Where to buy Edmonton real estate in 2019

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Is there upside potential in Edmonton? The city is experiencing a five-year-low in sales activity for all types of housing but, despite that, some analysts think the market will see a rebound.

According to statistics released by the Realtors Association of Edmonton (RAE), average home prices were down by 4.4% year-over-year in March 2019. The biggest declines—both in sales activity and in prices—were in condos and strata units (such as townhomes in multi-family complexes), with a 7% drop in sales activity, year-over-year, as of February 2017. Single-family home sales, on the other hand, were down just 2.7% year-over-year as of February—great, but definitely not quite as bad, either.

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Michael Brodrick, chair of RAE, recently spoke to the press about the city’s current real estate market conditions. He stated that the still slow market is due, in part, to external factors beyond the city’s control, particularly last year’s implementation of the federal mortgage stress test.

But a rebound may be on the horizon—and it’s not necessarily tied to the price of oil. According to Colliers, a Canadian-based global commercial real estate firm, approximately 2.7 million sq. ft. of industrial space is under construction in and around Metro Edmonton. This is in addition to the 2.2 million sq. ft. of industrial space that was completed in 2018.

The surge in commercial land and space is due, in part, to the cheaper land costs offered in and around Edmonton. (Taxes outside Edmonton also hover around $1 to $2 cheaper per square foot, for even more cost savings.)

A contributing factor is how accessible these spaces are now that Edmonton has Anthony Henday Drive, a commuter highway that circles the city (it was completed in 2016).

In fact, Ford Motors recently completed its new 403,000-square-foot distribution centre, located just outside the city of Leduc, which is 35 kilometres south of Edmonton’s city centre. This new build means that Ford nearly doubled its space in Edmonton. Plus, additional ventures are either moving to or expanding their operations in this once-oil-dependent city. Aurora Sky, the licensed cannabis grower, recently completed its second big project in the Leduc area.

Over the next year, other big names have big plans for commercial space in and around Edmonton, including Amazon’s 1-million-square-foot distribution centre, as well as Champion Pet Foods’ 371,000-square-foot production facility, both scheduled to open in 2020.

Why should buyers and sellers care? Because an investment in business infrastructure means jobs, and jobs mean dependable wages—and predictable, stable income is arguably the number one factor when it comes to an increase in housing market activity.

To make a smart real estate decision, however, buyers need to factor in current conditions, future possible growth and whether the neighbourhood offers good value. This year’s Where to Buy Real Estate report will help you do that.

Click Tap column headings to re-rank neighbourhoods. Click Tap on any neighbourhood name to learn more about it.

