Mindblown: a blog about philosophy.

Edmonton’s home prices are projected to rise 9% annually, reaching $494,860 by Q4 2025. The city remains affordable compared to national averages, supporting strong buyer activity.

Home insurance premiums rise due to a 73% increase in construction expenses and frequent natural disasters.Alberta faces an annual shortfall of 28,000 skilled construction workers, further increasing rebuild and repair costs.

Edmonton’s Real Estate market is expected to favour sellers with growing demand and limited supply in 2025. Home prices in Edmonton ↑ 7.7% in 2024, with an avg price of $432K.

Alberta forms a Construction Codes Working Group to streamline housing development while maintaining safety and quality standards.Focus areas include simplifying secondary suite regulations and single-stair apartment designs to ease construction efforts.

Edmonton city council agrees on ↑ 6.1% property tax increase for 2025, down from 8.1%. The avg household will pay $813/$100K of home value, ↑ $47 increase.

The Alberta government introduced the Service Alberta Statutes Amendment Act to improve condominium ownership and construction.The bill proposes creating a Condominium Dispute Resolution Tribunal for affordable, non-court dispute resolution.

Updating your kitchen with quartz countertops and smart appliances significantly enhances resale value. Adopting a neutral color palette makes your home more appealing to potential buyers and feels modern.

Alberta offers programs to assist first-time buyers, including incentives like Attainable Homes Calgary and First Place.Federal options such as the Home Buyers’ Plan and First Home Savings Account enhance affordability and savings.