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[sheldon kennedy]
Sheldon Kennedy
Associate / Realtor ®
Sheldon strives to be a man of integrity and is grounded in his faith. He values the relationships he has developed with his clients over the years and looks forward to working with them and their families in the years to come with Fair Realty. For all of your real estate needs in Alberta and BC, #CallTheKennedys!
jennifer kennedy
Jennifer Kennedy
Associate  Broker
Bringing buyers and sellers together in an authentic way has always been the hallmark of Jennifer’s 20 plus years working in the real estate industry in Edmonton and area. “I always look forward for the opportunity to connect the real estate dots for my clients. And no dots are the same. And I like it that way!” For all your real estate needs – don’t forget to #CallTheKennedys!
[jackson kennedy]
Jackson Kennedy
Associate/ Realtor ®
For over a decade, Jackson played and excelled in club and varsity Volleyball, finishing off his career after graduating from the University of Alberta. Jackson knows a thing or two about competition and the importance of working together. He has always valued making long-lasting relationships throughout all areas of his life and looks forward to the same with his real estate clients.
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New property listed in Zone 29, Edmonton

I have listed a new property at 2065 74 ST in Edmonton. See details here

Whoever buys this home will feel like they won the lottery for the most upgraded home with lowest monthly utility bills... These types of homes are few and far between these days. This bi-level with 2 BDRM up and 2 BDRM down has had just about every aspect of the home renovated or replaced. Its unreal... even the double det garage has been gutted: new electrical, drywall, shingles, door/opener, insulation. Brand new shed clad with same siding as the garage/home. RV PARKING PAD within the backyard. All new: exterior cladding on house garage and shed, windows, eavestrough, furnace, hot H20tank, heat pump A/C, R60 attic insulation, backyard sod, chainlink fence, deck with tongue and groove ceiling, LED lighting inside and out, flooring, paint, baseboards, casings, interior & closet doors, and ALL NEW APPLIANCES!! All of this and more in a quiet location and in immaculate condition. You will want to see in person to fully appreciate the care and quality that went into this home. You will not be disappointed!

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Why Are Edmonton Downtown Condos So Cheap?
Why are Edmonton Downtown Condos so Cheap?

In a country where people are being squeezed out of the home ownership market every day in most larger centers of the country…except Edmonton, why is this?

Well, short answer to that question….Calgary has been the favoured child for the last couple years in the province. Buyers (and renters too!) have been and will continue to flock to Alberta in hopes of a better standard of living - not just affordable housing…but certainly that’s a GOOD start.

But now Calgary is hitting its limits with low inventory versus increased number of buyers. Not uncommon for a property to be in multiples - like 10-15 offers and go over list by as much as 30% in some cases. Unreal but absolutely true.

So why is Edmonton not experiencing such activity? Well, the storm IS coming our way…. Alberta is widely known for its boom and bust cycles. We’ve had a few over the years…2005-2008 and 2014-2016 largely reflects the energy markets thus far. Sadly our poor Edmonton condo market has not quite recovered from the boom of 2005-2007.

In Edmonton, we just can’t quite seem to KEEP people here - at least in the past. So our product perhaps cycles a bit more in the system than other markets. Downtown is largely a rental market. It always has been. Historically downtown Edmonton has never been a place where people necessarily want to hang out - for a myriad of reasons muchless spend big dollars on buying a condo. For example we have 50% occupancy in Stantec Tower ( a beautiful tower BTW ) with most of that building being offered for rent as sales have dried up over time. It’s an investment, which at present, most do not want to risk. The risk is not necessarily in losing money - but the length of time it might take to SELL that unit. This alas is the untold story of these units that most Realtors know only too well.

It can literally take years, several price reductions, and several Realtors, to get just about any downtown condo sold. Some, in fact, have NEVER sold on the system since their first offering. I have followed this market now for 22 plus years and when I pull the history of some of these units - nothing surprises me anymore. This problem has just perpetuated over time. Even last year, in 2023, when all other numbers went up - SFH, Attached, Duplex, Row Housing ….but oh no not those poor apartment style condos, their average sale price went down yet again.

This market may be most affected by the boom and bust cycles …easy entry in but alas not necessarily an easy or quick exit to sell. Also - the white elephant the room is the skyrocketing prices of condo fees that have given buyers yet another reason to say no to these units. Not uncommon to see $850 condo fees with a $150,000 unit (Those condo fees largely include heat,water and power).

