Across the country as a whole, Irma is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
In Aug the median listed house price of $194,900 in Irma was a below average compared to the rest of Alberta.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
Alberta has the fourth most amount of properties available to property investors, with Irma having 211th most in the province, out of a total of 339.
As one of Alberta’s many potential real estate investment neighbourhoods, Irma 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 Irma have dried up which would tend to indicate that demand is higher than the supply of new properties.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
When we look at the data we have, it can help with trying to establish whether or not Irma is a good investment target.