Crestwood – West Edmonton Real Estate

SAVE ME MONEY NOW!

Table of Contents

Discovering Crestwood: Edmonton’s Jewel of Residential Living

Crestwood is one of Edmonton’s most cherished neighborhoods, a place where modern convenience meets timeless charm. Nestled along the North Saskatchewan River Valley, this community is known for its picturesque streets, lush green spaces, and a rich history that adds character to its well-preserved homes. In Crestwood, residents enjoy the benefits of a serene, family-friendly environment while being just a short drive from downtown Edmonton. Whether you’re a first-time homebuyer or looking to upgrade to a more luxurious property, Crestwood offers a diverse real estate market that caters to a wide range of tastes and budgets.

Crestwood isn’t just a neighborhood; it’s a lifestyle. It’s where families grow, friendships are forged, and memories are made. With its top-tier schools, vibrant community life, and proximity to some of Edmonton’s finest amenities, Crestwood offers an unparalleled living experience. This article will explore Crestwood’s history, real estate market, community features, and the unique lifestyle that makes it one of Edmonton’s most desirable places to live.

A Brief History of Crestwood

Crestwood’s history dates back to the early 20th century, with many of its homes reflecting the architectural styles of the era. The neighborhood’s development began in the 1940s, and it quickly became one of Edmonton’s most desirable places to live. The community was designed with a focus on preserving natural landscapes, and this is evident in the large, mature trees and proximity to the river valley, which provide a natural buffer against the urban hustle and bustle.

The Early Days

Crestwood was originally part of the town of Jasper Place, which was annexed by the city of Edmonton in 1964. The neighborhood’s early development was characterized by modest single-family homes, many of which were built during the post-war housing boom. These homes, with their classic mid-century designs, laid the foundation for Crestwood’s reputation as a family-friendly community.

Architectural Evolution

As the decades passed, Crestwood evolved, with newer homes reflecting contemporary architectural trends. However, the neighborhood has managed to retain much of its original charm, thanks to the preservation efforts of local residents and the community association. Today, Crestwood is a blend of old and new, where traditional bungalows and two-story houses coexist with modern infill developments.

The architectural diversity of Crestwood is one of its most appealing aspects. Whether you’re drawn to the simplicity of a mid-century bungalow or the sleek lines of a contemporary infill, Crestwood offers something for everyone. The careful balance between preservation and modernization has allowed the neighborhood to grow and evolve while maintaining its unique character.

The Charm of Crestwood

What sets Crestwood apart from other Edmonton neighborhoods is its undeniable charm. The area is characterized by a blend of classic and contemporary homes, where mid-century bungalows sit comfortably alongside modern, custom-built houses. The tree-lined streets, well-kept lawns, and close-knit community feel contribute to an ambiance that is both welcoming and exclusive.

Aesthetic Appeal

Walking through Crestwood is like taking a step back in time. The neighborhood’s tree-lined streets and well-maintained homes create a picturesque setting that is hard to find in more modern developments. The mature trees, some of which are over 60 years old, provide a canopy of green that changes with the seasons, offering a beautiful backdrop to daily life.

The neighborhood’s aesthetic appeal is further enhanced by the pride that residents take in maintaining their properties. Immaculate lawns, carefully tended gardens, and well-kept homes are the norm in Crestwood. This attention to detail not only adds to the neighborhood’s visual appeal but also contributes to its overall sense of community.

A Close-Knit Community

Crestwood is more than just a collection of houses; it’s a community where neighbors know each other by name and look out for one another. The neighborhood’s sense of community is one of its defining features and is a big part of what makes Crestwood such a desirable place to live.

The Crestwood Community League plays a central role in fostering this sense of community. Through its various programs and events, the league brings residents together, creating opportunities for social interaction and community involvement. From family-friendly events like the annual winter festival to regular community clean-up days, there’s always something happening in Crestwood.

Residents also take pride in their neighborhood’s rich history and work hard to preserve its unique character. Whether it’s through participation in local preservation efforts or simply by maintaining their homes in a way that honors the neighborhood’s heritage, Crestwood residents are committed to keeping their community special.

