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Enchant, AB

Updated: Aug 2016
House
Median price $145,000
Monthly growth -9.31 %
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Enchant Home Price

When looking across the province, Enchant is the 288th most expensive in Alberta.

Enchant, Alberta has a median house price of $145,000 when compiling all the home listings in Aug .

Across Alberta Enchant has the 257th most properties on offer with 339.

Is Enchant 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 Enchant, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 2, this month we show 3.

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.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Enchant will hopefully provide an indicator to help you where to research in-depth

Over the last three months in Enchant, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $181,200
Demographics
  • Population in 20116851
  • Population in 20066275
  • 2006 to 2011 population change (%)9.2
  • Total private dwellings2022
  • Private dwellings occupied by usual residents1834
  • Population density per square kilometre1.6
  • Land area (square km)4203.79