$199K — Priced Right? We Think $166K

Instant price check

Why we estimate $166,500 — $32,500 below the $199,000 asking price

Based on 5 comparable sales near this home, our base market value starts around $206,175.
Premium features like estimated lot value are pushing the estimate higher than nearby averages.
At the current asking price, our model suggests this home is priced above what comparable sales support.

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 458.75 sq ft vacant lot in Eastwood presents an exceptional redevelopment opportunity, ideal for infill housing or multi-unit projects, subject to city approval? Its prime location directly across from a school and mere minutes from Kingsway Mall, NAIT, MacEwan University, and Rogers Place offers unparalleled convenience for future residents. This RF3-zoned property is a builder and investor alert, boasting excellent access to transit, shopping, and amenities in a highly desirable central Edmonton area.

Listed by

Wendy M Lam

RE/MAX Elite

MLS® ID: E4495509

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❓ Frequently Asked Questions

What are the key features of this vacant lot at 12016 81 ST NW in Edmonton?

This property is a vacant lot, ideal for development or as an investment. Its specific zoning and size details would need to be confirmed with the city of Edmonton, but it offers a blank canvas for your building aspirations.

What is the neighborhood like around 12016 81 ST NW, Edmonton?

Located in the 81 ST NW area of Edmonton, this property is situated in a developing part of the city. It offers potential for future growth and access to various amenities and transportation routes within Edmonton.

How does the buying process work with BuyMyHomie for this Edmonton property?

BuyMyHomie aims to simplify your purchase of this vacant lot. We facilitate a streamlined process from offer to closing, providing guidance and support to ensure a smooth transaction for your investment in Edmonton.