Pre construction Homes in Edmonton Under $700K

I live in Edmonton. I am a first time home buyer. How do deposits work for new construction homes in Edmonton? Are the payments same for all homes?

In Edmonton, Alberta, there are plenty of options to buy pre construction or new homes from reputable builders such as Truman Homes, Mattamy Homes , Minto Communities & Homes by Avi.Being a first time home buyer is often a challenging phase of anyone's life. Pre construciton homes are considered the best suited for a lot of firest time buyers because of the deposit structure. You do not have to pay lump sum at once and have oppurtunity to pay throughout the years. This is great for buyers saving money for a long time to own their first home. 

I am looking to buy a pre construction homes. Who are the top home builders in Edmoton? 

There are lots of home builders in calgary that have been building since 1940s. Truman homes, Homes by Avi, Mattamy homes are just a few who have a massive presence and on going home development all across calgary. These builders build townhomes, condos & single detached homes throughout the year and help lots of home buyers looking to own a new home for their family.  

What are the most desirable areas in Edmonton for New developments? 

Frequently Asked Questions About New and Pre-Construction Condos in Edmonton

What to Expect in this FAQ Section?

• Why would I invest in a new house in Edmonton?
• What are the best homebuilders in Edmonton?
• What are the favorite new houses for consumers in Edmonton?
• Where in Edmonton can new house construction be found under $800,000?
• What are the advantages of purchasing a new condominium in Edmonton?
• What are the hot spots for purchasing a new house in Edmonton?
• There are pre-construction property investments available in Edmonton.
• Better to Buy a New House in Edmonton or a Used House?

Why would I invest in a new house in Edmonton?

Purchasing a new home in Edmonton is a great long-term value. The city is continuing to grow with growing transit, new schools, and upsurging business districts. New construction houses are energy efficient, customizable, and are typically found in family oriented communities with convenient green spaces and main transportation corridors nearby.

What are the best homebuilders in Edmonton?

There are a small number of reputable and experienced builders in Edmonton that have built most of the city's growing communities. A select few of the biggest names are:

• Rohit Communities
• Jayman BUILT
• Landmark Homes
• Sterling Homes
• Bedrock Homes
• Averton Homes
• Pacesetter Homes

What are the favorite new houses for consumers in Edmonton?

Home selection in Edmonton is based on lifestyle and budget, but the following styles are in highest demand by first-time homebuyers:

• Detached Houses: Best suited for families requiring bigger spaces and solitude.
• Townhomes: Best value between comfort and price.
• Condos: Popular among first-time buyers and professionals due to minimum maintenance requirements and location accessibility.
• Twoplexes/Duplexes: They provide a middle-ground option between single-family detached living and townhome lifestyle at.

Where in Edmonton can new house construction be found under $800,000?

A number of developing neighbourhoods throughout Edmonton have newly available houses that cost under $800,000. They marry accessibility with contemporary style and affordability:

• Chappelle Gardens
• The Uplands
• Laurel
• Aster
• Cy Becker
• Rivers Edge

Explore new homes in Edmonton for more affordable and upcoming projects.

What are the advantages of purchasing a new condominium in Edmonton?

Pre-construction or a newly built ownership in an Edmonton condominium has a lot of benefits:

• Less maintenance than single residences.
• Proximity to modern facilities such as gyms, lounges, and underground parking.
• Low entry price point to the property arena for beginner investors.
• Future in areas with high rental returns near universities and job centres.
• Low-energy approaches that reduce bills for utility.

What are the hot spots for purchasing a new house in Edmonton?

There are several good neighbourhoods in Edmonton for potential homebuyers. The most demanded areas are:

• Winderm
• Kes
• Secord
• Glen
• Crystallina Nera
• Rivers Edge
• Laure

These communities are also famous for their family-friendly configuration, accessibility, and closeness to recreational facilities, schools, and malls.

There are pre-construction property investments available in Edmonton.

Yes. The real estate in Edmonton provides excellent investment opportunity as a result of its affordability, growing population, and constant rentals demand. Pre-construction condominiums provide investors with a chance to accumulate equity prior to taking possession and advantage of reduced maintenance and full warranty.

