing slips through the cracks.


9. You Don’t Have to Worry About Making the Wrong Decision

One of the biggest fears for first-time home buyers is making a mistake—buying the wrong home, overpaying, missing a problem, or feeling buyer’s remorse.

I’m not here to “sell” you anything. I’m here to advise you. That means I’ll be honest if a home is:

  • Overpriced

  • In a declining neighbourhood

  • Poorly built or renovated

  • Wrong for your goals (even if it looks great)

You can count on me to give it to you straight—even if it means walking away.


10. I Protect You From Legal Liability and Financial Risk

Buying a home isn’t just a financial decision—it’s a legal contract with a ton of fine print. If you’re not careful, one misstep can leave you legally exposed or stuck with unexpected costs.

As your Realtor, I protect you from the kinds of risks you may not even know exist.

Here’s how I help safeguard you:

  • Clear Conditions: I ensure we write strong conditions into your offer—like financing, home inspection, and review of documents. These clauses give you legal outs if something goes sideways.

  • Deadlines and Timelines: Every step has a clock on it. If you miss a deadline—even by a day—you could lose your deposit or waive a right you meant to keep. I manage those timelines so you're never caught off guard.

  • Contract Language: I make sure the offer includes everything you expect—appliances, window coverings, even possession dates. Leaving details out creates grey areas that can turn into legal headaches.

  • Document Review: For condos or newer homes, I make sure you have the chance to review all necessary documents—like condo bylaws, reserve fund studies, or warranty coverage—and flag any concerns early.

  • Avoiding Dual Agency Pitfalls: If you go directly to the listing agent, they legally represent the seller. That means no one is protecting you. When I work for you, I work only for you. No conflicts. Just clear, loyal representation.

Bottom line: I help make sure the contract you're signing protects your interests—not just the seller’s.


Frequently Asked Questions (FAQ)

✅ Do I need a Realtor to buy a house in Edmonton?

You don’t have to hire a Realtor—but going it alone means you’re navigating one of the biggest financial decisions of your life without expert guidance. You’ll also have to deal with contracts, negotiations, inspections, and legal timelines on your own.

For most first-time buyers, working with a Realtor is a no-brainer.


✅ How much does it cost to use a buyer’s agent in Alberta?

In almost all cases, it costs you nothing. The seller pays your agent’s commission as part of the sale. You get full professional service—without paying out of pocket.


✅ Will I get a better deal if I don’t use a Realtor?

No. The seller typically pays the same total commission whether you have a Realtor or not. If you skip representation, their agent may just keep the full commission—and you miss out on expert guidance and protection.


✅ When should I reach out to a Realtor?

Honestly? The earlier the better. Even if you're 6–12 months away from buying, I can help you:

  • Understand the market

  • Get pre-approved

  • Set realistic expectations

  • Build a game plan

This way, when the right home pops up—you’re ready.


✅ Can’t I just use REALTOR.ca or Zillow?

Those sites are great for browsing, but they don’t:

  • Alert you to homes before they hit the market

  • Give you context about pricing or value

  • Help you negotiate

  • Spot potential issues

  • Protect your legal rights

Your Realtor does all that—and more.


Let’s Make Your First Home Purchase a Smart One

Buying your first home is a huge milestone—but you don’t have to do it alone. If you want someone who’s in your corner, who knows Edmonton inside and out, and who genuinely wants to see you succeed—I’m here to help.

📍 Based in West Edmonton. Helping first-time buyers in the Greater Edmonton Area.

👉 Let’s Chat - I’m available at 780.232.2064.

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Why It's Important to Know What Your Home Is Worth

As a homeowner in Edmonton, understanding the true value of your property is more than just a number—it's an essential part of making informed financial decisions. Whether you're planning to sell, refinance, renovate, or simply want to track your investment, knowing what your home is worth puts you in control.

A 2023 report by the Canadian Real Estate Association (CREA) shows that home prices can fluctuate significantly year over year, depending on the region, market conditions, and broader economic trends. Staying informed about your home's value ensures you can respond effectively to changes in the real estate market and make decisions that protect and grow your wealth.

1. Plan Your Next Move Strategically

Thinking about upgrading to a larger home or downsizing into something smaller? Knowing your current home's market value helps you estimate your available equity and determine a realistic budget for your next purchase.

Equity is the difference between what your home is worth and how much you owe on your mortgage. For example, if your home is worth $500,000 and your mortgage balance is $350,000, you have $150,000 in equity. This equity can be used toward the down payment on your next home, closing costs, or other investments.

Additionally, knowing your home's value can help you time your move. In a seller's market, where demand outpaces supply, you may be able to sell for top dollar. In a buyer's market, it may be better to wait or adjust your pricing strategy accordingly.

2. Be Prepared for a Sale

If an unexpected opportunity or life change arises, you'll want to be ready. A current home evaluation means you can move quickly and confidently when the time comes to list. Selling a home involves many moving parts—from staging and marketing to legal paperwork and negotiations—and knowing your price point ahead of time makes the process smoother.

A proactive approach can also reduce stress during major life transitions such as job relocation, family changes, or retirement. With a solid understanding of your home's worth, you can respond to opportunities without hesitation.

3. Avoid Overpricing or Undervaluing

Pricing your home correctly is critical to attracting buyers and closing the deal. Overpricing can lead to your home sitting on the market too long, ultimately requiring price reductions and eroding buyer interest. On the other hand, undervaluing your home can mean leaving thousands of dollars on the table.

According to a study by Zillow, homes priced correctly from the beginning sell faster and closer to their listing price than those that require price cuts. A professional home evaluation ensures your asking price is based on real, local market data and avoids costly pricing errors.

4. Refinancing or Home Equity Loans

If you're considering refinancing your mortgage or taking out a home equity line of credit (HELOC), your lender will need an accurate estimate of your home's market value. An updated home evaluation can help you:

  • Qualify for better loan terms

  • Increase your borrowing power

  • Speed up the application process

For instance, if your home's value has increased since your last mortgage, you may be able to refinance at a lower interest rate or borrow against your equity for renovations, investments, or debt consolidation.

