Northeast Edmonton Real Estate:
Community of Homesteader
Homesteader is a mature neighbourhood with a long-standing history dating back to the late 1800s. In 1875, Anglican minister Canon William Newton arrived in the Edmonton settlement and established his first church, a home, and a hospital in a location he named the Hermitage. This site was roughly ten kilometers from Fort Edmonton, situated on the south side of a ravine with a view of the North Saskatchewan River Valley to the east. Reverend Newton’s residence remained in this location for over 25 years.Throughout the years following the settlement, the Hermitage continued to be an agricultural area. The southern boundary of the area was defined by the Grand Trunk Pacific Railway line along the railroad’s right-of-way. In 1960, the two cattle farms within the area were sold to a land development company. The following year, the Hermitage was incorporated into the City of Edmonton.
Homesteader Real Estate Statistics
| Average Price | $273K |
|---|---|
| Lowest Price | $195K |
| Highest Price | $420K |
| Total Listings | 10 |
| Avg. Days On Market | 30 |
| Avg. Price/SQFT | $271 |
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 Homesteader
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Homesteader Homes: Styles & Pricing
While residential development in the area took some time to gain momentum, by the early 1980s, the majority of homes had been completed, offering a wide range of affordable housing options for prospective homebuyers in the Edmonton area.
Featuring a variety of housing styles, Homesteader caters to a diverse range of residents. Four-bedroom, three-bathroom single-family homes make up nearly 40% of the housing market in the neighbourhood. These homes come in a mix of charming bungalows and spacious two-story properties that typically start around the mid $300s. Townhomes prices around 150,000, represent another 25% of the real estate market, along with a smaller number of apartments and duplexes. With this diverse housing stock, Homesteader appeals to buyers of all kinds, including first-time homeowners, downsizers, and families in search of an affordable starter home.
Homesteader Amenities & Schools
One of the highlights of living in Homesteader is its close proximity to a wide array of amenities. Residents can easily walk to the Clareview Town Centre, which offers a range of shops and services. Additionally, major shopping centers such as Manning Town Centre and Londonderry Mall are just a short drive away, providing even more options for shopping and entertainment. The neighbourhood is also home to several schools, making it an appealing choice for families with school-aged children. Moreover, Homesteader is surrounded by beautiful parks and open green spaces, including Hermitage Park and the North Saskatchewan River Valley, offering residents plenty of opportunities to enjoy nature and outdoor activities.
Overall, Homesteader is a neighbourhood that caters to a wide range of lifestyles and budgets. Whether you're a young professional looking for your first home, a family in need of more space, or an empty-nester looking to downsize, there is something for everyone in Homesteader. Its rich history, affordable housing options, convenient amenities, and strong sense of community make it a desirable place to call home. With its mix of housing styles, proximity to amenities, and strong community spirit, Homesteader offers residents the opportunity to live a comfortable and fulfilling lifestyle in the heart of Edmonton.
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