Top 5 Richest Neighborhoods in Edmonton [Based on Data]

Edmonton is known for its beautiful parks, access to the North Saskatchewan River Valley trails, friendly people, and robust economy. The wealthiest neighborhoods in the city are characterized by their proximity to the North Saskatchewan River and the University of Alberta. Most of the rich neighborhoods are located in southwest Edmonton. If you're looking for a luxurious place to call home, check out these five richest neighborhoods in Edmonton.

Selection Criteria: The selection is based on the average sold price for the neighborhood for the year 2021. The neighborhood must have seen at least 5 sales in the year.

Westbrook Estate

Westbrook Estate is the richest neighborhood in Edmonton, with an average home price of $1.3 million and a median price of 1.1 million! It backs onto Whitemud Creek Ravine, an 18-hole golf course (The Derrick Golf and Winter Club), making it perfect for those looking for a luxury lifestyle. Besides golf, the club offers other amenities such as tennis, badminton, curling, aquatic centers, and childcare facilities.

Windsor Park 

Windsor Park is the second richest neighborhood in Edmonton, with a mean price of 1.1 million. Its close proximity to the University of Alberta, the North Saskatchewan river, Royal Mayfair Golf Club, Emily Murphy Park, and Hawrelak Park makes it a highly desirable area to live. The Hawrelak Trail Off-Leash Site is great for residents who have dogs. 

Hays Ridge

Hays Ridge is one of the richest neighborhoods in the city of Edmonton. The average price of a home in this neighborhood is just over $910k. This highly desirable southwest neighborhood is also home to the famous Jagare Ridge Golf Course. Hays Ridge area is known for its meticulous landscaping, ponds and parks, walking trails, and waterfalls. It is a desirable place to live for those who can afford it.

Grandview Heights

The average house price in Grandview Heights is around $850K, making it one wealthiest neighborhood in Edmonton. However, Grandview Heights is also one of the most desirable places to live due to its close proximity to Whitemud Creek, the North Saskatchewan River, and Whitemud Park. Grandview Heights is the perfect place for nature lovers and outdoor enthusiasts.

Browse: A Collection of Luxury Properties For Sale in Edmonton

Donsdale 

Donsdale is fifth on the list of the most expensive neighborhoods in Edmonton. The average price of a home in this neighborhood is just over $845k. Donsdale is located in southwest Edmonton, close to the North Saskatchewan River. This highly desirable location is perfect for those who love the outdoors.

Most of the high-end neighborhoods are located in the southwest and offer quick access to the North Saskatchewan River. Living in these neighborhoods means you're always within easy reach of some of Edmonton's most beautiful natural spaces. If you're looking for a luxurious place to call home, check out these five richest neighborhoods in Edmonton. You'll be sure to find the perfect place for you and your family.

Browse the most Expensive Homes in Edmonton 

Date Sources: Data sourced from the MLS. 

The information provided in this blog is ‘as is’ with no guarantee of accuracy or completeness.