Moving to Yellowknife

For Renters Resources for Renters Because the rental market in Yellowknife is so tight right now, we receive requests for help finding rental units almost daily. Unfortunately, because we don’t deal in residential rentals, the best we can do is compile renter resources in one place. And the best advice that we can give renters is to get your name […]
Neighbourhoods Neighbourhood Profiles: Old Town and Latham Island Old Town is Known For: its history, tourist attractions and events, cool and quirky houses (including houseboats), lots of exposed bedrock and waterfront, close-knit community vibe. History Old Town was the site of Yellowknife’s original downtown, established in the late 1930s.  Although gold had been discovered nearby years earlier (during the Klondike Gold Rush in […]
Moving to Yellowknife 4 Unique Considerations When Buying a Home in the North In most respects, buying a home in Yellowknife is similar to buying one anywhere else in Canada.  But in four important ways, it is very different. 1. The Importance of Sunlight  Everyone who is planning a move to the North knows that we have little sunlight in winter and tons of it in summer, but […]
For Renters Yellowknife Rental Market Update, December 2022 For anyone thinking of moving to Yellowknife in 2023, understanding what’s going on in our local rental market is pretty important.  There is no one source for this information that is perfect, but CMHC’s annual Northern Housing Report is the most important piece of the puzzle.  CBC North reported on the new 2022 edition this […]
Life in the "Knife" The 8 Most Surprising Things About Yellowknife Many people who are thinking of moving to Yellowknife have never contemplated a move this far north.  For them, “Life in the Knife” is a bit mysterious.  When they arrive they are often surprised at what they find.  Here is our list of the top eight most surprising things about Yellowknife. #1 – It is […]
Moving to Yellowknife? Get to Know Our Neighbourhoods At Century 21 Prospect Realty, we spend a lot of time thinking about ways to improve the home buying process for newcomers to our city.  Many of our clients are sent here by their employers for very brief house-hunting trips with the expectation that, within a few short days, they will familiarize themselves with their […]
Market Analysis Yellowknife Real Estate: A Look Back At 2021 It will come as no surprise to anyone following our Yellowknife real estate market that, upon close review, 2021 turns out to have been a very busy year.  The number of sales was up by 20%, homes sold twice as fast as in 2020 at an average of only 37 days on the market, and […]
Moving to Yellowknife: What is the True Cost of a Yellowknife Home? One of the challenges our Century 21 Prospect Realty buyers’ agents encounter is that when folks research our real estate market in advance of their house-hunting trips, they often develop an inaccurate understanding of Yellowknife home prices.  Comparing houses between any two places is tricky, given how different one home can be from the next, […]
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Buying a Yellowknife Home in 2021: 10 Tips for Success
5 Tips for Buying a Yellowknife Home in 2021 This and other articles about the Yellowknife real estate market are available in our e-newsletter.  Click on this link to sign up and receive our latest edition. We’re almost through the first month of 2021 and there are still very few homes listed for sale across Yellowknife, which is probably a bit disheartening for eager […]
For Renters Ranking Yellowknife’s Apartment Buildings This and other articles about the Yellowknife real estate market are available in our e-newsletter.  Click on this link to sign up and receive our latest edition. Every year, we at Century 21 Prospect Realty receive dozens of phone calls and e-mails from folks inquiring about rental options in our fine city.  Rentals are not […]
Education and Advocacy 2020 Year End Review: A Look Back at Yellowknife’s Real Estate Market This and other articles about the Yellowknife real estate market are available in our e-newsletter.  Click on this link to sign up and receive our latest edition. Well, 2020 was pretty crazy. Just like most economic sectors in most countries in the world, COVID-19 left the Canadian real estate sector facing great uncertainty in the […]
How Much Does it Cost to Hire a Yellowknife REALTOR? The cost of hiring a REALTOR® to sell your home depends on a variety of factors including how your home is priced, the state of the market, and the time of year.  Some homes are easier to sell than others.  If yours is such a home, you should be able to negotiate a good rate […]
For Renters Buying vs. Renting in Yellowknife There are roughly 1,200 new people moving to Yellowknife each year. When moving to a new city, people often think hard about whether it makes sense to buy or rent. Renting offers greater flexibility and less to worry about in terms of maintenance and other costs, such as property taxes. That said, in our tight […]
Tools for Online House Hunting, Yellowknife In this age of the all-powerful internet, home buyers are in a position to learn a great deal about a home before walking through the door with their favourite REALTOR®.  In Yellowknife, house hunters are fortunate to have an extra tool that is still quite rare in Canada – City Explorer (probably referred to elsewhere […]