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Extra costs come as surprise to some first-time homebuyers

Many first-time homebuyers in Edmonton are pushing their budgets to the limit and are often caught off guard by extra costs beyond the purchase price, including legal fees, inspections and early repair expenses.

Local realtor Dave Ozubko says preparation is essential. “One of the first things we do is get them pre-approved so they understand what they can afford.”

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Top 5 buyer turn-offs can be real estate deal-breakers

A survey from Re/Max Canada finds messy neighbours and poor curb appeal among the top deal-breakers for buyers, along with rooms that look smaller than in photos and heavy competition. Many of these issues can be addressed with staging or minor fixes.

In Edmonton, realtor Dave Ozubko says buyers are focused on price and presentation, and homes that don’t show well or have underlying problems often fail to attract offers.

Edmonton home prices continue to climb despite falling sales

Edmonton Real Estate expert Dave Ozubko with Real Broker in Edmonton has an explanation for the easing conditions.

“We’re seeing less first-time home buyers,” he says about the largest market demographic that drives growth."

Exhibition Lands and Plan for First Phase

What are the plans for former Northlands in Edmonton?

A nearly 20-acre (eight-hectare) patch of land going up for sale in Edmonton this month may not seem like a big deal, but it marks the beginning of one of the largest infill developments in the city’s history, says the commercial realty firm managing its sale.

“It looks like it will have a really nice blend of single-family, multi-family and everything else with a good location close to downtown, the LRT and the river valley,” Dave Ozubko.

Questions About Economy Rein in Home Buying and Selling

Economic uncertainty could be putting a damper on the spring real estate market as many Canadians, Edmontonians included, feel less wealthy and secure. 

“But Edmonton is the hottest real estate market in Canada right now, and what’s going on with our friends and neighbours down south doesn’t seem to be having much impact.” Dave Ozubko.