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Land For Sale in Bannerman, Edmonton

0 Land For Sale in Bannerman, Edmonton

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Bannerman Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$416,700
Difference over last year (%)
-0.1

Bannerman

The neighbourhood of Bannerman can be found in the city of Edmonton, Alberta, which is located in the Greater Edmonton metropolitan area.

Transportation

Bannerman is car friendly. It is easy to park. On the other hand, commuting by transit can be occasionally challenging in Bannerman by reason of the infrequent service. Nonetheless, there are a few bus lines crossing the neighbourhood, and bus stops are usually very close by. Traveling as a pedestrian is not particularly feasible for property owners in Bannerman as many daily needs are sometimes challenging to carry out without a vehicle. In contrast, Bannerman is rather appropriate for cycling since this part of the city boasts good bicycling infrastructure, and there are few hills to confront cyclists.

Services

The nearest grocery store in this part of Edmonton is generally only a rather short walk away. In addition, Bannerman is a good place in which to eat out, and residents benefit from a few cafes as well. Residents can find a fair number of nearby clothing stores. As far as education is concerned, it is a short walk to access schools and daycares from anywhere in Bannerman.

Character

The character of Bannerman is exemplified by its slower-paced atmosphere. It is very easy to get to parks from most locations within the neighbourhood since there are around 10 of them close by for residents to explore. This area is also great for those who enjoy quiet surroundings, as noise from streets and other parts of the city is rarely an issue.

Housing

About 70% of the population of this neighbourhood own their home and 30% are renters. Single detached homes are the most common housing type, representing about 45% of dwellings in this part of Edmonton, while small apartment buildings make up most of the remaining housing stock. This neighbourhood experienced its largest construction boom in the 1960s and 1970s, so most of the available properties are from this era. This neighbourhood also has a variety of unit sizes; although this part of Edmonton is particularly good for those looking for three bedroom homes.

Summary

Bannerman, a quiet and peaceful neighborhood in Edmonton, offers a relaxed and slower paced environment. With well-developed biking infrastructure and easy access to green spaces like Bannerman Park, it's a great place for outdoor enthusiasts. Parents will appreciate the proximity of schools and daycares, while the majority of properties being homeowner-occupied provides a stable and friendly community. The housing stock offers a range of options, from single detached homes to small apartment buildings, with properties varying in size from lofts to four or more bedrooms. Overall, Bannerman is a great choice for those seeking a tranquil and family-friendly neighborhood in the Greater Edmonton area.