$250,000
5409 49 Ave
Camrose, Alberta
3bed2bath
Royal LePage Prestige Realty
MLS® E4492578
detached in Camrose
Browse 184 active listings
Market Analysis
In Camrose, Alberta, the active market for detached homes attracts a diverse range of buyers, from young families seeking spacious living to retirees looking for a peaceful community. Many professionals are drawn to the area due to its proximity to Edmonton, which is about an hour’s drive away, while still offering the charm of small-town life. Families appreciate the availability of quality schools such as École Camrose Composite High School and Camrose Outreach School, while retirees enjoy the serene lifestyle and community-oriented events held at places like the Camrose Arts Centre. The local lifestyle blends outdoor activities with community engagement, making it ideal for those who value both recreation and social interaction.
Price Insights
With a median price of $153,069 and an average price of $262,634, Camrose provides an appealing range of options for those looking to invest in detached homes. For example, a property in the desirable Crestwood neighborhood offers three bedrooms and a spacious backyard, all for under $300,000. Buyers can find well-maintained homes along 48th Avenue, where properties often come with updated kitchens and proximity to parks like Mirror Lake Park. For those with a budget closer to $1,000,000, homes in the upscale neighborhoods of Valleyview or on 50th Street can provide luxurious amenities including expansive lots and modern finishes, reflecting the higher-end market in this vibrant community.
Available Properties
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About This Property Type
Detached homes in Camrose are characterized by their varied architectural styles, including traditional bungalows, split-levels, and contemporary designs. Most properties come with generous yards, offering ample space for gardening and outdoor activities. Streets like 49th Street and 55th Avenue showcase a mix of newer developments and classic homes that have been lovingly maintained over the years. Many of these homes feature essential amenities such as finished basements, spacious garages, and outdoor entertainment areas designed for family gatherings. The presence of mature trees in neighborhoods enhances the overall appeal, creating a welcoming atmosphere for residents.
Location Highlights
Camrose stands out as a community rich in culture and natural beauty. The city is home to the renowned Camrose Regional Exhibition, which draws visitors for its annual events and fairs. Additionally, the local arts scene thrives with venues like the Camrose Performing Arts Centre. Outdoor enthusiasts can enjoy walking trails along the St. Mary's River and the picturesque Camrose Golf Course. Local amenities include grocery stores, restaurants, and shops concentrated in the downtown area, particularly along 50th Street and 48th Avenue. Families benefit from nearby amenities such as the Camrose Public Library and several well-maintained parks, making it an ideal location for those seeking a balanced lifestyle.
Investment Advice
Investing in a detached home in Camrose is a smart choice, given the city's steady growth and community-focused environment. The active market reflects diverse options that cater to both first-time buyers and seasoned investors. With the average price still below the broader Alberta market, there’s an excellent opportunity for appreciation in value, especially as demand for housing continues to rise. Moreover, properties in neighborhoods like Parkview and Valleyview often see strong resale values due to their desirable locations and amenities. As the city expands and more developments are planned, investing now may yield substantial returns in the coming years.
Buying Tips
When considering a purchase of a detached home in Camrose, it’s crucial to be well-prepared. Start by getting pre-approved for a mortgage to understand your budget, allowing you to act quickly in this competitive market. Familiarize yourself with various neighborhoods by visiting them on different days to gauge the community vibe. Pay special attention to local schools and amenities, as properties in proximity to these features tend to retain value better. Additionally, inspect homes thoroughly, as some may require updates or renovations. Don’t hesitate to work with a local real estate agent who knows the area well, as they can provide invaluable insights into the market trends and help negotiate the best deal.
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Frequently Asked Questions About Camrose
How many detached homes are for sale in Camrose?
There are currently 184 detached homes listed for sale in Camrose on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Camrose?
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.