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. Average time on the market for the homes sold last month was 2 weeks. Sold-list-price ratio declined and months of supply rose to 5 months. Windsor Park real estate is in a buyer's market.
Here is a summary of the current market statistics for Windsor Park.
Stats for June | 2018 | 2017 |
Sales | 2 | 8 |
New Listings | 4 | 8 |
Inventory | 10 | 15 |
Average days on market | 15 | 76 |
Sold-to-List Price Ratio | 95.6% | 101.7% |
Median Price | $1,004,750 | $852,895 |
Average Price | $1,004,750 | $1,005,723 |
Average Sold Price/SF | $529 | $602 |
Months of Supply | 5.0 | 1.9 |
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.
Comments(2)