Better to Buy a New House in Edmonton or a Used House?

Though resale houses can provide for earlier move-in, new houses have a number of distinct benefits:

• Customizable floor plans and finishes.
• State-of-the-art energy-efficient appliances and materials.
• Lower maintenance expense and complete new home warranty.
• Longer-term value as they are designed with modern construction techniques.

Security, comfort, and peace of mind are what are offered by new houses in the city to future planners and first-time homebuyers.

Edmonton Real Estate Snapshot  on August 2025

In August 2025, Edmonton recorded 2,382 home sales with a total dollar volume of more than $1.097 billion. The average home price in Edmonton stood at $461,281, while the median price was $427,900. Detached homes led the market with 1,012 sales at an average price of $569,926, while semi-detached homes averaged $420,802 across 287 sales. Townhomes saw 218 transactions averaging $301,342, and condo apartments offered the most affordable choice at $218,063 across 865 sales.

Explore Pre-Construction in Edmonton

Edmonton's Real Estate Snapshot: June 2025 Market Insights

Edmonton’s real estate market remained stable in June 2025, with 2,877 homes sold out of 4,215 new listings — a solid 68% sales-to-new-listings ratio. Detached homes  led the way with 1,703 sales and a 69% ratio, showing continued strong demand for spacious single-family living. Townhouses  homes posted the highest absorption rate at 77%, appealing to young families and downsizers alike. Condo apartments  also held steady with 455 sales and a 60% ratio, offering affordable urban options. Year-to-date, over 14,000 homes have sold in Edmonton, with consistent ratios across all property types. The market remains balanced, affordable, and diverse — ideal for both buyers and investors looking for long-term value.

Looking for Pre-Construction Homes in Edmonton

Frequently Asked Questions (FAQs) about Edmonton Market [June Update]

1. What is the most active housing type in Edmonton right now?

In June 2025, detached homes in Edmonton were the most active, recording 1,703 sales with a 69% sales-to-new-listings ratio. Families continue to prefer this segment due to the space, privacy, and affordability it offers.

2. Are semi-detached homes in Edmonton a good investment?

Yes, with a strong 73% year-to-date sales-to-new-listings ratio, semi-detached homes in Edmonton offer great value for buyers seeking a balance between space and cost-efficiency in well-located neighborhoods.

3. What makes Edmonton townhomes  attractive to buyers?

Townhomes in Edmonton had the highest sales-to-new-listings ratio of 77% in June, showing strong demand. They're especially popular with downsizers and young families thanks to their affordability and multi-level layouts.

4. Are condo apartments still affordable in Edmonton?

Yes, condo apartments remain the most accessible housing option. With 455 units sold and a 60% ratio, condos in Edmonton appeal to first-time buyers, students, and investors looking for urban convenience at lower price points.

5. Where can I find pre-construction homes in Edmonton?

If you're looking for long-term investments with modern amenities, check out pre-construction homes in Edmonton. From sleek condos to spacious new townhome and detached communities, the 2025 pipeline is full of exciting opportunities.

Edmonton's Real Estate Snapshot: May 2025 Market Insights

As of May 2025, the Edmonton real estate market recorded approximately 2,700 residential sales with an average home price of around $475,000. The market remained steady with increased inventory across all property types. Detached homes averaged $590,000, while semi-detached homes were priced at $435,000. Townhomes averaged $315,000, and apartment condominiums were around $220,000. Most homes sold within 26 to 38 days, reflecting balanced market conditions and solid buyer activity heading into the summer season.

Also check out the pre-construction homes in Edmonton.

Frequently Asked Questions (FAQs) about Edmonton Market [May Update]

1. What was the average home price in Edmonton in May 2025?

The average price for all home types in Edmonton in May 2025 was $470,447.

2. How many homes were sold in Edmonton in May 2025?

A total of 2,710 homes were sold in Edmonton during May 2025.

3. What was the average price of a detached home in Edmonton in May 2025?

The average price of a detached home in Edmonton was $585,707 in May 2025.

4. What was the average price of a condo apartment in Edmonton in May 2025?

The average price of an apartment condominium in Edmonton was $218,330.

5. Where can you find pre-construction homes for sale in Edmonton in 2025?

You can browse the latest pre-construction homes in Edmonton on trusted platforms like  CondoMonk and Homebaba.

Edmonton's Real Estate Snapshot: April 2025 Market Insights

Edmonton's real estate market demonstrated significant activity in April 2025, offering increased options for buyers and sustained price growth. Residential unit sales across the Greater Edmonton Area (GEA) reached 2,710, marking a 9.0% increase from March. The market saw a substantial influx of 4,012 new residential listings, contributing to an overall inventory rise of 12.1% month-over-month and 0.3% year-over-year. This notable increase means current inventory levels are now on par with or even exceed those of the previous year, providing more choice for homebuyers.

Despite the expanded supply, the total residential average price in the GEA ascended to $470,447, reflecting a robust 9.0% increase compared to April 2024. The MLS® Home Price Index (HPI) composite benchmark price stood at $438,100, up 10.8% from April 2024. Here’s a quick overview of key figures for each property type:

For those navigating homes for sale in Edmonton, specific segments showed diverse performance: Edmonton detached homes recorded 1,576 sales at an average price of $585,707. Semi-detached homes had 307 sales, averaging $434,858. For those seeking alternative housing styles, Edmonton townhouses for sale saw 392 sales with an average price of $314,703. Meanwhile, condos for sale in Edmonton recorded 435 sales, averaging $218,330. The market's efficiency was evident, with residential listings averaging 30 days on the market.

This active market, characterized by growing inventory and strong prices, makes it an opportune time to explore real estate in the city. Whether your interest lies in existing properties or you're looking for new developments such as pre construction Edmonton houses and the newest new Edmonton condos, understanding these key trends is essential for making informed decisions.

Frequently Asked Questions (FAQs) about Edmonton Market [April Update]

1. What was the average home price in Edmonton in April 2025?

The average residential home price in Edmonton for April 2025 was $470,447, reflecting a 2.1% increase from March 2025 and a 9.0% rise from April 2024.

2. How many homes were sold in Edmonton in April 2025?

There were a total of 2,710 residential sales in Edmonton, including all property types like detached homes, semi-detached homes, townhomes, and condo apartments.

3. What’s the average price of a detached home in Edmonton?

The average price of a detached home in Edmonton in April 2025 was $585,707.

4. How long do homes take to sell in Edmonton?

On average, residential properties in Edmonton spent 30 days on the market in April 2025—six days fewer than April 2024.

5. Are condo apartments in Edmonton affordable?

Yes, condo apartments in Edmonton sold for an average of $218,330 in April, making them an affordable option for investors and first-time buyers.

6. Where can I find pre-construction homes in Edmonton?

You can explore upcoming projects and new listings of pre-construction homes in Edmonton on Condomonk.

Edmonton's Real Estate Snapshot: March 2025 Market Insights

Looking to buy a home in Edmonton? Whether you're searching for a modern condo for sale, a spacious detached home, or a new pre-construction project in Edmonton, March 2025 stats show a thriving real estate market with opportunities for every type of buyer or investor.

Read full blog post here

Edmonton Market Highlights—March 2025

Average Home Prices in Edmonton

Explore Edmonton Property Listings

Resale Homes in Edmonton

• All Homes for Sale in Edmonton
• Condos for Sale
• Detached Homes for Sale
• Semi-Detached Homes
• Townhomes for Sale

Pre-Construction & New Developments

• New Pre-Construction Homes in Edmonton
• Pre-Construction Condos
• New Detached Homes

High-End Sales in March

• Detached: $2,267,400
• Semi-Detached: $862,400
• Townhouse: $645,000
• Condo: $1,425,000

If you're eyeing a move into the resale or pre-construction homes for sale in Edmonton, now is the time to explore your options.

Full Edmonton Market Report

Edmonton Real Estate Market Report: March 2024 vs. March 2025

Data source:

RYANSELLERS

EDMONTONHOMESONSALE

In March 2025, Calgary’s real estate market experienced notable shifts compared to the same period in 2024. While the total number of sales remained steady at 2,664 units, sales volume rose significantly by 20.65% to reach $1.87 billion, indicating a strong trend toward higher-priced property transactions. New listings stayed consistent at 3,172, but the overall inventory saw a substantial 35.79% increase to 3,870 units, suggesting an easing of previously tight market conditions and a move toward a more balanced supply-demand environment. The months of supply also increased by 35.51% to 1.45 months, offering buyers a wider selection and potentially reducing urgency in decision-making. Despite the shift in inventory, Calgary’s market remained highly competitive. The sales-to-list-price ratio edged up to 100.01%, showing that homes were selling at or slightly above asking prices. Additionally, properties sold faster, with days on market dropping by 9.09% to just 20 days. Price appreciation was evident across all key metrics: the benchmark price climbed 6.34% to $635,500, the median price rose 7.96% to $610,000, and the average price surged 20.21% to $702,000. Altogether, these figures reflect continued strong buyer demand, particularly in the upper-tier segments of Calgary’s housing market.

You might be interested in our Blogs for Edmonton City:

Explore Nature Right Outside Your Door in Edmonton

Thinking about moving to Edmonton? This city blends modern living with natural beauty. From river valley trails and national parks to aerial adventure parks and winter skiing, outdoor fun is everywhere. Many pre-construction homes in Edmonton are built close to these green escapes—perfect for families, fitness lovers, and weekend adventurers.

Edmonton’s Continental Cuisine: A Foodie’s Welcome

Looking to explore international flavors in Edmonton?  The city has an abundance of continental restaurants that borrow their inspiration from European cuisine—French and Italian, Spanish and Mediterranean.  You can opt for fine dining at restaurants like The Marc and Violino Ristorante or have cozy family dining at Hathaway's Diner or Padmanadi, depending on your taste. These restaurants are also within walking distance of emerging pre-construction communities, so you can easily savor world-class cuisine just a short walk from home.

Local markets to Visit Near Pre-Construction Homes in Edmonton

Want to explore Edmonton's local market culture? From fresh local produce to handmade crafts, Edmonton's local markets like Old Strathcona, Bountiful Farmers' Market, and 124 Grand Market offer a vibrant glimpse into the culture of the city. The markets are perfect for weekend outings, family visits, or sourcing local products—and most are  located near successful pre-construction communities, offering future residents easy access to local lifestyle amenities.

Edmonton’s Daycares and Preschools

Edmonton is a family-friendly city with numerous top-ranked daycares and preschools, which makes it an excellent city for young families to settle in. No matter if you are planning to move into a pre-construction home in Edmonton, hunting for detached homes in Edmonton, or considering modern condos in Edmonton and townhomes in Edmonton, you'll find excellent early childhood education nearby. From innovative learning spaces to sequential literacy programs, Edmonton's child care centers help every child grow. The city is still growing, and many upcoming projects are in Edmonton; parents can look forward to even greater numbers of quality daycares and preschools opening up throughout new and old neighborhoods.

All About Edmonton

Explore Edmonton in our full blog.

Edmonton Real Estate & Lifestyle Overview  

Edmonton is a vibrant real estate center that offers a mix of city life and quiet neighborhoods. The market remains strong, with steady demand for both resale homes and pre-construction properties in the area. Families, investors, and first-time buyers are attracted to its affordability, solid infrastructure, and increasing job opportunities.  

Communities like Windermere, Glenridding Heights, and The Uplands are among the most desirable. They feature great schools, parks, and stylish homes. Investors also focus on Edmonton for stable rental income and long-term growth. This is especially true in areas welcoming new real estate projects.  

Why Edmonton Stands Out  

• Variety of home types: Detached homes, townhomes, and  condos meet diverse lifestyles and budgets.  
• Ongoing pre-construction developments include modern amenities and smart-home features. 
•  Green living: There are plenty of parks, nature trails, and eco-friendly communities. 
• Excellent transit and road connections, along with well-planned neighborhoods, are great for young professionals and families. 
• Strong job sectors and rental demand keep investors interested throughout the year.