Edmonton Real Estate Market

[archited]

^ Dig deeper... it is all bad.

 

[inclusion]

^ Dig deeper... it is all bad.

By that logic, I should throw the computer I'm typing on out the window.............afewwafsssssssssssssssssssssssssssssssss

 

[IanO]

 

[MacLac]

Layman’s terms please Ian…..for those who do not understand “cap rates.”

 

[policyenthusiast]

Layman’s terms please Ian…..for those who do not understand “cap rates.”

edmonton & calgary doing good

 

[MacLac]

10-4!

 

[kcantor]

Layman’s terms please Ian…..for those who do not understand “cap rates.”

Capitalization rate (cap rate) is an estimate of an income-producing property's potential, unleveraged return on investment. It is calculated as:

Net Operating Income (NOI)÷Current Market Value/Price

It is an indication of the expected annual percentage yield if the property was purchased entirely with cash with NOI being the actual income in place on closing, not what it might be projected to be in the future.

 

[David A]

By that logic, I should throw the computer I'm typing on out the window.............afewwafsssssssssssssssssssssssssssssssss

Hard to get away from large multi national businesses and Amazon is a good example of the type of company that does well in the liberal trading system we have, or perhaps I should say had.

I feel some people would call such business owners globalists or global elite, interestingly the owner has managed to ingratiate himself with the current US government, despite their supposed aversion to this.

 

[IanO]

 

[David A]

Interesting, apartment condos have been up and down some but seem to be the only thing increasing in January.

 

[David A]

Is it cheaper to rent or own a home in Edmonton?

Edmonton’s relatively low-cost real estate market has homeowners coming out ahead financially of renters, new Zoocasa study shows.

edmontonjournal.com

 

[thommyjo]

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This is why I get confused on Calgary vs Edmonton variances…. does this not show that the math “maths” for us to be seeing more projects?

 

[David A]

They have more people with money there willing to risk some of it, but that does not always mean they make good decisions.

 

[policyenthusiast]

Is it cheaper to rent or own a home in Edmonton?

Edmonton’s relatively low-cost real estate market has homeowners coming out ahead financially of renters, new Zoocasa study shows.

edmontonjournal.com

Seems like there are a LOT of ownership costs not factored into their math here.

 

[Tropical]

Seems like there are a LOT of ownership costs not factored into their math here.

Well... that does seem to be how most people I know calculate ownership costs...