Hudson House & Grandin Manor Condos

Hudson Houses & Grandin Manor 2009 Real Estate Market Update

Hudson House Condos:
Location: 10130 - 114 , Edmonton, Alberta, High Rise built in 1992 - Zone 12

2009 year to date, 12 condos have sold in Hudson House through MLS® System, ranging in sold price from 277,500 (two bedroom, 1,173 sq.feet) to 940,000 ( 2,250 sq.feet, 2 berdroom penthouse). These units have sold for the average price of 409,074 / 283 per sq.foot with a list price of 433,490 / 300, and average size of 1,392 square feet . It took on average 56 days for Hudson House condos to sell, with 197 days being the longest to 14 the quickest. Average sold-to-list price ratio stood at 94 percent, ranging from 100% to 90%.

Click on the table for a larger view

Grandin Manor Condos:

Location: 9741 - 110 Street , Edmonton, Alberta, High Rise built in 1999 - Zone 12

2009 year to date, 15 condos have sold in Grandin Manor, ranging in sold price from 377,500 (two bedroom, 1,076 sq.feet) to 450,000 ( 1,044 sq.feet, 2 berdroom on the 9th floor). These units have sold for the average price of 409,933 / 375 per sq.foot with a list price of 422,272 / 387, and average size of 1,094 square feet . It took on average 47 days for Grnadin Manor condos to sell, with 111 days being the longest to 12 the quickest. Average sold-to-list price ratio stood at 97 percent, ranging from 105% to 91%.

If you would like to receive more detailed information on this year's sales and current listings of Hudson House / Grandin Manor condos for sale, send us an email at info@edmontonrealestateweb.com and indicate it in the comments.

Free Online Condo Evaluation

"Sell My Hudson House / Grandin Manor Condo"

Data provided by REALTORS® Association of Edmonton

Downtown Edmonton Christmas Day

My family and I took a stroll in downtown Edmonton, on Christmas Day, to help digest the massive feasting over the last few days. Despite the chill, there were several other Edmontonians also taking in the beautiful light displays.  My children were fascinated with the live sheep at City Hall's Nativity Scene, and we all enjoyed the smooth ice and festive music.

We were awed by the size and sparkle of the Christmas Tree in Churchill Square. It was a great place for an impromptu snowball fight, initiated by my brother-in-law, George!!

Of course, no trip downtown would be complete without a trip to the Legislature.  There were more brave souls taking pictures there.  It is a great place for a walk, as most trees are lit up with different colours. 

I would definitely recommend bundling up, and going for a stroll in the evening.  Happy Holidays Edmonton!

Sincerely, Derek Hulewicz.

Illuminada and Uptown Estates Condos

Edmonton Illuminada and Uptown Estates Condominiums - Real Estate Market Update


Illuminada 1&2 Condos:

Location: 10028 - 119 Street / 11933 - Jasper Avenue, Edmonton, Alberta - Zone 12

There are currently two Illuminada Condos For Sale through MLS® System, ranging in price from 439,900 (two bedrooms and one bathroom, 1,079 square feet) to 1,249,000 (three bedroom, 2,454 sq.feet  penthouse).
2009 year to date, 13 condos have sold in Illuminada One and Two, ranging in sold price from 249,000 (one bedroom, 582 sq.feet) to 1,250,000 ( 2,432 sq.feet, 3 berdroom penthouse).  These units have sold for the average price of 563,298 / 398 per sq.foot with a list price of 601,246 / 420.  It took 93 days for Illuminadas condos to sell, with 223 days being the longest to 9 the quickest.  Average sold-to-list price ratio stood at 94 percent, ranging from 100% to 89%.

Click on the table for a larger view

Uptown Estate:


Location: 10046 - 117 Street, Edmonton, Alberta - Zone12

There are presently five Uptown Estates Condos For Sale through MLS® System, ranging in price from 425,000 (two bedroom 1,124 sq.feet) to 1,399,000 (two storey, three bedrooms 2,493 sq.feet).  The average size of these high rise condos is 1,397 sq.feet and list price 662,555 / 452 per sq.foot.

2009, year to date, 8 condos have sold in Uptown Estates building, ranging in sold price from 415,000 - two bedroom 1,125 sq.feet unit, to 1,199,000 - three bedroom 2,347 sq.feet penthouse. The average sold price for these condos was 555,486 / 421 sq.feet, list price 585,200 / 442 and size 1,302 square feet. The sold to list price ratio stood at 95 percent, ranging from 98% to 91%, while days on market was 117, range: 241 days to 30.

If you would like to receive more detailed information on this year's sales and current listings in Illuminada / Uptown Estates High Rise by email, send us an email info@edmontonrealestateweb.com and indicate it in the comments.
 

