Skip to content
Buying & Selling Real Estate

User Stats

50
Posts
25
Votes
Jeremy Heaman
  • Investor
  • Edmonton
25
Votes |
50
Posts

Death in the Neighbourhood

Jeremy Heaman
  • Investor
  • Edmonton
Posted Dec 3 2021, 21:05

Warning, this topic could be disturbing to some people.

I have recently put my condo up for sale, after a bad tenant left. This is a C class neighbourhood in Edmonton, Alberta and after the condo fees increased dramatically, it no lomger meets my investing criteria. 

I learned that someone had been killed in the buidling in the past week. It doesnt appear to be someone from the building.  But it does leave me with questions, do I keep trying to sell the property, do I go back to renting it out? In the years I had it (and according to EPS 90 days before) there hasn't been any violent crime in the area before. 

For those of you who have experienced this, how has it accected your property values?

Loading replies...