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Ramsay Heights At A Glance

• Population (2012): 3349
• Density: 2557 people/km² (not very dense)

Homes in Ramsay

• Average Asking Price (2012): $464,000
• Asking Price Range (2012): $140,000 to $1,475,000
• Average Home Size (Approx): 1970 ft²
• Size Range (Approx): 750 ft² to 4350 ft²

Homes for Sale in Ramsay Heights

Real Estate Market Statistics

• Hot Market Index (2012):  45.8 °G
• Absorption (2012): 61.3%
• Buyer Willingness (2012): 89.9%
• Desirability Score (2012): 93/100 (Quite Desirable)
• Dilapidation Score (2006)*: 7.1% (Okay to Good)

Ramsay, Edmonton Hot Market Index (2012)

Ramsay & the Average Edmonton Hot Market Index (2012)

Amenities

• Accessibility Score: 445 homes per point of access (Limited).
• Parking: Good
• Transit: 10 bus stops.
• Parks: 2 parks within neighbourhood boundaries and access to Terwillegar Park as well.

Location & Description

Ramsay Heights is a south-side neighbourhood located between Brander Gardens and Rhatigan Ridge. The norther boundary of the neighbourhood is 51st Avenue with a little jog around 53rd Avenue and the neighbourhood runs west to east from the river valley to Terwillegar Drive. The southern boundary of the neigbourhood is 40th Avenue and Ramsay Crescent.

Ramsay Heights is located in Edmonton Real Estate Zone 14, along with Bulyea Heights, Carter Crest, Falconer Heights, Haddow, Henderson Estates, Hodgson, Leger, Magrath Heights Area, Ogilvie Ridge, Rhatigan Ridge, Terwillegar Towne, Terwillegar South, Brander Gardens and Brookside

Asking prices for homes in Ramsay were averaging $464,000 in 2012 – lower than surrounding neighbourhoods – likely due to the large number of condo units in the area. Absorption wasn’t bad at 61.3% considering a Hot Market Index at only 45.8 °G. Prices in the neighbourhood can range anywhere from $140,000 for a small condo to almost $1.5 million for a 4000 ft² house.

A bar graph showing when homes were constructed in Ramsay

A bar graph showing when homes were constructed in Ramsay*

Like much of Riverbend, Ramsay Heights became part of Edmonton in 1960, but  the majority of construction didn’t start until about 10 years later. Most houses were build in the 1970s and 1980s with just a few infills being built in recent years.

A pie chart showing the percentage of homes that are rented versus owned in Ramsay

A pie chart showing how many homes are rented versus how many owned in Ramsay*

The majority of Ramsay Heights is single family homes (54.7%), but there are a considerable number of row houses (12.4%) and low-rise apartments (30.3%) as well. There are only a few semi-detached homes (duplexes).

A pie chart showing home types in Ramsay

A pie chart showing home types in the Ramsay neighbourhood*

There are a condiderable number of rental units in Ramsay Heights – 28.8%, with the remainder being owner-occupied homes. Many of these rentals woulld be in the apartment buildings in the area.

Condos in Ramsay Heights

According to the Edmonton Real Estate Board, there are 9 condominium complex in Rhatigan Ridge:

Courtyard of Riverbend – 14944 43 Av
Courtyard of Riverbend – 4343 Riverbend Rd
The Riverbend – 4403 Riverbend Rd
Riverbend Village – 14811 51 Av
Rivershire – 5012 147 St
Sussex House – 14825 51 Av
Tarpon Woods – 15108 45 Av
The Uplands – 14816 45 Av
Whitemud Way – 4642 151 St (Adult Only)

Schools

Elementary:

~ None in this community

Junior High:

~ None in this community

High Schools:

~ None in this community

Other Schools:

Generation’s Kindergarten & Nursery School – 14928 45 Ave

Oxford Learning Centres – 14932 45 Ave

Parks & Recreation

There are two parks in Ramsay Heights:

James Ramsay Park – 15010 43 Ave
Reilly Park – 14769 43 Ave

Access & Parking

Access to Ramsay Heights is not that great – it just has 3 entrances. This cuts down on traffic through the area, but there is only one entrance for every 445 homes.

Parking in Ramsay should be quite decent in most areas. Front drive garages – which are typical after the 1960s do decrease the parkable area on the street, but there are no problems in most of the neighbourhood.

Transit

There are 10 bust stops in Ramsay – one for every 134 homes.

* Source: 2006 Census of Canada, Statistics Canada

by +Alan F Macdonald REALTOR® | Copyright © – gimme-shelter.com

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