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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 57, Edmonton

I have listed a new property at 7535 ELMER BEND in Edmonton. See details here

Introducing this STUNNING 1695 Sq. Ft. Half duplex with BONUS ROOM on a beautiful quiet street in Edgemont. Impeccably maintained LIKE NEW - this 3 bdrm 2.5 bath with custom DESIGNER COLORS and decor is sure to please the discerning buyer. 9' ceilings on the main floor and LARGE WINDOWS allow the morning sun to brighten the great room. The large Primary Bedroom with custom WALL FEATURE exudes character and charm and is complemented by the 2 additional bedrooms/ Nursery upstairs plus West facing comfortable Bonus Room for the family to enjoy. The well designed and functional basement with 9' CEILINGS will be easy to develop. New fence and FULLY LANDSCAPED YARD with CUSTOM BUILT DECK and under deck storage are ready for you to enjoy! With a well chosen modern exterior, this home with great CURB APPEAL is featured on a street with already built homes making this a preferred location. Priced at market and ready to move into. PRIDE OF OWNERSHIP is evident throughout!

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New property listed in Zone 16, Edmonton

I have listed a new property at 11421 22 AVE in Edmonton. See details here

Fully finished 3-bedroom, 1.5-bathroom townhome with two side-by-side parking stalls (one assigned and one rented for $240/year). Recent upgrades include a new deck, fresh paint throughout, and completely remodeled bathrooms. The home features a newer hot water tank and furnace, while the complex boasts a new roof and fences. This extremely well-managed complex benefits from one of the owners as have being on the Board. The units have both front and back doors, providing an excellent breeze during the summer months. Enjoy newer plank flooring on the main floor and updated fixtures throughout. The finished basement offers a rec room and storage space. Newer appliances and window coverings are included in the sale. Complex is located steps from transit and around the corner from ravine trails. Quality location.

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New property listed in Zone 57, Edmonton

I have listed a new property at 7855 ERASMUS WYND in Edmonton. See details here

A Rare Find in Edgemont! Discover this FULLY FINISHED 4-bedroom, 3.5-bath home, nestled on a quiet, family-friendly street in the heart of Edgemont. Surrounded by beautifully completed homes, this barely lived in 2-storey exudes comfort and quality. This home shows like new, and boasts a fully finished basement, complete with a spacious rec room, a 3-piece bath, and a generously sized bedroom. Perfect for growing families, all secondary bedrooms offer ample space for queen beds and nightstands, while the primary suite easily accommodates a king bed and all the trimmings. The upstairs bonus room, located at the front of the house, is bathed in natural light and offers a peaceful retreat away from the vaulted family room on the main floor—ideal for kids enjoying a movie night. The upper level is completed by the primary bedroom, two additional bedrooms, and the bonus room. On the main floor, you'll find a convenient den, solid surface flooring, a walk-through pantry, a gas stove, and CENTRAL A/C too!!

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New property listed in Zone 21, Edmonton

I have listed a new property at 10338 150 ST in Edmonton. See details here

EXCELLENT opportunity to own a custom built Half-Duplex that is available for IMMEDIATE POSSESSION. This large 1407 Square Ft 4 Bed, 3.5 Bath home features a brand new SS Fridge, Stove & Hood fan, counter, main floor vanity, fixtures, paint throughout. Addit. upgrades include HI EFFICIENCY FURNACE & HWT (2023) Basement dev (2020). The SPACIOUS MAIN FLOOR, large enough for hosting friends and family, comes with full kitchen & easy access through the patio door to the back deck and SUNNY WEST YARD. The Second floor features 3 bedrooms including a sizeable Master w/ 3 PCE ENSUITE & WALK IN CLOSET. The newly developed basement features a large Bedroom, w/i closet, ensuite + REC ROOM. The FULLY FENCED YARD is perfect for the kids and pets to enjoy. This PRIME LOCATION is only half a block to the school ground, playground and park & a short walk to the future WEST LINE of the LRT. This property is perfect to hold as an investment, or will provide a wonderful home for a young family or the young at heart!

