With a median listing price of $74,000, Youngstown is Canada’s 4994th most expensive when ordered by median listing price.
In Aug the median listed house price of $74,000 in Youngstown was relatively low compared to the rest of Alberta.
As one of Alberta’s many potential real estate investment neighbourhoods, Youngstown 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.
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 Youngstown have increased which would tend to indicate that demand is not as high as supply.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Youngstown for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.