$540,000
5304 55 AV
Tofield, Alberta
3bed2bath
Exp Realty
MLS® E4471841
detached in Tofield
Browse 19 active listings
Market Analysis
In Tofield, AB, the detached home market attracts a diverse group of buyers, from young families to retirees. Families appreciate the ample space and backyard that detached homes provide, particularly in neighborhoods like Maplewood and Tofield Estates. These areas are known for their friendly communities and proximity to schools such as Tofield School and École St. Peter, where children can safely walk or bike. Retirees, on the other hand, often seek quiet neighborhoods with easy access to local amenities and parks, making homes on streets like 54 Avenue and 52 Street particularly appealing. As more people move away from urban centers, Tofield's welcoming environment and competitive prices make it an attractive option for those looking for a slower pace of life without sacrificing convenience. The sense of community, combined with the outdoor recreational opportunities available, means that buyers in this segment often value lifestyle as much as property features.
Price Insights
With a median price of $218,450 and an average price of $259,900 for detached homes, buyers in Tofield can expect to find a range of options that cater to various needs and budgets. At the lower end, properties may feature two or three bedrooms, ideal for first-time homeowners or those looking to downsize. Homes in established neighborhoods like Tofield Heights often include larger lots and mature trees, offering a charming atmosphere. As you move up the price scale, buyers can find more modern amenities, spacious yards, and additional bedrooms, perfect for growing families. For instance, a well-maintained detached home on 46 Street might list for around $300,000, providing a backyard oasis and close proximity to local parks, while a newer build in the upscale Maplewood area may command prices upward of $500,000, featuring open-concept designs and energy-efficient appliances. Regardless of the price point, buyers will find good value in Tofield's housing market, especially given its competitive nature and limited supply.
Available Properties
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About This Property Type
Detached homes in Tofield are characterized by their individuality and spacious lot sizes, often providing homeowners with ample outdoor living space. Typically featuring three to five bedrooms, these properties cater to various buyer demographics, from young families to retirees. Many homes boast traditional layouts with living rooms, dining areas, and basements that can be converted into additional living spaces or recreational areas. Neighborhoods like Tofield Estates and Maplewood feature a mix of mature and contemporary styles, with homes built in the 1980s alongside newer constructions. Buyers can find properties with modern updates and features such as double garages, fenced yards, and energy-efficient windows. With a variety of sizes and styles, the detached homes in Tofield offer something for everyone, whether you're seeking a cozy starter home or a spacious family retreat.
Location Highlights
Tofield, nestled in Strathcona County, offers a unique blend of small-town charm and modern conveniences. The community is well-equipped with essential amenities, including grocery stores, dining options, and local services, all accessible within a short drive or walk. Notable spots include the Tofield Mall, where residents can find a variety of shops and the local library, perfect for family outings. Residents also enjoy the proximity to stunning outdoor recreation at nearby parks such as the Tofield Park and the scenic Beaverhill Lake. The town's location along Highway 14 provides easy commuting options to Edmonton, making it an attractive choice for those who work in the city but prefer the tranquility of a rural lifestyle. Additionally, the annual Tofield Agricultural Fair and local markets foster a vibrant community spirit, making this area a wonderful place to call home.
Investment Advice
Investing in a detached home in Tofield is a wise decision, particularly given the current competitive market conditions and limited housing supply. With the average price hovering around $259,900, buyers can purchase homes that not only fulfill their residential needs but also serve as a long-term investment. As Tofield continues to grow and attract new residents, property values are likely to see appreciation, making this an opportune moment to enter the market. Furthermore, Tofield's family-friendly atmosphere, strong community ties, and access to amenities ensure that homes in this area remain desirable. With the potential for increased demand, especially among families and retirees seeking a peaceful lifestyle, investing in real estate here can yield significant returns over time, especially as urban sprawl pushes housing prices higher in nearby cities.
Buying Tips
Navigating the competitive detached home market in Tofield requires strategic planning and a keen understanding of local conditions. First and foremost, it's essential to get pre-approved for a mortgage to enhance your position when making offers. With properties moving quickly, having financing in place can make your offer more appealing to sellers. Additionally, working with a local real estate agent who understands the nuances of Tofield’s neighborhoods, such as Maplewood and Tofield Estates, can provide invaluable insights and give you access to listings before they hit the market. Finally, consider your long-term goals when evaluating properties; think about potential renovations or expansions that could increase your home's value down the road. This foresight can turn a nice house into a dream home and a solid investment.
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Frequently Asked Questions About Tofield
How many detached homes are for sale in Tofield?
There are currently 19 detached homes listed for sale in Tofield on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Tofield?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.