When looking across the province, Tofield is the 131th most expensive in Alberta.
Tofield, Alberta has a median house price of $314,900 when compiling all the home listings in Aug .
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Tofield has more than the average number to choose from compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Tofield for investors, it’s important to look at data like:
If you are looking at investment properties in Tofield, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Want a cheaply priced house? Then at $202,400 this month, Tofield, Alberta is somewhere that you should look at price wise.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Tofield has not many at all compared to the rest of the province
As one of Alberta’s many potential real estate investment neighbourhoods, Tofield 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 fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.