Trending

Discover a reliable compass for navigating mortgage renewals in today's challenging uphill landscape. Gain insights and make informed decisions.

Ads Google

Lesser Slave River No.124, AB

Updated: Aug 2016
House
Median price $585,000
Monthly growth 48.10 %
Quarterly trend
Stock on market 0.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Lesser Slave River No.124 Home Price

Lesser Slave River No.124 was Canada’s 288th most expensive suburb by listed median house price this month.

With Lesser Slave River No.124’s median house price at $585,000 in Aug , it is high priced compared to the rest of Alberta.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 160th neighbourhoods in Alberta, and Lesser Slave River No.124 has the 160th most choice available for real estate investors.

As one of Alberta’s many potential real estate investment neighbourhoods, Lesser Slave River No.124 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.

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 Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Lesser Slave River No.124 is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lesser Slave River No.124 there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $475,000
5 bedrooms $679,800
Demographics
  • Population in 20112929
  • Population in 20062820
  • 2006 to 2011 population change (%)3.9
  • Total private dwellings1438
  • Private dwellings occupied by usual residents1111
  • Population density per square kilometre0.3
  • Land area (square km)10075.88

Age Characteristics

Total population by age groups 2930
0 to 4 years 170
5 to 9 years 165
10 to 14 years 175
15 to 19 years 255
15 years 55
16 years 55
17 years 50
18 years 45
19 years 60
20 to 24 years 130
25 to 29 years 115
30 to 34 years 145
35 to 39 years 165
40 to 44 years 215
45 to 49 years 290
50 to 54 years 270
55 to 59 years 225
60 to 64 years 210
65 to 69 years 165
70 to 74 years 110
75 to 79 years 70
80 to 84 years 35
85 years and over 20
Median age of the population 43.3
% of the population aged 15 and over 82.6

Marital Status

Total population 15 years and over by marital status 2420
Married or living with a common-law partner 1690
Married (and not separated) 1375
Living common-law 315
Not married and not living with a common-law partner 725
Single (never legally married) 510
Separated 35
Divorced 100
Widowed 80

Family Characteristics

Total number of census families in private households 900
Size of census family: 2 persons 485
Size of census family: 3 persons 165
Size of census family: 4 persons 160
Size of census family: 5 or more persons 85
Total number of census families in private households 895
Total couple families by family structure and number of children 835
Married couples 675
Without children at home 360
With children at home 320
1 child 115
2 children 135
3 or more children 75
Common-law couples 160
Without children at home 90
With children at home 65
1 child 35
2 children 25
3 or more children 10
Total lone-parent families by sex of parent and number of children 60
Female parent 40
1 child 20
2 children 10
3 or more children 10
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 855
Under six years of age 200
6 to 14 years 295
15 to 17 years 145
18 to 24 years 170
25 years and over 50
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 2910
Number of persons not in census families 320
Living with relatives 55
Living with non-relatives only 60
Living alone 210
Number of census family persons 2590
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 400
Number of persons not in census families aged 65 years and over 100
Living with relatives 20
Living with non-relatives only 5
Living alone 75
Number of census family persons aged 65 years and over 300
Total number of private households by household type 1115
Census-family households 875
One-family-only households 810
Couple-family households 770
Without children 415
With children 360
Lone-parent-family households 40
Other family households 65
One-family households with persons not in a census family 40
Couple-family households 30
Without children 15
With children 15
Lone-parent-family households 10
Two-or-more-family households 25
Non-census-family households 235
One-person households 210
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 1110
Single-detached house 835
Apartment, building that has five or more storeys 0
Movable dwelling 265
Other dwelling 15
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 5
Total number of private households by household size 1115
1 person 210
2 persons 450
3 persons 175
4 persons 160
5 persons 75
6 or more persons 35
Number of persons in private households 2910
Average number of persons in private households 2.6

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media