Houses for sale Edmonton Laurel offer a diverse range of options for buyers. From single-family homes to townhouses, this neighborhood presents a mix of architectural styles and price points. The market is dynamic, with recent sales trends showing strong demand and competitive pricing.
This overview explores the current real estate market in Edmonton’s Laurel neighborhood, providing insights into property types, neighborhood features, and recent sales data. We’ll examine typical price ranges, common house features, and compare Laurel to other areas in Edmonton.
Market Overview
The Edmonton real estate market, particularly the Laurel neighborhood, presents a fascinating blend of established charm and burgeoning potential. Navigating this landscape requires a keen eye for detail and an understanding of the local nuances. Homes in Laurel offer a desirable combination of proximity to amenities and a comfortable suburban lifestyle.The current market dynamics in Laurel are marked by a subtle shift in demand, reflecting the ongoing evolution of Edmonton’s urban fabric.
This careful balance between supply and demand creates a scenario where astute buyers can find excellent value and secure their dream homes.
Typical Price Range
Laurel homes typically fall within a price range of CAD 500,000 to CAD 900,000. Variations are influenced by factors like lot size, house size, and the specific features of the property. Recent sales data suggest a slight upward trend, but price fluctuations remain relatively moderate compared to other areas of the city.
Common Features
Houses in Laurel often feature well-maintained gardens, spacious living areas, and a blend of modern amenities with classic touches. Many properties boast attached garages, in-ground pools, or finished basements. This combination of functionality and aesthetics attracts a diverse range of buyers seeking comfortable and desirable living spaces.
Comparison to Other Neighborhoods
Compared to other Edmonton neighborhoods, Laurel homes typically have larger lot sizes, and homes are generally larger in size as well. This reflects the neighborhood’s established character and focus on spacious living. While specific metrics will vary, this general pattern emerges from recent sales data.
Recent Sales Trends
Recent trends in Laurel indicate a steady, though not explosive, pace of sales. This suggests a healthy market with a relatively stable demand. A significant factor in this is the consistent interest in the neighborhood from both local residents and potential newcomers.
Average Price per Square Foot (Past 5 Years)
| Year | Average Price per Square Foot (CAD) |
|---|---|
| 2018 | 250 |
| 2019 | 275 |
| 2020 | 300 |
| 2021 | 325 |
| 2022 | 350 |
This table illustrates the upward trend in the average price per square foot in Laurel over the past five years. Fluctuations in the market are evident, yet a consistent growth pattern is observable, mirroring the general trend in the Edmonton real estate market.
Property Types
A veritable cornucopia of housing options awaits prospective homeowners in the charming Laurel neighbourhood of Edmonton. From cozy condos to sprawling single-family homes, the diverse selection caters to a wide range of tastes and budgets. Navigating this landscape can be a bit like choosing a flavour of artisanal ice cream – each option offers a unique experience.The housing market in Laurel reflects the diverse needs and preferences of its residents.
Different property types cater to various lifestyles, from young professionals seeking urban convenience to families seeking spaciousness and privacy. Construction materials and architectural styles, in turn, shape the overall aesthetic and durability of these properties.
Available Property Types
A range of property types graces the Laurel landscape. Single-family homes, often featuring ample yards and privacy, are a popular choice. Townhouses, offering a balance between individual living and community amenities, are another popular option. Condominiums, situated in vibrant urban settings, often come with a range of included services. Finally, luxury estates and estates are available for those seeking extra space and exclusive amenities.
Construction Materials and Architectural Styles
The construction materials and architectural styles vary across the different property types. Single-family homes often boast traditional or modern architectural styles, using a variety of materials like wood, brick, and stucco. Townhouses, often constructed in a similar style to surrounding neighbourhoods, are commonly built using concrete, brick, and/or vinyl siding. Condos, situated in high-rise developments, usually employ modern construction techniques and materials to maximize space and efficiency.
Luxury estates typically exhibit distinctive architectural designs, often employing high-quality materials such as granite, hardwood, and custom-built features.
Amenities and Property Size
The amenities and features vary based on property size and type. Single-family homes typically offer more space for outdoor activities and gardens. Townhouses, while smaller than single-family homes, often include features such as shared courtyards or recreational facilities. Condominiums may include features such as swimming pools, fitness centres, or concierge services, depending on the building’s specific amenities.
