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Home transactions $1 million or higher in greater Edmonton, said Debler, jumped from 155 in 2020 to 251 in 2021.
“It’s quite funny that when you look at a map of Edmonton, the money just flows down the river,” said Debler, referring to where these homes are situated. “Really, it’s the homes that are following that river line all the way down to southwest Edmonton; those seem to be the ones that transact quite a bit higher.”
Those areas include spots near downtown, and then follow the river encompassing neighbourhoods including Old Glenora, the Country Club area, Donsdale, Cameron Heights and Windermere.
“It’s quite funny that when you look at a map of Edmonton, the money just flows down the river,” said Debler, referring to where these homes are situated. “Really, it’s the homes that are following that river line all the way down to southwest Edmonton; those seem to be the ones that transact quite a bit higher.”
Those areas include spots near downtown, and then follow the river encompassing neighbourhoods including Old Glenora, the Country Club area, Donsdale, Cameron Heights and Windermere.
Luxury homes: Edmonton's market is emerging
Recreation spaces, aquariums and wine cellars are some of the amenities sought in high-end homes
edmontonjournal.com