Click here for all Minchau Homes for sale in Mill Woods. The average sale price for a home in the Mill Woods neighbourhood of Minchau in 2014 is sitting at $299,400. That is a lower than 2013's average selling price of $337,474 and I expect the average price to move higher as we move into 2014. That average price is based on single family detached homes sold, so no condos or duplexes are included in that average price. The average time to sell a home in Minchau last year was 45 days. Virtually the same average days on market as the overall Edmonton market of 44 days in 2013. The highest selling price for a home in Minchau in 2013 reached $567,500. At the other end of the spectrum, the most affordable home sold for $236,000 in this Mill Woods neighbourhood. Looking back to 2005, the property values in Minchau have risen by 85% (up to 2013).
In the duplex market of Minchau, the average selling price in 2013 was $249,666. The highest price a duplex sold for was $279,000, and the most affordable duplex sold for $223,000. The average time to sell a duplex in Minchau was 45 days.
Condos in Minchau have sold on average for $184,142 in 2013. The highest price a condo sold for was $229,000. The most affordable condo sold for $94,000 and the average time to sell a condo was 63 days. The condo complexes in Minchau that had a unit sell in them in 2013 included: Spruce Ridge, Sandringham, Ridgewood Estates and Juniper Apartments.