Edmonton's Top Ten Neighbourhoods
When it comes to amazing neighbourhoods in Edmonton, we know each and every one has its merits. Some offer close proximity to essential family amenities such as Edmonton schools, while others sit just steps away from Edmonton's vibrant nightlife (pubs, restaurants etc.). As an Edmonton home buyer, no doubt amenities are a top priority. However, there are three (often overlooked) factors you’ll want to consider before deciding on an Edmonton neighbourhood to call home. These include:
Home Values - Getting the best value for your hard-earned money (based on prices in neighbouring areas)
Price Momentum -The likelihood of price acceleration and a larger return on your investment (based on current trends)
REALTOR® Grade –How Edmonton REALTOR®S® rate the neighbourhood*(based on a 5-star scale)
So, if you’re a savvy Edmonton home buyer looking to capitalize on your home purchase now and later, these top ten Edmonton neighbourhoods** will offer you the most bang for your buck:
1) Downtown St. Albert – St. Albert, AB.
Average Home Price (2017): $294,567
Value: 84%
Momentum Rate: 57%
Edmonton REALTOR®® Grade: 4.5/5
2) Oliver - Central Edmonton
Average Home Price (2017): $313,570
Value: 56%
Momentum Rate: 80%
Edmonton REALTOR®® Grade: 5/5
3) Strathcona – Southwest Edmonton
Average Home Price (2017): $412,513
Value: 49%
Momentum Rate: 85%
Edmonton REALTOR®® Grade: 4.5/5
4) West Meadowlark Park - West Edmonton
Average Home Price (2017): $275,644
Value: 88%
Momentum Rate: 81%
Edmonton REALTOR®® Grade: 3/5
5) Pembina - Northwest Edmonton
Average Home Price (2017): $235,179
Value: 93%
Momentum Rate: 69%
Edmonton REALTOR®® Grade: 3.5/5
6) Pleasantview – Southwest Edmonton
Average Home Price (2017): $390,816
Value: 58%
Momentum Rate: 88%
Edmonton REALTOR®® Grade: 4/5
7) Royal Gardens - Southwest Edmonton
Average Home Price (2017): $341,786
Value: 69%
Momentum Rate: 82%
Edmonton REALTOR®® Grade: 4/5
8) Canora – Northwest Edmonton
Average Home Price (2017): $293,391
Value: 77%
Momentum Rate: 96%
Edmonton REALTOR®® Grade: 3/5
9) Westmount – Northwest Edmonton
Average Home Price (2017): $439,242
Value: 27%
Momentum Rate: 96%
Edmonton REALTOR®® Grade: 5/5
10) Inglewood (St. Albert)- St. Albert, AB
Average Home Price (2017): $348,057
Value: 68%
Momentum Rate: 84%
Edmonton REALTOR®® Grade: 3.5/5
While the above values represent the latest expert findings from MoneySense.ca, when it comes to finding your perfect Edmonton neighbourhood, nothing beats the true expertise of a qualified Edmonton REALTOR®®. Whether you’re considering buying a home in Edmonton or simply looking for ways to improve your current home’s value, we have all the information you need to help get your started!
Thinking of buying a home in Edmonton? Check out our mortgage calculator, personalized Edmonton home search and our latest Edmonton MLS® listings.
*REALTOR®S® as surveyed by MoneySense.ca
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