Across the nation CREW lists data for 5162 neighbourhoods, and this month Eckville is number 2017 putting it in the top half of the country .
With Eckville’s median house price at $254,450 in Aug , it is about average compared to the rest of Alberta.
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.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Eckville has more than the average number to choose from compared to the rest of the province
As one of Alberta’s many potential real estate investment neighbourhoods, Eckville 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 increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Can we guarantee how well Eckville is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Eckville have stayed pretty much the same which would tend to indicate that demand is steady.