$370,000
101 2nd Street East
Derwent, Alberta
4bed2bath1,304sqft
Alberta
Derwent Real Estate
Browse homes for sale in Derwent • Median $242,450
$242,450Median Price
30Avg Days on Market
3Detached
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About Derwent Real Estate
Nestled in the heart of Alberta, Derwent is a charming small town that boasts a rich history and a close-knit community atmosphere. Originally established as a railway town, Derwent has maintained its small-town charm while offering modern conveniences. The town's historical roots are reflected in its well-preserved architecture and the stories of its founding families, making it an intriguing place for history enthusiasts. The friendly faces and welcoming spirit of the residents contribute to a warm and inviting environment that newcomers quickly embrace.
Derwent is characterized by its serene landscapes, with expansive farmland surrounding the area and picturesque views of the Alberta countryside. The town's unique blend of agricultural heritage and community-focused living makes it an appealing destination for individuals and families looking to escape the hustle and bustle of larger cities. With a steady population and a range of local services, Derwent offers a simplified lifestyle that many find rejuvenating.
What sets Derwent apart is its commitment to fostering a strong sense of community. Local events such as farmers' markets and seasonal celebrations bring residents together, allowing neighbors to connect and build lasting relationships. This vibrant community spirit is particularly appealing to families and retirees seeking a supportive environment. Additionally, the town's proximity to larger urban centers provides residents with easy access to more extensive amenities while allowing them to enjoy the tranquility of rural life.
As a result, Derwent has become a desirable location for those in search of affordable housing options without sacrificing quality of life. The median listing price of $138,000 is particularly attractive for first-time buyers and young families looking to establish roots in a welcoming community.
3 active listings with a median price of $138,000.
Lifestyle & Community
Living in Derwent offers a peaceful and family-oriented lifestyle enriched by a strong community feel. Residents enjoy the tranquility of rural living while having access to essential services and amenities. The town hosts various community events throughout the year, from local markets to seasonal festivals, encouraging neighbors to come together and celebrate their shared interests and traditions. The vibe in Derwent is friendly and laid-back, ideal for those who appreciate a slower pace of life, outdoor activities, and the beauty of nature. It's a place where families can thrive, and connections are fostered through shared experiences.
Local Amenities
- Local grocery store
- Community center
- Public library
- Post office
- Elementary school
- Parks and recreational facilities
- Dining options including cafes and diners
- Gas stations
- Sports fields
- Nearby agricultural markets
- Health clinic
- Childcare services
Points of Interest
- Derwent Historical Society Museum
- Local parks with walking trails
- Derwent Community Hall
- Nearby recreational lakes for fishing and boating
- Annual agricultural fairs
- Local art exhibitions and showcases
- Scenic driving routes through the countryside
- Outdoor sports facilities
- Cultural events at the community center
Market Overview
The real estate market in Derwent is currently characterized by a limited number of active listings, with only 3 properties available for sale. The median listing price of $138,000 offers an attractive entry point for potential buyers, particularly those looking for affordable housing options. The market is stable, with steady demand from first-time buyers and families. Buyers should expect a tight market, so acting quickly on listings is advisable, given the limited inventory.
Investment Outlook
Derwent presents a solid investment opportunity for those interested in affordable real estate in a community-oriented setting. The rental market is viable, particularly for families and workers commuting to nearby urban centers. With the current trend of people seeking more space and a slower pace of life, properties in Derwent are likely to see appreciation as demand continues to grow. Additionally, any future developments aiming to enhance local amenities can further boost property values.
Ideal For
Derwent is ideal for first-time buyers, families seeking a supportive community, and retirees looking for a tranquil lifestyle. The affordable housing market attracts those looking to invest in their first home, while the welcoming atmosphere makes it a great place for families to settle down and thrive.
Living in Derwent
Lifestyle
Living in Derwent offers a peaceful and family-oriented lifestyle enriched by a strong community feel. Residents enjoy the tranquility of rural living while having access to essential services and amenities. The town hosts various community events throughout the year, from local markets to seasonal festivals, encouraging neighbors to come together and celebrate their shared interests and traditions. The vibe in Derwent is friendly and laid-back, ideal for those who appreciate a slower pace of life, outdoor activities, and the beauty of nature. It's a place where families can thrive, and connections are fostered through shared experiences.
Local Amenities
Local grocery storeCommunity centerPublic libraryPost officeElementary schoolParks and recreational facilitiesDining options including cafes and dinersGas stationsSports fieldsNearby agricultural marketsHealth clinicChildcare services
Market Insights
The real estate market in Derwent is currently characterized by a limited number of active listings, with only 3 properties available for sale. The median listing price of $138,000 offers an attractive entry point for potential buyers, particularly those looking for affordable housing options. The market is stable, with steady demand from first-time buyers and families. Buyers should expect a tight market, so acting quickly on listings is advisable, given the limited inventory.
Investment Potential
Derwent presents a solid investment opportunity for those interested in affordable real estate in a community-oriented setting. The rental market is viable, particularly for families and workers commuting to nearby urban centers. With the current trend of people seeking more space and a slower pace of life, properties in Derwent are likely to see appreciation as demand continues to grow. Additionally, any future developments aiming to enhance local amenities can further boost property values.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
1
$200K – $400K
1
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Frequently Asked Questions About Derwent
There are currently 2 active residential listings in Derwent. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.