Many clients say that Arbour Lake is really hot right now! This may be because Arbour Lake is a lake community with excellent transportation links, a large community shopping center, and nearby library, fitness, and entertainment facilities. Many residents can even enjoy distant views of the Rocky Mountains from their homes.
Housing prices are quite high—one-bedroom condos with underground parking are around $200,000, while in southern communities like Somerset, Evergreen, and Bridlewood, you can find similar properties for around $170,000. Additionally, a detached house with a backyard, double garage, and finished basement costs around $380,000, whereas in many other communities, that price could get you a front-attached double garage home.
With a backyard view like this, a 2,900 square foot home with a walkout basement is selling for $993,000—almost a million.
Detached:
51 properties were sold from August to October, 35 of them are Single Family Houses.
There was a 502 Square Meters lot sold at $305,000.
The average sold price for 2 story house without garage or with single detached garage was $354,167.
The average sold price for 2 story house with double attached garage was $494,852.
Condominium:
15 condominiums were sold from August to October.
The average sold price for one-bedroom-apartment is $207,500 with underground parking.
The average sold price for two-bedroom-apartments is $265,167.
Town house:
The only town house was sold at $275,000. It has 3 bedrooms without attached garage.
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