With a median listing price of $673,950, Cypress County is Canada’s 192th most expensive when ordered by median listing price.
With Cypress County’s median house price at $673,950 in Aug , it is high priced 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 fewer 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 Cypress County for investors, it’s important to look at data like:
In Cypress County, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
As one of Alberta’s many potential real estate investment neighbourhoods, Cypress County 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cypress County there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.