In the last 6 months, 14 single detached homes have sold via the MLS® system in Lago Lindo community in North East Edmonton in ward 3. The selling price ranged from $259,900 to $421,000. The average selling price was $342,493, $286 per sq.foot, while the average list price was $350,384. It took 48 days for these Lago Lindo homes to sell. The average size of these sold homes was 1,219 sq.ft. and built 1984. 7 of the sold homes were Four Level Splits, 5 Bungalows, and 2 Two Storey.

Lago Lindo neighbourhood is situated north of 167 avenue and east of 97 street with quick access to Anthony Henday and Canadian Forces Base.

All the information in this article has been provided by Realtors® Association of Edmonton.

It has been a busy April and I am so happy to make #4 position among so many fine Remax Realtors in our office.  Thanks again to my clients and friends for all the business and referrals.  It's been my dream job and I love every moment of it.

Looking at the April's and the last few months numbers, one can only wonder if the current conditions and stats are indication of a stagnant Edmonton housing market to come. The increase in the residential inventory, average "days on market" and lower number of sales (except in April) compared to the past few years, definitely point towards it.  If we look at the current condition of our economy, rising interest rates and tougher mortgage rules, combined with record high personal debt, I think it may be a while before we will see any sight of expansion and increases in pricing. On a positive note, we all have to live somewhere and there are always buyers looking to buy that first dream home, move or down size!

Note: this is an opinion of just one

Andrew Benkovich Google Review ⭐⭐ ⭐⭐⭐ May 2018:

We found dealing with Derek to be a pleasure and he was very helpful in our search. He reacted very quickly to any of our questions or requests and we valued his opinions and concerns on properties we viewed.

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Congratulations to my awesome seller on the sale of her Penthouse in The Meridian Plaza at 10142 111 Street, Oliver Edmonton.

To book a FREE CONDO EVALUATION, call/text Derek Hulewicz, Realtor at RE/MAX at 780-220-4224 or click the email form below: