In April, a total of 16 properties were sold, including 9 detached houses. Since the number of transactions is relatively low, it is better to look at the records for the first four months, during which a total of 53 properties were sold.
Sales by Listing Price:
Listed at $400,000–$500,000: 3 sales
Listed at $500,000–$600,000: 14 sales
Listed at $600,000–$700,000: 16 sales
Listed at $700,000–$800,000: 8 sales
Listed at $800,000–$1,000,000: 4 sales
Listed above $1,000,000: 8 sales
Sales of Two-Story Homes (46 total):
1,300–1,500 sq. ft.: 2 sales, average price $459,250
1,600–1,700 sq. ft.: 3 sales, average price $500,667
1,800–2,000 sq. ft.: 9 sales, average price $577,222
2,000–2,200 sq. ft.: 12 sales, average price $611,317
2,200–2,400 sq. ft.: 7 sales, average price $719,286
2,400–2,600 sq. ft.: 5 sales, average price $702,900
2,600–2,800 sq. ft.: 4 sales, average price $717,950
3,000–4,000 sq. ft.: 4 sales, average price $1,589,750
Springbank Hill is a large and diverse suburb near the western city limit of Calgary, Alberta in the Southwest (SW) quadrant. It is bounded to the north by 17 Avenue SW, to the south by Glenmore Trail, to the east by 69 Street SW and to the west by 101 Street SW.
The area was once the eastern portion of the unincorporated community of Springbank to the west of the city in the Municipal District of Rocky View. Like Springbank Hill, Springbank has developed into a large area community that is now among the wealthiest regions of Greater Calgary. The community was established in 1999, on land annexed to the City of Calgary in 1994. The community association was formed in 2001.
The community of Springbank Hill is made up of numerous subdivisions, including Springborough, Summit of Montreux, Springbank Hill, The Slopes, Anatapi and Spring Valley.
Springbank Hill is home to Ernest Manning High School, which commenced classes in September 2011, and Ambrose University College. The 69 Street station of the West LRT (expected to begin operations in March 2013), is also located in Springbank Hill.
According to the City of Calgary Civic Census, the neighbourhood had a population of 7,875 in 2009 (79.0% increase since 2005). According to 2006 Census of Canada, residents in this community had a median household income of $116,470 in 2005, and there were 6.7% low income residents living in the neighborhood. A portion of 42.6% of population aged 15 and over were university educated. In 2006, 87.2% of the buildings were single detached housing, 6.0% were semi-detached, and 6.5% were row houses and apartments. 3.4% of the housing was used for renting.
