Discover Luxury Living at 20627 27 Ave NW, Edmonton: A Stunning New Home in The Uplands Community
Discover the epitome of luxury living in this impeccable, brand-new 2-storey walk-out located at 20627 27 Ave NW, Edmonton, in the prestigious Uplands community. Situated perfectly with a backdrop of a serene pond, this home is designed for both grand entertaining and intimate family living. The entrance welcomes you with a stunning open-concept layout that captures enchanting views of the pond. The living space is expansive, designed to effortlessly host large gatherings and accommodate extensive family needs. A culinary enthusiast’s dream, the chef's kitchen boasts high-end appliances, quartz countertops, an elegant tile backsplash, and a functional pot filler. Custom cabinetry and a concealed spice kitchen within the spacious pantry underscore the thoughtful design. Step outside to enjoy the large balcony, a perfect spot for relaxing and taking in the warm Edmonton summers with picturesque pond views. The upstairs is just as impressive, featuring a private owner’s suite that offers soothing pond views and a spa-like ensuite for ultimate relaxation. The upper level is also home to a large family bonus room and a functional laundry room equipped with a sink. The luxury continues in the fully finished walkout basement, which includes a bedroom, bathroom, and gym/yoga room—ideal for hosting guests or serving as a private escape. The Uplands community itself is highly sought-after, known for its scenic beauty and peaceful environment. Residents enjoy easy access to local amenities, lush green spaces, and are just a stone's throw away from recreational facilities and excellent schools. This home at 20627 27 Ave NW is not merely a residence but a gateway to a lifestyle of luxury and tranquillity in one of Edmonton’s most desirable neighbourhoods. Featured Listed By Brandin Strasser of Real Broker
Edmonton's March 2024 Market Stats
If you’re a homeowner in Edmonton or planning to become one, I’m going to be sharing an update on the latest market stats from March 2024 for single-family homes.. Make sure you read to the end so that you can take advantage of some hidden opportunities whether you’re thinking about buying or selling. High-Level Market Overview In March there were 1.27 months of supply available in Edmonton, which believe it or not, keeps things pretty firmly in a seller’s market.. What does that mean? Months of supply tells you how many months it would take for all of the homes currently on the market to sell, given the average sales volume. 4-6 months of inventory indicates a more balanced market, less than 4 months means there’s not a lot of inventory available which can drive price up. More than 6 months of supply means there are lots of homes available for buyers to choose which can drive prices down. Average Price The average price for a home in Edmonton is $491,011. That average price is up from $469,382 from this time last year, and up $5,134 from last month. As we head into the spring market we could see prices increasing. In January and February if a home was priced right we were seeing more multiple offers on these houses. As a buyer, you need to prepare yourself when in a seller's market when looking for a home you may end up in a bidding war with other buyers. List to Sale Price Ratio Moving along, the average list-to-sale price ratio was 99.3% in March. That simply means that homes were selling for 99.3% of list price. So just underasking. That’s up from 98.6% last month and up from 97.6% vs last year. It will be interesting to see how the spring market will affect the selling price for a home. Days on Market Now you might be wondering how long it’s taking to sell a home? it took 38 days to sell a home here in Edmonton. it is up from last month where it took 46 days on average, up from last year where it took 48 days. So just know that if you’re planning to sell your home it’s going to take a shorter time than it has in the past. Once again, time will tell if this is market-driven or just seasonally driven Interest Rates Ok if you’re thinking about buying real estate shortly, a 5-year fixed rate is 4.99% with less than 20% down. Make sure to contact your lender to discuss rate options that will work for you. Market Trends Insight In summary, when you look at March market stats, it lookslike things are going to stay in a seller's market as we are in the spring market.. What does this mean, buyers could be competing with other buyers and having to pay more than the list price for a home. Buyers may also see home sellers not being as flexible with items that may need to be fixed in the home, as other buyers competing to buy the home. As a seller, if your home is priced right and in good condition you may see multiple offers on your home and you may receive offers offering more than the list price. So the bottom line is that whether you’re buying or selling, your situation is unique and a general market update should be taken with a grain of salt. If you want know what the homes are selling for in your neighbourhood or you’re thinking of buying you can send me an email.. I’ll always give you the straight goods so that you’re informed to make the best decision that’s right for you, based on your personal situation. Otherwise, feel free to check out my other videos and I’ll be back next month with another market update.
Exploring Edmonton: Beyond the City Limits
Exploring Edmonton: Beyond the City Limits As Edmonton continues to grow, both in terms of population and economic development, the allure of living within the city's limits is matched by the charm and appeal of the surrounding areas. Many homebuyers are now looking beyond Edmonton to find their perfect home, drawn by the promise of more space, natural beauty, and often, more affordable housing options. Let's explore some of the most sought-after areas outside of Edmonton: St. Albert, Sherwood Park, Spruce Grove, Leduc, and Rural Parkland County. St. Albert: A Blend of Culture and Community Just northwest of Edmonton, St. Albert offers a unique blend of small-city comfort and vibrant culture. Known for its Botanic Park, the Enjoy Centre, and numerous outdoor trails and parks, St. Albert is a haven for those who love nature and community-oriented living. With a rich history and a focus on arts and culture, including the annual International Children's Festival, St. Albert appeals to families and professionals looking for a high quality of life. Sherwood Park: Suburban Convenience Meets Natural Beauty Sherwood Park, situated just east of Edmonton, is known for its well-planned residential communities and its extensive green spaces. As a large hamlet, it offers the perks of suburban living with the convenience of easy access to Edmonton's urban amenities. The area boasts a wide range of recreational facilities, including the Broadmoor Public Golf Course, the Strathcona Wilderness Centre, and the Millennium Place Recreation Centre, making it an ideal spot for active individuals and families. Spruce Grove: A Growing Community with Small-Town Charm To the west of Edmonton, Spruce Grove offers residents a mix of urban amenities and small-town charm. This fast-growing community is attractive for its affordable housing, excellent schools, and ample recreational opportunities, including the TransAlta Tri Leisure Centre and Jubilee Park. Spruce Grove's vibrant arts and culture scene, highlighted by the Horizon Stage Performing Arts Centre, appeals to those looking to engage with their community. Leduc: Economic Growth and Lifestyle Leduc, located just south of Edmonton, is known not only for its proximity to the Edmonton International Airport but also for its burgeoning economy and quality of life. The city has seen significant growth, both residentially and commercially, making it a hotspot for investment and development. With a variety of parks, the Leduc Recreation Centre, and a thriving downtown filled with local shops and restaurants, Leduc offers a balanced lifestyle for its residents. Rural Parkland County: Natural Beauty and Outdoor Adventures For those seeking tranquillity and a connection to nature, Rural Parkland County offers sprawling landscapes and endless outdoor activities. From the shores of Lake Wabamun to the trails of Chickakoo Lake Recreation Area, the county is a paradise for outdoor enthusiasts. Its rural setting provides a peaceful retreat from city life, with the convenience of being close to Edmonton's amenities. Whether it's for farming, recreation, or simply enjoying the great outdoors, Rural Parkland County offers a diverse range of options for homebuyers. Each of these areas outside Edmonton has its unique charm and appeal, catering to a wide range of lifestyles and preferences. Whether you're looking for the cultural richness of St. Albert, the suburban convenience of Sherwood Park, the small-town feel of Spruce Grove, the economic opportunities of Leduc, or the natural beauty of Rural Parkland County, there's a place outside of Edmonton waiting to be called home.
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