Toronto’s construction noise regulations are back in effect with construction start times limited to certain hours of the day.
Wainwright Home Price
The median asking price in Wainwright is $269,000, an improvement on the median three months ago which was $295,000 .
In Aug the median listed house price of $269,000 in Wainwright was an above average compared to the rest of Alberta.
Wainwright’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
According to our stats, Wainwright is the neighbourhood that has the 43th most properties available to real estate investors in Alberta.
Can we guarantee how well Wainwright 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Wainwright there is more stock than three months ago. This would indicate pressure on prices easing.
Across the country as a whole, Wainwright is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.
The $239,900 price tag on the median Wainwright home means that it is above the cost of most houses in the country.
According to our stats, Wainwright is the neighbourhood that has the 32th most properties available to real estate investors in Alberta.
As one of Alberta’s many potential real estate investment neighbourhoods, Wainwright 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 Wainwright, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
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