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Homes for Sale in Falconer Heights, Edmonton

Falconer Heights appeals to buyers who want a mature, southwest Edmonton address without committing to a brand-new build.

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1

Median list price

$629,900

Avg list price

$629,900

Homes for Sale in Falconer Heights, Edmonton

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1641 FORBES Way, Edmonton

$629,900

1641 FORBES Way, Edmonton

Bi-Level · 1 bed · 3 bath · 1,804.91 sqft

Buying in Falconer Heights

Who fits here

Falconer Heights appeals to buyers who want a mature, southwest Edmonton address without committing to a brand-new build. The neighbourhood's age profile skews older than the city average — roughly 24% of residents are 70 or older — which points to a quiet, established community where long-term homeowners predominate and turnover is low. Single-family detached homes make up the majority of the housing stock, complemented by a meaningful share of apartments and duplexes for buyers entering at lower price points. Families will appreciate Earl Buxton School (EPSB) as the designated catchment school for the area, and the preserved Falconer Heights Treestand natural area in the southeast corner of the neighbourhood adds genuine green space that most southwest communities lack. The commercial node in the northeast corner handles everyday convenience without the traffic of a major strip centre. If you value mature streetscapes, a built-out community with no pending large-scale construction, and close proximity to the North Saskatchewan River valley trail system, Falconer Heights is a natural fit.

Current market in the neighbourhood

Falconer Heights is a fully built-out southwest Edmonton neighbourhood with a compact, stable housing supply — conditions that historically limit downside volatility. The median sold price is and the average comes in, reflecting a mix of single-family detached homes and lower-priced apartment and duplex units. Homes have averaged days on market recently, and the sale-to-list ratio of shows how close to asking price sellers are achieving. Over the past 12 months, sales have transacted in the neighbourhood, with 1 currently listed. The average price per square foot runs, and the price band spans from at the entry end up to for larger detached properties.

Commute and lifestyle

Falconer Heights sits in southwest Edmonton, bounded by Riverbend Road to the west, Rabbit Hill Road to the north, and Terwillegar Drive to the east — roughly 15 to 20 km from downtown. ETS bus service along Terwillegar Drive connects residents to south Edmonton's transit network, with links toward the Century Park LRT station and onward into downtown. Drivers can reach Terwillegar Drive or Rabbit Hill Road within minutes, both of which feed directly to Whitemud Drive for a fast cross-city connection. The lifestyle anchor for the area is Terwillegar Park, located just north at the end of Rabbit Hill Road on the south bank of the North Saskatchewan River — it offers multi-use trails, an expansive off-leash dog area, and a 262-metre footbridge connecting to Jan Reimer Park on the river's north side. The Booster Juice Recreation Centre in Terwillegar, one of Edmonton's premier community recreation facilities, is also a short drive away and provides pools, gyms, and fitness programming. The Falconer Heights Treestand natural area within the neighbourhood provides a quiet urban wildlife corridor for residents who prefer their green space on foot from home.

Long-term context

Falconer Heights completed its primary residential build-out during the 1990s, following a Neighbourhood Area Structure Plan adopted by City Council in 1989 (Bylaw 9159). That buildout timeline means the neighbourhood is now three-plus decades mature — lots are generously sized by current standards, the streetscape is established, and there is no undeveloped land left to flood the market with new supply. The neighbourhood's older demographic skew and high owner-occupancy profile create a stable demand floor: long-term holders tend not to sell in soft markets, which keeps inventory lean. The southwest Edmonton corridor has benefited from Whitemud Drive and Anthony Henday Drive access improvements over the years, and proximity to Terwillegar Park and the river valley trail system gives Falconer Heights a lifestyle amenity that is genuinely scarce and non-replicable. Buyers here are typically acquiring a hold asset in a fully built, supply-constrained neighbourhood rather than speculating on future development uplift.

About Falconer Heights

Overview

Falconer Heights is a peaceful, mature residential neighbourhood in southwest Edmonton. Developed primarily throughout the late 1980s and 1990s, this family-oriented community offers a tranquil atmosphere enhanced by quiet cul-de-sacs and well-kept properties. It presents a premium residential experience for those seeking a balanced lifestyle near the city's scenic river valley, with the local market seeing sales over the past year.

Location

Situated in Edmonton's southwest quadrant, Falconer Heights is neatly bordered by Riverbend Road to the west, Rabbit Hill Road to the north, and Terwillegar Drive to the east. A private utility right-of-way forms the southern boundary, separating it from the Haddow neighbourhood. This strategic placement provides residents with a quiet suburban enclave that maintains quick access to major city thoroughfares like Whitemud Drive.

Housing character

The real estate landscape in Falconer Heights is defined by a premium price positioning and a strong sense of homeownership. Single-family detached houses are the dominant property type, characterized by spacious layouts and mature landscaping. The neighbourhood also includes a tasteful mix of duplexes and low-rise condominiums. Homes in this highly desirable area frequently list at an average of $629,900 and command a median sold price.

Schools

While there are no school sites located directly within the boundaries of Falconer Heights, families have excellent educational options in immediately adjacent neighbourhoods. Earl Buxton School provides public elementary education, while St. Mary serves as the local Catholic elementary option. Older students typically attend nearby Riverbend Junior High or Lillian Osborne High School, ensuring comprehensive educational pathways.

Transit

Transportation in Falconer Heights is highly convenient for commuters. While driving remains the primary way to navigate, the neighbourhood is serviced by Edmonton Transit System bus routes along its main collector and boundary roads. The direct proximity to Terwillegar Drive allows for swift vehicle access to downtown Edmonton. The local housing market moves efficiently for commuting professionals, with homes spending an average of on the market.

Shopping and dining

Residents enjoy exceptional convenience when it comes to daily errands and dining. The northeast corner of the neighbourhood features a small commercial zone, while the adjacent Riverbend Square Shopping Centre serves as the primary retail hub. Just north across Rabbit Hill Road, locals have immediate access to major grocery stores, pharmacies, a public library branch, and a diverse selection of cozy cafes and local restaurants.

Parks and recreation

Natural beauty and outdoor recreation are central to the neighbourhood's appeal. The community features Falconer Heights Park in its southeast corner, which preserves a beautiful natural area with a mature tree stand and open green space. Pedestrian pathways interlink the community, and residents are just a short distance from the expansive Terwillegar Park and the North Saskatchewan River Valley's extensive trail network.

Lifestyle

Life in Falconer Heights offers a refined blend of suburban tranquility and urban convenience. The community attracts a diverse demographic of established professionals, families, and retirees who appreciate a safe, slow-paced environment. With its leafy streets and easy access to premium amenities, the neighbourhood provides an upscale, relaxed lifestyle, supported by a competitive real estate market with 1 active listings and a sale-to-list ratio.

See recent sold prices in Falconer Heights, Edmonton

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Frequently Asked Questions

Falconer Heights is primarily a single-family detached neighbourhood, but the housing stock also includes apartment-style condominiums (about 24% of dwellings) and duplexes (about 13%). This mix gives buyers options from entry-level condos to larger detached family homes within the same community.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on April 25, 2026 at 6:00 pm (America/Edmonton)