5. Track Your Investment

Your home is likely your largest financial asset. Keeping tabs on its value helps you make smart decisions about renovations, insurance coverage, and long-term financial planning.

For example, if your home value rises significantly, you may want to adjust your homeowner's insurance policy to ensure it's adequately protected. Or, if you're considering selling in the future, tracking value trends can help you decide the right time to enter the market.

Homeowners who regularly monitor their property values are also more likely to spot opportunities to improve their home's appeal or boost its value through cost-effective upgrades.


What Impacts Your Home's Value?

Many factors influence your home's market value, including:

  • Recent Comparable Sales (Comps): The prices of similar homes recently sold in your neighborhood provide a baseline for determining your home's value.

  • Location: Proximity to quality schools, parks, public transit, shopping, and employment hubs significantly affects value.

  • Size, Layout, and Features: Larger homes and those with desirable layouts, finished basements, or additional bathrooms often command higher prices.

  • Condition of the Home: Well-maintained homes in move-in-ready condition typically sell for more than fixer-uppers.

  • Upgrades and Renovations: Strategic renovations, such as kitchen and bathroom upgrades, new roofing, or energy-efficient systems, can increase your home’s value. According to the Appraisal Institute of Canada, kitchen and bathroom renovations offer the highest return on investment.

  • Market Conditions: Broader economic trends, interest rates, housing inventory, and buyer demand play a major role in property values across Edmonton.


Why Online Estimates Aren't Enough

While online home value estimators (also known as AVMs or Automated Valuation Models) can offer a ballpark figure, they lack the nuance of a professional evaluation. These tools often rely on outdated or incomplete data and can be off by tens of thousands of dollars.

A 2022 study by the National Association of REALTORS® (NAR) found that over 60% of online valuations differ from the actual market price by more than 5%, and some by as much as 20%. A local expert can account for unique features, recent renovations, and neighborhood-specific trends that algorithms simply miss.


Book Your Free Home Evaluation

As a local REALTOR® with deep knowledge of the Edmonton real estate market, I offer free, no-obligation home evaluations to help homeowners like you make confident, informed decisions.

I take the time to visit your home in person, assess key factors, analyze current sales data, and provide a clear, accurate estimate of what your home is worth in today's market.

Ready to find out what your home is worth?
📞 Contact me today to schedule your free home evaluation. It could be the first step toward unlocking your next opportunity.


Frequently Asked Questions

How often should I get my home evaluated?
It’s a good idea to check your home’s value annually or whenever you experience major changes like renovations, refinancing, or market shifts. Regular evaluations help you stay ahead of trends and ensure you’re always informed.

Can I use an online home value estimator instead?
Online tools are a starting point, but they can't match the accuracy of a professional evaluation that considers local data, property condition, and in-person insights.

What does a home evaluation include?
A thorough home evaluation includes:

  • A walkthrough of your property

  • Analysis of comparable home sales

  • Review of local market trends

  • Consideration of upgrades and unique features

  • A detailed pricing analysis and market report

Is there any obligation if I book a free home evaluation?
Not at all. There’s no pressure or obligation to list—just good information you can use when you're ready. My goal is to empower you with knowledge so you can make the best decision for your future.

How long does a home evaluation take?
Most evaluations take about 30 to 60 minutes, depending on the size and complexity of your property. You'll receive a follow-up report shortly after our visit.


Mike Pabian
REALTOR®, RE/MAX Excellence
Helping Edmonton homeowners make smart real estate decisions.
📞 Call me today to book your free home evaluation at (780) 232-2064

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The #1 Fear First-Time Home Buyers Have — And How to Overcome It

Buying your first home is a huge milestone—but it can also come with some serious stress. The biggest fear I hear from new buyers here in Edmonton? What if I buy the wrong home?

That fear is completely normal. When you're making the biggest purchase of your life, you want to get it right. So let’s unpack that fear—and talk about how to make confident, informed decisions every step of the way.

Why “Buying the Wrong Home” is Such a Big Worry

This fear usually isn’t about one thing. It’s a mix of several concerns, like:

  • Overpaying or buying at the wrong time

  • Discovering issues after moving in (hello, surprise foundation crack)

  • Not loving the neighbourhood after a few months

  • Outgrowing the space sooner than expected

  • Regretting an emotional decision rather than a practical one

And in a competitive market like Edmonton—especially in sought-after areas like Edgemont or The Hamptons—it’s easy to feel rushed. That’s when doubt creeps in.

How to Avoid Buying the Wrong Home

Here’s the good news: with the right plan, support, and mindset, you can absolutely avoid this pitfall.

1. Get Clear on Your Needs vs. Wants

Before you even start house hunting, create two lists:

  • Needs: These are non-negotiables (number of bedrooms, commute time, school zone, etc.)

  • Wants: Nice-to-haves that can be flexible (a fireplace, walk-in closet, finished basement)

This helps you make decisions based on logic—not just emotion.

2. Know Your Numbers (and Your Limits)

Talk to a mortgage broker early and understand exactly what you can afford—not just in terms of mortgage payments, but also closing costs, property taxes, and ongoing maintenance.

I always encourage my clients to budget below their max approval. It gives you breathing room and peace of mind.

3. Learn the Neighbourhood First

Visit the area at different times of day. Check commute routes. Explore the parks, shops, and schools. Talk to a few locals. You’re not just buying a home—you’re joining a community.

If you’re not sure where to start, I specialize in west Edmonton neighbourhoods and can give you honest, insider info. If the west end isn’t your style, no problem - I was born and raised here and can provide personalized insights. More than that, I’ll back it up with data using a host of online portals and reports to ensure that if it matters to you, we know everything there is to know on a topic - from the nearest walking trails to local crime stats, I’ve got your back.

Go out for dinner in your target neighbourhood. 

Get groceries at the grocer near to where you want to be. 

Drive home one day to your target neighbourhood during rush hour to get a feel for the commute.

