When looking across the province, Donalda is the 305th most expensive in Alberta.
The median house price listed in Donalda this month is $126,997.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
As one of Alberta’s many potential real estate investment neighbourhoods, Donalda 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.
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 we look at the data we have, it can help with trying to establish whether or not Donalda is a good investment target.
In Donalda, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.