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: 11186 118 ST in Edmonton

I have listed a new property at 11186 118 ST in Edmonton. See details here

INCREDIBLE OPPORTUNITY!!! Large Site in ultra-desirable Prince Rupert, backing GREEN SPACE and situated beside many luxurious infill properties. Your chance to own an incredible piece of land for future development. Property is 48"10" FT x 125.00 FT or 14.9M x 38.2M. Zoned RF1, this property backs onto large green space and dog park, close to all amenities and Central Edmonton. WEST facing back yard and surrounded by new construction homes, this is the ultimate property for your future dream home!

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NEW LISTING: 9906 87 ST in Edmonton

I have listed a new property at 9906 87 ST in Edmonton. See details here

ALMOST HALF AN ACRE IN CENTRAL YEG! Welcome to your very own secret garden, an iconic cottage located in the heart of Edmonton across and facing the North Saskatchewan River. Totally unique, there is no other property quite like it. Minutes to downtown, this is one of the largest residential developments sites available in Central YEG. More than 60 feet wide and 260 feet deep, this site is perfect for subdivision, redevelopment, or building your dream home. Enjoy a private and cottage feel within the urban core as the existing home is ideal for living while you make your plans. Tons of curb appeal & charm, the home features hardwood floors, and an open-concept living area. Cove ceilings, stainless steel appliances, white cabinetry & island give the home a cozy and bright feeling. 2 Bedrooms and 1.5 Baths and featuring a large deck with covered trellis, garden area, and an oversize double garage. Live, plan and build. This is THE ONE.

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Renting vs. Buying: What is Better?

Renting vs. Buying: Which is Better?

When it comes to making a big purchase, such as buying a home or apartment, many people have to consider the pros and cons of both renting and buying. Renting can be a great option for those who don’t have the means or desire to buy right away, while buying may be the best choice for those who plan on living in one place for an extended period of time. To help you decide what’s best for you and your family, here are some of the pros and cons of renting versus buying.

One major benefit of renting is that it offers more flexibility than owning a home or apartment. If you rent, you don’t have to commit long-term to any one location; instead, you can choose to move at any time without worrying about selling your home or finding someone else to take over the lease. This makes it easier for those who want or need to relocate frequently—such as military families, young professionals, or anyone looking for career opportunities in different parts of the country—to do so without getting stuck with a property they no longer want or need.

A second advantage of renting is that it often requires lower upfront costs than buying a property outright. In most cases, renters will only have to put down a security deposit before moving in; they won’t have to worry about loan payments until they actually buy something. On top of this, all maintenance costs are covered by the landlord instead of being passed on to tenants. This can be especially beneficial if you don’t want to worry about having enough money set aside for potential repairs and upgrades later on.

On the other hand, purchasing real estate usually offers more stability than renting does since buyers ultimately own their homes outright after their loan payments are finished (or sooner if they pay cash). This can work out well for individuals who plan on staying in one place for several years at least and want more control over how their space looks and functions over time; homeowners also see financial benefits from building equity in their properties as prices rise over time.

Finally, purchasing property also offers tax advantages that renters typically don’t get access too—like deductions on mortgage interest payments—which can help buyers save money in the long run if their incomes qualify them for such benefits.

Ultimately, deciding whether to rent or buy depends largely on individual lifestyle goals and financial situations; what works well for one person may not work as well for another depending on where they live and how much money they make each year etc.. That said, taking some time upfront to think through your options carefully can help ensure that whatever path you take ends up being the right choice both now and in the future.

The good news is, whatever you decide, Iconic YEG has you covered.  We will help you find your dream rental such as the new East Junction in Edmonton, or your new dream home. 

Call us to chat:)

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Preparation: The Art of Selling you Home

Selling your home can be both exciting and stressful. It is important to make sure that your home is in prime condition before you put it on the market. To make your home attractive to potential buyers, take some time to prepare it properly so that its value is maximized. Here are a few tips on how to get your house ready for sale:

  1. Make Necessary Repairs: Take care of any repairs or maintenance tasks that need to be done, such as fixing a broken window or patching up holes in the wall. This will help show buyers that they won’t have to do any major work when they move into the house.
  2. Clean and Declutter: A clean and clutter-free house will appear more inviting and spacious to potential buyers. Vacuum, mop floors, scrub bathrooms, dust surfaces, and organize closets so each room looks its best. Get rid of furniture and items you don't need anymore or consider renting a storage unit for those items until after your home is sold.
  3. Freshen Up Interiors: Give the walls a fresh coat of paint, replacing worn carpets with new ones if necessary and replacing outdated fixtures with modern ones--all of which can give the impression that everything in the home is still new and updated. When selecting colors for painting walls, choose neutral shades such as white or light gray so that buyers can better visualize themselves living in the space.
  4. Enhance Curb Appeal: The exterior of your home should look just as appealing as the inside if you want it to sell quickly! Paint railings and door frames if necessary; power wash siding; trim trees; edge lawns; and add colorful plants or flowers near entryways. Don’t forget about lighting either–make sure there are adequate lights around walkways, porches, garages, etc., so people feel safe coming at night to view your property.
  5. Consider Hiring a Professional Home Inspector: Before potential buyers come over, hire an experienced local inspector who can examine all aspects of the house from plumbing issues to heating systems ensuring there are no underlying issues with the property that could affect its value during negotiations later on down the line.

