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Edmonton's real estate landscape is brimming with opportunities for savvy homebuyers and investors alike, particularly in neighborhoods where history meets modern charm. Among these hidden gems, Inglewood stands out as a beacon of potential, offering a perfect blend of tranquil community living and close proximity to the city center. Join us as we delve into the allure of renovation projects in these thriving Edmonton neighbourhoods.

Ritchie

Ritchie, a historic neighborhood, is undergoing a revival with new residents joining long-time locals. Established in 1891, it's one of Edmonton’s oldest areas. Close to Whyte Avenue and Mill Creek Ravine, Ritchie appeals to diverse homebuyers and businesses alike. The vibrant Ritchie Market hosts ACME Meat Market, Biera, Little Duchess Bake Shop, Blind Enthusiasm Brewing, and Transcend Coffee. Homes, starting around $300,000, include character bungalows and options for rental income with basement suites.

Lendrum Place

Developed between the end of World War II and 1985, Lendrum Place in south Edmonton offers ideal bungalows with vaulted ceilings for mid-century modern renovations. Known for its tranquil tree-lined streets and top schools, it’s a favorite among families and long-time residents who take pride in their well-maintained homes and yards.

Homes in Lendrum Place sell quickly due to its proximity to the University Area, including the South Campus LRT station and Southgate Centre, making it highly desirable.

Investors should expect to invest significantly, with prices starting around $450,000 for untouched but well-kept bungalows and exceeding $1 million for new infill properties.

Brander Gardens

Renovating a fixer-upper in older neighborhoods can be challenging due to smaller footprints and limited flexibility for modern comforts like master bathrooms and open floor plans. Brander Gardens bucks this trend with estate-style homes on large lots from the 1960s and 1970s, boasting unique architecture and plenty of charm.

Like Lendrum Place, properties in Brander Gardens are rare, often held by original owners, and typically start above $500,000. Despite the higher cost, these homes offer ample space, distinctive design, and peaceful surroundings, ideal for ambitious renovation projects.

For more renovation opportunities, explore Brookside homes for sale in nearby top Edmonton neighborhoods.

Rio Terrace

Edmonton's river valley communities are always in high demand, and Rio Terrace is no exception. Developed mostly in the 1950s and 1960s, it features exclusively single-family homes surrounded by mature trees, with the southern edge bordering the North Saskatchewan River.

Despite limited access, the neighborhood offers tranquility, while proximity to Whitemud Drive ensures easy city-wide connections. Rio Terrace homes, valued for their long-term appeal, are typically modest bungalows or split-levels selling for around $350,000, often renovated into modern infills.

Inglewood

The demand remains strong for homes balancing residential community life with proximity to downtown. While Glenora and Westmount have long been hubs for renovation near Edmonton’s core, opportunities are also emerging in the northwest community of Inglewood.

With nearby Blatchford development progressing, seizing a chance in this up-and-coming area is crucial. Inglewood’s appeal includes popular infills replacing older bungalows on quiet, tree-lined streets. Character-rich homes offer renovation potential, preserving Edmonton’s classic charm.

Single-family homes in Inglewood start at approximately $325,000, attracting both investors and homebuyers seeking modernized originals.

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