Mindblown: a blog about philosophy.
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8.9% property tax approved by Edmonton council
Edmonton city council unanimously approved an 8.9% property tax increase, amounting to about $66 for every $100,000 in assessed property value. The increase will fund services like the Metro Line to NAIT, increased bus service, and homeless camp response. The budget was higher than initially approved due to rising operational costs and lower revenues. Continue…
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Advantages of Buyer’s Agents
Specialized professionals streamline property search, offer tailored advice, and navigate buying processes.Potential savings outweigh fees, especially for first-time buyers and investors.
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Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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Despite Economic Challenges, Edmonton Retail Leasing Market Experiences Growth and Expansion: JLL Report/Interview
The retail leasing market in Edmonton is seeing increased demand, with major international retailers expanding in the athletic, fashion, and luxury sectors. Despite a slower economic outlook, Edmonton remains attractive for retailers due to population growth and government jobs. Downtown Edmonton is showing signs of recovery, with increased pedestrian traffic and investments. Continue to full…
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Edmonton Housing Market Poised for Q4 Price Growth
Edmonton home prices are forecasted to rise by 6.5% yearly in Q4. While not matching the national pace, Edmonton's growth signals a shift from slower growth.
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Rent Increases in Edmonton Begin to Ease
The Late-Q1 data showed early signs of rent increases easing at the national level. In Late-Q1, avg Canadian property rents ↑ 8.8%, showing slight moderation from Mid-Q1 ↑ 10.5%.
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What’s Hot in Commercial Real Estate
AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.
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Capital Gains Inclusion Rate Increase
Increase for high earners: After June 25, 2024, capital gains tax increases for profits exceeding $250,000.The $250,000 threshold applies to individuals, including gains through partnerships or trusts.
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New Listing: #301 6703 172 ST NW NW
Immaculate unit in the popular 55+ community of Wolf Willow Manor. This third floor, west-facing corner unit boasts generous natural light, two spacious bedrooms & two bathrooms (1×4 pc and 1×3 pc) that are already outfitted for reduced mobility. The sizable kitchen features ample cabinet space, a huge pantry, & an island with breakfast bar!…
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Edmonton Affordability at Peril: Influx Inflates Rents!
Canadians moving to Alberta for lower cost of living may drive up rents in cities like Edmonton. Concerns arise whether influx of people seeking affordability may make things less affordable.
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