Gronk!
Senior Member
Will these derelict properties include The Arlington and Tower 101?
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Edmonton Real Estate Market
- Thread starter Daveography
- Start date
TAS
Senior Member
A win for the city and Coun. Salvador who brought both this forward and the parking lots.
Great to have her on council.
JaayJR
New Member
I agree with this fully. Calgary looks attractive because it's marketed well. Being from there people really went to the mountains once or twice a year, if, and anywhere interesting is a day trip. At least my take.
Metro Edmonton is filled with a ton of not talked about places. There are many places to go, see and do within an hour, but nothing that a google search will easily tell you. I even get to show people that have lived here longer than myself new places. Fix the marketing not just for the city, but the region!
Condos aren't hot in Edmonton right now, the market demand I imagine to be different therefore the real estate investments are probably different. In Edmonton there are a couple hundred listings for a detached house under $350k, but none in Calgary.
If one was moving to Alberta even, right now it's a condo in Calgary or a house in Edmonton. Options are more 'balanced' in Edmonton imo, not that there isn't demand per se. Still, I don't underestimate the amount of people moving here, there more people and cars than I've ever seen.
Kosy123
Active Member
Yup the amount of people and out of province plates have been insane lately. Anecdotally, I flew in from YVR around a week ago and around 30-40% of my flight were new immigrants (I could see their papers in transparent folders, made me feel like I was a new migrant here all over again lol). If that report regarding apartment vacancies dropping is true, I'd love for some of them to end up downtown or in Oliver. That, and the Tiktoks of Edmonton real estate geared towards non-Albertans make me think we might get a Calgary treatment soon.
kcantor
Senior Member
the first paragraph has been true for a long time, even when home and condo prices were rapidly creating equity.
furthermore, while the second circumstance might be true today, it might deter someone from moving “on spec” but is often something an aggressive recruiter will compensate for asking with moving expenses etc.
northlands
Senior Member
I wonder who the wise man who I heard that from
David A
Senior Member
It is mostly marketing, although some of it comes from our city's more industrial history. Prominent areas like Gateway Blvd that visitors see really need to be spruced up more.
Flower pots and new sidewalks are nice, but they can not hide the number of plain utilitarian buildings in some prominent areas. Some of that is a result of the style and era these buildings were built.
Unfortunately, we also seem to get little national media attention for a city our size and are mostly ignored. Our business/community leaders are not aggressive enough in promoting the city and I think many of them don't actually understand how to market it well, which is kind of odd as many of those people in their own businesses and lives seem fairly smart and successful.
JuliallThat
Active Member
A small thing that I think has a fairly profound impact too is all of these international livability or best city lists.
How often have you heard "Calgary is one of the worlds most livable cities!". Edmonton isn't talked about not because it ranked poorly, but because it wasn't even on the assessment list to begin with! I seem to recall one of the organizations even saying once that they see Calgary and Edmonton as equivalent so they only rank one of them, but their list still says Calgary giving them all the press.
But because Edmonton is comparable to Calgary, but isn't on the list at all, normal Canadians would either take that to mean that "Calgary is good and Edmonton is crap." or "Calgary is big and Edmonton is small."
This is the sort of thing you might expect to occur with cities of vastly different sizes like Vancouver vs Victoria. Noone is expecting an international organization to rank small cities Saskatoon or Waterloo.
But because Edmonton is comparable to Calgary, but isn't on the list at all it actually does us a big disservice. And it's not like this is niche thing, these lists come out every single year, from multiple organizations. A whole bunch of national headlines get passed around every year about how great Calgary and Vancouver and Toronto are and we get shit all.
How often have you heard "Calgary is one of the worlds most livable cities!". Edmonton isn't talked about not because it ranked poorly, but because it wasn't even on the assessment list to begin with! I seem to recall one of the organizations even saying once that they see Calgary and Edmonton as equivalent so they only rank one of them, but their list still says Calgary giving them all the press.
But because Edmonton is comparable to Calgary, but isn't on the list at all, normal Canadians would either take that to mean that "Calgary is good and Edmonton is crap." or "Calgary is big and Edmonton is small."
This is the sort of thing you might expect to occur with cities of vastly different sizes like Vancouver vs Victoria. Noone is expecting an international organization to rank small cities Saskatoon or Waterloo.
But because Edmonton is comparable to Calgary, but isn't on the list at all it actually does us a big disservice. And it's not like this is niche thing, these lists come out every single year, from multiple organizations. A whole bunch of national headlines get passed around every year about how great Calgary and Vancouver and Toronto are and we get shit all.
David A
Senior Member
Exactly! People are not going to move in droves to a place they don't know anything about. The Edmonton being similar to Calgary argument may actually be true, but somehow it it seems generally Calgary that gets mentioned or noted and not the other way around.
Imagine if that international study on livability cited Edmonton and left out Calgary because it was similar or close by - the city council and business community there would blow a gasket! Yet, somehow we put up with this crap all the time. I suppose we are used to it, but we need to advocate much more aggressively for our own city, especially our business and political leaders who I feel are somehow falling short on this.
Oliver_William
New Member
According to Condé Nast we are the second most friendly city in the world! The first is Calgary
The friendliest cities in the world: 2023 Readers' Choice Awards
You won't receive a more welcoming reception than these, the friendliest cities on the planet, as voted for by you.
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fromyeg
Active Member
Former Ellerslie Rugby Park officially bought by developer with mixed-use dreams
A big chunk of land in south Edmonton is one step closer to becoming homes and businesses after Alliance MJ Developments Ltd. announced Wednesday it has purchased the 10-hectare site.
Article on the Ellerslie Rugby Park and plans for development of the site.
Barnaby
Active Member
A 10 minute bus ride from the future Ellerslie LRT station. I hope this can develop into high density with a good bus connection, that isn't an embarrassing sign on the road. More bus stations, and less bus stops please.Former Ellerslie Rugby Park officially bought by developer with mixed-use dreams
A big chunk of land in south Edmonton is one step closer to becoming homes and businesses after Alliance MJ Developments Ltd. announced Wednesday it has purchased the 10-hectare site.edmonton.ctvnews.ca
Article on the Ellerslie Rugby Park and plans for development of the site.
MacLac
Senior Member
On sale for what? A week? Big moving money men in TO noticing us Ian?
IanO
Senior Member
David A
Senior Member
Interesting how we are ahead of Vancouver, Ottawa and Montreal on single family starts and close to TO. However, not many apartment starts here this year.
I suspect as the vacancy rate continues to come down and rents go up that may change at some point in the future.
I suspect as the vacancy rate continues to come down and rents go up that may change at some point in the future.