Jensen Lakes Home Styles: A Buyer's Guide to ST2s, 2 Storeys & More
Walk through Jensen Lakes and one thing is immediately clear: this neighbourhood loves the two-storey home. Of 466 sales since 2016, 333 were ST2s (split two-storey) — a staggering 71% market share. Compare that to Grandin's bungalow dominance or Lacombe Park's style diversity, and you see a neighbourhood with a clear architectural identity.
If you're buying in Jensen Lakes, understanding these styles isn't just academic — it determines what you'll pay, how you'll live, and what your resale prospects look like.
The ST2: Jensen Lakes' Signature Style
Sales: 333 | Market share: 71%
The ST2 (split two-storey) is the perfect family home. The split-level design puts bedrooms on the upper floor, living space on the main, and a developed basement below. Here's why Jensen Lakes buyers gravitate to it:
- Efficient footprint: More square footage on a standard lot than a bungalow
- Family separation: Kids upstairs, parents on main, teens/guests in basement
- Developed basement included: Most ST2s come with finished lower levels — extra 800–1,000 sq ft
- Modern layouts: Open-concept main floors designed for today's entertaining style
- Price efficiency: $400–600K gets you 2,000+ sq ft of total living space
In Jensen Lakes, the ST2 isn't just a home style — it's the baseline expectation. When buyers shop here, they expect to find an ST2 with a developed basement, double garage, and modern finishes. Anything less feels like a compromise.
The Pure Two-Storey: Maximum Space
Sales: 71 | Market share: 15%
The traditional two-storey (not split) offers a different living experience:
- Full second floor: All bedrooms on one level, no split-level transitions
- Larger footprints: Typically 2,400+ sq ft above grade
- Premium positioning: Most two-storeys sit on larger lots or premium locations
- Higher price point: $550K–$900K range, targeting move-up and luxury buyers
The two-storey buyer in Jensen Lakes wants space above all else. These homes suit larger families, multi-generational living, or buyers who simply don't want to compromise on room count. With 15% market share, they're not rare — but they're selective in their appeal.
The ST3: Executive Living
Sales: 24 | Market share: 5%
The ST3 (split three-storey) is the executive tier of Jensen Lakes:
- Three levels above grade: Main, upper, and a third level — often 2,800+ sq ft
- Luxury finishes standard: High-end kitchens, upgraded baths, premium flooring
- Premium lots: Almost always on corner lots, walkouts, or lake proximity
- Price range: $700K–$1.2M, targeting the top of the Jensen Lakes market
With only 24 sales, the ST3 is exclusive. But it sets the tone for the neighbourhood's luxury positioning. When buyers see ST3s selling at $900K+, it validates the premium pricing of standard ST2s at $550–650K.
Style Distribution by Price
| Price Range | Likely Style | What to Expect |
|---|---|---|
| $300–400K | Townhome / small ST2 | Entry-level, compact lots, standard finishes |
| $400–500K | Standard ST2 | Developed basement, double garage, modern layout |
| $500–650K | Large ST2 / small 2-storey | Upgraded finishes, premium lot, walkout potential |
| $650–800K | Two-storey / ST3 | Luxury finishes, larger lot, lake proximity |
| $800K+ | Custom ST3 / estate | Top-tier everything, lakefront or premium location |
What Style Should You Buy?
First-time buyer ($350–450K): Target the smaller ST2 or townhome. You're buying into the neighbourhood's appreciation story without stretching your budget. Plan to upgrade within 5–7 years as equity builds.
Move-up buyer ($500–650K): The standard ST2 is your sweet spot. Developed basement, modern finishes, room to grow. This is the bulk of the Jensen Lakes market and the safest resale bet.
Luxury buyer ($700K+): Consider the two-storey or ST3. You're not just buying space — you're buying the lot, the location, and the lifestyle that comes with lake proximity.
Resale Considerations
When it's time to sell, style matters:
- ST2s sell fastest: The 71% market share means the buyer pool is largest
- Two-storeys take longer: Fewer buyers need that much space, but they pay for it
- ST3s are niche: Small buyer pool, but that pool is qualified and motivated
- Unique/custom builds: Hardest to price, longest DOM, but potentially highest reward
Not sure which Jensen Lakes style fits your family? Call or text 780-937-7534 or email john@johncarle.com — I'll tour options with you and help you match style to lifestyle.
Data source: 30,844 St. Albert MLS records (2010–2026 Q1). All statistics calculated from actual sold transactions.