$275K — Priced Right? We Think $190K

Instant price check

Why we estimate $190,500 — $84,202 below the $274,702 asking price

Based on 11 comparable sales near this home, our base market value starts around $165,498.
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.

Sqft Difference adjustment: -$12,128
Bathroom Count adjustment: -$5,542
High condo fees reduce effective value by $14,849.
Last sold $207,800 → $248,240 (real apartment trend +19.5% over 4.1 years)
High condo fees ($524/mo vs $400 avg): $-14,849 adjustment
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 720.97 sq ft apartment, built in 2001 in the Strathcona Centre subdivision of Sherwood Park, boasts luxury vinyl plank floors and an east-facing balcony perfect for enjoying morning sunrises? The Sierras of Sherwood complex offers a wealth of amenities including a hot tub, swimming pool, fitness centre, and even a craft room, ensuring you'll never run out of things to do. Furthermore, ample storage is provided by multiple large closets and a dedicated storage locker adjacent to your heated, underground parking stall.

Listed by

Scott J Macmillan

RE/MAX Elite

MLS® ID: E4494434

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❓ Frequently Asked Questions

What are the key features of this 1-bedroom apartment at #335 200 Bethel Dr?

This apartment boasts a modern open-concept layout perfect for comfortable living and entertaining. It includes a dedicated parking stall and ample storage space, making it a practical and appealing choice for its size.

What amenities and conveniences are available near 200 Bethel Dr in Sherwood Park?

The location offers excellent access to numerous amenities, including shopping centers, restaurants, and recreational facilities like parks and trails. Public transportation routes are also readily accessible, making it easy to navigate Sherwood Park and beyond.

How does the BuyMyHomie process work for purchasing this apartment?

BuyMyHomie simplifies the buying process by offering a streamlined digital platform for viewing, making offers, and completing transactions. Our dedicated agents provide expert guidance throughout, ensuring a smooth and transparent experience from initial inquiry to closing.