Homewood Terrace Condominiums is located at 840 Elder Road in Homewood. This mid-rise building has 4 stories and contains a total of 69 units. Constructed in 1977, it presents a solid layout that many find appealing.
Units range in size from 1,050 to 1,150 square feet. Prices for these units fall between $114,900 and $135,000. Recent sales show an average closed price around $123,050, which translates to roughly $158 per square foot. The average time on the market for a unit is about 52 days.
Residents can find great amenities here. The building includes features like an indoor pool, exercise room, and sauna. Outdoor options also exist, with a park offering green space nearby. The clubhouse and party room are perfect for social gatherings.
Living here provides access to local businesses. Harold's Chicken Homewood and DOLLAR GENERAL are close by. These spots cater to everyday needs, making life a bit simpler. Plus, the area is near local roads, making travel easy.
This community has a lot to offer, with water views adding to the appeal. The available features create a comfortable atmosphere. Nearby spots provide a sense of neighborhood while also enhancing the quality of life for residents.
Homewood Terrace Condominiums is located at 840 Elder Road in Homewood. This mid-rise building has 4 stories and contains a total of 69 units. Constructed in 1977, it presents a solid layout that many find appealing.
Units range in size from 1,050 to 1,150 square feet. Prices for these units fall between $114,900 and $135,000. Recent sales show an average closed price around $123,050, which translates to roughly $158 per square foot. The average time on the market for a unit is about 52 days.
Residents can find great amenities here. The building includes features like an indoor pool, exercise room, and sauna. Outdoor options also exist, with a park offering green space nearby. The clubhouse and party room are perfect for social gatherings.
Living here provides access to local businesses. Harold's Chicken Homewood and DOLLAR GENERAL are close by. These spots cater to everyday needs, making life a bit simpler. Plus, the area is near local roads, making travel easy.
This community has a lot to offer, with water views adding to the appeal. The available features create a comfortable atmosphere. Nearby spots provide a sense of neighborhood while also enhancing the quality of life for residents.
Description
Homewood Terrace Condominiums is located at 840 Elder Road in Homewood. This mid-rise building has 4 stories and contains a total of 69 units. Constructed in 1977, it presents a solid layout that many find appealing.
Units range in size from 1,050 to 1,150 square feet. Prices for these units fall between $114,900 and $135,000. Recent sales show an average closed price around $123,050, which translates to roughly $158 per square foot. The average time on the market for a unit is about 52 days.
Residents can find great amenities here. The building includes features like an indoor pool, exercise room, and sauna. Outdoor options also exist, with a park offering green space nearby. The clubhouse and party room are perfect for social gatherings.
Living here provides access to local businesses. Harold's Chicken Homewood and DOLLAR GENERAL are close by. These spots cater to everyday needs, making life a bit simpler. Plus, the area is near local roads, making travel easy.
This community has a lot to offer, with water views adding to the appeal. The available features create a comfortable atmosphere. Nearby spots provide a sense of neighborhood while also enhancing the quality of life for residents.
Homewood Terrace Condominiums Key Stats Last 12 months
Avg. Listed Price$125,467($154/Sqft.)
Avg. Sale Price$123,050($158/Sqft.)
Year over year list price14.93%
Year over year sale price16.45%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly
Key Stats
Year over year list price14.93%
Year over year sale price16.45%
Total Listings3 Listed
Total sold2 Sold
Average Days on Market52 days
Average HOA fees per sqft$3 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Low
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Low
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Homewood Terrace packs in an impressive lineup of amenities that will have you feeling right at home. Complete with an indoor pool and a spacious exercise room, staying fit and relaxed is easy. The property features an inviting sauna, steam room, and even a clubhouse for social gatherings or quiet nights in. Want to soak up the sun? The sundeck is a perfect spot to catch some rays. And for those who enjoy outdoor activities, you’ll love the bike room and the nearby trails for cycling and walking. These perks make condo living at Homewood Terrace not just convenient but a lifestyle choice you’ll treasure.
