Real Estate

Micro Signals

Neighbourhood-level intelligence from cross-analyzing permits, assessments, development activity, renovations, and business licences. This is where macro trends meet street-level opportunities.

Run npx tsx scripts/snapshot.ts daily to track changes over time

How this works: Each section below cross-references 2-4 datasets to find patterns that no single dataset reveals. A neighbourhood might look quiet in permits data alone, but when you combine permits + assessments + business licences + renovation activity, the real story emerges. The scores and signals are computed live from your API data.

Transformation Zones

Activity vs. valuation — where are values lagging behind activity?

LIVE

Cross-referencing building permits, development permits, renovation activity, and property assessments to find neighbourhoods where activity outpaces current valuations.

Hot — High activity, moderate assessments

Chappelle Areahot

Avg: $469K1138 permits999 units504 dev permits569 renos

26.27

High construction & development activity (1138 permits, 504 dev permits) but assessments still moderate ($468,809). Values likely haven't caught up yet — early mover territory.

Edgemonthot

Avg: $474K1096 permits868 units607 dev permits472 renos

25.76

High construction & development activity (1096 permits, 607 dev permits) but assessments still moderate ($474,109). Values likely haven't caught up yet — early mover territory.

The Orchards At Ellersliehot

Avg: $493K1092 permits922 units526 dev permits546 renos

25.64

High construction & development activity (1092 permits, 526 dev permits) but assessments still moderate ($493,066). Values likely haven't caught up yet — early mover territory.

Alceshot

Avg: $431K949 permits1070 units747 dev permits200 renos

22.43

High construction & development activity (949 permits, 747 dev permits) but assessments still moderate ($430,788). Values likely haven't caught up yet — early mover territory.

The Uplandshot

Avg: $472K895 permits1042 units531 dev permits319 renos

20.72

High construction & development activity (895 permits, 531 dev permits) but assessments still moderate ($472,242). Values likely haven't caught up yet — early mover territory.

Rosenthalhot

Avg: $469K744 permits1017 units424 dev permits301 renos

17.41

High construction & development activity (744 permits, 424 dev permits) but assessments still moderate ($468,780). Values likely haven't caught up yet — early mover territory.

Kinglet Gardenshot

Avg: $448K624 permits606 units409 dev permits215 renos

14.77

High construction & development activity (624 permits, 409 dev permits) but assessments still moderate ($447,961). Values likely haven't caught up yet — early mover territory.

Secordhot

Avg: $456K631 permits395 units189 dev permits405 renos

14.56

High construction & development activity (631 permits, 189 dev permits) but assessments still moderate ($456,248). Values likely haven't caught up yet — early mover territory.

Stillwaterhot

Avg: $388K569 permits554 units404 dev permits160 renos

13.41

High construction & development activity (569 permits, 404 dev permits) but assessments still moderate ($388,299). Values likely haven't caught up yet — early mover territory.

Crystallina Nera Easthot

Avg: $452K553 permits541 units330 dev permits222 renos

13.07

High construction & development activity (553 permits, 330 dev permits) but assessments still moderate ($451,539). Values likely haven't caught up yet — early mover territory.

Warming — Rising renovation + development

Keswickwarming

Avg: $595K1284 permits1204 units707 dev permits536 renos

29.97

Renovation activity is high (536 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Glenridding Ravinewarming

Avg: $598K590 permits514 units242 dev permits317 renos

13.65

Renovation activity is high (317 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Laurelwarming

Avg: $536K336 permits17 units20 dev permits315 renos

7.94

Renovation activity is high (315 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Summersidewarming

Avg: $539K237 permits1 units26 dev permits211 renos

5.61

Renovation activity is high (211 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Trumpeter Areawarming

Avg: $522K221 permits147 units104 dev permits115 renos

5.21

Renovation activity is high (115 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Maplewarming

Avg: $531K222 permits199 units66 dev permits148 renos

5.17

Renovation activity is high (148 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Starlingwarming

Avg: $534K220 permits207 units117 dev permits97 renos

5.14

Renovation activity is high (97 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Windermerewarming

Avg: $556K209 permits155 units39 dev permits155 renos

4.79

Renovation activity is high (155 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Cavanaghwarming

Avg: $554K208 permits288 units46 dev permits148 renos

4.78

Renovation activity is high (148 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Holyroodwarming

Avg: $524K131 permits117 units43 dev permits84 renos

3.06

Renovation activity is high (84 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Cooling — High assessments, low new activity

Patricia Heightscooling

Avg: $595K15 permits2 units2 dev permits13 renos

0.35

High assessments ($595,395) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Blue Quill Estatescooling

Avg: $610K15 permits0 units0 dev permits15 renos

0.18

High assessments ($610,296) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Carter Crestcooling

Avg: $612K13 permits0 units0 dev permits13 renos

0.15

High assessments ($611,823) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Quesnell Heightscooling

Avg: $1.1M11 permits1 units2 dev permits10 renos

0.14

High assessments ($1,090,205) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Riverview Areacooling

Avg: $1.0M11 permits2 units3 dev permits9 renos

0.14

High assessments ($1,033,242) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Teardown Detector

Redeveloping areas where land value exceeds building value

LIVE

Redeveloping neighbourhoods where older homes are being replaced. High construction-to-assessment ratio means new builds are worth significantly more than existing homes — a signal that land value is driving the economics.

