Southeast Edmonton Real Estate:
Community of Terrace Heights
Located in mature Southeast Edmonton, Terrace Heights’s roots date all the way back to the early 1900s. Despite the community’s established history, development began slowly in the area. It wasn’t until the area’s annexation by the larger City of Edmonton in the 1950s that residential construction really began to take off, with most development complete by the early 1960s. Today, Terrace Heights offers a near 50/50 blend of high and low-density home styles, complimented by convenient access to great amenities.
Terrace Heights Real Estate Statistics
| Average Price | $207K |
|---|---|
| Lowest Price | $64.8K |
| Highest Price | $550K |
| Total Listings | 6 |
| Avg. Price/SQFT | $177 |
Community statistics are calculated by Real Estate Webmasters and are for illustration purposes only, accuracy is not guaranteed.
Property Types (active listings)
Homes For Sale In Terrace Heights
- All Listings
- Under $100,000
- $200,000 - $300,000
- $500,000 - $600,000
Housing Market In Terrace Heights
As mentioned, home styles in Tawa consist of half apartment-style condos and half single-family homes – making it the ideal neighbourhood for first-time buyers, downsizers, real estate investors and growing families.
Average prices for low-rise apartment-style condos in Edmonton may begin as low as $60,000 for a one bed, one bath unit. Single-family homes in the community consist primarily of renovated bungalows. Priced at $400,00 and upwards, buyers can expect a minimum of three bedrooms, two bathrooms and 1,100+ square feet of living space. Other common features to expect from a detached bungalow in Terrace Heights include large lots, mature landscaping and modern upgrades such as finished basements, new systems and appliances, updated countertops, flooring and more!
Those looking for modern infill opportunities may also choose Terrace Heights due to its fantastic location and vacant lot opportunities.
Amenities & Schools
Residents of Terrace Heights have access to a variety of amenities, including schools, parks, and recreational facilities. The neighbourhood is home to a public elementary school, Caraway K-6 school. Other educational opportunities can also be found in the surrounding areas and include The Waldorf Independent School of Edmonton, Headway School, Hardisty School, and Otwell School. Parks playgrounds, and green spaces near Terrace Heights including Forest Heights Park, Fulton Park, Fulton Creek Ravine and the river valley trail system. Highlands Golf Club, and the Eastglen and Bonnie Doon Leisure Centre can also be reached in under 5 minutes.
Last but not least, Terrace Heights homeowners appreciate having convenient access to a wealth of shops and services. Not only is Capilano Mall right around the corner (Walmart, Safeway, restaurants, etc.) but Bonnie Doon Shopping Centre and the trendy shops of Whyte Ave are also just a stone’s throw away.
In conclusion, Terrace Heights is a mature and welcoming community in Southeast Edmonton that offers residents a quiet and convenient lifestyle. Thanks to the neighbourhood’s proximity to parks and the river valley, Terrace Heights is also incredibly nature friendly, and ideal for active families. The area’s competitive real estate market also makes it the perfect choice for anyone looking to purchase a renovated started home at a great price. If you are searching for homes for sale in Southeast Edmonton, exploring the available properties in Terrace Heights could lead you to your dream home!