4. Don’t Skip the Home Inspection

Even if the market is hot, never skip the inspection. I repeat - never skip the home inspection! A qualified home inspector can save you from five-figure surprises after possession. If something’s flagged, we can negotiate repairs or walk away. You can’t make informed decisions if you’re not informed, so spend the money on a good inspector and sleep easier.

5. Take Your Time (Seriously)

Yes, timing matters—but you don’t have to rush. A good Realtor (hi!) will help you move fast when you’re ready without pushing you into something that doesn’t feel right.

How I Help First-Time Buyers Avoid Regret

I’ve worked with dozens of first-time buyers across Edmonton, and I get how overwhelming this process can be. My approach is all about clarity, confidence, and transparency. You’ll never be left guessing what’s next.

From breaking down confusing terms to helping you weigh pros and cons, I’m here to make sure you end up in a home that fits your lifestyle—and your budget. And if now isn’t the right time, I’ll help you make that decision as well. After all, I’m not the one that has to live there.

Final Thought: Fear Is Normal—Regret Is Preventable

You’re not alone in your fear. But you can take control. With the right plan and support system, you can go from anxious to excited—and find the home that truly feels like yours. Being anxious is normal, but having regrets means I didn’t do my job.


Frequently Asked Questions (FAQ)

1. What if I fall in love with a home that’s a bit over budget?
It’s tempting—but be careful. Even a small increase in monthly payments can cause strain long-term. Let’s look at the numbers together and see if it’s truly sustainable.

2. How do I know if a neighbourhood is “good”?
A good neighbourhood depends on your lifestyle. I’ll help you evaluate things like safety, schools, amenities, and future resale value.

3. What are the biggest red flags during a showing?
Look for signs of water damage, poor maintenance, musty smells, and cracks in the walls or foundation. A good home inspector will dig even deeper.

4. What if I buy a home and then realize it’s too small?
This is why we focus on long-term planning. If you're expecting to grow your family or start working from home, we’ll look for a home that fits where you're going, not just where you are.


If you’re feeling stuck or stressed about buying your first home, let’s chat. I’ll walk you through every step, answer your questions honestly, and make sure you feel ready when it’s time to make an offer.

📍 Based in west Edmonton | 🤝 Focused on first-time buyers | 🏡 Your next move starts here


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Why Spring Is the Best Time to Sell Your Home in Edmonton

Thinking about selling your home in Edmonton? Spring might just be the perfect time. With longer days, warmer weather, and a seasonal surge in buyer activity, spring offers ideal conditions to attract motivated buyers and get top dollar for your property.

Here’s why listing your home in spring gives you a competitive edge — backed by Edmonton market trends, real data, and a proven marketing strategy that delivers results.


🏡 1. Spring Brings More Buyers Into the Edmonton Market

Spring marks the unofficial start of the busy real estate season in Edmonton. After months of winter hibernation, buyers who postponed their search during the colder months are ready to act.

According to the Realtors Association of Edmonton (RAE), home sales typically increase by 30% or more between February and May. In April 2023, for example, there were 1,935 residential sales, a significant jump from January’s 1,164. [RAEMarketStats](https://realtorsofedmonton.com/market−stats/)[RAE Market Stats](https://realtorsofedmonton.com/market-stats/)

Buyers are more motivated, and there’s often a sense of urgency — especially for those wanting to move before summer or the new school year.


📈 2. Edmonton Housing Inventory Ramps Up — But So Does Demand

Spring brings more inventory, but it also brings more qualified buyers. Many sellers wait for this time of year to list, but buyers have also been waiting to make their move. The result? A vibrant, competitive market.

Even though new listings increase in the spring, homes that are priced right and marketed effectively can still stand out, often receiving multiple offers or selling quickly.


☀️ 3. Your Home Shows Better in Spring

Presentation matters — and spring is when your home looks its best:

  • Snow is gone

  • Yards are greening up

  • Natural light fills your rooms

These seasonal advantages help buyers connect emotionally with your home. First impressions count, and curb appeal in the spring can play a huge role in maximizing your sale price.


🌟 4. Timing Works in Your Favour

Spring listings often close in late spring or early summer, which is perfect for families who want to settle in before September. This creates a sense of urgency for buyers to act fast, especially those with school-aged kids.

By listing in March, April, or early May, you catch these buyers at exactly the right moment — before the summer slowdown begins.


📊 Spring Market Snapshot: Edmonton Real Estate

Here’s what the numbers tell us about Edmonton’s real estate seasonality:

Month Total Residential Sales New Listings Days on Market
January 2023 1,164 2,270 65 days
April 2023 1,935 3,876 43 days

Source: RAE Monthly Reports

Key takeaway: Homes sell faster and in greater volume in the spring.


🤝 Thinking of Selling This Spring?

If you're ready to take the next step, I’m here to help — and not just by putting a sign on your lawn.

📌 Let’s Talk Strategy — The Pabian Realty Difference

When you list with me, you're getting far more than just a REALTOR®. You’re getting a personalized, full-service marketing partner focused on selling your home quickly and for top dollar. Here’s exactly how I do it:

🚪 1. Neighborhood-Level Exposure (Yes, I Knock Doors!)

I personally canvas the neighborhood by foot, door-knocking to spread the word about your listing. This boots-on-the-ground approach generates buzz before your home even hits the market — and it’s something most agents simply won’t do.

📸 2. Professional Photography That Makes an Impact

Buyers shop with their eyes first. I work with top-tier professional photographers to capture your home in its best light, including:

  • Wide-angle interior shots

  • Twilight exteriors for that high-end look

  • Drone photography for an elevated perspective

🎥 3. Cinematic Virtual Tours, Aerial Photography and Video Walkthroughs

I provide immersive 3D virtual tours and high-quality video walkthroughs to showcase your home to local and out-of-town buyers. Buyers can tour your home 24/7 from any device.

🌐 4. Custom Property Website

Your home gets its own feature on my dedicated website, featuring:

  • Listing details, photos, and virtual tour

  • A booking form for private showings

  • Detailed description of both the listing and the neighbourhood - we’re not selling a home, we’re selling a lifestyle!

