These neighbourhoods offer a range of options in terms of price, lifestyle, and community feel, making them excellent choices for first-time homebuyers in Edmonton. Whether you're looking for the bustling city vibe, a quiet suburban atmosphere, or something in between, these top Edmonton neighbourhoods for first time homebuyers meet diverse needs and preferences.
What are the best Edmonton neighbourhoods for first time home buyers?
Edmonton offers several appealing neighborhoods for first-time homebuyers, each with unique characteristics and advantages. Here are the top three neighborhoods in Edmonton that are particularly suitable for those looking to purchase their first home:
1. Oliver
Oliver is one of the most sought-after neighborhoods for first-time buyers in Edmonton due to its central location and the lifestyle it offers. City council recently approved a new name for the Oliver neighbourhood: Wîhkwêntôwin pronounced We-Kwen-To-Win, which means "circle of friends” in Cree.
Nestled just west of the downtown core, Oliver is ideal for those who work centrally in the downtown core, near the Legislature Grounds or in the University area and want to avoid a lengthy commute. Its central position ensures that residents have easy access to a range of amenities, often within walking distance. This accessibility is a huge plus for individuals looking to reduce commute times and embrace a more sustainable lifestyle. Oliver also provides access to the extensive river valley trails, which are perfect for biking, jogging, and other recreational activities.
Oliver is predominantly composed of high-rise apartments and condominiums, interspersed with historic homes and newer townhouse developments. This mix offers a variety of living options that can accommodate different preferences and budgets, particularly appealing to first-time homebuyers looking for urban living. The area's real estate is diverse, ranging from more affordable older buildings to luxurious condos with modern amenities.
As one of Edmonton’s more densely populated neighborhoods, Oliver boasts an abundance of amenities. Jasper Avenue, a major thoroughfare running through Oliver, is lined with shops, restaurants, cafes, and bars, providing residents with plenty of dining and entertainment options.
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2. Queen Mary Park
Queen Mary Park is another great option for first-time homebuyers, located slightly north of the city center. It's diverse, with a good mix of residential and commercial areas, and has several schools, making it suitable for young families. Its central location and affordability make it an attractive place for buyers looking to enter the housing market.
The neighborhood features a mix of housing styles, from character homes to newer condominiums and apartment buildings. This variety allows for flexibility in terms of pricing, which can be particularly attractive to first-time homebuyers looking for affordable options. The presence of both older, more characterful homes and modern developments gives buyers a range of choices to suit their style and budget.
The community of Queen Mary Park offers numerous amenities that cater to a convenient and active urban lifestyle. There are several parks, like Queen Mary Park and the nearby Oliver Park, providing green spaces for relaxation and recreation. The proximity to 124th Street is one of the area's biggest advantages; this thriving commercial district boasts trendy boutiques, cafes, and restaurants, as well as hosting arts and community events like the 124 Grand Market.
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3. Terwillegar Towne
Terwillegar Towne is located in the highly sought after southwest part of Edmonton and was designed with community in mind. It's known for its family-friendly atmosphere and has been planned with a mix of housing types—from townhouses to single-family homes—catering to a variety of budgets and preferences.
The neighborhood boasts modern amenities, parks, and recreational facilities, as well as good schools, making it ideal for families. The design of the community encourages interaction among neighbors, promoting a close-knit environment.
The housing in Terwillegar Towne is diverse, including detached single-family homes, townhouses, and low-rise condos and apartments. This variety allows for different budget levels and lifestyle needs, making it an accessible option for first-time buyers and those looking to move up from their first home. The architectural styles are varied yet harmonious, adding to the aesthetic appeal of the area.
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These three top Edmonton neighbourhoods for first time homebuyers offer a blend of urban convenience, diverse housing options, and strong sense of community which makes them excellent choices to call home.
An experienced real estate agent can help you find your first home
Are you a first time homebuyer looking to buy a home in Edmonton? With 20 years of experience in the Edmonton market, Wally is a trusted expert with advice and tips to help make the purchase of your first home as painless as possible.
Call/text Wally at 780.238.7384 to get started.