Sherwood Park, Alberta
As of September 27, 2026, the median asking price in Lakeland Ridge, Sherwood Park is $399,702, across 11 active MLS® listings.
Those listings have been on the market an average of 34 days.
4 new listings came to market in Lakeland Ridge in the last 30 days.
Asking prices work out to about $306 per square foot, based on the 11 listings that report floor area.
Duplexes in Lakeland Ridge are listed at an average of $397,500 across 5 active listings.
Newer northeast Sherwood Park suburban housing mix
Lakeland Ridge is a modern, car-oriented suburban neighbourhood with nearby schools, parks, and day-to-day shopping.
This is a place built around newer homes, straightforward access to services, and a practical commute pattern, with a mix that includes detached houses and attached/row options. The appeal is contemporary housing and nearby retail convenience; it is not an older, highly walkable main-street neighbourhood where most errands happen on foot.
A big part of Lakeland Ridge’s draw is its modern, newer-built feel across both detached and attached homes. For many households, that means fewer legacy-renovation unknowns than in older housing areas.
Holy Spirit Catholic School and Lakeland Ridge School are both nearby, which keeps school-day logistics focused close to home.
Sherwood Park, Chatwin Park, and Windsor Park are nearby options for outdoor time without needing to leave the Sherwood Park area.
Lakeland Ridge is built around modern single-family homes, supported by a meaningful share of attached/row housing. The neighbourhood also includes rental-friendly options, including townhomes and some basement-suite configurations, which adds flexibility in how properties are used.
A typical home here is a modern single-family house or an attached/row home built in a contemporary suburban style.
Weekends here commonly revolve around local parks and staying close to Sherwood Park for casual outings. With Sherwood Park, Chatwin Park, and Windsor Park nearby, outdoor time can be part of the plan without making the day about travel.
Look past the asking price at how the home fits the neighbourhood’s car-oriented errand pattern and at the details that come with newer construction and attached formats. The housing mix means due diligence differs between detached homes, row housing, and properties with rental configurations.
With a Walk Score of 50/100, many day-to-day needs are likely to run through nearby retail rather than being handled by walking to a main street. Check how your most frequent trips line up with the nearby services, including groceries at Safeway.
If you’re considering attached/row housing, confirm what ownership and maintenance responsibilities sit with you versus any association or shared arrangements. For detached homes, focus on the condition and completeness of the home’s recent-era components and finishes.
Where a basement suite or rental-friendly layout is part of the appeal, verify the configuration and what you’d need for comfortable separation and day-to-day functionality. Treat it as a livability check first, not just a checklist item.
A Bike Score of 69/100 suggests cycling can be a realistic way to connect to some nearby destinations. If biking matters to you, assess storage and access for bikes as part of the home search.
Selling in Lakeland Ridge comes down to two comparisons buyers make: your home against what else is for sale, and this location against the alternatives.
Buyers weigh your home against the homes listed in Lakeland Ridge right now. The current listings and asking prices are in the Market section of this page.
Put the places a buyer will use in the listing: Sherwood Park, Chatwin Park and Windsor Park.
Lakeland Ridge has a Walk Score of 50: some errands can be accomplished on foot. State it plainly, so the buyers it suits find your home.
Photography, condition and first impressions decide which listings buyers book to see. Have the home ready before it goes live.
Lakeland Ridge offers a newer-housing, modern-suburban option in northeast Sherwood Park with nearby schools, parks, and day-to-day shopping support. Its housing mix—detached homes plus attached/row and rental-friendly formats—creates more choice than neighbourhoods dominated by only one form. It is not the right fit for someone prioritizing a high-walkability lifestyle where most errands are done on foot.
This description is compiled from the figures above and from published sources. It is not a statistic.
Lakeland Ridge currently has 11 active for-sale listings with a median asking price of $399,702 and an average of $306 per square foot, giving buyers and investors a clear read on today’s pricing expectations. Homes have been listed for an average of 32 days so far, and with 5 new listings in the past 30 days, fresh inventory is coming to market while listings are still taking about a month on average to move.
AI-written commentary on the active MLS® listing snapshot as of September 25, 2026. Not financial advice.
Walk Score 50 · Bike Score 69
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. 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.
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