📱 5. Targeted Social Media Marketing

I use a multi-platform social media strategy that includes:

  • Sponsored Facebook & Instagram ads

  • Content on my @pabianrealty profile

  • Reels, teasers, and behind-the-scenes clips

  • Community-focused posts across local groups

🧰 6. Smart Pricing & Market Positioning

I combine local expertise with detailed market data to price your home competitively. We’ll review comparables, buyer behavior, and seasonal trends to attract strong offers early.

⏰ 7. Launch Strategy That Gets Results

From "coming soon" buzz to a strong listing day push, my launch plan includes:

  • Pre-listing neighborhood alerts

  • Same-day MLS + social media rollout

  • Open houses with digital invites and local promotion

🧳️ 8. White-Glove Client Service

You’ll never be passed off to an assistant. I’m your hands-on guide from prep to closing. Whether it’s helping you declutter, review offers, or navigate negotiations, I’m here at every step.


🚀 Let’s Maximize Your Sale This Spring

Want your home to stand out in a busy market? Let’s build a custom selling plan designed for your property, your timeline, and your goals. I don’t mess around, and I’m tenacious. I won’t rest until you’re absolutely satisfied.

📅 Book a no-obligation home evaluation and spring market strategy session today by calling or texting 780-232-2064!


❓ FAQ: Selling Your Home in Spring (Edmonton Edition)

When is the best month to sell a house in Edmonton?

The best months to sell in Edmonton are typically April, May, and June, when buyer demand is high and homes sell faster. Spring sales often close before summer, appealing to families planning a move before the next school year.

Do homes sell for more in the spring?

Yes, historically homes sell closer to asking price in the spring due to increased demand. More buyers competing for limited inventory can lead to stronger offers and even bidding wars.

How long do homes take to sell in spring?

On average, homes sell 15–25% faster in spring compared to winter. In April 2023, the average days on market in Edmonton dropped to just 43 days, compared to 65 days in January.

Should I wait until summer to sell?

Not necessarily. Summer often sees a slowdown in activity, especially in late July and August when families go on vacation. Spring is the sweet spot — high buyer interest, great weather, and optimal showing conditions.


Ready to List? Let’s Make This Spring Your Selling Season 🌼

I’m Mike Pabian, your local Edmonton real estate expert. I specialize in helping first-time sellers and move-up buyers navigate the process with clarity and confidence.

📍 Serving the Greater Edmonton Area
💬 Call/text: 780-232-2064
📩 Or message me directly at mike@pabianrealty.ca

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Why Living in Walker, Edmonton Is a Smart Move (Especially If You’re Checking Out 5272 – 21 Ave SW)

If you're exploring homes in Southeast Edmonton, 5272 – 21 Ave SW in Walker might be exactly what you’ve been waiting for. This isn't just about the home itself—it's about everything that comes with it: the parks, the schools, the walking trails, and the sense of community.

Let’s dive into why Walker is quickly becoming one of Edmonton’s most sought-after neighbourhoods for families, professionals, and anyone looking for a fresh start in a thriving area.


Parks, Trails, and Natural Beauty All Around You

One of the biggest draws to Walker is how much green space surrounds you—perfect for morning jogs, dog walks, or just a quiet evening stroll.

🌳 Walker Park

Just 10 minutes on foot from 5272 – 21 Ave SW, Walker Park offers a large open green space with a playground, benches, and paved paths. It’s a great spot for kids to play or for catching up with neighbours.

  • Walk: 10 minutes

  • Drive: 2 minutes

🐾 Stormwater Ponds & Walking Trails

There are five beautifully landscaped stormwater ponds in Walker, many connected by a network of walking trails that weave through the community. These paths offer scenic, peaceful walks just minutes from your door—perfect for walking the dog, pushing a stroller, or clearing your head after work.

  • Walk: As close as 5 minutes

  • Drive: Not needed—they’re within your own neighbourhood



Schools That Make the Grade

If you have kids—or plan to—you’ll appreciate the nearby schools that are just a short walk or drive away.

📚 Shauna May Seneca School (K–9)

A highly-rated public school known for its innovative programs and strong community involvement.

  • Walk: 15 minutes

  • Drive: 3 minutes

  • Transit: 8–10 minutes with ETS

✝️ Corpus Christi Catholic Elementary/Junior High School

Faith-based education with a strong academic foundation and family-friendly atmosphere.

  • Drive: 5 minutes

  • Transit: 10–12 minutes

These schools are known for their safe, inclusive environments and are a huge reason families love putting down roots in Walker.


Dog Parks & Outdoor Fun

Got a pup that needs room to roam? You’re in luck.

🐶 Paisley Off-Leash Dog Park

Just a short drive away, Paisley Off-Leash Area is a spacious, well-maintained dog park where your furry friend can run, sniff, and socialize.

  • Drive: 10 minutes

🌲 Jackie Parker Off-Leash Dog Park

A favourite among southside dog owners, Jackie Parker’s off-leash area also includes a small lake, walking trails, and nearby playgrounds.

  • Drive: 15 minutes




Commuter Convenience

Walker gives you easy access to key routes like Ellerslie Road and Anthony Henday Drive, making commuting a breeze whether you’re heading downtown, to the airport, or anywhere else in the city.

🚍 Transit Access

ETS bus stops are located throughout Walker, connecting you to major transit hubs and LRT stations. A planned transit centre is also in the works for even better connectivity in the near future.


Community with Character

Did you know Walker is named after George Walker, a major contributor to housing and urban development in Edmonton? Even the streets have stories—named after local legends like Watt, Welsh, and Winspear. It’s a neighbourhood built on legacy and designed for growth.


FAQ: Living in Walker, Edmonton

❓What are the best parks in Walker?

Walker Park is the local go-to for families, while the multiple stormwater ponds offer relaxing walking trails and open green space. Paisley and Jackie Parker dog parks are nearby for pet owners.

❓Are there schools within walking distance?

Yes! Shauna May Seneca School is just a 15-minute walk away. Corpus Christi Catholic School is a short 5-minute drive.

❓Is Walker a good neighbourhood for families?

Absolutely. With quality schools, playgrounds, walking trails, and quiet residential streets, Walker is ideal for growing families.

