Pleasantview, Edmonton | Neighbourhood Profile

By January 30, 2013 NEIGHBOURHOOD
Pleasantview,-Edmonton-Profile-Photo

 

See real estate listings in Pleasantview.

Pleasantview At A Glance

Homes in Pleasantview

• Average Asking Price (2012): $364,000
• Asking Price Range (2012): $85,000 to $1,148,000
• Average Home Size (Approx):  1240 ft²
• Size Range (Approx): 560 ft² to 3730 ft²

Pleasantview Real Estate Market

• Hot Market Index (2012):  49.0 °G
• Absorption (2012): 60.2%
• Buyer Willingness (2012): 87.9%
• Desirability Score (2012): 94.5/100 (Quite Desirable)
• Dilapidation Score (2006)*: 7.3% (Excellent)

Pleasantview, Edmonton Hot Market Index (2012)

Pleasantview & the Average Edmonton Hot Market Index (2012)

Amenities

• Accessibility Score: 119 homes per point of access (Good).
• Parking: Excellent.
• Transit: 28 bus stops plus access to the Southgate LRT Station.
• Parks: 1 park within neighbourhood boundaries.

Location & Description

Pleasantview is located between 111st Street and 104th Street from east to west and between 61st Avenue to the north and 51st Avenue to the south. This places it in a very central southern location in Edmonton with excellent access to the Whitemud Freeway to travel east and west and Calgary Trail/Gateway Boulevard for travelling north and south.

Pleasantview has very reasonable prices in general, but has an amazing range – from condos at $85,000 all the way to million dollar homes. There is something for everyone in Pleasantview when it comes to price. Lately the market has not been kind to Pleasantview, however. People are still not willing to pay too much for homes in the area – buyer willingness is just over 87%. Absorption is quite decent at 60% considering how cool the real estate market has been these last 4 years or so. Pleasantview will benefit from a general market boost as prices of average sized homes would rise in that situation. Part of Pleasantview used to be known as Martin Estate. The name Pleasantview comes from the fairly high hill in the neighbourhood. You can actually see downtown from the highest point in the neighbourhood.

A bar graph showing when homes were constructed in Pleasantview

A bar graph showing when homes were constructed in Pleasantview*

The majority of Pleasantview was developed in the 1960s, even though the area became part of the City of Edmonton in 1914. Not much has been built in the neighbourhood in recent years. This is of course typical of more centrally located areas. With prices what they are in Pleasantview – fairly reasonable – I wouldn’t be surprised if some homes are replaced with infills.

A pie chart showing home types in Pleasantview

A pie chart showing home types in the Pleasantview neighbourhood*

The above pie chart looks like a rainbow pinwheel. Having this variety of housing types is rare when it comes to Edmonton real estate. Usually a neighbourhood will have a very high majority of one – maybe two – kinds of housing arrangement, but that is definitely not the case in Pleasantview. There are 42% houses, 21% highrise units, 19% lowrise units and still a decent number of row houses and duplexes or triplexes. Again, Pleasantview proves it has more choice than other neighbourhoods.

A pie chart showing the percentage of homes that are rented versus owned in Pleasantview

A pie chart showing how many homes are rented versus how many owned in Pleasantview*

There are a lot of rental units in Pleasantview. This is mostly because of the high-rise and low-rise apartments in the area. Over half of all of Pleasantview was rentals in 2006 when the census was last done. That’s a lot of renters. This would be a decent place for investing. Likely the price and central location make it popular with landlords and tenants alike.

Condos in Pleasantview

Not too many condos in Pleasantview. Perhaps more will be condominiumized in the future if the market gets hot enough.

• Charleswood – 10475 58 Av
• Chateau – 10920 53 Av
• Empire Gardens – 5113 106A St

Schools

Elementary:

Mount Pleasant School10541 60A Ave | 780 434 6766

Junior High:

~ None in this community

High Schools:

~ None in this community

Other Schools:

~ None in this community

Parks & Recreation

Pleasantview has 3 city parks:

• Angus Murray Park – 5719 109 St
• Caine Memorial Park – 5211 107 St
• Mount Pleasant Park – 5809 106 St

The area also has a rather large cemetery at Mount Pleasant Park. The cemetery is quite old so you don’t have to worry about a lot of people coming to visit all the time, though. Old cemeteries are pretty sweet because they eventually become very quiet parkland. Great for a walk or just to look at, Mount Pleasant Cemetery might be a place to learn a bit about the history of the area and some of the ‘oldest residents’ of Pleasantview.

Access & Parking

Access to Pleasantview is quite good. It has an access score of 119 homes per point of access. That isn’t as good as some neighbourhoods, but it shouldn’t be a problem. Traffic is pretty reasonable around the area and the neighbourhood is surrounded by decent roads.

Parking is fine in Pleasantview, too. There may be a few areas where density is higher that could be problematic, but it would not likely be more than an occasional issue.

Transit

There are 28 plus bus stops in Pleasantview, so it ends up with a transit score of 63 homes per stop – that’s pretty cool. Being on some really good arteries helps, but Pleasantview actually has bus routes running through it – which isn’t that common for neighbourhoods at all. I’d say that the neighbourhood is very transit friendly. The LRT station is just south of the neighbourhood, so that makes getting north that much easier.

* Source: 2006 Census of Canada, Statistics Canada


by +Alan F Macdonald REALTOR® | Copyright © – gimme-shelter.com

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Alan F Macdonald

Author Alan F Macdonald

Alan F Macdonald is a real estate agent with Maxwell Challenge Realty in Edmonton, Alberta.

More posts by Alan F Macdonald

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