Edmonton / Parkallen
Parkallen
944 properties on the 2026 roll, 0.85 km², in Ward papastew. Another 84 titled parking stalls and storage units are on the roll here; they are left out of every figure on this page.
Homes
Assessed values are the City of Edmonton’s assessments, not sale prices. Figures are for each year’s assessment roll.
Median assessed value, 2026
$501,750
944 properties · +39% since 2012
Middle half of properties
$438,750 to $605,250
25th to 75th percentile
City median
$422,500
Ward papastew median $468,500
All properties, 2012 to 2026
| Year | Median | Middle half | Properties |
|---|---|---|---|
| 2026 | $501,750 | $438,750 to $605,250 | 944 |
| 2025 | $464,500 | $407,125 to $554,875 | 946 |
| 2024 | $423,500 | $372,000 to $503,000 | 947 |
| 2023 | $439,500 | $386,500 to $513,500 | 947 |
| 2022 | $431,500 | $381,125 to $494,375 | 946 |
| 2021 | $405,000 | $361,500 to $464,500 | 945 |
| 2020 | $424,000 | $377,500 to $481,500 | 944 |
| 2019 | $445,000 | $396,750 to $502,000 | 943 |
| 2018 | $431,750 | $388,500 to $481,500 | 942 |
| 2017 | $418,000 | $379,500 to $466,000 | 941 |
| 2016 | $427,000 | $386,000 to $474,000 | 939 |
| 2015 | $414,750 | $374,500 to $457,000 | 936 |
| 2014 | $375,500 | $343,000 to $412,500 | 936 |
| 2013 | $375,000 | $340,500 to $412,500 | 936 |
| 2012 | $361,500 | $331,500 to $394,000 | 934 |
By median assessed value this is number 134 of 394 neighbourhoods with enough properties to publish one. The city-wide median is $422,500.
Check one address against similar properties nearby · How to appeal an assessment, and the deadlines
Building
Building permits the City issued here, by year and category. Construction values are as the permit records them. Addresses and descriptions are not shown.
| Year | Permits | Construction value | Housing units |
|---|---|---|---|
| 2026 (so far) | 33 | $4.3M | 44 |
| 2025 | 65 | $4.4M | 36 |
| 2024 | 62 | $5.7M | 50 |
| 2023 | 45 | $3.8M | 20 |
| 2022 | 45 | $2.3M | 9 |
| 2021 | 50 | $4.1M | 11 |
2025, by category
| Category | Permits | Construction value | Housing units |
|---|---|---|---|
| Home Improvement | 50 | $588,800 | — |
| Single, Semi-detached & Rowhousing | 13 | $3.7M | 37 |
| Commercial Final | 2 | $120,000 | -1 |
Largest recent projects
- Jan 2026: Row House (330), building - new, $909,875
- May 2024: Row House (330), building - new, $800,000
- Jun 2026: Row House (330), building - new, $640,000
- Dec 2024: Row House (330), building - new, $631,500
- Aug 2025: Row House (330), building - new, $606,625
Businesses
57 active business licences here, 8 issued in the last year. Counts include every licence type. Names are shown only for commercial licences, and only where the name reads as a business.
Recently opened (commercial licences)
- BUNCHES FLOWER CO · Retail Sales (Minor) · issued 2026-09-16
- STELLAR WELLNESS · Health Enhancement Centre (Accredited) · issued 2026-05-22
Nearby neighbourhoods
Allendale · McKernan · University of Alberta Farm · Lendrum Place · Pleasantview · Queen Alexandra
Sources
City of Edmonton Open Data: property assessment (current roll 2026; history 2012 to 2025), business licences, General Building Permits (since 2009), neighbourhoods. Data built 2026-10-15. How these are worked out.