Edmonton Open Houses Open House on Saturday, February 24, 2018 2:00PM - 4:00PM Best priced townhouse in North Edmonton. Call Audrey at 780-910-5179 for more details no
Edmonton Open Houses Open House on Sunday, February 11, 2018 2:00PM - 4:00PM Contact Shelly Littlefair 780-221-2979 for more information no
Edmonton Open Houses Open House on Saturday, February 10, 2018 1:00PM - 3:00PM Call Stephen Jones 780-554-4995 for further info No
New Listing! Home for sale at 115 155 Edwards DR SW in Edmonton, Zone 53, Edmonton, E4095128
New Listing! Home for sale at 17777 95 ST in Edmonton, Zone 28, Edmonton, E4093735
New Listing! Home for sale at 417 10311 111 ST NW in Edmonton, Zone 12, Edmonton, E4093117
New Listing! Home for sale at 17832 108 ST in Edmonton, Zone 27, Edmonton, E4091159
Carter Crest - South Edmonton Real Estate
About Carter Crest, Riverbend Edmonton
Houses located within the Riverbend area, Carter Crest are bound by Terwillegar Drive on the west, Rabbit Hill Road on the north, northeast. Carter Crest features a combination of residential homes, but mainly consists of detached houses which was completed in the 1990s.
The general topography of the Carter Crest planning area is characterized by gently undulating plain, largely the result of deposits that once formed the bed of glacial Lake Edmonton.
Carter Crest is named after Robert I. Carter, a Canadian government agent who advised Americans on their immigration prospects in Canada. After numerous trips to Edmonton from his home in Ohio, he purchased a farm in what is now Terwillegar Park and named it Riverside Farm. He moved to Strathcona in 1910 and was very active in political affairs. He served on the council for rural residents, was president of the Conservation Association of Strathcona, and was a member of the Masonic Order. Carter returned to the United States with his wife in 1923.
New Listing - Home for sale at 4062 33A ST in Edmonton, Zone 30, Edmonton, E4089811
New Listing - Home for sale at 102 6315 135 AVE in Edmonton, Zone 02, Edmonton, E4089688
Brookside - South Edmonton Real Estate
Brookside, Riverbend Edmonton Real Estate
Properies in Brookside Edmonton were some of the first homes constructed in the Riverbend Edmonton Area. In 1961, Brookside was included in a plan for phased development of the Riverbend portion of southwest Edmonton, and in 1969, Brookside was included in the Riverbend-Terwillegar Heights Outline Plan. Riverbend-Terwillegar Heights, with a predicted ultimate population of 95,000 people, was the first of Edmonton’s residential areas to be planned on such a large scale.
Housing development of Brookside proceeded ahead of the overall plan. The neighbourhood was the subject of a subdivision re-plot in 1968 and developed quickly from that time. Approximately half of the Brookside houses were completed before 1970, and 90 percent of the units were completed by 1980. Brookside is predominantly an area of single-detached homes. Most of these are executive style homes of roughly 1970s vintage, with above average-sized lots and mature landscaping.
Brookside is especially favoured by its location, which is adjacent to the Whitemud Creek Ravine. The ravine offers a natural woodland habitat, skiing, access to river valley park trails, and other recreational facilities. From the neighbourhood there are a number of scenic views of Edmonton’s Downtown. Brookside name is an indirect reference to its location, which is adjacent to Whitemud Creek.
Bulyea Heights - South Edmonton Houses
Bulyea Heights is located in the south west portion of Edmonton. This community consists of mainly single family detached houses with a few condominium complexes. Houses in Bulyea Heights range from upper middle class to Luxury homes with walk out basements overlooking some of the cities best ravines.
Bulyea Heights was a neighbourhood defined in the 1979 Riverbend Area Structure Plan, covering approximately 125 hectares in the southwest sector of the city along the Whitemud Creek Ravine. The presence of the Whitemud Creek Ravine, which runs the eastern length of Bulyea Heights, is the most striking feature of the neighbourhood.
Prior to housing development, the land in Bulyea Heights had been cleared for farming. The design concept for Bulyea Heights was to create a single family home residential district that took maximum advantage of its natural surroundings, and effectively separated internal residential roadways from external traffic patterns through the creation of a hierarchical roadway system. The majority of the residences within Bulyea Heights were constructed in the 1970 and are primarily single-detached houses.
Because of the ravine and two freeways, Whitemud Drive and Terwillegar Drive, access to the neighbourhood is limited to two locations: one from Terwillegar Drive at 40th Avenue, and one from the south off Rabbit Hill Road. A small commercial centre is located along Bulyea Road, but the vast majority of the community has been developed residentially.
Bulyea Heights was named after George Hedley Vicars Bulyea who was the first Lieutenant-Governor of Alberta. Born in New Brunswick, he made his way west, moving to Winnipeg, Manitoba in 1882, to Qu’Appelle, Saskatchewan in 1894, and then on to Edmonton at the turn of the 20th century. He was elected Lieutenant-Governor of Alberta in 1905 and served until 1915.
Buying a Home with 5% Down Payment
Today, it is still possible to purchase a home with a 5% down payment.
Investing in Edmonton's real estate market is relatively simple. For a small amount of money down, usually five percent, (plus closing costs) and can own an asset worth significantly more and build your net worth. Your down payment must be from your own savings or a gift from a family member. You cannot use a loan or line of credit.
To use the 5% down payment option, the following rules apply:
The home must be your principal residence - in other words, you will actually live in the home. So if you plan on buying a condominium or other property for residual income, you won’t be eligible for the Canada Mortgage and Housing Corporation’s 5% down payment option.
