The rent prices in real estate in Wetaskiwin, in the Alberta region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Wetaskiwin has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.4. In the following month the price per sq.feet fell to $2.24. The price for the following two months in (January, February) had a considerable rise of 221 %. The price per sq.feet has had a considerable rise of 124 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3.73 to $4.61 during March, and April.
When referring to the price in Wetaskiwin (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,124. In December This price remains at $1,166. During the following two months (January, February) the price has had an average rise from $1,145 to $1,267.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,206.25 and $1,265.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,266 they are 33 % more affordable than the average price for Wetaskiwin . The properties with the highest average price have 3 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,274.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $5.12 / sq.feet price in Wetaskiwin. The properties with the most expensive average prices have 1 bedroom. They are 159 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.68 / sq.feet.
According to average price per property type in Wetaskiwin, "" priced at $850 is 33 % lower than the average price ($1,266) in this city.