Property prices for sale in Innisfail (Alberta)
The prices in real estate in Innisfail, in the Alberta region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Innisfail has increased strongly during the last 6 months. In October, the average price per sq.feet was $168. In the following month the price per sq.feet decreased to $152. The price for the following two months in (December, January) had a considerable increment of 162 %. The price per sq.feet has had a considerable increase of 156 % 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 $209.75 to $327 during February, and March.
Based upon to the price in Innisfail (cities), this has gone up considerably in the last 6 months. The average price for October is $226,090. During November the price had a slight fall till $193,500. During the following two months (December, January) the average price had a considerable increase of 153 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $438,160 they are 65 % more affordable than the average price for Innisfail. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $261,916.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $166 / sq.feet, with an average $317 / sq.feet price in Innisfail. The properties with the lowest average prices have 4 bedrooms. They are 23 % cheaper than the average followed by properties with 2 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $438,160 it is 52 % cheaper than the average price in Innisfail. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $208,272 it is 129 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $168 / sq.feet followed by "Land" priced at $259,324 / sq.feet. "Land" is the most costly type of property with a $259,324 / sq.feet cost followed by "Apartment" with an average price of $168 / sq.feet.
