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Real Estate in Abasand, Fort McMurray

Abasand is a strong fit for buyers who want an established neighbourhood with a genuine outdoors edge — without paying a premium for new construction.

Active listings

39

Median list price

$295,000

Avg list price

$359,819

Homes for Sale in Abasand, Fort McMurray

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Buying in Abasand

Who fits here

Abasand is a strong fit for buyers who want an established neighbourhood with a genuine outdoors edge — without paying a premium for new construction. Perched on the hillside above Fort McMurray''s river valley, this is one of the few communities where you can step off your street onto the Abasand Perimeter Trail, ride to crown land via the Horse River OHV staging area, or watch the northern lights from your backyard — all while being a five-minute drive from downtown and the hospital. The housing stock ranges from 1970s bungalows to post-2016 rebuilds, so buyers can find everything from a move-in-ready detached home to a townhome or condo at a meaningful discount to the city average. That mix draws first-time buyers, tradespeople working nearby oil sands sites who want quick highway access, and families who value the two neighbourhood schools — including École Boréal, a French-language K–12 just off Abasand Drive. If you want space, trails, river valley views, and a commute measured in minutes rather than kilometres, Abasand fits the brief.

Current market in the neighbourhood

Abasand homes are typically priced well below the Fort McMurray city average, making it one of the more accessible entry points in the market. The median sold price sits and the average sold price, compared to a broader city average above $450,000. Average days on market runs, and the sale-to-list ratio of reflects a market where well-priced properties move cleanly. Over the past 12 months, homes changed hands in Abasand. Active listings currently sit at 39, spanning detached houses, townhomes, and condos. Price per square foot averages, and homes in the neighbourhood range from on the condo end to for larger detached properties.

Commute and lifestyle

Abasand sits on an elevated ridge roughly five minutes by car from downtown Fort McMurray and the Northern Lights Regional Health Centre, with Highway 63 — the primary corridor to the oil sands — reachable in under five minutes. That combination of short commute and direct highway access is a practical advantage for the many residents who work at Syncrude, Suncor, or CNRL sites north of the city. On foot and bike, the Abasand Perimeter Trail circles most of the neighbourhood with a groomed gravel path in summer and packed snow in winter, providing quick access to river valley views and forested ravines without getting in a vehicle. The OHV staging area on Abasand Drive opens a network of crown land trails along the Horse River and down to the Athabasca — a draw for ATV riders and mountain bikers alike. Day-to-day errands are handled by the retail corridors along Thickwood Boulevard and Gregoire Drive, each reachable in under ten minutes, while downtown Fort McMurray offers restaurants, the Wood Buffalo Regional Library, and the MacDonald Island Park recreation complex.

Long-term context

Abasand''s post-wildfire rebuild gave the neighbourhood something unusual: a large share of homes that are effectively new construction — with modern energy standards, updated layouts, and fresh warranties — at prices that still sit roughly 20–25% below the Fort McMurray city average. That gap has historically attracted value-oriented buyers who expect relative upside as the city''s oil sands employment base stabilises. Broader Fort McMurray real estate values have tracked global energy prices and regional employment levels since the 2016 fire, with the market recovering meaningfully through 2022–2024 as oil sands production capacity expanded. Abasand''s fixed geography — hillside land with river valley views, bounded by ravines and crown land — means supply is constrained, which supports pricing over the medium term. Buyers should weigh the neighbourhood''s energy-sector exposure alongside its relative affordability; Abasand tends to offer more room to move when the market turns than higher-priced communities on the north side of the city.

About Abasand

Overview

Abasand is an established, scenic hillside community in Fort McMurray known for its stunning river valley views, Northern Lights sightings, and close-knit, family-friendly atmosphere. Surrounded by the boreal forest, it offers a peaceful retreat while remaining incredibly close to the city center.

Location

Located just southwest of downtown Fort McMurray, Abasand is perched on a hill bordered by the Athabasca and Horse rivers. Residents enjoy a highly convenient commute, with downtown and major routes like Highway 63 only a few minutes away.

Housing character

The neighborhood features a diverse mix of property types, predominantly mid-range detached single-family homes, complemented by townhomes, duplexes, and condominiums. Extensively rebuilt after the 2016 wildfire, much of the housing stock offers modern finishes. The median sold price here is, with an average list price of $359,819.

Schools

Families in Abasand have convenient access to local education within the neighborhood. The community is home to Father Beauregard Catholic School (ECDP to Grade 6) and École Boréal, which serves Kindergarten to Grade 12 and is the region's only all-Francophone school.

Transit

The area is well-serviced by the Regional Municipality of Wood Buffalo (RMWB) transit system, primarily through Route 3, which connects Abasand directly to downtown and MacDonald Island. Additionally, residents have access to convenient shuttle bus routes that head directly to major oil sands sites.

Shopping and dining

Abasand features a centralized commercial hub containing essential amenities, including a gas station, convenience store, hair salon, and local retail services. For comprehensive shopping, dining, and entertainment, the downtown core is merely a two-minute drive down the hill.

Parks and recreation

Outdoor recreation is a major draw, with local amenities including a running track, soccer and rugby fields, tennis courts, a skate park, and an outdoor ice rink. The neighborhood also features an outdoor spray park and offers direct access to ATV routes and extensive walking trails along the river valleys.

Lifestyle

Abasand offers a resilient, highly spirited community lifestyle that appeals to both families and outdoor enthusiasts. With nature at its doorstep, residents balance an active, trail-oriented lifestyle with urban convenience. Demand remains healthy as homes typically spend on the market.

See recent sold prices in Abasand, Fort McMurray

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Frequently Asked Questions

Abasand was one of the most severely affected neighbourhoods in the May 2016 wildfire, with 1,168 structures destroyed across the community. Residents were evacuated and could not return until August–October 2016 due to contamination concerns. Rebuilding was extensive, and today a significant portion of the housing stock consists of post-2016 construction — meaning many homes are effectively new builds at established-neighbourhood prices.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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®).

Listing information last updated on June 24, 2026 at 9:00 pm (America/Edmonton)