Ardmore was Canada’s 1255th most expensive suburb by listed median house price this month.
Ardmore, Alberta has a median house price of $322,400 when compiling all the home listings in Aug .
There are 339 neighbourhoods that have more properties on sale than Ardmore at the moment in Alberta which puts the neighbourhood middle range when looking at the number of properties to choose from.
As one of Alberta’s many potential real estate investment neighbourhoods, Ardmore needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Across the country as a whole, Ardmore is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $220,000 in Ardmore was a below average compared to the rest of Alberta.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 449th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Over the last three months in Ardmore, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.