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: $469K1110 permits972 units491 dev permits552 renos

26.71

High construction & development activity (1110 permits, 491 dev permits) but assessments still moderate ($468,823). Values likely haven't caught up yet — early mover territory.

The Orchards At Ellersliehot

Avg: $493K1077 permits912 units518 dev permits538 renos

26.39

High construction & development activity (1077 permits, 518 dev permits) but assessments still moderate ($493,010). Values likely haven't caught up yet — early mover territory.

Edgemonthot

Avg: $474K1075 permits855 units600 dev permits458 renos

26.38

High construction & development activity (1075 permits, 600 dev permits) but assessments still moderate ($474,116). Values likely haven't caught up yet — early mover territory.

Alceshot

Avg: $431K911 permits1043 units740 dev permits187 renos

22.68

High construction & development activity (911 permits, 740 dev permits) but assessments still moderate ($430,788). Values likely haven't caught up yet — early mover territory.

The Uplandshot

Avg: $472K880 permits1036 units524 dev permits310 renos

21.25

High construction & development activity (880 permits, 524 dev permits) but assessments still moderate ($472,242). Values likely haven't caught up yet — early mover territory.

Rosenthalhot

Avg: $469K728 permits1008 units408 dev permits290 renos

17.67

High construction & development activity (728 permits, 408 dev permits) but assessments still moderate ($468,780). Values likely haven't caught up yet — early mover territory.

Secordhot

Avg: $456K622 permits394 units187 dev permits397 renos

14.96

High construction & development activity (622 permits, 187 dev permits) but assessments still moderate ($456,255). Values likely haven't caught up yet — early mover territory.

Kinglet Gardenshot

Avg: $448K604 permits593 units401 dev permits206 renos

14.95

High construction & development activity (604 permits, 401 dev permits) but assessments still moderate ($447,961). Values likely haven't caught up yet — early mover territory.

Stillwaterhot

Avg: $386K546 permits537 units395 dev permits158 renos

13.56

High construction & development activity (546 permits, 395 dev permits) but assessments still moderate ($385,838). Values likely haven't caught up yet — early mover territory.

Crystallina Nera Easthot

Avg: $452K543 permits532 units327 dev permits217 renos

13.43

High construction & development activity (543 permits, 327 dev permits) but assessments still moderate ($451,539). Values likely haven't caught up yet — early mover territory.

Warming — Rising renovation + development

Keswickwarming

Avg: $595K1255 permits1187 units698 dev permits522 renos

30.64

Renovation activity is high (522 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Glenridding Ravinewarming

Avg: $598K577 permits511 units235 dev permits307 renos

13.88

Renovation activity is high (307 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Laurelwarming

Avg: $536K329 permits17 units20 dev permits308 renos

8.12

Renovation activity is high (308 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Summersidewarming

Avg: $539K237 permits1 units26 dev permits211 renos

5.86

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

Trumpeter Areawarming

Avg: $522K218 permits145 units104 dev permits114 renos

5.39

Renovation activity is high (114 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Maplewarming

Avg: $531K219 permits199 units65 dev permits145 renos

5.32

Renovation activity is high (145 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Starlingwarming

Avg: $534K217 permits206 units117 dev permits95 renos

5.31

Renovation activity is high (95 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Cavanaghwarming

Avg: $554K206 permits288 units45 dev permits147 renos

4.94

Renovation activity is high (147 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Windermerewarming

Avg: $556K202 permits149 units38 dev permits149 renos

4.83

Renovation activity is high (149 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Holyroodwarming

Avg: $524K130 permits117 units43 dev permits83 renos

3.17

Renovation activity is high (83 permits) alongside new development. Existing homeowners are investing — a confidence signal that the neighbourhood is improving.

Cooling — High assessments, low new activity

Carter Crestcooling

Avg: $612K13 permits0 units0 dev permits13 renos

0.16

High assessments ($611,823) 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.

Quesnell Heightscooling

Avg: $1.1M10 permits1 units1 dev permits9 renos

0.12

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

Wedgewood Heightscooling

Avg: $747K9 permits1 units1 dev permits8 renos

0.11

High assessments ($746,603) but low new activity. Mature/stable area — or possibly overvalued with declining interest.

