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1 day on Market

201 Terrace Dr, Medicine Hat, Alberta T1C2B6

Detached
2 + 2
2
~954.00 sqft
$389,900
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Detached
2 + 2
2
~954.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$408/sqft

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Description

Welcome to 201 Terrace Drive NE—a beautifully maintained and move-in ready bungalow that checks all the boxes for comfort, space, and functionality. This bright and welcoming home features 4 bedrooms and an open-concept main floor with vaulted ceilings and large windows that flood the space with natural light. The kitchen offers white cabinetry, a full stainless steel appliance package, and plenty of counter space for meal prep and entertaining. The spacious dining area opens directly to the backyard, where you'll find a gorgeous new deck (redone in 2024) and a pergola—perfect for relaxing or hosting summer BBQs. Downstairs is fully finished with two more bedrooms, a 4-piece bathroom, laundry room, and ample storage—offering excellent flexibility for families, guests, or a home office setup. The 25’ x 23’ double detached garage is a serious standout—complete with 220V wiring, making it ideal for workshop use, EV charging, or other high-power needs. Plus, the hot water tank was replaced in 2022, and the washer, dryer, and dishwasher were upgraded in 2023, giving peace of mind for years to come. Located in a quiet, family-friendly neighborhood with alley access and a fully fenced yard, this home is ready for its next chapter. Don't miss out on this one—just move in and enjoy!


Property Details

StyleBungalow
View-
Age of property2005
SqFt~954.00 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2246947
Community NameRanchlands
Data SourcePILLAR 9
Listing byREAL BROKER

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished,Full

Main Floor

4pc Bathroom

8`5" x 4`11"

Bedroom

11`1" x 15`8"

Bedroom

12`0" x 12`0"

Dining Room

15`3" x 8`5"


Features

Patio: Deck,Pergola

Parking

Garage spaces 2

Garage type -

Other parking spaces 1

Total parking spaces 3


Property History

Aug 8, 2025
ListedActive
$389,900
1 day on market
history photo preview38
Listing by pillar 9®
Property listed by REAL BROKER, Brokerage
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Market Data - Ranchlands

Geo Zone Map ThumbnailRanchlands

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2024

61 days

2023

18 days

2022

27 days

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

2023

6 listings

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

5 units

2022

2 units

Median Sold Price

Past 30 days

$459,500

Compared to

2024

$674,000

2023

$470,000

2022

$312,300


Population and Demographics

Overview

Total population 980
Average household income $140,004

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
19%
65 and plus
15%

Household composition (%)

Single family
72%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
German
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget