$350K — Priced Right? We Think $316K

Instant price check

Why we estimate $316,000 — $33,900 below the $349,900 asking price

Based on 6 comparable sales near this home, our base market value starts around $335,353.
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
No Garage adjustment: -$25,500
Older Home Discount adjustment: -$8,000
Last sold $314,550 → $304,211 (real detached trend -3.3% over 1.0 years)
Prev-sale weight: 63% (time_conf=0.93, adj_conf=0.97, age=1.0yr)
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 1957-built detached single-family home in Edmonton's Newton subdivision has been professionally renovated, boasting a fantastic floorplan with three bedrooms and a 4-piece bathroom on the main floor? The main living area features gorgeous vinyl plank flooring, a spacious living room with a fireplace, and a remodeled kitchen complete with quartz counters and a full appliance package, while the basement offers a separate entrance and is already framed for an additional bedroom, suggesting strong potential for a basement suite. This property also includes a fully fenced backyard, a single detached garage, and RV parking.

Listed by

Errol J Scott

Exp Realty

MLS® ID: E4494428

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❓ Frequently Asked Questions

What is the asking price for 12220 51 ST NW?

This 4-bedroom property is listed at $349,900 CAD. Pricing is subject to change—use BuyMyHomie's personalized matching to see if it fits your budget and preferences.

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Located in Edmonton, this property offers convenient access to local amenities. Start your personalized matching on BuyMyHomie to learn more about the area and find homes that fit your lifestyle.

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