$220K — Priced Right? We Think $214K

Instant price check

Why we estimate $214,500 — $5,400 below the $219,900 asking price

Based on 14 comparable sales near this home, our base market value starts around $205,882.
We layer in condition, layout, and amenity signals from MLS data and listing photos.
At the current asking price, our model suggests this home is aligned with current market value.

Sqft Difference adjustment: -$6,125
Bathroom Count adjustment: -$4,000
High condo fees reduce effective value by $24,706.
Last sold $217,500 → $250,816 (real apartment trend +15.3% over 2.8 years)
High condo fees ($738/mo vs $400 avg): $-40,572 adjustment
No DOM data; estimate unchanged

There is more of the same CMA detail: comp adjustments, sold-data context, and sell-zone logic.

Disclaimer (RECA/CREA Compliance): This is an Automated Valuation Model (AVM), not a certified appraisal. Data is provided for informational purposes only. This estimate is a mathematical guess and should not be relied upon without consulting a licensed REALTOR®.

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💡 Did You Know?

Did you know this 759.72 sq ft condo, built in 2008, boasts a south-facing layout designed for maximum natural light, complete with granite countertops, upgraded cabinets, and a gas stove top with a built-in oven in its open-concept design? You can enjoy direct access to a large south-facing patio from the great room, enhancing the living space. The property also features marble finishes in its 4-piece bathroom and a cozy electric fireplace for added comfort.

Listed by

Leanne M Leuschen

Liv Real Estate

MLS® ID: E4485996

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❓ Frequently Asked Questions

What makes this 1-bedroom apartment at #114 2504 109 ST NW unique?

This charming 1-bedroom, 1-bathroom apartment offers a functional layout and is priced attractively at $219,900. Enjoy the convenience of city living combined with a comfortable and well-maintained living space. It's an ideal option for first-time homebuyers or those seeking a smart investment.

What is the neighborhood like around 109 Street NW in Edmonton?

The 109 Street NW area is known for its vibrant atmosphere and excellent amenities, offering convenient access to shopping, dining, and public transportation. You'll be close to parks and green spaces, providing opportunities for outdoor recreation. This location balances urban accessibility with a pleasant residential feel.

How can BuyMyHomie assist with purchasing this apartment?

BuyMyHomie streamlines the buying process, making it easier to purchase this $219,900 apartment. We offer tools and expert guidance to help you navigate negotiations, financing, and closing, ensuring a smooth and stress-free experience. Connect with us to learn more about how we can help you secure your new home.