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Neighborhood Profile: Kernohan

Neighborhood Profile: Kernohan

Kernohan is located south of 137th Avenue and east of Victoria Trail. Much of the residential land in Kernohan was developed during the 1970s, when Edmonton was experiencing an oil-driven economic boom. Multi-unit housing is an integral part of the neighbourhood and residences located along Victoria Trail. Approximately one-third of the dwelling units in the […]

The Stories behind the Stats: June 2022

The Stories behind the Stats: June 2022

  WHAT DID BUYERS GET IN A SINGLE FAMILY HOME FOR $450,000 IN MAY 2022? The Greater Edmonton real estate market is large and diverse. You might be surprised to see what your money gets you in various areas… Download this month’s Schmidt Report for an in-depth look at what’s happening in the Edmonton real […]

Don’t join a real estate brokerage before you ask these questions!

Don’t join a real estate brokerage before you ask these questions!

By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Finding the best brokerage for you is critical! So you’re thinking about making the leap! Doing the thing you’ve longed to do and become self-employed in a field that’s always interested you. That’s wonderful! I remember making that same decision more than two decades ago and I’ve […]

Design trends for 2022

Design trends for 2022

    By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Spring’s the time when many of us take on a project or two around the house, or in the garden.  Whether you’re painting your whole house, or just wanting to add a few fresh touches to your living room, it’s fun to know what’s trending […]

Neighborhood Profile: Fulton Place

Neighborhood Profile: Fulton Place

This beautiful community is bordered by 106 Avenue to the north, 101 Avenue to the south, 50 Street to the east, and Fulton Ravine to the west. Single-detached homes account for almost 80 percent of the total dwelling units within the neighbourhood, while low-rise apartments and semi-detached homes make up the remaining 20 percent. Fulton […]

The Stories behind the Stats: May 2022

The Stories behind the Stats: May 2022

  Is the market shifting? Looking at the latest numbers from the REALTORS® Association of Edmonton it appears there may be a little bit of a change in the wind. the number of new listings and the number of new sales were staying in lock step with each other…until April… Download this month’s Schmidt Report for […]

Neighborhood Profile: Pembina

Neighborhood Profile: Pembina

“Friendly Pembina is a roughly U-shaped neighborhood in the Castle Downs area in NW Edmonton. The neighborhood offers a mix of residential and commercial/retail properties. Conveniently located adjacent to the large Skyview Centre, a large outdoor shopping mall that offers coffee shops, a variety of restaurants, home décor, hair salons and other retail shops. Pembina […]

The Stories behind the Stats: April 2022

The Stories behind the Stats: April 2022

  The Edmonton area market continues to move at a record-breaking pace. single family homes in Edmonton in the $350,000 to $500,000 range sold 30% faster in March 2022 than they did in March 2021. Not only that, but median prices are up a solid 3-4% over March of last year… Download this month’s Schmidt […]

Multiple Offers – What happens behind the scenes?

Multiple Offers – What happens behind the scenes?

By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. Multiple offers are common in 2022.  What happens behind the scenes? “Good news! You’ve got multiple offers on your house!”  This is what every seller hopes to hear!  It’s always nice to know that more than one buyer wants to move in. The truth is this means […]

Buying in this market? You might need MOR money!

Buying in this market? You might need MOR money!

By Kathy Schmidt, Broker/Owner, Schmidt Realty Group Inc. No, that’s not a typo.  MOR stands for Multiple Offer Reserve.  What’s that?  It’s the amount you might need to offer over list price in a multiple offer to be the one to get the house.  For example, let’s say you’ve got your eye on a 3-bedroom […]