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      Honestdoor Price

      This property is not for saleNot for sale

      $739,200

      October

      Estimated Market Value

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      Honestdoor Price · 13 months

      -2.00%1 mo
      +1.36%12 mo

      4

      beds

      3

      baths

      1,817

      sqft

      1998

      built

      116 West Terrace Point, West Terrace, Cochrane, AB, T4C1R5

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      Property details

      Property type
      Residential
      Bedrooms
      4Estimate
      Bathrooms
      3Estimate
      Year built
      1998
      Floor space
      169 sqm (1,817 sqft)
      Lot size
      536 sqm (5,769 sqft)
      Zoning
      R-1

      Honestdoor Price

      $739,200

      (Oct)

      Estimated returns over time

      1 Month

      -2.00%

      3 Month

      -0.03%

      6 Month

      +5.62%

      12 Month

      +1.36%

      Compare with

      Honestdoor Price

      West Terrace avg (2025)

      Honestdoor Price by month for 116 WEST TERRACE POINT
      YearHonestdoor PriceWest Terrace avg (2025)
      Oct 25$729,300$626,494
      Nov 25$694,300$626,494
      Dec 25$745,100$626,494
      Jan 26$709,300$626,494
      Feb 26$735,000$626,494
      Mar 26$729,500$626,494
      Apr 26$699,900$626,494
      May 26$703,000$626,494
      Jun 26$714,300$626,494
      Jul 26$739,400$626,494
      Aug 26$749,000$626,494
      Sep 26$754,300$626,494
      Oct 26$739,200$626,494

      City Assessment

      $689,000

      (2025)

      Estimated returns over time

      1 Year

      +11.08%

      3 Year

      +32.93%

      5 Year

      +40.67%

      Compare with

      City assessment

      West Terrace average

      City assessment by year for 116 WEST TERRACE POINT
      YearCity assessmentWest Terrace average
      2019$496,800$433,545
      2020$489,800$428,986
      2021$474,200$414,776
      2022$518,300$451,020
      2023$579,900$513,761
      2024$620,300$559,994
      2025$689,000$626,494

      How this home compares

      Against West Terrace and Cochrane.

      Est. gross rental yield

      5.6%

      Annual rent ÷ Honestdoor Price

      Value vs average

      +18%

      above the West Terrace average

      • This home (Honestdoor Price)

        $739,200

      • West Terrace average

        $626,494

      • Cochrane average

        $628,997

      Neighbourhood and city figures are 2025 average assessed values.

      Price per square foot

      -21%

      below the West Terrace average

      • This home (estimated)

        $407 / sqft

      • West Terrace sold average

        $516 / sqft

      This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.

      Monthly rent

      +12%

      above the West Terrace average

      • This home (estimated)

        $3,460/mo

      • West Terrace average

        $3,079/mo

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      Estimated rental information

      Airbnb nightly rate

      $170/day

      Monthly rental rate

      $3,460/month

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      West Terrace market

      Explore West Terrace data

      West Terrace sales in 2026

      32

      +88.2%17 in 2025

      Avg. house price

      $626,494

      +11.9%$559,994 in 2024

      West Terrace growth this year

      +11.88%

      +9.00% in 2024

      Average value vs Cochrane

      Average assessed value for this property type

      West Terrace

      Cochrane average

      Average assessed value by year in West Terrace compared with Cochrane
      YearWest TerraceCochrane average
      2019$433,545$440,463
      2020$428,986$436,754
      2021$414,776$422,018
      2022$451,020$466,229
      2023$513,761$519,793
      2024$559,994$570,145
      2025$626,494$628,997

      Sales per year

      Recorded sales in West Terrace · 2026 is year to date

      Recorded sales per year in West Terrace
      West Terrace
      201418 sales
      201522 sales
      201622 sales
      201724 sales
      201817 sales
      201923 sales
      202016 sales
      202129 sales
      202233 sales
      202328 sales
      202411 sales
      202517 sales
      2026 YTD32 sales

      Property analysis

      116 WEST TERRACE POINT compared with the average home nearby.

      Floor space

      +27%

      above neighbourhood average

      • This property

        1,817 sqft

      • West Terrace

        1,436 sqft

      • Cochrane

        1,661 sqft

      Lot size

      -2%

      below neighbourhood average

      • This property

      • West Terrace

      • Cochrane

      116 West Terrace Point is a home in Cochrane, Alberta. It is estimated to be 1817 sq ft and built in 1998 with 3 baths and 4 bedrooms. It last sold for $737,000 on Sep 26, 2026. The most recent Honestdoor Price for this home is $739,200 and was last estimated on Oct 13, 2026. Assessment growth for this home is +6.45% annually, with a total growth of +$192,200 since 2019. It is estimated that it would make $170 per day on Airbnb and rent out for $3460 per month.

      * This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data

      ¶ Seller savings: estimated commission on the Honestdoor Price, less $500 when you sell with an HonestDoor agent. Buyer's agent commission not included. Actual savings depend on your sale price and listing agreement. Not a guarantee. Terms apply.

      § Cash back: estimate of 25–50% of the commission on the list price, paid when you buy with an HonestDoor agent. Actual amount depends on your agreement and final sale price. Not a guarantee. Terms apply.

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