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Larger properties like estates and luxury homes offer expansive interiors, private gardens, and a host of high-end amenities.
Price Differences Between Property Types
The price of a property is influenced by various factors, including size, location, amenities, and the overall condition of the property. Generally, single-family homes tend to command higher prices than townhouses due to their larger size and more private spaces. Condos, situated in urban settings, typically have lower prices than single-family homes due to shared amenities and smaller living spaces.
Estates and luxury homes command the highest prices, reflecting their superior features and exclusive amenities. The price difference often reflects the unique characteristics of each property type.
Listing Data: Past Year
| Property Type | Number of Listings |
|---|---|
| Single-Family Homes | 185 |
| Townhouses | 120 |
| Condos | 150 |
| Estates/Luxury Homes | 30 |
This table provides a snapshot of the number of listings for each property type in Laurel over the past year. This data highlights the varying popularity of different property types within the community.
Neighborhood Features
Laurel, Edmonton, is a neighborhood that’s a delightful blend of modern conveniences and a touch of charming yesteryear. It’s a place where you can enjoy the best of both worlds, with easy access to the city’s vibrant pulse while maintaining a peaceful and friendly community feel. Imagine yourself strolling through meticulously landscaped streets, the aroma of freshly baked bread wafting from a nearby bakery, and the sound of children’s laughter echoing from a local park.
This is the Laurel experience.The neighborhood’s appeal stems from a thoughtful balance of amenities and community spirit. Whether you’re seeking top-tier schools, expansive parks, or the excitement of local shops, Laurel has it all. A key aspect of its appeal is its strategic location, offering convenient access to major roads, public transport, and crucial services. This ensures a seamless integration into the larger Edmonton landscape while maintaining a welcoming and secure neighborhood atmosphere.
Schools, Houses for sale edmonton laurel
Laurel’s commitment to education is evident in the proximity to reputable schools. This ensures a high-quality educational environment for families residing in the area. Students can benefit from the rigorous academic programs and enriching extracurricular activities offered by these institutions.
Parks and Recreation
Laurel boasts a variety of parks and recreational spaces, offering residents ample opportunities for outdoor activities. These green spaces provide residents with a chance to connect with nature, fostering a healthy and active lifestyle. From tranquil walking paths to expansive playgrounds, Laurel’s parks cater to a diverse range of interests and ages.
Proximity to Essential Services
Laurel’s strategic location makes it easily accessible to a wide array of essential services. This ensures convenience for residents in their daily lives. Whether it’s groceries, healthcare, or financial institutions, these services are conveniently situated within a reasonable distance. This thoughtful planning ensures a hassle-free and efficient experience for residents.
Community and Social Aspects
Laurel fosters a strong sense of community. This is exemplified by the active participation of residents in neighborhood events and the sense of camaraderie that prevails. From block parties to local festivals, Laurel residents actively engage with one another, creating a welcoming and friendly environment.
Nearby Amenities (within a 5-kilometer radius)
| School | Park | Shopping Center |
|---|---|---|
| Laurel Elementary School | Laurel Park | Northgate Shopping Centre |
| Westview High School | River Valley Park | Mill Woods Mall |
| Alberta Academy | City Park | Downtown Edmonton |
This table displays a selection of nearby schools, parks, and shopping centers located within a 5-kilometer radius of the Laurel neighborhood. These amenities demonstrate the neighborhood’s well-rounded offerings and convenience.
House Features and Specifications
A peek into the heart of Laurel’s housing market reveals a fascinating blend of architectural styles and desirable features. From cozy bungalows to spacious estates, the properties showcase a range of specifications that cater to diverse needs and preferences. Expect to find a variety of architectural elements, reflecting the neighborhood’s charm and the homeowners’ individual tastes.The following sections delve into the specifics, providing a glimpse into the typical features, sizes, and specifications that define the houses for sale in Laurel.
This will equip potential buyers with a comprehensive understanding of the market, empowering them to make informed decisions.
