Hairsine – NE Edmonton Real Estate

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A Comprehensive Guide to Hairsine, Edmonton Real Estate

Hairsine, a quiet neighborhood nestled in the northeastern part of Edmonton, offers a unique blend of community spirit and suburban tranquility. Known for its family-friendly atmosphere and accessible amenities, Hairsine has become an increasingly popular choice for homebuyers in the Edmonton area. In this article, we will delve into various aspects of Hairsine’s real estate market, including current trends, neighborhood characteristics, and tips for prospective buyers.

Introduction to Hairsine

Hairsine is a predominantly residential area situated in Edmonton’s Northeast quadrant. The neighborhood is bordered by the communities of Fraser to the west, Clareview Town Centre to the north, and the residential area of Bannerman to the east. The community is named after Hairsine, a prominent figure in early Edmonton history.

Hairsine is characterized by its well-maintained streets, diverse housing options, and proximity to several parks and schools. The area provides a peaceful environment, making it an attractive choice for families and individuals seeking a suburban lifestyle within a city framework.

Historical Overview

The history of Hairsine dates back to the mid-20th century when Edmonton experienced significant suburban growth. The neighborhood was developed in the 1970s and 1980s, reflecting the architectural trends of the time. Initially, Hairsine was part of the city’s expansion plan to accommodate the growing population.

Over the decades, the neighborhood has evolved, with ongoing developments and upgrades enhancing its appeal. The community has retained its charm while adapting to modern needs, making it a desirable location for new and returning residents alike.

Real Estate Market Trends

Current Market Overview

As of recent reports, Hairsine’s real estate market is showing signs of stability and gradual growth. The area offers a range of housing options, from affordable single-family homes to more upscale properties. This variety caters to different budgets and preferences, contributing to the neighborhood’s appeal.

Property Types and Prices

In Hairsine, you will find a mix of housing types, including:

  • Single-Family Homes: These are the most common property type in Hairsine. Single-family homes vary in size, from smaller bungalows to larger two-storey houses. Prices typically range from $300,000 to $500,000, depending on the size, condition, and location of the property.

  • Townhouses: Townhomes offer a more compact living option and are often priced lower than single-family homes. They generally range from $250,000 to $400,000, making them a popular choice for first-time buyers or smaller families.

  • Condos and Apartments: Though less common, there are some condominium and apartment options available in the area. These properties provide a more affordable entry point into the Hairsine real estate market, with prices typically ranging from $150,000 to $250,000.

Market Trends

Recent trends indicate a steady appreciation in property values, driven by the neighborhood’s desirability and continued development. The demand for homes in Hairsine remains strong due to its convenient location, affordable prices compared to other parts of Edmonton, and the quality of life it offers.

Neighborhood Characteristics

Community and Lifestyle

Hairsine is known for its friendly and inclusive community atmosphere. The neighborhood hosts various events and activities that foster a sense of belonging among residents. From local fairs and markets to community clean-up days, there’s always something happening in Hairsine.

Schools and Education

Education is a priority in Hairsine, with several well-regarded schools serving the community. Notable institutions include:

  • Hairsine Elementary School: This school provides early education and is well-regarded for its supportive learning environment.

  • M.E. LaZerte High School: Located nearby, this high school offers a range of programs and extracurricular activities for older students.

The presence of these schools is a significant factor for families considering a move to Hairsine, as quality education is a key concern for many parents.

Parks and Recreation

Outdoor enthusiasts will appreciate the numerous parks and recreational facilities in and around Hairsine. Notable green spaces include:

  • Hairsine Park: A well-maintained park with playgrounds, walking trails, and open spaces for picnics and recreational activities.

  • Fraser Park: Located nearby, this larger park offers additional amenities such as sports fields, a community center, and various walking and biking trails.

These parks provide residents with ample opportunities for outdoor activities and contribute to the overall quality of life in Hairsine.

Local Amenities

Hairsine’s proximity to essential amenities enhances its attractiveness to potential buyers. The neighborhood is serviced by a range of local shops, dining options, and health services. The nearby Clareview Town Centre offers additional shopping and entertainment options, including:

  • Grocery Stores: Several grocery stores and markets provide convenient access to fresh produce and other essentials.

  • Dining Options: From casual eateries to more formal dining experiences, Hairsine has a range of options to suit different tastes and budgets.

  • Healthcare Facilities: Local clinics and medical centers ensure residents have access to necessary healthcare services.

Buying in Hairsine: Tips and Considerations

Research the Market

Before making a purchase, it’s crucial to conduct thorough research on the Hairsine real estate market. Understanding recent sales trends, average property prices, and neighborhood developments will help you make an informed decision.

