The Neighbourhood
Terwillegar Towne is located in the Riverbend area of Edmonton. It is bordered by Terwillegar Drive to the west, 23 Avenue on the north, Rabbit Hill Road on the east and Terwillegar Boulevard to the south. The neighbourhood was laid out to encourage pedestrian use and buidings are designed in a neo-traditional style, to create the feel of a small town. There are many character homes near the centre of the community. The Terwillegar Gardens area on the east side of the community features large homes overlooking the Terwillegar Towne Neighbourhood Park, with its attractive pond.
Terwillegar Towne was developed between 1990 and 2010. The area was named after Dr. Norman Terwillegar who was a prominent healthcare provider and resident of the area in the early 1900s.
The population of Terwillegar Towne is approximately 6,500 and there are 2,100 residences. Most homes are single family (80%), duplexes (7%), townhomes and low-rise condominiums.
Schools and Amenities
The neighbourhood features two parks, the Towne Square and commercial services along the main streets and in the town centre. There are two schools within the community, Ester Starkman (K to Grade 8) and Monsignor William Irwin (K to Grade 6). Lillian Osborne High School is one block north of the community.
The large Terwillegar Community Recreation Centre located next to Lillian Osborne school features an aquatic centre, fitness, sports, wellness, arts and leadership programs.
Looking for a Home in Terwillegar Towne?
Visit my website to search current listings of homes for sale in Terwillegar Towne or to be notified when Terwillegar Towne homes come on the market.
Market Update for Terwillegar Towne
The Terwillegar Towne residential market had a strong May and months of supply moved into a balanced market. The average price per sq. ft. also shows demand for housing in this community. Average time on the maket for May sales was 7.5 weeks, which is likely due to the late spring this year.
Here is a summary of the current market statistics for Terwillegar Towne.
| Stats for May | 2018 | 2017 |
| Sales | 9 | 7 |
| New Listings | 19 | 27 |
| Inventory | 48 | 60 |
| Average days on market | 52 | 21 |
| Sold-to-List Price Ratio | 97.1% | 98.4% |
| Median Price | $403,100 | $370,000 |
| Average Price | $460,400 | $392,457 |
| Average Sold Price/SF | $306 | $272 |
| Months of Supply | 5.3 | 8.6 |
Market Update for Edmonton
Please see the current Edmonton residential real estate market update posted on my website.
Do You Have a Question About Terwillegar Towne?
Please don't hesitate to email or call me if you have any questions.
I would also be pleased to provide a complimentary comparative market analysis of your home in the current market.
Posted By
Peter Fuchshuber a residential and commercial REALTOR® helping buyers and sellers with Edmonton real estate.
Comments(0)