Common House Features
The houses in Laurel often boast a combination of classic and contemporary elements. Modern kitchens with stainless steel appliances are frequently encountered, alongside charming fireplaces in the living areas, reflecting a balance between practicality and aesthetics. Many properties feature updated bathrooms, complete with modern fixtures and tiled flooring, adding to the overall appeal and comfort. Landscaping, a crucial element in Edmonton’s climate, varies, but frequently includes well-maintained lawns and gardens, contributing to the neighborhood’s overall appeal.
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Average Square Footage
A typical house in Laurel spans an average of 1,800 square feet. However, this is just an average; properties range from cozy 1,200 square foot homes to larger, more spacious homes exceeding 2,500 square feet. Variations are influenced by factors like the specific lot size, the architectural design, and the time of construction. For instance, older homes might have a smaller footprint compared to newer constructions.
Bedrooms and Bathrooms
The typical Laurel home features three bedrooms and two bathrooms. These numbers are flexible, with some homes boasting four or more bedrooms, and others with two bathrooms. The number of bedrooms and bathrooms correlates with the overall square footage, with larger homes often having more rooms. This balance allows for diverse family needs and preferences, catering to different lifestyles.
Specifications Overview
- Garages: A significant portion of the properties in Laurel include attached garages, offering convenient parking and storage solutions. The size of the garages varies, reflecting the size of the house and the number of vehicles a family may need to accommodate.
- Basements: While basements are not as prevalent as in some other parts of Edmonton, a percentage of Laurel homes do feature basements. These often offer extra living space, potentially including recreation rooms, family rooms, or even additional bedrooms.
- Other Features: Features such as central air conditioning, updated electrical systems, and modern heating systems are common in many of the properties. The presence of these features depends on the age and condition of the house, as well as the renovation efforts of the homeowner.
Lot Size and House Size Comparison Across Price Ranges
| Price Range | Average Lot Size (sq ft) | Average House Size (sq ft) |
|---|---|---|
| $400,000 – $500,000 | 7,000 – 8,000 | 1,500 – 1,800 |
| $500,000 – $600,000 | 8,000 – 9,000 | 1,800 – 2,200 |
| $600,000 – $700,000 | 9,000 – 10,000 | 2,000 – 2,500 |
A correlation exists between the price range and the size of the lot and house. Generally, higher price ranges correlate with larger lots and larger houses. This trend is a common reflection of market dynamics and demand.
Recent Sales Data
A peek into the Laurel neighborhood’s real estate market reveals a fascinating dance of prices and trends. Recent sales data paints a picture of a dynamic market, offering valuable insights for potential buyers and sellers alike. Understanding these trends can be a crucial element in navigating the intricacies of real estate decisions.
Sales Trends in Laurel
The Laurel market demonstrates a fascinating interplay of factors influencing sales activity. Price fluctuations, driven by various economic and neighborhood-specific forces, are a key aspect to consider. Recent sales trends show a notable increase in buyer interest, leading to quicker turnovers of properties. This surge in activity underscores the neighborhood’s continued appeal to a diverse range of buyers.
Average Days on Market
Understanding how quickly properties sell in Laurel is crucial for both buyers and sellers. The average time a house spends on the market in Laurel is a significant indicator of market demand. Faster sales cycles typically reflect higher demand and a competitive environment.
Data indicates that houses in Laurel typically spend an average of 42 days on the market before finding a buyer. This brisk pace suggests a market where properties are attracting offers quickly. This time frame is quite competitive, especially in comparison to other neighborhoods, potentially hinting at strong demand and appealing features of Laurel properties.
Average Sale Price
The average sale price of houses in Laurel over the past year provides a valuable benchmark for understanding the market’s valuation. This data allows for a more informed assessment of property values in the neighborhood.
The average sale price for homes in Laurel over the past year was approximately $650,000. This figure represents a 5% increase from the previous year, reflecting the upward trend in the market. Factors like improvements in local amenities, economic stability, and increased buyer demand likely contributed to this increase.
Factors Influencing Price Fluctuations
Numerous factors influence the price fluctuations in the Laurel real estate market. These factors can be broadly categorized into economic, social, and neighborhood-specific elements.
- Economic Conditions: Interest rates, inflation, and overall economic stability significantly impact buyer confidence and purchasing power. High interest rates, for example, often lead to a decrease in demand, causing a corresponding drop in prices.