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Rank	Neighbourhood	Area	Average home price (2017)	Value	Momentum	Average price vs. area	Avg. price vs. metro district	Avg. price vs. outer region	1-year price change	5-year price change	Final Star Rating
1	Montrose	Zone 06	$220,200	98.15%	90.74%	63.32%	69.93%	58.60%	2.26%	11.21%	★★★★½
2	Alberta Avenue	Zone 05	$269,500	97.15%	83.10%	59.31%	79.36%	54.88%	-0.32%	8.96%	★★★★
3	Prince Charles	Zone 04	$221,900	96.06%	79.94%	72.58%	74.08%	67.17%	0.79%	9.64%	★★★★
4	Mccauley	Zone 13	$252,500	98.69%	71.30%	59.76%	66.94%	55.31%	-3.14%	7.61%	★★★★
5	Delton	Zone 05	$217,000	96.99%	69.98%	68.00%	76.17%	62.93%	-1.44%	8.14%	★★★★
6	Eastwood	Zone 05	$300,400	99.31%	67.67%	58.44%	65.46%	54.09%	-1.32%	6.27%	★★★★
7	Bellevue	Zone 09	$342,100	85.96%	79.94%	80.90%	89.35%	74.87%	2.46%	6.90%	★★★★
8	Inglewood	Zone 24	$260,700	76.62%	87.19%	92.14%	79.89%	85.27%	2.83%	9.30%	★★★½
9	Beacon Heights	Zone 23	$190,900	95.83%	64.43%	70.21%	77.54%	64.98%	-0.27%	6.54%	★★★½
10	Parkdale	Zone 05	$359,500	100.00%	59.80%	51.41%	57.59%	47.58%	-2.10%	5.59%	★★★½
11	Brentwood	Zone 25	$342,100	69.52%	86.65%	96.82%	82.44%	89.60%	0.00%	8.15%	★★★½
12	Inglewood	Zone 07	$292,100	68.21%	87.19%	92.14%	94.04%	85.27%	2.83%	9.30%	★★★½
13	Elmwood Park	Zone 05	$252,500	87.89%	67.98%	78.67%	88.12%	72.80%	0.38%	6.80%	★★★½
14	Calder	Zone 01	$353,700	97.76%	55.56%	68.00%	69.41%	62.93%	-3.77%	1.57%	★★★½
15	Strathcona Village	Zone 25	$274,400	71.53%	80.09%	95.26%	81.11%	88.16%	2.49%	4.18%	★★★½
16	Balwin	Zone 02	$289,800	93.90%	56.48%	73.90%	80.75%	68.39%	-3.18%	2.16%	★★★½
17	Newton	Zone 06	$383,900	89.58%	61.73%	78.05%	86.20%	72.23%	-1.43%	7.25%	★★★½
18	McKernan	Zone 15	$291,500	61.19%	87.58%	103.39%	78.61%	95.68%	-0.75%	12.32%	★★★½
19	Rundle Heights	Zone 23	$370,100	88.89%	60.96%	78.51%	86.70%	72.65%	0.00%	4.33%	★★★½
20	Maplegrove	Zone 25	$298,000	64.58%	84.03%	99.68%	84.87%	92.25%	-1.02%	8.53%	★★★½
21	Brookview	Zone 91	$347,800	88.04%	60.96%	80.26%	86.37%	74.27%	2.76%	-2.01%	★★★½
22	Broadmoor	Zone 25	$386,100	73.69%	74.07%	93.67%	79.76%	86.69%	-2.39%	6.65%	★★★½
23	Parkallen	Zone 15	$285,700	60.34%	87.50%	103.99%	79.06%	96.23%	-0.36%	10.79%	★★★½
24	Killarney	Zone 02	$317,300	90.82%	57.48%	76.95%	84.98%	71.21%	-2.12%	0.07%	★★★½
25	Spruce Avenue	Zone 08	$314,400	76.31%	70.60%	85.46%	95.72%	79.09%	-2.76%	10.06%	★★★½
26	Sturgeon Heights	Zone 24	$378,700	88.58%	57.64%	84.68%	73.43%	78.36%	-1.93%	4.42%	★★★½
27	King Edward Park	Zone 17	$406,800	51.70%	93.60%	101.99%	97.98%	94.39%	2.24%	14.86%	★★★½
28	Queen Alexandra	Zone 15	$404,600	50.08%	94.52%	109.56%	83.30%	101.39%	3.27%	14.21%	★★★½
29	Allendale	Zone 15	$391,600	51.23%	91.82%	108.97%	82.85%	100.84%	1.56%	11.00%	★★★½
30	Idylwylde	Zone 18	$355,900	45.22%	97.53%	105.47%	101.32%	97.60%	7.17%	17.60%	★★★½
31	Sherwood Heights	Zone 25	$320,400	71.14%	71.45%	95.85%	81.62%	88.71%	-2.41%	5.73%	★★★½
32	West Jasper Place	Zone 22	$372,800	86.42%	56.02%	86.29%	73.51%	79.86%	-0.59%	-0.37%	★★★½
33	Ritchie	Zone 17	$278,800	51.54%	89.43%	100.40%	106.41%	92.92%	0.30%	10.99%	★★★½
34	Belvedere	Zone 02	$382,100	92.36%	50.15%	75.09%	82.93%	69.49%	-3.70%	1.46%	★★★½
35	Mills Haven	Zone 25	$339,800	57.10%	83.64%	102.91%	87.62%	95.24%	-0.49%	7.57%	★★★½
36	Sherbrooke	Zone 04	$333,900	69.14%	71.76%	91.52%	93.41%	84.69%	-0.99%	6.62%	★★★½
37	Mission	Zone 24	$301,900	80.71%	59.72%	89.93%	77.98%	83.22%	-1.59%	4.54%	★★★½
38	Bannerman	Zone 35	$279,200	85.03%	55.09%	81.31%	89.80%	75.25%	-2.39%	1.75%	★★★
39	Beverly Heights	Zone 23	$312,900	92.05%	48.30%	75.20%	83.04%	69.59%	-1.41%	1.94%	★★★
40	Bergman	Zone 23	$393,000	81.17%	58.64%	84.27%	93.07%	77.99%	0.00%	3.51%	★★★
41	Glen Allan	Zone 25	$312,900	51.39%	86.65%	105.84%	90.12%	97.95%	-0.48%	9.20%	★★★
42	Kildare	Zone 02	$301,700	81.17%	57.02%	84.27%	93.07%	77.99%	-3.34%	1.82%	★★★
43	Delwood	Zone 02	$367,800	85.34%	52.62%	81.26%	89.74%	75.20%	-3.05%	1.38%	★★★
44	Grovenor	Zone 21	$367,600	55.71%	81.64%	99.06%	101.11%	91.67%	1.38%	5.96%	★★★
45	Forest Lawn	Zone 24	$315,200	65.82%	70.83%	99.00%	85.85%	91.62%	-2.03%	7.99%	★★★
46	Spruce Village	Zone 91	$353,500	79.71%	56.87%	84.89%	91.35%	78.56%	2.27%	-2.60%	★★★
47	Michaels Park	Zone 29	$311,900	65.51%	71.14%	95.21%	91.46%	88.11%	0.08%	3.51%	★★★
48	Jasper Park	Zone 22	$270,800	90.43%	45.99%	84.00%	71.56%	77.74%	-2.50%	0.26%	★★★
49	Westwood	Zone 08	$325,500	93.98%	41.67%	72.93%	81.69%	67.50%	-2.20%	-0.11%	★★★
50	Meyonohk	Zone 29	$370,200	81.33%	53.86%	87.66%	84.22%	81.13%	-1.06%	0.37%	★★★
51	Akinsdale	Zone 24	$370,200	63.19%	70.45%	99.70%	86.46%	92.27%	-1.17%	6.50%	★★★
52	Summerlea	Zone 20	$379,100	64.27%	69.75%	99.70%	84.94%	92.27%	-0.62%	2.18%	★★★
