It’s an exciting time to be a first-time homebuyer in Edmonton today. Homes are still comparatively more affordable than in any other major Canadian city, the province’s economy remains robust, and the opportunities to build a new home are seemingly endless with all the new residential developments in the region.

Edmonton continues to be a hotspot for new homes for people of all income levels. Also, it’s diverse and multicultural population makes it an obvious landing spot for everyone looking to start fresh.

So, whether it’s a local buyer trying to get out of the rental cycle, or someone entirely new to the city looking to own a home for the first time, here’s some advice from new home industry experts who know the market best.

Get in the game

Buying your first home is an exciting milestone—especially when building a brand-new home! While it may feel overwhelming at first, being well-prepared and working with a knowledgeable homebuilder’s sales professional makes the process smooth and enjoyable. In the end, creating a home that’s uniquely yours is both rewarding and life-changing.

“If you’re a first-time homebuyer, 2025 presents a great opportunity to enter the market,” says Kristina Plank, Marketing Manager at Excel Homes.

“With interest rates expected to decrease, homeownership will become more affordable and provide greater peace of mind,” she says. “Additionally, with Edmonton experiencing high migration from other provinces, home prices are projected to rise later this year. Purchasing now allows you to secure your price and gain cost certainty in an ever-changing market, making today the best time to buy!”

Any home can be a starter home, it all depends on your budget. But for the most part, first-time homebuyers in Edmonton are currently snapping up apartment condos, townhomes, and duplexes, but front-drive and rear laned homes are also getting a lot of love.

What to know

Buying your first home is an exciting journey! Understanding the builder’s reputation, warranty coverage, and the construction timeline is essential, to ensure that you get the most value for your purchase.

Single-family home buyers do have to keep in mind budgeting for additional costs such as a detached garage, fencing, or basement development.

Buying from with a reputable is important, especially for a first-time homebuyer. It may be your first home, but likely not the last, so homes that can retain their resale value is key.

Plank says there are a few things to keep in mind before starting the journey. “Get pre-approved for a mortgage early to understand your budget, including closing costs and additional expenses like landscaping. While builders provide standard features, upgrades come at an extra cost, so focus on those that add long-term value,” she says.

“When selecting a community, consider future development plans, amenities, schools, and commute times, as a great location enhances your home’s value over time. First-time buyers should consider an Excel home, as we offer a new and improved standard specification this year, along with a variety of additions designed to make your home building journey seamless and stress free.”

Getting more for your first home

With the challenges to affordability, it always helps to know what you get with the price you pay for your home. Builders offer enticing packages to attract buyers, but Excel Homes always tries to go beyond that.

“We’re always looking for ways to enhance the quality, comfort, and style of our homes, so we’re thrilled to introduce our new standard specifications in Edmonton! Designed with modern homeowners in mind, these improved specifications offer more value and style without the need for additional upgrades.”

Some of Excel’s new offerings that come standard with a home are 1¼-inch quartz countertops in kitchen, main bath and ensuite; ecobee™ Smart Thermostat™ Premium & Ring Video Doorbell, high-efficiency furnace and tankless water heater; and full front and rear landscaping.

“We also include automatic mortgage insurance rebate with the RBC Green Home Mortgage program,” Plank adds.

Surprising starter homes

Excel Homes offers an exciting array of front-drive garage, rear laned, and duplex homes in Edmonton. Excel builds in five of Edmonton’s most dynamic communities, including in the brand new one of Alces.

“Our most popular models amongst the first-time home buyers are our duplex homes, particularly our Bentley and Emerson models. They were designed from years of feedback from our customers and specifically to accommodate their needs for a more functional and affordable home. Both duplex models are spacious and versatile, offering many options for personalization like adding a basement suite,” Plank says.

But whatever starter home you pick, Plank says the important thing is to get into a new-build home now.

“Building a new home gives you the freedom to personalize every detail to match your lifestyle, from floorplans to finishes. New builds feature the latest technology and energy-efficient appliances, helping you save on utility costs. Plus, with minimal maintenance and warranty coverage, you can enjoy peace of mind.” Find out more at excelhomes.ca.