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Downsizing in Southwest Edmonton
Downsizing without leaving the southwest is the most common plan we hear from southwest owners. This page is for owners of a larger southwest house who want less space and less upkeep but want to keep their doctor, church, grandchildren and trails. It shows what southwest condos and townhouses sold for and the order of steps that keeps the move manageable.
What’s your home worth?
Get a home value report built from recent sales near you, prepared by the Haupt Phaneuf Real Estate Team.
The gap you are working with
Over the last 12 months, southwest detached homes averaged $614,000, townhouses $334,000 and condo apartments $212,000. That spread is what frees up equity when you move from a house to a townhouse or condo in the same part of the city.
Condo apartments in the southwest
| Community | Sales, 12 months | Median sold | Median $ per sq ft | Active, Nov 8 |
|---|---|---|---|---|
| Ambleside | 62 | $220,000 | 271 | 45 |
| Windermere | 52 | $195,000 | 257 | 31 |
| Magrath Heights | 30 | $445,950 | 426 | 12 |
| Rutherford | 68 | $215,750 | 234 | 29 |
| The Hamptons | 30 | $192,000 | 214 | 14 |
| Ermineskin | 40 | $257,500 | 288 | 15 |
| MacTaggart | 39 | $225,000 | 274 | 13 |
Townhouses in the southwest
| Community | Sales, 12 months | Median sold | Median $ per sq ft | Active, Nov 8 |
|---|---|---|---|---|
| South Terwillegar | 51 | $335,000 | 271 | 12 |
| Terwillegar | 20 | $316,000 | 256 | 2 |
| Callaghan | 27 | $340,000 | 218 | 6 |
| Allard | 14 | $365,000 | 251 | 4 |
| Glenridding Ravine | 9 | $327,500 | 260 | 5 |
| Keswick | 16 | $358,500 | 262 | 11 |
Source: REALTORS® Association of Edmonton MLS® System, Nov 1, 2025 to Oct 31, 2026 (closed sales) and Nov 8, 2026 (active listings). Townhouse figures include condo townhouses and bare-land condos.
Choosing between a condo, a townhouse and a bungalow
- Condo apartment: one level, an elevator and the least upkeep. Check pet rules, parking and the reserve fund.
- Townhouse: more room and often a garage, but usually stairs. Bare-land condos let you own the lot with shared rules.
- Bungalow: one-level living with a yard. Many older southwest communities have them, at prices often close to a large condo.
- 55 plus buildings: some southwest buildings restrict ownership or residency by age. Read the bylaws carefully.
The order of steps that works
Start with a price for your current home, so the budget for the next one is real. Then visit three or four buildings or townhouse sites before you list, so you know what you are moving to. Plan for a possession date that gives you a few weeks to sort belongings; we can stage the home with what you keep so it shows well. Many downsizers sell first and rent briefly, others buy first with bridge financing; we walk through both.
The team's role
The team handles the sale of the family home and the purchase in the same plan, reads the condo documents with you, and brings in the movers, cleaners and lawyers our team trusts.
Sources: Alberta Condominium Property Act, City of Edmonton property assessment data.
Questions about downsizing in southwest Edmonton?
Contact the Haupt Phaneuf Real Estate Team, eXp Realty, at 780-993-8574.
Downsizing questions we hear
Can I downsize and stay in Southwest Edmonton?
Yes. The southwest has condo apartments, townhouses and bungalows in most areas, from Ambleside and Windermere to Rutherford and Terwillegar.
How much equity does downsizing free up in the southwest?
It depends on your home, but on average southwest detached homes sold for $614,000 and condo apartments for $212,000 over the last 12 months.
Should I sell first or buy first?
Both work. Selling first removes risk; buying first with bridge financing avoids a temporary move. Talk to your lender before you list.
Who helps with movers and decluttering?
Our Southwest home service directory lists movers and cleaners, and the team coordinates the timing. Call 780-993-8574.
Contact the team
This page is published by the Haupt Phaneuf Real Estate Team, eXp Realty. The Haupt Phaneuf Real Estate Team lists homes across the southwest and follow clients wherever the next house is. Phone the team at 780-993-8574.