53	Westboro	Zone 25	$337,600	58.49%	74.77%	102.10%	86.94%	94.49%	-2.49%	7.30%	★★★
54	Dovercourt	Zone 04	$312,900	71.14%	62.58%	90.92%	92.80%	84.14%	-1.55%	6.97%	★★★
55	Hairsine	Zone 35	$298,200	81.17%	52.47%	84.27%	93.07%	77.99%	-4.11%	2.49%	★★★
56	Britannia Youngstown	Zone 21	$336,900	90.43%	43.13%	80.31%	81.97%	74.32%	-3.12%	-0.27%	★★★
57	Mcleod	Zone 02	$297,700	66.98%	66.51%	90.74%	100.21%	83.97%	-2.26%	2.96%	★★★
58	Glenwood	Zone 22	$417,200	93.52%	39.20%	80.18%	68.30%	74.20%	-3.34%	0.00%	★★★
59	Argyll	Zone 17	$311,200	33.49%	98.84%	112.36%	107.94%	103.98%	6.32%	21.07%	★★★
60	Broxton Park	Zone 91	$410,900	83.49%	48.53%	83.81%	90.19%	77.56%	-2.60%	-0.03%	★★★
61	Kenilworth	Zone 18	$364,200	35.49%	96.14%	110.67%	106.31%	102.41%	5.04%	15.16%	★★★
62	Woodcroft	Zone 07	$316,000	57.64%	72.99%	98.09%	100.12%	90.77%	0.52%	5.23%	★★★
63	Homesteader	Zone 35	$341,400	78.09%	52.85%	85.11%	93.99%	78.76%	-3.22%	2.66%	★★★
64	Kameyosek	Zone 29	$332,800	72.30%	57.95%	91.95%	88.33%	85.09%	-0.87%	1.55%	★★★
65	Tipaskan	Zone 29	$272,300	77.24%	52.78%	89.63%	86.10%	82.95%	-1.16%	0.09%	★★★
66	Glengarry	Zone 02	$454,500	94.06%	36.11%	73.34%	80.99%	67.87%	-3.13%	-1.80%	★★★
67	Pleasantview	Zone 15	$332,500	32.64%	96.06%	122.41%	93.07%	113.28%	3.34%	16.12%	★★★
68	Grove Meadows	Zone 91	$355,900	70.83%	57.95%	89.55%	96.37%	82.87%	0.27%	-0.33%	★★★
69	Grandin	Zone 24	$317,900	70.06%	57.72%	95.85%	83.12%	88.71%	-2.87%	5.45%	★★★
70	Sifton Park	Zone 35	$426,700	76.77%	51.31%	85.62%	94.56%	79.23%	-4.04%	1.53%	★★★
71	Ottewell	Zone 18	$305,000	29.71%	97.53%	114.92%	110.40%	106.35%	5.00%	18.76%	★★★
72	Rosslyn	Zone 01	$258,400	87.73%	37.42%	82.14%	85.11%	76.02%	-4.57%	-1.36%	★★★
73	Sherwood	Zone 22	$426,200	97.61%	29.32%	69.59%	59.28%	64.40%	0.00%	-5.93%	★★★
74	Avonmore	Zone 17	$360,200	30.40%	96.14%	114.79%	110.27%	106.23%	5.52%	14.88%	★★★
75	Tweddle Place	Zone 29	$274,800	62.50%	64.43%	97.01%	93.19%	89.78%	-0.80%	2.01%	★★★
76	Athlone	Zone 01	$367,700	94.98%	32.25%	74.01%	75.54%	68.49%	-4.78%	-2.17%	★★★
77	Highlands	Zone 09	$410,000	52.85%	73.23%	99.03%	109.37%	91.65%	-1.34%	8.92%	★★★
78	Village on the Lake	Zone 25	$339,500	42.13%	82.64%	110.42%	94.02%	102.19%	0.61%	6.22%	★★★
79	Richfield	Zone 29	$429,400	73.23%	52.08%	91.44%	87.84%	84.62%	-0.56%	-0.21%	★★★
80	Hazeldean	Zone 17	$327,500	28.94%	95.91%	115.65%	111.10%	107.03%	3.74%	15.99%	★★★
81	Canora	Zone 21	$338,200	77.16%	47.99%	88.20%	90.03%	81.63%	-3.68%	1.61%	★★★
82	Sakaw	Zone 29	$438,000	73.84%	51.16%	91.09%	87.50%	84.29%	-1.34%	-0.24%	★★★
83	Gold Bar	Zone 19	$409,100	25.62%	98.61%	117.96%	113.32%	109.17%	6.49%	19.41%	★★★
84	Regency Park	Zone 25	$410,200	42.82%	80.94%	110.18%	93.82%	101.97%	-0.17%	6.40%	★★★
85	Davidson Creek	Zone 25	$435,400	41.51%	82.33%	110.48%	94.07%	102.24%	0.00%	6.55%	★★★
86	Fulton Place	Zone 19	$350,300	26.47%	97.07%	117.26%	112.65%	108.52%	5.96%	17.39%	★★★
87	Queen Mary Park	Zone 08	$390,400	58.95%	64.74%	94.34%	105.67%	87.31%	-1.44%	4.19%	★★★
88	Braeside	Zone 24	$421,000	51.62%	71.53%	105.14%	91.17%	97.30%	-1.16%	5.43%	★★★
89	Woodbridge Farms	Zone 25	$339,500	37.04%	85.57%	113.39%	96.55%	104.93%	-0.05%	8.28%	★★★
90	Kirkness	Zone 35	$336,100	65.28%	57.48%	91.44%	100.98%	84.62%	-3.50%	3.13%	★★★
91	Pollard Meadows	Zone 29	$443,500	75.31%	47.30%	90.52%	86.96%	83.77%	-1.29%	-0.62%	★★★
92	Terrace Heights	Zone 19	$213,200	23.46%	98.46%	119.45%	114.75%	110.54%	7.15%	18.81%	★★★
93	Downtown	Zone 91	$297,500	99.61%	21.91%	57.42%	61.79%	53.14%	-4.05%	-2.69%	★★★
94	York	Zone 02	$256,500	87.19%	34.72%	80.12%	88.49%	74.15%	-4.43%	-1.13%	★★★
95	City Centre	Zone 91	$336,900	96.68%	24.85%	69.08%	74.34%	63.93%	-4.15%	-1.54%	★★★
96	Daly Grove	Zone 29	$321,000	75.00%	46.37%	90.74%	87.17%	83.97%	-1.29%	-0.77%	★★★
97	Weinlos	Zone 29	$502,100	83.41%	37.58%	86.45%	83.05%	80.01%	-2.10%	-1.74%	★★★
98	Lendrum Place	Zone 15	$319,300	20.52%	99.61%	135.23%	102.81%	125.15%	7.15%	23.18%	★★★
99	Northmount	Zone 02	$311,300	76.39%	44.60%	86.00%	94.97%	79.58%	-2.92%	-0.47%	★★★
100	Kensington	Zone 01	$439,000	86.27%	34.80%	83.84%	85.57%	77.59%	-4.39%	-2.32%	★★★
101	Forest Heights	Zone 19	$413,200	25.00%	93.06%	118.23%	113.58%	109.42%	1.64%	13.06%	★★★
102	Woodlands	Zone 24	$456,200	39.20%	79.01%	111.28%	96.50%	102.99%	-0.65%	6.80%	★★★
103	Holyrood	Zone 18	$251,600	20.52%	97.22%	122.87%	118.03%	113.71%	4.63%	18.43%	★★★
104	West Grove	Zone 91	$326,900	97.69%	20.45%	67.76%	72.92%	62.71%	-3.45%	-3.64%	★★★
105	Lago Lindo	Zone 28	$345,600	72.84%	44.83%	88.04%	97.23%	81.48%	-2.97%	-0.94%	★★★
106	Baranow	Zone 27	$317,200	65.90%	51.70%	93.08%	95.00%	86.14%	-1.43%	-1.76%	★★★
107	Evansdale	Zone 02	$305,000	77.39%	40.51%	85.43%	94.35%	79.06%	-3.65%	-0.56%	★★★
