With a median listing price of $125,000, Glendon is Canada’s 4359th most expensive when ordered by median listing price.
With Glendon’s median house price at $125,000 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.
From our data, it appears that neighbourhood is number 2426th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.
As one of Alberta’s many potential real estate investment neighbourhoods, Glendon 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.
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 Glendon have increased which would tend to indicate that demand is not as high as supply.
When we look at the data we have, it can help with trying to establish whether or not Glendon is a good investment target.
If you are looking at investment properties in Glendon, 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.