The median house price listed in Trochu this month is $215,450.
This month we track 90th neighbourhoods in Alberta, and Trochu has the 90th most choice available for real estate investors.
Is Trochu a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Trochu have increased which would tend to indicate that demand is not as high as supply.
When looking across the province, Trochu is the 88th most expensive in Alberta.
In Aug the median listed house price of $174,450 in Trochu was relatively low compared to the rest of Alberta.
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.
Across Alberta Trochu has the 80th most properties on offer with 99.
As one of Alberta’s many potential real estate investment neighbourhoods, Trochu 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.
If you are looking at investment properties in Trochu, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.