Edmonton’s Best Mature but Still Affordable Neighbourhoods

A few weeks ago we listed the best neighbourhoods in Edmonton for families, based on a number of criteria we established. A number of people pointed out that there were very few mature neighbourhoods on the list, and this was mostly due to affordability. So, we decided to create our list of the best affordable, mature neighbourhoods in Edmonton. 

Front
Westmount Home

To create the list, we started by limiting the list to neighbourhoods with lots of sales in the $300k-$450k price range. These sales had to be single family homes that were built in 1975 or sooner. We then considered resale-ability, the attractiveness of the neighbourhood and where it is at in its life cycle (is it currently a nice place to live).A few of the neighbourhoods on the list were not what I would have considered affordable (McKernan for example). However, each community had numerous sales of reasonably priced homes in good condition, so they made the list.

So, without further ado, here is our list:

  • Westmount
  • Strathearn
  • Strathcona
  • Royal Gardens
  • Rio Terrace
  • Queen Alexandra
  • Pleasantview
  • Parkview
  • Parkallen
  • Ottewell
  • North Glenora
  • Meadowlark Park
  • McKernan
  • Malmo Plains
  • Lynwood
  • Lendrum Place
  • King Edward Park
  • Holyrood
  • Highlands
  • Hazeldean
  • Greenfield
  • Gold Bar
  • Glenora
  • Fulton Place
  • Forest Heights
  • Elmwood
  • Capilano
  • Bonnie Doon
  • Avonmore
  • Allendale

View homes for sale in Edmonton’s best mature neighbourhoods.

About

Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara’s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.

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13 Responses to “Edmonton’s Best Mature but Still Affordable Neighbourhoods”

  1. GBNo Gravatar 31. Oct, 2012 at 3:43 pm #

    Allendale is a superb neighborhood to live.Good choice for the list. Affordable homes that are mostly kept very nice. Good mix of people. Mainly, it is absolutely central to most that is Edmonton, and easy access to main roads make it quick to get most anything you need. Plus whyte ave is just far enough away, but yet so close.

    Yes I live here!

  2. wsnNo Gravatar 31. Oct, 2012 at 4:33 pm #

    Again, as with the thread for new neighborhood, I have to point out that

    “limiting the list to neighbourhoods with lots of sales”

    only select good neighborhoods for Realtors, because more sales = $$$.

    Good neighborhoods have far fewer sales than bad ones, because of low supply. Same with the job market, if a company has a very high turn-over rate as compared to others, I wouldn’t call it a good place to work.

    • A commong guyNo Gravatar 31. Oct, 2012 at 6:17 pm #

      Not that I agree with wsn very often, but s/he is right in that many sales in a neighborhood isn’t really a plus sign (people wanting to move from there).

      Another good neighborhood not on the list (could be because of the price) is Aspen Gardens…

    • Sara MacLennanNo Gravatar 31. Oct, 2012 at 7:52 pm #

      If that were true then we wouldn’t have limited the neighbourhoods to “affordable.” We limited the list to neighbourhoods with a minimum number of sales under $450k, and those sales had to be decent homes not tear downs.

    • GMNo Gravatar 01. Nov, 2012 at 2:04 am #

      I have to agree with wsn. Good point.

  3. wsnNo Gravatar 31. Oct, 2012 at 4:41 pm #

    Also intriguing that some very popular names are missing:
    1) Belgravia
    2) Grandview
    3) Brander Garderns (i.e. old Riverbend)

    They are very sort after areas. Not exactly cheap places, but if Glenora can make the list, no area in the city should be excluded from the list based on price.

    • Sara MacLennanNo Gravatar 31. Oct, 2012 at 7:52 pm #

      They are left out simply because of price, I agree those are great neighbourhoods but there are practically no homes there under $450k.

  4. bubuNo Gravatar 31. Oct, 2012 at 9:17 pm #

    Show me a no tear down in Glenora under $450k… I can’t find one….

    • Sara MacLennanNo Gravatar 31. Oct, 2012 at 9:29 pm #

      link to edmontonrealestate.pro

      • wsnNo Gravatar 01. Nov, 2012 at 3:58 pm #

        There is exactly one SFH in your link under $450k. E3318411. Built in 1941 and at 934sf, one house away from Stony Plain Road. Asking $439k.

        But guess what, you win!

        In other news, in the neighborhood of Lansdowne there is a 1516sf house built in 1967. MLS#: C3543647. But it’s considered not affordable because it’s asking $469k.

        • Sara MacLennanNo Gravatar 01. Nov, 2012 at 7:35 pm #

          It’s based on sale price, not asking price. A number of the homes in that link (when I posted it anyway) are within negotiating range of $450k.

      • bubuNo Gravatar 01. Nov, 2012 at 6:09 pm #

        is this where the train is passing through your garden?:)

        you said “built in 1975 or sooner”

  5. Inspector GadgetNo Gravatar 01. Nov, 2012 at 12:56 pm #

    I live in one of the areas on the list and own a rental in another. I prefer inner ciity of the burbs, but they also have downsides.
    Grandview is an island..which is great for some reasons but bad for others. The walk score is a big fat zero.
    Old riverbend is a slave to the Whitemud to get anywhere.
    Belgravia traffic has become a nightmare to get in and out during peak times due to the train crossings.
    Allendale is a very busy area traffic wise, but great location. Parkallen is a very well located area (no train issues as they used underpasses at 61 Ave and Belgravia road….and with no through streets.
    Problem with many of these areas (and I know from living in them), is that there are lots of really crappy unkept properties. Mostly rentals paid off long ago and the slum lords don’t give a crap what they look like. Some are even abandoned and unliveable. It is a shame so many people take no pride in their properties and are just in it for the money.