Across the nation CREW lists data for 5162 neighbourhoods, and this month Cereal is number 4908 putting it behind most of Canada .
With Cereal’s median house price at $83,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.
When we look at the data we have, it can help with trying to establish whether or not Cereal is a good investment target.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
Is Cereal a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Cereal, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.