Crestwood Real Estate Market

Crestwood’s real estate market is as diverse as it is prestigious. The neighborhood offers a range of properties, from charming mid-century bungalows perfect for young families to expansive, custom-built luxury homes that appeal to high-end buyers. While Crestwood is known for its higher-than-average property prices, the investment is often seen as worthwhile due to the neighborhood’s strong reputation, excellent schools, and proximity to the city’s core.

Types of Homes

In Crestwood, you’ll find a mix of architectural styles, including traditional bungalows, two-story family homes, and contemporary infills. The variety in housing styles allows buyers to choose a property that fits their personal tastes and lifestyle needs.

  • Mid-Century Bungalows: These homes, many of which were built in the 1940s and 1950s, are characterized by their single-story design, large windows, and functional layouts. They are perfect for families looking for a home with character and a sense of history.

  • Two-Story Family Homes: For those in need of more space, Crestwood offers a selection of larger, two-story homes. These properties often feature multiple bedrooms, spacious living areas, and large yards, making them ideal for growing families.

  • Contemporary Infills: In recent years, Crestwood has seen an increase in the construction of contemporary infill homes. These properties are designed with modern living in mind and often include features like open-concept layouts, high-end finishes, and energy-efficient designs. They appeal to buyers looking for a blend of luxury and sustainability.

Price Range

The average home price in Crestwood is higher than in many other Edmonton neighborhoods, reflecting its status as a premier location. Homes in this area typically start in the mid-$600,000s for smaller bungalows and can exceed $2 million for large, luxury properties.

  • Entry-Level Homes: For those looking to enter the Crestwood market, smaller bungalows and older homes that may require some updating can be found starting around $600,000. These properties offer a great opportunity for buyers to invest in a desirable neighborhood without breaking the bank.

  • Mid-Range Homes: For buyers with a larger budget, Crestwood offers a variety of mid-range homes priced between $800,000 and $1.2 million. These properties often feature larger lots, updated interiors, and more desirable locations within the neighborhood.

  • Luxury Homes: Crestwood’s luxury market includes expansive, custom-built homes that can exceed $2 million. These properties often include features like gourmet kitchens, spa-like bathrooms, and outdoor living spaces. For those looking for the best that Crestwood has to offer, these homes represent the pinnacle of luxury living.

Market Trends

Crestwood has seen consistent demand over the years, with property values remaining strong even during economic downturns. This stability makes Crestwood a smart choice for those looking to invest in Edmonton real estate.

  • Steady Appreciation: One of the key factors driving Crestwood’s real estate market is its steady appreciation in property values. Over the past decade, homes in Crestwood have seen consistent increases in value, making the neighborhood a solid long-term investment.

  • Low Inventory: Another factor contributing to Crestwood’s strong real estate market is the low inventory of homes for sale. With demand consistently outpacing supply, properties in Crestwood tend to sell quickly, often at or above asking price.

  • Desirable Location: Crestwood’s location, close to downtown Edmonton and the river valley, makes it a highly desirable place to live. This, combined with the neighborhood’s reputation for safety, top-rated schools, and strong sense of community, ensures that demand for Crestwood real estate remains high.

Living in Crestwood

Living in Crestwood offers a unique blend of tranquility and accessibility. The neighborhood is renowned for its peaceful atmosphere, thanks in part to its mature trees, spacious lots, and the nearby river valley. Yet, residents don’t have to sacrifice convenience, as Crestwood is just minutes away from downtown Edmonton, top-tier schools, and essential amenities.

Proximity to Nature

One of Crestwood’s biggest draws is its proximity to the North Saskatchewan River Valley, the largest urban park in Canada. The area is a haven for outdoor enthusiasts, offering endless opportunities for hiking, biking, and picnicking. In the winter, the valley becomes a wonderland for cross-country skiing and snowshoeing.