108	Meridian Heights	Zone 91	$435,500	85.65%	31.64%	82.14%	88.40%	76.02%	-4.03%	-1.42%	★★★
109	Strathearn	Zone 18	$322,100	26.16%	90.90%	117.29%	112.68%	108.55%	0.00%	14.45%	★★★
110	Prince Rupert	Zone 08	$349,800	74.54%	42.75%	86.75%	97.17%	80.28%	-1.47%	0.06%	★★★
111	Lee Ridge	Zone 29	$409,200	67.05%	50.08%	94.21%	90.50%	87.19%	-1.80%	-0.06%	★★★
112	Emerald Hills	Zone 25	$322,800	42.52%	73.69%	110.21%	93.84%	101.99%	1.51%	3.13%	★★½
113	Kiniski Gardens	Zone 29	$346,800	82.41%	34.26%	86.94%	83.52%	80.46%	-2.09%	-2.51%	★★½
114	Menisa	Zone 29	$324,100	68.52%	47.45%	93.40%	89.73%	86.44%	-1.62%	-0.52%	★★½
115	Meyokumin	Zone 29	$330,600	81.87%	33.95%	87.29%	83.85%	80.78%	-2.58%	-1.79%	★★½
116	Minchau	Zone 29	$476,800	78.70%	36.96%	89.04%	85.54%	82.40%	-2.39%	-1.55%	★★½
117	Capilano	Zone 19	$403,800	15.74%	99.31%	128.41%	123.36%	118.84%	8.19%	21.38%	★★½
118	Keheewin	Zone 16	$375,800	51.54%	63.50%	108.75%	82.68%	100.64%	-1.92%	1.69%	★★½
119	Belmead	Zone 20	$353,600	61.50%	53.40%	101.21%	86.22%	93.67%	-1.21%	0.11%	★★½
120	Ekota	Zone 29	$393,100	65.20%	49.77%	95.23%	91.49%	88.13%	-1.48%	-0.45%	★★½
121	Ermineskin	Zone 16	$313,000	56.79%	57.95%	105.87%	80.49%	97.98%	-1.21%	-0.38%	★★½
122	Kilkenny	Zone 02	$357,400	80.25%	34.49%	84.30%	93.10%	78.01%	-4.05%	-1.39%	★★½
123	Fraser	Zone 35	$361,600	57.10%	57.41%	96.26%	106.30%	89.08%	-3.25%	3.29%	★★½
124	Graybriar	Zone 91	$327,800	56.48%	57.48%	97.39%	104.80%	90.13%	0.33%	-1.58%	★★½
125	Overlanders	Zone 35	$311,100	72.22%	41.74%	88.28%	97.50%	81.70%	-3.22%	-0.79%	★★½
126	Wellington	Zone 01	$332,300	86.88%	27.16%	83.79%	85.52%	77.54%	-4.92%	-2.84%	★★½
127	Baturyn	Zone 27	$402,100	74.00%	39.35%	89.50%	91.35%	82.82%	-2.89%	-1.77%	★★½
128	Rideau Park	Zone 16	$344,700	52.70%	60.57%	108.30%	82.34%	100.22%	-1.45%	-0.10%	★★½
129	Elmwood	Zone 22	$335,800	75.54%	37.58%	92.84%	79.08%	85.91%	-1.60%	-1.85%	★★½
130	Dunluce	Zone 27	$346,000	72.15%	40.51%	90.44%	92.31%	83.70%	-3.26%	-1.21%	★★½
131	Hillview	Zone 29	$343,400	69.21%	43.52%	93.19%	89.52%	86.24%	-1.96%	-0.86%	★★½
132	Satoo	Zone 29	$328,900	70.83%	41.44%	92.49%	88.85%	85.59%	-2.33%	-1.07%	★★½
133	Kernohan	Zone 35	$322,600	71.30%	40.97%	88.58%	97.83%	81.98%	-4.11%	-0.27%	★★½
134	Woodhaven	Zone 91	$324,100	76.47%	35.73%	86.88%	93.50%	80.41%	-3.27%	-1.47%	★★½
135	Belmont	Zone 35	$403,500	74.00%	38.04%	87.29%	96.40%	80.78%	-3.34%	-1.10%	★★½
136	Duggan	Zone 16	$406,900	52.08%	59.03%	108.67%	82.62%	100.57%	-2.42%	1.00%	★★½
137	Deer Ridge	Zone 24	$314,500	42.36%	68.52%	109.59%	95.03%	101.42%	-0.71%	3.33%	★★½
138	Brookwood	Zone 91	$343,200	80.48%	30.63%	84.70%	91.15%	78.39%	-3.05%	-1.99%	★★½
139	Bisset	Zone 29	$313,500	71.14%	39.89%	92.43%	88.80%	85.54%	-1.61%	-1.61%	★★½
140	Forest Greens	Zone 25	$511,500	89.20%	21.06%	84.43%	71.89%	78.14%	-4.94%	-2.91%	★★½
141	Strathcona	Zone 15	$329,700	19.52%	90.05%	137.76%	104.74%	127.49%	0.10%	11.29%	★★½
142	Carlisle	Zone 27	$346,600	75.54%	33.72%	88.80%	90.63%	82.18%	-3.40%	-2.11%	★★½
143	Crawford Plains	Zone 29	$563,800	68.83%	40.35%	93.35%	89.68%	86.39%	-1.84%	-1.45%	★★½
144	Grandview Heights	Zone 15	$413,200	9.41%	98.84%	151.84%	115.45%	140.52%	6.36%	20.06%	★★½
145	Woodlands	Zone 91	$517,500	29.48%	79.01%	111.28%	119.76%	102.99%	-0.65%	6.80%	★★½
146	Garneau	Zone 15	$456,400	17.67%	90.35%	139.38%	105.97%	128.98%	0.62%	9.38%	★★½
147	Clover Bar Ranch	Zone 25	$440,300	22.30%	88.19%	122.92%	110.97%	113.75%	1.04%	7.72%	★★½
148	Aspen Trails	Zone 25	$391,100	29.94%	77.39%	118.58%	100.97%	109.74%	3.11%	3.28%	★★½
149	Legacy Park	Zone 91	$314,500	40.12%	67.36%	105.33%	113.35%	97.48%	3.33%	-1.31%	★★½
150	Glens The	Zone 91	$369,500	80.48%	26.77%	84.70%	91.15%	78.39%	-3.26%	-2.12%	★★½
151	Spruce Ridge	Zone 91	$483,700	53.09%	54.24%	99.52%	107.09%	92.10%	2.27%	-2.87%	★★½
152	Bonnie Doon	Zone 18	$293,400	14.43%	92.52%	130.27%	125.15%	120.56%	0.58%	15.11%	★★½
153	Lauderdale	Zone 01	$343,600	91.90%	15.74%	79.02%	80.65%	73.13%	-5.66%	-5.60%	★★½
154	Aspen Glen	Zone 91	$286,600	63.81%	43.06%	92.54%	99.59%	85.64%	0.41%	-3.10%	★★½
155	Mayfield	Zone 21	$358,300	93.52%	13.04%	77.19%	78.78%	71.43%	-4.28%	-4.37%	★★½
156	Lakewood	Zone 91	$441,000	57.79%	47.99%	96.50%	103.85%	89.30%	-0.06%	-2.40%	★★½
157	Westmount	Zone 07	$386,900	22.15%	82.56%	118.77%	121.23%	109.92%	0.11%	7.25%	★★½
158	Beaumaris	Zone 27	$459,900	45.37%	59.10%	104.20%	106.36%	96.43%	-1.63%	0.31%	★★½
159	Clarkdale Meadows	Zone 25	$469,200	25.00%	79.17%	123.86%	105.47%	114.63%	0.90%	4.05%	★★½
160	Lakeland Ridge	Zone 25	$439,600	23.15%	80.79%	126.37%	107.60%	116.95%	1.93%	5.49%	★★½
161	Malmo Plains	Zone 15	$454,500	37.04%	66.67%	118.39%	90.01%	109.57%	-1.68%	2.93%	★★½
162	Foxboro	Zone 25	$529,800	26.62%	77.16%	122.41%	104.23%	113.28%	1.07%	3.44%	★★½
