$575K — Priced Right? We Think $534K

Instant price check

Why we estimate $534,500 — $40,500 below the $575,000 asking price

Based on 6 comparable sales near this home, our base market value starts around $559,797.
Premium features like finished basement are pushing the estimate higher than nearby averages.
At the current asking price, our model suggests this home is may need a price adjustment to attract buyers.

Finished Basement adjustment: +$25,000
New Build Premium adjustment: +$15,000
Estimated Lot Value adjustment: +$11,241
Capped by active market resistance (active avg: $90,000)
No Garage adjustment: -$25,500
Last sold $507,000 → $516,035 (real detached trend +1.8% over 2.3 years)

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 brand new, 2023-built bi-level home boasts five bedrooms and three bathrooms, with over 1600 square feet of living space? It features a premium kitchen complete with quartz countertops and a large eat-at island, perfect for entertaining, and is ready for quick possession after being completely finished in 2024. Located on desirable Waterton Way, this property offers the unique advantage of backing onto greenspace, providing a tranquil backdrop for its residents.

Listed by

Joanne Myhre Copeland

Coldwell Banker Lifestyle

MLS® ID: E4495954

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❓ Frequently Asked Questions

What makes this 5-bedroom home at 314 Waterton Wy unique?

This detached single-family home boasts 5 spacious bedrooms and 3 full bathrooms, offering ample space for a growing family or those who love to entertain. Its prime location in Cold Lake provides convenient access to local amenities while offering a comfortable living environment.

What is the neighborhood like around 314 Waterton Wy in Cold Lake?

Situated in a desirable Cold Lake neighborhood, 314 Waterton Wy offers a friendly atmosphere with proximity to parks, schools, and essential services. Enjoy the benefits of a family-oriented community with easy access to recreational opportunities that Cold Lake is known for.

How can BuyMyHomie assist with purchasing this $575,000 property?

BuyMyHomie simplifies the buying process by offering expert guidance and a streamlined platform to navigate your purchase of this 5-bedroom home. We can help you with everything from scheduling viewings to understanding financing options and closing the deal efficiently.