Lethbridge Revenue Properties
The
Alberta real estate market is active!
Now is your opportunity to invest in a
solid entity that is safe, inflation proof, appreciating and cash
producing, month after month. In the 1990's it was the stock market which
boomed, this decade it's real estate. Calgary and Edmonton revenue prices have
already sky-rocketed, but there are still opportunites in the Lethbridge
market.
To date, Lethbridge has enjoyed the lowest
real estate prices of any major
Alberta city, but this is changing FAST. Lethbridge is ideally located on
the main transportation corridor running from the US border through
Calgary and Edmonton, to Fort McMurray. Major new employers such as Sun
Life insurance have moved to town. With a
population increase from 72,000 in 2001 to 85,000 2011, is it
any wonder that new housing is mushrooming on every side of the city.
A lack of inventory,
is causing prices to steadily rising. The average Sutton Group Lethbridge resale price year to date in 2005 was
$142,394, in January 2011 it was $283,970.
All of the fundamentals
for steady Lethbridge property price increases are in place. Many real estate
agents are projecting a catch up with our
close neighbour Calgary, and benefits from the expected long term oil
demand across Alberta. Each area of the city generates it's own pressure
for rental property. In the west it is primarily the university, in the
south the college, and in the north, the industrial sector.
At Team Miller we specialize
in finding revenue property for our clients. If you would like to take
advantage of one of the most active property markets in Canada, please fill
out the form below, or call Mary McLean today at 403-320-6411.
*We regret that requests submitted without the required fields for
verification purposes will not be answered.
