Buying a Home in Edmonton
Whether you're new to the city or a first-time buyer, here’s everything you need to know.
Why Buy in Edmonton
Cost of living compared to other Canadian cities
Affordable housing
Growing job market
Diverse neighbourhoods
Access to nature, festivals, and family-friendly activities
Featured Neighborhoods
Summerside
Price Range: $400K–$700K
Home Styles: Detached, townhomes, some condos
Vibe: Family-oriented, newer homes, private lake access
Amenities: Beach Club, walking trails, close to Ellerslie shops
Transit & Commute: Car-friendly, limited transit, ~25 min to downtown
Pros: Great for families, recreation, and newer homes
Cons: Car-dependent, not walkable
Fun Fact: One of the only communities in Edmonton with a private lake!
Ritchie
Price Range: $350K–$850K
Home Styles: Mix of older character homes and new infills
Vibe: Hip, walkable, community-driven
Amenities: Ritchie Market, Mill Creek Ravine, schools
Transit & Commute: Good transit and bike paths, 10–15 min to downtown
Pros: Trendy, access to nature, great local food scene
Cons: Parking can be tricky, older homes need updates
Fun Fact: Ritchie Market is a local hub with a brewery, butcher, and café.
Griesbach
Price Range: $400K–$800K
Home Styles: New traditional-style homes, townhouses, condos
Vibe: Modern with historic military roots
Amenities: Lakes, walking trails, retail hub, new school
Transit & Commute: 20–25 min downtown, car + bus
Pros: Clean, well-planned, ideal for families and professionals
Cons: Still under development in parts
Fun Fact: Built on former Canadian Forces Base land, with streets named after military heroes.
Step-by-Step Home Buying Process
FAQ’s
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Down payments need to be at least 5% (on a $350,000 5% is $17,500)
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Greater Edmonton home prices for all types are averaging $452k.
Detached homes: $560K
Semi-Detatched homes: $429K
Townhomes: $297K
Condos: $203K *October 2025 From REALTORS Association of Edmonton* Greater Edmonton Area includes Edmonton, Strathcona County, Sherwood Park, Parkland County, St. Albert, Spruce Grove, Leduc, Fort Saskatchewan, Beaumont, Sturgeon County, Stony Plain, Leduc County, Morinville, Devon, Gibbons, Calmar, Redwater, Bon Accord, Bruderheim, Legal, Thorsby,
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This is a very complicated question
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Item description
Break down the buyer journey. Consider this structure:
Get Pre-Approved
Work With a REALTOR® (this is where you shine)
Determine Must-Haves & Nice-to-Haves
Explore Neighbourhoods
View Properties
Make an Offer
Home Inspection & Conditions
Closing the Deal
Moving In
Each step could have a short paragraph + icons or checkmarks for visual interest.
First-Time Buyer Incentives & Financing Tips
Overview of government programs
First-Time Home Buyers' Tax Credit
CMHC-insured mortgage info
Local lender tips or contacts