The median asking price in Wetaskiwin is $329,000, an improvement on the median three months ago which was $325,000 .
While the median for Alberta is $375,000 , which means that Wetaskiwin’s median price is $329,000 considerably better than the rest of the province.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
Alberta has the fourth most amount of properties available to property investors, with Wetaskiwin having 11th most in the province, out of a total of 339.
As one of Alberta’s many potential real estate investment neighbourhoods, Wetaskiwin 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 Wetaskiwin, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Wetaskiwin is number 343 putting it in the top half of the country .
Wetaskiwin, Alberta has a median house price of $254,450 when compiling all the home listings in Aug .
Investors looking for properties in Wetaskiwin are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
There are 99 neighbourhoods that have more properties on sale than Wetaskiwin at the moment in Alberta which puts the neighbourhood top 40% when looking at the number of properties to choose from.
Will prices rise across the next year in in Wetaskiwin? There are a number of real estate indicators to consider.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.