$950,000
Address available upon request
Edmonton, Alberta
RE/MAX Real Estate
land in Edmonton
Browse 27 active listings
Market Analysis
In Edmonton, the land market attracts a diverse group of buyers, from young families looking to build their dream home to seasoned investors eyeing potential development projects. Areas like Windermere and Terwillegar are particularly appealing for families, offering proximity to excellent schools such as Dr. Anne Anderson School and ample parks like the Terwillegar Park. Investors are drawn to neighborhoods like Downtown Edmonton, where there’s a growing demand for multi-family dwellings, given the urban lifestyle and amenities. The balanced market conditions mean that buyers can find a variety of options that cater to different lifestyles, whether they prioritize space for family growth or the convenience of city living.
Price Insights
In the segment under $1,500,000, Edmonton's land offerings provide significant value. For a median price of $649,000, buyers can expect to find sizable lots in desirable neighborhoods such as Glenora and Crestwood, often exceeding 5,000 square feet. For example, a prime piece of land on 142 Street NW could be an excellent option for those looking to construct a custom home near prestigious schools and lush green spaces. As prices average around $678,193, options expand to include more central locations where buyers can invest in land plots suited for commercial or mixed-use development, especially near transit routes like the LRT in the Norwood area.
Available Properties
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About This Property Type
Lands in Edmonton are characterized by their diverse zoning and uses, ranging from residential lots to potential commercial sites. For example, properties in neighborhoods like Old Strathcona might cater to buyers interested in mixed-use or multi-family developments, while those in rural locations such as Parkland County offer vast plots ideal for agriculture or recreational use. The city’s planning regulations allow for varied developments, empowering buyers to explore different project ideas. Whether it's a quaint lot on 115 Avenue NW or a larger parcel near the North Saskatchewan River, the land types are as varied as the interests of the buyers themselves.
Location Highlights
Edmonton stands out as a vibrant urban center, rich in culture, outdoor spaces, and educational institutions. The city is home to landmarks like the West Edmonton Mall, offering unparalleled shopping experiences, and natural treasures like the River Valley Parks, one of North America’s largest urban park systems. Neighborhoods like Strathcona and Oliver provide a mix of historical charm and modern amenities, complete with cafes, restaurants, and quick access to the Edmonton Transit Service. The city’s commitment to community development is apparent through its world-class recreational facilities, such as the Kinsmen Sports Centre, making it an attractive place for families and young professionals alike.
Investment Advice
Investing in land in Edmonton is a strategic move amidst a balanced market. With steady growth indicators and a population that values suburban living, purchasing land now could yield significant returns in the future, particularly in emerging neighborhoods like Griesbach or the Blatchford development area. The city's ongoing infrastructure projects and urban revitalization efforts suggest a promising trajectory for land value appreciation. Buyers should consider the long-term potential and zoning possibilities for their chosen properties, ensuring that their investment aligns with future growth trends in the city.
Buying Tips
When purchasing land in Edmonton, conducting thorough due diligence is paramount. Start by researching zoning regulations and land use designations, especially if you plan to develop. Engaging a local real estate agent familiar with the area, such as one who specializes in neighborhoods like Lendrum Place or Highlands, can provide invaluable insights and help navigate the buying process. Additionally, assess the proximity to essential amenities like schools, public transport, and parks, which can significantly impact future property values. Finally, consider the environmental aspects of the land, such as drainage and soil quality, to ensure your investment is sound.
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Frequently Asked Questions About Edmonton
How many land listings are for sale in Edmonton?
There are currently 27 land listings listed for sale in Edmonton on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are land listings updated in Edmonton?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.