  • River Valley Trails: Crestwood is just a short walk from some of the best trails in the river valley. These trails wind through lush forests, along the riverbank, and offer stunning views of the city skyline. Whether you’re looking for a leisurely stroll or a challenging hike, the river valley has something to offer.

  • Parks and Green Spaces: In addition to the river valley, Crestwood is home to several parks and green spaces where residents can enjoy the outdoors. MacKinnon Ravine Park, for example, is a popular spot for picnics, bird watching, and enjoying the natural beauty of the area.

  • Winter Activities: When the snow falls, Crestwood residents don’t hibernate; they embrace the winter season. The river valley offers excellent opportunities for cross-country skiing, snowshoeing, and even ice skating. For those who prefer indoor activities, the nearby Crestwood Arena provides a place to enjoy hockey and figure skating.

Schools and Education

Families in Crestwood have access to some of Edmonton’s best schools, both public and private. Crestwood School, for instance, is highly regarded for its strong academic programs and community involvement. The area’s educational institutions are a major reason why families choose to settle in Crestwood.

  • Crestwood School: This K-9 school is a cornerstone of the community and is known for its strong academic programs and extracurricular activities. The school’s dedicated staff and active parent community ensure that students receive a well-rounded education.

  • Laurier Heights School: Located just a short drive from Crestwood, Laurier Heights School offers a French Immersion program that is highly sought after by parents in the area. The school also has a reputation for excellence in academics and athletics.

  • Private Schools: For families seeking a private education, Crestwood is within easy reach of several top-rated private schools, including St. Paul’s Academy and Tempo School. These institutions offer rigorous academic programs and a range of extracurricular activities designed to help students excel.

  • Post-Secondary Education: For older students, the University of Alberta, one of Canada’s top universities, is just a short drive away. This proximity makes Crestwood an attractive option for families with children who plan to pursue higher education.

Amenities and Services

While Crestwood maintains a quiet, residential feel, it is well-served by nearby amenities. Residents have access to high-end grocery stores, boutique shops, cafes, and restaurants. Additionally, the community is just a short drive from the West Edmonton Mall, one of the largest shopping and entertainment complexes in the world.

  • Shopping: Crestwood is close to several shopping districts, including 124th Street, known for its eclectic mix of boutiques, art galleries, and specialty shops. Whether you’re looking for unique home decor, fashion, or gifts, you’ll find it here.

  • Dining: Crestwood residents don’t have to travel far to enjoy a great meal. The neighborhood is home to several excellent restaurants, ranging from casual cafes to fine dining establishments. Whether you’re in the mood for a gourmet burger or a five-course meal, you’ll find something to satisfy your cravings.

  • Grocery Stores: For everyday shopping, residents can choose from several nearby grocery stores, including high-end options like Safeway and organic markets. These stores offer a wide selection of fresh produce, specialty items, and gourmet ingredients.

  • Healthcare: Crestwood is well-served by healthcare facilities, including nearby clinics, pharmacies, and hospitals. The Misericordia Community Hospital, one of Edmonton’s top hospitals, is just a short drive away, providing residents with easy access to a range of medical services.

Community and Culture

Crestwood is more than just a place to live; it’s a community with a rich culture and active social life. The neighborhood association organizes various events throughout the year, fostering a strong sense of belonging among residents. From summer block parties to holiday celebrations, Crestwood is a place where neighbors become friends.

Community Involvement

The Crestwood Community League plays a vital role in maintaining the area’s vibrant social life. The league organizes events, runs programs for children and seniors, and advocates for the community’s needs at the city level. This active involvement helps ensure that Crestwood remains a safe, welcoming, and well-maintained neighborhood.

  • Programs and Events: The Community League offers a wide range of programs for residents of all ages. These include fitness classes, art workshops, and youth sports leagues. There’s always something happening in Crestwood, and these programs provide opportunities for residents to get involved and meet their neighbors.

  • Advocacy: The Community League also serves as a voice for Crestwood residents, advocating for issues that are important to the neighborhood. Whether it’s working with the city to improve local parks or addressing traffic concerns, the league is committed to making Crestwood an even better place to live.