Neighbourhood	Dev Permits	New Construction	Avg Assessment	Avg New Build $	Ratio
Inglewood	89	64	$380K	$412K	1.08x
King Edward Park	87	58	$348K	$394K	1.13x
Glenwood	75	52	$249K	$561K	2.25x
Westmount	72	48	$340K	$391K	1.15x
Blatchford Area	63	46	$381K	$589K	1.55x
West Jasper Place	61	45	$371K	$454K	1.23x
Prince Charles	60	39	$389K	$530K	1.36x
Britannia Youngstown	55	33	$284K	$493K	1.73x
Strathcona	52	20	$306K	$367K	1.2x
Queen Alexandra	51	29	$326K	$462K	1.41x
High Park	50	40	$403K	$414K	1.03x
Sherwood	48	37	$380K	$476K	1.25x
Saddle Ridge	422	0	$0	$0	0x
Bowness	354	0	$0	$0	0x
Beltline	253	0	$0	$0	0x
Griesbach	197	182	$434K	$268K	0.62x
Killarney/glengarry	178	0	$0	$0	0x
Manchester Industrial	176	0	$0	$0	0x
Redstone	172	0	$0	$0	0x
West Hillhurst	171	0	$0	$0	0x

Prospecting angle

Homeowners in these areas are sitting on land worth more than their house. For a realtor, this is a seller lead goldmine — "Did you know your lot is worth more than your assessed value? Developers are paying premium for lots in your neighbourhood." The top 12 zones above have active teardown economics.

Renovation ROI Signals

Where homeowner investment is likely paying off

LIVE

Where homeowners are investing in renovations — and whether it's likely to pay off. Cross-references renovation permit value against neighbourhood assessment levels.

Kinglet Gardensstrong

63th pctl

215 reno permitsAvg reno: $49KAvg home: $448KTotal: $3.6M

Homeowners investing 11% of home value in renovations, in a mid-range neighbourhood (63th percentile). Strong confidence signal — people are betting on this area improving.

Westmountstrong

31th pctl

126 reno permitsAvg reno: $65KAvg home: $340KTotal: $2.3M

Homeowners investing 19% of home value in renovations, in a mid-range neighbourhood (31th percentile). Strong confidence signal — people are betting on this area improving.

King Edward Parkstrong

34th pctl

125 reno permitsAvg reno: $44KAvg home: $348KTotal: $1.2M

Homeowners investing 13% of home value in renovations, in a mid-range neighbourhood (34th percentile). Strong confidence signal — people are betting on this area improving.

Blatchford Areastrong

46th pctl

118 reno permitsAvg reno: $38KAvg home: $381KTotal: $536K

Homeowners investing 10% of home value in renovations, in a mid-range neighbourhood (46th percentile). Strong confidence signal — people are betting on this area improving.

Alberta Avenuestrong

16th pctl

116 reno permitsAvg reno: $36KAvg home: $285KTotal: $1.1M

High renovation count (116) in an affordable area (16th percentile, avg $284,793). Active homeowner investment in a value neighbourhood — potential for assessment growth.

Strathconastrong

19th pctl

103 reno permitsAvg reno: $36KAvg home: $306KTotal: $1.1M

High renovation count (103) in an affordable area (19th percentile, avg $305,721). Active homeowner investment in a value neighbourhood — potential for assessment growth.

Glenwoodstrong

10th pctl

99 reno permitsAvg reno: $48KAvg home: $249KTotal: $619K

High renovation count (99) in an affordable area (10th percentile, avg $249,095). Active homeowner investment in a value neighbourhood — potential for assessment growth.

Business + Residential Convergence

Neighbourhoods building both homes and services simultaneously

LIVE

Neighbourhoods with BOTH new businesses AND new residential construction. This convergence signals a self-sustaining community forming — homes attract businesses, businesses attract more homes.

Keswick2528.5

229 businesses739 residential707 dev permits

Strong convergence: 229 new businesses AND 739 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Alces2245

749 residential747 dev permits

Residential boom: 749 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Chappelle Area2136

408 businesses510 residential504 dev permits

Strong convergence: 408 new businesses AND 510 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Downtown2054.5

1291 businesses118 dev permits

Commercial hub: 1291 new businesses but no residential construction. May attract residents from nearby areas — watch for future residential permits.

Edgemont2042

178 businesses584 residential607 dev permits

Strong convergence: 178 new businesses AND 584 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

The Orchards At Ellerslie1954.5

239 businesses535 residential526 dev permits

Strong convergence: 239 new businesses AND 535 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

The Uplands1665

567 residential531 dev permits

Residential boom: 567 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Rosenthal1529.5

165 businesses429 residential424 dev permits

Strong convergence: 165 new businesses AND 429 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Wîhkwêntôwin1222

758 businesses1 residential83 dev permits

Mixed activity: 758 businesses, 1 residential permits, 83 dev permits. Multi-dimensional growth signal.

Kinglet Gardens1209

400 residential409 dev permits

Residential boom: 400 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Stillwater1198

397 residential404 dev permits

Residential boom: 397 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Strathcona Industrial Park1120.5

693 businesses81 dev permits

Commercial hub: 693 new businesses but no residential construction. May attract residents from nearby areas — watch for future residential permits.

Secord974.5

257 businesses200 residential189 dev permits

Strong convergence: 257 new businesses AND 200 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Crystallina Nera East966

318 residential330 dev permits

Residential boom: 318 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Marquis934

310 residential314 dev permits

Residential boom: 310 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

All analysis computed live from Edmonton Open Data APIs. Cross-referencing 4 datasets across 4 analysis dimensions. Refreshes hourly.