Contact
Join Us At...
Contact Us
54k 13.5k 10.2k 11.8k
RE/MAX House of Real Estate - #4034 16th Street SW, Calgary, AB, T2T-4H4

Main Content

Calgary: Top Alberta Real Estate Investment Market 2014

  • November 23, 2014
  • By Cody Battershill

Calgary One of the Best Places to Invest in Alberta in 2014Calgary real estate investments

Alberta’s two largest cities – Calgary and Edmonton – top the list in a recent report released by the Real Estate Investment Network (REIN) for best investment markets in the province.

Below are the scores from REIN for 11 Albertan municipalities. Search All Investment Properties in Calgary now.

Top Municipal Rankings

  • Edmonton – 45 total points
  • Calgary – 44 total points
  • Fort Saskatchewan – 43 total points
  • Airdrie – 41 total points
  • Red Deer – 39 total points
  • St. Albert – 39 total points
  • Cold Lake – 38 total points
  • Lloydminster – 38 total points
  • Fort McMurray – 36 total points
  • Grand Prairie – 36 total points
  • Leduc – 34 total points

How They Are ScoredI love Calgary

REIN measures and allocates scores for five different categories including:

Accessibility – 8 potential points

  • Roadways
  • Bridges
  • Airports
  • Public transportation

Political Climate – 8 potential points

  • Rent control
  • Secondary suite legislation
  • Pro-business environment
  • Good measure of economic development
  • Secondary suite legislation
  • Rent control
  • Commercial and residential mill rates (property taxes)
  • Is the city pro-business development
  • Solid economic development plan

- See more at: http://www.reincanada.com/aboutus/media-news/press-releases/real-estate-investment-network-releases-its-brand-new-rein-score/#sthash.9QogsqGb.dpuf

Investors Insights – 10 potential points

  • Vacancy rates
  • Rental trends
  • Call volumes on rental ads
  • Listing price / sale price ratio

Yield Growth Potential – 12 potential points

  • Housing prices / rent ratio
  • Potential of rental price increase

Economic Risk – 12 potential points

  • Gross Domestic Product (GDP)
  • Post-secondary institutions and education
  • Infrastructure including hospitals, sewers, schools
  • Employment growth
  • Population growth

Both economic risk and yield growth potential are the two most important factors listed above.

With nearly half of the total points any municipality can score, they examine things such as the gap between rent / home prices and income levels, employment growth and other factors that would indicate the future state of the economy.

Calgary scored 8/8 for accessibility to transportation, 6/8 for political climate, 9/10 for investors’ insights, 10/12 for yield growth potential and 12/12 in the economic risk category.

As long as Calgary continues on its path of economic prosperity, interprovincial and international migrants will continue to relocate to the city creating great opportunities for real estate investors.

More Investment Articles

Calgary Real Estate Investments – Home Flipping Preparation Tips

Reasons Why You Should (or Shouldn’t) Invest in Real Estate

Best Condo Investments in Canada

Questions About Calgary Real Estate Investments?Get the best advice Calgary real estate

As an experienced Calgary REMAX Real Estate Professional, I can help you find the best investment property for the best value while discerning all your real estate needs.

Call me anytime at 403-370-4180 or message me below; I am looking forward to helping you accomplish your investment goals!Satisfaction Guaranteed Remax Calgary

[gravityform id="35" name="Here to Help" title="false" description="false"]

Category: Blog, Buying Tips