A quick exercise in current Real Estate affordability...
According to the September, 2023 Calgary Real Estate Board's sales data: The benchmark sale price of combined home segments (i.e. detached, duplex, townhome & condo) in CALGARY, AB is currently $570,300. The benchmark sale price of combined home segments in COCHRANE, AB is currently $530,700.
According to the September, 2023 Calgary Real Estate Board's sales data: The benchmark sale price of combined home segments (i.e. detached, duplex, townhome & condo) in CALGARY, AB is currently $570,300. The benchmark sale price of combined home segments in COCHRANE, AB is currently $530,700.
Translation: there is currently 7% better residential Real Estate value to be found in Cochrane, as opposed to Calgary. For example, the same $600,000 home in Calgary would sell in Cochrane for $558,000. Know of someone looking to Buy or Sell? Please send them our way; You will be glad you did 🙏.
