Across the country as a whole, Iron Springs is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $377,500 price tag on the median Iron Springs home means that it is quite highly priced by Canadian standards.
This month we track 298th neighbourhoods in Alberta, and Iron Springs has the 298th most choice available for real estate investors.
Is Iron Springs a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
As one of Alberta’s many potential real estate investment neighbourhoods, Iron Springs 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Iron Springs there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.