🏡 Home Appraisal vs Home Evaluation: What’s the Difference in the Lethbridge Real Estate Market?
When it comes to buying or selling a home in Lethbridge and the surrounding area, you’ll often hear the terms home appraisal and home evaluation tossed around. While they might sound similar, these two processes serve very different purposes — and knowing the difference can help you make informed decisions whether you’re listing your home, purchasing a property, or refinancing.
📊 What Is a Home Appraisal?
A home appraisal is a formal, unbiased estimate of a property’s market value completed by a certified appraiser. In most cases, an…
June 2025 Real Estate & Lifestyle Update for Lethbridge, Alberta
As we step into June, Lethbridge is buzzing with activity. From a dynamic real estate market to exciting community events, there’s so much to explore and enjoy this month.
🎉 June Events in Lethbridge
Lethbridge Rotary Dragon Boat Festival
📅 June 27–29 at Henderson Lake
This vibrant annual festival features over 60 racing teams, local vendors, live entertainment, beer gardens, and a fun, family-friendly atmosphere. It’s one of Lethbridge’s signature summer events you won’t want to miss!
More info: tourismlethbridge.com
Concerts and Performances:
Jon Pardi - Honkytonk Hollywood Tour: June 12 at VisitLethbridge.com Arena
TINA: The Ultimate Tribute to…
Why Acreages Are Hot Buys in Lethbridge and Area Right Now!
If you’ve been watching the real estate market in Lethbridge and Southern Alberta lately, you’ve probably noticed a trend: acreages are in demand like never before.
Whether it’s a few minutes outside the city or tucked into the scenic countryside, rural properties with a bit of land are catching buyers’ attention — and for good reason.
Here’s why acreages are some of the hottest buys in today’s market:
1. More Space, More Freedom
Post-pandemic lifestyle shifts have changed the way people think about space. Buyers want room to roam — not just for their families,…
Top Mistakes First-Time Homebuyers Make and How to Avoid Them Buying your first home is an exciting milestone, especially in a unique and growing city like Lethbridge. With its vibrant neighborhoods, affordable prices compared to larger urban centers, and a strong sense of community, Lethbridge is an attractive place to put down roots. But like any major financial decision, buying a home comes with challenges—especially for first-time buyers. If you’re just starting your homeownership journey, knowing what pitfalls to avoid can save you time, money, and stress. Here are the top mistakes first-time homebuyers make—and how you can avoid them…
Click here to see our lates Newsletter for March 2025!
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As we move into March 2025, the Lethbridge real estate market continues to showcase exciting trends. Whether you’re looking to buy, sell, or invest, staying updated on the latest shifts in home prices and local events can help you make informed decisions. Let’s dive into what’s happening in the market this month and how you can take advantage of the current conditions.
Spring weather has a significant impact on the real estate market for several reasons:
1. Increased Buyer Activity: As temperatures rise and days get longer, people are more likely to venture out to look at homes. The warmer weather and the start of the school year break often motivate families and individuals to start house hunting, leading to an uptick in demand.
2. Better Curb Appeal: Spring brings flowers, greenery, and pleasant weather, which can enhance the aesthetic appeal of homes. Sellers can take advantage of this by showcasing their properties at their best—lush gardens, vibrant flowers, and green lawns all help…
Last week The Bank of Canada dropped their key interest rate down to 4.25%. This is the third rate cut we have seen since this June, after rates climbing or holding strong all the way from March 2020 - June 2024.
So what does this mean for the real estate market?!
For buyers, this might be the news you've been waiting for. However, if you've been waiting to buy, the time is now. When we see interest rates dip, more buyers jump in to the market, which means prices will go up. Good news for sellers! Inventory in Lethbridge remains low with…