505 Paterson Way SW, Edmonton
City assessed value
$518,000
hômm estimate
$315,500
Year built
2024
Garage spaces
—
Bedrooms
~1
Bathrooms
~1
Living area
~1,113 sqft
Lot size
3,686 sqft
~ indicates a modelled estimate. The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
hômm estimate trend
Jul 26 – Sep 26
Modelled monthly estimates from public data and market activity. Not an appraisal. Want to follow it? Sign up for monthly value updates.
City assessment history
▲ $381,000 since 2025
City of Edmonton assessed values — the city’s tax valuation, not market price.
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Paisley market snapshot
Last 730 days
Homes sold
141
Median price
$461,500
Avg days on hômm
76
Active listings
31
Sale-to-list
99.0%
Sold above ask
16%
Months of inventory
6.2
Avg $/sqft
$305
For sale nearby
Active listings currently on the market near this home.
Schools
Designated schools (in zone)
- SteinhauerElementary · K to Gr 6 · Edmonton Public6.5 km
- D. S. MacKenzieJunior High · Gr 7-9 · Edmonton Public7.7 km
Also nearby
- Father Michael McCafferySenior High · Edmonton Catholic0.8 km
- Johnny BrightElementary / Junior High · Edmonton Public1.5 km
- St. Thomas AquinasElementary, Junior · Edmonton Catholic1.7 km
- Dr. Lila FahlmanElementary / Junior High · Edmonton Public2 km
Public-school zones from 2021 EPSB catchment boundaries; distances are straight-line. Always confirm enrolment with the school board.
Getting around
Transit
- Paisley Drive & 28 Avenue SW340 m
- Heritage Valley Trail & 32 Avenue SW580 m
- Heritage Valley Transit Centre1.5 km
Parks
- Paisley Park 1Urban Village Park170 m
- Paisley Park 2Pocket Park370 m
- Graydon Hill Park 2Pocket Park860 m
ETS stops and City of Edmonton parks data; distances are straight-line.
Building permits on file (2)
- Home Improvement2025
To construct an Accessory building (detached Garage, 6.1m x 6.1m).
- Single, Semi-detached & Rowhousing2024
To construct a Residential Use building in the form of a Single Detached House with unenclosed front porch, fireplace and side entrance.
Declared value: $218,250
City of Edmonton permit records since 2009. Permit history reflects declared work, not an inspection of current condition.
More on Paterson Way SW
All homes on this street →About Paisley
The typical assessed value in Paisley is $488,000, across 1,067 homes.
Website provided by Kelly Grant
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 generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.
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.