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New property listed in Zone 22, Edmonton

I have listed a new property at 9934 155 ST in Edmonton. See details here

Calling all mechanics!! TWO GARAGES AND EXTRA WIDE DRIVEWAY OUT FRONT AND BACK!! That's right - you get an double attached garage with SEPARATE ENTRANCE TO THE BASEMENT and an oversized single out the back with back gate and extra cement pad for RV PARKING or boat or trailor or extra cars etc. The house itself has three large bedrooms up - primary with ensuite and full bath for the other 2 bdrms. The basement fully finished with bathroom, bedroom, storage and large family room area. Note: basement has 6 LARGE WINDOWS making it very bright and allowing for more flexibility in design. Long term owners have taken great care of this home. New roof in 2015 and hot water tank in 2016. 50x150 lot with wide streets and lots of parking on and off the property.

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New property listed in Zone 20, Edmonton

I have listed a new property at 8007 178 ST in Edmonton. See details here

Welcome to this STUNNING 3 bed, 1.5-bath townhouse in the CHARMING community of STRATFORD SQUARE. With a COMPLETE TOP-TO-BOTTOM REMODEL just 5 years ago, this home exudes MODERN ELEGANCE and thoughtful upgrades throughout. The chic interior boasts new flooring, drywall, paint, sleek kitchen cabinetry, BLACK GRANITE COUNTER and UNDERMOUNT SINK, a modern glass backsplash, and SS appliances. The upper bathroom has been completely remodeled with dual basins and a DELUXE WALK-IN SHOWER. Upstairs, find 3 bedrooms including a large primary suite with a walk-in closet. Additional features incl. NEW CENTRAL A/C and deluxe up/down blinds that add style and functionality. Complete with 2 energized parking stalls, deck, shed, new fence & Napoleon Gas BBQ, this home with both front and back yards allows for morning & evening light and fresh air all day long. Conveniently located near schools, bus, future LRT & shopping at WEM, this home offers the perfect blend of luxury, convenience, and comfort.

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New property listed in Zone 16, Edmonton

I have listed a new property at 10480 28A AVE in Edmonton. See details here

Excellent opportunity to own this unit - close to the rail lines and shopping - backs onto residential. Comes with one assigned stall in front of the unit and another stall is rented. Lots of visitor parking available. Fully finished with 3 bdrms up 1.5 baths and the basement currently serves as a den/games room. Fenced yard which backs northwest on to neigboring homes. Complex completed new roof, windows and deck in 2015. Currently tenant occuppied for last 6 yrs til July 31, 2024 and priced accordingly. Excellent location - a great find.

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New property listed in Zone 20, Edmonton

I have listed a new property at 5308 187 ST in Edmonton. See details here

Welcome to your new PARADISE in one of West Edm. most sought after cul-de-sac locations backing a WOODED GREEN SPACE. Tranquility meets MODERN ELEGANCE in this stunning four-level split former show home with an array of features incl. VAULTED CEILINGS, open concept layout, engineered hardwood floors, timeless white cabinets, large island & heated garage! Unwind in the EXPANSIVE FAMILY ROOM, where a modern STONE FP is flanked by built-in bookshelves. French doors lead to a versatile den/ bdrm, a convenient 3 pce bath & main floor laundry. The LUXURIOUS PRIMARY BEDROOM awaits with his & hers closets & ensuite offering a private sanctuary + 2 more bdrms up. The fully finished bsmt. features HOME GYM w/custom flooring, family room & Summer kitchen. Over $50,000 RECENTLY INVESTED in HIGH-END WINDOWS and DOORS, A/C, light fixtures, kitchen handles, & new deck. Don't miss your opportunity to secure a home in this PRIME CUL-DE-SAC location a short walk from highly acclaimed Elementary & Junior High Schools.

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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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