The Benefits of Choosing an Apartment Community vs. a Single-Family Home in Edmonton, AB

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Located in the province of Alberta, Edmonton boasts beautiful outdoors with its vast and lush scenery. Edmonton is the northernmost city in North America and has a population of over one million people. It’s also the headquarters for large corporations like Alberta Health Services, the Alberta Motor Association, and Alcanna. Due to its size, gorgeous landscapes, and plentiful employment opportunities, Edmonton attracts culturally diverse people from all corners of the world.

If you’re considering relocating to Edmonton, we encourage you to look into the apartment communities offered here. While you may be debating between renting or buying a home, there are some great multi-family housing options that provide affordable alternatives to satisfy your needs and exceed your expectations.

Here are a few perks of living in an apartment community in Edmonton, AB.

 

1. Cost savings

Moving can be very costly, and things add up quickly, especially those expenses you don’t plan for. By renting an apartment, you can save money and build a cushion in your savings by spending less upfront. The median price of a two-bedroom apartment in Edmonton is $1,195, whereas the average cost of a single-family home in Edmonton is $466,091. 

Although our city officials released a comprehensive plan outlining their intentions to make the housing market more affordable, achieving this goal is still a work in progress. The existing situation makes buying a home an incredibly costly expense and prevents many would-be buyers from making the financial commitment. Luckily, several local apartment communities offer an affordable, quality alternative for residents who aren’t in a position to buy property.

 

2. Spend more time exploring the area 

If you own a home, much of your free time goes towards house projects because, as an owner, you’re responsible for maintaining your space. However, if you live in an apartment, there is virtually no upkeep resting on your shoulders. This eliminates yard work, exterior care, renovations, and repairs from your to-do list. 

If an appliance breaks or there’s a leak in your apartment, these repairs are all handled by the maintenance staff, who are typically on-site and can address the issue quickly. This leaves more room in your schedule to explore the beautiful sights and fun activities that Alberta has to offer. Having more free time and less housework sounds like a winning combination! 

 

3. Weather 

Edmonton has all four seasons; from picturesque springtime to humid summer storms, then crisp autumn to chilly winters, you’ll experience it all here! In fact, the average daily temperature in January is −11.7 °C (10.9 °F). 

Because of these drastic weather changes, particularly in the winter, apartment living can be a better option as you won’t have to worry about managing potential weather-related damage to your residence. Instead, you can snuggle up indoors while the storm rages outside, knowing you are safe in your apartment.

 

4. Social events and activities

If you enjoy socializing with your neighbors, many apartment communities in Edmonton plan and host exclusive events and activities for residents. This is a simple way for you to meet your neighbors and build local connections. Plus, if you’re relocating to the area, living in an apartment community provides you with a built-in network of potential new friends who can help you get adjusted to your new home. 

 

Park Place South Apartment Homes

If you’re looking to settle down in Edmonton, be sure to check out Park Place South Apartment Homes. Whether you’re looking for a one-bedroom, two-bedroom, or three-bedroom floor plan, we have several layouts to satisfy your needs. Our apartment homes also come with energy-efficient appliances, large closets, a private patio or balcony, and stunning views.

Enjoy our many community amenities, including a picnic area, fitness center, and on-site maintenance. If you’d like to learn more about our property and neighborhood, our friendly staff would be happy to provide you with a private or virtual tour. Contact us today to get one step closer to calling Park Place South in Edmonton, AB, home!

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