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Scandia, AB

Updated: Jun 2016
House
Median price $87,000
Monthly growth -7.88 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Scandia Home Price

With a median listing price of $87,000, Scandia is Canada’s 4754th most expensive when ordered by median listing price.

While the median for Alberta is $379,900 , which means that Scandia’s median price is $87,000 a lot lower than the rest of the province.

From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

It’s never an exact art, but to try to forecast how property is going to appreciate in Scandia for investors, it’s important to look at data like:

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Scandia have stayed pretty much the same which would tend to indicate that demand is steady.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Scandia have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $186,500
Demographics
  • Population in 20116786
  • Population in 20066852
  • 2006 to 2011 population change (%)-1
  • Total private dwellings2480
  • Private dwellings occupied by usual residents2220
  • Population density per square kilometre1.1
  • Land area (square km)5904.72