Free Online Condo Evaluation

"Sell My Illuminada / Uptown Estates Condo"

Data provided by REALTORS® Association of Edmonton

The Legacy and Vivacity Condos

Edmonton Legacy & Vivacity Condominiums - Real Estate Market Update

The Legacy Condos:

Location: 10303 - 105 Street, Edmonton, Alberta
There are currently two Legacy Condos For Sale through MLS® System , ranging in price from 244,900 to 278,000, two bedrooms and one bathroom, average size of 760 square feet.  In the last 90 days, 3 units have sold in Legacy, for the average price of 265,666 / 317 per square foot with a list price of 272,466 / 325.  It took on average 15 days for the units to sell and they sold for 97 percent of the list price.

2009 year to date, 10 condos have sold in this high rise downtown building, ranging in sold price from 167,000 - one bedroom to 288,000 - two bedroom on the 19th floor.  The average sold price for the two bedroom units was 259,933 / 313 per square foot, list price 266,311 / 321 and size 830 square feet.

Click on the table for a larger view

Vivacity Condos:

Location: 9819 - 104 Street, Edmonton, Alberta
There are presently two Vivacity Condos For Sale through MLS® System, ranging in price from 339,500 to 409,900, all two bedroom with an average size of 1,141 square feet and list price of 383,100 / 339 per sq.foot.  In the last 90 days, 4 units have sold in Vivacity, for an average price of 353,000 / 352 with a list price of 361,350 / 361.  The sold to list ratio was 97 percent and it took 90 days for the units to sell.

2009, year to date, 18 condos have sold in Vivacity high rise, ranging in sold price from 260,000 - one bedroom 709 sq.feet, to 420,000 - two bedroom 1,253 sq.feet.  The average sold price for these condos was 320,705 / 344, list price 332,580 / 356 and size 937 square feet.  The sold to list price ratio stood at 96 percent, range: 93% to 99%, while days on market was 86, range: 35 days to 181.

If you would like to receive more detailed information on this year's sales and current listings in the Legacy / Vivacity by email, send us an email info@edmontonrealestateweb.com and indicate it in the comments.

Free online Condo Evaluation

"Sell My Legacy / Vivacity Condo"

Data provided by REALTORS® Association of Edmonton

Rossdale

Rossdale Real Estate Market Update 2009 Year To Date

I must say it is one of my favorite neighbourhoods in Edmonton with an awesome central location next to river valley and plenty of biking and hiking trails for those who love the outdoor. Now, let's look at some numbers as I know I am not the only one who likes playing with the stats.

22 properties have sold through MLS® System in Rossdale ( Zone 12) in 2009, 5 single detached homes, 15 low rise apartment condominiums and 2 townhomes. 

The average sold price for a house in the area was far away from cheap, 623,800 / 306 per square foot with a list price of 641,640 / 314.  The cheapest Rossdale house sold for 522,500 and most expensive for 722,500.  It took on average 55 days to sell these homes, range 177-16 days, while sold to list price ratio stood at 97 percent, 99% highest and 95 lowest.

click on the table for a larger view

As to low rise condos, 15 units have sold, 9 in Rossdale Court and 6 in the Parliament Plaza.  We will break down the stats in two:

Rossdale Court Condos: 9 sold
Average: Sold Price: 298,666 / 262 per.sq.foot List Price: 311,222 / 272
Sold Price Range: 265,000 - 333,000
Size: 1,152 square feet, All units 2 bedrooms
Days-on-market: 37, high: 137, low: 8
Sold-to-list price ratio: 95 precent, high: 99%, low: 95%

Parliament Plaza Condos: 6 sold

Average: Sold Price: 263,166 / 256 per.sq.foot List Price: 272,833 / 266

Sold Price Range: 232,000 - 310,000
Size: 1,029 square feet, All units 2 bedrooms and 2 baths
Days-on-market: 45, high: 118, low: 9
Sold-to-list price ratio: 95 precent, high: 99%, low: 95%

Townhomes: 2 sold,

1st for 365,000 list price 374,900, 2nd for 412,000 list price 419,500

Average sold price 388,500 / 248

Average size: 1,562 sq.feet, DOM: 56, S-to-L price ratio 97%.

Rossdale Homes For Sale

"What is My Rossdale Home Worth? Selling My Rossdale Home"

If you thinking of selling your home, don't hesitate to contact us for a free online evaluation.
Data provided by REALTORS® Association of Edmonton

Downtown Awarded By The Responsible Hospitality Institute

Edmonton, City of Champions and also known as a gateway to the north, has been named by the Responsible Hospitality Institute as the most Sociable City in North America. Downtown, Whyte Avenue and West Edmonton Mall was one of 13 entertainment districts which were awarded.


“The cities that received awards are outstanding models for planning and managing nightlife. Their city leaders are at the forefront of innovation for harnessing dining and entertainment as an economic engine to drive revitalization and increase city funds,” said RHI president Jim Peters.

It's a good news that is needed not only for our city but also for the province, despite most recent statement by Ontario Environment Minister John Gerretsen at the UN's climate meeting in Copenhagen describing Alberta's oil sands as an embarrassment.

Way to go Edmonton !

