Northeast Edmonton Real Estate:
Community of Bannerman
Bannerman is an established community situated along the eastern fringes of Northeast Edmonton. Like many neighbourhoods in this part of the city, Bannerman became part of greater Edmonton in the early 1960s and saw development take place roughly a decade later. Known for its diverse range of homes at affordable prices, Bannerman's appeal is further enhanced by its proximity to various shops, services, and the popular Hermitage Park. The neighbourhood is a haven for outdoor enthusiasts and active families, offering a wealth of recreational amenities set in a picturesque river valley environment.
Bannerman Real Estate Statistics
| Average Price | $263K |
|---|---|
| Lowest Price | $170K |
| Highest Price | $445K |
| Total Listings | 8 |
| Avg. Price/SQFT | $262 |
Community statistics are calculated by Real Estate Webmasters and are for illustration purposes only, accuracy is not guaranteed.
Property Types (active listings)
Homes For Sale In Bannerman
Bannerman Homes: Styles & Pricing
Residential development in Bannerman began in the early 1970s and was largely completed by the 1980s. Single-family homes are predominant, representing nearly half of all residences in the neighbourhood. These homes typically feature three bedrooms, two bathrooms, and over 1,200 square feet of living space, with bungalows and bi-levels being prevalent architectural styles. Prices for detached homes in Bannerman start in the low $300s, offering above-average lot sizes and below-average costs compared to other areas.
In addition to single-family homes, townhomes are a common housing option in Bannerman. These semi-detached properties provide similar benefits to detached homes but at a more affordable price point. Townhomes in the area typically offer three bedrooms, two bathrooms, private yard spaces, and may include features like finished basements or attached garages. The average price for townhomes in Bannerman starts in the mid $100s.
For real estate investors, there are also rental apartment-style condos available in Bannerman, particularly in the west end of the community within walking distance of local amenities. The average listing price for homes in Bannerman currently stands at $256,000, making it an attractive option for homebuyers seeking affordability and variety.
Bannerman Amenities & Schools
Aside from its housing options, Bannerman is lauded for its prime location near a host of amenities, including shopping centers, dining establishments, entertainment venues, and service providers. Residents have easy access to popular shopping districts like Clareview and Manning Town Centre, as well as essential facilities such as the Clareview Village Shopping Centre, Costco, Londonderry Mall, and the Northeast Community Health Centre. The neighbourhood's well-planned internal roadways are designed to minimize traffic flow, ensuring a safe and family-friendly environment for residents.
Bannerman's proximity to the North Saskatchewan River offers residents stunning views, walking trails, and vast green spaces for outdoor activities. The community park, equipped with playgrounds, sports fields, and a community league, is a hub for family-friendly events and initiatives throughout the year. Residents can enjoy a variety of recreational amenities, including aquatic and recreation centers, ski clubs, golf courses, and ski areas within close reach.
Families residing in Bannerman have access to a public K-6 school located within the neighbourhood, with additional schooling options such as junior and senior high schools, non-secular schools, preschools, and after-school care programs available in neighbouring communities.
Bannerman Location & Transportation
In terms of transportation, Bannerman is primarily accessible by major roads such as Victoria Trail to the west, 144th Ave to the north, 20th Street to the east, and 137th Ave to the south. While the neighbourhood is mostly car-dependent, it offers direct transit service to the Clareview Transit Centre and LRT station. Residents can easily access the downtown core and southern parts of Edmonton via the city's Capital LRT line. Major arterial roads like Manning Drive and Yellowhead Trail, as well as the east Anthony Henday ring road, provide convenient connectivity to Sherwood Park, St. Albert, Southeast Edmonton, and surrounding areas.