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Windermere Estate and Luxury Homes
Windermere's luxury market is really two markets sharing one name: a strip of older river-edge estates on Windermere Drive, and the planned neighbourhood that has filled in around them since 2006. If you are pricing, buying or selling at the upper end there, the gap between those two stories is the first thing to understand.
Note: the listings below show every home for sale in Windermere, including homes under $1 million. Use the price filter to see $1M and up.
Looking at luxury homes in Windermere?
Request a private showing of any home on this page, or get new luxury listings in Windermere by email.
The estate strip came first
Before the City annexed this former Strathcona County farmland in 1982, about 80 estate homes had already been built along the river edge, mostly in the 1960s and 1970s, according to the City's neighbourhood profile. Some Windermere Drive lots exceed 31,000 square feet. Those acreage-style parcels behave nothing like a 2015 two-storey on a 40-foot lot two streets away, yet both close under "Windermere" on our MLS System.
That is why Windermere's detached average ran to $906,562 over the year while the median sat at $675,000. A few very large sales pull the average up by more than $232,000; the median tells you what the typical planned-neighbourhood house traded for.
How Windermere compares with its neighbours
| Area | Detached median | Detached average | Sales | Months of supply |
|---|---|---|---|---|
| Windermere | $675,000 | $906,562 | 143 | 4.4 |
| Hays Ridge | $1,097,500 | $1,178,300 | 22 | 2.2 |
| Keswick | $533,500 | $581,063 | 251 | 3.7 |
Source: REALTORS® Association of Edmonton MLS® System, Nov 1, 2025 to Oct 31, 2026 (closed sales) and Nov 8, 2026 (active listings).
Hays Ridge is the comparison Windermere sellers ask about most. Its 22 detached sales had a median of $1,097,500, the highest of any southwest community on our board, and only 4 were listed on Nov 8. Windermere had 52 detached homes for sale on the same day, so a Windermere buyer has far more to choose from.
Selling a river-edge estate
An estate on Windermere Drive may have no true comparable sale in a given year. The team builds the price from land value first, using the City assessment and any recent large-lot sales, then adds the house, outbuildings and landscaping as separate pieces. Buyers at this level often want a survey, a well and septic history if the home predates city servicing, and the slope setback rules under City Policy C542 for any lot that backs onto the valley.
Day to day in Windermere
Constable Daniel Woodall School (Edmonton Public, K to 6) opened on Windermere Road in 2017, and St. John XXIII Catholic School teaches K to 9 next door. Currents of Windermere is the shopping hub, and the Terwillegar Recreation Centre on Leger Road has four ice sheets and a wave pool. Terwillegar Drive and the Anthony Henday are the two ways out, and the expressway work on Terwillegar is worth checking before you plan a downtown commute.
Sources: City Windermere profile, Windermere, Wikipedia, Constable Daniel Woodall School, City Policy C542, City property assessment data.
Windermere estate questions
Why does Windermere have such a big gap between average and median prices?
Older estate homes on very large river-edge lots sell for far more than the newer planned homes. Over the year the detached average was $906,562 and the median was $675,000.
How big are the estate lots on Windermere Drive?
Some exceed 31,000 square feet, which is several times a typical new southwest lot. Confirm the exact size on the survey and title.
Were the Windermere estates built before the city grew around them?
Yes. About 80 estate homes went up along the river edge, mostly in the 1960s and 1970s, before the area was annexed in 1982 and planned in 2006.
Is Hays Ridge or Windermere pricier for detached homes?
Hays Ridge had the higher detached median at $1,097,500, but it only had 22 sales. Windermere had 143 and a wider range.
Which schools are inside Windermere itself?
Constable Daniel Woodall School (Edmonton Public, K to 6) and St. John XXIII Catholic School (K to 9) are both on Windermere Road. Confirm designation for the exact address.
Questions about luxury homes in Windermere?
Contact the Haupt Phaneuf Real Estate Team, eXp Realty, at 780-993-8574.
Windermere and nearby
- Current Windermere listings are on HauptRealty.com.
- Southwest Edmonton luxury homes and estate areas
- Windermere neighbourhood guide
- Hays Ridge neighbourhood guide
- Keswick neighbourhood guide