$749,900
73078 SOUTHSHORE DR
Widewater, Alberta
4bed2bath
RE/MAX Elite
MLS® E4471321
detached in Widewater
Browse 2 active listings
Market Analysis
Widewater attracts a diverse group of buyers, primarily families and retirees looking for a peaceful community atmosphere away from the hustle and bustle of larger urban centers. The proximity to Lesser Slave Lake makes it a desirable location for those who appreciate outdoor activities such as fishing, boating, and hiking. Additionally, first-time homebuyers are drawn to Widewater due to its competitive pricing under $750,000, particularly in the wake of rising prices in nearby towns. The market is characterized by buyers seeking more space and a sense of community, often gravitating towards properties on streets like 1st Avenue and 2nd Street, which are known for their friendly neighbors and family-oriented vibe.
Price Insights
With a median price of $459,000 and an average price of $452,660, buyers in Widewater can expect to find well-maintained detached homes with spacious yards and modern amenities. Properties priced around $400,000 typically feature three to four bedrooms, making them ideal for families, while homes closer to $700,000 may offer updated finishes, larger square footage, and prime locations with stunning lake views. Buyers can capitalize on the competitive market by securing homes that often come with features such as detached garages and expansive outdoor spaces. The price-to-value ratio in Widewater is favorable, particularly when compared to the escalating costs in nearby municipalities.
Available Properties
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About This Property Type
Detached homes in Widewater are defined by their spacious layouts and family-friendly designs, often ranging from bungalows to two-storey residences. Common features include large backyards, perfect for gardening or entertaining, and ample space for parking. Many homes are equipped with modern amenities like updated kitchens and energy-efficient appliances, appealing to buyers looking for comfort and convenience. On streets like 3rd Avenue and North Shore Drive, you’ll find a mix of older homes with character and newer builds that reflect contemporary design trends, making the neighborhood visually appealing and diverse in style.
Location Highlights
Widewater is strategically located near Lesser Slave Lake, providing residents easy access to stunning waterfront activities and natural beauty. The community is enriched by local amenities such as Widewater School, which offers quality education for families, and the Widewater Recreation Centre, ideal for leisure activities and community events. The nearby parks, including the serene Widewater Park, are perfect for picnicking, walking, and enjoying the natural landscape. Additionally, the area’s proximity to Slave Lake allows for more extensive shopping and entertainment options while maintaining a tranquil small-town charm that residents cherish.
Investment Advice
Investing in a detached home in Widewater is a smart choice given the current competitive market and limited inventory. With the average price in the range of $450,000, buyers are acquiring properties that not only offer immediate comfort but also hold potential for appreciation, especially as urban expansion continues. The community's appeal to both families and retirees ensures a stable demand for housing. Additionally, the scenic location near Lesser Slave Lake makes it a desirable spot for seasonal tourism, which can enhance property value over time. Long-term investment in this market could yield significant returns as development and infrastructure improvements progress.
Buying Tips
For prospective buyers in Widewater, it’s essential to conduct thorough research on the market trends and property values in specific neighborhoods. Start by visiting various properties on streets like 4th Avenue and 5th Street to get a feel for the community and available amenities. Engage with local real estate agents who have expertise in the area; they can provide valuable insights and potentially uncover off-market opportunities. Be prepared to act quickly, as homes in this price range are moving fast due to the limited supply. Finally, consider your long-term plans and lifestyle needs to ensure that your new home meets your family's requirements.
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Frequently Asked Questions About Widewater
How many detached homes are for sale in Widewater?
There are currently 2 detached homes listed for sale in Widewater on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Widewater?
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.