To calculate your GDS or Gross Debt Service ratio, factor in your monthly mortgage payment, utilitie costs, property taxes and condo fees, if applicable. This number cannot exceed more than 32% of your gross taxable income. Plus, all your consumer debt, loans and housing-related payments cannot exceed 40% of your gross taxable income—this is your Total Debt Service ratio or the TDS.
Finally, you must have good credit and a minimum of one year with your current employer.
About Brander Gardens Edmonton
Brander Gardens, Riverbend, Southwest Edmonton
The Brander Gardens area was annexed in 1960 by the city of Edmonton. In 1961, the area was included within a plan for phased development of a large portion of southwest Edmonton.
In 1969, Brander Gardens was included within the Riverbend-Terwillegar Heights Outline Plan, a detailed a development scheme for a comprehensively planned community to be, in many respects, self-contained. Riverbend-Terwillegar Heights, with a predicted ultimate population of 95,000 people, was the first of Edmonton’s residential housing areas to be planned on such a large scale.
In 1967, just prior to preparation of the overall plan, Brander Gardens, called Glamorgan at that time, was the subject of a subdivision re-plot. Almost all Brander Gardens houses were constructed during the 1970s. Most homes are in row housing and condominium apartments clustered along the major traffic route, Riverbend Road. The residents of Brander Gardens are served by businesses located in the Riverbend Shopping Center. Proximity to the Whitemud Freeway facilitates access to other major commercial and employment areas in Edmonton.
Brander Gardens was named in honor of George Brander, who came to Edmonton in 1921 and established a peony garden in the Bonnie Doon Area. The gardens were an attraction for Alberta until the 1940s and were the source of most of the peonies in Alberta.
What Are Closing Costs?
CLOSING COSTS FOR BUYERS
Are you ready to purchase your new home? Often, buyers find themselves overwhelmed with the cost of purchasing a home and should be aware of these extra home costs to ensure you won't be struggling at the last moment to find more cash to complete the purchase of your new home.
When a home is sold, the buyer incurs various closing costs in addition to the property sale price. Although, most of the houses expenses are paid for by the seller, the buyers pays a variety of fees such as mortgage origination charges, title insurance, lawyer, home insurance and property taxes. Depending on the buyer and the home purchased, there may be additional fees including CHMC Fees and other costs agred upon and not covered by the seller costs. Don't forget your moving and utlity hook up costs.
If you are not sure of the true cost of purchasing a home, contact one of our experts today for help and free advise.
How much does it cost to sell a house?
SELLER CLOSING COSTS
Before you sell your home, do your homework and estimate your closing costs to ensure you have enough money to make your move. There is nothing worse than sitting with your lawyer and not having enough funds to close your sale.
When a home is sold, the seller incurs various closing costs in addition to paying out the remianing balance on thier mortgage and payout penalties. Typical closing costs for a seller may include any property taxes which are in arrears, encumbrances, the cost of a real property report with compliance and/or title insurance, any permits which were not obtained earlier, real estate commissions, any provincial, GST revenue, agricultural or business taxes, liens and legal fees. If the property is a condominium, the seller may also have costs of condominium documents, unpaid condo fees, levies and the estoppel certificate. When selling a house, the sellers costs vary from a few thousand to several thousand.
If you are not sure if you have enough equity in your home, contact one of our real estate experts for a free home evaluation.
What is a real estate absorbtion rate?
How to tell if it is a buyers market or a sellers market
An absorption rate is the rate at which homes sell in a given area during a given time period. Absorption rate is calculated by dividing the number of sales in a given month by the number of available homes for sale. It is the inverse of months of supply.
For example, if there are 100 houses listed for sale in a certain area, and 10 houses sold over the last month, the absorption rate is 10/100=10%. Which means, assuming no other house listing are put on the market, it would take 10 months for buyers to purchase enough properties to absorb the real estate demand.
As a rule of thumb, an absorption rate of 20-25% or higher means that homes are selling quickly and the market favors sellers. Lower absorption rates mean that homes are not selling quickly and supply is much greater than demand, favoring buyers.
DELETEOctober 9th, 2017 - Terwillegar Skating Party!
Terwillegar Arena Thanksgiving Member Skate Party
Terwillegar Arena is a fully accessible facility offering 4 skating areana areas, 4 dressing rooms, 6 community rooms available for booking, safety netting protecting the viewing area, Concession, Vending machines, accessible parking, ramp and power doors at entrance and so much more. 2051 Leger Rd NW, Edmonton, AB T6R 0R9 See you there.
DELETE Check out the Best Recreation Centre in Edmonton!
Winter Workouts at the Terwillegar Recreation Centre
Located in south Edmonton, Terwillegar Community Recreation Centre is a family-oriented centre, you are sure to find a program that will fit into your hectic lifestyle and provide a calming oasis where you can relax and be your energetic self. The Terwillegar Rec Centre offers the highest quality fitness, leaisure and recreational programs within a friendly and comfortable environment. Perfect for working out all year round.
Rosslyn Edmonton House Sold!
Another home sold by Audrey Abuan - RE/MAX Real Estate, in Rosslyn Edmonton
Incredible find! Inside and out, this bungalow has been extensively updated with energy saving renovations. The exterior has been water vapoured plus has extra insulation added to the exterior prior to the vinyl siding being added. The landscaping of this home has also had years of tender loving maintenance with privacy and offers a double garage with all new doors and window, cherry and Lilac trees, RV parking, storage shed, wood deck and matching pergolas. The exterior of the home has a newer kitchen with quartz counter tops, french doors, pantry, 2 full bathrooms, 4 bedrooms, solar blinds, closet organizers, newer windows, furnace, hot water tank and the list goes on. Located across from Scott Robinson Park, this is an amazingly meticulously clean bungalow and ready for a new family. This fabulous single family home iis now sold. View more houses for sale in north Edmonton near Rosslyn.