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Lansdowne

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Lansdowne:

  • Total number of Single Family homes sold in Lansdowne:  7
  • Average home selling price in Lansdowne:  $488,828
  • Average selling price per square foot in Lansdowne:  $299.20
  • Average days on the Market in Lansdowne:  51 days

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Grandview Heights

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Grandview Heights:

  • Total number of Single Family homes sold in Grandview Heights:  12
  • Average home selling price in Grandview Heights:  $889,381
  • Average selling price per square foot in Grandview Heights:  $379.55
  • Average days on the Market in Grandview Heights:  54 days

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Edmonton - All Albertans who buy a new home will have warranty coverage for their purchase under new legislation proposed by the Alberta government.


Bill 5, the New Home Buyer Protection Act, introduced in the legislature today, requires builders to provide home warranty coverage for all new homes built in the province starting in fall 2013.

 

“While most homes in Alberta are built to stand the test of time, if things do go wrong, homeowners will have stronger protection to get their homes repaired,” said Minister of Municipal Affairs, Doug Griffiths. "Albertans should be reassured that the single largest purchase their family makes will be protected by one of the strongest warranty programs in the country."

 

Under the proposed legislation, all new homes (detached homes and condominiums) would at minimum, include a warranty for:

  • one year labour and materials;
  • two years for defects in labour and materials related to delivery and distribution systems;
  • five years building envelope protection, with a requirement for the warranty provider to offer the consumer the option to purchase additional years of coverage; and,
  • 10 years coverage for major structural components.
It is expected that the new home warranty would cost about $1,700 to $2,000 for an average home, or less than one per cent of the cost of the average house.

 

Owner-builders will be exempt from the requirement to carry a new home warranty unless the property is sold within the warranty period. If the home is sold within the warranty period, the owner-builder must provide the buyer with warranty coverage for the remaining portion of the warranty period.

 

Insurance companies and their agents (including home warranty providers), are governed by the Insurance Act. A new dispute resolution process came into effect on July 1, 2012, under the Act that provides consumers with greater clarity and information about the process and their rights when submitting a claim for a home warranty insurance contract.

The program balances affordable consumer protection and builder accountability.

 

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Garneau
By Bill Bhamra, Realtor on Oct 21, 2012 in Edmonton Real Estate Market Update

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Garneau:

  • Total number of Single Family homes sold in Garneau:  20
  • Average home selling price in Garneau:  $494,800
  • Average selling price per square foot in Garneau:  $365.35
  • Average days on the Market in Garneau:  47 days

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Empire Park
By Bill Bhamra, Realtor on Oct 20, 2012 in Edmonton Real Estate Market Update

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Empire Park:

  • Total number of Single Family homes sold in Empire Park:  5
  • Average home selling price in Empire Park:  $306,000
  • Average selling price per square foot in Empire Park:  $289.54
  • Average days on the Market in Empire Park:  21 days

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Belgravia

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Belgravia:

  • Total number of Single Family homes sold in Belgravia:  22
  • Average home selling price in Belgravia:  $685,293
  • Average selling price per square foot in Belgravia:  $400.49
  • Average days on the Market in Belgravia:  63 days

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Reporting Period:  January 1, 2012 – September 30, 2011

 

Summary of single family homes sold in community of Allendale:

  • Total number of Single Family homes sold in Allendale:  46
  • Average home selling price in Allendale:  $368,608
  • Average selling price per square foot in Allendale:  $337.94
  • Average days on the Market in Allendale:  30 days

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Windermere

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Windermere:

  • Total number of Single Family homes sold:  74
  • Average home selling price:  $543,631
  • Average selling price per square foot:  $255.19
  • Average days on the Market:  58 days

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Callaghan

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Callaghan:

  • Total number of Single Family homes sold:  70
  • Average home selling price:  $542,167
  • Average selling price per square foot:  $258.17
  • Average days on the Market:  63 days

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Brander Gardens

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Brander Gardens:

  • Total number of Single Family homes sold:  6
  • Average home selling price:  $523,850
  • Average selling price per square foot:  $246.16
  • Average days on the Market:  59 days

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Carter Crest

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Carter Crest:

  • Total number of Single Family homes sold:  13
  • Average home selling price:  $567,800
  • Average selling price per square foot:  $246.02
  • Average days on the Market:  60 days

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Brookside

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Brookside:

  • Total number of Single Family homes sold:  22
  • Average home selling price:  $560,518
  • Average selling price per square foot:  $271.53
  • Average days on the Market:  42 days

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Ogilvie Ridge

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Ogilvie Ridge:

  • Total number of Single Family homes sold:  10
  • Average home selling price:  $625,563
  • Average selling price per square foot:  $249.84
  • Average days on the Market:  47 days

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Mactaggart

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of MacTaggart:

  • Total number of Single Family homes sold:  31
  • Average home selling price:  $672,035
  • Average selling price per square foot:  $288.70
  • Average days on the Market:  67 days

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Terwillegar South

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Terwillegar South:

  • Total number of Single Family homes sold:  80
  • Average home selling price:  $428,567
  • Average selling price per square foot:  $257.32
  • Average days on the Market:  43 days

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Rutherford

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Rutherford:

  • Total number of Single Family homes sold:  139
  • Average home selling price:  $413,528
  • Average selling price per square foot:  $242.08
  • Average days on the Market:  39 days

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Cameron Heights

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Cameron Heights:

  • Total number of Single Family homes sold:  29
  • Average home selling price:  $639,887
  • Average selling price per square foot:  $275.23
  • Average days on the Market:  56 days

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Twin Brooks

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Twin Brooks:

  • Total number of Single Family homes sold:  65
  • Average home selling price:  $544,542
  • Average selling price per square foot:  $284.33
  • Average days on the Market:  44 days

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Henderson Estates

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Henderson Estates:

  • Total number of Single Family homes sold:  10
  • Average home selling price:  $546,988
  • Average selling price per square foot:  $237.84
  • Average days on the Market:  49 days

Henderson Estates Sold Home - Henderson Estates Homes For Sale

 

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Bearspaw

 

Reporting Period:  January 1, 2012 – September 30, 2012

 

Summary of single family homes sold in community of Bearspaw:

  • Total number of Single Family homes sold:  17
  • Average home selling price:  $415,588
  • Average selling price per square foot:  $265.53
  • Average days on the Market:  52 days

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