Across the country as a whole, Calgary is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $537,450 this month, Calgary, Alberta is definitely not for you price wise.
Calgary’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
It’s never an exact art, but to try to forecast how property is going to appreciate in Calgary for investors, it’s important to look at data like:
If you are looking at investment properties in Calgary, 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.
Want a cheaply priced house? Then at $430,000 this month, Calgary, Alberta is definitely not for you price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Across Alberta Calgary has the 44th most properties on offer with 90.
As one of Alberta’s many potential real estate investment neighbourhoods, Calgary 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.
Over the last three months in Calgary, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.