Grande Prairie is a city in western Alberta, Canada. This city is situated near British Columbia, lies along Bear River, almost 286 miles to the northwest of Edmonton. This city is very famous for business and is the transportation center of the Peace River region of Alberta. So, if you are thinking of establishing your own business then Grande Prairie will be a great choice.
Moreover, if you are worried about the future of your children then this city is a good choice to enroll your kids in a good school and also for fun recreational activities.
Average Housing Price in Grande Prairie:
Recent Grande Prairie MLS statistics indicate that the city has an average house price of $320,428. There are 181 new listings in Grande Prairie in the last twenty-eight days. This city has 51 average days on the market for house sales. The average sold price in the city is $320K. Grande Prairie has a 98% selling to listing price ratio.
Homes for Sale in Grande Prairie:
Grande Prairie offers different construction styles in different areas of the city. These houses are available at affordable prices. So, if you plan to settle in this city, you do not have to live in a rented house. You can buy your own house in Grande Prairie.
A three bed and 2 bath apartment with a total covering area of 1250 sq.ft is available at 418 W Ferndale Ln, Grande Prairie, TX 75052. This apartment is available at the price of $174,900. There are many other affordable apartments in the city. If you want to buy a bigger house then such a house is also available at the price of $222,000. This house is at 1405 California Trl, Grande Prairie, TX 75052.
What Kind of Houses Can You Afford in Grande Prairie?
You can afford houses of different construction styles in Grande Prairie. The most common ones are detached houses, townhouses and condos. Detached houses are available with a different number of beds. The most affordable ones are detached houses with 2 bedrooms. The price of a detached house in the city is almost $340K. This price will increase with the increase in the number of beds. A three-bed detached house has a price of $368K. Likewise, a four and five bed detached house has a price of $340K and $363K respectively.
Similar is the case with townhomes and condos. The 3-bed townhouse are available at the price of $210K. While two bed condos are available at the cost of $159K in the city. Conclusively, condominiums are the most affordable housing styles in Grande Prairie.
Grande Prairie Housing Market Outlook:
During the August 2021, Grande Prairie house prices were up almost 9.8 percent as compared to last year, the selling for a median house price of $288K. On average, houses in the city are sold out after fifteen days on the market as compared to the nineteen days last year. There were almost 162 houses sold out in August this year, up from the 141 homes last year.