Edmonton Real Estate
Despite being known as The Oil Capital of Canada, Edmonton has a diverse economy. Aside from the oil and gas industry, it is also home to other major industrial sectors like technology. It also has one of the country’s premier research and education centres. The wide range of employment sectors in the fields of banking, biotechnology, and information technology has also helped attract more migrant workers throughout the years.
Additionally, the city is home to multiple successful retail businesses. Because of these, it has turned into a vibrant city with ethnically diverse residents. Around 25%of the local population belongs to visible minority groups. Finding excellent schools is no tan issue in this city.
Since most schools are under the Edmonton Public Schools Board, they follow a standard non-denominational system. French-speaking students have other options because of the Francophone School Board. The city also houses the EdmontonCatholic School District. For post-secondary education, Edmonton has over 10 institutions. One of the top universities in the country, the University of Alberta, is also accessible. Those who opt for technical courses can go to the Northern Alberta Institute of Technology. It offers various undergraduate programs and certificate-or diploma-based studies.
The province of Alberta has significantly lower taxes compared to other Canadian provinces. That means Edmonton residents enjoy lower taxes. They also have the lowest prices for gasoline and diesel in Canada. Accessibility is not a problem in Edmonton. While cars are the primary mode of transportation, the city provides an advanced bus network and a light rail system that has stations in major central and downtown areas.
Enjoying nature amid the bustling city is also possible because of Edmonton’s Ribbon of Green, which is reinforced by multiple neighbourhood parks. In fact, the city has the highest area of parkland per resident in the country. Shopping, dining, and other indoor activities can be done in social hubs like the West Edmonton Mall, South Edmonton Common, Jasper Avenue, and Whyte Avenue. Other recreational activities for residents include biking, hiking, skiing, snow-shoeing, and walking. As the FestivalCity, it also hosts several huge festivals annually. There are also museums, theatres, and concert venues for a cultural experience. Overall, Edmonton is a working city filled with friendly neighbourhoods.
Edmonton Listings Summary
Edmonton - Town vs. Region Stats
Avg Price in Edmonton: $418,500 / Region Avg $423,600
Avg Sq. Ft. in Edmonton: 1,366 / Region Avg 1,451
Avg Price per/sqft in Edmonton:$306 / Region Avg $292
Avg Walkscore in Edmonton: 46 / Region Avg 37
Avg Year Built in Edmonton: 1994 / Region Avg 1993
Avg Days on Website in Edmonton: 58 / Region Avg 86
Edmonton Real Estate Market Health
|Areas in Edmonton AB|