When looking across the province, Minburn County No. 27 is the 40th most expensive in Alberta.
In Aug the median listed house price of $525,000 in Minburn County No. 27 was an impressive 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 has properties with fewer bedrooms.
There are 339 neighbourhoods that have more properties on sale than Minburn County No. 27 at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Is Minburn County No. 27 a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Minburn County No. 27 will hopefully provide an indicator to help you where to research in-depth
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 Minburn County No. 27 have stayed pretty much the same which would tend to indicate that demand is steady.