Redwood Meadows was Canada’s 408th most expensive suburb by listed median house price this month.
With Redwood Meadows’s median house price at $509,000 in Aug , it is high priced compared to the rest of Alberta.
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.
This month we track 142th neighbourhoods in Alberta, and Redwood Meadows has the 142th most choice available for real estate investors.
As one of Alberta’s many potential real estate investment neighbourhoods, Redwood Meadows 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.
If you are looking at investment properties in Redwood Meadows, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.