RE/MAX Edmonton Real Estate News

Over the past few weeks our blog has hi-lighted the merits of outlaying Edmonton communities and the attractiveness of permanent residency in these areas. Re/Max realtors not only focus neighbourhoods within city limits, but represent all local small towns and hamlets, and have the necessary skills to negotiate real estate deals in and out of the city. They always have an eye on where market trends are headed, and recently surrounding Edmonton municipalities have been the central point of an upward growth spurt.

According to the EREB (Edmonton Real Estate Board) the most active sales areas have been St. Albert, followed closely by Sherwood Park. These two municipalities represent about 14% of all real estate sales in Edmonton’s census metropolitan area for single-family dwellings. As the interested eye of buyers continues to move outside of city limits, the areas of Westlock, Beaumont, and Fort Saskatchewan lead nearby communities in unprecedented growth rates. While Fort Saskatchewan’s year-over-year sales climbed 24%, Beaumont grew by 55%, and Westlock showed a whopping 78% increase.

As one moves geographically futher from the metropolitan centre, there is a general tendency for prices to decrease. While St. Albert and Sherwood park top the charts for average home prices in outlaying areas, the lowest average prices can be found in Westlock and Wetaskiwin, each less than an hours drive from the city. This reasoning is likely behind the growth rate of these particular communities, and explains movement away from the metropolitan centre.

Another contributing factor is a slight increase in average home prices, allowing sellers to feel more confident in returns on their investments. This has allowed for more overall properties to become available on the market, as more sellers continue to emerge. According to REALTORS® Association President Greg Steele:

“People who bought at the peak have not been able to realize their original purchase price until these prices surpassed the earlier peak. Now people are confident in the market and feeling comfortable about making a move and those houses are being listed.”

You can revisit our blog posts featuring many of these local Alberta municipalities to learn more about community actives and daily life, including: Fort Saskatchewan and Beaumont, or check back for upcoming articles on the many other surrounding communities.

CLICK HERE to create a custom search of Edmonton and surrounding area homes to suit your particular needs.

The town of Gibbons lies about 30 minutes away from Edmonton to its North-East, situated on the Southern banks of the Sturgeon River. Just over 3000 people reside in the almost 7.5 square kilometres that make up the town. Though comparatively a very small community, it is by no means isolated, considering its proximity to Bon Accord, Namao, Fort Saskatchewan, Redwater, and Morinville. Not to mention the short drive to Edmonton, if the amenities of a larger city are necessary.

Restored Photo of the Gibbons Grain Elevator. Image Credit: Shaun Merrigan via Flikr

The small town is quite old by Alberta standards, and rich in history, as their official website will boast to you. In 1892 William Reynolds Gibbons, an adventurous pioneer, settled the area along with his wife and three kids. Apparently the group was headed for Edmonton but extenuating circumstances (induing the railroad being incomplete as of yet) fated them to start their own settlement, aptly taking the family name ‘Gibbons’.

Image Credit: City of Gibbons

The town, since its very roots, has been a family oriented community and carries on this tradition into present day. This means a focus on recreational and community activities, with a whole host of programs dedicated to children and youth. Not to be overshadowed, there is also a strong arts and cultural presence to delight children and adults alike.

According to the town’s extensive website:

Residents and visitors can fish for trout in the stocked fish pond, take a walk along the river valley, share a picnic in the park or just enjoy the unmatched scenery. Watch history come alive when you visit the Gibbons Museum or visit nearby Jurassic Forest and spend some time with the dinosaurs.

Among the plethora of recreational facilities and activities, one sport rises above. Hockey is an increasingly focal point for the community’s youth, with the CNN Spurs minor hockey program in effect. This caters to all levels from initiation to midget, and includes a female program as well. All housed in the Gibbons arena, which is also home to many other teams, as well as a mens league. Adjoining the arena is the Gibbons Curling Club.

Gibbons Broncos Hockey Team. Image Credit: The Morinville News

Gibbons is also home to a cultural centre, which puts on many events throughout the year and even houses the municipal library. There is a town museum open in the summertime which “Celebrat[es] the local Pioneer history of Gibbons and the surrounding Sturgeon river area”.

Gibbons Museum Grounds. Image Credit: Gibbons Museum

There are two elementary schools in town, a junior high, and a learning centre focused on the high school level as well as adult education. There are multiple doctor and dental offices, a pharmacy, and a medical centre.

CLICK HERE To view properties available in Gibbons.

Canadian homeowners have been pushing the housing market to new heights, proving that the interest in home ownership throughout western Canada tops the results from other regions. This is a welcome surge coming out of 2013, which had a much spottier regional and national outlook.