❓How far is Walker from downtown Edmonton?

It’s about a 25–30 minute drive to downtown depending on traffic, and easy access to the Henday means quick travel to other parts of the city.

❓Is public transportation available?

Yes, Walker is serviced by ETS, and a new transit centre is planned for the area to enhance future connectivity.


Final Thoughts: Is 5272 – 21 Ave SW Your Next Home?

If you're looking for a move-in-ready home in a safe, connected, and nature-filled community, 5272 – 21 Ave SW puts you right where you want to be. Whether you're walking your dog, sending your kids to a nearby school, or enjoying your morning coffee beside a scenic pond, Walker has everything you need to live well in Edmonton.


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Spring Home Tips: Essential Advice for Homeowners & Sellers in Edmonton

Spring is here in Edmonton, and that means it’s time for home maintenance, fresh curb appeal, and preparing for a hot real estate market! Whether you own a home and want to keep it in top shape or you're selling your home this spring, taking the right steps now can save you money and attract buyers.

In this guide, we’ll cover essential spring home maintenance tips and spring home selling strategies to maximize your home’s value and appeal.


Spring Home Maintenance for Homeowners

Even if you’re not planning to sell, spring is the best time to give your home a seasonal refresh and tackle any damage from Edmonton’s winter.

1. Inspect Your Home for Winter Damage

🔍 Why it matters: Freezing temperatures, ice buildup, and heavy snow can damage your roof, foundation, and siding. Ignoring small issues can lead to expensive repairs later.

Action Steps:

  • Check for loose shingles or cracks in your roof.

  • Look for foundation cracks or water pooling near your home.

  • Examine your siding for any warping or moisture damage.


2. Clean Gutters & Downspouts

🌧️ Why it matters: Blocked gutters can lead to water damage and even basement flooding as snowmelt and spring rain increase moisture levels.

Action Steps:

  • Remove leaves, twigs, and debris from gutters.

  • Ensure downspouts direct water at least 6 feet away from your foundation.


3. Service Your HVAC System

🌡️ Why it matters: Your furnace worked hard all winter, and air conditioning units need a pre-season check to ensure they’re functioning efficiently.

Action Steps:

  • Replace HVAC filters (every 3 months is ideal).

  • Schedule a professional HVAC inspection before summer.


4. Boost Your Curb Appeal

🌷 Why it matters: A well-maintained yard increases property value and makes your home more inviting, whether you’re staying or selling.

Action Steps:

  • Rake leaves, aerate your lawn, and reseed bare patches.

  • Trim overgrown bushes and trees.

  • Power wash your driveway, sidewalks, and exterior walls.


5. Spring Cleaning & Decluttering

🧹 Why it matters: A clean home isn’t just good for mental health—it also protects against mold, allergens, and dust buildup.

Action Steps:

  • Wash windows inside and out to let in more natural light.

  • Declutter closets, storage areas, and garages.

  • Deep clean carpets, baseboards, and ceiling fans.


Spring Home Selling Tips: Get Top Dollar for Your Home

If you're thinking about selling your home this spring, now is the time to make it market-ready! Spring is one of the busiest seasons for real estate in Edmonton, and buyers are actively looking for move-in-ready homes.

1. Improve Curb Appeal

🏡 Why it matters: First impressions make or break a sale—and your exterior is the first thing buyers see.

Action Steps:

  • Repaint the front door for a fresh, welcoming look.

  • Add seasonal flowers in pots or garden beds.

  • Replace worn-out house numbers and mailboxes.


2. Declutter & Depersonalize

📦 Why it matters: Buyers want to imagine themselves living in your home, so minimizing personal decor helps.

Action Steps:

  • Remove family photos and personal items.

  • Organize closets and storage spaces (buyers will peek inside!).

  • Use neutral colors to create a bright, open feel.


3. Brighten Up Your Home

💡 Why it matters: Homes that feel light, airy, and spacious sell faster and for more money.

Action Steps:

  • Open blinds and curtains to maximize natural light.

  • Swap dark or heavy decor for light, neutral tones.

  • Add mirrors to reflect light and make rooms feel bigger.


4. Fix Minor Repairs & Updates

🔨 Why it matters: Small issues like leaky faucets, peeling paint, or loose doorknobs can make buyers think your home isn’t well-maintained.

Action Steps:

  • Apply a fresh coat of paint in neutral tones.

  • Replace outdated light fixtures and cabinet hardware.

  • Fix any small plumbing or electrical issues.


5. Price Your Home Strategically

💰 Why it matters: Overpricing can cause your home to sit on the market, while underpricing leaves money on the table.

Action Steps:

  • Research comparable sales in your neighborhood.

  • Work with an experienced local Realtor (like me!) to set the right price.


FAQ: Spring Home Selling & Maintenance

When is the best time to sell a home in Edmonton?

Spring is one of the busiest home-buying seasons in Edmonton, with peak activity between March and June. Listings tend to sell faster and at higher prices during this period.

How much does curb appeal impact my home’s value?

Homes with strong curb appeal can sell for 5-10% more than homes with neglected exteriors. Simple updates like landscaping, power washing, and repainting the front door can make a big difference.

Should I get a pre-listing home inspection?

A pre-listing home inspection can help sellers identify and fix issues before buyers see them, which can prevent delays or lost deals during negotiations.

What are the most important areas to clean before listing my home?

Buyers pay the most attention to kitchens, bathrooms, and living spaces. Make sure these areas are spotless and staged for a warm, welcoming feel.

What is the #1 mistake home sellers make in spring?

Overpricing their home. Even in a competitive market, pricing too high can scare away buyers. A well-priced home generates more interest and can lead to multiple offers.


Ready to Buy or Sell This Spring? Let’s Talk!

Spring is the perfect time to make a move! Whether you’re buying, selling, or just need expert advice on Edmonton’s real estate market, I’m here to help.

📞 Call/Text: (Your Phone Number)
📧 Email: (Your Email)
🌐 Visit: PabianRealty.ca

Let’s make your home goals a reality this spring! 