Local Events

Annual events such as the Crestwood Winter Festival and the Spring Clean-Up Day bring residents together and strengthen community ties. These events are a testament to the neighborhood’s friendly, family-oriented atmosphere.

  • Winter Festival: The Crestwood Winter Festival is one of the highlights of the community calendar. Held each February, the festival features ice skating, hot chocolate, and a variety of winter activities for all ages. It’s a great way for residents to embrace the winter season and enjoy time with their neighbors.

  • Spring Clean-Up Day: Each spring, Crestwood residents come together to spruce up the neighborhood. Volunteers pick up litter, plant flowers, and make sure that the neighborhood looks its best for the warmer months ahead. The event is a great way to give back to the community and meet new people.

  • Block Parties: Throughout the summer, Crestwood residents organize block parties to celebrate the season. These informal gatherings are a great way to meet new neighbors and build a sense of community. With potluck dinners, games for the kids, and music, block parties are a quintessential part of life in Crestwood.

  • Holiday Celebrations: The holiday season is a special time in Crestwood, with many homes decked out in festive lights and decorations. The Community League often organizes holiday events, such as caroling and visits from Santa, making it a magical time of year for families.

Why Choose Crestwood?

Choosing Crestwood as your home means investing in a lifestyle that balances comfort, luxury, and community. Whether you’re drawn to the area for its beautiful homes, top-rated schools, or the opportunity to live close to nature, Crestwood offers something for everyone.

Quality of Life

The quality of life in Crestwood is unmatched. Residents enjoy a peaceful environment, excellent amenities, and a strong sense of community, all within minutes of downtown Edmonton.

  • Safety: Crestwood is known for its low crime rate and safe streets, making it an ideal place for families. The neighborhood’s strong sense of community and active involvement in local safety initiatives contribute to this reputation.

  • Convenience: Despite its peaceful atmosphere, Crestwood is just minutes away from downtown Edmonton. This means residents can enjoy all the benefits of urban living without sacrificing the tranquility of suburban life.

  • Natural Beauty: The natural beauty of Crestwood is one of its most appealing features. With the river valley just a stone’s throw away and numerous parks and green spaces within the neighborhood, residents have ample opportunities to enjoy the outdoors.

Investment Potential

Crestwood’s real estate market is known for its stability and potential for long-term growth. Investing in a home here not only provides a beautiful place to live but also offers financial security.

  • Strong Market: As discussed earlier, Crestwood’s real estate market is consistently strong, with property values appreciating steadily over time. This makes it a smart choice for those looking to invest in Edmonton real estate.

  • Long-Term Value: Homes in Crestwood tend to hold their value well, even in times of economic uncertainty. This is due to the neighborhood’s desirable location, strong sense of community, and high-quality amenities.

  • Prestige: Owning a home in Crestwood is a mark of prestige, thanks to the neighborhood’s reputation as one of Edmonton’s most desirable places to live. For those looking to invest in a property that offers both lifestyle and long-term value, Crestwood is hard to beat.

A Welcoming Community

Newcomers to Crestwood are often struck by the warmth and hospitality of the residents. Whether you’re a young family, a professional couple, or retirees, you’ll find that Crestwood is a place where you can truly feel at home.

  • Inclusive Atmosphere: Crestwood is a diverse and inclusive community, welcoming residents from all walks of life. Whether you’re new to Edmonton or have lived here for years, you’ll find that Crestwood offers a welcoming and supportive environment.

  • Family-Friendly: Crestwood is particularly well-suited for families, thanks to its top-rated schools, safe streets, and abundance of parks and recreational facilities. It’s a place where children can grow up in a supportive and nurturing environment.

  • Social Connections: Moving to a new neighborhood can be daunting, but in Crestwood, you’ll quickly feel like part of the community. The neighborhood’s active social life and numerous community events make it easy to meet new people and build lasting friendships.

FAQ

What makes Crestwood one of Edmonton’s most desirable neighborhoods?

