EDMONTON - Stick a pin anywhere in a map of the Edmonton area and you'll hit a rich vein of stories about the surging real estate market.
Hit Allendale with that pin and you'll find a mature city neighbourhood where the buying, selling and new construction is impossible to ignore. For Sale signs sprout like dandelions along tree-lined avenues. Rejuvenated bungalows sit aside handsome new homes selling for $600,000 or more.
Go to 66th Avenue, between 108th and 109th Streets, and you'll find three neat homes, all in a row. Each tells a story that reflects what is happening all over the city in today's marketplace.
One, a semi-bungalow built in 1949, sold in three days for its $416,900 asking price after extensive renovations. Two doors down, a revenue property sold for $410,000; the proceeds will pay off the Calgary home of its former owners.
