Across the nation CREW lists data for 5162 neighbourhoods, and this month Cadomin is number 1809 putting it in the top half of the country .
When our research team crunched the numbers we calculated that Cadomin has a median home price of $269,900.
When we look at the data we have, it can help with trying to establish whether or not Cadomin is a good investment target.
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, Cadomin 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.
If you are looking at investment properties in Cadomin, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.