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STOP Renting, START Owning: Why 2025 Is THE Year to Buy Your First Home in Edmonton!

If you've been renting in Edmonton and dreaming of owning your first home, 2025 might just be the perfect year to make that dream a reality. With the right market conditions, financial incentives, and a growing demand for homeownership, there's never been a better time to stop renting and start building equity. Here’s why you should take the leap into homeownership this year.

Why 2025 Is the Best Year to Buy a Home in Edmonton

1. Rental Costs Are Rising Faster Than Ever

According to Rentals.ca’s 2024 Rental Market Report, rental prices in Edmonton have been steadily increasing due to demand and supply constraints. With limited rental inventory, tenants are paying more than ever for spaces that aren’t even theirs. Instead of watching your hard-earned money go towards your landlord’s mortgage, why not invest in your own future by purchasing a home?

2. Mortgage Rates Are Stabilizing

After a period of rising interest rates, financial experts at Canada Mortgage and Housing Corporation (CMHC) predict a stabilization—or even a slight decline—in mortgage rates in 2025. Lower rates mean smaller monthly mortgage payments, making homeownership more affordable for first-time buyers. Locking in a competitive rate now could save you thousands over the course of your mortgage.

3. More First-Time Buyer Incentives Available

The federal and provincial governments have introduced various programs designed to help first-time homebuyers enter the market. Programs like the First-Time Home Buyer Incentive and RRSP Home Buyers’ Plan provide financial assistance to reduce the upfront cost of buying a home. Additionally, some Edmonton builders and lenders offer exclusive incentives for new homeowners.

4. Build Equity Instead of Paying Rent

When you rent, you’re essentially paying someone else’s mortgage. When you own, every mortgage payment you make builds equity—real ownership in your home. Over time, this equity can be used to finance future investments, home improvements, or even the purchase of a second property. Homeownership is one of the most effective ways to build long-term financial security (Investopedia).

5. Edmonton’s Housing Market Offers Great Value

Compared to other major Canadian cities, Edmonton’s real estate market remains one of the most affordable. With a strong economy, growing infrastructure, and diverse housing options, first-time buyers have plenty of choices without breaking the bank. According to the Edmonton Real Estate Board (EREB), Edmonton’s average home prices remain significantly lower than in cities like Toronto or Vancouver.

6. The Market is Expected to Appreciate

Real estate experts predict that Edmonton’s housing prices will continue to appreciate in the coming years (CREA Market Forecast). Buying in 2025 means you could benefit from future home value increases, giving you a solid return on your investment down the road. Investing now allows you to build wealth as the market grows.

7. More Inventory Means More Choices

A balanced real estate market in 2025 means there will be more listings available, giving buyers more negotiating power. Unlike in a seller’s market, where buyers face bidding wars, you’ll have a better chance of finding a home at a reasonable price and with favorable terms.


Frequently Asked Questions (FAQ)

1. What is the minimum down payment needed to buy a home in Edmonton?

For a home under $500,000, the minimum down payment is 5% of the purchase price. For homes between $500,000 and $999,999, the down payment is 5% on the first $500,000 and 10% on the remaining balance. Homes over $1 million require a 20% down payment (Government of Canada).

2. How do I qualify for a first-time homebuyer incentive?

The First-Time Home Buyer Incentive (FTHBI) is available to Canadians who have a household income below $120,000 (or $150,000 for homes in high-cost areas). You must contribute at least 5% towards the down payment and the mortgage must be less than four times your income.

3. Should I get pre-approved for a mortgage before house hunting?

Yes! Getting pre-approved for a mortgage helps you determine how much you can afford and makes your offers stronger when negotiating with sellers (Ratehub).

4. How can I find the best mortgage rates in Edmonton?

Mortgage rates vary by lender, so it’s best to shop around. Compare rates from banks, credit unions, and mortgage brokers to find the best deal. Websites like Ratehub.ca provide up-to-date mortgage rate comparisons.

5. How do I start the home-buying process?

The best first step is to contact a real estate agent who specializes in first-time buyers (like me!). I can guide you through financing, finding the right home, making an offer, and closing the deal.


Final Thoughts: Take Action Now!

The longer you wait, the more money you’re throwing away on rent. 2025 is shaping up to be an ideal year for first-time homebuyers in Edmonton, with favorable mortgage rates, government incentives, and a relatively stable market. If you're ready to make the transition from renting to owning, now is the time to start planning.

🔹 Get Expert Advice from a Local Edmonton Realtor!

Not sure where to begin? Let’s chat! As a local real estate expert specializing in first-time homebuyers, I can guide you through the process and help you find the perfect home. Contact me today at PabianRealty.ca and take your first step toward homeownership!

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The #1 Mistake First-Time Home Buyers Make (And How to Avoid It)

Buying your first home is an exciting milestone, but it’s also a process filled with potential pitfalls. First-time buyers often focus on finding the perfect home, but one mistake can turn homeownership into a financial headache.

So, what’s the biggest mistake first-time home buyers make? Not getting pre-approved for a mortgage before house hunting.

Why Pre-Approval Matters

1. You Need to Know What You Can Afford

Many first-time buyers fall in love with homes that are out of their budget, only to be disappointed when they can’t secure financing. A mortgage pre-approval sets clear expectations and ensures you shop within your means.

2. Sellers Take You More Seriously

In competitive markets like Edmonton, sellers prioritize offers from pre-approved buyers. Without pre-approval, your offer may not even be considered, especially in multiple-offer situations.

3. It Saves You Time

Pre-approval narrows down your search to homes you can afford, preventing wasted time on properties that won’t work for your budget.

4. You’ll Lock In a Mortgage Rate

Interest rates fluctuate, and a pre-approval locks in your rate for a set period. This protects you from potential rate increases while you shop.

Other Costly Mistakes First-Time Buyers Make

Skipping the Home Inspection

Some buyers try to save money by waiving a home inspection, but this can lead to costly surprises later. Always hire a professional inspector to identify potential issues before committing to a purchase. A licensed inspector will cost about $500, but an inspection could save you tens of thousands in potential repairs. While a seller in Alberta is legally required to disclose defects, they may not be aware of the full history of the house, or repairs may have been poorly completed. $500 is a small amount to spend on possibly the largest purchase of your life, so don’t go cheap - it can and will cost you.

