Edmonton Real Estate Market

[Kosy123]

Isn't south of 41 supposed to be purely industrial land or am I dreaming here?

 

[yeggator]

Isn't south of 41 supposed to be purely industrial land or am I dreaming here?

From 41st Ave to Township Road 510 (73rd Ave SW) is slated for residential development. South of that, they want to maintain it as agricultural land west of Whitemud Creek, while east of the creek would be industrial areas tied in to the airport (including space for a 3rd runway and realigned Highway 19).

 

[supplanter]

There is no area structure plan (therefore no neighbourhood structure plans) in effect for anywhere south of 41 Ave SW, and no plan applications at the moment either (as far as I know). I think the hope is that Kendal (the final SW neighbourhood to reach 41 Ave, see first screenshot) and the remaining Decoteau neighborhoods (see second screenshot) are built out to 41 Ave SW before going any further south.

 

[wormwood]

There is no area structure plan (therefore no neighbourhood structure plans) in effect for anywhere south of 41 Ave SW, and no plan applications at the moment either (as far as I know). I think the hope is that Kendal (the final SW neighbourhood to reach 41 Ave, see first screenshot) and the remaining Decoteau neighborhoods (see second screenshot) are built out to 41 Ave SW before going any further south.View attachment 709482View attachment 709483

Maybe don't show people that this exists and is undeveloped. Someone might develop it.

 

[mcr]

Anyone else get their residential tax assessments yet? I'm staring down a 30% YoY increase. Brutal.

Yup, similar. I'm up $90,000 in the last 2 years on a standard bungalow, with no changes made to the building.

 

[IanO]

They came, so they built | The Twenty-Four

Housing starts set a record in Alberta in 2025

www.atb.com

 

[ADob]

Yup, similar. I'm up $90,000 in the last 2 years on a standard bungalow, with no changes made to the building.

Mine's down but it's a condo so I'm not surprised. Not looking to sell anytime soon so it's all good.

 

[policyenthusiast]

Mine's down but it's a condo so I'm not surprised. Not looking to sell anytime soon so it's all good.

Mine is also a condo, up 30%. Depends on your area I suppose.

 

[Greenspace]

My condo is up about 5% but most of my friend's condos are down.

 

[Yeggy]

Mine is only up 10% but i had a large jump last year.

 

[Oilers99]

Edmonton has defied economic theory, huge influx of population over the last 5 years, no downtown condo projects or condo projects in general, and condo prices have gone DOWN.

 

[northlands]

^ 220k net new residents in the past four years and I don't think even 1% of that growth wound up downtown.

 

[policyenthusiast]

New MMI/CREA piece on making housing affordable through policy reform:

https://www.missingmiddleinitiative.ca/p/a-blueprint-to-restore-homeownership

 

[Yeggy]

Edmonton has defied economic theory, huge influx of population over the last 5 years, no downtown condo projects or condo projects in general, and condo prices have gone DOWN.

They (condo prices) are pretty flat but still pretty up from 23/24

 

[Oilers99]

They (condo prices) are pretty flat but still pretty up from 23/24

View attachment 711406

Tell that to all the people that own in fox, ultima, encore, etc.