Edmonton is the capital city of Alberta province of Canada. This city is in the center of the Metropolitan Region and is situated on the North Saskatchewan River which is surrounded by the central region of Alberta.
This city has a lot to offer its residents. This is a lively and beautiful city. Edmonton is on rising right now drawing family men having jobs, young professionals, and affordable housing. At the same time, this Canadian city is in the midst of significant development.
Edmonton is among the top Canadian cities having a free business environment. You can find a number of business opportunities in the city. According to a city ranking, Edmonton is a good place to live with very high housing ratings, healthcare, and safety.
Affordable houses to live in Edmonton
The average cost of living in Edmonton is less than in many other cities including Toronto. Groceries and housing are much cheaper in Edmonton as compared to other Canadian cities. Transportation, entertainment, and groceries are also lower in cost.
The positive things about living in Edmonton are people are lively and real estate taxes are very low. Edmonton has a diverse economy with a variety of employment sectors. You can find many job opportunities in Edmonton. So, if you are planning to settle in Edmonton then this will be one of the best decisions of your life.
There are a number of affordable houses in the city. Families worldwide are attracted to the aesthetic beauty of the city which is only because of the different construction styles in the city. Among those construction styles, the most affordable ones are single-family homes, detached houses, townhouses, and condominiums.
Let me describe these terms for you. Single-family homes are single residential buildings that can be attached or detached. Single-family homes share one or more walls with adjacent buildings. There is such attachment in single-family detached apartments.
Townhomes are located in lanes in different areas of Edmonton. It is a type of terraced housing. A condominium is a housing complex that consists of multiple units. Each unit in the condominium is owned individually.
Townhouse in Range in $100K to $300K and Real Estate Market Condition of Edmonton
A man with an average income can easily buy a townhouse within the above-mentioned range. Townhomes are usually designed for single families in Edmonton. Here are some townhouses that are available for sale in different areas of Edmonton.
A three-bedroom and three-bathroom townhouse are available for sale at 182 HEARTHSTONE NW, Edmonton, Alberta. This wonderful townhouse cost only $ 268,000.
You can buy a two-bedroom and one-bathroom townhome at 9211 172 ST NW, Edmonton, Alberta. You can be the owner of this house at a price of only $ 159,000.
The total number of real estate properties for sale is less than approximately 13 percent as compared to the average of the last three years. The combination of high demand and low supply has kept the month of supply low at about 3.6 months which is a low 25 percent versus the last three years.