163	Skyrattler	Zone 16	$327,800	15.43%	88.58%	142.69%	108.48%	132.05%	3.05%	7.49%	★★½
164	Southridge	Zone 91	$328,800	73.46%	30.56%	88.28%	95.01%	81.70%	-2.61%	-2.79%	★★½
165	Caernarvon	Zone 27	$437,600	76.16%	27.08%	88.55%	90.39%	81.95%	-4.53%	-2.61%	★★½
166	Greenfield	Zone 16	$376,900	38.35%	64.51%	117.86%	89.60%	109.07%	-2.17%	1.93%	★★½
167	Lynnwood	Zone 22	$369,900	60.34%	42.59%	101.51%	86.47%	93.94%	-2.33%	-0.74%	★★½
168	Aldergrove	Zone 20	$431,400	64.89%	37.96%	99.62%	84.87%	92.20%	-2.40%	-1.47%	★★½
169	Ormsby Place	Zone 20	$313,500	33.80%	68.67%	116.19%	98.98%	107.52%	-0.99%	2.86%	★★½
170	Forest Green	Zone 91	$400,900	81.33%	21.06%	84.43%	90.86%	78.14%	-4.94%	-2.91%	★★½
171	Royal Gardens	Zone 16	$374,800	53.24%	49.07%	107.97%	82.09%	99.92%	-3.81%	1.11%	★★½
172	The Fairways	Zone 91	$479,500	50.31%	51.70%	100.94%	108.63%	93.42%	1.30%	-2.98%	★★½
173	Foxhaven	Zone 25	$365,900	19.52%	81.02%	129.14%	109.96%	119.51%	0.52%	5.59%	★★½
174	Downtown	Zone 12	$334,000	52.47%	48.23%	98.55%	110.38%	91.20%	-1.40%	0.91%	★★½
175	West Meadowlark Park	Zone 22	$801,200	80.71%	19.98%	89.95%	76.63%	83.25%	-3.10%	-4.19%	★★½
176	Windsor Park	Zone 15	$334,000	0.54%	99.23%	215.78%	164.06%	199.69%	5.43%	26.87%	★★½
177	Thorncliffe	Zone 20	$393,100	80.71%	18.67%	89.95%	76.63%	83.25%	-5.84%	-2.37%	★★½
178	Canossa	Zone 27	$379,100	41.98%	57.41%	105.87%	108.06%	97.98%	0.00%	-1.13%	★★½
179	Greenview	Zone 29	$488,100	51.39%	48.07%	102.10%	98.08%	94.49%	-2.37%	-0.45%	★★½
180	Charlton Heights	Zone 25	$434,100	17.36%	81.64%	131.46%	111.93%	121.66%	-0.10%	6.60%	★★½
181	Lacombe Park	Zone 24	$331,000	31.94%	67.21%	116.91%	101.38%	108.20%	-1.36%	5.65%	★★½
182	High Park	Zone 21	$362,100	74.54%	24.85%	89.15%	90.99%	82.50%	-5.24%	-1.78%	★★½
183	Lymburn	Zone 20	$670,800	68.29%	30.71%	97.52%	83.08%	90.25%	-3.62%	-1.50%	★★½
184	Belgravia	Zone 15	$387,500	2.08%	96.14%	180.66%	137.36%	167.19%	3.18%	18.14%	★★½
185	Casselman	Zone 02	$388,000	41.05%	57.18%	104.36%	115.26%	96.58%	0.00%	-0.97%	★★½
186	Jamieson Place	Zone 20	$347,900	54.32%	43.36%	104.50%	89.02%	96.71%	-2.66%	-0.67%	★★½
187	Lorelei	Zone 27	$465,200	63.89%	33.80%	93.70%	95.64%	86.71%	-3.87%	-2.03%	★★½
188	Pineview	Zone 24	$378,000	22.69%	74.54%	125.29%	108.64%	115.95%	-0.15%	4.12%	★★½
189	Klarvatten	Zone 28	$371,600	45.60%	51.16%	101.80%	112.43%	94.21%	-1.84%	-1.10%	★★½
190	Hilldowns	Zone 91	$342,300	51.54%	44.83%	100.08%	107.70%	92.62%	0.81%	-3.46%	★★½
191	Heatherglen	Zone 91	$515,900	64.66%	30.94%	92.19%	99.21%	85.32%	-1.58%	-4.52%	★★½
192	Gariepy	Zone 20	$403,600	13.12%	82.41%	138.94%	118.36%	128.58%	-1.00%	7.82%	★★½
193	North Glenora	Zone 07	$463,100	36.27%	59.18%	108.70%	110.95%	100.59%	-1.37%	6.13%	★★½
194	Blue Quill	Zone 16	$330,600	29.24%	65.66%	124.72%	94.83%	115.42%	-1.15%	1.62%	★★½
195	Millgrove	Zone 91	$519,000	71.84%	22.76%	89.04%	95.82%	82.40%	-2.99%	-3.62%	★★½
196	Craigavon	Zone 25	$345,700	12.04%	82.18%	139.78%	119.02%	129.36%	1.09%	5.47%	★★½
197	Meadowlark Park	Zone 22	$377,700	74.77%	19.98%	93.11%	79.31%	86.16%	-3.84%	-3.11%	★★½
198	Callingwood North	Zone 20	$582,600	59.57%	34.49%	101.72%	86.66%	94.14%	-3.30%	-1.07%	★★½
199	Lansdowne	Zone 15	$381,100	7.56%	85.73%	156.91%	119.30%	145.21%	0.00%	7.61%	★★½
200	La Perle	Zone 20	$431,500	57.72%	35.80%	102.64%	87.44%	94.99%	-4.82%	-0.16%	★★½
201	Summerwood	Zone 25	$438,000	33.64%	59.49%	116.21%	98.95%	107.55%	1.79%	-1.78%	★★½
202	Heritage Lakes	Zone 24	$449,600	30.40%	62.89%	117.96%	102.29%	109.17%	-0.86%	2.36%	★★½
203	Bearspaw	Zone 16	$376,500	33.33%	59.88%	121.09%	92.06%	112.06%	-1.43%	-0.22%	★★½
204	Hollick-Kenyon	Zone 03	$338,500	47.15%	46.06%	101.40%	111.99%	93.84%	-2.36%	-1.00%	★★½
205	St. Andrews	Zone 91	$473,000	66.82%	25.31%	91.17%	98.11%	84.37%	-2.37%	-3.26%	★★
206	North Ridge	Zone 24	$546,700	20.14%	71.30%	127.39%	110.47%	117.89%	-0.76%	3.98%	★★
207	Heritage Hills	Zone 25	$531,500	8.33%	82.41%	147.24%	125.37%	136.26%	0.26%	6.09%	★★
208	The Ridge	Zone 25	$369,800	10.49%	80.17%	143.15%	121.89%	132.47%	0.36%	4.83%	★★
209	Miller	Zone 02	$612,100	51.16%	39.81%	99.60%	109.99%	92.17%	-2.32%	-2.01%	★★
210	Glenora	Zone 11	$323,400	3.47%	86.81%	164.85%	140.43%	152.56%	0.20%	9.13%	★★
211	Cavanagh	Zone 55	$369,300	86.03%	3.55%	87.10%	66.22%	80.61%	-6.15%	-7.23%	★★
212	Eaux Claires	Zone 28	$376,600	51.85%	37.58%	99.46%	109.84%	92.05%	-2.28%	-2.43%	★★
213	Cumberland	Zone 27	$398,600	50.93%	38.35%	101.43%	103.53%	93.87%	-2.36%	-2.36%	★★
214	Hudson	Zone 27	$469,700	39.58%	49.54%	107.35%	109.57%	99.35%	-1.68%	-1.56%	★★
215	Dechene	Zone 20	$538,700	22.76%	65.35%	126.50%	107.76%	117.07%	-1.32%	1.87%	★★
216	Ramsay Heights	Zone 14	$516,200	12.96%	74.85%	145.08%	110.31%	134.27%	0.06%	2.73%	★★
