Across the nation CREW lists data for 5162 neighbourhoods, and this month Water Valley is number 299 putting it ahead of most neighbourhoods .
Water Valley, Alberta has a median house price of $574,250 when compiling all the home listings in Aug .
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 Water Valley has the 298th most properties on offer with 339.
When we look at the data we have, it can help with trying to establish whether or not Water Valley is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Water Valley, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Water Valley will hopefully provide an indicator to help you where to research in-depth