Amenities Description
Homewood Terrace packs in an impressive lineup of amenities that will have you feeling right at home. Complete with an indoor pool and a spacious exercise room, staying fit and relaxed is easy. The property features an inviting sauna, steam room, and even a clubhouse for social gatherings or quiet nights in. Want to soak up the sun? The sundeck is a perfect spot to catch some rays. And for those who enjoy outdoor activities, you’ll love the bike room and the nearby trails for cycling and walking. These perks make condo living at Homewood Terrace not just convenient but a lifestyle choice you’ll treasure.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
Visitors Parking
Amenities
Water View
Elevator(s)
Exercise Room
Pool
In Ground Pool
Indoor Pool
Security Door Lock(s)
Laundry
Coin Laundry
Sundeck
Patio
Steam Room
Sauna
Clubhouse
Bike Room/Bike Trails
Party Room
Storage
Service Elevator(s)
Balcony
Policies
It’s essential to know what to expect with building policies, especially for pet lovers. At Homewood Terrace, cats are welcome, while dogs are subject to certain size restrictions, so your furry friends are mostly accommodated. The policies include a deposit requirement and an additional pet rent, ensuring that everyone follows the rules that keep the community feeling its best.
Amenities Description
It’s essential to know what to expect with building policies, especially for pet lovers. At Homewood Terrace, cats are welcome, while dogs are subject to certain size restrictions, so your furry friends are mostly accommodated. The policies include a deposit requirement and an additional pet rent, ensuring that everyone follows the rules that keep the community feeling its best.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
This neighborhood indicates a good mix of people which makes it a good place for families. About 24.73% are children aged 0–14, 16.92% are young adults between 15–29, 18.87% are adults aged 30–44, 20.11% are in the 45–59 range and 19.37% are seniors aged 60 and above.
Commuting options are also varying where 80.68% of residents relying on driving, while others prefer public transit around 7.18%, walking around 4.06%, biking around 0.16%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 78.77% of units owner occupied and 21.23% are rented.
The neighborhood offers different household types. About 27.03% are single family homes and 14.13% are multi family units. Around 26.92% are single-person households, while 73.08% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 24.96% of residents have bachelor’s degrees. Around 18.91% have high school or college education. Another 9.14% hold diplomas while 16.3% have completed postgraduate studies. The remaining are 30.69% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 24.73% are children aged 0–14, 16.92% are young adults between 15–29, 18.87% are adults aged 30–44, 20.11% are in the 45–59 range and 19.37% are seniors aged 60 and above.
Commuting options are also varying where 80.68% of residents relying on driving, while others prefer public transit around 7.18%, walking around 4.06%, biking around 0.16%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 78.77% of units owner occupied and 21.23% are rented.
The neighborhood offers different household types. About 27.03% are single family homes and 14.13% are multi family units. Around 26.92% are single-person households, while 73.08% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 24.96% of residents have bachelor’s degrees. Around 18.91% have high school or college education. Another 9.14% hold diplomas while 16.3% have completed postgraduate studies. The remaining are 30.69% with other types of qualifications.
Age Demographics
24.73%(0 - 14 years old)
16.92%(15 - 29 years old)
18.87%(30 - 44 years old)
20.11%(45 - 59 years old)
19.37%(60+ years old)
Commute
7.18%
Transit
4.06%
Walk
80.68%
Drive
0.16%
Bike
Housing Ownership
78.77%
Owner Occupied
21.23%
Rental Units
Household Types
27.03%
Single Family
14.13%
Multi Family
26.92%
Single Person
73.08%
Multi Person
Education
Bachelors Degree24.96%
High School College18.91%
Diploma9.14%
Post Graduate16.3%
Others30.69%
Education
Diploma9.14%
Post Graduate16.3%
Others30.69%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.