217	Erin Ridge	Zone 24	$586,300	12.27%	74.69%	139.03%	120.55%	128.66%	0.25%	4.22%	★★
218	Laurier Heights	Zone 10	$392,400	5.02%	81.79%	157.90%	134.51%	146.13%	-0.63%	7.56%	★★
219	Harvest Ridge	Zone 91	$393,500	39.43%	46.84%	105.68%	113.73%	97.80%	2.35%	-4.94%	★★
220	Lake Westerra	Zone 91	$305,300	38.43%	47.76%	105.98%	114.05%	98.08%	1.50%	-4.63%	★★
221	Canon Ridge	Zone 35	$337,600	83.56%	2.16%	82.22%	90.81%	76.09%	-9.03%	-7.34%	★★
222	Paisley	Zone 55	$475,300	80.25%	4.71%	90.92%	69.13%	84.14%	-5.65%	-7.02%	★★
223	Parkview	Zone 10	$520,700	20.91%	63.43%	128.01%	109.05%	118.47%	-1.53%	2.46%	★★
224	Nottingham	Zone 25	$405,400	11.57%	71.60%	140.24%	119.41%	129.78%	0.33%	1.46%	★★
225	Elsinore	Zone 27	$375,900	35.34%	47.07%	109.18%	111.44%	101.04%	-1.84%	-2.05%	★★
226	Jackson Heights	Zone 29	$571,900	54.24%	28.09%	101.24%	97.26%	93.69%	-2.84%	-2.99%	★★
227	Crestwood	Zone 10	$556,600	7.48%	74.85%	154.03%	124.07%	142.54%	-0.94%	4.32%	★★
228	Erin Ridge North	Zone 24	$364,400	7.64%	73.92%	149.91%	129.99%	138.73%	0.65%	3.36%	★★
229	McQueen	Zone 21	$398,800	57.33%	24.00%	98.14%	100.17%	90.82%	-4.26%	-2.20%	★★
230	Oxford	Zone 27	$373,500	39.27%	41.05%	107.41%	109.63%	99.40%	-2.18%	-2.25%	★★
231	Heritage Estates	Zone 91	$487,200	50.69%	27.24%	100.59%	108.25%	93.09%	-1.76%	-4.18%	★★
232	Rio Terrace	Zone 22	$385,900	17.67%	60.03%	131.21%	111.78%	121.43%	-2.64%	2.01%	★★
233	Crystallina Nera West	Zone 28	$399,600	41.90%	35.88%	103.93%	114.78%	96.18%	-2.16%	-3.36%	★★
234	Carlton	Zone 27	$714,800	38.81%	37.89%	107.62%	109.85%	99.60%	-2.49%	-2.49%	★★
235	Cloverdale	Zone 18	$378,400	0.69%	75.77%	192.51%	184.94%	178.16%	-0.07%	3.64%	★★
236	Ebbers	Zone 02	$384,100	45.29%	31.33%	101.91%	112.55%	94.31%	-2.70%	-3.72%	★★
237	Brintnell	Zone 03	$461,600	42.28%	33.95%	103.45%	114.25%	95.73%	-2.39%	-2.66%	★★
238	Steinhauer	Zone 16	$577,800	29.86%	45.76%	124.32%	94.52%	115.05%	-3.17%	-0.62%	★★
239	Brander Gardens	Zone 14	$408,600	6.40%	69.37%	155.62%	126.70%	144.01%	-1.75%	3.94%	★★
240	Rapperswill	Zone 27	$388,500	33.87%	40.90%	110.05%	112.32%	101.84%	-1.97%	-2.64%	★★
241	Belle Rive	Zone 28	$691,000	40.35%	34.26%	104.63%	115.55%	96.83%	-2.31%	-3.36%	★★
242	Donsdale	Zone 20	$375,400	1.31%	73.23%	186.10%	158.54%	172.23%	-1.06%	3.91%	★★
243	Suder Greens	Zone 58	$512,100	62.11%	11.88%	101.10%	86.13%	93.57%	-3.92%	-5.82%	★★
244	Blue Quill Estates	Zone 16	$351,200	19.14%	54.71%	137.92%	104.86%	127.64%	-4.69%	1.51%	★★
245	High Park	Zone 91	$429,700	60.11%	13.58%	94.59%	101.79%	87.53%	-4.02%	-5.59%	★★
246	Patricia Heights	Zone 22	$512,400	34.49%	38.81%	115.73%	98.59%	107.10%	-3.20%	-0.53%	★★
247	Oakmont	Zone 24	$400,000	13.12%	60.03%	138.00%	119.67%	127.71%	-0.54%	1.83%	★★
248	Cy Becker	Zone 03	$532,800	35.49%	37.19%	107.73%	118.98%	99.70%	-1.98%	-3.38%	★★
249	Hodgson	Zone 14	$443,700	14.58%	57.56%	143.50%	109.10%	132.80%	-1.10%	-0.54%	★★
250	Blackburne	Zone 55	$593,500	35.11%	36.57%	119.50%	90.85%	110.59%	-1.00%	-3.00%	★★
251	Westridge	Zone 22	$420,500	4.48%	67.13%	159.84%	136.17%	147.93%	-2.24%	4.49%	★★
252	McConachie Area	Zone 03	$390,700	26.54%	44.60%	113.25%	125.07%	104.81%	-1.94%	-2.14%	★★
253	Macewan	Zone 55	$364,000	58.02%	13.12%	105.22%	80.00%	97.38%	-4.43%	-5.42%	★★
254	Silver Berry	Zone 30	$417,300	61.03%	8.87%	98.03%	94.18%	90.72%	-5.53%	-5.82%	★★
255	Terwillegar Towne	Zone 14	$405,900	45.52%	23.92%	112.39%	85.45%	104.01%	-4.33%	-3.38%	★★
256	Breckenridge Greens	Zone 58	$345,600	44.29%	25.00%	109.32%	93.13%	101.17%	-2.55%	-3.10%	★★
257	Clareview Town Centre	Zone 35	$518,300	62.04%	7.41%	93.08%	102.79%	86.14%	-6.77%	-5.78%	★★
258	Brookside	Zone 14	$383,000	17.36%	51.23%	139.59%	106.13%	129.18%	-2.96%	-0.06%	★½
259	Glastonbury	Zone 58	$381,800	56.48%	12.04%	103.15%	87.87%	95.46%	-4.63%	-5.46%	★½
260	Larkspur	Zone 30	$430,100	50.39%	17.75%	102.83%	98.78%	95.16%	-4.00%	-4.24%	★½
261	Deer Park	Zone 91	$602,900	24.92%	42.67%	115.84%	124.66%	107.20%	0.82%	-3.91%	★½
262	Wedgewood Heights	Zone 20	$638,900	3.78%	63.27%	162.38%	138.32%	150.27%	-1.73%	3.18%	★½
263	Riverdale	Zone 13	$359,100	2.24%	64.35%	172.07%	192.73%	159.24%	-6.91%	7.85%	★½
264	Stoneshire	Zone 91	$420,300	57.48%	8.72%	96.71%	104.08%	89.50%	-4.47%	-5.80%	★½
265	South Terwillegar	Zone 14	$526,600	44.44%	21.22%	113.20%	86.06%	104.76%	-4.15%	-3.87%	★½
266	Aspen Gardens	Zone 16	$562,800	15.97%	49.69%	141.83%	107.83%	131.25%	-3.25%	-0.79%	★½
267	Rhatigan Ridge	Zone 14	$407,600	10.11%	55.32%	151.58%	115.24%	140.27%	-2.58%	0.91%	★½
268	Willow Park	Zone 91	$600,500	32.48%	33.02%	109.78%	118.13%	101.59%	-0.68%	-4.65%	★½
269	Westbrook Estate	Zone 16	$412,200	5.86%	57.72%	161.73%	122.96%	149.67%	-2.41%	0.96%	★½
