When looking across the province, Blue Ridge is the 36th most expensive in Alberta.
When our research team crunched the numbers we calculated that Blue Ridge has a median home price of $550,000.
There are 339 neighbourhoods that have more properties on sale than Blue Ridge at the moment in Alberta which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
Will prices rise across the next year in in Blue Ridge? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
As one of Alberta’s many potential real estate investment neighbourhoods, Blue Ridge 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.