$299K — Priced Right? We Think $266K

Instant price check

Why we estimate $265,500 — $33,500 below the $299,000 asking price

Based on 5 comparable sales near this home, our base market value starts around $297,475.
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: +$8,488
No Garage adjustment: -$25,500
Century Home Discount adjustment: -$25,000
Last sold $169,900 → $207,641 (real detached trend +22.2% over 5.2 years)
Prev-sale weight: 36% (time_conf=0.63, adj_conf=0.82, age=5.2yr)

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 1923-built bungalow in Calder has been significantly renovated, boasting new siding, flooring, light fixtures, and updated bathrooms? The unique layout offers a complete living experience on both levels, with two bedrooms, a full bathroom, and laundry on the main floor, complemented by an additional two bedrooms, a bathroom, and a kitchenette in the fully finished basement. This 766.72 sq ft home is also conveniently located close to schools, shopping, and parks, offering a functional and modern living space for its $299,000 price.

Listed by

Nosheen Arif

2% Realty Pro

MLS® ID: E4491045

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❓ Frequently Asked Questions

What are the key features of this 4-bedroom home at 12717 116 ST NW?

This detached single-family home offers 4 bedrooms and 2 bathrooms, providing ample space for families. The property is ideally situated in a well-established Edmonton neighborhood, making it a comfortable and convenient place to live.

What is the neighborhood like around 12717 116 ST NW in Edmonton?

The 116 ST NW area is known for its family-friendly atmosphere and proximity to various amenities. Residents enjoy convenient access to local parks, schools, and shopping centers, contributing to a desirable living environment.

How can BuyMyHomie help me purchase this $299,000 property?

BuyMyHomie streamlines the home-buying process, offering expert guidance and support from offer to closing. We aim to make your experience as smooth and stress-free as possible, ensuring you find and secure your perfect home with confidence.