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A free way of finding a sale price for residential real estate

Finding data regarding real estate sale prices in Alberta isn't a piece of cake, but with a little persistence, it is doable. Alberta is unlike Toronto where a recent Supreme Court ruling gave Toronto Real Estate Board (TREB) members the green light to publicly post sale prices of residential real estate. In fact, there are websites now where bulk information about home sales can be found in the Toronto area.

Both the Calgary Real Estate Board (CREB) and the Alberta Real Estate Association (AREA) are mum on whether their members are prohibited from publishing such information. As was the case with the Toronto board -- which is appealing the federal court decision -- Alberta realtors are privy to this information and can share it with individual clients and with other realtors. But no database exists online for the public to find the particulars.

There is a way, however, that the public can access such information. The government site, Aberta Land Titles Spatial Information System, or SPIN2, has some information available at no cost. With a little know-how, a user can find the value of the property according to the purchaser's opinion, usually the same as consideration on the site. This will give online surfers the selling price, unless the sale was not arm's length, meaning one relative sells to another.

There are many components to residential real estate sales and purchases which could leave a member of the general public feeling a bit confused. An Alberta lawyer who has experience with real estate law might be able to clear up some erroneous information for his or her clients. Having the guidance of such a lawyer could make the buying and selling experience a little less stressful while protecting short and long-term interests.

Source:, "Here's a free way to find the actual sale price of a home in Alberta", Robson Fletcher, Dec. 8, 2017

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