$200K — Priced Right? We Think $158K

Instant price check

Why we estimate $158,500 — $41,400 below the $199,900 asking price

Based on 13 comparable sales near this home, our base market value starts around $224,607.
Premium features like finished basement 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.

Finished Basement adjustment: +$25,000
Estimated Lot Value adjustment: +$4,690
Mid Era No Imgs Discount adjustment: -$5,000
High condo fees reduce effective value by $26,953.
Last sold $102,500 → $117,608 (real townhouse trend +14.7% over 2.9 years)
High condo fees ($582/mo vs $300 avg): $-33,828 adjustment

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®.

📊 Price Context

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💡 Did You Know?

Did you know this 1977-built townhouse offers a unique vaulted ceiling in one of its three bedrooms, a feature uncommon in many homes? The main floor boasts a functional layout with a convenient half-bath, seamlessly connecting the living room, dining area, and a kitchen updated with quartz counters and a new backsplash. With a condo fee that thoughtfully includes heat, water, and sewer, and low estimated taxes for 2025, this property provides a cost-effective living solution.

Interior photo 1 of #122 16340 109 ST NW

Interior photo 2 of #122 16340 109 ST NW

Interior photo 3 of #122 16340 109 ST NW

Interior photo 4 of #122 16340 109 ST NW

Listed by

Patrick D Fields

Real Broker

MLS® ID: E4492714

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❓ Frequently Asked Questions

What are the key features of this 3-bedroom townhouse?

This townhouse features 3 spacious bedrooms and 1.5 bathrooms, offering ample space for families or roommates. Enjoy a functional layout and the convenience of in-unit laundry, making daily living a breeze.

What is the neighborhood like around 16340 109 ST NW in Edmonton?

This property is located in a well-established Edmonton neighborhood known for its convenience and amenities. You'll find proximity to parks, schools, and essential services, making it an attractive location for residents.

How can BuyMyHomie assist with purchasing this townhouse?

BuyMyHomie streamlines the home buying process, offering expert guidance and support from search to closing. Our dedicated team ensures a smooth and transparent transaction, helping you secure this fantastic townhouse with confidence.