Canada’s national median home listing price this month is $290,900, which means that Lacombe is in the top 20% for Canada.

When our research team crunched the numbers we calculated that Lacombe has a median home price of $372,000.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 275th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

As one of Alberta’s many potential real estate investment neighbourhoods, Lacombe 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 Lacombe, 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.