Property prices for sale in Cold Lake (Alberta)
The prices in real estate in Cold Lake, in the Alberta region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Cold Lake has increased during the last 6 months. In October, the average price per sq.feet was $224. In November this price pretty much remained the same at a value of $227 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $225.5 to $252.5 per sq.feet. The price per sq.feet has increased 106 % 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 $239 to $253 during February, and March.
Based upon to the price in Cold Lake (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $320,381. In November This price remains at $309,178. During the following two months (December, January) the price has had an average incrementation from $314,779.5 to $361,399.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $338,089.5 and $350,916.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $343,104 they are 33 % more affordable than the average price for Cold Lake. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $295,884.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $251 / sq.feet price in Cold Lake. The properties with the highest average prices have 4 bedrooms. They are 820 % more expensive than the average followed by properties with 1 bedroom with a price at $351 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $343,104 it is 14 % cheaper than the average price in Cold Lake. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $299,945 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Office" at an average cost of $2,220 / sq.feet followed by "Duplex" priced at $2,235 / sq.feet. "Apartment" is the most costly type of property with a $2,310 / sq.feet cost followed by "Condo" with an average price of $2,280 / sq.feet.
