Canmore is a town in Canada that is located in the rocky mountain of Alberta in the west of Calgary. It is famous for craggy summits like Ha Ling Peak and the Three Sisters. Living in this Canadian town allows you to live in your house as Canmore offers many wonderful and affordable houses. Moreover, this city offers an active outdoor lifestyle.
There are many world-renowned restaurants in Canmore. So you will not be bored in Canmore. Right now, the best and wonderful place to live in the city is The Three Sisters Mountain Village.
This area of the city is the center of planned growth with many vibrant communities that are popping up with houses that are amazingly wonderful inside and out.
Average Housing Price in Canmore:
Current Canmore MLS stats represent an average housing price of $715,495. This city has almost 54 new listings. Almost 49 days are required on the market to sell a house. The average sold price is $715K. The selling to listing ratio in Canmore is very high and is 98 percent.
Homes for Sale in Canmore:
You can find houses in different areas of the city. Recently a single-family house is available for sale at 725 2nd street, Thorhild, Canmore, Alberta. The price of this house is just $1,85000. A 2 bed and 2 bath condominium are also available for sale at 301, 191 Kananaskis Way Canmore. The price of this house is just $210000. There are many more houses available in the city at very affordable rates.
What Kind of Houses Can You Afford in Canmore?
Like other Canadian cities and towns, Canmore also offers you stunningly beautiful construction styles. These construction styles are single-family residential houses, single-family homes, detached houses, condominiums, and townhomes. You can buy an affordable and beautiful house according to your budget.
All of these housing styles are available with different numbers of beds and baths. The most affordable ones are condominiums. A single-bed condominium is just at the cost of $291K. The average price of a condominium in Canmore is $562K. Townhouses are also quite affordable in Canmore. The average price of townhouses is $924K and out of these one-bedroom townhouses are the cheapest. The average price of detached houses is $1.0M. This real estate data shows that this is a very affordable city to settle in.
Canmore Housing Market Outlook:
The most common housing style in Canmore nowadays is single-family detached houses. Almost 45 percent of the housing properties in the city are single-family detached houses. Canmore also offers you townhomes and small apartment buildings. More than 70 percent of the population of the city has their own houses and the remaining are renters. It’s just because there are very affordable houses in the city.
The many housing properties are to hit the real estate market in May and August. This will make a buying season but locals will see themselves in competition with international buyers. ANZ bank has predicted about housing prices in Canmore that prices will continue to grow in 2022.