Real Estate in Redwater

Redwater has seen modest growth in the past few years as businesses and corporations have moved into the area to begin operations. It is likely that this growth will continue, but at an accelerated pace, as these operations continue to grow and generate offshoot industries.

At present, housing prices are still quite modest compared to other towns nearby. It is a perfect opportunity to invest in the Redwater area.

One of the most comprehensive ways to compare real estate trending and pricing between regions is to look at the price per square foot of living space. Also included below are low and high prices as well as average prices.

	Minimum	Maximum	Average	Price / sq foot
Redwater	$79,900	$599,900	$321,354	$235
Edmonton	$10,000	$4,517,000	$392,931	$276
Fort Saskatchewan	$93,900	$799,900	$343,802	$250
Sherwood Park	$147,500	$1,345,000	$439,406	$275

As you can see, Redwater real estate is ripe for the picking. Other towns and cities in the region have already seen significant growth in property values and with ongoing and future announcements of operations in the area, Redwater property will be following suit.