The Imperial Condos

The Imperial building is located at 10235 - 112 street, on the east side of Oliver and south west of Grant MacEwan College.  This six floor concrete condominium complex was built in 2008 and is home to 112 units, ranging in size from 750 to 1,162 square feet.  The main entrance and the lobby face west onto 112 street.  Access to the heated underground parking and visitor stalls are located on the east side of the building. All the units include a balcony, in-suite laundry, storage and a fireplace.  Top floor units offer unique large size patios located on the roof which can be accessed by a staircase from the lower balcony.

Some of the amenities nearby are: Grant Macewan College on 104 avenue, Oliver Village and Oliver Square Shopping Plazas, also a variety of shops, small businesses, cafes, restaurants and services are located on Jasper and 104 avenue, Corona LRT station, and more.

The Imperial Real Estate Market Report

In the last 90 days, 6 units have sold through the MLS® System in the Imperial building, ranging in sold price from 267,000 to 339,000.  The average sold price was 302,416 / 345 per square foot and list price 308,083 / 351.  The sold to list price ratio was 98% and it took on average 23 days for theses condos to sell ( range between 8 to 50 days).

2009 year to date, 22 condos have sold in the Imperial, ranging in sold price from 200,000 to 406,000 with 4 being one bedrooms and 18 two bedroom units.  The average sold price for the year was 281,727 / 318 per square foot and list price 290,269 / 327.  Average days-on-market was 33 and sold-to-list price ratio 97 percent.

If you would like to receive more detailed information on this year's sales and current listings in the Imperial by email, click on the link and indicate it in the comments.

Free online Imperial Condo Evaluation

"Sell My Imperial Condo"

Data provided by REALTORS® Association of Edmonton

Saskatchewan Drive Or A Parking Lot?

Finally we got some snow, maybe a bit more than some.  The driving conditions this morning were terrible.  Saskatchewan Drive was one big parking lot and the traffic was moving probably one mile per hour.  If you were trying to get Downtown via Low Level or Walterdale  Hill Bridge, you might as well get your skies.  The traffic from Downtown towards the University was a bit better, mind you, I saw cars spinning out ( including my own ) on Scona Drive, luckily, no harm done.  I did manage to crawl my way up at 2 clicks an hour.

Saskatchewan Drive Near Lavine Road

Traffic Jam Southbound On Scone Drive

 

Downtown and Oliver Real Estate Market Update

We have seen another decrease in the inventory in November for Downtown and Oliver condos.
There are currently 224 condo units for sale throught the MLS® System in Oliver and Downtown Edmonton, 5 percent less than in October (236), ranging in price from 118,000 to 2,888,000.  There are 7 properties for sale for over one million and 30 above 500K mark. 

Average sold price per square foot

49 condominiums have sold in November, ranging in sold price from 121,000 to 765,000.  14 units have sold under 200K, 22 between 200-300K, 9 between 300-400K, 2 between 400-500K, and 2 between 600-800K.

The average sold price was 263,816 / 278 per square foot and list price 277,870 / 292 per square foot.  On average per square foot, Downtown and Oliver condos were selling in November for 4 percent less than in October of this year, and 2.2 percent higher compared to October of 2008.

Number of condo units sold

Average sold-to-list price ratio was 95 percent, one percent lower than October and days-on-market stood at 52, compared to 42 in October.  The current absorption rate stands as of today at 4.6.

Average Days-On-Market

Downtown & Oliver November Sold History Data

Data provided by REALTORS® Association of Edmonton

Created by Derek Hulewicz

Condo Value

What is a value of your condo? How is it determined?  Who is the best source for you to contact? How do you confirm the information that you have obtained? These are just some of the questions that you maybe asking yourself.

To come up with the right value is not an exact science due to the constantly changing market conditions, new listings that come onto the market, as well as the person doing the evaluation.

The value is generally calculated based on comparables.  The current listings and the recent sales in the building and/or the buildings that are similar in age and location are compared with the evaluted unit. 

The unit is compared by size, number of bedrooms and bathrooms.  Level location and a quality of view can substantially add to the value.  Also upgrades like new kitchen, appliances, flooring, light fixtures and bathroom(s) and any other improvements add to value as well, no brain surgeon needed so far.

Parking, size and location, can play an important part in pricing as some stalls may not accomodate larger vehicles like SUVs, vans, and the larger pick up trucks. This may be due to water and heating pipes that may limit the height and size needed for a large automobile.

Floor location ie: corner unit versus next to elevator, or a  unit close to the laundry room is another factor that needs to be considered. A unit next to the elevator may actually be a benefit for those with limited mobility.
These are some of the general points that are taken into consideration.  When comparing condos (for evaluation purposes) to others and currently sold, the art of value finding is half a battle.  However, comparing it to other buildings is whole other kettle of fish. 

Find Value Of My Condo

Find out what your condo is worth by email.  Free and no obligation.  Your email address and information is kept confidential and you will only be contacted based upon your requests for additional information or services:)