Real Estate Market Report for
Smoky Lake, AB

Updated : Aug 2016
House
  • Median price $155,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 3.56%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Smoky Lake Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Smoky Lake is number 3779 putting it in the bottom half of the country .

Want a cheaply priced house? Then at $155,000 this month, Smoky Lake, Alberta do not consider price wise.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 339 neighbourhoods that have more properties on sale than Smoky Lake at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.

As one of Alberta’s many potential real estate investment neighbourhoods, Smoky Lake 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.

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.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

It’s never an exact art, but to try to forecast how property is going to appreciate in Smoky Lake for investors, it’s important to look at data like:

Over the last three months in Smoky Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
1 bedroom $179,950
2 bedrooms $77,450
3 bedrooms $136,950
4 bedrooms $317,500
Demographics
  • Population in 20111022
  • Population in 20061010
  • 2006 to 2011 population change (%)1.2
  • Total private dwellings478
  • Private dwellings occupied by usual residents430
  • Population density per square kilometre243.5
  • Land area (square km)4.2
  • Age Characteristics
    Total population by age groups 1020
    0 to 4 years 40
    5 to 9 years 45
    10 to 14 years 40
    15 to 19 years 45
    15 years 10
    16 years 5
    17 years 5
    18 years 10
    19 years 15
    20 to 24 years 35
    25 to 29 years 55
    30 to 34 years 45
    35 to 39 years 40
    40 to 44 years 55
    45 to 49 years 50
    50 to 54 years 75
    55 to 59 years 75
    60 to 64 years 65
    65 to 69 years 70
    70 to 74 years 70
    75 to 79 years 65
    80 to 84 years 50
    85 years and over 100
    Median age of the population 54.6
    % of the population aged 15 and over 87.4
  • Marital Status
    Total population 15 years and over by marital status 900
    Married or living with a common-law partner 465
    Married (and not separated) 405
    Living common-law 60
    Not married and not living with a common-law partner 435
    Single (never legally married) 180
    Separated 25
    Divorced 70
    Widowed 165
    Family Characteristics
    Total number of census families in private households 260
    Size of census family: 2 persons 165
    Size of census family: 3 persons 45
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 15
    Total number of census families in private households 260
    Total couple families by family structure and number of children 220
    Married couples 195
    Without children at home 120
    With children at home 70
    1 child 25
    2 children 30
    3 or more children 15
    Common-law couples 30
    Without children at home 20
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 35
    Female parent 30
    1 child 20
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 200
    Under six years of age 50
    6 to 14 years 75
    15 to 17 years 25
    18 to 24 years 35
    25 years and over 20
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 880
    Number of persons not in census families 200
    Living with relatives 20
    Living with non-relatives only 20
    Living alone 160
    Number of census family persons 685
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 240
    Number of persons not in census families aged 65 years and over 90
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 90
    Number of census family persons aged 65 years and over 145
    Total number of private households by household type 430
    Census-family households 260
    One-family-only households 245
    Couple-family households 215
    Without children 140
    With children 75
    Lone-parent-family households 30
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 170
    One-person households 160
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 430
    Single-detached house 365
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 35
    Semi-detached house 0
    Row house 15
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 15
    Other single-attached house 0
    Total number of private households by household size 430
    1 person 160
    2 persons 170
    3 persons 45
    4 persons 30
    5 persons 15
    6 or more persons 5
    Number of persons in private households 885
    Average number of persons in private households 2.1
Census 2011

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