When looking across the province, Rimbey is the 146th most expensive in Alberta.
Rimbey, Alberta has a median house price of $299,000 when compiling all the home listings in Aug .
According to our stats, Rimbey is the neighbourhood that has the 73th most properties available to real estate investors in Alberta.
As one of Alberta’s many potential real estate investment neighbourhoods, Rimbey 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 Rimbey there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
The median house price listed in Rimbey this month is $237,450.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Rimbey is the neighbourhood that has the 50th most properties available to real estate investors in Alberta.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rimbey will hopefully provide an indicator to help you where to research in-depth
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.