Across the nation CREW lists data for 4103 neighbourhoods, and this month Balzac is number 17 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Balzac has a median home price of $1,589,000.
Across Alberta Balzac has the 250th most properties on offer with 303.
As one of Alberta’s many potential real estate investment neighbourhoods, Balzac 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 Balzac there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.