Innisfail was Canada’s 1402th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Innisfail has a median home price of $302,450.
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.
According to our stats, Innisfail is the neighbourhood that has the 51th most properties available to real estate investors in Alberta.
As one of Alberta’s many potential real estate investment neighbourhoods, Innisfail 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.
In Innisfail, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
Innisfail was Canada’s 493th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $216,200 in Innisfail was a below average compared to the rest of Alberta.
From our data, it appears that neighbourhood is number 267th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.
Is Innisfail a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
In Innisfail, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.