$295,000
213 Centre Street
Patricia, Alberta
3bed3bath1,109sqft
Alberta
Patricia Real Estate
Browse homes for sale in Patricia • Median $250,000
$250,000Median Price
30Avg Days on Market
1Other
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About Patricia Real Estate
Patricia is a small, charming city located in southeastern Alberta, known for its tranquil atmosphere and close-knit community. Historically, Patricia was established as a small agricultural hub, and its roots can be traced back to the early 1900s. The city is characterized by its scenic landscapes, with rolling hills and vast farmlands surrounding the area, which plays a significant role in its small-town appeal. Over the years, Patricia has maintained its quaint charm while evolving to meet the needs of modern residents.
What makes Patricia unique is its sense of community and the slower pace of life it offers compared to larger urban centers. The city fosters a friendly environment where neighbors know each other, and local businesses thrive. With a population of just over 200 residents, Patricia provides a safe and welcoming atmosphere, ideal for those who appreciate a tight-knit community. The city is also home to various local events, such as farmers' markets and seasonal festivals, which further enhance its community spirit.
Patricia's landscape is dotted with beautiful parks and recreational areas, which are perfect for outdoor enthusiasts. Residents can enjoy activities such as hiking, cycling, and birdwatching, taking advantage of the stunning natural beauty that surrounds them. The nearby Red Deer River offers additional recreational opportunities, including fishing and kayaking. This combination of natural beauty and community engagement makes Patricia a desirable place to call home, particularly for those seeking a serene lifestyle away from the hustle and bustle of city life.
1 active listings with a median price of $280,000.
Lifestyle & Community
Living in Patricia is like stepping into a peaceful retreat where the community vibe is warm and inviting. Residents enjoy a slower pace of life, where daily interactions often occur at local shops and parks. The community hosts various events throughout the year, such as summer barbecues and holiday gatherings, fostering a strong sense of belonging. Local culture is rich in tradition, with many residents taking pride in the agricultural heritage of the area. This lifestyle appeals to those looking for a more grounded, family-oriented environment.
Local Amenities
- Community park with playground
- Local grocery store
- Post office
- Coffee shop
- Gas station
- Public library
- Community center
- Nearby schools
- Health clinic
- Sports fields
Points of Interest
- Patricia's Community Park
- Red Deer River
- Patricia Historical Museum
- Local Farmers' Market
- Patricia Golf Club
- Nearby hiking trails
- Annual Harvest Festival
- Scenic viewpoints
- Wildlife observation areas
Market Overview
The current real estate market in Patricia presents a unique opportunity for potential buyers, with only one active listing at a median price of $280,000. This price point reflects the city's affordability compared to larger urban centers in Alberta. The low inventory indicates a balanced market, creating a favorable environment for both buyers and sellers. Buyers can expect a tight-knit community atmosphere with the potential for long-term appreciation as interest in rural living increases.
Investment Outlook
Patricia's real estate market offers promising investment opportunities, particularly for those looking to enter the rental market or seeking properties to renovate. With its affordable median listing price of $280,000, investors can find value in the potential for appreciation as more people seek the tranquility of small-town living. Additionally, the presence of local amenities and community events enhances the area's attractiveness for future development.
Ideal For
Patricia is ideal for first-time buyers looking for an affordable entry into the real estate market, families seeking a safe and nurturing environment, and retirees desiring a quiet lifestyle. Investors may also find opportunities for rental properties, particularly as interest in rural living continues to grow.
Nearby Cities
Living in Patricia
Lifestyle
Living in Patricia is like stepping into a peaceful retreat where the community vibe is warm and inviting. Residents enjoy a slower pace of life, where daily interactions often occur at local shops and parks. The community hosts various events throughout the year, such as summer barbecues and holiday gatherings, fostering a strong sense of belonging. Local culture is rich in tradition, with many residents taking pride in the agricultural heritage of the area. This lifestyle appeals to those looking for a more grounded, family-oriented environment.
Local Amenities
Community park with playgroundLocal grocery storePost officeCoffee shopGas stationPublic libraryCommunity centerNearby schoolsHealth clinicSports fields
Market Insights
The current real estate market in Patricia presents a unique opportunity for potential buyers, with only one active listing at a median price of $280,000. This price point reflects the city's affordability compared to larger urban centers in Alberta. The low inventory indicates a balanced market, creating a favorable environment for both buyers and sellers. Buyers can expect a tight-knit community atmosphere with the potential for long-term appreciation as interest in rural living increases.
Investment Potential
Patricia's real estate market offers promising investment opportunities, particularly for those looking to enter the rental market or seeking properties to renovate. With its affordable median listing price of $280,000, investors can find value in the potential for appreciation as more people seek the tranquility of small-town living. Additionally, the presence of local amenities and community events enhances the area's attractiveness for future development.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$200K – $400K
1
Explore More in Patricia
Patricia Market ReportPrices, trends & analysisCost of Living in PatriciaHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in PatriciaSchools & ratings nearbyTransit in PatriciaStops & stations nearbyParks in PatriciaParks & recreation nearby
Frequently Asked Questions About Patricia
How many homes are for sale in Patricia?
There are currently 1 active residential listings in Patricia. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Patricia?
The median list price for homes in Patricia is $250,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Patricia?
Properties available in Patricia include Other (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Patricia?
Homes in Patricia spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Patricia?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Patricia?
Yes. You can browse homes in specific neighbourhoods within Patricia using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.