Real Estate Market Report for
Tofield, AB

Updated : Aug 2016
House
  • Median price $314,900
  • Monthly growth 18.16 %
  • Quarterly trend
  • Stock on market 2.16%
Apartment
  • Median price $202,400
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.23%
Tofield Home Price

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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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $202,400
3 bedrooms $286,950
4 bedrooms $269,500
5 bedrooms $374,900
Demographics
  • Population in 20112182
  • Population in 20061876
  • 2006 to 2011 population change (%)16.3
  • Total private dwellings878
  • Private dwellings occupied by usual residents844
  • Population density per square kilometre267.1
  • Land area (square km)8.17
  • Age Characteristics
    Total population by age groups 2180
    0 to 4 years 140
    5 to 9 years 120
    10 to 14 years 135
    15 to 19 years 130
    15 years 35
    16 years 20
    17 years 25
    18 years 25
    19 years 25
    20 to 24 years 115
    25 to 29 years 110
    30 to 34 years 160
    35 to 39 years 120
    40 to 44 years 135
    45 to 49 years 135
    50 to 54 years 175
    55 to 59 years 135
    60 to 64 years 130
    65 to 69 years 95
    70 to 74 years 85
    75 to 79 years 70
    80 to 84 years 85
    85 years and over 110
    Median age of the population 42.3
    % of the population aged 15 and over 82
  • Marital Status
    Total population 15 years and over by marital status 1790
    Married or living with a common-law partner 1100
    Married (and not separated) 950
    Living common-law 150
    Not married and not living with a common-law partner 690
    Single (never legally married) 360
    Separated 45
    Divorced 85
    Widowed 205
    Family Characteristics
    Total number of census families in private households 615
    Size of census family: 2 persons 325
    Size of census family: 3 persons 115
    Size of census family: 4 persons 105
    Size of census family: 5 or more persons 65
    Total number of census families in private households 615
    Total couple families by family structure and number of children 535
    Married couples 465
    Without children at home 235
    With children at home 225
    1 child 75
    2 children 90
    3 or more children 55
    Common-law couples 75
    Without children at home 40
    With children at home 30
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 75
    Female parent 65
    1 child 40
    2 children 20
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 620
    Under six years of age 165
    6 to 14 years 225
    15 to 17 years 80
    18 to 24 years 110
    25 years and over 45
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2075
    Number of persons not in census families 300
    Living with relatives 25
    Living with non-relatives only 55
    Living alone 220
    Number of census family persons 1770
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 340
    Number of persons not in census families aged 65 years and over 125
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 105
    Number of census family persons aged 65 years and over 220
    Total number of private households by household type 845
    Census-family households 605
    One-family-only households 565
    Couple-family households 505
    Without children 265
    With children 235
    Lone-parent-family households 55
    Other family households 40
    One-family households with persons not in a census family 30
    Couple-family households 15
    Without children 10
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 15
    Non-census-family households 240
    One-person households 220
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 845
    Single-detached house 640
    Apartment, building that has five or more storeys 0
    Movable dwelling 35
    Other dwelling 170
    Semi-detached house 15
    Row house 35
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 105
    Other single-attached house 0
    Total number of private households by household size 840
    1 person 220
    2 persons 320
    3 persons 120
    4 persons 110
    5 persons 50
    6 or more persons 25
    Number of persons in private households 2070
    Average number of persons in private households 2.4
Census 2011

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