Trending

If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.

Ads Google

Whitecourt, AB

Updated: Aug 2016
House
Median price $439,900
Monthly growth 1.25 %
Quarterly trend
Stock on market 3.13%
Apartment
Median price $298,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.23%

Whitecourt Home Price

Canada’s national median home listing price this month is $290,900, which means that Whitecourt is in the top 20% for Canada.

The median house price listed in Whitecourt this month is $439,900.

Whitecourt’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Whitecourt has a huge choice compared to the rest of the province

Is Whitecourt a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

In Whitecourt, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Whitecourt was Canada’s 235th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Whitecourt has a median home price of $298,000.

Investors looking for properties in Whitecourt are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

Alberta has the fourth most amount of properties available to property investors, with Whitecourt having 38th most in the province, out of a total of 99.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Whitecourt will hopefully provide an indicator to help you where to research in-depth

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Whitecourt, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 8, this month we show 9.

Find a mortgage broker in Whitecourt, AB
Beds Median price (House) Median price (Apartment)
2 bedrooms $355,000 $299,900
3 bedrooms $429,900 $297,500
4 bedrooms $471,400
5 bedrooms $479,900
6 bedrooms $569,900
Demographics
  • Population in 20119605
  • Population in 20068971
  • 2006 to 2011 population change (%)7.1
  • Total private dwellings3893
  • Private dwellings occupied by usual residents3629
  • Population density per square kilometre367.4
  • Land area (square km)26.14

Age Characteristics

Total population by age groups 9605
0 to 4 years 815
5 to 9 years 645
10 to 14 years 690
15 to 19 years 720
15 years 150
16 years 135
17 years 155
18 years 140
19 years 140
20 to 24 years 760
25 to 29 years 865
30 to 34 years 840
35 to 39 years 770
40 to 44 years 785
45 to 49 years 785
50 to 54 years 670
55 to 59 years 490
60 to 64 years 300
65 to 69 years 185
70 to 74 years 135
75 to 79 years 60
80 to 84 years 60
85 years and over 40
Median age of the population 31.9
% of the population aged 15 and over 77.7

Marital Status

Total population 15 years and over by marital status 7460
Married or living with a common-law partner 4550
Married (and not separated) 3460
Living common-law 1090
Not married and not living with a common-law partner 2910
Single (never legally married) 2055
Separated 230
Divorced 420
Widowed 200

Family Characteristics

Total number of census families in private households 2690
Size of census family: 2 persons 1215
Size of census family: 3 persons 635
Size of census family: 4 persons 600
Size of census family: 5 or more persons 245
Total number of census families in private households 2695
Total couple families by family structure and number of children 2240
Married couples 1695
Without children at home 680
With children at home 1015
1 child 365
2 children 465
3 or more children 185
Common-law couples 545
Without children at home 280
With children at home 265
1 child 140
2 children 90
3 or more children 40
Total lone-parent families by sex of parent and number of children 450
Female parent 340
1 child 185
2 children 110
3 or more children 45
Male parent 110
1 child 70
2 children 20
3 or more children 20
Total children in census families in private households 3070
Under six years of age 925
6 to 14 years 1210
15 to 17 years 410
18 to 24 years 405
25 years and over 120
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 9540
Number of persons not in census families 1540
Living with relatives 185
Living with non-relatives only 560
Living alone 790
Number of census family persons 8000
Average number of persons per census family 3
Total number of persons 65 years and over in private households 430
Number of persons not in census families aged 65 years and over 125
Living with relatives 25
Living with non-relatives only 15
Living alone 90
Number of census family persons aged 65 years and over 305
Total number of private households by household type 3630
Census-family households 2640
One-family-only households 2365
Couple-family households 2020
Without children 850
With children 1170
Lone-parent-family households 345
Other family households 275
One-family households with persons not in a census family 225
Couple-family households 150
Without children 65
With children 85
Lone-parent-family households 70
Two-or-more-family households 55
Non-census-family households 990
One-person households 790
Two-or-more-person households 200
Total number of occupied private dwellings by structural type of dwelling 3630
Single-detached house 1940
Apartment, building that has five or more storeys 0
Movable dwelling 710
Other dwelling 980
Semi-detached house 295
Row house 145
Apartment, duplex 170
Apartment, building that has fewer than five storeys 375
Other single-attached house 0
Total number of private households by household size 3630
1 person 790
2 persons 1185
3 persons 695
4 persons 615
5 persons 255
6 or more persons 90
Number of persons in private households 9545
Average number of persons in private households 2.6

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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media