Don’t get me wrong - I do see VALUE in Edmonton’s downtown - Oliver area is quickly becoming the rising star as young and old seek this area out for its community flare and walkability scores. Perhaps this trend could reach into the city’s core… As a side note, if our downtown streets had as many security and police officers as our downtown pedway system we’d be in a much different position to ‘sell’ the downtown more successfully. That is save for another post….

Will this trend last, given the affordability crisis in this country? Not sure. If we can manage to keep people here (Edmonton), reverse the trend of boom and bust cycles we may have a chance to be the next favoured child in this province and or country! ~ jennifer 

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New property listed in Rural Lamont County, Rural Lamont County

I have listed a new property at 171026 Hwy. 29 in Rural Lamont County. See details here

This INCREDIBLE PROPERTY stands out with its 2-Bedroom Home featuring a FULL BASEMENT and 4 SPACIOUS OUTBUILDINGS. Situated on 7.2 FENCED & wooded ACRES, with direct access from a paved highway, this picturesque 'Hobby Farm' near Lamont has it all. The Red Barn, Quonset, and white fence create a POSTCARD setting. Home upgrades: 6 NEW WINDOWS, NEW INSULATION on main floor and attic/ loft, NEW FURNACE, HWT & plumbing in 2021. A recently added heated attic/ loft (2023) serves as an ideal office, hobby room, or playroom, not included in square footage due to lower ceiling. The property boasts a NEW Drilled WELL (2015), a 40 x 60' QUONSET with rough pavement floor, 13' tall doors & 220v Power, a 26 x 34’ heated & Insulated MAIN GARAGE with 10’ doors, a 21 - 36’ BUNKHOUSE with 220v power, a 28 x 40' Red Barn, and a new Automatic entrance gate. With outstanding paved access to Lamont, Mundare, Andrew, Edmonton & the Northern communities, this property will not last long. Quick possession available!

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New property listed in Zone 22, Edmonton

I have listed a new property at 309 8942 156 ST in Edmonton. See details here

Come and live in the west ends BEST adult 55+ living complex. Locacted adjacent to Meadowlark Mall and the new LRT this four building complex is centred around a forested courtyard with a supersized recreation building for all to enjoy. The unit itself has A/C , freshly painted ( including doors, trims, baseboards, walls and closets) and new flooring in the master bedroom. This is one of the larger 2 bdrm plans and offers a generous sized kitchen with pantry. All soild surafce flooring throughout unit. Unit has a lovely treed view eastward toward 156st but not facing the new LRT line at all. Titled underground parking (#345) with storage cage and storage unit (#146). Freshly cleaned throughout and ready for immediate possession.

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New property listed in Zone 30, Edmonton

I have listed a new property at 2 3003 34 AVE in Edmonton. See details here

BEAUTIFUL TOWNHOUSE situated in the desirable 18+ complex 'Trails Of Mill Creek' in the community of Wild Rose! This SPACIOUS home features a fantastic OPEN LAYOUT with a LARGE KITCHEN complete with rich wooden cabinetry, island, & granite counters. The GREAT ROOM provides living and dining space next to a 3 sided fireplace and is perfect for entertaining! The dining area located just off the kitchen opens up to a DECK complete with gas line for BBQ, PRIVACY SCREEN, and access to your own GREEN SPACE. This SIZEABLE property comes with 3 beds upstairs including a SPACIOUS PRIMARY BEDROOM W/ ENSUITE BATH plus another FULL BATH and laundry. Enjoy the convenience of a DOUBLE ATTACHED GARAGE for extra parking/storage space! The FULLY FINISHED basement includes a large REC REOOM and a rough in for a future bathroom! This location only steps from the Mill Creek Trail System offers QUICK & EASY ACCESS to schools, shopping, the ravine, and public transportation.

