Duplex for Sale Edmonton
Where do you start when looking for just the right duplex for sale? Edmonton has many of these small homes to choose from, and they are slightly more budget-friendly than a single family home. There can be some challenges as well, but if you don’t mind sharing a building with another family, you can save money each month with smaller utility bills and avoid paying a rent check.
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The Duplex of Your Dreams
If you are looking for economic alternatives to the standard single-family house, or are moving into one of Edmonton’s heavily populated regions, you should definitely consider checking out a duplex for sale. Edmonton is an ideal city for these compact, affordable units, and they come in all sorts of sizes and styles.
Many duplexes are rented out, but you can also find them for sale just like a traditional house. In this case, they are listed on realtors’ websites the same way. Duplexes are very similar to other multi-family houses, such as townhouses and condos.
In most areas, the term “duplex” can refer to any of a number of different multiple-family home configurations. In Edmonton, as in many large Canadian cities, the term officially refers to a building with an upstairs and a downstairs unit. It is good to be aware of this official term, even though you will probably hear people (including realtors) call side-by-side versions “duplexes” as well.
The average price of a duplex for sale, Edmonton realtors estimate, is between $360,000 and $368,000. Of course, some cost much less than that--$140,000 is at the low end of the scale. The largest ones, on the other hand, can run as high as $750,000 and beyond. This is roughly equivalent to the current prices of single-family homes, but with a duplex you will save money on heating, cooling, and other utilities each month. Also, given the limited real estate in many popular areas of Edmonton, a duplex is often the only financially viable option.
Whether or not you choose to go by the city of Edmonton’s official definition, if you are moving into a densely populated area it is a good idea to focus on finding a duplex for sale. Edmonton is home to many beautiful, stately duplexes that can make even a sizable family feel very comfortable. And if your job doesn’t leave you a lot of time for maintenance around the house, a duplex is a great choice.
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