Last but not least, contact us at Iconic YEG - we can guide you through each step and what to do to prepare your home for sale and get the best returns. By taking these steps to prepare your home for sale ahead of time will save you time (and money!) throughout the process by maximizing how much interest buyers have in your property from start through close - resulting in potentially higher offers from more qualified buyers who are actually interested in moving forward with buying it!

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Top 10 Reasons to Move to Edmonton in 2023

If you're looking for a place to live that is affordable and has plenty of opportunity, you should consider moving to Edmonton, Alberta. The cost of homes in Edmonton is much more affordable than other major cities in Canada, and the job market is booming. There are plenty of great neighborhoods to choose from, and the city is constantly expanding and improving its infrastructure. If you're ready for a new adventure, Edmonton is the perfect place to call home! Here are 10 reasons you will LOVE this city!

  1. Jobs, jobs, jobs! The unemployment rate in Edmonton is lower than the national average, and there are plenty of opportunities for young adults to find work.
  2. The cost of living is relatively affordable compared to other major cities in Canada.
  3. If you love the outdoors, you'll be happy to know that Edmonton is home to more than 7,400 acres of parkland!
  4. There's no shortage of things to do in this city - from catching a game at Rogers Place to exploring the Alberta Legislature Building, there's something for everyone.
  5. The people who live here are friendly and welcoming - you're sure to feel right at home in no time!
  6. Winter might be cold, but that just means you can enjoy all the winter activities this city has to offer, like ice skating and downhill skiing.
  7. And when the warmer months roll around, there are plenty of festivals and events to keep you entertained all summer long.
  8. Want to get away from it all? Edmonton is located close to some stunning natural attractions like Jasper National Park and Banff National Park
  9. This city is also a great place for foodies! With a thriving restaurant scene, you'll never go hungry here..
  10. Last but not least, moving to Edmonton will give you the chance to experience everything this amazing province has to offer! From its rich history and culture To its beautiful landscapes , there's so much waiting for you here.. So what are you waiting for? Pack your bags and make the move today!
Want to know more about Edmonton?  Call us, we love to chat all things YEG!
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NEW LISTING: 935 REGENCY DR in Sherwood Park

I have listed a new property at 935 REGENCY DR in Sherwood Park. See details here

Welcome to your dream home facing Florian Park! Located in Foxboro, a highly sought-after community in Sherwood Park, this four bedroom, 3.5 bathroom home, complete with an upper bonus room is sure to check off all the boxes on your list. With just over 2600 sqft of living space, complete with an air conditioner for those hot summer days and a gas fireplace for cozy evenings, you'll have all the comforts of home no matter what season it is. Plus, the fully finished basement perfect for watching movies or playing board games with family and friends! The kitchen features granite counters, large pantry, and gas stove. Amazing hardwood floors throughout the main floor gives this house an elegant feel. Enjoy entertaining outdoors as well on that beautiful landscaped lot with an oversized deck and irrigation system. Just imagine hosting barbecues from spring through fall! Original owner and lovingly maintained. Don't miss out on this amazing opportunity - come see your new home today!

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Open House. Open House on Saturday, January 21, 2023 1:00PM - 3:00PM

Please visit our Open House at 935 REGENCY DR in Sherwood Park. See details here

Open House on Saturday, January 21, 2023 1:00PM - 3:00PM

Welcome to your dream home facing Florian Park! Located in Foxboro, a highly sought-after community in Sherwood Park, this four bedroom, 3.5 bathroom home, complete with an upper bonus room is sure to check off all the boxes on your list. With just over 2600 sqft of living space, complete with an air conditioner for those hot summer days and a gas fireplace for cozy evenings, you'll have all the comforts of home no matter what season it is. Plus, the fully finished basement perfect for watching movies or playing board games with family and friends! The kitchen features granite counters, large pantry, and gas stove. Amazing hardwood floors throughout the main floor gives this house an elegant feel. Enjoy entertaining outdoors as well on that beautiful landscaped lot with an oversized deck and irrigation system. Just imagine hosting barbecues from spring through fall! Original owner and lovingly maintained. Don't miss out on this amazing opportunity - come see your new home today!

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