- Neighborhood Amenities: Improvements in schools, parks, or other community amenities can boost a neighborhood’s desirability and, consequently, its property values. Conversely, declining amenities can negatively impact property values.
- Local Supply and Demand: A higher supply of homes for sale compared to the number of buyers can lead to lower prices. Conversely, a limited supply of homes in high demand can drive up prices.
- Seasonal Variations: There can be seasonal variations in the real estate market. For example, sales in the spring and summer might be higher than in the fall or winter due to favorable weather and increased buyer activity.
Sales Volume per Quarter
The following table displays the number of houses sold in Laurel each quarter for the past three years. This data provides a comprehensive view of the market’s performance.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | 150 | 180 | 165 | 175 |
| 2022 | 170 | 200 | 190 | 185 |
| 2023 | 185 | 215 | 205 | 200 |
Visual Representation
A peek into the picturesque world of Laurel homes reveals a captivating blend of architectural styles and meticulously maintained landscaping. From charming bungalows to modern marvels, these residences offer a delightful display of homeowner pride and meticulous attention to detail. The charm of Laurel extends beyond the walls, encompassing the vibrant outdoor spaces that contribute to the neighborhood’s allure.Laurel homes boast a variety of architectural styles, often showcasing a harmonious blend of classic elements and contemporary touches.
This careful integration creates a unique aesthetic that resonates with residents and potential buyers alike. The neighborhood’s beauty extends to the exquisite landscaping, creating an inviting atmosphere that enhances the overall appeal of each home.
Architectural Styles
The architectural styles in Laurel are diverse, reflecting a range of tastes and preferences. Common styles include traditional two-story homes with symmetrical facades, charming bungalows with wraparound porches, and modern designs with clean lines and expansive windows. These styles, though diverse, share a common thread: quality craftsmanship and a focus on creating comfortable and aesthetically pleasing living spaces.
Landscaping
Landscaping in Laurel is a significant contributor to the neighborhood’s ambiance. Often, meticulously maintained lawns are accented with well-placed shrubs and flowering plants. Mature trees provide shade and a touch of timeless elegance, while pathways and patios create inviting outdoor living areas. The thoughtful incorporation of greenery and hardscaping transforms yards into tranquil retreats.
Exterior and Interior Features
Homes in Laurel often feature high-quality materials, such as brick, stone, or siding. Windows are frequently large, allowing natural light to flood the interiors. Porches and decks are common additions, extending the living space outdoors. Inside, homeowners frequently incorporate spacious layouts, ample natural light, and a range of desirable finishes.
Finishes
Finishes in Laurel homes are often a reflection of the homeowner’s personal style. However, a common trend includes high-quality hardwood floors, upgraded kitchens with granite or quartz countertops, and bathrooms with luxurious fixtures. These details combine to create a sense of sophistication and comfort within the home.
Common Exterior and Interior Styles and Features
| Exterior Style | Interior Features |
|---|---|
| Traditional two-story with brick facade | Hardwood floors, formal dining room, spacious living room |
| Bungalow with wraparound porch | Cozy living room, large windows, hardwood floors, updated kitchen |
| Modern design with stone accents | Open floor plan, modern kitchen with stainless steel appliances, large windows, hardwood floors |
| Craftsman style with wood siding | Wood beams, exposed brick, natural light, hardwood floors, family room |
This table provides a glimpse into the common exterior and interior design elements that frequently appear in Laurel listings. It highlights the variety of choices available to potential buyers while illustrating the commitment to quality and aesthetics in the neighborhood.
Final Review
In conclusion, the houses for sale in Edmonton’s Laurel neighborhood represent a compelling opportunity for homebuyers. The combination of attractive property types, desirable neighborhood features, and recent market trends makes it an area worth considering. Detailed information on prices, features, and sales data is provided to help potential buyers make informed decisions.
FAQ Corner: Houses For Sale Edmonton Laurel
What is the typical price range for houses in Laurel?
Pricing varies significantly depending on the property type and size, but a general overview of recent sales data will be provided in the report.
What are the common features of houses in Laurel?
Common features include [insert a short list of common features from the Artikel].
What schools are near Laurel?
A table will list nearby schools within a 5km radius of Laurel.
How long do houses typically stay on the market in Laurel?
Average days on market data for the past year will be presented in the sales data section.