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New property listed in Zone 08, Edmonton

I have listed a new property at 12043 102 ST in Edmonton. See details here

Realize significant CASH FLOW by owning this Half Duplex with LEGAL BASEMENT SUITE! Situated on a picturesque tree-lined street in historic Westwood, with 3 BEDS/1 BATH on the main and 2 BEDS/1 BATH on the lower floor, this property is primed to generate substantial income for savvy investors. Knowing the benefits of a central location close to NAIT, the owners invested over $70,000 to create a well designed, MODERN legal basement suite that feels BRIGHT and SPACIOUS. The end result was a gorgeous lower floor that has been easily rented and used as a thriving Airbnb as well. The long list of improvements incl. NEW FURNACE, Hot Water Tank, KITCHEN, BSMT BDRM "Emergency Egress" WINDOWS ($1200 ea), LAUNDRY, vented hood fan, NEW ELECTRICAL PANEL & SIDEWALKS, garage workbench + pwr. Incl. connected smoke & CM detectors & passed City Fire Inspection. You can live on one floor and rent out the other or rent them both and receive 2 rental incomes. Invest for the future by owning 2 legal dwellings under one roof!

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New property listed in Zone 22, Edmonton

I have listed a new property at 15631 83 AVE in Edmonton. See details here

Nestled on a quiet street in Lynnwood, this immaculately maintained and cared-for home is a true treasure. The home has seen numerous upgrades by the current owner, incl. in 2009/2010 new KITCHEN CABINTRY, counter, fixtures and a CERAM COOKTOP STOVE, bathroom vanity & fixtures, REFINISHED OAK HARDWOOD, living & dining room WINDOWS, HIGH EFFICIENCY FURNACE, dryer, sump pump, closet organizer & light fixtures. Even more upgrades include FRIDGE (2021), WASHER (2020), NEW ROOF (2018) and the NEW GARAGE ROOF (August 2023) + large CASEMENT BEDROOM WINDOWS & modern FLAT PAINTED CEILINGS (no stipple) and all wrapped in MODERN VINYL SIDING. Your South backing private oasis features GARDEN FOUNTAINS, planter boxes, brick and stone work, APPLE TREES, saskatoons, raspberries, currants, and more. Close to the Meadowlark Shopping Complex, medical facilities, Walmart, Safeway, Tim Hortons, banks, restaurants, schools, and transit, Lynnwood has so much to offer!

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New property listed in Zone 15, Edmonton

I have listed a new property at 403 10630 78 AVE in Edmonton. See details here

TOP FLOOR end unit with tree tops views and freshly painted TOP to BOTTOM including walls, trims, baseboards, closets, and doors. PLUS brand NEW CARPET in the bedrooms - not even walked on yet!! These ORIGINAL OWNERS have immaculetly cleaned this unit and are offering quick possession! NINE FOOT ceilings, A/C , two bdrms, two baths and all appliances and window coverings included with titled HEATED UNDERGROUND PARKING. There is also an extra large walk in closet in the ensuite and INSUITE laundry. Please note that the building hallways and carpets are also getting an upgrade right now. Well managed building set in amongst the mature canopy trees of Queen Alexandra. Fabulous location, great value for a like new top floor 940 sq. ft. unit - street out front looks like a Disney setting, so picteresque...

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New property listed in Zone 05, Edmonton

I have listed a new property at 11944 76 ST in Edmonton. See details here

Raised bungalow in private location with 2 bdrms up/ two bdrm down and two full baths. Lower level formorally had a second kitchen which was useful with the seperate entrance and luandry area. Zoned RF3 build upto 4 units for this lot location. High ceilings, newer electrical panel and plank flooring in basement, windows and exterior siding. Hold and rent for immediate positive cash flow for future redevelopment. Excellent site for redevelopment, very quiet and yet close to all amenities and transportation.

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New property listed in Spruce Grove, Spruce Grove

I have listed a new property at 18 GROAT PL in Spruce Grove. See details here

LARGE corner lot with 24x24 GARAGE with back land access , HUGE yard with shed, deck and private stone patio area . Located in a quiet spot in Grove Meadows - this home has so much yard and garage space for those looking to stretchout with more room for storage and recreation. Thi bi-level has two bedrooms up and one large one down and two full baths per floor as well. All solid surface flooring throughout with many upgrades throughout the years. Lower level has a generous sized family room with wood stove to heat in those frosty winter nights. Another unique feature about this home is that it has no sidewalks to shovel. It is a corner lot on a quiet cul de sac framed by lovely mature trees. This is a great opportunity to own this much land for a single family home under $400,000.

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