Springbank Hill Real Estate Market
Springbank Hill real estate statistics as of February 20, 2018 - The number of active homes for sale in Springbank Hill is 52 listings out of which 5 units are condominiums and 7 units are townhouses/attached homes. The average asking price of homes in Springbank Hill is $1,282,044 or $483 per square foot based on an average size home with 2,717 square feet of living space (measured above grade). Active listings in Springbank Hill have been on the market for an average of 74 days while the average number of days that homes have been listed on the MLS® in all of Calgary is 60 days.
Springbank Hill Community Info
Springbank Hill is now one of the five largest communities in the city in terms of the area. As of 2014, it was estimated there were 3,180 homes in the area with over 9,640 residents registered living here, which was an almost 5% increase over the previous year.
When it comes to real estate in Springbank Hill, it has a lot to offer all types of buyers. From single-detached residences to multi-family homes, there's a little bit of something for everyone. There are even beautiful condos and apartments are for sale in Springbank Hill to add diversity for buyers.
The home prices varies greatly based on the size and type of home, but as of 2012 the average selling price for single-family homes was nearly $750,000. Condos went for an average of $350,000. On average homes sold in 44 days while condos took a little big longer at 47 days, meaning properties go quickly in this area due to its appeal.
Some parts of the community being a gated neighbourhood, Springbank Hill offers affluence, privacy, and an upscale look that buyers love. This has contributed to the median household income here being around $116,000 with a limited number of low income residents. The homes here are also beautifully designed, with many having updated exteriors and interiors that appeal to a wide variety of tastes and styles. And although over 87% of properties are single-family style homes, the small selection of row houses, apartments, and condos add a nice amount of variety in the mix.
Springbank Hill Amenities and Highlights
Springbank Hill residents enjoy quick access to a variety of shopping centres due to its close proximity to major roadways such as 17 Ave SW and Glenmore Trail SW. Westhills Shopping Centre is one of the more popular options, as it's just a few minutes east of the community and has over 50 stores including restaurants and banks. Anyone who wants more options for retail stores can visit Chinook Centre, which is just 13 minutes away via AB-8 E. This shopping centre is one of the best in the city and features over 250 store, food, and entertainment options. Richmond Square and Aspen Landing Shopping Centre are both additional options for shopping and restaurants in the area.
There are many schools that serve Springbank Hill, including Menno Simons Christian School, Ernest Manning High School, Rundle College Jr. Sr. High, and Ambrose University. Many more private and public schools can be found at the neighbouring community of Signal Hill. When it comes to healthcare, there are many small offices located around this community and Foothills Medical Centre is an 18 minute drive via Sarcee Trail and the highway.
Further enhancing the appeal of this neighbourhood is the fact that the community association is very active. It plays a major role in connecting residents together and regularly hosts activities and events to help people get to know who they live next to. For those who are looking for churches, this neighbourhood is home to Valleyview Community Church on 25 Ave SW. Although driving to these areas is an option, there are many bus stops in the area to accommodate those who do not wish to drive.
Activities & Things to Do in Springbank Hill
There are several parks sprinkled throughout Springbank Hill, although non are as large as Edworthy Park that's located to the northeast. Anyone looking for some time in the water will enjoy this neighbourhood’s close proximity to Aspen Woods Lake, which is immediately north of the 17 Ave SW border. Beyond the beauty of the water there are several restaurants, grocery stores, and cafés situated around this area. Golf enthusiasts will appreciate the fact that there are two golf courses just minutes to the west, including Elbow Springs Golf Club and Pinebrook Golf and Country Club.
Those looking for more rugged terrain can enjoy visiting the Weaselhead Natural area to the southeast, which is connected to the beautiful Elbow River and North Glenmore Park. Swimming, fitness training, and a variety of sporting facilities are also in close proximity at Westside Recreation Centre. This is located just on the opposite side of the 69 St SW border near the northern side of the community, making it incredibly easy to travel to. Springbank Hill also hosts an outdoor skating rink during the summer that's ran be volunteers from the community.
We'd love to help you with your Springbank Hill real estate purchase. If you have any questions about this area, please don't hesitate to contact us, Joe Samson & Associates at CIR REALTY, 403-681-9651.