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.
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