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Edmonton marketedmontonjournal
•67% Informative
$ 500,000 for a new-built home in Edmonton appears to be the new benchmark for those interested in an entry-level home.
That figure was chosen as the benchmark as rising costs have made it increasingly difficult for homebuyers to acquire a new single-detached house at $ 400,000 .
As housing costs continue to rise, builders are looking at ways to keep the costs down.
Edmonton is limiting supply in the fastest-growing area of the city, says BILD Edmonton Metro .
The city has said it wants to restrict urban sprawl and is looking to substantial completion.
Edmonton is the only city of over a million people where you can buy a new build of reasonable size for $ 500,000 .
VR Score
69
Informative language
68
Neutral language
30
Article tone
formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5