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residential real estate Archives

Unclaimed property in the Alberta residential real estate sector

There are a number of unclaimed properties in Alberta. Some of those properties belong to the residential real estate sector. The province is proposing changes to the Unclaimed Personal Property and Vested Property Act to make it easier for Alberta residents to be reunited with their assets that have been lost or forgotten. 

Spooky residential real estate area in Alberta

One of the creepiest residential areas in the world happens to be in an abandoned Alberta neighbourhood. This residential real estate area known as Beachwood Estates looks like something out of a Stephen King-inspired movie. The homes in this High River neighbourhood simply look like their owners are on vacation.

Offices turned residential real estate in Alberta Cow Town

Calgary residents will be getting a vast choice of new places to call home. One the biggest real estate trusts in the country is planning on re-purposing four offices buildings located downtown into residential real estate units. The Alberta company is also planning on reclassifying commercially zoned land near Stampede Station to build a multifamily development consisting of 300 units. 

Alberta site of Passive House residential real estate pilot

The Passive House is being tested in the Calgary area. A residential real estate project, the Passive House was developed in Germany and is essentially a house out of a box. The Alberta pilot project aims to provide education regarding construction methods to trade suppliers. A Passive House apparently used 90 percent less energy than new builds since it utilizes sun and shade efficiently as heat sources for cooking and heat recovery.

Lakefront properties hot in Alberta residential real estate

Lakefront property is at a premium in Alberta. Since supply is limited, those property values have risen by more than 80 percent the last couple years, according to a real estate company report. Residential real estate on the lake just about 65 kilometers outside Edmonton has risen by about $36,000 in a matter of a year and more than that since 2015. Because of Alberta's limited lakefront property near major cities, the province's prices are the highest in Canada,

Big bang for the buck in Alberta residential real estate

Alberta seems to be where it's at for property these days. After rallying from an economic slump, the residential real estate sector -- and all real estate in general -- looks to be on the rise in White Rose Country. Low gas and oil prices in Alberta are also helping to heighten overall market.

Residential real estate rebuilds ahead of schedule in the Fort

The Canada Mortgage and Housing Corporation Inc. (CMHC) has said the once fire-ravaged Fort McMurray is rebuilding quicker than experts anticipated. Fort McMurray, in Alberta's north, had about 2,500 homes destroyed by a massive wildfire last year and is in the midst of rebuilding its residential real estate sector. A recent CMHC report indicated rebuilding has begun on 844 homes razed by the fire in May 2016.

Residential real estate on the upswing in Alberta

Canada's real estate market continues on a strong front, posting gains in the second quarter of this year. Alberta seems to be leading the pack in terms of residential real estate sales. The statistics, provided by a major real estate brokerage firm, point to a continuation of the same in the second half of this year with Alberta sales definitely on the rebound from an economic downturn.

Residential real estate sales help Alberta town after flood

After a flood that devastated the High River area of Alberta four years ago, the scenic locale of 13,000 residents is finally on the rebound. Floods impacted many southern Alberta communities, but those in 2013 threatened the very existence of High River. In fact, three residents died and the residential real estate market suffered immeasurably, with many homes being so devastated that they had to be torn down.

Surplus residential real estate creating a buyer's market

In the film 'Field of Dreams,' the main character hears someone speak the (oft-misquoted) words, "If you build it, he will come." That must be on what Edmonton residential real estate developers are banking. The latest statistics show an emerging surplus of new housing in Alberta's capital, turning the local market into a potentially appealing one for buyers.

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