With a median listing price of $398,900, Coaldale is Canada’s 773th most expensive when ordered by median listing price.
The $398,900 price tag on the median Coaldale home means that it is quite highly priced by Canadian standards.
Investors looking for properties in Coaldale are most likely to find 5 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Coaldale has a huge choice compared to the rest of the province
Is Coaldale a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When looking across the province, Coaldale is the 85th most expensive in Alberta.
While the median for Alberta is $259,000 , which means that Coaldale’s median price is $177,400 below average than the rest of the province.
If you’re looking at investment properties in Coaldale, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Coaldale is the neighbourhood that has the 60th most properties available to real estate investors in Alberta.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Coaldale will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Coaldale, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 7, this month we show 4.