David Pellettier Real Estate Blog

What southwest communities to buy real estate in

Last week, Money Sense released their annual report on which communities across Canada are the best to buy real estate in, in 2018. 

 

Five southwest Calgary communities made the list of top 25 to invest in this year, and here is a quick look at why:

 

 

  • Kingsland: this community actually came in at the top spot for all of Calgary, mainly for the amazing return on investment in just five year’s time.
    • Average home price = $522,587
    • Average price vs area = 69.72 per cent
    • 1-year price change = 9.55 per cent
    • 5-year price change = 27.32 per cent
  • Woodbine: this community is ranked at number 12 for this year, with a 78 per cent value rating.
    • Average home price = $513,018
    • Average price vs area = 68.45 per cent
    • 1-year price change = 3.71 per cent
    • 5-year price change = 18.66 per cent
  • Windsor Park: this neighbourhood has a higher average price point, but momentum is soaring at 99 per cent.
    • Average home price = $829,886
    • Average price vs area = 110.72 per cent
    • 1-year price change = 25.63 per cent
    • 5-year price change = 56.56 per cent
  • Haysboro: at number 18 on the list, this community offers 81 per cent value this year.
    • Average home price = $489,909
    • Average price vs area = 65.36 per cent
    • 1-year price change = -2.7 per cent
    • 5-year price change = 21.43 per cent
  • Westgate: this community has a 3.5 star REALTOR® ranking according to the report.
    • Average home price = $585,928
    • Average price vs area = 78.17 per cent
    • 1-year price change = 4.97 per cent
    • 5-year price change = 16.48 per cent

 

If you are interested in investing in real estate in southwest Calgary, please contact me, I would love to lend my expertise.

 

 

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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