On the Pulse of the Edmonton Real Estate Market

ICONIC YEG

Welcome to the ICONIC YEG Real Estate Blog, where our mission is to demystify the Edmonton real estate market for buyers, sellers, and enthusiasts alike. We aim to provide a gateway to a wealth of insider knowledge, essential market trends, and unbeatable strategies tailored specifically for the Edmonton community.

We hope to not only to inform but also to empower you with the industry's best-kept secrets and proven tactics, helping you make informed decisions in this dynamic market. Whether you're eyeing your first home purchase, planning to sell a property, or simply staying on top of the latest real estate trends, ICONIC YEG is your ultimate guide to navigating Edmonton's real estate landscape.

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NEW LISTING: 426 511 QUEEN ST in Spruce Grove

I have listed a new property at 426 511 QUEEN ST in Spruce Grove. See details here

Welcome to Windsor Estates, a 55+ complex that offers the best in lifestyle! This TOP FLOOR, SOUTH VIEW condo is perfect for those looking for a little extra space as it is one of the largest floor plans in the building. The living room features ultra high ceilings and oversized windows offering abundant natural light and impressive views. The south facing, private balcony is ideal for those who desire the only the best option the entire building has to offer. In suite laundry, with extra space for storage and the titled parking stall is steps from elevator. The kitchen comes complete with STAINLESS STEEL appliances, under cabinet lighting and plenty of cabinet space. Completely open concept, this condo boasts hardwood floors, oversized dining area, 2 bedrooms, 2 FULL bathrooms and has been lovingly maintained by the original owner. Well managed building that offers many amenities such as exercise room, movie theatre, banquet hall, dance floor, workshop, party room and so much more. Just WOW!

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Open House. Open House on Sunday, November 6, 2022 1:00PM - 3:00PM

Please visit our Open House at 12330 75 ST in Edmonton. See details here

Open House on Sunday, November 6, 2022 1:00PM - 3:00PM

Unbeatable value and opportunity in Elmwood Park! This large bungalow is situated on one of the largest lots in the community! With almost 10,000 SQFT of land, this is a gardeners paradise, an investors best build site, or a buyers best long term value option for years to come. Priced well below assessed value, there is unlimited potential to create the home you have always desired. The SOUTH FACING, fully fenced yard offers a NEW oversized deck, massive urban garden, ample parking and single garage! This is truly an urban farm in the city! The large bungalow is ripe with design opportunity and the big ticket items are already done! Roof and furnace were done is 2009, the vinyl siding is impeccable, as well, most of the windows! Basement is roughed in for a kitchen - allowing a buyer flexibility to create a suite to suit their long term financial goals! Community has new sidewalks, lights, and close to DT YEG. This is the BEST option for the savvy buyers who know what they deserve.

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Top 10 Reasons to Move to Edmonton in 2023

While the economic outlook across Canada looks pretty bleak as, according to Chrystia Freeland, Federal Finance Minister said Wednesday that

"Difficult days ahead as Canada's economy shows signs of weakness". 

While that may be true for Canada as a whole, Alberta is poised to maintain stability despite the national challenges. ATB Financial deputy chief economist Rob Roach said recently that:

We’re still going to experience those rough waters here in Alberta, but because we’re doing a little bit better — commodity prices and other positive things — we’ll be able to weather that storm a little bit better than other places. Energy, commodities and agriculture will be the “main drivers” of Alberta’s economic growth”.


People of all demographics are flocking to Alberta for economic stability and opportunities not seen or projected in other parts of the country.  Still need more reasons to move to Edmonton?  Here are our Top 10 Reasons to Move to Edmonton:



1. The cost of living is affordable

If you’re sick of the high cost of living in major Canadian cities, then moving to Edmonton may be the right choice for you. The average rent for a one bedroom apartment in Edmonton is only $935 CAD, while the same type of apartment in Toronto costs an average of $2,260 CAD.

2. The economy is strong. 

Boosted by strong commodity prices, Alberta's economy is forecast to grow 5.0%  in 2022 and 3.0% next year and will be one of the top performers in the country this year.

3. There are plenty of jobs available. 

Alberta’s unemployment rate has ticked down every month since October 2021 and fell to the lowest level in seven years in July. 

4. You can enjoy a high quality of life without spending a lot of money. 

Living in Edmonton is more affordable, than other provinces. Edmonton offers higher incomes and lower cost of living due to no provincial sales tax, no health care premiums, and low average rental prices.

5. The city is growing quickly and there are lots of new opportunities opening up all the time. 

Alberta added 40,253 residents in the second quarter of 2022, boosted by accelerating interprovincial migration gains and continued strength in immigration.

6. Edmonton is a great place to raise a family. 

With its low crime rates and abundance of green space, Edmonton is regularly ranked as one of the best places to live in Canada. As well, Edmonton is home to some of the best post-secondary institutions in Canada. Amongst many specialized post-secondary institutions, three highly rated schools, MacEwan University, NAIT, and the University of Alberta, obtain admissions from around the world.  

7. There are plenty of cultural activities and events happening throughout the year. 

Edmonton is home to a thriving arts and culture scene. The city is home to numerous museums, art galleries, and performance venues. There are also many festivals and events held throughout the year, including the Edmonton Folk Music Festival and the Fringe Theatre Festival.

8. The people in Edmonton are friendly and welcoming. 

Most people who move to Edmonton are impressed by the friendliness of Edmontonians.

9.It’s easy to get around the city – there are lots of transportation options available.

There are plenty of ways to get around the city. You can take the bus, the train, or a taxi. Or, if you want to explore on your own, you can always rent a bicycle or walk. Whatever means of transportation you choose, you'll be able to get where you need to go easily.

10. Edmonton offers endless possibilities for outdoor recreation – from skiing or snowboarding in the winter months, to hiking or biking during the summertime!

From hiking and camping in the beautiful river valley, to cycling and picnicking in one of the many parks, there is something for everyone to enjoy. With numerous trails and recreational areas to explore, Edmonton is the perfect place to get outside and enjoy the fresh air!

If you’re on the fence about whether or not to move, we hope that this list has helped tip you in favor of Edmonton. With its affordable housing, great job market, and wonderful community spirit, there are plenty of reasons to call Edmonton home. Are you convinced? If so, get in touch with us – we can help make your move a smooth one.

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NEW LISTING: 3203 28 AVE in Edmonton

I have listed a new property at 3203 28 AVE in Edmonton. See details here

Welcome to this beautifully renovated and spacious family home in the desirable community of Silver Berry. Across from Silver Berry Park, offering incredible views. Entering the home, you will be greeted by a bright and open floor plan with stunning hardwood floors, newer windows and doors that allow for an abundance of natural light, and incredible views of the park. The modern kitchen features new appliances, cabinets, flooring, and an amazing view! There are two family living spaces including a gorgeous stone faced gas fire place. The attached garage is perfect for parking two cars as well as additional storage space in the oversized south facing back yard which also features a NEW deck, storage shed, and plenty of space for summer BBQs! Additionally, this home has a brand new air conditioning system making it ideal for those hot summer days. With almost 2000 SQFT of developed living space, this home is perfect for your growing family!

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