Neighborhood Profile: Allendale
“Walking down the tree lined streets in Allendale, especially in summer when the leaves are at their best, is like taking a stroll through time! Allendale is one of Edmonton’s oldest neighbourhoods and with that comes so much history and charm. Residents are also attracted to the beautiful area for its amazing location, right in the heart of the city. With close proximity to the University of Alberta, Stollery Children’s Hospital, Whyte Avenue, Mill Creek Ravine and so many forested trails it is the perfect spot for students, younger professionals looking for excitement, families who want to be close to great schools and parks and anyone who enjoys living in a walkable friendly community steeped in history. Investors will also be impressed with the many opportunities Allendale provides. This area has become a hub for both preserved character homes as well as infill development breathing new life to a well loved gem in Edmonton.” – Kim Ouellette, Associate/REALTOR®, Schmidt Realty Group Inc.
There were 44 homes sold between Jan 1, 2020 and Dec 31, 2020 in Allendale, ranging from a low of $251,000 for a 890 sq ft 1 and a half storey to a high of $715,000 for a 2,400 sq ft 2 storey infill home. The median sold price for homes in Allendale during the same time period was $365,000 which represents a 980 sq ft bungalow built in 1950.
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Sources: YEGisHome.ca, Realtor.ca and REALTORS® Association of Edmonton