Across the nation CREW lists data for 5162 neighbourhoods, and this month Marlboro is number 4528 putting it behind most of Canada .
With Marlboro’s median house price at $114,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Alberta.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 339 neighbourhoods that have more properties on sale than Marlboro at the moment in Alberta which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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.
As one of Alberta’s many potential real estate investment neighbourhoods, Marlboro 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 Marlboro, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.