Real Estate in Sherwood Park, AB

With over 70,618 (2016 Census), this residential community has made it into the Guinness Book of World Records for the world's largest hamlet. Located just 1.7 miles from Edmonton, the hamlet has become a top choice for families and those who want to get away from the bustle of the big city - yet want access to premier facilities and amenities.

The hamlet has benefited from being part of the Strathcona region in which the tax base is split 64 percent for non-residential and 36 percent residential. The large industrial area within the region, which includes Refinery Row, contributes largely to this tax base and provides jobs for many of Sherwood Park's population.

Sherwood Park has a diverse demographic, with the majority being ~40 years of age, with average household incomes of $160,655, with homes for sale averaging in the $427,500 (Jan 2021) range.

Homes for Sale in Sherwood Park

What started in the 1950s with Sherwood Heights as one of the hamlet's first residential areas has grown to 49 neighbourhoods. Whether you are looking for single-family home, multi-family, condo or a duplex, Sherwood Park offers a range of housing options. With recent changes due to the pandemic, low-interest rates, and economy, many people have sought the comfort and convenience of suburban living. Sherwood Park is no exception, with homes and townhouses for sale being up 50 percent in 2021 over the same period in 2020. This high demand and short supply have made building a new home an option for those who can afford it.

Even in this aggressive market, the good news for first-time homebuyers is that they will find that their budgets can still take them further than before. Damon Bunting works with top mortgage brokers who can help you take advantage of these low interest rates. For seasoned buyers looking at homes for sale, they will benefit from the higher than average offers on their property and leverage their increased incomes to buy larger properties.

Sherwood Park Condo Market

For many looking to transition out of paying rent, it can make sense to put their investment into a condo. Condos for sale in Sherwood Park can offer the perfect blend of convenience and affordability. Well-suited for busy professionals and new homeowners looking at building up their equity and those who just want to save time, space, and money. Premium condos and townhouses for sale often will have other amenities such as fitness facilities, communal areas, pools, and sports courts. For realtors, Sherwood Park requires us to have a deep understanding of the area so we can find a perfect fit for our client’s needs.

An established community full of amenities and opportunities for growth

Strathcona County has a classification of a specialized municipality that gives it the unique ability to provide for rural and urban areas. Within its thousand square kilometer area, Strathcona County also has rich natural and protected areas, including Elk Island National Park, Beaver Hills Biosphere, and Ministik Bird Sanctuary.

Sherwood Park and Strathcona County have a full complement of facilities from leisure to professional athletes, including Millennium Place, Glen Allan Recreation Complex, Ardrossan Recreation Complex, Emerald Kinsmen Leisure Centre, and Hills Leisure Centre.

For outdoor recreation, there are countless activities and areas to explore in Strathcona County, from camping at the Wilderness Centre, canoeing at Islet Lake, stargazing at Elk Island Park, cross country skiing, golfing, swimming, curling, and ice skating. The area also has many top fitness studios and gymnasium facilities.

One of the top reasons to invest in Sherwood Park real estate, is the continual growth and development of the hamlet. For instance, the hamlet's urban centre has also undergone significant development in infrastructure and architecture. Centre in the Park has helped solidify the heart of Sherwood Park in the creation of a sustainable community area that combines municipal, community, retail and recreational experiences. Existing services and amenities are integrated into the area, including Festival Place, Public Library, Broadmoor Lake Park, and schools. It's a great place to go for a walk and enjoy the many shops and restaurants. For those who would like to live in a townhouse, Sherwood Park has a number of exceptional developments like Centre in the Park.

Festival Place is a premiere facility that since 1994 has hosted both local and international performers from concerts, comedy to plays. The theatre, which has a 500-person capacity, is a great option for family-friendly events, fundraisers, and community gatherings.

Sherwood Park has over 40 schools serving K-12 including both public and private when it comes to education. For those attending post-secondary institutions, both the University of Alberta, NAIT, and GrantMacEwan are a short commute to Edmonton.

When considering homes for sale, Sherwood Park offers many conveniences, such as its modern local transit system that offer commuter service to Edmonton. The hamlet has numerous bike routes and cycling paths to reduce traffic congestion.

Sherwood Park has many savoury places to dine out at or enjoy patios with friends and family for those looking to dine out. Of course, there are some great cafes including, Roasti, Cafe Haven, Common Ground and Remedy, to name a few.

With a strong economy, the housing market, infrastructure and community, there is a reason why many have chosen to call Sherwood Park home.

If you are looking for a top-performing realtor from Remax, Sherwood Park customers have the Damon Bunting team to help buy and sell their homes.