Cheap Lethbridge Real Estate
An article published today in our National media discusses how the average home price across Canada has increased and is now sitting around $508,000. That is half a million dollars. Now this number is not a true reflection of most of Canada, as that number is significantly distorted by the Million dollar properties in Vancouver and Toronto markets. Outside of those 2 markets, or even removing those 2 most high priced markets from the average would likely result in the real number falling to more like $300,000 average across the country.
Here in Lethbridge, our real estate still remains affordable and our economy stronger than most other regions. You can still buy cheap real estate here. A starter condo can be purchased for $130k, a basic duplex for $200k, and a brand new home in a new subdivision for $270k. This is all pretty cheap, but even our average price is closer to the $280k price range, and far below the Canadian average. You can still buy cheap lethbridge real estate.
Here is a link t the CBC story about average Canadian Home Prices.
Robert W May is a Real Estate Broker in Lethbridge Alberta, having now been in the industry for over 23 years. . He was also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta for the past 10 years. He is an industry leader always willing to help train and educate others in how to improve their business models for financial and personal benefit.