Overextending Financially

Just because you’re approved for a certain amount doesn’t mean you should spend it all. Consider additional costs like property taxes, utilities, home insurance, and maintenance. Having a place to call your own is cool, but having your friends sit on the floor because you couldn’t get furniture for your new pad is lame.

Ignoring First-Time Buyer Incentives

There are several programs available to first-time buyers in Canada, such as:

  • The First-Time Home Buyer Incentive (Shared equity program to reduce mortgage payments)

  • RRSP Home Buyers’ Plan (Withdraw up to $60,000 tax-free for a down payment)

  • First-Time Home Buyers’ Tax Credit ($1,500 tax refund to help with closing costs)

Failing to Work with a Realtor Who Understands First-Time Buyers

A knowledgeable Realtor can help you navigate the market, negotiate on your behalf, and ensure you avoid common pitfalls. They’ll also guide you through the legal paperwork and closing process. Check testimonials (hint - Mike’s are listed on his home page). If the Realtor isn’t willing to provide references, RUN!

How to Avoid These Mistakes and Buy with Confidence

Step 1: Get Pre-Approved

Before you start house hunting, meet with a mortgage broker or lender to get pre-approved. Have your financial documents ready, including proof of income, credit history, and down payment details.

Step 2: Work with a Realtor Specializing in First-Time Buyers

An experienced Realtor can help you find the right home, understand market trends, and negotiate the best deal. They’ll also make sure you don’t overlook key details in the purchase agreement.

Step 3: Stick to Your Budget

Just because you qualify for a certain amount doesn’t mean you should max out your budget. Leave room for unexpected expenses.

Step 4: Don’t Skip the Home Inspection

Even if the market is competitive, a home inspection is a non-negotiable step to protect your investment.

Step 5: Explore First-Time Buyer Incentives

Take advantage of available government programs to reduce your overall costs and make homeownership more affordable.

Frequently Asked Questions (FAQ)

1. What’s the difference between pre-qualification and pre-approval?

Pre-qualification is an informal estimate of how much you might be able to borrow. Pre-approval is a more in-depth process where a lender reviews your financial documents and confirms how much they’re willing to lend.

2. How long does mortgage pre-approval last?

Most pre-approvals are valid for 90 to 120 days. If you don’t find a home within that timeframe, you may need to reapply.

3. Does getting pre-approved affect my credit score?

A mortgage pre-approval involves a hard credit check, which may cause a small, temporary dip in your credit score. However, multiple mortgage inquiries within a short period (usually 14–45 days) are treated as a single inquiry.

4. Can I make an offer on a home without pre-approval?

Technically, yes, but it’s not advisable. Many sellers won’t take your offer seriously without proof that you can secure financing.

5. What if my financial situation changes after pre-approval?

If you lose your job, take on new debt, or your credit score drops, it can impact your mortgage approval. Avoid major financial changes until after your home purchase is finalized.


Final Thoughts

Buying your first home should be an exciting and rewarding experience, not a stressful one. By getting pre-approved before house hunting, you set yourself up for success and avoid the biggest mistake first-time buyers make. Work with professionals, stay within your budget, and take your time making the right decision.

Need expert guidance? Contact me today to start your home-buying journey with confidence! I’m available by call or text at 780-232-2064.

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Bank of Canada Cuts Interest Rate: What This Means for Edmonton Homebuyers

The Bank of Canada has announced a reduction in its key policy interest rate, lowering it by 25 basis points to 2.75%. This move is intended to support the economy amid ongoing trade tensions and inflation concerns. For first-time homebuyers in Edmonton, this rate cut presents both opportunities and challenges, especially given that the local real estate market remains a strong seller’s market.

What the Rate Cut Means for Homebuyers

A lower Bank of Canada lending rate typically leads to a reduction in mortgage rates offered by lenders. This means potential homebuyers may qualify for slightly lower mortgage payments, improving affordability and increasing purchasing power. However, in Edmonton's competitive market, where demand already outpaces supply, lower rates could further fuel home price increases.

According to the Canadian Real Estate Association (CREA), "Lower borrowing costs generally fuel demand in housing markets, but when supply is constrained, this can contribute to accelerated price growth." This trend is evident in Edmonton, where home prices have been climbing steadily. In February 2025, the average single-detached home price in the Greater Edmonton Area hit $567,913, up 11.9% from last year (CREA Housing Market Report). If you’re keeping score at home, interest rates did not fall by an amount anywhere near that needed to offset the increased price of entry.

How Edmonton’s Seller’s Market Impacts Buyers

In a seller’s market, homes receive multiple offers, and competition among buyers is intense. While lower interest rates may allow more buyers to enter the market, the limited supply of homes means prices could continue to rise, making affordability a key concern for new buyers.

If you're planning to buy a home in Edmonton, here’s what you need to consider:

  1. Be Ready to Act Fast – Homes in hot neighborhoods sell quickly, often above asking price. Having a pre-approval and working with a REALTOR® can give you an edge.

  2. Understand Your Budget – Even with lower interest rates, price increases can push properties out of reach. Set a firm budget and stick to it.

  3. Expect Bidding Wars – Be prepared for competitive offers, and consider using strategies such as fewer conditions or flexible closing dates to make your offer more appealing.

  4. Explore Alternative Housing Options – If single-family homes are becoming too expensive, consider townhouses, duplexes, or condos as more affordable entry points.

Frequently Asked Questions (FAQ)

Q: How does the Bank of Canada’s rate cut impact mortgage rates?

A: A lower key interest rate usually leads to lower mortgage rates, which can reduce monthly payments for new buyers. However, lenders also consider factors like credit scores and market risk when setting rates.

Q: What is a seller’s market, and why does it matter?

A: A seller’s market occurs when demand for homes exceeds supply, driving up prices and leading to competitive bidding situations. This makes it harder for buyers to find affordable homes and secure successful offers.

