Homes for Sale in Windsor Park Edmonton - May 2018

By
Real Estate Agent with RE/MAX Excellence

The Neighbourhood

Windsor Park is located in the University area of Edmonton.  It is bordered by the University of Alberta to the east, the North Saskatchewan River to the north, William Hawrelak Park to the west and University Avenue to the south.  The area was farmed in the late 19th century by the Omand family.  The land was purchased for development as Windsor Park in 1911 and became part of Edmonton when Edmonton and Strathcona amalgamated in 1912.  In 1955 the Groat Bridge was constructed, improving access between Windsor Park and central Edmonton.  Most home construction in Windsor Park occurred in the 1940s and 1950s.  Many of the larger lots have newer rebuilds.

The population of Windsor Park is approximately 2,900 and there are 450 residences.  Over 90 percent of homes are single family detached houses and over 80% are owned.  Homes along Saskatchewan Drive have spectacular river valley views.

 

Schools and Amenities

The neighbourhood is bordered by natural river valley parkland to the north and Hawrelak Park to the west.  There are a small number of businesses located along 87 Avenue which mostly serve the community.  University of Alberta facilities in the immediate area include the University of Alberta Hospital, the Northern Alberta Jubilee Auditorium, and the main U of A residence, Lister Hall. 

 

Looking for a Home in Windsor Park?

Visit my website to search current listings of homes for sale in Windsor Park or to be notified when Windsor Park homes come on the market.

 

Market Update for Windsor Park

The Windsor Park residential market has seen fewer home sales compared to this period last year.  The average price per sq. ft. is slightly lower, however this is based on just one sale in April.  Average time on the maket is 3 1/2 weeks.  The condo project, The Bentley, represents half of the property listings in the neighbourhood.

Here is a summary of the current market statistics for Windsor Park.

 

Stats for April 2018 2017
Sales   1                    3
New Listings  3  5
Inventory  10  6
Average days on market                                24  5
Sold-to-List Price Ratio  95.8%  100.1%
Median Price  $2,610,000  $745,840
Average Price  $2,610,000  $770,280
Average Sold Price/SF  $559  $604
Months of Supply  10  2.0

 

Market Update for Edmonton

Please see the current Edmonton residential real estate market update posted on my website.

 

Do You Have a Question About Windsor Park?

Please don't hesitate to email or call if you have any questions.

I would also be plreased to provide a complimentary market analysis of your home to give an idea of its value in the current market.


 

Posted By

Peter Fuchshuber is a residential and commercial REALTOR® helping buyers and sellers with Edmonton real estate.

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Peter Fuchshuber

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