Market Value: Big interest in bungalows

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Often considered the most affordable of single-family detached homes, these listed houses show the variety of the once widely popular housing type.

They’ve sort of got a funny name and, of course, that stereotypical one-floor layout.

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And bungalows — deriving their name from the Hindi word “bangala,” meaning belonging to Bengal — are indeed abundant to anyone familiar with Edmonton’s older neighbourhoods.

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Often thought of as the ideal starter home, bungalows are that and so much more as the following three listings illustrate.

A new life on a classic

Neighbourhood: Ottewell

Address: 7405 92nd Ave. S.E.

Type: single-family detached home (bungalow) with developed basement

Year constructed: 1961

Size: 1,100 square feet

Listed: Aug. 1

List price: $589,900

Listing agent: Doug Singleton, Royal LePage Noralta Real Estate

Newly renovated, this home exemplifies bungalows in their heyday, a housing style that is still commonplace in on the city’s east-side neighbourhood of Ottewell, about 10 minutes’ drive from downtown and featuring plenty of nearby schools and other amenities. The home has two bedrooms on the main floor with a full bathroom, and two more bedrooms in the basement with another full bathroom.

The recent renovation opened up the main floor, removing walls from the kitchen to the living and dining spaces. The open concept layout includes an island for the kitchen with quartz countertops and new stainless steel appliances. Entirely updated for today’s living, the home has new doors, vinyl plank flooring, LED lighting, roof and windows.

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“It’s move-in ready,” says Doug Singleton with Royal LePage Noralta Real Estate. Buyers are also getting great relative value compared with other cities. “Pricing comparable in Toronto proper would be at least $1 million, for example, and in Vancouver proper about $1.2 million.”

The bungalow, 21st century style

Neighbourhood: St. Albert in Riverside

Address: 179 Redwing Wynd

Type: Half-duplex bungalow villa

Year constructed: for occupancy spring 2024

Size: 1,313 square feet above grade with finished basement for additional 698 square feet

Listed: Aug. 17

List price: $615,400

Listing agent: Christy Cantera, Re/Max River City

This soon-to-be completed new build is a semi-detached home with a bungalow-style layout, says Christy Cantera with Re/Max River City. Featuring an insulated double-garage, an electric fireplace, the three-bedroom home, with 2.5 bathrooms, has a kitchen with quartz countertops, an undermount sink, high-quality cabinetry with soft-close cupboards and a large centre island. Overall, its open concept with nine-foot ceilings lend an air of spaciousness with an efficient layout for today’s lifestyles. Built by Homes by Avi, the home is ideal for families and empty nesters, Cantera says, and emulates luxury-style bungalows selling in larger centres that are selling at much higher prices, Calgary included.

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A big bungalow on the Prairie

Neighbourhood: Rural Strathcona County

Address: 53133 Range Rd. 214

Type: Ranch-style bungalow

Year constructed: 2007

Size: 2,400 square feet

Listed: Oct. 1

List price: $1.285 million

Listing agent: Drew Carlson, Exp Realty

Located outside Sherwood Park, the custom-built bungalow epitomizes how a luxury buyer can find deep value in the Edmonton market, says listing agent Drew Carlson with Exp Realty in Edmonton. A walkout design onto a secluded wooded lot, the home includes a heated triple garage, as well as a heated detached garage ideal for the hobbyist to tinker with classic cars or tackle home improvement projects. Featuring hardwood floors throughout the open-concept main floor, the bungalow’s oversized windows bathe it in natural light, including the kitchen that has top-of-the-line appliances and granite countertops. With five bedrooms and four full bathrooms, the home is perfect for a large family with room to roam inside — including a spacious recreational room — and outside, too, on its 40-acre lot.

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