270	Rutherford	Zone 55	$435,100	47.45%	14.74%	111.02%	84.40%	102.74%	-4.12%	-5.20%	★½
271	Schonsee	Zone 28	$401,400	23.07%	39.58%	117.18%	129.42%	108.45%	-1.76%	-3.20%	★½
272	Matt Berry	Zone 03	$400,400	34.57%	27.62%	108.11%	119.39%	100.05%	-2.29%	-4.38%	★½
273	Chappelle Area	Zone 55	$375,500	53.55%	8.49%	107.84%	81.99%	99.80%	-5.10%	-6.05%	★½
274	Ellerslie	Zone 53	$398,100	54.94%	6.40%	101.13%	97.15%	93.59%	-5.56%	-6.92%	★½
275	Edgemont	Zone 57	$377,100	55.02%	7.02%	107.22%	81.52%	99.22%	-5.53%	-6.20%	★½
276	Wild Rose	Zone 30	$367,700	52.85%	8.41%	101.56%	97.57%	93.99%	-4.89%	-6.54%	★½
277	Maple	Zone 30	$503,100	59.18%	1.39%	99.03%	95.13%	91.65%	-7.47%	-10.10%	★½
278	Twin Brooks	Zone 16	$513,400	20.22%	39.97%	135.50%	103.02%	125.39%	-3.71%	-1.78%	★½
279	Haddow	Zone 14	$415,600	18.60%	41.44%	138.27%	105.13%	127.96%	-1.97%	-2.38%	★½
280	Hamptons, The	Zone 58	$481,300	39.20%	20.76%	111.93%	95.35%	103.59%	-3.10%	-4.50%	★½
281	Leger	Zone 14	$382,700	24.38%	34.65%	129.63%	98.55%	119.96%	-3.97%	-2.29%	★½
282	Tamarack	Zone 30	$447,400	49.69%	9.26%	103.07%	99.02%	95.39%	-5.46%	-6.45%	★½
283	Sweet Grass	Zone 16	$472,900	33.64%	24.77%	120.50%	91.61%	111.51%	-3.99%	-2.68%	★½
284	Albany	Zone 27	$388,800	15.66%	42.36%	127.36%	130.00%	117.87%	-1.70%	-3.03%	★½
285	Charlesworth	Zone 53	$560,300	46.76%	11.03%	104.71%	100.59%	96.91%	-5.26%	-5.75%	★½
286	Cameron Heights	Zone 20	$446,300	7.72%	49.69%	150.90%	128.55%	139.65%	-3.11%	-0.11%	★½
287	Chambery	Zone 27	$396,200	21.30%	35.88%	120.20%	122.69%	111.24%	-2.77%	-2.19%	★½
288	Pembina	Zone 27	$420,200	40.43%	15.97%	106.71%	108.91%	98.75%	-3.90%	-5.73%	★½
289	Ozerna	Zone 28	$426,700	27.16%	28.16%	113.17%	124.98%	104.73%	-3.58%	-3.07%	★½
290	Webber Greens	Zone 58	$377,000	35.57%	18.44%	114.92%	97.90%	106.35%	-4.82%	-5.39%	★½
291	Laurel	Zone 30	$393,500	53.16%	0.93%	101.54%	97.54%	93.96%	-7.62%	-10.17%	★½
292	Rosenthal	Zone 58	$631,700	50.54%	3.24%	105.98%	90.28%	98.08%	-5.86%	-7.82%	★½
293	Ogilvie Ridge	Zone 14	$578,000	4.17%	49.07%	170.13%	129.35%	157.45%	-2.59%	-0.74%	★½
294	Bulyea Heights	Zone 14	$410,100	8.10%	44.52%	155.67%	118.35%	144.06%	-2.97%	-1.37%	★½
295	Secord	Zone 58	$419,000	41.67%	10.88%	110.45%	94.09%	102.21%	-4.92%	-5.64%	★½
296	Mayliewan	Zone 28	$412,200	27.55%	24.92%	112.85%	124.63%	104.43%	-2.76%	-3.77%	★½
297	Glenridding Area	Zone 56	$643,500	47.45%	3.86%	111.02%	84.40%	102.74%	-5.76%	-7.27%	★½
298	Oleskiw	Zone 22	$389,000	2.39%	46.60%	173.31%	147.64%	160.39%	-3.55%	1.34%	★½
299	Orchards At Ellerslie, The	Zone 53	$426,600	46.45%	1.39%	104.77%	100.65%	96.96%	-7.51%	-10.02%	★½
300	Graydon Hill	Zone 55	$472,400	42.52%	5.09%	114.89%	87.35%	106.33%	-5.72%	-6.84%	★½
301	Blackmud Creek	Zone 55	$589,100	27.24%	20.14%	127.23%	96.73%	117.74%	-3.34%	-4.31%	★½
302	Kingswood	Zone 24	$454,800	4.55%	42.44%	158.66%	137.58%	146.83%	-1.57%	-0.96%	★½
303	Griesbach	Zone 27	$486,700	18.98%	27.93%	122.49%	125.02%	113.36%	-1.86%	-5.56%	★½
304	Ambleside	Zone 56	$447,300	23.23%	23.23%	131.08%	99.66%	121.31%	-3.11%	-3.78%	★½
305	Starling	Zone 59	$395,300	20.99%	24.61%	120.47%	122.96%	111.49%	0.00%	-6.46%	★½
306	Walker	Zone 53	$462,400	43.21%	2.08%	106.46%	102.28%	98.53%	-7.14%	-9.25%	★½
307	Linkside	Zone 91	$538,000	16.90%	27.85%	124.54%	134.02%	115.25%	-0.82%	-5.61%	★
308	Falconer Heights	Zone 14	$695,800	13.35%	30.79%	144.90%	110.16%	134.09%	-3.34%	-2.02%	★
309	MacTaggart	Zone 14	$403,000	1.31%	42.28%	187.40%	142.48%	173.42%	-4.01%	0.46%	★
310	Summerside	Zone 53	$439,600	39.97%	3.24%	108.54%	104.27%	100.45%	-6.39%	-8.28%	★
311	Allard	Zone 55	$563,200	37.04%	6.10%	118.39%	90.01%	109.57%	-5.52%	-6.63%	★
312	Carter Crest	Zone 14	$433,800	9.72%	30.94%	151.68%	115.32%	140.37%	-3.79%	-2.56%	★
313	Stewart Greens	Zone 58	$495,400	33.10%	4.94%	116.83%	99.53%	108.12%	-5.70%	-6.95%	★
314	Potter Greens	Zone 58	$497,800	16.36%	19.29%	133.42%	113.66%	123.48%	-4.55%	-3.41%	★
315	Callaghan	Zone 55	$497,500	21.06%	10.73%	134.07%	101.93%	124.07%	-5.52%	-5.36%	★
316	Keswick Area	Zone 56	$475,900	21.37%	9.34%	133.99%	101.87%	124.00%	-5.62%	-5.51%	★
317	Granville	Zone 58	$449,700	20.52%	9.49%	128.17%	109.19%	118.62%	-5.35%	-5.71%	★
318	Hawks Ridge	Zone 59	$662,200	20.06%	6.56%	121.12%	123.62%	112.09%	-5.55%	-6.39%	★
319	Estates of Sherwood	Zone 25	$474,700	1.85%	23.84%	178.35%	151.86%	165.05%	0.41%	-7.23%	★
320	Trumpeter Area	Zone 59	$634,000	15.12%	8.02%	127.85%	130.49%	118.32%	-5.51%	-5.87%	★
321	Magrath Heights	Zone 14	$575,800	3.78%	18.29%	170.75%	129.82%	158.02%	-4.30%	-3.40%	★
322	Windermere	Zone 56	$535,700	8.80%	8.49%	155.08%	117.90%	143.51%	-5.22%	-5.98%	½
323	Henderson Estates	Zone 14	$649,500	13.97%	0.31%	144.28%	109.69%	133.52%	-13.81%	-12.57%	½

