When looking across the province, Fort McMurray is the 21th most expensive in Alberta.
The median house price listed in Fort McMurray this month is $659,900.
4 bedroom properties are the most common available for real estate investors this month in neighbourhood.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Fort McMurray has a huge choice compared to the rest of the province
It’s never an exact art, but to try to forecast how property is going to appreciate in Fort McMurray for investors, it’s important to look at data like:
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Fort McMurray is number 111 putting it ahead of most neighbourhoods .
The median house price listed in Fort McMurray this month is $359,900.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 2nd neighbourhoods in Alberta, and Fort McMurray has the 2nd most choice available for real estate investors.
As one of Alberta’s many potential real estate investment neighbourhoods, Fort McMurray 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.
In Fort McMurray, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.