Millbourne Edmonton Real Estate: A Comprehensive Guide to Market Trends

Aerial view of Millbourne, Edmonton real estate with rows of houses, green parks, and winding streets
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Jane Gallows

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I find that Millbourne in Edmonton, Alberta, is a notable area for real estate, reflecting a mix of residential convenience and affordability. As a part of the larger Mill Woods community, it encompasses several neighbourhoods, each with its own charm. In my observation of the current market, homes for sale in this district often feature a variety of single-family houses, townhouses, and condos, catering to both first-time homebuyers and seasoned investors. The properties I’ve seen recently range in price and size, indicating an accessible market for diverse budgets.

I’ve noticed that real estate in Millbourne is attractive due to its established infrastructure and community amenities. Many listings I come across are strategically located close to schools, shopping centres, and parks, which adds to the area’s appeal for families and professionals alike. Given its position within Edmonton, residents benefit from a balance of tranquil neighbourhood settings and proximity to urban conveniences.

Moreover, the real estate data from Millbourne suggests a housing market that’s fitted with opportunities for various lifestyles. From spacious family homes to modern condos, the selection in this community is designed to meet different needs. With competitive pricing seen in recent listings, including condos with multiple bedrooms and bathrooms, Millbourne seems poised to maintain its reputation as a practical choice for homebuyers in Edmonton’s diverse real estate landscape.

Market Overview

A bustling market in Millbourne, Edmonton, with colorful real estate signs and busy shoppers browsing through various properties

In my analysis of the Millbourne, Edmonton real estate landscape, I focus on the current listings available and the observed market trends, including projections for the near future.

Current Listings

The properties listed on the Multiple Listing Service (MLS®), which is a comprehensive real estate database managed by professionals and regulated by the Canadian Real Estate Association (CREA), showcase a variety of homes in the Millbourne area. Specifically, Zillow Group provides insights into Millbourne with properties such as:

  • Townhouse for Sale: MLS® ID #E4380781, listed at C$199,900, offering 3 bedrooms and 2 bathrooms with a total area of 1,402 sqft.

It’s crucial to work with a REALTOR® to get the most accurate and up-to-date listings in Canada, as they have the expertise to navigate the MLS® system efficiently.

Trends and Predictions

As per the latest data:

  • The Edmonton housing market, inclusive of areas like Millbourne, has experienced a notable increase in average home prices, with March 2024 figures reaching an all-time high.

  • Detached homes showed a substantial growth:

    Market IndicatorYearly ChangeMonthly ChangeLatest Average PriceDetached Homes+6.5%+1.7%C$517,131

The Edmonton market is balanced as of now, but it is anticipated to lean towards sellers’ conditions in 2024 based on current trends. This could imply that properties in Millbourne may follow a similar trajectory.

Buying in Millbourne

A couple walks through a charming neighborhood in Millbourne, Edmonton, admiring the quaint houses and lush greenery. They stop to chat with a real estate agent, pointing to a "For Sale" sign in front of a cozy bungalow

When considering a purchase in Millbourne, Edmonton, I pay close attention to the current market trends and available property types. My goal is to ensure a smooth shopping process and to find a home that perfectly fits my needs.

The Shopping Process

Searching for real estate in Millbourne begins with assessing the listings available on the Multiple Listing Service (MLS). Personally, I always ensure that the digital accessibility of listings caters to individuals with disabilities. A user-friendly web experience that allows for easy navigation and clear display of homes is crucial. Should there be any difficulty, I don’t hesitate to provide feedback or make accommodation requests to realtors to improve the search process.

Property Types

Millbourne offers a variety of property types. As I browse, I’ve noticed many listings for condos, which are prevalent in this area. Property features often include modern kitchens fully equipped with recent appliances and functional layouts. Among the available homes, I’ve seen a number of units with features like forced air-1 heating systems and durable vinyl flooring, adding to the comfort and aesthetics of the space.

When considering the external features, other parking features often come up in conversations as a deciding factor. It’s important for me to review these details thoroughly, especially if I prefer a condo with specific parking accommodations. Additionally, taking note of the subdivision where a property is located allows for a better understanding of the community and surrounding amenities.

Selling Your Property

A charming house with a "For Sale" sign in the front yard, surrounded by a well-kept garden and a welcoming front porch

When I decide to sell my home in Millbourne Edmonton, the preparation and understanding of property value are crucial steps that often dictate the selling process and outcome.

Preparing for Sale

The first step in preparing my home for sale is ensuring the property is presentable and attractive to potential buyers. This involves addressing any necessary repairs, decluttering each room, and possibly staging the home to showcase its best features. I create a comprehensive property description that highlights unique features and improvements that may entice buyers. It’s important for me to remember that a well-maintained property with a detailed and enticing description can make a significant difference in the real estate market.

  • Repairs: Fix any leaks, cracks, or electrical issues.
  • Decluttering: Keep counters and surfaces clean and free of personal items.

Understanding Property Value

My property’s value is determined by various factors, including location, size, condition, and market trends. Being informed about the current Millbourne Edmonton real estate market helps me set a competitive yet reasonable price. I collaborate with a REALTOR, a member of the Canadian Real Estate Association (CREA), who has access to the Multiple Listing Service® (MLS®) system. This service is critical as it provides comprehensive data about recent sales and listings in the area. The MLS® trademarks and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

  • Market Trends: Analyse recent sales data for insights.
  • Property Tax: Review current property tax information, which can impact valuation.

My goal throughout is to be strategic in my approach, leveraging professional services when needed and ensuring my property stands out in the market.

Legal and Ethical Considerations

A real estate agent reviews legal and ethical documents in an office in Millbourne, Edmonton

In my exploration of Millbourne’s real estate in Edmonton, I focus on the crucial legal frameworks and ethical mandates that govern property listings and transactions. My attention to detail ensures that the information conveyed adheres strictly to regulatory and ethical standards.

Trademark Information

I acknowledge that “MLS®,” “Multiple Listing Service®,” and the associated logos are all trademarks owned by the Canadian Real Estate Association (CREA). These trademarks signify the quality and reliability that the service provides to its clients. Properties in Millbourne, like the listing at 1093 Millbourne RD E NW, Edmonton, are often advertised on the MLS® system, which is used under license by various real estate entities to disseminate information about properties for sale, including those in the Michaels Park area.

  • Owned By: Canadian Real Estate Association (CREA)
  • Used Under License: Yes, by authorized real estate professionals
  • Purpose: To facilitate the advertising and discovery of real estate listings

Accessibility Commitment

Best Edmonton Realtor committed to ensuring accessibility for all clients interested in Millbourne real estate. CREA’s ownership and regulation of the MLS® trademark extend to a commitment to providing an equal housing opportunity for all individuals. Whenever there’s an issue or a need to seek an accommodation, I am prepared to assist clients to navigate these processes effectively.

  • Report an Issue: Steps are in place to ensure any concerns are addressed promptly.
  • Seek an Accommodation: Accommodations are made to ensure accessibility for all potential buyers or sellers.
  • Equal Housing Opportunity: Everyone is entitled to the opportunity to seek and purchase real estate within an environment free from discrimination.


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