Millennials are benefiting from a confluence of factors, like low rates and minimal competition in the starter home segment, that have made homeownership less prohibitive.
Rocky View County Home Price
Rocky View County was Canada’s 67th most expensive suburb by listed median house price this month.
While the median for Alberta is $375,000 , which means that Rocky View County’s median price is $989,869 considerably better than the rest of the province.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Rocky View County has a huge choice compared to the rest of the province
As one of Alberta’s many potential real estate investment neighbourhoods, Rocky View County 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 stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Rocky View County will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Signup for our weekly newsletter to get the latest news, updates and amazing offers and delivered directly in your inbox.
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.
© 2021 Canadian Estate Wealth. All Rights Reserved.