Work with a Local Real Estate Agent

Engaging a real estate agent who specializes in the Hairsine area can provide valuable insights and assistance throughout the buying process. An experienced agent will be familiar with the local market, available properties, and can guide you through negotiations and paperwork.

Inspect Properties Carefully

When considering a property, ensure you conduct a detailed inspection. Check for any potential issues or required repairs that could impact your decision. Hiring a professional home inspector can help identify any underlying problems that may not be immediately visible.

Consider Future Development

Take into account any planned developments or infrastructure projects in the area. Future changes, such as new schools, parks, or commercial spaces, can affect property values and your overall living experience in Hairsine.

Budget Wisely

Ensure that your budget aligns with your long-term financial goals. Consider additional costs such as property taxes, maintenance, and utility expenses when planning your purchase. A clear budget will help you avoid financial strain and make a more comfortable transition to your new home.

Future Outlook for Hairsine

The future of Hairsine looks promising, with continued interest in the area and ongoing developments contributing to its growth. The neighborhood’s appealing characteristics, combined with its strategic location within Edmonton, position it as a desirable place for both current and future residents.

As the city continues to expand and evolve, Hairsine is likely to benefit from enhanced amenities, improved infrastructure, and sustained interest from homebuyers. For those considering a move, investing in Hairsine real estate presents an opportunity to become part of a thriving and welcoming community.

FAQ

What is the general atmosphere like in Hairsine?

Hairsine offers a peaceful, family-friendly atmosphere. The neighborhood is known for its tight-knit community and welcoming environment. Residents often participate in local events and activities, fostering a strong sense of belonging.

What types of homes are available in Hairsine?

Hairsine features a variety of housing options, including:

  • Single-Family Homes: Ranging from smaller bungalows to larger two-storey houses.
  • Townhouses: Offering a more compact living space at a lower price point.
  • Condos and Apartments: Less common, but available for those seeking a more affordable entry into the market.

What are the average home prices in Hairsine?

As of the latest market reports:

  • Single-Family Homes: Typically range from $300,000 to $500,000.
  • Townhouses: Generally range from $250,000 to $400,000.
  • Condos and Apartments: Usually priced between $150,000 and $250,000.

Are there good schools in Hairsine?

Yes, Hairsine is served by several quality educational institutions:

  • Hairsine Elementary School: Known for its supportive learning environment.
  • M.E. LaZerte High School: Offers a range of programs and extracurricular activities for older students.

What recreational facilities are available in Hairsine?

Hairsine boasts several parks and recreational facilities, including:

  • Hairsine Park: Features playgrounds, walking trails, and open spaces.
  • Fraser Park: Offers sports fields, a community center, and additional trails for walking and biking.

What local amenities are nearby?

Residents of Hairsine have access to various local amenities:

  • Grocery Stores: Several options for fresh produce and essentials.
  • Dining Options: A range of eateries from casual to more formal dining.
  • Healthcare Facilities: Local clinics and medical centers for healthcare needs.

How is public transportation in Hairsine?

Hairsine is well-connected by public transportation, with several bus routes serving the area. The neighborhood’s proximity to major roads and transit hubs makes commuting and travel convenient.

Are there any upcoming developments in Hairsine?

Yes, there are ongoing and planned developments in Hairsine, including infrastructure improvements and new community amenities. These developments aim to enhance the quality of life and increase the neighborhood’s appeal.

What should I consider before buying a home in Hairsine?

Before purchasing a home in Hairsine, consider the following:

  • Market Research: Understand current property values and trends.
  • Professional Guidance: Work with a local real estate agent for insights and assistance.
  • Property Inspection: Ensure a thorough inspection to identify any potential issues.
  • Future Developments: Be aware of any upcoming projects that might impact the neighborhood.

Is Hairsine a good investment for rental properties?

Hairsine can be a good investment for rental properties due to its family-friendly environment and stable market. The demand for rental properties is steady, and the neighborhood’s amenities and location contribute to its attractiveness for potential renters.

Conclusion

Hairsine, Edmonton, offers a blend of suburban charm and practical convenience that appeals to a wide range of homebuyers. With its diverse housing options, strong community spirit, and proximity to essential amenities, it’s no wonder that this neighborhood continues to attract interest.

Whether you’re a first-time buyer, a growing family, or someone looking to relocate within Edmonton, Hairsine presents a compelling choice. By understanding the local market, considering your needs and preferences, and working with knowledgeable professionals, you can make an informed decision and find a home that suits your lifestyle in this vibrant and evolving community.

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

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Sean Rampersaud

Sean has been a mortgage broker in Canada for 17 years.
We have helped countless amounts of clients achieve their mortgage goals!
Call me anytime at 780-278-4847

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