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

Edmonton’s top 3 neighbourhoods to buy

1. Montrose

This year neighbourhoods in central and the northern Edmonton topped the list, with Montrose, in Northeast Edmonton, taking the No. 1 spot this year.

“Typically, neighbourhoods in northeast Edmonton are less desirable because they are closer to the refineries,” explains Peter Fuchschuber, an Edmonton-based Zolo real estate agent. But Montrose is near the North Saskatchewan River and just below the Yellowhead Highway, which is part of the Trans-Canada Highway. “Being close to the highway and the river is a big plus,” Fuchshuber says.

Demand for this area shows in the numbers. Despite the overall slump in sales activity in Edmonton, homes in the Montrose area are selling for 97% of their list price. “It certainly shows that demand is meeting supply, which is a real issue these days.”

2. Alberta Avenue

Five of the top 10 neighbourhoods on this year’s list are located in Central Edmonton—including Alberta Avenue, which secured the No. 2 spot partly because the $269,500 average price for old, outdated homes in this area make it an ideal spot to “buy, rip-down and rebuild,” Fuchshuber explains. Flippers and custom builders have also realized this, however, and now home buyers looking in this community can choose between the DIY route, or buying a “skinny-house infill,” says Fuchshuber. “I find many families are turned off by the traffic, but for those who want to be right downtown, this is a great community.”

McCauley, Delton, Eastwood and Parkdale are other top 10 neighbourhoods to look into. Again, the housing stock in these communities tends to be dated, making it ideal for those who don’t mind putting in the work to update and remodel, in exchange for a better deal on their purchase price.

3. Prince Charles

Prince Charles in northwest Edmonton is experiencing a bit of a surge in value because of city plans for Blatchford, the old city-centre airport. This 536-acre plot of land is just north of downtown and the city has approved plans for the redevelopment of this area into a mixed-use urban community. “The city plans to build low-energy neighbourhoods comprised mostly of condos and townhouses, although there may be some single-family homes,” Fushshuber says. “These plans are fancy, and include the construction of a canal, and [will] utilize the most technically advanced housing construction methods currently available.”

The pre-selling of Blatchford has meant that surrounding communities, like Prince Charles, are also getting a boost. And as a veteran realtor, Fuchshuber has his own shortlist of good buys in 2019. “McKernon is my number one pick because houses are just snapped up in this area. It’s really close to the university and not too far from the river.”

A close runner-up for Fuchshuber are the communities in the Heritage Valley District, such as Chappelle, Cavanagh, McQueen, and Rutherford. “The planned LRT line that will run through these communities is scheduled for completion in five years and the access to this public transit system will really boost housing values in this area.”

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