Edmonton • Feature: Affordable Homeownership: Find a home that fits your budget without sacrificing quality.
Find Your Dream Home: Edmonton Listings Under $400,000
Discover affordable real estate opportunities in Edmonton! Explore a diverse selection of homes for sale priced under $400,000, catering to first-time homebuyers, young professionals, and savvy investors. This budget opens doors to various neighbourhoods across Edmonton, offering condos, townhouses, and single-family homes. Start your search today and find a property that fits your lifestyle and financial goals. We update our listings daily to ensure you have access to the newest opportunities in Edmonton's real estate market. Let us help you navigate the process and find your perfect home.
View Homes Under $400K
Real Help, Not Real Estate — real people + smarter AI. Powered by Keylo Inc.
Real-Time Listings
Updated every 60 seconds so you never miss a new listing.
AI-Powered Swiping
Swipe to teach the system what you like — we'll show you better matches the more you interact.
Relevant Matches
Example filters: Affordable Homeownership: Find a home that fits your budget without sacrificing quality. , Investment Opportunity: Edmonton's real estate market offers potential for long-term growth. , and Diverse Neighborhoods: Explore various communities with unique amenities and lifestyles.
Active Listings — Edmonton homes under 400000
[TIP]
Looking for Edmonton homes under $400,000? You're in a popular market segment! Expect to find a mix of charming bungalows, renovated condos, and practical townhouses throughout the city. Price points generally range from the mid $200s to high $300s, offering value in diverse neighbourhoods. Consider established communities like Alberta Avenue or Eastwood for character homes, or explore newer developments in areas like Summerside or Secord for modern townhouses. This search requires flexibility – homes in this price range tend to move quickly. Focus on pre-approvals, prioritize your must-haves versus nice-to-haves, and be ready to act fast when the right property appears. This price point provides a fantastic opportunity to enter the Edmonton market, but requires a proactive and informed approach.
[?] Frequently Asked Questions
What types of properties can I realistically expect to find in Edmonton for under $400,000?
Typically, you'll find condos, townhouses, and smaller detached homes (often older or needing some renovations) within that price range in Edmonton. Availability varies by neighborhood, so exploring different areas is key.
Where in Edmonton are the most affordable neighborhoods to find homes under $400,000?
Areas like Northeast Edmonton (e.g., Clareview, Abbottsfield) and some parts of Southeast Edmonton often have more options under $400,000. However, it's essential to research specific communities within those areas to find one that suits your needs and lifestyle.
With rising interest rates, is it still a good time to buy a home in Edmonton under $400,000?
Despite interest rate fluctuations, owning real estate can be a sound financial investment, and there are still opportunities in Edmonton's affordable market. It's wise to consult with a mortgage professional to assess your affordability and explore available options like government incentives.
Are there hidden costs I should be aware of when buying a home under $400,000 in Edmonton?
Beyond the down payment, factor in closing costs (legal fees, land transfer tax), property taxes, home insurance, and potential condo fees if applicable. Also, budget for potential repairs or renovations, especially with older homes.
View Homes Under $400K
Find your perfect Edmonton home today!