When our research team crunched the numbers we calculated that Rocky Rapids has a median home price of $318,000.
Across Alberta Rocky Rapids has the 211th most properties on offer with 339.
As one of Alberta’s many potential real estate investment neighbourhoods, Rocky Rapids 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 Rocky Rapids, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.
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.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rocky Rapids will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.