How many homes sold in Riverbend Edmonton?
Riverbend real estate sales statistics for July-September 2020
Riverbend home sales include the communities of Brander Gardens, Brookside, Bulyea Heights, Carter Crest, Falconer Heights, Henderson Estates, Ogilvie Ridge, Ramsay Heights and Rhatigan Ridge in the southwest of Edmonton.
According to the REALTORS® Association of Edmonton for this 3rd quarter, the average price for single-family homes absorbed in the Edmonton region decreased by 3% year-over-year in August to $551,619. In southwest Edmonton, there were 99 houses sold in September,129 in July and 109 houses sold in August.
For the city of Edmonton, there were a total of 2236 new listings, 1309 sales with an average single-family sold house price of 447,725 in September. In August 2167 new listings, 1280 sales with an average house price of $446,982. July there were 2,391 new listings with 1524 home sales and an average sold house prices at $445,351.
There were a total of 66 homes sold in Riverbend in the third quarter of 2020 with an average of 58 days on the market. This year, there have been a total of 101 Riverbend houses sold with a median sale price of $604,400.
Recent Riverbend Home Sales:
In July 2020, there were 34 Riverbend homes sold including 3 duplexes, 3 condominiums, 7 luxury properties with Rhatigan Ridge being the most popular community. Sold Riverbend house prices in July range from $605,823 to $1,110,000.
In August 2020, there were 17 Riverbend homes sold including 2 bungalow style duplex condos in Bulyea Heights and 2 luxury properties. Sold Riverbend house prices for the month of August range from $436,800 to $973,000.
In September 2020, there were 15 Riverbend homes sold including 3 condos in Brander Gardens, 1 bi-level and 3 older split level properties. Sold Riverbend house prices in September range from $440,000 to $700,000.
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Riverbend Edmonton - An Extraordinary Place to Live
Riverbend is one of the best places to live in southwest Edmonton surrounded by mother nature. It is divided into two parts - Old Riverbend on the west and new Riverbend on the east. Riverbend is located off of Terwillegar drive a few minutes from the University of Alberta.
House prices in Riverbend Edmonton range from move-up to luxurious home prices. Old Riverbend is located on the west side of Terwillegar Drive and includes the communities of Brander Gardens, Brookside, Ramsay Heights, and Rhatigan Ridge.
Living in Riverbend
The newer part of Riverbend is located on the west side of Terwillegar Drive, bounded by Whitemud Creek Ravine and 23 Avenue NW offering homeowners here breathtaking and beautiful scenery year-round. This part of Riverbend includes the communities of Bulyea Heights, Carter Crest, Falconer Heights, Henderson Estates, and Ogilvie Ridge.
Bulyea Heights offers more walking trails than any other Riverbend community and with the presence of the Whitemud Creek Ravine, which runs the eastern length of Bulyea Heights, is the most striking community. Almost every house in Bulyea Heights is owner-occupied with several of these homes touching the edges of the ravines with more walking trails, natural paths for hiking and run-off streams from the North Saskatchewan River. Bulyea Heights was named after George Hedley Vicars Bulyea, the first Lieutenant-Governor of Alberta.
Carter Crest is a smaller upper-class Riverbend community features a combination of single-detached housing, construction prior to 1990s. There are only a few roads in this community which swirl and curve to limit the negative effects of traffic, maximize land space and allows its homeowners bigger lots. Carter Crest is within walking distance to the Terwillegar Recreation Center and is named after Robert I. Carter, a Canadian government agent who advised Americans on their immigration prospects in Canada.
Falconer Heights is one of the few Riverbend communities which offer several amenities including a medical centre, a library, fast food restaurants, banks, and more located in Riverbend Square. This portion of Riverbend is popular with the ageing community and features a fantastic retirement community. There is no school site located within Falconer Heights, but there is a large future school/park site adjacent to Henderson Estates. It was named after James F. Falconer, who was involved in the formation of the Edmonton Names Advisory Committee in the mid-1950s.
The Henderson Estates is nestled between Old Riverbend and Haddow in Terwillegar Heights bounded by the River Valley which runs the length of the community, providing homeowners with excellent access to our greatest natural asset. Due to the natural beauty and breath-taking views, many of these Henderson Estates properties will run into the multi-million dollar price range. Henderson Estates is named after Thomas Henderson, a homesteader in the Riverbend area in the late 19th century who imported Italian honey bees to his farm.
When originally built, Ogilvie Ridge was to be a private, elite, gated community until the city decided, Edmonton against any gated communities. It is bordered by Bulyea Heights, Whitemud Creek ravine, and west by the Rabbit Hill. Ogilvie Ridge features a natural topography with an integration of the North Saskatchewan River Valley ravine system defining this community. Ogilvie Ridge was named after James H. Ogilvie, a politician, a lawyer, and a veteran of World War I.
Old Riverbend Edmonton - A Favorite Place to Live
Riverbend is one of the best places to live in Edmonton. It is divided into two parts - East and west of Terwillegar Drive. House prices range from move-up to luxurious home prices. Unlike any other district in the city, Riverbend offers it's homeowners plenty of mother natures natural scenic beauty with community walking paths and river valley access all within walking distance.
Riverbend consists of nine communities. The new part of Riverbend is located on the east side of Terwillegar Drive and includes the communities of Bulyea Heights, Carter Crest, Falconer Heights, Henderson Estates, and Ogilvie Ridge.
Living in Old Riverbend
Rhatigan Ridge was first subdivided in 1980 with various house styles from large luxury homes on spacious lots, especially near the edges of the river valley to a range of more modest executive-style houses. Rhatigan Ridge encompasses the Riverbend community league beside St. Mary Catholic School and features a high point of land with panoramic views south of Riverbend Road. Rhatigan Ridge was named after of Thomas Rhatigan, a farmer who was famous for the quality of his wheat and oats and was proclaimed World Oat King at the Royal Winter Fair three times.
Brander Gardens offers more deserve homeownership with plenty of townhouse and apartment condominiums to choose from. When originally built, the majority of these condos were focused on the upper-class and elite. Located in the western portion of Brander Gardens are some of Edmonton's most magnificent properties, originally called Glamorgan. Homeowners here are treated with the proximity to the Fort Edmonton Walking trails and Footbridge which crosses to the Wolf Willow Ravine. Brander Gardens was named in honour of George Brander, who established a peony garden in the Bonnie Doon until the 1940s.
Brookside, nestled away from the rest of Riverbend bounded by Whitemud Creek Ravine North with scenic views of our Downtown. Most houses in Brookside are executive style homes constructed in the 1970s with above average-sized lots and mature landscaping. Brookside homeowners enjoy the natural woodland habitat, skiing at the Snow Valley Ski Club and Rainbow Valley Park, access to river valley park trails, and other recreational facilities.
Ramsay Heights is Riverbend's oldest community located in a prime real estate location and features a mix of housing equally split between single-family houses and condominiums. Ramsay Heights offers a high elevation vantage point with panoramic views of Edmonton. A large portion of the detached houses in Ramsay Heights runs along the river Valley on 154 Street and Whitemud Road. There are also a few luxury houses located in the original Glamorgan subdivision adjacent to the river valley. Ramsay Heights was named for Walter Ramsay, a principal at McKay Avenue and Queen Avenue School, then became the cities first commercial florist.