Crestwood is highly sought after due to its combination of beautiful, well-maintained homes, a strong sense of community, excellent schools, and proximity to the North Saskatchewan River Valley. The neighborhood offers a peaceful, family-friendly atmosphere while still being close to downtown Edmonton, making it ideal for those who want the best of both suburban and urban living.

What types of homes are available in Crestwood?

Crestwood offers a wide range of homes, including mid-century bungalows, two-story family homes, and contemporary infill properties. Whether you’re looking for a classic home with historical charm or a modern, custom-built house, Crestwood has options to suit various tastes and budgets.

How much does it cost to buy a home in Crestwood?

Home prices in Crestwood typically start in the mid-$600,000s for smaller bungalows and can exceed $2 million for larger, luxury properties. The exact price depends on factors such as the size of the home, its condition, and its location within the neighborhood.

What is the real estate market like in Crestwood?

Crestwood’s real estate market is known for its stability and consistent demand. Homes in this neighborhood often appreciate in value over time, making it a solid investment. The market tends to have low inventory, so properties in Crestwood typically sell quickly and often at or above the asking price.

Are there good schools in Crestwood?

Yes, Crestwood is home to some of Edmonton’s top-rated schools. Crestwood School, which serves students from Kindergarten through Grade 9, is particularly well-regarded. The neighborhood is also close to other excellent public and private schools, offering families a variety of educational options.

What amenities are available in Crestwood?

Crestwood is well-served by a variety of amenities, including grocery stores, boutique shops, cafes, and restaurants. The neighborhood is also close to major shopping districts like 124th Street and the West Edmonton Mall. Additionally, residents have access to healthcare facilities, parks, and recreational areas, making Crestwood a convenient and comfortable place to live.

What recreational activities are available in Crestwood?

Crestwood’s proximity to the North Saskatchewan River Valley offers residents numerous opportunities for outdoor activities, such as hiking, biking, and picnicking. In the winter, the area is popular for cross-country skiing and snowshoeing. Crestwood also has several local parks and green spaces, as well as the Crestwood Arena, which hosts hockey games and figure skating.

What is the community like in Crestwood?

Crestwood is known for its strong sense of community. The neighborhood has an active Community League that organizes events, runs programs for all ages, and advocates for residents’ needs. Crestwood’s community-oriented atmosphere makes it a welcoming and supportive place to live, with plenty of opportunities to get involved and meet neighbors.

Is Crestwood a good place for families?

Absolutely. Crestwood is ideal for families thanks to its safe, quiet streets, excellent schools, and abundance of parks and recreational facilities. The neighborhood’s community spirit and family-friendly events make it a great place for children to grow up.

How far is Crestwood from downtown Edmonton?

Crestwood is conveniently located just a short drive from downtown Edmonton, typically taking around 10 to 15 minutes by car. This makes it easy for residents to enjoy the amenities and job opportunities of the city center while living in a peaceful, suburban setting.

What kind of community events take place in Crestwood?

Crestwood hosts a variety of community events throughout the year, including the Crestwood Winter Festival, Spring Clean-Up Day, block parties, and holiday celebrations. These events help to foster a strong sense of community and provide residents with opportunities to connect with one another.

Are there any cons to living in Crestwood?

While Crestwood offers many benefits, it is important to note that home prices in the neighborhood are generally higher than in other parts of Edmonton. Additionally, because of its popularity, homes in Crestwood can sell quickly, making it a competitive market for buyers.

Conclusion

Crestwood stands as one of Edmonton’s most desirable neighborhoods, offering a perfect blend of natural beauty, high-quality homes, and a strong, welcoming community. Whether you’re looking to buy your first home, upgrade to a more luxurious property, or simply find a place where you can enjoy a high quality of life, Crestwood has something to offer.

In this community, the past and present come together to create a living experience that is both timeless and modern. If you’re considering making a move, Crestwood should be at the top of your list. With its unique charm, strong sense of community, and excellent amenities, Crestwood is more than just a place to live; it’s a place to call home.

Call me anytime with any questions at 780-278-4847.

SAVE MONEY NOW

FIll out the form below, we will secure you todays lowest rate