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Spruce View, AB

Updated: Aug 2016
House
Median price $252,450
Monthly growth -0.96 %
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Spruce View Home Price

Last month, Spruce View was Canada’s 2032th priciest – this month at number 2032 it’s dropped -1291 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.

Want a cheaply priced house? Then at $252,450 this month, Spruce View, Alberta is a possibility for you price wise.

Investors looking for properties in Spruce View are most likely to find 3 bedroom homes on offer this month, with 1 bedroom potential investment properties the second most popular.

According to our stats, Spruce View is the neighbourhood that has the 149th most properties available to real estate investors in Alberta.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Can we guarantee how well Spruce View 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.

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 Spruce View have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
1 bedroom $191,900
2 bedrooms $344,500
3 bedrooms $215,000
Demographics
  • Population in 201118351
  • Population in 200618649
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings7703
  • Private dwellings occupied by usual residents6643
  • Population density per square kilometre4.6
  • Land area (square km)3949