The median asking price in Kingman is $237,400, pretty close to the median three months ago which was $349,900 .
The $237,400 price tag on the median Kingman home means that it is about average price.
Alberta has the seventh most amount of properties available to property investors, with Kingman having 291th most in the province, out of a total of 339.
It’s never an exact art, but to try to forecast how property is going to appreciate in Kingman for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
As one of Alberta’s many potential real estate investment neighbourhoods, Kingman 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.
Over the last three months in Kingman, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.