Sale shows people want to stay in the heart of the city
By Cory Schachtel | October 31, 2023
Quesnell Heights, Edmonton
Days on the Market
Adam Dirksen, Rimrock Real Estate
What They Got:
Nestled in Quesnell Heights across the North Saskatchewan from Fort Edmonton Park, this 2,800 square-foot, two-storey home has abundant green space — and is steps away from even more. The 13,000 square-foot lot provides plenty of privacy, and the three-bedroom, three-bathroom house has been updated inside and out, including new flooring, cabinets and countertops.
The Seller’s Take:
Realtor Adam Dirksen says the buyers loved the location and knew it well, given they were already living within the community and wanted their family to remain in the community. “But the family is growing, so they needed a larger home and bigger yard for the kids to play in,” he says.
The Agent’s Take:
Dirksen says he seeing a general trend for buyers looking to live in or around the heart of the city in mature neighbourhoods, “whether this is to take advantage of building a new infill, renovating or simply buying an old home in a prime location and holding,” adding that with so much urban sprawl in Edmonton over the decades, “it’s nice to see some densification.” The market over $1 million at the moment is challenging, Dirksen explains, but inventory is lacking, keeping the market propped up a bit. “If I had to take an educated guess, once interest rates decline our market will dramatically pick up.”
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