CLICK HERE to watch the accompanying video at our very own RE/MAX ON TV

Just over 30 kilometres north of Edmonton lies the town of Morinville, Alberta. The 11 square kilometres that comprise the town are inhabited by almost 8600 residents. The 36 minute drive time to the city makes Morinville a desirable location due to this proximity, yet distance from larger centres. In the near vicinity are Namao, Bon Accord, Gibbons, and Legal.

Current Day Jean Baptiste Parish. Image Credit WinterforceMedia

By the late 1800’s French settlements had begun to arise in the area led by Father Morin, the town’s namesake.  Following this influx, a large group of German pioneers arrived, contributing heavily to the town’s unique French and German heritage. Many family lineages still exist today with prominent names such as Riopel, Labonté, St. Laurent, Maisonneuve, Bokenfohr, Krauskopf, Rustemier, and Meyers.  The settlement became official in 1894 upon the opening of its first post office, and shortly after in 1907 the St. Jean Baptiste parish was built.

Main Street Morinville in 1910. Image Credit: Morinville Museum

Always an economic frontrunner, Morinville opened one of the first Royal Bank locations (1910) and a credit union (1940) as well as the original location of Champion Pet Foods (now a world-wide exporter). Presently Morinville is home to many chain and locally run businesses, as well as 18 restaurants, salons and spas, veterinarian clinics, art and music supplies, auto shops, and every other amenity a resident could have need for.

Aerial View of a Morinville Street. Image Credit: Morinville News

The cultural diversity of Morinville’s residents creates interesting and exciting community events. With a highly bilingual population (French/English) even the Catholic church hosts an exclusively French mass on Sundays. There are festivals and events year round expressing a variety of cultural facets including a Jean Baptiste festival, the “In Our Community” Fair, Oktoberfest, and many more.

Here is a promo video for this years Saint Jean Baptiste Festival:

Due to the rural nature of Morinville, the area lends itself particularly well to recreational and outdoor activities. Along with extensive walking and running trails, the city has set up many clubs designed to specifically motivate and encourage recreation in a supportive and social environment. Additionally there is a trout pond, splash park, skateboard park, hockey arena, a curling rink, as well as new outdoor fitness areas.

CLICK HERE to view properties for sale in Morinville. 

The small community of Devon, Alberta, still considered a ‘town’ with a population of just over 6500, covers almost 12 square Kilometres of land southwest of Edmonton.  At about a 40 minute drive (26 KM) away, Devon provides an idyllic escape from city life.

Bridge at Devon, Alberta. Image Credit: Sean McCormick via flikr.com

Surrounded by agricultural communities, and residential sprawl from Edmonton, Devon is a hub of  not only shopping and amenities but is surrounded by world class golf courses and spectacular nature preserves.

By Alberta standards the town is relatively new, having almost sprung up overnight in the late winter of 1947. The Imperial Oil drilling company struck oil on the present day town site, and Devon developed to accommodate for the many site workers and staff necessary to maintain the drill. To this day the oil industry remains an important contributor to Devon’s economy.

Imperial Leduc #1 Oil Drill. Image Credit: Devon.ca

The Devonian Botanic Garden, facilitated by the University of Alberta, is a notable feature, and namesake, of the area around Devon known for its lush landscapes. The ‘Garden’ is in actuality over 190 acres of botany collections, indoor show houses, as well as an extensive trail system. Across the highway from the gardens lies the Clifford E. Lee Nature Sanctuary; nearly 350 acres of marshland, parkland, open meadows, and more. The varied terrain attracts a multitude of animal species, including over 100 varieties of birds.

The greenery around Devon is not only reserved for flora and fauna however, the Devon Golf and Country Club, as well as Blackhawk Golf Club are both found along the scenic Devon River. The Golf and Country club was also built in the interest of the early oil workers, to create a leisure time activity. As the sport escalated in popularity, it grew from a 9 to an 18 hole course.

View of the Devonian Botanic Garden. Image Credit: University of Alberta

Devon is appealing for those searching for a starter family home, or even more established buyers. The area is serviced by a general hospital, 3 public schools, 2 Christian academy, a Catholic School, and the Devon Dispatch newspaper.

CLICK HERE to view properties available in Devon.

Stony Plain, Alberta is a town located west of Edmonton within Parkland County. With less than a 40 minute drive to Edmonton and only 10 minutes from Spruce Grove, as well as many amenities of its own, Stony Plain has become a desirable area for those relocating from larger nearby cities.

The area was officially settled in 1892 by homesteaders Alex McNabb and John McPherson, however the origin of the name “Stony Plain” has been disputed. It is possible it relates to the Stoney people, indiginous residents of the area. Alternatively, it has been suggested it was named by geologists noticing the large amounts of scattered boulders in the area.

Main Street. Image Credit: Town of Stony Plain

Stony Plain’s population of around 15,000 spread over 36 square Kilometres make it one of the largest towns in Alberta, as it nears eligibility for “city” status.  However in relation to Alberta’s primary cities, this is a relatively low population count, allowing for a quality of life oft sought after in smaller communities.

