When looking across the province, Morrin is the 204th most expensive in Alberta.
With Morrin’s median house price at $228,900 in Aug , it is about average compared to the rest of Alberta.
Morrin’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
This month we track 211th neighbourhoods in Alberta, and Morrin has the 211th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Morrin is a good investment target.
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
As one of Alberta’s many potential real estate investment neighbourhoods, Morrin 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.