11 days on Market

56 Terrace Close, Medicine Hat, Alberta T1C 2A8

Detached
2 + 2
3
~1253.70 sqft
$524,777
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Detached
2 + 2
3
~1253.70 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$418/sqft

Monthly cost

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Description

Welcome to this move-in ready bi-level located in a quiet court just steps from Dr. Ken Sauer Elementary School — an ideal setting for families! Offering 4 bedrooms, 3 bathrooms, a double attached garage, and an incredible 19x25 heated shop, this property truly checks all the boxes. The main floor features a bright and spacious front living room with a huge picture window and a cozy gas fireplace, flowing into the generous dining area. The functional kitchen offers a corner pantry, newer stove, and convenient access to the covered back deck and yard — perfect for year-round enjoyment. You’ll also find two good-sized bedrooms on this level, including the primary suite with a walk-in closet and 4-piece ensuite, plus an additional full bathroom. The lower level is bright, welcoming, and thoughtfully laid out with a massive rec room, dedicated gym space, two more bedrooms, another full 4-piece bathroom, and an adorable laundry room complete with sink and extra storage. This home has seen extensive updates and is truly turn-key, including fresh paint throughout, newer flooring, updated baseboards and trim, new countertops and bathroom tile flooring, newer blinds, new closet shelving, , a new fireplace, and newer HWT (2021). The fully permitted and inspected 19x25 shop is a standout feature — heated, insulated, finished with epoxy floors, and equipped with an exhaust fan for welding or painting, making it perfect for hobbyists, mechanics, or additional workspace. With tons of storage, a fantastic layout, and a prime location, this home offers exceptional value and versatility.


Property Details

StyleBi-Level
View-
Age of property2004
SqFt~1253.70 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2287286
Community NameRanchlands
Data SourcePILLAR 9
Listing byRE/MAX MEDALTA REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Finished,None

Main Floor

Living Room

13`5" x 16`2"

Dining Room

12`1" x 11`2"

Kitchen

12`1" x 11`9"

Bedroom - Primary

12`9" x 13`0"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Feb 20, 2026
ListedActive
$524,777
11 days on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX MEDALTA REAL ESTATE, 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

13 days

Compared to

2025

16 days

2024

24 days

2023

101 days

New Listings

Past 30 days

5 listings

Compared to

2025

6 listings

2024

2 listings

2023

1 listing

Units sold

Past 30 days

3 units

Compared to

2025

4 units

2024

3 units

2023

2 units

Median Sold Price

Past 30 days

$499,900

Compared to

2025

$397,975

2024

$362,900

2023

$482,500


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