$138,800
9220 - 114 Avenue
Edmonton, Alberta
NAI Commercial Real Estate Inc
MLS® 43886643
land in Edmonton
Browse 10 active listings
Market Analysis
The market for land in Edmonton attracts a diverse array of buyers, including young families, investors, and those looking to build custom homes. Neighborhoods like Windermere and Terwillegar are catching the eye of families wanting to settle down in communities that offer excellent schools, parks, and recreational facilities. Investors are also keen on areas like Rossdale and Strathearn, where the potential for future development is high, driven by the city's ongoing urban revitalization. These buyers often prioritize proximity to amenities like shopping centers, such as Southgate Centre and West Edmonton Mall, along with access to public transit, making life convenient and enjoyable. Lifestyle choices in these areas are varied, from peaceful suburban living in neighborhoods like Summerside to the vibrant urban feel of districts close to the downtown core. Buyers are often drawn to the outdoor lifestyle Edmonton provides, with places like the river valley offering extensive walking and biking trails, perfect for active individuals and families alike.
Price Insights
Under $750,000, buyers can find a variety of land options in Edmonton, from larger lots in the suburbs to smaller parcels closer to the city center. For instance, a plot of land on 34 Avenue in the newer community of The Orchards may start around $250,000, offering a canvas for a custom home in a family-friendly environment. On the other hand, buyers exploring areas like Glenora might find smaller lots priced around $600,000, allowing for an upscale dwelling within walking distance to the picturesque river valley. The median price of $492,000 means that many buyers can expect to secure quality land that aligns with their lifestyle and investment goals. Whether looking for a quiet retreat or a location for a growing business, the steady options available in Edmonton's balanced market create opportunities for various buyer profiles.
Available Properties
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About This Property Type
Lands in Edmonton come in various forms, including residential, commercial, and mixed-use properties. Residential land typically features lots in planned communities like Chappelle Gardens, where amenities are integrated into the neighborhood design, including parks and schools. Commercial land, particularly in burgeoning areas such as Fort Saskatchewan Road, offers promising opportunities for retail developments that cater to the growing population. Each parcel of land often includes specific zoning regulations that determine how it can be utilized, so understanding these nuances is essential for buyers. The city's zoning bylaw provides guidelines on residential density and commercial usage, allowing buyers to make informed decisions about their investments.
Location Highlights
Edmonton stands out not just for its robust economy but also for its cultural vibrancy and amenities. The city's extensive river valley parks system, with over 7,400 hectares of parkland, is a significant draw for those who appreciate an active lifestyle. Communities like Old Strathcona and Whyte Avenue offer a vibrant arts scene, with numerous galleries, theaters, and festivals that enrich the local culture. Moreover, proximity to quality education is a highlight for families; neighborhoods such as Terwillegar boast highly-rated schools like Lillian Osborne High School. The comprehensive public transit system provides easy access to downtown, making Edmonton a convenient city for both work and leisure.
Investment Advice
Investing in land in Edmonton, particularly in this price range, can be a smart decision. The city's balanced market conditions indicate stability, which is essential for long-term investments. With a steady population growth rate and a diversifying economy, Edmonton's land values are expected to appreciate, especially in developing neighborhoods like Edgemont and Maple. Furthermore, the city's commitment to infrastructure improvements and urban development projects enhances the attractiveness of land investments. As more amenities and services emerge in these areas, the potential for resale value increases, making land not just a place to build but a sound investment for the future.
Buying Tips
When purchasing land in Edmonton, conducting thorough research is paramount. Start by identifying the neighborhoods that resonate with your lifestyle and investment goals—whether it's the family-centric vibe of Summerside or the urban convenience of Downtown. Engage with a local real estate agent who specializes in land transactions to navigate zoning regulations and development potential effectively. Additionally, consider visiting the sites of your interest multiple times at different times of day to assess factors like traffic patterns and neighborhood dynamics. It may also be beneficial to consult with city planners for insights into upcoming developments or infrastructure improvements that could affect land value. By arming yourself with local knowledge and expert guidance, you can make confident, informed decisions.
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Frequently Asked Questions About Edmonton
How many land listings are for sale in Edmonton?
There are currently 10 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.