With a median listing price of $389,000, Cold Lake is Canada’s 822th most expensive when ordered by median listing price.
When our research team crunched the numbers we calculated that Cold Lake has a median home price of $389,000.
If you’re looking at investment properties in Cold Lake, then you’re most likely to find homes with 4 bedrooms on sale this month.
According to our stats, Cold Lake is the neighbourhood that has the 13th most properties available to real estate investors in Alberta.
Is Cold Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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 Cold Lake, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 288, this month we show 217.
With a median listing price of $249,900, Cold Lake is Canada’s 351th most expensive when ordered by median listing price.
The median house price listed in Cold Lake this month is $249,900.
Investors looking for properties in Cold Lake are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cold Lake has a huge choice compared to the rest of the province
As one of Alberta’s many potential real estate investment neighbourhoods, Cold Lake 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.