Edmonton Energy And Technology Parkcooling

Avg: $612K3 permits0 units3 dev permits3 renos

0.05

High assessments ($611,777) 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	88	61	$380K	$411K	1.08x
King Edward Park	84	58	$348K	$394K	1.13x
Glenwood	71	52	$249K	$561K	2.25x
Westmount	70	48	$340K	$391K	1.15x
Blatchford Area	63	46	$381K	$589K	1.55x
Prince Charles	60	36	$389K	$518K	1.33x
West Jasper Place	59	42	$370K	$460K	1.24x
Britannia Youngstown	54	33	$285K	$493K	1.73x
Strathcona	50	20	$306K	$367K	1.2x
Queen Alexandra	48	28	$326K	$456K	1.4x
Sherwood	48	36	$380K	$471K	1.24x
High Park	48	39	$403K	$420K	1.04x
Saddle Ridge	417	0	$0	$0	0x
Bowness	345	0	$0	$0	0x
Beltline	247	0	$0	$0	0x
Griesbach	189	177	$434K	$264K	0.61x
Manchester Industrial	176	0	$0	$0	0x
Killarney/glengarry	171	0	$0	$0	0x
Redstone	169	0	$0	$0	0x
West Hillhurst	169	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

206 reno permitsAvg reno: $50KAvg home: $448KTotal: $3.4M

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.

King Edward Parkstrong

34th pctl

124 reno permitsAvg reno: $45KAvg 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.

Westmountstrong

31th pctl

122 reno permitsAvg reno: $66KAvg home: $340KTotal: $2.3M

Homeowners investing 20% of home value in renovations, in a mid-range neighbourhood (31th 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

113 reno permitsAvg reno: $36KAvg home: $285KTotal: $1.0M

High renovation count (113) in an affordable area (16th percentile, avg $284,687). Active homeowner investment in a value neighbourhood — potential for assessment growth.

Strathconastrong

19th pctl

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

High renovation count (98) in an affordable area (19th percentile, avg $305,721). Active homeowner investment in a value neighbourhood — potential for assessment growth.

Glenwoodstrong

10th pctl

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

High renovation count (98) 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.

Keswick2492.5

231 businesses724 residential698 dev permits

Strong convergence: 231 new businesses AND 724 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Alces2188

724 residential740 dev permits

Residential boom: 724 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Chappelle Area2101

408 businesses499 residential491 dev permits

Strong convergence: 408 new businesses AND 499 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Downtown2040

1282 businesses117 dev permits

Commercial hub: 1282 new businesses but no residential construction. May attract residents from nearby areas — watch for future residential permits.

Edgemont2018

176 businesses577 residential600 dev permits

Strong convergence: 176 new businesses AND 577 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

The Orchards At Ellerslie1922

232 businesses528 residential518 dev permits

Strong convergence: 232 new businesses AND 528 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

The Uplands1646

561 residential524 dev permits

Residential boom: 561 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Rosenthal1500.5

163 businesses424 residential408 dev permits

Strong convergence: 163 new businesses AND 424 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Wîhkwêntôwin1201

744 businesses1 residential83 dev permits

Mixed activity: 744 businesses, 1 residential permits, 83 dev permits. Multi-dimensional growth signal.

Kinglet Gardens1179

389 residential401 dev permits

Residential boom: 389 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Stillwater1161

383 residential395 dev permits

Residential boom: 383 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Strathcona Industrial Park1106

686 businesses77 dev permits

Commercial hub: 686 new businesses but no residential construction. May attract residents from nearby areas — watch for future residential permits.

Secord972

258 businesses199 residential187 dev permits

Strong convergence: 258 new businesses AND 199 residential permits. This neighbourhood is building both homes and services — the hallmark of a self-sustaining growth area.

Crystallina Nera East953

313 residential327 dev permits

Residential boom: 313 permits but limited business activity. Services will likely follow the population. Early-stage community formation.

Marquis919

306 residential307 dev permits

Residential boom: 306 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.