Public Mural. Image Credit: 20@30

Stony Plain has an active arts community, and has been lovingly dubbed “The Town with the Painted Past” due to the large number of public murals splashed throughout the town. It also houses the diverse Multicultural Heritage Centre, which amalgamates the arts community with the town’s strong agricultural heritage. The centre offers many cultural programs, as well as an art gallery, and a museum.

Summertime in Stony Plain means plenty of festivals and celebrations including Farmer’s Days (including a parade, fairgrounds, and rodeo!), the Blueberry Bluegrass and Country Music Festival, and The Cowboy Poetry and Country Music Gathering.

Cowboy Poetry and Country Music Gathering

For those interested in raising families, the town is home to five schools, including private, public, and Catholic divisions as well as an outreach centre.  The Stony Plain Reporter and the Tri-Area News are local media outlets located in town, reporting predominantly on Stony Plain, and secondarily the neighbouring Spruce Grove. Additionally, Stony Plain also shares a recreation centre with Spruce Grove, the TransAlta Tri Laisure Centre.

Click Here to search for homes available in Stony Plain. 

The REAL Trends Canadian 250 survey illustrates that RE/MAX agents outsold other agents, on average, by 16.1 transaction ends to 10.4 in 2013. That includes Royal LePage, Sutton, EXIT Realty, Century 21, Coldwell Banker and a host of others.

This just-released chart sums up how RE/MAX continues to occupy center stage in Canadian real estate:

Bigger and better was the theme for Re/Max Western Canada in 2013. The results have been tallied and Re/Max Agents had an incredible year, from growth and productivity, to welcoming newcomers to the industry, to opening up offices all across Western Canada.

Just outlaying Edmonton’s original core, is the area of Westmount. It’s 1910 boundary establishment makes this neighborhood one of the city’s oldest and most established. A strong history of growth and development contributes to the cultural richness of the area and it’s vibrant community spirit.

Westmount Homes. Photo Credit: Avenue Magazine

Westmount has some of the most desirable real estate in the city, with an abundance of appealing character homes. Over 25% of it’s residences were constructed prior to the end of World War II. The strong sense of historical pride in this area can be seen in these immaculately maintained, period houses.

Bordered by thoroughfares of 111 avenue, Stony Plain Road, Groat Road and 121 Street, this neighborhood has all the charm of downtown living without, well, actually living downtown. It’s cornerstone is the bustling 124 Street, dotted with cafes, boutiques, art galleries, and the newly popular 124 Street farmer’s market (open Thursdays in the spring and summer).

Reflecting the liveliness of Westmount is the younger community of Meadowlark Park. Though it wasn’t established as a community until much later, it has certainly made up for lost time in it’s short but interesting history. Now this neighborhood, with an increasingly youthful demographic, is notable for it’s young families and abundance of children being raised in the area.

The Edmonton neighborhood originally belonged of the town of Jasper Place, and at the time lay far outside the city limits. However, as Edmonton continued it’s rapid expansion, many smaller towns became absorbed into the metropolis. In 1964 Jasper Place became one o f these annexed locations, including of course, it’s small area of Meadowlark.

Located in the west end of the city, the community spans from 156 Street and 87 Avenue to 163 Street and 95 Avenue, just a stones throw from West Edmonton Mall, the Valley Zoo, and the vast network of the river valley trail system, ideal for it’s young families and those with on-the-go lifestyles.

Jasper Place Library

Meadowlark is known for strong involvement in it’s community league, including year round fundraising, fitness programs, and children’s recreation programs. The flagships of Meadowlark Shopping Centre and the beautifully renovated Jasper Place Library branch showcase the recent economic growth of the area.

While Edmonton’s new downtown arena development has garnered much attention, the accompanying boom of real estate development in the city’s core is the latest topic of conversation.

The previous abundance of surface parking lots allowed for the land space needed by developers to add more condominium towers to the downtown area, with around 27 proposed towers expected to go up in the next 3 years. At the forefront of these residential developments is the Fox Two, a project by Langham developments (of Icon Towers notoriety). 171 units will comprise this 33 storey colossus on the corner of 102 Avenue and 104 Street; a site you may remember as the old greyhound bus garage. This project began after the Fox One sold out most of it’s 142 units. Upon completion, both Fox towers are expected to place in the top 20 list of Edmonton’s tallest buildings, alongside the Icon I and II.

Mockup of the Fox Two tower.

The following chart outlines some of the major condo development projects in central Edmonton:

Understandably, residents and employees who work in the core have expressed concern over an increase in traffic congestion due to construction and closed thoroughfares, as well as decreased parking availability. According to Edmonton Journal Reports the city is on top of these issues, with a comprehensive website in development to keep citizens aware of route changes and parking availability, maintaining Downtown’s travel efficiency.