Terrace Heights Edmonton Homes for Sale – Terrace Heights Edmonton Real Estate

Terrace Heights Edmonton Homes for Sale by Norm Cholak of RE/MAX River City Real Estate Edmonton. For further information or to view any of these Terrace Heights Edmonton homes please call Norm at 780-991-1313 or email Norm at norm@normcholak.com

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TERRACE HEIGHTS EDMONTON HOMES FOR SALE

For further information on any of these Terrace Heights Edmonton Homes for Sale, call Norm Cholak at 780-991-1313 or email norm@normcholak.com. Norm is an expert and experienced Realtor in the Terrace Heights area of Edmonton and can help you buy or sell your Terrace Heights Edmonton Home today!

TERRACE HEIGHTS EDMONTON REAL ESTATE

Terrace Heights is a roughly triangle-shaped residential neighbourhood in south east Edmonton, Alberta, Canada.

According to the 2001 federal census, most of the development in the neighbourhood occurred in the first fifteen years after World War II. It was during this time that 84% of the residences in the neighbourhood were constructed. Another nine percent were constructed during the 1970s, with substantially all residential construction complete by the end of 1980.

Residences in Terrace Heights are split roughly equally, according to the 2005 municipal census, between single-family dwelling (49%) and apartments (48%). Just over half the apartments are in low-rise buildings with fewer than five stories. The remaining apartments are in high-rise buildings with five or more stories. The remaining 3% of residences are duplexes. Almost six out of every ten residences (57%) are rented, with only four out of ten (43%) are owner-occupied.

There is a single school, Terrace Heights Elementary School, in the neighbourhood operated by the Edmonton Public School System.

Capilano Mall, a major shopping centre, is located just to the south of the neighbourhood on the south side of Terrace Road.

The neighbourhood is bounded on the west by 75 Street and Wayne Gretzky Drive, on the south by 98 Avenue and Terrace Road, and on the north east by 101 Avenue (east of 63 Street) and by Fulton Creek Ravine (west of 63 Street). Travel along 98 Avenue gives residents good access to the downtown core. Travel north along Wayne Gretzky Drive gives residents good access to Edmonton Northlands and Rexall Place.

Terrace Heights saw five homes sell between April 1st and June 30th, 2015, Edmonton’s second real estate quarter of the year. A four bedroom, two bathroom, 1,374 square foot home that sold for $429,500 marked the high end of Terrace Heights home sales, and a three bedroom, one bathroom, 1,089 square foot home for $393,000 marks the Terrace Heights average this quarter. On the affordable end of things was a three bedroom, one bathroom, 596 square foot home for $298,000.

A total of 1 homes SOLD in Terrance Heights this fourth real estate quarter of 2015. The highest priced home SOLD in Terrance Heights this fourth real estate quarter of 2015 was a 4 bed, 2 bath, 1115 square foot home for 400000, and the lowest was a 4 bed, 2 bath, 1115 square foot home for 400000, bringing the average to 400000 for 4 beds, 2 baths, and 1115 square feet.