When our research team crunched the numbers we calculated that Tees has a median home price of $81,944.
From our data, it appears that neighbourhood is number 4387th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
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.
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.
Is Tees a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Tees there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.