$115M — Priced Right? We Think $144K

Instant price check

Why we estimate $144,500 — $114,855,500 below the $115,000,000 asking price

Based on 5 comparable sales near this home, our base market value starts around $148,362.
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 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 that this renovated 841.1 sq ft apartment, built in 1981, boasts a unique layout with two bedrooms, a modern IKEA kitchen, and a spacious living room that opens onto a screened-in covered balcony? The property also offers the convenience of on-site amenities including a daycare, bakery, and convenience stores, all within the well-managed ADA PLACE building. Furthermore, its prime location on 118 Ave NW provides a direct bus stop at the building's front, offering quick connections to the city center, major institutions like the Royal Alexandra Hospital and NAIT, and the river valley.

Interior photo 1 of #314 5316 118 AV NW NW

Interior photo 2 of #314 5316 118 AV NW NW

Interior photo 3 of #314 5316 118 AV NW NW

Interior photo 4 of #314 5316 118 AV NW NW

Listed by

Alan H Thom

NOW Real Estate Group

MLS® ID: E4494914

Is #314 5316 118 AV NW NW worth its $115,000,000 asking price?

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❓ Frequently Asked Questions

What are the key features of this 2-bedroom apartment at 5316 118 Ave NW?

This apartment features 2 bedrooms and 1 bathroom, offering a comfortable living space. It is situated within a larger apartment building, suggesting access to shared amenities and a community atmosphere.

What is the neighborhood like around 5316 118 Ave NW in Edmonton?

The 118 Ave NW area in Edmonton is known for its blend of residential and commercial properties, offering convenient access to amenities and services. It's a well-established part of the city with potential for walkability and local community engagement.

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

BuyMyHomie aims to simplify the buying process, potentially offering streamlined services for viewing, offer submission, and closing. Contact BuyMyHomie directly for specific details on their tools and support available for purchasing this apartment.