Trevor & Jacqueline Howard
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Thursday, January 12, 2012 - Neighborhood Profile: Fraser

SEARCH FOR HOMES FOR SALE IN FRASER

The neighborhood of Fraser, found in the northern Clareview section of Edmonton, was named for John Fraser, an original homesteader in the area and one of the first trustees of the Belmont School. (source Wikipedia)

Although Fraser may be tucked away on the outskirts of the city, the residents still enjoy quick access to the Manning Freeway, Clareview LRT station and are only minutes away from the Yellowhead Freeway via Victoria Trail. In the next few years, completion of the last section of the Anthony Henday Drive ring-road will also allow very quick access to the opposite corners of Edmonton.

Construction of homes in the Fraser area primarily began in the 1970s and continued on through the 1980s. Home construction continued on into the new millennium in some areas of Fraser. The newest homes are on the far east side of Fraser, surrounding Fraser River Park and bordering the North Saskatchewan River. The breakdown of homes in Fraser is as follows (stats from the 2001 Federal Census):

  • 1961 – 1970: 15 homes (1.4%)
  • 1971 – 1980: 195 homes (18.0%)
  • 1981 – 1985: 595 homes (54.8%)
  • 1986 – 1990: 85 homes (7.8%)
  • 1991 – 1995: 95 homes (8.8%)
  • 1996 – 2001: 100 homes (9.2%)

Of the 1,144 homes in Fraser at the time of the 2005 Municipal Census, there were 669 single-detached houses (59% of all residences in Fraser). There were another 149 rowhouse or townhouse homes (13%), 151 duplex/triplex/fourplex homes (13%) and 174 low-rise apartments (15%) in Fraser. 75% of those apartments were rented units, while only 6% of the houses were rented. (Full census documents for Fraser)

There is one school in the area. Fraser Elementary, a public-system K-6 school, is located right in the middle of the neighborhood.  

The community of Fraser is serviced by the Fraser Community League, which holds sports and events throughout the year and maintains the centrally-located community hall and ice rink.

Fraser Real Estate Activity Highlights (as of Jan 12, 2012)

(listing and sales data taken from the Edmonton MLS System)

Fraser Houses for Sale / Sold:
     12 active listings
          List Price from $229,900 to $749,900
          Square Footage from 833 to 2,989
          Average: 4 bedrooms, 2 bath, 1,483 sq ft, asking price $402,066
     5 sold listings in the last 90 days
          Sold Price from $219,900 to $326,000
          Days on Market from 12 to 216
          Average: 3 bedrooms, 1 bath,  1,240 sq ft, sale price $263,880, days on market 92

Fraser Condominiums for Sale / Sold:
     8 active listings
          List Price from $107,100 to $306,400
          Square Footage from 667 to 1,453
          Average: 2 bedroom, 1 bath, 993 sq ft, asking price $179,631
     8 sold listings in the last 90 days
          Sold Price from $84,500 to $210,000
          Days on Market from 7 to 98
          Average: 2 bedrooms, 1 bath, 916 sq ft, sale price $132,906, days on market 45

SEARCH FOR HOMES FOR SALE IN FRASER

posted in Neighborhood Profiles at Thu, 12 Jan 2012 17:09:47 -0700



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