When looking across the province, Strathmore is the 75th most expensive in Alberta.
When our research team crunched the numbers we calculated that Strathmore has a median home price of $407,400.
Alberta has the fourth most amount of properties available to property investors, with Strathmore having 191th most in the province, out of a total of 339.
Can we guarantee how well Strathmore is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Strathmore, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.
It’s never an exact art, but to try to forecast how property is going to appreciate in Strathmore for investors, it’s important to look at data like:
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.