Q: Should I wait for home prices to drop before buying?

A: It’s difficult to predict market trends, and Edmonton’s market has been trending upward. If you can afford a home now, locking in a lower interest rate before prices rise further may be a smart move.

Q: How can I increase my chances of buying a home in a competitive market?

A: Get pre-approved for a mortgage, work with an experienced REALTOR®, act quickly when you find a suitable home, and be prepared to make a strong offer.

Final Thoughts

The recent Bank of Canada rate cut can make homeownership more affordable in theory, but in Edmonton’s strong seller’s market, rising home prices could offset these benefits. If you’re a first-time buyer, having a solid strategy and working with a knowledgeable REALTOR® like Mike can help you navigate the market successfully.

Looking for expert guidance in buying your first home in Edmonton? Contact Mike Pabian with RE/MAX Excellence for personalized advice and support in making your homeownership dreams a reality. He’s available now at 780-232-2064 (unless you’re reading this after 10pm - then he may very well be in bed).

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Edmonton Real Estate Market Update – February 2025

February 2025 continues to show strong growth in real estate activity, with rising sales and home prices. Whether you're a first-time homebuyer, seller, or investor, understanding Edmonton's real estate trends can help you make informed decisions.

Edmonton Housing Market Trends: February 2025

Sales by Property Type

Single Detached Homes

In February 2025, single detached home sales experienced a notable increase in the Greater Edmonton Area*. A total of 1,015 units were sold, marking an 18.6% rise from January. This represents a drop of 12.3% compared to February 2024, however, indicating lower inventory (down by 13.4% year-over-year) and an increase in multiple-offer scenarios. The average price for a detached home rose to $567,913, up 1.2% from January and 11.9% from the same period last year. To summarize, inventory is down, prices are up, and sellers are in control.

Semi-Detached Homes

The semi-detached home market in Edmonton also performed well, with 215 units sold, representing a 7.5% increase over January and a 11.8% rise year-over-year. The average selling price for semi-detached homes was $420,786, nearly flat when compared to January but up 9% year-over-year. In other words, Semi-Detached properties remain a more affordable option for folks entering the housing market who want to avoid condo fees.

Row/Townhouses

Row/townhouse prices were a bit lower in February, down 3.5% compared to January. They were, however, up 9.1% compared to the same period last year indicating increased demand. The average price for a Row/townhouse is now sitting at $300,818. Unit sales increased 23.4% compared to January 2025 and recorded 3.9% more sales than February 2024, which shows that activity in this segment of the market is hot, hot, hot!

Apartment Condominiums

The Edmonton condo market saw 0.3% fewer sales compared to January and are down 9.2% year-over-year. The average apartment-style condo price is up 19.9% from last year, coming in at $217,373.

Market Overview

The total number of residential unit sales in the Greater Edmonton Area (GEA) for February 2025 was 1,825, marking a 14.3% increase over January. Compared to the second month of 2024, however, the number of properties sold fell 7.1%.

“There’s been a definite shift in the market over the past month towards an early spring market,” says REALTORS® Association of Edmonton 2025 Board Chair Darlene Reid. “REALTORS® know that prices will increase as the season gets busier and new inventory tends to decrease. If they are representing buyer-clients, they’re likely warning them to be ready to move fast when the right property comes up.”

How U.S. Tariffs Impact Edmonton Home Prices

Recent U.S. tariffs on Canadian imports, including lumber and steel, could have significant effects on Edmonton housing prices. With a 25% tariff on key building materials, construction costs are expected to increase, affecting home prices and supply. The reality is, we don’t know how long this will last or how severely it will impact us, but there are some things to look out for.

Key Market Shifts to Watch:

  1. Higher Construction Costs – New home prices may rise due to higher material costs.

  2. Reduced Housing Supply – Builders may slow new developments, limiting inventory.

  3. Increased Demand for Resale Homes – More buyers may turn to existing homes, driving competition.

  4. Economic Uncertainty – The Alberta government projects a C$5.2 billion deficit, which could affect employment and consumer confidence.

  5. Interest Rate Decisions – Inflation concerns from rising costs could lead to interest rate adjustments, impacting mortgage affordability.

  6. Instability in the jobs market — Markets hate uncertainty. Folks that are facing instability in their jobs or an uncertain future will be more hesitant to make major purchases.

Edmonton Housing Market FAQ

1. Is Edmonton's real estate market a buyer's or seller's market?

Currently, Edmonton remains a seller’s market, as demand continues to outpace available inventory, driving up home prices.

2. Will Edmonton home prices rise in 2025?

Yes, home prices in Edmonton are expected to continue rising, especially if supply remains low and construction costs increase due to tariffs.

3. How do U.S. tariffs impact homebuyers in Edmonton?

Higher construction costs may make new homes more expensive, potentially leading more buyers to the resale market and increasing competition for existing homes.

4. What is the average home price in Edmonton in 2025?

As of February 2025, the average price for a single detached home in Edmonton is $508,411, with other property types also experiencing price growth.

5. Should I buy a home in Edmonton now or wait?

With rising prices and potential supply constraints, acting sooner may be beneficial. If you're financially ready, purchasing now could help you lock in a home before prices increase further.

Final Thoughts

Edmonton’s real estate market in 2025 remains strong, with rising sales and home prices. Buyers should act strategically in this competitive environment, while sellers can take advantage of high demand. Keep an eye on market trends, particularly the impact of tariffs and economic shifts, to make informed decisions.

For personalized real estate advice in Edmonton contact Mike Pabian at 780-232-2064 today!

Note: All statistics are sourced from the REALTORS® Association of Edmonton's February 2025 report. Greater Edmonton Area includes Beaumont, Bon Accord, Bruderheim, Calmar, Devon, Edmonton, Fort Saskatchewan, Gibbons, Leduc, Morinville, New Sarepta, Redwater, Rural Leduc County, Rural Parkland County, Rural Strathcona County, Rural Sturgeon County, Sherwood Park, Spruce Grove, St. Albert, Stony Plain, Thorsby, Wabamun, Warburg.

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Categories:   Edmonton Real Estate
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.