520 Property for sale in Medicine Hat listings are price checked
Listings from royallepage.ca, forsalebyowner.ca and 5 more
Property value calculations
Do not overpay! With property price calculations you can make better choices when you are looking for your next place to live.
Using artificial intelligence, we analyse property adverts daily from various property portals, saving you time and providing valuable insights.
How we calculate property prices
The estimated market value for properties is calculated by using a proprietary formula that includes detailed information about a home (bedrooms, bathrooms, size and so on), Additionally, location, market dynamics and other key details are extracted from property listings to determine the correct price evaluation.
The precision of the estimates rely on the availibility of data and should serve as guidance rather than absolute certainty.
We remain committed to transparency and providing valuable market insights to our users, by helping them navigate the property market with confidence.
Living in Medicine Hat: A Quick Guide to the Real Estate Market & Neighborhoods
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Market status in Medicine Hat
Our catalog on AllClassifieds offers a comprehensive overview of the real estate sales market status in Medicine Hat (Cypress, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with houses leading with an average price of $ 521,800 CAD, an average size of 1,404 sqft, and representing 87.2% of listings. Condos follow with an average price of $ 289,100 CAD, an average size of 1,033 sqft, and 10.3% of listings. Townhouses make up 2.3% of listings, with an average price of $ 309,400 CAD and an average size of 1,054 sqft.
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FAQ
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What are the property taxes in Medicine Hat and are there any other ongoing costs I should consider?
Property taxes in Medicine Hat typically start around $ 2,000 CAD annually for an average household. Additional costs you might consider include utility bills (e.g., water, electricity), home insurance, and maintenance expenses. These costs vary based on the property size, location, and personal usage. Always verify the most current tax rates and fees directly with local authorities.
What types of upfront costs and fees will I have to pay when purchasing a property in Medicine Hat?
When purchasing a property in Medicine Hat, you'll typically need to pay a down payment (minimum 5% of the purchase price), home inspection ($ 500 CAD approx.), legal fees (around $ 1,500 CAD ), and property transfer taxes if applicable. Additionally, there might be costs for mortgage insurance depending on your down payment. Always verify specific fees with your real estate agent or lawyer.
How does the Medicine Hat property market compare to ther regions in the Canada?
In the City of Medicine Hat, the average property price is around $ 282,500 CAD , significantly lower compared to Vancouver's average of $ 1,156,050 CAD or Toronto's $ 1,088,000 CAD . This makes Medicine Hat an attractive market for buyers seeking affordability. Additionally, Medicine Hat offers relatively lower living costs, enhancing its appeal to potential homeowners and investors.
